Klingman & Associates 13F annual report
Klingman & Associates is an investment fund managing more than $1.39 trillion ran by Michael Paley. There are currently 156 companies in Mr. Paley’s portfolio. The largest investments include Ishares Tr and Spdr S&p 500 Etf Tr, together worth $675 billion.
$1.39 trillion Assets Under Management (AUM)
As of 23rd July 2024, Klingman & Associates’s top holding is 7,564,232 shares of Ishares Tr currently worth over $609 billion and making up 43.9% of the portfolio value.
In addition, the fund holds 125,206 shares of Spdr S&p 500 Etf Tr worth $65.5 billion.
The third-largest holding is Vanguard Malvern Fds worth $57.9 billion and the next is Spdr Ser Tr worth $224 billion, with 3,107,849 shares owned.
Currently, Klingman & Associates's portfolio is worth at least $1.39 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Klingman & Associates
The Klingman & Associates office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Paley serves as the CCO at Klingman & Associates.
Recent trades
In the most recent 13F filing, Klingman & Associates revealed that it had opened a new position in
Coupang and bought 59,449 shares worth $1.06 billion.
This means they effectively own approximately 0.1% of the company.
Coupang makes up
1.8%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
2,062,084 additional shares.
This makes their stake in Ishares Tr total 7,564,232 shares worth $609 billion.
On the other hand, there are companies that Klingman & Associates is getting rid of from its portfolio.
Klingman & Associates closed its position in Ishares Tr on 30th July 2024.
It sold the previously owned 2,088,259 shares for $48.5 billion.
Michael Paley also disclosed a decreased stake in Spdr S&p 500 Etf Tr by approximately 0.1%.
This leaves the value of the investment at $65.5 billion and 125,206 shares.
One of the largest hedge funds
The two most similar investment funds to Klingman & Associates are Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv and Visionary Wealth Advisors. They manage $1.48 trillion and $1.48 trillion respectively.
Michael Paley investment strategy
Klingman & Associates’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 4.2% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
44% of the total holdings value.
On the other hand, small-cap stocks make up only 2.6% of the portfolio.
The average market cap of the portfolio companies is close to $192 billion.
The complete list of Klingman & Associates trades based on 13F SEC filings
These positions were updated on July 30th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Tr |
37.48%
7,564,232
|
$609,373,767,000 | 43.90% |
| Spdr S&p 500 Etf Tr |
1.73%
125,206
|
$65,491,521,000 | 4.72% |
| Vanguard Malvern Fds |
8.37%
1,209,631
|
$57,929,246,000 | 4.17% |
| Spdr Ser Tr |
2.35%
3,107,849
|
$223,997,407,000 | 16.14% |
| Apple Inc |
2.55%
240,426
|
$41,228,184,000 | 2.97% |
| Vanguard Tax-managed Fds |
12.33%
639,587
|
$32,088,093,000 | 2.31% |
| Invesco Exchange Traded Fd T |
2.03%
736,017
|
$30,426,922,000 | 2.19% |
| Spdr S&p Midcap 400 Etf Tr |
2.41%
44,646
|
$24,841,037,000 | 1.79% |
| Ishares Tr |
Closed
2,088,259
