KKM Financial LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), KKM Financial LLC reported 169 stock positions worth $729.9 million. Its top holding was Palo Alto Networks (PANW) at 3.4% of the portfolio, followed by Intel (INTC, 3.2%) and Microsoft (MSFT, 2.7%). Compared with Q1 2026, it opened 28 new positions, sold out of 28, added to 69 and reduced 63. The biggest buy was Mastercard Class A (MA, shares +3272%) and the biggest sale an exit from Liberty Media Class A (FWONA).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0002001943
- Portfolio Value
- $729.9M (Q2 2026)
- SEC Filing
- 0002001943-26-000003 ↗ filed Aug 14, 2026
Holdings Value
Holdings 169 stocks · $729.9M
| PANW Palo Alto Networks Inc. | 3.37% | 72,971 | $24.6M | Add +34.5% |
| INTC Intel Corp. | 3.19% | 166,641 | $23.3M | Reduce -26.1% |
| MSFT Microsoft Corp. | 2.66% | 46,104 | $19.4M | Add +155.8% |
| LLY Eli Lilly & Co. | 2.19% | 13,652 | $16.0M | Reduce -2.1% |
| UNH Unitedhealth Group Inc. | 2.16% | 38,062 | $15.8M | Add +278.0% |
| AMAT Applied Materials Inc. | 2.14% | 30,759 | $15.6M | Reduce -17.5% |
| NVDA Nvidia Corp. | 2.06% | 74,809 | $15.0M | Reduce -15.6% |
| AAPL Apple Inc. | 2.04% | 51,470 | $14.9M | Add +11.8% |
| AMZN Amazon.com Inc. | 1.98% | 57,469 | $14.5M | Add +110.7% |
| GOOGL Alphabet Inc. Class A | 1.95% | 39,844 | $14.2M | Add +53.1% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.94% | 8,699 | $14.2M | Reduce -18.1% |
| MA Mastercard Inc. Class A | 1.92% | 24,482 | $14.0M | Add +3272.2% |
| AMD Advanced Micro Devices | 1.86% | 28,284 | $13.6M | Reduce -57.4% |
| V Visa Inc. Class A | 1.83% | 37,982 | $13.4M | Add +128.3% |
| COST Costco Wholesale Corp. | 1.69% | 13,079 | $12.3M | Add +122.4% |
| META Meta Platforms Inc. Class A | 1.64% | 21,303 | $11.9M | Add +107.6% |
| LRCX Lam Research Corp. | 1.64% | 40,744 | $11.9M | Reduce -45.7% |
| ORCL Oracle Corp. | 1.63% | 85,947 | $11.9M | Add +137.0% |
| ESN Essential 40 Stock ETF | 1.61% | 592,014 | $11.8M | Reduce -0.1% |
| HD Home Depot Inc. | 1.59% | 33,798 | $11.6M | Add +12.5% |
| TSM Taiwan Semiconductor-SP ADR | 1.49% | 26,896 | $10.9M | Reduce -5.1% |
| KLAC KLA Corp. | 1.48% | 59,145 | $10.8M | Add +17.3% |
| MPC Marathon Petroleum Corp. | 1.39% | 39,734 | $10.2M | Add +28.2% |
| DAL Delta Air Lines Inc. | 1.36% | 106,349 | $10.0M | Add +38.6% |
| PLTR Palantir Technologies Inc. Class A | 1.32% | 78,479 | $9.6M | New |
| NOW ServiceNow Inc. | 1.31% | 86,100 | $9.6M | New |
| JNJ Johnson & Johnson | 1.30% | 37,425 | $9.5M | Add +6.5% |
| SOXX iShares Semiconductor ETF | 1.30% | 14,772 | $9.5M | Reduce -3.3% |
| CVS CVS Health Corp. | 1.26% | 88,558 | $9.2M | Add +5.4% |
| JPM JPMorgan Chase & Co. | 1.20% | 26,824 | $8.8M | Add +12.6% |
| SPCX Space Exploration Techn Class A | 1.18% | 79,403 | $8.6M | New |
