Janney Capital Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), Janney Capital Management LLC reported 233 stock positions worth $1.5 billion. Its top holding was Microsoft (MSFT) at 2.6% of the portfolio, followed by SS Technology Select Sector (XLK, 2.4%) and Taiwan Semiconductor-SP ADR (TSM, 2.3%). Compared with Q2 2024, it opened 23 new positions, sold out of 14, added to 52 and reduced 128. The biggest buy was a new position in SS SPDR S&P Bank ETF (KBE) and the biggest sale an exit from iShares Core MSCI Eafe ETF (IEFA).
- Most Recent 13F
- Q4 2025
- Location
- PITTSBURGH, PA
- CIK
- 0001569855
- Portfolio Value
- $1.5B (Q3 2024)
- SEC Filing
- 0001329948-24-000024 ↗ filed Oct 29, 2024
Holdings Value
Holdings 233 stocks · $1.5B
| MSFT Microsoft Corp. | 2.59% | 89,124 | $38.4M | Add +0.3% |
| XLK SS Technology Select Sector | 2.36% | 154,772 | $34.9M | Add +1.6% |
| TSM Taiwan Semiconductor-SP ADR | 2.30% | 196,461 | $34.1M | Reduce -1.3% |
| XLC SS Comm Select Sector SPDR | 2.15% | 352,450 | $31.9M | Reduce -3.1% |
| TOTL SS Doubleline TR Tact ETF | 2.15% | 767,954 | $31.8M | Reduce -1.8% |
| AVGO Broadcom Inc. | 2.10% | 180,222 | $31.1M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 2.02% | 142,204 | $30.0M | Reduce -7.2% |
| IWM iShares Russell 2000 ETF | 1.65% | 110,562 | $24.4M | Reduce -5.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.51% | 101,394 | $22.4M | Reduce -1.1% |
| GLD SPDR Gold Shares | 1.46% | 89,158 | $21.7M | Reduce -4.8% |
| ABBV Abbvie Inc. | 1.44% | 108,115 | $21.4M | Reduce -0.9% |
| MCD McDonald's Corp. | 1.42% | 68,922 | $21.0M | Add +10.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.38% | 253,121 | $20.4M | Reduce -3.8% |
| XLRE SS Real Estate Select Sector | 1.36% | 449,826 | $20.1M | Add +118.2% |
| KBE SS SPDR S&P Bank ETF | 1.34% | 374,452 | $19.8M | New |
| WMT Walmart Inc. | 1.33% | 244,660 | $19.8M | Reduce -0.5% |
| AAPL Apple Inc. | 1.30% | 82,913 | $19.3M | Add +2.0% |
| XLV SS Health Care Select Sector | 1.19% | 114,382 | $17.6M | New |
| ITA iShares U.S. Aerospace & Def | 1.18% | 117,226 | $17.5M | Reduce -5.2% |
| MDT Medtronic PLC | 1.18% | 194,742 | $17.5M | Reduce -1.1% |
| CVX Chevron Corp. | 1.18% | 118,659 | $17.5M | Reduce -1.1% |
| XLP SS Consumer Staples Sel Sect | 1.15% | 205,126 | $17.0M | Add +4131.1% |
| SPG Simon Property Group Inc. | 1.12% | 98,343 | $16.6M | Reduce -0.9% |
| CSCO Cisco Systems Inc. | 1.12% | 311,478 | $16.6M | Reduce -1.0% |
| XLE SS Energy Select Sector | 1.10% | 185,997 | $16.3M | Reduce -3.4% |
| CAT Caterpillar Inc. | 1.10% | 41,613 | $16.3M | Reduce -0.4% |
| APD Air Products & Chemicals Inc. | 1.10% | 54,558 | $16.2M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 1.06% | 90,915 | $15.7M | Add +21.4% |
| JNJ Johnson & Johnson | 1.05% | 95,710 | $15.5M | Reduce -0.4% |
