Walter & Keenan Wealth Management LLC /in/

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 15, 2024), Walter & Keenan Wealth Management LLC /in/ reported 146 stock positions worth $314.1 million. Its top holding was Eli Lilly (LLY) at 7.4% of the portfolio, followed by Apple (AAPL, 6.3%) and Microsoft (MSFT, 5.2%). Compared with Q1 2024, it opened 10 new positions, sold out of 5, added to 38 and reduced 67. The biggest buy was a new position in Dimensional US Target Value (DFAT) and the biggest sale Procter & Gamble (PG, shares −20%).

Most Recent 13F
Q2 2026
Location
SOUTH BEND, IN
CIK
0000752365
Portfolio Value
$314.1M (Q2 2024)
SEC Filing
0000752365-24-000003 ↗ filed Jul 15, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $305.2M Q1 2024 Q2 2024: $314.1M $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 146 stocks · $314.1M
LLY Eli Lilly & Co. 7.42% 25,746 $23.3M Reduce -0.6%
AAPL Apple Inc. 6.26% 93,307 $19.7M Reduce -1.4%
MSFT Microsoft Corp. 5.24% 36,838 $16.5M Reduce -3.4%
GOOG Alphabet Inc. Class C 4.17% 71,483 $13.1M Reduce -1.8%
BRK.B Berkshire Hathaway Inc. Class B 3.00% 23,196 $9.4M Reduce -0.6%
JPM JPMorgan Chase & Co. 2.96% 45,914 $9.3M Reduce -0.1%
VT Vanguard Tot World STK ETF 2.47% 68,931 $7.8M Reduce -2.5%
JNJ Johnson & Johnson 2.07% 44,437 $6.5M Reduce -1.1%
GOOGL Alphabet Inc. Class A 1.99% 34,246 $6.2M Reduce -1.6%
WMT Walmart Inc. 1.86% 86,351 $5.8M Reduce -0.3%
SCHB Schwab US Broad Market ETF 1.83% 91,534 $5.8M Reduce -0.3%
PG The Procter & Gamble Co. 1.80% 34,269 $5.7M Reduce -19.7%
BRK.A Berkshire Hathaway Inc. Class A 1.75% 9 $5.5M No change
VIG Vanguard Dividend Apprec ETF 1.75% 30,073 $5.5M Add +4.9%
VYM Vanguard High DVD Yield ETF 1.60% 42,486 $5.0M Add +0.3%
CSCO Cisco Systems Inc. 1.50% 99,412 $4.7M Reduce -0.3%
ABBV Abbvie Inc. 1.48% 27,012 $4.6M Reduce -1.0%
V Visa Inc. Class A 1.40% 16,742 $4.4M Add +0.9%
MRK Merck & Co. Inc. 1.34% 33,879 $4.2M Add +0.3%
NVDA Nvidia Corp. 1.19% 30,300 $3.7M Reduce -0.8%
CMCSA Comcast Corp. Class A 1.17% 93,516 $3.7M Reduce -1.7%
HD Home Depot Inc. 1.13% 10,318 $3.6M Reduce -1.1%
NTRS Northern Trust Corp. 1.13% 42,251 $3.5M Add +2.3%
RTX RTX Corp. 1.09% 33,999 $3.4M Add +0.4%
SCHD Schwab US DVD Equity ETF 1.07% 43,408 $3.4M Add +1.4%
VUG Vanguard Mrngstar GR ETF-Sui 1.06% 8,939 $3.3M Add +0.3%
BTT BlackRock 2030 Muni TRGT TRM 1.01% 153,203 $3.2M Reduce -13.9%
COIN Coinbase Global Inc. Class A 1.00% 14,074 $3.1M No change
AMGN Amgen Inc. 0.98% 9,857 $3.1M Reduce -0.3%
XOM Exxon Mobil Corp. 0.98% 26,674 $3.1M Add +0.9%
VYMI Vanguard Int High DVD YLD Inc. 0.97% 44,278 $3.0M Reduce -2.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.96% 30,475 $3.0M Reduce -0.0%
PEP Pepsico Inc. 0.95% 18,104 $3.0M Add +1.2%
PFE Pfizer Inc. 0.93% 104,284 $2.9M Reduce -8.9%
MDT Medtronic PLC 0.92% 36,642 $2.9M Reduce -1.9%
