Mendel Money Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 1, 2025), Mendel Money Management reported 142 stock positions worth $225.8 million. Its top holding was Microsoft (MSFT) at 4.7% of the portfolio, followed by Amazon.com (AMZN, 3.8%) and Visa Class A (V, 3.0%). Compared with Q1 2025, it opened 9 new positions, sold out of 3, added to 51 and reduced 71. The biggest buy was RTX (RTX, shares +209%) and the biggest sale Lockheed Martin (LMT, shares −77%).
- Most Recent 13F
- Q2 2026
- Location
- NORTHBROOK, IL
- CIK
- 0001600585
- Portfolio Value
- $225.8M (Q2 2025)
- SEC Filing
- 0001085146-25-004446 ↗ filed Aug 1, 2025
Holdings Value
Holdings 142 stocks · $225.8M
| MSFT Microsoft Corp. | 4.73% | 21,461 | $10.7M | Reduce -3.5% |
| AMZN Amazon.com Inc. | 3.82% | 39,371 | $8.6M | Reduce -1.8% |
| V Visa Inc. Class A | 2.96% | 18,839 | $6.7M | Reduce -4.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.87% | 22,003 | $6.5M | Reduce -8.5% |
| GOOG Alphabet Inc. Class C | 2.52% | 32,052 | $5.7M | Reduce -3.7% |
| PANW Palo Alto Networks Inc. | 2.33% | 25,769 | $5.3M | Reduce -7.5% |
| AME Ametek Inc. | 2.17% | 27,058 | $4.9M | Reduce -2.3% |
| LIN Linde PLC | 2.17% | 10,431 | $4.9M | Add +0.9% |
| ANSS Ansys Inc. | 2.16% | 13,912 | $4.9M | Reduce -2.1% |
| DE Deere & Co. | 2.13% | 9,469 | $4.8M | Reduce -3.8% |
| TMO Thermo Fisher Scientific Inc. | 2.03% | 11,304 | $4.6M | Add +4.4% |
| DHR Danaher Corp. | 2.03% | 23,156 | $4.6M | Add +1.7% |
| LOW Lowe's Cos Inc. | 1.96% | 19,930 | $4.4M | Reduce -1.8% |
| RTX RTX Corp. | 1.95% | 30,191 | $4.4M | Add +209.1% |
| NXPI NXP Semiconductors NV | 1.95% | 20,136 | $4.4M | Reduce -1.3% |
| GEV GE Vernova Inc. | 1.92% | 8,205 | $4.3M | Reduce -1.4% |
| MRVL Marvell Technology Inc. | 1.76% | 51,213 | $4.0M | Add +1.6% |
| AVGO Broadcom Inc. | 1.65% | 13,533 | $3.7M | Reduce -5.3% |
| ACN Accenture PLC Class A | 1.63% | 12,297 | $3.7M | Reduce -0.8% |
| PEP Pepsico Inc. | 1.62% | 27,707 | $3.7M | Reduce -1.1% |
| AAPL Apple Inc. | 1.59% | 17,516 | $3.6M | Reduce -1.4% |
| FMAO Farmers & Merchants Banco | 1.55% | 138,253 | $3.5M | Reduce -1.0% |
| WDAY Workday Inc. Class A | 1.54% | 14,479 | $3.5M | Add +6.7% |
| GOOGL Alphabet Inc. Class A | 1.47% | 18,782 | $3.3M | Add +1.4% |
| ULS Ul Solutions Inc. Class A | 1.36% | 42,047 | $3.1M | Reduce -9.4% |
| UBER Uber Technologies Inc. | 1.33% | 32,191 | $3.0M | Add +9.5% |
| DLR Digital Realty Trust Inc. | 1.31% | 16,912 | $2.9M | Reduce -0.5% |
| LFUS Littelfuse Inc. | 1.28% | 12,703 | $2.9M | Reduce -2.4% |
| JMBS Janus Henderson Mortg Backed | 1.24% | 62,004 | $2.8M | Reduce -2.8% |
| KEYS Keysight Technologies Inc. | 1.19% | 16,424 | $2.7M | Add +1.2% |
