Walter & Keenan Wealth Management LLC /in/
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Walter & Keenan Wealth Management LLC /in/ reported 155 stock positions worth $373.1 million. Its top holding was Apple (AAPL) at 6.5% of the portfolio, followed by Eli Lilly (LLY, 6.2%) and Microsoft (MSFT, 4.9%). Compared with Q3 2025, it opened 5 new positions, sold out of 3, added to 73 and reduced 66. The biggest buy was Alphabet Class A (GOOGL, shares +0%) and the biggest sale Coinbase Global Class A (COIN, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- SOUTH BEND, IN
- CIK
- 0000752365
- Portfolio Value
- $373.1M (Q4 2025)
- SEC Filing
- 0000752365-26-000001 ↗ filed Feb 11, 2026
Holdings Value
Holdings 155 stocks · $373.1M
| AAPL Apple Inc. | 6.53% | 89,630 | $24.4M | Reduce -1.6% |
| LLY Eli Lilly & Co. | 6.24% | 21,651 | $23.3M | Reduce -3.9% |
| MSFT Microsoft Corp. | 4.95% | 38,164 | $18.5M | Reduce -1.0% |
| GOOG Alphabet Inc. Class C | 4.85% | 57,682 | $18.1M | Reduce -6.4% |
| JPM JPMorgan Chase & Co. | 3.37% | 39,003 | $12.6M | Reduce -2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.30% | 24,520 | $12.3M | Add +3.3% |
| VTI VG Morningstar TS MKT ETF-US | 3.21% | 35,754 | $12.0M | Add +16.1% |
| GOOGL Alphabet Inc. Class A | 2.57% | 30,629 | $9.6M | Add +0.3% |
| VIG Vanguard Dividend Apprec ETF | 2.56% | 43,504 | $9.6M | Add +4.6% |
| WMT Walmart Inc. | 2.49% | 83,534 | $9.3M | Reduce -2.7% |
| SCHB Schwab US Broad Market ETF | 2.37% | 337,829 | $8.9M | Add +1.9% |
| VT Vanguard Tot World STK ETF | 2.19% | 57,826 | $8.2M | Add +6.5% |
| CSCO Cisco Systems Inc. | 1.93% | 93,520 | $7.2M | Add +0.1% |
| JNJ Johnson & Johnson | 1.92% | 34,536 | $7.1M | Reduce -0.6% |
| V Visa Inc. Class A | 1.78% | 18,955 | $6.6M | Reduce -0.9% |
| NVDA Nvidia Corp. | 1.66% | 33,208 | $6.2M | Add +1.8% |
| VOO Vanguard S&P 500 ETF | 1.64% | 9,781 | $6.1M | Add +0.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.62% | 8 | $6.0M | No change |
| ABBV Abbvie Inc. | 1.51% | 24,687 | $5.6M | Add +0.1% |
| VYM Vanguard High DVD Yield ETF | 1.50% | 39,059 | $5.6M | Reduce -0.3% |
| RTX RTX Corp. | 1.34% | 27,206 | $5.0M | Add +0.1% |
| NTRS Northern Trust Corp. | 1.27% | 34,792 | $4.8M | Add +0.0% |
| PG The Procter & Gamble Co. | 1.18% | 30,755 | $4.4M | Add +0.7% |
| DFAT Dimensional US Target Value | 1.07% | 67,299 | $4.0M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 1.06% | 17,158 | $4.0M | Add +1.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.95% | 7,269 | $3.5M | Reduce -10.0% |
| PLTR Palantir Technologies Inc. Class A | 0.94% | 19,831 | $3.5M | Reduce -0.4% |
| AMGN Amgen Inc. | 0.88% | 9,993 | $3.3M | Add +0.1% |
| JEPI JPMorgan Equity Premium Inco | 0.84% | 54,956 | $3.1M | Reduce -8.2% |
| XOM Exxon Mobil Corp. | 0.84% | 26,046 | $3.1M | Add +2.2% |
