Capital Management Associates, Inc
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 1, 2024), Capital Management Associates, Inc reported 77 stock positions worth $165.2 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 12.1% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 11.6%) and Invesco QQQ Trust Series 1 (QQQ, 11.0%). Compared with Q1 2024, it opened 10 new positions, sold out of 11, added to 33 and reduced 21. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +2159%) and the biggest sale Boston Scientific (BSX, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0002008851
- Portfolio Value
- $165.2M (Q2 2024)
- SEC Filing
- 0001085146-24-003391 ↗ filed Aug 1, 2024
Holdings Value
Holdings 77 stocks · $165.2M
| SPY SS SPDR S&P 500 ETF Trust-US | 12.12% | 36,775 | $20.0M | Add +2158.9% |
| VOO Vanguard S&P 500 ETF | 11.64% | 38,447 | $19.2M | Add +0.7% |
| QQQ Invesco QQQ Trust Series 1 | 11.02% | 37,989 | $18.2M | Add +0.3% |
| SIVR Abrdn Physical Silver Shares | 5.61% | 332,827 | $9.3M | Add +5.1% |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 5.46% | 97,353 | $9.0M | Add +11.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 5.19% | 21,935 | $8.6M | Add +2.1% |
| GIS General Mills Inc. | 4.63% | 120,948 | $7.7M | Reduce -0.2% |
| AAPL Apple Inc. | 4.48% | 35,120 | $7.4M | Reduce -10.1% |
| SGOL Abrdn Physical Gold Shares | 4.38% | 325,352 | $7.2M | Add +5.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.94% | 29,824 | $6.5M | Reduce -0.2% |
| MINT PIMCO Enhanced Short Maturit | 1.96% | 32,129 | $3.2M | Add +14.3% |
| RUNN Running Oak Efficient GR ETF | 1.46% | 79,073 | $2.4M | Add +33.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.37% | 9,368 | $2.3M | Reduce -7.0% |
| NNN NNN REIT Inc. | 1.29% | 49,919 | $2.1M | No change |
| IJH iShares Core S&P Midcap ETF | 1.28% | 36,174 | $2.1M | Add +328.0% |
| UNH Unitedhealth Group Inc. | 1.26% | 4,100 | $2.1M | New |
| MSFT Microsoft Corp. | 1.26% | 4,645 | $2.1M | Add +0.1% |
| PSA Public Storage | 1.07% | 6,143 | $1.8M | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.84% | 5,581 | $1.4M | No change |
| FSK FS KKR Capital Corp. | 0.84% | 70,393 | $1.4M | Reduce -17.1% |
| IJR iShares Core S&P Small-Cap E | 0.79% | 12,175 | $1.3M | Add +374.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 3,145 | $1.3M | Reduce -3.4% |
| AMZN Amazon.com Inc. | 0.77% | 6,561 | $1.3M | Reduce -1.1% |
| BSX Boston Scientific Corp. | 0.73% | 15,654 | $1.2M | Reduce -72.1% |
| AGG iShares Core U.S. Aggregate | 0.64% | 10,832 | $1.1M | New |
| GGG Graco Inc. | 0.56% | 11,736 | $930K | Reduce -0.7% |
| GOOG Alphabet Inc. Class C | 0.56% | 5,015 | $920K | Add +29.4% |
| MCD McDonald's Corp. | 0.52% | 3,390 | $864K | Add +0.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.51% | 5,241 | $841K | No change |
| VNQ Vanguard Real Estate ETF | 0.51% | 9,963 | $840K | Reduce -3.7% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.49% | 24,938 | $804K | New |
| META Meta Platforms Inc. Class A | 0.47% | 1,543 | $778K | Add +0.1% |
