Kendall Capital Management
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 24, 2026), Kendall Capital Management reported 231 stock positions worth $488.0 million. Its top holding was T.rowe PRC Small-Mid Cap ETF (TMSL) at 5.6% of the portfolio, followed by iShares Russell 2500 ETF (SMMD, 5.6%) and JPMorgan Int Res Enh Eqty (JIRE, 5.2%). Compared with Q4 2025, it opened 13 new positions, sold out of 12, added to 84 and reduced 106. The biggest buy was Dell Technologies -C (DELL, shares +7%) and the biggest sale Broadcom (AVGO, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- ROCKVILLE, MD
- CIK
- 0001731372
- Portfolio Value
- $488.0M (Q1 2026)
- SEC Filing
- 0001731372-26-000002 ↗ filed Apr 24, 2026
Holdings Value
Holdings 231 stocks · $488.0M
| TMSL T.rowe PRC Small-Mid Cap ETF | 5.57% | 741,348 | $27.2M | Add +7.1% |
| SMMD iShares Russell 2500 ETF | 5.55% | 354,936 | $27.1M | Add +0.6% |
| JIRE JPMorgan Int Res Enh Eqty | 5.20% | 334,741 | $25.4M | Add +2.9% |
| AVGO Broadcom Inc. | 2.84% | 44,800 | $13.9M | Reduce -2.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.73% | 30,533 | $13.3M | Add +4.9% |
| VWO Vanguard Ftse Emerging Marke | 2.56% | 231,540 | $12.5M | Add +6.3% |
| JPST JPMorgan Ultra-Short Income | 2.39% | 230,873 | $11.7M | Add +5.3% |
| DELL Dell Technologies -C | 2.15% | 63,918 | $10.5M | Add +6.6% |
| AVT Avnet Inc. | 2.13% | 168,925 | $10.4M | Add +3.2% |
| KLAC KLA Corp. | 1.72% | 5,698 | $8.4M | Reduce -3.2% |
| OMC Omnicom Group | 1.58% | 102,145 | $7.7M | Add +6.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.35% | 22,074 | $6.6M | Add +0.0% |
| VSEC Vse Corp. | 1.33% | 35,225 | $6.5M | Reduce -19.8% |
| HPE Hewlett Packard Enterprise | 1.23% | 251,769 | $6.0M | Reduce -0.2% |
| VCTR Victory Capital Holding - A | 1.19% | 88,911 | $5.8M | Reduce -0.4% |
| CLS Celestica Inc. | 1.19% | 20,612 | $5.8M | Reduce -4.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.18% | 20,055 | $5.8M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 1.12% | 19,039 | $5.5M | Reduce -2.2% |
| FHI Federated Hermes Inc. | 1.12% | 96,375 | $5.5M | Add +10.0% |
| ABBV Abbvie Inc. | 1.11% | 24,945 | $5.4M | Add +0.1% |
| COR Cencora Inc. | 1.11% | 17,235 | $5.4M | Reduce -0.8% |
| AAPL Apple Inc. | 1.10% | 21,123 | $5.4M | Add +0.2% |
| NXST Nexstar Media Group Inc. | 1.07% | 28,994 | $5.2M | Add +2.0% |
| TDTF NT Iboxx 5Y Dur Tips ETF | 0.96% | 193,728 | $4.7M | Add +5.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.94% | 14,332 | $4.6M | Add +0.6% |
| CSGS CSG Systems Intl Inc. | 0.91% | 55,355 | $4.4M | Reduce -7.7% |
| CMRE Costamare Inc. | 0.89% | 257,675 | $4.4M | Add +1.0% |
| CMI Cummins Inc. | 0.87% | 7,927 | $4.3M | Reduce -0.3% |
