Keystone Financial Group, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 21, 2025), Keystone Financial Group, Inc. reported 148 stock positions worth $157.0 million. Its top holding was Dimensional US Core Equity M (DFAU) at 17.5% of the portfolio, followed by iShares 0-3 Month Treasury B (SGOV, 11.6%) and Schwab US DVD Equity ETF (SCHD, 6.1%). Compared with Q1 2025, it opened 5 new positions, sold out of 13, added to 65 and reduced 31. The biggest buy was a new position in FB Financial (FBK) and the biggest sale Vanguard Short-Term Tips (VTIP, shares −86%).

Most Recent 13F
Q2 2026
Location
ATLANTA, GA
CIK
0002053642
Portfolio Value
$157.0M (Q2 2025)
SEC Filing
0002053642-25-000005 ↗ filed Jul 21, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2024: $123.5M Q4 2024 Q1 2025: $142.0M Q1 2025 Q2 2025: $157.0M $157.0M Q2 2025 Q3 2025: $177.4M Q3 2025 Q4 2025: $191.0M Q4 2025 Q1 2026: $192.4M Q1 2026 Q2 2026: $190.5M Q2 2026

Holdings 148 stocks · $157.0M
DFAU Dimensional US Core Equity M 17.46% 636,076 $27.4M Reduce -0.5%
SGOV iShares 0-3 Month Treasury B 11.61% 181,168 $18.2M Reduce -4.2%
SCHD Schwab US DVD Equity ETF 6.12% 355,740 $9.6M Add +4.4%
VPLS Vanguard Core-Plus Bond ETF 6.11% 124,611 $9.6M Add +46.6%
VIGI Vanguard Int Div App Indx FD 5.74% 102,112 $9.0M Add +1.7%
VIG Vanguard Dividend Apprec ETF 5.30% 40,398 $8.3M Add +8.8%
INMU iShares Intermediate Muni Inc. 3.65% 246,121 $5.7M Add +75.4%
DFSD Dimensional Short Duration 3.28% 107,297 $5.2M Add +32.8%
DFAC Dimensional US Core Equity 2 2.79% 120,015 $4.4M Add +2.2%
SHV iShares 0-1 Year Treasury Bo 2.75% 39,207 $4.3M Reduce -1.9%
DFAX Dimensional World Ex US Core 2.58% 137,676 $4.1M Add +9.1%
MEAR Ishrs Short Mat Muni Act ETF 2.28% 71,223 $3.6M Add +36.3%
BRTR iShares Total Return Act ETF 2.17% 68,248 $3.4M Add +42.6%
EMLP First Trust North American E 1.86% 77,458 $2.9M Add +21.5%
NEAR iShares SH Dba ETF Usd Inc. 1.82% 56,148 $2.9M Add +74.3%
ITOT iShares Core S&P Total U.S. 1.70% 19,425 $2.7M Reduce -5.6%
JAJL Innovator Edp ETF - 6M Ja 1.70% 94,267 $2.7M Reduce -28.4%
FBK FB Financial Corp. filed as FB FINL CORP 1.58% 50,693 $2.5M New
ISTB iShares Core 1-5 Year Usd Bo 1.38% 44,739 $2.2M Add +11.2%
USRT iShares Core US REIT ETF 1.37% 37,708 $2.1M Add +13.1%
IXUS iShares Core Intl Stock ETF 1.32% 26,716 $2.1M Reduce -0.7%
IEFA iShares Core MSCI Eafe ETF 0.86% 16,328 $1.3M Add +1.2%
VLUE iShares MSCI USA Value Facto 0.83% 11,396 $1.3M Add +0.7%
SPTM SS SPDR P S&P 1500 Comp ETF 0.70% 14,549 $1.1M Reduce -12.3%
DFAW Dimensional World Eqty ETF 0.62% 14,404 $979K Add +7.4%
IJR iShares Core S&P Small-Cap E 0.61% 8,566 $958K Reduce -7.0%
TFC Truist Financial Corp. 0.60% 21,283 $942K Add +1.3%
VSDM Vanguard Short Tax-Ex Bond 0.57% 11,890 $900K New
VTV Vanguard Mrngstr Val ETF-Aui 0.46% 4,092 $727K Reduce -0.2%
IEMG iShares Core MSCI Emerging 0.45% 11,666 $712K Add +0.6%
NVDA Nvidia Corp. 0.40% 3,666 $632K Add +63.3%
