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
Cadence Bancorp	CL A	12739A100	528	24,050	SH		SOLE		0	0	24,050
Apple Inc.	COM	037833100	2,985	21,095	SH		SOLE		0	0	21,095
Atlas Air Worldwide Holdings Inc	COM NEW	049164205	733	8,980	SH		SOLE		0	0	8,980
Abbvie Inc	COM	00287Y109	3,876	35,935	SH		SOLE		0	0	35,935
Amerisourcebergen Corporation	COM	03073E105	1,673	14,009	SH		SOLE		0	0	14,009
Arbor Realty Trust	COM	038923108	979	52,815	SH		SOLE		0	0	52,815
Albertsons Co Shs Class	COMMON STOCK	013091103	1,940	62,329	SH		SOLE		0	0	62,329
Accenture Plc	SHS CLASS A	G1151C101	2,078	6,496	SH		SOLE		0	0	6,496
Aes Corp	COM	00130H105	1,282	56,152	SH		SOLE		0	0	56,152
Amc Networks Inc	CL A	00164V103	1,509	32,390	SH		SOLE		0	0	32,390
Amgen Inc.	COM	031162100	962	4,524	SH		SOLE		0	0	4,524
Autonation, Inc.	COM	05329W102	1,491	12,245	SH		SOLE		0	0	12,245
Arrow Electronics Inc	COM	042735100	2,374	21,140	SH		SOLE		0	0	21,140
Broadcom Ltd	COM	11135F101	2,075	4,279	SH		SOLE		0	0	4,279
Astrazeneca Plc	SPONSORED ADR	046353108	240	3,991	SH		SOLE		0	0	3,991
Basanite Inc	ORD SHS	06975Q100	9	31,000	SH		SOLE		0	0	31,000
Brighthouse Financial Inc	COM	10922N103	388	8,575	SH		SOLE		0	0	8,575
Biogen Inc	COM	09062X103	400	1,415	SH		SOLE		0	0	1,415
Bristol-Myers Squibb Company	COM	110122108	2,304	38,942	SH		SOLE		0	0	38,942
Borgwarner Inc.	COM	099724106	2,492	57,663	SH		SOLE		0	0	57,663
CACI International Inc	CL A	127190304	443	1,690	SH		SOLE		0	0	1,690
Capital Bancorp Inc MD	COM	139737100	900	37,393	SH		SOLE		0	0	37,393
Cboe Global Mkts Inc	COM	12503M108	1,254	10,127	SH		SOLE		0	0	10,127
CBRE Group Inc- A	CL A	12504L109	2,433	24,990	SH		SOLE		0	0	24,990
Cdw Corp	COM	12514G108	4,830	26,535	SH		SOLE		0	0	26,535
Comcast Corporation	CL A	20030N101	459	8,208	SH		SOLE		0	0	8,208
Cummins Inc.	COM	231021106	1,518	6,762	SH		SOLE		0	0	6,762
Cisco Systems Incorporated	COM	17275R102	1,117	20,526	SH		SOLE		0	0	20,526
CSG Systems Intl Inc	COM	126349109	2,480	51,455	SH		SOLE		0	0	51,455
Csx Corporation	COM	126408103	245	8,224	SH		SOLE		0	0	8,224
CVS Health Corp	COM	126650100	1,175	13,852	SH		SOLE		0	0	13,852
Darling Ingredients Inc	COM	237266101	746	10,375	SH		SOLE		0	0	10,375
Dell Technologies Inc	CL C	24703L202	318	3,055	SH		SOLE		0	0	3,055
Discover Financial Services	COM	254709108	529	4,305	SH		SOLE		0	0	4,305
Quest Diagnostics Incorporated	COM	74834L100	848	5,835	SH		SOLE		0	0	5,835
Danaher Corporation	COM	235851102	376	1,235	SH		SOLE		0	0	1,235
Deluxe Corporation	COM	248019101	528	14,705	SH		SOLE		0	0	14,705
Masonite Intl Corp	COM	575385109	351	3,305	SH		SOLE		0	0	3,305
Emergent Biosolution	COM	29089Q105	401	8,005	SH		SOLE		0	0	8,005
