Capital Management Associates, Inc
CIK 2008851 · View on SEC EDGAR ↗
- Portfolio value
- $486.9M
- Positions
- 153
- As of
- June 30, 2026
#3,841 of 9,443 by 13F value · top 40.7%
Portfolio value QoQ: +15.9% 13F does not disclose cash
- Top 10 holdings weight
- 59.55%
- Top 25 holdings weight
- 76.66%
- Positions above 1%
- 18
- Effective number of positions
- 17.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 4.69% Est. buys $57,335,508 · sells $21,257,153
Median holding: 6.0 quarters Tracked Q4 2024–Q2 2026 · 73.9% still held
- New positions
- 16
- Increased
- 70
- Decreased
- 42
- Closed
- 14
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
7.3%
Healthcare
2.5%
Industrials
2.0%
Utilities
1.3%
Communication Services
1.2%
Consumer Staples
1.0%
Real Estate
0.8%
Retail
0.8%
Consumer Discretionary
0.6%
Financials
0.6%
Materials
0.4%
Consumer products
0.4%
Financial Services
0.4%
Communications
0.1%
Energy
0.1%
Telecommunication
0.1%
Other/Unmapped
80.6%
Full portfolio 153 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SPY SPY | $76,951,157 | 15.81% | 103,045 | $9,505,923 | Down ×1 | ||
| SCHB | $51,823,972 | 10.64% | 1,789,502 | $7,006,371 | Up ×4 | ||
| VOO | $48,348,720 | 9.93% | 70,396 | $7,829,033 | Up ×4 | ||
| QQQ Invesco QQQ Trust, Series 1 | $29,063,971 | 5.97% | 39,468 | $6,168,368 | Down ×1 | ||
| AAPL Apple Inc. - Common Stock | $16,050,211 | 3.30% | 55,468 | $15,919,509 | Up ×1 | ||
| DIA | $15,285,793 | 3.14% | 29,261 | $1,849,456 | Up ×4 | ||
| HYS | $14,669,033 | 3.01% | 156,854 | $-445,709 | Down ×1 | ||
| VB | $12,987,643 | 2.67% | 42,847 | $2,012,146 | Up ×3 | ||
| SIVR | $12,627,237 | 2.59% | 224,604 | $-6,923,868 | Down ×6 | ||
| CGBL | $12,150,396 | 2.50% | 320,084 | $1,849,571 | Up ×4 | ||
| VBK | $10,435,251 | 2.14% | 28,535 | $939,160 | Down ×2 | ||
| VUG | $9,313,096 | 1.91% | 108,116 | $2,123,347 | Up ×6 | ||
| SGOL | $8,742,054 | 1.80% | 228,670 | $-2,972,168 | Down ×5 | ||
| VO | $6,455,858 | 1.33% | 80,127 | $778,499 | Up ×1 | ||
| XEL Xcel Energy Inc. - Common Stock | $5,312,585 | 1.09% | 66,159 | $5,299,398 | Up ×1 | ||
| MINT | $5,292,580 | 1.09% | 52,501 | $123,562 | Up ×4 | ||
| AGG | $5,199,094 | 1.07% | 52,527 | $311 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $4,895,254 | 1.01% | 13,123 | $1,076,800 | Up ×2 | ||
| BRKB | $4,807,747 | 0.99% | 9,608 | $145,610 | Down ×1 | ||
| VGT | $4,645,786 | 0.95% | 38,870 | $2,076,414 | Up ×4 | ||
| GIS General Mills, Inc. Common Stock | $4,289,065 | 0.88% | 123,249 | $-568,964 | Down ×3 | ||
| CGUS | $3,924,254 | 0.81% | 88,225 | $325,456 | Down ×1 | ||
| RUNN Running Oak Efficient Growth ETF | $3,767,254 | 0.77% | 116,288 | $85,683 | Up ×1 | ||
| JNJ Johnson & Johnson Common Stock | $3,192,988 | 0.66% | 12,572 | $499,896 | Up ×1 | ||
| ORCL Oracle Corporation Common Stock | $2,991,818 | 0.61% | 20,415 | $7,839 | Up ×3 | ||
| DE Deere & Company Common Stock | $2,972,008 | 0.61% | 4,685 | $332,961 | |||
