13F HOLDINGS REPORT
WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV
Quarter ended Q4 2025 · Filed February 11, 2026 · Accession 0000752365-26-000001
Total Value
$373.1M
Positions
155
Other Managers
0
Confidential Omitted
No
Holdings (155)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 89,630 | $24.4M | 6.53% |
| 2 | ELI LILLY & CO | LLY | 21,651 | $23.3M | 6.24% |
| 3 | MICROSOFT CORP | MSFT | 38,164 | $18.5M | 4.95% |
| 4 | ALPHABET INC | GOOG | 57,682 | $18.1M | 4.85% |
| 5 | JPMORGAN CHASE & CO. | VYLD | 39,003 | $12.6M | 3.37% |
| 6 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 24,520 | $12.3M | 3.30% |
| 7 | VANGUARD INDEX FDS | 922908769 | 35,754 | $12.0M | 3.21% |
| 8 | ALPHABET INC | GOOG | 30,629 | $9.6M | 2.57% |
| 9 | VANGUARD SPECIALIZED FUNDS | 921908844 | 43,504 | $9.6M | 2.56% |
| 10 | WALMART INC | WMT | 83,534 | $9.3M | 2.49% |
| 11 | SCHWAB STRATEGIC TR | 808524102 | 337,829 | $8.9M | 2.37% |
| 12 | VANGUARD INTL EQUITY INDEX F | 922042742 | 57,826 | $8.2M | 2.19% |
| 13 | CISCO SYS INC | CSCO | 93,520 | $7.2M | 1.93% |
| 14 | JOHNSON & JOHNSON | JNJ | 34,536 | $7.1M | 1.92% |
| 15 | VISA INC | V | 18,955 | $6.6M | 1.78% |
| 16 | NVIDIA CORPORATION | NVDA | 33,208 | $6.2M | 1.66% |
| 17 | VANGUARD INDEX FDS | 922908363 | 9,781 | $6.1M | 1.64% |
| 18 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 8 | $6.0M | 1.62% |
| 19 | ABBVIE INC | ABBV | 24,687 | $5.6M | 1.51% |
| 20 | VANGUARD WHITEHALL FDS | 921946406 | 39,059 | $5.6M | 1.50% |
| 21 | RTX CORPORATION | RTX | 27,206 | $5.0M | 1.34% |
| 22 | NORTHERN TR CORP | NTRSO | 34,792 | $4.8M | 1.27% |
| 23 | PROCTER AND GAMBLE CO | 742718109 | 30,755 | $4.4M | 1.18% |
| 24 | DIMENSIONAL ETF TRUST | 25434V609 | 67,299 | $4.0M | 1.07% |
| 25 | AMAZON COM INC | AMZN | 17,158 | $4.0M | 1.06% |
| 26 | VANGUARD INDEX FDS | 922908736 | 7,269 | $3.5M | 0.95% |
| 27 | PALANTIR TECHNOLOGIES INC | PLTR | 19,831 | $3.5M | 0.94% |
| 28 | AMGEN INC | AMGN | 9,993 | $3.3M | 0.88% |
| 29 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 54,956 | $3.1M | 0.84% |
| 30 | EXXON MOBIL CORP | XOM | 26,046 | $3.1M | 0.84% |
| 31 | HOME DEPOT INC | HD | 9,083 | $3.1M | 0.84% |
| 32 | MERCK & CO INC | MRK | 29,403 | $3.1M | 0.83% |
| 33 | VANGUARD INDEX FDS | 922908744 | 15,992 | $3.1M | 0.82% |
| 34 | ORACLE CORP | ORCL-PD | 15,639 | $3.0M | 0.82% |
| 35 | AMERICAN EXPRESS CO | AXP | 7,642 | $2.8M | 0.76% |
| 36 | COCA COLA CO | KO | 39,153 | $2.7M | 0.73% |
