Keystone Financial Services

Name: Keystone Financial Services 13F holdings, Q4 2024
Creator: Keystone Financial Services
Published: 2025-01-31

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 31, 2025), Keystone Financial Services reported 102 stock positions worth $261.2 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 18.9% of the portfolio, followed by Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 11.6%) and iShares S&P 500 Growth ETF (IVW, 8.0%). Compared with Q3 2024, it opened 11 new positions, sold out of 6, added to 61 and reduced 21. The biggest buy was iShares S&P 500 Growth ETF (IVW, shares +1%) and the biggest sale an exit from Chevron (CVX).

Most Recent 13F: Q2 2026
Location: LOVELAND, CO
CIK: 0001865158
Portfolio Value: $261.2M (Q4 2024)
SEC Filing: 0001865158-25-000001 ↗ filed Jan 31, 2025

Holdings Value

Holdings 102 stocks · $261.2M


IVV iShares Core S&P 500 ETF	18.88%	83,764	$49.3M	Add +1.0%
IUSB Ishr CR Unvrse Usd BD ETF-Ui	11.60%	670,145	$30.3M	Add +0.9%
IVW iShares S&P 500 Growth ETF	8.03%	206,680	$21.0M	Add +1.3%
QUAL iShares MSCI USA Quality Fac	6.92%	101,512	$18.1M	Add +1.5%
DYNF Ishrs US E F R A ETF-Usd Inc.	6.78%	345,662	$17.7M	Add +1.2%
EFV iShares MSCI Eafe Value ETF	5.43%	270,503	$14.2M	Add +2.4%
EFG iShares MSCI Eafe Growth ETF	4.95%	133,650	$12.9M	Add +2.7%
IVE iShares S&P 500 Value ETF	3.91%	53,466	$10.2M	Add +1.4%
IYW iShares Ustechnology ETF	2.80%	45,790	$7.3M	Add +1.1%
EMXC iShares MSCI Emr MRK Ex Chna	2.74%	129,100	$7.2M	Add +2.3%
MBB iShares MBS ETF	2.46%	69,980	$6.4M	Add +1.5%
BRK.B Berkshire Hathaway Inc. Class B	1.29%	7,436	$3.4M	Add +2.3%
IEMG iShares Core MSCI Emerging	1.27%	63,492	$3.3M	Add +1.3%
TLT iShares 20+ Year Treasury BD	1.26%	37,659	$3.3M	Add +0.5%
BINC iShares Flex I A ETF-Usd Inc.	1.10%	55,154	$2.9M	Add +0.7%
META Meta Platforms Inc. Class A	0.85%	3,771	$2.2M	Reduce -0.8%
IFRA iShares US Infrastructure	0.79%	44,778	$2.1M	Add +1.1%
JPM JPMorgan Chase & Co.	0.78%	8,512	$2.0M	Add +1.4%
GOOG Alphabet Inc. Class C	0.77%	10,564	$2.0M	Add +0.9%
ORCL Oracle Corp.	0.76%	11,922	$2.0M	Add +1.3%
BKNG Booking Holdings Inc.	0.69%	365	$1.8M	Reduce -7.6%
SCHW Schwab (charles) Corp.	0.53%	18,685	$1.4M	Add +1.7%
WFC Wells Fargo & Co.	0.50%	18,518	$1.3M	Reduce -4.2%
PM Philip Morris International	0.50%	10,783	$1.3M	Add +3.5%
LCTU iShares U.S. Carbon Transiti	0.47%	19,008	$1.2M	Add +0.0%
MSFT Microsoft Corp.	0.45%	2,763	$1.2M	Add +1.8%
KMX Carmax Inc.	0.38%	12,097	$989K	Add +1.7%
DFAC Dimensional US Core Equity 2	0.38%	28,553	$988K	New
V Visa Inc. Class A	0.38%	3,102	$981K	Add +0.3%
AAPL Apple Inc.	0.37%	3,900	$977K	No change
CMCSA Comcast Corp. Class A	0.37%	25,793	$968K	Add +2.6%
EBAY eBay Inc.	0.37%	15,488	$959K	Add +1.6%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.34%	11,448	$880K	Add +2.6%
USXF iShares ESG Advance MSCI USA	0.32%	17,017	$846K	Add +0.0%
VTI VG Morningstar TS MKT ETF-US	0.31%	2,817	$817K	Reduce -1.7%
BDX Becton Dickinson and Co.	0.31%	3,576	$811K	Add +19.3%
DSI iShares ESG MSCI KLD 400 ETF	0.31%	7,236	$798K	Add +0.0%
EMB iShares JP Morgan Usd Emergi	0.31%	8,956	$797K	Add +0.5%
ADI Analog Devices Inc.	0.30%	3,730	$792K	Add +2.7%
MCK McKesson Corp.	0.30%	1,387	$791K	Add +2.7%
NVS Novartis AG-Sponsored ADR	0.27%	7,374	$718K	Add +3.3%
