-----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, JcHlnvIzdPyERePpm6xoL6nXd/JjiSStDhyW5AtMGoLZasXQYI3L0e+mClu0w3q5 aSsaYwr9g3POTHfetboJlg== 0001127544-10-000006.txt : 20100811 0001127544-10-000006.hdr.sgml : 20100811 20100811152435 ACCESSION NUMBER: 0001127544-10-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100630 FILED AS OF DATE: 20100811 DATE AS OF CHANGE: 20100811 EFFECTIVENESS DATE: 20100811 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: 101007973 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 ks2q10.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, 2010 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 11, 2010 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: 101 Form 13F Information Table Value Total: $117,523,000 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 742 14415 SH Sole 13415 1000 AllianceBernstein Holdings LP COM 01881g106 611 23650 SH Sole 22550 1100 Alpine Total Dynamic Fd COM 021060108 62 12500 SH Sole 12500 American Express COM 025816109 619 15600 SH Sole 15600 BHP Billiton Ltd COM 088606108 930 15000 SH Sole 15000 BP PLC COM 055622104 854 29570 SH Sole 29570 Berkshire Hathaway Inc. CL A COM 084670108 360 3 SH Sole 3 Berkshire Hathaway Inc. Cl B COM 084670207 3000 37642 SH Sole 34534 3108 Boeing Co. COM 097023105 202 3218 SH Sole 3218 Bristol-Myers Squibb COM 110122108 788 31600 SH Sole 31600 Brookfield Asset Mgt COM 112585104 3649 161322 SH Sole 146622 14700 Brookfield Infrastru Prtnrs LP COM g16252102 1656 104378 SH Sole 99267 5111 CME Group Inc Cl A COM 167760107 282 1000 SH Sole 1000 CVS Caremark, Corp. COM 126650100 517 17636 SH Sole 17052 584 CapitalSource Inc. COM 14055X102 371 77888 SH Sole 72038 5850 Cenovus Energy, Inc. COM 15135U109 219 8500 SH Sole 8050 450 Charles Schwab COM 808513105 5797 408800 SH Sole 316950 91850 Chevron Corp. COM 166751107 1554 22900 SH Sole 19900 3000 CitiGroup Inc. COM 172967101 838 222942 SH Sole 190178 32764 Coca Cola Co. COM 191216100 1022 20400 SH Sole 18900 1500 Colgate-Palmolive COM 194162103 412 5225 SH Sole 5225 Comcast Cl A Special COM 200300200 1348 82035 SH Sole 73910 8125 Comcast Corp. Cl A COM 20030N101 278 16006 SH Sole 15020 986 ConocoPhillips COM 20825C104 1556 31687 SH Sole 31687 Copano Energy, LLC COM 217202100 1584 57641 SH Sole 54641 3000 Crystal River Capital COM 229393301 54 92525 SH Sole 83725 8800 Deere & Co. COM 244199105 668 12000 SH Sole 12000 DirectTV Group Inc. COM 25459L106 1089 32106 SH Sole 28723 3383 Duke Energy Corp. COM 26441c105 250 15600 SH Sole 15600 Duke Realty Corp COM 264411505 174 15306 SH Sole 14106 1200 Eastgroup Properties COM 277276101 471 13250 SH Sole 13250 EnCana Corp. COM 292505104 258 8500 SH Sole 8050 450 Enbridge Energy Management LLC COM 29250x103 2902 56897 SH Sole 53862 3035 Enstar Group LTD COM G3075P101 340 5110 SH Sole 4810 300 Ethan Allen Interiors COM 297602104 146 10468 SH Sole 10468 Exxon Mobil Corp COM 30231G102 3580 62738 SH Sole 62738 First Nat'l of Nebraska, Inc. COM 335720108 2518 950 SH Sole 850 100 Forest City Ent. CL A COM 345550107 113 10000 SH Sole 9200 800 General Electric COM 369604103 2722 188777 SH Sole 174327 14450 HSBC Holdings PLC COM 404280406 1498 32866 SH Sole 32866 Hess Corp. COM 42809h107 789 15678 SH Sole 15678 Honeywell Intl. COM 438506107 703 18000 SH Sole 15000 3000 ITT Corp. COM 450911102 318 7075 SH Sole 5850 1225 Icici Bank LTD COM 45104G104 1050 29050 SH Sole 29050 Intl Bus Machines COM 459200101 356 2883 SH Sole 2883 Johnson & Johnson COM 478160104 10946 185335 SH Sole 182835 