Keeler Thomas Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Keeler Thomas Management LLC reported 108 stock positions worth $232.4 million. Its top holding was iShares Ibonds Dec 2025 Term (IBDQ) at 5.1% of the portfolio, followed by iShares Ibonds Dec 2026 Term (IBDR, 4.3%) and iShares Ibonds 2027 HY (IBHG, 4.2%). Compared with Q1 2025, it opened 55 new positions, sold out of 23, added to 20 and reduced 33. The biggest buy was a new position in iShares Broad Usd High Yield (USHY) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- Orem, UT
- CIK
- 0001730660
- Portfolio Value
- $232.4M (Q2 2025)
- SEC Filing
- 0001172661-25-002832 ↗ filed Jul 31, 2025
Holdings Value
Holdings 108 stocks · $232.4M
| IBDQ iShares Ibonds Dec 2025 Term | 5.07% | 467,752 | $11.8M | Reduce -1.7% |
| IBDR iShares Ibonds Dec 2026 Term | 4.35% | 416,353 | $10.1M | Reduce -17.1% |
| IBHG iShares Ibonds 2027 HY Inc. | 4.16% | 429,332 | $9.7M | Add +15.5% |
| IBHF iShares Ibond 2026 HY & Inc. | 4.16% | 415,775 | $9.7M | Add +15.6% |
| IBHH iShares Ibonds 2028 TM HY Inc. | 4.15% | 406,047 | $9.6M | Add +15.4% |
| IBHI iShares Ibonds 2029 TM HY Inc. | 4.00% | 392,029 | $9.3M | Add +10.1% |
| IBHE iShares Ibonds 2025 H/Y Inc. | 3.49% | 348,988 | $8.1M | Add +19.8% |
| USHY iShares Broad Usd High Yield | 2.84% | 175,910 | $6.6M | New |
| NVDA Nvidia Corp. | 2.48% | 36,441 | $5.8M | Add +147.4% |
| JBBB Janus Henderson B-BBB Clo Et | 2.36% | 113,886 | $5.5M | New |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 2.35% | 225,459 | $5.5M | Reduce -15.2% |
| IBTF iShares Ibonds Dec 2025 Term | 2.15% | 213,476 | $5.0M | Reduce -0.3% |
| IBDW iShares Ibonds Dec 2031 Corp. | 2.01% | 222,116 | $4.7M | Reduce -1.8% |
| IBDV iShares Ibonds Dec 2030 Corp. | 1.90% | 201,059 | $4.4M | Reduce -7.5% |
| IBDU iShares Ibonds Dec 2029 Term | 1.86% | 185,406 | $4.3M | Reduce -9.2% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.83% | 167,249 | $4.3M | Reduce -10.9% |
| QCOM Qualcomm Inc. | 1.29% | 18,848 | $3.0M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 1.17% | 5,576 | $2.7M | Reduce -63.9% |
| IBTJ iShares Ibonds Dec 2029 Term | 1.11% | 117,474 | $2.6M | Add +29.9% |
| PFE Pfizer Inc. | 1.04% | 99,357 | $2.4M | New |
| IBHK ISHARESIBOND2031HIGHYLDINC | 1.02% | 91,559 | $2.4M | Add +13.8% |
| IBHJ Ishrs Ibds 2030 HY & Inc. ETF | 1.02% | 88,732 | $2.4M | Add +15.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.00% | 71,627 | $2.3M | New |
| AMD Advanced Micro Devices | 0.96% | 15,753 | $2.2M | New |
| GOOGL Alphabet Inc. Class A | 0.96% | 12,658 | $2.2M | Reduce -13.0% |
| GNRC Generac Holdings Inc. | 0.94% | 15,234 | $2.2M | New |
| TMUS T-Mobile US Inc. | 0.86% | 8,431 | $2.0M | New |
