Kendall Capital Management

Name: Kendall Capital Management 13F holdings, Q4 2025
Creator: Kendall Capital Management
Published: 2026-01-16

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 16, 2026), Kendall Capital Management reported 230 stock positions worth $478.0 million. Its top holding was iShares Russell 2500 ETF (SMMD) at 5.5% of the portfolio, followed by T.rowe PRC Small-Mid Cap ETF (TMSL, 5.2%) and JPMorgan Int Res Enh Eqty (JIRE, 5.1%). Compared with Q3 2025, it opened 10 new positions, sold out of 12, added to 90 and reduced 104. The biggest buy was Vanguard Ftse Emerging Marke (VWO, shares +649%) and the biggest sale Broadcom (AVGO, shares −13%).

Most Recent 13F: Q2 2026
Location: ROCKVILLE, MD
CIK: 0001731372
Portfolio Value: $478.0M (Q4 2025)
SEC Filing: 0001731372-26-000001 ↗ filed Jan 16, 2026

Holdings Value

Holdings 230 stocks · $478.0M


SMMD iShares Russell 2500 ETF	5.53%	352,861	$26.4M	Add +6.5%
TMSL T.rowe PRC Small-Mid Cap ETF	5.20%	692,124	$24.8M	Add +10.8%
JIRE JPMorgan Int Res Enh Eqty	5.10%	325,315	$24.4M	Add +7.3%
AVGO Broadcom Inc.	3.33%	45,933	$15.9M	Reduce -12.6%
VUG Vanguard Mrngstar GR ETF-Sui	2.97%	29,114	$14.2M	Add +17.1%
VWO Vanguard Ftse Emerging Marke	2.45%	217,894	$11.7M	Add +649.0%
JPST JPMorgan Ultra-Short Income	2.32%	219,358	$11.1M	Add +12.4%
AVT Avnet Inc.	1.65%	163,710	$7.9M	Add +4.8%
OMC Omnicom Group	1.63%	96,201	$7.8M	Add +14.2%
VSEC Vse Corp.	1.59%	43,900	$7.6M	Reduce -7.0%
DELL Dell Technologies -C	1.58%	59,963	$7.5M	Add +13.9%
KLAC KLA Corp.	1.50%	5,886	$7.2M	Reduce -7.1%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	1.45%	22,069	$6.9M	No change
CLS Celestica Inc.	1.34%	21,644	$6.4M	Reduce -27.3%
GOOGL Alphabet Inc. Class A	1.27%	19,466	$6.1M	Reduce -5.0%
HPE Hewlett Packard Enterprise	1.27%	252,224	$6.1M	Add +1.6%
COR Cencora Inc.	1.23%	17,379	$5.9M	Reduce -4.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd	1.22%	20,042	$5.8M	No change
NXST Nexstar Media Group Inc.	1.21%	28,434	$5.8M	Add +20.4%
EQH Equitable Holdings Inc.	1.20%	120,705	$5.8M	Reduce -2.8%
AAPL Apple Inc.	1.20%	21,084	$5.7M	Reduce -4.5%
ABBV Abbvie Inc.	1.19%	24,918	$5.7M	Reduce -5.0%
VCTR Victory Capital Holding - A	1.18%	89,289	$5.6M	Add +0.4%
GEN Gen Digital Inc.	1.11%	194,470	$5.3M	Add +55.7%
VTI VG Morningstar TS MKT ETF-US	1.00%	14,251	$4.8M	Reduce -1.4%
