Lumbard & Kellner, LLC Q3 2025 Filing
Filed November 12, 2025
Portfolio Value
$271.9B
Holdings
97
Report Date
Q3 2025
Filing Type
13F-HR
All Holdings (97 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | BILSPDR BLOOMBERG 1-3 MONTH T-BILL ETF | 173,886 | $16.0B | 5.87% | |
| 2 | GOOGALPHABET INC CAP STK CL C | 48,594 | $11.8B | 4.35% | |
| 3 | SPMDSPDR PORTFOLIO S&P 400 MID CAP ETF | 180,153 | $10.3B | 3.79% | |
| 4 | GSGOLDMAN SACHS GROUP INC COM | 12,191 | $9.7B | 3.57% | |
| 5 | KTOSKRATOS DEFENSE & SEC SOLUTIONS COM NEW | 105,828 | $9.7B | 3.56% | |
| 6 | FSLRFIRST SOLAR INC COM | 42,553 | $9.4B | 3.45% | |
| 7 | METMETLIFE INC COM | 107,380 | $8.8B | 3.25% | |
| 8 | HBMHUDBAY MINERALS INC COM | 533,632 | $8.1B | 2.98% | |
| 9 | CSCOCISCO SYS INC COM | 107,617 | $7.4B | 2.71% | |
| 10 | KMIKINDER MORGAN INC DEL COM | 248,389 | $7.0B | 2.59% | |
| 11 | FRDMFREEDOM 100 EMERGING MARKETS ETF | 154,442 | $6.8B | 2.52% | |
| 12 | VYMIVANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF | 80,146 | $6.8B | 2.50% | |
| 13 | PBRPETROLEO BRASILEIRO SA PETROBR SPONSORED ADR | 507,838 | $6.4B | 2.36% | |
| 14 | MTRNMATERION CORP COM | 52,290 | $6.3B | 2.32% | |
| 15 | AMZNAMAZON COM INC COM | 28,415 | $6.2B | 2.29% | |
| 16 | PRIMPRIMORIS SVCS CORP COM | 41,148 | $5.7B | 2.08% | |
| 17 | MSFTMICROSOFT CORP COM | 10,451 | $5.4B | 1.99% | |
| 18 | LMTLOCKHEED MARTIN CORP COM | 10,837 | $5.4B | 1.99% | |
| 19 | NOCNORTHROP GRUMMAN CORP COM | 8,870 | $5.4B | 1.99% | |
| 20 | RSPINVESCO S&P 500 EQUAL WEIGHT ETF | 28,031 | $5.3B | 1.96% | |
| 21 | AMDADVANCED MICRO DEVICES INC COM | 32,306 | $5.2B | 1.92% | |
| 22 | ENSENERSYS COM | 44,526 | $5.0B | 1.85% | |
| 23 | FLBRFRANKLIN FTSE BRAZIL ETF | 261,948 | $5.0B | 1.84% | |
| 24 | AMSCAMERICAN SUPERCONDUCTOR CORP SHS NEW | 72,439 | $4.3B | 1.58% | |
| 25 | HROWHARROW INC COM | 88,855 | $4.3B | 1.57% | |
| 26 | JBLJABIL INC COM | 19,426 | $4.2B | 1.55% | |
| 27 | G3VGREEN PLAINS INC COM | 470,168 | $4.1B | 1.52% | |
| 28 | SNOWSNOWFLAKE INC COM SHS | 17,440 | $3.9B | 1.45% | |
| 29 | ETONETON PHARMACEUTICALS INC COM | 176,300 | $3.8B | 1.41% | |
| 30 | BRK-BBERKSHIRE HATHAWAY INC DEL CL A | 5 | $3.8B | 1.39% | |
| 31 | FLINFRANKLIN FTSE INDIA ETF | 100,020 | $3.7B | 1.37% | |
| 32 | VTIVANGUARD TOTAL STOCK MARKET ETF | 11,020 | $3.6B | 1.33% | |
| 33 | EIDOISHARES MSCI INDONESIA ETF | 199,152 | $3.5B | 1.29% | |
| 34 | QABAFIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND | 57,755 | $3.2B | 1.19% | |
| 35 | AAPLAPPLE INC COM | 12,401 | $3.2B | 1.16% | |
| 36 | VEUVANGUARD FTSE ALL-WORLD EX-US INDEX FUND | 41,610 | $3.0B | 1.09% | |
| 37 | BEBLOOM ENERGY CORP COM CL A | 33,467 | $2.8B | 1.04% | |
| 38 | PRUPRUDENTIAL FINL INC COM | 25,996 | $2.7B | 0.99% | |
| 39 | FLKRFRANKLIN FTSE SOUTH KOREA ETF | 98,588 | $2.7B | 0.98% | |
| 40 | CLIPGLOBAL X 1-3 MONTH T-BILL ETF | 23,937 | $2.4B | 0.88% | |
| 41 | FIVNFIVE9 INC COM | 88,046 | $2.1B | 0.78% | |
| 42 | BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEW | 4,062 | $2.0B | 0.75% | |
| 43 | SPYSPDR S&P 500 ETF TRUST | 2,932 | $2.0B | 0.72% | |
| 44 | LLYELI LILLY & CO COM | 2,520 | $1.9B | 0.71% | |
| 45 | JPMJPMORGAN CHASE & CO. COM | 4,184 | $1.3B | 0.49% | |
| 46 | SPTMSPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF | 14,330 | $1.2B | 0.43% | |