| 37 | ISHARES TR | 46434V456 | 58,233 | $2.6M | 0.71% |
| 38 | WELLS FARGO CO NEW | 949746101 | 27,820 | $2.6M | 0.69% |
| 39 | MEDTRONIC PLC | MDT | 24,922 | $2.4M | 0.64% |
| 40 | CSW INDUSTRIALS INC | CSW | 8,015 | $2.4M | 0.63% |
| 41 | DIMENSIONAL ETF TRUST | 25434V500 | 33,485 | $2.3M | 0.63% |
| 42 | SCHWAB STRATEGIC TR | 808524797 | 83,988 | $2.3M | 0.62% |
| 43 | VANGUARD WHITEHALL FDS | 921946794 | 24,981 | $2.2M | 0.60% |
| 44 | TEXAS INSTRS INC | 882508104 | 12,928 | $2.2M | 0.60% |
| 45 | COSTCO WHSL CORP NEW | 22160K105 | 2,573 | $2.2M | 0.59% |
| 46 | META PLATFORMS INC | META | 3,321 | $2.2M | 0.59% |
| 47 | SCHWAB STRATEGIC TR | 808524805 | 84,349 | $2.0M | 0.54% |
| 48 | ISHARES INC | 46434G764 | 26,835 | $2.0M | 0.52% |
| 49 | BLACKROCK MUN TARGET TERM TR | BLK | 85,341 | $1.9M | 0.52% |
| 50 | VANGUARD INDEX FDS | 922908595 | 6,326 | $1.9M | 0.51% |
| 51 | PEPSICO INC | PEP | 12,690 | $1.8M | 0.49% |
| 52 | KKR & CO INC | KKRT | 13,785 | $1.8M | 0.47% |
| 53 | NEXTERA ENERGY INC | NEE-PW | 21,507 | $1.7M | 0.46% |
| 54 | BLACKSTONE INC | BX | 10,829 | $1.7M | 0.45% |
| 55 | BROADCOM INC | AVGO | 4,359 | $1.5M | 0.40% |
| 56 | SCHWAB CHARLES CORP | SCHW-PJ | 14,559 | $1.5M | 0.39% |
| 57 | DIMENSIONAL ETF TRUST | 25434V203 | 37,006 | $1.4M | 0.38% |
| 58 | MASTERCARD INCORPORATED | MA | 2,434 | $1.4M | 0.37% |
| 59 | BROOKFIELD CORP | 11271J107 | 29,190 | $1.3M | 0.36% |
| 60 | ILLINOIS TOOL WKS INC | 452308109 | 5,404 | $1.3M | 0.36% |
| 61 | ACCENTURE PLC IRELAND | ACN | 4,758 | $1.3M | 0.34% |
| 62 | COINBASE GLOBAL INC | COIN | 5,193 | $1.2M | 0.31% |
| 63 | MCDONALDS CORP | MCD | 3,818 | $1.2M | 0.31% |
| 64 | CATERPILLAR INC | CAT | 2,025 | $1.2M | 0.31% |
| 65 | AMPHENOL CORP NEW | 032095101 | 8,201 | $1.1M | 0.30% |
| 66 | VANGUARD WHITEHALL FDS | 921946810 | 12,040 | $1.1M | 0.30% |
| 67 | DANAHER CORPORATION | 235851102 | 4,665 | $1.1M | 0.29% |
| 68 | ISHARES TR | 464288521 | 17,918 | $1.0M | 0.27% |
| 69 | TESLA INC | TSLA | 2,252 | $1.0M | 0.27% |
| 70 | AMERICAN ELEC PWR CO INC | 025537101 | 8,669 | $999,663 | 0.27% |
| 71 | 3M CO | MMM | 6,094 | $975,649 | 0.26% |
| 72 | MOODYS CORP | MCO | 1,890 | $965,507 | 0.26% |
| 73 | SOUTHERN CO | SOMN | 10,832 | $944,553 | 0.25% |
| 74 | ABBOTT LABS | ABLZF | 7,516 | $941,680 | 0.25% |
| 75 | ISHARES TR | 464287200 | 1,372 | $939,837 | 0.25% |
| 76 | PHILIP MORRIS INTL INC | 718172109 | 5,777 | $926,631 | 0.25% |
| 77 | INTERNATIONAL BUSINESS MACHS | INTR | 2,927 | $867,085 | 0.23% |
