Kestra Investment Management

AUSTIN, TXfiles as Kestra Investment Management, LLC

$5.2bn in 519 US stocks at the end of 30 June 2026. The top 10 are 44.3% of the money. It changed about 13.4% of the portfolio this quarter.

Value

$5.2bn

Stocks

519

Top 10 share

44.3%

Turnover

13.4%

What changed this quarter

New

Bought for the first time this quarter.

Vanguard MUN BD FDSVSDM
0.2% of the fund
ToroTTC
0.1% of the fund
Ross StoresROST
<0.1% of the fund
Smithfield FoodsSFD
<0.1% of the fund
HalliburtonHAL
<0.1% of the fund
First HorizonFHN
<0.1% of the fund
Agilent TechnologiesA
<0.1% of the fund
Ishares TRDMAX
<0.1% of the fund
FedEx Freight Holding CompanyFDXF
<0.1% of the fund
First TR Exchng Traded FD VIBUFR
<0.1% of the fund
Blackrock ETF TrustDYNF
<0.1% of the fund
IntelINTC
<0.1% of the fund
NewmontNEM
<0.1% of the fund
Taiwan Semiconductor ManufacturingTSM
<0.1% of the fund
IsharesIEMG
<0.1% of the fund
TechnipFMCFTI
<0.1% of the fund
Vanguard Scottsdale FDSVGLT
<0.1% of the fund
Elevance HealthELV
<0.1% of the fund
Ishares TRTOPT
<0.1% of the fund
International SeawaysINSW
<0.1% of the fund
Acuity Inc. (de)AYI
<0.1% of the fund
First TR Exchng Traded FD VIBUFZ
<0.1% of the fund
CNX ResourcesCNX
<0.1% of the fund
Vanguard Ultra-ShortVGUS
<0.1% of the fund
Ishares TRGOVT
<0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRIUSV
9.5% of the fund
+15%
Ishares TRIUSG
4.0% of the fund
+17%
Vanguard Index FDSVXF
2.6% of the fund
+8%
Vanguard Whitehall FDSVWOB
1.6% of the fund
+17%
Fidelity Covington TrustFSMD
1.5% of the fund
+17%
Vaneck ETF TrustMLN
1.4% of the fund
+22%
Vanguard MUN BD FDSVTEB
1.1% of the fund
+4%
Spdr Series TrustONEY
0.9% of the fund
+7%
Ishares TRIAGG
0.8% of the fund
+9%
Vanguard Scottsdale FDSVMBS
0.8% of the fund
+24%
Bondbloxx ETF TrustXEMD
0.8% of the fund
+74%
American Centy ETF TRAVLV
0.4% of the fund
+13%
Vanguard Index FDSVO
0.4% of the fund
+904%
AlphabetGOOGL
0.4% of the fund
+38%
Dimensional ETF TrustDFGX
0.3% of the fund
+30%
Dimensional ETF TrustDFSD
0.3% of the fund
+32%
Amazon.comAMZN
0.2% of the fund
+47%
Pimco ETF TRMUNI
0.2% of the fund
+19%
American Centy ETF TRAVIG
0.2% of the fund
+26%
Pgim ETF TRPAAA
0.2% of the fund
+32%
JPMorgan ChaseJPM
0.2% of the fund
+35%
Applied MaterialsAMAT
0.2% of the fund
+123%
BroadcomAVGO
0.2% of the fund
+10%
Capital GRP Fixed Incm ETF TCGSD
0.2% of the fund
+40%
Meta PlatformsMETA
0.2% of the fund
+39%

Cut

Sold some of their stake.

