KEB ASSET MANAGEMENT, LLC

Registered adviser

CIK

1903035

Location

SPRINGFIELD, IL

Portfolio Value

Small $617,814,260

Diversification

Highly concentrated

Files via

AQR CAPITAL MANAGEMENT LLC

Filing Date

Global Rank

#3,391 / 8,819 ▲ 90

Top Industry

Discount Stores 32.7%

Period ended 4 months ago

Filed Jul 14, 2026 · 4mo

19 quarters · since Dec 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 117935

Roster of Oct 1, 2026

Regulatory AUM

$1,274,488,757

Main clients

Individuals and high net worth (98% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Feb 2026 to Oct 2026	$1,274,488,757	Individuals and high net worth (98%)
Feb 2025 to Jan 2026	$1,058,282,823	Individuals and high net worth (97%)
Apr 2024 to Jan 2025	$933,424,220	Individuals and high net worth (97%)
May 2023 to Mar 2024	$799,315,826	Individuals and high net worth (96%)
Feb 2023 to Apr 2023	$799,315,826	Individuals and high net worth (96%)
Apr 2022 to Jan 2023	$842,348,798	Individuals and high net worth (96%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 95.1% of the book (60%+)

Turnover

Low turnover

2.5% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 16.0 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 89.8%; sector active share 79.2% against the combined 13F book's sector weights.

Over time 19 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

137 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

64.4%

−0.5 pts

Top 5

91.4%

−0.1 pts

Top 10

95.1%

−0.2 pts

HHI

4,451

Highly concentrated−34

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	92.1%	$569,101,023	56
Consumer Defensive	2.6%	$16,217,699	4
Technology	1.5%	$9,301,599	16
Industrials	1.0%	$6,058,078	15
Communication Services	0.8%	$5,140,144	6
Financial Services	0.6%	$3,958,267	14
Healthcare	0.4%	$2,724,052	7
Energy	0.4%	$2,201,557	6
Utilities	0.3%	$2,058,281	6
Consumer Cyclical	0.2%	$950,291	6
Basic Materials	0.0%	$103,269	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
DFAC	Dimensional U.S. Core Equity 2 ETF	+204,313	2,393,443	$106,173,131
AVUV	Avantis U.S. Small Cap Value ETF	+78,904	507,078	$63,263,051
DFIV	Dimensional International Value ETF	+63,578	950,337	$51,337,204
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	+59,543	649,273	$26,386,454
DFIC	Dimensional International Core Equity 2 ETF	+54,141	276,426	$10,299,632
DFUV	Dimensional U.S. Marketwide Value ETF	+51,184	900,330	$49,527,153
AVDV	Avantis International Small Cap Value ETF	+35,758	200,844	$20,696,974
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	+26,516	95,960	$5,659,720
DFGR	Dimensional Global Real Estate ETF	+21,922	123,494	$3,577,621
DUHP	Dimensional US High Profitability ETF	+11,480	67,839	$2,830,921
DFCF	Dimensional Core Fixed Income ETF	+8,496	35,192	$1,485,454
AVEM	Avantis Emerging Markets Equity ETF	+6,786	33,273	$3,210,511
AVLV	Avantis U.S. Large Cap Value ETF	+6,035	39,856	$3,635,265
MGK	VANGUARD MEGA CAP GROWTH INDEX FUND	+4,940	6,175	$542,844
DFAW	Dimensional World Equity ETF	+3,489	8,267	$684,424
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+3,489	3,988	$476,645
