Klingman & Associates, LLC
CIK 1662449 · View on SEC EDGAR ↗
- Portfolio value
- $2.3B
- Positions
- 350
- As of
- June 30, 2026
#1,369 of 9,443 by 13F value · top 14.5%
Portfolio value QoQ: +12.4% 13F does not disclose cash
- Top 10 holdings weight
- 52.66%
- Top 25 holdings weight
- 75.69%
- Positions above 1%
- 27
- Effective number of positions
- 20.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.83% Est. buys $63,263,643 · sells $40,511,394
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 83.9% still held
- New positions
- 33
- Increased
- 169
- Decreased
- 111
- Closed
- 14
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
6.9%
Financials
2.0%
Retail
1.3%
Industrials
1.3%
Communication Services
1.2%
Healthcare
0.9%
Financial Services
0.8%
Real Estate
0.5%
Consumer Discretionary
0.5%
Energy
0.4%
Communications
0.2%
Utilities
0.2%
Consumer Staples
0.2%
Consumer products
0.1%
Materials
0.1%
Telecommunication
0.1%
Logistics & Transportation
0.0%
Other/Unmapped
83.5%
Full portfolio 350 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| IVV | $397,459,029 | 16.92% | 530,731 | $53,412,607 | Up ×3 | ||
| VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares | $131,180,151 | 5.58% | 2,611,590 | $10,030,637 | Up ×6 | ||
| IJH | $123,697,477 | 5.27% | 1,604,169 | $18,611,019 | Up ×4 | ||
| IEFA | $96,790,569 | 4.12% | 1,002,180 | $10,121,111 | Up ×6 | ||
| VEA | $88,757,857 | 3.78% | 1,245,724 | $11,160,885 | Up ×6 | ||
| IJR | $88,513,019 | 3.77% | 596,811 | $14,822,733 | Up ×4 | ||
| SPY SPY | $85,771,210 | 3.65% | 114,856 | $10,777,414 | Down ×1 | ||
| SPYG | $76,967,582 | 3.28% | 646,841 | $12,854,730 | Down ×4 | ||
| AAPL Apple Inc. - Common Stock | $76,384,501 | 3.25% | 263,977 | $7,901,217 | Down ×3 | ||
| SPYV | $71,338,621 | 3.04% | 1,173,526 | $4,941,585 | Up ×1 | ||
| VWO | $58,755,107 | 2.50% | 984,338 | $4,468,576 | Down ×1 | ||
| RWL | $45,170,745 | 1.92% | 353,559 | $7,361,975 | Up ×6 | ||
| IEMG | $41,504,347 | 1.77% | 501,018 | $7,739,126 | Up ×6 | ||
| IBDU | $37,575,802 | 1.60% | 1,622,444 | $809,233 | Up ×6 | ||
| IBDV | $37,399,572 | 1.59% | 1,715,577 | $1,273,133 | Up ×6 | ||
| IBDW | $36,815,189 | 1.57% | 1,766,564 | $1,238,422 | Up ×6 | ||
| USMV | $34,228,106 | 1.46% | 354,842 | $693,502 | Down ×6 | ||
| MDYG | $33,352,937 | 1.42% | 297,555 | $2,245,145 | Down ×2 | ||
| PRF | $33,182,710 | 1.41% | 614,153 | $3,802,544 | Down ×2 | ||
| IBDT | $32,695,904 | 1.39% | 1,294,887 | $-344,175 | Down ×1 | ||
| MDYV | $32,300,019 | 1.38% | 340,538 | $806,512 | Down ×2 | ||
| SLYV | $30,540,925 | 1.30% | 279,909 | $3,960,029 | Down ×4 | ||
