Cohen Klingenstein LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 20, 2026), Cohen Klingenstein LLC reported 207 stock positions worth $3.3 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 23.3% of the portfolio, followed by Van Morst SML-Cap Gro-Usd (VBK, 6.1%) and Invesco QQQ Trust Series 1 (QQQ, 5.9%). Compared with Q3 2025, it opened 3 new positions, sold out of 2, added to 5 and reduced 19. The biggest buy was Alphabet Class A (GOOGL, shares +0%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −1%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001453620
Portfolio Value
$3.3B (Q4 2025)
SEC Filing
0001453620-26-000003 ↗ filed Jan 20, 2026

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 Q1 2025 Q2 2025: $3.0B Q2 2025 Q3 2025: $3.2B Q3 2025 Q4 2025: $3.3B $3.3B Q4 2025 Q1 2026: $3.1B Q1 2026 Q2 2026: $3.5B Q2 2026

Holdings 207 stocks · $3.3B
SPY SS SPDR S&P 500 ETF Trust-US 23.31% 1,124,873 $767.1M Reduce -1.1%
VBK Van Morst SML-Cap Gro-Usd Inc. 6.14% 668,380 $201.9M Reduce -0.3%
QQQ Invesco QQQ Trust Series 1 5.93% 317,949 $195.3M Reduce -1.2%
IWO iShares Russell 2000 Growth 5.07% 516,788 $166.9M Reduce -1.8%
LLY Eli Lilly & Co. 4.24% 129,993 $139.7M Reduce -0.2%
MSFT Microsoft Corp. 4.20% 285,500 $138.1M No change
AAPL Apple Inc. 3.85% 466,450 $126.8M No change
AMZN Amazon.com Inc. 3.78% 539,575 $124.5M Reduce -1.6%
NVDA Nvidia Corp. 2.63% 463,650 $86.5M Reduce -0.1%
GOOGL Alphabet Inc. Class A 2.41% 253,315 $79.3M Add +0.0%
GOOG Alphabet Inc. Class C 2.30% 241,220 $75.7M No change
AXP American Express Co. 2.04% 181,512 $67.2M Reduce -2.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.91% 552,960 $62.9M Reduce -0.0%
AVGO Broadcom Pte Ltd. filed as AVGO 1.87% 177,555 $61.5M No change
BRK.B Berkshire Hathaway Inc. Class B 1.61% 105,724 $53.1M Reduce -0.2%
META Meta Platforms Inc. Class A 1.59% 79,528 $52.5M Add +0.0%
PEP Pepsico Inc. 1.29% 295,866 $42.5M Reduce -0.4%
UNP Union Pacific Corp. 0.87% 123,943 $28.7M No change
RTX RTX Corp. 0.86% 154,527 $28.3M No change
JNJ Johnson & Johnson 0.80% 127,994 $26.5M Reduce -0.3%
PG The Procter & Gamble Co. 0.76% 174,580 $25.0M No change
JPM JPMorgan Chase & Co. 0.71% 72,700 $23.4M No change
YUM Yum! Brands Inc. 0.67% 144,870 $21.9M No change
CVX Chevron Corp. 0.66% 141,933 $21.6M No change
TSLA Tesla Inc. 0.64% 46,545 $20.9M No change
AMP Ameriprise Financial Inc. 0.56% 37,723 $18.5M No change
CMCSA Comcast Corp. Class A 0.52% 573,188 $17.1M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.46% 277,810 $15.3M Reduce -0.1%
HIG Hartford Insurance Group Inc. 0.45% 108,133 $14.9M No change
ORCL Oracle Corp. 0.43% 72,700 $14.2M No change
ITW Illinois Tool Works 0.41% 54,601 $13.4M No change
