First City Capital Management, Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), First City Capital Management, Inc. reported 162 stock positions worth $194.0 million. Its top holding was Microsoft (MSFT) at 5.7% of the portfolio, followed by Home Depot (HD, 5.3%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.9%). Compared with Q2 2024, it opened 8 new positions, sold out of 3, added to 49 and reduced 70. The biggest buy was Home Depot (HD, shares +47%) and the biggest sale Eli Lilly (LLY, shares −1%).

Most Recent 13F
Q2 2026
Location
SAVANNAH, GA
CIK
0001427350
Portfolio Value
$194.0M (Q3 2024)
SEC Filing
0001427350-24-000006 ↗ filed Nov 7, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $180.6M Q1 2024 Q2 2024: $178.0M Q2 2024 Q3 2024: $194.0M $194.0M Q3 2024 Q4 2024: $187.9M Q4 2024 Q1 2025: $166.8M Q1 2025 Q2 2025: $173.2M Q2 2025 Q3 2025: $185.4M Q3 2025 Q4 2025: $189.3M Q4 2025 Q1 2026: $188.7M Q1 2026 Q2 2026: $205.5M Q2 2026

Holdings 162 stocks · $194.0M
MSFT Microsoft Corp. 5.65% 25,478 $11.0M Add +2.8%
HD Home Depot Inc. 5.31% 25,434 $10.3M Add +46.8%
SPY SS SPDR S&P 500 ETF Trust-US 3.85% 13,032 $7.5M Reduce -0.7%
LLY Eli Lilly & Co. 3.82% 8,367 $7.4M Reduce -1.3%
KO The Coca-Cola Co. 3.62% 97,635 $7.0M Add +0.7%
XOM Exxon Mobil Corp. 3.10% 51,259 $6.0M Add +1.0%
VOO Vanguard S&P 500 ETF 2.87% 10,545 $5.6M Add +6.0%
MGMT Ballast Small/Mid Cap ETF 2.75% 138,429 $5.3M Add +8.7%
ABBV Abbvie Inc. 2.69% 26,381 $5.2M Reduce -2.7%
AAPL Apple Inc. 2.49% 20,718 $4.8M Add +1.8%
BRK.B Berkshire Hathaway Inc. Class B 2.43% 10,240 $4.7M Add +2.2%
NVDA Nvidia Corp. 2.42% 38,609 $4.7M Add +2.6%
JPM JPMorgan Chase & Co. 1.80% 16,562 $3.5M Add +0.1%
AMZN Amazon.com Inc. 1.65% 17,153 $3.2M Add +3.3%
MRK Merck & Co. Inc. 1.45% 24,781 $2.8M Reduce -7.8%
CVX Chevron Corp. 1.41% 18,549 $2.7M Add +21.3%
PG The Procter & Gamble Co. 1.40% 15,649 $2.7M Reduce -2.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.26% 61,582 $2.4M Add +8.1%
RTX RTX Corp. 1.24% 19,852 $2.4M Reduce -8.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.14% 9,973 $2.2M Reduce -1.1%
LOW Lowe's Cos Inc. 1.12% 8,017 $2.2M Add +32.6%
SO The Southern Co. 1.06% 22,875 $2.1M Add +0.7%
VZ Verizon Communications Inc. 1.04% 45,107 $2.0M Add +0.3%
LMT Lockheed Martin Corp. 1.04% 3,437 $2.0M No change
PAUG Innovator U.S. Equity Power 1.02% 52,170 $2.0M Add +3.9%
JNJ Johnson & Johnson 0.92% 11,003 $1.8M Add +8.5%
PFE Pfizer Inc. 0.78% 52,014 $1.5M Add +14.1%
PAYX Paychex Inc. 0.77% 11,087 $1.5M Reduce -0.5%
