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Portfolio (Quarterly) Guide ↗

Kelman-Lazarov, Inc.

· CIK 0001672067
13F Portfolio $698M AUM 140 positions Filed Apr 27, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 11 New 58 Added 35 Reduced 5 Exited
Page 2 of 2  ·  35 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 IEFA ISHARES TR 8,731.0 $790K 0.11% -767.0 -8.1% $90.53 +7.5%
22 NSC NORFOLK SOUTHN CORP Industrials 2,753.0 $790K 0.11% -76.0 -2.7% $286.95 +4.6%
23 IWR ISHARES TR 7,283.0 $708K 0.10% -2K -21.4% $97.23 +11.6%
24 IBB ISHARES TR 3,257.0 $550K 0.08% -137.0 -4.0% $168.87 +2.8%
25 AXP AMERICAN EXPRESS CO Financial Services 1,657.0 $501K 0.07% -93.0 -5.3% $302.48 +11.7%
26 PEP PEPSICO INC Consumer Defensive 3,201.0 $497K 0.07% -151.0 -4.5% $155.30 -8.6%
27 MRK MERCK & CO INC Healthcare 3,542.0 $426K 0.06% -65.0 -1.8% $120.30 -5.3%
28 AVGO BROADCOM INC Technology 1,231.0 $381K 0.06% -670.0 -35.2% $309.51 +32.9%
29 NULG NUSHARES ETF TR 4,135.0 $376K 0.05% -22.0 -0.5% $90.95 +27.4%
30 ESGD ISHARES TR 3,920.0 $375K 0.05% -944.0 -19.4% $95.61 +7.9%
31 SCHV SCHWAB STRATEGIC TR 12,035.0 $367K 0.05% -2K -13.9% $30.50 +13.3%
32 SUSA ISHARES TR 2,630.0 $347K 0.05% -57.0 -2.1% $132.11 +16.0%
33 GBIL GOLDMAN SACHS ETF TR 3,289.0 $330K 0.05% -2K -37.7% $100.20 -0.1%
34 DIS DISNEY WALT CO Communication Services 3,364.0 $324K 0.05% -134.0 -3.8% $96.38 +7.8%
35 QCOM QUALCOMM INC Technology 1,820.0 $234K 0.03% -71.0 -3.8% $128.76 +75.6%
Page 2 of 2  ·  35 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 30.3%
Technology 18.5%
Communication Services 18.0%
Consumer Cyclical 10.4%
Consumer Defensive 10.0%
Healthcare 5.4%
Industrials 5.1%
Energy 1.8%
Utilities 0.6%