SEC 13F Intelligence

Managers / Q2 2025 · view latest →

MAGNOLIA CAPITAL MANAGEMENT LTD

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

Reported Value
$125M
Q2 2025
Positions
75
Filings on Record
28
2020–present window
Filed
Jul 23, 2025
original filing

Summary

Magnolia Capital Management Ltd reported $125M in U.S.-listed holdings across 75 positions for Q2 2025.

Its largest position, Invesco Qqq Tr Unit, represents 16.5% of the portfolio.

Compared with Q1 2025, the fund opened 4 new positions and exited 1.

Portfolio Metrics

Turnover
+2.3%
vs prior filed quarter
Top-10 Concentration
+61.4%
share of reported value
Largest Position
+16.5%
Invesco Qqq Tr Unit
New / Exited
4 / 1
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, 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: 61.2%Common Stock: 20.5%ETP: 15.9%ADR: 0.8%Open-End Fund: 0.7%Other: 0.8%
  • Other · 61.2% · $77M
  • Common Stock · 20.5% · $26M
  • ETP · 15.9% · $20M
  • ADR · 0.8% · $1M
  • Open-End Fund · 0.7% · $933,000
  • Other · 0.8% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Vertiv Holdings LLC Cl ANEW+2.6K2.6K+$331,000$331,000
Dell Technologies Inc Cl CNEW+1.8K1.8K+$223,000$223,000
ACWIiShares MSCI ACWI ETFNEW+1.7K1.7K+$214,000$214,000
EWGiShares MSCI Germany ETFNEW+5.1K5.1K+$214,000$214,000
SPDR Portfolio Lr ETFSOLD OUT8.9K0$585,000$0
OKEOneok IncTRIMMED4663.5K$108,000$287,000
IVEiShares S&P 500 Val ETFTRIMMED8506.5K$131,000$1M
Cisco Systems IncTRIMMED2.7K28.4K+$51,000$2M

