Q2 2026 13F · SEC CIK 2053642

Keystone Financial Group, Inc.

Wealth managerFiled 2026-07-21 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $190.5M
Reported positions: 122
Holdings vs S&P 500, 3 yrs: —
Assets under management: $247.4M

Keystone Financial Group, Inc. is a wealth manager that reported 122 positions worth $190.5M in its Q2 2026 13F, filed 2026-07-21. Its largest holdings were Dimensional US Core Equity Market ETF (DFAU, 16.8%), Vanguard Malvern Fds (VPLS, 11.9%), Schwab Strategic Tr (SCHD, 6.3%).

Keystone Financial Group, Inc. holdings largest 50 of 122 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Keystone Financial Group, Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
DFAUDimensional US Core Equity Market ETF	16.8%	14.2%	620,943	+2.4%	$32.1M
VPLSVanguard Malvern Fds	11.9%	11.0%	292,988	+7.4%	$22.7M
SCHDSchwab Strategic Tr	6.3%	6.2%	380,415	-2.9%	$12.1M
VIGVanguard Dividend Appreciation ETF	6.1%	5.4%	49,414	+2.0%	$11.7M
VSDMVanguard Mun Bd Fds	5.7%	4.4%	142,196	+26.8%	$10.9M
DFAXDimensional World Ex U.s. Core	5.2%	4.2%	269,575	+13.9%	$9.9M
VIGIVanguard Whitehall Fds	5.1%	4.7%	105,057	+2.3%	$9.8M
VCRMVanguard Mun Bd Fds	4.4%	2.3%	109,104	+82.9%	$8.3M
FBKFb Finl Corp	3.9%	3.6%	133,253	-0.7%	$7.4M
DFACDimensional U.s. Core Equity 2	3.6%	3.1%	152,808	+1.0%	$6.8M
DFSDDimensional ETF Trust	3.5%	4.0%	139,823	-13.1%	$6.7M
INMUBlackrock ETF Trust II	3.1%	3.5%	244,206	-13.4%	$5.9M
VSDBVanguard Malvern Fds	2.4%	1.9%	60,314	+25.0%	$4.6M
EMLPFirst Tr Exchange-Traded Fd	1.9%	1.9%	82,314	+0.8%	$3.6M
DFAWDimensional ETF Trust	1.6%	1.4%	35,717	-2.5%	$3.0M
USRTIshares Tr	1.5%	1.3%	44,189	+5.1%	$2.9M
ITOTIshares Total US Stock Market ETF	1.3%	1.2%	15,391	-3.1%	$2.5M
SGOViShares 0-3 Month Treasury Bon	1.2%	9.4%	22,958	-87.3%	$2.3M
VLUEIshares	1.2%	0.8%	11,234	+0.3%	$2.2M
IEFAIshares Core Msci Eafe ETF	0.9%	0.8%	16,856	+1.7%	$1.6M
VTIVanguard Index Fds	0.7%	0.8%	3,569	-21.5%	$1.3M
IXUSIshares Core Msci Total International St	0.7%	0.6%	13,389	-0.4%	$1.3M
SPTMSpdr Series Trust	0.7%	0.6%	13,863	-2.8%	$1.3M
IJRIshares Core S&p Small Cap ETF	0.6%	0.5%	7,977	-0.6%	$1.2M
ISTBIshares Tr	0.6%	0.6%	22,874	-1.2%	$1.1M
TFCTruist Financial Ord Shs	0.6%	0.5%	22,041	+1.0%	$1.1M
IEMGIshares	0.5%	0.4%	11,359	-2.8%	$941K
MEARIshares Short Maturity Municipal Bond Ac	0.5%	1.1%	17,820	-59.4%	$898K
VTVVanguard Value ETF	0.5%	0.4%	4,083	-1.0%	$890K
MTUMIshares Msci USA Momentum Factor ETF	0.4%	0.3%	2,426	+0.1%	$832K
BRTRBlackrock ETF Trust II	0.4%	0.4%	15,768	+0.0%	$794K
NVDANvidia Corporation Com	0.4%	0.3%	3,477	+0.1%	$696K
UCBIUnited Community Banks Inc of	0.3%	0.3%	18,245	+0.8%	$645K
VUGVanguard Indx Fd	0.3%	0.3%	7,193	+490.6%	$620K
USMVIshares Msci USA Min Volfctr ETF	0.2%	0.2%	4,689	+0.1%	$452K
SCHYSchwab Strategic Tr	0.2%	0.3%	13,479	-30.7%	$428K
JNJJohnson & Johnson	0.2%	0.2%	1,609	+0.3%	$409K
DFSUDimensional ETF Trust	0.2%	0.2%	8,563	+0.2%	$399K
TRVTravelers Companies Inc	0.2%	0.2%	1,139	+0.3%	$376K
BRK-BBerkshire Hathaway Inc Del	0.2%	0.2%	728	-3.7%	$364K
CSCOCisco Sys Inc	0.2%	—	3,047	—	$358K
IGSBIshares 1-3 Yr Credit Bond ETF	0.2%	0.2%	6,404	+1.2%	$336K
AMGNAmgen Inc Com	0.2%	0.2%	916	+0.4%	$332K
PFEBInnovator Etfs Trust	0.2%	0.2%	7,256	-8.8%	$312K
MSFTMicrosoft Corp	0.2%	0.1%	780	+0.1%	$291K
WECWEC Energy Group Inc.	0.1%	0.1%	2,432	+0.4%	$284K
SOSouthern Co.	0.1%	0.1%	2,875	+0.0%	$275K
IUSGiShares ETFs/USA	0.1%	—	1,436	—	$270K
ABBVAbbvie Inc	0.1%	—	1,045	—	$263K
ENFRAlps ETF Tr	0.1%	0.1%	6,883	-1.5%	$262K