| 47 | NDQINVESCO QQQ TRUST SERIES I | 1,865 | $1.1B | 0.41% | |
| 48 | AMATAPPLIED MATLS INC COM | 5,400 | $1.1B | 0.41% | |
| 49 | ORCLORACLE CORP COM | 3,840 | $1.1B | 0.40% | |
| 50 | STNGSCORPIO TANKERS INC SHS | 19,020 | $1.1B | 0.39% | |
| 51 | SCHOSCHWAB SHORT-TERM US TREASURY ETF | 42,987 | $1.0B | 0.39% | |
| 52 | SGOVISHARES 0-3 MONTH TREASURY BOND ETF | 10,416 | $1.0B | 0.39% | |
| 53 | GQ9SPDR GOLD SHARES | 2,880 | $1.0B | 0.38% | |
| 54 | WELLWELLTOWER INC COM | 5,496 | $979.1M | 0.36% | |
| 55 | XOMEXXON MOBIL CORP COM | 8,548 | $963.8M | 0.35% | |
| 56 | VTVVANGUARD VALUE ETF | 4,893 | $912.5M | 0.34% | |
| 57 | JOEST JOE CO COM | 16,986 | $840.5M | 0.31% | |
| 58 | GDXVANECK GOLD MINERS ETF | 10,684 | $816.3M | 0.30% | |
| 59 | VTVANGUARD TOTAL WORLD STOCK ETF | 5,914 | $814.9M | 0.30% | |
| 60 | UTIUNIVERSAL TECHNICAL INST INC COM | 24,825 | $808.1M | 0.30% | |
| 61 | LVLNSPDR S&P REGIONAL BANKING ETF | 11,840 | $749.5M | 0.28% | |
| 62 | SPDWSPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | 17,381 | $743.7M | 0.27% | |
| 63 | XLKTECHNOLOGY SELECT SECTOR SPDR FUND | 2,599 | $732.6M | 0.27% | |
| 64 | UNHUNITEDHEALTH GROUP INC COM | 2,098 | $724.4M | 0.27% | |
| 65 | HONHONEYWELL INTL INC COM | 3,368 | $709.0M | 0.26% | |
| 66 | PHYS/USPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR | 23,831 | $705.9M | 0.26% | |
| 67 | IVVISHARES CORE S&P 500 ETF | 970 | $649.2M | 0.24% | |
| 68 | EWWISHARES MSCI MEXICO ETF | 9,326 | $636.1M | 0.23% | |
| 69 | RTXRTX CORPORATION COM | 3,734 | $624.8M | 0.23% | |
| 70 | BBCAJPMORGAN BETABUILDERS CANADA ETF | 7,091 | $618.5M | 0.23% | |
| 71 | GEGE AEROSPACE COM NEW | 1,983 | $596.5M | 0.22% | |
| 72 | XLUUTILITIES SELECT SECTOR SPDR FUND | 6,378 | $556.2M | 0.20% | |
| 73 | XLEENERGY SELECT SECTOR SPDR FUND | 5,275 | $471.3M | 0.17% | |
| 74 | FEFIRSTENERGY CORP COM | 9,485 | $434.6M | 0.16% | |
| 75 | MRKMERCK & CO INC COM | 4,671 | $392.0M | 0.14% | |
| 76 | PEPPEPSICO INC COM | 2,640 | $370.8M | 0.14% | |
| 77 | INTCINTEL CORP COM | 10,600 | $355.6M | 0.13% | |
| 78 | NINISOURCE INC COM | 8,000 | $346.4M | 0.13% | |
| 79 | METAMETA PLATFORMS INC CL A | 468 | $343.7M | 0.13% | |
| 80 | CMCSACOMCAST CORP NEW CL A | 10,913 | $342.9M | 0.13% | |
| 81 | HDHOME DEPOT INC COM | 838 | $339.5M | 0.12% | |
| 82 | GEVGE VERNOVA INC COM | 517 | $317.9M | 0.12% | |
| 83 | 4I1PHILIP MORRIS INTL INC COM | 1,900 | $308.2M | 0.11% | |
| 84 | SPTSSPDR PORTFOLIO SHORT TERM TREASURY ETF | 9,900 | $290.3M | 0.11% | |
| 85 | AXPAMERICAN EXPRESS CO COM | 870 | $289.0M | 0.11% | |
| 86 | VUGVANGUARD GROWTH ETF | 600 | $287.8M | 0.11% | |
| 87 | IBMINTERNATIONAL BUSINESS MACHS COM | 950 | $268.1M | 0.10% | |
| 88 | JNJJOHNSON & JOHNSON COM | 1,440 | $267.0M | 0.10% | |
| 89 | TSMTAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS | 941 | $262.8M | 0.10% | |
| 90 | CIENCIENA CORP COM NEW | 1,731 | $252.2M | 0.09% | |
| 91 | NEENEXTERA ENERGY INC COM | 3,052 | $230.4M | 0.08% | |
| 92 | GILDGILEAD SCIENCES INC COM | 1,960 | $217.6M | 0.08% | |
| 93 | KEYKEYCORP COM | 11,500 | $214.9M | 0.08% | |
| 94 | MDYSPDR S&P MIDCAP 400 ETF TRUST | 360 | $214.6M | 0.08% | |
| 95 | WMWASTE MGMT INC DEL COM | 950 | $209.8M | 0.08% | |
| 96 | PYPDPOLYPID LTD COM | 38,200 | $127.4M | 0.05% | |
| 97 | ADAPYADAPTIMMUNE THERAPEUTICS PLC SPONDS ADS | 114,264 | $14.9M | 0.01% |