DFAU	Dimensional US Core Equity Market ETF	+3,217	139,068	$7,188,424
DIHP	Dimensional International High Profitability ETF	+3,139	60,315	$2,058,249
DFLV	Dimensional US Large Cap Value ETF	+2,943	13,879	$548,775
DFAI	Dimensional International Core Equity Market ETF	+2,506	180,153	$7,431,311
DFAS	Dimensional U.S. Small Cap ETF	+1,994	120,162	$9,894,139
AVDE	Avantis International Equity ETF	+1,036	5,071	$452,333
ABBV	AbbVie Inc.	+752	2,146	$540,019
DFNM	Dimensional National Municipal Bond ETF	+634	20,491	$990,432
DFUS	Dimensional U.S. Equity Market ETF	+487	320,184	$26,235,876
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BSVO	EA Bridgeway Omni Small-Cap Value ETF	−14,208	1,602,242	$46,769,443
DFAE	Dimensional Emerging Core Equity Market ETF	−9,118	193,157	$7,766,842
DFSD	Dimensional Short-Duration Fixed Income ETF	−7,573	32,057	$1,530,721
DFAT	Dimensional U.S. Targeted Value ETF	−2,631	685,036	$47,884,016
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	−2,305	108,084	$3,981,814
DFSV	Dimensional US Small Cap Value ETF	−1,008	341,522	$13,247,638
DISV	Dimensional International Small Cap Value ETF	−787	425,660	$17,081,735
IBM	International Business Machines Corp	−352	1,658	$466,246
AAPL	Apple Inc.	−349	13,233	$3,829,100
VB	Vanguard Index Funds	−336	1,849	$560,468
NFLX	Netflix Inc	−224	3,084	$220,197
AMZN	Amazon Com Inc	−114	2,712	$646,378
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	−104	4,374	$1,062,838
AEE	Ameren Corp	−92	12,107	$1,368,575
XOM	ExxonMobil Holdings Corp	−89	12,388	$1,693,687
USB	US Bancorp De	−83	5,088	$307,315
MA	Mastercard Inc	−60	1,254	$644,054
IEFA	iShares Core MSCI EAFE ETF	−58	6,876	$664,084
GE	General Electric Co	−45	1,629	$608,806
MU	Micron Technology Inc	−44	916	$1,057,329
WMT	Walmart Inc.	−25	140,617	$15,926,281
SO	Southern Co	−23	3,604	$344,938
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−23	12,898	$4,772,775
HEI-A	Heico Corp	−17	1,752	$451,858
NEE	Nextera Energy Inc	−16	3,924	$344,409
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
RTX	RTX Corp	1,540	$292,184
SOXX	iShares Semiconductor ETF	369	$236,440
TSM	Taiwan Semiconductor Manufacturing Co Ltd	484	$231,143
CSCO	Cisco Systems, Inc.	1,931	$226,815
AMAT	Applied Materials Inc	299	$216,177
VRT	Vertiv Holdings Co	553	$185,155
LRCX	Lam Research Corp	386	$167,265
INTC	Intel Corp	1,080	$150,800
ITW	Illinois Tool Works Inc	453	$122,522
JBL	Jabil Inc	296	$114,102
LIN	Linde PLC	199	$103,269
LMT	Lockheed Martin Corp	177	$90,174
SCHW	Schwab Charles Corp	917	$84,611
CVX	Chevron Corp	506	$83,874
WFC	Wells Fargo & Company	508	$41,981
PEP	Pepsico Inc	308	$41,703
PSX	Phillips 66	214	$36,176
BMY	Bristol Myers Squibb Co	600	$34,572
CCL	Carnival Corp Ltd.	1,000	$28,570
C	Citigroup Inc	191	$26,732
PFE	Pfizer Inc	1,084	$26,102
HD	Home Depot, Inc.	61	$21,513
OXY	Occidental Petroleum Corp	434	$21,079
TTWO	Take Two Interactive Software Inc	84	$20,998
CL	Colgate Palmolive Co	211	$19,344
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
MO	Altria Group, Inc.	4,143	$273,396
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

