Carmel Capital Partners, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 25, 2024), Carmel Capital Partners, LLC reported 157 stock positions worth $241.9 million. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 19.1% of the portfolio, followed by Home Depot (HD, 14.1%) and Lennar Class A (LEN, 6.9%). Compared with Q4 2023, it opened 20 new positions, sold out of 13, added to 72 and reduced 37. The biggest buy was Wisdomtree Floating Rate Tre (USFR, shares +81%) and the biggest sale an exit from iShares Ibonds Dec 2024 Term (IBTE).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0001900481
- Portfolio Value
- $241.9M (Q1 2024)
- SEC Filing
- 0001900481-24-000003 ↗ filed Apr 25, 2024
Holdings Value
Holdings 157 stocks · $241.9M
| USFR Wisdomtree Floating Rate Tre | 19.07% | 917,153 | $46.1M | Add +81.4% |
| HD Home Depot Inc. | 14.07% | 88,725 | $34.0M | Add +0.1% |
| LEN Lennar Corp. Class A | 6.87% | 96,574 | $16.6M | Add +27.1% |
| PLTR Palantir Technologies Inc. Class A | 3.53% | 371,173 | $8.5M | Reduce -16.3% |
| FLOT iShares Floating Rate Bond E | 3.16% | 149,612 | $7.6M | Add +18.9% |
| PFXF Vaneck Pref Sec X-Financials | 1.61% | 220,253 | $3.9M | Add +17.5% |
| LEN.B Lennar Corp. Class B | 1.59% | 25,018 | $3.9M | No change |
| IBTF iShares Ibonds Dec 2025 Term | 1.59% | 166,021 | $3.9M | New |
| BSCR Invesco Bulletshares 2027 CB | 1.56% | 195,983 | $3.8M | Add +18.4% |
| BSCQ Invesco Bulletshares 2026 CB | 1.56% | 196,642 | $3.8M | Add +18.6% |
| BSCS Invesco Bulletshares 2028 CB | 1.56% | 187,721 | $3.8M | Add +17.5% |
| IBTI iShares Ibonds Dec 2028 Term | 1.15% | 127,232 | $2.8M | New |
| QCOM Qualcomm Inc. | 1.06% | 15,174 | $2.6M | Reduce -9.7% |
| STWD Starwood Property Trust Inc. | 0.97% | 115,527 | $2.3M | Add +15.7% |
| OXY Occidental Petroleum Corp. | 0.89% | 33,049 | $2.1M | Add +2.5% |
| ORCL Oracle Corp. | 0.85% | 16,313 | $2.0M | Reduce -16.1% |
| APO Apollo Global Management Inc. | 0.84% | 18,078 | $2.0M | Reduce -1.4% |
| APG Api Group Corp. | 0.83% | 50,927 | $2.0M | Reduce -19.2% |
| MU Micron Technology Inc. | 0.82% | 16,863 | $2.0M | Reduce -20.5% |
| OBDC Blue Owl Capital Corp. | 0.82% | 128,896 | $2.0M | Add +11.6% |
| TFLO iShares Treasury Floating Ra | 0.79% | 37,906 | $1.9M | New |
| AAPL Apple Inc. | 0.78% | 11,024 | $1.9M | Add +21.4% |
| ILMN Illumina Inc. | 0.77% | 13,538 | $1.9M | Add +9.1% |
| BN Brookfield Corp. | 0.77% | 44,364 | $1.9M | Reduce -1.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.76% | 14,926 | $1.8M | Add +5.1% |
| CSX CSX Corp. | 0.73% | 47,956 | $1.8M | Add +2.0% |
| SCHW Schwab (charles) Corp. | 0.72% | 24,028 | $1.7M | Add +1.6% |
| IQV Iqvia Holdings Inc. | 0.69% | 6,589 | $1.7M | Reduce -0.3% |
| HCA HCA Healthcare Inc. | 0.67% | 4,880 | $1.6M | New |
| AMAT Applied Materials Inc. | 0.66% | 7,769 | $1.6M | Reduce -24.6% |
| RH RH | 0.62% | 4,325 | $1.5M | Add +8.9% |