|
$48,522,487,000 | |
| Invesco Exch Traded Fd Tr Ii |
5.67%
405,324
|
$31,470,943,000 | 2.27% |
| Vanguard Intl Equity Index F |
11.21%
564,672
|
$24,312,188,000 | 1.75% |
| Datadog Inc |
13.90%
173,214
|
$21,409,251,000 | 1.54% |
| Citizens Finl Group Inc |
26.89%
420,721
|
$15,267,966,000 | 1.10% |
| PJT Partners Inc |
52.05%
157,056
|
$14,804,099,000 | 1.07% |
| Microsoft Corporation |
5.09%
26,910
|
$11,321,786,000 | 0.82% |
| Vanguard Index Fds |
4.55%
136,702
|
$26,991,845,000 | 1.94% |
| Flexshares Tr |
51.82%
462,870
|
$10,993,163,000 | 0.79% |
| Ishares Inc |
36.68%
168,103
|
$8,813,482,000 | 0.63% |
| Amazon.com Inc. |
8.39%
39,007
|
$7,036,083,000 | 0.51% |
| Jones Lang Lasalle Inc. |
28.86%
35,013
|
$6,830,687,000 | 0.49% |
| Crocs Inc |
40.65%
28,297
|
$4,069,109,000 | 0.29% |
| Applied Matls Inc |
10.89%
17,994
|
$3,710,903,000 | 0.27% |
| Berkshire Hathaway Inc. |
2.39%
8,804
|
$4,336,278,000 | 0.31% |
| Dimensional Etf Trust |
31.35%
174,874
|
$8,225,950,000 | 0.59% |
| Mastercard Incorporated |
1.55%
7,379
|
$3,553,506,000 | 0.26% |
| Exxon Mobil Corp. |
2.16%
25,644
|
$2,980,859,000 | 0.21% |
| Brown & Brown, Inc. |
No change
33,535
|
$2,935,654,000 | 0.21% |
| J P Morgan Exchange Traded F |
42.60%
101,375
|
$5,128,724,000 | 0.37% |
| Johnson & Johnson |
1.14%
15,679
|
$2,480,262,000 | 0.18% |
| Alphabet Inc |
9.37%
32,053
|
$4,859,023,000 | 0.35% |
| JPMorgan Chase & Co. |
3.64%
11,553
|
$2,314,128,000 | 0.17% |
| Home Depot, Inc. |
0.37%
5,722
|
$2,194,960,000 | 0.16% |
| Ishares U S Etf Tr |
No change
43,163
|
$2,178,005,000 | 0.16% |
| NVIDIA Corp |
6.44%
2,347
|
$2,120,656,000 | 0.15% |
| Pimco Etf Tr |
No change
20,500
|
$2,061,070,000 | 0.15% |
| Meta Platforms Inc |
4.34%
3,950
|
$1,918,057,000 | 0.14% |
| Blackstone Inc |
2.90%
13,407
|
$1,761,214,000 | 0.13% |
| Vanguard Admiral Fds Inc |
0.00%
25,833
|
$2,644,525,000 | 0.19% |
| Abbvie Inc |
0.63%
8,292
|
$1,509,974,000 | 0.11% |
| General Electric Co |
1.35%
8,553
|
$1,501,309,000 | 0.11% |
| Oracle Corp. |
0.01%
11,198
|
$1,406,581,000 | 0.10% |
| Procter And Gamble Co |
4.73%
8,578
|
$1,391,789,000 | 0.10% |
| Raymond James Finl Inc |
14.95%
10,409
|
$1,336,724,000 | 0.10% |
| Schwab Strategic Tr |
3.05%
53,040
|
$2,821,551,000 | 0.20% |
| Merck & Co Inc |
52.53%
8,900
|
$1,174,355,000 | 0.08% |
| Vanguard Specialized Funds |
7.03%
6,427
|
$1,173,640,000 | 0.08% |
| Vanguard Scottsdale Fds |
8.28%
20,060
|
$1,164,885,000 | 0.08% |
| Tjx Cos Inc New |
4.33%
11,051
|
$1,120,793,000 | 0.08% |
| Automatic Data Processing In |
No change
4,476
|
$1,117,837,000 | 0.08% |
| United Bankshares Inc West V |
1.12%
30,596
|
$1,095,031,000 | 0.08% |
| Coupang, Inc. |
Opened
59,449
|
$1,057,598,000 | 0.08% |
| Vanguard Whitehall Fds |
11.47%
8,630
|
$1,044,144,000 | 0.08% |
| Visa Inc |
3.40%
3,717
|
$1,037,341,000 | 0.07% |
| Golub Cap Bdc Inc |
11.30%
62,050
|
$1,031,892,000 | 0.07% |
| Eli Lilly & Co |
3.71%
1,286
|
$1,000,457,000 | 0.07% |
| Ross Stores, Inc. |
9.51%
6,319
|
$927,377,000 | 0.07% |
| NextEra Energy Inc |
2.95%
14,462
|
$924,267,000 | 0.07% |
| Oreilly Automotive Inc |
6.43%
801
|
$904,233,000 | 0.07% |
| Compass, Inc. |
No change
