Kapstone Financial Advisors LLC

13F filer · CIK 0001966087

Reported Aug 7, 2026

Net buyer this quarter

13F portfolio value$239MU.S. long equity reported on 13F

Positions12415 new · 7 closed

Net flow last quarter+$4.73MBuys minus sells

Top 10 positions weight25.2%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 7, 2026124 positions
AAPLApple Inc.	$17.9M	7.51%	0.00%	-1.9%	Q4 2022
QQQInvesco QQQ Trust, Series 1	$5.49M	2.30%	Not reported	+4.2%	Q4 2022
GOOGLAlphabet Inc.	$5.29M	2.22%	0.00%	-1.3%	Q4 2022
PGPROCTER & GAMBLE Co	$4.98M	2.08%	0.00%	+5.5%	Q4 2022
PLTRPalantir Technologies Inc.	$4.97M	2.08%	0.00%	+4.7%	Q4 2022
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$4.61M	1.93%	Not reported	-1.1%	Q4 2022
METAMeta Platforms, Inc.	$4.57M	1.91%	Not reported	-4.3%	Q4 2022
MSFTMicrosoft Corp	$4.5M	1.88%	0.00%	+6.8%	Q4 2022
NVDANvidia Corp	$4.07M	1.71%	0.00%	+0.3%	Q4 2022
ABBVAbbVie Inc.	$3.84M	1.61%	0.00%	+12.1%	Q4 2022
GOOGAlphabet Inc.	$3.29M	1.38%	Not reported	-0.3%	Q4 2022
JPMJPMorgan Chase & Co	$3.1M	1.30%	0.00%	+3.4%	Q4 2022
BRK.BBerkshire Hathaway Inc	$3.05M	1.28%	Not reported	-2.8%	Q4 2022
IBITiShares Bitcoin Trust ETF	$2.59M	1.08%	0.01%	+28.6%	Q4 2025
MUMicron Technology Inc	$2.54M	1.06%	0.00%	-16.4%	Q2 2023
AMZNAmazon Com Inc	$2.18M	0.91%	0.00%	+0.9%	Q4 2022
JNJJohnson & Johnson	$2.12M	0.89%	0.00%	+11.9%	Q4 2022
XOMExxonMobil Holdings Corp	$2.1M	0.88%	0.00%	+19.9%	Q4 2022
CSCOCisco Systems, Inc.	$2.07M	0.87%	0.00%	+5.3%	Q4 2022
SPYSPDR S&P 500 ETF Trust	$1.72M	0.72%	Not reported	+1.4%	Q4 2022
GSGoldman Sachs Group Inc	$1.55M	0.65%	0.00%	+361.5%	Q2 2024
LCNBLCNB Corp	$1.51M	0.63%	0.60%	-0.5%	Q4 2022
