13F HOLDINGS REPORT
Kelman-Lazarov, Inc.
Quarter ended Q3 2025 · Filed November 12, 2025 · Accession 0001398344-25-020737
Total Value
$674.5M
Positions
132
Other Managers
0
Confidential Omitted
No
Holdings (132)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | 808524771 | 2,345,720 | $61.7M | 9.15% |
| 2 | SCHWAB STRATEGIC TR | 808524300 | 1,856,765 | $59.2M | 8.78% |
| 3 | VANECK ETF TRUST | 92189F643 | 551,165 | $54.6M | 8.10% |
| 4 | GOLDMAN SACHS ETF TR | NVGLF | 934,334 | $38.4M | 5.69% |
| 5 | SPDR SERIES TRUST | 78464A854 | 381,217 | $29.9M | 4.43% |
| 6 | GOLDMAN SACHS ETF TR | NVGLF | 228,139 | $29.7M | 4.41% |
| 7 | ISHARES TR | 46429B747 | 281,671 | $29.1M | 4.32% |
| 8 | SCHWAB STRATEGIC TR | 808524201 | 1,027,974 | $27.1M | 4.01% |
| 9 | ISHARES TR | 464287804 | 204,354 | $24.3M | 3.60% |
| 10 | PIMCO ETF TR | 72201R775 | 251,298 | $23.5M | 3.48% |
| 11 | SCHWAB STRATEGIC TR | 808524730 | 605,460 | $21.9M | 3.25% |
| 12 | ISHARES TR | 464288588 | 226,553 | $21.6M | 3.20% |
| 13 | SCHWAB STRATEGIC TR | 808524748 | 473,940 | $21.1M | 3.13% |
| 14 | VANGUARD BD INDEX FDS | 921937827 | 254,392 | $20.1M | 2.98% |
| 15 | ISHARES TR | 464287507 | 265,296 | $17.3M | 2.57% |
| 16 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 31,722 | $15.9M | 2.36% |
| 17 | PIMCO ETF TR | 72201R585 | 495,035 | $13.3M | 1.97% |
| 18 | 2023 ETF SERIES TRUST II | 90139K100 | 363,925 | $13.2M | 1.95% |
| 19 | SCHWAB STRATEGIC TR | 808524805 | 396,606 | $9.2M | 1.37% |
| 20 | VANGUARD INDEX FDS | 922908736 | 15,202 | $7.3M | 1.08% |
| 21 | PIMCO ETF TR | 72201R205 | 132,770 | $7.2M | 1.07% |
| 22 | PIMCO ETF TR | 72201R874 | 134,812 | $6.8M | 1.01% |
| 23 | AMERICAN CENTY ETF TR | 025072703 | 81,531 | $6.4M | 0.95% |
| 24 | AMERICAN CENTY ETF TR | 025072604 | 70,063 | $5.3M | 0.78% |
| 25 | SPDR S&P 500 ETF TR | SPY | 6,068 | $4.0M | 0.60% |
| 26 | PIMCO ETF TR | 72201R866 | 76,118 | $4.0M | 0.59% |
| 27 | VANGUARD MUN BD FDS | 922907746 | 78,774 | $3.9M | 0.58% |
| 28 | INVESCO EXCH TRADED FD TR II | IVZ | 33,110 | $3.7M | 0.54% |
| 29 | AMERICAN CENTY ETF TR | 025072190 | 49,148 | $3.3M | 0.49% |
| 30 | ALPHABET INC | GOOG | 13,317 | $3.2M | 0.48% |
| 31 | VANGUARD BD INDEX FDS | 921937819 | 40,967 | $3.2M | 0.47% |
| 32 | TESLA INC | TSLA | 6,903 | $3.1M | 0.46% |
| 33 | APPLE INC | AAPL | 11,989 | $3.1M | 0.45% |
| 34 | VANGUARD INDEX FDS | 922908744 | 15,537 | $2.9M | 0.43% |
| 35 | VANGUARD MUN BD FDS | 922907712 | 37,368 | $2.8M | 0.42% |
| 36 | MASTERCARD INCORPORATED | MA | 4,035 | $2.3M | 0.34% |
| 37 | PGIM ETF TR | 69344A800 | 53,244 | $2.2M | 0.33% |
| 38 | ISHARES TR | 46429B333 | 49,356 | $2.2M | 0.32% |
| 39 | SCHWAB STRATEGIC TR | 808524763 | 70,192 | $2.2M | 0.32% |
| 40 | VANGUARD INDEX FDS | 922908637 | 6,448 | $2.0M | 0.29% |
| 41 | MICROSOFT CORP | MSFT | 3,638 | $1.9M | 0.28% |
