Klingman & Associates, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Klingman & Associates, LLC reported 326 stock positions worth $2.1 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 17.0% of the portfolio, followed by Vanguard Short-Term Tips (VTIP, 5.0%) and iShares Core S&P Midcap ETF (IJH, 4.8%). Compared with Q3 2025, it opened 23 new positions, sold out of 16, added to 146 and reduced 112. The biggest buy was Vanguard Short-Term Tips (VTIP, shares +17%) and the biggest sale Datadog Class A (DDOG, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001662449
- Portfolio Value
- $2.1B (Q4 2025)
- SEC Filing
- 0001172661-26-000376 ↗ filed Jan 29, 2026
Holdings Value
Holdings 326 stocks · $2.1B
| IVV iShares Core S&P 500 ETF | 16.99% | 514,195 | $352.2M | Add +1.3% |
| VTIP Vanguard Short-Term Tips | 4.98% | 2,087,310 | $103.2M | Add +17.3% |
| IJH iShares Core S&P Midcap ETF | 4.82% | 1,512,766 | $99.8M | Add +4.7% |
| IEFA iShares Core MSCI Eafe ETF | 3.92% | 909,227 | $81.3M | Add +8.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.79% | 115,228 | $78.6M | Reduce -2.3% |
| AAPL Apple Inc. | 3.57% | 272,012 | $73.9M | Reduce -0.0% |
| VEA Vanguard Ftse Developed ETF | 3.45% | 1,145,549 | $71.6M | Add +7.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.43% | 666,209 | $71.1M | Reduce -2.7% |
| IJR iShares Core S&P Small-Cap E | 3.29% | 567,432 | $68.2M | Add +2.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 3.28% | 1,195,167 | $67.9M | Add +0.1% |
| VWO Vanguard Ftse Emerging Marke | 2.58% | 995,128 | $53.5M | Add +1.4% |
| IBDU iShares Ibonds Dec 2029 Term | 1.74% | 1,539,005 | $36.0M | Add +8.2% |
| IBDV iShares Ibonds Dec 2030 Corp. | 1.67% | 1,569,753 | $34.6M | Add +9.3% |
| RWL Invesco S&P 500 Revenue ETF | 1.67% | 302,357 | $34.6M | Add +5.9% |
| USMV iShares MSCI USA Min Vol Fac | 1.65% | 363,088 | $34.2M | Reduce -2.0% |
| IBDW iShares Ibonds Dec 2031 Corp. | 1.61% | 1,580,348 | $33.4M | Add +11.3% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.56% | 1,266,855 | $32.2M | Add +9.1% |
| PRF Invesco Rafi US 1000 ETF | 1.54% | 681,565 | $32.0M | Add +0.0% |
| MDYV SS SPDR S&P 400 MC Val ETF | 1.52% | 371,154 | $31.4M | Add +0.1% |
| IEMG iShares Core MSCI Emerging | 1.49% | 460,682 | $31.0M | Add +0.4% |
| MDYG SS SPDR S&P 400 MC GR ETF | 1.45% | 326,092 | $30.1M | Add +0.1% |
| SDY SS SPDR S&P Dividend ETF | 1.29% | 191,865 | $26.7M | Reduce -1.0% |
| SLYV SS SPDR S&P 600 SC Val ETF | 1.24% | 281,798 | $25.6M | Reduce -0.2% |
| MDY State Street SPDR S&P Midcap | 1.22% | 41,828 | $25.2M | Reduce -0.2% |
| CFG Citizens Financial Group | 1.20% | 427,017 | $24.9M | Reduce -4.5% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 1.20% | 1,027,244 | $24.9M | Add +4.0% |
| IBDX iShares Ibonds Dec 2032 TC | 1.09% | 886,734 | $22.6M | Add +31.3% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.93% | 204,649 | $19.3M | Add +0.1% |
| MSFT Microsoft Corp. | 0.83% | 35,757 | $17.3M | Add +0.6% |
| IBDR iShares Ibonds Dec 2026 Term | 0.83% | 712,284 | $17.3M | Reduce -11.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.72% | 44,638 | $15.0M | Reduce -3.1% |
| AMZN Amazon.com Inc. | 0.64% | 57,335 | $13.2M | Add +0.6% |
| NYF iShares New York Muni Bond E | 0.61% | 235,756 | $12.6M | Add +1.1% |
| SCZ iShares MSCI Eafe Small-Cap | 0.59% | 157,675 | $12.2M | Reduce -1.2% |
| NVDA Nvidia Corp. | 0.58% | 64,314 | $12.0M | Add +4.9% |
| DDOG Datadog Inc. Class A | 0.54% | 81,776 | $11.1M | Reduce -29.7% |
| GOOG Alphabet Inc. Class C | 0.46% | 30,611 | $9.6M | Add +0.5% |