CL Colgate-Palmolive Co. 0.40% 168,149 $13.3M No change
MRK Merck & Co Inc 0.40% 124,194 $13.1M No change
V Visa Inc. Class A 0.38% 36,000 $12.6M No change
FCX Freeport-McMoran Inc. 0.37% 238,176 $12.1M No change
XOM Exxon Mobil Corp. 0.36% 99,400 $12.0M No change
SHEL Shell PLC-ADR 0.35% 157,098 $11.5M No change
TMO Thermo Fisher Scientific Inc. 0.34% 19,590 $11.4M No change
AMT American Tower Corp. 0.32% 60,914 $10.7M No change
NSC Norfolk Southern Corp. 0.31% 35,500 $10.2M No change
AMGN Amgen Inc. 0.31% 31,270 $10.2M No change
GE General Electric filed as GE AEROSPACE 0.30% 32,589 $10.0M No change
PANW Palo Alto Networks Inc. 0.30% 53,400 $9.8M No change
CSCO Cisco Systems Inc. 0.30% 126,280 $9.7M No change
MA Mastercard Inc. Class A 0.29% 16,800 $9.6M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.28% 31,167 $9.2M No change
FDX FedEx Corp. 0.28% 31,446 $9.1M No change
GL Globe Life Inc. 0.27% 63,089 $8.8M No change
WFC Wells Fargo & Co. 0.26% 90,900 $8.5M No change
CP Canadian Pacific Kansas City 0.24% 107,867 $7.9M Reduce -3.9%
HON Honeywell International Inc. 0.24% 40,631 $7.9M No change
SAP Sap SE-Sponsored ADR 0.22% 30,179 $7.3M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.22% 14,851 $7.2M Add +0.8%
CRM Salesforce Inc. 0.22% 27,020 $7.2M No change
TEL Te Connectivity PLC 0.22% 31,400 $7.1M No change
PM Philip Morris International 0.21% 43,679 $7.0M No change
QCOM Qualcomm Inc. 0.20% 39,400 $6.7M No change
LH Labcorp Holdings Inc. 0.19% 24,710 $6.2M No change
ABT Abbott Laboratories 0.19% 49,435 $6.2M No change
VMC Vulcan Materials Co. 0.19% 21,508 $6.1M Reduce -1.2%
MDT Medtronic Inc 0.18% 60,497 $5.8M No change
UNH Unitedhealth Group Inc. 0.17% 17,289 $5.7M Add +0.2%
WMT Walmart Inc. 0.17% 51,000 $5.7M No change
COST Costco Wholesale Corp. 0.17% 6,400 $5.5M No change
HD Home Depot Inc. 0.17% 16,000 $5.5M No change
BKNG Booking Holdings Inc. 0.16% 1,000 $5.4M No change
GEV GE Vernova Inc. 0.16% 8,143 $5.3M No change
ALL Allstate Corp. 0.16% 24,811 $5.2M No change
MMM 3M Co. 0.15% 31,833 $5.1M No change
ISRG Intuitive Surgical Inc. 0.15% 8,460 $4.8M No change
NEE Nextera Energy Inc. 0.14% 59,400 $4.8M No change
NFLX Netflix Inc. 0.14% 50,000 $4.7M No change
INTC Intel Corp. 0.13% 115,400 $4.3M No change
PFE Pfizer Inc. 0.13% 169,014 $4.2M No change
YUMC Yum China Holdings Inc. 0.13% 87,799 $4.2M Reduce -3.9%
ABBV Abbvie Inc. 0.13% 18,000 $4.1M No change
SIEGY Siemens AG-Spons ADR 0.12% 28,600 $4.0M No change
GSK GSK PLC-Spon ADR 0.12% 79,398 $3.9M No change
COF Capital One Financial Corp. 0.12% 16,064 $3.9M No change
MS Morgan Stanley 0.12% 21,800 $3.9M No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.12% 13,785 $3.8M Add +1.6%
T AT&T Inc. 0.12% 154,832 $3.8M No change