MSTRStrategy Inc	$1.44M	0.60%	Not reported	+0.6%	Q1 2023
PMPhilip Morris International Inc.	$1.41M	0.59%	0.00%	-0.3%	Q4 2022
CAHCardinal Health Inc	$1.36M	0.57%	0.00%	+1.3%	Q4 2022
ADIAnalog Devices Inc	$1.29M	0.54%	0.00%	+0.3%	Q4 2022
MRKMerck & Co., Inc.	$1.15M	0.48%	0.00%	Not reported	Q4 2022
MPCMarathon Petroleum Corp	$1.15M	0.48%	0.00%	-14.3%	Q4 2022
KOCoca Cola Co	$1.14M	0.48%	0.00%	+57.6%	Q4 2022
VVisa Inc.	$1.09M	0.46%	0.00%	+0.6%	Q4 2022
MOAltria Group, Inc.	$1.08M	0.45%	0.00%	-1.1%	Q4 2022
COSTCostco Wholesale Corp	$1.05M	0.44%	0.00%	Not reported	Q4 2024
LRCXLam Research Corp	$985K	0.41%	0.00%	Not reported	Q4 2025
UBERUber Technologies, Inc	$941K	0.39%	0.00%	-11.2%	Q2 2025
DUKDuke Energy CORP	$929K	0.39%	0.00%	-0.2%	Q4 2022
CMICummins Inc	$871K	0.36%	0.00%	Not reported	Q4 2022
CSXCSX Corp	$832K	0.35%	0.00%	-6.4%	Q4 2022
BRK.ABerkshire Hathaway Inc	$749K	0.31%	Not reported	Not reported	Q4 2023
LMTLockheed Martin Corp	$747K	0.31%	0.00%	+15.0%	Q4 2022
SMHMarket Vectors ETF Trust	$728K	0.30%	Not reported	+70.5%	Q1 2026
AXONAxon Enterprise, Inc.	$719K	0.30%	0.00%	-4.7%	Q3 2024
HBANHuntington Bancshares Inc	$711K	0.30%	0.00%	Not reported	Q4 2022
CVXChevron Corp	$678K	0.28%	0.00%	-53.9%	Q4 2022
MLMMartin Marietta Materials Inc	$668K	0.28%	0.00%	-7.9%	Q4 2022
VMCVulcan Materials CO	$656K	0.27%	0.00%	-7.3%	Q4 2022
PAYXPaychex Inc	$653K	0.27%	0.00%	-2.9%	Q4 2022
CATCaterpillar Inc	$646K	0.27%	0.00%	Not reported	Q1 2026
HDHome Depot, Inc.	$632K	0.26%	0.00%	-2.4%	Q4 2022
GLDSPDR Gold Trust	$597K	0.25%	0.00%	+32.7%	Q4 2025
BACBank of America Corp	$596K	0.25%	0.00%	-2.5%	Q4 2022

