Kendall Capital Management
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), Kendall Capital Management reported 210 stock positions worth $323.9 million. Its top holding was iShares Russell 2500 ETF (SMMD) at 3.7% of the portfolio, followed by Broadcom (AVGO, 3.4%) and Omnicom (OMC, 2.6%). Compared with Q2 2024, it opened 8 new positions, sold out of 7, added to 70 and reduced 104. The biggest buy was a new position in JPMorgan Int Res Enh Eqty (JIRE) and the biggest sale Vse (VSEC, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- ROCKVILLE, MD
- CIK
- 0001731372
- Portfolio Value
- $323.9M (Q3 2024)
- SEC Filing
- 0001731372-24-000005 ↗ filed Nov 8, 2024
Holdings Value
Holdings 210 stocks · $323.9M
| SMMD iShares Russell 2500 ETF | 3.71% | 177,555 | $12.0M | Add +5.7% |
| AVGO Broadcom Inc. | 3.39% | 63,670 | $11.0M | Reduce -1.8% |
| OMC Omnicom Group | 2.63% | 82,320 | $8.5M | Add +2.3% |
| JPST JPMorgan Ultra-Short Income | 2.46% | 157,120 | $8.0M | Add +1.6% |
| VSEC Vse Corp. | 2.29% | 89,650 | $7.4M | Reduce -10.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.19% | 18,452 | $7.1M | Add +12.1% |
| AVT Avnet Inc. | 2.13% | 127,005 | $6.9M | Add +6.9% |
| ABBV Abbvie Inc. | 1.95% | 32,052 | $6.3M | Reduce -2.1% |
| IEFA iShares Core MSCI Eafe ETF | 1.86% | 77,275 | $6.0M | Add +0.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.80% | 22,158 | $5.8M | No change |
| CDW CDW Corp. | 1.78% | 25,462 | $5.8M | Add +4.8% |
| KLAC KLA Corp. | 1.65% | 6,921 | $5.4M | Reduce -1.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.63% | 20,042 | $5.3M | Add +0.8% |
| VCTR Victory Capital Holding - A | 1.59% | 93,034 | $5.2M | Reduce -2.0% |
| DELL Dell Technologies -C | 1.50% | 41,120 | $4.9M | Add +12.6% |
| EQH Equitable Holdings Inc. | 1.49% | 115,199 | $4.8M | Add +2.2% |
| AAPL Apple Inc. | 1.45% | 20,159 | $4.7M | Reduce -0.3% |
| JXN Jackson Financial Inc. Class A | 1.43% | 50,677 | $4.6M | Add +0.6% |
| HPE Hewlett Packard Enterprise | 1.24% | 195,730 | $4.0M | Add +5.6% |
| COR Cencora Inc. | 1.20% | 17,309 | $3.9M | Add +1.3% |
| VTI VG Morningstar TS MKT ETF-US | 1.20% | 13,723 | $3.9M | Reduce -2.5% |
| HPQ HP Inc. | 1.18% | 106,860 | $3.8M | Add +2.8% |
| CMRE Costamare Inc. | 1.17% | 241,004 | $3.8M | Reduce -1.7% |
| TDTF NT Iboxx 5Y Dur Tips ETF | 0.99% | 133,458 | $3.2M | Reduce -0.3% |
| WLY Wiley (john) & Sons Class A | 0.99% | 66,587 | $3.2M | Add +10.4% |
| MA Mastercard Inc. Class A | 0.96% | 6,306 | $3.1M | Add +3.4% |
| ARW Arrow Electronics Inc. | 0.96% | 23,340 | $3.1M | Add +0.3% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.89% | 45,545 | $2.9M | Add +7.7% |
| IWC iShares Micro-Cap ETF | 0.85% | 22,363 | $2.8M | Add +7.7% |
