Latest Canal Capital Management, LLC Stock Portfolio

Canal Capital Management, LLC Performance:

2024 Q3: 6.72%YTD: -9.18%2023: 19.59%

Performance for 2024 Q3 is 6.72%, and YTD is -9.18%, and 2023 is 19.59%.

About Canal Capital Management, LLC and 13F Hedge Fund Stock Holdings

Canal Capital Management, LLC is a hedge fund based in RICHMOND, VA. On 21-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $916.9 Millions. In it's latest 13F Holdings report, Canal Capital Management, LLC reported an equity portfolio of $626.1 Millions as of 30 Sep, 2024.

The top stock holdings of Canal Capital Management, LLC are ODFL, AAPL, MSFT. The fund has invested 17.6% of it's portfolio in OLD DOMINION FREIGHT LINE IN and 4.6% of portfolio in APPLE INC.

The fund managers got completely rid off FERGUSON PLC NEW (FERG), WESTROCK CO (WRK) and GLOBAL X FDS (AGNG) stocks. They significantly reduced their stock positions in ISHARES TR (IJR), SPDR GOLD TR (GLD) and INVESCO ACTVELY MNGD ETC FD (PDBC). Canal Capital Management, LLC opened new stock positions in FERGUSON ENTERPRISES INC, PROSHARES TR (ANEW) and FIDELITY MERRIMACK STR TR (FBND). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD SCOTTSDALE FDS (BNDW), ISHARES INC (EMGF) and ALBEMARLE CORP (ALB).

Canal Capital Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Canal Capital Management, LLC made a return of 6.72% in the last quarter. In trailing 12 months, it's portfolio return was -4.14%.

New Buys

Ticker	$ Bought
ferguson enterprises inc	7,416,910
smurfit westrock plc	1,412,500
proshares tr	853,051
fidelity merrimack str tr	359,524
spdr ser tr	353,270
investors title co nc	229,800
the trade desk inc	219,300
ishares tr	218,071

New stocks bought by Canal Capital Management, LLC

Additions

Ticker	% Inc.
vanguard scottsdale fds	67.77
ishares inc	49.16
albemarle corp	38.88
litman gregory fds tr	31.5
united parcel service inc	19.65
ares capital corp	16.32
invesco qqq tr	13.67
blackrock income tr inc	13.61

Additions to existing portfolio by Canal Capital Management, LLC

Reductions

Ticker	% Reduced
ishares tr	-44.83
spdr gold tr	-35.55
invesco actvely mngd etc fd	-34.46
smartsheet inc	-26.27
calamos strategic total retu	-15.49
pepsico inc	-11.27
atlantic un bankshares corp	-9.94
altria group inc	-6.2

Canal Capital Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
westrock co	-4,286,210
ferguson plc new	-6,881,280
global x fds	-466,244
ishares tr	-351,425
xylem inc	-200,732

Canal Capital Management, LLC got rid off the above stocks

Sector Distribution

Canal Capital Management, LLC has about 30.8% of it's holdings in Others sector.

Sector	%
Others	30.8
Industrials	22.6
Technology	15.3
Financial Services	6.8
Consumer Defensive	6.5
Healthcare	5.3
Consumer Cyclical	3.1
Energy	2.5
Basic Materials	2.4
Communication Services	1.9
Utilities	1.5
Real Estate	1.2

Market Cap. Distribution

Canal Capital Management, LLC has about 67.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	41
UNALLOCATED	31.8
MEGA-CAP	26.2

Stocks belong to which Index?

About 66.5% of the stocks held by Canal Capital Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	66.5
Others	32.5

Top 5 Winners (%)		%
PLTR	palantir technologies inc	45.4 %
TSLA	tesla inc	32.2 %
LMT	lockheed martin corp	24.4 %
BX	blackstone inc	23.4 %
LOW	lowes cos inc	22.7 %

Top 5 Winners ($)		$
ODFL	old dominion freight line in	12.8 M
BX	blackstone inc	3.1 M
AAPL	apple inc	2.8 M
PM	philip morris intl inc	2.2 M
LMT	lockheed martin corp	1.8 M

Top 5 Losers (%)		%
DVN	devon energy corp new	-17.1 %
VLO	valero energy corp	-13.8 %
GOOG	alphabet inc	-8.9 %
GOOG	alphabet inc	-8.8 %
COP	conocophillips	-7.9 %

Top 5 Losers ($)		$
DVN	devon energy corp new	-1.2 M
GOOG	alphabet inc	-0.8 M
MSFT	microsoft corp	-0.7 M
INTU	intuit	-0.3 M
ADBE	adobe inc	-0.3 M

Canal Capital Management, LLC Holdings Map

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

Current Stock Holdings of Canal Capital Management, LLC

Canal Capital Management, LLC has 155 stocks in it's portfolio. About 42.1% of the portfolio is in top 10 stocks. DVN proved to be the most loss making stock for the portfolio. ODFL was the most profitable stock for Canal Capital Management, LLC last quarter.

Last Reported on: 23 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.64	124,656	29,045,000	added	0.72

AAXJ	ishares tr	2.37	124,089	14,841,700	added	3.94

AAXJ	ishares tr	0.04	4,141	218,071	new

ABBV	abbvie inc	0.98	30,919	6,105,800	added	1.04

ADBE	adobe inc	0.61	7,393	3,827,950	reduced	-0.46

AGNG	global x fds	0.00	0.00	0.00	sold off	-100

AHH	armada hoffler pptys inc	0.08	46,326	501,711	unchanged	0.00

ALB	albemarle corp	0.36	23,812	2,255,210	added	38.88

AMP	ameriprise finl inc	0.07	916	430,323	added	7.76

AMT	american tower corp new	0.03	867	201,681	new

AMZN	amazon com inc	1.17	39,427	7,346,430	added	1.38

ANEW	proshares tr	0.14	41,350	853,051	new

AOA	ishares tr	0.47	36,858	2,908,450	reduced	-0.35

AOA	ishares tr	0.06	6,296	372,998	reduced	-1.36

AUB	atlantic un bankshares corp	0.36	59,681	2,248,190	reduced	-9.94

AVGO	broadcom inc	1.79	64,924	11,199,400	added	1.38

BIL	spdr ser tr	0.32	20,648	2,019,210	added	2.43

BIL	spdr ser tr	0.09	3,978	565,083	added	0.94

BIL	spdr ser tr	0.06	3,548	353,270	new

BNDW	vanguard scottsdale fds	0.10	10,103	596,279	added	67.77