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
-24.74%
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
$184M
AUM Growth
-$81.5M
(-31%)
Cap. Flow
-$5.73M
Cap. Flow
% of AUM
-3.11%
Top 10 Holdings %
Top 10 Hldgs %
45.16%
Holding
127
New
5
Increased
18
Reduced
36
Closed
13
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lumen
LUMN
|
+$2.34M |
| 2 |
Liberty Global Class C
LBTYK
|
+$1.02M |
| 3 |
Blackstone Mortgage Trust
BXMT
|
+$898K |
| 4 |
Brookfield Infrastructure
BIPC
|
+$766K |
| 5 |
BPY
Brookfield Property Partners L.P. Limited Partnership Units
BPY
|
+$566K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$983K |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$965K |
| 3 |
W.P. Carey
WPC
|
+$894K |
| 4 |
Marriott International
MAR
|
+$871K |
| 5 |
Cimpress
CMPR
|
+$811K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.23% |
| 2 | Healthcare | 18.84% |
| 3 | Communication Services | 12.68% |
| 4 | Energy | 10.49% |
| 5 | Utilities | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Johnson & Johnson
JNJ
$635B
| $17M | 9.22% |
129,520
-5,150
| -4% | -$731K |
|
2
Brookfield
BN
$102B
| $13.2M | 7.18% |
838,317
-19,686
| -2% | -$405K |
|
3
Merck
MRK
$324B
| $10.3M | 5.58% |
139,964
-6,288
| -4% | -$494K |
|
4
Brookfield Infrastructure Partners
BIP
$18.8B
| $7.63M | 4.14% |
317,972
-24,044
| -7% | -$702K |
|
|
SCHW
5
Charles Schwab
SCHW
$177B
| $6.84M | 3.71% |
203,545
-23,000
| -10% | -$965K |
|
|
MMP
6
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $6.35M | 3.44% |
173,902
+8,050
| +5% | +$432K |
|
|
7
Lumen
LUMN
$6.53B
| $6.11M | 3.32% |
646,100
+187,365
| +41% | +$2.34M |
|
8
Brookfield Renewable
BEP
$10B
| $5.5M | 2.99% |
243,054
+15,575
| +7% | +$394K |
|
9
Walt Disney
DIS
$165B
| $5.2M | 2.82% |
53,791
| – | – |
|
10
Berkshire Hathaway Class B
BRK.B
$1.07T
| $5.09M | 2.76% |
27,834
+365
| +1% | +$77.6K |
|
11
Texas Instruments
TXN
$255B
| $4.77M | 2.59% |
47,735
| – | – |
|
|
BPY
12
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $4.06M | 2.2% |
503,714
+34,976
| +7% | +$566K |
|
13
Microsoft
MSFT
$2.84T
| $3.78M | 2.05% |
23,956
+19
| +0.1% | +$3.13K |
|
|
14
Liberty Global Class C
LBTYK
$3.27B
| $3.77M | 2.04% |
239,854
+54,390
| +29% | +$1.02M |
|
|
15
W.P. Carey
WPC
$17.1B
| $3.58M | 1.95% |
63,021
-11,793
| -16% | -$894K |
|
16
Comcast
CMCSA
$79.1B
| $3.58M | 1.94% |
104,206
-15,535
| -13% | -$655K |
|
17
Pfizer
PFE
$140B
| $3.43M | 1.86% |
110,883
| – | – |
|
|
18
Cimpress
CMPR
$2.37B
| $2.91M | 1.58% |
54,730
-8,000
| -13% | -$811K |
|
19
Enbridge
ENB
$124B
| $2.29M | 1.25% |
78,865
-1,190
| -1% | -$44.1K |
|
20
Wells Fargo
WFC
$261B
| $2.28M | 1.24% |
79,560
-10,958
| -12% | -$466K |
|
21
Kinder Morgan
KMI
$73.1B
| $2.25M | 1.22% |
161,685
+4,900
| +3% | +$93.3K |
|
22
Rayonier
RYN
$6.49B
| $2.01M | 1.09% |
94,046
| – | – |
|
23
US Bancorp
USB
$99.6B
| $1.92M | 1.04% |
55,821
-14,000
| -20% | -$675K |
|
24
MPLX
MPLX
$59.5B
| $1.88M | 1.02% |
162,145
+7,350
| +5% | +$151K |
|
25
Annaly Capital Management
NLY
$16.9B
| $1.88M | 1.02% |
92,525
+3,450
| +4% | +$121K |
|
Similar funds
RMC
GH
GFWEX
CCMLC
CU
LWMG
THWM
VFPI
Karpas Strategies's Q1 2020 Portfolio in Review
As of Q1 2020, Karpas Strategies held 127 positions worth $184M, down 31% from $266M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Karpas Strategies withdrew a net $5.73M in Q1 2020, closing 13 positions and reducing 36 holdings. Its most notable exit was Colgate-Palmolive, an estimated $688K position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Healthcare and Communication Services.
Against the trend, Karpas Strategies opened a new position in Brookfield Infrastructure worth $826K.
- Karpas Strategies's largest Q1 2020 buy was Brookfield Infrastructure: 35,327 shares worth $826K.
- Karpas Strategies added most to Lumen in Q1 2020, an estimated $2.34M increase.
- Karpas Strategies's biggest Q1 2020 reduction was Honeywell, cutting an estimated $983K.
- Karpas Strategies fully exited Colgate-Palmolive in Q1 2020, selling an estimated $688K.
- Karpas Strategies's ten largest holdings make up 45% of its $184M portfolio in Q1 2020.
- Karpas Strategies opened 5 new positions and closed 13 in Q1 2020.
- Karpas Strategies's portfolio value fell 31% quarter-over-quarter to $184M.
Based on Karpas Strategies's 13F filing for Q1 2020, filed 22 Apr 2020.