Keene & Associates 13F annual report
Keene & Associates is an investment fund managing more than $123 billion ran by John Keene. There are currently 74 companies in Mr. Keene’s portfolio. The largest investments include Walmart Inc and Microsoft, together worth $9.29 billion.
$123 billion Assets Under Management (AUM)
As of 2nd August 2024, Keene & Associates’s top holding is 69,410 shares of Walmart Inc currently worth over $4.7 billion and making up 3.8% of the portfolio value.
Relative to the number of outstanding shares of Walmart Inc, Keene & Associates owns more than approximately 0.1% of the company.
In addition, the fund holds 10,267 shares of Microsoft worth $4.59 billion, whose value fell 4.2% in the past six months.
The third-largest holding is Fedex Corp worth $4.31 billion and the next is Newmont Corp worth $4.13 billion, with 98,529 shares owned.
Currently, Keene & Associates's portfolio is worth at least $123 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Keene & Associates
The Keene & Associates office and employees reside in Fort Worth, Texas. According to the last 13-F report filed with the SEC, John Keene serves as the Chief Compliance Officer at Keene & Associates.
Recent trades
In the most recent 13F filing, Keene & Associates revealed that it had opened a new position in
Kinder Morgan Inc and bought 172,775 shares worth $3.43 billion.
This means they effectively own approximately 0.1% of the company.
Kinder Morgan Inc makes up
26.0%
of the fund's Energy sector allocation and has grown its share price by 20.1% in the past year.
The investment fund also strengthened its position in Fedex Corp by buying
126 additional shares.
This makes their stake in Fedex Corp total 14,375 shares worth $4.31 billion.
Fedex Corp soared 4.9% in the past year.
On the other hand, there are companies that Keene & Associates is getting rid of from its portfolio.
Keene & Associates closed its position in Kroger Co on 9th August 2024.
It sold the previously owned 60,673 shares for $3.47 billion.
John Keene also disclosed a decreased stake in Walmart Inc by approximately 0.1%.
This leaves the value of the investment at $4.7 billion and 69,410 shares.
One of the smallest hedge funds
The two most similar investment funds to Keene & Associates are Hps Investment Partners and Birchview Capital, L.P.. They manage $123 billion and $122 billion respectively.
John Keene investment strategy
Keene & Associates’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Staples — making up 15.9% of
the total portfolio value.
The fund focuses on investments in the United States as
60.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
46% of the total holdings value.
On the other hand, small-cap stocks make up only 1.4% of the portfolio.
The average market cap of the portfolio companies is close to $167 billion.
The complete list of Keene & Associates trades based on 13F SEC filings
These positions were updated on August 9th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Walmart Inc |
3.35%
69,410
|
$4,699,751,000 | 3.83% |
| Microsoft Corporation |
2.40%
10,267
|
$4,588,640,000 | 3.74% |
| Fedex Corp |
0.88%
14,375
|
$4,310,200,000 | 3.51% |
| Newmont Corp |
1.96%
98,529
|
$4,125,409,000 | 3.36% |
| Oracle Corp. |
2.00%
27,671
|
$3,907,145,000 | 3.19% |
| Corning, Inc. |
1.93%
96,336
|
$3,742,654,000 | 3.05% |
| Unilever plc |
0.54%
65,128
|
$3,581,389,000 | 2.92% |
| Ingredion Inc |
1.45%
31,091
|
$3,566,138,000 | 2.91% |
| Barrick Gold Corp. |
0.17%
211,846
|
$3,533,591,000 | 2.88% |
| Kroger Co. |
Closed
60,673
|
$3,466,248,000 | |
| Cisco Sys Inc |
2.29%
72,812
|
$3,459,306,000 | 2.82% |
| Verizon Communications Inc |
0.27%
83,498
|
$3,443,458,000 | 2.81% |
| Kinder Morgan Inc |
Opened
172,775
|
$3,433,039,000 | 2.80% |
| General Dynamics Corp. |
3.13%
11,804
|
$3,424,813,000 | 2.79% |
| Kimberly-Clark Corp. |
1.12%
24,761
|
$3,421,970,000 | 2.79% |
| Devon Energy Corp. |
0.97%
72,101
|
$3,417,589,000 | 2.79% |
| Evergy Inc |
0.97%
64,308
|
$3,406,395,000 | 2.78% |
| Tyson Foods, Inc. |
0.17%
59,195
