Kendall Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Stryker Corporation	COM	863667101	273	1,300	SH		SOLE		0	0	1,300
Newmark Group Inc Class A	CL A	65158N102	192	14,252	SH		SOLE		0	0	14,252
Danaher Corporation	COM	235851102	300	1,955	SH		SOLE		0	0	1,955
Moody'S Corporation	COM	615369105	379	1,595	SH		SOLE		0	0	1,595
O'Reilly Automotive, Inc.	COM	67103H107	761	1,737	SH		SOLE		0	0	1,737
Astrazeneca Plc	SPONSORED ADR	046353108	256	5,135	SH		SOLE		0	0	5,135
Tyson Foods, Inc.	CL A	902494103	275	3,025	SH		SOLE		0	0	3,025
Verizon Communications	COM	92343V104	336	5,478	SH		SOLE		0	0	5,478
Phillips 66 Partners Lp	COM UNIT REP INT	718549207	247	4,000	SH		SOLE		0	0	4,000
Truist Financial Corp	COM	89832Q109	320	5,683	SH		SOLE		0	0	5,683
Capital Bancorp Inc MD	COM	168565109	1,324	88,894	SH		SOLE		0	0	88,894
Texas Instruments Incorporated	COM	882508104	277	2,158	SH		SOLE		0	0	2,158
Navient Corp	COM	63938C108	211	15,425	SH		SOLE		0	0	15,425
Darling Ingredients Inc	COM	237266101	450	16,035	SH		SOLE		0	0	16,035
At&T Inc.	COM	00206R102	385	9,845	SH		SOLE		0	0	9,845
Metlife, Inc.	COM	59156R108	257	5,035	SH		SOLE		0	0	5,035
Planet Fitness Inc	CL A	72703H101	339	4,545	SH		SOLE		0	0	4,545
Penn National Gaming, Inc.	COM	707569109	342	13,390	SH		SOLE		0	0	13,390
Revere Bank	0	761402106	445	11,354	SH		SOLE		0	0	11,354
Target Corporation	COM	87612E106	462	3,605	SH		SOLE		0	0	3,605
Kraft Heinz Co	COM	500754106	211	6,580	SH		SOLE		0	0	6,580
Seagate Technology	SHS	G7945M107	360	6,050	SH		SOLE		0	0	6,050
Viacomcbs Inc	CL B	92556H206	298	7,090	SH		SOLE		0	0	7,090
Gilead Sciences, Inc.	COM	375558103	254	3,915	SH		SOLE		0	0	3,915
Exxon Mobil Corporation	COM	30231G102	628	8,998	SH		SOLE		0	0	8,998
Merck & Co. , Inc.	COM	58933Y105	370	4,072	SH		SOLE		0	0	4,072
Novartis Ag	SPONSORED ADR	66987V109	379	4,005	SH		SOLE		0	0	4,005
Johnson & Johnson	COM	478160104	656	4,494	SH		SOLE		0	0	4,494
Meritor Inc	COM	59001K100	428	16,345	SH		SOLE		0	0	16,345
Host Hotels & Resorts, Inc.	COM	44107P104	380	20,475	SH		SOLE		0	0	20,475
Hanesbrands, Inc.	COM	410345102	277	18,645	SH		SOLE		0	0	18,645
Huntington Bancshares Inc.	COM	446150104	350	23,225	SH		SOLE		0	0	23,225
Fleetcor Technologies Inc	COM	339041105	518	1,800	SH		SOLE		0	0	1,800
Lincoln National Corporation	COM	534187109	719	12,180	SH		SOLE		0	0	12,180
Amerisourcebergen Corporation	COM	03073E105	347	4,085	SH		SOLE		0	0	4,085
Taylor Morrison Home Corp	COM	87724P106	382	17,460	SH		SOLE		0	0	17,460
Fidelity National Information	COM	31620M106	708	5,090	SH		SOLE		0	0	5,090
Apple Inc.	COM	037833100	1,722	5,864	SH		SOLE		0	0	5,864
Ugi Corporation	COM	902681105	522	11,565	SH		SOLE		0	0	11,565
