KM Capital Management Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), KM Capital Management Ltd. reported 56 stock positions worth $202.6 million. Its top holding was Dimensional US Eq MKT ETF (DFUS) at 18.8% of the portfolio, followed by iShares Core S&P Total U.S. (ITOT, 14.1%) and iShares Russell Top 200 ETF (IWL, 7.6%). Compared with Q1 2025, it opened 6 new positions, sold out of 4, added to 21 and reduced 25. The biggest buy was Ishrs US E F R A ETF-Usd (DYNF, shares +82%) and the biggest sale iShares Core S&P Total U.S. (ITOT, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001963514
- Portfolio Value
- $202.6M (Q2 2025)
- SEC Filing
- 0001874761-25-000008 ↗ filed Aug 8, 2025
Holdings Value
Holdings 56 stocks · $202.6M
| DFUS Dimensional US Eq MKT ETF | 18.77% | 567,600 | $38.0M | Reduce -0.0% |
| ITOT iShares Core S&P Total U.S. | 14.10% | 211,553 | $28.6M | Reduce -12.9% |
| IWL iShares Russell Top 200 ETF | 7.56% | 100,108 | $15.3M | Add +0.1% |
| DFIV Dimensional International Va | 6.43% | 304,034 | $13.0M | Reduce -1.7% |
| QQQ Invesco QQQ Trust Series 1 | 5.75% | 21,141 | $11.7M | Add +10.4% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 4.92% | 183,071 | $10.0M | Add +82.5% |
| OEF iShares S&P 100 ETF | 2.95% | 19,655 | $6.0M | Reduce -12.0% |
| LRGF iShares US Equity Factor ETF | 2.91% | 91,986 | $5.9M | Add +74.8% |
| QUAL iShares MSCI USA Quality Fac | 2.90% | 32,193 | $5.9M | Add +14.4% |
| IEV iShares Europe ETF | 2.85% | 91,309 | $5.8M | Add +2.5% |
| THRO iShares U.S. Thematic Rotati | 2.59% | 147,787 | $5.3M | Reduce -15.0% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 2.06% | 157,195 | $4.2M | Add +59.0% |
| ONEQ Fidelity Nasdaq Comp Indx | 1.87% | 47,250 | $3.8M | No change |
| EFG iShares MSCI Eafe Growth ETF | 1.70% | 30,847 | $3.5M | Reduce -36.6% |
| IAU iShares Gold Trust | 1.65% | 53,738 | $3.4M | Reduce -3.7% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 1.61% | 63,951 | $3.3M | Add +56.9% |
| HIMU iShares High Yild Muni A ETF | 1.59% | 66,454 | $3.2M | Reduce -8.5% |
| IWB iShares Russell 1000 ETF | 1.49% | 8,878 | $3.0M | Add +57.2% |
| IYR iShares US Real Estate ETF | 1.43% | 30,511 | $2.9M | Add +0.7% |
| IBIT iShares Bitcoin Trust ETF | 1.08% | 35,613 | $2.2M | Reduce -14.8% |
| DFAC Dimensional US Core Equity 2 | 1.07% | 60,470 | $2.2M | Reduce -5.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.00% | 7,114 | $2.0M | Add +75.0% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.95% | 30,550 | $1.9M | Reduce -60.9% |
| TLT iShares 20+ Year Treasury BD | 0.85% | 19,629 | $1.7M | Reduce -48.4% |
| IEMG iShares Core MSCI Emerging | 0.82% | 27,792 | $1.7M | Add +61.0% |
| IETC iShares U.S. Tech Independen | 0.77% | 16,548 | $1.6M | Reduce -6.8% |
| DMAX iShares LG Cap Max Buff Dec | 0.70% | 55,025 | $1.4M | No change |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.59% | 30,010 | $1.2M | Reduce -23.5% |
| DFAX Dimensional World Ex US Core | 0.58% | 40,123 | $1.2M | Add +1.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.57% | 12,225 | $1.2M | Reduce -16.4% |
| DFGR Dim Global Real Estate ETF | 0.53% | 39,683 | $1.1M | Add +33.5% |