UL Unilever PLC	0.26%	12,174	$690K	Add +5.7%
SNY Sanofi-ADR	0.26%	13,883	$670K	Add +2.0%
QQQ Invesco QQQ Trust Series 1	0.25%	1,276	$652K	No change
XOM Exxon Mobil Corp.	0.25%	5,980	$643K	Add +3.0%
GD General Dynamics Corp.	0.24%	2,383	$628K	Add +3.4%
SUSC iShares ESG Aware Usd Corpor	0.24%	27,166	$617K	No change
ESGU iShares ESG Aware MSCI USA	0.23%	4,738	$610K	No change
SPY SS SPDR S&P 500 ETF Trust-US	0.23%	1,040	$610K	Add +0.2%
VB Vanguard Most SM-Cap ETF-Usd	0.22%	2,344	$563K	No change
MDT Medtronic PLC	0.20%	6,630	$530K	Add +8.1%
ELV Elevance Health Inc.	0.20%	1,436	$530K	Add +2.4%
DMXF iShares ESG Advanc MSCI Eafe	0.20%	8,184	$529K	Add +0.1%
COP Conocophillips	0.19%	5,130	$509K	Add +9.0%
VOO Vanguard S&P 500 ETF	0.19%	934	$503K	New
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.19%	11,328	$498K	Add +3.2%
DFAX Dimensional World Ex US Core	0.18%	19,041	$473K	New
XLK SS Technology Select Sector	0.18%	2,035	$473K	No change
GOOGL Alphabet Inc. Class A	0.18%	2,490	$471K	Reduce -1.4%
ZBRA Zebra Technologies Corp. Class A	0.17%	1,164	$450K	Reduce -0.8%
AVGO Broadcom Inc.	0.17%	1,865	$432K	Add +21.1%
IGEB iShares Investment Grade SYS	0.17%	9,724	$431K	Reduce -18.1%
RTX RTX Corp.	0.16%	3,636	$421K	Add +1.0%
FISV Fiserv Inc.	0.15%	1,917	$394K	Reduce -5.2%
AHR American Healthcare REIT Inc.	0.15%	13,794	$392K	Reduce -27.0%
OMC Omnicom Group	0.14%	4,131	$355K	Add +2.1%
AMZN Amazon.com Inc.	0.13%	1,579	$346K	Reduce -1.1%
GOVT iShares US Treasury Bond ETF	0.13%	14,662	$337K	Reduce -1.2%
QCOM Qualcomm Inc.	0.13%	2,152	$331K	Reduce -0.1%
INGR Ingredion Inc.	0.13%	2,391	$329K	Reduce -5.9%
ENB Enbridge Inc.	0.12%	7,598	$322K	Reduce -0.8%
WMG Warner Music Group Corp. Class A	0.12%	10,336	$320K	Add +4.4%
MTUM iShares MSCI USA Momentum Fa	0.12%	1,517	$314K	New
YUMC Yum China Holdings Inc.	0.11%	6,193	$298K	No change
ESGE iShares Inc. iShares ESG Awar	0.11%	8,721	$291K	Add +0.2%
ALLE Allegion PLC	0.11%	2,148	$281K	Reduce -0.8%
WH Wyndham Hotels & Resorts Inc.	0.11%	2,778	$280K	Reduce -5.2%
TSM Taiwan Semiconductor-SP ADR	0.11%	1,393	$275K	Reduce -0.7%
ICVT iShares Convertible Bond ETF	0.10%	3,226	$274K	Add +5.6%
BR Broadridge Financial Solutio	0.10%	1,187	$268K	Reduce -3.2%
DDOG Datadog Inc. Class A	0.10%	1,812	$259K	Add +2.9%
ANET Arista Networks Inc.	0.10%	2,335	$258K	Add +2.8%
NTRS Northern Trust Corp.	0.10%	2,481	$254K	Add +2.9%
DFCF Dimensional Core Fixed Inc.	0.09%	5,914	$244K	New
PODD Insulet Corp.	0.09%	927	$242K	Add +2.8%
CBSH Commerce Bancshares Inc.	0.09%	3,882	$242K	Add +7.1%
RTO Rentokil Initial PLC-SP ADR	0.09%	9,335	$236K	New
INTC Intel Corp.	0.09%	11,781	$236K	Reduce -3.3%
BIO Bio-Rad Laboratories-A	0.09%	719	$236K	New
VRSN Verisign Inc.	0.09%	1,137	$235K	Add +7.6%
CI The Cigna Group	0.09%	817	$226K	No change
WMB Williams Cos Inc.	0.09%	4,110	$222K	New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.08%	1,929	$218K	Add +2.3%
XLV SS Health Care Select Sector	0.08%	1,567	$216K	No change
FLS Flowserve Corp.	0.08%	3,699	$213K	New
MA Mastercard Inc. Class A	0.08%	398	$210K	New
SNV Synovus Financial Corp.	0.08%	4,090	$210K	New
CEG Constellation Energy	0.08%	916	$205K	Add +2.0%
SOFI Sofi Technologies Inc.	0.08%	13,165	$203K	Add +4.3%
PK Park Hotels & Resorts Inc.	0.06%	10,998	$155K	Add +2.9%