| MS Morgan Stanley | 1.04% | 147,348 | $15.4M | Reduce -1.4% |
| BP BP PLC-Spons ADR | 1.04% | 489,237 | $15.4M | Reduce -1.3% |
| UNH Unitedhealth Group Inc. | 1.03% | 25,987 | $15.2M | Add +0.8% |
| NOW ServiceNow Inc. | 1.01% | 16,709 | $14.9M | New |
| LYG Lloyds Banking Group PLC-ADR | 1.00% | 4,773,870 | $14.9M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 1.00% | 79,240 | $14.8M | Reduce -1.0% |
| UBS UBS Group AG-Reg | 0.98% | 471,811 | $14.6M | Reduce -1.4% |
| GOOGL Alphabet Inc. Class A | 0.98% | 87,764 | $14.6M | Add +0.1% |
| JCPB JPMorgan Core Plus Bond ETF | 0.97% | 299,273 | $14.4M | Reduce -1.8% |
| GS Goldman Sachs Group Inc. | 0.94% | 28,275 | $14.0M | Reduce -12.0% |
| VZ Verizon Communications Inc. | 0.94% | 309,317 | $13.9M | Reduce -0.8% |
| TGT Target Corp. | 0.91% | 86,951 | $13.6M | Add +16.3% |
| ANGL Vaneck Fallen Angel High YLD | 0.91% | 458,942 | $13.5M | Reduce -1.8% |
| DD Dupont DE Nemours Inc. | 0.91% | 150,555 | $13.4M | Reduce -0.3% |
| PFE Pfizer Inc. | 0.88% | 450,664 | $13.0M | Reduce -0.2% |
| MELI MercadoLibre Inc. | 0.88% | 6,349 | $13.0M | Reduce -1.2% |
| NVDA Nvidia Corp. | 0.87% | 106,397 | $12.9M | Reduce -1.1% |
| PDBC Invesco Optimum Yield Divers | 0.86% | 952,205 | $12.8M | Reduce -4.9% |
| ANSS Ansys Inc. | 0.84% | 39,281 | $12.5M | Reduce -0.1% |
| ZTS Zoetis Inc. | 0.83% | 62,922 | $12.3M | Reduce -18.9% |
| V Visa Inc. Class A | 0.82% | 44,300 | $12.2M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.82% | 26,307 | $12.1M | Add +0.3% |
| ADBE Adobe Inc. | 0.81% | 23,323 | $12.1M | Reduce -1.0% |
| UPS United Parcel Service Class B | 0.81% | 88,435 | $12.1M | Reduce -0.3% |
| HON Honeywell International Inc. | 0.81% | 58,191 | $12.0M | Reduce -0.0% |
| PEP Pepsico Inc. | 0.81% | 70,573 | $12.0M | New |
| PAYX Paychex Inc. | 0.80% | 88,740 | $11.9M | Reduce -1.0% |
| HD Home Depot Inc. | 0.80% | 29,271 | $11.9M | Reduce -0.1% |
| ACN Accenture PLC Class A | 0.79% | 33,103 | $11.7M | Reduce -0.9% |
| TMO Thermo Fisher Scientific Inc. | 0.78% | 18,677 | $11.6M | Add +2.1% |
| DUK Duke Energy Corp. | 0.78% | 99,982 | $11.5M | Reduce -1.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.75% | 278,872 | $11.1M | Reduce -0.2% |
| BBY Best Buy Co. Inc. | 0.74% | 106,851 | $11.0M | Reduce -1.5% |
| EMR Emerson Electric Co. | 0.73% | 98,266 | $10.7M | Reduce -1.2% |
| LIN Linde PLC | 0.72% | 22,246 | $10.6M | Reduce -1.1% |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 0.71% | 127,092 | $10.5M | New |
| VWO Vanguard Ftse Emerging Marke | 0.70% | 218,229 | $10.4M | Reduce -4.6% |
| PM Philip Morris International | 0.70% | 84,857 | $10.3M | Reduce -1.4% |
| TLT iShares 20+ Year Treasury BD | 0.69% | 104,861 | $10.3M | Reduce -3.3% |
| IEF iShares 7-10 Year Treasury B | 0.69% | 103,813 | $10.2M | Reduce -2.0% |
