Capital Management Associates Portfolio Changes in Q3 2026

Capital Management Associates, a prominent investor, has updated its portfolio holdings for the quarter ending September 30, 2026. The firm's total portfolio value stands at $75.57 million, reflecting its investment strategy across various sectors.

Among the most significant changes this quarter are several new positions and substantial additions. The investor notably purchased shares of the BITCOIN Trust ETF (IBIT), increasing its stake by 100%. This position now represents 0.56% of the portfolio. Similarly, the SOLANA Staking ETF (BSOL) was added with a 100% increase in shares, contributing 0.53% to the portfolio.

Capital Management Associates also showed strong interest in exchange-traded funds (ETFs) focused on specific sectors. The firm acquired a 100% stake in the Financial Select Sector SPDR ETF (XLF), adding 22,000 shares valued at $1,174,800. Furthermore, the Biotechnology ETF (IBB) was added with a significant 75% increase in shares, boosting its portfolio allocation to 1.94%. The SPACE EXPLORATION TECHN ETF (SPCX) also saw a 100% increase in shares, adding another 1.45% allocation.

In addition to ETFs, the investor made notable purchases of individual stocks. Capital Management Associates increased its position in Bank of America Corp (BAC) by 500%, adding 12,000 shares worth $653,160. This brings the total value of BAC to $653,160, representing a 0.86% allocation. The firm also bought shares of ExxonMobil Holdings Corp (XOM), increasing its stake by 45.19% through the addition of 4,000 shares, now holding 12,852 shares valued at $2,091,663 (2.75% allocation).

Conversely, the investor reduced its exposure in certain areas. Bloom Energy Corp Com CL A (BE), previously a top holding, saw a 9.5% decrease in shares, reducing its allocation from 5.91% to 5.91% (though the value remains the same due to price appreciation). The firm also sold its entire position in Wal-Mart Inc Com (WMT), which decreased by 31.53% in shares, reducing its allocation from 2.08% to 2.08% (the value dropped significantly due to the share reduction).

Overall, Capital Management Associates demonstrated a focus on growth areas like Technology and Financial Services through ETF additions, while also diversifying into sectors such as Energy and Biotechnology. The portfolio maintains a broad allocation across 10 sectors, with Technology being the largest sector allocation at 28.9%.