Canal Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed January 6, 2026), Canal Capital Management, LLC reported 186 stock positions worth $666.1 million. Its top holding was Old Dominion Freight Line (ODFL) at 8.4% of the portfolio, followed by Apple (AAPL, 4.9%) and Microsoft (MSFT, 4.1%). Compared with Q2 2025, it opened 11 new positions, sold out of 13, added to 89 and reduced 71. The biggest buy was Eli Lilly (LLY, shares +300%) and the biggest sale an exit from Danaher (DHR).
- Most Recent 13F
- Q2 2026
- Location
- Richmond, VA
- CIK
- 0001666733
- Portfolio Value
- $666.1M (Q3 2025)
- SEC Filing
- 0001420506-26-000022 ↗ filed Jan 6, 2026
Holdings Value
Holdings 186 stocks · $666.1M
| ODFL Old Dominion Freight Line | 8.44% | 399,103 | $56.2M | Add +0.1% |
| AAPL Apple Inc. | 4.94% | 129,333 | $32.9M | Reduce -1.5% |
| MSFT Microsoft Corp. | 4.07% | 52,386 | $27.1M | Reduce -0.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.94% | 175,500 | $19.6M | Add +0.7% |
| AVGO Broadcom Inc. | 2.88% | 58,172 | $19.2M | Reduce -2.0% |
| IVV iShares Core S&P 500 ETF | 2.42% | 24,051 | $16.1M | Reduce -2.9% |
| IEI iShares 3-7 Year Treasury Bo | 2.38% | 132,622 | $15.8M | Add +2.1% |
| PM Philip Morris International | 2.36% | 97,111 | $15.8M | Reduce -1.5% |
| NVDA Nvidia Corp. | 2.28% | 81,496 | $15.2M | Reduce -2.5% |
| BX Blackstone Inc. | 2.24% | 87,220 | $14.9M | Reduce -2.3% |
| TOTL SS Doubleline TR Tact ETF | 2.22% | 364,254 | $14.8M | Add +2.2% |
| JPM JPMorgan Chase & Co. | 2.16% | 45,555 | $14.4M | Reduce -0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.12% | 28,108 | $14.1M | Add +1.5% |
| MO Altria Group Inc. | 2.10% | 211,286 | $14.0M | Reduce -8.5% |
| GOOGL Alphabet Inc. Class A | 1.96% | 53,797 | $13.1M | Reduce -3.8% |
| WMT Walmart Inc. | 1.76% | 113,553 | $11.7M | Add +0.3% |
| AMZN Amazon.com Inc. | 1.46% | 44,184 | $9.7M | Add +1.1% |
| OEF iShares S&P 100 ETF | 1.45% | 29,083 | $9.7M | Reduce -1.6% |
| JNJ Johnson & Johnson | 1.40% | 50,277 | $9.3M | Add +1.1% |
| PANW Palo Alto Networks Inc. | 1.29% | 42,255 | $8.6M | Add +0.8% |
| QQQ Invesco QQQ Trust Series 1 | 1.29% | 14,328 | $8.6M | Add +55.0% |
| IJR iShares Core S&P Small-Cap E | 1.29% | 72,322 | $8.6M | Reduce -1.2% |
| FERG Ferguson Enterprises Inc. | 1.26% | 37,457 | $8.4M | Reduce -0.3% |
| QCOM Qualcomm Inc. | 1.26% | 50,446 | $8.4M | Add +2.9% |
| VOO Vanguard S&P 500 ETF | 1.24% | 13,488 | $8.3M | Reduce -0.3% |
| IJH iShares Core S&P Midcap ETF | 1.22% | 124,837 | $8.1M | Reduce -0.7% |
| CRH CRH PLC | 1.19% | 65,939 | $7.9M | Add +0.9% |
| ASML ASML Holding NV-NY Reg SHS | 1.18% | 8,097 | $7.8M | Add +3.0% |
| XOM Exxon Mobil Corp. | 1.13% | 66,775 | $7.5M | Add +0.8% |
| D Dominion Energy Inc. | 1.13% | 122,643 | $7.5M | Add +2.4% |
| BABA Alibaba Group Holding-SP ADR | 1.11% | 41,236 | $7.4M | Add +0.8% |
| T AT&T Inc. | 1.08% | 255,492 | $7.2M | Add +3.8% |
| HD Home Depot Inc. | 1.08% | 17,804 | $7.2M | Add +1.9% |
| V Visa Inc. Class A | 1.08% | 21,018 | $7.2M | Add +0.4% |
| O Realty Income Corp. | 1.08% | 117,999 | $7.2M | Add +3.0% |
| IWF iShares Russell 1000 Growth | 1.05% | 14,894 | $7.0M | Reduce -1.6% |
| INTU Intuit Inc. | 0.99% | 9,691 | $6.6M | Add +1.5% |
| OMC Omnicom Group | 0.98% | 80,281 | $6.5M | Add +2.9% |
| AMGN Amgen Inc. | 0.95% | 22,352 | $6.3M | Add +3.4% |
| DVN Devon Energy Corp. | 0.90% | 171,351 | $6.0M | Add +1.8% |