Spdr Series TrustSPYG
6.7% of the fund
-18%
Vanguard Intl Equity Index FVEU
5.3% of the fund
-33%
Ishares TRIUSB
4.8% of the fund
-30%
American Centy ETF TRAVEM
3.5% of the fund
-38%
Dimensional ETF TrustDFIV
2.7% of the fund
-36%
Capital Group Growth ETFCGGR
2.6% of the fund
-26%
Ishares TRQUAL
2.5% of the fund
-36%
Capital Group Dividend ValueCGDV
2.4% of the fund
-23%
Vanguard Scottsdale FDSVGIT
2.2% of the fund
-37%
Dimensional ETF TrustDIHP
2.0% of the fund
-40%
Global X FDSPAVE
1.9% of the fund
-39%
Fidelity Covington TrustFTEC
1.8% of the fund
-41%
Wisdomtree TRDEM
1.7% of the fund
-12%
Dimensional ETF TrustDFIC
1.6% of the fund
-13%
Blackrock ETF Trust IIBINC
1.4% of the fund
-24%
Ishares TRIVE
1.4% of the fund
-39%
Ssga Active ETF TRTOTL
1.3% of the fund
-15%
Ishares TRMUB
1.3% of the fund
-33%
Vanguard Charlotte FDSBNDX
1.3% of the fund
-38%
Ishares TRSTIP
1.2% of the fund
-32%
Spdr Series TrustSPTI
1.2% of the fund
-27%
Dimensional ETF TrustDFAI
1.0% of the fund
-31%
Ishares TRLRGF
1.0% of the fund
-32%
Fidelity Covington TrustFDVV
0.8% of the fund
-14%
Ishares TRMBB
0.7% of the fund
-27%

Sold out

Sold their entire stake.

Janus Henderson Group
-100%
ValarisVAL
-100%
CencoraCOR
-100%
Paylocity HoldingPCTY
-100%
ITTITT
-100%
Webster FinancialWBS
-100%
Vail ResortsMTN
-100%
FMCFMC
-100%
Kraft HeinzKHC
-100%
Ishares TRIEF
-100%
PerrigoPRGO
-100%
BJ's Wholesale Club HoldingsBJ
-100%
Nexstar Media GroupNXST
-100%
Ishares TRIWB
-100%
Hewlett Packard EnterpriseHPE
-100%
Honeywell InternationalHON
-100%
CSXCSX
-100%
Ishares TRUSIG
-100%
IdacorpIDA
-100%
PayPal HoldingsPYPL
-100%
Equitable HoldingsEQH
-100%
J P Morgan Exchange Traded FJIRE
-100%
Ishares TRSHY
-100%
Phillips 66PSX
-100%
Intercontinental ExchangeICE
-100%

