# Lumbard & Kellner, LLC: Form 13F holdings

An institutional investment manager in HOLLIS, NH. SEC CIK 1602476.

- Quarter ended: 2026-06-30
- Filed: 2026-08-06
- Reported value: $329.9m
- Positions: 108 (108 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1602476/000160247626000003/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [ALPHABET INC CAP STK CL C (GOOGL)](/companies/googl.md) | Stock | $18.3m | 5.6% | 51,907 |  | Added +3,102 |
| [MATERION CORP COM (MTRN)](/companies/mtrn.md) | Stock | $15.3m | 4.6% | 51,579 |  | Reduced −2 |
| [HUDBAY MINERALS INC COM (HBM)](/companies/hbm.md) | Stock | $12.3m | 3.7% | 519,841 |  | Added +449 |
| [GOLDMAN SACHS GROUP INC COM (GS)](/companies/gs.md) | Stock | $12.2m | 3.7% | 12,049 |  | Added +126 |
| STATE STREET SPDR PORTFOLIO S&P 400 MID CAP ETF | ETF | $11.8m | 3.6% | 174,182 |  | Added +1,594 |
| [PETROLEO BRASILEIRO S A SPONSORED ADR (PBR)](/companies/pbr.md) | ADR | $11.5m | 3.5% | 710,098 |  | Added +2,758 |
| FREEDOM 100 EMERGING MARKETS ETF | ETF | $11.2m | 3.4% | 153,636 |  | Added +129 |
| INVESCO S&P 500 EQUAL WEIGHT ETF | ETF | $11.0m | 3.3% | 51,810 |  | Added +229 |
| [ENERSYS COM (ENS)](/companies/ens.md) | Stock | $10.3m | 3.1% | 44,024 |  | Reduced −153 |
| STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | ETF | $9.9m | 3.0% | 108,366 |  | Reduced −23,960 |
| [METLIFE INC COM (MET)](/companies/met.md) | Stock | $9.1m | 2.8% | 107,443 |  | Added +520 |
| [FIRST SOLAR INC COM (FSLR)](/companies/fslr.md) | Stock | $8.6m | 2.6% | 36,506 |  | Added +246 |
| VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF | ETF | $8.0m | 2.4% | 81,096 |  | Added +842 |
| [AMAZON COM INC COM (AMZN)](/companies/amzn.md) | Stock | $7.9m | 2.4% | 33,345 |  | Added +718 |
| [KINDER MORGAN INC DEL COM (KMI)](/companies/kmi.md) | Stock | $7.9m | 2.4% | 247,038 |  | Added +1,527 |
| [CISCO SYS INC COM (CSCO)](/companies/csco.md) | Stock | $6.6m | 2.0% | 56,311 |  | Reduced −49,641 |
| FRANKLIN FTSE SOUTH KOREA ETF | ETF | $6.4m | 1.9% | 96,743 |  | Added +29 |
| [ETON PHARMACEUTICALS INC COM (ETON)](/companies/eton.md) | Stock | $6.4m | 1.9% | 175,909 |  | Reduced −2 |
| FRANKLIN FTSE BRAZIL ETF | ETF | $5.8m | 1.8% | 270,704 |  | Added +106 |
| [LOCKHEED MARTIN CORP COM (LMT)](/companies/lmt.md) | Stock | $5.6m | 1.7% | 10,987 |  | Added +172 |
| [KRATOS DEFENSE & SEC SOLUTIONS COM NEW (KTOS)](/companies/ktos.md) | Stock | $5.3m | 1.6% | 107,007 |  | Added +1,659 |
| [SBC MED GROUP HLDGS INC COM (SBC)](/companies/sbc.md) | Stock | $5.3m | 1.6% | 1,727,208 |  | Added +1,709,935 |
| STATE STREET FINANCIAL SELECT SECTOR SPDR ETF | ETF | $5.3m | 1.6% | 98,982 |  | Added +298 |
| [PRIMORIS SVCS CORP COM (PRIM)](/companies/prim.md) | Stock | $4.6m | 1.4% | 46,897 |  | Added +5,397 |
| [NORTHROP GRUMMAN CORP COM (NOC)](/companies/noc.md) | Stock | $4.5m | 1.4% | 8,880 |  | Added +20 |
