McRae Capital Management Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 17, 2026), McRae Capital Management Inc. reported 112 stock positions worth $508.1 million. Its top holding was Williams-Sonoma (WSM) at 5.0% of the portfolio, followed by Keysight Technologies (KEYS, 4.9%) and Microsoft (MSFT, 4.5%). Compared with Q1 2026, it opened 8 new positions, sold out of 3, added to 33 and reduced 41. The biggest buy was Honeywell Aerospace (HONA, shares +420%) and the biggest sale Zoetis (ZTS, shares −48%).

Most Recent 13F
Q2 2026
Location
Morristown, NJ
CIK
0000320376
Portfolio Value
$508.1M (Q2 2026)
SEC Filing
0001172661-26-002659 ↗ filed Jul 17, 2026

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 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 $508.1M Q2 2026

Holdings 112 stocks · $508.1M
WSM Williams-Sonoma Inc. 5.01% 109,271 $25.5M Reduce -5.1%
KEYS Keysight Technologies Inc. 4.87% 70,684 $24.7M Reduce -5.6%
MSFT Microsoft Corp. 4.50% 61,234 $22.8M Reduce -0.9%
LH Labcorp Holdings Inc. 4.47% 81,089 $22.7M Reduce -2.9%
PWR Quanta Services Inc. 3.49% 24,630 $17.7M Reduce -11.7%
SNA Snap-on Inc. 3.49% 44,009 $17.7M Reduce -3.4%
LOW Lowe's Cos Inc. 3.48% 80,231 $17.7M Reduce -4.1%
NDAQ Nasdaq Inc. 3.41% 219,941 $17.3M Reduce -1.7%
GOOGL Alphabet Inc. Class A 3.41% 48,452 $17.3M Reduce -3.4%
URI United Rentals Inc. 3.39% 15,184 $17.2M Reduce -3.0%
TFC Truist Financial Corp. 3.30% 336,720 $16.8M Reduce -2.0%
VRTX Vertex Pharmaceuticals Inc. 3.24% 33,191 $16.5M Reduce -2.7%
OMC Omnicom Group 3.22% 224,856 $16.4M Reduce -1.6%
CHKP Check Point Software Tech 2.95% 113,935 $15.0M Add +0.3%
TMO Thermo Fisher Scientific Inc. 2.80% 28,388 $14.2M Reduce -1.3%
CB Chubb Ltd. 2.75% 40,949 $14.0M Reduce -2.7%
CSCO Cisco Systems Inc. 2.42% 104,658 $12.3M Reduce -0.9%
MRSH Marsh & McLennan Cos 2.25% 68,475 $11.4M Add +1.1%
PANW Palo Alto Networks Inc. 2.22% 33,046 $11.3M Reduce -4.3%
FENI Fidelity Enhanced Intl ETF 2.08% 263,399 $10.6M Add +4.0%
UNH Unitedhealth Group Inc. 1.98% 24,171 $10.0M Reduce -13.1%
AMZN Amazon.com Inc. 1.92% 40,977 $9.8M Reduce -2.4%
BR Broadridge Financial Solutio 1.90% 70,604 $9.7M Add +12.5%
WDAY Workday Inc. Class A 1.73% 71,895 $8.8M Add +1.1%
BDX Becton Dickinson and Co. 1.46% 48,866 $7.4M Add +0.4%
JPM JPMorgan Chase & Co. 1.37% 21,227 $6.9M Reduce -3.2%
GS Goldman Sachs Group Inc. 1.32% 6,653 $6.7M Reduce -0.7%
AAPL Apple Inc. 1.30% 22,887 $6.6M Reduce -1.6%
FISV Fiserv Inc. 1.28% 132,916 $6.5M Reduce -5.4%
HON Honeywell International Inc. 1.19% 27,085 $6.1M Add +420.3%
INSM Insmed Inc. 1.19% 56,836 $6.1M Add +61.7%
HONA Honeywell Aerospace Inc. 1.18% 27,085 $6.0M Add +420.3%
NFLX Netflix Inc. 1.16% 82,492 $5.9M Add +20.4%
ACN Accenture PLC Class A 1.15% 47,009 $5.8M No change
CRM Salesforce Inc. 1.06% 34,425 $5.4M Reduce -45.7%
WAT Waters Corp. 0.97% 13,142 $4.9M Add +7.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.71% 12,801 $3.6M Add +0.0%
ZTS Zoetis Inc. 0.63% 44,319 $3.2M Reduce -47.7%
GLD SPDR Gold Shares 0.53% 7,335 $2.7M Reduce -8.7%
JNJ Johnson & Johnson 0.52% 10,439 $2.7M Reduce -10.6%
SO The Southern Co. 0.51% 27,137 $2.6M Add +0.0%
BNY Bank of New York Mellon Corp. 0.44% 15,342 $2.2M Add +0.0%
WM Waste Management Inc. 0.32% 7,206 $1.6M Reduce -5.3%
PFF iShares Preferred & Income S 0.30% 50,646 $1.5M Reduce -2.0%
FMDE Fidelity Enhanced Mid Cap Co. 0.30% 37,108 $1.5M Add +5.6%
GBTC Grayscale Bitcoin Trust ETF 0.28% 30,940 $1.4M No change
IVV iShares Core S&P 500 ETF 0.26% 1,766 $1.3M Add +6.3%