| AMT American Tower Corp. | 0.90% | 31,059 | $6.0M | Add +4.0% |
| ORLY O'reilly Automotive Inc. | 0.88% | 54,493 | $5.9M | Reduce -0.2% |
| SRLN SS Blackstone Sr Loan ETF | 0.84% | 134,587 | $5.6M | Add +0.8% |
| KKR KKR & Co. Inc. | 0.82% | 42,019 | $5.5M | Reduce -0.9% |
| BAM Brookfield Asset Mgmt-A | 0.80% | 93,116 | $5.3M | Add +1.2% |
| LLY Eli Lilly & Co. | 0.78% | 6,785 | $5.2M | Add +299.6% |
| MLM Martin Marietta Materials | 0.73% | 7,722 | $4.9M | Add +0.8% |
| KNSL Kinsale Capital Group Inc. | 0.66% | 10,289 | $4.4M | Add +9.6% |
| CDNS Cadence Design SYS Inc. | 0.64% | 12,159 | $4.3M | Add +0.5% |
| JNK SS SPDR BB High Yield Bond | 0.58% | 39,198 | $3.8M | Add +3.1% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.56% | 3,893 | $3.7M | Add +3.5% |
| IEF iShares 7-10 Year Treasury B | 0.55% | 38,281 | $3.7M | Add +0.8% |
| ISRG Intuitive Surgical Inc. | 0.54% | 8,092 | $3.6M | Add +0.3% |
| NOW ServiceNow Inc. | 0.54% | 3,932 | $3.6M | Add +4.6% |
| NFLX Netflix Inc. | 0.51% | 2,807 | $3.4M | Reduce -1.0% |
| AOA iShares Core 80/20 Aggressiv | 0.48% | 36,579 | $3.2M | Reduce -2.4% |
| WSO Watsco Inc. | 0.48% | 7,887 | $3.2M | Reduce -35.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.45% | 4 | $3.0M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.39% | 3,899 | $2.6M | Reduce -3.1% |
| VEA Vanguard Ftse Developed ETF | 0.39% | 43,332 | $2.6M | Add +0.6% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.38% | 92,093 | $2.5M | Reduce -0.4% |
| XLI SS Industrial Select Sector | 0.32% | 13,881 | $2.1M | New |
| GOOG Alphabet Inc. Class C | 0.30% | 8,317 | $2.0M | Add +0.4% |
| VGSH Vanguard Short-Term Treasury | 0.30% | 33,926 | $2.0M | Reduce -2.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.30% | 7,822 | $2.0M | No change |
| AUB Atlantic Union Bankshares Co. | 0.28% | 53,199 | $1.9M | Add +0.3% |
| TQQQ Proshares Ultrapro QQQ | 0.28% | 18,000 | $1.9M | Add +0.3% |
| AGG iShares Core U.S. Aggregate | 0.27% | 18,126 | $1.8M | Reduce -51.0% |
| COF Capital One Financial Corp. | 0.27% | 8,386 | $1.8M | Add +0.7% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.27% | 37,055 | $1.8M | Reduce -0.2% |
| BRNY Burney US Factor Rotation | 0.27% | 36,520 | $1.8M | No change |
| GLD SPDR Gold Shares | 0.21% | 4,016 | $1.4M | Reduce -21.3% |
| KO The Coca-Cola Co. | 0.21% | 21,198 | $1.4M | Reduce -4.7% |
| PNC PNC Financial Services Group | 0.20% | 6,685 | $1.3M | Add +0.8% |
| CVX Chevron Corp. | 0.18% | 7,796 | $1.2M | Reduce -7.3% |
| SDY SS SPDR S&P Dividend ETF | 0.18% | 8,537 | $1.2M | Add +2.5% |
| ABBV Abbvie Inc. | 0.17% | 4,913 | $1.1M | Reduce -11.9% |
| SNPS Synopsys Inc. | 0.16% | 2,183 | $1.1M | New |
| MA Mastercard Inc. Class A | 0.16% | 1,876 | $1.1M | Reduce -10.1% |
| QID Proshares Ultrashort QQQ | 0.15% | 46,852 | $1.0M | New |
| IEV iShares Europe ETF | 0.15% | 15,391 | $1.0M | Add +115.6% |
| CSCO Cisco Systems Inc. | 0.15% | 14,587 | $998K | Reduce -2.9% |
| UDOW Proshares Ultrapro DOW30 | 0.15% | 9,040 | $968K | Add +0.7% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 4,457 | $962K | Add +4.1% |
| TSLA Tesla Inc. | 0.14% | 2,124 | $945K | Reduce -14.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.14% | 4,382 | $915K | Reduce -1.1% |
| IIIN Insteel Industries Inc. | 0.13% | 23,098 | $886K | Add +0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.13% | 1,817 | $871K | Reduce -18.7% |
