Skip to main content
Livermore
Livermore
ZHEN

Key Financial Inc

SEC CIK
0001801720
Latest filing
Jul 24, 2026

The latest 13F from Key Financial Inc covers Q2 2026 (filed Jul 24, 2026): 1,356 long positions worth $610.6M. The top 10 holdings make up 29.6% of the portfolio, and the largest is Apple Inc. (AAPL) at 4.9%. 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
74
Est. +$6.51M
Added
157
Est. +$20.8M
Reduced
246
Est. −$27.4M
Sold out
112
Est. −$4.10M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    4.9%$29.7MHistory
  2. WisdomTree Tr97717W794
    3.7%$22.8M
  3. WisdomTree Tr97717W844
    3.4%$20.9M
  4. WisdomTree Tr97717W562
    3.3%$19.9M
  5. State Street SPDR S&P 600 Small Cap Value ETF78464A300
    3.2%$19.7M

Biggest buys

New and added positions, by estimated amount bought

  1. Doubleline ETF Trust25861R402
    +$3.76MNew
  2. XOMExxonMobil Holdings Corp
    +$3.46MAddedHistory
  3. Invesco Exch TRD SLF Idx FD46138J510
    +$2.33MAdded
  4. iShares U.S. Treasury Bond ETF46429B267
    +$2.00MAdded
  5. JPMorgan Ultra-Short Income ETF46641Q837
    +$1.67MAdded

Largest weight increases

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

  1. Doubleline ETF Trust25861R402
    +0.62 pp0.0% → 0.6%
  2. Invesco Exch TRD SLF Idx FD46138J510
    +0.31 pp0.8% → 1.1%
  3. WisdomTree Tr97717W562
    +0.29 pp3.0% → 3.3%
  4. iShares Tr464288885
    +0.26 pp1.8% → 2.0%
  5. JPMorgan Ultra-Short Income ETF46641Q837
    +0.25 pp0.2% → 0.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CATCaterpillar Inc
    −$2.13MReducedHistory
  2. JPMJPMorgan Chase & Co
    −$1.44MReducedHistory
  3. WisdomTree Tr97717W794
    −$1.12MReduced
  4. IDCCInterDigital, Inc.
    −$992.9KReducedHistory
  5. SBSCompanhia de Saneamento Basico Do Estado de Sao Paulo-Sabesp
    −$865.8KReducedConverted for a 5-for-1 splitHistory

Largest weight decreases

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

  1. CATCaterpillar Inc
    −0.22 pp0.3% → 0.1%History
  2. JPMJPMorgan Chase & Co
    −0.21 pp1.2% → 0.9%History
  3. IDCCInterDigital, Inc.
    −0.20 pp0.2% → <0.1%History
  4. Invesco Exch TRD SLF Idx FD46138J486
    −0.19 pp0.6% → 0.4%
  5. First Tr Exch Traded FD III33739P855
    −0.17 pp1.3% → 1.2%

Metrics

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

Portfolio value
$610.6M
+$48.8M (+8.7%) vs. prior quarter
Positions
1,356
−38 vs. prior quarter
Top 10 concentration
29.6%
Top 10 as share of value
Turnover
4.7%
Q2 2026, one quarter
Average holding period
19.8 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 $610.6M (Q2 2026)

Q1 2021: $151.7MQ2 2021: $179.0MQ3 2021: $176.7MQ4 2021: $199.7MQ1 2022: $201.2MQ2 2022: $184.7MQ3 2022: $212.7MQ4 2022: $211.7MQ1 2023: $274.3MQ2 2023: $301.8MQ3 2023: $296.6MQ4 2023: $365.9MQ1 2024: $392.2MQ2 2024: $417.2MQ3 2024: $452.5MQ4 2024: $439.9MQ1 2025: $459.5MQ2 2025: $496.9MQ3 2025: $541.2MQ4 2025: $547.9MQ1 2026: $561.8MQ2 2026: $610.6M
Q1 2021Q2 2026
13F filings of Key Financial Inc by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 24, 20261,356$610.6MAAPLWisdomTree TrWisdomTree Trvs. Q1 2026SEC
Q1 2026Apr 24, 20261,394$561.8MAAPLWisdomTree TrWisdomTree Trvs. Q4 2025SEC
Q4 2025Feb 9, 20261,440$547.9MAAPLWisdomTree TrWisdomTree Trvs. Q3 2025SEC
Q3 2025Nov 5, 20251,459$541.2MAAPLWisdomTree TrWisdomTree Trvs. Q2 2025SEC
Q2 2025Aug 5, 20251,437$496.9MAAPLWisdomTree TrWisdomTree Trvs. Q1 2025SEC
Q1 2025May 1, 20251,383$459.5MAAPLWisdomTree TrWisdomTree Trvs. Q4 2024SEC
Q4 2024Jan 31, 20251,381$439.9MAAPLWisdomTree TrWisdomTree Trvs. Q3 2024SEC
Q3 2024Oct 29, 20241,351$452.5MAAPLFirst Tr Exch Traded FD IIIWisdomTree Trvs. Q2 2024SEC
Q2 2024Jul 30, 20241,339$417.2MAAPLWisdomTree TrFirst Tr Exch Traded FD IIIvs. Q1 2024SEC
Q1 2024May 13, 2024Amended1,308$392.2MAAPLFirst Tr Exch Traded FD IIIWisdomTree Trvs. Q4 2023SEC
Q4 2023Jan 31, 20241,316$365.9MAAPLFirst Tr Exch Traded FD IIIWisdomTree Trvs. Q3 2023SEC
Q3 2023Nov 1, 20231,341$296.6MAAPLWisdomTree TrWisdomTree Trvs. Q2 2023SEC
Q2 2023Jul 28, 20231,382$301.8MAAPLWisdomTree TrWisdomTree Trvs. Q1 2023SEC
Q1 2023May 2, 20231,166$274.3MAAPLWisdomTree TrWisdomTree Trvs. Q4 2022SEC
Q4 2022Jan 26, 20231,171$211.7MAAPLWisdomTree TrWisdomTree Trvs. Q3 2022SEC
Q3 2022Oct 28, 20221,183$212.7MAAPLWisdomTree TrWisdomTree Trvs. Q2 2022SEC
Q2 2022Jul 26, 20221,153$184.7MAAPLWisdomTree TrState Street SPDR S&P 600 Small Cap Value ETFvs. Q1 2022SEC
Q1 2022Apr 27, 20221,118$201.2MAAPLWisdomTree TrState Street SPDR S&P 600 Small Cap Value ETFvs. Q4 2021SEC
Q4 2021Jan 19, 2022997$199.7MAAPLMSFTWisdomTree Trvs. Q3 2021SEC
Q3 2021Nov 1, 2021948$176.7MAAPLDISState Street SPDR S&P 600 Small Cap Value ETFvs. Q2 2021SEC
Q2 2021Aug 2, 2021889$179.0MAAPLDISState Street SPDR S&P 600 Small Cap Value ETFvs. Q1 2021SEC
Q1 2021Apr 30, 2021803$151.7MAAPLDISState Street SPDR S&P 600 Small Cap Value ETF–SEC