Lumbard & Kellner, LLC Q4 2025 Filing

Filed February 3, 2026

Portfolio Value

$285.5M

Holdings

100

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (100 positions)

#StockSharesValue% PortfolioType
1
GOOGALPHABET INC CAP STK CL C
48,276$15.1M5.31%
2
BILSTATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF
153,870$14.1M4.92%
3
GSGOLDMAN SACHS GROUP INC COM
11,910$10.5M3.67%
4
HBMHUDBAY MINERALS INC COM
519,436$10.3M3.61%
5
SPMDSTATE STREET SPDR PORTFOLIO S&P 400 MID CAP ETF
170,262$9.9M3.45%
6
RSPINVESCO S&P 500 EQUAL WEIGHT ETF
50,749$9.7M3.40%
7
FSLRFIRST SOLAR INC COM
36,236$9.5M3.31%
8
METMETLIFE INC COM
106,660$8.4M2.95%
9
PBRPETROLEO BRASILEIRO SA PETROBR SPONSORED ADR
707,365$8.4M2.94%
10
CSCOCISCO SYS INC COM
105,870$8.2M2.86%
11
KTOSKRATOS DEFENSE & SEC SOLUTIONS COM NEW
104,513$7.9M2.78%
12
FRDMFREEDOM 100 EMERGING MARKETS ETF
152,982$7.8M2.75%
13
VYMIVANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF
79,084$7.1M2.49%
14
KMIKINDER MORGAN INC DEL COM
245,298$6.7M2.36%
15
AMZNAMAZON COM INC COM
28,207$6.5M2.28%
16
ENSENERSYS COM
44,132$6.5M2.27%
17
MTRNMATERION CORP COM
51,535$6.4M2.24%
18
LMTLOCKHEED MARTIN CORP COM
10,792$5.2M1.83%
19
PRIMPRIMORIS SVCS CORP COM
41,322$5.1M1.80%
20
MSFTMICROSOFT CORP COM
10,451$5.1M1.77%
21
NOCNORTHROP GRUMMAN CORP COM
8,813$5.0M1.76%
22
FLBRFRANKLIN FTSE BRAZIL ETF
258,770$4.9M1.73%
23
AMDADVANCED MICRO DEVICES INC COM
22,578$4.8M1.69%
24
G3VGREEN PLAINS INC COM
458,930$4.5M1.57%
25
JBLJABIL INC COM
19,228$4.4M1.54%
26
HROWHARROW INC COM
88,312$4.3M1.52%
27
FLINFRANKLIN FTSE INDIA ETF
100,969$3.9M1.36%
28
SNOWSNOWFLAKE INC COM SHS
17,288$3.8M1.33%
29
BRK-BBERKSHIRE HATHAWAY INC DEL CL A
5$3.8M1.32%
30
EIDOISHARES MSCI INDONESIA ETF
200,651$3.8M1.31%
31
VTIVANGUARD TOTAL STOCK MARKET ETF
11,020$3.7M1.29%
32
PATHUIPATH INC CL A
224,337$3.7M1.29%
33
QABAFIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND
57,243$3.2M1.14%
34
AAPLAPPLE INC COM
11,409$3.1M1.09%
35
FLKRFRANKLIN FTSE SOUTH KOREA ETF
96,548$3.1M1.08%
36
VEUVANGUARD FTSE ALL-WORLD EX-US INDEX FUND
41,659$3.1M1.07%
37
ETONETON PHARMACEUTICALS INC COM
174,944$3.0M1.04%
38
PRUPRUDENTIAL FINL INC COM
25,674$2.9M1.01%
39
LLYELI LILLY & CO COM
2,520$2.7M0.95%
40
ASIXADVANSIX INC COM
145,128$2.5M0.88%
41
CLIPGLOBAL X 1-3 MONTH T-BILL ETF
23,060$2.3M0.81%
42
BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEW
4,151$2.1M0.73%
43
AMSCAMERICAN SUPERCONDUCTOR CORP SHS NEW
71,161$2.0M0.72%
44
SPYSPDR S&P 500 ETF TRUST
2,932$2.0M0.70%
45
BEBLOOM ENERGY CORP COM CL A
17,679$1.5M0.54%
46
AMATAPPLIED MATLS INC COM
5,350$1.4M0.48%
47
JPMJPMORGAN CHASE & CO. COM
4,234$1.4M0.48%
