Keeler Thomas Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Keeler Thomas Management LLC reported 76 stock positions worth $204.1 million. Its top holding was iShares Ibonds Dec 2026 Term (IBDR) at 6.0% of the portfolio, followed by iShares Ibonds Dec 2025 Term (IBDQ, 5.9%) and iShares Ibond 2026 HY & (IBHF, 4.1%). Compared with Q4 2024, it opened 18 new positions, sold out of 9, added to 1 and reduced 57. The biggest buy was a new position in iShares Ibond 2026 HY & (IBHF) and the biggest sale iShares MSCI Eafe Value ETF (EFV, shares −85%).
- Most Recent 13F
- Q2 2026
- Location
- Orem, UT
- CIK
- 0001730660
- Portfolio Value
- $204.1M (Q1 2025)
- SEC Filing
- 0001172661-25-001636 ↗ filed May 9, 2025
Holdings Value
Holdings 76 stocks · $204.1M
| IBDR iShares Ibonds Dec 2026 Term | 5.96% | 502,548 | $12.2M | Reduce -23.9% |
| IBDQ iShares Ibonds Dec 2025 Term | 5.86% | 475,685 | $12.0M | Reduce -23.7% |
| IBHF iShares Ibond 2026 HY & Inc. | 4.09% | 359,756 | $8.4M | New |
| IBHG iShares Ibonds 2027 HY Inc. | 4.06% | 371,618 | $8.3M | New |
| IBHI iShares Ibonds 2029 TM HY Inc. | 4.05% | 355,929 | $8.3M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 4.03% | 15,428 | $8.2M | Reduce -28.7% |
| IBHH iShares Ibonds 2028 TM HY Inc. | 4.03% | 351,718 | $8.2M | New |
| IBHE iShares Ibonds 2025 H/Y Inc. | 3.32% | 291,405 | $6.8M | New |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 3.15% | 265,961 | $6.4M | Reduce -22.5% |
| IBTF iShares Ibonds Dec 2025 Term | 2.45% | 214,073 | $5.0M | Reduce -29.4% |
| IBDT iShares Ibonds Dec 2028 ETF | 2.32% | 187,666 | $4.7M | Reduce -23.7% |
| IBDU iShares Ibonds Dec 2029 Term | 2.31% | 204,275 | $4.7M | Reduce -24.1% |
| IBDV iShares Ibonds Dec 2030 Corp. | 2.31% | 217,331 | $4.7M | Reduce -23.5% |
| IBDW iShares Ibonds Dec 2031 Corp. | 2.30% | 226,248 | $4.7M | Reduce -20.8% |
| FISV Fiserv Inc. | 2.02% | 18,623 | $4.1M | Reduce -24.4% |
| AAPL Apple Inc. | 1.83% | 16,787 | $3.7M | Reduce -44.9% |
| DE Deere & Co. | 1.78% | 7,726 | $3.6M | Reduce -32.3% |
| CVX Chevron Corp. | 1.66% | 20,205 | $3.4M | Reduce -35.8% |
| XOM Exxon Mobil Corp. | 1.58% | 27,121 | $3.2M | Reduce -38.9% |
| UNH Unitedhealth Group Inc. | 1.47% | 5,736 | $3.0M | Reduce -48.5% |
| BLK BlackRock Inc. | 1.39% | 2,996 | $2.8M | Reduce -45.5% |
| MCD McDonald's Corp. | 1.39% | 9,055 | $2.8M | Reduce -46.5% |
| DLR Digital Realty Trust Inc. | 1.35% | 19,205 | $2.8M | Reduce -43.9% |
| CAT Caterpillar Inc. | 1.34% | 8,323 | $2.7M | Reduce -46.1% |
| IBTG iShares Ibonds Dec 2026 Term | 1.26% | 112,306 | $2.6M | Reduce -34.6% |
| CRM Salesforce Inc. | 1.23% | 9,331 | $2.5M | Reduce -35.0% |
| KVUE Kenvue Inc. | 1.23% | 104,293 | $2.5M | Reduce -46.6% |
