Filed: 11/13/2025ACC: 0000752365-25-000009
📋 What this filing means
WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV filed this quarterly 13F‑HR report disclosing 153 equity positions with a total reported market value of $360.53M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
153
Positions
$360.53M
Total AUM (reported)
2.88M
Total Shares
Allocation by class
COM$194.45M53.9%
CL A$37.05M10.3%
CL B NEW$11.93M3.3%
COM CL A$10.35M2.9%
TOTAL STK MKT$10.10M2.8%
DIV APP ETF$8.97M2.5%
US BRD MKT ETF$8.52M2.4%
Portfolio Concentration
Top 3$60.34M16.7%
4–10$75.95M21.1%
11–25$85.85M23.8%
Rest$138.38M38.4%
Top 3 weight
16.7%
Top 10 weight
37.8%
Voting Authority Distribution
Total shares with voting rights: 2.88M
Sole
Full voting authority
2.88M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole153
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings153
Rows:
APPLE INC COM
SOLEShares91.06K
TypeSH
Market value$23.19M
6.43%
Sole
91.06K
Shared
0.00
None
0.00
MICROSOFT CORP COM
SOLEShares38.53K
TypeSH
Market value$19.96M
5.54%
Sole
38.53K
Shared
0.00
None
0.00
ELI LILLY & CO COM
SOLEShares22.54K
TypeSH
Market value$17.20M
4.77%
Sole
22.54K
Shared
0.00
None
0.00
ALPHABET INC CAP STK CL C
SOLEShares61.61K
TypeSH
Market value$15.00M
4.16%
Sole
61.61K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO. COM
SOLEShares39.87K
TypeSH
Market value$12.58M
3.49%
Sole
39.87K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL CL B NEW
SOLEShares23.73K
TypeSH
Market value$11.93M
3.31%
Sole
23.73K
Shared
0.00
None
0.00
VANGUARD TOTAL STOCK MARKET ETF
SOLEShares30.79K
TypeSH
Market value$10.10M
2.80%
Sole
30.78K
Shared
0.00
None
0.00
VANGUARD DIVIDEND APPRECIATION ETF
SOLEShares41.57K
TypeSH
Market value$8.97M
2.49%
Sole
41.57K
Shared
0.00
None
0.00
WALMART INC COM
SOLEShares85.86K
TypeSH
Market value$8.85M
2.45%
Sole
85.86K
Shared
0.00
None
0.00
SCHWAB U.S. BROAD MARKET ETF
SOLEShares331.38K
TypeSH
Market value$8.52M
2.36%
Sole
331.38K
Shared
0.00
None
0.00
VANGUARD TOTAL WORLD STOCK ETF
SOLEShares54.30K
TypeSH
Market value$7.48M
2.08%
Sole
54.30K
Shared
0.00
None
0.00
ALPHABET INC CAP STK CL A
SOLEShares30.54K
TypeSH
Market value$7.42M
2.06%
Sole
30.54K
Shared
0.00
None
0.00
VISA INC COM CL A
SOLEShares19.14K
TypeSH
Market value$6.53M
1.81%
Sole
19.13K
Shared
0.00
None
0.00
JOHNSON & JOHNSON COM
SOLEShares34.73K
TypeSH
Market value$6.44M
1.79%
Sole
34.73K
Shared
0.00
None
0.00
CISCO SYS INC COM
SOLEShares93.43K
TypeSH
Market value$6.39M
1.77%
Sole
93.42K
Shared
0.00
None
0.00
NVIDIA CORPORATION COM
SOLEShares32.62K
TypeSH
Market value$6.09M
1.69%
Sole
32.62K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL CL A
SOLEShares8.00
TypeSH
Market value$6.03M
1.67%
Sole
8.00
Shared
0.00
None
0.00
VANGUARD S&P 500 ETF
SOLEShares9.69K
TypeSH
Market value$5.94M
1.65%
Sole
9.69K
Shared
0.00
None
0.00
ABBVIE INC COM
SOLEShares24.66K
TypeSH
Market value$5.71M
1.58%
Sole
24.66K
Shared
0.00
None
0.00
VANGUARD HIGH DIVIDEND YIELD INDEX ETF
SOLEShares39.19K
TypeSH
