SEC 13F Intelligence

Managers / Q2 2023 · view latest →

MAI Capital Management

CIK 0001040197 · 6050 OAK TREE BLVD SUITE 500, INDEPENDENCE, OH, 44131 · 216-436-3500

Reported Value
$6.8B
Q2 2023
Positions
1,123
Filings on Record
30
2019–present window
Filed
Aug 2, 2023
original filing

Summary

Mai Capital Management reported $6.8B in U.S.-listed holdings across 1,123 positions for Q2 2023.

Its largest position, Ishares S P 500 Index, represents 7.8% of the portfolio.

Compared with Q1 2023, the fund opened 84 new positions and exited 72.

Portfolio Metrics

Turnover
+3.8%
vs prior filed quarter
Top-10 Concentration
+29.6%
share of reported value
Largest Position
+7.8%
Ishares S P 500 Index
New / Exited
84 / 72
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.7BQ4 ’18Q1 ’19: $2.0BQ2 ’19: $2.2BQ3 ’19: $2.2BQ4 ’19: $3.1BQ4 ’19Q1 ’20: $2.5BQ2 ’20: $3.2BQ3 ’20: $3.5BQ4 ’20: $4.0BQ4 ’20Q1 ’21: $4.5BQ2 ’21: $5.0BQ3 ’21: $5.2BQ4 ’21: $6.2BQ4 ’21Q1 ’22: $5.9BQ2 ’22: $5.2BQ3 ’22: $5.3BQ4 ’22: $6.0BQ4 ’22Q1 ’23: $6.3BQ2 ’23: $6.8BQ3 ’23: $6.7BQ4 ’23: $7.6BQ4 ’23Q1 ’24: $9.7BQ2 ’24: $10.2BQ3 ’24: $10.5BQ4 ’24: $13.5BQ4 ’24Q1 ’25: $13.3BQ2 ’25: $14.5BQ3 ’25: $16.1BQ4 ’25: $17.4BQ4 ’25Q1 ’26: $17.7Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 40.8%ETP: 34.8%Other: 22.1%ADR: 0.9%REIT: 0.8%Other: 0.6%
  • Common Stock · 40.8% · $2.8B
  • ETP · 34.8% · $2.4B
  • Other · 22.1% · $1.5B
  • ADR · 0.9% · $64M
  • REIT · 0.8% · $55M
  • Other · 0.6% · $38M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Invesco S&P 500 HealthcareNEW+34.3K34.3K+$10M$10M
PJT Partners IncNEW+103.1K103.1K+$7M$7M
TD RTY 10/24/2024 15 abs ret bNEW+4.40M4.40M+$5M$5M
RBC SPX due 11/24/2025NEW+3.52M3.52M+$4M$4M
AIQUYAir Liquide ADRNEW+35.9K35.9K+$1M$1M
Riverview Acquisition CorpNEW+103.3K103.3K+$1M$1M
RELXRelx PlcNEW+26.9K26.9K+$899,078$899,078
Avadel Pharmaceuticals PLC ADRNEW+51.3K51.3K+$844,930$844,930