| GXO Gxo Logistics Inc. | 1.16% | 53,570 | $2.6M | Reduce -9.6% |
| CARY Angel Oak Income ETF | 1.15% | 124,342 | $2.6M | Add +8.4% |
| CSV Carriage Services Inc. | 1.06% | 52,359 | $2.4M | Reduce -7.6% |
| JAAA Janus Henderson Aaa Clo ETF | 1.00% | 44,685 | $2.3M | Add +1.5% |
| JPM JPMorgan Chase & Co. | 1.00% | 7,808 | $2.3M | Reduce -3.5% |
| ABBV Abbvie Inc. | 0.98% | 11,908 | $2.2M | Add +1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.80% | 38,262 | $1.8M | Reduce -11.0% |
| CVX Chevron Corp. | 0.77% | 12,098 | $1.7M | Reduce -0.4% |
| DGRO iShares Core Dividend Growth | 0.75% | 26,566 | $1.7M | Reduce -1.9% |
| CCI Crown Castle Inc. | 0.75% | 16,441 | $1.7M | Reduce -14.9% |
| UNH Unitedhealth Group Inc. | 0.71% | 5,105 | $1.6M | Add +58.3% |
| CERT Certara Inc. | 0.70% | 134,305 | $1.6M | Add +24.9% |
| APD Air Products & Chemicals Inc. | 0.68% | 5,442 | $1.5M | Reduce -41.5% |
| OBIL F/M US Treasury 12 Month Bil | 0.63% | 28,234 | $1.4M | Reduce -2.5% |
| ANET Arista Networks Inc. | 0.63% | 13,831 | $1.4M | Reduce -2.2% |
| FISV Fiserv Inc. | 0.62% | 8,172 | $1.4M | New |
| LLY Eli Lilly & Co. | 0.60% | 1,751 | $1.4M | Reduce -5.5% |
| MCD McDonald's Corp. | 0.59% | 4,581 | $1.3M | Add +0.0% |
| PH Parker Hannifin Corp. | 0.59% | 1,894 | $1.3M | Reduce -1.7% |
| CAT Caterpillar Inc. | 0.57% | 3,319 | $1.3M | Reduce -0.8% |
| MA Mastercard Inc. Class A | 0.56% | 2,269 | $1.3M | Reduce -1.7% |
| MOAT Vaneck Morningstar Wide Moat | 0.56% | 13,504 | $1.3M | Add +0.6% |
| UNP Union Pacific Corp. | 0.55% | 5,351 | $1.2M | Reduce -8.1% |
| COST Costco Wholesale Corp. | 0.54% | 1,223 | $1.2M | Reduce -2.6% |
| AMGN Amgen Inc. | 0.52% | 4,184 | $1.2M | Reduce -5.2% |
| JQUA JPMorgan US Quality Factor | 0.52% | 19,367 | $1.2M | Add +0.4% |
| CGNG Cap Group New Geography Eq filed as CAPITAL GROUP NEW GEOGRAPHY | 0.51% | 40,330 | $1.2M | Reduce -3.2% |
| ISRG Intuitive Surgical Inc. | 0.51% | 2,114 | $1.1M | Add +0.1% |
| UPS United Parcel Service Class B | 0.50% | 11,243 | $1.1M | Add +82.0% |
| GILD Gilead Sciences Inc. | 0.50% | 10,187 | $1.1M | Reduce -0.4% |
| HD Home Depot Inc. | 0.49% | 3,008 | $1.1M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 0.48% | 15,657 | $1.1M | Reduce -4.3% |
| HON Honeywell International Inc. | 0.47% | 4,510 | $1.1M | Reduce -5.3% |
| PNC PNC Financial Services Group | 0.43% | 5,173 | $964K | Add +1.5% |
| SO The Southern Co. | 0.41% | 10,089 | $926K | Reduce -1.0% |
| ROK Rockwell Automation Inc. | 0.40% | 2,752 | $914K | Reduce -0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.40% | 7,354 | $912K | Reduce -28.5% |
| LHX L3HARRIS Technologies Inc. | 0.38% | 3,435 | $862K | Add +1.5% |
