Capital Management Associates, Inc
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 23, 2026), Capital Management Associates, Inc reported 151 stock positions worth $442.3 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 15.2% of the portfolio, followed by Schwab US Broad Market ETF (SCHB, 10.1%) and Vanguard S&P 500 ETF (VOO, 9.2%). Compared with Q4 2025, it opened 10 new positions, sold out of 15, added to 69 and reduced 48. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +10%) and the biggest sale General Mills (GIS, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0002008851
- Portfolio Value
- $442.3M (Q1 2026)
- SEC Filing
- 0002008851-26-000002 ↗ filed Apr 23, 2026
Holdings Value
Holdings 151 stocks · $442.3M
| SPY SS SPDR S&P 500 ETF Trust-US | 15.25% | 103,708 | $67.4M | Add +10.3% |
| SCHB Schwab US Broad Market ETF | 10.13% | 1,785,562 | $44.8M | Add +0.3% |
| VOO Vanguard S&P 500 ETF | 9.16% | 67,810 | $40.5M | Add +5.0% |
| QQQ Invesco QQQ Trust Series 1 | 5.18% | 39,668 | $22.9M | Add +0.2% |
| SIVR Abrdn Physical Silver Shares | 4.42% | 273,022 | $19.6M | Reduce -10.7% |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 3.42% | 162,054 | $15.1M | Add +9.7% |
| AAPL Apple Inc. | 3.14% | 54,749 | $13.9M | Reduce -0.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 3.04% | 29,008 | $13.4M | Add +10.4% |
| SGOL Abrdn Physical Gold Shares | 2.65% | 262,533 | $11.7M | Reduce -7.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.48% | 41,904 | $11.0M | Add +1.2% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 2.33% | 299,356 | $10.3M | Add +10.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 2.15% | 31,418 | $9.5M | Reduce -1.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.63% | 16,460 | $7.2M | Add +5.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.28% | 19,769 | $5.7M | Reduce -7.0% |
| AGG iShares Core U.S. Aggregate | 1.18% | 52,370 | $5.2M | Reduce -7.6% |
| MINT PIMCO Enhanced Short Maturit | 1.17% | 51,397 | $5.2M | Add +20.7% |
| CAT Caterpillar Inc. | 1.16% | 7,234 | $5.1M | Add +1.9% |
| XEL Xcel Energy Inc. | 1.15% | 63,998 | $5.1M | Add +0.6% |
| GIS General Mills Inc. | 1.10% | 130,522 | $4.9M | Reduce -46.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.05% | 9,729 | $4.7M | Add +9.5% |
| MSFT Microsoft Corp. | 0.86% | 10,315 | $3.8M | Add +4.4% |
| RUNN Running Oak Efficient GR ETF | 0.83% | 114,299 | $3.7M | Reduce -1.3% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.81% | 93,670 | $3.6M | No change |
| ORCL Oracle Corp. | 0.67% | 20,284 | $3.0M | Add +1.8% |
| JNJ Johnson & Johnson | 0.61% | 11,117 | $2.7M | Reduce -1.7% |
| MUB iShares National Muni Bond E | 0.61% | 25,582 | $2.7M | Add +0.8% |
| DE Deere & Co. | 0.60% | 4,685 | $2.6M | Add +0.3% |
| VGT Vanguard Info Tech ETF | 0.58% | 3,683 | $2.6M | Add +8.7% |
| VNQ Vanguard Real Estate ETF | 0.51% | 25,257 | $2.2M | Reduce -1.7% |
| PSA Public Storage | 0.50% | 8,093 | $2.2M | Add +2.2% |
| AMZN Amazon.com Inc. | 0.49% | 10,344 | $2.2M | Add +1.4% |
| VHT Vanguard Health Care ETF | 0.48% | 7,837 | $2.1M | Add +19.9% |
| VIS Vanguard Industrials ETF | 0.46% | 6,571 | $2.1M | Add +8.6% |
| VCR Vanguard Consumer Discre ETF | 0.46% | 5,680 | $2.0M | Add +10.2% |
| META Meta Platforms Inc. Class A | 0.45% | 3,477 | $2.0M | Add +2.4% |
| IJH iShares Core S&P Midcap ETF | 0.43% | 28,303 | $1.9M | Reduce -13.1% |
| MMM 3M Co. | 0.42% | 12,942 | $1.9M | Reduce -2.8% |
| UNH Unitedhealth Group Inc. | 0.41% | 6,761 | $1.8M | Add +4.2% |
