Lumbard & Kellner, LLC
Net buyer this quarter
$330M
82
+$3.09M
36.6%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 GOOG | $18.3M | 5.56% | Not reported | +6.4% | Q3 2024 |
 MTRN | $15.3M | 4.65% | 0.25% | 0.0% | Q3 2025 |
 HBM | $12.3M | 3.72% | 0.13% | +0.1% | Q3 2024 |
 GS | $12.2M | 3.69% | 0.00% | +1.1% | Q3 2024 |
 SPMD | $11.8M | 3.57% | Not reported | +0.9% | Q3 2025 |
 PBR | $11.5M | 3.48% | 0.01% | +0.4% | Q3 2024 |
 FRDM | $11.2M | 3.40% | Not reported | +0.1% | Q3 2024 |
 ENS | $10.3M | 3.12% | 0.12% | -0.4% | Q3 2025 |
 MET | $9.09M | 2.76% | 0.02% | +0.5% | Q3 2024 |
 FSLR | $8.61M | 2.61% | 0.03% | +0.7% | Q3 2025 |
 AMZN | $7.95M | 2.41% | 0.00% | +2.2% | Q3 2024 |
 KMI | $7.9M | 2.39% | 0.01% | +0.6% | Q3 2024 |
 CSCO | $6.61M | 2.01% | 0.00% | -46.9% | Q3 2024 |
 ETON | $6.37M | 1.93% | 0.62% | 0.0% | Q3 2025 |
 LMT | $5.6M | 1.70% | 0.00% | +1.6% | Q3 2024 |
 KTOS | $5.34M | 1.62% | 0.06% | +1.6% | Q3 2025 |
 SBC | $5.32M | 1.61% | 1.68% | +9899.5% | Q1 2026 |
 PRIM | $4.65M | 1.41% | 0.09% | +13.0% | Q3 2025 |
 NOC | $4.52M | 1.37% | 0.01% | +0.2% | Q3 2024 |
 MSFT | $4.05M | 1.23% | 0.00% | +3.8% | Q3 2024 |
 AMAT | $3.87M | 1.17% | 0.00% | Not reported | Q3 2024 |
 HROW | $3.84M | 1.16% | 0.24% | +2.0% | Q3 2025 |
 BRK.A | $3.74M | 1.14% | Not reported | Not reported | Q3 2024 |
 EMN | $3.63M | 1.10% | 0.05% | New | Q2 2026 |
 AAPL | $3.4M | 1.03% | 0.00% | +2.9% | Q3 2024 |
 RNW | $3.24M | 0.98% | Not reported | New | Q2 2026 |
 BE | $3.2M | 0.97% | 0.00% | -14.5% | Q3 2024 |
 AMSC | $3.08M | 0.93% | 0.15% | +0.6% | Q3 2025 |
 LLY | $3.05M | 0.93% | 0.00% | +1.0% | Q3 2024 |
 ASIX | $2.91M | 0.88% | 0.54% | +0.4% | Q4 2025 |
 ALKS | $2.76M | 0.84% | 0.03% | 0.0% | Q1 2026 |
 DNLI | $2.53M | 0.77% | 0.06% | +3.7% | Q1 2026 |
| BRK.B | $2.21M | 0.67% | Not reported | +2.9% | Q3 2024 |
| SPY | $2.19M | 0.66% | Not reported | Not reported | Q3 2024 |
 INTC | $1.48M | 0.45% | 0.00% | Not reported | Q3 2025 |
 JPM | $1.44M | 0.44% | 0.00% | +3.6% | Q3 2024 |
 QQQ | $1.37M | 0.42% | Not reported | Not reported | Q3 2024 |
 STNG | $1.32M | 0.40% | 0.04% | Not reported | Q3 2024 |
 WELL | $1.25M | 0.38% | 0.00% | Not reported | Q3 2024 |
 JOE | $1.16M | 0.35% | 0.03% | +2.1% | Q3 2024 |
| GLD | $1.13M | 0.34% | 0.00% | +3.7% | Q3 2025 |
 XOM | $1.07M | 0.32% | 0.00% | Not reported | Q3 2024 |
 UTI | $1.04M | 0.32% | 0.04% | -3.8% | Q3 2025 |
 UNH | $801K | 0.24% | 0.00% | -8.5% | Q3 2024 |
 GE | $732K | 0.22% | 0.00% | -1.3% | Q3 2024 |
 PHYS | $731K | 0.22% | 0.01% | +1.6% | Q3 2025 |
 RTX | $728K | 0.22% | 0.00% | +2.7% | Q3 2024 |
 GEV | $671K | 0.20% | 0.00% | +10.4% | Q3 2025 |
 MRK | $600K | 0.18% | 0.00% | Not reported | Q3 2024 |
 ORCL | $562K | 0.17% | 0.00% | +1.6% | Q3 2024 |
