David Kennon

SARASOTA, FLfiles as David Kennon Inc

$303m in 45 US stocks at the end of 30 June 2026. The top 10 are 72.8% of the money. It changed about 12.9% of the portfolio this quarter.

Value

$303m

Stocks

Top 10 share

72.8%

Turnover

12.9%

What changed this quarter

New

Bought for the first time this quarter.

Invesco Exch Traded FD TR IIQQQM
6.1% of the fund
Select Sector Spdr TRXLK
1.2% of the fund
Select Sector Spdr TRXLI
1.1% of the fund
Select Sector Spdr TRXLP
1.1% of the fund
Select Sector Spdr TRXLE
1.0% of the fund

Added

Bought more of a stock they already held.

None this quarter.

Cut

Sold some of their stake.

Vanguard Index FDSVTI
11.7% of the fund
-4%
Vanguard Index FDSVO
3.8% of the fund
-4%
Fidelity Comwlth TRONEQ
2.6% of the fund
-68%
Vanguard World FDVPU
1.8% of the fund
-38%
Vanguard BD Index FDSBND
1.0% of the fund
-8%
Invesco Exch Traded FD TR IISPHD
0.9% of the fund
-3%
Spdr Series TrustSPBO
0.5% of the fund
-7%
Vanguard Whitehall FDSVWOB
0.4% of the fund
-9%
Wisdomtree TRAGGY
0.4% of the fund
-5%
Global X FDSPFFD
0.2% of the fund
-15%
Vanguard World FDMGK
0.2% of the fund
-6%
Ishares TRUSHY
0.2% of the fund
-22%
Ishares TRSHYG
0.2% of the fund
-14%
RBB FDXBIL
<0.1% of the fund
-25%
IsharesCEMB
<0.1% of the fund
-16%

Sold out

Sold their entire stake.

Invesco Exchange Traded FD TDJD
-100%

Holdings

Vanguard Index FDSVOO
Share
25.7%
Value
$78m
Shares
113,227
Held
Vanguard Index FDSVTI
Share
11.7%
Value
$35m
Shares
95,930
-4%
Vanguard Star FDSVXUS
Share
6.6%
Value
$20m
Shares
232,552
Held
Invesco Exch Traded FD TR IIQQQM
Share
6.1%
Value
$18m
Shares
60,880
New
Vanguard BD Index FDSVUSB
Share
5.8%
Value
$18m
Shares
354,232
Held
Vanguard Index FDSVB
Share
4.7%
Value
$14m
Shares
46,823
Held
Vanguard Index FDSVO
Share
3.8%
Value
$12m
Shares
143,679
-4%
Fidelity Covington TrustFIDI
Share
3.1%
Value
$9m
Shares
340,918
Held
Vanguard Index FDSVNQ
Share
2.7%
Value
$8m
Shares
84,031
Held
Spdr Index SHS FDSSPEM
Share
2.6%
Value
$8m
Shares
152,251
Held
Fidelity Comwlth TRONEQ
Share
2.6%
Value
$8m
Shares
76,041
-68%
Vanguard Scottsdale FDSVGSH
Share
2.3%
Value
$7m
Shares
120,630
Held
Vanguard World FDVHT
Share
2.0%
Value
$6m
Shares
19,829
Held
Vanguard World FDVPU
Share
1.8%
Value
$5m
Shares
27,602
-38%
Vanguard World FDMGC
Share
1.5%
Value
$4m
Shares
16,168
Held
Ssga Active ETF TRULST
Share
1.4%
Value
$4m
Shares
106,107
Held
Goldman Sachs ETF TRGCOR
Share
1.3%
Value
$4m
Shares
94,106
Held
Select Sector Spdr TRXLK
Share
1.2%
Value
$4m
Shares
18,579
New
Select Sector Spdr TRXLI
Share
1.1%
Value
$3m
Shares
18,779
New
Ishares TRICSH
Share
1.1%
Value
$3m
Shares
67,495
Held
Ishares TRIGSB
Share
1.1%
Value
$3m
Shares
64,760
Held
Select Sector Spdr TRXLP
Share
1.1%
Value
$3m
Shares
39,182
New
Vanguard BD Index FDSBND
Share
1.0%
Value
$3m
Shares
42,239
-8%
Select Sector Spdr TRXLE
Share
1.0%
Value
$3m
Shares
57,428
New
BNY Mellon ETF TrustBKLC
Share
1.0%
Value
$3m
Shares
20,115
Held
Invesco Exch Traded FD TR IISPHD
Share
0.9%
Value
$3m
Shares
56,137
-3%
AppleAAPL
Share
0.9%
Value
$3m
Shares
8,911
Held
Ishares TRIWD
Share
0.7%
Value
$2m
Shares
8,424
Held
Spdr Series TrustSPBO
Share
0.5%
Value
$2m
Shares
52,207
-7%
Vanguard Whitehall FDSVWOB
Share
0.4%
Value
$1m
Shares
18,155
-9%
Wisdomtree TRAGGY
Share
0.4%
Value
$1m
Shares
24,427
-5%
Global X FDSPFFD
Share
0.2%
Value
$692,614
Shares
37,058
-15%
Amazon.comAMZN
Share
0.2%
Value
$672,595
Shares
2,822
Held
Vanguard World FDMGK
Share
0.2%
Value
$659,941
Shares
7,507
-6%
Ishares TRIVV
Share
0.2%
Value
$640,312
Shares
855
Held
State STR Spdr S&P 500 ETF TSPY
Share
0.2%
Value
$539,056
Shares
722
Held
Ishares TRUSHY
Share
0.2%
Value
$515,096
Shares
13,914
-22%
Ishares TRSHYG
Share
0.2%
Value
$471,811
Shares
11,125
-14%
Global X FDSBOTZ
Share
0.1%
Value
$388,126
Shares
10,230
Held
MicrosoftMSFT
Share
0.1%
Value
$315,197
Shares
845
Held
RBB FDXBIL
Share
<0.1%
Value
$272,000
Shares
5,440
-25%
Eli LillyLLY
Share
<0.1%
Value
$268,196
Shares
224
Held
Northern LTS FD TR IVBIBL
Share
<0.1%
Value
$250,273
Shares
4,324
Held
JPMorgan ChaseJPM
Share
<0.1%
Value
$233,059
Shares
712
Held
IsharesCEMB
Share
<0.1%
Value
$226,333
Shares
4,958
-16%

