Institutional
Lumbard & Kellner, LLC
CIK 0001602476
$288.6M
Reported AUM
99
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Lumbard & Kellner, LLC · Q1 2026
AI · grounded in 13F
Lumbard & Kellner, LLC closed its position in ADVANCED MICRO DEVICES INC COM, reducing exposure by $4.8M. The fund established a new position in XLF valued at $4.87M and added ALKERMES PLC SHS with a $1.86M investment. Other notable exits included closing positions in SNOW for $3.79M and PATH for $3.68M.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | PBR | PETROLEO BRASILEIRO S A SPONSORED ADR | $18.95 | 1.94% | 51.52% | 420.72% | $14.7M | 5.09% | — | HELD |
| 2 | GOOG | ALPHABET INC CAP STK CL C | $334.32 | -0.43% | 77.27% | 132.86% | $14.0M | 4.85% | — | HELD |
| 3 | BIL | STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | $91.65 | 0.02% | 3.74% | 18.97% | $12.1M | 4.20% | — | HELD |
| 4 | HBM | HUDBAY MINERALS INC COM | $22.86 | 4.00% | 150.48% | 274.47% | $10.9M | 3.76% | — | HELD |
| 5 | SPMD | STATE STREET SPDR PORTFOLIO S&P 400 MID CAP ETF | $65.67 | 0.32% | 21.90% | 46.10% | $10.2M | 3.54% | — | HELD |
| 6 | GS | GOLDMAN SACHS GROUP INC COM | $1019.03 | 3.90% | 41.00% | 166.43% | $10.1M | 3.50% | — | HELD |
| 7 | RSP | INVESCO S&P 500 EQUAL WEIGHT ETF | $214.17 | -0.72% | 19.83% | 48.78% | $9.9M | 3.43% | — | HELD |
| 8 | FRDM | FREEDOM 100 EMERGING MARKETS ETF | $64.15 | 4.73% | 55.68% | 101.51% | $8.4M | 2.91% | — | HELD |
| 9 | KMI | KINDER MORGAN INC DEL COM | $31.41 | -1.40% | 16.81% | 154.18% | $8.2M | 2.85% | — | HELD |
| 10 | CSCO | CISCO SYS INC COM | $113.30 | 0.73% | 71.43% | 119.60% | $8.2M | 2.85% | — | HELD |
| 11 | ENS | ENERSYS COM | $186.10 | 5.47% | 99.19% | 118.20% | $7.7M | 2.66% | — | HELD |
| 12 | VYMI | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF | $103.90 | 1.89% | 32.61% | 87.50% | $7.6M | 2.62% | — | HELD |
| 13 | MET | METLIFE INC COM | $96.76 | -0.27% | 34.94% | 80.67% | $7.6M | 2.62% | — | HELD |
| 14 | MTRN | MATERION CORP COM | $207.92 | 9.81% | 80.93% | 165.45% | $7.5M | 2.59% | — | HELD |
| 15 | KTOS | KRATOS DEFENSE & SEC SOLUTIONS COM NEW | $45.10 | 2.77% | -21.90% | 79.17% | $7.4M | 2.57% | — | HELD |
| 16 | FSLR | FIRST SOLAR INC COM | $203.11 | 1.94% | 8.30% | 111.96% | $7.2M | 2.48% | — | HELD |
| 17 | AMZN | AMAZON COM INC COM | $238.51 | 5.23% | 5.54% | 30.60% | $6.8M | 2.35% | — | HELD |
| 18 | LMT | LOCKHEED MARTIN CORP COM | $560.82 | -1.47% | 38.85% | 79.73% | $6.5M | 2.27% | — | HELD |
| 19 | FLBR | FRANKLIN FTSE BRAZIL ETF | $22.55 | 2.04% | 41.11% | 50.48% | $6.5M | 2.24% | — | HELD |
