Lumbard & Kellner, LLC

CIK: 0001602476SEC EDGAR →

Portfolio Value

$285.5M

Holdings

100

As of

Q4 2025

New Positions

97

Closed Positions

0

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ALPHABET INC CAP STK CL C

48,276$15.1M
5.31%
2

STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF

153,870$14.1M
4.92%
3

GOLDMAN SACHS GROUP INC COM

11,910$10.5M
3.67%
4

HUDBAY MINERALS INC COM

519,436$10.3M
3.61%
5

STATE STREET SPDR PORTFOLIO S&P 400 MID CAP ETF

170,262$9.9M
3.45%
6

INVESCO S&P 500 EQUAL WEIGHT ETF

50,749$9.7M
3.40%
7

FIRST SOLAR INC COM

36,236$9.5M
3.31%
8

METLIFE INC COM

106,660$8.4M
2.95%
9

PETROLEO BRASILEIRO SA PETROBR SPONSORED ADR

707,365$8.4M
2.94%
10

CISCO SYS INC COM

105,870$8.2M
2.86%

Quarterly Changes

Top Buys

RSP↑ Increased
$4.4M
PATHNEW
$3.7M
ASIXNEW
$2.5M
PBR↑ Increased
$2.0M
ADBENEW
$569K

Top Sells

ADAPYCLOSED
$14.9M
GOOG↓ Decreased
$3.3M
AMSC↓ Decreased
$2.3M
HBM↓ Decreased
$2.2M
FIVNCLOSED
$2.1M

New Positions (5)

$3.7M · 224K shares
$2.5M · 145K shares
$569K · 2K shares
$215K · 3K shares
$211K · 1K shares

Closed Positions (2)

$14.9M · 114K shares
$2.1M · 88K shares

Sector Breakdown

Sector# HoldingsValue%
Financial Services36$113.5M39.7%
Technology14$36.9M12.9%
Industrials12$35.7M12.5%
Energy5$26.5M9.3%
Basic Materials3$19.2M6.7%
Communication Services3$15.8M5.5%
Unknown8$14.5M5.1%
Healthcare8$11.9M4.2%
Consumer Cyclical3$7.0M2.5%
Real Estate2$2.1M0.7%
Utilities4$1.3M0.5%
Consumer Defensive2$1.0M0.4%