Castellan Group
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Castellan Group reported 59 stock positions worth $210.1 million. Its top holding was Microsoft (MSFT) at 4.3% of the portfolio, followed by Ftai Aviation (FTAI, 4.2%) and Modine Manufacturing (MOD, 3.5%). Compared with Q1 2024, it opened 10 new positions, sold out of 10, added to 33 and reduced 13. The biggest buy was a new position in Tenet Healthcare (THC) and the biggest sale an exit from Dream Finders Homes Class A (DFH).
- Most Recent 13F
- Q2 2026
- Location
- LOUISVILLE, KY
- CIK
- 0001832521
- Portfolio Value
- $210.1M (Q2 2024)
- SEC Filing
- 0001832521-24-000007 ↗ filed Aug 12, 2024
Holdings Value
Holdings 59 stocks · $210.1M
| MSFT Microsoft Corp. | 4.28% | 20,102 | $9.0M | Add +13.8% |
| FTAI Ftai Aviation Ltd. | 4.20% | 85,510 | $8.8M | Reduce -16.9% |
| MOD Modine Manufacturing Co. | 3.50% | 73,423 | $7.4M | Reduce -2.4% |
| MEDP Medpace Holdings Inc. | 3.30% | 16,821 | $6.9M | Add +4.8% |
| KLAC KLA Corp. | 3.16% | 8,040 | $6.6M | Add +3.2% |
| NVDA Nvidia Corp. | 3.05% | 51,830 | $6.4M | Reduce -23.6% |
| URI United Rentals Inc. | 2.92% | 9,491 | $6.1M | Add +4.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.89% | 42,471 | $6.1M | Add +5.4% |
| THC Tenet Healthcare Corp. | 2.84% | 44,903 | $6.0M | New |
| BKNG Booking Holdings Inc. | 2.80% | 1,486 | $5.9M | Add +5.2% |
| MCK McKesson Corp. | 2.73% | 9,809 | $5.7M | Add +6.3% |
| HALO Halozyme Therapeutics Inc. | 2.71% | 108,922 | $5.7M | New |
| GAP The Gap Inc. | 2.51% | 220,507 | $5.3M | New |
| KBH KB Home | 2.51% | 75,015 | $5.3M | New |
| VST Vistra Corp. | 2.47% | 60,434 | $5.2M | New |
| SMCI Super Micro Computer Inc. | 2.44% | 6,264 | $5.1M | Add +5.2% |
| CAT Caterpillar Inc. | 2.40% | 15,112 | $5.0M | Add +6.5% |
| NRG NRG Energy Inc. | 2.37% | 63,867 | $5.0M | Add +2.9% |
| MTH Meritage Homes Corp. | 2.35% | 30,465 | $4.9M | New |
| SM SM Energy Co. | 2.21% | 107,501 | $4.6M | New |
| GLTR Abrdn Precious Metals Basket | 1.99% | 40,562 | $4.2M | Reduce -5.1% |
| EXR Extra Space Storage Inc. | 1.88% | 25,375 | $3.9M | Add +12.3% |
| HESM Hess Midstream LP Class A | 1.87% | 107,698 | $3.9M | Add +12.1% |
| UDR Udr Inc. | 1.77% | 90,473 | $3.7M | Add +13.0% |
| NSA National Storage Affiliates | 1.76% | 89,623 | $3.7M | Add +13.5% |
| AMT American Tower Corp. | 1.60% | 17,241 | $3.4M | Add +14.2% |
| CWEN Clearway Energy Inc. Class C | 1.56% | 132,510 | $3.3M | Add +13.7% |
| DKL Delek Logistics Partners LP | 1.53% | 79,624 | $3.2M | Add +14.8% |
| ORCL Oracle Corp. | 1.47% | 21,906 | $3.1M | Reduce -1.9% |
| CCI Crown Castle Inc. | 1.45% | 31,245 | $3.1M | Add +15.2% |
| ADI Analog Devices Inc. | 1.41% | 13,003 | $3.0M | Add +4.1% |
| AVGO Broadcom Inc. | 1.41% | 1,848 | $3.0M | Reduce -12.3% |
| LMT Lockheed Martin Corp. | 1.40% | 6,312 | $2.9M | Add +15.9% |
| ELV Elevance Health Inc. | 1.40% | 5,415 | $2.9M | Add +4.1% |
| XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP | 1.40% | 106,084 | $2.9M | Add +14.7% |
