Maryland Capital Management 13F annual report

Maryland Capital Management is an investment fund managing more than $1.19 billion ran by Doug Mcclean. There are currently 174 companies in Mr. Mcclean’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $137 million.

Limited to 30 biggest holdings

$1.19 billion Assets Under Management (AUM)

As of 7th November 2022, Maryland Capital Management’s top holding is 529,433 shares of Apple Inc currently worth over $73.2 million and making up 6.1% of the portfolio value. Relative to the number of outstanding shares of Apple Inc, Maryland Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 274,004 shares of Microsoft worth $63.8 million, whose value fell approximately 0.1% in the past six months. The third-largest holding is Amazon.com worth $54.4 million and the next is Unitedhealth Inc worth $52.5 million, with 104,026 shares owned.

Currently, Maryland Capital Management's portfolio is worth at least $1.19 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Maryland Capital Management

The Maryland Capital Management office and employees reside in Towson, Maryland. According to the last 13-F report filed with the SEC, Doug Mcclean serves as the Director of Technology & Performance at Maryland Capital Management.

Recent trades

In the most recent 13F filing, Maryland Capital Management revealed that it had opened a new position in Elevance Health Inc and bought 10,361 shares worth $4.71 million.

The investment fund also strengthened its position in Amazon.com by buying 27,889 additional shares. This makes their stake in Amazon.com total 481,042 shares worth $54.4 million. Amazon.com dropped approximately 0.1% in the past year.

On the other hand, there are companies that Maryland Capital Management is getting rid of from its portfolio. Maryland Capital Management closed its position in Ii-Vi on 14th November 2022. It sold the previously owned 6,241 shares for $318 thousand. Doug Mcclean also disclosed a decreased stake in Apple Inc by approximately 0.1%. This leaves the value of the investment at $73.2 million and 529,433 shares.

One of the average hedge funds

The two most similar investment funds to Maryland Capital Management are Osborne Partners Capital Management and Francisco Partners Management, L.P.. They manage $1.19 billion and $1.2 billion respectively.


Doug Mcclean investment strategy

Maryland Capital Management’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 17.1% of the total portfolio value. The fund focuses on investments in the United States as 55.7% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 44% of the total holdings value. On the other hand, small-cap stocks make up only 1.7% of the portfolio. The average market cap of the portfolio companies is close to $179 billion.

