KELMAN-LAZAROV, INC.

PrivateCIK: 1672067

Location

MEMPHIS, TN

140

Positions

$697.58M

Total AUM (reported)

12.92M

Total Shares

Allocation by class

FUNDAMENTAL US L$66.04M9.5%

US LCAP GR ETF$54.50M7.8%

MRNGSTR WDE MOAT$54.25M7.8%

STATE STREET SPD$37.82M5.4%

0-5 YR TIPS ETF$32.22M4.6%

INTL EQT ETF$30.07M4.3%

US LRG CAP ETF$26.46M3.8%

Portfolio Concentration

Top 3$174.79M25.1%

4–10$197.36M28.3%

11–25$213.21M30.6%

Rest$112.22M16.1%

Top 3 weight

25.1%

Top 10 weight

53.3%

Voting Authority Distribution

Total shares with voting rights: 12.92M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

12.92M

% of voting shares100.0%

Investment Discretion (by position count)

Sole140

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings140

Rows:

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL US L

Shares2.37M

TypeSH

Market value$66.04M

9.47%

Sole

0.00

Shared

0.00

None

2.37M

SCHWAB STRATEGIC TR

SOLE

US LCAP GR ETF

Shares1.87M

TypeSH

Market value$54.50M

7.81%

Sole

0.00

Shared

0.00

None

1.87M

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares561.02K

TypeSH

Market value$54.25M

7.78%

Sole

0.00

Shared

0.00

None

561.02K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares421.24K

TypeSH

Market value$32.24M

4.62%

Sole

0.00

Shared

0.00

None

421.24K

ISHARES TR

SOLE

0-5 YR TIPS ETF

Shares311.47K

TypeSH

Market value$32.22M

4.62%

Sole

0.00

Shared

0.00

None

311.47K

AMERICAN CENTY ETF TR

SOLE

INTL EQT ETF

Shares354.43K

TypeSH

Market value$30.07M

4.31%

Sole

0.00

Shared

0.00

None

354.43K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares1.03M

TypeSH

Market value$26.46M

3.79%

Sole

0.00

Shared

0.00

None

1.03M

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares212.19K

TypeSH

Market value$26.38M

3.78%

Sole

0.00

Shared

0.00

None

212.19K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US LG

Shares206.05K

TypeSH

Market value$25.78M

3.70%

Sole

0.00

Shared

0.00

None

206.05K

PIMCO ETF TR

SOLE

ACTIVE BD ETF

Shares262.29K

TypeSH

Market value$24.20M

3.47%

Sole

0.00

Shared

0.00

None

262.29K

ISHARES TR

SOLE

MBS ETF

Shares249.96K

TypeSH

Market value$23.73M

3.40%

Sole

0.00

Shared

0.00

None

249.96K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares496.94K

TypeSH

Market value$23.04M

3.30%

Sole

0.00

Shared

0.00

None

496.94K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL EMER

Shares594.76K

TypeSH

Market value$22.76M

3.26%

Sole

0.00

Shared

0.00

None

594.76K

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares267.06K

TypeSH

Market value$20.94M

3.00%

Sole

0.00

Shared

0.00

None

267.06K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA INT

Shares453.45K

TypeSH

Market value$19.56M

2.80%

Sole

0.00

Shared

0.00

None

453.45K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares281.56K

TypeSH

Market value$19.01M

2.73%

Sole

0.00

Shared

0.00

None

281.56K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares32.12K

TypeSH

Market value$15.39M

2.21%

Sole

0.00

Shared

0.00

None

32.12K

GMO ETF TRUST

SOLE

GMO US QUALITY E

Shares380.57K

TypeSH

Market value$13.77M

1.97%

Sole

0.00

Shared

0.00

None

380.57K

PIMCO ETF TR

SOLE

MULTISECTOR BD

Shares498.13K

TypeSH

Market value$13.05M

1.87%

Sole

0.00

Shared

0.00

None

498.13K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares375.68K

TypeSH

Market value$9.30M

1.33%

Sole

0.00

Shared

0.00

None

375.68K

PIMCO ETF TR

SOLE

SHTRM MUN BD ACT

Shares161.10K

TypeSH

Market value$8.13M

1.17%

Sole

0.00

Shared

0.00

None

161.10K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares16.96K

TypeSH

Market value$7.41M

1.06%

Sole

0.00

Shared

0.00

None

16.96K

PIMCO ETF TR

SOLE

1-5 US TIP IDX

Shares130.36K

TypeSH

Market value$7.05M

1.01%

Sole

0.00

Shared

0.00

None

130.36K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares67.14K

TypeSH

Market value$5.41M

0.78%

Sole

0.00

Shared

0.00

None

67.14K

PIMCO ETF TR

SOLE

INTER MUN BD ACT

Shares89.35K

TypeSH

Market value$4.66M

0.67%

Sole

0.00

Shared

0.00

None

89.35K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL US L	2.37M	SH	$66.04M 9.47%	2.37M
SCHWAB STRATEGIC TRSOLE	US LCAP GR ETF	1.87M	SH	$54.50M 7.81%	1.87M
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	561.02K	SH	$54.25M 7.78%	561.02K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	421.24K	SH	$32.24M 4.62%	421.24K
ISHARES TRSOLE	0-5 YR TIPS ETF	311.47K	SH	$32.22M 4.62%	311.47K
AMERICAN CENTY ETF TRSOLE	INTL EQT ETF	354.43K	SH	$30.07M 4.31%	354.43K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	1.03M	SH	$26.46M 3.79%	1.03M
ISHARES TRSOLE	CORE S&P SCP ETF	212.19K	SH	$26.38M 3.78%	212.19K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US LG	206.05K	SH	$25.78M 3.70%	206.05K
PIMCO ETF TRSOLE	ACTIVE BD ETF	262.29K	SH	$24.20M 3.47%	262.29K
ISHARES TRSOLE	MBS ETF	249.96K	SH	$23.73M 3.40%	249.96K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	496.94K	SH	$23.04M 3.30%	496.94K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL EMER	594.76K	SH	$22.76M 3.26%	594.76K
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	267.06K	SH	$20.94M 3.00%	267.06K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA INT	453.45K	SH	$19.56M 2.80%	453.45K
ISHARES TRSOLE	CORE S&P MCP ETF	281.56K	SH	$19.01M 2.73%	281.56K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	32.12K	SH	$15.39M 2.21%	32.12K
GMO ETF TRUSTSOLE	GMO US QUALITY E	380.57K	SH	$13.77M 1.97%	380.57K
PIMCO ETF TRSOLE	MULTISECTOR BD	498.13K	SH	$13.05M 1.87%	498.13K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	375.68K	SH	$9.30M 1.33%	375.68K
PIMCO ETF TRSOLE	SHTRM MUN BD ACT	161.10K	SH	$8.13M 1.17%	161.10K
VANGUARD INDEX FDSSOLE	GROWTH ETF	16.96K	SH	$7.41M 1.06%	16.96K
PIMCO ETF TRSOLE	1-5 US TIP IDX	130.36K	SH	$7.05M 1.01%	130.36K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	67.14K	SH	$5.41M 0.78%	67.14K
PIMCO ETF TRSOLE	INTER MUN BD ACT	89.35K	SH	$4.66M 0.67%	89.35K

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