Kanawha Capital Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), Kanawha Capital Management LLC reported 216 stock positions worth $1.4 billion. Its top holding was Microsoft (MSFT) at 7.3% of the portfolio, followed by Apple (AAPL, 5.6%) and Oracle (ORCL, 3.8%). Compared with Q2 2025, it opened 11 new positions, sold out of 8, added to 57 and reduced 104. The biggest buy was Alphabet Class A (GOOGL, shares +1%) and the biggest sale Automatic Data Processing (ADP, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- RICHMOND, VA
- CIK
- 0001164478
- Portfolio Value
- $1.4B (Q3 2025)
- SEC Filing
- 0001164478-25-000008 ↗ filed Oct 31, 2025
Holdings Value
Holdings 216 stocks · $1.4B
| MSFT Microsoft Corp. | 7.31% | 204,071 | $105.7M | Reduce -1.3% |
| AAPL Apple Inc. | 5.64% | 320,252 | $81.5M | Reduce -0.1% |
| ORCL Oracle Corp. | 3.83% | 197,038 | $55.4M | Reduce -2.2% |
| JPM JPMorgan Chase & Co. | 3.00% | 137,479 | $43.4M | Reduce -0.1% |
| LOW Lowe's Cos Inc. | 2.95% | 169,887 | $42.7M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 2.70% | 160,232 | $39.0M | Add +0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.56% | 73,664 | $37.0M | Reduce -1.1% |
| IVV iShares Core S&P 500 ETF | 2.45% | 53,002 | $35.5M | Reduce -0.7% |
| ADP Automatic Data Processing | 2.31% | 113,880 | $33.4M | Reduce -0.9% |
| ABBV Abbvie Inc. | 2.29% | 143,105 | $33.1M | Reduce -0.9% |
| RTX RTX Corp. | 1.99% | 171,940 | $28.8M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 1.93% | 181,518 | $27.9M | Reduce -2.1% |
| JNJ Johnson & Johnson | 1.91% | 148,631 | $27.6M | Reduce -1.0% |
| IJH iShares Core S&P Midcap ETF | 1.80% | 399,651 | $26.1M | Add +0.2% |
| MCD McDonald's Corp. | 1.73% | 82,263 | $25.0M | Reduce -0.6% |
| ABT Abbott Laboratories | 1.63% | 176,256 | $23.6M | Reduce -0.6% |
| ITW Illinois Tool Works | 1.61% | 88,959 | $23.2M | Add +0.3% |
| VEA Vanguard Ftse Developed ETF | 1.54% | 372,068 | $22.3M | Add +1.1% |
| CSCO Cisco Systems Inc. | 1.47% | 309,492 | $21.2M | Add +0.2% |
| APH Amphenol Corp. Class A | 1.46% | 170,821 | $21.1M | Add +0.2% |
| ECL Ecolab Inc. | 1.39% | 73,214 | $20.1M | Reduce -0.1% |
| PH Parker Hannifin Corp. | 1.30% | 24,807 | $18.8M | Reduce -1.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.26% | 64,622 | $18.2M | Reduce -0.3% |
| CVX Chevron Corp. | 1.22% | 113,557 | $17.6M | Add +2.4% |
| PEP Pepsico Inc. | 1.22% | 125,238 | $17.6M | Reduce -1.3% |
| IWM iShares Russell 2000 ETF | 1.21% | 72,413 | $17.5M | Reduce -0.5% |
| CB Chubb Ltd. | 1.17% | 59,923 | $16.9M | Add +0.1% |
| COST Costco Wholesale Corp. | 1.16% | 18,175 | $16.8M | Add +4.6% |
| AMZN Amazon.com Inc. | 1.16% | 76,573 | $16.8M | Add +2.1% |
| XOM Exxon Mobil Corp. | 1.09% | 139,983 | $15.8M | Reduce -4.1% |
