Klingman & Associates, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 31, 2025), Klingman & Associates, LLC reported 254 stock positions worth $1.6 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 19.5% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 5.4%) and SS SPDR S&P 500 ETF Trust-US (SPY, 4.4%). Compared with Q3 2024, it opened 6 new positions, sold out of 17, added to 93 and reduced 111. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +0%) and the biggest sale an exit from Ishrs Ibnds Dec 27 Corp. ETF (IBDS).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001662449
- Portfolio Value
- $1.6B (Q4 2024)
- SEC Filing
- 0001172661-25-000455 ↗ filed Jan 31, 2025
Holdings Value
Holdings 254 stocks · $1.6B
| IVV iShares Core S&P 500 ETF | 19.46% | 522,942 | $307.8M | Add +0.1% |
| IJH iShares Core S&P Midcap ETF | 5.45% | 1,382,218 | $86.1M | Add +1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.44% | 119,813 | $70.2M | Reduce -1.1% |
| VTIP Vanguard Short-Term Tips | 4.00% | 1,306,764 | $63.3M | Add +14.3% |
| AAPL Apple Inc. | 3.98% | 251,534 | $63.0M | Add +1.0% |
| IJR iShares Core S&P Small-Cap E | 3.91% | 537,324 | $61.9M | Add +1.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.75% | 674,165 | $59.3M | Reduce -1.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 3.55% | 1,098,135 | $56.2M | Reduce -1.1% |
| IEFA iShares Core MSCI Eafe ETF | 2.92% | 656,176 | $46.1M | Add +16.0% |
| VEA Vanguard Ftse Developed ETF | 2.67% | 882,466 | $42.2M | Add +6.7% |
| VWO Vanguard Ftse Emerging Marke | 2.16% | 776,385 | $34.2M | Add +23.9% |
| USMV iShares MSCI USA Min Vol Fac | 2.12% | 378,386 | $33.6M | Reduce -1.6% |
| IBDU iShares Ibonds Dec 2029 Term | 1.85% | 1,281,609 | $29.2M | Add +5.8% |
| PRF Invesco Rafi US 1000 ETF | 1.76% | 691,816 | $27.9M | Reduce -2.0% |
| MDYV SS SPDR S&P 400 MC Val ETF | 1.74% | 343,576 | $27.6M | Reduce -0.3% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.71% | 1,087,184 | $27.1M | Add +2.6% |
| SDY SS SPDR S&P Dividend ETF | 1.70% | 204,025 | $27.0M | Reduce -0.5% |
| RWL Invesco S&P 500 Revenue ETF | 1.66% | 267,384 | $26.2M | Add +1.7% |
| MDYG SS SPDR S&P 400 MC GR ETF | 1.65% | 299,996 | $26.1M | Reduce -0.4% |
| IBDV iShares Ibonds Dec 2030 Corp. | 1.58% | 1,169,191 | $25.0M | Add +19.4% |
| MDY State Street SPDR S&P Midcap | 1.52% | 42,281 | $24.1M | Reduce -3.0% |
| DDOG Datadog Inc. Class A | 1.45% | 160,509 | $22.9M | Reduce -2.2% |
| SLYV SS SPDR S&P 600 SC Val ETF | 1.41% | 254,949 | $22.2M | Reduce -0.8% |
| IBDW iShares Ibonds Dec 2031 Corp. | 1.32% | 1,024,300 | $20.8M | Add +32.3% |
| CFG Citizens Financial Group | 1.13% | 409,624 | $17.9M | Reduce -2.6% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.99% | 172,848 | $15.6M | Reduce -1.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.86% | 46,712 | $13.5M | Reduce -1.4% |