2500 Kinder Morgan Energy Partners COM 494550106 638 9800 SH Sole 9800 Leucadia Natl Corp. COM 527288104 2407 123383 SH Sole 114283 9100 Level 3 Communications COM 52729N100 11 10500 SH Sole 10500 Liberty Capital Ser A COM 53071m302 253 6041 SH Sole 5410 631 Liberty Global Cl A COM 530555101 760 29234 SH Sole 27242 1992 Liberty Global Ser C COM 530555309 1350 51945 SH Sole 46553 5392 Liberty Media Hldg COM 53071m104 324 30875 SH Sole 26635 4240 Lockheed Martin COM 539831099 392 5266 SH Sole 4589 677 Magellan Midstream Ptnrs LP COM 559080106 3831 81941 SH Sole 77736 4205 Manulife Financial Corp. COM 56501r106 175 12000 SH Sole 6000 6000 Markwest Energy Ptnr LP COM 570759100 1373 41950 SH Sole 35650 6300 Marriott Intl. Inc. COM 571903202 908 30327 SH Sole 30327 Martin Marietta Mtrl COM 573284106 556 6550 SH Sole 5875 675 McDonald's Corp. COM 580135101 247 3750 SH Sole 3350 400 Merck & Co. COM 589331107 5001 143000 SH Sole 143000 Microsoft Corp. COM 594918104 627 27250 SH Sole 27250 Monsanto Co. COM 61166w101 416 9000 SH Sole 9000 Montpelier Re Holdings LTD COM G62185106 657 44000 SH Sole 40300 3700 Nacco Inds Inc. CL A COM 652957910 961 10825 SH Sole 10115 710 National Aust Bank COM 632525408 452 23000 SH Sole 23000 News Corp LTD Cl A COM 65248e104 1409 117806 SH Sole 108056 9750 Nextera Engergy, Inc. COM 65339F101 692 14182 SH Sole 14182 Nokia Corp. Spon ADR COM 654902209 84 10325 SH Sole 10325 Nuveen Govt Income Fund COM 67090N109 172 12750 SH Sole 12750 Oneok Partners LP COM 68268N103 2662 41400 SH Sole 36400 5000 Pfizer Inc. COM 717081103 1803 126406 SH Sole 120706 5700 Philip Morris Intl Inc COM 718172109 435 9500 SH Sole 9500 Plum Creek Timber COM 729251108 235 6800 SH Sole 6800 Procter & Gamble Co COM 742718109 276 4600 SH Sole 2650 1950 Rayonier Inc COM 754907103 3120 70867 SH Sole 68767 2100 Royal Dutch Shell COM 780259206 989 19700 SH Sole 19700 Shaw Communications COM 82082k200 288 16000 SH Sole 16000 Spectra Energy Corp. COM 847560109 438 21800 SH Sole 21800 St. Joe Co COM 790148100 1253 54085 SH Sole 47210 6875 Suncor Energy Inc. COM 867229106 265 9000 SH Sole 9000 Texas Instruments COM 882508104 1117 48000 SH Sole 48000 The Bank of New York Mellon COM 064057102 516 20879 SH Sole 13719 7160 Toronto-Dominion Bank COM 891160509 403 6213 SH Sole 6213 Travelers Companies Inc. COM 792860108 328 6650 SH Sole 6650 U S G Corp. COM 903293405 831 68775 SH Sole 59450 9325 U.S. Bancorp COM 902973304 1755 78545 SH Sole 78545 VistaPrint Limited COM G93762204 7874 165800 SH Sole 153800 12000 W.P. Carey & Co LLC COM 92930Y107 2576 93200 SH Sole 90125 3075 Wal-Mart Stores COM 931142103 442 9200 SH Sole 9200 Walt Disney Co. COM 254687106 1151 36529 SH Sole 31729 4800 Waste Management, Inc. COM 94106L109 415 13275 SH Sole 12275 1000 Wells Fargo & Co. COM 949746101 2406 94000 SH Sole 86000 8000 Wells Fargo Adv Global Div Opp COM 30024H101 112 12500 SH Sole 12500 Westpac Banking Corp (ADR) COM 961214301 399 4500 SH Sole 4500 White Mountains Insurance Grou COM G9618E107 505 1557 SH Sole 1432 125 Zimmer Holdings Inc. COM 98956p102 268 4960 SH Sole 4960 iShares S&P US PFD Fund COM 464288687 296 8000 SH Sole 8000 Fidelity Asset Manager 50% MUT 316069103 156 11512.9140 SH Sole 11512.9140 Longleaf Partners Internationa MUT 543069405 229 18424.5230 SH Sole 14174.9090 4249.6140 Vanguard U.S. Value Fund MUT 922020201 92 10836.3540 SH Sole 10836.3540 REPORT SUMMARY 101 DATA RECORDS 117523 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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