| USMV iShares MSCI USA Min Vol Fac | 0.48% | 10,384 | $975K | Reduce -34.2% |
| ICSH iShares Ultra Short Duration | 0.38% | 14,992 | $760K | Reduce -14.4% |
| DFAS Dimensional US Small Cap ETF | 0.32% | 10,134 | $646K | Reduce -10.6% |
| MEAR Ishrs Short Mat Muni Act ETF | 0.31% | 12,523 | $630K | Reduce -70.0% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.29% | 11,215 | $587K | Add +69.8% |
| IVV iShares Core S&P 500 ETF | 0.27% | 871 | $541K | Reduce -23.9% |
| MUB iShares National Muni Bond E | 0.25% | 4,763 | $498K | New |
| CMF iShares California Muni Bond | 0.25% | 8,919 | $497K | Add +0.8% |
| EMGF iShares Emerging Markets Equ | 0.23% | 9,125 | $475K | New |
| FNDB Schwab Fndmntl US BRD Mr ETF | 0.23% | 19,809 | $475K | Reduce -18.0% |
| IVVB iShares Large Cap Deep Quart | 0.23% | 14,800 | $459K | No change |
| EEM iShares MSCI Emerging Market | 0.20% | 8,509 | $410K | Add +27.6% |
| IXUS iShares Core Intl Stock ETF | 0.18% | 4,753 | $367K | Reduce -2.5% |
| GOVT iShares US Treasury Bond ETF | 0.17% | 15,373 | $353K | New |
| SPHQ Invesco S&P 500 Quality ETF | 0.17% | 4,929 | $351K | Add +0.9% |
| DFAI Dimensional International Co. | 0.17% | 10,014 | $346K | Add +15.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.15% | 3,874 | $308K | Add +0.7% |
| AVUV Avantis US Small Cap Value | 0.15% | 3,355 | $306K | Reduce -7.2% |
| SCHG Schwab US Large-Cap Growth | 0.15% | 10,066 | $294K | Reduce -44.4% |
| IYW iShares Ustechnology ETF | 0.14% | 1,660 | $288K | New |
| TCAF T Rowe PRC Cap Appreciation | 0.13% | 7,560 | $267K | No change |
| DFUV Dimensional US Marketwide Va | 0.13% | 6,277 | $265K | Add +0.5% |
| EFV iShares MSCI Eafe Value ETF | 0.13% | 4,016 | $255K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.11% | 735 | $223K | Reduce -11.0% |
| SPEM State Street SP PTF Em ETF | 0.11% | 5,205 | $222K | New |
Portfolio Sells Q1 2025 → Q2 2025
| ITOT iShares Core S&P Total U.S. | Reduce -12.9% | 14.10% | −1.88 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -60.9% | 0.95% | −1.37 |
| TLT iShares 20+ Year Treasury BD | Reduce -48.4% | 0.85% | −1.01 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -36.6% | 1.70% | −0.92 |
| MEAR Ishrs Short Mat Muni Act ETF | Reduce -70.0% | 0.31% | −0.82 |
| THRO iShares U.S. Thematic Rotati | Reduce -15.0% | 2.59% | −0.37 |
| HIMU iShares High Yild Muni A ETF | Reduce -8.5% | 1.59% | −0.34 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -34.2% | 0.48% | −0.32 |
| OEF iShares S&P 100 ETF | Reduce -12.0% | 2.95% | −0.31 |
| SUB iShares Short-Term National | Sold out | 0.00% | −0.21 |
| JQUA JPMorgan US Quality Factor | Sold out | 0.00% | −0.19 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.17 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -23.5% | 0.59% | −0.17 |
| DFIV Dimensional International Va | Reduce -1.7% | 6.43% | −0.14 |
| IAU iShares Gold Trust | Reduce -3.7% | 1.65% | −0.12 |
| VONV Vanguard Russell 1000 Value | Sold out | 0.00% | −0.11 |
| ICSH iShares Ultra Short Duration | Reduce -14.4% | 0.38% | −0.10 |
| SCHG Schwab US Large-Cap Growth | Reduce -44.4% | 0.15% | −0.10 |
