Kelman-Lazarov, Inc.
•CIK: 1672067•Filing: Q4 2025
**Kelman-Lazarov, Inc.** manages $700M across a diversified portfolio of 134 positions. The fund exhibits a notable concentration in growth and sector-specific equities, with top holdings including FNDX ($64.1M) and SCHG ($59.9M). Significant allocations are also directed toward MOAT ($57.6M) and a mix of index and thematic ETFs, such as SPYM ($32.9M) and STIP ($31.0M). This structure suggests a tactical, large-cap growth mandate emphasizing technology and market momentum.
Total AUM
$700.3M
QoQ Performance
+3.8%
Positions
62
Top 10 Concentration
53.9%
Latest Filing
Q4 2025
Top Holdings Allocation
FNDX
SCHG
MOAT
FNDX9.2%
SCHG8.5%
MOAT8.2%
SPYM4.7%
STIP4.4%
GSLC4.0%
SCHX3.9%
AVDE3.8%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other92.6%
Financial3.0%
Technology2.0%
ETF1.1%
Consumer0.5%
Healthcare0.3%
Communication0.2%
Industrial0.2%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW5 new positions
↑79 increased
↓35 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023