13F HOLDINGS REPORT
Kendall Capital Management
Quarter ended Q2 2025 · Filed July 16, 2025 · Accession 0001731372-25-000004
Total Value
$378.1M
Positions
225
Other Managers
0
Confidential Omitted
No
Holdings (225)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | iShares Russell 2500 ETF | 46435G268 | 310,495 | $21.0M | 5.57% |
| 2 | JPMorgan International Research Enhanced Equity ETF | 46641Q134 | 245,388 | $17.4M | 4.59% |
| 3 | Broadcom Inc | AVGO | 54,037 | $14.9M | 3.94% |
| 4 | Vanguard Growth Index Fund ETF | 922908736 | 23,048 | $10.1M | 2.67% |
| 5 | JPMorgan Ultra-Short Income ETF | 46641Q837 | 193,866 | $9.8M | 2.60% |
| 6 | Avnet Inc | AVT | 149,475 | $7.9M | 2.10% |
| 7 | VSE Corp | VSECU | 54,215 | $7.1M | 1.88% |
| 8 | Equitable Holdings Inc | EQH-PC | 118,054 | $6.6M | 1.75% |
| 9 | Vanguard Large-Cap ETF | 922908637 | 22,102 | $6.3M | 1.67% |
| 10 | Dell Technologies Inc | DELL | 51,360 | $6.3M | 1.67% |
| 11 | Omnicom Group Inc | OMC | 83,135 | $6.0M | 1.58% |
| 12 | KLA Corp | KLAC | 6,518 | $5.8M | 1.54% |
| 13 | Victory Capital Holdings Inc | 92645B103 | 90,189 | $5.7M | 1.52% |
| 14 | Vanguard Mid-Cap ETF | 922908629 | 20,042 | $5.6M | 1.48% |
| 15 | Cencora Inc | COR | 18,019 | $5.4M | 1.43% |
| 16 | CDW Corp | CDW | 29,150 | $5.2M | 1.38% |
| 17 | Celestica Inc | CLS | 33,222 | $5.2M | 1.37% |
| 18 | Abbvie Inc | ABBV | 26,964 | $5.0M | 1.32% |
| 19 | iShares Core MSCI EAFE ETF | 46432F842 | 57,701 | $4.8M | 1.27% |
| 20 | Apple Inc | AAPL | 21,728 | $4.5M | 1.18% |
| 21 | Vanguard Total Stock Market ETF | 922908769 | 14,499 | $4.4M | 1.17% |
| 22 | Hewlett Packard Enterprise Co | HPE-PC | 214,779 | $4.4M | 1.16% |
| 23 | John Wiley & Sons Inc Class A | 968223206 | 93,697 | $4.2M | 1.11% |
| 24 | CSG Systems International Inc | 126349109 | 60,335 | $3.9M | 1.04% |
| 25 | FlexShares iBoxx 5-Yr Target Duration TIPS Index | FLEX | 160,762 | $3.9M | 1.02% |
| 26 | Jackson Financial Inc | JXN-PA | 41,850 | $3.7M | 0.98% |
| 27 | Mastercard Inc | MA | 6,271 | $3.5M | 0.93% |
| 28 | Alphabet Inc A | GOOG | 19,740 | $3.5M | 0.92% |
| 29 | Stride Inc | LRN | 23,915 | $3.5M | 0.92% |
| 30 | H&R Block Inc | BSQKZ | 62,420 | $3.4M | 0.91% |
| 31 | Unum Group | UNMA | 41,495 | $3.4M | 0.89% |
| 32 | Nexstar Media Group Inc | NXST | 19,129 | $3.3M | 0.87% |
| 33 | Cal-Maine Foods Inc | CALM | 32,385 | $3.2M | 0.85% |
| 34 | HP Inc | HPQ | 129,082 | $3.2M | 0.84% |
| 35 | Gartner Inc | IT | 7,806 | $3.2M | 0.83% |
