1y return+17.6%S&P 500 +20.9%
3y return+55.0%S&P 500 +68.5%
5y return+56.4%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2019: $225 against $232 in the S&P 500.2
Pennsylvania Capital Management Inc /advS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| AAPLApple Inc | $40.5M | 10.3% | −5.9% |
| IVVIshares Tr | $34.8M | 8.8% | +2.0% |
| MSFTMicrosoft Corp | $28.1M | 7.1% | −2.6% |
| FNDXSchwab Strategic Tr | $21.7M | 5.5% | +3.4% |
| JPIEJ P Morgan Exchange Traded F | $21.5M | 5.4% | +1.0% |
| AMZNAmazon Com Inc | $19.1M | 4.8% | −7.9% |
| BINCBlackrock Etf Trust II | $19.0M | 4.8% | +1.1% |
| NVDANvidia Corporation | $15.9M | 4.0% | |
| FNDFSchwab Strategic Tr | $15.1M | 3.8% | +3.7% |
| MGKVanguard World Fd | $13.4M | 3.4% | |
| VOOVanguard Index Fds | $11.7M | 3.0% | |
| JNJJohnson & Johnson | $10.8M | 2.7% | |
| IJHIshares Tr | $9.1M | 2.3% | |
| SMHVaneck Etf Trust | $9.1M | 2.3% | |
| GOOGLAlphabet Inc | $7.3M | 1.8% | −6.3% |
| SOXXIshares Tr | $5.1M | 1.3% | |
| LLYEli Lilly & Co | $5.0M | 1.3% | +1.5% |
| JPSTJ P Morgan Exchange Traded F | $5.0M | 1.3% | +307.0% |
| VMCVulcan Matls Co | $4.5M | 1.1% | |
| DSIIshares Tr | $4.4M | 1.1% | +18.9% |
| IXUSIshares Tr | $4.1M | 1.0% | |
| SCHXSchwab Strategic Tr | $3.8M | 1.0% | +36.2% |
| SPYState Str Spdr S&p 500 Etf T | $3.6M | 0.9% | |
| IJRIshares Tr | $3.6M | 0.9% | −1.3% |
| XLYSelect Sector Spdr Tr | $3.6M | 0.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | March 31, 2021 | +1399.0% | $15.9M |
| SMHVaneck Etf Trust | December 31, 2022 | +546.4% | $9.1M |
| SOXXIshares Tr | September 30, 2020 | +531.1% | $5.1M |
| LLYEli Lilly & Co | June 30, 2021 | +422.6% | $5.0M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $7.3M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $2.3M |
| Exxon Mobil CorpCUSIP 30231G102 | September 30, 2020 | +298.3% | $1.4M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $40.5M |
| RTXRtx Corporation | June 30, 2020 | +207.9% | $1.4M |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $2.1M |
Sold off last quarter
- BILSpdr Series Trust was $794K
- FBTCFidelity Wise Origin Bitcoin was $567K
- ADPAutomatic Data Processing In was $260K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +12.1% | +14.8% |
| March 31, 2026 | −5.1% | −4.6% |
| December 31, 2025 | +2.2% | +2.4% |
| September 30, 2025 | +8.3% | +7.8% |
| June 30, 2025 | +10.4% | +10.5% |
| March 31, 2025 | −7.0% | −4.6% |
| December 31, 2024 | +2.1% | +2.1% |
| September 30, 2024 | +2.8% | +5.4% |
| June 30, 2024 | +7.8% | +4.0% |
| March 31, 2024 | +6.3% | +10.0% |
| December 31, 2023 | +11.9% | +11.2% |
| September 30, 2023 | −4.7% | −3.6% |
| June 30, 2023 | +11.8% | +8.3% |
| March 31, 2023 | +11.3% | +7.0% |
| December 31, 2022 | −1.0% | +7.1% |
| September 30, 2022 | −3.3% | −5.3% |
| June 30, 2022 | −19.8% | −16.5% |
| March 31, 2022 | −5.1% | −4.9% |
| December 31, 2021 | +11.3% | +10.7% |
| September 30, 2021 | −0.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Pennsylvania Capital Management Inc /adv Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1004140&type=13F-HR&dateb=&owner=include&count=40CIK 1004140
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1004140/000100414026000005/Filed July 24, 2026 · accession 0001004140-26-000005