Mendel Money Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Mendel Money Management reported 136 stock positions worth $211.1 million. Its top holding was Microsoft (MSFT) at 4.0% of the portfolio, followed by Amazon.com (AMZN, 3.6%) and Visa Class A (V, 3.3%). Compared with Q4 2024, it opened 6 new positions, sold out of 7, added to 61 and reduced 55. The biggest buy was a new position in GE Vernova (GEV) and the biggest sale Air Products & Chemicals (APD, shares −44%).
- Most Recent 13F
- Q2 2026
- Location
- NORTHBROOK, IL
- CIK
- 0001600585
- Portfolio Value
- $211.1M (Q1 2025)
- SEC Filing
- 0001085146-25-002647 ↗ filed May 6, 2025
Holdings Value
Holdings 136 stocks · $211.1M
| MSFT Microsoft Corp. | 3.96% | 22,244 | $8.4M | Add +0.3% |
| AMZN Amazon.com Inc. | 3.61% | 40,102 | $7.6M | Reduce -1.1% |
| V Visa Inc. Class A | 3.28% | 19,733 | $6.9M | Reduce -1.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.83% | 24,040 | $6.0M | Reduce -11.3% |
| TMO Thermo Fisher Scientific Inc. | 2.55% | 10,829 | $5.4M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 2.46% | 33,268 | $5.2M | Reduce -4.4% |
| LIN Linde PLC | 2.28% | 10,339 | $4.8M | Add +17.6% |
| AME Ametek Inc. | 2.26% | 27,696 | $4.8M | Reduce -2.1% |
| PANW Palo Alto Networks Inc. | 2.25% | 27,853 | $4.8M | Reduce -2.7% |
| LOW Lowe's Cos Inc. | 2.24% | 20,285 | $4.7M | Reduce -1.3% |
| DHR Danaher Corp. | 2.21% | 22,778 | $4.7M | Add +1.5% |
| DE Deere & Co. | 2.19% | 9,839 | $4.6M | Reduce -3.9% |
| ANSS Ansys Inc. | 2.13% | 14,217 | $4.5M | Reduce -1.2% |
| PEP Pepsico Inc. | 1.99% | 28,007 | $4.2M | Add +0.0% |
| AAPL Apple Inc. | 1.87% | 17,755 | $3.9M | Add +1.0% |
| NXPI NXP Semiconductors NV | 1.84% | 20,408 | $3.9M | Reduce -0.3% |
| ACN Accenture PLC Class A | 1.83% | 12,395 | $3.9M | Reduce -1.4% |
| FMAO Farmers & Merchants Banco | 1.58% | 139,688 | $3.3M | Reduce -1.2% |
| LMT Lockheed Martin Corp. | 1.57% | 7,430 | $3.3M | Reduce -5.9% |
| WDAY Workday Inc. Class A | 1.50% | 13,569 | $3.2M | Add +5.7% |
| MRVL Marvell Technology Inc. | 1.47% | 50,421 | $3.1M | Add +5.2% |
| JMBS Janus Henderson Mortg Backed | 1.37% | 63,784 | $2.9M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 1.36% | 18,529 | $2.9M | Add +1.5% |
| APD Air Products & Chemicals Inc. | 1.30% | 9,311 | $2.7M | Reduce -43.5% |
| ULS Ul Solutions Inc. Class A | 1.24% | 46,437 | $2.6M | Reduce -3.6% |
| LFUS Littelfuse Inc. | 1.21% | 13,009 | $2.6M | Add +0.3% |
| GEV GE Vernova Inc. | 1.20% | 8,326 | $2.5M | New |
| ABBV Abbvie Inc. | 1.17% | 11,747 | $2.5M | Reduce -4.3% |
| DLR Digital Realty Trust Inc. | 1.15% | 17,004 | $2.4M | Add +0.2% |
| KEYS Keysight Technologies Inc. | 1.15% | 16,234 | $2.4M | Add +1.9% |
