# EDGAR Filing Document

**Accession Number:** 0001907874
**File Stem:** 0001907874-23-000001
**Filing Date:** 2023-2
**Character Count:** 10924
**Document Hash:** be36e8b14076e3e480b7ca70ebe32a53
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001907874-23-000001.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001907874-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230209

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Keene & Associates, Inc.
- **CENTRAL INDEX KEY:** 0001907874
- **IRS NUMBER:** 752192111
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21547
- **FILM NUMBER:** 23607666

**BUSINESS ADDRESS:**
- **STREET 1:** 1701 RIVER RUN
- **STREET 2:** SUITE 1012
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76107
- **BUSINESS PHONE:** 817-336-4500

**MAIL ADDRESS:**
- **STREET 1:** 1701 RIVER RUN
- **STREET 2:** SUITE 1012
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76107

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Keene  Associates Inc.<br>**Address:** 1701 RIVER RUN<br>SUITE 1012<br>FORT WORTH, TX 76107

**Form 13F File Number:** 028-21547

**CRD Number (if applicable):** 000107961

**SEC File Number (if applicable):** 801-47662

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** John Keene<br>**Title:** Chief Compliance Officer<br>**Phone:** 817-336-4500

**Signature, Place, and Date of Signing:**

John Keene  Fort Worth, TX  02-03-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 76