| SNPS Synopsys Inc. | 0.82% | 3,737 | $1.9M | New |
| NOW ServiceNow Inc. | 0.82% | 1,859 | $1.9M | New |
| KMI Kinder Morgan Inc. | 0.82% | 64,950 | $1.9M | New |
| DUK Duke Energy Corp. | 0.81% | 15,879 | $1.9M | New |
| IBTG iShares Ibonds Dec 2026 Term | 0.80% | 81,332 | $1.9M | Reduce -27.6% |
| GAP The Gap Inc. | 0.80% | 85,225 | $1.9M | New |
| IBTL iShares Ibonds Dec 2031 Term | 0.78% | 88,896 | $1.8M | Add +24.0% |
| ROST Ross Stores Inc. | 0.77% | 14,102 | $1.8M | New |
| FDX FedEx Corp. | 0.77% | 7,830 | $1.8M | New |
| AAPL Apple Inc. | 0.76% | 8,631 | $1.8M | Reduce -48.6% |
| HES Hess Corp. | 0.73% | 12,221 | $1.7M | New |
| META Meta Platforms Inc. Class A | 0.72% | 2,259 | $1.7M | Reduce -31.3% |
| NFLX Netflix Inc. | 0.72% | 1,244 | $1.7M | New |
| IBTP iShares Ibonds Dec 2034 ETF | 0.71% | 64,266 | $1.7M | Add +34.6% |
| RL Ralph Lauren Corp. | 0.68% | 5,800 | $1.6M | New |
| IBTK iShares Ibonds Dec 2030 Trea | 0.68% | 79,894 | $1.6M | Add +28.1% |
| IDXX Idexx Laboratories Inc. | 0.67% | 2,884 | $1.5M | New |
| HEI Heico Corp. | 0.65% | 4,589 | $1.5M | New |
| MSFT Microsoft Corp. | 0.65% | 3,025 | $1.5M | Reduce -7.9% |
| WAB Wabtec Corp. | 0.61% | 6,785 | $1.4M | New |
| TNL Travel + Leisure Co. | 0.61% | 27,428 | $1.4M | New |
| ACM Aecom | 0.60% | 12,437 | $1.4M | New |
| CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC | 0.60% | 11,019 | $1.4M | New |
| LHX L3HARRIS Technologies Inc. | 0.59% | 5,452 | $1.4M | New |
| RMD Resmed Inc. | 0.59% | 5,279 | $1.4M | New |
| NYT New York Times Co. Class A | 0.58% | 24,116 | $1.3M | New |
| MORN Morningstar Inc. | 0.58% | 4,285 | $1.3M | New |
| ANSS Ansys Inc. | 0.57% | 3,786 | $1.3M | New |
| IBTO iShares Ibonds Dec 2033 Tres | 0.57% | 54,066 | $1.3M | Add +24.9% |
| IBTI iShares Ibonds Dec 2028 Term | 0.57% | 58,987 | $1.3M | Add +43.3% |
| FTNT Fortinet Inc. | 0.57% | 12,461 | $1.3M | New |
| LDOS Leidos Holdings Inc. | 0.57% | 8,337 | $1.3M | New |
| ANF Abercrombie & Fitch Co. Class A | 0.56% | 15,755 | $1.3M | New |
| IBDZ ISHARESIBONDSDEC2034TMCORP | 0.56% | 49,875 | $1.3M | Add +45.8% |
| AME Ametek Inc. | 0.56% | 7,200 | $1.3M | New |
| CTAS Cintas Corp. | 0.56% | 5,808 | $1.3M | New |
| FDS Factset Research Systems Inc. | 0.53% | 2,748 | $1.2M | New |
| BR Broadridge Financial Solutio | 0.52% | 5,014 | $1.2M | New |
| ALSN Allison Transmission Holding | 0.52% | 12,823 | $1.2M | New |
| AVY Avery Dennison Corp. | 0.52% | 6,855 | $1.2M | New |
| MMS Maximus Inc. | 0.51% | 16,799 | $1.2M | New |
| ZTS Zoetis Inc. | 0.51% | 7,556 | $1.2M | New |
| ICFI Icf International Inc. | 0.50% | 13,780 | $1.2M | New |
| PAYX Paychex Inc. | 0.50% | 7,996 | $1.2M | New |
