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 |
Goldman Sachs
GS
|
+$19.4M |
| 2 |
SAP
SAP
|
+$1.87M |
| 3 |
Crown Castle
CCI
|
+$1.85M |
| 4 |
Labcorp
LH
|
+$1.68M |
| 5 |
Starbucks
SBUX
|
+$904K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
3M
MMM
|
+$11.3M |
| 2 |
CELG
Celgene Corp
CELG
|
+$8.76M |
| 3 |
KSU
Kansas City Southern
KSU
|
+$8.47M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$2.24M |
| 5 |
RTN
Raytheon Company
RTN
|
+$1.67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 15.18% |
| 2 | Healthcare | 15% |
| 3 | Communication Services | 14.86% |
| 4 | Financials | 13.04% |
| 5 | Technology | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Walt Disney
DIS
$207B
| $105M | 5.56% |
807,754
-6,209
| -0.8% | -$859K |
2013 Q2
25 quarters
|
|
2
PepsiCo
PEP
$196B
| $79.6M | 4.2% |
580,838
-6,273
| -1% | -$833K |
2013 Q2
25 quarters
|
|
3
Johnson & Johnson
JNJ
$676B
| $69.6M | 3.68% |
538,094
+1,928
| +0.4% | +$254K |
2013 Q2
25 quarters
|
|
4
Union Pacific
UNP
$179B
| $60.6M | 3.2% |
373,959
-3,455
| -0.9% | -$581K |
2013 Q2
25 quarters
|
|
|
5
Berkshire Hathaway Class B
BRK.B
$1.25T
| $60.4M | 3.19% |
290,265
-10,871
| -4% | -$2.24M |
2013 Q2
25 quarters
|
|
6
Comcast
CMCSA
$88.6B
| $51.3M | 2.71% |
1,137,896
-3,335
| -0.3% | -$148K |
2013 Q2
25 quarters
|
|
7
PayPal
PYPL
$49.3B
| $42.7M | 2.25% |
411,983
-11,623
| -3% | -$1.28M |
2015 Q3
16 quarters
|
|
8
Schwab International Equity ETF
SCHF
$68B
| $42M | 2.22% |
2,634,334
+56,568
| +2% | +$890K |
2016 Q1
14 quarters
|
|
9
Honeywell
HON
$72.1B
| $37.9M | 2% |
237,614
-9,158
| -4% | -$1.46M |
2013 Q2
25 quarters
|
|
10
Amazon
AMZN
$2.88T
| $34.9M | 1.84% |
402,100
-1,800
| -0.4% | -$167K |
2013 Q2
25 quarters
|
|
11
Colgate-Palmolive
CL
$77.8B
| $34.4M | 1.82% |
467,799
-14,641
| -3% | -$1.06M |
2013 Q2
25 quarters
|
|
12
RTX Corp
RTX
$273B
| $32.9M | 1.74% |
382,593
-12,277
| -3% | -$1.02M |
2013 Q2
25 quarters
|
|
13
Microsoft
MSFT
$3.87T
| $30.9M | 1.63% |
222,601
-776
| -0.3% | -$107K |
2013 Q2
25 quarters
|
|
|
RTN
14
DELISTED
Raytheon Company
RTN
| $30.7M | 1.62% |
156,304
-9,038
| -5% | -$1.67M |
2013 Q2
25 quarters
|
|
|
RDS.A
15
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $30.3M | 1.6% |
514,207
-6,446
| -1% | -$383K |
2013 Q2
25 quarters
|
|
|
16
Crown Castle
CCI
$38B
| $29.2M | 1.54% |
210,316
+13,393
| +7% | +$1.85M |
2015 Q3
16 quarters
|
|
17
Alphabet (Google) Class A
GOOGL
$3.61T
| $29.2M | 1.54% |
478,000
-6,220
| -1% | -$368K |
2015 Q4
15 quarters
|
|
18
Schwab U.S Small- Cap ETF
SCHA
$22.4B
| $29.1M | 1.54% |
1,669,708
+21,812
| +1% | +$385K |
2016 Q2
13 quarters
|
|
19
Thermo Fisher Scientific
TMO
$267B
| $28.8M | 1.52% |
98,816
-1,947
| -2% | -$558K |
2015 Q2
17 quarters
|
|
|
20
Labcorp
LH
$30.1B
| $28.7M | 1.52% |
199,169
+11,529
| +6% | +$1.68M |
2013 Q2
25 quarters
|
|
21
American Tower
AMT
$88.4B
| $28.5M | 1.51% |
128,984
-2,136
| -2% | -$466K |
2013 Q2
25 quarters
|
|
22
Merck
MRK
$364B
| $28.5M | 1.5% |
354,838
-5,698
| -2% | -$457K |
2013 Q2
25 quarters
|
|
23
Broadcom
AVGO
$1.64T
| $27.7M | 1.46% |
1,004,210
-19,390
| -2% | -$551K |
2016 Q2
13 quarters
|
|
24
AT&T
T
$150B
| $27.6M | 1.46% |
965,768
-19,663
| -2% | -$521K |
2013 Q2
25 quarters
|
|
25
JPMorgan Chase
JPM
$912B
| $26.8M | 1.41% |
227,719
-3,737
| -2% | -$423K |
2013 Q2
25 quarters
|
|
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Klingenstein Fields & Co's Q3 2019 Portfolio in Review
As of Q3 2019, Klingenstein Fields & Co held 201 positions worth $1.89B, down 1.7% from $1.93B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Klingenstein Fields & Co's Q3 2019 filing shows 6 new, 25 increased, 103 reduced and 10 closed positions. Its largest new stake was State Street SPDR Dow Jones REIT ETF: 2,015 shares worth $211K. The largest sale was 3M, an estimated $11.3M.
By sector, the portfolio is most concentrated in Industrials at 15% of assets, down from 16% a quarter earlier, followed by Healthcare and Communication Services.
- Klingenstein Fields & Co's largest Q3 2019 buy was State Street SPDR Dow Jones REIT ETF: 2,015 shares worth $211K.
- Klingenstein Fields & Co added most to Goldman Sachs in Q3 2019, an estimated $19.4M increase.
- Klingenstein Fields & Co's biggest Q3 2019 reduction was 3M, cutting an estimated $11.3M.
- Klingenstein Fields & Co fully exited Newmont in Q3 2019, selling an estimated $634K.
- Klingenstein Fields & Co's ten largest holdings make up 31% of its $1.89B portfolio in Q3 2019.
- Klingenstein Fields & Co opened 6 new positions and closed 10 in Q3 2019.
- Klingenstein Fields & Co's portfolio value fell 1.7% quarter-over-quarter to $1.89B.
Based on Klingenstein Fields & Co's 13F filing for Q3 2019, filed 1 Nov 2019.