Carmel Capital Partners, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Carmel Capital Partners, LLC reported 145 stock positions worth $248.0 million. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 12.5% of the portfolio, followed by Home Depot (HD, 12.4%) and Palantir Technologies Class A (PLTR, 5.8%). Compared with Q3 2024, it opened 6 new positions, sold out of 28, added to 93 and reduced 32. The biggest buy was iShares Floating Rate Bond E (FLOT, shares +28%) and the biggest sale an exit from Janus Henderson Mortg Backed (JMBS).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0001900481
- Portfolio Value
- $248.0M (Q4 2024)
- SEC Filing
- 0001900481-25-000003 ↗ filed Feb 6, 2025
Holdings Value
Holdings 145 stocks · $248.0M
| USFR Wisdomtree Floating Rate Tre | 12.53% | 617,314 | $31.1M | Reduce -10.8% |
| HD Home Depot Inc. | 12.42% | 79,195 | $30.8M | Reduce -5.9% |
| PLTR Palantir Technologies Inc. Class A | 5.75% | 188,557 | $14.3M | Reduce -36.5% |
| FLOT iShares Floating Rate Bond E | 4.98% | 242,552 | $12.3M | Add +28.4% |
| LEN Lennar Corp. Class A | 4.96% | 90,266 | $12.3M | No change |
| PFXF Vaneck Pref Sec X-Financials | 2.98% | 428,239 | $7.4M | Add +5.6% |
| BSCR Invesco Bulletshares 2027 CB | 2.06% | 262,476 | $5.1M | Add +5.7% |
| BSCQ Invesco Bulletshares 2026 CB | 2.06% | 263,046 | $5.1M | Add +5.8% |
| BSCS Invesco Bulletshares 2028 CB | 2.05% | 252,255 | $5.1M | Add +5.9% |
| IBTI iShares Ibonds Dec 2028 Term | 1.97% | 222,608 | $4.9M | Add +36.7% |
| TSLA Tesla Inc. | 1.80% | 11,075 | $4.5M | Add +3.1% |
| LEN.B Lennar Corp. Class B | 1.33% | 25,018 | $3.3M | No change |
| STWD Starwood Property Trust Inc. | 1.13% | 147,408 | $2.8M | Add +11.7% |
| AAPL Apple Inc. | 1.09% | 10,819 | $2.7M | Add +1.0% |
| OBDC Blue Owl Capital Corp. | 1.04% | 170,987 | $2.6M | Add +12.6% |
| QCOM Qualcomm Inc. | 1.01% | 16,378 | $2.5M | Add +7.0% |
| APO Apollo Global Management Inc. | 0.99% | 14,883 | $2.5M | Reduce -19.5% |
| RH RH | 0.94% | 5,944 | $2.3M | Add +4.5% |
| BN Brookfield Corp. | 0.94% | 40,605 | $2.3M | Add +4.5% |
| APG Api Group Corp. | 0.92% | 63,562 | $2.3M | Add +8.0% |
| ORCL Oracle Corp. | 0.92% | 13,661 | $2.3M | Reduce -19.4% |
| IQV Iqvia Holdings Inc. | 0.90% | 11,396 | $2.2M | Add +50.8% |
| SCHW Schwab (charles) Corp. | 0.85% | 28,451 | $2.1M | Add +6.7% |
| ROK Rockwell Automation Inc. | 0.84% | 7,274 | $2.1M | Add +7.1% |
| UPS United Parcel Service Class B | 0.79% | 15,525 | $2.0M | Add +5.7% |
| ILMN Illumina Inc. | 0.74% | 13,784 | $1.8M | Add +23.9% |
| OXY Occidental Petroleum Corp. | 0.72% | 35,911 | $1.8M | Add +43.1% |
| AMAT Applied Materials Inc. | 0.71% | 10,882 | $1.8M | Add +82.7% |
