MATTERN CAPITAL MANAGEMENT, LLC

CIK 1803227 · View on SEC EDGAR ↗

Portfolio value
$856.7M
#2,715 of 9,443 by 13F value · top 28.8%
Positions
166
As of
June 30, 2026

Portfolio value QoQ: +2.6% 13F does not disclose cash

Top 10 holdings weight
17.02%
Top 25 holdings weight
37.16%
Positions above 1%
59
Effective number of positions
87.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 6.0% Est. buys $57,220,732 · sells $50,739,102

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 86.5% still held

New positions
3
Increased
94
Decreased
43
Closed
7
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+4.4%
S&P 500 total return (same window)
+28.1%
Excess return
-23.7%

Annualized: +2.9% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 94.5% · Options excluded: 0.0%

Sector breakdown

Industrials
17.0%
Technology
12.8%
Healthcare
12.8%
Utilities
8.7%
Financial Services
8.2%
Retail
7.4%
Financials
7.1%
Materials
4.0%
Consumer products
3.2%
Communications
2.7%
Consumer Discretionary
2.2%
Consumer Staples
1.9%
Real Estate
1.6%
Energy
1.4%
Communication Services
0.8%
Telecommunication
0.0%
Other/Unmapped
8.2%

Full portfolio 166 positions

Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $22,096,186 2.58% 76,362 $2,401,987 Down ×1
GWW W.W. Grainger, Inc. Common Stock $16,075,847 1.88% 11,817 $2,977,401 Down ×2
MSFT Microsoft Corporation - Common Stock $15,325,768 1.79% 41,086 $21,591 Down ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $14,646,947 1.71% 35,240 $4,152,019 Down ×1
COST Costco Wholesale Corporation - Common Stock $13,444,766 1.57% 14,372 $-918,977 Down ×2
AVGO Broadcom Inc. - Common Stock $13,296,422 1.55% 35,199 $1,776,150 Down ×4
COR Cencora, Inc. Common Stock $13,252,236 1.55% 46,831 $59,927 Up ×1
AFL AFLAC Incorporated Common Stock $12,933,730 1.51% 110,309 $797,061 Down ×1
CSCO Cisco Systems, Inc. - Common Stock $12,457,557 1.45% 106,058 $4,648,134 Up ×1
LIN Linde plc - Ordinary Shares $12,324,825 1.44% 23,750 $387,420 Down ×2
CB Chubb Limited Common Stock $12,254,714 1.43% 35,965 $481,796 Down ×2
LLY Eli Lilly and Company Common Stock $12,219,793 1.43% 10,188 $3,392,760 Up ×1
WEC WEC Energy Group, Inc. Common Stock $12,131,119 1.42% 103,889 $-597,561 Down ×1
LOW Lowe's Companies, Inc. Common Stock $12,107,106 1.41% 54,910 $-180,872 Up ×1
GD General Dynamics Corporation Common Stock $11,871,460 1.39% 33,512 $555,332 Up ×1
TXN Texas Instruments Incorporated - Common Stock $11,788,072 1.38% 39,548 $3,940,157 Down ×2
NEE NextEra Energy, Inc. Common Stock $11,550,532 1.35% 131,600 $-889,629 Down ×3
CMS CMS Energy Corporation Common Stock $11,543,544 1.35% 150,896 $-842,879 Down ×1
ADP Automatic Data Processing, Inc. - Common Stock $11,245,649 1.31% 50,215 $1,211,605 Up ×3
AWK American Water Works Company, Inc. Common Stock $11,176,405 1.30% 84,940 $-745,351 Down ×1
TT Trane Technologies plc $11,146,876 1.30% 22,695 $1,297,226 Down ×1