| BDX Becton Dickinson and Co. | 1.06% | 82,068 | $15.4M | Add +1.5% |
| NSC Norfolk Southern Corp. | 1.06% | 50,871 | $15.3M | Reduce -3.0% |
| QCOM Qualcomm Inc. | 0.98% | 85,395 | $14.2M | Reduce -0.0% |
| CAT Caterpillar Inc. | 0.91% | 27,631 | $13.2M | Reduce -1.3% |
| APD Air Products & Chemicals Inc. | 0.90% | 47,892 | $13.1M | Add +1.2% |
| D Dominion Energy Inc. | 0.90% | 213,407 | $13.1M | Add +3.5% |
| NKE Nike Inc. Class B | 0.90% | 185,908 | $13.0M | Add +1.1% |
| KO The Coca-Cola Co. | 0.82% | 178,909 | $11.9M | Reduce -2.1% |
| MDT Medtronic PLC | 0.80% | 121,159 | $11.5M | Add +0.6% |
| SO The Southern Co. | 0.78% | 119,547 | $11.3M | Add +0.5% |
| USB US Bancorp | 0.78% | 233,133 | $11.3M | Add +3.1% |
| HD Home Depot Inc. | 0.77% | 27,492 | $11.1M | Add +0.2% |
| NVDA Nvidia Corp. | 0.75% | 58,320 | $10.9M | Add +3.1% |
| VZ Verizon Communications Inc. | 0.74% | 243,040 | $10.7M | Add +2.8% |
| MMM 3M Co. | 0.70% | 65,403 | $10.1M | Reduce -2.7% |
| EMR Emerson Electric Co. | 0.68% | 74,445 | $9.8M | Reduce -0.2% |
| TFC Truist Financial Corp. | 0.67% | 212,994 | $9.7M | Reduce -6.8% |
| AVGO Broadcom Inc. | 0.67% | 29,199 | $9.6M | Add +0.9% |
| XLK SS Technology Select Sector | 0.66% | 33,942 | $9.6M | Reduce -0.5% |
| TGT Target Corp. | 0.62% | 99,551 | $8.9M | Add +0.7% |
| COF Capital One Financial Corp. | 0.58% | 39,275 | $8.3M | Add +2.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.57% | 12,400 | $8.3M | Reduce -0.2% |
| CARR Carrier Global Corp. | 0.55% | 132,002 | $7.9M | Add +2.5% |
| SPGI S&P Global Inc. | 0.52% | 15,347 | $7.5M | Add +7.0% |
| NDAQ Nasdaq Inc. | 0.50% | 81,821 | $7.2M | Reduce -1.3% |
| BLK BlackRock Inc. | 0.50% | 6,177 | $7.2M | Add +2.3% |
| VNQ Vanguard Real Estate ETF | 0.49% | 77,757 | $7.1M | Add +1.5% |
| PFE Pfizer Inc. | 0.49% | 278,676 | $7.1M | Reduce -1.6% |
| WMT Walmart Inc. | 0.45% | 63,768 | $6.6M | Add +3.9% |
| DE Deere & Co. | 0.44% | 13,922 | $6.4M | Reduce -6.9% |
| VWO Vanguard Ftse Emerging Marke | 0.43% | 113,840 | $6.2M | Reduce -0.6% |
| XYL Xylem Inc. | 0.42% | 41,511 | $6.1M | Reduce -0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.42% | 53,327 | $6.1M | Add +0.5% |
| CL Colgate-Palmolive Co. | 0.40% | 72,551 | $5.8M | Reduce -2.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.39% | 71,745 | $5.6M | Add +0.8% |
| AXP American Express Co. | 0.39% | 16,758 | $5.6M | Add +2.6% |
| BSV Vanguard Short-Term Bond ETF | 0.38% | 69,941 | $5.5M | Reduce -2.3% |
| LLY Eli Lilly & Co. | 0.35% | 6,690 | $5.1M | Add +28.5% |
| GPC Genuine Parts Co. | 0.35% | 36,694 | $5.1M | Add +2.3% |
| VONV Vanguard Russell 1000 Value | 0.35% | 55,808 | $5.0M | Add +2.2% |
| IJR iShares Core S&P Small-Cap E | 0.33% | 40,221 | $4.8M | Reduce -1.6% |
