HMS Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 24, 2024), HMS Capital Management, LLC reported 107 stock positions worth $180.5 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 15.2% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 6.0%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 5.7%). Compared with Q4 2023, it opened 17 new positions, sold out of 18, added to 29 and reduced 53. The biggest buy was a new position in SS SPDR S&P Homebldrs ETF (XHB) and the biggest sale an exit from iShares MSCI Eafe ETF (EFA).
- Most Recent 13F
- Q2 2026
- Location
- NASHVILLE, TN
- CIK
- 0001689470
- Portfolio Value
- $180.5M (Q1 2024)
- SEC Filing
- 0001689470-24-000002 ↗ filed Apr 24, 2024
Holdings Value
Holdings 107 stocks · $180.5M
| SPY SS SPDR S&P 500 ETF Trust-US | 15.18% | 52,389 | $27.4M | Reduce -12.2% |
| QQQ Invesco QQQ Trust Series 1 | 6.00% | 24,377 | $10.8M | Add +37.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 5.66% | 93,775 | $10.2M | Add +1.8% |
| XHB SS SPDR S&P Homebldrs ETF | 3.88% | 62,700 | $7.0M | New |
| IWD iShares Russell 1000 Value E | 3.81% | 38,401 | $6.9M | Reduce -26.3% |
| MSFT Microsoft Corp. | 3.12% | 13,398 | $5.6M | Reduce -4.5% |
| XLE SS Energy Select Sector | 2.85% | 54,457 | $5.1M | Reduce -9.0% |
| NVDA Nvidia Corp. | 2.85% | 5,686 | $5.1M | Reduce -9.6% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 2.21% | 51,336 | $4.0M | Add +4.9% |
| AVGO Broadcom Inc. | 2.16% | 2,937 | $3.9M | Reduce -8.1% |
| AAPL Apple Inc. | 1.56% | 16,455 | $2.8M | Reduce -3.0% |
| CMG Chipotle Mexican Grill Inc. | 1.55% | 964 | $2.8M | Reduce -6.1% |
| XLK SS Technology Select Sector | 1.53% | 13,275 | $2.8M | Add +656.8% |
| AMZN Amazon.com Inc. | 1.46% | 14,643 | $2.6M | Reduce -3.6% |
| GS Goldman Sachs Group Inc. | 1.44% | 6,232 | $2.6M | Add +10.9% |
| CB Chubb Ltd. | 1.40% | 9,719 | $2.5M | Reduce -7.8% |
| MCK McKesson Corp. | 1.33% | 4,473 | $2.4M | Add +3.7% |
| MU Micron Technology Inc. | 1.31% | 20,079 | $2.4M | Add +1.2% |
| JPM JPMorgan Chase & Co. | 1.18% | 10,677 | $2.1M | Reduce -4.9% |
| GOOGL Alphabet Inc. Class A | 1.17% | 14,040 | $2.1M | Reduce -9.1% |
| META Meta Platforms Inc. Class A | 1.16% | 4,329 | $2.1M | Reduce -0.7% |
| IWP iShares Russell Mid-Cap Grow | 1.14% | 18,056 | $2.1M | New |
| MPWR Monolithic Power Systems Inc. | 1.11% | 2,948 | $2.0M | Reduce -2.6% |
| HCA HCA Healthcare Inc. | 1.09% | 5,879 | $2.0M | Reduce -5.3% |
| WM Waste Management Inc. | 1.07% | 9,054 | $1.9M | Reduce -3.8% |
| FTNT Fortinet Inc. | 1.05% | 27,785 | $1.9M | Reduce -7.3% |
| BKNG Booking Holdings Inc. | 0.99% | 492 | $1.8M | Reduce -6.8% |
| NFLX Netflix Inc. | 0.96% | 2,841 | $1.7M | Add +1.7% |
| UNH Unitedhealth Group Inc. | 0.95% | 3,465 | $1.7M | Reduce -5.8% |
