KENDALL CAPITAL MANAGEMENT

Filed: 7/16/2025ACC: 0001731372-25-000004

📋 What this filing means

KENDALL CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 225 equity positions with a total reported market value of $378.12M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

225

Positions

$378.12M

Total AUM (reported)

5.82M

Total Shares

Allocation by class

COM$198.86M52.6%

RUSEL 2500 ETF$21.05M5.6%

INTRNL RES EQT$17.37M4.6%

COM NEW$15.91M4.2%

CL A$15.90M4.2%

COM CL A$11.13M2.9%

GROWTH ETF$10.10M2.7%

Portfolio Concentration

Top 3$53.31M14.1%

4–10$54.19M14.3%

11–25$74.04M19.6%

Rest$196.59M52.0%

Top 3 weight

14.1%

Top 10 weight

28.4%

Voting Authority Distribution

Total shares with voting rights: 5.82M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

5.82M

% of voting shares100.0%

Investment Discretion (by position count)

Sole225

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings225

Rows:

iShares Russell 2500 ETF

SOLE

RUSEL 2500 ETF

Shares310.50K

TypeSH

Market value$21.05M

5.57%

Sole

0.00

Shared

0.00

None

310.50K

JPMorgan International Research Enhanced Equity ETF

SOLE

INTRNL RES EQT

Shares245.39K

TypeSH

Market value$17.37M

4.59%

Sole

0.00

Shared

0.00

None

245.39K

Broadcom Inc

SOLE

COM

Shares54.04K

TypeSH

Market value$14.90M

3.94%

Sole

0.00

Shared

0.00

None

54.04K

Vanguard Growth Index Fund ETF

SOLE

GROWTH ETF

Shares23.05K

TypeSH

Market value$10.10M

2.67%

Sole

0.00

Shared

0.00

None

23.05K

JPMorgan Ultra-Short Income ETF

SOLE

ULTRA SHRT ETF

Shares193.87K

TypeSH

Market value$9.83M

2.60%

Sole

0.00

Shared

0.00

None

193.87K

Avnet Inc

SOLE

COM

Shares149.47K

TypeSH

Market value$7.93M

2.10%

Sole

0.00

Shared

0.00

None

149.47K

VSE Corp

SOLE

COM

Shares54.22K

TypeSH

Market value$7.10M

1.88%

Sole

0.00

Shared

0.00

None

54.22K

Equitable Holdings Inc

SOLE

COM

Shares118.05K

TypeSH

Market value$6.62M

1.75%

Sole

0.00

Shared

0.00

None

118.05K

Vanguard Large-Cap ETF

SOLE

LARGE CAP ETF

Shares22.10K

TypeSH

Market value$6.31M

1.67%

Sole

0.00

Shared

0.00

None

22.10K

Dell Technologies Inc

SOLE

CL C

Shares51.36K

TypeSH

Market value$6.30M

1.67%

Sole

0.00

Shared

0.00

None

51.36K

Omnicom Group Inc

SOLE

COM

Shares83.14K

TypeSH

Market value$5.98M

1.58%

Sole

0.00

Shared

0.00

None

83.14K

KLA Corp

SOLE

COM NEW

Shares6.52K

TypeSH

Market value$5.84M

1.54%

Sole

0.00

Shared

0.00

None

6.52K

Victory Capital Holdings Inc

SOLE

COM CL A

Shares90.19K

TypeSH

Market value$5.74M

1.52%

Sole

0.00

Shared

0.00

None

90.19K

Vanguard Mid-Cap ETF

SOLE

MID CAP ETF

Shares20.04K

TypeSH

Market value$5.61M

1.48%

Sole

0.00

Shared

0.00

None

20.04K

Cencora Inc

SOLE

COM

Shares18.02K

TypeSH

Market value$5.40M

1.43%

Sole

0.00

Shared

0.00

None

18.02K

CDW Corp

SOLE

COM

Shares29.15K

TypeSH

Market value$5.21M

1.38%

Sole

0.00

