Carmel Capital Management L.L.C.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Carmel Capital Management L.L.C. reported 27 stock positions worth $256.7 million. Its top holding was Broadcom (AVGO) at 11.0% of the portfolio, followed by Vistra (VST, 9.0%) and Applied Materials (AMAT, 8.1%). Compared with Q1 2024, it sold out of 3, added to 12 and reduced 10. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale Invesco S&P 500 Equal Weight (RSPN, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- CARMEL, CA
- CIK
- 0001878547
- Portfolio Value
- $256.7M (Q2 2024)
- SEC Filing
- 0001754960-24-000418 ↗ filed Aug 12, 2024
Holdings Value
Holdings 27 stocks · $256.7M
| AVGO Broadcom Inc. | 10.97% | 17,542 | $28.2M | Reduce -5.8% |
| VST Vistra Corp. | 9.03% | 269,604 | $23.2M | Reduce -0.1% |
| AMAT Applied Materials Inc. | 8.11% | 88,250 | $20.8M | Reduce -0.6% |
| NXPI NXP Semiconductors NV | 6.82% | 65,022 | $17.5M | Reduce -0.3% |
| ASML ASML Holding NV-NY Reg SHS | 5.95% | 14,939 | $15.3M | Reduce -4.0% |
| KLAC KLA Corp. | 5.55% | 17,287 | $14.3M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 4.92% | 62,493 | $12.6M | Add +0.1% |
| AAPL Apple Inc. | 4.72% | 57,567 | $12.1M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.87% | 24,412 | $9.9M | Add +0.1% |
| GPK Graphic Packaging Holding Co. | 3.86% | 377,875 | $9.9M | No change |
| EWBC East West Bancorp Inc. | 3.53% | 123,860 | $9.1M | No change |
| C Citigroup Inc. | 3.52% | 142,375 | $9.0M | Add +11.3% |
| TER Teradyne Inc. | 3.42% | 59,184 | $8.8M | Reduce -15.2% |
| RSPN Invesco S&P 500 Equal Weight | 3.15% | 178,160 | $8.1M | Reduce -0.0% |
| RTX RTX Corp. | 3.14% | 80,396 | $8.1M | Add +0.2% |
| AZO AutoZone Inc. | 3.14% | 2,720 | $8.1M | Add +0.1% |
| VLO Valero Energy Corp. | 2.95% | 48,311 | $7.6M | Add +0.3% |
| EPI Wisdomtree India Earnings | 2.42% | 128,405 | $6.2M | No change |
| FISV Fiserv Inc. | 2.18% | 37,545 | $5.6M | Add +0.1% |
| ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU | 2.13% | 99,040 | $5.5M | Add +0.2% |
| RBC RBC Bearings Inc. | 2.11% | 20,121 | $5.4M | Add +0.2% |
| ENS Enersys | 1.97% | 48,735 | $5.0M | Add +0.2% |
| XBI SS SPDR S&P Biotech ETF | 1.31% | 36,244 | $3.4M | Reduce -11.1% |
| SMH Vaneck Semiconductor ETF | 0.52% | 5,122 | $1.3M | Add +1.0% |
| MSFT Microsoft Corp. | 0.44% | 2,539 | $1.1M | No change |
| AVO Mission Produce Inc. | 0.18% | 46,100 | $455K | Reduce -42.9% |
| GLD SPDR Gold Shares | 0.08% | 1,005 | $216K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| RSPN Invesco S&P 500 Equal Weight | Reduce -0.0% | 3.15% | −0.34 |
| XBI SS SPDR S&P Biotech ETF | Reduce -11.1% | 1.31% | −0.28 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -4.0% | 5.95% | −0.25 |
| AVO Mission Produce Inc. | Reduce -42.9% | 0.18% | −0.22 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.21 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.12 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.08 |
| NXPI NXP Semiconductors NV | Reduce -0.3% | 6.82% | +0.17 |
| TER Teradyne Inc. | Reduce -15.2% | 3.42% | +0.18 |
| KLAC KLA Corp. | Reduce -0.5% | 5.55% | +0.57 |
| AMAT Applied Materials Inc. | Reduce -0.6% | 8.11% | +0.59 |
| AVGO Broadcom Inc. | Reduce -5.8% | 10.97% | +0.83 |
| VST Vistra Corp. | Reduce -0.1% | 9.03% | +1.30 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +0.1% | 4.72% | +0.67 |
| C Citigroup Inc. | Add +11.3% | 3.52% | +0.19 |
| ENS Enersys | Add +0.2% | 1.97% | +0.08 |
| SMH Vaneck Semiconductor ETF | Add +1.0% | 0.52% | +0.05 |
| RTX RTX Corp. | Add +0.2% | 3.14% | −0.07 |
| RBC RBC Bearings Inc. | Add +0.2% | 2.11% | −0.12 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 4.92% | −0.21 |
| ROBO Robo Global Robotics and Aut | Add +0.2% | 2.13% | −0.26 |
| FISV Fiserv Inc. | Add +0.1% | 2.18% | −0.28 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 3.87% | −0.35 |
| AZO AutoZone Inc. | Add +0.1% | 3.14% | −0.38 |
| VLO Valero Energy Corp. | Add +0.3% | 2.95% | −0.43 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $456.4M | AMAT, AVGO, VST, ASML, KLAC |
| Q1 2026 | 25 | $349.2M | AVGO, VST, AMAT, C, ASML |
| Q4 2025 | 23 | $330.0M | AVGO, VST, AMAT, C, JPM |
| Q3 2025 | 25 | $329.0M | VST, AVGO, JPM, AMAT, C |
| Q2 2025 | 25 | $296.5M | VST, AVGO, JPM, AMAT, C |
| Q1 2025 | 25 | $246.3M | VST, AVGO, JPM, BRK.B, AMAT |
| Q4 2024 | 26 | $264.7M | AVGO, VST, JPM, AMAT, AAPL |
| Q3 2024 | 28 | $266.6M | VST, AVGO, AMAT, NXPI, AAPL |
| Q2 2024 | 27 | $256.7M | AVGO, VST, AMAT, NXPI, ASML |
| Q1 2024 | 30 | $243.4M | AVGO, VST, AMAT, NXPI, ASML |