Maryland Capital Management

CIK

1356643

Location

BALTIMORE, MD

Portfolio Value

Mid $1,043,925,672

Diversification

Diversified

Filing Date

Global Rank

#1,168 / 6,688 ▲ 2

Top Industry

Credit Services 7.2%

3Y Alpha vs SPY

-8.3%

Period ended 3 years ago

Filed Nov 14, 2022 · 3y

11 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+42.9%

SPY

+76.8%

Annualised alpha

-8.3%

Max drawdown

−18.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

147 positions · as of Sep 30, 2022 · Δ vs Jun 30, 2022

Top Position

7.0%

+0.2 pts

Top 5

27.5%

−0.4 pts

Top 10

42.7%

+0.8 pts

HHI

270

Diversified−1

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2022

Sector	% Portfolio	Value	Positions
Technology	25.6%	$267,309,489	28
Healthcare	21.5%	$224,407,293	23
Financial Services	12.7%	$132,534,729	20
Consumer Cyclical	11.4%	$118,715,852	14
Communication Services	7.3%	$76,329,746	8
Consumer Defensive	6.7%	$69,655,723	13
Industrials	5.7%	$59,290,826	21
Utilities	2.8%	$29,416,850	6
Energy	2.5%	$26,057,324	4
Real Estate	2.0%	$21,292,547	4
Unclassified	1.8%	$18,915,293	6

Last Quarter's Activity

Export CSV

Sep 30, 2022 vs Jun 30, 2022

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	+349,396	367,919	$35,191,452
BAC	Bank Of America Corp /De/	+47,878	335,386	$10,128,657
KMI	Kinder Morgan, Inc.	+30,939	293,094	$4,877,084
AMZN	Amazon Com Inc	+27,889	481,042	$54,357,746
CVS	CVS HEALTH Corp	+19,517	139,522	$13,306,212
IBM	International Business Machines Corp	+9,946	39,109	$4,646,540
MRK	Merck & Co., Inc.	+9,047	112,477	$9,686,519
SYY	Sysco Corp	+8,795	96,960	$6,856,040
CVX	Chevron Corp	+8,640	102,366	$14,706,922
V	Visa Inc.	+7,479	65,289	$11,598,590
WELL	Welltower Inc.	+4,779	119,466	$7,684,052
EMR	Emerson Electric Co	+4,239	126,513	$9,263,281
JNJ	Johnson & Johnson	+3,157	80,314	$13,120,094
AMGN	Amgen Inc	+2,500	5,796	$1,306,418
LMT	Lockheed Martin Corp	+2,353	30,093	$11,624,624
MCD	Mcdonalds Corp	+2,221	55,735	$12,860,293
GLW	Corning Inc /Ny	+2,151	170,488	$4,947,560
TSLA	Tesla, Inc.	+2,147	3,187	$845,351
FISV	Fiserv Inc	+1,725	6,585	$616,158
CSCO	Cisco Systems, Inc.	+1,596	166,724	$6,668,960
XOM	Exxon Mobil Corp	+1,479	66,878	$5,839,118
