13F HOLDINGS REPORT

Kelman-Lazarov, Inc.

Quarter ended Q1 2025 · Filed May 6, 2025 · Accession 0001398344-25-008790

Total Value

$550.9M

Positions

116

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (116)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SCHWAB STRATEGIC TR	808524771	2,280,290	$53.8M	9.77%
2	VANECK ETF TRUST	92189F643	537,081	$47.3M	8.58%
3	SCHWAB STRATEGIC TR	808524300	1,827,134	$45.8M	8.31%
4	GOLDMAN SACHS ETF TR	NVGLF	960,243	$34.2M	6.21%
5	GOLDMAN SACHS ETF TR	NVGLF	253,153	$27.9M	5.06%
6	ISHARES TR	46429B747	263,406	$27.3M	4.95%
7	PIMCO ETF TR	72201R775	246,315	$22.8M	4.13%
8	ISHARES TR	464287804	202,327	$21.2M	3.84%
9	SPDR SER TR	78464A854	317,912	$20.9M	3.79%
10	ISHARES TR	464288588	207,381	$19.4M	3.53%
11	VANGUARD BD INDEX FDS	921937827	244,516	$19.1M	3.47%
12	SCHWAB STRATEGIC TR	808524730	589,030	$18.1M	3.29%
13	SCHWAB STRATEGIC TR	808524748	473,260	$17.1M	3.11%
14	BERKSHIRE HATHAWAY INC DEL	BRK-A	31,189	$16.6M	3.02%
15	ISHARES TR	464287507	254,011	$14.8M	2.69%
16	PIMCO ETF TR	72201R585	515,485	$13.6M	2.47%
17	2023 ETF SERIES TRUST II	90139K100	348,551	$10.9M	1.98%
18	PIMCO ETF TR	72201R205	136,869	$7.4M	1.34%
19	SCHWAB STRATEGIC TR	808524805	364,235	$7.2M	1.31%
20	AMERICAN CENTY ETF TR	025072604	102,082	$6.1M	1.11%
21	PIMCO ETF TR	72201R874	104,895	$5.2M	0.95%
22	VANGUARD MUN BD FDS	922907746	99,659	$4.9M	0.90%
23	AMERICAN CENTY ETF TR	025072703	73,814	$4.9M	0.89%
24	PIMCO ETF TR	72201R866	90,098	$4.6M	0.84%
25	VANGUARD BD INDEX FDS	921937819	44,858	$3.4M	0.62%
26	VANGUARD INDEX FDS	922908736	9,078	$3.4M	0.61%
27	INVESCO EXCH TRADED FD TR II	IVZ	33,660	$3.3M	0.61%
28	SPDR S&P 500 ETF TR	SPY	5,807	$3.2M	0.59%
29	ISHARES TR	46429B333	69,041	$3.0M	0.55%
30	APPLE INC	AAPL	11,583	$2.6M	0.47%
31	AMERICAN CENTY ETF TR	025072190	42,945	$2.3M	0.42%
32	MASTERCARD INCORPORATED	MA	4,066	$2.2M	0.40%
33	ALPHABET INC	GOOG	13,242	$2.0M	0.37%
34	SCHWAB STRATEGIC TR	808524763	66,779	$1.8M	0.33%
35	TESLA INC	TSLA	6,789	$1.8M	0.32%
36	SPDR S&P MIDCAP 400 ETF TR	MDY	3,100	$1.7M	0.30%
37	BERKSHIRE HATHAWAY INC DEL	BRK-A	2	$1.6M	0.29%
38	ISHARES TR	464287200	2,717	$1.5M	0.28%
39	SPDR SER TR	78464A847	29,509	$1.5M	0.27%
40	VANGUARD SPECIALIZED FUNDS	921908844	7,602	$1.5M	0.27%
41	GOLDMAN SACHS ETF TR	NVGLF	43,505	$1.4M	0.26%
42	VANGUARD INDEX FDS	922908744	7,920	$1.4M	0.25%
43	VANGUARD SCOTTSDALE FDS	92206C409	16,398	$1.3M	0.23%
44	MICROSOFT CORP	MSFT	3,307	$1.2M	0.23%
45	YUM BRANDS INC	YUM	7,785	$1.2M	0.22%
46	ISHARES TR	464287846	8,871	$1.2M	0.22%
47	GOLDMAN SACHS ETF TR	NVGLF	11,865	$1.2M	0.22%
48	NETFLIX INC	NFLX	1,183	$1.1M	0.20%
49	SCHWAB STRATEGIC TR	808524508	41,100	$1.1M	0.20%
50	PGIM ETF TR	69344A800	24,880	$1.0M	0.19%
51	SPDR DOW JONES INDL AVERAGE	78467X109	2,430	$1.0M	0.19%
52	MATTHEWS ASIA FDS	577125834	41,621	$1.0M	0.18%
53	WALMART INC	WMT	11,267	$989,130	0.18%
54	UNITEDHEALTH GROUP INC	UNH	1,829	$957,858	0.17%
55	ISHARES TR	464287614	2,532	$914,299	0.17%
