Filed: 11/12/2025ACC: 0001602476-25-000005
📋 What this filing means
LUMBARD & KELLNER, LLC filed this quarterly 13F‑HR report disclosing 97 equity positions with a total reported market value of $271.88M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
97
Positions
$271.88M
Total AUM (reported)
4.88M
Total Shares
Allocation by class
STOCK$175.34M64.5%
ETF$88.16M32.4%
ADR$6.71M2.5%
REIT$979.1K0.4%
CEF$705.9K0.3%
Portfolio Concentration
Top 3$38.09M14.0%
4–10$60.09M22.1%
11–25$83.64M30.8%
Rest$90.06M33.1%
Top 3 weight
14.0%
Top 10 weight
36.1%
Voting Authority Distribution
Total shares with voting rights: 4.88M
Sole
Full voting authority
4.88M
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)
Sole97
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings97
Rows:
SPDR BLOOMBERG 1-3 MONTH T-BILL ETF
SOLEShares173.89K
TypeSH
Market value$15.95M
5.87%
Sole
173.89K
Shared
0.00
None
0.00
ALPHABET INC CAP STK CL C
SOLEShares48.59K
TypeSH
Market value$11.84M
4.35%
Sole
48.59K
Shared
0.00
None
0.00
SPDR PORTFOLIO S&P 400 MID CAP ETF
SOLEShares180.15K
TypeSH
Market value$10.30M
3.79%
Sole
180.15K
Shared
0.00
None
0.00
GOLDMAN SACHS GROUP INC COM
SOLEShares12.19K
TypeSH
Market value$9.71M
3.57%
Sole
12.19K
Shared
0.00
None
0.00
KRATOS DEFENSE & SEC SOLUTIONS COM NEW
SOLEShares105.83K
TypeSH
Market value$9.67M
3.56%
Sole
105.83K
Shared
0.00
None
0.00
FIRST SOLAR INC COM
SOLEShares42.55K
TypeSH
Market value$9.38M
3.45%
Sole
42.55K
Shared
0.00
None
0.00
METLIFE INC COM
SOLEShares107.38K
TypeSH
Market value$8.84M
3.25%
Sole
107.38K
Shared
0.00
None
0.00
HUDBAY MINERALS INC COM
SOLEShares533.63K
TypeSH
Market value$8.09M
2.98%
Sole
533.63K
Shared
0.00
None
0.00
CISCO SYS INC COM
SOLEShares107.62K
TypeSH
Market value$7.36M
2.71%
Sole
107.62K
Shared
0.00
None
0.00
KINDER MORGAN INC DEL COM
SOLEShares248.39K
TypeSH
Market value$7.03M
2.59%
Sole
248.39K
Shared
0.00
None
0.00
FREEDOM 100 EMERGING MARKETS ETF
SOLEShares154.44K
TypeSH
Market value$6.84M
2.52%
Sole
154.44K
Shared
0.00
None
0.00
VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF
SOLEShares80.15K
TypeSH
Market value$6.79M
2.50%
Sole
80.15K
Shared
0.00
None
0.00
PETROLEO BRASILEIRO SA PETROBR SPONSORED ADR
SOLEShares507.84K
TypeSH
Market value$6.43M
2.36%
Sole
507.84K
Shared
0.00
None
0.00
MATERION CORP COM
SOLEShares52.29K
TypeSH
Market value$6.32M
2.32%
Sole
52.29K
Shared
0.00
None
0.00
AMAZON COM INC COM
SOLEShares28.41K
TypeSH
Market value$6.24M
2.29%
Sole
28.41K
Shared
0.00
None
0.00
PRIMORIS SVCS CORP COM
SOLEShares41.15K
TypeSH
Market value$5.65M
2.08%
Sole
41.15K
Shared
0.00
None
0.00
MICROSOFT CORP COM
SOLEShares10.45K
TypeSH
Market value$5.41M
1.99%
Sole
10.45K
Shared
0.00
None
0.00
LOCKHEED MARTIN CORP COM
SOLEShares10.84K
TypeSH
Market value$5.41M
1.99%
Sole
10.84K
Shared
0.00
None
0.00
NORTHROP GRUMMAN CORP COM
SOLEShares8.87K
TypeSH
Market value$5.40M
1.99%
Sole
8.87K
Shared
0.00
None
0.00
INVESCO S&P 500 EQUAL WEIGHT ETF
SOLEShares28.03K
TypeSH
Market value$5.32M
1.96%
Sole
28.03K