| GOOGL Alphabet Inc. Class A | 1.10% | 14,554 | $2.3M | Reduce -52.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.10% | 6,353 | $2.2M | Reduce -55.0% |
| TXT Textron Inc. | 1.02% | 28,765 | $2.1M | Reduce -48.4% |
| IBHK ISHARESIBOND2031HIGHYLDINC | 1.00% | 80,471 | $2.0M | New |
| IBHJ Ishrs Ibds 2030 HY & Inc. ETF | 0.98% | 76,819 | $2.0M | New |
| COST Costco Wholesale Corp. | 0.98% | 2,112 | $2.0M | Reduce -77.0% |
| CMCSA Comcast Corp. Class A | 0.97% | 53,853 | $2.0M | Reduce -47.8% |
| IBTJ iShares Ibonds Dec 2029 Term | 0.96% | 90,448 | $2.0M | New |
| META Meta Platforms Inc. Class A | 0.93% | 3,287 | $1.9M | Reduce -52.1% |
| EFV iShares MSCI Eafe Value ETF | 0.90% | 31,024 | $1.8M | Reduce -85.2% |
| KEYS Keysight Technologies Inc. | 0.89% | 12,102 | $1.8M | Reduce -39.3% |
| ABT Abbott Laboratories | 0.89% | 13,649 | $1.8M | Reduce -52.6% |
| CUZ Cousins Properties Inc. | 0.89% | 61,255 | $1.8M | Reduce -37.0% |
| UNP Union Pacific Corp. | 0.88% | 7,638 | $1.8M | Reduce -66.8% |
| WM Waste Management Inc. | 0.88% | 7,743 | $1.8M | Reduce -38.6% |
| SYY Sysco Corp. | 0.84% | 22,885 | $1.7M | Reduce -56.9% |
| AMZN Amazon.com Inc. | 0.81% | 8,644 | $1.6M | Reduce -61.6% |
| FITB Fifth Third Bancorp | 0.80% | 41,775 | $1.6M | Reduce -27.0% |
| WMT Walmart Inc. | 0.79% | 18,470 | $1.6M | Reduce -75.2% |
| NVDA Nvidia Corp. | 0.78% | 14,729 | $1.6M | Reduce -35.7% |
| IBTL iShares Ibonds Dec 2031 Term | 0.71% | 71,694 | $1.5M | New |
| V Visa Inc. Class A | 0.63% | 3,683 | $1.3M | Reduce -77.6% |
| MSFT Microsoft Corp. | 0.60% | 3,286 | $1.2M | Reduce -55.8% |
| IBTK iShares Ibonds Dec 2030 Trea | 0.60% | 62,359 | $1.2M | New |
| IBTP iShares Ibonds Dec 2034 ETF | 0.60% | 47,741 | $1.2M | New |
| JQUA JPMorgan US Quality Factor | 0.59% | 21,271 | $1.2M | Reduce -79.4% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.59% | 38,786 | $1.2M | Reduce -82.9% |
| EWBC East West Bancorp Inc. | 0.56% | 12,628 | $1.1M | Reduce -32.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.55% | 16,138 | $1.1M | Reduce -19.4% |
| IBTO iShares Ibonds Dec 2033 Tres | 0.52% | 43,270 | $1.1M | New |
| TOL Toll Brothers Inc. | 0.51% | 9,805 | $1.0M | Reduce -60.8% |
| IBTI iShares Ibonds Dec 2028 Term | 0.45% | 41,160 | $916K | New |
| IBDZ ISHARESIBONDSDEC2034TMCORP | 0.43% | 34,217 | $882K | New |
| IBTM iShares Ibnds Dec 2032 TT | 0.43% | 38,485 | $881K | New |
| ADBE Adobe Inc. | 0.39% | 2,096 | $804K | Reduce -70.0% |
| IBTH iShares Ibonds Dec 2027 Term | 0.39% | 35,321 | $792K | New |
| INDA iShares MSCI India ETF | 0.38% | 14,969 | $771K | Reduce -79.4% |
| INTU Intuit Inc. | 0.36% | 1,197 | $735K | Reduce -48.5% |
| IBDY iShares Ibonds Dec 2033 Corp. | 0.33% | 26,031 | $665K | New |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.33% | 17,740 | $665K | Reduce -85.6% |
