RMR Capital Management

Tustin, CAfiles as RMR Capital Management, LLC

$145m in 76 US stocks at the end of 30 June 2026. The top 10 are 49.7% of the money. It changed about 5.0% of the portfolio this quarter.

Value

$145m

Stocks

Top 10 share

49.7%

Turnover

5.0%

What changed this quarter

New

Bought for the first time this quarter.

Arthur J. GallagherAJG
0.3% of the fund
Glass House BrandsGLAS
0.3% of the fund
Ishares TRIJH
0.2% of the fund

Added

Bought more of a stock they already held.

Invesco Exchange Traded FD TRSP
3.7% of the fund
+3%
Sixth Street Specialty LendingTSLX
3.4% of the fund
+12%
AB Active EtfsSYFI
3.0% of the fund
+9%
Spdr Series TrustSPSM
2.5% of the fund
+4%
Blackrock ETF Trust IIBINC
2.3% of the fund
+12%
Vanguard Scottsdale FDSVCIT
1.7% of the fund
+6%
Ishares TRQUAL
1.6% of the fund
+2%
Pimco ETF TRPYLD
1.5% of the fund
+18%
Invesco Exchange Traded FD TRPV
1.2% of the fund
+7%
Sky Harbour GroupSKYH
0.9% of the fund
+8%
LiquidiaLQDA
0.6% of the fund
+40%
Brown & BrownBRO
0.4% of the fund
+97%
HireQuestHQI
0.3% of the fund
+20%
Vanguard Index FDSVOO
0.2% of the fund
+4%

Cut

Sold some of their stake.

Ishares TRSGOV
8.4% of the fund
-16%
WalmartWMT
1.5% of the fund
-4%
AlphabetGOOG
1.3% of the fund
-7%
AppleAAPL
1.0% of the fund
-17%
Abbott LaboratoriesABT
0.4% of the fund
-16%
NelnetNNI
0.4% of the fund
-3%
State STR Spdr S&P 500 ETF TSPY
0.4% of the fund
-13%
Ishares TRISCV
0.2% of the fund
-4%

Sold out

Sold their entire stake.

