Capital Management Associates, Inc

CIK

2008851

Location

MINNEAPOLIS, MN

Portfolio Value

Small $228,787,111

Diversification

Diversified

Filing Date

Global Rank

#3,921 / 8,605 ▲ 83 · as of Mar 2026

Top Industry

Consumer Electronics 15.2%

3Y Alpha vs SPY

+0.0%

Period ended 3 months ago

Filed Apr 23, 2026 · 3mo

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jul 2026 · vs SPY

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

Cloned portfolio

+52.4%

SPY

+53.6%

Annualised alpha

-0.4%

Max drawdown

−14.1%

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

86 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

29.5%

+2.2 pts

Top 5

60.0%

+1.9 pts

Top 10

73.7%

−0.0 pts

HHI

1,176

Diversified+104

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	60.0%	$137,197,557	8
Technology	11.8%	$27,044,625	15
Industrials	6.8%	$15,450,446	13
Healthcare	4.8%	$10,927,512	11
Financial Services	3.7%	$8,473,361	10
Consumer Defensive	3.5%	$7,904,734	7
Utilities	2.6%	$5,932,955	3
Consumer Cyclical	2.3%	$5,324,406	6
Communication Services	1.8%	$4,231,689	5
Real Estate	1.5%	$3,422,158	3
Basic Materials	0.8%	$1,760,086	2
Energy	0.5%	$1,117,582	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	+9,707	103,708	$67,445,460
DIA	Spdr Dow Jones Industrial Average ETF Trust	+2,731	29,008	$13,436,215
MRK	Merck & Co., Inc.	+998	14,778	$1,777,645
WMT	Walmart Inc.	+987	5,125	$636,934
GOOGL	Alphabet Inc.	+985	5,407	$1,554,836
BRK-B	Berkshire Hathaway Inc	+843	9,729	$4,662,136
JPM	Jpmorgan Chase & Co	+567	3,262	$959,549
MSFT	Microsoft Corp	+432	10,315	$3,818,303
XEL	Xcel Energy Inc	+397	63,998	$5,084,001
CVX	Chevron Corp	+363	2,204	$456,007
T	At&T Inc.	+354	9,591	$278,042
ORCL	Oracle Corp	+352	20,284	$2,983,979
CMG	Chipotle Mexican Grill Inc	+336	8,006	$256,272
NVDA	Nvidia Corp	+304	9,459	$1,649,649
UNH	Unitedhealth Group Inc	+274	6,761	$1,829,458
TSLA	Tesla, Inc.	+209	868	$322,679
SCHW	Schwab Charles Corp	+202	3,809	$357,969
PSA	Public Storage	+173	8,093	$2,192,231
AMZN	Amazon Com Inc	+142	10,344	$2,154,344
CAT	Caterpillar Inc	+136	7,234	$5,124,999
CSCO	Cisco Systems, Inc.	+111	5,591	$433,804
META	Meta Platforms, Inc.	+82	3,477	$1,989,296
QQQ	Invesco Qqq Trust, Series 1	+68	39,668	$22,895,576
