Kendall Capital Management
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Kendall Capital Management reported 210 stock positions worth $290.7 million. Its top holding was iShares Russell 2500 ETF (SMMD) at 3.6% of the portfolio, followed by Vse (VSEC, 3.0%) and JPMorgan Ultra-Short Income (JPST, 2.9%). Compared with Q4 2023, it opened 13 new positions, sold out of 6, added to 69 and reduced 107. The biggest buy was a new position in Vanguard Mrngstar GR ETF-Sui (VUG) and the biggest sale an exit from Celestica (CLS).
- Most Recent 13F
- Q2 2026
- Location
- ROCKVILLE, MD
- CIK
- 0001731372
- Portfolio Value
- $290.7M (Q1 2024)
- SEC Filing
- 0001731372-24-000002 ↗ filed May 10, 2024
Holdings Value
Holdings 210 stocks · $290.7M
| SMMD iShares Russell 2500 ETF | 3.55% | 157,355 | $10.3M | Add +6.1% |
| VSEC Vse Corp. | 2.99% | 108,650 | $8.7M | Reduce -18.4% |
| JPST JPMorgan Ultra-Short Income | 2.92% | 168,256 | $8.5M | Add +2.1% |
| AVGO Broadcom Inc. | 2.81% | 6,153 | $8.2M | Reduce -0.1% |
| OMC Omnicom Group | 2.46% | 74,024 | $7.2M | Add +4.6% |
| ABBV Abbvie Inc. | 2.06% | 32,853 | $6.0M | Reduce -1.8% |
| CDW CDW Corp. | 1.98% | 22,520 | $5.8M | Add +3.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.84% | 22,263 | $5.3M | No change |
| KLAC KLA Corp. | 1.75% | 7,266 | $5.1M | Reduce -5.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.71% | 19,889 | $5.0M | Add +16.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.67% | 14,136 | $4.9M | New |
| AVT Avnet Inc. | 1.67% | 98,033 | $4.9M | Add +22.3% |
| DELL Dell Technologies -C | 1.52% | 38,800 | $4.4M | Reduce -0.2% |
| EQH Equitable Holdings Inc. | 1.43% | 109,295 | $4.2M | Add +9.6% |
| COR Cencora Inc. | 1.39% | 16,654 | $4.0M | Add +4.9% |
| VCTR Victory Capital Holding - A | 1.38% | 94,212 | $4.0M | Reduce -0.3% |
| VTI VG Morningstar TS MKT ETF-US | 1.26% | 14,126 | $3.7M | Reduce -0.9% |
| TDTF NT Iboxx 5Y Dur Tips ETF | 1.23% | 150,854 | $3.6M | Reduce -1.0% |
| AAPL Apple Inc. | 1.19% | 20,189 | $3.5M | Reduce -0.6% |
| JXN Jackson Financial Inc. Class A | 1.13% | 49,550 | $3.3M | Reduce -3.4% |
| ARW Arrow Electronics Inc. | 1.03% | 23,060 | $3.0M | Reduce -2.0% |
| MA Mastercard Inc. Class A | 1.00% | 6,051 | $2.9M | Add +4.9% |
| HPQ HP Inc. | 0.98% | 94,193 | $2.8M | Add +6.9% |
| HPE Hewlett Packard Enterprise | 0.98% | 160,290 | $2.8M | Add +11.8% |
| CMRE Costamare Inc. | 0.92% | 235,500 | $2.7M | Add +9.7% |
| BMY Bristol-Myers Squibb Co. | 0.90% | 48,484 | $2.6M | Add +3.7% |
| CSGS CSG Systems Intl Inc. | 0.87% | 48,870 | $2.5M | Reduce -0.7% |
| IWC iShares Micro-Cap ETF | 0.86% | 20,649 | $2.5M | Add +21.3% |