| 20 | NOC | NORTHROP GRUMMAN CORP COM | $526.65 | -1.57% | -8.60% | 54.94% | $6.0M | 2.09% | — | HELD |
| 21 | PRIM | PRIMORIS SVCS CORP COM | $82.89 | 10.87% | -17.75% | 200.99% | $5.9M | 2.06% | — | HELD |
| 22 | JBL | JABIL INC COM | $304.69 | 6.11% | 31.55% | 371.68% | $5.1M | 1.78% | — | HELD |
| 23 | XLF | STATE STREET FINANCIAL SELECT SECTOR SPDR ETF | $56.71 | 0.04% | 12.30% | 61.42% | $4.9M | 1.69% | — | HELD |
| 24 | ETON | ETON PHARMACEUTICALS INC COM | $48.12 | -0.02% | 240.55% | 813.09% | $4.3M | 1.50% | — | HELD |
| 25 | MSFT | MICROSOFT CORP COM | $454.63 | 16.41% | -24.89% | 34.54% | $3.9M | 1.34% | — | HELD |
| 26 | FLKR | FRANKLIN FTSE SOUTH KOREA ETF | $51.97 | 9.76% | 126.48% | 99.56% | $3.9M | 1.34% | — | HELD |
| 27 | BRK/A | BERKSHIRE HATHAWAY INC DEL CL A | — | — | — | — | $3.6M | 1.24% | — | HELD |
| 28 | KRE | STATE STREET SPDR S&P REGIONAL BANKING ETF | $76.27 | 0.12% | 32.66% | 32.58% | $3.6M | 1.24% | — | HELD |
| 29 | ASIX | ADVANSIX INC COM | $20.29 | 0.84% | 8.63% | -38.72% | $3.6M | 1.23% | — | HELD |
| 30 | VTI | VANGUARD TOTAL STOCK MARKET ETF | $364.64 | 1.17% | 19.26% | 65.80% | $3.5M | 1.23% | — | HELD |
| 31 | FLIN | FRANKLIN FTSE INDIA ETF | $35.65 | 1.03% | — | — | $3.4M | 1.17% | — | HELD |
| 32 | QABA | FIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND | $69.33 | -0.08% | — | — | $3.4M | 1.16% | — | HELD |
| 33 | EIDO | ISHARES MSCI INDONESIA ETF | $12.39 | 3.21% | — | — | $3.3M | 1.13% | — | HELD |
| 34 | VEU | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND | $82.81 | 2.70% | — | — | $3.2M | 1.10% | — | HELD |
| 35 | HROW | HARROW INC COM | $38.69 | 0.03% | — | — | $3.1M | 1.08% | — | HELD |
| 36 | AAPL | APPLE INC COM | $332.02 | -1.82% | — | — | $2.9M | 1.00% | — | HELD |
| 37 | AMSC | AMERICAN SUPERCONDUCTOR CORP SHS NEW | $29.14 | 9.40% | — | — | $2.5M | 0.86% | — | HELD |
| 38 | LLY | ELI LILLY & CO COM | $1164.70 | -3.75% | — | — | $2.3M | 0.80% | — | HELD |
| 39 | BRK/B | BERKSHIRE HATHAWAY INC DEL CL B NEW | — | — | — | — | $2.1M | 0.71% | — | HELD |
| 40 | CLIP | GLOBAL X 1-3 MONTH T-BILL ETF | $100.35 | 0.01% | — | — | $2.0M | 0.70% | — | HELD |
| 41 | SPY | STATE STREET SPDR S&P 500 ETF | $738.76 | 1.27% | — | — | $1.9M | 0.66% | — | HELD |
| 42 | ALKS | ALKERMES PLC SHS | $49.40 | 2.19% | — | — | $1.9M | 0.64% | — | HELD |
| 43 | AMAT | APPLIED MATLS INC COM | $496.21 | 13.69% | — | — | $1.8M | 0.63% | — | HELD |
| 44 | DNLI | DENALI THERAPEUTICS INC COM | $24.24 | 1.64% | — | — | $1.8M | 0.63% | — | HELD |
| 45 | BE | BLOOM ENERGY CORP COM CL A | $206.42 | 26.06% | — | — | $1.7M | 0.58% | — | HELD |