| IBDX | $29,609,478 | 1.26% | 1,175,446 | $2,278,616 | Up ×5 | ||
| MDY | $29,180,175 | 1.24% | 41,488 | $3,480,845 | Down ×4 | ||
| CFG Citizens Financial Group, Inc. Common Stock | $28,722,534 | 1.22% | 409,912 | $1,323,560 | Down ×1 | ||
| SDY | $28,508,235 | 1.21% | 187,332 | $873,560 | Down ×6 | ||
| SLYG | $24,290,331 | 1.03% | 203,898 | $4,569,620 | Down ×2 | ||
| IBDS | $23,240,810 | 0.99% | 959,571 | $-648,358 | Down ×2 | ||
| DDOG Datadog, Inc. - Class A Common Stock | $17,580,289 | 0.75% | 67,523 | $7,880,474 | Down ×1 | ||
| VTI | $16,640,746 | 0.71% | 44,970 | $2,224,466 | Up ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $14,728,459 | 0.63% | 61,796 | $2,575,696 | Up ×6 | ||
| MSFT Microsoft Corporation - Common Stock | $14,087,171 | 0.60% | 37,765 | $331,347 | Up ×6 | ||
| NVDA NVIDIA Corporation - Common Stock | $13,935,313 | 0.59% | 69,645 | $2,268,786 | Up ×6 | ||
| SCZ iShares MSCI EAFE Small-Cap ETF | $12,771,595 | 0.54% | 155,240 | $479,259 | Down ×6 | ||
| NYF | $12,722,120 | 0.54% | 236,010 | $-20,040 | Down ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $11,163,109 | 0.48% | 31,594 | $2,270,735 | Up ×5 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $9,948,231 | 0.42% | 27,837 | $2,077,615 | Up ×6 | ||
| IWM | $9,272,674 | 0.39% | 30,863 | $1,522,889 | Down ×5 | ||
| IWB | $8,893,931 | 0.38% | 21,719 | $1,037,487 | Down ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $8,568,965 | 0.36% | 26,178 | $981,515 | Up ×1 | ||
| VOO | $7,835,835 | 0.33% | 11,409 | $1,060,198 | Up ×2 | ||
| BRKB | $7,721,018 | 0.33% | 15,430 | $1,064,450 | Up ×1 | ||
| SOXX SOXX | $7,669,257 | 0.33% | 11,969 | $3,078,205 | Down ×1 | ||
| AMAT Applied Materials, Inc. - Common Stock | $7,596,561 | 0.32% | 10,507 | $4,020,412 | Up ×3 | ||
| TDTT | $6,321,470 | 0.27% | 264,386 | $-126,831 | Down ×1 | ||
| JLL Jones Lang LaSalle Incorporated Common Stock | $5,901,758 | 0.25% | 19,041 | $107,200 | |||
| VNQ | $5,559,565 | 0.24% | 57,654 | $389,319 | Down ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $5,452,671 | 0.23% | 14,435 | $1,146,891 | Up ×6 | ||
| XOM Exxon Mobil Corporation Common Stock | $5,335,909 | 0.23% | 39,028 | $-1,268,786 | Up ×1 | ||
| DVY iShares Select Dividend ETF | $5,022,388 | 0.21% | 32,133 | $144,109 | Down ×1 | ||
| JNJ Johnson & Johnson Common Stock | $4,431,269 | 0.19% | 17,448 | $13,749 | Down ×1 | ||
| DFAT | $4,393,958 | 0.19% | 62,861 | $376,393 | Down ×2 | ||
| SPLV | $4,133,432 | 0.18% | 55,186 | $97,127 | |||
| VEU | $3,996,885 | 0.17% | 47,724 | $422,350 | Up ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $3,974,171 | 0.17% | 7,055 | $139,611 | Up ×2 | ||