| JPM JPMorgan Chase & Co. | 0.44% | 28,403 | $9.2M | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 0.40% | 26,544 | $8.3M | Add +3.0% |
| IWB iShares Russell 1000 ETF | 0.39% | 21,804 | $8.1M | Reduce -1.1% |
| JLL Jones Lang Lasalle Inc. | 0.38% | 23,499 | $7.9M | Add +0.1% |
| IWM iShares Russell 2000 ETF | 0.38% | 31,608 | $7.8M | Reduce -1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.34% | 13,901 | $7.0M | Add +2.2% |
| VOO Vanguard S&P 500 ETF | 0.33% | 11,055 | $6.9M | Reduce -0.5% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.31% | 262,907 | $6.3M | Reduce -3.7% |
| VNQ Vanguard Real Estate ETF | 0.25% | 57,629 | $5.1M | Add +3.9% |
| XOM Exxon Mobil Corp. | 0.23% | 39,513 | $4.8M | Add +1.6% |
| AVGO Broadcom Inc. | 0.22% | 13,154 | $4.6M | Add +4.1% |
| DVY iShares Select Dividend ETF | 0.22% | 32,206 | $4.5M | Reduce -0.2% |
| MA Mastercard Inc. Class A | 0.21% | 7,732 | $4.4M | Add +1.8% |
| META Meta Platforms Inc. Class A | 0.21% | 6,486 | $4.3M | Reduce -0.5% |
| SOXX iShares Semiconductor ETF | 0.20% | 13,969 | $4.2M | No change |
| SPLV Invesco S&P 500 Low Volatili | 0.19% | 55,735 | $4.0M | Reduce -0.2% |
| DFAT Dimensional US Target Value | 0.18% | 64,428 | $3.8M | Add +4.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.18% | 51,657 | $3.8M | Reduce -0.1% |
| JNJ Johnson & Johnson | 0.18% | 17,792 | $3.7M | Add +1.1% |
| TSLA Tesla Inc. | 0.17% | 7,890 | $3.5M | Add +10.1% |
| IWF iShares Russell 1000 Growth | 0.17% | 7,233 | $3.4M | Add +231.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.16% | 6,917 | $3.4M | Add +81.5% |
| DFIV Dimensional International Va | 0.16% | 66,367 | $3.3M | Add +582.7% |
| V Visa Inc. Class A | 0.16% | 9,207 | $3.2M | Add +1.3% |
| ABBV Abbvie Inc. | 0.15% | 13,168 | $3.0M | Add +3.5% |
| EFA iShares MSCI Eafe ETF | 0.14% | 30,542 | $2.9M | Add +0.8% |
| GE General Electric filed as GE AEROSPACE | 0.14% | 9,500 | $2.9M | Add +2.6% |
| COST Costco Wholesale Corp. | 0.14% | 3,318 | $2.9M | Reduce -0.3% |
| ORCL Oracle Corp. | 0.14% | 14,407 | $2.8M | Reduce -0.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.13% | 10,497 | $2.7M | Reduce -1.8% |
| AMAT Applied Materials Inc. | 0.13% | 10,392 | $2.7M | Add +1.3% |
| RSP Invesco S&P 500 Equal Weight | 0.13% | 13,603 | $2.6M | Reduce -0.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.13% | 13,601 | $2.6M | Add +124.6% |
| IWN iShares Russell 2000 Value E | 0.13% | 14,297 | $2.6M | Add +10.5% |
| CROX Crocs Inc. | 0.12% | 29,741 | $2.5M | Add +1.3% |
| IXUS iShares Core Intl Stock ETF | 0.12% | 29,986 | $2.5M | Add +0.1% |
| HDV iShares Core High Dividend E | 0.12% | 20,642 | $2.5M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.12% | 2,303 | $2.5M | Reduce -3.1% |
| JPST JPMorgan Ultra-Short Income | 0.12% | 47,808 | $2.4M | No change |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.12% | 47,429 | $2.4M | Add +37.8% |
| LAMR Lamar Advertising Co. Class A | 0.12% | 18,997 | $2.4M | Add +0.1% |
| OEF iShares S&P 100 ETF | 0.11% | 6,861 | $2.4M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.11% | 14,965 | $2.3M | Add +1.2% |
| HD Home Depot Inc. | 0.11% | 6,518 | $2.2M | Reduce -1.1% |
| PG The Procter & Gamble Co. | 0.11% | 15,438 | $2.2M | Reduce -7.2% |
| C Citigroup Inc. | 0.11% | 18,712 | $2.2M | Reduce -1.6% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.10% | 40,413 | $2.1M | No change |
| MINT PIMCO Enhanced Short Maturit | 0.10% | 20,500 | $2.1M | No change |
