McKinley Capital Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 1, 2024), McKinley Capital Management LLC reported 163 stock positions worth $832.6 million. Its top holding was Microsoft (MSFT) at 6.6% of the portfolio, followed by Nvidia (NVDA, 4.1%) and Apple (AAPL, 3.7%). Compared with Q4 2023, it opened 16 new positions, sold out of 7, added to 33 and reduced 83. The biggest buy was Eli Lilly (LLY, shares +10%) and the biggest sale Unitedhealth (UNH, shares −53%).
- Most Recent 13F
- Q2 2024
- Location
- ANCHORAGE, AK
- CIK
- 0000915287
- Portfolio Value
- $832.6M (Q1 2024)
- SEC Filing
- 0001398344-24-008428 ↗ filed May 1, 2024
Holdings Value
Holdings 163 stocks · $832.6M
| MSFT Microsoft Corp. | 6.62% | 130,965 | $55.1M | Reduce -2.8% |
| NVDA Nvidia Corp. | 4.07% | 37,538 | $33.9M | Reduce -10.3% |
| AAPL Apple Inc. | 3.69% | 179,215 | $30.7M | Reduce -12.6% |
| AMZN Amazon.com Inc. | 3.17% | 146,321 | $26.4M | Reduce -3.8% |
| META Meta Platforms Inc. Class A | 2.66% | 45,595 | $22.1M | Reduce -4.3% |
| GOOG Alphabet Inc. Class C | 2.53% | 138,538 | $21.1M | Reduce -3.3% |
| AVGO Broadcom Inc. | 1.94% | 12,203 | $16.2M | Reduce -2.9% |
| MCK McKesson Corp. | 1.83% | 28,388 | $15.2M | Reduce -2.3% |
| LLY Eli Lilly & Co. | 1.74% | 18,654 | $14.5M | Add +10.5% |
| HD Home Depot Inc. | 1.46% | 31,766 | $12.2M | Reduce -4.9% |
| ARCC Ares Capital Corp. | 1.46% | 583,511 | $12.1M | Reduce -2.1% |
| UNH Unitedhealth Group Inc. | 1.43% | 24,102 | $11.9M | Reduce -52.9% |
| ISRG Intuitive Surgical Inc. | 1.33% | 27,804 | $11.1M | Reduce -10.3% |
| OBDC Blue Owl Capital Corp. | 1.33% | 719,742 | $11.1M | Reduce -2.9% |
| SYK Stryker Corp. | 1.31% | 30,380 | $10.9M | Reduce -11.6% |
| BXSL Blackstone Secured Lending F | 1.29% | 345,647 | $10.8M | Reduce -2.1% |
| COST Costco Wholesale Corp. | 1.24% | 14,038 | $10.3M | Reduce -11.7% |
| NFLX Netflix Inc. | 1.21% | 16,641 | $10.1M | Reduce -3.9% |
| HIMS Hims & Hers Health Inc. | 1.18% | 634,784 | $9.8M | Reduce -29.2% |
| PEP Pepsico Inc. | 1.15% | 54,724 | $9.6M | Add +13.2% |
| V Visa Inc. Class A | 1.14% | 34,001 | $9.5M | Reduce -4.7% |
| PG The Procter & Gamble Co. | 1.10% | 56,296 | $9.1M | Reduce -3.6% |
| TMO Thermo Fisher Scientific Inc. | 1.09% | 15,590 | $9.1M | No change |
| XOM Exxon Mobil Corp. | 1.04% | 74,376 | $8.6M | Add +0.5% |
| ABT Abbott Laboratories | 1.03% | 75,380 | $8.6M | No change |
| DXCM Dexcom Inc. | 1.01% | 60,370 | $8.4M | Reduce -0.1% |
| NOW ServiceNow Inc. | 0.98% | 10,745 | $8.2M | Reduce -4.4% |
| MAIN Main Street Capital Corp. | 0.98% | 172,274 | $8.2M | Reduce -2.6% |
| BSX Boston Scientific Corp. | 0.98% | 118,750 | $8.1M | No change |
