KELMAN-LAZAROV, INC.

Filed: 8/4/2023ACC: 0001398344-23-014087

📋 What this filing means

KELMAN-LAZAROV, INC. filed this quarterly 13F‑HR report disclosing 97 equity positions with a total reported market value of $415.90M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$415.90M

Total AUM (reported)

6.46M

Total Shares

Allocation by class

SCHWAB FDT US LG$44.78M10.8%

MRNGSTR WDE MOAT$43.11M10.4%

US LCAP GR ETF$39.78M9.6%

ACTIVEBETA US LG$34.03M8.2%

ACTIVEBETA INT$29.00M7.0%

0-5 YR TIPS ETF$22.28M5.4%

COM$18.56M4.5%

Portfolio Concentration

Top 3$127.67M30.7%

4–10$144.67M34.8%

11–25$86.61M20.8%

Rest$56.94M13.7%

Top 3 weight

30.7%

Top 10 weight

65.5%

Voting Authority Distribution

Total shares with voting rights: 6.46M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

6.46M

% of voting shares100.0%

Investment Discretion (by position count)

Sole97

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings97

Rows:

SCHWAB STRATEGIC TR

SOLE

SCHWAB FDT US LG

Shares777.91K

TypeSH

Market value$44.78M

10.77%

Sole

0.00

Shared

0.00

None

777.91K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares540.34K

TypeSH

Market value$43.11M

10.37%

Sole

0.00

Shared

0.00

None

540.34K

SCHWAB STRATEGIC TR

SOLE

US LCAP GR ETF

Shares530.69K

TypeSH

Market value$39.78M

9.56%

Sole

0.00

Shared

0.00

None

530.69K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US LG

Shares389.80K

TypeSH

Market value$34.03M

8.18%

Sole

0.00

Shared

0.00

None

389.80K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA INT

Shares924.94K

TypeSH

Market value$29.00M

6.97%

Sole

0.00

Shared

0.00

None

924.94K

ISHARES TR

SOLE

0-5 YR TIPS ETF

Shares228.27K

TypeSH

Market value$22.28M

5.36%

Sole

0.00

Shared

0.00

None

228.27K

ISHARES TR

SOLE

GNMA BOND ETF

Shares405.47K

TypeSH

Market value$17.78M

4.27%

Sole

0.00

Shared

0.00

None

405.47K

SPDR SER TR

SOLE

BLOOMBERG 3-12 M

Shares144.91K

TypeSH

Market value$14.41M

3.47%

Sole

0.00

Shared

0.00

None

144.91K

SCHWAB STRATEGIC TR

SOLE

SCHWB FDT EMK LG

Shares527.51K

TypeSH

Market value$14.12M

3.40%

Sole

0.00

Shared

0.00

None

527.51K

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares172.79K

TypeSH

Market value$13.06M

3.14%

Sole

0.00

Shared

0.00

None

172.79K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares123.93K

TypeSH

Market value$12.35M

2.97%

Sole

0.00

Shared

0.00

None

123.93K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares33.75K

TypeSH

Market value$11.51M

2.77%

Sole

0.00

Shared

0.00

None

33.75K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares43.92K

TypeSH

Market value$11.48M

2.76%

Sole

0.00

Shared

0.00

None

43.92K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares218.54K

TypeSH

Market value$7.79M

1.87%

Sole

0.00

Shared

0.00

None

218.54K

VANGUARD BD INDEX FDS

SOLE

INTERMED TERM

Shares82.36K

TypeSH

Market value$6.20M

1.49%

Sole

0.00

Shared

0.00

None

82.36K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares108.09K

TypeSH

Market value$5.43M

1.31%

Sole

0.00

