McRae Capital Management Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 24, 2024), McRae Capital Management Inc. reported 92 stock positions worth $438.6 million. Its top holding was Microsoft (MSFT) at 6.9% of the portfolio, followed by Williams-Sonoma (WSM, 5.4%) and Quanta Services (PWR, 5.2%). Compared with Q1 2024, it opened 3 new positions, sold out of 7, added to 31 and reduced 29. The biggest buy was Chubb (CB, shares +164%) and the biggest sale Perficient (PRFT, shares −94%).

Most Recent 13F
Q2 2026
Location
Morristown, NJ
CIK
0000320376
Portfolio Value
$438.6M (Q2 2024)
SEC Filing
0001172661-24-002898 ↗ filed Jul 24, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $456.5M Q1 2024 Q2 2024: $438.6M $438.6M Q2 2024 Q3 2024: $512.3M Q3 2024 Q4 2024: $510.1M Q4 2024 Q1 2025: $474.4M Q1 2025 Q2 2025: $488.4M Q2 2025 Q3 2025: $503.8M Q3 2025 Q4 2025: $489.9M Q4 2025 Q1 2026: $482.1M Q1 2026 Q2 2026: $508.1M Q2 2026

Holdings 92 stocks · $438.6M
MSFT Microsoft Corp. 6.90% 67,743 $30.3M Reduce -1.6%
WSM Williams-Sonoma Inc. 5.38% 83,515 $23.6M Reduce -6.0%
PWR Quanta Services Inc. 5.22% 90,166 $22.9M Reduce -4.4%
URI United Rentals Inc. 4.68% 31,768 $20.5M Reduce -1.2%
LOW Lowe's Cos Inc. 4.65% 92,598 $20.4M Add +3.1%
CHKP Check Point Software Tech 4.62% 122,945 $20.3M Add +4.9%
FISV Fiserv Inc. 4.44% 130,579 $19.5M Add +1.5%
NDAQ Nasdaq Inc. 4.15% 302,036 $18.2M Add +1.4%
OMC Omnicom Group 4.14% 202,359 $18.2M Add +0.6%
LH Labcorp Holdings Inc. 3.82% 82,387 $16.8M Add +3.3%
VRTX Vertex Pharmaceuticals Inc. 3.58% 33,520 $15.7M Reduce -1.2%
KEYS Keysight Technologies Inc. 3.49% 111,926 $15.3M Add +5.3%
UNH Unitedhealth Group Inc. 3.27% 28,127 $14.3M Add +5.9%
TMO Thermo Fisher Scientific Inc. 3.26% 25,819 $14.3M Add +0.5%
SNA Snap-on Inc. 3.01% 50,518 $13.2M Add +0.8%
WDAY Workday Inc. Class A 2.95% 57,966 $13.0M Add +99.2%
BR Broadridge Financial Solutio 2.81% 62,574 $12.3M Add +0.2%
TFC Truist Financial Corp. 2.49% 281,029 $10.9M Add +1.6%
BDX Becton Dickinson and Co. 2.46% 46,262 $10.8M Add +2.9%
CRM Salesforce Inc. 2.32% 39,652 $10.2M Add +42.9%
PYPL PayPal Holdings Inc. 2.28% 172,316 $10.0M Add +5.1%
JPM JPMorgan Chase & Co. 2.06% 44,566 $9.0M Reduce -0.5%
CB Chubb Ltd. 2.04% 35,134 $9.0M Add +163.8%
ACN Accenture PLC Class A 1.84% 26,653 $8.1M Add +0.1%
HSY The Hershey Co. 1.51% 36,052 $6.6M Add +154.5%
AAPL Apple Inc. 1.26% 26,203 $5.5M Reduce -6.4%
SO The Southern Co. 0.62% 35,054 $2.7M Reduce -5.6%
PFF iShares Preferred & Income S 0.48% 67,001 $2.1M No change
JNJ Johnson & Johnson 0.47% 14,113 $2.1M Reduce -4.1%
TT Trane Technologies PLC 0.44% 5,841 $1.9M Add +0.1%
GLD SPDR Gold Shares 0.41% 8,430 $1.8M No change
ISRG Intuitive Surgical Inc. 0.40% 3,965 $1.8M No change
IVV iShares Core S&P 500 ETF 0.39% 3,089 $1.7M Add +0.3%
PEP Pepsico Inc. 0.37% 9,937 $1.6M No change
WM Waste Management Inc. 0.37% 7,535 $1.6M Reduce -7.4%
INTU Intuit Inc. 0.32% 2,166 $1.4M No change
DHR Danaher Corp. 0.29% 5,089 $1.3M Reduce -7.3%
ZBRA Zebra Technologies Corp. Class A 0.28% 3,980 $1.2M Reduce -10.1%
PRFT Perficient Inc. 0.26% 15,190 $1.1M Reduce -94.2%
MRK Merck & Co. Inc. 0.26% 9,069 $1.1M Reduce -1.4%
PFE Pfizer Inc. 0.25% 39,280 $1.1M Reduce -6.4%
LLY Eli Lilly & Co. 0.23% 1,121 $1.0M No change
XOM Exxon Mobil Corp. 0.22% 8,513 $980K Reduce -0.9%
META Meta Platforms Inc. Class A 0.22% 1,892 $954K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.21% 15,628 $936K No change
HD Home Depot Inc. 0.20% 2,513 $865K No change
VOO Vanguard S&P 500 ETF 0.20% 1,717 $859K No change
COST Costco Wholesale Corp. 0.19% 978 $831K No change
HON Honeywell International Inc. 0.19% 3,842 $820K No change
FDX FedEx Corp. 0.18% 2,654 $796K Reduce -27.4%
AMGN Amgen Inc. 0.17% 2,386 $746K No change
GOOGL Alphabet Inc. Class A 0.17% 4,028 $734K No change
UNP Union Pacific Corp. 0.16% 3,025 $684K Reduce -20.9%
CVX Chevron Corp. 0.15% 4,271 $668K No change
IJH iShares Core S&P Midcap ETF 0.15% 11,366 $665K Add +0.5%
ABT Abbott Laboratories 0.15% 6,212 $645K No change
MRSH Marsh & McLennan Cos 0.14% 2,899 $611K Add +7.3%
IJR iShares Core S&P Small-Cap E 0.14% 5,595 $597K Add +1.3%
AEM Agnico Eagle Mines Ltd. 0.12% 8,000 $523K No change
GOOG Alphabet Inc. Class C 0.12% 2,852 $523K No change
ADP Automatic Data Processing 0.12% 2,171 $518K Add +0.1%
INTC Intel Corp. 0.12% 16,493 $511K Reduce -1.8%
PG The Procter & Gamble Co. 0.11% 3,047 $503K No change
NVT Nvent Electric PLC 0.11% 6,551 $502K Reduce -0.0%
XYL Xylem Inc. 0.11% 3,475 $471K Add +0.0%
COP Conocophillips 0.11% 4,118 $471K Reduce -9.5%
AMZN Amazon.com Inc. 0.11% 2,435 $471K Add +21.1%
SWKS Skyworks Solutions Inc. 0.10% 4,240 $452K No change
NEM Newmont Corp. 0.09% 9,900 $415K Add +67.8%
ETN Eaton Corp. PLC 0.09% 1,300 $408K No change
WMT Walmart Inc. 0.09% 5,820 $394K Reduce -38.2%
MET Metlife Inc. 0.09% 5,367 $377K No change
PEG Public Service Enterprise GP 0.09% 5,081 $374K Reduce -87.2%
GS Goldman Sachs Group Inc. 0.08% 798 $361K Reduce -20.0%
AGI Alamos Gold Inc. Class A 0.08% 22,900 $359K Add +77.5%
ABBV Abbvie Inc. 0.08% 1,940 $333K Reduce -29.2%
FTV Fortive Corp. 0.07% 4,125 $306K Reduce -2.4%
CSCO Cisco Systems Inc. 0.07% 6,250 $297K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 2,985 $296K No change
BGH Barings GLBL SHRT Dur Hi YLD 0.07% 20,483 $296K Add +1.1%
AMP Ameriprise Financial Inc. 0.06% 635 $271K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.06% 1,666 $267K Reduce -0.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.06% 489 $266K No change
RTX RTX Corp. 0.06% 2,450 $246K Add +7.5%
PGF Invesco Financial Preferred 0.05% 16,203 $239K Reduce -0.0%
AVGO Broadcom Inc. 0.05% 145 $233K New
UPS United Parcel Service Class B 0.05% 1,687 $231K Reduce -32.2%
USB US Bancorp 0.05% 5,450 $216K No change
NFLX Netflix Inc. 0.05% 300 $202K New
PNC PNC Financial Services Group 0.05% 1,300 $202K No change
HL Hecla Mining Co. 0.04% 40,000 $194K No change
VUZI Vuzix Corp. 0.01% 23,000 $31K New

