Walter & Keenan Wealth Management LLC /in/

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 30, 2024), Walter & Keenan Wealth Management LLC /in/ reported 141 stock positions worth $305.2 million. Its top holding was Eli Lilly (LLY) at 6.6% of the portfolio, followed by Apple (AAPL, 5.3%) and Microsoft (MSFT, 5.3%). Compared with Q4 2023, it opened 8 new positions, sold out of 9, added to 53 and reduced 47. The biggest buy was Nvidia (NVDA, shares +56%) and the biggest sale an exit from Dollar General (DG).

Most Recent 13F
Q2 2026
Location
SOUTH BEND, IN
CIK
0000752365
Portfolio Value
$305.2M (Q1 2024)
SEC Filing
0000752365-24-000002 ↗ filed Apr 30, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $305.2M $305.2M Q1 2024 Q2 2024: $314.1M Q2 2024 Q3 2024: $329.2M Q3 2024 Q4 2024: $330.9M Q4 2024 Q1 2025: $332.0M Q1 2025 Q2 2025: $344.1M Q2 2025 Q3 2025: $360.5M Q3 2025 Q4 2025: $373.1M Q4 2025 Q1 2026: $355.2M Q1 2026 Q2 2026: $404.6M Q2 2026

Holdings 141 stocks · $305.2M
LLY Eli Lilly & Co. 6.60% 25,889 $20.1M Reduce -2.6%
AAPL Apple Inc. 5.32% 94,626 $16.2M Add +0.7%
MSFT Microsoft Corp. 5.25% 38,114 $16.0M Reduce -1.1%
GOOG Alphabet Inc. Class C 3.63% 72,758 $11.1M Reduce -3.5%
BRK.B Berkshire Hathaway Inc. Class B 3.22% 23,338 $9.8M Reduce -0.1%
JPM JPMorgan Chase & Co. 3.02% 45,984 $9.2M Reduce -1.4%
VT Vanguard Tot World STK ETF 2.56% 70,677 $7.8M Add +1.3%
JNJ Johnson & Johnson 2.33% 44,931 $7.1M Reduce -0.4%
PG The Procter & Gamble Co. 2.27% 42,654 $6.9M Reduce -0.9%
BRK.A Berkshire Hathaway Inc. Class A 1.87% 9 $5.7M No change
SCHB Schwab US Broad Market ETF 1.84% 91,759 $5.6M Add +0.3%
GOOGL Alphabet Inc. Class A 1.72% 34,805 $5.3M Add +0.1%
VIG Vanguard Dividend Apprec ETF 1.72% 28,667 $5.2M Add +29.4%
WMT Walmart Inc. 1.71% 86,644 $5.2M Reduce -1.2%
VYM Vanguard High DVD Yield ETF 1.68% 42,356 $5.1M Add +7.9%
CSCO Cisco Systems Inc. 1.63% 99,703 $5.0M Reduce -0.1%
ABBV Abbvie Inc. 1.63% 27,282 $5.0M Reduce -4.9%
V Visa Inc. Class A 1.52% 16,599 $4.6M Add +5.0%
MRK Merck & Co. Inc. 1.46% 33,763 $4.5M Reduce -3.2%
CMCSA Comcast Corp. Class A 1.35% 95,108 $4.1M Reduce 0.0%
HD Home Depot Inc. 1.31% 10,432 $4.0M Reduce -4.0%
INTC Intel Corp. 1.31% 90,319 $4.0M Reduce -0.9%
BTT BlackRock 2030 Muni TRGT TRM 1.23% 178,011 $3.7M Reduce -9.8%
COIN Coinbase Global Inc. Class A 1.22% 14,074 $3.7M Reduce -12.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.22% 30,479 $3.7M Add +2.4%
NTRS Northern Trust Corp. 1.20% 41,284 $3.7M Add +0.2%
SCHD Schwab US DVD Equity ETF 1.13% 42,822 $3.5M Add +96.5%
RTX RTX Corp. 1.08% 33,876 $3.3M Add +1.7%
MDT Medtronic PLC 1.07% 37,367 $3.3M Add +11.2%
PFE Pfizer Inc. 1.04% 114,448 $3.2M Reduce -5.3%
PEP Pepsico Inc. 1.03% 17,888 $3.1M Add +4.3%
VYMI Vanguard Int High DVD YLD Inc. 1.02% 45,178 $3.1M Add +1.1%
XOM Exxon Mobil Corp. 1.01% 26,431 $3.1M Add +0.2%
VUG Vanguard Mrngstar GR ETF-Sui 1.01% 8,914 $3.1M Reduce -6.0%
