Canal Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 6, 2026), Canal Capital Management, LLC reported 188 stock positions worth $704.9 million. Its top holding was Old Dominion Freight Line (ODFL) at 8.3% of the portfolio, followed by Apple (AAPL, 4.9%) and Microsoft (MSFT, 3.7%). Compared with Q3 2025, it opened 13 new positions, sold out of 12, added to 98 and reduced 61. The biggest buy was a new position in Akre Focus ETF (AKRE) and the biggest sale Brookfield Asset Mgmt-A (BAM, shares −78%).
- Most Recent 13F
- Q2 2026
- Location
- Richmond, VA
- CIK
- 0001666733
- Portfolio Value
- $704.9M (Q4 2025)
- SEC Filing
- 0001420506-26-000023 ↗ filed Jan 6, 2026
Holdings Value
Holdings 188 stocks · $704.9M
| ODFL Old Dominion Freight Line | 8.34% | 374,951 | $58.8M | Reduce -6.0% |
| AAPL Apple Inc. | 4.94% | 128,053 | $34.8M | Reduce -1.0% |
| MSFT Microsoft Corp. | 3.70% | 53,899 | $26.1M | Add +2.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.86% | 182,884 | $20.2M | Add +4.2% |
| AVGO Broadcom Inc. | 2.70% | 55,064 | $19.1M | Reduce -5.3% |
| IEI iShares 3-7 Year Treasury Bo | 2.35% | 138,540 | $16.5M | Add +4.5% |
| PM Philip Morris International | 2.24% | 98,495 | $15.8M | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 2.21% | 49,708 | $15.6M | Reduce -7.6% |
| TOTL SS Doubleline TR Tact ETF | 2.18% | 381,783 | $15.4M | Add +4.8% |
| NVDA Nvidia Corp. | 2.14% | 80,781 | $15.1M | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 2.09% | 21,464 | $14.7M | Reduce -10.8% |
| JPM JPMorgan Chase & Co. | 2.07% | 45,391 | $14.6M | Reduce -0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.03% | 28,430 | $14.3M | Add +1.1% |
| BX Blackstone Inc. | 1.96% | 89,753 | $13.8M | Add +2.9% |
| OEF iShares S&P 100 ETF | 1.96% | 40,300 | $13.8M | Add +38.6% |
| WMT Walmart Inc. | 1.80% | 113,604 | $12.7M | Add +0.0% |
| AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO | 1.63% | 175,232 | $11.5M | New |
| MO Altria Group Inc. | 1.62% | 197,565 | $11.4M | Reduce -6.5% |
| AMZN Amazon.com Inc. | 1.49% | 45,551 | $10.5M | Add +3.1% |
| JNJ Johnson & Johnson | 1.46% | 49,613 | $10.3M | Reduce -1.3% |
| IVW iShares S&P 500 Growth ETF | 1.40% | 80,063 | $9.9M | Add +1855.6% |
| QCOM Qualcomm Inc. | 1.27% | 52,299 | $8.9M | Add +3.7% |
| VOO Vanguard S&P 500 ETF | 1.20% | 13,474 | $8.4M | Reduce -0.1% |
| FERG Ferguson Enterprises Inc. | 1.19% | 37,634 | $8.4M | Add +0.5% |
| LLY Eli Lilly & Co. | 1.17% | 7,666 | $8.2M | Add +13.0% |
| XOM Exxon Mobil Corp. | 1.16% | 68,002 | $8.2M | Add +1.8% |
| CRH CRH PLC | 1.16% | 65,538 | $8.2M | Reduce -0.6% |
| IJH iShares Core S&P Midcap ETF | 1.16% | 123,571 | $8.2M | Reduce -1.0% |
| PANW Palo Alto Networks Inc. | 1.13% | 43,121 | $7.9M | Add +2.0% |
| ASML ASML Holding NV-NY Reg SHS | 1.12% | 7,388 | $7.9M | Reduce -8.8% |
| IJR iShares Core S&P Small-Cap E | 1.10% | 64,497 | $7.8M | Reduce -10.8% |
| V Visa Inc. Class A | 1.09% | 21,835 | $7.7M | Add +3.9% |
| SRLN SS Blackstone Sr Loan ETF | 1.07% | 183,298 | $7.6M | Add +36.2% |
| AMGN Amgen Inc. | 1.07% | 22,965 | $7.5M | Add +2.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.06% | 12,143 | $7.5M | Reduce -15.3% |
| D Dominion Energy Inc. | 1.04% | 125,580 | $7.4M | Add +2.4% |
| IWF iShares Russell 1000 Growth | 1.00% | 14,875 | $7.0M | Reduce -0.1% |
| O Realty Income Corp. | 0.98% | 122,411 | $6.9M | Add +3.7% |
| OMC Omnicom Group | 0.97% | 84,570 | $6.8M | Add +5.3% |
