M&R Capital Management Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 2, 2024), M&R Capital Management Inc. reported 546 stock positions worth $408.3 million. Its top holding was Apple (AAPL) at 7.1% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 6.5%) and Broadcom (AVGO, 6.5%). Compared with Q4 2023, it opened 15 new positions, sold out of 101, added to 86 and reduced 178. The biggest buy was 3M (MMM, shares +638%) and the biggest sale Broadcom (AVGO, shares −34%).
- Most Recent 13F
- Q3 2024
- Location
- SUMMIT, NJ
- CIK
- 0001057395
- Portfolio Value
- $408.3M (Q1 2024)
- SEC Filing
- 0001214659-24-005825 ↗ filed Apr 2, 2024
Holdings Value
Holdings 546 stocks · $408.3M
| AAPL Apple Inc. | 7.14% | 169,877 | $29.1M | Reduce -8.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.52% | 63,383 | $26.6M | Reduce -1.8% |
| AVGO Broadcom Inc. | 6.49% | 20,006 | $26.5M | Reduce -34.4% |
| GOOGL Alphabet Inc. Class A | 4.76% | 128,756 | $19.4M | Reduce -0.9% |
| LOW Lowe's Cos Inc. | 4.42% | 70,917 | $18.1M | Reduce -1.6% |
| MRK Merck & Co. Inc. | 4.00% | 123,652 | $16.3M | Reduce -1.4% |
| V Visa Inc. Class A | 3.67% | 53,755 | $15.0M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 3.50% | 79,328 | $14.3M | Reduce -2.3% |
| MSFT Microsoft Corp. | 2.98% | 28,965 | $12.2M | Reduce -5.1% |
| CVS CVS Health Corp. | 2.90% | 148,476 | $11.8M | Reduce -1.6% |
| JPM JPMorgan Chase & Co. | 2.75% | 56,069 | $11.2M | Reduce -2.8% |
| DVN Devon Energy Corp. | 2.14% | 174,675 | $8.8M | Reduce -2.9% |
| FISV Fiserv Inc. | 2.13% | 54,328 | $8.7M | Reduce -3.8% |
| GOOG Alphabet Inc. Class C | 2.05% | 55,011 | $8.4M | Reduce -3.6% |
| JPST JPMorgan Ultra-Short Income | 1.80% | 145,411 | $7.3M | Reduce -9.8% |
| PEP Pepsico Inc. | 1.72% | 40,150 | $7.0M | Reduce -0.8% |
| CFG Citizens Financial Group | 1.66% | 187,476 | $6.8M | Reduce -1.5% |
| MMM 3M Co. | 1.39% | 53,613 | $5.7M | Add +638.5% |
| C Citigroup Inc. | 1.27% | 81,731 | $5.2M | Add +0.2% |
| ACN Accenture PLC Class A | 1.27% | 14,918 | $5.2M | Add +0.0% |
| NVDA Nvidia Corp. | 1.24% | 5,618 | $5.1M | Reduce -13.2% |
| NSC Norfolk Southern Corp. | 1.22% | 19,498 | $5.0M | Reduce -0.8% |
| COST Costco Wholesale Corp. | 1.18% | 6,575 | $4.8M | Reduce -8.6% |
| FDX FedEx Corp. | 1.16% | 16,358 | $4.7M | Reduce -0.5% |
| CMCSA Comcast Corp. Class A | 0.95% | 89,500 | $3.9M | Reduce -1.6% |
| LSXMA Liberty Media Corp. Class A New | 0.93% | 127,210 | $3.8M | Reduce -0.1% |
| JNJ Johnson & Johnson | 0.91% | 23,395 | $3.7M | Reduce -4.1% |
| UNP Union Pacific Corp. | 0.81% | 13,479 | $3.3M | Reduce -4.8% |
| KO The Coca-Cola Co. | 0.79% | 52,775 | $3.2M | Reduce -2.1% |
| HD Home Depot Inc. | 0.79% | 8,354 | $3.2M | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.77% | 27,202 | $3.2M | Add +1.1% |
| EWBC East West Bancorp Inc. | 0.75% | 38,472 | $3.0M | Add +13.8% |
| UNH Unitedhealth Group Inc. | 0.74% | 6,140 | $3.0M | Reduce -4.8% |
| LW Lamb Weston Holdings Inc. | 0.71% | 27,358 | $2.9M | Add +0.6% |
| CSX CSX Corp. | 0.71% | 78,145 | $2.9M | Reduce -0.5% |
| ABBV Abbvie Inc. | 0.70% | 15,625 | $2.8M | Reduce -0.6% |
| KR Kroger Co. | 0.68% | 48,775 | $2.8M | Reduce -0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.62% | 4 | $2.5M | No change |
| ABT Abbott Laboratories | 0.58% | 20,969 | $2.4M | Reduce -1.0% |
| PG The Procter & Gamble Co. | 0.57% | 14,250 | $2.3M | Reduce -1.0% |
| ACGL Arch Capital Group Ltd. | 0.53% | 23,202 | $2.1M | Add +15.1% |
| IBB iShares Biotechnology ETF | 0.52% | 15,571 | $2.1M | Add +0.0% |
| ETN Eaton Corp. PLC | 0.52% | 6,800 | $2.1M | Reduce -15.2% |
| CL Colgate-Palmolive Co. | 0.52% | 23,388 | $2.1M | Reduce -3.1% |
| CP Canadian Pacific Kansas City | 0.46% | 21,209 | $1.9M | Reduce -0.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.43% | 5,504 | $1.8M | Reduce -9.3% |
| CRM Salesforce Inc. | 0.40% | 5,392 | $1.6M | Reduce -16.4% |