| GOOGL Alphabet Inc. Class A | 0.85% | 16,600 | $2.8M | Add +5.3% |
| FISV Fiserv Inc. | 0.84% | 15,148 | $2.7M | Add +1.8% |
| IT Gartner Inc. | 0.83% | 5,297 | $2.7M | Add +18.7% |
| CALM Cal-Maine Foods Inc. | 0.82% | 35,275 | $2.6M | Reduce -0.3% |
| UNM Unum Group | 0.80% | 43,640 | $2.6M | Add +0.1% |
| R Ryder System Inc. | 0.80% | 17,670 | $2.6M | Reduce -6.5% |
| URI United Rentals Inc. | 0.78% | 3,139 | $2.5M | Reduce -5.3% |
| CMI Cummins Inc. | 0.77% | 7,702 | $2.5M | Add +3.9% |
| REGN Regeneron Pharmaceuticals | 0.76% | 2,347 | $2.5M | Reduce -2.9% |
| KHC The Kraft Heinz Co. | 0.76% | 69,885 | $2.5M | Add +9.1% |
| VTRS Viatris Inc. | 0.75% | 209,970 | $2.4M | Add +4.8% |
| UTHR United Therapeutics Corp. | 0.72% | 6,542 | $2.3M | Add +5.5% |
| BMY Bristol-Myers Squibb Co. | 0.71% | 44,647 | $2.3M | Reduce -4.9% |
| MRK Merck & Co. Inc. | 0.69% | 19,785 | $2.2M | Add +4.4% |
| CSGS CSG Systems Intl Inc. | 0.69% | 45,885 | $2.2M | Reduce -5.5% |
| CLS Celestica Inc. | 0.69% | 43,540 | $2.2M | Reduce -2.1% |
| FHI Federated Hermes Inc. | 0.66% | 58,135 | $2.1M | Reduce -0.2% |
| JIRE JPMorgan Int Res Enh Eqty | 0.65% | 31,896 | $2.1M | New |
| ORLY O'reilly Automotive Inc. | 0.64% | 1,793 | $2.1M | Reduce -1.9% |
| CBOE Cboe Global Markets Inc. | 0.60% | 9,445 | $1.9M | Add +0.4% |
| HCA HCA Healthcare Inc. | 0.58% | 4,655 | $1.9M | Reduce -1.5% |
| ACN Accenture PLC Class A | 0.58% | 5,332 | $1.9M | Reduce -4.4% |
| CSCO Cisco Systems Inc. | 0.58% | 35,014 | $1.9M | Add +1.0% |
| NXST Nexstar Media Group Inc. | 0.56% | 11,024 | $1.8M | Reduce -0.8% |
| CBNK Capital Bancorp Inc. | 0.56% | 70,140 | $1.8M | Reduce -13.6% |
| UPBD Upbound Group Inc. | 0.55% | 56,080 | $1.8M | Add +3.7% |
| AN Autonation Inc. | 0.53% | 9,570 | $1.7M | Reduce -5.0% |
| BWA Borgwarner Inc. | 0.53% | 47,170 | $1.7M | Reduce -0.3% |
| LRN Stride Inc. | 0.49% | 18,590 | $1.6M | Add +25.4% |
| BLDR Builders Firstsource Inc. | 0.48% | 8,100 | $1.6M | Reduce -7.7% |
| TMHC Taylor Morrison Home Corp. | 0.48% | 21,975 | $1.5M | Reduce -3.1% |
| PAG Penske Automotive Group Inc. | 0.47% | 9,445 | $1.5M | Reduce -15.2% |
| CIVI Civitas Resources Inc. | 0.46% | 29,500 | $1.5M | Reduce -1.3% |
| CBRE CBRE Group Inc. Class A | 0.46% | 11,950 | $1.5M | Reduce -0.8% |
| GRBK Green Brick Partners Inc. | 0.46% | 17,703 | $1.5M | Reduce -1.0% |
| SFM Sprouts Farmers Market Inc. | 0.45% | 13,290 | $1.5M | Reduce -16.7% |
| VWO Vanguard Ftse Emerging Marke | 0.45% | 30,584 | $1.5M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.44% | 6,025 | $1.4M | No change |
| FDM First Trust Dow J Select Mic | 0.43% | 21,907 | $1.4M | Add +0.7% |
