KEATING INVESTMENT COUNSELORS INC — 13F Holdings & Portfolio

CIK 1020580 · latest 13F-HR filed 2026-04-27

KEATING INVESTMENT COUNSELORS INC manages $403.8M in 13F-reported U.S. long-equity assets across 59 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are KEAT (27.39%), STIP (16.33%), BIL (5.72%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 3 new positions, exited 6, added to 24, and trimmed 20.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM

$403.8M

Long-equity book

Holdings

59

Distinct positions

Period

2026-03-31

Filed 2026-04-27

Q/Q Activity

+3 / −6 / ↑24 / ↓20

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • Keating Active ETF$13.7M +14.2%
  • iShares 0-5 year TIPS Bond ETF$7.5M +12.8%
  • Equinor ASA$4.6M +77.5%
  • Oceaneering International Inc$3.5M +41.0%
  • Suncor Energy Inc$3.4M +44.0%
Show all 24

Top Trims

  • Philip Morris Intl Inc-$2.6M -70.2%
  • Barrick Mining Corporation-$1.5M -7.0%
  • Johnson & Johnson-$1.4M -66.6%
  • Home Depot Inc-$1.3M -39.6%
  • Unilever PLC-$813.4K -13.8%
Show all 20

New Positions

  • Harbour Energy PLC$3.2M
  • Flowers Foods, Inc.$1.5M
  • Shell PLC$239.5K
Show all 3

Exited Positions

  • Weyerhaeuser Co.$705.1K
  • Intel Corp$310.1K
  • Amazon Com Inc$244.0K
  • Lowe's Companies Inc.$236.3K
  • Skyworks Solutions Inc$229.9K
Show all 6
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 Keating Active ETF KEAT 02072L268 $110.6M 27.39% 3,242,455 SH
2 iShares 0-5 year TIPS Bond ETF STIP 46429B747 $65.9M 16.33% 637,361 SH
3 SPDR Bloomberg 1-3 Month T-Bil BIL 78468R663 $23.1M 5.72% 251,904 SH
4 Agnico Eagle Mines Limited AEM 008474108 $20.3M 5.03% 100,002 SH
5 Barrick Mining Corporation B 06849F108 $19.6M 4.86% 480,959 SH
6 Oceaneering International Inc OII 675232102 $12.0M 2.97% 338,438 SH
7 Suncor Energy Inc SU 867224107 $11.3M 2.79% 170,454 SH
8 Vodafone Group PLC New-SP ADR VOD 92857W308 $10.6M 2.61% 702,576 SH
9 Equinor ASA EQNR 29446M102 $10.4M 2.59% 247,463 SH
10 GSK PLC GSK 37733W204 $9.7M 2.39% 175,168 SH
11 TotalEnergies SE TTE 89151E109 $9.4M 2.33% 103,271 SH
12 Carrefour SA CRRFY 144430204 $8.6M 2.14% 2,324,860 SH
13 Verizon Communications Inc VZ 92343V104 $7.3M 1.82% 146,376 SH
14 Talos Energy Inc TALO 87484T108 $7.0M 1.73% 443,638 SH
15 Lockheed Martin Corp LMT 539830109 $6.5M 1.60% 10,720 SH
16 Pan American Silver Corp PAAS 697900108 $6.3M 1.57% 115,919 SH
17 J Sainsbury PLC JSAIY 466249208 $6.2M 1.55% 342,184 SH
18 Liberty Global PLC LBTYK G61188127 $6.2M 1.54% 528,423 SH
19 Unilever PLC UL 904767704 $5.1M 1.26% 89,022 SH
20 Transocean Ltd. RIG H8817H100 $4.5M 1.12% 682,898 SH
21 Molson Coors Beverage TAP 60871R209 $3.5M 0.86% 80,369 SH
22 Harbour Energy PLC PMOIF 411618200 $3.2M 0.80% 804,612 SH
23 United Parcel Service Inc UPS 911312106 $3.2M 0.79% 32,232 SH
24 SLB SLB 806857108 $3.1M 0.77% 60,379 SH
25 Cal-Maine Foods Inc CALM 128030202 $2.7M 0.67% 34,001 SH
26 Exxon Mobil Corp XOM 30231G102 $2.7M 0.66% 15,744 SH
27 Lamb Weston Holdings Inc LW 513272104 $2.3M 0.58% 55,159 SH
28 Chevron Corp CVX 166764100 $2.2M 0.53% 10,438 SH
29 Home Depot Inc HD 437076102 $2.0M 0.50% 6,106 SH
30 Newmont Corporation NEM 651639106 $1.8M 0.46% 16,994 SH
31 VanEck Gold Miners ETF GDX 92189F106 $1.8M 0.45% 19,733 SH
32 Flowers Foods, Inc. FLO 343498101 $1.5M 0.37% 183,930 SH
33 Philip Morris Intl Inc PM 718172109 $1.1M 0.28% 6,723 SH
34 PepsiCo Inc PEP 713448108 $1.0M 0.26% 6,745 SH
35 Thermo Fisher Scientific Inc TMO 883556102 $967.3K 0.24% 1,968 SH
36 Costco Whsl Corp New COST 22160K105 $847.0K 0.21% 850 SH
37 Johnson & Johnson JNJ 478160104 $708.6K 0.18% 2,899 SH
38 ConocoPhillips COP 20825C104 $660.2K 0.16% 5,001 SH
39 NovaGold Resources Inc NG 66987E206 $641.8K 0.16% 71,475 SH
40 Apple Inc AAPL 037833100 $636.0K 0.16% 2,506 SH
41 Dover Corp DOV 260003108 $599.3K 0.15% 2,875 SH
42 Stryker Corp SYK 863667101 $596.4K 0.15% 1,815 SH
43 Amphenol Corporation APH 032095101 $505.4K 0.13% 4,000 SH
44 O'Reilly Automotive New ORLY 67103H107 $475.7K 0.12% 5,153 SH
45 Honeywell Intl Inc HON 438516106 $455.4K 0.11% 2,015 SH
46 Bristol Myers Squibb Co BMY 110122108 $374.9K 0.09% 6,182 SH
47 Phillips 66 PSX 718546104 $371.1K 0.09% 2,037 SH
48 JPMorgan Chase & Co JPM 46625H100 $345.6K 0.09% 1,175 SH
49 The Magnum Ice Cream Company N MICC N5505D105 $310.2K 0.08% 20,750 SH
50 McDonalds Corp MCD 580135101 $292.1K 0.07% 940 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-27 $403.8M 59 0001020580-26-000004
2025-12-31 2026-01-30 $360.7M 62 0001020580-26-000002