Filed: 2/14/2025ACC: 0001072613-25-000115
📋 What this filing means
KARPUS MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 205 equity positions with a total reported market value of $3.38B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
205
Positions
$3.38B
Total AUM (reported)
255.28M
Total Shares
Allocation by class
COM$1.48B43.8%
S&P 500 ETF SHS$251.66M7.4%
ORD SHS CL A$104.53M3.1%
SHS CL A$99.78M3.0%
SHS$93.81M2.8%
CL A$93.78M2.8%
COM SHS$92.95M2.7%
Portfolio Concentration
Top 3$581.08M17.2%
4–10$600.85M17.8%
11–25$711.16M21.0%
Rest$1.49B44.0%
Top 3 weight
17.2%
Top 10 weight
35.0%
Voting Authority Distribution
Total shares with voting rights: 255.28M
Sole
Full voting authority
255.28M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole205
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings205
Rows:
VANGUARD INDEX FDS S&P 500 ETF SH
SOLEShares467.07K
TypeSH
Market value$251.66M
7.44%
Sole
467.07K
Shared
0.00
None
0.00
NUVEEN NY AMT FREE MUN INCOME COM
SOLEShares19.25M
TypeSH
Market value$201.39M
5.96%
Sole
19.25M
Shared
0.00
None
0.00
BLACKROCK MUNICIPAL INCOME FUND
SOLEShares10.56M
TypeSH
Market value$128.03M
3.79%
Sole
10.56M
Shared
0.00
None
0.00
NUVEEN AMT-FR QLTY MUNI INC
SOLEShares10.75M
TypeSH
Market value$121.24M
3.59%
Sole
10.75M
Shared
0.00
None
0.00
BLACKROCK MUNIHOLDINGS FUND INC
SOLEShares7.49M
TypeSH
Market value$87.46M
2.59%
Sole
7.49M
Shared
0.00
None
0.00
ISHARES CORE S&P500 ETF
SOLEShares144.30K
TypeSH
Market value$84.95M
2.51%
Sole
144.30K
Shared
0.00
None
0.00
EATON VANCE MUN BD FD COM
SOLEShares7.79M
TypeSH
Market value$80.66M
2.39%
Sole
7.79M
Shared
0.00
None
0.00
BLACKROCK MUNIVEST FUND
SOLEShares11.30M
TypeSH
Market value$79.55M
2.35%
Sole
11.30M
Shared
0.00
None
0.00
VANGUARD INDEX FDS SMALL CP ETF
SOLEShares326.49K
TypeSH
Market value$78.45M
2.32%
Sole
326.49K
Shared
0.00
None
0.00
NUVEEN QUALITY MUNICIPAL INCOME FUND
SOLEShares5.88M
TypeSH
Market value$68.55M
2.03%
Sole
5.88M
Shared
0.00
None
0.00
WESTERN ASSET CLYM INFL SEC IN COM SH BEN INT
SOLEShares7.74M
TypeSH
Market value$61.94M
1.83%
Sole
7.74M
Shared
0.00
None
0.00
AA MISSION ACQ CRP; TNT ACQ DT: 8/1/2026; CASH: $10.05
SOLEShares6M
TypeSH
Market value$60.60M
1.79%
Sole
6M
Shared
0.00
None
0.00
BLACKROCK 2030 MUNICIPAL TARGET TERM TRUST
SOLEShares2.81M
TypeSH
Market value$57.93M
1.71%
Sole
2.81M
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF
SOLEShares1.22M
TypeSH
Market value$53.90M
1.59%
Sole
1.22M
Shared
0.00
None
0.00
NUVEEN NAS100 DYN OVERWRT FD
SOLEShares1.84M
TypeSH
Market value$49.85M
1.47%
Sole
1.84M
Shared
0.00
None
0.00
BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND
SOLEShares4.60M
TypeSH
Market value$48.86M
1.45%
Sole
4.60M
Shared
0.00
None
0.00
NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND
SOLEShares3.81M
TypeSH
Market value$48.52M
1.43%
Sole
3.81M
Shared
0.00
None
0.00
ANGEL OAK FINANCIAL STRATEGIES INCOME TERM TRUST
SOLEShares3.77M
TypeSH
Market value$47.90M
1.42%
Sole
3.77M
Shared
0.00
None
0.00
BLACKROCK MUNICIPAL INCOME TRUST
SOLEShares4.34M
TypeSH
Market value$42.83M
1.27%
Sole
4.34M
Shared
0.00
None
0.00
GABELLI DIVD & INCOME TR COM
SOLEShares1.74M
TypeSH
Market value$42.11M
1.25%
Sole
1.74M
Shared
0.00
None
0.00
VANGUARD INDEX FDS TOTAL STK MKT
SOLEShares143.94K
TypeSH
