Klingenstein Fields & Co. LP

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Klingenstein Fields & Co. LP reported 188 stock positions worth $2.5 billion. Its top holding was Broadcom (AVGO) at 6.7% of the portfolio, followed by Microsoft (MSFT, 4.7%) and Berkshire Hathaway Class B (BRK.B, 3.8%). Compared with Q1 2025, it opened 11 new positions, sold out of 4, added to 15 and reduced 105. The biggest buy was General Electric (GE, shares +3354%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −6%).

Most Recent 13F: Q2 2026
Location: NEW YORK, NY
CIK: 0000859872
Portfolio Value: $2.5B (Q2 2025)
SEC Filing: 0000859872-25-000003 ↗ filed Jul 30, 2025

Holdings Value

Holdings 188 stocks · $2.5B


AVGO Broadcom Inc.	6.74%	617,640	$170.3M	Reduce -5.2%
MSFT Microsoft Corp.	4.70%	238,713	$118.7M	Reduce -1.4%
BRK.B Berkshire Hathaway Inc. Class B	3.79%	196,933	$95.7M	Reduce -6.0%
PANW Palo Alto Networks Inc.	3.62%	447,000	$91.5M	Reduce -3.7%
LLY Eli Lilly & Co.	3.22%	104,384	$81.4M	Add +2.8%
AMZN Amazon.com Inc.	3.20%	368,133	$80.8M	Reduce -7.7%
GOOGL Alphabet Inc. Class A	3.13%	448,521	$79.0M	Reduce -1.8%
AAPL Apple Inc.	2.98%	367,156	$75.3M	Reduce -3.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	2.97%	605,786	$75.1M	Reduce -2.8%
NVDA Nvidia Corp.	2.66%	425,905	$67.3M	Reduce -0.7%
UNP Union Pacific Corp.	2.41%	264,455	$60.8M	Reduce -3.3%
JPM JPMorgan Chase & Co.	2.30%	200,043	$58.0M	Reduce -2.7%
GS Goldman Sachs Group Inc.	2.28%	81,223	$57.5M	Reduce -4.1%
PEP Pepsico Inc.	2.23%	426,968	$56.4M	Reduce -2.6%
COST Costco Wholesale Corp.	2.01%	51,186	$50.7M	Reduce -5.5%
NFLX Netflix Inc.	1.96%	36,891	$49.4M	Reduce -4.0%
RTX RTX Corp.	1.86%	321,212	$46.9M	Reduce -2.9%
ISRG Intuitive Surgical Inc.	1.75%	81,445	$44.3M	Reduce -2.4%
SPY SS SPDR S&P 500 ETF Trust-US	1.72%	70,151	$43.3M	Reduce -4.7%
HON Honeywell International Inc.	1.54%	167,128	$38.9M	Reduce -2.6%
QQQ Invesco QQQ Trust Series 1	1.50%	68,470	$37.8M	Reduce -5.4%
NXPI NXP Semiconductors NV	1.44%	166,509	$36.4M	Reduce -2.1%
JNJ Johnson & Johnson	1.39%	229,557	$35.1M	Reduce -5.0%
GOOG Alphabet Inc. Class C	1.31%	187,187	$33.2M	Reduce -6.7%
ETN Eaton Corp. PLC	1.31%	92,742	$33.1M	Reduce -2.4%
CB Chubb Ltd.	1.21%	105,794	$30.7M	Reduce -2.4%
AMT American Tower Corp.	1.19%	136,497	$30.2M	Reduce -1.9%
SYK Stryker Corp.	1.18%	75,244	$29.8M	Reduce -2.5%
TMO Thermo Fisher Scientific Inc.	1.18%	73,333	$29.7M	Reduce -2.9%
SCHA Schwab US Small-Cap ETF	1.15%	1,144,969	$29.0M	Reduce -4.5%
ZS Zscaler Inc.	1.14%	91,888	$28.8M	Reduce -3.1%
BN Brookfield Corp.	1.11%	454,329	$28.1M	Reduce -2.8%
VMC Vulcan Materials Co.	1.09%	105,901	$27.6M	Reduce -2.3%
CL Colgate-Palmolive Co.	1.09%	303,056	$27.5M	Reduce -1.3%
NOW ServiceNow Inc.	1.02%	25,029	$25.7M	Reduce -3.4%
PLD Prologis Inc.	1.00%	239,475	$25.2M	Add +25.5%
HD Home Depot Inc.	1.00%	68,579	$25.1M	Reduce -1.8%
PYPL PayPal Holdings Inc.	0.95%	321,381	$23.9M	Reduce -3.0%
ROP Roper Technologies Inc.	0.87%	38,771	$22.0M	Reduce -2.1%
SBUX Starbucks Corp.	0.76%	209,081	$19.2M	Reduce -5.9%
ACN Accenture PLC Class A	0.75%	63,261	$18.9M	Reduce -1.3%
META Meta Platforms Inc. Class A	0.74%	25,246	$18.6M	Reduce -5.0%
MMM 3M Co.	0.73%	121,136	$18.4M	No change
MRK Merck & Co. Inc.	0.73%	232,280	$18.4M	Reduce -18.0%
STZ Constellation Brands Inc. Class A	0.73%	112,774	$18.3M	Reduce -3.1%