| UBER Uber Technologies Inc. | 0.70% | 28,615 | $1.7M | Add +110.1% |
| ON On Semiconductor | 0.68% | 26,798 | $1.7M | Add +13.1% |
| CSX CSX Corp. | 0.67% | 51,486 | $1.7M | Add +4.8% |
| HCA HCA Healthcare Inc. | 0.64% | 5,275 | $1.6M | Add +18.1% |
| MU Micron Technology Inc. | 0.62% | 18,385 | $1.5M | Add +53.9% |
| ICE Intercontinental Exchange Inc. | 0.62% | 10,337 | $1.5M | Add +1.2% |
| JEF Jefferies Financial Group Inc. | 0.61% | 19,410 | $1.5M | Reduce -0.3% |
| LH Labcorp Holdings Inc. | 0.61% | 6,605 | $1.5M | Add +9.0% |
| CRM Salesforce Inc. | 0.60% | 4,435 | $1.5M | Add +7.1% |
| CCK Crown Holdings Inc. | 0.59% | 17,782 | $1.5M | Add +3.7% |
| Z Zillow Group Inc. Class C | 0.59% | 19,616 | $1.5M | Add +6.7% |
| FWONK Liberty Media Corp. Class C | 0.58% | 15,563 | $1.4M | Add +7.5% |
| MRVL Marvell Technology Inc. | 0.57% | 12,833 | $1.4M | Reduce -1.4% |
| LKQ LKQ Corp. | 0.55% | 37,113 | $1.4M | Add +3.1% |
| IR Ingersoll-Rand Inc. | 0.55% | 15,033 | $1.4M | Add +8.3% |
| PHG Koninklijke Philips NVR- NY | 0.54% | 53,036 | $1.3M | Add +7.5% |
| BIPC Brookfield Infrastructure-A | 0.53% | 33,007 | $1.3M | Add +5.2% |
| NVDA Nvidia Corp. | 0.53% | 9,832 | $1.3M | Add +4.8% |
| SPG Simon Property Group Inc. | 0.48% | 6,954 | $1.2M | Add +0.8% |
| RPM RPM International Inc. | 0.48% | 9,605 | $1.2M | Add +5.4% |
| MS Morgan Stanley | 0.47% | 9,281 | $1.2M | Add +0.4% |
| CARR Carrier Global Corp. | 0.45% | 16,307 | $1.1M | Add +7.1% |
| BEPC Brookfield Renewable Corp. | 0.44% | 39,619 | $1.1M | Add +7.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 2,413 | $1.1M | Reduce -9.8% |
| A Agilent Technologies Inc. | 0.43% | 7,943 | $1.1M | Add +11.0% |
| IBTF iShares Ibonds Dec 2025 Term | 0.42% | 44,500 | $1.0M | No change |
| BA The Boeing Co. | 0.40% | 5,561 | $984K | Reduce -31.4% |
| BAX Baxter International Inc. | 0.39% | 33,011 | $963K | Add +56.7% |
| GOOG Alphabet Inc. Class C | 0.38% | 4,992 | $951K | Add +1.0% |
| AMZN Amazon.com Inc. | 0.38% | 4,245 | $931K | Reduce -1.9% |
| MKL Markel Group Inc. | 0.37% | 536 | $925K | Reduce -0.4% |
| AA Alcoa Corp. | 0.35% | 22,662 | $856K | Add +9.5% |
| JPM JPMorgan Chase & Co. | 0.34% | 3,546 | $850K | Add +0.3% |
| META Meta Platforms Inc. Class A | 0.34% | 1,429 | $837K | Add +0.6% |
| PECO Phillips Edison & Company Inc. | 0.34% | 22,310 | $836K | Reduce -0.8% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.32% | 27,361 | $799K | Reduce -22.6% |
| RSP Invesco S&P 500 Equal Weight | 0.32% | 4,512 | $791K | Reduce -71.5% |
| MSFT Microsoft Corp. | 0.31% | 1,804 | $760K | Add +4.8% |
| MCD McDonald's Corp. | 0.28% | 2,382 | $691K | Reduce -0.3% |