| BG Bunge Global SA | 0.43% | 14,455 | $1.4M | Reduce -0.1% |
| F Ford Motor Co. filed as FORD MTR CO | 0.42% | 129,995 | $1.4M | Reduce -8.6% |
| OMF Onemain Holdings Inc. | 0.42% | 28,903 | $1.4M | Reduce -14.6% |
| MCK McKesson Corp. | 0.42% | 2,720 | $1.3M | Add +8.4% |
| PLAB Photronics Inc. | 0.41% | 53,020 | $1.3M | Reduce -8.6% |
| CARS Cars.com Inc. | 0.40% | 77,385 | $1.3M | Add +19.1% |
| VST Vistra Corp. | 0.40% | 10,875 | $1.3M | Reduce -14.9% |
| SLM SLM Corp. | 0.40% | 56,085 | $1.3M | Reduce -0.4% |
| AMGN Amgen Inc. | 0.39% | 3,940 | $1.3M | Reduce -4.1% |
| JNJ Johnson & Johnson | 0.38% | 7,553 | $1.2M | Add +0.1% |
| EXPE Expedia Group Inc. | 0.36% | 7,965 | $1.2M | Add +12.8% |
| CRUS Cirrus Logic Inc. | 0.35% | 9,095 | $1.1M | No change |
| MAR Marriott International Class A | 0.33% | 4,343 | $1.1M | Add +6.6% |
| OGN Organon & Co. | 0.33% | 55,520 | $1.1M | Add +7.0% |
| TGNA Tegna Inc. | 0.33% | 66,927 | $1.1M | Reduce -17.9% |
| MEDP Medpace Holdings Inc. | 0.32% | 3,120 | $1.0M | Reduce -3.0% |
| ACI Albertsons Cos Inc. Class A | 0.32% | 56,165 | $1.0M | Reduce -0.4% |
| VLO Valero Energy Corp. | 0.31% | 7,519 | $1.0M | Reduce -3.3% |
| TNK Teekay Tankers Ltd. Class A | 0.31% | 17,385 | $1.0M | Add +30.6% |
| DFS Discover Financial Services | 0.31% | 7,205 | $1.0M | Reduce -2.2% |
| IWF iShares Russell 1000 Growth | 0.31% | 2,680 | $1.0M | Reduce -18.4% |
| META Meta Platforms Inc. Class A | 0.31% | 1,748 | $1.0M | Reduce -0.3% |
| PRGS Progress Software Corp. | 0.30% | 14,615 | $985K | Add +11.2% |
| VSTO Vista Outdoor Inc. | 0.30% | 24,913 | $976K | No change |
| DWAS Invesco Dorsey Wright Smallc | 0.30% | 10,500 | $975K | New |
| GLDM SPDR Gold Minishares Trust | 0.30% | 18,618 | $971K | Reduce -4.0% |
| PSMT Pricesmart Inc. | 0.30% | 10,450 | $959K | Add +10.3% |
| MSFT Microsoft Corp. | 0.29% | 2,164 | $931K | Reduce -0.2% |
| VT Vanguard Tot World STK ETF | 0.28% | 7,705 | $922K | Reduce -1.8% |
| JAZZ Jazz Pharmaceuticals PLC | 0.28% | 8,044 | $896K | Reduce -4.8% |
| QSR Restaurant Brands Intern | 0.27% | 12,340 | $890K | Add +8.3% |
| CMCSA Comcast Corp. Class A | 0.27% | 21,068 | $880K | Reduce -2.1% |
Portfolio Sells Q2 2024 → Q3 2024
| VSEC Vse Corp. | Reduce -10.0% | 2.29% | −0.64 |
| KLAC KLA Corp. | Reduce -1.6% | 1.65% | −0.28 |
| CIVI Civitas Resources Inc. | Reduce -1.3% | 0.46% | −0.23 |
| CMRE Costamare Inc. | Reduce -1.7% | 1.17% | −0.17 |
| F Ford Motor Co. | Reduce -8.6% | 0.42% | −0.17 |
| CLS Celestica Inc. | Reduce -2.1% | 0.69% | −0.16 |
| PBF PBF Energy Inc. Class A | Reduce -27.1% | 0.11% | −0.13 |
| OMF Onemain Holdings Inc. | Reduce -14.6% | 0.42% | −0.13 |
