Mendel Money Management
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Mendel Money Management reported 147 stock positions worth $238.9 million. Its top holding was Microsoft (MSFT) at 4.2% of the portfolio, followed by Amazon.com (AMZN, 3.6%) and Alphabet Class C (GOOG, 3.4%). Compared with Q3 2025, it opened 4 new positions, sold out of 7, added to 39 and reduced 84. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +139%) and the biggest sale Workday Class A (WDAY, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- NORTHBROOK, IL
- CIK
- 0001600585
- Portfolio Value
- $238.9M (Q4 2025)
- SEC Filing
- 0001600585-26-000002 ↗ filed Jan 29, 2026
Holdings Value
Holdings 147 stocks · $238.9M
| MSFT Microsoft Corp. | 4.22% | 20,835 | $10.1M | Reduce -1.7% |
| AMZN Amazon.com Inc. | 3.63% | 37,575 | $8.7M | Reduce -3.2% |
| GOOG Alphabet Inc. Class C | 3.41% | 25,950 | $8.1M | Reduce -9.4% |
| TMO Thermo Fisher Scientific Inc. | 2.78% | 11,452 | $6.6M | Add +0.3% |
| V Visa Inc. Class A | 2.70% | 18,371 | $6.4M | Reduce -1.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.62% | 21,117 | $6.3M | Reduce -3.4% |
| RTX RTX Corp. | 2.34% | 30,536 | $5.6M | Reduce -2.1% |
| AME Ametek Inc. | 2.34% | 27,268 | $5.6M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 2.34% | 17,877 | $5.6M | Reduce -4.1% |
| DHR Danaher Corp. | 2.14% | 22,344 | $5.1M | Reduce -3.4% |
| GEV GE Vernova Inc. | 2.10% | 7,685 | $5.0M | Reduce -4.4% |
| PANW Palo Alto Networks Inc. | 2.04% | 26,497 | $4.9M | Add +0.6% |
| LIN Linde PLC | 2.04% | 11,419 | $4.9M | Add +5.8% |
| LOW Lowe's Cos Inc. | 1.92% | 19,010 | $4.6M | Reduce -4.4% |
| AAPL Apple Inc. | 1.90% | 16,677 | $4.5M | Reduce -0.7% |
| AVGO Broadcom Inc. | 1.77% | 12,243 | $4.2M | Reduce -4.0% |
| NXPI NXP Semiconductors NV | 1.69% | 18,563 | $4.0M | Reduce -6.3% |
| MRVL Marvell Technology Inc. | 1.62% | 45,607 | $3.9M | Reduce -9.6% |
| ACN Accenture PLC Class A | 1.45% | 12,884 | $3.5M | Reduce -1.4% |
| DE Deere & Co. | 1.43% | 7,359 | $3.4M | Reduce -4.9% |
| PWR Quanta Services Inc. | 1.38% | 7,821 | $3.3M | Add +3.2% |
| LFUS Littelfuse Inc. | 1.33% | 12,526 | $3.2M | Reduce -0.6% |
| FMAO Farmers & Merchants Banco | 1.32% | 127,553 | $3.2M | Reduce -6.7% |
| KEYS Keysight Technologies Inc. | 1.26% | 14,834 | $3.0M | Reduce -7.3% |
| ULS Ul Solutions Inc. Class A | 1.21% | 36,717 | $2.9M | Reduce -11.3% |
| UBER Uber Technologies Inc. | 1.18% | 34,632 | $2.8M | Add +5.8% |
| ACIO Aptus Collared Invest Opp | 1.10% | 59,932 | $2.6M | Add +31.6% |
| DRSK Aptus Defined Risk ETF | 1.09% | 91,344 | $2.6M | Add +53.7% |
| CARY Angel Oak Income ETF | 1.08% | 123,778 | $2.6M | Reduce -1.4% |
