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 | $19.40 | 1.46% | 55.84% | 435.56% | $14.7M | 5.09% | — | HELD |
| 2 | GOOG | ALPHABET INC CAP STK CL C | $356.65 | 6.88% | 76.17% | 131.42% | $14.0M | 4.85% | — | HELD |
| 3 | BIL | STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | $91.68 | 0.03% | 3.76% | 18.99% | $12.1M | 4.20% | — | HELD |
| 4 | HBM | HUDBAY MINERALS INC COM | $22.73 | -0.11% | 151.25% | 275.62% | $10.9M | 3.76% | — | HELD |
| 5 | SPMD | STATE STREET SPDR PORTFOLIO S&P 400 MID CAP ETF | $65.96 | -0.10% | 22.96% | 47.38% | $10.2M | 3.54% | — | HELD |
| 6 | GS | GOLDMAN SACHS GROUP INC COM | $1017.98 | -0.67% | 47.34% | 178.41% | $10.1M | 3.50% | — | HELD |
| 7 | RSP | INVESCO S&P 500 EQUAL WEIGHT ETF | $214.95 | -0.20% | 19.76% | 48.72% | $9.9M | 3.43% | — | HELD |
| 8 | FRDM | FREEDOM 100 EMERGING MARKETS ETF | $65.11 | 0.66% | 65.47% | 114.18% | $8.4M | 2.91% | — | HELD |
| 9 | KMI | KINDER MORGAN INC DEL COM | $32.18 | 1.64% | 16.11% | 152.66% | $8.2M | 2.85% | — | HELD |
| 10 | CSCO | CISCO SYS INC COM | $115.99 | 2.14% | 73.60% | 122.41% | $8.2M | 2.85% | — | HELD |
| 11 | ENS | ENERSYS COM | $185.97 | 0.66% | 108.57% | 128.48% | $7.7M | 2.66% | — | HELD |
| 12 | VYMI | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF | $103.56 | -0.51% | 34.23% | 89.80% | $7.6M | 2.62% | — | HELD |
| 13 | MET | METLIFE INC COM | $96.13 | -0.97% | 33.93% | 79.31% | $7.6M | 2.62% | — | HELD |
| 14 | MTRN | MATERION CORP COM | $210.84 | 1.31% | 98.87% | 191.76% | $7.5M | 2.59% | — | HELD |
| 15 | KTOS | KRATOS DEFENSE & SEC SOLUTIONS COM NEW | $46.60 | 0.93% | -17.83% | 88.51% | $7.4M | 2.57% | — | HELD |
| 16 | FSLR | FIRST SOLAR INC COM | $211.03 | 2.44% | 11.98% | 119.16% | $7.2M | 2.48% | — | HELD |
| 17 | AMZN | AMAZON COM INC COM | $271.42 | 15.25% | 9.66% | 35.70% | $6.8M | 2.35% | — | HELD |
| 18 | LMT | LOCKHEED MARTIN CORP COM | $583.00 | 1.55% | 40.04% | 81.28% | $6.5M | 2.27% | — | HELD |
| 19 | FLBR | FRANKLIN FTSE BRAZIL ETF | $22.88 | 0.88% | 44.81% | 54.43% | $6.5M | 2.24% | — | HELD |
| 20 | NOC | NORTHROP GRUMMAN CORP COM | $542.48 | 1.43% | -7.86% | 56.21% | $6.0M | 2.09% | — | HELD |
| 21 | PRIM | PRIMORIS SVCS CORP COM | $84.41 | -1.45% | -5.77% | 244.84% | $5.9M | 2.06% | — | HELD |
| 22 | JBL | JABIL INC COM | $315.10 | 2.13% | 41.34% | 406.80% | $5.1M | 1.78% | — | HELD |
| 23 | XLF | STATE STREET FINANCIAL SELECT SECTOR SPDR ETF | $56.93 | -0.12% | 12.82% | 62.18% | $4.9M | 1.69% | — | HELD |
| 24 | ETON | ETON PHARMACEUTICALS INC COM | $46.42 | -5.32% | 228.59% | 781.02% | $4.3M | 1.50% | — | HELD |
| 25 | MSFT | MICROSOFT CORP COM | $465.00 | 3.08% | -13.24% | 55.41% | $3.9M | 1.34% | — | HELD |
| 26 | FLKR | FRANKLIN FTSE SOUTH KOREA ETF | $51.49 | -2.28% | 124.76% | 98.04% | $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 | $76.07 | 0.23% | 32.14% | 32.06% | $3.6M | 1.24% | — | HELD |
| 29 | ASIX | ADVANSIX INC COM | $20.06 | -2.62% | 11.23% | -37.26% | $3.6M | 1.23% | — | HELD |
| 30 | VTI | VANGUARD TOTAL STOCK MARKET ETF | $368.22 | 0.53% | 21.20% | 68.49% | $3.5M | 1.23% | — | HELD |
| 31 | FLIN | FRANKLIN FTSE INDIA ETF | $35.68 | 0.25% | — | — | $3.4M | 1.17% | — | HELD |