| KMB Kimberly-Clark Corp. | 0.32% | 37,305 | $4.6M | Reduce -6.4% |
| MET Metlife Inc. | 0.32% | 56,208 | $4.6M | Reduce -2.0% |
| NTRS Northern Trust Corp. | 0.31% | 33,236 | $4.5M | Reduce -0.4% |
| OTIS Otis Worldwide Corp. | 0.29% | 46,288 | $4.2M | Reduce -3.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.28% | 6,692 | $4.0M | Add +0.6% |
| COP Conocophillips | 0.25% | 37,876 | $3.6M | Add +1.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.23% | 38,202 | $3.3M | Reduce -0.5% |
| GE General Electric filed as GE AEROSPACE | 0.22% | 10,659 | $3.2M | Add +1.1% |
| T AT&T Inc. | 0.22% | 111,722 | $3.2M | Add +1.3% |
| UL Unilever PLC | 0.19% | 45,230 | $2.7M | Reduce -0.0% |
| IWD iShares Russell 1000 Value E | 0.19% | 13,148 | $2.7M | Reduce -2.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.17% | 22,067 | $2.4M | Add +0.0% |
| SHEL Shell PLC-ADR | 0.16% | 31,803 | $2.3M | Reduce -3.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.16% | 31,815 | $2.3M | Reduce -0.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.16% | 3 | $2.3M | No change |
| IWP iShares Russell Mid-Cap Grow | 0.16% | 15,824 | $2.3M | No change |
| XLF SS Financial Select Sector | 0.15% | 40,805 | $2.2M | Reduce -0.8% |
| XLV SS Health Care Select Sector | 0.15% | 15,600 | $2.2M | Reduce -0.5% |
| ACN Accenture PLC Class A | 0.15% | 8,758 | $2.2M | Reduce -0.8% |
| CTAS Cintas Corp. | 0.14% | 10,180 | $2.1M | Reduce -1.1% |
| TT Trane Technologies PLC | 0.14% | 4,664 | $2.0M | Reduce -0.6% |
| GOOG Alphabet Inc. Class C | 0.13% | 7,813 | $1.9M | Reduce -0.3% |
| IWF iShares Russell 1000 Growth | 0.13% | 4,017 | $1.9M | Reduce -1.0% |
| PEG Public Service Enterprise GP | 0.13% | 21,884 | $1.8M | Add +1.1% |
| KVUE Kenvue Inc. | 0.11% | 101,638 | $1.6M | Reduce -7.6% |
| CSX CSX Corp. | 0.11% | 45,945 | $1.6M | Reduce -7.6% |
| TXN Texas Instruments Inc. | 0.11% | 8,858 | $1.6M | Reduce -11.1% |
| BMY Bristol-Myers Squibb Co. | 0.11% | 35,119 | $1.6M | Reduce -7.0% |
| IAU iShares Gold Trust | 0.10% | 20,287 | $1.5M | Add +0.0% |
Portfolio Sells Q2 2025 → Q3 2025
| ADP Automatic Data Processing | Reduce -0.9% | 2.31% | −0.31 |
| MSFT Microsoft Corp. | Reduce -1.3% | 7.31% | −0.31 |
| PG The Procter & Gamble Co. | Reduce -2.1% | 1.93% | −0.26 |
| ABT Abbott Laboratories | Reduce -0.6% | 1.63% | −0.15 |
| IBM Intl Business Machines Corp. | Reduce -0.3% | 1.26% | −0.15 |
| KO The Coca-Cola Co. | Reduce -2.1% | 0.82% | −0.14 |
| DE Deere & Co. | Reduce -6.9% | 0.44% | −0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 2.56% | −0.12 |
| CL Colgate-Palmolive Co. | Reduce -2.3% | 0.40% | −0.10 |
| ECL Ecolab Inc. | Reduce -0.1% | 1.39% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -4.1% | 1.09% | −0.07 |
| MCD McDonald's Corp. | Reduce -0.6% | 1.73% | −0.06 |
