KPP Advisory Services LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), KPP Advisory Services LLC reported 328 stock positions worth $673.6 million. Its top holding was Invesco Nasdaq 100 ETF (QQQM) at 4.8% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 3.7%) and iShares Core S&P 500 ETF (IVV, 3.3%). Compared with Q2 2025, it opened 31 new positions, sold out of 11, added to 149 and reduced 115. The biggest buy was a new position in Cap Group Growth Equity (CGGR) and the biggest sale PCR US SM CP CSH CWS ETF-Usd (CALF, shares −75%).
- Most Recent 13F
- Q2 2026
- Location
- Louisville, KY
- CIK
- 0001989349
- Portfolio Value
- $673.6M (Q3 2025)
- SEC Filing
- 0002085853-25-000214 ↗ filed Nov 3, 2025
Holdings Value
Holdings 328 stocks · $673.6M
| QQQM Invesco Nasdaq 100 ETF | 4.80% | 130,955 | $32.4M | Add +6.2% |
| QQQ Invesco QQQ Trust Series 1 | 3.69% | 41,395 | $24.9M | Reduce -6.2% |
| IVV iShares Core S&P 500 ETF | 3.33% | 33,510 | $22.4M | Reduce -5.2% |
| XMHQ Invesco S&P Midcap Qual ETF | 2.90% | 186,274 | $19.6M | Reduce -0.9% |
| AAPL Apple Inc. | 2.80% | 74,102 | $18.9M | Add +7.4% |
| MSFT Microsoft Corp. | 2.66% | 34,592 | $17.9M | Add +3.9% |
| JHMM John Hancock Multi Fact Mid | 2.57% | 268,057 | $17.3M | Add +0.7% |
| NVDA Nvidia Corp. | 2.45% | 88,486 | $16.5M | Add +21.7% |
| TSLA Tesla Inc. | 2.44% | 36,971 | $16.4M | Add +12.4% |
| DGRO iShares Core Dividend Growth | 2.10% | 208,104 | $14.2M | Add +36.5% |
| DFUS Dimensional US Eq MKT ETF | 1.99% | 185,002 | $13.4M | Add +5.5% |
| VOO Vanguard S&P 500 ETF | 1.94% | 21,330 | $13.1M | Add +1.4% |
| AMZN Amazon.com Inc. | 1.65% | 50,548 | $11.1M | Add +6.4% |
| FTGS First Trust Grwth Strgth ETF | 1.63% | 304,891 | $10.9M | Add +53.6% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 1.55% | 248,657 | $10.5M | Reduce -8.9% |
| XLG Invesco S&P 500 Top 50 ETF | 1.21% | 141,144 | $8.1M | Add +4.8% |
| AVUV Avantis US Small Cap Value | 1.08% | 72,883 | $7.3M | Reduce -14.2% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.06% | 40,980 | $7.2M | Reduce -2.0% |
| SDVY First Trust Smid Cap Rising | 1.04% | 184,717 | $7.0M | Add +351.2% |
| DFAS Dimensional US Small Cap ETF | 1.04% | 102,275 | $7.0M | Add +2.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.02% | 32,983 | $6.9M | Add +35.2% |
| CGGR Cap Group Growth Equity | 0.99% | 152,461 | $6.7M | New |
| SPHQ Invesco S&P 500 Quality ETF | 0.91% | 83,181 | $6.1M | Add +2.5% |
| DGRW Wisdomtree U.S. Quality Divi | 0.83% | 62,706 | $5.6M | Reduce -30.7% |
| IJR iShares Core S&P Small-Cap E | 0.82% | 46,431 | $5.5M | Reduce -3.5% |
| QUAL iShares MSCI USA Quality Fac | 0.81% | 27,956 | $5.4M | Reduce -43.0% |
