Mendel Money Management
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Mendel Money Management reported 137 stock positions worth $224.0 million. Its top holding was Microsoft (MSFT) at 4.2% of the portfolio, followed by Amazon.com (AMZN, 4.0%) and Alphabet Class C (GOOG, 3.0%). Compared with Q3 2024, it opened 6 new positions, sold out of 3, added to 40 and reduced 74. The biggest buy was Keysight Technologies (KEYS, shares +38%) and the biggest sale an exit from LKQ (LKQ).
- Most Recent 13F
- Q2 2026
- Location
- NORTHBROOK, IL
- CIK
- 0001600585
- Portfolio Value
- $224.0M (Q4 2024)
- SEC Filing
- 0001085146-25-001016 ↗ filed Feb 12, 2025
Holdings Value
Holdings 137 stocks · $224.0M
| MSFT Microsoft Corp. | 4.17% | 22,167 | $9.3M | Reduce -2.5% |
| AMZN Amazon.com Inc. | 3.97% | 40,561 | $8.9M | Reduce -3.1% |
| GOOG Alphabet Inc. Class C | 2.96% | 34,805 | $6.6M | Reduce -4.7% |
| V Visa Inc. Class A | 2.84% | 20,101 | $6.4M | Reduce -4.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.66% | 27,112 | $6.0M | Reduce -6.8% |
| TMO Thermo Fisher Scientific Inc. | 2.50% | 10,782 | $5.6M | Reduce -1.2% |
| MRVL Marvell Technology Inc. | 2.36% | 47,950 | $5.3M | Reduce -7.6% |
| PANW Palo Alto Networks Inc. | 2.33% | 28,631 | $5.2M | Reduce -7.1% |
| DHR Danaher Corp. | 2.30% | 22,447 | $5.2M | Add +0.8% |
| AME Ametek Inc. | 2.28% | 28,297 | $5.1M | Reduce -5.2% |
| LOW Lowe's Cos Inc. | 2.26% | 20,551 | $5.1M | Reduce -4.7% |
| ANSS Ansys Inc. | 2.17% | 14,396 | $4.9M | Reduce -2.5% |
| APD Air Products & Chemicals Inc. | 2.13% | 16,479 | $4.8M | Reduce -2.3% |
| ACN Accenture PLC Class A | 1.97% | 12,572 | $4.4M | Reduce -4.2% |
| AAPL Apple Inc. | 1.97% | 17,577 | $4.4M | Reduce -2.5% |
| DE Deere & Co. | 1.94% | 10,238 | $4.3M | Reduce -3.0% |
| PEP Pepsico Inc. | 1.90% | 28,003 | $4.3M | Reduce -5.5% |
| NXPI NXP Semiconductors NV | 1.90% | 20,463 | $4.3M | Reduce -1.0% |
| FMAO Farmers & Merchants Banco | 1.86% | 141,378 | $4.2M | Reduce -5.3% |
| LMT Lockheed Martin Corp. | 1.71% | 7,893 | $3.8M | Add +0.6% |
| LIN Linde PLC | 1.64% | 8,791 | $3.7M | Reduce -2.7% |
| GOOGL Alphabet Inc. Class A | 1.54% | 18,254 | $3.5M | Reduce -0.4% |
| WDAY Workday Inc. Class A | 1.48% | 12,838 | $3.3M | Add +9.7% |
| AVGO Broadcom Inc. | 1.44% | 13,905 | $3.2M | Reduce -4.8% |
| LFUS Littelfuse Inc. | 1.36% | 12,974 | $3.1M | Reduce -5.4% |
| DLR Digital Realty Trust Inc. | 1.34% | 16,977 | $3.0M | Reduce -7.4% |
| JMBS Janus Henderson Mortg Backed | 1.28% | 64,764 | $2.9M | Reduce -8.1% |
| GXO Gxo Logistics Inc. | 1.25% | 64,610 | $2.8M | Reduce -10.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.24% | 24,889 | $2.8M | Reduce -4.8% |
