KELMAN-LAZAROV, INC.

Filed: 10/30/2023ACC: 0001398344-23-019920

📋 What this filing means

KELMAN-LAZAROV, INC. filed this quarterly 13F‑HR report disclosing 96 equity positions with a total reported market value of $422.93M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$422.93M

Total AUM (reported)

6.78M

Total Shares

Allocation by class

SCHWAB FDT US LG$44.45M10.5%

MRNGSTR WDE MOAT$41.40M9.8%

US LCAP GR ETF$37.64M8.9%

ACTIVEBETA US LG$32.75M7.7%

ACTIVEBETA INT$28.07M6.6%

0-5 YR TIPS ETF$22.34M5.3%

ACTIVE BD ETF$17.17M4.1%

Portfolio Concentration

Top 3$123.49M29.2%

4–10$145.96M34.5%

11–25$97.20M23.0%

Rest$56.28M13.3%

Top 3 weight

29.2%

Top 10 weight

63.7%

Voting Authority Distribution

Total shares with voting rights: 6.78M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

6.78M

% of voting shares100.0%

Investment Discretion (by position count)

Sole96

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings96

Rows:

SCHWAB STRATEGIC TR

SOLE

SCHWAB FDT US LG

Shares794.19K

TypeSH

Market value$44.45M

10.51%

Sole

0.00

Shared

0.00

None

794.19K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares545.84K

TypeSH

Market value$41.40M

9.79%

Sole

0.00

Shared

0.00

None

545.84K

SCHWAB STRATEGIC TR

SOLE

US LCAP GR ETF

Shares517.64K

TypeSH

Market value$37.64M

8.90%

Sole

0.00

Shared

0.00

None

517.64K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US LG

Shares388.84K

TypeSH

Market value$32.75M

7.74%

Sole

0.00

Shared

0.00

None

388.84K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA INT

Shares934.72K

TypeSH

Market value$28.07M

6.64%

Sole

0.00

Shared

0.00

None

934.72K

ISHARES TR

SOLE

0-5 YR TIPS ETF

Shares230.47K

TypeSH

Market value$22.34M

5.28%

Sole

0.00

Shared

0.00

None

230.47K

PIMCO ETF TR

SOLE

ACTIVE BD ETF

Shares195.38K

TypeSH

Market value$17.17M

4.06%

Sole

0.00

Shared

0.00

None

195.38K

ISHARES TR

SOLE

GNMA BOND ETF

Shares402.08K

TypeSH

Market value$16.80M

3.97%

Sole

0.00

Shared

0.00

None

402.08K

SPDR SER TR

SOLE

BLOOMBERG 3-12 M

Shares151.66K

TypeSH

Market value$15.08M

3.57%

Sole

0.00

Shared

0.00

None

151.66K

SCHWAB STRATEGIC TR

SOLE

SCHWB FDT EMK LG

Shares524.25K

TypeSH

Market value$13.75M

3.25%

Sole

0.00

Shared

0.00

None

524.25K

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares180.36K

TypeSH

Market value$13.56M

3.21%

Sole

0.00

Shared

0.00

None

180.36K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares125.72K

TypeSH

Market value$11.86M

2.80%

Sole

0.00

Shared

0.00

None

125.72K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares33.78K

TypeSH

Market value$11.83M

2.80%

Sole

0.00

Shared

0.00

None

33.78K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares44.17K

TypeSH

Market value$11.02M

2.60%

Sole

0.00

Shared

0.00

None

44.17K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares218.08K

TypeSH

Market value$7.41M

1.75%

Sole

0.00

Shared

0.00

None

218.08K

PIMCO ETF TR

SOLE

1-5 US TIP IDX

Shares117.03K

TypeSH

Market value$5.86M

1.39%

Sole

0.00

Shared

0.00

None