The complete list of Maryland Capital Management trades based on 13F SEC filings

These positions were updated on November 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Apple Inc
0.17%
529,433
$73,168,000 6.13%
Microsoft Corporation
0.80%
274,004
$63,816,000 5.35%
Amazon.com Inc.
6.15%
481,042
$54,358,000 4.56%
Unitedhealth Group Inc
5.28%
104,026
$52,537,000 4.40%
Mastercard Incorporated
0.76%
153,692
$43,701,000 3.66%
IQVIA Holdings Inc
0.71%
199,750
$36,183,000 3.03%
Alphabet Inc
1,869.48%
570,303
$54,650,000 4.58%
Epam Sys Inc
4.08%
90,580
$32,807,000 2.75%
Five Below Inc
1.41%
221,127
$30,443,000 2.55%
Monster Beverage Corp.
5.86%
270,115
$23,489,000 1.97%
Edwards Lifesciences Corp
0.99%
281,700
$23,277,000 1.95%
Pepsico Inc
0.32%
142,437
$23,254,000 1.95%
Schwab Charles Corp
0.23%
299,240
$21,506,000 1.80%
Paycom Software Inc
2.53%
64,199
$21,185,000 1.78%
Blackrock Inc.
9.38%
34,892
$19,200,000 1.61%
Intuitive Surgical Inc
0.47%
102,025
$19,124,000 1.60%
PayPal Holdings Inc
3.08%
211,395
$18,195,000 1.52%
Abbott Labs
2.29%
185,019
$17,903,000 1.50%
Salesforce Inc
0.67%
123,944
$17,828,000 1.49%
Disney Walt Co
1.90%
169,093
$15,951,000 1.34%
Home Depot, Inc.
1.19%
57,323
$15,818,000 1.33%
Chevron Corp.
9.22%
102,366
$14,707,000 1.23%
Abbvie Inc
0.66%
105,285
$14,130,000 1.18%
TREX Co., Inc.
1.24%
320,513
$14,084,000 1.18%
Vanguard Index Fds
0.18%
227,044
$32,173,000 2.70%
Adobe Systems Incorporated
1.55%
48,713
$13,406,000 1.12%
CVS Health Corp
16.26%
139,522
$13,306,000 1.12%
Johnson & Johnson
4.09%
80,314
$13,120,000 1.10%
Generac Holdings Inc
3.25%
72,906
$12,987,000 1.09%
Procter And Gamble Co
0.43%
102,321
$12,918,000 1.08%
Mcdonalds Corp
4.15%
55,735
$12,860,000 1.08%
Advanced Micro Devices Inc.
0.33%
198,772
$12,594,000 1.06%
Meta Platforms Inc
10.54%
91,940
$12,474,000 1.05%
Lockheed Martin Corp.
8.48%
30,093
$11,624,000 0.97%
Visa Inc
12.94%
65,289
$11,599,000 0.97%
Duke Energy Corp.
1.09%
118,333
$11,007,000 0.92%
Verizon Communications Inc
1.03%
279,477
$10,611,000 0.89%
The Southern Co.
0.04%
154,385
$10,499,000 0.88%
Pfizer Inc.
0.02%
236,092
$10,332,000 0.87%
Bk Of America Corp
16.65%
335,386
$10,128,000 0.85%
Merck & Co Inc
8.75%
112,477
$9,687,000 0.81%
JPMorgan Chase & Co.
33.79%
90,885
$9,497,000 0.80%
Target Corp
0.93%
63,558
$9,432,000 0.79%
Emerson Elec Co
3.47%
126,513
$9,264,000 0.78%
Spdr S&p 500 Etf Tr
0.99%
24,259
$8,665,000 0.73%
Crown Castle Inc
0.32%
59,216
$8,560,000 0.72%
Welltower Inc.
4.17%
119,466
$7,685,000 0.64%
Vanguard Tax-managed Fds
1.72%
209,262
$7,609,000 0.64%
Paychex Inc.
1.73%
63,059
$7,076,000 0.59%
Sysco Corp.
9.98%
96,960
$6,856,000 0.57%
NextEra Energy Inc
0.93%
85,490
$6,704,000 0.56%
Cisco Sys Inc
0.97%
166,724
$6,669,000 0.56%
Truist Finl Corp
9.59%
151,006
$6,575,000 0.55%
Broadcom Inc.
0.09%
14,355
$6,374,000 0.53%
Exxon Mobil Corp.
2.26%
66,878
$5,839,000 0.49%
Corning, Inc.
1.28%
170,488
$4,948,000 0.41%
Kinder Morgan Inc
11.80%
293,094
$4,877,000 0.41%
Digital Rlty Tr Inc
1.84%
48,834
$4,843,000 0.41%
Ishares Tr
3.16%
415,768
$33,819,000 2.83%
