McKinley Capital Management LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), McKinley Capital Management LLC reported 115 stock positions worth $571.4 million. Its top holding was Microsoft (MSFT) at 8.2% of the portfolio, followed by Nvidia (NVDA, 7.0%) and Apple (AAPL, 5.7%). Compared with Q1 2024, it opened 2 new positions, sold out of 50, added to 33 and reduced 80. The biggest buy was Ares Capital (ARCC, shares +6%) and the biggest sale Unitedhealth (UNH, shares −94%).

Most Recent 13F
Q2 2024
Location
ANCHORAGE, AK
CIK
0000915287
Portfolio Value
$571.4M (Q2 2024)
SEC Filing
0001398344-24-014311 ↗ filed Aug 12, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $832.6M Q1 2024 Q2 2024: $571.4M $571.4M Q2 2024

Holdings 115 stocks · $571.4M
MSFT Microsoft Corp. 8.17% 104,447 $46.7M Reduce -20.3%
NVDA Nvidia Corp. 7.01% 324,122 $40.0M Reduce -13.7%
AAPL Apple Inc. 5.74% 155,737 $32.8M Reduce -13.1%
AMZN Amazon.com Inc. 4.31% 127,348 $24.6M Reduce -13.0%
GOOG Alphabet Inc. Class C 3.86% 120,294 $22.1M Reduce -13.2%
META Meta Platforms Inc. Class A 3.51% 39,811 $20.1M Reduce -12.7%
AVGO Broadcom Inc. 3.08% 10,960 $17.6M Reduce -10.2%
LLY Eli Lilly & Co. 2.65% 16,721 $15.1M Reduce -10.4%
ARCC Ares Capital Corp. 2.26% 620,165 $12.9M Add +6.3%
OBDC Blue Owl Capital Corp. 1.95% 724,156 $11.1M Add +0.6%
BXSL Blackstone Secured Lending F 1.87% 348,305 $10.7M Add +0.8%
COST Costco Wholesale Corp. 1.82% 12,220 $10.4M Reduce -12.9%
NFLX Netflix Inc. 1.72% 14,550 $9.8M Reduce -12.6%
MAIN Main Street Capital Corp. 1.53% 173,634 $8.8M Add +0.8%
HD Home Depot Inc. 1.48% 24,597 $8.5M Reduce -22.6%
PG The Procter & Gamble Co. 1.46% 50,541 $8.3M Reduce -10.2%
PEP Pepsico Inc. 1.42% 49,107 $8.1M Reduce -10.3%
V Visa Inc. Class A 1.37% 29,754 $7.8M Reduce -12.5%
GBDC Golub Capital BDC Inc. 1.35% 490,367 $7.7M Add +0.5%
XOM Exxon Mobil Corp. 1.33% 66,231 $7.6M Reduce -10.9%
AMLP Alerian MLP ETF 1.31% 156,558 $7.5M Reduce -1.0%
NOW ServiceNow Inc. 1.30% 9,408 $7.4M Reduce -12.4%
HTGC Hercules Capital Inc. 1.28% 356,422 $7.3M Add +4.3%
FSK FS KKR Capital Corp. 1.17% 339,738 $6.7M Add +0.6%
INTU Intuit Inc. 1.17% 10,164 $6.7M Reduce -12.5%
PANW Palo Alto Networks Inc. 1.15% 19,380 $6.6M Reduce -12.9%
JPM JPMorgan Chase & Co. 1.08% 30,400 $6.1M Reduce -22.5%
MCK McKesson Corp. 1.05% 10,234 $6.0M Reduce -64.0%
GD General Dynamics Corp. 1.02% 20,003 $5.8M Add +8.6%
WM Waste Management Inc. 1.01% 27,005 $5.8M Reduce -8.7%
ANET Arista Networks Inc. 0.99% 16,125 $5.7M Reduce -12.4%
COP Conocophillips 0.90% 45,137 $5.2M Reduce -12.7%
STLD Steel Dynamics Inc. 0.90% 39,855 $5.2M Reduce -12.5%
SCCO Southern Copper Corp. 0.90% 47,598 $5.1M Add +104.4%
MRK Merck & Co. Inc. 0.90% 41,321 $5.1M Add +25.8%
