SEC 13F Intelligence

Managers / Q1 2026

Kendall Capital Management

CIK 0001731372 · 2000 TOWER OAKS BOULEVARD, SUITE 240, ROCKVILLE, MD, 20852 · 3018389110

Reported Value
$488M
Q1 2026
Positions
231
Filings on Record
30
2019–present window
Filed
Apr 24, 2026
original filing

Summary

Kendall Capital Management reported $488M in U.S.-listed holdings across 231 positions for Q1 2026.

Its largest position, T Rowe Price Small Mid Cap Etf, represents 5.6% of the portfolio.

Compared with Q4 2025, the fund opened 14 new positions and exited 13.

Portfolio Metrics

Turnover
+6.1%
vs prior filed quarter
Top-10 Concentration
+32.9%
share of reported value
Largest Position
+5.6%
T Rowe Price Small Mid Cap Etf
New / Exited
14 / 13
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: $97MQ4 ’18Q1 ’19: $105MQ2 ’19: $111MQ3 ’19: $113MQ4 ’19: $127MQ4 ’19Q1 ’20: $88MQ2 ’20: $104MQ3 ’20: $115MQ4 ’20: $137MQ4 ’20Q1 ’21: $162MQ2 ’21: $178MQ3 ’21: $185MQ4 ’21: $211MQ4 ’21Q1 ’22: $207MQ2 ’22: $182MQ3 ’22: $172MQ1 ’23: $208,144Q1 ’23Q2 ’23: $228,147Q3 ’23: $225,574Q1 ’24: $291MQ2 ’24: $300MQ2 ’24Q3 ’24: $324MQ4 ’24: $342MQ1 ’25: $340MQ2 ’25: $378MQ2 ’25Q3 ’25: $444MQ4 ’25: $478MQ1 ’26: $488Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 58.9%ETP: 36.1%Other: 4.1%ADR: 0.6%REIT: 0.3%
  • Common Stock · 58.9% · $288M
  • ETP · 36.1% · $176M
  • Other · 4.1% · $20M
  • ADR · 0.6% · $3M
  • REIT · 0.3% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LLYEli Lilly And CompanyNEW+1.4K1.4K+$1M$1M
AstraZeneca plcNEW+4.0K4.0K+$784,147$784,147
GPNGlobal Payments IncNEW+6.5K6.5K+$438,661$438,661
PEPPepsiCo IncNEW+2.5K2.5K+$380,616$380,616
SMSM Energy CoNEW+10.8K10.8K+$336,307$336,307
KOCoca-Cola CoNEW+4.3K4.3K+$328,460$328,460
ALSAllstate CorpNEW+1.5K1.5K+$307,900$307,900
CHRDChord Energy CorpNEW+1.8K1.8K+$249,810$249,810