| MA Mastercard Incorporated Common Stock | $3,848,405 | 0.16% | 7,493 | $-34,453 | Down ×1 | ||
| CROX Crocs, Inc. - Common Stock | $3,820,669 | 0.16% | 31,670 | $1,322,597 | Up ×4 | ||
| GE GE Aerospace Common Stock | $3,656,949 | 0.16% | 9,785 | $937,864 | Up ×6 | ||
| IWF | $3,595,708 | 0.15% | 28,958 | $509,849 | Up ×3 | ||
| DFIV | $3,583,644 | 0.15% | 66,339 | $76,056 | Down ×1 | ||
| TSLA Tesla, Inc. - Common Stock | $3,457,753 | 0.15% | 8,221 | $454,756 | Up ×5 | ||
| ABBV AbbVie Inc. Common Stock | $3,313,596 | 0.14% | 13,168 | $460,127 | Up ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $3,311,659 | 0.14% | 2,869 | $2,439,693 | Up ×3 | ||
| EFA | $3,279,622 | 0.14% | 31,571 | $258,562 | Up ×3 | ||
| LAMR Lamar Advertising Company - Class A Common Stock | $3,177,781 | 0.14% | 20,373 | $590,877 | Down ×1 | ||
| IWN | $3,162,499 | 0.13% | 14,297 | $451,929 | |||
| VB | $3,158,814 | 0.13% | 10,421 | $418,345 | Down ×3 | ||
| COST Costco Wholesale Corporation - Common Stock | $3,132,890 | 0.13% | 3,349 | $-272,908 | Down ×1 | ||
| CAT Caterpillar, Inc. Common Stock | $3,072,237 | 0.13% | 2,885 | $1,087,132 | Up ×6 | ||
| GEV GE Vernova Inc. Common Stock | $3,064,035 | 0.13% | 2,608 | $840,758 | Up ×6 | ||
| VUG | $3,050,474 | 0.13% | 35,413 | $226,247 | Up ×1 | ||
| V Visa Inc. | $3,023,310 | 0.13% | 8,812 | $263,254 | Down ×2 | ||
| RSP | $2,894,311 | 0.12% | 13,603 | $283,623 | |||
| LLY Eli Lilly and Company Common Stock | $2,890,627 | 0.12% | 2,410 | $765,038 | Up ×2 | ||
| IXUS iShares Core MSCI Total International Stock ETF | $2,813,953 | 0.12% | 29,484 | $221,770 | Down ×2 | ||
| HDV | $2,767,504 | 0.12% | 100,967 | $22,532 | Up ×1 | ||
| C Citigroup, Inc. Common Stock | $2,678,135 | 0.11% | 19,135 | $525,159 | Up ×2 | ||
| INTC Intel Corporation - Common Stock | $2,614,712 | 0.11% | 18,726 | $1,843,010 | Up ×2 | ||
| VTV | $2,587,817 | 0.11% | 11,875 | $257,805 | Down ×2 | ||
| OEF | $2,517,918 | 0.11% | 6,882 | $245,625 | Down ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $2,465,963 | 0.10% | 4,245 | $1,664,448 | Up ×4 | ||
| JPST | $2,417,651 | 0.10% | 47,808 | $-1,912 | |||
| TJX TJX Companies, Inc. (The) Common Stock | $2,295,831 | 0.10% | 15,154 | $-122,187 | Up ×3 | ||
| PG Procter & Gamble Company (The) Common Stock | $2,246,993 | 0.10% | 15,323 | $839 | Down ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $2,231,292 | 0.09% | 3,030 | $533,228 | Up ×2 | ||
| HD Home Depot, Inc. (The) Common Stock | $2,140,063 | 0.09% | 6,068 | $100,287 | Down ×6 | ||