CSGS CSG Systems Intl Inc.	0.96%	59,985	$4.6M	Reduce -9.5%
FHI Federated Hermes Inc.	0.95%	87,635	$4.6M	Add +17.4%
TDTF NT Iboxx 5Y Dur Tips ETF	0.92%	184,396	$4.4M	Add +14.7%
CMI Cummins Inc.	0.85%	7,952	$4.1M	Reduce -3.8%
CMRE Costamare Inc.	0.84%	255,215	$4.0M	Add +7.6%
MA Mastercard Inc. Class A	0.81%	6,791	$3.9M	Add +7.3%
JXN Jackson Financial Inc. Class A	0.79%	35,470	$3.8M	Reduce -6.7%
CDW CDW Corp.	0.79%	27,750	$3.8M	Reduce -6.3%
EXPE Expedia Group Inc.	0.78%	13,080	$3.7M	Add +2.1%
NVDA Nvidia Corp.	0.72%	18,544	$3.5M	Add +22.5%
ACMR Acm Research Inc. Class A	0.69%	84,221	$3.3M	Add +9.7%
UTHR United Therapeutics Corp.	0.67%	6,559	$3.2M	Reduce -8.3%
ACN Accenture PLC Class A	0.66%	11,814	$3.2M	Add +61.2%
VTV Vanguard Mrngstr Val ETF-Aui	0.65%	16,165	$3.1M	Add +134.0%
HRB H&R Block Inc. filed as BLOCK H & R INC	0.65%	70,780	$3.1M	Add +8.5%
BMY Bristol-Myers Squibb Co.	0.64%	56,785	$3.1M	Reduce -4.5%
UNM Unum Group	0.60%	36,950	$2.9M	Reduce -9.8%
R Ryder System Inc.	0.59%	14,700	$2.8M	Reduce -2.2%
ARW Arrow Electronics Inc.	0.58%	25,350	$2.8M	Add +3.5%
HPQ HP Inc.	0.57%	121,857	$2.7M	Reduce -11.2%
IWC iShares Micro-Cap ETF	0.57%	17,195	$2.7M	Add +0.7%
WLY Wiley (john) & Sons Class A	0.57%	88,227	$2.7M	Reduce -10.2%
VEU Vanguard Ftse All-World Ex-U	0.56%	36,695	$2.7M	Add +182.4%
MCK McKesson Corp.	0.56%	3,247	$2.7M	Reduce -1.6%
VTRS Viatris Inc.	0.55%	209,590	$2.6M	Add +14.5%
TNL Travel + Leisure Co.	0.54%	36,935	$2.6M	Add +29.4%
CALM Cal-Maine Foods Inc.	0.52%	31,175	$2.5M	Reduce -2.4%
META Meta Platforms Inc. Class A	0.49%	3,516	$2.3M	Add +9.4%
CBOE Cboe Global Markets Inc.	0.47%	8,862	$2.2M	Add +0.5%
BWA Borgwarner Inc.	0.46%	49,045	$2.2M	Add +6.5%
QCOM Qualcomm Inc.	0.44%	12,299	$2.1M	Add +77.9%
ORLY O'reilly Automotive Inc.	0.44%	22,910	$2.1M	Reduce -0.9%
GSK GSK PLC-Spon ADR	0.43%	41,956	$2.1M	Add +27.4%
MRK Merck & Co. Inc.	0.41%	18,807	$2.0M	Reduce -1.4%
URI United Rentals Inc.	0.39%	2,297	$1.9M	Reduce -7.3%
HCA HCA Healthcare Inc.	0.38%	3,910	$1.8M	Reduce -5.8%
TPR Tapestry Inc.	0.38%	14,160	$1.8M	Reduce -6.8%
CSCO Cisco Systems Inc.	0.38%	23,393	$1.8M	Reduce -0.8%
MAR Marriott International Class A	0.37%	5,708	$1.8M	Add +13.4%
FDM First Trust Dow J Select Mic	0.37%	22,209	$1.8M	No change
CBRE CBRE Group Inc. Class A	0.37%	10,871	$1.7M	Reduce -1.5%
AN Autonation Inc.	0.36%	8,325	$1.7M	Reduce -1.3%