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

Holdings — Q1 2026

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1T. Rowe Price Small-Mid Cap ETFSMALL MID CAP5.57%$27M741.3K
2iShares Russell 2500 ETFRUSEL 2500 ETF5.55%$27M354.9K
3JPMorgan International Research Enhanced Equity ETFINTRNL RES EQT5.20%$25M334.7K
4AVGOBroadcom Inchistory →COM2.84%$14M44.8K
5VUGVanguard Growth Index Fund ETFhistory →GROWTH ETF2.73%$13M30.5K
6Vanguard Emerging Markets Stock ETFFTSE EMR MKT ETF2.56%$13M231.5K
7JPMorgan Ultra-Short Income ETFULTRA SHRT ETF2.39%$12M230.9K
8DELLDell Technologies Inchistory →CL C2.15%$10M63.9K
9AVTAvnet Inchistory →COM2.13%$10M168.9K
10KLACKLA Corphistory →COM NEW1.72%$8M5.7K
11OMCOmnicom Group Inchistory →COM1.58%$8M102.1K
12Vanguard Large-Cap ETFLARGE CAP ETF1.35%$7M22.1K
13VSECVSE Corphistory →COM1.33%$6M35.2K
14HPEHewlett Packard Enterprise Cohistory →COM1.23%$6M251.8K
15VCTRVictory Capital Holdings Inchistory →COM CL A1.19%$6M88.9K
16CLSCelestica Inchistory →COM1.19%$6M20.6K
17Vanguard Mid-Cap ETFMID CAP ETF1.18%$6M20.1K
18GOOGLAlphabet Inc Ahistory →CAP STK CL A1.12%$5M19.0K
19FHIFederated Hermes Inchistory →CL B1.12%$5M96.4K
20ABBVAbbvie Inchistory →COM1.11%$5M24.9K
21ABGCencora Inchistory →COM1.11%$5M17.2K
22AAPLApple Inchistory →COM1.10%$5M21.1K
23NXSTNexstar Media Group Inchistory →COMMON STOCK1.07%$5M29.0K
24FlexShares iBoxx 5-Yr Target Duration TIPS IndexIBOXX 5YR TRGT0.96%$5M193.7K
25Vanguard Total Stock Market ETFTOTAL STK MKT0.94%$5M14.3K
26CSG Systems International IncCOM0.91%$4M55.4K
27Costamare IncSHS0.89%$4M257.7K
28CMICummins IncCOM0.87%$4M7.9K
29GENGen Digital IncCOM0.79%$4M203.5K
30BMYBristol-Myers Squibb CoCOM0.77%$4M61.6K
31UTHUnited Therapeutics CorpCOM0.76%$4M6.3K
32EQHEquitable Holdings IncCOM0.76%$4M99.9K
33VTVVanguard Value Index Fund ETFVALUE ETF0.76%$4M18.9K
34JXNJackson Financial IncCOM CL A0.74%$4M34.3K
35ARWArrow Electronics IncCOM0.74%$4M25.2K
36Vanguard FTSE All-World ex-US ETFALLWRLD EX US0.73%$4M47.1K
37NVDANvidia CorpCOM0.71%$3M20.0K
38MAMastercard IncCL A0.71%$3M7.0K
39WLYJohn Wiley & Sons Inc Class ACL A0.70%$3M90.0K
40ACMRACM Research IncCOM CL A0.67%$3M83.1K
41CDWCDW CorpCOM0.67%$3M26.9K
42BWABorgWarner IncCOM0.63%$3M57.1K
43EXPEExpedia Group IncCOM NEW0.61%$3M12.9K
44MCKMcKesson CorpCOM0.59%$3M3.3K
45WD5ATravel and Leisure CoCOM0.59%$3M41.4K
46RRyder System IncCOM0.58%$3M13.8K
47VTRSViatris IncCOM0.57%$3M207.6K
48iShares Micro-Cap ETFMICRO-CAP ETF0.57%$3M17.4K
49VVXV2X IncCOM0.52%$3M37.1K
50Accenture PlcSHS CLASS A0.51%$3M12.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$488M231Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$478M230Jan 16, 202613F-HRchanges · EDGAR ↗
Q3 2025$444M232Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$378M225Jul 16, 202513F-HRchanges · EDGAR ↗
Q1 2025$340M218Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$342M217Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$324M210Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$300M209Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$291M210May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023Under review203Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$225,574194Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023$228,147195Jul 28, 202313F-HRchanges · EDGAR ↗
Q1 2023$208,144185May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review182Jan 30, 202313F-HRchanges · EDGAR ↗
Q3 2022$172M169Nov 2, 202213F-HRchanges · EDGAR ↗
Q2 2022$182M168Jul 29, 202213F-HRchanges · EDGAR ↗
Q1 2022$207M162May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$211M164Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$185M152Nov 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$178M149Jul 30, 202113F-HRchanges · EDGAR ↗
Q1 2021$162M141May 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$137M126Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$115M123Oct 22, 202013F-HRchanges · EDGAR ↗
Q2 2020$104M118Jul 30, 202013F-HRchanges · EDGAR ↗
Q1 2020$88M103Apr 27, 202013F-HRchanges · EDGAR ↗
Q4 2019$127M112Jan 24, 202013F-HRchanges · EDGAR ↗
Q3 2019$113M114Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$111M115Aug 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$105M114May 8, 201913F-HRchanges · EDGAR ↗
Q4 2018$97M108Feb 13, 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 ↗.