| GEN Gen Digital Inc. | 0.79% | 203,495 | $3.8M | Add +4.6% |
| BMY Bristol-Myers Squibb Co. | 0.77% | 61,555 | $3.7M | Add +8.4% |
| UTHR United Therapeutics Corp. | 0.76% | 6,281 | $3.7M | Reduce -4.2% |
| EQH Equitable Holdings Inc. | 0.76% | 99,860 | $3.7M | Reduce -17.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.76% | 18,869 | $3.7M | Add +16.7% |
| JXN Jackson Financial Inc. Class A | 0.74% | 34,252 | $3.6M | Reduce -3.4% |
| ARW Arrow Electronics Inc. | 0.74% | 25,175 | $3.6M | Reduce -0.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.73% | 47,147 | $3.5M | Add +28.5% |
| NVDA Nvidia Corp. | 0.71% | 19,999 | $3.5M | Add +7.8% |
| MA Mastercard Inc. Class A | 0.71% | 6,973 | $3.5M | Add +2.7% |
| WLY Wiley (john) & Sons Class A | 0.70% | 89,972 | $3.4M | Add +2.0% |
| ACMR Acm Research Inc. Class A | 0.67% | 83,131 | $3.3M | Reduce -1.3% |
| CDW CDW Corp. | 0.67% | 26,950 | $3.3M | Reduce -2.9% |
| BWA Borgwarner Inc. | 0.63% | 57,090 | $3.1M | Add +16.4% |
| EXPE Expedia Group Inc. | 0.61% | 12,950 | $3.0M | Reduce -1.0% |
| MCK McKesson Corp. | 0.59% | 3,320 | $2.9M | Add +2.3% |
| TNL Travel + Leisure Co. | 0.59% | 41,350 | $2.9M | Add +11.9% |
| R Ryder System Inc. | 0.58% | 13,850 | $2.8M | Reduce -5.8% |
| VTRS Viatris Inc. | 0.57% | 207,623 | $2.8M | Reduce -0.9% |
| IWC iShares Micro-Cap ETF | 0.57% | 17,406 | $2.8M | Add +1.2% |
| VVX V2X Inc. | 0.52% | 37,115 | $2.5M | Add +19.3% |
| ACN Accenture PLC Class A | 0.51% | 12,654 | $2.5M | Add +7.1% |
| CBOE Cboe Global Markets Inc. | 0.51% | 8,847 | $2.5M | Reduce -0.2% |
| CALM Cal-Maine Foods Inc. | 0.50% | 30,947 | $2.4M | Reduce -0.7% |
| UNM Unum Group | 0.50% | 33,332 | $2.4M | Reduce -9.8% |
| GSK GSK PLC-Spon ADR | 0.49% | 43,766 | $2.4M | Add +4.3% |
| MRK Merck & Co. Inc. | 0.49% | 19,782 | $2.4M | Add +5.2% |
| LRN Stride Inc. | 0.46% | 25,637 | $2.3M | Add +3.1% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.43% | 65,415 | $2.1M | Reduce -7.6% |
| ORLY O'reilly Automotive Inc. | 0.42% | 21,995 | $2.0M | Reduce -4.0% |
| META Meta Platforms Inc. Class A | 0.41% | 3,494 | $2.0M | Reduce -0.6% |
| FDM First Trust Dow J Select Mic | 0.41% | 24,307 | $2.0M | Add +9.4% |
| JNJ Johnson & Johnson | 0.41% | 8,136 | $2.0M | Add +9.0% |
| PR Permian Resources Corp. Class A | 0.40% | 91,975 | $2.0M | Add +17.2% |
| TPR Tapestry Inc. | 0.40% | 13,800 | $1.9M | Reduce -2.5% |
| MAR Marriott International Class A | 0.39% | 5,828 | $1.9M | Add +2.1% |
| HPQ HP Inc. | 0.38% | 97,662 | $1.9M | Reduce -19.9% |
| AAMI Acadian Asset Management Inc. | 0.38% | 34,460 | $1.9M | Add +6.8% |
| ALSN Allison Transmission Holding | 0.38% | 15,812 | $1.9M | Reduce -5.5% |