DUK	Duke Energy CORP	+1,271	118,333	$11,007,334
PAYX	Paychex Inc	+1,070	63,059	$7,075,849
DLR	Digital Realty Trust, Inc.	+883	48,834	$4,843,355
CRM	Salesforce, Inc.	+822	123,944	$17,828,104
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
JPM	Jpmorgan Chase & Co	−46,385	90,885	$9,497,482
CMCSA	Comcast Corp	−39,856	26,036	$715,685
MNST	Monster Beverage Corp	−16,809	270,115	$11,744,599
TFC	Truist Financial Corp	−16,017	151,006	$6,574,800
META	Meta Platforms, Inc.	−10,827	91,940	$12,474,419
MMM	3M Co	−7,135	3,785	$349,701
PYPL	PayPal Holdings, Inc.	−6,710	211,395	$18,194,767
INTC	Intel Corp	−6,550	31,001	$798,895
UNH	Unitedhealth Group Inc	−5,799	104,026	$52,537,290
ABT	Abbott Laboratories	−4,330	185,019	$17,902,437
TREX	Trex Co Inc	−4,018	320,513	$14,083,341
EPAM	EPAM Systems, Inc.	−3,852	90,580	$32,807,170
DIS	Walt Disney Co	−3,277	169,093	$15,950,542
FIVE	Five Below, Inc	−3,160	221,127	$30,442,553
VZ	Verizon Communications Inc	−2,912	279,477	$10,611,741
EW	Edwards Lifesciences Corp	−2,807	281,700	$23,276,870
NVDA	Nvidia Corp	−2,655	11,065	$134,318
KTOS	Kratos Defense & Security Solutions, Inc.	−2,500	15,275	$155,194
GNRC	Generac Holdings Inc.	−2,451	72,906	$12,987,474
T	At&T Inc.	−2,402	13,250	$203,255
MSFT	Microsoft Corp	−2,203	274,004	$63,815,531
PAYC	Paycom Software, Inc.	−1,667	64,199	$21,185,028
IQV	Iqvia Holdings Inc.	−1,425	199,750	$36,182,715
TTD	Trade Desk, Inc.	−1,270	19,142	$1,143,734
MA	Mastercard Inc	−1,171	153,692	$43,700,783
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
ELV	Elevance Health, Inc.	10,361	$4,706,380
ADP	Automatic Data Processing Inc	1,359	$307,392
WTRG	Essential Utilities, Inc.	6,951	$287,632
FDX	Fedex Corp	1,608	$238,739
XPEL	XPEL, Inc.	3,542	$228,246
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
SITM	SITIME Corp	1,668	$271,934
SMTC	Semtech Corp	4,937	$271,386
YUM	Yum Brands Inc	2,075	$235,533
MDT	Medtronic plc	2,612	$234,427
IAU	Ishares Gold Trust	6,689	$229,499
MBUU	Malibu Boats, Inc.	4,098	$216,005
WING	Wingstop Inc.	2,862	$213,991
TSM	Taiwan Semiconductor Manufacturing Co Ltd	2,609	$213,285
RPD	Rapid7, Inc.	3,126	$208,816
PPG	Ppg Industries Inc	1,764	$201,695
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

