Keating Investment Counselors Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Keating Investment Counselors Inc. reported 69 stock positions worth $335.0 million. Its top holding was Keating Active ETF (KEAT) at 24.6% of the portfolio, followed by iShares 0-5 Year Tips Bond E (STIP, 15.9%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 7.7%). Compared with Q2 2024, it opened 3 new positions, sold out of 2, added to 13 and reduced 33. The biggest buy was J. Sainsbury PLC-Spons ADR (JSAIY, shares +208%) and the biggest sale CVS Health (CVS, shares −85%).
- Most Recent 13F
- Q2 2026
- Location
- DELRAY BEACH, FL
- CIK
- 0001020580
- Portfolio Value
- $335.0M (Q3 2024)
- SEC Filing
- 0001020580-24-000005 ↗ filed Nov 12, 2024
Holdings Value
Holdings 69 stocks · $335.0M
| KEAT Keating Active ETF | 24.63% | 3,085,156 | $82.5M | Add +3.2% |
| STIP iShares 0-5 Year Tips Bond E | 15.88% | 524,896 | $53.2M | Add +0.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 7.69% | 280,591 | $25.8M | Add +2.9% |
| AEM Agnico Eagle Mines Ltd. | 3.24% | 134,862 | $10.9M | Reduce -0.7% |
| B Barrick Gold Corp. | 3.16% | 532,448 | $10.6M | Add +0.0% |
| OII Oceaneering Intl Inc. | 2.91% | 391,733 | $9.7M | Reduce -0.6% |
| LBTYK Liberty Global Ltd. Class C | 2.62% | 405,923 | $8.8M | Add +3.1% |
| VOD Vodafone Group PLC-SP ADR | 2.40% | 802,924 | $8.0M | Reduce -0.3% |
| TTE Totalenergies SE -Spon ADR | 2.29% | 118,817 | $7.7M | Reduce -0.7% |
| EQNR Equinor ASA-Spon ADR | 2.24% | 296,038 | $7.5M | Reduce -0.4% |
| SU Suncor Energy Inc. | 2.20% | 199,701 | $7.4M | Reduce -1.3% |
| LMT Lockheed Martin Corp. | 2.16% | 12,366 | $7.2M | Reduce -0.4% |
| EQC Equity Commonwealth | 2.14% | 360,447 | $7.2M | Reduce -17.5% |
| UL Unilever PLC | 2.08% | 107,438 | $7.0M | Reduce -0.1% |
| VZ Verizon Communications Inc. | 2.06% | 153,815 | $6.9M | Add +2.4% |
| PM Philip Morris International | 1.98% | 54,720 | $6.6M | Reduce -2.6% |
| HD Home Depot Inc. | 1.65% | 13,623 | $5.5M | Reduce -11.8% |
| CALM Cal-Maine Foods Inc. | 1.63% | 73,029 | $5.5M | Add +1.0% |
| TAP Molson Coors Beverage Co. Class B | 1.39% | 80,982 | $4.7M | Add +4.9% |
| JSAIY J. Sainsbury PLC-Spons ADR | 1.19% | 248,525 | $4.0M | Add +207.6% |
| WY Weyerhaeuser Co. | 1.02% | 100,487 | $3.4M | Reduce -1.5% |
| NTR Nutrien Ltd. | 0.93% | 64,970 | $3.1M | Add +168.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.89% | 70,817 | $3.0M | Add +3.1% |
| XOM Exxon Mobil Corp. | 0.80% | 22,885 | $2.7M | Reduce -16.2% |
| UPS United Parcel Service Class B | 0.79% | 19,502 | $2.7M | Reduce -0.6% |
| LW Lamb Weston Holdings Inc. | 0.78% | 40,372 | $2.6M | Add +56.7% |
| JNJ Johnson & Johnson | 0.74% | 15,194 | $2.5M | Reduce -5.6% |
| TALO Talos Energy Inc. | 0.71% | 228,925 | $2.4M | Add +78.1% |