TTEK Tetra Tech Inc. 0.86% 24,153 $4.9M Reduce -12.1%
MAR Marriott International Class A 0.86% 20,417 $4.9M Reduce -26.3%
TSLX Sixth Street Specialty Lendi 0.85% 227,803 $4.9M Add +0.6%
HIMS Hims & Hers Health Inc. 0.82% 231,999 $4.7M Reduce -63.5%
BWXT BWX Technologies Inc. 0.81% 48,933 $4.6M Reduce -11.9%
LIN Linde PLC 0.79% 10,289 $4.5M Reduce -15.0%
MELI MercadoLibre Inc. 0.78% 2,701 $4.4M Reduce -10.6%
FMX Fomento Economico Mex-SP ADR 0.72% 38,296 $4.1M Reduce -9.9%
LNG Cheniere Energy Inc. 0.70% 22,950 $4.0M Reduce -12.2%
BRK.B Berkshire Hathaway Inc. Class B 0.70% 9,830 $4.0M Reduce -11.9%
VST Vistra Corp. 0.68% 45,183 $3.9M Reduce -22.4%
AMAT Applied Materials Inc. 0.62% 15,110 $3.6M Reduce -14.8%
NVO Novo-Nordisk A/S-Spons ADR 0.58% 23,228 $3.3M Add +20.1%
BLDR Builders Firstsource Inc. 0.57% 23,615 $3.3M Reduce -12.8%
MA Mastercard Inc. Class A 0.57% 7,358 $3.2M Reduce -15.0%
CSWC Capital Southwest Corp. 0.55% 120,509 $3.1M Add +0.1%
OCSL Oaktree Specialty Lending Co. 0.54% 163,671 $3.1M Add +0.3%
MCD McDonald's Corp. 0.52% 11,755 $3.0M Reduce -6.5%
CGBD Carlyle Secured Lending Inc. 0.52% 166,621 $3.0M Add +0.2%
GSBD Goldman Sachs BDC Inc. 0.50% 189,866 $2.9M Add +0.4%
KKR KKR & Co. Inc. 0.47% 25,772 $2.7M Reduce -1.2%
TSM Taiwan Semiconductor-SP ADR 0.46% 14,968 $2.6M Reduce -2.4%
AEM Agnico Eagle Mines Ltd. 0.44% 38,631 $2.5M New
NVS Novartis AG-Sponsored ADR 0.43% 23,015 $2.5M Reduce -0.2%
UNP Union Pacific Corp. 0.40% 10,031 $2.3M Reduce -8.7%
PSEC Prospect Capital Corp. 0.40% 409,469 $2.3M Add +0.3%
TSLA Tesla Inc. 0.39% 11,327 $2.2M Reduce -57.9%
SLRC SLR Investment Corp. 0.37% 131,247 $2.1M Reduce -0.2%
AGG iShares Core U.S. Aggregate 0.35% 20,694 $2.0M Add +1.1%
ISRG Intuitive Surgical Inc. 0.30% 3,880 $1.7M Reduce -86.0%
CCAP Crescent Capital BDC Inc. 0.30% 90,675 $1.7M Add +1.2%
NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP 0.29% 135,748 $1.7M Add +1.4%
MFIC Midcap Financial Investment 0.27% 102,741 $1.6M Add +0.6%
BBDC Barings BDC Inc. 0.27% 157,263 $1.5M Add +0.8%
ASML ASML Holding NV-NY Reg SHS 0.26% 1,432 $1.5M Reduce -3.8%
OHI Omega Healthcare Investors 0.25% 41,203 $1.4M Reduce -1.0%
BN Brookfield Corp. 0.25% 33,872 $1.4M Add +3.8%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.24% 15,348 $1.4M Add +12.8%
URI United Rentals Inc. 0.24% 2,088 $1.4M Reduce -12.4%
GLPI Gaming and Leisure Propertie 0.23% 29,285 $1.3M Reduce -1.2%
ORLY O'reilly Automotive Inc. 0.23% 1,253 $1.3M Reduce -15.1%
SHEL Shell PLC-ADR 0.23% 17,911 $1.3M Reduce -4.2%
WELL Welltower Inc. 0.21% 11,752 $1.2M Reduce -1.0%
KDP Keurig Dr Pepper Inc. 0.21% 36,657 $1.2M Reduce -1.2%
BP BP PLC-Spons ADR 0.20% 32,367 $1.2M Reduce -2.5%
