Carmel Capital Management L.L.C.
SEC Form 13F institutional filer · CIK 0001878547
13F-HR · 14 reported holdings · 2026-03-31
Reported long-US-equity value
$0.26B
Top-10 concentration
86.9%
Carmel Capital Management L.L.C. — $259M AUM allocation strategy
Carmel Capital Management L.L.C. files SEC Form 13F and reports $259M of long US equity value across 14 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 51.5%, followed by Financials 19.4% and Utilities 14.8%.
The top 10 holdings account for 87% 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.
Carmel Capital Management L.L.C. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$259M
total across 14 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
87% of value
higher = narrower conviction; lower = spread / hedging
Biggest trims (shares)
−$TER −9.72K sh · +$3.27M−$AMAT −2.55K sh · +$6.88M−$C −1.8K sh · −$791K
Added from nil (new positions)
None this quarter
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
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)
- Semiconductor Materials & Equipment24.3%—
- Semiconductors21.9%—
- Diversified Banks14.8%—
- Electric Utilities14.8%—
- Aerospace & Defense6.0%—
- Oil & Gas Refining & Marketing5.0%—
- Technology Hardware, Storage & Peripherals4.9%—
- Multi-Sector Holdings4.6%—
- Other holdings3.7%—
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
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AVGO | Broadcom Inc | 142K | $43.8M | -1.42K | 16.9% |
| $VST | Vistra Corp | 255K | $38.3M | -445 | 14.8% |
| $AMAT | Applied Materials Inc | 88.8K | $30.4M | -2.55K | 11.7% |
| $C | Citigroup Inc | 177K | $20.1M | -1.8K | 7.8% |
| $JPM | JP Morgan Chase & Co | 62.1K | $18.3M | -128 | 7.1% |
| $KLAC | KLA Corporation | 12K | $17.6M | -1.58K | 6.8% |
| $RTX | RTX Corporation | 80.2K | $15.5M | -1.14K | 6.0% |
| $TER | Teradyne Inc | 50.1K | $14.8M | -9.72K | 5.7% |
| $VLO | Valero Energy Corporation | 52.6K | $13M | +0 | 5.0% |
| $NXPI | NXP Semiconductors N.V | 65.9K | $13M | +3.95K | 5.0% |
…and 4 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
← All 13F filers·← QuantOrb.pro
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 IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-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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