PYPL PayPal Holdings Inc. 0.12% 65,421 $3.8M Reduce -4.8%
TXN Texas Instruments Inc. 0.12% 21,900 $3.8M No change
VZ Verizon Communications Inc. 0.11% 90,641 $3.7M No change
KO The Coca-Cola Co. 0.11% 52,000 $3.6M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.11% 23,600 $3.6M No change
LIN Linde PLC 0.10% 8,000 $3.4M No change
GS Goldman Sachs Group Inc. 0.10% 3,600 $3.2M No change
MO Altria Group Inc. 0.09% 51,203 $3.0M No change
BSX Boston Scientific Corp. 0.09% 30,500 $2.9M No change
LOW Lowe's Cos Inc. 0.09% 11,950 $2.9M No change
CB Chubb Ltd. 0.09% 9,120 $2.8M No change
DE Deere & Co. 0.08% 6,000 $2.8M No change
BA The Boeing Co. 0.08% 12,700 $2.8M No change
ADP Automatic Data Processing 0.08% 10,705 $2.8M No change
MCD McDonald's Corp. 0.08% 9,000 $2.8M No change
VRTX Vertex Pharmaceuticals Inc. 0.08% 6,000 $2.7M No change
GEN Gen Digital Inc. 0.08% 98,600 $2.7M No change
COP Conocophillips 0.08% 28,500 $2.7M No change
MET Metlife Inc. 0.08% 33,745 $2.7M No change
UPS United Parcel Service Class B 0.08% 26,741 $2.7M No change
AMD Advanced Micro Devices 0.08% 12,100 $2.6M No change
LRCX Lam Research Corp. 0.08% 15,000 $2.6M No change
BMY Bristol-Myers Squibb Co. 0.08% 47,559 $2.6M No change
GILD Gilead Sciences Inc. 0.08% 20,700 $2.5M No change
EPI Wisdomtree India Earnings 0.08% 53,600 $2.5M No change
AMAT Applied Materials Inc. 0.07% 9,600 $2.5M No change
EMR Emerson Electric Co. 0.07% 18,200 $2.4M No change
CARR Carrier Global Corp. 0.07% 45,668 $2.4M No change
VWO Vanguard Ftse Emerging Marke 0.07% 43,329 $2.3M No change
TGT Target Corp. 0.07% 23,572 $2.3M No change
PLD Prologis Inc. 0.07% 17,853 $2.3M No change
SYK Stryker Corp. 0.07% 6,400 $2.2M No change
DHR Danaher Corp. 0.07% 9,600 $2.2M No change
GHC Graham Holdings Co. Class B 0.07% 2,000 $2.2M Reduce -12.7%
CCI Crown Castle Intl Corp. Com 0.06% 24,051 $2.1M No change
OTIS Otis Worldwide Corp. 0.06% 23,500 $2.1M No change
WM Waste Management Inc. 0.06% 9,300 $2.0M No change
GM General Motors Co. 0.06% 25,000 $2.0M No change
USB US Bancorp 0.06% 37,300 $2.0M No change
AFL Aflac Inc. 0.06% 18,000 $2.0M No change
GLW Corning Inc. 0.06% 22,130 $1.9M No change
SO The Southern Co. 0.06% 21,800 $1.9M No change
DUKE ENERGY 0.06% 16,200 $1.9M No change
AIG American Intl Group 0.06% 21,788 $1.9M No change
SYF Synchrony Financial 0.06% 22,335 $1.9M No change
MRSH Marsh & McLennan Cos 0.06% 10,000 $1.9M No change
ABBNY Abb Ltd.-Spon ADR 0.06% 25,000 $1.8M No change
ACN Accenture PLC Class A 0.06% 6,800 $1.8M No change
EA Electronic Arts Inc. 0.06% 8,918 $1.8M No change
CI The Cigna Group 0.06% 6,600 $1.8M No change
ICE Intercontinental Exchange Inc. 0.05% 11,000 $1.8M No change
AON Aon PLC Class A 0.05% 5,000 $1.8M No change