| STATE STREET SPDR S&P REGIONAL BANKING ETF | ETF | $4.1m | 1.2% | 55,017 |  | Added +303 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | $4.1m | 1.2% | 11,098 |  | Added +78 |
| [MICROSOFT CORP COM (MSFT)](/companies/msft.md) | Stock | $4.0m | 1.2% | 10,847 |  | Added +396 |
| FIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND | ETF | $3.9m | 1.2% | 57,811 |  | Added +198 |
| [APPLIED MATLS INC COM (AMAT)](/companies/amat.md) | Stock | $3.9m | 1.2% | 5,350 |  | Unchanged |
| [HARROW INC COM (HROW)](/companies/hrow.md) | Stock | $3.8m | 1.2% | 90,322 |  | Added +1,763 |
| [BERKSHIRE HATHAWAY INC DEL CL A (BRK-B)](/companies/brk-b.md) | Stock | $3.7m | 1.1% | 5 |  | Unchanged |
| [EASTMAN CHEM CO COM (EMN)](/companies/emn.md) | Stock | $3.6m | 1.1% | 54,208 |  | New +54,208 |
| FRANKLIN FTSE INDIA ETF | ETF | $3.6m | 1.1% | 101,835 |  | Added +201 |
| VANGUARD FTSE ALL-WORLD EX-US INDEX FUND | ETF | $3.6m | 1.1% | 42,889 |  | Added +587 |
| [APPLE INC COM (AAPL)](/companies/aapl.md) | Stock | $3.4m | 1.0% | 11,735 |  | Added +326 |
| RENEW ENERGY GLOBAL PLC CL A SHS | Stock | $3.2m | 1.0% | 518,293 |  | New +518,293 |
| [BLOOM ENERGY CORP COM CL A (BE)](/companies/be.md) | Stock | $3.2m | 1.0% | 10,586 |  | Reduced −1,793 |
| [AMERICAN SUPERCONDUCTOR CORP SHS NEW (AMSC)](/companies/amsc.md) | Stock | $3.1m | 0.9% | 74,139 |  | Added +470 |
| [ELI LILLY & CO COM (LLY)](/companies/lly.md) | Stock | $3.1m | 0.9% | 2,545 |  | Added +25 |
| [ADVANSIX INC COM (ASIX)](/companies/asix.md) | Stock | $2.9m | 0.9% | 146,212 |  | Added +518 |
| ALKERMES PLC SHS | Stock | $2.8m | 0.8% | 52,592 |  | Reduced −1 |
| [DENALI THERAPEUTICS INC COM (DNLI)](/companies/dnli.md) | Stock | $2.5m | 0.8% | 98,282 |  | Added +3,500 |
| ISHARES MSCI INDONESIA ETF | ETF | $2.3m | 0.7% | 207,366 |  | Added +1,391 |
| [BERKSHIRE HATHAWAY INC DEL CL B NEW (BRK-B)](/companies/brk-b.md) | Stock | $2.2m | 0.7% | 4,419 |  | Added +124 |
| [STATE STREET SPDR S&P 500 ETF (SPY)](/companies/spy.md) | ETF | $2.2m | 0.7% | 2,932 |  | Unchanged |
| GLOBAL X 1-3 MONTH T-BILL ETF | ETF | $1.8m | 0.5% | 18,058 |  | Reduced −2,080 |
| [INTEL CORP COM (INTC)](/companies/intc.md) | Stock | $1.5m | 0.4% | 10,615 |  | Unchanged |
| [JPMORGAN CHASE & CO COM (JPM)](/companies/jpm.md) | Stock | $1.4m | 0.4% | 4,387 |  | Added +153 |
| INVESCO QQQ TRUST SERIES I | ETF | $1.4m | 0.4% | 1,865 |  | Unchanged |
| SCORPIO TANKERS INC SHS | Stock | $1.3m | 0.4% | 19,020 |  | Unchanged |
| STATE STREET SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF | ETF | $1.3m | 0.4% | 14,328 |  | Reduced −2 |
| [WELLTOWER INC COM (WELL)](/companies/well.md) | REIT | $1.2m | 0.4% | 5,496 |  | Unchanged |
| STATE STREET ENERGY SELECT SECTOR SPDR ETF | ETF | $1.2m | 0.4% | 22,364 |  | Added +11,254 |
| [ST JOE CO COM (JOE)](/companies/joe.md) | Stock | $1.2m | 0.4% | 18,572 |  | Added +385 |
