Canal Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Canal Capital Management, LLC reported 171 stock positions worth $617.6 million. Its top holding was Old Dominion Freight Line (ODFL) at 16.1% of the portfolio, followed by Apple (AAPL, 5.0%) and Microsoft (MSFT, 3.2%). Compared with Q3 2024, it opened 28 new positions, sold out of 12, added to 67 and reduced 56. The biggest buy was Dominion Energy (D, shares +520%) and the biggest sale Duke Energy (DUK, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- Richmond, VA
- CIK
- 0001666733
- Portfolio Value
- $617.6M (Q4 2024)
- SEC Filing
- 0001420506-25-000437 ↗ filed Feb 14, 2025
Holdings Value
Holdings 171 stocks · $617.6M
| ODFL Old Dominion Freight Line | 16.13% | 564,660 | $99.6M | Add +1.6% |
| AAPL Apple Inc. | 5.01% | 123,577 | $30.9M | Reduce -0.9% |
| MSFT Microsoft Corp. | 3.18% | 46,572 | $19.6M | Add +1.1% |
| BX Blackstone Inc. | 2.59% | 92,724 | $16.0M | Reduce -12.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.51% | 145,178 | $15.5M | Reduce -5.7% |
| MO Altria Group Inc. | 2.42% | 285,368 | $14.9M | Add +0.2% |
| AVGO Broadcom Inc. | 2.35% | 62,672 | $14.5M | Reduce -3.5% |
| IEI iShares 3-7 Year Treasury Bo | 2.21% | 118,222 | $13.7M | Reduce -4.7% |
| IVV iShares Core S&P 500 ETF | 2.19% | 22,952 | $13.5M | Reduce -10.8% |
| PM Philip Morris International | 2.04% | 104,945 | $12.6M | Reduce -4.3% |
| TOTL SS Doubleline TR Tact ETF | 2.01% | 314,828 | $12.4M | Reduce -1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.94% | 26,490 | $12.0M | Reduce -0.1% |
| NVDA Nvidia Corp. | 1.76% | 80,987 | $10.9M | Reduce -1.8% |
| JPM JPMorgan Chase & Co. | 1.74% | 44,717 | $10.7M | Reduce -2.6% |
| WMT Walmart Inc. | 1.73% | 117,987 | $10.7M | Reduce -3.8% |
| GOOGL Alphabet Inc. Class A | 1.58% | 51,559 | $9.8M | Reduce -0.9% |
| IJR iShares Core S&P Small-Cap E | 1.54% | 82,551 | $9.5M | Add +18.2% |
| OEF iShares S&P 100 ETF | 1.48% | 31,553 | $9.1M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 1.42% | 39,928 | $8.8M | Add +1.3% |
| VOO Vanguard S&P 500 ETF | 1.35% | 15,477 | $8.3M | Add +0.3% |
| PANW Palo Alto Networks Inc. | 1.29% | 43,718 | $8.0M | Reduce -1.4% |
| IJH iShares Core S&P Midcap ETF | 1.23% | 121,512 | $7.6M | Add +0.5% |
| LMT Lockheed Martin Corp. | 1.21% | 15,437 | $7.5M | Add +0.1% |
| UNH Unitedhealth Group Inc. | 1.11% | 13,557 | $6.9M | Reduce -1.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.10% | 13,341 | $6.8M | Reduce -28.1% |
| FERG Ferguson Enterprises Inc. | 1.04% | 36,993 | $6.4M | Reduce -1.0% |
| XOM Exxon Mobil Corp. | 1.04% | 59,588 | $6.4M | Reduce -0.1% |
| HD Home Depot Inc. | 1.03% | 16,404 | $6.4M | Reduce -0.8% |
| V Visa Inc. Class A | 1.02% | 19,949 | $6.3M | Add +0.8% |
| IWF iShares Russell 1000 Growth | 1.00% | 15,342 | $6.2M | Reduce -0.1% |
| JNJ Johnson & Johnson | 0.98% | 41,939 | $6.1M | Reduce -11.4% |