| ABBV Abbvie Inc. | 1.07% | 11,159 | $2.5M | Reduce -1.9% |
| JPM JPMorgan Chase & Co. | 1.06% | 7,869 | $2.5M | Add +1.4% |
| JAAA Janus Henderson Aaa Clo ETF | 0.98% | 46,355 | $2.3M | Add +2.0% |
| NOW ServiceNow Inc. | 0.97% | 15,126 | $2.3M | Add +42.3% |
| PEP Pepsico Inc. | 0.87% | 14,479 | $2.1M | Reduce -11.5% |
| DMBS Doubleline Mortgage ETF | 0.84% | 40,657 | $2.0M | Add +56.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.83% | 2,922 | $2.0M | Add +138.7% |
| DLR Digital Realty Trust Inc. | 0.79% | 12,131 | $1.9M | Reduce -26.6% |
| CAT Caterpillar Inc. | 0.78% | 3,244 | $1.9M | Reduce -1.7% |
| CVX Chevron Corp. | 0.74% | 11,609 | $1.8M | Reduce -1.4% |
| LLY Eli Lilly & Co. | 0.73% | 1,634 | $1.8M | Reduce -9.3% |
| DGRO iShares Core Dividend Growth | 0.69% | 23,884 | $1.7M | Reduce -7.1% |
| WDAY Workday Inc. Class A | 0.68% | 7,609 | $1.6M | Reduce -46.9% |
| PH Parker Hannifin Corp. | 0.68% | 1,854 | $1.6M | No change |
| XONE Bondbloxx BBG 1 Dur US Treas | 0.68% | 32,696 | $1.6M | Add +91.1% |
| SNPS Synopsys Inc. | 0.67% | 3,431 | $1.6M | Reduce -23.8% |
| WMT Walmart Inc. | 0.66% | 14,217 | $1.6M | Add +41.1% |
| UNH Unitedhealth Group Inc. | 0.66% | 4,772 | $1.6M | Reduce -7.7% |
| CGNG Cap Group New Geography Eq filed as CAPITAL GROUP NEW GEOGRAPHY | 0.61% | 45,329 | $1.4M | Reduce -4.8% |
| MCD McDonald's Corp. | 0.58% | 4,529 | $1.4M | No change |
| UPS United Parcel Service Class B | 0.57% | 13,795 | $1.4M | Add +20.6% |
| AMGN Amgen Inc. | 0.57% | 4,130 | $1.4M | Reduce -0.1% |
| ISRG Intuitive Surgical Inc. | 0.55% | 2,334 | $1.3M | Add +6.7% |
| OSCV Opus Small Cap Value ETF | 0.55% | 35,364 | $1.3M | Add +42.8% |
| MOAT Vaneck Morningstar Wide Moat | 0.55% | 12,635 | $1.3M | Reduce -2.2% |
| MA Mastercard Inc. Class A | 0.54% | 2,269 | $1.3M | No change |
| JQUA JPMorgan US Quality Factor | 0.53% | 19,905 | $1.3M | Add +2.6% |
| CSV Carriage Services Inc. | 0.52% | 29,495 | $1.2M | Reduce -26.1% |
| CHE Chemed Corp. | 0.52% | 2,890 | $1.2M | Add +85.6% |
| ANET Arista Networks Inc. | 0.51% | 9,226 | $1.2M | Reduce -23.7% |
| CSCO Cisco Systems Inc. | 0.49% | 15,157 | $1.2M | Reduce -2.6% |
| GILD Gilead Sciences Inc. | 0.47% | 9,177 | $1.1M | Reduce -9.0% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.47% | 26,785 | $1.1M | Add +16.3% |
| AMT American Tower Corp. | 0.46% | 6,200 | $1.1M | Add +105.6% |
| HD Home Depot Inc. | 0.45% | 3,113 | $1.1M | Add +3.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.44% | 19,135 | $1.1M | Reduce -10.2% |
| COST Costco Wholesale Corp. | 0.44% | 1,209 | $1.0M | Add +1.3% |
| ROK Rockwell Automation Inc. | 0.43% | 2,627 | $1.0M | Reduce -3.7% |
