Lumbard & Kellner, LLC
•CIK: 1602476•Filing: Q4 2025
Lumbard & Kellner, LLC manages $286M across a diversified portfolio of 100 positions. The fund exhibits notable concentration in technology and financial sectors, with top holdings including GOOG at $15.1M and BIL at $14.1M. Further significant allocations are directed toward GS ($10.5M), HBM ($10.3M), and SPMD ($9.9M). This structure suggests a tactical approach capitalizing on large-cap growth and stable fixed-income exposure.
Total AUM
$285.5M
QoQ Performance
+5.0%
Positions
100
Top 10 Concentration
36.4%
Latest Filing
Q4 2025
Top Holdings Allocation
GOOG
GOOG5.3%
BIL4.9%
GS3.7%
HBM3.6%
SPMD3.5%
RSP3.4%
FSLR3.3%
MET2.9%
📈 Biggest Buys
📉 Biggest Sells
AMD
ADVANCED MICRO DEVICES INC COM
-30.1%
1.7% of portfolio
BIL
STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF
-11.5%
4.9% of portfolio
FSLR
FIRST SOLAR INC COM
-14.8%
3.3% of portfolio
BE
BLOOM ENERGY CORP COM CL A
-47.2%
0.5% of portfolio
SPMD
STATE STREET SPDR PORTFOLIO S&P 400 MID CAP ETF
-5.5%
3.5% of portfolio
Sector Breakdown
Other71.1%
Technology13.5%
Financial7.3%
Industrial2.5%
Consumer2.4%
Healthcare1.6%
ETF0.9%
Energy0.3%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW5 new positions
↑19 increased
↓38 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023