| ORCL Oracle Corporation Common Stock | $2,087,459 | 0.09% | 14,244 | $-69,763 | Down ×1 | ||
| GLW Corning Incorporated Common Stock | $2,060,810 | 0.09% | 8,068 | $976,857 | Up ×2 | ||
| IBDY | $2,029,556 | 0.09% | 78,833 | Up ×1 | |||
| WMT Walmart Inc. - Common Stock | $1,978,223 | 0.08% | 17,466 | $-93,303 | Up ×2 | ||
| IVOO | $1,923,807 | 0.08% | 14,753 | $222,974 | Down ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $1,906,052 | 0.08% | 16,227 | $684,766 | Up ×6 | ||
| VBR | $1,903,062 | 0.08% | 7,832 | $200,268 | Down ×2 | ||
| EFAV | $1,900,764 | 0.08% | 21,671 | $-158,808 | Down ×6 | ||
| RWK | $1,891,734 | 0.08% | 12,934 | $230,233 | Down ×1 | ||
| DFUV | $1,772,079 | 0.08% | 32,214 | $243,514 | Up ×2 | ||
| RJF Raymond James Financial, Inc. Common Stock | $1,743,481 | 0.07% | 11,468 | $-29,183 | Down ×1 | ||
| ITOT | $1,686,561 | 0.07% | 10,267 | $193,894 | Down ×4 | ||
| RWJ | $1,682,000 | 0.07% | 28,269 | $254,986 | |||
| UBSI United Bankshares, Inc. - Common Stock | $1,622,291 | 0.07% | 35,398 | $344,401 | Up ×4 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| IVV | $397,459,029 | 16.92% | up ×3 |
| VTIP | $131,180,151 | 5.58% | up ×6 |
| IJH | $123,697,477 | 5.27% | up ×4 |
| IEFA | $96,790,569 | 4.12% | up ×6 |
| VEA | $88,757,857 | 3.78% | up ×6 |
| IJR | $88,513,019 | 3.77% | up ×4 |
| RWL | $45,170,745 | 1.92% | up ×6 |
| IEMG | $41,504,347 | 1.77% | up ×6 |
| IBDU | $37,575,802 | 1.60% | up ×6 |
| IBDV | $37,399,572 | 1.59% | up ×6 |
| IBDW | $36,815,189 | 1.57% | up ×6 |
| IBDX | $29,609,478 | 1.26% | up ×5 |
| AMZN | $14,728,459 | 0.63% | up ×6 |
| MSFT | $14,087,171 | 0.60% | up ×6 |
| NVDA | $13,935,313 | 0.59% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| IBDY | $2,029,556 | 78,833 | 0.09% |
| VSAT | $473,389 | 5,271 | 0.02% |
| DELL | $375,371 | 870 | 0.02% |
| Unknown issuer (CUSIP: 438516205) | $327,678 | 1,464 | 0.01% |
| Unknown issuer (CUSIP: 43849R105) | $324,435 | 1,468 | 0.01% |
| CDNS | $293,876 | 783 | 0.01% |
| SPGI | $293,145 | 761 | 0.01% |
| DB | $288,547 | 8,547 | 0.01% |
| APP | $262,253 | 509 | 0.01% |
| CIEN | $246,752 | 503 | 0.01% |
| MPWR | $246,061 | 178 | 0.01% |
| PAYX | $245,531 | 2,497 | 0.01% |
| TT | $245,090 | 499 | 0.01% |
| WELL | $244,220 | 1,076 | 0.01% |
| MRVL | $238,312 | 800 | 0.01% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| IVV | Bought more | +4K | +$53.4M |
| IJH | Bought more | +48K | +$18.6M |
| IJR | Bought more | +4K | +$14.8M |
| SPYG | Trimmed | -8K | +$12.9M |
| VEA | Bought more | +35K | +$11.2M |
| SPY | Trimmed | -459 | +$10.8M |
| IEFA | Bought more | +45K | +$10.1M |
