Latest Capital Management Associates, Inc Stock Portfolio

Capital Management Associates, Inc Performance:

2026 Q1: -2.82%YTD: -2.82%2025: 14.34%

Performance for 2026 Q1 is -2.82%, and YTD is -2.82%, and 2025 is 14.34%.

About Capital Management Associates, Inc and 13F Hedge Fund Stock Holdings

On 2026-04-23, the fund reported it's updated stock portfolio. In the 13F Holdings report, Capital Management Associates, Inc reported an equity portfolio of $442.3 Millions as of 31 Mar, 2026.

The top stock holdings of Capital Management Associates, Inc are SPY, FNDA, VB. The fund has invested 15.2% of it's portfolio in STATE STR SPDR S&P 500 ETF T and 10.1% of portfolio in SCHWAB STRATEGIC TR.

The fund managers got completely rid off FIRST MAJESTIC SILVER CORP (AG), MONDELEZ INTL INC (MDLZ) and ISHARES TR (ACWF) stocks. They significantly reduced their stock positions in DELTA AIR LINES INC (DAL), GENERAL MILLS INC (GIS) and ISHARES TR (IJR). Capital Management Associates, Inc opened new stock positions in SONIDA SENIOR LIVING INC (SNDA), ISHARES TR (AAXJ) and SANDISK CORP. The fund showed a lot of confidence in some stocks as they added substantially to SELECT SECTOR SPDR TR (XLB), VANGUARD INDEX FDS (VB) and TESLA INC (TSLA).

Capital Management Associates, Inc Annual Return Estimates Vs S&P 500

Our best estimate is that Capital Management Associates, Inc made a return of -2.82% in the last quarter. In trailing 12 months, it's portfolio return was 13.56%.

Performance
S&P 500

New Buys

Ticker	$ Bought
sonida senior living inc	852,497
ishares tr	717,097
sandisk corp	635,340
taiwan semiconductor manufac	569,784
honeywell intl inc	236,494
realty income corp	226,683
regeneron pharmaceuticals	215,567
ase technology hldg co ltd	209,039

New stocks bought by Capital Management Associates, Inc

Additions

Ticker	% Inc.
select sector spdr tr	57.5
select sector spdr tr	43.29
vanguard index fds	40.31
tesla inc	31.71
select sector spdr tr	23.91
walmart inc	23.85
alphabet inc	22.27
jpmorgan chase & co	21.04

Additions to existing portfolio by Capital Management Associates, Inc

Reductions

Ticker	% Reduced
delta air lines inc	-61.23
general mills inc	-46.54
ishares tr	-45.05
ishares tr	-36.06
nnn reit inc	-31.22
fs kkr cap corp	-25.44
jabil inc	-22.8
procter & gamble co	-22.33

Capital Management Associates, Inc reduced stake in above stock

Sold off

Ticker	$ Sold
first majestic silver corp	-670,648
first watch restaurant group	-274,712
ishares tr	-581,517
trust for professional manag	-259,418
mondelez intl inc	-588,838
ishares tr	-254,174
ishares tr	-474,943
goldman sachs etf tr	-393,668

Capital Management Associates, Inc got rid off the above stocks

Sector Distribution

Capital Management Associates, Inc has about 80.4% of it's holdings in Others sector.

Sector	%
Others	80.4
Technology	5.9
Industrials	3.4
Healthcare	2.5
Consumer Defensive	1.8
Utilities	1.3
Consumer Cyclical	1.2
Communication Services	1.2

Market Cap. Distribution

Capital Management Associates, Inc has about 19% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	80.4
MEGA-CAP	11.5
LARGE-CAP	7.5

Stocks belong to which Index?

About 18.4% of the stocks held by Capital Management Associates, Inc either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	81.5
S&P 500	18.4

Top 5 Winners (%)		%
XOM	exxon mobil corp	39.8 %
AMAT	applied matls inc	38.8 %
	ge vernova inc	32.7 %
CVX	chevron corporation	31.9 %
TGT	target corp	23.9 %

Top 5 Winners ($)		$
SIVR	abrdn silver etf trust	1.1 M
CAT	caterpillar inc	1.0 M
SGOL	etfs gold tr	1.0 M
DE	deere & co	0.5 M
JNJ	johnson & johnson	0.4 M

Top 5 Losers (%)		%
BSX	boston scientific corp	-34.2 %
FSK	fs kkr cap corp	-27.3 %
ORCL	oracle corp	-24.4 %
MSFT	microsoft corp	-23.1 %
IBM	international business machs	-18.0 %

Top 5 Losers ($)		$
SPY	state str spdr s&p 500 etf t	-3.1 M
FNDA	schwab strategic tr	-2.0 M
VB	vanguard index fds	-2.0 M
GIS	general mills inc	-1.7 M
QQQ	invesco qqq tr	-1.5 M

Capital Management Associates, Inc Holdings Map

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

Current Stock Holdings of Capital Management Associates, Inc

Capital Management Associates, Inc has 151 stocks in it's portfolio. About 58.9% of the portfolio is in top 10 stocks. SPY proved to be the most loss making stock for the portfolio. SIVR was the most profitable stock for Capital Management Associates, Inc last quarter.

Last Reported on: 23 Apr, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.14	54,749	13,894,800	reduced	-0.09

AAXJ	ishares tr	0.61	25,582	2,715,580	added	0.77

AAXJ	ishares tr	0.16	6,496	717,097	new

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	0.00	0.00	0.00	sold off	-100

ACWF	ishares tr	0.00	0.00	0.00	sold off	-100

AG	first majestic silver corp	0.00	0.00	0.00	sold off	-100

AGT	ishares tr	0.10	4,500	430,290	added	7.02

AMAT	applied matls inc	0.18	2,290	782,563	reduced	-16.55

AMD	advanced micro devices inc	0.06	1,248	253,881	reduced	-0.24

AMGN	amgen inc	0.07	856	301,184	added	1.18

AMZN	amazon com inc	0.49	10,344	2,154,390	added	1.39

ANET	arista networks inc	0.00	0.00	0.00	sold off	-100

ASX	ase technology hldg co ltd	0.05	9,642	209,039	new

BGRN	ishares tr	0.00	0.00	0.00	sold off	-100

BIL	spdr series trust	0.23	17,117	1,013,650	added	0.31

BIL	spdr series trust	0.21	9,482	928,410	added	4.98

BIL	spdr series trust	0.18	26,880	784,358	unchanged	0.00

BIL	spdr series trust	0.05	900	228,582	unchanged	0.00

BMY	bristol-myers squibb co	0.05	3,803	230,652	reduced	-14.42