| VIG Vanguard Dividend Apprec ETF | 0.44% | 4,007 | $731K | Add +141.4% |
| NVDA Nvidia Corp. | 0.44% | 5,890 | $728K | Add +5.8% |
| DE Deere & Co. | 0.43% | 1,897 | $709K | No change |
| JPM JPMorgan Chase & Co. | 0.42% | 3,458 | $699K | Reduce -5.4% |
| SCHD Schwab US DVD Equity ETF | 0.41% | 8,774 | $682K | Reduce -3.5% |
| DAL Delta Air Lines Inc. | 0.41% | 14,164 | $672K | Reduce -0.0% |
| MMM 3M Co. | 0.40% | 6,510 | $665K | New |
| CAT Caterpillar Inc. | 0.37% | 1,835 | $611K | Add +0.2% |
| JNJ Johnson & Johnson | 0.35% | 3,994 | $584K | Add +5.1% |
| EFA iShares MSCI Eafe ETF | 0.34% | 7,099 | $556K | New |
| VWO Vanguard Ftse Emerging Marke | 0.33% | 12,460 | $545K | Reduce -3.9% |
| VEA Vanguard Ftse Developed ETF | 0.32% | 10,796 | $534K | Reduce -13.8% |
| TTC Toro Co. | 0.32% | 5,681 | $531K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.32% | 1,420 | $531K | Reduce -0.1% |
| GLD SPDR Gold Shares | 0.32% | 2,421 | $521K | Reduce -25.6% |
| ILCB iShares Morningstar U.S. Equ | 0.30% | 6,538 | $491K | Add +0.2% |
| DFAS Dimensional US Small Cap ETF | 0.29% | 7,954 | $478K | No change |
| CGGR Cap Group Growth Equity | 0.28% | 14,251 | $469K | New |
| MA Mastercard Inc. Class A | 0.28% | 1,048 | $462K | Reduce -5.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.27% | 3,180 | $454K | No change |
| COST Costco Wholesale Corp. | 0.27% | 522 | $444K | Add +4.8% |
| WM Waste Management Inc. | 0.26% | 2,013 | $429K | Add +6.8% |
| XLP SS Consumer Staples Sel Sect | 0.26% | 5,568 | $426K | Add +0.2% |
| USB US Bancorp | 0.25% | 10,297 | $409K | Reduce -0.9% |
| AMAT Applied Materials Inc. | 0.25% | 1,727 | $408K | Add +0.1% |
| LLY Eli Lilly & Co. | 0.23% | 415 | $376K | Add +0.2% |
| ARCC Ares Capital Corp. | 0.23% | 18,002 | $375K | Reduce -55.9% |
| VHT Vanguard Health Care ETF | 0.22% | 1,354 | $360K | Reduce -21.6% |
| GE General Electric filed as GE AEROSPACE | 0.22% | 2,264 | $360K | Add +0.3% |
| FTEC Fidelity MSCI Info Tech Indx | 0.21% | 2,000 | $343K | No change |
| V Visa Inc. Class A | 0.20% | 1,245 | $327K | Add +4.1% |
| IVV iShares Core S&P 500 ETF | 0.19% | 575 | $315K | No change |
| XLK SS Technology Select Sector | 0.19% | 1,369 | $310K | No change |
| GOOGL Alphabet Inc. Class A | 0.19% | 1,699 | $309K | New |
| SCHW Schwab (charles) Corp. | 0.16% | 3,599 | $265K | Add +4.4% |
| WFC Wells Fargo & Co. | 0.15% | 4,121 | $245K | New |
| IWF iShares Russell 1000 Growth | 0.15% | 669 | $244K | No change |
| NEE Nextera Energy Inc. | 0.14% | 3,366 | $238K | New |
| FAST Fastenal Co. | 0.13% | 3,320 | $209K | Add +13.0% |
| PEP Pepsico Inc. | 0.13% | 1,260 | $208K | Add +1.4% |
| XLE SS Energy Select Sector | 0.13% | 2,279 | $208K | Add +0.3% |
| XLV SS Health Care Select Sector | 0.13% | 1,425 | $208K | Add +0.3% |
| CMG Chipotle Mexican Grill Inc. | 0.12% | 3,249 | $204K | New |
| AG First Majestic Silver Corp. | 0.09% | 26,000 | $154K | Add +73.3% |