Holdings

Ishares TRIUSV
Share
9.5%
Value
$492m
Shares
4,464,120
+15%
Spdr Series TrustSPYG
Share
6.7%
Value
$347m
Shares
2,920,221
-18%
Vanguard Intl Equity Index FVEU
Share
5.3%
Value
$273m
Shares
3,263,559
-33%
Ishares TRIUSB
Share
4.8%
Value
$246m
Shares
5,336,406
-30%
Ishares TRIUSG
Share
4.0%
Value
$208m
Shares
1,322,967
+17%
American Centy ETF TRAVEM
Share
3.5%
Value
$182m
Shares
1,885,486
-38%
Dimensional ETF TrustDFIV
Share
2.7%
Value
$139m
Shares
2,576,518
-36%
Vanguard Index FDSVXF
Share
2.6%
Value
$136m
Shares
550,893
+8%
Capital Group Growth ETFCGGR
Share
2.6%
Value
$133m
Shares
2,824,513
-26%
Ishares TRQUAL
Share
2.5%
Value
$130m
Shares
593,900
-36%
Capital Group Dividend ValueCGDV
Share
2.4%
Value
$125m
Shares
2,530,961
-23%
Vanguard Scottsdale FDSVGIT
Share
2.2%
Value
$112m
Shares
1,895,511
-37%
Dimensional ETF TrustDIHP
Share
2.0%
Value
$105m
Shares
3,071,494
-40%
Global X FDSPAVE
Share
1.9%
Value
$97m
Shares
1,646,301
-39%
Fidelity Covington TrustFTEC
Share
1.8%
Value
$92m
Shares
323,063
-41%
Wisdomtree TRDEM
Share
1.7%
Value
$90m
Shares
1,677,279
-12%
Dimensional ETF TrustDFIC
Share
1.6%
Value
$83m
Shares
2,234,347
-13%
Vanguard Whitehall FDSVWOB
Share
1.6%
Value
$83m
Shares
1,229,693
+17%
Fidelity Covington TrustFSMD
Share
1.5%
Value
$76m
Shares
1,439,993
+17%
Blackrock ETF Trust IIBINC
Share
1.4%
Value
$73m
Shares
1,401,838
-24%
Ishares TRIVE
Share
1.4%
Value
$72m
Shares
315,993
-39%
Vaneck ETF TrustMLN
Share
1.4%
Value
$71m
Shares
3,967,998
+22%
Ssga Active ETF TRTOTL
Share
1.3%
Value
$67m
Shares
1,688,835
-15%
Ishares TRMUB
Share
1.3%
Value
$66m
Shares
616,563
-33%
Vanguard Charlotte FDSBNDX
Share
1.3%
Value
$65m
Shares
1,337,537
-38%
Ishares TRSTIP
Share
1.2%
Value
$64m
Shares
627,164
-32%
Spdr Series TrustSPTI
Share
1.2%
Value
$60m
Shares
2,096,996
-27%
Vanguard MUN BD FDSVTEB
Share
1.1%
Value
$58m
Shares
1,144,888
+4%
Dimensional ETF TrustDFAI
Share
1.0%
Value
$51m
Shares
1,246,705
-31%
Ishares TRLRGF
Share
1.0%
Value
$50m
Shares
656,588
-32%
Spdr Series TrustONEY
Share
0.9%
Value
$48m
Shares
376,930
+7%
Fidelity Covington TrustFDVV
Share
0.8%
Value
$42m
Shares
692,813
-14%
Ishares TRIAGG
Share
0.8%
Value
$41m
Shares
804,432
+9%
Vanguard Scottsdale FDSVMBS
Share
0.8%
Value
$40m
Shares
859,919
+24%
Bondbloxx ETF TrustXEMD
Share
0.8%
Value
$39m
Shares
879,172
+74%
Ishares TRMBB
Share
0.7%
Value
$37m
Shares
395,483
-27%
Ishares TRINTF
Share
0.6%
Value
$31m
Shares
768,961
-11%
NvidiaNVDA
Share
0.6%
Value
$31m
Shares
154,521
-8%
Capital GRP Fixed Incm ETF TCGCP
Share
0.6%
Value
$31m
Shares
1,386,767
-31%
J P Morgan Exchange Traded FJPIB
Share
0.5%
Value
$26m
Shares
534,010
-20%
Janus Detroit STR TRJMBS
Share
0.5%
Value
$26m
Shares
573,031
-18%
Bondbloxx ETF TrustXFIV
Share
0.5%
Value
$25m
Shares
517,038
-19%
Capital Group Equity ETF TRCGMM
Share
0.5%
Value
$25m
Shares
744,539
-31%
AppleAAPL
Share
0.4%
Value
$23m
Shares
79,480
-4%
American Centy ETF TRAVLV
Share
0.4%
Value
$23m
Shares
247,841
+13%
Capital GRP Fixed Incm ETF TCGIB
Share
0.4%
Value
$22m
Shares
877,172
-30%
Schwab Strategic TRSCHO
Share
0.4%
Value
$22m
Shares
891,421
-26%
MicrosoftMSFT
Share
0.4%
Value
$21m
Shares
57,275
