Kennondale Capital Management LLC

Other Low signal CIK 2055199
League rank
#1395
in Other · #5466 overall
Long book
$138.7M
Q1 2026
Positions
78
Top-10 weight
28%
concentration
Last quarter
+9.6%
SPY +14.8%
Turnover
15%
of book per quarter

Strategy in plain words

auto-generated from filings

Kennondale Capital Management LLC is an institutional manager, running a $138.7M US long book across 78 positions.

The portfolio is moderately concentrated (top 10 ≈ 28% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: MARATHON PETROLEUM CORP, DELEK US HOLDINGS INC, PERDOCEO EDUCATION CORP, WARRIOR MET COAL INC, BERKSHIRE HATHAWAY INC-CL B.

Over the last 6 quarters its long book ran on average 1pp per quarter ahead of the S&P 500, beating the index in 3 of 6 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
-3.2%
Q1 2025
+7.0%
Q2 2025
+14.2%
Q3 2025
+2.5%
Q4 2025
+3.7%
Q1 2026
+9.6%

Sector allocation

Financials
27%
Industrials
15%
Energy
15%
Services media
9%
Materials
7%
Healthcare
6%
Communications
5%
Technology
4%

Long book by quarter

$92.6M
Q4 2024
$91.7M
Q1 2025
$98.0M
Q2 2025
$130.6M
Q3 2025
$135.9M
Q4 2025
$138.7M
Q1 2026

What does Kennondale Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MPC MARATHON PETROLEUM CORPEnergy19.7K$4.8M3.5%Held
DK DELEK US HOLDINGS INCEnergy99.5K$4.5M3.2%+31.2%
PRDO PERDOCEO EDUCATION CORPServices media112.5K$4.2M3.0%Held
HCC WARRIOR MET COAL INCMaterials44.9K$4.2M3.0%-14.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials8.3K$4.0M2.9%+18.6%
RKT ROCKET COS INC-CLASS AFinancials263.7K$3.8M2.7%-0.3%
TDW TIDEWATER INCIndustrials44.0K$3.7M2.6%Held
IBKR INTERACTIVE BROKERS GRO-CL AFinancials54.4K$3.6M2.6%Held
REPX RILEY EXPLORATION PERMIAN INEnergy94.0K$3.4M2.5%+24.3%
HRB H&R BLOCK INCServices media104.3K$3.3M2.4%+256.2%
C CITIGROUP INCFinancials28.6K$3.2M2.3%Held
GRBK GREEN BRICK PARTNERS INCIndustrials49.0K$3.2M2.3%Held
ALB ALBEMARLE CORPMaterials17.2K$3.1M2.2%-38.1%
XOM EXXON MOBIL CORPEnergy16.5K$2.8M2.0%Held
MKL MARKEL GROUP INCFinancials1.5K$2.8M2.0%Held
OXY OCCIDENTAL PETROLEUM CORPEnergy43.1K$2.8M2.0%Held
COF CAPITAL ONE FINANCIAL CORPFinancials14.0K$2.6M1.8%Held
ABM ABM INDUSTRIES INCServices media65.8K$2.5M1.8%Held
HII HUNTINGTON INGALLS INDUSTRIEIndustrials6.6K$2.5M1.8%-38.0%
TROW T ROWE PRICE GROUP INCFinancials27.0K$2.4M1.8%Held
ROKU ROKU INCCommunications24.6K$2.3M1.7%Held
MMM 3M COHealthcare15.4K$2.2M1.6%Held
CMI CUMMINS INCIndustrials3.9K$2.1M1.5%Held
SBGI SINCLAIR INCCommunications153.8K$2.0M1.4%Held
BBW BUILD-A-BEAR WORKSHOP INCConsumer discretionary53.1K$2.0M1.4%-20.3%
AMG AFFILIATED MANAGERS GROUPFinancials7.0K$1.9M1.4%Held
GDOT GREEN DOT CORP-CLASS AFinancials171.3K$1.9M1.4%New
ZIM ZIM INTEGRATED SHIPPING SERVIndustrials72.5K$1.9M1.4%Held
AUB ATLANTIC UNION BANKSHARES COFinancials53.3K$1.9M1.4%Held
CACI CACI INTERNATIONAL INC -CL ATechnology3.3K$1.8M1.3%Held
PCAR PACCAR INCIndustrials15.6K$1.8M1.3%Held
VZ VERIZON COMMUNICATIONS INCCommunications35.7K$1.8M1.3%Held
JNJ JOHNSON & JOHNSONHealthcare7.1K$1.7M1.3%Held
DUK DUKE ENERGY CORPUtilities12.9K$1.7M1.2%Held
ROCK GIBRALTAR INDUSTRIES INCIndustrials41.9K$1.7M1.2%Held
ACIC AMERICAN COASTAL INSURANCE CFinancials146.8K$1.7M1.2%+71.8%
CNC CENTENE CORPFinancials49.0K$1.6M1.2%Held
MAT MATTEL INCOther103.2K$1.5M1.1%New
SENEA SENECA FOODS CORP - CL AConsumer staples9.6K$1.4M1.0%Held
VLO VALERO ENERGY CORPEnergy5.8K$1.4M1.0%Held
IDCC INTERDIGITAL INCFinancials4.8K$1.4M1.0%Held
CVS CVS HEALTH CORPHealthcare19.8K$1.4M1.0%Held
AMR ALPHA METALLURGICAL RESOURCEMaterials6.8K$1.4M1.0%-44.7%
CCSI CONSENSUS CLOUD SOLUTIONTechnology58.6K$1.4M1.0%Held
VRTS VIRTUS INVESTMENT PARTNERSFinancials9.8K$1.3M0.9%+67.4%
BIIB BIOGEN INCHealthcare7.0K$1.3M0.9%+152.4%
W WAYFAIR INC- CLASS AConsumer discretionary16.9K$1.3M0.9%Held
T AT&T INCCommunications43.5K$1.3M0.9%New
TMO THERMO FISHER SCIENTIFIC INCOther2.5K$1.2M0.9%Held
ETN EATON CORP PLCIndustrials3.3K$1.2M0.9%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 202678$138.7M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202683$135.9M canonicalSEC ↗
Q3 202513F-HRNov 12, 202582$130.6M canonicalSEC ↗
Q2 202513F-HRAug 13, 202582$98.0M canonicalSEC ↗
Q1 202513F-HRMay 6, 202581$91.7M canonicalSEC ↗
Q4 202413F-HR/ARESTATEMENTFeb 14, 202580$92.6M canonicalSEC ↗
Q4 202413F-HRFeb 10, 202578$89.3M SEC ↗