Encore Capital Group	COM	292554102	367	7,455	SH		SOLE		0	0	7,455
Equitable Holdings Inc	COM	29452E101	2,394	80,767	SH		SOLE		0	0	80,767
Evercore Inc	CLASS A	29977A105	718	5,370	SH		SOLE		0	0	5,370
Federated Hermes Inc	CL B	314211103	615	18,910	SH		SOLE		0	0	18,910
Fidelity National Information	COM	31620M106	264	2,173	SH		SOLE		0	0	2,173
Fiserv, Inc.	COM	337738108	1,003	9,245	SH		SOLE		0	0	9,245
Fleetcor Technologies Inc	COM	339041105	417	1,595	SH		SOLE		0	0	1,595
Generac Holding, Inc.	COM	368736104	2,033	4,975	SH		SOLE		0	0	4,975
Alphabet Inc	CAP STK CL A	02079K305	2,925	1,094	SH		SOLE		0	0	1,094
Group 1 Automotive Inc	COM	398905109	399	2,125	SH		SOLE		0	0	2,125
Global Payments Inc.	COM	37940X102	370	2,347	SH		SOLE		0	0	2,347
Hanesbrands, Inc.	COM	410345102	861	50,197	SH		SOLE		0	0	50,197
Hca Healthcare Inc	COM	40412C101	1,685	6,943	SH		SOLE		0	0	6,943
Hillenbrand Inc	COM	431571108	656	15,380	SH		SOLE		0	0	15,380
Hibbett Sports Inc	COM	428567101	263	3,715	SH		SOLE		0	0	3,715
Hp Inc	COM	40434L105	908	33,174	SH		SOLE		0	0	33,174
Marinemax Inc	COM	567908108	867	17,870	SH		SOLE		0	0	17,870
International Business Machine	COM	459200101	595	4,285	SH		SOLE		0	0	4,285
Icon Plc	SHS	G4705A100	351	1,338	SH		SOLE		0	0	1,338
Intel Corporation	COM	458140100	3,629	68,107	SH		SOLE		0	0	68,107
Jazz Pharmaceutical	SHS USD	G50871105	1,121	8,610	SH		SOLE		0	0	8,610
J2 Global Inc	COM	48123V102	4,355	31,875	SH		SOLE		0	0	31,875
Johnson & Johnson	COM	478160104	1,201	7,435	SH		SOLE		0	0	7,435
Jpmorgan Chase & Co.	COM	46625H100	214	1,306	SH		SOLE		0	0	1,306
Kraft Heinz Co	COM	500754106	325	8,820	SH		SOLE		0	0	8,820
Kla-Tencor Corp	COM NEW	482480100	3,627	10,842	SH		SOLE		0	0	10,842
Lear Corporation	COM NEW	521865204	1,233	7,878	SH		SOLE		0	0	7,878
Lincoln National Corporation	COM	534187109	202	2,940	SH		SOLE		0	0	2,940
Lam Research Corp	COM	512807108	335	588	SH		SOLE		0	0	588
Lyondellbasell Industries Nv	SHS - A -	N53745100	544	5,795	SH		SOLE		0	0	5,795
Mastercard, Inc.	CL A	57636Q104	1,317	3,788	SH		SOLE		0	0	3,788
Masco Corp	COM	574599106	207	3,725	SH		SOLE		0	0	3,725
Moody'S Corporation	COM	615369105	540	1,520	SH		SOLE		0	0	1,520
Medpace Holdings Inc	COM	58506Q109	909	4,800	SH		SOLE		0	0	4,800
Metlife, Inc.	COM	59156R108	374	6,057	SH		SOLE		0	0	6,057
Magna International Inc	COM	559222401	2,226	29,582	SH		SOLE		0	0	29,582
Altria Group, Inc.	COM	02209S103	675	14,830	SH		SOLE		0	0	14,830
Merck & Co. , Inc.	COM	58933Y105	1,220	16,238	SH		SOLE		0	0	16,238
Microsoft Corporation	COM	594918104	245	869	SH		SOLE		0	0	869
Navient Corp	COM	63938C108	878	44,480	SH		SOLE		0	0	44,480
Norfolk Southern Corporation	COM	655844108	1,484	6,201	SH		SOLE		0	0	6,201
