Lumbard Investment Counseling

Lumbard & Kellner as of March 31, 2015

Portfolio Holdings for Lumbard & Kellner

Lumbard & Kellner holds 88 positions in its portfolio as reported in the March 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Matthews Asian Fund E M utual fund (MAPIX) 5.5 $7.6M 458k 16.56
Wal-Mart Stores (WMT) 4.5 $6.3M 76k 82.25
MetLife (MET) 4.4 $6.2M 122k 50.55
First Amer Govt Oblig Fund Cl Y short term fds-taxable 4.1 $5.7M 5.7M 1.00
Prudential Financial (PRU) 4.0 $5.5M 69k 80.31
Corning Incorporated (GLW) 4.0 $5.5M 243k 22.68
Microsoft Corporation (MSFT) 3.5 $4.9M 120k 40.66
FedEx Corporation (FDX) 3.2 $4.5M 27k 165.45
Directv 3.0 $4.2M 49k 85.10
International Business Machines (IBM) 3.0 $4.1M 26k 160.51
Vanguard Emerging Markets ETF (VWO) 3.0 $4.1M 101k 40.87
Singapore Telecom Ltd New 2006 (SGAPY) 2.9 $4.0M 125k 31.87
Vanguard Total Stock Market ETF (VTI) 2.8 $3.8M 36k 107.24
Tyson Foods (TSN) 2.5 $3.4M 89k 38.30
Key (KEY) 2.5 $3.4M 241k 14.16
General Motors Company (GM) 2.4 $3.3M 89k 37.50
FMC Corporation (FMC) 2.1 $2.9M 50k 57.26
Hollyfrontier Corp 2.0 $2.8M 69k 40.28
Goldman Sachs (GS) 1.9 $2.7M 14k 188.00
Hawaiian Holdings 1.9 $2.7M 123k 22.03
Toyota Motor Corporation (TM) 1.8 $2.5M 18k 139.89
Bombardier 1.8 $2.5M 1.3M 1.98
Regions Financial Corporation (RF) 1.8 $2.5M 260k 9.45
Huntington Bancshares Incorporated (HBAN) 1.8 $2.5M 222k 11.05
Phillips 66 (PSX) 1.7 $2.4M 31k 78.59
Ford Motor Company (F) 1.6 $2.3M 141k 16.14
Qualcomm (QCOM) 1.6 $2.2M 32k 69.34
iShares MSCI Poland Investable ETF (EPOL) 1.5 $2.1M 91k 23.38
Thai Fund 1.3 $1.8M 204k 8.72
Hewlett-Packard Company 1.3 $1.8M 57k 31.16
KBR (KBR) 1.2 $1.7M 115k 14.48
Seadrill 1.2 $1.6M 173k 9.35
State Street Cap Tr Iv corporate bonds and notes 1.1 $1.6M 1.9M 0.84
ImmunoGen 1.1 $1.5M 168k 8.95
Morgan Stanley corporate bonds and notes 1.1 $1.5M 1.4M 1.05
First Resources 1.0 $1.4M 1.0M 1.38
Morgan Stanley corporate bonds and notes 0.9 $1.2M 1.2M 1.03
Us Bank Capital Ix corporate bonds and notes 0.9 $1.2M 1.5M 0.83
WisdomTree India Earnings Fund (EPI) 0.8 $1.1M 48k 22.80
Market Vectors Vietnam ETF. 0.7 $970k 57k 16.89
Cynosure 0.7 $943k 31k 30.67
First Md Cap I corporate bonds and notes 0.6 $882k 1.1M 0.84
Bank Of America Corp corporate bonds and notes 0.6 $847k 974k 0.87
European Investment Bank other foreign corporate bonds 0.6 $839k 2.2M 0.38
Mellon Cap Iv Normalpfd Cap fixed income 0.6 $820k 1.0M 0.82
Exxon Mobil Corporation (XOM) 0.5 $721k 8.5k 85.04
General Elec Cap Corp corporate bonds and notes 0.5 $705k 750k 0.94
Merck & Co (MRK) 0.5 $679k 12k 57.49
Market Vectors India S/c etfs 0.5 $657k 14k 47.22
Ntc Capital Ii corporate bonds and notes 0.5 $652k 758k 0.86
General Electric Company 0.4 $593k 24k 24.81
Applied Materials (AMAT) 0.4 $549k 24k 22.55
NiSource (NI) 0.4 $530k 12k 44.17
Citigroup Inc corporate bonds and notes 0.3 $468k 600k 0.78
Comcast Corporation (CMCSA) 0.3 $464k 8.2k 56.44
Honeywell International (HON) 0.3 $465k 4.5k 104.31
RPM International (RPM) 0.3 $418k 8.7k 48.05
Broadcom Corporation 0.3 $414k 9.6k 43.31
Chevron Corporation (CVX) 0.3 $382k 3.6k 104.95
Mexico Equity and Income Fund (MXE) 0.2 $314k 25k 12.34
Pepsi (PEP) 0.2 $306k 3.2k 95.62
Citigroup Inc corporate bonds and notes 0.2 $309k 300k 1.03
Eli Lilly & Co. (LLY) 0.2 $291k 4.0k 72.75
Anadarko Petroleum Corporation 0.2 $250k 3.0k 82.89
Manuf & Traders Trust Co bond paying periodic income 0.2 $234k 227k 1.03
Kimberly-Clark Corporation (KMB) 0.1 $214k 2.0k 107.00
Suntrust Capital Iii bond paying periodic income 0.1 $208k 250k 0.83
Bank Of America 0.1 $103k 100k 1.03
Homex Development 0.0 $58k 290k 0.20
Ge Elec Cap Corp corporate bonds and notes 0.0 $50k 50k 1.00
Wells Fargo & Company corporate bonds 0.0 $53k 50k 1.06
Celgene Corp bond paying periodic income 0.0 $51k 50k 1.02
Everett Ma Ref muni bds-fixed non taxable 0.0 $50k 50k 1.00
Massachusetts St Ser E uni bds-fixed non taxable 0.0 $52k 50k 1.04
Milton Ma Ref muni bds-fixed non taxable 0.0 $52k 50k 1.04
Procter & Gamble 0.0 $51k 50k 1.02
Southborough Ma Ref muni bds-fixed non taxable 0.0 $57k 50k 1.14
Univ Of Massachusetts Ma Bldg Auth muni bds-fixed non taxable 0.0 $53k 50k 1.06
Westwood Ma Ref muni bds-fixed non taxable 0.0 $56k 50k 1.12
Goldman Sachs Group Inc bond paying periodic income 0.0 $41k 40k 1.02
Univ Of Michigan Mi Gen Ser A muni bds-fixed non taxable 0.0 $42k 40k 1.05
Derry Nh Cooperative Sch Dist 0.0 $25k 25k 1.00
Georgia Pacific Llc L P corporate bonds and notes 0.0 $25k 25k 1.00
North Fork Oh Local Sch Dist Sch muni bds-fixed non taxable 0.0 $26k 25k 1.04
Pennsylvania St Second Ref muni bds-fixed non taxable 0.0 $28k 25k 1.12
Texas A M Univ Revs Fing Sys Ser D muni bds-fixed non taxable 0.0 $28k 25k 1.12
Wisconsin St Transprtn Revenue Ser A muni bds-fixed non taxable 0.0 $25k 25k 1.00
Desarrolladora Homex Sa other foreign corporate bonds 0.0 $3.8k 63k 0.06