Kapstone Financial Advisors LLC

CIK

1966087

Location

LEBANON, OH

Portfolio Value

Small $108,476,776

Diversification

Diversified

Filing Date

Global Rank

#5,509 / 8,603 ▲ 65 · as of Mar 2026

Top Industry

Consumer Electronics 16.2%

3Y Alpha vs SPY

-8.2%

Period ended 3 months ago

Filed Apr 22, 2026 · 3mo

14 quarters · since Dec 2022

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+42.4%

SPY

+76.0%

Annualised alpha

-8.2%

Max drawdown

−22.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

108 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

14.8%

−5.0 pts

Top 5

33.0%

−6.7 pts

Top 10

49.4%

−6.4 pts

HHI

406

Diversified−182

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	35.0%	$37,961,414	14
Financial Services	14.2%	$15,419,109	32
Communication Services	9.1%	$9,886,334	5
Unclassified	9.0%	$9,766,089	7
Consumer Defensive	8.9%	$9,610,892	8
Healthcare	8.5%	$9,169,244	10
Industrials	4.4%	$4,791,827	12
Energy	3.7%	$4,051,066	6
Consumer Cyclical	3.4%	$3,734,343	6
Utilities	1.8%	$1,968,443	4
Basic Materials	1.5%	$1,612,218	3
Real Estate	0.5%	$505,797	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBIT	iShares Bitcoin Trust ETF	+19,448	60,413	$2,321,067
AOD	abrdn Total Dynamic Dividend Fund	+7,000	20,050	$184,660
GAB	Gabelli Equity Trust Inc	+6,970	31,350	$175,560
CVX	Chevron Corp	+5,238	8,880	$1,837,272
AGD	abrdn Global Dynamic Dividend Fund	+3,315	28,640	$309,312
GOF	Guggenheim Strategic Opportunities Fund	+2,500	12,570	$138,521
FOF	Cohen & Steers Closed-End Opportunity Fund, Inc.	+2,300	23,690	$303,942
ETY	Eaton Vance Tax-Managed Diversified Equity Income Fund	+2,000	13,266	$182,938
PG	PROCTER & GAMBLE Co	+1,587	32,170	$4,646,634
PLTR	Palantir Technologies Inc.	+1,389	40,689	$5,951,986
LRCX	Lam Research Corp	+1,043	2,273	$485,649
CSCO	Cisco Systems, Inc.	+940	16,756	$1,300,098
AMZN	Amazon Com Inc	+926	9,058	$1,886,509
WMT	Walmart Inc.	+659	2,869	$356,559
NVDA	Nvidia Corp	+630	20,294	$3,539,273
KO	Coca Cola Co	+624	8,863	$674,031
CRWV	CoreWeave, Inc.	+620	3,487	$270,137
MSFT	Microsoft Corp	+544	11,298	$4,182,180
MRK	Merck & Co., Inc.	+393	8,968	$1,078,760
AXON	Axon Enterprise, Inc.	+336	1,346	$571,632
ADI	Analog Devices Inc	+325	3,242	$1,031,409
FBTC	Fidelity Wise Origin Bitcoin Fund	+315	11,750	$693,602
BRK-B	Berkshire Hathaway Inc	+303	6,267	$3,003,146
JPM	Jpmorgan Chase & Co	+286	9,150	$2,691,564
AXP	American Express Co	+260	1,564	$473,078
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
F	Ford Motor Co	−27,050	23,516	$271,374
AAPL	Apple Inc.	−20,228	63,195	$16,038,259
USA	Liberty All Star Equity Fund	−6,936	13,064	$72,505
PM	Philip Morris International Inc.	−6,049	7,812	$1,291,636
HQL	abrdn Life Sciences Investors	−3,189	11,217	$182,500
GOOGL	Alphabet Inc.	−955	15,012	$4,316,850
MSTR	Strategy Inc	−434	16,500	$2,059,200
PAYX	Paychex Inc	−200	6,845	$630,561
IRM	Iron Mountain Inc	−143	4,952	$505,797
DHI	Horton D R Inc /De/	−131	2,640	$362,260
ABBV	AbbVie Inc.	−121	13,622	$2,962,648
VMC	Vulcan Materials CO	−105	2,400	$653,520
DAL	Delta Air Lines, Inc.	−83	4,292	$285,332
SPY	Spdr S&P 500 ETF Trust	−76	2,268	$1,474,971
SO	Southern Co	−62	5,601	$540,608
DIS	Walt Disney Co	−25	2,233	$215,216
MCK	Mckesson Corp	−21	329	$284,703
MA	Mastercard Inc	−12	677	$338,269
No positions match the current search.