SCHY Schwab International DVD ETF 0.38% 21,794 $593K Reduce -27.6%
MTUM iShares MSCI USA Momentum Fa 0.37% 2,450 $586K Reduce -5.7%
UCB United Community Banks 0.37% 18,179 $577K Add +0.8%
VTI VG Morningstar TS MKT ETF-US 0.36% 1,840 $569K Add +1.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.35% 1,210 $543K Add +0.1%
PFEB Innovator U.S. Equity Power 0.34% 13,922 $534K Reduce -4.9%
USMV iShares MSCI USA Min Vol Fac 0.33% 5,590 $520K Reduce -35.1%
VTIP Vanguard Short-Term Tips 0.33% 10,258 $514K Reduce -85.6%
ZALT Innovator US Eq 10 Buffer 0.30% 15,394 $475K Reduce -6.0%
BALT Inn Defined Wealth Shield 0.30% 14,486 $467K Reduce -42.3%
MSFT Microsoft Corp. 0.27% 826 $421K Add +0.1%
PDEC Innovator U.S. Equity Power 0.27% 10,369 $418K Reduce -3.4%
BRK.B Berkshire Hathaway Inc. Class B 0.23% 756 $358K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.22% 6,538 $344K Add +0.8%
DFSU Dimensional US Sus CORE1 ETF 0.21% 8,394 $335K Add +0.3%
TRV The Travelers Cos Inc. 0.19% 1,146 $305K Add +0.3%
BSV Vanguard Short-Term Bond ETF 0.19% 3,757 $294K Reduce -23.1%
SCHZ Schwab US Aggregate Bond ETF 0.18% 12,246 $281K Add +7.3%
AMGN Amgen Inc. 0.17% 898 $265K Reduce -2.2%
JNJ Johnson & Johnson 0.17% 1,584 $259K Reduce -2.3%
WEC WEC Energy Group Inc. 0.16% 2,307 $249K Add +0.3%
SO The Southern Co. 0.15% 2,569 $242K Add +0.4%
CSCO Cisco Systems Inc. 0.15% 3,380 $231K Add +24.7%
IUSG iShares Core S&P U.S. Growth 0.14% 1,428 $219K Add +0.1%
ABBV Abbvie Inc. 0.14% 1,130 $216K Add +0.3%
VTEB Vanguard Tax-Exempt Bond ETF 0.14% 4,404 $214K Reduce -10.7%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.13% 4,381 $201K Add +172.6%
IWF iShares Russell 1000 Growth 0.12% 451 $196K No change
IUSV iShares Core S&P U.S. Value 0.11% 1,727 $165K Add +0.5%
HON Honeywell International Inc. 0.10% 675 $160K Add +74.4%
GS Goldman Sachs Group Inc. 0.10% 216 $153K Add +96.4%
ATO Atmos Energy Corp. 0.10% 957 $150K Add +67.3%
AAPL Apple Inc. 0.09% 704 $149K No change
VNQ Vanguard Real Estate ETF 0.09% 1,618 $146K Add +7.0%
HYDB iShares High Yield Systemati 0.09% 2,978 $141K Add +53.0%
IJH iShares Core S&P Midcap ETF 0.09% 2,158 $137K No change
TXN Texas Instruments Inc. 0.08% 613 $133K Add +0.5%
ICE Intercontinental Exchange Inc. 0.08% 729 $132K Add +0.3%
MMM 3M Co. 0.08% 827 $127K Add +0.5%
RBLD First Trust Alerian US Nextg 0.08% 1,685 $123K Add +9.1%
MUB iShares National Muni Bond E 0.07% 1,095 $113K Reduce -45.5%
BDX Becton Dickinson and Co. 0.07% 623 $112K Add +94.7%
PNOV Innovator U.S. Equity Power 0.06% 2,557 $102K Reduce -17.9%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.06% 1,204 $101K Add +0.7%
EMR Emerson Electric Co. 0.06% 670 $97K Add +0.3%
DFEM Dimensional Emrg MRKT Core 0.05% 2,667 $81K Add +0.8%
PG The Procter & Gamble Co. 0.05% 474 $74K No change
GVI iShares Intermediate Governm 0.05% 691 $73K Add +122.2%
LIF LIFE360 Inc. 0.04% 947 $70K New
GNMA iShares Gnma Bond ETF 0.04% 1,615 $70K Add +2.0%
MDT Medtronic PLC 0.04% 741 $66K No change
