13F COMBINATION REPORT
KEATING INVESTMENT COUNSELORS INC
Quarter ended Q2 2025 · Filed August 7, 2025 · Accession 0001020580-25-000008
Total Value
$330.8M
Positions
61
Other Managers
0
Confidential Omitted
No
Holdings (61)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Keating Active ETF | 02072L268 | 3,132,577 | $84.7M | 25.60% |
| 2 | iShares 0-5 year TIPS Bond ETF | 46429B747 | 560,198 | $57.7M | 17.42% |
| 3 | SPDR Bloomberg 1-3 Month T-Bil | 78468R663 | 280,565 | $25.7M | 7.78% |
| 4 | Agnico Eagle Mines Limited | AEM | 109,016 | $13.0M | 3.92% |
| 5 | Barrick Mining Corporation | 06849F108 | 519,436 | $10.8M | 3.27% |
| 6 | Vodafone Group PLC New-SP ADR | 92857W308 | 753,784 | $8.0M | 2.43% |
| 7 | Oceaneering International Inc | 675232102 | 385,023 | $8.0M | 2.41% |
| 8 | GSK PLC | GLAXF | 186,801 | $7.2M | 2.17% |
| 9 | TotalEnergies SE | TTE | 110,542 | $6.8M | 2.05% |
| 10 | Equinor ASA | STOHF | 265,500 | $6.7M | 2.02% |
| 11 | Carrefour SA | CRERF | 2,336,275 | $6.7M | 2.01% |
| 12 | Suncor Energy Inc | SU | 174,269 | $6.5M | 1.97% |
| 13 | Verizon Communications Inc | VZ | 150,043 | $6.5M | 1.96% |
| 14 | Unilever PLC | UNLYF | 102,348 | $6.3M | 1.89% |
| 15 | Philip Morris Intl Inc | 718172109 | 32,839 | $6.0M | 1.81% |
| 16 | J Sainsbury PLC | 466249208 | 353,175 | $5.7M | 1.72% |
| 17 | Lockheed Martin Corp | LMT | 11,708 | $5.4M | 1.64% |
| 18 | Liberty Global PLC | LBTYK | 459,472 | $4.7M | 1.43% |
| 19 | Sunrise Communications CL A Sh | SNNRF | 71,263 | $4.0M | 1.22% |
| 20 | Cal-Maine Foods Inc | CALM | 39,376 | $3.9M | 1.19% |
| 21 | Home Depot Inc | HD | 10,644 | $3.9M | 1.18% |
| 22 | Molson Coors Beverage | TAP-A | 78,812 | $3.8M | 1.15% |
| 23 | Talos Energy Inc | TALO | 436,650 | $3.7M | 1.12% |
| 24 | Pan American Silver Corp | 697900108 | 115,220 | $3.3M | 0.99% |
| 25 | SLB | SLB | 74,057 | $2.5M | 0.76% |
| 26 | Lamb Weston Holdings Inc | LW | 46,877 | $2.4M | 0.73% |
| 27 | United Parcel Service Inc | UPS | 22,506 | $2.3M | 0.69% |
| 28 | Exxon Mobil Corp | XOM | 18,844 | $2.0M | 0.61% |
| 29 | Johnson & Johnson | JNJ | 11,245 | $1.7M | 0.52% |
| 30 | Weyerhaeuser Co. | WY | 56,934 | $1.5M | 0.44% |
| 31 | Stryker Corp | SYK | 3,480 | $1.4M | 0.42% |
| 32 | Transocean Ltd. | RIG | 494,750 | $1.3M | 0.39% |
| 33 | Costco Whsl Corp New | COST | 1,250 | $1.2M | 0.37% |
| 34 | Thermo Fisher Scientific Inc | TMO | 2,976 | $1.2M | 0.36% |
| 35 | VanEck Gold Miners ETF | 92189F106 | 21,350 | $1.1M | 0.34% |
| 36 | Chevron Corp | CVX | 7,171 | $1.0M | 0.31% |
| 37 | Newmont Corporation | NEMCL | 16,979 | $989,197 | 0.30% |
| 38 | PepsiCo Inc | PEP | 7,130 | $941,445 | 0.28% |
| 39 | Disney Walt Co | 254687106 | 7,050 | $874,319 | 0.26% |
| 40 | 3M Co | MMM | 5,139 | $782,361 | 0.24% |
| 41 | Apple Inc | AAPL | 3,426 | $702,912 | 0.21% |
| 42 | JPMorgan Chase & Co | VYLD | 2,285 | $662,444 | 0.20% |
| 43 | Dover Corp | DOV | 3,500 | $641,305 | 0.19% |
| 44 | ConocoPhillips | COP | 6,901 | $619,327 | 0.19% |
| 45 | Honeywell Intl Inc | 438516106 | 2,550 | $593,844 | 0.18% |
| 46 | Microsoft Corp | MSFT | 1,148 | $571,027 | 0.17% |
| 47 | O'Reilly Automotive New | 67103H107 | 5,355 | $482,646 | 0.15% |
| 48 | Hess Corporation | HESM | 3,438 | $476,301 | 0.14% |
| 49 | Amphenol Corporation | 032095101 | 4,000 | $395,000 | 0.12% |
| 50 | Bristol Myers Squibb Co | CELG-RI | 8,417 | $389,623 | 0.12% |
| 51 | McDonalds Corp | MCD | 1,290 | $376,899 | 0.11% |
| 52 | Meta Platforms Inc | META | 503 | $370,994 | 0.11% |
| 53 | AbbVie Inc | ABBV | 1,946 | $361,217 | 0.11% |
| 54 | Shell PLC | RYDAF | 4,375 | $308,044 | 0.09% |
| 55 | Lowe's Companies Inc. | 548661107 | 1,280 | $283,994 | 0.09% |
| 56 | Berkshire Hathaway Class B | BRK-A | 575 | $279,318 | 0.08% |
| 57 | NovaGold Resources Inc | 66987E206 | 67,475 | $275,973 | 0.08% |
| 58 | Intel Corp | INTC | 11,110 | $248,864 | 0.08% |
| 59 | Amazon Com Inc | AMZN | 1,057 | $231,895 | 0.07% |
| 60 | Altria Group Inc | MO | 3,797 | $222,618 | 0.07% |
| 61 | Intuit Inc | INTU | 266 | $209,510 | 0.06% |