Filed: 1/26/2026ACC: 0001398344-26-001181
📋 What this filing means
KELMAN-LAZAROV, INC. filed this quarterly 13F‑HR report disclosing 134 equity positions with a total reported market value of $700.25M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
134
Positions
$700.25M
Total AUM (reported)
12.76M
Total Shares
Allocation by class
FUNDAMENTAL US L$64.12M9.2%
US LCAP GR ETF$59.85M8.5%
MRNGSTR WDE MOAT$57.58M8.2%
STATE STREET SPD$36.91M5.3%
0-5 YR TIPS ETF$31.03M4.4%
ACTIVEBETA US LG$28.25M4.0%
US LRG CAP ETF$27.44M3.9%
Portfolio Concentration
Top 3$181.55M25.9%
4–10$195.82M28.0%
11–25$210.53M30.1%
Rest$112.35M16.0%
Top 3 weight
25.9%
Top 10 weight
53.9%
Voting Authority Distribution
Total shares with voting rights: 12.76M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
12.76M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole134
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings134
Rows:
SCHWAB STRATEGIC TR
SOLEShares2.36M
TypeSH
Market value$64.12M
9.16%
Sole
0.00
Shared
0.00
None
2.36M
SCHWAB STRATEGIC TR
SOLEShares1.83M
TypeSH
Market value$59.85M
8.55%
Sole
0.00
Shared
0.00
None
1.83M
VANECK ETF TRUST
SOLEShares556.02K
TypeSH
Market value$57.58M
8.22%
Sole
0.00
Shared
0.00
None
556.02K
SPDR SERIES TRUST
SOLEShares409.64K
TypeSH
Market value$32.86M
4.69%
Sole
0.00
Shared
0.00
None
409.64K
ISHARES TR
SOLEShares303.01K
TypeSH
Market value$31.03M
4.43%
Sole
0.00
Shared
0.00
None
303.01K
GOLDMAN SACHS ETF TR
SOLEShares213.42K
TypeSH
Market value$28.25M
4.03%
Sole
0.00
Shared
0.00
None
213.42K
SCHWAB STRATEGIC TR
SOLEShares1.02M
TypeSH
Market value$27.44M
3.92%
Sole
0.00
Shared
0.00
None
1.02M
AMERICAN CENTY ETF TR
SOLEShares326.36K
TypeSH
Market value$26.87M
3.84%
Sole
0.00
Shared
0.00
None
326.36K
ISHARES TR
SOLEShares209.26K
TypeSH
Market value$25.15M
3.59%
Sole
0.00
Shared
0.00
None
209.26K
PIMCO ETF TR
SOLEShares260.27K
TypeSH
Market value$24.23M
3.46%
Sole
0.00
Shared
0.00
None
260.27K
ISHARES TR
SOLEShares244.34K
TypeSH
Market value$23.27M
3.32%
Sole
0.00
Shared
0.00
None
244.34K
SCHWAB STRATEGIC TR
SOLEShares607.76K
TypeSH
Market value$21.92M
3.13%
Sole
0.00
Shared
0.00
None
607.76K
SCHWAB STRATEGIC TR
SOLEShares475.26K
TypeSH
Market value$21.17M
3.02%
Sole
0.00
Shared
0.00
None
475.26K
VANGUARD BD INDEX FDS
SOLEShares266.40K
TypeSH
Market value$21.00M
3.00%
Sole
0.00
Shared
0.00
None
266.40K
GOLDMAN SACHS ETF TR
SOLEShares468.35K
TypeSH
Market value$20.11M
2.87%
Sole
0.00
Shared
0.00
None
468.35K
ISHARES TR
SOLEShares272.80K
TypeSH
Market value$18.00M
2.57%
Sole
0.00
Shared
0.00
None
272.80K
BERKSHIRE HATHAWAY INC DEL
SOLEShares32.26K
TypeSH
Market value$16.21M
2.32%
Sole
0.00
Shared
0.00
None
32.26K
GMO ETF TRUST
SOLEShares365.86K
TypeSH
Market value$14.07M
2.01%
Sole
0.00
Shared
0.00
None
365.86K
PIMCO ETF TR
SOLEShares503.90K
TypeSH
Market value$13.44M
1.92%
Sole
0.00
Shared
0.00
None
503.90K
SCHWAB STRATEGIC TR
SOLEShares398.59K
TypeSH
Market value$9.58M
1.37%
Sole
0.00
Shared
0.00
None
398.59K