| JPM JPMorgan Chase & Co. | 0.80% | 17,085 | $5.4M | Reduce -5.8% |
| GOOGL Alphabet Inc. Class A | 0.76% | 21,088 | $5.1M | Add +9.5% |
| AVGO Broadcom Inc. | 0.76% | 15,537 | $5.1M | Reduce -3.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.74% | 7,446 | $5.0M | Add +22.9% |
| MSTR Strategy Inc. | 0.71% | 14,915 | $4.8M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.71% | 9,461 | $4.8M | Reduce -7.8% |
| ESGU iShares ESG Aware MSCI USA | 0.69% | 32,052 | $4.7M | Reduce -9.1% |
| FLQM Franklin U.S. Mid Cap Multif | 0.68% | 81,376 | $4.6M | Reduce -14.4% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.68% | 136,297 | $4.6M | New |
| FTCS First Trust Capital Strength | 0.65% | 46,679 | $4.4M | Reduce -44.3% |
| SCHG Schwab US Large-Cap Growth | 0.62% | 130,661 | $4.2M | Add +2.6% |
| META Meta Platforms Inc. Class A | 0.62% | 5,648 | $4.1M | Add +14.3% |
| ILOW AB Internal Low Volat Eq ETF filed as AB ACTIVE ETFS INC | 0.61% | 96,980 | $4.1M | New |
| MO Altria Group Inc. | 0.61% | 62,238 | $4.1M | Reduce -0.2% |
| T AT&T Inc. | 0.57% | 136,796 | $3.9M | Reduce -2.4% |
| SCHV Schwab US Large-Cap Value | 0.57% | 131,422 | $3.8M | Add +5.1% |
| XOM Exxon Mobil Corp. | 0.56% | 33,746 | $3.8M | Add +2.1% |
| RSP Invesco S&P 500 Equal Weight | 0.56% | 20,035 | $3.8M | Add +5.3% |
| FVD First Trust Value Line DVD | 0.55% | 80,101 | $3.7M | Reduce -0.3% |
| PPA Invesco Aerospace & Defense | 0.55% | 23,806 | $3.7M | Reduce -33.2% |
| IJH iShares Core S&P Midcap ETF | 0.55% | 56,396 | $3.7M | Reduce -1.8% |
| FEX First Trust Large Cap Core A | 0.55% | 31,478 | $3.7M | Add +1.6% |
| IVW iShares S&P 500 Growth ETF | 0.52% | 28,750 | $3.5M | Reduce -19.1% |
| SYFI AB SHRT Duration HGH YLD ETF filed as AB ACTIVE ETFS INC | 0.50% | 92,322 | $3.3M | New |
| GLDM SPDR Gold Minishares Trust | 0.48% | 42,548 | $3.3M | Add +13.8% |
| XNTK SS SPDR Nyse Tech ETF | 0.46% | 11,411 | $3.1M | Add +243.1% |
| NOBL Proshares S&P 500 Dividend A | 0.45% | 29,546 | $3.0M | Reduce -1.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.45% | 34,736 | $3.0M | Add +0.3% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.45% | 10,289 | $3.0M | Add +0.5% |
| LLY Eli Lilly & Co. | 0.44% | 3,884 | $3.0M | Add +9.9% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.43% | 9,809 | $2.9M | Reduce -0.8% |
| QGRO American Century US Quality | 0.43% | 25,453 | $2.9M | Add +3.6% |
| CRM Salesforce Inc. | 0.43% | 12,253 | $2.9M | Add +4.7% |
| HD Home Depot Inc. | 0.43% | 7,097 | $2.9M | Reduce -2.6% |
| PWR Quanta Services Inc. | 0.40% | 6,523 | $2.7M | Add +11.7% |
| VFLO Victoryshares Free Cash Flow | 0.38% | 67,367 | $2.5M | Reduce -1.1% |
