PC
Pennsylvania Capital Management Inc /adv Investment Portfolio (Q2 2026) — 13F Stock Holdings
Pennsylvania Capital Management Inc /advCIK: 0001004140
Diversified strategySector-focusedMomentum follower
Total reported value
$394.8M
Reporting period: 2026-06-30 · Number of holdings: 123
PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV disclosed 123 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $394.8M and a quarterly turnover rate of 15.2%.
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Personality snowflake
- Concentration
- 17.25
- Portfolio Stability
- 15.17
- Momentum
- 100
- Sector conviction
- 100
- Diversification
- 100
- Sizing Uniformity
- 79.17
Pennsylvania Capital Management Inc /adv's disclosed holdings carry a Herfindahl concentration index of 0.043 — mathematically equivalent to about 23 equally-sized positions, well below its 123 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 2.08), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 41% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim MSFT
-2.6% -$534.5K
Add JPST
+307.0% $3.8M
Add SMH
-0.1% $3.8M
Trim JPIE
+1.0% $207.1K
Add SOXX
-0.4% $2.5M
Trim AAPL
-5.9% $2.8M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | Stock-Tech | 10.27% | -0.54% | -5.88% | |
| 2 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 8.82% | +0.30% | +2.00% | |
| 3 | MSFT | Microsoft CORP | Stock-Tech | 7.12% | -1.08% | -2.62% | |
| 4 | FNDX | Schwab Fndmntl US Lrg Co ETF | ETF-Other | 5.50% | +0.12% | +3.37% | |
| 5 | JPIE | Jpmorgan Income ETF | ETF-Other | 5.44% | -0.64% | +1.02% | |
| 6 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 4.85% | -0.35% | -7.89% | |
| 7 | BINC | Ishares Flex I A Etf-usd Inc | ETF-Other | 4.81% | -0.52% | +1.11% | |
| 8 | NVDA | Nvidia CORP | Stock-Tech | 4.02% | +0.03% | -0.88% | |
| 9 | FNDF | Schwab Fndmn Intl Lrg Co ETF | ETF-Other | 3.83% | -0.04% | +3.68% | |
| 10 | MGK | Vanguard Mega Cap Growth ETF | ETF-Other | 3.40% | +0.16% | +396.02% | |
| 11 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 2.97% | +0.05% | -0.05% | |
| 12 | JNJ | Johnson & Johnson | Stock-Healthcare | 2.74% | -0.26% | -0.65% | |
| 13 | IJH | Ishares Core S&p Midcap ETF | ETF-Other | 2.31% | +0.03% | +0.35% | |
| 14 | SMH | Vaneck Semiconductor ETF | ETF-Other | 2.31% | +0.78% | -0.07% | |
| 15 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 1.84% | +0.06% | -6.30% | |
| 16 | SOXX | Ishares Semiconductor ETF | ETF-Other | 1.30% | +0.55% | -0.39% | |
| 17 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.28% | +0.19% | +1.55% | |
| 18 | JPST | Jpmorgan Ultra-short Income | ETF-Other | 1.27% | +0.92% | +307.03% | |
| 19 | VMC | Vulcan Materials Co | Stock-Materials | 1.14% | -0.05% | -0.65% | |
| 20 | DSI | Ishares Esg Msci Kld 400 ETF | ETF-Other | 1.12% | +0.21% | +18.88% | |
| 21 | IXUS | Ishares Core Intl Stock ETF | ETF-Other | 1.03% | -0.03% | — | |
| 22 | SCHX | Schwab US Large-cap ETF | ETF-Other | 0.96% | +0.27% | +36.15% | |
| 23 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.92% | +0.01% | -0.86% | |
| 24 | IJR | Ishares Core S&p Small-cap E | ETF-Small Cap | 0.92% | +0.04% | -1.28% | |
