KELMAN-LAZAROV, INC.

Filed: 2/6/2023ACC: 0001398344-23-002139

📋 What this filing means

KELMAN-LAZAROV, INC. filed this quarterly 13F‑HR report disclosing 91 equity positions with a total reported market value of $355.40M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$355.40M

Total AUM (reported)

6.09M

Total Shares

Allocation by class

SCHWAB FDT US LG$40.15M11.3%

MRNGSTR WDE MOAT$34.33M9.7%

US LCAP GR ETF$30.06M8.5%

ACTIVEBETA US LG$28.93M8.1%

ACTIVEBETA INT$26.30M7.4%

0-5 YR TIPS ETF$21.05M5.9%

0-5YR INVT GR CP$16.09M4.5%

Portfolio Concentration

Top 3$104.54M29.4%

4–10$129.51M36.4%

11–25$75.50M21.2%

Rest$45.85M12.9%

Top 3 weight

29.4%

Top 10 weight

65.9%

Voting Authority Distribution

Total shares with voting rights: 6.09M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

6.09M

% of voting shares100.0%

Investment Discretion (by position count)

Sole91

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings91

Rows:

SCHWAB STRATEGIC TR

SOLE

SCHWAB FDT US LG

Shares751.26K

TypeSH

Market value$40.15M

11.30%

Sole

0.00

Shared

0.00

None

751.26K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares528.92K

TypeSH

Market value$34.33M

9.66%

Sole

0.00

Shared

0.00

None

528.92K

SCHWAB STRATEGIC TR

SOLE

US LCAP GR ETF

Shares541.11K

TypeSH

Market value$30.06M

8.46%

Sole

0.00

Shared

0.00

None

541.11K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US LG

Shares380.02K

TypeSH

Market value$28.93M

8.14%

Sole

0.00

Shared

0.00

None

380.02K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA INT

Shares913.96K

TypeSH

Market value$26.30M

7.40%

Sole

0.00

Shared

0.00

None

913.96K

ISHARES TR

SOLE

0-5 YR TIPS ETF

Shares217.06K

TypeSH

Market value$21.05M

5.92%

Sole

0.00

Shared

0.00

None

217.06K

ISHARES TR

SOLE

0-5YR INVT GR CP

Shares336.11K

TypeSH

Market value$16.09M

4.53%

Sole

0.00

Shared

0.00

None

336.11K

SPDR SER TR

SOLE

BLOOMBERG 3-12 M

Shares126.53K

TypeSH

Market value$12.56M

3.54%

Sole

0.00

Shared

0.00

None

126.53K

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares163.44K

TypeSH

Market value$12.30M

3.46%

Sole

0.00

Shared

0.00

None

163.44K

SCHWAB STRATEGIC TR

SOLE

SCHWB FDT EMK LG

Shares495.34K

TypeSH

Market value$12.27M

3.45%

Sole

0.00

Shared

0.00

None

495.34K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares121.89K

TypeSH

Market value$11.54M

3.25%

Sole

0.00

Shared

0.00

None

121.89K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares33.70K

TypeSH

Market value$10.41M

2.93%

Sole

0.00

Shared

0.00

None

33.70K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares34.15K

TypeSH

Market value$8.26M

2.32%

Sole

0.00

Shared

0.00

None

34.15K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares221.77K

TypeSH

Market value$7.14M

2.01%

Sole

0.00

Shared

0.00

None

221.77K

VANGUARD BD INDEX FDS

SOLE

INTERMED TERM

Shares82.56K

TypeSH

Market value$6.14M

1.73%

Sole

0.00

Shared

0.00

None

82.56K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares114.44K

TypeSH

Market value$5.66M

1.59%

Sole

0.00