| CCI Crown Castle Inc. | 1.20% | 29,659 | $2.7M | Reduce -14.3% |
| KEYS Keysight Technologies Inc. | 1.14% | 15,934 | $2.6M | Add +38.3% |
| CSV Carriage Services Inc. | 1.07% | 60,361 | $2.4M | Reduce -6.3% |
| ULS Ul Solutions Inc. Class A | 1.07% | 48,162 | $2.4M | Add +6.8% |
| CARY Angel Oak Income ETF | 1.05% | 114,474 | $2.4M | Add +29.7% |
| ABBV Abbvie Inc. | 0.97% | 12,275 | $2.2M | Add +6.6% |
| JAAA Janus Henderson Aaa Clo ETF | 0.93% | 41,131 | $2.1M | Reduce -1.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.87% | 44,332 | $1.9M | Reduce -4.2% |
| JPM JPMorgan Chase & Co. | 0.84% | 7,879 | $1.9M | Reduce -1.8% |
| CVX Chevron Corp. | 0.79% | 12,217 | $1.8M | Reduce -1.8% |
| DGRO iShares Core Dividend Growth | 0.74% | 27,015 | $1.7M | Reduce -0.0% |
| UNH Unitedhealth Group Inc. | 0.73% | 3,211 | $1.6M | Add +4.3% |
| ANET Arista Networks Inc. | 0.70% | 14,196 | $1.6M | Reduce -0.5% |
| FMC FMC Corp. | 0.66% | 30,248 | $1.5M | Reduce -18.9% |
| OBIL F/M US Treasury 12 Month Bil | 0.65% | 29,025 | $1.5M | Add +5.5% |
| LLY Eli Lilly & Co. | 0.64% | 1,854 | $1.4M | Reduce -0.1% |
| MCD McDonald's Corp. | 0.61% | 4,685 | $1.4M | Reduce -0.5% |
| UNP Union Pacific Corp. | 0.60% | 5,847 | $1.3M | Reduce -15.0% |
| MA Mastercard Inc. Class A | 0.54% | 2,309 | $1.2M | Add +0.3% |
| CAT Caterpillar Inc. | 0.54% | 3,337 | $1.2M | Add +12.7% |
| PH Parker Hannifin Corp. | 0.54% | 1,897 | $1.2M | Reduce -0.8% |
| MOAT Vaneck Morningstar Wide Moat | 0.53% | 12,857 | $1.2M | Reduce -8.8% |
| HD Home Depot Inc. | 0.53% | 3,049 | $1.2M | Reduce -1.7% |
| AMGN Amgen Inc. | 0.53% | 4,517 | $1.2M | Reduce -0.4% |
| HON Honeywell International Inc. | 0.51% | 5,026 | $1.1M | Reduce -26.9% |
| RTX RTX Corp. | 0.50% | 9,769 | $1.1M | Reduce -2.7% |
| COST Costco Wholesale Corp. | 0.49% | 1,210 | $1.1M | Reduce -0.4% |
| ISRG Intuitive Surgical Inc. | 0.49% | 2,100 | $1.1M | No change |
| JQUA JPMorgan US Quality Factor | 0.47% | 18,502 | $1.1M | Add +10.8% |
| CGNG Cap Group New Geography Eq filed as CAPITAL GROUP NEW GEOGRAPHY | 0.47% | 42,711 | $1.1M | Reduce -7.1% |
| PKG Packaging Corp. of America | 0.45% | 4,470 | $1.0M | Reduce -0.1% |
| PNC PNC Financial Services Group | 0.44% | 5,059 | $976K | No change |
| CSCO Cisco Systems Inc. | 0.43% | 16,383 | $970K | Reduce -0.6% |
| GILD Gilead Sciences Inc. | 0.42% | 10,220 | $944K | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.41% | 6,365 | $921K | Reduce -5.1% |
| YELP Yelp Inc. | 0.38% | 21,998 | $851K | Add +12.7% |
| SO The Southern Co. | 0.37% | 10,156 | $836K | Reduce -0.3% |
| MRK Merck & Co. Inc. | 0.36% | 8,083 | $804K | Reduce -0.2% |
