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Asset Manager ← All Institutions

Kapstone Financial Advisors LLC

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

Q4 2025 · Filed 2026-02-05
Market Value
$201M
-5.3%
Holdings
138
+12
New Purchases
16
Added To
36
Closed
6
Reduced
38
Top 10 Concentration
55.6%
Turnover
15.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IVV 19.82% 17.90% +1.91% $40M
AAPL 11.29% 10.14% +1.15% $23M
IBIT 1.01% 0.00% +1.01% $2M
GOOGL 2.49% 1.82% +0.66% $5M
FBTC 0.43% 0.00% +0.43% $872K
GOOG 1.49% 1.09% +0.39% $3M
IVW 2.78% 2.52% +0.26% $6M
GLD 0.23% 0.00% +0.23% $453K
UBER 0.59% 0.38% +0.21% $1M
HDV 6.01% 5.81% +0.20% $12M
QQQ 2.16% 1.97% +0.19% $4M
CAH 0.58% 0.40% +0.18% $1M
MU 0.37% 0.21% +0.17% $750K
C 0.15% 0.00% +0.15% $292K
XOM 0.71% 0.57% +0.15% $1M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSTR 1.28% 10.93% -9.65% $3M
MSTY 0.00% 0.20% -0.20% $0
YNDX 0.00% 0.15% -0.15% $0
META 2.79% 2.91% -0.13% $6M
KMB 0.00% 0.12% -0.12% $0
ARM 0.00% 0.12% -0.12% $0
TMUS 0.00% 0.10% -0.10% $0
MTUM 0.00% 0.09% -0.09% $0
CRWV 0.10% 0.18% -0.08% $205K
PG 2.18% 2.26% -0.08% $4M
PAYX 0.39% 0.45% -0.05% $790K
MPC 0.42% 0.48% -0.05% $852K
AXON 0.29% 0.33% -0.04% $574K
MO 0.44% 0.48% -0.04% $876K
IRM 0.21% 0.25% -0.04% $423K

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 43 $130M 64.7%
Large Cap 65 $60M 29.9%
Mid Cap 10 $5M 2.3%
Small Cap 17 $5M 2.3%
Micro Cap 3 $2M 0.8%

Portfolio Analytics

Avg Market Cap
$368.9B
Median Market Cap
$85.5B
Avg P/E
34.9
Median P/E
23.7
Avg Dividend Yield
0.02%
Avg Beta
1.02
# Stocks
88
# ETFs / Funds
50

