Arnhold LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Arnhold LLC reported 116 stock positions worth $1.4 billion. Its top holding was SPDR Gold Shares (GLD) at 12.4% of the portfolio, followed by iShares Gold Trust (IAU, 11.4%) and Lumentum (LITE, 4.3%). Compared with Q4 2025, it opened 4 new positions, sold out of 2, added to 20 and reduced 12. The biggest buy was a new position in Adobe (ADBE) and the biggest sale SPDR Gold Shares (GLD, shares −22%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001733755
Portfolio Value
$1.4B (Q1 2026)
SEC Filing
0001172661-26-001648 ↗ filed May 11, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $945.0M Q1 2024 Q2 2024: $947.2M Q2 2024 Q3 2024: $1.0B Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $990.0M Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.4B $1.4B Q1 2026 Q2 2026: $1.4B Q2 2026

Holdings 116 stocks · $1.4B
GLD SPDR Gold Shares 12.43% 392,908 $169.1M Reduce -22.1%
IAU iShares Gold Trust 11.39% 1,757,254 $154.9M No change
LITE Lumentum Holdings Inc. 4.29% 83,003 $58.3M Reduce -29.7%
COHR Coherent Corp. 4.15% 237,035 $56.5M Reduce -12.7%
VRT Vertiv Holdings Co. Class A 4.04% 219,385 $55.0M Reduce -19.8%
GOOGL Alphabet Inc. Class A 3.96% 187,557 $53.9M No change
T AT&T Inc. 2.86% 1,341,312 $38.9M Add +2.7%
AVGO Broadcom Inc. 2.38% 104,690 $32.4M No change
RTX RTX Corp. 2.20% 155,038 $29.9M No change
PFE Pfizer Inc. 2.01% 971,797 $27.3M Add +1.3%
SLM SLM Corp. 2.00% 1,269,613 $27.2M Add +22.8%
CSCO Cisco Systems Inc. 1.99% 348,565 $27.0M No change
XPO Xpo Inc. 1.88% 131,100 $25.5M No change
KD Kyndryl Holdings Inc. 1.85% 1,922,860 $25.2M Add +60.5%
BMY Bristol-Myers Squibb Co. 1.74% 391,005 $23.7M No change
DAR Darling Ingredients Inc. 1.64% 359,898 $22.3M No change
VZ Verizon Communications Inc. 1.62% 440,251 $22.1M Reduce -2.2%
UBER Uber Technologies Inc. 1.60% 302,381 $21.8M Add +22.9%
MRVL Marvell Technology Inc. 1.59% 218,237 $21.6M No change
BABA Alibaba Group Holding-SP ADR 1.55% 167,575 $21.0M Add +11.2%
VTRS Viatris Inc. 1.50% 1,505,974 $20.3M Reduce -3.6%
GBDC Golub Capital BDC Inc. 1.43% 1,537,089 $19.5M Add +4.6%
UNH Unitedhealth Group Inc. 1.42% 71,410 $19.3M Add +12.8%
GM General Motors Co. 1.41% 256,537 $19.1M No change
SW Smurfit Westrock PLC 1.34% 462,368 $18.3M No change
SONY Sony Group Corp. - SP ADR 1.27% 837,356 $17.3M Add +18.0%
ADBE Adobe Inc. 1.24% 69,486 $16.9M New
BRK.B Berkshire Hathaway Inc. Class B 1.23% 34,941 $16.7M No change
EG Everest Group Ltd. 1.15% 47,705 $15.6M Reduce -15.3%
ADT Adt Inc. 1.07% 2,223,057 $14.6M Add +41.5%
AXTA Axalta Coating Systems Ltd. 1.02% 500,700 $13.9M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.96% 268,942 $13.1M No change
ONON On Holding AG Class A filed as ON HLDG AG 0.94% 374,000 $12.7M Add +7.2%
MQ Marqeta Inc. 0.88% 2,941,437 $12.0M Add +23.7%
BIO Bio-Rad Laboratories-A 0.88% 42,902 $12.0M Add +23.3%
PYPL PayPal Holdings Inc. 0.85% 255,633 $11.6M Add +0.2%
SLV iShares Silver Trust 0.82% 164,060 $11.2M Reduce -3.0%
BAX Baxter International Inc. 0.80% 645,267 $10.8M Add +2.5%
TERN Terns Pharmaceuticals Inc. 0.63% 162,444 $8.6M New
ST Sensata Technologies Holdplc 0.62% 238,074 $8.4M No change
CWAN Clearwater Analytics HDS-A 0.60% 346,510 $8.2M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.58% 38,377 $7.9M No change
DXC DXC Technology Co. 0.57% 615,679 $7.7M Reduce -23.2%
AAPL Apple Inc. 0.55% 29,724 $7.5M No change
NTR Nutrien Ltd. 0.47% 84,595 $6.4M No change
MRK Merck & Co. Inc. 0.41% 46,498 $5.6M No change
REGN Regeneron Pharmaceuticals 0.35% 6,228 $4.8M No change
CVX Chevron Corp. 0.33% 21,921 $4.5M No change
BLK BlackRock Inc. 0.30% 4,253 $4.1M No change
EOG EOG Resources Inc. 0.28% 26,474 $3.8M No change
TXN Texas Instruments Inc. 0.28% 19,387 $3.8M No change
