1y return+19.6%S&P 500 +20.9%
3y return+50.3%S&P 500 +68.5%
5y return+48.5%S&P 500 +74.5%
10y return+125.6%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $226 against $357 in the S&P 500.2
Klingman & Associates, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| IVVIshares Tr | $397.5M | 16.9% | |
| VTIPVanguard Malvern Fds | $131.2M | 5.6% | +7.7% |
| IJHIshares Tr | $123.7M | 5.3% | +3.1% |
| IEFAIshares Tr | $96.8M | 4.1% | +4.7% |
| VEAVanguard Tax-managed Fds | $88.8M | 3.8% | +2.9% |
| IJRIshares Tr | $88.5M | 3.8% | |
| SPYState Str Spdr S&p 500 Etf T | $85.8M | 3.7% | |
| SPYGSpdr Series Trust | $77.0M | 3.3% | −1.2% |
| AAPLApple Inc | $76.4M | 3.3% | −2.2% |
| SPYVSpdr Series Trust | $71.3M | 3.0% | |
| VWOVanguard Intl Equity Index F | $58.8M | 2.5% | −2.0% |
| RWLInvesco Exch Traded Fd Tr II | $45.2M | 1.9% | +7.5% |
| IEMGIshares Inc | $41.5M | 1.8% | +3.5% |
| IBDUIshares Tr | $37.6M | 1.6% | +2.6% |
| IBDVIshares Tr | $37.4M | 1.6% | +4.0% |
| IBDWIshares Tr | $36.8M | 1.6% | +3.9% |
| USMVIshares Tr | $34.2M | 1.5% | −1.9% |
| MDYGSpdr Series Trust | $33.4M | 1.4% | −8.2% |
| PRFInvesco Exchange Traded Fd T | $33.2M | 1.4% | |
| IBDTIshares Tr | $32.7M | 1.4% | |
| MDYVSpdr Series Trust | $32.3M | 1.4% | −7.9% |
| SLYVSpdr Series Trust | $30.5M | 1.3% | |
| IBDXIshares Tr | $29.6M | 1.3% | +8.7% |
| MDYState Str Spdr S&p Midcap 40 | $29.2M | 1.2% | |
| CFGCitizens Finl Group Inc | $28.7M | 1.2% | −10.3% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | December 31, 2022 | +1269.2% | $13.9M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $9.9M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $11.2M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $8.6M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $76.4M |
| DDOGDatadog Inc | June 30, 2020 | +199.4% | $17.6M |
| CFGCitizens Finl Group Inc | June 30, 2020 | +177.6% | $28.7M |
| SPYGSpdr Series Trust | June 30, 2020 | +164.9% | $77.0M |
| RWLInvesco Exch Traded Fd Tr II | June 30, 2020 | +149.8% | $45.2M |
| PRFInvesco Exchange Traded Fd T | June 30, 2020 | +149.4% | $33.2M |
Sold off last quarter
- PJTPjt Partners Inc was $2.0M
- IBMVIshares Tr was $1.2M
- BRK/ABerkshire Hathaway Inc Del was $718K
- Honeywell Intl IncCUSIP 438516106 was $665K
- POSTPost Hldgs Inc was $462K
- INTUIntuit was $289K
- DOWDow Hldgs Inc was $280K
- MCKMckesson Corp was $252K
- CMCSAComcast Corp New was $245K
- EFVIshares Tr was $235K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.8% | +14.8% |
| March 31, 2026 | −1.4% | −4.6% |
| December 31, 2025 | +1.7% | +2.4% |
| September 30, 2025 | +6.6% | +7.8% |
| June 30, 2025 | +6.9% | +10.5% |
| March 31, 2025 | −3.2% | −4.6% |
| December 31, 2024 | −0.2% | +2.1% |
| September 30, 2024 | +6.2% | +5.4% |
| June 30, 2024 | +1.5% | +4.0% |
| March 31, 2024 | +6.2% | +10.0% |
| December 31, 2023 | +10.4% | +11.2% |
| September 30, 2023 | −3.7% | −3.6% |
| June 30, 2023 | +4.9% | +8.3% |
| March 31, 2023 | +4.3% | +7.0% |
| December 31, 2022 | +6.3% | +7.1% |
| September 30, 2022 | −4.8% | −5.3% |
| June 30, 2022 | −13.2% | −16.5% |
| March 31, 2022 | −4.7% | −4.9% |
| December 31, 2021 | +6.7% | +10.7% |
| September 30, 2021 | +1.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Klingman & Associates, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1662449&type=13F-HR&dateb=&owner=include&count=40CIK 1662449
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1662449/000117266126002895/Filed July 29, 2026 · accession 0001172661-26-002895