MDLZ Mondelez International Inc. Class A	0.73%	271,745	$18.3M	Reduce -1.6%
DD Dupont DE Nemours Inc.	0.69%	255,904	$17.6M	Reduce -0.2%
MA Mastercard Inc. Class A	0.69%	31,008	$17.4M	Reduce -3.6%
SCHF Schwab Intl Equity ETF	0.66%	758,319	$16.8M	Reduce -4.5%
SHEL Shell PLC-ADR	0.66%	236,505	$16.7M	Reduce -2.1%
ABT Abbott Laboratories	0.62%	115,720	$15.7M	Reduce -11.2%
FTV Fortive Corp.	0.60%	289,191	$15.1M	Reduce -1.1%
YUM Yum! Brands Inc.	0.57%	97,666	$14.5M	Reduce -4.7%
SCHE Schwab Emrg Mrkts Eqty ETF	0.56%	465,078	$14.0M	Reduce -5.2%
SO The Southern Co.	0.49%	136,141	$12.5M	Reduce -2.3%
NKE Nike Inc. Class B	0.49%	174,349	$12.4M	Reduce -3.3%
AXP American Express Co.	0.49%	38,668	$12.3M	Reduce -14.8%
GE General Electric filed as GE AEROSPACE	0.48%	47,456	$12.2M	Add +3353.9%
DHR Danaher Corp.	0.44%	55,839	$11.0M	Reduce -1.5%
XOM Exxon Mobil Corp.	0.43%	99,893	$10.8M	Reduce -4.9%
SNPS Synopsys Inc.	0.41%	20,153	$10.3M	Reduce -4.8%
NEE Nextera Energy Inc.	0.40%	144,858	$10.1M	Reduce -7.6%
ADBE Adobe Inc.	0.40%	25,821	$10.0M	Reduce -1.7%
AMP Ameriprise Financial Inc.	0.37%	17,396	$9.3M	Reduce -1.9%
CVX Chevron Corp.	0.35%	61,267	$8.8M	Add +0.2%
REGN Regeneron Pharmaceuticals	0.33%	16,099	$8.5M	Add +131.8%
ITW Illinois Tool Works	0.31%	31,541	$7.8M	Reduce -16.1%
XLK SS Technology Select Sector	0.30%	30,097	$7.6M	Reduce -4.8%
NSC Norfolk Southern Corp.	0.30%	29,469	$7.5M	Reduce -4.9%
CMCSA Comcast Corp. Class A	0.26%	183,565	$6.6M	Reduce -23.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.25%	51,937	$6.4M	Reduce -0.1%
SCHX Schwab US Large-Cap ETF	0.24%	250,611	$6.1M	Reduce -2.2%
PG The Procter & Gamble Co.	0.23%	36,171	$5.8M	Reduce -0.1%
BRK.A Berkshire Hathaway Inc. Class A	0.20%	7	$5.1M	Reduce -22.2%
ABNB Airbnb Inc. Class A	0.18%	34,897	$4.6M	New
GL Globe Life Inc.	0.16%	32,578	$4.0M	No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.15%	13,103	$3.9M	Reduce -0.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.13%	71,419	$3.4M	Reduce -13.6%
ALL Allstate Corp.	0.11%	13,447	$2.7M	Reduce -0.8%
UPS United Parcel Service Class B	0.11%	26,500	$2.7M	Reduce -6.0%
PLTR Palantir Technologies Inc. Class A	0.10%	17,888	$2.4M	Add +0.6%
LMT Lockheed Martin Corp.	0.09%	4,902	$2.3M	Reduce -0.7%
SOLV Solventum Corp.	0.09%	29,579	$2.2M	Reduce -0.2%
KO The Coca-Cola Co.	0.09%	31,572	$2.2M	Reduce -0.4%
EAGL Eagle Capital Select Eqty	0.08%	65,782	$2.0M	Add +71.5%
UITB Victoryshares Core Intermedi	0.07%	38,727	$1.8M	Add +1.1%
SMH Vaneck Semiconductor ETF	0.07%	6,486	$1.8M	Reduce -2.3%
PM Philip Morris International	0.07%	9,469	$1.7M	Reduce -0.3%
APH Amphenol Corp. Class A	0.07%	17,054	$1.7M	Reduce -1.9%
SMMD iShares Russell 2500 ETF	0.06%	22,700	$1.5M	No change
ADP Automatic Data Processing	0.06%	4,868	$1.5M	No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.06%	15,852	$1.4M	Reduce -16.3%
VOO Vanguard S&P 500 ETF	0.05%	2,308	$1.3M	No change
IVV iShares Core S&P 500 ETF	0.05%	1,967	$1.2M	Reduce -19.9%
IJR iShares Core S&P Small-Cap E	0.05%	10,649	$1.2M	Add +6.7%
MCD McDonald's Corp.	0.05%	3,942	$1.2M	Reduce -5.7%
CP Canadian Pacific Kansas City	0.04%	12,891	$1.0M	Reduce -29.9%
CAT Caterpillar Inc.	0.04%	2,626	$1.0M	No change
GILD Gilead Sciences Inc.	0.04%	9,039	$1.0M	Reduce -0.3%
ABBV Abbvie Inc.	0.04%	5,356	$994K	Reduce -53.9%

