Kennicott Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Kennicott Capital Management LLC reported 41 stock positions worth $194.5 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 18.5% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 14.2%) and Vngrd Mrgstr LRG-Cap ETF-Usd (VV, 11.6%). Compared with Q3 2024, it opened 1 new position, sold out of 4, added to 6 and reduced 14. The biggest buy was SS Industrial Select Sector (XLI, shares +0%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −62%).
- Most Recent 13F
- Q2 2026
- Location
- LARKSPUR, CA
- CIK
- 0001863265
- Portfolio Value
- $194.5M (Q4 2024)
- SEC Filing
- 0001754960-25-000038 ↗ filed Jan 16, 2025
Holdings Value
Holdings 41 stocks · $194.5M
| QQQ Invesco QQQ Trust Series 1 | 18.49% | 70,369 | $36.0M | Reduce -42.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 14.21% | 47,178 | $27.6M | Reduce -61.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 11.60% | 83,703 | $22.6M | Reduce -2.1% |
| RBLX Roblox Corp. Class A | 9.09% | 305,484 | $17.7M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 8.45% | 40,045 | $16.4M | Reduce -1.3% |
| IVV iShares Core S&P 500 ETF | 4.78% | 15,787 | $9.3M | Reduce -4.9% |
| XLK SS Technology Select Sector | 4.65% | 38,943 | $9.1M | Reduce -0.0% |
| XLI SS Industrial Select Sector | 2.79% | 41,226 | $5.4M | Add +0.3% |
| XLV SS Health Care Select Sector | 2.54% | 35,974 | $4.9M | Add +0.6% |
| XLY SS Consumer Disc Select Sect | 2.46% | 21,357 | $4.8M | Reduce -2.1% |
| XLF SS Financial Select Sector | 2.13% | 85,590 | $4.1M | Add +0.9% |
| VTI VG Morningstar TS MKT ETF-US | 1.93% | 12,923 | $3.7M | Reduce -31.8% |
| AAPL Apple Inc. | 1.90% | 14,767 | $3.7M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.77% | 20,356 | $3.4M | Reduce -0.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.52% | 12,286 | $3.0M | Reduce -10.4% |
| RSPT Invesco S&P 500 Equal Weight | 1.40% | 72,913 | $2.7M | Reduce -3.9% |
| RSP Invesco S&P 500 Equal Weight | 1.09% | 12,103 | $2.1M | No change |
| VFH Vanguard Financials ETF | 0.88% | 14,510 | $1.7M | No change |
| VCR Vanguard Consumer Discre ETF | 0.83% | 4,308 | $1.6M | No change |
| IVW iShares S&P 500 Growth ETF | 0.72% | 13,748 | $1.4M | No change |
| IWO iShares Russell 2000 Growth | 0.70% | 4,704 | $1.4M | Add +0.0% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.68% | 4,709 | $1.3M | Reduce -8.0% |
| XLP SS Consumer Staples Sel Sect | 0.68% | 16,754 | $1.3M | Add +2.6% |
| NVDA Nvidia Corp. | 0.67% | 9,730 | $1.3M | No change |
| DOCS Doximity Inc. Class A | 0.55% | 20,000 | $1.1M | No change |
| IYH iShares U.S. Healthcare ETF | 0.47% | 15,740 | $917K | Reduce -4.5% |
| AMZN Amazon.com Inc. | 0.38% | 3,335 | $732K | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.29% | 2,168 | $573K | No change |
| SRLN SS Blackstone Sr Loan ETF | 0.29% | 13,446 | $561K | Add +12.2% |
| GOOGL Alphabet Inc. Class A | 0.27% | 2,820 | $534K | No change |
| BKLN Invesco Senior Loan ETF | 0.26% | 23,653 | $498K | No change |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.23% | 1,739 | $441K | No change |
| MSFT Microsoft Corp. | 0.20% | 942 | $397K | No change |
| META Meta Platforms Inc. Class A | 0.20% | 669 | $392K | No change |
| VIS Vanguard Industrials ETF | 0.18% | 1,344 | $342K | No change |
| IWM iShares Russell 2000 ETF | 0.15% | 1,312 | $290K | No change |
| FXD First Trust Consumer Discret | 0.15% | 4,458 | $288K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.12% | 1,439 | $233K | Reduce -10.0% |
| UBER Uber Technologies Inc. | 0.11% | 3,675 | $222K | No change |
| XLC SS Comm Select Sector SPDR | 0.10% | 2,077 | $201K | New |
| NAD Nuveen Quality Municipal Inc. | 0.09% | 15,000 | $175K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -61.6% | 14.21% | −12.86 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -42.2% | 18.49% | −4.28 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Sold out | 0.00% | −0.78 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.53 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -31.8% | 1.93% | −0.13 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.08 |
| BTC Grayscale Bitcoin Mini Trust | Sold out | 0.00% | −0.06 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -10.0% | 0.12% | +0.02 |
| IYH iShares U.S. Healthcare ETF | Reduce -4.5% | 0.47% | +0.06 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -8.0% | 0.68% | +0.15 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -10.4% | 1.52% | +0.27 |
| RSPT Invesco S&P 500 Equal Weight | Reduce -3.9% | 1.40% | +0.31 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.7% | 1.77% | +0.40 |
| XLY SS Consumer Disc Select Sect | Reduce -2.1% | 2.46% | +0.79 |
| IVV iShares Core S&P 500 ETF | Reduce -4.9% | 4.78% | +1.11 |
| XLK SS Technology Select Sector | Reduce -0.0% | 4.65% | +1.28 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.3% | 8.45% | +2.48 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -2.1% | 11.60% | +2.97 |
Portfolio Buys Q3 2024 → Q4 2024
| XLI SS Industrial Select Sector | Add +0.3% | 2.79% | +0.66 |
| XLF SS Financial Select Sector | Add +0.9% | 2.13% | +0.65 |
| XLV SS Health Care Select Sector | Add +0.6% | 2.54% | +0.43 |
| IWO iShares Russell 2000 Growth | Add +0.0% | 0.70% | +0.18 |
| XLP SS Consumer Staples Sel Sect | Add +2.6% | 0.68% | +0.16 |
| XLC SS Comm Select Sector SPDR | New | 0.10% | +0.10 |
| SRLN SS Blackstone Sr Loan ETF | Add +12.2% | 0.29% | +0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 46 | $215.9M | QQQ, VV, VUG, SPY, SGOV |
| Q1 2026 | 46 | $183.1M | QQQ, VUG, VV, SPY, SGOV |
| Q4 2025 | 47 | $206.2M | QQQ, VUG, VV, SPY, SGOV |
| Q3 2025 | 49 | $207.2M | QQQ, VUG, VV, SGOV, SPY |
| Q2 2025 | 49 | $175.3M | QQQ, VUG, VV, SPY, XLK |
| Q1 2025 | 42 | $153.3M | QQQ, VV, SPY, VUG, XLK |
| Q4 2024 | 41 | $194.5M | QQQ, SPY, VV, RBLX, VUG |
| Q3 2024 | 44 | $260.7M | SPY, QQQ, VV, VUG, RBLX |
| Q2 2024 | 41 | $240.5M | SPY, QQQ, VV, VUG, RBLX |
| Q1 2024 | 42 | $226.1M | SPY, QQQ, VV, VUG, RBLX |