48
SPTMSTATE STREET SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF
14,330$1.2M0.41%
49
NDQINVESCO QQQ TRUST SERIES I
1,865$1.1M0.40%
50
GQ9SPDR GOLD SHARES
2,889$1.1M0.40%
51
JOEST JOE CO COM
18,091$1.1M0.38%
52
WELLWELLTOWER INC COM
5,496$1.0M0.36%
53
STNGSCORPIO TANKERS INC SHS
19,020$966K0.34%
54
XOMEXXON MOBIL CORP COM
7,826$941K0.33%
55
VTVVANGUARD VALUE ETF
4,893$934K0.33%
56
GDXVANECK GOLD MINERS ETF
10,684$916K0.32%
57
SCHOSCHWAB SHORT-TERM US TREASURY ETF
34,964$852K0.30%
58
SGOVISHARES 0-3 MONTH TREASURY BOND ETF
8,420$845K0.30%
59
VTVANGUARD TOTAL WORLD STOCK ETF
5,914$834K0.29%
60
EWWISHARES MSCI MEXICO ETF
11,429$792K0.28%
61
PHYS/USPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR
23,831$786K0.28%
62
BBCAJPMORGAN BETABUILDERS CANADA ETF
8,325$774K0.27%
63
SPDWSPDR PORTFOLIO DEVELOPED WORLD EX-US ETF
17,381$771K0.27%
64
LVLNSTATE STREET SPDR S&P REGIONAL BANKING ETF
11,897$771K0.27%
65
ORCLORACLE CORP COM
3,828$746K0.26%
66
XLKSTATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF
5,140$740K0.26%
67
IVVISHARES CORE S&P 500 ETF
1,020$698K0.24%
68
UNHUNITEDHEALTH GROUP INC COM
2,108$695K0.24%
69
RTXRTX CORPORATION COM
3,734$684K0.24%
70
HONHONEYWELL INTL INC COM
3,368$657K0.23%
71
UTIUNIVERSAL TECHNICAL INST INC COM
24,221$632K0.22%
72
GEGE AEROSPACE COM NEW
1,983$610K0.21%
73
ADBEADOBE INC COM
1,627$569K0.20%
74
XLUSTATE STREET UTILITIES SELECT SECTOR SPDR ETF
13,034$556K0.19%
75
MRKMERCK & CO INC COM
4,671$491K0.17%
76
XLESTATE STREET ENERGY SELECT SECTOR SPDR ETF
10,858$485K0.17%
77
FEFIRSTENERGY CORP COM
9,485$424K0.15%
78
INTCINTEL CORP COM
10,615$391K0.14%
79
PEPPEPSICO INC COM
2,640$378K0.13%
80
GEVGE VERNOVA INC COM
517$337K0.12%
81
NINISOURCE INC COM
8,000$334K0.12%
82
CMCSACOMCAST CORP NEW CL A
10,913$326K0.11%
83
AXPAMERICAN EXPRESS CO COM
870$321K0.11%
84
METAMETA PLATFORMS INC CL A
468$308K0.11%
85
4I1PHILIP MORRIS INTL INC COM
1,900$304K0.11%
86
JNJJOHNSON & JOHNSON COM
1,440$298K0.10%
87
VUGVANGUARD GROWTH ETF
600$292K0.10%
88
CIENCIENA CORP COM NEW
1,245$291K0.10%
89
SPTSSTATE STREET SPDR PORTFOLIO SHORT TERM TREASURY ETF
9,900$289K0.10%
90
HDHOME DEPOT INC COM
838$288K0.10%
91
TSMTAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS
941$285K0.10%
92
IBMINTERNATIONAL BUSINESS MACHS COM
950$281K0.10%
93
NEENEXTERA ENERGY INC COM
3,052$245K0.09%
94
GILDGILEAD SCIENCES INC COM
1,960$240K0.08%
95
KEYKEYCORP COM
11,500$237K0.08%
96
MDYSPDR S&P MIDCAP 400 ETF TRUST
360$217K0.08%
97
GMGENERAL MTRS CO COM
2,650$215K0.08%
98
DOVDOVER CORP COM
1,085$211K0.07%
99
WMWASTE MGMT INC DEL COM
950$208K0.07%
100
PYPDPOLYPID LTD COM
38,200$165K0.06%