-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J54YiixvuB2wqBMQYuwhefHOHUlMswQOWqC4Yp6g7tHpiCQKITvujMaxb/5MOKbw DSOwsS705fWZF/tNR4V5fA== 0001127544-09-000009.txt : 20090806 0001127544-09-000009.hdr.sgml : 20090806 20090806132019 ACCESSION NUMBER: 0001127544-09-000009 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090630 FILED AS OF DATE: 20090806 DATE AS OF CHANGE: 20090806 EFFECTIVENESS DATE: 20090806 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KARPAS STRATEGIES LLC CENTRAL INDEX KEY: 0001127544 IRS NUMBER: 134074234 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06347 FILM NUMBER: 09990877 BUSINESS ADDRESS: STREET 1: 488 MADISON AVENUE STREET 2: 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2122237280 MAIL ADDRESS: STREET 1: 488 MADISON AVENUE STREET 2: 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 ks2q09.txt 13F United States Securities and Exchange Commission Washington, D.C. 20549 Form 13F Form 13F Cover Page Report for the Calendar Year or Quarter Ended: June 30, 2009 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Karpas Strategies, LLC Address: 488 Madison Avenue, 17th Floor New York, NY 10022 13F File Number: 028-06347 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Kitty Lee Title: Administrator Telephone: 212-223-7280 Signature, Place, and Date of Signing Kitty Lee New York, New York August 5, 2009 Report Type (Check only one.): [X] 13F Holdings Report. [ ] 13F Notice. [ ] 13F Combination Report. List of Other Managers Reporting for this Manager: 0 I am signing this report as required by the Securities Exchange Act of 1934. Form 13F Summary Page Report Summary: Number of Other Included Managers: Form 13F Information Table Entry Total: 98 Form 13F Information Table Value Total: $106,351,000 List of Other Included Managers: FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Ace Limited COM G0070K103 671 15165 SH Sole 13915 1250 AllianceBernstein Holdings LP COM 01881g106 445 22150 SH Sole 15500 6650 Alpine Total Dynamic Fd COM 021060108 96 12500 SH Sole 12500 American Express COM 025816109 363 15600 SH Sole 15000 600 BHP Billiton Ltd COM 088606108 821 15000 SH Sole 15000 BP PLC COM 055622104 1410 29570 SH Sole 29570 Berkshire Hathaway Inc. Cl B COM 084670207 1975 682 SH Sole 620 62 Bristol-Myers Squibb COM 110122108 642 31600 SH Sole 31600 Brookfield Asset Mgt COM 112585104 2745 160822 SH Sole 145260 15562 Brookfield Infrastru Prtnrs LP COM g16252102 1104 89552 SH Sole 83741 5811 Burlington Northern Santa Fe COM 12189t104 783 10650 SH Sole 9500 1150 CME Group Inc Cl A COM 167760107 311 1000 SH Sole 1000 CVS Caremark, Corp. COM 126650100 562 17636 SH Sole 17052 584 CapitalSource Inc. COM 14055X102 379 77758 SH Sole 69558 8200 Charles Schwab COM 808513105 7992 455662 SH Sole 319232 136430 Chevron Corp. COM 166751107 1815 27400 SH Sole 21400 6000 CitiGroup Inc. COM 172967101 393 132446 SH Sole 102731 29715 Coca Cola Co. COM 191216100 823 17150 SH Sole 14150 3000 Colgate-Palmolive COM 194162103 370 5225 SH Sole 5225 Comcast Cl A Special COM 200300200 1185 84022 SH Sole 75497 8525 Comcast Corp. Cl A COM 20030N101 243 16781 SH Sole 11536 5245 ConocoPhillips COM 20825C104 1354 32187 SH Sole 32187 Copano Energy, LLC COM 217202100 925 57641 SH Sole 53991 3650 Crystal River Capital COM 229393301 188 106825 SH Sole 91275 15550 Deere & Co. COM 244199105 479 12000 SH Sole 12000 Duke Energy Corp. COM 26441c105 228 15600 SH Sole 15600 Duke Realty Corp COM 264411505 134 15306 SH Sole 14106 1200 Eastgroup Properties COM 277276101 438 13250 SH Sole 13250 EnCana Corp. COM 292505104 420 8500 SH Sole 7800 700 Enbridge Energy Management LLC COM 29250x103 1849 51001 SH Sole 46557 4444 Enstar Group LTD COM G3075P101 274 4650 SH Sole 4350 300 Ethan Allen Interiors COM 297602104 108 10468 SH Sole 10468 Evergreen Global Div FD COM 30024H101 114 12500 SH Sole 12500 Exxon Mobil Corp COM 30231G102 4456 63738 SH Sole 59963 3775 FPL Group Inc. COM 302571104 806 14182 SH Sole 14182 First