# NOVARE CAPITAL MANAGEMENT LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1388409. Source: https://holderbook.com/funds/1388409-novare-capital-management-llc/

- Reported value: $1.4B
- Positions: 210
- Weight of the ten largest: 35.5%
- Filed: 2026-08-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $77.5M | 103,742 | 5.5% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $64.4M | 222,706 | 4.6% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $60.2M | 80,323 | 4.3% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $52.4M | 146,765 | 3.7% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $49.8M | 261,425 | 3.5% | 25 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $44.9M | 120,376 | 3.2% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $42.5M | 212,226 | 3.0% | 19 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $40.6M | 107,461 | 2.9% | 25 |
| ETF OPPORTUNITIES TRUST | [VSLU](https://holderbook.com/stocks/VSLU/) | $34.8M | 751,418 | 2.5% | 13 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $32.8M | 137,717 | 2.3% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $32.4M | 286,089 | 2.3% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $28.9M | 113,695 | 2.0% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $26.6M | 186,015 | 1.9% | 28 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $24.5M | 74,708 | 1.7% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $23.6M | 47,070 | 1.7% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $22.9M | 66,638 | 1.6% | 30 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $22.2M | 53,315 | 1.6% | 31 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $21.6M | 33,764 | 1.5% | 19 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $20.4M | 173,265 | 1.4% | 31 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $19.2M | 26,974 | 1.4% | 31 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $19.1M | 132,346 | 1.4% | 22 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $18.1M | 95,423 | 1.3% | 25 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $16.2M | 138,450 | 1.2% | 5 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $15.8M | 53,047 | 1.1% | 25 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $15.6M | 64,283 | 1.1% | 27 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $15.1M | 106,570 | 1.1% | 28 |
| C H ROBINSON WORLDWIDE IN | [CHRW](https://holderbook.com/stocks/CHRW/) | $14.9M | 78,932 | 1.1% | 26 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $14.8M | 58,708 | 1.0% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $14.2M | 25,281 | 1.0% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $14.2M | 110,202 | 1.0% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $14.1M | 92,752 | 1.0% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $13.8M | 290,889 | 1.0% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $13.8M | 18,708 | 1.0% | 15 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $13.1M | 144,697 | 0.9% | 16 |
| ALPS ETF TR | [AMLP](https://holderbook.com/stocks/AMLP/) | $12.9M | 248,500 | 0.9% | 23 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $12.5M | 42,972 | 0.9% | 10 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $12.3M | 24,555 | 0.9% | 31 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $12.2M | 26,663 | 0.9% | 24 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $11.9M | 86,308 | 0.8% | 19 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $11.8M | 32,528 | 0.8% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $11.7M | 33,146 | 0.8% | 31 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $11.7M | 49,253 | 0.8% | 31 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $11.5M | 36,510 | 0.8% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $11.4M | 9,543 | 0.8% | 10 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $11.3M | 51,164 | 0.8% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $10.8M | 255,872 | 0.8% | 25 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $10.7M | 187,380 | 0.8% | 31 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $10.3M | 178,528 | 0.7% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $9.8M | 59,227 | 0.7% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $9.8M | 101,295 | 0.7% | 2 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $9.8M | 157,773 | 0.7% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $9.3M | 102,966 | 0.7% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $9.3M | 105,747 | 0.7% | 29 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $9.0M | 65,703 | 0.6% | 2 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $8.3M | 154,675 | 0.6% | 20 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $8.0M | 96,523 | 0.6% | 18 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $8.0M | 18,912 | 0.6% | 24 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $7.6M | 61,525 | 0.5% | 16 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $7.4M | 54,861 | 0.5% | 31 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $7.4M | 139,668 | 0.5% | 18 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $6.8M | 20,231 | 0.5% | 31 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $6.7M | 92,565 | 0.5% | 5 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $5.9M | 26,569 | 0.4% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $5.8M | 26,456 | 0.4% | 1 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $4.8M | 60,593 | 0.3% | 31 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $4.5M | 20,269 | 0.3% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $4.3M | 85,039 | 0.3% | 31 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $4.3M | 12,820 | 0.3% | 10 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $4.3M | 7,350 | 0.3% | 16 |
| FIDUS INVT CORP | [FDUS](https://holderbook.com/stocks/FDUS/) | $4.2M | 219,069 | 0.3% | 31 |
| INVESCO EXCH TRD SLF IDX FD | [BSCT](https://holderbook.com/stocks/BSCT/) | $4.0M | 215,321 | 0.3% | 15 |
| INVESCO EXCH TRD SLF IDX FD | [BSCR](https://holderbook.com/stocks/BSCR/) | $3.8M | 194,238 | 0.3% | 25 |
| INVESCO EXCH TRD SLF IDX FD | [BSCV](https://holderbook.com/stocks/BSCV/) | $3.6M | 221,568 | 0.3% | 12 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $3.6M | 10,614 | 0.3% | 9 |
| INVESCO EXCH TRD SLF IDX FD | [BSCU](https://holderbook.com/stocks/BSCU/) | $3.6M | 213,902 | 0.3% | 15 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $3.3M | 42,969 | 0.2% | 31 |
| INVESCO EXCH TRD SLF IDX FD | [BSCS](https://holderbook.com/stocks/BSCS/) | $3.2M | 159,005 | 0.2% | 15 |
| CARLYLE SECURED LENDING INC | [CGBD](https://holderbook.com/stocks/CGBD/) | $3.0M | 287,445 | 0.2% | 29 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $2.6M | 90,796 | 0.2% | 31 |
| INVESCO EXCH TRD SLF IDX FD | [BSCW](https://holderbook.com/stocks/BSCW/) | $2.6M | 127,650 | 0.2% | 8 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $2.6M | 19,742 | 0.2% | 17 |
| ISHARES TR | [FALN](https://holderbook.com/stocks/FALN/) | $2.5M | 93,579 | 0.2% | 20 |
| INVESCO EXCH TRD SLF IDX FD | [BSCX](https://holderbook.com/stocks/BSCX/) | $2.5M | 117,620 | 0.2% | 8 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $2.4M | 16,378 | 0.2% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.4M | 2,571 | 0.2% | 27 |
| INVESCO EXCH TRD SLF IDX FD | [BSCQ](https://holderbook.com/stocks/BSCQ/) | $2.4M | 120,590 | 0.2% | 26 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $2.3M | 21,456 | 0.2% | 17 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.3M | 10,746 | 0.2% | 9 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $2.2M | 32,170 | 0.2% | 1 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $2.2M | 12,138 | 0.2% | 31 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $2.0M | 3,124 | 0.1% | 17 |
| WILLIAMS SONOMA INC | [WSM](https://holderbook.com/stocks/WSM/) | $2.0M | 8,722 | 0.1% | 20 |
| INVESCO EXCHANGE TRADED FD T | [PRF](https://holderbook.com/stocks/PRF/) | $2.0M | 37,270 | 0.1% | 27 |
| VANGUARD WORLD FD | [VDC](https://holderbook.com/stocks/VDC/) | $1.9M | 8,570 | 0.1% | 15 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.8M | 13,414 | 0.1% | 31 |
| INVESCO EXCH TRD SLF IDX FD | [BSCY](https://holderbook.com/stocks/BSCY/) | $1.8M | 85,986 | 0.1% | 7 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $1.7M | 37,615 | 0.1% | 15 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $1.6M | 12,823 | 0.1% | 25 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.6M | 10,057 | 0.1% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.5M | 18,700 | 0.1% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.2% | +14.8% | -3.6% | 100% |
| Q1 2026 | -3.6% | -4.6% | +1.0% | 100% |
| Q4 2025 | +2.7% | +2.4% | +0.3% | 100% |
| Q3 2025 | +6.6% | +7.8% | -1.2% | 100% |
| Q2 2025 | +6.8% | +10.5% | -3.7% | 100% |
| Q1 2025 | -3.6% | -4.6% | +1.0% | 100% |
| Q4 2024 | +0.4% | +2.1% | -1.7% | 100% |
| Q3 2024 | +6.3% | +5.4% | +0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.4B | 210 |
| Q1 2026 | $1.3B | 195 |
| Q4 2025 | $1.3B | 195 |
| Q3 2025 | $1.3B | 193 |
| Q2 2025 | $1.2B | 197 |
| Q1 2025 | $1.1B | 188 |
| Q4 2024 | $1.2B | 186 |
| Q3 2024 | $1.2B | 191 |
| Q2 2024 | $1.1B | 187 |
| Q1 2024 | $1.1B | 183 |
| Q4 2023 | $982.8M | 168 |
| Q3 2023 | $887.0M | 167 |