| FICO Fair Isaac Corp. | 0.50% | 636 | $1.2M | New |
| AMZN Amazon.com Inc. | 0.50% | 5,278 | $1.2M | Reduce -38.9% |
| TGNA Tegna Inc. | 0.50% | 68,668 | $1.2M | New |
| MRK Merck & Co. Inc. | 0.49% | 14,416 | $1.1M | Add +107.0% |
| IBTM iShares Ibnds Dec 2032 TT | 0.49% | 49,180 | $1.1M | Add +27.8% |
| FISV Fiserv Inc. | 0.49% | 6,551 | $1.1M | Reduce -64.8% |
| HURN Huron Consulting Group Inc. | 0.48% | 8,114 | $1.1M | New |
| CNMD Conmed Corp. | 0.47% | 20,765 | $1.1M | New |
| PBH Prestige Consumer Healthcare | 0.46% | 13,516 | $1.1M | New |
| GSHD Goosehead Insurance Inc. Class A | 0.46% | 10,206 | $1.1M | New |
| IBTH iShares Ibonds Dec 2027 Term | 0.46% | 47,388 | $1.1M | Add +34.2% |
| TXT Textron Inc. | 0.45% | 13,008 | $1.0M | Reduce -54.8% |
| HALO Halozyme Therapeutics Inc. | 0.42% | 18,905 | $983K | New |
| IBDY iShares Ibonds Dec 2033 Corp. | 0.42% | 37,488 | $971K | Add +44.0% |
| FBIN Fortune Brands Innovations I | 0.40% | 17,879 | $920K | New |
| IBDX iShares Ibonds Dec 2032 TC | 0.39% | 35,950 | $909K | Add +50.0% |
| STZ Constellation Brands Inc. Class A | 0.39% | 5,562 | $905K | New |
| DVN Devon Energy Corp. | 0.36% | 26,509 | $843K | New |
| TMO Thermo Fisher Scientific Inc. | 0.34% | 1,939 | $786K | New |
| ADBE Adobe Inc. | 0.29% | 1,771 | $685K | Reduce -15.5% |
| DE Deere & Co. | 0.26% | 1,205 | $613K | Reduce -84.4% |
| CVX Chevron Corp. | 0.24% | 3,920 | $561K | Reduce -80.6% |
| DLR Digital Realty Trust Inc. | 0.22% | 2,935 | $512K | Reduce -84.7% |
| XOM Exxon Mobil Corp. | 0.22% | 4,658 | $502K | Reduce -82.8% |
| CAT Caterpillar Inc. | 0.19% | 1,165 | $452K | Reduce -86.0% |
| COST Costco Wholesale Corp. | 0.16% | 377 | $373K | Reduce -82.2% |
| BLK BlackRock Inc. | 0.15% | 333 | $349K | Reduce -88.9% |
| TM Toyota Motor Corp. -Spon ADR | 0.14% | 1,874 | $323K | Reduce -0.2% |
| UNP Union Pacific Corp. | 0.14% | 1,383 | $318K | Reduce -81.9% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.13% | 2,353 | $309K | New |
| KVUE Kenvue Inc. | 0.12% | 12,812 | $268K | Reduce -87.7% |
| RHP Ryman Hospitality Properties | 0.11% | 2,654 | $262K | New |
| EFV iShares MSCI Eafe Value ETF | 0.11% | 3,919 | $249K | Reduce -87.4% |
| MCD McDonald's Corp. | 0.10% | 819 | $239K | Reduce -91.0% |
| WMT Walmart Inc. | 0.10% | 2,439 | $238K | Reduce -86.8% |
| CMCSA Comcast Corp. Class A | 0.10% | 6,443 | $230K | Reduce -88.0% |
| ABT Abbott Laboratories | 0.10% | 1,658 | $225K | Reduce -87.8% |
Portfolio Sells Q1 2025 → Q2 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -63.9% | 1.17% | −2.86 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -17.1% | 4.35% | −1.62 |
| FISV Fiserv Inc. | Reduce -64.8% | 0.49% | −1.53 |
