Canal Capital Management 13F annual report
Canal Capital Management is an investment fund managing more than $578 billion ran by Canal Management. There are currently 121 companies in Management’s portfolio. The largest investments include Old Dominion Freight Line In and Apple Inc, together worth $130 billion.
$578 billion Assets Under Management (AUM)
As of 23rd July 2024, Canal Capital Management’s top holding is 588,109 shares of Old Dominion Freight Line In currently worth over $104 billion and making up 18.0% of the portfolio value.
In addition, the fund holds 123,768 shares of Apple Inc worth $26.1 billion, whose value grew 19.3% in the past six months.
The third-largest holding is Microsoft worth $20 billion and the next is Ishares Tr worth $89.3 billion, with 709,406 shares owned.
Currently, Canal Capital Management's portfolio is worth at least $578 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Canal Capital Management
The Canal Capital Management office and employees reside in Richmond, Virginia. According to the last 13-F report filed with the SEC, Canal Management serves as the President at Canal Capital Management.
Recent trades
In the most recent 13F filing, Canal Capital Management revealed that it had opened a new position in
CRH Plc and bought 55,995 shares worth $4.2 billion.
This means they effectively own approximately 0.1% of the company.
CRH Plc makes up
26.2%
of the fund's Materials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Old Dominion Freight Line In by buying
22,613 additional shares.
This makes their stake in Old Dominion Freight Line In total 588,109 shares worth $104 billion.
On the other hand, there are companies that Canal Capital Management is getting rid of from its portfolio.
Canal Capital Management closed its position in Bristol-Myers Squibb Co on 30th July 2024.
It sold the previously owned 107,340 shares for $5.82 billion.
Canal Management also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $26.1 billion and 123,768 shares.
One of the average hedge funds
The two most similar investment funds to Canal Capital Management are Advisors Preferred and Lgl Partners. They manage $578 billion and $578 billion respectively.
Canal Management investment strategy
Canal Capital Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 13.2% of
the total portfolio value.
The fund focuses on investments in the United States as
49.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
50% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $232 billion.
The complete list of Canal Capital Management trades based on 13F SEC filings
These positions were updated on July 30th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Old Dominion Freight Line In |
4.00%
588,109
|
$103,860,054,000 | 17.97% |
| Apple Inc |
0.35%
123,768
|
$26,067,975,000 | 4.51% |
| Microsoft Corporation |
1.18%
44,799
|
$20,022,873,000 | 3.46% |
| Ishares Tr |
4.77%
709,406
|
$89,322,200,000 | 15.46% |
| Altria Group Inc. |
1.80%
303,610
|
$13,829,433,000 | 2.39% |
| Blackstone Inc |
0.18%
103,866
|
$12,858,566,000 | 2.22% |
| Ssga Active Etf Tr |
1.61%
407,582
|
$16,412,060,000 | 2.84% |
| Philip Morris International Inc |
6.87%
107,918
|
$10,935,300,000 | 1.89% |
| Berkshire Hathaway Inc. |
6.55%
26,404
|
$10,741,147,000 | 1.86% |
| NVIDIA Corp |
750.10%
84,933
|
$10,492,634,000 | 1.82% |
| Broadcom Inc |
1.16%
6,404
|
$10,282,273,000 | 1.78% |
| Alphabet Inc |
2.10%
59,950
|
$10,930,156,000 | 1.89% |
| JPMorgan Chase & Co. |
1.39%
44,393
|
$8,979,000,000 | 1.55% |
| Walmart Inc |
0.80%
119,604
|
