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Livermore
Livermore
ZHEN

Keel Point, LLC

SEC CIK
0001386935
Latest filing
Aug 14, 2026

The latest 13F from Keel Point, LLC covers Q2 2026 (filed Aug 14, 2026): 514 long positions worth $1.69B. The top 10 holdings make up 46.7% of the portfolio, and the largest is Vanguard S&P 500 ETF at 22.6%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
75
Est. +$22.0M
Added
250
Est. +$121.5M
Reduced
144
Est. −$68.3M
Sold out
21
Est. −$8.09M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    22.6%$383.0M
  2. Vanguard Ftse Developed Markets ETF921943858
    5.6%$94.1M
  3. iShares Core U.S. Aggregate Bond ETF464287226
    3.1%$53.0M
  4. iShares Tr464287622
    3.0%$50.1M
  5. NFLXNetflix Inc
    2.7%$45.9MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard S&P 500 ETF922908363
    +$42.8MAdded
  2. Vanguard Ftse Developed Markets ETF921943858
    +$13.8MAdded
  3. American Centy ETF Tr025072349
    +$6.41MAdded
  4. iShares Core S&P Mid-Cap ETF464287507
    +$6.23MAdded
  5. CATCaterpillar Inc
    +$3.86MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Vanguard S&P 500 ETF922908363
    +2.78 pp19.8% → 22.6%
  2. Vanguard Ftse Developed Markets ETF921943858
    +0.72 pp4.8% → 5.6%
  3. American Centy ETF Tr025072349
    +0.38 pp<0.1% → 0.4%
  4. iShares Core S&P Mid-Cap ETF464287507
    +0.37 pp0.2% → 0.6%
  5. CATCaterpillar Inc
    +0.28 pp0.2% → 0.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. SPYSPDR S&P 500 ETF Trust
    −$28.4MReducedHistory
  2. iShares MSCI Eafe ETF464287465
    −$8.99MReduced
  3. EXPDExpeditors International of Washington Inc
    −$2.79MReducedHistory
  4. Vanguard Intl Equity Index F922042866
    −$2.46MReduced
  5. iShares Tr464288760
    −$2.34MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. SPYSPDR S&P 500 ETF Trust
    −1.64 pp3.4% → 1.8%History
  2. NFLXNetflix Inc
    −1.46 pp4.2% → 2.7%History
  3. iShares MSCI Eafe ETF464287465
    −0.68 pp2.6% → 1.9%
  4. SLViShares Silver Trust
    −0.30 pp0.7% → 0.4%History
  5. iShares Tr464287440
    −0.27 pp1.9% → 1.6%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$1.69B
+$201.2M (+13.5%) vs. prior quarter
Positions
514
+54 vs. prior quarter
Top 10 concentration
46.7%
Top 10 as share of value
Turnover
4.8%
Q2 2026, one quarter
Average holding period
19.2 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $1.69B (Q2 2026)

Q1 2021: $930.6MQ2 2021: $837.6MQ3 2021: $719.5MQ4 2021: $689.6MQ1 2022: $655.7MQ2 2022: $640.6MQ3 2022: $582.5MQ4 2022: $637.0MQ1 2023: $692.2MQ2 2023: $748.9MQ3 2023: $729.3MQ4 2023: $837.4MQ1 2024: $966.7MQ2 2024: $1.11BQ3 2024: $1.20BQ4 2024: $1.25BQ1 2025: $1.29BQ2 2025: $1.51BQ3 2025: $1.62BQ4 2025: $1.66BQ1 2026: $1.49BQ2 2026: $1.69B
Q1 2021Q2 2026
13F filings of Keel Point, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 2026514$1.69BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFiShares Core U.S. Aggregate Bond ETFvs. Q1 2026SEC
Q1 2026Jun 1, 2026460$1.49BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFNFLXvs. Q4 2025SEC
Q4 2025Feb 12, 2026538$1.66BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFNFLXvs. Q3 2025SEC
Q3 2025Dec 16, 2025526$1.62BVanguard S&P 500 ETFNFLXSPYvs. Q2 2025SEC
Q2 2025Aug 15, 2025512$1.51BVanguard S&P 500 ETFNFLXSPYvs. Q1 2025SEC
Q1 2025May 15, 2025470$1.29BVanguard S&P 500 ETFSPYNFLXvs. Q4 2024SEC
Q4 2024Feb 14, 2025435$1.25BVanguard S&P 500 ETFSPYNFLXvs. Q3 2024SEC
Q3 2024Nov 14, 2024443$1.20BVanguard S&P 500 ETFSPYNFLXvs. Q2 2024SEC
Q2 2024Aug 14, 2024438$1.11BVanguard S&P 500 ETFSPYNFLXvs. Q1 2024SEC
Q1 2024Apr 16, 2024384$966.7MVanguard S&P 500 ETFSPYiShares Trvs. Q4 2023SEC
Q4 2023Jan 30, 2024351$837.4MVanguard S&P 500 ETFSPYiShares Trvs. Q3 2023SEC
Q3 2023Oct 26, 2023316$729.3MVanguard S&P 500 ETFSPYiShares Trvs. Q2 2023SEC
Q2 2023Jul 12, 2023315$748.9MVanguard S&P 500 ETFSPYiShares Trvs. Q1 2023SEC
Q1 2023Apr 3, 2023304$692.2MVanguard S&P 500 ETFSPYiShares Trvs. Q4 2022SEC
Q4 2022Jan 17, 2023293$637.0MVanguard S&P 500 ETFSPYiShares Trvs. Q3 2022SEC
Q3 2022Oct 5, 2022252$582.5MVanguard S&P 500 ETFSPYiShares Trvs. Q2 2022SEC
Q2 2022Aug 11, 2022257$640.6MVanguard S&P 500 ETFSPYiShares Trvs. Q1 2022SEC
Q1 2022Apr 27, 2022265$655.7MSPYVanguard S&P 500 ETFState Street SPDR Portfolio S&P 500 ETFvs. Q4 2021SEC
Q4 2021Jan 31, 2022269$689.6MVanguard S&P 500 ETFSPYGLDvs. Q3 2021SEC
Q3 2021Nov 4, 2021260$719.5MVanguard S&P 500 ETFSPYiShares Trvs. Q2 2021SEC
Q2 2021Aug 6, 2021Amended271$837.6MVanguard S&P 500 ETFiShares TrBANDvs. Q1 2021SEC
Q1 2021May 17, 2021275$930.6MVanguard S&P 500 ETFiShares TriShares Tr–SEC