MO Altria Group Inc. 0.75% 28,547 $1.5M Reduce -2.9%
ITW Illinois Tool Works 0.74% 5,442 $1.4M Reduce -6.5%
DEM Wisdomtree Emerging Markets 0.73% 32,196 $1.4M Reduce -1.5%
NOC Northrop Grumman Corp. 0.72% 2,628 $1.4M Reduce -23.8%
AVY Avery Dennison Corp. 0.68% 5,990 $1.3M Reduce -33.4%
DUK Duke Energy Corp. 0.67% 11,264 $1.3M Reduce -4.7%
ETN Eaton Corp. PLC 0.66% 3,879 $1.3M Reduce -0.1%
PJAN Innovator U.S. Equity Power 0.64% 30,200 $1.2M No change
AMGN Amgen Inc. 0.62% 3,756 $1.2M Reduce -0.8%
CINF Cincinnati Financial Corp. 0.62% 8,798 $1.2M Reduce -1.9%
MDLZ Mondelez International Inc. Class A 0.60% 15,916 $1.2M Add +0.5%
GOOGL Alphabet Inc. Class A 0.57% 6,643 $1.1M Add +7.7%
IWF iShares Russell 1000 Growth 0.57% 2,929 $1.1M No change
HON Honeywell International Inc. 0.56% 5,287 $1.1M Reduce -0.7%
BMY Bristol-Myers Squibb Co. 0.56% 20,945 $1.1M Add +11.3%
RIO Rio Tinto PLC-Spon ADR 0.55% 15,098 $1.1M Reduce -0.5%
PEP Pepsico Inc. 0.55% 6,274 $1.1M No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.50% 2,293 $970K Reduce -7.2%
CSCO Cisco Systems Inc. 0.48% 17,625 $938K Add +0.1%
WFC Wells Fargo & Co. 0.48% 16,584 $937K Reduce -28.9%
QCOM Qualcomm Inc. 0.48% 5,507 $936K Add +1.3%
CR Crane Co. 0.48% 5,836 $924K No change
FCX Freeport-McMoran Inc. 0.46% 17,726 $885K Reduce -0.9%
SRLN SS Blackstone Sr Loan ETF 0.45% 20,960 $875K Add +66.2%
META Meta Platforms Inc. Class A 0.45% 1,527 $874K Add +5.8%
BSCS Invesco Bulletshares 2028 CB 0.45% 42,100 $866K Add +10.2%
COST Costco Wholesale Corp. 0.44% 963 $854K Add +25.2%
T AT&T Inc. 0.43% 37,715 $830K Reduce -19.6%
ABT Abbott Laboratories 0.43% 7,243 $826K Reduce -11.3%
MCD McDonald's Corp. 0.42% 2,655 $808K Add +22.7%
PHO Invesco Water Resources ETF 0.41% 11,335 $800K Reduce -4.2%
VXF Vanguard Extended Market ETF 0.41% 4,387 $798K No change
CARR Carrier Global Corp. 0.41% 9,887 $796K No change
SNY Sanofi-ADR 0.40% 13,620 $785K Reduce -2.5%
GLD SPDR Gold Shares 0.39% 3,120 $758K Add +6.7%
TXT Textron Inc. 0.38% 8,301 $735K No change
BSCQ Invesco Bulletshares 2026 CB 0.36% 35,971 $704K Add +11.5%
AXP American Express Co. 0.36% 2,582 $700K No change
NEE Nextera Energy Inc. 0.35% 7,986 $675K Add +0.3%
PM Philip Morris International 0.35% 5,524 $671K Reduce -1.8%
GPC Genuine Parts Co. 0.34% 4,737 $662K Reduce -1.0%
UNH Unitedhealth Group Inc. 0.34% 1,131 $661K Add +2.7%
RSP Invesco S&P 500 Equal Weight 0.33% 3,621 $649K Add +81.6%
CB Chubb Ltd. 0.33% 2,248 $648K No change
