SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Keeler Thomas Management LLC

CIK 0001730660 · 1327 S. 800 E., OREM, UT, 84097 · 801-226-0800

Reported Value
$270M
Q3 2023
Positions
68
Filings on Record
30
2019–present window
Filed
Oct 26, 2023
original filing

Summary

Keeler Thomas Management LLC reported $270M in U.S.-listed holdings across 68 positions for Q3 2023.

Its largest position, IBDP, represents 5.5% of the portfolio.

Compared with Q2 2023, the fund opened 11 new positions and exited 5.

Portfolio Metrics

Turnover
+5.1%
vs prior filed quarter
Top-10 Concentration
+42.3%
share of reported value
Largest Position
+5.5%
Ishares Tr
New / Exited
11 / 5
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $87MQ4 ’18Q1 ’19: $119MQ2 ’19: $125MQ3 ’19: $130MQ4 ’19: $140MQ4 ’19Q1 ’20: $85MQ2 ’20: $138MQ3 ’20: $159MQ4 ’20: $178MQ4 ’20Q1 ’21: $190MQ2 ’21: $205MQ3 ’21: $210MQ4 ’21: $231MQ4 ’21Q1 ’22: $208MQ2 ’22: $202MQ3 ’22: $197MQ4 ’22: $198MQ4 ’22Q1 ’23: $213MQ2 ’23: $248MQ3 ’23: $270MQ4 ’23: $254MQ4 ’23Q1 ’24: $292MQ2 ’24: $293MQ3 ’24: $316MQ4 ’24: $281MQ4 ’24Q1 ’25: $204MQ2 ’25: $232MQ3 ’25: $245MQ4 ’25: $210MQ4 ’25Q1 ’26: $236Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 44.7%ETP: 40.9%Other: 10.8%REIT: 2.4%ADR: 1.1%
  • Common Stock · 44.7% · $121M
  • ETP · 40.9% · $111M
  • Other · 10.8% · $29M
  • REIT · 2.4% · $6M
  • ADR · 1.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CHVCHEVRON CORP NEWNEW+22.1K22.1K+$4M$4M
MTBM & T BK CORPNEW+24.7K24.7K+$3M$3M
ISHARES TRNEW+47.1K47.1K+$2M$2M
PACER FDS TRNEW+47.9K47.9K+$2M$2M
CRWDCROWDSTRIKE HLDGS INCNEW+12.3K12.3K+$2M$2M
TOLTOLL BROTHERS INCNEW+26.4K26.4K+$2M$2M
CUZCOUSINS PPTYS INCNEW+90.1K90.1K+$2M$2M
KEYSKEYSIGHT TECHNOLOGIES INCNEW+10.7K10.7K+$1M$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IBDPISHARES TRIBONDS DEC24 ETF · IBONDS DEC25 ETF · IBONDS DEC2026 · IBONDS 24 TRM TS · IBONDS 23 TRM TS · IBONDS DEC23 ETF · EAFE VALUE ETF · IBONDS 27 ETF · IBDS DEC28 ETF · IBONDS 25 TRM TS · IBONDS DEC 29 · IBONDS DEC 2030 · MSCI INDIA ETF46.43%$126M4.94M
2BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW3.22%$9M24.9K
3COSTCOSTCO WHSL CORP NEWhistory →COM2.26%$6M10.9K
4AAPLAPPLE INChistory →COM2.17%$6M34.5K
5SCHWAB STRATEGIC TRSCHWB FDT EMK LG · US DIVIDEND EQ2.01%$5M163.7K
6UNHUNITEDHEALTH GROUP INChistory →COM1.95%$5M10.5K
7UNPUNION PAC CORPhistory →COM1.77%$5M23.5K
8EXMOCEXXON MOBIL CORPhistory →COM1.76%$5M40.4K
9FQIDIGITAL RLTY TR INChistory →COM1.70%$5M38.4K
10CMCSACOMCAST CORP NEWhistory →CL A1.68%$5M103.4K
11WMTWALMART INChistory →COM1.68%$5M28.3K
12MCDMCDONALDS CORPhistory →COM1.63%$4M9.4K
13CATCATERPILLAR INChistory →COM1.61%$4M16.2K
14BMYBRISTOL-MYERS SQUIBB COhistory →COM1.50%$4M69.4K
15FITBFIFTH THIRD BANCORPhistory →COM1.47%$4M152.0K
16EWBCEAST WEST BANCORP INChistory →COM1.47%$4M74.4K
17TXTTEXTRON INChistory →COM1.46%$4M50.8K
18GOOGLALPHABET INChistory →CAP STK CL A1.44%$4M30.2K
19DEDEERE & COhistory →COM1.44%$4M10.0K
20BLKCHFBLACKROCK INChistory →COM1.42%$4M5.8K
21VVISA INChistory →COM CL A1.41%$4M16.0K
22CHVCHEVRON CORP NEWhistory →COM1.38%$4M22.1K
23MTBM & T BK CORPhistory →COM1.24%$3M24.7K
24FISVFISERV INChistory →COM1.08%$3M23.3K
25NVONOVO-NORDISK A SADR0.98%$3M29.0K
26ADBEADOBE INCCOM0.97%$3M5.3K
27MSFTMICROSOFT CORPCOM0.95%$3M8.2K
28METAMETA PLATFORMS INCCL A0.92%$2M8.1K
29WMWASTE MGMT INC DELCOM0.76%$2M13.9K
30PACER FDS TRPACER US SMALL0.76%$2M47.9K
31CRWDCROWDSTRIKE HLDGS INCCL A0.76%$2M12.3K
32TOLTOLL BROTHERS INCCOM0.74%$2M26.4K
33CUZCOUSINS PPTYS INCCOM NEW0.70%$2M90.1K
34AMZNAMAZON COM INCCOM0.64%$2M14.5K
35MRKMERCK & CO INCCOM0.64%$2M16.7K
36NVDANVIDIA CORPORATIONCOM0.62%$2M3.9K
37KEYSKEYSIGHT TECHNOLOGIES INCCOM0.53%$1M10.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$236M118May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$210M98Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$245M105Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$232M108Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$204M76May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$281M67Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$316M68Oct 17, 202413F-HRchanges · EDGAR ↗
Q2 2024$293M66Jul 23, 202413F-HRchanges · EDGAR ↗
Q1 2024$292M66May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$254M65Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$270M68Oct 26, 202313F-HRchanges · EDGAR ↗
Q2 2023$248M62Jul 21, 202313F-HRchanges · EDGAR ↗
Q1 2023$213M69May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$198M75Jan 20, 202313F-HRchanges · EDGAR ↗
Q3 2022$197M64Oct 24, 202213F-HRchanges · EDGAR ↗
Q2 2022$202M66Jul 29, 202213F-HRchanges · EDGAR ↗
Q1 2022$208M66Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$231M72Jan 24, 202213F-HRchanges · EDGAR ↗
Q3 2021$210M73Oct 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$205M74Jul 27, 202113F-HRchanges · EDGAR ↗
Q1 2021$190M73Apr 23, 202113F-HRchanges · EDGAR ↗
Q4 2020$178M71Jan 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$159M63Nov 2, 202013F-HRchanges · EDGAR ↗
Q2 2020$138M61Jul 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$85M57Apr 17, 202013F-HRchanges · EDGAR ↗
Q4 2019$140M64Jan 21, 202013F-HRchanges · EDGAR ↗
Q3 2019$130M63Nov 4, 201913F-HRchanges · EDGAR ↗
Q2 2019$125M53Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$119M53Apr 30, 201913F-HRchanges · EDGAR ↗
Q4 2018$87M51Jan 24, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.