| 78 | KINDER MORGAN INC DEL | EP-PC | 29,884 | $821,511 | 0.22% |
| 79 | DISNEY WALT CO | 254687106 | 7,102 | $807,992 | 0.22% |
| 80 | CHEVRON CORP NEW | CVX | 5,277 | $804,268 | 0.22% |
| 81 | FIFTH THIRD BANCORP | FITBM | 15,954 | $746,807 | 0.20% |
| 82 | VANGUARD INSTL INDEX FD | 922040845 | 9,857 | $743,513 | 0.20% |
| 83 | ALTRIA GROUP INC | MO | 12,892 | $743,353 | 0.20% |
| 84 | LOCKHEED MARTIN CORP | LMT | 1,515 | $732,653 | 0.20% |
| 85 | 1ST SOURCE CORP | SRCE | 11,554 | $722,009 | 0.19% |
| 86 | PIMCO ETF TR | 72201R585 | 26,747 | $713,612 | 0.19% |
| 87 | XPO INC | XPO | 5,219 | $709,314 | 0.19% |
| 88 | CHUBB LIMITED | CB | 2,258 | $704,767 | 0.19% |
| 89 | DICKS SPORTING GOODS INC | 253393102 | 3,533 | $699,428 | 0.19% |
| 90 | VERIZON COMMUNICATIONS INC | VZ | 16,711 | $680,636 | 0.18% |
| 91 | BLACKSTONE SECD LENDING FD | BX | 25,632 | $674,880 | 0.18% |
| 92 | DIGITAL RLTY TR INC | 253868103 | 4,312 | $667,110 | 0.18% |
| 93 | PFIZER INC | PFE | 25,946 | $646,055 | 0.17% |
| 94 | SS&C TECHNOLOGIES HLDGS INC | SSNC | 7,079 | $618,846 | 0.17% |
| 95 | EATON VANCE MUN INCOME 2028 | ETN | 32,775 | $612,893 | 0.16% |
| 96 | GENERAL DYNAMICS CORP | GD | 1,808 | $608,681 | 0.16% |
| 97 | GOLDMAN SACHS GROUP INC | GSCE | 691 | $607,472 | 0.16% |
| 98 | BLACKROCK INC | BLK | 500 | $535,170 | 0.14% |
| 99 | THERMO FISHER SCIENTIFIC INC | TMO | 923 | $534,832 | 0.14% |
| 100 | VANGUARD INDEX FDS | 922908751 | 2,034 | $524,759 | 0.14% |
| 101 | DIMENSIONAL ETF TRUST | 25434V302 | 16,079 | $523,684 | 0.14% |
| 102 | WASTE MGMT INC DEL | 94106L109 | 2,363 | $519,256 | 0.14% |
| 103 | STARBUCKS CORP | SBUX | 6,078 | $511,828 | 0.14% |
| 104 | BANK AMERICA CORP | 060505104 | 9,154 | $503,470 | 0.13% |
| 105 | INVESCO EXCH TRADED FD TR II | IVZ | 20,245 | $492,552 | 0.13% |
| 106 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 3,029 | $490,577 | 0.13% |
| 107 | COMCAST CORP NEW | CCZ | 15,863 | $474,145 | 0.13% |
| 108 | ISHARES TR | 46429B747 | 4,574 | $468,306 | 0.13% |
| 109 | NUVEEN MUNICIPAL CREDIT INC | NU | 37,009 | $465,573 | 0.12% |
| 110 | UNITY SOFTWARE INC | U | 10,031 | $443,069 | 0.12% |
| 111 | DIMENSIONAL ETF TRUST | 25434V831 | 11,579 | $440,344 | 0.12% |
| 112 | VEEVA SYS INC | VEEV | 1,942 | $433,513 | 0.12% |
| 113 | VANGUARD STAR FDS | 921909768 | 5,717 | $431,321 | 0.12% |
| 114 | TE CONNECTIVITY PLC | TEL | 1,892 | $430,449 | 0.12% |
| 115 | VANGUARD INDEX FDS | 922908611 | 2,012 | $426,043 | 0.11% |
| 116 | MARSH & MCLENNAN COS INC | 571748102 | 2,208 | $409,628 | 0.11% |
