Pennsylvania Capital Management Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 24, 2026), Pennsylvania Capital Management Inc. reported 121 stock positions worth $393.8 million. Its top holding was Apple (AAPL) at 10.3% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 8.8%) and Microsoft (MSFT, 7.1%). Compared with Q1 2026, it opened 14 new positions, sold out of 3, added to 33 and reduced 38. The biggest buy was JPMorgan Ultra-Short Income (JPST, shares +307%) and the biggest sale Microsoft (MSFT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- HUNTINGDON VALLEY, PA
- CIK
- 0001004140
- Portfolio Value
- $393.8M (Q2 2026)
- SEC Filing
- 0001004140-26-000005 ↗ filed Jul 24, 2026
Holdings Value
Holdings 121 stocks · $393.8M
| AAPL Apple Inc. | 10.29% | 140,052 | $40.5M | Reduce -5.9% |
| IVV iShares Core S&P 500 ETF | 8.84% | 46,506 | $34.8M | Add +2.0% |
| MSFT Microsoft Corp. | 7.14% | 75,371 | $28.1M | Reduce -2.6% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 5.51% | 698,020 | $21.7M | Add +3.4% |
| JPIE JPMorgan Income ETF | 5.45% | 466,095 | $21.5M | Add +1.0% |
| AMZN Amazon.com Inc. | 4.86% | 80,292 | $19.1M | Reduce -7.9% |
| BINC iShares Flex I A ETF-Usd Inc. | 4.82% | 362,510 | $19.0M | Add +1.1% |
| NVDA Nvidia Corp. | 4.03% | 79,243 | $15.9M | Reduce -0.9% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 3.84% | 286,731 | $15.1M | Add +3.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 3.41% | 152,625 | $13.4M | Reduce -0.8% |
| VOO Vanguard S&P 500 ETF | 2.97% | 17,050 | $11.7M | Reduce -0.1% |
| JNJ Johnson & Johnson | 2.75% | 42,653 | $10.8M | Reduce -0.7% |
| IJH iShares Core S&P Midcap ETF | 2.32% | 118,382 | $9.1M | Add +0.3% |
| SMH Vaneck Semiconductor ETF | 2.31% | 13,892 | $9.1M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 1.84% | 20,317 | $7.3M | Reduce -6.3% |
| SOXX iShares Semiconductor ETF | 1.30% | 7,990 | $5.1M | Reduce -0.4% |
| LLY Eli Lilly & Co. | 1.28% | 4,204 | $5.0M | Add +1.6% |
| JPST JPMorgan Ultra-Short Income | 1.28% | 99,482 | $5.0M | Add +307.0% |
| VMC Vulcan Materials Co. | 1.14% | 15,219 | $4.5M | Reduce -0.7% |
| DSI iShares ESG MSCI KLD 400 ETF | 1.13% | 31,148 | $4.4M | Add +18.9% |
| IXUS iShares Core Intl Stock ETF | 1.03% | 42,618 | $4.1M | No change |
| SCHX Schwab US Large-Cap ETF | 0.96% | 128,782 | $3.8M | Add +36.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.92% | 4,863 | $3.6M | Reduce -0.9% |
| IJR iShares Core S&P Small-Cap E | 0.92% | 24,464 | $3.6M | Reduce -1.3% |
| XLY SS Consumer Disc Select Sect | 0.92% | 30,720 | $3.6M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.73% | 35,463 | $2.9M | No change |
| TSLA Tesla Inc. | 0.61% | 5,669 | $2.4M | Reduce -38.8% |
| CZNC Citizens & Northern Corp. | 0.59% | 99,967 | $2.3M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.59% | 7,619 | $2.3M | Add +0.0% |
| GOOG Alphabet Inc. Class C | 0.58% | 6,438 | $2.3M | Reduce -0.3% |
| SCHD Schwab US DVD Equity ETF | 0.56% | 69,237 | $2.2M | Reduce -7.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.53% | 4,175 | $2.1M | Add +3.7% |
| ADI Analog Devices Inc. | 0.51% | 5,075 | $2.0M | Reduce -2.4% |
| MS Morgan Stanley | 0.47% | 8,817 | $1.8M | No change |
| SCHG Schwab US Large-Cap Growth | 0.46% | 53,696 | $1.8M | Add +14.0% |
| EPD Enterprise Products Partners | 0.40% | 43,335 | $1.6M | No change |
| SCHM Schwab US Mid Cap ETF | 0.40% | 42,803 | $1.6M | Add +24.7% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.38% | 4,882 | $1.5M | No change |
| XOM Exxon Mobil Corp. | 0.37% | 10,567 | $1.4M | No change |
| RTX RTX Corp. | 0.36% | 7,514 | $1.4M | No change |
| IVW iShares S&P 500 Growth ETF | 0.36% | 10,356 | $1.4M | No change |
| VYM Vanguard High DVD Yield ETF | 0.36% | 8,976 | $1.4M | Reduce -14.0% |
| IVES Dan Wedbush AI Rev ETF | 0.35% | 36,533 | $1.4M | Reduce -5.3% |
| VOX Vanguard Communication Servi | 0.32% | 6,952 | $1.3M | No change |
| JPM JPMorgan Chase & Co. | 0.29% | 3,546 | $1.2M | Add +30.6% |
| NEE Nextera Energy Inc. | 0.29% | 13,131 | $1.2M | Add +0.0% |
