Kapstone Financial Advisors LLC

13F filer, CIK 1966087, LEBANON, OH

Kapstone Financial Advisors LLC reported $164,952,328 across 108 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-06. Its ten largest share positions make up 57.93% of the portfolio.

Filed 2024-11-06 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC13F-HR 0001951757-24-001175

Period: 2024-09-30
Reported value: $165M
Holdings: 108
Top 10 weight: 57.93%
New: 7
Sold out: 7

Largest buys vs the previous quarter

Security	Shares change	Approx. value
MSTRadded	+63,161	$11.1M
MCDadded	+4,900	$1.49M
IVVadded	+1,867	$1.07M
BXnew	+1,615	$250K
QQQadded	+485	$236K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
GSexited	-3,036	-$1.37M
NKEexited	-3,280	-$247K
CVSexited	-3,995	-$236K
QCOMexited	-1,175	-$234K
MCKexited	-377	-$220K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001951757-24-001175, largest first. % of portfolio is the value over $164,952,328, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
IVVISHARES TR	42,951	$24.7M	14.95%	+1,867	Timeline
AAPLAPPLE INC	91,355	$20.8M	12.62%	+17	Timeline
MSTRSTRATEGY INC	70,291	$12.4M	7.51%	+63,161	Timeline
HDVISHARES TR	104,883	$12.3M	7.45%	-234	Timeline
PGPROCTER & GAMBLE CO	33,314	$5.78M	3.5%	-44	Timeline
METAMETA PLATFORMS INC	9,255	$5.25M	3.18%	0	Timeline
MSFTMICROSOFT CORP	10,089	$4.32M	2.62%	+256	Timeline
VYMVANGUARD WHITEHALL FDS	31,812	$4.06M	2.46%	-457	Timeline
DVYISHARES TR	23,015	$3.1M	1.88%	+300	Timeline
IVWISHARES TR	30,559	$2.91M	1.76%	+973	Timeline
IWFISHARES TR	7,418	$2.77M	1.68%	-8	Timeline
GOOGLALPHABET INC	16,847	$2.76M	1.67%	-1,025	Timeline
ABBVABBVIE INC	14,046	$2.74M	1.66%	+1	Timeline
NVDANVIDIA CORPORATION	19,668	$2.39M	1.45%	-132	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	4,695	$2.15M	1.3%	+168	Timeline
JPMJPMORGAN CHASE & CO	9,768	$2.06M	1.25%	+422	Timeline
QQQINVESCO QQQ TR	4,042	$1.97M	1.19%	+485	Timeline
FTCSFIRST TR EXCHANGE-TRADED FD	21,539	$1.95M	1.18%	-44	Timeline
MCDMCDONALDS CORP	5,918	$1.8M	1.09%	+4,900	Timeline
GOOGALPHABET INC	9,868	$1.63M	0.99%	-5	Timeline
DGROISHARES TR	25,254	$1.58M	0.96%	-108	Timeline
AMZNAMAZON COM INC	8,060	$1.52M	0.92%	+75	Timeline
FTGSFIRST TR EXCHANGE-TRADED FD	47,128	$1.47M	0.89%	+4,795	Timeline
XOMEXXON MOBIL CORP	11,785	$1.36M	0.83%	+2	Timeline
LCNBLCNB CORP	86,907	$1.31M	0.79%	-1,500	Timeline
JNJJOHNSON & JOHNSON	7,829	$1.26M	0.77%	-16	Timeline