| SE Sea Ltd.-ADR | 0.28% | 6,500 | $690K | No change |
| ABBV Abbvie Inc. | 0.27% | 3,746 | $666K | Reduce -7.5% |
| EXR Extra Space Storage Inc. | 0.27% | 4,420 | $661K | Add +4.0% |
| XOM Exxon Mobil Corp. | 0.26% | 6,057 | $652K | Reduce -0.8% |
| BLK BlackRock Inc. | 0.26% | 623 | $639K | Add +5.8% |
| BX Blackstone Inc. | 0.25% | 3,563 | $614K | Reduce -1.7% |
| LMT Lockheed Martin Corp. | 0.24% | 1,203 | $585K | Add +0.3% |
| WELL Welltower Inc. | 0.23% | 4,540 | $572K | Add +1.3% |
| WMT Walmart Inc. | 0.22% | 6,021 | $544K | Add +1.6% |
| CDP Copt Defense Properties | 0.22% | 17,558 | $543K | Add +1.5% |
| COST Costco Wholesale Corp. | 0.21% | 579 | $531K | Add +1.2% |
| BAM Brookfield Asset Mgmt-A | 0.21% | 9,744 | $528K | Reduce -0.9% |
| DASH DoorDash Inc. Class A | 0.20% | 2,971 | $498K | Add +10.6% |
| LAMR Lamar Advertising Co. Class A | 0.20% | 4,060 | $494K | Add +2.0% |
| NNN NNN REIT Inc. | 0.20% | 12,096 | $494K | Add +1.9% |
| LLY Eli Lilly & Co. | 0.20% | 629 | $486K | Add +3.3% |
| ADC Agree Realty Corp. | 0.20% | 6,894 | $486K | Add +2.5% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.19% | 6,627 | $476K | Add +4.7% |
| HHH Howard Hughes Holdings Inc. | 0.19% | 6,103 | $469K | Add +6.3% |
| CAH Cardinal Health Inc. | 0.19% | 3,969 | $469K | Reduce -4.5% |
| VTR Ventas Inc. | 0.19% | 7,947 | $468K | Add +2.5% |
| PSMT Pricesmart Inc. | 0.19% | 5,000 | $461K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.18% | 1,555 | $451K | Add +0.3% |
| VEA Vanguard Ftse Developed ETF | 0.18% | 9,197 | $440K | Add +21.0% |
| ELS Equity Lifestyle Properties | 0.18% | 6,533 | $435K | Add +3.6% |
| CUBE Cubesmart | 0.17% | 10,044 | $430K | Add +4.5% |
| PLD Prologis Inc. | 0.17% | 3,973 | $420K | Add +6.0% |
| SCHX Schwab US Large-Cap ETF | 0.17% | 18,030 | $418K | No change |
| JBGS JBG Smith Properties | 0.17% | 27,030 | $415K | Add +3.2% |
| AFL Aflac Inc. | 0.16% | 3,939 | $407K | Add +0.3% |
| ABT Abbott Laboratories | 0.16% | 3,563 | $403K | Add +0.6% |
| CVX Chevron Corp. | 0.16% | 2,668 | $386K | Add +17.8% |
| JOE The St Joe Co. | 0.15% | 8,516 | $383K | Add +4.6% |
Portfolio Sells Q3 2024 → Q4 2024
| JMBS Janus Henderson Mortg Backed | Sold out | 0.00% | −1.35 |
| USFR Wisdomtree Floating Rate Tre | Reduce -10.8% | 12.53% | −0.89 |
| RSP Invesco S&P 500 Equal Weight | Reduce -71.5% | 0.32% | −0.78 |
| HD Home Depot Inc. | Reduce -5.9% | 12.42% | −0.73 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.35 |
| DIS The Walt Disney Co. | Reduce -79.6% | 0.10% | −0.30 |
| ORCL Oracle Corp. | Reduce -19.4% | 0.92% | −0.20 |
| PATK Patrick Industries Inc. | Sold out | 0.00% | −0.15 |
| LE Lands' End Inc. | Sold out | 0.00% | −0.14 |