CoupangCPNG
-100%
Fidelity Wise Origin BitcoinFBTC
-100%

Holdings

Berkshire HathawayBRK-B
Share
17.3%
Value
$25m
Shares
50,103
Held
Ishares TRSGOV
Share
8.4%
Value
$12m
Shares
121,605
-16%
AlphabetGOOGL
Share
4.1%
Value
$6m
Shares
16,703
Held
Invesco Exchange Traded FD TRSP
Share
3.7%
Value
$5m
Shares
25,080
+3%
Sixth Street Specialty LendingTSLX
Share
3.4%
Value
$5m
Shares
283,579
+12%
AB Active EtfsSYFI
Share
3.0%
Value
$4m
Shares
123,615
+9%
Berkshire Hathaway INC DELBRK-A
Share
2.6%
Value
$4m
Shares
5
Held
Spdr Series TrustSPSM
Share
2.5%
Value
$4m
Shares
63,792
+4%
Pathward FinancialCASH
Share
2.3%
Value
$3m
Shares
39,077
Held
Costco WholesaleCOST
Share
2.3%
Value
$3m
Shares
3,627
Held
Blackrock ETF Trust IIBINC
Share
2.3%
Value
$3m
Shares
62,992
+12%
ST JOEJOE
Share
1.9%
Value
$3m
Shares
42,964
Held
Ishares TRPFF
Share
1.8%
Value
$3m
Shares
87,427
Held
Vanguard Index FDSVOE
Share
1.8%
Value
$3m
Shares
12,967
Held
Vanguard Index FDSVBR
Share
1.7%
Value
$2m
Shares
10,260
Held
RTXRTX
Share
1.7%
Value
$2m
Shares
13,059
Held
Vanguard Scottsdale FDSVCIT
Share
1.7%
Value
$2m
Shares
29,427
+6%
Ishares TRQUAL
Share
1.6%
Value
$2m
Shares
10,920
+2%
AbbVieABBV
Share
1.6%
Value
$2m
Shares
9,212
Held
Pimco ETF TRPYLD
Share
1.5%
Value
$2m
Shares
84,032
+18%
Vanguard Index FDSVO
Share
1.5%
Value
$2m
Shares
27,068
Held
Johnson & JohnsonJNJ
Share
1.5%
Value
$2m
Shares
8,472
Held
WalmartWMT
Share
1.5%
Value
$2m
Shares
18,834
-4%
American ExpressAXP
Share
1.5%
Value
$2m
Shares
6,260
Held
AlphabetGOOG
Share
1.3%
Value
$2m
Shares
5,280
-7%
JPMorgan ChaseJPM
Share
1.3%
Value
$2m
Shares
5,677
Held
Invesco Exchange Traded FD TRPV
Share
1.2%
Value
$2m
Shares
15,388
+7%
Goldman Sachs GroupGS
Share
1.2%
Value
$2m
Shares
1,696
Held
McDonald'sMCD
Share
1.1%
Value
$2m
Shares
6,039
Held
Charles SchwabSCHW
Share
1.1%
Value
$2m
Shares
16,845
Held
MicrosoftMSFT
Share
1.1%
Value
$2m
Shares
4,107
Held
VisaV
Share
1.0%
Value
$1m
Shares
4,362
Held
AppleAAPL
Share
1.0%
Value
$1m
Shares
5,006
-17%
Sky Harbour GroupSKYH
Share
0.9%
Value
$1m
Shares
131,468
+8%
Amazon.comAMZN
Share
0.8%
Value
$1m
Shares
5,129
Held
Spdr Gold TRGLD
Share
0.8%
Value
$1m
Shares
3,231
Held
General DynamicsGD
Share
0.8%
Value
$1m
Shares
3,357
Held
Ishares TRIVV
Share
0.8%
Value
$1m
Shares
1,498
Held
CSXCSX
Share
0.8%
Value
$1m
Shares
23,208
Held