| ASX Ase Technology Holding -ADR | 0.07% | 10,000 | $114K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| BSX Boston Scientific Corp. | Reduce -72.1% | 0.73% | −2.10 |
| GIS General Mills Inc. | Reduce -0.2% | 4.63% | −1.62 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.2% | 3.94% | −1.10 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -7.0% | 1.37% | −0.48 |
| AAPL Apple Inc. | Reduce -10.1% | 4.48% | −0.46 |
| ARCC Ares Capital Corp. | Reduce -55.9% | 0.23% | −0.40 |
| FSK FS KKR Capital Corp. | Reduce -17.1% | 0.84% | −0.35 |
| GGG Graco Inc. | Reduce -0.7% | 0.56% | −0.25 |
| XRAY Dentsply Sirona Inc. | Sold out | 0.00% | −0.24 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.4% | 0.77% | −0.23 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.23 |
| GLD SPDR Gold Shares | Reduce -25.6% | 0.32% | −0.18 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.17 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.16 |
| NTRS Northern Trust Corp. | Sold out | 0.00% | −0.16 |
| BA The Boeing Co. | Sold out | 0.00% | −0.15 |
| VNQ Vanguard Real Estate ETF | Reduce -3.7% | 0.51% | −0.15 |
| VEA Vanguard Ftse Developed ETF | Reduce -13.8% | 0.32% | −0.14 |
| SCHD Schwab US DVD Equity ETF | Reduce -3.5% | 0.41% | −0.13 |
| VHT Vanguard Health Care ETF | Reduce -21.6% | 0.22% | −0.13 |
| MWA Mueller Water Products Inc. Class A | Sold out | 0.00% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -5.4% | 0.42% | −0.12 |
| AMZN Amazon.com Inc. | Reduce -1.1% | 0.77% | −0.11 |
| MA Mastercard Inc. Class A | Reduce -5.4% | 0.28% | −0.11 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.10 |
| USB US Bancorp | Reduce -0.9% | 0.25% | −0.09 |
| DAL Delta Air Lines Inc. | Reduce -0.0% | 0.41% | −0.09 |
| VWO Vanguard Ftse Emerging Marke | Reduce -3.9% | 0.33% | −0.07 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.1% | 0.32% | −0.04 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.01 |
| QS Quantumscape Corp. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2158.9% | 12.12% | +11.49 |
| UNH Unitedhealth Group Inc. | New | 1.26% | +1.26 |
| IJH iShares Core S&P Midcap ETF | Add +328.0% | 1.28% | +0.90 |
| AGG iShares Core U.S. Aggregate | New | 0.64% | +0.64 |
| IJR iShares Core S&P Small-Cap E | Add +374.7% | 0.79% | +0.58 |
| CGUS Cap Group Core Equity | New | 0.49% | +0.49 |
| MMM 3M Co. | New | 0.40% | +0.40 |
| EFA iShares MSCI Eafe ETF | New | 0.34% | +0.34 |
| CGGR Cap Group Growth Equity | New | 0.28% | +0.28 |
| VIG Vanguard Dividend Apprec ETF | Add +141.4% | 0.44% | +0.22 |
| GOOGL Alphabet Inc. Class A | New | 0.19% | +0.19 |
| WFC Wells Fargo & Co. | New | 0.15% | +0.15 |
| NEE Nextera Energy Inc. | New | 0.14% | +0.14 |
| CMG Chipotle Mexican Grill Inc. | New | 0.12% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +29.4% | 0.56% | +0.12 |
| RUNN Running Oak Efficient GR ETF | Add +33.8% | 1.46% | +0.10 |
| NVDA Nvidia Corp. | Add +5.8% | 0.44% | +0.07 |
| SIVR Abrdn Physical Silver Shares | Add +5.1% | 5.61% | +0.06 |
| AG First Majestic Silver Corp. | Add +73.3% | 0.09% | +0.03 |