| SNPS Synopsys Inc. | 0.94% | 2,966 | $1.7M | Add +90.3% |
| MA Mastercard Inc. Class A | 0.90% | 3,387 | $1.6M | Reduce -0.8% |
| ACN Accenture PLC Class A | 0.89% | 4,616 | $1.6M | Reduce -1.7% |
| SYK Stryker Corp. | 0.88% | 4,440 | $1.6M | New |
| PH Parker Hannifin Corp. | 0.88% | 2,850 | $1.6M | Add +7.2% |
| CPRT Copart Inc. | 0.88% | 27,334 | $1.6M | Reduce -6.9% |
| QCOM Qualcomm Inc. | 0.87% | 9,230 | $1.6M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.85% | 9,475 | $1.5M | Reduce -4.0% |
| VOO Vanguard S&P 500 ETF | 0.84% | 3,154 | $1.5M | Reduce -4.2% |
| IWF iShares Russell 1000 Growth | 0.82% | 4,371 | $1.5M | Reduce -3.5% |
| MSI Motorola Solutions Inc. | 0.81% | 4,139 | $1.5M | Reduce -4.3% |
| WMT Walmart Inc. | 0.70% | 21,131 | $1.3M | New |
| MLM Martin Marietta Materials | 0.66% | 1,930 | $1.2M | Add +5.7% |
| MCD McDonald's Corp. | 0.65% | 4,155 | $1.2M | Reduce -6.4% |
| CDNS Cadence Design SYS Inc. | 0.65% | 3,747 | $1.2M | New |
| KO The Coca-Cola Co. | 0.60% | 17,731 | $1.1M | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.58% | 4,191 | $1.0M | Add +12.4% |
| MDT Medtronic PLC | 0.49% | 10,164 | $886K | Reduce -2.8% |
| LHX L3HARRIS Technologies Inc. | 0.49% | 4,138 | $882K | Reduce -2.5% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.47% | 9,271 | $846K | Reduce -21.8% |
| VIG Vanguard Dividend Apprec ETF | 0.46% | 4,513 | $824K | Add +3.2% |
| J Jacobs Solutions Inc. | 0.44% | 5,122 | $787K | Reduce -3.5% |
| STZ Constellation Brands Inc. Class A | 0.43% | 2,827 | $768K | Reduce -5.2% |
| NOW ServiceNow Inc. | 0.40% | 957 | $730K | Reduce -10.0% |
| ZBH Zimmer Biomet Holdings Inc. | 0.40% | 5,477 | $723K | Reduce -3.6% |
| SMCI Super Micro Computer Inc. | 0.39% | 689 | $696K | Reduce -62.1% |
| IVW iShares S&P 500 Growth ETF | 0.36% | 7,610 | $643K | No change |
| ELF Elf Beauty Inc. | 0.35% | 3,213 | $630K | Reduce -7.1% |
| EXP Eagle Materials Inc. | 0.35% | 2,294 | $623K | Reduce -4.1% |
| FIX Comfort Systems USA Inc. | 0.34% | 1,907 | $606K | Add +6.4% |
| CELH Celsius Holdings Inc. | 0.33% | 7,270 | $603K | Reduce -23.2% |
| IVV iShares Core S&P 500 ETF | 0.31% | 1,076 | $566K | Reduce -0.9% |
| NVMI Nova Ltd. | 0.31% | 3,166 | $562K | Reduce -15.0% |
| SAIA Saia Inc. | 0.31% | 952 | $557K | Add +3.6% |
| CBZ Cbiz Inc. | 0.31% | 7,087 | $556K | Add +0.8% |
| STRL Sterling Infrastructure Inc. | 0.30% | 4,885 | $539K | Add +1.1% |
| ASML ASML Holding NV-NY Reg SHS | 0.30% | 550 | $534K | Reduce -27.0% |
| LECO Lincoln Electric Holdings | 0.28% | 2,001 | $511K | Reduce -0.2% |
| KNSL Kinsale Capital Group Inc. | 0.27% | 928 | $487K | Add +5.3% |
| MUB iShares National Muni Bond E | 0.27% | 4,515 | $486K | Add +90.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 1,829 | $475K | Add +2.0% |