Nu Skin Enterprises, Inc A	CL A	67018T105	264	6,535	SH		SOLE		0	0	6,535
Novartis Ag	SPONSORED ADR	66987V109	280	3,427	SH		SOLE		0	0	3,427
Nexstar Media Group Inc	CL A	65336K103	1,091	7,179	SH		SOLE		0	0	7,179
Omnicom Group Incorporated	COM	681919106	4,767	65,788	SH		SOLE		0	0	65,788
Onemain Holdings Inc	COM	68268W103	2,811	50,803	SH		SOLE		0	0	50,803
Oracle Corporation	COM	68389X105	376	4,320	SH		SOLE		0	0	4,320
O'Reilly Automotive, Inc.	COM	67103H107	1,530	2,504	SH		SOLE		0	0	2,504
Penske Automotive Group	COM	70959W103	726	7,215	SH		SOLE		0	0	7,215
Penn National Gaming, Inc.	COM	707569109	280	3,865	SH		SOLE		0	0	3,865
Pfizer Inc.	COM	717081103	1,395	32,433	SH		SOLE		0	0	32,433
Polaris Industries	COM	731068102	1,666	13,925	SH		SOLE		0	0	13,925
Progress Software Corp	COM	743312100	849	17,255	SH		SOLE		0	0	17,255
Qualcomm Incorporated	COM	747525103	426	3,300	SH		SOLE		0	0	3,300
Restaurant Brands International Inc.	COM	76131D103	1,285	21,005	SH		SOLE		0	0	21,005
Rent A Center Inc	COM	76009N100	1,483	26,390	SH		SOLE		0	0	26,390
Regeneron Pharmaceuticals Inc	COM	75886F107	1,425	2,355	SH		SOLE		0	0	2,355
Sangoma Technologies	COM	80100R101	52	19,500	SH		SOLE		0	0	19,500
Sandy Spring Bancorp, Inc.	COM	800363103	578	12,622	SH		SOLE		0	0	12,622
Steelcase Inc	CL A	858155203	259	20,395	SH		SOLE		0	0	20,395
Sprouts Farmers Market Inc	COM	85208M102	539	23,275	SH		SOLE		0	0	23,275
J M Smucker Co	COM NEW	832696405	359	2,995	SH		SOLE		0	0	2,995
SLM Corp	COM	78442P106	1,740	98,868	SH		SOLE		0	0	98,868
S&P Global Inc	COM	78409V104	3,208	7,551	SH		SOLE		0	0	7,551
Seagate Technology	ORD SHS	G7997R103	233	2,825	SH		SOLE		0	0	2,825
Stryker Corporation	COM	863667101	298	1,131	SH		SOLE		0	0	1,131
At&T Inc.	COM	00206R102	1,353	50,097	SH		SOLE		0	0	50,097
Molson Coors Beverages Co B	CL B	60871R209	776	16,740	SH		SOLE		0	0	16,740
Truist Financial Corp	COM	89832Q109	221	3,774	SH		SOLE		0	0	3,774
Tegna Inc	COM	87901J105	1,752	88,830	SH		SOLE		0	0	88,830
Target Corporation	COM	87612E106	786	3,435	SH		SOLE		0	0	3,435
Thor Industries Incorporated	COM	885160101	265	2,160	SH		SOLE		0	0	2,160
Taylor Morrison Home Corp	COM	87724P106	635	24,620	SH		SOLE		0	0	24,620
Tyson Foods, Inc.	CL A	902494103	527	6,670	SH		SOLE		0	0	6,670
Tivity Health Inc	COM	88870R102	345	14,970	SH		SOLE		0	0	14,970
Texas Instruments Incorporated	COM	882508104	438	2,279	SH		SOLE		0	0	2,279
Ugi Corporation	COM	902681105	394	9,249	SH		SOLE		0	0	9,249
Unum Group	COM	91529Y106	644	25,710	SH		SOLE		0	0	25,710
Union Pacific Corporation	COM	907818108	1,009	5,148	SH		SOLE		0	0	5,148
United Rentals, Inc.	COM	911363109	2,070	5,900	SH		SOLE		0	0	5,900
