CIK: 1647363
KEENAN CAPITAL, LLC
Address: 1229 BURLINGAME AVENUE, SUITE 201, BURLINGAME, CA 94010
α Alpha 0.8600↭ Flow 0.1300Pure Active
10holdings (Q4 2025)
$0.55B13F reported value
+2 NEW+1 INCREASED-5 DECREASED-1 EXITED1 UNCHANGED
Total (Q4 25): $549,005,142
Top Holdings by Value
Position Changes (Q4 vs Q3)
Top 15 Positions ($)
Historical AUM (13F Reported)
$0.39B-$0.16B QoQPortfolio Value History (13F Reported)
Quarterly 13F portfolio value. QoQ change reflects value of disclosed long equity positions (new buys, sells, and price movements combined).
| Quarter | Portfolio Value | QoQ Change | QoQ % |
|---|---|---|---|
| Q4 25 | $0.55B | +$0.04B | +7.2% |
| Q3 25 | $0.51B | +$0.08B | +19.6% |
| Q2 25 | $0.43B | $-0.01B | -1.5% |
| Q1 25 | $0.43B | $-0.06B | -12.1% |
| Q4 24 | $0.50B | +$0.04B | +9.6% |
| Q3 24 | $0.45B | +$0.04B | +10.6% |
| Q2 24 | $0.41B | +$0.02B | +4.6% |
| Q1 24 | $0.39B | $-0.03B | -8.0% |
| Q4 23 | $0.42B | $-0.14B | -25.1% |
| Q3 23 | $0.57B | +$0.01B | +1.5% |
| Q2 23 | $0.56B | +$0.01B | +1.3% |
| Q1 23 | $0.55B | — | — |
QoQ = (quarter 13F value − prior quarter value) ÷ prior quarter value. Includes position changes, new buys, and exits. Not investment advice.
Information for Viewing 13F Reports:
- Name: The name of the company.
- CUSIP: A unique 9-character alphanumeric code that identifies a specific stock or security in the U.S.
- Class: The investment company's series name. A registered investment company may have multiple series, each with a separate securities portfolio.
- Value: The monetary value of the holdings in USD.
- Shares: The number of shares held.
- Share Price: The price of shares at the time of filing.
- Investment: The type of investment.
- % of Portfolio: The percentage that this position represents in the total portfolio.
| Quarter | Period of Report | Holdings | Value | Type | Filling Date | Filling ID |
|---|---|---|---|---|---|---|
| Q4 25 | 31-Dec-2025 | 9 | $549,005,142 | 13F-HR | 13-Feb-2026 | 0001420506-26-000341 |
| Q3 25 | 30-Sep-2025 | 8 | $512,278,427 | 13F-HR | 14-Nov-2025 | 0001420506-25-003270 |
| Q2 25 | 30-Jun-2025 | 8 | $428,264,197 | 13F-HR | 14-Aug-2025 | 0001420506-25-002122 |
| Q1 25 | 31-Mar-2025 | 10 | $434,920,653 | 13F-HR | 15-May-2025 | 0001420506-25-001204 |
| Q4 24 | 31-Dec-2024 | 10 | $495,013,174 | 13F-HR | 14-Feb-2025 | 0001420506-25-000518 |
| Q3 24 | 30-Sep-2024 | 9 | $451,647,078 | 13F-HR | 14-Nov-2024 | 0001420506-24-002485 |
| Q2 24 | 30-Jun-2024 | 9 | $408,446,746 | 13F-HR | 14-Aug-2024 | 0001420506-24-001489 |
| Q1 24 | 31-Mar-2024 | 9 | $390,441,197 | 13F-HR | 15-May-2024 | 0001420506-24-000915 |
| Q4 23 | 31-Dec-2023 | 9 | $424,337,888 | 13F-HR | 14-Feb-2024 | 0001420506-24-000387 |
| Q3 23 | 30-Sep-2023 | 10 | $566,565,849 | 13F-HR | 14-Nov-2023 | 0001420506-23-002119 |
| Q2 23 | 30-Jun-2023 | 10 | $558,272,908 | 13F-HR | 14-Aug-2023 | 0001420506-23-001635 |
| Q1 23 | 31-Mar-2023 | 12 | $550,874,479 | 13F-HR | 15-May-2023 | 0001420506-23-001108 |
| Q4 22 | 31-Dec-2022 | 12 | $498,637,658 | 13F-HR | 14-Feb-2023 | 0001420506-23-000692 |
| Q3 22 | 30-Sep-2022 | 12 | $526,362,000 | 13F-HR | 14-Nov-2022 | 0001420506-22-002309 |
| Q2 22 | 30-Jun-2022 | 11 | $525,502,000 | 13F-HR | 15-Aug-2022 | 0001420506-22-001768 |
| Q1 22 | 31-Mar-2022 | 13 | $714,746,000 | 13F-HR | 16-May-2022 | 0001420506-22-001083 |
| Q4 21 | 31-Dec-2021 | 15 | $791,802,000 | 13F-HR | 14-Feb-2022 | 0001420506-22-000443 |
| Q3 21 | 30-Sep-2021 | 15 | $720,696,000 | 13F-HR | 15-Nov-2021 | 0001420506-21-001602 |
| Q2 21 | 30-Jun-2021 | 14 | $729,573,000 | 13F-HR | 16-Aug-2021 | 0001420506-21-001192 |
| Q1 21 | 31-Mar-2021 | 13 | $601,433,000 | 13F-HR | 17-May-2021 | 0001420506-21-000746 |
| Q4 20 | 31-Dec-2020 | 13 | $617,580,000 | 13F-HR | 16-Feb-2021 | 0001387131-21-002422 |
| Q3 20 | 30-Sep-2020 | 13 | $498,086,000 | 13F-HR | 16-Nov-2020 | 0001387131-20-009960 |
| Q2 20 | 30-Jun-2020 | 13 | $507,250,000 | 13F-HR | 14-Aug-2020 | 0001387131-20-007440 |
| Q1 20 | 31-Mar-2020 | 14 | $366,198,000 | 13F-HR | 15-May-2020 | 0001387131-20-004803 |
| Q4 19 | 31-Dec-2019 | 13 | $304,368,000 | 13F-HR | 14-Feb-2020 | 0001387131-20-001600 |
| Q3 19 | 30-Sep-2019 | 15 | $275,560,000 | 13F-HR | 14-Nov-2019 | 0001387131-19-008656 |
| Q2 19 | 30-Jun-2019 | 12 | $249,906,000 | 13F-HR | 14-Aug-2019 | 0001387131-19-006065 |
| Q1 19 | 31-Mar-2019 | 12 | $229,791,000 | 13F-HR | 15-May-2019 | 0001387131-19-003637 |
| Q4 18 | 31-Dec-2018 | 13 | $183,212,000 | 13F-HR | 14-Feb-2019 | 0001387131-19-001177 |
| Q3 18 | 30-Sep-2018 | 14 | $222,370,000 | 13F-HR | 14-Nov-2018 | 0001387131-18-006154 |
| Q2 18 | 30-Jun-2018 | 15 | $212,619,000 | 13F-HR | 14-Aug-2018 | 0001387131-18-003946 |
| Q1 18 | 31-Mar-2018 | 14 | $171,354,000 | 13F-HR | 15-May-2018 | 0001387131-18-002133 |
| Q4 17 | 31-Dec-2017 | 12 | $137,568,000 | 13F-HR | 14-Feb-2018 | 0001387131-18-000608 |