SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Mendel Capital Management LLC

CIK 0001911384 · 18 CORPORATE HILL DR STE 202, LITTLE ROCK, AR, 72205 · 501-225-1405

Reported Value
$125M
Q2 2023
Positions
92
Filings on Record
17
2019–present window
Filed
Jul 17, 2023
original filing

Summary

Mendel Capital Management LLC reported $125M in U.S.-listed holdings across 92 positions for Q2 2023.

Its largest position, IYW, represents 18.9% of the portfolio.

Compared with Q1 2023, the fund opened 8 new positions and exited 2.

Portfolio Metrics

Turnover
+2.5%
vs prior filed quarter
Top-10 Concentration
+68.8%
share of reported value
Largest Position
+18.9%
Ishares Tr
New / Exited
8 / 2
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 ’21: $109MQ4 ’21Q1 ’22: $106MQ2 ’22: $89MQ3 ’22: $85MQ3 ’22Q4 ’22: $96MQ1 ’23: $111MQ2 ’23: $125MQ2 ’23Q3 ’23: $122MQ4 ’23: $139MQ1 ’24: $151MQ1 ’24Q2 ’24: $155MQ3 ’24: $163MQ4 ’24: $165MQ4 ’24Q1 ’25: $165MQ2 ’25: $175MQ3 ’25: $191MQ3 ’25Q1 ’26: $199Mfilingsflow.com

Portfolio Composition

By security type
ETP: 61.4%Common Stock: 37.8%REIT: 0.8%ADR: 0.1%
  • ETP · 61.4% · $77M
  • Common Stock · 37.8% · $47M
  • REIT · 0.8% · $1M
  • ADR · 0.1% · $71,049

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VEAVANGUARD TAX-MANAGED FDSNEW+18.5K18.5K+$853,699$853,699
SCHMSCHWAB STRATEGIC TRNEW+3.9K3.9K+$274,318$274,318
BNDXVANGUARD CHARLOTTE FDSNEW+5.2K5.2K+$253,937$253,937
IYHISHARES TRNEW+892892+$249,985$249,985
XLYSELECT SECTOR SPDR TRNEW+1.5K1.5K+$248,092$248,092
XLCSELECT SECTOR SPDR TRNEW+3.7K3.7K+$243,139$243,139
OZKBANK OZK LITTLE ROCK ARKNEW+5.6K5.6K+$225,481$225,481
NKENIKE INCNEW+2.0K2.0K+$224,839$224,839

