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
-9.21%
1 Year Est. Return
+14.42%
3 Year Est. Return
+16.12%
5 Year Est. Return
+59.2%
10 Year Est. Return
+120.15%
AUM
$181M
AUM Growth
-$19.4M
Cap. Flow
+$829K
Cap. Flow %
0.46%
Top 10 Hldgs %
39.47%
Holding
122
New
3
Increased
12
Reduced
15
Closed
2

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$1.87M
2
HHH icon
Howard Hughes
HHH
+$1.29M
3
ENH
Endurance Specialty Holdings Ltd
ENH
+$897K
4
C icon
Citigroup
C
+$655K
5
JEF icon
Jefferies Financial Group
JEF
+$321K

Top Sells

Rank Stock Value
1
DTV
DIRECTV COM STK (DE)
DTV
+$2.73M
2
MRH
MONTPELIER RE HOLDINGS LTD
MRH
+$1.15M
3
LBTYK icon
Liberty Global Class C
LBTYK
+$389K
4
CMPR icon
Cimpress
CMPR
+$149K
5
MAR icon
Marriott International
MAR
+$96.9K

Sector Composition

Rank Sector Weight
1 Financials 24.46%
2 Energy 16.02%
3 Healthcare 15.49%
4 Communication Services 9.25%
5 Real Estate 8.71%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JNJ icon
1
Johnson & Johnson
JNJ
$618B
$13.2M 7.3%
141,590
– –
MMP
2
DELISTED
Magellan Midstream Partners, L.P.
MMP
$9.54M 5.26%
158,646
– –
BN icon
3
Brookfield
BN
$104B
$8.1M 4.47%
733,749
+14,238
+2% +$166K
SCHW
4
Charles Schwab
SCHW
$183B
$7.75M 4.28%
271,355
– –
MRK icon
5
Merck
MRK
$322B
$6.88M 3.8%
145,869
– –
CMPR icon
6
Cimpress
CMPR
$2.39B
$6.26M 3.46%
82,306
-2,000
-2% -$149K
BPY
7
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
$5.66M 3.12%
263,570
+6,450
+3% +$138K
WPC icon
8
W.P. Carey
WPC
$16.8B
$4.76M 2.63%
84,130
– –
LBTYK icon
9
Liberty Global Class C
LBTYK
$3.53B
$4.69M 2.59%
131,834
-9,624
-7% -$389K
WFC icon
10
Wells Fargo
WFC
$261B
$4.65M 2.57%
90,496
+21
+0% +$1.16K
BIP icon
11
Brookfield Infrastructure Partners
BIP
$19.2B
$4.02M 2.22%
275,290
– –
GE icon
12
GE Aerospace
GE
$374B
$4M 2.21%
33,084
– –
DIS icon
13
Walt Disney
DIS
$167B
$3.7M 2.04%
36,240
-50
-0.1% -$5.45K
BRK.B icon
14
Berkshire Hathaway Class B
BRK.B
$1.1T
$3.6M 1.98%
27,566
-50
-0.2% -$6.85K
PFE icon
15
Pfizer
PFE
$143B
$3.55M 1.96%
118,987
– –
EEQ
16
DELISTED
Enbridge Energy Management Llc
EEQ
$3.51M 1.94%
202,965
-140
-0.1% -$2.87K
CMCSK
17
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
$3.49M 1.93%
61,048
-171
-0.3% -$9.79K
XOM icon
18
ExxonMobil
XOM
$644B
$3.24M 1.79%
43,533
– –
USB icon
19
US Bancorp
USB
$98.2B
$3.03M 1.67%
73,821
– –
KMI icon
20
Kinder Morgan
KMI
$71.7B
$2.63M 1.45%
94,973
-130
-0.1% -$4.3K
OKS
21
DELISTED
Oneok Partners LP
OKS
$2.42M 1.34%
82,800
– –
JEF icon
22
Jefferies Financial Group
JEF
$12.6B
$2.4M 1.33%
132,541
+15,977
+14% +$321K
TXN icon
23
Texas Instruments
TXN
$252B
$2.38M 1.31%
48,000
– –
TFCFA
24
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
$2.18M 1.2%
80,884
– –
T icon
25
AT&T
T
$159B
$2.06M 1.14%
83,650
+73,531
+727% +$1.87M
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 2015 Portfolio in Review

As of Q3 2015, Karpas Strategies held 122 positions worth $181M, down 9.7% from $201M the previous quarter. Its ten largest holdings account for 39% of the portfolio.

Trading was light in Q3 2015: portfolio turnover was 4.1%. Karpas Strategies opened 3 new positions and exited 2, leaving the 122-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 23% a quarter earlier, followed by Energy and Healthcare.

  • Karpas Strategies's largest Q3 2015 buy was Howard Hughes: 10,333 shares worth $1.13M.
  • Karpas Strategies added most to AT&T in Q3 2015, an estimated $1.87M increase.
  • Karpas Strategies's biggest Q3 2015 reduction was Liberty Global Class C, cutting an estimated $389K.
  • Karpas Strategies fully exited DIRECTV COM STK (DE) in Q3 2015, selling an estimated $2.73M.
  • Karpas Strategies's ten largest holdings make up 39% of its $181M portfolio in Q3 2015.
  • Karpas Strategies opened 3 new positions and closed 2 in Q3 2015.
  • Karpas Strategies's portfolio value fell 9.7% quarter-over-quarter to $181M.

Based on Karpas Strategies's 13F filing for Q3 2015, filed 3 Nov 2015.