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Asset Manager ← All Institutions

Kapstone Financial Advisors LLC

212 N. BROADWAY ST., LEBANON, OH 45036 • (937) 751-1000

Q3 2025 · Filed 2025-11-07
Market Value
$212M
+5.9%
Holdings
126
New Purchases
6
Added To
31
Closed
4
Reduced
51
Top 10 Concentration
60.5%
Turnover
7.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IVV 17.90% 16.50% +1.41% $38M
AAPL 10.14% 8.95% +1.19% $22M
PLTR 3.46% 2.67% +0.79% $7M
GOOGL 1.82% 1.43% +0.39% $4M
PM 1.07% 0.73% +0.34% $2M
QQQ 1.97% 1.64% +0.33% $4M
IVW 2.52% 2.22% +0.30% $5M
GOOG 1.09% 0.87% +0.23% $2M
ABBV 1.50% 1.30% +0.20% $3M
UBER 0.38% 0.21% +0.17% $798K
YNDX 0.15% 0.00% +0.15% $312K
JEPQ 0.13% 0.00% +0.13% $270K
MDY 0.10% 0.00% +0.10% $210K
SPLG 0.10% 0.00% +0.10% $204K
SPGI 0.10% 0.00% +0.10% $202K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSTR 10.93% 14.21% -3.28% $23M
META 2.91% 3.42% -0.51% $6M
CRM 0.00% 0.33% -0.33% $0
PG 2.26% 2.50% -0.25% $5M
FITB 0.13% 0.31% -0.18% $270K
FTGS 0.71% 0.83% -0.13% $1M
GILD 0.00% 0.10% -0.10% $0
EPD 0.00% 0.10% -0.10% $0
FTCS 0.94% 1.04% -0.10% $2M
ABFL 0.00% 0.10% -0.10% $0
PAYX 0.45% 0.54% -0.10% $951K
ANTM 0.17% 0.26% -0.09% $366K
PGR 0.19% 0.27% -0.08% $403K
AMZN 0.89% 0.97% -0.08% $2M
BRK-B 1.36% 1.43% -0.07% $3M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 56.8%
Technology 18.3%
Communication Services 6.2%
Consumer Defensive 4.7%
Healthcare 4.5%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 39 $125M 58.9%
Large Cap 62 $77M 36.4%
Mid Cap 7 $4M 1.9%
Small Cap 16 $5M 2.2%
Micro Cap 2 $1M 0.7%

Portfolio Analytics

Avg Market Cap
$375.6B
Median Market Cap
$93.1B
Avg P/E
33.9
Median P/E
22.2
Avg Dividend Yield
0.03%
Avg Beta
0.99
# Stocks
85
# ETFs / Funds
41

