McRae Capital Management Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 24, 2024), McRae Capital Management Inc. reported 93 stock positions worth $512.3 million. Its top holding was Microsoft (MSFT) at 6.3% of the portfolio, followed by Quanta Services (PWR, 5.0%) and Lowe's Cos (LOW, 4.9%). Compared with Q2 2024, it opened 5 new positions, sold out of 4, added to 34 and reduced 29. The biggest buy was a new position in Lululemon Athletica (LULU) and the biggest sale Vertex Pharmaceuticals (VRTX, shares −5%).

Most Recent 13F
Q2 2026
Location
Morristown, NJ
CIK
0000320376
Portfolio Value
$512.3M (Q3 2024)
SEC Filing
0001172661-24-004341 ↗ filed Oct 24, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $456.5M Q1 2024 Q2 2024: $438.6M Q2 2024 Q3 2024: $512.3M $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 93 stocks · $512.3M
MSFT Microsoft Corp. 6.30% 75,039 $32.3M Add +10.8%
PWR Quanta Services Inc. 5.02% 86,331 $25.7M Reduce -4.3%
LOW Lowe's Cos Inc. 4.93% 93,251 $25.3M Add +0.7%
URI United Rentals Inc. 4.92% 31,143 $25.2M Reduce -2.0%
WSM Williams-Sonoma Inc. 4.91% 162,436 $25.2M Reduce -2.8%
CHKP Check Point Software Tech 4.57% 121,325 $23.4M Reduce -1.3%
FISV Fiserv Inc. 4.53% 129,104 $23.2M Reduce -1.1%
NDAQ Nasdaq Inc. 4.29% 300,991 $22.0M Reduce -0.3%
OMC Omnicom Group 4.11% 203,724 $21.1M Add +0.7%
LH Labcorp Holdings Inc. 3.63% 83,151 $18.6M Add +0.9%
KEYS Keysight Technologies Inc. 3.49% 112,351 $17.9M Add +0.4%
UNH Unitedhealth Group Inc. 3.16% 27,677 $16.2M Reduce -1.6%
TMO Thermo Fisher Scientific Inc. 3.10% 25,689 $15.9M Reduce -0.5%
SNA Snap-on Inc. 2.90% 51,368 $14.9M Add +1.7%
VRTX Vertex Pharmaceuticals Inc. 2.89% 31,880 $14.8M Reduce -4.9%
WDAY Workday Inc. Class A 2.82% 59,150 $14.5M Add +2.0%
PYPL PayPal Holdings Inc. 2.71% 177,911 $13.9M Add +3.3%
BR Broadridge Financial Solutio 2.61% 62,199 $13.4M Reduce -0.6%
BDX Becton Dickinson and Co. 2.38% 50,579 $12.2M Add +9.3%
TFC Truist Financial Corp. 2.36% 282,179 $12.1M Add +0.4%
CB Chubb Ltd. 2.33% 41,334 $11.9M Add +17.6%
CRM Salesforce Inc. 2.26% 42,304 $11.6M Add +6.7%
LULU Lululemon Athletica Inc. 1.85% 34,995 $9.5M New
ACN Accenture PLC Class A 1.84% 26,650 $9.4M Reduce -0.0%
JPM JPMorgan Chase & Co. 1.83% 44,472 $9.4M Reduce -0.2%
HSY The Hershey Co. 1.37% 36,602 $7.0M Add +1.5%
AAPL Apple Inc. 1.18% 25,989 $6.1M Reduce -0.8%
AMZN Amazon.com Inc. 0.91% 25,110 $4.7M Add +931.2%
GOOGL Alphabet Inc. Class A 0.87% 26,840 $4.5M Add +566.3%
SO The Southern Co. 0.62% 35,132 $3.2M Add +0.2%
JNJ Johnson & Johnson 0.45% 14,136 $2.3M Add +0.2%
TT Trane Technologies PLC 0.44% 5,796 $2.3M Reduce -0.8%
PFF iShares Preferred & Income S 0.43% 66,351 $2.2M Reduce -1.0%
GLD SPDR Gold Shares 0.40% 8,410 $2.0M Reduce -0.2%
ISRG Intuitive Surgical Inc. 0.36% 3,765 $1.8M Reduce -5.0%
IVV iShares Core S&P 500 ETF 0.36% 3,191 $1.8M Add +3.3%
PEP Pepsico Inc. 0.33% 9,966 $1.7M Add +0.3%
WM Waste Management Inc. 0.31% 7,585 $1.6M Add +0.7%
ZBRA Zebra Technologies Corp. Class A 0.29% 3,980 $1.5M No change
DHR Danaher Corp. 0.28% 5,089 $1.4M No change
HON Honeywell International Inc. 0.27% 6,733 $1.4M Add +75.3%
