Keene & Associates, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Keene & Associates, Inc. reported 76 stock positions worth $124.5 million. Its top holding was Walmart (WMT) at 4.0% of the portfolio, followed by Kinder Morgan (KMI, 3.8%) and Cisco Systems (CSCO, 3.5%). Compared with Q3 2024, it opened 4 new positions, sold out of 6, added to 37 and reduced 28. The biggest buy was a new position in Jacobs Solutions (J) and the biggest sale an exit from Unilever (UL).
- Most Recent 13F
- Q4 2024
- Location
- FORT WORTH, TX
- CIK
- 0001907874
- Portfolio Value
- $124.5M (Q4 2024)
- SEC Filing
- 0001907874-25-000001 ↗ filed Feb 3, 2025
Holdings Value
Holdings 76 stocks · $124.5M
| WMT Walmart Inc. | 3.97% | 54,790 | $5.0M | Reduce -6.0% |
| KMI Kinder Morgan Inc. | 3.80% | 172,528 | $4.7M | Reduce -0.8% |
| CSCO Cisco Systems Inc. | 3.54% | 74,459 | $4.4M | Add +0.2% |
| MSFT Microsoft Corp. | 3.44% | 10,151 | $4.3M | Add +1.4% |
| INGR Ingredion Inc. | 3.38% | 30,578 | $4.2M | Reduce -0.5% |
| FDX FedEx Corp. | 3.32% | 14,698 | $4.1M | Add +2.9% |
| ORCL Oracle Corp. | 3.32% | 24,801 | $4.1M | Reduce -7.5% |
| GLW Corning Inc. | 3.25% | 85,201 | $4.0M | Reduce -5.2% |
| EVRG Evergy Inc. | 3.17% | 64,239 | $4.0M | Add +0.5% |
| DUK Duke Energy Corp. | 2.88% | 33,270 | $3.6M | Add +1.0% |
| BMY Bristol-Myers Squibb Co. | 2.81% | 61,881 | $3.5M | Add +0.5% |
| TSN Tyson Foods Inc. Class A | 2.77% | 60,123 | $3.5M | Add +1.8% |
| VZ Verizon Communications Inc. | 2.74% | 85,373 | $3.4M | Add +1.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.71% | 30,265 | $3.4M | Add +2.9% |
| KMB Kimberly-Clark Corp. | 2.67% | 25,354 | $3.3M | Add +2.5% |
| GD General Dynamics Corp. | 2.60% | 12,281 | $3.2M | Add +4.3% |
| B Barrick Gold Corp. | 2.55% | 204,775 | $3.2M | Reduce -3.0% |
| MDT Medtronic PLC | 2.54% | 39,649 | $3.2M | Add +1.8% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 2.51% | 81,477 | $3.1M | Add +7.9% |
| PEP Pepsico Inc. | 2.43% | 19,877 | $3.0M | Add +4.1% |
| J Jacobs Solutions Inc. | 2.39% | 22,247 | $3.0M | New |
| JNJ Johnson & Johnson | 2.36% | 20,328 | $2.9M | Add +5.9% |
| MRK Merck & Co. Inc. | 2.34% | 29,240 | $2.9M | Add +9.3% |
| CVX Chevron Corp. | 2.18% | 18,739 | $2.7M | Add +3.8% |
| PFE Pfizer Inc. | 2.03% | 95,073 | $2.5M | Reduce -15.1% |
| NEM Newmont Corp. | 1.94% | 64,935 | $2.4M | Reduce -22.8% |
| CAG Conagra Brands Inc. | 1.93% | 86,550 | $2.4M | New |
| BWA Borgwarner Inc. | 1.73% | 67,609 | $2.1M | Reduce -30.9% |