| GD General Dynamics Corp. | 0.38% | 2,948 | $860K | Add +0.3% |
| PKG Packaging Corp. of America | 0.38% | 4,496 | $847K | Add +0.4% |
| LMT Lockheed Martin Corp. | 0.36% | 1,742 | $807K | Reduce -76.5% |
| ETR Entergy Corp. | 0.35% | 9,534 | $792K | Reduce -1.1% |
| CVS CVS Health Corp. | 0.35% | 11,367 | $784K | Add +2.3% |
| ITW Illinois Tool Works | 0.34% | 3,065 | $758K | No change |
| TRV The Travelers Cos Inc. | 0.32% | 2,742 | $734K | Reduce -0.7% |
| YELP Yelp Inc. | 0.32% | 20,873 | $715K | Reduce -6.2% |
| MRK Merck & Co. Inc. | 0.32% | 9,028 | $715K | Add +3.3% |
| JNJ Johnson & Johnson | 0.31% | 4,525 | $691K | Reduce -13.1% |
| AEP American Electric Power | 0.30% | 6,638 | $689K | Add +0.8% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.30% | 17,311 | $686K | Reduce -2.3% |
| ABT Abbott Laboratories | 0.29% | 4,824 | $656K | Add +0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.29% | 1,058 | $654K | Reduce -15.6% |
| WM Waste Management Inc. | 0.29% | 2,853 | $653K | Add +0.7% |
| FANG Diamondback Energy Inc. | 0.29% | 4,689 | $644K | Add +1.4% |
| SRE Sempra | 0.28% | 8,476 | $642K | Add +1.6% |
| TDY Teledyne Technologies Inc. | 0.28% | 1,233 | $632K | No change |
| NSC Norfolk Southern Corp. | 0.28% | 2,429 | $622K | Add +2.8% |
| PAYX Paychex Inc. | 0.26% | 4,044 | $588K | No change |
| NTNX Nutanix Inc. Class A | 0.26% | 7,670 | $586K | Reduce -0.3% |
| PEG Public Service Enterprise GP | 0.25% | 6,685 | $563K | Reduce -0.4% |
| CELH Celsius Holdings Inc. | 0.25% | 12,080 | $560K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 1,126 | $547K | Reduce -1.8% |
| ROP Roper Technologies Inc. | 0.24% | 963 | $546K | No change |
| SYK Stryker Corp. | 0.24% | 1,372 | $543K | Add +0.9% |
| BMY Bristol-Myers Squibb Co. | 0.24% | 11,628 | $538K | Reduce -0.4% |
| PLD Prologis Inc. | 0.23% | 5,032 | $529K | Add +4.8% |
| USMV iShares MSCI USA Min Vol Fac | 0.23% | 5,623 | $528K | Add +1.1% |
| GPC Genuine Parts Co. | 0.23% | 4,330 | $525K | No change |
| SBUX Starbucks Corp. | 0.23% | 5,682 | $521K | Reduce -18.9% |
| AON Aon PLC Class A | 0.22% | 1,409 | $503K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| LMT Lockheed Martin Corp. | Reduce -76.5% | 0.36% | −1.22 |
| APD Air Products & Chemicals Inc. | Reduce -41.5% | 0.68% | −0.62 |
| PEP Pepsico Inc. | Reduce -1.1% | 1.62% | −0.37 |
| V Visa Inc. Class A | Reduce -4.5% | 2.96% | −0.31 |
| LOW Lowe's Cos Inc. | Reduce -1.8% | 1.96% | −0.28 |
| AAPL Apple Inc. | Reduce -1.4% | 1.59% | −0.28 |
| CCI Crown Castle Inc. | Reduce -14.9% | 0.75% | −0.21 |
| ACN Accenture PLC Class A | Reduce -0.8% | 1.63% | −0.20 |
| CVX Chevron Corp. | Reduce -0.4% | 0.77% | −0.20 |