INTU Intuit Inc. 0.26% 2,166 $1.3M No change
META Meta Platforms Inc. Class A 0.23% 2,052 $1.2M Add +8.5%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.22% 15,628 $1.1M No change
MRK Merck & Co. Inc. 0.20% 8,958 $1.0M Reduce -1.2%
PFE Pfizer Inc. 0.19% 33,130 $959K Reduce -15.7%
LLY Eli Lilly & Co. 0.19% 1,071 $949K Reduce -4.5%
VOO Vanguard S&P 500 ETF 0.18% 1,717 $906K No change
HD Home Depot Inc. 0.18% 2,234 $905K Reduce -11.1%
COST Costco Wholesale Corp. 0.17% 978 $867K No change
UNP Union Pacific Corp. 0.15% 3,025 $746K No change
FDX FedEx Corp. 0.14% 2,654 $726K No change
IJH iShares Core S&P Midcap ETF 0.14% 11,567 $721K Add +1.8%
ABT Abbott Laboratories 0.14% 6,212 $708K No change
IJR iShares Core S&P Small-Cap E 0.13% 5,848 $684K Add +4.5%
XOM Exxon Mobil Corp. 0.13% 5,773 $677K Reduce -32.2%
MRSH Marsh & McLennan Cos 0.13% 2,899 $647K No change
AEM Agnico Eagle Mines Ltd. 0.13% 8,003 $645K Add +0.0%
AMGN Amgen Inc. 0.13% 1,995 $643K Reduce -16.4%
CVX Chevron Corp. 0.12% 4,271 $629K No change
ADP Automatic Data Processing 0.12% 2,184 $605K Add +0.6%
PG The Procter & Gamble Co. 0.10% 3,081 $534K Add +1.1%
AMP Ameriprise Financial Inc. 0.10% 1,085 $510K Add +70.9%
NEM Newmont Corp. 0.10% 9,500 $508K Reduce -4.0%
WMT Walmart Inc. 0.09% 5,892 $476K Add +1.2%
XYL Xylem Inc. 0.09% 3,475 $469K No change
NVT Nvent Electric PLC 0.09% 6,551 $460K No change
AGI Alamos Gold Inc. Class A 0.09% 22,900 $457K No change
PEG Public Service Enterprise GP 0.09% 5,081 $453K No change
ETN Eaton Corp. PLC 0.09% 1,314 $436K Add +1.1%
NVDA Nvidia Corp. 0.08% 3,325 $404K New
MET Metlife Inc. 0.08% 4,835 $399K Reduce -9.9%
GS Goldman Sachs Group Inc. 0.08% 798 $395K No change
ABBV Abbvie Inc. 0.08% 1,964 $388K Add +1.2%
COP Conocophillips 0.07% 3,600 $379K Reduce -12.6%
CSCO Cisco Systems Inc. 0.06% 6,250 $333K No change
FTV Fortive Corp. 0.06% 4,125 $326K No change
SWKS Skyworks Solutions Inc. 0.06% 3,225 $319K Reduce -23.9%
BGH Barings GLBL SHRT Dur Hi YLD 0.06% 20,832 $316K Add +1.7%
RTX RTX Corp. 0.06% 2,450 $297K No change
GOOG Alphabet Inc. Class C 0.06% 1,712 $286K Reduce -40.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.05% 489 $281K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 2,775 $267K Reduce -7.0%
HL Hecla Mining Co. 0.05% 40,000 $267K No change
PNC PNC Financial Services Group 0.05% 1,400 $259K Add +7.7%
AVGO Broadcom Inc. 0.05% 1,500 $259K Add +3.5%
PGF Invesco Financial Preferred 0.05% 16,203 $254K No change
BTC Grayscale Bitcoin Mini Trust 0.05% 44,590 $251K New
USB US Bancorp 0.05% 5,450 $249K No change
PLTR Palantir Technologies Inc. Class A 0.05% 6,600 $246K New
NFLX Netflix Inc. 0.04% 300 $213K No change
KO The Coca-Cola Co. 0.04% 2,861 $206K New
VUZI Vuzix Corp. 0.01% 23,000 $27K No change

Portfolio Sells Q2 2024 → Q3 2024
VRTX Vertex Pharmaceuticals Inc. Reduce -4.9% 2.89% −0.69
WSM Williams-Sonoma Inc. Reduce -2.8% 4.91% −0.46
PRFT Perficient Inc. Sold out 0.00% −0.26
JPM JPMorgan Chase & Co. Reduce -0.2% 1.83% −0.22
BR Broadridge Financial Solutio Reduce -0.6% 2.61% −0.20
PWR Quanta Services Inc. Reduce -4.3% 5.02% −0.20
TMO Thermo Fisher Scientific Inc. Reduce -0.5% 3.10% −0.15