| MA Mastercard Inc. Class A | 0.38% | 3,199 | $1.5M | Reduce -16.4% |
| LLY Eli Lilly & Co. | 0.34% | 1,772 | $1.4M | Reduce -25.4% |
| PSX Phillips 66 | 0.34% | 8,413 | $1.4M | Add +71.2% |
| SYK Stryker Corp. | 0.31% | 3,504 | $1.3M | No change |
| CNI Canadian Natl Railway Co. | 0.29% | 8,884 | $1.2M | No change |
| MCD McDonald's Corp. | 0.28% | 4,115 | $1.2M | Add +2.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 11,366 | $1.2M | Reduce -20.6% |
| IWM iShares Russell 2000 ETF | 0.28% | 5,454 | $1.1M | Reduce -0.2% |
| ANET Arista Networks Inc. | 0.28% | 3,950 | $1.1M | New |
| XLK SS Technology Select Sector | 0.28% | 5,477 | $1.1M | Add +1.2% |
| MDLZ Mondelez International Inc. Class A | 0.28% | 16,075 | $1.1M | Add +4.2% |
| CVX Chevron Corp. | 0.27% | 7,109 | $1.1M | Reduce -9.6% |
| CACI Caci International Inc. Class A | 0.27% | 2,883 | $1.1M | New |
| PFE Pfizer Inc. | 0.25% | 36,554 | $1.0M | Reduce -9.8% |
| AFL Aflac Inc. | 0.25% | 11,809 | $1.0M | Reduce -0.1% |
| BX Blackstone Inc. | 0.24% | 7,597 | $998K | Reduce -3.8% |
| LSXMK Liberty Media Corp.-Liber-New | 0.24% | 32,748 | $972K | Reduce -0.2% |
| CI The Cigna Group | 0.21% | 2,392 | $869K | No change |
| NEE Nextera Energy Inc. | 0.21% | 13,551 | $866K | Reduce -23.7% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.21% | 15,045 | $865K | Reduce -1.9% |
| ALL Allstate Corp. | 0.21% | 4,979 | $861K | No change |
| COP Conocophillips | 0.21% | 6,587 | $838K | Reduce -17.7% |
| HSIC Henry Schein Inc. | 0.20% | 11,038 | $833K | No change |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.19% | 14,439 | $791K | Add +0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.19% | 20,193 | $766K | Reduce -36.0% |
| HON Honeywell International Inc. | 0.19% | 3,706 | $761K | Reduce -14.5% |
| SNV Synovus Financial Corp. | 0.18% | 17,961 | $720K | Reduce -16.8% |
| ADP Automatic Data Processing | 0.17% | 2,724 | $680K | Reduce -3.3% |
| LIN Linde PLC | 0.16% | 1,444 | $670K | Reduce -17.1% |
| YUM Yum! Brands Inc. | 0.15% | 4,505 | $625K | Reduce -2.2% |
| HSY The Hershey Co. | 0.15% | 3,109 | $604K | Add +0.1% |
| BDX Becton Dickinson and Co. | 0.15% | 2,433 | $602K | No change |
| GIS General Mills Inc. | 0.15% | 8,470 | $592K | Reduce -9.0% |
| CB Chubb Ltd. | 0.13% | 2,070 | $536K | Add +0.1% |
| STT State Street Corp. | 0.13% | 6,890 | $532K | Reduce -9.1% |
| AXP American Express Co. | 0.12% | 2,222 | $506K | Reduce -3.0% |
| INSIGHT SELECT INCOME FUND | 0.12% | 30,653 | $505K | Reduce -7.4% |
| GLD SPDR Gold Shares | 0.12% | 2,370 | $488K | Reduce -25.1% |
| PRGO Perrigo Co. PLC | 0.12% | 14,717 | $474K | Add +3.0% |
| ARCC Ares Capital Corp. | 0.11% | 21,954 | $457K | Reduce -8.5% |
| FYT First Trust Small Cap Val | 0.11% | 8,320 | $452K | No change |
| AWK American Water Works Co. Inc. | 0.11% | 3,580 | $437K | No change |
| PEG Public Service Enterprise GP | 0.10% | 6,116 | $408K | Reduce -3.9% |
| WMT Walmart Inc. | 0.10% | 6,712 | $404K | Reduce -4.0% |
| FAST Fastenal Co. | 0.10% | 5,134 | $396K | No change |
| IMCV iShares Morningstar Mid-Cap | 0.10% | 5,445 | $395K | No change |
| LHX L3HARRIS Technologies Inc. | 0.09% | 1,802 | $384K | Add +7.1% |
| USB US Bancorp | 0.09% | 8,550 | $381K | Add +0.2% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.09% | 4,000 | $354K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 1,765 | $337K | Reduce -2.4% |
| KRE SS SPDR S&P Regional Bank | 0.08% | 6,548 | $329K | Reduce -1.4% |
| NVS Novartis AG-Sponsored ADR | 0.08% | 3,308 | $320K | Reduce -10.8% |
| INTC Intel Corp. | 0.08% | 7,150 | $315K | No change |
Other holdings (2): bonds, preferreds, convertibles and warrants · $15K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 12 | $14K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 18 | $776 | New |
Total filed on the 13F, all lines: $408.3M.