| MRK Merck & Co. Inc. | 0.40% | 14,778 | $1.8M | Add +7.2% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.40% | 41,279 | $1.8M | Add +7.7% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.38% | 5,581 | $1.7M | No change |
| NVDA Nvidia Corp. | 0.37% | 9,459 | $1.6M | Add +3.3% |
| IVV iShares Core S&P 500 ETF | 0.35% | 2,387 | $1.6M | Reduce -45.0% |
| GOOGL Alphabet Inc. Class A | 0.35% | 5,407 | $1.6M | Add +22.3% |
| SCHX Schwab US Large-Cap ETF | 0.35% | 60,137 | $1.5M | Add +0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.34% | 7,660 | $1.5M | Add +0.1% |
| EMR Emerson Electric Co. | 0.33% | 11,296 | $1.5M | Reduce -0.9% |
| ECL Ecolab Inc. | 0.33% | 5,553 | $1.5M | Reduce -0.1% |
| DRI Darden Restaurants Inc. | 0.31% | 7,075 | $1.4M | Add +0.2% |
| SCHZ Schwab US Aggregate Bond ETF | 0.31% | 59,279 | $1.4M | Add +0.7% |
| GLDM SPDR Gold Minishares Trust | 0.30% | 14,533 | $1.3M | Reduce -4.7% |
| VFH Vanguard Financials ETF | 0.30% | 11,022 | $1.3M | Add +19.3% |
| VEA Vanguard Ftse Developed ETF | 0.29% | 20,215 | $1.3M | Add +3.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.29% | 4,029 | $1.3M | Add +0.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.29% | 4,939 | $1.3M | Add +40.3% |
| CGGR Cap Group Growth Equity | 0.28% | 30,398 | $1.2M | Add +9.0% |
| RSPR Invesco S&P 500 Equal Weight | 0.27% | 36,125 | $1.2M | No change |
| DGX Quest Diagnostics Inc. | 0.26% | 5,900 | $1.2M | No change |
| GOOG Alphabet Inc. Class C | 0.25% | 3,803 | $1.1M | Reduce -21.3% |
| IJR iShares Core S&P Small-Cap E | 0.24% | 8,366 | $1.0M | Reduce -11.9% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.23% | 17,117 | $1.0M | Add +0.3% |
| NNN NNN REIT Inc. | 0.23% | 23,870 | $1.0M | Reduce -31.2% |
| BSX Boston Scientific Corp. | 0.22% | 15,654 | $982K | No change |
| MCD McDonald's Corp. | 0.22% | 3,121 | $970K | Reduce -1.7% |
| JPM JPMorgan Chase & Co. | 0.22% | 3,262 | $959K | Add +21.0% |
| GGG Graco Inc. | 0.22% | 11,298 | $956K | Reduce -0.9% |
| CGCB Cap Group Core Bond | 0.21% | 35,892 | $943K | Add +10.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.21% | 9,482 | $928K | Add +5.0% |
| VIG Vanguard Dividend Apprec ETF | 0.20% | 4,189 | $901K | Reduce -1.3% |
| PLTR Palantir Technologies Inc. Class A | 0.20% | 6,129 | $897K | Reduce -1.6% |
| SNDA Sonida Senior Living Inc. | 0.19% | 26,434 | $852K | New |
| XLP SS Consumer Staples Sel Sect | 0.18% | 9,784 | $802K | Add +23.9% |
| ILCB iShares Morningstar U.S. Equ | 0.18% | 8,818 | $792K | Add +1.7% |
| SPTS SS SPDR P St Term TSY ETF | 0.18% | 26,880 | $784K | No change |
| AMAT Applied Materials Inc. | 0.18% | 2,290 | $783K | Reduce -16.6% |
| SCHD Schwab US DVD Equity ETF | 0.17% | 24,295 | $745K | Reduce -1.2% |
| KLAC KLA Corp. | 0.17% | 500 | $736K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.16% | 13,367 | $722K | Add +1.6% |
| SHV iShares 0-1 Year Treasury Bo | 0.16% | 6,496 | $717K | New |
| KMB Kimberly-Clark Corp. | 0.15% | 7,003 | $676K | Reduce -6.1% |
| CGMU Cap Group Municipal Income | 0.15% | 24,414 | $663K | Add +20.9% |
| WMT Walmart Inc. | 0.14% | 5,125 | $637K | Add +23.9% |
| SNDK Sandisk Corp. | 0.14% | 1,000 | $635K | New |
| USB US Bancorp | 0.14% | 11,662 | $607K | Reduce -5.0% |
| TGT Target Corp. | 0.13% | 4,740 | $574K | Reduce -0.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.13% | 1,686 | $570K | New |
| GE General Electric filed as GE AEROSPACE | 0.13% | 1,952 | $554K | Reduce -4.9% |