VVX V2X Inc.	0.36%	31,115	$1.7M	Add +45.3%
CBNK Capital Bancorp Inc.	0.35%	60,040	$1.7M	No change
REGN Regeneron Pharmaceuticals	0.34%	2,125	$1.6M	Add +0.1%
ALSN Allison Transmission Holding	0.34%	16,730	$1.6M	Add +4.5%
LRN Stride Inc.	0.34%	24,860	$1.6M	Add +2.2%
RITM Rithm Capital Corp.	0.33%	144,775	$1.6M	Add +69.4%
MSFT Microsoft Corp.	0.33%	3,260	$1.6M	Add +42.6%
UGI Ugi Corp.	0.33%	41,690	$1.6M	Add +7.1%
IWB iShares Russell 1000 ETF	0.33%	4,168	$1.6M	Add +12.9%
TMHC Taylor Morrison Home Corp.	0.32%	26,245	$1.5M	Add +22.0%
JNJ Johnson & Johnson	0.32%	7,464	$1.5M	Reduce -0.7%
PLGO Pelagos Insurance Capital LT filed as FIDELIS INSURANCE HOLDINGS L	0.32%	78,185	$1.5M	Add +39.1%
VB Vanguard Most SM-Cap ETF-Usd	0.32%	5,910	$1.5M	No change
GRBK Green Brick Partners Inc.	0.32%	24,303	$1.5M	Add +2.6%
AAMI Acadian Asset Management Inc.	0.32%	32,260	$1.5M	Add +112.9%
PLAB Photronics Inc.	0.31%	46,385	$1.5M	Add +1.2%
GLDM SPDR Gold Minishares Trust	0.31%	17,245	$1.5M	Add +3.2%
TAP Molson Coors Beverage Co. Class B	0.31%	31,370	$1.5M	Add +11.5%
IEFA iShares Core MSCI Eafe ETF	0.30%	16,217	$1.5M	Add +2.3%
PSMT Pricesmart Inc.	0.30%	11,670	$1.4M	Reduce -2.3%
JAZZ Jazz Pharmaceuticals PLC	0.30%	8,304	$1.4M	Reduce -1.8%
MEDP Medpace Holdings Inc.	0.29%	2,455	$1.4M	Reduce -9.1%
CPAY Corpay Inc.	0.29%	4,560	$1.4M	Add +32.7%
SLM SLM Corp.	0.28%	49,210	$1.3M	Reduce -1.3%
IT Gartner Inc.	0.27%	5,203	$1.3M	Reduce -32.3%
ISCG iShares Morningstar Small-Ca	0.27%	23,543	$1.3M	Add +0.2%
SLYV SS SPDR S&P 600 SC Val ETF	0.27%	14,000	$1.3M	No change
F Ford Motor Co. filed as FORD MTR CO	0.26%	96,185	$1.3M	Add +84.4%
CRUS Cirrus Logic Inc.	0.26%	10,600	$1.3M	Add +0.9%
NFG National Fuel Gas Co.	0.26%	15,335	$1.2M	Add +5.1%
VT Vanguard Tot World STK ETF	0.26%	8,682	$1.2M	Add +0.3%
XSMO Invesco S&P Smallcap Momentu	0.26%	17,000	$1.2M	No change
TGNA Tegna Inc.	0.25%	62,347	$1.2M	Reduce -1.7%
LDOS Leidos Holdings Inc.	0.25%	6,685	$1.2M	Add +29.7%
PAG Penske Automotive Group Inc.	0.24%	7,390	$1.2M	Add +1.0%
BHF Brighthouse Financial Inc.	0.24%	17,650	$1.1M	Reduce -2.4%
UPBD Upbound Group Inc.	0.24%	64,870	$1.1M	Reduce -43.3%
LEA Lear Corp.	0.24%	9,865	$1.1M	Reduce -0.7%
GUNR NT Mstar GLBL NR ETF	0.23%	24,054	$1.1M	Add +8.7%
PR Permian Resources Corp. Class A	0.23%	78,485	$1.1M	Add +106.0%
TBBK The Bancorp Inc.	0.23%	16,225	$1.1M	Reduce -1.8%
