Mendel Money Management
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), Mendel Money Management reported 134 stock positions worth $231.3 million. Its top holding was Microsoft (MSFT) at 4.2% of the portfolio, followed by Amazon.com (AMZN, 3.4%) and Thermo Fisher Scientific (TMO, 2.9%). Compared with Q2 2024, it opened 6 new positions, sold out of 3, added to 58 and reduced 54. The biggest buy was a new position in Workday Class A (WDAY) and the biggest sale Honeywell International (HON, shares −70%).
- Most Recent 13F
- Q2 2026
- Location
- NORTHBROOK, IL
- CIK
- 0001600585
- Portfolio Value
- $231.3M (Q3 2024)
- SEC Filing
- 0001085146-24-005406 ↗ filed Nov 7, 2024
Holdings Value
Holdings 134 stocks · $231.3M
| MSFT Microsoft Corp. | 4.23% | 22,734 | $9.8M | Reduce -2.3% |
| AMZN Amazon.com Inc. | 3.37% | 41,879 | $7.8M | Reduce -0.1% |
| TMO Thermo Fisher Scientific Inc. | 2.92% | 10,910 | $6.7M | Reduce -1.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.78% | 29,105 | $6.4M | Reduce -4.5% |
| DHR Danaher Corp. | 2.68% | 22,268 | $6.2M | Add +0.6% |
| GOOG Alphabet Inc. Class C | 2.64% | 36,530 | $6.1M | Reduce -1.3% |
| LOW Lowe's Cos Inc. | 2.53% | 21,566 | $5.8M | Reduce -1.9% |
| V Visa Inc. Class A | 2.50% | 21,068 | $5.8M | Reduce -0.7% |
| PANW Palo Alto Networks Inc. | 2.28% | 15,413 | $5.3M | Reduce -2.6% |
| AME Ametek Inc. | 2.22% | 29,847 | $5.1M | Add +1.1% |
| PEP Pepsico Inc. | 2.18% | 29,617 | $5.0M | Add +0.6% |
| APD Air Products & Chemicals Inc. | 2.17% | 16,871 | $5.0M | Add +0.3% |
| NXPI NXP Semiconductors NV | 2.14% | 20,668 | $5.0M | Add +2.8% |
| ANSS Ansys Inc. | 2.03% | 14,757 | $4.7M | Add +2.5% |
| ACN Accenture PLC Class A | 2.01% | 13,124 | $4.6M | Reduce -0.2% |
| LMT Lockheed Martin Corp. | 1.98% | 7,849 | $4.6M | Reduce -1.2% |
| DE Deere & Co. | 1.90% | 10,556 | $4.4M | Reduce -0.4% |
| LIN Linde PLC | 1.86% | 9,039 | $4.3M | Add +14.5% |
| AAPL Apple Inc. | 1.82% | 18,031 | $4.2M | Reduce -1.0% |
| FMAO Farmers & Merchants Banco | 1.78% | 149,288 | $4.1M | Add +0.7% |
| CCI Crown Castle Inc. | 1.78% | 34,626 | $4.1M | Add +0.8% |
| GXO Gxo Logistics Inc. | 1.63% | 72,361 | $3.8M | Add +2.5% |
| MRVL Marvell Technology Inc. | 1.62% | 51,905 | $3.7M | Add +31.1% |
| LFUS Littelfuse Inc. | 1.57% | 13,720 | $3.6M | Add +3.7% |
| JMBS Janus Henderson Mortg Backed | 1.42% | 70,455 | $3.3M | Add +18.2% |
| GOOGL Alphabet Inc. Class A | 1.31% | 18,324 | $3.0M | Add +1.9% |
| DLR Digital Realty Trust Inc. | 1.28% | 18,329 | $3.0M | Reduce -14.6% |
| WDAY Workday Inc. Class A | 1.24% | 11,703 | $2.9M | New |
| AVGO Broadcom Inc. | 1.09% | 14,610 | $2.5M | Reduce -1.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.09% | 26,139 | $2.5M | Reduce -5.5% |