56	PROCTER AND GAMBLE CO	742718109	5,225	$890,522	0.16%
57	VANGUARD INDEX FDS	922908629	3,293	$851,525	0.15%
58	ISHARES TR	464287598	4,047	$761,483	0.14%
59	FEDEX CORP	FDX	3,041	$741,335	0.13%
60	NORFOLK SOUTHN CORP	655844108	3,036	$719,084	0.13%
61	WISDOMTREE TR	WT	6,484	$711,949	0.13%
62	AMERICAN CENTY ETF TR	025072281	11,232	$700,453	0.13%
63	VANGUARD INDEX FDS	922908363	1,351	$694,152	0.13%
64	NUSHARES ETF TR	NU	30,087	$667,481	0.12%
65	JOHNSON & JOHNSON	JNJ	3,970	$658,343	0.12%
66	ISHARES TR	464287408	3,418	$651,331	0.12%
67	SCHWAB STRATEGIC TR	808524839	26,776	$620,125	0.11%
68	ISHARES TR	46432F842	7,965	$602,552	0.11%
69	AMAZON COM INC	AMZN	3,159	$601,031	0.11%
70	SCHWAB STRATEGIC TR	808524755	16,287	$588,612	0.11%
71	SCHWAB STRATEGIC TR	808524201	26,319	$581,124	0.11%
72	ALPHABET INC	GOOG	3,666	$572,684	0.10%
73	VANECK ETF TRUST	92189Y105	20,147	$537,316	0.10%
74	ISHARES TR	464287622	1,626	$498,788	0.09%
75	ISHARES TR	464287556	3,687	$471,542	0.09%
76	PHILIP MORRIS INTL INC	718172109	2,929	$464,920	0.08%
77	AMERICAN EXPRESS CO	AXP	1,585	$426,444	0.08%
78	AMGEN INC	AMGN	1,360	$423,763	0.08%
79	SPDR SER TR	78464A805	6,213	$422,536	0.08%
80	TRACTOR SUPPLY CO	TSCO	7,540	$415,454	0.08%
81	SCHWAB STRATEGIC TR	808524607	16,879	$395,482	0.07%
82	HOME DEPOT INC	HD	1,060	$388,496	0.07%
83	DISNEY WALT CO	254687106	3,929	$387,792	0.07%
84	SCHWAB STRATEGIC TR	808524409	14,567	$387,191	0.07%
85	ISHARES TR	46435G516	4,535	$370,464	0.07%
86	ISHARES TR	464287655	1,815	$362,074	0.07%
87	NVIDIA CORPORATION	NVDA	3,196	$346,382	0.06%
88	ISHARES TR	46432F859	6,781	$327,858	0.06%
89	WISDOMTREE TR	WT	4,033	$320,108	0.06%
90	ISHARES TR	464288802	2,723	$312,739	0.06%
91	NUSHARES ETF TR	NU	3,912	$306,231	0.06%
92	SPDR SER TR	78464A649	11,827	$302,063	0.05%
93	SPDR SER TR	78464A409	3,659	$294,074	0.05%
94	VANGUARD MUN BD FDS	922907696	3,840	$289,305	0.05%
95	3M CO	MMM	1,923	$282,412	0.05%
96	NUSHARES ETF TR	NU	6,822	$276,223	0.05%
97	LAUDER ESTEE COS INC	518439104	4,130	$272,602	0.05%
98	ISHARES INC	46434G103	5,049	$272,495	0.05%
99	ALTRIA GROUP INC	MO	4,426	$265,649	0.05%
100	QUALCOMM INC	QCOM	1,726	$265,171	0.05%
101	JPMORGAN CHASE & CO.	VYLD	1,075	$263,780	0.05%
102	ISHARES TR	46432F396	1,302	$263,173	0.05%
103	BOEING CO	BA-PA	1,534	$261,624	0.05%
104	EXXON MOBIL CORP	XOM	2,186	$259,963	0.05%
105	AMERICAN CENTY ETF TR	025072299	4,235	$254,015	0.05%
106	MCCORMICK & CO INC	MKC-V	3,025	$248,988	0.05%
107	ISHARES TR	46429B671	4,486	$244,038	0.04%
108	LOWES COS INC	548661107	1,042	$243,048	0.04%
109	AMERICAN CENTY ETF TR	025072315	4,727	$242,873	0.04%
110	ISHARES TR	464287119	2,963	$239,951	0.04%
111	PEPSICO INC	PEP	1,583	$237,317	0.04%
112	AUTOZONE INC	AZO	61	$232,580	0.04%
113	INVESCO EXCHANGE TRADED FD T	IVZ	1,984	$223,533	0.04%
114	INVESCO EXCHANGE TRADED FD T	IVZ	4,818	$221,706	0.04%
115	ISHARES TR	46429B697	2,301	$215,512	0.04%
116	ISHARES TR	464287671	1,590	$202,080	0.04%