Janney Capital Management LLC

PITTSBURGH, PA · CIK 1569855 · 13F filing filed 2026-02-11

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyPittsburgh, PA

$1.6bn reported value -0.9% vs Q3 2025

253positions

23.2%in top 10

21 new 61 added 144 reduced 12 sold out vs Q3 2025

Holdings, Q4 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR CORE MSCI EAFE IEFA	IEFA	838,033	$75.0m4.71%	4.71%	Reduced -18.5k	-18,519 -2.2%
2	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	273,794	$39.4m2.48%	2.48%	Reduced -5.4k	-5,354 -1.9%
3	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	306,029	$36.0m2.26%	2.26%	Reduced -6.3k	-6,294 -2.0%
4	MICROSOFT CORP COM MSFT	MSFT	70,559	$34.1m2.14%	2.14%	Reduced -5.1k	-5,139 -6.8%
5	CITIGROUP INC COM NEW C	C	282,383	$33.0m2.07%	2.07%	Reduced -20.3k	-20,314 -6.7%
6	JPMORGAN CHASE & CO COM JPM	JPM	100,097	$32.3m2.03%	2.03%	Reduced -1.6k	-1,598 -1.6%
7	BROADCOM INC COM AVGO	AVGO	91,958	$31.8m2.00%	2.00%	Reduced -16.6k	-16,613 -15.3%
8	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	101,011	$30.7m1.93%	1.93%	Reduced -19.5k	-19,452 -16.1%
9	SPDR GOLD TR GOLD SHS GLD	GLD	75,402	$29.9m1.88%	1.88%	Reduced -1.9k	-1,853 -2.4%
10	SSGA ACTIVE ETF TR SPDR TR TACTIC TOTL	TOTL	674,136	$27.1m1.70%	1.70%	Reduced -35.5k	-35,525 -5.0%
11	ISHARES TR RUSSELL 2000 ETF IWM	IWM	98,278	$24.2m1.52%	1.52%	Reduced -1.6k	-1,634 -1.6%
12	ISHARES TR US AER DEF ETF ITA	ITA	104,562	$22.4m1.41%	1.41%	Reduced -1.6k	-1,649 -1.6%
13	JOHNSON & JOHNSON COM JNJ	JNJ	106,646	$22.1m1.39%	1.39%	Reduced -1.9k	-1,934 -1.8%
14	MCDONALDS CORP COM MCD	MCD	71,205	$21.8m1.37%	1.37%	Reduced -1.5k	-1,452 -2.0%
15	CISCO SYS INC COM CSCO	CSCO	282,096	$21.7m1.37%	1.37%	Reduced -5.2k	-5,150 -1.8%
16	CATERPILLAR INC COM CAT	CAT	37,449	$21.5m1.35%	1.35%	Reduced -719	-719 -1.9%
17	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	68,116	$20.2m1.27%	1.27%	Reduced -1.4k	-1,383 -2.0%
18	APPLE INC COM AAPL	AAPL	74,213	$20.2m1.27%	1.27%	Reduced -1.8k	-1,840 -2.4%
19	SPDR SER TR S&P BK ETF KBE	KBE	319,806	$19.4m1.22%	1.22%	Reduced -7.3k	-7,311 -2.2%
20	MORGAN STANLEY COM NEW MS	MS	108,204	$19.2m1.21%	1.21%	Reduced -2.0k	-2,025 -1.8%
21	ALPHABET INC CAP STK CL A GOOGL	GOOGL	61,135	$19.1m1.20%	1.20%	Reduced -17.0k	-16,955 -21.7%
22	ABBVIE INC COM ABBV	ABBV	81,596	$18.6m1.17%	1.17%	Reduced -18.5k	-18,544 -18.5%
23	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	426,002	$18.2m1.14%	1.14%	Reduced -9.9k	-9,912 -2.3%
