Capital Management Associates, Inc — 13F Holdings & Portfolio

CIK 2008851 · latest 13F-HR filed 2026-04-23

Capital Management Associates, Inc manages $442.3M in 13F-reported U.S. long-equity assets across 166 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPY (15.25%), SCHB (10.13%), VOO (9.16%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 10 new positions, exited 15, added to 46, and trimmed 47.

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.

Loading holdings…
AUM

$442.3M

Long-equity book

Holdings

166

Distinct positions

Period

2026-03-31

Filed 2026-04-23

Q/Q Activity

+10 / −15 / ↑46 / ↓47

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • STATE STR SPDR S&P 500 ETF T$3.3M +5.2%
  • PIMCO ETF TR$1.1M +7.9%
  • CATERPILLAR INC$1.1M +26.0%
  • PIMCO ETF TR$897.7K +21.0%
  • STATE STR SPDR DOW JONES IND$808.6K +6.4%
Show all 46

Top Trims

  • GENERAL MILLS INC-$6.5M -57.2%
  • INVESCO QQQ TR-$1.4M -5.9%
  • ISHARES TR-$1.4M -47.6%
  • ABRDN SILVER ETF TRUST-$1.1M -5.4%
  • APPLE INC-$1.0M -6.7%
Show all 47

New Positions

  • SONIDA SENIOR LIVING INC$852.5K
  • ISHARES TR$717.1K
  • SANDISK CORP$635.3K
  • TAIWAN SEMICONDUCTOR MANUFAC$569.8K
  • HONEYWELL INTL INC$236.5K
Show all 10

Exited Positions

  • FIRST MAJESTIC SILVER CORP$670.6K
  • MONDELEZ INTL INC$588.8K
  • ISHARES TR$581.5K
  • ISHARES TR$474.9K
  • GOLDMAN SACHS ETF TR$393.7K
Show all 15
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 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $67.4M 15.25% 103,708 SH
2 SCHWAB STRATEGIC TR SCHB 808524102 $44.8M 10.13% 1,785,562 SH
3 VANGUARD INDEX FDS VOO 922908363 $40.5M 9.16% 67,810 SH
4 INVESCO QQQ TR QQQ 46090E103 $22.9M 5.18% 39,668 SH
5 ABRDN SILVER ETF TRUST SIVR 003264108 $19.6M 4.42% 273,022 SH
6 PIMCO ETF TR HYS 72201R783 $15.1M 3.42% 162,054 SH
7 APPLE INC AAPL 037833100 $13.8M 3.11% 54,234 SH
8 STATE STR SPDR DOW JONES IND DIA 78467X109 $13.4M 3.04% 29,008 SH
9 ETFS GOLD TR SGOL 00326A104 $11.7M 2.65% 262,533 SH
10 VANGUARD INDEX FDS VB 922908751 $11.0M 2.48% 41,904 SH
11 CAPITAL GROUP CORE BALANCED CGBL 14021D107 $10.3M 2.33% 299,356 SH
12 VANGUARD INDEX FDS VBK 922908595 $9.5M 2.15% 31,418 SH
13 VANGUARD INDEX FDS VUG 922908736 $7.2M 1.63% 16,460 SH
14 VANGUARD INDEX FDS VO 922908629 $5.7M 1.28% 19,769 SH
15 ISHARES TR AGG 464287226 $5.2M 1.18% 52,370 SH
16 PIMCO ETF TR MINT 72201R833 $5.2M 1.17% 51,397 SH
17 CATERPILLAR INC CAT 149123101 $5.1M 1.16% 7,224 SH
18 XCEL ENERGY INC XEL 98389B100 $5.1M 1.15% 63,832 SH
19 GENERAL MILLS INC GIS 370334104 $4.9M 1.10% 130,522 SH
20 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $4.7M 1.05% 9,729 SH
21 MICROSOFT CORP MSFT 594918104 $3.8M 0.86% 10,315 SH
22 STRATEGIC TRUST RUNN 48817R870 $3.7M 0.83% 114,299 SH
23 CAPITAL GROUP CORE EQUITY ET CGUS 14020V108 $3.6M 0.81% 93,670 SH
24 ORACLE CORP ORCL 68389X105 $3.0M 0.67% 20,284 SH
25 ISHARES TR MUB 464288414 $2.7M 0.61% 25,582 SH
26 JOHNSON & JOHNSON JNJ 478160104 $2.7M 0.61% 11,017 SH
27 DEERE & CO DE 244199105 $2.6M 0.60% 4,685 SH
28 VANGUARD WORLD FD VGT 92204A702 $2.6M 0.58% 3,683 SH
29 VANGUARD INDEX FDS VNQ 922908553 $2.2M 0.51% 25,257 SH
30 PUBLIC STORAGE OPER CO PSA 74460D109 $2.2M 0.50% 8,093 SH
31 AMAZON COM INC AMZN 023135106 $2.2M 0.49% 10,344 SH
32 VANGUARD WORLD FD VHT 92204A504 $2.1M 0.48% 7,837 SH
33 VANGUARD WORLD FD VIS 92204A603 $2.1M 0.46% 6,571 SH
34 VANGUARD WORLD FD VCR 92204A108 $2.0M 0.46% 5,680 SH
35 META PLATFORMS INC META 30303M102 $2.0M 0.45% 3,477 SH
36 ISHARES TR IJH 464287507 $1.9M 0.43% 28,303 SH
37 3M CO MMM 88579Y101 $1.9M 0.42% 12,912 SH
38 UNITEDHEALTH GROUP INC UNH 91324P102 $1.8M 0.41% 6,761 SH
39 MERCK & CO INC MRK 58933Y105 $1.8M 0.40% 14,778 SH
40 CAPITAL GROUP DIVIDEND VALUE CGDV 14020W106 $1.8M 0.40% 41,279 SH
41 VANGUARD INDEX FDS VV 922908637 $1.7M 0.38% 5,581 SH
42 NVIDIA CORPORATION NVDA 67066G104 $1.6M 0.37% 9,459 SH
43 ISHARES TR IVV 464287200 $1.6M 0.35% 2,387 SH
44 ALPHABET INC GOOGL 02079K305 $1.6M 0.35% 5,407 SH
45 SCHWAB STRATEGIC TR SCHX 808524201 $1.5M 0.35% 60,137 SH
46 VANGUARD INDEX FDS VTV 922908744 $1.5M 0.34% 7,660 SH
47 ECOLAB INC ECL 278865100 $1.5M 0.33% 5,553 SH
48 EMERSON ELEC CO EMR 291011104 $1.5M 0.33% 11,233 SH
49 DARDEN RESTAURANTS INC DRI 237194105 $1.4M 0.31% 7,075 SH
50 SCHWAB STRATEGIC TR SCHZ 808524839 $1.4M 0.31% 59,279 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-23 $442.3M 166 0002008851-26-000002
2025-12-31 2026-01-21 $452.3M 171 0002008851-26-000001