M&R Capital Management Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 2, 2024), M&R Capital Management Inc. reported 545 stock positions worth $419.2 million. Its top holding was Apple (AAPL) at 8.4% of the portfolio, followed by Broadcom (AVGO, 7.5%) and Berkshire Hathaway Class B (BRK.B, 6.1%). Compared with Q1 2024, it opened 10 new positions, sold out of 12, added to 126 and reduced 103. The biggest buy was Astrazeneca PLC-Spons ADR (AZN, shares +12516%) and the biggest sale CVS Health (CVS, shares −97%).
- Most Recent 13F
- Q3 2024
- Location
- SUMMIT, NJ
- CIK
- 0001057395
- Portfolio Value
- $419.2M (Q2 2024)
- SEC Filing
- 0001214659-24-011825 ↗ filed Jul 2, 2024
Holdings Value
Holdings 545 stocks · $419.2M
| AAPL Apple Inc. | 8.44% | 167,951 | $35.4M | Reduce -1.1% |
| AVGO Broadcom Inc. | 7.47% | 19,493 | $31.3M | Reduce -2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.13% | 63,214 | $25.7M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 5.55% | 127,761 | $23.3M | Reduce -0.8% |
| LOW Lowe's Cos Inc. | 3.71% | 70,626 | $15.6M | Reduce -0.4% |
| MRK Merck & Co. Inc. | 3.69% | 124,879 | $15.5M | Add +1.0% |
| AMZN Amazon.com Inc. | 3.66% | 79,470 | $15.4M | Add +0.2% |
| V Visa Inc. Class A | 3.37% | 53,748 | $14.1M | Reduce -0.0% |
| MSFT Microsoft Corp. | 3.08% | 28,919 | $12.9M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 2.72% | 56,299 | $11.4M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 2.41% | 54,971 | $10.1M | Reduce -0.1% |
| AZN Astrazeneca PLC-Spons ADR | 2.09% | 112,154 | $8.7M | Add +12515.8% |
| DVN Devon Energy Corp. | 1.99% | 175,661 | $8.3M | Add +0.6% |
| FISV Fiserv Inc. | 1.93% | 54,248 | $8.1M | Reduce -0.1% |
| PEP Pepsico Inc. | 1.89% | 48,131 | $7.9M | Add +19.9% |
| CACI Caci International Inc. Class A | 1.74% | 16,930 | $7.3M | Add +487.2% |
| NVDA Nvidia Corp. | 1.67% | 56,668 | $7.0M | Add +0.9% |
| CFG Citizens Financial Group | 1.57% | 182,623 | $6.6M | Reduce -2.6% |
| JPST JPMorgan Ultra-Short Income | 1.44% | 119,627 | $6.0M | Reduce -17.7% |
| COST Costco Wholesale Corp. | 1.33% | 6,573 | $5.6M | Reduce -0.0% |
| MMM 3M Co. | 1.30% | 53,416 | $5.5M | Reduce -0.4% |
| C Citigroup Inc. | 1.27% | 83,911 | $5.3M | Add +2.7% |
| FDX FedEx Corp. | 1.17% | 16,360 | $4.9M | Add +0.0% |
| ACN Accenture PLC Class A | 1.08% | 14,910 | $4.5M | Reduce -0.1% |
| NSC Norfolk Southern Corp. | 1.00% | 19,499 | $4.2M | Add +0.0% |
| ACGL Arch Capital Group Ltd. | 0.87% | 36,060 | $3.6M | Add +55.4% |
| IWM iShares Russell 2000 ETF | 0.82% | 16,920 | $3.4M | Add +210.2% |
| JNJ Johnson & Johnson | 0.80% | 22,900 | $3.3M | Reduce -2.1% |
| KO The Coca-Cola Co. | 0.79% | 51,783 | $3.3M | Reduce -1.9% |
| UNH Unitedhealth Group Inc. | 0.77% | 6,368 | $3.2M | Add +3.7% |
| XOM Exxon Mobil Corp. | 0.75% | 27,177 | $3.1M | Reduce -0.1% |
| UNP Union Pacific Corp. | 0.74% | 13,629 | $3.1M | Add +1.1% |
| EWBC East West Bancorp Inc. | 0.71% | 40,525 | $3.0M | Add +5.3% |
| HD Home Depot Inc. | 0.69% | 8,389 | $2.9M | Add +0.4% |
| ABBV Abbvie Inc. | 0.63% | 15,298 | $2.6M | Reduce -2.1% |
| CSX CSX Corp. | 0.62% | 77,949 | $2.6M | Reduce -0.3% |
| LSXMA Liberty Media Corp. Class A New | 0.60% | 112,628 | $2.5M | Reduce -11.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.58% | 4 | $2.4M | No change |
| KR Kroger Co. | 0.58% | 48,961 | $2.4M | Add +0.4% |
| PG The Procter & Gamble Co. | 0.56% | 14,256 | $2.4M | Add +0.0% |
| CL Colgate-Palmolive Co. | 0.54% | 23,389 | $2.3M | Add +0.0% |
| ABT Abbott Laboratories | 0.52% | 20,808 | $2.2M | Reduce -0.8% |
| ETN Eaton Corp. PLC | 0.51% | 6,866 | $2.2M | Add +1.0% |
| IBB iShares Biotechnology ETF | 0.51% | 15,526 | $2.1M | Reduce -0.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.48% | 5,234 | $2.0M | Reduce -4.9% |
