Cohen Klingenstein LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Cohen Klingenstein LLC reported 208 stock positions worth $2.8 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 23.9% of the portfolio, followed by Van Morst SML-Cap Gro-Usd (VBK, 6.2%) and Invesco QQQ Trust Series 1 (QQQ, 5.9%). Compared with Q4 2024, it opened 1 new position, added to 6 and reduced 28. The biggest buy was a new position in S&P Global (SPGI) and the biggest sale iShares Russell 2000 Growth (IWO, shares −1%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001453620
Portfolio Value
$2.8B (Q1 2025)
SEC Filing
0001453620-25-000006 ↗ filed Apr 15, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.7B Q1 2024 Q2 2024: $2.8B Q2 2024 Q3 2024: $2.9B Q3 2024 Q4 2024: $2.9B Q4 2024 Q1 2025: $2.8B $2.8B Q1 2025 Q2 2025: $3.0B Q2 2025 Q3 2025: $3.2B Q3 2025 Q4 2025: $3.3B Q4 2025 Q1 2026: $3.1B Q1 2026 Q2 2026: $3.5B Q2 2026

Holdings 208 stocks · $2.8B
SPY SS SPDR S&P 500 ETF Trust-US 23.91% 1,179,843 $660.0M Reduce -1.0%
VBK Van Morst SML-Cap Gro-Usd Inc. 6.19% 678,760 $170.9M Add +0.6%
QQQ Invesco QQQ Trust Series 1 5.89% 346,830 $162.6M Add +0.0%
IWO iShares Russell 2000 Growth 5.04% 544,607 $139.2M Reduce -1.3%
LLY Eli Lilly & Co. 3.90% 130,464 $107.8M No change
MSFT Microsoft Corp. 3.88% 285,500 $107.2M No change
AMZN Amazon.com Inc. 3.78% 548,575 $104.4M Reduce -0.9%
AAPL Apple Inc. 3.75% 466,472 $103.6M Reduce -0.0%
BRK.B Berkshire Hathaway Inc. Class B 2.04% 105,934 $56.4M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.98% 554,191 $54.7M No change
AXP American Express Co. 1.82% 186,922 $50.3M No change
NVDA Nvidia Corp. 1.82% 463,650 $50.3M Reduce -0.4%
META Meta Platforms Inc. Class A 1.68% 80,638 $46.5M Reduce -0.2%
PEP Pepsico Inc. 1.62% 297,599 $44.6M Reduce -0.3%
GOOGL Alphabet Inc. Class A 1.42% 253,320 $39.2M Reduce -0.0%
GOOG Alphabet Inc. Class C 1.37% 242,220 $37.8M No change
PG The Procter & Gamble Co. 1.11% 179,580 $30.6M No change
AVGO Broadcom Pte Ltd. 1.08% 177,555 $29.7M No change
UNP Union Pacific Corp. 1.06% 123,998 $29.3M No change
YUM Yum! Brands Inc. 0.83% 144,870 $22.8M No change
JNJ Johnson & Johnson 0.80% 132,372 $22.0M Reduce -0.0%
CMCSA Comcast Corp. Class A 0.77% 574,376 $21.2M Reduce -1.0%
RTX RTX Corp. 0.76% 158,427 $21.0M Reduce -1.6%
AMP Ameriprise Financial Inc. 0.66% 37,723 $18.3M No change
JPM JPMorgan Chase & Co. 0.65% 72,700 $17.8M No change
CL Colgate-Palmolive Co. 0.57% 168,149 $15.8M Reduce -4.5%
HES Hess Corp. 0.56% 96,528 $15.4M No change
ITW Illinois Tool Works 0.49% 54,601 $13.5M No change
HIG Hartford Insurance Group Inc. 0.48% 108,133 $13.4M Reduce -0.6%
AMT American Tower Corp. 0.48% 60,914 $13.3M No change
V Visa Inc. Class A 0.46% 36,000 $12.6M No change
TSLA Tesla Inc. 0.44% 46,545 $12.1M No change
XOM Exxon Mobil Corp. 0.43% 99,400 $11.8M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.42% 277,807 $11.6M Add +0.0%
SHEL Shell PLC-ADR 0.42% 157,098 $11.5M Reduce -0.6%
MRK Merck & Co Inc 0.41% 127,335 $11.4M Reduce -5.2%
ORCL Oracle Corp. 0.37% 72,700 $10.2M No change
TMO Thermo Fisher Scientific Inc. 0.35% 19,590 $9.7M No change
AMGN Amgen Inc. 0.35% 31,270 $9.7M No change
GL Globe Life Inc. 0.34% 72,009 $9.5M No change