| COST Costco Wholesale Corp. | Add +4.8% | 0.27% | −0.00 |
| LLY Eli Lilly & Co. | Add +0.2% | 0.23% | −0.01 |
| AMAT Applied Materials Inc. | Add +0.1% | 0.25% | −0.02 |
| SCHW Schwab (charles) Corp. | Add +4.4% | 0.16% | −0.02 |
| XLV SS Health Care Select Sector | Add +0.3% | 0.13% | −0.03 |
| XLE SS Energy Select Sector | Add +0.3% | 0.13% | −0.03 |
| PEP Pepsico Inc. | Add +1.4% | 0.13% | −0.03 |
| WM Waste Management Inc. | Add +6.8% | 0.26% | −0.04 |
| FAST Fastenal Co. | Add +13.0% | 0.13% | −0.04 |
| V Visa Inc. Class A | Add +4.1% | 0.20% | −0.05 |
| ILCB iShares Morningstar U.S. Equ | Add +0.2% | 0.30% | −0.05 |
| XLP SS Consumer Staples Sel Sect | Add +0.2% | 0.26% | −0.05 |
| GE General Electric | Add +0.3% | 0.22% | −0.07 |
| META Meta Platforms Inc. Class A | Add +0.1% | 0.47% | −0.08 |
| JNJ Johnson & Johnson | Add +5.1% | 0.35% | −0.09 |
| MINT PIMCO Enhanced Short Maturit | Add +14.3% | 1.96% | −0.12 |
| CAT Caterpillar Inc. | Add +0.2% | 0.37% | −0.12 |
| MCD McDonald's Corp. | Add +0.3% | 0.52% | −0.18 |
| MSFT Microsoft Corp. | Add +0.1% | 1.26% | −0.18 |
| SGOL Abrdn Physical Gold Shares | Add +5.0% | 4.38% | −0.47 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Add +11.3% | 5.46% | −0.56 |
| DIA SS SPDR Dow Jones Indus Avg | Add +2.1% | 5.19% | −1.10 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.3% | 11.02% | −1.37 |
| VOO Vanguard S&P 500 ETF | Add +0.7% | 11.64% | −1.88 |
Notes & Other Activity Q1 2024 → Q2 2024
| SCHZ Schwab US Aggregate Bond ETF | US AGGREGATE B · principal | Sold out | 3,446,330 | $69Kbefore exit |
| SCHA Schwab US Small-Cap ETF | US SML CAP ETF · principal | Sold out | 438,423 | $9Kbefore exit |
| SCHF Schwab Intl Equity ETF | INTL EQTY ETF · principal | Sold out | 166,122 | $4Kbefore exit |
| IVW iShares S&P 500 Growth ETF | S&P 500 GRWT ETF · principal | Sold out | 173,153 | $2Kbefore exit |
| AAPL Apple Inc. | COM · principal | Sold out | 101,078 | $525before exit |
| HON Honeywell International Inc. | COM · principal | Sold out | 99,612 | $475before exit |
| AMZN Amazon.com Inc. | COM · principal | Sold out | 48,621 | $320before exit |
| PG The Procter & Gamble Co. | COM · principal | Sold out | 9,672 | $66before exit |
| MCD McDonald's Corp. | COM · principal | Sold out | 16,604 | $56before exit |
| SYK Stryker Corp. | COM · principal | Sold out | 15,966 | $53before exit |
| CAT Caterpillar Inc. | COM · principal | Sold out | 3,548 | $12before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 153 | $497.5M | SPY, SCHB, VOO, QQQ, AAPL |
| Q1 2026 | 151 | $442.3M | SPY, SCHB, VOO, QQQ, SIVR |
| Q4 2025 | 156 | $452.3M | SPY, SCHB, VOO, QQQ, SIVR |
| Q3 2025 | 140 | $370.0M | SCHB, SPY, VOO, GIS, QQQ |
| Q2 2025 | 115 | $315.7M | SCHB, VOO, SPY, GIS, QQQ |
| Q1 2025 | 129 | $441.6M | SCHB, SPY, VOO, QQQ, HYS |
| Q4 2024 | 104 | $266.8M | SCHB, VOO, SPY, GIS, QQQ |
| Q3 2024 | 107 | $244.8M | SCHB, VOO, SPY, QQQ, GIS |
| Q2 2024 | 77 | $165.2M | SPY, VOO, QQQ, SIVR, HYS |
| Q1 2024 | 78 | $135.7M | VOO, QQQ, DIA, GIS, HYS |