Cohen Klingenstein LLC
Long book
$3.09B
Q1 2026
Positions
205
Top-10 weight
60%
concentration
Last quarter
+14.9%
SPY +14.8%
Turnover
4%
of book per quarter
Strategy in plain words
auto-generated from filingsCohen Klingenstein LLC is an institutional manager, running a $3.09B US long book across 205 positions.
The portfolio is concentrated: the top 10 names carry 60% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, VANGUARD SMALL-CAP GRWTH ETF, INVESCO QQQ TRUST SERIES 1, ISHARES RUSSELL 2000 GROWTH, ELI LILLY & CO.
Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.6%
Q2 2024
+5.2%
Q3 2024
+1.8%
Q4 2024
-4.7%
Q1 2025
+9.8%
Q2 2025
+7.3%
Q3 2025
+4.0%
Q4 2025
-4.8%
Q1 2026
+14.9%
Sector allocation
Technology 36%
Financials 13%
Healthcare 13%
Industrials 10%
Consumer discretionary 10%
Services media 5%
Consumer staples 4%
Other 3%
Long book by quarter
What does Cohen Klingenstein own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| LLY ELI LILLY & CO | Healthcare | 129.1K | $118.7M | 3.8% | -0.7% |
| AAPL APPLE INC | Technology | 466.4K | $118.4M | 3.8% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 521.1K | $108.5M | 3.5% | -3.4% |
| MSFT MICROSOFT CORP | Technology | 285.5K | $105.7M | 3.4% | Held |
| NVDA NVIDIA CORP | Technology | 463.9K | $80.9M | 2.6% | 0.0% |
| GOOGL ALPHABET INC-CL A | Technology | 253.3K | $72.9M | 2.4% | 0.0% |
| GOOG ALPHABET INC-CL C | Technology | 241.2K | $69.2M | 2.2% | Held |
| AVGO BROADCOM INC | Technology | 177.6K | $55.0M | 1.8% | New |
| AXP AMERICAN EXPRESS CO | Financials | 180.2K | $54.5M | 1.8% | -0.7% |
| DIS WALT DISNEY CO/THE | Services media | 551.4K | $53.1M | 1.7% | -0.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 105.7K | $50.7M | 1.6% | Held |
| PEP PEPSICO INC | Consumer staples | 295.9K | $45.9M | 1.5% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 79.5K | $45.5M | 1.5% | -0.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 128.0K | $31.3M | 1.0% | Held |
| UNP UNION PACIFIC CORP | Industrials | 123.9K | $30.1M | 1.0% | Held |
| RTX RTX CORP | Industrials | 154.5K | $29.8M | 1.0% | Held |
| CVX CHEVRON CORP | Energy | 140.3K | $29.0M | 0.9% | -1.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 174.6K | $25.2M | 0.8% | Held |
| YUM YUM! BRANDS INC | Consumer discretionary | 144.9K | $22.5M | 0.7% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 72.7K | $21.4M | 0.7% | Held |
| TSLA TESLA INC | Industrials | 46.5K | $17.3M | 0.6% | Held |
| XOM EXXON MOBIL CORP | Energy | 99.4K | $16.9M | 0.5% | Held |
| AMP AMERIPRISE FINANCIAL INC | Financials | 37.7K | $16.7M | 0.5% | -0.2% |
| CMCSA COMCAST CORP-CLASS A | Communications | 573.2K | $16.5M | 0.5% | Held |
| MRK MERCK & CO. INC. | Healthcare | 124.2K | $14.9M | 0.5% | Held |
| HIG HARTFORD INSURANCE GROUP INC | Financials | 108.1K | $14.6M | 0.5% | Held |
| ITW ILLINOIS TOOL WORKS | Industrials | 54.6K | $14.2M | 0.5% | Held |
| CL COLGATE-PALMOLIVE CO | Other | 166.2K | $14.2M | 0.5% | -1.2% |
| FCX FREEPORT-MCMORAN INC | Materials | 238.2K | $14.0M | 0.5% | Held |
| BAC BANK OF AMERICA CORP | Financials | 277.8K | $13.5M | 0.4% | 0.0% |
| FDX FEDEX CORP | Industrials | 31.4K | $11.2M | 0.4% | Held |
| AMGN AMGEN INC | Healthcare | 31.3K | $11.0M | 0.4% | Held |
| V VISA INC-CLASS A SHARES | Services media | 36.0K | $10.9M | 0.4% | Held |
| ORCL ORACLE CORP | Technology | 72.7K | $10.7M | 0.3% | Held |
| NSC NORFOLK SOUTHERN CORP | Industrials | 35.5K | $10.2M | 0.3% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 126.3K | $9.8M | 0.3% | Held |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 19.6K | $9.6M | 0.3% | Held |
| GE GENERAL ELECTRIC | Industrials | 32.6K | $9.3M | 0.3% | +0.2% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 40.6K | $9.2M | 0.3% | Held |
| GL GLOBE LIFE INC | Financials | 63.1K | $8.8M | 0.3% | Held |
| PANW PALO ALTO NETWORKS INC | Technology | 53.4K | $8.6M | 0.3% | Held |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 107.9K | $8.5M | 0.3% | Held |
| MA MASTERCARD INC - A | Services media | 16.8K | $8.4M | 0.3% | Held |
| IBM INTL BUSINESS MACHINES CORP | Technology | 31.2K | $7.6M | 0.2% | Held |
| WFC WELLS FARGO & CO | Financials | 90.9K | $7.2M | 0.2% | Held |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 43.7K | $7.2M | 0.2% | Held |
| GEV GE VERNOVA INC | Industrials | 8.2K | $7.1M | 0.2% | +0.6% |
| LH LABCORP HOLDINGS INC | Healthcare | 24.7K | $6.6M | 0.2% | Held |
| TEL TE CONNECTIVITY PLC | Consumer discretionary | 31.4K | $6.6M | 0.2% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 6.4K | $6.4M | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 15, 2026 | 205 | $3.09B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 20, 2026 | 207 | $3.29B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 16, 2025 | 204 | $3.19B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 204 | $3.00B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 15, 2025 | 208 | $2.76B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 207 | $2.92B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 16, 2024 | 220 | $2.87B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 15, 2024 | 222 | $2.76B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 12, 2024 | 222 | $2.69B | canonical | SEC ↗ |
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