| PLAB Photronics Inc. | 0.38% | 45,772 | $1.8M | Reduce -1.3% |
| CSCO Cisco Systems Inc. | 0.37% | 23,343 | $1.8M | Reduce -0.2% |
| UGI Ugi Corp. | 0.37% | 48,978 | $1.8M | Add +17.5% |
| JAZZ Jazz Pharmaceuticals PLC | 0.36% | 9,344 | $1.8M | Add +12.5% |
| HCA HCA Healthcare Inc. | 0.36% | 3,710 | $1.8M | Reduce -5.1% |
| QCOM Qualcomm Inc. | 0.36% | 13,554 | $1.7M | Add +10.2% |
| GRBK Green Brick Partners Inc. | 0.36% | 27,048 | $1.7M | Add +11.3% |
| PSMT Pricesmart Inc. | 0.35% | 11,290 | $1.7M | Reduce -3.3% |
| CBNK Capital Bancorp Inc. | 0.34% | 56,000 | $1.7M | Reduce -6.7% |
| REGN Regeneron Pharmaceuticals | 0.34% | 2,116 | $1.6M | Reduce -0.4% |
| URI United Rentals Inc. | 0.33% | 2,212 | $1.6M | Reduce -3.7% |
| PLGO Pelagos Insurance Capital LT filed as FIDELIS INSURANCE HOLDINGS L | 0.33% | 83,295 | $1.6M | Add +6.5% |
| GLDM SPDR Gold Minishares Trust | 0.32% | 17,073 | $1.6M | Reduce -1.0% |
| CRUS Cirrus Logic Inc. | 0.32% | 10,802 | $1.6M | Add +1.9% |
| AN Autonation Inc. | 0.32% | 7,965 | $1.6M | Reduce -4.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.32% | 5,910 | $1.5M | No change |
| TMHC Taylor Morrison Home Corp. | 0.32% | 26,555 | $1.5M | Add +1.2% |
| NFG National Fuel Gas Co. | 0.31% | 16,138 | $1.5M | Add +5.2% |
| IWB iShares Russell 1000 ETF | 0.30% | 4,168 | $1.5M | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.30% | 16,217 | $1.5M | No change |
| TNK Teekay Tankers Ltd. Class A | 0.30% | 19,842 | $1.5M | Reduce -0.7% |
| VLO Valero Energy Corp. | 0.29% | 5,665 | $1.4M | Reduce -1.3% |
| CBRE CBRE Group Inc. Class A | 0.28% | 10,086 | $1.4M | Reduce -7.2% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.27% | 14,000 | $1.3M | No change |
| RITM Rithm Capital Corp. | 0.27% | 137,830 | $1.3M | Reduce -4.8% |
| LLY Eli Lilly & Co. | 0.27% | 1,419 | $1.3M | New |
| MSFT Microsoft Corp. | 0.27% | 3,498 | $1.3M | Add +7.3% |
| XSMO Invesco S&P Smallcap Momentu | 0.26% | 17,000 | $1.3M | No change |
| ISCG iShares Morningstar Small-Ca | 0.26% | 23,543 | $1.3M | No change |
| PFE Pfizer Inc. | 0.26% | 45,452 | $1.3M | Add +9.7% |
| UPBD Upbound Group Inc. | 0.26% | 70,705 | $1.3M | Add +9.0% |
| GUNR NT Mstar GLBL NR ETF | 0.26% | 23,125 | $1.3M | Reduce -3.9% |
| TAP Molson Coors Beverage Co. Class B | 0.26% | 29,430 | $1.3M | Reduce -6.2% |
Portfolio Sells Q4 2025 → Q1 2026
| AVGO Broadcom Inc. | Reduce -2.5% | 2.84% | −0.48 |
| EQH Equitable Holdings Inc. | Reduce -17.3% | 0.76% | −0.44 |
| VSEC Vse Corp. | Reduce -19.8% | 1.33% | −0.26 |
| TGNA Tegna Inc. | Sold out | 0.00% | −0.25 |
| HRB H&R Block Inc. | Reduce -7.6% | 0.43% | −0.22 |
| HPQ HP Inc. | Reduce -19.9% | 0.38% | −0.18 |
| EXPE Expedia Group Inc. | Reduce -1.0% | 0.61% | −0.16 |