| NXST Nexstar Media Group Inc. | 0.86% | 14,524 | $2.5M | Reduce -9.4% |
| URI United Rentals Inc. | 0.85% | 3,442 | $2.5M | Reduce -9.7% |
| REGN Regeneron Pharmaceuticals | 0.82% | 2,487 | $2.4M | Reduce -7.8% |
| MRK Merck & Co. Inc. | 0.81% | 17,900 | $2.4M | Reduce -3.9% |
| FISV Fiserv Inc. | 0.81% | 14,648 | $2.3M | Add +3.4% |
| UNM Unum Group | 0.80% | 43,420 | $2.3M | Add +0.5% |
| R Ryder System Inc. | 0.79% | 19,060 | $2.3M | No change |
| CIVI Civitas Resources Inc. | 0.78% | 29,899 | $2.3M | Reduce -1.8% |
| GOOGL Alphabet Inc. Class A | 0.78% | 14,940 | $2.3M | Add +2.4% |
| VTRS Viatris Inc. | 0.75% | 182,135 | $2.2M | Add +9.4% |
| ORLY O'reilly Automotive Inc. | 0.72% | 1,843 | $2.1M | Reduce -2.6% |
| CALM Cal-Maine Foods Inc. | 0.70% | 34,805 | $2.0M | Reduce -1.5% |
| CLS Celestica Inc. | 0.70% | 45,490 | $2.0M | New |
| CMI Cummins Inc. | 0.68% | 6,675 | $2.0M | Add +12.7% |
| ACN Accenture PLC Class A | 0.67% | 5,579 | $1.9M | Reduce -1.2% |
| PAG Penske Automotive Group Inc. | 0.66% | 11,861 | $1.9M | Reduce -5.6% |
| UPBD Upbound Group Inc. | 0.66% | 54,304 | $1.9M | Reduce -3.1% |
| BLDR Builders Firstsource Inc. | 0.66% | 9,135 | $1.9M | Reduce -6.5% |
| M D C HLDGS INC | 0.64% | 29,624 | $1.9M | Reduce -6.5% |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.64% | 140,195 | $1.9M | Add +7.2% |
| OMF Onemain Holdings Inc. | 0.64% | 36,154 | $1.8M | Reduce -4.1% |
| FHI Federated Hermes Inc. | 0.61% | 49,010 | $1.8M | Add +53.5% |
| CHICOPEE BANCORP INC filed as Capital Bancorp Inc MD | 0.60% | 84,190 | $1.8M | Reduce -5.6% |
| IT Gartner Inc. | 0.60% | 3,665 | $1.7M | Add +12.5% |
| AN Autonation Inc. | 0.60% | 10,485 | $1.7M | Reduce -0.9% |
| KHC The Kraft Heinz Co. | 0.60% | 46,974 | $1.7M | Add +17.8% |
| CSCO Cisco Systems Inc. | 0.59% | 34,640 | $1.7M | Add +3.5% |
| CBOE Cboe Global Markets Inc. | 0.59% | 9,330 | $1.7M | Add +4.4% |
| BWA Borgwarner Inc. | 0.55% | 46,190 | $1.6M | Reduce -4.6% |
| WLY Wiley (john) & Sons Class A | 0.55% | 42,080 | $1.6M | Add +20.3% |
| PLAB Photronics Inc. | 0.55% | 56,350 | $1.6M | Add +1.4% |
| HCA HCA Healthcare Inc. | 0.55% | 4,750 | $1.6M | Reduce -5.3% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.52% | 31,005 | $1.5M | Add +19.4% |
| BG Bunge Global SA | 0.51% | 14,445 | $1.5M | Add +15.4% |
| DFS Discover Financial Services | 0.50% | 11,065 | $1.5M | Reduce -12.5% |
| TMHC Taylor Morrison Home Corp. | 0.49% | 22,980 | $1.4M | Reduce -2.3% |
| MEDP Medpace Holdings Inc. | 0.48% | 3,440 | $1.4M | Reduce -3.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.47% | 6,025 | $1.4M | Add +106.0% |
| FDM First Trust Dow J Select Mic | 0.47% | 21,759 | $1.4M | Add +36.6% |