APH Amphenol Corporation Common Stock $11,035,164 1.29% 62,586 $4,353,776 Up ×1
BRO Brown & Brown, Inc. Common Stock $10,896,198 1.27% 169,855 $1,591,057 Up ×5
SHW Sherwin-Williams Company (The) Common Stock $10,802,351 1.26% 31,373 $1,420,814 Up ×3
FDS FactSet Research Systems Inc. Common Stock $10,774,186 1.26% 46,828 $639,017 Up ×6
LHX L3Harris Technologies, Inc. Common Stock $10,648,671 1.24% 36,645 $-1,342,185 Up ×1
HD Home Depot, Inc. (The) Common Stock $10,584,985 1.24% 30,013 $1,618,786 Up ×3
WMT Walmart Inc. - Common Stock $10,583,581 1.24% 93,445 $-380,028 Up ×1
PAYX Paychex, Inc. - Common Stock $10,577,456 1.23% 107,571 $693,164 Up ×3
ADI Analog Devices, Inc. - Common Stock $10,484,494 1.22% 26,398 $2,046,149 Down ×3
JPM JP Morgan Chase & Co. Common Stock $10,379,962 1.21% 31,711 $8,851,801 Up ×6
ECL Ecolab Inc. Common Stock $10,299,097 1.20% 36,966 $850,865 Up ×1
MSI Motorola Solutions, Inc. Common Stock $10,253,510 1.20% 24,690 $-403,057 Up ×1
ATO Atmos Energy Corporation Common Stock $10,227,842 1.19% 59,371 $-801,050 Down ×1
BLK BlackRock, Inc. Common Stock $10,212,729 1.19% 10,621 $223,447 Up ×1
AMGN Amgen Inc. - Common Stock $10,142,257 1.18% 28,008 $1,736,560 Up ×1
JNJ Johnson & Johnson Common Stock $10,125,845 1.18% 39,870 $1,486,299 Up ×1
V Visa Inc. $10,123,900 1.18% 29,508 $1,975,510 Up ×3
PH Parker-Hannifin Corporation Common Stock $9,916,181 1.16% 10,138 $1,782,926 Up ×1
ABT Abbott Laboratories Common Stock $9,894,834 1.15% 109,046 $-976,687 Up ×3
ITW Illinois Tool Works Inc. Common Stock $9,876,212 1.15% 36,515 $647,630 Up ×1
XYL Xylem Inc. Common Stock New $9,858,478 1.15% 83,398 $811,252 Up ×2
WM Waste Management, Inc. Common Stock $9,842,827 1.15% 44,162 $108,693 Up ×6
SPGI S&P Global Inc. Common Stock $9,825,148 1.15% 24,125 $536,148 Up ×3
ROP Roper Technologies, Inc. - Common Stock $9,822,447 1.15% 29,027 $-458,601 Down ×1
NJR NewJersey Resources Corporation Common Stock $9,788,563 1.14% 174,671 $-97,916 Down ×2
SYK Stryker Corporation Common Stock $9,784,912 1.14% 31,079 $1,027,988 Up ×3
PLD Prologis, Inc. Common Stock $9,668,387 1.13% 71,369 $88,613 Down ×4
CL Colgate-Palmolive Company Common Stock $9,578,635 1.12% 104,479 $693,237 Up ×1
CTAS Cintas Corporation - Common Stock $9,507,812 1.11% 55,902 $758,538 Up ×3
BR Broadridge Financial Solutions, Inc. Common Stock $9,093,069 1.06% 66,397 $-1,085,166 Up ×3
CHD Church & Dwight Company, Inc. Common Stock $8,998,505 1.05% 92,883 $467,844 Up ×5
TSCO Tractor Supply Company - Common Stock $8,994,531 1.05% 284,547 $39,672 Up ×3
PG Procter & Gamble Company (The) Common Stock $8,971,250 1.05% 61,179 $601,856 Up ×6
MDT Medtronic plc. Ordinary Shares $8,921,427 1.04% 114,041 $233,551 Up ×3
WRB W.R. Berkley Corporation Common Stock $8,892,211 1.04% 126,077 $1,411,055 Up ×5
MA Mastercard Incorporated Common Stock $8,718,874 1.02% 16,976 $744,300 Up ×6
MCD McDonald's Corporation Common Stock $8,624,765 1.01% 31,907 $-653,541 Up ×3
