SEC 13F Intelligence

Managers / Q1 2026

Keenan, LLC

CIK 0002111703 · 7 BULFINCH PL, SUITE 302, BOSTON, MA, 02114 · (978) 270-1193

Reported Value
$119M
Q1 2026
Positions
42
Filings on Record
3
2019–present window
Filed
Apr 23, 2026
original filing

Summary

Keenan, LLC reported $119M in U.S.-listed holdings across 42 positions for Q1 2026.

Its largest position, Ishares Tr, represents 13.9% of the portfolio.

Compared with Q4 2025, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+10.0%
vs prior filed quarter
Top-10 Concentration
+78.4%
share of reported value
Largest Position
+13.9%
Ishares Tr
New / Exited
3 / 1
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 ’25: $109MQ4 ’25Q1 ’26: $119MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 94.6%Common Stock: 4.7%Other: 0.4%ADR: 0.3%
  • ETP · 94.6% · $112M
  • Common Stock · 4.7% · $6M
  • Other · 0.4% · $446,908
  • ADR · 0.3% · $324,341

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FIDELITY MERRIMACK STR TRNEW+133.6K133.6K+$6M$6M
ASTRAZENECA PLCNEW+2.3K2.3K+$446,908$446,908
GOOGLALPHABET INCNEW+739739+$212,506$212,506
FIDELITY COVINGTON TRUSTADDED+321.9K321.9K+$5M$16M
ISHARES TRADDED+9.8K9.8K$693,351$1M
CGDVUSDCAPITAL GROUP DIVIDEND VALUEADDED+253.8K253.9K+$2M$11M
ISHARES TRADDED+15.1K15.1K$780,773$2M
ISHARES TRADDED+120.1K120.1K+$2M$12M

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

Holdings — Q1 2026

24 positions
#IssuerClass% PortfolioValueShares
1ISHARES TRCORE S&P500 ETF · CORE S&P US VLU · CORE S&P MCP ETF · CORE DIV GRWTH · S&P 500 GRWT ETF · CORE S&P US GWT · CORE US AGGBD ET · CORE S&P SCP ETF · S&P MC 400GR ETF · S&P MC 400VL ETF · SP SMCP600VL ETF · S&P SML 600 GWT · CORE UNIVRSL USD · NATIONAL MUN ETF · CORE MSCI EAFE · MSCI EAFE MIN VL50.76%$60M503.0K
2FIDELITY COVINGTON TRUSTBLUE CHIP GRWTH · FUNDAMENTAL SMAL21.63%$26M612.0K
3CGDVUSDCAPITAL GROUP DIVIDEND VALUEhistory →SHS CREATION UNI9.08%$11M253.9K
4FIDELITY MERRIMACK STR TRTOTAL BD ETF5.15%$6M133.6K
5FIDELITY COMWLTH TRNASDAQ COMPSIT3.83%$5M53.9K
6PGIM ETF TRACTV HY BD ETF2.45%$3M84.1K
7AAPLAPPLE INChistory →COM1.21%$1M5.7K
8SCHWAB STRATEGIC TRUS LCAP GR ETF · US LRG CAP ETF · FUNDAMENTAL US L0.94%$1M40.7K
9NVDANVIDIA CORPORATIONCOM0.73%$868,3515.0K
10AMZNAMAZON COM INCCOM0.56%$660,6323.2K
11ISHARES INCCORE MSCI EMKT0.45%$531,8547.6K
12JNJJOHNSON & JOHNSONCOM0.43%$514,2182.1K
13ASTRAZENECA PLCORD0.38%$446,9082.3K
14BFLYBUTTERFLY NETWORK INCCOM CL A0.30%$360,26789.2K
15CHWYCHEWY INCCL A0.30%$359,07313.3K
16IM8NINSMED INCCOM PAR $.010.29%$346,8262.1K
17TAKEDA PHARMACEUTICAL CO LTDSPONSORED ADS0.27%$324,34117.5K
18AMDADVANCED MICRO DEVICES INCCOM0.24%$282,9711.4K
19MSFTMICROSOFT CORPCOM0.23%$272,668737
20METAMETA PLATFORMS INCCL A0.18%$215,296376
21SPDR SERIES TRUSTSTATE STREET SPD0.18%$212,5143.8K
22GOOGLALPHABET INCCAP STK CL A0.18%$212,506739
23VANGUARD INDEX FDSTOTAL STK MKT0.17%$202,603632
24CLNECLEAN ENERGY FUELS CORPCOM0.05%$63,52825.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$119M42Apr 23, 202613F-HRchanges · EDGAR ↗
Q4 2025$109M40Feb 20, 202613F-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 ↗.