| VLO Valero Energy Corp. | 0.47% | 7,959 | $1.4M | Reduce -4.8% |
| TGNA Tegna Inc. | 0.46% | 90,277 | $1.3M | Reduce -5.4% |
| UTHR United Therapeutics Corp. | 0.45% | 5,652 | $1.3M | Add +34.2% |
| IWF iShares Russell 1000 Growth | 0.45% | 3,838 | $1.3M | Reduce -5.0% |
| VWO Vanguard Ftse Emerging Marke | 0.44% | 30,828 | $1.3M | Add +0.7% |
| AMGN Amgen Inc. | 0.44% | 4,526 | $1.3M | Reduce -2.1% |
| SLM SLM Corp. | 0.43% | 56,785 | $1.2M | Reduce -6.1% |
| ACI Albertsons Cos Inc. Class A | 0.42% | 57,095 | $1.2M | Reduce -0.4% |
| CBRE CBRE Group Inc. Class A | 0.41% | 12,335 | $1.2M | Reduce -23.3% |
| SFM Sprouts Farmers Market Inc. | 0.41% | 18,460 | $1.2M | Reduce -6.8% |
| MCK McKesson Corp. | 0.41% | 2,205 | $1.2M | Add +5.9% |
| BLMN Bloomin' Brands Inc. | 0.40% | 40,285 | $1.2M | Add +14.3% |
| AMN Amn Healthcare Services Inc. | 0.39% | 18,344 | $1.1M | Add +15.7% |
| JNJ Johnson & Johnson | 0.39% | 7,178 | $1.1M | No change |
| GRBK Green Brick Partners Inc. | 0.36% | 17,568 | $1.1M | Add +22.0% |
| ZD Ziff Davis Inc. | 0.36% | 16,573 | $1.0M | Reduce -13.2% |
| JAZZ Jazz Pharmaceuticals PLC | 0.36% | 8,649 | $1.0M | Add +10.9% |
| CARS Cars.com Inc. | 0.36% | 60,090 | $1.0M | Add +41.4% |
| COHU Cohu Inc. | 0.34% | 30,015 | $1.0M | Reduce -7.0% |
| THO Thor Industries Inc. | 0.34% | 8,350 | $980K | Reduce -19.1% |
| VST Vistra Corp. | 0.34% | 14,035 | $978K | Reduce -5.2% |
| CVS CVS Health Corp. | 0.33% | 12,079 | $963K | Reduce -3.8% |
| GLDM SPDR Gold Minishares Trust | 0.33% | 21,870 | $963K | Reduce -0.2% |
| WU Western Union Co. | 0.33% | 68,892 | $963K | Reduce -12.4% |
| TAP Molson Coors Beverage Co. Class B | 0.33% | 14,080 | $947K | Reduce -1.2% |
| MAR Marriott International Class A | 0.32% | 3,733 | $942K | Add +7.3% |
| CMCSA Comcast Corp. Class A | 0.32% | 21,518 | $933K | Reduce -0.7% |
| PBF PBF Energy Inc. Class A | 0.32% | 16,100 | $927K | Reduce -1.9% |
| PFE Pfizer Inc. | 0.32% | 33,176 | $921K | Reduce -31.1% |
| WNC Wabash National Corp. | 0.31% | 30,325 | $908K | Add +40.9% |
| EXPE Expedia Group Inc. | 0.31% | 6,495 | $895K | Add +40.7% |
| FIS Fidelity National Info Serv | 0.30% | 11,945 | $886K | Add +10.3% |
| NAVI Navient Corp. | 0.30% | 50,770 | $883K | Reduce -5.6% |
Portfolio Sells Q4 2023 → Q1 2024
| CLS Celestica Inc. | Sold out | 0.00% | −0.45 |
| VSEC Vse Corp. | Reduce -18.4% | 2.99% | −0.35 |
| AAPL Apple Inc. | Reduce -0.6% | 1.19% | −0.33 |
| CHICOPEE BANCORP INC | Reduce -5.6% | 0.60% | −0.24 |
| HZO Marinemax Inc. | Sold out | 0.00% | −0.23 |
| PFE Pfizer Inc. | Reduce -31.1% | 0.32% | −0.22 |
| TDTF NT Iboxx 5Y Dur Tips ETF | Reduce -1.0% | 1.23% | −0.17 |
| CBRE CBRE Group Inc. Class A | Reduce -23.3% | 0.41% | −0.17 |