TT Trane Technologies PLC 0.26% 2,657 $1.3M Reduce -6.2%
META Meta Platforms Inc. Class A 0.25% 2,261 $1.3M Add +4.2%
ISRG Intuitive Surgical Inc. 0.23% 2,890 $1.1M No change
FDX FedEx Corp. 0.22% 3,524 $1.1M No change
FTEC Fidelity MSCI Info Tech Indx 0.20% 3,636 $1.0M Add +1.5%
MRK Merck & Co. Inc. 0.20% 8,069 $1.0M Reduce -2.4%
ZBRA Zebra Technologies Corp. Class A 0.20% 3,825 $1.0M No change
NVT Nvent Electric PLC 0.19% 5,732 $972K Add +0.0%
NVDA Nvidia Corp. 0.18% 4,513 $903K Add +7.1%
FESM Fidelity Enhanced Small Cap 0.16% 16,569 $800K Add +0.7%
AGI Alamos Gold Inc. Class A 0.14% 22,900 $695K No change
COST Costco Wholesale Corp. 0.14% 738 $690K No change
UNP Union Pacific Corp. 0.14% 2,525 $687K No change
HD Home Depot Inc. 0.13% 1,921 $677K Reduce -1.3%
WMT Walmart Inc. 0.12% 5,450 $617K Reduce -9.9%
PFE Pfizer Inc. 0.12% 25,451 $613K No change
CVX Chevron Corp. 0.12% 3,609 $598K Add +2.1%
PLTR Palantir Technologies Inc. Class A 0.12% 5,050 $589K No change
IJH iShares Core S&P Midcap ETF 0.11% 7,370 $568K No change
LLY Eli Lilly & Co. 0.11% 465 $557K Add +0.2%
AMP Ameriprise Financial Inc. 0.11% 1,210 $555K Add +22.8%
ETN Eaton Corp. PLC 0.11% 1,300 $554K No change
AEM Agnico Eagle Mines Ltd. 0.11% 3,500 $543K No change
FHLC Fidelity MSCI Health Care 0.10% 6,660 $514K Add +3.3%
FIDU Fidelity MSCI Indust Indx 0.10% 4,872 $485K Add +2.8%
RTX RTX Corp. 0.09% 2,537 $481K Reduce -1.9%
FNCL Fidelity MSCI Financial Indx 0.09% 6,165 $472K Add +3.3%
VOO Vanguard S&P 500 ETF 0.09% 658 $452K Reduce -9.6%
AMGN Amgen Inc. 0.08% 1,186 $429K No change
MET Metlife Inc. 0.08% 5,035 $426K No change
IJR iShares Core S&P Small-Cap E 0.08% 2,871 $426K Add +0.9%
AVGO Broadcom Inc. 0.08% 1,122 $424K Reduce -8.2%
NEM Newmont Corp. 0.08% 4,500 $420K No change
PG The Procter & Gamble Co. 0.08% 2,797 $410K No change
PEP Pepsico Inc. 0.08% 2,917 $395K Reduce -31.6%
DHR Danaher Corp. 0.08% 2,070 $394K Reduce -23.9%
ABT Abbott Laboratories 0.07% 4,000 $363K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.07% 481 $359K No change
PEG Public Service Enterprise GP 0.07% 4,241 $344K Reduce -10.5%
XYL Xylem Inc. 0.07% 2,826 $334K Reduce -20.9%
BGH Barings GLBL SHRT Dur Hi YLD 0.06% 22,897 $323K Add +1.4%
FDIS Fidelity MSCI Cons Discr Ind 0.06% 3,132 $322K Add +3.3%
ABBV Abbvie Inc. 0.06% 1,275 $321K No change
TOWN Towne Bank 0.06% 8,574 $311K No change
DELL Dell Technologies -C 0.06% 700 $302K New
VTI VG Morningstar TS MKT ETF-US 0.06% 786 $291K Add +10.6%
USB US Bancorp 0.06% 4,750 $287K No change
PNC PNC Financial Services Group 0.06% 1,156 $285K No change
GOOG Alphabet Inc. Class C 0.06% 796 $281K No change
XLK SS Technology Select Sector 0.05% 1,460 $278K New
PFS Provident Financial Services 0.05% 11,724 $277K No change
ADP Automatic Data Processing 0.05% 1,213 $272K Add +0.3%
TER Teradyne Inc. 0.05% 550 $266K New
FDXF FedEx Freight Holding Co. 0.05% 1,761 $266K No change
COP Conocophillips 0.05% 2,412 $251K Add +3.2%
BTC Grayscale Bitcoin Mini ETF 0.05% 8,918 $231K No change
BAC Bank of America Corp. 0.04% 3,925 $224K New
SOLS Solstice Adv Materials Inc. 0.04% 2,503 $222K New
CAT Caterpillar Inc. 0.04% 207 $220K New
PGF Invesco Financial Preferred 0.04% 15,936 $218K Reduce -1.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.04% 2,205 $212K No change
TXN Texas Instruments Inc. 0.04% 700 $209K New
FCOM Fidelity MSCI Comm Serv Indx 0.04% 2,939 $204K New
ED Consolidated Edison Inc. 0.04% 1,825 $202K No change
VUZI Vuzix Corp. 0.01% 23,000 $67K No change