What Keystone Financial Group, Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

VUG Vanguard Indx Fd+490.6% shares
VCRM Vanguard Mun Bd Fds+82.9% shares
VSDM Vanguard Mun Bd Fds+26.8% shares
VSDB Vanguard Malvern Fds+25.0% shares
DFAX Dimensional World Ex U.s. Core+13.9% shares
VPLS Vanguard Malvern Fds+7.4% shares
USRT Ishares Tr+5.1% shares

Reduced

SGOV iShares 0-3 Month Treasury Bon-87.3% shares
MEAR Ishares Short Maturity Municipal Bond Ac-59.4% shares
SCHY Schwab Strategic Tr-30.7% shares
VTI Vanguard Index Fds-21.5% shares
INMU Blackrock ETF Trust II-13.4% shares
DFSD Dimensional ETF Trust-13.1% shares
PFEB Innovator Etfs Trust-8.8% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +10.5% /yr; S&P 500 +20.1%
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$190.5M	122
Q1 2026	$192.4M	134
Q4 2025	$191.0M	136
Q3 2025	$177.4M	130
Q2 2025	$157.0M	148
Q1 2025	$142.0M	156
Q4 2024	$123.5M	160

Questions about Keystone Financial Group, Inc.'s portfolio

What stocks does Keystone Financial Group, Inc. own?

Keystone Financial Group, Inc.'s latest 13F, for Q2 2026 and filed Jul 21, 2026, lists 122 positions worth $190.5M. The largest are Dimensional US Core Equity Market ETF (DFAU) at 16.8%, Vanguard Malvern Fds (VPLS) at 11.9%, Schwab Strategic Tr (SCHD) at 6.3%, Vanguard Dividend Appreciation ETF (VIG) at 6.1% and Vanguard Mun Bd Fds (VSDM) at 5.7%.

What did Keystone Financial Group, Inc. buy last quarter?

In Q2 2026, Keystone Financial Group, Inc. added Vanguard Indx Fd (VUG) (+490.6% shares), Vanguard Mun Bd Fds (VCRM) (+82.9% shares) and Vanguard Mun Bd Fds (VSDM) (+26.8% shares), compared with its Q1 2026 filing.

What did Keystone Financial Group, Inc. sell last quarter?

In Q2 2026, Keystone Financial Group, Inc. cut from its top 50 Ishares Tr (SHV), cut from its top 50 Ishares Silver Tr (SLV), cut from its top 50 Vanguard Instl Index Fd (VBIL), iShares 0-3 Month Treasury Bon (SGOV) (-87.3% shares), Ishares Short Maturity Municipal Bond Ac (MEAR) (-59.4% shares) and Schwab Strategic Tr (SCHY) (-30.7% shares), compared with its Q1 2026 filing.

When is Keystone Financial Group, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Keystone Financial Group, Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Keystone Financial Group, Inc. manage?

Keystone Financial Group, Inc. reported $247.4M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $190.5M.