Kennondale Capital Management LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Kennondale Capital Management LLC reported 83 stock positions worth $135.9 million. Its top holding was Rocket Cos Class A (RKT) at 3.8% of the portfolio, followed by Warrior Met Coal (HCC, 3.4%) and Build-A-Bear Workshop (BBW, 3.0%). Compared with Q3 2025, it opened 6 new positions, sold out of 5, added to 4 and reduced 5. The biggest buy was a new position in Rocket Cos Class A (RKT) and the biggest sale an exit from Mr Cooper (COOP).

Most Recent 13F
Q2 2026
Location
RICHMOND, VA
CIK
0002055199
Portfolio Value
$135.9M (Q4 2025)
SEC Filing
0001754960-26-000175 ↗ filed Feb 13, 2026

Holdings Value

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

Holdings 83 stocks · $135.9M
RKT Rocket Cos Inc. Class A 3.77% 264,506 $5.1M New
HCC Warrior Met Coal Inc. 3.42% 52,784 $4.7M Reduce -4.1%
BBW Build-A-Bear Workshop Inc. 3.01% 66,704 $4.1M Add +25.2%
ALB Albemarle Corp. 2.89% 27,765 $3.9M No change
HII Huntington Ingalls Industrie 2.64% 10,572 $3.6M No change
BRK.B Berkshire Hathaway Inc. Class B 2.59% 7,015 $3.5M No change
IBKR Interactive Brokers Gro Class A 2.57% 54,373 $3.5M No change
COF Capital One Financial Corp. 2.49% 13,988 $3.4M No change
C Citigroup Inc. 2.46% 28,644 $3.3M No change
PRDO Perdoceo Education Corp. 2.43% 112,476 $3.3M No change
MPC Marathon Petroleum Corp. 2.36% 19,718 $3.2M No change
MKL Markel Group Inc. 2.32% 1,465 $3.1M No change
GRBK Green Brick Partners Inc. 2.26% 48,995 $3.1M No change
ABM Abm Industries Inc. 2.05% 65,779 $2.8M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 2.04% 27,039 $2.8M No change
ROKU Roku Inc. 1.96% 24,557 $2.7M No change
MMM 3M Co. 1.81% 15,384 $2.5M No change
AMR Alpha Metallurgical Resource 1.81% 12,312 $2.5M Add +29.5%
SBGI Sinclair Inc. 1.73% 153,816 $2.4M No change
DK Delek US Holdings Inc. 1.65% 75,810 $2.2M Add +30.0%
TDW Tidewater Inc. 1.63% 43,995 $2.2M New
ROCK Gibraltar Industries Inc. 1.52% 41,852 $2.1M New
CNC Centene Corp. 1.48% 48,978 $2.0M No change
AMG Affiliated Managers Group 1.48% 6,976 $2.0M No change
REPX Riley Exploration Permian Inc. 1.47% 75,667 $2.0M No change
CMI Cummins Inc. 1.47% 3,911 $2.0M No change
XOM Exxon Mobil Corp. 1.46% 16,534 $2.0M No change
AUB Atlantic Union Bankshares Co. 1.38% 53,329 $1.9M No change
OXY Occidental Petroleum Corp. 1.30% 43,090 $1.8M No change
CACI Caci International Inc. Class A 1.30% 3,324 $1.8M No change
PCAR Paccar Inc. 1.26% 15,601 $1.7M No change
W Wayfair Inc. Class A 1.25% 16,885 $1.7M Reduce -30.0%
CVS CVS Health Corp. 1.16% 19,787 $1.6M No change
ZIM Zim Integrated Shipping Serv 1.13% 72,509 $1.5M Add +104.0%
WCC Wesco International Inc. 1.12% 6,214 $1.5M No change
IDCC Interdigital Inc. 1.11% 4,759 $1.5M No change
DUK Duke Energy Corp. 1.11% 12,865 $1.5M No change
JNJ Johnson & Johnson 1.08% 7,120 $1.5M No change
VZ Verizon Communications Inc. 1.07% 35,682 $1.5M New
TMO Thermo Fisher Scientific Inc. 1.06% 2,477 $1.4M No change
Z Zillow Group Inc. Class C 1.02% 20,333 $1.4M No change
CCSI Consensus Cloud Solution 0.94% 58,593 $1.3M No change
HRB H&R Block Inc. filed as BLOCK H & R INC 0.94% 29,286 $1.3M No change
STOK Stoke Therapeutics Inc. 0.90% 38,731 $1.2M Reduce -44.5%
CAG Conagra Brands Inc. 0.89% 70,222 $1.2M No change
FULT Fulton Financial Corp. 0.82% 57,451 $1.1M No change
ACIC American Coastal Insurance C 0.79% 85,456 $1.1M No change
FCN Fti Consulting Inc. 0.79% 6,247 $1.1M No change
ETN Eaton Corp. PLC 0.78% 3,336 $1.1M No change
SENEA Seneca Foods Corp. Class A 0.78% 9,591 $1.1M No change
BDC Belden Inc. 0.78% 9,069 $1.1M No change
WMT Walmart Inc. 0.75% 9,188 $1.0M No change
QRVO Qorvo Inc. 0.74% 11,979 $1.0M No change
FR First Industrial Realty TR 0.72% 17,077 $978K No change
ETSY Etsy Inc. 0.71% 17,512 $971K No change
HPQ HP Inc. 0.71% 43,547 $970K No change
VRTS Virtus Investment Partners 0.70% 5,837 $952K No change
VLO Valero Energy Corp. 0.70% 5,825 $948K No change
KHC The Kraft Heinz Co. 0.68% 38,293 $929K No change
CROX Crocs Inc. 0.68% 10,853 $928K No change
PLXS Plexus Corp. 0.68% 6,282 $923K No change
CVI CVR Energy Inc. 0.68% 36,235 $922K No change
GD General Dynamics Corp. 0.66% 2,659 $895K No change
IOVA Iovance Biotherapeutics Inc. 0.64% 318,188 $869K No change
ACA Arcosa Inc. 0.63% 8,103 $861K No change
HUM Humana Inc. 0.56% 2,972 $761K No change
LPX Louisiana-Pacific Corp. 0.53% 8,996 $727K No change
FRME First Merchants Corp. 0.53% 19,259 $722K No change
AMLX Amylyx Pharmaceuticals Inc. 0.47% 53,423 $645K Reduce -50.8%
ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW 0.47% 225,890 $632K New
PRK Park National Corp. 0.46% 4,108 $625K No change
BHVN Biohaven Ltd. 0.44% 52,693 $595K New
AWR American States Water Co. filed as AMER STATES WTR CO 0.42% 7,912 $573K No change
FANG Diamondback Energy Inc. 0.36% 3,260 $490K No change
BIIB Biogen Inc. 0.36% 2,760 $486K No change
LEU Centrus Energy Corp. Class A 0.33% 1,844 $448K Reduce -52.6%
FMC FMC Corp. 0.32% 31,216 $433K No change
BUD Anheuser-Busch Inbev-SPN ADR 0.31% 6,643 $425K No change
WY Weyerhaeuser Co. 0.30% 17,177 $407K No change
KOP Koppers Holdings Inc. 0.27% 13,578 $368K No change
SOLV Solventum Corp. 0.22% 3,845 $305K No change
HUN Huntsman Corp. 0.20% 27,810 $278K No change
PCH Potlatchdeltic Corp. 0.19% 6,509 $259K No change