PLTRPALANTIR TECHNOLOGIES INC	33,988	$1.25M	0.76%	+4,208	Timeline
MPCMARATHON PETE CORP	7,266	$1.19M	0.72%	0	Timeline
MRKMERCK & CO INC	9,896	$1.13M	0.68%	0	Timeline
XLESELECT SECTOR SPDR TR	12,448	$1.09M	0.66%	-1,364	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	1,803	$1.03M	0.62%	+12	Timeline
PAYXPAYCHEX INC	7,505	$998K	0.61%	-25	Timeline
PMPHILIP MORRIS INTL INC	7,636	$921K	0.56%	+442	Timeline
CSCOCISCO SYS INC	16,681	$884K	0.54%	-751	Timeline
ELVELEVANCE HEALTH INC FORMERLY	1,626	$852K	0.52%	-70	Timeline
VVISA INC	3,000	$826K	0.5%	-75	Timeline
LMTLOCKHEED MARTIN CORP	1,413	$823K	0.5%	0	Timeline
RDVYFIRST TR EXCHANGE TRADED FD	13,014	$767K	0.47%	0	Timeline
DUKDUKE ENERGY CORP NEW	6,358	$737K	0.45%	-35	Timeline
VMCVULCAN MATLS CO	2,838	$710K	0.43%	0	Timeline
MLMMARTIN MARIETTA MATLS INC	1,317	$710K	0.43%	-120	Timeline
CRMSALESFORCE INC	2,532	$700K	0.42%	0	Timeline
HDHOME DEPOT INC	1,741	$696K	0.42%	0	Timeline
MOALTRIA GROUP INC	13,559	$692K	0.42%	-200	Timeline
BRK-ABERKSHIRE HATHAWAY INC DEL	1	$686K	0.42%	0	Timeline
IRMIRON MTN INC DEL	5,788	$676K	0.41%	0	Timeline
LLYELI LILLY & CO	766	$672K	0.41%	+256	Timeline
RSPTINVESCO EXCHANGE TRADED FD T	17,280	$653K	0.4%	0	Timeline
CSXCSX CORP	18,778	$648K	0.39%	0	Timeline
DHID R HORTON INC	3,365	$641K	0.39%	0	Timeline
ADIANALOG DEVICES INC	2,734	$634K	0.38%	0	Timeline
HBANHUNTINGTON BANCSHARES INC	40,122	$587K	0.36%	0	Timeline
CVXCHEVRON CORPORATION	4,036	$587K	0.36%	-219	Timeline
KOCOCA COLA CO	7,684	$552K	0.33%	0	Timeline
RSPHINVESCO EXCHANGE TRADED FD T	16,830	$541K	0.33%	0	Timeline
TSLATESLA INC	2,073	$540K	0.33%	0	Timeline
ISRGINTUITIVE SURGICAL INC	1,122	$538K	0.33%	0	Timeline
SOSOUTHERN CO	5,886	$530K	0.32%	0	Timeline
BMYBRISTOL-MYERS SQUIBB CO	10,246	$522K	0.32%	0	Timeline
SDYSPDR SERIES TRUST	3,663	$519K	0.31%	-400	Timeline
CAHCARDINAL HEALTH INC	4,646	$510K	0.31%	0	Timeline
BACBANK OF AMER CORP	12,569	$495K	0.3%	-53	Timeline
NOBLPROSHARES TR	3,848	$410K	0.25%	0	Timeline
MINTPIMCO ETF TR	4,040	$407K	0.25%	0	Timeline
CMICUMMINS INC	1,222	$399K	0.24%	0	Timeline
CAGCONAGRA BRANDS INC	11,934	$387K	0.23%	0	Timeline
DALDELTA AIR LINES INC	7,409	$382K	0.23%	-412	Timeline
PGRPROGRESSIVE CORP	1,470	$369K	0.22%	0	Timeline
LOWLOWES COS INC	1,350	$361K	0.22%	-11	Timeline
KMBKIMBERLY-CLARK CORP	2,517	$359K	0.22%	-136	Timeline
VZVERIZON COMMUNICATIONS INC	7,749	$348K	0.21%	0	Timeline