Shared

0.00

None

29.15K

Celestica Inc

SOLE

COM

Shares33.22K

TypeSH

Market value$5.19M

1.37%

Sole

0.00

Shared

0.00

None

33.22K

Abbvie Inc

SOLE

COM

Shares26.96K

TypeSH

Market value$5.01M

1.32%

Sole

0.00

Shared

0.00

None

26.96K

iShares Core MSCI EAFE ETF

SOLE

CORE MSCI EAFE

Shares57.70K

TypeSH

Market value$4.82M

1.27%

Sole

0.00

Shared

0.00

None

57.70K

Apple Inc

SOLE

COM

Shares21.73K

TypeSH

Market value$4.46M

1.18%

Sole

0.00

Shared

0.00

None

21.73K

Vanguard Total Stock Market ETF

SOLE

TOTAL STK MKT

Shares14.50K

TypeSH

Market value$4.41M

1.17%

Sole

0.00

Shared

0.00

None

14.50K

Hewlett Packard Enterprise Co

SOLE

COM

Shares214.78K

TypeSH

Market value$4.39M

1.16%

Sole

0.00

Shared

0.00

None

214.78K

John Wiley & Sons Inc Class A

SOLE

CL A

Shares93.70K

TypeSH

Market value$4.18M

1.11%

Sole

0.00

Shared

0.00

None

93.70K

CSG Systems International Inc

SOLE

COM

Shares60.34K

TypeSH

Market value$3.94M

1.04%

Sole

0.00

Shared

0.00

None

60.34K

FlexShares iBoxx 5-Yr Target Duration TIPS Index

SOLE

IBOXX 5YR TRGT

Shares160.76K

TypeSH

Market value$3.87M

1.02%

Sole

0.00

Shared

0.00

None

160.76K

Issuer	Class	Shares	Type	Value / Portfolio %	None
iShares Russell 2500 ETFSOLE	RUSEL 2500 ETF	310.50K	SH	$21.05M 5.57%	310.50K
JPMorgan International Research Enhanced Equity ETFSOLE	INTRNL RES EQT	245.39K	SH	$17.37M 4.59%	245.39K
Broadcom IncSOLE	COM	54.04K	SH	$14.90M 3.94%	54.04K
Vanguard Growth Index Fund ETFSOLE	GROWTH ETF	23.05K	SH	$10.10M 2.67%	23.05K
JPMorgan Ultra-Short Income ETFSOLE	ULTRA SHRT ETF	193.87K	SH	$9.83M 2.60%	193.87K
Avnet IncSOLE	COM	149.47K	SH	$7.93M 2.10%	149.47K
VSE CorpSOLE	COM	54.22K	SH	$7.10M 1.88%	54.22K
Equitable Holdings IncSOLE	COM	118.05K	SH	$6.62M 1.75%	118.05K
Vanguard Large-Cap ETFSOLE	LARGE CAP ETF	22.10K	SH	$6.31M 1.67%	22.10K
Dell Technologies IncSOLE	CL C	51.36K	SH	$6.30M 1.67%	51.36K
Omnicom Group IncSOLE	COM	83.14K	SH	$5.98M 1.58%	83.14K
KLA CorpSOLE	COM NEW	6.52K	SH	$5.84M 1.54%	6.52K
Victory Capital Holdings IncSOLE	COM CL A	90.19K	SH	$5.74M 1.52%	90.19K
Vanguard Mid-Cap ETFSOLE	MID CAP ETF	20.04K	SH	$5.61M 1.48%	20.04K
Cencora IncSOLE	COM	18.02K	SH	$5.40M 1.43%	18.02K
CDW CorpSOLE	COM	29.15K	SH	$5.21M 1.38%	29.15K
Celestica IncSOLE	COM	33.22K	SH	$5.19M 1.37%	33.22K
Abbvie IncSOLE	COM	26.96K	SH	$5.01M 1.32%	26.96K
iShares Core MSCI EAFE ETFSOLE	CORE MSCI EAFE	57.70K	SH	$4.82M 1.27%	57.70K
Apple IncSOLE	COM	21.73K	SH	$4.46M 1.18%	21.73K
Vanguard Total Stock Market ETFSOLE	TOTAL STK MKT	14.50K	SH	$4.41M 1.17%	14.50K
Hewlett Packard Enterprise CoSOLE	COM	214.78K	SH	$4.39M 1.16%	214.78K
John Wiley & Sons Inc Class ASOLE	CL A	93.70K	SH	$4.18M 1.11%	93.70K
CSG Systems International IncSOLE	COM	60.34K	SH	$3.94M 1.04%	60.34K
FlexShares iBoxx 5-Yr Target Duration TIPS IndexSOLE	IBOXX 5YR TRGT	160.76K	SH	$3.87M 1.02%	160.76K

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