Dudley Capital Management, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Dudley Capital Management, LLC reported 124 stock positions worth $199.4 million. Its top holding was Microsoft (MSFT) at 8.1% of the portfolio, followed by Nvidia (NVDA, 6.2%) and Apple (AAPL, 6.1%). Compared with Q1 2025, it opened 8 new positions, sold out of 7, added to 33 and reduced 47. The biggest buy was Broadcom (AVGO, shares +2%) and the biggest sale Apple (AAPL, shares −3%).

Most Recent 13F
Q2 2026
Location
Middleburg, VA
CIK
0001965760
Portfolio Value
$199.4M (Q2 2025)
SEC Filing
0001172661-25-002807 ↗ filed Jul 30, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $171.3M Q1 2024 Q2 2024: $178.6M Q2 2024 Q3 2024: $191.0M Q3 2024 Q4 2024: $195.2M Q4 2024 Q1 2025: $187.2M Q1 2025 Q2 2025: $199.4M $199.4M Q2 2025 Q3 2025: $221.6M Q3 2025 Q4 2025: $228.0M Q4 2025 Q1 2026: $226.7M Q1 2026 Q2 2026: $247.7M Q2 2026

Holdings 124 stocks · $199.4M
MSFT Microsoft Corp. 8.13% 32,615 $16.2M Reduce -0.4%
NVDA Nvidia Corp. 6.19% 78,160 $12.3M Reduce -17.8%
AAPL Apple Inc. 6.10% 59,269 $12.2M Reduce -3.3%
JPM JPMorgan Chase & Co. 3.61% 24,831 $7.2M Reduce -0.1%
JNJ Johnson & Johnson 3.47% 45,342 $6.9M Add +0.1%
CVX Chevron Corp. 3.09% 43,065 $6.2M Reduce -0.2%
GOOGL Alphabet Inc. Class A 2.80% 31,658 $5.6M Reduce -5.8%
BRK.B Berkshire Hathaway Inc. Class B 2.58% 10,591 $5.1M Add +6.6%
XOM Exxon Mobil Corp. 2.42% 44,800 $4.8M Add +0.3%
AVGO Broadcom Inc. 2.15% 15,571 $4.3M Add +2.5%
ABBV Abbvie Inc. 2.08% 22,377 $4.2M Reduce -0.3%
HD Home Depot Inc. 1.83% 9,945 $3.6M No change
CRWD CrowdStrike Holdings Inc. Class A 1.80% 7,052 $3.6M Add +0.9%
AMZN Amazon.com Inc. 1.76% 15,989 $3.5M Add +2.3%
MA Mastercard Inc. Class A 1.68% 5,950 $3.3M No change
BX Blackstone Inc. 1.63% 21,797 $3.3M Reduce -4.7%
CSCO Cisco Systems Inc. 1.62% 46,555 $3.2M Add +0.3%
WMT Walmart Inc. 1.60% 32,629 $3.2M Add +3.6%
V Visa Inc. Class A 1.50% 8,442 $3.0M No change
GOOG Alphabet Inc. Class C 1.44% 16,245 $2.9M Reduce -0.8%
KO The Coca-Cola Co. 1.40% 39,383 $2.8M Add +0.7%
WMB Williams Cos Inc. 1.38% 43,838 $2.8M Add +0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.35% 9,144 $2.7M Reduce -0.7%
PM Philip Morris International 1.27% 13,865 $2.5M Reduce -0.7%
NOC Northrop Grumman Corp. 1.18% 4,722 $2.4M No change
COST Costco Wholesale Corp. 1.18% 2,382 $2.4M Add +0.2%
META Meta Platforms Inc. Class A 1.08% 2,927 $2.2M Reduce -1.1%
TSLA Tesla Inc. 1.07% 6,725 $2.1M Add +1.7%
AMT American Tower Corp. 1.06% 9,530 $2.1M Reduce -1.1%
NFLX Netflix Inc. 1.04% 1,542 $2.1M Add +2.6%
GPC Genuine Parts Co. 1.00% 16,414 $2.0M No change
KMI Kinder Morgan Inc. 0.98% 66,553 $2.0M Add +0.2%