PKW Invesco Buyback Achievers Et	0.23%	8,082	$1.1M	Add +121.6%
TNK Teekay Tankers Ltd. Class A	0.22%	19,985	$1.1M	Reduce -1.0%
GILD Gilead Sciences Inc.	0.22%	8,652	$1.1M	Reduce -2.9%
IWR iShares Russell Mid-Cap ETF	0.22%	11,000	$1.1M	Add +89.7%
AMG Affiliated Managers Group	0.22%	3,605	$1.0M	No change
HG Hamilton Insurance Grou Class B	0.22%	37,179	$1.0M	Add +7.9%
PFE Pfizer Inc.	0.22%	41,445	$1.0M	Add +56.3%
COF Capital One Financial Corp.	0.21%	4,062	$984K	Reduce -24.4%
REZ Ishars Res and Multi Reales	0.21%	11,873	$981K	Add +9.6%
AMGN Amgen Inc.	0.21%	2,997	$981K	Reduce -0.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.20%	3,245	$961K	Reduce -6.3%
VLO Valero Energy Corp.	0.20%	5,740	$934K	Reduce -14.9%
OMF Onemain Holdings Inc.	0.19%	13,760	$929K	Reduce -2.5%
SANM Sanmina Corp.	0.19%	5,940	$891K	Reduce -7.0%
MLI Mueller Industries Inc.	0.19%	7,740	$889K	Reduce -3.5%
ENVA Enova International Inc.	0.18%	5,625	$884K	Add +3.9%
QSR Restaurant Brands Intern	0.18%	12,545	$856K	Add +3.1%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.17%	4,625	$820K	Reduce -4.2%
ACI Albertsons Cos Inc. Class A	0.17%	47,390	$814K	Add +61.3%
THC Tenet Healthcare Corp.	0.17%	4,055	$806K	Reduce -20.7%
INCY Incyte Corp.	0.17%	8,030	$793K	Add +35.0%
VST Vistra Corp.	0.17%	4,910	$792K	Reduce -14.2%
SFM Sprouts Farmers Market Inc.	0.17%	9,920	$790K	Reduce -2.2%
COLL Collegium Pharmaceutical Inc.	0.16%	16,590	$768K	Reduce -7.7%
GPI Group 1 Automotive Inc.	0.16%	1,925	$757K	Add +1.3%
KHC The Kraft Heinz Co.	0.16%	31,190	$756K	Reduce -50.8%
IJT iShares S&P Small-Cap 600 GR	0.16%	5,352	$755K	No change
AZN Astrazeneca PLC-Spons ADR	0.15%	8,033	$739K	No change
UAL United Airlines Holdings Inc.	0.15%	6,495	$726K	Reduce -4.6%
FISV Fiserv Inc.	0.15%	10,668	$717K	Reduce -28.3%
IJS iShares S&P Small-Cap 600 Va	0.15%	6,271	$713K	No change
NOMD Nomad Foods Ltd.	0.15%	56,755	$710K	Reduce -28.2%
LNC Lincoln National Corp.	0.15%	15,870	$707K	New
APO Apollo Global Management Inc.	0.15%	4,860	$704K	No change
MO Altria Group Inc.	0.15%	12,132	$700K	Add +0.7%
SPGI S&P Global Inc.	0.14%	1,261	$659K	Reduce -0.3%
XLK SS Technology Select Sector	0.13%	4,436	$639K	Add +3.5%
NSC Norfolk Southern Corp.	0.13%	2,203	$636K	Reduce -10.6%
IWF iShares Russell 1000 Growth	0.13%	1,340	$634K	Reduce -0.7%
LRCX Lam Research Corp.	0.13%	3,645	$624K	Reduce -3.3%
INVA Innoviva Inc.	0.13%	31,095	$622K	Add +34.5%
