We are live on ! Find out more
KS

Karpas Strategies Portfolio holdings

AUM $319M
1-Year Est. Return 14.42%
This Fund
S&P 500
This Quarter Est. Return
-3.84%
1 Year Est. Return
+14.42%
3 Year Est. Return
+16.12%
5 Year Est. Return
+59.2%
10 Year Est. Return
+120.19%
AUM
$272M
AUM Growth
-$24M
Cap. Flow
-$9.26M
Cap. Flow %
-3.4%
Top 10 Hldgs %
45.35%
Holding
120
New
–
Increased
34
Reduced
49
Closed
6

Top Buys

Rank Stock Value
1
OKE icon
Oneok
OKE
+$7.88M
2
NLY icon
Annaly Capital Management
NLY
+$82.9K
3
MPLX icon
MPLX
MPLX
+$50.6K
4
BXMT icon
Blackstone Mortgage Trust
BXMT
+$43.8K
5
WPC icon
W.P. Carey
WPC
+$26.9K

Top Sells

Rank Stock Value
1
MMP
Magellan Midstream Partners, L.P.
MMP
+$11.5M
2
TRTN
Triton International Limited
TRTN
+$1.26M
3
LUMN icon
Lumen
LUMN
+$987K
4
VZ icon
Verizon
VZ
+$325K
5
LSXMA
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
+$248K

Sector Composition

Rank Sector Weight
1 Financials 34.37%
2 Healthcare 16.94%
3 Energy 13.13%
4 Communication Services 7.7%
5 Technology 7.69%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVS icon
51
CVS Health
CVS
$122B
$1.09M 0.4%
15,559
-286
-2% -$20.3K
HSBC icon
52
HSBC
HSBC
$356B
$1.07M 0.39%
27,200
– –
PSX icon
53
Phillips 66
PSX
$81.4B
$1.07M 0.39%
8,903
– –
EGP icon
54
EastGroup Properties
EGP
$10.9B
$1.06M 0.39%
6,350
– –
ABT icon
55
Abbott
ABT
$187B
$1.04M 0.38%
10,784
– –
HON icon
56
Honeywell
HON
$78B
$1.03M 0.38%
5,937
+23
+0.4% +$4.21K
MKL icon
57
Markel Group
MKL
$23.2B
$1.03M 0.38%
698
– –
CME icon
58
CME Group
CME
$94.8B
$1M 0.37%
5,000
– –
BNY
59
Bank of New York Mellon
BNY
$107B
$986K 0.36%
23,115
+98
+0.4% +$4.37K
WTM icon
60
White Mountains Insurance
WTM
$5.32B
$986K 0.36%
659
-15
-2% -$23K
PG icon
61
Procter & Gamble
PG
$339B
$940K 0.35%
6,448
+22
+0.3% +$3.36K
ABBV icon
62
AbbVie
ABBV
$435B
$916K 0.34%
6,144
– –
T icon
63
AT&T
T
$163B
$880K 0.32%
58,600
-381
-0.6% -$5.58K
LBRDK icon
64
Liberty Broadband Class C
LBRDK
$5.15B
$865K 0.32%
9,477
-70
-0.7% -$6.24K
LILAK icon
65
Liberty Latin America Class C
LILAK
$1.64B
$812K 0.3%
109,434
-266
-0.2% -$2.05K
LMT icon
66
Lockheed Martin
LMT
$136B
$760K 0.28%
1,859
+5
+0.3% +$2.22K
MCD icon
67
McDonald's
MCD
$195B
$654K 0.24%
2,483
-403
-14% -$115K
PEP icon
68
PepsiCo
PEP
$190B
$635K 0.23%
3,751
-88
-2% -$16K
SHEL icon
69
Shell
SHEL
$245B
$570K 0.21%
8,852
– –
WH icon
70
Wyndham Hotels & Resorts
WH
$5.48B
$567K 0.21%
8,155
+33
+0.4% +$2.45K
BP icon
71
BP
BP
$107B
$565K 0.21%
14,584
– –
ZBH icon
72
Zimmer Biomet
ZBH
$18.4B
$557K 0.2%
4,960
– –
WY icon
73
Weyerhaeuser
WY
$18.4B
$543K 0.2%
17,722
+18
+0.1% +$592
AB icon
74
AllianceBernstein
AB
$3.47B
$538K 0.2%
17,715
+340
+2% +$10.8K
CSW
75
CSW Industrials
CSW
$5.71B
$526K 0.19%
3,000
– –
1 2
3
4 5

Similar funds

RMC
Regis Management Company Menlo Park, California $331M AUM 14.13% 1-Year Est. Return
GH
Geisinger Health Danville, Pennsylvania $344M AUM 4.22% 1-Year Est. Return
GFWEX
G.F.W. Energy XI Dallas, Texas $282M AUM
CCMLC
Cardinal Capital Management LLC (Connecticut) Greenwich, Connecticut $365M AUM 18.32% 1-Year Est. Return
CU
CQS (US) New York $367M AUM 8.85% 1-Year Est. Return
LWMG
Levy Wealth Management Group Philadelphia, Pennsylvania $391M AUM 14.68% 1-Year Est. Return
THWM
Taylor Hoffman Wealth Management Richmond, Virginia $245M AUM 26.27% 1-Year Est. Return
VFPI
Vantage Financial Partners (Illinois) Arlington Heights, Illinois $402M AUM 12.97% 1-Year Est. Return

Karpas Strategies's Q3 2023 Portfolio in Review

As of Q3 2023, Karpas Strategies held 120 positions worth $272M, down 8.1% from $296M the previous quarter. Its ten largest holdings account for 45% of the portfolio.

Karpas Strategies withdrew a net $9.26M in Q3 2023, closing 6 positions and reducing 49 holdings. Its most notable exit was Magellan Midstream Partners, L.P., an estimated $11.5M position sold in full.

By sector, the portfolio is most concentrated in Financials at 34% of assets, up from 32% a quarter earlier, followed by Healthcare and Energy.

Against the trend, Karpas Strategies added an estimated $7.88M to Oneok.

  • Karpas Strategies added most to Oneok in Q3 2023, an estimated $7.88M increase.
  • Karpas Strategies's biggest Q3 2023 reduction was Lumen, cutting an estimated $987K.
  • Karpas Strategies fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $11.5M.
  • Karpas Strategies's ten largest holdings make up 45% of its $272M portfolio in Q3 2023.
  • Karpas Strategies opened 0 new positions and closed 6 in Q3 2023.
  • Karpas Strategies's portfolio value fell 8.1% quarter-over-quarter to $272M.

Based on Karpas Strategies's 13F filing for Q3 2023, filed 9 Nov 2023.