| IVV iShares Core S&P 500 ETF | Reduce -23.9% | 0.27% | −0.08 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Reduce -18.0% | 0.23% | −0.07 |
| DFAC Dimensional US Core Equity 2 | Reduce -5.1% | 1.07% | −0.06 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -16.4% | 0.57% | −0.06 |
| DFAS Dimensional US Small Cap ETF | Reduce -10.6% | 0.32% | −0.05 |
| AVUV Avantis US Small Cap Value | Reduce -7.2% | 0.15% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -11.0% | 0.11% | −0.01 |
| IXUS iShares Core Intl Stock ETF | Reduce -2.5% | 0.18% | −0.00 |
| IBIT iShares Bitcoin Trust ETF | Reduce -14.8% | 1.08% | +0.02 |
| IETC iShares U.S. Tech Independen | Reduce -6.8% | 0.77% | +0.05 |
| DFUS Dimensional US Eq MKT ETF | Reduce -0.0% | 18.77% | +0.27 |
Portfolio Buys Q1 2025 → Q2 2025
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +82.5% | 4.92% | +2.28 |
| LRGF iShares US Equity Factor ETF | Add +74.8% | 2.91% | +1.27 |
| QQQ Invesco QQQ Trust Series 1 | Add +10.4% | 5.75% | +0.92 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +59.0% | 2.06% | +0.61 |
| IWB iShares Russell 1000 ETF | Add +57.2% | 1.49% | +0.55 |
| JMST JPM Ultra-Short Muni Income | Add +56.9% | 1.61% | +0.49 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +75.0% | 1.00% | +0.44 |
| IEMG iShares Core MSCI Emerging | Add +61.0% | 0.82% | +0.32 |
| QUAL iShares MSCI USA Quality Fac | Add +14.4% | 2.90% | +0.31 |
| MUB iShares National Muni Bond E | New | 0.25% | +0.25 |
| EMGF iShares Emerging Markets Equ | New | 0.23% | +0.23 |
| GOVT iShares US Treasury Bond ETF | New | 0.17% | +0.17 |
| IWL iShares Russell Top 200 ETF | Add +0.1% | 7.56% | +0.16 |
| IYW iShares Ustechnology ETF | New | 0.14% | +0.14 |
| EFV iShares MSCI Eafe Value ETF | New | 0.13% | +0.13 |
| SPEM State Street SP PTF Em ETF | New | 0.11% | +0.11 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +69.8% | 0.29% | +0.11 |
| DFGR Dim Global Real Estate ETF | Add +33.5% | 0.53% | +0.10 |
| IEV iShares Europe ETF | Add +2.5% | 2.85% | +0.06 |
| EEM iShares MSCI Emerging Market | Add +27.6% | 0.20% | +0.05 |
| DFAI Dimensional International Co. | Add +15.1% | 0.17% | +0.02 |
| DFAX Dimensional World Ex US Core | Add +1.2% | 0.58% | +0.02 |
| SPHQ Invesco S&P 500 Quality ETF | Add +0.9% | 0.17% | −0.00 |
| DFUV Dimensional US Marketwide Va | Add +0.5% | 0.13% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +0.7% | 0.15% | −0.01 |
| CMF iShares California Muni Bond | Add +0.8% | 0.25% | −0.02 |
| IYR iShares US Real Estate ETF | Add +0.7% | 1.43% | −0.14 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 48 | $212.8M | DFUS, LMUB, ITOT, DFIV, IWL |
| Q1 2026 | 76 | $148.6M | DFUS, LMUB, DFIV, IEMG, QQQ |
| Q4 2025 | 47 | $195.7M | DFUS, ITOT, DFIV, IAU, IWL |
| Q3 2025 | 52 | $216.3M | DFUS, ITOT, IWL, DFIV, QQQ |
| Q2 2025 | 56 | $202.6M | DFUS, ITOT, IWL, DFIV, QQQ |
| Q1 2025 | 54 | $185.6M | DFUS, ITOT, IWL, DFIV, QQQ |
| Q4 2024 | 45 | $193.2M | DFUS, ITOT, IWL, QQQ, EMXC |
| Q3 2024 | 44 | $187.1M | DFUS, ITOT, IWL, EMXC, QQQ |
| Q2 2024 | 43 | $193.2M | DFUS, ITOT, IWL, EMXC, QQQ |
| Q1 2024 | 41 | $180.4M | DFUS, ITOT, IWL, DFIV, QQQ |