Nat'l of Nebraska, Inc. COM 335720108 2294 950 SH Sole 750 200 Forest City Ent. CL A COM 345550107 66 10000 SH Sole 8450 1550 General Electric COM 369604103 2189 186756 SH Sole 171631 15125 HSBC Holdings PLC COM 404280406 1373 32866 SH Sole 32866 Hess Corp. COM 42809h107 843 15678 SH Sole 15678 Honeywell Intl. COM 438506107 565 18000 SH Sole 15000 3000 ITT Corp. COM 450911102 315 7075 SH Sole 5550 1525 Icici Bank LTD COM 45104G104 857 29050 SH Sole 29050 Intl Bus Machines COM 459200101 234 2238 SH Sole 2238 Johnson & Johnson COM 478160104 10527 185335 SH Sole 180335 5000 Kinder Morgan Energy Partners COM 494550106 501 9800 SH Sole 9800 Leucadia Natl Corp. COM 527288104 2597 123143 SH Sole 113293 9850 Level 3 Communications COM 52729N100 16 10500 SH Sole 10500 Liberty Global Cl A COM 530555101 468 29444 SH Sole 26312 3132 Liberty Global Ser C COM 530555309 820 51895 SH Sole 44913 6982 Liberty Media Ent A COM 53071M500 866 32436 SH Sole 25988 6448 Liberty Media Hldg COM 53071m104 155 30875 SH Sole 24742 6133 Magellan Midstream Holdings LP COM 55907r108 687 32650 SH Sole 25050 7600 Magellan Midstream Ptnrs LP COM 559080106 2131 61300 SH Sole 61300 Manulife Financial Corp. COM 56501r106 208 12000 SH Sole 12000 Markwest Energy Ptnr LP COM 570759100 760 41770 SH Sole 34720 7050 Marriott Intl. Inc. COM 571903202 662 30000 SH Sole 30000 Martin Marietta Mtrl COM 573284106 517 6550 SH Sole 5775 775 McDonald's Corp. COM 580135101 216 3750 SH Sole 3350 400 Merck & Co. COM 589331107 3942 141000 SH Sole 140000 1000 Microsoft Corp. COM 594918104 648 27250 SH Sole 27250 Monsanto Co. COM 61166w101 669 9000 SH Sole 9000 Montpelier Re Holdings LTD COM G62185106 585 44000 SH Sole 39850 4150 Nacco Inds Inc. CL A COM 652957910 311 10825 SH Sole 9765 1060 National Aust Bank COM 632525408 417 23000 SH Sole 23000 News Corp LTD Cl A COM 65248e104 1099 120686 SH Sole 109236 11450 Nokia Corp. Spon ADR COM 654902209 151 10325 SH Sole 10000 325 Nuveen Govt Income Fund COM 67090N109 192 12750 SH Sole 12750 Oneok Partners LP COM 68268N103 1850 40400 SH Sole 35400 5000 Pfizer Inc. COM 717081103 1143 76225 SH Sole 67425 8800 Philip Morris Intl Inc COM 718172109 427 9800 SH Sole 9800 Procter & Gamble Co COM 742718109 235 4600 SH Sole 700 3900 Rayonier Inc COM 754907103 2530 69592 SH Sole 67342 2250 Royal Dutch Shell COM 780259206 939 18700 SH Sole 18700 Shaw Communications COM 82082k200 270 16000 SH Sole 16000 Spectra Energy Corp. COM 847560109 437 25800 SH Sole 25800 St. Joe Co COM 790148100 1350 50950 SH Sole 46500 4450 Suncor Energy Inc. COM 867229106 273 9000 SH Sole 9000 Texas Instruments COM 882508104 1022 48000 SH Sole 48000 The Bank of New York Mellon COM 064057102 627 21379 SH Sole 6644 14735 Toronto-Dominion Bank COM 891160509 321 6213 SH Sole 6213 Travelers Companies Inc. COM 792860108 273 6650 SH Sole 6650 U S G Corp. COM 903293405 619 61475 SH Sole 52250 9225 U.S. Bancorp COM 902973304 1408 78545 SH Sole 78545 VistaPrint Limited COM G93762204 9099 213339 SH Sole 183784 29555 W.P. Carey & Co LLC COM 92930Y107 2171 86900 SH Sole 81225 5675 Wal-Mart Stores COM 931142103 431 8900 SH Sole 8900 Walt Disney Co. COM 254687106 852 36529 SH Sole 31729 4800 Waste Management COM 94106L109 374 13275 SH Sole 12275 1000 Wells Fargo & Co. COM 949746101 2280 94000 SH Sole 78000 16000 Westpac Banking Corp (ADR) COM 961214301 363 4500 SH Sole 4500 White Mountains Insurance Grou COM G9618E107 400 1747 SH Sole 1607 140 Wyeth COM 026609107 980 21600 SH Sole 21600 Zimmer Holdings Inc. COM 98956p102 211 4960 SH Sole 4960 Fidelity Asset Manager 50% MUT 316069103 136 11260.3440 SH Sole 11260.3440 Longleaf Partners Internationa MUT 543069405 223 19159.6660 SH Sole 14910.0520 4249.6140 Putnam Health Sciences Trust MUT 746778109 246 6084.1410 SH Sole 6084.1410 Vanguard U.S. Value Fund MUT 922020201 81 10622.9470 SH Sole 10622.9470 REPORT SUMMARY 98 DATA RECORDS 106351 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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