| DHR Danaher Corp. | 0.66% | 35,306 | $9.8M | Reduce -0.9% |
| SNOW Snowflake Inc. | 0.62% | 79,984 | $9.2M | Reduce -2.8% |
| AMT American Tower Corp. | 0.61% | 38,955 | $9.1M | Reduce -0.5% |
| PH Parker Hannifin Corp. | 0.60% | 14,146 | $8.9M | Reduce -1.0% |
| AMGN Amgen Inc. | 0.59% | 27,173 | $8.8M | Add +38.4% |
| LYB Lyondellbasell Indu Class A | 0.58% | 89,426 | $8.6M | Reduce -1.5% |
| SPGI S&P Global Inc. | 0.57% | 16,458 | $8.5M | Reduce -0.9% |
| RSG Republic Services Inc. | 0.57% | 42,275 | $8.5M | Reduce -0.9% |
| PWR Quanta Services Inc. | 0.57% | 28,420 | $8.5M | Reduce -1.1% |
| FMX Fomento Economico Mex-SP ADR | 0.57% | 85,685 | $8.5M | Reduce -1.1% |
| SHEL Shell PLC-ADR | 0.57% | 127,814 | $8.4M | Reduce -1.4% |
| VRT Vertiv Holdings Co. Class A | 0.57% | 84,458 | $8.4M | New |
| ASML ASML Holding NV-NY Reg SHS | 0.55% | 9,749 | $8.1M | Reduce -0.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.54% | 17,155 | $8.0M | Reduce -1.1% |
| PDD PDD Holdings Inc. | 0.52% | 57,706 | $7.8M | Reduce -3.3% |
| C Citigroup Inc. | 0.52% | 124,051 | $7.8M | Reduce -1.6% |
| ULTA Ulta Beauty Inc. | 0.51% | 19,558 | $7.6M | Reduce -1.0% |
| CB Chubb Ltd. | 0.50% | 25,498 | $7.4M | Reduce -1.6% |
| LLY Eli Lilly & Co. | 0.49% | 8,218 | $7.3M | Add +720.2% |
| CPNG Coupang Inc. | 0.45% | 269,236 | $6.6M | New |
| HDB HDFC Bank Ltd.-ADR | 0.42% | 99,593 | $6.2M | Reduce -2.1% |
| COP Conocophillips | 0.42% | 58,649 | $6.2M | Reduce -1.1% |
| PANW Palo Alto Networks Inc. | 0.40% | 17,138 | $5.9M | Reduce -1.3% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.39% | 136,093 | $5.7M | Reduce -2.4% |
| XOM Exxon Mobil Corp. | 0.37% | 46,481 | $5.4M | Reduce -0.2% |
| HDV iShares Core High Dividend E | 0.36% | 45,329 | $5.3M | Reduce -2.0% |
| ETN Eaton Corp. PLC | 0.34% | 15,017 | $5.0M | Add +2.3% |
| BLK BlackRock Finance Inc. | 0.31% | 4,837 | $4.6M | Add +3.0% |
| ALL Allstate Corp. | 0.26% | 20,160 | $3.8M | Add +2.5% |
| PPG PPG Industries Inc. | 0.24% | 27,344 | $3.6M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 30,660 | $3.6M | Add +4.5% |
Portfolio Sells Q2 2024 → Q3 2024
| IEFA iShares Core MSCI Eafe ETF | Sold out | 0.00% | −4.97 |
| XLY SS Consumer Disc Select Sect | Reduce -90.5% | 0.12% | −1.10 |
| URNM Sprott Uranium Miners ETF | Sold out | 0.00% | −0.84 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.53 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.50 |
| NKE Nike Inc. Class B | Reduce -96.8% | 0.02% | −0.50 |
| XLI SS Industrial Select Sector | Reduce -81.4% | 0.11% | −0.45 |
| XES SS SPDR S&P Og Eqp & Serv | Sold out | 0.00% | −0.33 |
| RSPD Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.33 |
| BP BP PLC-Spons ADR | Reduce -1.3% | 1.04% | −0.23 |
