Keystone Financial Group
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 31, 2024), Keystone Financial Group reported 167 stock positions worth $275.4 million. Its top holding was Apple (AAPL) at 15.6% of the portfolio, followed by Microsoft (MSFT, 7.7%) and Nvidia (NVDA, 7.2%). Compared with Q1 2024, it opened 11 new positions, sold out of 191, added to 79 and reduced 62. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale an exit from SS SPDR S&P 500 ETF Trust-US (SPY).
- Most Recent 13F
- Q2 2026
- Location
- LEXINGTON, KY
- CIK
- 0001729299
- Portfolio Value
- $275.4M (Q2 2024)
- SEC Filing
- 0001765380-24-000254 ↗ filed Jul 31, 2024
Holdings Value
Holdings 167 stocks · $275.4M
| AAPL Apple Inc. | 15.60% | 204,007 | $43.0M | Add +0.9% |
| MSFT Microsoft Corp. | 7.66% | 47,216 | $21.1M | Reduce -0.4% |
| NVDA Nvidia Corp. | 7.18% | 160,086 | $19.8M | Add +6.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.46% | 30,200 | $12.3M | Add +0.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 3.78% | 17 | $10.4M | No change |
| AMZN Amazon.com Inc. | 3.67% | 52,376 | $10.1M | Add +2.7% |
| META Meta Platforms Inc. Class A | 2.63% | 14,393 | $7.3M | Add +7.3% |
| GOOG Alphabet Inc. Class C | 2.37% | 35,590 | $6.5M | Reduce -1.1% |
| AMD Advanced Micro Devices | 2.29% | 38,899 | $6.3M | Reduce -0.7% |
| PG The Procter & Gamble Co. | 2.16% | 36,053 | $5.9M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 2.08% | 49,821 | $5.7M | Add +1.6% |
| TSLA Tesla Inc. | 1.99% | 27,700 | $5.5M | Add +5.9% |
| PLTR Palantir Technologies Inc. Class A | 1.92% | 209,203 | $5.3M | Add +21.5% |
| GOOGL Alphabet Inc. Class A | 1.79% | 27,006 | $4.9M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 1.63% | 22,138 | $4.5M | Add +6.1% |
| LLY Eli Lilly & Co. | 1.41% | 4,286 | $3.9M | Add +22.1% |
| JNJ Johnson & Johnson | 1.32% | 24,816 | $3.6M | Add +4.2% |
| MRK Merck & Co. Inc. | 1.19% | 26,494 | $3.3M | Add +0.0% |
| LOW Lowe's Cos Inc. | 1.13% | 14,127 | $3.1M | Add +5.2% |
| ABBV Abbvie Inc. | 1.12% | 17,913 | $3.1M | Add +9.0% |
| PEP Pepsico Inc. | 1.01% | 16,929 | $2.8M | Reduce -0.8% |
| BA The Boeing Co. | 0.83% | 12,566 | $2.3M | Reduce -5.0% |
| MCD McDonald's Corp. | 0.81% | 8,757 | $2.2M | Reduce -6.2% |
| CVX Chevron Corp. | 0.80% | 14,127 | $2.2M | Add +9.5% |
| HD Home Depot Inc. | 0.77% | 6,122 | $2.1M | Add +4.6% |
| IP International Paper Co. | 0.71% | 45,096 | $1.9M | Reduce -0.3% |
| V Visa Inc. Class A | 0.68% | 7,184 | $1.9M | Reduce -3.4% |
| KO The Coca-Cola Co. | 0.67% | 28,990 | $1.8M | Reduce -0.3% |
| CMG Chipotle Mexican Grill Inc. | 0.66% | 29,199 | $1.8M | Add +9.6% |
| ABT Abbott Laboratories | 0.64% | 17,020 | $1.8M | Add +2.1% |
| PFE Pfizer Inc. | 0.62% | 60,572 | $1.7M | Add +16.2% |
| PM Philip Morris International | 0.61% | 16,501 | $1.7M | Add +1.2% |
| NFLX Netflix Inc. | 0.57% | 2,333 | $1.6M | Reduce -1.2% |
| T AT&T Inc. | 0.51% | 73,252 | $1.4M | Add +19.4% |
| QCOM Qualcomm Inc. | 0.50% | 6,952 | $1.4M | Add +5.0% |
| MPC Marathon Petroleum Corp. | 0.50% | 7,910 | $1.4M | Reduce -0.9% |
| WMT Walmart Inc. | 0.49% | 19,862 | $1.3M | Add +3.1% |
| STX Seagate Technology Holdings | 0.48% | 12,749 | $1.3M | Add +18.0% |
| NSC Norfolk Southern Corp. | 0.45% | 5,823 | $1.3M | Add +0.1% |
| UL Unilever PLC | 0.44% | 22,024 | $1.2M | Add +0.2% |
| CSCO Cisco Systems Inc. | 0.43% | 24,927 | $1.2M | Add +1.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 29,104 | $1.2M | Reduce -4.4% |
| UNH Unitedhealth Group Inc. | 0.42% | 2,252 | $1.1M | Reduce -4.7% |
| GE General Electric filed as GE AEROSPACE | 0.40% | 6,968 | $1.1M | Reduce -1.4% |
| UPS United Parcel Service Class B | 0.40% | 8,044 | $1.1M | Reduce -0.7% |
| AVGO Broadcom Inc. | 0.38% | 644 | $1.0M | Reduce -3.0% |