Portfolio Sells Q1 2024 → Q2 2024
PRFT Perficient Inc. Reduce -94.2% 0.26% −2.98
WSM Williams-Sonoma Inc. Reduce -6.0% 5.38% −0.80
PEG Public Service Enterprise GP Reduce -87.2% 0.09% −0.50
URI United Rentals Inc. Reduce -1.2% 4.68% −0.39
WY Weyerhaeuser Co. Sold out 0.00% −0.18
PWR Quanta Services Inc. Reduce -4.4% 5.22% −0.14
TXN Texas Instruments Inc. Sold out 0.00% −0.07
KO The Coca-Cola Co. Sold out 0.00% −0.07
ADM Archer-Daniels-Midland Co. Sold out 0.00% −0.05
FDX FedEx Corp. Reduce -27.4% 0.18% −0.05
DUK Duke Energy Corp. Sold out 0.00% −0.05
UNP Union Pacific Corp. Reduce -20.9% 0.16% −0.05
INTC Intel Corp. Reduce -1.8% 0.12% −0.05
LULU Lululemon Athletica Inc. Sold out 0.00% −0.05
JNJ Johnson & Johnson Reduce -4.1% 0.47% −0.04
B Barrick Gold Corp. Sold out 0.00% −0.04
WMT Walmart Inc. Reduce -38.2% 0.09% −0.03
ABBV Abbvie Inc. Reduce -29.2% 0.08% −0.03
UPS United Parcel Service Class B Reduce -32.2% 0.05% −0.03
COP Conocophillips Reduce -9.5% 0.11% −0.02
WM Waste Management Inc. Reduce -7.4% 0.37% −0.01
ZBRA Zebra Technologies Corp. Class A Reduce -10.1% 0.28% −0.01
DHR Danaher Corp. Reduce -7.3% 0.29% −0.01
FTV Fortive Corp. Reduce -2.4% 0.07% −0.01
MRK Merck & Co. Inc. Reduce -1.4% 0.26% −0.01
GS Goldman Sachs Group Inc. Reduce -20.0% 0.08% −0.01
PFE Pfizer Inc. Reduce -6.4% 0.25% −0.00
PGF Invesco Financial Preferred Reduce -0.0% 0.05% +0.00
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.1% 0.06% +0.00
XOM Exxon Mobil Corp. Reduce -0.9% 0.22% +0.00
NVT Nvent Electric PLC Reduce -0.0% 0.11% +0.01
SO The Southern Co. Reduce -5.6% 0.62% +0.04
JPM JPMorgan Chase & Co. Reduce -0.5% 2.06% +0.09
AAPL Apple Inc. Reduce -6.4% 1.26% +0.21
VRTX Vertex Pharmaceuticals Inc. Reduce -1.2% 3.58% +0.47
MSFT Microsoft Corp. Reduce -1.6% 6.90% +0.56

