We are live on ! Find out more
LK

Lumbard & Kellner Portfolio holdings

AUM $289M
1-Year Est. Return 59.5%
This Fund
S&P 500
This Quarter Est. Return
+2.96%
1 Year Est. Return
+59.5%
3 Year Est. Return
+104.56%
5 Year Est. Return
+138.29%
10 Year Est. Return
+362.85%
AUM
$179M
AUM Growth
-$19.5M
Cap. Flow
-$28.7M
Cap. Flow %
-16%
Top 10 Hldgs %
44.69%
Holding
95
New
6
Increased
7
Reduced
28
Closed
22

Top Buys

Rank Stock Value
1
BIL icon
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
+$2.23M
2
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$1.99M
3
PBR icon
Petrobras
PBR
+$1.88M
4
QQQ icon
Invesco QQQ Trust
QQQ
+$803K
5
RTX icon
RTX Corp
RTX
+$357K

Top Sells

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$3.74M
2
AR icon
Antero Resources
AR
+$2.64M
3
NSC icon
Norfolk Southern
NSC
+$2.27M
4
SDRL icon
Seadrill
SDRL
+$1.99M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$993K

Sector Composition

Rank Sector Weight
1 Energy 14.6%
2 Financials 13.83%
3 Industrials 8.8%
4 Communication Services 6.71%
5 Technology 5.22%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DXJ icon
51
WisdomTree Japan Hedged Equity Fund
DXJ
$7.05B
$267K 0.15%
3,206
– –
JNJ icon
52
Johnson & Johnson
JNJ
$609B
$241K 0.13%
1,440
– –
GE icon
53
GE Aerospace
GE
$364B
$238K 0.13%
2,613
-156
-6% -$12.6K
NI icon
54
NiSource
NI
$22B
$223K 0.12%
8,000
– –
LTHM
55
DELISTED
Livent Corporation
LTHM
$206K 0.11%
+8,349
New +$200K
SPTM icon
56
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.5B
$203K 0.11%
+3,692
New +$190K
AR icon
57
Antero Resources
AR
$10.4B
– –
-114,919
Closed -$2.64M
BMY icon
58
Bristol-Myers Squibb
BMY
$124B
– –
-917
Closed -$61.4K
GMS
59
DELISTED
GMS Inc
GMS
– –
-5,655
Closed -$327K
KMB icon
60
Kimberly-Clark
KMB
$36B
– –
-1,500
Closed -$217K
META icon
61
Meta Platforms (Facebook)
META
$1.64T
– –
-15,811
Closed -$3.74M
MINT icon
62
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
– –
-5,787
Closed -$574K
NSC icon
63
Norfolk Southern
NSC
$76.4B
– –
-11,133
Closed -$2.27M
PCG icon
64
PG&E
PCG
$38.1B
– –
-26,003
Closed -$420K
SDRL icon
65
Seadrill
SDRL
$2.7B
– –
-54,755
Closed -$1.99M
1 2
3

Similar funds

NPI
New Perspectives Inc Ridgeland, Mississippi $289M AUM 17.42% 1-Year Est. Return
WCA
Whetstone Capital Advisors Shawnee Mission, Kansas $288M AUM 44.06% 1-Year Est. Return
PSA
Plum Street Advisors New Orleans, Louisiana $289M AUM 17.28% 1-Year Est. Return
RIA
Realta Investment Advisors Wilmington, Delaware $288M AUM 38.96% 1-Year Est. Return
NWWA
New Wave Wealth Advisors Springdale, Arkansas $288M AUM 31.14% 1-Year Est. Return
GIM
Goodlander Investment Management Dallas, Texas $289M AUM 225.62% 1-Year Est. Return
CAM
Costello Asset Management Feasterville, Pennsylvania $289M AUM 27.04% 1-Year Est. Return
WI
WrapManager Inc Mill Valley, California $288M AUM 16.3% 1-Year Est. Return

Lumbard & Kellner's Q2 2023 Portfolio in Review

As of Q2 2023, Lumbard & Kellner held 95 positions worth $179M, down 9.8% from $199M the previous quarter. Its ten largest holdings account for 45% of the portfolio.

Lumbard & Kellner withdrew a net $28.7M in Q2 2023, closing 22 positions and reducing 28 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $3.74M position sold in full.

By sector, the portfolio is most concentrated in Energy at 15% of assets, up from 13% a quarter earlier, followed by Financials and Industrials.

Against the trend, Lumbard & Kellner opened a new position in Berkshire Hathaway Class A worth $2.07M.

  • Lumbard & Kellner's largest Q2 2023 buy was Berkshire Hathaway Class A: 4 shares worth $2.07M.
  • Lumbard & Kellner added most to State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q2 2023, an estimated $2.23M increase.
  • Lumbard & Kellner's biggest Q2 2023 reduction was Alphabet (Google) Class C, cutting an estimated $993K.
  • Lumbard & Kellner fully exited Meta Platforms (Facebook) in Q2 2023, selling an estimated $3.74M.
  • Lumbard & Kellner's ten largest holdings make up 45% of its $179M portfolio in Q2 2023.
  • Lumbard & Kellner opened 6 new positions and closed 22 in Q2 2023.
  • Lumbard & Kellner's portfolio value fell 9.8% quarter-over-quarter to $179M.

Based on Lumbard & Kellner's 13F filing for Q2 2023, filed 4 Aug 2023.