**Form 13F Information Table Value Total:** $112018136

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 225869 | 2560 | SH |  | SOLE |  | 2560 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 508416 | 3913 | SH |  | SOLE |  | 3913 | 0 | 0 |
| BARRICK GOLD CORP | COM | 067901108 |  | 2750174 | 160080 | SH |  | SOLE |  | 141655 | 0 | 18425 |
| BOEING CO | COM | 097023105 |  | 363264 | 1907 | SH |  | SOLE |  | 1907 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 2913416 | 72383 | SH |  | SOLE |  | 61763 | 0 | 10620 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 3113924 | 43279 | SH |  | SOLE |  | 37864 | 0 | 5415 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 241286 | 1609 | SH |  | SOLE |  | 1609 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 4570814 | 25466 | SH |  | SOLE |  | 22881 | 0 | 2585 |
| CISCO SYS INC | COM | 17275R102 |  | 3560379 | 74735 | SH |  | SOLE |  | 65985 | 0 | 8750 |
| CORNING INC | COM | 219350105 |  | 2821835 | 88348 | SH |  | SOLE |  | 78248 | 0 | 10100 |
| CORTEVA INC | COM | 22052L104 |  | 603494 | 10267 | SH |  | SOLE |  | 10267 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 482122 | 3606 | SH |  | SOLE |  | 2956 | 0 | 650 |
| DANA INC | COM | 235825205 |  | 260024 | 17186 | SH |  | SOLE |  | 17186 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 1049604 | 2448 | SH |  | SOLE |  | 2448 | 0 | 0 |
| DIREXION SHS ETF TR | 20YR TRES BEAR | 25460G849 |  | 254651 | 1869 | SH |  | SOLE |  | 1869 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1324572 | 15246 | SH |  | SOLE |  | 14841 | 0 | 405 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 3239859 | 31458 | SH |  | SOLE |  | 27803 | 0 | 3655 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 136852 | 11199 | SH |  | SOLE |  | 11199 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 427911 | 3880 | SH |  | SOLE |  | 3880 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 2884126 | 16652 | SH |  | SOLE |  | 14932 | 0 | 1720 |
| FLOWERS FOODS INC | COM | 343498101 |  | 388651 | 13523 | SH |  | SOLE |  | 13523 | 0 | 0 |
| FMC CORP | COM NEW | 302491303 |  | 372154 | 2982 | SH |  | SOLE |  | 2982 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 3604294 | 14527 | SH |  | SOLE |  | 12832 | 0 | 1695 |
| GRAHAM HLDGS CO | COM CL B | 384637104 |  | 369777 | 612 | SH |  | SOLE |  | 612 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 690862 | 8784 | SH |  | SOLE |  | 8784 | 0 | 0 |
| HEIDRICK  STRUGGLES INTL IN | COM | 422819102 |  | 238780 | 8537 | SH |  | SOLE |  | 8537 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 381779 | 4780 | SH |  | SOLE |  | 4780 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 347762 | 1101 | SH |  | SOLE |  | 1101 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 588896 | 2748 | SH |  | SOLE |  | 2748 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 3585707 | 36615 | SH |  | SOLE |  | 32260 | 0 | 4355 |
| INTEL CORP | COM | 458140100 |  | 1120473 | 42394 | SH |  | SOLE |  | 41019 | 0 | 1375 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3250537 | 18401 | SH |  | SOLE |  | 16316 | 0 | 2085 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 363813 | 2713 | SH |  | SOLE |  | 2713 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 |  | 368978 | 11545 | SH |  | SOLE |  | 11545 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 3305377 | 24349 | SH |  | SOLE |  | 21524 | 0 | 2825 |
| KIRBY CORP | COM | 497266106 |  | 305663 | 4750 | SH |  | SOLE |  | 4750 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 2893643 | 64909 | SH |  | SOLE |  | 56459 | 0 | 8450 |
| LIFECORE BIOMEDICAL INC | COM | 514766104 |  | 86832 | 13400 | SH |  | SOLE |  | 13400 | 0 | 0 |
| MATRIX SVC CO | COM | 576853105 |  | 302559 | 48643 | SH |  | SOLE |  | 48643 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 464774 | 1239 | SH |  | SOLE |  | 1239 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1309582 | 16850 | SH |  | SOLE |  | 16275 | 0 | 575 |
| MERCK  CO INC | COM | 58933Y105 |  | 4057220 | 36568 | SH |  | SOLE |  | 32878 | 0 | 3690 |
| MICROSOFT CORP | COM | 594918104 |  | 2984320 | 12444 | SH |  | SOLE |  | 11234 | 0 | 1210 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 3078784 | 59759 | SH |  | SOLE |  | 51834 | 0 | 7925 |
| MOSAIC CO NEW | COM | 61945C103 |  | 271117 | 6180 | SH |  | SOLE |  | 6180 | 0 | 0 |
| NEW GOLD INC CDA | COM | 644535106 |  | 9800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 3131437 | 66344 | SH |  | SOLE |  | 60264 | 0 | 6080 |
| NISOURCE INC | COM | 65473P105 |  | 266385 | 9715 | SH |  | SOLE |  | 9715 | 0 | 0 |
| NOVAGOLD RES INC | COM NEW | 66987E206 |  | 59800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 296998 | 4715 | SH |  | SOLE |  | 4662 | 0 | 53 |
| ORACLE CORP | COM | 68389X105 |  | 3363928 | 41154 | SH |  | SOLE |  | 36979 | 0 | 4175 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 1648764 | 59032 | SH |  | SOLE |  | 56782 | 0 | 2250 |
| PEPSICO INC | COM | 713448108 |  | 3509819 | 19428 | SH |  | SOLE |  | 16958 | 0 | 2470 |
| PFIZER INC | COM | 717081103 |  | 3263634 | 63693 | SH |  | SOLE |  | 56818 | 0 | 6875 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 8083677 | 81943 | SH |  | SOLE |  | 80358 | 0 | 1585 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 347618 | 2294 | SH |  | SOLE |  | 2294 | 0 | 0 |
| PROSHARES TR II | ULTRA GOLD | 74347W601 |  | 221080 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 273263 | 2586 | SH |  | SOLE |  | 2586 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 326368 | 3349 | SH |  | SOLE |  | 3349 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 4909659 | 91838 | SH |  | SOLE |  | 81063 | 0 | 10775 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 349442 | 4197 | SH |  | SOLE |  | 4197 | 0 | 0 |
| SMITH  NEPHEW PLC | SPDN ADR NEW | 83175M205 |  | 294849 | 10965 | SH |  | SOLE |  | 10965 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 1754690 | 24572 | SH |  | SOLE |  | 24572 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 832932 | 4910 | SH |  | SOLE |  | 4910 | 0 | 0 |
| STANDEX INTL CORP | COM | 854231107 |  | 342463 | 3344 | SH |  | SOLE |  | 3344 | 0 | 0 |
| SYNAPTICS INC | COM | 87157D109 |  | 204213 | 2146 | SH |  | SOLE |  | 2146 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 2508613 | 40299 | SH |  | SOLE |  | 36099 | 0 | 4200 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 2901519 | 57627 | SH |  | SOLE |  | 50232 | 0 | 7395 |
| UNIVERSAL CORP VA | COM | 913456109 |  | 353985 | 6703 | SH |  | SOLE |  | 6703 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 205725 | 6500 | SH |  | SOLE |  | 6500 | 0 | 0 |
| VISTA GOLD CORP | COM NEW | 927926303 |  | 5545 | 11200 | SH |  | SOLE |  | 11200 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 1282606 | 34331 | SH |  | SOLE |  | 33206 | 0 | 1125 |
| WALMART INC | COM | 931142103 |  | 3524899 | 24860 | SH |  | SOLE |  | 22165 | 0 | 2695 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 488248 | 15750 | SH |  | SOLE |  | 15750 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 304841 | 2757 | SH |  | SOLE |  | 2757 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 486410 | 1897 | SH |  | SOLE |  | 1897 | 0 | 0 |

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