| TMO Thermo Fisher Scientific Inc. | 0.70% | 3,785 | $2.3M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.47% | 1,790 | $1.6M | No change |
| SYK Stryker Corp. | 0.46% | 4,230 | $1.5M | Reduce -2.9% |
| INTC Intel Corp. | 0.44% | 63,111 | $1.5M | Reduce -14.5% |
| MMM 3M Co. | 0.41% | 10,141 | $1.4M | Reduce -25.8% |
| PEP Pepsico Inc. | 0.37% | 7,280 | $1.2M | Reduce -4.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 11,291 | $1.1M | Reduce -0.7% |
| CVX Chevron Corp. | 0.32% | 7,296 | $1.1M | Reduce -0.7% |
| DOV Dover Corp. | 0.31% | 5,333 | $1.0M | No change |
| NEM Newmont Corp. | 0.26% | 16,529 | $883K | No change |
| AAPL Apple Inc. | 0.26% | 3,746 | $873K | Reduce -2.0% |
| GDX Vaneck Gold Miners ETF | 0.25% | 21,350 | $850K | No change |
| COP Conocophillips | 0.23% | 7,416 | $781K | Reduce -1.3% |
| JPM JPMorgan Chase & Co. | 0.22% | 3,500 | $738K | No change |
| HON Honeywell International Inc. | 0.18% | 2,855 | $590K | No change |
| MSFT Microsoft Corp. | 0.16% | 1,265 | $544K | No change |
| EMR Emerson Electric Co. | 0.15% | 4,700 | $514K | Reduce -6.9% |
| KO The Coca-Cola Co. | 0.15% | 7,000 | $503K | No change |
| WMT Walmart Inc. | 0.14% | 6,000 | $485K | No change |
| HES Hess Corp. | 0.14% | 3,438 | $467K | No change |
| BMY Bristol-Myers Squibb Co. | 0.14% | 8,757 | $453K | Reduce -15.4% |
| MCD McDonald's Corp. | 0.13% | 1,390 | $423K | Reduce -1.8% |
| ORLY O'reilly Automotive Inc. | 0.12% | 357 | $411K | No change |
| ABBV Abbvie Inc. | 0.12% | 2,010 | $397K | Reduce -4.7% |
| SCHD Schwab US DVD Equity ETF | 0.12% | 4,655 | $393K | Reduce -29.0% |
| CVS CVS Health Corp. | 0.12% | 6,143 | $386K | Reduce -85.4% |
| SHEL Shell PLC-ADR | 0.11% | 5,800 | $383K | No change |
| NOBL Proshares S&P 500 Dividend A | 0.11% | 3,433 | $367K | Reduce -37.2% |
| LOW Lowe's Cos Inc. | 0.10% | 1,280 | $347K | No change |
| META Meta Platforms Inc. Class A | 0.09% | 501 | $287K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.08% | 575 | $265K | No change |
| APH Amphenol Corp. Class A | 0.08% | 4,000 | $261K | No change |
| PSX Phillips 66 | 0.07% | 1,870 | $246K | No change |
| AMZN Amazon.com Inc. | 0.07% | 1,198 | $223K | No change |
| AFL Aflac Inc. | 0.07% | 1,961 | $219K | New |
| BDX Becton Dickinson and Co. | 0.06% | 900 | $217K | No change |
| ABT Abbott Laboratories | 0.06% | 1,859 | $212K | Reduce -19.5% |
| TGT Target Corp. | 0.06% | 1,335 | $208K | Reduce -8.6% |
| URI United Rentals Inc. | 0.06% | 250 | $202K | New |
| MO Altria Group Inc. | 0.06% | 3,947 | $201K | New |
| NG Novagold Resources Inc. | 0.02% | 16,000 | $66K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| CVS CVS Health Corp. | Reduce -85.4% | 0.12% | −0.68 |
| EQC Equity Commonwealth | Reduce -17.5% | 2.14% | −0.58 |
| EQNR Equinor ASA-Spon ADR | Reduce -0.4% | 2.24% | −0.49 |
| INTC Intel Corp. | Reduce -14.5% | 0.44% | −0.29 |