| 25 | XLY | Ss Consumer Disc Select Sect | ETF-Other | 0.91% | -0.05% | — | |
| 26 | VO | Vanguard Mid-cap ETF | ETF-Other | 0.72% | -0.01% | +300.08% | |
| 27 | TSLA | Tesla Inc | Stock-Consumer Disc | 0.60% | -0.39% | -38.78% | |
| 28 | CZNC | Citizens & Northern CORP | Stock-Other | 0.59% | -0.05% | — | |
| 29 | VB | Vanguard Small-cap ETF | ETF-Other | 0.59% | +0.01% | +0.03% | |
| 30 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.58% | +0.05% | -0.31% | |
| 31 | SCHD | Schwab US Dvd Equity ETF | ETF-Other | 0.56% | -0.09% | -7.09% | |
| 32 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.53% | -0.02% | +3.70% | |
| 33 | ADI | Analog Devices Inc | Stock-Tech | 0.51% | +0.04% | -2.40% | |
| 34 | MS | Morgan Stanley | Stock-Financials | 0.47% | +0.05% | — | |
| 35 | SCHG | Schwab US Large-cap Growth | ETF-Other | 0.46% | +0.07% | +13.99% | |
| 36 | EPD | Enterprise Products Partners | Stock-Energy | 0.40% | -0.07% | — | |
| 37 | SCHM | Schwab US Mid Cap ETF | ETF-Other | 0.40% | +0.10% | +24.70% | |
| 38 | VOT | Vanguard Mid-cap Growth ETF | ETF-Other | 0.38% | +0.02% | — | |
| 39 | XOM | Exxon Mobil CORP | Stock-Energy | 0.37% | -0.14% | — | |
| 40 | RTX | Rtx CORP | Stock-Industrials | 0.36% | -0.05% | — | |
| 41 | IVW | Ishares S&p 500 Growth ETF | ETF-Large Cap & Growth | 0.36% | +0.02% | — | |
| 42 | VYM | Vanguard High Dvd Yield ETF | ETF-Other | 0.36% | -0.08% | -14.03% | |
| 43 | IVES | Dan Wedbush Ai Rev ETF | ETF-Other | 0.35% | +0.04% | -5.34% | |
| 44 | VOX | Vanguard Communication Servi | ETF-Other | 0.32% | -0.04% | — | |
| 45 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.29% | +0.06% | +30.56% | |
| 46 | NEE | Nextera Energy Inc | Stock-Utilities | 0.29% | -0.06% | +0.01% | |
| 47 | IVE | Ishares S&p 500 Value ETF | ETF-Large Cap & Growth | 0.29% | -0.01% | -0.06% | |
| 48 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.29% | -0.05% | -16.84% | |
| 49 | JMST | JPM Ultra-short Muni Income | ETF-Other | 0.28% | -0.07% | -9.48% | |
| 50 | CNC | Centene CORP | Stock-Healthcare | 0.27% | +0.07% | -21.24% |
1–50 of 123
Portfolio Performance
Performance for Q3 2026
+2.8%
Performance Last 4 Quarters
+20.7%
- Stdev
- +12.6%
- Beta
- +0.93
- Alpha
- 0%
- Max Drawdown
- -8.2%
- Annualized Perf
- +19.3%
- Batting Avg vs S&P
- +38.9%
- Sortino
- +3.14
- Stutzer
- +0.44
- Treynor
- +0.2
- Sterling
- +1.23
- Calmar
- +2.35
- Information Ratio
- -0.39
- Tracking Error
- +3.8%
- Stdev Down
- +5.9%
- Winning Months %
- +66.7%
- Losing Months %
- +33.3%
- Best 12 Months
- +32.6%
- Worst 12 Months
- +5.6%
- Efficiency Ratio
- +0.64
- Sharpe
- +1.48
- Stdev Sectors
- +15.8%
- Skewness
- +0.14
- Kurtosis
- -0.06
- Upside Potential
- +4.66
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 123 | $394.8M | 15 | ||
| 2026 Q1 | 112 | $349.5M | 11 | ||
| 2025 Q4 | 113 | $365.4M | 12 | ||
| 2025 Q3 | 108 | $343.6M | 34 | ||
| 2025 Q2 | 107 | $312.7M | 0 | ||
| 2025 Q1 | 99 | $272.4M | 100 | ||
| 2024 Q4 | 100 | $291.6M | 0 | ||
| 2024 Q3 | 98 | $278.4M | 0 | ||
| 2024 Q2 | 87 | $259.9M | 0 | ||
| 2024 Q1 | 85 | $242.8M | 0 | ||
