KELMAN-LAZAROV INC
Q1 2022 Form 13-F
MEMPHIS, TENNESSEE
CIK 0001672067
· CRD 107727
· SEC-registered investment adviser
$300.6M Reported Value Total
KELMAN LAZAROV INC reports 1,137 total accounts under management (AUM). There are 1,137 discretionary accounts valued at $621,404,627, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-03-31
Reported value
$300.6M
Quarter over quarter
-3.9%
Holdings
82
Top-10 concentration
78.2%
Key People
Form ADV owners & control persons
Keith Francis Schmitt
PRESIDENT/DIRECTOR OF FINANCIAL PLANNING
Andrew D Buzan
TREASURER/CHIEF INVESTMENT OFFICER
Martin Samuel Kelman
CHAIRMAN
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Q1 2022 13F record
Q1 2022 13F filing summary
| Period of report | March 31, 2022 |
|---|---|
| Filed | May 10, 2022 |
| Form | 13F-HR |
| Reported value | $300.6M |
| Positions | 82 |
| Change in reported value | -3.3% |
| New positions | 1 |
| Exited positions | 3 |
| Position turnover | 4.7% |
| Top-10 concentration | 78.2% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 10, 2026
|
154 | $763.3M |
|
Q1 2026 13F
Filed Apr 27, 2026
|
140 | $697.6M |
|
Q4 2025 13F
Filed Jan 26, 2026
|
134 | $700.3M |
|
Q3 2025 13F
Filed Nov 12, 2025
|
132 | $674.5M |
|
Q2 2025 13F
Filed Jul 29, 2025
|
122 | $617.2M |
|
Q1 2025 13F
Filed May 6, 2025
|
116 | $550.9M |
|
Q4 2024 13F
Filed Feb 13, 2025
|
109 | $555.5M |
|
Q3 2024 13F
Filed Nov 8, 2024
|
109 | $581.2M |
|
Q2 2024 13F
Filed Aug 12, 2024
|
106 | $536.2M |
|
Q1 2024 13F
Filed May 9, 2024
|
104 | $511.7M |
|
Q4 2023 13F
Filed Feb 1, 2024
|
102 | $461.9M |
|
Q3 2023 13F
Filed Oct 30, 2023
|
96 | $422.9M |
|
Q2 2023 13F
Filed Aug 4, 2023
|
97 | $415.9M |
|
Q1 2023 13F
Filed May 4, 2023
|
95 | $385.3M |
|
Q4 2022 13F
Filed Feb 6, 2023
|
91 | $355.4M |
|
Q3 2022 13F
Filed Oct 24, 2022
|
83 | $293.9M |
|
Q2 2022 13F
Filed Aug 8, 2022
|
82 | $296.0M |
|
Q1 2022 13F
Filed May 10, 2022
|
82 | $300.6M |
|
Q4 2021 13F
Filed Feb 9, 2022
|
84 | $310.7M |
|
Q3 2021 13F
Filed Nov 4, 2021
|
82 | $285.5M |
22 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q1 2022
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | FNDX SCHWAB STRATEGIC TR | $46.0M | 15.31% |
| 2 | MOAT VANECK ETF TRUST | $38.6M | 12.83% |
| 3 | SCHG SCHWAB STRATEGIC TR | $36.5M | 12.13% |
| 4 | GSLC GOLDMAN SACHS ETF TR | $32.9M | 10.95% |
| 5 | GSIE GOLDMAN SACHS ETF TR | $27.9M | 9.28% |
| 6 | FNDE SCHWAB STRATEGIC TR | $13.4M | 4.45% |
| 7 | BRK-B BERKSHIRE HATHAWAY INC DEL | $13.2M | 4.39% |
| 8 | IJR ISHARES TR | $12.8M | 4.26% |
| 9 | SCHF SCHWAB STRATEGIC TR | $8.2M | 2.73% |
| 10 | GEM GOLDMAN SACHS ETF TR | $5.7M | 1.9% |
| 11 | IJH ISHARES TR | $4.4M | 1.46% |
| 12 | RWL INVESCO EXCH TRADED FD TR II | $3.2M | 1.05% |
| 13 | SPY SPDR S&P 500 ETF TR | $3.2M | 1.05% |
| 14 | AAPL APPLE INC | $2.9M | 0.97% |
| 15 | GOOGL ALPHABET INC | $2.5M | 0.85% |
| 16 | FNDC SCHWAB STRATEGIC TR | $2.5M | 0.84% |
| 17 | TSLA TESLA INC | $2.2M | 0.72% |
| 18 | FDX FEDEX CORP | $2.1M | 0.7% |
| 19 | MA MASTERCARD INCORPORATED | $2.0M | 0.65% |
| 20 | MDY SPDR S&P MIDCAP 400 ETF TR | $1.9M | 0.64% |
Values as reported on the Q1 2022 Form 13F. Every position is in the holdings table below.