| IEMG iShares Core MSCI Emerging | 0.80% | 242,456 | $12.7M | Add +32.9% |
| MSFT Microsoft Corp. | 0.77% | 28,875 | $12.2M | Reduce -4.1% |
| NYF iShares New York Muni Bond E | 0.74% | 220,328 | $11.7M | Add +11.9% |
| SCZ iShares MSCI Eafe Small-Cap | 0.66% | 171,363 | $10.4M | Reduce -4.0% |
| AMZN Amazon.com Inc. | 0.63% | 45,094 | $9.9M | Add +2.1% |
| PJT PJT Partners Inc. Class A | 0.47% | 46,852 | $7.4M | Reduce -39.0% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.46% | 306,010 | $7.2M | Reduce -2.4% |
| IWB iShares Russell 1000 ETF | 0.45% | 22,053 | $7.1M | Reduce -0.2% |
| IWM iShares Russell 2000 ETF | 0.45% | 32,130 | $7.1M | Reduce -3.0% |
| JLL Jones Lang Lasalle Inc. | 0.41% | 25,328 | $6.4M | No change |
| GOOG Alphabet Inc. Class C | 0.32% | 26,741 | $5.1M | Add +2.2% |
| NVDA Nvidia Corp. | 0.32% | 37,329 | $5.0M | Add +24.2% |
| VOO Vanguard S&P 500 ETF | 0.30% | 8,947 | $4.8M | Add +3.6% |
| VNQ Vanguard Real Estate ETF | 0.30% | 52,828 | $4.7M | Reduce -1.8% |
| JPM JPMorgan Chase & Co. | 0.27% | 18,099 | $4.3M | Reduce -33.6% |
| DVY iShares Select Dividend ETF | 0.27% | 32,672 | $4.3M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 9,375 | $4.2M | Add +0.3% |
| SPLV Invesco S&P 500 Low Volatili | 0.25% | 57,181 | $4.0M | Reduce -2.1% |
| XOM Exxon Mobil Corp. | 0.24% | 35,889 | $3.9M | Reduce -31.0% |
| MA Mastercard Inc. Class A | 0.24% | 7,236 | $3.8M | Reduce -2.8% |
| GOOGL Alphabet Inc. Class A | 0.23% | 19,145 | $3.6M | Add +7.6% |
| DFAT Dimensional US Target Value | 0.22% | 62,218 | $3.5M | No change |
| CROX Crocs Inc. | 0.21% | 30,115 | $3.3M | Add +0.7% |
| HD Home Depot Inc. | 0.19% | 7,749 | $3.0M | Reduce -6.1% |
| AMAT Applied Materials Inc. | 0.19% | 17,997 | $2.9M | Reduce -0.0% |
| SOXX iShares Semiconductor ETF | 0.18% | 13,295 | $2.9M | Add +0.7% |
| COST Costco Wholesale Corp. | 0.18% | 3,087 | $2.8M | Reduce -2.3% |
| META Meta Platforms Inc. Class A | 0.17% | 4,618 | $2.7M | Add +14.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.17% | 10,979 | $2.6M | Reduce -0.8% |
| JPST JPMorgan Ultra-Short Income | 0.16% | 51,778 | $2.6M | Add +0.3% |
| EFA iShares MSCI Eafe ETF | 0.16% | 34,168 | $2.6M | Reduce -0.3% |
| RSP Invesco S&P 500 Equal Weight | 0.16% | 14,678 | $2.6M | Reduce -4.5% |
| V Visa Inc. Class A | 0.15% | 7,608 | $2.4M | Reduce -18.3% |
| HDV iShares Core High Dividend E | 0.15% | 20,805 | $2.3M | Reduce -2.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.15% | 40,137 | $2.3M | Add +27.5% |
| BX Blackstone Inc. | 0.14% | 13,097 | $2.3M | Reduce -0.3% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.14% | 43,163 | $2.2M | No change |