| INTU Intuit Inc. | 0.96% | 10,232 | $6.8M | Add +5.6% |
| SCHD Schwab US DVD Equity ETF | 0.94% | 241,124 | $6.6M | New |
| DVN Devon Energy Corp. | 0.92% | 177,216 | $6.5M | Add +3.4% |
| T AT&T Inc. | 0.86% | 245,000 | $6.1M | Reduce -4.1% |
| HD Home Depot Inc. | 0.84% | 17,166 | $5.9M | Reduce -3.6% |
| KKR KKR & Co. Inc. | 0.83% | 45,753 | $5.8M | Add +8.9% |
| AGG iShares Core U.S. Aggregate | 0.77% | 54,549 | $5.4M | Add +200.9% |
| BABA Alibaba Group Holding-SP ADR | 0.75% | 36,207 | $5.3M | Reduce -12.2% |
| ISRG Intuitive Surgical Inc. | 0.75% | 9,303 | $5.3M | Add +15.0% |
| ORLY O'reilly Automotive Inc. | 0.71% | 55,036 | $5.0M | Add +1.0% |
| MLM Martin Marietta Materials | 0.71% | 8,027 | $5.0M | Add +4.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.65% | 15,127 | $4.6M | Add +1619.0% |
| BN Brookfield Corp. | 0.63% | 96,116 | $4.4M | Add +1447.8% |
| KNSL Kinsale Capital Group Inc. | 0.62% | 11,174 | $4.4M | Add +8.6% |
| GWW WW Grainger Inc. | 0.58% | 4,065 | $4.1M | Add +4.4% |
| IEF iShares 7-10 Year Treasury B | 0.56% | 41,026 | $3.9M | Add +7.2% |
| META Meta Platforms Inc. Class A | 0.51% | 5,449 | $3.6M | Add +399.4% |
| AMT American Tower Corp. | 0.47% | 18,951 | $3.3M | Reduce -39.0% |
| AOA iShares Core 80/20 Aggressiv | 0.46% | 36,399 | $3.3M | Reduce -0.5% |
| WSO Watsco Inc. | 0.43% | 8,991 | $3.0M | Add +14.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.43% | 4 | $3.0M | No change |
| VEA Vanguard Ftse Developed ETF | 0.43% | 48,069 | $3.0M | Add +10.9% |
| JNK SS SPDR BB High Yield Bond | 0.42% | 30,765 | $3.0M | Reduce -21.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.38% | 3,898 | $2.7M | Reduce -0.0% |
| GOOG Alphabet Inc. Class C | 0.37% | 8,343 | $2.6M | Add +0.3% |
| ETN Eaton Corp. PLC | 0.34% | 7,571 | $2.4M | New |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.31% | 78,236 | $2.2M | Reduce -15.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.29% | 7,915 | $2.0M | Add +1.2% |
| COF Capital One Financial Corp. | 0.28% | 8,009 | $1.9M | Reduce -4.5% |
| VGSH Vanguard Short-Term Treasury | 0.27% | 32,838 | $1.9M | Reduce -3.2% |
| AUB Atlantic Union Bankshares Co. | 0.27% | 54,600 | $1.9M | Add +2.6% |
| TQQQ Proshares Ultrapro QQQ | 0.27% | 36,042 | $1.9M | Add +0.1% |
| BRNY Burney US Factor Rotation | 0.26% | 36,520 | $1.8M | No change |
| VNQI Vanguard GLBL Ex-US Real Est | 0.24% | 37,055 | $1.7M | No change |
| GLD SPDR Gold Shares | 0.24% | 4,279 | $1.7M | Add +6.5% |
| KO The Coca-Cola Co. | 0.21% | 21,597 | $1.5M | Add +1.9% |
| PNC PNC Financial Services Group | 0.20% | 6,762 | $1.4M | Add +1.1% |
| SDY SS SPDR S&P Dividend ETF | 0.18% | 8,897 | $1.2M | Add +4.2% |
| SHYM iShares Short Duration High | 0.17% | 55,123 | $1.2M | New |
| CVX Chevron Corp. | 0.17% | 7,964 | $1.2M | Add +2.1% |
| CSCO Cisco Systems Inc. | 0.16% | 14,617 | $1.1M | Add +0.2% |
| ABBV Abbvie Inc. | 0.16% | 4,923 | $1.1M | Add +0.2% |
| SNPS Synopsys Inc. | 0.16% | 2,359 | $1.1M | Add +8.1% |
| BAM Brookfield Asset Mgmt-A | 0.15% | 20,471 | $1.1M | Reduce -78.0% |
| MA Mastercard Inc. Class A | 0.15% | 1,866 | $1.1M | Reduce -0.5% |
| UDOW Proshares Ultrapro DOW30 | 0.15% | 18,125 | $1.0M | Add +0.3% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 4,641 | $1.0M | Add +4.1% |