LOW	Lowes Companies Inc	+65	991	$234,153
IBM	International Business Machines Corp	+40	1,487	$360,433
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GIS	General Mills Inc	−113,620	130,522	$4,858,028
SIVR	abrdn Silver ETF Trust	−32,675	273,022	$19,551,105
SGOL	abrdn Gold ETF Trust	−21,720	262,533	$11,714,222
NNN	Nnn REIT, Inc.	−10,837	23,870	$1,003,256
DAL	Delta Air Lines, Inc.	−10,152	6,428	$427,333
FSK	FS KKR Capital Corp	−5,125	15,017	$152,873
PG	PROCTER & GAMBLE Co	−1,000	3,478	$502,361
GLDM	World Gold Trust	−714	14,533	$1,347,063
BMY	Bristol Myers Squibb Co	−641	3,803	$230,651
USB	US Bancorp De	−620	11,662	$606,540
SLV	iShares Silver Trust	−588	5,062	$344,924
AMAT	Applied Materials Inc /De	−454	2,290	$782,699
KMB	Kimberly Clark Corp	−452	7,003	$675,579
MDT	Medtronic plc	−449	5,540	$480,041
KO	Coca Cola Co	−439	3,573	$271,726
WM	Waste Management Inc	−376	2,143	$492,439
VZ	Verizon Communications Inc	−367	6,325	$317,515
MMM	3M Co	−366	12,942	$1,879,565
JBL	Jabil Inc	−257	870	$231,098
JNJ	Johnson & Johnson	−189	11,117	$2,717,439
XOM	ExxonMobil Holdings Corp	−162	2,548	$432,293
EMR	Emerson Electric Co	−106	11,296	$1,480,001
GGG	Graco Inc	−103	11,298	$956,375
PLTR	Palantir Technologies Inc.	−102	6,129	$896,550
GE	General Electric Co	−100	1,952	$553,919
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
SNDA	Sonida Senior Living, Inc.	26,434	$852,496
SNDK	Sandisk Corp	1,000	$635,340
TSM	Taiwan Semiconductor Manufacturing Co Ltd	1,686	$569,783
HON	Honeywell International Inc	1,046	$247,956
O	Realty Income Corp	3,705	$226,671
REGN	Regeneron Pharmaceuticals, Inc.	279	$215,566
ASX	ASE Technology Holding Co., Ltd.	9,642	$209,038
LHX	L3harris Technologies, Inc. /De/	594	$205,019
SNAP	Snap Inc	20,000	$92,000
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
AG	First Majestic Silver Corp	40,255	$670,648
MDLZ	Mondelez International, Inc.	10,939	$588,846
COF	Capital One Financial Corp	1,411	$341,969
ABBV	AbbVie Inc.	1,315	$300,464
FWRG	First Watch Restaurant Group, Inc.	18,217	$274,712
SOLV	Solventum Corp	2,971	$235,421
UAL	United Airlines Holdings, Inc.	2,000	$223,640
ANET	Arista Networks, Inc.	1,575	$206,372
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