| CSGS CSG Systems Intl Inc. | Reduce -0.7% | 0.87% | −0.15 |
| MXL Maxlinear Inc. | Reduce -9.9% | 0.25% | −0.15 |
| ZD Ziff Davis Inc. | Reduce -13.2% | 0.36% | −0.14 |
| THO Thor Industries Inc. | Reduce -19.1% | 0.34% | −0.14 |
| MED Medifast Inc. | Reduce -8.0% | 0.11% | −0.13 |
| CG The Carlyle Group Inc. | Reduce -60.9% | 0.08% | −0.13 |
| BWA Borgwarner Inc. | Reduce -4.6% | 0.55% | −0.12 |
| PAG Penske Automotive Group Inc. | Reduce -5.6% | 0.66% | −0.12 |
| WERN Werner Enterprises Inc. | Sold out | 0.00% | −0.12 |
| WBA Walgreens Boots Alliance Inc. | Reduce -45.5% | 0.08% | −0.11 |
| NXST Nexstar Media Group Inc. | Reduce -9.4% | 0.86% | −0.11 |
| ACN Accenture PLC Class A | Reduce -1.2% | 0.67% | −0.10 |
| INTC Intel Corp. | Reduce -45.9% | 0.08% | −0.10 |
| TGNA Tegna Inc. | Reduce -5.4% | 0.46% | −0.10 |
| COHU Cohu Inc. | Reduce -7.0% | 0.34% | −0.10 |
| REGN Regeneron Pharmaceuticals | Reduce -7.8% | 0.82% | −0.10 |
| TXN Texas Instruments Inc. | Reduce -16.9% | 0.29% | −0.09 |
| CWH Camping World Holdings Inc. Class A | Sold out | 0.00% | −0.09 |
| ACI Albertsons Cos Inc. Class A | Reduce -0.4% | 0.42% | −0.09 |
| ARW Arrow Electronics Inc. | Reduce -2.0% | 1.03% | −0.09 |
| NSC Norfolk Southern Corp. | Reduce -19.0% | 0.29% | −0.09 |
| NAVI Navient Corp. | Reduce -5.6% | 0.30% | −0.09 |
| OMF Onemain Holdings Inc. | Reduce -4.1% | 0.64% | −0.08 |
| CALM Cal-Maine Foods Inc. | Reduce -1.5% | 0.70% | −0.08 |
| UPBD Upbound Group Inc. | Reduce -3.1% | 0.66% | −0.08 |
| IJS iShares S&P Small-Cap 600 Va | Sold out | 0.00% | −0.08 |
| MBUU Malibu Boats Inc. Class A | Reduce -7.2% | 0.14% | −0.08 |
| AMCX AMC Global Media Inc. | Reduce -15.2% | 0.07% | −0.08 |
| AMGN Amgen Inc. | Reduce -2.1% | 0.44% | −0.07 |
| HI Hillenbrand Inc. | Reduce -16.3% | 0.24% | −0.07 |
| DIOD Diodes Inc. | Reduce -5.2% | 0.17% | −0.06 |
| BHF Brighthouse Financial Inc. | Reduce -5.2% | 0.28% | −0.06 |
| ABR Arbor Realty Trust Inc. | Reduce -0.7% | 0.18% | −0.06 |
| CVS CVS Health Corp. | Reduce -3.8% | 0.33% | −0.05 |
| DFS Discover Financial Services | Reduce -12.5% | 0.50% | −0.05 |
| MGA Magna International Inc. | Reduce -7.7% | 0.16% | −0.05 |
| SPGI S&P Global Inc. | Reduce -5.3% | 0.22% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.9% | 1.26% | −0.05 |
| PRGS Progress Software Corp. | Reduce -4.8% | 0.24% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -0.7% | 0.32% | −0.05 |
| AES AES Corp. | Reduce -6.1% | 0.16% | −0.05 |
| DAR Darling Ingredients Inc. | Reduce -13.4% | 0.12% | −0.05 |
Portfolio Buys Q4 2023 → Q1 2024
| VUG Vanguard Mrngstar GR ETF-Sui | New | 1.67% | +1.67 |