TSN Tyson Foods Inc. Class A 0.27% 58,307 $3.7M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.27% 41,366 $3.7M No change
CTSH Cognizant Tech Solutions-A 0.27% 59,866 $3.7M No change
PEP Pepsico Inc. 0.27% 23,222 $3.6M No change
AMZN Amazon.com Inc. 0.26% 17,285 $3.6M No change
MDT Medtronic PLC 0.25% 39,819 $3.5M No change
XOM Exxon Mobil Corp. 0.24% 18,886 $3.2M No change
GILD Gilead Sciences Inc. 0.24% 22,952 $3.2M No change
OCSL Oaktree Specialty Lending Co. 0.23% 282,345 $3.2M Add +34.5%
LIN Linde PLC 0.22% 6,147 $3.0M No change
HSY The Hershey Co. 0.21% 13,480 $2.8M No change
BDX Becton Dickinson and Co. 0.21% 17,787 $2.8M No change
JNJ Johnson & Johnson 0.20% 10,958 $2.7M No change
WU Western Union Co. 0.17% 271,020 $2.4M No change
ELV Elevance Health Inc. 0.17% 7,899 $2.3M No change
KHC The Kraft Heinz Co. 0.16% 98,281 $2.2M No change
LEN Lennar Corp. Class A 0.16% 25,113 $2.2M No change
RHI Robert Half Inc. 0.16% 85,491 $2.2M No change
PSLV Sprott Physical Silver Trust 0.15% 85,000 $2.1M Reduce -14.6%
NVS Novartis AG-Sponsored ADR 0.14% 12,636 $1.9M No change
GOOG Alphabet Inc. Class C 0.14% 6,670 $1.9M No change
RH RH 0.14% 13,320 $1.9M Add +19.8%
UPS United Parcel Service Class B 0.13% 18,370 $1.8M No change
META Meta Platforms Inc. Class A 0.13% 3,124 $1.8M No change
LOW Lowe's Cos Inc. 0.12% 7,065 $1.7M No change
PM Philip Morris International 0.12% 10,000 $1.7M No change
PHYS Sprott Physical Gold Trust 0.10% 36,486 $1.3M No change
L Loews Corp. 0.09% 12,000 $1.3M No change
GNTX Gentex Corp. 0.09% 56,000 $1.2M No change
WMT Walmart Inc. 0.09% 9,395 $1.2M Reduce -19.7%
LW Lamb Weston Holdings Inc. 0.08% 27,217 $1.2M Reduce -28.8%
INTC Intel Corp. 0.08% 23,715 $1.0M No change
MO Altria Group Inc. 0.07% 15,000 $990K No change
LBTYK Liberty Global Ltd. Class C 0.07% 81,677 $958K No change
USB US Bancorp 0.07% 17,530 $912K No change
WHR Whirlpool Corp. 0.07% 16,700 $900K Add +17.6%
MSFT Microsoft Corp. 0.06% 2,250 $833K No change
ZBH Zimmer Biomet Holdings Inc. 0.06% 9,190 $831K No change
ETHO Amplify Etho Climate Leaders 0.06% 11,610 $767K No change
JPM JPMorgan Chase & Co. 0.05% 2,492 $733K No change
WAT Waters Corp. 0.05% 2,407 $717K New
FEGE First Eagle GL Equity ETF 0.04% 12,054 $567K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 2,156 $523K No change
OGN Organon & Co. 0.03% 77,030 $461K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.03% 4,464 $430K No change
MDLZ Mondelez International Inc. Class A 0.03% 6,920 $399K No change
ISRG Intuitive Surgical Inc. 0.03% 800 $369K No change
STZ Constellation Brands Inc. Class A 0.03% 2,400 $360K No change
GF The New Germany Fund Inc. 0.02% 32,997 $337K Add +1.1%
JEF Jefferies Financial Group Inc. 0.02% 8,000 $330K No change
TEL Te Connectivity PLC 0.02% 1,500 $314K No change
FLG Flagstar Bank NA 0.02% 23,666 $312K Add +1.4%
LBTYA Liberty Global Ltd. Class A 0.02% 25,560 $309K No change
MYN BlackRock Muniyield NY QLTY 0.02% 31,265 $300K No change
FNV Franco-Nevada Corp. 0.02% 1,200 $296K No change
UNM Unum Group 0.02% 4,000 $292K No change
WMB Williams Cos Inc. 0.02% 3,472 $253K No change
CAG Conagra Brands Inc. 0.02% 15,762 $248K No change
CHD Church & Dwight Co. Inc. 0.02% 2,400 $224K No change
VTS Vitesse Energy Inc. 0.01% 10,333 $188K No change
SRTA Strata Critical Medical Inc. 0.01% 30,000 $125K No change
LILAK Liberty Latin Americ Class C 0.01% 13,690 $121K No change
REAL The Realreal Inc. filed as THE REALREAL INC 0.01% 10,000 $91K No change
BARK Bark Inc. 0.01% 164,270 $83K No change
BIRD Smartbird Inc. filed as ALLBIRDS INC 0.00% 13,070 $39K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.4M (not counted above)
SecurityClassShares / PrincipalValueChange
WHIRLPOOL CORP (WHR 8.5 02/15/29 A) 8.5 DEP SR A CNV 22,000$901KNew
ORACLE CORP (ORCL 6.5 01/15/29 D) 6.5 DEP CUM SR D 11,000$495KNew