| CRH CRH PLC | 0.96% | 64,390 | $6.0M | Add +1.7% |
| GD General Dynamics Corp. | 0.92% | 21,598 | $5.7M | Add +0.7% |
| ABBV Abbvie Inc. | 0.86% | 29,806 | $5.3M | Reduce -3.6% |
| UPS United Parcel Service Class B | 0.83% | 40,876 | $5.2M | Reduce -5.4% |
| INTU Intuit Inc. | 0.83% | 8,183 | $5.1M | Add +2.4% |
| BAM Brookfield Asset Mgmt-A | 0.81% | 92,442 | $5.0M | Reduce -1.1% |
| SRLN SS Blackstone Sr Loan ETF | 0.78% | 115,011 | $4.8M | Add +3.6% |
| DVN Devon Energy Corp. | 0.77% | 145,553 | $4.8M | Reduce -0.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.77% | 6,823 | $4.7M | Add +9.9% |
| CRM Salesforce Inc. | 0.74% | 13,752 | $4.6M | Add +1.4% |
| O Realty Income Corp. | 0.74% | 85,875 | $4.6M | Reduce -22.6% |
| BG Bunge Global SA | 0.74% | 58,577 | $4.6M | Reduce -13.4% |
| ISRG Intuitive Surgical Inc. | 0.70% | 8,330 | $4.3M | Reduce -2.5% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.69% | 4,065 | $4.3M | Add +1.8% |
| ORLY O'reilly Automotive Inc. | 0.68% | 3,544 | $4.2M | Add +2.6% |
| NOW ServiceNow Inc. | 0.66% | 3,855 | $4.1M | Reduce -0.8% |
| D Dominion Energy Inc. | 0.66% | 75,676 | $4.1M | Add +520.2% |
| ADBE Adobe Inc. | 0.64% | 8,893 | $4.0M | Add +20.3% |
| KNSL Kinsale Capital Group Inc. | 0.59% | 7,818 | $3.6M | Add +10.5% |
| DHR Danaher Corp. | 0.57% | 15,307 | $3.5M | Add +2.0% |
| DOW Dow Inc. | 0.57% | 87,254 | $3.5M | Reduce -4.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.54% | 43,857 | $3.3M | New |
| AGG iShares Core U.S. Aggregate | 0.50% | 31,913 | $3.1M | Add +48.7% |
| AOA iShares Core 80/20 Aggressiv | 0.46% | 37,256 | $2.9M | Add +1.1% |
| JNK SS SPDR BB High Yield Bond | 0.46% | 29,607 | $2.8M | Add +43.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.45% | 4,698 | $2.8M | Add +25.0% |
| SNPS Synopsys Inc. | 0.43% | 5,517 | $2.7M | New |
| IEF iShares 7-10 Year Treasury B | 0.41% | 27,598 | $2.6M | Add +4.0% |
| NFLX Netflix Inc. | 0.39% | 2,734 | $2.4M | No change |
| IIIN Insteel Industries Inc. | 0.39% | 89,460 | $2.4M | Reduce -15.5% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.38% | 88,890 | $2.3M | Reduce -3.2% |
| AUB Atlantic Union Bankshares Co. | 0.37% | 60,280 | $2.3M | Add +1.0% |
| VEA Vanguard Ftse Developed ETF | 0.34% | 43,535 | $2.1M | Add +11.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.30% | 7,822 | $1.9M | No change |
| BRNY Burney US Factor Rotation | 0.25% | 36,520 | $1.5M | No change |
| GOOG Alphabet Inc. Class C | 0.24% | 7,819 | $1.5M | Reduce -4.0% |
| GLD SPDR Gold Shares | 0.23% | 5,961 | $1.4M | Add +103.2% |
| TQQQ Proshares Ultrapro QQQ | 0.23% | 17,950 | $1.4M | No change |
| COF Capital One Financial Corp. | 0.23% | 7,924 | $1.4M | Reduce -21.1% |
| LLY Eli Lilly & Co. | 0.22% | 1,761 | $1.4M | Add +0.6% |
| IHE iShares US Pharmaceuticals E | 0.22% | 20,504 | $1.3M | New |