237,009
|
$853,233,000 | 0.06% |
| Intel Corp. |
4.77%
18,756
|
$828,453,000 | 0.06% |
| Abbott Labs |
6.64%
7,194
|
$817,671,000 | 0.06% |
| Costco Whsl Corp New |
0.09%
1,092
|
$800,032,000 | 0.06% |
| Lockheed Martin Corp. |
0.64%
1,706
|
$776,009,000 | 0.06% |
| American Centy Etf Tr |
12.84%
8,105
|
$759,506,000 | 0.05% |
| Mcdonalds Corp |
4.87%
2,626
|
$740,401,000 | 0.05% |
| International Business Machs |
8.20%
3,602
|
$687,838,000 | 0.05% |
| Hershey Company |
0.49%
3,491
|
$679,000,000 | 0.05% |
| Tesla Inc |
0.54%
3,739
|
$657,279,000 | 0.05% |
| Adobe Inc |
15.50%
1,287
|
$649,421,000 | 0.05% |
| Broadcom Inc. |
40.47%
481
|
$637,523,000 | 0.05% |
| Netflix Inc. |
2.37%
1,038
|
$630,409,000 | 0.05% |
| Chevron Corp. |
0.57%
3,680
|
$580,484,000 | 0.04% |
| Pepsico Inc |
26.01%
3,226
|
$564,583,000 | 0.04% |
| Schwab Strategic Tr |
Opened
8,977
|
$557,113,000 | 0.04% |
| Wisdomtree Tr |
0.42%
17,664
|
$990,024,000 | 0.07% |
| Verizon Communications Inc |
8.09%
13,125
|
$550,725,000 | 0.04% |
| Union Pac Corp |
4.47%
2,201
|
$541,292,000 | 0.04% |
| Royal Bk Cda |
2.69%
5,248
|
$529,419,000 | 0.04% |
| Vanguard Index Fds |
Closed
3,572
|
$511,975,000 | |
| Select Sector Spdr Tr |
5.07%
2,435
|
$507,138,000 | 0.04% |
| Walmart Inc |
218.91%
8,349
|
$502,360,000 | 0.04% |
| Honeywell International Inc |
1.63%
2,420
|
$496,705,000 | 0.04% |
| Sysco Corp. |
0.65%
6,001
|
$487,162,000 | 0.04% |
| Cisco Sys Inc |
13.66%
9,495
|
$473,908,000 | 0.03% |
| Disney Walt Co |
13.89%
3,854
|
$471,576,000 | 0.03% |
| Ppg Inds Inc |
0.55%
3,243
|
$469,911,000 | 0.03% |
| Unitedhealth Group Inc |
10.56%
949
|
$469,471,000 | 0.03% |
| Booking Holdings Inc |
13.42%
129
|
$467,997,000 | 0.03% |
| United Rentals, Inc. |
38.34%
648
|
$467,280,000 | 0.03% |
| Vanguard Star Fds |
0.19%
7,733
|
$466,300,000 | 0.03% |
| Ishares Tr |
Opened
15,839
|
$661,556,000 | 0.05% |
| Jacobs Solutions Inc |
0.34%
2,935
|
$451,198,000 | 0.03% |
| Ford Mtr Co Del |
14.06%
33,849
|
$449,515,000 | 0.03% |
| Danaher Corp. |
0.78%
1,786
|
$446,000,000 | 0.03% |
| Truist Finl Corp |
6.69%
11,257
|
$438,798,000 | 0.03% |
| Lowes Cos Inc |
23.21%
1,707
|
$434,825,000 | 0.03% |
| Blackstone Secd Lending Fd |
No change
13,700
|
$426,755,000 | 0.03% |
| Coca-Cola Co |
7.92%
6,864
|
$419,940,000 | 0.03% |
| CVS Health Corp |
2.28%
5,258
|
$419,379,000 | 0.03% |
| Accenture Plc Ireland |
20.62%
1,205
|
$417,666,000 | 0.03% |
| Salesforce Inc |
0.44%
1,385
|
$417,135,000 | 0.03% |
| Linde Plc. |
4.57%
892
|
$414,174,000 | 0.03% |
| Elme Communities |
0.17%
29,750
|
$414,120,000 | 0.03% |
| Credit Accep Corp Mich |
No change
731
|
$403,184,000 | 0.03% |
| Williams-Sonoma, Inc. |
Opened
1,253
|
$397,866,000 | 0.03% |
| L3Harris Technologies Inc |
0.43%
1,854
|
$395,088,000 | 0.03% |
| Advanced Micro Devices Inc. |
Opened
2,042
|
$368,561,000 | 0.03% |
| General Mls Inc |
6.26%
5,262
|
$368,183,000 | 0.03% |
| Activision Blizzard Inc |
Closed
3,925
|
$367,498,000 | |
| Spdr Gold Tr |
2.21%
1,768
|
$363,713,000 | 0.03% |
| Bank America Corp |
3.92%
9,470
|
$359,103,000 | 0.03% |
| AMGEN Inc. |
6.39%
1,248
|
$354,832,000 | 0.03% |
| AT&T Inc. |
7.89%
19,889