-3%
Capital Group GBL Growth EQTCGGO
Share
0.4%
Value
$20m
Shares
483,526
-33%
Vanguard Index FDSVO
Share
0.4%
Value
$20m
Shares
246,644
+904%
AlphabetGOOGL
Share
0.4%
Value
$19m
Shares
52,468
+38%
Dimensional ETF TrustDFGX
Share
0.3%
Value
$18m
Shares
337,014
+30%
Dimensional ETF TrustDFUS
Share
0.3%
Value
$15m
Shares
182,065
-28%
American Centy ETF TRAVUS
Share
0.3%
Value
$15m
Shares
113,808
-28%
Dimensional ETF TrustDFSD
Share
0.3%
Value
$13m
Shares
278,096
+32%
Amazon.comAMZN
Share
0.2%
Value
$12m
Shares
50,362
+47%
Pimco ETF TRMUNI
Share
0.2%
Value
$12m
Shares
224,493
+19%
American Centy ETF TRAVIG
Share
0.2%
Value
$12m
Shares
284,724
+26%
American Centy ETF TRAVUV
Share
0.2%
Value
$11m
Shares
85,683
-37%
Vanguard MUN BD FDSVSDM
Share
0.2%
Value
$11m
Shares
139,319
New
Pgim ETF TRPAAA
Share
0.2%
Value
$10m
Shares
202,779
+32%
JPMorgan ChaseJPM
Share
0.2%
Value
$10m
Shares
31,368
+35%
Micron TechnologyMU
Share
0.2%
Value
$10m
Shares
8,471
-55%
Applied MaterialsAMAT
Share
0.2%
Value
$10m
Shares
13,273
+123%
BroadcomAVGO
Share
0.2%
Value
$9m
Shares
25,117
+10%
Dimensional ETF TrustDFCF
Share
0.2%
Value
$9m
Shares
205,463
-39%
Capital GRP Fixed Incm ETF TCGSD
Share
0.2%
Value
$9m
Shares
336,049
+40%
Meta PlatformsMETA
Share
0.2%
Value
$8m
Shares
14,019
+39%
Listed FDS TRINFL
Share
0.2%
Value
$8m
Shares
155,518
+6%
American Centy ETF TRAVDV
Share
0.1%
Value
$8m
Shares
72,937
-37%
Ishares TRIVV
Share
0.1%
Value
$7m
Shares
9,837
+31%
Dell TechnologiesDELL
Share
0.1%
Value
$7m
Shares
15,834
-3%
Dimensional ETF TrustDFAS
Share
0.1%
Value
$7m
Shares
81,423
+40%
Vanguard Index FDSVOO
Share
0.1%
Value
$6m
Shares
8,999
+5%
Cisco SystemsCSCO
Share
0.1%
Value
$6m
Shares
51,908
-14%
QualcommQCOM
Share
0.1%
Value
$6m
Shares
30,602
-43%
ToroTTC
Share
0.1%
Value
$5m
Shares
55,960
New
Dimensional ETF TrustDUHP
Share
0.1%
Value
$5m
Shares
128,485
-35%
Johnson & JohnsonJNJ
Share
0.1%
Value
$5m
Shares
20,960
+14%
FedExFDX
Share
0.1%
Value
$5m
Shares
16,951
+81%
Morgan StanleyMS
Share
0.1%
Value
$5m
Shares
25,022
+1418%
Philip Morris InternationalPM
Share
<0.1%
Value
$5m
Shares
27,270
-7%
Tenet HealthcareTHC
Share
<0.1%
Value
$5m
Shares
26,366
+20%
QorvoQRVO
Share
<0.1%
Value
$5m
Shares
52,098
-18%
NetAppNTAP
Share
<0.1%
Value
$5m
Shares
30,803
+28%
Vanguard Index FDSVTI
Share
<0.1%
Value
$5m
Shares
12,270
+2%
Ameriprise FinancialAMP
Share
<0.1%
Value
$4m
Shares
9,544
+173%
AlphabetGOOG
Share
<0.1%
Value
$4m
Shares
12,252
+13%
TeslaTSLA
Share
<0.1%
Value
$4m
Shares
10,209
-3%
Calamos ETF TRCAIE
Share
<0.1%
Value
$4m
Shares
151,202
-10%
Keysight TechnologiesKEYS
Share
<0.1%
Value
$4m
Shares
11,174
-13%
Ishares TRIEFA
Share
<0.1%
Value
$4m
Shares
38,428
Held
Ross StoresROST
Share
<0.1%
Value
$4m
Shares
17,398
New
Berkshire HathawayBRK-B
Share
<0.1%
Value
$4m
Shares
7,285
+12%
US BancorpUSB
Share
<0.1%
Value
$4m
Shares
60,277
+28%
Smithfield FoodsSFD
Share
<0.1%
Value
$4m
Shares
149,357
New
Vanguard Index FDSVUG
Share
<0.1%
Value
$4m
Shares
41,733
+66%
Dollar GeneralDG
Share
<0.1%
Value
$3m
Shares
29,610
-6%
BorgwarnerBWA
Share
<0.1%
Value
$3m
Shares
51,285
-10%
United Parcel ServiceUPS
Share
<0.1%
Value
$3m
Shares
31,426
+20%

