Mendel Money Management
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 2, 2024), Mendel Money Management reported 129 stock positions worth $216.2 million. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Amazon.com (AMZN, 3.5%) and Thermo Fisher Scientific (TMO, 3.0%). Compared with Q4 2023, it opened 5 new positions, sold out of 4, added to 67 and reduced 49. The biggest buy was Air Products & Chemicals (APD, shares +197%) and the biggest sale FedEx (FDX, shares −77%).
- Most Recent 13F
- Q2 2026
- Location
- NORTHBROOK, IL
- CIK
- 0001600585
- Portfolio Value
- $216.2M (Q1 2024)
- SEC Filing
- 0001085146-24-002167 ↗ filed May 2, 2024
Holdings Value
Holdings 129 stocks · $216.2M
| MSFT Microsoft Corp. | 4.76% | 24,463 | $10.3M | Reduce -8.9% |
| AMZN Amazon.com Inc. | 3.53% | 42,269 | $7.6M | Reduce -4.6% |
| TMO Thermo Fisher Scientific Inc. | 3.03% | 11,264 | $6.5M | Reduce -6.3% |
| V Visa Inc. Class A | 2.78% | 21,522 | $6.0M | Reduce -5.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.75% | 31,179 | $6.0M | Reduce -10.4% |
| GOOG Alphabet Inc. Class C | 2.70% | 38,328 | $5.8M | Reduce -2.6% |
| DHR Danaher Corp. | 2.63% | 22,774 | $5.7M | Reduce -4.3% |
| LOW Lowe's Cos Inc. | 2.61% | 22,177 | $5.6M | Reduce -7.7% |
| AME Ametek Inc. | 2.52% | 29,748 | $5.4M | Reduce -7.8% |
| PEP Pepsico Inc. | 2.42% | 29,841 | $5.2M | Reduce -2.8% |
| NXPI NXP Semiconductors NV | 2.36% | 20,614 | $5.1M | Reduce -6.7% |
| ANSS Ansys Inc. | 2.33% | 14,534 | $5.0M | Reduce -3.9% |
| HON Honeywell International Inc. | 2.26% | 23,824 | $4.9M | Reduce -3.8% |
| PANW Palo Alto Networks Inc. | 2.09% | 15,881 | $4.5M | Reduce -7.7% |
| ACN Accenture PLC Class A | 2.08% | 12,998 | $4.5M | Reduce -6.2% |
| DE Deere & Co. | 2.06% | 10,837 | $4.5M | Reduce -3.1% |
| APD Air Products & Chemicals Inc. | 1.86% | 16,588 | $4.0M | Add +197.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.83% | 32,361 | $4.0M | Reduce -1.9% |
| LMT Lockheed Martin Corp. | 1.79% | 8,511 | $3.9M | Reduce -2.5% |
| DLR Digital Realty Trust Inc. | 1.75% | 26,230 | $3.8M | Add +0.9% |
| LIN Linde PLC | 1.68% | 7,838 | $3.6M | Reduce -34.3% |
| GXO Gxo Logistics Inc. | 1.61% | 64,843 | $3.5M | Add +4.0% |
| CCI Crown Castle Inc. | 1.60% | 32,685 | $3.5M | Add +6.8% |
| FMAO Farmers & Merchants Banco | 1.49% | 144,753 | $3.2M | Add +39.4% |
| AAPL Apple Inc. | 1.46% | 18,401 | $3.2M | Add +0.3% |
| JMBS Janus Henderson Mortg Backed | 1.46% | 69,883 | $3.2M | Add +11.7% |
| LFUS Littelfuse Inc. | 1.40% | 12,528 | $3.0M | Add +25.1% |
| MRVL Marvell Technology Inc. | 1.27% | 38,747 | $2.7M | Add +4.5% |
| GOOGL Alphabet Inc. Class A | 1.23% | 17,614 | $2.7M | Add +6.3% |
| FMC FMC Corp. | 1.19% | 40,517 | $2.6M | Add +4.9% |
| USFR Wisdomtree Floating Rate Tre | 1.18% | 50,533 | $2.5M | Add +11.9% |
