WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV

CIK 752365 · View on SEC EDGAR ↗

Portfolio value QoQ: +13.9% 13F does not disclose cash

Top 10 holdings weight39.10%

Top 25 holdings weight64.88%

Positions above 1%25

Effective number of positions42.4

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 0.73% Est. buys $14,937,042 · sells $2,791,089

Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 86.7% still held

New positions14

Increased83

Decreased57

Closed1

Portfolio value $404.6M #4,458 of 9,339 by 13F value · top 47.7%

Positions 169

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Technology 15.8%

Financials 15.2%

Healthcare 13.2%

Communication Services 11.4%

Retail 5.0%

Industrials 4.9%

Consumer Staples 1.7%

Energy 1.4%

Consumer products 1.1%

Utilities 1.1%

Consumer Discretionary 0.6%

Real Estate 0.2%

Materials 0.1%

Other/Unmapped 28.2%

Full portfolio 169 positions

Search positions by ticker or company name

					Streak
AAPL Apple Inc. - Common Stock	$26,037,218	6.44%	89,982	$3,311,814	Up ×1
LLY Eli Lilly and Company Common Stock	$25,523,827	6.31%	21,280	$5,870,215	Down ×3
GOOG Alphabet Inc. - Class C Capital Stock	$20,330,962	5.03%	57,541	$3,793,770	Down ×6
VTI Vanguard Morningstar Total Stock Market ETF	$14,752,628	3.65%	39,868	$2,072,140	Up ×6
MSFT Microsoft Corporation - Common Stock	$13,532,811	3.34%	36,279	$113,855	Up ×1
JPM JP Morgan Chase & Co. Common Stock	$12,813,817	3.17%	39,146	$1,387,340	Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B	$11,770,174	2.91%	23,522	$702,571	Up ×1
VOO Vanguard S&P 500 ETF	$11,574,679	2.86%	16,853	$5,460,121	Up ×5
CSCO Cisco Systems, Inc. - Common Stock	$10,935,613	2.70%	93,101	$3,719,675	Up ×1
GOOGL Alphabet Inc. - Class A Common Stock	$10,924,999	2.70%	30,571	$2,254,808	Up ×1
VIG Vanguard Div Appreciation ETF	$10,524,489	2.60%	44,478	$1,093,484	Up ×6
SCHB SCHWAB STRATEGIC TRUST	$9,806,662	2.42%	338,628	$1,276,203	Down ×1
VT VANGUARD INTERNATIONAL EQUITY INDEX FUNDS	$9,341,318	2.31%	59,518	$952,312	Down ×1
WMT Walmart Inc. - Common Stock	$9,332,016	2.31%	82,395	$-993,922	Down ×4
JNJ Johnson & Johnson Common Stock	$8,601,091	2.13%	33,867	$281,512	Down ×5
NVDA NVIDIA Corporation - Common Stock	$6,834,874	1.69%	34,159	$1,039,562	Up ×3
V Visa Inc.	$6,789,142	1.68%	19,788	$1,115,886	Up ×1
NTRS Northern Trust Corporation - Common Stock	$6,050,142	1.50%	34,803	$1,193,026	Up ×3
ABBV AbbVie Inc. Common Stock	$6,008,129	1.49%	23,876	$795,165	Down ×2
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A	$5,990,800	1.48%	8	$245,680
VYM Vanguard High Dividend Yield ETF	$5,758,746	1.42%	36,441	$354,715	Down ×6
DFAT Dimensional ETF Trust	$5,287,355	1.31%	75,642	$648,990	Up ×2
RTX RTX Corporation Common Stock	$5,190,499	1.28%	27,357	$-59,909	Up ×4
AMZN Amazon.com, Inc. - Common Stock	$4,539,662	1.12%	19,047	$799,133	Up ×6
PG Procter & Gamble Company (The) Common Stock	$4,216,186	1.04%	28,752	$-43,015	Down ×2
TXN Texas Instruments Incorporated - Common Stock	$3,862,689	0.95%	12,959	$1,354,012	Up ×1
MRK Merck & Company, Inc. Common Stock (new)	$3,788,052	0.94%	29,479	$248,519	Up ×2