| JNJ Johnson & Johnson | 0.14% | 14,979 | $2.2M | Reduce -2.2% |
| IWN iShares Russell 2000 Value E | 0.13% | 12,942 | $2.1M | No change |
| TSLA Tesla Inc. | 0.13% | 5,210 | $2.1M | Add +25.2% |
| ADP Automatic Data Processing | 0.13% | 7,118 | $2.1M | Reduce -8.9% |
| MINT PIMCO Enhanced Short Maturit | 0.13% | 20,500 | $2.1M | No change |
| ORCL Oracle Corp. | 0.13% | 11,973 | $2.0M | Add +4.2% |
| ABBV Abbvie Inc. | 0.13% | 11,207 | $2.0M | Reduce -3.9% |
| AVGO Broadcom Inc. | 0.12% | 8,470 | $2.0M | Add +4.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.12% | 16,220 | $2.0M | Reduce -0.7% |
| OEF iShares S&P 100 ETF | 0.12% | 6,715 | $1.9M | No change |
| IXUS iShares Core Intl Stock ETF | 0.12% | 28,235 | $1.9M | Add +1.5% |
| ITOT iShares Core S&P Total U.S. | 0.11% | 13,844 | $1.8M | Add +0.9% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.11% | 24,903 | $1.8M | Add +0.2% |
| PG The Procter & Gamble Co. | 0.11% | 10,268 | $1.7M | Reduce -1.2% |
| RJF Raymond James Financial Inc. | 0.10% | 10,490 | $1.6M | Add +0.2% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.10% | 14,886 | $1.6M | Reduce -0.1% |
| RWK Invesco S&P Midcap 400 Rev | 0.10% | 12,954 | $1.5M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.09% | 2,814 | $1.4M | Add +3.8% |
| GE General Electric filed as GE AEROSPACE | 0.09% | 8,318 | $1.4M | Reduce -0.5% |
| LLY Eli Lilly & Co. | 0.08% | 1,725 | $1.3M | Add +4.0% |
| DFIP Dimensional Inflation-Protec | 0.08% | 32,841 | $1.3M | Reduce -59.9% |
| RWJ Invesco S&P Smallcap 600 | 0.08% | 28,569 | $1.3M | Reduce -1.1% |
| VIG Vanguard Dividend Apprec ETF | 0.08% | 6,583 | $1.3M | Add +1.7% |
| MCD McDonald's Corp. | 0.08% | 4,227 | $1.2M | Add +0.0% |
| NEE Nextera Energy Inc. | 0.08% | 16,964 | $1.2M | Reduce -21.1% |
| VYM Vanguard High DVD Yield ETF | 0.07% | 9,272 | $1.2M | Reduce -2.0% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.07% | 10,934 | $1.2M | No change |
| UBSI United Bankshares Inc. | 0.07% | 30,596 | $1.1M | No change |
| ABT Abbott Laboratories | 0.07% | 10,101 | $1.1M | Reduce -11.3% |
| TMO Thermo Fisher Scientific Inc. | 0.07% | 2,187 | $1.1M | Reduce -30.3% |
| IWR iShares Russell Mid-Cap ETF | 0.07% | 12,497 | $1.1M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.07% | 2,667 | $1.1M | Reduce -13.6% |
| CPNG Coupang Inc. | 0.07% | 47,712 | $1.0M | Reduce -19.9% |
| NFLX Netflix Inc. | 0.07% | 1,153 | $1.0M | Add +10.2% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.06% | 20,201 | $1.0M | Reduce -41.8% |
| SYK Stryker Corp. | 0.06% | 2,790 | $1.0M | Reduce -24.6% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $44.8M (not counted above)
Total filed on the 13F, all lines: $1.6B.