| CRM Salesforce Inc. | 0.46% | 7,491 | $1.9M | Add +38.9% |
| CP Canadian Pacific Kansas City | 0.40% | 21,209 | $1.7M | No change |
| LLY Eli Lilly & Co. | 0.38% | 1,758 | $1.6M | Reduce -0.8% |
| ANET Arista Networks Inc. | 0.37% | 4,418 | $1.5M | Add +11.8% |
| MA Mastercard Inc. Class A | 0.34% | 3,199 | $1.4M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.33% | 12,507 | $1.4M | Add +10.0% |
| PSX Phillips 66 | 0.30% | 8,814 | $1.2M | Add +4.8% |
| XLK SS Technology Select Sector | 0.30% | 5,470 | $1.2M | Reduce -0.1% |
| SYK Stryker Corp. | 0.28% | 3,504 | $1.2M | No change |
| CVX Chevron Corp. | 0.27% | 7,109 | $1.1M | No change |
| MDLZ Mondelez International Inc. Class A | 0.25% | 16,153 | $1.1M | Add +0.5% |
| AFL Aflac Inc. | 0.25% | 11,816 | $1.1M | Add +0.1% |
| CNI Canadian Natl Railway Co. | 0.25% | 8,884 | $1.0M | No change |
| CMCSA Comcast Corp. Class A | 0.25% | 26,458 | $1.0M | Reduce -70.4% |
| NEE Nextera Energy Inc. | 0.23% | 13,571 | $961K | Add +0.1% |
| MCD McDonald's Corp. | 0.22% | 3,631 | $925K | Reduce -11.8% |
| PFE Pfizer Inc. | 0.22% | 33,033 | $924K | Reduce -9.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.22% | 15,061 | $902K | Add +0.1% |
| LIN Linde PLC | 0.21% | 1,974 | $866K | Add +36.7% |
| BX Blackstone Inc. | 0.20% | 6,777 | $839K | Reduce -10.8% |
| CI The Cigna Group | 0.20% | 2,494 | $824K | Add +4.3% |
| ALL Allstate Corp. | 0.19% | 4,979 | $795K | No change |
| HON Honeywell International Inc. | 0.18% | 3,607 | $770K | Reduce -2.7% |
| COP Conocophillips | 0.18% | 6,587 | $753K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 18,265 | $726K | Reduce -9.6% |
| HSIC Henry Schein Inc. | 0.17% | 11,038 | $708K | No change |
| SNV Synovus Financial Corp. | 0.17% | 17,434 | $701K | Reduce -2.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.16% | 14,576 | $688K | Add +0.9% |
| ADP Automatic Data Processing | 0.16% | 2,726 | $651K | Add +0.1% |
| LSXMK Liberty Media Corp.-Liber-New | 0.14% | 27,049 | $599K | Reduce -17.4% |
| HSY The Hershey Co. | 0.14% | 3,213 | $591K | Add +3.4% |
| YUM Yum! Brands Inc. | 0.14% | 4,305 | $570K | Reduce -4.4% |
| BDX Becton Dickinson and Co. | 0.14% | 2,433 | $569K | No change |
| CB Chubb Ltd. | 0.13% | 2,171 | $554K | Add +4.9% |
| GIS General Mills Inc. | 0.13% | 8,481 | $536K | Add +0.1% |
| GLD SPDR Gold Shares | 0.12% | 2,370 | $510K | No change |
| AXP American Express Co. | 0.12% | 2,169 | $502K | Reduce -2.4% |
| LHX L3HARRIS Technologies Inc. | 0.12% | 2,200 | $494K | Add +22.1% |
| STT State Street Corp. | 0.12% | 6,598 | $488K | Reduce -4.2% |
| INSIGHT SELECT INCOME FUND | 0.12% | 29,653 | $484K | Reduce -3.3% |
| AWK American Water Works Co. Inc. | 0.11% | 3,580 | $462K | No change |
| WMT Walmart Inc. | 0.11% | 6,709 | $454K | Reduce -0.0% |
| ARCC Ares Capital Corp. | 0.11% | 21,704 | $452K | Reduce -1.1% |
| PEG Public Service Enterprise GP | 0.11% | 6,116 | $451K | No change |
| FYT First Trust Small Cap Val | 0.10% | 7,720 | $400K | Reduce -7.2% |
| IMCV iShares Morningstar Mid-Cap | 0.09% | 5,445 | $382K | No change |
| PRGO Perrigo Co. PLC | 0.09% | 14,727 | $378K | Add +0.1% |
| SMH Vaneck Semiconductor ETF | 0.09% | 1,380 | $360K | Add +0.1% |
| QCOM Qualcomm Inc. | 0.08% | 1,724 | $343K | No change |
| FAST Fastenal Co. | 0.08% | 5,134 | $323K | No change |
| KRE SS SPDR S&P Regional Bank | 0.08% | 6,548 | $322K | No change |
| SPGI S&P Global Inc. | 0.08% | 720 | $321K | No change |
| USB US Bancorp | 0.08% | 8,069 | $320K | Reduce -5.6% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.07% | 4,000 | $314K | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.07% | 6,100 | $313K | 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 | $741 | No change |
Total filed on the 13F, all lines: $419.2M.
