13F HOLDINGS REPORT
Kapstone Financial Advisors LLC
Quarter ended Q2 2025 · Filed July 11, 2025 · Accession 0001951757-25-000615
Total Value
$200.5M
Positions
120
Other Managers
0
Confidential Omitted
No
Holdings (120)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287200 | 53,283 | $33.1M | 16.50% |
| 2 | MICROSTRATEGY INC | STRK | 70,485 | $28.5M | 14.21% |
| 3 | APPLE INC | AAPL | 87,445 | $17.9M | 8.95% |
| 4 | ISHARES TR | 46429B663 | 99,751 | $11.7M | 5.83% |
| 5 | META PLATFORMS INC | META | 9,290 | $6.9M | 3.42% |
| 6 | PALANTIR TECHNOLOGIES INC | PLTR | 39,339 | $5.4M | 2.67% |
| 7 | MICROSOFT CORP | MSFT | 10,443 | $5.2M | 2.59% |
| 8 | PROCTER AND GAMBLE CO | 742718109 | 31,524 | $5.0M | 2.50% |
| 9 | ISHARES TR | 464287309 | 40,490 | $4.5M | 2.22% |
| 10 | VANGUARD WHITEHALL FDS | 921946406 | 31,408 | $4.2M | 2.09% |
| 11 | NVIDIA CORPORATION | NVDA | 21,450 | $3.4M | 1.69% |
| 12 | INVESCO QQQ TR | IVZ | 5,970 | $3.3M | 1.64% |
| 13 | ISHARES TR | 464287614 | 7,369 | $3.1M | 1.56% |
| 14 | ISHARES TR | 464287168 | 22,031 | $2.9M | 1.46% |
| 15 | ALPHABET INC | GOOG | 16,302 | $2.9M | 1.43% |
| 16 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 5,883 | $2.9M | 1.43% |
| 17 | JPMORGAN CHASE & CO. | VYLD | 9,306 | $2.7M | 1.35% |
| 18 | ABBVIE INC | ABBV | 14,021 | $2.6M | 1.30% |
| 19 | FIRST TR EXCHANGE-TRADED FD | 33733E104 | 22,897 | $2.1M | 1.04% |
| 20 | AMAZON COM INC | AMZN | 8,833 | $1.9M | 0.97% |
| 21 | ALPHABET INC | GOOG | 9,801 | $1.7M | 0.87% |
| 22 | FIRST TR EXCHANGE-TRADED FD | 33733E823 | 48,827 | $1.7M | 0.83% |
| 23 | ISHARES TR | 46434V621 | 23,632 | $1.5M | 0.75% |
| 24 | PHILIP MORRIS INTL INC | 718172109 | 8,009 | $1.5M | 0.73% |
| 25 | LCNB CORP | LCNB | 89,436 | $1.3M | 0.65% |
| 26 | SPDR S&P 500 ETF TR | SPY | 2,061 | $1.3M | 0.63% |
| 27 | EXXON MOBIL CORP | XOM | 11,510 | $1.2M | 0.62% |
| 28 | JOHNSON & JOHNSON | JNJ | 7,804 | $1.2M | 0.59% |
| 29 | PAYCHEX INC | PAYX | 7,505 | $1.1M | 0.54% |
| 30 | MARATHON PETE CORP | MARA | 6,515 | $1.1M | 0.54% |
| 31 | CISCO SYS INC | CSCO | 15,541 | $1.1M | 0.54% |
| 32 | COSTCO WHSL CORP NEW | 22160K105 | 1,086 | $1.1M | 0.54% |
| 33 | VISA INC | V | 2,913 | $1.0M | 0.52% |
| 34 | FIRST TR EXCHANGE TRADED FD | 33738R506 | 14,854 | $931,940 | 0.46% |
| 35 | CARDINAL HEALTH INC | CAH | 5,401 | $907,374 | 0.45% |
| 36 | ALTRIA GROUP INC | MO | 15,395 | $902,605 | 0.45% |
| 37 | DUKE ENERGY CORP NEW | DUKB | 7,117 | $839,806 | 0.42% |
| 38 | AXON ENTERPRISE INC | AXON | 939 | $777,436 | 0.39% |
| 39 | MERCK & CO INC | MRK | 9,502 | $752,178 | 0.38% |
