Kendall Capital Management
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Kendall Capital Management reported 236 stock positions worth $600.4 million. Its top holding was T.rowe PRC Small-Mid Cap ETF (TMSL) at 5.6% of the portfolio, followed by JPMorgan Int Res Enh Eqty (JIRE, 4.8%) and Fidelity Enhanced Mid Cap (FMDE, 4.5%). Compared with Q1 2026, it opened 22 new positions, sold out of 17, added to 79 and reduced 101. The biggest buy was Fidelity Enhanced Mid Cap (FMDE, shares +1981%) and the biggest sale iShares Russell 2500 ETF (SMMD, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- ROCKVILLE, MD
- CIK
- 0001731372
- Portfolio Value
- $600.4M (Q2 2026)
- SEC Filing
- 0001731372-26-000004 ↗ filed Aug 12, 2026
Holdings Value
Holdings 236 stocks · $600.4M
| TMSL T.rowe PRC Small-Mid Cap ETF | 5.61% | 768,122 | $33.7M | Add +3.6% |
| JIRE JPMorgan Int Res Enh Eqty | 4.81% | 349,767 | $28.9M | Add +4.5% |
| FMDE Fidelity Enhanced Mid Cap Co. | 4.51% | 666,866 | $27.1M | Add +1981.2% |
| DELL Dell Technologies -C | 4.33% | 60,280 | $26.0M | Reduce -5.7% |
| AVGO Broadcom Inc. | 2.88% | 45,720 | $17.3M | Add +2.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.76% | 192,258 | $16.6M | Add +5.0% |
| KLAC KLA Corp. | 2.67% | 53,138 | $16.0M | Reduce -6.7% |
| AVT Avnet Inc. | 2.61% | 176,140 | $15.6M | Add +4.3% |
| VWO Vanguard Ftse Emerging Marke | 2.45% | 246,028 | $14.7M | Add +6.3% |
| JPST JPMorgan Ultra-Short Income | 2.35% | 278,967 | $14.1M | Add +20.8% |
| HPE Hewlett Packard Enterprise | 1.76% | 234,425 | $10.6M | Reduce -6.9% |
| OMC Omnicom Group | 1.54% | 127,322 | $9.3M | Add +24.6% |
| ACMR Acm Research Inc. Class A | 1.54% | 72,820 | $9.2M | Reduce -12.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.26% | 22,069 | $7.6M | Reduce -0.0% |
| AAPL Apple Inc. | 1.23% | 25,526 | $7.4M | Add +20.8% |
| VSEC Vse Corp. | 1.23% | 32,190 | $7.4M | Reduce -8.6% |
| VCTR Victory Capital Holding - A | 1.22% | 87,077 | $7.3M | Reduce -2.1% |
| GOOGL Alphabet Inc. Class A | 1.15% | 19,239 | $6.9M | Add +1.1% |
| CLS Celestica Inc. | 1.14% | 18,812 | $6.9M | Reduce -8.7% |
| SMMD iShares Russell 2500 ETF | 1.12% | 73,607 | $6.7M | Reduce -79.3% |
| FHI Federated Hermes Inc. | 1.12% | 122,110 | $6.7M | Add +26.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.08% | 80,166 | $6.5M | No change |
| ABBV Abbvie Inc. | 1.04% | 24,818 | $6.2M | Reduce -0.5% |
| TDTF NT Iboxx 5Y Dur Tips ETF | 0.92% | 232,247 | $5.5M | Add +19.9% |
| CMI Cummins Inc. | 0.92% | 7,727 | $5.5M | Reduce -2.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.91% | 25,193 | $5.5M | Add +33.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.91% | 14,711 | $5.4M | Add +2.6% |
| ARW Arrow Electronics Inc. | 0.89% | 24,905 | $5.3M | Reduce -1.1% |
| WLY Wiley (john) & Sons Class A | 0.83% | 103,037 | $5.0M | Add +14.5% |
