What's in the portfolio of Dallas Fed President Robert Kaplan? Have a look

Author: Adam Button | Category: Central Banks

Kaplan was active in buying and selling stocks in 2020. He's also a part owner of the Kansas City Royals


While Dallas Fed President Robert Kaplan was advocating for unlimited quantitative easing last year he was also buying and selling stocks, the Wall Street Journal reports.

Kaplan had a total of 27 individual stock, fund or alternative asset holdings each valued at over $1 million. Mr. Kaplan's stockholdings included Apple Inc., Amazon.com Inc., Boeing Co., Alphabet Inc., Facebook Inc. and Marathon Petroleum Corp.
The disclosures show buying and selling over $1 million in 22 individual companies including Alibaba, General Electric, Chevron, Tesla and Texas-based EOG Resources.

The WSJ reviewed disclosures from 11 of the 12 regional presidents and the others "reported modest holdings of investment funds and little in the way of large stock trading."

A more detailed look at Kaplan's holdings shows a stake in the 'Big Rub BBQ' and the Kansas City Royals baseball team. He's one of the 22 owners of the team, a stake he purchased in 2019.
Kaplan was active in buying and selling stocks in 2020. He's also a part owner of the Kansas City Royals

It's clear that Kaplan is a very rich man, which isn't a surprise since he spent 20 years at Goldman Sachs and was Vice-Chairman.

As for transactions, the disclosures don't offer much insight with transactions above one million dollars listed as 'multiple' without further details. Three stocks he exclusively bought, without any hints of sales were Apple, Google and Oracle.

Based on the holdings, it's safe to say that he had a very good year last year even with the drag from energy shares. Of course, when you know the Fed will bail out the entire financial system and keep the party going no matter what, it's easier to buy big.
Kaplan transactions
And what do you get the guy who already has many millions? Evidently nothing. Here are gifts he received totaling $250 or more:
KC Royals Kaplan

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