Kestra Investment Management, LLC — 13F Holdings & Portfolio
CIK 1962449 · latest 13F-HR filed 2026-08-05
Kestra Investment Management, LLC manages $5.16B in 13F-reported U.S. long-equity assets across 519 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are IUSV (9.53%), SPYG (6.73%), VEU (5.29%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 122 new positions and exited 42; 190 existing positions rose in reported value and 161 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
$5.16B
Long-equity book
Holdings
519
Distinct positions
Period
2026-06-30
Filed 2026-08-05
Q/Q Activity
+122 / −42 / ↑190 / ↓161
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26IUSV9.5% · +15%SPYG6.7% · -18%VEU5.3% · -32%IUSB4.8% · -30%IUSG4.0% · +17%AVEM3.5% · -38%DFIV2.7% · -36%VXF2.6% · +8%CGGR2.6% · -26%QUAL2.5% · -36%CGDV2.4% · -23%VGIT2.2% · -37%DIHP2.0% · -40%PAVE1.9% · -39%FTEC1.8% · -41%DEM1.7% · -12%DFIC1.6% · -13%VWOB1.6% · +17%FSMD1.5% · +17%BINC1.4% · -24%IVE1.4% · -39%MLN1.4% · +22%TOTL1.3% · -15%MUB1.3% · -33%BNDX1.3% · -38%STIP1.2% · -32%SPTI1.2% · -27%VTEB1.1% · +4%DFAI1.0% · -31%LRGF1.0% · -32%ONEY0.9% · +7%FDVV0.8% · -14%IAGG0.8% · +9%VMBS0.8% · +24%XEMD0.8% · +74%MBB0.7% · -27%INTF0.6% · -11%NVDA0.6% · -8%CGCP0.6% · -31%JPIB0.5% · -20%JMBS0.5% · -18%XFIV0.5% · -19%CGMM0.5% · -31%AAPL0.4% · -4%AVLV0.4% · +13%CGIB0.4% · -30%SCHO0.4% · -26%MSFT0.4% · -3%CGGO0.4% · -33%VO0.4% · +3915%GOOGL0.4% · +38%DFGX0.3% · +30%DFUS0.3% · -28%AVUS0.3% · -28%DFSD0.3% · +32%AMZN0.2% · +47%MUNI0.2% · +19%AVIG0.2% · +26%AVUV0.2% · -37%VSDM0.2% · new
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 valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated 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 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 44.3%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Sep 22, 2026.
Assets Under Management
$4.31B
Discretionary
$4.31B
Employees
17
Accounts
16,262
Address
5707 SOUTHWEST PARKWAY, BUILDING 2, STE 400
AUSTIN, TX 78735
AUSTIN, TX 78735
Phone
(844) 553-7872
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| Carr, Jeremy, Scott Control | EVP, GENERAL COUNSEL since Sep 2025 | Less than 5% | Individual |
| KESTRA ADVISOR SERVICES HOLDINGS C, INC. Control | OWNER since Jul 2021 | 75% or more | Domestic Entity |
| Kant, Vinay Control | EVP, CHIEF DIGITAL TECHNOLOGY OFFICER since Sep 2024 | Less than 5% | Individual |
| Murphy, Kara, Marie Control | CHIEF INVESTMENT OFFICER, EVP since Jun 2021 | Less than 5% | Individual |
| SMITH, STEPHEN, GARRETT Control | CHIEF COMPLIANCE OFFICER since Jul 2024 | Less than 5% | Individual |
| Zegers, Scott, Matthew Control | CHIEF FINANCIAL OFFICER since Dec 2024 | Less than 5% | Individual |
| Dupont, Jean-Luc | CHIEF INFORMATION SECURITY OFFICER since Jul 2024 | Less than 5% | Individual |
| KESTRA ADVISOR SERVICES HOLDINGS A, INC. Control Indirect owner via KESTRA ADVISOR SERVICES HOLDINGS B, INC. | OWNER since Oct 2014 | 75% or more | Domestic Entity |
| KESTRA ADVISOR SERVICES HOLDINGS B, INC. Control Indirect owner via KESTRA ADVISOR SERVICES HOLDINGS C, INC. | OWNER since Oct 2014 | 75% or more | Domestic Entity |
| KINGFISHER HOLDING A, INC. Control Indirect owner via KINGFISHER HOLDING B, INC. | OWNER since Jun 2019 | 75% or more | Domestic Entity |
| KINGFISHER HOLDING B, INC. Control Indirect owner via KESTRA ADVISOR SERVICES HOLDINGS A, INC. | OWNER since Jun 2019 | 75% or more | Domestic Entity |
| KINGFISHER TOPCO HOLDING GP, LLC Control Indirect owner via KESTRA ADVISOR SERVICES HOLDINGS A, INC. | GENERAL PARTNER since Feb 2025 | General partner, trustee or manager | Domestic Entity |
| KINGFISHER TOPCO HOLDINGS, LP Control Indirect owner via KINGFISHER HOLDING A, INC. | OWNER since Feb 2025 | 75% or more | Domestic Entity |
| OHCP VI ENZO AGGREGATOR, L.P. Control Indirect owner via KINGFISHER TOPCO HOLDINGS, LP | OWNER since Feb 2025 | 25–50% | Domestic Entity |
| T-IX KRAKEN CO-INVEST, LP Control Indirect owner via KINGFISHER TOPCO HOLDINGS, LP | OWNER since Feb 2025 | 25–50% | Domestic Entity |
Ownership & leadership changes · 9 filings with changes since Nov 16, 2021
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.