| LHX L3HARRIS Technologies Inc. | 0.42% | 3,430 | $1.0M | No change |
| CRAI Cra International Inc. | 0.42% | 4,995 | $1.0M | Add +364.6% |
| GD General Dynamics Corp. | 0.42% | 2,948 | $992K | No change |
| GXO Gxo Logistics Inc. | 0.41% | 18,645 | $981K | Reduce -32.3% |
| NVDA Nvidia Corp. | 0.41% | 5,261 | $981K | Add +73.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.41% | 12,163 | $976K | Add +131.0% |
| JMBS Janus Henderson Mortg Backed | 0.40% | 21,172 | $967K | Reduce -36.8% |
| PNC PNC Financial Services Group | 0.40% | 4,618 | $964K | Reduce -10.7% |
| MRK Merck & Co. Inc. | 0.40% | 9,050 | $953K | Add +4.0% |
| FANG Diamondback Energy Inc. | 0.40% | 6,336 | $952K | Add +37.3% |
| JNJ Johnson & Johnson | 0.39% | 4,469 | $925K | Reduce -0.9% |
| PKG Packaging Corp. of America | 0.38% | 4,434 | $914K | Reduce -1.3% |
| CVS CVS Health Corp. | 0.37% | 11,167 | $886K | Reduce -2.6% |
| APD Air Products & Chemicals Inc. | 0.37% | 3,564 | $880K | Reduce -24.0% |
| ETR Entergy Corp. | 0.37% | 9,519 | $880K | No change |
| SO The Southern Co. | 0.37% | 10,074 | $878K | Reduce -0.1% |
| JPIN JPM Diversified Ret Intl Eq filed as J P MORGAN EXCHANGE TRADED F | 0.36% | 12,482 | $851K | Add +52.2% |
| HON Honeywell International Inc. | 0.33% | 4,004 | $781K | Reduce -19.7% |
| SRE Sempra | 0.32% | 8,531 | $753K | No change |
| TRV The Travelers Cos Inc. | 0.30% | 2,482 | $720K | Reduce -9.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.30% | 6,291 | $716K | Reduce -7.5% |
| UNP Union Pacific Corp. | 0.30% | 3,086 | $714K | Reduce -18.1% |
| NOC Northrop Grumman Corp. | 0.30% | 1,242 | $708K | No change |
| CERT Certara Inc. | 0.30% | 80,335 | $708K | Reduce -41.2% |
| ITW Illinois Tool Works | 0.29% | 2,815 | $693K | No change |
| NSC Norfolk Southern Corp. | 0.29% | 2,365 | $683K | Reduce -0.9% |
| AEP American Electric Power | 0.28% | 5,798 | $669K | Reduce -3.3% |
| SYK Stryker Corp. | 0.27% | 1,803 | $634K | Add +31.4% |
| TDY Teledyne Technologies Inc. | 0.26% | 1,233 | $630K | No change |
| PLD Prologis Inc. | 0.26% | 4,914 | $627K | No change |
| WM Waste Management Inc. | 0.26% | 2,826 | $621K | Reduce -2.6% |
| LMT Lockheed Martin Corp. | 0.26% | 1,277 | $618K | Reduce -3.8% |
| APH Amphenol Corp. Class A | 0.25% | 4,448 | $601K | New |
Portfolio Sells Q3 2025 → Q4 2025
| WDAY Workday Inc. Class A | Reduce -46.9% | 0.68% | −0.77 |
| FISV Fiserv Inc. | Reduce -38.9% | 0.23% | −0.50 |
| DLR Digital Realty Trust Inc. | Reduce -26.6% | 0.79% | −0.42 |
| CERT Certara Inc. | Reduce -41.2% | 0.30% | −0.41 |
| MSFT Microsoft Corp. | Reduce -1.7% | 4.22% | −0.40 |
