Karpas Strategies 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
SEALED AIR CORP NEW COM	Stock	81211K100	225	3,900	SH		SOLE	0	3,900	0	0
SHAW COMMUNICATIONS INC CL B CONV	Stock	82028K200	471	16,000	SH		SOLE	0	16,000	0	0
JOHNSON & JOHNSON COM	Stock	478160104	23,789	134,012	SH		SOLE	0	133,632	0	379
WASTE MGMT INC DEL COM	Stock	94106L109	1,574	10,287	SH		SOLE	0	10,287	0	0
ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN	Stock	01881G106	674	16,217	SH		SOLE	0	16,217	0	0
HCA HEALTHCARE INC COM	Stock	40412C101	321	1,908	SH		SOLE	0	1,907	0	0
SHELL PLC SPON ADS	ADR	780259305	463	8,852	SH		SOLE	0	8,852	0	0
LIBERTY MEDIA CORP DEL COM A SIRIUSXM	Stock	531229409	278	7,702	SH		SOLE	0	7,702	0	0
LIBERTY MEDIA CORP DEL COM C SIRIUSXM	Stock	531229607	652	18,074	SH		SOLE	0	18,074	0	0
PROCTER AND GAMBLE CO COM	Stock	742718109	917	6,374	SH		SOLE	0	6,373	0	0
COCA COLA CO COM	Stock	191216100	1,613	25,637	SH		SOLE	0	25,636	0	0
MARRIOTT INTL INC NEW CL A	Stock	571903202	262	1,925	SH		SOLE	0	1,925	0	0
CME GROUP INC COM	Stock	12572Q105	1,024	5,000	SH		SOLE	0	5,000	0	0
MERCK & CO INC COM	Stock	58933Y105	12,258	134,456	SH		SOLE	0	134,455	0	0
ANNALY CAPITAL MANAGEMENT INC COM	REIT	035710409	3,527	596,779	SH		SOLE	0	589,867	0	6,912
BANK NEW YORK MELLON CORP COM	Stock	064058100	945	22,668	SH		SOLE	0	21,410	0	1,257
VERIZON COMMUNICATIONS INC COM	Stock	92343V104	446	8,780	SH		SOLE	0	8,780	0	0
CHUBB LIMITED COM	Stock	H1467J104	2,910	14,804	SH		SOLE	0	14,804	0	0
PEPSICO INC COM	Stock	713448108	635	3,811	SH		SOLE	0	3,811	0	0
HONEYWELL INTL INC COM	Stock	438516106	955	5,496	SH		SOLE	0	5,495	0	0
US BANCORP DEL COM NEW	Stock	902973304	2,587	56,204	SH		SOLE	0	54,204	0	2,000
BP PLC SPONSORED ADR	ADR	055622104	555	19,584	SH		SOLE	0	19,584	0	0
SUNCOR ENERGY INC NEW COM	Stock	867224107	316	9,000	SH		SOLE	0	9,000	0	0
LUMEN TECHNOLOGIES INC COM	Stock	550241103	9,951	912,078	SH		SOLE	0	901,163	0	10,914
BERKSHIRE HATHAWAY INC DEL CL B NEW	Stock	084670702	7,972	29,198	SH		SOLE	0	28,773	0	425
WEYERHAEUSER CO MTN BE COM NEW	REIT	962166104	584	17,628	SH		SOLE	0	17,628	0	0
ALPHABET INC CAP STK CL A	Stock	02079K305	248	114	SH		SOLE	0	114	0	0
FISERV INC COM	Stock	337738108	4,154	46,695	SH		SOLE	0	45,945	0	750
COMCAST CORP NEW CL A	Stock	20030N101	4,871	124,127	SH		SOLE	0	122,989	0	1,138
MICROSOFT CORP COM	Stock	594918104	4,640	18,068	SH		SOLE	0	18,067	0	0
WYNDHAM HOTELS & RESORTS INC COM	Stock	98311A105	525	7,992	SH		SOLE	0	7,991	0	0
CVS HEALTH CORP COM	Stock	126650100	1,504	16,234	SH		SOLE	0	16,234	0	0
JEFFERIES FINL GROUP INC COM	Stock	47233W109	3,366	121,853	SH		SOLE	0	121,853	0	0
AMERIPRISE FINL INC COM	Stock	03076C106	252	1,060	SH		SOLE	0	1,060	0	0
BERKSHIRE HATHAWAY INC DEL CL A	Stock	084670108	2,863	7	SH		SOLE	0	7	0	0
NEXTERA ENERGY INC COM	Stock	65339F101	1,631	21,054	SH		SOLE	0	21,054	0	0
EASTGROUP PPTYS INC COM	REIT	277276101	995	6,450	SH		SOLE	0	6,450	0	0
BROOKFIELD RENEWABLE PARTNERS PARTNERSHIP UNIT	Stock	G16258108	7,850	225,585	SH		SOLE	0	225,585	0	0