| 46 | STNG | SCORPIO TANKERS INC SHS | $76.86 | -2.13% | — | — | $1.4M | 0.49% | — | HELD |
| 47 | XOM | EXXON MOBIL CORP COM | $155.80 | -0.61% | — | — | $1.3M | 0.46% | — | HELD |
| 48 | GLD | SPDR GOLD SHARES | $377.40 | 1.70% | — | — | $1.3M | 0.44% | — | HELD |
| 49 | JPM | JPMORGAN CHASE & CO COM | $350.57 | 1.70% | — | — | $1.2M | 0.43% | — | HELD |
| 50 | JOE | ST JOE CO COM | $64.08 | 3.50% | — | — | $1.1M | 0.40% | — | HELD |
| 51 | SPTM | STATE STREET SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF | $89.74 | 1.18% | — | — | $1.1M | 0.39% | — | HELD |
| 52 | WELL | WELLTOWER INC COM | $234.85 | -2.58% | — | — | $1.1M | 0.38% | — | HELD |
| 53 | QQQ | INVESCO QQQ TRUST SERIES I | $680.91 | 2.90% | — | — | $1.1M | 0.37% | — | HELD |
| 54 | GDX | VANECK GOLD MINERS ETF | $75.94 | 3.23% | — | — | $980K | 0.34% | — | HELD |
| 55 | VTV | VANGUARD VALUE ETF | $219.35 | -0.20% | — | — | $960K | 0.33% | — | HELD |
| 56 | UTI | UNIVERSAL TECHNICAL INST INC COM | $39.49 | -3.78% | — | — | $916K | 0.32% | — | HELD |
| 57 | EWW | ISHARES MSCI MEXICO ETF | $76.90 | 1.76% | — | — | $883K | 0.31% | — | HELD |
| 58 | PHYS | SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR | $31.11 | 1.78% | — | — | $846K | 0.29% | — | HELD |
| 59 | VT | VANGUARD TOTAL WORLD STOCK ETF | $154.90 | 1.76% | — | — | $818K | 0.28% | — | HELD |
| 60 | SPDW | STATE STREET SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | $50.26 | 2.72% | — | — | $793K | 0.27% | — | HELD |
| 61 | BBCA | JPMORGAN BETABUILDERS CANADA ETF | $102.92 | 0.58% | — | — | $791K | 0.27% | — | HELD |
| 62 | HON | HONEYWELL INTL INC COM | $239.58 | -0.64% | — | — | $761K | 0.26% | — | HELD |
| 63 | RTX | RTX CORPORATION COM | $211.48 | -1.75% | — | — | $720K | 0.25% | — | HELD |
| 64 | XLK | STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF | $174.70 | 4.88% | — | — | $683K | 0.24% | — | HELD |
| 65 | XLE | STATE STREET ENERGY SELECT SECTOR SPDR ETF | $58.44 | -0.36% | — | — | $681K | 0.24% | — | HELD |
| 66 | IVV | ISHARES CORE S&P 500 ETF | $742.05 | 1.22% | — | — | $666K | 0.23% | — | HELD |
| 67 | XLU | STATE STREET UTILITIES SELECT SECTOR SPDR ETF | $44.56 | -0.77% | — | — | $602K | 0.21% | — | HELD |
| 68 | UNH | UNITEDHEALTH GROUP INC COM | $424.18 | 0.86% | — | — | $570K | 0.20% | — | HELD |
| 69 | GE | GE AEROSPACE COM NEW | $353.55 | 0.83% | — | — | $563K | 0.20% | — | HELD |
| 70 | MRK | MERCK & CO INC COM | $129.18 | -0.91% | — | — | $562K | 0.19% | — | HELD |
| 71 | ORCL | ORACLE CORP COM | $125.49 | 6.58% | — | — | $555K | 0.19% | — | HELD |
| 72 | CIEN | CIENA CORP COM NEW | $362.55 | 9.74% | — | — | $483K | 0.17% | — | HELD |
