Kelman-Lazarov, Inc. — 13F Holdings & Portfolio
CIK 1672067 · latest 13F-HR filed 2026-08-10
Kelman-Lazarov, Inc. manages $763.3M in 13F-reported U.S. long-equity assets across 154 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are FNDX (9.58%), SCHG (8.34%), MOAT (7.67%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 16 new positions, exited 2, added to 83, and trimmed 13.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
MEMPHIS, TN 38137
$763.3M
Long-equity book
154
Distinct positions
2026-06-30
Filed 2026-08-10
+16 / −2 / ↑83 / ↓13
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- SCHWAB STRATEGIC TR$9.2M +16.9%
- SCHWAB STRATEGIC TR$7.1M +10.7%
- SPDR SERIES TRUST$5.6M +17.3%
- ISHARES TR$4.8M +18.2%
- VANECK ETF TRUST$4.3M +7.9%
Top Trims
- MICROSOFT CORP-$637.7K -40.6%
- NETFLIX INC.-$349.0K -31.1%
- WALMART INC-$186.5K -11.7%
- FEDEX CORP-$131.2K -11.8%
- ISHARES TR-$100.5K -8.8%
New Positions
- ADVANCED MICRO DEVICES INC$547.8K
- FEDEX FGHT HLDG CO INC$424.9K
- INTEL CORP$293.2K
- COMFORT SYS USA INC$279.5K
- UNITEDHEALTH GROUP INC$278.2K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | FNDX | 808524771 | $73.1M | 9.58% | 2,350,202 | SH |
| 2 | SCHWAB STRATEGIC TR | SCHG | 808524300 | $63.7M | 8.34% | 1,882,199 | SH |
| 3 | VANECK ETF TRUST | MOAT | 92189F643 | $58.5M | 7.67% | 562,820 | SH |
| 4 | SPDR SERIES TRUST | SPYM | 78464A854 | $37.8M | 4.96% | 430,413 | SH |
| 5 | ISHARES TR | STIP | 46429B747 | $32.8M | 4.29% | 320,695 | SH |
| 6 | AMERICAN CENTY ETF TR | AVDE | 025072703 | $31.4M | 4.12% | 352,258 | SH |
| 7 | ISHARES TR | IJR | 464287804 | $31.2M | 4.09% | 210,298 | SH |
| 8 | SCHWAB STRATEGIC TR | SCHX | 808524201 | $30.1M | 3.94% | 1,022,937 | SH |
| 9 | GOLDMAN SACHS ETF TR | GSLC | 381430503 | $28.2M | 3.69% | 198,590 | SH |
| 10 | PIMCO ETF TR | BOND | 72201R775 | $24.5M | 3.21% | 266,083 | SH |
| 11 | ISHARES TR | MBB | 464288588 | $24.0M | 3.14% | 253,580 | SH |
| 12 | SCHWAB STRATEGIC TR | FNDC | 808524748 | $23.8M | 3.11% | 489,415 | SH |
| 13 | SCHWAB STRATEGIC TR | FNDE | 808524730 | $22.6M | 2.96% | 569,914 | SH |
| 14 | ISHARES TR | IJH | 464287507 | $21.6M | 2.83% | 279,751 | SH |
| 15 | VANGUARD BD INDEX FDS | BSV | 921937827 | $21.5M | 2.82% | 276,323 | SH |
| 16 | GOLDMAN SACHS ETF TR | GSIE | 381430107 | $20.5M | 2.69% | 449,338 | SH |
| 17 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $16.0M | 2.10% | 31,986 | SH |
| 18 | GMO ETF TRUST | QLTY | 90139K100 | $15.9M | 2.08% | 380,893 | SH |
| 19 | PIMCO ETF TR | PYLD | 72201R585 | $13.0M | 1.70% | 489,951 | SH |