| FMC FMC Corp. | 1.06% | 37,274 | $2.5M | Reduce -6.4% |
| ABBV Abbvie Inc. | 0.98% | 11,515 | $2.3M | Reduce -11.9% |
| ULS Ul Solutions Inc. Class A | 0.96% | 45,115 | $2.2M | Add +81.5% |
| JAAA Janus Henderson Aaa Clo ETF | 0.92% | 41,762 | $2.1M | Add +14.3% |
| CSV Carriage Services Inc. | 0.91% | 64,448 | $2.1M | Add +2.6% |
| CARY Angel Oak Income ETF | 0.81% | 88,259 | $1.9M | Add +53.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.79% | 46,262 | $1.8M | Reduce -0.7% |
| CVX Chevron Corp. | 0.79% | 12,442 | $1.8M | Reduce -1.8% |
| KEYS Keysight Technologies Inc. | 0.79% | 11,525 | $1.8M | New |
| UNH Unitedhealth Group Inc. | 0.78% | 3,080 | $1.8M | Reduce -3.5% |
| UNP Union Pacific Corp. | 0.73% | 6,881 | $1.7M | Add +1.4% |
| DGRO iShares Core Dividend Growth | 0.73% | 27,018 | $1.7M | Add +2.2% |
| JPM JPMorgan Chase & Co. | 0.73% | 8,019 | $1.7M | Reduce -6.7% |
| LLY Eli Lilly & Co. | 0.71% | 1,856 | $1.6M | Reduce -7.6% |
| AMGN Amgen Inc. | 0.63% | 4,537 | $1.5M | Reduce -5.2% |
| MCD McDonald's Corp. | 0.62% | 4,708 | $1.4M | Reduce -7.3% |
| HON Honeywell International Inc. | 0.61% | 6,873 | $1.4M | Reduce -70.1% |
| LKQ LKQ Corp. | 0.60% | 34,811 | $1.4M | Reduce -34.9% |
| OBIL F/M US Treasury 12 Month Bil | 0.60% | 27,521 | $1.4M | New |
| ANET Arista Networks Inc. | 0.59% | 3,567 | $1.4M | Reduce -6.8% |
| MOAT Vaneck Morningstar Wide Moat | 0.59% | 14,092 | $1.4M | Add +366.0% |
| HD Home Depot Inc. | 0.54% | 3,101 | $1.3M | Reduce -0.0% |
| CGNG Cap Group New Geography Eq filed as CAPITAL GROUP NEW GEOGRAPHY | 0.53% | 45,968 | $1.2M | New |
| RTX RTX Corp. | 0.53% | 10,043 | $1.2M | Reduce -1.0% |
| PH Parker Hannifin Corp. | 0.52% | 1,912 | $1.2M | Reduce -1.2% |
| CAT Caterpillar Inc. | 0.50% | 2,962 | $1.2M | Reduce -11.9% |
| MA Mastercard Inc. Class A | 0.49% | 2,302 | $1.1M | Add +0.1% |
| JNJ Johnson & Johnson | 0.47% | 6,710 | $1.1M | Reduce -20.8% |
| COST Costco Wholesale Corp. | 0.47% | 1,215 | $1.1M | Add +10.2% |
| CVS CVS Health Corp. | 0.46% | 16,847 | $1.1M | Reduce -7.7% |
| USFR Wisdomtree Floating Rate Tre | 0.46% | 21,031 | $1.1M | Reduce -54.5% |
| ISRG Intuitive Surgical Inc. | 0.45% | 2,100 | $1.0M | Add +3.9% |
| PKG Packaging Corp. of America | 0.42% | 4,475 | $964K | No change |
| JQUA JPMorgan US Quality Factor | 0.41% | 16,702 | $945K | Add +25.9% |
| PNC PNC Financial Services Group | 0.40% | 5,059 | $935K | Add +0.1% |
| MRK Merck & Co. Inc. | 0.40% | 8,098 | $920K | Reduce -0.1% |
| SO The Southern Co. | 0.40% | 10,191 | $919K | No change |
| CSCO Cisco Systems Inc. | 0.38% | 16,483 | $877K | Reduce -2.6% |
| GD General Dynamics Corp. | 0.37% | 2,869 | $867K | Reduce -0.2% |
