Kempner Capital Management Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 11, 2024), Kempner Capital Management Inc. reported 51 stock positions worth $184.4 million. Its top holding was Micron Technology (MU) at 6.1% of the portfolio, followed by Black Stone Minerals (BSM, 4.3%) and Walt Disney (DIS, 4.2%). Compared with Q4 2023, it opened 1 new position, sold out of 4, added to 2 and reduced 35. The biggest buy was a new position in Pfizer (PFE) and the biggest sale an exit from Viatris (VTRS).
- Most Recent 13F
- Q4 2025
- Location
- GALVESTON, TX
- CIK
- 0000898399
- Portfolio Value
- $184.4M (Q1 2024)
- SEC Filing
- 0000898399-24-000003 ↗ filed Apr 11, 2024
Holdings Value
Holdings 51 stocks · $184.4M
| MU Micron Technology Inc. | 6.07% | 94,933 | $11.2M | Reduce -0.0% |
| BSM Black Stone Minerals LP | 4.32% | 498,616 | $8.0M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 4.16% | 62,631 | $7.7M | Reduce -0.0% |
| BP BP PLC-Spons ADR | 3.80% | 186,079 | $7.0M | Reduce 0.0% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 3.69% | 79,175 | $6.8M | Reduce -0.0% |
| C Citigroup Inc. | 3.65% | 106,549 | $6.7M | Reduce -0.0% |
| TSM Taiwan Semiconductor-SP ADR | 3.40% | 46,039 | $6.3M | Reduce -24.9% |
| EQH Equitable Holdings Inc. | 3.28% | 159,372 | $6.1M | Reduce -0.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.25% | 158,088 | $6.0M | Reduce -0.0% |
| CFG Citizens Financial Group | 3.22% | 163,446 | $5.9M | Reduce -0.0% |
| PXD Pioneer Natural Resources Co. | 3.16% | 22,187 | $5.8M | Reduce -0.0% |
| SHEL Shell PLC-ADR | 3.13% | 86,050 | $5.8M | Reduce -0.0% |
| CFR Cullen/Frost Bankers Inc. | 3.00% | 49,096 | $5.5M | Reduce -1.9% |
| LHX L3HARRIS Technologies Inc. | 3.00% | 25,927 | $5.5M | Reduce -0.0% |
| TSN Tyson Foods Inc. Class A | 2.87% | 90,137 | $5.3M | Reduce -0.0% |
| LNC Lincoln National Corp. | 2.75% | 158,906 | $5.1M | Reduce -0.0% |
| TFC Truist Financial Corp. | 2.65% | 125,483 | $4.9M | Reduce -0.0% |
| CSCO Cisco Systems Inc. | 2.63% | 97,123 | $4.8M | Reduce -0.0% |
| EBAY eBay Inc. | 2.62% | 91,585 | $4.8M | Reduce -0.0% |
| BMY Bristol-Myers Squibb Co. | 2.59% | 88,032 | $4.8M | Add +26.9% |
| CTTAY Continental AG-Spons ADR | 2.45% | 631,526 | $4.5M | Reduce -0.0% |
| TER Teradyne Inc. | 2.40% | 39,183 | $4.4M | Reduce -0.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 2.33% | 78,358 | $4.3M | Reduce -0.0% |
| GM General Motors Co. | 2.21% | 89,935 | $4.1M | Reduce -50.0% |
| FANG Diamondback Energy Inc. | 2.11% | 19,671 | $3.9M | Reduce -0.0% |
| T AT&T Inc. | 1.95% | 204,211 | $3.6M | Add +44.3% |
| ES Eversource Energy | 1.90% | 58,528 | $3.5M | Reduce 0.0% |
| EVRG Evergy Inc. | 1.85% | 64,067 | $3.4M | Reduce 0.0% |
| GSK GSK PLC-Spon ADR | 1.75% | 75,432 | $3.2M | Reduce -0.0% |
| ST Sensata Technologies Holdplc | 1.71% | 85,817 | $3.2M | Reduce -0.0% |
| HIG Hartford Insurance Group Inc. | 1.42% | 25,365 | $2.6M | Reduce -50.1% |
| EG Everest Group Ltd. | 1.40% | 6,479 | $2.6M | No change |
| PFE Pfizer Inc. | 1.32% | 87,901 | $2.4M | New |
| JCI Johnson Controls Internation | 1.26% | 35,634 | $2.3M | Reduce -0.0% |
| RIO Rio Tinto PLC-Spon ADR | 1.13% | 32,837 | $2.1M | Reduce -0.0% |
| LYB Lyondellbasell Indu Class A | 0.72% | 13,067 | $1.3M | Reduce -50.5% |
| AMGN Amgen Inc. | 0.72% | 4,691 | $1.3M | No change |
| DTEGY Deutsche Telekom AG-Spon ADR | 0.72% | 55,024 | $1.3M | Reduce -0.0% |
| OGN Organon & Co. | 0.70% | 68,361 | $1.3M | Reduce -0.0% |
| PARAA Paramount Global Class B | 0.51% | 79,415 | $935K | Reduce -0.0% |
| BHP BHP Group Ltd.-Spon ADR | 0.47% | 15,120 | $872K | Reduce -0.0% |