| 73 | FE | FIRSTENERGY CORP COM | $49.09 | -0.08% | — | — | $481K | 0.17% | — | HELD |
| 74 | INTC | INTEL CORP COM | $92.47 | 12.93% | — | — | $468K | 0.16% | — | HELD |
| 75 | GEV | GE VERNOVA INC COM | $964.85 | 7.17% | — | — | $451K | 0.16% | — | HELD |
| 76 | SCHO | SCHWAB SHORT-TERM US TREASURY ETF | $24.10 | 0.06% | — | — | $450K | 0.16% | — | HELD |
| 77 | GPRE | GREEN PLAINS INC COM | $17.14 | 4.70% | — | — | $434K | 0.15% | — | HELD |
| 78 | PEP | PEPSICO INC COM | $139.86 | -2.54% | — | — | $410K | 0.14% | — | HELD |
| 79 | ADBE | ADOBE INC COM | $246.51 | -6.42% | — | — | $400K | 0.14% | — | HELD |
| 80 | NI | NISOURCE INC COM | $44.71 | -0.23% | — | — | $373K | 0.13% | — | HELD |
| 81 | JNJ | JOHNSON & JOHNSON COM | $256.34 | -3.46% | — | — | $352K | 0.12% | — | HELD |
| 82 | TSM | TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS | $402.91 | 7.54% | — | — | $318K | 0.11% | — | HELD |
| 83 | PM | PHILIP MORRIS INTL INC COM | $192.04 | -3.23% | — | — | $314K | 0.11% | — | HELD |
| 84 | CMCSA | COMCAST CORP NEW CL A | $23.52 | -4.41% | — | — | $313K | 0.11% | — | HELD |
| 85 | NEE | NEXTERA ENERGY INC COM | $87.43 | -1.16% | — | — | $283K | 0.10% | — | HELD |
| 86 | HD | HOME DEPOT INC COM | $332.72 | -1.64% | — | — | $276K | 0.10% | — | HELD |
| 87 | GILD | GILEAD SCIENCES INC COM | $129.94 | -2.10% | — | — | $273K | 0.09% | — | HELD |
| 88 | META | META PLATFORMS INC CL A | $531.79 | -9.19% | — | — | $268K | 0.09% | — | HELD |
| 89 | AXP | AMERICAN EXPRESS CO COM | $336.76 | 1.59% | — | — | $263K | 0.09% | — | HELD |
| 90 | VUG | VANGUARD GROWTH ETF | $83.94 | 2.28% | — | — | $262K | 0.09% | — | HELD |
| 91 | APH | AMPHENOL CORP CL A | $156.79 | 4.31% | — | — | $253K | 0.09% | — | HELD |
| 92 | KEY | KEYCORP COM | $22.60 | 1.89% | — | — | $231K | 0.08% | — | HELD |
| 93 | IBM | INTERNATIONAL BUSINESS MACHS COM | $222.12 | -1.91% | — | — | $230K | 0.08% | — | HELD |
| 94 | DOV | DOVER CORP COM | $201.61 | 1.83% | — | — | $226K | 0.08% | — | HELD |
| 95 | MDY | STATE STREET SPDR S&P MIDCAP 400 ETF TRUST | $683.41 | 0.33% | — | — | $222K | 0.08% | — | HELD |
| 96 | WM | WASTE MGMT INC DEL COM | $226.51 | -4.26% | — | — | $218K | 0.08% | — | HELD |
| 97 | EPD | ENTERPRISE PRODS PARTNERS L P COM | $38.22 | -1.18% | — | — | $208K | 0.07% | — | HELD |
| 98 | PYPD | POLYPID LTD COM | $4.33 | 6.13% | — | — | $167K | 0.06% | — | HELD |
| 99 | SBC | SBC MED GROUP HLDGS INC COM | $3.05 | -1.77% | — | — | $72K | 0.03% | — | HELD |
Source: SEC EDGAR · accession 0001602476-26-000002. 13F discloses long positions only — shorts, foreign equities, and options are excluded.