| EMR Emerson Electric Co. | Reduce -0.2% | 0.68% | −0.06 |
| KMB Kimberly-Clark Corp. | Reduce -6.4% | 0.32% | −0.06 |
| OTIS Otis Worldwide Corp. | Reduce -3.1% | 0.29% | −0.06 |
| KVUE Kenvue Inc. | Reduce -7.6% | 0.11% | −0.06 |
| MMM 3M Co. | Reduce -2.7% | 0.70% | −0.06 |
| TFC Truist Financial Corp. | Reduce -6.8% | 0.67% | −0.05 |
| NDAQ Nasdaq Inc. | Reduce -1.3% | 0.50% | −0.05 |
| ACN Accenture PLC Class A | Reduce -0.8% | 0.15% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -11.1% | 0.11% | −0.04 |
| BSV Vanguard Short-Term Bond ETF | Reduce -2.3% | 0.38% | −0.04 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.03 |
| DOV Dover Corp. | Reduce -8.4% | 0.09% | −0.03 |
| HES Hess Corp. | Sold out | 0.00% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -0.0% | 0.98% | −0.03 |
| CTAS Cintas Corp. | Reduce -1.1% | 0.14% | −0.03 |
| SLB SLB Ltd. | Reduce -23.1% | 0.07% | −0.03 |
| PEP Pepsico Inc. | Reduce -1.3% | 1.22% | −0.02 |
| MET Metlife Inc. | Reduce -2.0% | 0.32% | −0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -7.0% | 0.11% | −0.02 |
| UL Unilever PLC | Reduce -0.0% | 0.19% | −0.02 |
| PM Philip Morris International | Reduce -1.4% | 0.09% | −0.02 |
| RDVY First Trust Rising Dividend | Sold out | 0.00% | −0.02 |
| SCHW Schwab (charles) Corp. | Reduce -19.3% | 0.07% | −0.02 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.02 |
| PFE Pfizer Inc. | Reduce -1.6% | 0.49% | −0.02 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.02 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.02 |
| TT Trane Technologies PLC | Reduce -0.6% | 0.14% | −0.02 |
| SUN Sunoco LP | Sold out | 0.00% | −0.02 |
| SHEL Shell PLC-ADR | Reduce -3.6% | 0.16% | −0.01 |
| V Visa Inc. Class A | Reduce -2.1% | 0.08% | −0.01 |
| UPS United Parcel Service Class B | Reduce -2.8% | 0.03% | −0.01 |
| DXJ Wisdomtree Japan Hedged Eq | Reduce -26.6% | 0.03% | −0.01 |
| AIT Applied Industrial Tech Inc. | Reduce -18.2% | 0.06% | −0.01 |
| MINT PIMCO Enhanced Short Maturit | Reduce -7.1% | 0.06% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -33.7% | 0.02% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -2.6% | 0.19% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | Add +0.9% | 2.70% | +0.62 |
| APH Amphenol Corp. Class A | Add +0.2% | 1.46% | +0.21 |
| NVDA Nvidia Corp. | Add +3.1% | 0.75% | +0.09 |
| AVGO Broadcom Inc. | Add +0.9% | 0.67% | +0.07 |
| TOWN Towne Bank | New | 0.07% | +0.07 |
| LLY Eli Lilly & Co. | Add +28.5% | 0.35% | +0.05 |
| CVX Chevron Corp. | Add +2.4% | 1.22% | +0.04 |
| D Dominion Energy Inc. | Add +3.5% | 0.90% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +60.0% | 0.09% | +0.04 |
| AAAU Goldman Sachs Physical Gold | New | 0.03% | +0.03 |