| CLS Celestica Inc. | New | 0.70% | +0.70 |
| VYX NCR Voyix Corp. | New | 0.26% | +0.26 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +106.0% | 0.47% | +0.23 |
| PSMT Pricesmart Inc. | New | 0.19% | +0.19 |
| FHI Federated Hermes Inc. | Add +53.5% | 0.61% | +0.19 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +16.7% | 1.71% | +0.17 |
| GMS GMS Inc. | New | 0.16% | +0.16 |
| CHRD Chord Energy Corp. | New | 0.15% | +0.15 |
| EQH Equitable Holdings Inc. | Add +9.6% | 1.43% | +0.14 |
| CMI Cummins Inc. | Add +12.7% | 0.68% | +0.13 |
| COR Cencora Inc. | Add +4.9% | 1.39% | +0.13 |
| TEX Terex Corp. | New | 0.12% | +0.12 |
| WLY Wiley (john) & Sons Class A | Add +20.3% | 0.55% | +0.12 |
| SANM Sanmina Corp. | New | 0.11% | +0.11 |
| META Meta Platforms Inc. Class A | Add +34.9% | 0.28% | +0.11 |
| AVT Avnet Inc. | Add +22.3% | 1.67% | +0.10 |
| WNC Wabash National Corp. | Add +40.9% | 0.31% | +0.10 |
| ALSN Allison Transmission Holding | New | 0.09% | +0.09 |
| IWC iShares Micro-Cap ETF | Add +21.3% | 0.86% | +0.09 |
| FDM First Trust Dow J Select Mic | Add +36.6% | 0.47% | +0.09 |
| UTHR United Therapeutics Corp. | Add +34.2% | 0.45% | +0.09 |
| OMC Omnicom Group | Add +4.6% | 2.46% | +0.09 |
| ICLR Icon PLC | New | 0.08% | +0.08 |
| ORCL Oracle Corp. | New | 0.08% | +0.08 |
| WMT Walmart Inc. | New | 0.08% | +0.08 |
| FISV Fiserv Inc. | Add +3.4% | 0.81% | +0.07 |
| GRBK Green Brick Partners Inc. | Add +22.0% | 0.36% | +0.07 |
| KLG WK Kellogg Co. | New | 0.07% | +0.07 |
| OGN Organon & Co. | Add +13.9% | 0.28% | +0.07 |
| TPR Tapestry Inc. | Add +38.7% | 0.17% | +0.06 |
| CDW CDW Corp. | Add +3.5% | 1.98% | +0.06 |
| LRN Stride Inc. | Add +64.6% | 0.17% | +0.06 |
| FIS Fidelity National Info Serv | Add +10.3% | 0.30% | +0.05 |
| CMRE Costamare Inc. | Add +9.7% | 0.92% | +0.05 |
| TNK Teekay Tankers Ltd. Class A | Add +26.8% | 0.20% | +0.05 |
| VTRS Viatris Inc. | Add +9.4% | 0.75% | +0.05 |
| MA Mastercard Inc. Class A | Add +4.9% | 1.00% | +0.05 |
| UNM Unum Group | Add +0.5% | 0.80% | +0.04 |
| CARS Cars.com Inc. | Add +41.4% | 0.36% | +0.04 |
| LEA Lear Corp. | Add +42.3% | 0.19% | +0.04 |
| HRB H&R Block Inc. | Add +19.4% | 0.52% | +0.04 |
| EXPE Expedia Group Inc. | Add +40.7% | 0.31% | +0.04 |
| APO Apollo Global Management Inc. | Add +8.5% | 0.26% | +0.04 |
| MCK McKesson Corp. | Add +5.9% | 0.41% | +0.03 |
| HPE Hewlett Packard Enterprise | Add +11.8% | 0.98% | +0.03 |
| JBI Janus International Group Inc. | Add +41.8% | 0.10% | +0.03 |
| CPAY Corpay Inc. | Add +17.2% | 0.26% | +0.03 |
| IT Gartner Inc. | Add +12.5% | 0.60% | +0.03 |
| KHC The Kraft Heinz Co. | Add +17.8% | 0.60% | +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 |