| GBDC Golub Capital BDC Inc. | 0.97% | 488,033 | $8.1M | Add +2.6% |
| JPM JPMorgan Chase & Co. | 0.94% | 39,230 | $7.9M | Reduce -7.7% |
| IQV Iqvia Holdings Inc. | 0.92% | 30,190 | $7.6M | No change |
| INTU Intuit Inc. | 0.91% | 11,611 | $7.5M | Reduce -4.8% |
| AMLP Alerian MLP ETF | 0.90% | 158,102 | $7.5M | Reduce -0.4% |
| ELV Elevance Health Inc. | 0.86% | 13,820 | $7.2M | No change |
| CVS CVS Health Corp. | 0.85% | 88,480 | $7.1M | No change |
| MAR Marriott International Class A | 0.84% | 27,707 | $7.0M | Reduce -5.4% |
| CI The Cigna Group | 0.84% | 19,220 | $7.0M | No change |
| STLD Steel Dynamics Inc. | 0.81% | 45,563 | $6.8M | Reduce -5.1% |
| ICLR Icon PLC | 0.81% | 20,086 | $6.7M | No change |
| COP Conocophillips | 0.79% | 51,721 | $6.6M | Add +26.6% |
| FSK FS KKR Capital Corp. | 0.77% | 337,638 | $6.4M | Reduce -5.4% |
| DHR Danaher Corp. | 0.77% | 25,700 | $6.4M | No change |
| PANW Palo Alto Networks Inc. | 0.76% | 22,257 | $6.3M | Reduce -16.3% |
| HTGC Hercules Capital Inc. | 0.76% | 341,867 | $6.3M | Reduce -3.0% |
| WM Waste Management Inc. | 0.76% | 29,584 | $6.3M | Reduce -5.8% |
| IDXX Idexx Laboratories Inc. | 0.72% | 11,108 | $6.0M | No change |
| BDX Becton Dickinson and Co. | 0.71% | 24,020 | $5.9M | No change |
| BRKR Bruker Corp. | 0.71% | 62,590 | $5.9M | No change |
| ALC Alcon Inc. filed as ALCON AG | 0.71% | 70,800 | $5.9M | No change |
| BWXT BWX Technologies Inc. | 0.68% | 55,570 | $5.7M | Add +3.3% |
| MEDP Medpace Holdings Inc. | 0.68% | 13,970 | $5.6M | No change |
| BLDR Builders Firstsource Inc. | 0.68% | 27,067 | $5.6M | Reduce -22.2% |
| LIN Linde PLC | 0.67% | 12,103 | $5.6M | Reduce -4.1% |
| FMX Fomento Economico Mex-SP ADR | 0.66% | 42,492 | $5.5M | Reduce -2.6% |
| ANET Arista Networks Inc. | 0.64% | 18,401 | $5.3M | Reduce -5.2% |
| GD General Dynamics Corp. | 0.63% | 18,423 | $5.2M | Reduce -5.7% |
| HOLX Hologic Inc. | 0.62% | 65,835 | $5.1M | No change |
| VEEV Veeva Systems Inc. Class A | 0.61% | 22,020 | $5.1M | No change |
| TTEK Tetra Tech Inc. | 0.61% | 27,461 | $5.1M | Reduce -6.1% |
| OPCH Option Care Health Inc. | 0.60% | 149,162 | $5.0M | No change |
| TSLX Sixth Street Specialty Lendi | 0.58% | 226,523 | $4.9M | Reduce -2.4% |
| WST West Pharmaceutical Services | 0.58% | 12,160 | $4.8M | Reduce -31.1% |
| TSLA Tesla Inc. | 0.57% | 26,909 | $4.7M | Reduce -19.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.56% | 11,160 | $4.7M | Reduce -7.8% |
| CHE Chemed Corp. | 0.56% | 7,270 | $4.7M | Reduce -29.4% |
| MELI MercadoLibre Inc. | 0.55% | 3,020 | $4.6M | Reduce -6.7% |
| ROP Roper Technologies Inc. | 0.53% | 7,820 | $4.4M | Reduce -27.5% |