| HD Home Depot Inc. | 0.84% | 9,083 | $3.1M | Reduce -6.5% |
| MRK Merck & Co. Inc. | 0.83% | 29,403 | $3.1M | Reduce -1.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.82% | 15,992 | $3.1M | Reduce -2.1% |
| ORCL Oracle Corp. | 0.82% | 15,639 | $3.0M | Reduce -0.5% |
| AXP American Express Co. | 0.76% | 7,642 | $2.8M | Add +1.8% |
| KO The Coca-Cola Co. | 0.73% | 39,153 | $2.7M | Add +1.8% |
| IQLT iShares MSCI International Q | 0.71% | 58,233 | $2.6M | No change |
| WFC Wells Fargo & Co. | 0.69% | 27,820 | $2.6M | Add +1.6% |
| MDT Medtronic PLC | 0.64% | 24,922 | $2.4M | Reduce -2.0% |
| CSW CSW Industrials Inc. | 0.63% | 8,015 | $2.4M | Add +0.2% |
| DFAS Dimensional US Small Cap ETF | 0.63% | 33,485 | $2.3M | Add +0.1% |
| SCHD Schwab US DVD Equity ETF | 0.62% | 83,988 | $2.3M | Reduce -18.8% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.60% | 24,981 | $2.2M | Reduce -0.5% |
| TXN Texas Instruments Inc. | 0.60% | 12,928 | $2.2M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.59% | 2,573 | $2.2M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 0.59% | 3,321 | $2.2M | Reduce -2.4% |
| SCHF Schwab Intl Equity ETF | 0.54% | 84,349 | $2.0M | Add +2.8% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.52% | 26,835 | $2.0M | Add +0.3% |
| BTT BlackRock 2030 Muni TRGT TRM | 0.52% | 85,341 | $1.9M | Add +0.0% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.51% | 6,326 | $1.9M | Add +0.1% |
| PEP Pepsico Inc. | 0.49% | 12,690 | $1.8M | Reduce -22.4% |
| KKR KKR & Co. Inc. | 0.47% | 13,785 | $1.8M | Add +0.1% |
| NEE Nextera Energy Inc. | 0.46% | 21,507 | $1.7M | Add +0.3% |
| BX Blackstone Inc. | 0.45% | 10,829 | $1.7M | Add +0.3% |
| AVGO Broadcom Inc. | 0.40% | 4,359 | $1.5M | Add +2.0% |
| SCHW Schwab (charles) Corp. | 0.39% | 14,559 | $1.5M | Add +0.8% |
| DFAI Dimensional International Co. | 0.38% | 37,006 | $1.4M | Add +43.4% |
| MA Mastercard Inc. Class A | 0.37% | 2,434 | $1.4M | Reduce -4.4% |
| BN Brookfield Corp. | 0.36% | 29,190 | $1.3M | No change |
| ITW Illinois Tool Works | 0.36% | 5,404 | $1.3M | Reduce -6.1% |
| ACN Accenture PLC Class A | 0.34% | 4,758 | $1.3M | Reduce -41.9% |
| COIN Coinbase Global Inc. Class A | 0.31% | 5,193 | $1.2M | Reduce -54.1% |
| MCD McDonald's Corp. | 0.31% | 3,818 | $1.2M | Reduce -2.1% |
| CAT Caterpillar Inc. | 0.31% | 2,025 | $1.2M | Add +1.3% |
| APH Amphenol Corp. Class A | 0.30% | 8,201 | $1.1M | Reduce -0.0% |
| VIGI Vanguard Int Div App Indx FD | 0.30% | 12,040 | $1.1M | No change |
| DHR Danaher Corp. | 0.29% | 4,665 | $1.1M | Add +2.2% |
| USRT iShares Core US REIT ETF | 0.27% | 17,918 | $1.0M | Add +0.5% |
| TSLA Tesla Inc. | 0.27% | 2,252 | $1.0M | Add +4.2% |
| AEP American Electric Power | 0.27% | 8,669 | $1000K | Add +8.1% |
| MMM 3M Co. | 0.26% | 6,094 | $976K | Add +0.8% |
| MCO Moody's Corp. | 0.26% | 1,890 | $966K | Reduce -0.3% |