| ILMN Illumina Inc. | Sold out | 0.00% | −0.14 |
| AMGN Amgen Inc. | Reduce -5.2% | 0.52% | −0.13 |
| JMBS Janus Henderson Mortg Backed | Reduce -2.8% | 1.24% | −0.13 |
| LLY Eli Lilly & Co. | Reduce -5.5% | 0.60% | −0.12 |
| UNP Union Pacific Corp. | Reduce -8.1% | 0.55% | −0.11 |
| JNJ Johnson & Johnson | Reduce -13.1% | 0.31% | −0.10 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.4% | 0.24% | −0.10 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.10 |
| SBUX Starbucks Corp. | Reduce -18.9% | 0.23% | −0.10 |
| AME Ametek Inc. | Reduce -2.3% | 2.17% | −0.09 |
| RELL Richardson Elec Ltd. | Sold out | 0.00% | −0.08 |
| DIS The Walt Disney Co. | Reduce -28.5% | 0.40% | −0.08 |
| YELP Yelp Inc. | Reduce -6.2% | 0.32% | −0.07 |
| OBIL F/M US Treasury 12 Month Bil | Reduce -2.5% | 0.63% | −0.06 |
| DE Deere & Co. | Reduce -3.8% | 2.13% | −0.06 |
| BAC Bank of America Corp. | Reduce -11.0% | 0.80% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.8% | 0.24% | −0.05 |
| GILD Gilead Sciences Inc. | Reduce -0.4% | 0.50% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -15.6% | 0.29% | −0.04 |
| TGT Target Corp. | Reduce -7.4% | 0.18% | −0.04 |
| DGRO iShares Core Dividend Growth | Reduce -1.9% | 0.75% | −0.04 |
| ETR Entergy Corp. | Reduce -1.1% | 0.35% | −0.04 |
| HD Home Depot Inc. | Reduce -0.6% | 0.49% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -1.7% | 0.56% | −0.04 |
| FMAO Farmers & Merchants Banco | Reduce -1.0% | 1.55% | −0.03 |
| SO The Southern Co. | Reduce -1.0% | 0.41% | −0.03 |
| PFE Pfizer Inc. | Reduce -2.1% | 0.20% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -2.6% | 0.54% | −0.03 |
| MBBB Vaneck Moody's Analytics BBB | Reduce -5.7% | 0.17% | −0.02 |
| TRV The Travelers Cos Inc. | Reduce -0.7% | 0.32% | −0.02 |
| INGR Ingredion Inc. | Reduce -1.8% | 0.17% | −0.01 |
| CB Chubb Ltd. | Reduce -1.2% | 0.10% | −0.01 |
| HON Honeywell International Inc. | Reduce -5.3% | 0.47% | −0.01 |
| PEG Public Service Enterprise GP | Reduce -0.4% | 0.25% | −0.01 |
| GNRC Generac Holdings Inc. | Reduce -10.2% | 0.17% | −0.01 |
| USFR Wisdomtree Floating Rate Tre | Reduce -0.7% | 0.11% | −0.01 |
| GWW WW Grainger Inc. | Reduce -2.9% | 0.18% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -5.4% | 0.12% | −0.01 |
| JPIN JPM Diversified Ret Intl Eq | Reduce -4.1% | 0.14% | +0.00 |
| WMT Walmart Inc. | Reduce -1.8% | 0.12% | +0.00 |
| CSCO Cisco Systems Inc. | Reduce -4.3% | 0.48% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| RTX RTX Corp. | Add +209.1% | 1.95% | +1.34 |
| FISV Fiserv Inc. | New | 0.62% | +0.62 |
| UBER Uber Technologies Inc. | Add +9.5% | 1.33% | +0.32 |
| MRVL Marvell Technology Inc. | Add +1.6% | 1.76% | +0.28 |