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC COM
SOLEShares32.31K
TypeSH
Market value$5.23M
1.92%
Sole
32.31K
Shared
0.00
None
0.00
ENERSYS COM
SOLEShares44.53K
TypeSH
Market value$5.03M
1.85%
Sole
44.53K
Shared
0.00
None
0.00
FRANKLIN FTSE BRAZIL ETF
SOLEShares261.95K
TypeSH
Market value$4.99M
1.84%
Sole
261.95K
Shared
0.00
None
0.00
AMERICAN SUPERCONDUCTOR CORP SHS NEW
SOLEShares72.44K
TypeSH
Market value$4.30M
1.58%
Sole
72.44K
Shared
0.00
None
0.00
HARROW INC COM
SOLEShares88.86K
TypeSH
Market value$4.28M
1.57%
Sole
88.86K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR BLOOMBERG 1-3 MONTH T-BILL ETFSOLE | ETF | 173.89K | SH | $15.95M 5.87% | 173.89K | 0.00 | 0.00 |
ALPHABET INC CAP STK CL CSOLE | Stock | 48.59K | SH | $11.84M 4.35% | 48.59K | 0.00 | 0.00 |
SPDR PORTFOLIO S&P 400 MID CAP ETFSOLE | ETF | 180.15K | SH | $10.30M 3.79% | 180.15K | 0.00 | 0.00 |
GOLDMAN SACHS GROUP INC COMSOLE | Stock | 12.19K | SH | $9.71M 3.57% | 12.19K | 0.00 | 0.00 |
KRATOS DEFENSE & SEC SOLUTIONS COM NEWSOLE | Stock | 105.83K | SH | $9.67M 3.56% | 105.83K | 0.00 | 0.00 |
FIRST SOLAR INC COMSOLE | Stock | 42.55K | SH | $9.38M 3.45% | 42.55K | 0.00 | 0.00 |
METLIFE INC COMSOLE | Stock | 107.38K | SH | $8.84M 3.25% | 107.38K | 0.00 | 0.00 |
HUDBAY MINERALS INC COMSOLE | Stock | 533.63K | SH | $8.09M 2.98% | 533.63K | 0.00 | 0.00 |
CISCO SYS INC COMSOLE | Stock | 107.62K | SH | $7.36M 2.71% | 107.62K | 0.00 | 0.00 |
KINDER MORGAN INC DEL COMSOLE | Stock | 248.39K | SH | $7.03M 2.59% | 248.39K | 0.00 | 0.00 |
FREEDOM 100 EMERGING MARKETS ETFSOLE | ETF | 154.44K | SH | $6.84M 2.52% | 154.44K | 0.00 | 0.00 |
VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFSOLE | ETF | 80.15K | SH | $6.79M 2.50% | 80.15K | 0.00 | 0.00 |
PETROLEO BRASILEIRO SA PETROBR SPONSORED ADRSOLE | ADR | 507.84K | SH | $6.43M 2.36% | 507.84K | 0.00 | 0.00 |
MATERION CORP COMSOLE | Stock | 52.29K | SH | $6.32M 2.32% | 52.29K | 0.00 | 0.00 |
AMAZON COM INC COMSOLE | Stock | 28.41K | SH | $6.24M 2.29% | 28.41K | 0.00 | 0.00 |
PRIMORIS SVCS CORP COMSOLE | Stock | 41.15K | SH | $5.65M 2.08% | 41.15K | 0.00 | 0.00 |
MICROSOFT CORP COMSOLE | Stock | 10.45K | SH | $5.41M 1.99% | 10.45K | 0.00 | 0.00 |
LOCKHEED MARTIN CORP COMSOLE | Stock | 10.84K | SH | $5.41M 1.99% | 10.84K | 0.00 | 0.00 |
NORTHROP GRUMMAN CORP COMSOLE | Stock | 8.87K | SH | $5.40M 1.99% | 8.87K | 0.00 | 0.00 |
INVESCO S&P 500 EQUAL WEIGHT ETFSOLE | ETF | 28.03K | SH | $5.32M 1.96% | 28.03K | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INC COMSOLE | Stock | 32.31K | SH | $5.23M 1.92% | 32.31K | 0.00 | 0.00 |
ENERSYS COMSOLE | Stock | 44.53K | SH | $5.03M 1.85% | 44.53K | 0.00 | 0.00 |
FRANKLIN FTSE BRAZIL ETFSOLE | ETF | 261.95K | SH | $4.99M 1.84% | 261.95K | 0.00 | 0.00 |
AMERICAN SUPERCONDUCTOR CORP SHS NEWSOLE | Stock | 72.44K | SH | $4.30M 1.58% | 72.44K | 0.00 | 0.00 |
HARROW INC COMSOLE | Stock | 88.86K | SH | $4.28M 1.57% | 88.86K | 0.00 | 0.00 |
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