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

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $241.9M $241.9M Q1 2024 Q2 2024: $237.1M Q2 2024 Q3 2024: $259.1M Q3 2024 Q4 2024: $248.0M Q4 2024 Q1 2025: $254.3M Q1 2025 Q2 2025: $285.2M Q2 2025 Q3 2025: $237.2M Q3 2025 Q4 2025: $284.8M Q4 2025 Q1 2026: $277.1M Q1 2026 Q2 2026: $302.4M Q2 2026

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%
PATK Patrick Industries Inc. 0.15% 3,044 $364K No change
VEA Vanguard Ftse Developed ETF 0.15% 7,208 $362K New
QNST Quinstreet Inc. 0.15% 20,080 $355K No change
HHH Howard Hughes Holdings Inc. 0.15% 4,841 $352K Add +10.7%
SE Sea Ltd.-ADR 0.14% 6,500 $349K No change
ABT Abbott Laboratories 0.14% 3,037 $345K Add +0.2%
ELS Equity Lifestyle Properties 0.14% 5,302 $341K Add +14.1%
AZO AutoZone Inc. 0.14% 108 $340K No change
CCI Crown Castle Inc. 0.14% 3,199 $339K Add +13.0%
ADC Agree Realty Corp. 0.14% 5,899 $337K Add +15.0%
CAT Caterpillar Inc. 0.13% 888 $325K Add +1.7%
PANW Palo Alto Networks Inc. 0.13% 1,137 $323K Reduce -1.3%
WMT Walmart Inc. 0.13% 5,304 $319K Add +2.4%
ENSG The Ensign Group Inc. 0.13% 2,437 $303K No change
ADEA Adeia Inc. 0.12% 27,316 $298K No change
AFL Aflac Inc. 0.12% 3,438 $295K Reduce -0.1%
KO The Coca-Cola Co. 0.12% 4,746 $290K Reduce -1.6%
PG The Procter & Gamble Co. 0.12% 1,747 $283K Add +2.8%
EVI Evi Industries Inc. 0.11% 11,060 $275K No change
PLAB Photronics Inc. 0.11% 9,663 $274K No change
UCB United Community Banks 0.11% 10,395 $274K No change
AXP American Express Co. 0.11% 1,201 $273K Reduce -0.2%
MTH Meritage Homes Corp. 0.11% 1,551 $272K No change
CMCO Columbus McKinnon Corp. 0.11% 6,095 $272K No change
DBRG Digitalbridge Group Inc. 0.11% 14,039 $271K New
KDP Keurig Dr Pepper Inc. 0.11% 8,804 $270K Reduce -19.4%
V Visa Inc. Class A 0.11% 967 $270K Reduce -0.1%
PKG Packaging Corp. of America 0.11% 1,418 $269K Add +1.8%
AX Axos Financial Inc. 0.11% 4,801 $259K No change
FONR Fonar Corp. 0.11% 12,088 $258K No change
TXN Texas Instruments Inc. 0.11% 1,478 $257K Add +5.4%
AEP American Electric Power 0.11% 2,960 $255K Add +11.2%
FTI Technipfmc PLC 0.10% 10,000 $251K No change
BRO Brown & Brown Inc. 0.10% 2,850 $249K Reduce -9.9%
HURC Hurco Companies Inc. 0.10% 12,364 $249K Add +1.3%
VRRM Verra Mobility Corp. 0.10% 9,911 $247K No change
LE Lands' End Inc. 0.10% 22,619 $246K Add +1.1%
AGG iShares Core U.S. Aggregate 0.10% 2,503 $245K New
BIP Brookfield Infrastructure Pa 0.10% 7,825 $244K No change
CASH Pathward Financial Inc. 0.10% 4,831 $244K No change
NOC Northrop Grumman Corp. 0.10% 507 $243K No change
EMR Emerson Electric Co. 0.10% 2,073 $235K New
FSK FS KKR Capital Corp. 0.09% 11,728 $224K No change
VZ Verizon Communications Inc. 0.09% 5,330 $224K New
MDT Medtronic PLC 0.09% 2,510 $219K New
CEF Sprott Physical Gold and Sil 0.09% 10,606 $216K No change
MCFT Mastercraft Boat Holdings Inc. 0.09% 8,879 $211K No change
HON Honeywell International Inc. 0.09% 1,019 $209K New
EPD Enterprise Products Partners 0.09% 7,089 $207K New
IWB iShares Russell 1000 ETF 0.09% 717 $206K New
LHX L3HARRIS Technologies Inc. 0.09% 965 $206K New
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.09% 717 $205K New
BSJO Invesco Bulletshares 2024 HY 0.08% 8,850 $201K No change
LIONS GATE ENTMNT CORP 0.08% 19,630 $195K No change
CRNC Cerence Inc. 0.08% 11,864 $187K Add +0.6%
AMCR Amcor PLC 0.06% 16,035 $152K Add +20.1%
GDOT Green Dot Corp. Class A 0.05% 14,244 $133K Add +1.2%

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 134$302.4MUSFR, HD, NOBL, CGMS, IBTI
Q1 2026 118$277.1MUSFR, HD, CGMS, CLOX, LEN
Q4 2025 113$284.8MUSFR, HD, LEN, CGMS, PLTR
Q3 2025 104$237.2MHD, USFR, PLTR, LEN, CLOZ
Q2 2025 154$285.2MUSFR, HD, PLTR, LEN, PFXF
Q1 2025 150$254.3MUSFR, HD, LEN, PLTR, PFXF
Q4 2024 145$248.0MUSFR, HD, PLTR, FLOT, LEN
Q3 2024 167$259.1MUSFR, HD, LEN, PLTR, FLOT
Q2 2024 163$237.1MUSFR, HD, LEN, PLTR, FLOT
Q1 2024 157$241.9MUSFR, HD, LEN, PLTR, FLOT