Q2 2026 13F · SEC CIK 1050463

Morgan Dempsey Capital Management LLC

Wealth managerFiled 2026-08-03 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $233.4M
Reported positions: 122
Top holdings a year, 3 yrs: +12.6%
Assets under management: $252.3M

Morgan Dempsey Capital Management LLC is a wealth manager that reported 122 positions worth $233.4M in its Q2 2026 13F, filed 2026-08-03. Its largest holdings were Spdr Series Trust (BIL, 4.5%), Citigroup Inc (C, 3.8%), Cummins Inc (CMI, 3.8%). A portfolio copying its top holdings returned 12.6% a year over the last 3 years, against 20.4% for the S&P 500.

Morgan Dempsey Capital Management LLC holdings largest 50 of 122 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Morgan Dempsey Capital Management LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
BILSpdr Series Trust	4.5%	2.8%	114,108	+71.3%	$10.5M
CCitigroup Inc	3.8%	4.2%	64,124	-20.5%	$9.0M
CMICummins Inc	3.8%	3.0%	12,509	+2.9%	$8.9M
ETREntergy Corp New	3.7%	3.7%	75,458	+3.1%	$8.7M
CSCOCisco Sys Inc	3.7%	3.5%	73,393	-26.9%	$8.6M
XOMExxon Mobil Corp	3.6%	4.6%	61,676	+2.9%	$8.4M
WECWec Energy Group Inc	3.2%	3.3%	64,642	+2.9%	$7.5M
IBMInternational Business Machs	3.1%	2.3%	25,939	+23.3%	$7.3M
JNJJohnson & Johnson	3.0%	3.2%	27,812	-2.0%	$7.1M
PBAPembina Pipeline Corp	2.9%	2.9%	148,296	+3.0%	$6.9M
UPSUnited Parcel Svcs Inc	2.9%	2.2%	62,845	+27.2%	$6.8M
KOCoca Cola Co	2.8%	2.7%	81,153	+3.1%	$6.6M
GDGeneral Dynamics Corp	2.8%	2.8%	18,483	+3.3%	$6.5M
CVXChevron Corporation	2.7%	3.5%	38,597	+2.9%	$6.4M
LMTLockheed Martin Corp	2.7%	3.2%	12,207	+3.5%	$6.2M
WFCWells Fargo & Co	2.7%	2.6%	75,035	+3.2%	$6.2M
TAt&t Inc	2.6%	3.8%	294,433	+3.3%	$6.1M
OKEOneok Inc New	2.6%	2.8%	69,634	+3.7%	$6.1M
MRKMerck & Co Inc	2.5%	2.4%	44,625	+3.0%	$5.8M
PMPhilip Morris Intl Inc	2.4%	2.2%	30,150	+3.2%	$5.5M
MCDMcdonalds Corp	2.3%	2.0%	20,199	+40.7%	$5.5M
PEPPepsico Inc	2.3%	2.0%	39,911	+43.5%	$5.4M
ESEversource Energy	2.3%	2.3%	73,953	+3.1%	$5.3M
VOYAVoya Financial, Inc.	2.3%	1.3%	58,384	+44.9%	$5.3M
DUKDuke Energy Corp New	2.3%	2.4%	41,552	+3.0%	$5.3M
VZVerizon Communications Inc	2.2%	2.7%	121,911	+3.2%	$5.2M
RIORio Tinto PLC	2.2%	2.3%	53,677	+3.4%	$5.1M
CMECme Group Inc	2.1%	3.0%	22,695	+3.3%	$5.0M
SOSouthern Co	2.1%	2.2%	52,236	+3.1%	$5.0M
UNPUnion Pac Corp	2.1%	1.5%	17,834	+33.2%	$4.9M
MDTMedtronic PLC	2.1%	2.4%	61,417	+3.0%	$4.8M
PRUPrudential Finl Inc	1.9%	2.0%	41,326	-8.1%	$4.5M
TXNTexas Instrs Inc	1.8%	1.2%	14,267	+3.4%	$4.3M
CCICrown Castle Inc	1.6%	1.8%	50,708	+7.0%	$3.8M
SBUXStarbucks Corp	1.5%	1.4%	34,039	+2.9%	$3.5M
PLDPrologis Inc	1.3%	—	22,297	—	$3.0M
EGYVaalco Energy Inc	0.4%	0.5%	192,094	+4.9%	$976K
FEIMFrequency Electrs Inc	0.3%	0.2%	11,484	+5.2%	$762K
UFPTUFP Technologies Inc	0.3%	0.2%	2,851	+14.8%	$756K
DACDanaos Corp	0.3%	0.3%	5,675	+7.6%	$700K
TATTTat Technologies Ltd	0.2%	0.2%	12,091	+28.7%	$571K
ESPEspey Mfg & Electrs Corp	0.2%	0.2%	8,387	+3.6%	$568K
MDLVEa Series Trust	0.2%	0.4%	18,021	-33.5%	$553K
COHUCohu Inc	0.2%	—	6,478	—	$479K
PDEXPro-Dex Inc Colo	0.2%	0.1%	6,716	+15.6%	$394K
AMSCAmerican Superconductor Corp	0.2%	0.1%	8,819	+3.6%	$366K
BKTIBk Technologies Corporation	0.1%	0.1%	4,037	+5.1%	$347K
UCTTUltra Clean Holdings Inc	0.1%	0.1%	2,412	-53.4%	$344K
HGHamilton Insurance Group Ltd	0.1%	0.1%	9,541	+5.2%	$324K
SPSCSps Comm Inc	0.1%	—	5,515	—	$315K