AMGN Amgen Inc. 0.92% 9,889 $2.8M Add +0.6%
NVDA Nvidia Corp. 0.90% 3,056 $2.8M Add +56.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.90% 16,780 $2.7M Reduce -7.3%
ACN Accenture PLC Class A 0.88% 7,783 $2.7M Reduce -6.0%
TXN Texas Instruments Inc. 0.86% 15,125 $2.6M No change
KO The Coca-Cola Co. 0.82% 40,816 $2.5M Reduce -0.4%
DKS Dick's Sporting Goods Inc. 0.70% 9,500 $2.1M Reduce -13.6%
ITW Illinois Tool Works 0.70% 7,949 $2.1M Add +4.4%
JEPI JPMorgan Equity Premium Inco 0.70% 36,846 $2.1M Add +5.2%
AMZN Amazon.com Inc. 0.67% 11,416 $2.1M Add +3.5%
AXP American Express Co. 0.64% 8,582 $2.0M No change
CSW CSW Industrials Inc. 0.61% 8,000 $1.9M No change
ORCL Oracle Corp. 0.60% 14,676 $1.8M Add +3.0%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.59% 6,952 $1.8M Reduce -2.6%
UNH Unitedhealth Group Inc. 0.59% 3,611 $1.8M Add +0.6%
GD General Dynamics Corp. 0.58% 6,233 $1.8M Add +565.2%
COST Costco Wholesale Corp. 0.58% 2,397 $1.8M No change
ETX Eaton Vance Muni Inc. 2028 TM 0.54% 93,063 $1.7M Reduce -11.9%
VZ Verizon Communications Inc. 0.51% 37,434 $1.6M Reduce -21.4%
WFC Wells Fargo & Co. 0.51% 26,623 $1.5M Reduce -7.6%
BX Blackstone Inc. 0.49% 11,477 $1.5M No change
KKR KKR & Co. Inc. 0.47% 14,326 $1.4M Reduce -2.0%
DLR Digital Realty Trust Inc. 0.47% 9,955 $1.4M Add +0.0%
BXSL Blackstone Secured Lending F 0.45% 44,120 $1.4M Add +52.7%
NEE Nextera Energy Inc. 0.45% 21,457 $1.4M Add +2.6%
SCHF Schwab Intl Equity ETF 0.45% 34,983 $1.4M No change
HON Honeywell International Inc. 0.44% 6,474 $1.3M No change
CVX Chevron Corp. 0.43% 8,381 $1.3M Add +21.2%
MCD McDonald's Corp. 0.43% 4,684 $1.3M Add +3.9%
VRP Invesco Variable Rate Prefer 0.42% 54,526 $1.3M Reduce -19.8%
NZF Nuveen Municipal Credit Inc. 0.39% 96,911 $1.2M Reduce -8.5%
META Meta Platforms Inc. Class A 0.39% 2,428 $1.2M Add +1.4%
DHR Danaher Corp. 0.38% 4,663 $1.2M Add +0.1%
VIGI Vanguard Int Div App Indx FD 0.37% 14,000 $1.1M No change
ABT Abbott Laboratories 0.37% 9,874 $1.1M Add +0.5%
FITB Fifth Third Bancorp 0.35% 28,807 $1.1M Reduce -1.0%
MA Mastercard Inc. Class A 0.33% 2,123 $1.0M Add +0.1%
SCHW Schwab (charles) Corp. 0.33% 13,890 $1.0M Add +0.2%
VOO Vanguard S&P 500 ETF 0.33% 2,075 $997K Add +51.5%
BN Brookfield Corp. 0.32% 23,050 $965K No change
USRT iShares Core US REIT ETF 0.28% 15,807 $850K Reduce -33.3%
IVV iShares Core S&P 500 ETF 0.27% 1,589 $836K Add +14.9%
PM Philip Morris International 0.26% 8,696 $797K Add +1.0%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.26% 4,151 $797K Reduce -10.2%
DFAS Dimensional US Small Cap ETF 0.26% 12,729 $794K Add +183.5%
AMD Advanced Micro Devices 0.26% 4,355 $786K New
MMM 3M Co. 0.25% 7,135 $757K Add +15.8%
FDX FedEx Corp. 0.25% 2,582 $748K Reduce -16.2%
LMT Lockheed Martin Corp. 0.24% 1,625 $739K Add +20.8%
U Unity Software Inc. 0.24% 27,229 $727K No change
WM Waste Management Inc. 0.23% 3,245 $692K Add +3.8%