| SCHA Schwab US Small-Cap ETF | 0.12% | 18,893 | $549K | Add +0.3% |
| DUK Duke Energy Corp. | 0.12% | 4,147 | $543K | Reduce -1.6% |
| TTC Toro Co. | 0.12% | 5,681 | $531K | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.12% | 11,288 | $518K | Add +43.3% |
| MA Mastercard Inc. Class A | 0.12% | 1,023 | $511K | Add +0.6% |
| PG The Procter & Gamble Co. | 0.11% | 3,478 | $502K | Reduce -22.3% |
| DFAS Dimensional US Small Cap ETF | 0.11% | 6,947 | $494K | Reduce -5.8% |
| WM Waste Management Inc. | 0.11% | 2,143 | $492K | Reduce -14.9% |
| MDT Medtronic PLC | 0.11% | 5,540 | $480K | Reduce -7.5% |
| GEV GE Vernova Inc. | 0.11% | 546 | $477K | Reduce -5.0% |
| FTEC Fidelity MSCI Info Tech Indx | 0.11% | 2,260 | $470K | No change |
| GLD SPDR Gold Shares | 0.10% | 1,076 | $463K | Add +1.9% |
| CVX Chevron Corp. | 0.10% | 2,204 | $456K | Add +19.7% |
Portfolio Sells Q4 2025 → Q1 2026
| GIS General Mills Inc. | Reduce -46.5% | 1.10% | −1.41 |
| IVV iShares Core S&P 500 ETF | Reduce -45.0% | 0.35% | −0.31 |
| DAL Delta Air Lines Inc. | Reduce -61.2% | 0.10% | −0.16 |
| AAPL Apple Inc. | Reduce -0.1% | 3.14% | −0.15 |
| SIVR Abrdn Physical Silver Shares | Reduce -10.7% | 4.42% | −0.15 |
| AG First Majestic Silver Corp. | Sold out | 0.00% | −0.15 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.13 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.13 |
| IEFA iShares Core MSCI Eafe ETF | Sold out | 0.00% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -21.3% | 0.25% | −0.09 |
| GSLC Goldman Activebeta US LC ETF | Sold out | 0.00% | −0.09 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -7.0% | 1.28% | −0.08 |
| NNN NNN REIT Inc. | Reduce -31.2% | 0.23% | −0.08 |
| AGG iShares Core U.S. Aggregate | Reduce -7.6% | 1.18% | −0.08 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.08 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.07 |
| FWRG First Watch Restaurant Group | Sold out | 0.00% | −0.06 |
| MINN Mairs & Power MN Muni Bond | Sold out | 0.00% | −0.06 |
| USHY iShares Broad Usd High Yield | Sold out | 0.00% | −0.06 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.05 |
| EFA iShares MSCI Eafe ETF | Reduce -36.1% | 0.10% | −0.05 |
| SOLV Solventum Corp. | Sold out | 0.00% | −0.05 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −0.05 |
| MMM 3M Co. | Reduce -2.8% | 0.42% | −0.05 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.05 |
| VOOG Vanguard S&P 500 Growth ETF | Sold out | 0.00% | −0.04 |
| IJH iShares Core S&P Midcap ETF | Reduce -13.1% | 0.43% | −0.04 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.6% | 0.20% | −0.04 |
| FSK FS KKR Capital Corp. | Reduce -25.4% | 0.03% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -22.3% | 0.11% | −0.03 |
| XLK SS Technology Select Sector | Reduce -21.5% | 0.08% | −0.03 |
| RUNN Running Oak Efficient GR ETF | Reduce -1.3% | 0.83% | −0.02 |
| MDT Medtronic PLC | Reduce -7.5% | 0.11% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -11.9% | 0.24% | −0.02 |
| GE General Electric | Reduce -4.9% | 0.13% | −0.01 |
| KMB Kimberly-Clark Corp. | Reduce -6.1% | 0.15% | −0.01 |
| V Visa Inc. Class A | Reduce -4.2% | 0.07% | −0.01 |
| WM Waste Management Inc. | Reduce -14.9% | 0.11% | −0.01 |
| USB US Bancorp | Reduce -5.0% | 0.14% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.3% | 0.20% | −0.00 |
| SLV iShares Silver Trust | Reduce -10.4% | 0.08% | −0.00 |
| JBL Jabil Inc. | Reduce -22.8% | 0.05% | −0.00 |
| DFAS Dimensional US Small Cap ETF | Reduce -5.8% | 0.11% | −0.00 |