| [SPDR GOLD SHARES (GLD)](/companies/gld.md) | ETF | $1.1m | 0.3% | 3,062 |  | Added +109 |
| [EXXONMOBIL HOLDINGS CORP COM SHS (XOM)](/companies/xom.md) | Stock | $1.1m | 0.3% | 7,826 |  | New +7,826 |
| VANGUARD VALUE ETF | ETF | $1.1m | 0.3% | 4,893 |  | Unchanged |
| [UNIVERSAL TECHNICAL INST INC COM (UTI)](/companies/uti.md) | Stock | $1.0m | 0.3% | 24,421 |  | Reduced −960 |
| STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF | ETF | $979.3k | 0.3% | 5,140 |  | Unchanged |
| STATE STREET SPDR S&P BIOTECH ETF | ETF | $977.0k | 0.3% | 6,174 |  | New +6,174 |
| VANGUARD TOTAL WORLD STOCK ETF | ETF | $928.2k | 0.3% | 5,914 |  | Unchanged |
| ISHARES MSCI MEXICO ETF | ETF | $892.6k | 0.3% | 11,859 |  | Added +119 |
| STATE STREET SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | ETF | $875.8k | 0.3% | 17,381 |  | Unchanged |
| JPMORGAN BETABUILDERS CANADA ETF | ETF | $845.7k | 0.3% | 8,508 |  | Added +99 |
| VANECK GOLD MINERS ETF | ETF | $806.1k | 0.2% | 10,684 |  | Unchanged |
| [UNITEDHEALTH GROUP INC COM (UNH)](/companies/unh.md) | Stock | $801.3k | 0.2% | 1,928 |  | Reduced −180 |
| ISHARES CORE S&P 500 ETF | ETF | $763.9k | 0.2% | 1,020 |  | Unchanged |
| [GE AEROSPACE COM NEW (GE)](/companies/ge.md) | Stock | $731.8k | 0.2% | 1,958 |  | Reduced −25 |
| [SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR (PHYS)](/companies/phys.md) | CEF | $731.3k | 0.2% | 24,239 |  | Added +379 |
| [RTX CORPORATION COM (RTX)](/companies/rtx.md) | Stock | $727.8k | 0.2% | 3,836 |  | Added +102 |
| [GE VERNOVA INC COM (GEV)](/companies/gev.md) | Stock | $670.8k | 0.2% | 571 |  | Added +54 |
| [MERCK & CO INC COM (MRK)](/companies/mrk.md) | Stock | $600.2k | 0.2% | 4,671 |  | Unchanged |
| STATE STREET UTILITIES SELECT SECTOR SPDR ETF | ETF | $596.3k | 0.2% | 13,152 |  | Added +44 |
| [ORACLE CORP COM (ORCL)](/companies/orcl.md) | Stock | $562.0k | 0.2% | 3,835 |  | Added +60 |
| [ADVANCED MICRO DEVICES INC COM (AMD)](/companies/amd.md) | Stock | $555.4k | 0.2% | 956 |  | New +956 |
| [TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS (TSM)](/companies/tsm.md) | ADR | $513.4k | 0.2% | 1,075 |  | Added +134 |
| [FIRSTENERGY CORP COM (FE)](/companies/fe.md) | Stock | $450.9k | 0.1% | 9,485 |  | Unchanged |
| [HONEYWELL INTL INC COM (HON)](/companies/hon.md) | Stock | $400.2k | 0.1% | 1,787 |  | New +1,787 |
| [HONEYWELL AEROSPACE INC COM (HONA)](/companies/hona.md) | Stock | $395.2k | 0.1% | 1,787 |  | New +1,787 |
| [NISOURCE INC COM (NI)](/companies/ni.md) | Stock | $380.4k | 0.1% | 8,000 |  | Unchanged |
| [JOHNSON & JOHNSON COM (JNJ)](/companies/jnj.md) | Stock | $365.7k | 0.1% | 1,440 |  | Unchanged |
| [PEPSICO INC COM (PEP)](/companies/pep.md) | Stock | $357.5k | 0.1% | 2,640 |  | Unchanged |
| [HOME DEPOT INC COM (HD)](/companies/hd.md) | Stock | $348.8k | 0.1% | 989 |  | Added +151 |
| [PHILIP MORRIS INTL INC COM (PM)](/companies/pm.md) | Stock | $343.7k | 0.1% | 1,900 |  | Unchanged |