MCO Moody's Corp. 0.23% 1,757 $691K Add +1.9%
VB Vanguard Most SM-Cap ETF-Usd 0.23% 3,011 $688K Add +26.4%
SCHP Schwab U.S. Tips ETF 0.22% 13,067 $682K Reduce -6.1%
CAT Caterpillar Inc. 0.22% 1,810 $663K Add +2.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.22% 3,460 $661K Reduce -22.4%
SO The Southern Co. 0.22% 9,189 $659K Add +0.1%
MO Altria Group Inc. 0.21% 14,957 $652K Reduce -5.6%
EPD Enterprise Products Partners 0.21% 22,048 $643K No change
XPO Xpo Inc. 0.21% 5,137 $627K No change
CCI Crown Castle Inc. 0.20% 5,798 $614K Add +0.3%
STIP iShares 0-5 Year Tips Bond E 0.20% 6,100 $607K Reduce -7.6%
KMI Kinder Morgan Inc. 0.19% 31,411 $576K Reduce -3.3%
VEEV Veeva Systems Inc. Class A 0.18% 2,422 $561K No change
BMY Bristol-Myers Squibb Co. 0.18% 10,206 $553K Add +12.6%
SBUX Starbucks Corp. 0.18% 5,925 $541K No change
PFFV Global X Variable Rate Pref 0.17% 21,730 $515K Reduce -8.3%
MRSH Marsh & McLennan Cos 0.16% 2,431 $501K No change
TMO Thermo Fisher Scientific Inc. 0.15% 787 $457K Add +0.3%
PLTR Palantir Technologies Inc. Class A 0.15% 19,714 $454K Reduce -30.5%
NVS Novartis AG-Sponsored ADR 0.15% 4,624 $447K No change
ALL Allstate Corp. 0.14% 2,450 $424K Reduce -1.3%
UPS United Parcel Service Class B 0.13% 2,749 $409K Add +0.6%
NKE Nike Inc. Class B 0.13% 4,287 $403K Add +4.9%
ICE Intercontinental Exchange Inc. 0.13% 2,931 $403K No change
SRCE 1ST Source Corp. 0.13% 7,672 $402K No change
APH Amphenol Corp. Class A 0.13% 3,336 $385K No change
BLK BlackRock Finance Inc. 0.12% 446 $372K Add +5.9%
OKE Oneok Inc. 0.12% 4,597 $369K Add +4.5%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.11% 8,422 $343K Add +21.7%
SPG Simon Property Group Inc. 0.11% 2,178 $341K No change
APD Air Products & Chemicals Inc. 0.11% 1,364 $330K No change
ARCC Ares Capital Corp. 0.10% 15,000 $312K No change
T AT&T Inc. 0.10% 17,189 $303K Reduce -11.5%
GXO Gxo Logistics Inc. 0.10% 5,396 $290K No change
PYLD PIMCO Multisector Bond Actv 0.09% 11,027 $284K New
SDY SS SPDR S&P Dividend ETF 0.09% 2,128 $279K No change
CVS CVS Health Corp. 0.09% 3,450 $275K Reduce -51.5%
ELS Equity Lifestyle Properties 0.09% 4,250 $274K No change
MDLZ Mondelez International Inc. Class A 0.09% 3,764 $263K Add +1.4%
ISTB iShares Core 1-5 Year Usd Bo 0.09% 5,540 $263K No change
TEL Te Connectivity Ltd. 0.08% 1,699 $247K No change
AVGO Broadcom Inc. 0.08% 180 $239K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.08% 448 $234K No change
DFAI Dimensional International Co. 0.08% 7,707 $233K New
VTI VG Morningstar TS MKT ETF-US 0.07% 875 $227K Reduce -3.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 5,950 $226K New
AEP American Electric Power 0.07% 2,550 $220K Reduce -7.3%
SCHE Schwab Emrg Mrkts Eqty ETF 0.07% 8,622 $218K No change
ISRG Intuitive Surgical Inc. 0.07% 543 $217K New
VWO Vanguard Ftse Emerging Marke 0.07% 5,111 $213K Reduce -8.1%
NOC Northrop Grumman Corp. 0.07% 444 $212K New
