Klingenstein Fields & Co Portfolio holdings
Klingenstein Fields & Co., which does business as Klingenstein Fields Advisors, is an independently owned wealth manager for high net worth individuals, families, foundations and nonprofits. Its roots lie in Wertheim & Company, a merchant bank started by Joseph Klingenstein and Maurice Wertheim, which later joined with Schroder as Wertheim Schroder. Frederick Klingenstein, who had led Wertheim's expansion into investment banking and investment management, left Wertheim Schroder with John Klingenstein and Ken Fields to form Klingenstein Fields. It provides wealth planning and investment management built around each client's goals.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vulcan Materials
VMC
|
+$16.5M |
| 2 |
Prologis
PLD
|
+$10.4M |
| 3 |
Starbucks
SBUX
|
+$5.41M |
| 4 |
Stryker
SYK
|
+$4.84M |
| 5 |
DuPont de Nemours
DD
|
+$3.75M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$16M |
| 2 |
Johnson & Johnson
JNJ
|
+$9M |
| 3 |
Newell Brands
NWL
|
+$8.13M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$7.36M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.99M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 18.29% |
| 2 | Financials | 16.89% |
| 3 | Communication Services | 16.51% |
| 4 | Healthcare | 14.01% |
| 5 | Technology | 8.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Walt Disney
DIS
$195B
| $237M | 8.47% |
2,023,044
-26,688
| -1% | -$2.97M |
2013 Q2
21 quarters
|
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.2T
| $205M | 7.34% |
956,686
-35,850
| -4% | -$7.36M |
2013 Q2
21 quarters
|
|
3
PepsiCo
PEP
$188B
| $128M | 4.57% |
1,141,301
-31,640
| -3% | -$3.58M |
2013 Q2
21 quarters
|
|
|
4
Johnson & Johnson
JNJ
$649B
| $111M | 3.98% |
803,861
-67,754
| -8% | -$9M |
2013 Q2
21 quarters
|
|
5
Union Pacific
UNP
$181B
| $97.2M | 3.48% |
597,142
-26,170
| -4% | -$3.94M |
2013 Q2
21 quarters
|
|
6
Honeywell
HON
$71.3B
| $58M | 2.08% |
386,033
-6,275
| -2% | -$889K |
2013 Q2
21 quarters
|
|
7
Comcast
CMCSA
$84.7B
| $56.6M | 2.03% |
1,599,676
+61,523
| +4% | +$2.18M |
2013 Q2
21 quarters
|
|
8
Amazon
AMZN
$2.68T
| $56.3M | 2.02% |
561,960
+1,100
| +0.2% | +$103K |
2013 Q2
21 quarters
|
|
9
Apple
AAPL
$4.83T
| $54M | 1.93% |
956,684
-19,632
| -2% | -$1.02M |
2013 Q2
21 quarters
|
|
10
3M
MMM
$91B
| $53.9M | 1.93% |
306,001
-2,250
| -0.7% | -$388K |
2013 Q2
21 quarters
|
|
|
RDS.A
11
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $53.5M | 1.92% |
784,562
-11,537
| -1% | -$770K |
2013 Q2
21 quarters
|
|
12
PayPal
PYPL
$49B
| $51.4M | 1.84% |
584,602
+17,142
| +3% | +$1.51M |
2015 Q3
12 quarters
|
|
|
RTN
13
DELISTED
Raytheon Company
RTN
| $47.8M | 1.71% |
231,398
-1,902
| -0.8% | -$379K |
2013 Q2
21 quarters
|
|
14
FedEx
FDX
$75.6B
| $46.5M | 1.66% |
192,985
-2,140
| -1% | -$518K |
2013 Q2
21 quarters
|
|
15
RTX Corp
RTX
$277B
| $45.7M | 1.64% |
519,257
-6,971
| -1% | -$585K |
2013 Q2
21 quarters
|
|
16
DELISTED
Air Lease Corp
AL
| $39.9M | 1.43% |
868,595
-25,775
| -3% | -$1.15M |
2013 Q2
21 quarters
|
|
17
American Tower
AMT
$86.3B
| $39.5M | 1.42% |
272,121
+65
| +0% | +$9.5K |
2013 Q2
21 quarters
|
|
18
Alphabet (Google) Class A
GOOGL
$3.42T
| $38.2M | 1.37% |
632,240
-820
| -0.1% | -$49.6K |
2015 Q4
11 quarters
|
|
19
Labcorp
LH
$29B
| $36.9M | 1.32% |
247,482
-2,436
| -1% | -$371K |
2013 Q2
21 quarters
|
|
20
Palo Alto Networks
PANW
$291B
| $35.9M | 1.29% |
956,838
-94,284
| -9% | -$3.43M |
2017 Q2
5 quarters
|
|
21
Thermo Fisher Scientific
TMO
$258B
| $34.9M | 1.25% |
143,074
-3,565
| -2% | -$820K |
2015 Q2
13 quarters
|
|
22
American Express
AXP
$219B
| $34.1M | 1.22% |
319,933
-1,600
| -0.5% | -$166K |
2013 Q2
21 quarters
|
|
23
JPMorgan Chase
JPM
$895B
| $34M | 1.22% |
301,105
-18,139
| -6% | -$2.06M |
2013 Q2
21 quarters
|
|
24
Merck
MRK
$358B
| $33.8M | 1.21% |
499,105
+16,522
| +3% | +$1.05M |
2013 Q2
21 quarters
|
|
25
Broadcom
AVGO
$1.59T
| $33.7M | 1.21% |
1,367,590
+14,420
| +1% | +$323K |
2016 Q2
9 quarters
|
|
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Klingenstein Fields & Co's Q3 2018 Portfolio in Review
As of Q3 2018, Klingenstein Fields & Co held 219 positions worth $2.79B, up 6.4% from $2.62B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Klingenstein Fields & Co's Q3 2018 filing shows 9 new, 45 increased, 90 reduced and 7 closed positions. Its largest new stake was Vulcan Materials: 141,969 shares worth $15.8M. The largest sale was Oracle, an estimated $16M.
By sector, the portfolio is most concentrated in Industrials at 18% of assets, up from 18% a quarter earlier, followed by Financials and Communication Services.
- Klingenstein Fields & Co's largest Q3 2018 buy was Vulcan Materials: 141,969 shares worth $15.8M.
- Klingenstein Fields & Co added most to Starbucks in Q3 2018, an estimated $5.41M increase.
- Klingenstein Fields & Co's biggest Q3 2018 reduction was Johnson & Johnson, cutting an estimated $9M.
- Klingenstein Fields & Co fully exited Oracle in Q3 2018, selling an estimated $16M.
- Klingenstein Fields & Co's ten largest holdings make up 38% of its $2.79B portfolio in Q3 2018.
- Klingenstein Fields & Co opened 9 new positions and closed 7 in Q3 2018.
- Klingenstein Fields & Co's portfolio value rose 6.4% quarter-over-quarter to $2.79B.
Based on Klingenstein Fields & Co's 13F filing for Q3 2018, filed 1 Nov 2018.