| IVE iShares S&P 500 Value ETF | 0.29% | 5,034 | $1.1M | Reduce -0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.29% | 3,081 | $1.1M | Reduce -16.8% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.28% | 21,463 | $1.1M | Reduce -9.5% |
| CNC Centene Corp. | 0.27% | 16,691 | $1.1M | Reduce -21.2% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.24% | 15,585 | $958K | Add +14.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 1,274 | $938K | No change |
| META Meta Platforms Inc. Class A | 0.22% | 1,564 | $881K | Reduce -0.3% |
| TXN Texas Instruments Inc. | 0.22% | 2,898 | $864K | Reduce -7.9% |
| COF Capital One Financial Corp. | 0.21% | 4,102 | $823K | No change |
| BX Blackstone Inc. | 0.19% | 6,437 | $757K | Reduce -5.2% |
| AVGO Broadcom Inc. | 0.19% | 1,974 | $746K | Reduce -12.6% |
| AMP Ameriprise Financial Inc. | 0.19% | 1,606 | $737K | No change |
| JBND JPMorgan Active Bond ETF | 0.19% | 13,770 | $737K | No change |
| SCHA Schwab US Small-Cap ETF | 0.18% | 19,457 | $703K | Add +4.7% |
| MINO PIMCO Municipal Income Oppor | 0.17% | 14,811 | $678K | Add +110.1% |
| XLF SS Financial Select Sector | 0.17% | 12,406 | $665K | No change |
| PFF iShares Preferred & Income S | 0.17% | 21,590 | $658K | No change |
| PANW Palo Alto Networks Inc. | 0.16% | 1,799 | $613K | New |
| AMD Advanced Micro Devices | 0.15% | 1,035 | $601K | Reduce -1.8% |
| SPCX Space Exploration Techn Class A | 0.15% | 3,439 | $588K | New |
| FTNT Fortinet Inc. | 0.15% | 3,800 | $584K | No change |
| IWB iShares Russell 1000 ETF | 0.15% | 1,418 | $581K | No change |
| CGNG Cap Group New Geography Eq filed as CAPITAL GROUP NEW GEOGRAPHY | 0.14% | 14,880 | $557K | Add +72.8% |
| COST Costco Wholesale Corp. | 0.14% | 585 | $547K | Add +3.5% |
| SYF Synchrony Financial | 0.14% | 7,144 | $543K | No change |
| ERIE Erie Indemnity Company Class A | 0.14% | 2,250 | $539K | Reduce -11.8% |
| FULT Fulton Financial Corp. | 0.13% | 21,900 | $530K | No change |
| XLE SS Energy Select Sector | 0.13% | 9,786 | $520K | Add +3.4% |
| SMHX Vaneck Fables Smicndctr ETF | 0.13% | 7,810 | $499K | No change |
| JEPI JPMorgan Equity Premium Inco | 0.13% | 8,739 | $494K | Reduce -23.3% |
| VCRM Vanguard Core Tax-Ex Bond | 0.13% | 6,444 | $492K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.12% | 2,037 | $482K | Add +12.9% |
| IBIT iShares Bitcoin Trust ETF | 0.12% | 14,138 | $471K | Add +86.8% |
| GD General Dynamics Corp. | 0.12% | 1,320 | $468K | No change |
| VSDM Vanguard Short Tax-Ex Bond | 0.12% | 6,092 | $467K | New |
| CW Curtiss-Wright Corp. | 0.12% | 613 | $465K | No change |
| FELG Fidelity Enh LRG Cap GWTH | 0.12% | 10,595 | $464K | Reduce -8.8% |
| LPLA LPL Financial Holdings Inc. | 0.11% | 1,572 | $443K | No change |
| QCOM Qualcomm Inc. | 0.11% | 2,321 | $429K | Reduce -11.9% |
| GS Goldman Sachs Group Inc. | 0.11% | 420 | $425K | Add +16.0% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.11% | 5,529 | $418K | Reduce -39.9% |
| GPIX GLDM SA S&P 500 PR in ETF-US | 0.11% | 7,466 | $415K | No change |
| CEG Constellation Energy | 0.10% | 1,634 | $406K | No change |
| BAC Bank of America Corp. | 0.10% | 7,022 | $400K | No change |
| DRAM Roundhill Memory ETF | 0.10% | 5,369 | $397K | New |
| VGMS Vanguard Multi-Sector | 0.09% | 7,238 | $371K | New |
| CMG Chipotle Mexican Grill Inc. | 0.08% | 9,700 | $330K | No change |
| CGHM Cap Group Muni High-Income | 0.08% | 12,757 | $330K | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.08% | 3,654 | $315K | No change |
| WMT Walmart Inc. | 0.08% | 2,632 | $298K | Add +0.8% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.07% | 5,801 | $286K | Add +7.6% |
| JMUB JPMorgan Municipal ETF | 0.07% | 5,614 | $284K | Add +14.1% |
| CAT Caterpillar Inc. | 0.07% | 267 | $284K | New |
| TMO Thermo Fisher Scientific Inc. | 0.07% | 557 | $279K | Reduce -21.1% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $984K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 621 | $718K | Reduce -3.7% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 212 | $266K | No change |
Total filed on the 13F, all lines: $394.8M.