UDR INC COM	REIT	902653104	274	5,956	SH		SOLE	0	5,956	0	0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH	Stock	112585104	31,953	718,534	SH		SOLE	0	713,126	0	5,408
HOWARD HUGHES CORP COM	Stock	44267D107	1,343	19,732	SH		SOLE	0	19,732	0	0
CONSOLIDATED EDISON INC COM	Stock	209115104	205	2,155	SH		SOLE	0	2,154	0	0
GENERAL MTRS CO COM	Stock	37045V100	2,823	88,883	SH		SOLE	0	87,383	0	1,500
APOLLO GLOBAL MGMT INC COM	Stock	03769M106	1,212	25,000	SH		SOLE	0	25,000	0	0
DUKE ENERGY CORP NEW COM NEW	Stock	26441C204	438	4,085	SH		SOLE	0	4,084	0	0
BROOKFIELD INFRASTRUCTURE CORP COM SB VTG SHS A	Stock	11275Q107	1,784	41,974	SH		SOLE	0	41,642	0	332
TRAVEL PLUS LEISURE CO COM	Stock	894164102	311	8,010	SH		SOLE	0	8,010	0	0
BROOKFIELD RENEWABLE CORP CL A SUB VTG	Stock	11284V105	2,011	56,476	SH		SOLE	0	56,476	0	0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP	Stock	559080106	8,616	180,400	SH		SOLE	0	180,400	0	0
VIATRIS INC COM	Stock	92556V106	122	11,699	SH		SOLE	0	11,699	0	0
DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF	ETF	25434V203	274	11,355	SH		SOLE	0	11,354	0	0
XYLEM INC COM	Stock	98419M100	201	2,577	SH		SOLE	0	2,577	0	0
ORGANON & CO COMMON STOCK	Stock	68622V106	491	14,539	SH		SOLE	0	14,538	0	0
DIMENSIONAL U.S. SMALL CAP ETF	ETF	25434V500	438	9,116	SH		SOLE	0	9,116	0	0
PHILLIPS 66 COM	Stock	718546104	730	8,903	SH		SOLE	0	8,903	0	0
WARNER BROS DISCOVERY INC COM SER A	Stock	934423104	461	34,379	SH		SOLE	0	34,379	0	0
MONDELEZ INTL INC CL A	Stock	609207105	482	7,758	SH		SOLE	0	7,758	0	0
HYSTER YALE MATLS HANDLING INC CL A	Stock	449172105	403	12,498	SH		SOLE	0	12,498	0	0
WP CAREY INC COM	REIT	92936U109	5,556	67,054	SH		SOLE	0	67,053	0	0
MPLX LP COM UNIT REP LTD	Stock	55336V100	4,643	159,279	SH		SOLE	0	159,279	0	0
MARTIN MARIETTA MATLS INC COM	Stock	573284106	1,031	3,445	SH		SOLE	0	3,444	0	0
HSBC HLDGS PLC SPON ADR NEW	ADR	404280406	889	27,200	SH		SOLE	0	27,200	0	0
NEW YORK CMNTY BANCORP INC COM	Stock	649445103	262	28,733	SH		SOLE	0	28,733	0	0
KINDER MORGAN INC DEL COM	Stock	49456B101	2,095	124,997	SH		SOLE	0	124,997	0	0
WHITE MTNS INS GROUP LTD COM	Stock	G9618E107	874	702	SH		SOLE	0	701	0	0
ACCENTURE PLC IRELAND SHS CLASS A	Stock	G1151C101	405	1,457	SH		SOLE	0	1,457	0	0
ENBRIDGE INC COM	Stock	29250N105	3,165	74,903	SH		SOLE	0	71,623	0	3,280
ABBVIE INC COM	Stock	00287Y109	979	6,394	SH		SOLE	0	6,394	0	0
MANULIFE FINL CORP COM	Stock	56501R106	208	12,000	SH		SOLE	0	12,000	0	0
NATIONAL FUEL GAS CO COM	Stock	636180101	225	3,404	SH		SOLE	0	3,404	0	0
LIBERTY GLOBAL PLC SHS CL A	Stock	G5480U104	433	20,557	SH		SOLE	0	20,557	0	0
ZIMMER BIOMET HOLDINGS INC COM	Stock	98956P102	521	4,960	SH		SOLE	0	4,960	0	0
BLACKSTONE MTG TR INC COM CL A	REIT	09257W100	2,307	83,365	SH		SOLE	0	83,364	0	0
MCDONALDS CORP COM	Stock	580135101	714	2,891	SH		SOLE	0	2,891	0	0
LIBERTY GLOBAL PLC SHS CL C	Stock	G5480U120	6,223	281,694	SH		SOLE	0	279,394	0	2,300
NEWS CORP NEW CL A	Stock	65249B109	215	13,818	SH		SOLE	0	13,818	0	0