May 11, 2026 filing
- No longer listedKINGFISHER HOLDING G.P. LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via KINGFISHER HOLDING, L.P. · control person · listed since Feb 2025
- No longer listedKINGFISHER HOLDING, L.P. · OWNER · 75% or more · indirect via KINGFISHER HOLDING A, INC. · control person · listed since Jun 2019
- No longer listedKINGFISHER TOPCO HOLDING GP, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via KINGFISHER TOPCO HOLDINGS, LP · control person · listed since Feb 2025
- No longer listedKINGFISHER TOPCO HOLDINGS, LP · OWNER · 75% or more · indirect via KINGFISHER HOLDING, L.P. · control person · listed since Feb 2025
- AddedKINGFISHER TOPCO HOLDING GP, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via KESTRA ADVISOR SERVICES HOLDINGS A, INC. · control person
- AddedKINGFISHER TOPCO HOLDINGS, LP · OWNER · 75% or more · indirect via KINGFISHER HOLDING A, INC. · control person
Mar 31, 2026 filing
- No longer listedNORWOOD, ROBERT, BREDT · EVP, GENERAL COUNSEL · Less than 5% · control person · listed since Apr 2016
- AddedCarr, Jeremy, Scott · EVP, GENERAL COUNSEL · Less than 5% · control person
Sep 15, 2025 filing
- No longer listedBARRAGAN, JOHN, ARTHUR · CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Jul 2024
Mar 31, 2025 filing
- No longer listedBENNETT, JOEL, VAN · SVP, CHIEF FINANCIAL OFFICER · Less than 5% · control person · listed since Oct 2016
- AddedKant, Vinay · EVP, CHIEF DIGITAL TECHNOLOGY OFFICER · Less than 5% · control person
- AddedZegers, Scott, Matthew · CHIEF FINANCIAL OFFICER · Less than 5% · control person
- ChangedSMITH, STEPHEN, GARRETT · title VP, CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER
Feb 24, 2025 filing
- No longer listedKINGFISHER HOLDING GP, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via KINGFISHER HOLDING, L.P. · control person · listed since Jun 2019
- No longer listedOAK HILL CAPITAL PARTNERS VI (ONSHORE), L.P. · OWNER · 25–50% · indirect via OHCP VI ENZO AGGREGATOR, L.P. · control person · listed since Feb 2023
- No longer listedOAK HILL CAPITAL PARTNERS VI (TE 892), L.P. · OWNER · 25–50% · indirect via OHCP VI ENZO AGGREGATOR, L.P. · control person · listed since Feb 2023
- No longer listedOHCP VI ENZO AGGREGATOR, L.P. · OWNER · 25–50% · indirect via KINGFISHER HOLDING, L.P. · control person · listed since Feb 2023
- No longer listedWARBURG PINCUS FINANCIALSECTOR, L.P. · LIMITED PARTNER · 25–50% · indirect via KINGFISHER HOLDING, L.P. · control person · listed since Jun 2019
- AddedKINGFISHER HOLDING G.P. LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via KINGFISHER HOLDING, L.P. · control person
- AddedKINGFISHER TOPCO HOLDING GP, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via KINGFISHER TOPCO HOLDINGS, LP · control person
- AddedKINGFISHER TOPCO HOLDINGS, LP · OWNER · 75% or more · indirect via KINGFISHER HOLDING, L.P. · control person
- AddedOHCP VI ENZO AGGREGATOR, L.P. · OWNER · 25–50% · indirect via KINGFISHER TOPCO HOLDINGS, LP · control person
