Lumbard & Kellner, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), Lumbard & Kellner, LLC reported 74 stock positions worth $211.8 million. Its top holding was Oracle (ORCL) at 4.5% of the portfolio, followed by Alphabet Class C (GOOG, 4.0%) and Vanguard Int High DVD YLD (VYMI, 3.8%). Compared with Q1 2024, it opened 10 new positions, sold out of 6, added to 10 and reduced 32. The biggest buy was a new position in Oracle (ORCL) and the biggest sale Prudential Financial (PRU, shares −58%).
- Most Recent 13F
- Q2 2026
- Location
- HOLLIS, NH
- CIK
- 0001602476
- Portfolio Value
- $211.8M (Q2 2024)
- SEC Filing
- 0001602476-24-000003 ↗ filed Aug 9, 2024
Holdings Value
Holdings 74 stocks · $211.8M
| ORCL Oracle Corp. | 4.50% | 67,453 | $9.5M | New |
| GOOG Alphabet Inc. Class C | 3.96% | 45,699 | $8.4M | Reduce -1.1% |
| VYMI Vanguard Int High DVD YLD Inc. | 3.83% | 118,356 | $8.1M | Reduce -0.3% |
| GS Goldman Sachs Group Inc. | 3.83% | 17,930 | $8.1M | Reduce -1.3% |
| MET Metlife Inc. | 3.82% | 115,308 | $8.1M | Reduce -1.3% |
| KMI Kinder Morgan Inc. | 3.55% | 378,191 | $7.5M | Reduce -1.3% |
| RSP Invesco S&P 500 Equal Weight | 3.36% | 43,260 | $7.1M | Reduce -0.9% |
| LMT Lockheed Martin Corp. | 3.11% | 14,077 | $6.6M | Reduce -1.6% |
| PBR Petroleo Brasileiro-Spon ADR | 2.95% | 430,542 | $6.2M | Reduce -0.9% |
| VAL Valaris Ltd. | 2.72% | 77,268 | $5.8M | Reduce -0.7% |
| CNYA iShares MSCI China A ETF | 2.66% | 222,216 | $5.6M | Reduce -0.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.63% | 60,619 | $5.6M | Reduce -2.7% |
| NOC Northrop Grumman Corp. | 2.58% | 12,556 | $5.5M | Reduce -0.8% |
| SO The Southern Co. | 2.42% | 65,983 | $5.1M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 2.36% | 105,076 | $5.0M | Add +1.0% |
| NFE New Fortress Energy Inc. | 2.33% | 224,820 | $4.9M | Add +31.3% |
| XBI SS SPDR S&P Biotech ETF | 2.27% | 51,912 | $4.8M | Reduce -0.3% |
| GPRE Green Plains Inc. | 2.21% | 295,400 | $4.7M | New |
| FLKR Franklin Ftse South Korea | 2.15% | 208,575 | $4.6M | Add +1.4% |
| FLBR Franklin Ftse Brazil ETF | 2.11% | 269,105 | $4.5M | Reduce -0.3% |
| VTI VG Morningstar TS MKT ETF-US | 2.02% | 15,965 | $4.3M | Reduce -1.3% |
| MSFT Microsoft Corp. | 2.00% | 9,452 | $4.2M | Reduce -2.4% |
| EIDO iShares MSCI Indonesia ETF | 1.83% | 201,292 | $3.9M | Reduce -2.4% |
| WWW Wolverine World Wide Inc. | 1.82% | 284,321 | $3.8M | Reduce -0.7% |
| HBM Hudbay Minerals Inc. | 1.71% | 399,835 | $3.6M | Reduce -37.5% |
| SDRL Seadrill Limited | 1.56% | 64,261 | $3.3M | Reduce -1.0% |
| AAPL Apple Inc. | 1.52% | 15,235 | $3.2M | Add +13.8% |
| PRU Prudential Financial Inc. | 1.51% | 27,272 | $3.2M | Reduce -57.5% |
| PFE Pfizer Inc. | 1.50% | 113,901 | $3.2M | Add +8.0% |
| DV Doubleverify Holdings Inc. | 1.50% | 163,569 | $3.2M | New |
| CIEN Ciena Corp. | 1.50% | 65,799 | $3.2M | Add +0.9% |
| UAA Under Armour Inc. Class A | 1.45% | 461,791 | $3.1M | Add +0.4% |
| BE Bloom Energy Corp. Class A | 1.43% | 246,663 | $3.0M | New |
| LLY Eli Lilly & Co. | 1.40% | 3,280 | $3.0M | Reduce -14.5% |
| VEU Vanguard Ftse All-World Ex-U | 1.37% | 49,541 | $2.9M | Add +4.8% |
| FRDM Freedom 100 Emeging MRKT ETF | 1.34% | 80,446 | $2.8M | Reduce -0.7% |
| OI O-I Glass Inc. | 1.19% | 225,624 | $2.5M | Reduce -2.1% |