AZN Astrazeneca PLC-Spons ADR 0.33% 8,313 $648K No change
MMM 3M Co. 0.33% 4,672 $639K Reduce -2.0%
BKLN Invesco Senior Loan ETF 0.33% 30,322 $637K Reduce -2.4%
LHX L3HARRIS Technologies Inc. 0.33% 2,665 $634K Reduce -24.0%
TFC Truist Financial Corp. 0.32% 14,581 $624K Add +28.9%
DOV Dover Corp. 0.32% 3,238 $621K Reduce -9.8%
WMT Walmart Inc. 0.32% 7,647 $617K Add +4.7%
NVS Novartis AG-Sponsored ADR 0.32% 5,361 $617K Add +0.5%
SCCO Southern Copper Corp. 0.31% 5,141 $595K Reduce -11.1%
IWM iShares Russell 2000 ETF 0.30% 2,679 $592K Add +50.4%
KKR KKR & Co. Inc. 0.30% 4,496 $587K No change
BSCU Invesco Bulletshares 2030 CB 0.30% 34,425 $584K Add +12.1%
BDX Becton Dickinson and Co. 0.29% 2,365 $570K Reduce -1.3%
B Barrick Gold Corp. 0.29% 28,512 $567K Reduce -0.9%
CVS CVS Health Corp. 0.28% 8,724 $549K Reduce -33.2%
GOOG Alphabet Inc. Class C 0.28% 3,276 $548K Add +7.2%
IVV iShares Core S&P 500 ETF 0.27% 902 $520K No change
UNP Union Pacific Corp. 0.27% 2,109 $520K Add +0.3%
SLYG SS SPDR S&P 600 SC GR ETF 0.27% 5,558 $518K Reduce -2.4%
MDY State Street SPDR S&P Midcap 0.27% 907 $517K No change
NOBL Proshares S&P 500 Dividend A 0.27% 4,815 $514K Reduce -3.4%
CMI Cummins Inc. 0.26% 1,560 $505K Reduce -18.6%
C Citigroup Inc. 0.26% 8,048 $504K Reduce -8.6%
CP Canadian Pacific Kansas City 0.25% 5,782 $495K No change
VXUS Vanguard Total Intl Stock 0.25% 7,565 $490K Reduce -2.6%
JCI Johnson Controls Internation 0.25% 6,244 $485K Reduce -2.0%
MCK McKesson Corp. 0.25% 977 $483K Add +0.2%
AYI Acuity Inc. 0.25% 1,753 $483K Reduce -37.0%
TSLT T-Rex 2X LNG Tesla DLY TRGT 0.25% 25,300 $479K Reduce -50.0%
TT Trane Technologies PLC 0.24% 1,214 $472K Reduce -4.0%
GS Goldman Sachs Group Inc. 0.24% 951 $471K Add +13.9%
PNC PNC Financial Services Group 0.24% 2,537 $469K Reduce -4.9%
SSB Southstate Bank Corp. 0.24% 4,801 $467K No change
CL Colgate-Palmolive Co. 0.24% 4,420 $459K No change
SEE Sealed Air Corp. 0.24% 12,570 $456K Reduce -1.6%
IUSG iShares Core S&P U.S. Growth 0.23% 3,438 $454K No change
DGRO iShares Core Dividend Growth 0.22% 6,929 $434K No change
NSC Norfolk Southern Corp. 0.21% 1,665 $414K Reduce -1.8%
NTRS Northern Trust Corp. 0.21% 4,565 $411K No change
KHC The Kraft Heinz Co. 0.21% 11,432 $401K Reduce -28.3%
BTI British American Tob-SP ADR 0.21% 10,890 $398K Add +2.8%
IYW iShares Ustechnology ETF 0.20% 2,600 $394K No change
CMCSA Comcast Corp. Class A 0.20% 9,362 $391K No change
IAU iShares Gold Trust 0.19% 7,543 $375K No change
MDT Medtronic PLC 0.19% 4,123 $371K Add +2.9%