PNC PNC Financial Services Group 0.05% 8,300 $1.7M No change
PTC PTC Inc. 0.05% 9,815 $1.7M No change
GD General Dynamics Corp. 0.05% 5,000 $1.7M No change
MDLZ Mondelez International Inc. Class A 0.05% 31,097 $1.7M No change
LMT Lockheed Martin Corp. 0.05% 3,300 $1.6M No change
ADBE Adobe Inc. 0.05% 4,452 $1.6M No change
EQIX Equinix Inc. 0.05% 2,000 $1.5M No change
NOW ServiceNow Inc. 0.05% 10,000 $1.5M No change
SBUX Starbucks Corp. 0.05% 18,000 $1.5M No change
CSX CSX Corp. 0.04% 40,500 $1.5M No change
RMD Resmed Inc. 0.04% 5,900 $1.4M No change
Citigroup Inc 0.04% 11,800 $1.4M No change
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.04% 20,160 $1.3M No change
SEE Sealed Air Corp. 0.04% 30,836 $1.3M No change
NKE Nike Inc. Class B 0.04% 19,800 $1.3M No change
SHW The Sherwin-Williams Co. 0.04% 3,795 $1.2M No change
EOG EOG Resources Inc. 0.04% 11,600 $1.2M No change
D Dominion Energy Inc. 0.03% 18,700 $1.1M No change
ETW Eaton Vance T/M GLBL Buy-WR 0.03% 114,690 $1.1M Reduce -21.4%
ECL Ecolab Inc. 0.03% 3,925 $1.0M No change
FOXA Fox Corp. Class A 0.03% 13,638 $997K No change
APD Air Products & Chemicals Inc. 0.03% 4,000 $988K No change
WARNER BROS DISCOVERYXXX 0.03% 33,756 $984K New
WY Weyerhaeuser Co. 0.03% 41,315 $979K No change
CTVA Corteva Inc. 0.03% 14,378 $964K No change
CVS CVS Health Corp. 0.03% 11,700 $929K No change
GEHC GE Healthcare Technology 0.03% 10,859 $891K No change
BDX Becton Dickinson and Co. 0.03% 4,400 $854K No change
EWJ iShares 0.03% 10,500 $848K No change
SRE Sempra 0.03% 9,600 $848K No change
RCL Royal Caribbean Cruises Ltd. 0.03% 3,000 $837K No change
HLN Haleon PLC-ADR 0.03% 81,613 $825K No change
CCL Carnival Corp. 0.02% 26,513 $810K No change
EBAY eBay Inc. 0.02% 9,200 $801K No change
KMB Kimberly-Clark Corp. 0.02% 7,000 $706K No change
BIIB Biogen Inc. 0.02% 4,000 $704K No change
INGR Ingredion Inc. 0.02% 6,302 $695K No change
ED Consolidated Edison Inc. 0.02% 6,900 $685K No change
IDCC Interdigital Inc. 0.02% 2,122 $676K No change
AEP American Electric Power 0.02% 5,500 $634K No change
HPE Hewlett Packard Enterprise 0.02% 26,200 $629K No change
XEL Xcel Energy Inc. 0.02% 8,100 $598K No change
Q Qnity Electronics Inc. 0.02% 7,189 $587K No change
HPQ HP Inc. 0.02% 26,200 $584K No change
DD Dupont DE Nemours Inc. 0.02% 14,378 $578K No change
SPG Simon Property Group Inc. 0.02% 3,100 $574K No change
SLAB Silicon Laboratories Inc. 0.02% 4,359 $570K No change
CHTR Charter Communications Inc. Class A 0.02% 2,700 $564K No change
ZTS Zoetis Inc. 0.02% 4,430 $557K No change
PPG PPG Industries Inc. 0.01% 4,815 $493K No change
SOLS Solstice Adv Materials Inc. 0.01% 10,149 $493K No change
KVUE Kenvue Inc. 0.01% 28,539 $492K No change