| PSA Public Storage Common Stock | $2,911,263 | 0.60% | 9,146 | $719,031 | Up ×3 | ||
| AMZN Amazon.com, Inc. - Common Stock | $2,833,196 | 0.58% | 11,887 | $678,809 | Up ×4 | ||
| KLAC KLA Corporation - Common Stock | $2,805,903 | 0.58% | 9,300 | $2,069,698 | Up ×1 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $2,800,333 | 0.58% | 6,738 | $970,801 | Down ×1 | ||
| MUB | $2,780,293 | 0.57% | 25,834 | $64,711 | Up ×3 | ||
| VIS | $2,599,808 | 0.53% | 7,214 | $548,210 | Up ×3 | ||
| VHT | $2,492,744 | 0.51% | 8,337 | $358,375 | Up ×6 | ||
| VCR | $2,480,418 | 0.51% | 6,254 | $441,128 | Up ×4 | ||
| VNQ | $2,435,533 | 0.50% | 25,257 | $195,237 | |||
| GOOGL Alphabet Inc. - Class A Common Stock | $2,320,982 | 0.48% | 6,495 | $766,013 | Up ×6 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $2,203,836 | 0.45% | 3,912 | $214,800 | Up ×4 | ||
| IJH | $2,180,312 | 0.45% | 28,275 | $269,016 | Down ×2 | ||
| CGDV | $2,144,767 | 0.44% | 43,522 | $388,778 | Up ×2 | ||
| MMM 3M Company Common Stock | $2,139,480 | 0.44% | 13,214 | $264,324 | Up ×2 | ||
| VV | $1,919,362 | 0.39% | 5,581 | $251,480 | |||
| MRK Merck & Company, Inc. Common Stock (new) | $1,908,739 | 0.39% | 14,854 | $131,093 | Up ×4 | ||
| IVV | $1,778,177 | 0.37% | 2,374 | $219,146 | Down ×2 | ||
| SCHX | $1,771,106 | 0.36% | 60,180 | $229,206 | Up ×2 | ||
| AMAT Applied Materials, Inc. - Common Stock | $1,713,043 | 0.35% | 2,369 | $930,480 | Up ×1 | ||
| VTV | $1,668,011 | 0.34% | 7,654 | $165,050 | Down ×1 | ||
| VOT | $1,667,192 | 0.34% | 5,443 | $396,140 | Up ×2 | ||
| VFH | $1,622,432 | 0.33% | 12,329 | $290,864 | Up ×3 | ||
| ECL Ecolab Inc. Common Stock | $1,547,319 | 0.32% | 5,554 | $70,239 | Up ×1 | ||
| DGX Quest Diagnostics Incorporated Common Stock | $1,547,235 | 0.32% | 7,300 | $390,953 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $1,532,486 | 0.31% | 7,659 | $-117,216 | Down ×1 | ||
| VTI | $1,499,453 | 0.31% | 4,052 | $206,924 | Up ×2 | ||
| DRI Darden Restaurants, Inc. Common Stock | $1,454,019 | 0.30% | 7,058 | $67,036 | Down ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $1,426,219 | 0.29% | 4,037 | $335,276 | Up ×1 | ||
| SCHZ | $1,385,274 | 0.28% | 59,891 | $8,809 | Up ×2 | ||
| IJR | $1,355,717 | 0.28% | 9,141 | $315,721 | Up ×1 | ||
| CGGR | $1,325,794 | 0.27% | 28,089 | $104,104 | Down ×1 | ||
| RSPR | $1,320,828 | 0.27% | 36,125 | $122,110 | |||
| SPYG | $1,217,603 | 0.25% | 10,233 | $289,193 | Up ×4 | ||
| SPMD | $1,161,644 | 0.24% | 17,194 | $147,997 | Up ×4 | ||
| VEA | $1,147,980 | 0.24% | 16,112 | $-147,398 | Down ×1 | ||
| GLDM | $1,102,111 | 0.23% | 13,877 | $-244,953 | Down ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $1,088,218 | 0.22% | 3,325 | $128,803 | Up ×2 | ||
| VIG | $979,513 | 0.20% | 4,140 | $78,629 | Down ×2 | ||
| CGCB | $949,069 | 0.19% | 36,252 | $6,538 | Up ×3 | ||
| KMB Kimberly-Clark Corporation - Common Stock | $903,736 | 0.19% | 8,233 | $228,157 | Up ×1 | ||