| VTIP | Bought more | +186K | +$10.0M |
| AAPL | Trimmed | -6K | +$7.9M |
| DDOG | Trimmed | -15K | +$7.9M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| PJT | June 30, 2026 | 14,233 | $1,988,635 | 15.0% |
| SPEM | June 30, 2025 | 18,706 | $736,456 | No longer tracked |
| BRKA | June 30, 2026 | 1 | $718,140 | No longer tracked |
| HON | June 30, 2026 | 2,941 | $664,755 | 0.8% |
| PEG | March 31, 2026 | 6,475 | $519,943 | -6.4% |
| PLD | June 30, 2025 | 4,170 | $466,165 | 34.3% |
| POST | June 30, 2026 | 4,673 | $461,973 | -8.0% |
| PPG | Sept. 30, 2025 | 3,553 | $404,154 | 9.3% |
| BRO | March 31, 2026 | 5,004 | $398,819 | 9.6% |
| WTPI | Dec. 31, 2025 | 11,935 | $397,085 | No longer tracked |
| ADBE | March 31, 2026 | 1,104 | $386,389 | 11.4% |
| ICSH | Sept. 30, 2025 | 6,723 | $340,924 | No longer tracked |
| DD | Dec. 31, 2025 | 4,102 | $319,546 | 246.8% |
| PRU | March 31, 2025 | 2,622 | $310,786 | 11.2% |
| BND | June 30, 2025 | 4,142 | $304,230 | |
| GIS | March 31, 2026 | 6,238 | $290,067 | 5.6% |
| INTU | June 30, 2026 | 669 | $289,263 | 38.1% |
| CRVL | Sept. 30, 2025 | 2,793 | $287,065 | -10.5% |
| NVO | Dec. 31, 2025 | 5,147 | $285,608 | -7.7% |
| AJG | Sept. 30, 2025 | 891 | $285,227 | -17.5% |
| ULXXXX | Dec. 31, 2025 | 4,764 | $282,410 | No longer tracked |
| INDA | March 31, 2026 | 5,215 | $281,871 | No longer tracked |
| DOW | June 30, 2026 | 6,723 | $280,013 | 16.8% |
| SSD | Sept. 30, 2025 | 1,783 | $276,918 | 15.1% |
| VRSK | Sept. 30, 2025 | 876 | $272,874 | -27.4% |
| QLD | March 31, 2025 | 2,516 | $272,332 | No longer tracked |
| RACE | Dec. 31, 2025 | 559 | $271,238 | 13.9% |
| ETN | Dec. 31, 2025 | 716 | $267,963 | 31.3% |
| PRI | Dec. 31, 2025 | 964 | $267,597 | 17.6% |
| ACWV | Dec. 31, 2025 | 2,231 | $267,525 | No longer tracked |
| RDVY | March 31, 2026 | 3,849 | $267,391 | |
| WTS | Sept. 30, 2025 | 1,073 | $263,840 | 33.9% |
| SE | March 31, 2026 | 2,057 | $262,412 | 40.5% |
| MCK | June 30, 2026 | 291 | $251,820 | 14.4% |
| IDXX | March 31, 2025 | 597 | $246,824 | 35.7% |
| CMCSA | June 30, 2026 | 8,524 | $244,736 | 9.0% |
| IBMO | March 31, 2026 | 9,349 | $239,693 | No longer tracked |
| EFV | June 30, 2026 | 3,157 | $234,723 | No longer tracked |
| ROL | March 31, 2026 | 3,910 | $234,701 | -31.0% |
| TIP | Sept. 30, 2025 | 2,096 | $230,644 | No longer tracked |
| URA | March 31, 2025 | 8,605 | $230,442 | No longer tracked |
| BRBR | Dec. 31, 2025 | 6,338 | $230,387 | -60.2% |
| VXF | Dec. 31, 2025 | 1,090 | $228,181 | No longer tracked |
| GOLF | Sept. 30, 2025 | 3,133 | $228,146 | 15.4% |
| CRWD | June 30, 2026 | 584 | $228,000 | 5.1% |