| 36 | Arrow Electronics Inc | 042735100 | 24,320 | $3.1M | 0.82% |
| 37 | Federated Hermes Inc | FHI | 69,100 | $3.1M | 0.81% |
| 38 | Gen Digital Inc | GENVR | 98,845 | $2.9M | 0.77% |
| 39 | Cummins Inc | CMI | 8,208 | $2.7M | 0.71% |
| 40 | Fiserv Inc | FISV | 15,118 | $2.6M | 0.69% |
| 41 | Bristol-Myers Squibb Co | CELG-RI | 55,752 | $2.6M | 0.68% |
| 42 | Ryder System Inc | R | 15,400 | $2.4M | 0.65% |
| 43 | Nvidia Corp | NVDA | 14,930 | $2.4M | 0.62% |
| 44 | Upbound Group Inc | UPBD | 93,930 | $2.4M | 0.62% |
| 45 | Meta Platforms Inc | META | 3,181 | $2.3M | 0.62% |
| 46 | McKesson Corp | MCK | 3,133 | $2.3M | 0.61% |
| 47 | iShares Micro-Cap ETF | 464288869 | 17,639 | $2.3M | 0.60% |
| 48 | O'Reilly Automotive Inc | 67103H107 | 23,555 | $2.1M | 0.56% |
| 49 | Costamare Inc | CMRE-PC | 231,889 | $2.1M | 0.56% |
| 50 | Expedia Group Inc | EXPE | 12,260 | $2.1M | 0.55% |
| 51 | Cboe Global Markets Inc | 12503M108 | 8,865 | $2.1M | 0.55% |
| 52 | United Therapeutics Corp | UTHR | 7,180 | $2.1M | 0.55% |
| 53 | Capital Bancorp Inc | CBNK | 60,040 | $2.0M | 0.53% |
| 54 | United Rentals Inc | URI | 2,577 | $1.9M | 0.51% |
| 55 | Kraft Heinz Co | KHC | 70,875 | $1.8M | 0.48% |
| 56 | Cisco Systems Inc | CSCO | 25,011 | $1.7M | 0.46% |
| 57 | SLM Corp | SLMBP | 51,340 | $1.7M | 0.45% |
| 58 | Sprouts Farmers Market Inc | 85208M102 | 10,210 | $1.7M | 0.44% |
| 59 | Autonation Inc | AN | 8,445 | $1.7M | 0.44% |
| 60 | Viatris Inc | VTRS | 180,950 | $1.6M | 0.43% |
| 61 | HCA Healthcare Inc | HCA | 4,165 | $1.6M | 0.42% |
| 62 | First Trust Dow Jones Select MicroCap Index ETF | 33718M105 | 22,209 | $1.6M | 0.42% |
| 63 | Accenture Plc | ACN | 5,269 | $1.6M | 0.42% |
| 64 | CBRE Group Inc | CBRE | 11,066 | $1.6M | 0.41% |
| 65 | BorgWarner Inc | BWA | 45,040 | $1.5M | 0.40% |
| 66 | Vanguard Emerging Markets Stock ETF | 922042858 | 28,766 | $1.4M | 0.38% |
| 67 | Green Brick Partners Inc | GRBK-PA | 22,458 | $1.4M | 0.37% |
| 68 | Marriott International Inc | 571903202 | 5,168 | $1.4M | 0.37% |
| 69 | Tapestry Inc | TPR | 16,075 | $1.4M | 0.37% |
| 70 | Nomad Foods Ltd | NOMD | 82,795 | $1.4M | 0.37% |
| 71 | Vanguard Small-Cap ETF | 922908751 | 5,910 | $1.4M | 0.37% |
| 72 | Merck & Co Inc | MRK | 17,692 | $1.4M | 0.37% |
| 73 | ACM Research Inc | 00108J109 | 54,055 | $1.4M | 0.37% |
| 74 | Allison Transmission Holdings Inc | ALSN | 14,325 | $1.4M | 0.36% |
| 75 | Molson Coors Beverages Co Class B | TAP-A | 28,145 | $1.4M | 0.36% |
| 76 | Taylor Morrison Home Corp | TMHC | 21,140 | $1.3M | 0.34% |