| GOOGL Alphabet Inc. Class A | Reduce -2.2% | 1.12% | −0.15 |
| CLS Celestica Inc. | Reduce -4.8% | 1.19% | −0.15 |
| CDW CDW Corp. | Reduce -2.9% | 0.67% | −0.12 |
| IT Gartner Inc. | Reduce -8.0% | 0.16% | −0.12 |
| COR Cencora Inc. | Reduce -0.8% | 1.11% | −0.12 |
| UNM Unum Group | Reduce -9.8% | 0.50% | −0.10 |
| CBRE CBRE Group Inc. Class A | Reduce -7.2% | 0.28% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.08 |
| CTEV Claritev Corp. | Sold out | 0.00% | −0.08 |
| META Meta Platforms Inc. Class A | Reduce -0.6% | 0.41% | −0.08 |
| SLM SLM Corp. | Reduce -1.4% | 0.21% | −0.07 |
| RITM Rithm Capital Corp. | Reduce -4.8% | 0.27% | −0.06 |
| MEDP Medpace Holdings Inc. | Reduce -6.3% | 0.23% | −0.06 |
| COF Capital One Financial Corp. | Reduce -3.7% | 0.15% | −0.06 |
| URI United Rentals Inc. | Reduce -3.7% | 0.33% | −0.06 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.06 |
| THO Thor Industries Inc. | Sold out | 0.00% | −0.06 |
| CSGS CSG Systems Intl Inc. | Reduce -7.7% | 0.91% | −0.06 |
| FIS Fidelity National Info Serv | Reduce -15.7% | 0.08% | −0.05 |
| TBBK The Bancorp Inc. | Reduce -0.1% | 0.18% | −0.05 |
| COLL Collegium Pharmaceutical Inc. | Reduce -2.0% | 0.11% | −0.05 |
| UAL United Airlines Holdings Inc. | Reduce -16.8% | 0.10% | −0.05 |
| JXN Jackson Financial Inc. Class A | Reduce -3.4% | 0.74% | −0.05 |
| CIVI Civitas Resources Inc. | Sold out | 0.00% | −0.05 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −0.05 |
| CSX CSX Corp. | Sold out | 0.00% | −0.05 |
| TAP Molson Coors Beverage Co. Class B | Reduce -6.2% | 0.26% | −0.05 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.05 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.04 |
| APO Apollo Global Management Inc. | Reduce -6.4% | 0.10% | −0.04 |
| PRGS Progress Software Corp. | Reduce -3.2% | 0.06% | −0.04 |
| AN Autonation Inc. | Reduce -4.3% | 0.32% | −0.04 |
| HPE Hewlett Packard Enterprise | Reduce -0.2% | 1.23% | −0.04 |
| CARS Cars.com Inc. | Reduce -6.3% | 0.06% | −0.04 |
| NAVI Navient Corp. | Sold out | 0.00% | −0.03 |
| KHC The Kraft Heinz Co. | Reduce -13.3% | 0.12% | −0.03 |
| FISV Fiserv Inc. | Reduce -3.5% | 0.12% | −0.03 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -19.6% | 0.14% | −0.03 |
| SANM Sanmina Corp. | Reduce -0.8% | 0.16% | −0.03 |
| VST Vistra Corp. | Reduce -10.2% | 0.14% | −0.03 |
| SPGI S&P Global Inc. | Reduce -1.6% | 0.11% | −0.03 |
| GPI Group 1 Automotive Inc. | Reduce -1.3% | 0.13% | −0.03 |
| CPAY Corpay Inc. | Reduce -5.3% | 0.26% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| DELL Dell Technologies -C | Add +6.6% | 2.15% | +0.57 |
| AVT Avnet Inc. | Add +3.2% | 2.13% | +0.49 |
