# EDGAR Filing Document

**Accession Number:** 0001989251
**File Stem:** 0002085853-26-000464
**Filing Date:** 2026-4
**Character Count:** 13973
**Document Hash:** 21232dc7e89059266823cc8bacc29dd7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-26-000464.hdr.sgml**: 20260423

**ACCESSION NUMBER**: 0002085853-26-000464

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260423

**DATE AS OF CHANGE**: 20260423

**EFFECTIVENESS DATE**: 20260423

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dupree Financial Group, LLC
- **CENTRAL INDEX KEY:** 0001989251

**ORGANIZATION NAME:**
- **EIN:** 270059167
- **STATE OF INCORPORATION:** KY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23564
- **FILM NUMBER:** 26885766

**BUSINESS ADDRESS:**
- **STREET 1:** 237 E. MAIN STREET
- **CITY:** LEXINGTON
- **STATE:** KY
- **ZIP:** 40507
- **BUSINESS PHONE:** 8592330400

**MAIL ADDRESS:**
- **STREET 1:** 237 E. MAIN STREET
- **CITY:** LEXINGTON
- **STATE:** KY
- **ZIP:** 40507

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Dupree Financial Group LLC<br>**Address:** 237 E. MAIN STREET<br>LEXINGTON, KY 40507

**Form 13F File Number:** 028-23564

**CRD Number (if applicable):** 000131091

**SEC File Number (if applicable):** 801-71497

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** David Hudson Kemp<br>**Title:** Chief Compliance Officer Investment Advisor Representative<br>**Phone:** 859-233-0400

**Signature, Place, and Date of Signing:**

/s/ David Hudson Kemp  Lexington, KY  04-23-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 108