MINT PIMCO Enhanced Short Maturit 0.07% 2,000 $201K New
DIVB iShares Core Dividend ETF 0.07% 4,500 $200K New
MIY BlackRock Muniyield Mi QLTY 0.06% 15,576 $179K Reduce -61.1%
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.05% 12,636 $140K No change
MMU Western Asset Managed Munici 0.04% 10,700 $112K No change

Portfolio Sells Q4 2023 → Q1 2024
DG Dollar General Corp. Sold out 0.00% −0.44
INTC Intel Corp. Reduce -0.9% 1.31% −0.33
HUM Humana Inc. Sold out 0.00% −0.31
BTT BlackRock 2030 Muni TRGT TRM Reduce -9.8% 1.23% −0.24
ILMN Illumina Inc. Sold out 0.00% −0.21
PFE Pfizer Inc. Reduce -5.3% 1.04% −0.20
JNJ Johnson & Johnson Reduce -0.4% 2.33% −0.20
USRT iShares Core US REIT ETF Reduce -33.3% 0.28% −0.18
CSCO Cisco Systems Inc. Reduce -0.1% 1.63% −0.17
GOOG Alphabet Inc. Class C Reduce -3.5% 3.63% −0.17
ACN Accenture PLC Class A Reduce -6.0% 0.88% −0.16
CL Colgate-Palmolive Co. Sold out 0.00% −0.15
CMCSA Comcast Corp. Class A Reduce 0.0% 1.35% −0.14
VRP Invesco Variable Rate Prefer Reduce -19.8% 0.42% −0.14
VZ Verizon Communications Inc. Reduce -21.4% 0.51% −0.13
ETX Eaton Vance Muni Inc. 2028 TM Reduce -11.9% 0.54% −0.11
CVS CVS Health Corp. Reduce -51.5% 0.09% −0.11
ADM Archer-Daniels-Midland Co. Sold out 0.00% −0.10
MIY BlackRock Muniyield Mi QLTY Reduce -61.1% 0.06% −0.10
VFL Abrdn National Municipal Inc. Sold out 0.00% −0.09
TSLA Tesla Inc. Sold out 0.00% −0.09
WEC WEC Energy Group Inc. Sold out 0.00% −0.07
VTV Vanguard Mrngstr Val ETF-Aui Reduce -7.3% 0.90% −0.07
XMUIX BlackRock Municipal Income Sold out 0.00% −0.07
NZF Nuveen Municipal Credit Inc. Reduce -8.5% 0.39% −0.06
VUG Vanguard Mrngstar GR ETF-Sui Reduce -6.0% 1.01% −0.05
KO The Coca-Cola Co. Reduce -0.4% 0.82% −0.05
IBM Intl Business Machines Corp. Reduce -22.4% 0.22% −0.04
SCHP Schwab U.S. Tips ETF Reduce -6.1% 0.22% −0.04
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -10.2% 0.26% −0.04
HD Home Depot Inc. Reduce -4.0% 1.31% −0.04
STIP iShares 0-5 Year Tips Bond E Reduce -7.6% 0.20% −0.03
FDX FedEx Corp. Reduce -16.2% 0.25% −0.03
PFFV Global X Variable Rate Pref Reduce -8.3% 0.17% −0.03
PLTR Palantir Technologies Inc. Class A Reduce -30.5% 0.15% −0.03
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -2.6% 0.59% −0.02
T AT&T Inc. Reduce -11.5% 0.10% −0.02
KMI Kinder Morgan Inc. Reduce -3.3% 0.19% −0.02
MO Altria Group Inc. Reduce -5.6% 0.21% −0.01
VWO Vanguard Ftse Emerging Marke Reduce -8.1% 0.07% −0.01
AEP American Electric Power Reduce -7.3% 0.07% −0.01
FITB Fifth Third Bancorp Reduce -1.0% 0.35% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -3.1% 0.07% −0.00
WFC Wells Fargo & Co. Reduce -7.6% 0.51% −0.00
PG The Procter & Gamble Co. Reduce -0.9% 2.27% +0.01
ALL Allstate Corp. Reduce -1.3% 0.14% +0.01
ABBV Abbvie Inc. Reduce -4.9% 1.63% +0.04
KKR KKR & Co. Inc. Reduce -2.0% 0.47% +0.04
WMT Walmart Inc. Reduce -1.2% 1.71% +0.06
MSFT Microsoft Corp. Reduce -1.1% 5.25% +0.07