| OBIL F/M US Treasury 12 Month Bil | Sold out | 0.00% | −0.34 |
| SNPS Synopsys Inc. | Reduce -23.8% | 0.67% | −0.26 |
| JMBS Janus Henderson Mortg Backed | Reduce -36.8% | 0.40% | −0.24 |
| ANET Arista Networks Inc. | Reduce -23.7% | 0.51% | −0.23 |
| CSV Carriage Services Inc. | Reduce -26.1% | 0.52% | −0.23 |
| NXPI NXP Semiconductors NV | Reduce -6.3% | 1.69% | −0.21 |
| GXO Gxo Logistics Inc. | Reduce -32.3% | 0.41% | −0.20 |
| LOW Lowe's Cos Inc. | Reduce -4.4% | 1.92% | −0.18 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.18 |
| APD Air Products & Chemicals Inc. | Reduce -24.0% | 0.37% | −0.17 |
| MRVL Marvell Technology Inc. | Reduce -9.6% | 1.62% | −0.16 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.15 |
| NTNX Nutanix Inc. Class A | Reduce -36.1% | 0.10% | −0.13 |
| FMAO Farmers & Merchants Banco | Reduce -6.7% | 1.32% | −0.12 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.12 |
| HON Honeywell International Inc. | Reduce -19.7% | 0.33% | −0.11 |
| YELP Yelp Inc. | Sold out | 0.00% | −0.10 |
| SJM The JM Smucker Co. | Reduce -44.5% | 0.10% | −0.10 |
| PEP Pepsico Inc. | Reduce -11.5% | 0.87% | −0.10 |
| VRSN Verisign Inc. | Sold out | 0.00% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -7.7% | 0.66% | −0.09 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.08 |
| PAYX Paychex Inc. | Reduce -30.9% | 0.13% | −0.08 |
| UNP Union Pacific Corp. | Reduce -18.1% | 0.30% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -28.7% | 0.17% | −0.07 |
| VRIG Invesco Variable Rate Invest | Reduce -42.9% | 0.09% | −0.07 |
| SBUX Starbucks Corp. | Reduce -27.4% | 0.14% | −0.05 |
| DE Deere & Co. | Reduce -4.9% | 1.43% | −0.05 |
| PYPL PayPal Holdings Inc. | Reduce -27.3% | 0.09% | −0.05 |
| GNRC Generac Holdings Inc. | Reduce -10.6% | 0.14% | −0.05 |
| PFE Pfizer Inc. | Reduce -27.3% | 0.12% | −0.05 |
| ORCL Oracle Corp. | Reduce -5.0% | 0.10% | −0.05 |
| KTB Kontoor Brands Inc. | Reduce -8.0% | 0.12% | −0.05 |
| LFUS Littelfuse Inc. | Reduce -0.6% | 1.33% | −0.05 |
| FDX FedEx Corp. | Reduce -43.1% | 0.10% | −0.04 |
| DGRO iShares Core Dividend Growth | Reduce -7.1% | 0.69% | −0.04 |
| ABBV Abbvie Inc. | Reduce -1.9% | 1.07% | −0.04 |
| TGT Target Corp. | Reduce -30.5% | 0.11% | −0.03 |
| SO The Southern Co. | Reduce -0.1% | 0.37% | −0.03 |
| PNC PNC Financial Services Group | Reduce -10.7% | 0.40% | −0.03 |
| GPC Genuine Parts Co. | Reduce -0.7% | 0.22% | −0.03 |
| PKG Packaging Corp. of America | Reduce -1.3% | 0.38% | −0.03 |
| CVX Chevron Corp. | Reduce -1.4% | 0.74% | −0.03 |
| DIS The Walt Disney Co. | Reduce -7.5% | 0.30% | −0.03 |
| VLTO Veralto Corp. | Reduce -15.4% | 0.10% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Add +138.7% | 0.83% | +0.49 |