| JNJ Johnson & Johnson | 0.36% | 13,214 | $2.5M | Reduce -0.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.34% | 4,842 | $2.3M | Add +5.8% |
| RDVI FT Vest Rising Dividend Achi | 0.34% | 88,397 | $2.3M | Add +0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.34% | 43,939 | $2.3M | Add +1.6% |
| BX Blackstone Inc. | 0.34% | 13,231 | $2.3M | Add +1.3% |
| C Citigroup Inc. | 0.33% | 21,910 | $2.2M | Reduce -7.5% |
| PH Parker Hannifin Corp. | 0.33% | 2,914 | $2.2M | Add +1.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.32% | 6,641 | $2.2M | Add +5.2% |
| PG The Procter & Gamble Co. | 0.32% | 13,995 | $2.2M | Reduce -3.2% |
| GOOG Alphabet Inc. Class C | 0.31% | 8,598 | $2.1M | Add +3.0% |
| F Ford Motor Co. filed as FORD MTR CO | 0.31% | 173,834 | $2.1M | Reduce -0.9% |
| TMO Thermo Fisher Scientific Inc. | 0.31% | 4,255 | $2.1M | Add +2.3% |
| USB US Bancorp | 0.31% | 42,609 | $2.1M | Reduce -6.2% |
| ABBV Abbvie Inc. | 0.30% | 8,820 | $2.0M | Reduce -0.1% |
| LRCX Lam Research Corp. | 0.30% | 15,249 | $2.0M | Add +0.2% |
| HON Honeywell International Inc. | 0.30% | 9,685 | $2.0M | Reduce -2.9% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.30% | 46,332 | $2.0M | Reduce -75.0% |
| CGCB Cap Group Core Bond | 0.29% | 74,622 | $2.0M | Add +14.2% |
| UNH Unitedhealth Group Inc. | 0.29% | 5,674 | $2.0M | Add +7.1% |
| FLXR TCW Flexible Income ETF | 0.29% | 49,224 | $2.0M | Add +36.0% |
| OEF iShares S&P 100 ETF | 0.28% | 5,707 | $1.9M | Reduce -26.9% |
| RECS Columbia Resear Enh Cor ETF | 0.28% | 46,393 | $1.9M | Add +1.6% |
| PANW Palo Alto Networks Inc. | 0.28% | 9,129 | $1.9M | Add +17.0% |
| MCD McDonald's Corp. | 0.27% | 5,896 | $1.8M | Add +4.0% |
| RTX RTX Corp. | 0.27% | 10,699 | $1.8M | Add +13.6% |
| FWD AB Disruptors ETF filed as AB ACTIVE ETFS INC | 0.26% | 17,219 | $1.7M | New |
| AAXJ iShares MSCI All Country Asi | 0.26% | 19,013 | $1.7M | Add +6.0% |
| V Visa Inc. Class A | 0.26% | 5,032 | $1.7M | Add +0.0% |
| BLK BlackRock Inc. | 0.25% | 1,460 | $1.7M | Reduce -4.8% |
| ASML ASML Holding NV-NY Reg SHS | 0.25% | 1,754 | $1.7M | Add +0.9% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.25% | 42,383 | $1.7M | Add +13.5% |
| DIVB iShares Core Dividend ETF | 0.25% | 32,049 | $1.7M | Add +21.1% |
| CSCO Cisco Systems Inc. | 0.25% | 24,284 | $1.7M | Reduce -8.8% |
| AMGN Amgen Inc. | 0.24% | 5,837 | $1.6M | Reduce -1.0% |
| ORCL Oracle Corp. | 0.24% | 5,826 | $1.6M | Add +0.6% |
| XLK SS Technology Select Sector | 0.24% | 5,772 | $1.6M | No change |
| DLN Wisdomtree US Largecap Divid | 0.24% | 18,327 | $1.6M | Add +18.8% |
| LMT Lockheed Martin Corp. | 0.24% | 3,194 | $1.6M | Add +15.5% |
Options reported separately and not counted above: DIS calls ($1.9M).