PEP Pepsico Inc. 0.04% 453 $65K No change
VYM Vanguard High DVD Yield ETF 0.04% 476 $64K Add +0.2%
SHYM iShares Short Duration High 0.04% 2,705 $59K Add +99.6%
DFSE Dimensional Em Sus CORE1 ETF 0.04% 1,504 $58K Add +0.7%
SUSL iShares ESG MSCI USA Leaders 0.04% 525 $58K No change
VB Vanguard Most SM-Cap ETF-Usd 0.04% 236 $57K Reduce -27.2%
KMB Kimberly-Clark Corp. 0.04% 437 $56K No change
DGRW Wisdomtree U.S. Quality Divi 0.03% 611 $52K Add +19.3%
HD Home Depot Inc. 0.03% 143 $51K Reduce -16.4%
GSRT GSR III Acquisition Corp. 0.03% 4,570 $51K New
GLD SPDR Gold Shares 0.03% 163 $50K No change
XLV SS Health Care Select Sector 0.03% 368 $49K Add +0.3%
TQQQ Proshares Ultrapro QQQ 0.03% 550 $48K New
BTC Grayscale Bitcoin Mini ETF 0.03% 816 $42K Add +7.0%
SNV Synovus Financial Corp. 0.03% 722 $40K No change
VSGX Vanguard ESG Intl Stock ETF 0.03% 600 $39K No change
VEA Vanguard Ftse Developed ETF 0.02% 676 $38K No change
DFIC Dimensional International Co. 0.02% 1,220 $38K Add +1.3%
XOM Exxon Mobil Corp. 0.02% 344 $37K Add +1.2%
NRG NRG Energy Inc. 0.02% 241 $37K Add +0.4%
VCSH Vanguard S/T Corp. Bond ETF 0.02% 409 $32K No change
NSC Norfolk Southern Corp. 0.02% 110 $31K Reduce -5.2%
SLV iShares Silver Trust 0.02% 810 $28K No change
EOG EOG Resources Inc. 0.02% 225 $27K No change
R Ryder System Inc. 0.02% 156 $27K No change
IGIB iShares 5-10Y Inv Grade Corp. 0.02% 494 $26K No change
TSLA Tesla Inc. 0.02% 75 $25K No change
IOT Samsara Inc. Class A 0.01% 600 $24K No change
VCRB Vanguard Core Bond ETF 0.01% 305 $23K Reduce -78.5%
DFSI Dimensional Int Sus COR1 ETF 0.01% 594 $23K Add +1.2%
WMT Walmart Inc. 0.01% 242 $23K No change
STIP iShares 0-5 Year Tips Bond E 0.01% 214 $22K Reduce -93.7%
VCIT Vanguard Int-Term Corporate 0.01% 249 $20K Add +0.8%
SCHA Schwab US Small-Cap ETF 0.01% 780 $20K Add +0.3%
DGRO iShares Core Dividend Growth 0.01% 305 $20K No change
T AT&T Inc. 0.01% 717 $20K No change
DE Deere & Co. 0.01% 35 $18K Reduce -88.5%
PJUL Innovator U.S. Equity Power 0.01% 350 $15K No change
GOOGL Alphabet Inc. Class A 0.01% 79 $15K No change
VT Vanguard Tot World STK ETF 0.01% 107 $14K No change
MRK Merck & Co. Inc. 0.01% 129 $10K Add +0.8%
QQQ Invesco QQQ Trust Series 1 0.01% 15 $8K No change
PFE Pfizer Inc. 0.00% 298 $7K Reduce -92.5%
CPNG Coupang Inc. 0.00% 200 $6K No change
ASA ASA Gold and Precious Metals 0.00% 174 $6K No change
MET Metlife Inc. 0.00% 45 $3K No change
IMCG iShares Morningstar Mid-Cap 0.00% 40 $3K No change
DRI Darden Restaurants Inc. 0.00% 15 $3K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.00% 74 $3K Add +1.4%
FPX First Trust US Equity Opport 0.00% 18 $3K Reduce -28.0%
SPEM State Street SP PTF Em ETF 0.00% 60 $3K Add +1.7%
WBD Warner Bros Discovery Inc. 0.00% 173 $2K No change
LIT Global X Lithium & Battery T 0.00% 50 $2K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 15 $2K No change
AAMI Acadian Asset Management Inc. 0.00% 45 $2K No change
FTXL First Trust Nasdaq Semicondu 0.00% 16 $2K No change
