Keystone Financial Services
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed June 13, 2024), Keystone Financial Services reported 86 stock positions worth $229.2 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 26.7% of the portfolio, followed by Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 11.1%) and iShares MSCI USA Quality Fac (QUAL, 6.1%). Compared with Q4 2023, it opened 9 new positions, sold out of 5, added to 35 and reduced 38. The biggest buy was a new position in Ishrs US E F R A ETF-Usd (DYNF) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- LOVELAND, CO
- CIK
- 0001865158
- Portfolio Value
- $229.2M (Q1 2024)
- SEC Filing
- 0001865158-24-000002 ↗ filed Jun 13, 2024
Holdings Value
Holdings 86 stocks · $229.2M
| IVV iShares Core S&P 500 ETF | 26.68% | 116,326 | $61.2M | Reduce -15.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 11.05% | 555,847 | $25.3M | Add +44.3% |
| QUAL iShares MSCI USA Quality Fac | 6.12% | 85,360 | $14.0M | Reduce -16.4% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 5.79% | 299,180 | $13.3M | New |
| EFV iShares MSCI Eafe Value ETF | 4.51% | 190,096 | $10.3M | Reduce -24.2% |
| IVE iShares S&P 500 Value ETF | 4.17% | 51,177 | $9.6M | New |
| EFG iShares MSCI Eafe Growth ETF | 4.00% | 88,417 | $9.2M | Add +8.6% |
| IVW iShares S&P 500 Growth ETF | 3.99% | 108,358 | $9.1M | Add +95.8% |
| IYW iShares Ustechnology ETF | 3.09% | 52,379 | $7.1M | Add +6.9% |
| MBB iShares MBS ETF | 2.64% | 65,488 | $6.1M | Add +7.7% |
| EMXC iShares MSCI Emr MRK Ex Chna | 2.00% | 79,453 | $4.6M | Add +85.3% |
| TLT iShares 20+ Year Treasury BD | 1.59% | 38,484 | $3.6M | Reduce -19.4% |
| HEFA Isha Curr Hedged MSCI Eafe | 1.48% | 96,967 | $3.4M | Reduce -32.2% |
| IEMG iShares Core MSCI Emerging | 1.28% | 56,759 | $2.9M | Reduce -46.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.21% | 6,592 | $2.8M | Reduce -16.5% |
| IXC iShares Global Energy ETF | 0.86% | 45,692 | $2.0M | Add +13.1% |
| IFRA iShares US Infrastructure | 0.81% | 42,988 | $1.9M | Reduce -4.6% |
| META Meta Platforms Inc. Class A | 0.81% | 3,808 | $1.8M | Reduce -15.4% |
| JPM JPMorgan Chase & Co. | 0.67% | 7,664 | $1.5M | Reduce -0.5% |
| TIP iShares Tips Bond ETF | 0.64% | 13,695 | $1.5M | Add +1.7% |
| GOOG Alphabet Inc. Class C | 0.64% | 9,588 | $1.5M | Reduce -23.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.61% | 26,692 | $1.4M | New |
| TFLO iShares Treasury Floating Ra | 0.60% | 27,333 | $1.4M | Reduce -75.1% |
| BKNG Booking Holdings Inc. | 0.55% | 350 | $1.3M | Add +1.7% |
| ORCL Oracle Corp. | 0.55% | 10,034 | $1.3M | Reduce -0.1% |
| LCTU iShares U.S. Carbon Transiti | 0.51% | 20,309 | $1.2M | Reduce -1.7% |
| SCHW Schwab (charles) Corp. | 0.49% | 15,615 | $1.1M | Add +38.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.48% | 4,264 | $1.1M | Add +9.6% |
| WFC Wells Fargo & Co. | 0.43% | 17,119 | $992K | Add +6.3% |
| CMCSA Comcast Corp. Class A | 0.41% | 21,832 | $946K | Add +6.8% |
| MSFT Microsoft Corp. | 0.39% | 2,120 | $892K | Reduce -3.6% |
| EMB iShares JP Morgan Usd Emergi | 0.38% | 9,646 | $865K | Add +30.4% |
| KMX Carmax Inc. | 0.38% | 9,924 | $864K | Add +6.8% |