Company	Share of fund	Value	Shares	Change
Ishares TRIUSV	9.5%	$492m	4,464,120	+15%
Spdr Series TrustSPYG	6.7%	$347m	2,920,221	-18%
Vanguard Intl Equity Index FVEU	5.3%	$273m	3,263,559	-33%
Ishares TRIUSB	4.8%	$246m	5,336,406	-30%
Ishares TRIUSG	4.0%	$208m	1,322,967	+17%
American Centy ETF TRAVEM	3.5%	$182m	1,885,486	-38%
Dimensional ETF TrustDFIV	2.7%	$139m	2,576,518	-36%
Vanguard Index FDSVXF	2.6%	$136m	550,893	+8%
Capital Group Growth ETFCGGR	2.6%	$133m	2,824,513	-26%
Ishares TRQUAL	2.5%	$130m	593,900	-36%
Capital Group Dividend ValueCGDV	2.4%	$125m	2,530,961	-23%
Vanguard Scottsdale FDSVGIT	2.2%	$112m	1,895,511	-37%
Dimensional ETF TrustDIHP	2.0%	$105m	3,071,494	-40%
Global X FDSPAVE	1.9%	$97m	1,646,301	-39%
Fidelity Covington TrustFTEC	1.8%	$92m	323,063	-41%
Wisdomtree TRDEM	1.7%	$90m	1,677,279	-12%
Dimensional ETF TrustDFIC	1.6%	$83m	2,234,347	-13%
Vanguard Whitehall FDSVWOB	1.6%	$83m	1,229,693	+17%
Fidelity Covington TrustFSMD	1.5%	$76m	1,439,993	+17%
Blackrock ETF Trust IIBINC	1.4%	$73m	1,401,838	-24%
Ishares TRIVE	1.4%	$72m	315,993	-39%
Vaneck ETF TrustMLN	1.4%	$71m	3,967,998	+22%
Ssga Active ETF TRTOTL	1.3%	$67m	1,688,835	-15%
Ishares TRMUB	1.3%	$66m	616,563	-33%
Vanguard Charlotte FDSBNDX	1.3%	$65m	1,337,537	-38%
Ishares TRSTIP	1.2%	$64m	627,164	-32%
Spdr Series TrustSPTI	1.2%	$60m	2,096,996	-27%
Vanguard MUN BD FDSVTEB	1.1%	$58m	1,144,888	+4%
Dimensional ETF TrustDFAI	1.0%	$51m	1,246,705	-31%
Ishares TRLRGF	1.0%	$50m	656,588	-32%
Spdr Series TrustONEY	0.9%	$48m	376,930	+7%
Fidelity Covington TrustFDVV	0.8%	$42m	692,813	-14%
Ishares TRIAGG	0.8%	$41m	804,432	+9%
Vanguard Scottsdale FDSVMBS	0.8%	$40m	859,919	+24%
Bondbloxx ETF TrustXEMD	0.8%	$39m	879,172	+74%
Ishares TRMBB	0.7%	$37m	395,483	-27%
Ishares TRINTF	0.6%	$31m	768,961	-11%
NvidiaNVDA	0.6%	$31m	154,521	-8%
Capital GRP Fixed Incm ETF TCGCP	0.6%	$31m	1,386,767	-31%
J P Morgan Exchange Traded FJPIB	0.5%	$26m	534,010	-20%
Janus Detroit STR TRJMBS	0.5%	$26m	573,031	-18%
Bondbloxx ETF TrustXFIV	0.5%	$25m	517,038	-19%
Capital Group Equity ETF TRCGMM	0.5%	$25m	744,539	-31%
AppleAAPL	0.4%	$23m	79,480	-4%
American Centy ETF TRAVLV	0.4%	$23m	247,841	+13%
Capital GRP Fixed Incm ETF TCGIB	0.4%	$22m	877,172	-30%
Schwab Strategic TRSCHO	0.4%	$22m	891,421	-26%
MicrosoftMSFT	0.4%	$21m	57,275	-3%
Capital Group GBL Growth EQTCGGO	0.4%	$20m	483,526	-33%
Vanguard Index FDSVO	0.4%	$20m	246,644	+904%
AlphabetGOOGL	0.4%	$19m	52,468	+38%