FIS Fidelity National Info Serv	0.13%	9,310	$619K	Reduce -5.5%
MUNI PIMCO Intermediate Municipal	0.13%	11,600	$608K	No change
DLX Deluxe Corp.	0.12%	26,661	$595K	Reduce -7.7%
ADEA Adeia Inc.	0.12%	33,025	$570K	Reduce -4.5%
BG Bunge Global SA	0.11%	6,050	$539K	Reduce -12.1%
JPM JPMorgan Chase & Co.	0.11%	1,613	$520K	Add +7.7%
VEA Vanguard Ftse Developed ETF	0.11%	8,264	$516K	Add +21.5%
IVZ Invesco Ltd.	0.11%	19,325	$508K	Reduce -1.3%
TDW Tidewater Inc.	0.11%	10,030	$507K	New
STZ Constellation Brands Inc. Class A	0.10%	3,605	$497K	New
MGA Magna International Inc.	0.10%	9,230	$492K	Add +4.5%
TXN Texas Instruments Inc.	0.10%	2,807	$487K	Reduce -3.2%
RDN Radian Group Inc.	0.10%	13,280	$478K	Add +1.6%
PRGS Progress Software Corp.	0.10%	11,065	$475K	Reduce -20.6%
TKO Tko Group Holdings Inc.	0.10%	2,230	$466K	Reduce -10.6%
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.09%	4,520	$442K	Reduce -8.7%
HCC Warrior Met Coal Inc.	0.09%	4,940	$436K	Reduce -7.9%
AMRX Amneal Pharmaceuticals Inc.	0.09%	34,265	$432K	Add +33.5%
CARS Cars.com Inc.	0.09%	35,380	$432K	Reduce -43.8%
CACI Caci International Inc. Class A	0.09%	799	$426K	Reduce -7.0%
WMT Walmart Inc.	0.09%	3,804	$424K	Reduce -3.1%
CMCSA Comcast Corp. Class A	0.09%	13,774	$412K	Reduce -20.8%
LHX L3HARRIS Technologies Inc.	0.09%	1,395	$410K	Reduce -10.0%
VGSH Vanguard Short-Term Treasury	0.08%	6,850	$402K	Add +4.4%
BRK.B Berkshire Hathaway Inc. Class B	0.08%	799	$402K	Add +13.7%
FMDE Fidelity Enhanced Mid Cap Co.	0.08%	10,902	$397K	New
CAH Cardinal Health Inc.	0.08%	1,915	$394K	Reduce -11.6%
IWL iShares Russell Top 200 ETF	0.08%	2,290	$391K	Add +15.1%
XOM Exxon Mobil Corp.	0.08%	3,188	$384K	Reduce -5.6%
CTEV Claritev Corp.	0.08%	8,731	$373K	New
SBGI Sinclair Inc.	0.08%	24,305	$372K	Reduce -8.3%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC	0.08%	3,547	$367K	Add +11.1%
QUAL iShares MSCI USA Quality Fac	0.07%	1,800	$358K	No change
DTD Wisdomtree US Total Dividend	0.07%	4,080	$346K	No change
OC Owens Corning	0.07%	2,855	$320K	No change
IJR iShares Core S&P Small-Cap E	0.07%	2,644	$318K	Add +2.6%
IWP iShares Russell Mid-Cap Grow	0.07%	2,318	$317K	No change
NVS Novartis AG-Sponsored ADR	0.07%	2,295	$316K	No change
CVX Chevron Corp.	0.07%	2,065	$315K	Reduce -1.8%
CAT Caterpillar Inc.	0.06%	536	$307K	Add +7.2%
IVE iShares S&P 500 Value ETF	0.06%	1,447	$307K	Add +8.9%