MA Mastercard Inc. Class A 0.33% 16,800 $9.2M No change
PANW Palo Alto Networks Inc. 0.33% 53,400 $9.1M No change
FCX Freeport-McMoran Inc. 0.33% 238,176 $9.0M Reduce -3.8%
UNH Unitedhealth Group Inc. 0.33% 17,200 $9.0M No change
HON Honeywell International Inc. 0.31% 40,631 $8.6M No change
NSC Norfolk Southern Corp. 0.30% 35,500 $8.4M No change
SAP Sap SE-Sponsored ADR 0.29% 30,179 $8.1M No change
FDX FedEx Corp. 0.29% 33,089 $8.1M No change
CP Canadian Pacific Kansas City 0.29% 112,813 $7.9M No change
CSCO Cisco Systems Inc. 0.28% 126,280 $7.8M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.28% 31,167 $7.7M No change
CRM Salesforce Inc. 0.27% 27,300 $7.3M No change
CVX Chevron Corp. 0.26% 43,000 $7.2M No change
PM Philip Morris International 0.25% 43,679 $6.9M No change
ABT Abbott Laboratories 0.24% 49,435 $6.6M No change
WFC Wells Fargo & Co. 0.24% 90,900 $6.5M No change
GE General Electric filed as GE AEROSPACE 0.24% 32,589 $6.5M No change
COST Costco Wholesale Corp. 0.22% 6,400 $6.1M No change
QCOM Qualcomm Inc. 0.22% 39,400 $6.1M No change
MDT Medtronic Inc 0.21% 65,349 $5.9M Reduce -9.9%
HD Home Depot Inc. 0.21% 16,000 $5.9M No change
LH Labcorp Holdings Inc. 0.21% 24,710 $5.8M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.20% 14,658 $5.4M Add +0.1%
ALL Allstate Corp. 0.19% 24,811 $5.1M No change
VMC Vulcan Materials Co. 0.18% 21,768 $5.1M No change
MMM 3M Co. 0.17% 32,449 $4.8M Reduce -2.1%
YUMC Yum China Holdings Inc. 0.17% 91,399 $4.8M No change
NFLX Netflix Inc. 0.17% 5,000 $4.7M No change
BKNG Booking Holdings Inc. 0.17% 1,000 $4.6M No change
PYPL PayPal Holdings Inc. 0.16% 68,709 $4.5M No change
WMT Walmart Inc. 0.16% 51,000 $4.5M No change
TEL Te Connectivity PLC 0.16% 31,400 $4.4M No change
T AT&T Inc. 0.16% 154,832 $4.4M No change
PFE Pfizer Inc. 0.16% 169,179 $4.3M Add +0.0%
NEE Nextera Energy Inc. 0.15% 59,400 $4.2M No change
ISRG Intuitive Surgical Inc. 0.15% 8,460 $4.2M No change
VZ Verizon Communications Inc. 0.15% 90,641 $4.1M No change
TXN Texas Instruments Inc. 0.14% 21,900 $3.9M No change
ABBV Abbvie Inc. 0.14% 18,000 $3.8M No change
LIN Linde PLC 0.14% 8,000 $3.7M No change
KO The Coca-Cola Co. 0.13% 52,000 $3.7M No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.12% 13,565 $3.3M Add +0.6%
SIEGY Siemens AG-Spons ADR 0.12% 28,600 $3.3M Reduce -20.1%
ADP Automatic Data Processing 0.12% 10,705 $3.3M No change
UPS United Parcel Service Class B 0.11% 28,769 $3.2M Reduce -1.0%
BSX Boston Scientific Corp. 0.11% 30,500 $3.1M No change
GSK GSK PLC-Spon ADR 0.11% 79,398 $3.1M Reduce -19.1%
MO Altria Group Inc. 0.11% 51,203 $3.1M No change
COP Conocophillips 0.11% 28,500 $3.0M No change
VRTX Vertex Pharmaceuticals Inc. 0.11% 6,000 $2.9M No change
BMY Bristol-Myers Squibb Co. 0.11% 47,559 $2.9M No change
CARR Carrier Global Corp. 0.10% 45,668 $2.9M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.10% 23,600 $2.9M No change
DE Deere & Co. 0.10% 6,000 $2.8M No change
MCD McDonald's Corp. 0.10% 9,000 $2.8M No change
LOW Lowe's Cos Inc. 0.10% 11,950 $2.8M No change
CB Chubb Ltd. 0.10% 9,120 $2.8M No change
MET Metlife Inc. 0.10% 33,745 $2.7M Reduce -18.2%
INTC Intel Corp. 0.10% 115,400 $2.6M No change
GEN Gen Digital Inc. 0.09% 98,600 $2.6M No change