| Q1 2026 | |||||
| PBR | $14.7M | 5.09% | 0.01% | 0.0% | Q3 2024 |
| GOOG | $14M | 4.85% | Not reported | +1.1% | Q3 2024 |
| HBM | $10.9M | 3.76% | 0.13% | 0.0% | Q3 2024 |
| SPMD | $10.2M | 3.54% | Not reported | +1.4% | Q3 2025 |
| GS | $10.1M | 3.50% | 0.00% | +0.1% | Q3 2024 |
| FRDM | $8.39M | 2.91% | Not reported | +0.3% | Q3 2024 |
| KMI | $8.23M | 2.85% | 0.01% | +0.1% | Q3 2024 |
| CSCO | $8.22M | 2.85% | 0.00% | +0.1% | Q3 2024 |
| ENS | $7.67M | 2.66% | 0.12% | +0.1% | Q3 2025 |
| MET | $7.56M | 2.62% | 0.02% | +0.3% | Q3 2024 |
| MTRN | $7.46M | 2.59% | 0.25% | +0.1% | Q3 2025 |
| KTOS | $7.43M | 2.57% | 0.06% | +0.8% | Q3 2025 |
| FSLR | $7.15M | 2.48% | 0.03% | +0.1% | Q3 2025 |
| AMZN | $6.8M | 2.35% | 0.00% | +15.7% | Q3 2024 |
| LMT | $6.54M | 2.27% | 0.00% | +0.2% | Q3 2024 |
| NOC | $6.04M | 2.09% | 0.01% | +0.5% | Q3 2024 |
| PRIM | $5.94M | 2.06% | 0.08% | +0.4% | Q3 2025 |
 JBL | $5.14M | 1.78% | 0.02% | +0.6% | Q3 2025 |
| ETON | $4.34M | 1.50% | 0.64% | +0.6% | Q3 2025 |
| MSFT | $3.87M | 1.34% | 0.00% | Not reported | Q3 2024 |
| BRK.A | $3.59M | 1.24% | Not reported | Not reported | Q3 2024 |
| ASIX | $3.55M | 1.23% | 0.54% | +0.4% | Q4 2025 |
| HROW | $3.12M | 1.08% | 0.24% | +0.3% | Q3 2025 |
| AAPL | $2.9M | 1.00% | 0.00% | Not reported | Q3 2024 |
| AMSC | $2.49M | 0.86% | 0.15% | +3.5% | Q3 2025 |
| LLY | $2.32M | 0.80% | 0.00% | Not reported | Q3 2024 |
| BRK.B | $2.06M | 0.71% | Not reported | +3.5% | Q3 2024 |
| SPY | $1.91M | 0.66% | Not reported | Not reported | Q3 2024 |
| ALKS | $1.86M | 0.64% | 0.03% | New | Q1 2026 |
| AMAT | $1.83M | 0.63% | 0.00% | Not reported | Q3 2024 |
| DNLI | $1.82M | 0.63% | 0.06% | New | Q1 2026 |
| BE | $1.68M | 0.58% | 0.00% | -30.0% | Q3 2024 |
| STNG | $1.42M | 0.49% | 0.04% | Not reported | Q3 2024 |
| XOM | $1.33M | 0.46% | 0.00% | Not reported | Q3 2024 |
| GLD | $1.27M | 0.44% | 0.00% | +2.2% | Q3 2025 |
| JPM | $1.25M | 0.43% | 0.00% | Not reported | Q3 2024 |
| JOE | $1.14M | 0.40% | 0.03% | +0.5% | Q3 2024 |
| WELL | $1.09M | 0.38% | 0.00% | Not reported | Q3 2024 |
| QQQ | $1.08M | 0.37% | Not reported | Not reported | Q3 2024 |
| UTI | $916K | 0.32% | 0.05% | +4.8% | Q3 2025 |
| PHYS | $846K | 0.29% | 0.01% | +0.1% | Q3 2025 |
 HON | $761K | 0.26% | 0.00% | Not reported | Q3 2024 |
| RTX | $720K | 0.25% | 0.00% | Not reported | Q3 2024 |
| UNH | $570K | 0.20% | 0.00% | Not reported | Q3 2024 |
| GE | $563K | 0.20% | 0.00% | Not reported | Q3 2024 |
| MRK | $562K | 0.19% | 0.00% | Not reported | Q3 2024 |
| ORCL | $555K | 0.19% | 0.00% | -1.4% | Q3 2024 |
 CIEN | $483K | 0.17% | 0.00% | Not reported | Q3 2024 |
 FE | $481K | 0.17% | 0.00% | Not reported | Q3 2024 |
| INTC | $468K | 0.16% | 0.00% | Not reported | Q3 2025 |
| Q4 2025 | |||||
