Keene & Associates, Inc.

CIK

1907874

Location

FORT WORTH, TX

Portfolio Value

Small $114,960,304

Diversification

Diversified

Filing Date

Global Rank

#5,111 / 8,036 ▼ 288

Top Industry

Drug Manufacturers - General 10.4%

3Y Alpha vs SPY

-4.4%

Period ended 1 year ago

Filed Feb 3, 2025 · 1y

13 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+57.9%

SPY

+76.5%

Annualised alpha

-4.4%

Max drawdown

−13.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

66 positions · as of Dec 31, 2024 · Δ vs Sep 30, 2024

Top Position

4.3%

+0.3 pts

Top 5

19.6%

+0.8 pts

Top 10

36.9%

+1.3 pts

HHI

266

Diversified−3

Portfolio Trend

13 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2024

Sector	% Portfolio	Value	Positions
Consumer Defensive	20.0%	$22,942,411	10
Technology	16.0%	$18,431,143	6
Healthcare	15.6%	$17,949,293	11
Industrials	12.0%	$13,833,552	9
Energy	11.9%	$13,719,580	8
Utilities	6.9%	$7,919,730	3
Communication Services	6.6%	$7,533,890	3
Basic Materials	5.5%	$6,267,118	8
Consumer Cyclical	3.2%	$3,705,058	4
Financial Services	1.2%	$1,390,392	2
Unclassified	1.1%	$1,268,137	2

Last Quarter's Activity

Export CSV

Dec 31, 2024 vs Sep 30, 2024

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ELAN	Elanco Animal Health Inc	+6,285	29,230	$353,975
SLB	Slb Limited/Nv	+5,956	81,477	$3,123,828
ERII	Energy Recovery, Inc.	+4,375	32,604	$479,278
MRK	Merck & Co., Inc.	+2,485	29,240	$2,908,795
HP	Helmerich & Payne, Inc.	+2,415	10,140	$324,682
SNN	Smith & Nephew PLC	+2,111	13,686	$336,401
VZ	Verizon Communications Inc	+1,380	85,373	$3,414,066
OXY	Occidental Petroleum Corp /De/	+1,250	10,389	$513,320
BA	Boeing Co	+1,205	3,562	$630,474
JNJ	Johnson & Johnson	+1,134	20,328	$2,939,835
TSN	Tyson Foods, Inc.	+1,047	60,123	$3,453,465
DIS	Walt Disney Co	+839	30,265	$3,370,007
PEP	Pepsico Inc	+780	19,877	$3,022,496
HAE	Haemonetics Corp	+730	10,904	$851,384
MDT	Medtronic plc	+708	39,649	$3,167,162
CVX	Chevron Corp	+687	18,739	$2,714,156
KMB	Kimberly Clark Corp	+626	25,354	$3,322,388
GD	General Dynamics Corp	+502	12,281	$3,235,920
FDX	Fedex Corp	+416	14,698	$4,134,988
GOOGL	Alphabet Inc.	+412	3,961	$749,817
RVTY	Revvity, Inc.	+395	4,678	$522,111
RPRX	Royalty Pharma plc	+370	19,420	$495,404
DUK	Duke Energy CORP	+333	33,270	$3,584,509
BMY	Bristol Myers Squibb Co	+326	61,881	$3,499,989
EVRG	Evergy, Inc.	+316	64,239	$3,953,910
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BWA	Borgwarner Inc	−30,214	67,609	$2,149,290
DVN	Devon Energy Corp/De	−25,934	47,330	$1,549,110
NTR	Nutrien Ltd.	−22,980	35,464	$1,587,014
NEM	NEWMONT Corp /DE/	−19,226	64,935	$2,416,880
PFE	Pfizer Inc	−16,929	95,073	$2,522,286
GLW	Corning Inc /Ny	−4,677	85,201	$4,048,751
WMT	Walmart Inc.	−3,521	54,790	$4,950,276
DAR	Darling Ingredients Inc.	−2,875	10,135	$341,448
ORCL	Oracle Corp	−2,009	24,801	$4,132,838
AGX	Argan Inc	−1,542	3,263	$447,161
FMC	Fmc Corp	−1,371	4,954	$240,813
KMI	Kinder Morgan, Inc.	−1,357	172,528	$4,727,267
FLO	Flowers Foods Inc	−1,024	14,391	$297,318
SMG	Scotts Miracle-Gro Co	−639	11,870	$787,455
GEV	GE Vernova Inc.	−281	2,114	$695,358
NI	Nisource Inc.	−237	10,373	$381,311
RGLD	Royal Gold Inc	−222	2,333	$307,606
INGR	Ingredion Inc	−146	30,578	$4,206,309
UVV	Universal Corp /Va/	−142	6,848	$375,544
ZBRA	Zebra Technologies Corp	−139	2,560	$988,723
HD	Home Depot, Inc.	−46	1,542	$599,822
LNG	Cheniere Energy, Inc.	−45	1,783	$383,113
RL	Ralph Lauren Corp	−44	1,767	$408,141
SCHW	Schwab Charles Corp	−25	9,296	$687,996
CFR	Cullen/Frost Bankers, Inc.	−8	5,232	$702,396
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
J	Jacobs Solutions Inc.	22,247	$2,943,211
CAG	Conagra Brands Inc.	86,550	$2,401,762
RRR	Red Rock Resorts, Inc.	11,847	$547,805
CSW	Csw Industrials, Inc.	1,500	$529,200
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
INTC	Intel Corp	89,119	$2,090,731
AVNS	Avanos Medical, Inc.	18,165	$436,504
MOS	Mosaic Co	12,240	$327,787
SYNA	SYNAPTICS Inc	3,255	$252,522
LFCR	Lifecore Biomedical, Inc. \De\	22,410	$110,481
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