| 77 | Penske Automotive Group Inc | 70959W103 | 7,505 | $1.3M | 0.34% |
| 78 | Capital One Financial Corp | 14040H105 | 5,973 | $1.3M | 0.34% |
| 79 | Travel and Leisure Co | 894164102 | 24,555 | $1.3M | 0.34% |
| 80 | UGI Corp | 902681105 | 34,490 | $1.3M | 0.33% |
| 81 | iShares Russell 1000 ETF | 464287622 | 3,692 | $1.3M | 0.33% |
| 82 | Pricesmart Inc | PSMT | 11,900 | $1.2M | 0.33% |
| 83 | Progress Software Corp | 743312100 | 19,070 | $1.2M | 0.32% |
| 84 | National Fuel Gas Co | NFG | 14,283 | $1.2M | 0.32% |
| 85 | iShares Morningstar Small-Cap Growth ETF | 464288604 | 23,500 | $1.2M | 0.31% |
| 86 | Vistra Energy Corp | VST | 5,970 | $1.2M | 0.31% |
| 87 | Invesco S&P SmallCap Momentum ETF | IVZ | 17,000 | $1.2M | 0.31% |
| 88 | Johnson & Johnson | JNJ | 7,540 | $1.2M | 0.30% |
| 89 | Corpay Inc | CPAY | 3,466 | $1.2M | 0.30% |
| 90 | Microsoft Corp | MSFT | 2,260 | $1.1M | 0.30% |
| 91 | Vanguard Total World Stock ETF | 922042742 | 8,713 | $1.1M | 0.30% |
| 92 | Regeneron Pharmaceuticals Inc | REGN | 2,128 | $1.1M | 0.30% |
| 93 | SPDR Gold MiniShares Trust | GLDW | 17,054 | $1.1M | 0.30% |
| 94 | SPDR S&P 600 Small Cap Value ETF | 78464A300 | 14,000 | $1.1M | 0.30% |
| 95 | Tegna Inc | 87901J105 | 66,332 | $1.1M | 0.29% |
| 96 | Cirrus Logic Inc | CRUS | 10,440 | $1.1M | 0.29% |
| 97 | International Business Machine Corp | INTR | 3,404 | $1.0M | 0.27% |
| 98 | Bancorp Inc | TBBK | 17,270 | $983,872 | 0.26% |
| 99 | Gilead Sciences Inc | GILD | 8,822 | $978,095 | 0.26% |
| 100 | Glaxosmithkline Plc | GLAXF | 25,446 | $977,126 | 0.26% |
| 101 | Qualcomm Inc | QCOM | 6,035 | $961,134 | 0.25% |
| 102 | Lear Corp | LEA | 10,045 | $954,074 | 0.25% |
| 103 | Tenet Healthcare Corp | THC | 5,255 | $924,880 | 0.24% |
| 104 | Valero Energy Corp | VLO | 6,875 | $924,138 | 0.24% |
| 105 | Vanguard Mid Value Index Fund ETF | 922908512 | 5,501 | $904,694 | 0.24% |
| 106 | Medpace Holdings Inc | MEDP | 2,855 | $896,070 | 0.24% |
| 107 | FlexShares Global Upstream Natural Resources Index ETF | FLEX | 22,150 | $888,437 | 0.23% |
| 108 | Fidelis Insurance Holdings | FIHL | 53,120 | $880,730 | 0.23% |
| 109 | iShares Residential and Multi Real Estate ETF | 464288562 | 10,683 | $879,638 | 0.23% |
| 110 | Jazz Pharmaceutical PLC | JAZZ | 8,229 | $873,261 | 0.23% |
| 111 | Amgen Inc | AMGN | 3,107 | $867,505 | 0.23% |
| 112 | Onemain Holdings Inc | OMF | 15,193 | $866,001 | 0.23% |
| 113 | Photronics Inc | PLAB | 45,730 | $861,096 | 0.23% |