**Form 13F Information Table Value Total:** $248459501

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 288282 | 1985 | SH |  | OTR |  | 0 | 0 | 1985 |
| 3M CO | COM | 88579Y101 |  | 72535 | 499 | SH |  | SOLE |  | 0 | 0 | 499 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 5090110 | 90170 | SH |  | SOLE |  | 0 | 0 | 90170 |
| AGNC INVT CORP | COM | 00123Q104 |  | 43430 | 4330 | SH |  | OTR |  | 0 | 0 | 4330 |
| AGNC INVT CORP | COM | 00123Q104 |  | 13936420 | 1389474 | SH |  | SOLE |  | 0 | 0 | 1389474 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 345953 | 1206 | SH |  | SOLE |  | 0 | 0 | 1206 |
| AMAZON COM INC | COM | 023135106 |  | 8029689 | 38554 | SH |  | SOLE |  | 0 | 0 | 38554 |
| AMAZON COM INC | COM | 023135106 |  | 29574 | 142 | SH |  | OTR |  | 0 | 0 | 142 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 10035937 | 474512 | SH |  | SOLE |  | 0 | 0 | 474512 |
| APPLE INC | COM | 037833100 |  | 4468522 | 17607 | SH |  | SOLE |  | 0 | 0 | 17607 |
| APPLE INC | COM | 037833100 |  | 458196 | 1805 | SH |  | OTR |  | 0 | 0 | 1805 |
| APPLIED DIGITAL CORP | COM NEW | 038169207 |  | 1219263 | 51359 | SH |  | SOLE |  | 0 | 0 | 51359 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 691862 | 8179 | SH |  | SOLE |  | 0 | 0 | 8179 |
| AT INC | COM | 00206R102 |  | 4133821 | 142595 | SH |  | SOLE |  | 0 | 0 | 142595 |
| AXT INC | COM | 00246W103 |  | 785070 | 13778 | SH |  | SOLE |  | 0 | 0 | 13778 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 81464 | 170 | SH |  | OTR |  | 0 | 0 | 170 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 11584461 | 24175 | SH |  | SOLE |  | 0 | 0 | 24175 |
| BLACKSTONE INC | COM | 09260D107 |  | 3766422 | 32754 | SH |  | SOLE |  | 0 | 0 | 32754 |
| BLACKSTONE INC | COM | 09260D107 |  | 10189 | 89 | SH |  | OTR |  | 0 | 0 | 89 |
| BLACKSTONE MORTGAGE TRUST IN | COM CL A | 09257W100 |  | 5939671 | 310166 | SH |  | SOLE |  | 0 | 0 | 310166 |
| BP PLC | SPONSORED ADR | 055622104 |  | 14027721 | 298462 | SH |  | SOLE |  | 0 | 0 | 298462 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 9587682 | 163976 | SH |  | SOLE |  | 0 | 0 | 163976 |
| BROADCOM INC | COM | 11135F101 |  | 366460 | 1184 | SH |  | SOLE |  | 0 | 0 | 1184 |
| BROADCOM INC | COM | 11135F101 |  | 3454 | 11 | SH |  | OTR |  | 0 | 0 | 11 |
| CATERPILLAR INC | COM | 149123101 |  | 221748 | 313 | SH |  | SOLE |  | 0 | 0 | 313 |
| CHEVRON CORPORATION | COM | 166764100 |  | 57311 | 277 | SH |  | OTR |  | 0 | 0 | 277 |
| CHEVRON CORPORATION | COM | 166764100 |  | 10900351 | 52684 | SH |  | SOLE |  | 0 | 0 | 52684 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 49524 | 315 | SH |  | OTR |  | 0 | 0 | 315 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 3799857 | 24149 | SH |  | SOLE |  | 0 | 0 | 24149 |
| COCA COLA CO | COM | 191216100 |  | 75579 | 994 | SH |  | OTR |  | 0 | 0 | 994 |
| COCA COLA CO | COM | 191216100 |  | 168831 | 2220 | SH |  | SOLE |  | 0 | 0 | 2220 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 2651262 | 168655 | SH |  | SOLE |  | 0 | 0 | 168655 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 196267 | 197 | SH |  | SOLE |  | 0 | 0 | 197 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 36331 | 36 | SH |  | OTR |  | 0 | 0 | 36 |
| CSX CORP | COM | 126408103 |  | 758727 | 18483 | SH |  | SOLE |  | 0 | 0 | 18483 |
| CUMMINS INC | COM | 231021106 |  | 7467463 | 13880 | SH |  | SOLE |  | 0 | 0 | 13880 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 3676891 | 18543 | SH |  | SOLE |  | 0 | 0 | 18543 |
| DIMENSIONAL ETF TRUST | US REAL ESTATE E | 25434V823 |  | 316958 | 13402 | SH |  | SOLE |  | 0 | 0 | 13402 |
| DIMENSIONAL ETF TRUST | US REAL ESTATE E | 25434V823 |  | 2247 | 95 | SH |  | OTR |  | 0 | 0 | 95 |
| ELI LILLY  CO | COM | 532457108 |  | 570257 | 620 | SH |  | SOLE |  | 0 | 0 | 620 |
| ENBRIDGE INC | COM | 29250N105 |  | 13543314 | 250154 | SH |  | SOLE |  | 0 | 0 | 250154 |
| ENBRIDGE INC | COM | 29250N105 |  | 38485 | 711 | SH |  | OTR |  | 0 | 0 | 711 |
| EOG RES INC | COM | 26875P101 |  | 4571210 | 31619 | SH |  | SOLE |  | 0 | 0 | 31619 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 11464249 | 35075 | SH |  | SOLE |  | 0 | 0 | 35075 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1540397 | 9079 | SH |  | SOLE |  | 0 | 0 | 9079 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 122248 | 721 | SH |  | OTR |  | 0 | 0 | 721 |
| FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 316188309 |  | 3923 | 86 | SH |  | OTR |  | 0 | 0 | 86 |
| FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 316188309 |  | 627731 | 13760 | SH |  | SOLE |  | 0 | 0 | 13760 |
| HOME DEPOT INC | COM | 437076102 |  | 395326 | 1202 | SH |  | SOLE |  | 0 | 0 | 1202 |
| HOME DEPOT INC | COM | 437076102 |  | 1017 | 3 | SH |  | OTR |  | 0 | 0 | 3 |
| HUT 8 CORP | COM | 44812J104 |  | 674003 | 14368 | SH |  | SOLE |  | 0 | 0 | 14368 |