| GOOG | $15.1M | 5.31% | Not reported | -0.7% | Q3 2024 |
| GS | $10.5M | 3.67% | 0.00% | -2.3% | Q3 2024 |
| HBM | $10.3M | 3.61% | 0.13% | -2.7% | Q3 2024 |
| SPMD | $9.86M | 3.45% | Not reported | -5.5% | Q3 2025 |
| FSLR | $9.47M | 3.32% | 0.03% | -14.9% | Q3 2025 |
| MET | $8.42M | 2.95% | 0.02% | -0.7% | Q3 2024 |
| PBR | $8.38M | 2.94% | 0.01% | +39.3% | Q3 2024 |
| CSCO | $8.16M | 2.86% | 0.00% | -1.6% | Q3 2024 |
| KTOS | $7.93M | 2.78% | 0.06% | -1.2% | Q3 2025 |
| FRDM | $7.84M | 2.75% | Not reported | -1.0% | Q3 2024 |
| KMI | $6.74M | 2.36% | 0.01% | -1.2% | Q3 2024 |
| AMZN | $6.51M | 2.28% | 0.00% | -0.7% | Q3 2024 |
| ENS | $6.48M | 2.27% | 0.12% | -0.9% | Q3 2025 |
| MTRN | $6.41M | 2.24% | 0.25% | -1.4% | Q3 2025 |
| LMT | $5.22M | 1.83% | 0.00% | -0.4% | Q3 2024 |
| PRIM | $5.13M | 1.80% | 0.08% | +0.4% | Q3 2025 |
| MSFT | $5.05M | 1.77% | 0.00% | Not reported | Q3 2024 |
| NOC | $5.03M | 1.76% | 0.01% | -0.6% | Q3 2024 |
 AMD | $4.84M | 1.69% | 0.00% | -30.1% | Q3 2025 |
 GPRE | $4.5M | 1.58% | 0.66% | -2.4% | Q3 2024 |
| JBL | $4.38M | 1.54% | 0.02% | -1.0% | Q3 2025 |
| HROW | $4.33M | 1.52% | 0.24% | -0.6% | Q3 2025 |
 SNOW | $3.79M | 1.33% | 0.01% | -0.9% | Q3 2025 |
| BRK.A | $3.77M | 1.32% | Not reported | Not reported | Q3 2024 |
 PATH | $3.68M | 1.29% | Not reported | New | Q4 2025 |
| AAPL | $3.1M | 1.09% | 0.00% | -8.0% | Q3 2024 |
| ETON | $2.96M | 1.04% | 0.65% | -0.8% | Q3 2025 |
 PRU | $2.9M | 1.01% | 0.01% | -1.2% | Q3 2024 |
| LLY | $2.71M | 0.95% | 0.00% | Not reported | Q3 2024 |
| ASIX | $2.51M | 0.88% | 0.54% | New | Q4 2025 |
| BRK.B | $2.09M | 0.73% | Not reported | +2.2% | Q3 2024 |
| AMSC | $2.05M | 0.72% | 0.15% | -1.8% | Q3 2025 |
| SPY | $2M | 0.70% | Not reported | Not reported | Q3 2024 |
| BE | $1.54M | 0.54% | 0.01% | -47.2% | Q3 2024 |
| AMAT | $1.37M | 0.48% | 0.00% | -0.9% | Q3 2024 |
| JPM | $1.36M | 0.48% | 0.00% | +1.2% | Q3 2024 |
| QQQ | $1.15M | 0.40% | Not reported | Not reported | Q3 2024 |
| GLD | $1.14M | 0.40% | 0.00% | +0.3% | Q3 2025 |
| JOE | $1.07M | 0.38% | 0.03% | +6.5% | Q3 2024 |
| WELL | $1.02M | 0.36% | 0.00% | Not reported | Q3 2024 |
| STNG | $967K | 0.34% | 0.04% | Not reported | Q3 2024 |
| XOM | $942K | 0.33% | 0.00% | -8.5% | Q3 2024 |
| PHYS | $787K | 0.28% | 0.01% | Not reported | Q3 2025 |
| ORCL | $746K | 0.26% | 0.00% | -0.3% | Q3 2024 |
| UNH | $696K | 0.24% | 0.00% | +0.5% | Q3 2024 |
| RTX | $685K | 0.24% | 0.00% | Not reported | Q3 2024 |
| HON | $657K | 0.23% | 0.00% | Not reported | Q3 2024 |
| UTI | $633K | 0.22% | 0.04% | -2.4% | Q3 2025 |
| GE | $611K | 0.21% | 0.00% | Not reported | Q3 2024 |
 ADBE | $569K | 0.20% | 0.00% | New | Q4 2025 |
| Q3 2025 | |||||
| GOOG | $11.8M | 4.35% | Not reported | Not reported | Q3 2024 |
