Keating Investment Counselors Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 16, 2026), Keating Investment Counselors Inc. reported 59 stock positions worth $364.1 million. Its top holding was Keating Active ETF (KEAT) at 27.8% of the portfolio, followed by iShares 0-5 Year Tips Bond E (STIP, 17.5%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 5.8%). Compared with Q1 2026, it opened 3 new positions, sold out of 4, added to 6 and reduced 41. The biggest buy was a new position in Seabridge Gold (SA) and the biggest sale Agnico Eagle Mines (AEM, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- DELRAY BEACH, FL
- CIK
- 0001020580
- Portfolio Value
- $364.1M (Q2 2026)
- SEC Filing
- 0001020580-26-000006 ↗ filed Jul 16, 2026
Holdings Value
Holdings 59 stocks · $364.1M
| KEAT Keating Active ETF | 27.77% | 3,239,448 | $101.1M | Reduce -0.1% |
| STIP iShares 0-5 Year Tips Bond E | 17.50% | 623,779 | $63.7M | Reduce -2.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 5.76% | 228,765 | $21.0M | Reduce -9.2% |
| B Barrick Mining Corp. | 4.37% | 433,636 | $15.9M | Reduce -9.8% |
| AEM Agnico Eagle Mines Ltd. | 3.76% | 88,376 | $13.7M | Reduce -11.6% |
| OII Oceaneering Intl Inc. | 3.71% | 333,778 | $13.5M | Reduce -1.4% |
| VOD Vodafone Group PLC-SP ADR | 2.48% | 682,576 | $9.0M | Reduce -2.9% |
| GSK GSK PLC-Spon ADR | 2.40% | 166,818 | $8.7M | Reduce -4.8% |
| CRRFY Carrefour SA-SP ADR | 2.34% | 2,299,960 | $8.5M | Reduce -1.1% |
| SU Suncor Energy Inc. | 2.27% | 153,744 | $8.3M | Reduce -9.8% |
| TTE Totalenergies SE -Spon ADR | 2.17% | 101,464 | $7.9M | Reduce -1.8% |
| EQNR Equinor ASA-Spon ADR | 2.09% | 242,638 | $7.6M | Reduce -1.9% |
| VZ Verizon Communications Inc. | 1.69% | 145,627 | $6.2M | Reduce -0.5% |
| JSAIY J. Sainsbury PLC-Spons ADR | 1.59% | 337,734 | $5.8M | Reduce -1.3% |
| LBTYK Liberty Global Ltd. Class C | 1.55% | 513,963 | $5.7M | Reduce -2.7% |
| TALO Talos Energy Inc. | 1.51% | 424,913 | $5.5M | Reduce -4.2% |
| LMT Lockheed Martin Corp. | 1.46% | 10,445 | $5.3M | Reduce -2.6% |
| UL Unilever PLC | 1.46% | 88,375 | $5.3M | Reduce -0.7% |
| PAAS Pan American Silver Corp. | 1.44% | 116,769 | $5.2M | Add +0.7% |
| RIG Transocean Ltd. | 1.20% | 890,148 | $4.4M | Add +30.4% |
| SA Seabridge Gold Inc. | 1.10% | 156,233 | $4.0M | New |
| UPS United Parcel Service Class B | 0.94% | 31,832 | $3.4M | Reduce -1.2% |
| TAP Molson Coors Beverage Co. Class B | 0.93% | 86,544 | $3.4M | Add +7.7% |
| CALM Cal-Maine Foods Inc. | 0.75% | 33,751 | $2.7M | Reduce -0.7% |
| LW Lamb Weston Holdings Inc. | 0.68% | 57,284 | $2.5M | Add +3.9% |
| HBRIY Harbour Energy PLC-Spon ADR | 0.65% | 813,312 | $2.4M | Add +1.1% |
| XOM Exxon Mobil Corp. | 0.56% | 14,874 | $2.0M | Reduce -5.5% |
| HD Home Depot Inc. | 0.54% | 5,531 | $2.0M | Reduce -9.4% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.53% | 41,151 | $1.9M | Reduce -31.9% |