| ESGU iShares ESG Aware MSCI USA | 0.35% | 6,955 | $799K | Reduce -89.5% |
| PM Philip Morris International | 0.35% | 8,718 | $799K | Add +1.9% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.35% | 7,872 | $794K | Reduce -2.8% |
| EBAY eBay Inc. | 0.33% | 14,297 | $755K | Reduce -0.1% |
| USXF iShares ESG Advance MSCI USA | 0.32% | 16,080 | $726K | Add +1.1% |
| V Visa Inc. Class A | 0.30% | 2,501 | $698K | Reduce -0.4% |
| AAPL Apple Inc. | 0.29% | 3,860 | $662K | No change |
| BDX Becton Dickinson and Co. | 0.29% | 2,646 | $655K | Reduce -0.4% |
| MCK McKesson Corp. | 0.27% | 1,156 | $621K | Reduce -3.0% |
| ADI Analog Devices Inc. | 0.27% | 3,099 | $613K | Reduce -1.2% |
| NVS Novartis AG-Sponsored ADR | 0.26% | 6,100 | $590K | Reduce -0.1% |
| ELV Elevance Health Inc. | 0.25% | 1,124 | $583K | Reduce -0.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.25% | 10,065 | $580K | Reduce -0.1% |
| SNY Sanofi-ADR | 0.25% | 11,878 | $577K | Add +0.4% |
| SUSC iShares ESG Aware Usd Corpor | 0.25% | 24,828 | $571K | Add +25.0% |
| XOM Exxon Mobil Corp. | 0.24% | 4,806 | $559K | Add +95.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.24% | 2,428 | $555K | Add +0.4% |
| GD General Dynamics Corp. | 0.24% | 1,955 | $552K | Add +0.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.23% | 4,793 | $522K | Reduce -84.6% |
| INTC Intel Corp. | 0.23% | 11,781 | $520K | Add +1.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.22% | 1,151 | $511K | Add +7.0% |
| UL Unilever PLC | 0.22% | 9,839 | $494K | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.21% | 940 | $491K | No change |
| GOVT iShares US Treasury Bond ETF | 0.21% | 21,468 | $489K | Reduce -4.0% |
| MDT Medtronic PLC | 0.19% | 5,112 | $446K | New |
| XLK SS Technology Select Sector | 0.18% | 1,995 | $415K | No change |
| COP Conocophillips | 0.18% | 3,253 | $414K | Add +0.1% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.17% | 5,845 | $398K | Add +3.8% |
| INGR Ingredion Inc. | 0.17% | 3,241 | $379K | Add +0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.16% | 9,442 | $358K | Add +0.0% |
| OMC Omnicom Group | 0.15% | 3,555 | $344K | Add +2.1% |
| QCOM Qualcomm Inc. | 0.15% | 2,026 | $343K | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.14% | 2,197 | $332K | Reduce -3.8% |
| BR Broadridge Financial Solutio | 0.14% | 1,554 | $318K | Reduce -4.1% |
| CI The Cigna Group | 0.14% | 873 | $317K | Reduce -0.8% |
| CVX Chevron Corp. | 0.14% | 1,994 | $314K | Reduce -0.7% |
| RTX RTX Corp. | 0.14% | 3,222 | $314K | Add +21.8% |
| LMT Lockheed Martin Corp. | 0.14% | 686 | $312K | Add +0.1% |
| FISV Fiserv Inc. | 0.13% | 1,899 | $303K | Reduce -2.2% |
| ALLE Allegion PLC | 0.13% | 2,238 | $301K | Add +30.4% |
| ESGE iShares Inc. iShares ESG Awar | 0.13% | 9,130 | $294K | Reduce -1.5% |
| CVS CVS Health Corp. | 0.13% | 3,643 | $291K | Reduce -1.9% |
| CRL Charles River Laboratories | 0.13% | 1,070 | $290K | Add +24.0% |
| FANG Diamondback Energy Inc. | 0.12% | 1,357 | $269K | Add +0.7% |
| ZBRA Zebra Technologies Corp. Class A | 0.12% | 891 | $269K | New |
| WH Wyndham Hotels & Resorts Inc. | 0.10% | 3,089 | $237K | Reduce -1.3% |
| ICVT iShares Convertible Bond ETF | 0.10% | 2,913 | $233K | New |