Show all 208 holdings

Portfolio Sells Q4 2024 → Q1 2025
IWO iShares Russell 2000 Growth Reduce -1.3% 5.04% −0.39
AMZN Amazon.com Inc. Reduce -0.9% 3.78% −0.37
NVDA Nvidia Corp. Reduce -0.4% 1.82% −0.32
AAPL Apple Inc. Reduce -0.0% 3.75% −0.24
GOOGL Alphabet Inc. Class A Reduce -0.0% 1.42% −0.22
MRK Merck & Co Inc Reduce -5.2% 0.41% −0.04
TGT Target Corp. Reduce -4.3% 0.09% −0.03
AL Sumisho Air Lease Corp. Reduce -36.6% 0.04% −0.02
MET Metlife Inc. Reduce -18.2% 0.10% −0.02
UPS United Parcel Service Class B Reduce -1.0% 0.11% −0.01
FTRE Fortrea Holdings Inc. Reduce -26.0% 0.00% −0.01
JHG Janus Henderson Group PLC Reduce -21.4% 0.01% −0.00
GSK GSK PLC-Spon ADR Reduce -19.1% 0.11% −0.00
SOLV Solventum Corp. Reduce -19.1% 0.02% −0.00
SIEGY Siemens AG-Spons ADR Reduce -20.1% 0.12% +0.00
FCX Freeport-McMoran Inc. Reduce -3.8% 0.33% +0.00
CCI Crown Castle Intl Corp. Com Reduce -7.9% 0.09% +0.01
MDT Medtronic Inc Reduce -9.9% 0.21% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.0% 23.91% +0.02
CL Colgate-Palmolive Co. Reduce -4.5% 0.57% +0.02
CMCSA Comcast Corp. Class A Reduce -1.0% 0.77% +0.02
MMM 3M Co. Reduce -2.1% 0.17% +0.03
PEP Pepsico Inc. Reduce -0.3% 1.62% +0.06
META Meta Platforms Inc. Class A Reduce -0.2% 1.68% +0.07
HIG Hartford Insurance Group Inc. Reduce -0.6% 0.48% +0.08
SHEL Shell PLC-ADR Reduce -0.6% 0.42% +0.08
RTX RTX Corp. Reduce -1.6% 0.76% +0.12
JNJ Johnson & Johnson Reduce -0.0% 0.80% +0.14

Portfolio Buys Q4 2024 → Q1 2025
SPGI S&P Global Inc. New 0.01% +0.01
VOT Vngrd Mrngstr MC GRW ETF-Usd Add +0.6% 0.12% +0.00
BAC Bank of America Corp. Add +0.0% 0.42% +0.00
PFE Pfizer Inc. Add +0.0% 0.16% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +0.1% 0.20% −0.01
QQQ Invesco QQQ Trust Series 1 Add +0.0% 5.89% −0.17
VBK Van Morst SML-Cap Gro-Usd Inc. Add +0.6% 6.19% −0.28

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 207$3.5BSPY, VBK, QQQ, IWO, LLY
Q1 2026 205$3.1BSPY, VBK, QQQ, IWO, LLY
Q4 2025 207$3.3BSPY, VBK, QQQ, IWO, LLY
Q3 2025 204$3.2BSPY, VBK, QQQ, IWO, MSFT
Q2 2025 204$3.0BSPY, VBK, QQQ, IWO, MSFT
Q1 2025 208$2.8BSPY, VBK, QQQ, IWO, LLY
Q4 2024 207$2.9BSPY, VBK, QQQ, IWO, AMZN
Q3 2024 220$2.9BSPY, AAPL, IWO, QQQ, MSFT
Q2 2024 222$2.8BSPY, QQQ, MSFT, IWO, AAPL
Q1 2024 222$2.7BSPY, IWO, QQQ, MSFT, AAPL