Carmel Capital Management L.L.C. Long-Term Concentrated

Name: Carmel Capital Management L.L.C. Q3 2026 13F Filing | 13F Explorer
Creator: Carmel Capital Management L.L.C.
Published: 2026-10-30

Location: Carmel, CA

CIK: 0001878547 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Oct 30, 2026

Total Value: $425M (100.0% shares, 0.0% debt)

Holdings (31)

New Positions (3)

MLI MUELLER INDS INC 2.3%

Value $9.937M Shares 163,950 Share Price $60.61 Est. Cost/Share $62.31 Unrealized @ Report Date -2.7%

GNRC GENERAC HLDGS INC 2.0%

Value $8.309M Shares 40,150 Share Price $206.95 Est. Cost/Share $207.81 Unrealized @ Report Date -0.4%

J JACOBS SOLUTIONS INC 1.9%

Value $8.056M Shares 59,558 Share Price $135.27 Est. Cost/Share $139.80 Unrealized @ Report Date -3.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MLI	MUELLER INDS INC	163,950	$9.937M	2.3%	$60.61	$62.31	-2.7%	COM	624756102
GNRC	GENERAC HLDGS INC	40,150	$8.309M	2.0%	$206.95	$207.81	-0.4%	COM	368736104
J	JACOBS SOLUTIONS INC	59,558	$8.056M	1.9%	$135.27	$139.80	-3.2%	COM	46982L108

Decreased Positions (2)

KLAC KLA CORP 3.5%

Value $14.87M (-43.4%) Shares 76,290 (-12.3%) Share Price $194.93 Est. Cost/Share $1347.72 Unrealized @ Report Date -85.5%

VLO VALERO ENERGY CORP 5.2%

Value $22.29M (+29.8%) Shares 57,498 (-12.8%) Share Price $387.61 Est. Cost/Share $113.68 Unrealized @ Report Date +241.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
KLAC	KLA CORP	76,290 (-12.3%)	$14.87M (-43.4%)	3.5%	$194.93	$1347.72	-85.5%	COM NEW	482480100
VLO	VALERO ENERGY CORP	57,498 (-12.8%)	$22.29M (+29.8%)	5.2%	$387.61	$113.68	+241.0%	COM	91913Y100

Unchanged Positions (26)

AMAT APPLIED MATLS INC 9.5%

Value $40.36M Shares 78,933 Share Price $511.38 Est. Cost/Share $138.63 Unrealized @ Report Date +268.9%

VST VISTRA CORP 8.3%

Value $35.35M Shares 255,522 Share Price $138.35 Est. Cost/Share $25.57 Unrealized @ Report Date +441.0%

GTX GARRETT MOTION INC 2.9%

Value $12.54M Shares 481,650 Share Price $26.03 Est. Cost/Share $21.83 Unrealized @ Report Date +19.2%

AVGO BROADCOM INC 11.6%

Value $49.29M Shares 140,349 Share Price $351.19 Est. Cost/Share $147.25 Unrealized @ Report Date +138.5%

ENS ENERSYS 3.2%

Value $13.54M Shares 73,760 Share Price $183.53 Est. Cost/Share $91.00 Unrealized @ Report Date +101.7%

RBC RBC BEARINGS INC 2.9%

Value $12.29M Shares 24,625 Share Price $499.23 Est. Cost/Share $278.28 Unrealized @ Report Date +79.4%

TER TERADYNE INC 3.9%

Value $16.8M Shares 41,902 Share Price $400.91 Est. Cost/Share $132.63 Unrealized @ Report Date +202.3%

NXPI NXP SEMICONDUCTORS N V 3.7%

Value $15.61M Shares 65,702 Share Price $237.53 Est. Cost/Share $197.65 Unrealized @ Report Date +20.2%

ASML ASML HLDG NV 5.9%

Value $25.2M Shares 13,909 Share Price $1811.67 Est. Cost/Share $772.73 Unrealized @ Report Date +134.5%

AAPL APPLE INC 3.9%

Value $16.45M Shares 49,387 Share Price $333.02 Est. Cost/Share $154.61 Unrealized @ Report Date +115.4%

C CITIGROUP INC 5.4%

Value $22.95M Shares 177,259 Share Price $129.48 Est. Cost/Share $58.32 Unrealized @ Report Date +122.0%

RSPN INVESCO EXCHANGE TRADED FD T 2.4%

Value $10.05M Shares 173,445 Share Price $57.92 Est. Cost/Share $40.33 Unrealized @ Report Date +43.6%

AZO AUTOZONE INC 1.7%

Value $7.075M Shares 2,500 Share Price $2830.02 Est. Cost/Share $1925.17 Unrealized @ Report Date +47.0%

EWBC EAST WEST BANCORP INC 3.7%

Value $15.57M Shares 125,646 Share Price $123.93 Est. Cost/Share $68.19 Unrealized @ Report Date +81.7%

ROBO EXCHANGE TRADED CONCEPTS TRU 1.9%

Value $8.085M Shares 100,490 Share Price $80.46 Est. Cost/Share $65.19 Unrealized @ Report Date +23.4%

IBN ICICI BK LTD 1.8%

Value $7.453M Shares 270,525 Share Price $27.55 Est. Cost/Share $28.82 Unrealized @ Report Date -4.4%

RTX RTX CORPORATION 3.5%

Value $14.9M Shares 80,251 Share Price $185.65 Est. Cost/Share $81.70 Unrealized @ Report Date +127.2%