Market value$5.52M
1.53%
Sole
39.19K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO COM
SOLEShares30.54K
TypeSH
Market value$4.69M
1.30%
Sole
30.54K
Shared
0.00
None
0.00
NORTHERN TR CORP COM
SOLEShares34.79K
TypeSH
Market value$4.68M
1.30%
Sole
34.78K
Shared
0.00
None
0.00
RTX CORPORATION COM
SOLEShares27.17K
TypeSH
Market value$4.55M
1.26%
Sole
27.17K
Shared
0.00
None
0.00
ORACLE CORP COM
SOLEShares15.71K
TypeSH
Market value$4.42M
1.23%
Sole
15.71K
Shared
0.00
None
0.00
DIMENSIONAL U.S. TARGETED VALUE ETF
SOLEShares67.78K
TypeSH
Market value$3.95M
1.09%
Sole
67.78K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INC COMSOLE | COM | 91.06K | SH | $23.19M 6.43% | 91.06K | 0.00 | 0.00 |
MICROSOFT CORP COMSOLE | COM | 38.53K | SH | $19.96M 5.54% | 38.53K | 0.00 | 0.00 |
ELI LILLY & CO COMSOLE | COM | 22.54K | SH | $17.20M 4.77% | 22.54K | 0.00 | 0.00 |
ALPHABET INC CAP STK CL CSOLE | CL A | 61.61K | SH | $15.00M 4.16% | 61.61K | 0.00 | 0.00 |
JPMORGAN CHASE & CO. COMSOLE | COM | 39.87K | SH | $12.58M 3.49% | 39.87K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DEL CL B NEWSOLE | CL B NEW | 23.73K | SH | $11.93M 3.31% | 23.73K | 0.00 | 0.00 |
VANGUARD TOTAL STOCK MARKET ETFSOLE | TOTAL STK MKT | 30.79K | SH | $10.10M 2.80% | 30.78K | 0.00 | 0.00 |
VANGUARD DIVIDEND APPRECIATION ETFSOLE | DIV APP ETF | 41.57K | SH | $8.97M 2.49% | 41.57K | 0.00 | 0.00 |
WALMART INC COMSOLE | COM | 85.86K | SH | $8.85M 2.45% | 85.86K | 0.00 | 0.00 |
SCHWAB U.S. BROAD MARKET ETFSOLE | US BRD MKT ETF | 331.38K | SH | $8.52M 2.36% | 331.38K | 0.00 | 0.00 |
VANGUARD TOTAL WORLD STOCK ETFSOLE | TT WRLD ST ETF | 54.30K | SH | $7.48M 2.08% | 54.30K | 0.00 | 0.00 |
ALPHABET INC CAP STK CL ASOLE | CL A | 30.54K | SH | $7.42M 2.06% | 30.54K | 0.00 | 0.00 |
VISA INC COM CL ASOLE | COM CL A | 19.14K | SH | $6.53M 1.81% | 19.13K | 0.00 | 0.00 |
JOHNSON & JOHNSON COMSOLE | COM | 34.73K | SH | $6.44M 1.79% | 34.73K | 0.00 | 0.00 |
CISCO SYS INC COMSOLE | COM | 93.43K | SH | $6.39M 1.77% | 93.42K | 0.00 | 0.00 |
NVIDIA CORPORATION COMSOLE | COM | 32.62K | SH | $6.09M 1.69% | 32.62K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DEL CL ASOLE | CL A | 8.00 | SH | $6.03M 1.67% | 8.00 | 0.00 | 0.00 |
VANGUARD S&P 500 ETFSOLE | S&P 500 ETF SHS | 9.69K | SH | $5.94M 1.65% | 9.69K | 0.00 | 0.00 |
ABBVIE INC COMSOLE | COM | 24.66K | SH | $5.71M 1.58% | 24.66K | 0.00 | 0.00 |
VANGUARD HIGH DIVIDEND YIELD INDEX ETFSOLE | HIGH DIV YLD | 39.19K | SH | $5.52M 1.53% | 39.19K | 0.00 | 0.00 |
PROCTER AND GAMBLE CO COMSOLE | COM | 30.54K | SH | $4.69M 1.30% | 30.54K | 0.00 | 0.00 |
NORTHERN TR CORP COMSOLE | COM | 34.79K | SH | $4.68M 1.30% | 34.78K | 0.00 | 0.00 |
RTX CORPORATION COMSOLE | COM | 27.17K | SH | $4.55M 1.26% | 27.17K | 0.00 | 0.00 |
ORACLE CORP COMSOLE | COM | 15.71K | SH | $4.42M 1.23% | 15.71K | 0.00 | 0.00 |
DIMENSIONAL U.S. TARGETED VALUE ETFSOLE | US TARGETED VLU | 67.78K | SH | $3.95M 1.09% | 67.78K | 0.00 | 0.00 |
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