| 117 | AT&T INC | T-PC | 16,292 | $404,685 | 0.11% |
| 118 | INTUITIVE SURGICAL INC | ISRG | 713 | $403,815 | 0.11% |
| 119 | INTEL CORP | INTC | 10,893 | $401,952 | 0.11% |
| 120 | WELLTOWER INC | WELL | 2,095 | $388,853 | 0.10% |
| 121 | NORTHROP GRUMMAN CORP | NOC | 680 | $387,837 | 0.10% |
| 122 | DUKE ENERGY CORP NEW | DUKB | 3,306 | $387,501 | 0.10% |
| 123 | GOLDMAN SACHS ETF TR | NVGLF | 7,319 | $386,443 | 0.10% |
| 124 | J P MORGAN EXCHANGE TRADED F | 46654Q724 | 5,630 | $374,001 | 0.10% |
| 125 | UNITEDHEALTH GROUP INC | UNH | 1,116 | $368,403 | 0.10% |
| 126 | NOVARTIS AG | NVSEF | 2,647 | $364,942 | 0.10% |
| 127 | QXO INC | QXO-PB | 18,918 | $364,928 | 0.10% |
| 128 | SPDR SERIES TRUST | 78468R788 | 8,197 | $354,520 | 0.10% |
| 129 | AIR PRODS & CHEMS INC | AIIR | 1,396 | $344,840 | 0.09% |
| 130 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 6,016 | $324,503 | 0.09% |
| 131 | CUMMINS INC | CMI | 608 | $310,354 | 0.08% |
| 132 | VANGUARD MALVERN FDS | 922020805 | 6,234 | $308,334 | 0.08% |
| 133 | VANGUARD BD INDEX FDS | 921937835 | 4,125 | $305,570 | 0.08% |
| 134 | SCHWAB STRATEGIC TR | 808524870 | 11,396 | $301,880 | 0.08% |
| 135 | EMERSON ELEC CO | EMR | 2,273 | $301,673 | 0.08% |
| 136 | GXO LOGISTICS INCORPORATED | GXO | 5,569 | $293,152 | 0.08% |
| 137 | SCHWAB STRATEGIC TR | 808524706 | 8,803 | $288,308 | 0.08% |
| 138 | GE AEROSPACE | 369604301 | 921 | $283,696 | 0.08% |
| 139 | NETFLIX INC | NFLX | 2,940 | $275,654 | 0.07% |
| 140 | ISHARES TR | 46432F859 | 5,540 | $270,075 | 0.07% |
| 141 | ADVANCED MICRO DEVICES INC | AMD | 1,256 | $268,985 | 0.07% |
| 142 | ISHARES TR | 464287614 | 561 | $265,521 | 0.07% |
| 143 | INTUIT | INTU | 399 | $264,306 | 0.07% |
| 144 | EATON CORP PLC | ETN | 828 | $263,726 | 0.07% |
| 145 | CVS HEALTH CORP | CVS | 3,264 | $259,031 | 0.07% |
| 146 | VANGUARD INTL EQUITY INDEX F | 922042858 | 4,735 | $254,559 | 0.07% |
| 147 | APPLIED MATLS INC | 038222105 | 977 | $251,079 | 0.07% |
| 148 | VANGUARD WELLINGTON FD | 921935870 | 2,400 | $243,780 | 0.07% |
| 149 | MICRON TECHNOLOGY INC | MU | 845 | $241,171 | 0.06% |
| 150 | ISHARES TR | 46435U861 | 4,500 | $239,175 | 0.06% |
| 151 | ENBRIDGE INC | ENNPF | 4,760 | $227,671 | 0.06% |
| 152 | QUALCOMM INC | QCOM | 1,264 | $216,207 | 0.06% |
| 153 | COLGATE PALMOLIVE CO | CL | 2,695 | $212,959 | 0.06% |
| 154 | CADENCE DESIGN SYSTEM INC | CDNS | 669 | $209,116 | 0.06% |
| 155 | UBER TECHNOLOGIES INC | UBER | 2,504 | $204,602 | 0.05% |