Klingman & Associates, LLC
Long book
$2.06B
Q1 2026
Positions
330
Top-10 weight
52%
concentration
Last quarter
+12.4%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsKlingman & Associates, LLC is a wealth-management firm allocating client money, running a $2.06B US long book across 330 positions.
The portfolio is concentrated: the top 10 names carry 52% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, VANGUARD SHORT-TERM TIPS, ISHARES CORE S&P MIDCAP ETF, ISHARES CORE MSCI EAFE ETF, VANGUARD FTSE DEVELOPED ETF.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.1%
Q2 2024
+6.7%
Q3 2024
+0.5%
Q4 2024
-2.9%
Q1 2025
+7.4%
Q2 2025
+7.1%
Q3 2025
+2.5%
Q4 2025
-1.1%
Q1 2026
+12.4%
Sector allocation
Technology 45%
Financials 19%
Consumer discretionary 9%
Industrials 7%
Healthcare 5%
Services media 3%
Energy 3%
Other 3%
Long book by quarter
What does Klingman & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 269.8K | $68.5M | 3.3% | -0.8% |
| CFG CITIZENS FINANCIAL GROUP | Financials | 456.9K | $27.4M | 1.3% | +7.0% |
| MSFT MICROSOFT CORP | Technology | 37.2K | $13.8M | 0.7% | +3.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 58.4K | $12.2M | 0.6% | +1.8% |
| NVDA NVIDIA CORP | Technology | 66.9K | $11.7M | 0.6% | +4.0% |
| DDOG DATADOG INC - CLASS A | Technology | 82.2K | $9.7M | 0.5% | +0.5% |
| GOOG ALPHABET INC-CL C | Technology | 31.0K | $8.9M | 0.4% | +1.3% |
| GOOGL ALPHABET INC-CL A | Technology | 27.4K | $7.9M | 0.4% | +3.1% |
| JPM JPMORGAN CHASE & CO | Financials | 25.8K | $7.6M | 0.4% | -9.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 13.9K | $6.7M | 0.3% | -0.1% |
| XOM EXXON MOBIL CORP | Energy | 38.9K | $6.6M | 0.3% | -1.5% |
| JLL JONES LANG LASALLE INC | Real estate | 19.0K | $5.8M | 0.3% | -19.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 18.1K | $4.4M | 0.2% | +1.6% |
| AVGO BROADCOM INC | Technology | 13.9K | $4.3M | 0.2% | +5.8% |
| MA MASTERCARD INC - A | Services media | 7.8K | $3.9M | 0.2% | +0.5% |
| META META PLATFORMS INC-CLASS A | Technology | 6.7K | $3.8M | 0.2% | +3.3% |
| AMAT APPLIED MATERIALS INC | Technology | 10.5K | $3.6M | 0.2% | +0.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 3.4K | $3.4M | 0.2% | +3.0% |
| TSLA TESLA INC | Industrials | 8.1K | $3.0M | 0.1% | +2.4% |
| ABBV ABBVIE INC | Healthcare | 13.1K | $2.9M | 0.1% | -0.4% |
| V VISA INC-CLASS A SHARES | Services media | 9.1K | $2.8M | 0.1% | -0.8% |
| GE GENERAL ELECTRIC | Industrials | 9.6K | $2.7M | 0.1% | +0.9% |
| CROX CROCS INC | Other | 30.1K | $2.5M | 0.1% | +1.2% |
| TJX TJX COMPANIES INC | Consumer discretionary | 15.1K | $2.4M | 0.1% | +1.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 15.6K | $2.2M | 0.1% | +0.7% |
| GEV GE VERNOVA INC | Industrials | 2.5K | $2.2M | 0.1% | +3.9% |
| ORCL ORACLE CORP | Technology | 14.7K | $2.2M | 0.1% | +1.8% |
| C CITIGROUP INC | Financials | 19.0K | $2.2M | 0.1% | +1.5% |
| LLY ELI LILLY & CO | Healthcare | 2.3K | $2.1M | 0.1% | +0.3% |
| WMT WALMART INC | Consumer discretionary | 16.7K | $2.1M | 0.1% | +2.7% |
| HD HOME DEPOT INC | Consumer discretionary | 6.2K | $2.0M | 0.1% | -4.8% |
| PJT PJT PARTNERS INC - A | Financials | 14.2K | $2.0M | 0.1% | +106.9% |
| CAT CATERPILLAR INC | Industrials | 2.8K | $2.0M | 0.1% | +3.2% |
| RJF RAYMOND JAMES FINANCIAL INC | Financials | 12.2K | $1.8M | 0.1% | +0.1% |
| MCD MCDONALD'S CORP | Consumer discretionary | 5.4K | $1.7M | 0.1% | +1.4% |
| NEE NEXTERA ENERGY INC | Utilities | 18.0K | $1.7M | 0.1% | +2.4% |
| NFLX NETFLIX INC | Services media | 16.9K | $1.6M | 0.1% | +12.0% |
| KO COCA-COLA CO/THE | Consumer staples | 21.2K | $1.6M | 0.1% | +2.4% |
| BX BLACKSTONE INC | Financials | 13.4K | $1.5M | 0.1% | +6.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 332 | $2.09B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 326 | $2.07B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 27, 2025 | 319 | $1.98B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 30, 2025 | 314 | $1.81B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 263 | $1.63B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 256 | $1.63B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 1, 2024 | 265 | $1.61B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 30, 2024 | 250 | $1.48B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 1, 2024 | 238 | $1.44B | canonical | SEC ↗ |