| AMD Advanced Micro Devices | Reduce -0.2% | 0.06% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -14.4% | 0.05% | −0.00 |
| KO The Coca-Cola Co. | Reduce -10.9% | 0.06% | −0.00 |
| EMR Emerson Electric Co. | Reduce -0.9% | 0.33% | 0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -1.7% | 0.51% | +0.00 |
| MCD McDonald's Corp. | Reduce -1.7% | 0.22% | +0.00 |
| GGG Graco Inc. | Reduce -0.9% | 0.22% | +0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | Add +10.3% | 15.25% | +1.08 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Add +9.7% | 3.42% | +0.32 |
| CAT Caterpillar Inc. | Add +1.9% | 1.16% | +0.26 |
| DIA SS SPDR Dow Jones Indus Avg | Add +10.4% | 3.04% | +0.25 |
| MINT PIMCO Enhanced Short Maturit | Add +20.7% | 1.17% | +0.22 |
| CGBL Cap Group Core Balanced | Add +10.6% | 2.33% | +0.21 |
| VOO Vanguard S&P 500 ETF | Add +5.0% | 9.16% | +0.20 |
| SNDA Sonida Senior Living Inc. | New | 0.19% | +0.19 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.16% | +0.16 |
| SNDK Sandisk Corp. | New | 0.14% | +0.14 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.13% | +0.13 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +1.2% | 2.48% | +0.12 |
| DE Deere & Co. | Add +0.3% | 0.60% | +0.12 |
| XEL Xcel Energy Inc. | Add +0.6% | 1.15% | +0.11 |
| MRK Merck & Co. Inc. | Add +7.2% | 0.40% | +0.08 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +40.3% | 0.29% | +0.07 |
| VHT Vanguard Health Care ETF | Add +19.9% | 0.48% | +0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +9.5% | 1.05% | +0.07 |
| VIS Vanguard Industrials ETF | Add +8.6% | 0.46% | +0.06 |
| HON Honeywell International Inc. | New | 0.05% | +0.05 |
| O Realty Income Corp. | New | 0.05% | +0.05 |
| REGN Regeneron Pharmaceuticals | New | 0.05% | +0.05 |
| ASX Ase Technology Holding -ADR | New | 0.05% | +0.05 |
| LHX L3HARRIS Technologies Inc. | New | 0.05% | +0.05 |
| XLP SS Consumer Staples Sel Sect | Add +23.9% | 0.18% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +22.3% | 0.35% | +0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +43.3% | 0.12% | +0.04 |
| WMT Walmart Inc. | Add +23.9% | 0.14% | +0.04 |
| PSA Public Storage | Add +2.2% | 0.50% | +0.04 |
| CVX Chevron Corp. | Add +19.7% | 0.10% | +0.04 |
| VFH Vanguard Financials ETF | Add +19.3% | 0.30% | +0.03 |
| CGMU Cap Group Municipal Income | Add +20.9% | 0.15% | +0.03 |
| CGDV Cap Group Dividend Value | Add +7.7% | 0.40% | +0.03 |
| DRI Darden Restaurants Inc. | Add +0.2% | 0.31% | +0.03 |
| XLV SS Health Care Select Sector | Add +57.5% | 0.08% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +21.0% | 0.22% | +0.02 |
| CGCB Cap Group Core Bond | Add +10.3% | 0.21% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +3.0% | 0.29% | +0.02 |
| SNAP Snap Inc. Class A | New | 0.02% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.1% | 0.34% | +0.02 |
| VGT Vanguard Info Tech ETF | Add +8.7% | 0.58% | +0.02 |
| FAST Fastenal Co. | Add +0.0% | 0.10% | +0.02 |
| COST Costco Wholesale Corp. | Add +0.8% | 0.09% | +0.01 |
| MUB iShares National Muni Bond E | Add +0.8% | 0.61% | +0.01 |
| T AT&T Inc. | Add +3.8% | 0.06% | +0.01 |
| GLD SPDR Gold Shares | Add +1.9% | 0.10% | +0.01 |
| VCR Vanguard Consumer Discre ETF | Add +10.2% | 0.46% | +0.01 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +0.3% | 0.23% | +0.01 |
| ESGD iShares Trust iShares ESG Aw | Add +7.0% | 0.10% | +0.01 |
| TSLA Tesla Inc. | Add +31.7% | 0.07% | +0.01 |
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 |