KEMPNER CAPITAL MANAGEMENT INC.

CIK

898399

Location

GALVESTON, TX

Portfolio Value

Micro $95,963,129

Diversification

Diversified

Filing Date

Global Rank

#5,919 / 8,664 ▼ 554 · as of Dec 2025

Top Industry

Semiconductors 16.0%

3Y Alpha vs SPY

+9.1%

Period ended 6 months ago

Filed Jan 12, 2026 · 6mo

24 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+115.9%

SPY

+76.5%

Annualised alpha

+8.4%

Max drawdown

−18.9%

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

38 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

10.1%

+2.6 pts

Top 5

31.0%

+2.2 pts

Top 10

48.6%

+4.4 pts

HHI

396

Diversified+50

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Technology	27.2%	$26,072,459	5
Financial Services	25.2%	$24,160,215	10
Energy	12.7%	$12,158,531	6
Healthcare	11.8%	$11,288,604	5
Consumer Defensive	5.0%	$4,755,172	2
Industrials	4.3%	$4,114,998	2
Basic Materials	4.1%	$3,956,096	3
Real Estate	3.9%	$3,771,629	3
Communication Services	3.5%	$3,377,262	1
Consumer Cyclical	2.4%	$2,308,163	1

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
SON	Sonoco Products Co	+28,030	52,891	$2,308,163
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BSM	Black Stone Minerals, L.P.	−142,833	439,295	$5,838,230
EOSE	Eos Energy Enterprises, Inc.	−72,500	102,500	$1,174,650
SLB	Slb Limited/Nv	−48,551	7,972	$305,965
CNMD	CONMED Corp	−43,296	6,258	$254,074
BAC	Bank Of America Corp /De/	−19,374	44,962	$2,472,910
MU	Micron Technology Inc	−15,580	33,792	$9,644,574
LNC	Lincoln National Corp	−10,687	71,088	$3,165,548
DEA	Easterly Government Properties, Inc.	−10,255	95,457	$2,022,733
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−8,694	18,898	$5,742,913
ST	Sensata Technologies Holding plc	−8,506	102,473	$3,411,326
KVUE	Kenvue Inc.	−8,003	125,211	$2,159,889
BP	Bp PLC	−5,779	42,273	$1,468,141
CFG	Citizens Financial Group Inc/Ri	−5,526	57,049	$3,332,232
TFC	Truist Financial Corp	−5,028	51,784	$2,548,290
C	Citigroup Inc	−4,897	26,008	$3,034,873
EQH	Equitable Holdings, Inc.	−4,479	46,026	$2,193,138
SHEL	Shell plc	−4,408	41,694	$3,063,675
TSN	Tyson Foods, Inc.	−4,260	44,273	$2,595,283
CSCO	Cisco Systems, Inc.	−3,954	37,803	$2,911,965
GPN	Global Payments Inc	−3,811	37,989	$2,940,348
DIS	Walt Disney Co	−3,192	29,685	$3,377,262
O	Realty Income Corp	−3,130	26,943	$1,518,776
ZBH	Zimmer Biomet Holdings, Inc.	−2,853	28,548	$2,567,036
MRK	Merck & Co., Inc.	−2,845	33,776	$3,555,261
IFF	International Flavors & Fragrances Inc	−2,650	32,167	$2,167,734
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
FMC	Fmc Corp	73,286	$2,464,608
BAX	Baxter International Inc	62,370	$1,420,164
LYB	LyondellBasell Industries N.V.	25,722	$1,261,406
SVC	Service Properties Trust	47,450	$642,947
WBD	Warner Bros. Discovery, Inc.	11,175	$218,247
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