| VICI Vici Properties Inc. | Reduce -22.6% | 0.32% | −0.13 |
| QNST Quinstreet Inc. | Sold out | 0.00% | −0.12 |
| CASH Pathward Financial Inc. | Sold out | 0.00% | −0.12 |
| MTH Meritage Homes Corp. | Sold out | 0.00% | −0.12 |
| UCB United Community Banks | Sold out | 0.00% | −0.11 |
| AX Axos Financial Inc. | Sold out | 0.00% | −0.11 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.11 |
| VRRM Verra Mobility Corp. | Sold out | 0.00% | −0.10 |
| VST Vistra Corp. | Sold out | 0.00% | −0.10 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.10 |
| SDY SS SPDR S&P Dividend ETF | Sold out | 0.00% | −0.10 |
| GDOT Green Dot Corp. Class A | Sold out | 0.00% | −0.10 |
| HURC Hurco Companies Inc. | Sold out | 0.00% | −0.10 |
| HAE Haemonetics Corp. | Sold out | 0.00% | −0.10 |
| PLAB Photronics Inc. | Sold out | 0.00% | −0.09 |
| AXP American Express Co. | Sold out | 0.00% | −0.09 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.09 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −0.09 |
| CMCO Columbus McKinnon Corp. | Sold out | 0.00% | −0.09 |
| EVI Evi Industries Inc. | Sold out | 0.00% | −0.08 |
| WTI W&T Offshore Inc. | Reduce -60.7% | 0.04% | −0.08 |
| BA The Boeing Co. | Reduce -31.4% | 0.40% | −0.08 |
| BSJO Invesco Bulletshares 2024 HY | Sold out | 0.00% | −0.08 |
| INMD Inmode Ltd. | Sold out | 0.00% | −0.08 |
| FONR Fonar Corp. | Sold out | 0.00% | −0.07 |
| AGG iShares Core U.S. Aggregate | Reduce -27.6% | 0.15% | −0.06 |
| LIONS GATE ENTMNT CORP | Sold out | 0.00% | −0.06 |
| ADEA Adeia Inc. | Reduce -55.9% | 0.07% | −0.06 |
| ABBV Abbvie Inc. | Reduce -7.5% | 0.27% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -9.8% | 0.44% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -3.1% | 0.13% | −0.02 |
| CRNC Cerence Inc. | Sold out | 0.00% | −0.01 |
| PANW Palo Alto Networks Inc. | Reduce -18.5% | 0.14% | −0.01 |
| FTI Technipfmc PLC | Reduce -25.0% | 0.09% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -0.8% | 0.26% | −0.01 |
| KDP Keurig Dr Pepper Inc. | Reduce -1.0% | 0.10% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.3% | 0.28% | −0.00 |
| HON Honeywell International Inc. | Reduce -9.1% | 0.08% | +0.00 |
| FSK FS KKR Capital Corp. | Reduce -4.6% | 0.10% | +0.01 |
| PAYX Paychex Inc. | Reduce -1.3% | 0.12% | +0.01 |
| PECO Phillips Edison & Company Inc. | Reduce -0.8% | 0.34% | +0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| FLOT iShares Floating Rate Bond E | Add +28.4% | 4.98% | +1.26 |
| TSLA Tesla Inc. | Add +3.1% | 1.80% | +0.72 |
| IBTI iShares Ibonds Dec 2028 Term | Add +36.7% | 1.97% | +0.55 |
| UBER Uber Technologies Inc. | Add +110.1% | 0.70% | +0.30 |
