Ownership history in Lumbard & Kellner, LLC Β· 21 quarters on record
This page tracks every 13F SEC filing in which Lumbard & Kellner, LLC reported a position in INVESCO S P 500 EQUAL WEIGHT ETF (RSP). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β sourced directly from SEC EDGAR 13F filings.
π Lumbard & Kellner, LLC underperformed the S&P 500 by β3.8% annually on this RSP position. Timing score: 45% (9/20 decisions correct). Average cost basis: $156.40. Maximum drawdown during holding period: β20.7%.
β οΈ Trailed SPY by 3.8% ann. on this position.
20 quarters analyzed
β‘οΈ Neutral timing β roughly coin-flip accuracy on add/trim calls.
9 of 20 add/trim decisions correct
Best entry: $116.93 (2020 Q4) Β· Worst: $190.74 (2025 Q4)
πͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.
10 adds Β· 11 trims. Bought during 3 of 8 down-price quarters. π Predominantly trimming β distribution phase.
π Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 3.4% of portfolio
β Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ 4 (annualised). Not investment advice.
As of 2025 Q4 β sorted by position size