Top Holdings (126 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IVV 17.90% 56,790 $38M $669.30 $5M +3,507 +6.6%
2 MSTR 10.93% 72,006 $23M $322.21 -$5M +1,521 +2.2%
3 AAPL 10.14% 84,522 $22M $254.63 $4M -2,923 -3.3%
4 HDV 5.81% 100,730 $12M $122.45 $647K +979 +1.0%
5 PLTR 3.46% 40,286 $7M $182.42 $2M +947 +2.4%
6 META 2.91% 8,418 $6M $734.38 -$675K -872 -9.4%
7 MSFT 2.56% 10,479 $5M $517.96 $233K +36 +0.3%
8 IVW 2.52% 44,303 $5M $120.72 $890K +3,813 +9.4%
9 PG 2.26% 31,178 $5M $153.65 -$232K -346 -1.1%
10 VYM 2.02% 30,421 $4M $140.95 $101K -987 -3.1%
11 QQQ 1.97% 6,957 $4M $600.37 $883K +987 +16.5%
12 GOOGL 1.82% 15,927 $4M $243.10 $999K -375 -2.3%
13 NVDA 1.77% 20,135 $4M $186.58 $368K -1,315 -6.1%
14 IWF 1.63% 7,369 $3M $468.41 $323K
15 ABBV 1.50% 13,742 $3M $231.54 $579K -279 -2.0%
16 DVY 1.47% 22,014 $3M $142.10 $202K -17 -0.1%
17 BRK-B 1.36% 5,729 $3M $502.74 $22K -154 -2.6%
18 JPM 1.33% 8,930 $3M $315.43 $119K -376 -4.0%
19 GOOG 1.09% 9,533 $2M $243.55 $583K -268 -2.7%
20 PM 1.07% 14,000 $2M $162.20 $812K +5,991 +74.8%
21 FTCS 0.94% 21,253 $2M $93.64 -$91K -1,644 -7.2%
22 AMZN 0.89% 8,581 $2M $219.57 -$54K -252 -2.9%
23 DGRO 0.76% 23,612 $2M $68.08 $96K -20 -0.1%
24 FTGS 0.71% 41,690 $1M $35.91 -$172K -7,137 -14.6%
25 SPY 0.65% 2,078 $1M $666.18 $111K +17 +0.8%
26 JNJ 0.63% 7,247 $1M $185.42 $152K -557 -7.1%
27 LCNB 0.63% 88,936 $1M $14.99 $34K -500 -0.6%
28 XOM 0.57% 10,706 $1M $112.75 -$34K -804 -7.0%
29 CSCO 0.50% 15,541 $1M $68.42 -$15K
30 V 0.49% 3,019 $1M $341.40 -$4K +106 +3.6%
31 MPC 0.48% 5,240 $1M $192.74 -$72K -1,275 -19.6%
32 MO 0.48% 15,275 $1M $66.06 $106K -120 -0.8%
33 COST 0.47% 1,086 $1M $925.63 -$70K
34 RDVY 0.46% 14,591 $981K $67.26 $49K -263 -1.8%
35 PAYX 0.45% 7,505 $951K $126.76 -$140K
36 DUK 0.40% 6,892 $853K $123.75 $13K -225 -3.2%
37 CAH 0.40% 5,401 $848K $156.96 -$60K
38 MLM 0.38% 1,292 $814K $630.28 $92K -23 -1.8%
39 UBER 0.38% 8,143 $798K $97.97 $383K +3,698 +83.2%
40 VMC 0.37% 2,525 $777K $307.62 $73K -175 -6.5%
41 RSPT 0.36% 17,280 $770K $44.58 $66K
42 BRK-A 0.36% 1 $754K $754,200.00 $25K
43 MRK 0.33% 8,455 $710K $83.93 -$43K -1,047 -11.0%
44 HD 0.33% 1,734 $703K $405.19 $67K
45 AXON 0.33% 969 $695K $717.64 -$82K +30 +3.2%
46 HBAN 0.33% 40,122 $693K $17.27 $20K
47 ADI 0.32% 2,734 $672K $245.70 $21K
48 CSX 0.31% 18,778 $667K $35.51 $54K
49 F-PD 0.28% 50,566 $605K $11.96 -$22K -7,188 -12.4%
50 BAC 0.28% 11,547 $596K $51.59 $49K
51 CVX 0.27% 3,662 $569K $155.29 $55K +77 +2.1%
52 LMT 0.26% 1,126 $562K $499.21 $34K -15 -1.3%