| BDX Becton Dickinson and Co. | Add +1.5% | 1.06% | +0.03 |
| GPC Genuine Parts Co. | Add +2.3% | 0.35% | +0.03 |
| BLK BlackRock Inc. | Add +2.3% | 0.50% | +0.03 |
| HD Home Depot Inc. | Add +0.2% | 0.77% | +0.02 |
| USB US Bancorp | Add +3.1% | 0.78% | +0.02 |
| TSLA Tesla Inc. | New | 0.02% | +0.02 |
| GE General Electric | Add +1.1% | 0.22% | +0.02 |
| WELL Welltower Inc. | New | 0.02% | +0.02 |
| MDT Medtronic PLC | Add +0.6% | 0.80% | +0.02 |
| ENB Enbridge Inc. | New | 0.02% | +0.02 |
| K Kellanova | New | 0.02% | +0.02 |
| BNY Bank of New York Mellon Corp. | Add +0.0% | 0.17% | +0.02 |
| EPD Enterprise Products Partners | New | 0.02% | +0.02 |
| STX Seagate Technology Holdings | New | 0.02% | +0.02 |
| HSY The Hershey Co. | New | 0.02% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | New | 0.02% | +0.02 |
| ROM Proshares Ultra Technology | New | 0.01% | +0.01 |
| DUK Duke Energy Corp. | Add +20.5% | 0.08% | +0.01 |
| WMT Walmart Inc. | Add +3.9% | 0.45% | +0.01 |
| MO Altria Group Inc. | Add +5.9% | 0.09% | +0.01 |
| IAU iShares Gold Trust | Add +0.0% | 0.10% | +0.01 |
| GLD SPDR Gold Shares | Add +0.3% | 0.10% | +0.01 |
| GEV GE Vernova Inc. | Add +0.3% | 0.10% | +0.01 |
| IBB iShares Biotechnology ETF | Add +0.9% | 0.09% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.6% | 0.28% | +0.01 |
| WFC Wells Fargo & Co. | Add +8.8% | 0.09% | +0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +0.8% | 0.39% | +0.01 |
| AEP American Electric Power | Add +25.8% | 0.02% | +0.00 |
| CVS CVS Health Corp. | Add +17.6% | 0.02% | +0.00 |
| BIV Vanguard Intermediate-Term B | Add +12.8% | 0.04% | +0.00 |
| VOX Vanguard Communication Servi | Add +10.9% | 0.02% | +0.00 |
| AMGN Amgen Inc. | Add +12.4% | 0.03% | +0.00 |
| MCK McKesson Corp. | Add +3.9% | 0.04% | +0.00 |
| VONV Vanguard Russell 1000 Value | Add +2.2% | 0.35% | +0.00 |
| COP Conocophillips | Add +1.6% | 0.25% | 0.00 |
| META Meta Platforms Inc. Class A | Add +7.7% | 0.06% | 0.00 |
| FLOT iShares Floating Rate Bond E | Add +7.0% | 0.09% | 0.00 |
| MRK Merck & Co. Inc. | Add +1.1% | 0.08% | 0.00 |
| AXP American Express Co. | Add +2.6% | 0.39% | −0.00 |
| PEG Public Service Enterprise GP | Add +1.1% | 0.13% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 228 | $1.5B | AAPL, MSFT, GOOGL, JPM, IVV |
| Q1 2026 | 221 | $1.4B | AAPL, MSFT, GOOGL, JPM, LOW |
| Q4 2025 | 221 | $1.5B | MSFT, AAPL, GOOGL, JPM, LOW |
| Q3 2025 | 216 | $1.4B | MSFT, AAPL, ORCL, JPM, LOW |
| Q2 2025 | 213 | $1.3B | MSFT, AAPL, ORCL, JPM, LOW |
| Q1 2025 | 212 | $1.3B | MSFT, AAPL, LOW, BRK.B, ADP |
| Q4 2024 | 210 | $1.3B | MSFT, AAPL, LOW, ADP, BRK.B |
| Q3 2024 | 230 | $1.4B | MSFT, AAPL, LOW, ORCL, BRK.B |
| Q2 2024 | 229 | $1.3B | MSFT, AAPL, LOW, IVV, PG |
| Q1 2024 | 218 | $1.3B | MSFT, AAPL, LOW, BRK.B, ADP |