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Lumbard & Kellner, LLC — 13F Holdings & Portfolio

CIK 1602476 · latest 13F-HR filed 2026-08-06

Backtest portfolio

Lumbard & Kellner, LLC manages $329.9M in 13F-reported U.S. long-equity assets across 108 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GOOG (5.56%), MTRN (4.65%), HBM (3.72%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 14 new positions, exited 5, added to 62, and trimmed 22.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
5 HUTCHINGS DRIVE
HOLLIS, NH 03049
Phone
(603) 465-7700
Filing Manager
Lumbard & Kellner, LLC
HOLLIS, NH
Signatory
Drew Kellner
CCO
Loading holdings…
AUM

$329.9M

Long-equity book

Holdings

108

Distinct positions

Period

2026-06-30

Filed 2026-08-06

Q/Q Activity

+14 / −5 / ↑62 / ↓22

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • MATERION CORP COM$7.9M +105.6%
  • SBC MED GROUP HLDGS INC COM$5.2M +7268.0%
  • ALPHABET INC CAP STK CL C$4.3M +31.0%
  • FREEDOM 100 EMERGING MARKETS ETF$2.8M +33.5%
  • ENERSYS COM$2.6M +34.1%
Show all 62 →

Top Trims

  • PETROLEO BRASILEIRO S A SPONSORED ADR-$3.2M -21.8%
  • STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF-$2.2M -18.1%
  • KRATOS DEFENSE & SEC SOLUTIONS COM NEW-$2.1M -28.2%
  • CISCO SYS INC COM-$1.6M -19.5%
  • NORTHROP GRUMMAN CORP COM-$1.5M -25.2%
Show all 22 →

New Positions

  • EASTMAN CHEM CO COM$3.6M
  • RENEW ENERGY GLOBAL PLC CL A SHS$3.2M
  • EXXONMOBIL HOLDINGS CORP COM SHS$1.1M
  • STATE STREET SPDR S&P BIOTECH ETF$977.0K
  • ADVANCED MICRO DEVICES INC COM$555.4K
Show all 14 →