| MRK Merck & Co. Inc. | 0.52% | 32,858 | $4.3M | Reduce -6.2% |
| LNG Cheniere Energy Inc. | 0.51% | 26,151 | $4.2M | Reduce -5.5% |
| MA Mastercard Inc. Class A | 0.50% | 8,655 | $4.2M | Reduce -1.0% |
| STE Steris PLC | 0.49% | 18,270 | $4.1M | No change |
| VST Vistra Corp. | 0.49% | 58,249 | $4.1M | Add +34.1% |
| AMAT Applied Materials Inc. | 0.44% | 17,725 | $3.7M | Reduce -0.9% |
| ZTS Zoetis Inc. | 0.43% | 21,010 | $3.6M | No change |
| HSTM Healthstream Inc. | 0.43% | 133,110 | $3.5M | No change |
| MCD McDonald's Corp. | 0.43% | 12,578 | $3.5M | Add +0.7% |
| HQY Healthequity Inc. | 0.42% | 42,780 | $3.5M | Add +24.1% |
| EVH Evolent Health Inc. Class A | 0.42% | 106,100 | $3.5M | No change |
| OCSL Oaktree Specialty Lending Co. | 0.39% | 163,205 | $3.2M | Reduce -2.1% |
| HCA HCA Healthcare Inc. | 0.37% | 9,140 | $3.0M | New |
| GEHC GE Healthcare Technology | 0.36% | 33,390 | $3.0M | New |
| CSWC Capital Southwest Corp. | 0.36% | 120,451 | $3.0M | Reduce -1.7% |
| AVTR Avantor Inc. | 0.36% | 117,290 | $3.0M | No change |
| NEO Neogenomics Inc. | 0.35% | 183,610 | $2.9M | No change |
| GSBD Goldman Sachs BDC Inc. | 0.34% | 189,179 | $2.8M | Reduce -2.4% |
| FTRE Fortrea Holdings Inc. | 0.34% | 69,740 | $2.8M | No change |
| CGBD Carlyle Secured Lending Inc. | 0.33% | 166,285 | $2.7M | Reduce -3.6% |
| UNP Union Pacific Corp. | 0.32% | 10,992 | $2.7M | Add +0.1% |
| KKR KKR & Co. Inc. | 0.32% | 26,083 | $2.6M | Add +0.7% |
| COO The Cooper Cos Inc. | 0.30% | 24,710 | $2.5M | New |
| EXAS Exact Sciences Corp. | 0.30% | 36,070 | $2.5M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.30% | 19,335 | $2.5M | Add +82.7% |
| SCCO Southern Copper Corp. | 0.30% | 23,291 | $2.5M | Add +1.4% |
| MDT Medtronic PLC | 0.28% | 26,760 | $2.3M | No change |
| IRTC Irhythm Holdings Inc. | 0.28% | 19,940 | $2.3M | No change |
| DGX Quest Diagnostics Inc. | 0.27% | 17,110 | $2.3M | Reduce -46.1% |
| PSEC Prospect Capital Corp. | 0.27% | 408,441 | $2.3M | Reduce -3.1% |
| NVS Novartis AG-Sponsored ADR | 0.27% | 23,069 | $2.2M | Add +34.6% |
| ITGR Integer Holdings Corp. | 0.26% | 18,860 | $2.2M | New |
Portfolio Sells Q4 2023 → Q1 2024
| UNH Unitedhealth Group Inc. | Reduce -52.9% | 1.43% | −2.03 |
| AAPL Apple Inc. | Reduce -12.6% | 3.69% | −1.38 |
| TSLA Tesla Inc. | Reduce -19.3% | 0.57% | −0.50 |
| HUM Humana Inc. | Sold out | 0.00% | −0.36 |
| DGX Quest Diagnostics Inc. | Reduce -46.1% | 0.27% | −0.29 |
| STVN Stevanato Group SPA | Sold out | 0.00% | −0.27 |
| PANW Palo Alto Networks Inc. | Reduce -16.3% | 0.76% | −0.25 |
| ROP Roper Technologies Inc. | Reduce -27.5% | 0.53% | −0.23 |
| WST West Pharmaceutical Services | Reduce -31.1% | 0.58% | −0.22 |