$8,098,372,000 | 1.40% |
| Vanguard Index Fds |
1.19%
33,806
|
$10,953,903,000 | 1.90% |
| Amazon.com Inc. |
0.21%
38,889
|
$7,515,299,000 | 1.30% |
| Palo Alto Networks Inc |
0.06%
22,094
|
$7,490,087,000 | 1.30% |
| Lockheed Martin Corp. |
0.38%
14,898
|
$6,958,870,000 | 1.20% |
| Ferguson Plc New |
1.83%
35,535
|
$6,881,282,000 | 1.19% |
| Duke Energy Corp. |
0.92%
67,765
|
$6,792,089,000 | 1.18% |
| Bunge Global SA |
0.46%
63,455
|
$6,775,082,000 | 1.17% |
| Unitedhealth Group Inc |
3.71%
13,051
|
$6,646,323,000 | 1.15% |
| Johnson & Johnson |
1.95%
44,844
|
$6,554,423,000 | 1.13% |
| Exxon Mobil Corp. |
7.42%
55,897
|
$6,434,884,000 | 1.11% |
| Devon Energy Corp. |
6.95%
133,339
|
$6,320,275,000 | 1.09% |
| Asml Holding N V |
1.28%
6,086
|
$6,224,403,000 | 1.08% |
| General Dynamics Corp. |
0.69%
20,165
|
$5,850,728,000 | 1.01% |
| Bristol-Myers Squibb Co. |
Closed
107,340
|
$5,821,036,000 | |
| Realty Income Corp. |
0.41%
104,783
|
$5,534,638,000 | 0.96% |
| Home Depot, Inc. |
2.58%
15,768
|
$5,428,035,000 | 0.94% |
| Intuit Inc |
4.28%
7,989
|
$5,250,766,000 | 0.91% |
| Abbvie Inc |
3.23%
30,602
|
$5,248,881,000 | 0.91% |
| Visa Inc |
0.07%
19,471
|
$5,110,667,000 | 0.88% |
| United Parcel Service, Inc. |
3.87%
36,104
|
$4,940,782,000 | 0.85% |
| Dow Inc |
1.55%
83,702
|
$4,440,376,000 | 0.77% |
| WestRock Co |
16.84%
85,281
|
$4,286,207,000 | 0.74% |
| CRH Plc |
Opened
55,995
|
$4,198,505,000 | 0.73% |
| Adobe Inc |
7.65%
7,427
|
$4,125,996,000 | 0.71% |
| Intuitive Surgical Inc |
0.85%
8,620
|
$3,834,607,000 | 0.66% |
| Danaher Corp. |
4.35%
14,741
|
$3,682,974,000 | 0.64% |
| Oreilly Automotive Inc |
3.03%
3,437
|
$3,629,678,000 | 0.63% |
| Grainger W W Inc |
1.30%
3,942
|
$3,556,217,000 | 0.62% |
| Brookfield Asset Managmt Ltd |
3.76%
93,410
|
$3,554,248,000 | 0.62% |
| Salesforce Inc |
3.03%
13,063
|
$3,358,419,000 | 0.58% |
| Insteel Inds Inc |
No change
105,876
|
$3,277,921,000 | 0.57% |
| ServiceNow Inc |
3.09%
3,840
|
$3,020,813,000 | 0.52% |
| Kinsale Cap Group Inc |
7.53%
7,330
|
$2,824,081,000 | 0.49% |
| Atlantic Un Bankshares Corp |
0.34%
66,265
|
$2,176,813,000 | 0.38% |
| Litman Gregory Fds Tr |
106.18%
69,815
|
$2,098,627,000 | 0.36% |
| Spdr S&p 500 Etf Tr |
6.42%
3,782
|
$2,058,438,000 | 0.36% |
| Vanguard Tax-managed Fds |
1.39%
38,919
|
$1,923,384,000 | 0.33% |
| Spdr Ser Tr |
36.16%
24,100
|
$2,401,576,000 | 0.42% |
| Netflix Inc. |
0.36%
2,756
|
$1,859,969,000 | 0.32% |
| Albemarle Corp. |
29.56%
17,146
|
$1,637,749,000 | 0.28% |
| Eli Lilly & Co |
1.33%
1,778
|
$1,610,052,000 | 0.28% |
| Goldman Sachs Etf Tr |
210.34%
13,928
|
$1,393,878,000 | 0.24% |
| Capital One Finl Corp |
6.20%
10,008
|
$1,385,595,000 | 0.24% |
| Chevron Corp. |
8.88%
8,832
|
$1,381,437,000 | 0.24% |
| EA Series Trust |
No change
36,520
|
$1,350,144,000 | 0.23% |
| Proshares Tr |
No change
26,930
|
$2,030,897,000 | 0.35% |
| Vanguard Intl Equity Index F |
3.31%
32,160
|
$1,304,731,000 | 0.23% |
| Spdr Index Shs Fds |
1.43%
43,286
|
$1,538,801,000 | 0.27% |
| Novo-nordisk A S |
0.13%
7,764
|
$1,108,278,000 | 0.19% |
| Pnc Finl Svcs Group Inc |
17.00%
7,022
|
$1,091,858,000 | 0.19% |
| Spdr Gold Tr |
60.53%
4,551
|
$978,511,000 | 0.17% |
| Valero Energy Corp. |
No change
6,169
|
$967,017,000 | 0.17% |
| Cisco Sys Inc |
5.37%
19,561
|
$929,328,000 | 0.16% |
| Invesco Actvely Mngd Etc Fd |
134.72%
65,501
|
$920,288,000 | 0.16% |
| Mastercard Incorporated |
0.25%
1,997
|
$880,786,000 | 0.15% |
| Vanguard Specialized Funds |
18.25%
4,626
|
$844,441,000 | 0.15% |
| Pfizer Inc. |
31.28%
26,558
|
$743,094,000 | 0.13% |