| DE Deere & Co. | Reduce -84.4% | 0.26% | −1.51 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −1.47 |
| CVX Chevron Corp. | Reduce -80.6% | 0.24% | −1.41 |
| XOM Exxon Mobil Corp. | Reduce -82.8% | 0.22% | −1.36 |
| MCD McDonald's Corp. | Reduce -91.0% | 0.10% | −1.28 |
| BLK BlackRock Inc. | Reduce -88.9% | 0.15% | −1.24 |
| CRM Salesforce Inc. | Sold out | 0.00% | −1.23 |
| CAT Caterpillar Inc. | Reduce -86.0% | 0.19% | −1.15 |
| DLR Digital Realty Trust Inc. | Reduce -84.7% | 0.22% | −1.13 |
| KVUE Kenvue Inc. | Reduce -87.7% | 0.12% | −1.11 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −1.10 |
| AAPL Apple Inc. | Reduce -48.6% | 0.76% | −1.06 |
| KEYS Keysight Technologies Inc. | Sold out | 0.00% | −0.89 |
| CUZ Cousins Properties Inc. | Sold out | 0.00% | −0.89 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.88 |
| CMCSA Comcast Corp. Class A | Reduce -88.0% | 0.10% | −0.87 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.84 |
| COST Costco Wholesale Corp. | Reduce -82.2% | 0.16% | −0.82 |
| FITB Fifth Third Bancorp | Sold out | 0.00% | −0.80 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -15.2% | 2.35% | −0.80 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -1.7% | 5.07% | −0.79 |
| ABT Abbott Laboratories | Reduce -87.8% | 0.10% | −0.79 |
| EFV iShares MSCI Eafe Value ETF | Reduce -87.4% | 0.11% | −0.79 |
| UNP Union Pacific Corp. | Reduce -81.9% | 0.14% | −0.75 |
| WMT Walmart Inc. | Reduce -86.8% | 0.10% | −0.69 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.63 |
| JQUA JPMorgan US Quality Factor | Sold out | 0.00% | −0.59 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Sold out | 0.00% | −0.59 |
| TXT Textron Inc. | Reduce -54.8% | 0.45% | −0.57 |
| EWBC East West Bancorp Inc. | Sold out | 0.00% | −0.56 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.55 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.51 |
| IBDT iShares Ibonds Dec 2028 ETF | Reduce -10.9% | 1.83% | −0.49 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -27.6% | 0.80% | −0.46 |
| IBDU iShares Ibonds Dec 2029 Term | Reduce -9.2% | 1.86% | −0.45 |
| IBDV iShares Ibonds Dec 2030 Corp. | Reduce -7.5% | 1.90% | −0.41 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.38 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.36 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Sold out | 0.00% | −0.33 |
| AMZN Amazon.com Inc. | Reduce -38.9% | 0.50% | −0.31 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -0.3% | 2.15% | −0.31 |
| RGEN Repligen Corp. | Sold out | 0.00% | −0.30 |
| IBDW iShares Ibonds Dec 2031 Corp. | Reduce -1.8% | 2.01% | −0.29 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.24 |
| META Meta Platforms Inc. Class A | Reduce -31.3% | 0.72% | −0.21 |