| CHE Chemed Corp. | Reduce -29.4% | 0.56% | −0.21 |
| FSK FS KKR Capital Corp. | Reduce -5.4% | 0.77% | −0.14 |
| SDGR Schrodinger Inc. | Sold out | 0.00% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -11.7% | 1.24% | −0.11 |
| MELI MercadoLibre Inc. | Reduce -6.7% | 0.55% | −0.10 |
| ADBE Adobe Inc. | Reduce -16.0% | 0.20% | −0.10 |
| LNG Cheniere Energy Inc. | Reduce -5.5% | 0.51% | −0.10 |
| UTF Cohen & Steers Infrastructur | Sold out | 0.00% | −0.09 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -37.5% | 0.13% | −0.09 |
| OBDC Blue Owl Capital Corp. | Reduce -2.9% | 1.33% | −0.08 |
| ARCC Ares Capital Corp. | Reduce -2.1% | 1.46% | −0.08 |
| INTU Intuit Inc. | Reduce -4.8% | 0.91% | −0.07 |
| PHYSICIANS REALTY TRUST | Sold out | 0.00% | −0.07 |
| ING ING Groep N.V.-Sponsored ADR | Sold out | 0.00% | −0.07 |
| BLDR Builders Firstsource Inc. | Reduce -22.2% | 0.68% | −0.07 |
| FMX Fomento Economico Mex-SP ADR | Reduce -2.6% | 0.66% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -3.3% | 2.53% | −0.06 |
| TSLX Sixth Street Specialty Lendi | Reduce -2.4% | 0.58% | −0.06 |
| V Visa Inc. Class A | Reduce -4.7% | 1.14% | −0.05 |
| PSEC Prospect Capital Corp. | Reduce -3.1% | 0.27% | −0.05 |
| OCSL Oaktree Specialty Lending Co. | Reduce -2.1% | 0.39% | −0.05 |
| STM Stmicroelectronics NV-NY SHS | Sold out | 0.00% | −0.04 |
| SHEL Shell PLC-ADR | Reduce -17.9% | 0.15% | −0.04 |
| HON Honeywell International Inc. | Reduce -34.6% | 0.06% | −0.04 |
| NOW ServiceNow Inc. | Reduce -4.4% | 0.98% | −0.04 |
| TCPC BlackRock TCP Capital Corp. | Reduce -3.8% | 0.13% | −0.03 |
| GD General Dynamics Corp. | Reduce -5.7% | 0.63% | −0.03 |
| GSBD Goldman Sachs BDC Inc. | Reduce -2.4% | 0.34% | −0.02 |
| NMFC New Mountain Finance Corp. | Reduce -3.6% | 0.20% | −0.02 |
| HD Home Depot Inc. | Reduce -4.9% | 1.46% | −0.02 |
| CCAP Crescent Capital BDC Inc. | Reduce -3.6% | 0.19% | −0.02 |
| PFLT Pennantpark Floating Rate Ca | Reduce -3.5% | 0.11% | −0.02 |
| TTEK Tetra Tech Inc. | Reduce -6.1% | 0.61% | −0.02 |
| SLRC SLR Investment Corp. | Reduce -2.2% | 0.24% | −0.02 |
| SYK Stryker Corp. | Reduce -11.6% | 1.31% | −0.02 |
| BP BP PLC-Spons ADR | Reduce -8.1% | 0.15% | −0.01 |
| CSWC Capital Southwest Corp. | Reduce -1.7% | 0.36% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -10.3% | 1.33% | −0.01 |
| GLAD Gladstone Capital Corp. | Reduce -4.0% | 0.10% | −0.01 |
| MAR Marriott International Class A | Reduce -5.4% | 0.84% | −0.01 |
| PNNT Pennantpark Investment Corp. | Reduce -0.8% | 0.10% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| LLY Eli Lilly & Co. | Add +10.5% | 1.74% | +0.48 |
| HCA HCA Healthcare Inc. | New | 0.37% | +0.37 |