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1iShares S&P 500 IndexEZ7.81%$531M1.19M
2AAPLApple Inchistory →CS4.41%$300M1.55M
3MSFTMicrosoft Corphistory →CS3.97%$270M792.9K
4SPDR S&P 500 ETF TRUSTEE3.69%$251M566.3K
5iShares S&P Mid Cap IndexEZ2.20%$150M572.2K
6AMZNAmazon Com Inchistory →CS1.54%$105M804.0K
7iShares S&P Small Cap IndexEZ1.52%$103M1.03M
8Vanguard FTSE Developed Mkts EEE1.50%$102M2.21M
9iShares S&P Barra Value IndexEZ1.48%$101M625.5K
10iShares Russell 1000 Growth InEZ1.47%$100M364.1K
11MDYSPDR S&P Mid Cap 400 ETFhistory →EE1.46%$99M207.5K
12iShares Core MSCI EAFEEZ1.25%$85M1.26M
13INVESCO QQQ TR SER 1EE1.23%$83M226.0K
14Vanguard Tot Stock Mrkt ETFEE1.17%$79M359.7K
15SPDR S&P Dividend ETFEE1.15%$78M636.1K
16Vanguard Dividend AppreciationEE1.12%$76M470.4K
17Alphabet Inc Class CCS1.09%$74M613.1K
18GOOGLAlphabet Inc Classhistory →CS1.07%$73M606.1K
19iShares Russell 2000 IndexEZ1.06%$72M386.0K
20JNJJohnson and Johnsonhistory →CS1.04%$70M425.1K
21VVisa Inc Class A Shareshistory →CS1.02%$69M292.3K
22Vanguard FTSE Emerging Mkts ETEE0.93%$64M1.56M
23HDHome Depot Inchistory →CS0.93%$63M202.9K
24iShares S&P 500 GrowthEZ0.91%$62M873.3K
25iShares S&P Mid Cap 400 GrowthEZ0.86%$59M781.7K
26UNHUnitedHealth Group Inchistory →CS0.85%$58M120.8K
27iShares Core MSCI Emerging MktEZ0.85%$58M1.17M
28NVDANvidia Corphistory →CS0.83%$56M133.5K
29AVGOBroadcom Inchistory →CS0.73%$50M57.5K
30SHWSherwin Williams Companyhistory →CS0.72%$49M185.2K
31PEPPepsico Inchistory →CS0.71%$48M259.9K
32Cisco Systems IncCS0.68%$46M898.1K
33Abbvie IncCS0.66%$45M332.6K
34METAMeta Platforms Inchistory →CS0.65%$44M154.1K
35JPMJP Morgan Chase & Cohistory →CS0.65%$44M304.1K
36LLYLilly, Eli Cohistory →CS0.64%$44M93.1K
37PGProcter & Gamble Cohistory →CS0.63%$43M283.1K
38ABTAbbott Labshistory →CS0.62%$42M389.2K
39QCOMQualcomm Incorporatedhistory →CS0.57%$39M326.6K
40MCDMcDonalds Corphistory →CS0.57%$39M130.3K
41RTXRTX Corphistory →CS0.57%$39M396.8K
42HONGBPHoneywell Intl Inchistory →CS0.56%$38M183.3K
43BRK/BBerkshire Hathaway Class Bhistory →CS0.56%$38M110.8K
44NEENextera Energy Inchistory →CS0.55%$38M507.5K
45iShares Russell 1000 Value IndEZ0.55%$38M238.4K
46iShares S&P Mid Cap 400 ValueEZ0.55%$37M349.5K
47COSTCostco Wholesale Corphistory →CS0.54%$37M68.7K
48Invesco Aerospace Defense ETFEE0.52%$35M418.4K
49iShares Russell 2000 Value IndEZ0.52%$35M250.8K
50Eaton Corp PlcCS0.51%$35M173.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$17.7B5,019May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$17.4B4,360Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$16.1B3,808Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$14.5B3,960Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$13.3B3,441May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$13.5B3,496Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$10.5B1,188Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$10.2B1,337Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$9.7B1,303May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$7.6B1,176Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$6.7B1,124Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$6.8B1,123Aug 2, 202313F-HRchanges · EDGAR ↗
Q1 2023$6.3B1,121May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$6.0B1,078Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$5.3B1,004Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$5.2B966Jul 19, 202213F-HRchanges · EDGAR ↗
Q1 2022$5.9B988May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$6.2B989Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$5.2B869Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$5.0B841Jul 19, 202113F-HRchanges · EDGAR ↗
Q1 2021$4.5B776May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$4.0B718Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.5B631Oct 26, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.2B587Jul 27, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.5B573Apr 16, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.1B624Feb 3, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.2B562Oct 29, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.2B561Aug 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.0B489Apr 29, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.7B456Jan 30, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.