| MAS Masco Corp. | 1.17% | 104,516 | $8.5M | Add +56.9% |
| XOM Exxon Mobil Corp. | 1.16% | 61,228 | $8.5M | Add +34.3% |
| CB Chubb Ltd. | 1.13% | 24,254 | $8.3M | Add +30.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.13% | 43,253 | $8.3M | New |
| EPD Enterprise Products Partners | 1.13% | 224,298 | $8.2M | Add +53.1% |
| SYY Sysco Corp. | 1.11% | 97,027 | $8.1M | Add +51.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.09% | 15,896 | $8.0M | Add +18.2% |
| FCX Freeport-McMoran Inc. | 1.07% | 124,659 | $7.8M | Add +12.5% |
| WM Waste Management Inc. | 1.06% | 34,772 | $7.7M | Add +40.0% |
| DUK Duke Energy Corp. | 1.06% | 61,196 | $7.7M | Add +37.1% |
| FDX FedEx Corp. | 1.02% | 23,863 | $7.5M | Add +32.4% |
| NTR Nutrien Ltd. | 1.00% | 115,773 | $7.3M | Add +28.0% |
| VZ Verizon Communications Inc. | 1.00% | 171,664 | $7.3M | Add +48.3% |
| F Ford Motor Co. filed as FORD MTR CO | 0.97% | 509,182 | $7.1M | Add +11.4% |
| AWK American Water Works Co. Inc. | 0.95% | 52,949 | $7.0M | Reduce -13.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.95% | 24,715 | $7.0M | Add +5.6% |
| MMM 3M Co. | 0.94% | 42,423 | $6.9M | Add +24.2% |
| LMT Lockheed Martin Corp. | 0.92% | 13,218 | $6.7M | Add +32.5% |
| BA The Boeing Co. | 0.92% | 30,860 | $6.7M | Add +15.7% |
| PFE Pfizer Inc. | 0.91% | 274,859 | $6.6M | Add +66.3% |
| ANET Arista Networks Inc. | 0.89% | 36,133 | $6.5M | New |
| HCA HCA Healthcare Inc. | 0.87% | 15,853 | $6.4M | Add +2.2% |
| IGM iShares Expanded Tech Sector | 0.86% | 38,509 | $6.3M | Reduce -10.4% |
| ADP Automatic Data Processing | 0.86% | 28,115 | $6.3M | Add +60.9% |
| XLK SS Technology Select Sector | 0.83% | 31,824 | $6.1M | Reduce -4.9% |
| CME Cme Group Inc. | 0.82% | 27,147 | $6.0M | Add +30.4% |
| NEM Newmont Corp. | 0.78% | 60,673 | $5.7M | New |
| EQIX Equinix Inc. | 0.74% | 5,265 | $5.4M | Reduce -15.2% |
| ISRG Intuitive Surgical Inc. | 0.69% | 14,325 | $5.1M | New |
| AVGO Broadcom Inc. | 0.69% | 13,007 | $5.1M | Add +7.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.67% | 6,553 | $4.9M | Reduce -30.4% |
| PSUS Pershing Square USA Ltd. | 0.61% | 119,307 | $4.5M | New |
| NFLX Netflix Inc. | 0.59% | 59,744 | $4.3M | Add +2591.2% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.53% | 76,874 | $3.9M | Add +8.8% |
| IWR iShares Russell Mid-Cap ETF | 0.44% | 29,263 | $3.2M | Reduce -1.3% |
| IYF iShares US Financials ETF | 0.44% | 25,284 | $3.2M | Reduce -21.4% |
| XLI SS Industrial Select Sector | 0.44% | 17,312 | $3.2M | Reduce -18.7% |
| HWM Howmet Aerospace Inc. | 0.43% | 11,169 | $3.2M | Reduce -17.1% |
| TRV The Travelers Cos Inc. | 0.43% | 8,370 | $3.1M | Reduce -17.1% |
| VRT Vertiv Holdings Co. Class A | 0.43% | 12,908 | $3.1M | New |
| IGV iShares Expanded Tech-Softwa | 0.42% | 33,753 | $3.1M | Reduce -23.8% |
| IYW iShares Ustechnology ETF | 0.41% | 11,857 | $3.0M | Reduce -12.2% |
