Karpas Strategies 13F annual report
Karpas Strategies is an investment fund managing more than $319 billion ran by Zachary Chernus. There are currently 117 companies in Mr. Chernus’s portfolio. The largest investments include Brookfield Corp Cl A Ltd Vt Sh and Johnson & Johnson Com, together worth $48.9 billion.
$319 billion Assets Under Management (AUM)
As of 23rd July 2024, Karpas Strategies’s top holding is 717,839 shares of Brookfield Corp Cl A Ltd Vt Sh currently worth over $29.8 billion and making up 9.4% of the portfolio value.
In addition, the fund holds 130,223 shares of Johnson & Johnson Com worth $19 billion.
The third-largest holding is Charles Schwab Corp Com worth $18.5 billion and the next is Merck & Co Inc worth $16.5 billion, with 133,008 shares owned.
Currently, Karpas Strategies's portfolio is worth at least $319 billion. 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 Karpas Strategies
The Karpas Strategies office and employees reside in Litchfield, Connecticut. According to the last 13-F report filed with the SEC, Zachary Chernus serves as the Manager at Karpas Strategies.
Recent trades
In the most recent 13F filing, Karpas Strategies revealed that it had opened a new position in
Jpmorgan U.s. Quality Factor Etf and bought 39,569 shares worth $2.1 billion.
The investment fund also strengthened its position in Brookfield Corp Cl A Ltd Vt Sh by buying
14,140 additional shares.
This makes their stake in Brookfield Corp Cl A Ltd Vt Sh total 717,839 shares worth $29.8 billion.
On the other hand, Zachary Chernus disclosed a decreased stake in Johnson & Johnson Com by approximately 0.1%.
This leaves the value of the investment at $19 billion and 130,223 shares.
One of the smaller hedge funds
The two most similar investment funds to Karpas Strategies are Xcel Wealth Management and Panview Asian Equity Master Fund. They manage $319 billion and $319 billion respectively.
Zachary Chernus investment strategy
Karpas Strategies’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 6.9% of
the total portfolio value.
The fund focuses on investments in the United States as
17.9% 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
15% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $188 billion.
The complete list of Karpas Strategies 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 |
|---|---|---|---|
| Brookfield Corp Cl A Ltd Vt Sh |
2.01%
717,839
|
$29,819,032,000 | 9.35% |
| Johnson & Johnson Com |
0.55%
130,223
|
$19,033,373,000 | 5.97% |
| Charles Schwab Corp Com |
0.04%
251,003
|
$18,496,412,000 | 5.80% |
| Merck & Co Inc |
0.05%
133,008
|
$16,466,340,000 | 5.16% |
| Oneok Inc New Com |
0.24%
194,324
|
$15,847,117,000 | 4.97% |
| Berkshire Hathaway Inc Del Cl B New |
0.36%
25,051
|
$10,190,747,000 | 3.20% |
| Brookfield Asset Managmt Ltd Cl A Lmt Vtg Shs |
0.39%
264,538
|
$10,065,671,000 | 3.16% |
| Texas Instrs Inc Com |
No change
47,666
|
$9,272,467,000 | 2.91% |
| Brookfield Infrast Partners Lp Lp Int Unit |
0.25%
297,083
|
$8,151,958,000 | 2.56% |
| Mplx Lp Com Unit Rep Ltd |
1.14%
176,557
|
$7,519,578,000 | 2.36% |
| Cimpress Plc Shs Euro |
0.38%
82,056
|
$7,188,926,000 | 2.25% |
| Fiserv, Inc. |
0.53%
45,035
|
$6,712,016,000 | 2.11% |
| Microsoft Corp Com |
2.33%
13,654
|
$6,102,623,000 | 1.91% |
| Liberty Global Ltd Com Cl C |
0.43%
339,339
|
$6,057,201,000 | 1.90% |
| Jefferies Finl Group Inc Com |
1.34%
111,775
|
$5,561,924,000 | 1.74% |
| Enstar Group Limited Shs |
0.89%
17,823
|
$5,448,491,000 | 1.71% |
| Brookfield Renewable Partners Partnership Unit |