| LKQ LKQ Corp. | 1.17% | 47,554 | $2.5M | Add +7.2% |
| ABBV Abbvie Inc. | 1.12% | 13,283 | $2.4M | Reduce -2.9% |
| JPM JPMorgan Chase & Co. | 0.99% | 10,646 | $2.1M | Reduce -1.6% |
| CVX Chevron Corp. | 0.95% | 12,991 | $2.0M | Reduce -0.9% |
| AVGO Broadcom Inc. | 0.93% | 1,514 | $2.0M | Reduce -12.7% |
| JNJ Johnson & Johnson | 0.86% | 11,813 | $1.9M | Add +6.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.85% | 48,442 | $1.8M | Reduce -11.9% |
| CSV Carriage Services Inc. | 0.75% | 60,034 | $1.6M | Reduce -12.5% |
| DGRO iShares Core Dividend Growth | 0.73% | 27,045 | $1.6M | Reduce -5.9% |
| LLY Eli Lilly & Co. | 0.73% | 2,015 | $1.6M | Reduce -6.1% |
| CVS CVS Health Corp. | 0.72% | 19,566 | $1.6M | Add +2.2% |
| UNP Union Pacific Corp. | 0.69% | 6,046 | $1.5M | Add +4.5% |
| UNH Unitedhealth Group Inc. | 0.66% | 2,874 | $1.4M | Add +34.2% |
| MCD McDonald's Corp. | 0.63% | 4,805 | $1.4M | Reduce -0.2% |
| AMGN Amgen Inc. | 0.62% | 4,733 | $1.3M | Reduce -1.4% |
| JAAA Janus Henderson Aaa Clo ETF | 0.59% | 25,067 | $1.3M | Add +57.9% |
| CAT Caterpillar Inc. | 0.56% | 3,277 | $1.2M | Add +0.3% |
| ANET Arista Networks Inc. | 0.53% | 3,985 | $1.2M | Reduce -5.5% |
| MA Mastercard Inc. Class A | 0.53% | 2,364 | $1.1M | Add +0.2% |
| HD Home Depot Inc. | 0.52% | 2,927 | $1.1M | Add +1.1% |
| PH Parker Hannifin Corp. | 0.51% | 1,970 | $1.1M | Add +0.7% |
| MRK Merck & Co. Inc. | 0.50% | 8,176 | $1.1M | Reduce -1.2% |
| RTX RTX Corp. | 0.46% | 10,206 | $995K | Add +21.1% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 0.46% | 33,632 | $991K | Add +14.1% |
| FDX FedEx Corp. | 0.44% | 3,297 | $955K | Reduce -76.6% |
| UPS United Parcel Service Class B | 0.43% | 6,211 | $923K | Add +9.1% |
| TGT Target Corp. | 0.42% | 5,184 | $919K | Reduce -0.9% |
| ABT Abbott Laboratories | 0.42% | 7,899 | $898K | Reduce -1.6% |
| FANG Diamondback Energy Inc. | 0.40% | 4,383 | $869K | Add +5.0% |
| PKG Packaging Corp. of America | 0.39% | 4,450 | $845K | Add +1.2% |
| ITW Illinois Tool Works | 0.38% | 3,065 | $822K | Reduce -30.2% |
| GD General Dynamics Corp. | 0.38% | 2,898 | $819K | Reduce -0.3% |
| CSCO Cisco Systems Inc. | 0.38% | 16,288 | $813K | Add +8.5% |
| PNC PNC Financial Services Group | 0.37% | 4,958 | $801K | Add +4.3% |
| ISRG Intuitive Surgical Inc. | 0.37% | 2,007 | $801K | Add +0.6% |
| ROK Rockwell Automation Inc. | 0.35% | 2,633 | $767K | Add +2.3% |
| LHX L3HARRIS Technologies Inc. | 0.35% | 3,505 | $747K | Reduce -9.8% |
| SBUX Starbucks Corp. | 0.34% | 8,002 | $731K | Add +10.3% |
| COST Costco Wholesale Corp. | 0.34% | 997 | $730K | Add +0.5% |
| GILD Gilead Sciences Inc. | 0.34% | 9,970 | $730K | Add +1.8% |
| SO The Southern Co. | 0.34% | 10,101 | $725K | Add +4.3% |
| NTNX Nutanix Inc. Class A | 0.31% | 10,960 | $676K | Reduce -2.2% |