| BILZ PIMCO Ultra SHRT Govt Active | 1.49% | 18,345 | $1.8M | Add +115.3% |
| RSP Invesco S&P 500 Equal Weight | 1.39% | 9,901 | $1.7M | Add +0.6% |
| NTR Nutrien Ltd. | 1.27% | 35,464 | $1.6M | Reduce -39.3% |
| DVN Devon Energy Corp. | 1.24% | 47,330 | $1.5M | Reduce -35.4% |
| GLD SPDR Gold Shares | 1.00% | 5,135 | $1.2M | No change |
| ZBRA Zebra Technologies Corp. Class A | 0.79% | 2,560 | $989K | Reduce -5.2% |
| CTVA Corteva Inc. | 0.71% | 15,586 | $888K | Add +1.3% |
| HAE Haemonetics Corp. | 0.68% | 10,904 | $851K | Add +7.2% |
| SMG Scotts Miracle-Gro Co. | 0.63% | 11,870 | $787K | Reduce -5.1% |
| GOOGL Alphabet Inc. Class A | 0.60% | 3,961 | $750K | Add +11.6% |
| MTRX Matrix Service Co. | 0.59% | 61,651 | $738K | Add +0.1% |
| CFR Cullen/Frost Bankers Inc. | 0.56% | 5,232 | $702K | Reduce -0.1% |
| GEV GE Vernova Inc. | 0.56% | 2,114 | $695K | Reduce -11.7% |
| SCHW Schwab (charles) Corp. | 0.55% | 9,296 | $688K | Reduce -0.3% |
| BA The Boeing Co. | 0.51% | 3,562 | $630K | Add +51.1% |
| HD Home Depot Inc. | 0.48% | 1,542 | $600K | Reduce -2.9% |
| AAPL Apple Inc. | 0.46% | 2,293 | $574K | Add +8.1% |
| TGT Target Corp. | 0.46% | 4,227 | $571K | Add +7.4% |
| RRR Red Rock Resorts Inc. Class A | 0.44% | 11,847 | $548K | New |
| CSW CSW Industrials Inc. | 0.42% | 1,500 | $529K | New |
| RVTY Revvity Inc. | 0.42% | 4,678 | $522K | Add +9.2% |
| OXY Occidental Petroleum Corp. | 0.41% | 10,389 | $513K | Add +13.7% |
| VGSH Vanguard Short-Term Treasury | 0.41% | 8,819 | $513K | Add +1.4% |
| RPRX Royalty Pharma PLC Class A | 0.40% | 19,420 | $495K | Add +1.9% |
| ERII Energy Recovery Inc. | 0.38% | 32,604 | $479K | Add +15.5% |
| AGX Argan Inc. | 0.36% | 3,263 | $447K | Reduce -32.1% |
| MINT PIMCO Enhanced Short Maturit | 0.34% | 4,230 | $424K | No change |
| JNPR Juniper Networks Inc. | 0.33% | 11,094 | $415K | Reduce -1.8% |
| RL Ralph Lauren Corp. | 0.33% | 1,767 | $408K | Reduce -2.4% |
| HSII Heidrick & Struggles Intl | 0.32% | 9,055 | $401K | Reduce -2.2% |
| NFG National Fuel Gas Co. | 0.31% | 6,330 | $384K | Add +1.2% |
| LNG Cheniere Energy Inc. | 0.31% | 1,783 | $383K | Reduce -2.5% |
| NI Nisource Inc. | 0.31% | 10,373 | $381K | Reduce -2.2% |
| UVV Universal Corp. | 0.30% | 6,848 | $376K | Reduce -2.0% |
| UGL Proshares Ultra Gold | 0.30% | 4,000 | $374K | No change |
| THS Treehouse Foods Inc. | 0.30% | 10,475 | $368K | Add +0.6% |
| ELAN Elanco Animal Health Inc. | 0.28% | 29,230 | $354K | Add +27.4% |
