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Institutional Investment Manager
KARPAS STRATEGIES, LLC
KARPAS STRATEGIES, LLC (CIK: 0001127544) incorporated in New York, located at 33 West Street, Rear, Litchfield, CT. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q1)
Portfolio Summary: 120 holdings with a total value of $206,318,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 COMCAST CORP NEW 61,465 3,446,000 1.67%
102 EXXON MOBIL CORP 43,533 3,700,000 1.79%
103 KINDER MORGAN INC DEL 89,646 3,771,000 1.83%
104 DISNEY WALT CO 36,290 3,806,000 1.84%
105 First Natl of Nebraska Inc 610 3,813,000 1.85%
106 PFIZER INC 113,041 3,933,000 1.91%
107 BERKSHIRE HATHAWAY INC DEL 27,714 4,000,000 1.94%
108 GENERAL ELECTRIC CO 163,555 4,058,000 1.97%
109 BROOKFIELD INFRAST PARTNERS 109,242 4,975,000 2.41%
110 WELLS FARGO & CO NEW 92,456 5,030,000 2.44%
111 ENBRIDGE ENERGY MANAGEMENT LLC SHS UNITS LLI 143,441 5,218,000 2.53%
112 W P CAREY INC 82,400 5,603,000 2.72%
113 LIBERTY GLOBAL PLC 114,439 5,700,000 2.76%
114 BROOKFIELD PPTY PARTNERS L P 254,169 6,164,000 2.99%
115 VistaPrint NV 88,556 7,472,000 3.62%
116 MERCK & CO INC 139,288 8,006,000 3.88%
117 SCHWAB CHARLES CORP 283,105 8,618,000 4.18%
118 BROOKFIELD ASSET MGMT INC 165,135 8,853,000 4.29%
119 MAGELLAN MIDSTREAM PRTNRS LP 158,646 12,170,000 5.90%
120 JOHNSON & JOHNSON 141,790 14,264,000 6.91%
Page 3 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001127544-15-000004, filed 2015.05.05).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.