Pennsylvania Capital Management Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 30, 2024), Pennsylvania Capital Management Inc. reported 83 stock positions worth $241.6 million. Its top holding was Microsoft (MSFT) at 15.3% of the portfolio, followed by Apple (AAPL, 12.2%) and Amazon.com (AMZN, 8.6%). Compared with Q4 2023, it opened 3 new positions, sold out of 8, added to 13 and reduced 45. The biggest buy was a new position in Franklin Senior Loan ETF (FLBL) and the biggest sale Apple (AAPL, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- HUNTINGDON VALLEY, PA
- CIK
- 0001004140
- Portfolio Value
- $241.6M (Q1 2024)
- SEC Filing
- 0001004140-24-000003 ↗ filed Apr 30, 2024
Holdings Value
Holdings 83 stocks · $241.6M
| MSFT Microsoft Corp. | 15.26% | 87,601 | $36.9M | Reduce -11.5% |
| AAPL Apple Inc. | 12.20% | 171,903 | $29.5M | Reduce -11.5% |
| AMZN Amazon.com Inc. | 8.64% | 115,737 | $20.9M | Reduce -9.8% |
| IVV iShares Core S&P 500 ETF | 7.94% | 36,480 | $19.2M | Add +4.5% |
| JPIE JPMorgan Income ETF | 6.23% | 330,358 | $15.1M | Add +16.7% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 3.21% | 217,437 | $7.7M | Reduce -11.8% |
| NVDA Nvidia Corp. | 3.19% | 8,528 | $7.7M | Add +2.4% |
| SCHD Schwab US DVD Equity ETF | 2.90% | 86,878 | $7.0M | Reduce -7.9% |
| IJH iShares Core S&P Midcap ETF | 2.51% | 99,738 | $6.1M | Reduce -6.0% |
| FLBL Franklin Senior Loan ETF | 2.49% | 245,328 | $6.0M | New |
| JEPI JPMorgan Equity Premium Inco | 2.44% | 101,747 | $5.9M | Add +3.1% |
| VMC Vulcan Materials Co. | 2.17% | 19,225 | $5.2M | Add +0.2% |
| SHCR Sharecare Inc. | 2.11% | 6,632,333 | $5.1M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 1.85% | 29,537 | $4.5M | Reduce -10.2% |
| SMH Vaneck Semiconductor ETF | 1.39% | 14,976 | $3.4M | Add +12.0% |
| LLY Eli Lilly & Co. | 1.23% | 3,822 | $3.0M | Reduce -0.8% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 1.19% | 42,779 | $2.9M | Reduce -21.5% |
| XLY SS Consumer Disc Select Sect | 1.17% | 15,327 | $2.8M | Reduce -27.4% |
| TFLO iShares Treasury Floating Ra | 1.13% | 53,848 | $2.7M | Reduce -63.0% |
| SOXX iShares Semiconductor ETF | 1.11% | 11,891 | $2.7M | Reduce -23.1% |
| DSI iShares ESG MSCI KLD 400 ETF | 1.06% | 25,492 | $2.6M | Reduce -42.7% |
| CZNC Citizens & Northern Corp. | 0.97% | 124,918 | $2.3M | No change |
| IJR iShares Core S&P Small-Cap E | 0.93% | 20,280 | $2.2M | Reduce -3.7% |
| CNC Centene Corp. | 0.87% | 26,813 | $2.1M | Reduce -5.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.84% | 22,002 | $2.0M | Reduce -46.1% |
| VYM Vanguard High DVD Yield ETF | 0.81% | 16,258 | $2.0M | Reduce -1.0% |
| EPD Enterprise Products Partners | 0.59% | 48,645 | $1.4M | Reduce -3.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.56% | 3,226 | $1.4M | Reduce -23.6% |
| SCHX Schwab US Large-Cap ETF | 0.53% | 20,685 | $1.3M | Reduce -38.1% |
| JMUB JPMorgan Municipal ETF | 0.51% | 24,147 | $1.2M | Reduce -15.1% |
| GOOG Alphabet Inc. Class C | 0.48% | 7,547 | $1.1M | Reduce -26.6% |
| BX Blackstone Inc. | 0.47% | 8,707 | $1.1M | Reduce -19.0% |
| UNH Unitedhealth Group Inc. | 0.44% | 2,141 | $1.1M | Reduce -23.3% |
| ADI Analog Devices Inc. | 0.43% | 5,200 | $1.0M | No change |
| ERIE Erie Indemnity Company Class A | 0.42% | 2,550 | $1.0M | No change |
| JPST JPMorgan Ultra-Short Income | 0.41% | 19,639 | $991K | Reduce -37.9% |
| VOX Vanguard Communication Servi | 0.40% | 7,384 | $969K | Reduce -30.4% |
| TMO Thermo Fisher Scientific Inc. | 0.36% | 1,490 | $866K | Reduce -3.7% |
| SCHM Schwab US Mid Cap ETF | 0.35% | 10,385 | $846K | Reduce -39.2% |
| MS Morgan Stanley | 0.34% | 8,757 | $825K | Reduce -3.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.32% | 1,498 | $784K | Add +0.3% |