| MSTR Strategy Inc. | 0.13% | 2,651 | $854K | Add +9.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.13% | 19,461 | $833K | Add +0.3% |
| CAT Caterpillar Inc. | 0.12% | 1,714 | $818K | Add +7.1% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.12% | 12,112 | $818K | Add +69.7% |
| SPEM State Street SP PTF Em ETF | 0.12% | 17,453 | $817K | Add +0.4% |
| COST Costco Wholesale Corp. | 0.12% | 868 | $804K | Reduce -1.4% |
| META Meta Platforms Inc. Class A | 0.12% | 1,091 | $801K | Add +3.5% |
| RTX RTX Corp. | 0.11% | 4,491 | $752K | Add +0.2% |
| TFC Truist Financial Corp. | 0.11% | 16,224 | $742K | Add +0.8% |
| PLTR Palantir Technologies Inc. Class A | 0.11% | 4,062 | $741K | Reduce -11.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.10% | 2,049 | $672K | Add +2.3% |
| DD Dupont DE Nemours Inc. | 0.10% | 8,508 | $663K | Add +3.3% |
Portfolio Sells Q2 2025 → Q3 2025
| DHR Danaher Corp. | Sold out | 0.00% | −0.52 |
| PM Philip Morris International | Reduce -1.5% | 2.36% | −0.47 |
| WSO Watsco Inc. | Reduce -35.5% | 0.48% | −0.37 |
| AGG iShares Core U.S. Aggregate | Reduce -51.0% | 0.27% | −0.31 |
| GBIL Goldman Sachs Access Treasur | Sold out | 0.00% | −0.18 |
| PDBC Invesco Optimum Yield Divers | Reduce -70.7% | 0.06% | −0.16 |
| NFLX Netflix Inc. | Reduce -1.0% | 0.51% | −0.09 |
| KKR KKR & Co. Inc. | Reduce -0.9% | 0.82% | −0.07 |
| MSFT Microsoft Corp. | Reduce -0.6% | 4.07% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -20.8% | 0.08% | −0.05 |
| ELV Elevance Health Inc. | Reduce -24.8% | 0.08% | −0.05 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.04 |
| VIST Vista Energy Sab DE CV | Sold out | 0.00% | −0.04 |
| MO Altria Group Inc. | Reduce -8.5% | 2.10% | −0.04 |
| SW Smurfit Westrock PLC | Sold out | 0.00% | −0.04 |
| KO The Coca-Cola Co. | Reduce -4.7% | 0.21% | −0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −0.04 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.03 |
| XYL Xylem Inc. | Sold out | 0.00% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.03 |
| GLD SPDR Gold Shares | Reduce -21.3% | 0.21% | −0.03 |
| BKT BlackRock Income Trust | Sold out | 0.00% | −0.03 |
| FERG Ferguson Enterprises Inc. | Reduce -0.3% | 1.26% | −0.03 |
| BHV BlackRock Virginia Muni BND | Reduce -38.5% | 0.04% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -10.1% | 0.16% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -44.6% | 0.03% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -18.7% | 0.13% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -41.2% | 0.03% | −0.02 |
| VGSH Vanguard Short-Term Treasury | Reduce -2.6% | 0.30% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -1.4% | 0.12% | −0.02 |
| MCD McDonald's Corp. | Reduce -24.4% | 0.04% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -2.9% | 0.15% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -1.2% | 0.05% | −0.01 |
| GOF Guggenheim Strategic Opport | Sold out | 0.00% | −0.01 |
| DFIV Dimensional International Va | Reduce -26.4% | 0.03% | −0.01 |
| NVS Novartis AG-Sponsored ADR | Reduce -15.7% | 0.06% | −0.01 |
| AOA iShares Core 80/20 Aggressiv | Reduce -2.4% | 0.48% | −0.01 |
| CVX Chevron Corp. | Reduce -7.3% | 0.18% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -2.9% | 2.42% | −0.01 |
| AXON Axon Enterprise Inc. | Reduce -0.6% | 0.03% | −0.01 |
| DOW Dow Inc. | Reduce -2.4% | 0.03% | −0.01 |
| GSK GSK PLC-Spon ADR | Reduce -19.1% | 0.04% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.7% | 1.22% | −0.01 |