Portfolio Sells Q3 2025 → Q4 2025
COOP Mr Cooper Group Inc. Sold out 0.00% −3.88
HSII Heidrick & Struggles Intl Sold out 0.00% −1.10
PREMIER INC-CLASS A Sold out 0.00% −0.97
AKRO Akero Therapeutics Inc. Sold out 0.00% −0.73
AMLX Amylyx Pharmaceuticals Inc. Reduce -50.8% 0.47% −0.66
LEU Centrus Energy Corp. Class A Reduce -52.6% 0.33% −0.59
W Wayfair Inc. Class A Reduce -30.0% 1.25% −0.40
STOK Stoke Therapeutics Inc. Reduce -44.5% 0.90% −0.35
CHTR Charter Communications Inc. Class A Sold out 0.00% −0.16
HCC Warrior Met Coal Inc. Reduce -4.1% 3.42% +0.74

Portfolio Buys Q3 2025 → Q4 2025
RKT Rocket Cos Inc. Class A New 3.77% +3.77
TDW Tidewater Inc. New 1.63% +1.63
ROCK Gibraltar Industries Inc. New 1.52% +1.52
VZ Verizon Communications Inc. New 1.07% +1.07
ZIM Zim Integrated Shipping Serv Add +104.0% 1.13% +0.76
AMR Alpha Metallurgical Resource Add +29.5% 1.81% +0.62
ACH Accendra Health Inc. New 0.47% +0.47
BHVN Biohaven Ltd. New 0.44% +0.44
BBW Build-A-Bear Workshop Inc. Add +25.2% 3.01% +0.35
DK Delek US Holdings Inc. Add +30.0% 1.65% +0.21

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