13F HOLDINGS REPORT
Kendall Capital Management
Quarter ended Q1 2025 · Filed April 25, 2025 · Accession 0001731372-25-000002
Total Value
$340.3M
Positions
218
Other Managers
0
Confidential Omitted
No
Holdings (218)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | iShares Russell 2500 ETF | 46435G268 | 303,038 | $19.0M | 5.57% |
| 2 | JPMorgan International Research Enhanced Equity ETF | 46641Q134 | 177,832 | $11.3M | 3.33% |
| 3 | JPMorgan Ultra-Short Income ETF | 46641Q837 | 182,944 | $9.3M | 2.72% |
| 4 | Broadcom Inc | AVGO | 54,887 | $9.2M | 2.70% |
| 5 | Vanguard Growth Index Fund ETF | 922908736 | 21,813 | $8.1M | 2.38% |
| 6 | VSE Corp | VSECU | 65,650 | $7.9M | 2.31% |
| 7 | Avnet Inc | AVT | 143,445 | $6.9M | 2.03% |
| 8 | Omnicom Group Inc | OMC | 82,965 | $6.9M | 2.02% |
| 9 | iShares Core MSCI EAFE ETF | 46432F842 | 89,599 | $6.8M | 1.99% |
| 10 | Equitable Holdings Inc | EQH-PC | 115,139 | $6.0M | 1.76% |
| 11 | Abbvie Inc | ABBV | 27,590 | $5.8M | 1.70% |
| 12 | Vanguard Large-Cap ETF | 922908637 | 22,102 | $5.7M | 1.67% |
| 13 | Vanguard Mid-Cap ETF | 922908629 | 20,042 | $5.2M | 1.52% |
| 14 | Cencora Inc | COR | 18,299 | $5.1M | 1.50% |
| 15 | Victory Capital Holdings Inc | 92645B103 | 87,689 | $5.1M | 1.49% |
| 16 | Dell Technologies Inc | DELL | 52,005 | $4.7M | 1.39% |
| 17 | CDW Corp | CDW | 29,255 | $4.7M | 1.38% |
| 18 | KLA Corp | KLAC | 6,640 | $4.5M | 1.33% |
| 19 | Apple Inc | AAPL | 20,223 | $4.5M | 1.32% |
| 20 | Jackson Financial Inc | JXN-PA | 48,160 | $4.0M | 1.19% |
| 21 | Vanguard Total Stock Market ETF | 922908769 | 14,248 | $3.9M | 1.15% |
| 22 | John Wiley & Sons Inc Class A | 968223206 | 84,617 | $3.8M | 1.11% |
| 23 | FlexShares iBoxx 5-Yr Target Duration TIPS Index | FLEX | 149,700 | $3.6M | 1.07% |
| 24 | Mastercard Inc | MA | 6,343 | $3.5M | 1.02% |
| 25 | Fiserv Inc | FISV | 15,418 | $3.4M | 1.00% |
| 26 | Unum Group | UNMA | 41,795 | $3.4M | 1.00% |
| 27 | HP Inc | HPQ | 122,058 | $3.4M | 0.99% |
| 28 | Hewlett Packard Enterprise Co | HPE-PC | 210,055 | $3.2M | 0.95% |
| 29 | Gartner Inc | IT | 7,696 | $3.2M | 0.95% |
| 30 | H&R Block Inc | BSQKZ | 54,750 | $3.0M | 0.88% |
| 31 | Cal-Maine Foods Inc | CALM | 32,780 | $3.0M | 0.88% |
| 32 | Stride Inc | LRN | 23,515 | $3.0M | 0.87% |
| 33 | Alphabet Inc A | GOOG | 19,165 | $3.0M | 0.87% |
| 34 | Bristol-Myers Squibb Co | CELG-RI | 47,542 | $2.9M | 0.85% |
| 35 | CSG Systems International Inc | 126349109 | 47,260 | $2.9M | 0.84% |
| 36 | Federated Hermes Inc | FHI | 69,850 | $2.8M | 0.84% |
| 37 | Celestica Inc | CLS | 35,750 | $2.8M | 0.83% |
| 38 | Kraft Heinz Co | KHC | 82,065 | $2.5M | 0.73% |
| 39 | Costamare Inc | CMRE-PC | 253,409 | $2.5M | 0.73% |
| 40 | Arrow Electronics Inc | 042735100 | 23,300 | $2.4M | 0.71% |
| 41 | Cummins Inc | CMI | 7,698 | $2.4M | 0.71% |
| 42 | iShares Micro-Cap ETF | 464288869 | 21,660 | $2.4M | 0.71% |
