Skip to main content
Livermore
Livermore
ZHEN

Cohen Klingenstein LLC

SEC CIK
0001453620
Latest filing
Jul 15, 2026

The latest 13F from Cohen Klingenstein LLC covers Q2 2026 (filed Jul 15, 2026): 207 long positions worth $3.49B. The top 10 holdings make up 62.3% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 23.6%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
5
Est. +$12.0M
Added
6
Est. +$128.7K
Reduced
31
Est. −$33.8M
Sold out
3
Est. −$7.85M

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    23.6%$824.9MHistory
  2. Vanguard Morningstar Small-Cap Growth ETF922908595
    6.7%$234.4M
  3. Invesco QQQ Trust Series I46090E103
    6.4%$222.9M
  4. iShares Russell 2000 Growth ETF464287648
    5.5%$190.8M
  5. LLYEli Lilly & Co
    4.4%$154.7MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. MDTMedtronic plc
    +$4.67MNewHistory
  2. HONAHoneywell Aerospace Inc.
    +$4.49MNewHistory
  3. FDXFFedEx Freight Holding Company, Inc.
    +$2.37MNewHistory
  4. WATWaters Corp
    +$223.1KNewHistory
  5. WABWestinghouse Air Brake Technologies Corp
    +$211.1KNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. INTCIntel Corp
    +0.30 pp0.2% → 0.5%History
  2. MDTMedtronic plc
    +0.13 pp0.0% → 0.1%History
  3. HONAHoneywell Aerospace Inc.
    +0.13 pp0.0% → 0.1%History
  4. FDXFFedEx Freight Holding Company, Inc.
    +0.07 pp0.0% → 0.1%History
  5. GLWCorning Inc
    +0.06 pp0.1% → 0.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Morningstar Small-Cap Growth ETF922908595
    −$7.46MReduced
  2. MDTMedtronic plc
    −$5.24MSold outHistory
  3. SPYSPDR S&P 500 ETF Trust
    −$4.70MReducedHistory
  4. HONHoneywell International Inc
    −$4.55MReducedHistory
  5. Invesco QQQ Trust Series I46090E103
    −$4.54MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. CVXChevron Corp
    −0.28 pp0.9% → 0.7%History
  2. DISWalt Disney Co
    −0.21 pp1.7% → 1.5%History
  3. SHELShell plc
    −0.19 pp0.5% → 0.3%History
  4. MDTMedtronic plc
    −0.17 pp0.2% → 0.0%History
  5. HONHoneywell International Inc
    −0.17 pp0.3% → 0.1%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$3.49B
+$402.7M (+13.0%) vs. prior quarter
Positions
207
+2 vs. prior quarter
Top 10 concentration
62.3%
Top 10 as share of value
Turnover
0.4%
Q2 2026, one quarter
Average holding period
21.2 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $3.49B (Q2 2026)

Q1 2021: $2.17BQ2 2021: $2.33BQ3 2021: $2.29BQ4 2021: $2.53BQ1 2022: $2.41BQ2 2022: $1.99BQ3 2022: $1.89BQ4 2022: $1.99BQ1 2023: $2.13BQ2 2023: $2.31BQ3 2023: $2.21BQ4 2023: $2.45BQ1 2024: $2.69BQ2 2024: $2.76BQ3 2024: $2.87BQ4 2024: $2.92BQ1 2025: $2.76BQ2 2025: $3.00BQ3 2025: $3.19BQ4 2025: $3.29BQ1 2026: $3.09BQ2 2026: $3.49B
Q1 2021Q2 2026
13F filings of Cohen Klingenstein LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 15, 2026207$3.49BSPYVanguard Morningstar Small-Cap Growth ETFInvesco QQQ Trust Series Ivs. Q1 2026SEC
Q1 2026Apr 15, 2026205$3.09BSPYVanguard Morningstar Small-Cap Growth ETFInvesco QQQ Trust Series Ivs. Q4 2025SEC
Q4 2025Jan 20, 2026207$3.29BSPYVanguard Morningstar Small-Cap Growth ETFInvesco QQQ Trust Series Ivs. Q3 2025SEC
Q3 2025Oct 16, 2025204$3.19BSPYVanguard Morningstar Small-Cap Growth ETFInvesco QQQ Trust Series Ivs. Q2 2025SEC
Q2 2025Jul 18, 2025204$3.00BSPYVanguard Morningstar Small-Cap Growth ETFInvesco QQQ Trust Series Ivs. Q1 2025SEC
Q1 2025Apr 15, 2025208$2.76BSPYVanguard Morningstar Small-Cap Growth ETFInvesco QQQ Trust Series Ivs. Q4 2024SEC
Q4 2024Jan 15, 2025207$2.92BSPYVanguard Morningstar Small-Cap Growth ETFInvesco QQQ Trust Series Ivs. Q3 2024SEC
Q3 2024Oct 16, 2024220$2.87BSPYAAPLiShares Russell 2000 Growth ETFvs. Q2 2024SEC
Q2 2024Jul 15, 2024222$2.76BSPYInvesco QQQ Trust Series IMSFTvs. Q1 2024SEC
Q1 2024Apr 12, 2024222$2.69BSPYiShares Russell 2000 Growth ETFInvesco QQQ Trust Series Ivs. Q4 2023SEC
Q4 2023Jan 16, 2024222$2.45BSPYiShares Russell 2000 Growth ETFInvesco QQQ Trust Series Ivs. Q3 2023SEC
Q3 2023Oct 13, 2023221$2.21BSPYiShares Russell 2000 Growth ETFInvesco QQQ Trust Series Ivs. Q2 2023SEC
Q2 2023Jul 14, 2023221$2.31BSPYiShares Russell 2000 Growth ETFAAPLvs. Q1 2023SEC
Q1 2023Apr 14, 2023220$2.13BSPYiShares Russell 2000 Growth ETFInvesco QQQ Trust Series Ivs. Q4 2022SEC
Q4 2022Jan 13, 2023220$1.99BSPYiShares Russell 2000 Growth ETFInvesco QQQ Trust Series Ivs. Q3 2022SEC
Q3 2022Oct 12, 2022227$1.89BSPYiShares Russell 2000 Growth ETFInvesco QQQ Trust Series Ivs. Q2 2022SEC
Q2 2022Jul 15, 2022225$1.99BSPYiShares Russell 2000 Growth ETFInvesco QQQ Trust Series Ivs. Q1 2022SEC
Q1 2022Apr 14, 2022227$2.41BSPYiShares Russell 2000 Growth ETFInvesco QQQ Trust Series Ivs. Q4 2021SEC
Q4 2021Jan 14, 2022228$2.53BSPYiShares Russell 2000 Growth ETFInvesco QQQ Trust Series Ivs. Q3 2021SEC
Q3 2021Oct 15, 2021245$2.29BSPYiShares Russell 2000 Growth ETFInvesco QQQ Trust Series Ivs. Q2 2021SEC
Q2 2021Jul 16, 2021239$2.33BiShares Russell 2000 Growth ETFDISInvesco QQQ Trust Series Ivs. Q1 2021SEC
Q1 2021Apr 15, 2021238$2.17BiShares Russell 2000 Growth ETFDISInvesco QQQ Trust Series I–SEC