1y return+16.2%S&P 500 +20.9%
3y return+32.9%S&P 500 +68.5%
5y return+26.6%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2018: $151 against $275 in the S&P 500.2
Morgan Dempsey Capital Management LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| BILState Street Spdr Blmbg1-3mtht-billetf | $10.5M | 4.5% | +71.3% |
| CCitigroup Inc | $9.0M | 3.8% | −20.5% |
| CMICummins Inc | $8.9M | 3.8% | +2.9% |
| ETREntergy Corp New | $8.7M | 3.7% | +3.1% |
| CSCOCisco Sys Inc | $8.6M | 3.7% | −26.9% |
| Exxon Mobil CorpCUSIP 30231G102 | $8.4M | 3.6% | +2.9% |
| WECWec Energy Group Inc | $7.5M | 3.2% | +2.9% |
| IBMInternational Business Machs | $7.3M | 3.1% | +23.3% |
| JNJJohnson & Johnson | $7.1M | 3.0% | −2.0% |
| PBAPembina Pipeline Corp | $6.9M | 2.9% | +3.0% |
| UPSUnited Parcel Svcs Inc | $6.8M | 2.9% | +27.2% |
| KOCoca Cola Co | $6.6M | 2.8% | +3.1% |
| GDGeneral Dynamics Corp | $6.5M | 2.8% | +3.3% |
| CVXChevron Corporation | $6.4M | 2.7% | +2.9% |
| LMTLockheed Martin Corp | $6.2M | 2.7% | +3.5% |
| WFCWells Fargo & Co | $6.2M | 2.7% | +3.2% |
| TAt&t Inc | $6.1M | 2.6% | +3.3% |
| Oneok Inc NewCUSIP 682680103 | $6.1M | 2.6% | +3.7% |
| MRKMerck & Co Inc | $5.8M | 2.5% | +3.0% |
| PMPhilip Morris Intl Inc | $5.5M | 2.4% | +3.2% |
| MCDMcdonalds Corp | $5.5M | 2.3% | +40.7% |
| PEPPepsico Inc | $5.4M | 2.3% | +43.5% |
| ESEversource Energy | $5.3M | 2.3% | +3.1% |
| VOYAVoya Financial Inc | $5.3M | 2.3% | +44.9% |
| DUKDuke Energy Corp New | $5.3M | 2.3% | +3.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| UFPTUfp Technologies Inc | June 30, 2021 | +361.7% | $756K |
| Exxon Mobil CorpCUSIP 30231G102 | June 30, 2020 | +205.7% | $8.4M |
| CMICummins Inc | December 31, 2023 | +197.7% | $8.9M |
| PMPhilip Morris Intl Inc | June 30, 2020 | +158.2% | $5.5M |
| CSCOCisco Sys Inc | June 30, 2020 | +151.8% | $8.6M |
| GDGeneral Dynamics Corp | December 31, 2020 | +138.0% | $6.5M |
| IBMInternational Business Machs | June 30, 2020 | +132.9% | $7.3M |
| CCitigroup Inc | December 31, 2021 | +131.8% | $9.0M |
| ETREntergy Corp New | June 30, 2024 | +114.7% | $8.7M |
| FEIMFrequency Electrs Inc | September 30, 2025 | +95.7% | $762K |
Sold off last quarter
- MYRGMyr Group Inc was $346K
- XLPState Street Cnsmrstpselsectspdretf was $107K
- PENGPenguin Solutions Inc was $71K
- VLGEAVillage Super Mkt Inc was $38K
- Honeywell Intl IncCUSIP 438516106 was $14K
- CWBState Street Spdra(r) Blmbg Cnvrt Secs Etf was $9,152
- PGProcter & Gamble Co was $4,767
- KHCKraft Heinz Co was $2,451
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +2.6% | +14.8% |
| March 31, 2026 | +7.3% | −4.6% |
| December 31, 2025 | +1.2% | +2.4% |
| September 30, 2025 | +4.2% | +7.8% |
| June 30, 2025 | −0.7% | +10.5% |
| March 31, 2025 | +5.9% | −4.6% |
| December 31, 2024 | −5.7% | +2.1% |
| September 30, 2024 | +10.5% | +5.4% |
| June 30, 2024 | −2.4% | +4.0% |
| March 31, 2024 | +5.4% | +10.0% |
| December 31, 2023 | +5.8% | +11.2% |
| September 30, 2023 | −4.1% | −3.6% |
| June 30, 2023 | −4.4% | +8.3% |
| March 31, 2023 | −4.2% | +7.0% |
| December 31, 2022 | +15.2% | +7.1% |
| September 30, 2022 | −10.8% | −5.3% |
| June 30, 2022 | −6.7% | −16.5% |
| March 31, 2022 | +2.2% | −4.9% |
| December 31, 2021 | +8.4% | +10.7% |
| September 30, 2021 | −2.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Morgan Dempsey Capital Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1050463&type=13F-HR&dateb=&owner=include&count=40CIK 1050463
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1050463/000194104026000498/Filed August 3, 2026 · accession 0001941040-26-000498