| 42 | SPDR S&P MIDCAP 400 ETF TR | MDY | 3,114 | $1.9M | 0.28% |
| 43 | SCHWAB STRATEGIC TR | 808524607 | 63,971 | $1.8M | 0.26% |
| 44 | ISHARES TR | 464287200 | 2,595 | $1.7M | 0.26% |
| 45 | VANGUARD INDEX FDS | 922908363 | 2,814 | $1.7M | 0.26% |
| 46 | SPDR SERIES TRUST | 78464A847 | 29,022 | $1.7M | 0.25% |
| 47 | VANGUARD SPECIALIZED FUNDS | 921908844 | 7,610 | $1.6M | 0.24% |
| 48 | SCHWAB STRATEGIC TR | 808524508 | 51,813 | $1.5M | 0.23% |
| 49 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 2 | $1.5M | 0.22% |
| 50 | ISHARES TR | 464287846 | 8,890 | $1.4M | 0.21% |
| 51 | 1ST SOURCE CORP | SRCE | 23,419 | $1.4M | 0.21% |
| 52 | NETFLIX INC | NFLX | 1,162 | $1.4M | 0.21% |
| 53 | VANGUARD SCOTTSDALE FDS | 92206C409 | 16,440 | $1.3M | 0.19% |
| 54 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 2,766 | $1.3M | 0.19% |
| 55 | WALMART INC | WMT | 12,071 | $1.2M | 0.18% |
| 56 | SPDR SERIES TRUST | 78464A649 | 43,765 | $1.1M | 0.17% |
| 57 | ISHARES TR | 464287614 | 2,367 | $1.1M | 0.16% |
| 58 | VANGUARD INDEX FDS | 922908629 | 3,296 | $968,041 | 0.14% |
| 59 | YUM BRANDS INC | YUM | 6,198 | $942,112 | 0.14% |
| 60 | ALPHABET INC | GOOG | 3,771 | $918,505 | 0.14% |
| 61 | PROCTER AND GAMBLE CO | 742718109 | 5,831 | $895,925 | 0.13% |
| 62 | AMERICAN CENTY ETF TR | 025072281 | 11,997 | $882,616 | 0.13% |
| 63 | ISHARES TR | 464287622 | 2,403 | $878,248 | 0.13% |
| 64 | NORFOLK SOUTHN CORP | 655844108 | 2,829 | $849,748 | 0.13% |
| 65 | FEDEX CORP | FDX | 3,501 | $825,522 | 0.12% |
| 66 | ISHARES TR | 464287598 | 4,049 | $824,353 | 0.12% |
| 67 | PIMCO ETF TR | 72201R635 | 17,567 | $795,961 | 0.12% |
| 68 | ISHARES TR | 464287408 | 3,783 | $781,129 | 0.12% |
| 69 | ISHARES TR | 46432F842 | 8,629 | $753,398 | 0.11% |
| 70 | NVIDIA CORPORATION | NVDA | 4,029 | $751,731 | 0.11% |
| 71 | WISDOMTREE TR | WT | 6,432 | $735,055 | 0.11% |
| 72 | AMAZON COM INC | AMZN | 3,291 | $722,605 | 0.11% |
| 73 | PEPSICO INC | PEP | 5,092 | $715,080 | 0.11% |
| 74 | ISHARES TR | 464287499 | 7,283 | $703,174 | 0.10% |
| 75 | SCHWAB STRATEGIC TR | 808524755 | 16,130 | $692,936 | 0.10% |
| 76 | NUSHARES ETF TR | NU | 29,859 | $670,484 | 0.10% |
| 77 | GOLDMAN SACHS ETF TR | NVGLF | 6,479 | $649,382 | 0.10% |
| 78 | VANGUARD MUN BD FDS | 922907696 | 8,401 | $644,364 | 0.10% |
| 79 | VANGUARD INDEX FDS | 922908751 | 2,383 | $605,949 | 0.09% |
| 80 | AMERICAN EXPRESS CO | AXP | 1,823 | $605,528 | 0.09% |
| 81 | ISHARES TR | 464288885 | 5,295 | $602,995 | 0.09% |
| 82 | JOHNSON & JOHNSON | JNJ | 3,252 | $602,974 | 0.09% |
| 83 | GOLDMAN SACHS ETF TR | NVGLF | 12,963 | $527,983 | 0.08% |
| 84 | SPDR INDEX SHS FDS | 78463X889 | 12,334 | $527,772 | 0.08% |
| 85 | AMERICAN CENTY ETF TR | 025072802 | 5,602 | $498,746 | 0.07% |
| 86 | SPDR SERIES TRUST | 78464A805 | 6,083 | $490,622 | 0.07% |
