SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Mendel Capital Management LLC

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

Reported Value
$139M
Q4 2023
Positions
92
Filings on Record
17
2019–present window
Filed
Jan 26, 2024
original filing

Summary

Mendel Capital Management LLC reported $139M in U.S.-listed holdings across 92 positions for Q4 2023.

Its largest position, Select Sector Spdr Tr, represents 12.1% of the portfolio.

Compared with Q3 2023, the fund opened 5 new positions and exited 2.

Portfolio Metrics

Turnover
+0.7%
vs prior filed quarter
Top-10 Concentration
+56.7%
share of reported value
Largest Position
+12.1%
Select Sector Spdr Tr
New / Exited
5 / 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. 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: 62.9%Common Stock: 36.1%REIT: 0.6%Other: 0.3%ADR: 0.0%
  • ETP · 62.9% · $88M
  • Common Stock · 36.1% · $50M
  • REIT · 0.6% · $859,593
  • Other · 0.3% · $362,193
  • ADR · 0.0% · $61,826

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AXPAMERICAN EXPRESS CONEW+1.1K1.1K+$213,229$213,229
LUVSOUTHWEST AIRLS CONEW+7.3K7.3K+$209,478$209,478
GOOGLALPHABET INCNEW+1.5K1.5K+$205,344$205,344
RFREGIONS FINANCIAL CORP NEWNEW+10.5K10.5K+$203,800$203,800
MCDMCDONALDS CORPNEW+687687+$203,731$203,731
ISHARES TRSOLD OUT−2.2K0−$218,265$0
CSCOCISCO SYS INCSOLD OUT−3.9K0−$207,224$0
VANGUARD INDEX FDSADDED+2.9K13.2K+$2M$6M

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

Holdings — Q4 2023

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TLHISHARES TRU.S. TECH ETF · SELECT DIVID ETF · ESG AWR MSCI USA · EAFE GRWTH ETF · 10-20 YR TRS ETF · ESG AW MSCI EAFE · CORE S&P500 ETF · 0-5YR HI YL CP17.44%$24M214.3K
2SCHWAB STRATEGIC TRUS DIVIDEND EQ · SCHWB FDT INT LG · US AGGREGATE B · INT-TRM U.S TRES · US SML CAP ETF13.37%$19M302.7K
3XLCSELECT SECTOR SPDR TRTECHNOLOGY · COMMUNICATION12.54%$17M96.4K
4VANGUARD SPECIALIZED FUNDSDIV APP ETF7.56%$11M61.8K
5VANGUARD INDEX FDSS&P 500 ETF SHS4.15%$6M13.2K
6AAPLAPPLE INChistory →COM3.66%$5M26.4K
7MSFTMICROSOFT CORPhistory →COM3.28%$5M12.1K
8WMTWALMART INChistory →COM2.08%$3M18.4K
9PROSHARES TRS&P TECH DIVIDEN1.72%$2M34.4K
10VANGUARD ADMIRAL FDS INCMIDCP 400 GRTH1.43%$2M20.3K
11JPMJPMORGAN CHASE & COhistory →COM1.18%$2M9.6K
12SYKSTRYKER CORPORATIONhistory →COM1.16%$2M5.4K
13IBMINTERNATIONAL BUSINESS MACHShistory →COM1.16%$2M9.8K
14KRKROGER COhistory →COM1.09%$2M33.1K
15ADPAUTOMATIC DATA PROCESSING INhistory →COM1.04%$1M6.2K
16FDXFEDEX CORPhistory →COM1.02%$1M5.6K
17AMGNAMGEN INChistory →COM1.01%$1M4.9K
18JNJJOHNSON & JOHNSONCOM0.98%$1M8.7K
19GWWGRAINGER W W INCCOM0.97%$1M1.6K
20AFLAFLAC INCCOM0.93%$1M15.7K
21PHPARKER-HANNIFIN CORPCOM0.91%$1M2.7K
22VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.88%$1M25.7K
23LMTLOCKHEED MARTIN CORPCOM0.79%$1M2.4K
24HDHOME DEPOT INCCOM0.76%$1M3.1K
25LHXL3HARRIS TECHNOLOGIES INCCOM0.72%$1M4.8K
26DYHTARGET CORPCOM0.72%$995,2467.0K
27QCOMQUALCOMM INCCOM0.70%$970,1806.7K
28ABBVABBVIE INCCOM0.67%$933,1076.0K
29VVISA INCCOM CL A0.66%$919,9943.5K
30AMTAMERICAN TOWER CORP NEWCOM0.62%$859,5934.0K
31DVNDEVON ENERGY CORP NEWCOM0.59%$817,66518.1K
32BLKCHFBLACKROCK INCCOM0.59%$817,1521.0K
33BACVERIZON COMMUNICATIONS INCCOM0.59%$816,01121.6K
34TSNTYSON FOODS INCCL A0.56%$783,33714.6K
35SPGIS&P GLOBAL INCCOM0.55%$766,7581.7K
36CHVCHEVRON CORP NEWCOM0.53%$732,3554.9K
37UNHUNITEDHEALTH GROUP INCCOM0.47%$651,1731.2K
38LLYELI LILLY & COCOM0.43%$600,7181.0K

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 ↗.