| 114 | Teekay Tankers Ltd | TNK | 20,215 | $843,370 | 0.22% |
| 115 | Group 1 Automotive Inc | GPI | 1,900 | $829,749 | 0.22% |
| 116 | Fidelity National Information Services Inc | 31620M106 | 10,150 | $826,312 | 0.22% |
| 117 | Restaurant Brands International Inc | 76131D103 | 11,725 | $777,250 | 0.21% |
| 118 | Affiliated Managers Group Inc | MGRE | 3,855 | $758,548 | 0.20% |
| 119 | Cars.Com Inc | CARS | 62,940 | $745,839 | 0.20% |
| 120 | Bunge Global SA | BG | 8,935 | $717,302 | 0.19% |
| 121 | iShares S&P Small-Cap 600 Growth ETF | 464287887 | 5,316 | $707,241 | 0.19% |
| 122 | Altria Group Inc | MO | 11,982 | $702,505 | 0.19% |
| 123 | S&P Global Inc | SPGI | 1,300 | $685,477 | 0.18% |
| 124 | Norfolk Southern Corp | 655844108 | 2,654 | $679,344 | 0.18% |
| 125 | Leidos Holdings Inc | LDOS | 4,270 | $673,635 | 0.18% |
| 126 | Brighthouse Financial Inc | 10922N103 | 12,505 | $672,394 | 0.18% |
| 127 | Comcast Corp | CCZ | 18,749 | $669,152 | 0.18% |
| 128 | V2X Inc | VVX | 13,600 | $660,280 | 0.17% |
| 129 | FS KKR Capital Corp | FSK | 31,447 | $652,525 | 0.17% |
| 130 | Albertsons Companies Inc | 013091103 | 30,180 | $649,172 | 0.17% |
| 131 | Mueller Industries Inc | 624756102 | 8,125 | $645,694 | 0.17% |
| 132 | Texas Instruments Inc | 882508104 | 3,061 | $635,525 | 0.17% |
| 133 | Sanmina Corp | SANM | 6,390 | $625,134 | 0.17% |
| 134 | iShares S&P Small-Cap 600 Value ETF | 464287879 | 6,229 | $619,723 | 0.16% |
| 135 | Apollo Global Management Inc | 03769M106 | 4,245 | $602,238 | 0.16% |
| 136 | PIMCO Intermediate Municipal Bd Actv ETF | 72201R866 | 11,600 | $595,776 | 0.16% |
| 137 | Rithm Capital Corp | RITM-PF | 52,670 | $594,644 | 0.16% |
| 138 | iShares Russell 1000 Growth ETF | 464287614 | 1,365 | $579,552 | 0.15% |
| 139 | Ford Motor Co | 345370860 | 53,025 | $575,321 | 0.15% |
| 140 | AstraZeneca plc | AZN | 8,007 | $559,529 | 0.15% |
| 141 | United Continental Holdings Inc | UNTCW | 6,900 | $549,447 | 0.15% |
| 142 | Enova International Inc | 29357K103 | 4,880 | $544,218 | 0.14% |
| 143 | iShares Russell Mid Cap ETF | 464287499 | 5,800 | $533,426 | 0.14% |
| 144 | Collegium Pharmaceutical Inc | COLL | 17,980 | $531,669 | 0.14% |
| 145 | CACI International Inc | 127190304 | 1,109 | $528,660 | 0.14% |
| 146 | Organon & Co | OGN | 54,205 | $524,704 | 0.14% |
| 147 | Hamilton Insurance Group Ltd | HG | 23,195 | $501,476 | 0.13% |
| 148 | TKO Group Holdings Inc | TKO | 2,720 | $494,904 | 0.13% |
| 149 | Innoviva Inc | INVA | 24,465 | $491,502 | 0.13% |