| ILCB | $869,293 | 0.18% | 8,387 | $76,871 | Down ×1 | ||
| WDC Western Digital Corporation - Common Stock | $862,911 | 0.18% | 1,351 | Up ×1 | |||
| GGG Graco Inc. Common Stock | $854,242 | 0.18% | 11,298 | $-102,134 | |||
| MCD McDonald's Corporation Common Stock | $833,927 | 0.17% | 3,085 | $-136,016 | Down ×3 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $832,405 | 0.17% | 1,743 | $262,621 | Up ×1 | ||
| XLP XLP | $801,212 | 0.16% | 9,645 | $-842 | Down ×1 | ||
| SPTS | $779,789 | 0.16% | 26,880 | $-4,569 | |||
| VWO | $770,856 | 0.16% | 12,914 | $48,395 | Down ×1 | ||
| SCHD | $733,695 | 0.15% | 23,138 | $-11,669 | Down ×3 | ||
| GE GE Aerospace Common Stock | $727,727 | 0.15% | 1,947 | $173,784 | Down ×2 | ||
| SHV iShares 0-1 Year Treasury Bond ETF | $716,160 | 0.15% | 6,490 | $-937 | Down ×1 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $714,635 | 0.15% | 6,125 | $-181,954 | Down ×3 | ||
| USB U.S. Bancorp Common Stock | $704,385 | 0.14% | 11,662 | $97,844 | |||
| BOND PIMCO Active Bond Exchange-Traded Fund Exchange-Traded Fund | $686,371 | 0.14% | 7,444 | Up ×1 | |||
| SCHA | $683,727 | 0.14% | 18,924 | $134,324 | Up ×2 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $682,443 | 0.14% | 5,810 | $661,804 | Up ×1 | ||
| CGMU | $676,063 | 0.14% | 24,611 | $13,212 | Up ×3 | ||
| BSX Boston Scientific Corporation Common Stock | $668,113 | 0.14% | 15,654 | $-314,176 | |||
| FTEC | $645,411 | 0.13% | 2,260 | $175,218 | |||
| GEV GE Vernova Inc. Common Stock | $641,474 | 0.13% | 546 | $164,871 | |||
| TGT Target Corporation Common Stock | $625,099 | 0.13% | 4,786 | $50,611 | Up ×1 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $579,734 | 0.12% | 1,700 | $328,032 | Up ×1 | ||
| KO Coca-Cola Company (The) Common Stock | $575,092 | 0.12% | 7,076 | $303,335 | Up ×1 | ||
| DFAS | $572,016 | 0.12% | 6,947 | $77,876 | |||
| NNN NNN REIT, Inc. Common Stock | $569,481 | 0.12% | 12,239 | $-433,775 | Down ×5 | ||
| DAL Delta Air Lines, Inc. Common Stock | $567,358 | 0.12% | 6,058 | $140,040 | Down ×2 | ||
| PG Procter & Gamble Company (The) Common Stock | $557,490 | 0.11% | 3,802 | $508,380 | Up ×1 | ||
| TTC Toro Company (The) Common Stock | $553,443 | 0.11% | 5,681 | $22,610 | |||
| TSLA Tesla, Inc. - Common Stock | $545,146 | 0.11% | 1,296 | $222,425 | Up ×3 | ||
| LLY Eli Lilly and Company Common Stock | $545,048 | 0.11% | 454 | $160,771 | Up ×2 | ||
| MA Mastercard Incorporated Common Stock | $522,331 | 0.11% | 1,017 | $11,179 | Down ×1 | ||
| XLK XLK | $521,644 | 0.11% | 2,738 | $157,764 | |||
| DUK Duke Energy Corporation (Holding Company) Common Stock | $517,343 | 0.11% | 4,087 | $-25,703 | Down ×2 | ||
| XLU XLU | $513,660 | 0.11% | 11,329 | $-4,354 | Up ×4 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| SCHB | $51,823,972 | 10.64% | up ×4 |
| VOO | $48,348,720 | 9.93% | up ×4 |
| DIA | $15,285,793 | 3.14% | up ×4 |
| VB | $12,987,643 | 2.67% | up ×3 |
| CGBL | $12,150,396 | 2.50% | up ×4 |
