Kennondale Capital Management LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Kennondale Capital Management LLC reported 78 stock positions worth $138.7 million. Its top holding was Marathon Petroleum (MPC) at 3.5% of the portfolio, followed by Delek US (DK, 3.2%) and Perdoceo Education (PRDO, 3.0%). Compared with Q4 2025, it opened 4 new positions, sold out of 9, added to 8 and reduced 6. The biggest buy was Delek US (DK, shares +31%) and the biggest sale Build-A-Bear Workshop (BBW, shares −20%).

Most Recent 13F
Q2 2026
Location
RICHMOND, VA
CIK
0002055199
Portfolio Value
$138.7M (Q1 2026)
SEC Filing
0001754960-26-000374 ↗ filed May 12, 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 Q4 2025 Q1 2026: $138.7M $138.7M Q1 2026 Q2 2026: $150.1M Q2 2026

Holdings 78 stocks · $138.7M
MPC Marathon Petroleum Corp. 3.47% 19,718 $4.8M No change
DK Delek US Holdings Inc. 3.23% 99,493 $4.5M Add +31.2%
PRDO Perdoceo Education Corp. 3.02% 112,476 $4.2M No change
HCC Warrior Met Coal Inc. 3.01% 44,901 $4.2M Reduce -14.9%
BRK.B Berkshire Hathaway Inc. Class B 2.87% 8,317 $4.0M Add +18.6%
RKT Rocket Cos Inc. Class A 2.71% 263,712 $3.8M Reduce -0.3%
TDW Tidewater Inc. 2.65% 43,995 $3.7M No change
IBKR Interactive Brokers Gro Class A 2.63% 54,373 $3.6M No change
REPX Riley Exploration Permian Inc. 2.47% 94,041 $3.4M Add +24.3%
HRB H&R Block Inc. filed as BLOCK H & R INC 2.39% 104,304 $3.3M Add +256.2%
C Citigroup Inc. 2.34% 28,644 $3.2M No change
GRBK Green Brick Partners Inc. 2.28% 48,995 $3.2M No change
ALB Albemarle Corp. 2.22% 17,193 $3.1M Reduce -38.1%
XOM Exxon Mobil Corp. 2.02% 16,534 $2.8M No change
MKL Markel Group Inc. 2.02% 1,465 $2.8M No change
OXY Occidental Petroleum Corp. 2.02% 43,090 $2.8M No change
COF Capital One Financial Corp. 1.84% 13,988 $2.6M No change
ABM Abm Industries Inc. 1.83% 65,779 $2.5M No change
HII Huntington Ingalls Industrie 1.79% 6,553 $2.5M Reduce -38.0%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 1.76% 27,039 $2.4M No change
ROKU Roku Inc. 1.67% 24,557 $2.3M No change
MMM 3M Co. 1.61% 15,384 $2.2M No change
CMI Cummins Inc. 1.52% 3,911 $2.1M No change
SBGI Sinclair Inc. 1.43% 153,816 $2.0M No change
BBW Build-A-Bear Workshop Inc. 1.43% 53,140 $2.0M Reduce -20.3%
AMG Affiliated Managers Group 1.39% 6,976 $1.9M No change
GDOT Green Dot Corp. Class A 1.39% 171,313 $1.9M New
ZIM Zim Integrated Shipping Serv 1.38% 72,509 $1.9M No change
AUB Atlantic Union Bankshares Co. 1.37% 53,329 $1.9M No change
CACI Caci International Inc. Class A 1.30% 3,324 $1.8M No change
PCAR Paccar Inc. 1.30% 15,601 $1.8M No change
VZ Verizon Communications Inc. 1.29% 35,682 $1.8M No change
JNJ Johnson & Johnson 1.25% 7,120 $1.7M No change
DUK Duke Energy Corp. 1.21% 12,865 $1.7M No change
ROCK Gibraltar Industries Inc. 1.20% 41,852 $1.7M No change
ACIC American Coastal Insurance C 1.19% 146,782 $1.7M Add +71.8%
CNC Centene Corp. 1.16% 48,978 $1.6M No change
MAT Mattel Inc. 1.08% 103,235 $1.5M New
SENEA Seneca Foods Corp. Class A 1.04% 9,591 $1.4M No change
VLO Valero Energy Corp. 1.04% 5,825 $1.4M No change
IDCC Interdigital Inc. 1.04% 4,759 $1.4M No change
CVS CVS Health Corp. 1.02% 19,787 $1.4M No change
AMR Alpha Metallurgical Resource 1.01% 6,813 $1.4M Reduce -44.7%
CCSI Consensus Cloud Solution 1.00% 58,593 $1.4M No change
VRTS Virtus Investment Partners 0.95% 9,774 $1.3M Add +67.5%
BIIB Biogen Inc. 0.92% 6,967 $1.3M Add +152.4%
W Wayfair Inc. Class A 0.92% 16,885 $1.3M No change
T AT&T Inc. 0.91% 43,476 $1.3M New
TMO Thermo Fisher Scientific Inc. 0.88% 2,477 $1.2M No change
ETN Eaton Corp. PLC 0.86% 3,336 $1.2M No change
WY Weyerhaeuser Co. 0.86% 48,804 $1.2M Add +184.1%
FULT Fulton Financial Corp. 0.84% 57,451 $1.2M No change
WMT Walmart Inc. 0.82% 9,188 $1.1M No change
IOVA Iovance Biotherapeutics Inc. 0.81% 318,188 $1.1M No change
FCN Fti Consulting Inc. 0.80% 6,247 $1.1M No change
CAG Conagra Brands Inc. 0.80% 70,222 $1.1M No change
BDC Belden Inc. 0.75% 9,069 $1.0M No change
FR First Industrial Realty TR 0.71% 17,077 $988K No change
QRVO Qorvo Inc. 0.67% 11,979 $927K No change
GD General Dynamics Corp. 0.66% 2,659 $913K No change
CROX Crocs Inc. 0.65% 10,853 $901K No change
ETSY Etsy Inc. 0.63% 17,512 $875K No change
KHC The Kraft Heinz Co. 0.62% 38,293 $861K No change
ACA Arcosa Inc. 0.62% 8,103 $860K No change
Z Zillow Group Inc. Class C 0.61% 20,333 $841K No change
HPQ HP Inc. 0.60% 43,547 $837K No change
PRK Park National Corp. 0.48% 4,108 $671K No change
LPX Louisiana-Pacific Corp. 0.47% 8,996 $654K No change
FANG Diamondback Energy Inc. 0.46% 3,260 $645K No change
AWR American States Water Co. filed as AMER STATES WTR CO 0.43% 7,912 $598K No change
KOP Koppers Holdings Inc. 0.38% 13,578 $525K No change
HUM Humana Inc. 0.37% 2,972 $515K No change
ACH Accendra Health Inc. 0.37% 225,890 $515K No change
BUD Anheuser-Busch Inbev-SPN ADR 0.33% 6,643 $461K No change
BHVN Biohaven Ltd. 0.32% 52,693 $446K No change
LEU Centrus Energy Corp. Class A 0.23% 1,844 $320K No change
SOLV Solventum Corp. 0.18% 3,845 $251K No change
RYN Rayonier Inc. 0.18% 11,836 $244K New