| PNC PNC Financial Services Group | 0.22% | 6,911 | $1.3M | Reduce -1.9% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.22% | 33,663 | $1.3M | No change |
| KO The Coca-Cola Co. | 0.21% | 21,009 | $1.3M | Add +183.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.20% | 36,688 | $1.3M | Add +3.7% |
| PDBC Invesco Optimum Yield Divers | 0.20% | 92,947 | $1.2M | Add +116.5% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.19% | 20,806 | $1.2M | Add +114.4% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.18% | 25,228 | $1.1M | New |
| CVX Chevron Corp. | 0.18% | 7,685 | $1.1M | Reduce -12.1% |
| CSCO Cisco Systems Inc. | 0.18% | 18,507 | $1.1M | Reduce -3.2% |
| PROSHARES TR | 0.18% | 55,385 | $1.1M | Add +33.9% |
| VOOG Vanguard S&P 500 Growth ETF | 0.17% | 2,903 | $1.1M | New |
| MA Mastercard Inc. Class A | 0.17% | 2,007 | $1.1M | Add +0.7% |
| VCIT Vanguard Int-Term Corporate | 0.16% | 12,401 | $995K | New |
| VGSH Vanguard Short-Term Treasury | 0.16% | 16,984 | $988K | Add +68.1% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 4,509 | $883K | Reduce -2.7% |
| MOO Vaneck Agribusiness ETF | 0.14% | 13,683 | $883K | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.14% | 2,136 | $877K | Add +188.7% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.14% | 4,382 | $868K | No change |
| UDOW Proshares Ultrapro DOW30 | 0.14% | 8,980 | $849K | No change |
| XLRE SS Real Estate Select Sector | 0.12% | 18,742 | $762K | New |
| TFC Truist Financial Corp. | 0.12% | 17,002 | $738K | Add +0.4% |
| DUK Duke Energy Corp. | 0.11% | 6,580 | $709K | Reduce -90.7% |
| ARCC Ares Capital Corp. | 0.11% | 31,091 | $681K | Reduce -22.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.11% | 7,654 | $658K | No change |
| RWR SS SPDR Dow Jones REIT ETF | 0.11% | 6,605 | $653K | New |
| DD Dupont DE Nemours Inc. | 0.10% | 8,180 | $624K | Add +0.5% |
| IEO iShares U.S. Oil & Gas Explo | 0.10% | 6,842 | $613K | New |
| TSLA Tesla Inc. | 0.09% | 1,449 | $585K | Add +5.8% |
Portfolio Sells Q3 2024 → Q4 2024
| DUK Duke Energy Corp. | Reduce -90.7% | 0.11% | −1.19 |
| O Realty Income Corp. | Reduce -22.6% | 0.74% | −0.38 |
| ALB Albemarle Corp. | Sold out | 0.00% | −0.36 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -28.1% | 1.10% | −0.34 |
| BG Bunge Global SA | Reduce -13.4% | 0.74% | −0.31 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -5.7% | 2.51% | −0.27 |
| JNJ Johnson & Johnson | Reduce -11.4% | 0.98% | −0.24 |
| GBIL Goldman Sachs Access Treasur | Sold out | 0.00% | −0.23 |
| DOW Dow Inc. | Reduce -4.3% | 0.57% | −0.23 |
| SW Smurfit Westrock PLC | Sold out | 0.00% | −0.23 |
| IVV iShares Core S&P 500 ETF | Reduce -10.8% | 2.19% | −0.18 |
| UNH Unitedhealth Group Inc. | Reduce -1.4% | 1.11% | −0.17 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -4.7% | 2.21% | −0.16 |
| FERG Ferguson Enterprises Inc. | Reduce -1.0% | 1.04% | −0.14 |