| 150 | Adeia Inc | ADEA | 34,465 | $487,335 | 0.13% |
| 151 | Technology Select Sector SPDR ETF | 81369Y803 | 1,913 | $484,429 | 0.13% |
| 152 | JPMorgan Chase & Co | VYLD | 1,634 | $473,713 | 0.13% |
| 153 | Radian Group Inc | RDN | 12,965 | $466,999 | 0.12% |
| 154 | Deluxe Corp | DLX | 28,096 | $447,007 | 0.12% |
| 155 | Builders FirstSource Inc | BLDR | 3,810 | $444,589 | 0.12% |
| 156 | Pfizer Inc | PFE | 17,400 | $421,778 | 0.11% |
| 157 | Vanguard Short-Term Treasury ETF | 92206C102 | 7,015 | $412,342 | 0.11% |
| 158 | Adtalem Global Education Inc | ADT | 3,182 | $404,846 | 0.11% |
| 159 | Owens Corning | OC | 2,880 | $396,058 | 0.10% |
| 160 | Vanguard FTSE Developed Mkts ETF | 921943858 | 6,802 | $387,782 | 0.10% |
| 161 | Navient Corp | JSM | 27,350 | $385,635 | 0.10% |
| 162 | Wal-Mart Stores Inc | WMT | 3,940 | $385,253 | 0.10% |
| 163 | Civitas Resources Inc | 17888H103 | 13,760 | $378,675 | 0.10% |
| 164 | Cardinal Health Inc | CAH | 2,230 | $374,640 | 0.10% |
| 165 | L3Harris Technologies Inc | LHX | 1,470 | $368,735 | 0.10% |
| 166 | Lam Research Corp | LRCX | 3,770 | $366,972 | 0.10% |
| 167 | Deere & Co | DE | 715 | $363,570 | 0.10% |
| 168 | Ziff Davis Inc | ZD | 11,865 | $359,154 | 0.09% |
| 169 | Acadian Asset Management Inc | AAMI | 10,130 | $356,981 | 0.09% |
| 170 | Exxon Mobil Corp | XOM | 3,295 | $355,170 | 0.09% |
| 171 | Sinclair Inc | SBGI | 25,530 | $352,825 | 0.09% |
| 172 | Meritage Homes Corp | MTH | 5,230 | $350,253 | 0.09% |
| 173 | Western Union Co | WU | 40,087 | $337,533 | 0.09% |
| 174 | NCR Voyix Corp | NCRRP | 28,150 | $330,200 | 0.09% |
| 175 | Berkshire Hathaway Inc | BRK-A | 678 | $329,352 | 0.09% |
| 176 | iShares MSCI USA Quality Factor ETF | 46432F339 | 1,800 | $329,076 | 0.09% |
| 177 | Magna International Inc | 559222401 | 8,465 | $326,834 | 0.09% |
| 178 | WisdomTree US Total Dividend ETF | WT | 4,080 | $324,442 | 0.09% |
| 179 | iShares Russell Top 200 ETF | 464289446 | 2,114 | $323,696 | 0.09% |
| 180 | iShares Russell Mid Growth ETF | 464287481 | 2,318 | $321,460 | 0.09% |
| 181 | GMS Inc | 36251C103 | 2,955 | $321,356 | 0.08% |
| 182 | Costamare Bulkers Holdings | Y2001C101 | 37,010 | $320,877 | 0.08% |
| 183 | Goldman Sachs BDC Inc | GSBD | 28,355 | $318,994 | 0.08% |
| 184 | Invesco Limited | IVZ | 19,575 | $308,698 | 0.08% |
| 185 | Thor Industries Inc | 885160101 | 3,460 | $307,283 | 0.08% |
| 186 | Oracle Corp | ORCL-PD | 1,390 | $303,896 | 0.08% |