| AMAT Applied Materials Inc. | Add +82.7% | 0.71% | +0.25 |
| OXY Occidental Petroleum Corp. | Add +43.1% | 0.72% | +0.22 |
| IQV Iqvia Holdings Inc. | Add +50.8% | 0.90% | +0.21 |
| RH RH | Add +4.5% | 0.94% | +0.21 |
| OBDC Blue Owl Capital Corp. | Add +12.6% | 1.04% | +0.19 |
| BSCQ Invesco Bulletshares 2026 CB | Add +5.8% | 2.06% | +0.18 |
| ILMN Illumina Inc. | Add +23.9% | 0.74% | +0.18 |
| SCHW Schwab (charles) Corp. | Add +6.7% | 0.85% | +0.18 |
| BSCR Invesco Bulletshares 2027 CB | Add +5.7% | 2.06% | +0.17 |
| APG Api Group Corp. | Add +8.0% | 0.92% | +0.17 |
| CRM Salesforce Inc. | Add +7.1% | 0.60% | +0.16 |
| BSCS Invesco Bulletshares 2028 CB | Add +5.9% | 2.05% | +0.16 |
| FWONK Liberty Media Corp. Class C | Add +7.5% | 0.58% | +0.15 |
| MU Micron Technology Inc. | Add +53.9% | 0.62% | +0.15 |
| BN Brookfield Corp. | Add +4.5% | 0.94% | +0.14 |
| ROK Rockwell Automation Inc. | Add +7.1% | 0.84% | +0.13 |
| Z Zillow Group Inc. Class C | Add +6.7% | 0.59% | +0.13 |
| AAPL Apple Inc. | Add +1.0% | 1.09% | +0.13 |
| PFXF Vaneck Pref Sec X-Financials | Add +5.6% | 2.98% | +0.12 |
| AVGO Broadcom Inc. | New | 0.11% | +0.11 |
| SILA Sila Realty Trust Inc. | New | 0.10% | +0.10 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.10% | +0.10 |
| MS Morgan Stanley | Add +0.4% | 0.47% | +0.10 |
| NVDA Nvidia Corp. | Add +4.8% | 0.53% | +0.09 |
| STWD Starwood Property Trust Inc. | Add +11.7% | 1.13% | +0.09 |
| LH Labcorp Holdings Inc. | Add +9.0% | 0.61% | +0.09 |
| BMY Bristol-Myers Squibb Co. | New | 0.09% | +0.09 |
| BAX Baxter International Inc. | Add +56.7% | 0.39% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +1.0% | 0.38% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 0.34% | +0.06 |
| DBRG Digitalbridge Group Inc. | New | 0.05% | +0.05 |
| DASH DoorDash Inc. Class A | Add +10.6% | 0.20% | +0.05 |
| RPM RPM International Inc. | Add +5.4% | 0.48% | +0.05 |
| BLK BlackRock Inc. | Add +5.8% | 0.26% | +0.04 |
| AA Alcoa Corp. | Add +9.5% | 0.35% | +0.04 |
| WMT Walmart Inc. | Add +1.6% | 0.22% | +0.03 |
| SPG Simon Property Group Inc. | Add +0.8% | 0.48% | +0.03 |
| V Visa Inc. Class A | Add +7.7% | 0.13% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +14.6% | 0.11% | +0.03 |
| CVX Chevron Corp. | Add +17.8% | 0.16% | +0.03 |
| META Meta Platforms Inc. Class A | Add +0.6% | 0.34% | +0.02 |
| IR Ingersoll-Rand Inc. | Add +8.3% | 0.55% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +21.0% | 0.18% | +0.02 |
| MSFT Microsoft Corp. | Add +4.8% | 0.31% | +0.02 |
| A Agilent Technologies Inc. | Add +11.0% | 0.43% | +0.02 |
| EOSE Eos Energy Enterprises Inc. | New | 0.02% | +0.02 |
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 |