PFE Pfizer Inc. 0.86% 71,084 $1.7M Reduce -0.3%
GE General Electric filed as GE AEROSPACE 0.81% 6,310 $1.6M Reduce -3.5%
RTX RTX Corp. 0.77% 10,513 $1.5M Reduce -0.2%
MRK Merck & Co. Inc. 0.74% 18,758 $1.5M Reduce -1.6%
QCOM Qualcomm Inc. 0.74% 9,290 $1.5M Reduce -2.1%
OKE Oneok Inc. 0.73% 17,818 $1.5M Add +0.5%
BOND PIMCO Active Bond Exchange-T 0.72% 15,510 $1.4M No change
VZ Verizon Communications Inc. 0.66% 30,451 $1.3M Add +27.7%
BMY Bristol-Myers Squibb Co. 0.65% 28,122 $1.3M No change
PEP Pepsico Inc. 0.59% 8,979 $1.2M Reduce -2.9%
CRM Salesforce Inc. 0.57% 4,165 $1.1M Reduce -0.6%
LLY Eli Lilly & Co. 0.56% 1,445 $1.1M Reduce -1.4%
GD General Dynamics Corp. 0.55% 3,789 $1.1M No change
MO Altria Group Inc. 0.55% 18,770 $1.1M Add +2.3%
PG The Procter & Gamble Co. 0.54% 6,814 $1.1M No change
ARES Ares Management Corp. Class A 0.54% 6,200 $1.1M No change
VOO Vanguard S&P 500 ETF 0.48% 1,696 $963K Add +0.1%
TOTL SS Doubleline TR Tact ETF 0.48% 24,010 $963K No change
NOW ServiceNow Inc. 0.47% 916 $942K New
WELL Welltower Inc. 0.46% 6,025 $926K No change
AUB Atlantic Union Bankshares Co. 0.46% 29,321 $917K Reduce -2.5%
MDT Medtronic PLC 0.44% 10,131 $883K Add +1.9%
OBDC Blue Owl Capital Corp. 0.43% 59,770 $857K Reduce -0.3%
ADP Automatic Data Processing 0.42% 2,746 $847K Reduce -2.7%
UNP Union Pacific Corp. 0.42% 3,645 $839K No change
HON Honeywell International Inc. 0.41% 3,545 $826K Reduce -0.3%
IEFA iShares Core MSCI Eafe ETF 0.41% 9,723 $812K Reduce -5.2%
NEM Newmont Corp. 0.40% 13,829 $806K Reduce -0.3%
CAT Caterpillar Inc. 0.40% 2,069 $803K Reduce -0.7%
FBTC Fidelity Wise Origin Bitcoin 0.40% 8,478 $797K Add +65.2%
SBUX Starbucks Corp. 0.38% 8,325 $763K Reduce -0.9%
ALL Allstate Corp. 0.37% 3,695 $744K No change
RSP Invesco S&P 500 Equal Weight 0.37% 4,043 $735K Reduce -12.9%
TFC Truist Financial Corp. 0.35% 16,328 $702K No change
JPST JPMorgan Ultra-Short Income 0.34% 13,536 $686K Add +26.3%
HDV iShares Core High Dividend E 0.34% 5,836 $684K Add +42.5%
T AT&T Inc. 0.33% 22,852 $661K Add +2.2%
WPC WP Carey Inc. 0.32% 10,175 $635K Add +1.2%
TRGP Targa Resources Corp. 0.31% 3,600 $627K No change
ORCL Oracle Corp. 0.31% 2,859 $625K Add +7.5%
ETN Eaton Corp. PLC 0.28% 1,549 $553K Reduce -4.6%
NCDL Nuveen Churchill Direct Lend 0.27% 33,062 $535K Reduce -2.4%
PLTR Palantir Technologies Inc. Class A 0.26% 3,825 $521K Reduce -10.5%
GEV GE Vernova Inc. 0.26% 977 $517K Reduce -0.7%
CL Colgate-Palmolive Co. 0.25% 5,501 $500K No change
CRDO Credo Technology Group Holdi 0.24% 5,260 $487K Reduce -3.7%
KKR KKR & Co. Inc. 0.24% 3,570 $475K Add +5.0%
UBER Uber Technologies Inc. 0.23% 4,962 $463K Add +7.5%