1.05%
216,760
|
$5,369,145,000 | 1.68% |
| Walt Disney Co Com |
No change
50,512
|
$5,015,302,000 | 1.57% |
| Comcast Corp New Cl A |
2.83%
116,638
|
$4,567,558,000 | 1.43% |
| Berkshire Hathaway Inc. |
No change
7
|
$4,285,687,000 | 1.34% |
| Exxon Mobil Corp Com |
0.08%
37,202
|
$4,282,658,000 | 1.34% |
| Jpmorgan Chase & Co. Com |
0.19%
18,705
|
$3,783,300,000 | 1.19% |
| Wells Fargo Co New Com |
5.81%
62,605
|
$3,718,098,000 | 1.17% |
| Wp Carey Inc Com |
0.37%
67,271
|
$3,703,273,000 | 1.16% |
| Annaly Capital Management Inc Com New |
10.51%
188,133
|
$3,585,810,000 | 1.12% |
| Pfizer Inc. |
0.00%
127,003
|
$3,553,551,000 | 1.11% |
| Chubb Limited Com |
No change
13,015
|
$3,319,866,000 | 1.04% |
| Apple Inc |
0.67%
15,682
|
$3,302,956,000 | 1.04% |
| Dimensional Us High Profitability Etf |
39.79%
98,381
|
$3,147,198,000 | 0.99% |
| Citigroup Inc Com New |
11.70%
48,334
|
$3,067,278,000 | 0.96% |
| Blackstone Secd Lending Fd Common Stock |
2.33%
99,713
|
$3,053,220,000 | 0.96% |
| Apollo Global Mgmt Inc Com |
No change
25,000
|
$2,951,750,000 | 0.93% |
| Conocophillips Com |
No change
23,680
|
$2,708,518,000 | 0.85% |
| Brookfield Infrastructure Corp Com Sb Vtg Shs A |
2.04%
77,525
|
$2,609,492,000 | 0.82% |
| Enbridge Inc |
1.64%
72,070
|
$2,564,971,000 | 0.80% |
| Kinder Morgan Inc Del Com |
0.74%
118,054
|
$2,345,729,000 | 0.74% |
| Chevron Corp New Com |
1.13%
14,896
|
$2,330,021,000 | 0.73% |
| Rayonier Inc. |
0.17%
78,546
|
$2,284,892,000 | 0.72% |
| Us Bancorp Del Com New |
0.06%
55,973
|
$2,222,120,000 | 0.70% |
| Jpmorgan U.s. Quality Factor Etf |
Opened
39,569
|
$2,095,179,000 | 0.66% |
| Howard Hughes Holdings Inc Com |
0.58%
32,033
|
$2,076,379,000 | 0.65% |
| Waste Mgmt Inc Del Com |
0.23%
8,804
|
$1,878,343,000 | 0.59% |
| Martin Marietta Matls Inc Com |
0.06%
3,368
|
$1,824,629,000 | 0.57% |
| American Express Co Com |
2.58%
7,600
|
$1,759,675,000 | 0.55% |
| Brookfield Renewable Corp Cl A Sub Vtg |
1.00%
60,447
|
$1,715,486,000 | 0.54% |
| Coca Cola Co Com |
0.01%
25,650
|
$1,632,635,000 | 0.51% |
| Ge Aerospace Com New |
0.03%
9,990
|
$1,588,176,000 | 0.50% |
| Lumen Technologies, Inc. |
0.27%
1,368,478
|
$1,505,325,000 | 0.47% |
| NextEra Energy Inc |
0.24%
20,647
|
$1,462,013,000 | 0.46% |
| Deere & Co Com |
2.47%
3,871
|
$1,446,201,000 | 0.45% |
| Blackstone Mtg Tr Inc Com Cl A |
3.07%
81,280
|
$1,415,890,000 | 0.44% |
| Bristol-myers Squibb Co Com |
0.05%
33,259
|
$1,381,258,000 | 0.43% |
| Bank New York Mellon Corp Com |
0.13%
22,278
|
$1,334,251,000 | 0.42% |
| Phillips 66 Com |
No change
8,903
|
$1,256,837,000 | 0.39% |
| Honeywell Intl Inc Com |
0.36%
5,645
|
$1,205,520,000 | 0.38% |
| White Mtns Ins Group Ltd Com |
No change
659
|
$1,198,293,000 | 0.38% |
| Hsbc Hldgs Plc Spon Adr New |
No change
27,200
|
$1,183,200,000 | 0.37% |
| Abbott Labs Com |
No change
10,784
|
$1,120,565,000 | 0.35% |
| Dimensional U.s. Small Cap Etf |
17.78%
17,702
|
$1,063,536,000 | 0.33% |
| Eastgroup Pptys Inc Com |
1.97%
6,225
|
$1,058,873,000 | 0.33% |
| Abbvie Inc |
No change
6,144
|
$1,053,819,000 | 0.33% |
| Procter And Gamble Co Com |
2.08%
6,258
|
$1,032,037,000 | 0.32% |
| CME Group Inc |
No change
5,000
|
$983,000,000 | 0.31% |
| Markel Group Inc |
5.78%
620
|
$976,909,000 | 0.31% |
| Nvidia Corporation Com |
900.00%
7,850
|
$969,789,000 | 0.30% |
| AT&T Inc. |
1.76%
49,327
|
$942,646,000 | 0.30% |
| Cvs Health Corp Com |
0.57%
14,714
|
$869,029,000 | 0.27% |
| Dimensional Us Small Cap Value Etf |
Opened
29,415
|
$846,564,000 | 0.27% |
| CSW Industrials Inc |
