Keene & Associates, Inc.

CIK

1907874

Location

FORT WORTH, TX

Portfolio Value

Small $121,086,942

Diversification

Diversified

Filing Date

Global Rank

#7,054 / 8,182 ▼ 496 · as of Dec 2024

Top Industry

Drug Manufacturers - General 10.4%

Period ended 1 year ago

Filed Feb 3, 2025 · 1y

13 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

Unknown

Portfolio style

Measured from the filed 13F common-share book for Dec 31, 2024, never from the firm's own description.

Style

Diversified active

Top 10 weight 35.0%, 40.6 effective positions, active share 85.2% against the Dow Jones Industrial Average as of 2025-01-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

20.8% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 10.4 quarters (4 to under 12)

Closest benchmark: the Dow Jones Industrial Average as of 2025-01-31, active share 85.2%; sector active share 38.7% against the combined 13F book's sector weights.

Over time 13 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

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

Top Position

4.1%

+0.4 pts

Top 5

18.6%

+1.1 pts

Top 10

35.0%

+1.8 pts

HHI

246

Diversified+1

Portfolio Trend

13 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2024

Sector	% Portfolio	Value	Positions
Consumer Defensive	18.9%	$22,942,411	10
Technology	15.2%	$18,431,143	6
Healthcare	14.8%	$17,949,293	11
Industrials	11.4%	$13,862,984	9
Energy	11.3%	$13,719,580	8
Utilities	6.5%	$7,919,730	3
Communication Services	6.2%	$7,533,890	3
Unclassified	6.1%	$7,365,343	11
Basic Materials	5.2%	$6,267,118	8
Consumer Cyclical	3.1%	$3,705,058	4
Financial Services	1.1%	$1,390,392	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
BILZ	PIMCO ETF Trust	+9,825	18,345	$1,849,542
ELAN	Elanco Animal Health Inc	+6,285	29,230	$353,975
SLB	Slb Limited	+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	+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
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	−25,934	47,330	$1,549,110
NTR	Nutrien Ltd.	−22,980	35,464	$1,587,014
NEM	NEWMONT Corp	−19,226	64,935	$2,416,880
PFE	Pfizer Inc	−16,929	95,073	$2,522,286
GLW	Corning Inc	−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
—		−201	11,094	$415,470
—		−200	9,055	$401,227
INGR	Ingredion Inc	−146	30,578	$4,206,309
UVV	Universal Corp	−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
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	$2,972,643
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

6 positions

Ticker	Company	Shares	Value
UL	Unilever PLC	64,092	$4,167,586
INTC	Intel Corp	89,119	$2,090,731
—		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