| 43 | O'Reilly Automotive Inc | 67103H107 | 1,669 | $2.4M | 0.70% |
| 44 | Ryder System Inc | R | 15,620 | $2.2M | 0.66% |
| 45 | United Therapeutics Corp | UTHR | 7,270 | $2.2M | 0.66% |
| 46 | Upbound Group Inc | UPBD | 91,995 | $2.2M | 0.65% |
| 47 | Nexstar Media Group Inc | NXST | 12,234 | $2.2M | 0.64% |
| 48 | McKesson Corp | MCK | 3,144 | $2.1M | 0.62% |
| 49 | Cboe Global Markets Inc | 12503M108 | 8,875 | $2.0M | 0.59% |
| 50 | Expedia Group Inc | EXPE | 11,325 | $1.9M | 0.56% |
| 51 | Viatris Inc | VTRS | 215,510 | $1.9M | 0.55% |
| 52 | Meta Platforms Inc | META | 3,211 | $1.9M | 0.54% |
| 53 | Capital Bancorp Inc | CBNK | 60,040 | $1.7M | 0.50% |
| 54 | Merck & Co Inc | MRK | 18,857 | $1.7M | 0.50% |
| 55 | United Rentals Inc | URI | 2,687 | $1.7M | 0.49% |
| 56 | Cisco Systems Inc | CSCO | 27,169 | $1.7M | 0.49% |
| 57 | Sprouts Farmers Market Inc | 85208M102 | 10,885 | $1.7M | 0.49% |
| 58 | Accenture Plc | ACN | 5,274 | $1.6M | 0.48% |
| 59 | Gen Digital Inc | GENVR | 60,640 | $1.6M | 0.47% |
| 60 | Nvidia Corp | NVDA | 14,770 | $1.6M | 0.47% |
| 61 | SLM Corp | SLMBP | 52,405 | $1.5M | 0.45% |
| 62 | HCA Healthcare Inc | HCA | 4,350 | $1.5M | 0.44% |
| 63 | CBRE Group Inc | CBRE | 11,311 | $1.5M | 0.43% |
| 64 | Regeneron Pharmaceuticals Inc | REGN | 2,212 | $1.4M | 0.41% |
| 65 | Autonation Inc | AN | 8,625 | $1.4M | 0.41% |
| 66 | First Trust Dow Jones Select MicroCap Index ETF | 33718M105 | 22,019 | $1.4M | 0.40% |
| 67 | Vanguard Small-Cap ETF | 922908751 | 6,054 | $1.3M | 0.39% |
| 68 | Vanguard Emerging Markets Stock ETF | 922042858 | 29,552 | $1.3M | 0.39% |
| 69 | BorgWarner Inc | BWA | 44,905 | $1.3M | 0.38% |
| 70 | Taylor Morrison Home Corp | TMHC | 21,165 | $1.3M | 0.37% |
| 71 | Allison Transmission Holdings Inc | ALSN | 13,160 | $1.3M | 0.37% |
| 72 | Johnson & Johnson | JNJ | 7,583 | $1.3M | 0.37% |
| 73 | Corpay Inc | CPAY | 3,536 | $1.2M | 0.36% |
| 74 | Tegna Inc | 87901J105 | 67,542 | $1.2M | 0.36% |
| 75 | Marriott International Inc | 571903202 | 5,113 | $1.2M | 0.36% |
| 76 | Molson Coors Beverages Co Class B | TAP-A | 19,995 | $1.2M | 0.36% |
| 77 | Tapestry Inc | TPR | 16,690 | $1.2M | 0.35% |
| 78 | National Fuel Gas Co | NFG | 14,783 | $1.2M | 0.34% |
| 79 | iShares Russell 1000 ETF | 464287622 | 3,692 | $1.1M | 0.33% |
| 80 | Progress Software Corp | 743312100 | 21,945 | $1.1M | 0.33% |
| 81 | SPDR Gold MiniShares Trust | GLDW | 18,237 | $1.1M | 0.33% |
| 82 | Discover Financial Services | 254709108 | 6,465 | $1.1M | 0.32% |
| 83 | Penske Automotive Group Inc | 70959W103 | 7,545 | $1.1M | 0.32% |
| 84 | ACM Research Inc | 00108J109 | 45,240 | $1.1M | 0.31% |
| 85 | Photronics Inc | PLAB | 50,545 | $1.0M | 0.31% |
| 86 | Travel and Leisure Co | 894164102 | 22,255 | $1.0M | 0.30% |
| 87 | Green Brick Partners Inc | GRBK-PA | 17,323 | $1.0M | 0.30% |
| 88 | Pricesmart Inc | PSMT | 11,485 | $1.0M | 0.30% |