Portfolio Sells Q1 2024 → Q2 2024
| CVS CVS Health Corp. | Reduce -96.7% | 0.07% | −2.83 |
| LW Lamb Weston Holdings Inc. | Reduce -99.3% | 0.00% | −0.71 |
| LOW Lowe's Cos Inc. | Reduce -0.4% | 3.71% | −0.71 |
| CMCSA Comcast Corp. Class A | Reduce -70.4% | 0.25% | −0.70 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 6.13% | −0.39 |
| JPST JPMorgan Ultra-Short Income | Reduce -17.7% | 1.44% | −0.36 |
| LSXMA Liberty Media Corp. Class A New | Reduce -11.5% | 0.60% | −0.33 |
| V Visa Inc. Class A | Reduce -0.0% | 3.37% | −0.31 |
| FISV Fiserv Inc. | Reduce -0.1% | 1.93% | −0.20 |
| ACN Accenture PLC Class A | Reduce -0.1% | 1.08% | −0.19 |
| SOLV Solventum Corp. | Reduce -96.2% | 0.01% | −0.17 |
| JNJ Johnson & Johnson | Reduce -2.1% | 0.80% | −0.11 |
| LSXMK Liberty Media Corp.-Liber-New | Reduce -17.4% | 0.14% | −0.10 |
| CFG Citizens Financial Group | Reduce -2.6% | 1.57% | −0.09 |
| MMM 3M Co. | Reduce -0.4% | 1.30% | −0.09 |
| CSX CSX Corp. | Reduce -0.3% | 0.62% | −0.09 |
| ABBV Abbvie Inc. | Reduce -2.1% | 0.63% | −0.07 |
| ABT Abbott Laboratories | Reduce -0.8% | 0.52% | −0.07 |
| MCD McDonald's Corp. | Reduce -11.8% | 0.22% | −0.06 |
| BX Blackstone Inc. | Reduce -10.8% | 0.20% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -0.1% | 0.75% | −0.03 |
| PFE Pfizer Inc. | Reduce -9.6% | 0.22% | −0.03 |
| INTC Intel Corp. | Reduce -1.4% | 0.05% | −0.03 |
| NVS Novartis AG-Sponsored ADR | Reduce -32.5% | 0.06% | −0.02 |
| PM Philip Morris International | Reduce -42.8% | 0.03% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.6% | 0.05% | −0.02 |
| YUM Yum! Brands Inc. | Reduce -4.4% | 0.14% | −0.02 |
| USB US Bancorp | Reduce -5.6% | 0.08% | −0.02 |
| IBB iShares Biotechnology ETF | Reduce -0.3% | 0.51% | −0.02 |
| FYT First Trust Small Cap Val | Reduce -7.2% | 0.10% | −0.02 |
| BAC Bank of America Corp. | Reduce -9.6% | 0.17% | −0.01 |
| STT State Street Corp. | Reduce -4.2% | 0.12% | −0.01 |
| TFC Truist Financial Corp. | Reduce -80.7% | 0.00% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -15.8% | 0.04% | −0.01 |
| LH Labcorp Holdings Inc. | Reduce -84.4% | 0.00% | −0.01 |
| MDT Medtronic PLC | Reduce -2.5% | 0.07% | −0.01 |
| AMJ JPMorgan Alerian MLP Index | Sold out | 0.00% | −0.01 |
| SNV Synovus Financial Corp. | Reduce -2.9% | 0.17% | −0.01 |
| VONE Vanguard Russell 1000 | Reduce -31.3% | 0.02% | −0.01 |
| INSIGHT SELECT INCOME FUND | Reduce -3.3% | 0.12% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -3.9% | 0.06% | −0.01 |
| XLC SS Comm Select Sector SPDR | Reduce -63.2% | 0.00% | −0.01 |
| KO The Coca-Cola Co. | Reduce -1.9% | 0.79% | −0.00 |
| AXP American Express Co. | Reduce -2.4% | 0.12% | −0.00 |
| ARCC Ares Capital Corp. | Reduce -1.1% | 0.11% | −0.00 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.00 |
| EFA iShares MSCI Eafe ETF | Reduce -0.3% | 0.07% | −0.00 |
| UHT Universal Health RLTY Income | Reduce -21.2% | 0.01% | −0.00 |
| ITW Illinois Tool Works | Reduce -8.3% | 0.01% | −0.00 |
| HON Honeywell International Inc. | Reduce -2.7% | 0.18% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| AZN Astrazeneca PLC-Spons ADR | Add +12515.8% | 2.09% | +2.07 |