ORCL Oracle Corp. 0.19% 2,178 $371K Add +9.6%
CCJ Cameco Corp. 0.18% 7,450 $356K No change
EFA iShares MSCI Eafe ETF 0.18% 4,200 $351K Reduce -0.9%
V Visa Inc. Class A 0.18% 1,272 $350K Add +22.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.18% 910 $349K Reduce -2.8%
CE Celanese Corp. 0.17% 2,472 $336K Reduce -2.9%
FDX FedEx Corp. 0.17% 1,219 $334K Add +25.0%
IDEC Inno Int Dev Power Buff Dec 0.17% 11,745 $333K Reduce -11.3%
INTC Intel Corp. 0.16% 13,331 $313K Reduce -29.9%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.16% 2,975 $312K No change
GE General Electric filed as GE AEROSPACE 0.16% 1,638 $309K Add +7.1%
GSK GSK PLC-Spon ADR 0.16% 7,488 $306K Reduce -14.0%
KLAC KLA Corp. 0.15% 382 $296K No change
ACWX iShares MSCI Acwi Ex US ETF 0.15% 5,150 $295K New
LIN Linde PLC 0.15% 600 $286K No change
EEM iShares MSCI Emerging Market 0.15% 6,199 $284K Reduce -0.4%
XYL Xylem Inc. 0.14% 2,075 $280K No change
BF.B Brown-Forman Corp. Class B 0.14% 5,694 $280K Reduce -0.1%
NEM Newmont Corp. 0.14% 5,225 $279K Reduce -0.4%
COP Conocophillips 0.14% 2,573 $271K No change
PDP Invesco Dorsey Wright Moment 0.14% 2,585 $267K Reduce -27.9%
PMAR Innovator U.S. Equity Power 0.14% 6,750 $265K Reduce -28.9%
VONG Vanguard Russell 1000 Growth 0.14% 2,744 $265K No change
GIS General Mills Inc. 0.13% 3,490 $258K Reduce -0.1%
IJK iShares S&P Mid-Cap 400 Grow 0.13% 2,732 $251K No change
OTIS Otis Worldwide Corp. 0.13% 2,400 $249K No change
CXT Crane NXT Co. 0.13% 4,330 $243K Reduce -6.5%
OHI Omega Healthcare Investors 0.12% 5,859 $238K Reduce -7.1%
VIG Vanguard Dividend Apprec ETF 0.12% 1,195 $237K New
TECH Bio-Techne Corp. 0.12% 2,950 $236K No change
REGN Regeneron Pharmaceuticals 0.12% 223 $234K No change
DEO Diageo PLC-Sponsored ADR 0.12% 1,649 $231K Reduce -3.5%
DOW Dow Inc. 0.12% 4,223 $231K Reduce -2.9%
AVGO Broadcom Inc. 0.12% 1,330 $229K New
UBS UBS Group AG-Reg 0.11% 7,164 $221K Reduce -4.5%
DD Dupont DE Nemours Inc. 0.11% 2,460 $219K New
WHR Whirlpool Corp. 0.11% 2,035 $218K Reduce -16.6%
D Dominion Energy Inc. 0.11% 3,752 $217K New
EPD Enterprise Products Partners 0.11% 7,309 $213K Reduce -12.8%
DHR Danaher Corp. 0.11% 760 $211K New
AMAT Applied Materials Inc. 0.11% 1,040 $210K Reduce -0.9%
IJJ iShares S&P Mid-Cap 400 Valu 0.11% 1,690 $209K New
DRI Darden Restaurants Inc. 0.11% 1,250 $205K New
WYNN WYNN Resorts Ltd. 0.10% 2,099 $201K Reduce -34.2%
MQY BlackRock Muniyield Quality 0.07% 10,548 $138K No change

Options reported separately and not counted above: TSLA calls ($425K).