CEG Constellation Energy Corporation - Common Stock When-Issued $8,538,464 1.00% 34,378 $-1,823,666 Down ×1
BDX Becton, Dickinson and Company Common Stock $8,432,562 0.98% 55,723 $1,880,316 Up ×6
JKHY Jack Henry & Associates, Inc. - Common Stock $8,416,740 0.98% 61,106 $181,908 Up ×5
MDLZ Mondelez International, Inc. - Class A Common Stock $8,259,263 0.96% 142,795 $139,055 Up ×5
PEP PepsiCo, Inc. - Common Stock $8,195,897 0.96% 60,531 $-963,728 Up ×6
NKE Nike, Inc. Common Stock $7,936,320 0.93% 193,333 $799,017 Up ×6
ICE Intercontinental Exchange Inc. Common Stock $7,575,820 0.88% 61,537 $-1,597,064 Up ×1
VOO $7,190,901 0.84% 10,470 $934,310
ZTS Zoetis Inc. Class A Common Stock $7,115,433 0.83% 99,018 $-1,071,437 Up ×6
ACN Accenture plc Class A Ordinary Shares (Ireland) $6,765,429 0.79% 54,367 $-2,760,819 Up ×2
INTU Intuit Inc. - Common Stock $6,739,020 0.79% 25,820 $-3,271,009 Up ×6
PSX Phillips 66 Common Stock $6,237,776 0.73% 36,899 $-9,903,138 Down ×4
AVIG $6,029,627 0.70% 145,608 $-38,495 Down ×1
JBND JPMorgan Active Bond ETF $5,775,593 0.67% 107,955 $-49,849 Down ×1
AVLV $4,109,401 0.48% 45,054 $1,616,844 Up ×6
QQQ Invesco QQQ Trust, Series 1 $3,999,388 0.47% 5,431 $864,723
USFR $3,649,519 0.43% 72,483 $190,507 Up ×1
AMZN Amazon.com, Inc. - Common Stock $3,594,406 0.42% 15,081 $504,721 Up ×2
DIA $3,289,490 0.38% 6,297 $372,783
DUHP $3,184,429 0.37% 76,310 $1,361,640 Up ×6
VTEB $3,008,397 0.35% 59,478 $727,426 Up ×5
TFLO $2,808,092 0.33% 55,463 $154,472 Up ×1
VNLA $2,730,625 0.32% 55,881 $-91,577 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $2,658,455 0.31% 7,524 $584,744 Up ×2
IWD $2,483,938 0.29% 10,246 $294,675
TSM Taiwan Semiconductor Manufacturing Company Ltd. $2,415,071 0.28% 5,057 $533,703 Down ×1
ASML ASML Holding N.V. - New York Registry Shares $2,375,391 0.28% 1,194 $832,662 Up ×2
NFLX Netflix, Inc. - Common Stock $2,137,430 0.25% 29,936 $-533,905 Up ×5
VRTX Vertex Pharmaceuticals Incorporated - Common Stock $2,102,161 0.25% 4,232 $370,925 Up ×6
NVO Novo Nordisk A/S Common Stock $2,006,241 0.23% 41,849 $303,834 Down ×1
CBSH Commerce Bancshares, Inc. - Common Stock $1,969,679 0.23% 34,107 $-6,012,578 Down ×1
FRT Federal Realty Investment Trust Common Stock $1,928,627 0.23% 15,624 $-3,845,055 Down ×2
CRM Salesforce, Inc. Common Stock $1,824,932 0.21% 11,649 $-214,811 Up ×3
SPY SPY $1,706,374 0.20% 2,285 $255,461 Up ×1
BRKB $1,663,797 0.19% 3,325 $230,031 Up ×5
NVDA NVIDIA Corporation - Common Stock $1,661,962 0.19% 8,306 $311,051 Up ×2
TYL Tyler Technologies, Inc. Common Stock $1,622,276 0.19% 5,547 $-75,929 Up ×2
RSG Republic Services, Inc. Common Stock $1,604,492 0.19% 7,530 $379,513 Up ×6
AON Aon plc Class A Ordinary Shares (Ireland) $1,591,449 0.19% 4,798 $262,887 Up ×6
COP ConocoPhillips Common Stock $1,581,959 0.18% 15,217 $-687,517 Down ×1
MSCI MSCI Inc. Common Stock $1,578,753 0.18% 2,819 $88,929 Up ×1
IWF $1,552,249 0.18% 12,501 $214,206 Up ×2