| CAT Caterpillar Inc. | 0.14% | 1,718 | $984K | Add +0.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.14% | 13,260 | $964K | Add +9.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.13% | 1,925 | $939K | Add +5.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.13% | 4,382 | $928K | No change |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.12% | 19,717 | $876K | Add +1.3% |
| TFC Truist Financial Corp. | 0.12% | 17,493 | $861K | Add +7.8% |
| PDBC Invesco Optimum Yield Divers | 0.12% | 64,492 | $855K | Add +104.8% |
| SPEM State Street SP PTF Em ETF | 0.12% | 18,011 | $843K | Add +3.2% |
| TSLA Tesla Inc. | 0.12% | 1,836 | $826K | Reduce -13.6% |
| RTX RTX Corp. | 0.12% | 4,500 | $825K | Add +0.2% |
| COST Costco Wholesale Corp. | 0.11% | 886 | $764K | Add +2.1% |
| IIIN Insteel Industries Inc. | 0.10% | 23,103 | $732K | Add +0.0% |
| PLTR Palantir Technologies Inc. Class A | 0.10% | 4,038 | $718K | Reduce -0.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.10% | 2,011 | $674K | Reduce -1.9% |
Portfolio Sells Q3 2025 → Q4 2025
| BAM Brookfield Asset Mgmt-A | Reduce -78.0% | 0.15% | −0.64 |
| CDNS Cadence Design SYS Inc. | Reduce -87.4% | 0.07% | −0.57 |
| MO Altria Group Inc. | Reduce -6.5% | 1.62% | −0.48 |
| NOW ServiceNow Inc. | Reduce -84.7% | 0.07% | −0.48 |
| NFLX Netflix Inc. | Reduce -83.6% | 0.06% | −0.44 |
| AMT American Tower Corp. | Reduce -39.0% | 0.47% | −0.42 |
| BABA Alibaba Group Holding-SP ADR | Reduce -12.2% | 0.75% | −0.35 |
| IVV iShares Core S&P 500 ETF | Reduce -10.8% | 2.09% | −0.33 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.32 |
| HD Home Depot Inc. | Reduce -3.6% | 0.84% | −0.25 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -15.3% | 1.06% | −0.23 |
| T AT&T Inc. | Reduce -4.1% | 0.86% | −0.22 |
| IJR iShares Core S&P Small-Cap E | Reduce -10.8% | 1.10% | −0.19 |
| AVGO Broadcom Inc. | Reduce -5.3% | 2.70% | −0.18 |
| JNK SS SPDR BB High Yield Bond | Reduce -21.5% | 0.42% | −0.15 |
| QID Proshares Ultrashort QQQ | Sold out | 0.00% | −0.15 |
| NVDA Nvidia Corp. | Reduce -0.9% | 2.14% | −0.15 |
| ODFL Old Dominion Freight Line | Reduce -6.0% | 8.34% | −0.10 |
| MSTR Strategy Inc. | Reduce -39.1% | 0.03% | −0.09 |
| IEV iShares Europe ETF | Reduce -56.1% | 0.07% | −0.09 |
| JPM JPMorgan Chase & Co. | Reduce -0.4% | 2.07% | −0.08 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Reduce -15.1% | 0.31% | −0.07 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.0% | 1.16% | −0.07 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.06 |
| SGOV iShares 0-3 Month Treasury B | Reduce -65.4% | 0.03% | −0.06 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -8.8% | 1.12% | −0.06 |
| DD Dupont DE Nemours Inc. | Reduce -3.0% | 0.05% | −0.05 |
| AHRT Ah Realty Trust Inc. | Sold out | 0.00% | −0.05 |
| IWF iShares Russell 1000 Growth | Reduce -0.1% | 1.00% | −0.05 |
| UBSI United Bankshares Inc. | Sold out | 0.00% | −0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -0.1% | 1.20% | −0.04 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.04 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.04 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.03 |
| VRSN Verisign Inc. | Sold out | 0.00% | −0.03 |
| ORCL Oracle Corp. | Reduce -3.6% | 0.06% | −0.03 |
| ELV Elevance Health Inc. | Reduce -42.3% | 0.05% | −0.03 |
| DOW Dow Inc. | Sold out | 0.00% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -26.1% | 0.05% | −0.03 |
| CRH CRH PLC | Reduce -0.6% | 1.16% | −0.03 |
| VGSH Vanguard Short-Term Treasury | Reduce -3.2% | 0.27% | −0.03 |
| FSCO FS Credit Opportunities Corp. | Sold out | 0.00% | −0.02 |