| DUK Duke Energy Corp. | 0.35% | 9,655 | $968K | Add +3.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 9,695 | $963K | Add +18.0% |
| VZ Verizon Communications Inc. | 0.34% | 22,459 | $926K | Add +5.0% |
| B Barrick Gold Corp. | 0.33% | 54,796 | $914K | Add +1.8% |
| BDX Becton Dickinson and Co. | 0.33% | 3,849 | $900K | No change |
| ORCL Oracle Corp. | 0.32% | 6,156 | $869K | Add +10.0% |
| DEO Diageo PLC-Sponsored ADR | 0.31% | 6,829 | $861K | Add +2.5% |
| ITW Illinois Tool Works | 0.31% | 3,586 | $850K | Reduce -1.2% |
| MMM 3M Co. | 0.31% | 8,278 | $846K | Add +0.6% |
| AEP American Electric Power | 0.28% | 8,904 | $781K | Add +7.0% |
| NEE Nextera Energy Inc. | 0.28% | 10,914 | $773K | Reduce -1.8% |
| APAM Artisan Partners Asset Ma -A | 0.28% | 18,684 | $771K | No change |
| NKE Nike Inc. Class B | 0.26% | 9,493 | $715K | Add +19.6% |
| ELV Elevance Health Inc. | 0.26% | 1,310 | $710K | Add +2.2% |
| TEVA Teva Pharmaceutical-SP ADR | 0.25% | 43,004 | $699K | Reduce -5.3% |
| ABNB Airbnb Inc. Class A | 0.23% | 4,092 | $620K | Add +4.8% |
| COIN Coinbase Global Inc. Class A | 0.22% | 2,766 | $615K | Reduce -2.6% |
| LMT Lockheed Martin Corp. | 0.22% | 1,304 | $609K | Reduce -4.0% |
| WFC Wells Fargo & Co. | 0.22% | 10,188 | $605K | Add +4.1% |
| D Dominion Energy Inc. | 0.22% | 12,275 | $601K | Add +0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 3,205 | $554K | Add +2.4% |
| COST Costco Wholesale Corp. | 0.20% | 651 | $553K | Add +25.4% |
| LRCX Lam Research Corp. | 0.20% | 516 | $549K | Reduce -0.2% |
| SO The Southern Co. | 0.20% | 7,034 | $546K | Add +2.1% |
| CSX CSX Corp. | 0.20% | 16,310 | $546K | Reduce -2.3% |
| BTI British American Tob-SP ADR | 0.19% | 17,331 | $536K | Reduce -0.6% |
| ENB Enbridge Inc. | 0.19% | 14,399 | $512K | Add +3.3% |
| FIS Fidelity National Info Serv | 0.19% | 6,790 | $512K | Add +2.4% |
| GBTC Grayscale Bitcoin Trust ETF | 0.18% | 9,563 | $509K | Add +15.9% |
| MA Mastercard Inc. Class A | 0.18% | 1,149 | $507K | Reduce -2.3% |
| ECL Ecolab Inc. | 0.18% | 2,103 | $501K | Reduce -2.3% |
| FSK FS KKR Capital Corp. | 0.18% | 24,744 | $488K | Reduce -9.6% |
| O Realty Income Corp. | 0.18% | 9,162 | $484K | Add +12.1% |
| LIN Linde PLC | 0.17% | 1,067 | $468K | No change |
| AMGN Amgen Inc. | 0.17% | 1,484 | $464K | Add +21.8% |
| USB US Bancorp | 0.17% | 11,539 | $458K | Add +0.1% |
| INTC Intel Corp. | 0.16% | 14,582 | $452K | Reduce -11.3% |
| DKNG Draftkings Inc. Class A | 0.16% | 11,721 | $447K | Add +1.4% |
| FDX FedEx Corp. | 0.16% | 1,484 | $445K | Reduce -13.7% |
| ALB Albemarle Corp. | 0.16% | 4,645 | $444K | Reduce -12.2% |
| KR Kroger Co. | 0.16% | 8,753 | $437K | Add +30.4% |
| WM Waste Management Inc. | 0.16% | 2,024 | $432K | Add +14.1% |
| TRV The Travelers Cos Inc. | 0.16% | 2,117 | $430K | Reduce -6.0% |
| BX Blackstone Inc. | 0.16% | 3,472 | $430K | Reduce -1.6% |
| GLD SPDR Gold Shares | 0.15% | 1,975 | $425K | Add +4.8% |
| SLV iShares Silver Trust | 0.15% | 15,982 | $425K | Add +23.5% |
| RH RH | 0.15% | 1,710 | $418K | Add +63.3% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.15% | 7,186 | $418K | Reduce -3.6% |
| TMO Thermo Fisher Scientific Inc. | 0.15% | 747 | $413K | Add +2.9% |
| KLAC KLA Corp. | 0.15% | 500 | $412K | Add +0.6% |
| KMB Kimberly-Clark Corp. | 0.15% | 2,978 | $412K | Add +1.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.15% | 2,846 | $406K | Add +18.9% |
| ALL Allstate Corp. | 0.15% | 2,503 | $400K | Reduce -1.0% |
| SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC | 0.14% | 8,421 | $399K | Reduce -1.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $3.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2,611 | $3.1M | Add +0.3% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 14,000 | $653K | New |
Total filed on the 13F, all lines: $279.2M.