Victory Capital Holdings	COM CL A	92645B103	1,284	36,680	SH		SOLE		0	0	36,680
Viacomcbs Inc	CL B	92556H206	400	10,120	SH		SOLE		0	0	10,120
Valero Energy Corporation	COM	91913Y100	653	9,255	SH		SOLE		0	0	9,255
Vse Corporation	COM	918284100	7,056	146,489	SH		SOLE		0	0	146,489
Vistra Energy Corp	COM	92840M102	753	44,060	SH		SOLE		0	0	44,060
Verizon Communications	COM	92343V104	338	6,266	SH		SOLE		0	0	6,266
Walgreens Boots Alliance Inc	COM	931427108	1,555	33,052	SH		SOLE		0	0	33,052
Werner Enterprises Inc	COM	950755108	950	21,465	SH		SOLE		0	0	21,465
Western Union Company	COM	959802109	2,403	118,822	SH		SOLE		0	0	118,822
WW International Inc	COM	98262P101	300	16,460	SH		SOLE		0	0	16,460
World Wrestling Entertainment Inc	CL A	98156Q108	424	7,535	SH		SOLE		0	0	7,535
Exxon Mobil Corporation	COM	30231G102	433	7,362	SH		SOLE		0	0	7,362
WisdomTree US Total Dividend ETF	US TOTAL DIVIDND	97717W109	1,285	10,940	SH		SOLE		0	0	10,940
Schwab Fundamental US Broad Market ETF	SCHWAB FDT US BM	808524789	268	4,995	SH		SOLE		0	0	4,995
SPDR Gold Minishares ETV	SPDR GLD MINIS	98149E204	902	51,672	SH		SOLE		0	0	51,672
FlexShares Global Upstream Natural Resources Index ETF	MORNSTAR UPSTR	33939L407	928	25,356	SH		SOLE		0	0	25,356
iShares S&P Mid-Cap 400 Growth ETF	S&P MC 400GR ETF	464287606	243	3,067	SH		SOLE		0	0	3,067
iShares S&P Small-Cap 600 Value ETF	SP SMCP600VL ETF	464287879	215	2,132	SH		SOLE		0	0	2,132
iShares Russell 1000 ETF	RUS 1000 ETF	464287622	371	1,534	SH		SOLE		0	0	1,534
Ishares Micro Cap ETF	MICRO-CAP ETF	464288869	1,391	9,636	SH		SOLE		0	0	9,636
iShares Russell 1000 Growth ETF	RUS 1000 GRW ETF	464287614	1,370	5,000	SH		SOLE		0	0	5,000
iShares Russell Mid Growth ETF	RUS MD CP GR ETF	464287481	261	2,332	SH		SOLE		0	0	2,332
JPMorgan Ultra Short Income ETF	ULTRA SHRT INC	46641Q837	9,139	180,192	SH		SOLE		0	0	180,192
Ishares Residential REITs ETF	RESIDNL REAL EST	464288562	924	10,797	SH		SOLE		0	0	10,797
PowerShares S&P 500 Low Volatility ETF	S&P500 LOW VOL	46138E354	1,107	18,200	SH		SOLE		0	0	18,200
FlexShares iBoxx 5-Yr Target Duration TIPS Index	IBOXX 5YR TRGT	33939L605	3,893	139,353	SH		SOLE		0	0	139,353
Vanguard Small-Cap ETF	SMALL CP ETF	922908751	679	3,105	SH		SOLE		0	0	3,105
Vanguard FTSE Europe ETF	FTSE EUROPE ETF	922042874	527	8,035	SH		SOLE		0	0	8,035
Vanguard REIT ETF	REAL ESTATE ETF	922908553	265	2,600	SH		SOLE		0	0	2,600
Vanguard Mid-Cap ETF	MID CAP ETF	922908629	4,055	17,126	SH		SOLE		0	0	17,126
Vanguard Total Stock Mkt ETF	TOTAL STK MKT	922908769	772	3,474	SH		SOLE		0	0	3,474
Vanguard Large-Cap ETF	LARGE CAP ETF	922908637	4,561	22,702	SH		SOLE		0	0	22,702
Technology Select Sector SPDR ETF	TECHNOLOGY	81369Y803	286	1,913	SH		SOLE		0	0	1,913