SEC 13F Intelligence

Managers / Q2 2023 · view latest →

MAGNOLIA CAPITAL MANAGEMENT LTD

CIK 0001802361 · 145 MAIN STREET, COLD SPRING, NY, 10516 · 8458095259

Reported Value
$111M
Q2 2023
Positions
129
Filings on Record
28
2020–present window
Filed
Aug 3, 2023
original filing

Summary

Magnolia Capital Management Ltd reported $111M in U.S.-listed holdings across 129 positions for Q2 2023.

Its largest position, Spdr S P 500 Etf Tr, represents 15.9% of the portfolio.

Compared with Q1 2023, the fund opened 0 new positions and exited 11.

Portfolio Metrics

Turnover
+3.9%
vs prior filed quarter
Top-10 Concentration
+57.5%
share of reported value
Largest Position
+15.9%
Spdr S P 500 Etf Tr

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 ’19: $100MQ4 ’19Q4 ’20: $97MQ1 ’21: $101MQ2 ’21: $104MQ2 ’21Q3 ’21: $116MQ4 ’21: $127MQ1 ’22: $121MQ1 ’22Q2 ’22: $102MQ3 ’22: $97MQ4 ’22: $103MQ4 ’22Q1 ’23: $106MQ2 ’23: $111MQ3 ’23: $103MQ3 ’23Q4 ’23: $110MQ1 ’24: $118MQ2 ’24: $119MQ2 ’24Q3 ’24: $126MQ4 ’24: $126MQ1 ’25: $117MQ1 ’25Q2 ’25: $125MQ3 ’25: $130MQ4 ’25: $134MQ4 ’25Q1 ’26: $148Mfilingsflow.com

Portfolio Composition

By security type
Other: 58.2%Common Stock: 21.4%ETP: 16.5%MLP: 1.5%REIT: 1.1%Other: 1.4%
  • Other · 58.2% · $64M
  • Common Stock · 21.4% · $24M
  • ETP · 16.5% · $18M
  • MLP · 1.5% · $2M
  • REIT · 1.1% · $1M
  • Other · 1.4% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FDISFidelity MSCI Consm DisADDED+8.8K9.0K+$648,000$661,000
NUENucor CorpSOLD OUT−1.5K0−$232,000$0
Edgewood Growth InstSOLD OUT−5.5K0−$198,000$0
GLWCorning IncSOLD OUT−4.0K0−$141,000$0
YUMYum Brands IncSOLD OUT−1.0K0−$132,000$0
AFLAflac IncSOLD OUT−2.0K0−$129,000$0
EAElectronic Arts IncSOLD OUT−1.0K0−$120,000$0
MetLife IncSOLD OUT−2.0K0−$116,000$0