| HSIC Henry Schein Inc. | 0.28% | 5,086 | $352K | Add +0.6% |
| DAR Darling Ingredients Inc. | 0.27% | 10,135 | $341K | Reduce -22.1% |
| SNN Smith & Nephew PLC -Spon ADR | 0.27% | 13,686 | $336K | Add +18.2% |
| HP Helmerich & Payne | 0.26% | 10,140 | $325K | Add +31.3% |
| RGLD Royal Gold Inc. | 0.25% | 2,333 | $308K | Reduce -8.7% |
| FLO Flowers Foods Inc. | 0.24% | 14,391 | $297K | Reduce -6.6% |
| TMV Dir Da 20+YR Tre Be 3X ETF-U | 0.24% | 7,476 | $297K | No change |
| FMC FMC Corp. | 0.19% | 4,954 | $241K | Reduce -21.7% |
| NG Novagold Resources Inc. | 0.03% | 10,000 | $33K | No change |
| NGD New Gold Inc. | 0.02% | 10,000 | $25K | No change |
| VGZ Vista Gold Corp. | 0.01% | 11,200 | $6K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| UL Unilever PLC | Sold out | 0.00% | −3.15 |
| INTC Intel Corp. | Sold out | 0.00% | −1.58 |
| NEM Newmont Corp. | Reduce -22.8% | 1.94% | −1.47 |
| BWA Borgwarner Inc. | Reduce -30.9% | 1.73% | −0.96 |
| DVN Devon Energy Corp. | Reduce -35.4% | 1.24% | −0.93 |
| NTR Nutrien Ltd. | Reduce -39.3% | 1.27% | −0.85 |
| B Barrick Gold Corp. | Reduce -3.0% | 2.55% | −0.63 |
| PFE Pfizer Inc. | Reduce -15.1% | 2.03% | −0.43 |
| AVNS Avanos Medical Inc. | Sold out | 0.00% | −0.33 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.25 |
| SYNA Synaptics Inc. | Sold out | 0.00% | −0.19 |
| SMG Scotts Miracle-Gro Co. | Reduce -5.1% | 0.63% | −0.19 |
| ORCL Oracle Corp. | Reduce -7.5% | 3.32% | −0.14 |
| FMC FMC Corp. | Reduce -21.7% | 0.19% | −0.12 |
| DAR Darling Ingredients Inc. | Reduce -22.1% | 0.27% | −0.09 |
| LFCR Lifecore Biomedical Inc. | Sold out | 0.00% | −0.08 |
| FLO Flowers Foods Inc. | Reduce -6.6% | 0.24% | −0.03 |
| RGLD Royal Gold Inc. | Reduce -8.7% | 0.25% | −0.02 |
| AGX Argan Inc. | Reduce -32.1% | 0.36% | −0.01 |
| HD Home Depot Inc. | Reduce -2.9% | 0.48% | −0.01 |
| JNPR Juniper Networks Inc. | Reduce -1.8% | 0.33% | 0.00 |
| UVV Universal Corp. | Reduce -2.0% | 0.30% | +0.02 |
| NI Nisource Inc. | Reduce -2.2% | 0.31% | +0.03 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -5.2% | 0.79% | +0.04 |
| HSII Heidrick & Struggles Intl | Reduce -2.2% | 0.32% | +0.05 |
| LNG Cheniere Energy Inc. | Reduce -2.5% | 0.31% | +0.06 |
| RL Ralph Lauren Corp. | Reduce -2.4% | 0.33% | +0.06 |
| SCHW Schwab (charles) Corp. | Reduce -0.3% | 0.55% | +0.09 |
| GEV GE Vernova Inc. | Reduce -11.7% | 0.56% | +0.10 |
| CFR Cullen/Frost Bankers Inc. | Reduce -0.1% | 0.56% | +0.12 |
| GLW Corning Inc. | Reduce -5.2% | 3.25% | +0.18 |