| FE Firstenergy Corp. | 1.19% | 65,580 | $2.5M | Reduce -0.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.16% | 4 | $2.4M | No change |
| PLUS Eplus Inc. | 1.10% | 31,589 | $2.3M | Add +0.9% |
| STNG Scorpio Tankers Inc. | 1.09% | 28,520 | $2.3M | No change |
| PPL PPL Corp. | 1.09% | 83,669 | $2.3M | Reduce -0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.75% | 2,932 | $1.6M | No change |
| AMAT Applied Materials Inc. | 0.66% | 5,900 | $1.4M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.60% | 3,135 | $1.3M | Reduce -1.3% |
| UNH Unitedhealth Group Inc. | 0.48% | 2,000 | $1.0M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.48% | 2,115 | $1.0M | No change |
| XOM Exxon Mobil Corp. | 0.46% | 8,494 | $978K | No change |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.37% | 22,248 | $780K | Reduce -3.2% |
| CMCSA Comcast Corp. Class A | 0.36% | 19,260 | $754K | Reduce -0.4% |
| VT Vanguard Tot World STK ETF | 0.33% | 6,295 | $709K | No change |
| HON Honeywell International Inc. | 0.33% | 3,304 | $706K | No change |
| JOE The St Joe Co. | 0.28% | 10,906 | $597K | Add +3.6% |
| MRK Merck & Co. Inc. | 0.27% | 4,671 | $578K | No change |
| WELL Welltower Inc. | 0.27% | 5,496 | $573K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.27% | 3,565 | $572K | No change |
| FDX FedEx Corp. | 0.22% | 1,533 | $460K | No change |
| IVV iShares Core S&P 500 ETF | 0.21% | 812 | $444K | Reduce -3.6% |
| PEP Pepsico Inc. | 0.21% | 2,640 | $435K | No change |
| PG The Procter & Gamble Co. | 0.20% | 2,504 | $413K | New |
| XLK SS Technology Select Sector | 0.18% | 1,669 | $378K | New |
| RTX RTX Corp. | 0.17% | 3,645 | $366K | No change |
| DXJ Wisdomtree Japan Hedged Eq | 0.17% | 3,206 | $362K | No change |
| GE General Electric filed as GE AEROSPACE | 0.16% | 2,085 | $331K | No change |
| AMZN Amazon.com Inc. | 0.11% | 1,235 | $239K | New |
| NI Nisource Inc. | 0.11% | 8,000 | $230K | No change |
| GM General Motors Co. | 0.11% | 4,950 | $230K | New |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.11% | 3,382 | $224K | Reduce -8.4% |
| FCX Freeport-McMoran Inc. | 0.10% | 4,563 | $222K | No change |
| JNJ Johnson & Johnson | 0.10% | 1,440 | $210K | No change |
| WM Waste Management Inc. | 0.10% | 950 | $203K | No change |
| AXP American Express Co. | 0.10% | 870 | $201K | New |
| KEY Keycorp | 0.09% | 13,760 | $196K | No change |
| ALTM Arcadium Lithium PLC | 0.03% | 20,327 | $68K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| PRU Prudential Financial Inc. | Reduce -57.5% | 1.51% | −2.16 |
| TSN Tyson Foods Inc. Class A | Sold out | 0.00% | −1.92 |
| BHF Brighthouse Financial Inc. | Sold out | 0.00% | −1.33 |
| GLW Corning Inc. | Sold out | 0.00% | −0.79 |
| M D C HLDGS INC | Sold out | 0.00% | −0.68 |
| OI O-I Glass Inc. | Reduce -2.1% | 1.19% | −0.67 |
| HBM Hudbay Minerals Inc. | Reduce -37.5% | 1.71% | −0.47 |
| FLBR Franklin Ftse Brazil ETF | Reduce -0.3% | 2.11% | −0.46 |
| EIDO iShares MSCI Indonesia ETF | Reduce -2.4% | 1.83% | −0.43 |
| MET Metlife Inc. | Reduce -1.3% | 3.82% | −0.39 |
| NOC Northrop Grumman Corp. | Reduce -0.8% | 2.58% | −0.36 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -0.9% | 2.95% | −0.27 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.9% | 3.36% | −0.24 |