Market value$41.72M
1.23%
Sole
143.94K
Shared
0.00
None
0.00
BLACKROCK MUN INC TRUST II
SOLEShares3.90M
TypeSH
Market value$40.97M
1.21%
Sole
3.90M
Shared
0.00
None
0.00
ISHARES LEHMAN 7-10YR TREAS
SOLEShares416.18K
TypeSH
Market value$38.48M
1.14%
Sole
416.18K
Shared
0.00
None
0.00
LEGATO ACQ CRP III; TNT ACQ DT: 2/08/2026; CASH: $10.00
SOLEShares3.73M
TypeSH
Market value$38.40M
1.14%
Sole
3.73M
Shared
0.00
None
0.00
VANGUARD BD INDEX FD INC TOTAL BND MRKT
SOLEShares516.74K
TypeSH
Market value$37.16M
1.10%
Sole
516.74K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDS S&P 500 ETF SHSOLE | S&P 500 ETF SHS | 467.07K | SH | $251.66M 7.44% | 467.07K | 0.00 | 0.00 |
NUVEEN NY AMT FREE MUN INCOME COMSOLE | COM | 19.25M | SH | $201.39M 5.96% | 19.25M | 0.00 | 0.00 |
BLACKROCK MUNICIPAL INCOME FUNDSOLE | COM | 10.56M | SH | $128.03M 3.79% | 10.56M | 0.00 | 0.00 |
NUVEEN AMT-FR QLTY MUNI INCSOLE | COM | 10.75M | SH | $121.24M 3.59% | 10.75M | 0.00 | 0.00 |
BLACKROCK MUNIHOLDINGS FUND INCSOLE | COM | 7.49M | SH | $87.46M 2.59% | 7.49M | 0.00 | 0.00 |
ISHARES CORE S&P500 ETFSOLE | CORE S&P500 ETF | 144.30K | SH | $84.95M 2.51% | 144.30K | 0.00 | 0.00 |
EATON VANCE MUN BD FD COMSOLE | COM | 7.79M | SH | $80.66M 2.39% | 7.79M | 0.00 | 0.00 |
BLACKROCK MUNIVEST FUNDSOLE | COM | 11.30M | SH | $79.55M 2.35% | 11.30M | 0.00 | 0.00 |
VANGUARD INDEX FDS SMALL CP ETFSOLE | SMALL CP ETF | 326.49K | SH | $78.45M 2.32% | 326.49K | 0.00 | 0.00 |
NUVEEN QUALITY MUNICIPAL INCOME FUNDSOLE | COM | 5.88M | SH | $68.55M 2.03% | 5.88M | 0.00 | 0.00 |
WESTERN ASSET CLYM INFL SEC IN COM SH BEN INTSOLE | COM SH BEN INT | 7.74M | SH | $61.94M 1.83% | 7.74M | 0.00 | 0.00 |
AA MISSION ACQ CRP; TNT ACQ DT: 8/1/2026; CASH: $10.05SOLE | ORD SHS CL A | 6M | SH | $60.60M 1.79% | 6M | 0.00 | 0.00 |
BLACKROCK 2030 MUNICIPAL TARGET TERM TRUSTSOLE | COM SHS BEN IN | 2.81M | SH | $57.93M 1.71% | 2.81M | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETFSOLE | FTSE EMR MKT ETF | 1.22M | SH | $53.90M 1.59% | 1.22M | 0.00 | 0.00 |
NUVEEN NAS100 DYN OVERWRT FDSOLE | COM SHS | 1.84M | SH | $49.85M 1.47% | 1.84M | 0.00 | 0.00 |
BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUNDSOLE | COM | 4.60M | SH | $48.86M 1.45% | 4.60M | 0.00 | 0.00 |
NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUNDSOLE | COMMON STOCK | 3.81M | SH | $48.52M 1.43% | 3.81M | 0.00 | 0.00 |
ANGEL OAK FINANCIAL STRATEGIES INCOME TERM TRUSTSOLE | COM BEN INT | 3.77M | SH | $47.90M 1.42% | 3.77M | 0.00 | 0.00 |
BLACKROCK MUNICIPAL INCOME TRUSTSOLE | SH BEN INT | 4.34M | SH | $42.83M 1.27% | 4.34M | 0.00 | 0.00 |
GABELLI DIVD & INCOME TR COMSOLE | COM | 1.74M | SH | $42.11M 1.25% | 1.74M | 0.00 | 0.00 |
VANGUARD INDEX FDS TOTAL STK MKTSOLE | TOTAL STK MKT | 143.94K | SH | $41.72M 1.23% | 143.94K | 0.00 | 0.00 |
BLACKROCK MUN INC TRUST IISOLE | COM | 3.90M | SH | $40.97M 1.21% | 3.90M | 0.00 | 0.00 |
ISHARES LEHMAN 7-10YR TREASSOLE | 7-10 YR TRSY BD | 416.18K | SH | $38.48M 1.14% | 416.18K | 0.00 | 0.00 |
LEGATO ACQ CRP III; TNT ACQ DT: 2/08/2026; CASH: $10.00SOLE | ORD SHS | 3.73M | SH | $38.40M 1.14% | 3.73M | 0.00 | 0.00 |
VANGUARD BD INDEX FD INC TOTAL BND MRKTSOLE | TOTAL BND MRKT | 516.74K | SH | $37.16M 1.10% | 516.74K | 0.00 | 0.00 |
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