| JQUA JPMorgan US Quality Factor | 0.31% | 12,621 | $667K | Add +14.7% |
| GPC Genuine Parts Co. | 0.31% | 4,285 | $664K | Add +1.2% |
| TRV The Travelers Cos Inc. | 0.30% | 2,865 | $659K | Reduce -0.9% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.30% | 16,963 | $646K | Add +6.0% |
| SRE Sempra | 0.28% | 8,428 | $605K | Add +11.7% |
| NSC Norfolk Southern Corp. | 0.27% | 2,315 | $590K | Add +2.2% |
| PLD Prologis Inc. | 0.26% | 4,395 | $572K | Add +3.8% |
| WM Waste Management Inc. | 0.26% | 2,670 | $569K | Add +0.5% |
| BMY Bristol-Myers Squibb Co. | 0.26% | 10,232 | $555K | Add +12.3% |
| AEP American Electric Power | 0.25% | 6,357 | $547K | Add +7.9% |
| MBBB Vaneck Moody's Analytics BBB | 0.25% | 25,559 | $544K | Add +30.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.25% | 1,028 | $538K | Add +29.0% |
| PFE Pfizer Inc. | 0.24% | 18,432 | $511K | Add +45.7% |
| BDX Becton Dickinson and Co. | 0.24% | 2,058 | $509K | Add +13.3% |
| ETR Entergy Corp. | 0.23% | 4,799 | $507K | Add +8.6% |
| ROP Roper Technologies Inc. | 0.23% | 904 | $507K | Add +2.8% |
| PAYX Paychex Inc. | 0.23% | 4,121 | $506K | Add +3.2% |
| SYK Stryker Corp. | 0.22% | 1,350 | $483K | Add +5.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 1,146 | $482K | Reduce -4.1% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.22% | 3,755 | $473K | Add +11.7% |
| TDY Teledyne Technologies Inc. | 0.21% | 1,059 | $455K | Add +14.2% |
| JPSE JPM Diversified RT Small Cap filed as J P MORGAN EXCHANGE TRADED F | 0.21% | 10,035 | $454K | Add +4.1% |
| PEG Public Service Enterprise GP | 0.21% | 6,670 | $445K | Add +32.2% |
| VZ Verizon Communications Inc. | 0.20% | 10,516 | $441K | Reduce -2.8% |
| VRIG Invesco Variable Rate Invest | 0.20% | 17,420 | $437K | Reduce -7.9% |
| IVW iShares S&P 500 Growth ETF | 0.20% | 5,160 | $436K | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.20% | 5,144 | $430K | Add +1.0% |
Portfolio Sells Q4 2023 → Q1 2024
| FDX FedEx Corp. | Reduce -76.6% | 0.44% | −1.27 |
| LIN Linde PLC | Reduce -34.3% | 1.68% | −0.67 |
| PANW Palo Alto Networks Inc. | Reduce -7.7% | 2.09% | −0.35 |
| ANSS Ansys Inc. | Reduce -3.9% | 2.33% | −0.30 |
| VNLA Janus Henderson Short Durati | Reduce -70.8% | 0.10% | −0.26 |
| ACN Accenture PLC Class A | Reduce -6.2% | 2.08% | −0.25 |
| HON Honeywell International Inc. | Reduce -3.8% | 2.26% | −0.23 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.23 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.20 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.20 |
| ITW Illinois Tool Works | Reduce -30.2% | 0.38% | −0.17 |
| MBB iShares MBS ETF | Sold out | 0.00% | −0.17 |
| LMT Lockheed Martin Corp. | Reduce -2.5% | 1.79% | −0.11 |
| VLTO Veralto Corp. | Reduce -46.9% | 0.11% | −0.09 |
| DE Deere & Co. | Reduce -3.1% | 2.06% | −0.09 |