| RJF Raymond James Financial Inc. | 0.09% | 12,225 | $2.0M | Add +0.0% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.09% | 22,691 | $2.0M | Reduce -2.0% |
| BX Blackstone Inc. | 0.09% | 12,553 | $1.9M | Reduce -17.0% |
| WMT Walmart Inc. | 0.09% | 16,226 | $1.8M | Reduce -20.6% |
| COMP Compass Inc. Class A | 0.09% | 170,451 | $1.8M | Reduce -1.1% |
| ADP Automatic Data Processing | 0.09% | 6,945 | $1.8M | Reduce -2.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.08% | 2,802 | $1.7M | Reduce -0.7% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.08% | 8,030 | $1.7M | Add +106.6% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.08% | 14,877 | $1.7M | Add +0.5% |
| RWK Invesco S&P Midcap 400 Rev | 0.08% | 12,954 | $1.6M | No change |
| MCD McDonald's Corp. | 0.08% | 5,342 | $1.6M | Add +1.4% |
| GEV GE Vernova Inc. | 0.08% | 2,452 | $1.6M | Add +4.6% |
| ITOT iShares Core S&P Total U.S. | 0.08% | 10,510 | $1.6M | Reduce -9.7% |
| CAT Caterpillar Inc. | 0.07% | 2,714 | $1.6M | Add +2.0% |
| ABT Abbott Laboratories | 0.07% | 12,389 | $1.6M | Add +0.8% |
Portfolio Sells Q3 2025 → Q4 2025
| DDOG Datadog Inc. Class A | Reduce -29.7% | 0.54% | −0.30 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -2.7% | 3.43% | −0.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.3% | 3.79% | −0.17 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -11.3% | 0.83% | −0.15 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -2.0% | 1.65% | −0.13 |
| SDY SS SPDR S&P Dividend ETF | Reduce -1.0% | 1.29% | −0.08 |
| ORCL Oracle Corp. | Reduce -0.8% | 0.14% | −0.07 |
| DE Deere & Co. | Reduce -39.5% | 0.07% | −0.05 |
| MDY State Street SPDR S&P Midcap | Reduce -0.2% | 1.22% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.1% | 0.72% | −0.04 |
| PJT PJT Partners Inc. Class A | Reduce -35.0% | 0.06% | −0.04 |
| BX Blackstone Inc. | Reduce -17.0% | 0.09% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -0.5% | 0.21% | −0.03 |
| PSX Phillips 66 | Reduce -67.4% | 0.01% | −0.03 |
| TDTT NT Iboxx 3Y Dur Tips ETF | Reduce -3.7% | 0.31% | −0.03 |
| NFLX Netflix Inc. | Reduce -6.1% | 0.07% | −0.03 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -1.2% | 0.59% | −0.03 |
| HD Home Depot Inc. | Reduce -1.1% | 0.11% | −0.03 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -0.2% | 1.24% | −0.03 |
| CPNG Coupang Inc. | Reduce -2.2% | 0.05% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -7.2% | 0.11% | −0.02 |
| WTPI Wisdomtree Equity Premium Inc. | Sold out | 0.00% | −0.02 |
| ADP Automatic Data Processing | Reduce -2.4% | 0.09% | −0.02 |
| WMT Walmart Inc. | Reduce -20.6% | 0.09% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -0.3% | 0.14% | −0.02 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -1.3% | 0.38% | −0.02 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -0.2% | 0.19% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -1.1% | 0.39% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -16.5% | 0.06% | −0.01 |
| RACE Ferrari NV | Sold out | 0.00% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -0.7% | 0.44% | −0.01 |
| ACWV iShares MSCI Global Min Vol | Sold out | 0.00% | −0.01 |
| PRI Primerica Inc. | Sold out | 0.00% | −0.01 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.01 |
| DVY iShares Select Dividend ETF | Reduce -0.2% | 0.22% | −0.01 |
| BLK BlackRock Inc. | Reduce -8.2% | 0.05% | −0.01 |
| BRBR Bellring Brands Inc. | Sold out | 0.00% | −0.01 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.01 |
