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Portfolio (Quarterly) Guide ↗

Lumbard & Kellner, LLC

· CIK 0001602476
13F Portfolio $286M AUM Filed Feb 3, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 100 New
Page 4 of 5  ·  100 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 PHYS SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR Financial Services 23,831.0 $787K 0.28% NEW $33.02 +3.3%
62 BBCA JPMORGAN BETABUILDERS CANADA ETF 8,325.0 $774K 0.27% NEW $93.00 +8.1%
63 SPDW SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF 17,381.0 $772K 0.27% NEW $44.41 +13.1%
64 KRE STATE STREET SPDR S&P REGIONAL BANKING ETF 11,897.0 $771K 0.27% NEW $64.81 +7.0%
65 ORCL ORACLE CORP COM Technology 3,828.0 $746K 0.26% NEW $194.91 -1.5%
66 XLK STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF 5,140.0 $740K 0.26% NEW $143.97 +25.3%
67 IVV ISHARES CORE S&P 500 ETF 1,020.0 $699K 0.24% NEW $684.94 +9.4%
68 UNH UNITEDHEALTH GROUP INC COM Healthcare 2,108.0 $696K 0.24% NEW $330.11 +17.7%
69 RTX RTX CORPORATION COM Industrials 3,734.0 $685K 0.24% NEW $183.40 -3.5%
70 HON HONEYWELL INTL INC COM Industrials 3,368.0 $657K 0.23% NEW $195.09 +16.8%
71 UTI UNIVERSAL TECHNICAL INST INC COM Consumer Defensive 24,221.0 $633K 0.22% NEW $26.13 +53.3%
72 GE GE AEROSPACE COM NEW Industrials 1,983.0 $611K 0.21% NEW $308.03 -1.7%
73 ADBE ADOBE INC COM Technology 1,627.0 $569K 0.20% NEW $349.99 -30.1%
74 XLU STATE STREET UTILITIES SELECT SECTOR SPDR ETF 13,034.0 $556K 0.20% NEW $42.69 +6.2%
75 MRK MERCK & CO INC COM Healthcare 4,671.0 $492K 0.17% NEW $105.26 +16.3%
76 XLE STATE STREET ENERGY SELECT SECTOR SPDR ETF 10,858.0 $485K 0.17% NEW $44.71 +33.1%
77 FE FIRSTENERGY CORP COM Utilities 9,485.0 $425K 0.15% NEW $44.77 +3.4%
78 INTC INTEL CORP COM Technology 10,615.0 $392K 0.14% NEW $36.90 +224.8%
79 PEP PEPSICO INC COM Consumer Defensive 2,640.0 $379K 0.13% NEW $143.52 +4.9%
80 GEV GE VERNOVA INC COM Utilities 517.0 $338K 0.12% NEW $653.57 +58.9%
Page 4 of 5  ·  100 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 19.6%
Industrials 19.0%
Financial Services 15.4%
Energy 14.1%
Basic Materials 12.6%
Communication Services 8.4%
Healthcare 4.7%
Consumer Cyclical 3.7%
Real Estate 1.1%
Utilities 0.7%