Company	Share of fund	Value	Shares	Change
Vanguard Index FDSVOO	25.7%	$78m	113,227	Held
Vanguard Index FDSVTI	11.7%	$35m	95,930	-4%
Vanguard Star FDSVXUS	6.6%	$20m	232,552	Held
Invesco Exch Traded FD TR IIQQQM	6.1%	$18m	60,880	New
Vanguard BD Index FDSVUSB	5.8%	$18m	354,232	Held
Vanguard Index FDSVB	4.7%	$14m	46,823	Held
Vanguard Index FDSVO	3.8%	$12m	143,679	-4%
Fidelity Covington TrustFIDI	3.1%	$9m	340,918	Held
Vanguard Index FDSVNQ	2.7%	$8m	84,031	Held
Spdr Index SHS FDSSPEM	2.6%	$8m	152,251	Held
Fidelity Comwlth TRONEQ	2.6%	$8m	76,041	-68%
Vanguard Scottsdale FDSVGSH	2.3%	$7m	120,630	Held
Vanguard World FDVHT	2.0%	$6m	19,829	Held
Vanguard World FDVPU	1.8%	$5m	27,602	-38%
Vanguard World FDMGC	1.5%	$4m	16,168	Held
Ssga Active ETF TRULST	1.4%	$4m	106,107	Held
Goldman Sachs ETF TRGCOR	1.3%	$4m	94,106	Held
Select Sector Spdr TRXLK	1.2%	$4m	18,579	New
Select Sector Spdr TRXLI	1.1%	$3m	18,779	New
Ishares TRICSH	1.1%	$3m	67,495	Held
Ishares TRIGSB	1.1%	$3m	64,760	Held
Select Sector Spdr TRXLP	1.1%	$3m	39,182	New
Vanguard BD Index FDSBND	1.0%	$3m	42,239	-8%
Select Sector Spdr TRXLE	1.0%	$3m	57,428	New
BNY Mellon ETF TrustBKLC	1.0%	$3m	20,115	Held
Invesco Exch Traded FD TR IISPHD	0.9%	$3m	56,137	-3%
AppleAAPL	0.9%	$3m	8,911	Held
Ishares TRIWD	0.7%	$2m	8,424	Held
Spdr Series TrustSPBO	0.5%	$2m	52,207	-7%
Vanguard Whitehall FDSVWOB	0.4%	$1m	18,155	-9%
Wisdomtree TRAGGY	0.4%	$1m	24,427	-5%
Global X FDSPFFD	0.2%	$692,614	37,058	-15%
Amazon.comAMZN	0.2%	$672,595	2,822	Held
Vanguard World FDMGK	0.2%	$659,941	7,507	-6%
Ishares TRIVV	0.2%	$640,312	855	Held
State STR Spdr S&P 500 ETF TSPY	0.2%	$539,056	722	Held
Ishares TRUSHY	0.2%	$515,096	13,914	-22%
Ishares TRSHYG	0.2%	$471,811	11,125	-14%
Global X FDSBOTZ	0.1%	$388,126	10,230	Held
MicrosoftMSFT	0.1%	$315,197	845	Held
RBB FDXBIL	<0.1%	$272,000	5,440	-25%
Eli LillyLLY	<0.1%	$268,196	224	Held
Northern LTS FD TR IVBIBL	<0.1%	$250,273	4,324	Held
JPMorgan ChaseJPM	<0.1%	$233,059	712	Held
IsharesCEMB	<0.1%	$226,333	4,958	-16%

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 13.1% since 30 June 2025.

Where the money is

Technology1.0%

Retail & consumer0.2%

Health care0.1%

Financial services0.1%

Other98.7%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.