CINFCINCINNATI FINL CORP	2,539	$344K	0.21%	-129	Timeline
KRKROGER CO	5,947	$336K	0.2%	-50	Timeline
AXPAMERICAN EXPRESS CO	1,227	$333K	0.2%	0	Timeline
MUMICRON TECHNOLOGY INC	3,025	$325K	0.2%	0	Timeline
NVSNOVARTIS AG	2,695	$312K	0.19%	0	Timeline
FDXFEDEX CORP	1,161	$311K	0.19%	-27	Timeline
BABOEING CO	1,929	$302K	0.18%	-75	Timeline
MAMASTERCARD INCORPORATED	604	$298K	0.18%	-88	Timeline
LWLAMB WESTON HLDGS INC	4,388	$293K	0.18%	0	Timeline
FFORD MTR CO	26,260	$283K	0.17%	-735	Timeline
DISDISNEY WALT CO	2,933	$282K	0.17%	-883	Timeline
QYLDGLOBAL X FDS	15,192	$274K	0.17%	+2,800	Timeline
DTDWISDOMTREE TR	3,500	$267K	0.16%	0	Timeline
WMTWALMART INC	3,297	$263K	0.16%	0	Timeline
FITBFIFTH THIRD BANCORP	6,118	$263K	0.16%	0	Timeline
QTECFIRST TR EXCHANGE-TRADED FD	1,358	$261K	0.16%	-30	Timeline
BXBLACKSTONE INC	1,615	$250K	0.15%	new	Timeline
JEPQJ P MORGAN EXCHANGE TRADED F	4,525	$248K	0.15%	+778	Timeline
IJRISHARES TR	2,085	$243K	0.15%	-8	Timeline
VTIVANGUARD INDEX FDS	845	$238K	0.14%	0	Timeline
PEPPEPSICO INC	1,373	$233K	0.14%	-417	Timeline
UNPUNION PAC CORP	930	$227K	0.14%	0	Timeline
AXONAXON ENTERPRISE INC	574	$227K	0.14%	new	Timeline
XLFSELECT SECTOR SPDR TR	4,924	$222K	0.13%	0	Timeline
UNHUNITEDHEALTH GROUP INC	378	$220K	0.13%	new	Timeline
EDCONSOLIDATED EDISON INC	2,111	$220K	0.13%	new	Timeline
IWBISHARES TR	700	$219K	0.13%	0	Timeline
TMUST-MOBILE US INC	1,000	$205K	0.12%	new	Timeline
AZNASTRAZENECA PLC-SPONS ADR	2,618	$203K	0.12%	0	Timeline
RYLDGLOBAL X FDS	11,990	$193K	0.12%	new	Timeline
XFOFXCOHEN & STEERS CLOSED-END	13,650	$177K	0.11%	+2,000	Timeline
HQLABRDN LIFE SCIENCES INVESTOR	11,823	$177K	0.11%	new	Timeline
THWABRDN WORLD HEALTHCARE FUND	10,500	$137K	0.08%	0	Timeline
BDJBLACKROCK ENHANCED EQUITY DI	11,761	$102K	0.06%	+850	Timeline
ASGLIBERTY ALL-STAR GROWTH FD I	17,279	$96.4K	0.06%	+1,677	Timeline
ETWEATON VANCE TAX-MANAGED GLOB	10,035	$86.6K	0.05%	0	Timeline
GABGABELLI EQUITY TR INC	11,650	$63.7K	0.04%	0	Timeline

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
GSGOLDMAN SACHS GROUP INC	3,036	$1.37M	shares
NKENIKE INC	3,280	$247K	shares
CVSCVS HEALTH CORP	3,995	$236K	shares
QCOMQUALCOMM INC	1,175	$234K	shares
MCKMCKESSON CORP	377	$220K	shares
NUENUCOR CORP	1,290	$204K	shares
VLOVALERO ENERGY CORP	1,294	$203K	shares

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001951757-24-001175	base		2024-11-06	acceptance time not in the bulk data set	2026-10-07 18:26:56 UTC