Show all 188 holdings

Portfolio Sells Q1 2025 → Q2 2025


BRK.B Berkshire Hathaway Inc. Class B	Reduce -6.0%	3.79%	−0.95
AAPL Apple Inc.	Reduce -3.7%	2.98%	−0.62
PEP Pepsico Inc.	Reduce -2.6%	2.23%	−0.56
TMO Thermo Fisher Scientific Inc.	Reduce -2.9%	1.18%	−0.42
MRK Merck & Co. Inc.	Reduce -18.0%	0.73%	−0.35
UNP Union Pacific Corp.	Reduce -3.3%	2.41%	−0.34
JNJ Johnson & Johnson	Reduce -5.0%	1.39%	−0.31
FTV Fortive Corp.	Reduce -1.1%	0.60%	−0.31
STZ Constellation Brands Inc. Class A	Reduce -3.1%	0.73%	−0.18
CB Chubb Ltd.	Reduce -2.4%	1.21%	−0.18
COST Costco Wholesale Corp.	Reduce -5.5%	2.01%	−0.17
SBUX Starbucks Corp.	Reduce -5.9%	0.76%	−0.17
CL Colgate-Palmolive Co.	Reduce -1.3%	1.09%	−0.13
ROP Roper Technologies Inc.	Reduce -2.1%	0.87%	−0.12
DD Dupont DE Nemours Inc.	Reduce -0.2%	0.69%	−0.12
CMCSA Comcast Corp. Class A	Reduce -23.0%	0.26%	−0.11
YUM Yum! Brands Inc.	Reduce -4.7%	0.57%	−0.11
ABT Abbott Laboratories	Reduce -11.2%	0.62%	−0.11
XOM Exxon Mobil Corp.	Reduce -4.9%	0.43%	−0.10
BRK.A Berkshire Hathaway Inc. Class A	Reduce -22.2%	0.20%	−0.10
ACN Accenture PLC Class A	Reduce -1.3%	0.75%	−0.10
SHEL Shell PLC-ADR	Reduce -2.1%	0.66%	−0.09
AMT American Tower Corp.	Reduce -1.9%	1.19%	−0.09
HD Home Depot Inc.	Reduce -1.8%	1.00%	−0.09
ITW Illinois Tool Works	Reduce -16.1%	0.31%	−0.09
NEE Nextera Energy Inc.	Reduce -7.6%	0.40%	−0.07
MDLZ Mondelez International Inc. Class A	Reduce -1.6%	0.73%	−0.07
ABBV Abbvie Inc.	Reduce -53.9%	0.04%	−0.06
MA Mastercard Inc. Class A	Reduce -3.6%	0.69%	−0.06
DHR Danaher Corp.	Reduce -1.5%	0.44%	−0.06
SO The Southern Co.	Reduce -2.3%	0.49%	−0.05
SCHA Schwab US Small-Cap ETF	Reduce -4.5%	1.15%	−0.05
SYK Stryker Corp.	Reduce -2.5%	1.18%	−0.04
VUSB Vanguard Ultra Short Bond Et	Reduce -79.2%	0.01%	−0.04
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -4.7%	1.72%	−0.03
PG The Procter & Gamble Co.	Reduce -0.1%	0.23%	−0.03
ADBE Adobe Inc.	Reduce -1.7%	0.40%	−0.03
AXP American Express Co.	Reduce -14.8%	0.49%	−0.03
AMZN Amazon.com Inc.	Reduce -7.7%	3.20%	−0.03
UPS United Parcel Service Class B	Reduce -6.0%	0.11%	−0.03
SCHE Schwab Emrg Mrkts Eqty ETF	Reduce -5.2%	0.56%	−0.02
BMY Bristol-Myers Squibb Co.	Sold out	0.00%	−0.02
GOOG Alphabet Inc. Class C	Reduce -6.7%	1.31%	−0.02
TJX TJX Companies Inc.	Reduce -0.1%	0.25%	−0.02
CP Canadian Pacific Kansas City	Reduce -29.9%	0.04%	−0.01
NSC Norfolk Southern Corp.	Reduce -4.9%	0.30%	−0.01
BAC Bank of America Corp.	Reduce -13.6%	0.13%	−0.01
GLD SPDR Gold Shares	Reduce -40.5%	0.02%	−0.01
ALL Allstate Corp.	Reduce -0.8%	0.11%	−0.01
BNY Bank of New York Mellon Corp.	Reduce -16.3%	0.06%	−0.01