| VUG | $9,313,096 | 1.91% | up ×6 |
| MINT | $5,292,580 | 1.09% | up ×4 |
| VGT | $4,645,786 | 0.95% | up ×4 |
| ORCL | $2,991,818 | 0.61% | up ×3 |
| PSA | $2,911,263 | 0.60% | up ×3 |
| AMZN | $2,833,196 | 0.58% | up ×4 |
| MUB | $2,780,293 | 0.57% | up ×3 |
| VIS | $2,599,808 | 0.53% | up ×3 |
| VHT | $2,492,744 | 0.51% | up ×6 |
| VCR | $2,480,418 | 0.51% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| WDC | $862,911 | 1,351 | 0.18% |
| BOND | $686,371 | 7,444 | 0.14% |
| INTC | $468,179 | 3,353 | 0.10% |
| NOW | $368,031 | 3,707 | 0.08% |
| TRV | $367,754 | 1,114 | 0.08% |
| NBIS | $359,021 | 1,300 | 0.07% |
| CLX | $336,617 | 3,527 | 0.07% |
| MU | $333,275 | 289 | 0.07% |
| IVE | $271,437 | 1,195 | 0.06% |
| Unknown issuer (CUSIP: 84615Q103) | $246,891 | 1,445 | 0.05% |
| SPYV | $227,294 | 3,739 | 0.05% |
| ABBV | $214,712 | 853 | 0.04% |
| FTLS | $209,592 | 2,840 | 0.04% |
| SOLV | $208,768 | 2,706 | 0.04% |
| QCOM | $200,843 | 1,087 | 0.04% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| SPY | Trimmed | -663 | +$9.5M |
| VOO | Bought more | +3K | +$7.8M |
| SCHB | Bought more | +4K | +$7.0M |
| SIVR | Trimmed | -48K | -$6.9M |
| QQQ | Trimmed | -200 | +$6.2M |
| SGOL | Trimmed | -34K | -$3.0M |
| VUG | Bought more | +92K | +$2.1M |
| VGT | Bought more | +35K | +$2.1M |
| KLAC | Bought more | +9K | +$2.1M |
| VB | Bought more | +943 | +$2.0M |
3 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| GIS | March 31, 2025 | 318,865 | $20,334,030 | -34.2% |
| UNH | March 31, 2025 | 4,322 | $2,186,293 | -26.0% |
| SNDA | June 30, 2026 | 26,434 | $852,497 | -4.0% |
| DRI | March 31, 2025 | 3,645 | $680,485 | 5.1% |
| AG | March 31, 2026 | 40,255 | $670,648 | 0.1% |
| SNDK | June 30, 2026 | 1,000 | $635,340 | -29.4% |
| ETN | Dec. 31, 2025 | 1,656 | $619,758 | 32.1% |
| MRK | March 31, 2025 | 6,200 | $616,776 | 69.0% |
| MDLZ | March 31, 2026 | 10,939 | $588,838 | 11.2% |
| IUSB | March 31, 2026 | 12,495 | $581,517 | |
| TROW | March 31, 2025 | 4,520 | $511,204 | 23.8% |
| IEFA | March 31, 2026 | 5,309 | $474,943 | No longer tracked |
| XOM | June 30, 2026 | 2,473 | $419,569 | 21.7% |
| GSLC | March 31, 2026 | 2,974 | $393,668 | No longer tracked |
| AJG | June 30, 2025 | 1,140 | $393,574 | -18.8% |
| PEP | June 30, 2025 | 2,618 | $392,554 | 8.0% |
| XLV | June 30, 2025 | 2,648 | $386,687 | No longer tracked |
| XLE | June 30, 2025 | 4,111 | $384,196 | No longer tracked |
| TRP | June 30, 2025 | 8,000 | $377,680 | 29.9% |
| NEE | June 30, 2025 | 5,274 | $373,836 | 22.4% |
| MTB | June 30, 2025 | 2,038 | $364,292 | 23.7% |
| XLC | June 30, 2026 | 3,265 | $361,958 | No longer tracked |
| XOM | June 30, 2025 | 2,898 | $344,777 | 54.4% |
| COF | March 31, 2026 | 1,411 | $341,970 | 19.3% |
| ABBV | June 30, 2025 | 1,540 | $322,766 | 42.1% |
| RSG | June 30, 2025 | 1,298 | $314,324 | -10.9% |
| TSLA | June 30, 2025 | 1,166 | $302,180 | 9.8% |
| ECL | June 30, 2025 | 1,188 | $301,358 | 4.2% |