LTBR Lightbridge Corp. 0.23% 34,166 $457K No change
ANET Arista Networks Inc. 0.23% 4,438 $454K Reduce -3.3%
SPGI S&P Global Inc. 0.22% 843 $445K Reduce -5.9%
TMO Thermo Fisher Scientific Inc. 0.22% 1,084 $439K No change
VABK Virginia National Bankshares 0.22% 11,650 $431K No change
VRT Vertiv Holdings Co. Class A 0.22% 3,345 $430K Reduce -2.2%
APO Apollo Global Management Inc. 0.21% 3,000 $426K No change
NEE Nextera Energy Inc. 0.20% 5,818 $404K No change
PPG PPG Industries Inc. 0.19% 3,400 $387K No change
FBND Fidelity Total Bond ETF 0.19% 8,390 $384K Reduce -1.2%
NSC Norfolk Southern Corp. 0.19% 1,477 $378K Reduce -10.8%
IBDS Ishrs Ibnds Dec 27 Corp. ETF 0.19% 15,425 $374K New
BINC iShares Flex I A ETF-Usd Inc. 0.19% 7,075 $374K Add +23.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.19% 601 $371K Reduce -4.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.17% 2,798 $347K Add +1.0%
IBDR iShares Ibonds Dec 2026 Term 0.17% 14,225 $345K New
AMGN Amgen Inc. 0.17% 1,233 $344K Add +37.3%
O Realty Income Corp. 0.16% 5,662 $326K Reduce -0.7%
CDNS Cadence Design SYS Inc. 0.16% 1,017 $313K No change
GBTC Grayscale Bitcoin Trust ETF 0.16% 3,647 $309K No change
MCD McDonald's Corp. 0.15% 1,029 $301K Reduce -6.8%
APP AppLovin Corp. Class A 0.15% 855 $299K New
JEPI JPMorgan Equity Premium Inco 0.14% 4,865 $277K Reduce -1.0%
PANW Palo Alto Networks Inc. 0.14% 1,330 $272K No change
CLS Celestica Inc. 0.13% 1,700 $265K New
TSM Taiwan Semiconductor-SP ADR 0.13% 1,139 $258K No change
IJR iShares Core S&P Small-Cap E 0.13% 2,314 $253K Reduce -88.2%
DVY iShares Select Dividend ETF 0.13% 1,900 $252K No change
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.12% 4,325 $235K Reduce -1.1%
BAH Booz Allen Hamilton Holdings 0.12% 2,239 $233K Reduce -2.8%
D Dominion Energy Inc. 0.12% 4,088 $231K Add +7.9%
APD Air Products & Chemicals Inc. 0.11% 800 $226K No change
TPL Texas Pacific Land Corp. 0.11% 212 $224K No change
MRSH Marsh & McLennan Cos 0.11% 1,010 $221K No change
ET Energy Transfer LP 0.11% 11,887 $216K No change
VWO Vanguard Ftse Emerging Marke 0.11% 4,257 $211K New
NVDL Granitesh 2X LNG Nvda ETF 0.10% 2,900 $204K New
XEVVX Eaton Vance Ltd. Durat Inc. 0.09% 18,133 $186K No change
XETYX Eaton Vance Tax-MGD Div Eqty 0.09% 11,986 $185K Add +0.8%
KRP Kimbell Royalty Partners LP 0.07% 10,000 $140K No change
HIO Western Asset Hi Inc. Opport 0.06% 31,100 $124K No change
RZLV Rezolve AI PLC 0.02% 13,500 $42K Add +17.4%
AMD Advanced Micro Devices 0.01% 208 $30K New
TLRY Tilray Brands Inc. 0.00% 15,000 $6K No change

Options reported separately and not counted above: TSM calls ($272K), AMZN calls ($219K), AMD calls ($213K), PFE calls ($97K), PLTR puts ($68K).