|
$3,382,402,000 | 2.76% |
| Disney Walt Co |
0.03%
33,804
|
$3,356,399,000 | 2.74% |
| Duke Energy Corp. |
0.43%
33,017
|
$3,309,294,000 | 2.70% |
| Schlumberger Ltd. |
3.07%
68,984
|
$3,254,665,000 | 2.65% |
| Merck Co Inc |
21.58%
26,185
|
$3,241,703,000 | 2.64% |
| BorgWarner Inc |
0.71%
97,240
|
$3,135,018,000 | 2.56% |
| Pfizer Inc. |
0.48%
111,687
|
$3,125,005,000 | 2.55% |
| Pepsico Inc |
0.46%
18,941
|
$3,123,907,000 | 2.55% |
| Medtronic Plc |
0.27%
38,814
|
$3,055,050,000 | 2.49% |
| Nutrien Ltd |
0.38%
56,641
|
$2,883,593,000 | 2.35% |
| Intel Corp. |
14.62%
90,114
|
$2,790,831,000 | 2.28% |
| Johnson Johnson |
1.00%
19,063
|
$2,786,248,000 | 2.27% |
| Chevron Corp. |
35.57%
17,703
|
$2,769,103,000 | 2.26% |
| Bristol-Myers Squibb Co. |
2.11%
60,313
|
$2,504,799,000 | 2.04% |
| The Southern Co. |
Closed
25,833
|
$1,853,244,000 | |
| Spdr Gold Tr |
0.62%
5,135
|
$1,104,076,000 | 0.90% |
| Deere Co |
Closed
2,448
|
$1,005,492,000 | |
| Zebra Technologies Corporati |
1.80%
2,767
|
$854,809,000 | 0.70% |
| Scotts Miracle-Gro Company |
0.85%
12,940
|
$841,876,000 | 0.69% |
| Corteva Inc |
6.03%
15,519
|
$837,095,000 | 0.68% |
| Haemonetics Corp Mass |
1.23%
9,876
|
$817,041,000 | 0.67% |
| Pimco Etf Tr |
24.86%
12,075
|
$1,218,880,000 | 0.99% |
| Mckesson Corporation |
Closed
1,239
|
$665,157,000 | |
| Schwab Charles Corp |
0.94%
8,711
|
$641,914,000 | 0.52% |
| Alphabet Inc |
1.42%
3,406
|
$620,428,000 | 0.51% |
| Standex Intl Corp |
Closed
3,378
|
$615,545,000 | |
| Jpmorgan Chase Co. |
3.34%
3,041
|
$615,073,000 | 0.50% |
| Weyerhaeuser Co Mtn Be |
Closed
16,291
|
$585,015,000 | |
| Kirby Corp. |
18.26%
4,829
|
$578,176,000 | 0.47% |
| Honeywell International Inc |
Closed
2,748
|
$564,027,000 | |
| Exxon Mobil Corp. |
Closed
4,707
|
$547,086,000 | |
| Occidental Pete Corp |
9.97%
8,572
|
$540,316,000 | 0.44% |
| Ge Vernova Inc |
Opened
3,140
|
$538,541,000 | 0.44% |
| Matrix Svc Co |
4.25%
54,055
|
$536,766,000 | 0.44% |
| Cullen Frost Bankers Inc. |
16.33%
5,151
|
$523,496,000 | 0.43% |
| Home Depot, Inc. |
4.77%
1,516
|
$521,868,000 | 0.43% |
| Vanguard Scottsdale Fds |
0.24%
8,262
|
$479,113,000 | 0.39% |
| Revvity Inc. |
17.50%
4,553
|
$477,428,000 | 0.39% |
| Energy Recovery Inc |
15.58%
34,615
|
$460,033,000 | 0.38% |
| Apple Inc |
5.81%
2,125
|
$447,641,000 | 0.37% |
| Boeing Co. |
12.39%
2,313
|
$420,989,000 | 0.34% |
| Juniper Networks Inc |
3.84%
11,485
|
$418,743,000 | 0.34% |
| RPM International, Inc. |
Closed
3,427
|
$407,685,000 | |
| Treehouse Foods Inc |
Opened
10,485
|
$384,170,000 | 0.31% |
| Procter And Gamble Co |
Closed
2,361
|
$383,002,000 | |
| Avanos Med Inc |
16.11%
18,635
|
$371,209,000 | 0.30% |
| FMC Corp. |
0.08%
6,340
|
$364,867,000 | 0.30% |
| Mosaic Co New |
25.82%
12,280
|
$354,892,000 | 0.29% |
| Argan, Inc. |
74.46%
4,845
|
$354,460,000 | 0.29% |
| Flowers Foods, Inc. |
7.44%
15,515
|
$344,433,000 | 0.28% |
| Universal Corp Va |
3.24%
7,005
|
$337,571,000 | 0.28% |
| Henry Schein Inc. |
14.32%
5,150
|
$330,115,000 | 0.27% |
| Royal Gold, Inc. |
0.19%
2,615
|
$327,293,000 | 0.27% |
| Ralph Lauren Corp |
21.81%
1,853
|
$324,386,000 | 0.26% |
| Cheniere Energy Inc. |
2.78%
1,848
|
$323,086,000 | 0.26% |
| Elanco Animal Health Inc |
8.86%
21,705
|
$313,203,000 | 0.26% |
| NiSource Inc |
1.99%
10,740
|
$309,419,000 | 0.25% |
| Proshares Tr Ii |
No change
4,000
|
$308,160,000 | 0.25% |
| Heidrick Struggles Intl In |
4.76%
9,565
|
$302,063,000 | 0.25% |
| Smith Nephew Plc |
13.15%
11,700
|
$289,926,000 | 0.24% |
| Synaptics Inc |
17.32%
3,285
|
$289,737,000 | 0.24% |
| Helmerich Payne Inc |
11.25%
7,760
|
$280,446,000 | 0.23% |
| Direxion Shs Etf Tr |
No change
7,476
|
$268,314,000 | 0.22% |
| Lifecore Biomedical Inc |
No change
22,410
|
$114,963,000 | 0.09% |
| Novagold Res Inc |
No change
10,000
|
$34,600,000 | 0.03% |
| New Gold Inc Cda |
No change
10,000
|
$19,500,000 | 0.02% |
| Vista Gold Corp. |
No change
11,200
|
$5,208,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 84 holdings | |||
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