# WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 752365. Source: https://holderbook.com/funds/752365-walter-keenan-wealth-management-llc-in-adv/

- Reported value: $404.6M
- Positions: 169
- Weight of the ten largest: 39.1%
- Filed: 2026-08-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $26.0M | 89,982 | 6.4% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $25.5M | 21,280 | 6.3% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $20.3M | 57,541 | 5.0% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $14.8M | 39,868 | 3.6% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $13.5M | 36,279 | 3.3% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $12.8M | 39,146 | 3.2% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $11.8M | 23,522 | 2.9% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $11.6M | 16,853 | 2.9% | 21 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $10.9M | 93,101 | 2.7% | 25 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $10.9M | 30,571 | 2.7% | 31 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $10.5M | 44,478 | 2.6% | 25 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $9.8M | 338,628 | 2.4% | 25 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $9.3M | 59,518 | 2.3% | 25 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $9.3M | 82,395 | 2.3% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $8.6M | 33,867 | 2.1% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $6.8M | 34,159 | 1.7% | 14 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $6.8M | 19,788 | 1.7% | 31 |
| NORTHERN TR CORP | [NTRS](https://holderbook.com/stocks/NTRS/) | $6.1M | 34,803 | 1.5% | 25 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $6.0M | 23,876 | 1.5% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $6.0M | 8 | 1.5% | 20 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $5.8M | 36,441 | 1.4% | 31 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $5.3M | 75,642 | 1.3% | 9 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $5.2M | 27,357 | 1.3% | 25 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.5M | 19,047 | 1.1% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $4.2M | 28,752 | 1.0% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $3.9M | 12,959 | 1.0% | 25 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $3.8M | 29,479 | 0.9% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $3.6M | 9,923 | 0.9% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.6M | 26,138 | 0.9% | 25 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $3.4M | 39,919 | 0.8% | 20 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $3.3M | 9,249 | 0.8% | 31 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $3.2M | 14,622 | 0.8% | 20 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $3.2M | 56,055 | 0.8% | 12 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $3.0M | 37,267 | 0.7% | 31 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $2.9M | 58,233 | 0.7% | 4 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $2.9M | 34,947 | 0.7% | 11 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $2.7M | 26,835 | 0.7% | 9 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $2.7M | 83,955 | 0.7% | 22 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $2.6M | 7,691 | 0.6% | 25 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.4M | 2,598 | 0.6% | 31 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $2.4M | 20,387 | 0.6% | 22 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $2.4M | 23,941 | 0.6% | 25 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $2.3M | 84,470 | 0.6% | 25 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $2.3M | 27,256 | 0.6% | 31 |
| CSW INDUSTRIALS INC | [CSW](https://holderbook.com/stocks/CSW/) | $2.2M | 8,077 | 0.6% | 25 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $2.2M | 15,269 | 0.6% | 25 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $2.2M | 53,673 | 0.5% | 10 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.2M | 2,045 | 0.5% | 25 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.9M | 21,363 | 0.5% | 25 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.8M | 3,229 | 0.4% | 31 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $1.8M | 23,028 | 0.4% | 25 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.7M | 12,556 | 0.4% | 31 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $1.7M | 4,628 | 0.4% | 16 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.7M | 4,451 | 0.4% | 11 |
| BLACKROCK MUN TARGET TERM TR | [BTT](https://holderbook.com/stocks/BTT/) | $1.6M | 71,425 | 0.4% | 25 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $1.4M | 8,190 | 0.4% | 13 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.4M | 9,791 | 0.3% | 25 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $1.3M | 14,476 | 0.3% | 25 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $1.3M | 13,797 | 0.3% | 25 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $1.2M | 29,197 | 0.3% | 15 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.2M | 10,566 | 0.3% | 25 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $1.2M | 4,474 | 0.3% | 25 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $1.2M | 8,755 | 0.3% | 15 |
| ISHARES TR | [USRT](https://holderbook.com/stocks/USRT/) | $1.2M | 17,753 | 0.3% | 15 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.2M | 2,269 | 0.3% | 31 |
| VANGUARD WHITEHALL FDS | [VIGI](https://holderbook.com/stocks/VIGI/) | $1.1M | 11,980 | 0.3% | 25 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.1M | 5,879 | 0.3% | 31 |
| XPO INC | [XPO](https://holderbook.com/stocks/XPO/) | $1.0M | 5,021 | 0.3% | 13 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.0M | 1,373 | 0.3% | 15 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.0M | 886 | 0.3% | 3 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $988.7K | 10,330 | 0.2% | 25 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $984.7K | 3,643 | 0.2% | 31 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $960.9K | 30,057 | 0.2% | 16 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $952.7K | 2,265 | 0.2% | 7 |
| PIMCO ETF TR | [PYLD](https://holderbook.com/stocks/PYLD/) | $932.3K | 35,155 | 0.2% | 10 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $911.4K | 12,667 | 0.2% | 25 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $891.7K | 1,535 | 0.2% | 4 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $875.1K | 4,594 | 0.2% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $865.4K | 5,221 | 0.2% | 25 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $857.9K | 15,219 | 0.2% | 25 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $845.6K | 1,867 | 0.2% | 25 |
| GOLDMAN SACHS ETF TR | [GPIX](https://holderbook.com/stocks/GPIX/) | $832.9K | 14,988 | 0.2% | 4 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $827.3K | 2,942 | 0.2% | 25 |
| DICKS SPORTING GOODS INC | [DKS](https://holderbook.com/stocks/DKS/) | $807.2K | 3,559 | 0.2% | 22 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $791.9K | 2,324 | 0.2% | 8 |
| DIMENSIONAL ETF TRUST | [DFAE](https://holderbook.com/stocks/DFAE/) | $777.3K | 19,332 | 0.2% | 7 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $771.4K | 1,067 | 0.2% | 3 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $764.2K | 1,500 | 0.2% | 31 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $760.9K | 5,205 | 0.2% | 19 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $747.9K | 4,619 | 0.2% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $726.0K | 718 | 0.2% | 9 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $651.2K | 7,177 | 0.2% | 31 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $645.7K | 5,189 | 0.2% | 25 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $628.5K | 6,150 | 0.2% | 31 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $613.6K | 3,417 | 0.2% | 23 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $610.4K | 14,418 | 0.2% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $586.4K | 6,092 | 0.1% | 31 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $580.6K | 1,639 | 0.1% | 15 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $573.2K | 23,803 | 0.1% | 31 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $560.7K | 1,850 | 0.1% | 20 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.3% | +14.8% | -3.5% | 100% |
| Q1 2026 | -4.1% | -4.6% | +0.6% | 100% |
| Q4 2025 | +4.8% | +2.4% | +2.4% | 100% |
| Q3 2025 | +7.9% | +7.8% | +0.0% | 100% |
| Q2 2025 | +5.7% | +10.5% | -4.7% | 100% |
| Q1 2025 | -1.4% | -4.6% | +3.2% | 100% |
| Q4 2024 | +0.3% | +2.1% | -1.9% | 100% |
| Q3 2024 | +5.8% | +5.4% | +0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $404.6M | 169 |
| Q1 2026 | $355.2M | 156 |
| Q4 2025 | $373.1M | 155 |
| Q3 2025 | $360.5M | 153 |
| Q2 2025 | $344.1M | 152 |
| Q1 2025 | $332.0M | 149 |
| Q4 2024 | $330.9M | 150 |
| Q3 2024 | $329.2M | 150 |
| Q2 2024 | $314.1M | 146 |
| Q1 2024 | $305.2M | 141 |
| Q4 2023 | $279.6M | 142 |
| Q3 2023 | $256.6M | 139 |