Exited Positions

  • JABIL INC COM$5.1M
  • EXXON MOBIL CORP COM$1.3M
  • HONEYWELL INTL INC COM$761.3K
  • SCHWAB SHORT-TERM US TREASURY ETF$449.7K
  • GREEN PLAINS INC COM$434.5K
Show all 5 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ALPHABET INC CAP STK CL C GOOG 02079K107 $18.3M 5.56% 51,907 SH
2 MATERION CORP COM MTRN 576690101 $15.3M 4.65% 51,579 SH
3 HUDBAY MINERALS INC COM HBM 443628102 $12.3M 3.72% 519,841 SH
4 GOLDMAN SACHS GROUP INC COM GS 38141G104 $12.2M 3.69% 12,049 SH
5 STATE STREET SPDR PORTFOLIO S&P 400 MID CAP ETF SPMD 78464A847 $11.8M 3.57% 174,182 SH
6 PETROLEO BRASILEIRO S A SPONSORED ADR PBR 71654V408 $11.5M 3.48% 710,098 SH
7 FREEDOM 100 EMERGING MARKETS ETF FRDM 02072L607 $11.2M 3.40% 153,636 SH
8 INVESCO S&P 500 EQUAL WEIGHT ETF RSP 46137V357 $11.0M 3.34% 51,810 SH
9 ENERSYS COM ENS 29275Y102 $10.3M 3.12% 44,024 SH
10 STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF BIL 78468R663 $9.9M 3.01% 108,366 SH
11 METLIFE INC COM MET 59156R108 $9.1M 2.76% 107,443 SH
12 FIRST SOLAR INC COM FSLR 336433107 $8.6M 2.61% 36,506 SH
13 VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF VYMI 921946794 $8.0M 2.41% 81,096 SH
14 AMAZON COM INC COM AMZN 023135106 $7.9M 2.41% 33,345 SH
15 KINDER MORGAN INC DEL COM KMI 49456B101 $7.9M 2.39% 247,038 SH
16 CISCO SYS INC COM CSCO 17275R102 $6.6M 2.01% 56,311 SH
17 FRANKLIN FTSE SOUTH KOREA ETF FLKR 35473P710 $6.4M 1.94% 96,743 SH
18 ETON PHARMACEUTICALS INC COM ETON 29772L108 $6.4M 1.93% 175,909 SH
19 FRANKLIN FTSE BRAZIL ETF FLBR 35473P835 $5.8M 1.76% 270,704 SH
20 LOCKHEED MARTIN CORP COM LMT 539830109 $5.6M 1.70% 10,987 SH
21 KRATOS DEFENSE & SEC SOLUTIONS COM NEW KTOS 50077B207 $5.3M 1.62% 107,007 SH
22 SBC MED GROUP HLDGS INC COM SBC 73245B107 $5.3M 1.61% 1,727,208 SH
23 STATE STREET FINANCIAL SELECT SECTOR SPDR ETF XLF 81369Y605 $5.3M 1.61% 98,982 SH
24 PRIMORIS SVCS CORP COM PRIM 74164F103 $4.6M 1.41% 46,897 SH
25 NORTHROP GRUMMAN CORP COM NOC 666807102 $4.5M 1.37% 8,880 SH
26 STATE STREET SPDR S&P REGIONAL BANKING ETF KRE 78464A698 $4.1M 1.25% 55,017 SH
27 VANGUARD TOTAL STOCK MARKET ETF VTI 922908769 $4.1M 1.24% 11,098 SH
28 MICROSOFT CORP COM MSFT 594918104 $4.0M 1.23% 10,847 SH
29 FIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND QABA 33736Q104 $3.9M 1.18% 57,811 SH
30 APPLIED MATLS INC COM AMAT 038222105 $3.9M 1.17% 5,350 SH
31 HARROW INC COM HROW 415858109 $3.8M 1.16% 90,322 SH
32 BERKSHIRE HATHAWAY INC DEL CL A BRK.A 084670108 $3.7M 1.14% 5 SH
33 EASTMAN CHEM CO COM EMN 277432100 $3.6M 1.10% 54,208 SH
34 FRANKLIN FTSE INDIA ETF FLIN 35473P769 $3.6M 1.10% 101,835 SH
35 VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VEU 922042775 $3.6M 1.09% 42,889 SH
36 APPLE INC COM AAPL 037833100 $3.4M 1.03% 11,735 SH
37 RENEW ENERGY GLOBAL PLC CL A SHS RNW G7500M104 $3.2M 0.98% 518,293 SH
38 BLOOM ENERGY CORP COM CL A BE 093712107 $3.2M 0.97% 10,586 SH
39 AMERICAN SUPERCONDUCTOR CORP SHS NEW AMSC 030111207 $3.1M 0.93% 74,139 SH
40 ELI LILLY & CO COM LLY 532457108 $3.1M 0.93% 2,545 SH
41 ADVANSIX INC COM ASIX 00773T101 $2.9M 0.88% 146,212 SH
42 ALKERMES PLC SHS ALKS G01767105 $2.8M 0.84% 52,592 SH
43 DENALI THERAPEUTICS INC COM DNLI 24823R105 $2.5M 0.77% 98,282 SH
44 ISHARES MSCI INDONESIA ETF EIDO 46429B309 $2.3M 0.71% 207,366 SH
45 BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B 084670702 $2.2M 0.67% 4,419 SH
46 STATE STREET SPDR S&P 500 ETF SPY 78462F103 $2.2M 0.66% 2,932 SH
47 GLOBAL X 1-3 MONTH T-BILL ETF CLIP 37960A438 $1.8M 0.55% 18,058 SH
48 INTEL CORP COM INTC 458140100 $1.5M 0.45% 10,615 SH
49 JPMORGAN CHASE & CO COM JPM 46625H100 $1.4M 0.44% 4,387 SH
50 INVESCO QQQ TRUST SERIES I QQQ 46090E103 $1.4M 0.42% 1,865 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-06 $329.9M 108 0001602476-26-000003
2026-03-31 2026-05-15 $288.6M 99 0001602476-26-000002
2025-12-31 2026-02-03 $285.5M 100 0001602476-26-000001
2025-09-30 2025-11-12 $271.9M 97 0001602476-25-000005