| SE Sea Ltd.-ADR | Reduce -22.6% | 0.01% | −0.01 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.01 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.01 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -30.3% | 0.02% | −0.01 |
| AOA iShares Core 80/20 Aggressiv | Reduce -30.9% | 0.02% | −0.01 |
| NEU Newmarket Corp. | Sold out | 0.00% | −0.01 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.01 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.01 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -9.7% | 0.08% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| VTIP Vanguard Short-Term Tips | Add +17.3% | 4.98% | +0.43 |
| IEFA iShares Core MSCI Eafe ETF | Add +8.4% | 3.92% | +0.23 |
| IBDX iShares Ibonds Dec 2032 TC | Add +31.3% | 1.09% | +0.22 |
| VEA Vanguard Ftse Developed ETF | Add +7.0% | 3.45% | +0.21 |
| DFIV Dimensional International Va | Add +582.7% | 0.16% | +0.14 |
| IWF iShares Russell 1000 Growth | Add +231.6% | 0.17% | +0.11 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +11.3% | 1.61% | +0.09 |
| GOOG Alphabet Inc. Class C | Add +0.5% | 0.46% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +3.0% | 0.40% | +0.08 |
| RWL Invesco S&P 500 Revenue ETF | Add +5.9% | 1.67% | +0.08 |
| DFUV Dimensional US Marketwide Va | New | 0.07% | +0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +81.5% | 0.16% | +0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +124.6% | 0.13% | +0.07 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +9.3% | 1.67% | +0.07 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +9.1% | 1.56% | +0.06 |
| IJH iShares Core S&P Midcap ETF | Add +4.7% | 4.82% | +0.06 |
| IBDU iShares Ibonds Dec 2029 Term | Add +8.2% | 1.74% | +0.05 |
| SCHC Schwab Intl Small-Cap Equity | New | 0.05% | +0.05 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +106.6% | 0.08% | +0.04 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.04% | +0.04 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +146.2% | 0.07% | +0.04 |
| JLL Jones Lang Lasalle Inc. | Add +0.1% | 0.38% | +0.03 |
| JMST JPM Ultra-Short Muni Income | Add +37.8% | 0.12% | +0.03 |
| PEG Public Service Enterprise GP | New | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | Add +1.3% | 0.13% | +0.02 |
| AKRE Akre Focus ETF | New | 0.01% | +0.01 |
| REGN Regeneron Pharmaceuticals | New | 0.01% | +0.01 |
| MU Micron Technology Inc. | Add +14.0% | 0.03% | +0.01 |
| JNJ Johnson & Johnson | Add +1.1% | 0.18% | +0.01 |
| FDX FedEx Corp. | New | 0.01% | +0.01 |
| JFLX JPMorgan Flexible Debt ETF | Add +30.5% | 0.06% | +0.01 |
| AMD Advanced Micro Devices | Add +11.5% | 0.04% | +0.01 |
| HSBC HSBC Holdings PLC-Spons ADR | New | 0.01% | +0.01 |
| CAT Caterpillar Inc. | Add +2.0% | 0.07% | +0.01 |
| APP AppLovin Corp. Class A | New | 0.01% | +0.01 |
| SPGI S&P Global Inc. | New | 0.01% | +0.01 |
| VNQI Vanguard GLBL Ex-US Real Est | New | 0.01% | +0.01 |
| WMB Williams Cos Inc. | New | 0.01% | +0.01 |
| CEG Constellation Energy | New | 0.01% | +0.01 |
| TSLA Tesla Inc. | Add +10.1% | 0.17% | +0.01 |
| APH Amphenol Corp. Class A | New | 0.01% | +0.01 |
| MCK McKesson Corp. | New | 0.01% | +0.01 |
| MRK Merck & Co. Inc. | Add +3.1% | 0.05% | +0.01 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.01% | +0.01 |
| IDXX Idexx Laboratories Inc. | New | 0.01% | +0.01 |
| BMY Bristol-Myers Squibb Co. | New | 0.01% | +0.01 |
| JCI Johnson Controls Internation | New | 0.01% | +0.01 |
| TSN Tyson Foods Inc. Class A | New | 0.01% | +0.01 |
| TEL Te Connectivity PLC | New | 0.01% | +0.01 |
| IWN iShares Russell 2000 Value E | Add +10.5% | 0.13% | +0.01 |
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 |