| ROK Rockwell Automation Inc. | 0.35% | 2,721 | $778K | Add +1.7% |
| ITW Illinois Tool Works | 0.35% | 3,065 | $777K | No change |
| GD General Dynamics Corp. | 0.34% | 2,906 | $766K | Add +1.3% |
| UPS United Parcel Service Class B | 0.34% | 5,950 | $750K | Reduce -0.2% |
| SRE Sempra | 0.33% | 8,409 | $738K | Add +0.7% |
| ETR Entergy Corp. | 0.33% | 9,644 | $731K | Reduce -0.2% |
| FANG Diamondback Energy Inc. | 0.33% | 4,457 | $730K | Add +1.0% |
| TGT Target Corp. | 0.32% | 5,282 | $714K | Add +0.9% |
| LHX L3HARRIS Technologies Inc. | 0.31% | 3,346 | $704K | No change |
| TRV The Travelers Cos Inc. | 0.30% | 2,762 | $665K | Reduce -1.9% |
| BMY Bristol-Myers Squibb Co. | 0.29% | 11,593 | $656K | Add +0.8% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.28% | 18,607 | $637K | Reduce -2.9% |
| SBUX Starbucks Corp. | 0.28% | 6,949 | $634K | Reduce -1.8% |
| ABT Abbott Laboratories | 0.28% | 5,488 | $621K | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 1,039 | $609K | Add +5.7% |
| AEP American Electric Power | 0.27% | 6,500 | $599K | Add +0.9% |
| TDY Teledyne Technologies Inc. | 0.26% | 1,233 | $572K | Add +0.1% |
| PEG Public Service Enterprise GP | 0.25% | 6,725 | $568K | Reduce -1.1% |
| WM Waste Management Inc. | 0.25% | 2,806 | $566K | Reduce -0.5% |
| PAYX Paychex Inc. | 0.25% | 4,011 | $562K | Reduce -0.3% |
| NSC Norfolk Southern Corp. | 0.25% | 2,362 | $554K | No change |
| CVS CVS Health Corp. | 0.24% | 12,062 | $541K | Reduce -28.4% |
| IVW iShares S&P 500 Growth ETF | 0.24% | 5,306 | $539K | Add +5.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 1,171 | $531K | Add +2.2% |
| CERT Certara Inc. | 0.23% | 48,700 | $519K | New |
| BDX Becton Dickinson and Co. | 0.23% | 2,246 | $510K | No change |
| ROP Roper Technologies Inc. | 0.22% | 962 | $500K | Add +0.1% |
| GPC Genuine Parts Co. | 0.22% | 4,245 | $496K | Reduce -1.7% |
| PFE Pfizer Inc. | 0.22% | 18,657 | $495K | Add +0.9% |
| USMV iShares MSCI USA Min Vol Fac | 0.22% | 5,554 | $493K | Reduce -2.8% |
| PLD Prologis Inc. | 0.22% | 4,644 | $491K | Add +2.5% |
| SYK Stryker Corp. | 0.22% | 1,339 | $482K | Add +0.7% |
| NTNX Nutanix Inc. Class A | 0.21% | 7,710 | $472K | Reduce -28.4% |
Portfolio Sells Q3 2024 → Q4 2024
| LKQ LKQ Corp. | Sold out | 0.00% | −0.60 |
| CCI Crown Castle Inc. | Reduce -14.3% | 1.20% | −0.57 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.2% | 2.50% | −0.41 |
| FMC FMC Corp. | Reduce -18.9% | 0.66% | −0.41 |
| GXO Gxo Logistics Inc. | Reduce -10.7% | 1.25% | −0.37 |
| USFR Wisdomtree Floating Rate Tre | Reduce -79.0% | 0.10% | −0.36 |
| PEP Pepsico Inc. | Reduce -5.5% | 1.90% | −0.28 |