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

Holdings — Q2 2025

75 positions
#IssuerClass% PortfolioValueShares
1Invesco Qqq Tr Unit Ser 1UIU16.47%$21M37.4K
2SPDR S&P 500 ETF TrUIU15.36%$19M31.1K
3IJHiShares Core S&P Mid-Caphistory →UIU6.05%$8M122.1K
4SPDR Dow Jones Industrial AvrgUIU5.79%$7M16.5K
5AAPLApple Inchistory →COM4.38%$5M26.7K
6IJRiShares Core S & P Small Caphistory →UIU2.99%$4M34.3K
7BRK/BBerkshire Hathaway Inc Cl Bhistory →COM2.82%$4M7.3K
8MSFTMicrosoft Corphistory →COM2.58%$3M6.5K
9IYJiShares US Industries ETFhistory →UIU2.50%$3M22.0K
10Alphabet Inc Cap Stock Cl CCOM2.43%$3M17.2K
11Select Sector SPDR HealthcareUIU1.92%$2M17.8K
12Select Sector SPDR Cons DiscreUIU1.90%$2M10.9K
13Cisco Systems IncCOM1.58%$2M28.4K
14AMZNAmazon.com Inchistory →COM1.53%$2M8.8K
15Select Sector SPDR Consumer StUIU1.47%$2M22.8K
16JNJJohnson & Johnsonhistory →COM1.32%$2M10.8K
17NVIDIA CorpCOM1.20%$2M9.5K
18BROADCOM INC COMCOM1.13%$1M5.2K
19Select Sector SPDR IndustrialsUIU1.11%$1M9.4K
20IVEiShares S&P 500 Val ETFhistory →UIU1.01%$1M6.5K
21SPDR Asia Pacific ETFUIU0.91%$1M9.0K
22Select Sector SPDR Tr CommunicUIU0.87%$1M10.0K
23IYFiShares US Financials ETFUIU0.85%$1M8.8K
24JPMorgan Chase & CoCOM0.83%$1M3.6K
25Costco Wholesale CorpCOM0.80%$998,0001.0K
26PGProcter And Gamble CoCOM0.80%$996,0006.3K
27QCOMQualcomm IncCOM0.78%$973,0006.1K
28FXAIXFidelity Tr 500 Index Ins PremMTF0.75%$933,0004.3K
29HONHoneywell Intl IncCOM0.65%$815,0003.5K
30PEPPepsiCo IncCOM0.58%$728,0005.5K
31IBMIntl Business MachinesCOM0.58%$724,0002.5K
32FDISFidelity MSCI Consm DisUIU0.58%$723,0007.7K
33Exxon Mobil CorpCOM0.58%$720,0006.7K
34HDHome Depot IncCOM0.56%$704,0001.9K
35Adobe IncCOM0.56%$696,0001.8K
36AbbVie IncCOM0.55%$684,0003.7K
37Merck & Co IncCOM0.53%$665,0008.4K
38ABTAbbott LaboratoriesCOM0.52%$657,0004.8K
39AXPAmerican Express CoCOM0.51%$638,0002.0K
40ORealty Income CorpRET0.51%$635,00011.0K
41Accenture PLC Ireland Class ACOM0.48%$601,0002.0K
42NSRGYNestle SA Sp ADRADR0.48%$596,0006.0K
43WMTWal-Mart Stores IncCOM0.47%$593,0006.1K
44AMGNAmgen IncCOM0.47%$586,0002.1K
45Trane Technologies PLCCOM0.47%$582,0001.3K
46ITAiShares US Aer&Def ETFUIU0.45%$569,0003.0K
47APDAir Prods & Chems IncCOM0.45%$567,0002.0K
48RYRoyal Bank of Canada MontrealCOM0.44%$550,0004.2K
49VOVanguard Mid Cap ETFUIU0.44%$546,0001.9K
50Constellation Brands Inc Cl ACOM0.41%$508,0003.1K
51CSXCSX CorpCOM0.39%$486,00014.9K
52EFAiShares MSCI EAFE ETFUIU0.35%$439,0004.9K
53M & T Bank CorpCOM0.35%$433,0002.2K
54DTEGYDeutsche Telekom AG Sp ADRADR0.34%$425,00011.6K
55Constellation Energy CorpCOM0.33%$410,0001.3K
56FTECFidelity MSCI Info Tech IUIU0.33%$409,0002.1K
57EPDEnterprise Products Partners LML0.32%$404,00013.0K
58Valero Energy CorpCOM0.32%$403,0003.0K
59Select Sector SPDR FinancialUIU0.29%$364,0007.0K
60DKSDicks Sporting Goods IncCOM0.28%$353,0001.8K
61ASML Holding NV NY RegistryADR0.28%$349,000435
62Nextera Energy IncCOM0.28%$347,0005.0K
63Vertiv Holdings LLC Cl ACOM0.26%$331,0002.6K
64Crown Castle Intl CorpRET0.26%$328,0003.2K
65Spinnaker Etf Series Select StUIU0.25%$312,0007.2K
66Select Sector SPDR UtilitiesUIU0.24%$304,0003.7K
67OKEOneok IncCOM0.23%$287,0003.5K
68American Beacon Small Cap ValuMTF0.22%$278,00012.7K
69SPDR S&P Metals MiningUIU0.22%$273,0004.1K
70BNYBank New York Mellon CorpCOM0.19%$242,0002.7K
71iShares Core MSCI Emerg MktUIU0.18%$227,0003.8K
72Dell Technologies Inc Cl CCOM0.18%$223,0001.8K
73Select Sector SPDR EnergyUIU0.17%$215,0002.5K
74ACWIiShares MSCI ACWI ETFUIU0.17%$214,0001.7K
75EWGiShares MSCI Germany ETFUIU0.17%$214,0005.1K

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 ↗.