Roper Technologies	COM	776696106	576	1,627	SH		SOLE		0	0	1,627
Global Payments Inc.	COM	37940X102	1,230	6,738	SH		SOLE		0	0	6,738
Cisco Systems Incorporated	COM	17275R102	884	18,424	SH		SOLE		0	0	18,424
Union Pacific Corporation	COM	907818108	834	4,614	SH		SOLE		0	0	4,614
Sterling Bancorp	COM	85917A100	589	27,940	SH		SOLE		0	0	27,940
Allison Transmission Holdings	COM	01973R101	619	12,805	SH		SOLE		0	0	12,805
Ryman Hospitality Properties I	COM	78377T107	883	10,190	SH		SOLE		0	0	10,190
Fiserv, Inc.	COM	337738108	2,021	17,479	SH		SOLE		0	0	17,479
Werner Enterprises Inc	COM	950755108	640	17,575	SH		SOLE		0	0	17,575
Prudential Financial, Incorpor	COM	744320102	646	6,895	SH		SOLE		0	0	6,895
SLM Corp	COM	78442P106	536	60,185	SH		SOLE		0	0	60,185
Onemain Holdings Inc	COM	68268W103	704	16,705	SH		SOLE		0	0	16,705
United Rentals, Inc.	COM	911363109	1,059	6,350	SH		SOLE		0	0	6,350
Norfolk Southern Corporation	COM	655844108	1,402	7,221	SH		SOLE		0	0	7,221
Legg Mason Incorporated	COM	524901105	781	21,760	SH		SOLE		0	0	21,760
Arbor Realty Trust	COM	038923108	754	52,565	SH		SOLE		0	0	52,565
Hca Healthcare Inc	COM	40412C101	1,216	8,230	SH		SOLE		0	0	8,230
Jazz Pharmaceutical	SHS USD	G50871105	839	5,620	SH		SOLE		0	0	5,620
Western Union Company	COM	959802109	1,020	38,070	SH		SOLE		0	0	38,070
Generac Holding, Inc.	COM	368736104	1,374	13,655	SH		SOLE		0	0	13,655
Accenture Plc	SHS CLASS A	G1151C101	1,477	7,015	SH		SOLE		0	0	7,015
Booking Holdings Inc	COM	09857L108	897	437	SH		SOLE		0	0	437
Cadence Bancorp	CL A	12739A100	886	48,855	SH		SOLE		0	0	48,855
Marriott International, Inc.	CL A	571903202	1,660	10,960	SH		SOLE		0	0	10,960
Regeneron Pharmaceuticals Inc	COM	75886F107	930	2,476	SH		SOLE		0	0	2,476
Mastercard, Inc.	CL A	57636Q104	1,506	5,045	SH		SOLE		0	0	5,045
Bristol-Myers Squibb Company	COM	110122108	1,285	20,025	SH		SOLE		0	0	20,025
Pra Health Sciences	COM	69354M108	1,139	10,247	SH		SOLE		0	0	10,247
CBRE Group Inc- A	CL A	12504L109	1,420	23,175	SH		SOLE		0	0	23,175
Lyondellbasell Industries Nv	SHS - A -	N53745100	1,065	11,270	SH		SOLE		0	0	11,270
Amc Networks Inc	CL A	00164V103	880	22,270	SH		SOLE		0	0	22,270
Extended Stay America Inc	UNIT 99/99/9999B	30224P200	1,033	69,510	SH		SOLE		0	0	69,510
CVS Health Corp	COM	126650100	1,120	15,070	SH		SOLE		0	0	15,070
Delta Air Lines Inc	COM NEW	247361702	1,348	23,055	SH		SOLE		0	0	23,055
Lear Corporation	COM NEW	521865204	1,371	9,995	SH		SOLE		0	0	9,995
Cdw Corp	COM	12514G108	2,267	15,870	SH		SOLE		0	0	15,870
Amgen Inc.	COM	031162100	1,781	7,388	SH		SOLE		0	0	7,388
Borgwarner Inc.	COM	099724106	1,311	30,225	SH		SOLE		0	0	30,225
Norwegian Cruise Line Holdings	SHS	G66721104	1,374	23,520	SH		SOLE		0	0	23,520