| NVDA Nvidia Corp. | 0.82% | 24,740 | $5.0M | Add +23.7% |
| GEN Gen Digital Inc. | 0.82% | 197,625 | $4.9M | Reduce -2.9% |
| COR Cencora Inc. | 0.81% | 17,265 | $4.9M | Add +0.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.81% | 58,062 | $4.9M | Add +23.1% |
| NXST Nexstar Media Group Inc. | 0.77% | 25,934 | $4.6M | Reduce -10.6% |
| EQH Equitable Holdings Inc. | 0.71% | 96,775 | $4.2M | Reduce -3.1% |
| BWA Borgwarner Inc. | 0.68% | 61,885 | $4.1M | Add +8.4% |
| BMY Bristol-Myers Squibb Co. | 0.66% | 69,150 | $4.0M | Add +12.3% |
| CMRE Costamare Inc. | 0.66% | 282,815 | $4.0M | Add +9.8% |
| MA Mastercard Inc. Class A | 0.65% | 7,549 | $3.9M | Add +8.3% |
| CDW CDW Corp. | 0.60% | 25,485 | $3.6M | Reduce -5.4% |
| R Ryder System Inc. | 0.59% | 13,540 | $3.6M | Reduce -2.2% |
| VVX V2X Inc. | 0.58% | 46,590 | $3.5M | Add +25.5% |
| VTRS Viatris Inc. | 0.57% | 217,370 | $3.5M | Add +4.7% |
| IWC iShares Micro-Cap ETF | 0.57% | 17,252 | $3.5M | Reduce -0.9% |
| TNL Travel + Leisure Co. | 0.57% | 44,600 | $3.4M | Add +7.9% |
| JXN Jackson Financial Inc. Class A | 0.55% | 32,472 | $3.3M | Reduce -5.2% |
| EXPE Expedia Group Inc. | 0.55% | 12,980 | $3.3M | Add +0.2% |
| UTHR United Therapeutics Corp. | 0.53% | 5,881 | $3.2M | Reduce -6.4% |
| ENVA Enova International Inc. | 0.52% | 12,950 | $3.1M | Add +83.0% |
| UNM Unum Group | 0.47% | 31,695 | $2.8M | Reduce -4.9% |
| CSCO Cisco Systems Inc. | 0.45% | 23,236 | $2.7M | Reduce -0.5% |
| MCK McKesson Corp. | 0.45% | 3,540 | $2.7M | Add +6.6% |
| GSK GSK PLC-Spon ADR | 0.44% | 50,941 | $2.7M | Add +16.4% |
| MRK Merck & Co. Inc. | 0.42% | 19,682 | $2.5M | Reduce -0.5% |
| CALM Cal-Maine Foods Inc. | 0.42% | 31,160 | $2.5M | Add +0.7% |
| QCOM Qualcomm Inc. | 0.41% | 13,412 | $2.5M | Reduce -1.1% |
| AAMI Acadian Asset Management Inc. | 0.40% | 33,985 | $2.4M | Reduce -1.4% |
| MAR Marriott International Class A | 0.40% | 6,443 | $2.4M | Add +10.6% |
| URI United Rentals Inc. | 0.39% | 2,087 | $2.4M | Reduce -5.7% |
| HPQ HP Inc. | 0.39% | 107,423 | $2.4M | Add +10.0% |
| JAZZ Jazz Pharmaceuticals PLC | 0.39% | 9,719 | $2.3M | Add +4.0% |
| LRN Stride Inc. | 0.38% | 26,602 | $2.3M | Add +3.8% |
| FDM First Trust Dow J Select Mic | 0.38% | 24,307 | $2.3M | No change |
| PLGO Pelagos Insurance Capital LT | 0.37% | 91,465 | $2.2M | Add +9.8% |
| GRBK Green Brick Partners Inc. | 0.37% | 27,533 | $2.2M | Add +1.8% |
| CBOE Cboe Global Markets Inc. | 0.36% | 8,852 | $2.1M | Add +0.1% |
| UGI Ugi Corp. | 0.35% | 61,578 | $2.1M | Add +25.7% |
| JNJ Johnson & Johnson | 0.34% | 8,136 | $2.1M | No change |
| PSMT Pricesmart Inc. | 0.34% | 10,535 | $2.1M | Reduce -6.7% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.34% | 53,000 | $2.0M | Reduce -19.0% |
| TPR Tapestry Inc. | 0.33% | 13,590 | $2.0M | Reduce -1.5% |
