Latest PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV Stock Portfolio

PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV Performance:

2025 Q4: 1.31%YTD: 11.11%2024: 3.8%

Performance for 2025 Q4 is 1.31%, and YTD is 11.11%, and 2024 is 3.8%.

About PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV reported an equity portfolio of $365.4 Millions as of 31 Dec, 2025.

The top stock holdings of PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV are AAPL, MSFT, IJR. The fund has invested 11.2% of it's portfolio in APPLE INC and 10.2% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off CHENIERE ENERGY INC (LNG), UNITEDHEALTH GROUP INC (UNH) and ADVISORS INNER CIRCLE FD III (RAYD) stocks. They significantly reduced their stock positions in ISHARES BITCOIN TRUST ETF, J P MORGAN EXCHANGE TRADED F (BBAX) and INVESCO EXCHANGE TRADED FD T (CSD). PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV opened new stock positions in GOLDMAN SACHS ETF TR (GBUY), VANGUARD MUN BD FDS (VTEB) and VANGUARD WELLINGTON FD (VFLQ). The fund showed a lot of confidence in some stocks as they added substantially to WEDBUSH SER TR, SELECT SECTOR SPDR TR (XLB) and SCHWAB STRATEGIC TR (FNDA).

PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV Annual Return Estimates Vs S&P 500

Our best estimate is that PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV made a return of 1.31% in the last quarter. In trailing 12 months, it's portfolio return was 11.11%.

Performance
S&P 500

New Buys

Ticker	$ Bought
goldman sachs etf tr	394,205
vanguard mun bd fds	387,523
vanguard wellington fd	387,204
vaneck bitcoin etf	363,976
pimco etf tr	291,045
capital group dividend value	230,201
spdr gold tr	229,463
advanced micro devices inc	204,309

New stocks bought by PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV

Additions

Ticker	% Inc.
wedbush ser tr	210
fidelity wise origin bitcoin	120
select sector spdr tr	100
select sector spdr tr	93.72
schwab strategic tr	81.31
broadcom inc	64.41
vanguard index fds	32.56
schwab strategic tr	24.56

Additions to existing portfolio by PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV

Reductions

Ticker	% Reduced
ishares bitcoin trust etf	-60.65
j p morgan exchange traded f	-52.74
vanguard instl index fd	-37.62
invesco exchange traded fd t	-32.14
j p morgan exchange traded f	-31.22
automatic data processing in	-28.77
j p morgan exchange traded f	-14.15
schwab strategic tr	-13.02

PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV reduced stake in above stock

Sold off

Ticker	$ Sold
advisors inner circle fd iii	-360,949
cheniere energy inc	-570,296
public svc enterprise grp in	-201,478
unitedhealth group inc	-487,909
palo alto networks inc	-225,611

PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV got rid off the above stocks

Sector Distribution

PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV has about 53.4% of it's holdings in Others sector.

Sector	%
Others	53.4
Technology	26.9
Consumer Cyclical	6.8
Healthcare	4
Financial Services	2.8
Communication Services	2.7
Basic Materials	1.2

Market Cap. Distribution

PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV has about 45.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	53.4
MEGA-CAP	39.8
LARGE-CAP	6.1

Stocks belong to which Index?

About 44.9% of the stocks held by PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	54.2
S&P 500	44.9

Top 5 Winners (%)		%
LLY	eli lilly & co	40.6 %
GOOG	alphabet inc	28.7 %
GOOG	alphabet inc	28.5 %
TMO	thermo fisher scientific inc	19.0 %
SYF	synchrony financial	17.4 %

Top 5 Winners ($)		$
AAPL	apple inc	2.6 M
GOOG	alphabet inc	1.5 M
LLY	eli lilly & co	1.3 M
AMZN	amazon com inc	1.0 M
JNJ	johnson & johnson	0.9 M

Top 5 Losers (%)		%
MSTR	strategy inc	-52.8 %
XLB	select sector spdr tr	-43.1 %
XLB	select sector spdr tr	-43.0 %
ORCL	oracle corp	-30.5 %
	fidelity wise origin bitcoin	-18.4 %

Top 5 Losers ($)		$
XLB	select sector spdr tr	-2.8 M
MSFT	microsoft corp	-2.7 M
MSTR	strategy inc	-0.6 M
VMC	vulcan matls co	-0.4 M
XLB	select sector spdr tr	-0.3 M

PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV

PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV has 110 stocks in it's portfolio. About 62.1% of the portfolio is in top 10 stocks. XLB proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV last quarter.

Last Reported on: 26 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	11.21	150,640	40,953,100	added	1.87

AAXJ	ishares tr	0.93	26,317	3,390,420	reduced	-0.13

AAXJ	ishares tr	0.18	21,590	668,426	unchanged	0.00

AAXJ	ishares tr	0.06	1,464	204,001	new

ACWF	ishares tr	0.06	3,269	226,901	unchanged	0.00

ADI	analog devices inc	0.39	5,200	1,410,240	reduced	-0.31

ADP	automatic data processing in	0.10	1,473	378,900	reduced	-28.77

AFK	vaneck etf trust	1.35	13,740	4,948,190	reduced	-4.51

AGNG	global x fds	0.06	8,948	202,404	reduced	-3.24

AGT	ishares tr	0.07	5,281	250,044	added	2.11

AMD	advanced micro devices inc	0.06	954	204,309	new

AMP	ameriprise finl inc	0.22	1,606	787,486	unchanged	0.00

AMZN	amazon com inc	5.51	87,280	20,146,000	added	0.11

AVGO	broadcom inc	0.19	2,019	698,776	added	64.41

BAC	bank america corp	0.11	7,022	386,210	reduced	-2.8

BAC	bank america corp	0.07	212	265,424	unchanged	0.00

BBAX	j p morgan exchange traded f	5.74	453,100	20,974,000	added	4.43

BBAX	j p morgan exchange traded f	0.47	33,891	1,714,520	reduced	-14.15

BBAX	j p morgan exchange traded f	0.46	32,650	1,663,190	reduced	-31.22

BBAX	j p morgan exchange traded f	0.20	12,478	714,252	reduced	-52.74