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -3.3% 6.10% −1.18
IJR iShares Core S&P Small-Cap E Reduce -88.2% 0.13% −0.97
CVX Chevron Corp. Reduce -0.2% 3.09% −0.76
ABBV Abbvie Inc. Reduce -0.3% 2.08% −0.43
MRK Merck & Co. Inc. Reduce -1.6% 0.74% −0.17
DOW Dow Inc. Sold out 0.00% −0.17
TDG Transdigm Group Inc. Sold out 0.00% −0.16
BXP BXP Inc. Sold out 0.00% −0.15
PEP Pepsico Inc. Reduce -2.9% 0.59% −0.15
CHDN Churchill Downs Inc. Sold out 0.00% −0.15
UPS United Parcel Service Class B Sold out 0.00% −0.11
PFE Pfizer Inc. Reduce -0.3% 0.86% −0.10
LLY Eli Lilly & Co. Reduce -1.4% 0.56% −0.08
BX Blackstone Inc. Reduce -4.7% 1.63% −0.07
AMT American Tower Corp. Reduce -1.1% 1.06% −0.06
RSP Invesco S&P 500 Equal Weight Reduce -12.9% 0.37% −0.06
PSEC Prospect Capital Corp. Sold out 0.00% −0.06
SBUX Starbucks Corp. Reduce -0.9% 0.38% −0.06
AUB Atlantic Union Bankshares Co. Reduce -2.5% 0.46% −0.04
OBDC Blue Owl Capital Corp. Reduce -0.3% 0.43% −0.04
NCDL Nuveen Churchill Direct Lend Reduce -2.4% 0.27% −0.04
QCOM Qualcomm Inc. Reduce -2.1% 0.74% −0.04
ADP Automatic Data Processing Reduce -2.7% 0.42% −0.04
MCD McDonald's Corp. Reduce -6.8% 0.15% −0.03
CRM Salesforce Inc. Reduce -0.6% 0.57% −0.03
SPGI S&P Global Inc. Reduce -5.9% 0.22% −0.02
NSC Norfolk Southern Corp. Reduce -10.8% 0.19% −0.02
FBND Fidelity Total Bond ETF Reduce -1.2% 0.19% −0.01
O Realty Income Corp. Reduce -0.7% 0.16% −0.01
BAH Booz Allen Hamilton Holdings Reduce -2.8% 0.12% −0.01
JEPI JPMorgan Equity Premium Inco Reduce -1.0% 0.14% −0.01
IEFA iShares Core MSCI Eafe ETF Reduce -5.2% 0.41% −0.01
TREX Trex Company Inc. Sold out 0.00% −0.01
JEPQ JPM Nasdaq Equity Premium Reduce -1.1% 0.12% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -4.0% 0.19% −0.00
HON Honeywell International Inc. Reduce -0.3% 0.41% +0.01
GOOGL Alphabet Inc. Class A Reduce -5.8% 2.80% +0.02
RTX RTX Corp. Reduce -0.2% 0.77% +0.02
CAT Caterpillar Inc. Reduce -0.7% 0.40% +0.04
ANET Arista Networks Inc. Reduce -3.3% 0.23% +0.04
ETN Eaton Corp. PLC Reduce -4.6% 0.28% +0.04
NEM Newmont Corp. Reduce -0.3% 0.40% +0.05
PLTR Palantir Technologies Inc. Class A Reduce -10.5% 0.26% +0.07
GOOG Alphabet Inc. Class C Reduce -0.8% 1.44% +0.08
PM Philip Morris International Reduce -0.7% 1.27% +0.08
VRT Vertiv Holdings Co. Class A Reduce -2.2% 0.22% +0.08
GEV GE Vernova Inc. Reduce -0.7% 0.26% +0.10
GE General Electric Reduce -3.5% 0.81% +0.12
CRDO Credo Technology Group Holdi Reduce -3.7% 0.24% +0.13
IBM Intl Business Machines Corp. Reduce -0.7% 1.35% +0.13

Portfolio Buys Q1 2025 → Q2 2025
AVGO Broadcom Inc. Add +2.5% 2.15% +0.79
CRWD CrowdStrike Holdings Inc. Class A Add +0.9% 1.80% +0.48
NOW ServiceNow Inc. New 0.47% +0.47
NFLX Netflix Inc. Add +2.6% 1.04% +0.29
FBTC Fidelity Wise Origin Bitcoin Add +65.2% 0.40% +0.20