New Positions

Positions the filer opened this quarter

19 positions

Ticker	Company	Shares	Value
CAT	Caterpillar Inc	607	$430,035
MYI	Blackrock Muniyield Quality Fund III, Inc.	38,625	$405,948
HPF	John Hancock Preferred Income Fund II	18,743	$292,578
GS	Goldman Sachs Group Inc	332	$280,868
IBM	International Business Machines Corp	1,109	$268,810
VLO	Valero Energy Corp/Tx	1,069	$264,128
GLW	Corning Inc /Ny	1,908	$259,430
RTX	RTX Corp	1,308	$252,313
COP	Conocophillips	1,806	$238,392
EPD	Enterprise Products Partners L.P.	6,060	$229,310
AEP	American Electric Power Co Inc	1,723	$225,850
GILD	Gilead Sciences, Inc.	1,557	$216,999
BGT	Blackrock Floating Rate Income Trust	19,830	$213,370
NBIS	Nebius Group N.V.	2,000	$207,520
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	12,605	$202,562
SHEL	Shell plc	2,177	$202,461
ROAD	Construction Partners, Inc.	1,800	$200,016
EVN	Eaton Vance Municipal Income Trust	10,390	$108,159
IGA	Voya Global Advantage & Premium Opportunity Fund	10,290	$98,372
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
ELV	Elevance Health, Inc.	894	$313,391
ORCL	Oracle Corp	1,275	$248,510
DIAX	Nuveen Dow 30sm Dynamic Overwrite Fund	14,535	$221,804
AVGO	Broadcom Inc.	635	$219,773
DOCU	Docusign, Inc.	3,145	$215,118
SPGI	S&P Global Inc.	416	$205,674
GM	General Motors Co	2,495	$202,893
ASG	Liberty All Star Growth Fund Inc.	18,763	$99,443
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