- AddedT-IX KRAKEN CO-INVEST, LP · OWNER · 25–50% · indirect via KINGFISHER TOPCO HOLDINGS, LP · control person
Aug 29, 2024 filing
- No longer listedBEACH, JACOB, MICHAEL · VP, CHIEF INFORMATION SECURITY OFFICER · Less than 5% · listed since Jan 2020
- No longer listedPEDLOW, MICHAEL, ROSS · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Mar 2024
- AddedDupont, Jean-Luc · CHIEF INFORMATION SECURITY OFFICER · Less than 5%
- AddedSMITH, STEPHEN, GARRETT · VP, CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- Listed againBARRAGAN, JOHN, ARTHUR · CHIEF OPERATING OFFICER · Less than 5% · control person
- ChangedMurphy, Kara, Marie · now a control person
Apr 24, 2024 filing
- No longer listedBARRAGAN, JOHN, ARTHUR · CHIEF OPERATION OFFICER, CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Nov 2021
- AddedPEDLOW, MICHAEL, ROSS · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Oct 5, 2023 filing
- No longer listedHARNESS, NICHOLAS, WALTER · CHIEF INFORMATION OFFICER · Less than 5% · listed since Jul 2020
Mar 30, 2023 filing
- AddedOAK HILL CAPITAL PARTNERS VI (ONSHORE), L.P. · OWNER · 25–50% · indirect via OHCP VI ENZO AGGREGATOR, L.P. · control person
- AddedOAK HILL CAPITAL PARTNERS VI (TE 892), L.P. · OWNER · 25–50% · indirect via OHCP VI ENZO AGGREGATOR, L.P. · control person
- AddedOHCP VI ENZO AGGREGATOR, L.P. · OWNER · 25–50% · indirect via KINGFISHER HOLDING, L.P. · control person
Nov 16, 2021 filing (earliest on record)
- ListedBARRAGAN, JOHN, ARTHUR · CHIEF OPERATION OFFICER, CHIEF COMPLIANCE OFFICER · Less than 5%
- ListedBEACH, JACOB, MICHAEL · VP, CHIEF INFORMATION SECURITY OFFICER · Less than 5%
- ListedBENNETT, JOEL, VAN · SVP, CHIEF FINANCIAL OFFICER · Less than 5% · control person
- ListedHARNESS, NICHOLAS, WALTER · CHIEF INFORMATION OFFICER · Less than 5%
- ListedKESTRA ADVISOR SERVICES HOLDINGS A, INC. · OWNER · 75% or more · indirect via KESTRA ADVISOR SERVICES HOLDINGS B, INC. · control person
- ListedKESTRA ADVISOR SERVICES HOLDINGS B, INC. · OWNER · 75% or more · indirect via KESTRA ADVISOR SERVICES HOLDINGS C, INC. · control person
- ListedKESTRA ADVISOR SERVICES HOLDINGS C, INC. · OWNER · 75% or more · control person
- ListedKINGFISHER HOLDING A, INC. · OWNER · 75% or more · indirect via KINGFISHER HOLDING B, INC. · control person
- ListedKINGFISHER HOLDING B, INC. · OWNER · 75% or more · indirect via KESTRA ADVISOR SERVICES HOLDINGS A, INC. · control person
- ListedKINGFISHER HOLDING GP, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via KINGFISHER HOLDING, L.P. · control person
- ListedKINGFISHER HOLDING, L.P. · OWNER · 75% or more · indirect via KINGFISHER HOLDING A, INC. · control person
- ListedMurphy, Kara, Marie · CHIEF INVESTMENT OFFICER, EVP · Less than 5%
- ListedNORWOOD, ROBERT, BREDT · EVP, GENERAL COUNSEL · Less than 5% · control person
- ListedWARBURG PINCUS FINANCIALSECTOR, L.P. · LIMITED PARTNER · 25–50% · indirect via KINGFISHER HOLDING, L.P. · 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.