IBDS Ishrs Ibnds Dec 27 Corp. ETF New 0.19% +0.19
IBDR iShares Ibonds Dec 2026 Term New 0.17% +0.17
AMZN Amazon.com Inc. Add +2.3% 1.76% +0.17
TSLA Tesla Inc. Add +1.7% 1.07% +0.16
APP AppLovin Corp. Class A New 0.15% +0.15
CLS Celestica Inc. New 0.13% +0.13
WMT Walmart Inc. Add +3.6% 1.60% +0.12
ORCL Oracle Corp. Add +7.5% 0.31% +0.11
VWO Vanguard Ftse Emerging Marke New 0.11% +0.11
NVDL Granitesh 2X LNG Nvda ETF New 0.10% +0.10
CSCO Cisco Systems Inc. Add +0.3% 1.62% +0.09
VZ Verizon Communications Inc. Add +27.7% 0.66% +0.08
HDV iShares Core High Dividend E Add +42.5% 0.34% +0.08
JPST JPMorgan Ultra-Short Income Add +26.3% 0.34% +0.05
UBER Uber Technologies Inc. Add +7.5% 0.23% +0.05
KKR KKR & Co. Inc. Add +5.0% 0.24% +0.03
DIS The Walt Disney Co. Add +1.0% 0.17% +0.03
BINC iShares Flex I A ETF-Usd Inc. Add +23.0% 0.19% +0.03
AMGN Amgen Inc. Add +37.3% 0.17% +0.02
VOO Vanguard S&P 500 ETF Add +0.1% 0.48% +0.02
AMD Advanced Micro Devices New 0.01% +0.01
RZLV Rezolve AI PLC Add +17.4% 0.02% +0.01
D Dominion Energy Inc. Add +7.9% 0.12% +0.00
XETYX Eaton Vance Tax-MGD Div Eqty Add +0.8% 0.09% +0.00
T AT&T Inc. Add +2.2% 0.33% −0.01
WMB Williams Cos Inc. Add +0.5% 1.38% −0.01
COST Costco Wholesale Corp. Add +0.2% 1.18% −0.02
WPC WP Carey Inc. Add +1.2% 0.32% −0.02
KMI Kinder Morgan Inc. Add +0.2% 0.98% −0.03
MDT Medtronic PLC Add +1.9% 0.44% −0.03
MO Altria Group Inc. Add +2.3% 0.55% −0.04
KO The Coca-Cola Co. Add +0.7% 1.40% −0.10
OKE Oneok Inc. Add +0.5% 0.73% −0.21
BRK.B Berkshire Hathaway Inc. Class B Add +6.6% 2.58% −0.25
XOM Exxon Mobil Corp. Add +0.3% 2.42% −0.42
JNJ Johnson & Johnson Add +0.1% 3.47% −0.54

Options Activity Q1 2025 → Q2 2025
COST Costco Wholesale Corp. call Sold out 2,300 $2.2Mbefore exit
TSM Taiwan Semiconductor-SP ADR call Reduce -36.8% 1,200 $272K
BAH Booz Allen Hamilton Holdings call Sold out 2,100 $220Kbefore exit
AMD Advanced Micro Devices call New 1,500 $213K
TREX Trex Company Inc. call Sold out 3,600 $209Kbefore exit
PFE Pfizer Inc. call New 4,000 $97K
PLTR Palantir Technologies Inc. Class A put New 500 $68K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q1 2025 → Q2 2025
IBDS Ishrs Ibnds Dec 27 Corp. ETF IBONDS 27 ETF · principal Sold out 13,150 $318Kbefore exit
IBDR iShares Ibonds Dec 2026 Term IBONDS DEC2026 · principal Sold out 11,550 $280Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 145$247.7MAAPL, NVDA, MSFT, GOOGL, JNJ
Q1 2026 139$226.7MAAPL, NVDA, MSFT, JNJ, GOOGL
Q4 2025 129$228.0MAAPL, MSFT, NVDA, GOOGL, JNJ
Q3 2025 130$221.6MMSFT, AAPL, NVDA, JNJ, JPM
Q2 2025 124$199.4MMSFT, NVDA, AAPL, JPM, JNJ
Q1 2025 123$187.2MAAPL, MSFT, NVDA, JNJ, CVX
Q4 2024 127$195.2MAAPL, MSFT, NVDA, JNJ, CVX
Q3 2024 126$191.0MAAPL, MSFT, NVDA, JNJ, CVX
Q2 2024 115$178.6MMSFT, AAPL, NVDA, JNJ, CVX
Q1 2024 115$171.3MMSFT, AAPL, NVDA, JNJ, CVX