| GOOG Alphabet Inc. Class C | 0.39% | 8,023 | $2.8M | Add +22.6% |
| BAC Bank of America Corp. | 0.38% | 44,482 | $2.7M | Reduce -19.6% |
| IWM iShares Russell 2000 ETF | 0.37% | 9,040 | $2.7M | Add +0.1% |
| TSLA Tesla Inc. | 0.34% | 5,840 | $2.5M | Add +51.9% |
| STX Seagate Technology Holdings | 0.31% | 2,377 | $2.3M | Reduce -6.9% |
| IBB iShares Biotechnology ETF | 0.30% | 11,454 | $2.2M | Add +109.9% |
| CAT Caterpillar Inc. | 0.29% | 2,019 | $2.2M | Reduce -12.1% |
| XLC SS Comm Select Sector SPDR | 0.26% | 17,520 | $1.9M | Add +5.1% |
| FDXF FedEx Freight Holding Co. | 0.25% | 11,848 | $1.8M | Add +31.5% |
| SYK Stryker Corp. | 0.23% | 5,188 | $1.7M | Reduce -12.3% |
| DBJP Xtrackers MSCI Japan Hedged | 0.21% | 13,547 | $1.6M | Add +2.7% |
| IYJ iShares U.S. Industrials ETF | 0.20% | 8,640 | $1.4M | Reduce -37.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.19% | 29,947 | $1.4M | Add +15.1% |
| PSI Invesco Semiconductors ETF | 0.18% | 7,147 | $1.3M | Add +0.0% |
| SPIB SS SPDR P Int C Corp. ETF | 0.18% | 39,891 | $1.3M | Add +9.2% |
| DBEZ Xtrackers MSCI Eurozone Hedg | 0.17% | 19,748 | $1.2M | Add +2.5% |
| FTSM First Trust Enh Short Mat FD | 0.16% | 19,434 | $1.2M | Add +0.6% |
| WMT Walmart Inc. | 0.15% | 9,962 | $1.1M | Reduce -2.0% |
| IYE iShares U.S. Energy ETF | 0.15% | 19,268 | $1.1M | No change |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.15% | 19,856 | $1.1M | Add +2.9% |
| QMCO Quantum Corp. | 0.13% | 90,274 | $961K | New |
| GOVT iShares US Treasury Bond ETF | 0.13% | 40,253 | $917K | Add +6.0% |
| SPLB SS SPDR P Long Term C ETF | 0.12% | 38,514 | $863K | Add +12.8% |
| MS Morgan Stanley | 0.12% | 4,094 | $856K | No change |
| ITA iShares U.S. Aerospace & Def | 0.12% | 3,484 | $845K | Reduce -3.6% |
| IYC iShares US Consumer Discreti | 0.11% | 8,275 | $837K | Reduce -21.4% |
| IYT iShares US Transportation Et | 0.11% | 9,269 | $804K | Reduce -17.7% |
Portfolio Sells Q1 2026 → Q2 2026
| FWONA Liberty Media Corp. Class A | Sold out | 0.00% | −3.29 |
| MU Micron Technology Inc. | Sold out | 0.00% | −3.06 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −1.92 |
| FWONK Liberty Media Corp. Class C | Sold out | 0.00% | −1.09 |
| LBRDK Liberty Broadband-C | Sold out | 0.00% | −1.03 |
| NVDA Nvidia Corp. | Reduce -15.6% | 2.06% | −0.88 |
| GLIBK Liberty Capital Corp. Class C | Sold out | 0.00% | −0.79 |
| IVV iShares Core S&P 500 ETF | Reduce -93.7% | 0.04% | −0.77 |
| WDIV St STR SPD S&P Glo Div-US Inc. | Sold out | 0.00% | −0.74 |
| JPIN JPM Diversified Ret Intl Eq | Sold out | 0.00% | −0.73 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.73 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -87.2% | 0.10% | −0.72 |
| AMD Advanced Micro Devices | Reduce -57.4% | 1.86% | −0.66 |
| LRCX Lam Research Corp. | Reduce -45.7% | 1.64% | −0.65 |