| F Ford Motor Co. filed as FORD MTR CO | 0.32% | 139,258 | $1.9M | Add +30.4% |
| ORLY O'reilly Automotive Inc. | 0.32% | 20,990 | $1.9M | Reduce -4.6% |
| META Meta Platforms Inc. Class A | 0.32% | 3,385 | $1.9M | Reduce -3.1% |
| DLX Deluxe Corp. | 0.31% | 78,776 | $1.9M | Add +73.3% |
| CBNK Capital Bancorp Inc. | 0.31% | 53,000 | $1.9M | Reduce -5.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.30% | 5,953 | $1.8M | Add +0.7% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.29% | 879 | $1.7M | New |
| ALSN Allison Transmission Holding | 0.29% | 15,327 | $1.7M | Reduce -3.1% |
| PR Permian Resources Corp. Class A | 0.29% | 93,745 | $1.7M | Add +1.9% |
| NFG National Fuel Gas Co. | 0.28% | 21,538 | $1.7M | Add +33.5% |
| CRUS Cirrus Logic Inc. | 0.27% | 10,887 | $1.6M | Add +0.8% |
| XSMO Invesco S&P Smallcap Momentu | 0.27% | 17,000 | $1.6M | No change |
| IWB iShares Russell 1000 ETF | 0.26% | 3,818 | $1.6M | Reduce -8.4% |
| ISCG iShares Morningstar Small-Ca | 0.26% | 23,500 | $1.5M | Reduce -0.2% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.25% | 14,000 | $1.5M | No change |
| GLDM SPDR Gold Minishares Trust | 0.25% | 19,124 | $1.5M | Add +12.0% |
| OMF Onemain Holdings Inc. | 0.25% | 24,330 | $1.5M | Add +51.3% |
| CPAY Corpay Inc. | 0.25% | 4,420 | $1.5M | Add +2.3% |
| LRCX Lam Research Corp. | 0.24% | 3,390 | $1.5M | Reduce -4.9% |
| CVSA Covista Inc. | 0.24% | 11,622 | $1.4M | Add +103.5% |
| INCY Incyte Corp. | 0.24% | 12,780 | $1.4M | Add +45.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.24% | 14,994 | $1.4M | Reduce -7.5% |
| PLAB Photronics Inc. | 0.24% | 44,032 | $1.4M | Reduce -3.8% |
| AN Autonation Inc. | 0.24% | 7,660 | $1.4M | Reduce -3.8% |
| VLO Valero Energy Corp. | 0.24% | 5,445 | $1.4M | Reduce -3.9% |
| HCA HCA Healthcare Inc. | 0.23% | 3,585 | $1.4M | Reduce -3.4% |
| LEA Lear Corp. | 0.23% | 10,417 | $1.4M | Add +3.4% |
| HG Hamilton Insurance Grou Class B | 0.23% | 40,469 | $1.4M | Add +6.9% |
| REGN Regeneron Pharmaceuticals | 0.23% | 2,196 | $1.4M | Add +3.8% |
Portfolio Sells Q1 2026 → Q2 2026
| SMMD iShares Russell 2500 ETF | Reduce -79.3% | 1.12% | −4.43 |
| CSGS CSG Systems Intl Inc. | Sold out | 0.00% | −0.91 |
| ACN Accenture PLC Class A | Reduce -22.8% | 0.20% | −0.31 |
| NXST Nexstar Media Group Inc. | Reduce -10.6% | 0.77% | −0.30 |
| UTHR United Therapeutics Corp. | Reduce -6.4% | 0.53% | −0.23 |
| JXN Jackson Financial Inc. Class A | Reduce -5.2% | 0.55% | −0.19 |
| PLAB Photronics Inc. | Reduce -3.8% | 0.24% | −0.14 |
| HCA HCA Healthcare Inc. | Reduce -3.4% | 0.23% | −0.13 |
| ACI Albertsons Cos Inc. Class A | Reduce -38.9% | 0.07% | −0.11 |
| VSEC Vse Corp. | Reduce -8.6% | 1.23% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -42.3% | 0.16% | −0.10 |
| IT Gartner Inc. | Reduce -46.6% | 0.06% | −0.10 |
| TAP Molson Coors Beverage Co. Class B | Reduce -15.7% | 0.16% | −0.10 |