| ROK Rockwell Automation Inc. | 0.61% | 5,098 | $1.5M | Add +40.8% |
| IR Ingersoll-Rand Inc. | 0.58% | 14,848 | $1.4M | Add +2.5% |
| LKQ LKQ Corp. | 0.57% | 25,721 | $1.4M | Reduce -1.3% |
| ICE Intercontinental Exchange Inc. | 0.56% | 9,905 | $1.4M | Reduce -0.2% |
| CCK Crown Holdings Inc. | 0.52% | 15,986 | $1.3M | Add +61.3% |
| ELAN Elanco Animal Health Inc. | 0.51% | 76,311 | $1.2M | Reduce -14.8% |
| UPS United Parcel Service Class B | 0.50% | 8,066 | $1.2M | Add +336.7% |
| BAX Baxter International Inc. | 0.49% | 27,467 | $1.2M | Add +26.9% |
| UBER Uber Technologies Inc. | 0.48% | 15,188 | $1.2M | Reduce -18.0% |
| ON On Semiconductor | 0.48% | 15,854 | $1.2M | Add +75.2% |
| LH Laboratory CRP of Amer Hldgs | 0.47% | 5,152 | $1.1M | Add +1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 2,675 | $1.1M | Reduce -2.7% |
| AA Alcoa Corp. | 0.46% | 33,125 | $1.1M | Add +13.9% |
| RPM RPM International Inc. | 0.45% | 9,104 | $1.1M | Reduce -0.9% |
| SPG Simon Property Group Inc. | 0.45% | 6,897 | $1.1M | Add +2.6% |
| BIPC Brookfield Infrastructure-A | 0.44% | 29,270 | $1.1M | Add +3.6% |
| XOM Exxon Mobil Corp. | 0.42% | 8,796 | $1.0M | Add +1.0% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.42% | 33,968 | $1.0M | Add +3.8% |
| A Agilent Technologies Inc. | 0.41% | 6,858 | $998K | Add +2.2% |
| CNXC Concentrix Corp. | 0.41% | 14,805 | $980K | Add +29.5% |
| PSMT Pricesmart Inc. | 0.38% | 11,000 | $924K | Reduce -21.4% |
| MKL Markel Group Inc. | 0.37% | 584 | $889K | Add +0.3% |
| KMX Carmax Inc. | 0.36% | 9,949 | $867K | Add +3.7% |
| FWONK Liberty Media Corp. Class C | 0.36% | 13,136 | $862K | Add +2.8% |
| AMZN Amazon.com Inc. | 0.35% | 4,721 | $852K | Reduce -5.9% |
| MSFT Microsoft Corp. | 0.35% | 2,019 | $850K | Reduce -9.8% |
| BEPC Brookfield Renewable Cor-A | 0.35% | 34,568 | $849K | Reduce -7.9% |
| NVDA Nvidia Corp. | 0.35% | 938 | $848K | Add +4.1% |
| MS Morgan Stanley | 0.34% | 8,663 | $816K | New |
| PECO Phillips Edison & Company Inc. | 0.33% | 22,499 | $807K | No change |
| BA The Boeing Co. | 0.33% | 4,109 | $793K | New |
| BX Blackstone Inc. | 0.32% | 5,956 | $782K | Reduce -4.9% |
| Z Zillow Group Inc. Class C | 0.32% | 15,820 | $772K | Add +15.1% |
| GOOG Alphabet Inc. Class C | 0.31% | 5,001 | $761K | Reduce -26.9% |
| TSLA Tesla Inc. | 0.31% | 4,265 | $750K | Reduce -0.6% |
| ABBV Abbvie Inc. | 0.31% | 4,061 | $740K | No change |
| SPOT Spotify Technology SA | 0.30% | 2,739 | $723K | Reduce -21.9% |
| META Meta Platforms Inc. Class A | 0.29% | 1,420 | $690K | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 0.28% | 3,333 | $668K | Add +34.0% |
| DASH DoorDash Inc. Class A | 0.26% | 4,551 | $627K | Add +1.4% |
| MCD McDonald's Corp. | 0.26% | 2,221 | $626K | Add +87.7% |
| EXR Extra Space Storage Inc. | 0.25% | 4,173 | $613K | Add +4.9% |
| LMT Lockheed Martin Corp. | 0.21% | 1,118 | $509K | Add +17.4% |