24	HSBC HLDGS PLC SPON ADR NEW HSBC	HSBC	219,596	$17.3m1.09%	1.09%	Reduced -5.3k	-5,295 -2.4%
25	GOLDMAN SACHS GROUP INC COM GS	GS	19,282	$16.9m1.06%	1.06%	Reduced -194	-194 -1.0%
26	ISHARES TR MSCI ACWI ETF ACWI	ACWI	117,339	$16.6m1.04%	1.04%	New
27	MEDTRONIC PLC SHS MDT	MDT	172,804	$16.6m1.04%	1.04%	Reduced -4.1k	-4,093 -2.3%
28	WALMART INC COM WMT	WMT	145,468	$16.2m1.02%	1.02%	Reduced -1.6k	-1,550 -1.1%
29	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	133,393	$15.9m1.00%	1.00%	Reduced -2.9k	-2,895 -2.1%
30	LLOYDS BANKING GROUP PLC SPONSORED ADR LYG	LYG	3,001,295	$15.9m1.00%	1.00%	Reduced -66.1k	-66,069 -2.1%
31	CORNING INC COM GLW	GLW	177,307	$15.5m0.98%	0.98%	Reduced -59.4k	-59,362 -25.1%
32	SELECT SECTOR SPDR TR RL EST SEL SEC XLRE	XLRE	383,844	$15.5m0.97%	0.97%	Reduced -10.3k	-10,270 -2.6%
33	CHEVRON CORP NEW COM CVX	CVX	99,113	$15.1m0.95%	0.95%	Reduced -10.9k	-10,929 -9.9%
34	SELECT SECTOR SPDR TR ENERGY XLE	XLE	314,840	$14.1m0.88%	0.88%	Reduced -8.3k	-8,278 -2.6%
35	VISA INC COM CL A V	V	40,041	$14.0m0.88%	0.88%	Reduced -217	-217 -0.5%
36	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	12,452	$13.3m0.84%	0.84%	Reduced -2.6k	-2,644 -17.5%
37	STARBUCKS CORP COM SBUX	SBUX	156,602	$13.2m0.83%	0.83%	Reduced -8.9k	-8,859 -5.3%
38	NVIDIA CORPORATION COM NVDA	NVDA	70,670	$13.2m0.83%	0.83%	Reduced -9.4k	-9,359 -11.7%
39	J P MORGAN EXCHANGE TRADED F CORE PLUS BD ETF JCPB	JCPB	278,201	$13.2m0.83%	0.83%	Reduced -1.3k	-1,299 -0.5%
40	SIMON PPTY GROUP INC NEW COM SPG	SPG	70,509	$13.1m0.82%	0.82%	Reduced -1.2k	-1,231 -1.7%
41	BANK AMERICA CORP COM BAC	BAC	237,215	$13.0m0.82%	0.82%	Reduced -2.5k	-2,514 -1.1%
42	AMAZON COM INC COM AMZN	AMZN	56,464	$13.0m0.82%	0.82%	Reduced -539	-539 -0.9%
43	SELECT SECTOR SPDR TR SBI CONS STPLS XLP	XLP	167,352	$13.0m0.82%	0.82%	Reduced -5.5k	-5,520 -3.2%
44	HOME DEPOT INC COM HD	HD	36,896	$12.7m0.80%	0.80%	Reduced -989	-989 -2.6%
45	EXPAND ENERGY CORPORATION COM EXE	EXE	114,939	$12.7m0.80%	0.80%	Reduced -2.0k	-1,965 -1.7%
46	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	46,445	$12.5m0.78%	0.78%	Added +8.6k	+8,622 22.8%
47	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	76,007	$12.2m0.77%	0.77%	Reduced -764	-764 -1.0%
48	PHILIP MORRIS INTL INC COM PM	PM	75,792	$12.2m0.76%	0.76%	Reduced -1.7k	-1,700 -2.2%
49	VANECK ETF TRUST FALLEN ANGEL HG ANGL	ANGL	408,708	$12.0m0.75%	0.75%	Reduced -11.3k	-11,344 -2.7%
50	TEXAS INSTRS INC COM TXN	TXN	69,001	$12.0m0.75%	0.75%	Reduced -11.5k	-11,537 -14.3%
