Keystone Planning 13F annual report
Keystone Planning is an investment fund managing more than $302 billion ran by Brigitte Palumbo. There are currently 49 companies in Mrs. Palumbo’s portfolio. The largest investments include Schwab Strategic Tr and Microsoft, together worth $150 billion.
$302 billion Assets Under Management (AUM)
As of 3rd July 2024, Keystone Planning’s top holding is 1,764,133 shares of Schwab Strategic Tr currently worth over $137 billion and making up 45.4% of the portfolio value.
In addition, the fund holds 27,718 shares of Microsoft worth $12.4 billion, whose value grew 21.8% in the past six months.
The third-largest holding is Verizon Communications Inc worth $10 billion and the next is Philip Morris International Inc worth $8.46 billion, with 83,500 shares owned.
Currently, Keystone Planning's portfolio is worth at least $302 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Keystone Planning
The Keystone Planning office and employees reside in Cleveland, Ohio. According to the last 13-F report filed with the SEC, Brigitte Palumbo serves as the President/CCO at Keystone Planning.
Recent trades
In the most recent 13F filing, Keystone Planning revealed that it had opened a new position in
CME Inc and bought 34,676 shares worth $6.82 billion.
This means they effectively own approximately 0.1% of the company.
CME Inc makes up
73.8%
of the fund's Finance sector allocation and has grown its share price by 7.3% in the past year.
The investment fund also strengthened its position in Schwab Strategic Tr by buying
238,175 additional shares.
This makes their stake in Schwab Strategic Tr total 1,764,133 shares worth $137 billion.
On the other hand, there are companies that Keystone Planning is getting rid of from its portfolio.
Keystone Planning closed its position in 3M Co on 10th July 2024.
It sold the previously owned 69,265 shares for $7.35 billion.
Brigitte Palumbo also disclosed a decreased stake in Philip Morris International Inc by approximately 0.1%.
This leaves the value of the investment at $8.46 billion and 83,500 shares.
One of the smaller hedge funds
The two most similar investment funds to Keystone Planning are High Note Wealth and Ritter Daniher Advisory De. They manage $302 billion and $302 billion respectively.
Brigitte Palumbo investment strategy
Keystone Planning’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 5.9% of
the total portfolio value.
The fund focuses on investments in the United States as
44.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
47% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $205 billion.
The complete list of Keystone Planning trades based on 13F SEC filings
These positions were updated on July 10th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Schwab Strategic Tr |
15.61%
1,764,133
|
$137,178,949,000 | 45.40% |
| Microsoft Corporation |
No change
27,718
|
$12,388,337,000 | 4.10% |
| Verizon Communications Inc |
0.33%
242,886
|
$10,016,615,000 | 3.31% |
| Philip Morris International Inc |
0.17%
83,500
|
$8,461,055,000 | 2.80% |
| Spdr Ser Tr |
0.63%
191,196
|
$7,691,799,000 | 2.55% |
| Price T Rowe Group Inc |
1.02%
64,932
|
$7,487,355,000 | 2.48% |
| 3M Co. |
Closed
69,265
|
$7,346,896,000 | |
| American Elec Pwr Co Inc |
Closed
83,515
|
$7,190,642,000 | |
| Pfizer Inc. |
0.10%
256,910
|
$7,188,355,000 | 2.38% |
| WEC Energy Group Inc |
0.79%
87,338
|
$6,852,539,000 | 2.27% |
| CME Group Inc |
Opened
34,676
|
$6,817,302,000 | 2.26% |
| United Parcel Service, Inc. |
2.41%
47,393
|
$6,485,677,000 | 2.15% |
| Unilever plc |
Closed
128,655
|
$6,457,184,000 | |
| Pinnacle West Cap Corp |
0.11%
84,056
|
$6,420,167,000 | 2.12% |
| Toronto Dominion Bk Ont |
Opened
112,029
|
$6,157,114,000 | 2.04% |
| Bank Nova Scotia Halifax |
Opened
127,591
|
$5,833,461,000 | 1.93% |
| Exxon Mobil Corp. |
0.33%
50,171
|
$5,775,705,000 | 1.91% |
| Bristol-Myers Squibb Co. |
1.42%
135,826
|
$5,640,854,000 | 1.87% |
| British Amern Tob Plc |
0.17%
173,439
|
$5,364,471,000 | 1.78% |
| Qualcomm, Inc. |
0.64%
26,874
|
$5,352,763,000 | 1.77% |
| Att Inc |
1.22%
276,366
|
$5,281,350,000 | 1.75% |
| Altria Group Inc. |
0.14%
110,224
|
$5,020,690,000 | 1.66% |
| Chevron Corp. |
0.58%
25,444
|
$3,979,982,000 | 1.32% |
| Ishares Tr |
66.18%
32,004
|
$3,478,889,000 | 1.15% |
| Genuine Parts Co. |
0.80%
22,481
|
$3,109,572,000 | 1.03% |
| Vanguard Whitehall Fds |
1.62%
24,998
|
$2,964,786,000 | 0.98% |
| Cisco Sys Inc |
2.40%
51,968
|
$2,468,976,000 | 0.82% |
| Franklin Resources, Inc. |
3.51%
108,286
|
$2,420,203,000 | 0.80% |
| Coca-Cola Co |
1.27%
37,447
|
$2,383,531,000 | 0.79% |
| Us Bancorp Del |
0.62%
56,062
|
$2,225,681,000 | 0.74% |
| Mcdonalds Corp |
0.62%
8,560
|
$2,181,558,000 | 0.72% |
| International Business Machs |
1.82%
11,250
|
$1,945,774,000 | 0.64% |
| Haleon Plc |
0.13%
231,443
|
$1,911,721,000 | 0.63% |
| GSK Plc |
Closed
38,378
|
$1,645,265,000 | |
| Procter And Gamble Co |
No change
9,021
|
$1,487,743,000 | 0.49% |
| Johnson Johnson |
1.43%
10,000
|
$1,461,588,000 | 0.48% |
| Sanofi |
0.83%
22,964
|
$1,114,238,000 | 0.37% |
| Solventum Corp |
Opened
17,222
|
$910,699,000 | 0.30% |
| Lockheed Martin Corp. |
No change
1,938
|
$905,240,000 | 0.30% |
| Colgate-Palmolive Co. |
No change
8,875
|
$861,230,000 | 0.29% |
| Emerson Elec Co |
5.01%
5,140
|
$566,222,000 | 0.19% |
| Kellanova Co |
No change
8,789
|
$506,950,000 | 0.17% |
| New Jersey Res Corp |
Closed
11,677
|
$501,060,000 | |
| Public Svc Enterprise Grp In |
94.55%
6,780
|
$499,686,000 | 0.17% |
| Warner Bros.Discovery Inc |
0.14%
67,081
|
$499,083,000 | 0.17% |
| Tjx Cos Inc New |
0.34%
4,151
|
$457,050,000 | 0.15% |
| The Southern Co. |
No change
5,508
|
$427,256,000 | 0.14% |
| Vanguard Index Fds |
No change
4,942
|
$413,942,000 | 0.14% |
| Accenture Plc Ireland |
No change
1,085
|
$329,124,000 | 0.11% |
| Viatris Inc. |
0.12%
26,215
|
$278,665,000 | 0.09% |
| Jpmorgan Chase Co. |
No change
1,365
|
$276,085,000 | 0.09% |
| CVS Health Corp |
1.09%
4,521
|
$267,010,000 | 0.09% |
| Bank America Corp |
No change
5,881
|
$233,874,000 | 0.08% |
| Novo-nordisk A S |
Opened
1,425
|
$203,431,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 54 holdings | |||
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