INTC Intel Corp. Sold out 0.00% −0.12
UNH Unitedhealth Group Inc. Reduce -1.6% 3.16% −0.11
XOM Exxon Mobil Corp. Reduce -32.2% 0.13% −0.09
AAPL Apple Inc. Reduce -0.8% 1.18% −0.08
GOOG Alphabet Inc. Class C Reduce -40.0% 0.06% −0.06
PFE Pfizer Inc. Reduce -15.7% 0.19% −0.06
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.06
CHKP Check Point Software Tech Reduce -1.3% 4.57% −0.06
MRK Merck & Co. Inc. Reduce -1.2% 0.20% −0.06
UPS United Parcel Service Class B Sold out 0.00% −0.05
PFF iShares Preferred & Income S Reduce -1.0% 0.43% −0.05
LLY Eli Lilly & Co. Reduce -4.5% 0.19% −0.05
AMGN Amgen Inc. Reduce -16.4% 0.13% −0.04
ISRG Intuitive Surgical Inc. Reduce -5.0% 0.36% −0.04
SWKS Skyworks Solutions Inc. Reduce -23.9% 0.06% −0.04
COP Conocophillips Reduce -12.6% 0.07% −0.03
HD Home Depot Inc. Reduce -11.1% 0.18% −0.02
DIS The Walt Disney Co. Reduce -7.0% 0.05% −0.02
GLD SPDR Gold Shares Reduce -0.2% 0.40% −0.01
MET Metlife Inc. Reduce -9.9% 0.08% −0.01
ACN Accenture PLC Class A Reduce -0.0% 1.84% −0.00
TT Trane Technologies PLC Reduce -0.8% 0.44% +0.00
NEM Newmont Corp. Reduce -4.0% 0.10% +0.00
FISV Fiserv Inc. Reduce -1.1% 4.53% +0.09
NDAQ Nasdaq Inc. Reduce -0.3% 4.29% +0.14
URI United Rentals Inc. Reduce -2.0% 4.92% +0.24

Portfolio Buys Q2 2024 → Q3 2024
LULU Lululemon Athletica Inc. New 1.85% +1.85
AMZN Amazon.com Inc. Add +931.2% 0.91% +0.81
GOOGL Alphabet Inc. Class A Add +566.3% 0.87% +0.70
PYPL PayPal Holdings Inc. Add +3.3% 2.71% +0.43
CB Chubb Ltd. Add +17.6% 2.33% +0.28
LOW Lowe's Cos Inc. Add +0.7% 4.93% +0.28
HON Honeywell International Inc. Add +75.3% 0.27% +0.08
NVDA Nvidia Corp. New 0.08% +0.08
BTC Grayscale Bitcoin Mini Trust New 0.05% +0.05
PLTR Palantir Technologies Inc. Class A New 0.05% +0.05
KO The Coca-Cola Co. New 0.04% +0.04
AMP Ameriprise Financial Inc. Add +70.9% 0.10% +0.04
META Meta Platforms Inc. Class A Add +8.5% 0.23% +0.01
AEM Agnico Eagle Mines Ltd. Add +0.0% 0.13% +0.01
PNC PNC Financial Services Group Add +7.7% 0.05% +0.00
WMT Walmart Inc. Add +1.2% 0.09% +0.00
ADP Automatic Data Processing Add +0.6% 0.12% −0.00
ABBV Abbvie Inc. Add +1.2% 0.08% −0.00
SO The Southern Co. Add +0.2% 0.62% −0.00
IJR iShares Core S&P Small-Cap E Add +4.5% 0.13% −0.00
AVGO Broadcom Inc. Add +3.5% 0.05% −0.00
KEYS Keysight Technologies Inc. Add +0.4% 3.49% −0.00
BGH Barings GLBL SHRT Dur Hi YLD Add +1.7% 0.06% −0.01
ETN Eaton Corp. PLC Add +1.1% 0.09% −0.01
PG The Procter & Gamble Co. Add +1.1% 0.10% −0.01
IJH iShares Core S&P Midcap ETF Add +1.8% 0.14% −0.01
JNJ Johnson & Johnson Add +0.2% 0.45% −0.02
IVV iShares Core S&P 500 ETF Add +3.3% 0.36% −0.03
OMC Omnicom Group Add +0.7% 4.11% −0.03
PEP Pepsico Inc. Add +0.3% 0.33% −0.04
WM Waste Management Inc. Add +0.7% 0.31% −0.06
CRM Salesforce Inc. Add +6.7% 2.26% −0.06
BDX Becton Dickinson and Co. Add +9.3% 2.38% −0.08
SNA Snap-on Inc. Add +1.7% 2.90% −0.11
WDAY Workday Inc. Class A Add +2.0% 2.82% −0.13
TFC Truist Financial Corp. Add +0.4% 2.36% −0.13
HSY The Hershey Co. Add +1.5% 1.37% −0.14
LH Labcorp Holdings Inc. Add +0.9% 3.63% −0.20
MSFT Microsoft Corp. Add +10.8% 6.30% −0.60

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