Portfolio Sells Q4 2025 → Q1 2026
BBW Build-A-Bear Workshop Inc. Reduce -20.3% 1.43% −1.57
WCC Wesco International Inc. Sold out 0.00% −1.12
RKT Rocket Cos Inc. Class A Reduce -0.3% 2.71% −1.06
STOK Stoke Therapeutics Inc. Sold out 0.00% −0.90
HII Huntington Ingalls Industrie Reduce -38.0% 1.79% −0.85
AMR Alpha Metallurgical Resource Reduce -44.7% 1.01% −0.80
PLXS Plexus Corp. Sold out 0.00% −0.68
CVI CVR Energy Inc. Sold out 0.00% −0.68
ALB Albemarle Corp. Reduce -38.1% 2.22% −0.66
FRME First Merchants Corp. Sold out 0.00% −0.53
AMLX Amylyx Pharmaceuticals Inc. Sold out 0.00% −0.47
HCC Warrior Met Coal Inc. Reduce -14.9% 3.01% −0.41
FMC FMC Corp. Sold out 0.00% −0.32
HUN Huntsman Corp. Sold out 0.00% −0.20
PCH Potlatchdeltic Corp. Sold out 0.00% −0.19

Portfolio Buys Q4 2025 → Q1 2026
DK Delek US Holdings Inc. Add +31.2% 3.23% +1.58
HRB H&R Block Inc. Add +256.2% 2.39% +1.45
GDOT Green Dot Corp. Class A New 1.39% +1.39
MAT Mattel Inc. New 1.08% +1.08
REPX Riley Exploration Permian Inc. Add +24.3% 2.47% +1.00
T AT&T Inc. New 0.91% +0.91
BIIB Biogen Inc. Add +152.4% 0.92% +0.56
WY Weyerhaeuser Co. Add +184.1% 0.86% +0.56
ACIC American Coastal Insurance C Add +71.8% 1.19% +0.40
BRK.B Berkshire Hathaway Inc. Class B Add +18.6% 2.87% +0.28
VRTS Virtus Investment Partners Add +67.5% 0.95% +0.25
RYN Rayonier Inc. New 0.18% +0.18

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