Cohen Klingenstein Portfolio holdings
Cohen Klingenstein is an investment adviser that manages portfolios for individuals, trusts, foundations and charities, and it advises one private fund, CK Diversified Fund. The fund began operating in 2013 for investors whose portfolios lack diversification, offering a way to spread their money more widely while limiting taxable gains. Its manager holds that owning a broad mix of securities for the long run can earn market-like returns at market-like risk, and the fund generally avoids sales that create a taxable gain. George Cohen and Thomas Klingenstein are the firm's principal owners.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Moderna
MRNA
|
+$226K |
| 2 |
NVIDIA
NVDA
|
+$60.9K |
| 3 |
Vanguard Morningstar Growth ETF
VUG
|
+$32.4K |
| 4 |
Meta Platforms (Facebook)
META
|
+$25.6K |
| 5 |
Vanguard Morningstar Mid-Cap Growth ETF
VOT
|
+$18.6K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$11.6M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.51M |
| 3 |
iShares Russell 2000 Growth ETF
IWO
|
+$4.84M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$2.58M |
| 5 |
Electronic Arts
EA
|
+$1.83M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 41.43% |
| 2 | Technology | 17.29% |
| 3 | Communication Services | 8.78% |
| 4 | Healthcare | 8.3% |
| 5 | Financials | 7.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
State Street SPDR S&P 500 ETF Trust
SPY
$816B
| $836M | 23.85% |
1,096,063
-8,576
| -0.8% | -$6.51M |
2013 Q2
53 quarters
|
|
2
Vanguard Morningstar Small-Cap Growth ETF
VBK
$22.9B
| $217M | 6.18% |
641,025
+3
| +0% | +$1.05K |
2016 Q1
42 quarters
|
|
|
3
Invesco QQQ Trust
QQQ
$483B
| $212M | 6.05% |
286,509
-16,175
| -5% | -$11.6M |
2013 Q2
53 quarters
|
|
|
4
iShares Russell 2000 Growth ETF
IWO
$14.1B
| $168M | 4.8% |
471,585
-12,829
| -3% | -$4.84M |
2013 Q2
53 quarters
|
|
5
Apple
AAPL
$5.09T
| $155M | 4.43% |
466,450
| – | – |
2013 Q2
53 quarters
|
|
6
Eli Lilly
LLY
$1.22T
| $149M | 4.26% |
129,013
| – | – |
2013 Q2
53 quarters
|
|
7
Microsoft
MSFT
$3.94T
| $146M | 4.18% |
285,500
| – | – |
2013 Q2
53 quarters
|
|
8
Amazon
AMZN
$2.63T
| $129M | 3.68% |
517,025
-2,799
| -0.5% | -$711K |
2013 Q2
53 quarters
|
|
|
9
NVIDIA
NVDA
$5.16T
| $106M | 3.03% |
464,344
+284
| +0.1% | +$60.9K |
2019 Q2
29 quarters
|
|
10
Alphabet (Google) Class A
GOOGL
$3.47T
| $86.8M | 2.48% |
252,195
-1,155
| -0.5% | -$401K |
2019 Q2
29 quarters
|
|
|
11
Alphabet (Google) Class C
GOOG
$3.45T
| $79M | 2.25% |
231,805
-7,475
| -3% | -$2.58M |
2013 Q2
53 quarters
|
|
12
Broadcom
AVGO
$1.65T
| $62.4M | 1.78% |
177,555
| – | – |
2016 Q1
42 quarters
|
|
|
13
Meta Platforms (Facebook)
META
$1.63T
| $57.7M | 1.65% |
79,522
+41
| +0.1% | +$25.6K |
2015 Q4
43 quarters
|
|
14
Walt Disney
DIS
$192B
| $57.6M | 1.64% |
548,648
-935
| -0.2% | -$95.8K |
2013 Q2
53 quarters
|
|
15
American Express
AXP
$217B
| $54.2M | 1.55% |
178,387
| – | – |
2013 Q2
53 quarters
|
|
16
Berkshire Hathaway Class B
BRK.B
$1.16T
| $51.9M | 1.48% |
104,185
-1,089
| -1% | -$549K |
2013 Q2
53 quarters
|
|
17
PepsiCo
PEP
$182B
| $37.3M | 1.07% |
294,631
-1,235
| -0.4% | -$170K |
2013 Q2
53 quarters
|
|
18
Union Pacific
UNP
$179B
| $33.7M | 0.96% |
123,943
| – | – |
2013 Q2
53 quarters
|
|
19
Johnson & Johnson
JNJ
$662B
| $32.9M | 0.94% |
124,109
-3,885
| -3% | -$1.02M |
2013 Q2
53 quarters
|
|
20
RTX Corp
RTX
$269B
| $28.7M | 0.82% |
154,527
| – | – |
2013 Q2
53 quarters
|
|
21
Chevron
CVX
$454B
| $27.7M | 0.79% |
135,799
-3,843
| -3% | -$757K |
2013 Q2
53 quarters
|
|
22
Procter & Gamble
PG
$372B
| $25.2M | 0.72% |
173,730
| – | – |
2013 Q2
53 quarters
|
|
23
JPMorgan Chase
JPM
$912B
| $24.1M | 0.69% |
72,700
| – | – |
2013 Q2
53 quarters
|
|
24
Palo Alto Networks
PANW
$311B
| $21.2M | 0.61% |
53,400
| – | – |
2019 Q1
30 quarters
|
|
25
Yum! Brands
YUM
$42.2B
| $19.8M | 0.56% |
144,870
| – | – |
2013 Q2
53 quarters
|
|
Similar funds
Cohen Klingenstein's Q3 2026 Portfolio in Review
As of Q3 2026, Cohen Klingenstein held 208 positions worth $3.51B, up 0.37% from $3.49B the previous quarter. Its ten largest holdings account for 63% of the portfolio.
Trading was light in Q3 2026: portfolio turnover was 1.4%. Cohen Klingenstein opened 1 new position and exited 2, leaving the 208-position portfolio largely intact.
By sector, the portfolio is most concentrated in Miscellaneous at 41% of assets, down from 43% a quarter earlier, followed by Technology and Communication Services.
- Cohen Klingenstein's largest Q3 2026 buy was Moderna: 2,100 shares worth $404K.
- Cohen Klingenstein added most to NVIDIA in Q3 2026, an estimated $60.9K increase.
- Cohen Klingenstein's biggest Q3 2026 reduction was Invesco QQQ Trust, cutting an estimated $11.6M.
- Cohen Klingenstein fully exited Electronic Arts in Q3 2026, selling an estimated $1.83M.
- Cohen Klingenstein's ten largest holdings make up 63% of its $3.51B portfolio in Q3 2026.
- Cohen Klingenstein opened 1 new position and closed 2 in Q3 2026.
- Cohen Klingenstein's portfolio value rose 0.37% quarter-over-quarter to $3.51B.
Based on Cohen Klingenstein's 13F filing for Q3 2026, filed 15 Oct 2026.