| [GILEAD SCIENCES INC COM (GILD)](/companies/gild.md) | Stock | $333.0k | 0.1% | 2,636 |  | Added +676 |
| [META PLATFORMS INC CL A (META)](/companies/meta.md) | Stock | $330.1k | 0.1% | 586 |  | Added +118 |
| [ADOBE INC COM (ADBE)](/companies/adbe.md) | Stock | $324.1k | <0.1% | 1,581 |  | Reduced −64 |
| VANGUARD GROWTH ETF | ETF | $310.1k | <0.1% | 3,600 |  | Added +3,000 |
| [NVIDIA CORPORATION COM (NVDA)](/companies/nvda.md) | Stock | $307.9k | <0.1% | 1,539 |  | New +1,539 |
| [CIENA CORP COM NEW (CIEN)](/companies/cien.md) | Stock | $296.8k | <0.1% | 605 |  | Reduced −640 |
| [AMERICAN EXPRESS CO COM (AXP)](/companies/axp.md) | Stock | $294.3k | <0.1% | 870 |  | Unchanged |
| [ENTERPRISE PRODS PARTNERS L P COM (EPD)](/companies/epd.md) | Stock | $284.9k | <0.1% | 7,750 |  | Added +2,250 |
| [COMCAST CORP NEW CL A (CMCSA)](/companies/cmcsa.md) | Stock | $280.6k | <0.1% | 11,431 |  | Added +518 |
| [BROADCOM INC COM (AVGO)](/companies/avgo.md) | Stock | $279.5k | <0.1% | 740 |  | New +740 |
| [NEXTERA ENERGY INC COM (NEE)](/companies/nee.md) | Stock | $267.9k | <0.1% | 3,052 |  | Unchanged |
| [INTERNATIONAL BUSINESS MACHS COM (IBM)](/companies/ibm.md) | Stock | $267.1k | <0.1% | 950 |  | Unchanged |
| [KEYCORP COM (KEY)](/companies/key.md) | Stock | $265.1k | <0.1% | 11,500 |  | Unchanged |
| [STATE STREET SPDR S&P MIDCAP 400 ETF TRUST (MDY)](/companies/mdy.md) | ETF | $253.2k | <0.1% | 360 |  | Unchanged |
| [DOVER CORP COM (DOV)](/companies/dov.md) | Stock | $243.3k | <0.1% | 1,085 |  | Unchanged |
| [WASTE MGMT INC DEL COM (WM)](/companies/wm.md) | Stock | $237.8k | <0.1% | 1,067 |  | Added +117 |
| [VISA INC COM CL A (V)](/companies/v.md) | Stock | $227.1k | <0.1% | 662 |  | New +662 |
| [FREEPORT MCMORAN INC CL B (FCX)](/companies/fcx.md) | Stock | $216.2k | <0.1% | 3,438 |  | New +3,438 |
| [AMPHENOL CORP CL A (APH)](/companies/aph.md) | Stock | $211.6k | <0.1% | 1,200 |  | Reduced −800 |
| [FORTINET INC COM (FTNT)](/companies/ftnt.md) | Stock | $208.2k | <0.1% | 1,355 |  | New +1,355 |
| [GENERAL MTRS CO COM (GM)](/companies/gm.md) | Stock | $204.3k | <0.1% | 2,650 |  | New +2,650 |
| SEAGATE TECHNOLOGY HLDNGS PLC ORD SHS | Stock | $202.7k | <0.1% | 210 |  | New +210 |
| POLYPID LTD COM | Stock | $194.1k | <0.1% | 38,200 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| EXXON MOBIL CORP COM | Stock | $0 | 0.0% | 0 |  | Sold out −7,826 |
| [GREEN PLAINS INC COM (GPRE)](/companies/gpre.md) | Stock | $0 | 0.0% | 0 |  | Sold out −26,412 |
| HONEYWELL INTL INC COM | Stock | $0 | 0.0% | 0 |  | Sold out −3,368 |
| [JABIL INC COM (JBL)](/companies/jbl.md) | Stock | $0 | 0.0% | 0 |  | Sold out −19,339 |
| SCHWAB SHORT-TERM US TREASURY ETF | ETF | $0 | 0.0% | 0 |  | Sold out −18,530 |

Source: SEC EDGAR, Form 13F-HR, accession 0001602476-26-000003. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.