147 positions · $1,043,925,672 total · as of Sep 30, 2022

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 51–100 of 147 positions by value · page 2 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AXON	Axon Enterprise, Inc. Industrials	Held	4,697	0	$543,677	+24.2%	0.05%
FN	Fabrinet Technology	Held	5,711	0	$545,114	+17.7%	0.05%
ACN	Accenture plc Technology	Added	2,138	+431	$550,107	+16.1%	0.05%
ACGL	Arch Capital Group Ltd. Financial Services	Held	12,100	0	$551,034	+0.1%	0.05%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	1,155	+485	$585,804	+60.9%	0.06%
ETN	Eaton Corp plc Industrials	Reduced	4,402	-25	$587,050	+5.3%	0.06%
SYK	Stryker Corp Healthcare	Reduced	3,010	-20	$609,645	+1.1%	0.06%
FISV	Fiserv Inc	Added	6,585	+1,725	$616,158	+42.5%	0.06%
COP	Conocophillips Energy	Reduced	6,197	-206	$634,200	+10.3%	0.06%
AVGO	Broadcom Inc. Technology	Added	14,355	+13	$637,376	−8.5%	0.06%
UPS	United Parcel Service Inc Industrials	Added	4,163	+191	$672,491	−7.2%	0.06%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	9,815	-50	$689,503	−12.8%	0.07%
WMT	Walmart Inc. Consumer Defensive	Reduced	15,956	-346	$689,830	+4.4%	0.07%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	11,466	+42	$712,267	+11.6%	0.07%
D	Dominion Energy, Inc Utilities	Reduced	10,334	-190	$714,182	−15.0%	0.07%
CMCSA	Comcast Corp Communication Services	Reduced	26,036	-39,856	$715,685	−70.5%	0.07%
GS	Goldman Sachs Group Inc Financial Services	Added	2,455	+65	$719,437	+1.3%	0.07%
RTX	RTX Corp Industrials	Reduced	9,154	-226	$749,346	−16.9%	0.07%
QLYS	Qualys, Inc. Technology	Reduced	5,479	-25	$763,717	+10.0%	0.07%
INTC	Intel Corp Technology	Reduced	31,001	-6,550	$798,895	−43.1%	0.08%
MKC	Mccormick & Co Inc Consumer Defensive	Held	11,387	0	$811,551	−14.4%	0.08%
CSX	Csx Corp Industrials	Held	30,689	0	$817,554	−8.3%	0.08%
TSLA	Tesla, Inc. Consumer Cyclical	Added	3,187	+2,147	$845,351	+262.1%	0.08%
UNP	Union Pacific Corp Industrials	Held	4,608	0	$897,730	−8.7%	0.09%
ADI	Analog Devices Inc Technology	Reduced	6,610	-1,100	$921,037	−18.2%	0.09%
ORCL	Oracle Corp Technology	Held	16,751	0	$1,022,983	−12.6%	0.10%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	5,540	-350	$1,040,467	+1.1%	0.10%
BX	Blackstone Inc. Financial Services	Added	12,514	+531	$1,047,421	−4.2%	0.10%
TXN	Texas Instruments Inc Technology	Reduced	6,951	-626	$1,075,875	−7.6%	0.10%
TTD	Trade Desk, Inc. Communication Services	Reduced	19,142	-1,270	$1,143,734	+33.8%	0.11%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	13,620	-76	$1,147,621	+9.7%	0.11%
AMGN	Amgen Inc Healthcare	Added	5,796	+2,500	$1,306,418	+62.9%	0.13%
MDY	Spdr S&P Midcap 400 ETF Trust	Reduced	3,590	-75	$1,441,959	−4.8%	0.14%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	3,509	-22	$1,657,195	−2.1%	0.16%
GLD	Spdr Gold Trust	Held	10,900	0	$1,685,903	−8.2%	0.16%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	6,935	-448	$1,851,783	−8.1%	0.18%
DHR	Danaher Corp /De/ Healthcare	Added	8,992	+50	$2,058,992	+2.5%	0.20%
LLY	ELI LILLY & Co Healthcare	Added	9,694	+80	$3,134,554	+0.6%	0.30%
ITW	Illinois Tool Works Inc Industrials	Reduced	22,095	-844	$3,991,461	−4.5%	0.38%
APO	Apollo Global Management, Inc. Financial Services	Added	93,681	+803	$4,356,166	−3.3%	0.42%
IBM	International Business Machines Corp Technology	Added	39,109	+9,946	$4,646,540	+12.8%	0.45%
ELV	Elevance Health, Inc. Healthcare	NEW	10,361	NEW	$4,706,380	NEW	0.45%
DLR	Digital Realty Trust, Inc. Real Estate	Added	48,834	+883	$4,843,355	−22.2%	0.46%
KMI	Kinder Morgan, Inc. Energy	Added	293,094	+30,939	$4,877,084	+11.0%	0.47%
GLW	Corning Inc /Ny Technology	Added	170,488	+2,151	$4,947,560	−6.7%	0.47%
XOM	Exxon Mobil Corp Energy	Added	66,878	+1,479	$5,839,118	+4.3%	0.56%
QQQ	Invesco Qqq Trust, Series 1	Reduced	22,725	-542	$6,073,483	−6.9%	0.58%
TFC	Truist Financial Corp Financial Services	Reduced	151,006	-16,017	$6,574,800	−17.0%	0.63%
CSCO	Cisco Systems, Inc. Technology	Added	166,724	+1,596	$6,668,960	−5.3%	0.64%
NEE	Nextera Energy Inc Utilities	Added	85,490	+784	$6,703,270	+2.2%	0.64%