13F HOLDINGS REPORT
Lumbard & Kellner, LLC
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001602476-25-000004
Total Value
$229.4M
Positions
89
Other Managers
0
Confidential Omitted
No
Holdings (88)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | 78468R663 | 120,386 | $11.0M | 4.81% |
| 2 | SPDR PORTFOLIO S&P 400 MID CAP ETF | 78464A847 | 179,723 | $9.8M | 4.26% |
| 3 | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF | 921946794 | 113,545 | $9.1M | 3.96% |
| 4 | GOLDMAN SACHS GROUP INC COM | GSCE | 12,286 | $8.7M | 3.79% |
| 5 | METLIFE INC COM | MET-PF | 107,380 | $8.6M | 3.76% |
| 6 | ALPHABET INC CAP STK CL C | GOOG | 46,452 | $8.2M | 3.59% |
| 7 | CISCO SYS INC COM | CSCO | 102,648 | $7.1M | 3.10% |
| 8 | KINDER MORGAN INC DEL COM | EP-PC | 238,871 | $7.0M | 3.06% |
| 9 | ORACLE CORP COM | ORCL-PD | 31,565 | $6.9M | 3.01% |
| 10 | PETROLEO BRASILEIRO SA PETROBR SPONSORED ADR | 71654V408 | 507,838 | $6.4M | 2.77% |
| 11 | FREEDOM 100 EMERGING MARKETS ETF | 02072L607 | 154,307 | $6.2M | 2.72% |
| 12 | AMAZON COM INC COM | AMZN | 28,371 | $6.2M | 2.71% |
| 13 | HUDBAY MINERALS INC COM | HBM | 533,182 | $5.7M | 2.47% |
| 14 | INVESCO S&P 500 EQUAL WEIGHT ETF | IVZ | 29,088 | $5.3M | 2.30% |
| 15 | BLOOM ENERGY CORP COM CL A | BE | 210,752 | $5.0M | 2.20% |
| 16 | MICROSOFT CORP COM | MSFT | 10,095 | $5.0M | 2.19% |
| 17 | KRATOS DEFENSE & SEC SOLUTIONS COM NEW | 50077B207 | 105,824 | $4.9M | 2.14% |
| 18 | FRANKLIN FTSE BRAZIL ETF | FGDL | 262,689 | $4.7M | 2.06% |
| 19 | ADVANCED MICRO DEVICES INC COM | AMD | 32,306 | $4.6M | 2.00% |
| 20 | LOCKHEED MARTIN CORP COM | LMT | 9,872 | $4.6M | 1.99% |
| 21 | SPDR S&P BIOTECH ETF | 78464A870 | 55,089 | $4.6M | 1.99% |
| 22 | NORTHROP GRUMMAN CORP COM | NOC | 8,870 | $4.4M | 1.93% |
| 23 | JABIL INC COM | JBL | 19,426 | $4.2M | 1.85% |
| 24 | FIRST SOLAR INC COM | FSLR | 25,214 | $4.2M | 1.82% |
| 25 | MATERION CORP COM | MTRN | 52,290 | $4.2M | 1.81% |
| 26 | SNOWFLAKE INC CL A | SNOW | 17,440 | $3.9M | 1.70% |
| 27 | ENERSYS COM | ENS | 44,381 | $3.8M | 1.66% |
| 28 | BERKSHIRE HATHAWAY INC DEL CL A | BRK-A | 5 | $3.6M | 1.59% |
| 29 | ISHARES MSCI INDONESIA ETF | 46429B309 | 199,152 | $3.5M | 1.53% |
| 30 | VANGUARD TOTAL STOCK MARKET ETF | 922908769 | 11,020 | $3.3M | 1.46% |
| 31 | PRIMORIS SVCS CORP COM | 74164F103 | 41,148 | $3.2M | 1.40% |
| 32 | FIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND | 33736Q104 | 57,755 | $3.1M | 1.36% |
| 33 | GREEN PLAINS INC COM | GPRE | 470,168 | $2.8M | 1.24% |
| 34 | PRUDENTIAL FINL INC COM | PUKPF | 25,996 | $2.8M | 1.22% |
| 35 | AMERICAN SUPERCONDUCTOR CORP SHS NEW | AMSC | 72,439 | $2.7M | 1.16% |
| 36 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND | 922042775 | 38,376 | $2.6M | 1.12% |
| 37 | GLOBAL X 1-3 MONTH T-BILL ETF | 37960A438 | 25,257 | $2.5M | 1.11% |
| 38 | FIVE9 INC COM | FIVN | 92,667 | $2.5M | 1.07% |
| 39 | APPLE INC COM | AAPL | 10,653 | $2.2M | 0.95% |
| 40 | ELI LILLY & CO COM | LLY | 2,520 | $2.0M | 0.86% |
| 41 | SPDR S&P 500 ETF TRUST | SPY | 2,932 | $1.8M | 0.79% |
| 42 | EPLUS INC COM | PLUS | 24,970 | $1.8M | 0.78% |
| 43 | BERKSHIRE HATHAWAY INC DEL CL B NEW | BRK-A | 3,041 | $1.5M | 0.64% |