Portfolio Sells Q4 2023 → Q1 2024
| AVGO Broadcom Inc. | Reduce -34.4% | 6.49% | −2.02 |
| AAPL Apple Inc. | Reduce -8.3% | 7.14% | −1.78 |
| WBD Warner Bros Discovery Inc. | Reduce -96.3% | 0.01% | −0.32 |
| JPST JPMorgan Ultra-Short Income | Reduce -9.8% | 1.80% | −0.23 |
| AMD Advanced Micro Devices | Reduce -84.8% | 0.03% | −0.15 |
| TSLA Tesla Inc. | Reduce -98.0% | 0.00% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -4.8% | 0.74% | −0.11 |
| IJR iShares Core S&P Small-Cap E | Reduce -69.1% | 0.05% | −0.10 |
| CSCO Cisco Systems Inc. | Reduce -64.7% | 0.05% | −0.10 |
| T AT&T Inc. | Reduce -93.1% | 0.01% | −0.09 |
| CVS CVS Health Corp. | Reduce -1.6% | 2.90% | −0.08 |
| BAC Bank of America Corp. | Reduce -36.0% | 0.19% | −0.08 |
| VXF Vanguard Extended Market ETF | Reduce -93.9% | 0.01% | −0.08 |
| EOG EOG Resources Inc. | Reduce -90.6% | 0.01% | −0.07 |
| BP BP PLC-Spons ADR | Reduce -97.6% | 0.00% | −0.07 |
| IRM Iron Mountain Inc. | Reduce -71.6% | 0.03% | −0.07 |
| NFLX Netflix Inc. | Reduce -91.7% | 0.01% | −0.07 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -98.6% | 0.00% | −0.06 |
| VICI Vici Properties Inc. | Reduce -40.0% | 0.08% | −0.06 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.06 |
| UNP Union Pacific Corp. | Reduce -4.8% | 0.81% | −0.06 |
| NEE Nextera Energy Inc. | Reduce -23.7% | 0.21% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -94.5% | 0.00% | −0.06 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.05 |
| TJX TJX Companies Inc. | Reduce -20.6% | 0.28% | −0.05 |
| QCOM Qualcomm Inc. | Reduce -49.7% | 0.07% | −0.05 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.05 |
| JNJ Johnson & Johnson | Reduce -4.1% | 0.91% | −0.05 |
| BUD Anheuser-Busch Inbev-SPN ADR | Sold out | 0.00% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -1.6% | 0.95% | −0.05 |
| DT Dynatrace Inc. | Sold out | 0.00% | −0.05 |
| RY Royal Bank of Canada | Sold out | 0.00% | −0.05 |
| PFE Pfizer Inc. | Reduce -9.8% | 0.25% | −0.04 |
| DVY iShares Select Dividend ETF | Reduce -98.6% | 0.00% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -40.2% | 0.08% | −0.04 |
| HON Honeywell International Inc. | Reduce -14.5% | 0.19% | −0.04 |
| OXY Occidental Petroleum Corp. | Reduce -65.8% | 0.02% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -65.1% | 0.02% | −0.04 |
| U Unity Software Inc. | Sold out | 0.00% | −0.04 |
| ADI Analog Devices Inc. | Reduce -85.8% | 0.01% | −0.04 |
| TGT Target Corp. | Reduce -77.0% | 0.01% | −0.04 |
| GLD SPDR Gold Shares | Reduce -25.1% | 0.12% | −0.03 |
| IEUR iShares Core MSCI Europe ETF | Sold out | 0.00% | −0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -27.4% | 0.08% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -16.4% | 0.38% | −0.03 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -74.2% | 0.01% | −0.03 |
| COP Conocophillips | Reduce -17.7% | 0.21% | −0.03 |
| SNV Synovus Financial Corp. | Reduce -16.8% | 0.18% | −0.03 |
| CRM Salesforce Inc. | Reduce -16.4% | 0.40% | −0.03 |
Portfolio Buys Q4 2023 → Q1 2024
| MMM 3M Co. | Add +638.5% | 1.39% | +1.19 |
| ANET Arista Networks Inc. | New | 0.28% | +0.28 |
