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Keystone Financial Group — 13F Holdings & Portfolio

CIK 1729299 · latest 13F-HR filed 2026-07-29

Backtest portfolio

Keystone Financial Group manages $1.69B in 13F-reported U.S. long-equity assets across 567 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AAPL (5.80%), SPY (4.78%), SPYM (4.16%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 61 new positions and exited 18; 287 existing positions rose in reported value and 86 fell.

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.

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AUM
$1.69B

Long-equity book

Holdings
567

Distinct positions

Period
2026-06-30

Filed 2026-07-29

Q/Q Activity
+61 / −18 / ↑287 / ↓86

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
AAPL5.8% · -1%SPY4.8% · -7%SPYM4.2% · +12%STX3.6% · +1%SPYG3.1% · +16%VFLO3.0% · +3%AMD2.8% · 0%VTI2.7% · +1%NVDA2.4% · -7%TSLA2.3% · +0%DYNF2.3% · +4%PLTR1.9% · +3%VOO1.5% · +2%BRK.B1.4% · +4%AMZN1.4% · +1%BAI1.2% · -10%JPM1.2% · +0%META1.1% · +0%IEMG1.1% · -20%TAOZ1.1% · +130%MSFT1.1% · -4%QQQ1.0% · -7%BUFR1.0% · +10%SPTL0.8% · +61%BND0.8% · +12%GOOG0.8% · -1%VTV0.8% · -1%BRK.A0.8% · 0%JNJ0.7% · -3%VUG0.7% · +536%GOOGL0.7% · +2%MTUM0.7% · -21%TCAF0.6% · -0%IVV0.5% · -20%VOOG0.5% · +524%SHLD0.5% · +32%VIG0.5% · +6%IALT0.5% · newIVE0.4% · +20%BLCR0.4% · +1654%MLN0.4% · +10%VOOV0.4% · +8%QUAL0.4% · +9%THRO0.4% · -32%VB0.4% · +6%XMPT0.4% · +12%MU0.4% · +36%XOM0.4% · -10%HYMB0.4% · +12%BA0.4% · +4%VO0.4% · +331%LOW0.4% · +4%ITOT0.3% · -1%MCD0.3% · -2%TOTL0.3% · -2%HEFA0.3% · -22%LLY0.3% · +8%CGUS0.3% · +56%PG0.3% · +3%T0.3% · +4%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 34.7%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Sep 29, 2026.

Assets Under Management
$2.34B
Discretionary
$2.32B
Employees
49
Accounts
6,628
Address
527 WELLINGTON WAY, STE 225
LEXINGTON, KY 40503
Phone
(859) 317-8316
Website
Name Title / Status Ownership Type
JENKINS, TOBIN, RAY ControlPARTNER AND CHIEF COMPLIANCE OFFICER
since Dec 2013
50–75%Individual
KRETZ, MICHAEL, WILLIAM ControlPARTNER
since Dec 2013
50–75%Individual
Ownership & leadership changes · 1 filing with changes since Feb 21, 2014

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 13, 2026 filing
  • No longer listedJENKINS, TIMOTHY, S · PARTNER · 25–50% · control person · listed since Dec 2013
  • ChangedJENKINS, TOBIN, RAY · ownership 25–50% → 50–75%
  • ChangedKRETZ, MICHAEL, WILLIAM · ownership 25–50% → 50–75%
Feb 21, 2014 filing (earliest on record)
  • ListedJENKINS, TIMOTHY, S · PARTNER · 25–50% · control person
  • ListedJENKINS, TOBIN, RAY · PARTNER AND CHIEF COMPLIANCE OFFICER · 25–50% · control person
  • ListedKRETZ, MICHAEL, WILLIAM · PARTNER · 25–50% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Keystone Financial Group Holdings (2026-06-30)