| EPD Enterprise Products Partners | Reduce -7.5% | 0.04% | −0.01 |
| AXP American Express Co. | Reduce -13.0% | 0.03% | −0.01 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -0.2% | 0.27% | −0.00 |
| AFL Aflac Inc. | Reduce -5.4% | 0.09% | −0.00 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -2.8% | 0.04% | −0.00 |
| IGV iShares Expanded Tech-Softwa | Reduce -5.1% | 0.06% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| LLY Eli Lilly & Co. | Add +299.6% | 0.78% | +0.57 |
| QQQ Invesco QQQ Trust Series 1 | Add +55.0% | 1.29% | +0.49 |
| BABA Alibaba Group Holding-SP ADR | Add +0.8% | 1.11% | +0.38 |
| XLI SS Industrial Select Sector | New | 0.32% | +0.32 |
| CRH CRH PLC | Add +0.9% | 1.19% | +0.24 |
| JNJ Johnson & Johnson | Add +1.1% | 1.40% | +0.20 |
| ASML ASML Holding NV-NY Reg SHS | Add +3.0% | 1.18% | +0.18 |
| SNPS Synopsys Inc. | New | 0.16% | +0.16 |
| QID Proshares Ultrashort QQQ | New | 0.15% | +0.15 |
| OMC Omnicom Group | Add +2.9% | 0.98% | +0.10 |
| SGOV iShares 0-3 Month Treasury B | New | 0.09% | +0.09 |
| IEV iShares Europe ETF | Add +115.6% | 0.15% | +0.08 |
| HD Home Depot Inc. | Add +1.9% | 1.08% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +0.4% | 0.30% | +0.07 |
| MLM Martin Marietta Materials | Add +0.8% | 0.73% | +0.07 |
| D Dominion Energy Inc. | Add +2.4% | 1.13% | +0.06 |
| KVYO Klaviyo Inc. Class A | New | 0.06% | +0.06 |
| DVN Devon Energy Corp. | Add +1.8% | 0.90% | +0.06 |
| CDNS Cadence Design SYS Inc. | Add +0.5% | 0.64% | +0.05 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +69.7% | 0.12% | +0.05 |
| DE Deere & Co. | New | 0.05% | +0.05 |
| TQQQ Proshares Ultrapro QQQ | Add +0.3% | 0.28% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.04% | +0.04 |
| O Realty Income Corp. | Add +3.0% | 1.08% | +0.04 |
| ULTA Ulta Beauty Inc. | New | 0.03% | +0.03 |
| EEM iShares MSCI Emerging Market | Add +59.6% | 0.07% | +0.03 |
| QCOM Qualcomm Inc. | Add +2.9% | 1.26% | +0.03 |
| CAT Caterpillar Inc. | Add +7.1% | 0.12% | +0.02 |
| XMQTX BlackRock Muniyield QLTY II | New | 0.02% | +0.02 |
| MQY BlackRock Muniyield Quality | New | 0.02% | +0.02 |
| BTZ BlackRock Credit Allocation | New | 0.02% | +0.02 |
| ORCL Oracle Corp. | Add +7.6% | 0.09% | +0.02 |
| AUB Atlantic Union Bankshares Co. | Add +0.3% | 0.28% | +0.02 |
| AOR iShares Core 60/40 Balanced | Add +33.9% | 0.07% | +0.02 |
| WMT Walmart Inc. | Add +0.3% | 1.76% | +0.01 |
| UDOW Proshares Ultrapro DOW30 | Add +0.7% | 0.15% | +0.01 |
| GM General Motors Co. | Add +0.9% | 0.07% | +0.01 |
| DD Dupont DE Nemours Inc. | Add +3.3% | 0.10% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Add +20.0% | 0.05% | +0.01 |
| RTX RTX Corp. | Add +0.2% | 0.11% | +0.01 |
| NPV Nuveen Va QLTY Muni Inc. | Add +35.7% | 0.04% | +0.01 |
| ITIC Investors Title Co. | Add +0.2% | 0.04% | +0.01 |
| PNC PNC Financial Services Group | Add +0.8% | 0.20% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +4.1% | 0.14% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +0.1% | 0.09% | +0.01 |
| LOW Lowe's Cos Inc. | Add +2.3% | 0.06% | +0.01 |
| XLK SS Technology Select Sector | Add +0.8% | 0.09% | +0.01 |
| NOC Northrop Grumman Corp. | Add +0.2% | 0.04% | +0.01 |
| SPEM State Street SP PTF Em ETF | Add +0.4% | 0.12% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.3% | 0.10% | +0.00 |
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 |