| CACI Caci International Inc. Class A | Add +487.2% | 1.74% | +1.47 |
| IWM iShares Russell 2000 ETF | Add +210.2% | 0.82% | +0.54 |
| NVDA Nvidia Corp. | Add +0.9% | 1.67% | +0.43 |
| ACGL Arch Capital Group Ltd. | Add +55.4% | 0.87% | +0.34 |
| PEP Pepsico Inc. | Add +19.9% | 1.89% | +0.17 |
| AMZN Amazon.com Inc. | Add +0.2% | 3.66% | +0.16 |
| ANET Arista Networks Inc. | Add +11.8% | 0.37% | +0.09 |
| CRM Salesforce Inc. | Add +38.9% | 0.46% | +0.06 |
| TJX TJX Companies Inc. | Add +10.0% | 0.33% | +0.05 |
| EMR Emerson Electric Co. | Add +207.3% | 0.07% | +0.04 |
| LIN Linde PLC | Add +36.7% | 0.21% | +0.04 |
| KEY Keycorp | New | 0.04% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +3.7% | 0.77% | +0.03 |
| CL Colgate-Palmolive Co. | Add +0.0% | 0.54% | +0.03 |
| LHX L3HARRIS Technologies Inc. | Add +22.1% | 0.12% | +0.02 |
| NEE Nextera Energy Inc. | Add +0.1% | 0.23% | +0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Add +19.1% | 0.07% | +0.02 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +45.6% | 0.05% | +0.01 |
| FDX FedEx Corp. | Add +0.0% | 1.17% | +0.01 |
| SMH Vaneck Semiconductor ETF | Add +0.1% | 0.09% | +0.01 |
| ESS Essex Property Trust Inc. | Add +5.4% | 0.07% | +0.01 |
| GTLS Chart Industries Inc. | Add +40.8% | 0.04% | +0.01 |
| C Citigroup Inc. | Add +2.7% | 1.27% | +0.00 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.00% | +0.00 |
| BNTX Biontech SE-ADR | Add +1000.0% | 0.00% | +0.00 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 0.00% | +0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +110.4% | 0.01% | +0.00 |
| SPH Suburban Propane Partners LP | New | 0.00% | +0.00 |
| UPS United Parcel Service Class B | Add +35.8% | 0.02% | +0.00 |
| AFL Aflac Inc. | Add +0.1% | 0.25% | +0.00 |
| CQP Cheniere Energy Partners LP | New | 0.00% | +0.00 |
| AMGN Amgen Inc. | Add +0.3% | 0.05% | +0.00 |
| BNY Bank of New York Mellon Corp. | Add +0.1% | 0.22% | +0.00 |
| TKR Timken Co. | New | 0.00% | +0.00 |
| VST Vistra Corp. | Add +50.0% | 0.01% | +0.00 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.00% | +0.00 |
| IEMG iShares Core MSCI Emerging | Add +155.7% | 0.00% | +0.00 |
| REXR Rexford Industrial Realty Inc. | Add +109.1% | 0.01% | +0.00 |
| IP International Paper Co. | Add +118.6% | 0.00% | +0.00 |
| SGOL Abrdn Physical Gold Shares | New | 0.00% | +0.00 |
| QQQM Invesco Nasdaq 100 ETF | Add +25.0% | 0.01% | +0.00 |
| IXN iShares Global Tech ETF | Add +1.9% | 0.02% | +0.00 |
| IBIT iShares Bitcoin Trust ETF | New | 0.00% | +0.00 |
| IWB iShares Russell 1000 ETF | Add +3.0% | 0.04% | +0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +21.9% | 0.01% | +0.00 |
| FLIN Franklin Ftse India ETF | Add +21.3% | 0.01% | +0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +106.6% | 0.00% | +0.00 |
| O Realty Income Corp. | Add +8.8% | 0.03% | +0.00 |
| IMCG iShares Morningstar Mid-Cap | Add +22.7% | 0.01% | +0.00 |
Notes & Other Activity Q1 2024 → Q2 2024
| HRL Hormel Foods Corp. | COM | Sold out | 0 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.