| AVGO Broadcom Inc. | 1.13% | 14,295 | $2.4M | Add +2.8% |
| CARY Angel Oak Income ETF | 1.13% | 114,712 | $2.4M | Add +0.2% |
| GXO Gxo Logistics Inc. | 1.10% | 59,270 | $2.3M | Reduce -8.3% |
| JAAA Janus Henderson Aaa Clo ETF | 1.06% | 44,008 | $2.2M | Add +7.0% |
| CSV Carriage Services Inc. | 1.04% | 56,649 | $2.2M | Reduce -6.2% |
| UBER Uber Technologies Inc. | 1.01% | 29,396 | $2.1M | New |
| CVX Chevron Corp. | 0.96% | 12,151 | $2.0M | Reduce -0.5% |
| CCI Crown Castle Inc. | 0.95% | 19,316 | $2.0M | Reduce -34.9% |
| JPM JPMorgan Chase & Co. | 0.94% | 8,087 | $2.0M | Add +2.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.85% | 42,987 | $1.8M | Reduce -3.0% |
| UNH Unitedhealth Group Inc. | 0.80% | 3,224 | $1.7M | Add +0.4% |
| DGRO iShares Core Dividend Growth | 0.79% | 27,085 | $1.7M | Add +0.3% |
| LLY Eli Lilly & Co. | 0.72% | 1,853 | $1.5M | Reduce -0.1% |
| OBIL F/M US Treasury 12 Month Bil | 0.69% | 28,945 | $1.5M | Reduce -0.3% |
| MCD McDonald's Corp. | 0.68% | 4,579 | $1.4M | Reduce -2.3% |
| UNP Union Pacific Corp. | 0.65% | 5,825 | $1.4M | Reduce -0.4% |
| AMGN Amgen Inc. | 0.65% | 4,413 | $1.4M | Reduce -2.3% |
| RTX RTX Corp. | 0.61% | 9,768 | $1.3M | Reduce -0.0% |
| MA Mastercard Inc. Class A | 0.60% | 2,309 | $1.3M | No change |
| COST Costco Wholesale Corp. | 0.56% | 1,256 | $1.2M | Add +3.8% |
| MOAT Vaneck Morningstar Wide Moat | 0.56% | 13,429 | $1.2M | Add +4.5% |
| PH Parker Hannifin Corp. | 0.55% | 1,926 | $1.2M | Add +1.5% |
| GILD Gilead Sciences Inc. | 0.54% | 10,230 | $1.1M | Add +0.1% |
| HD Home Depot Inc. | 0.53% | 3,026 | $1.1M | Reduce -0.8% |
| CAT Caterpillar Inc. | 0.52% | 3,344 | $1.1M | Add +0.2% |
| ANET Arista Networks Inc. | 0.52% | 14,146 | $1.1M | Reduce -0.3% |
| JQUA JPMorgan US Quality Factor | 0.52% | 19,284 | $1.1M | Add +4.2% |
| CERT Certara Inc. | 0.50% | 107,565 | $1.1M | Add +120.9% |
| CGNG Cap Group New Geography Eq filed as CAPITAL GROUP NEW GEOGRAPHY | 0.50% | 41,665 | $1.0M | Reduce -2.5% |
| ISRG Intuitive Surgical Inc. | 0.50% | 2,112 | $1.0M | Add +0.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.48% | 10,286 | $1.0M | Reduce -58.7% |
| CSCO Cisco Systems Inc. | 0.48% | 16,357 | $1.0M | Reduce -0.2% |
| HON Honeywell International Inc. | 0.48% | 4,761 | $1.0M | Reduce -5.3% |
| SO The Southern Co. | 0.44% | 10,189 | $937K | Add +0.3% |
| PNC PNC Financial Services Group | 0.42% | 5,098 | $896K | Add +0.8% |
| PKG Packaging Corp. of America | 0.42% | 4,480 | $887K | Add +0.2% |
| JNJ Johnson & Johnson | 0.41% | 5,208 | $864K | Reduce -18.2% |
| ETR Entergy Corp. | 0.39% | 9,644 | $824K | No change |
| YELP Yelp Inc. | 0.39% | 22,248 | $824K | Add +1.1% |
