Kapstone Financial Advisors LLC

LEBANON, OH · CIK 1966087 · 13F filing filed 2026-08-07

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyLebanon, OH

$238.8m reported value +17.0% vs Q1 2026

175positions

48.1%in top 10

27 new 45 added 50 reduced 6 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR CORE S&P500 ETF IVV	IVV	61,329	$45.9m19.23%	19.23%	Added +1.8k	+1,825 3.1%
2	APPLE INC COM AAPL	AAPL	61,991	$17.9m7.51%	7.51%	Reduced -1.2k	-1,204 -1.9%
3	ISHARES TR CORE HIGH DV ETF HDV	HDV	498,717	$13.7m5.72%	5.72%	Added +2.1k	+2,107 0.4%
4	ISHARES TR S&P 500 GRWT ETF IVW	IVW	53,760	$7.4m3.10%	3.10%	Added +7.2k	+7,181 15.4%
5	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	7,460	$5.5m2.30%	2.30%	Added +302	+302 4.2%
6	ALPHABET INC CAP STK CL A GOOGL	GOOGL	14,812	$5.3m2.22%	2.22%	Reduced -200	-200 -1.3%
7	PROCTER AND GAMBLE CO COM PG	PG	33,936	$5.0m2.08%	2.08%	Added +1.8k	+1,766 5.5%
8	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	42,616	$5.0m2.08%	2.08%	Added +1.9k	+1,927 4.7%
9	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	29,163	$4.6m1.93%	1.93%	Reduced -326	-326 -1.1%
10	META PLATFORMS INC CL A META	META	8,110	$4.6m1.91%	1.91%	Reduced -368	-368 -4.3%
11	MICROSOFT CORP COM MSFT	MSFT	12,065	$4.5m1.88%	1.88%	Added +767	+767 6.8%
12	NVIDIA CORPORATION COM NVDA	NVDA	20,357	$4.1m1.71%	1.71%	Added +63	+63 0.3%
13	ABBVIE INC COM ABBV	ABBV	15,264	$3.8m1.61%	1.61%	Added +1.6k	+1,642 12.1%
14	ISHARES TR RUS 1000 GRW ETF IWF	IWF	29,236	$3.6m1.52%	1.52%	Reduced -96	-96 -0.3%
15	ALPHABET INC CAP STK CL C GOOG	GOOG	9,308	$3.3m1.38%	1.38%	Reduced -31	-31 -0.3%
16	ISHARES TR SELECT DIVID ETF DVY	DVY	20,948	$3.3m1.37%	1.37%	Reduced -197	-197 -0.9%
17	JPMORGAN CHASE & CO COM JPM	JPM	9,463	$3.1m1.30%	1.30%	Added +313	+313 3.4%
18	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	6,093	$3.0m1.28%	1.28%	Reduced -174	-174 -2.8%
19	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	77,664	$2.6m1.08%	1.08%	Added +17.3k	+17,251 28.6%
20	MICRON TECHNOLOGY INC COM MU	MU	2,197	$2.5m1.06%	1.06%	Reduced -431	-431 -16.4%
21	FIDELITY COVINGTON TRUST ENHANCED INTL FENI	FENI	54,777	$2.2m0.92%	0.92%	Added +9.8k	+9,751 21.7%
22	AMAZON COM INC COM AMZN	AMZN	9,142	$2.2m0.91%	0.91%	Added +84	+84 0.9%
23	JOHNSON & JOHNSON COM JNJ	JNJ	8,363	$2.1m0.89%	0.89%	Added +886	+886 11.8%
24	EXXON MOBIL CORP COM XOM	XOM	15,357	$2.1m0.88%	0.88%	Added +2.5k	+2,543 19.9%
25	CISCO SYS INC COM CSCO	CSCO	17,643	$2.1m0.87%	0.87%	Added +887	+887 5.3%
26	FIRST TR EXCHANGE-TRADED FD CAP STRENGTH ETF FTCS	FTCS	20,949	$2.0m0.82%	0.82%	Reduced -191	-191 -0.9%
27	ISHARES TR CORE DIV GRWTH DGRO	DGRO	23,729	$1.8m0.75%	0.75%	Added +221	+221 0.9%
28	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	2,300	$1.7m0.72%	0.72%	Added +32	+32 1.4%
29	GOLDMAN SACHS GROUP INC COM GS	GS	1,532	$1.5m0.65%	0.65%	Added +1.2k	+1,200 361.4%
30	INVESCO EXCHANGE TRADED FD T S&P500 EQL TEC RSPT	RSPT	23,540	$1.5m0.64%	0.64%	Unchanged
31	LCNB CORP COM LCNB	LCNB	85,667	$1.5m0.63%	0.63%	Reduced -400	-400 -0.5%