51	EMERSON ELEC CO COM EMR	EMR	89,330	$11.9m0.74%	0.74%	Reduced -1.8k	-1,835 -2.0%
52	ELI LILLY & CO COM LLY	LLY	10,881	$11.7m0.73%	0.73%	Reduced -147	-147 -1.3%
53	PROCTER AND GAMBLE CO COM PG	PG	81,123	$11.6m0.73%	0.73%	Reduced -3.5k	-3,528 -4.2%
54	BEST BUY INC COM BBY	BBY	172,285	$11.5m0.72%	0.72%	Reduced -18.7k	-18,733 -9.8%
55	NEXTERA ENERGY INC COM NEE	NEE	140,582	$11.3m0.71%	0.71%	Reduced -3.9k	-3,910 -2.7%
56	S&P GLOBAL INC COM SPGI	SPGI	21,378	$11.2m0.70%	0.70%	Added +4.2k	+4,155 24.1%
57	VERIZON COMMUNICATIONS INC COM VZ	VZ	271,379	$11.1m0.69%	0.69%	Reduced -13.9k	-13,887 -4.9%
58	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	202,972	$10.9m0.69%	0.69%	Reduced -37	-37 -0.0%
59	AIR PRODS & CHEMS INC COM APD	APD	43,960	$10.9m0.68%	0.68%	Reduced -3.7k	-3,688 -7.7%
60	ULTA BEAUTY INC COM ULTA	ULTA	17,587	$10.6m0.67%	0.67%	Reduced -187	-187 -1.1%
61	INVESCO ACTVELY MNGD ETC FD OPTIMUM YIELD PDBC	PDBC	795,876	$10.5m0.66%	0.66%	Reduced -30.9k	-30,919 -3.7%
62	DUKE ENERGY CORP NEW COM NEW DUK	DUK	89,746	$10.5m0.66%	0.66%	Reduced -1.6k	-1,567 -1.7%
63	VERTIV HOLDINGS CO COM CL A VRT	VRT	64,384	$10.4m0.66%	0.66%	Reduced -22.4k	-22,432 -25.8%
64	SNOWFLAKE INC CL A SNOW	SNOW	46,865	$10.3m0.65%	0.65%	Reduced -463	-463 -1.0%
65	SYNOPSYS INC COM SNPS	SNPS	21,789	$10.2m0.64%	0.64%	Reduced -8.0k	-8,029 -26.9%
66	AMERICAN TOWER CORP NEW COM AMT	AMT	57,896	$10.2m0.64%	0.64%	Reduced -8.2k	-8,209 -12.4%
67	HONEYWELL INTL INC COM COM		51,672	$10.1m0.63%	0.63%	Reduced -1.3k	-1,259 -2.4%
68	DUPONT DE NEMOURS INC COM DWDP	DWDP	249,528	$10.0m0.63%	0.63%	Added +109.6k	+109,624 78.4%
69	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	19,733	$9.9m0.62%	0.62%	Reduced -2.9k	-2,930 -12.9%
70	DANAHER CORPORATION COM DHR	DHR	43,261	$9.9m0.62%	0.62%	Added +11.3k	+11,291 35.3%
71	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	16,683	$9.7m0.61%	0.61%	Reduced -165	-165 -1.0%
72	ISHARES TR 7-10 YR TRSY BD IEF	IEF	92,531	$8.9m0.56%	0.56%	Reduced -2.5k	-2,475 -2.6%
73	MERCADOLIBRE INC COM MELI	MELI	4,390	$8.8m0.56%	0.56%	Reduced -40	-40 -0.9%
74	PARKER-HANNIFIN CORP COM PH	PH	10,061	$8.8m0.56%	0.56%	Reduced -2.9k	-2,883 -22.3%
75	PALO ALTO NETWORKS INC COM PANW	PANW	47,561	$8.8m0.55%	0.55%	Reduced -528	-528 -1.1%
76	LINDE PLC SHS LIN	LIN	19,939	$8.5m0.53%	0.53%	Reduced -250	-250 -1.2%
77	UNILEVER PLC SPON ADR NEW UL	UL	128,040	$8.4m0.53%	0.53%	New
78	SHELL PLC SPON ADS SHEL	SHEL	113,557	$8.3m0.52%	0.52%	Reduced -2.5k	-2,459 -2.1%