| META Meta Platforms Inc. Class A | 0.32% | 1,587 | $771K | Reduce -4.4% |
| AMP Ameriprise Financial Inc. | 0.31% | 1,733 | $760K | No change |
| RTX RTX Corp. | 0.31% | 7,688 | $750K | No change |
| JNJ Johnson & Johnson | 0.31% | 4,725 | $747K | Reduce -3.2% |
| NEE Nextera Energy Inc. | 0.30% | 11,360 | $726K | Add +1.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 2,405 | $625K | Reduce -17.7% |
| PGF Invesco Financial Preferred | 0.24% | 38,459 | $586K | No change |
| ADP Automatic Data Processing | 0.24% | 2,324 | $580K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 1,295 | $575K | Reduce -40.3% |
| CMG Chipotle Mexican Grill Inc. | 0.23% | 194 | $564K | No change |
| XOM Exxon Mobil Corp. | 0.23% | 4,824 | $561K | No change |
| TXN Texas Instruments Inc. | 0.23% | 3,146 | $548K | No change |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.21% | 1,783 | $511K | Reduce -1.1% |
| SCHG Schwab US Large-Cap Growth | 0.21% | 5,359 | $497K | Add +0.6% |
| FULT Fulton Financial Corp. | 0.20% | 30,000 | $477K | No change |
| MRK Merck & Co. Inc. | 0.19% | 3,568 | $471K | Add +12.8% |
| DFS Discover Financial Services | 0.19% | 3,416 | $448K | No change |
| JPM JPMorgan Chase & Co. | 0.18% | 2,232 | $447K | Add +3.6% |
| LPLA LPL Financial Holdings Inc. | 0.17% | 1,572 | $415K | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.17% | 7,044 | $402K | Reduce -41.1% |
| GD General Dynamics Corp. | 0.17% | 1,413 | $399K | No change |
| VOO Vanguard S&P 500 ETF | 0.16% | 810 | $389K | No change |
| LNG Cheniere Energy Inc. | 0.16% | 2,406 | $388K | No change |
| SCHA Schwab US Small-Cap ETF | 0.15% | 7,551 | $372K | Reduce -43.9% |
| IWB iShares Russell 1000 ETF | 0.15% | 1,280 | $369K | Reduce -88.6% |
| FTNT Fortinet Inc. | 0.15% | 5,265 | $360K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 1,891 | $345K | Reduce -3.7% |
| XLE SS Energy Select Sector | 0.14% | 3,535 | $334K | Add +34.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.14% | 1,430 | $327K | No change |
| SYF Synchrony Financial | 0.13% | 7,472 | $322K | Reduce -39.7% |
| QCOM Qualcomm Inc. | 0.13% | 1,900 | $322K | No change |
| ADBE Adobe Inc. | 0.13% | 628 | $317K | Reduce -0.9% |
| COST Costco Wholesale Corp. | 0.12% | 395 | $289K | Reduce -12.2% |
| AVY Avery Dennison Corp. | 0.12% | 1,267 | $283K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.11% | 2,255 | $276K | Reduce -7.1% |
| HELO JPMorgan Hedged Equity ETF | 0.11% | 4,860 | $272K | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.11% | 7,022 | $266K | Reduce -9.7% |
| CLOU Global X Cloud Computing ETF | 0.10% | 11,491 | $250K | Reduce -48.0% |
| INTC Intel Corp. | 0.10% | 5,568 | $246K | No change |
| PEP Pepsico Inc. | 0.09% | 1,309 | $229K | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.09% | 884 | $221K | Add +0.1% |
| ORCL Oracle Corp. | 0.09% | 1,690 | $212K | New |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 785 | $957K | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 220 | $263K | No change |
Total filed on the 13F, all lines: $242.8M.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -11.5% | 12.20% | −2.69 |
| TFLO iShares Treasury Floating Ra | Reduce -63.0% | 1.13% | −1.80 |
| IWB iShares Russell 1000 ETF | Reduce -88.6% | 0.15% | −1.02 |
| SHCR Sharecare Inc. | Reduce -0.2% | 2.11% | −0.75 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -46.1% | 0.84% | −0.65 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -42.7% | 1.06% | −0.55 |
| XLY SS Consumer Disc Select Sect | Reduce -27.4% | 1.17% | −0.34 |
| JPST JPMorgan Ultra-Short Income | Reduce -37.9% | 0.41% | −0.22 |