| XLV SS Health Care Select Sector | 0.10% | 1,481 | $219K | No change |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.09% | 1,779 | $217K | New |
| ESAB Esab Corp. | 0.09% | 1,955 | $216K | Reduce -19.6% |
| NTRS Northern Trust Corp. | 0.09% | 2,370 | $211K | New |
| PK Park Hotels & Resorts Inc. | 0.08% | 10,821 | $189K | New |
| HBI Hanesbrands Inc. | 0.04% | 16,820 | $98K | Add +0.8% |
Portfolio Sells Q4 2023 → Q1 2024
| IVV iShares Core S&P 500 ETF | Reduce -15.2% | 26.68% | −4.28 |
| ESGU iShares ESG Aware MSCI USA | Reduce -89.5% | 0.35% | −2.94 |
| TFLO iShares Treasury Floating Ra | Reduce -75.1% | 0.60% | −2.01 |
| EFV iShares MSCI Eafe Value ETF | Reduce -24.2% | 4.51% | −1.66 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -84.6% | 0.23% | −1.40 |
| IEMG iShares Core MSCI Emerging | Reduce -46.1% | 1.28% | −1.24 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -32.2% | 1.48% | −1.04 |
| QUAL iShares MSCI USA Quality Fac | Reduce -16.4% | 6.12% | −0.98 |
| USMV iShares MSCI USA Min Vol Fac | Sold out | 0.00% | −0.85 |
| TLT iShares 20+ Year Treasury BD | Reduce -19.4% | 1.59% | −0.64 |
| GOOG Alphabet Inc. Class C | Reduce -23.0% | 0.64% | −0.19 |
| EAGG iShares ESG Aware US Aggrega | Sold out | 0.00% | −0.14 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -16.5% | 1.21% | −0.12 |
| FIXD First Trust Smith Opportunis | Sold out | 0.00% | −0.11 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.10 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.10 |
| IFRA iShares US Infrastructure | Reduce -4.6% | 0.81% | −0.04 |
| NVS Novartis AG-Sponsored ADR | Reduce -0.1% | 0.26% | −0.03 |
| GOVT iShares US Treasury Bond ETF | Reduce -4.0% | 0.21% | −0.03 |
| ADI Analog Devices Inc. | Reduce -1.2% | 0.27% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -0.4% | 0.29% | −0.02 |
| BR Broadridge Financial Solutio | Reduce -4.1% | 0.14% | −0.02 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -1.3% | 0.10% | −0.02 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -1.5% | 0.13% | −0.01 |
| CVS CVS Health Corp. | Reduce -1.9% | 0.13% | −0.01 |
| UL Unilever PLC | Reduce -0.3% | 0.22% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -3.8% | 0.14% | −0.01 |
| ESAB Esab Corp. | Reduce -19.6% | 0.09% | −0.01 |
| V Visa Inc. Class A | Reduce -0.4% | 0.30% | −0.00 |
| CVX Chevron Corp. | Reduce -0.7% | 0.14% | −0.00 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -2.8% | 0.35% | −0.00 |
| LCTU iShares U.S. Carbon Transiti | Reduce -1.7% | 0.51% | −0.00 |
| MSFT Microsoft Corp. | Reduce -3.6% | 0.39% | −0.00 |
| ELV Elevance Health Inc. | Reduce -0.9% | 0.25% | +0.00 |
| BNY Bank of New York Mellon Corp. | Reduce -0.1% | 0.25% | +0.01 |
| MCK McKesson Corp. | Reduce -3.0% | 0.27% | +0.01 |
| FISV Fiserv Inc. | Reduce -2.2% | 0.13% | +0.01 |
| QCOM Qualcomm Inc. | Reduce -0.1% | 0.15% | +0.01 |
| CI The Cigna Group | Reduce -0.8% | 0.14% | +0.01 |
| EBAY eBay Inc. | Reduce -0.1% | 0.33% | +0.03 |
| ORCL Oracle Corp. | Reduce -0.1% | 0.55% | +0.05 |
| JPM JPMorgan Chase & Co. | Reduce -0.5% | 0.67% | +0.05 |
| META Meta Platforms Inc. Class A | Reduce -15.4% | 0.81% | +0.05 |
Portfolio Buys Q4 2023 → Q1 2024