INTC Intel Corp. 0.88% 89,299 $2.8M Reduce -1.1%
TXN Texas Instruments Inc. 0.87% 13,986 $2.7M Reduce -7.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.86% 16,795 $2.7M Add +0.1%
KO The Coca-Cola Co. 0.81% 40,163 $2.6M Reduce -1.6%
JEPI JPMorgan Equity Premium Inco 0.81% 44,940 $2.5M Add +22.0%
ACN Accenture PLC Class A 0.75% 7,783 $2.4M No change
AMZN Amazon.com Inc. 0.70% 11,438 $2.2M Add +0.2%
DFAT Dimensional US Target Value 0.70% 42,219 $2.2M New
CSW CSW Industrials Inc. 0.68% 8,000 $2.1M No change
ORCL Oracle Corp. 0.66% 14,743 $2.1M Add +0.5%
COST Costco Wholesale Corp. 0.65% 2,397 $2.0M No change
AXP American Express Co. 0.63% 8,582 $2.0M No change
UNH Unitedhealth Group Inc. 0.59% 3,667 $1.9M Add +1.6%
GD General Dynamics Corp. 0.59% 6,380 $1.9M Add +2.4%
ITW Illinois Tool Works 0.59% 7,784 $1.8M Reduce -2.1%
NEE Nextera Energy Inc. 0.57% 25,190 $1.8M Add +17.4%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.55% 6,952 $1.7M No change
BXSL Blackstone Secured Lending F 0.55% 56,097 $1.7M Add +27.1%
DKS Dick's Sporting Goods Inc. 0.51% 7,500 $1.6M Reduce -21.1%
EMXC iShares MSCI Emr MRK Ex Chna 0.50% 26,407 $1.6M New
WFC Wells Fargo & Co. 0.49% 25,923 $1.5M Reduce -2.6%
ETX Eaton Vance Muni Inc. 2028 TM 0.48% 80,846 $1.5M Reduce -13.1%
KKR KKR & Co. Inc. 0.48% 14,326 $1.5M No change
DLR Digital Realty Trust Inc. 0.47% 9,634 $1.5M Reduce -3.2%
BX Blackstone Inc. 0.45% 11,307 $1.4M Reduce -1.5%
VZ Verizon Communications Inc. 0.44% 33,789 $1.4M Reduce -9.7%
HON Honeywell International Inc. 0.44% 6,474 $1.4M No change
SCHF Schwab Intl Equity ETF 0.43% 35,083 $1.3M Add +0.3%
CVX Chevron Corp. 0.42% 8,465 $1.3M Add +1.0%
VRP Invesco Variable Rate Prefer 0.41% 53,506 $1.3M Reduce -1.9%
MCD McDonald's Corp. 0.38% 4,674 $1.2M Reduce -0.2%
META Meta Platforms Inc. Class A 0.38% 2,346 $1.2M Reduce -3.4%
DHR Danaher Corp. 0.36% 4,570 $1.1M Reduce -2.0%
NZF Nuveen Municipal Credit Inc. 0.36% 90,345 $1.1M Reduce -6.8%
VIGI Vanguard Int Div App Indx FD 0.34% 13,200 $1.1M Reduce -5.7%
FITB Fifth Third Bancorp 0.33% 28,807 $1.1M No change
SCHW Schwab (charles) Corp. 0.33% 13,914 $1.0M Add +0.2%
VOO Vanguard S&P 500 ETF 0.32% 1,995 $998K Reduce -3.9%
ABT Abbott Laboratories 0.32% 9,593 $997K Reduce -2.9%
DFAS Dimensional US Small Cap ETF 0.31% 16,428 $987K Add +29.1%
SSNC Ss&c Technologies Holdings 0.30% 15,000 $940K New
MA Mastercard Inc. Class A 0.29% 2,063 $910K Reduce -2.8%
PM Philip Morris International 0.28% 8,644 $876K Reduce -0.6%
IVV iShares Core S&P 500 ETF 0.28% 1,590 $870K Add +0.1%
SO The Southern Co. 0.26% 10,699 $830K Add +16.4%
BN Brookfield Corp. 0.26% 19,550 $812K Reduce -15.2%
USRT iShares Core US REIT ETF 0.26% 15,006 $804K Reduce -5.1%
FDX FedEx Corp. 0.25% 2,582 $774K No change
LMT Lockheed Martin Corp. 0.24% 1,606 $750K Reduce -1.2%
MCO Moody's Corp. 0.23% 1,724 $726K Reduce -1.9%