| 20 | SCHWAB STRATEGIC TR | SCHF | 808524805 | $10.2M | 1.34% | 368,873 | SH |
| 21 | VANGUARD INDEX FDS | VUG | 922908736 | $8.8M | 1.16% | 102,406 | SH |
| 22 | PIMCO ETF TR | SMMU | 72201R874 | $8.7M | 1.14% | 172,326 | SH |
| 23 | PIMCO ETF TR | STPZ | 72201R205 | $7.0M | 0.92% | 131,408 | SH |
| 24 | AMERICAN CENTY ETF TR | AVEM | 025072604 | $5.9M | 0.77% | 61,225 | SH |
| 25 | ALPHABET INC | GOOGL | 02079K305 | $4.8M | 0.63% | 13,416 | SH |
| 26 | PIMCO ETF TR | MUNI | 72201R866 | $4.8M | 0.63% | 91,059 | SH |
| 27 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $4.4M | 0.58% | 5,917 | SH |
| 28 | VANGUARD MUN BD FDS | VCRM | 922907712 | $4.2M | 0.55% | 55,199 | SH |
| 29 | INVESCO EXCH TRADED FD TR II | RWL | 46138G698 | $4.2M | 0.54% | 32,495 | SH |
| 30 | VANGUARD INDEX FDS | VV | 922908637 | $4.1M | 0.54% | 11,986 | SH |
| 31 | VANGUARD MUN BD FDS | VTEB | 922907746 | $4.0M | 0.53% | 79,932 | SH |
| 32 | APPLE INC | AAPL | 037833100 | $3.9M | 0.52% | 13,643 | SH |
| 33 | AMERICAN CENTY ETF TR | AVDS | 025072190 | $3.7M | 0.48% | 48,834 | SH |
| 34 | VANGUARD INDEX FDS | VTV | 922908744 | $3.4M | 0.44% | 15,531 | SH |
| 35 | PGIM ETF TR | PTRB | 69344A800 | $3.1M | 0.41% | 75,617 | SH |
| 36 | VANGUARD BD INDEX FDS | BIV | 921937819 | $2.9M | 0.38% | 38,005 | SH |
| 37 | SCHWAB STRATEGIC TR | FNDA | 808524763 | $2.6M | 0.34% | 67,948 | SH |
| 38 | VANGUARD INDEX FDS | VOO | 922908363 | $2.3M | 0.30% | 3,288 | SH |
| 39 | SCHWAB STRATEGIC TR | SCHA | 808524607 | $2.2M | 0.29% | 62,142 | SH |
| 40 | STATE STR SPDR S&P MIDCAP 40 | MDY | 78467Y107 | $2.1M | 0.28% | 3,014 | SH |
| 41 | MASTERCARD INCORPORATED | MA | 57636Q104 | $2.0M | 0.26% | 3,926 | SH |
| 42 | SPDR SERIES TRUST | SPMD | 78464A847 | $1.9M | 0.25% | 28,083 | SH |
| 43 | ISHARES TR | IVV | 464287200 | $1.9M | 0.25% | 2,517 | SH |
| 44 | AMERICAN CENTY ETF TR | AVSU | 025072281 | $1.9M | 0.25% | 21,187 | SH |
| 45 | SCHWAB STRATEGIC TR | SCHM | 808524508 | $1.8M | 0.24% | 50,028 | SH |
| 46 | VANGUARD SPECIALIZED FUNDS | VIG | 921908844 | $1.8M | 0.23% | 7,521 | SH |
| 47 | ISHARES TR | IYY | 464287846 | $1.6M | 0.21% | 8,838 | SH |
| 48 | STATE STR SPDR DOW JONES IND | DIA | 78467X109 | $1.6M | 0.21% | 2,999 | SH |
| 49 | ALPHABET INC | GOOG | 02079K107 | $1.5M | 0.20% | 4,316 | SH |
| 50 | BERKSHIRE HATHAWAY INC DEL | BRK.A | 084670108 | $1.5M | 0.20% | 2 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-10 | $763.3M | 154 | 0001398344-26-013958 |
| 2026-03-31 | 2026-04-27 | $697.6M | 140 | 0001398344-26-007296 |
| 2025-12-31 | 2026-01-26 | $700.3M | 134 | 0001398344-26-001181 |