Portfolio Sells Q2 2025 → Q3 2025
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -75.0% | 0.30% | −0.91 |
| QUAL iShares MSCI USA Quality Fac | Reduce -43.0% | 0.81% | −0.67 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -76.7% | 0.20% | −0.67 |
| FTCS First Trust Capital Strength | Reduce -44.3% | 0.65% | −0.61 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -81.1% | 0.12% | −0.57 |
| CGGO Cap Group Global Growth | Reduce -87.9% | 0.06% | −0.48 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -30.7% | 0.83% | −0.42 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -6.2% | 3.69% | −0.33 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.32 |
| IVV iShares Core S&P 500 ETF | Reduce -5.2% | 3.33% | −0.29 |
| PPA Invesco Aerospace & Defense | Reduce -33.2% | 0.55% | −0.28 |
| CGDV Cap Group Dividend Value | Reduce -8.9% | 1.55% | −0.23 |
| AVUV Avantis US Small Cap Value | Reduce -14.2% | 1.08% | −0.20 |
| FLQM Franklin U.S. Mid Cap Multif | Reduce -14.4% | 0.68% | −0.17 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -0.9% | 2.90% | −0.14 |
| IVW iShares S&P 500 Growth ETF | Reduce -19.1% | 0.52% | −0.13 |
| ASTS Ast Spacemobile Inc. | Sold out | 0.00% | −0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.8% | 0.71% | −0.12 |
| OEF iShares S&P 100 ETF | Reduce -26.9% | 0.28% | −0.11 |
| T AT&T Inc. | Reduce -2.4% | 0.57% | −0.10 |
| ESGU iShares ESG Aware MSCI USA | Reduce -9.1% | 0.69% | −0.09 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -69.2% | 0.04% | −0.09 |
| VTIP Vanguard Short-Term Tips | Reduce -30.1% | 0.14% | −0.08 |
| HON Honeywell International Inc. | Reduce -2.9% | 0.30% | −0.08 |
| PEP Pepsico Inc. | Reduce -33.9% | 0.14% | −0.08 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -19.6% | 0.21% | −0.08 |
| CDC Victoryshares US Eq Income E | Reduce -25.3% | 0.19% | −0.08 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -2.0% | 1.06% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -5.8% | 0.80% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -3.2% | 0.32% | −0.06 |
| BF.B Brown-Forman Corp. Class B | Sold out | 0.00% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -8.8% | 0.25% | −0.06 |
| MS Morgan Stanley | Reduce -21.2% | 0.22% | −0.06 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.5% | 0.82% | −0.05 |
| NOBL Proshares S&P 500 Dividend A | Reduce -1.7% | 0.45% | −0.05 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -11.1% | 0.19% | −0.04 |
| FVD First Trust Value Line DVD | Reduce -0.3% | 0.55% | −0.04 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.04 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.8% | 0.55% | −0.04 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.04 |
| NOW ServiceNow Inc. | Reduce -1.7% | 0.14% | −0.04 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.04 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.03 |
| FLOT iShares Floating Rate Bond E | Sold out | 0.00% | −0.03 |
| USB US Bancorp | Reduce -6.2% | 0.31% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -2.7% | 0.15% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -16.4% | 0.12% | −0.03 |
| AMGN Amgen Inc. | Reduce -1.0% | 0.24% | −0.03 |
| RFG Invesco S&P Midcap 400 Pure | Reduce -4.2% | 0.23% | −0.03 |
| VFLO Victoryshares Free Cash Flow | Reduce -1.1% | 0.38% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| CGGR Cap Group Growth Equity | New | 0.99% | +0.99 |
| SDVY First Trust Smid Cap Rising | Add +351.2% | 1.04% | +0.80 |