MMM 3M Co. 0.23% 7,046 $720K Reduce -1.3%
WM Waste Management Inc. 0.22% 3,245 $692K No change
AEP American Electric Power 0.22% 7,741 $679K Add +203.6%
MO Altria Group Inc. 0.21% 14,673 $668K Reduce -1.9%
VB Vanguard Most SM-Cap ETF-Usd 0.21% 3,011 $657K No change
KMI Kinder Morgan Inc. 0.20% 32,116 $638K Add +2.2%
SCHP Schwab U.S. Tips ETF 0.20% 11,867 $617K Reduce -9.2%
EPD Enterprise Products Partners 0.19% 21,048 $610K Reduce -4.5%
STIP iShares 0-5 Year Tips Bond E 0.19% 6,125 $609K Add +0.4%
CAT Caterpillar Inc. 0.19% 1,797 $599K Reduce -0.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.19% 3,460 $598K No change
CCI Crown Castle Inc. 0.18% 5,795 $566K Reduce -0.1%
XPO Xpo Inc. 0.17% 5,137 $545K No change
PFFV Global X Variable Rate Pref 0.16% 21,730 $514K No change
MRSH Marsh & McLennan Cos 0.16% 2,401 $506K Reduce -1.2%
PLTR Palantir Technologies Inc. Class A 0.16% 19,352 $490K Reduce -1.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.15% 2,651 $484K Reduce -36.1%
SBUX Starbucks Corp. 0.14% 5,825 $453K Reduce -1.7%
APH Amphenol Corp. Class A 0.14% 6,688 $451K Add +0.2%
NVS Novartis AG-Sponsored ADR 0.14% 4,150 $442K Reduce -10.3%
U Unity Software Inc. 0.14% 27,168 $442K Reduce -0.2%
TMO Thermo Fisher Scientific Inc. 0.14% 788 $436K Add +0.1%
BMY Bristol-Myers Squibb Co. 0.13% 9,996 $415K Reduce -2.1%
SRCE 1ST Source Corp. 0.13% 7,672 $411K No change
ICE Intercontinental Exchange Inc. 0.13% 2,931 $401K No change
ALL Allstate Corp. 0.12% 2,450 $391K No change
OKE Oneok Inc. 0.12% 4,648 $379K Add +1.1%
UPS United Parcel Service Class B 0.12% 2,691 $368K Reduce -2.1%
VEEV Veeva Systems Inc. Class A 0.11% 1,932 $354K Reduce -20.2%
APD Air Products & Chemicals Inc. 0.11% 1,364 $352K No change
NKE Nike Inc. Class B 0.11% 4,555 $343K Add +6.3%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.11% 8,422 $339K No change
BLK BlackRock Finance Inc. 0.11% 427 $336K Reduce -4.3%
SPG Simon Property Group Inc. 0.11% 2,178 $331K No change
ARCC Ares Capital Corp. 0.10% 15,000 $313K No change
VTIP Vanguard Short-Term Tips 0.10% 6,234 $303K New
VTI VG Morningstar TS MKT ETF-US 0.10% 1,129 $302K Add +29.0%
T AT&T Inc. 0.09% 15,539 $297K Reduce -9.6%
DFIS Dimensional International SM 0.09% 11,966 $295K New
SDY SS SPDR S&P Dividend ETF 0.09% 2,273 $289K Add +6.8%
AVGO Broadcom Inc. 0.09% 180 $289K No change
DUK Duke Energy Corp. 0.09% 2,873 $288K New
PYLD PIMCO Multisector Bond Actv 0.09% 11,188 $287K Add +1.5%
GXO Gxo Logistics Inc. 0.09% 5,396 $272K No change
DFAI Dimensional International Co. 0.09% 9,156 $272K Add +18.8%
ISTB iShares Core 1-5 Year Usd Bo 0.08% 5,540 $262K No change
TEL Te Connectivity Ltd. 0.08% 1,699 $256K No change
GS Goldman Sachs Group Inc. 0.08% 556 $251K New
ELS Equity Lifestyle Properties 0.08% 3,825 $249K Reduce -10.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.08% 448 $244K No change