| CVX Chevron Corp. | 0.47% | 10,420 | $1.7M | Reduce -0.2% |
| FLO Flowers Foods Inc. | 0.47% | 216,985 | $1.7M | Add +18.0% |
| GDX Vaneck Gold Miners ETF | 0.37% | 18,083 | $1.4M | Reduce -8.4% |
| NEM Newmont Corp. | 0.36% | 13,869 | $1.3M | Reduce -18.4% |
| PM Philip Morris International | 0.31% | 6,323 | $1.1M | Reduce -6.0% |
| TMO Thermo Fisher Scientific Inc. | 0.27% | 1,931 | $968K | Reduce -1.9% |
| PEP Pepsico Inc. | 0.24% | 6,440 | $872K | Reduce -4.5% |
| APH Amphenol Corp. Class A | 0.19% | 4,000 | $705K | No change |
| COST Costco Wholesale Corp. | 0.17% | 675 | $631K | Reduce -20.6% |
| JNJ Johnson & Johnson | 0.17% | 2,424 | $616K | Reduce -16.4% |
| DOV Dover Corp. | 0.16% | 2,675 | $600K | Reduce -7.0% |
| COP Conocophillips | 0.14% | 5,001 | $520K | No change |
| AAPL Apple Inc. | 0.13% | 1,631 | $472K | Reduce -34.9% |
| SYK Stryker Corp. | 0.13% | 1,450 | $457K | Reduce -20.1% |
| NG Novagold Resources Inc. | 0.12% | 71,475 | $427K | No change |
| JPM JPMorgan Chase & Co. | 0.11% | 1,175 | $385K | No change |
| BMY Bristol-Myers Squibb Co. | 0.10% | 6,182 | $356K | No change |
| MICC The Magnum Ice Cream Co. NV | 0.09% | 18,057 | $314K | Reduce -13.0% |
| PSX Phillips 66 | 0.09% | 1,837 | $311K | Reduce -9.8% |
| GOOGL Alphabet Inc. Class A | 0.08% | 803 | $287K | No change |
| URI United Rentals Inc. | 0.08% | 250 | $283K | New |
| MMM 3M Co. | 0.07% | 1,625 | $263K | Reduce -1.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.07% | 2,594 | $250K | Reduce -8.8% |
| MO Altria Group Inc. | 0.07% | 3,297 | $237K | No change |
| ABBV Abbvie Inc. | 0.06% | 935 | $235K | Reduce -24.3% |
| META Meta Platforms Inc. Class A | 0.06% | 404 | $228K | No change |
| HON Honeywell International Inc. | 0.06% | 1,008 | $226K | Reduce -50.0% |
| HONA Honeywell Aerospace Inc. | 0.06% | 1,008 | $223K | No change |
| VLGDF Valor Gold Corp. | 0.06% | 78,249 | $203K | New |
| MCD McDonald's Corp. | 0.05% | 740 | $200K | Reduce -21.3% |
Portfolio Sells Q1 2026 → Q2 2026
| AEM Agnico Eagle Mines Ltd. | Reduce -11.6% | 3.76% | −1.26 |
| SU Suncor Energy Inc. | Reduce -9.8% | 2.27% | −0.52 |
| EQNR Equinor ASA-Spon ADR | Reduce -1.9% | 2.09% | −0.49 |
| B Barrick Mining Corp. | Reduce -9.8% | 4.37% | −0.48 |
| SLB SLB Ltd. | Reduce -31.9% | 0.53% | −0.24 |
| TALO Talos Energy Inc. | Reduce -4.2% | 1.51% | −0.23 |
| TTE Totalenergies SE -Spon ADR | Reduce -1.8% | 2.17% | −0.16 |
| LMT Lockheed Martin Corp. | Reduce -2.6% | 1.46% | −0.14 |
| VOD Vodafone Group PLC-SP ADR | Reduce -2.9% | 2.48% | −0.13 |
| VZ Verizon Communications Inc. | Reduce -0.5% | 1.69% | −0.13 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.12 |
| XOM Exxon Mobil Corp. | Reduce -5.5% | 0.56% | −0.10 |
| NEM Newmont Corp. | Reduce -18.4% | 0.36% | −0.10 |
| GDX Vaneck Gold Miners ETF | Reduce -8.4% | 0.37% | −0.07 |
| PHYS Sprott Physical Gold Trust | Sold out | 0.00% | −0.06 |