Portfolio Buys Q1 2024 → Q2 2024
CB Chubb Ltd. Add +163.8% 2.04% +1.29
WDAY Workday Inc. Class A Add +99.2% 2.95% +1.22
HSY The Hershey Co. Add +154.5% 1.51% +0.91
CRM Salesforce Inc. Add +42.9% 2.32% +0.49
CHKP Check Point Software Tech Add +4.9% 4.62% +0.42
UNH Unitedhealth Group Inc. Add +5.9% 3.27% +0.39
TFC Truist Financial Corp. Add +1.6% 2.49% +0.13
TT Trane Technologies PLC Add +0.1% 0.44% +0.05
AVGO Broadcom Inc. New 0.05% +0.05
NEM Newmont Corp. Add +67.8% 0.09% +0.05
NFLX Netflix Inc. New 0.05% +0.05
AGI Alamos Gold Inc. Class A Add +77.5% 0.08% +0.04
NDAQ Nasdaq Inc. Add +1.4% 4.15% +0.03
IVV iShares Core S&P 500 ETF Add +0.3% 0.39% +0.03
AMZN Amazon.com Inc. Add +21.1% 0.11% +0.03
BDX Becton Dickinson and Co. Add +2.9% 2.46% +0.03
MRSH Marsh & McLennan Cos Add +7.3% 0.14% +0.02
XYL Xylem Inc. Add +0.0% 0.11% +0.01
RTX RTX Corp. Add +7.5% 0.06% +0.01
VUZI Vuzix Corp. New 0.01% +0.01
BR Broadridge Financial Solutio Add +0.2% 2.81% +0.01
LH Labcorp Holdings Inc. Add +3.3% 3.82% +0.01
BGH Barings GLBL SHRT Dur Hi YLD Add +1.1% 0.07% +0.00
IJR iShares Core S&P Small-Cap E Add +1.3% 0.14% +0.00
IJH iShares Core S&P Midcap ETF Add +0.5% 0.15% +0.00
ADP Automatic Data Processing Add +0.1% 0.12% −0.00
TMO Thermo Fisher Scientific Inc. Add +0.5% 3.26% −0.02
FISV Fiserv Inc. Add +1.5% 4.44% −0.07
OMC Omnicom Group Add +0.6% 4.14% −0.12
PYPL PayPal Holdings Inc. Add +5.1% 2.28% −0.13
KEYS Keysight Technologies Inc. Add +5.3% 3.49% −0.15
ACN Accenture PLC Class A Add +0.1% 1.84% −0.18
SNA Snap-on Inc. Add +0.8% 3.01% −0.24
LOW Lowe's Cos Inc. Add +3.1% 4.65% −0.36

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 112$508.1MWSM, KEYS, MSFT, LH, PWR
Q1 2026 105$482.1MMSFT, LH, KEYS, WSM, LOW
Q4 2025 103$489.9MMSFT, NDAQ, WSM, KEYS, LH
Q3 2025 103$503.8MMSFT, WSM, NDAQ, LH, CHKP
Q2 2025 102$488.4MMSFT, CHKP, NDAQ, WSM, LH
Q1 2025 94$474.4MCHKP, MSFT, FISV, WSM, NDAQ
Q4 2024 91$510.1MMSFT, WSM, PWR, FISV, NDAQ
Q3 2024 93$512.3MMSFT, PWR, LOW, URI, WSM
Q2 2024 92$438.6MMSFT, WSM, PWR, URI, LOW
Q1 2024 96$456.5MMSFT, WSM, PWR, URI, LOW