Portfolio Sells Q1 2024 → Q2 2024
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −10.60 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Sold out | 0.00% | −5.47 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −3.84 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −3.59 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −2.70 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −2.54 |
| JQUA JPMorgan US Quality Factor | Sold out | 0.00% | −1.91 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −1.52 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Sold out | 0.00% | −1.52 |
| CFO Victoryshares US 500 Enhance | Sold out | 0.00% | −1.05 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −1.04 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.91 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.85 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.80 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.78 |
| VIG Vanguard Dividend Apprec ETF | Sold out | 0.00% | −0.77 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.63 |
| VOOG Vanguard S&P 500 Growth ETF | Sold out | 0.00% | −0.60 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.59 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.58 |
| TCAF T Rowe PRC Cap Appreciation | Sold out | 0.00% | −0.55 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.54 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Sold out | 0.00% | −0.52 |
| VOOV Vanguard S&P 500 Value ETF | Sold out | 0.00% | −0.51 |
| USMV iShares MSCI USA Min Vol Fac | Sold out | 0.00% | −0.49 |
| MDY State Street SPDR S&P Midcap | Sold out | 0.00% | −0.49 |
| DGRO iShares Core Dividend Growth | Sold out | 0.00% | −0.46 |
| BINC iShares Flex I A ETF-Usd Inc. | Sold out | 0.00% | −0.45 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | Sold out | 0.00% | −0.44 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −0.44 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.42 |
| HEFA Isha Curr Hedged MSCI Eafe | Sold out | 0.00% | −0.41 |
| CDC Victoryshares US Eq Income E | Sold out | 0.00% | −0.40 |
| VIOO Vanguard S&P Small-Cap 600 E | Sold out | 0.00% | −0.39 |
| SPMB SS SPDR P Mort Back Bond ETF | Sold out | 0.00% | −0.38 |
| SPIP SS SPDR P Tips ETF | Sold out | 0.00% | −0.35 |
| GRID First TRST Nasd Class Edg Sgiif | Sold out | 0.00% | −0.35 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.33 |
| CFA Victoryshares US 500 Volatil | Sold out | 0.00% | −0.33 |
| RDVY First Trust Rising Dividend | Sold out | 0.00% | −0.32 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.31 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.30 |
| IXN iShares Global Tech ETF | Sold out | 0.00% | −0.28 |
| IEFA iShares Core MSCI Eafe ETF | Sold out | 0.00% | −0.27 |
| SCHG Schwab US Large-Cap Growth | Sold out | 0.00% | −0.26 |
| FV First Trust DW Focus 5 Fund | Sold out | 0.00% | −0.24 |
| FMB First Trust Managed Municipa | Sold out | 0.00% | −0.24 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.21 |
| VSDA Victoryshares Dividend Accel | Sold out | 0.00% | −0.21 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.21 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +0.9% | 15.60% | +10.53 |
| NVDA Nvidia Corp. | Add +6.3% | 7.18% | +5.19 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.9% | 4.46% | +2.62 |