| GD General Dynamics Corp. | 0.38% | 2,940 | $801K | Add +1.2% |
| MRK Merck & Co. Inc. | 0.37% | 8,742 | $785K | Add +8.2% |
| ITW Illinois Tool Works | 0.36% | 3,065 | $760K | No change |
| CVS CVS Health Corp. | 0.36% | 11,117 | $753K | Reduce -7.8% |
| FANG Diamondback Energy Inc. | 0.35% | 4,626 | $740K | Add +3.8% |
| TRV The Travelers Cos Inc. | 0.35% | 2,762 | $730K | No change |
| AEP American Electric Power | 0.34% | 6,588 | $720K | Add +1.4% |
| ROK Rockwell Automation Inc. | 0.34% | 2,767 | $715K | Add +1.7% |
| BMY Bristol-Myers Squibb Co. | 0.34% | 11,678 | $712K | Add +0.7% |
| LHX L3HARRIS Technologies Inc. | 0.34% | 3,385 | $709K | Add +1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.33% | 1,254 | $701K | Add +20.7% |
| SBUX Starbucks Corp. | 0.33% | 7,006 | $687K | Add +0.8% |
| UPS United Parcel Service Class B | 0.32% | 6,178 | $680K | Add +3.8% |
| WM Waste Management Inc. | 0.31% | 2,833 | $656K | Add +1.0% |
| ABT Abbott Laboratories | 0.30% | 4,790 | $635K | Reduce -12.7% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.30% | 17,721 | $632K | Reduce -4.8% |
| PAYX Paychex Inc. | 0.30% | 4,044 | $624K | Add +0.8% |
| TDY Teledyne Technologies Inc. | 0.29% | 1,233 | $614K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 1,146 | $610K | Reduce -2.1% |
| SRE Sempra | 0.28% | 8,346 | $596K | Reduce -0.8% |
| ROP Roper Technologies Inc. | 0.27% | 963 | $568K | Add +0.1% |
| AON Aon PLC Class A | 0.27% | 1,409 | $562K | Add +27.1% |
| NSC Norfolk Southern Corp. | 0.27% | 2,362 | $559K | No change |
| PEG Public Service Enterprise GP | 0.26% | 6,710 | $552K | Reduce -0.2% |
| NTNX Nutanix Inc. Class A | 0.25% | 7,690 | $537K | Reduce -0.3% |
| PLD Prologis Inc. | 0.25% | 4,802 | $537K | Add +3.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.25% | 5,562 | $521K | Add +0.1% |
| GPC Genuine Parts Co. | 0.24% | 4,330 | $516K | Add +2.0% |
| SYK Stryker Corp. | 0.24% | 1,360 | $506K | Add +1.6% |
| BDX Becton Dickinson and Co. | 0.24% | 2,196 | $503K | Reduce -2.2% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.24% | 4,226 | $500K | Add +7.5% |
Portfolio Sells Q4 2024 → Q1 2025
| APD Air Products & Chemicals Inc. | Reduce -43.5% | 1.30% | −0.83 |
| DIS The Walt Disney Co. | Reduce -58.7% | 0.48% | −0.76 |
| FMC FMC Corp. | Sold out | 0.00% | −0.66 |
| GOOG Alphabet Inc. Class C | Reduce -4.4% | 2.46% | −0.50 |
| AMZN Amazon.com Inc. | Reduce -1.1% | 3.61% | −0.36 |
| FMAO Farmers & Merchants Banco | Reduce -1.2% | 1.58% | −0.28 |
| CCI Crown Castle Inc. | Reduce -34.9% | 0.95% | −0.25 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.24 |
| IVE iShares S&P 500 Value ETF | Sold out | 0.00% | −0.18 |
| ANET Arista Networks Inc. | Reduce -0.3% | 0.52% | −0.18 |