Restaurant Brands International Inc.	COM	76131D103	1,340	21,015	SH		SOLE		0	0	21,015
S&P Global Inc	COM	78409V104	2,327	8,523	SH		SOLE		0	0	8,523
Aes Corp	COM	00130H105	1,981	99,560	SH		SOLE		0	0	99,560
Kla-Tencor Corp	COM NEW	482480100	2,416	13,560	SH		SOLE		0	0	13,560
Alphabet Inc	CAP STK CL A	02079K305	1,602	1,196	SH		SOLE		0	0	1,196
Pfizer Inc.	COM	717081103	1,513	38,604	SH		SOLE		0	0	38,604
Cummins Inc.	COM	231021106	1,498	8,370	SH		SOLE		0	0	8,370
Intel Corporation	COM	458140100	2,285	38,185	SH		SOLE		0	0	38,185
Discover Financial Services	COM	254709108	1,700	20,040	SH		SOLE		0	0	20,040
Magna International Inc	COM	559222401	1,683	30,684	SH		SOLE		0	0	30,684
International Business Machine	COM	459200101	1,402	10,462	SH		SOLE		0	0	10,462
Broadcom Ltd	COM	11135F101	2,102	6,652	SH		SOLE		0	0	6,652
Valero Energy Corporation	COM	91913Y100	2,533	27,051	SH		SOLE		0	0	27,051
Omnicom Group Incorporated	COM	681919106	2,024	24,983	SH		SOLE		0	0	24,983
Vse Corporation	COM	918284100	6,080	159,833	SH		SOLE		0	0	159,833
J2 Global Inc	COM	48123V102	2,130	22,730	SH		SOLE		0	0	22,730
Walgreens Boots Alliance Inc	COM	931427108	2,292	38,872	SH		SOLE		0	0	38,872
Abbvie Inc	COM	00287Y109	3,186	35,986	SH		SOLE		0	0	35,986
Vanguard REIT ETF	REAL ESTATE ETF	922908553	223	2,400	SH		SOLE		0	0	2,400
iShares S&P Mid-Cap 400 Growth ETF	S&P MC 400GR ETF	464287606	239	1,002	SH		SOLE		0	0	1,002
iShares S&P Small-Cap 600 Value ETF	SP SMCP600VL ETF	464287879	277	1,723	SH		SOLE		0	0	1,723
SPDR Gold Minishares ETV	SPDR GLD MINIS	98149E204	274	18,083	SH		SOLE		0	0	18,083
Ishares Residential REITs ETF	RESIDNL REAL EST	464288562	268	3,558	SH		SOLE		0	0	3,558
FlexShares Global Upstream Natural Resources Index ETF	MORNSTAR UPSTR	33939L407	270	8,041	SH		SOLE		0	0	8,041
Vanguard Small-Cap ETF	SMALL CP ETF	922908751	427	2,575	SH		SOLE		0	0	2,575
Vanguard Mid Value ETF	MCAP VL IDXVIP	922908512	483	4,054	SH		SOLE		0	0	4,054
PowerShares S&P 500 Low Volatility ETF	S&P500 LOW VOL	46138E354	1,085	18,600	SH		SOLE		0	0	18,600
iShares Russell 1000 Growth ETF	RUS 1000 GRW ETF	464287614	1,275	7,250	SH		SOLE		0	0	7,250
WisdomTree US Total Dividend ETF	US TOTAL DIVIDND	97717W109	1,356	12,840	SH		SOLE		0	0	12,840
Vanguard Mid-Cap ETF	MID CAP ETF	922908629	2,977	16,707	SH		SOLE		0	0	16,707
Vanguard Large-Cap ETF	LARGE CAP ETF	922908637	3,370	22,796	SH		SOLE		0	0	22,796
FlexShares iBoxx 5-Yr Target Duration TIPS Index	IBOXX 5YR TRGT	33939L605	1,054	41,194	SH		SOLE		0	0	41,194
JPMorgan Ultra Short Income ETF	ULTRA SHRT INC	46641Q837	2,355	46,695	SH		SOLE		0	0	46,695
Vanguard FTSE Europe ETF	FTSE EUROPE ETF	922042874	10,323	176,156	SH		SOLE		0	0	176,156