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Portfolio (Quarterly) Guide ↗

Capital Management Associates, Inc

· CIK 0002008851
13F Portfolio $452M AUM 171 positions Filed Jan 21, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 156 New
Page 6 of 8  ·  156 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 IWF ISHARES TR 944.0 $447K 0.10% NEW $473.30 -74.7%
102 TROW PRICE T ROWE GROUP INC Financial Services 4,201.0 $430K 0.10% NEW $102.39 +2.7%
103 IBM INTERNATIONAL BUSINESS MACHS Technology 1,447.0 $429K 0.10% NEW $296.21 -11.2%
104 CSCO CISCO SYS INC Technology 5,480.0 $422K 0.09% NEW $77.03 +55.4%
105 GLD SPDR GOLD TR Financial Services 1,056.0 $419K 0.09% NEW $396.31 -7.7%
106 ESGD ISHARES TR 4,205.0 $400K 0.09% NEW $95.09 +6.4%
107 GSLC GOLDMAN SACHS ETF TR 2,974.0 $394K 0.09% NEW $132.37 +5.4%
108 WFC WELLS FARGO CO NEW Financial Services 4,183.0 $390K 0.09% NEW $93.20 -9.5%
109 XLC SELECT SECTOR SPDR TR 3,265.0 $384K 0.09% NEW $117.72 -9.5%
110 FAST FASTENAL CO Industrials 9,403.0 $377K 0.08% NEW $40.13 +15.3%
111 GEV GE VERNOVA INC Utilities 575.0 $376K 0.08% NEW $653.57 +61.8%
112 NUSC NUSHARES ETF TR 8,386.0 $374K 0.08% NEW $44.65 +14.2%
113 SLV ISHARES SILVER TR Financial Services 5,650.0 $364K 0.08% NEW $64.42 -19.6%
114 V VISA INC Financial Services 1,035.0 $363K 0.08% NEW $350.69 -5.3%
115 SCHW SCHWAB CHARLES CORP Financial Services 3,607.0 $360K 0.08% NEW $99.92 -8.5%
116 COF CAPITAL ONE FINL CORP Financial Services 1,411.0 $342K 0.08% NEW $242.36 -17.3%
117 XLU SELECT SECTOR SPDR TR 7,878.0 $336K 0.07% NEW $42.69 +6.7%
118 VGK VANGUARD INTL EQUITY INDEX F 4,000.0 $334K 0.07% NEW $83.61 +4.0%
119 COST COSTCO WHSL CORP NEW Consumer Defensive 384.0 $331K 0.07% NEW $862.24 +11.4%
120 XOM EXXON MOBIL CORP Energy 2,710.0 $326K 0.07% NEW $120.34 +13.8%
Page 6 of 8  ·  156 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 60.1%
Technology 12.7%
Consumer Defensive 6.4%
Industrials 6.1%
Healthcare 4.5%
Utilities 2.5%
Communication Services 2.4%
Consumer Cyclical 2.4%
Real Estate 1.5%
Basic Materials 1.0%