| SU Suncor Energy Inc. | Reduce -1.3% | 2.20% | −0.27 |
| TTE Totalenergies SE -Spon ADR | Reduce -0.7% | 2.29% | −0.27 |
| XOM Exxon Mobil Corp. | Reduce -16.2% | 0.80% | −0.21 |
| HBAN Huntington Bancshares Inc. | Sold out | 0.00% | −0.10 |
| OII Oceaneering Intl Inc. | Reduce -0.6% | 2.91% | −0.08 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.07 |
| UPS United Parcel Service Class B | Reduce -0.6% | 0.79% | −0.07 |
| HD Home Depot Inc. | Reduce -11.8% | 1.65% | −0.06 |
| NOBL Proshares S&P 500 Dividend A | Reduce -37.2% | 0.11% | −0.06 |
| CVX Chevron Corp. | Reduce -0.7% | 0.32% | −0.05 |
| SCHD Schwab US DVD Equity ETF | Reduce -29.0% | 0.12% | −0.05 |
| COP Conocophillips | Reduce -1.3% | 0.23% | −0.04 |
| DIS The Walt Disney Co. | Reduce -0.7% | 0.32% | −0.04 |
| MMM 3M Co. | Reduce -25.8% | 0.41% | −0.03 |
| PEP Pepsico Inc. | Reduce -4.3% | 0.37% | −0.03 |
| EMR Emerson Electric Co. | Reduce -6.9% | 0.15% | −0.03 |
| JNJ Johnson & Johnson | Reduce -5.6% | 0.74% | −0.02 |
| SYK Stryker Corp. | Reduce -2.9% | 0.46% | −0.02 |
| ABT Abbott Laboratories | Reduce -19.5% | 0.06% | −0.01 |
| TGT Target Corp. | Reduce -8.6% | 0.06% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -15.4% | 0.14% | −0.00 |
| AAPL Apple Inc. | Reduce -2.0% | 0.26% | +0.00 |
| ABBV Abbvie Inc. | Reduce -4.7% | 0.12% | +0.00 |
| MCD McDonald's Corp. | Reduce -1.8% | 0.13% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.9% | 0.70% | +0.01 |
| WY Weyerhaeuser Co. | Reduce -1.5% | 1.02% | +0.09 |
| VOD Vodafone Group PLC-SP ADR | Reduce -0.3% | 2.40% | +0.11 |
| PM Philip Morris International | Reduce -2.6% | 1.98% | +0.15 |
| UL Unilever PLC | Reduce -0.1% | 2.08% | +0.18 |
| LMT Lockheed Martin Corp. | Reduce -0.4% | 2.16% | +0.30 |
| AEM Agnico Eagle Mines Ltd. | Reduce -0.7% | 3.24% | +0.39 |
Portfolio Buys Q2 2024 → Q3 2024
| JSAIY J. Sainsbury PLC-Spons ADR | Add +207.6% | 1.19% | +0.85 |
| KEAT Keating Active ETF | Add +3.2% | 24.63% | +0.75 |
| NTR Nutrien Ltd. | Add +168.4% | 0.93% | +0.54 |
| LBTYK Liberty Global Ltd. Class C | Add +3.1% | 2.62% | +0.36 |
| B Barrick Gold Corp. | Add +0.0% | 3.16% | +0.31 |
| CALM Cal-Maine Foods Inc. | Add +1.0% | 1.63% | +0.21 |
| TALO Talos Energy Inc. | Add +78.1% | 0.71% | +0.21 |
| TAP Molson Coors Beverage Co. Class B | Add +4.9% | 1.39% | +0.13 |
| LW Lamb Weston Holdings Inc. | Add +56.7% | 0.78% | +0.08 |
| VZ Verizon Communications Inc. | Add +2.4% | 2.06% | +0.07 |
| AFL Aflac Inc. | New | 0.07% | +0.07 |
| URI United Rentals Inc. | New | 0.06% | +0.06 |
| MO Altria Group Inc. | New | 0.06% | +0.06 |
| SLB SLB Ltd. | Add +3.1% | 0.89% | −0.15 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +2.9% | 7.69% | −0.35 |
| STIP iShares 0-5 Year Tips Bond E | Add +0.1% | 15.88% | −0.87 |
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 |