Kennondale Capital Management LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Kennondale Capital Management LLC reported 81 stock positions worth $91.7 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 4.1% of the portfolio, followed by Interactive Brokers Gro Class A (IBKR, 3.5%) and Marathon Petroleum (MPC, 3.1%). Compared with Q4 2024, it opened 5 new positions, sold out of 4, added to 8 and reduced 6. The biggest buy was Conagra Brands (CAG, shares +488%) and the biggest sale an exit from Franklin Templeton (BEN).

Most Recent 13F
Q2 2026
Location
RICHMOND, VA
CIK
0002055199
Portfolio Value
$91.7M (Q1 2025)
SEC Filing
0001754960-25-000276 ↗ filed May 6, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2024: $92.6M Q4 2024 Q1 2025: $91.7M $91.7M Q1 2025 Q2 2025: $98.0M Q2 2025 Q3 2025: $130.6M Q3 2025 Q4 2025: $135.9M Q4 2025 Q1 2026: $138.7M Q1 2026 Q2 2026: $150.1M Q2 2026

Holdings 81 stocks · $91.7M
BRK.B Berkshire Hathaway Inc. Class B 4.07% 7,015 $3.7M No change
IBKR Interactive Brokers Gro Class A 3.51% 19,419 $3.2M Reduce -25.8%
MPC Marathon Petroleum Corp. 3.13% 19,718 $2.9M No change
MKL Markel Group Inc. 2.99% 1,465 $2.7M No change
COF Capital One Financial Corp. 2.73% 13,988 $2.5M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 2.71% 27,039 $2.5M Add +46.0%
MMM 3M Co. 2.46% 15,384 $2.3M No change
PRDO Perdoceo Education Corp. 2.46% 89,639 $2.3M Reduce -7.3%
COOP Mr Cooper Group Inc. 2.44% 18,729 $2.2M No change
HII Huntington Ingalls Industrie 2.35% 10,572 $2.2M Add +147.0%
OXY Occidental Petroleum Corp. 2.32% 43,090 $2.1M Add +169.0%
C Citigroup Inc. 2.22% 28,644 $2.0M No change
GRBK Green Brick Partners Inc. 2.19% 34,373 $2.0M Add +54.6%
ALB Albemarle Corp. 2.18% 27,765 $2.0M No change
XOM Exxon Mobil Corp. 2.14% 16,534 $2.0M No change
CAG Conagra Brands Inc. 2.04% 70,222 $1.9M Add +488.0%
HCC Warrior Met Coal Inc. 2.01% 38,586 $1.8M Add +39.1%
ROKU Roku Inc. 1.89% 24,557 $1.7M No change
SBGI Sinclair Inc. 1.87% 107,872 $1.7M No change
ABM Abm Industries Inc. 1.83% 35,436 $1.7M Add +208.5%
BBW Build-A-Bear Workshop Inc. 1.78% 43,892 $1.6M No change
HRB H&R Block Inc. filed as BLOCK H & R INC 1.75% 29,286 $1.6M No change
DUK Duke Energy Corp. 1.71% 12,865 $1.6M No change
PCAR Paccar Inc. 1.66% 15,601 $1.5M No change
Z Zillow Group Inc. Class C 1.52% 20,333 $1.4M No change
CVS CVS Health Corp. 1.46% 19,787 $1.3M No change
FMC FMC Corp. 1.44% 31,216 $1.3M No change
TMO Thermo Fisher Scientific Inc. 1.34% 2,477 $1.2M No change
CMI Cummins Inc. 1.34% 3,911 $1.2M No change
HPQ HP Inc. 1.31% 43,547 $1.2M No change
JNJ Johnson & Johnson 1.29% 7,120 $1.2M No change
KHC The Kraft Heinz Co. 1.27% 38,293 $1.2M No change
REPX Riley Exploration Permian Inc. 1.10% 34,572 $1.0M No change
CCSI Consensus Cloud Solution 1.04% 41,133 $949K No change
ETN Eaton Corp. PLC 0.99% 3,336 $907K Reduce -50.0%
HSII Heidrick & Struggles Intl 0.95% 20,338 $871K No change
ALDX Aldeyra Therapeutics Inc. 0.95% 151,280 $870K No change
QRVO Qorvo Inc. 0.95% 11,979 $867K No change
CACI Caci International Inc. Class A 0.93% 2,326 $853K No change
ETSY Etsy Inc. 0.90% 17,512 $826K No change
W Wayfair Inc. Class A 0.90% 25,737 $824K No change
AMG Affiliated Managers Group 0.90% 4,892 $822K No change
CROX Crocs Inc. 0.88% 7,607 $808K No change
WMT Walmart Inc. 0.88% 9,188 $807K Reduce -50.0%
HUM Humana Inc. 0.86% 2,972 $786K No change
AUB Atlantic Union Bankshares Co. 0.84% 24,849 $774K No change
VLO Valero Energy Corp. 0.84% 5,825 $769K No change
GD General Dynamics Corp. 0.79% 2,659 $725K No change
FCN Fti Consulting Inc. 0.78% 4,383 $719K No change
AMLX Amylyx Pharmaceuticals Inc. 0.78% 202,743 $718K Add +50.8%
VRTS Virtus Investment Partners 0.77% 4,107 $708K No change
IDCC Interdigital Inc. 0.75% 3,321 $687K No change
WCC Wesco International Inc. 0.74% 4,356 $676K No change
FR First Industrial Realty TR 0.70% 11,963 $646K No change
CVI CVR Energy Inc. 0.70% 32,887 $638K No change
BDC Belden Inc. 0.69% 6,345 $636K No change
ACA Arcosa Inc. 0.68% 8,103 $625K No change
DK Delek US Holdings Inc. 0.67% 40,875 $616K New
PREMIER INC-CLASS A 0.67% 31,822 $614K No change
SENEA Seneca Foods Corp. Class A 0.65% 6,721 $598K New
LPX Louisiana-Pacific Corp. 0.63% 6,306 $580K No change
AKRO Akero Therapeutics Inc. 0.62% 14,108 $571K Reduce -50.0%
PLXS Plexus Corp. 0.62% 4,404 $564K Reduce -50.0%
FRME First Merchants Corp. 0.59% 13,495 $546K No change
FULT Fulton Financial Corp. 0.57% 28,942 $524K No change
FANG Diamondback Energy Inc. 0.57% 3,260 $521K No change
WY Weyerhaeuser Co. 0.55% 17,177 $503K No change
CNC Centene Corp. 0.54% 8,163 $496K No change
HUN Huntsman Corp. 0.48% 27,810 $439K No change
AWR American States Water Co. filed as AMER STATES WTR CO 0.48% 5,540 $436K No change
PRK Park National Corp. 0.47% 2,878 $436K No change
BUD Anheuser-Busch Inbev-SPN ADR 0.45% 6,643 $409K No change
BIIB Biogen Inc. 0.41% 2,760 $378K No change
ZIM Zim Integrated Shipping Serv 0.40% 24,916 $364K New
SOLV Solventum Corp. 0.32% 3,845 $292K No change
LEU Centrus Energy Corp. Class A 0.31% 4,514 $281K No change
STOK Stoke Therapeutics Inc. 0.31% 42,100 $280K New
CHTR Charter Communications Inc. Class A 0.30% 741 $273K No change
KOP Koppers Holdings Inc. 0.29% 9,512 $266K No change
PCH Potlatchdeltic Corp. 0.22% 4,557 $206K New
TRC Tejon Ranch Co. 0.19% 10,961 $174K No change

