# EDGAR Filing Document

**Accession Number:** 0000898399
**File Stem:** 0000898399-25-000005
**Filing Date:** 2025-7
**Character Count:** 9152
**Document Hash:** ab10a5c408ec6595c27025296e3173b9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898399-25-000005.hdr.sgml**: 20250715

**ACCESSION NUMBER**: 0000898399-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250715

**DATE AS OF CHANGE**: 20250715

**EFFECTIVENESS DATE**: 20250715

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KEMPNER CAPITAL MANAGEMENT INC.
- **CENTRAL INDEX KEY:** 0000898399

**ORGANIZATION NAME:**
- **EIN:** 742202206
- **STATE OF INCORPORATION:** TX

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-03507
- **FILM NUMBER:** 251124037

**BUSINESS ADDRESS:**
- **STREET 1:** 2201 MARKET ST. 12TH FLOOR
- **STREET 2:** PO BOX 119
- **CITY:** GALVESTON
- **STATE:** TX
- **ZIP:** 77553
- **BUSINESS PHONE:** 409.765.6671

**MAIL ADDRESS:**
- **STREET 1:** 2201 MARKET ST. 12TH FLOOR
- **STREET 2:** PO BOX 119
- **CITY:** GALVESTON
- **STATE:** TX
- **ZIP:** 77553

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KEMPNER CAPITAL MANAGEMENT LTD
- **DATE OF NAME CHANGE:** 20061018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KEMPNER CAPITAL MANAGEMENT INC /TX
- **DATE OF NAME CHANGE:** 19990301

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** KEMPNER CAPITAL MANAGEMENT INC.<br>**Address:** 2201 MARKET ST. 12TH FLOOR<br>PO BOX 119<br>GALVESTON, TX 77553

**Form 13F File Number:** 028-03507

**CRD Number (if applicable):** 000104784

**SEC File Number (if applicable):** 801-17585

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:** Diana Bartula<br>**Title:** CCO<br>**Phone:** 409-765-6671

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

Diana Bartula  Galveston, TX  07-15-2025<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:** 47

**Form 13F Information Table Value Total:** $186722000

      (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

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|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 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 C | 02079K107 | BBG009S3NB21 | 5301000 | 29885 | SH |  | SOLE |  | 29885 | 0 | 0 |
| AWPAX AB SUST INTL THEMATIC A | MMF | 01879X103 |  | 525000 | 24540 | SH |  | SOLE |  | 24540 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 6357000 | 134331 | SH |  | SOLE |  | 134331 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 | BBG001S5P1K3 | 3662000 | 120940 | SH |  | SOLE |  | 120940 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 | BBG001S5P5K4 | 727000 | 15120 | SH |  | SOLE |  | 15120 | 0 | 0 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 | BBG008B5CF38 | 9932000 | 759343 | SH |  | SOLE |  | 759343 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 | BBG001S5W4F5 | 2113000 | 70589 | SH |  | SOLE |  | 70589 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 3463000 | 11952 | SH |  | SOLE |  | 11952 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 5393000 | 77727 | SH |  | SOLE |  | 77727 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 | BBG001S72ZG4 | 6245000 | 73367 | SH |  | SOLE |  | 73367 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 | BBG006Q0HZT0 | 5284000 | 118079 | SH |  | SOLE |  | 118079 | 0 | 0 |
| CONMED CORP | COM | 207410101 | BBG001S5PZH2 | 4868000 | 93474 | SH |  | SOLE |  | 93474 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 | BBG001S6D2D0 | 4520000 | 35161 | SH |  | SOLE |  | 35161 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 | BBG002PHSZN7 | 1349000 | 9815 | SH |  | SOLE |  | 9815 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 7767000 | 62631 | SH |  | SOLE |  | 62631 | 0 | 0 |
| EASTERLY GOVERN REIT | COM | 27616P103 |  | 4322000 | 194669 | SH |  | SOLE |  | 194669 | 0 | 0 |
| ENZO BIOCHEM INC. | COM | 294100102 |  | 17000 | 25475 | SH |  | SOLE |  | 25475 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 | BBG00V1KJ6G4 | 896000 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| EQUITABLE HLDGS INC | COM | 29452E101 | BBG00J7CBWL8 | 5317000 | 94779 | SH |  | SOLE |  | 94779 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 | BBG001S7QT63 | 2202000 | 6479 | SH |  | SOLE |  | 6479 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 5576000 | 51729 | SH |  | SOLE |  | 51729 | 0 | 0 |
| FMC CORP | COM NEW | 302491303 | BBG001S5R880 | 2562000 | 61362 | SH |  | SOLE |  | 61362 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 | BBG001SGS2Z8 | 6233000 | 77875 | SH |  | SOLE |  | 77875 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 | BBG001S5S5F7 | 3487000 | 47416 | SH |  | SOLE |  | 47416 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 | BBG001TG2YZ5 | 829000 | 28200 | SH |  | SOLE |  | 28200 | 0 | 0 |
| LINCOLN NATL CORP IND | COM | 534187109 | BBG001S5STV7 | 5498000 | 158906 | SH |  | SOLE |  | 158906 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 | BBG001T8LMY9 | 2735000 | 47272 | SH |  | SOLE |  | 47272 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 5415000 | 68406 | SH |  | SOLE |  | 68406 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 11609000 | 94192 | SH |  | SOLE |  | 94192 | 0 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 | BBG00FGXCKN3 | 225000 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 | BBG001S884K0 | 3162000 | 54888 | SH |  | SOLE |  | 54888 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 1915000 | 32837 | SH |  | SOLE |  | 32837 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 | BBG001S5W4C8 | 3700000 | 109471 | SH |  | SOLE |  | 109471 | 0 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 | BBG00JPGYWV3 | 6295000 | 209064 | SH |  | SOLE |  | 209064 | 0 | 0 |
| SERVICE PPTYS TR | COM SH BEN INT | 81761L102 | BBG001S81XC2 | 113000 | 47450 | SH |  | SOLE |  | 47450 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 6059000 | 86050 | SH |  | SOLE |  | 86050 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 | BBG001S7M9F1 | 1919000 | 44056 | SH |  | SOLE |  | 44056 | 0 | 0 |
| SUNNOVA ENERGY INTL | COM | 86745K104 |  | 0 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | BBG001S5WWW4 | 13729000 | 60615 | SH |  | SOLE |  | 60615 | 0 | 0 |
| TERADYNE INC | COM | 880770102 | BBG001S5WMZ3 | 4128000 | 45902 | SH |  | SOLE |  | 45902 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 | BBG001S5YYC0 | 4587000 | 106692 | SH |  | SOLE |  | 106692 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 | BBG001S871D5 | 5042000 | 90137 | SH |  | SOLE |  | 90137 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 4656000 | 14925 | SH |  | SOLE |  | 14925 | 0 | 0 |
| VANECK ETF TRUST | ISRAEL ETF | 92189F635 | BBG004QBRSY0 | 1166000 | 22500 | SH |  | SOLE |  | 22500 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 | BBG011386VG3 | 128000 | 11175 | SH |  | SOLE |  | 11175 | 0 | 0 |
| WESTERN ASSET INTER MUNI FD | COM | 958435109 | BBG001S70803 | 359000 | 47800 | SH |  | SOLE |  | 47800 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 | BBG001S7DQJ9 | 5335000 | 58496 | SH |  | SOLE |  | 58496 | 0 | 0 |

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