| 2023 Q4 | 90 | $252.2M | 0 | ||
| 2023 Q3 | 91 | $241.0M | 0 | ||
| 2023 Q2 | 88 | $233.0M | 0 | ||
| 2023 Q1 | 86 | $206.6M | 0 | ||
| 2022 Q4 | 132 | $189.5M | 0 | ||
| 2022 Q3 | 111 | $180.9M | 0 | ||
| 2022 Q2 | 109 | $189.2M | 0 | ||
| 2022 Q1 | 115 | $234.3M | 0 | ||
| 2021 Q4 | 139 | $292.3M | 0 | ||
| 2021 Q3 | 114 | $224.2M | 0 | ||
| 2021 Q2 | 99 | $203.6M | 91 | ||
| 2021 Q1 | 95 | $170.3M | 13 | ||
| 2020 Q4 | 90 | $152.9M | 29 | ||
| 2020 Q3 | 82 | $127.8M | 100 | ||
| 2020 Q2 | 115 | $187.6M | 100 | ||
| 2020 Q1 | 65 | $77.6M | 42 | ||
| 2019 Q4 | 78 | $105.5M | 0 |
Holding changes this quarter
Pennsylvania Capital Management Inc /adv's most significant position changes for 2026-06-30: Sold out: Ss Spdr Bb 1-3m T-bill ETF (BIL); New buy: Palo Alto Networks Inc (PANW); New buy: ; Sold out: Fidelity Wise Origin Bitcoin (FBTC); New buy: Vanguard Short Tax-ex Bond (VSDM).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | JPST | Jpmorgan Ultra-short Income | +0.9% | +307.03% | Add |
| 2 | SMH | Vaneck Semiconductor ETF | +0.8% | -0.07% | Trim |
| 3 | SOXX | Ishares Semiconductor ETF | +0.6% | -0.39% | Trim |
| 4 | IVV | Ishares Core S&p 500 ETF | +0.3% | +2.00% | Add |
| 5 | SCHX | Schwab US Large-cap ETF | +0.3% | +36.15% | Add |
| 6 | DSI | Ishares Esg Msci Kld 400 ETF | +0.2% | +18.88% | Add |
| 7 | LLY | Eli Lilly & Co | +0.2% | +1.55% | Add |
| 8 | MGK | Vanguard Mega Cap Growth ETF | +0.2% | +396.02% | Add |
| 9 | PANW | Palo Alto Networks Inc | +0.2% | NEW | New buy |
| 10 | ✓ | +0.2% | NEW | New buy | |
| 11 | FNDX | Schwab Fndmntl US Lrg Co ETF | +0.1% | +3.37% | Add |
| 12 | VSDM | Vanguard Short Tax-ex Bond | +0.1% | NEW | New buy |
| 13 | SCHM | Schwab US Mid Cap ETF | +0.1% | +24.70% | Add |
| 14 | ✓ | +0.1% | NEW | New buy | |
| 15 | AMD | Advanced Micro Devices | +0.1% | -1.80% | Trim |
| 16 | VGMS | Vanguard Multi-sector | +0.1% | NEW | New buy |
| 17 | MINO | Pimco Municipal Income Oppor | +0.1% | +110.06% | Add |
| 18 | CGHM | Cap Group Muni High-income | +0.1% | NEW | New buy |
| 19 | SCHG | Schwab US Large-cap Growth | +0.1% | +13.99% | Add |
| 20 | CNC | Centene CORP | +0.1% | -21.24% | Trim |
| 21 | CAT | Caterpillar Inc | +0.1% | NEW | New buy |
| 22 | IWD | Ishares Russell 1000 Value E | +0.1% | NEW | New buy |
| 23 | GOOGL | Alphabet Inc-cl A | +0.1% | -6.30% | Trim |
| 24 | JPM | Jpmorgan Chase & Co | +0.1% | +30.56% | Add |
| 25 | CGNG | Cap Group New Geography Eq | +0.1% | +72.78% | Add |
| 26 | FTNT | Fortinet Inc | +0.1% | — | Unchanged |
| 27 | GE | General Electric | +0.1% | NEW | New buy |
| 28 | CSCO | Cisco Systems Inc | +0.1% | NEW | New buy |
| 29 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | NEW | New buy |
| 30 | SUSA | Ishares Esg Optimized Msci U | +0.1% | NEW | New buy |
| 31 | VOO | Vanguard S&p 500 ETF | +0.1% | -0.05% | Trim |
| 32 | GOOG | Alphabet Inc-cl C | +0.1% | -0.31% | Trim |
| 33 | MS | Morgan Stanley | +0.1% | — | Unchanged |
| 34 | TXN | Texas Instruments Inc | +0.1% | -7.88% | Trim |
| 35 | SMHX | Vaneck Fables Smicndctr ETF | +0.1% | — | Unchanged |
| 36 | TFLO | Ishares Treasury Floating Ra | +0.1% | NEW | New buy |