Shared

0.00

None

114.44K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares89.84K

TypeSH

Market value$4.53M

1.28%

Sole

0.00

Shared

0.00

None

89.84K

PIMCO ETF TR

SOLE

1-5 US TIP IDX

Shares79.05K

TypeSH

Market value$3.94M

1.11%

Sole

0.00

Shared

0.00

None

79.05K

AMERICAN CENTY ETF TR

SOLE

INTL EQT ETF

Shares58.50K

TypeSH

Market value$3.11M

0.88%

Sole

0.00

Shared

0.00

None

58.50K

INVESCO EXCH TRADED FD TR II

SOLE

S&P 500 REVENUE

Shares36.58K

TypeSH

Market value$2.71M

0.76%

Sole

0.00

Shared

0.00

None

36.58K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares6.69K

TypeSH

Market value$2.56M

0.72%

Sole

0.00

Shared

0.00

None

6.69K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares33.85K

TypeSH

Market value$2.55M

0.72%

Sole

0.00

Shared

0.00

None

33.85K

ISHARES TR

SOLE

MSCI CHINA ETF

Shares52.72K

TypeSH

Market value$2.50M

0.70%

Sole

0.00

Shared

0.00

None

52.72K

SCHWAB STRATEGIC TR

SOLE

SCHWB FDT INT SC

Shares71.58K

TypeSH

Market value$2.24M

0.63%

Sole

0.00

Shared

0.00

None

71.58K

APPLE INC

SOLE

COM

Shares17.02K

TypeSH

Market value$2.21M

0.62%

Sole

0.00

Shared

0.00

None

17.02K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SCHWAB STRATEGIC TRSOLE	SCHWAB FDT US LG	751.26K	SH	$40.15M 11.30%	751.26K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	528.92K	SH	$34.33M 9.66%	528.92K
SCHWAB STRATEGIC TRSOLE	US LCAP GR ETF	541.11K	SH	$30.06M 8.46%	541.11K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US LG	380.02K	SH	$28.93M 8.14%	380.02K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA INT	913.96K	SH	$26.30M 7.40%	913.96K
ISHARES TRSOLE	0-5 YR TIPS ETF	217.06K	SH	$21.05M 5.92%	217.06K
ISHARES TRSOLE	0-5YR INVT GR CP	336.11K	SH	$16.09M 4.53%	336.11K
SPDR SER TRSOLE	BLOOMBERG 3-12 M	126.53K	SH	$12.56M 3.54%	126.53K
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	163.44K	SH	$12.30M 3.46%	163.44K
SCHWAB STRATEGIC TRSOLE	SCHWB FDT EMK LG	495.34K	SH	$12.27M 3.45%	495.34K
ISHARES TRSOLE	CORE S&P SCP ETF	121.89K	SH	$11.54M 3.25%	121.89K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	33.70K	SH	$10.41M 2.93%	33.70K
ISHARES TRSOLE	CORE S&P MCP ETF	34.15K	SH	$8.26M 2.32%	34.15K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	221.77K	SH	$7.14M 2.01%	221.77K
VANGUARD BD INDEX FDSSOLE	INTERMED TERM	82.56K	SH	$6.14M 1.73%	82.56K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	114.44K	SH	$5.66M 1.59%	114.44K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	89.84K	SH	$4.53M 1.28%	89.84K
PIMCO ETF TRSOLE	1-5 US TIP IDX	79.05K	SH	$3.94M 1.11%	79.05K
AMERICAN CENTY ETF TRSOLE	INTL EQT ETF	58.50K	SH	$3.11M 0.88%	58.50K
INVESCO EXCH TRADED FD TR IISOLE	S&P 500 REVENUE	36.58K	SH	$2.71M 0.76%	36.58K
SPDR S&P 500 ETF TRSOLE	TR UNIT	6.69K	SH	$2.56M 0.72%	6.69K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	33.85K	SH	$2.55M 0.72%	33.85K
ISHARES TRSOLE	MSCI CHINA ETF	52.72K	SH	$2.50M 0.70%	52.72K
SCHWAB STRATEGIC TRSOLE	SCHWB FDT INT SC	71.58K	SH	$2.24M 0.63%	71.58K
APPLE INCSOLE	COM	17.02K	SH	$2.21M 0.62%	17.02K

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