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

Holdings — Q2 2023

128 positions (from 129 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPDR S&P 500 ETF TrUIU15.90%$18M39.7K
2Invesco Qqq Tr Unit Ser 1UIU13.19%$15M39.6K
3IJHiShares Core S&P Mid-Caphistory →UIU6.29%$7M26.7K
4SPDR Dow Jones Industrial AvrgUIU5.41%$6M17.4K
5AAPLApple Inchistory →COM4.53%$5M25.9K
6IJRiShares Core S & P Small Caphistory →UIU3.80%$4M42.2K
7Select Sector SPDR HealthcareUIU2.40%$3M20.1K
8IYJiShares US Industries ETFhistory →UIU2.11%$2M22.0K
9BRK/BBerkshire Hathaway Inc Cl Bhistory →COM2.09%$2M6.8K
10MSFTMicrosoft Corphistory →COM1.75%$2M5.7K
11Alphabet Inc Cap Stock Cl CCOM1.70%$2M15.6K
12Select Sector SPDR Cons DiscreUIU1.67%$2M10.9K
13JNJJohnson & Johnsonhistory →COM1.67%$2M11.2K
14Cisco Systems IncCOM1.65%$2M35.3K
15Select Sector SPDR Consumer StUIU1.52%$2M22.7K
16Magellan Midstream Partners LPML1.20%$1M21.3K
17BNY Mellon Mid Cap Multi StratMTF1.16%$1M76.3K
18ORealty Income Corphistory →RET1.09%$1M20.2K
19PEPPepsiCo Inchistory →COM1.02%$1M6.1K
20AMZNAmazon.com Inchistory →COM1.02%$1M8.7K
21Constellation Brands Inc Cl ACOM0.98%$1M4.4K
22Crown Castle Intl CorpRET0.97%$1M9.4K
23VTVVanguard Value ETFUIU0.94%$1M7.4K
24Select Sector SPDR IndustrialsUIU0.91%$1M9.4K
25Merck & Co IncCOM0.87%$969,0008.4K
26PGProcter And Gamble CoCOM0.86%$951,0006.3K
27QCOMQualcomm IncCOM0.80%$889,0007.5K
28Adobe IncCOM0.79%$880,0001.8K
29HONHoneywell Intl IncCOM0.70%$780,0003.8K
30NSRGYNestle SA Sp ADRADR0.65%$722,0006.0K
31BROADCOM INC COMCOM0.63%$694,000800
32SPDR Asia Pacific ETFUIU0.61%$671,0006.8K
33FXAIXFidelity Tr 500 Index Ins PremMTF0.60%$669,0004.3K
34FDISFidelity MSCI Consm DisUIU0.60%$661,0009.0K
35IYFiShares US Financials ETFUIU0.60%$660,0008.8K
36Accenture PLC Ireland Class ACOM0.56%$621,0002.0K
37APDAir Prods & Chems IncCOM0.54%$602,0002.0K
38HDHome Depot IncCOM0.54%$596,0001.9K
39Exxon Mobil CorpCOM0.52%$579,0005.4K
40BNY Mellon Small Cap Multi StrMTF0.51%$565,00031.3K
41IBMIntl Business MachinesCOM0.49%$543,0004.1K
42Costco Wholesale CorpCOM0.49%$543,0001.0K
43UPSUnited Parcel Service Inc Cl BCOM0.49%$541,0003.0K
44ABTAbbott LaboratoriesCOM0.47%$526,0004.8K
45CSXCSX CorpCOM0.46%$508,00014.9K
46GISGeneral Mills IncCOM0.46%$506,0006.6K
47PFEPfizer IncCOM0.45%$501,00013.7K
48ITAiShares US Aer&Def ETFUIU0.45%$499,0004.3K
49AbbVie IncCOM0.45%$496,0003.7K
50SPDR S&P Div ETFUIU0.43%$478,0003.9K
51AMGNAmgen IncCOM0.42%$466,0002.1K
52Nextera Energy IncCOM0.41%$454,0006.1K
53VOVanguard Mid Cap ETFUIU0.39%$429,0001.9K
54JPMorgan Chase & CoCOM0.38%$425,0002.9K
55NVIDIA CorpCOM0.38%$423,0001.0K
56INTCIntel CorpCOM0.38%$418,00012.5K
57Trane Technologies PLCCOM0.35%$383,0002.0K
58Select Sector SPDR EnergyUIU0.34%$380,0004.7K
59Select Sector SPDR Tr CommunicUIU0.33%$363,0005.6K
60Visa Inc Cl ACOM0.32%$356,0001.5K
61Valero Energy CorpCOM0.32%$352,0003.0K
62AXPAmerican Express CoCOM0.31%$348,0002.0K
63M & T Bank CorpCOM0.31%$338,0002.7K
64EPDEnterprise Products Partners LML0.30%$330,00012.5K
65Goldman Sachs Group IncCOM0.29%$323,0001.0K
66RYRoyal Bank of Canada MontrealCOM0.29%$322,0003.4K
67WFCWells Fargo & CoCOM0.29%$320,0007.5K
68WMTWal-Mart Stores IncCOM0.29%$318,0002.0K
69VYMVanguard High Div YieldUIU0.28%$313,0003.0K
70MDLZMondelez Intl Inc Cl ACOM0.27%$295,0004.0K
71American Beacon Small Cap ValuMTF0.26%$285,00012.7K
72FTECFidelity MSCI Info Tech IUIU0.25%$276,0002.1K
73SPDR S&P Metals MiningUIU0.25%$276,0005.4K
74CVSCVS Health CorpCOM0.22%$247,0003.6K
75IYMiShares US Bas Mtl ETFUIU0.21%$236,0001.8K
76Capital One Financial CorpCOM0.20%$219,0002.0K
77Select Sector SPDR FinancialUIU0.20%$217,0006.4K
78Vanguard Health Care ETFUIU0.15%$162,000660
79ACWIiShares MSCI ACWI ETFUIU0.14%$160,0001.7K
80TXNTexas Instruments IncCOM0.14%$159,000882
81Alps Etf Tr Alerian MlpUIU0.13%$146,0003.7K
82EWGiShares MSCI Germany ETFUIU0.13%$144,0005.1K
83LHXL3harris Technologies IncCOM0.12%$138,000707
84BNYBank New York Mellon CorpCOM0.12%$132,0003.0K
85Pioneer Natural Resources CoCOM0.10%$114,000550
86SLASXSelected American Inc Cl SMTF0.10%$108,0003.0K
87Select Sector SPDR UtilitiesUIU0.06%$71,0001.1K
88VGKVanguard FTSE Europe ETFUIU0.06%$70,0001.1K
89IVViShares Core S&P 500 ETFUIU0.06%$68,000153
90IYWiShares US Tech ETFUIU0.06%$65,000600
91BDXBecton Dickinson & CoCOM0.05%$60,000228
92Salisbury Bancorp IncCOM0.05%$51,0002.1K
93IVWiShares S&P 500 Growth ETFUIU0.03%$38,000545
94VEAVanguard FTSE Developed MarketUIU0.03%$34,000740
95VBVanguard Small Cap ETFUIU0.03%$28,000143
96DISDisney Walt Co DisneyCOM0.02%$27,000300
97First Eagle Global Fund Cl IMTF0.02%$25,000400
98Travelers Companies IncCOM0.02%$19,000108
99IJKiShares S&P Mc 400Gr ETFUIU0.02%$19,000256
100Charter Communications Inc ClCOM0.02%$19,00052

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$148M74May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$134M75Jan 27, 202613F-HRchanges · EDGAR ↗
Q3 2025$130M70Oct 29, 202513F-HRchanges · EDGAR ↗
Q2 2025$125M75Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$117M72Apr 3, 202513F-HRchanges · EDGAR ↗
Q4 2024$126M72Jan 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$126M71Oct 21, 202413F-HRchanges · EDGAR ↗
Q2 2024$119M69Jul 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$118M68Apr 16, 202413F-HRchanges · EDGAR ↗
Q4 2023$110M69Jan 16, 202413F-HRchanges · EDGAR ↗
Q3 2023$103M126Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$111M129Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$106M140May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$103M140Jan 18, 202313F-HRchanges · EDGAR ↗
Q3 2022$97M121Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$102M122Jul 14, 202213F-HRchanges · EDGAR ↗
Q1 2022$121M121Apr 7, 202213F-HRchanges · EDGAR ↗
Q4 2021$127M118Jan 6, 202213F-HRchanges · EDGAR ↗
Q3 2021$116M73Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$104M42Aug 3, 202113F-HRchanges · EDGAR ↗
Q1 2021$101M46May 17, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$97M46May 17, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2019$100M54Feb 13, 202013F-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 ↗.