| GILD Gilead Sciences Inc. | 0.37% | 10,245 | $859K | Add +0.5% |
| TGT Target Corp. | 0.35% | 5,237 | $816K | Add +0.0% |
| UPS United Parcel Service Class B | 0.35% | 5,961 | $813K | Add +1.1% |
| ITW Illinois Tool Works | 0.35% | 3,065 | $803K | No change |
| LHX L3HARRIS Technologies Inc. | 0.34% | 3,346 | $796K | Reduce -0.3% |
| FANG Diamondback Energy Inc. | 0.33% | 4,412 | $761K | Add +0.2% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.32% | 19,157 | $750K | Add +10.9% |
| ROK Rockwell Automation Inc. | 0.31% | 2,676 | $718K | Add +0.6% |
| SRE Sempra | 0.30% | 8,354 | $699K | Add +0.3% |
| SBUX Starbucks Corp. | 0.30% | 7,074 | $690K | Reduce -2.0% |
| YELP Yelp Inc. | 0.30% | 19,513 | $685K | Add +4.9% |
| AEP American Electric Power | 0.29% | 6,440 | $661K | Add +0.9% |
| TRV The Travelers Cos Inc. | 0.28% | 2,815 | $659K | Reduce -1.8% |
| NTNX Nutanix Inc. Class A | 0.28% | 10,760 | $638K | No change |
| ETR Entergy Corp. | 0.27% | 4,832 | $636K | Add +0.0% |
| ABT Abbott Laboratories | 0.27% | 5,538 | $631K | Reduce -26.6% |
| PEG Public Service Enterprise GP | 0.26% | 6,800 | $607K | No change |
| GPC Genuine Parts Co. | 0.26% | 4,320 | $603K | Add +0.7% |
| BMY Bristol-Myers Squibb Co. | 0.26% | 11,496 | $595K | Add +5.3% |
| NSC Norfolk Southern Corp. | 0.25% | 2,362 | $587K | Reduce -0.6% |
| WM Waste Management Inc. | 0.25% | 2,820 | $585K | Add +1.1% |
| PLD Prologis Inc. | 0.25% | 4,530 | $572K | Add +4.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.24% | 983 | $564K | Reduce -2.1% |
| BDX Becton Dickinson and Co. | 0.23% | 2,246 | $542K | Add +3.2% |
| PAYX Paychex Inc. | 0.23% | 4,021 | $540K | Reduce -2.4% |
| TDY Teledyne Technologies Inc. | 0.23% | 1,232 | $539K | Add +11.6% |
| PFE Pfizer Inc. | 0.23% | 18,487 | $535K | Add +3.5% |
| ROP Roper Technologies Inc. | 0.23% | 961 | $535K | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 1,146 | $527K | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.23% | 5,714 | $522K | Add +7.1% |
| VNQ Vanguard Real Estate ETF | 0.21% | 5,082 | $495K | Add +34.5% |
Portfolio Sells Q2 2024 → Q3 2024
| HON Honeywell International Inc. | Reduce -70.1% | 0.61% | −1.69 |
| MSFT Microsoft Corp. | Reduce -2.3% | 4.23% | −0.64 |
| USFR Wisdomtree Floating Rate Tre | Reduce -54.5% | 0.46% | −0.63 |
| GOOG Alphabet Inc. Class C | Reduce -1.3% | 2.64% | −0.54 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Sold out | 0.00% | −0.50 |
| LKQ LKQ Corp. | Reduce -34.9% | 0.60% | −0.44 |
| AMZN Amazon.com Inc. | Reduce -0.1% | 3.37% | −0.42 |
| DLR Digital Realty Trust Inc. | Reduce -14.6% | 1.28% | −0.25 |
| PANW Palo Alto Networks Inc. | Reduce -2.6% | 2.28% | −0.23 |