| DVN Devon Energy Corp. | Reduce -0.3% | 0.77% | −0.14 |
| IIIN Insteel Industries Inc. | Reduce -15.5% | 0.39% | −0.13 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.12 |
| ABBV Abbvie Inc. | Reduce -3.6% | 0.86% | −0.12 |
| TOTL SS Doubleline TR Tact ETF | Reduce -1.7% | 2.01% | −0.11 |
| UPS United Parcel Service Class B | Reduce -5.4% | 0.83% | −0.11 |
| PM Philip Morris International | Reduce -4.3% | 2.04% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -0.1% | 1.04% | −0.08 |
| VLO Valero Energy Corp. | Reduce -41.0% | 0.07% | −0.06 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Sold out | 0.00% | −0.06 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.05 |
| GSK GSK PLC-Spon ADR | Reduce -41.3% | 0.05% | −0.05 |
| NVS Novartis AG-Sponsored ADR | Reduce -38.4% | 0.05% | −0.05 |
| NPV Nuveen Va QLTY Muni Inc. | Sold out | 0.00% | −0.04 |
| HD Home Depot Inc. | Reduce -0.8% | 1.03% | −0.04 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Reduce -3.2% | 0.38% | −0.04 |
| IGSB iShares 1-5Y Inv Grade Corp. | Sold out | 0.00% | −0.03 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.03 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.03 |
| TGT Target Corp. | Sold out | 0.00% | −0.03 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.03 |
| CVX Chevron Corp. | Reduce -12.1% | 0.18% | −0.03 |
| ARCC Ares Capital Corp. | Reduce -22.2% | 0.11% | −0.02 |
| ELV Elevance Health Inc. | Reduce -7.6% | 0.04% | −0.02 |
| SUI Sun Communities Inc. | Reduce -21.2% | 0.05% | −0.02 |
| BKT BlackRock Income Trust | Reduce -26.9% | 0.03% | −0.01 |
| CSQ Calamos Strat TTL RTRN FND | Reduce -22.9% | 0.05% | −0.01 |
| COF Capital One Financial Corp. | Reduce -21.1% | 0.23% | −0.01 |
| PEP Pepsico Inc. | Reduce -10.1% | 0.03% | −0.01 |
| SMAR Smartsheet Inc. Class A | Reduce -11.0% | 0.07% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 1.94% | −0.01 |
| AOR iShares Core 60/40 Balanced | Reduce -5.2% | 0.06% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.7% | 0.14% | −0.00 |
| RTX RTX Corp. | Reduce -0.5% | 0.08% | −0.00 |
| COST Costco Wholesale Corp. | Reduce -2.9% | 0.09% | +0.00 |
| BX Blackstone Inc. | Reduce -12.3% | 2.59% | +0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| D Dominion Energy Inc. | Add +520.2% | 0.66% | +0.55 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.54% | +0.54 |
| SNPS Synopsys Inc. | New | 0.43% | +0.43 |
| AMZN Amazon.com Inc. | Add +1.3% | 1.42% | +0.24 |
| IJR iShares Core S&P Small-Cap E | Add +18.2% | 1.54% | +0.24 |
| IHE iShares US Pharmaceuticals E | New | 0.22% | +0.22 |
| SPSM SS SPDR P S&P 600 Small Cap | New | 0.18% | +0.18 |
| VOOG Vanguard S&P 500 Growth ETF | New | 0.17% | +0.17 |
| VCIT Vanguard Int-Term Corporate | New | 0.16% | +0.16 |
| AGG iShares Core U.S. Aggregate | Add +48.7% | 0.50% | +0.15 |