| CACI Caci International Inc. Class A | New | 0.27% | +0.27 |
| C Citigroup Inc. | Add +0.2% | 1.27% | +0.22 |
| PSX Phillips 66 | Add +71.2% | 0.34% | +0.17 |
| ACGL Arch Capital Group Ltd. | Add +15.1% | 0.53% | +0.15 |
| EWBC East West Bancorp Inc. | Add +13.8% | 0.75% | +0.14 |
| XOM Exxon Mobil Corp. | Add +1.1% | 0.77% | +0.10 |
| HD Home Depot Inc. | Add +0.2% | 0.79% | +0.06 |
| PH Parker Hannifin Corp. | Add +254.4% | 0.06% | +0.05 |
| JBL Jabil Inc. | New | 0.04% | +0.04 |
| LGND Ligand Pharmaceuticals | New | 0.04% | +0.04 |
| GTLS Chart Industries Inc. | New | 0.04% | +0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Add +134.4% | 0.05% | +0.03 |
| XLK SS Technology Select Sector | Add +1.2% | 0.28% | +0.02 |
| CB Chubb Ltd. | Add +0.1% | 0.13% | +0.01 |
| EMR Emerson Electric Co. | Add +45.0% | 0.02% | +0.01 |
| SLB SLB Ltd. | Add +0.6% | 0.19% | +0.01 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.01% | +0.01 |
| GSEW Goldman Sachs Eql WGHT Large | Add +74.1% | 0.01% | +0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +16.8% | 0.03% | +0.01 |
| UPS United Parcel Service Class B | Add +80.2% | 0.02% | +0.01 |
| PFF iShares Preferred & Income S | Add +280.0% | 0.01% | +0.01 |
| LHX L3HARRIS Technologies Inc. | Add +7.1% | 0.09% | +0.01 |
| SON Sonoco Products Co. | Add +40.5% | 0.02% | +0.01 |
| IMCG iShares Morningstar Mid-Cap | Add +253.0% | 0.01% | +0.01 |
| VONG Vanguard Russell 1000 Growth | Add +0.2% | 0.06% | +0.00 |
| FLIN Franklin Ftse India ETF | Add +1603.3% | 0.00% | +0.00 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +36.3% | 0.01% | +0.00 |
| IWD iShares Russell 1000 Value E | Add +0.2% | 0.07% | +0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +56.9% | 0.01% | +0.00 |
| EXPE Expedia Group Inc. | Add +384.6% | 0.00% | +0.00 |
| HSY The Hershey Co. | Add +0.1% | 0.15% | +0.00 |
| O Realty Income Corp. | Add +20.0% | 0.03% | +0.00 |
| FTCS First Trust Capital Strength | Add +705.0% | 0.00% | +0.00 |
| XNXNX Nuveen NY Sel Tax-FR Inc. | New | 0.00% | +0.00 |
| REXR Rexford Industrial Realty Inc. | New | 0.00% | +0.00 |
| MDT Medtronic PLC | Add +0.3% | 0.08% | +0.00 |
| SBUX Starbucks Corp. | Add +49.3% | 0.01% | +0.00 |
| DOX Amdocs Ltd. | New | 0.00% | +0.00 |
| EMO Clearbridge Energy Midstream | New | 0.00% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +0.2% | 0.03% | +0.00 |
| TSCO Tractor Supply Company | Add +36.5% | 0.00% | +0.00 |
| PATH Uipath Inc. Class A | New | 0.00% | +0.00 |
| CASY Casey's General Stores Inc. | New | 0.00% | +0.00 |
| MATW Matthews Intl Corp. Class A | Add +502.3% | 0.00% | +0.00 |
| ARES Ares Management Corp. Class A | New | 0.00% | +0.00 |
| DGICA Donegal Group Inc. Class A | Add +80.0% | 0.00% | +0.00 |
| SYY Sysco Corp. | Add +0.6% | 0.02% | +0.00 |
| PRGO Perrigo Co. PLC | Add +3.0% | 0.12% | +0.00 |
Notes & Other Activity Q4 2023 → Q1 2024
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Sold out | 750 | $31Kbefore exit |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 18 | $776 |
| HRL Hormel Foods Corp. | COM | Reduce -100.0% | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.