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

Holdings — Q2 2023

71 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IYWISHARES TRU.S. TECH ETF · SELECT DIVID ETF · ESG AWR MSCI USA · ESG AW MSCI EAFE · 10-20 YR TRS ETF · CORE S&P500 ETF · EAFE GRWTH ETF · 0-5YR HI YL CP · GL CLEAN ENE ETF · MODERT ALLOC ETF · CORE DIV GRWTH · US HLTHCARE ETF · INTRM GOV CR ETF18.89%$24M251.0K
2SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · SCHWB FDT INT LG · US AGGREGATE B · INT-TRM U.S TRES · US SML CAP ETF · EMRG MKTEQ ETF · US MID-CAP ETF14.15%$18M304.3K
3XLKSELECT SECTOR SPDR TRTECHNOLOGY · SBI CONS DISCR · COMMUNICATION12.58%$16M92.9K
4VIGVANGUARD SPECIALIZED FUNDShistory →DIV APP ETF8.03%$10M61.8K
5AAPLAPPLE INChistory →COM4.09%$5M26.4K
6MSFTMICROSOFT CORPhistory →COM3.22%$4M11.8K
7VOOVANGUARD INDEX FDSS&P 500 ETF SHS · MID CAP ETF2.52%$3M8.2K
8WMTWALMART INChistory →COM2.29%$3M18.2K
9TDVPROSHARES TRhistory →S&P TECH DIVIDEN1.54%$2M29.1K
10IVOGVANGUARD ADMIRAL FDS INChistory →MIDCP 400 GRTH1.48%$2M19.8K
11SYKSTRYKER CORPORATIONhistory →COM1.30%$2M5.3K
12KRKROGER COhistory →COM1.23%$2M32.6K
13JNJJOHNSON & JOHNSONhistory →COM1.12%$1M8.4K
14JPMJPMORGAN CHASE & COhistory →COM1.11%$1M9.5K
15FDXFEDEX CORPhistory →COM1.10%$1M5.6K
16ADPAUTOMATIC DATA PROCESSING INhistory →COM1.09%$1M6.2K
17IBMINTERNATIONAL BUSINESS MACHShistory →COM1.05%$1M9.8K
18GWWGRAINGER W W INChistory →COM1.03%$1M1.6K
19LMTLOCKHEED MARTIN CORPCOM0.89%$1M2.4K
20AFLAFLAC INCCOM0.87%$1M15.6K
21AMGNAMGEN INCCOM0.87%$1M4.9K
22PHPARKER-HANNIFIN CORPCOM0.85%$1M2.7K
23DVNDEVON ENERGY CORP NEWCOM0.78%$969,21720.1K
24LHXL3HARRIS TECHNOLOGIES INCCOM0.75%$943,6284.8K
25TGTTARGET CORPCOM0.74%$929,9377.0K
26HDHOME DEPOT INCCOM0.74%$929,5693.0K
27TSNTYSON FOODS INCCL A0.69%$862,62016.9K
28VEAVANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.68%$853,69918.5K
29VZVERIZON COMMUNICATIONS INCCOM0.67%$833,75422.4K
30VVISA INCCOM CL A0.66%$826,8523.5K
31QCOMQUALCOMM INCCOM0.64%$800,2456.7K
32CVXCHEVRON CORP NEWCOM0.61%$761,8624.8K
33AMTAMERICAN TOWER CORP NEWCOM0.61%$758,5113.9K
34ABBVABBVIE INCCOM0.61%$758,2205.6K
35SPGIS&P GLOBAL INCCOM0.56%$705,5941.8K
36BLACKROCK INCCOM0.56%$700,1961.0K
37TROWPRICE T ROWE GROUP INCCOM0.53%$665,8195.9K
38UNHUNITEDHEALTH GROUP INCCOM0.45%$564,5001.2K
39BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.45%$560,2631.6K
40CLXCLOROX CO DELCOM0.42%$529,5383.3K
41PGPROCTER AND GAMBLE COCOM0.39%$492,7213.2K
42GSGOLDMAN SACHS GROUP INCCOM0.39%$484,4771.5K
43LLYLILLY ELI & COCOM0.38%$468,9801.0K
44MRKMERCK & CO INCCOM0.38%$468,9084.1K
45NVDANVIDIA CORPORATIONCOM0.37%$467,1291.1K
46SBUXSTARBUCKS CORPCOM0.37%$465,4914.7K
47AMZNAMAZON COM INCCOM0.33%$416,3703.2K
48LOWLOWES COS INCCOM0.30%$375,0521.7K
49UNPUNION PAC CORPCOM0.29%$360,0571.8K
50SHESPDR SER TRSPDR MSCI USA GE0.29%$357,8814.1K
51HOMBHOME BANCSHARES INCCOM0.29%$357,86915.7K
52SPYSPDR S&P 500 ETF TRTR UNIT0.26%$319,951722
53COKECOCA COLA CONS INCCOM0.25%$318,010500
54CNSCOHEN & STEERS INCCOM0.25%$314,4205.4K
55ETNEATON CORP PLCSHS0.24%$302,4541.5K
56SWKSTANLEY BLACK & DECKER INCCOM0.23%$284,5083.0K
57FTCSFIRST TR EXCHANGE-TRADED FDCAP STRENGTH ETF0.21%$266,1313.5K
58EXMOCEXXON MOBIL CORPCOM0.21%$265,1452.5K
59LUVSOUTHWEST AIRLS COCOM0.21%$262,6017.3K
60BNDXVANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.20%$253,9375.2K
61TGRWT ROWE PRICE ETF INCPRICE GRW STOCK0.19%$243,1248.8K
62COLDAMERICOLD REALTY TRUST INCCOM0.19%$242,6507.5K
63OZKBANK OZK LITTLE ROCK ARKCOM0.18%$225,4815.6K
64NKENIKE INCCL B0.18%$224,8392.0K
65VCITVANGUARD SCOTTSDALE FDSINT-TERM CORP0.18%$224,6032.8K
66CSCOCISCO SYS INCCOM0.18%$224,2934.3K
67FUTYFIDELITY COVINGTON TRUSTMSCI UTILS INDEX0.17%$214,1065.1K
68RFREGIONS FINANCIAL CORP NEWCOM0.15%$186,21910.4K
69NVAXNOVAVAX INCCOM NEW0.15%$184,71024.9K
70VERU INCCOM0.06%$71,20159.8K
71SBSWSIBANYE STILLWATER LTDSPONSORED ADR0.06%$71,04911.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$199M102Apr 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$191M99Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$175M98Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$165M101Apr 24, 202513F-HRchanges · EDGAR ↗
Q4 2024$165M97Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$163M98Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$155M99Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$151M99May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$139M92Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$122M89Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$125M92Jul 17, 202313F-HRchanges · EDGAR ↗
Q1 2023$111M86May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$96M66Jan 23, 202313F-HRchanges · EDGAR ↗
Q3 2022$85M63Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$89M65Jul 26, 202213F-HRchanges · EDGAR ↗
Q1 2022$106M69May 2, 202213F-HRchanges · EDGAR ↗
Q4 2021$109M71Feb 16, 202213F-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 ↗.