PATK Patrick Industries Inc.	0.06%	2,770	$300K	Reduce -0.9%
MMS Maximus Inc.	0.06%	3,470	$300K	New
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.06%	1,041	$291K	No change
SYK Stryker Corp.	0.06%	817	$287K	Add +5.7%
DHI D.R. Horton Inc.	0.06%	1,973	$284K	Reduce -3.2%
CVS CVS Health Corp.	0.06%	3,580	$284K	No change
UNP Union Pacific Corp.	0.06%	1,226	$284K	Reduce -1.0%
FSK FS KKR Capital Corp.	0.06%	18,822	$279K	Reduce -37.1%
AGG iShares Core U.S. Aggregate	0.06%	2,785	$278K	New
THO Thor Industries Inc.	0.06%	2,675	$275K	Reduce -17.7%
AZO AutoZone Inc.	0.06%	79	$268K	No change
V Visa Inc. Class A	0.06%	763	$268K	Add +14.1%
VECO Veeco Instruments Inc.	0.05%	9,150	$262K	No change
VTEB Vanguard Tax-Exempt Bond ETF	0.05%	5,138	$258K	Add +15.0%
EVR Evercore Inc. Class A	0.05%	740	$252K	Reduce -10.3%
MAS Masco Corp.	0.05%	3,880	$246K	Reduce -6.0%
IMCG iShares Morningstar Mid-Cap	0.05%	3,069	$245K	Add +0.1%
IWM iShares Russell 2000 ETF	0.05%	989	$243K	Add +18.7%
ZD Ziff Davis Inc.	0.05%	6,750	$237K	Reduce -40.1%
CIVI Civitas Resources Inc.	0.05%	8,670	$235K	Reduce -32.4%
BLDR Builders Firstsource Inc.	0.05%	2,215	$228K	Reduce -27.5%
VNQ Vanguard Real Estate ETF	0.05%	2,570	$227K	No change
AES AES Corp.	0.05%	15,662	$225K	Reduce -6.6%
CSX CSX Corp.	0.05%	6,144	$223K	No change
SPYM Ste STR SPDR PT S&P 500 ETF	0.05%	2,768	$222K	No change
SNY Sanofi-ADR	0.05%	4,540	$220K	Reduce -3.1%
AMZN Amazon.com Inc.	0.05%	946	$218K	Reduce -2.9%
GBX Greenbrier Companies Inc.	0.05%	4,625	$216K	Reduce -19.5%
ORCL Oracle Corp.	0.04%	1,100	$214K	Reduce -10.6%
VYX NCR Voyix Corp.	0.04%	20,900	$213K	Reduce -25.8%
CCSI Consensus Cloud Solution	0.04%	9,630	$210K	New
SFD Smithfield Foods Inc.	0.04%	9,300	$208K	New
FNDB Schwab Fndmntl US BRD Mr ETF	0.04%	7,683	$204K	New
NAVI Navient Corp.	0.03%	12,600	$164K	Reduce -39.7%
GSBD Goldman Sachs BDC Inc.	0.03%	16,105	$149K	Reduce -42.5%
WU Western Union Co.	0.03%	15,272	$142K	Reduce -49.4%
OGN Organon & Co.	0.03%	17,380	$125K	Reduce -54.8%
PK Park Hotels & Resorts Inc.	0.02%	11,065	$116K	Reduce -16.1%
SVC Service Pptys TR	0.01%	20,091	$37K	Reduce -35.8%
BASA Basanite Inc.	0.00%	31,000	$933	No change

Portfolio Sells Q3 2025 → Q4 2025


AVGO Broadcom Inc.	Reduce -12.6%	3.33%	−0.58
UPBD Upbound Group Inc.	Reduce -43.3%	0.24%	−0.37
WLY Wiley (john) & Sons Class A	Reduce -10.2%	0.57%	−0.33