|
$350,040,000 | 0.03% |
| Franklin Bsp Rlty Tr Inc |
1.79%
25,695
|
$343,283,000 | 0.02% |
| Blackrock Floating Rate Inco |
25.67%
26,033
|
$336,345,000 | 0.02% |
| Natura &co Hldg S A |
Closed
56,777
|
$327,604,000 | |
| F5 Inc |
0.47%
1,719
|
$325,906,000 | 0.02% |
| Thermo Fisher Scientific Inc. |
5.32%
552
|
$320,828,000 | 0.02% |
| Equity Residential |
2.87%
5,079
|
$320,536,000 | 0.02% |
| Goldman Sachs Group, Inc. |
2.32%
758
|
$316,745,000 | 0.02% |
| Moderna Inc |
Opened
2,888
|
$307,746,000 | 0.02% |
| Colgate-Palmolive Co. |
0.39%
3,363
|
$302,839,000 | 0.02% |
| Deere & Co. |
2.16%
711
|
$292,037,000 | 0.02% |
| Oaktree Specialty Lending Co |
No change
14,850
|
$291,951,000 | 0.02% |
| Schwab Charles Corp |
2.57%
3,834
|
$277,352,000 | 0.02% |
| Hilton Worldwide Holdings Inc |
Opened
1,296
|
$276,450,000 | 0.02% |
| CSX Corp. |
0.26%
7,391
|
$273,985,000 | 0.02% |
| Comcast Corp New |
1.86%
6,252
|
$271,007,000 | 0.02% |
| The Southern Co. |
0.91%
3,761
|
$269,815,000 | 0.02% |
| Ge Healthcare Technologies I |
Opened
2,897
|
$263,367,000 | 0.02% |
| Novartis AG |
No change
2,715
|
$262,622,000 | 0.02% |
| Consolidated Edison, Inc. |
1.79%
2,839
|
$257,810,000 | 0.02% |
| Philip Morris International Inc |
0.51%
2,750
|
$251,997,000 | 0.02% |
| Starbucks Corp. |
2.65%
2,754
|
$251,689,000 | 0.02% |
| Alliant Energy Corp. |
3.91%
4,945
|
$249,228,000 | 0.02% |
| Bhp Group Ltd |
0.92%
4,306
|
$248,414,000 | 0.02% |
| Mondelez International Inc. |
3.90%
3,513
|
$245,910,000 | 0.02% |
| Select Sector Spdr Tr |
Closed
2,719
|
$245,771,000 | |
| Qualcomm, Inc. |
Opened
1,446
|
$244,808,000 | 0.02% |
| Carmax Inc |
Opened
2,785
|
$242,602,000 | 0.02% |
| Regeneron Pharmaceuticals, Inc. |
2.87%
251
|
$241,585,000 | 0.02% |
| Caterpillar Inc. |
Opened
648
|
$237,447,000 | 0.02% |
| Rio Tinto plc |
No change
3,724
|
$237,368,000 | 0.02% |
| Pfizer Inc. |
32.84%
8,379
|
$232,518,000 | 0.02% |
| Novo-nordisk A S |
Opened
1,792
|
$230,093,000 | 0.02% |
| Greenbrier Cos., Inc. |
Opened
4,400
|
$229,240,000 | 0.02% |
| Smucker J M Co |
3.32%
1,803
|
$226,944,000 | 0.02% |
| Parker-Hannifin Corp. |
Opened
407
|
$226,207,000 | 0.02% |
| Broadstone Net Lease, Inc. |
1.06%
14,288
|
$223,893,000 | 0.02% |
| Cognizant Technology Solutio |
Opened
2,895
|
$212,175,000 | 0.02% |
| Corning, Inc. |
Opened
6,333
|
$208,736,000 | 0.02% |
| Morgan Stanley |
Opened
2,206
|
$207,717,000 | 0.01% |
| Camden Ppty Tr |
Opened
2,064
|
$203,098,000 | 0.01% |
| Intuitive Surgical Inc |
Opened
508
|
$202,738,000 | 0.01% |
| Texas Instrs Inc |
Opened
1,150
|
$200,342,000 | 0.01% |
| Nuveen Floating Rate Income |
No change
20,143
|
$175,853,000 | 0.01% |
| Enhabit, Inc. |
No change
15,000
|
$174,750,000 | 0.01% |
| Blackrock Munihldgs Ny Qlty |
Closed
14,485
|
$132,249,000 | |
| Western Asset Emerging Mkts |
7.36%
12,581
|
$120,904,000 | 0.01% |
| Phathom Pharmaceuticals Inc |
Opened
10,376
|
$110,194,000 | 0.01% |
| Gritstone Bio Inc |
Opened
34,786
|
$89,401,000 | 0.01% |
| DarioHealth Corp |
No change
17,850
|
$27,311,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 162 holdings | |||
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