| MRK Merck & Co. Inc. | 0.31% | 6,963 | $625K | Reduce -34.1% |
| RGEN Repligen Corp. | 0.30% | 4,879 | $621K | Reduce -45.7% |
| IBDX iShares Ibonds Dec 2032 TC | 0.29% | 23,971 | $599K | New |
| PEP Pepsico Inc. | 0.24% | 3,319 | $498K | Reduce -28.1% |
| MOAT Vaneck Morningstar Wide Moat | 0.21% | 4,847 | $427K | Reduce -64.7% |
| TM Toyota Motor Corp. -Spon ADR | 0.16% | 1,877 | $331K | Add +0.2% |
| SBUX Starbucks Corp. | 0.15% | 3,107 | $305K | Reduce -43.6% |
| HSY The Hershey Co. | 0.13% | 1,565 | $268K | Reduce -41.4% |
| HCA HCA Healthcare Inc. | 0.11% | 621 | $215K | Reduce -76.6% |
Portfolio Sells Q4 2024 → Q1 2025
| EFV iShares MSCI Eafe Value ETF | Reduce -85.2% | 0.90% | −3.01 |
| COST Costco Wholesale Corp. | Reduce -77.0% | 0.98% | −2.02 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Reduce -82.9% | 0.59% | −1.76 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -85.6% | 0.33% | −1.61 |
| WMT Walmart Inc. | Reduce -75.2% | 0.79% | −1.61 |
| JQUA JPMorgan US Quality Factor | Reduce -79.4% | 0.59% | −1.52 |
| V Visa Inc. Class A | Reduce -77.6% | 0.63% | −1.22 |
| UNP Union Pacific Corp. | Reduce -66.8% | 0.88% | −0.99 |
| INDA iShares MSCI India ETF | Reduce -79.4% | 0.38% | −0.99 |
| AMZN Amazon.com Inc. | Reduce -61.6% | 0.81% | −0.96 |
| GOOGL Alphabet Inc. Class A | Reduce -52.3% | 1.10% | −0.95 |
| AAPL Apple Inc. | Reduce -44.9% | 1.83% | −0.89 |
| DLR Digital Realty Trust Inc. | Reduce -43.9% | 1.35% | −0.81 |
| ADBE Adobe Inc. | Reduce -70.0% | 0.39% | −0.71 |
| CAT Caterpillar Inc. | Reduce -46.1% | 1.34% | −0.65 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -55.0% | 1.10% | −0.62 |
| BLK BlackRock Inc. | Reduce -45.5% | 1.39% | −0.62 |
| TOL Toll Brothers Inc. | Reduce -60.8% | 0.51% | −0.62 |
| SYY Sysco Corp. | Reduce -56.9% | 0.84% | −0.60 |
| UNH Unitedhealth Group Inc. | Reduce -48.5% | 1.47% | −0.53 |
| MSFT Microsoft Corp. | Reduce -55.8% | 0.60% | −0.51 |
| META Meta Platforms Inc. Class A | Reduce -52.1% | 0.93% | −0.50 |
| TXT Textron Inc. | Reduce -48.4% | 1.02% | −0.50 |
| CRM Salesforce Inc. | Reduce -35.0% | 1.23% | −0.48 |
| CMCSA Comcast Corp. Class A | Reduce -47.8% | 0.97% | −0.41 |
| MCD McDonald's Corp. | Reduce -46.5% | 1.39% | −0.36 |
| NVDA Nvidia Corp. | Reduce -35.7% | 0.78% | −0.31 |
| ABT Abbott Laboratories | Reduce -52.6% | 0.89% | −0.27 |
| GBCI Glacier Bancorp Inc. | Sold out | 0.00% | −0.27 |
| KVUE Kenvue Inc. | Reduce -46.6% | 1.23% | −0.26 |
| KEYS Keysight Technologies Inc. | Reduce -39.3% | 0.89% | −0.25 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.25 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -64.7% | 0.21% | −0.24 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.19 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.18 |