53 ISRG 0.26% 1,248 $558K $447.23 -$52K +126 +11.2%
54 SO 0.25% 5,663 $537K $94.77 -$4K -222 -3.8%
55 IRM 0.25% 5,195 $530K $101.94 -$65K -597 -10.3%
56 CMI 0.24% 1,222 $516K $422.21 $116K
57 SDY 0.24% 3,663 $513K $140.05 $16K
58 KO 0.24% 7,612 $505K $66.32 -$39K -72 -0.9%
59 DHI 0.22% 2,771 $470K $169.47 $85K -215 -7.2%
60 MU 0.21% 2,628 $440K $167.32 $54K -504 -16.1%
61 MSTY 0.20% 31,047 $433K $13.96 $33K +12,970 +71.8%
62 AXP 0.20% 1,304 $433K $332.16 $17K
63 PGR 0.19% 1,632 $403K $246.95 -$141K -406 -19.9%
64 DIA 0.19% 869 $403K $463.74 $115K +216 +33.1%
65 CINF 0.19% 2,539 $401K $158.08 $23K
66 XLE 0.19% 4,455 $398K $89.34 -$80K -1,177 -20.9%
67 CRWV 0.18% 2,867 $392K $136.85 $67K +869 +43.5%
68 MA 0.18% 683 $388K $568.81 $38K +60 +9.6%
69 ANTM 0.17% 1,133 $366K $323.12 -$161K -222 -16.4%
70 NVS 0.16% 2,695 $346K $128.24 $19K
71 QTEC 0.16% 1,463 $336K $229.61 $25K
72 KR 0.16% 4,983 $336K $67.41 -$30K -115 -2.3%
73 NOBL 0.15% 3,169 $327K $103.07 $4K -36 -1.1%
74 YNDX 0.15% 2,777 $312K $112.27 +2,777 NEW
75 MCD 0.15% 1,018 $309K $303.89 $12K
76 FPX 0.14% 1,848 $307K $166.16 $73K +232 +14.4%
77 IWB 0.14% 810 $296K $365.48 $58K +110 +15.7%
78 BA 0.14% 1,367 $295K $215.83 -$45K -254 -15.7%
79 DTD 0.14% 3,500 $294K $84.00 $16K
80 VZ 0.14% 6,677 $293K $43.95 -$11K -353 -5.0%
81 LOW 0.14% 1,160 $292K $251.31 $63K +130 +12.6%
82 BMY 0.14% 6,375 $288K $45.10 -$44K -796 -11.1%
83 ORCL 0.13% 1,018 $286K $281.24 $64K +1 +0.1%
84 IVE 0.13% 1,378 $284K $206.45 $16K +2 +0.1%
85 VTI 0.13% 845 $277K $328.17 $20K
86 BX 0.13% 1,615 $276K $170.85 $34K
87 MCK 0.13% 353 $273K $772.54 $11K -4 -1.1%
88 XLF 0.13% 5,055 $272K $53.87 $8K
89 FDX 0.13% 1,149 $271K $235.81 $7K -12 -1.0%
90 FITB 0.13% 6,068 $270K $44.55 -$349K -9,000 -59.7%
91 JEPQ 0.13% 4,687 $270K $57.52 +4,687 NEW
92 FOF 0.13% 20,620 $269K $13.04 $34K +2,030 +10.9%
93 QYLD 0.13% 15,722 $267K $17.01 -$13K -1,045 -6.2%
94 AGD 0.12% 19,750 $263K $13.32 $64K +1,700 +9.4%
95 DIS 0.12% 2,258 $259K $114.50 -$65K -355 -13.6%
96 KMB 0.12% 2,071 $258K $124.34 -$9K
97 DAL 0.12% 4,375 $248K $56.75 -$48K -1,641 -27.3%
98 BDJ 0.12% 27,161 $247K $9.11 $26K +2,200 +8.8%
99 ARM 0.12% 1,743 $247K $141.49 -$35K
100 DOCU 0.11% 3,315 $239K $72.09 -$17K +30 +0.9%

New Positions

SymbolValue% Port
YNDX $312K 0.15%
JEPQ $270K 0.13%
MDY $210K 0.10%
SPLG $204K 0.10%
SPGI $202K 0.10%
MTUM $201K 0.09%

Sold Out Positions

SymbolValue% Port
CRM —%
EPD —%
GILD —%
ABFL —%
View SEC EDGAR Filings for Kapstone Financial Advisors LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms