Dudley Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Dudley Capital Management, LLC reported 123 stock positions worth $187.2 million. Its top holding was Apple (AAPL) at 7.3% of the portfolio, followed by Microsoft (MSFT, 6.6%) and Nvidia (NVDA, 5.5%). Compared with Q4 2024, it opened 6 new positions, sold out of 10, added to 20 and reduced 61. The biggest buy was Kinder Morgan (KMI, shares +20%) and the biggest sale Nvidia (NVDA, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- Middleburg, VA
- CIK
- 0001965760
- Portfolio Value
- $187.2M (Q1 2025)
- SEC Filing
- 0001172661-25-001607 ↗ filed May 7, 2025
Holdings Value
Holdings 123 stocks · $187.2M
| AAPL Apple Inc. | 7.27% | 61,288 | $13.6M | Reduce -3.5% |
| MSFT Microsoft Corp. | 6.57% | 32,758 | $12.3M | Reduce -1.0% |
| NVDA Nvidia Corp. | 5.50% | 95,040 | $10.3M | Reduce -5.1% |
| JNJ Johnson & Johnson | 4.01% | 45,274 | $7.5M | Reduce -2.7% |
| CVX Chevron Corp. | 3.86% | 43,151 | $7.2M | Reduce -1.8% |
| JPM JPMorgan Chase & Co. | 3.26% | 24,851 | $6.1M | Reduce -0.3% |
| XOM Exxon Mobil Corp. | 2.84% | 44,647 | $5.3M | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.83% | 9,938 | $5.3M | Reduce -4.1% |
| GOOGL Alphabet Inc. Class A | 2.78% | 33,614 | $5.2M | Add +0.7% |
| ABBV Abbvie Inc. | 2.51% | 22,436 | $4.7M | Reduce -2.7% |
| HD Home Depot Inc. | 1.95% | 9,945 | $3.6M | No change |
| MA Mastercard Inc. Class A | 1.74% | 5,950 | $3.3M | Reduce -2.5% |
| BX Blackstone Inc. | 1.71% | 22,878 | $3.2M | Reduce -6.3% |
| AMZN Amazon.com Inc. | 1.59% | 15,633 | $3.0M | Reduce -1.6% |
| V Visa Inc. Class A | 1.58% | 8,442 | $3.0M | No change |
| CSCO Cisco Systems Inc. | 1.53% | 46,419 | $2.9M | Reduce -0.1% |
| KO The Coca-Cola Co. | 1.50% | 39,096 | $2.8M | Reduce -2.5% |
| WMT Walmart Inc. | 1.48% | 31,488 | $2.8M | Reduce -2.2% |
| WMB Williams Cos Inc. | 1.39% | 43,628 | $2.6M | Add +4.4% |
| GOOG Alphabet Inc. Class C | 1.37% | 16,370 | $2.6M | Reduce -1.6% |
| AVGO Broadcom Inc. | 1.36% | 15,196 | $2.5M | Add +25.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.32% | 6,992 | $2.5M | Reduce -6.2% |
| NOC Northrop Grumman Corp. | 1.29% | 4,722 | $2.4M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.22% | 9,212 | $2.3M | Reduce -6.1% |
| COST Costco Wholesale Corp. | 1.20% | 2,378 | $2.2M | Reduce -1.9% |
| PM Philip Morris International | 1.18% | 13,962 | $2.2M | Reduce -3.8% |
| AMT American Tower Corp. | 1.12% | 9,633 | $2.1M | Reduce -3.3% |
| IJR iShares Core S&P Small-Cap E | 1.10% | 19,634 | $2.1M | Add +8.6% |
| GPC Genuine Parts Co. | 1.04% | 16,414 | $2.0M | No change |
| KMI Kinder Morgan Inc. | 1.01% | 66,424 | $1.9M | Add +20.4% |
| PFE Pfizer Inc. | 0.97% | 71,299 | $1.8M | Add +28.4% |
| OKE Oneok Inc. | 0.94% | 17,727 | $1.8M | Reduce -3.4% |
| BMY Bristol-Myers Squibb Co. | 0.92% | 28,122 | $1.7M | No change |
| TSLA Tesla Inc. | 0.92% | 6,610 | $1.7M | Reduce -21.7% |
| MRK Merck & Co. Inc. | 0.91% | 19,069 | $1.7M | Reduce -0.3% |
| META Meta Platforms Inc. Class A | 0.91% | 2,961 | $1.7M | Reduce -7.8% |
| QCOM Qualcomm Inc. | 0.78% | 9,487 | $1.5M | Reduce -6.1% |
| BOND PIMCO Active Bond Exchange-T | 0.77% | 15,510 | $1.4M | No change |
| NFLX Netflix Inc. | 0.75% | 1,503 | $1.4M | Reduce -5.3% |
| RTX RTX Corp. | 0.75% | 10,532 | $1.4M | Reduce -0.7% |
| PEP Pepsico Inc. | 0.74% | 9,247 | $1.4M | Reduce -1.3% |
| GE General Electric filed as GE AEROSPACE | 0.70% | 6,541 | $1.3M | Reduce -3.1% |
| LLY Eli Lilly & Co. | 0.65% | 1,466 | $1.2M | Reduce -3.0% |
| PG The Procter & Gamble Co. | 0.62% | 6,814 | $1.2M | No change |
| CRM Salesforce Inc. | 0.60% | 4,188 | $1.1M | Reduce -1.8% |
| MO Altria Group Inc. | 0.59% | 18,350 | $1.1M | Reduce -2.0% |
| VZ Verizon Communications Inc. | 0.58% | 23,851 | $1.1M | Reduce -12.2% |
| GD General Dynamics Corp. | 0.55% | 3,789 | $1.0M | No change |
| TOTL SS Doubleline TR Tact ETF | 0.52% | 24,010 | $967K | Reduce -1.0% |
| AUB Atlantic Union Bankshares Co. | 0.50% | 30,071 | $936K | No change |
| WELL Welltower Inc. | 0.49% | 6,025 | $923K | Reduce -0.8% |
| ARES Ares Management Corp. Class A | 0.49% | 6,200 | $909K | No change |
| MDT Medtronic PLC | 0.48% | 9,942 | $893K | Reduce -6.5% |
| OBDC Blue Owl Capital Corp. | 0.47% | 59,970 | $879K | Reduce -4.5% |
| VOO Vanguard S&P 500 ETF | 0.47% | 1,695 | $871K | Add +0.8% |
| ADP Automatic Data Processing | 0.46% | 2,821 | $862K | Reduce -3.4% |
| UNP Union Pacific Corp. | 0.46% | 3,645 | $861K | No change |
| SBUX Starbucks Corp. | 0.44% | 8,403 | $824K | Reduce -5.2% |
| RSP Invesco S&P 500 Equal Weight | 0.43% | 4,641 | $804K | Add +50.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.41% | 10,253 | $776K | Reduce -3.3% |
| ALL Allstate Corp. | 0.41% | 3,695 | $765K | No change |
| HON Honeywell International Inc. | 0.40% | 3,555 | $753K | Reduce -2.7% |
| TRGP Targa Resources Corp. | 0.39% | 3,600 | $722K | No change |
| CAT Caterpillar Inc. | 0.37% | 2,083 | $687K | Reduce -3.4% |
| TFC Truist Financial Corp. | 0.36% | 16,328 | $672K | No change |
| NEM Newmont Corp. | 0.36% | 13,878 | $670K | Reduce -0.9% |
| WPC WP Carey Inc. | 0.34% | 10,050 | $634K | Reduce -6.9% |
| T AT&T Inc. | 0.34% | 22,352 | $632K | Reduce -3.9% |
| NCDL Nuveen Churchill Direct Lend | 0.31% | 33,862 | $575K | Add +5.2% |
| JPST JPMorgan Ultra-Short Income | 0.29% | 10,714 | $542K | Add +7.0% |
| TMO Thermo Fisher Scientific Inc. | 0.29% | 1,084 | $539K | No change |
| CL Colgate-Palmolive Co. | 0.28% | 5,501 | $515K | No change |
| HDV iShares Core High Dividend E | 0.27% | 4,096 | $496K | Add +92.1% |
| SPGI S&P Global Inc. | 0.24% | 896 | $455K | Reduce -3.2% |
| ETN Eaton Corp. PLC | 0.24% | 1,624 | $441K | No change |
| VABK Virginia National Bankshares | 0.22% | 11,650 | $420K | No change |
| NEE Nextera Energy Inc. | 0.22% | 5,818 | $412K | Reduce -4.9% |
| APO Apollo Global Management Inc. | 0.22% | 3,000 | $411K | No change |
| KKR KKR & Co. Inc. | 0.21% | 3,400 | $393K | Add +9.8% |
| NSC Norfolk Southern Corp. | 0.21% | 1,655 | $392K | No change |
| FBND Fidelity Total Bond ETF | 0.21% | 8,490 | $388K | Reduce -0.4% |
| PPG PPG Industries Inc. | 0.20% | 3,400 | $372K | No change |
| ORCL Oracle Corp. | 0.20% | 2,659 | $372K | Add +23.2% |
| FBTC Fidelity Wise Origin Bitcoin | 0.20% | 5,132 | $369K | New |
| PLTR Palantir Technologies Inc. Class A | 0.19% | 4,275 | $361K | Reduce -29.1% |
| ANET Arista Networks Inc. | 0.19% | 4,588 | $355K | Add +41.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 626 | $350K | Reduce -1.4% |
| MCD McDonald's Corp. | 0.18% | 1,104 | $345K | Reduce -0.4% |
| UBER Uber Technologies Inc. | 0.18% | 4,617 | $336K | Add +1.6% |
| O Realty Income Corp. | 0.18% | 5,704 | $331K | Add +0.9% |
| DOW Dow Inc. | 0.17% | 8,958 | $313K | Reduce -3.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.16% | 5,750 | $301K | New |
| GEV GE Vernova Inc. | 0.16% | 984 | $300K | No change |
| TDG Transdigm Group Inc. | 0.16% | 213 | $295K | Reduce -7.4% |
| BXP BXP Inc. | 0.15% | 4,200 | $282K | No change |
| TPL Texas Pacific Land Corp. | 0.15% | 212 | $281K | No change |
| JEPI JPMorgan Equity Premium Inco | 0.15% | 4,915 | $281K | Add +24.0% |
| AMGN Amgen Inc. | 0.15% | 898 | $280K | Reduce -17.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.15% | 2,770 | $273K | Reduce -11.9% |
| CHDN Churchill Downs Inc. | 0.15% | 2,460 | $273K | No change |
Options reported separately and not counted above: COST calls ($2.2M), TSM calls ($315K), BAH calls ($220K), TREX calls ($209K), AMZN calls ($190K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $598K (not counted above)
Total filed on the 13F, all lines: $187.8M.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -5.1% | 5.50% | −1.38 |
| AAPL Apple Inc. | Reduce -3.5% | 7.27% | −0.87 |
| TSLA Tesla Inc. | Reduce -21.7% | 0.92% | −0.83 |
| MSFT Microsoft Corp. | Reduce -1.0% | 6.57% | −0.57 |
| BX Blackstone Inc. | Reduce -6.3% | 1.71% | −0.45 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.36 |
| GOOG Alphabet Inc. Class C | Reduce -1.6% | 1.37% | −0.26 |
| XYZ Block Inc. | Sold out | 0.00% | −0.24 |
| AMZN Amazon.com Inc. | Reduce -1.6% | 1.59% | −0.20 |
| CRM Salesforce Inc. | Reduce -1.8% | 0.60% | −0.13 |
| NPV Nuveen Va QLTY Muni Inc. | Sold out | 0.00% | −0.13 |
| OWL Blue Owl Capital Inc. | Sold out | 0.00% | −0.11 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.11 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.10 |
| ABR Arbor Realty Trust Inc. | Sold out | 0.00% | −0.07 |
| AGNC AGNC Investment Corp. | Sold out | 0.00% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -0.3% | 0.91% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -7.8% | 0.91% | −0.05 |
| PLTR Palantir Technologies Inc. Class A | Reduce -29.1% | 0.19% | −0.04 |
| BAH Booz Allen Hamilton Holdings | Reduce -8.5% | 0.13% | −0.04 |
| CAT Caterpillar Inc. | Reduce -3.4% | 0.37% | −0.03 |
| DIS The Walt Disney Co. | Reduce -11.9% | 0.15% | −0.03 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.03 |
| CDNS Cadence Design SYS Inc. | Reduce -4.2% | 0.14% | −0.03 |
| DOW Dow Inc. | Reduce -3.0% | 0.17% | −0.02 |
| HON Honeywell International Inc. | Reduce -2.7% | 0.40% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -6.1% | 0.78% | −0.02 |
| OBDC Blue Owl Capital Corp. | Reduce -4.5% | 0.47% | −0.02 |
| QSI Quantum-Si Inc. | Sold out | 0.00% | −0.02 |
| WMT Walmart Inc. | Reduce -2.2% | 1.48% | −0.01 |
| UPS United Parcel Service Class B | Reduce -0.9% | 0.11% | −0.01 |
| D Dominion Energy Inc. | Reduce -15.1% | 0.11% | −0.01 |
| TLRY Tilray Brands Inc. | Reduce -31.0% | 0.01% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -4.9% | 0.22% | −0.00 |
| OKE Oneok Inc. | Reduce -3.4% | 0.94% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.4% | 0.19% | −0.00 |
| AMGN Amgen Inc. | Reduce -17.2% | 0.15% | +0.00 |
| SPGI S&P Global Inc. | Reduce -3.2% | 0.24% | +0.01 |
| TDG Transdigm Group Inc. | Reduce -7.4% | 0.16% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -6.2% | 1.32% | +0.01 |
| PEP Pepsico Inc. | Reduce -1.3% | 0.74% | +0.01 |
| FBND Fidelity Total Bond ETF | Reduce -0.4% | 0.21% | +0.01 |
| MCD McDonald's Corp. | Reduce -0.4% | 0.18% | +0.02 |
| VZ Verizon Communications Inc. | Reduce -12.2% | 0.58% | +0.02 |
| ADP Automatic Data Processing | Reduce -3.4% | 0.46% | +0.02 |
| NFLX Netflix Inc. | Reduce -5.3% | 0.75% | +0.02 |
| SBUX Starbucks Corp. | Reduce -5.2% | 0.44% | +0.03 |
| TOTL SS Doubleline TR Tact ETF | Reduce -1.0% | 0.52% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -3.3% | 0.41% | +0.03 |
| WPC WP Carey Inc. | Reduce -6.9% | 0.34% | +0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| KMI Kinder Morgan Inc. | Add +20.4% | 1.01% | +0.24 |
| WMB Williams Cos Inc. | Add +4.4% | 1.39% | +0.23 |
| PFE Pfizer Inc. | Add +28.4% | 0.97% | +0.21 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.20% | +0.20 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 0.16% | +0.16 |
| RSP Invesco S&P 500 Equal Weight | Add +50.5% | 0.43% | +0.15 |
| HDV iShares Core High Dividend E | Add +92.1% | 0.27% | +0.14 |
| VRT Vertiv Holdings Co. Class A | New | 0.13% | +0.13 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.12% | +0.12 |
| UBER Uber Technologies Inc. | Add +1.6% | 0.18% | +0.04 |
| JEPI JPMorgan Equity Premium Inco | Add +24.0% | 0.15% | +0.03 |
| JPST JPMorgan Ultra-Short Income | Add +7.0% | 0.29% | +0.03 |
| NCDL Nuveen Churchill Direct Lend | Add +5.2% | 0.31% | +0.03 |
| IJR iShares Core S&P Small-Cap E | Add +8.6% | 1.10% | +0.03 |
| O Realty Income Corp. | Add +0.9% | 0.18% | +0.02 |
| ORCL Oracle Corp. | Add +23.2% | 0.20% | +0.01 |
| RZLV Rezolve AI PLC | New | 0.01% | +0.01 |
| TREX Trex Company Inc. | New | 0.01% | +0.01 |
| ANET Arista Networks Inc. | Add +41.3% | 0.19% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +18.8% | 0.10% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.8% | 0.47% | +0.00 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +0.7% | 0.09% | +0.00 |
| KKR KKR & Co. Inc. | Add +9.8% | 0.21% | −0.02 |
| CRDO Credo Technology Group Holdi | Add +19.7% | 0.12% | −0.04 |
| AVGO Broadcom Inc. | Add +25.9% | 1.36% | −0.07 |
| GOOGL Alphabet Inc. Class A | Add +0.7% | 2.78% | −0.46 |
Options Activity Q4 2024 → Q1 2025
| COST Costco Wholesale Corp. | call | Add +15.0% | 2,300 | $2.2M |
| PLTR Palantir Technologies Inc. Class A | put | Sold out | 11,000 | $832Kbefore exit |
| TSM Taiwan Semiconductor-SP ADR | call | Add +216.7% | 1,900 | $315K |
| DELL Dell Technologies -C | call | Sold out | 2,300 | $265Kbefore exit |
| BAH Booz Allen Hamilton Holdings | call | Add +23.5% | 2,100 | $220K |
| TREX Trex Company Inc. | call | New | 3,600 | $209K |
| AMZN Amazon.com Inc. | call | New | 1,000 | $190K |
| NVDA Nvidia Corp. | call | Sold out | 200 | $27Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | IBONDS 27 ETF · principal | New | 13,150 | $318K |
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | New | 11,550 | $280K |
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 | 145 | $247.7M | AAPL, NVDA, MSFT, GOOGL, JNJ |
| Q1 2026 | 139 | $226.7M | AAPL, NVDA, MSFT, JNJ, GOOGL |
| Q4 2025 | 129 | $228.0M | AAPL, MSFT, NVDA, GOOGL, JNJ |
| Q3 2025 | 130 | $221.6M | MSFT, AAPL, NVDA, JNJ, JPM |
| Q2 2025 | 124 | $199.4M | MSFT, NVDA, AAPL, JPM, JNJ |
| Q1 2025 | 123 | $187.2M | AAPL, MSFT, NVDA, JNJ, CVX |
| Q4 2024 | 127 | $195.2M | AAPL, MSFT, NVDA, JNJ, CVX |
| Q3 2024 | 126 | $191.0M | AAPL, MSFT, NVDA, JNJ, CVX |
| Q2 2024 | 115 | $178.6M | MSFT, AAPL, NVDA, JNJ, CVX |
| Q1 2024 | 115 | $171.3M | MSFT, AAPL, NVDA, JNJ, CVX |