| TSLA Tesla Inc. | Reduce -13.6% | 0.12% | −0.02 |
| KVYO Klaviyo Inc. Class A | Reduce -46.3% | 0.04% | −0.02 |
| VGT Vanguard Info Tech ETF | Reduce -29.1% | 0.05% | −0.02 |
| AOA iShares Core 80/20 Aggressiv | Reduce -0.5% | 0.46% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -16.9% | 0.05% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -15.8% | 0.06% | −0.02 |
| CSQ Calamos Strat TTL RTRN FND | Reduce -29.1% | 0.04% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| AKRE Akre Focus ETF | New | 1.63% | +1.63 |
| IVW iShares S&P 500 Growth ETF | Add +1855.6% | 1.40% | +1.33 |
| SCHD Schwab US DVD Equity ETF | New | 0.94% | +0.94 |
| TSM Taiwan Semiconductor-SP ADR | Add +1619.0% | 0.65% | +0.62 |
| BN Brookfield Corp. | Add +1447.8% | 0.63% | +0.58 |
| OEF iShares S&P 100 ETF | Add +38.6% | 1.96% | +0.51 |
| AGG iShares Core U.S. Aggregate | Add +200.9% | 0.77% | +0.50 |
| LLY Eli Lilly & Co. | Add +13.0% | 1.17% | +0.39 |
| META Meta Platforms Inc. Class A | Add +399.4% | 0.51% | +0.39 |
| ETN Eaton Corp. PLC | New | 0.34% | +0.34 |
| SRLN SS Blackstone Sr Loan ETF | Add +36.2% | 1.07% | +0.23 |
| ISRG Intuitive Surgical Inc. | Add +15.0% | 0.75% | +0.20 |
| SHYM iShares Short Duration High | New | 0.17% | +0.17 |
| AMGN Amgen Inc. | Add +2.7% | 1.07% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +0.3% | 0.37% | +0.07 |
| PDBC Invesco Optimum Yield Divers | Add +104.8% | 0.12% | +0.06 |
| HWC Hancock Whitney Corp. | New | 0.06% | +0.06 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.05% | +0.05 |
| ITOT iShares Core S&P Total U.S. | New | 0.04% | +0.04 |
| VIST Vista Energy Sab DE CV | New | 0.04% | +0.04 |
| WMT Walmart Inc. | Add +0.0% | 1.80% | +0.04 |
| VEA Vanguard Ftse Developed ETF | Add +10.9% | 0.43% | +0.04 |
| AMZN Amazon.com Inc. | Add +3.1% | 1.49% | +0.04 |
| VPLS Vanguard Core-Plus Bond ETF | New | 0.04% | +0.04 |
| MUB iShares National Muni Bond E | New | 0.03% | +0.03 |
| XOM Exxon Mobil Corp. | Add +1.8% | 1.16% | +0.03 |
| BA The Boeing Co. | New | 0.03% | +0.03 |
| GLD SPDR Gold Shares | Add +6.5% | 0.24% | +0.03 |
| JCE Nuveen Core Equity Alpha | New | 0.03% | +0.03 |
| GWW WW Grainger Inc. | Add +4.4% | 0.58% | +0.02 |
| SCHX Schwab US Large-Cap ETF | Add +43.9% | 0.07% | +0.02 |
| DVN Devon Energy Corp. | Add +3.4% | 0.92% | +0.02 |
| CAT Caterpillar Inc. | Add +0.2% | 0.14% | +0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +9.5% | 0.14% | +0.01 |
| TFC Truist Financial Corp. | Add +7.8% | 0.12% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.2% | 0.16% | +0.01 |
| XMQTX BlackRock Muniyield QLTY II | Add +50.1% | 0.03% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +10.9% | 0.07% | +0.01 |
| QCOM Qualcomm Inc. | Add +3.7% | 1.27% | +0.01 |
| V Visa Inc. Class A | Add +3.9% | 1.09% | +0.01 |
| NUE Nucor Corp. | Add +0.4% | 0.07% | +0.01 |
| MQY BlackRock Muniyield Quality | Add +51.5% | 0.03% | +0.01 |
| KKR KKR & Co. Inc. | Add +8.9% | 0.83% | +0.01 |
| SUI Sun Communities Inc. | Add +24.9% | 0.06% | +0.01 |
| MINT PIMCO Enhanced Short Maturit | Add +24.1% | 0.05% | +0.01 |
| AZN Astrazeneca PLC-Spons ADR | Add +0.9% | 0.05% | +0.01 |
| IEF iShares 7-10 Year Treasury B | Add +7.2% | 0.56% | +0.01 |
| SCMB Schwab Municipal Bond ETF | Add +17.2% | 0.05% | +0.00 |
| RTX RTX Corp. | Add +0.2% | 0.12% | +0.00 |
| UDOW Proshares Ultrapro DOW30 | Add +0.3% | 0.15% | +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 |