| PG The Procter & Gamble Co. | 1.38% | 17,619 | $2.9M | New |
| HON Honeywell International Inc. | 1.37% | 13,495 | $2.9M | Add +3.7% |
| XLE SS Energy Select Sector | 1.32% | 30,400 | $2.8M | Add +89.8% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 1.26% | 2,939 | $2.7M | Reduce -0.5% |
| ETN Eaton Corp. PLC | 1.25% | 8,376 | $2.6M | Add +4.8% |
| AMP Ameriprise Financial Inc. | 1.24% | 6,116 | $2.6M | Add +5.3% |
| BR Broadridge Financial Solutio | 1.23% | 13,098 | $2.6M | Add +3.9% |
| SNA Snap-on Inc. | 1.19% | 9,531 | $2.5M | Add +10.1% |
| PH Parker Hannifin Corp. | 1.14% | 4,737 | $2.4M | Add +6.8% |
| ACN Accenture PLC Class A | 1.13% | 7,842 | $2.4M | Add +13.2% |
| BHP BHP Group Ltd.-Spon ADR | 0.67% | 24,485 | $1.4M | Add +24.2% |
| XOM Exxon Mobil Corp. | 0.66% | 12,115 | $1.4M | Reduce -8.6% |
| CVX Chevron Corp. | 0.65% | 8,760 | $1.4M | Reduce -2.6% |
| RIO Rio Tinto PLC-Spon ADR | 0.63% | 20,103 | $1.3M | Add +11.9% |
| LRN Stride Inc. | 0.51% | 15,060 | $1.1M | Add +3.4% |
| CLS Celestica Inc. | 0.46% | 17,015 | $975K | New |
| GOOGL Alphabet Inc. Class A | 0.46% | 5,290 | $964K | New |
| TNK Teekay Tankers Ltd. Class A | 0.38% | 11,605 | $799K | Reduce -21.6% |
| ACLS Axcelis Technologies Inc. | 0.32% | 4,700 | $668K | No change |
| LW Lamb Weston Holdings Inc. | 0.30% | 7,400 | $622K | No change |
| BMAR Innovator U.S. Equity Buffer | 0.28% | 13,798 | $596K | Reduce -25.0% |
| BLDR Builders Firstsource Inc. | 0.25% | 3,800 | $526K | Reduce -87.4% |
| BAPR Innovator U.S. Equity Buffer | 0.19% | 9,600 | $398K | Reduce -28.4% |
| AAPL Apple Inc. | 0.19% | 1,884 | $397K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| DFH Dream Finders Homes Inc. Class A | Sold out | 0.00% | −3.18 |
| BLDR Builders Firstsource Inc. | Reduce -87.4% | 0.25% | −2.98 |
| LECO Lincoln Electric Holdings | Sold out | 0.00% | −2.78 |
| MUSA Murphy USA Inc. | Sold out | 0.00% | −2.71 |
| ATKR Atkore Inc. | Sold out | 0.00% | −2.63 |
| RRR Red Rock Resorts Inc. Class A | Sold out | 0.00% | −2.60 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −2.00 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −1.34 |
| HES Hess Corp. | Sold out | 0.00% | −0.72 |
| GWW WW Grainger Inc. | Reduce -0.5% | 1.26% | −0.28 |
| PFEB Innovator U.S. Equity Power | Sold out | 0.00% | −0.17 |
| MOD Modine Manufacturing Co. | Reduce -2.4% | 3.50% | −0.16 |
| XOM Exxon Mobil Corp. | Reduce -8.6% | 0.66% | −0.12 |
| BMAR Innovator U.S. Equity Buffer | Reduce -25.0% | 0.28% | −0.11 |
| BFEB Innovator U.S. Equity Buffer | Sold out | 0.00% | −0.10 |
| GLTR Abrdn Precious Metals Basket | Reduce -5.1% | 1.99% | −0.10 |
| NVDA Nvidia Corp. | Reduce -23.6% | 3.05% | −0.09 |
| BAPR Innovator U.S. Equity Buffer | Reduce -28.4% | 0.19% | −0.09 |
| CVX Chevron Corp. | Reduce -2.6% | 0.65% | −0.07 |
| TNK Teekay Tankers Ltd. Class A | Reduce -21.6% | 0.38% | −0.06 |
| AVGO Broadcom Inc. | Reduce -12.3% | 1.41% | −0.02 |
| ORCL Oracle Corp. | Reduce -1.9% | 1.47% | +0.04 |
| FTAI Ftai Aviation Ltd. | Reduce -16.9% | 4.20% | +0.66 |