| XOM Exxon Mobil Corp. | 0.26% | 4,055 | $471K | Reduce -25.2% |
| PSN Parsons Corp. | 0.26% | 5,593 | $464K | Add +0.4% |
| TXRH Texas Roadhouse Inc. | 0.25% | 2,961 | $457K | Reduce -5.8% |
| PNFP Pinnacle Financial Partners | 0.25% | 5,260 | $452K | No change |
| ESI Element Solutions Inc. | 0.25% | 18,083 | $452K | Add +13.8% |
| JEF Jefferies Financial Group Inc. | 0.25% | 10,038 | $443K | Add +3.7% |
| NVT Nvent Electric PLC | 0.24% | 5,837 | $440K | Add +3.2% |
| USFD US Foods Holding Corp. | 0.24% | 8,061 | $435K | Reduce -6.4% |
| MYRG MYR Group Inc./Delaware | 0.24% | 2,439 | $431K | New |
| CLH Clean Harbors Inc. | 0.23% | 2,072 | $417K | Add +0.9% |
| CW Curtiss-Wright Corp. | 0.23% | 1,626 | $416K | New |
| APPF Appfolio Inc. Class A | 0.22% | 1,590 | $392K | New |
| GNTX Gentex Corp. | 0.22% | 10,773 | $389K | New |
| SWAV Shockwave Medical Inc. | 0.21% | 1,178 | $384K | New |
| IWR iShares Russell Mid-Cap ETF | 0.20% | 4,393 | $369K | No change |
| WSC Willscot Holdings Corp. | 0.19% | 7,331 | $341K | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.19% | 2,628 | $337K | Reduce -21.3% |
| ANET Arista Networks Inc. | 0.18% | 1,132 | $328K | Reduce -29.1% |
| ACLS Axcelis Technologies Inc. | 0.18% | 2,871 | $320K | Add +1.7% |
| IVE iShares S&P 500 Value ETF | 0.18% | 1,702 | $318K | Reduce -15.6% |
| MEDP Medpace Holdings Inc. | 0.17% | 741 | $299K | New |
| COST Costco Wholesale Corp. | 0.16% | 401 | $294K | No change |
| FIVE Five Below | 0.16% | 1,604 | $291K | Add +6.2% |
| LSCC Lattice Semiconductor Corp. | 0.16% | 3,582 | $280K | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.15% | 1,680 | $274K | Reduce -32.0% |
| LIN Linde PLC | 0.14% | 563 | $261K | No change |
| H Hyatt Hotels Corp. Class A | 0.14% | 1,610 | $257K | Reduce -3.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.14% | 597 | $250K | No change |
| SCCO Southern Copper Corp. | 0.14% | 2,338 | $249K | Reduce -6.2% |
| EVH Evolent Health Inc. Class A | 0.13% | 7,419 | $243K | Add +7.8% |
Portfolio Sells Q4 2023 → Q1 2024
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −3.58 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -12.2% | 15.18% | −2.24 |
| IWD iShares Russell 1000 Value E | Reduce -26.3% | 3.81% | −1.48 |
| PLD Prologis Inc. | Sold out | 0.00% | −0.65 |
| AEE Ameren Corporation | Sold out | 0.00% | −0.61 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.55 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.50 |
| AAPL Apple Inc. | Reduce -3.0% | 1.56% | −0.44 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.41 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.37 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.36 |
| TD Toronto-Dominion Bank | Sold out | 0.00% | −0.31 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.28 |