Portfolio Sells Q1 2026 → Q2 2026
| MSFT Microsoft Corp. | Reduce -2.6% | 7.14% | −1.08 |
| AAPL Apple Inc. | Reduce -5.9% | 10.29% | −0.55 |
| TSLA Tesla Inc. | Reduce -38.8% | 0.61% | −0.38 |
| AMZN Amazon.com Inc. | Reduce -7.9% | 4.86% | −0.35 |
| JNJ Johnson & Johnson | Reduce -0.7% | 2.75% | −0.26 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.23 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −0.16 |
| VTES Vanguard SH Term Tax-Ex Bond | Reduce -69.5% | 0.05% | −0.15 |
| SCHD Schwab US DVD Equity ETF | Reduce -7.1% | 0.56% | −0.10 |
| VBIL Vanguard 0-3M T-Bill ETF | Reduce -39.9% | 0.11% | −0.09 |
| VYM Vanguard High DVD Yield ETF | Reduce -14.0% | 0.36% | −0.08 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.07 |
| JMST JPM Ultra-Short Muni Income | Reduce -9.5% | 0.28% | −0.07 |
| JEPI JPMorgan Equity Premium Inco | Reduce -23.3% | 0.13% | −0.06 |
| VMC Vulcan Materials Co. | Reduce -0.7% | 1.14% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -16.8% | 0.29% | −0.05 |
| ERIE Erie Indemnity Company Class A | Reduce -11.8% | 0.14% | −0.05 |
| MSTR Strategy Inc. | Reduce -0.1% | 0.06% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -0.3% | 0.22% | −0.03 |
| BX Blackstone Inc. | Reduce -5.2% | 0.19% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -21.1% | 0.07% | −0.03 |
| IVE iShares S&P 500 Value ETF | Reduce -0.1% | 0.29% | −0.01 |
| AVGO Broadcom Inc. | Reduce -12.6% | 0.19% | −0.01 |
| ROST Ross Stores Inc. | Reduce -2.3% | 0.06% | −0.01 |
| FELG Fidelity Enh LRG Cap GWTH | Reduce -8.8% | 0.12% | −0.01 |
| SPHQ Invesco S&P 500 Quality ETF | Reduce -14.4% | 0.06% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.9% | 0.92% | +0.01 |
| QCOM Qualcomm Inc. | Reduce -11.9% | 0.11% | +0.01 |
| NVDA Nvidia Corp. | Reduce -0.9% | 4.03% | +0.03 |
| ADI Analog Devices Inc. | Reduce -2.4% | 0.51% | +0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.3% | 0.92% | +0.04 |
| IVES Dan Wedbush AI Rev ETF | Reduce -5.3% | 0.35% | +0.04 |
| TXN Texas Instruments Inc. | Reduce -7.9% | 0.22% | +0.04 |
| GOOG Alphabet Inc. Class C | Reduce -0.3% | 0.58% | +0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -0.1% | 2.97% | +0.05 |
| GOOGL Alphabet Inc. Class A | Reduce -6.3% | 1.84% | +0.05 |
| CNC Centene Corp. | Reduce -21.2% | 0.27% | +0.07 |
| AMD Advanced Micro Devices | Reduce -1.8% | 0.15% | +0.09 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -0.8% | 3.41% | +0.16 |
| SOXX iShares Semiconductor ETF | Reduce -0.4% | 1.30% | +0.54 |
| SMH Vaneck Semiconductor ETF | Reduce -0.1% | 2.31% | +0.78 |
Portfolio Buys Q1 2026 → Q2 2026
| JPST JPMorgan Ultra-Short Income | Add +307.0% | 1.28% | +0.92 |
| IVV iShares Core S&P 500 ETF | Add +2.0% | 8.84% | +0.30 |
| SCHX Schwab US Large-Cap ETF | Add +36.1% | 0.96% | +0.27 |
| DSI iShares ESG MSCI KLD 400 ETF | Add +18.9% | 1.13% | +0.22 |
| LLY Eli Lilly & Co. | Add +1.6% | 1.28% | +0.19 |
| PANW Palo Alto Networks Inc. | New | 0.16% | +0.16 |
| SPCX Space Exploration Techn Class A | New | 0.15% | +0.15 |