| AMZN Amazon.com Inc. | Add +2.7% | 3.67% | +2.33 |
| META Meta Platforms Inc. Class A | Add +7.3% | 2.63% | +1.68 |
| PLTR Palantir Technologies Inc. Class A | Add +21.5% | 1.92% | +1.34 |
| TSLA Tesla Inc. | Add +5.9% | 1.99% | +1.32 |
| XOM Exxon Mobil Corp. | Add +1.6% | 2.08% | +1.25 |
| JPM JPMorgan Chase & Co. | Add +6.1% | 1.63% | +1.01 |
| LLY Eli Lilly & Co. | Add +22.1% | 1.41% | +1.01 |
| JNJ Johnson & Johnson | Add +4.2% | 1.32% | +0.77 |
| MRK Merck & Co. Inc. | Add +0.0% | 1.19% | +0.68 |
| ABBV Abbvie Inc. | Add +9.0% | 1.12% | +0.68 |
| LOW Lowe's Cos Inc. | Add +5.2% | 1.13% | +0.63 |
| CVX Chevron Corp. | Add +9.5% | 0.80% | +0.50 |
| CMG Chipotle Mexican Grill Inc. | Add +9.6% | 0.66% | +0.44 |
| HD Home Depot Inc. | Add +4.6% | 0.77% | +0.44 |
| PFE Pfizer Inc. | Add +16.2% | 0.62% | +0.40 |
| PM Philip Morris International | Add +1.2% | 0.61% | +0.39 |
| ABT Abbott Laboratories | Add +2.1% | 0.64% | +0.36 |
| T AT&T Inc. | Add +19.4% | 0.51% | +0.35 |
| QCOM Qualcomm Inc. | Add +5.0% | 0.50% | +0.34 |
| STX Seagate Technology Holdings | Add +18.0% | 0.48% | +0.33 |
| WMT Walmart Inc. | Add +3.1% | 0.49% | +0.32 |
| UL Unilever PLC | Add +0.2% | 0.44% | +0.28 |
| CSCO Cisco Systems Inc. | Add +1.5% | 0.43% | +0.25 |
| NSC Norfolk Southern Corp. | Add +0.1% | 0.45% | +0.24 |
| DUK Duke Energy Corp. | Add +3.8% | 0.35% | +0.22 |
| ORCL Oracle Corp. | Add +10.0% | 0.32% | +0.21 |
| VZ Verizon Communications Inc. | Add +5.0% | 0.34% | +0.20 |
| DIS The Walt Disney Co. | Add +18.0% | 0.35% | +0.20 |
| B Barrick Gold Corp. | Add +1.8% | 0.33% | +0.20 |
| MMM 3M Co. | Add +0.6% | 0.31% | +0.18 |
| AEP American Electric Power | Add +7.0% | 0.28% | +0.18 |
| DEO Diageo PLC-Sponsored ADR | Add +2.5% | 0.31% | +0.17 |
| ELV Elevance Health Inc. | Add +2.2% | 0.26% | +0.16 |
| NKE Nike Inc. Class B | Add +19.6% | 0.26% | +0.15 |
| COST Costco Wholesale Corp. | Add +25.4% | 0.20% | +0.15 |
| WFC Wells Fargo & Co. | Add +4.1% | 0.22% | +0.14 |
| ABNB Airbnb Inc. Class A | Add +4.8% | 0.23% | +0.13 |
| D Dominion Energy Inc. | Add +0.7% | 0.22% | +0.13 |
| SO The Southern Co. | Add +2.1% | 0.20% | +0.13 |
| LNC Lincoln National Corp. | New | 0.12% | +0.12 |
| AMGN Amgen Inc. | Add +21.8% | 0.17% | +0.12 |
| K Kellanova | New | 0.12% | +0.12 |
| FIS Fidelity National Info Serv | Add +2.4% | 0.19% | +0.11 |
| IBM Intl Business Machines Corp. | Add +2.4% | 0.20% | +0.11 |
| ENB Enbridge Inc. | Add +3.3% | 0.19% | +0.11 |
| SLV iShares Silver Trust | Add +23.5% | 0.15% | +0.11 |
| O Realty Income Corp. | Add +12.1% | 0.18% | +0.11 |
Notes & Other Activity Q1 2024 → Q2 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +0.3% | 2,611 | $3.1M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | New | 14,000 | $653K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 565 | $1.7B | AAPL, SPY, SPYM, STX, SPYG |
| Q1 2026 | 522 | $1.5B | AAPL, SPY, SPYM, VFLO, STX |
| Q4 2025 | 452 | $1.3B | AAPL, SPY, PLTR, SPYM, VFLO |
| Q3 2025Amended | 422 | $1.3B | SPY, AAPL, PLTR, NVDA, VTI |
| Q2 2025 | 428 | $1.1B | SPY, AAPL, SPYM, NVDA, VTI |
| Q1 2025 | 393 | $979.6M | AAPL, SPY, SPYM, SPYG, VTI |
| Q4 2024 | 388 | $1.0B | AAPL, SPY, SPYM, SPYG, VTI |
| Q3 2024Amended | 371 | $777.2M | SPY, AAPL, SPYM, SPYG, VTI |
| Q2 2024 | 167 | $275.4M | AAPL, MSFT, NVDA, BRK.B, BRK.A |
| Q1 2024 | 346 | $683.3M | SPY, SPYM, AAPL, VTI, SPYG |