66 positions · $114,960,304 total · as of Dec 31, 2024

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

Showing 1–50 of 66 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WMT	Walmart Inc. Consumer Defensive	Reduced	54,790	-3,521	$4,950,276	+5.1%	4.31%
KMI	Kinder Morgan, Inc. Energy	Reduced	172,528	-1,357	$4,727,267	+23.1%	4.11%
CSCO	Cisco Systems, Inc. Technology	Added	74,459	+118	$4,407,972	+11.4%	3.83%
MSFT	Microsoft Corp Technology	Added	10,151	+143	$4,278,646	−0.6%	3.72%
INGR	Ingredion Inc Consumer Defensive	Reduced	30,578	-146	$4,206,309	−0.4%	3.66%
FDX	Fedex Corp Industrials	Added	14,698	+416	$4,134,988	+5.8%	3.60%
ORCL	Oracle Corp Technology	Reduced	24,801	-2,009	$4,132,838	−9.5%	3.60%
GLW	Corning Inc /Ny Technology	Reduced	85,201	-4,677	$4,048,751	−0.2%	3.52%
EVRG	Evergy, Inc. Utilities	Added	64,239	+316	$3,953,910	−0.3%	3.44%
DUK	Duke Energy CORP Utilities	Added	33,270	+333	$3,584,509	−5.6%	3.12%
BMY	Bristol Myers Squibb Co Healthcare	Added	61,881	+326	$3,499,989	+9.9%	3.04%
TSN	Tyson Foods, Inc. Consumer Defensive	Added	60,123	+1,047	$3,453,465	−1.9%	3.00%
VZ	Verizon Communications Inc Communication Services	Added	85,373	+1,380	$3,414,066	−9.5%	2.97%
DIS	Walt Disney Co Communication Services	Added	30,265	+839	$3,370,007	+19.1%	2.93%
KMB	Kimberly Clark Corp Consumer Defensive	Added	25,354	+626	$3,322,388	−5.6%	2.89%
GD	General Dynamics Corp Industrials	Added	12,281	+502	$3,235,920	−9.1%	2.81%
MDT	Medtronic plc Healthcare	Added	39,649	+708	$3,167,162	−9.7%	2.76%
SLB	Slb Limited/Nv Energy	Added	81,477	+5,956	$3,123,828	−1.4%	2.72%
PEP	Pepsico Inc Consumer Defensive	Added	19,877	+780	$3,022,496	−6.9%	2.63%
J	Jacobs Solutions Inc. Industrials	NEW	22,247	NEW	$2,943,211	NEW	2.56%
JNJ	Johnson & Johnson Healthcare	Added	20,328	+1,134	$2,939,835	−5.5%	2.56%
MRK	Merck & Co., Inc. Healthcare	Added	29,240	+2,485	$2,908,795	−4.3%	2.53%
CVX	Chevron Corp Energy	Added	18,739	+687	$2,714,156	+2.1%	2.36%