| TMHC Taylor Morrison Home Corp. | Reduce -29.8% | 0.22% | −0.09 |
| ORLY O'reilly Automotive Inc. | Reduce -4.6% | 0.32% | −0.09 |
| META Meta Platforms Inc. Class A | Reduce -3.1% | 0.32% | −0.09 |
| ALSN Allison Transmission Holding | Reduce -3.1% | 0.29% | −0.09 |
| HRB H&R Block Inc. | Reduce -19.0% | 0.34% | −0.09 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -0.0% | 1.26% | −0.09 |
| TNK Teekay Tankers Ltd. Class A | Reduce -0.5% | 0.21% | −0.08 |
| AN Autonation Inc. | Reduce -3.8% | 0.24% | −0.08 |
| FISV Fiserv Inc. | Reduce -54.4% | 0.04% | −0.08 |
| ABBV Abbvie Inc. | Reduce -0.5% | 1.04% | −0.07 |
| CDW CDW Corp. | Reduce -5.4% | 0.60% | −0.07 |
| SM SM Energy Co. | Sold out | 0.00% | −0.07 |
| GILD Gilead Sciences Inc. | Reduce -2.4% | 0.18% | −0.07 |
| TPR Tapestry Inc. | Reduce -1.5% | 0.33% | −0.07 |
| MMS Maximus Inc. | Sold out | 0.00% | −0.07 |
| RITM Rithm Capital Corp. | Reduce -6.8% | 0.20% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -0.5% | 0.42% | −0.07 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -7.5% | 0.24% | −0.06 |
| MSFT Microsoft Corp. | Reduce -4.2% | 0.21% | −0.06 |
| ZD Ziff Davis Inc. | Sold out | 0.00% | −0.06 |
| PRGS Progress Software Corp. | Sold out | 0.00% | −0.06 |
| UPBD Upbound Group Inc. | Reduce -17.8% | 0.21% | −0.06 |
| CBRE CBRE Group Inc. Class A | Reduce -0.8% | 0.22% | −0.06 |
| KHC The Kraft Heinz Co. | Reduce -34.8% | 0.07% | −0.06 |
| BG Bunge Global SA | Reduce -4.7% | 0.10% | −0.05 |
| EQH Equitable Holdings Inc. | Reduce -3.1% | 0.71% | −0.05 |
| SBGI Sinclair Inc. | Sold out | 0.00% | −0.05 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.05 |
| VLO Valero Energy Corp. | Reduce -3.9% | 0.24% | −0.05 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.05 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.05 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -24.5% | 0.09% | −0.05 |
| CLS Celestica Inc. | Reduce -8.7% | 1.14% | −0.05 |
| NOMD Nomad Foods Ltd. | Reduce -33.9% | 0.07% | −0.05 |
| GBX Greenbrier Companies Inc. | Sold out | 0.00% | −0.05 |
| SNY Sanofi-ADR | Sold out | 0.00% | −0.04 |
| IWB iShares Russell 1000 ETF | Reduce -8.4% | 0.26% | −0.04 |
Portfolio Buys Q1 2026 → Q2 2026
| FMDE Fidelity Enhanced Mid Cap Co. | Add +1981.2% | 4.51% | +4.27 |
| AVT Avnet Inc. | Add +4.3% | 2.61% | +0.47 |
| ENVA Enova International Inc. | Add +83.0% | 0.52% | +0.32 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.29% | +0.29 |
| CNM Core & Main Inc. Class A | New | 0.20% | +0.20 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +33.5% | 0.91% | +0.16 |
| AAPL Apple Inc. | Add +20.8% | 1.23% | +0.13 |
| WLY Wiley (john) & Sons Class A | Add +14.5% | 0.83% | +0.13 |
| CMCSA Comcast Corp. Class A | Add +239.3% | 0.22% | +0.13 |
| SCHG Schwab US Large-Cap Growth | New | 0.13% | +0.13 |