| SAP | March 31, 2026 | 929 | $225,664 | 25.4% |
| MDLZ | March 31, 2025 | 3,716 | $221,957 | -5.9% |
| CMG | Sept. 30, 2025 | 3,936 | $221,007 | -10.6% |
| APP | March 31, 2026 | 327 | $220,340 | -22.3% |
| TT | Sept. 30, 2025 | 503 | $220,018 | 8.8% |
| TSN | June 30, 2025 | 3,433 | $219,060 | 6.5% |
| WMB | Sept. 30, 2025 | 3,484 | $218,831 | 17.6% |
| BSX | Dec. 31, 2025 | 2,241 | $218,789 | -45.9% |
| IJK | March 31, 2026 | 2,239 | $216,915 | No longer tracked |
| CDNS | Dec. 31, 2025 | 617 | $216,728 | 0.9% |
| RBC | Sept. 30, 2025 | 563 | $216,643 | 37.9% |
| PYPL | March 31, 2025 | 2,536 | $216,448 | -5.5% |
| MRSH | Sept. 30, 2025 | 984 | $215,142 | -5.6% |
| SPGI | March 31, 2026 | 411 | $214,785 | 0.4% |
| CEG | March 31, 2026 | 606 | $214,082 | -3.8% |
| FCN | Sept. 30, 2025 | 1,324 | $213,826 | -4.5% |
| ZTS | Sept. 30, 2025 | 1,370 | $213,652 | -47.4% |
| SYY | June 30, 2025 | 2,844 | $213,414 | 8.6% |
| WCN | Sept. 30, 2025 | 1,132 | $211,368 | -4.1% |
| STLD | June 30, 2025 | 1,684 | $210,635 | 96.4% |
| PYPL | March 31, 2026 | 3,607 | $210,577 | 36.3% |
| IDXX | March 31, 2026 | 310 | $209,725 | 1.4% |
| MDT | June 30, 2026 | 2,420 | $209,693 | 19.9% |
| DOW | March 31, 2025 | 5,216 | $209,319 | -8.5% |
| NEU | Dec. 31, 2025 | 252 | $208,709 | 38.1% |
| FNDE | Sept. 30, 2025 | 6,316 | $208,492 | No longer tracked |
| GSLC | March 31, 2026 | 1,571 | $207,954 | No longer tracked |
| PRU | Sept. 30, 2025 | 1,932 | $207,575 | 19.7% |
| VRTX | Sept. 30, 2025 | 466 | $207,464 | 38.1% |
| REGN | March 31, 2025 | 291 | $207,289 | 32.5% |
| VXF | March 31, 2025 | 1,089 | $206,889 | No longer tracked |
| NEM | June 30, 2026 | 1,910 | $206,758 | 33.5% |
| SJM | June 30, 2025 | 1,743 | $206,389 | 23.7% |
| SYY | Dec. 31, 2025 | 2,506 | $206,345 | 11.6% |
| D | Sept. 30, 2025 | 3,647 | $206,129 | 12.7% |
| KMX | Sept. 30, 2025 | 3,057 | $205,461 | 31.5% |
| AMT | Dec. 31, 2025 | 1,064 | $204,629 | -0.5% |
| XLF | Dec. 31, 2025 | 3,792 | $204,276 | No longer tracked |
| IJK | March 31, 2025 | 2,239 | $203,593 | No longer tracked |
| BMY | June 30, 2025 | 3,323 | $202,670 | 46.9% |
| USB | Dec. 31, 2025 | 4,181 | $202,068 | 20.9% |
| TEL | March 31, 2026 | 887 | $201,802 | -2.1% |
| PAYX | March 31, 2026 | 1,797 | $201,588 | 33.4% |
| REGN | Sept. 30, 2025 | 382 | $200,550 | 49.5% |
| WM | June 30, 2026 | 872 | $200,377 | 1.8% |
| BRLT | June 30, 2026 | 148,273 | $197,204 | 12.6% |
| EMD | Sept. 30, 2025 | 10,581 | $106,340 | 2.9% |
| PHAT | March 31, 2025 | 10,517 | $85,399 | 54.2% |
| DRIO | Sept. 30, 2025 | 17,850 | $11,960 | -56.6% |