Carmel Capital Management L L C's Q4 2025 13F: 2 exits
Form 13F-HR for the quarter ended Dec 31, 2025 · filed Jan 28, 2026 · 23 reported positions · accession 0001754960-26-000131
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | GRAPHIC PACKAGING HLDG CO (GPK) | 1.8% | — | −1.8 pts | −308K sh | −100% |
| Exited | FISERV INC (FISV) | 1.8% | — | −1.8 pts | −46,410 sh | −100% |
| Reduced | BROADCOM INC (AVGO) | 14.8% | 15.0% | +0.2 pts | −4,520 sh | −3% |
| Increased | ENERSYS (ENS) | 2.3% | 3.2% | +1.0 pts | +6,600 sh | +10% |
| Increased | WISDOMTREE TR (EPI) | 1.8% | 1.9% | +0.2 pts | +7,400 sh | +6% |
| Increased | CITIGROUP INC (C) | 5.4% | 6.3% | +0.9 pts | +2,600 sh | +1% |
| Increased | JPMORGAN CHASE & CO. (JPM) | 5.9% | 6.1% | +0.2 pts | +850 sh | +1% |
| Increased | NXP SEMICONDUCTORS N V (NXPI) | 4.2% | 4.1% | −0.1 pts | +1,260 sh | +2% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 3.7% | 3.8% | +0.1 pts | +525 sh | +2% |
| Increased | VALERO ENERGY CORP (VLO) | 2.6% | 2.6% | −0.1 pts | +1,450 sh | +3% |
| Increased | INVESCO EXCHANGE TRADED FD T (RSPN) | 2.9% | 2.9% | +0.1 pts | +2,700 sh | +2% |
| Reduced | AUTOZONE INC (AZO) | 3.3% | 2.6% | −0.7 pts | −43 sh | −2% |
| Reduced | APPLIED MATLS INC (AMAT) | 5.7% | 7.1% | +1.4 pts | −435 sh | 0% |
| Reduced | VISTRA CORP (VST) | 15.2% | 12.5% | −2.8 pts | −553 sh | 0% |
| Increased | EXCHANGE TRADED CONCEPTS TRU (ROBO) | 2.0% | 2.1% | +0.1 pts | +800 sh | +1% |
| Increased | KLA CORP (KLAC) | 4.4% | 5.0% | +0.6 pts | +35 sh | 0% |
| Increased | APPLE INC (AAPL) | 3.8% | 4.1% | +0.3 pts | +145 sh | 0% |
| Increased | TERADYNE INC (TER) | 2.5% | 3.5% | +1.0 pts | +200 sh | 0% |
| Increased | RTX CORPORATION (RTX) | 4.1% | 4.5% | +0.4 pts | +175 sh | 0% |
| Increased | RBC BEARINGS INC (RBC) | 2.3% | 2.7% | +0.3 pts | +60 sh | 0% |
| Increased | ASML HOLDING N V (ASML) | 4.2% | 4.6% | +0.4 pts | +20 sh | 0% |
| Increased | EAST WEST BANCORP INC (EWBC) | 4.1% | 4.3% | +0.2 pts | +80 sh | 0% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 69.5% of the equity book
Changes in the top 10 this quarter: AAPL entered · NXPI left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | BROADCOM INC (AVGO) | 14.8% | 15.0% | |
| 2 | VISTRA CORP (VST) | 15.2% | 12.5% | |
| 3 | APPLIED MATLS INC (AMAT) | 5.7% | 7.1% | |
| 4 | CITIGROUP INC (C) | 5.4% | 6.3% | |
| 5 | JPMORGAN CHASE & CO. (JPM) | 5.9% | 6.1% | |
| 6 | KLA CORP (KLAC) | 4.4% | 5.0% | |
| 7 | ASML HOLDING N V (ASML) | 4.2% | 4.6% | |
| 8 | RTX CORPORATION (RTX) | 4.1% | 4.5% | |
| 9 | EAST WEST BANCORP INC (EWBC) | 4.1% | 4.3% | |
| 10 | APPLE INC (AAPL) | 3.8% | 4.1% | Entered the top 10 |
| — | NXP SEMICONDUCTORS N V (NXPI) | 4.2% | 4.1% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).