| NVDA Nvidia Corp. | Add +23.7% | 0.82% | +0.11 |
| CVSA Covista Inc. | Add +103.5% | 0.24% | +0.11 |
| ANIP Ani Pharmaceuticals Inc. | New | 0.10% | +0.10 |
| COLL Collegium Pharmaceutical Inc. | Add +113.5% | 0.21% | +0.10 |
| VONV Vanguard Russell 1000 Value | New | 0.09% | +0.09 |
| MGA Magna International Inc. | Add +90.0% | 0.20% | +0.09 |
| VEU Vanguard Ftse All-World Ex-U | Add +23.1% | 0.81% | +0.08 |
| SMLF iShares US Smallcap Equity F | New | 0.08% | +0.08 |
| INCY Incyte Corp. | Add +45.1% | 0.24% | +0.07 |
| OMF Onemain Holdings Inc. | Add +51.3% | 0.25% | +0.07 |
| MXL Maxlinear Inc. | New | 0.07% | +0.07 |
| F Ford Motor Co. | Add +30.4% | 0.32% | +0.07 |
| VONG Vanguard Russell 1000 Growth | New | 0.07% | +0.07 |
| UCTT Ultra Clean Holdings Inc. | New | 0.06% | +0.06 |
| VVX V2X Inc. | Add +25.5% | 0.58% | +0.06 |
| DLX Deluxe Corp. | Add +73.3% | 0.31% | +0.06 |
| INTC Intel Corp. | New | 0.06% | +0.06 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.05% | +0.05 |
| SJM The JM Smucker Co. | Add +66.9% | 0.14% | +0.05 |
| BWA Borgwarner Inc. | Add +8.4% | 0.68% | +0.05 |
| PLGO Pelagos Insurance Capital LT | Add +9.8% | 0.37% | +0.04 |
| BLBD Blue Bird Corp. | New | 0.04% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.04% | +0.04 |
| VXUS Vanguard Total Intl Stock | New | 0.04% | +0.04 |
| TMSL T.rowe PRC Small-Mid Cap ETF | Add +3.6% | 5.61% | +0.04 |
| QQQJ Invesco Nasdaq Next Gen 100 | New | 0.04% | +0.04 |
| CSX CSX Corp. | New | 0.04% | +0.04 |
| TROW T Rowe Price Group Inc. | New | 0.04% | +0.04 |
| PHIN Phinia Inc. | New | 0.04% | +0.04 |
| AMZN Amazon.com Inc. | New | 0.04% | +0.04 |
| LNC Lincoln National Corp. | Add +62.0% | 0.15% | +0.04 |
| QRVO Qorvo Inc. | New | 0.04% | +0.04 |
| AVGO Broadcom Inc. | Add +2.0% | 2.88% | +0.04 |
| PG The Procter & Gamble Co. | New | 0.03% | +0.03 |
| GSBD Goldman Sachs BDC Inc. | Add +140.1% | 0.06% | +0.03 |
| DEC Diversified Energy Co. | New | 0.03% | +0.03 |
| JAZZ Jazz Pharmaceuticals PLC | Add +4.0% | 0.39% | +0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +5.0% | 2.76% | +0.03 |
| UAL United Airlines Holdings Inc. | Add +2.3% | 0.13% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +1.1% | 1.15% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 236 | $600.4M | TMSL, JIRE, FMDE, DELL, AVGO |
| Q1 2026 | 231 | $488.0M | TMSL, SMMD, JIRE, AVGO, VUG |
| Q4 2025 | 230 | $478.0M | SMMD, TMSL, JIRE, AVGO, VUG |
| Q3 2025 | 232 | $443.6M | SMMD, JIRE, TMSL, AVGO, VUG |
| Q2 2025 | 225 | $378.1M | SMMD, JIRE, AVGO, VUG, JPST |
| Q1 2025 | 218 | $340.3M | SMMD, JIRE, JPST, AVGO, VUG |
| Q4 2024 | 217 | $341.8M | SMMD, AVGO, VUG, JPST, OMC |
| Q3 2024 | 210 | $323.9M | SMMD, AVGO, OMC, JPST, VSEC |
| Q2 2024 | 209 | $299.9M | SMMD, AVGO, VSEC, JPST, OMC |
| Q1 2024 | 210 | $290.7M | SMMD, VSEC, JPST, AVGO, OMC |