108 positions · $108,476,776 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 108 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	63,195	-20,228	$16,038,259	−29.3%	14.78%
PLTR	Palantir Technologies Inc. Technology	Added	40,689	+1,389	$5,951,986	−14.8%	5.49%
META	Meta Platforms, Inc. Communication Services	Held	8,478	0	$4,850,518	−13.3%	4.47%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	32,170	+1,587	$4,646,634	+6.0%	4.28%
GOOGL	Alphabet Inc. Communication Services	Reduced	15,012	-955	$4,316,850	−13.6%	3.98%
MSFT	Microsoft Corp Technology	Added	11,298	+544	$4,182,180	−19.6%	3.86%
QQQ	Invesco Qqq Trust, Series 1	Added	7,158	+94	$4,131,454	−4.8%	3.81%
NVDA	Nvidia Corp Technology	Added	20,294	+630	$3,539,273	−3.5%	3.26%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	6,267	+303	$3,003,146	+0.2%	2.77%
ABBV	AbbVie Inc. Healthcare	Reduced	13,622	-121	$2,962,648	−5.7%	2.73%
JPM	Jpmorgan Chase & Co Financial Services	Added	9,150	+286	$2,691,564	−5.8%	2.48%
IBIT	iShares Bitcoin Trust ETF	Added	60,413	+19,448	$2,321,067	+14.1%	2.14%
MSTR	Strategy Inc Technology	Reduced	16,500	-434	$2,059,200	−20.0%	1.90%
AMZN	Amazon Com Inc Consumer Cyclical	Added	9,058	+926	$1,886,509	+0.5%	1.74%
CVX	Chevron Corp Energy	Added	8,880	+5,238	$1,837,272	+231.0%	1.69%
JNJ	Johnson & Johnson Healthcare	Added	7,477	+230	$1,827,677	+21.9%	1.68%
SPY	Spdr S&P 500 ETF Trust	Reduced	2,268	-76	$1,474,971	−7.7%	1.36%
LCNB	Lcnb Corp Financial Services	Held	86,067	0	$1,341,784	−4.9%	1.24%
CSCO	Cisco Systems, Inc. Technology	Added	16,756	+940	$1,300,098	+6.7%	1.20%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	7,812	-6,049	$1,291,636	−41.9%	1.19%
MPC	Marathon Petroleum Corp Energy	Held	5,240	0	$1,279,503	+50.1%	1.18%
CAH	Cardinal Health Inc Healthcare	Held	5,646	0	$1,193,056	+2.8%	1.10%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	1,122	+75	$1,117,994	+23.8%	1.03%
MRK	Merck & Co., Inc. Healthcare	Added	8,968	+393	$1,078,760	+19.5%	0.99%
UBER	Uber Technologies, Inc Technology	Added	14,689	+207	$1,056,579	−10.7%	0.97%
ADI	Analog Devices Inc Technology	Added	3,242	+325	$1,031,409	+30.4%	0.95%
MO	Altria Group, Inc. Consumer Defensive	Added	15,205	+10	$1,003,377	+14.5%	0.92%
DUK	Duke Energy CORP Utilities	Added	7,355	+73	$963,063	+12.8%	0.89%
V	Visa Inc. Financial Services	Added	3,152	+149	$952,660	−9.5%	0.88%
MU	Micron Technology Inc Technology	Held	2,628	0	$887,843	+18.4%	0.82%
LMT	Lockheed Martin Corp Industrials	Added	1,275	+149	$770,597	+41.5%	0.71%
CSX	Csx Corp Industrials	Held	18,715	0	$768,250	+13.2%	0.71%
MLM	Martin Marietta Materials Inc Basic Materials	Held	1,258	0	$740,559	−5.5%	0.68%
FBTC	Fidelity Wise Origin Bitcoin Fund	Added	11,750	+315	$693,602	−20.4%	0.64%
KO	Coca Cola Co Consumer Defensive	Added	8,863	+624	$674,031	+17.0%	0.62%
CMI	Cummins Inc Industrials	Held	1,222	0	$657,460	+5.4%	0.61%
VMC	Vulcan Materials CO Basic Materials	Reduced	2,400	-105	$653,520	−8.5%	0.60%
PAYX	Paychex Inc Technology	Reduced	6,845	-200	$630,561	−20.2%	0.58%
HBAN	Huntington Bancshares Inc /Md/ Financial Services	Held	40,122	0	$627,909	−9.8%	0.58%
HD	Home Depot, Inc. Consumer Cyclical	Added	1,836	+102	$603,842	+1.2%	0.56%
ISRG	Intuitive Surgical Inc Healthcare	Held	1,248	0	$575,315	−18.6%	0.53%
AXON	Axon Enterprise, Inc. Industrials	Added	1,346	+336	$571,632	−0.3%	0.53%
SO	Southern Co Utilities	Reduced	5,601	-62	$540,608	+9.5%	0.50%
GLD	Spdr Gold Trust	Added	1,221	+78	$525,384	+16.0%	0.48%
BAC	Bank Of America Corp /De/ Financial Services	Held	10,722	0	$522,697	−11.4%	0.48%
IRM	Iron Mountain Inc Real Estate	Reduced	4,952	-143	$505,797	+19.7%	0.47%
LRCX	Lam Research Corp Technology	Added	2,273	+1,043	$485,649	+130.7%	0.45%
AXP	American Express Co Financial Services	Added	1,564	+260	$473,078	−1.9%	0.44%
CAT	Caterpillar Inc Industrials	NEW	607	NEW	$430,035	NEW	0.40%
NVS	Novartis AG Healthcare	Held	2,695	0	$411,661	+10.8%	0.38%