| 37 | IJR | Ishares Core S&p Small-cap E | 0% | -1.28% | Trim |
| 38 | ADI | Analog Devices Inc | 0% | -2.40% | Trim |
| 39 | IVES | Dan Wedbush Ai Rev ETF | 0% | -5.34% | Trim |
| 40 | IBIT | Ishares Bitcoin Trust ETF | 0% | +86.79% | Add |
| 41 | HODL | Vaneck Bitcoin ETF | 0% | NEW | New buy |
| 42 | NVDA | Nvidia CORP | 0% | -0.88% | Trim |
| 43 | IJH | Ishares Core S&p Midcap ETF | 0% | +0.35% | Add |
| 44 | QQQ | Invesco Qqq Trust Series 1 | 0% | — | Unchanged |
| 45 | SCHA | Schwab US Small-cap ETF | 0% | +4.69% | Add |
| 46 | IVW | Ishares S&p 500 Growth ETF | 0% | — | Unchanged |
| 47 | VOT | Vanguard Mid-cap Growth ETF | 0% | — | Unchanged |
| 48 | JEPQ | JPM Nasdaq Equity Premium | 0% | +14.01% | Add |
| 49 | GS | Goldman Sachs Group Inc | 0% | +16.02% | Add |
| 50 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | -0.86% | Trim |
1–50 of 126
Filing History
FAQ
What is Pennsylvania Capital Management Inc /adv and what type of investor is it?
Pennsylvania Capital Management Inc /adv is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $394.8M, spread across 123 disclosed positions.
What are Pennsylvania Capital Management Inc /adv's largest equity positions?
Based on the latest 13F filing, Pennsylvania Capital Management Inc /adv's top holdings by market value are:
1. Apple Inc (AAPL) — $40.5M (10.3%)
2. Ishares Core S&p 500 ETF (IVV) — $34.8M (8.8%)
3. Microsoft CORP (MSFT) — $28.1M (7.1%)
4. Schwab Fndmntl US Lrg Co ETF (FNDX) — $21.7M (5.5%)
5. Jpmorgan Income ETF (JPIE) — $21.5M (5.4%)
What changes did Pennsylvania Capital Management Inc /adv make in its most recent portfolio filing?
In the latest reported quarter, Pennsylvania Capital Management Inc /adv made 92 notable position adjustments: 14 new positions were initiated, 37 existing holdings were added to, 38 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Ss Spdr Bb 1-3m T-bill ETF (BIL); New buy: Palo Alto Networks Inc (PANW); New buy: ; Sold out: Fidelity Wise Origin Bitcoin (FBTC); New buy: Vanguard Short Tax-ex Bond (VSDM)
What sectors does Pennsylvania Capital Management Inc /adv focus on?
Pennsylvania Capital Management Inc /adv is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 55.9%
• Consumer Discretionary: 13.5%
• Health Care: 10.7%
• Communication Services: 6.4%
• Financials: 5.6%
• Materials: 2.7%
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Investment Profile
Pennsylvania Capital Management Inc /adv returned an annualized 19.3% over the trailing 36 months — underperforming the S&P 500 by 0.0 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.93 (roughly in line with the market) and a 39% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 55.9% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 15 over the past 4 quarters — a shift toward more active trading.
It has added to its SMH position over the past two quarters (+$4.2M, now $9.1M), while trimming MSFT over the same stretch (-$9.3M, still holding $28.1M).
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Developer Access
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