137 tracked positions · $617,814,260 total · filing declares 137 positions · $617,813,988 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 137 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
DFAC	Dimensional U.S. Core Equity 2 ETF	Added	2,393,443	+204,313	$106,173,131	+24.8%	19	before history	17.19%
AVUV	Avantis U.S. Small Cap Value ETF	Added	507,078	+78,904	$63,263,051	+33.7%	12	$99.51	10.24%
DFIV	Dimensional International Value ETF	Added	950,337	+63,578	$51,337,204	+9.7%	19	before history	8.31%
DFUV	Dimensional U.S. Marketwide Value ETF	Added	900,330	+51,184	$49,527,153	+20.4%	17	$35.72	8.02%
DFAT	Dimensional U.S. Targeted Value ETF	Reduced	685,036	-2,631	$47,884,016	+11.5%	19	before history	7.75%
BSVO	EA Bridgeway Omni Small-Cap Value ETF	Reduced	1,602,242	-14,208	$46,769,443	+14.0%	14	unpriced	7.57%
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	Added	649,273	+59,543	$26,386,454	+29.5%	16	$27.12	4.27%
DFUS	Dimensional U.S. Equity Market ETF	Added	320,184	+487	$26,235,876	+15.7%	19	before history	4.25%
AVDV	Avantis International Small Cap Value ETF	Added	200,844	+35,758	$20,696,974	+25.5%	11	$80.80	3.35%
DISV	Dimensional International Small Cap Value ETF	Reduced	425,660	-787	$17,081,735	+1.6%	16	$23.81	2.76%
WMT	Walmart Inc. Consumer Defensive	Reduced	140,617	-25	$15,926,281	−8.9%	19	before history	2.58%
DFSV	Dimensional US Small Cap Value ETF	Reduced	341,522	-1,008	$13,247,638	+10.4%	16	$27.59	2.14%
DFIC	Dimensional International Core Equity 2 ETF	Added	276,426	+54,141	$10,299,632	+30.4%	15	$28.25	1.67%
DFAS	Dimensional U.S. Small Cap ETF	Added	120,162	+1,994	$9,894,139	+17.7%	19	before history	1.60%
DFAE	Dimensional Emerging Core Equity Market ETF	Reduced	193,157	-9,118	$7,766,842	+13.4%	17	$23.83	1.26%
DFAI	Dimensional International Core Equity Market ETF	Added	180,153	+2,506	$7,431,311	+7.4%	18	$31.07	1.20%
DFAU	Dimensional US Core Equity Market ETF	Added	139,068	+3,217	$7,188,424	+17.3%	11	$39.39	1.16%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Added	95,960	+26,516	$5,659,720	+36.9%	7	$59.51	0.92%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	12,898	-23	$4,772,775	+15.1%	19	before history	0.77%
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	Reduced	108,084	-2,305	$3,981,814	+6.2%	19	before history	0.64%
AAPL	Apple Inc. Technology	Reduced	13,233	-349	$3,829,100	+11.1%	19	before history	0.62%
AVLV	Avantis U.S. Large Cap Value ETF	Added	39,856	+6,035	$3,635,265	+33.3%	5	$67.95	0.59%
DFGR	Dimensional Global Real Estate ETF	Added	123,494	+21,922	$3,577,621	+32.5%	7	$27.24	0.58%
AVEM	Avantis Emerging Markets Equity ETF	Added	33,273	+6,786	$3,210,511	+50.4%	7	$68.66	0.52%
DUHP	Dimensional US High Profitability ETF	Added	67,839	+11,480	$2,830,921	+36.6%	7	$36.61	0.46%
EFV	iShares MSCI EAFE Value ETF	Added	35,587	+6	$2,724,184	+3.0%	16	unpriced	0.44%
IVV	iShares Core S&P 500 ETF	Added	3,418	+373	$2,559,706	+28.7%	17	unpriced	0.41%
META	Meta Platforms, Inc. Communication Services	Added	4,429	+22	$2,494,811	−1.1%	19	before history	0.40%
DIHP	Dimensional International High Profitability ETF	Added	60,315	+3,139	$2,058,249	+11.7%	7	$29.51	0.33%
SCHV	Schwab U.S. Large-Cap Value ETF	Added	49,466	+224	$1,721,911	+14.7%	16	unpriced	0.28%
VTV	VANGUARD VALUE INDEX FUND	Added	7,846	+28	$1,709,878	+11.5%	19	before history	0.28%
XOM	ExxonMobil Holdings Corp Energy	Reduced	12,388	-89	$1,693,687	−20.0%	19	before history	0.27%
DFSD	Dimensional Short-Duration Fixed Income ETF	Reduced	32,057	-7,573	$1,530,721	−19.3%	7	$47.78	0.25%
DFCF	Dimensional Core Fixed Income ETF	Added	35,192	+8,496	$1,485,454	+31.8%	5	$42.25	0.24%
DE	Deere & Co Industrials	Reduced	2,339	-4	$1,483,697	+12.4%	19	before history	0.24%
AEE	Ameren Corp Utilities	Reduced	12,107	-92	$1,368,575	+2.1%	19	before history	0.22%
CAT	Caterpillar Inc Industrials	Held	1,204	0	$1,282,139	+50.3%	15	$229.01	0.21%
VEU	Vanguard International Equity Index Funds	Held	15,061	0	$1,261,358	+11.5%	3	$72.72	0.20%
MSFT	Microsoft Corp Technology	Added	3,297	+56	$1,229,846	+2.5%	19	before history	0.20%
IDEV	iShares Core MSCI International Developed Markets ETF	Held	13,630	0	$1,213,206	+6.5%	19	before history	0.20%
GOOGL	Alphabet Inc. Communication Services	Added	3,300	+258	$1,179,321	+34.8%	13	$178.94	0.19%
SPY	Spdr S&P 500 ETF Trust	Held	1,482	0	$1,106,713	+14.8%	19	before history	0.18%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Reduced	4,374	-104	$1,062,838	+9.3%	19	before history	0.17%
MU	Micron Technology Inc Technology	Reduced	916	-44	$1,057,329	+226.0%	2	$391.72	0.17%
GOOG	Alphabet Inc. Communication Services	Held	2,968	0	$1,048,683	+23.2%	17	unpriced	0.17%
IWV	iShares Russell 3000 ETF	Held	2,439	0	$1,039,989	+15.0%	19	before history	0.17%
DFNM	Dimensional National Municipal Bond ETF	Added	20,491	+634	$990,432	+4.1%	7	$47.98	0.16%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	2,807	-8	$918,815	+11.0%	19	before history	0.15%
AVUS	Avantis U.S. Equity ETF	Added	7,049	+448	$902,835	+23.0%	6	$100.12	0.15%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Held	5,079	0	$834,327	+15.3%	5	unpriced	0.14%

Showing the top 50 of 137 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.