# Janney Capital Management LLC

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1569855. Source: https://holderbook.com/funds/1569855-janney-capital-management-llc/

- Reported value: $1.6B
- Positions: 253
- Weight of the ten largest: 23.2%
- Filed: 2026-02-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $75.0M | 838,033 | 4.7% | 5 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $39.4M | 273,794 | 2.5% | 23 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $36.0M | 306,029 | 2.3% | 23 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $34.1M | 70,559 | 2.1% | 30 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $33.0M | 282,383 | 2.1% | 8 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $32.3M | 100,097 | 2.0% | 30 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $31.8M | 91,958 | 2.0% | 27 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $30.7M | 101,011 | 1.9% | 30 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $29.9M | 75,402 | 1.9% | 9 |
| SSGA ACTIVE ETF TR | [TOTL](https://holderbook.com/stocks/TOTL/) | $27.1M | 674,136 | 1.7% | 28 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $24.2M | 98,278 | 1.5% | 30 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $22.4M | 104,562 | 1.4% | 13 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $22.1M | 106,646 | 1.4% | 9 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $21.8M | 71,205 | 1.4% | 15 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $21.7M | 282,096 | 1.4% | 30 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $21.5M | 37,449 | 1.3% | 23 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $20.2M | 68,116 | 1.3% | 30 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $20.2M | 74,213 | 1.3% | 11 |
| SPDR SERIES TRUST | [KBE](https://holderbook.com/stocks/KBE/) | $19.4M | 319,806 | 1.2% | 6 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $19.2M | 108,204 | 1.2% | 20 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $19.1M | 61,135 | 1.2% | 30 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $18.6M | 81,596 | 1.2% | 30 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $18.2M | 426,002 | 1.1% | 7 |
| HSBC HLDGS PLC | [HSBC](https://holderbook.com/stocks/HSBC/) | $17.3M | 219,596 | 1.1% | 5 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $16.9M | 19,282 | 1.1% | 30 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $16.6M | 117,339 | 1.0% | 1 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $16.6M | 172,804 | 1.0% | 30 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $16.2M | 145,468 | 1.0% | 15 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $15.9M | 133,393 | 1.0% | 21 |
| LLOYDS BANKING GROUP PLC | [LYG](https://holderbook.com/stocks/LYG/) | $15.9M | 3,001,295 | 1.0% | 16 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $15.5M | 177,307 | 1.0% | 4 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $15.5M | 383,844 | 1.0% | 20 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $15.1M | 99,113 | 0.9% | 30 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $14.1M | 314,840 | 0.9% | 21 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $14.0M | 40,041 | 0.9% | 6 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $13.3M | 12,452 | 0.8% | 23 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $13.2M | 156,602 | 0.8% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $13.2M | 70,670 | 0.8% | 11 |
| J P MORGAN EXCHANGE TRADED F | [JCPB](https://holderbook.com/stocks/JCPB/) | $13.2M | 278,201 | 0.8% | 12 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $13.1M | 70,509 | 0.8% | 16 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $13.0M | 237,215 | 0.8% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $13.0M | 56,464 | 0.8% | 11 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $13.0M | 167,352 | 0.8% | 20 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $12.7M | 36,896 | 0.8% | 30 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $12.7M | 114,939 | 0.8% | 6 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $12.5M | 46,445 | 0.8% | 30 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $12.2M | 76,007 | 0.8% | 4 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $12.2M | 75,792 | 0.8% | 30 |
| VANECK ETF TRUST | [ANGL](https://holderbook.com/stocks/ANGL/) | $12.0M | 408,708 | 0.8% | 18 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $12.0M | 69,001 | 0.8% | 30 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $11.9M | 89,330 | 0.7% | 27 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $11.7M | 10,881 | 0.7% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $11.6M | 81,123 | 0.7% | 30 |
