SHEPHERD KAPLAN KROCHUK, LLC

CIK

1218583

Location

Boston, MA

Portfolio Value

Micro $31,093,571

Diversification

Diversified

Filing Date

Global Rank

#7,017 / 8,232 ▲ 227

Top Industry

Consumer Electronics 26.4%

3Y Alpha vs SPY

-6.7%

Period ended 2 months ago

Filed May 15, 2026 · 30d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+48.5%

SPY

+76.3%

Annualised alpha

-6.7%

Max drawdown

−15.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

24 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

24.8%

−1.6 pts

Top 5

61.4%

−0.2 pts

Top 10

77.7%

+1.9 pts

HHI

1,070

Diversified−34

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	26.8%	$8,329,856	2
Energy	23.0%	$7,154,780	3
Financial Services	13.3%	$4,126,597	4
Consumer Defensive	7.8%	$2,424,958	1
Basic Materials	7.4%	$2,294,336	2
Healthcare	7.1%	$2,203,379	3
Unclassified	5.8%	$1,800,924	4
Utilities	3.5%	$1,078,371	2
Consumer Cyclical	3.1%	$958,536	1
Communication Services	2.3%	$721,834	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
ET	Energy Transfer LP	+10,470	214,961	$4,148,747
NRGV	Energy Vault Holdings, Inc.	+550	67,796	$223,726
IBIT	iShares Bitcoin Trust ETF	+65	13,349	$512,868
AAPL	Apple Inc.	+24	30,416	$7,719,276
PRU	Prudential Financial Inc	+19	3,880	$379,037
QQQ	Invesco Qqq Trust, Series 1	+12	932	$537,931
IBM	International Business Machines Corp	+4	2,519	$610,580
SPY	Spdr S&P 500 ETF Trust	+1	597	$388,252
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
DOW	Dow Inc.	−2,985	26,702	$1,112,138
PFE	Pfizer Inc	−2,118	32,192	$903,951
KMI	Kinder Morgan, Inc.	−869	64,217	$2,153,196
VZ	Verizon Communications Inc	−247	10,335	$518,817
BEN	Franklin Resources Inc	−122	23,209	$548,196
MGA	Magna International Inc	−113	17,175	$958,536
GILD	Gilead Sciences, Inc.	−93	6,343	$884,023
DUK	Duke Energy CORP	−63	6,527	$854,645
BRK-B	Berkshire Hathaway Inc	−30	5,550	$2,659,560
CPB	CAMPBELL'S Co	−16	108,889	$2,424,958
ABBV	AbbVie Inc.	−6	1,910	$415,405
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
T	At&T Inc.	10,714	$266,135
MSFT	Microsoft Corp	514	$248,580
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $31,093,571 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	30,416	+24	$7,719,276	−6.6%	24.83%
ET	Energy Transfer LP Energy	Added	214,961	+10,470	$4,148,747	+23.0%	13.34%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	5,550	-30	$2,659,560	−5.2%	8.55%
CPB	CAMPBELL'S Co Consumer Defensive	Reduced	108,889	-16	$2,424,958	−20.1%	7.80%
KMI	Kinder Morgan, Inc. Energy	Reduced	64,217	-869	$2,153,196	+20.3%	6.92%
NEM	NEWMONT Corp /DE/ Basic Materials	Held	10,921	0	$1,182,198	+8.4%	3.80%
DOW	Dow Inc. Basic Materials	Reduced	26,702	-2,985	$1,112,138	+60.2%	3.58%
MGA	Magna International Inc Consumer Cyclical	Reduced	17,175	-113	$958,536	+4.0%	3.08%
PFE	Pfizer Inc Healthcare	Reduced	32,192	-2,118	$903,951	+5.8%	2.91%
GILD	Gilead Sciences, Inc. Healthcare	Reduced	6,343	-93	$884,023	+11.9%	2.84%
DUK	Duke Energy CORP Utilities	Reduced	6,527	-63	$854,645	+10.6%	2.75%
EPD	Enterprise Products Partners L.P. Energy	Held	22,538	0	$852,837	+18.0%	2.74%
IBM	International Business Machines Corp Technology	Added	2,519	+4	$610,580	−18.0%	1.96%
BEN	Franklin Resources Inc Financial Services	Reduced	23,209	-122	$548,196	−1.6%	1.76%
NUV	Nuveen Municipal Value Fund Inc Financial Services	Held	60,045	0	$539,804	−0.8%	1.74%
QQQ	Invesco Qqq Trust, Series 1	Added	932	+12	$537,931	−4.8%	1.73%
VZ	Verizon Communications Inc Communication Services	Reduced	10,335	-247	$518,817	+20.4%	1.67%
IBIT	iShares Bitcoin Trust ETF	Added	13,349	+65	$512,868	−22.2%	1.65%
ABBV	AbbVie Inc. Healthcare	Reduced	1,910	-6	$415,405	−5.1%	1.34%
SPY	Spdr S&P 500 ETF Trust	Added	597	+1	$388,252	−4.5%	1.25%
PRU	Prudential Financial Inc Financial Services	Added	3,880	+19	$379,037	−13.0%	1.22%
GLD	Spdr Gold Trust	Held	841	0	$361,873	+8.6%	1.16%
NRGV	Energy Vault Holdings, Inc. Utilities	Added	67,796	+550	$223,726	−27.8%	0.72%
GOOGL	Alphabet Inc. Communication Services	Held	706	0	$203,017	−8.1%	0.65%