| 44 | JPMORGAN CHASE & CO. COM | VYLD | 4,184 | $1.2M | 0.53% |
| 45 | SCHWAB SHORT-TERM US TREASURY ETF | 808524862 | 46,622 | $1.1M | 0.50% |
| 46 | ISHARES 0-3 MONTH TREASURY BOND ETF | 46436E718 | 10,416 | $1.0M | 0.46% |
| 47 | INVESCO QQQ TRUST SERIES I | IVZ | 1,865 | $1.0M | 0.45% |
| 48 | APPLIED MATLS INC COM | 038222105 | 5,400 | $988,578 | 0.43% |
| 49 | EXXON MOBIL CORP COM | XOM | 8,813 | $950,041 | 0.41% |
| 50 | VANGUARD VALUE ETF | 922908744 | 4,893 | $864,789 | 0.38% |
| 51 | WELLTOWER INC COM | WELL | 5,496 | $844,900 | 0.37% |
| 52 | HONEYWELL INTL INC COM | 438516106 | 3,368 | $784,340 | 0.34% |
| 53 | VANGUARD TOTAL WORLD STOCK ETF | 922042742 | 5,914 | $760,067 | 0.33% |
| 54 | SCORPIO TANKERS INC SHS | STNG | 19,020 | $744,253 | 0.32% |
| 55 | ST JOE CO COM | JOE | 15,351 | $732,243 | 0.32% |
| 56 | TECHNOLOGY SELECT SECTOR SPDR FUND | 81369Y803 | 2,599 | $658,145 | 0.29% |
| 57 | UNIVERSAL TECHNICAL INST INC COM | UTI | 18,735 | $634,929 | 0.28% |
| 58 | UNITEDHEALTH GROUP INC COM | UNH | 2,000 | $623,940 | 0.27% |
| 59 | SPROTT PHYSICAL GOLD TR UNIT | SII | 23,705 | $600,922 | 0.26% |
| 60 | JPMORGAN BETABUILDERS CANADA ETF | 46641Q225 | 7,091 | $572,244 | 0.25% |
| 61 | ISHARES MSCI MEXICO ETF | 464286822 | 9,326 | $564,783 | 0.25% |
| 62 | RTX CORPORATION COM | RTX | 3,734 | $545,239 | 0.24% |
| 63 | GE AEROSPACE COM NEW | 369604301 | 2,085 | $536,658 | 0.23% |
| 64 | ENERGY SELECT SECTOR SPDR FUND | 81369Y506 | 4,900 | $415,569 | 0.18% |
| 65 | UTILITIES SELECT SECTOR SPDR FUND | 81369Y886 | 4,793 | $391,396 | 0.17% |
| 66 | FIRSTENERGY CORP COM | FE | 9,485 | $381,866 | 0.17% |
| 67 | SPDR GOLD SHARES | GLD | 1,237 | $377,075 | 0.16% |
| 68 | ISHARES CORE S&P 500 ETF | 464287200 | 606 | $376,265 | 0.16% |
| 69 | MERCK & CO INC COM | MRK | 4,671 | $369,756 | 0.16% |
| 70 | PEPSICO INC COM | PEP | 2,640 | $348,586 | 0.15% |
| 71 | PHILIP MORRIS INTL INC COM | 718172109 | 1,900 | $346,047 | 0.15% |
| 72 | COMCAST CORP NEW CL A | CCZ | 9,596 | $342,481 | 0.15% |
| 73 | NISOURCE INC COM | NI | 8,000 | $322,720 | 0.14% |
| 74 | SPDR S&P REGIONAL BANKING ETF | 78464A698 | 5,122 | $304,196 | 0.13% |
| 75 | SPDR PORTFOLIO SHORT TERM TREASURY ETF | 78468R101 | 9,900 | $289,971 | 0.13% |
| 76 | INTERNATIONAL BUSINESS MACHS COM | INTR | 950 | $280,041 | 0.12% |
| 77 | AMERICAN EXPRESS CO COM | AXP | 870 | $277,513 | 0.12% |
| 78 | GE VERNOVA INC COM | GEV | 517 | $273,571 | 0.12% |
| 79 | VANGUARD GROWTH ETF | 922908736 | 600 | $263,040 | 0.11% |
| 80 | HOME DEPOT INC COM | HD | 639 | $234,283 | 0.10% |
| 81 | SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | 78463X889 | 5,629 | $227,918 | 0.10% |
| 82 | SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF | 78464A805 | 2,988 | $223,771 | 0.10% |
| 83 | JOHNSON & JOHNSON COM | JNJ | 1,440 | $219,960 | 0.10% |
| 84 | WASTE MGMT INC DEL COM | 94106L109 | 950 | $217,379 | 0.09% |
| 85 | GILEAD SCIENCES INC COM | GILD | 1,960 | $217,305 | 0.09% |
| 86 | SPDR S&P MIDCAP 400 ETF TRUST | MDY | 360 | $203,933 | 0.09% |
| 87 | KEYCORP COM | 493267108 | 11,500 | $200,330 | 0.09% |
| 88 | POLYPID LTD COM | PYPD | 38,200 | $134,846 | 0.06% |