| SO The Southern Co. | 0.25% | 10,832 | $945K | Reduce -1.1% |
| ABT Abbott Laboratories | 0.25% | 7,516 | $942K | Reduce -4.1% |
| IVV iShares Core S&P 500 ETF | 0.25% | 1,372 | $940K | Add +0.2% |
| PM Philip Morris International | 0.25% | 5,777 | $927K | Reduce -0.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 2,927 | $867K | Add +1.8% |
| KMI Kinder Morgan Inc. | 0.22% | 29,884 | $822K | Reduce -2.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.22% | 7,102 | $808K | Reduce -8.3% |
| CVX Chevron Corp. | 0.22% | 5,277 | $804K | Reduce -2.8% |
| FITB Fifth Third Bancorp | 0.20% | 15,954 | $747K | Reduce -0.8% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.20% | 9,857 | $744K | New |
| MO Altria Group Inc. | 0.20% | 12,892 | $743K | Reduce -3.7% |
| LMT Lockheed Martin Corp. | 0.20% | 1,515 | $733K | Add +4.7% |
| SRCE 1ST Source Corp. | 0.19% | 11,554 | $722K | No change |
| PYLD PIMCO Multisector Bond Actv | 0.19% | 26,747 | $714K | Add +2.6% |
| XPO Xpo Inc. | 0.19% | 5,219 | $709K | Add +0.5% |
| CB Chubb Ltd. | 0.19% | 2,258 | $705K | Reduce -0.7% |
| DKS Dick's Sporting Goods Inc. | 0.19% | 3,533 | $699K | Add +0.6% |
| VZ Verizon Communications Inc. | 0.18% | 16,711 | $681K | Reduce -22.5% |
| BXSL Blackstone Secured Lending F | 0.18% | 25,632 | $675K | Add +1.8% |
| DLR Digital Realty Trust Inc. | 0.18% | 4,312 | $667K | Reduce -3.9% |
| PFE Pfizer Inc. | 0.17% | 25,946 | $646K | Reduce -24.9% |
| SSNC Ss&c Technologies Holdings | 0.17% | 7,079 | $619K | Reduce -53.1% |
| ETX Eaton Vance Muni Inc. 2028 TM | 0.16% | 32,775 | $613K | No change |
| GD General Dynamics Corp. | 0.16% | 1,808 | $609K | Add +6.2% |
| GS Goldman Sachs Group Inc. | 0.16% | 691 | $607K | Add +9.7% |
| BLK BlackRock Inc. | 0.14% | 500 | $535K | Add +0.8% |
| TMO Thermo Fisher Scientific Inc. | 0.14% | 923 | $535K | Add +0.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.14% | 2,034 | $525K | Reduce -10.6% |
Portfolio Sells Q3 2025 → Q4 2025
| COIN Coinbase Global Inc. Class A | Reduce -54.1% | 0.31% | −0.75 |
| MSFT Microsoft Corp. | Reduce -1.0% | 4.95% | −0.59 |
| ORCL Oracle Corp. | Reduce -0.5% | 0.82% | −0.41 |
| HD Home Depot Inc. | Reduce -6.5% | 0.84% | −0.25 |
| ACN Accenture PLC Class A | Reduce -41.9% | 0.34% | −0.22 |
| SSNC Ss&c Technologies Holdings | Reduce -53.1% | 0.17% | −0.21 |
| SCHD Schwab US DVD Equity ETF | Reduce -18.8% | 0.62% | −0.17 |
| PEP Pepsico Inc. | Reduce -22.4% | 0.49% | −0.15 |
| SCHP Schwab U.S. Tips ETF | Reduce -60.6% | 0.08% | −0.14 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -10.0% | 0.95% | −0.12 |
| CMCSA Comcast Corp. Class A | Reduce -44.6% | 0.13% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -2.2% | 3.37% | −0.12 |
| META Meta Platforms Inc. Class A | Reduce -2.4% | 0.59% | −0.11 |
| JEPI JPMorgan Equity Premium Inco | Reduce -8.2% | 0.84% | −0.11 |