Options reported separately and not counted above: FISV calls ($29K).

Portfolio Sells Q1 2026 → Q2 2026
ZTS Zoetis Inc. Reduce -47.7% 0.63% −1.45
CRM Salesforce Inc. Reduce -45.7% 1.06% −1.40
LOW Lowe's Cos Inc. Reduce -4.1% 3.48% −0.62
NDAQ Nasdaq Inc. Reduce -1.7% 3.41% −0.53
OMC Omnicom Group Reduce -1.6% 3.22% −0.35
FISV Fiserv Inc. Reduce -5.4% 1.28% −0.34
MSFT Microsoft Corp. Reduce -0.9% 4.50% −0.25
INTU Intuit Inc. Sold out 0.00% −0.21
GLD SPDR Gold Shares Reduce -8.7% 0.53% −0.18
XOM Exxon Mobil Corp. Sold out 0.00% −0.16
LH Labcorp Holdings Inc. Reduce -2.9% 4.47% −0.15
TMO Thermo Fisher Scientific Inc. Reduce -1.3% 2.80% −0.13
CB Chubb Ltd. Reduce -2.7% 2.75% −0.10
JNJ Johnson & Johnson Reduce -10.6% 0.52% −0.07
PEP Pepsico Inc. Reduce -31.6% 0.08% −0.06
PYPL PayPal Holdings Inc. Sold out 0.00% −0.05
WM Waste Management Inc. Reduce -5.3% 0.32% −0.05
WMT Walmart Inc. Reduce -9.9% 0.12% −0.03
DHR Danaher Corp. Reduce -23.9% 0.08% −0.03
XYL Xylem Inc. Reduce -20.9% 0.07% −0.02
PFF iShares Preferred & Income S Reduce -2.0% 0.30% −0.02
PEG Public Service Enterprise GP Reduce -10.5% 0.07% −0.01
RTX RTX Corp. Reduce -1.9% 0.09% −0.01
PGF Invesco Financial Preferred Reduce -1.6% 0.04% −0.00
MRK Merck & Co. Inc. Reduce -2.4% 0.20% −0.00
VOO Vanguard S&P 500 ETF Reduce -9.6% 0.09% −0.00
HD Home Depot Inc. Reduce -1.3% 0.13% +0.00
AVGO Broadcom Inc. Reduce -8.2% 0.08% +0.01
TT Trane Technologies PLC Reduce -6.2% 0.26% +0.01
TFC Truist Financial Corp. Reduce -2.0% 3.30% +0.02
JPM JPMorgan Chase & Co. Reduce -3.2% 1.37% +0.03
SNA Snap-on Inc. Reduce -3.4% 3.49% +0.05
AAPL Apple Inc. Reduce -1.6% 1.30% +0.08
VRTX Vertex Pharmaceuticals Inc. Reduce -2.7% 3.24% +0.08
AMZN Amazon.com Inc. Reduce -2.4% 1.92% +0.11
GS Goldman Sachs Group Inc. Reduce -0.7% 1.32% +0.15
PWR Quanta Services Inc. Reduce -11.7% 3.49% +0.31
UNH Unitedhealth Group Inc. Reduce -13.1% 1.98% +0.42
GOOGL Alphabet Inc. Class A Reduce -3.4% 3.41% +0.42
KEYS Keysight Technologies Inc. Reduce -5.6% 4.87% +0.48
WSM Williams-Sonoma Inc. Reduce -5.1% 5.01% +0.66
CSCO Cisco Systems Inc. Reduce -0.9% 2.42% +0.72
URI United Rentals Inc. Reduce -3.0% 3.39% +1.02
PANW Palo Alto Networks Inc. Reduce -4.3% 2.22% +1.07