| SPMD | $10.3M | 3.79% | Not reported | New | Q3 2025 |
| GS | $9.71M | 3.57% | 0.00% | Not reported | Q3 2024 |
| KTOS | $9.67M | 3.56% | 0.06% | New | Q3 2025 |
| FSLR | $9.38M | 3.45% | 0.04% | New | Q3 2025 |
| MET | $8.84M | 3.25% | 0.02% | Not reported | Q3 2024 |
| HBM | $8.09M | 2.98% | 0.14% | Not reported | Q3 2024 |
| CSCO | $7.36M | 2.71% | 0.00% | Not reported | Q3 2024 |
| KMI | $7.03M | 2.59% | 0.01% | Not reported | Q3 2024 |
| FRDM | $6.84M | 2.52% | Not reported | Not reported | Q3 2024 |
| PBR | $6.43M | 2.36% | 0.01% | Not reported | Q3 2024 |
| MTRN | $6.32M | 2.32% | 0.25% | New | Q3 2025 |
| AMZN | $6.24M | 2.29% | 0.00% | Not reported | Q3 2024 |
| PRIM | $5.65M | 2.08% | 0.08% | New | Q3 2025 |
| MSFT | $5.41M | 1.99% | 0.00% | Not reported | Q3 2024 |
| LMT | $5.41M | 1.99% | 0.00% | Not reported | Q3 2024 |
| NOC | $5.4M | 1.99% | 0.01% | Not reported | Q3 2024 |
| AMD | $5.23M | 1.92% | 0.00% | New | Q3 2025 |
| ENS | $5.03M | 1.85% | 0.12% | New | Q3 2025 |
| AMSC | $4.3M | 1.58% | 0.16% | New | Q3 2025 |
| HROW | $4.28M | 1.57% | 0.24% | New | Q3 2025 |
| JBL | $4.22M | 1.55% | 0.02% | New | Q3 2025 |
| GPRE | $4.13M | 1.52% | 0.65% | Not reported | Q3 2024 |
| SNOW | $3.93M | 1.45% | 0.01% | New | Q3 2025 |
| ETON | $3.83M | 1.41% | 0.66% | New | Q3 2025 |
| BRK.A | $3.77M | 1.39% | Not reported | Not reported | Q3 2024 |
| AAPL | $3.16M | 1.16% | 0.00% | Not reported | Q3 2024 |
| BE | $2.83M | 1.04% | 0.01% | Not reported | Q3 2024 |
| PRU | $2.7M | 0.99% | 0.01% | Not reported | Q3 2024 |
 FIVN | $2.13M | 0.78% | 0.11% | New | Q3 2025 |
| BRK.B | $2.04M | 0.75% | Not reported | Not reported | Q3 2024 |
| SPY | $1.95M | 0.72% | Not reported | Not reported | Q3 2024 |
| LLY | $1.92M | 0.71% | 0.00% | Not reported | Q3 2024 |
| JPM | $1.32M | 0.49% | 0.00% | Not reported | Q3 2024 |
| QQQ | $1.12M | 0.41% | Not reported | Not reported | Q3 2024 |
| AMAT | $1.11M | 0.41% | 0.00% | Not reported | Q3 2024 |
| ORCL | $1.08M | 0.40% | 0.00% | Not reported | Q3 2024 |
| STNG | $1.07M | 0.39% | 0.04% | Not reported | Q3 2024 |
| GLD | $1.02M | 0.38% | 0.00% | New | Q3 2025 |
| WELL | $979K | 0.36% | 0.00% | Not reported | Q3 2024 |
| XOM | $964K | 0.35% | 0.00% | Not reported | Q3 2024 |
| JOE | $840K | 0.31% | 0.03% | Not reported | Q3 2024 |
| UTI | $808K | 0.30% | 0.05% | New | Q3 2025 |
| UNH | $724K | 0.27% | 0.00% | Not reported | Q3 2024 |
| HON | $709K | 0.26% | 0.00% | Not reported | Q3 2024 |
| PHYS | $706K | 0.26% | 0.01% | New | Q3 2025 |
| RTX | $625K | 0.23% | 0.00% | Not reported | Q3 2024 |
| GE | $597K | 0.22% | 0.00% | Not reported | Q3 2024 |
| FE | $435K | 0.16% | 0.00% | Not reported | Q3 2024 |
| MRK | $392K | 0.14% | 0.00% | Not reported | Q3 2024 |