Institutional Manager · CIK 0002023336

Kelly Financial Services LLC

BRAINTREE, MA · File #028-24223

Latest AUM

$399.0M

Positions

123

Top-10 Concentration

57.5%

Filings

Portfolio Value Over Time

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	ISHARES TR	46432F339	-52,490	-$10.4M	+$486,834
ADD	ISHARES TR	464287408	+37,021	+$7.9M	+$510,760
REDUCE	ISHARES TR	464287523	-24,499	-$7.4M	+$760,650
REDUCE	ISHARES TR	464288653	-68,476	-$7.0M	-$257,983
NEW	ISHARES TR	46435U796	+56,436	+$5.1M	$0
ADD	ISHARES INC	46434G103	+69,511	+$4.7M	+$369,097
REDUCE	INVESCO EXCH TRADED FD TR II	IVZ	-161,017	-$4.2M	-$43,218
ADD	ISHARES TR	464287200	+5,716	+$3.9M	+$556,657
ADD	ISHARES TR	46432F396	+14,983	+$3.8M	-$155,247
NEW	VANECK ETF TRUST	92189H300	+129,435	+$3.3M	$0

Sector Allocation

19.6%$78.0M

2.0%$8.2M

1.1%$4.5M

0.8%$3.0M

Consumer Discretionary

0.7%$2.7M

Energy

0.4%$1.6M

Healthcare

0.4%$1.5M

Communication Services

0.1%$552,303

Consumer Staples

0.1%$238,605

Filing History

Jan 13, 202613F HOLDINGS REPORTQ/E Dec 2025123 pos · $399.0M
Oct 15, 202513F HOLDINGS REPORTQ/E Sep 2025114 pos · $386.2M
Jul 17, 202513F HOLDINGS REPORTQ/E Jun 2025116 pos · $339.4M
Apr 15, 202513F HOLDINGS REPORTQ/E Mar 2025113 pos · $287.7M
Jan 16, 202513F HOLDINGS REPORT (Amended)Q/E Dec 2024114 pos · $277.3M
Jan 14, 202513F HOLDINGS REPORTQ/E Dec 202431 pos · $106.1M
Oct 9, 202413F HOLDINGS REPORTQ/E Sep 2024112 pos · $272.7M
Aug 12, 202413F HOLDINGS REPORTQ/E Jun 2024802 pos · $279.7M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024605 pos · $128.9M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024704 pos · $198.1M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024803 pos · $261.3M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024702 pos · $171.2M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024553 pos · $110.2M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024730 pos · $211.1M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024639 pos · $2.6M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024770 pos · $217.9M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024600 pos · $146.7M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024501 pos · $110.0M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024676 pos · $221.7M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024499 pos · $89.9M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	BLACKROCK ETF TRUST	BLK	543,668	$33.1M	8.86%
2	ISHARES TR	464287200	41,298	$28.3M	7.58%
3	ISHARES TR	464287408	128,896	$27.3M	7.33%
4	ISHARES INC	46434G103	353,452	$23.8M	6.37%
5	ISHARES TR	464287309	182,870	$22.5M	6.04%
6	ISHARES TR	464287101	64,691	$22.2M	5.95%
7	BLACKROCK ETF TRUST II	BLK	325,159	$17.2M	4.60%
8	ISHARES TR	464288877	198,697	$14.2M	3.80%
9	ISHARES TR	46432F339	65,709	$13.1M	3.50%
10	ISHARES TR	46429B291	270,386	$13.0M	3.49%
11	ISHARES TR	464288653	126,944	$12.9M	3.46%
12	BLACKROCK ETF TRUST	BLK	286,841	$11.1M	2.96%
13	BLACKROCK ETF TRUST	BLK	323,351	$10.8M	2.89%
14	ISHARES GOLD TR	IAU	132,637	$10.8M	2.89%
15	ISHARES TR	46435G672	211,065	$10.6M	2.83%
16	ISHARES TR	464288588	110,454	$10.5M	2.82%
17	ISHARES TR	46432F396	40,265	$10.1M	2.70%
18	SCHWAB STRATEGIC TR	808524854	324,019	$8.1M	2.18%
19	GLOBAL X FDS	37960A529	101,230	$6.6M	1.76%
20	JANUS DETROIT STR TR	47103U845	112,574	$5.7M	1.53%