SGOV iShares 0-3 Month Treasury B 0.20% 11,536 $1.2M Add +32.8%
AZN Astrazeneca PLC-Spons ADR 0.20% 14,825 $1.2M Reduce -8.3%
DHI D.R. Horton Inc. 0.20% 7,916 $1.1M Reduce -14.0%
TCPC BlackRock TCP Capital Corp. 0.19% 103,071 $1.1M Add +1.3%
SYK Stryker Corp. 0.19% 3,194 $1.1M Reduce -89.5%
DXCM Dexcom Inc. 0.18% 9,083 $1.0M Reduce -85.0%
PDD PDD Holdings Inc. 0.18% 7,731 $1.0M New
KLAC KLA Corp. 0.18% 1,232 $1.0M Reduce -14.9%
CAT Caterpillar Inc. 0.17% 2,938 $979K Reduce -15.1%
PFLT Pennantpark Floating Rate Ca 0.16% 80,891 $933K Add +1.1%
PNNT Pennantpark Investment Corp. 0.16% 118,924 $898K Reduce -0.2%
GLAD Gladstone Capital Corp. 0.15% 37,887 $882K Reduce -1.5%
CASY Casey's General Stores Inc. 0.15% 2,300 $878K Reduce -15.0%
T AT&T Inc. 0.15% 44,855 $857K Reduce -0.8%
ADBE Adobe Inc. 0.15% 1,501 $834K Reduce -54.6%
WDS Woodside Energy Group-ADR 0.15% 44,144 $830K Reduce -1.2%
VTIP Vanguard Short-Term Tips 0.14% 16,831 $817K Add +0.9%
JNJ Johnson & Johnson 0.14% 5,555 $812K Reduce -21.6%
DLR Digital Realty Trust Inc. 0.14% 5,213 $793K Add +12.3%
VCSH Vanguard S/T Corp. Bond ETF 0.14% 9,997 $773K Add +1.1%

Show all 115 holdings

Portfolio Sells Q1 2024 → Q2 2024
UNH Unitedhealth Group Inc. Reduce -93.8% 0.13% −1.30
SYK Stryker Corp. Reduce -89.5% 0.19% −1.12
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −1.09
ISRG Intuitive Surgical Inc. Reduce -86.0% 0.30% −1.03
ABT Abbott Laboratories Sold out 0.00% −1.03
BSX Boston Scientific Corp. Sold out 0.00% −0.98
IQV Iqvia Holdings Inc. Sold out 0.00% −0.92
ELV Elevance Health Inc. Sold out 0.00% −0.86
CVS CVS Health Corp. Sold out 0.00% −0.85
CI The Cigna Group Sold out 0.00% −0.84
DXCM Dexcom Inc. Reduce -85.0% 0.18% −0.83
ICLR Icon PLC Sold out 0.00% −0.81
MCK McKesson Corp. Reduce -64.0% 1.05% −0.78
DHR Danaher Corp. Sold out 0.00% −0.77
IDXX Idexx Laboratories Inc. Sold out 0.00% −0.72
BDX Becton Dickinson and Co. Sold out 0.00% −0.71
BRKR Bruker Corp. Sold out 0.00% −0.71
ALC Alcon Inc. Sold out 0.00% −0.71
MEDP Medpace Holdings Inc. Sold out 0.00% −0.68
HOLX Hologic Inc. Sold out 0.00% −0.62
VEEV Veeva Systems Inc. Class A Sold out 0.00% −0.61
OPCH Option Care Health Inc. Sold out 0.00% −0.60
WST West Pharmaceutical Services Sold out 0.00% −0.58
CHE Chemed Corp. Sold out 0.00% −0.56
ROP Roper Technologies Inc. Sold out 0.00% −0.53
STE Steris PLC Sold out 0.00% −0.49
ZTS Zoetis Inc. Sold out 0.00% −0.43
HSTM Healthstream Inc. Sold out 0.00% −0.43
HQY Healthequity Inc. Sold out 0.00% −0.42
EVH Evolent Health Inc. Class A Sold out 0.00% −0.42
HCA HCA Healthcare Inc. Sold out 0.00% −0.37
GEHC GE Healthcare Technology Sold out 0.00% −0.36
AVTR Avantor Inc. Sold out 0.00% −0.36
HIMS Hims & Hers Health Inc. Reduce -63.5% 0.82% −0.36