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
ADP $11,245,649 1.31% up ×3
BRO $10,896,198 1.27% up ×5
SHW $10,802,351 1.26% up ×3
FDS $10,774,186 1.26% up ×6
HD $10,584,985 1.24% up ×3
PAYX $10,577,456 1.23% up ×3
JPM $10,379,962 1.21% up ×6
V $10,123,900 1.18% up ×3
ABT $9,894,834 1.15% up ×3
WM $9,842,827 1.15% up ×6
SPGI $9,825,148 1.15% up ×3
SYK $9,784,912 1.14% up ×3
CTAS $9,507,812 1.11% up ×3
BR $9,093,069 1.06% up ×3
CHD $8,998,505 1.05% up ×5

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
AMD $285,227 491 0.03%
CAT $231,083 217 0.03%
DE $210,598 332 0.02%

Top movers (QoQ)

Security Action Shares Δ Value Δ
PSX Trimmed -52K -$9.9M
CBSH Trimmed -128K -$6.0M
CSCO Bought more +5K +$4.6M
O Trimmed -72K -$4.4M
APH Bought more +10K +$4.4M
UNH Trimmed -4K +$4.2M
TXN Trimmed -876 +$3.9M
FRT Trimmed -39K -$3.8M
LLY Bought more +591 +$3.4M
INTU Bought more +3K -$3.3M

2 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.

SecurityQuarter Shares before Value before Price since exit
UNP Sept. 30, 2025 39,549 $9,099,434 27.6%
APD March 31, 2026 34,706 $8,573,076 6.1%
CMCSA Dec. 31, 2025 234,941 $7,381,846 -4.9%
BFB March 31, 2026 265,715 $6,924,533 No longer tracked
MKC June 30, 2026 123,731 $6,240,992 12.1%
ADBE March 31, 2026 4,730 $1,655,453 12.7%
IGSB March 31, 2026 28,945 $1,530,612
BAX March 31, 2026 69,020 $1,318,972 58.5%
SHV March 31, 2026 9,478 $1,044,002
AAP Dec. 31, 2025 16,059 $986,023 13.7%
AZO March 31, 2026 248 $841,092 -11.1%
HON June 30, 2026 2,004 $452,964 -1.2%
IBDQ Dec. 31, 2025 17,625 $443,974 No longer tracked
VNQ March 31, 2026 3,815 $337,589 No longer tracked
VBR March 31, 2025 1,638 $324,619 No longer tracked
VMC March 31, 2025 1,138 $292,728 16.5%
IBTF Dec. 31, 2025 11,720 $273,838 No longer tracked
SOLS March 31, 2026 5,277 $256,357 -26.2%
IWO March 31, 2025 858 $246,950 No longer tracked
SHY June 30, 2026 2,960 $244,407
VB June 30, 2026 926 $242,538 No longer tracked
DGRO June 30, 2026 3,320 $232,998 No longer tracked
UPS Sept. 30, 2025 2,116 $213,589 22.3%
EMR June 30, 2026 1,555 $203,767 8.6%
TGT June 30, 2026 1,681 $203,755 22.7%
VO March 31, 2025 770 $203,380 No longer tracked
KMI Dec. 31, 2025 7,180 $203,266 16.9%
TROW Dec. 31, 2025 1,976 $202,817 9.9%