| 40 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1 | $728,800 | 0.36% |
| 41 | MARTIN MARIETTA MATLS INC | 573284106 | 1,315 | $721,882 | 0.36% |
| 42 | INVESCO EXCHANGE TRADED FD T | IVZ | 17,280 | $704,678 | 0.35% |
| 43 | VULCAN MATLS CO | 929160109 | 2,700 | $704,214 | 0.35% |
| 44 | HUNTINGTON BANCSHARES INC | HBANP | 40,122 | $672,445 | 0.34% |
| 45 | SALESFORCE INC | CRM | 2,408 | $656,638 | 0.33% |
| 46 | ANALOG DEVICES INC | ADI | 2,734 | $650,747 | 0.32% |
| 47 | HOME DEPOT INC | HD | 1,734 | $635,754 | 0.32% |
| 48 | FORD MTR CO | 345370860 | 57,754 | $626,631 | 0.31% |
| 49 | FIFTH THIRD BANCORP | FITBM | 15,068 | $619,747 | 0.31% |
| 50 | CSX CORP | CSX | 18,778 | $612,726 | 0.31% |
| 51 | INTUITIVE SURGICAL INC | ISRG | 1,122 | $609,706 | 0.30% |
| 52 | IRON MTN INC DEL | 46284V101 | 5,792 | $594,085 | 0.30% |
| 53 | BANK AMERICA CORP | 060505104 | 11,547 | $546,404 | 0.27% |
| 54 | PROGRESSIVE CORP | 743315103 | 2,038 | $543,861 | 0.27% |
| 55 | COCA COLA CO | KO | 7,684 | $543,656 | 0.27% |
| 56 | SOUTHERN CO | SOMN | 5,885 | $540,420 | 0.27% |
| 57 | LOCKHEED MARTIN CORP | LMT | 1,141 | $528,443 | 0.26% |
| 58 | ELEVANCE HEALTH INC | ELV | 1,355 | $527,041 | 0.26% |
| 59 | CHEVRON CORP NEW | CVX | 3,585 | $513,336 | 0.26% |
| 60 | SPDR SERIES TRUST | 78464A763 | 3,663 | $497,179 | 0.25% |
| 61 | SELECT SECTOR SPDR TR | 81369Y506 | 5,632 | $477,650 | 0.24% |
| 62 | AMERICAN EXPRESS CO | AXP | 1,304 | $415,950 | 0.21% |
| 63 | UBER TECHNOLOGIES INC | UBER | 4,445 | $414,718 | 0.21% |
| 64 | TIDAL TR II | 88634T493 | 18,077 | $400,767 | 0.20% |
| 65 | CUMMINS INC | CMI | 1,222 | $400,050 | 0.20% |
| 66 | MICRON TECHNOLOGY INC | MU | 3,132 | $386,019 | 0.19% |
| 67 | D R HORTON INC | 23331A109 | 2,986 | $384,955 | 0.19% |
| 68 | CINCINNATI FINL CORP | 172062101 | 2,539 | $378,070 | 0.19% |
| 69 | KROGER CO | KR | 5,098 | $365,680 | 0.18% |
| 70 | MASTERCARD INCORPORATED | MA | 623 | $350,089 | 0.17% |
| 71 | BOEING CO | BA-PA | 1,621 | $339,648 | 0.17% |
| 72 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 7,171 | $331,963 | 0.17% |
| 73 | NOVARTIS AG | NVSEF | 2,695 | $326,122 | 0.16% |
| 74 | COREWEAVE INC | CRWV | 1,998 | $325,794 | 0.16% |
| 75 | DISNEY WALT CO | 254687106 | 2,613 | $324,038 | 0.16% |
| 76 | PROSHARES TR | 74348A467 | 3,205 | $322,744 | 0.16% |
| 77 | WALMART INC | WMT | 3,297 | $322,381 | 0.16% |
| 78 | FIRST TR EXCHANGE-TRADED FD | 337345102 | 1,463 | $311,370 | 0.16% |
| 79 | VERIZON COMMUNICATIONS INC | VZ | 7,030 | $304,188 | 0.15% |
| 80 | MCDONALDS CORP | MCD | 1,018 | $297,429 | 0.15% |
| 81 | DELTA AIR LINES INC DEL | DAL | 6,016 | $295,867 | 0.15% |