| MSFT Microsoft Corp. | Reduce -8.9% | 4.76% | −0.09 |
| PEP Pepsico Inc. | Reduce -2.8% | 2.42% | −0.09 |
| NXPI NXP Semiconductors NV | Reduce -6.7% | 2.36% | −0.08 |
| CSV Carriage Services Inc. | Reduce -12.5% | 0.75% | −0.07 |
| MCD McDonald's Corp. | Reduce -0.2% | 0.63% | −0.06 |
| V Visa Inc. Class A | Reduce -5.0% | 2.78% | −0.06 |
| VNQ Vanguard Real Estate ETF | Reduce -19.7% | 0.16% | −0.05 |
| LHX L3HARRIS Technologies Inc. | Reduce -9.8% | 0.35% | −0.05 |
| JPIN JPM Diversified Ret Intl Eq | Reduce -21.8% | 0.16% | −0.05 |
| AMGN Amgen Inc. | Reduce -1.4% | 0.62% | −0.04 |
| AME Ametek Inc. | Reduce -7.8% | 2.52% | −0.04 |
| BAC Bank of America Corp. | Reduce -11.9% | 0.85% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -6.3% | 3.03% | −0.04 |
| VRIG Invesco Variable Rate Invest | Reduce -7.9% | 0.20% | −0.03 |
| DGRO iShares Core Dividend Growth | Reduce -5.9% | 0.73% | −0.02 |
| DHR Danaher Corp. | Reduce -4.3% | 2.63% | −0.01 |
| ABT Abbott Laboratories | Reduce -1.6% | 0.42% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -15.5% | 0.11% | −0.01 |
| AVGO Broadcom Inc. | Reduce -12.7% | 0.93% | −0.00 |
| CB Chubb Ltd. | Reduce -8.3% | 0.11% | +0.00 |
| VZ Verizon Communications Inc. | Reduce -2.8% | 0.20% | +0.01 |
| CVX Chevron Corp. | Reduce -0.9% | 0.95% | +0.01 |
| GD General Dynamics Corp. | Reduce -0.3% | 0.38% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.1% | 0.22% | +0.02 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -2.7% | 0.19% | +0.02 |
| IBM Intl Business Machines Corp. | Reduce -10.4% | 2.75% | +0.02 |
| GOOG Alphabet Inc. Class C | Reduce -2.6% | 2.70% | +0.03 |
| TRV The Travelers Cos Inc. | Reduce -0.9% | 0.30% | +0.04 |
| LOW Lowe's Cos Inc. | Reduce -7.7% | 2.61% | +0.04 |
| NTNX Nutanix Inc. Class A | Reduce -2.2% | 0.31% | +0.06 |
| ANET Arista Networks Inc. | Reduce -5.5% | 0.53% | +0.06 |
| MRK Merck & Co. Inc. | Reduce -1.2% | 0.50% | +0.07 |
| TGT Target Corp. | Reduce -0.9% | 0.42% | +0.07 |
| ABBV Abbvie Inc. | Reduce -2.9% | 1.12% | +0.10 |
| JPM JPMorgan Chase & Co. | Reduce -1.6% | 0.99% | +0.10 |
Portfolio Buys Q4 2023 → Q1 2024
| APD Air Products & Chemicals Inc. | Add +197.3% | 1.86% | +1.13 |
| FMAO Farmers & Merchants Banco | Add +39.4% | 1.49% | +0.26 |
| JAAA Janus Henderson Aaa Clo ETF | Add +57.9% | 0.59% | +0.20 |
| MRVL Marvell Technology Inc. | Add +4.5% | 1.27% | +0.20 |
| LKQ LKQ Corp. | Add +7.2% | 1.17% | +0.16 |
| NVDA Nvidia Corp. | New | 0.12% | +0.12 |
| RTX RTX Corp. | Add +21.1% | 0.46% | +0.12 |
| GOOGL Alphabet Inc. Class A | Add +6.3% | 1.23% | +0.12 |
| LFUS Littelfuse Inc. | Add +25.1% | 1.40% | +0.12 |
| UNH Unitedhealth Group Inc. | Add +34.2% | 0.66% | +0.12 |
| MOAT Vaneck Morningstar Wide Moat | New | 0.11% | +0.11 |
| FTV Fortive Corp. | New | 0.11% | +0.11 |
