Skip to main content

Keystone Financial Group

SEC CIK
0001729299
Latest filing
Jul 29, 2026

The latest 13F from Keystone Financial Group covers Q2 2026 (filed Jul 29, 2026): 567 long positions worth $1.69B. The top 10 holdings make up 34.7% of the portfolio, and the largest is Apple Inc. (AAPL) at 5.8%. Livermore has 26 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
61
Est. +$38.8M
Added
259
Est. +$87.1M
Reduced
174
Est. −$79.0M
Sold out
18
Est. −$10.8M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    5.8%$97.7MHistory
  2. SPYSPDR S&P 500 ETF Trust
    4.8%$80.5MHistory
  3. State Street SPDR Portfolio S&P 500 ETF78464A854
    4.2%$70.2M
  4. STXSeagate Technology Holdings plc
    3.6%$61.1MHistory
  5. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    3.1%$52.7M

Biggest buys

New and added positions, by estimated amount bought

  1. BlackRock ETF Trust09290C665
    +$7.70MNew
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$7.45MAdded
  3. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    +$7.17MAdded
  4. BlackRock ETF Trust09290C855
    +$7.08MAdded
  5. SPDR Series Trust78464A664
    +$5.31MAdded

Largest weight increases

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

  1. AMDAdvanced Micro Devices Inc
    +1.15 pp1.6% → 2.8%History
  2. STXSeagate Technology Holdings plc
    +0.87 pp2.8% → 3.6%History
  3. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    +0.56 pp2.6% → 3.1%
  4. BlackRock ETF Trust09290C665
    +0.46 pp0.0% → 0.5%
  5. State Street SPDR Portfolio S&P 500 ETF78464A854
    +0.42 pp3.7% → 4.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. J P Morgan Exchange Traded F46641Q761
    −$10.3MReduced
  2. SPYSPDR S&P 500 ETF Trust
    −$6.06MReducedHistory
  3. Vanguard Information Technology ETF92204A702
    −$5.34MReducedConverted for a 8-for-1 split
  4. BlackRock ETF Trust09290C848
    −$5.19MReduced
  5. iShares Core MSCI Emerging Markets ETF46434G103
    −$4.82MReduced

Largest weight decreases

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

  1. SPYSPDR S&P 500 ETF Trust
    −0.61 pp5.4% → 4.8%History
  2. J P Morgan Exchange Traded F46641Q761
    −0.59 pp0.8% → 0.2%
  3. BlackRock ETF Trust09290C848
    −0.36 pp0.6% → 0.2%
  4. NVDANVIDIA Corp
    −0.30 pp2.7% → 2.4%History
  5. iShares Core MSCI Emerging Markets ETF46434G103
    −0.25 pp1.4% → 1.1%

Metrics

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

Portfolio value
$1.69B
+$225.4M (+15.4%) vs. prior quarter
Positions
567
+43 vs. prior quarter
Top 10 concentration
34.7%
Top 10 as share of value
Turnover
5.7%
Q2 2026, one quarter
Average holding period
9.2 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

21 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: $513.4MQ2 2021: $552.1MQ3 2021: $552.7MQ4 2021: $609.6MQ1 2022: $588.9MQ2 2022: $504.6MQ3 2022: $493.2MQ4 2022: $506.5MQ2 2023: $588.0MQ3 2023: $597.1MQ4 2023: $575.2MQ1 2024: $686.5MQ2 2024: $279.2MQ3 2024: $781.4MQ4 2024: $1.02BQ1 2025: $983.7MQ2 2025: $1.11BQ3 2025: $1.31BQ4 2025: $1.35BQ1 2026: $1.46BQ2 2026: $1.69B
Q1 2021Q2 2026
13F filings of Keystone Financial Group by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 29, 2026567$1.69BAAPLSPYState Street SPDR Portfolio S&P 500 ETFvs. Q1 2026SEC
Q1 2026May 13, 2026524$1.46BAAPLSPYState Street SPDR Portfolio S&P 500 ETFvs. Q4 2025SEC
Q4 2025Feb 6, 2026454$1.35BAAPLSPYPLTRvs. Q3 2025SEC
Q3 2025Nov 17, 2025Amended424$1.31BSPYAAPLPLTRvs. Q2 2025SEC
Q2 2025Aug 13, 2025430$1.11BSPYAAPLState Street SPDR Portfolio S&P 500 ETFvs. Q1 2025SEC
Q1 2025May 13, 2025395$983.7MAAPLSPYState Street SPDR Portfolio S&P 500 ETFvs. Q4 2024SEC
Q4 2024Feb 13, 2025390$1.02BAAPLSPYState Street SPDR Portfolio S&P 500 ETFvs. Q3 2024SEC
Q3 2024Feb 19, 2025Amended373$781.4MSPYAAPLState Street SPDR Portfolio S&P 500 ETFvs. Q2 2024SEC
Q2 2024Jul 31, 2024169$279.2MAAPLMSFTNVDAvs. Q1 2024SEC
Q1 2024May 8, 2024347$686.5MSPYState Street SPDR Portfolio S&P 500 ETFAAPLvs. Q4 2023SEC
Q4 2023Feb 14, 2024Amended298$575.2MSPYState Street SPDR Portfolio S&P 500 ETFAAPLvs. Q3 2023SEC
Q3 2023Nov 6, 2023300$597.1MSPYState Street SPDR Portfolio S&P 500 ETFAAPLvs. Q2 2023SEC
Q2 2023Aug 7, 2023302$588.0MSPYAAPLFirst Tr Exchange-Traded FD–SEC
Q4 2022Feb 7, 2023285$506.5MSPYAAPLVictory Portfolios IIvs. Q3 2022SEC
Q3 2022Nov 10, 2022284$493.2MSPYAAPLVictory Portfolios IIvs. Q2 2022SEC
Q2 2022Aug 5, 2022291$504.6MSPYAAPLVictory Portfolios IIvs. Q1 2022SEC
Q1 2022May 13, 2022291$588.9MSPYAAPLVictory Portfolios IIvs. Q4 2021SEC
Q4 2021Feb 11, 2022304$609.6MSPYAAPLVictory Portfolios IIvs. Q3 2021SEC
Q3 2021Nov 12, 2021287$552.7MSPYAAPLVictory Portfolios IIvs. Q2 2021SEC
Q2 2021Aug 13, 2021289$552.1MSPYAAPLVictory Portfolios IIvs. Q1 2021SEC
Q1 2021May 11, 2021283$513.4MSPYAAPLVictory Portfolios II–SEC