MSFT MICROSOFT CORP 0.2%

Value $1.046M Shares 2,039 Share Price $512.90 Est. Cost/Share $315.17 Unrealized @ Report Date +62.7%

SMH VANECK ETF TRUST 0.7%

Value $3.001M Shares 4,927 Share Price $609.00 Est. Cost/Share $140.05 Unrealized @ Report Date +334.8%

JPM JPMORGAN CHASE & CO 4.8%

Value $20.46M Shares 61,837 Share Price $330.83 Est. Cost/Share $147.32 Unrealized @ Report Date +124.6%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.9%

Value $12.52M Shares 25,142 Share Price $497.95 Est. Cost/Share $309.01 Unrealized @ Report Date +61.1%

SCHA SCHWAB STRATEGIC TR 0.0%

Value $211K Shares 6,456 Share Price $32.63 Est. Cost/Share $33.05 Unrealized @ Report Date -1.3%

EMR EMERSON ELEC CO 0.1%

Value $233K Shares 1,500 Share Price $155.10 Est. Cost/Share $140.76 Unrealized @ Report Date +10.2%

TXN TEXAS INSTRS INC 0.1%

Value $233K Shares 831 Share Price $280.09 Est. Cost/Share $277.43 Unrealized @ Report Date +1.0%

GLD SPDR GOLD TR 0.1%

Value $427K Shares 1,120 Share Price $380.84 Est. Cost/Share $210.60 Unrealized @ Report Date +80.8%

SCHX SCHWAB STRATEGIC TR 0.1%

Value $216K Shares 7,200 Share Price $30.00 Est. Cost/Share $28.56 Unrealized @ Report Date +5.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AMAT	APPLIED MATLS INC	78,933	$40.36M	9.5%	$511.38	$138.63	+268.9%	COM	038222105
VST	VISTRA CORP	255,522	$35.35M	8.3%	$138.35	$25.57	+441.0%	COM	92840M102
GTX	GARRETT MOTION INC	481,650	$12.54M	2.9%	$26.03	$21.83	+19.2%	COM	366505105
AVGO	BROADCOM INC	140,349	$49.29M	11.6%	$351.19	$147.25	+138.5%	COM	11135F101
ENS	ENERSYS	73,760	$13.54M	3.2%	$183.53	$91.00	+101.7%	COM	29275Y102
RBC	RBC BEARINGS INC	24,625	$12.29M	2.9%	$499.23	$278.28	+79.4%	COM	75524B104
TER	TERADYNE INC	41,902	$16.8M	3.9%	$400.91	$132.63	+202.3%	COM	880770102
NXPI	NXP SEMICONDUCTORS N V	65,702	$15.61M	3.7%	$237.53	$197.65	+20.2%	COM	N6596X109
ASML	ASML HLDG NV	13,909	$25.2M	5.9%	$1811.67	$772.73	+134.5%	N Y REGISTRY SHS	N07059210
AAPL	APPLE INC	49,387	$16.45M	3.9%	$333.02	$154.61	+115.4%	COM	037833100
C	CITIGROUP INC	177,259	$22.95M	5.4%	$129.48	$58.32	+122.0%	COM NEW	172967424
RSPN	INVESCO EXCHANGE TRADED FD T	173,445	$10.05M	2.4%	$57.92	$40.33	+43.6%	S&P500 EQL IND	46137V324
AZO	AUTOZONE INC	2,500	$7.075M	1.7%	$2830.02	$1925.17	+47.0%	COM	053332102
EWBC	EAST WEST BANCORP INC	125,646	$15.57M	3.7%	$123.93	$68.19	+81.7%	COM	27579R104
ROBO	EXCHANGE TRADED CONCEPTS TRU	100,490	$8.085M	1.9%	$80.46	$65.19	+23.4%	ROBO GLB ETF	301505707
IBN	ICICI BK LTD	270,525	$7.453M	1.8%	$27.55	$28.82	-4.4%	ADR	45104G104
RTX	RTX CORPORATION	80,251	$14.9M	3.5%	$185.65	$81.70	+127.2%	COM	75513E101
MSFT	MICROSOFT CORP	2,039	$1.046M	0.2%	$512.90	$315.17	+62.7%	COM	594918104
SMH	VANECK ETF TRUST	4,927	$3.001M	0.7%	$609.00	$140.05	+334.8%	SEMICONDUCTR ETF	92189F676
JPM	JPMORGAN CHASE & CO	61,837	$20.46M	4.8%	$330.83	$147.32	+124.6%	COM	46625H100
BRK/B	BERKSHIRE HATHAWAY INC DEL	25,142	$12.52M	2.9%	$497.95	$309.01	+61.1%	CL B NEW	084670702
SCHA	SCHWAB STRATEGIC TR	6,456	$211K	0.0%	$32.63	$33.05	-1.3%	US SML CAP ETF	808524607
EMR	EMERSON ELEC CO	1,500	$233K	0.1%	$155.10	$140.76	+10.2%	COM	291011104
TXN	TEXAS INSTRS INC	831	$233K	0.1%	$280.09	$277.43	+1.0%	COM	882508104
GLD	SPDR GOLD TR	1,120	$427K	0.1%	$380.84	$210.60	+80.8%	GOLD SHS	78463V107
SCHX	SCHWAB STRATEGIC TR	7,200	$216K	0.1%	$30.00	$28.56	+5.1%	US LRG CAP ETF	808524201