Portfolio Sells Q3 2024 → Q4 2024
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Sold out | 0.00% | −1.54 |
| IBDR iShares Ibonds Dec 2026 Term | Sold out | 0.00% | −1.34 |
| PJT PJT Partners Inc. Class A | Reduce -39.0% | 0.47% | −0.17 |
| XOM Exxon Mobil Corp. | Reduce -31.0% | 0.24% | −0.13 |
| DFIP Dimensional Inflation-Protec | Reduce -59.9% | 0.08% | −0.13 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.5% | 1.70% | −0.10 |
| TTEK Tetra Tech Inc. | Sold out | 0.00% | −0.10 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -4.0% | 0.66% | −0.09 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -1.1% | 3.55% | −0.09 |
| JPM JPMorgan Chase & Co. | Reduce -33.6% | 0.27% | −0.08 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.6% | 2.12% | −0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -30.3% | 0.07% | −0.05 |
| JMST JPM Ultra-Short Muni Income | Reduce -41.8% | 0.06% | −0.04 |
| COMP Compass Inc. Class A | Reduce -53.7% | 0.04% | −0.04 |
| AMAT Applied Materials Inc. | Reduce -0.0% | 0.19% | −0.04 |
| VGSH Vanguard Short-Term Treasury | Reduce -52.8% | 0.03% | −0.04 |
| NEE Nextera Energy Inc. | Reduce -21.1% | 0.08% | −0.04 |
| MSFT Microsoft Corp. | Reduce -4.1% | 0.77% | −0.03 |
| ELME Elme Communities | Sold out | 0.00% | −0.03 |
| STLD Steel Dynamics Inc. | Sold out | 0.00% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -1.8% | 0.30% | −0.03 |
| GBDC Golub Capital BDC Inc. | Reduce -46.4% | 0.03% | −0.03 |
| CPNG Coupang Inc. | Reduce -19.9% | 0.07% | −0.02 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.02 |
| SCHF Schwab Intl Equity ETF | Reduce -21.7% | 0.06% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -18.3% | 0.06% | −0.02 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -1.2% | 0.99% | −0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -33.3% | 0.04% | −0.02 |
| SYK Stryker Corp. | Reduce -24.6% | 0.06% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -30.1% | 0.03% | −0.02 |
| ABBV Abbvie Inc. | Reduce -3.9% | 0.13% | −0.02 |
| JNJ Johnson & Johnson | Reduce -2.2% | 0.14% | −0.02 |
| GEHC GE Healthcare Technology | Reduce -28.4% | 0.03% | −0.02 |
| HD Home Depot Inc. | Reduce -6.1% | 0.19% | −0.02 |
| RTX RTX Corp. | Reduce -34.0% | 0.03% | −0.02 |
| SYY Sysco Corp. | Reduce -53.9% | 0.01% | −0.02 |
| MDY State Street SPDR S&P Midcap | Reduce -3.0% | 1.52% | −0.02 |
| OCSL Oaktree Specialty Lending Co. | Sold out | 0.00% | −0.01 |
| CVX Chevron Corp. | Reduce -27.0% | 0.04% | −0.01 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.01 |
| BBJP JPMorgan Betabuilders Japan | Sold out | 0.00% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -0.3% | 0.16% | −0.01 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.01 |
| PRF Invesco Rafi US 1000 ETF | Reduce -2.0% | 1.76% | −0.01 |
| ICF iShares Select U.S. REIT ETF | Sold out | 0.00% | −0.01 |
| CB Chubb Ltd. | Sold out | 0.00% | −0.01 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.01 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Sold out | 0.00% | −0.01 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.01 |
| JFR Nuveen Floating Rate Income | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| IVV iShares Core S&P 500 ETF | Add +0.1% | 19.46% | +0.79 |
| VTIP Vanguard Short-Term Tips | Add +14.3% | 4.00% | +0.51 |
| AAPL Apple Inc. | Add +1.0% | 3.98% | +0.39 |
| VWO Vanguard Ftse Emerging Marke | Add +23.9% | 2.16% | +0.31 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +32.3% | 1.32% | +0.30 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +19.4% | 1.58% | +0.23 |