SOLV Solventum Corp. 0.01% 6,194 $491K No change
MDY State Street SPDR S&P Midcap 0.01% 800 $483K No change
SLB SLB Ltd. filed as SLB LIMITED 0.01% 11,000 $422K No change
EFA iShares MSCI Eafe ETF 0.01% 4,300 $413K No change
ILMN Illumina Inc. 0.01% 3,000 $393K No change
SCHW Schwab (charles) Corp. 0.01% 3,660 $366K No change
EXC Exelon Corp. 0.01% 8,200 $357K No change
NWSA News Corp. Class A 0.01% 13,640 $356K No change
IP International Paper Co. 0.01% 9,000 $355K No change
DOW Dow Inc. 0.01% 14,378 $336K No change
VLTO Veralto Corp. 0.01% 3,200 $319K No change
IJR iShares Core S&P Small-Cap E 0.01% 2,400 $288K No change
FTRE Fortrea Holdings Inc. 0.01% 15,271 $263K No change
HAL Halliburton Co. 0.01% 8,500 $240K No change
JHG Janus Henderson Group PLC 0.01% 5,029 $239K No change
VTRS Viatris Inc. 0.01% 18,354 $229K No change
CABO Cable One Inc. 0.01% 2,000 $226K No change
APH Amphenol Corp. Class A 0.01% 1,600 $216K New
DOX Amdocs Ltd. 0.01% 2,680 $216K No change
CAG Conagra Brands Inc. 0.01% 12,400 $215K No change
SPGI S&P Global Inc. 0.01% 400 $209K New

Portfolio Sells Q3 2025 → Q4 2025
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.1% 23.31% −0.43
IWO iShares Russell 2000 Growth Reduce -1.8% 5.07% −0.20
QQQ Invesco QQQ Trust Series 1 Reduce -1.2% 5.93% −0.12
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -0.3% 6.14% −0.12
NVDA Nvidia Corp. Reduce -0.1% 2.63% −0.09
DIS The Walt Disney Co. Reduce -0.0% 1.91% −0.07
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.2% 1.61% −0.05
PYPL PayPal Holdings Inc. Reduce -4.8% 0.12% −0.03
VMC Vulcan Materials Co. Reduce -1.2% 0.19% −0.02
WBD Warner Bros Discovery Inc. Sold out 0.00% −0.02
CP Canadian Pacific Kansas City Reduce -3.9% 0.24% −0.02
GHC Graham Holdings Co. Class B Reduce -12.7% 0.07% −0.02
PEP Pepsico Inc. Reduce -0.4% 1.29% −0.02
ETW Eaton Vance T/M GLBL Buy-WR Reduce -21.4% 0.03% −0.01
LW Lamb Weston Holdings Inc. Sold out 0.00% −0.01
YUMC Yum China Holdings Inc. Reduce -3.9% 0.13% +0.00
AMZN Amazon.com Inc. Reduce -1.6% 3.78% +0.01
BAC Bank of America Corp. Reduce -0.1% 0.46% +0.01
JNJ Johnson & Johnson Reduce -0.3% 0.80% +0.06
AXP American Express Co. Reduce -2.5% 2.04% +0.10
LLY Eli Lilly & Co. Reduce -0.2% 4.24% +1.13

Portfolio Buys Q3 2025 → Q4 2025
GOOGL Alphabet Inc. Class A Add +0.0% 2.41% +0.48
WARNER BROS DISCOVERYXXX New 0.03% +0.03
APH Amphenol Corp. Class A New 0.01% +0.01
SPGI S&P Global Inc. New 0.01% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +0.8% 0.22% −0.00
VOT Vngrd Mrngstr MC GRW ETF-Usd Add +1.6% 0.12% −0.01
UNH Unitedhealth Group Inc. Add +0.2% 0.17% −0.01
META Meta Platforms Inc. Class A Add +0.0% 1.59% −0.23

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