| CNYA iShares MSCI China A ETF | Reduce -0.8% | 2.66% | −0.17 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -2.7% | 2.63% | −0.15 |
| CWH Camping World Holdings Inc. Class A | Sold out | 0.00% | −0.15 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -0.3% | 3.83% | −0.15 |
| VAL Valaris Ltd. | Reduce -0.7% | 2.72% | −0.13 |
| XBI SS SPDR S&P Biotech ETF | Reduce -0.3% | 2.27% | −0.13 |
| MDY State Street SPDR S&P Midcap | Sold out | 0.00% | −0.10 |
| LMT Lockheed Martin Corp. | Reduce -1.6% | 3.11% | −0.06 |
| FE Firstenergy Corp. | Reduce -0.7% | 1.19% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -0.4% | 0.36% | −0.05 |
| LLY Eli Lilly & Co. | Reduce -14.5% | 1.40% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.3% | 0.60% | −0.05 |
| PPL PPL Corp. | Reduce -0.7% | 1.09% | −0.04 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -3.2% | 0.37% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.3% | 2.02% | −0.03 |
| SDRL Seadrill Limited | Reduce -1.0% | 1.56% | −0.03 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -8.4% | 0.11% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -3.6% | 0.21% | −0.01 |
| FRDM Freedom 100 Emeging MRKT ETF | Reduce -0.7% | 1.34% | +0.01 |
| MSFT Microsoft Corp. | Reduce -2.4% | 2.00% | +0.01 |
| SO The Southern Co. | Reduce -0.6% | 2.42% | +0.10 |
| KMI Kinder Morgan Inc. | Reduce -1.3% | 3.55% | +0.13 |
| GS Goldman Sachs Group Inc. | Reduce -1.3% | 3.83% | +0.14 |
| WWW Wolverine World Wide Inc. | Reduce -0.7% | 1.82% | +0.25 |
| GOOG Alphabet Inc. Class C | Reduce -1.1% | 3.96% | +0.53 |
Portfolio Buys Q1 2024 → Q2 2024
| ORCL Oracle Corp. | New | 4.50% | +4.50 |
| GPRE Green Plains Inc. | New | 2.21% | +2.21 |
| DV Doubleverify Holdings Inc. | New | 1.50% | +1.50 |
| BE Bloom Energy Corp. Class A | New | 1.43% | +1.43 |
| UNH Unitedhealth Group Inc. | New | 0.48% | +0.48 |
| AAPL Apple Inc. | Add +13.8% | 1.52% | +0.40 |
| PG The Procter & Gamble Co. | New | 0.20% | +0.20 |
| XLK SS Technology Select Sector | New | 0.18% | +0.18 |
| AMZN Amazon.com Inc. | New | 0.11% | +0.11 |
| GM General Motors Co. | New | 0.11% | +0.11 |
| AXP American Express Co. | New | 0.10% | +0.10 |
| PFE Pfizer Inc. | Add +8.0% | 1.50% | +0.08 |
| VEU Vanguard Ftse All-World Ex-U | Add +4.8% | 1.37% | +0.02 |
| JOE The St Joe Co. | Add +3.6% | 0.28% | −0.01 |
| CIEN Ciena Corp. | Add +0.9% | 1.50% | −0.07 |
| PLUS Eplus Inc. | Add +0.9% | 1.10% | −0.10 |
| CSCO Cisco Systems Inc. | Add +1.0% | 2.36% | −0.17 |
| FLKR Franklin Ftse South Korea | Add +1.4% | 2.15% | −0.18 |
| UAA Under Armour Inc. Class A | Add +0.4% | 1.45% | −0.20 |
| NFE New Fortress Energy Inc. | Add +31.3% | 2.33% | −0.22 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 108 | $329.9M | GOOG, MTRN, HBM, GS, SPMD |
| Q1 2026 | 99 | $288.6M | PBR, GOOG, BIL, HBM, SPMD |
| Q4 2025 | 100 | $285.5M | GOOG, BIL, GS, HBM, SPMD |
| Q3 2025 | 97 | $271.9M | BIL, GOOG, SPMD, GS, KTOS |
| Q2 2025 | 88 | $229.4M | BIL, SPMD, VYMI, GS, MET |
| Q1 2025 | 82 | $226.8M | ORCL, SPMD, MET, VYMI, RSP |
| Q4 2024 | 79 | $232.7M | ALTM, ORCL, MET, GOOG, VYMI |
| Q3 2024 | 79 | $227.0M | ORCL, MET, VYMI, KMI, LMT |
| Q2 2024 | 74 | $211.8M | ORCL, GOOG, VYMI, GS, MET |
| Q1 2024 | 70 | $205.5M | MET, VYMI, GS, PRU, RSP |