Carmel Capital Management L.L.C.
Carmel Capital Management L.L.C. reported 31 US-listed holdings worth $425.3 million in its 13F for the quarter ended 30 September 2026, filed 30 October 2026. Its largest: Broadcom Inc. (11.6%), Applied Materials Inc. (9.5%) and Vistra Corp. (8.3%). Against the quarter before, it opened 3 positions, added to 0, trimmed 13 and sold out of 0.
The 14 largest of its 31 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q2 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +62.8% over the 8 quarters to 30 September 2026, against +32.9% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 30 June 2026; a change under 0.1% of a position counts as held
Opened 3
- Mueller Industries Inc. MLI$9.9 million
- Generac Holdings Inc. GNRC$8.3 million
- Jacobs Solutions Inc. J$8.1 million
Trimmed 13
- Valero Energy Corp. VLO-8,435 shares · -13%
- KLA Corp. KLAC-10,730 shares · -12%
- Broadcom Inc. AVGO-1,020 shares · -1%
- Applied Materials Inc. AMAT-325 shares · -0%
- Vistra Corp. VST-784 shares · -0%
- JPMorgan Chase & Co. JPM-307 shares · -0%
- Apple Inc. AAPL-225 shares · -0%
- RTX Corp. RTX-275 shares · -0%
and 5 more in the table below
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Broadcom Inc. AVGO | 140.3K | $49.3 million | 11.59% | -1.0K |
| Applied Materials Inc. AMAT | 78.9K | $40.4 million | 9.49% | -325 |
| Vistra Corp. VST | 255.5K | $35.4 million | 8.31% | -784 |
| ASML Holding N.V. ASML | 13.9K | $25.2 million | 5.92% | -22 |
| Citigroup Inc. C | 177.3K | $23.0 million | 5.40% | no change |
| Valero Energy Corp. VLO | 57.5K | $22.3 million | 5.24% | -8.4K |
| JPMorgan Chase & Co. JPM | 61.8K | $20.5 million | 4.81% | -307 |
| Teradyne, Inc. TER | 41.9K | $16.8 million | 3.95% | -55 |
| Apple Inc. AAPL | 49.4K | $16.4 million | 3.87% | -225 |
| NXP Semiconductors N.V. NXPI | 65.7K | $15.6 million | 3.67% | -200 |
| East West Bancorp Inc. EWBC | 125.6K | $15.6 million | 3.66% | -234 |
| RTX Corp. RTX | 80.3K | $14.9 million | 3.50% | -275 |
| KLA Corp. KLAC | 76.3K | $14.9 million | 3.50% | -10.7K |
| EnerSys ENS | 73.8K | $13.5 million | 3.18% | no change |
| Garrett Motion Inc. GTX | 481.6K | $12.5 million | 2.95% | no change |
| Berkshire Hathaway Inc. Class B BRKB | 25.1K | $12.5 million | 2.94% | -3 |
| RBC Bearings Inc. RBC | 24.6K | $12.3 million | 2.89% | no change |
| Invesco Exchange Traded FD T RSPN | 173.4K | $10.0 million | 2.36% | no change |
| Mueller Industries Inc. MLI | 163.9K | $9.9 million | 2.34% | new |
| Generac Holdings Inc. GNRC | 40.1K | $8.3 million | 1.95% | new |
| Exchange Traded Concepts Tru ROBO | 100.5K | $8.1 million | 1.90% | no change |
| Jacobs Solutions Inc. J | 59.6K | $8.1 million | 1.89% | new |
| Icici Bank ADR IBN | 270.5K | $7.5 million | 1.75% | no change |
| Autozone Inc. AZO | 2.5K | $7.1 million | 1.66% | -1 |
| Vaneck ETF Trust SMH | 4.9K | $3.0 million | 0.71% | -10 |
| Microsoft Corp. MSFT | 2.0K | $1.0 million | 0.25% | no change |
| SPDR Gold Trust GLD | 1.1K | $426,541 | 0.10% | no change |
| Texas Instruments Inc. TXN | 831 | $232,755 | 0.05% | no change |
| Emerson Electric Co. EMR | 1.5K | $232,650 | 0.05% | no change |
| Schwab US Large Cap SCHX | 7.2K | $216,000 | 0.05% | no change |
| Schwab Strategic Trust SCHA | 6.5K | $210,659 | 0.05% | no change |