| AMN Amn Healthcare Services Inc. | Reduce -30.1% | 0.14% | −0.12 |
| HI Hillenbrand Inc. | Sold out | 0.00% | −0.12 |
| MEDP Medpace Holdings Inc. | Reduce -3.0% | 0.32% | −0.12 |
| BLMN Bloomin' Brands Inc. | Reduce -26.0% | 0.16% | −0.11 |
| MXL Maxlinear Inc. | Reduce -41.6% | 0.07% | −0.11 |
| COHU Cohu Inc. | Reduce -7.7% | 0.21% | −0.10 |
| UCTT Ultra Clean Holdings Inc. | Sold out | 0.00% | −0.10 |
| HIBB Hibbett Inc. | Sold out | 0.00% | −0.10 |
| VLO Valero Energy Corp. | Reduce -3.3% | 0.31% | −0.09 |
| IWF iShares Russell 1000 Growth | Reduce -18.4% | 0.31% | −0.09 |
| REGN Regeneron Pharmaceuticals | Reduce -2.9% | 0.76% | −0.09 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.08 |
| DAR Darling Ingredients Inc. | Sold out | 0.00% | −0.08 |
| BG Bunge Global SA | Reduce -0.1% | 0.43% | −0.08 |
| PAG Penske Automotive Group Inc. | Reduce -15.2% | 0.47% | −0.08 |
| AVGO Broadcom Inc. | Reduce -1.8% | 3.39% | −0.08 |
| ICLR Icon PLC | Sold out | 0.00% | −0.07 |
| PLAB Photronics Inc. | Reduce -8.6% | 0.41% | −0.07 |
| PII Polaris Inc. | Sold out | 0.00% | −0.07 |
| ZD Ziff Davis Inc. | Reduce -6.2% | 0.22% | −0.07 |
| ABR Arbor Realty Trust Inc. | Reduce -34.2% | 0.13% | −0.06 |
| EVR Evercore Inc. Class A | Reduce -42.4% | 0.11% | −0.06 |
| WNC Wabash National Corp. | Reduce -8.4% | 0.17% | −0.06 |
| VYX NCR Voyix Corp. | Reduce -33.3% | 0.12% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.5% | 1.20% | −0.06 |
| TGNA Tegna Inc. | Reduce -17.9% | 0.33% | −0.05 |
| NXST Nexstar Media Group Inc. | Reduce -0.8% | 0.56% | −0.05 |
| TDTF NT Iboxx 5Y Dur Tips ETF | Reduce -0.3% | 0.99% | −0.05 |
| ACI Albertsons Cos Inc. Class A | Reduce -0.4% | 0.32% | −0.05 |
| CVS CVS Health Corp. | Reduce -18.6% | 0.19% | −0.05 |
| DIOD Diodes Inc. | Reduce -20.9% | 0.08% | −0.04 |
| LRCX Lam Research Corp. | Reduce -2.6% | 0.10% | −0.04 |
| AMGN Amgen Inc. | Reduce -4.1% | 0.39% | −0.04 |
| MSFT Microsoft Corp. | Reduce -0.2% | 0.29% | −0.04 |
| THO Thor Industries Inc. | Reduce -24.0% | 0.17% | −0.03 |
| MGA Magna International Inc. | Reduce -24.4% | 0.07% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -8.4% | 0.24% | −0.03 |
| PFE Pfizer Inc. | Reduce -17.6% | 0.10% | −0.03 |
| MBUU Malibu Boats Inc. Class A | Reduce -27.1% | 0.08% | −0.03 |
| NAVI Navient Corp. | Reduce -10.1% | 0.20% | −0.03 |
| JAZZ Jazz Pharmaceuticals PLC | Reduce -4.8% | 0.28% | −0.02 |
| HCC Warrior Met Coal Inc. | Reduce -0.7% | 0.27% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| JIRE JPMorgan Int Res Enh Eqty | New | 0.65% | +0.65 |
| DWAS Invesco Dorsey Wright Smallc | New | 0.30% | +0.30 |
| OMC Omnicom Group | Add +2.3% | 2.63% | +0.22 |
| SMMD iShares Russell 2500 ETF | Add +5.7% | 3.71% | +0.21 |
