Klingenstein Fields & Co. LP

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

0$1.0B$2.0B$3.0B Q1 2024: $2.4B Q1 2024 Q2 2024: $2.4B Q2 2024 Q3 2024: $2.5B Q3 2024 Q4 2024: $2.5B Q4 2024 Q1 2025: $2.4B Q1 2025 Q2 2025: $2.5B $2.5B Q2 2025 Q3 2025: $2.6B Q3 2025 Q4 2025: $2.7B Q4 2025 Q1 2026: $2.5B Q1 2026 Q2 2026: $2.9B Q2 2026

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%
MO Altria Group Inc. 0.04% 15,365 $901K No change
LOW Lowe's Cos Inc. 0.04% 4,002 $888K Reduce -2.4%
FXE Invesco Currencyshares Euro 0.03% 8,113 $883K New
TIP iShares Tips Bond ETF 0.03% 7,770 $855K Reduce -2.9%
GLW Corning Inc. 0.03% 16,006 $842K No change
NVS Novartis AG-Sponsored ADR 0.03% 6,547 $792K No change
ITOT iShares Core S&P Total U.S. 0.03% 5,757 $777K No change
DGX Quest Diagnostics Inc. 0.03% 4,000 $719K No change
OC Owens Corning 0.03% 5,000 $688K No change
NVO Novo-Nordisk A/S-Spons ADR 0.03% 9,955 $687K Reduce -2.7%
WTM White Mountains Insurance GP 0.03% 380 $682K No change
ICE Intercontinental Exchange Inc. 0.02% 3,356 $616K Reduce -8.9%
CSX CSX Corp. 0.02% 18,341 $598K Reduce -0.4%
IWF iShares Russell 1000 Growth 0.02% 1,355 $575K Reduce -3.6%
BEPC Brookfield Renewable Corp. 0.02% 17,480 $573K Reduce -24.6%
IP International Paper Co. 0.02% 11,865 $556K No change
CRC California Resources Corp. 0.02% 11,737 $536K No change
UBS UBS Group AG-Reg 0.02% 14,930 $505K No change
LIN Linde PLC 0.02% 1,029 $483K No change
SPXE Proshares S&P 500 Ex-Energy 0.02% 7,070 $473K No change
EUSA iShares MSCI USA Equal Weigh 0.02% 4,737 $470K No change
V Visa Inc. Class A 0.02% 1,276 $453K No change
GLD SPDR Gold Shares 0.02% 1,470 $448K Reduce -40.5%
VRTX Vertex Pharmaceuticals Inc. 0.02% 1,005 $447K No change
VWO Vanguard Ftse Emerging Marke 0.02% 8,601 $425K Add +1.2%
FXB Invesco Currencyshares Briti 0.02% 3,200 $423K Add +33.3%
FDX FedEx Corp. 0.02% 1,826 $415K Reduce -12.0%
VEA Vanguard Ftse Developed ETF 0.02% 7,230 $412K Reduce -1.4%
CWI State Street SPDR MSCI Acwi 0.02% 12,496 $408K No change
WFC Wells Fargo & Co. 0.02% 4,918 $394K Reduce -5.5%
EFA iShares MSCI Eafe ETF 0.02% 4,350 $389K No change
IWO iShares Russell 2000 Growth 0.02% 1,335 $382K No change
TSLA Tesla Inc. 0.01% 1,150 $365K Add +13.4%
QCOM Qualcomm Inc. 0.01% 2,247 $358K Reduce -2.4%
SCHW Schwab (charles) Corp. 0.01% 3,895 $355K No change
WLY Wiley (john) & Sons Class A 0.01% 7,909 $353K No change
WMT Walmart Inc. 0.01% 3,566 $349K Add +0.0%
IVW iShares S&P 500 Growth ETF 0.01% 3,120 $344K No change
BIIB Biogen Inc. 0.01% 2,731 $343K No change
LH Labcorp Holdings Inc. 0.01% 1,277 $335K No change
AMGN Amgen Inc. 0.01% 1,199 $335K No change
USRT iShares Core US REIT ETF 0.01% 5,867 $332K No change
BLK BlackRock Inc. 0.01% 312 $327K No change
PGR Progressive Corp. 0.01% 1,180 $315K No change