| LOW Lowe's Cos Inc. | Reduce -4.7% | 2.26% | −0.26 |
| NXPI NXP Semiconductors NV | Reduce -1.0% | 1.90% | −0.25 |
| LIN Linde PLC | Reduce -2.7% | 1.64% | −0.22 |
| CVS CVS Health Corp. | Reduce -28.4% | 0.24% | −0.22 |
| LFUS Littelfuse Inc. | Reduce -5.4% | 1.36% | −0.21 |
| JMBS Janus Henderson Mortg Backed | Reduce -8.1% | 1.28% | −0.14 |
| UNP Union Pacific Corp. | Reduce -15.0% | 0.60% | −0.14 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.13 |
| IBM Intl Business Machines Corp. | Reduce -6.8% | 2.66% | −0.12 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.11 |
| HON Honeywell International Inc. | Reduce -26.9% | 0.51% | −0.11 |
| AMGN Amgen Inc. | Reduce -0.4% | 0.53% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -0.1% | 0.64% | −0.07 |
| NTNX Nutanix Inc. Class A | Reduce -28.4% | 0.21% | −0.07 |
| JNJ Johnson & Johnson | Reduce -5.1% | 0.41% | −0.06 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -8.8% | 0.53% | −0.06 |
| MSFT Microsoft Corp. | Reduce -2.5% | 4.17% | −0.06 |
| CGNG Cap Group New Geography Eq | Reduce -7.1% | 0.47% | −0.05 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Reduce -2.9% | 0.28% | −0.04 |
| GPC Genuine Parts Co. | Reduce -1.7% | 0.22% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -0.2% | 0.36% | −0.04 |
| APD Air Products & Chemicals Inc. | Reduce -2.3% | 2.13% | −0.04 |
| ACN Accenture PLC Class A | Reduce -4.2% | 1.97% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -6.3% | 0.19% | −0.02 |
| SO The Southern Co. | Reduce -0.3% | 0.37% | −0.02 |
| RTX RTX Corp. | Reduce -2.7% | 0.50% | −0.02 |
| UPS United Parcel Service Class B | Reduce -0.2% | 0.34% | −0.02 |
| JPIN JPM Diversified Ret Intl Eq | Reduce -3.3% | 0.13% | −0.02 |
| MBBB Vaneck Moody's Analytics BBB | Reduce -6.5% | 0.20% | −0.02 |
| SBUX Starbucks Corp. | Reduce -1.8% | 0.28% | −0.01 |
| HD Home Depot Inc. | Reduce -1.7% | 0.53% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.5% | 0.61% | −0.01 |
| PEG Public Service Enterprise GP | Reduce -1.1% | 0.25% | −0.01 |
| RELL Richardson Elec Ltd. | Reduce -20.5% | 0.09% | −0.01 |
| TFC Truist Financial Corp. | Reduce -10.3% | 0.10% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -2.8% | 0.22% | −0.01 |
| CLX Clorox Company | Reduce -6.3% | 0.10% | −0.00 |
| CVX Chevron Corp. | Reduce -1.8% | 0.79% | −0.00 |
| MDY State Street SPDR S&P Midcap | Reduce -4.6% | 0.13% | −0.00 |
| WM Waste Management Inc. | Reduce -0.5% | 0.25% | −0.00 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -4.3% | 0.16% | +0.00 |
| ABT Abbott Laboratories | Reduce -0.9% | 0.28% | +0.00 |