Elevance Health Inc
Opened
10,361
$4,706,000 0.39%
International Business Machs
34.10%
39,109
$4,646,000 0.39%
Vanguard Intl Equity Index F
4.96%
123,434
$4,504,000 0.38%
Apollo Global Mgmt Inc
0.86%
93,681
$4,357,000 0.37%
Illinois Tool Wks Inc
3.68%
22,095
$3,992,000 0.33%
Lilly Eli & Co
0.83%
9,694
$3,135,000 0.26%
Danaher Corp.
0.56%
8,992
$2,323,000 0.19%
Walmart Inc
2.12%
15,956
$2,069,000 0.17%
Berkshire Hathaway Inc.
6.07%
6,935
$1,852,000 0.16%
Spdr Gold Tr
No change
10,900
$1,686,000 0.14%
Costco Whsl Corp New
0.62%
3,509
$1,657,000 0.14%
Vanguard World Fds
0.44%
4,791
$1,473,000 0.12%
Spdr S&p Midcap 400 Etf Tr
2.05%
3,590
$1,442,000 0.12%
NVIDIA Corp
19.35%
11,065
$1,343,000 0.11%
Spdr Ser Tr
0.03%
23,736
$1,572,000 0.13%
AMGEN Inc.
75.85%
5,796
$1,306,000 0.11%
ServiceNow Inc
20.91%
3,163
$1,194,000 0.10%
Vanguard Malvern Fds
5.30%
24,342
$1,171,000 0.10%
Starbucks Corp.
0.55%
13,620
$1,148,000 0.10%
Trade Desk Inc
6.22%
19,142
$1,144,000 0.10%
Texas Instrs Inc
8.26%
6,951
$1,076,000 0.09%
Blackstone Inc
4.43%
12,514
$1,047,000 0.09%
Lowes Cos Inc
5.94%
5,540
$1,040,000 0.09%
Oracle Corp.
No change
16,751
$1,023,000 0.09%
Analog Devices Inc.
14.27%
6,610
$921,000 0.08%
Vanguard Whitehall Fds
9.37%
9,516
$903,000 0.08%
Union Pac Corp
No change
4,608
$898,000 0.08%
Heico Corp.
1.43%
10,768
$1,329,000 0.11%
Tesla Inc
206.44%
3,187
$845,000 0.07%
Vanguard Specialized Funds
No change
6,219
$841,000 0.07%
CSX Corp.
No change
30,689
$818,000 0.07%
McCormick & Co., Inc.
No change
21,387
$1,544,000 0.13%
Intel Corp.
17.44%
31,001
$799,000 0.07%
Comcast Corp New
60.49%
26,036
$764,000 0.06%
Qualys Inc
0.45%
5,479
$764,000 0.06%
Sandy Spring Bancorp
No change
21,376
$754,000 0.06%
Raytheon Technologies Corporation
2.41%
9,154
$749,000 0.06%
Schwab Strategic Tr
6.56%
23,294
$1,019,000 0.09%
Goldman Sachs Group, Inc.
2.72%
2,455
$719,000 0.06%
Dominion Energy Inc
1.81%
10,334
$714,000 0.06%
Tjx Cos Inc New
0.37%
11,466
$712,000 0.06%
Colgate-Palmolive Co.
0.51%
9,815
$690,000 0.06%
United Parcel Service, Inc.
4.81%
4,163
$672,000 0.06%
Oreilly Automotive Inc
No change
935
$658,000 0.06%
Conocophillips
3.22%
6,197
$634,000 0.05%
Advisorshares Tr
No change
15,300
$629,000 0.05%
Fiserv, Inc.
35.49%
6,585
$616,000 0.05%
Stryker Corp.
0.66%
3,010
$610,000 0.05%
Vanguard World Fd
No change
13,775
$598,000 0.05%
Eaton Corp Plc
0.56%
4,402
$587,000 0.05%
Thermo Fisher Scientific Inc.
72.39%
1,155
$586,000 0.05%
Honeywell International Inc
8.43%
3,324
$555,000 0.05%
Arch Cap Group Ltd
No change
12,100
$551,000 0.05%
Accenture Plc Ireland
25.25%
2,138
$550,000 0.05%
Fabrinet
No change
5,711
$545,000 0.05%
Axon Enterprise Inc
No change
4,697
$544,000 0.05%
Qualcomm, Inc.
6.04%
4,479
$506,000 0.04%
American Intl Group Inc
No change
10,666
$506,000 0.04%
CyberArk Software Ltd
No change
3,351
$502,000 0.04%
Gallagher Arthur J & Co
No change
2,922
$500,000 0.04%
Coca-Cola Co
0.58%
8,836
$495,000 0.04%
Kimberly-Clark Corp.
No change
4,251
$478,000 0.04%
First Tr Exchange-traded Fd
No change
3,530
$466,000 0.04%
Globant S.A.