MDLZ Mondelez International Inc. Class A 0.08% 3,714 $243K Reduce -1.3%
ISRG Intuitive Surgical Inc. 0.08% 543 $242K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 5,855 $233K Reduce -1.6%
SCHE Schwab Emrg Mrkts Eqty ETF 0.07% 8,622 $229K No change
VWO Vanguard Ftse Emerging Marke 0.07% 5,112 $224K Add +0.0%
CL Colgate-Palmolive Co. 0.07% 2,197 $213K New
CSWC Capital Southwest Corp. 0.07% 8,000 $209K New
NOC Northrop Grumman Corp. 0.07% 473 $206K Add +6.5%
MINT PIMCO Enhanced Short Maturit 0.06% 2,000 $201K No change
USMV iShares MSCI USA Min Vol Fac 0.06% 2,385 $200K New
MIY BlackRock Muniyield Mi QLTY 0.06% 15,715 $180K Add +0.9%

Portfolio Sells Q1 2024 → Q2 2024
PG The Procter & Gamble Co. Reduce -19.7% 1.80% −0.47
INTC Intel Corp. Reduce -1.1% 0.88% −0.43
JNJ Johnson & Johnson Reduce -1.1% 2.07% −0.26
DIS The Walt Disney Co. Reduce -0.0% 0.96% −0.26
AMD Advanced Micro Devices Sold out 0.00% −0.26
BTT BlackRock 2030 Muni TRGT TRM Reduce -13.9% 1.01% −0.22
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.6% 3.00% −0.21
DKS Dick's Sporting Goods Inc. Reduce -21.1% 0.51% −0.19
CMCSA Comcast Corp. Class A Reduce -1.7% 1.17% −0.18
HD Home Depot Inc. Reduce -1.1% 1.13% −0.18
ABBV Abbvie Inc. Reduce -1.0% 1.48% −0.15
MDT Medtronic PLC Reduce -1.9% 0.92% −0.15
CSCO Cisco Systems Inc. Reduce -0.3% 1.50% −0.13
ITW Illinois Tool Works Reduce -2.1% 0.59% −0.11
PFE Pfizer Inc. Reduce -8.9% 0.93% −0.11
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -36.1% 0.15% −0.11
U Unity Software Inc. Reduce -0.2% 0.14% −0.10
CVS CVS Health Corp. Sold out 0.00% −0.09
VT Vanguard Tot World STK ETF Reduce -2.5% 2.47% −0.09
VEEV Veeva Systems Inc. Class A Reduce -20.2% 0.11% −0.07
VZ Verizon Communications Inc. Reduce -9.7% 0.44% −0.07
DIVB iShares Core Dividend ETF Sold out 0.00% −0.07
ETX Eaton Vance Muni Inc. 2028 TM Reduce -13.1% 0.48% −0.06
JPM JPMorgan Chase & Co. Reduce -0.1% 2.96% −0.06
BN Brookfield Corp. Reduce -15.2% 0.26% −0.06
MCD McDonald's Corp. Reduce -0.2% 0.38% −0.05
VYMI Vanguard Int High DVD YLD Inc. Reduce -2.0% 0.97% −0.05
ABT Abbott Laboratories Reduce -2.9% 0.32% −0.05
BMY Bristol-Myers Squibb Co. Reduce -2.1% 0.13% −0.05
BX Blackstone Inc. Reduce -1.5% 0.45% −0.05
XNEAX Nuveen Amt-FR QLTY Muni Inc. Sold out 0.00% −0.05
MA Mastercard Inc. Class A Reduce -2.8% 0.29% −0.05
MMU Western Asset Managed Munici Sold out 0.00% −0.04
NZF Nuveen Municipal Credit Inc. Reduce -6.8% 0.36% −0.03
SBUX Starbucks Corp. Reduce -1.7% 0.14% −0.03
VIGI Vanguard Int Div App Indx FD Reduce -5.7% 0.34% −0.03
SCHP Schwab U.S. Tips ETF Reduce -9.2% 0.20% −0.03
CAT Caterpillar Inc. Reduce -0.7% 0.19% −0.03
USRT iShares Core US REIT ETF Reduce -5.1% 0.26% −0.02
CCI Crown Castle Inc. Reduce -0.1% 0.18% −0.02
MMM 3M Co. Reduce -1.3% 0.23% −0.02
DHR Danaher Corp. Reduce -2.0% 0.36% −0.02