86 positions · $228,787,111 total · as of Mar 31, 2026

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

Showing 1–50 of 86 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	103,708	+9,707	$67,445,460	+5.2%	29.48%
QQQ	Invesco Qqq Trust, Series 1	Added	39,668	+68	$22,895,576	−5.9%	10.01%
SIVR	abrdn Silver ETF Trust	Reduced	273,022	-32,675	$19,551,105	−5.4%	8.55%
AAPL	Apple Inc. Technology	Reduced	54,749	-49	$13,894,747	−6.7%	6.07%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	29,008	+2,731	$13,436,215	+6.4%	5.87%
SGOL	abrdn Gold ETF Trust	Reduced	262,533	-21,720	$11,714,222	+0.3%	5.12%
CAT	Caterpillar Inc Industrials	Added	7,234	+136	$5,124,999	+26.0%	2.24%
XEL	Xcel Energy Inc Utilities	Added	63,998	+397	$5,084,001	+8.2%	2.22%
GIS	General Mills Inc Consumer Defensive	Reduced	130,522	-113,620	$4,858,028	−57.2%	2.12%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	9,729	+843	$4,662,136	+4.4%	2.04%
MSFT	Microsoft Corp Technology	Added	10,315	+432	$3,818,303	−20.1%	1.67%
ORCL	Oracle Corp Technology	Added	20,284	+352	$2,983,979	−23.2%	1.30%
JNJ	Johnson & Johnson Healthcare	Reduced	11,117	-189	$2,717,439	+16.1%	1.19%
DE	Deere & Co Industrials	Added	4,685	+15	$2,639,060	+21.4%	1.15%
PSA	Public Storage Real Estate	Added	8,093	+173	$2,192,231	+6.7%	0.96%
AMZN	Amazon Com Inc Consumer Cyclical	Added	10,344	+142	$2,154,344	−8.5%	0.94%
META	Meta Platforms, Inc. Communication Services	Added	3,477	+82	$1,989,296	−11.2%	0.87%
MMM	3M Co Industrials	Reduced	12,942	-366	$1,879,565	−11.8%	0.82%
UNH	Unitedhealth Group Inc Healthcare	Added	6,761	+274	$1,829,458	−14.6%	0.80%
MRK	Merck & Co., Inc. Healthcare	Added	14,778	+998	$1,777,645	+22.6%	0.78%
NVDA	Nvidia Corp Technology	Added	9,459	+304	$1,649,649	−3.4%	0.72%
GOOGL	Alphabet Inc. Communication Services	Added	5,407	+985	$1,554,836	+12.3%	0.68%
EMR	Emerson Electric Co Industrials	Reduced	11,296	-106	$1,480,001	−2.2%	0.65%
ECL	Ecolab Inc. Basic Materials	Reduced	5,553	-8	$1,477,209	+1.2%	0.65%
DRI	Darden Restaurants Inc Consumer Cyclical	Added	7,075	+17	$1,386,983	+6.8%	0.61%
GLDM	World Gold Trust	Reduced	14,533	-714	$1,347,063	+3.5%	0.59%
DGX	Quest Diagnostics Inc Healthcare	Held	5,900	0	$1,156,282	+12.9%	0.51%
NNN	Nnn REIT, Inc. Real Estate	Reduced	23,870	-10,837	$1,003,256	−27.1%	0.44%
BSX	Boston Scientific Corp Healthcare	Held	15,654	0	$982,288	−34.2%	0.43%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	3,121	-54	$969,975	−0.0%	0.42%
JPM	Jpmorgan Chase & Co Financial Services	Added	3,262	+567	$959,549	+10.5%	0.42%
GGG	Graco Inc Industrials	Reduced	11,298	-103	$956,375	+2.3%	0.42%
PLTR	Palantir Technologies Inc. Technology	Reduced	6,129	-102	$896,550	−19.1%	0.39%
SNDA	Sonida Senior Living, Inc. Healthcare	NEW	26,434	NEW	$852,496	NEW	0.37%
AMAT	Applied Materials Inc /De Technology	Reduced	2,290	-454	$782,699	+11.0%	0.34%
KMB	Kimberly Clark Corp Consumer Defensive	Reduced	7,003	-452	$675,579	−10.2%	0.30%
WMT	Walmart Inc. Consumer Defensive	Added	5,125	+987	$636,934	+38.2%	0.28%
SNDK	Sandisk Corp Technology	NEW	1,000	NEW	$635,340	NEW	0.28%
USB	US Bancorp De Financial Services	Reduced	11,662	-620	$606,540	−7.5%	0.27%
TGT	Target Corp Consumer Defensive	Reduced	4,740	-14	$574,488	+23.6%	0.25%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	NEW	1,686	NEW	$569,783	NEW	0.25%
GE	General Electric Co Industrials	Reduced	1,952	-100	$553,919	−12.4%	0.24%
DUK	Duke Energy CORP Utilities	Reduced	4,147	-68	$543,008	+9.9%	0.24%
TTC	Toro Co Industrials	Held	5,681	0	$530,832	+18.7%	0.23%
MA	Mastercard Inc Financial Services	Added	1,023	+6	$511,152	−12.0%	0.22%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	3,478	-1,000	$502,361	−21.7%	0.22%
WM	Waste Management Inc Industrials	Reduced	2,143	-376	$492,439	−11.0%	0.22%
MDT	Medtronic plc Healthcare	Reduced	5,540	-449	$480,041	−16.6%	0.21%
GEV	GE Vernova Inc. Industrials	Reduced	546	-29	$476,603	+26.8%	0.21%
GLD	Spdr Gold Trust	Added	1,076	+20	$462,992	+10.6%	0.20%