| LIN Linde PLC | Sold out | 0.00% | −0.64 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −0.56 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -30.4% | 0.67% | −0.47 |
| LLY Eli Lilly & Co. | Reduce -2.1% | 2.19% | −0.47 |
| AWK American Water Works Co. Inc. | Reduce -13.6% | 0.95% | −0.47 |
| IGV iShares Expanded Tech-Softwa | Reduce -23.8% | 0.42% | −0.41 |
| IYF iShares US Financials ETF | Reduce -21.4% | 0.44% | −0.29 |
| LLYVK Liberty Media Corp.-Liberty-C | Sold out | 0.00% | −0.26 |
| LLYVA Liberty Media Corp.-Liberty-A | Sold out | 0.00% | −0.21 |
| ESN Essential 40 Stock ETF | Reduce -0.1% | 1.61% | −0.19 |
| BAC Bank of America Corp. | Reduce -19.6% | 0.38% | −0.17 |
| IYJ iShares U.S. Industrials ETF | Reduce -37.0% | 0.20% | −0.16 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.16 |
| BATRK Atlanta Braves Holdings in-C | Sold out | 0.00% | −0.15 |
| XLI SS Industrial Select Sector | Reduce -18.7% | 0.44% | −0.15 |
| SYK Stryker Corp. | Reduce -12.3% | 0.23% | −0.14 |
| IDU iShares US Utilities ETF | Sold out | 0.00% | −0.13 |
| IGM iShares Expanded Tech Sector | Reduce -10.4% | 0.86% | −0.12 |
| EQIX Equinix Inc. | Reduce -15.2% | 0.74% | −0.11 |
| TRV The Travelers Cos Inc. | Reduce -17.1% | 0.43% | −0.09 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.08 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.08 |
| IYC iShares US Consumer Discreti | Reduce -21.4% | 0.11% | −0.08 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -18.1% | 1.94% | −0.08 |
| TIDAL TRUST II | Sold out | 0.00% | −0.07 |
| IYZ iShares US Telecommunication | Reduce -42.8% | 0.09% | −0.07 |
| IYW iShares Ustechnology ETF | Reduce -12.2% | 0.41% | −0.07 |
| IYG iShares U.S. Financial Servi | Sold out | 0.00% | −0.07 |
| IWR iShares Russell Mid-Cap ETF | Reduce -1.3% | 0.44% | −0.06 |
| ADBE Adobe Inc. | Reduce -2.5% | 0.05% | −0.06 |
| HWM Howmet Aerospace Inc. | Reduce -17.1% | 0.43% | −0.06 |
| PNQI Invesco Nasdaq Internet ETF | Sold out | 0.00% | −0.06 |
| IYY iShares Dow Jones U.S. ETF | Sold out | 0.00% | −0.06 |
| IAU iShares Gold Trust | Reduce -7.6% | 0.10% | −0.05 |
| XYL Xylem Inc. | Reduce -29.6% | 0.04% | −0.05 |
| WMT Walmart Inc. | Reduce -2.0% | 0.15% | −0.05 |
Portfolio Buys Q1 2026 → Q2 2026
| MA Mastercard Inc. Class A | Add +3272.2% | 1.92% | +1.84 |
| PANW Palo Alto Networks Inc. | Add +34.5% | 3.37% | +1.60 |
| UNH Unitedhealth Group Inc. | Add +278.0% | 2.16% | +1.57 |
| PLTR Palantir Technologies Inc. Class A | New | 1.32% | +1.32 |
| NOW ServiceNow Inc. | New | 1.31% | +1.31 |
| SPCX Space Exploration Techn Class A | New | 1.18% | +1.18 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 1.13% | +1.13 |
| MSFT Microsoft Corp. | Add +155.8% | 2.66% | +1.11 |
| ANET Arista Networks Inc. | New | 0.89% | +0.89 |
