Keystone Global Partners, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 14, 2026), Keystone Global Partners, LLC reported 53 stock positions worth $227.4 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 10.0% of the portfolio, followed by iShares DYN Act ETF (BDYN, 8.4%) and SS Financial Select Sector (XLF, 7.9%). Compared with Q3 2025, it opened 4 new positions, sold out of 1, added to 17 and reduced 20. The biggest buy was a new position in iShares MSCI USA Quality Gar (GARP) and the biggest sale Vanguard Mortgage-Backed Sec (VMBS, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001764057
- Portfolio Value
- $227.4M (Q4 2025)
- SEC Filing
- 0001764057-26-000001 ↗ filed Jan 14, 2026
Holdings Value
Holdings 53 stocks · $227.4M
| SCHG Schwab US Large-Cap Growth | 10.03% | 698,832 | $22.8M | Add +21.8% |
| BDYN iShares DYN Act ETF | 8.39% | 744,398 | $19.1M | Reduce -0.1% |
| XLF SS Financial Select Sector | 7.92% | 328,803 | $18.0M | Add +22.8% |
| VEA Vanguard Ftse Developed ETF | 6.91% | 251,477 | $15.7M | Add +6.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 6.07% | 274,375 | $13.8M | Add +68.5% |
| VGK Vanguard Ftse Europe ETF | 5.03% | 136,817 | $11.4M | Reduce -2.9% |
| XLK SS Technology Select Sector | 4.68% | 73,974 | $10.7M | Add +15.7% |
| IVV iShares Core S&P 500 ETF | 3.80% | 12,598 | $8.6M | Reduce -0.7% |
| XLV SS Health Care Select Sector | 3.30% | 48,528 | $7.5M | Add +12.0% |
| XLC SS Comm Select Sector SPDR | 3.23% | 62,308 | $7.3M | Reduce -7.5% |
| XLI SS Industrial Select Sector | 3.00% | 44,003 | $6.8M | Add +26.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.70% | 55,789 | $6.1M | Reduce -12.5% |
| URTH iShares MSCI World ETF | 2.69% | 32,879 | $6.1M | Add +52.7% |
| FDIS Fidelity MSCI Cons Discr Ind | 2.57% | 57,269 | $5.9M | Add +23.6% |
| GARP iShares MSCI USA Quality Gar | 2.57% | 85,805 | $5.8M | New |
| RING iShares MSCI Global Gold Min | 2.39% | 73,867 | $5.4M | Add +60.8% |
| VMBS Vanguard Mortgage-Backed Sec | 2.20% | 106,434 | $5.0M | Reduce -34.6% |
| IGM iShares Expanded Tech Sector | 1.59% | 28,003 | $3.6M | Reduce -1.6% |
| VOO Vanguard S&P 500 ETF | 1.56% | 5,655 | $3.5M | Reduce -1.7% |
| SCHR Schwab Intermediate-Term US | 1.50% | 135,989 | $3.4M | Add +153.0% |
| XAR SS SPDR S&P Aerospace Def | 1.47% | 13,834 | $3.3M | Add +9.2% |
| MTUM iShares MSCI USA Momentum Fa | 1.37% | 12,481 | $3.1M | Add +8.3% |
| IEFA iShares Core MSCI Eafe ETF | 1.30% | 33,102 | $3.0M | Reduce -10.5% |
| XLE SS Energy Select Sector | 1.09% | 55,405 | $2.5M | Add +20.6% |
| NVDA Nvidia Corp. | 1.05% | 12,797 | $2.4M | Reduce -9.7% |
| VTWG Vanguard Russell 2000 Growth | 1.04% | 10,033 | $2.4M | Reduce -5.8% |
| EWJ iShares MSCI Japan ETF | 1.00% | 28,048 | $2.3M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.82% | 3,027 | $1.9M | Reduce -3.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.69% | 5,431 | $1.6M | Reduce -9.4% |
| RSP Invesco S&P 500 Equal Weight | 0.64% | 7,632 | $1.5M | Reduce -1.1% |
| SMH Vaneck Semiconductor ETF | 0.62% | 3,892 | $1.4M | New |
| JQUA JPMorgan US Quality Factor | 0.59% | 21,056 | $1.3M | Reduce -69.2% |
| VIG Vanguard Dividend Apprec ETF | 0.55% | 5,697 | $1.3M | Reduce -2.1% |
| AAPL Apple Inc. | 0.55% | 4,600 | $1.3M | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 0.50% | 3,640 | $1.1M | No change |
| SCHQ Schwab Long-Term US Treasury | 0.47% | 33,475 | $1.1M | Reduce -34.2% |
| TSLA Tesla Inc. | 0.45% | 2,292 | $1.0M | No change |
| MSFT Microsoft Corp. | 0.42% | 1,995 | $965K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.39% | 1,284 | $875K | No change |
| EMB iShares JP Morgan Usd Emergi | 0.38% | 8,865 | $854K | New |
| CMF iShares California Muni Bond | 0.33% | 13,210 | $759K | Add +37.8% |
| GBTC Grayscale Bitcoin Trust ETF | 0.31% | 10,147 | $694K | No change |
| SHOP Shopify Inc. Class A | 0.25% | 3,540 | $570K | No change |
| VYM Vanguard High DVD Yield ETF | 0.24% | 3,813 | $547K | No change |
| BND Vanguard Total Bond Market | 0.22% | 6,601 | $489K | Add +0.4% |
| NYF iShares New York Muni Bond E | 0.19% | 8,177 | $438K | Add +2.3% |
| GLD SPDR Gold Shares | 0.17% | 998 | $396K | No change |
| SCHH Schwab US REIT ETF | 0.15% | 16,285 | $340K | Reduce -0.0% |
| AMZN Amazon.com Inc. | 0.14% | 1,424 | $329K | No change |
| EFA iShares MSCI Eafe ETF | 0.14% | 3,327 | $319K | Reduce -1.4% |
| AVGO Broadcom Inc. | 0.13% | 831 | $288K | No change |
| META Meta Platforms Inc. Class A | 0.11% | 394 | $260K | No change |
| MDY State Street SPDR S&P Midcap | 0.09% | 339 | $205K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TLT iShares 20+ Year Treasury BD | 20 YR TR BD ETF · principal | 28,000 | $2K | Reduce -50.0% |
Total filed on the 13F, all lines: $227.4M.