| 89 | Cirrus Logic Inc | CRUS | 10,080 | $1.0M | 0.30% |
| 90 | Nomad Foods Ltd | NOMD | 51,000 | $1.0M | 0.29% |
| 91 | Jazz Pharmaceutical PLC | JAZZ | 7,964 | $988,731 | 0.29% |
| 92 | Vanguard Total World Stock ETF | 922042742 | 8,501 | $985,691 | 0.29% |
| 93 | JPMorgan Small & Mid Cap Enhanced Eq ETF | 46641Q118 | 17,535 | $981,609 | 0.29% |
| 94 | Gilead Sciences Inc | GILD | 8,717 | $976,740 | 0.29% |
| 95 | Invesco S&P SmallCap 600 Revenue ETF | IVZ | 23,650 | $962,555 | 0.28% |
| 96 | Dimensional US Small Cap ETF | 25434V500 | 16,050 | $958,988 | 0.28% |
| 97 | Amgen Inc | AMGN | 3,075 | $958,016 | 0.28% |
| 98 | Organon & Co | OGN | 64,020 | $953,258 | 0.28% |
| 99 | Valero Energy Corp | VLO | 7,144 | $943,508 | 0.28% |
| 100 | Fidelis Insurance Holdings | FIHL | 55,515 | $899,343 | 0.26% |
| 101 | Lear Corp | LEA | 10,165 | $896,756 | 0.26% |
| 102 | Bancorp Inc | TBBK | 16,945 | $895,374 | 0.26% |
| 103 | iShares Residential and Multi Real Estate ETF | 464288562 | 10,290 | $889,262 | 0.26% |
| 104 | Medpace Holdings Inc | MEDP | 2,915 | $888,171 | 0.26% |
| 105 | Onemain Holdings Inc | OMF | 18,093 | $884,386 | 0.26% |
| 106 | International Business Machine Corp | INTR | 3,424 | $851,412 | 0.25% |
| 107 | Bunge Global SA | BG | 11,070 | $845,969 | 0.25% |
| 108 | Microsoft Corp | MSFT | 2,231 | $837,495 | 0.25% |
| 109 | FlexShares Global Upstream Natural Resources Index ETF | FLEX | 21,272 | $825,566 | 0.24% |
| 110 | iShares Russell 1000 Growth ETF | 464287614 | 2,190 | $790,787 | 0.23% |
| 111 | Apollo Global Management Inc | 03769M106 | 5,770 | $790,144 | 0.23% |
| 112 | Fidelity National Information Services Inc | 31620M106 | 10,545 | $787,501 | 0.23% |
| 113 | UGI Corp | 902681105 | 23,805 | $787,231 | 0.23% |
| 114 | Cars.Com Inc | CARS | 69,165 | $779,490 | 0.23% |
| 115 | Builders FirstSource Inc | BLDR | 6,205 | $775,253 | 0.23% |
| 116 | Restaurant Brands International Inc | 76131D103 | 11,620 | $774,357 | 0.23% |
| 117 | Vistra Energy Corp | VST | 6,583 | $773,108 | 0.23% |
| 118 | Altria Group Inc | MO | 12,382 | $743,168 | 0.22% |
| 119 | Teekay Tankers Ltd | TNK | 19,390 | $742,055 | 0.22% |
| 120 | Comcast Corp | CCZ | 19,947 | $736,044 | 0.22% |
| 121 | Mueller Industries Inc | 624756102 | 9,655 | $735,132 | 0.22% |
| 122 | Group 1 Automotive Inc | GPI | 1,920 | $733,344 | 0.22% |
| 123 | Tenet Healthcare Corp | THC | 5,305 | $713,523 | 0.21% |
| 124 | Norfolk Southern Corp | 655844108 | 2,905 | $688,049 | 0.20% |
| 125 | Deluxe Corp | DLX | 43,386 | $685,933 | 0.20% |
| 126 | Albertsons Companies Inc | 013091103 | 31,010 | $681,910 | 0.20% |
| 127 | Affiliated Managers Group Inc | MGRE | 4,000 | $672,120 | 0.20% |
| 128 | Brighthouse Financial Inc | 10922N103 | 11,525 | $668,335 | 0.20% |
| 129 | S&P Global Inc | SPGI | 1,309 | $665,103 | 0.20% |
| 130 | Innoviva Inc | INVA | 35,115 | $636,635 | 0.19% |
