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 Brcy1-3 Ser (BIL, 4.5%), Citigroup Inc Com New (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 Brcy1-3 Ser	4.5%	2.8%	114,108	+71.3%	$10.5M
CCitigroup Inc Com New	3.8%	4.2%	64,124	-20.5%	$9.0M
CMICummins Inc	3.8%	3.0%	12,509	+2.9%	$8.9M
ETREntergy Corp.	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 Cl B	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 Corp New	2.7%	3.5%	38,597	+2.9%	$6.4M
LMTLockheed Martin Corp Com	2.7%	3.2%	12,207	+3.5%	$6.2M
WFCWells Fargo Co New	2.7%	2.6%	75,035	+3.2%	$6.2M
TAt&t Inc Com	2.6%	3.8%	294,433	+3.3%	$6.1M
OKEOneok Inc	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 Com	2.4%	2.2%	30,150	+3.2%	$5.5M
MCDMcdonalds Corp Com	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	2.3%	2.4%	41,552	+3.0%	$5.3M
VZVerizon Communications Inc Com	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 Com	1.9%	2.0%	41,326	-8.1%	$4.5M
TXNTexas Instruments 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 Com	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 Corporation	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
MDLVMorgan Dempsey Large Cap Value ETF	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 Hldgs 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 Brcy1-3 Ser+71.3% shares
VOYA Voya Financial Inc+44.9% shares
PEP Pepsico Inc+43.5% shares
MCD Mcdonalds Corp Com+40.7% shares
UNP Union Pac Corp+33.2% shares
TATT Tat Technologies Ltd+28.7% shares
UPS United Parcel Svcs Inc Cl B+27.2% shares
IBM International Business Machs+23.3% shares

Reduced

UCTT Ultra Clean Hldgs Inc-53.4% shares
MDLV Morgan Dempsey Large Cap Value ETF-33.5% shares
CSCO Cisco Sys Inc-26.9% shares
C Citigroup Inc Com New-20.5% shares
PRU Prudential Finl Inc Com-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 and rebuilt each quarter on the day the filing became public. 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 Brcy1-3 Ser (BIL) at 4.5%, Citigroup Inc Com New (C) at 3.8%, Cummins Inc (CMI) at 3.8%, Entergy Corp. (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 Brcy1-3 Ser (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 MainStreet Capital Corp (MAIN), cut from its top 50 General Mills Inc (GIS), cut from its top 50 MYR Group Inc. (MYRG), Ultra Clean Hldgs Inc (UCTT) (-53.4% shares), Morgan Dempsey Large Cap Value ETF (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.