| GEHC GE Healthcare Technology | New | 0.36% | +0.36 |
| COO The Cooper Cos Inc. | New | 0.30% | +0.30 |
| VST Vistra Corp. | Add +34.1% | 0.49% | +0.27 |
| ITGR Integer Holdings Corp. | New | 0.26% | +0.26 |
| NTRA Natera Inc. | New | 0.25% | +0.25 |
| ASTH Astrana Health Inc. | New | 0.21% | +0.21 |
| URI United Rentals Inc. | New | 0.21% | +0.21 |
| COP Conocophillips | Add +26.6% | 0.79% | +0.18 |
| PGNY Progyny Inc. | New | 0.16% | +0.16 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +82.7% | 0.30% | +0.16 |
| BWXT BWX Technologies Inc. | Add +3.3% | 0.68% | +0.15 |
| GDRX Goodrx Holdings Inc. Class A | New | 0.15% | +0.15 |
| ACCD Accolade Inc. | New | 0.14% | +0.14 |
| IRM Iron Mountain Inc. | New | 0.13% | +0.13 |
| HQY Healthequity Inc. | Add +24.1% | 0.42% | +0.13 |
| PEP Pepsico Inc. | Add +13.2% | 1.15% | +0.09 |
| XOM Exxon Mobil Corp. | Add +0.5% | 1.04% | +0.09 |
| DLR Digital Realty Trust Inc. | New | 0.08% | +0.08 |
| BBVA Banco Bilbao Vizcaya-SP ADR | New | 0.08% | +0.08 |
| DHI D.R. Horton Inc. | Add +70.0% | 0.18% | +0.08 |
| TSM Taiwan Semiconductor-SP ADR | Add +17.4% | 0.25% | +0.08 |
| VCLT Vanguard Long-Term Corp. Bond | New | 0.06% | +0.06 |
| GBDC Golub Capital BDC Inc. | Add +2.6% | 0.97% | +0.05 |
| NVS Novartis AG-Sponsored ADR | Add +34.6% | 0.27% | +0.05 |
| SAP Sap SE-Sponsored ADR | New | 0.05% | +0.05 |
| SCCO Southern Copper Corp. | Add +1.4% | 0.30% | +0.04 |
| TM Toyota Motor Corp. -Spon ADR | New | 0.04% | +0.04 |
| KKR KKR & Co. Inc. | Add +0.7% | 0.32% | +0.04 |
| WELL Welltower Inc. | Add +15.4% | 0.13% | +0.01 |
| CASY Casey's General Stores Inc. | Add +1.9% | 0.10% | +0.01 |
| VZ Verizon Communications Inc. | Add +1.6% | 0.07% | +0.00 |
| COPX Global X Copper Miners ETF | Add +0.6% | 0.05% | +0.00 |
| T AT&T Inc. | Add +3.6% | 0.10% | +0.00 |
| BN Brookfield Corp. | Add +0.9% | 0.16% | −0.00 |
| OHI Omega Healthcare Investors | Add +1.8% | 0.16% | −0.00 |
| JNJ Johnson & Johnson | Add +2.1% | 0.13% | −0.01 |
| VTIP Vanguard Short-Term Tips | Add +0.5% | 0.10% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +0.3% | 0.09% | −0.01 |
| SGOV iShares 0-3 Month Treasury B | Add +0.3% | 0.11% | −0.01 |
| XP XP Inc. Class A | Add +1.8% | 0.10% | −0.01 |
| WDS Woodside Energy Group-ADR | Add +1.4% | 0.11% | −0.01 |
| BHP BHP Group Ltd.-Spon ADR | Add +1.8% | 0.07% | −0.02 |
| AGG iShares Core U.S. Aggregate | Add +0.3% | 0.24% | −0.02 |
| KDP Keurig Dr Pepper Inc. | Add +1.6% | 0.14% | −0.02 |
| GLPI Gaming and Leisure Propertie | Add +1.6% | 0.16% | −0.02 |
| UNP Union Pacific Corp. | Add +0.1% | 0.32% | −0.02 |
| MCD McDonald's Corp. | Add +0.7% | 0.43% | −0.05 |