Portfolio Buys Q1 2025 → Q2 2025


GE General Electric	Add +3353.9%	0.48%	+0.47
ABNB Airbnb Inc. Class A	New	0.18%	+0.18
REGN Regeneron Pharmaceuticals	Add +131.8%	0.33%	+0.15
PLD Prologis Inc.	Add +25.5%	1.00%	+0.09
FXE Invesco Currencyshares Euro	New	0.03%	+0.03
EAGL Eagle Capital Select Eqty	Add +71.5%	0.08%	+0.03
PLTR Palantir Technologies Inc. Class A	Add +0.6%	0.10%	+0.03
COIN Coinbase Global Inc. Class A	New	0.01%	+0.01
CEG Constellation Energy	New	0.01%	+0.01
DINO HF Sinclair Corp.	New	0.01%	+0.01
RKLB Rocket Lab USA Inc.	New	0.01%	+0.01
UBER Uber Technologies Inc.	New	0.01%	+0.01
GM General Motors Co.	New	0.01%	+0.01
UL Unilever PLC	New	0.01%	+0.01
CDW CDW Corp.	New	0.01%	+0.01
STT State Street Corp.	New	0.01%	+0.01
FXB Invesco Currencyshares Briti	Add +33.3%	0.02%	+0.00
TSLA Tesla Inc.	Add +13.4%	0.01%	+0.00
IJR iShares Core S&P Small-Cap E	Add +6.7%	0.05%	+0.00
VWO Vanguard Ftse Emerging Marke	Add +1.2%	0.02%	+0.00
WMT Walmart Inc.	Add +0.0%	0.01%	+0.00
KHC The Kraft Heinz Co.	Add +0.1%	0.01%	−0.00
UITB Victoryshares Core Intermedi	Add +1.1%	0.07%	−0.00
UNH Unitedhealth Group Inc.	Add +2.4%	0.01%	−0.01
CVX Chevron Corp.	Add +0.2%	0.35%	−0.09
LLY Eli Lilly & Co.	Add +2.8%	3.22%	−0.34

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	195	$2.9B	AVGO, GOOGL, PANW, LLY, AAPL
Q1 2026	186	$2.5B	AVGO, GOOGL, LLY, AAPL, BRK.B
Q4 2025	186	$2.7B	AVGO, GOOGL, MSFT, LLY, AAPL
Q3 2025	193	$2.6B	AVGO, MSFT, GOOGL, BRK.B, AAPL
Q2 2025	188	$2.5B	AVGO, MSFT, BRK.B, PANW, LLY
Q1 2025	181	$2.4B	BRK.B, AVGO, MSFT, AAPL, LLY
Q4 2024	180	$2.5B	AVGO, MSFT, BRK.B, AAPL, AMZN
Q3 2024	184	$2.5B	AVGO, MSFT, BRK.B, LLY, AAPL
Q2 2024	182	$2.4B	AVGO, MSFT, BRK.B, GOOGL, LLY
Q1 2024	185	$2.4B	MSFT, AVGO, BRK.B, DIS, PEP