| IJH iShares Core S&P Midcap ETF | Add +1.6% | 5.45% | +0.20 |
| IEFA iShares Core MSCI Eafe ETF | Add +16.0% | 2.92% | +0.18 |
| IEMG iShares Core MSCI Emerging | Add +32.9% | 0.80% | +0.15 |
| AMZN Amazon.com Inc. | Add +2.1% | 0.63% | +0.12 |
| NVDA Nvidia Corp. | Add +24.2% | 0.32% | +0.09 |
| IBDU iShares Ibonds Dec 2029 Term | Add +5.8% | 1.85% | +0.08 |
| NYF iShares New York Muni Bond E | Add +11.9% | 0.74% | +0.08 |
| TSLA Tesla Inc. | Add +25.2% | 0.13% | +0.07 |
| IJR iShares Core S&P Small-Cap E | Add +1.0% | 3.91% | +0.06 |
| RWL Invesco S&P 500 Revenue ETF | Add +1.7% | 1.66% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +2.2% | 0.32% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +7.6% | 0.23% | +0.05 |
| AVGO Broadcom Inc. | Add +4.8% | 0.12% | +0.04 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +2.6% | 1.71% | +0.04 |
| IDEV iShares Core MSCI Dev MKTS | New | 0.03% | +0.03 |
| META Meta Platforms Inc. Class A | Add +14.1% | 0.17% | +0.03 |
| RJF Raymond James Financial Inc. | Add +0.2% | 0.10% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +27.5% | 0.15% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +3.6% | 0.30% | +0.02 |
| NFLX Netflix Inc. | Add +10.2% | 0.07% | +0.02 |
| VGT Vanguard Info Tech ETF | New | 0.01% | +0.01 |
| PYPL PayPal Holdings Inc. | New | 0.01% | +0.01 |
| XFRAX BlackRock Fltng RT Inc. Strat | Add +50.1% | 0.04% | +0.01 |
| CRM Salesforce Inc. | Add +2.8% | 0.06% | +0.01 |
| VXF Vanguard Extended Market ETF | New | 0.01% | +0.01 |
| AXP American Express Co. | New | 0.01% | +0.01 |
| BRLT Brilliant Earth Group Inc. Class A | New | 0.01% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +9.9% | 0.06% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.8% | 0.09% | +0.01 |
| WMT Walmart Inc. | Add +2.9% | 0.05% | +0.01 |
| MS Morgan Stanley | Add +20.3% | 0.02% | +0.01 |
| HON Honeywell International Inc. | Add +6.4% | 0.04% | +0.01 |
| ITOT iShares Core S&P Total U.S. | Add +0.9% | 0.11% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +4.8% | 0.03% | +0.01 |
| NOW ServiceNow Inc. | Add +4.2% | 0.03% | +0.01 |
| IWD iShares Russell 1000 Value E | Add +19.9% | 0.03% | +0.01 |
| C Citigroup Inc. | Add +21.4% | 0.02% | +0.00 |
| ORCL Oracle Corp. | Add +4.2% | 0.13% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +23.4% | 0.02% | +0.00 |
| FFIV F5 Inc. | Add +1.6% | 0.03% | +0.00 |
| PANW Palo Alto Networks Inc. | Add +16.8% | 0.02% | +0.00 |
| CSCO Cisco Systems Inc. | Add +1.5% | 0.03% | +0.00 |
| ISRG Intuitive Surgical Inc. | Add +7.6% | 0.03% | +0.00 |
| SCHW Schwab (charles) Corp. | Add +3.2% | 0.02% | +0.00 |
Notes & Other Activity Q3 2024 → Q4 2024
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | IBONDS 27 ETF · principal | New | 1,005,322 | $24.1M |
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | New | 859,368 | $20.7M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 350 | $2.3B | IVV, VTIP, IJH, IEFA, VEA |
| Q1 2026 | 330 | $2.1B | IVV, VTIP, IJH, IEFA, VEA |
| Q4 2025 | 326 | $2.1B | IVV, VTIP, IJH, IEFA, SPY |
| Q3 2025 | 319 | $2.0B | IVV, IJH, VTIP, SPY, IEFA |
| Q2 2025 | 314 | $1.8B | IVV, IJH, VTIP, SPY, SPYG |
| Q1 2025 | 263 | $1.6B | IVV, IJH, VTIP, SPY, SPYV |
| Q4 2024 | 254 | $1.6B | IVV, IJH, SPY, VTIP, AAPL |
| Q3 2024 | 265 | $1.6B | IVV, IJH, SPY, IJR, SPYV |
| Q2 2024 | 249 | $1.5B | IVV, IJH, SPY, VTIP, IJR |
| Q1 2024 | 235 | $1.4B | IVV, IJH, SPY, VTIP, SPYV |