| LPX Louisiana-Pacific Corp. | Sold out | 0.00% | −0.28 |
| UNH Unitedhealth Group Inc. | Reduce -5.8% | 0.95% | −0.24 |
| XLE SS Energy Select Sector | Reduce -9.0% | 2.85% | −0.23 |
| WCC Wesco International Inc. | Sold out | 0.00% | −0.23 |
| CRS Carpenter Technology | Sold out | 0.00% | −0.22 |
| BKNG Booking Holdings Inc. | Reduce -6.8% | 0.99% | −0.16 |
| MCD McDonald's Corp. | Reduce -6.4% | 0.65% | −0.16 |
| GOOGL Alphabet Inc. Class A | Reduce -9.1% | 1.17% | −0.15 |
| IJJ iShares S&P Mid-Cap 400 Valu | Sold out | 0.00% | −0.15 |
| LPLA LPL Financial Holdings Inc. | Sold out | 0.00% | −0.14 |
| IWB iShares Russell 1000 ETF | Sold out | 0.00% | −0.13 |
| OPCH Option Care Health Inc. | Sold out | 0.00% | −0.13 |
| ACN Accenture PLC Class A | Reduce -1.7% | 0.89% | −0.13 |
| AFL Aflac Inc. | Sold out | 0.00% | −0.12 |
| MSFT Microsoft Corp. | Reduce -4.5% | 3.12% | −0.12 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -21.8% | 0.47% | −0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -32.0% | 0.15% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -25.2% | 0.26% | −0.07 |
| CB Chubb Ltd. | Reduce -7.8% | 1.40% | −0.07 |
| MPWR Monolithic Power Systems Inc. | Reduce -2.6% | 1.11% | −0.07 |
| LHX L3HARRIS Technologies Inc. | Reduce -2.5% | 0.49% | −0.06 |
| GPC Genuine Parts Co. | Reduce -31.8% | 0.13% | −0.06 |
| NOW ServiceNow Inc. | Reduce -10.0% | 0.40% | −0.06 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -27.0% | 0.30% | −0.05 |
| ANET Arista Networks Inc. | Reduce -29.1% | 0.18% | −0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -4.2% | 0.84% | −0.04 |
| IVE iShares S&P 500 Value ETF | Reduce -15.6% | 0.18% | −0.04 |
| MDT Medtronic PLC | Reduce -2.8% | 0.49% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -4.0% | 0.85% | −0.04 |
| AVGO Broadcom Inc. | Reduce -8.1% | 2.16% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -3.5% | 0.82% | −0.03 |
| FTNT Fortinet Inc. | Reduce -7.3% | 1.05% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -21.3% | 0.19% | −0.03 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -3.6% | 0.40% | −0.02 |
| MSI Motorola Solutions Inc. | Reduce -4.3% | 0.81% | −0.02 |
| STZ Constellation Brands Inc. Class A | Reduce -5.2% | 0.43% | −0.02 |
| CPRT Copart Inc. | Reduce -6.9% | 0.88% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| XHB SS SPDR S&P Homebldrs ETF | New | 3.88% | +3.88 |
| QQQ Invesco QQQ Trust Series 1 | Add +37.5% | 6.00% | +1.53 |
| XLK SS Technology Select Sector | Add +656.8% | 1.53% | +1.32 |
| IWP iShares Russell Mid-Cap Grow | New | 1.14% | +1.14 |
| SYK Stryker Corp. | New | 0.88% | +0.88 |
| WMT Walmart Inc. | New | 0.70% | +0.70 |
| CDNS Cadence Design SYS Inc. | New | 0.65% | +0.65 |
| KO The Coca-Cola Co. | New | 0.60% | +0.60 |
