Karpas Strategies

Karpas Strategies as of Sept. 30, 2011

Portfolio Holdings for Karpas Strategies

Karpas Strategies holds 100 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Johnson & Johnson (JNJ) 8.7 $11M 164k 63.69
Magellan Midstream Partners 4.1 $4.9M 82k 60.40
Merck & Co 3.9 $4.7M 143k 32.70
Charles Schwab Corporation (SCHW) 3.8 $4.6M 409k 11.27
Exxon Mobil Corporation (XOM) 3.5 $4.3M 59k 72.63
Brookfield Asset Management 3.5 $4.2M 154k 27.55
Oneok Partners 3.2 $3.9M 83k 46.62
Rayonier (RYN) 3.1 $3.7M 101k 36.79
Vistaprint 2.8 $3.4M 125k 27.03
W. P. Carey & Co 2.8 $3.3M 92k 36.43
Enbridge Energy Management 2.7 $3.2M 118k 27.49
First Nat'l Of Nebraska (FINN) 2.4 $2.9M 950.00 3001.05
Brookfield Infrastru Prtnrs 2.4 $2.8M 117k 24.34
General Electric Company 2.3 $2.7M 179k 15.22
Leucadia National 2.1 $2.5M 110k 22.68
Berkshire Hathaway (BRK.B) 2.0 $2.4M 34k 71.03
Wells Fargo & Company (WFC) 1.9 $2.3M 94k 24.12
Chevrontexaco 1.8 $2.1M 23k 92.58
MarkWest Energy Partners 1.6 $2.0M 43k 45.94
Pfizer (PFE) 1.6 $2.0M 111k 17.68
U.S. Bancorp (USB) 1.5 $1.8M 79k 23.54
ConocoPhillips (COP) 1.5 $1.8M 29k 63.32
News Corporation 1.5 $1.8M 116k 15.48
Liberty Global 1.5 $1.8M 52k 34.60
Copano Energy 1.4 $1.7M 58k 29.81
Comcast Corporation 1.4 $1.6M 79k 20.71
Texas Instruments Incorporated (TXN) 1.1 $1.3M 48k 26.65
HSBC Holdings (HSBC) 1.0 $1.2M 33k 38.03
Directv 1.0 $1.3M 30k 42.26
Royal Dutch Shell 1.0 $1.2M 20k 61.52
Walt Disney Company (DIS) 0.9 $1.1M 37k 30.17
Coca-Cola Company (KO) 0.9 $1.0M 15k 67.53
Bristol Myers Squibb (BMY) 0.8 $992k 32k 31.39
Liberty Global 0.8 $974k 27k 36.17
BP (BP) 0.8 $958k 27k 36.06
Ace Ltd Com Stk 0.8 $910k 15k 60.61
Marriott International (MAR) 0.7 $826k 30k 27.24
Hess (HES) 0.7 $822k 16k 52.43
St. Joe Company (JOE) 0.7 $805k 54k 14.99
Honeywell Intl. 0.7 $790k 18k 43.89
Montpelier Re Holdings/mrh 0.7 $778k 44k 17.68
Nextera Energy (NEE) 0.6 $766k 14k 54.01
Citi 0.6 $776k 30k 25.62
ICICI Bank (IBN) 0.6 $748k 22k 34.71
BHP Billiton (BHP) 0.6 $731k 11k 66.45
American Express Company (AXP) 0.6 $700k 16k 44.87
Microsoft Corporation (MSFT) 0.6 $678k 27k 24.88
Kinder Morgan Energy Partners 0.6 $670k 9.8k 68.37
Nacco Inds Inc. Cl A 0.6 $667k 11k 63.37
White Mountains Insurance Gp (WTM) 0.5 $624k 1.5k 405.99
Philip Morris International (PM) 0.5 $593k 9.5k 62.42
CVS Caremark Corporation (CVS) 0.5 $573k 17k 33.60
USG Corporation 0.5 $569k 85k 6.73
Deere & Company (DE) 0.5 $549k 8.5k 64.59
Spectra Energy 0.4 $535k 22k 24.54
International Business Machines (IBM) 0.4 $501k 2.9k 174.99
EastGroup Properties (EGP) 0.4 $505k 13k 38.11
National Australia Bank (NABZY) 0.4 $500k 23k 21.74
iShares S&P US Pref Stock Idx Fnd (PFF) 0.4 $506k 14k 35.63
Enstar Group (ESGR) 0.4 $487k 5.1k 95.30
CapitalSource 0.4 $469k 76k 6.14
Colgate-Palmolive Company (CL) 0.4 $463k 5.2k 88.61
Tor Dom Bk Cad (TD) 0.4 $441k 6.2k 70.98
Martin Marietta Materials (MLM) 0.3 $408k 6.5k 63.26
Liberty Media 0.3 $415k 28k 14.75
Waste Management (WM) 0.3 $381k 12k 32.56
Liberty Media 0.3 $384k 5.8k 66.05
Bank Of New York 0.3 $388k 21k 18.58
Lockheed Martin 0.3 $383k 5.3k 72.73
Berkshire Hathaway (BRK.A) 0.3 $320k 3.00 106666.67
St Paul Travelers Cos 0.3 $324k 6.7k 48.72
Shaw Communications 0.3 $323k 16k 20.19
Duke Energy Corporation 0.3 $312k 16k 20.00
AllianceBernstein Holding (AB) 0.3 $318k 23k 13.64
Wal-Mart Stores (WMT) 0.2 $296k 5.7k 51.93
ITT Corporation 0.2 $306k 7.3k 42.06
McDonald's Corporation (MCD) 0.2 $294k 3.4k 87.76
Procter & Gamble Company (PG) 0.2 $291k 4.6k 63.26
Comcast Corporation (CMCSA) 0.2 $263k 13k 20.90
Monsanto Company 0.2 $270k 4.5k 60.00
Cenovus Energy (CVE) 0.2 $261k 8.5k 30.71
Zimmer Holdings (ZBH) 0.2 $265k 5.0k 53.43
Plum Creek Timber 0.2 $236k 6.8k 34.71
Chicago Mercantile Hldgs Inc cl a 0.2 $246k 1.0k 246.00
Westpac Banking Corporation 0.2 $240k 2.5k 96.00
Williams Companies (WMB) 0.2 $234k 9.6k 24.38
Suncor Energy Inc Cad 0.2 $229k 9.0k 25.44
Longleaf Partners Internationa mut 0.2 $223k 18k 12.18
Udr (UDR) 0.2 $202k 9.1k 22.09
T. Rowe Price Growth Stock Fun (PRGFX) 0.2 $206k 7.1k 28.99
Putnam Global Healthcare Fund mut (PHSTX) 0.2 $204k 5.0k 41.12
Nuveen Mult Curr St Gv Incm 0.1 $166k 13k 13.02
Fidelity Asset Manager 50% mut (FASMX) 0.1 $171k 12k 14.50
Duke Realty Corporation 0.1 $161k 15k 10.52
Ethan Allen Interiors (ETD) 0.1 $142k 11k 13.57
Forest City Enterprises 0.1 $134k 13k 10.68
Manulife Finl Corp (MFC) 0.1 $136k 12k 11.33
Wells Fargo Adv Global Div Opp 0.1 $100k 13k 8.00
Nokia Corp 0.1 $58k 10k 5.62
Level 3 Communications 0.0 $16k 11k 1.52