What Morgan Dempsey Capital Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

BIL Spdr Series Trust+71.3% shares
VOYA Voya Financial, Inc.+44.9% shares
PEP Pepsico Inc+43.5% shares
MCD Mcdonalds Corp+40.7% shares
UNP Union Pac Corp+33.2% shares
TATT Tat Technologies Ltd+28.7% shares
UPS United Parcel Svcs Inc+27.2% shares
IBM International Business Machs+23.3% shares

Reduced

UCTT Ultra Clean Holdings Inc-53.4% shares
MDLV Ea Series Trust-33.5% shares
CSCO Cisco Sys Inc-26.9% shares
C Citigroup Inc-20.5% shares
PRU Prudential Finl Inc-8.1% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +20.7% /yr; S&P 500 +20.1%
3 years: +12.6% /yr; S&P 500 +20.4%
5 years: +7.2% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$233.4M	122
Q1 2026	$219.4M	123
Q4 2025	$205.2M	125
Q3 2025	$224.9M	131
Q2 2025	$239.3M	129
Q1 2025	$239.8M	110
Q4 2024	$248.5M	104
Q3 2024	$291.1M	99
Q2 2024	$299.6M	86
Q1 2024	$312.3M	85
Q4 2023	$326.5M	93
Q3 2023	$321.0M	93

Questions about Morgan Dempsey Capital Management LLC's portfolio

What stocks does Morgan Dempsey Capital Management LLC own?

Morgan Dempsey Capital Management LLC's latest 13F, for Q2 2026 and filed Aug 3, 2026, lists 122 positions worth $233.4M. The largest are Spdr Series Trust (BIL) at 4.5%, Citigroup Inc (C) at 3.8%, Cummins Inc (CMI) at 3.8%, Entergy Corp New (ETR) at 3.7% and Cisco Sys Inc (CSCO) at 3.7%.

What did Morgan Dempsey Capital Management LLC buy last quarter?

In Q2 2026, Morgan Dempsey Capital Management LLC added Spdr Series Trust (BIL) (+71.3% shares), Voya Financial, Inc. (VOYA) (+44.9% shares) and Pepsico Inc (PEP) (+43.5% shares), compared with its Q1 2026 filing.

What did Morgan Dempsey Capital Management LLC sell last quarter?

In Q2 2026, Morgan Dempsey Capital Management LLC cut from its top 50 Main Str Cap Corp (MAIN), cut from its top 50 General Mills Inc (GIS), cut from its top 50 Myr Group Inc Del (MYRG), Ultra Clean Holdings Inc (UCTT) (-53.4% shares), Ea Series Trust (MDLV) (-33.5% shares) and Cisco Sys Inc (CSCO) (-26.9% shares), compared with its Q1 2026 filing.

How has Morgan Dempsey Capital Management LLC's portfolio performed?

A portfolio copying Morgan Dempsey Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +20.7% against +20.1%. Over 5 years: +7.2% a year against +11.6%.

When is Morgan Dempsey Capital Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Morgan Dempsey Capital Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Morgan Dempsey Capital Management LLC manage?

Morgan Dempsey Capital Management LLC reported $252.3M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $233.4M.