| 131 | WisdomTree US Total Dividend ETF | WT | 8,155 | $627,527 | 0.18% |
| 132 | Ford Motor Co | 345370860 | 60,985 | $611,680 | 0.18% |
| 133 | FS KKR Capital Corp | FSK | 29,127 | $610,211 | 0.18% |
| 134 | Collegium Pharmaceutical Inc | COLL | 20,360 | $607,746 | 0.18% |
| 135 | PIMCO Intermediate Municipal Bd Actv ETF | 72201R866 | 11,600 | $597,980 | 0.18% |
| 136 | Western Union Co | WU | 56,367 | $596,363 | 0.18% |
| 137 | AstraZeneca plc | AZN | 8,007 | $588,515 | 0.17% |
| 138 | Texas Instruments Inc | 882508104 | 3,256 | $585,103 | 0.17% |
| 139 | iShares S&P Small-Cap 600 Value ETF | 464287879 | 5,742 | $559,730 | 0.16% |
| 140 | Glaxosmithkline Plc | GLAXF | 14,396 | $557,701 | 0.16% |
| 141 | iShares S&P Small-Cap 600 Growth ETF | 464287887 | 4,093 | $509,579 | 0.15% |
| 142 | Owens Corning | OC | 3,535 | $504,869 | 0.15% |
| 143 | Civitas Resources Inc | 17888H103 | 14,245 | $497,008 | 0.15% |
| 144 | Warrior Met Coal Inc | HCC | 10,295 | $491,277 | 0.14% |
| 145 | Sanmina Corp | SANM | 6,395 | $487,171 | 0.14% |
| 146 | United Continental Holdings Inc | UNTCW | 6,900 | $476,445 | 0.14% |
| 147 | Adeia Inc | ADEA | 34,401 | $454,781 | 0.13% |
| 148 | Sinclair Inc | SBGI | 28,075 | $447,235 | 0.13% |
| 149 | Deere & Co | DE | 935 | $438,842 | 0.13% |
| 150 | Ziff Davis Inc | ZD | 11,665 | $438,371 | 0.13% |
| 151 | Vanguard Tax-Exempt Bond Index ETF | 922907746 | 8,795 | $436,408 | 0.13% |
| 152 | Radian Group Inc | RDN | 13,015 | $430,406 | 0.13% |
| 153 | PowerShares S&P 500 Low Volatility ETF | IVZ | 5,720 | $427,398 | 0.13% |
| 154 | Exxon Mobil Corp | XOM | 3,502 | $416,459 | 0.12% |
| 155 | TKO Group Holdings Inc | TKO | 2,720 | $415,643 | 0.12% |
| 156 | Vanguard Short-Term Treasury ETF | 92206C102 | 7,055 | $414,058 | 0.12% |
| 157 | CACI International Inc | 127190304 | 1,109 | $406,914 | 0.12% |
| 158 | Navient Corp | JSM | 32,200 | $406,686 | 0.12% |
| 159 | Technology Select Sector SPDR ETF | 81369Y803 | 1,913 | $394,996 | 0.12% |
| 160 | Meritage Homes Corp | MTH | 5,560 | $394,093 | 0.12% |
| 161 | JPMorgan Chase & Co | VYLD | 1,561 | $382,913 | 0.11% |
| 162 | Wal-Mart Stores Inc | WMT | 4,115 | $361,256 | 0.11% |
| 163 | Berkshire Hathaway Inc | BRK-A | 678 | $361,089 | 0.11% |
| 164 | Goldman Sachs BDC Inc | GSBD | 30,710 | $357,157 | 0.10% |
| 165 | Chevron Corp | CVX | 2,118 | $354,320 | 0.10% |
| 166 | GMS Inc | 36251C103 | 4,825 | $353,045 | 0.10% |
| 167 | Beacon Roofing Supply Inc | 073685109 | 2,825 | $349,453 | 0.10% |
| 168 | Vanguard FTSE Developed Mkts ETF | 921943858 | 6,802 | $345,746 | 0.10% |
| 169 | iShares Russell Top 200 ETF | 464289446 | 2,353 | $323,326 | 0.10% |
| 170 | Masco Corp | MAS | 4,630 | $321,970 | 0.09% |
| 171 | Chord Energy Corp | CHRD | 2,832 | $319,223 | 0.09% |
| 172 | Union Pacific Corp | UNP | 1,350 | $318,924 | 0.09% |
| 173 | AT&T Inc | T-PC | 11,275 | $318,857 | 0.09% |
| 174 | Amazon.com Inc | AMZN | 1,650 | $313,929 | 0.09% |