| FTNT Fortinet Inc. | New | 0.10% | +0.10 |
| CAT Caterpillar Inc. | Add +0.3% | 0.56% | +0.09 |
| FANG Diamondback Energy Inc. | Add +5.0% | 0.40% | +0.09 |
| USFR Wisdomtree Floating Rate Tre | Add +11.9% | 1.18% | +0.09 |
| VFC VF Corp. | New | 0.08% | +0.08 |
| JMBS Janus Henderson Mortg Backed | Add +11.7% | 1.46% | +0.08 |
| PH Parker Hannifin Corp. | Add +0.7% | 0.51% | +0.07 |
| DLR Digital Realty Trust Inc. | Add +0.9% | 1.75% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +29.0% | 0.25% | +0.07 |
| PFE Pfizer Inc. | Add +45.7% | 0.24% | +0.06 |
| PEG Public Service Enterprise GP | Add +32.2% | 0.21% | +0.06 |
| JQUA JPMorgan US Quality Factor | Add +14.7% | 0.31% | +0.06 |
| GNRC Generac Holdings Inc. | Add +63.8% | 0.15% | +0.05 |
| PYPL PayPal Holdings Inc. | Add +36.0% | 0.17% | +0.05 |
| MBBB Vaneck Moody's Analytics BBB | Add +30.9% | 0.25% | +0.05 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Add +14.1% | 0.46% | +0.05 |
| ISRG Intuitive Surgical Inc. | Add +0.6% | 0.37% | +0.05 |
| PKG Packaging Corp. of America | Add +1.2% | 0.39% | +0.05 |
| MA Mastercard Inc. Class A | Add +0.2% | 0.53% | +0.04 |
| SYK Stryker Corp. | Add +5.9% | 0.22% | +0.04 |
| HD Home Depot Inc. | Add +1.1% | 0.52% | +0.04 |
| WM Waste Management Inc. | Add +0.5% | 0.26% | +0.03 |
| CRM Salesforce Inc. | Add +22.1% | 0.13% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +12.3% | 0.26% | +0.03 |
| JNJ Johnson & Johnson | Add +6.9% | 0.86% | +0.03 |
| KTB Kontoor Brands Inc. | Add +35.4% | 0.13% | +0.03 |
| GPC Genuine Parts Co. | Add +1.2% | 0.31% | +0.03 |
| FMC FMC Corp. | Add +4.9% | 1.19% | +0.02 |
| AEP American Electric Power | Add +7.9% | 0.25% | +0.02 |
| COST Costco Wholesale Corp. | Add +0.5% | 0.34% | +0.02 |
| BDX Becton Dickinson and Co. | Add +13.3% | 0.24% | +0.02 |
| ETR Entergy Corp. | Add +8.6% | 0.23% | +0.02 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Add +6.0% | 0.30% | +0.02 |
| PNC PNC Financial Services Group | Add +4.3% | 0.37% | +0.02 |
| NSC Norfolk Southern Corp. | Add +2.2% | 0.27% | +0.02 |
| SJM The JM Smucker Co. | Add +11.7% | 0.22% | +0.01 |
| NOC Northrop Grumman Corp. | Add +11.2% | 0.16% | +0.01 |
| CSCO Cisco Systems Inc. | Add +8.5% | 0.38% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 127 | $273.1M | PANW, MSFT, AMZN, GOOG, GEV |
| Q1 2026 | 137 | $239.0M | MSFT, AMZN, GOOG, TMO, RTX |
| Q4 2025 | 147 | $238.9M | MSFT, AMZN, GOOG, TMO, V |
| Q3 2025 | 150 | $237.8M | MSFT, AMZN, GOOG, V, IBM |
| Q2 2025 | 142 | $225.8M | MSFT, AMZN, V, IBM, GOOG |
| Q1 2025 | 136 | $211.1M | MSFT, AMZN, V, IBM, TMO |
| Q4 2024 | 137 | $224.0M | MSFT, AMZN, GOOG, V, IBM |
| Q3 2024 | 134 | $231.3M | MSFT, AMZN, TMO, IBM, DHR |
| Q2 2024 | 131 | $213.6M | MSFT, AMZN, GOOG, TMO, V |
| Q1 2024 | 129 | $216.2M | MSFT, AMZN, TMO, V, IBM |