Portfolio Sells Q2 2024 → Q3 2024
LLY Eli Lilly & Co. Reduce -1.3% 3.82% −0.49
AVY Avery Dennison Corp. Reduce -33.4% 0.68% −0.42
MRK Merck & Co. Inc. Reduce -7.8% 1.45% −0.42
WFC Wells Fargo & Co. Reduce -28.9% 0.48% −0.30
INTC Intel Corp. Reduce -29.9% 0.16% −0.17
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.7% 3.85% −0.16
INGR Ingredion Inc. Sold out 0.00% −0.15
CVS CVS Health Corp. Reduce -33.2% 0.28% −0.15
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.13
NOC Northrop Grumman Corp. Reduce -23.8% 0.72% −0.13
AYI Acuity Inc. Reduce -37.0% 0.25% −0.13
LHX L3HARRIS Technologies Inc. Reduce -24.0% 0.33% −0.12
DELL Dell Technologies -C Sold out 0.00% −0.11
TSLT T-Rex 2X LNG Tesla DLY TRGT Reduce -50.0% 0.25% −0.11
PG The Procter & Gamble Co. Reduce -2.6% 1.40% −0.09
KHC The Kraft Heinz Co. Reduce -28.3% 0.21% −0.08
T AT&T Inc. Reduce -19.6% 0.43% −0.08
HON Honeywell International Inc. Reduce -0.7% 0.56% −0.08
PMAR Innovator U.S. Equity Power Reduce -28.9% 0.14% −0.07
DEM Wisdomtree Emerging Markets Reduce -1.5% 0.73% −0.06
PDP Invesco Dorsey Wright Moment Reduce -27.9% 0.14% −0.06
WYNN WYNN Resorts Ltd. Reduce -34.2% 0.10% −0.06
C Citigroup Inc. Reduce -8.6% 0.26% −0.05
ABT Abbott Laboratories Reduce -11.3% 0.43% −0.05
DOV Dover Corp. Reduce -9.8% 0.32% −0.04
SCCO Southern Copper Corp. Reduce -11.1% 0.31% −0.04
DIA SS SPDR Dow Jones Indus Avg Reduce -7.2% 0.50% −0.04
AMGN Amgen Inc. Reduce -0.8% 0.62% −0.04
ITW Illinois Tool Works Reduce -6.5% 0.74% −0.04
BKLN Invesco Senior Loan ETF Reduce -2.4% 0.33% −0.04
CMI Cummins Inc. Reduce -18.6% 0.26% −0.04
CXT Crane NXT Co. Reduce -6.5% 0.13% −0.03
FCX Freeport-McMoran Inc. Reduce -0.9% 0.46% −0.03
AMAT Applied Materials Inc. Reduce -0.9% 0.11% −0.03
GPC Genuine Parts Co. Reduce -1.0% 0.34% −0.03
GSK GSK PLC-Spon ADR Reduce -14.0% 0.16% −0.03
IDEC Inno Int Dev Power Buff Dec Reduce -11.3% 0.17% −0.03
WHR Whirlpool Corp. Reduce -16.6% 0.11% −0.03
EPD Enterprise Products Partners Reduce -12.8% 0.11% −0.03
ETN Eaton Corp. PLC Reduce -0.1% 0.66% −0.02
BDX Becton Dickinson and Co. Reduce -1.3% 0.29% −0.02
CE Celanese Corp. Reduce -2.9% 0.17% −0.02
PHO Invesco Water Resources ETF Reduce -4.2% 0.41% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Reduce -2.8% 0.18% −0.02
SEE Sealed Air Corp. Reduce -1.6% 0.24% −0.01
DOW Dow Inc. Reduce -2.9% 0.12% −0.01
VXUS Vanguard Total Intl Stock Reduce -2.6% 0.25% −0.01
UBS UBS Group AG-Reg Reduce -4.5% 0.11% −0.01
RIO Rio Tinto PLC-Spon ADR Reduce -0.5% 0.55% −0.01
SLYG SS SPDR S&P 600 SC GR ETF Reduce -2.4% 0.27% −0.01

Portfolio Buys Q2 2024 → Q3 2024
HD Home Depot Inc. Add +46.8% 5.31% +1.96
LOW Lowe's Cos Inc. Add +32.6% 1.12% +0.37
MGMT Ballast Small/Mid Cap ETF Add +8.7% 2.75% +0.18