VANGUARD INDEX FDS
SOLEShares16.05K
TypeSH
Market value$7.83M
1.12%
Sole
0.00
Shared
0.00
None
16.05K
PIMCO ETF TR
SOLEShares135.06K
TypeSH
Market value$7.25M
1.03%
Sole
0.00
Shared
0.00
None
135.06K
PIMCO ETF TR
SOLEShares138.19K
TypeSH
Market value$6.97M
1.00%
Sole
0.00
Shared
0.00
None
138.19K
AMERICAN CENTY ETF TR
SOLEShares70.33K
TypeSH
Market value$5.42M
0.77%
Sole
0.00
Shared
0.00
None
70.33K
PIMCO ETF TR
SOLEShares81.91K
TypeSH
Market value$4.29M
0.61%
Sole
0.00
Shared
0.00
None
81.91K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SCHWAB STRATEGIC TRSOLE | FUNDAMENTAL US L | 2.36M | SH | $64.12M 9.16% | 0.00 | 0.00 | 2.36M |
SCHWAB STRATEGIC TRSOLE | US LCAP GR ETF | 1.83M | SH | $59.85M 8.55% | 0.00 | 0.00 | 1.83M |
VANECK ETF TRUSTSOLE | MRNGSTR WDE MOAT | 556.02K | SH | $57.58M 8.22% | 0.00 | 0.00 | 556.02K |
SPDR SERIES TRUSTSOLE | STATE STREET SPD | 409.64K | SH | $32.86M 4.69% | 0.00 | 0.00 | 409.64K |
ISHARES TRSOLE | 0-5 YR TIPS ETF | 303.01K | SH | $31.03M 4.43% | 0.00 | 0.00 | 303.01K |
GOLDMAN SACHS ETF TRSOLE | ACTIVEBETA US LG | 213.42K | SH | $28.25M 4.03% | 0.00 | 0.00 | 213.42K |
SCHWAB STRATEGIC TRSOLE | US LRG CAP ETF | 1.02M | SH | $27.44M 3.92% | 0.00 | 0.00 | 1.02M |
AMERICAN CENTY ETF TRSOLE | INTL EQT ETF | 326.36K | SH | $26.87M 3.84% | 0.00 | 0.00 | 326.36K |
ISHARES TRSOLE | CORE S&P SCP ETF | 209.26K | SH | $25.15M 3.59% | 0.00 | 0.00 | 209.26K |
PIMCO ETF TRSOLE | ACTIVE BD ETF | 260.27K | SH | $24.23M 3.46% | 0.00 | 0.00 | 260.27K |
ISHARES TRSOLE | MBS ETF | 244.34K | SH | $23.27M 3.32% | 0.00 | 0.00 | 244.34K |
SCHWAB STRATEGIC TRSOLE | FUNDAMENTAL EMER | 607.76K | SH | $21.92M 3.13% | 0.00 | 0.00 | 607.76K |
SCHWAB STRATEGIC TRSOLE | FUNDAMENTAL INTL | 475.26K | SH | $21.17M 3.02% | 0.00 | 0.00 | 475.26K |
VANGUARD BD INDEX FDSSOLE | SHORT TRM BOND | 266.40K | SH | $21.00M 3.00% | 0.00 | 0.00 | 266.40K |
GOLDMAN SACHS ETF TRSOLE | ACTIVEBETA INT | 468.35K | SH | $20.11M 2.87% | 0.00 | 0.00 | 468.35K |
ISHARES TRSOLE | CORE S&P MCP ETF | 272.80K | SH | $18.00M 2.57% | 0.00 | 0.00 | 272.80K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 32.26K | SH | $16.21M 2.32% | 0.00 | 0.00 | 32.26K |
GMO ETF TRUSTSOLE | GMO US QUALITY E | 365.86K | SH | $14.07M 2.01% | 0.00 | 0.00 | 365.86K |
PIMCO ETF TRSOLE | MULTISECTOR BD | 503.90K | SH | $13.44M 1.92% | 0.00 | 0.00 | 503.90K |
SCHWAB STRATEGIC TRSOLE | INTL EQTY ETF | 398.59K | SH | $9.58M 1.37% | 0.00 | 0.00 | 398.59K |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 16.05K | SH | $7.83M 1.12% | 0.00 | 0.00 | 16.05K |
PIMCO ETF TRSOLE | 1-5 US TIP IDX | 135.06K | SH | $7.25M 1.03% | 0.00 | 0.00 | 135.06K |
PIMCO ETF TRSOLE | SHTRM MUN BD ACT | 138.19K | SH | $6.97M 1.00% | 0.00 | 0.00 | 138.19K |
AMERICAN CENTY ETF TRSOLE | AVANTIS EMGMKT | 70.33K | SH | $5.42M 0.77% | 0.00 | 0.00 | 70.33K |
PIMCO ETF TRSOLE | INTER MUN BD ACT | 81.91K | SH | $4.29M 0.61% | 0.00 | 0.00 | 81.91K |
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