| AMZN Amazon.com Inc. | Add +110.7% | 1.98% | +0.86 |
| V Visa Inc. Class A | Add +128.3% | 1.83% | +0.80 |
| COST Costco Wholesale Corp. | Add +122.4% | 1.69% | +0.79 |
| NEM Newmont Corp. | New | 0.78% | +0.78 |
| ISRG Intuitive Surgical Inc. | New | 0.69% | +0.69 |
| PSUS Pershing Square USA Ltd. | New | 0.61% | +0.61 |
| NFLX Netflix Inc. | Add +2591.2% | 0.59% | +0.55 |
| GOOGL Alphabet Inc. Class A | Add +53.1% | 1.95% | +0.50 |
| MPC Marathon Petroleum Corp. | Add +28.2% | 1.39% | +0.50 |
| META Meta Platforms Inc. Class A | Add +107.6% | 1.64% | +0.43 |
| VRT Vertiv Holdings Co. Class A | New | 0.43% | +0.43 |
| DAL Delta Air Lines Inc. | Add +38.6% | 1.36% | +0.42 |
| MAS Masco Corp. | Add +56.9% | 1.17% | +0.41 |
| KLAC KLA Corp. | Add +17.3% | 1.48% | +0.39 |
| ORCL Oracle Corp. | Add +137.0% | 1.63% | +0.37 |
| EPD Enterprise Products Partners | Add +53.1% | 1.13% | +0.30 |
| SYY Sysco Corp. | Add +51.2% | 1.11% | +0.27 |
| XOM Exxon Mobil Corp. | Add +34.3% | 1.16% | +0.18 |
| PFE Pfizer Inc. | Add +66.3% | 0.91% | +0.18 |
| VZ Verizon Communications Inc. | Add +48.3% | 1.00% | +0.16 |
| IBB iShares Biotechnology ETF | Add +109.9% | 0.30% | +0.14 |
| DUK Duke Energy Corp. | Add +37.1% | 1.06% | +0.13 |
| QMCO Quantum Corp. | New | 0.13% | +0.13 |
| FDX FedEx Corp. | Add +32.4% | 1.02% | +0.10 |
| CB Chubb Ltd. | Add +30.1% | 1.13% | +0.10 |
| WM Waste Management Inc. | Add +40.0% | 1.06% | +0.09 |
| IDGT iShares US DGTL Infra & R/E | New | 0.09% | +0.09 |
| PSI Invesco Semiconductors ETF | Add +0.0% | 0.18% | +0.08 |
| IONQ Ionq Inc. | New | 0.08% | +0.08 |
| FCX Freeport-McMoran Inc. | Add +12.5% | 1.07% | +0.08 |
| ARQQ Arqit Quantum Inc. | New | 0.07% | +0.07 |
| IYM iShares U.S. Basic Materials | New | 0.07% | +0.07 |
| CVS CVS Health Corp. | Add +5.4% | 1.26% | +0.07 |
| QUBT Quantum Computing Inc. | New | 0.07% | +0.07 |
| QBTS D-Wave Quantum Inc. | New | 0.07% | +0.07 |
| RGTI Rigetti Computing Inc. | New | 0.07% | +0.07 |
| LMT Lockheed Martin Corp. | Add +32.5% | 0.92% | +0.07 |
| ADP Automatic Data Processing | Add +60.9% | 0.86% | +0.06 |
| DE Deere & Co. | New | 0.06% | +0.06 |
| IGE iShares North American Natur | Add +132.3% | 0.10% | +0.05 |
| PBD Invesco Global Clean Energy | New | 0.05% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 169 | $729.9M | PANW, INTC, MSFT, LLY, UNH |
| Q1 2026 | 168 | $563.2M | FWONA, MU, NVDA, LLY, AMD |
| Q4 2025 | 170 | $563.3M | FWONA, MU, NVDA, LLY, AMD |
| Q3 2025 | 139 | $318.0M | META, AAPL, ESN, MSFT, ORCL |
| Q2 2025 | 153 | $287.6M | META, SPY, ESN, AAPL, MSFT |
| Q1 2025 | 148 | $236.5M | ESN, META, AAPL, SPY, MSFT |
| Q4 2024 | 150 | $239.9M | AAPL, META, ESN, SPY, IGM |
| Q3 2024 | 141 | $202.1M | AAPL, META, SPY, MSFT, SOXX |
| Q2 2024 | 146 | $210.9M | AAPL, SOXX, META, SPY, MSFT |
| Q1 2024 | 144 | $205.1M | AAPL, SOXX, SPY, MSFT, IYT |