| 82 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 653 | $287,744 | 0.14% |
| 83 | ARM HOLDINGS PLC | 042068205 | 1,743 | $281,913 | 0.14% |
| 84 | GLOBAL X FDS | 37954Y483 | 16,767 | $280,344 | 0.14% |
| 85 | WISDOMTREE TR | WT | 3,500 | $278,320 | 0.14% |
| 86 | ISHARES TR | 464287408 | 1,376 | $268,932 | 0.13% |
| 87 | KIMBERLY-CLARK CORP | KMB | 2,071 | $266,993 | 0.13% |
| 88 | SELECT SECTOR SPDR TR | 81369Y605 | 5,055 | $264,730 | 0.13% |
| 89 | FEDEX CORP | FDX | 1,161 | $263,907 | 0.13% |
| 90 | MCKESSON CORP | MCK | 357 | $261,602 | 0.13% |
| 91 | VANGUARD INDEX FDS | 922908769 | 845 | $256,821 | 0.13% |
| 92 | DOCUSIGN INC | DOCU | 3,285 | $255,869 | 0.13% |
| 93 | CONAGRA BRANDS INC | CAG | 11,934 | $244,289 | 0.12% |
| 94 | BLACKSTONE INC | BX | 1,615 | $241,572 | 0.12% |
| 95 | T-MOBILE US INC | TMUSZ | 1,000 | $238,260 | 0.12% |
| 96 | ISHARES TR | 464287622 | 700 | $237,699 | 0.12% |
| 97 | COHEN & STEERS CLOSED-END OP | 19248P106 | 18,590 | $234,606 | 0.12% |
| 98 | FIRST TR EXCHANGE-TRADED FD | 336920103 | 1,616 | $234,175 | 0.12% |
| 99 | LOWES COS INC | 548661107 | 1,030 | $228,526 | 0.11% |
| 100 | ISHARES TR | 464287804 | 2,085 | $227,870 | 0.11% |
| 101 | ISHARES TR | 46432F842 | 2,721 | $227,149 | 0.11% |
| 102 | ORACLE CORP | ORCL-PD | 1,017 | $222,347 | 0.11% |
| 103 | BLACKROCK ENHANCED EQUITY DI | BLK | 24,961 | $221,903 | 0.11% |
| 104 | UNION PAC CORP | UNP | 930 | $213,974 | 0.11% |
| 105 | CONSOLIDATED EDISON INC | ED | 2,111 | $211,839 | 0.11% |
| 106 | GILEAD SCIENCES INC | GILD | 1,891 | $209,655 | 0.10% |
| 107 | ENTERPRISE PRODS PARTNERS L | 293792107 | 6,624 | $205,410 | 0.10% |
| 108 | WELLS FARGO CO NEW | 949746101 | 2,557 | $204,867 | 0.10% |
| 109 | ABACUS FCF ETF TR | 89628W302 | 2,830 | $200,251 | 0.10% |
| 110 | ABRDN GLOBAL DYNAMIC DIVIDEN | AGD | 18,050 | $199,272 | 0.10% |
| 111 | NUVEEN DOW 30 DYNMC OVERWRT | NU | 12,665 | $181,616 | 0.09% |
| 112 | ABRDN LIFE SCIENCES INVESTOR | HQL | 13,994 | $179,263 | 0.09% |
| 113 | EATON VANCE TAX-MANAGED DIVE | ETN | 11,266 | $174,285 | 0.09% |
| 114 | GUGGENHEIM STRATEGIC OPPORTU | GOF | 11,070 | $164,832 | 0.08% |
| 115 | ABRDN WORLD HEALTHCARE FUND | THW | 15,370 | $157,696 | 0.08% |
| 116 | EATON VANCE TAX-MANAGED BUY- | ETN | 11,185 | $155,136 | 0.08% |
| 117 | GABELLI EQUITY TR INC | GAB-PK | 21,080 | $122,686 | 0.06% |
| 118 | LIBERTY ALL STAR EQUITY FD | 530158104 | 15,091 | $102,770 | 0.05% |
| 119 | LIBERTY ALL-STAR GROWTH FD I | 529900102 | 18,364 | $100,451 | 0.05% |
| 120 | NET POWER INC | NPWR-WT | 17,395 | $42,966 | 0.02% |