Portfolio Buys Q1 2026 → Q2 2026
HONA Honeywell Aerospace Inc. Add +420.3% 1.18% +0.94
HON Honeywell International Inc. Add +420.3% 1.19% +0.71
WAT Waters Corp. Add +7.6% 0.97% +0.22
FENI Fidelity Enhanced Intl ETF Add +4.0% 2.08% +0.13
IBM Intl Business Machines Corp. Add +0.0% 0.71% +0.06
DELL Dell Technologies -C New 0.06% +0.06
BNY Bank of New York Mellon Corp. Add +0.0% 0.44% +0.06
XLK SS Technology Select Sector New 0.05% +0.05
TER Teradyne Inc. New 0.05% +0.05
NVT Nvent Electric PLC Add +0.0% 0.19% +0.05
FTEC Fidelity MSCI Info Tech Indx Add +1.5% 0.20% +0.05
BAC Bank of America Corp. New 0.04% +0.04
SOLS Solstice Adv Materials Inc. New 0.04% +0.04
CAT Caterpillar Inc. New 0.04% +0.04
TXN Texas Instruments Inc. New 0.04% +0.04
FCOM Fidelity MSCI Comm Serv Indx New 0.04% +0.04
IVV iShares Core S&P 500 ETF Add +6.3% 0.26% +0.04
FMDE Fidelity Enhanced Mid Cap Co. Add +5.6% 0.30% +0.03
FESM Fidelity Enhanced Small Cap Add +0.7% 0.16% +0.03
NVDA Nvidia Corp. Add +7.1% 0.18% +0.03
LLY Eli Lilly & Co. Add +0.2% 0.11% +0.02
AMP Ameriprise Financial Inc. Add +22.8% 0.11% +0.02
FIDU Fidelity MSCI Indust Indx Add +2.8% 0.10% +0.01
IJR iShares Core S&P Small-Cap E Add +0.9% 0.08% +0.01
VTI VG Morningstar TS MKT ETF-US Add +10.6% 0.06% +0.01
FHLC Fidelity MSCI Health Care Add +3.3% 0.10% +0.01
FNCL Fidelity MSCI Financial Indx Add +3.3% 0.09% +0.01
FDIS Fidelity MSCI Cons Discr Ind Add +3.3% 0.06% +0.00
ADP Automatic Data Processing Add +0.3% 0.05% +0.00
INSM Insmed Inc. Add +61.7% 1.19% +0.00
BGH Barings GLBL SHRT Dur Hi YLD Add +1.4% 0.06% −0.00
META Meta Platforms Inc. Class A Add +4.2% 0.25% −0.01
COP Conocophillips Add +3.2% 0.05% −0.01
SO The Southern Co. Add +0.0% 0.51% −0.03
CVX Chevron Corp. Add +2.1% 0.12% −0.03
BDX Becton Dickinson and Co. Add +0.4% 1.46% −0.13
WDAY Workday Inc. Class A Add +1.1% 1.73% −0.18
MRSH Marsh & McLennan Cos Add +1.1% 2.25% −0.19
NFLX Netflix Inc. Add +20.4% 1.16% −0.21
BR Broadridge Financial Solutio Add +12.5% 1.90% −0.21
CHKP Check Point Software Tech Add +0.3% 2.95% −0.42

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