| BEST BUY INC | [BBY](https://holderbook.com/stocks/BBY/) | $11.5M | 172,285 | 0.7% | 7 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $11.3M | 140,582 | 0.7% | 27 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $11.2M | 21,378 | 0.7% | 28 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $11.1M | 271,379 | 0.7% | 15 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $10.9M | 202,972 | 0.7% | 28 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $10.9M | 43,960 | 0.7% | 11 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $10.6M | 17,587 | 0.7% | 25 |
| INVESCO ACTVELY MNGD ETC FD | [PDBC](https://holderbook.com/stocks/PDBC/) | $10.5M | 795,876 | 0.7% | 18 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $10.5M | 89,746 | 0.7% | 30 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $10.4M | 64,384 | 0.7% | 6 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $10.3M | 46,865 | 0.6% | 13 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $10.2M | 21,789 | 0.6% | 5 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $10.2M | 57,896 | 0.6% | 9 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $10.1M | 51,672 | 0.6% | 30 |
| DUPONT DE NEMOURS INC | [DD](https://holderbook.com/stocks/DD/) | $10.0M | 249,528 | 0.6% | 9 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $9.9M | 19,733 | 0.6% | 11 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $9.9M | 43,261 | 0.6% | 30 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $9.7M | 16,683 | 0.6% | 28 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $8.9M | 92,531 | 0.6% | 14 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $8.8M | 4,390 | 0.6% | 21 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $8.8M | 10,061 | 0.6% | 7 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $8.8M | 47,561 | 0.6% | 7 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $8.5M | 19,939 | 0.5% | 12 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $8.4M | 128,040 | 0.5% | 1 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $8.3M | 113,557 | 0.5% | 15 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $8.2M | 19,377 | 0.5% | 9 |
| STANLEY BLACK & DECKER INC | [SWK](https://holderbook.com/stocks/SWK/) | $8.0M | 107,936 | 0.5% | 1 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $7.9M | 51,454 | 0.5% | 6 |
| FOMENTO ECONOMICO MEXICANO S | [FMX](https://holderbook.com/stocks/FMX/) | $7.8M | 77,656 | 0.5% | 20 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $7.8M | 123,166 | 0.5% | 2 |
| HDFC BANK LTD | [HDB](https://holderbook.com/stocks/HDB/) | $7.7M | 209,953 | 0.5% | 20 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $7.3M | 5,491 | 0.5% | 1 |
| QNITY ELECTRONICS INC | [Q](https://holderbook.com/stocks/Q/) | $7.1M | 86,671 | 0.4% | 1 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $7.0M | 15,542 | 0.4% | 13 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $7.0M | 62,035 | 0.4% | 8 |
| COUPANG INC | [CPNG](https://holderbook.com/stocks/CPNG/) | $6.8M | 287,616 | 0.4% | 6 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $6.6M | 52,621 | 0.4% | 16 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $6.2M | 17,461 | 0.4% | 1 |
| SAP SE | [SAP](https://holderbook.com/stocks/SAP/) | $5.5M | 22,828 | 0.3% | 19 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $5.3M | 44,409 | 0.3% | 30 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $5.2M | 43,035 | 0.3% | 30 |
| VANGUARD MALVERN FDS | [VPLS](https://holderbook.com/stocks/VPLS/) | $5.2M | 66,218 | 0.3% | 4 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $4.9M | 52,589 | 0.3% | 30 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $4.9M | 14,054 | 0.3% | 14 |
| HUBSPOT INC | [HUBS](https://holderbook.com/stocks/HUBS/) | $4.7M | 11,639 | 0.3% | 4 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $4.4M | 4,087 | 0.3% | 5 |
| PINTEREST INC | [PINS](https://holderbook.com/stocks/PINS/) | $4.2M | 162,189 | 0.3% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2025 | +1.8% | +2.4% | -0.5% | 100% |
| Q3 2025 | +6.1% | +7.8% | -1.7% | 100% |
| Q2 2025 | +8.2% | +10.5% | -2.2% | 100% |
| Q1 2025 | -0.5% | -4.6% | +4.1% | 100% |
| Q4 2024 | -0.4% | +2.1% | -2.5% | 100% |
| Q3 2024 | +6.2% | +5.4% | +0.8% | 100% |
| Q2 2024 | +0.2% | +4.0% | -3.9% | 100% |
| Q1 2024 | +6.3% | +10.0% | -3.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $1.6B | 253 |
| Q3 2025 | $1.6B | 244 |
| Q2 2025 | $1.5B | 232 |
| Q1 2025 | $1.5B | 229 |
| Q4 2024 | $1.5B | 242 |
| Q3 2024 | $1.5B | 233 |
| Q2 2024 | $1.4B | 224 |
| Q1 2024 | $1.5B | 233 |
| Q4 2023 | $1.5B | 234 |
| Q3 2023 | $1.3B | 216 |
| Q2 2023 | $1.4B | 235 |
| Q1 2023 | $1.3B | 226 |