Portfolio Sells Q4 2024 → Q1 2025
BEN Franklin Templeton Inc. Sold out 0.00% −1.72
SEI Solaris Energy Infrastructur Sold out 0.00% −1.57
IBKR Interactive Brokers Gro Class A Reduce -25.8% 3.51% −1.49
ETN Eaton Corp. PLC Reduce -50.0% 0.99% −1.40
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −1.13
WMT Walmart Inc. Reduce -50.0% 0.88% −0.91
PLXS Plexus Corp. Reduce -50.0% 0.62% −0.87
IOVA Iovance Biotherapeutics Inc. Sold out 0.00% −0.42
PRDO Perdoceo Education Corp. Reduce -7.3% 2.46% −0.30
AKRO Akero Therapeutics Inc. Reduce -50.0% 0.62% −0.23

Portfolio Buys Q4 2024 → Q1 2025
CAG Conagra Brands Inc. Add +488.0% 2.04% +1.68
HII Huntington Ingalls Industrie Add +147.0% 2.35% +1.48
OXY Occidental Petroleum Corp. Add +169.0% 2.32% +1.46
ABM Abm Industries Inc. Add +208.5% 1.83% +1.19
GRBK Green Brick Partners Inc. Add +54.6% 2.19% +0.83
DK Delek US Holdings Inc. New 0.67% +0.67
SENEA Seneca Foods Corp. Class A New 0.65% +0.65
TROW T Rowe Price Group Inc. Add +46.0% 2.71% +0.45
ZIM Zim Integrated Shipping Serv New 0.40% +0.40
HCC Warrior Met Coal Inc. Add +39.1% 2.01% +0.38
STOK Stoke Therapeutics Inc. New 0.31% +0.31
AMLX Amylyx Pharmaceuticals Inc. Add +50.8% 0.78% +0.23
PCH Potlatchdeltic Corp. New 0.22% +0.22

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 80$150.1MMPC, IBKR, DK, BRK.B, RKT
Q1 2026 78$138.7MMPC, DK, PRDO, HCC, BRK.B
Q4 2025 83$135.9MRKT, HCC, BBW, ALB, HII
Q3 2025 82$130.6MCOOP, PRDO, MPC, IBKR, GRBK
Q2 2025 82$98.0MIBKR, BRK.B, MPC, COF, MKL
Q1 2025 81$91.7MBRK.B, IBKR, MPC, MKL, COF
Q4 2024Amended 80$92.6MIBKR, BRK.B, MPC, PRDO, MKL