Show all 102 holdings

Portfolio Sells Q3 2024 → Q4 2024


CVX Chevron Corp.	Sold out	0.00%	−0.10
LMT Lockheed Martin Corp.	Sold out	0.00%	−0.09
IQV Iqvia Holdings Inc.	Sold out	0.00%	−0.09
NFG National Fuel Gas Co.	Sold out	0.00%	−0.09
CRL Charles River Laboratories	Sold out	0.00%	−0.08
NTAP Netapp Inc.	Sold out	0.00%	−0.08
IGEB iShares Investment Grade SYS	Reduce -18.1%	0.17%	−0.05
AHR American Healthcare REIT Inc.	Reduce -27.0%	0.15%	−0.04
INTC Intel Corp.	Reduce -3.3%	0.09%	−0.02
QCOM Qualcomm Inc.	Reduce -0.1%	0.13%	−0.02
ALLE Allegion PLC	Reduce -0.8%	0.11%	−0.01
INGR Ingredion Inc.	Reduce -5.9%	0.13%	−0.01
GOVT iShares US Treasury Bond ETF	Reduce -1.2%	0.13%	−0.01
VTI VG Morningstar TS MKT ETF-US	Reduce -1.7%	0.31%	−0.00
BR Broadridge Financial Solutio	Reduce -3.2%	0.10%	+0.00
HBI Hanesbrands Inc.	Reduce -6.5%	0.05%	+0.00
META Meta Platforms Inc. Class A	Reduce -0.8%	0.85%	+0.00
ENB Enbridge Inc.	Reduce -0.8%	0.12%	+0.00
ZBRA Zebra Technologies Corp. Class A	Reduce -0.8%	0.17%	+0.00
FISV Fiserv Inc.	Reduce -5.2%	0.15%	+0.01
TSM Taiwan Semiconductor-SP ADR	Reduce -0.7%	0.11%	+0.01
WBD Warner Bros Discovery Inc.	Reduce -0.2%	0.06%	+0.01
AMZN Amazon.com Inc.	Reduce -1.1%	0.13%	+0.02
GOOGL Alphabet Inc. Class A	Reduce -1.4%	0.18%	+0.02
WH Wyndham Hotels & Resorts Inc.	Reduce -5.2%	0.11%	+0.02
BKNG Booking Holdings Inc.	Reduce -7.6%	0.69%	+0.05
WFC Wells Fargo & Co.	Reduce -4.2%	0.50%	+0.07

