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Kendall Capital Management

SEC Form 13F institutional filer · CIK 0001731372

13F-HR · 97 reported holdings · 2026-03-31

Reported long-US-equity value

$0.25B

Top-10 concentration

52.3%

Kendall Capital Management — $246M AUM allocation strategy

Kendall Capital Management files SEC Form 13F and reports $246M of long US equity value across 97 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 22.2%, followed by Financials 12.4% and Industrials 6.0%.

The top 10 holdings account for 52% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

Kendall Capital Management — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$246M

total across 97 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

52% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$TROW$F$GEN

+$TROW +49.2K sh · +$2.34M+$F +10.6K sh · −$29.4K+$GEN +9.03K sh · −$1.46M

Biggest trims (shares)

$HPQ$KHC$IVV

−$HPQ −24.2K sh · −$839K−$KHC −4.14K sh · −$148K−$IVV −2.77K sh · −$248K

Added from nil (new positions)

$LLY$GPN$PEP$KO$ALL

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$BRK.B$BLDR$CSX$AMZN$ORCL

$BRK.B ($402K last qtr)$BLDR ($228K last qtr)$CSX ($223K last qtr)$AMZN ($218K last qtr)$ORCL ($214K last qtr)

Sector allocation (share of reported value)

Information Technology 22%ETFs 16%Financials 12%Industrials 6%Health Care 6%Communication Services 5%Consumer Discretionary 1%Other holdings 31%SECTORS
  • $XLKInformation Technology22.2%
  • ETFs15.6%
  • $XLFFinancials12.4%
  • $XLIIndustrials6.0%
  • $XLVHealth Care5.9%
  • $XLCCommunication Services5.4%
  • $XLYConsumer Discretionary1.2%
  • Other holdings31.3%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Asset Management & Custody Banks 11%Technology Hardware, Storage & Peripherals 9%Semiconductors 7%Human Resource & Employment Services 4%Semiconductor Materials & Equipment 3%Advertising 3%Interactive Media & Services 2%Biotechnology 2%Other holdings 58%INDUSTRIES
  • Asset Management & Custody Banks11.1%
  • Technology Hardware, Storage & Peripherals8.9%
  • Semiconductors7.1%
  • Human Resource & Employment Services4.3%
  • Semiconductor Materials & Equipment3.4%
  • Advertising3.1%
  • Interactive Media & Services2.2%
  • Biotechnology2.2%
  • Other holdings57.8%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

9 of 9 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$TROWT. Rowe Price Group Inc741K$27.2M+49.2K11.0%
$AVGOBroadcom Inc44.8K$13.9M-1.13K5.6%
$DELLDell Technologies Inc63.9K$10.5M+3.96K4.3%
$ADPAutomatic Data Processing Inc169K$10.4M+5.21K4.2%
$KLACKLA Corporation5.7K$8.39M-1883.4%
$OMCOmnicom Group Inc102K$7.69M+5.94K3.1%
$HPEHewlett Packard Enterprise Company252K$5.99M-4552.4%
$GOOGAlphabet Inc. Class C Capital Stock19K$5.47M-4272.2%
$ABBVAbbVie Inc24.9K$5.43M+272.2%

…and 88 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

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How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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