75 tracked positions · $121,086,942 total · filing declares 76 positions · $124,541,329 · 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 75 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
WMT	Walmart Inc. Consumer Defensive	Reduced	54,790	-3,521	$4,950,276	+5.1%	13	before history	4.09%
KMI	Kinder Morgan, Inc. Energy	Reduced	172,528	-1,357	$4,727,267	+23.1%	3	$19.08	3.90%
CSCO	Cisco Systems, Inc. Technology	Added	74,459	+118	$4,407,972	+11.4%	13	before history	3.64%
MSFT	Microsoft Corp Technology	Added	10,151	+143	$4,278,646	−0.6%	13	before history	3.53%
INGR	Ingredion Inc Consumer Defensive	Reduced	30,578	-146	$4,206,309	−0.4%	13	before history	3.47%
FDX	Fedex Corp Industrials	Added	14,698	+416	$4,134,988	+5.8%	13	before history	3.41%
ORCL	Oracle Corp Technology	Reduced	24,801	-2,009	$4,132,838	−9.5%	13	before history	3.41%
GLW	Corning Inc Technology	Reduced	85,201	-4,677	$4,048,751	−0.2%	13	before history	3.34%
EVRG	Evergy, Inc. Utilities	Added	64,239	+316	$3,953,910	−0.3%	4	$51.15	3.27%
DUK	Duke Energy CORP Utilities	Added	33,270	+333	$3,584,509	−5.6%	13	before history	2.96%
BMY	Bristol Myers Squibb Co Healthcare	Added	61,881	+326	$3,499,989	+9.9%	13	before history	2.89%
TSN	Tyson Foods, Inc. Consumer Defensive	Added	60,123	+1,047	$3,453,465	−1.9%	13	before history	2.85%
VZ	Verizon Communications Inc Communication Services	Added	85,373	+1,380	$3,414,066	−9.5%	8	$39.09	2.82%
DIS	Walt Disney Co Communication Services	Added	30,265	+839	$3,370,007	+19.1%	13	before history	2.78%
KMB	Kimberly Clark Corp Consumer Defensive	Added	25,354	+626	$3,322,388	−5.6%	13	before history	2.74%
GD	General Dynamics Corp Industrials	Added	12,281	+502	$3,235,920	−9.1%	13	before history	2.67%
MDT	Medtronic plc Healthcare	Added	39,649	+708	$3,167,162	−9.7%	12	$91.36	2.62%
SLB	Slb Limited Energy	Added	81,477	+5,956	$3,123,828	−1.4%	13	before history	2.58%
PEP	Pepsico Inc Consumer Defensive	Added	19,877	+780	$3,022,496	−6.9%	13	before history	2.50%
J	Jacobs Solutions Inc. Industrials	NEW	22,247	NEW	$2,972,643	NEW	1	unpriced	2.45%
JNJ	Johnson & Johnson Healthcare	Added	20,328	+1,134	$2,939,835	−5.5%	13	before history	2.43%
MRK	Merck & Co., Inc. Healthcare	Added	29,240	+2,485	$2,908,795	−4.3%	13	before history	2.40%
CVX	Chevron Corp Energy	Added	18,739	+687	$2,714,156	+2.1%	13	before history	2.24%
PFE	Pfizer Inc Healthcare	Reduced	95,073	-16,929	$2,522,286	−22.2%	13	before history	2.08%
NEM	NEWMONT Corp Basic Materials	Reduced	64,935	-19,226	$2,416,880	−46.3%	13	before history	2.00%
CAG	Conagra Brands Inc. Consumer Defensive	NEW	86,550	NEW	$2,401,762	NEW	1	$28.39	1.98%
BWA	Borgwarner Inc Consumer Cyclical	Reduced	67,609	-30,214	$2,149,290	−39.5%	6	unpriced	1.77%
BILZ	PIMCO ETF Trust	Added	18,345	+9,825	$1,849,542	+114.5%	6	$100.78	1.53%
RSP	Victory Portfolios II	Added	9,901	+56	$1,734,952	−1.6%	2	$170.89	1.43%
NTR	Nutrien Ltd. Basic Materials	Reduced	35,464	-22,980	$1,587,014	−43.5%	6	$61.30	1.31%
DVN	Devon Energy Corp Energy	Reduced	47,330	-25,934	$1,549,110	−46.0%	6	$46.15	1.28%
GLD	Spdr Gold Trust	Held	5,135	0	$1,243,337	−0.4%	13	before history	1.03%
ZBRA	Zebra Technologies Corp Technology	Reduced	2,560	-139	$988,723	−1.1%	9	$261.15	0.82%
CTVA	Corteva, Inc. Basic Materials	Added	15,586	+195	$887,778	−1.9%	13	before history	0.73%
HAE	Haemonetics Corp Healthcare	Added	10,904	+730	$851,384	+4.1%	13	before history	0.70%
SMG	Scotts Miracle-Gro Co Basic Materials	Reduced	11,870	-639	$787,455	−27.4%	8	$66.72	0.65%
GOOGL	Alphabet Inc. Communication Services	Added	3,961	+412	$749,817	+27.4%	11	$123.20	0.62%
MTRX	Matrix Service Co Industrials	Added	61,651	+76	$737,962	+3.9%	13	before history	0.61%
CFR	Cullen/Frost Bankers, Inc. Financial Services	Reduced	5,232	-8	$702,396	+19.8%	13	before history	0.58%
GEV	GE Vernova Inc. Industrials	Reduced	2,114	-281	$695,358	+13.9%	3	$158.47	0.57%
SCHW	Schwab Charles Corp Financial Services	Reduced	9,296	-25	$687,996	+13.9%	13	before history	0.57%
BA	Boeing Co Industrials	Added	3,562	+1,205	$630,474	+75.9%	13	before history	0.52%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	1,542	-46	$599,822	−6.8%	13	before history	0.50%
AAPL	Apple Inc. Technology	Added	2,293	+172	$574,213	+16.2%	13	before history	0.47%
TGT	Target Corp Consumer Defensive	Added	4,227	+290	$571,405	−6.9%	2	$148.55	0.47%
RRR	Red Rock Resorts, Inc. Consumer Cyclical	NEW	11,847	NEW	$547,805	NEW	1	$50.87	0.45%
CSW	Csw Industrials, Inc. Industrials	NEW	1,500	NEW	$529,200	NEW	1	$388.90	0.44%
RVTY	Revvity, Inc. Healthcare	Added	4,678	+395	$522,111	−4.6%	4	$107.31	0.43%
OXY	Occidental Petroleum Corp Energy	Added	10,389	+1,250	$513,320	+9.0%	13	before history	0.42%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Added	8,819	+126	$513,089	+0.0%	5	$57.85	0.42%

Showing the top 50 of 75 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.