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 5.79% | +5.79 |
| IVE iShares S&P 500 Value ETF | New | 4.17% | +4.17 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +44.3% | 11.05% | +2.67 |
| IVW iShares S&P 500 Growth ETF | Add +95.8% | 3.99% | +2.03 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +85.3% | 2.00% | +0.87 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 0.61% | +0.61 |
| EFG iShares MSCI Eafe Growth ETF | Add +8.6% | 4.00% | +0.28 |
| IYW iShares Ustechnology ETF | Add +6.9% | 3.09% | +0.24 |
| MDT Medtronic PLC | New | 0.19% | +0.19 |
| XOM Exxon Mobil Corp. | Add +95.0% | 0.24% | +0.13 |
| SCHW Schwab (charles) Corp. | Add +38.4% | 0.49% | +0.13 |
| ZBRA Zebra Technologies Corp. Class A | New | 0.12% | +0.12 |
| IXC iShares Global Energy ETF | Add +13.1% | 0.86% | +0.11 |
| ICVT iShares Convertible Bond ETF | New | 0.10% | +0.10 |
| TROW T Rowe Price Group Inc. | New | 0.09% | +0.09 |
| NTRS Northern Trust Corp. | New | 0.09% | +0.09 |
| PK Park Hotels & Resorts Inc. | New | 0.08% | +0.08 |
| EMB iShares JP Morgan Usd Emergi | Add +30.4% | 0.38% | +0.07 |
| WFC Wells Fargo & Co. | Add +6.3% | 0.43% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +9.6% | 0.48% | +0.05 |
| KMX Carmax Inc. | Add +6.8% | 0.38% | +0.04 |
| RTX RTX Corp. | Add +21.8% | 0.14% | +0.03 |
| SUSC iShares ESG Aware Usd Corpor | Add +25.0% | 0.25% | +0.03 |
| CRL Charles River Laboratories | Add +24.0% | 0.13% | +0.03 |
| ALLE Allegion PLC | Add +30.4% | 0.13% | +0.03 |
| FANG Diamondback Energy Inc. | Add +0.7% | 0.12% | +0.02 |
| USXF iShares ESG Advance MSCI USA | Add +1.1% | 0.32% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.0% | 0.22% | +0.01 |
| OMC Omnicom Group | Add +2.1% | 0.15% | +0.01 |
| HBI Hanesbrands Inc. | Add +0.8% | 0.04% | +0.01 |
| BAC Bank of America Corp. | Add +0.0% | 0.16% | +0.01 |
| DMXF iShares ESG Advanc MSCI Eafe | Add +3.8% | 0.17% | +0.00 |
| COP Conocophillips | Add +0.1% | 0.18% | +0.00 |
| GD General Dynamics Corp. | Add +0.4% | 0.24% | +0.00 |
| INGR Ingredion Inc. | Add +0.2% | 0.17% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.4% | 0.24% | −0.00 |
| CMCSA Comcast Corp. Class A | Add +6.8% | 0.41% | −0.01 |
| LMT Lockheed Martin Corp. | Add +0.1% | 0.14% | −0.01 |
| BKNG Booking Holdings Inc. | Add +1.7% | 0.55% | −0.02 |
| SNY Sanofi-ADR | Add +0.4% | 0.25% | −0.03 |
| PM Philip Morris International | Add +1.9% | 0.35% | −0.03 |
| TIP iShares Tips Bond ETF | Add +1.7% | 0.64% | −0.04 |
| INTC Intel Corp. | Add +1.0% | 0.23% | −0.05 |
| MBB iShares MBS ETF | Add +7.7% | 2.64% | −0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 131 | $388.4M | IVV, IUSB, IVW, DYNF, IVE |
| Q1 2026 | 119 | $340.7M | IVV, IVE, IVW, IUSB, DYNF |
| Q4 2025 | 121 | $331.3M | IVV, DYNF, IUSB, IVW, IVE |
| Q3 2025 | 128 | $322.7M | IUSB, QUAL, IVV, EFV, IVW |
| Q2 2025 | 116 | $294.0M | IUSB, IVV, QUAL, EFV, IVW |
| Q1 2025 | 100 | $262.4M | IVV, IUSB, QUAL, IVW, DYNF |
| Q4 2024 | 102 | $261.2M | IVV, IUSB, IVW, QUAL, DYNF |
| Q3 2024 | 97 | $257.9M | IVV, IUSB, IVW, QUAL, DYNF |
| Q2 2024 | 87 | $241.3M | IVV, IUSB, IVW, QUAL, DYNF |
| Q1 2024 | 86 | $229.2M | IVV, IUSB, QUAL, DYNF, EFV |