AMGN Amgen Inc. - Common Stock	$3,593,317	0.89%	9,923	$73,058	Down ×1
XOM Exxon Mobil Corporation Common Stock	$3,573,623	0.88%	26,138	$-883,430	Down ×1
VUG Vanguard Morningstar Growth ETF	$3,438,616	0.85%	39,919	$631,279	Up ×1
HD Home Depot, Inc. (The) Common Stock	$3,261,814	0.81%	9,249	$285,878	Up ×1
VTV Vanguard Morningstar Value ETF	$3,186,576	0.79%	14,622	$553,544	Up ×1
JEPI JPMorgan Equity Premium Income ETF	$3,166,006	0.78%	56,055	$52,736	Up ×1
KO Coca-Cola Company (The) Common Stock	$3,028,711	0.75%	37,267	$211,312	Up ×1
IQLT iShares Trust	$2,885,445	0.71%	58,233	$193,333
DFAS Dimensional ETF Trust	$2,877,550	0.71%	34,947	$428,804	Up ×3
EMXC iShares MSCI Emerging Markets ex China ETF	$2,745,221	0.68%	26,835	$634,380
SCHD SCHWAB STRATEGIC TRUST	$2,662,223	0.66%	83,955	$91,300	Up ×1
AXP American Express Company Common Stock	$2,601,481	0.64%	7,691	$308,380	Up ×1
COST Costco Wholesale Corporation - Common Stock	$2,430,351	0.60%	2,598	$-186,274	Down ×1
PLTR Palantir Technologies Inc. - Class A Common Stock	$2,378,551	0.59%	20,387	$-528,618	Up ×2
VYMI Vanguard International High Dividend Yield ETF	$2,351,006	0.58%	23,941	$75,958	Down ×3
SCHF SCHWAB STRATEGIC TRUST	$2,339,822	0.58%	84,470	$252,194	Up ×1
WFC Wells Fargo & Company Common Stock	$2,252,436	0.56%	27,256	$68,176	Down ×2
CSW CSW Industrials, Inc. Common Stock	$2,247,829	0.56%	8,077	$143,906	Up ×3
ORCL Oracle Corporation Common Stock	$2,237,672	0.55%	15,269	$1,894	Up ×1
DFAI Dimensional ETF Trust	$2,214,014	0.55%	53,673	$355,950	Up ×6
CAT Caterpillar, Inc. Common Stock	$2,177,721	0.54%	2,045	$739,547	Up ×6
NEE NextEra Energy, Inc. Common Stock	$1,875,023	0.46%	21,363	$-91,790	Up ×1
META Meta Platforms, Inc. - Class A Common Stock	$1,818,863	0.45%	3,229	$-34,266	Down ×3
MDT Medtronic plc. Ordinary Shares	$1,801,480	0.45%	23,028	$-272,055	Down ×5
PEP PepsiCo, Inc. - Common Stock	$1,700,060	0.42%	12,556	$-258,372	Down ×5
VBK Vanguard Morningstar Small-Cap Growth ETF	$1,692,590	0.42%	4,628	$21,441	Down ×2
AVGO Broadcom Inc. - Common Stock	$1,681,365	0.42%	4,451	$326,640	Up ×6
BTT BlackRock Municipal 2030 Target Term Trust	$1,624,919	0.40%	71,425	$3,571
APH Amphenol Corporation Common Stock	$1,444,061	0.36%	8,190	$408,370	Down ×3
INTC Intel Corporation - Common Stock	$1,367,117	0.34%	9,791	$940,248	Up ×1
SCHW Charles Schwab Corporation (The) Common Stock	$1,335,701	0.33%	14,476	$-26,821	Down ×2
KKR KKR & Co. Inc. Common Stock	$1,266,289	0.31%	13,797	$-9,286	Up ×6
BN Brookfield Corporation Class A Limited Voting Shares	$1,243,500	0.31%	29,197	$62,181	Up ×1
BX Blackstone Inc. Common Stock	$1,243,301	0.31%	10,566	$22,682	Down ×2
ITW Illinois Tool Works Inc. Common Stock	$1,210,083	0.30%	4,474	$-91,627	Down ×5
AEP American Electric Power Company, Inc. - Common Stock	$1,197,838	0.30%	8,755	$71,395	Up ×1
USRT iShares Core U.S. REIT ETF	$1,179,671	0.29%	17,753	$129,081	Up ×1
MA Mastercard Incorporated Common Stock	$1,165,340	0.29%	2,269	$60,336	Up ×1
VIGI Vanguard International Dividend Appreciation ETF	$1,118,692	0.28%	11,980	$58,941