| DIS The Walt Disney Co. | Reduce -5.5% | 1.09% | −0.20 |
| LLY Eli Lilly & Co. | Reduce -7.6% | 0.71% | −0.14 |
| CVX Chevron Corp. | Reduce -1.8% | 0.79% | −0.14 |
| JNJ Johnson & Johnson | Reduce -20.8% | 0.47% | −0.11 |
| V Visa Inc. Class A | Reduce -0.7% | 2.50% | −0.10 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.10 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.10 |
| ABT Abbott Laboratories | Reduce -26.6% | 0.27% | −0.09 |
| JPM JPMorgan Chase & Co. | Reduce -6.7% | 0.73% | −0.08 |
| BAC Bank of America Corp. | Reduce -0.7% | 0.79% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -0.1% | 0.40% | −0.07 |
| AMGN Amgen Inc. | Reduce -5.2% | 0.63% | −0.07 |
| ABBV Abbvie Inc. | Reduce -11.9% | 0.98% | −0.07 |
| CVS CVS Health Corp. | Reduce -7.7% | 0.46% | −0.05 |
| JPSE JPM Diversified RT Small Cap | Reduce -21.8% | 0.17% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -23.8% | 0.13% | −0.04 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -15.6% | 0.16% | −0.04 |
| ANET Arista Networks Inc. | Reduce -6.8% | 0.59% | −0.04 |
| AVGO Broadcom Inc. | Reduce -1.7% | 1.09% | −0.03 |
| CAT Caterpillar Inc. | Reduce -11.9% | 0.50% | −0.02 |
| JPST JPMorgan Ultra-Short Income | Reduce -2.1% | 0.17% | −0.02 |
| GD General Dynamics Corp. | Reduce -0.2% | 0.37% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.1% | 0.24% | −0.01 |
| MBBB Vaneck Moody's Analytics BBB | Reduce -1.9% | 0.21% | −0.01 |
| FMC FMC Corp. | Reduce -6.4% | 1.06% | −0.01 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.3% | 0.34% | −0.01 |
| JPIN JPM Diversified Ret Intl Eq | Reduce -0.0% | 0.15% | +0.00 |
| TFC Truist Financial Corp. | Reduce -1.1% | 0.11% | +0.00 |
| CSCO Cisco Systems Inc. | Reduce -2.6% | 0.38% | +0.00 |
| CB Chubb Ltd. | Reduce -0.6% | 0.11% | +0.00 |
| PAYX Paychex Inc. | Reduce -2.4% | 0.23% | +0.00 |
| GWW WW Grainger Inc. | Reduce -1.2% | 0.18% | +0.01 |
| TRV The Travelers Cos Inc. | Reduce -1.8% | 0.28% | +0.01 |
| MCD McDonald's Corp. | Reduce -7.3% | 0.62% | +0.01 |
| NSC Norfolk Southern Corp. | Reduce -0.6% | 0.25% | +0.01 |
| UNH Unitedhealth Group Inc. | Reduce -3.5% | 0.78% | +0.02 |
| AAPL Apple Inc. | Reduce -1.0% | 1.82% | +0.02 |
| PYPL PayPal Holdings Inc. | Reduce -0.9% | 0.18% | +0.03 |
| SBUX Starbucks Corp. | Reduce -2.0% | 0.30% | +0.04 |
| HD Home Depot Inc. | Reduce -0.0% | 0.54% | +0.04 |
| RTX RTX Corp. | Reduce -1.0% | 0.53% | +0.05 |
Portfolio Buys Q2 2024 → Q3 2024
| WDAY Workday Inc. Class A | New | 1.24% | +1.24 |
| KEYS Keysight Technologies Inc. | New | 0.79% | +0.79 |
| OBIL F/M US Treasury 12 Month Bil | New | 0.60% | +0.60 |
| CGNG Cap Group New Geography Eq | New | 0.53% | +0.53 |