PFE	Pfizer Inc Healthcare	Reduced	95,073	-16,929	$2,522,286	−22.2%	2.19%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	64,935	-19,226	$2,416,880	−46.3%	2.10%
CAG	Conagra Brands Inc. Consumer Defensive	NEW	86,550	NEW	$2,401,762	NEW	2.09%
BWA	Borgwarner Inc Consumer Cyclical	Reduced	67,609	-30,214	$2,149,290	−39.5%	1.87%
NTR	Nutrien Ltd. Basic Materials	Reduced	35,464	-22,980	$1,587,014	−43.5%	1.38%
DVN	Devon Energy Corp/De Energy	Reduced	47,330	-25,934	$1,549,110	−46.0%	1.35%
GLD	Spdr Gold Trust	Held	5,135	0	$1,243,337	−0.4%	1.08%
ZBRA	Zebra Technologies Corp Technology	Reduced	2,560	-139	$988,723	−1.1%	0.86%
CTVA	Corteva, Inc. Basic Materials	Added	15,586	+195	$887,778	−1.9%	0.77%
HAE	Haemonetics Corp Healthcare	Added	10,904	+730	$851,384	+4.1%	0.74%
SMG	Scotts Miracle-Gro Co Basic Materials	Reduced	11,870	-639	$787,455	−27.4%	0.68%
GOOGL	Alphabet Inc. Communication Services	Added	3,961	+412	$749,817	+27.4%	0.65%
MTRX	Matrix Service Co Industrials	Added	61,651	+76	$737,962	+3.9%	0.64%
CFR	Cullen/Frost Bankers, Inc. Financial Services	Reduced	5,232	-8	$702,396	+19.8%	0.61%
GEV	GE Vernova Inc. Industrials	Reduced	2,114	-281	$695,358	+13.9%	0.60%
SCHW	Schwab Charles Corp Financial Services	Reduced	9,296	-25	$687,996	+13.9%	0.60%
BA	Boeing Co Industrials	Added	3,562	+1,205	$630,474	+75.9%	0.55%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	1,542	-46	$599,822	−6.8%	0.52%
AAPL	Apple Inc. Technology	Added	2,293	+172	$574,213	+16.2%	0.50%
TGT	Target Corp Consumer Defensive	Added	4,227	+290	$571,405	−6.9%	0.50%
RRR	Red Rock Resorts, Inc. Consumer Cyclical	NEW	11,847	NEW	$547,805	NEW	0.48%
CSW	Csw Industrials, Inc. Industrials	NEW	1,500	NEW	$529,200	NEW	0.46%
RVTY	Revvity, Inc. Healthcare	Added	4,678	+395	$522,111	−4.6%	0.45%
OXY	Occidental Petroleum Corp /De/ Energy	Added	10,389	+1,250	$513,320	+9.0%	0.45%
RPRX	Royalty Pharma plc Healthcare	Added	19,420	+370	$495,404	−8.1%	0.43%
ERII	Energy Recovery, Inc. Industrials	Added	32,604	+4,375	$479,278	−2.4%	0.42%
AGX	Argan Inc Industrials	Reduced	3,263	-1,542	$447,161	−8.3%	0.39%