| JEF Jefferies Financial Group Inc. | 0.21% | 11,400 | $503K | No change |
| LLY Eli Lilly & Co. | 0.20% | 609 | $474K | Reduce -14.2% |
| COST Costco Wholesale Corp. | 0.20% | 645 | $473K | Reduce -6.5% |
| NNN NNN REIT Inc. | 0.19% | 10,683 | $457K | Add +9.6% |
| CAH Cardinal Health Inc. | 0.19% | 4,030 | $451K | Reduce -4.2% |
| LAMR Lamar Advertising Co. Class A | 0.18% | 3,730 | $445K | Add +7.6% |
| BLK BlackRock Finance Inc. | 0.18% | 533 | $444K | Add +1.3% |
| JOE The St Joe Co. | 0.18% | 7,357 | $426K | Add +9.5% |
| PLD Prologis Inc. | 0.17% | 3,242 | $422K | Reduce -2.2% |
| MRK Merck & Co. Inc. | 0.17% | 3,132 | $413K | Add +1.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.17% | 1,564 | $406K | New |
| WELL Welltower Inc. | 0.17% | 4,292 | $401K | Add +10.7% |
| CVX Chevron Corp. | 0.16% | 2,526 | $398K | Add +2.4% |
| ARE Alexandria Real Estate Equit | 0.16% | 3,082 | $397K | Add +8.5% |
| BAM Brookfield Asset Mgmt-A | 0.16% | 9,429 | $396K | Add +0.8% |
| CUBE Cubesmart | 0.16% | 8,678 | $392K | Add +8.9% |
| EQIX Equinix Inc. | 0.16% | 460 | $380K | Add +9.3% |
| CDP Copt Defense Properties | 0.16% | 15,668 | $379K | New |
| STX Seagate Technology Holdings | 0.16% | 4,039 | $376K | Reduce -3.4% |
| NTST Netstreit Corp. | 0.15% | 20,313 | $373K | New |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.15% | 5,886 | $371K | Add +11.8% |
| WTI W&T Offshore Inc. | 0.15% | 140,000 | $371K | Add +27.3% |
| JBGS JBG Smith Properties | 0.15% | 23,043 | $370K | Add +7.5% |
| LULU Lululemon Athletica Inc. | 0.15% | 943 | $368K | Add +112.9% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.15% | 4,125 | $365K | No change |
| SCHX Schwab US Large-Cap ETF | 0.15% | 5,860 | $364K | Reduce -1.7% |
Options reported separately and not counted above: PLTR calls ($11K).
Portfolio Sells Q4 2023 → Q1 2024
| IBTE iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −2.41 |
| OCSL Oaktree Specialty Lending Co. | Sold out | 0.00% | −0.83 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.73 |
| PLTR Palantir Technologies Inc. Class A | Reduce -16.3% | 3.53% | −0.36 |
| VCIT Vanguard Int-Term Corporate | Sold out | 0.00% | −0.34 |
| O Realty Income Corp. | Sold out | 0.00% | −0.33 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −0.31 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.29 |
| APG Api Group Corp. | Reduce -19.2% | 0.83% | −0.29 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.29 |
| TSLA Tesla Inc. | Reduce -0.6% | 0.31% | −0.23 |
| SCCO Southern Copper Corp. | Sold out | 0.00% | −0.23 |
| BEPC Brookfield Renewable Cor-A | Reduce -7.9% | 0.35% | −0.20 |
| ORCL Oracle Corp. | Reduce -16.1% | 0.85% | −0.20 |
| AMAT Applied Materials Inc. | Reduce -24.6% | 0.66% | −0.19 |
| QCOM Qualcomm Inc. | Reduce -9.7% | 1.06% | −0.18 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.18 |