Shared

0.00

None

108.09K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares93.67K

TypeSH

Market value$5.04M

1.21%

Sole

0.00

Shared

0.00

None

93.67K

PIMCO ETF TR

SOLE

1-5 US TIP IDX

Shares99.57K

TypeSH

Market value$5.01M

1.20%

Sole

0.00

Shared

0.00

None

99.57K

AMERICAN CENTY ETF TR

SOLE

INTL EQT ETF

Shares65.37K

TypeSH

Market value$3.75M

0.90%

Sole

0.00

Shared

0.00

None

65.37K

GOLDMAN SACHS ETF TR

SOLE

ACCES TREASURY

Shares33.82K

TypeSH

Market value$3.38M

0.81%

Sole

0.00

Shared

0.00

None

33.82K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares11.44K

TypeSH

Market value$3.24M

0.78%

Sole

0.00

Shared

0.00

None

11.44K

APPLE INC

SOLE

COM

Shares15.84K

TypeSH

Market value$3.07M

0.74%

Sole

0.00

Shared

0.00

None

15.84K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares6.67K

TypeSH

Market value$2.95M

0.71%

Sole

0.00

Shared

0.00

None

6.67K

INVESCO EXCH TRADED FD TR II

SOLE

S&P 500 REVENUE

Shares36.50K

TypeSH

Market value$2.92M

0.70%

Sole

0.00

Shared

0.00

None

36.50K

MATTHEWS ASIA FDS

SOLE

CHINA ACTIVE ETF

Shares119K

TypeSH

Market value$2.49M

0.60%

Sole

0.00

Shared

0.00

None

119K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SCHWAB STRATEGIC TRSOLE	SCHWAB FDT US LG	777.91K	SH	$44.78M 10.77%	777.91K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	540.34K	SH	$43.11M 10.37%	540.34K
SCHWAB STRATEGIC TRSOLE	US LCAP GR ETF	530.69K	SH	$39.78M 9.56%	530.69K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US LG	389.80K	SH	$34.03M 8.18%	389.80K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA INT	924.94K	SH	$29.00M 6.97%	924.94K
ISHARES TRSOLE	0-5 YR TIPS ETF	228.27K	SH	$22.28M 5.36%	228.27K
ISHARES TRSOLE	GNMA BOND ETF	405.47K	SH	$17.78M 4.27%	405.47K
SPDR SER TRSOLE	BLOOMBERG 3-12 M	144.91K	SH	$14.41M 3.47%	144.91K
SCHWAB STRATEGIC TRSOLE	SCHWB FDT EMK LG	527.51K	SH	$14.12M 3.40%	527.51K
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	172.79K	SH	$13.06M 3.14%	172.79K
ISHARES TRSOLE	CORE S&P SCP ETF	123.93K	SH	$12.35M 2.97%	123.93K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	33.75K	SH	$11.51M 2.77%	33.75K
ISHARES TRSOLE	CORE S&P MCP ETF	43.92K	SH	$11.48M 2.76%	43.92K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	218.54K	SH	$7.79M 1.87%	218.54K
VANGUARD BD INDEX FDSSOLE	INTERMED TERM	82.36K	SH	$6.20M 1.49%	82.36K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	108.09K	SH	$5.43M 1.31%	108.09K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	93.67K	SH	$5.04M 1.21%	93.67K
PIMCO ETF TRSOLE	1-5 US TIP IDX	99.57K	SH	$5.01M 1.20%	99.57K
AMERICAN CENTY ETF TRSOLE	INTL EQT ETF	65.37K	SH	$3.75M 0.90%	65.37K
GOLDMAN SACHS ETF TRSOLE	ACCES TREASURY	33.82K	SH	$3.38M 0.81%	33.82K
VANGUARD INDEX FDSSOLE	GROWTH ETF	11.44K	SH	$3.24M 0.78%	11.44K
APPLE INCSOLE	COM	15.84K	SH	$3.07M 0.74%	15.84K
SPDR S&P 500 ETF TRSOLE	TR UNIT	6.67K	SH	$2.95M 0.71%	6.67K
INVESCO EXCH TRADED FD TR IISOLE	S&P 500 REVENUE	36.50K	SH	$2.92M 0.70%	36.50K
MATTHEWS ASIA FDSSOLE	CHINA ACTIVE ETF	119K	SH	$2.49M 0.60%	119K

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