Fund Holdings

Kapstone Financial Advisors LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
ISHARES TR53,28356,790+3,50733,083,27538,009,62617.90%+4,926,351
APPLE INC(AAPL)87,44584,522-2,92317,941,12621,521,88010.14%+3,580,754
PALANTIR TECHNOLOGIES INC(PLTR)39,33940,286+9475,362,6927,348,9723.46%+1,986,280
ALPHABET INC(GOOG)16,30215,927-3752,872,9013,871,8541.82%+998,953
ISHARES TR40,49044,303+3,8134,457,9495,348,2582.52%+890,309
INVESCO QQQ TR5,9706,957+9873,293,2914,176,7741.97%+883,483
PHILIP MORRIS INTL INC(PM)8,00914,000+5,9911,458,6762,270,8301.07%+812,154
ISHARES TR99,751100,730+97911,687,82512,334,3915.81%+646,566
ALPHABET INC(GOOG)9,8019,533-2681,738,5992,321,7621.09%+583,163
ABBVIE INC(ABBV)14,02113,742-2792,602,4973,181,8761.50%+579,379
UBER TECHNOLOGIES INC(UBER)4,4458,143+3,698414,718797,7700.38%+383,052
NVIDIA CORPORATION(NVDA)21,45020,135-1,3153,388,9133,756,7981.77%+367,885
ISHARES TR7,3697,36903,128,7303,451,7131.63%+322,983
NEBIUS GROUP N.V.(NBIS)02,777+2,7770311,7740.15%+311,774
J P MORGAN EXCHANGE TRADED F04,687+4,6870269,5960.13%+269,596
MICROSOFT CORP(MSFT)10,44310,479+365,194,5415,427,7042.56%+233,163
SPDR S&P MIDCAP 400 ETF TR(MDY)0352+3520209,8030.10%+209,803
SPDR SERIES TRUST02,610+2,6100204,4670.10%+204,467
S&P GLOBAL INC(SPGI)0416+4160202,4710.10%+202,471
ISHARES TR22,03122,014-172,925,9373,128,1891.47%+202,252
ISHARES TR0785+7850201,3130.09%+201,313
JOHNSON & JOHNSON(JNJ)7,8047,247-5571,192,0611,343,7390.63%+151,678
JPMORGAN CHASE & CO.(JPM)9,3068,930-3762,697,9022,816,7901.33%+118,888
CUMMINS INC(CMI)1,2221,2220400,050515,9370.24%+115,887
SPDR DOW JONES INDL AVERAGE(DIA)653869+216287,744402,9900.19%+115,246
SPDR S&P 500 ETF TR(SPY)2,0612,078+171,273,3891,384,3220.65%+110,933
ALTRIA GROUP INC(MO)15,39515,275-120902,6051,009,0630.48%+106,458
VANGUARD WHITEHALL FDS31,40830,421-9874,187,0004,287,8402.02%+100,840
ISHARES TR23,63223,612-201,511,0301,607,5050.76%+96,475
MARTIN MARIETTA MATLS INC(MLM)1,3151,292-23721,882814,3220.38%+92,440
D R HORTON INC(DHI)2,9862,771-215384,955469,6010.22%+84,646
FIRST TR EXCHANGE-TRADED FD1,6161,848+232234,175307,0640.14%+72,889
VULCAN MATLS CO(VMC)2,7002,525-175704,214776,7400.37%+72,526
HOME DEPOT INC(HD)1,7341,7340635,754702,5990.33%+66,845
COREWEAVE INC(CRWV)1,9982,867+869325,794392,3490.18%+66,555
INVESCO EXCHANGE TRADED FD T17,28017,2800704,678770,3420.36%+65,664
ORACLE CORP(ORCL)1,0171,018+1222,347286,3020.13%+63,955
ABRDN GLOBAL DYNAMIC DIVIDEN18,05019,750+1,700199,272263,0700.12%+63,798
LOWES COS INC(LOW)1,0301,160+130228,526291,5200.14%+62,994
ISHARES TR700810+110237,699296,0390.14%+58,340
CHEVRON CORP NEW(CVX)3,5853,662+77513,336568,6720.27%+55,336
CSX CORP(CSX)18,77818,7780612,726666,8070.31%+54,081
MICRON TECHNOLOGY INC(MU)3,1322,628-504386,019439,7170.21%+53,698
FIRST TR EXCHANGE TRADED FD14,85414,591-263931,940981,3910.46%+49,451
BANK AMERICA CORP11,54711,5470546,404595,7100.28%+49,306
MASTERCARD INCORPORATED(MA)623683+60350,089388,4970.18%+38,408
ABRDN LIFE SCIENCES INVESTOR13,99413,989-5179,263216,9690.10%+37,706
ABRDN WORLD HEALTHCARE FUND15,37015,3700157,696193,6620.09%+35,966