AT&T INC COM	Stock	00206R102	1,341	63,986	SH		SOLE	0	63,986	0	0
GENERAL ELECTRIC CO COM NEW	Stock	369604301	660	10,369	SH		SOLE	0	10,368	0	0
ONEOK INC NEW COM	Stock	682680103	3,933	70,869	SH		SOLE	0	70,869	0	0
WELLS FARGO CO NEW COM	Stock	949746101	2,733	69,781	SH		SOLE	0	68,356	0	1,425
ISHARES PREFERRED AND INCOME SECURITIES ETF	ETF	464288687	1,139	34,637	SH		SOLE	0	34,637	0	0
THERMO FISHER SCIENTIFIC INC COM	Stock	883556102	672	1,236	SH		SOLE	0	1,236	0	0
LOCKHEED MARTIN CORP COM	Stock	539830109	790	1,838	SH		SOLE	0	1,838	0	0
JPMORGAN CHASE & CO COM	Stock	46625H100	2,416	21,457	SH		SOLE	0	21,457	0	0
HARTFORD FINL SVCS GROUP INC COM	Stock	416515104	327	5,000	SH		SOLE	0	5,000	0	0
CHEVRON CORP NEW COM	Stock	166764100	2,231	15,411	SH		SOLE	0	14,575	0	835
CONOCOPHILLIPS COM	Stock	20825C104	2,136	23,780	SH		SOLE	0	23,780	0	0
MARKEL CORP COM	Stock	570535104	903	698	SH		SOLE	0	698	0	0
WALMART INC COM	Stock	931142103	322	2,648	SH		SOLE	0	2,647	0	0
INTERNATIONAL BUSINESS MACHS COM	Stock	459200101	401	2,841	SH		SOLE	0	2,841	0	0
TEXAS INSTRS INC COM	Stock	882508104	7,334	47,735	SH		SOLE	0	47,735	0	0
PFIZER INC COM	Stock	717081103	7,308	139,385	SH		SOLE	0	137,758	0	1,626
AMERICAN EXPRESS CO COM	Stock	025816109	1,106	7,981	SH		SOLE	0	7,981	0	0
BLACKROCK ENHANCED INTL DIV TR COM BENE INTER	CEF	092524107	67	13,320	SH		SOLE	0	13,319	0	0
ENSTAR GROUP LIMITED SHS	Stock	G3075P101	4,001	18,698	SH		SOLE	0	18,323	0	375
LIBERTY MEDIA CORP DEL COM SER C FRMLA	Stock	531229854	225	3,541	SH		SOLE	0	3,541	0	0
BROOKFIELD INFRAST PARTNERS LP LP INT UNIT	Stock	G16252101	11,854	310,163	SH		SOLE	0	307,163	0	3,000
LIBERTY BROADBAND CORP COM SER A	Stock	530307107	221	1,949	SH		SOLE	0	1,949	0	0
LIBERTY BROADBAND CORP COM SER C	Stock	530307305	1,117	9,658	SH		SOLE	0	9,658	0	0
CIMPRESS PLC SHS EURO	Stock	G2143T103	3,315	85,216	SH		SOLE	0	85,216	0	0
BRISTOL-MYERS SQUIBB CO COM	Stock	110122108	2,596	33,713	SH		SOLE	0	33,712	0	0
CITIGROUP INC COM NEW	Stock	172967424	2,797	60,817	SH		SOLE	0	59,616	0	1,201
EXXON MOBIL CORP COM	Stock	30231G102	3,263	38,106	SH		SOLE	0	36,549	0	1,557
TRAVELERS COMPANIES INC COM	Stock	89417E109	480	2,840	SH		SOLE	0	2,840	0	0
DEERE & CO COM	Stock	244199105	1,180	3,939	SH		SOLE	0	3,939	0	0
TRITON INTL LTD CL A	Stock	G9078F107	783	14,874	SH		SOLE	0	14,873	0	0
DEVON ENERGY CORP NEW COM	Stock	25179M103	491	8,902	SH		SOLE	0	8,902	0	0
RAYONIER INC COM	REIT	754907103	3,107	83,114	SH		SOLE	0	83,113	0	0
LIBERTY LATIN AMERICA LTD COM CL C	Stock	G9001E128	782	100,395	SH		SOLE	0	100,395	0	0
CHARLES SCHWAB CORP COM	Stock	808513105	11,658	184,528	SH		SOLE	0	179,732	0	4,795
TORONTO DOMINION BK ONT COM NEW	Stock	891160509	269	4,100	SH		SOLE	0	2,434	0	1,666
APPLE INC COM	Stock	037833100	1,250	9,146	SH		SOLE	0	9,146	0	0
ABBOTT LABS COM	Stock	002824100	1,172	10,784	SH		SOLE	0	10,784	0	0
WALT DISNEY CO COM	Stock	254687106	5,069	53,695	SH		SOLE	0	53,694	0	0
CSW INDUSTRIALS INC COM	Stock	126402106	309	3,000	SH		SOLE	0	3,000	0	0