38 positions · $95,963,129 total · as of Dec 31, 2025

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MU	Micron Technology Inc Technology	Reduced	33,792	-15,580	$9,644,574	+16.7%	10.05%
BSM	Black Stone Minerals, L.P. Energy	Reduced	439,295	-142,833	$5,838,230	−23.7%	6.08%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	18,898	-8,694	$5,742,913	−25.5%	5.98%
TER	Teradyne, Inc Technology	Reduced	22,534	-2,176	$4,361,681	+28.2%	4.55%
CFR	Cullen/Frost Bankers, Inc. Financial Services	Reduced	32,932	-1,429	$4,170,179	−4.3%	4.35%
MRK	Merck & Co., Inc. Healthcare	Reduced	33,776	-2,845	$3,555,261	+15.7%	3.70%
ST	Sensata Technologies Holding plc Technology	Reduced	102,473	-8,506	$3,411,326	+0.6%	3.55%
DIS	Walt Disney Co Communication Services	Reduced	29,685	-3,192	$3,377,262	−10.3%	3.52%
CFG	Citizens Financial Group Inc/Ri Financial Services	Reduced	57,049	-5,526	$3,332,232	+0.2%	3.47%
LNC	Lincoln National Corp Financial Services	Reduced	71,088	-10,687	$3,165,548	−4.0%	3.30%
SHEL	Shell plc Energy	Reduced	41,694	-4,408	$3,063,675	−7.1%	3.19%
C	Citigroup Inc Financial Services	Reduced	26,008	-4,897	$3,034,873	−3.3%	3.16%
GPN	Global Payments Inc Industrials	Reduced	37,989	-3,811	$2,940,348	−15.3%	3.06%
CSCO	Cisco Systems, Inc. Technology	Reduced	37,803	-3,954	$2,911,965	+1.9%	3.03%
TSN	Tyson Foods, Inc. Consumer Defensive	Reduced	44,273	-4,260	$2,595,283	−1.5%	2.70%
ZBH	Zimmer Biomet Holdings, Inc. Healthcare	Reduced	28,548	-2,853	$2,567,036	−17.0%	2.68%
TFC	Truist Financial Corp Financial Services	Reduced	51,784	-5,028	$2,548,290	−1.9%	2.66%
LLY	ELI LILLY & Co Healthcare	Reduced	2,327	-193	$2,500,780	+30.1%	2.61%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	44,962	-19,374	$2,472,910	−25.5%	2.58%
UNH	Unitedhealth Group Inc Healthcare	Reduced	7,305	-725	$2,411,453	−13.0%	2.51%
SON	Sonoco Products Co Consumer Cyclical	Added	52,891	+28,030	$2,308,163	+115.5%	2.41%
EQH	Equitable Holdings, Inc. Financial Services	Reduced	46,026	-4,479	$2,193,138	−14.5%	2.29%
IFF	International Flavors & Fragrances Inc Basic Materials	Reduced	32,167	-2,650	$2,167,734	+1.2%	2.26%
KVUE	Kenvue Inc. Consumer Defensive	Reduced	125,211	-8,003	$2,159,889	−0.1%	2.25%
DEA	Easterly Government Properties, Inc. Real Estate	Reduced	95,457	-10,255	$2,022,733	−16.6%	2.11%
CB	Chubb Ltd Financial Services	Reduced	5,909	-493	$1,844,317	+2.1%	1.92%
O	Realty Income Corp Real Estate	Reduced	26,943	-3,130	$1,518,776	−16.9%	1.58%
BP	Bp PLC Energy	Reduced	42,273	-5,779	$1,468,141	−11.3%	1.53%
RIO	Rio Tinto PLC Basic Materials	Reduced	16,758	-1,546	$1,341,142	+11.0%	1.40%
EOSE	Eos Energy Enterprises, Inc. Industrials	Reduced	102,500	-72,500	$1,174,650	−41.1%	1.22%
EG	Everest Group, Ltd. Financial Services	Reduced	3,040	-309	$1,031,624	−12.0%	1.08%
KMI	Kinder Morgan, Inc. Energy	Held	28,200	0	$775,218	−2.9%	0.81%
FANG	Diamondback Energy, Inc. Energy	Reduced	4,705	-461	$707,302	−4.3%	0.74%
BHP	BHP Group Ltd Basic Materials	Reduced	7,408	-744	$447,220	−1.6%	0.47%
SBI	Western Asset Intermediate Muni Fund Inc. Financial Services	Held	47,800	0	$367,104	−2.9%	0.38%
SLB	Slb Limited/Nv Energy	Reduced	7,972	-48,551	$305,965	−84.3%	0.32%
CNMD	CONMED Corp Healthcare	Reduced	6,258	-43,296	$254,074	−89.1%	0.26%
PK	Park Hotels & Resorts Inc. Real Estate	Held	22,000	0	$230,120	−5.6%	0.24%