| 32 | QABA | FIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND | $69.02 | 0.12% | — | — | $3.4M | 1.16% | — | HELD |
| 33 | EIDO | ISHARES MSCI INDONESIA ETF | $12.37 | 0.00% | — | — | $3.3M | 1.13% | — | HELD |
| 34 | VEU | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND | $82.85 | -0.22% | — | — | $3.2M | 1.10% | — | HELD |
| 35 | HROW | HARROW INC COM | $38.77 | -0.44% | — | — | $3.1M | 1.08% | — | HELD |
| 36 | AAPL | APPLE INC COM | $310.42 | -6.90% | — | — | $2.9M | 1.00% | — | HELD |
| 37 | AMSC | AMERICAN SUPERCONDUCTOR CORP SHS NEW | $29.37 | -0.27% | — | — | $2.5M | 0.86% | — | HELD |
| 38 | LLY | ELI LILLY & CO COM | $1148.35 | -0.57% | — | — | $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 | $100.39 | 0.03% | — | — | $2.0M | 0.70% | — | HELD |
| 41 | SPY | STATE STREET SPDR S&P 500 ETF | $746.85 | 0.70% | — | — | $1.9M | 0.66% | — | HELD |
| 42 | ALKS | ALKERMES PLC SHS | $48.99 | -2.08% | — | — | $1.9M | 0.64% | — | HELD |
| 43 | AMAT | APPLIED MATLS INC COM | $507.67 | 1.18% | — | — | $1.8M | 0.63% | — | HELD |
| 44 | DNLI | DENALI THERAPEUTICS INC COM | $23.02 | -5.46% | — | — | $1.8M | 0.63% | — | HELD |
| 45 | BE | BLOOM ENERGY CORP COM CL A | $205.82 | -0.63% | — | — | $1.7M | 0.58% | — | HELD |
| 46 | STNG | SCORPIO TANKERS INC SHS | $77.91 | 3.15% | — | — | $1.4M | 0.49% | — | HELD |
| 47 | XOM | EXXON MOBIL CORP COM | $155.44 | -0.97% | — | — | $1.3M | 0.46% | — | HELD |
| 48 | GLD | SPDR GOLD SHARES | $371.53 | -1.49% | — | — | $1.3M | 0.44% | — | HELD |
| 49 | JPM | JPMORGAN CHASE & CO COM | $351.86 | 0.29% | — | — | $1.2M | 0.43% | — | HELD |
| 50 | JOE | ST JOE CO COM | $62.24 | -1.32% | — | — | $1.1M | 0.40% | — | HELD |
| 51 | SPTM | STATE STREET SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF | $90.73 | 0.62% | — | — | $1.1M | 0.39% | — | HELD |
| 52 | WELL | WELLTOWER INC COM | $234.80 | -0.35% | — | — | $1.1M | 0.38% | — | HELD |
| 53 | QQQ | INVESCO QQQ TRUST SERIES I | $688.22 | 0.68% | — | — | $1.1M | 0.37% | — | HELD |
| 54 | GDX | VANECK GOLD MINERS ETF | $74.10 | -3.49% | — | — | $980K | 0.34% | — | HELD |
| 55 | VTV | VANGUARD VALUE ETF | $219.92 | -0.28% | — | — | $960K | 0.33% | — | HELD |
| 56 | UTI | UNIVERSAL TECHNICAL INST INC COM | $39.31 | -1.87% | — | — | $916K | 0.32% | — | HELD |
| 57 | EWW | ISHARES MSCI MEXICO ETF | $76.81 | -0.39% | — | — | $883K | 0.31% | — | HELD |
| 58 | PHYS | SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR | $30.59 | -1.61% | — | — | $846K | 0.29% | — | HELD |
| 59 | VT | VANGUARD TOTAL WORLD STOCK ETF | $155.86 | 0.26% | — | — | $818K | 0.28% | — | HELD |
| 60 | SPDW | STATE STREET SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | $50.07 | -0.69% | — | — | $793K | 0.27% | — | HELD |
| 61 | BBCA | JPMORGAN BETABUILDERS CANADA ETF | $102.41 | -0.75% | — | — | $791K | 0.27% | — | HELD |
| 62 | HON | HONEYWELL INTL INC COM | $243.05 | 0.47% | — | — | $761K | 0.26% | — | HELD |
| 63 | RTX | RTX CORPORATION COM | $215.15 | 0.36% | — | — | $720K | 0.25% | — | HELD |
| 64 | XLK | STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF | $175.28 | -0.26% | — | — | $683K | 0.24% | — | HELD |
| 65 | XLE | STATE STREET ENERGY SELECT SECTOR SPDR ETF | $59.55 | 1.00% | — | — | $681K | 0.24% | — | HELD |