Portfolio Buys Q3 2024 → Q4 2024


IVW iShares S&P 500 Growth ETF	Add +1.3%	8.03%	+0.45
DFAC Dimensional US Core Equity 2	New	0.38%	+0.38
IVV iShares Core S&P 500 ETF	Add +1.0%	18.88%	+0.33
DYNF Ishrs US E F R A ETF-Usd Inc.	Add +1.2%	6.78%	+0.23
VOO Vanguard S&P 500 ETF	New	0.19%	+0.19
DFAX Dimensional World Ex US Core	New	0.18%	+0.18
IYW iShares Ustechnology ETF	Add +1.1%	2.80%	+0.13
MTUM iShares MSCI USA Momentum Fa	New	0.12%	+0.12
JPM JPMorgan Chase & Co.	Add +1.4%	0.78%	+0.10
DFCF Dimensional Core Fixed Inc.	New	0.09%	+0.09
GOOG Alphabet Inc. Class C	Add +0.9%	0.77%	+0.09
RTO Rentokil Initial PLC-SP ADR	New	0.09%	+0.09
BIO Bio-Rad Laboratories-A	New	0.09%	+0.09
WMB Williams Cos Inc.	New	0.09%	+0.09
FLS Flowserve Corp.	New	0.08%	+0.08
MA Mastercard Inc. Class A	New	0.08%	+0.08
SNV Synovus Financial Corp.	New	0.08%	+0.08
SCHW Schwab (charles) Corp.	Add +1.7%	0.53%	+0.07
AVGO Broadcom Inc.	Add +21.1%	0.17%	+0.06
V Visa Inc. Class A	Add +0.3%	0.38%	+0.05
MCK McKesson Corp.	Add +2.7%	0.30%	+0.04
SOFI Sofi Technologies Inc.	Add +4.3%	0.08%	+0.04
BDX Becton Dickinson and Co.	Add +19.3%	0.31%	+0.03
BNY Bank of New York Mellon Corp.	Add +2.6%	0.34%	+0.03
KMX Carmax Inc.	Add +1.7%	0.38%	+0.02
BAC Bank of America Corp.	Add +3.2%	0.19%	+0.02
DDOG Datadog Inc. Class A	Add +2.9%	0.10%	+0.02
ANET Arista Networks Inc.	Add +2.8%	0.10%	+0.01
NTRS Northern Trust Corp.	Add +2.9%	0.10%	+0.01
VRSN Verisign Inc.	Add +7.6%	0.09%	+0.01
PODD Insulet Corp.	Add +2.8%	0.09%	+0.01
CBSH Commerce Bancshares Inc.	Add +7.1%	0.09%	+0.01
PM Philip Morris International	Add +3.5%	0.50%	+0.01
ICVT iShares Convertible Bond ETF	Add +5.6%	0.10%	+0.01
TROW T Rowe Price Group Inc.	Add +2.3%	0.08%	+0.00
LCTU iShares U.S. Carbon Transiti	Add +0.0%	0.47%	+0.00
COP Conocophillips	Add +9.0%	0.19%	+0.00
SPY SS SPDR S&P 500 ETF Trust-US	Add +0.2%	0.23%	+0.00
WMG Warner Music Group Corp. Class A	Add +4.4%	0.12%	+0.00
PK Park Hotels & Resorts Inc.	Add +2.9%	0.06%	+0.00
DSI iShares ESG MSCI KLD 400 ETF	Add +0.0%	0.31%	+0.00
USXF iShares ESG Advance MSCI USA	Add +0.0%	0.32%	+0.00
BRK.B Berkshire Hathaway Inc. Class B	Add +2.3%	1.29%	−0.01
MSFT Microsoft Corp.	Add +1.8%	0.45%	−0.01
RTX RTX Corp.	Add +1.0%	0.16%	−0.01
ESGE iShares Inc. iShares ESG Awar	Add +0.2%	0.11%	−0.01
MDT Medtronic PLC	Add +8.1%	0.20%	−0.01
CEG Constellation Energy	Add +2.0%	0.08%	−0.01
IFRA iShares US Infrastructure	Add +1.1%	0.79%	−0.01
ORCL Oracle Corp.	Add +1.3%	0.76%	−0.02

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