Total filed on the 13F, all lines: $1.4B.

Portfolio Sells Q4 2025 → Q1 2026
GLD SPDR Gold Shares Reduce -22.1% 12.43% −2.73
DXC DXC Technology Co. Reduce -23.2% 0.57% −0.32
EG Everest Group Ltd. Reduce -15.3% 1.15% −0.30
RSP Invesco S&P 500 Equal Weight Sold out 0.00% −0.16
LW Lamb Weston Holdings Inc. Reduce -28.8% 0.08% −0.04
PSLV Sprott Physical Silver Trust Reduce -14.6% 0.15% −0.03
HRB H&R Block Inc. Sold out 0.00% −0.02
WMT Walmart Inc. Reduce -19.7% 0.09% −0.01
SLV iShares Silver Trust Reduce -3.0% 0.82% −0.00
VTRS Viatris Inc. Reduce -3.6% 1.50% +0.02
VZ Verizon Communications Inc. Reduce -2.2% 1.62% +0.23
COHR Coherent Corp. Reduce -12.7% 4.15% +0.35
VRT Vertiv Holdings Co. Class A Reduce -19.8% 4.04% +0.68
LITE Lumentum Holdings Inc. Reduce -29.7% 4.29% +0.99

Portfolio Buys Q4 2025 → Q1 2026
ADBE Adobe Inc. New 1.24% +1.24
TERN Terns Pharmaceuticals Inc. New 0.63% +0.63
T AT&T Inc. Add +2.7% 2.86% +0.40
PFE Pfizer Inc. Add +1.3% 2.01% +0.19
ADT Adt Inc. Add +41.5% 1.07% +0.11
BIO Bio-Rad Laboratories-A Add +23.3% 0.88% +0.08
UBER Uber Technologies Inc. Add +22.9% 1.60% +0.07
WAT Waters Corp. New 0.05% +0.05
FEGE First Eagle GL Equity ETF New 0.04% +0.04
OCSL Oaktree Specialty Lending Co. Add +34.5% 0.23% +0.03
MQ Marqeta Inc. Add +23.7% 0.88% +0.03
FLG Flagstar Bank NA Add +1.4% 0.02% +0.00
GF The New Germany Fund Inc. Add +1.1% 0.02% −0.00
WHR Whirlpool Corp. Add +17.6% 0.07% −0.01
RH RH Add +19.8% 0.14% −0.01
GBDC Golub Capital BDC Inc. Add +4.6% 1.43% −0.08
SONY Sony Group Corp. - SP ADR Add +18.0% 1.27% −0.10
BAX Baxter International Inc. Add +2.5% 0.80% −0.12
SLM SLM Corp. Add +22.8% 2.00% −0.12
BABA Alibaba Group Holding-SP ADR Add +11.2% 1.55% −0.13
UNH Unitedhealth Group Inc. Add +12.8% 1.42% −0.16
PYPL PayPal Holdings Inc. Add +0.2% 0.85% −0.28
ONON On Holding AG Class A Add +7.2% 0.94% −0.30
KD Kyndryl Holdings Inc. Add +60.5% 1.85% −0.56

Notes & Other Activity Q4 2025 → Q1 2026
WHIRLPOOL CORP (WHR 8.5 02/15/29 A) 8.5 DEP SR A CNV New 22,000 $901K
ORACLE CORP (ORCL 6.5 01/15/29 D) 6.5 DEP CUM SR D New 11,000 $495K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 112$1.4BGLD, IAU, COHR, VRT, GOOGL
Q1 2026 116$1.4BGLD, IAU, LITE, COHR, VRT
Q4 2025 114$1.3BGLD, IAU, GOOGL, COHR, VRT
Q3 2025 116$1.2BGLD, IAU, GOOGL, VRT, AVGO
Q2 2025 119$1.1BGLD, IAU, VRT, GOOGL, T
Q1 2025 115$990.0MGLD, IAU, T, GOOGL, SLM
Q4 2024 117$1.0BGLD, IAU, GOOGL, T, AVGO
Q3 2024 111$1.0BGLD, IAU, GOOGL, T, COHR
Q2 2024 119$947.2MGLD, IAU, GOOGL, T, COHR
Q1 2024 120$945.0MGLD, IAU, GOOGL, T, SLM