| 187 | Chevron Corp | CVX | 2,107 | $301,701 | 0.08% |
| 188 | Autozone Inc | AZO | 80 | $296,978 | 0.08% |
| 189 | Stryker Corp | SYK | 742 | $293,557 | 0.08% |
| 190 | Union Pacific Corp | UNP | 1,239 | $285,069 | 0.08% |
| 191 | Novartis AG | NVSEF | 2,345 | $283,768 | 0.08% |
| 192 | iShares Core S&P Small-Cap ETF | 464287804 | 2,578 | $281,750 | 0.07% |
| 193 | Pilgrims Pride Corp | PPC | 6,120 | $275,278 | 0.07% |
| 194 | Masco Corp | MAS | 4,170 | $268,381 | 0.07% |
| 195 | DR Horton Inc | 23331A109 | 2,038 | $262,739 | 0.07% |
| 196 | Warrior Met Coal Inc | HCC | 5,715 | $261,918 | 0.07% |
| 197 | Patrick Industries Inc | 703343103 | 2,820 | $260,201 | 0.07% |
| 198 | Greenbrier Companies, Inc. | 393657101 | 5,605 | $258,110 | 0.07% |
| 199 | Terex Corp | TEX | 5,460 | $254,927 | 0.07% |
| 200 | CVS Health Corp | CVS | 3,580 | $246,948 | 0.07% |
| 201 | iShares Morningstar Mid-Cap Growth ETF | 464288307 | 3,065 | $245,883 | 0.07% |
| 202 | Permian Resources Corp | PR | 18,005 | $245,228 | 0.06% |
| 203 | Evercore Inc | EVR | 880 | $237,618 | 0.06% |
| 204 | Vanguard Real Estate Index Fund ETF | 922908553 | 2,570 | $228,884 | 0.06% |
| 205 | Sanofi SA | SNYNF | 4,735 | $228,748 | 0.06% |
| 206 | Visa Inc | V | 625 | $221,906 | 0.06% |
| 207 | Amazon.com Inc | AMZN | 1,000 | $219,390 | 0.06% |
| 208 | Vanguard Tax-Exempt Bond Index ETF | 922907746 | 4,467 | $219,017 | 0.06% |
| 209 | Chord Energy Corp | CHRD | 2,252 | $218,106 | 0.06% |
| 210 | Booking Holdings Inc | BKNG | 37 | $214,202 | 0.06% |
| 211 | Vanguard Value Index Fund ETF | 922908744 | 1,144 | $202,191 | 0.05% |
| 212 | SPDR Portfolio S&P 500 ETF | 78464A854 | 2,768 | $201,206 | 0.05% |
| 213 | CSX Corp | CSX | 6,144 | $200,479 | 0.05% |
| 214 | Kirby Corp | KEX | 1,765 | $200,169 | 0.05% |
| 215 | Cohu Inc | COHU | 10,060 | $193,554 | 0.05% |
| 216 | AES Corp | AES | 17,812 | $187,382 | 0.05% |
| 217 | Amneal Pharmaceuticals Inc | AMRX | 19,105 | $154,559 | 0.04% |
| 218 | Park Hotels and Resorts Inc | PK | 12,990 | $132,888 | 0.04% |
| 219 | Wabash National Corp | 929566107 | 12,400 | $131,812 | 0.03% |
| 220 | Janus International Group Inc | JBI | 14,975 | $121,897 | 0.03% |
| 221 | Bausch Health Companies Inc | 071734107 | 15,225 | $101,399 | 0.03% |
| 222 | Medical Properties Trust Inc | 58463J304 | 15,725 | $67,775 | 0.02% |
| 223 | Service Properties Trust | 81761L102 | 28,250 | $67,518 | 0.02% |
| 224 | Coty Inc | COTY | 11,400 | $53,010 | 0.01% |
| 225 | Basanite Inc | BASA | 31,000 | $1,271 | 0.00% |