Ishares TRIGLB
Share
0.7%
Value
$1m
Shares
21,477
Held
First TR Exchange-Traded ALPFTA
Share
0.7%
Value
$1m
Shares
11,090
Held
Alps ETF TRBFOR
Share
0.7%
Value
$1m
Shares
11,107
Held
Ishares TRHYBB
Share
0.6%
Value
$883,499
Shares
18,890
Held
LiquidiaLQDA
Share
0.6%
Value
$830,388
Shares
10,415
+40%
NvidiaNVDA
Share
0.5%
Value
$697,714
Shares
3,487
Held
Brown & BrownBRO
Share
0.4%
Value
$621,742
Shares
9,692
+97%
Abbott LaboratoriesABT
Share
0.4%
Value
$600,064
Shares
6,613
-16%
Coca-ColaKO
Share
0.4%
Value
$565,395
Shares
6,957
Held
NelnetNNI
Share
0.4%
Value
$563,053
Shares
4,223
-3%
State STR Spdr S&P 500 ETF TSPY
Share
0.4%
Value
$560,927
Shares
751
-13%
Spdr Series TrustSPLB
Share
0.4%
Value
$536,950
Shares
23,971
Held
ChubbCB
Share
0.3%
Value
$451,481
Shares
1,325
Held
Ishares TRITA
Share
0.3%
Value
$450,901
Shares
1,860
Held
HireQuestHQI
Share
0.3%
Value
$447,312
Shares
35,614
+20%
Vanguard Whitehall FDSVYM
Share
0.3%
Value
$417,673
Shares
2,643
Held
Wisdomtree TRDTD
Share
0.3%
Value
$410,286
Shares
4,400
Held
Ishares TRIJR
Share
0.3%
Value
$404,738
Shares
2,729
Held
MGM Resorts InternationalMGM
Share
0.3%
Value
$401,891
Shares
8,406
Held
Arthur J. GallagherAJG
Share
0.3%
Value
$393,713
Shares
1,715
New
Glass House BrandsGLAS
Share
0.3%
Value
$374,439
Shares
28,803
New
Markel GroupMKL
Share
0.3%
Value
$363,260
Shares
186
Held
PaychexPAYX
Share
0.2%
Value
$344,745
Shares
3,506
Held
Ishares TRIWD
Share
0.2%
Value
$308,613
Shares
1,273
Held
American International GroupAIG
Share
0.2%
Value
$303,263
Shares
4,069
Held
Vanguard Index FDSVOO
Share
0.2%
Value
$277,001
Shares
403
+4%
AmrizeAMRZ
Share
0.2%
Value
$274,655
Shares
5,153
Held
Ishares TRISCV
Share
0.2%
Value
$273,018
Shares
3,486
-4%
Vanguard Intl Equity Index FVGK
Share
0.2%
Value
$265,531
Shares
2,999
Held
Simpson ManufacturingSSD
Share
0.2%
Value
$264,409
Shares
1,263
Held
Schwab Strategic TRSCHB
Share
0.2%
Value
$234,228
Shares
8,088
Held
Ishares TRIJH
Share
0.2%
Value
$222,462
Shares
2,885
New
Reaves Utility Income FundUTG
Share
0.2%
Value
$218,789
Shares
5,373
Held
Palantir TechnologiesPLTR
Share
0.1%
Value
$217,823
Shares
1,867
Held
Canadian Natural ResourcesCNQ
Share
0.1%
Value
$207,059
Shares
5,242
Held
Northrop GrummanNOC
Share
0.1%
Value
$203,215
Shares
399
Held
Mondelez InternationalMDLZ
Share
0.1%
Value
$202,961
Shares
3,509
Held

