13F COMBINATION REPORT
KEATING INVESTMENT COUNSELORS INC
Quarter ended Q1 2025 · Filed May 12, 2025 · Accession 0001020580-25-000006
Total Value
$331.6M
Positions
65
Other Managers
0
Confidential Omitted
No
Holdings (65)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Keating Active ETF | 02072L268 | 3,138,748 | $84.8M | 25.56% |
| 2 | iShares 0-5 year TIPS Bond ETF | 46429B747 | 504,998 | $52.3M | 15.76% |
| 3 | SPDR Bloomberg 1-3 Month T-Bil | 78468R663 | 270,640 | $24.8M | 7.49% |
| 4 | Agnico Eagle Mines Limited | AEM | 111,754 | $12.1M | 3.65% |
| 5 | Barrick Gold Corp | 067901108 | 529,236 | $10.3M | 3.10% |
| 6 | Oceaneering International Inc | 675232102 | 387,233 | $8.4M | 2.55% |
| 7 | GSK PLC | GLAXF | 188,806 | $7.3M | 2.21% |
| 8 | TotalEnergies SE | TTE | 111,457 | $7.2M | 2.17% |
| 9 | Vodafone Group PLC New-SP ADR | 92857W308 | 761,409 | $7.1M | 2.15% |
| 10 | Equinor ASA | STOHF | 260,950 | $6.9M | 2.08% |
| 11 | Verizon Communications Inc | VZ | 151,937 | $6.9M | 2.08% |
| 12 | Suncor Energy Inc | SU | 174,469 | $6.8M | 2.04% |
| 13 | Carrefour SA | CRERF | 2,329,300 | $6.7M | 2.01% |
| 14 | Unilever PLC | UNLYF | 103,888 | $6.2M | 1.87% |
| 15 | Philip Morris Intl Inc | 718172109 | 37,922 | $6.0M | 1.82% |
| 16 | Lockheed Martin Corp | LMT | 11,933 | $5.3M | 1.61% |
| 17 | Liberty Global PLC | LBTYK | 443,122 | $5.3M | 1.60% |
| 18 | Molson Coors Beverage | TAP-A | 79,562 | $4.8M | 1.46% |
| 19 | J Sainsbury PLC | 466249208 | 345,990 | $4.2M | 1.28% |
| 20 | Home Depot Inc | HD | 11,299 | $4.1M | 1.25% |
| 21 | Nutrien Ltd | NTR | 80,393 | $4.0M | 1.20% |
| 22 | Talos Energy Inc | TALO | 403,140 | $3.9M | 1.18% |
| 23 | Cal-Maine Foods Inc | CALM | 40,726 | $3.7M | 1.12% |
| 24 | Sunrise Communications CL A Sh | SNNRF | 72,048 | $3.5M | 1.05% |
| 25 | SLB | SLB | 75,482 | $3.2M | 0.95% |
| 26 | Pan American Silver Corp | 697900108 | 106,385 | $2.7M | 0.83% |
| 27 | Lamb Weston Holdings Inc | LW | 47,287 | $2.5M | 0.76% |
| 28 | United Parcel Service Inc | UPS | 22,891 | $2.5M | 0.76% |
| 29 | Exxon Mobil Corp | XOM | 20,927 | $2.5M | 0.75% |
| 30 | Johnson & Johnson | JNJ | 12,535 | $2.1M | 0.63% |
| 31 | Weyerhaeuser Co. | WY | 63,739 | $1.9M | 0.56% |
| 32 | Thermo Fisher Scientific Inc | TMO | 3,031 | $1.5M | 0.45% |
| 33 | Transocean Ltd. | RIG | 456,450 | $1.4M | 0.44% |
| 34 | Stryker Corp | SYK | 3,480 | $1.3M | 0.39% |
| 35 | Chevron Corp | CVX | 7,171 | $1.2M | 0.36% |
| 36 | Costco Whsl Corp New | COST | 1,260 | $1.2M | 0.36% |
| 37 | 3M Co | MMM | 8,000 | $1.2M | 0.35% |
| 38 | PepsiCo Inc | PEP | 7,130 | $1.1M | 0.32% |
| 39 | VanEck Gold Miners ETF | 92189F106 | 21,350 | $981,460 | 0.30% |
| 40 | Disney Walt Co | 254687106 | 9,051 | $893,337 | 0.27% |
| 41 | Newmont Corporation | NEMCL | 17,479 | $843,886 | 0.25% |
| 42 | Dover Corp | DOV | 4,500 | $790,560 | 0.24% |
| 43 | ConocoPhillips | COP | 7,201 | $756,286 | 0.23% |
| 44 | Apple Inc | AAPL | 3,302 | $733,473 | 0.22% |
| 45 | Bristol Myers Squibb Co | CELG-RI | 11,417 | $696,323 | 0.21% |
| 46 | Honeywell Intl Inc | 438516106 | 2,855 | $604,546 | 0.18% |
| 47 | Hess Corporation | HESM | 3,438 | $549,152 | 0.17% |
| 48 | JPMorgan Chase & Co | VYLD | 2,185 | $535,981 | 0.16% |
| 49 | O'Reilly Automotive New | 67103H107 | 357 | $511,431 | 0.15% |
| 50 | Microsoft Corp | MSFT | 1,095 | $411,052 | 0.12% |
| 51 | McDonalds Corp | MCD | 1,290 | $402,957 | 0.12% |
| 52 | Coca-Cola Co | KO | 5,500 | $393,910 | 0.12% |
| 53 | AbbVie Inc | ABBV | 1,810 | $379,231 | 0.11% |
| 54 | Shell PLC | RYDAF | 4,675 | $342,584 | 0.10% |
| 55 | Intel Corp | INTC | 14,335 | $325,548 | 0.10% |
| 56 | Berkshire Hathaway Class B | BRK-A | 575 | $306,234 | 0.09% |
| 57 | Lowe's Companies Inc. | 548661107 | 1,280 | $298,534 | 0.09% |
| 58 | Meta Platforms Inc | META | 502 | $289,491 | 0.09% |
| 59 | Emerson Elec Co | EMR | 2,525 | $276,841 | 0.08% |
| 60 | Amphenol Corporation | 032095101 | 4,000 | $262,360 | 0.08% |
| 61 | Altria Group Inc | MO | 3,897 | $233,898 | 0.07% |
| 62 | Phillips 66 | PSX | 1,870 | $230,908 | 0.07% |
| 63 | Abbott Laboratories | ABLZF | 1,559 | $206,801 | 0.06% |
| 64 | Becton Dickinson & Co. | BDX | 900 | $206,154 | 0.06% |
| 65 | NovaGold Resources Inc | 66987E206 | 61,000 | $178,120 | 0.05% |