| SCHX Schwab US Large-Cap ETF | Reduce -38.1% | 0.53% | −0.22 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.17 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.17 |
| SCHM Schwab US Mid Cap ETF | Reduce -39.2% | 0.35% | −0.16 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -21.5% | 1.19% | −0.15 |
| UNH Unitedhealth Group Inc. | Reduce -23.3% | 0.44% | −0.15 |
| JETS US Global Jets ETF | Sold out | 0.00% | −0.14 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -40.3% | 0.24% | −0.12 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.12 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.11 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -11.8% | 3.21% | −0.11 |
| SCHB Schwab US Broad Market ETF | Sold out | 0.00% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -26.6% | 0.48% | −0.10 |
| SCHA Schwab US Small-Cap ETF | Reduce -43.9% | 0.15% | −0.10 |
| FNDA Schwab Fndmntl US SM Co. ETF | Reduce -41.1% | 0.17% | −0.10 |
| VOX Vanguard Communication Servi | Reduce -30.4% | 0.40% | −0.10 |
| CLOU Global X Cloud Computing ETF | Reduce -48.0% | 0.10% | −0.10 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.09 |
| BX Blackstone Inc. | Reduce -19.0% | 0.47% | −0.09 |
| SOXX iShares Semiconductor ETF | Reduce -23.1% | 1.11% | −0.07 |
| JMUB JPMorgan Municipal ETF | Reduce -15.1% | 0.51% | −0.07 |
| SYF Synchrony Financial | Reduce -39.7% | 0.13% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -23.6% | 0.56% | −0.04 |
| ABEV Ambev SA-ADR | Sold out | 0.00% | −0.03 |
| ADBE Adobe Inc. | Reduce -0.9% | 0.13% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -17.7% | 0.26% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -12.2% | 0.12% | +0.00 |
| MS Morgan Stanley | Reduce -3.8% | 0.34% | +0.00 |
| JNJ Johnson & Johnson | Reduce -3.2% | 0.31% | +0.00 |
| BAC Bank of America Corp. | Reduce -9.7% | 0.11% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -3.7% | 0.14% | +0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -10.2% | 1.85% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.7% | 0.93% | +0.02 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -1.1% | 0.21% | +0.03 |
| DIS The Walt Disney Co. | Reduce -7.1% | 0.11% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.7% | 0.36% | +0.03 |
| CNC Centene Corp. | Reduce -5.3% | 0.87% | +0.03 |
| SCHD Schwab US DVD Equity ETF | Reduce -7.9% | 2.90% | +0.04 |
| EPD Enterprise Products Partners | Reduce -3.9% | 0.59% | +0.06 |
| VYM Vanguard High DVD Yield ETF | Reduce -1.0% | 0.81% | +0.08 |
| META Meta Platforms Inc. Class A | Reduce -4.4% | 0.32% | +0.08 |
| IJH iShares Core S&P Midcap ETF | Reduce -6.0% | 2.51% | +0.17 |
Portfolio Buys Q4 2023 → Q1 2024
| FLBL Franklin Senior Loan ETF | New | 2.49% | +2.49 |
| NVDA Nvidia Corp. | Add +2.4% | 3.19% | +1.55 |
| IVV iShares Core S&P 500 ETF | Add +4.5% | 7.94% | +1.30 |
| JPIE JPMorgan Income ETF | Add +16.7% | 6.23% | +1.09 |
| SMH Vaneck Semiconductor ETF | Add +12.0% | 1.39% | +0.46 |
| VMC Vulcan Materials Co. | Add +0.2% | 2.17% | +0.44 |
| JEPI JPMorgan Equity Premium Inco | Add +3.1% | 2.44% | +0.27 |
| HELO JPMorgan Hedged Equity ETF | New | 0.11% | +0.11 |
| ORCL Oracle Corp. | New | 0.09% | +0.09 |
| MRK Merck & Co. Inc. | Add +12.8% | 0.19% | +0.06 |
| XLE SS Energy Select Sector | Add +34.2% | 0.14% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.3% | 0.32% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +3.6% | 0.18% | +0.04 |
| SCHG Schwab US Large-Cap Growth | Add +0.6% | 0.21% | +0.03 |
| NEE Nextera Energy Inc. | Add +1.3% | 0.30% | +0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.1% | 0.09% | +0.01 |
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 |