| TSLA Tesla Inc. | Add +12.4% | 2.44% | +0.72 |
| BUFR FT Vest Lad Buffervetf-Usd I | New | 0.68% | +0.68 |
| ILOW AB Internal Low Volat Eq ETF | New | 0.61% | +0.61 |
| NVDA Nvidia Corp. | Add +21.7% | 2.45% | +0.56 |
| FTGS First Trust Grwth Strgth ETF | Add +53.6% | 1.63% | +0.51 |
| DGRO iShares Core Dividend Growth | Add +36.5% | 2.10% | +0.50 |
| SYFI AB SHRT Duration HGH YLD ETF | New | 0.50% | +0.50 |
| AAPL Apple Inc. | Add +7.4% | 2.80% | +0.47 |
| XNTK SS SPDR Nyse Tech ETF | Add +243.1% | 0.46% | +0.33 |
| FWD AB Disruptors ETF | New | 0.26% | +0.26 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +35.2% | 1.02% | +0.24 |
| UTWO F/M US Treasury 2 Year Note | New | 0.20% | +0.20 |
| GOOGL Alphabet Inc. Class A | Add +9.5% | 0.76% | +0.20 |
| QQQM Invesco Nasdaq 100 ETF | Add +6.2% | 4.80% | +0.19 |
| OBIL F/M US Treasury 12 Month Bil | New | 0.16% | +0.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +22.9% | 0.74% | +0.12 |
| XBIL F/M US Treasury 6 Month Bill | New | 0.11% | +0.11 |
| TJX TJX Companies Inc. | New | 0.09% | +0.09 |
| TBIL F/M US Treasury 3 Month Bill | New | 0.09% | +0.09 |
| VNQ Vanguard Real Estate ETF | New | 0.09% | +0.09 |
| GLDM SPDR Gold Minishares Trust | Add +13.8% | 0.48% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +3.0% | 0.31% | +0.07 |
| ANET Arista Networks Inc. | New | 0.06% | +0.06 |
| LRCX Lam Research Corp. | Add +0.2% | 0.30% | +0.06 |
| FLXR TCW Flexible Income ETF | Add +36.0% | 0.29% | +0.06 |
| DFUS Dimensional US Eq MKT ETF | Add +5.5% | 1.99% | +0.05 |
| CMG Chipotle Mexican Grill Inc. | New | 0.05% | +0.05 |
| XLG Invesco S&P 500 Top 50 ETF | Add +4.8% | 1.21% | +0.05 |
| EOG EOG Resources Inc. | New | 0.05% | +0.05 |
| UBER Uber Technologies Inc. | New | 0.05% | +0.05 |
| AMD Advanced Micro Devices | Add +29.8% | 0.18% | +0.04 |
| AEP American Electric Power | New | 0.04% | +0.04 |
| GEV GE Vernova Inc. | New | 0.04% | +0.04 |
| RTX RTX Corp. | Add +13.6% | 0.27% | +0.04 |
| IESC Ies Holdings Inc. | New | 0.04% | +0.04 |
| PNC PNC Financial Services Group | Add +30.2% | 0.18% | +0.04 |
| CEG Constellation Energy | New | 0.04% | +0.04 |
| PWR Quanta Services Inc. | Add +11.7% | 0.40% | +0.04 |
| ORLY O'reilly Automotive Inc. | New | 0.04% | +0.04 |
| EME Emcor Group Inc. | New | 0.04% | +0.04 |
| QBTS D-Wave Quantum Inc. | New | 0.04% | +0.04 |
| SOXQ Invesco PHLX Semiconductor | New | 0.04% | +0.04 |
| PPG PPG Industries Inc. | New | 0.04% | +0.04 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.04% | +0.04 |
| SPAB SS SPDR P Agg Bond ETF | New | 0.04% | +0.04 |
| ORCL Oracle Corp. | Add +0.6% | 0.24% | +0.03 |
| JGRO JPMorgan Active Growth ETF | New | 0.03% | +0.03 |
| MLM Martin Marietta Materials | New | 0.03% | +0.03 |
Options Activity Q2 2025 → Q3 2025
| DIS The Walt Disney Co. | call | New | 16,406 | $1.9M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 361 | $789.1M | QQQM, QQQ, VOO, XMHQ, JHMM |
| Q1 2026 | 349 | $688.6M | QQQM, QQQ, XMHQ, JHMM, AAPL |
| Q4 2025 | 328 | $688.6M | QQQM, QQQ, IVV, AAPL, XMHQ |
| Q3 2025 | 328 | $673.6M | QQQM, QQQ, IVV, XMHQ, AAPL |
| Q2 2025Amended | 308 | $606.2M | QQQM, QQQ, IVV, XMHQ, MSFT |
| Q1 2025 | 291 | $526.3M | QQQ, IVV, XMHQ, QQQM, AAPL |
| Q4 2024 | 258 | $424.1M | QQQ, XMHQ, QQQM, AAPL, JHMM |
| Q3 2024 | 260 | $416.7M | QQQ, XMHQ, QQQM, AAPL, JHMM |
| Q2 2024 | 238 | $376.2M | QQQ, JHMM, AAPL, CALF, MSFT |
| Q1 2024 | 241 | $364.3M | QQQ, JHMM, CALF, DGRO, MSFT |