| CVX Chevron Corp. | Reduce -0.2% | 0.47% | −0.06 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.06 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.06 |
| HON Honeywell International Inc. | Reduce -50.0% | 0.06% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -20.6% | 0.17% | −0.04 |
| AAPL Apple Inc. | Reduce -34.9% | 0.13% | −0.03 |
| SYK Stryker Corp. | Reduce -20.1% | 0.13% | −0.02 |
| PEP Pepsico Inc. | Reduce -4.5% | 0.24% | −0.02 |
| MCD McDonald's Corp. | Reduce -21.3% | 0.05% | −0.02 |
| PSX Phillips 66 | Reduce -9.8% | 0.09% | −0.01 |
| JNJ Johnson & Johnson | Reduce -16.4% | 0.17% | −0.01 |
| ABBV Abbvie Inc. | Reduce -24.3% | 0.06% | −0.00 |
| DIS The Walt Disney Co. | Reduce -8.8% | 0.07% | +0.00 |
| GSK GSK PLC-Spon ADR | Reduce -4.8% | 2.40% | +0.01 |
| MICC The Magnum Ice Cream Co. NV | Reduce -13.0% | 0.09% | +0.01 |
| MMM 3M Co. | Reduce -1.8% | 0.07% | +0.01 |
| DOV Dover Corp. | Reduce -7.0% | 0.16% | +0.02 |
| LBTYK Liberty Global Ltd. Class C | Reduce -2.7% | 1.55% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.9% | 0.27% | +0.03 |
| HD Home Depot Inc. | Reduce -9.4% | 0.54% | +0.04 |
| PM Philip Morris International | Reduce -6.0% | 0.31% | +0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -9.2% | 5.76% | +0.04 |
| JSAIY J. Sainsbury PLC-Spons ADR | Reduce -1.3% | 1.59% | +0.04 |
| CALM Cal-Maine Foods Inc. | Reduce -0.7% | 0.75% | +0.08 |
| UPS United Parcel Service Class B | Reduce -1.2% | 0.94% | +0.15 |
| UL Unilever PLC | Reduce -0.7% | 1.46% | +0.20 |
| CRRFY Carrefour SA-SP ADR | Reduce -1.1% | 2.34% | +0.20 |
| KEAT Keating Active ETF | Reduce -0.1% | 27.77% | +0.38 |
| OII Oceaneering Intl Inc. | Reduce -1.4% | 3.71% | +0.74 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -2.1% | 17.50% | +1.17 |
Portfolio Buys Q1 2026 → Q2 2026
| SA Seabridge Gold Inc. | New | 1.10% | +1.10 |
| LW Lamb Weston Holdings Inc. | Add +3.9% | 0.68% | +0.10 |
| FLO Flowers Foods Inc. | Add +18.0% | 0.47% | +0.10 |
| URI United Rentals Inc. | New | 0.08% | +0.08 |
| RIG Transocean Ltd. | Add +30.4% | 1.20% | +0.07 |
| TAP Molson Coors Beverage Co. Class B | Add +7.7% | 0.93% | +0.07 |
| VLGDF Valor Gold Corp. | New | 0.06% | +0.06 |
| PAAS Pan American Silver Corp. | Add +0.7% | 1.44% | −0.13 |
| HBRIY Harbour Energy PLC-Spon ADR | Add +1.1% | 0.65% | −0.14 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 59 | $364.1M | KEAT, STIP, BIL, B, AEM |
| Q1 2026 | 59 | $403.8M | KEAT, STIP, BIL, AEM, B |
| Q4 2025 | 62 | $360.7M | KEAT, STIP, BIL, B, AEM |
| Q3 2025 | 61 | $350.3M | KEAT, STIP, BIL, AEM, B |
| Q2 2025 | 61 | $330.8M | KEAT, STIP, BIL, AEM, B |
| Q1 2025 | 65 | $331.6M | KEAT, STIP, BIL, AEM, B |
| Q4 2024 | 67 | $320.2M | KEAT, STIP, BIL, AEM, OII |
| Q3 2024 | 69 | $335.0M | KEAT, STIP, BIL, AEM, B |
| Q2 2024 | 68 | $311.5M | KEAT, STIP, BIL, OII, AEM |
| Q1 2024 | 80 | $310.5M | KEAT, STIP, OII, B, EQC |