GME Gamestop Corp. Class A 0.00% 60 $1K No change
GE General Electric filed as GE AEROSPACE 0.00% 4 $1K No change
PJAN Innovator U.S. Equity Power 0.00% 19 $842 No change
GM General Motors Co. 0.00% 15 $798 No change
LOGI Logitech International-Reg 0.00% 5 $479 No change
NKE Nike Inc. Class B 0.00% 4 $308 No change
VTRS Viatris Inc. 0.00% 31 $273 No change
LCID Lucid Group Inc. 0.00% 80 $243 No change
XOVR Ershares Private-Public Cros 0.00% 11 $215 No change
OGN Organon & Co. 0.00% 11 $107 No change

Portfolio Sells Q1 2025 → Q2 2025
VTIP Vanguard Short-Term Tips Reduce -85.6% 0.33% −2.18
SGOV iShares 0-3 Month Treasury B Reduce -4.2% 11.61% −1.77
SSBK Southern States Bancshares Sold out 0.00% −1.47
JAJL Innovator Edp ETF - 6M Ja Reduce -28.4% 1.70% −0.82
SHV iShares 0-1 Year Treasury Bo Reduce -1.9% 2.75% −0.35
BALT Inn Defined Wealth Shield Reduce -42.3% 0.30% −0.26
STIP iShares 0-5 Year Tips Bond E Reduce -93.7% 0.01% −0.23
USMV iShares MSCI USA Min Vol Fac Reduce -35.1% 0.33% −0.23
SCHY Schwab International DVD ETF Reduce -27.6% 0.38% −0.19
DE Deere & Co. Reduce -88.5% 0.01% −0.09
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -12.3% 0.70% −0.09
BSV Vanguard Short-Term Bond ETF Reduce -23.1% 0.19% −0.08
MUB iShares National Muni Bond E Reduce -45.5% 0.07% −0.08
IXUS iShares Core Intl Stock ETF Reduce -0.7% 1.32% −0.07
ITOT iShares Core S&P Total U.S. Reduce -5.6% 1.70% −0.07
VCRB Vanguard Core Bond ETF Reduce -78.5% 0.01% −0.06
PFE Pfizer Inc. Reduce -92.5% 0.00% −0.06
IJR iShares Core S&P Small-Cap E Reduce -7.0% 0.61% −0.05
ZALT Innovator US Eq 10 Buffer Reduce -6.0% 0.30% −0.04
VTEB Vanguard Tax-Exempt Bond ETF Reduce -10.7% 0.14% −0.03
PFEB Innovator U.S. Equity Power Reduce -4.9% 0.34% −0.03
PREMIER INC-CLASS A Sold out 0.00% −0.03
BA The Boeing Co. Sold out 0.00% −0.02
MTUM iShares MSCI USA Momentum Fa Reduce -5.7% 0.37% −0.02
PDEC Innovator U.S. Equity Power Reduce -3.4% 0.27% −0.02
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.2% 0.46% −0.02
PNOV Innovator U.S. Equity Power Reduce -17.9% 0.06% −0.02
POCT Innovator U.S. Equity Power Sold out 0.00% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -27.2% 0.04% −0.01
JPM JPMorgan Chase & Co. Sold out 0.00% −0.01
JNJ Johnson & Johnson Reduce -2.3% 0.17% −0.01
HD Home Depot Inc. Reduce -16.4% 0.03% −0.01
TCHP T Rowe Price Blue Chip Growt Sold out 0.00% −0.01
LMT Lockheed Martin Corp. Sold out 0.00% −0.01
AMGN Amgen Inc. Reduce -2.2% 0.17% −0.01
PRU Prudential Financial Inc. Sold out 0.00% −0.00
CCEP Coca-Cola Europacific Partne Sold out 0.00% −0.00
DCI Donaldson Co. Inc. Sold out 0.00% −0.00
FPX First Trust US Equity Opport Reduce -28.0% 0.00% −0.00
AOA iShares Core 80/20 Aggressiv Sold out 0.00% −0.00
ET Energy Transfer LP Sold out 0.00% −0.00
GEV GE Vernova Inc. Sold out 0.00% −0.00
NSC Norfolk Southern Corp. Reduce -5.2% 0.02% +0.00
DFAU Dimensional US Core Equity M Reduce -0.5% 17.46% +0.21

Portfolio Buys Q1 2025 → Q2 2025