Portfolio Sells Q3 2025 → Q4 2025
| VMBS Vanguard Mortgage-Backed Sec | Reduce -34.6% | 2.20% | −1.69 |
| JQUA JPMorgan US Quality Factor | Reduce -69.2% | 0.59% | −1.61 |
| BDYN iShares DYN Act ETF | Reduce -0.1% | 8.39% | −1.22 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -12.5% | 2.70% | −0.92 |
| XLC SS Comm Select Sector SPDR | Reduce -7.5% | 3.23% | −0.83 |
| VGK Vanguard Ftse Europe ETF | Reduce -2.9% | 5.03% | −0.70 |
| IVV iShares Core S&P 500 ETF | Reduce -0.7% | 3.80% | −0.53 |
| SCHQ Schwab Long-Term US Treasury | Reduce -34.2% | 0.47% | −0.37 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -10.5% | 1.30% | −0.34 |
| NVDA Nvidia Corp. | Reduce -9.7% | 1.05% | −0.30 |
| IGM iShares Expanded Tech Sector | Reduce -1.6% | 1.59% | −0.24 |
| VOO Vanguard S&P 500 ETF | Reduce -1.7% | 1.56% | −0.23 |
| VTWG Vanguard Russell 2000 Growth | Reduce -5.8% | 1.04% | −0.23 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -9.4% | 0.69% | −0.20 |
| KBWB Invesco KBW Bank ETF | Sold out | 0.00% | −0.16 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.1% | 0.82% | −0.14 |
| RSP Invesco S&P 500 Equal Weight | Reduce -1.1% | 0.64% | −0.10 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.1% | 0.55% | −0.09 |
| AAPL Apple Inc. | Reduce -0.2% | 0.55% | −0.05 |
| SCHH Schwab US REIT ETF | Reduce -0.0% | 0.15% | −0.03 |
| EFA iShares MSCI Eafe ETF | Reduce -1.4% | 0.14% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| GARP iShares MSCI USA Quality Gar | New | 2.57% | +2.57 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +68.5% | 6.07% | +1.92 |
| EWJ iShares MSCI Japan ETF | New | 1.00% | +1.00 |
| RING iShares MSCI Global Gold Min | Add +60.8% | 2.39% | +0.88 |
| SCHR Schwab Intermediate-Term US | Add +153.0% | 1.50% | +0.81 |
| SCHG Schwab US Large-Cap Growth | Add +21.8% | 10.03% | +0.70 |
| URTH iShares MSCI World ETF | Add +52.7% | 2.69% | +0.69 |
| SMH Vaneck Semiconductor ETF | New | 0.62% | +0.62 |
| XLF SS Financial Select Sector | Add +22.8% | 7.92% | +0.57 |
| EMB iShares JP Morgan Usd Emergi | New | 0.38% | +0.38 |
| XLI SS Industrial Select Sector | Add +26.1% | 3.00% | +0.26 |
| XLV SS Health Care Select Sector | Add +12.0% | 3.30% | +0.23 |
| FDIS Fidelity MSCI Cons Discr Ind | Add +23.6% | 2.57% | +0.14 |
| XLK SS Technology Select Sector | Add +15.7% | 4.68% | +0.09 |
| CMF iShares California Muni Bond | Add +37.8% | 0.33% | +0.06 |
| XLE SS Energy Select Sector | Add +20.6% | 1.09% | +0.04 |
| NYF iShares New York Muni Bond E | Add +2.3% | 0.19% | −0.02 |
| BND Vanguard Total Bond Market | Add +0.4% | 0.22% | −0.03 |
| XAR SS SPDR S&P Aerospace Def | Add +9.2% | 1.47% | −0.05 |
| MTUM iShares MSCI USA Momentum Fa | Add +8.3% | 1.37% | −0.13 |
| VEA Vanguard Ftse Developed ETF | Add +6.8% | 6.91% | −0.28 |
Notes & Other Activity Q3 2025 → Q4 2025
| TLT iShares 20+ Year Treasury BD | 20 YR TR BD ETF · principal | Reduce -50.0% | 28,000 | $2K |
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 | 54 | $263.0M | XLK, XLF, BDYN, SCHG, VEA |
| Q1 2026 | 51 | $223.7M | XLF, BDYN, XLK, VEA, SCHG |
| Q4 2025 | 53 | $227.4M | SCHG, BDYN, XLF, VEA, VTEB |
| Q3 2025 | 50 | $196.3M | BDYN, SCHG, XLF, VEA, VGK |
| Q2 2025 | 153 | $183.5M | VTEB, SCHG, VEA, XLF, VMBS |
| Q1 2025 | 197 | $142.6M | VTEB, VEA, SCHG, XLF, IVV |