| VZ Verizon Communications Inc. | Reduce -22.5% | 0.18% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -0.8% | 0.59% | −0.07 |
| PFE Pfizer Inc. | Reduce -24.9% | 0.17% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -1.9% | 0.60% | −0.07 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.06 |
| PLTR Palantir Technologies Inc. Class A | Reduce -0.4% | 0.94% | −0.06 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.06 |
| ITW Illinois Tool Works | Reduce -6.1% | 0.36% | −0.06 |
| LIN Linde PLC | Sold out | 0.00% | −0.06 |
| MO Altria Group Inc. | Reduce -3.7% | 0.20% | −0.05 |
| VEEV Veeva Systems Inc. Class A | Reduce -1.1% | 0.12% | −0.05 |
| ABT Abbott Laboratories | Reduce -4.1% | 0.25% | −0.04 |
| DLR Digital Realty Trust Inc. | Reduce -3.9% | 0.18% | −0.04 |
| SO The Southern Co. | Reduce -1.1% | 0.25% | −0.03 |
| V Visa Inc. Class A | Reduce -0.9% | 1.78% | −0.03 |
| MDT Medtronic PLC | Reduce -2.0% | 0.64% | −0.03 |
| VYM Vanguard High DVD Yield ETF | Reduce -0.3% | 1.50% | −0.03 |
| DIS The Walt Disney Co. | Reduce -8.3% | 0.22% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -4.4% | 0.37% | −0.03 |
| T AT&T Inc. | Reduce -6.8% | 0.11% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.1% | 0.82% | −0.03 |
| NFLX Netflix Inc. | Reduce -1.7% | 0.07% | −0.03 |
| VRP Invesco Variable Rate Prefer | Reduce -11.6% | 0.13% | −0.02 |
| DFAT Dimensional US Target Value | Reduce -0.7% | 1.07% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -10.6% | 0.14% | −0.02 |
| KMI Kinder Morgan Inc. | Reduce -2.2% | 0.22% | −0.02 |
| CVX Chevron Corp. | Reduce -2.8% | 0.22% | −0.02 |
| NZF Nuveen Municipal Credit Inc. | Reduce -9.2% | 0.12% | −0.02 |
| DUK Duke Energy Corp. | Reduce -6.2% | 0.10% | −0.02 |
| UBER Uber Technologies Inc. | Reduce -4.8% | 0.05% | −0.02 |
| MCD McDonald's Corp. | Reduce -2.1% | 0.31% | −0.02 |
| CVS CVS Health Corp. | Reduce -19.7% | 0.07% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -1.1% | 0.11% | −0.01 |
| APD Air Products & Chemicals Inc. | Reduce -0.5% | 0.09% | −0.01 |
| PM Philip Morris International | Reduce -0.8% | 0.25% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -2.0% | 0.10% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +0.3% | 2.57% | +0.51 |
| VTI VG Morningstar TS MKT ETF-US | Add +16.1% | 3.21% | +0.41 |
| VBIL Vanguard 0-3M T-Bill ETF | New | 0.20% | +0.20 |
| CSCO Cisco Systems Inc. | Add +0.1% | 1.93% | +0.16 |
| DFAI Dimensional International Co. | Add +43.4% | 0.38% | +0.12 |
| VT Vanguard Tot World STK ETF | Add +6.5% | 2.19% | +0.11 |
| AMGN Amgen Inc. | Add +0.1% | 0.88% | +0.10 |
| CSW CSW Industrials Inc. | Add +0.2% | 0.63% | +0.09 |
| RTX RTX Corp. | Add +0.1% | 1.34% | +0.08 |
| VIG Vanguard Dividend Apprec ETF | Add +4.6% | 2.56% | +0.07 |
| ETN Eaton Corp. PLC | New | 0.07% | +0.07 |