CLS Celestica Inc.	Reduce -27.3%	1.34%	−0.32
FISV Fiserv Inc.	Reduce -28.3%	0.15%	−0.28
HPQ HP Inc.	Reduce -11.2%	0.57%	−0.27
CDW CDW Corp.	Reduce -6.3%	0.79%	−0.27
EQH Equitable Holdings Inc.	Reduce -2.8%	1.20%	−0.22
KHC The Kraft Heinz Co.	Reduce -50.8%	0.16%	−0.21
VSEC Vse Corp.	Reduce -7.0%	1.59%	−0.18
IT Gartner Inc.	Reduce -32.3%	0.27%	−0.18
ABBV Abbvie Inc.	Reduce -5.0%	1.19%	−0.18
CALM Cal-Maine Foods Inc.	Reduce -2.4%	0.52%	−0.16
URI United Rentals Inc.	Reduce -7.3%	0.39%	−0.14
ORLY O'reilly Automotive Inc.	Reduce -0.9%	0.44%	−0.13
UNM Unum Group	Reduce -9.8%	0.60%	−0.12
IPG Interpublic Group of Cos Inc.	Sold out	0.00%	−0.09
VST Vistra Corp.	Reduce -14.2%	0.17%	−0.09
NOMD Nomad Foods Ltd.	Reduce -28.2%	0.15%	−0.09
SFM Sprouts Farmers Market Inc.	Reduce -2.2%	0.17%	−0.08
CARS Cars.com Inc.	Reduce -43.8%	0.09%	−0.08
JXN Jackson Financial Inc. Class A	Reduce -6.7%	0.79%	−0.08
VTI VG Morningstar TS MKT ETF-US	Reduce -1.4%	1.00%	−0.07
AAPL Apple Inc.	Reduce -4.5%	1.20%	−0.07
OGN Organon & Co.	Reduce -54.8%	0.03%	−0.07
THC Tenet Healthcare Corp.	Reduce -20.7%	0.17%	−0.07
MTH Meritage Homes Corp.	Sold out	0.00%	−0.07
VLO Valero Energy Corp.	Reduce -14.9%	0.20%	−0.06
TEX Terex Corp.	Sold out	0.00%	−0.06
PPC Pilgrim's Pride Corp.	Sold out	0.00%	−0.06
CMDB Costamare Bulkers Holding	Sold out	0.00%	−0.06
COR Cencora Inc.	Reduce -4.7%	1.23%	−0.06
AN Autonation Inc.	Reduce -1.3%	0.36%	−0.06
DE Deere & Co.	Sold out	0.00%	−0.06
COF Capital One Financial Corp.	Reduce -24.4%	0.21%	−0.05
R Ryder System Inc.	Reduce -2.2%	0.59%	−0.05
TBBK The Bancorp Inc.	Reduce -1.8%	0.23%	−0.05
CHRD Chord Energy Corp.	Sold out	0.00%	−0.05
ZD Ziff Davis Inc.	Reduce -40.1%	0.05%	−0.05
KO The Coca-Cola Co.	Sold out	0.00%	−0.05
KLAC KLA Corp.	Reduce -7.1%	1.50%	−0.04
CIVI Civitas Resources Inc.	Reduce -32.4%	0.05%	−0.04
FSK FS KKR Capital Corp.	Reduce -37.1%	0.06%	−0.04
PRGS Progress Software Corp.	Reduce -20.6%	0.10%	−0.04
TGNA Tegna Inc.	Reduce -1.7%	0.25%	−0.04
CMCSA Comcast Corp. Class A	Reduce -20.8%	0.09%	−0.04
BLDR Builders Firstsource Inc.	Reduce -27.5%	0.05%	−0.04
VYX NCR Voyix Corp.	Reduce -25.8%	0.04%	−0.04
NSC Norfolk Southern Corp.	Reduce -10.6%	0.13%	−0.03
ORCL Oracle Corp.	Reduce -10.6%	0.04%	−0.03

Portfolio Buys Q3 2025 → Q4 2025


VWO Vanguard Ftse Emerging Marke	Add +649.0%	2.45%	+2.10
VEU Vanguard Ftse All-World Ex-U	Add +182.4%	0.56%	+0.36