| TMSL T.rowe PRC Small-Mid Cap ETF | Add +7.1% | 5.57% | +0.37 |
| LLY Eli Lilly & Co. | New | 0.27% | +0.27 |
| BWA Borgwarner Inc. | Add +16.4% | 0.63% | +0.17 |
| PR Permian Resources Corp. Class A | Add +17.2% | 0.40% | +0.17 |
| VVX V2X Inc. | Add +19.3% | 0.52% | +0.17 |
| FHI Federated Hermes Inc. | Add +10.0% | 1.12% | +0.17 |
| VEU Vanguard Ftse All-World Ex-U | Add +28.5% | 0.73% | +0.16 |
| FMDE Fidelity Enhanced Mid Cap Co. | Add +193.9% | 0.24% | +0.15 |
| WLY Wiley (john) & Sons Class A | Add +2.0% | 0.70% | +0.14 |
| DLX Deluxe Corp. | Add +70.5% | 0.26% | +0.13 |
| LRN Stride Inc. | Add +3.1% | 0.46% | +0.13 |
| BMY Bristol-Myers Squibb Co. | Add +8.4% | 0.77% | +0.12 |
| TDW Tidewater Inc. | Add +33.0% | 0.23% | +0.12 |
| VWO Vanguard Ftse Emerging Marke | Add +6.3% | 2.56% | +0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +16.7% | 0.76% | +0.11 |
| JIRE JPMorgan Int Res Enh Eqty | Add +2.9% | 5.20% | +0.10 |
| GPN Global Payments Inc. | New | 0.09% | +0.09 |
| JNJ Johnson & Johnson | Add +9.0% | 0.41% | +0.08 |
| PEP Pepsico Inc. | New | 0.08% | +0.08 |
| MRK Merck & Co. Inc. | Add +5.2% | 0.49% | +0.07 |
| JPST JPMorgan Ultra-Short Income | Add +5.3% | 2.39% | +0.07 |
| SM SM Energy Co. | New | 0.07% | +0.07 |
| KO The Coca-Cola Co. | New | 0.07% | +0.07 |
| AAMI Acadian Asset Management Inc. | Add +6.8% | 0.38% | +0.07 |
| JAZZ Jazz Pharmaceuticals PLC | Add +12.5% | 0.36% | +0.07 |
| GSK GSK PLC-Spon ADR | Add +4.3% | 0.49% | +0.06 |
| ALL Allstate Corp. | New | 0.06% | +0.06 |
| CVSA Covista Inc. | Add +61.0% | 0.13% | +0.06 |
| CRUS Cirrus Logic Inc. | Add +1.9% | 0.32% | +0.06 |
| NFG National Fuel Gas Co. | Add +5.2% | 0.31% | +0.05 |
| CHRD Chord Energy Corp. | New | 0.05% | +0.05 |
| STZ Constellation Brands Inc. Class A | Add +38.5% | 0.15% | +0.05 |
| CMRE Costamare Inc. | Add +1.0% | 0.89% | +0.05 |
| VZ Verizon Communications Inc. | New | 0.05% | +0.05 |
| KEX Kirby Corp. | New | 0.05% | +0.05 |
| T AT&T Inc. | New | 0.05% | +0.05 |
| PFE Pfizer Inc. | Add +9.7% | 0.26% | +0.05 |
| HRMY Harmony Biosciences Holdings | New | 0.04% | +0.04 |
| DAR Darling Ingredients Inc. | New | 0.04% | +0.04 |
| TPL Texas Pacific Land Corp. | New | 0.04% | +0.04 |
| TNL Travel + Leisure Co. | Add +11.9% | 0.59% | +0.04 |
| UGI Ugi Corp. | Add +17.5% | 0.37% | +0.04 |
| FDM First Trust Dow J Select Mic | Add +9.4% | 0.41% | +0.04 |
| GRBK Green Brick Partners Inc. | Add +11.3% | 0.36% | +0.04 |
| INVA Innoviva Inc. | Add +13.5% | 0.17% | +0.04 |
| TDTF NT Iboxx 5Y Dur Tips ETF | Add +5.1% | 0.96% | +0.03 |
| MCK McKesson Corp. | Add +2.3% | 0.59% | +0.03 |
| MO Altria Group Inc. | Add +6.6% | 0.17% | +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 |