| 66 | IVV | ISHARES CORE S&P 500 ETF | $750.46 | 0.71% | — | — | $666K | 0.23% | — | HELD |
| 67 | XLU | STATE STREET UTILITIES SELECT SECTOR SPDR ETF | $44.35 | -0.69% | — | — | $602K | 0.21% | — | HELD |
| 68 | UNH | UNITEDHEALTH GROUP INC COM | $414.22 | -1.72% | — | — | $570K | 0.20% | — | HELD |
| 69 | GE | GE AEROSPACE COM NEW | $360.33 | 1.49% | — | — | $563K | 0.20% | — | HELD |
| 70 | MRK | MERCK & CO INC COM | $130.22 | 0.33% | — | — | $562K | 0.19% | — | HELD |
| 71 | ORCL | ORACLE CORP COM | $129.88 | 1.82% | — | — | $555K | 0.19% | — | HELD |
| 72 | CIEN | CIENA CORP COM NEW | $377.05 | 1.34% | — | — | $483K | 0.17% | — | HELD |
| 73 | FE | FIRSTENERGY CORP COM | $48.31 | -0.82% | — | — | $481K | 0.17% | — | HELD |
| 74 | INTC | INTEL CORP COM | $90.20 | -1.02% | — | — | $468K | 0.16% | — | HELD |
| 75 | GEV | GE VERNOVA INC COM | $990.11 | 0.83% | — | — | $451K | 0.16% | — | HELD |
| 76 | SCHO | SCHWAB SHORT-TERM US TREASURY ETF | $24.10 | -0.04% | — | — | $450K | 0.16% | — | HELD |
| 77 | GPRE | GREEN PLAINS INC COM | $16.85 | -2.49% | — | — | $434K | 0.15% | — | HELD |
| 78 | PEP | PEPSICO INC COM | $139.56 | -0.46% | — | — | $410K | 0.14% | — | HELD |
| 79 | ADBE | ADOBE INC COM | $250.41 | 1.01% | — | — | $400K | 0.14% | — | HELD |
| 80 | NI | NISOURCE INC COM | $44.43 | -1.42% | — | — | $373K | 0.13% | — | HELD |
| 81 | JNJ | JOHNSON & JOHNSON COM | $256.32 | 0.20% | — | — | $352K | 0.12% | — | HELD |
| 82 | TSM | TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS | $404.31 | 0.25% | — | — | $318K | 0.11% | — | HELD |
| 83 | PM | PHILIP MORRIS INTL INC COM | $190.80 | -0.62% | — | — | $314K | 0.11% | — | HELD |
| 84 | CMCSA | COMCAST CORP NEW CL A | $23.96 | 1.23% | — | — | $313K | 0.11% | — | HELD |
| 85 | NEE | NEXTERA ENERGY INC COM | $86.93 | -1.14% | — | — | $283K | 0.10% | — | HELD |
| 86 | HD | HOME DEPOT INC COM | $331.99 | -0.41% | — | — | $276K | 0.10% | — | HELD |
| 87 | GILD | GILEAD SCIENCES INC COM | $130.21 | -0.82% | — | — | $273K | 0.09% | — | HELD |
| 88 | META | META PLATFORMS INC CL A | $556.34 | 3.21% | — | — | $268K | 0.09% | — | HELD |
| 89 | AXP | AMERICAN EXPRESS CO COM | $336.25 | -0.38% | — | — | $263K | 0.09% | — | HELD |
| 90 | VUG | VANGUARD GROWTH ETF | $85.18 | 1.08% | — | — | $262K | 0.09% | — | HELD |
| 91 | APH | AMPHENOL CORP CL A | $160.73 | 0.57% | — | — | $253K | 0.09% | — | HELD |
| 92 | KEY | KEYCORP COM | $22.59 | -0.09% | — | — | $231K | 0.08% | — | HELD |
| 93 | IBM | INTERNATIONAL BUSINESS MACHS COM | $223.79 | 0.92% | — | — | $230K | 0.08% | — | HELD |
| 94 | DOV | DOVER CORP COM | $204.62 | 0.27% | — | — | $226K | 0.08% | — | HELD |
| 95 | MDY | STATE STREET SPDR S&P MIDCAP 400 ETF TRUST | $686.41 | -0.11% | — | — | $222K | 0.08% | — | HELD |
| 96 | WM | WASTE MGMT INC DEL COM | $226.54 | 0.09% | — | — | $218K | 0.08% | — | HELD |
| 97 | EPD | ENTERPRISE PRODS PARTNERS L P COM | $38.04 | -0.21% | — | — | $208K | 0.07% | — | HELD |
| 98 | PYPD | POLYPID LTD COM | $4.29 | -1.83% | — | — | $167K | 0.06% | — | HELD |
| 99 | SBC | SBC MED GROUP HLDGS INC COM | $3.06 | 0.66% | — | — | $72K | 0.03% | — | HELD |
Source: SEC EDGAR · accession 0001602476-26-000002. 13F discloses long positions only — shorts, foreign equities, and options are excluded.