PM Philip Morris International Inc Common Stock	$1,063,570	0.26%	5,879	$96,827	Up ×2
XPO XPO, Inc. Common Stock	$1,030,761	0.25%	5,021	$15,405	Down ×1
IVV iShares Core S&P 500 ETF	$1,027,889	0.25%	1,373	$131,457	Up ×1
MU Micron Technology, Inc. - Common Stock	$1,022,701	0.25%	886	$731,821	Up ×2
SO Southern Company (The) Common Stock	$988,698	0.24%	10,330	$11,081	Up ×1
MCD McDonald's Corporation Common Stock	$984,739	0.24%	3,643	$-205,587	Down ×1
KMI Kinder Morgan, Inc. Common Stock	$960,922	0.24%	30,057	$-45,582	Up ×2
TSLA Tesla, Inc. - Common Stock	$952,659	0.24%	2,265	$111,017	Up ×6
PYLD PIMCO Multisector Bond Active Exchange-Traded Fund	$932,310	0.23%	35,155	$172,940	Up ×6
MO Altria Group, Inc.	$911,391	0.23%	12,667	$101,100	Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock	$891,697	0.22%	1,535	$576,991	Down ×1
DHR Danaher Corporation Common Stock	$875,065	0.22%	4,594	$819	Down ×2
CVX Chevron Corporation Common Stock	$865,433	0.21%	5,221	$-256,172	Down ×1
FITB Fifth Third Bancorp - Common Stock	$857,895	0.21%	15,219	$109,935	Down ×1
MCO Moody's Corporation Common Stock	$845,602	0.21%	1,867	$33,741	Up ×1
GPIX Goldman Sachs S&P 500 Premium Income ETF	$832,892	0.21%	14,988	$87,945	Up ×2
IBM International Business Machines Corporation Common Stock	$827,320	0.20%	2,942	$183,775	Up ×1
DKS Dick's Sporting Goods Inc Common Stock	$807,217	0.20%	3,559	$101,701	Up ×3
CB Chubb Limited Common Stock	$791,880	0.20%	2,324	$43,871	Up ×2
DFAE Dimensional ETF Trust	$777,321	0.19%	19,332	$161,606	Up ×6
AMAT Applied Materials, Inc. - Common Stock	$771,441	0.19%	1,067	$420,081	Up ×2
LMT Lockheed Martin Corporation Common Stock	$764,190	0.19%	1,500	$-183,494	Down ×1
COIN Coinbase Global, Inc. - 3Class A Common Stock	$760,919	0.19%	5,205	$-156,831	Down ×1
MMM 3M Company Common Stock	$747,862	0.18%	4,619	$74,140	Down ×2
GS Goldman Sachs Group, Inc. (The) Common Stock	$725,986	0.18%	718	$129,139	Up ×4
ABT Abbott Laboratories Common Stock	$651,241	0.16%	7,177	$-52,254	Up ×1
ACN Accenture plc Class A Ordinary Shares (Ireland)	$645,719	0.16%	5,189	$-241,629	Up ×1
SBUX Starbucks Corporation - Common Stock	$628,469	0.16%	6,150	$79,909	Up ×3
DLR Digital Realty Trust, Inc. Common Stock	$613,625	0.15%	3,417	$-1,432	Up ×1
VZ Verizon Communications Inc. Common Stock	$610,447	0.15%	14,418	$-204,925	Down ×6
DIS Walt Disney Company (The) Common Stock	$586,386	0.14%	6,092	$2,582	Up ×1
GD General Dynamics Corporation Common Stock	$580,575	0.14%	1,639	$-11,664	Down ×2
PFE Pfizer, Inc. Common Stock	$573,176	0.14%	23,803	$-103,440	Down ×6
VB Vanguard Morningstar Small-Cap ETF	$560,674	0.14%	1,850	$55,404	Down ×3
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
VTI	$14,752,628	3.65%	up ×6
VOO	$11,574,679	2.86%	up ×5
VIG	$10,524,489	2.60%	up ×6
NVDA	$6,834,874	1.69%	up ×3
NTRS	$6,050,142	1.50%	up ×3
RTX	$5,190,499	1.28%	up ×4
AMZN	$4,539,662	1.12%	up ×6
DFAS	$2,877,550	0.71%	up ×3
CSW	$2,247,829	0.56%	up ×3
DFAI	$2,214,014	0.55%	up ×6
CAT	$2,177,721	0.54%	up ×6
AVGO	$1,681,365	0.42%	up ×6
KKR	$1,266,289	0.31%	up ×6
TSLA	$952,659	0.24%	up ×6
PYLD	$932,310	0.23%	up ×6