Q1 2026Reported Apr 22, 2026115 positions
AAPLApple Inc.	$16M	7.86%	0.00%	-24.3%	Q4 2022
PLTRPalantir Technologies Inc.	$5.95M	2.92%	0.00%	+3.5%	Q4 2022
METAMeta Platforms, Inc.	$4.85M	2.38%	Not reported	Not reported	Q4 2022
PGPROCTER & GAMBLE Co	$4.65M	2.28%	0.00%	+5.2%	Q4 2022
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$4.37M	2.14%	Not reported	+0.3%	Q4 2022
GOOGLAlphabet Inc.	$4.32M	2.11%	0.00%	-6.0%	Q4 2022
MSFTMicrosoft Corp	$4.18M	2.05%	0.00%	+5.1%	Q4 2022
QQQInvesco QQQ Trust, Series 1	$4.13M	2.02%	Not reported	+1.3%	Q4 2022
NVDANvidia Corp	$3.54M	1.73%	0.00%	+3.2%	Q4 2022
BRK.BBerkshire Hathaway Inc	$3M	1.47%	Not reported	+5.1%	Q4 2022
ABBVAbbVie Inc.	$2.96M	1.45%	0.00%	-0.9%	Q4 2022
JPMJPMorgan Chase & Co	$2.69M	1.32%	0.00%	+3.2%	Q4 2022
GOOGAlphabet Inc.	$2.68M	1.31%	Not reported	-1.9%	Q4 2022
IBITiShares Bitcoin Trust ETF	$2.32M	1.14%	0.00%	+47.5%	Q4 2025
XOMExxonMobil Holdings Corp	$2.17M	1.06%	0.00%	+7.5%	Q4 2022
MSTRStrategy Inc	$2.06M	1.01%	Not reported	-2.6%	Q1 2023
AMZNAmazon Com Inc	$1.89M	0.92%	0.00%	+11.4%	Q4 2022
CVXChevron Corp	$1.84M	0.90%	0.00%	+143.8%	Q4 2022
JNJJohnson & Johnson	$1.83M	0.90%	0.00%	+3.2%	Q4 2022
SPYSPDR S&P 500 ETF Trust	$1.47M	0.72%	Not reported	-3.2%	Q4 2022
LCNBLCNB Corp	$1.34M	0.66%	0.60%	Not reported	Q4 2022
CSCOCisco Systems, Inc.	$1.3M	0.64%	0.00%	+5.9%	Q4 2022
PMPhilip Morris International Inc.	$1.29M	0.63%	0.00%	-43.6%	Q4 2022
MPCMarathon Petroleum Corp	$1.28M	0.63%	0.00%	Not reported	Q4 2022
CAHCardinal Health Inc	$1.19M	0.58%	0.00%	Not reported	Q4 2022
COSTCostco Wholesale Corp	$1.12M	0.55%	0.00%	+7.2%	Q4 2024
MRKMerck & Co., Inc.	$1.08M	0.53%	0.00%	+4.6%	Q4 2022
UBERUber Technologies, Inc	$1.06M	0.52%	0.00%	+1.4%	Q2 2025
ADIAnalog Devices Inc	$1.03M	0.51%	0.00%	+11.1%	Q4 2022
MOAltria Group, Inc.	$1M	0.49%	0.00%	+0.1%	Q4 2022
DUKDuke Energy CORP	$963K	0.47%	0.00%	+1.0%	Q4 2022
VVisa Inc.	$953K	0.47%	0.00%	+5.0%	Q4 2022
MUMicron Technology Inc	$888K	0.43%	0.00%	Not reported	Q2 2023
LMTLockheed Martin Corp	$771K	0.38%	0.00%	+13.2%	Q4 2022
CSXCSX Corp	$768K	0.38%	0.00%	Not reported	Q4 2022
MLMMartin Marietta Materials Inc	$741K	0.36%	0.00%	Not reported	Q4 2022
BRK.ABerkshire Hathaway Inc	$718K	0.35%	Not reported	Not reported	Q4 2023
FBTCFidelity Wise Origin Bitcoin Fund	$694K	0.34%	0.01%	+2.8%	Q4 2025
KOCoca Cola Co	$674K	0.33%	0.00%	+7.6%	Q4 2022
CMICummins Inc	$657K	0.32%	0.00%	Not reported	Q4 2022
VMCVulcan Materials CO	$654K	0.32%	0.00%	-4.2%	Q4 2022
PAYXPaychex Inc	$631K	0.31%	0.00%	-2.8%	Q4 2022
HBANHuntington Bancshares Inc	$628K	0.31%	0.00%	Not reported	Q4 2022
HDHome Depot, Inc.	$604K	0.30%	0.00%	+5.9%	Q4 2022
ISRGIntuitive Surgical Inc	$575K	0.28%	0.00%	Not reported	Q4 2022
AXONAxon Enterprise, Inc.	$572K	0.28%	0.00%	+33.3%	Q3 2024
SOSouthern Co	$541K	0.26%	0.00%	-1.1%	Q4 2022
GLDSPDR Gold Trust	$525K	0.26%	0.00%	+6.8%	Q4 2025
BACBank of America Corp	$523K	0.26%	0.00%	Not reported	Q4 2022
IRMIron Mountain Inc	$506K	0.25%	0.00%	-2.8%	Q4 2022

