SHEPHERD KAPLAN KROCHUK, LLC

Filed: 2/14/2023ACC: 0000919574-23-001172

📋 What this filing means

SHEPHERD KAPLAN KROCHUK, LLC filed this quarterly 13F‑HR report disclosing 72 equity positions with a total reported market value of $168.62M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$168.62M

Total AUM (reported)

3.86M

Total Shares

Allocation by class

COM$59.01M35.0%

COM STOCK$13.21M7.8%

FALLEN ANGEL HG$7.80M4.6%

S&P500 LOW VOL$7.07M4.2%

MSCI USA MMENTM$6.25M3.7%

US LCAP VA ETF$5.82M3.5%

HENDERSON MTG$5.07M3.0%

Portfolio Concentration

Top 3$37.18M22.1%

4–10$42.94M25.5%

11–25$52.46M31.1%

Rest$36.03M21.4%

Top 3 weight

22.1%

Top 10 weight

47.5%

Voting Authority Distribution

Total shares with voting rights: 3.86M

Sole

Full voting authority

1.38M

% of voting shares35.8%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.48M

% of voting shares64.2%

Investment Discretion (by position count)

Sole72

Shared0

Other0

Dominant voting typeNone · 64.2% of voting shares

Institutional Holdings72

Rows:

EQT CORP

SOLE

COM

Shares478.21K

TypeSH

Market value$16.18M

9.59%

Sole

478.21K

Shared

0.00

None

0.00

CALIFORNIA RES CORP

SOLE

COM STOCK

Shares303.50K

TypeSH

Market value$13.21M

7.83%

Sole

303.50K

Shared

0.00

None

0.00

VANECK ETF TRUST

SOLE

FALLEN ANGEL HG

Shares288.74K

TypeSH

Market value$7.80M

4.63%

Sole

0.00

Shared

0.00

None

288.74K

INVESCO EXCH TRADED FD TR II

SOLE

S&P500 LOW VOL

Shares110.60K

TypeSH

Market value$7.07M

4.19%

Sole

0.00

Shared

0.00

None

110.60K

APPLE INC

SOLE

COM

Shares49.89K

TypeSH

Market value$6.48M

3.84%

Sole

0.00

Shared

0.00

None

49.89K

DEVON ENERGY CORP NEW

SOLE

COM

Shares102.47K

TypeSH

Market value$6.30M

3.74%

Sole

102.47K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI USA MMENTM

Shares42.80K

TypeSH

Market value$6.25M

3.70%

Sole

0.00

Shared

0.00

None

42.80K

CAMPBELL SOUP CO

SOLE

COM

Shares104.99K

TypeSH

Market value$5.96M

3.53%

Sole

0.00

Shared

0.00

None

104.99K

SCHWAB STRATEGIC TR

SOLE

US LCAP VA ETF

Shares88.14K

TypeSH

Market value$5.82M

3.45%

Sole

0.00

Shared

0.00

None

88.14K

JANUS DETROIT STR TR

SOLE

HENDERSON MTG

Shares111.52K

TypeSH

Market value$5.07M

3.01%

Sole

0.00

Shared

0.00

None

111.52K

NABORS INDUSTRIES LTD

SOLE

SHS

Shares29.70K

TypeSH

Market value$4.60M

2.73%

Sole

29.70K

Shared

0.00

None

0.00

CHORD ENERGY CORPORATION

SOLE

COM NEW

Shares33.06K

TypeSH

Market value$4.52M

2.68%

Sole

32.99K

Shared

0.00

None

69.00

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares58.62K

TypeSH

Market value$4.43M

2.63%

Sole

0.00

Shared

0.00

None

58.62K

J P MORGAN EXCHANGE TRADED F

SOLE

US QUALTY FCTR

Shares114.28K

TypeSH

Market value$4.43M

2.63%

Sole

0.00

Shared

0.00

None

114.28K

ISHARES TR

SOLE

20 YR TR BD ETF

Shares44.22K

TypeSH

Market value$4.40M

2.61%

Sole

0.00

Shared

0.00

None

44.22K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares40.98K

TypeSH

