Latest KARPAS STRATEGIES, LLC Stock Portfolio

KARPAS STRATEGIES, LLC Performance:

2024 Q2: -1.15%YTD: 4.43%2023: 0.71%

Performance for 2024 Q2 is -1.15%, and YTD is 4.43%, and 2023 is 0.71%.

About KARPAS STRATEGIES, LLC and 13F Hedge Fund Stock Holdings

KARPAS STRATEGIES, LLC is a hedge fund based in LITCHFIELD, CT. On 28-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $383.3 Millions. In it's latest 13F Holdings report, KARPAS STRATEGIES, LLC reported an equity portfolio of $318.8 Millions as of 30 Jun, 2024.

The top stock holdings of KARPAS STRATEGIES, LLC are , JNJ, SCHW. The fund has invested 9.3% of it's portfolio in BROOKFIELD CORP CL A LTD VT SH and 6% of portfolio in JOHNSON & JOHNSON COM.

They significantly reduced their stock positions in CITIGROUP INC COM NEW (C), WELLS FARGO CO NEW COM (WFC) and MARKEL GROUP INC COM (MKL). KARPAS STRATEGIES, LLC opened new stock positions in JPMORGAN U.S. QUALITY FACTOR ETF (BBAX), DIMENSIONAL US SMALL CAP VALUE ETF (DFAC) and GE VERNOVA INC COM. The fund showed a lot of confidence in some stocks as they added substantially to DIMENSIONAL US MARKETWIDE VALUE ETF (DFAC), ANNALY CAPITAL MANAGEMENT INC COM NEW (NLY) and BLACKSTONE MTG TR INC COM CL A (BXMT).

KARPAS STRATEGIES, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that KARPAS STRATEGIES, LLC made a return of -1.15% in the last quarter. In trailing 12 months, it's portfolio return was 7.32%.

New Buys

Ticker	$ Bought
jpmorgan u.s. quality factor etf	2,095,180
dimensional us small cap value etf	846,564
ge vernova inc com	427,060

New stocks bought by KARPAS STRATEGIES, LLC

Additions

Ticker	% Inc.
dimensional us marketwide value etf	54.87
dimensional us high profitability etf	39.79
dimensional u.s. equity etf	25.42
dimensional u.s. small cap etf	17.78
annaly capital management inc com new	10.51
blackstone mtg tr inc com cl a	3.07
american express co com	2.58
blackstone secd lending fd common stock	2.33

Additions to existing portfolio by KARPAS STRATEGIES, LLC

Reductions

Ticker	% Reduced
citigroup inc com new	-11.7
wells fargo co new com	-5.81
markel group inc com	-5.78
vitesse energy inc common stock	-3.86
hyatt hotels corp com cl a	-3.72
amazon com inc com	-2.99
comcast corp new cl a	-2.83
wyndham hotels & resorts inc com	-2.72

KARPAS STRATEGIES, LLC reduced stake in above stock

Sold off

None of the stocks were completely sold off by KARPAS STRATEGIES, LLC

Sector Distribution

KARPAS STRATEGIES, LLC has about 35% of it's holdings in Others sector.

Sector	%
Others	35
Financial Services	17.1
Healthcare	14.1
Energy	12.3
Technology	6.5
Communication Services	4.8
Real Estate	4.1
Industrials	2.6
Consumer Defensive	1.3
Consumer Cyclical	1.1

Market Cap. Distribution

KARPAS STRATEGIES, LLC has about 54.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	35
LARGE-CAP	33.9
MEGA-CAP	20.8
MID-CAP	9.6

Stocks belong to which Index?

About 57.8% of the stocks held by KARPAS STRATEGIES, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	51.4
Others	42.2
RUSSELL 2000	6.4

Top 5 Winners (%)		%
LILA	liberty latin america ltd com cl c	37.6 %
NVDA	nvidia corporation com	36.7 %
AAPL	apple inc com	22.7 %
GOOG	alphabet inc cap stk cl a	20.7 %
LLY	eli lilly & co com	16.4 %

Top 5 Winners ($)		$
TXN	texas instrs inc com	1.0 M
JEF	jefferies finl group inc com	0.6 M
AAPL	apple inc com	0.6 M
MSFT	microsoft corp com	0.4 M
SCHW	charles schwab corp com	0.3 M

Top 5 Losers (%)		%
LUMN	lumen technologies inc com	-29.5 %
CVS	cvs health corp com	-25.9 %
BMY	bristol-myers squibb co com	-23.4 %
WY	weyerhaeuser co mtn be com new	-20.9 %
DIS	walt disney co com	-18.9 %

Top 5 Losers ($)		$
JNJ	johnson & johnson com	-1.6 M
DIS	walt disney co com	-1.2 M
MRK	merck & co inc com	-1.1 M
LUMN	lumen technologies inc com	-0.6 M
BMY	bristol-myers squibb co com	-0.4 M

KARPAS STRATEGIES, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of KARPAS STRATEGIES, LLC

KARPAS STRATEGIES, LLC has 117 stocks in it's portfolio. About 45.4% of the portfolio is in top 10 stocks. JNJ proved to be the most loss making stock for the portfolio. TXN was the most profitable stock for KARPAS STRATEGIES, LLC last quarter.

Last Reported on: 30 Jul, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc com	1.04	15,682	3,302,960	reduced	-0.67

AAXJ	ishares preferred & income securities etf	0.09	8,602	271,379	added	0.09

AB	alliancebernstein hldg l p unit ltd partn	0.20	18,670	630,858	added	0.83

ABBV	abbvie inc com	0.33	6,144	1,053,820	unchanged	0.00

ABT	abbott labs com	0.35	10,784	1,120,560	unchanged	0.00

ACN	accenture plc ireland shs class a	0.14	1,457	442,068	unchanged	0.00

AMP	ameriprise finl inc com	0.14	1,075	459,229	added	1.42

AMZN	amazon com inc com	0.16	2,595	501,484	reduced	-2.99

AXP	american express co com	0.55	7,600	1,759,680	added	2.58

BAM	brookfield asset managmt ltd cl a lmt vtg shs	3.16	264,538	10,065,700	added	0.39

BATRA	liberty media corp del com lbty srm s c	0.08	11,751	260,402	unchanged	0.00

BATRA	liberty media corp del com lbty one s c	0.07	3,164	227,302	reduced	-0.25

BBAX	jpmorgan u.s. quality factor etf	0.66	39,569	2,095,180	new

BEP	brookfield renewable partners partnership unit	1.68	216,760	5,369,140	reduced	-1.05

BEPC	brookfield renewable corp cl a sub vtg	0.54	60,447	1,715,490	added	1.00

BIP	brookfield infrast partners lp lp int unit	2.56	297,083	8,151,960	reduced	-0.25

BIPC	brookfield infrastructure corp com sb vtg shs a	0.82	77,525	2,609,490	added	2.04

BK	bank new york mellon corp com	0.42	22,278	1,334,250	added	0.13

BMY	bristol-myers squibb co com	0.43	33,259	1,381,260	added	0.05

BP	bp plc sponsored adr	0.16	14,584	526,482	unchanged	0.00