EPD Enterprise Products Partners Reduce -4.5% 0.19% −0.02
UPS United Parcel Service Class B Reduce -2.1% 0.12% −0.02
VRP Invesco Variable Rate Prefer Reduce -1.9% 0.41% −0.02
WFC Wells Fargo & Co. Reduce -2.6% 0.49% −0.02
BLK BlackRock Finance Inc. Reduce -4.3% 0.11% −0.01
MSFT Microsoft Corp. Reduce -3.4% 5.24% −0.01
ELS Equity Lifestyle Properties Reduce -10.0% 0.08% −0.01
META Meta Platforms Inc. Class A Reduce -3.4% 0.38% −0.01

Portfolio Buys Q1 2024 → Q2 2024
DFAT Dimensional US Target Value New 0.70% +0.70
EMXC iShares MSCI Emr MRK Ex Chna New 0.50% +0.50
SSNC Ss&c Technologies Holdings New 0.30% +0.30
AEP American Electric Power Add +203.6% 0.22% +0.14
NEE Nextera Energy Inc. Add +17.4% 0.57% +0.12
JEPI JPMorgan Equity Premium Inco Add +22.0% 0.81% +0.11
BXSL Blackstone Secured Lending F Add +27.1% 0.55% +0.10
VTIP Vanguard Short-Term Tips New 0.10% +0.10
DFIS Dimensional International SM New 0.09% +0.09
DUK Duke Energy Corp. New 0.09% +0.09
GS Goldman Sachs Group Inc. New 0.08% +0.08
CL Colgate-Palmolive Co. New 0.07% +0.07
CSWC Capital Southwest Corp. New 0.07% +0.07
USMV iShares MSCI USA Min Vol Fac New 0.06% +0.06
VUG Vanguard Mrngstar GR ETF-Sui Add +0.3% 1.06% +0.06
ORCL Oracle Corp. Add +0.5% 0.66% +0.06
DFAS Dimensional US Small Cap ETF Add +29.1% 0.31% +0.05
SO The Southern Co. Add +16.4% 0.26% +0.05
VIG Vanguard Dividend Apprec ETF Add +4.9% 1.75% +0.03
AMZN Amazon.com Inc. Add +0.2% 0.70% +0.03
VTI VG Morningstar TS MKT ETF-US Add +29.0% 0.10% +0.02
APH Amphenol Corp. Class A Add +0.2% 0.14% +0.02
KMI Kinder Morgan Inc. Add +2.2% 0.20% +0.01
GD General Dynamics Corp. Add +2.4% 0.59% +0.01
DFAI Dimensional International Co. Add +18.8% 0.09% +0.01
UNH Unitedhealth Group Inc. Add +1.6% 0.59% +0.01
RTX RTX Corp. Add +0.4% 1.09% +0.00
IVV iShares Core S&P 500 ETF Add +0.1% 0.28% +0.00
VWO Vanguard Ftse Emerging Marke Add +0.0% 0.07% +0.00
SDY SS SPDR S&P Dividend ETF Add +6.8% 0.09% +0.00
OKE Oneok Inc. Add +1.1% 0.12% −0.00
MIY BlackRock Muniyield Mi QLTY Add +0.9% 0.06% −0.00
PYLD PIMCO Multisector Bond Actv Add +1.5% 0.09% −0.00
SCHW Schwab (charles) Corp. Add +0.2% 0.33% −0.00
NOC Northrop Grumman Corp. Add +6.5% 0.07% −0.00
STIP iShares 0-5 Year Tips Bond E Add +0.4% 0.19% −0.00
TMO Thermo Fisher Scientific Inc. Add +0.1% 0.14% −0.01
CVX Chevron Corp. Add +1.0% 0.42% −0.01
SCHF Schwab Intl Equity ETF Add +0.3% 0.43% −0.02
NKE Nike Inc. Class B Add +6.3% 0.11% −0.02
XOM Exxon Mobil Corp. Add +0.9% 0.98% −0.03
VTV Vanguard Mrngstr Val ETF-Aui Add +0.1% 0.86% −0.04
SCHD Schwab US DVD Equity ETF Add +1.4% 1.07% −0.06
NTRS Northern Trust Corp. Add +2.3% 1.13% −0.07
VYM Vanguard High DVD Yield ETF Add +0.3% 1.60% −0.07
PEP Pepsico Inc. Add +1.2% 0.95% −0.08
V Visa Inc. Class A Add +0.9% 1.40% −0.12
MRK Merck & Co. Inc. Add +0.3% 1.34% −0.12

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