| SMB Vaneck Short Muni ETF | Sold out | 0.00% | −0.18 |
| JPM JPMorgan Chase & Co. | Reduce -7.2% | 2.02% | −0.17 |
| SNOW Snowflake Inc. | Reduce -2.8% | 0.62% | −0.16 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -0.9% | 0.55% | −0.16 |
| CVX Chevron Corp. | Reduce -1.1% | 1.18% | −0.15 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.3% | 2.30% | −0.14 |
| XLE SS Energy Select Sector | Reduce -3.4% | 1.10% | −0.14 |
| PDBC Invesco Optimum Yield Divers | Reduce -4.9% | 0.86% | −0.13 |
| ZTS Zoetis Inc. | Reduce -18.9% | 0.83% | −0.12 |
| FRT Federal Realty Invs Trust | Reduce -75.4% | 0.04% | −0.12 |
| DEM Wisdomtree Emerging Markets | Sold out | 0.00% | −0.11 |
| ADBE Adobe Inc. | Reduce -1.0% | 0.81% | −0.11 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 1.00% | −0.10 |
| SHEL Shell PLC-ADR | Reduce -1.4% | 0.57% | −0.09 |
| FMX Fomento Economico Mex-SP ADR | Reduce -1.1% | 0.57% | −0.09 |
| GS Goldman Sachs Group Inc. | Reduce -12.0% | 0.94% | −0.08 |
| SLB SLB Ltd. | Reduce -2.4% | 0.39% | −0.08 |
| NVDA Nvidia Corp. | Reduce -1.1% | 0.87% | −0.07 |
| HON Honeywell International Inc. | Reduce -0.0% | 0.81% | −0.07 |
| COP Conocophillips | Reduce -1.1% | 0.42% | −0.06 |
| XLC SS Comm Select Sector SPDR | Reduce -3.1% | 2.15% | −0.05 |
| EMR Emerson Electric Co. | Reduce -1.2% | 0.73% | −0.05 |
| TOTL SS Doubleline TR Tact ETF | Reduce -1.8% | 2.15% | −0.05 |
| ANSS Ansys Inc. | Reduce -0.1% | 0.84% | −0.05 |
| UPS United Parcel Service Class B | Reduce -0.3% | 0.81% | −0.04 |
| HDB HDFC Bank Ltd.-ADR | Reduce -2.1% | 0.42% | −0.04 |
| C Citigroup Inc. | Reduce -1.6% | 0.52% | −0.04 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.04 |
| BAC Bank of America Corp. | Reduce -0.2% | 0.75% | −0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.1% | 0.54% | −0.04 |
| PDD PDD Holdings Inc. | Reduce -3.3% | 0.52% | −0.03 |
| LYB Lyondellbasell Indu Class A | Reduce -1.5% | 0.58% | −0.03 |
| PWSC Powerschool Holdings Inc. Class A | Sold out | 0.00% | −0.03 |
| ZBH Zimmer Biomet Holdings Inc. | Sold out | 0.00% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -5.4% | 1.65% | −0.03 |
| ULTA Ulta Beauty Inc. | Reduce -1.0% | 0.51% | −0.02 |
| ANGL Vaneck Fallen Angel High YLD | Reduce -1.8% | 0.91% | −0.02 |
| JCPB JPMorgan Core Plus Bond ETF | Reduce -1.8% | 0.97% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -1.3% | 0.40% | −0.02 |
| FIVE Five Below | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| KBE SS SPDR S&P Bank ETF | New | 1.34% | +1.34 |
| XLV SS Health Care Select Sector | New | 1.19% | +1.19 |
| XLP SS Consumer Staples Sel Sect | Add +4131.1% | 1.15% | +1.12 |
| NOW ServiceNow Inc. | New | 1.01% | +1.01 |
| V Visa Inc. Class A | New | 0.82% | +0.82 |
| PEP Pepsico Inc. | New | 0.81% | +0.81 |
| XLRE SS Real Estate Select Sector | Add +118.2% | 1.36% | +0.80 |