Q4 2025Reported Feb 5, 2026103 positions
AAPLApple Inc.	$22.7M	11.27%	0.00%	-1.3%	Q4 2022
PLTRPalantir Technologies Inc.	$6.99M	3.47%	0.00%	-2.5%	Q4 2022
METAMeta Platforms, Inc.	$5.6M	2.78%	Not reported	+0.7%	Q4 2022
MSFTMicrosoft Corp	$5.2M	2.59%	0.00%	+2.6%	Q4 2022
GOOGLAlphabet Inc.	$5M	2.48%	0.00%	+0.3%	Q4 2022
PGPROCTER & GAMBLE Co	$4.38M	2.18%	0.00%	-1.9%	Q4 2022
QQQInvesco QQQ Trust, Series 1	$4.34M	2.16%	Not reported	+1.5%	Q4 2022
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$4.22M	2.10%	Not reported	-3.4%	Q4 2022
NVDANvidia Corp	$3.67M	1.82%	0.00%	-2.3%	Q4 2022
ABBVAbbVie Inc.	$3.14M	1.56%	0.00%	0.0%	Q4 2022
BRK.BBerkshire Hathaway Inc	$3M	1.49%	Not reported	+4.1%	Q4 2022
GOOGAlphabet Inc.	$2.99M	1.48%	Not reported	-0.2%	Q4 2022
JPMJPMorgan Chase & Co	$2.86M	1.42%	0.00%	-0.7%	Q4 2022
MSTRStrategy Inc	$2.57M	1.28%	Not reported	-76.5%	Q1 2023
PMPhilip Morris International Inc.	$2.22M	1.11%	0.00%	-1.0%	Q4 2022
IBITiShares Bitcoin Trust ETF	$2.03M	1.01%	0.00%	New	Q4 2025
AMZNAmazon Com Inc	$1.88M	0.93%	0.00%	-5.2%	Q4 2022
SPYSPDR S&P 500 ETF Trust	$1.6M	0.79%	Not reported	+12.8%	Q4 2022
JNJJohnson & Johnson	$1.5M	0.75%	0.00%	Not reported	Q4 2022
XOMExxonMobil Holdings Corp	$1.43M	0.71%	0.00%	+11.3%	Q4 2022
LCNBLCNB Corp	$1.41M	0.70%	0.61%	-3.2%	Q4 2022
CSCOCisco Systems, Inc.	$1.22M	0.61%	0.00%	+1.8%	Q4 2022
UBERUber Technologies, Inc	$1.18M	0.59%	0.00%	+77.9%	Q2 2025
CAHCardinal Health Inc	$1.16M	0.58%	0.00%	+4.5%	Q4 2022
VVisa Inc.	$1.05M	0.52%	0.00%	-0.5%	Q4 2022
COSTCostco Wholesale Corp	$903K	0.45%	0.00%	-3.6%	Q4 2024
MRKMerck & Co., Inc.	$903K	0.45%	0.00%	+1.4%	Q4 2022
MOAltria Group, Inc.	$876K	0.44%	0.00%	-0.5%	Q4 2022
FBTCFidelity Wise Origin Bitcoin Fund	$872K	0.43%	0.00%	New	Q4 2025
DUKDuke Energy CORP	$854K	0.42%	0.00%	+5.7%	Q4 2022
MPCMarathon Petroleum Corp	$852K	0.42%	0.00%	Not reported	Q4 2022
ADIAnalog Devices Inc	$791K	0.39%	0.00%	+6.7%	Q4 2022
PAYXPaychex Inc	$790K	0.39%	0.00%	-6.1%	Q4 2022
MLMMartin Marietta Materials Inc	$783K	0.39%	0.00%	-2.6%	Q4 2022
BRK.ABerkshire Hathaway Inc	$755K	0.38%	Not reported	Not reported	Q4 2023
MUMicron Technology Inc	$750K	0.37%	0.00%	Not reported	Q2 2023
VMCVulcan Materials CO	$714K	0.36%	0.00%	-0.8%	Q4 2022
ISRGIntuitive Surgical Inc	$707K	0.35%	0.00%	Not reported	Q4 2022
HBANHuntington Bancshares Inc	$696K	0.35%	0.00%	Not reported	Q4 2022
CSXCSX Corp	$678K	0.34%	0.00%	-0.3%	Q4 2022
FFord Motor Co	$663K	0.33%	0.00%	Not reported	Q4 2022
CMICummins Inc	$624K	0.31%	0.00%	Not reported	Q4 2022
HDHome Depot, Inc.	$597K	0.30%	0.00%	Not reported	Q4 2022
BACBank of America Corp	$590K	0.29%	0.00%	-7.1%	Q4 2022
KOCoca Cola Co	$576K	0.29%	0.00%	+8.2%	Q4 2022
AXONAxon Enterprise, Inc.	$574K	0.29%	0.00%	+4.2%	Q3 2024
CVXChevron Corp	$555K	0.28%	0.00%	-0.6%	Q4 2022
LMTLockheed Martin Corp	$545K	0.27%	0.00%	Not reported	Q4 2022
SOSouthern Co	$494K	0.25%	0.00%	Not reported	Q4 2022
AXPAmerican Express Co	$482K	0.24%	0.00%	Not reported	Q4 2022

