13F Insight
DOSSIER · 13F-HR · Q1 2026

Keystone Financial Planning, Inc.

$374M in tracked AUM across 40 positions as of Q1 2026.

KF
CIK 0001596906 · last filed Mar 31, 2026
Total AUM
$374M
as of Q1 2026
Holdings
40
—
positions
Whale Score
58
58
tracked
Activity
—
no data
changes this Q
AI Analysis · Q1 2026
Comprehensive Analysis of SEC 13F Filing: Keystone Financial Planning, Inc.
1. Portfolio Overview

The filing for Keystone Financial Planning, Inc. reveals a portfolio undergoing a massive structural transformation during the quarter ended December 31, 2025. The total portfolio value surged by 400.5%, growing from $68.89 million to $344.79 million. This dramatic increase in assets under management (AUM) correlates with a significant overhaul in investment strategy, evidenced by...

The portfolio currently consists of 44 holdings. Despite the increase in the number of positions, the portfolio has shifted away from a potentially diversified approach to one with a high concentration risk. The strategy appears to have pivoted toward a "core and satellite" model, or potentially a unified equity income strategy, where a single ETF dominates the asset allocation, supplemented by a select list of individual dividend-paying equities.

2. Key Holdings

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
SCHD
SCHWAB STRATEGIC TR
$208M6.8M55.4%02
VZ
VERIZON COMMUNICATIONS INC
$12M239K3.2%03
USB
US BANCORP
$12M224K3.1%04
MSFT
MICROSOFT CORP
$10M27K2.7%05
BTI
BRITISH AMERN TOB PLC
$10M167K2.6%06
BMY
BRISTOL-MYERS SQUIBB CO
$10M160K2.6%07
BNS
BANK NOVA SCOTIA B C
$10M139K2.6%08
CME
CME GROUP INC
$9M32K2.5%09
SPYD
SPDR SERIES TRUST
$9M196K2.4%10
UL
UNILEVER PLC
$9M153K2.3%

Filing history

2026Q1Mar 31
$374M▲ 8.6%
40 positionsView →2025Q4Dec 31
$345M▲ 0.2%
44 positionsView →2025Q3Sep 30
$344M▲ 4.0%
46 positionsView →2025Q2Jun 30
$331M▼ 1.4%
45 positionsLocked2025Q1Mar 31
$336M▲ 4.1%
46 positionsLocked2024Q4Dec 31
$322M▼ 2.4%
46 positionsLocked2024Q3Sep 30
$330M▲ 9.3%
47 positionsLocked2024Q2Jun 30
$302M▼ 2.0%
49 positionsLocked2024Q1Mar 31
$308M▲ 1.9%
49 positionsLocked2023Q4Dec 31
$303M▲ 5.7%
49 positionsLocked2023Q3Sep 30
$286M▼ 4.2%
48 positionsLocked2023Q2Jun 30
$299M▲ 1.6%
47 positionsLocked
Showing 12 of 48