| EXE Expand Energy Corp. | New | 0.71% | +0.71 |
| VRT Vertiv Holdings Co. Class A | New | 0.57% | +0.57 |
| CPNG Coupang Inc. | New | 0.45% | +0.45 |
| LLY Eli Lilly & Co. | Add +720.2% | 0.49% | +0.43 |
| MCD McDonald's Corp. | Add +10.9% | 1.42% | +0.30 |
| PG The Procter & Gamble Co. | Add +21.4% | 1.06% | +0.19 |
| AMGN Amgen Inc. | Add +38.4% | 0.59% | +0.16 |
| TGT Target Corp. | Add +16.3% | 0.91% | +0.13 |
| UNH Unitedhealth Group Inc. | Add +0.8% | 1.03% | +0.10 |
| AAPL Apple Inc. | Add +2.0% | 1.30% | +0.10 |
| TMO Thermo Fisher Scientific Inc. | Add +2.1% | 0.78% | +0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.3% | 0.82% | +0.06 |
| XLF SS Financial Select Sector | Add +62.3% | 0.12% | +0.05 |
| BLK BlackRock Finance Inc. | Add +3.0% | 0.31% | +0.05 |
| ALL Allstate Corp. | Add +2.5% | 0.26% | +0.04 |
| UHAL.B U-Haul Holding Co.-Non Voting | New | 0.04% | +0.04 |
| MET Metlife Inc. | Add +1.9% | 0.22% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +1.9% | 0.16% | +0.03 |
| ALAB Astera Labs Inc. | New | 0.03% | +0.03 |
| TEM Tempus AI Inc. Class A | New | 0.03% | +0.03 |
| SDY SS SPDR S&P Dividend ETF | New | 0.02% | +0.02 |
| OPCH Option Care Health Inc. | New | 0.02% | +0.02 |
| MRX Marex UK Holdings Ltd. | New | 0.02% | +0.02 |
| CCC CCC Intelligent Solutions Ho | New | 0.02% | +0.02 |
| KO The Coca-Cola Co. | Add +1.5% | 0.23% | +0.02 |
| GEHC GE Healthcare Technology | New | 0.02% | +0.02 |
| ORCL Oracle Corp. | Add +24.4% | 0.06% | +0.02 |
| GPCR Structure Therapeutics Inc. | New | 0.02% | +0.02 |
| SYK Stryker Corp. | New | 0.02% | +0.02 |
| KIE SS SPDR S&P Insurance ETF | New | 0.02% | +0.02 |
| MMM 3M Co. | New | 0.02% | +0.02 |
| CME Cme Group Inc. | Add +3.2% | 0.18% | +0.02 |
| PLD Prologis Inc. | Add +1.8% | 0.18% | +0.02 |
| TJX TJX Companies Inc. | Add +4.5% | 0.24% | +0.02 |
| VKTX Viking Therapeutics Inc. | New | 0.01% | +0.01 |
| XLB SS Materials Select Sector | New | 0.01% | +0.01 |
| CE Celanese Corp. | New | 0.01% | +0.01 |
| ETN Eaton Corp. PLC | Add +2.3% | 0.34% | +0.01 |
| ABT Abbott Laboratories | Add +1.3% | 0.17% | +0.01 |
| UNP Union Pacific Corp. | Add +13.2% | 0.06% | +0.01 |
| CMCSA Comcast Corp. Class A | Add +3.6% | 0.16% | +0.01 |
| SYY Sysco Corp. | Add +1.6% | 0.14% | +0.01 |
| LOW Lowe's Cos Inc. | Add +6.4% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 253 | $1.6B | IEFA, XLK, XLC, MSFT, C |
| Q3 2025 | 244 | $1.6B | IEFA, XLK, MSFT, XLC, AVGO |
| Q2 2025 | 232 | $1.5B | IEFA, MSFT, AVGO, XLK, XLC |
| Q1 2025 | 229 | $1.5B | IEFA, XLC, MSFT, XLK, TOTL |
| Q4 2024 | 242 | $1.5B | IEFA, AVGO, MSFT, XLK, XLC |
| Q3 2024 | 233 | $1.5B | MSFT, XLK, TSM, XLC, TOTL |
| Q2 2024 | 224 | $1.4B | IEFA, MSFT, TSM, XLK, XLC |
| Q1 2024 | 233 | $1.5B | IEFA, MSFT, XLK, XLC, JPM |