| MOAT Vaneck Morningstar Wide Moat | Sold out | 0.00% | −0.21 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.15 |
Portfolio Buys Q1 2025 → Q2 2025
| USHY iShares Broad Usd High Yield | New | 2.84% | +2.84 |
| JBBB Janus Henderson B-BBB Clo Et | New | 2.36% | +2.36 |
| NVDA Nvidia Corp. | Add +147.4% | 2.48% | +1.70 |
| QCOM Qualcomm Inc. | New | 1.29% | +1.29 |
| PFE Pfizer Inc. | New | 1.04% | +1.04 |
| VICI Vici Properties Inc. | New | 1.00% | +1.00 |
| AMD Advanced Micro Devices | New | 0.96% | +0.96 |
| GNRC Generac Holdings Inc. | New | 0.94% | +0.94 |
| TMUS T-Mobile US Inc. | New | 0.86% | +0.86 |
| SNPS Synopsys Inc. | New | 0.82% | +0.82 |
| NOW ServiceNow Inc. | New | 0.82% | +0.82 |
| KMI Kinder Morgan Inc. | New | 0.82% | +0.82 |
| DUK Duke Energy Corp. | New | 0.81% | +0.81 |
| GAP The Gap Inc. | New | 0.80% | +0.80 |
| ROST Ross Stores Inc. | New | 0.77% | +0.77 |
| FDX FedEx Corp. | New | 0.77% | +0.77 |
| HES Hess Corp. | New | 0.73% | +0.73 |
| NFLX Netflix Inc. | New | 0.72% | +0.72 |
| RL Ralph Lauren Corp. | New | 0.68% | +0.68 |
| IDXX Idexx Laboratories Inc. | New | 0.67% | +0.67 |
| HEI Heico Corp. | New | 0.65% | +0.65 |
| WAB Wabtec Corp. | New | 0.61% | +0.61 |
| TNL Travel + Leisure Co. | New | 0.61% | +0.61 |
| ACM Aecom | New | 0.60% | +0.60 |
| CVSA Covista Inc. | New | 0.60% | +0.60 |
| LHX L3HARRIS Technologies Inc. | New | 0.59% | +0.59 |
| RMD Resmed Inc. | New | 0.59% | +0.59 |
| NYT New York Times Co. Class A | New | 0.58% | +0.58 |
| MORN Morningstar Inc. | New | 0.58% | +0.58 |
| ANSS Ansys Inc. | New | 0.57% | +0.57 |
| FTNT Fortinet Inc. | New | 0.57% | +0.57 |
| LDOS Leidos Holdings Inc. | New | 0.57% | +0.57 |
| ANF Abercrombie & Fitch Co. Class A | New | 0.56% | +0.56 |
| AME Ametek Inc. | New | 0.56% | +0.56 |
| CTAS Cintas Corp. | New | 0.56% | +0.56 |
| FDS Factset Research Systems Inc. | New | 0.53% | +0.53 |
| BR Broadridge Financial Solutio | New | 0.52% | +0.52 |
| ALSN Allison Transmission Holding | New | 0.52% | +0.52 |
| AVY Avery Dennison Corp. | New | 0.52% | +0.52 |
| MMS Maximus Inc. | New | 0.51% | +0.51 |
| ZTS Zoetis Inc. | New | 0.51% | +0.51 |
| ICFI Icf International Inc. | New | 0.50% | +0.50 |
| FICO Fair Isaac Corp. | New | 0.50% | +0.50 |
| PAYX Paychex Inc. | New | 0.50% | +0.50 |
| TGNA Tegna Inc. | New | 0.50% | +0.50 |
| HURN Huron Consulting Group Inc. | New | 0.48% | +0.48 |
| CNMD Conmed Corp. | New | 0.47% | +0.47 |
| PBH Prestige Consumer Healthcare | New | 0.46% | +0.46 |
| GSHD Goosehead Insurance Inc. Class A | New | 0.46% | +0.46 |
| HALO Halozyme Therapeutics Inc. | New | 0.42% | +0.42 |
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 |