Portfolio Buys Q1 2024 → Q2 2024
| THC Tenet Healthcare Corp. | New | 2.84% | +2.84 |
| HALO Halozyme Therapeutics Inc. | New | 2.71% | +2.71 |
| GAP The Gap Inc. | New | 2.51% | +2.51 |
| KBH KB Home | New | 2.51% | +2.51 |
| VST Vistra Corp. | New | 2.47% | +2.47 |
| MTH Meritage Homes Corp. | New | 2.35% | +2.35 |
| SM SM Energy Co. | New | 2.21% | +2.21 |
| PG The Procter & Gamble Co. | New | 1.38% | +1.38 |
| XLE SS Energy Select Sector | Add +89.8% | 1.32% | +0.55 |
| MSFT Microsoft Corp. | Add +13.8% | 4.28% | +0.47 |
| CLS Celestica Inc. | New | 0.46% | +0.46 |
| GOOGL Alphabet Inc. Class A | New | 0.46% | +0.46 |
| KLAC KLA Corp. | Add +3.2% | 3.16% | +0.37 |
| UDR Udr Inc. | Add +13.0% | 1.77% | +0.24 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +5.4% | 2.89% | +0.24 |
| NRG NRG Energy Inc. | Add +2.9% | 2.37% | +0.22 |
| MCK McKesson Corp. | Add +6.3% | 2.73% | +0.19 |
| CWEN Clearway Energy Inc. Class C | Add +13.7% | 1.56% | +0.18 |
| BKNG Booking Holdings Inc. | Add +5.2% | 2.80% | +0.18 |
| EXR Extra Space Storage Inc. | Add +12.3% | 1.88% | +0.18 |
| NSA National Storage Affiliates | Add +13.5% | 1.76% | +0.18 |
| ADI Analog Devices Inc. | Add +4.1% | 1.41% | +0.15 |
| LMT Lockheed Martin Corp. | Add +15.9% | 1.40% | +0.14 |
| HESM Hess Midstream LP Class A | Add +12.1% | 1.87% | +0.09 |
| BHP BHP Group Ltd.-Spon ADR | Add +24.2% | 0.67% | +0.08 |
| DKL Delek Logistics Partners LP | Add +14.8% | 1.53% | +0.08 |
| AMT American Tower Corp. | Add +14.2% | 1.60% | +0.07 |
| RIO Rio Tinto PLC-Spon ADR | Add +11.9% | 0.63% | +0.04 |
| LRN Stride Inc. | Add +3.4% | 0.51% | +0.04 |
| ELV Elevance Health Inc. | Add +4.1% | 1.40% | +0.02 |
| HON Honeywell International Inc. | Add +3.7% | 1.37% | +0.00 |
| CCI Crown Castle Inc. | Add +15.2% | 1.45% | −0.02 |
| MEDP Medpace Holdings Inc. | Add +4.8% | 3.30% | −0.02 |
| XIFR XPLR Infrastructure LP | Add +14.7% | 1.40% | −0.03 |
| ETN Eaton Corp. PLC | Add +4.8% | 1.25% | −0.03 |
| AMP Ameriprise Financial Inc. | Add +5.3% | 1.24% | −0.06 |
| BR Broadridge Financial Solutio | Add +3.9% | 1.23% | −0.09 |
| ACN Accenture PLC Class A | Add +13.2% | 1.13% | −0.10 |
| PH Parker Hannifin Corp. | Add +6.8% | 1.14% | −0.12 |
| SNA Snap-on Inc. | Add +10.1% | 1.19% | −0.13 |
| CAT Caterpillar Inc. | Add +6.5% | 2.40% | −0.27 |
| URI United Rentals Inc. | Add +4.6% | 2.92% | −0.43 |
| SMCI Super Micro Computer Inc. | Add +5.2% | 2.44% | −0.64 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 39 | $910.0M | CTEF, CTIF, BOXX, CTRE, LXP |
| Q1 2026 | 34 | $722.6M | CTEF, CTIF, BOXX, CWEN, NEE |
| Q4 2025 | 57 | $792.7M | CTEF, CTIF, GOOG, BOXX, MSFT |
| Q3 2025 | 35 | $688.0M | CTEF, CTIF, GLTR, XLE, ES |
| Q2 2025Amended | 31 | $542.8M | CTEF, CTIF, XLE, GLTR, BOXX |
| Q1 2025 | 65 | $357.6M | HALO, MSFT, FTNT, IDCC, TSCO |
| Q4 2024 | 61 | $230.8M | APP, MSFT, TGTX, FTNT, NCLH |
| Q3 2024 | 59 | $237.2M | NRG, MSFT, APP, MOD, URI |
| Q2 2024 | 59 | $210.1M | MSFT, FTAI, MOD, MEDP, KLAC |
| Q1 2024 | 59 | $195.3M | MSFT, MOD, FTAI, URI, MEDP |