SRLN SS Blackstone Sr Loan ETF Add +66.2% 0.45% +0.16
ACWX iShares MSCI Acwi Ex US ETF New 0.15% +0.15
RSP Invesco S&P 500 Equal Weight Add +81.6% 0.33% +0.15
KO The Coca-Cola Co. Add +0.7% 3.62% +0.15
BRK.B Berkshire Hathaway Inc. Class B Add +2.2% 2.43% +0.14
VIG Vanguard Dividend Apprec ETF New 0.12% +0.12
BMY Bristol-Myers Squibb Co. Add +11.3% 0.56% +0.12
AVGO Broadcom Inc. New 0.12% +0.12
DD Dupont DE Nemours Inc. New 0.11% +0.11
D Dominion Energy Inc. New 0.11% +0.11
DHR Danaher Corp. New 0.11% +0.11
IJJ iShares S&P Mid-Cap 400 Valu New 0.11% +0.11
MCD McDonald's Corp. Add +22.7% 0.42% +0.11
DRI Darden Restaurants Inc. New 0.11% +0.11
IWM iShares Russell 2000 ETF Add +50.4% 0.30% +0.10
JNJ Johnson & Johnson Add +8.5% 0.92% +0.09
AAPL Apple Inc. Add +1.8% 2.49% +0.08
TFC Truist Financial Corp. Add +28.9% 0.32% +0.07
SO The Southern Co. Add +0.7% 1.06% +0.07
VOO Vanguard S&P 500 ETF Add +6.0% 2.87% +0.07
COST Costco Wholesale Corp. Add +25.2% 0.44% +0.07
CVX Chevron Corp. Add +21.3% 1.41% +0.06
PFE Pfizer Inc. Add +14.1% 0.78% +0.06
META Meta Platforms Inc. Class A Add +5.8% 0.45% +0.04
WMT Walmart Inc. Add +4.7% 0.32% +0.04
GLD SPDR Gold Shares Add +6.7% 0.39% +0.04
ORCL Oracle Corp. Add +9.6% 0.19% +0.03
NEE Nextera Energy Inc. Add +0.3% 0.35% +0.03
GS Goldman Sachs Group Inc. Add +13.9% 0.24% +0.03
V Visa Inc. Class A Add +22.3% 0.18% +0.03
UNH Unitedhealth Group Inc. Add +2.7% 0.34% +0.03
GE General Electric Add +7.1% 0.16% +0.02
MDLZ Mondelez International Inc. Class A Add +0.5% 0.60% +0.02
BTI British American Tob-SP ADR Add +2.8% 0.21% +0.02
BSCU Invesco Bulletshares 2030 CB Add +12.1% 0.30% +0.02
BSCS Invesco Bulletshares 2028 CB Add +10.2% 0.45% +0.02
BSCQ Invesco Bulletshares 2026 CB Add +11.5% 0.36% +0.02
MDT Medtronic PLC Add +2.9% 0.19% +0.01
CSCO Cisco Systems Inc. Add +0.1% 0.48% +0.01
FDX FedEx Corp. Add +25.0% 0.17% +0.01
VZ Verizon Communications Inc. Add +0.3% 1.04% +0.00
UNP Union Pacific Corp. Add +0.3% 0.27% +0.00
NVS Novartis AG-Sponsored ADR Add +0.5% 0.32% −0.00
PAUG Innovator U.S. Equity Power Add +3.9% 1.02% −0.01
BAC Bank of America Corp. Add +8.1% 1.26% −0.01
GOOG Alphabet Inc. Class C Add +7.2% 0.28% −0.03
GOOGL Alphabet Inc. Class A Add +7.7% 0.57% −0.06

Options Activity Q2 2024 → Q3 2024
TSLA Tesla Inc. call New 9,200 $425K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 164$205.5MSPY, VOO, MGMT, LLY, MSFT
Q1 2026 160$188.7MSPY, VOO, XOM, MSFT, MGMT
Q4 2025 156$189.3MMSFT, SPY, VOO, LLY, NVDA
Q3 2025 153$185.4MMSFT, SPY, VOO, NVDA, MGMT
Q2 2025 145$173.2MMSFT, SPY, VOO, XOM, NVDA
Q1 2025 147$166.8MMSFT, SPY, XOM, HD, VOO
Q4 2024 153$187.9MMSFT, HD, SPY, MGMT, LLY
Q3 2024 162$194.0MMSFT, HD, SPY, LLY, KO
Q2 2024 157$178.0MMSFT, LLY, SPY, KO, HD
Q1 2024 167$180.6MMSFT, HD, LLY, SPY, KO