| Ares Capital Corp |
No change
34,367
|
$716,198,000 | 0.12% |
| Truist Finl Corp |
0.30%
17,272
|
$671,034,000 | 0.12% |
| DuPont de Nemours Inc |
0.07%
8,107
|
$652,514,000 | 0.11% |
| Mondelez International Inc. |
6.75%
9,361
|
$612,584,000 | 0.11% |
| Dominion Energy Inc |
25.58%
12,110
|
$593,405,000 | 0.10% |
| GSK Plc |
No change
14,573
|
$561,061,000 | 0.10% |
| Novartis AG |
No change
5,184
|
$551,854,000 | 0.10% |
| Costco Whsl Corp New |
1.63%
622
|
$528,694,000 | 0.09% |
| Caterpillar Inc. |
28.86%
1,554
|
$517,596,000 | 0.09% |
| Armada Hoffler Pptys Inc |
No change
46,326
|
$513,755,000 | 0.09% |
| Spdr S&p Midcap 400 Etf Tr |
No change
938
|
$501,905,000 | 0.09% |
| Smartsheet Inc |
No change
10,995
|
$484,660,000 | 0.08% |
| Conocophillips |
0.46%
4,185
|
$478,722,000 | 0.08% |
| Calamos Strategic Total Retu |
No change
28,400
|
$478,256,000 | 0.08% |
| Nucor Corp. |
No change
3,000
|
$474,240,000 | 0.08% |
| Coca-Cola Co |
4.31%
7,423
|
$472,462,000 | 0.08% |
| Global X Fds |
Opened
12,014
|
$466,244,000 | 0.08% |
| Procter And Gamble Co |
6.57%
2,808
|
$463,046,000 | 0.08% |
| CSX Corp. |
8.53%
13,002
|
$434,904,000 | 0.08% |
| RTX Corp |
13.79%
4,166
|
$418,242,000 | 0.07% |
| Colgate-Palmolive Co. |
4.64%
4,282
|
$415,525,000 | 0.07% |
| Grab Holdings Limited |
No change
109,662
|
$389,300,000 | 0.07% |
| Ishares Inc |
28.23%
6,507
|
$385,203,000 | 0.07% |
| Sun Cmntys Inc |
0.31%
3,197
|
$384,738,000 | 0.07% |
| Vanguard World Fd |
No change
645
|
$372,017,000 | 0.06% |
| Ameriprise Finl Inc |
0.35%
850
|
$363,173,000 | 0.06% |
| Phillips 66 |
5.33%
2,550
|
$359,991,000 | 0.06% |
| Ishares Tr |
Opened
5,371
|
$351,425,000 | 0.06% |
| Vanguard Scottsdale Fds |
Opened
6,022
|
$349,216,000 | 0.06% |
| General Mtrs Co |
0.20%
7,479
|
$347,481,000 | 0.06% |
| Elevance Health Inc |
0.33%
616
|
$333,786,000 | 0.06% |
| Corteva Inc |
0.30%
6,027
|
$325,082,000 | 0.06% |
| Lowes Cos Inc |
0.27%
1,462
|
$322,282,000 | 0.06% |
| Norfolk Southn Corp |
0.34%
1,469
|
$315,428,000 | 0.05% |
| Martin Marietta Matls Inc |
26.11%
580
|
$314,244,000 | 0.05% |
| Union Pac Corp |
Closed
1,218
|
$299,624,000 | |
| Mcdonalds Corp |
No change
1,137
|
$289,808,000 | 0.05% |
| Astrazeneca plc |
No change
3,599
|
$280,686,000 | 0.05% |
| Pepsico Inc |
26.72%
1,660
|
$273,714,000 | 0.05% |
| Tesla Inc |
Opened
1,372
|
$271,491,000 | 0.05% |
| Pioneer Nat Res Co |
Closed
1,000
|
$262,500,000 | |
| United Bankshares Inc West V |
0.07%
8,055
|
$261,314,000 | 0.05% |
| Enterprise Prods Partners L |
21.83%
8,668
|
$251,212,000 | 0.04% |
| Nushares Etf Tr |
1.06%
11,470
|
$250,275,000 | 0.04% |
| Block Inc |
Closed
2,866
|
$242,406,000 | |
| Nuveen Virginia Qlty Muncpl |
Opened
20,792
|
$239,108,000 | 0.04% |
| Intel Corp. |
Closed
5,396
|
$238,339,000 | |
| Consolidated Edison, Inc. |
0.08%
2,589
|
$231,509,000 | 0.04% |
| Blackrock Income Tr Inc |
Opened
19,332
|
$230,631,000 | 0.04% |
| Target Corp |
Closed
1,298
|
$230,087,000 | |
| Oracle Corp. |
Opened
1,611
|
$227,469,000 | 0.04% |
| Meta Platforms Inc |
Opened
449
|
$226,618,000 | 0.04% |
| Palantir Technologies Inc. |
Opened
8,298
|
$210,188,000 | 0.04% |
| S&P Global Inc |
Opened
469
|
$209,174,000 | 0.04% |
| Ulta Beauty Inc |
Closed
395
|
$206,538,000 | |
| Vanguard Index Fds |
Closed
1,258
|
$204,843,000 | |
| Ppg Inds Inc |
Closed
1,397
|
$202,496,000 | |
| Xylem Inc |
Opened
1,480
|
$200,732,000 | 0.03% |
| Nushares Etf Tr |
Opened
2,473
|
$200,709,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 130 holdings | |||
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