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 APPLE INC AAPL 037833100 $97.7M 5.80% 337,758 SH
2 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $80.5M 4.78% 107,838 SH
3 SPDR SERIES TRUST SPYM 78464A854 $70.2M 4.16% 798,870 SH
4 SEAGATE TECHNOLOGY HLDNGS PL STX G7997R103 $61.1M 3.63% 63,366 SH
5 STATE STREET SPYG 78464A409 $52.7M 3.13% 442,924 SH
6 VICTORY PORTFOLIOS II VFLO 92647X830 $50.9M 3.02% 1,112,874 SH
7 ADVANCED MICRO DEVICES INC AMD 007903107 $46.6M 2.76% 80,206 SH
8 VANGUARD INDEX FDS VTI 922908769 $45.2M 2.68% 122,055 SH
9 NVIDIA CORPORATION NVDA 67066G104 $40.1M 2.38% 200,505 SH
10 TESLA INC TSLA 88160R101 $39.6M 2.35% 94,154 SH
11 BLACKROCK ETF TRUST DYNF 09290C103 $38.6M 2.29% 566,968 SH
12 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $32.0M 1.90% 274,467 SH
13 VANGUARD INDEX FDS VOO 922908363 $25.1M 1.49% 36,618 SH
14 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $24.4M 1.45% 48,819 SH
15 AMAZON COM INC AMZN 023135106 $23.9M 1.42% 100,173 SH
16 BLACKROCK ETF TRUST BAI 09290C780 $19.9M 1.18% 377,921 SH
17 JPMORGAN CHASE &CO JPM 46625H100 $19.9M 1.18% 60,800 SH
18 META PLATFORMS INC META 30303M102 $19.4M 1.15% 34,432 SH
19 ISHARES CORE MSCI IEMG 46434G103 $18.9M 1.12% 227,985 SH
20 MICROSOFT CORP MSFT 594918104 $17.7M 1.05% 47,541 SH
21 INVESCO QQQ TR QQQ 46090E103 $17.1M 1.02% 23,246 SH
22 FIRST TR EXCHNG TRADED FD VI BUFR 33740F755 $16.1M 0.95% 439,583 SH
23 STATE STREET SPTL 78464A664 $14.0M 0.83% 533,951 SH
24 VANGUARD TOTAL BOND BND 921937835 $14.0M 0.83% 190,374 SH
25 ALPHABET INC GOOG 02079K107 $13.2M 0.78% 37,278 SH
26 VANGUARD VALUE INDEX VTV 922908744 $12.9M 0.76% 59,136 SH
27 BERKSHIRE HATHAWAY BRK.A 084670108 $12.7M 0.75% 17 SH
28 JOHNSON & JOHNSON JNJ 478160104 $12.0M 0.71% 47,287 SH
29 VANGUARD INDEX FDS VUG 922908736 $11.8M 0.70% 136,573 SH
30 ALPHABET INC GOOGL 02079K305 $11.5M 0.68% 32,179 SH
31 ISHARES MSCI USA MTUM 46432F396 $11.3M 0.67% 32,851 SH
32 T ROWE TCAF 87283Q867 $10.4M 0.62% 254,143 SH
33 ISHARES TR IVV 464287200 $9.3M 0.55% 12,359 SH
34 VANGUARD S&P VOOG 921932505 $8.6M 0.51% 104,576 SH
35 GLOBAL X SHLD 37960A529 $8.3M 0.49% 139,364 SH
36 VANGUARD DIVIDEND VIG 921908844 $8.2M 0.49% 34,650 SH
37 ISHARES SYSTEMATIC IALT 09290C665 $7.7M 0.46% 274,563 SH
38 ISHARES TR IVE 464287408 $7.6M 0.45% 33,356 SH
39 ISHARES LARGE BLCR 09290C855 $7.5M 0.45% 149,088 SH
40 VANECK LONG MUNI ETF MLN 92189F536 $7.4M 0.44% 413,409 SH
41 VANGUARD S&P VOOV 921932703 $7.1M 0.42% 32,393 SH
42 ISHARES TR QUAL 46432F339 $7.0M 0.42% 32,065 SH
43 ISHARES U S THRO 09290C806 $6.9M 0.41% 160,264 SH
44 VANGUARD SMALL VB 922908751 $6.8M 0.40% 22,348 SH
45 VANECK CEF MUNICIPAL XMPT 92189F460 $6.7M 0.40% 301,992 SH
46 MICRON TECHNOLOGY INC MU 595112103 $6.7M 0.40% 5,807 SH
47 EXXON MOBIL CORP XOM 30231G102 $6.5M 0.39% 47,877 SH
48 STATE STREET SPDR NUVEEN HYMB 78464A284 $6.5M 0.39% 256,304 SH
49 BOEING CO BA 097023105 $6.3M 0.38% 29,287 SH
50 VANGUARD MID VO 922908629 $6.3M 0.37% 78,152 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-29 $1.69B 567 0001729299-26-000004
2026-03-31 2026-05-13 $1.46B 528 0001729299-26-000003
2025-12-31 2026-02-06 $1.35B 454 0001729299-26-000001
2025-09-30 2025-11-17 $1.31B 442 0001765380-25-000503
Filer Information
Address
527 WELLINGTON WAY, STE 225
LEXINGTON, KY 40503
Phone
(859) 317-8316
Filing Manager
Keystone Financial Group
LEXINGTON, KY
Signatory
Andy Armstrong
Compliance Consultant