| ABBV | March 31, 2026 | 1,315 | $300,522 | 21.3% |
| NVO | Dec. 31, 2025 | 5,410 | $300,201 | -8.2% |
| XLC | June 30, 2025 | 3,044 | $293,594 | No longer tracked |
| BNDX | June 30, 2026 | 5,962 | $286,474 | |
| RTX | Dec. 31, 2025 | 1,708 | $285,803 | 15.9% |
| FWRG | March 31, 2026 | 18,217 | $274,712 | 21.6% |
| NVO | March 31, 2025 | 3,180 | $273,544 | -32.7% |
| ED | June 30, 2025 | 2,456 | $271,528 | 7.6% |
| PEP | Dec. 31, 2025 | 1,918 | $269,424 | -0.6% |
| VOOG | June 30, 2025 | 804 | $268,922 | No longer tracked |
| BA | March 31, 2025 | 1,490 | $263,730 | 25.8% |
| MINN | March 31, 2026 | 11,504 | $259,418 | No longer tracked |
| AMD | June 30, 2025 | 2,502 | $257,056 | 231.8% |
| CMG | June 30, 2026 | 8,006 | $256,272 | 5.5% |
| USHY | March 31, 2026 | 6,797 | $254,174 | No longer tracked |
| AMD | June 30, 2026 | 1,248 | $253,881 | -19.0% |
| AXON | June 30, 2025 | 474 | $249,300 | -26.5% |
| ENB | June 30, 2025 | 5,490 | $243,262 | 13.0% |
| EMB | March 31, 2026 | 2,523 | $242,914 | |
| IWD | June 30, 2025 | 1,288 | $242,348 | No longer tracked |
| AFL | June 30, 2025 | 2,148 | $238,918 | 10.9% |
| SOLV | March 31, 2026 | 2,964 | $234,867 | 35.5% |
| LOW | June 30, 2026 | 991 | $234,153 | -1.3% |
| VEU | June 30, 2025 | 3,846 | $233,298 | No longer tracked |
| DUK | June 30, 2025 | 1,892 | $230,766 | 3.5% |
| BMY | March 31, 2025 | 4,000 | $226,240 | 8.3% |
| UAL | March 31, 2026 | 2,000 | $223,640 | 22.8% |
| SCHR | June 30, 2026 | 8,967 | $223,368 | No longer tracked |
| CMG | Sept. 30, 2025 | 3,944 | $221,456 | -8.4% |
| ARCC | Sept. 30, 2025 | 10,069 | $221,116 | -2.9% |
| EMQQ | June 30, 2025 | 5,776 | $220,374 | No longer tracked |
| OKE | June 30, 2025 | 2,220 | $220,358 | 16.1% |
| IWB | June 30, 2025 | 716 | $219,626 | No longer tracked |
| HON | June 30, 2026 | 971 | $219,542 | -1.9% |
| GKOS | June 30, 2025 | 2,204 | $216,918 | 78.9% |
| HD | Dec. 31, 2025 | 532 | $215,708 | -2.5% |
| XLY | June 30, 2025 | 1,092 | $215,626 | No longer tracked |
| REGN | June 30, 2026 | 279 | $215,567 | 34.4% |
| FDN | June 30, 2025 | 946 | $210,154 | No longer tracked |
| IBM | March 31, 2025 | 940 | $206,641 | -6.1% |
| ANET | March 31, 2026 | 1,575 | $206,372 | 53.4% |
| MRSH | June 30, 2025 | 840 | $204,986 | -12.6% |
| CVX | June 30, 2025 | 1,222 | $204,302 | 44.3% |
| VOOG | March 31, 2026 | 452 | $200,955 | No longer tracked |
| LOAN | March 31, 2025 | 32,909 | $184,292 | -31.3% |
| ASX | June 30, 2025 | 19,940 | $174,674 | 255.8% |
| T | June 30, 2026 | 5,431 | $157,436 | 22.6% |
| FSK | June 30, 2026 | 15,017 | $152,873 | 13.3% |
| NEA | June 30, 2025 | 12,802 | $143,394 | 2.2% |
| BMBL | Dec. 31, 2025 | 17,350 | $105,662 | -22.4% |
| CL | Sept. 30, 2025 | 21,582 | $98,952 | 12.9% |
| BMBL | March 31, 2025 | 11,527 | $93,830 | -36.2% |
| SNAP | June 30, 2026 | 20,000 | $92,000 | 18.7% |
| TLRY | Dec. 31, 2025 | 23,173 | $40,089 | -46.6% |
| HON | Dec. 31, 2025 | 75 | $15,788 | 12.6% |