| CERT Certara Inc. | Add +24.9% | 0.70% | +0.19 |
| UPS United Parcel Service Class B | Add +82.0% | 0.50% | +0.18 |
| ORCL Oracle Corp. | New | 0.12% | +0.12 |
| GH Guardant Health Inc. | New | 0.11% | +0.11 |
| ADI Analog Devices Inc. | New | 0.11% | +0.11 |
| COHR Coherent Corp. | New | 0.11% | +0.11 |
| GOOGL Alphabet Inc. Class A | Add +1.4% | 1.47% | +0.11 |
| AXP American Express Co. | New | 0.10% | +0.10 |
| VRSN Verisign Inc. | New | 0.10% | +0.10 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.09% | +0.09 |
| CRAI Cra International Inc. | New | 0.09% | +0.09 |
| LHX L3HARRIS Technologies Inc. | Add +1.5% | 0.38% | +0.05 |
| KEYS Keysight Technologies Inc. | Add +1.2% | 1.19% | +0.04 |
| WDAY Workday Inc. Class A | Add +6.7% | 1.54% | +0.04 |
| CP Canadian Pacific Kansas City | Add +12.6% | 0.22% | +0.04 |
| FDX FedEx Corp. | Add +39.1% | 0.14% | +0.03 |
| VLTO Veralto Corp. | Add +20.9% | 0.12% | +0.02 |
| VRIG Invesco Variable Rate Invest | Add +19.6% | 0.17% | +0.02 |
| PSTL Postal Realty Trust Inc. Class A | Add +20.4% | 0.13% | +0.02 |
| SHOP Shopify Inc. Class A | Add +4.8% | 0.11% | +0.02 |
| CARY Angel Oak Income ETF | Add +8.4% | 1.15% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +0.1% | 0.51% | +0.01 |
| CRM Salesforce Inc. | Add +15.0% | 0.15% | +0.01 |
| NUE Nucor Corp. | Add +10.5% | 0.11% | +0.01 |
| NSC Norfolk Southern Corp. | Add +2.8% | 0.28% | +0.01 |
| JPSE JPM Diversified RT Small Cap | Add +5.2% | 0.20% | +0.01 |
| PNC PNC Financial Services Group | Add +1.5% | 0.43% | +0.00 |
| SRE Sempra | Add +1.6% | 0.28% | +0.00 |
| GD General Dynamics Corp. | Add +0.3% | 0.38% | +0.00 |
| MOAT Vaneck Morningstar Wide Moat | Add +0.6% | 0.56% | +0.00 |
| SYK Stryker Corp. | Add +0.9% | 0.24% | +0.00 |
| JQUA JPMorgan US Quality Factor | Add +0.4% | 0.52% | −0.00 |
| KTB Kontoor Brands Inc. | Add +1.2% | 0.15% | −0.00 |
| NOC Northrop Grumman Corp. | Add +7.0% | 0.17% | −0.00 |
| ADBE Adobe Inc. | Add +1.1% | 0.14% | −0.01 |
| CVS CVS Health Corp. | Add +2.3% | 0.35% | −0.01 |
| ABT Abbott Laboratories | Add +0.7% | 0.29% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Add +1.1% | 0.23% | −0.01 |
| VNQ Vanguard Real Estate ETF | Add +1.5% | 0.19% | −0.01 |
| WTRG Essential Utilities Inc. | Add +1.1% | 0.15% | −0.02 |
| PLD Prologis Inc. | Add +4.8% | 0.23% | −0.02 |
| WM Waste Management Inc. | Add +0.7% | 0.29% | −0.02 |
| VFC VF Corp. | Add +5.8% | 0.09% | −0.03 |
| AEP American Electric Power | Add +0.8% | 0.30% | −0.04 |
| PKG Packaging Corp. of America | Add +0.4% | 0.38% | −0.05 |
| SJM The JM Smucker Co. | Add +1.8% | 0.19% | −0.05 |
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 |