| V Visa Inc. Class A | Add +0.8% | 1.02% | +0.15 |
| CRM Salesforce Inc. | Add +1.4% | 0.74% | +0.15 |
| MOO Vaneck Agribusiness ETF | New | 0.14% | +0.14 |
| JNK SS SPDR BB High Yield Bond | Add +43.4% | 0.46% | +0.14 |
| KO The Coca-Cola Co. | Add +183.3% | 0.21% | +0.13 |
| XLRE SS Real Estate Select Sector | New | 0.12% | +0.12 |
| GLD SPDR Gold Shares | Add +103.2% | 0.23% | +0.12 |
| RWR SS SPDR Dow Jones REIT ETF | New | 0.11% | +0.11 |
| PDBC Invesco Optimum Yield Divers | Add +116.5% | 0.20% | +0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +25.0% | 0.45% | +0.10 |
| IEO iShares U.S. Oil & Gas Explo | New | 0.10% | +0.10 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +188.7% | 0.14% | +0.10 |
| MO Altria Group Inc. | Add +0.2% | 2.42% | +0.09 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +114.4% | 0.19% | +0.09 |
| IYT iShares US Transportation Et | New | 0.09% | +0.09 |
| IBIT iShares Bitcoin Trust ETF | New | 0.08% | +0.08 |
| VGSH Vanguard Short-Term Treasury | Add +68.1% | 0.16% | +0.06 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.06% | +0.06 |
| KNSL Kinsale Capital Group Inc. | Add +10.5% | 0.59% | +0.06 |
| XLB SS Materials Select Sector | New | 0.06% | +0.06 |
| MSTR Strategy Inc. | New | 0.05% | +0.05 |
| BHV BlackRock Virginia Muni BND | New | 0.05% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 1.35% | +0.05 |
| ORLY O'reilly Automotive Inc. | Add +2.6% | 0.68% | +0.05 |
| MKL Markel Group Inc. | New | 0.04% | +0.04 |
| PHO Invesco Water Resources ETF | New | 0.04% | +0.04 |
| PROSHARES TR | Add +33.9% | 0.18% | +0.04 |
| INTU Intuit Inc. | Add +2.4% | 0.83% | +0.04 |
| TSLA Tesla Inc. | Add +5.8% | 0.09% | +0.04 |
| MRVL Marvell Technology Inc. | New | 0.04% | +0.04 |
| SRLN SS Blackstone Sr Loan ETF | Add +3.6% | 0.78% | +0.04 |
| USA Liberty All Star Equity Fund | New | 0.04% | +0.04 |
| GS Goldman Sachs Group Inc. | New | 0.04% | +0.04 |
| XYZ Block Inc. | New | 0.03% | +0.03 |
| FXG First Trust Consumer Staples | New | 0.03% | +0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.03% | +0.03 |
| GWW WW Grainger Inc. | Add +1.8% | 0.69% | +0.03 |
| ADBE Adobe Inc. | Add +20.3% | 0.64% | +0.03 |
| RVT Royce Small-Cap Trust Inc. | New | 0.03% | +0.03 |
| IEV iShares Europe ETF | Add +57.1% | 0.09% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 220 | $818.7M | ODFL, AAPL, QQQ, MSFT, SCHX |
| Q1 2026 | 207 | $738.8M | ODFL, AAPL, QQQ, MSFT, LQD |
| Q4 2025 | 188 | $704.9M | ODFL, AAPL, MSFT, LQD, AVGO |
| Q3 2025 | 186 | $666.1M | ODFL, AAPL, MSFT, LQD, AVGO |
| Q2 2025 | 188 | $634.3M | ODFL, AAPL, MSFT, LQD, PM |
| Q1 2025 | 161 | $597.3M | ODFL, AAPL, MSFT, LQD, MO |
| Q4 2024 | 171 | $617.6M | ODFL, AAPL, MSFT, BX, LQD |
| Q3 2024 | 155 | $626.1M | ODFL, AAPL, MSFT, LQD, BX |
| Q2 2024 | 147 | $585.7M | ODFL, AAPL, MSFT, LQD, IVV |
| Q1 2024 | 143 | $595.5M | ODFL, AAPL, MSFT, LQD, IEI |