Latest CAPITAL MANAGEMENT ASSOCIATES /NY/ Stock Portfolio

CAPITAL MANAGEMENT ASSOCIATES /NY/ Performance:

2025 Q4: 3.74%YTD: 17.62%2024: 16.09%

Performance for 2025 Q4 is 3.74%, and YTD is 17.62%, and 2024 is 16.09%.

About CAPITAL MANAGEMENT ASSOCIATES /NY/ and 13F Hedge Fund Stock Holdings

CAPITAL MANAGEMENT ASSOCIATES /NY/ is a hedge fund based in New York, NY. On 2026-02-09, the fund reported it's updated stock portfolio. In the 13F Holdings report, CAPITAL MANAGEMENT ASSOCIATES /NY/ reported an equity portfolio of $68.2 Millions as of 31 Dec, 2025.

The top stock holdings of CAPITAL MANAGEMENT ASSOCIATES /NY/ are GOOG, NVDA, LLY. The fund has invested 5.5% of it's portfolio in ALPHABET INC CAP STK CL A and 5.3% of portfolio in NVIDIA CORPORATION COM.

The fund managers got completely rid off ISHARES BITCOIN TRUST ETF, QXO INC COM NEW (SSNT) and ROPER TECHNOLOGIES INC COM (ROP) stocks. They significantly reduced their stock positions in META PLATFORMS INC CL A (META) and NVIDIA CORPORATION COM (NVDA). CAPITAL MANAGEMENT ASSOCIATES /NY/ opened new stock positions in ROSS STORES INC COM (ROST), BANK AMERICA CORP COM (BAC) and STATE STREET SPDR S&P METALS & MINING ETF (BIL). The fund showed a lot of confidence in some stocks as they added substantially to THERMO FISHER SCIENTIFIC INC COM (TMO), VANECK GOLD MINERS ETF (AFK) and INTUITIVE SURGICAL INC COM NEW (ISRG).

CAPITAL MANAGEMENT ASSOCIATES /NY/ Annual Return Estimates Vs S&P 500

Our best estimate is that CAPITAL MANAGEMENT ASSOCIATES /NY/ made a return of 3.74% in the last quarter. In trailing 12 months, it's portfolio return was 17.62%.

Performance
S&P 500

New Buys

Ticker	$ Bought
ross stores inc com	1,080,840
bank america corp com	880,000
state street spdr s&p metals & mining etf	828,880
state street spdr s&p biotech etf	731,580
ishares biotechnology etf	675,080

New stocks bought by CAPITAL MANAGEMENT ASSOCIATES /NY/

Additions

Ticker	% Inc.
thermo fisher scientific inc com	61.54
vaneck gold miners etf	41.18
intuitive surgical inc com new	36.36

Additions to existing portfolio by CAPITAL MANAGEMENT ASSOCIATES /NY/

Reductions

Ticker	% Reduced
meta platforms inc cl a	-37.14
nvidia corporation com	-3.00

CAPITAL MANAGEMENT ASSOCIATES /NY/ reduced stake in above stock

Sold off

Ticker	$ Sold
qxo inc com new	-1,124,540
ishares bitcoin trust etf	-1,300,000
fidelity ethereum fund etf	-540,150
range res corp com	-451,680
paypal hldgs inc com	-502,950
electronic arts inc com	-524,420
coinbase global inc com cl a	-624,357
roper technologies inc com	-847,773

CAPITAL MANAGEMENT ASSOCIATES /NY/ got rid off the above stocks

Sector Distribution

CAPITAL MANAGEMENT ASSOCIATES /NY/ has about 22.4% of it's holdings in Technology sector.

Sector	%
Technology	22.4
Others	20.4
Healthcare	10.8
Industrials	9.3
Communication Services	8.8
Consumer Cyclical	7.9
Financial Services	7.1
Utilities	4.1
Consumer Defensive	3.6
Basic Materials	3.1
Energy	2.4

Market Cap. Distribution

CAPITAL MANAGEMENT ASSOCIATES /NY/ has about 76.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	44.8
LARGE-CAP	31.4
UNALLOCATED	20.4
MID-CAP	3.4

Stocks belong to which Index?

About 72.7% of the stocks held by CAPITAL MANAGEMENT ASSOCIATES /NY/ either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	69.3
Others	27.2
RUSSELL 2000	3.4

Top 5 Winners (%)		%
LLY	eli lilly & co com	40.9 %
GOOG	alphabet inc cap stk cl a	28.8 %
AMAT	applied matls inc com	25.5 %
ISRG	intuitive surgical inc com new	22.3 %
TMO	thermo fisher scientific inc com	15.2 %

Top 5 Winners ($)		$
GOOG	alphabet inc cap stk cl a	0.8 M
LLY	eli lilly & co com	0.8 M
ISRG	intuitive surgical inc com new	0.3 M
AMAT	applied matls inc com	0.2 M
AFK	vaneck gold miners etf	0.2 M

Top 5 Losers (%)		%
LNG	cheniere energy inc com new	-17.3 %
LIN	linde plc shs	-10.2 %
BX	blackstone inc com	-9.8 %
PANW	palo alto networks inc com	-9.5 %
META	meta platforms inc cl a	-8.2 %

Top 5 Losers ($)		$
LNG	cheniere energy inc com new	-0.3 M
LIN	linde plc shs	-0.2 M
META	meta platforms inc cl a	-0.2 M
PANW	palo alto networks inc com	-0.2 M
MSFT	microsoft corp com	-0.2 M

CAPITAL MANAGEMENT ASSOCIATES /NY/ Holdings Map

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

Current Stock Holdings of CAPITAL MANAGEMENT ASSOCIATES /NY/

CAPITAL MANAGEMENT ASSOCIATES /NY/ has 39 stocks in it's portfolio. About 40.2% of the portfolio is in top 10 stocks. LNG proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for CAPITAL MANAGEMENT ASSOCIATES /NY/ last quarter.

Last Reported on: 09 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc com	3.15	7,900	2,147,690	unchanged	0.00

AFK	vaneck gold miners etf	3.02	24,000	2,058,480	added	41.18

AMAT	applied matls inc com	1.65	4,375	1,124,330	unchanged	0.00

AMZN	amazon com inc com	3.72	11,000	2,539,020	unchanged	0.00

BAC	bank america corp com	1.29	16,000	880,000	new

BE	bloom energy corp com cl a	3.43	26,900	2,337,340	unchanged	0.00

BIL	state street spdr s&p metals & mining etf	1.22	8,000	828,880	new

BIL	state street spdr s&p biotech etf	1.07	6,000	731,580	new

BX	blackstone inc com	1.81	8,000	1,233,120	unchanged	0.00

CEG	constellation energy corp com	2.85	5,500	1,942,980	unchanged	0.00

COIN	coinbase global inc com cl a	0.00	0.00	0.00	sold off	-100

CSD	invesco s&p 500 equal weight etf	2.11	7,500	1,436,700	unchanged	0.00

CW	curtiss wright corp com	2.43	3,000	1,653,810	unchanged	0.00

EA	electronic arts inc com	0.00	0.00	0.00	sold off	-100

GOOG	alphabet inc cap stk cl a	5.51	12,000	3,756,000	unchanged	0.00

IBM	international business machs com	3.04	7,000	2,073,470	unchanged	0.00

IJR	ishares biotechnology etf	0.99	4,000	675,080	new

ISRG	intuitive surgical inc com new	2.49	3,000	1,699,080	added	36.36

JPM	jpmorgan chase & co com	4.02	8,500	2,738,870	unchanged	0.00

LIN	linde plc shs	3.13	5,000	2,131,950	unchanged	0.00