Market value$3.88M

2.30%

Sole

0.00

Shared

0.00

None

40.98K

DBX ETF TR

SOLE

XTRACK MSCI EAFE

Shares173.50K

TypeSH

Market value$3.78M

2.24%

Sole

0.00

Shared

0.00

None

173.50K

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares39.95K

TypeSH

Market value$3.29M

1.95%

Sole

0.00

Shared

0.00

None

39.95K

ENERGY TRANSFER L P

SOLE

COM UT LTD PTN

Shares265.36K

TypeSH

Market value$3.15M

1.87%

Sole

0.00

Shared

0.00

None

265.36K

ISHARES TR

SOLE

SHORT TREAS BD

Shares27.78K

TypeSH

Market value$3.05M

1.81%

Sole

0.00

Shared

0.00

None

27.78K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares9.09K

TypeSH

Market value$2.81M

1.66%

Sole

1.02K

Shared

0.00

None

8.07K

PIONEER NAT RES CO

SOLE

COM

Shares11.72K

TypeSH

Market value$2.68M

1.59%

Sole

11.72K

Shared

0.00

None

0.00

PIMCO ETF TR

SOLE

INV GRD CRP BD

Shares28.65K

TypeSH

Market value$2.66M

1.58%

Sole

0.00

Shared

0.00

None

28.65K

CALLON PETE CO DEL

SOLE

COM

Shares65.70K

TypeSH

Market value$2.44M

1.45%

Sole

65.70K

Shared

0.00

None

0.00

DIAMONDBACK ENERGY INC

SOLE

COM

Shares17K

TypeSH

Market value$2.33M

1.38%

Sole

17K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
EQT CORPSOLE	COM	478.21K	SH	$16.18M 9.59%	478.21K	0.00
CALIFORNIA RES CORPSOLE	COM STOCK	303.50K	SH	$13.21M 7.83%	303.50K	0.00
VANECK ETF TRUSTSOLE	FALLEN ANGEL HG	288.74K	SH	$7.80M 4.63%	0.00	288.74K
INVESCO EXCH TRADED FD TR IISOLE	S&P500 LOW VOL	110.60K	SH	$7.07M 4.19%	0.00	110.60K
APPLE INCSOLE	COM	49.89K	SH	$6.48M 3.84%	0.00	49.89K
DEVON ENERGY CORP NEWSOLE	COM	102.47K	SH	$6.30M 3.74%	102.47K	0.00
ISHARES TRSOLE	MSCI USA MMENTM	42.80K	SH	$6.25M 3.70%	0.00	42.80K
CAMPBELL SOUP COSOLE	COM	104.99K	SH	$5.96M 3.53%	0.00	104.99K
SCHWAB STRATEGIC TRSOLE	US LCAP VA ETF	88.14K	SH	$5.82M 3.45%	0.00	88.14K
JANUS DETROIT STR TRSOLE	HENDERSON MTG	111.52K	SH	$5.07M 3.01%	0.00	111.52K
NABORS INDUSTRIES LTDSOLE	SHS	29.70K	SH	$4.60M 2.73%	29.70K	0.00
CHORD ENERGY CORPORATIONSOLE	COM NEW	33.06K	SH	$4.52M 2.68%	32.99K	69.00
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	58.62K	SH	$4.43M 2.63%	0.00	58.62K
J P MORGAN EXCHANGE TRADED FSOLE	US QUALTY FCTR	114.28K	SH	$4.43M 2.63%	0.00	114.28K
ISHARES TRSOLE	20 YR TR BD ETF	44.22K	SH	$4.40M 2.61%	0.00	44.22K
ISHARES TRSOLE	CORE S&P SCP ETF	40.98K	SH	$3.88M 2.30%	0.00	40.98K
DBX ETF TRSOLE	XTRACK MSCI EAFE	173.50K	SH	$3.78M 2.24%	0.00	173.50K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	39.95K	SH	$3.29M 1.95%	0.00	39.95K
ENERGY TRANSFER L PSOLE	COM UT LTD PTN	265.36K	SH	$3.15M 1.87%	0.00	265.36K
ISHARES TRSOLE	SHORT TREAS BD	27.78K	SH	$3.05M 1.81%	0.00	27.78K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	9.09K	SH	$2.81M 1.66%	1.02K	8.07K
PIONEER NAT RES COSOLE	COM	11.72K	SH	$2.68M 1.59%	11.72K	0.00
PIMCO ETF TRSOLE	INV GRD CRP BD	28.65K	SH	$2.66M 1.58%	0.00	28.65K
CALLON PETE CO DELSOLE	COM	65.70K	SH	$2.44M 1.45%	65.70K	0.00
DIAMONDBACK ENERGY INCSOLE	COM	17K	SH	$2.33M 1.38%	17K	0.00

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