| TMO Thermo Fisher Scientific Inc. | Add +0.3% | 2.78% | +0.45 |
| DRSK Aptus Defined Risk ETF | Add +53.7% | 1.09% | +0.37 |
| CRAI Cra International Inc. | Add +364.6% | 0.42% | +0.33 |
| XONE Bondbloxx BBG 1 Dur US Treas | Add +91.1% | 0.68% | +0.32 |
| DMBS Doubleline Mortgage ETF | Add +56.8% | 0.84% | +0.30 |
| ACIO Aptus Collared Invest Opp | Add +31.6% | 1.10% | +0.26 |
| APH Amphenol Corp. Class A | New | 0.25% | +0.25 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +131.0% | 0.41% | +0.23 |
| WMT Walmart Inc. | Add +41.1% | 0.66% | +0.23 |
| CHE Chemed Corp. | Add +85.6% | 0.52% | +0.22 |
| AMT American Tower Corp. | Add +105.6% | 0.46% | +0.21 |
| AME Ametek Inc. | Add +0.3% | 2.34% | +0.19 |
| NVDA Nvidia Corp. | Add +73.2% | 0.41% | +0.17 |
| UPS United Parcel Service Class B | Add +20.6% | 0.57% | +0.17 |
| OSCV Opus Small Cap Value ETF | Add +42.8% | 0.55% | +0.15 |
| META Meta Platforms Inc. Class A | New | 0.15% | +0.15 |
| NOW ServiceNow Inc. | Add +42.3% | 0.97% | +0.15 |
| ISRG Intuitive Surgical Inc. | Add +6.7% | 0.55% | +0.14 |
| JPIN JPM Diversified Ret Intl Eq | Add +52.2% | 0.36% | +0.13 |
| FANG Diamondback Energy Inc. | Add +37.3% | 0.40% | +0.12 |
| VWO Vanguard Ftse Emerging Marke | New | 0.10% | +0.10 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.09% | +0.09 |
| MRK Merck & Co. Inc. | Add +4.0% | 0.40% | +0.09 |
| GSEW Goldman Sachs Eql WGHT Large | Add +69.9% | 0.22% | +0.09 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Add +16.3% | 0.47% | +0.08 |
| FRDM Freedom 100 Emeging MRKT ETF | Add +55.4% | 0.16% | +0.07 |
| PWR Quanta Services Inc. | Add +3.2% | 1.38% | +0.06 |
| SYK Stryker Corp. | Add +31.4% | 0.27% | +0.05 |
| NEE Nextera Energy Inc. | Add +44.3% | 0.14% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +1.4% | 1.06% | +0.03 |
| MBBB Vaneck Moody's Analytics BBB | Add +13.1% | 0.17% | +0.02 |
| JQUA JPMorgan US Quality Factor | Add +2.6% | 0.53% | +0.01 |
| JAAA Janus Henderson Aaa Clo ETF | Add +2.0% | 0.98% | +0.01 |
| GWW WW Grainger Inc. | Add +1.0% | 0.17% | +0.01 |
| ROP Roper Technologies Inc. | Add +17.8% | 0.21% | +0.01 |
| PSTL Postal Realty Trust Inc. Class A | Add +3.4% | 0.15% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.3% | 0.10% | +0.00 |
| COST Costco Wholesale Corp. | Add +1.3% | 0.44% | −0.03 |
| HD Home Depot Inc. | Add +3.7% | 0.45% | −0.06 |
| LIN Linde PLC | Add +5.8% | 2.04% | −0.12 |
| UBER Uber Technologies Inc. | Add +5.8% | 1.18% | −0.16 |
| PANW Palo Alto Networks Inc. | Add +0.6% | 2.04% | −0.21 |
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 |