Top Holdings (138 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IVV 19.82% 58,139 $40M $684.94 $2M +1,349 +2.4%
2 AAPL 11.29% 83,423 $23M $271.86 $1M -1,099 -1.3%
3 HDV 6.01% 99,257 $12M $121.61 -$264K -1,473 -1.5%
4 PLTR 3.48% 39,300 $7M $177.75 -$363K -986 -2.5%
5 META 2.79% 8,478 $6M $660.09 -$586K +60 +0.7%
6 IVW 2.78% 45,327 $6M $123.26 $239K +1,024 +2.3%
7 MSFT 2.59% 10,754 $5M $483.63 -$227K +275 +2.6%
8 GOOGL 2.49% 15,967 $5M $313.00 $1M +40 +0.2%
9 PG 2.18% 30,583 $4M $143.31 -$408K -595 -1.9%
10 QQQ 2.16% 7,064 $4M $614.31 $163K +107 +1.5%
11 VYM 2.10% 29,395 $4M $143.52 -$69K -1,026 -3.4%
12 NVDA 1.83% 19,664 $4M $186.50 -$89K -471 -2.3%
13 IWF 1.74% 7,366 $3M $473.30 $35K -3 -0.0%
14 ABBV 1.56% 13,743 $3M $228.49 -$42K +1 +0.0%
15 BRK-B 1.49% 5,964 $3M $502.65 $118K +235 +4.1%
16 GOOG 1.49% 9,517 $3M $313.80 $665K -16 -0.2%
17 DVY 1.46% 20,794 $3M $141.14 -$193K -1,220 -5.5%
18 JPM 1.42% 8,864 $3M $322.22 $39K -66 -0.7%
19 MSTR 1.28% 16,934 $3M $151.95 -$21M -55,072 -76.5%
20 PM 1.11% 13,861 $2M $160.40 -$48K -139 -1.0%
21 IBIT 1.01% 40,965 $2M $49.65 +40,965 NEW
22 FTCS 0.97% 21,112 $2M $92.51 -$37K -141 -0.7%
23 AMZN 0.93% 8,132 $2M $230.82 -$7K -449 -5.2%
24 DGRO 0.82% 23,612 $2M $69.42 $32K
25 SPY 0.80% 2,344 $2M $681.92 $214K +266 +12.8%
26 JNJ 0.75% 7,247 $1M $206.95 $156K
27 FTGS 0.73% 41,227 $1M $35.35 -$40K -463 -1.1%
28 XOM 0.71% 11,916 $1M $120.34 $227K +1,210 +11.3%
29 LCNB 0.70% 86,067 $1M $16.39 $77K -2,869 -3.2%
30 CSCO 0.61% 15,816 $1M $77.03 $155K +275 +1.8%
31 UBER 0.59% 14,482 $1M $81.71 $386K +6,339 +77.8%
32 CAH 0.58% 5,646 $1M $205.50 $313K +245 +4.5%
33 V 0.52% 3,003 $1M $350.73 $23K -16 -0.5%
34 RDVY 0.51% 14,635 $1M $69.47 $35K +44 +0.3%
35 COST 0.45% 1,047 $903K $862.34 -$102K -39 -3.6%
36 MRK 0.45% 8,575 $903K $105.26 $193K +120 +1.4%
37 MO 0.44% 15,195 $876K $57.66 -$133K -80 -0.5%
38 FBTC 0.43% 11,435 $872K $76.23 +11,435 NEW
39 DUK 0.42% 7,282 $854K $117.21 $638 +390 +5.7%
40 MPC 0.42% 5,240 $852K $162.63 -$158K
41 ADI 0.39% 2,917 $791K $271.20 $119K +183 +6.7%
42 PAYX 0.39% 7,045 $790K $112.18 -$161K -460 -6.1%
43 RSPT 0.39% 17,280 $786K $45.51 $16K
44 MLM 0.39% 1,258 $783K $622.66 -$31K -34 -2.6%
45 BRK-A 0.38% 1 $755K $754,800.00 $600
46 MU 0.37% 2,628 $750K $285.41 $310K
47 VMC 0.36% 2,505 $714K $285.22 -$62K -20 -0.8%
48 ISRG 0.35% 1,248 $707K $566.36 $149K
49 HBAN 0.35% 40,122 $696K $17.35 $3K
50 CSX 0.34% 18,715 $678K $36.25 $12K -63 -0.3%
51 F-PD 0.33% 50,566 $663K $13.12 $59K
52 CMI 0.31% 1,222 $624K $510.25 $108K
53 HD 0.30% 1,734 $597K $344.10 -$106K
54 BAC 0.29% 10,722 $590K $55.00 -$6K -825 -7.1%
55 KO 0.29% 8,239 $576K $69.91 $71K +627 +8.2%
56 AXON 0.29% 1,010 $574K $567.93 -$122K +41 +4.2%
57 CVX 0.28% 3,642 $555K $152.41 -$14K -20 -0.6%
58 LMT 0.27% 1,126 $545K $483.67 -$17K
59 SDY 0.26% 3,806 $530K $139.16 $17K +143 +3.9%
60 SO 0.25% 5,663 $494K $87.20 -$43K
61 AXP 0.24% 1,304 $482K $369.95 $49K
62 GLD 0.23% 1,143 $453K $396.31 +1,143 NEW
63 IRM 0.21% 5,095 $423K $82.95 -$107K -100 -1.9%
64 DIA 0.21% 869 $418K $480.57 $15K
65 CINF 0.21% 2,539 $415K $163.30 $13K
66 DHI 0.20% 2,771 $399K $144.03 -$70K
67 MA 0.20% 689 $393K $570.88 $5K +6 +0.9%
68 IEFA 0.19% 4,158 $372K $89.46 $134K +1,437 +52.8%
69 NVS 0.18% 2,695 $372K $137.87 $26K
70 XLE 0.18% 8,176 $366K $44.71 -$32K +3,721 +83.5%
71 VTI 0.18% 1,074 $360K $335.27 $83K +229 +27.1%
72 PGR 0.17% 1,515 $345K $227.72 -$58K -117 -7.2%
73 BMY 0.17% 6,375 $344K $53.94 $56K
74 QTEC 0.17% 1,441 $332K $230.21 -$4K -22 -1.5%
75 NOBL 0.16% 3,169 $330K $104.07 $3K
76 FDX 0.16% 1,099 $317K $288.86 $47K -50 -4.3%
77 ANTM 0.16% 894 $313K $350.55 -$53K -239 -21.1%
78 KR 0.15% 4,983 $311K $62.48 -$25K
79 DAL 0.15% 4,375 $304K $69.40 $55K
80 IWB 0.15% 810 $302K $373.44 $6K
81 JEPQ 0.15% 5,197 $302K $58.12 $32K +510 +10.9%
82 DTD 0.15% 3,500 $297K $84.88 $3K
83 AGD 0.15% 25,325 $295K $11.66 $32K +5,575 +28.2%
84 BX 0.15% 1,911 $295K $154.14 $19K +296 +18.3%
85 BDJ 0.15% 30,936 $293K $9.48 $46K +3,775 +13.9%
86 IVE 0.15% 1,379 $292K $212.09 $8K +1 +0.1%
87 BA 0.15% 1,347 $292K $217.12 -$3K -20 -1.5%
88 C 0.15% 2,505 $292K $116.69 +2,505 NEW
89 QYLD 0.14% 16,397 $290K $17.67 $22K +675 +4.3%
90 MCK 0.14% 350 $287K $820.29 $14K -3 -0.8%
91 VV 0.14% 904 $285K $314.80 +904 NEW
92 FITB 0.14% 6,068 $284K $46.81 $14K
93 FOF 0.14% 21,390 $282K $13.20 $13K +770 +3.7%
94 LOW 0.14% 1,160 $280K $241.16 -$12K
95 XLF 0.14% 5,055 $277K $54.77 $5K
96 LLY 0.13% 252 $271K $1,074.68 +252 NEW
97 MCD 0.13% 868 $265K $305.63 -$44K -150 -14.7%
98 DIS 0.13% 2,258 $257K $113.77 -$2K
99 FTQI 0.12% 12,050 $251K $20.82 +12,050 NEW
100 ORCL 0.12% 1,275 $249K $194.91 -$38K +257 +25.2%

New Positions

SymbolValue% Port
IBIT $2M 1.01%
FBTC $872K 0.43%
GLD $453K 0.23%
C $292K 0.15%
VV $285K 0.14%
LLY $271K 0.13%
FTQI $251K 0.12%
AVGO $220K 0.11%
QQQI $219K 0.11%
XYLD $213K 0.11%
LRCX $211K 0.10%
NUE $210K 0.10%
IYY $207K 0.10%
BUZZ $206K 0.10%
GM $203K 0.10%

Sold Out Positions

SymbolValue% Port
KMB —%
MTUM —%
MSTY —%
TMUS —%
ARM —%
YNDX —%
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