| DGRO iShares Core Dividend Growth | Reduce -0.0% | 0.74% | +0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| KEYS Keysight Technologies Inc. | Add +38.3% | 1.14% | +0.35 |
| CARY Angel Oak Income ETF | Add +29.7% | 1.05% | +0.24 |
| WDAY Workday Inc. Class A | Add +9.7% | 1.48% | +0.24 |
| CERT Certara Inc. | New | 0.23% | +0.23 |
| CP Canadian Pacific Kansas City | New | 0.18% | +0.18 |
| ILMN Illumina Inc. | New | 0.18% | +0.18 |
| ULS Ul Solutions Inc. Class A | Add +6.8% | 1.07% | +0.11 |
| AXP American Express Co. | New | 0.10% | +0.10 |
| WMT Walmart Inc. | New | 0.10% | +0.10 |
| VNLA Janus Henderson Short Durati | New | 0.09% | +0.09 |
| YELP Yelp Inc. | Add +12.7% | 0.38% | +0.08 |
| JQUA JPMorgan US Quality Factor | Add +10.8% | 0.47% | +0.06 |
| MA Mastercard Inc. Class A | Add +0.3% | 0.54% | +0.05 |
| OBIL F/M US Treasury 12 Month Bil | Add +5.5% | 0.65% | +0.05 |
| CAT Caterpillar Inc. | Add +12.7% | 0.54% | +0.04 |
| ROK Rockwell Automation Inc. | Add +1.7% | 0.35% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Add +0.8% | 0.29% | +0.04 |
| IVW iShares S&P 500 Growth ETF | Add +5.9% | 0.24% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.7% | 0.27% | +0.03 |
| SRE Sempra | Add +0.7% | 0.33% | +0.03 |
| NVDA Nvidia Corp. | Add +0.7% | 0.20% | +0.03 |
| VFC VF Corp. | Add +6.2% | 0.15% | +0.02 |
| TDY Teledyne Technologies Inc. | Add +0.1% | 0.26% | +0.02 |
| ULTA Ulta Beauty Inc. | Add +1.0% | 0.14% | +0.02 |
| KTB Kontoor Brands Inc. | Add +2.8% | 0.19% | +0.02 |
| JPSE JPM Diversified RT Small Cap | Add +9.1% | 0.18% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.2% | 0.24% | +0.01 |
| SYK Stryker Corp. | Add +0.7% | 0.22% | +0.01 |
| IVE iShares S&P 500 Value ETF | Add +4.0% | 0.18% | +0.01 |
| GNRC Generac Holdings Inc. | Add +0.5% | 0.20% | +0.00 |
| FTV Fortive Corp. | Add +2.8% | 0.09% | +0.00 |
| FANG Diamondback Energy Inc. | Add +1.0% | 0.33% | −0.00 |
| WTRG Essential Utilities Inc. | Add +0.4% | 0.15% | −0.00 |
| VLTO Veralto Corp. | Add +0.9% | 0.10% | −0.01 |
| SJM The JM Smucker Co. | Add +3.1% | 0.19% | −0.01 |
| ROP Roper Technologies Inc. | Add +0.1% | 0.22% | −0.01 |
| ADBE Adobe Inc. | Add +7.8% | 0.18% | −0.01 |
| ABBV Abbvie Inc. | Add +6.6% | 0.97% | −0.01 |
| PFE Pfizer Inc. | Add +0.9% | 0.22% | −0.01 |
| AEP American Electric Power | Add +0.9% | 0.27% | −0.02 |
| PLD Prologis Inc. | Add +2.5% | 0.22% | −0.03 |
| GD General Dynamics Corp. | Add +1.3% | 0.34% | −0.03 |
| TGT Target Corp. | Add +0.9% | 0.32% | −0.03 |
| UNH Unitedhealth Group Inc. | Add +4.3% | 0.73% | −0.05 |
| LMT Lockheed Martin Corp. | Add +0.6% | 1.71% | −0.27 |
| DHR Danaher Corp. | Add +0.8% | 2.30% | −0.38 |
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 |