| GXO Gxo Logistics Inc. | Reduce -8.3% | 1.10% | −0.16 |
| ACN Accenture PLC Class A | Reduce -1.4% | 1.83% | −0.14 |
| LMT Lockheed Martin Corp. | Reduce -5.9% | 1.57% | −0.14 |
| TFC Truist Financial Corp. | Sold out | 0.00% | −0.10 |
| CLX Clorox Company | Sold out | 0.00% | −0.10 |
| AXP American Express Co. | Sold out | 0.00% | −0.10 |
| TGT Target Corp. | Reduce -14.3% | 0.22% | −0.09 |
| VNLA Janus Henderson Short Durati | Sold out | 0.00% | −0.09 |
| PANW Palo Alto Networks Inc. | Reduce -2.7% | 2.25% | −0.07 |
| NXPI NXP Semiconductors NV | Reduce -0.3% | 1.84% | −0.06 |
| SRE Sempra | Reduce -0.8% | 0.28% | −0.05 |
| ADBE Adobe Inc. | Reduce -15.2% | 0.14% | −0.04 |
| PYPL PayPal Holdings Inc. | Reduce -0.9% | 0.17% | −0.04 |
| NVDA Nvidia Corp. | Reduce -6.4% | 0.16% | −0.04 |
| ANSS Ansys Inc. | Reduce -1.2% | 2.13% | −0.04 |
| CSV Carriage Services Inc. | Reduce -6.2% | 1.04% | −0.03 |
| HON Honeywell International Inc. | Reduce -5.3% | 0.48% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -1.3% | 2.24% | −0.02 |
| BAC Bank of America Corp. | Reduce -3.0% | 0.85% | −0.02 |
| AME Ametek Inc. | Reduce -2.1% | 2.26% | −0.02 |
| ULTA Ulta Beauty Inc. | Reduce -1.0% | 0.12% | −0.02 |
| HD Home Depot Inc. | Reduce -0.8% | 0.53% | −0.00 |
| MBBB Vaneck Moody's Analytics BBB | Reduce -8.6% | 0.19% | −0.00 |
| JNJ Johnson & Johnson | Reduce -18.2% | 0.41% | −0.00 |
| MDY State Street SPDR S&P Midcap | Reduce -0.4% | 0.13% | −0.00 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -3.8% | 0.16% | −0.00 |
| CP Canadian Pacific Kansas City | Reduce -1.7% | 0.19% | +0.00 |
| PEG Public Service Enterprise GP | Reduce -0.2% | 0.26% | +0.01 |
| CB Chubb Ltd. | Reduce -7.3% | 0.12% | +0.01 |
| VNQ Vanguard Real Estate ETF | Reduce -3.0% | 0.20% | +0.01 |
| JPIN JPM Diversified Ret Intl Eq | Reduce -5.3% | 0.14% | +0.01 |
| BDX Becton Dickinson and Co. | Reduce -2.2% | 0.24% | +0.01 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Reduce -4.8% | 0.30% | +0.02 |
| ABT Abbott Laboratories | Reduce -12.7% | 0.30% | +0.02 |
| CGNG Cap Group New Geography Eq | Reduce -2.5% | 0.50% | +0.02 |
| OBIL F/M US Treasury 12 Month Bil | Reduce -0.3% | 0.69% | +0.04 |
| NTNX Nutanix Inc. Class A | Reduce -0.3% | 0.25% | +0.04 |
| CSCO Cisco Systems Inc. | Reduce -0.2% | 0.48% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.1% | 0.29% | +0.05 |
| UNP Union Pacific Corp. | Reduce -0.4% | 0.65% | +0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| GEV GE Vernova Inc. | New | 1.20% | +1.20 |
| UBER Uber Technologies Inc. | New | 1.01% | +1.01 |
| LIN Linde PLC | Add +17.6% | 2.28% | +0.64 |
| CERT Certara Inc. | Add +120.9% | 0.50% | +0.27 |