BLACKSTONE INC(BX)1,6151,6150241,572275,9230.13%+34,351
COHEN & STEERS CLOSED-END OP18,59020,620+2,030234,606268,8850.13%+34,279
LOCKHEED MARTIN CORP(LMT)1,1411,126-15528,443562,1100.26%+33,667
LCNB CORP89,43688,936-5001,299,5051,333,1510.63%+33,646
TIDAL TRUST II18,07731,047+12,970400,767433,4160.20%+32,649
NUVEEN DOW 30 DYNMC OVERWRT12,66514,065+1,400181,616209,4280.10%+27,812
GABELLI EQUITY TR INC(GAB)21,08024,380+3,300122,686148,4740.07%+25,788
BLACKROCK ENHANCED EQUITY DI(BDJ)24,96127,161+2,200221,903247,4370.12%+25,534
BERKSHIRE HATHAWAY INC DEL110728,800754,2000.36%+25,400
FIRST TR EXCHANGE-TRADED FD1,4631,4630311,370335,9190.16%+24,549
CINCINNATI FINL CORP(CINF)2,5392,5390378,070401,3760.19%+23,306
BERKSHIRE HATHAWAY INC DEL5,8835,729-1542,857,7852,880,1971.36%+22,412
ANALOG DEVICES INC(ADI)2,7342,7340650,747671,7440.32%+20,997
VANGUARD INDEX FDS8458450256,821277,3040.13%+20,483
HUNTINGTON BANCSHARES INC(HBAN)40,12240,1220672,445692,9070.33%+20,462
NOVARTIS AG(NVS)2,6952,6950326,122345,6070.16%+19,485
AMERICAN EXPRESS CO(AXP)1,3041,3040415,950433,1370.20%+17,187
SPDR SERIES TRUST3,6633,6630497,179513,0030.24%+15,824
WISDOMTREE TR(WT)3,5003,5000278,320294,0000.14%+15,680
ISHARES TR1,3761,378+2268,932284,4830.13%+15,551
LIBERTY ALL STAR EQUITY FD(USA)15,09118,500+3,409102,770117,2900.06%+14,520
DUKE ENERGY CORP NEW(DUK)7,1176,892-225839,806852,8850.40%+13,079
MCDONALDS CORP(MCD)1,0181,0180297,429309,3600.15%+11,931
MCKESSON CORP(MCK)357353-4261,602272,7070.13%+11,105
ISHARES TR2,7212,7210227,149237,5710.11%+10,422
WELLS FARGO CO NEW(WFC)2,5572,5570204,867214,3280.10%+9,461
NET POWER INC17,39517,395042,96652,3590.02%+9,393
SELECT SECTOR SPDR TR5,0555,0550264,730272,3130.13%+7,583
FEDEX CORP(FDX)1,1611,149-12263,907270,9460.13%+7,039
UNION PAC CORP(UNP)9309300213,974219,8240.10%+5,850
EATON VANCE TAX-MANAGED DIVE11,26611,2660174,285179,1290.08%+4,844
EATON VANCE TAX-MANAGED BUY-(ETV)11,18511,1850155,136159,3860.08%+4,250
PROSHARES TR3,2053,169-36322,744326,6290.15%+3,885
LIBERTY ALL-STAR GROWTH FD I18,36418,763+399100,451104,1350.05%+3,684
GUGGENHEIM STRATEGIC OPPORTU(GOF)11,07011,0700164,832165,8290.08%+997
CONSOLIDATED EDISON INC(ED)2,1112,1110211,839212,1980.10%+359
VISA INC(V)2,9133,019+1061,034,3231,030,6860.49%-3,637
SOUTHERN CO(SO)5,8855,663-222540,420536,6830.25%-3,737
KIMBERLY-CLARK CORP(KMB)2,0712,0710266,993257,5080.12%-9,485
VERIZON COMMUNICATIONS INC(VZ)7,0306,677-353304,188293,4540.14%-10,734
ISHARES TR2,0851,825-260227,870216,8650.10%-11,005
GLOBAL X FDS16,76715,722-1,045280,344267,4310.13%-12,913
CISCO SYS INC(CSCO)15,54115,54101,078,2351,063,3150.50%-14,920
DOCUSIGN INC(DOCU)3,2853,315+30255,869238,9780.11%-16,891
T-MOBILE US INC(TMUS)1,000917-83238,260219,5110.10%-18,749
FORD MTR CO(F)57,75450,566-7,188626,631604,7690.28%-21,862
KROGER CO(KR)5,0984,983-115365,680335,9040.16%-29,776
EXXON MOBIL CORP11,51010,706-8041,240,7691,207,0920.57%-33,677
ARM HOLDINGS PLC1,7431,7430281,913246,6170.12%-35,296
COCA COLA CO(KO)7,6847,612-72543,656504,8400.24%-38,816
MERCK & CO INC(MRK)9,5028,455-1,047752,178709,6280.33%-42,550
BRISTOL-MYERS SQUIBB CO(BMY)7,1716,375-796331,963287,5290.14%-44,434
Page 1 of 2