Dimensional ETF TrustDFGX	0.3%	$18m	337,014	+30%
Dimensional ETF TrustDFUS	0.3%	$15m	182,065	-28%
American Centy ETF TRAVUS	0.3%	$15m	113,808	-28%
Dimensional ETF TrustDFSD	0.3%	$13m	278,096	+32%
Amazon.comAMZN	0.2%	$12m	50,362	+47%
Pimco ETF TRMUNI	0.2%	$12m	224,493	+19%
American Centy ETF TRAVIG	0.2%	$12m	284,724	+26%
American Centy ETF TRAVUV	0.2%	$11m	85,683	-37%
Vanguard MUN BD FDSVSDM	0.2%	$11m	139,319	New
Pgim ETF TRPAAA	0.2%	$10m	202,779	+32%
JPMorgan ChaseJPM	0.2%	$10m	31,368	+35%
Micron TechnologyMU	0.2%	$10m	8,471	-55%
Applied MaterialsAMAT	0.2%	$10m	13,273	+123%
BroadcomAVGO	0.2%	$9m	25,117	+10%
Dimensional ETF TrustDFCF	0.2%	$9m	205,463	-39%
Capital GRP Fixed Incm ETF TCGSD	0.2%	$9m	336,049	+40%
Meta PlatformsMETA	0.2%	$8m	14,019	+39%
Listed FDS TRINFL	0.2%	$8m	155,518	+6%
American Centy ETF TRAVDV	0.1%	$8m	72,937	-37%
Ishares TRIVV	0.1%	$7m	9,837	+31%
Dell TechnologiesDELL	0.1%	$7m	15,834	-3%
Dimensional ETF TrustDFAS	0.1%	$7m	81,423	+40%
Vanguard Index FDSVOO	0.1%	$6m	8,999	+5%
Cisco SystemsCSCO	0.1%	$6m	51,908	-14%
QualcommQCOM	0.1%	$6m	30,602	-43%
ToroTTC	0.1%	$5m	55,960	New
Dimensional ETF TrustDUHP	0.1%	$5m	128,485	-35%
Johnson & JohnsonJNJ	0.1%	$5m	20,960	+14%
FedExFDX	0.1%	$5m	16,951	+81%
Morgan StanleyMS	0.1%	$5m	25,022	+1418%
Philip Morris InternationalPM	<0.1%	$5m	27,270	-7%
Tenet HealthcareTHC	<0.1%	$5m	26,366	+20%
QorvoQRVO	<0.1%	$5m	52,098	-18%
NetAppNTAP	<0.1%	$5m	30,803	+28%
Vanguard Index FDSVTI	<0.1%	$5m	12,270	+2%
Ameriprise FinancialAMP	<0.1%	$4m	9,544	+173%
AlphabetGOOG	<0.1%	$4m	12,252	+13%
TeslaTSLA	<0.1%	$4m	10,209	-3%
Calamos ETF TRCAIE	<0.1%	$4m	151,202	-10%
Keysight TechnologiesKEYS	<0.1%	$4m	11,174	-13%
Ishares TRIEFA	<0.1%	$4m	38,428	Held
Ross StoresROST	<0.1%	$4m	17,398	New
Berkshire HathawayBRK-B	<0.1%	$4m	7,285	+12%
US BancorpUSB	<0.1%	$4m	60,277	+28%
Smithfield FoodsSFD	<0.1%	$4m	149,357	New
Vanguard Index FDSVUG	<0.1%	$4m	41,733	+66%
Dollar GeneralDG	<0.1%	$3m	29,610	-6%
BorgwarnerBWA	<0.1%	$3m	51,285	-10%
United Parcel ServiceUPS	<0.1%	$3m	31,426	+20%

Showing the largest 100 of 519.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is down 20.5% since 30 June 2025.

Where the money is

Technology3.7%

Financial services1.3%

Industrials1.0%

Retail & consumer0.9%

Health care0.9%

Media & telecom0.8%

Everyday goods0.5%

Energy0.3%

Real estate0.3%

Utilities0.2%

Materials0.2%

Other89.8%

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.