| CELH Celsius Holdings Inc. | New | 0.20% | +0.20 |
| JAAA Janus Henderson Aaa Clo ETF | Add +7.0% | 1.06% | +0.13 |
| GILD Gilead Sciences Inc. | Add +0.1% | 0.54% | +0.12 |
| PSTL Postal Realty Trust Inc. Class A | New | 0.11% | +0.11 |
| JPM JPMorgan Chase & Co. | Add +2.6% | 0.94% | +0.10 |
| NUE Nucor Corp. | New | 0.10% | +0.10 |
| SHOP Shopify Inc. Class A | New | 0.10% | +0.10 |
| AON Aon PLC Class A | Add +27.1% | 0.27% | +0.09 |
| PEP Pepsico Inc. | Add +0.0% | 1.99% | +0.09 |
| CARY Angel Oak Income ETF | Add +0.2% | 1.13% | +0.08 |
| UNH Unitedhealth Group Inc. | Add +0.4% | 0.80% | +0.07 |
| AEP American Electric Power | Add +1.4% | 0.34% | +0.07 |
| SO The Southern Co. | Add +0.3% | 0.44% | +0.07 |
| COST Costco Wholesale Corp. | Add +3.8% | 0.56% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +20.7% | 0.33% | +0.06 |
| WM Waste Management Inc. | Add +1.0% | 0.31% | +0.06 |
| DGRO iShares Core Dividend Growth | Add +0.3% | 0.79% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +0.4% | 2.55% | +0.05 |
| ROP Roper Technologies Inc. | Add +0.1% | 0.27% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +0.7% | 0.34% | +0.04 |
| PAYX Paychex Inc. | Add +0.8% | 0.30% | +0.04 |
| SJM The JM Smucker Co. | Add +7.5% | 0.24% | +0.04 |
| JQUA JPMorgan US Quality Factor | Add +4.2% | 0.52% | +0.04 |
| SBUX Starbucks Corp. | Add +0.8% | 0.33% | +0.04 |
| GD General Dynamics Corp. | Add +1.2% | 0.38% | +0.04 |
| PLD Prologis Inc. | Add +3.4% | 0.25% | +0.04 |
| MOAT Vaneck Morningstar Wide Moat | Add +4.5% | 0.56% | +0.03 |
| WTRG Essential Utilities Inc. | Add +2.3% | 0.17% | +0.03 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.1% | 0.25% | +0.03 |
| SYK Stryker Corp. | Add +1.6% | 0.24% | +0.02 |
| FANG Diamondback Energy Inc. | Add +3.8% | 0.35% | +0.02 |
| GPC Genuine Parts Co. | Add +2.0% | 0.24% | +0.02 |
| WDAY Workday Inc. Class A | Add +5.7% | 1.50% | +0.02 |
| LHX L3HARRIS Technologies Inc. | Add +1.2% | 0.34% | +0.02 |
| USFR Wisdomtree Floating Rate Tre | Add +13.0% | 0.12% | +0.02 |
| WMT Walmart Inc. | Add +13.8% | 0.11% | +0.02 |
| PH Parker Hannifin Corp. | Add +1.5% | 0.55% | +0.02 |
| JPSE JPM Diversified RT Small Cap | Add +8.4% | 0.20% | +0.01 |
| MRK Merck & Co. Inc. | Add +8.2% | 0.37% | +0.01 |
| VRIG Invesco Variable Rate Invest | Add +2.4% | 0.15% | +0.01 |
| YELP Yelp Inc. | Add +1.1% | 0.39% | +0.01 |
| INGR Ingredion Inc. | Add +1.5% | 0.18% | +0.01 |
| KEYS Keysight Technologies Inc. | Add +1.9% | 1.15% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +0.6% | 0.50% | +0.01 |
| VLTO Veralto Corp. | Add +1.5% | 0.11% | +0.00 |
| GWW WW Grainger Inc. | Add +0.7% | 0.19% | +0.00 |
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 |