CSCO Cisco Systems Inc. 0.01% 4,464 $310K No change
VZ Verizon Communications Inc. 0.01% 7,146 $309K No change
EXEL Exelixis Inc. 0.01% 7,000 $309K No change
CBT Cabot Corp. 0.01% 4,105 $308K No change
MRSH Marsh & McLennan Cos 0.01% 1,395 $305K No change
UNH Unitedhealth Group Inc. 0.01% 964 $301K Add +2.4%
CRM Salesforce Inc. 0.01% 1,097 $299K No change
FNF Fidelity National Financial 0.01% 5,254 $295K No change
COIN Coinbase Global Inc. Class A 0.01% 837 $293K New
CEG Constellation Energy 0.01% 899 $290K New
EG Everest Group Ltd. 0.01% 850 $289K No change
CFG Citizens Financial Group 0.01% 6,402 $286K No change
AVAV Aerovironment Inc. 0.01% 1,000 $285K Reduce -50.0%
QUAL iShares MSCI USA Quality Fac 0.01% 1,553 $284K Reduce -6.3%
VXUS Vanguard Total Intl Stock 0.01% 4,082 $282K No change
DVY iShares Select Dividend ETF 0.01% 2,087 $277K No change
IWB iShares Russell 1000 ETF 0.01% 810 $275K No change
RY Royal Bank of Canada 0.01% 2,015 $265K No change
APD Air Products & Chemicals Inc. 0.01% 933 $263K No change
VTI VG Morningstar TS MKT ETF-US 0.01% 862 $262K No change
CVS CVS Health Corp. 0.01% 3,755 $259K Reduce -23.8%
TFC Truist Financial Corp. 0.01% 5,912 $254K No change
ORLY O'reilly Automotive Inc. 0.01% 2,775 $250K Reduce -2.6%
CTVA Corteva Inc. 0.01% 3,326 $248K No change
DINO HF Sinclair Corp. 0.01% 6,000 $246K New
VUSB Vanguard Ultra Short Bond Et 0.01% 4,930 $246K Reduce -79.2%
VIG Vanguard Dividend Apprec ETF 0.01% 1,197 $245K Reduce -2.4%
PHO Invesco Water Resources ETF 0.01% 3,500 $245K No change
VRSK Verisk Analytics Inc. 0.01% 772 $240K No change
FNB FNB Corp. 0.01% 16,452 $240K No change
PFE Pfizer Inc. 0.01% 9,347 $227K Reduce -30.8%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.01% 2,751 $225K No change
RKLB Rocket Lab USA Inc. 0.01% 6,230 $223K New
FAST Fastenal Co. 0.01% 5,234 $220K Reduce -16.0%
T AT&T Inc. 0.01% 7,439 $215K No change
UBER Uber Technologies Inc. 0.01% 2,288 $213K New
GD General Dynamics Corp. 0.01% 726 $212K Reduce -11.0%
IQV Iqvia Holdings Inc. 0.01% 1,321 $208K No change
GM General Motors Co. 0.01% 4,158 $205K New
UL Unilever PLC 0.01% 3,325 $203K New
KHC The Kraft Heinz Co. 0.01% 7,873 $203K Add +0.1%
STT State Street Corp. 0.01% 1,900 $202K New
CDW CDW Corp. 0.01% 1,126 $201K New
NOTE Fiscalnote Holdings Inc. 0.00% 119,931 $64K No change

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 195$2.9BAVGO, GOOGL, PANW, LLY, AAPL
Q1 2026 186$2.5BAVGO, GOOGL, LLY, AAPL, BRK.B
Q4 2025 186$2.7BAVGO, GOOGL, MSFT, LLY, AAPL
Q3 2025 193$2.6BAVGO, MSFT, GOOGL, BRK.B, AAPL
Q2 2025 188$2.5BAVGO, MSFT, BRK.B, PANW, LLY
Q1 2025 181$2.4BBRK.B, AVGO, MSFT, AAPL, LLY
Q4 2024 180$2.5BAVGO, MSFT, BRK.B, AAPL, AMZN
Q3 2024 184$2.5BAVGO, MSFT, BRK.B, LLY, AAPL
Q2 2024 182$2.4BAVGO, MSFT, BRK.B, GOOGL, LLY
Q1 2024 185$2.4BMSFT, AVGO, BRK.B, DIS, PEP