| INNODATA INC | COM NEW | 457642205 |  | 671061 | 17376 | SH |  | SOLE |  | 0 | 0 | 17376 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1269055 | 6612 | SH |  | SOLE |  | 0 | 0 | 6612 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 |  | 141651 | 1884 | SH |  | OTR |  | 0 | 0 | 1884 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 151266 | 788 | SH |  | OTR |  | 0 | 0 | 788 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 |  | 650499 | 8651 | SH |  | SOLE |  | 0 | 0 | 8651 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 50116 | 626 | SH |  | OTR |  | 0 | 0 | 626 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 219257 | 2739 | SH |  | SOLE |  | 0 | 0 | 2739 |
| ISHARES TR | CORE S ETF | 464287200 |  | 252312 | 386 | SH |  | SOLE |  | 0 | 0 | 386 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 9690 | 64 | SH |  | OTR |  | 0 | 0 | 64 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 40129 | 323 | SH |  | OTR |  | 0 | 0 | 323 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 670323 | 5392 | SH |  | SOLE |  | 0 | 0 | 5392 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 836904 | 5527 | SH |  | SOLE |  | 0 | 0 | 5527 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 189197 | 774 | SH |  | SOLE |  | 0 | 0 | 774 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 87243 | 357 | SH |  | OTR |  | 0 | 0 | 357 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 727164 | 2472 | SH |  | SOLE |  | 0 | 0 | 2472 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 3900 | 116 | SH |  | OTR |  | 0 | 0 | 116 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 6471992 | 193021 | SH |  | SOLE |  | 0 | 0 | 193021 |
| KROGER CO | COM | 501044101 |  | 6984097 | 96519 | SH |  | SOLE |  | 0 | 0 | 96519 |
| KROGER CO | COM | 501044101 |  | 3473 | 48 | SH |  | OTR |  | 0 | 0 | 48 |
| MACYS INC | COM | 55616P104 |  | 5932696 | 327954 | SH |  | SOLE |  | 0 | 0 | 327954 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 4917333 | 2844 | SH |  | SOLE |  | 0 | 0 | 2844 |
| MERCK  CO INC | COM | 58933Y105 |  | 178677 | 1485 | SH |  | SOLE |  | 0 | 0 | 1485 |
| MERCK  CO INC | COM | 58933Y105 |  | 357622 | 2973 | SH |  | OTR |  | 0 | 0 | 2973 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1781092 | 5272 | SH |  | SOLE |  | 0 | 0 | 5272 |
| MICROSOFT CORP | COM | 594918104 |  | 837353 | 2262 | SH |  | SOLE |  | 0 | 0 | 2262 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 1858134 | 17908 | SH |  | SOLE |  | 0 | 0 | 17908 |
| NETFLIX INC. | COM | 64110L106 |  | 16346 | 170 | SH |  | OTR |  | 0 | 0 | 170 |
| NETFLIX INC. | COM | 64110L106 |  | 285566 | 2970 | SH |  | SOLE |  | 0 | 0 | 2970 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 831559 | 4768 | SH |  | SOLE |  | 0 | 0 | 4768 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 5234 | 30 | SH |  | OTR |  | 0 | 0 | 30 |
| OLD REP INTL CORP | COM | 680223104 |  | 6722113 | 168474 | SH |  | SOLE |  | 0 | 0 | 168474 |
| OXFORD INDS INC | COM | 691497309 |  | 5156355 | 133897 | SH |  | SOLE |  | 0 | 0 | 133897 |
| PEPSICO INC | COM | 713448108 |  | 432017 | 2782 | SH |  | SOLE |  | 0 | 0 | 2782 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 561879 | 3890 | SH |  | SOLE |  | 0 | 0 | 3890 |
| REALTY INCOME CORP | COM | 756109104 |  | 5205356 | 85083 | SH |  | SOLE |  | 0 | 0 | 85083 |
| REALTY INCOME CORP | COM | 756109104 |  | 52761 | 862 | SH |  | OTR |  | 0 | 0 | 862 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 77566 | 1585 | SH |  | OTR |  | 0 | 0 | 1585 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 1830500 | 37411 | SH |  | SOLE |  | 0 | 0 | 37411 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X541 |  | 590382 | 7907 | SH |  | SOLE |  | 0 | 0 | 7907 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X541 |  | 42263 | 566 | SH |  | OTR |  | 0 | 0 | 566 |
| SPIRE INC | COM | 84857L101 |  | 307021 | 3391 | SH |  | SOLE |  | 0 | 0 | 3391 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 3076 | 9 | SH |  | OTR |  | 0 | 0 | 9 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 3490417 | 10328 | SH |  | SOLE |  | 0 | 0 | 10328 |
| TSS INC DEL | COM | 87288V101 |  | 1226505 | 94274 | SH |  | SOLE |  | 0 | 0 | 94274 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 47028 | 478 | SH |  | OTR |  | 0 | 0 | 478 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 3737796 | 37993 | SH |  | SOLE |  | 0 | 0 | 37993 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 929722 | 1556 | SH |  | SOLE |  | 0 | 0 | 1556 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 100734 | 314 | SH |  | SOLE |  | 0 | 0 | 314 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 110399 | 344 | SH |  | OTR |  | 0 | 0 | 344 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 11951 | 20 | SH |  | OTR |  | 0 | 0 | 20 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 307381 | 1429 | SH |  | OTR |  | 0 | 0 | 1429 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 3159432 | 14691 | SH |  | SOLE |  | 0 | 0 | 14691 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 14491921 | 288684 | SH |  | SOLE |  | 0 | 0 | 288684 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 66415 | 1323 | SH |  | OTR |  | 0 | 0 | 1323 |
| WALMART INC | COM | 931142103 |  | 225320 | 1813 | SH |  | SOLE |  | 0 | 0 | 1813 |
| WP CAREY INC | COM | 92936U109 |  | 4211701 | 61973 | SH |  | SOLE |  | 0 | 0 | 61973 |
| WP CAREY INC | COM | 92936U109 |  | 2854 | 42 | SH |  | OTR |  | 0 | 0 | 42 |

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