NEO Neogenomics Inc. Sold out 0.00% −0.35
FTRE Fortrea Holdings Inc. Sold out 0.00% −0.34
COO The Cooper Cos Inc. Sold out 0.00% −0.30
EXAS Exact Sciences Corp. Sold out 0.00% −0.30
MDT Medtronic PLC Sold out 0.00% −0.28
IRTC Irhythm Holdings Inc. Sold out 0.00% −0.28
DGX Quest Diagnostics Inc. Sold out 0.00% −0.27
ITGR Integer Holdings Corp. Sold out 0.00% −0.26
NTRA Natera Inc. Sold out 0.00% −0.25
PRVA Privia Health Group Inc. Sold out 0.00% −0.23
QTRX Quanterix Corp. Sold out 0.00% −0.23
ASTH Astrana Health Inc. Sold out 0.00% −0.21
PODD Insulet Corp. Sold out 0.00% −0.19
TSLA Tesla Inc. Reduce -57.9% 0.39% −0.18
PGNY Progyny Inc. Sold out 0.00% −0.16
GDRX Goodrx Holdings Inc. Class A Sold out 0.00% −0.15

Portfolio Buys Q1 2024 → Q2 2024
ARCC Ares Capital Corp. Add +6.3% 2.26% +0.80
OBDC Blue Owl Capital Corp. Add +0.6% 1.95% +0.62
SCCO Southern Copper Corp. Add +104.4% 0.90% +0.60
BXSL Blackstone Secured Lending F Add +0.8% 1.87% +0.57
MAIN Main Street Capital Corp. Add +0.8% 1.53% +0.56
HTGC Hercules Capital Inc. Add +4.3% 1.28% +0.52
AEM Agnico Eagle Mines Ltd. New 0.44% +0.44
FSK FS KKR Capital Corp. Add +0.6% 1.17% +0.40
GD General Dynamics Corp. Add +8.6% 1.02% +0.39
MRK Merck & Co. Inc. Add +25.8% 0.90% +0.37
GBDC Golub Capital BDC Inc. Add +0.5% 1.35% +0.37
NVO Novo-Nordisk A/S-Spons ADR Add +20.1% 0.58% +0.28
TSLX Sixth Street Specialty Lendi Add +0.6% 0.85% +0.27
CGBD Carlyle Secured Lending Inc. Add +0.2% 0.52% +0.19
CSWC Capital Southwest Corp. Add +0.1% 0.55% +0.19
PDD PDD Holdings Inc. New 0.18% +0.18
GSBD Goldman Sachs BDC Inc. Add +0.4% 0.50% +0.16
OCSL Oaktree Specialty Lending Co. Add +0.3% 0.54% +0.15
PSEC Prospect Capital Corp. Add +0.3% 0.40% +0.13
CCAP Crescent Capital BDC Inc. Add +1.2% 0.30% +0.11
AGG iShares Core U.S. Aggregate Add +1.1% 0.35% +0.11
IRM Iron Mountain Inc. Add +12.8% 0.24% +0.11
SGOV iShares 0-3 Month Treasury B Add +32.8% 0.20% +0.10
BBDC Barings BDC Inc. Add +0.8% 0.27% +0.09
MFIC Midcap Financial Investment Add +0.6% 0.27% +0.09
NMFC New Mountain Finance Corp. Add +1.4% 0.29% +0.09
BN Brookfield Corp. Add +3.8% 0.25% +0.08
COPX Global X Copper Miners ETF Add +55.3% 0.12% +0.07
VCLT Vanguard Long-Term Corp. Bond Add +59.1% 0.13% +0.07
TCPC BlackRock TCP Capital Corp. Add +1.3% 0.19% +0.07
DLR Digital Realty Trust Inc. Add +12.3% 0.14% +0.06
PFLT Pennantpark Floating Rate Ca Add +1.1% 0.16% +0.05
VTIP Vanguard Short-Term Tips Add +0.9% 0.14% +0.05
VCSH Vanguard S/T Corp. Bond ETF Add +1.1% 0.14% +0.04
BCSF Bain Capital Specialty Finan Add +1.1% 0.12% +0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2024 115$571.4MMSFT, NVDA, AAPL, AMZN, GOOG
Q1 2024 163$832.6MMSFT, NVDA, AAPL, AMZN, META