| AMAT Applied Materials Inc. | New | 0.07% | +0.07 |
| AXP American Express Co. | Add +1.8% | 0.76% | +0.07 |
| MU Micron Technology Inc. | New | 0.06% | +0.06 |
| WFC Wells Fargo & Co. | Add +1.6% | 0.69% | +0.06 |
| CL Colgate-Palmolive Co. | New | 0.06% | +0.06 |
| CAT Caterpillar Inc. | Add +1.3% | 0.31% | +0.05 |
| XOM Exxon Mobil Corp. | Add +2.2% | 0.84% | +0.04 |
| DHR Danaher Corp. | Add +2.2% | 0.29% | +0.04 |
| AMZN Amazon.com Inc. | Add +1.7% | 1.06% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +10.7% | 0.11% | +0.03 |
| KO The Coca-Cola Co. | Add +1.8% | 0.73% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +9.7% | 0.16% | +0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +0.3% | 0.52% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +0.4% | 0.14% | +0.02 |
| AEP American Electric Power | Add +8.1% | 0.27% | +0.02 |
| AMD Advanced Micro Devices | Add +0.1% | 0.07% | +0.02 |
| CMI Cummins Inc. | Add +5.7% | 0.08% | +0.02 |
| WM Waste Management Inc. | Add +17.0% | 0.14% | +0.02 |
| NEE Nextera Energy Inc. | Add +0.3% | 0.46% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +2.8% | 0.54% | +0.01 |
| AVGO Broadcom Inc. | Add +2.0% | 0.40% | +0.01 |
| HELO JPMorgan Hedged Equity ETF | Add +16.6% | 0.10% | +0.01 |
| SCHB Schwab US Broad Market ETF | Add +1.9% | 2.37% | +0.01 |
| QXO Qxo Inc. | Add +15.1% | 0.10% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +20.6% | 0.07% | +0.01 |
| BAC Bank of America Corp. | Add +3.3% | 0.13% | +0.01 |
| U Unity Software Inc. | Add +0.3% | 0.12% | +0.01 |
| INTC Intel Corp. | Add +1.1% | 0.11% | +0.01 |
| DFAE Dimensional Emerging Core Eq | Add +5.7% | 0.14% | +0.01 |
| IBM Intl Business Machines Corp. | Add +1.8% | 0.23% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +0.8% | 0.39% | +0.01 |
| NVS Novartis AG-Sponsored ADR | Add +2.0% | 0.10% | +0.01 |
| TSLA Tesla Inc. | Add +4.2% | 0.27% | +0.00 |
| GE General Electric | Add +7.1% | 0.08% | +0.00 |
| XPO Xpo Inc. | Add +0.5% | 0.19% | +0.00 |
| GD General Dynamics Corp. | Add +6.2% | 0.16% | +0.00 |
| WELL Welltower Inc. | Add +1.1% | 0.10% | +0.00 |
| EMR Emerson Electric Co. | Add +4.4% | 0.08% | +0.00 |
| MMM 3M Co. | Add +0.8% | 0.26% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 169 | $404.6M | AAPL, LLY, GOOG, VTI, MSFT |
| Q1 2026 | 156 | $355.2M | AAPL, LLY, GOOG, MSFT, VTI |
| Q4 2025 | 155 | $373.1M | AAPL, LLY, MSFT, GOOG, JPM |
| Q3 2025 | 153 | $360.5M | AAPL, MSFT, LLY, GOOG, JPM |
| Q2 2025 | 152 | $344.1M | MSFT, AAPL, LLY, JPM, GOOG |
| Q1 2025 | 149 | $332.0M | LLY, AAPL, MSFT, BRK.B, GOOG |
| Q4 2024 | 150 | $330.9M | AAPL, LLY, MSFT, GOOG, JPM |
| Q3 2024 | 150 | $329.2M | LLY, AAPL, MSFT, GOOG, BRK.B |
| Q2 2024 | 146 | $314.1M | LLY, AAPL, MSFT, GOOG, BRK.B |
| Q1 2024 | 141 | $305.2M | LLY, AAPL, MSFT, GOOG, BRK.B |