| ULS Ul Solutions Inc. Class A | Add +81.5% | 0.96% | +0.47 |
| MOAT Vaneck Morningstar Wide Moat | Add +366.0% | 0.59% | +0.47 |
| MRVL Marvell Technology Inc. | Add +31.1% | 1.62% | +0.32 |
| CARY Angel Oak Income ETF | Add +53.1% | 0.81% | +0.25 |
| LIN Linde PLC | Add +14.5% | 1.86% | +0.24 |
| CCI Crown Castle Inc. | Add +0.8% | 1.78% | +0.20 |
| JMBS Janus Henderson Mortg Backed | Add +18.2% | 1.42% | +0.17 |
| FMAO Farmers & Merchants Banco | Add +0.7% | 1.78% | +0.17 |
| AON Aon PLC Class A | New | 0.17% | +0.17 |
| APD Air Products & Chemicals Inc. | Add +0.3% | 2.17% | +0.14 |
| CSV Carriage Services Inc. | Add +2.6% | 0.91% | +0.13 |
| CLX Clorox Company | New | 0.10% | +0.10 |
| DHR Danaher Corp. | Add +0.6% | 2.68% | +0.09 |
| JQUA JPMorgan US Quality Factor | Add +25.9% | 0.41% | +0.08 |
| VNQ Vanguard Real Estate ETF | Add +34.5% | 0.21% | +0.07 |
| JAAA Janus Henderson Aaa Clo ETF | Add +14.3% | 0.92% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +5.3% | 0.26% | +0.04 |
| GILD Gilead Sciences Inc. | Add +0.5% | 0.37% | +0.04 |
| VFC VF Corp. | Add +9.5% | 0.13% | +0.04 |
| PNC PNC Financial Services Group | Add +0.1% | 0.40% | +0.04 |
| GNRC Generac Holdings Inc. | Add +9.5% | 0.20% | +0.04 |
| FTNT Fortinet Inc. | Add +6.9% | 0.16% | +0.03 |
| ETR Entergy Corp. | Add +0.0% | 0.27% | +0.03 |
| TDY Teledyne Technologies Inc. | Add +11.6% | 0.23% | +0.03 |
| COST Costco Wholesale Corp. | Add +10.2% | 0.47% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +3.9% | 0.45% | +0.02 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Add +10.9% | 0.32% | +0.02 |
| KTB Kontoor Brands Inc. | Add +2.1% | 0.17% | +0.02 |
| AEP American Electric Power | Add +0.9% | 0.29% | +0.02 |
| DGRO iShares Core Dividend Growth | Add +2.2% | 0.73% | +0.02 |
| PLD Prologis Inc. | Add +4.5% | 0.25% | +0.02 |
| MA Mastercard Inc. Class A | Add +0.1% | 0.49% | +0.02 |
| USMV iShares MSCI USA Min Vol Fac | Add +7.1% | 0.23% | +0.02 |
| UNP Union Pacific Corp. | Add +1.4% | 0.73% | +0.01 |
| VLTO Veralto Corp. | Add +6.4% | 0.11% | +0.01 |
| GIS General Mills Inc. | Add +6.5% | 0.11% | +0.01 |
| SJM The JM Smucker Co. | Add +0.7% | 0.20% | +0.01 |
| SRE Sempra | Add +0.3% | 0.30% | +0.01 |
| CRM Salesforce Inc. | Add +2.6% | 0.13% | +0.00 |
| PFE Pfizer Inc. | Add +3.5% | 0.23% | −0.00 |
| SYK Stryker Corp. | Add +0.4% | 0.21% | −0.00 |
| BDX Becton Dickinson and Co. | Add +3.2% | 0.23% | −0.00 |
| WTRG Essential Utilities Inc. | Add +0.1% | 0.15% | −0.01 |
| TGT Target Corp. | Add +0.0% | 0.35% | −0.01 |
| LFUS Littelfuse Inc. | Add +3.7% | 1.57% | −0.01 |
| GPC Genuine Parts Co. | Add +0.7% | 0.26% | −0.02 |
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 |