Company	Share of fund	Value	Shares	Change
Berkshire HathawayBRK-B	17.3%	$25m	50,103	Held
Ishares TRSGOV	8.4%	$12m	121,605	-16%
AlphabetGOOGL	4.1%	$6m	16,703	Held
Invesco Exchange Traded FD TRSP	3.7%	$5m	25,080	+3%
Sixth Street Specialty LendingTSLX	3.4%	$5m	283,579	+12%
AB Active EtfsSYFI	3.0%	$4m	123,615	+9%
Berkshire Hathaway INC DELBRK-A	2.6%	$4m	5	Held
Spdr Series TrustSPSM	2.5%	$4m	63,792	+4%
Pathward FinancialCASH	2.3%	$3m	39,077	Held
Costco WholesaleCOST	2.3%	$3m	3,627	Held
Blackrock ETF Trust IIBINC	2.3%	$3m	62,992	+12%
ST JOEJOE	1.9%	$3m	42,964	Held
Ishares TRPFF	1.8%	$3m	87,427	Held
Vanguard Index FDSVOE	1.8%	$3m	12,967	Held
Vanguard Index FDSVBR	1.7%	$2m	10,260	Held
RTXRTX	1.7%	$2m	13,059	Held
Vanguard Scottsdale FDSVCIT	1.7%	$2m	29,427	+6%
Ishares TRQUAL	1.6%	$2m	10,920	+2%
AbbVieABBV	1.6%	$2m	9,212	Held
Pimco ETF TRPYLD	1.5%	$2m	84,032	+18%
Vanguard Index FDSVO	1.5%	$2m	27,068	Held
Johnson & JohnsonJNJ	1.5%	$2m	8,472	Held
WalmartWMT	1.5%	$2m	18,834	-4%
American ExpressAXP	1.5%	$2m	6,260	Held
AlphabetGOOG	1.3%	$2m	5,280	-7%
JPMorgan ChaseJPM	1.3%	$2m	5,677	Held
Invesco Exchange Traded FD TRPV	1.2%	$2m	15,388	+7%
Goldman Sachs GroupGS	1.2%	$2m	1,696	Held
McDonald'sMCD	1.1%	$2m	6,039	Held
Charles SchwabSCHW	1.1%	$2m	16,845	Held
MicrosoftMSFT	1.1%	$2m	4,107	Held
VisaV	1.0%	$1m	4,362	Held
AppleAAPL	1.0%	$1m	5,006	-17%
Sky Harbour GroupSKYH	0.9%	$1m	131,468	+8%
Amazon.comAMZN	0.8%	$1m	5,129	Held
Spdr Gold TRGLD	0.8%	$1m	3,231	Held
General DynamicsGD	0.8%	$1m	3,357	Held
Ishares TRIVV	0.8%	$1m	1,498	Held
CSXCSX	0.8%	$1m	23,208	Held
Ishares TRIGLB	0.7%	$1m	21,477	Held
First TR Exchange-Traded ALPFTA	0.7%	$1m	11,090	Held
Alps ETF TRBFOR	0.7%	$1m	11,107	Held
Ishares TRHYBB	0.6%	$883,499	18,890	Held
LiquidiaLQDA	0.6%	$830,388	10,415	+40%
NvidiaNVDA	0.5%	$697,714	3,487	Held
Brown & BrownBRO	0.4%	$621,742	9,692	+97%
Abbott LaboratoriesABT	0.4%	$600,064	6,613	-16%
Coca-ColaKO	0.4%	$565,395	6,957	Held
NelnetNNI	0.4%	$563,053	4,223	-3%
State STR Spdr S&P 500 ETF TSPY	0.4%	$560,927	751	-13%
Spdr Series TrustSPLB	0.4%	$536,950	23,971	Held
ChubbCB	0.3%	$451,481	1,325	Held
Ishares TRITA	0.3%	$450,901	1,860	Held
HireQuestHQI	0.3%	$447,312	35,614	+20%
Vanguard Whitehall FDSVYM	0.3%	$417,673	2,643	Held
Wisdomtree TRDTD	0.3%	$410,286	4,400	Held
Ishares TRIJR	0.3%	$404,738	2,729	Held
MGM Resorts InternationalMGM	0.3%	$401,891	8,406	Held
Arthur J. GallagherAJG	0.3%	$393,713	1,715	New
Glass House BrandsGLAS	0.3%	$374,439	28,803	New
Markel GroupMKL	0.3%	$363,260	186	Held
PaychexPAYX	0.2%	$344,745	3,506	Held
Ishares TRIWD	0.2%	$308,613	1,273	Held
American International GroupAIG	0.2%	$303,263	4,069	Held
Vanguard Index FDSVOO	0.2%	$277,001	403	+4%
AmrizeAMRZ	0.2%	$274,655	5,153	Held
Ishares TRISCV	0.2%	$273,018	3,486	-4%
Vanguard Intl Equity Index FVGK	0.2%	$265,531	2,999	Held
Simpson ManufacturingSSD	0.2%	$264,409	1,263	Held
Schwab Strategic TRSCHB	0.2%	$234,228	8,088	Held
Ishares TRIJH	0.2%	$222,462	2,885	New
Reaves Utility Income FundUTG	0.2%	$218,789	5,373	Held
Palantir TechnologiesPLTR	0.1%	$217,823	1,867	Held
Canadian Natural ResourcesCNQ	0.1%	$207,059	5,242	Held
Northrop GrummanNOC	0.1%	$203,215	399	Held
Mondelez InternationalMDLZ	0.1%	$202,961	3,509	Held

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 3.8% since 30 June 2025.

Where the money is

Financial services27.5%

Media & telecom5.4%

Everyday goods4.3%

Health care4.3%

Industrials3.8%

Technology3.0%

Real estate2.7%

Retail & consumer2.2%

Materials0.2%

Energy0.1%

Other46.3%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.