FBK FB Financial Corp. New 1.58% +1.58
VPLS Vanguard Core-Plus Bond ETF Add +46.6% 6.11% +1.52
INMU iShares Intermediate Muni Inc. Add +75.4% 3.65% +1.34
NEAR iShares SH Dba ETF Usd Inc. Add +74.3% 1.82% +0.67
VSDM Vanguard Short Tax-Ex Bond New 0.57% +0.57
DFSD Dimensional Short Duration Add +32.8% 3.28% +0.57
BRTR iShares Total Return Act ETF Add +42.6% 2.17% +0.50
MEAR Ishrs Short Mat Muni Act ETF Add +36.3% 2.28% +0.44
VIG Vanguard Dividend Apprec ETF Add +8.8% 5.30% +0.32
EMLP First Trust North American E Add +21.5% 1.86% +0.24
NVDA Nvidia Corp. Add +63.3% 0.40% +0.22
DFAX Dimensional World Ex US Core Add +9.1% 2.58% +0.14
DFAC Dimensional US Core Equity 2 Add +2.2% 2.79% +0.09
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +172.6% 0.13% +0.08
GS Goldman Sachs Group Inc. Add +96.4% 0.10% +0.05
LIF LIFE360 Inc. New 0.04% +0.04
HON Honeywell International Inc. Add +74.4% 0.10% +0.04
USRT iShares Core US REIT ETF Add +13.1% 1.37% +0.04
DFAW Dimensional World Eqty ETF Add +7.4% 0.62% +0.04
CSCO Cisco Systems Inc. Add +24.7% 0.15% +0.03
BDX Becton Dickinson and Co. Add +94.7% 0.07% +0.03
GSRT GSR III Acquisition Corp. New 0.03% +0.03
TQQQ Proshares Ultrapro QQQ New 0.03% +0.03
ATO Atmos Energy Corp. Add +67.3% 0.10% +0.03
HYDB iShares High Yield Systemati Add +53.0% 0.09% +0.03
GVI iShares Intermediate Governm Add +122.2% 0.05% +0.02
TFC Truist Financial Corp. Add +1.3% 0.60% +0.02
VUG Vanguard Mrngstar GR ETF-Sui Add +0.1% 0.35% +0.02
SHYM iShares Short Duration High Add +99.6% 0.04% +0.02
MSFT Microsoft Corp. Add +0.1% 0.27% +0.02
TXN Texas Instruments Inc. Add +0.5% 0.08% +0.01
UCB United Community Banks Add +0.8% 0.37% +0.01
ISTB iShares Core 1-5 Year Usd Bo Add +11.2% 1.38% +0.01
EMR Emerson Electric Co. Add +0.3% 0.06% +0.01
VTI VG Morningstar TS MKT ETF-US Add +1.3% 0.36% +0.01
IUSG iShares Core S&P U.S. Growth Add +0.1% 0.14% +0.01
RBLD First Trust Alerian US Nextg Add +9.1% 0.08% +0.01
DGRW Wisdomtree U.S. Quality Divi Add +19.3% 0.03% +0.01
BTC Grayscale Bitcoin Mini ETF Add +7.0% 0.03% +0.00
NRG NRG Energy Inc. Add +0.4% 0.02% +0.00
DFSU Dimensional US Sus CORE1 ETF Add +0.3% 0.21% +0.00
VLUE iShares MSCI USA Value Facto Add +0.7% 0.83% +0.00
MMM 3M Co. Add +0.5% 0.08% +0.00
DFSE Dimensional Em Sus CORE1 ETF Add +0.7% 0.04% +0.00
DFEM Dimensional Emrg MRKT Core Add +0.8% 0.05% +0.00
SCHA Schwab US Small-Cap ETF Add +0.3% 0.01% +0.00
SPEM State Street SP PTF Em ETF Add +1.7% 0.00% 0.00
SPDW Ste STR SPDR PT DW Eu ETF Add +1.4% 0.00% −0.00
MRK Merck & Co. Inc. Add +0.8% 0.01% −0.00
DFSI Dimensional Int Sus COR1 ETF Add +1.2% 0.01% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 121$190.5MDFAU, VPLS, SCHD, VIG, VSDM
Q1 2026 133$192.4MDFAU, VPLS, SGOV, SCHD, VIG
Q4 2025 134$191.0MDFAU, SGOV, VPLS, SCHD, VIG
Q3 2025 130$177.4MDFAU, SGOV, VPLS, SCHD, VIG
Q2 2025 148$157.0MDFAU, SGOV, SCHD, VPLS, VIGI
Q1 2025 156$142.0MDFAU, SGOV, VIGI, SCHD, VIG
Q4 2024 160$123.5MDFAU, SGOV, SCHD, VIGI, VIG