VTV Vanguard Mrngstr Val ETF-Aui	Add +134.0%	0.65%	+0.36
GEN Gen Digital Inc.	Add +55.7%	1.11%	+0.31
VUG Vanguard Mrngstar GR ETF-Sui	Add +17.1%	2.97%	+0.28
ACN Accenture PLC Class A	Add +61.2%	0.66%	+0.26
TMSL T.rowe PRC Small-Mid Cap ETF	Add +10.8%	5.20%	+0.25
CMRE Costamare Inc.	Add +7.6%	0.84%	+0.21
QCOM Qualcomm Inc.	Add +77.9%	0.44%	+0.18
TNL Travel + Leisure Co.	Add +29.4%	0.54%	+0.16
EXPE Expedia Group Inc.	Add +2.1%	0.78%	+0.16
NXST Nexstar Media Group Inc.	Add +20.4%	1.21%	+0.15
AAMI Acadian Asset Management Inc.	Add +112.9%	0.32%	+0.15
LNC Lincoln National Corp.	New	0.15%	+0.15
VTRS Viatris Inc.	Add +14.5%	0.55%	+0.14
F Ford Motor Co.	Add +84.4%	0.26%	+0.12
PR Permian Resources Corp. Class A	Add +106.0%	0.23%	+0.12
PKW Invesco Buyback Achievers Et	Add +121.6%	0.23%	+0.12
RITM Rithm Capital Corp.	Add +69.4%	0.33%	+0.11
GSK GSK PLC-Spon ADR	Add +27.4%	0.43%	+0.11
TDW Tidewater Inc.	New	0.11%	+0.11
STZ Constellation Brands Inc. Class A	New	0.10%	+0.10
IWR iShares Russell Mid-Cap ETF	Add +89.7%	0.22%	+0.10
JPST JPMorgan Ultra-Short Income	Add +12.4%	2.32%	+0.09
PLGO Pelagos Insurance Capital LT	Add +39.1%	0.32%	+0.09
NVDA Nvidia Corp.	Add +22.5%	0.72%	+0.09
FMDE Fidelity Enhanced Mid Cap Co.	New	0.08%	+0.08
FHI Federated Hermes Inc.	Add +17.4%	0.95%	+0.08
CTEV Claritev Corp.	New	0.08%	+0.08
OMC Omnicom Group	Add +14.2%	1.63%	+0.08
MAR Marriott International Class A	Add +13.4%	0.37%	+0.07
VVX V2X Inc.	Add +45.3%	0.36%	+0.07
REGN Regeneron Pharmaceuticals	Add +0.1%	0.34%	+0.07
PLAB Photronics Inc.	Add +1.2%	0.31%	+0.07
JIRE JPMorgan Int Res Enh Eqty	Add +7.3%	5.10%	+0.07
CPAY Corpay Inc.	Add +32.7%	0.29%	+0.06
PFE Pfizer Inc.	Add +56.3%	0.22%	+0.06
MSFT Microsoft Corp.	Add +42.6%	0.33%	+0.06
MMS Maximus Inc.	New	0.06%	+0.06
AGG iShares Core U.S. Aggregate	New	0.06%	+0.06
ACI Albertsons Cos Inc. Class A	Add +61.3%	0.17%	+0.05
INCY Incyte Corp.	Add +35.0%	0.17%	+0.05
ENVA Enova International Inc.	Add +3.9%	0.18%	+0.04
TDTF NT Iboxx 5Y Dur Tips ETF	Add +14.7%	0.92%	+0.04
CCSI Consensus Cloud Solution	New	0.04%	+0.04
SFD Smithfield Foods Inc.	New	0.04%	+0.04
FNDB Schwab Fndmntl US BRD Mr ETF	New	0.04%	+0.04
ALSN Allison Transmission Holding	Add +4.5%	0.34%	+0.04
INVA Innoviva Inc.	Add +34.5%	0.13%	+0.03
UGI Ugi Corp.	Add +7.1%	0.33%	+0.03

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