79	QUANTA SVCS INC COM PWR	PWR	19,377	$8.2m0.51%	0.51%	Reduced -182	-182 -0.9%
80	STANLEY BLACK & DECKER INC COM SWK	SWK	107,936	$8.0m0.50%	0.50%	New
81	SERVICENOW INC COM NOW	NOW	51,454	$7.9m0.50%	0.50%	Reduced -786	-786 -1.5%
82	FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS FMX	FMX	77,656	$7.8m0.49%	0.49%	Reduced -779	-779 -1.0%
83	NIKE INC CL B NKE	NKE	123,166	$7.8m0.49%	0.49%	Added +97.2k	+97,237 375.0%
84	HDFC BANK LTD SPONSORED ADS HDB	HDB	209,953	$7.7m0.48%	0.48%	Added +29.7k	+29,746 16.5%
85	TRANSDIGM GROUP INC COM TDG	TDG	5,491	$7.3m0.46%	0.46%	New
86	QNITY ELECTRONICS INC COMMON STOCK Q	Q	86,671	$7.1m0.44%	0.44%	New
87	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	15,542	$7.0m0.44%	0.44%	Reduced -165	-165 -1.1%
88	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	62,035	$7.0m0.44%	0.44%	Reduced -4.6k	-4,640 -7.0%
89	COUPANG INC CL A CPNG	CPNG	287,616	$6.8m0.43%	0.43%	Reduced -37.8k	-37,822 -11.6%
90	ZOETIS INC CL A ZTS	ZTS	52,621	$6.6m0.42%	0.42%	Reduced -4.2k	-4,217 -7.4%
91	AON PLC SHS CL A AON	AON	17,461	$6.2m0.39%	0.39%	New
92	SAP SE SPON ADR SAP	SAP	22,828	$5.5m0.35%	0.35%	Added +22.1k	+22,058 2864.7%
93	EXXON MOBIL CORP COM XOM	XOM	44,409	$5.3m0.34%	0.34%	Reduced -379	-379 -0.8%
94	ISHARES TR CORE HIGH DV ETF HDV	HDV	43,035	$5.2m0.33%	0.33%	Reduced -558	-558 -1.3%
95	VANGUARD MALVERN FDS CORE-PLUS BD ETF VPLS	VPLS	66,218	$5.2m0.33%	0.33%	Reduced -1.4k	-1,439 -2.1%
96	CONOCOPHILLIPS COM COP	COP	52,589	$4.9m0.31%	0.31%	Reduced -769	-769 -1.4%
97	ADOBE INC COM ADBE	ADBE	14,054	$4.9m0.31%	0.31%	Reduced -7.2k	-7,169 -33.8%
98	HUBSPOT INC COM HUBS	HUBS	11,639	$4.7m0.29%	0.29%	Reduced -3.7k	-3,729 -24.3%
99	BLACKROCK INC COM BLK	BLK	4,087	$4.4m0.27%	0.27%	Reduced -2	-2 -0.1%
100	PINTEREST INC CL A PINS	PINS	162,189	$4.2m0.26%	0.26%	Reduced -110.7k	-110,653 -40.6%

Sold out since Q3 2025

Security	Ticker	Shares held before	Value then
PAYCHEX INC PAYX	PAYX	80,568	$10.2m80.6k shares
UNILEVER PLC		149,710	$8.9m149.7k shares
EQUIFAX INC EFX	EFX	2,100	$539.0k2.1k shares
WYNDHAM HOTELS & RESORTS INC WH	WH	4,076	$326.0k4.1k shares
FISERV INC FISV	FISV	2,440	$315.0k2.4k shares
CONFLUENT INC CFLT	CFLT	15,432	$306.0k15.4k shares
SIMPLY GOOD FOODS CO SMPL	SMPL	10,102	$251.0k10.1k shares
AT&T INC T	T	8,204	$232.0k8.2k shares
ISHARES INC EWA	EWA	8,579	$232.0k8.6k shares
CORTEVA INC CTVA	CTVA	3,242	$219.0k3.2k shares
COCA-COLA EUROPACIFIC PARTNE CCEP	CCEP	2,260	$204.0k2.3k shares
REPUBLIC SVCS INC RSG	RSG	875	$201.0k875 shares