| ISRA Vaneck Israel ETF | 0.46% | 22,500 | $844K | No change |
| KMI Kinder Morgan Inc. | 0.28% | 28,200 | $517K | No change |
| AWPAX AB Sust Intl Thematic-A filed as AWPAX AB SUST INTL THEMATIC A | 0.26% | 24,540 | $472K | No change |
| PK Park Hotels & Resorts Inc. | 0.21% | 22,000 | $385K | No change |
| SBI Western Asset Intermediate | 0.21% | 47,800 | $379K | No change |
| SVC Service Pptys TR | 0.18% | 49,450 | $335K | No change |
| EOSE Eos Energy Enterprises Inc. | 0.06% | 110,000 | $113K | No change |
| WBD Warner Bros Discovery Inc. | 0.05% | 11,175 | $98K | No change |
| ENZB Enzo Biochem Inc. | 0.02% | 25,475 | $32K | No change |
| EMKR Emcore Corp. | 0.00% | 15,000 | $5K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| VTRS Viatris Inc. | Sold out | 0.00% | −2.14 |
| GM General Motors Co. | Reduce -50.0% | 2.21% | −1.40 |
| AYI Acuity Inc. | Sold out | 0.00% | −1.40 |
| HIG Hartford Insurance Group Inc. | Reduce -50.1% | 1.42% | −0.87 |
| LYB Lyondellbasell Indu Class A | Reduce -50.5% | 0.72% | −0.68 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.60 |
| CTTAY Continental AG-Spons ADR | Reduce -0.0% | 2.45% | −0.53 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -0.0% | 1.13% | −0.23 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -24.9% | 3.40% | −0.17 |
| PARAA Paramount Global Class B | Reduce -0.0% | 0.51% | −0.15 |
| ES Eversource Energy | Reduce 0.0% | 1.90% | −0.12 |
| CSCO Cisco Systems Inc. | Reduce -0.0% | 2.63% | −0.12 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -0.0% | 0.47% | −0.10 |
| ST Sensata Technologies Holdplc | Reduce -0.0% | 1.71% | −0.09 |
| UNITED STS NAT GAS FD LP | Sold out | 0.00% | −0.07 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.0% | 3.00% | −0.06 |
| SHEL Shell PLC-ADR | Reduce -0.0% | 3.13% | −0.04 |
| CFR Cullen/Frost Bankers Inc. | Reduce -1.9% | 3.00% | −0.04 |
| DTEGY Deutsche Telekom AG-Spon ADR | Reduce -0.0% | 0.72% | −0.02 |
| EVRG Evergy Inc. | Reduce 0.0% | 1.85% | −0.02 |
| TER Teradyne Inc. | Reduce -0.0% | 2.40% | +0.02 |
| SLB SLB Ltd. | Reduce -0.0% | 2.33% | +0.05 |
| TFC Truist Financial Corp. | Reduce -0.0% | 2.65% | +0.06 |
| IFF Intl Flavors & Fragrances | Reduce -0.0% | 3.69% | +0.11 |
| JCI Johnson Controls Internation | Reduce -0.0% | 1.26% | +0.11 |
| BP BP PLC-Spons ADR | Reduce 0.0% | 3.80% | +0.12 |
| OGN Organon & Co. | Reduce -0.0% | 0.70% | +0.15 |
| TSN Tyson Foods Inc. Class A | Reduce -0.0% | 2.87% | +0.16 |
| CFG Citizens Financial Group | Reduce -0.0% | 3.22% | +0.19 |
| GSK GSK PLC-Spon ADR | Reduce -0.0% | 1.75% | +0.19 |
| BAC Bank of America Corp. | Reduce -0.0% | 3.25% | +0.27 |
| EQH Equitable Holdings Inc. | Reduce -0.0% | 3.28% | +0.32 |
| LNC Lincoln National Corp. | Reduce -0.0% | 2.75% | +0.36 |
| PXD Pioneer Natural Resources Co. | Reduce -0.0% | 3.16% | +0.37 |
| EBAY eBay Inc. | Reduce -0.0% | 2.62% | +0.39 |
| FANG Diamondback Energy Inc. | Reduce -0.0% | 2.11% | +0.41 |
| C Citigroup Inc. | Reduce -0.0% | 3.65% | +0.59 |
| DIS The Walt Disney Co. | Reduce -0.0% | 4.16% | +0.99 |
| MU Micron Technology Inc. | Reduce -0.0% | 6.07% | +1.54 |
Portfolio Buys Q4 2023 → Q1 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 43 | $105.8M | MU, BSM, TSM, GOOG, TER |
| Q3 2025 | 48 | $120.1M | MU, TSM, BSM, CFR, GOOG |
| Q2 2025 | 47 | $186.7M | TSM, MU, BSM, DIS, BAC |
| Q1 2025 | 49 | $177.7M | MU, TSM, BSM, GSK, SHEL |
| Q4 2024 | 49 | $182.2M | TSM, MU, BSM, DIS, CNMD |
| Q3 2024 | 51 | $195.4M | MU, TSM, BSM, CNMD, CFG |
| Q2 2024 | 50 | $188.6M | MU, TSM, BSM, C, BP |
| Q1 2024 | 51 | $184.4M | MU, BSM, DIS, BP, IFF |