| HCA HCA Healthcare Inc. | Reduce -76.6% | 0.11% | −0.18 |
| CUZ Cousins Properties Inc. | Reduce -37.0% | 0.89% | −0.18 |
| INTU Intuit Inc. | Reduce -48.5% | 0.36% | −0.16 |
| RGEN Repligen Corp. | Reduce -45.7% | 0.30% | −0.16 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -34.6% | 1.26% | −0.13 |
| XOM Exxon Mobil Corp. | Reduce -38.9% | 1.58% | −0.12 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.12 |
| SPGP Invesco S&P 500 Garp ETF | Sold out | 0.00% | −0.12 |
| DSTL Distillate US Fundamental St | Sold out | 0.00% | −0.09 |
| EWBC East West Bancorp Inc. | Reduce -32.8% | 0.56% | −0.09 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.08 |
| FELG Fidelity Enh LRG Cap GWTH | Sold out | 0.00% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -34.1% | 0.31% | −0.07 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -29.4% | 2.45% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -19.4% | 0.55% | −0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| IBHF iShares Ibond 2026 HY & Inc. | New | 4.09% | +4.09 |
| IBHG iShares Ibonds 2027 HY Inc. | New | 4.06% | +4.06 |
| IBHI iShares Ibonds 2029 TM HY Inc. | New | 4.05% | +4.05 |
| IBHH iShares Ibonds 2028 TM HY Inc. | New | 4.03% | +4.03 |
| IBHE iShares Ibonds 2025 H/Y Inc. | New | 3.32% | +3.32 |
| IBHK ISHARESIBOND2031HIGHYLDINC | New | 1.00% | +1.00 |
| IBHJ Ishrs Ibds 2030 HY & Inc. ETF | New | 0.98% | +0.98 |
| IBTJ iShares Ibonds Dec 2029 Term | New | 0.96% | +0.96 |
| IBTL iShares Ibonds Dec 2031 Term | New | 0.71% | +0.71 |
| IBTK iShares Ibonds Dec 2030 Trea | New | 0.60% | +0.60 |
| IBTP iShares Ibonds Dec 2034 ETF | New | 0.60% | +0.60 |
| IBTO iShares Ibonds Dec 2033 Tres | New | 0.52% | +0.52 |
| IBTI iShares Ibonds Dec 2028 Term | New | 0.45% | +0.45 |
| IBDZ ISHARESIBONDSDEC2034TMCORP | New | 0.43% | +0.43 |
| IBTM iShares Ibnds Dec 2032 TT | New | 0.43% | +0.43 |
| IBTH iShares Ibonds Dec 2027 Term | New | 0.39% | +0.39 |
| IBDY iShares Ibonds Dec 2033 Corp. | New | 0.33% | +0.33 |
| IBDX iShares Ibonds Dec 2032 TC | New | 0.29% | +0.29 |
| TM Toyota Motor Corp. -Spon ADR | Add +0.2% | 0.16% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 135 | $282.1M | USHY, DIV, FDL, SPHY, NVDA |
| Q1 2026 | 118 | $236.3M | USHY, FDL, DIV, SPHY, NVDA |
| Q4 2025 | 98 | $209.8M | IBHH, IBHF, IBHG, IBHI, IBDR |
| Q3 2025 | 102 | $218.0M | IBHF, IBHH, IBHG, IBHI, IBHE |
| Q2 2025 | 108 | $232.4M | IBDQ, IBDR, IBHG, IBHF, IBHH |
| Q1 2025 | 76 | $204.1M | IBDR, IBDQ, IBHF, IBHG, IBHI |
| Q4 2024 | 67 | $280.6M | IBDR, IBDQ, EFV, BRK.B, COST |
| Q3 2024 | 68 | $316.2M | IBDR, IBDQ, IBDP, EFV, BRK.B |
| Q2 2024 | 66 | $293.5M | IBDR, IBDQ, IBDP, EFV, BRK.B |
| Q1 2024 | 66 | $291.7M | IBDR, IBDQ, IBDP, EFV, BRK.B |