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

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

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
NTRA Natera Inc. 0.25% 22,990 $2.1M New
TSM Taiwan Semiconductor-SP ADR 0.25% 15,329 $2.1M Add +17.4%
SLRC SLR Investment Corp. 0.24% 131,467 $2.0M Reduce -2.2%
AGG iShares Core U.S. Aggregate 0.24% 20,458 $2.0M Add +0.3%
PRVA Privia Health Group Inc. 0.23% 99,140 $1.9M No change
QTRX Quanterix Corp. 0.23% 81,610 $1.9M No change
ASTH Astrana Health Inc. 0.21% 42,490 $1.8M New
URI United Rentals Inc. 0.21% 2,383 $1.7M New
NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP 0.20% 133,865 $1.7M Reduce -3.6%
ADBE Adobe Inc. 0.20% 3,308 $1.7M Reduce -16.0%
ORLY O'reilly Automotive Inc. 0.20% 1,475 $1.7M Reduce -0.9%
PODD Insulet Corp. 0.19% 9,040 $1.5M No change
CCAP Crescent Capital BDC Inc. 0.19% 89,606 $1.5M Reduce -3.6%
MFIC Midcap Financial Investment 0.18% 102,086 $1.5M Reduce -4.0%
DHI D.R. Horton Inc. 0.18% 9,208 $1.5M Add +70.0%
BBDC Barings BDC Inc. 0.17% 155,955 $1.5M Reduce -3.9%
ASML ASML Holding NV-NY Reg SHS 0.17% 1,488 $1.4M Reduce -0.9%
BN Brookfield Corp. 0.16% 32,649 $1.4M Add +0.9%
GLPI Gaming and Leisure Propertie 0.16% 29,630 $1.4M Add +1.6%
PGNY Progyny Inc. 0.16% 35,780 $1.4M New
OHI Omega Healthcare Investors 0.16% 41,638 $1.3M Add +1.8%
GDRX Goodrx Holdings Inc. Class A 0.15% 180,270 $1.3M New
CAT Caterpillar Inc. 0.15% 3,459 $1.3M Reduce -4.2%
SHEL Shell PLC-ADR 0.15% 18,705 $1.3M Reduce -17.9%
BP BP PLC-Spons ADR 0.15% 33,194 $1.3M Reduce -8.1%
ACCD Accolade Inc. 0.14% 110,250 $1.2M New
KDP Keurig Dr Pepper Inc. 0.14% 37,112 $1.1M Add +1.6%
JNJ Johnson & Johnson 0.13% 7,082 $1.1M Add +2.1%
WELL Welltower Inc. 0.13% 11,874 $1.1M Add +15.4%
AZN Astrazeneca PLC-Spons ADR 0.13% 16,171 $1.1M Reduce -37.5%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.13% 13,603 $1.1M New
TCPC BlackRock TCP Capital Corp. 0.13% 101,721 $1.1M Reduce -3.8%
KLAC KLA Corp. 0.12% 1,447 $1.0M Reduce -0.7%
PFLT Pennantpark Floating Rate Ca 0.11% 79,985 $910K Reduce -3.5%
WDS Woodside Energy Group-ADR 0.11% 44,683 $892K Add +1.4%
SGOV iShares 0-3 Month Treasury B 0.11% 8,689 $875K Add +0.3%
CASY Casey's General Stores Inc. 0.10% 2,705 $861K Add +1.9%
XP XP Inc. Class A 0.10% 32,191 $826K Add +1.8%
GLAD Gladstone Capital Corp. 0.10% 76,930 $825K Reduce -4.0%
PNNT Pennantpark Investment Corp. 0.10% 119,168 $820K Reduce -0.8%
RS Reliance Inc. 0.10% 2,417 $808K Reduce -1.0%
VTIP Vanguard Short-Term Tips 0.10% 16,683 $799K Add +0.5%
T AT&T Inc. 0.10% 45,221 $796K Add +3.6%
VCSH Vanguard S/T Corp. Bond ETF 0.09% 9,884 $764K Add +0.3%
VLTO Veralto Corp. 0.09% 8,566 $759K No change
RELX Relx PLC - Spon ADR 0.09% 17,190 $744K Reduce -1.0%
DLR Digital Realty Trust Inc. 0.08% 4,644 $669K New
TS Tenaris SA-ADR 0.08% 16,691 $655K Reduce -1.2%
STLA Stellantis NV 0.08% 22,960 $650K Reduce -0.9%
BCSF Bain Capital Specialty Finan 0.08% 40,886 $641K Reduce -3.4%
BBVA Banco Bilbao Vizcaya-SP ADR 0.08% 54,092 $640K New
CNQ Canadian Natural Resources 0.08% 8,229 $628K Reduce -1.3%
VZ Verizon Communications Inc. 0.07% 14,061 $590K Add +1.6%
BHP BHP Group Ltd.-Spon ADR 0.07% 9,781 $564K Add +1.8%
HON Honeywell International Inc. 0.06% 2,490 $511K Reduce -34.6%
VCLT Vanguard Long-Term Corp. Bond 0.06% 5,941 $465K New
COPX Global X Copper Miners ETF 0.05% 9,924 $421K Add +0.6%
IHG Intercontinental Hotels-ADR 0.05% 3,896 $412K Reduce -2.6%
FERG Ferguson Jersey Ltd. 0.05% 1,823 $398K Reduce -1.3%
SAP Sap SE-Sponsored ADR 0.05% 1,930 $376K New
CNI Canadian Natl Railway Co. 0.04% 2,741 $361K Reduce -2.7%
TM Toyota Motor Corp. -Spon ADR 0.04% 1,408 $354K New
IWF iShares Russell 1000 Growth 0.01% 225 $76K Reduce -3.4%

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

All Filings

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