Top Adds (vs prior quarter)
- ISHARES TR$93.6M +23.5%
- ISHARES TR$31.8M +18.1%
- VANGUARD INDEX FDS$31.0M +29.6%
- FIDELITY COVINGTON TRUST$21.1M +38.3%
- VANGUARD INDEX FDS$18.1M +1026.4%
Top Trims
- ISHARES TR-$106.9M -30.3%
- VANGUARD INTL EQUITY INDEX F-$89.9M -24.8%
- VANGUARD INTL EQUITY INDEX F-$89.7M -99.4%
- DIMENSIONAL ETF TRUST-$73.3M -34.5%
- VANGUARD SCOTTSDALE FDS-$66.7M -37.4%
New Positions
- VANGUARD MUN BD FDS$10.7M
- TORO CO$5.5M
- ROSS STORES INC$3.7M
- SMITHFIELD FOODS INC$3.6M
- HALLIBURTON CO$3.3M
Exited Positions
- JANUS HENDERSON GROUP PLC$5.3M
- VALARIS LTD$2.7M
- CENCORA INC$2.1M
- PAYLOCITY HLDG CORP$2.1M
- ITT INC$1.9M
Kestra Investment Management, LLC 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 | ISHARES TR | IUSV | 464287663 | $491.7M | 9.53% | 4,464,120 | SH |
| 2 | SPDR SERIES TRUST | SPYG | 78464A409 | $347.5M | 6.73% | 2,920,221 | SH |
| 3 | VANGUARD INTL EQUITY INDEX F | VEU | 922042775 | $273.3M | 5.29% | 3,263,559 | SH |
| 4 | ISHARES TR | IUSB | 46434V613 | $246.3M | 4.77% | 5,336,406 | SH |
| 5 | ISHARES TR | IUSG | 464287671 | $207.7M | 4.02% | 1,322,967 | SH |
| 6 | AMERICAN CENTY ETF TR | AVEM | 025072604 | $181.9M | 3.52% | 1,885,486 | SH |
| 7 | DIMENSIONAL ETF TRUST | DFIV | 25434V807 | $139.2M | 2.70% | 2,576,518 | SH |
| 8 | VANGUARD INDEX FDS | VXF | 922908652 | $135.6M | 2.63% | 550,893 | SH |
| 9 | CAPITAL GROUP GROWTH ETF | CGGR | 14020G101 | $133.3M | 2.58% | 2,824,513 | SH |
| 10 | ISHARES TR | QUAL | 46432F339 | $130.3M | 2.52% | 593,900 | SH |
| 11 | CAPITAL GROUP DIVIDEND VALUE | CGDV | 14020W106 | $124.7M | 2.42% | 2,530,961 | SH |
| 12 | VANGUARD SCOTTSDALE FDS | VGIT | 92206C706 | $111.8M | 2.17% | 1,895,511 | SH |
| 13 | DIMENSIONAL ETF TRUST | DIHP | 25434V765 | $104.8M | 2.03% | 3,071,494 | SH |
| 14 | GLOBAL X FDS | PAVE | 37954Y673 | $97.0M | 1.88% | 1,646,301 | SH |
| 15 | FIDELITY COVINGTON TRUST | FTEC | 316092808 | $92.3M | 1.79% | 323,063 | SH |
| 16 | WISDOMTREE TR | DEM | 97717W315 | $90.2M | 1.75% | 1,677,279 | SH |
| 17 | DIMENSIONAL ETF TRUST | DFIC | 25434V799 | $83.3M | 1.61% | 2,234,347 | SH |
| 18 | VANGUARD WHITEHALL FDS | VWOB | 921946885 | $82.7M | 1.60% | 1,229,693 | SH |
| 19 | FIDELITY COVINGTON TRUST | FSMD | 316092527 | $76.1M | 1.47% | 1,439,993 | SH |
| 20 | BLACKROCK ETF TRUST II | BINC | 092528603 | $73.4M | 1.42% | 1,401,838 | SH |
| 21 | ISHARES TR | IVE | 464287408 | $71.7M | 1.39% | 315,993 | SH |
| 22 | VANECK ETF TRUST | MLN | 92189F536 | $70.6M | 1.37% | 3,967,998 | SH |
| 23 | SSGA ACTIVE ETF TR | TOTL | 78467V848 | $66.7M | 1.29% | 1,688,835 | SH |