32	FIRST TR EXCHANGE-TRADED FD GROWTH STRENGTH FTGS	FTGS	38,992	$1.4m0.60%	0.60%	Reduced -602	-602 -1.5%
33	MICROSTRATEGY INC CL A NEW MSTR	MSTR	16,590	$1.4m0.60%	0.60%	Added +90	+90 0.6%
34	PHILIP MORRIS INTL INC COM PM	PM	7,789	$1.4m0.59%	0.59%	Reduced -23	-23 -0.3%
35	VANGUARD INDEX FDS MCAP VL IDXVIP VOE	VOE	7,095	$1.4m0.59%	0.59%	Added +13	+13 0.2%
36	VANGUARD INDEX FDS VALUE ETF VTV	VTV	6,249	$1.4m0.57%	0.57%	Added +3.0k	+3,041 94.8%
37	CARDINAL HEALTH INC COM CAH	CAH	5,719	$1.4m0.57%	0.57%	Added +73	+73 1.3%
38	ANALOG DEVICES INC COM ADI	ADI	3,252	$1.3m0.54%	0.54%	Added +10	+10 0.3%
39	FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIV RDVY	RDVY	15,149	$1.2m0.51%	0.51%	Reduced -474	-474 -3.0%
40	MERCK & CO INC COM MRK	MRK	8,968	$1.2m0.48%	0.48%	Unchanged
41	MARATHON PETE CORP COM MPC	MPC	4,490	$1.1m0.48%	0.48%	Reduced -750	-750 -14.3%
42	COCA COLA CO COM KO	KO	13,968	$1.1m0.48%	0.48%	Added +5.1k	+5,105 57.6%
43	VISA INC COM CL A V	V	3,170	$1.1m0.46%	0.46%	Added +18	+18 0.6%
44	ALTRIA GROUP INC COM MO	MO	15,041	$1.1m0.45%	0.45%	Reduced -164	-164 -1.1%
45	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	12,390	$1.1m0.45%	0.45%	Added +7.4k	+7,386 147.6%
46	COSTCO WHSL CORP NEW COM COST	COST	1,122	$1.0m0.44%	0.44%	Unchanged
47	INVESCO EXCH TRADED FD TR II S&P 500 MOMNTM SPMO	SPMO	6,481	$1.0m0.44%	0.44%	Added +3.0k	+3,009 86.7%
48	LAM RESEARCH CORP COM NEW LRCX	LRCX	2,273	$985.0k0.41%	0.41%	Unchanged
49	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	3,980	$967.1k0.40%	0.40%	Reduced -97	-97 -2.4%
50	UBER TECHNOLOGIES INC COM UBER	UBER	13,039	$940.9k0.39%	0.39%	Reduced -1.6k	-1,650 -11.2%
51	DUKE ENERGY CORP NEW COM NEW DUK	DUK	7,339	$929.0k0.39%	0.39%	Reduced -16	-16 -0.2%
52	CUMMINS INC COM CMI	CMI	1,222	$871.2k0.36%	0.36%	Unchanged
53	FIDELITY MERRIMACK STR TR CORP BOND ETF FCOR	FCOR	18,228	$859.5k0.36%	0.36%	Added +2.3k	+2,313 14.5%
54	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	2,467	$848.4k0.36%	0.36%	Added +91	+91 3.8%
55	CSX CORP COM CSX	CSX	17,515	$832.5k0.35%	0.35%	Reduced -1.2k	-1,200 -6.4%
56	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1	$748.9k0.31%	0.31%	Unchanged
57	LOCKHEED MARTIN CORP COM LMT	LMT	1,466	$746.9k0.31%	0.31%	Added +191	+191 15.0%
58	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	1,110	$728.0k0.30%	0.30%	Added +459	+459 70.5%
59	AXON ENTERPRISE INC COM AXON	AXON	1,283	$719.3k0.30%	0.30%	Reduced -63	-63 -4.7%
60	HUNTINGTON BANCSHARES INC COM HBAN	HBAN	40,122	$711.4k0.30%	0.30%	Unchanged
61	VANECK ETF TRUST MRNGSTR WDE MOAT MOAT	MOAT	6,547	$680.6k0.28%	0.28%	Reduced -7	-7 -0.1%
62	CHEVRON CORP NEW COM CVX	CVX	4,092	$678.3k0.28%	0.28%	Reduced -4.8k	-4,788 -53.9%
63	J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM JEPQ	JEPQ	10,895	$669.6k0.28%	0.28%	Added +1.9k	+1,853 20.5%
64	MARTIN MARIETTA MATLS INC COM MLM	MLM	1,159	$668.4k0.28%	0.28%	Reduced -99	-99 -7.9%
65	VULCAN MATLS CO COM VMC	VMC	2,225	$656.4k0.27%	0.27%	Reduced -175	-175 -7.3%
66	PAYCHEX INC COM PAYX	PAYX	6,645	$653.4k0.27%	0.27%	Reduced -200	-200 -2.9%
67	CATERPILLAR INC COM CAT	CAT	607	$646.4k0.27%	0.27%	Unchanged