Portfolio Buys Q4 2023 → Q1 2024
NVDA Nvidia Corp. Add +56.2% 0.90% +0.56
SCHD Schwab US DVD Equity ETF Add +96.5% 1.13% +0.54
GD General Dynamics Corp. Add +565.2% 0.58% +0.49
VIG Vanguard Dividend Apprec ETF Add +29.4% 1.72% +0.36
DIS The Walt Disney Co. Add +2.4% 1.22% +0.26
AMD Advanced Micro Devices New 0.26% +0.26
BXSL Blackstone Secured Lending F Add +52.7% 0.45% +0.16
DFAS Dimensional US Small Cap ETF Add +183.5% 0.26% +0.16
VOO Vanguard S&P 500 ETF Add +51.5% 0.33% +0.11
VYM Vanguard High DVD Yield ETF Add +7.9% 1.68% +0.11
PYLD PIMCO Multisector Bond Actv New 0.09% +0.09
META Meta Platforms Inc. Class A Add +1.4% 0.39% +0.08
RTX RTX Corp. Add +1.7% 1.08% +0.08
MDT Medtronic PLC Add +11.2% 1.07% +0.08
DFAI Dimensional International Co. New 0.08% +0.08
AMZN Amazon.com Inc. Add +3.5% 0.67% +0.08
BAC Bank of America Corp. New 0.07% +0.07
ISRG Intuitive Surgical Inc. New 0.07% +0.07
NOC Northrop Grumman Corp. New 0.07% +0.07
ORCL Oracle Corp. Add +3.0% 0.60% +0.07
MINT PIMCO Enhanced Short Maturit New 0.07% +0.07
DIVB iShares Core Dividend ETF New 0.07% +0.07
CVX Chevron Corp. Add +21.2% 0.43% +0.06
XOM Exxon Mobil Corp. Add +0.2% 1.01% +0.06
V Visa Inc. Class A Add +5.0% 1.52% +0.05
VB Vanguard Most SM-Cap ETF-Usd Add +26.4% 0.23% +0.04
IVV iShares Core S&P 500 ETF Add +14.9% 0.27% +0.04
CAT Caterpillar Inc. Add +2.8% 0.22% +0.03
WM Waste Management Inc. Add +3.8% 0.23% +0.03
LMT Lockheed Martin Corp. Add +20.8% 0.24% +0.02
SPYD SS SPDR P S&P 500 Hi Div ETF Add +21.7% 0.11% +0.02
BMY Bristol-Myers Squibb Co. Add +12.6% 0.18% +0.01
SCHB Schwab US Broad Market ETF Add +0.3% 1.84% +0.01
MA Mastercard Inc. Class A Add +0.1% 0.33% +0.01
OKE Oneok Inc. Add +4.5% 0.12% +0.01
JEPI JPMorgan Equity Premium Inco Add +5.2% 0.70% +0.01
MMM 3M Co. Add +15.8% 0.25% +0.01
TMO Thermo Fisher Scientific Inc. Add +0.3% 0.15% +0.00
BLK BlackRock Finance Inc. Add +5.9% 0.12% −0.00
DHR Danaher Corp. Add +0.1% 0.38% −0.00
NEE Nextera Energy Inc. Add +2.6% 0.45% −0.01
VT Vanguard Tot World STK ETF Add +1.3% 2.56% −0.01
DLR Digital Realty Trust Inc. Add +0.0% 0.47% −0.01
MDLZ Mondelez International Inc. Class A Add +1.4% 0.09% −0.01
SCHW Schwab (charles) Corp. Add +0.2% 0.33% −0.01
SO The Southern Co. Add +0.1% 0.22% −0.01
ITW Illinois Tool Works Add +4.4% 0.70% −0.01
MCO Moody's Corp. Add +1.9% 0.23% −0.01
PEP Pepsico Inc. Add +4.3% 1.03% −0.02
GOOGL Alphabet Inc. Class A Add +0.1% 1.72% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 169$404.6MAAPL, LLY, GOOG, VTI, MSFT
Q1 2026 156$355.2MAAPL, LLY, GOOG, MSFT, VTI
Q4 2025 155$373.1MAAPL, LLY, MSFT, GOOG, JPM
Q3 2025 153$360.5MAAPL, MSFT, LLY, GOOG, JPM
Q2 2025 152$344.1MMSFT, AAPL, LLY, JPM, GOOG
Q1 2025 149$332.0MLLY, AAPL, MSFT, BRK.B, GOOG
Q4 2024 150$330.9MAAPL, LLY, MSFT, GOOG, JPM
Q3 2024 150$329.2MLLY, AAPL, MSFT, GOOG, BRK.B
Q2 2024 146$314.1MLLY, AAPL, MSFT, GOOG, BRK.B
Q1 2024 141$305.2MLLY, AAPL, MSFT, GOOG, BRK.B