| GOOG Alphabet Inc. Class C | Reduce -26.9% | 0.31% | −0.18 |
| ELAN Elanco Animal Health Inc. | Reduce -14.8% | 0.51% | −0.17 |
| PSMT Pricesmart Inc. | Reduce -21.4% | 0.38% | −0.16 |
| SCHO Schwab Short-Term US Treas | Sold out | 0.00% | −0.16 |
| BN Brookfield Corp. | Reduce -1.2% | 0.77% | −0.15 |
| VGIT Vanguard Intermediate-Term T | Sold out | 0.00% | −0.12 |
| RCMT RCM Technologies Inc. | Sold out | 0.00% | −0.11 |
| MU Micron Technology Inc. | Reduce -20.5% | 0.82% | −0.10 |
| UBER Uber Technologies Inc. | Reduce -18.0% | 0.48% | −0.10 |
| BX Blackstone Inc. | Reduce -4.9% | 0.32% | −0.10 |
| IQV Iqvia Holdings Inc. | Reduce -0.3% | 0.69% | −0.09 |
| ICE Intercontinental Exchange Inc. | Reduce -0.2% | 0.56% | −0.09 |
| MSFT Microsoft Corp. | Reduce -9.8% | 0.35% | −0.08 |
| RPM RPM International Inc. | Reduce -0.9% | 0.45% | −0.08 |
| KDP Keurig Dr Pepper Inc. | Reduce -19.4% | 0.11% | −0.07 |
| LKQ LKQ Corp. | Reduce -1.3% | 0.57% | −0.07 |
| PLD Prologis Inc. | Reduce -2.2% | 0.17% | −0.05 |
| PANW Palo Alto Networks Inc. | Reduce -1.3% | 0.13% | −0.04 |
| SPOT Spotify Technology SA | Reduce -21.9% | 0.30% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -6.5% | 0.20% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -5.9% | 0.35% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.7% | 0.47% | −0.04 |
| APO Apollo Global Management Inc. | Reduce -1.4% | 0.84% | −0.03 |
| CAH Cardinal Health Inc. | Reduce -4.2% | 0.19% | −0.03 |
| STX Seagate Technology Holdings | Reduce -3.4% | 0.16% | −0.03 |
| KO The Coca-Cola Co. | Reduce -1.6% | 0.12% | −0.03 |
| AFL Aflac Inc. | Reduce -0.1% | 0.12% | −0.02 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.7% | 0.15% | −0.02 |
| V Visa Inc. Class A | Reduce -0.1% | 0.11% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -14.2% | 0.20% | −0.02 |
| BRO Brown & Brown Inc. | Reduce -9.9% | 0.10% | −0.01 |
| AXP American Express Co. | Reduce -0.2% | 0.11% | −0.00 |
| META Meta Platforms Inc. Class A | Reduce -0.9% | 0.29% | +0.03 |
Portfolio Buys Q4 2023 → Q1 2024
| USFR Wisdomtree Floating Rate Tre | Add +81.4% | 19.07% | +6.10 |
| IBTF iShares Ibonds Dec 2025 Term | New | 1.59% | +1.59 |
| IBTI iShares Ibonds Dec 2028 Term | New | 1.15% | +1.15 |
| LEN Lennar Corp. Class A | Add +27.1% | 6.87% | +1.08 |
| TFLO iShares Treasury Floating Ra | New | 0.79% | +0.79 |
| HCA HCA Healthcare Inc. | New | 0.67% | +0.67 |
| UPS United Parcel Service Class B | Add +336.7% | 0.50% | +0.35 |
| MS Morgan Stanley | New | 0.34% | +0.34 |
| BA The Boeing Co. | New | 0.33% | +0.33 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.17% | +0.17 |
| CDP Copt Defense Properties | New | 0.16% | +0.16 |
| NTST Netstreit Corp. | New | 0.15% | +0.15 |
| VEA Vanguard Ftse Developed ETF | New | 0.15% | +0.15 |
| NVDA Nvidia Corp. | Add +4.1% | 0.35% | +0.12 |