No change
2,469
$462,000 0.04%
Bristol-Myers Squibb Co.
7.15%
6,495
$462,000 0.04%
Becton Dickinson & Co
No change
1,957
$436,000 0.04%
Spdr Dow Jones Indl Average
No change
1,507
$433,000 0.04%
Select Sector Spdr Tr
1.86%
18,647
$1,886,000 0.16%
Pnc Finl Svcs Group Inc
No change
2,798
$418,000 0.04%
3M Co.
65.34%
3,785
$418,000 0.04%
Staar Surgical Co.
No change
5,788
$408,000 0.03%
Cigna Corp.
1.71%
1,438
$399,000 0.03%
American Express Co.
0.58%
2,927
$395,000 0.03%
Axcelis Technologies Inc
No change
6,510
$394,000 0.03%
Visteon Corp.
No change
3,685
$391,000 0.03%
Netflix Inc.
15.76%
1,653
$389,000 0.03%
Medpace Holdings Inc
7.61%
2,334
$367,000 0.03%
Philip Morris International Inc
No change
4,367
$363,000 0.03%
Fox Factory Hldg Corp
No change
4,569
$361,000 0.03%
Caterpillar Inc.
33.56%
2,108
$346,000 0.03%
Veeco Instrs Inc Del
No change
18,549
$340,000 0.03%
Invesco Exch Traded Fd Tr Ii
No change
9,531
$541,000 0.05%
Pimco Etf Tr
41.07%
3,300
$326,000 0.03%
Ii-Vi Inc.
Closed
6,241
$318,000
Boeing Co.
7.31%
2,599
$315,000 0.03%
Pacira BioSciences Inc
No change
5,829
$310,000 0.03%
Automatic Data Processing In
Opened
1,359
$307,000 0.03%
Vanguard Mun Bd Fds
Closed
6,067
$303,000
Everbridge Inc
No change
9,785
$302,000 0.03%
Fastenal Co.
No change
6,302
$290,000 0.02%
Essential Utils Inc
Opened
6,951
$288,000 0.02%
Price T Rowe Group Inc
15.86%
2,706
$284,000 0.02%
Markel Corp
No change
256
$278,000 0.02%
Us Bancorp Del
No change
6,788
$274,000 0.02%
SiTime Corp
Closed
1,668
$272,000
Semtech Corp.
Closed
4,937
$271,000
Summit Finl Group Inc
No change
10,000
$269,000 0.02%
Norfolk Southn Corp
No change
1,281
$269,000 0.02%
Dollar Gen Corp New
No change
1,115
$267,000 0.02%
Waste Mgmt Inc Del
0.06%
1,651
$264,000 0.02%
Marriott Intl Inc New
No change
1,865
$261,000 0.02%
Sprout Social, Inc.
No change
4,009
$243,000 0.02%
Fedex Corp
Opened
1,608
$239,000 0.02%
Vanguard Scottsdale Fds
50.86%
3,151
$238,000 0.02%
Yum Brands Inc.
Closed
2,075
$236,000
Ishares Tr
Opened
2,300
$236,000 0.02%
Medtronic Plc
Closed
2,612
$234,000
Ishares Gold Tr
Closed
6,689
$229,000
XPEL Inc
Opened
3,542
$228,000 0.02%
Lumentum Holdings Inc
No change
3,298
$226,000 0.02%
Ishares Tr
Closed
1,087
$224,000
Malibu Boats Inc
Closed
4,098
$216,000
Wingstop Inc
Closed
2,862
$214,000
Taiwan Semiconductor Mfg Ltd
Closed
2,609
$213,000
Schwab Strategic Tr
Opened
7,550
$212,000 0.02%
Perficient Inc.
No change
3,242
$211,000 0.02%
Azek Co Inc
61.26%
12,603
$209,000 0.02%
Rapid7 Inc
Closed
3,126
$209,000
Consolidated Edison, Inc.
No change
2,405
$206,000 0.02%
Pulte Group Inc
No change
5,500
$206,000 0.02%
Corporate Office Pptys Tr
No change
8,845
$205,000 0.02%
AT&T Inc.
15.35%
13,250
$203,000 0.02%
Ppg Inds Inc
Closed
1,764
$202,000
Kratos Defense & Sec Solutio
14.06%
15,275
$155,000 0.01%
Nuveen Quality Muncp Income
6.73%
13,849
$152,000 0.01%
Cryo-cell Intl Inc
No change
19,563
$119,000 0.01%
Rocket Lab Usa Inc
Opened
14,000
$57,000 0.00%
Comscore Inc.
No change
12,000
$20,000 0.00%
No transactions found
Showing first 500 out of 187 holdings