| 24 | ISHARES TR | MUB | 464288414 | $66.4M | 1.29% | 616,563 | SH |
| 25 | VANGUARD CHARLOTTE FDS | BNDX | 92203J407 | $64.8M | 1.25% | 1,337,537 | SH |
| 26 | ISHARES TR | STIP | 46429B747 | $64.1M | 1.24% | 627,164 | SH |
| 27 | SPDR SERIES TRUST | SPTI | 78464A672 | $59.5M | 1.15% | 2,096,996 | SH |
| 28 | VANGUARD MUN BD FDS | VTEB | 922907746 | $57.9M | 1.12% | 1,144,888 | SH |
| 29 | DIMENSIONAL ETF TRUST | DFAI | 25434V203 | $51.4M | 1.00% | 1,246,705 | SH |
| 30 | ISHARES TR | LRGF | 46434V282 | $49.7M | 0.96% | 656,588 | SH |
| 31 | SPDR SERIES TRUST | ONEY | 78468R770 | $48.3M | 0.94% | 376,930 | SH |
| 32 | FIDELITY COVINGTON TRUST | FDVV | 316092840 | $41.8M | 0.81% | 692,813 | SH |
| 33 | ISHARES TR | IAGG | 46435G672 | $40.7M | 0.79% | 804,432 | SH |
| 34 | VANGUARD SCOTTSDALE FDS | VMBS | 92206C771 | $40.3M | 0.78% | 859,919 | SH |
| 35 | BONDBLOXX ETF TRUST | XEMD | 09789C879 | $39.5M | 0.77% | 879,172 | SH |
| 36 | ISHARES TR | MBB | 464288588 | $37.4M | 0.72% | 395,483 | SH |
| 37 | ISHARES TR | INTF | 46434V274 | $31.5M | 0.61% | 768,961 | SH |
| 38 | NVIDIA CORPORATION | NVDA | 67066G104 | $30.9M | 0.60% | 154,521 | SH |
| 39 | CAPITAL GRP FIXED INCM ETF T | CGCP | 14020Y102 | $30.9M | 0.60% | 1,386,767 | SH |
| 40 | J P MORGAN EXCHANGE TRADED F | JPIB | 46641Q852 | $25.8M | 0.50% | 534,010 | SH |
| 41 | JANUS DETROIT STR TR | JMBS | 47103U852 | $25.8M | 0.50% | 573,031 | SH |
| 42 | BONDBLOXX ETF TRUST | XFIV | 09789C838 | $25.2M | 0.49% | 517,038 | SH |
| 43 | CAPITAL GROUP EQUITY ETF TR | CGMM | 14022A102 | $24.5M | 0.48% | 744,539 | SH |
| 44 | APPLE INC | AAPL | 037833100 | $23.0M | 0.45% | 79,480 | SH |
| 45 | AMERICAN CENTY ETF TR | AVLV | 025072349 | $22.6M | 0.44% | 247,841 | SH |
| 46 | CAPITAL GRP FIXED INCM ETF T | CGIB | 14020Y706 | $22.4M | 0.43% | 877,172 | SH |
| 47 | SCHWAB STRATEGIC TR | SCHO | 808524862 | $21.5M | 0.42% | 891,421 | SH |
| 48 | MICROSOFT CORP | MSFT | 594918104 | $21.4M | 0.41% | 57,275 | SH |
| 49 | CAPITAL GROUP GBL GROWTH EQT | CGGO | 14020X104 | $20.5M | 0.40% | 483,526 | SH |
| 50 | VANGUARD INDEX FDS | VO | 922908629 | $19.9M | 0.38% | 246,644 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-05 | $5.16B | 519 | 0001962449-26-000004 |
| 2026-03-31 | 2026-05-11 | $5.80B | 439 | 0001962449-26-000002 |
| 2025-12-31 | 2026-02-09 | $4.09B | 429 | 0001962449-26-000001 |
| 2025-09-30 | 2025-11-17 | $3.73B | 433 | 0001962449-25-000007 |
Filer Information
Address
5707 SOUTHWEST PARKWAYBUILDING 2, SUITE 400
AUSTIN, TX 78735
Phone
(844) 553-7872
Filing Manager
Kestra Investment Management, LLC
AUSTIN, TX
Signatory
Stephen Smith
Chief Compliance Officer