| 175 | Cardinal Health Inc | CAH | 2,255 | $310,671 | 0.09% |
| 176 | L3Harris Technologies Inc | LHX | 1,480 | $309,779 | 0.09% |
| 177 | iShares MSCI USA Quality Factor ETF | 46432F339 | 1,800 | $307,602 | 0.09% |
| 178 | Autozone Inc | AZO | 80 | $305,022 | 0.09% |
| 179 | Pilgrims Pride Corp | PPC | 5,530 | $301,440 | 0.09% |
| 180 | Verizon Communications | VZ | 6,592 | $299,013 | 0.09% |
| 181 | Leidos Holdings Inc | LDOS | 2,205 | $297,543 | 0.09% |
| 182 | Qualcomm Inc | QCOM | 1,915 | $294,163 | 0.09% |
| 183 | Greenbrier Companies, Inc. | 393657101 | 5,645 | $289,137 | 0.08% |
| 184 | DR Horton Inc | 23331A109 | 2,268 | $288,331 | 0.08% |
| 185 | Stryker Corp | SYK | 742 | $276,210 | 0.08% |
| 186 | NCR Voyix Corp | NCRRP | 28,150 | $274,463 | 0.08% |
| 187 | AES Corp | AES | 22,097 | $274,445 | 0.08% |
| 188 | Lam Research Corp | LRCX | 3,770 | $274,079 | 0.08% |
| 189 | iShares Core S&P Small-Cap ETF | 464287804 | 2,610 | $272,967 | 0.08% |
| 190 | iShares Russell Mid Growth ETF | 464287481 | 2,318 | $272,342 | 0.08% |
| 191 | Thor Industries Inc | 885160101 | 3,560 | $269,884 | 0.08% |
| 192 | LyondellBasell Industries NV | LYB | 3,815 | $268,576 | 0.08% |
| 193 | Novartis AG | NVSEF | 2,345 | $261,421 | 0.08% |
| 194 | Sanofi SA | SNYNF | 4,655 | $258,166 | 0.08% |
| 195 | Terex Corp | TEX | 6,520 | $246,326 | 0.07% |
| 196 | Texas Pacific Land Trust | TPL | 185 | $245,123 | 0.07% |
| 197 | CVS Health Corp | CVS | 3,580 | $242,545 | 0.07% |
| 198 | Patrick Industries Inc | 703343103 | 2,837 | $239,897 | 0.07% |
| 199 | Vanguard Real Estate Index Fund ETF | 922908553 | 2,570 | $232,688 | 0.07% |
| 200 | Adtalem Global Education Inc | ADT | 2,227 | $224,125 | 0.07% |
| 201 | KB Home | KBH | 3,830 | $222,600 | 0.07% |
| 202 | iShares Morningstar Mid-Cap Growth ETF | 464288307 | 3,063 | $218,790 | 0.06% |
| 203 | WK Kellogg Co | 92942W107 | 10,550 | $210,262 | 0.06% |
| 204 | Visa Inc | V | 588 | $206,070 | 0.06% |
| 205 | Cohu Inc | COHU | 13,020 | $191,524 | 0.06% |
| 206 | Permian Resources Corp | PR | 13,475 | $186,629 | 0.05% |
| 207 | Wabash National Corp | 929566107 | 14,650 | $161,883 | 0.05% |
| 208 | Arbor Realty Trust Inc | ABR-PF | 13,430 | $157,803 | 0.05% |
| 209 | Park Hotels and Resorts Inc | PK | 14,180 | $151,442 | 0.04% |
| 210 | Rithm Capital Corp | RITM-PF | 12,620 | $144,499 | 0.04% |
| 211 | MaxLinear Inc | MXL | 13,000 | $141,180 | 0.04% |
| 212 | Medical Properties Trust Inc | 58463J304 | 17,575 | $105,977 | 0.03% |
| 213 | Bausch Health Companies Inc | 071734107 | 15,225 | $98,506 | 0.03% |
| 214 | Janus International Group Inc | JBI | 13,290 | $95,688 | 0.03% |
| 215 | Bloomin Brands Inc | BLMN | 11,425 | $81,917 | 0.02% |
| 216 | Service Properties Trust | 81761L102 | 29,450 | $76,865 | 0.02% |
| 217 | Coty Inc | COTY | 12,105 | $66,214 | 0.02% |
| 218 | Basanite Inc | BASA | 31,000 | $1,380 | 0.00% |