| JXN Jackson Financial Inc. Class A | Add +0.6% | 1.43% | +0.18 |
| WLY Wiley (john) & Sons Class A | Add +10.4% | 0.99% | +0.17 |
| COLL Collegium Pharmaceutical Inc. | New | 0.16% | +0.16 |
| IT Gartner Inc. | Add +18.7% | 0.83% | +0.16 |
| LRN Stride Inc. | Add +25.4% | 0.49% | +0.14 |
| ACMR Acm Research Inc. Class A | Add +189.4% | 0.24% | +0.14 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +12.1% | 2.19% | +0.13 |
| HRB H&R Block Inc. | Add +7.7% | 0.89% | +0.13 |
| GEN Gen Digital Inc. | Add +127.5% | 0.22% | +0.12 |
| NOMD Nomad Foods Ltd. | Add +131.6% | 0.19% | +0.11 |
| PLGO Pelagos Insurance Capital LT | New | 0.11% | +0.11 |
| NVDA Nvidia Corp. | New | 0.11% | +0.11 |
| FISV Fiserv Inc. | Add +1.8% | 0.84% | +0.10 |
| AVT Avnet Inc. | Add +6.9% | 2.13% | +0.09 |
| CMI Cummins Inc. | Add +3.9% | 0.77% | +0.09 |
| TPR Tapestry Inc. | Add +45.2% | 0.26% | +0.08 |
| DLX Deluxe Corp. | Add +115.8% | 0.19% | +0.08 |
| ALSN Allison Transmission Holding | Add +58.0% | 0.16% | +0.07 |
| TBBK The Bancorp Inc. | Add +22.9% | 0.19% | +0.07 |
| KHC The Kraft Heinz Co. | Add +9.1% | 0.76% | +0.07 |
| EXPE Expedia Group Inc. | Add +12.8% | 0.36% | +0.07 |
| PRGS Progress Software Corp. | Add +11.2% | 0.30% | +0.07 |
| BIPC Brookfield Infrastructure-A | New | 0.07% | +0.07 |
| UTHR United Therapeutics Corp. | Add +5.5% | 0.72% | +0.07 |
| V Visa Inc. Class A | New | 0.06% | +0.06 |
| MA Mastercard Inc. Class A | Add +3.4% | 0.96% | +0.06 |
| CBOE Cboe Global Markets Inc. | Add +0.4% | 0.60% | +0.06 |
| VZ Verizon Communications Inc. | New | 0.06% | +0.06 |
| IWC iShares Micro-Cap ETF | Add +7.7% | 0.85% | +0.06 |
| UNM Unum Group | Add +0.1% | 0.80% | +0.06 |
| IBM Intl Business Machines Corp. | Add +7.9% | 0.24% | +0.05 |
| GILD Gilead Sciences Inc. | Add +14.6% | 0.22% | +0.05 |
| CPAY Corpay Inc. | Add +12.5% | 0.27% | +0.05 |
| VTRS Viatris Inc. | Add +4.8% | 0.75% | +0.04 |
| PSMT Pricesmart Inc. | Add +10.3% | 0.30% | +0.04 |
| FSK FS KKR Capital Corp. | Add +39.2% | 0.14% | +0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.8% | 1.63% | +0.03 |
| CSCO Cisco Systems Inc. | Add +1.0% | 0.58% | +0.03 |
| UAL United Airlines Holdings Inc. | Add +19.6% | 0.11% | +0.02 |
| IWB iShares Russell 1000 ETF | Add +28.3% | 0.11% | +0.02 |
| UGI Ugi Corp. | Add +19.8% | 0.12% | +0.02 |
| IJS iShares S&P Small-Cap 600 Va | Add +9.4% | 0.19% | +0.02 |
| ARW Arrow Electronics Inc. | Add +0.3% | 0.96% | +0.02 |
| GMS GMS Inc. | Add +5.1% | 0.19% | +0.02 |
| GSBD Goldman Sachs BDC Inc. | Add +29.6% | 0.12% | +0.01 |
| JNJ Johnson & Johnson | Add +0.1% | 0.38% | +0.01 |
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 |