| VSDM Vanguard Short Tax-Ex Bond | New | 0.12% | +0.12 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +3.4% | 5.51% | +0.12 |
| DRAM Roundhill Memory ETF | New | 0.10% | +0.10 |
| SCHM Schwab US Mid Cap ETF | Add +24.7% | 0.40% | +0.10 |
| VGMS Vanguard Multi-Sector | New | 0.09% | +0.09 |
| CGHM Cap Group Muni High-Income | New | 0.08% | +0.08 |
| MINO PIMCO Municipal Income Oppor | Add +110.1% | 0.17% | +0.08 |
| CAT Caterpillar Inc. | New | 0.07% | +0.07 |
| IWD iShares Russell 1000 Value E | New | 0.07% | +0.07 |
| SCHG Schwab US Large-Cap Growth | Add +14.0% | 0.46% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +30.6% | 0.29% | +0.07 |
| CGNG Cap Group New Geography Eq | Add +72.8% | 0.14% | +0.06 |
| GE General Electric | New | 0.06% | +0.06 |
| CSCO Cisco Systems Inc. | New | 0.06% | +0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.06% | +0.06 |
| SUSA iShares ESG Optimized MSCI U | New | 0.06% | +0.06 |
| TFLO iShares Treasury Floating Ra | New | 0.05% | +0.05 |
| HODL Vaneck Bitcoin ETF | New | 0.04% | +0.04 |
| IBIT iShares Bitcoin Trust ETF | Add +86.8% | 0.12% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +0.3% | 2.32% | +0.03 |
| JEPQ JPM Nasdaq Equity Premium | Add +14.0% | 0.24% | +0.03 |
| SCHA Schwab US Small-Cap ETF | Add +4.7% | 0.18% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +16.0% | 0.11% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.0% | 0.59% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +12.9% | 0.12% | +0.01 |
| CGDV Cap Group Dividend Value | Add +7.6% | 0.07% | +0.01 |
| SCHB Schwab US Broad Market ETF | Add +6.1% | 0.07% | +0.01 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.07% | +0.00 |
| JMUB JPMorgan Municipal ETF | Add +14.1% | 0.07% | +0.00 |
| MRK Merck & Co. Inc. | Add +6.0% | 0.06% | +0.00 |
| ORCL Oracle Corp. | Add +3.2% | 0.06% | −0.01 |
| HYDB iShares High Yield Systemati | Add +1.6% | 0.06% | −0.01 |
| WMT Walmart Inc. | Add +0.8% | 0.08% | −0.02 |
| COST Costco Wholesale Corp. | Add +3.5% | 0.14% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.7% | 0.53% | −0.02 |
| XLE SS Energy Select Sector | Add +3.4% | 0.13% | −0.03 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +3.7% | 3.84% | −0.04 |
| NEE Nextera Energy Inc. | Add +0.0% | 0.29% | −0.06 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +1.1% | 4.82% | −0.52 |
| JPIE JPMorgan Income ETF | Add +1.0% | 5.45% | −0.65 |
Notes & Other Activity Q1 2026 → Q2 2026
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -3.7% | 621 | $718K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 121 | $393.8M | AAPL, IVV, MSFT, FNDX, JPIE |
| Q1 2026 | 110 | $348.5M | AAPL, IVV, MSFT, JPIE, FNDX |
| Q4 2025 | 111 | $364.3M | AAPL, MSFT, IVV, JPIE, AMZN |
| Q3 2025 | 106 | $342.6M | MSFT, AAPL, IVV, JPIE, AMZN |
| Q2 2025 | 105 | $311.7M | MSFT, AAPL, IVV, AMZN, JPIE |
| Q1 2025 | 97 | $271.3M | AAPL, MSFT, IVV, AMZN, JPIE |
| Q4 2024 | 98 | $290.5M | AAPL, MSFT, IVV, AMZN, JPIE |
| Q3 2024 | 96 | $277.3M | AAPL, MSFT, IVV, AMZN, JPIE |
| Q2 2024 | 85 | $258.7M | MSFT, AAPL, AMZN, IVV, JPIE |
| Q1 2024 | 83 | $241.6M | MSFT, AAPL, AMZN, IVV, JPIE |