No change
3,000
|
$795,930,000 | 0.25% |
| Lockheed Martin Corp Com |
0.36%
1,652
|
$771,506,000 | 0.24% |
| Mcdonalds Corp Com |
0.52%
2,519
|
$641,852,000 | 0.20% |
| Shell Plc Spon Ads |
No change
8,852
|
$638,937,000 | 0.20% |
| Alliancebernstein Hldg L P Unit Ltd Partn |
0.83%
18,670
|
$630,858,000 | 0.20% |
| Travelers Companies Inc. |
No change
2,840
|
$577,486,000 | 0.18% |
| General Mtrs Co Com |
0.15%
12,238
|
$568,555,000 | 0.18% |
| Pepsico Inc Com |
0.85%
3,442
|
$567,756,000 | 0.18% |
| Walmart Inc |
0.52%
8,166
|
$552,888,000 | 0.17% |
| Zimmer Biomet Holdings Inc |
No change
4,960
|
$538,309,000 | 0.17% |
| Wyndham Hotels & Resorts Inc |
2.72%
7,251
|
$536,547,000 | 0.17% |
| Bp Plc Sponsored Adr |
No change
14,584
|
$526,482,000 | 0.17% |
| Eli Lilly & Co Com |
No change
577
|
$521,952,000 | 0.16% |
| Weyerhaeuser Co Mtn Be Com New |
0.12%
17,794
|
$505,180,000 | 0.16% |
| Hartford Finl Svcs Group Inc Com |
No change
5,000
|
$502,700,000 | 0.16% |
| Amazon.com Inc. |
2.99%
2,595
|
$501,484,000 | 0.16% |
| International Business Machs Com |
0.17%
2,879
|
$497,894,000 | 0.16% |
| Liberty Broadband Corp Com Ser C |
No change
8,699
|
$476,879,000 | 0.15% |
| Marriott Intl Inc New Cl A |
0.46%
1,965
|
$475,053,000 | 0.15% |
| National Westn Life Group Inc Cl A |
No change
927
|
$460,628,000 | 0.14% |
| Ameriprise Finl Inc Com |
1.42%
1,075
|
$459,229,000 | 0.14% |
| Accenture Plc Ireland Shs Class A |
No change
1,457
|
$442,068,000 | 0.14% |
| Ge Vernova Inc Com |
Opened
2,490
|
$427,060,000 | 0.13% |
| Duke Energy Corp New Com New |
0.22%
4,161
|
$417,080,000 | 0.13% |
| Alphabet Inc Cap Stk Cl A |
No change
2,280
|
$415,385,000 | 0.13% |
| Hyatt Hotels Corp Com Cl A |
3.72%
2,535
|
$385,095,000 | 0.12% |
| Dimensional U.s. Equity Etf |
25.42%
6,197
|
$364,693,000 | 0.11% |
| Xylem Inc |
0.12%
2,609
|
$353,865,000 | 0.11% |
| Suncor Energy Inc New Com |
No change
9,000
|
$342,900,000 | 0.11% |
| Liberty Global Ltd Com Cl A |
0.15%
19,339
|
$337,079,000 | 0.11% |
| Mondelez International Inc. |
No change
5,083
|
$332,632,000 | 0.10% |
| Devon Energy Corp New Com |
1.47%
6,915
|
$327,771,000 | 0.10% |
| Dimensional Us Marketwide Value Etf |
54.87%
8,324
|
$326,883,000 | 0.10% |
| Manulife Finl Corp Com |
No change
12,000
|
$319,440,000 | 0.10% |
| Travel Plus Leisure Co Com |
2.16%
7,063
|
$317,679,000 | 0.10% |
| Dimensional International Core Equity Market ETF |
1.06%
10,250
|
$304,131,000 | 0.10% |
| Organon & Co Common Stock |
0.21%
14,412
|
$298,334,000 | 0.09% |
| Ishares Preferred & Income Securities Etf |
0.09%
8,602
|
$271,379,000 | 0.09% |
| Vitesse Energy Inc Common Stock |
3.86%
11,227
|
$266,080,000 | 0.08% |
| St Joe Co Com |
2.02%
4,850
|
$265,295,000 | 0.08% |
| Liberty Media Corp Del Com Lbty Srm S C |
No change
11,751
|
$260,402,000 | 0.08% |
| Ge Healthcare Technologies Inc Common Stock |
No change
3,324
|
$259,013,000 | 0.08% |
| Liberty Latin America Ltd Com Cl C |
No change
26,826
|
$258,066,000 | 0.08% |
| Cardinal Health, Inc. |
No change
2,453
|
$241,179,000 | 0.08% |
| Liberty Media Corp Del Com Lbty One S C |
0.25%
3,164
|
$227,302,000 | 0.07% |
| General Dynamics Corp Com |
0.39%
780
|
$226,399,000 | 0.07% |
| UDR Inc |
No change
5,356
|
$220,399,000 | 0.07% |
| Toronto Dominion Bk Ont Com New |
No change
3,770
|
$207,199,000 | 0.06% |
| Blackrock Enhanced Intl Div Tr Com Bene Inter |
1.87%
15,645
|
$87,302,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 117 holdings | |||
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