| DBRG Digitalbridge Group Inc. | New | 0.11% | +0.11 |
| AGG iShares Core U.S. Aggregate | New | 0.10% | +0.10 |
| DIS The Walt Disney Co. | Add +5.1% | 0.76% | +0.10 |
| EMR Emerson Electric Co. | New | 0.10% | +0.10 |
| ON On Semiconductor | Add +75.2% | 0.48% | +0.10 |
| VZ Verizon Communications Inc. | New | 0.09% | +0.09 |
| MDT Medtronic PLC | New | 0.09% | +0.09 |
| HON Honeywell International Inc. | New | 0.09% | +0.09 |
| EPD Enterprise Products Partners | New | 0.09% | +0.09 |
| IWB iShares Russell 1000 ETF | New | 0.09% | +0.09 |
| LHX L3HARRIS Technologies Inc. | New | 0.09% | +0.09 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | New | 0.09% | +0.09 |
| MCD McDonald's Corp. | Add +87.7% | 0.26% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +34.0% | 0.28% | +0.06 |
| BAX Baxter International Inc. | Add +26.9% | 0.49% | +0.06 |
| CCK Crown Holdings Inc. | Add +61.3% | 0.52% | +0.06 |
| ROK Rockwell Automation Inc. | Add +40.8% | 0.61% | +0.04 |
| LULU Lululemon Athletica Inc. | Add +112.9% | 0.15% | +0.04 |
| DASH DoorDash Inc. Class A | Add +1.4% | 0.26% | +0.03 |
| RH RH | Add +8.9% | 0.62% | +0.03 |
| IR Ingersoll-Rand Inc. | Add +2.5% | 0.58% | +0.01 |
| CAT Caterpillar Inc. | Add +1.7% | 0.13% | +0.00 |
| MRK Merck & Co. Inc. | Add +1.1% | 0.17% | −0.00 |
| AMCR Amcor PLC | Add +20.1% | 0.06% | −0.00 |
| LAMR Lamar Advertising Co. Class A | Add +7.6% | 0.18% | −0.00 |
| PKG Packaging Corp. of America | Add +1.8% | 0.11% | −0.00 |
| AEP American Electric Power | Add +11.2% | 0.11% | −0.01 |
| WMT Walmart Inc. | Add +2.4% | 0.13% | −0.01 |
| LE Lands' End Inc. | Add +1.1% | 0.10% | −0.01 |
| PG The Procter & Gamble Co. | Add +2.8% | 0.12% | −0.01 |
| LMT Lockheed Martin Corp. | Add +17.4% | 0.21% | −0.01 |
| VMRK Vivmark Residential | Add +11.8% | 0.15% | −0.01 |
| WELL Welltower Inc. | Add +10.7% | 0.17% | −0.01 |
| TXN Texas Instruments Inc. | Add +5.4% | 0.11% | −0.02 |
| EQIX Equinix Inc. | Add +9.3% | 0.16% | −0.02 |
| GDOT Green Dot Corp. Class A | Add +1.2% | 0.05% | −0.02 |
Options Activity Q4 2023 → Q1 2024
| PLTR Palantir Technologies Inc. Class A | call | New | 13,500 | $11K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| WESTERN DIGITAL CORP (WDC 1.5 02/01/24) | NOTE 1.500% 2/0 · principal | Sold out | 10,000 | $10Kbefore 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 | 134 | $302.4M | USFR, HD, NOBL, CGMS, IBTI |
| Q1 2026 | 118 | $277.1M | USFR, HD, CGMS, CLOX, LEN |
| Q4 2025 | 113 | $284.8M | USFR, HD, LEN, CGMS, PLTR |
| Q3 2025 | 104 | $237.2M | HD, USFR, PLTR, LEN, CLOZ |
| Q2 2025 | 154 | $285.2M | USFR, HD, PLTR, LEN, PFXF |
| Q1 2025 | 150 | $254.3M | USFR, HD, LEN, PLTR, PFXF |
| Q4 2024 | 145 | $248.0M | USFR, HD, PLTR, FLOT, LEN |
| Q3 2024 | 167 | $259.1M | USFR, HD, LEN, PLTR, FLOT |
| Q2 2024 | 163 | $237.1M | USFR, HD, LEN, PLTR, FLOT |
| Q1 2024 | 157 | $241.9M | USFR, HD, LEN, PLTR, FLOT |