68	HOME DEPOT INC COM HD	HD	1,792	$632.0k0.26%	0.26%	Reduced -44	-44 -2.4%
69	SPDR GOLD TR GOLD SHS GLD	GLD	1,620	$596.8k0.25%	0.25%	Added +399	+399 32.7%
70	BANK AMERICA CORP COM BAC	BAC	10,452	$595.6k0.25%	0.25%	Reduced -270	-270 -2.5%
71	IRON MTN INC DEL COM IRM	IRM	4,676	$590.6k0.25%	0.25%	Reduced -276	-276 -5.6%
72	SPDR SER TR S&P DIVID ETF SDY	SDY	3,806	$579.2k0.24%	0.24%	Unchanged
73	FIRST TR EXCHANGE-TRADED FD NASDQ CLN EDGE GRID	GRID	3,003	$575.9k0.24%	0.24%	Added +492	+492 19.6%
74	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	2,000	$552.3k0.23%	0.23%	Unchanged
75	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	2,279	$539.3k0.23%	0.23%	New
76	FIDELITY WISE ORIGIN BITCOIN SHS FBTC	FBTC	10,505	$536.3k0.22%	0.22%	Reduced -1.2k	-1,245 -10.6%
77	AMERICAN EXPRESS CO COM AXP	AXP	1,572	$531.7k0.22%	0.22%	Added +8	+8 0.5%
78	SOUTHERN CO COM SO	SO	5,415	$518.3k0.22%	0.22%	Reduced -186	-186 -3.3%
79	FIRST TR VALUE LINE DIVID IN SHS FVD	FVD	10,424	$502.2k0.21%	0.21%	Reduced -221	-221 -2.1%
80	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	1,230	$489.1k0.20%	0.20%	Reduced -18	-18 -1.4%
81	CORNING INC COM GLW	GLW	1,908	$487.4k0.20%	0.20%	Unchanged
82	CINCINNATI FINL CORP COM CINF	CINF	2,539	$470.0k0.20%	0.20%	Unchanged
83	SPDR DOW JONES INDL AVERAGE UT SER 1 DIA	DIA	869	$454.0k0.19%	0.19%	Unchanged
84	SELECT SECTOR SPDR TR ENERGY XLE	XLE	8,383	$445.2k0.19%	0.19%	Added +207	+207 2.5%
85	FIRST TR NASDAQ 100 TECH IND SHS QTEC	QTEC	1,330	$445.1k0.19%	0.19%	Reduced -43	-43 -3.1%
86	D R HORTON INC COM DHI	DHI	2,640	$430.0k0.18%	0.18%	Unchanged
87	NOVARTIS AG SPONSORED ADR NVS	NVS	2,695	$422.4k0.18%	0.18%	Unchanged
88	ELI LILLY & CO COM LLY	LLY	351	$421.0k0.18%	0.18%	Added +99	+99 39.3%
89	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	1,129	$417.8k0.17%	0.17%	Unchanged
90	VANGUARD BD INDEX FDS VANGUARD ULTRA VUSB	VUSB	8,280	$412.2k0.17%	0.17%	New
91	ISHARES TR CORE MSCI EAFE IEFA	IEFA	4,191	$404.8k0.17%	0.17%	Reduced -150	-150 -3.5%
92	DELTA AIR LINES INC DEL COM NEW DAL	DAL	4,292	$402.0k0.17%	0.17%	Unchanged
93	APPLIED MATLS INC COM AMAT	AMAT	540	$390.4k0.16%	0.16%	New
94	VANGUARD INDEX FDS MID CAP ETF VO	VO	4,744	$382.2k0.16%	0.16%	New
95	ISHARES TR DOW JONES US ETF IYY	IYY	2,051	$373.9k0.16%	0.16%	Unchanged
96	ABRDN GLOBAL DYNAMIC DIVIDEN COM XAGDX	XAGDX	30,640	$371.1k0.16%	0.16%	Added +2.0k	+2,000 7.0%
97	BLACKROCK MUNIYIELD QUALITY COM MYI	MYI	33,145	$368.2k0.15%	0.15%	Reduced -5.5k	-5,480 -14.2%
98	COREWEAVE INC COM CL A CRWV	CRWV	3,535	$351.9k0.15%	0.15%	Added +48	+48 1.4%
99	CITIGROUP INC COM NEW C	C	2,508	$351.0k0.15%	0.15%	Unchanged
100	MASTERCARD INCORPORATED CL A MA	MA	677	$347.7k0.15%	0.15%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
CONOCOPHILLIPS COP	COP	1,806	$238.4k1.8k shares
GILEAD SCIENCES INC GILD	GILD	1,557	$217.0k1.6k shares
SHELL PLC SHEL	SHEL	2,177	$202.5k2.2k shares
ABRDN LIFE SCIENCES INVESTOR HQL	HQL	11,217	$182.5k11.2k shares
CONAGRA BRANDS INC CAG	CAG	10,184	$160.1k10.2k shares
LIBERTY ALL STAR EQUITY FD USA	USA	13,064	$72.5k13.1k shares