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
VGIT	$451,256	7,651	0.11%
LRCX	$399,097	921	0.10%
EFA	$354,854	3,416	0.09%
BBJP	$354,108	4,702	0.09%
KLAC	$266,108	882	0.07%
DFIC	$250,271	6,717	0.06%
CDNS	$245,835	655	0.06%
SNDK	$234,194	103	0.06%
BBEU	$227,866	2,930	0.06%
PNC	$227,507	924	0.06%
BBCA	$224,048	2,254	0.06%
PANW	$216,889	636	0.05%
JEPQ	$200,360	3,260	0.05%
NFE	$3,796	10,454	0.00%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
LLY	Trimmed	-88	+$5.9M
VOO	Bought more	+7K	+$5.5M
GOOG	Trimmed	-108	+$3.8M
CSCO	Bought more	+100	+$3.7M
AAPL	Bought more	+438	+$3.3M
GOOGL	Bought more	+420	+$2.3M
VTI	Bought more	+342	+$2.1M
JPM	Bought more	+302	+$1.4M
TXN	Bought more	+37	+$1.4M
SCHB	Trimmed	-1K	+$1.3M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
HON	June 30, 2025	6,615	$1,400,726
ALL	June 30, 2025	2,425	$502,145	27.4%
EPD	Sept. 30, 2025	16,048	$497,648	18.6%
OKE	June 30, 2025	4,708	$467,128	17.4%
FDX	Sept. 30, 2025	2,027	$460,757
BLK (filed as BLKXXXX)	June 30, 2025	406	$384,271	6.6%
SPG	June 30, 2025	2,271	$377,168	31.6%
DFIS	June 30, 2025	11,966	$309,201
MDLZ	June 30, 2025	4,027	$273,232	-5.4%
INTU	March 31, 2026	399	$264,306	-20.6%
CVS	March 31, 2026	3,264	$259,031	30.1%
ELS	June 30, 2025	3,825	$255,128	-1.3%
VTES	March 31, 2026	2,400	$243,780
CL	Sept. 30, 2025	2,681	$243,702	17.6%
XLV	Sept. 30, 2025	1,700	$229,143	28.8%
PYPL	Dec. 31, 2025	3,381	$226,730	-2.3%
UPS	June 30, 2025	2,042	$224,600	0.1%
QCOM	March 31, 2026	1,264	$216,207	36.6%
NKE	Dec. 31, 2025	3,098	$216,024	-41.5%
IBIT	June 30, 2026	5,459	$209,735
WEC	June 30, 2025	1,923	$209,569	6.6%
CDNS	March 31, 2026	669	$209,116	13.9%
UBER	March 31, 2026	2,504	$204,602	-7.3%
BKNG	Sept. 30, 2025	35	$202,623
NOW	Sept. 30, 2025	195	$200,476
LIN	Dec. 31, 2025	422	$200,450	19.3%
MIY	June 30, 2025	11,662	$132,715	7.7%
LCID (filed as LCIDXXXX)	Sept. 30, 2025	11,446	$24,151	-85.2%