| INGR Ingredion Inc. | Reduce -0.5% | 3.38% | +0.18 |
| WMT Walmart Inc. | Reduce -6.0% | 3.97% | +0.41 |
| KMI Kinder Morgan Inc. | Reduce -0.8% | 3.80% | +0.89 |
Portfolio Buys Q3 2024 → Q4 2024
| J Jacobs Solutions Inc. | New | 2.39% | +2.39 |
| CAG Conagra Brands Inc. | New | 1.93% | +1.93 |
| BILZ PIMCO Ultra SHRT Govt Active | Add +115.3% | 1.49% | +0.83 |
| DIS The Walt Disney Co. | Add +2.9% | 2.71% | +0.56 |
| CSCO Cisco Systems Inc. | Add +0.2% | 3.54% | +0.54 |
| RRR Red Rock Resorts Inc. Class A | New | 0.44% | +0.44 |
| CSW CSW Industrials Inc. | New | 0.42% | +0.42 |
| BMY Bristol-Myers Squibb Co. | Add +0.5% | 2.81% | +0.40 |
| FDX FedEx Corp. | Add +2.9% | 3.32% | +0.36 |
| BA The Boeing Co. | Add +51.1% | 0.51% | +0.23 |
| MSFT Microsoft Corp. | Add +1.4% | 3.44% | +0.17 |
| EVRG Evergy Inc. | Add +0.5% | 3.17% | +0.17 |
| CVX Chevron Corp. | Add +3.8% | 2.18% | +0.17 |
| GOOGL Alphabet Inc. Class A | Add +11.6% | 0.60% | +0.16 |
| SLB SLB Ltd. | Add +7.9% | 2.51% | +0.11 |
| TSN Tyson Foods Inc. Class A | Add +1.8% | 2.77% | +0.11 |
| AAPL Apple Inc. | Add +8.1% | 0.46% | +0.09 |
| HP Helmerich & Payne | Add +31.3% | 0.26% | +0.08 |
| HAE Haemonetics Corp. | Add +7.2% | 0.68% | +0.06 |
| RSP Invesco S&P 500 Equal Weight | Add +0.6% | 1.39% | +0.06 |
| OXY Occidental Petroleum Corp. | Add +13.7% | 0.41% | +0.06 |
| MTRX Matrix Service Co. | Add +0.1% | 0.59% | +0.05 |
| MRK Merck & Co. Inc. | Add +9.3% | 2.34% | +0.03 |
| ELAN Elanco Animal Health Inc. | Add +27.4% | 0.28% | +0.03 |
| CTVA Corteva Inc. | Add +1.3% | 0.71% | +0.03 |
| VGSH Vanguard Short-Term Treasury | Add +1.4% | 0.41% | +0.02 |
| NFG National Fuel Gas Co. | Add +1.2% | 0.31% | +0.02 |
| ERII Energy Recovery Inc. | Add +15.5% | 0.38% | +0.01 |
| RVTY Revvity Inc. | Add +9.2% | 0.42% | +0.00 |
| JNJ Johnson & Johnson | Add +5.9% | 2.36% | +0.00 |
| HSIC Henry Schein Inc. | Add +0.6% | 0.28% | +0.00 |
| KMB Kimberly-Clark Corp. | Add +2.5% | 2.67% | +0.00 |
| DUK Duke Energy Corp. | Add +1.0% | 2.88% | +0.00 |
| SNN Smith & Nephew PLC -Spon ADR | Add +18.2% | 0.27% | −0.00 |
| TGT Target Corp. | Add +7.4% | 0.46% | −0.01 |
| RPRX Royalty Pharma PLC Class A | Add +1.9% | 0.40% | −0.01 |
| PEP Pepsico Inc. | Add +4.1% | 2.43% | −0.03 |
| THS Treehouse Foods Inc. | Add +0.6% | 0.30% | −0.04 |
| GD General Dynamics Corp. | Add +4.3% | 2.60% | −0.10 |
| MDT Medtronic PLC | Add +1.8% | 2.54% | −0.11 |
| VZ Verizon Communications Inc. | Add +1.6% | 2.74% | −0.12 |