117.03K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares117K

TypeSH

Market value$5.63M

1.33%

Sole

0.00

Shared

0.00

None

117K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares102.76K

TypeSH

Market value$5.42M

1.28%

Sole

0.00

Shared

0.00

None

102.76K

VANGUARD BD INDEX FDS

SOLE

INTERMED TERM

Shares73.94K

TypeSH

Market value$5.35M

1.26%

Sole

0.00

Shared

0.00

None

73.94K

MATTHEWS ASIA FDS

SOLE

CHINA ACTIVE ETF

Shares199.38K

TypeSH

Market value$4.09M

0.97%

Sole

0.00

Shared

0.00

None

199.38K

AMERICAN CENTY ETF TR

SOLE

INTL EQT ETF

Shares61.99K

TypeSH

Market value$3.45M

0.82%

Sole

0.00

Shared

0.00

None

61.99K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares11.28K

TypeSH

Market value$3.07M

0.73%

Sole

0.00

Shared

0.00

None

11.28K

GOLDMAN SACHS ETF TR

SOLE

ACCES TREASURY

Shares30.67K

TypeSH

Market value$3.07M

0.73%

Sole

0.00

Shared

0.00

None

30.67K

INVESCO EXCH TRADED FD TR II

SOLE

S&P 500 REVENUE

Shares35.94K

TypeSH

Market value$2.81M

0.66%

Sole

0.00

Shared

0.00

None

35.94K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares6.49K

TypeSH

Market value$2.77M

0.66%

Sole

0.00

Shared

0.00

None

6.49K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SCHWAB STRATEGIC TRSOLE	SCHWAB FDT US LG	794.19K	SH	$44.45M 10.51%	794.19K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	545.84K	SH	$41.40M 9.79%	545.84K
SCHWAB STRATEGIC TRSOLE	US LCAP GR ETF	517.64K	SH	$37.64M 8.90%	517.64K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US LG	388.84K	SH	$32.75M 7.74%	388.84K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA INT	934.72K	SH	$28.07M 6.64%	934.72K
ISHARES TRSOLE	0-5 YR TIPS ETF	230.47K	SH	$22.34M 5.28%	230.47K
PIMCO ETF TRSOLE	ACTIVE BD ETF	195.38K	SH	$17.17M 4.06%	195.38K
ISHARES TRSOLE	GNMA BOND ETF	402.08K	SH	$16.80M 3.97%	402.08K
SPDR SER TRSOLE	BLOOMBERG 3-12 M	151.66K	SH	$15.08M 3.57%	151.66K
SCHWAB STRATEGIC TRSOLE	SCHWB FDT EMK LG	524.25K	SH	$13.75M 3.25%	524.25K
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	180.36K	SH	$13.56M 3.21%	180.36K
ISHARES TRSOLE	CORE S&P SCP ETF	125.72K	SH	$11.86M 2.80%	125.72K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	33.78K	SH	$11.83M 2.80%	33.78K
ISHARES TRSOLE	CORE S&P MCP ETF	44.17K	SH	$11.02M 2.60%	44.17K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	218.08K	SH	$7.41M 1.75%	218.08K
PIMCO ETF TRSOLE	1-5 US TIP IDX	117.03K	SH	$5.86M 1.39%	117.03K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	117K	SH	$5.63M 1.33%	117K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	102.76K	SH	$5.42M 1.28%	102.76K
VANGUARD BD INDEX FDSSOLE	INTERMED TERM	73.94K	SH	$5.35M 1.26%	73.94K
MATTHEWS ASIA FDSSOLE	CHINA ACTIVE ETF	199.38K	SH	$4.09M 0.97%	199.38K
AMERICAN CENTY ETF TRSOLE	INTL EQT ETF	61.99K	SH	$3.45M 0.82%	61.99K
VANGUARD INDEX FDSSOLE	GROWTH ETF	11.28K	SH	$3.07M 0.73%	11.28K
GOLDMAN SACHS ETF TRSOLE	ACCES TREASURY	30.67K	SH	$3.07M 0.73%	30.67K
INVESCO EXCH TRADED FD TR IISOLE	S&P 500 REVENUE	35.94K	SH	$2.81M 0.66%	35.94K
SPDR S&P 500 ETF TRSOLE	TR UNIT	6.49K	SH	$2.77M 0.66%	6.49K

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