| SNPS Synopsys Inc. | Add +90.3% | 0.94% | +0.45 |
| MU Micron Technology Inc. | Add +1.2% | 1.31% | +0.27 |
| MYRG MYR Group Inc./Delaware | New | 0.24% | +0.24 |
| CW Curtiss-Wright Corp. | New | 0.23% | +0.23 |
| APPF Appfolio Inc. Class A | New | 0.22% | +0.22 |
| GNTX Gentex Corp. | New | 0.22% | +0.22 |
| SWAV Shockwave Medical Inc. | New | 0.21% | +0.21 |
| WSC Willscot Holdings Corp. | New | 0.19% | +0.19 |
| MEDP Medpace Holdings Inc. | New | 0.17% | +0.17 |
| LSCC Lattice Semiconductor Corp. | New | 0.16% | +0.16 |
| BAC Bank of America Corp. | New | 0.13% | +0.13 |
| MMYT Makemytrip Ltd. | New | 0.13% | +0.13 |
| PH Parker Hannifin Corp. | Add +7.2% | 0.88% | +0.12 |
| NFLX Netflix Inc. | Add +1.7% | 0.96% | +0.12 |
| MRSH Marsh & McLennan Cos | New | 0.12% | +0.12 |
| MUB iShares National Muni Bond E | Add +90.6% | 0.27% | +0.11 |
| GS Goldman Sachs Group Inc. | Add +10.9% | 1.44% | +0.11 |
| FIX Comfort Systems USA Inc. | Add +6.4% | 0.34% | +0.11 |
| MCK McKesson Corp. | Add +3.7% | 1.33% | +0.10 |
| MLM Martin Marietta Materials | Add +5.7% | 0.66% | +0.10 |
| KNSL Kinsale Capital Group Inc. | Add +5.3% | 0.27% | +0.09 |
| AJG Arthur J Gallagher & Co. | Add +12.4% | 0.58% | +0.07 |
| SAIA Saia Inc. | Add +3.6% | 0.31% | +0.06 |
| PSN Parsons Corp. | Add +0.4% | 0.26% | +0.04 |
| NVT Nvent Electric PLC | Add +3.2% | 0.24% | +0.04 |
| CBZ Cbiz Inc. | Add +0.8% | 0.31% | +0.04 |
| STRL Sterling Infrastructure Inc. | Add +1.1% | 0.30% | +0.04 |
| ESI Element Solutions Inc. | Add +13.8% | 0.25% | +0.02 |
| CLH Clean Harbors Inc. | Add +0.9% | 0.23% | +0.01 |
| JEF Jefferies Financial Group Inc. | Add +3.7% | 0.25% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.0% | 0.26% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +3.2% | 0.46% | −0.00 |
| EVH Evolent Health Inc. Class A | Add +7.8% | 0.13% | −0.00 |
| FOUR SHIFT4 Payments Inc. Class A | Add +5.4% | 0.12% | −0.02 |
| FIVE Five Below | Add +6.2% | 0.16% | −0.04 |
| ACLS Axcelis Technologies Inc. | Add +1.7% | 0.18% | −0.05 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +4.9% | 2.21% | −0.12 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +1.8% | 5.66% | −0.61 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 120 | $267.4M | SPY, LQD, EFA, QQQ, MU |
| Q1 2026 | 113 | $258.5M | SPY, LQD, EFA, QQQ, NVDA |
| Q4 2025 | 103 | $241.7M | SPY, EFA, LQD, QQQ, AIQ |
| Q3 2025 | 107 | $237.8M | SPY, EFA, LQD, QQQ, AIQ |
| Q2 2025 | 105 | $221.8M | SPY, EFA, LQD, QQQ, AIQ |
| Q1 2025 | 104 | $180.3M | SPY, LQD, QQQ, XHB, AIQ |
| Q4 2024 | 107 | $206.9M | SPY, QQQ, LQD, NVDA, AVGO |
| Q3 2024 | 108 | $204.0M | SPY, QQQ, LQD, XHB, IWD |
| Q2 2024 | 108 | $191.9M | SPY, QQQ, LQD, NVDA, IWD |
| Q1 2024 | 107 | $180.5M | SPY, QQQ, LQD, XHB, IWD |