Q3 2025Reported Nov 7, 202596 positions
MSTRStrategy Inc	$23.2M	10.93%	Not reported	+2.2%	Q1 2023
AAPLApple Inc.	$21.5M	10.14%	0.00%	-3.3%	Q4 2022
PLTRPalantir Technologies Inc.	$7.35M	3.46%	0.00%	+2.4%	Q4 2022
METAMeta Platforms, Inc.	$6.18M	2.91%	Not reported	-9.4%	Q4 2022
MSFTMicrosoft Corp	$5.43M	2.56%	0.00%	+0.3%	Q4 2022
PGPROCTER & GAMBLE Co	$4.79M	2.26%	0.00%	-1.1%	Q4 2022
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$4.29M	2.02%	Not reported	-3.1%	Q4 2022
QQQInvesco QQQ Trust, Series 1	$4.18M	1.97%	Not reported	+16.5%	Q4 2022
GOOGLAlphabet Inc.	$3.87M	1.82%	0.00%	-2.3%	Q4 2022
NVDANvidia Corp	$3.76M	1.77%	0.00%	-6.1%	Q4 2022
ABBVAbbVie Inc.	$3.18M	1.50%	0.00%	-2.0%	Q4 2022
BRK.BBerkshire Hathaway Inc	$2.88M	1.36%	Not reported	-2.6%	Q4 2022
JPMJPMorgan Chase & Co	$2.82M	1.33%	0.00%	-4.0%	Q4 2022
GOOGAlphabet Inc.	$2.32M	1.09%	Not reported	-2.7%	Q4 2022
PMPhilip Morris International Inc.	$2.27M	1.07%	0.00%	+74.8%	Q4 2022
AMZNAmazon Com Inc	$1.88M	0.89%	0.00%	-2.9%	Q4 2022
SPYSPDR S&P 500 ETF Trust	$1.38M	0.65%	Not reported	+0.8%	Q4 2022
JNJJohnson & Johnson	$1.34M	0.63%	0.00%	-7.1%	Q4 2022
LCNBLCNB Corp	$1.33M	0.63%	0.63%	-0.6%	Q4 2022
XOMExxonMobil Holdings Corp	$1.21M	0.57%	0.00%	-7.0%	Q4 2022
CSCOCisco Systems, Inc.	$1.06M	0.50%	0.00%	Not reported	Q4 2022
VVisa Inc.	$1.03M	0.49%	0.00%	+3.6%	Q4 2022
MPCMarathon Petroleum Corp	$1.01M	0.48%	0.00%	-19.6%	Q4 2022
MOAltria Group, Inc.	$1.01M	0.48%	0.00%	-0.8%	Q4 2022
COSTCostco Wholesale Corp	$1.01M	0.47%	0.00%	Not reported	Q4 2024
PAYXPaychex Inc	$951K	0.45%	0.00%	Not reported	Q4 2022
DUKDuke Energy CORP	$853K	0.40%	0.00%	-3.2%	Q4 2022
CAHCardinal Health Inc	$848K	0.40%	0.00%	Not reported	Q4 2022
MLMMartin Marietta Materials Inc	$814K	0.38%	0.00%	-1.8%	Q4 2022
UBERUber Technologies, Inc	$798K	0.38%	0.00%	+83.2%	Q2 2025
VMCVulcan Materials CO	$777K	0.37%	0.00%	-6.5%	Q4 2022
BRK.ABerkshire Hathaway Inc	$754K	0.36%	Not reported	Not reported	Q4 2023
MRKMerck & Co., Inc.	$710K	0.33%	0.00%	-11.0%	Q4 2022
HDHome Depot, Inc.	$703K	0.33%	0.00%	Not reported	Q4 2022
AXONAxon Enterprise, Inc.	$695K	0.33%	0.00%	+3.2%	Q3 2024
HBANHuntington Bancshares Inc	$693K	0.33%	0.00%	Not reported	Q4 2022
ADIAnalog Devices Inc	$672K	0.32%	0.00%	Not reported	Q4 2022
CSXCSX Corp	$667K	0.31%	0.00%	Not reported	Q4 2022
FFord Motor Co	$605K	0.28%	0.00%	-12.5%	Q4 2022
BACBank of America Corp	$596K	0.28%	0.00%	Not reported	Q4 2022
CVXChevron Corp	$569K	0.27%	0.00%	+2.2%	Q4 2022
LMTLockheed Martin Corp	$562K	0.26%	0.00%	-1.3%	Q4 2022
ISRGIntuitive Surgical Inc	$558K	0.26%	0.00%	+11.2%	Q4 2022
SOSouthern Co	$537K	0.25%	0.00%	-3.8%	Q4 2022
IRMIron Mountain Inc	$530K	0.25%	0.00%	-10.3%	Q4 2022
CMICummins Inc	$516K	0.24%	0.00%	Not reported	Q4 2022
KOCoca Cola Co	$505K	0.24%	0.00%	-0.9%	Q4 2022
DHIHorton D R Inc	$470K	0.22%	0.00%	-7.2%	Q4 2023
MUMicron Technology Inc	$440K	0.21%	0.00%	-16.1%	Q2 2023
AXPAmerican Express Co	$433K	0.20%	0.00%	Not reported	Q4 2022

Premium opens every quarter this fund has filed