| 87 | ISHARES TR | 464287556 | 3,393 | $489,881 | 0.07% |
| 88 | PHILIP MORRIS INTL INC | 718172109 | 2,987 | $484,501 | 0.07% |
| 89 | SCHWAB STRATEGIC TR | 808524839 | 20,571 | $482,795 | 0.07% |
| 90 | HOME DEPOT INC | HD | 1,172 | $474,721 | 0.07% |
| 91 | INVESCO QQQ TR | IVZ | 773 | $463,930 | 0.07% |
| 92 | ISHARES TR | 46435G516 | 4,875 | $453,249 | 0.07% |
| 93 | ISHARES TR | 464287655 | 1,815 | $439,157 | 0.07% |
| 94 | TRACTOR SUPPLY CO | TSCO | 7,530 | $428,231 | 0.06% |
| 95 | SCHWAB STRATEGIC TR | 808524409 | 14,554 | $423,658 | 0.06% |
| 96 | NUSHARES ETF TR | NU | 4,166 | $414,309 | 0.06% |
| 97 | WISDOMTREE TR | WT | 5,997 | $413,433 | 0.06% |
| 98 | ORACLE CORP | ORCL-PD | 1,395 | $392,359 | 0.06% |
| 99 | DISNEY WALT CO | 254687106 | 3,416 | $391,093 | 0.06% |
| 100 | JPMORGAN CHASE & CO. | VYLD | 1,233 | $389,007 | 0.06% |
| 101 | ISHARES TR | 464287481 | 2,698 | $384,222 | 0.06% |
| 102 | SPDR SERIES TRUST | 78464A409 | 3,659 | $382,402 | 0.06% |
| 103 | AMERICAN CENTY ETF TR | 025072349 | 5,243 | $378,859 | 0.06% |
| 104 | PROSHARES TR | 74347R248 | 4,800 | $367,535 | 0.05% |
| 105 | ISHARES TR | 464288802 | 2,686 | $364,399 | 0.05% |
| 106 | AMGEN INC | AMGN | 1,217 | $343,319 | 0.05% |
| 107 | WISDOMTREE TR | WT | 3,903 | $339,639 | 0.05% |
| 108 | ISHARES TR | 46432F859 | 6,923 | $338,137 | 0.05% |
| 109 | AUTOZONE INC | AZO | 78 | $334,639 | 0.05% |
| 110 | ISHARES TR | 46432F396 | 1,302 | $333,898 | 0.05% |
| 111 | QUALCOMM INC | QCOM | 1,859 | $309,283 | 0.05% |
| 112 | ISHARES TR | 464287119 | 2,964 | $309,157 | 0.05% |
| 113 | LOWES COS INC | 548661107 | 1,213 | $304,793 | 0.05% |
| 114 | AMERICAN CENTY ETF TR | 025072299 | 4,235 | $303,014 | 0.04% |
| 115 | NUSHARES ETF TR | NU | 6,822 | $298,988 | 0.04% |
| 116 | MERCK & CO INC | MRK | 3,559 | $298,708 | 0.04% |
| 117 | UNITEDHEALTH GROUP INC | UNH | 860 | $296,993 | 0.04% |
| 118 | SCHWAB STRATEGIC TR | 808524847 | 13,476 | $290,677 | 0.04% |
| 119 | BROADCOM INC | AVGO | 845 | $278,774 | 0.04% |
| 120 | INVESCO EXCHANGE TRADED FD T | IVZ | 4,820 | $277,275 | 0.04% |
| 121 | VANGUARD INTL EQUITY INDEX F | 922042775 | 3,883 | $277,131 | 0.04% |
| 122 | AMERICAN CENTY ETF TR | 025072315 | 4,277 | $271,867 | 0.04% |
| 123 | NUSHARES ETF TR | NU | 6,097 | $268,878 | 0.04% |
| 124 | INVESCO EXCHANGE TRADED FD T | IVZ | 1,984 | $262,847 | 0.04% |
| 125 | ISHARES TR | 464287671 | 1,595 | $262,427 | 0.04% |
| 126 | EXXON MOBIL CORP | XOM | 2,144 | $241,681 | 0.04% |
| 127 | SPDR SERIES TRUST | 78468R853 | 4,989 | $231,084 | 0.03% |
| 128 | ISHARES TR | 46429B697 | 2,301 | $218,917 | 0.03% |
| 129 | META PLATFORMS INC | META | 293 | $215,173 | 0.03% |
| 130 | 3M CO | MMM | 1,331 | $206,545 | 0.03% |
| 131 | MCCORMICK & CO INC | MKC-V | 3,011 | $201,468 | 0.03% |
| 132 | WISDOMTREE TR | WT | 3,498 | $200,820 | 0.03% |