Carmel Capital Management L.L.C. — 13F Holdings & Portfolio

CIK 1878547 · latest 13F-HR filed 2026-07-23

Carmel Capital Management L.L.C. manages $456.4M in 13F-reported U.S. long-equity assets across 28 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AMAT (12.56%), AVGO (11.70%), VST (8.91%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions, exited 1, added to 20, and trimmed 3.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
26350 CARMEL RANCHO LANE
SUITE 225
CARMEL, CA 93923
Phone
(831) 625-1375
Filing Manager
Carmel Capital Management L.L.C.
CARMEL, CA
Signatory
Aryn Sands
Agent
Loading holdings…
AUM

$456.4M

Long-equity book

Holdings

28

Distinct positions

Period

2026-06-30

Filed 2026-07-23

Q/Q Activity

+4 / −1 / ↑20 / ↓3

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • APPLIED MATLS INC$26.9M +88.7%
  • GARRETT MOTION INC$11.7M +205.1%
  • BROADCOM INC$9.6M +21.9%
  • ASML HLDG NV$9.3M +50.3%
  • KLA CORP$8.6M +48.8%
Show all 20

Top Trims

  • AUTOZONE INC-$454.8K -5.4%
  • MICROSOFT CORP-$179.3K -19.1%
  • SPDR GOLD TR-$69.3K -14.4%
Show all 3

New Positions

  • TEXAS INSTRS INC$247.7K
  • SCHWAB STRATEGIC TR$233.3K
  • EMERSON ELEC CO$214.7K
  • SCHWAB STRATEGIC TR$211.9K
Show all 4

Exited Positions

  • WISDOMTREE TR$2.1M
Show all 1
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 APPLIED MATLS INC AMAT 038222105 $57.3M 12.56% 79,258 SH
2 BROADCOM INC AVGO 11135F101 $53.4M 11.70% 141,369 SH
3 VISTRA CORP VST 92840M102 $40.7M 8.91% 256,306 SH
4 ASML HLDG NV ASML N07059210 $27.7M 6.07% 13,931 SH
5 KLA CORP KLAC 482480100 $26.3M 5.75% 87,020 SH
6 CITIGROUP INC C 172967424 $24.8M 5.44% 177,259 SH
7 JPMORGAN CHASE & CO JPM 46625H100 $20.3M 4.46% 62,144 SH
8 TERADYNE INC TER 880770102 $20.3M 4.45% 41,957 SH
9 NXP SEMICONDUCTORS N V NXPI N6596X109 $18.5M 4.06% 65,902 SH
10 GARRETT MOTION INC GTX 366505105 $17.5M 3.82% 481,650 SH
11 ENERSYS ENS 29275Y102 $17.2M 3.78% 73,760 SH
12 VALERO ENERGY CORP VLO 91913Y100 $17.2M 3.76% 65,933 SH
13 EAST WEST BANCORP INC EWBC 27579R104 $16.2M 3.56% 125,880 SH
14 RBC BEARINGS INC RBC 75524B104 $15.9M 3.48% 24,625 SH
15 RTX CORPORATION RTX 75513E101 $15.3M 3.35% 80,526 SH
16 APPLE INC AAPL 037833100 $14.4M 3.15% 49,612 SH
17 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $12.6M 2.76% 25,145 SH
18 INVESCO EXCHANGE TRADED FD T RSPN 46137V324 $11.1M 2.43% 173,445 SH
19 EXCHANGE TRADED CONCEPTS TRU ROBO 301505707 $8.6M 1.89% 100,490 SH
20 AUTOZONE INC AZO 053332102 $8.0M 1.75% 2,501 SH
21 ICICI BANK LIMITED IBN 45104G104 $7.9M 1.72% 270,525 SH
22 VANECK ETF TRUST SMH 92189F676 $3.2M 0.71% 4,937 SH
23 MICROSOFT CORP MSFT 594918104 $760.6K 0.17% 2,039 SH
24 SPDR GOLD TR GLD 78463V107 $412.6K 0.09% 1,120 SH
25 TEXAS INSTRS INC TXN 882508104 $247.7K 0.05% 831 SH
26 SCHWAB STRATEGIC TR SCHA 808524607 $233.3K 0.05% 6,456 SH
27 EMERSON ELEC CO EMR 291011104 $214.7K 0.05% 1,500 SH
28 SCHWAB STRATEGIC TR SCHX 808524201 $211.9K 0.05% 7,200 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-23 $456.4M 28 0001754960-26-000626
2026-03-31 2026-04-24 $349.2M 25 0001754960-26-000318
2025-12-31 2026-01-28 $330.0M 23 0001754960-26-000131