# DC Investments Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1565951. Source: https://holderbook.com/funds/1565951-dc-investments-management-llc/

- Reported value: $293.3M
- Positions: 55
- Weight of the ten largest: 71.9%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $137.7M | 877,390 | 47.0% | 7 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $21.6M | 30,673 | 7.4% | 2 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $17.5M | 8,788 | 6.0% | 7 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $6.9M | 16,692 | 2.4% | 4 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $5.7M | 21,805 | 1.9% | 2 |
| MODERNA INC | [MRNA](https://holderbook.com/stocks/MRNA/) | $4.8M | 68,624 | 1.6% | 6 |
| GULFPORT ENERGY CORP | [GPOR](https://holderbook.com/stocks/GPOR/) | $4.5M | 26,499 | 1.5% | 8 |
| ANTERO RESOURCES CORP | [AR](https://holderbook.com/stocks/AR/) | $4.5M | 127,350 | 1.5% | 8 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $4.0M | 2,342 | 1.4% | 6 |
| TYLER TECHNOLOGIES INC | [TYL](https://holderbook.com/stocks/TYL/) | $3.8M | 12,973 | 1.3% | 1 |
| PIEDMONT REALTY TRUST INC | [PDM](https://holderbook.com/stocks/PDM/) | $3.7M | 405,502 | 1.3% | 15 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $3.7M | 50,817 | 1.3% | 4 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $3.6M | 88,291 | 1.2% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.4M | 5,950 | 1.1% | 2 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $3.1M | 33,887 | 1.1% | 8 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $3.0M | 56,375 | 1.0% | 15 |
| SUNBELT RENTALS HOLDINGS INC | [SUNB](https://holderbook.com/stocks/SUNB/) | $2.5M | 33,402 | 0.9% | 1 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $2.5M | 18,232 | 0.9% | 7 |
| TOAST INC | [TOST](https://holderbook.com/stocks/TOST/) | $2.5M | 88,457 | 0.8% | 1 |
| EVERGY INC | [EVRG](https://holderbook.com/stocks/EVRG/) | $2.4M | 27,863 | 0.8% | 10 |
| NORTHWESTERN ENERGY GROUP IN | [NWE](https://holderbook.com/stocks/NWE/) | $2.4M | 32,976 | 0.8% | 10 |
| NISOURCE INC | [NI](https://holderbook.com/stocks/NI/) | $2.2M | 46,961 | 0.8% | 10 |
| BLACK HILLS CORP | [BKH](https://holderbook.com/stocks/BKH/) | $2.2M | 29,900 | 0.8% | 10 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $2.2M | 30,471 | 0.8% | 10 |
| SEA LTD | [SE](https://holderbook.com/stocks/SE/) | $2.2M | 22,889 | 0.7% | 1 |
| DIGITALOCEAN HLDGS INC | [DOCN](https://holderbook.com/stocks/DOCN/) | $2.2M | 13,910 | 0.7% | 15 |
| AMEREN CORP | [AEE](https://holderbook.com/stocks/AEE/) | $2.1M | 18,978 | 0.7% | 7 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $2.1M | 12,438 | 0.7% | 10 |
| PORTLAND GEN ELEC CO | [POR](https://holderbook.com/stocks/POR/) | $2.1M | 40,750 | 0.7% | 10 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $2.1M | 44,187 | 0.7% | 10 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $2.1M | 18,543 | 0.7% | 10 |
| OGE ENERGY CORP | [OGE](https://holderbook.com/stocks/OGE/) | $2.0M | 41,492 | 0.7% | 10 |
| PERMIAN RESOURCES CORP | [PR](https://holderbook.com/stocks/PR/) | $2.0M | 106,611 | 0.7% | 6 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $1.9M | 53,464 | 0.7% | 10 |
| RANGE RES CORP | [RRC](https://holderbook.com/stocks/RRC/) | $1.8M | 48,383 | 0.6% | 6 |
| CNX RES CORP | [CNX](https://holderbook.com/stocks/CNX/) | $1.8M | 53,009 | 0.6% | 6 |
| SKYWARD SPECIALTY INS GROUP | [SKWD](https://holderbook.com/stocks/SKWD/) | $1.7M | 29,987 | 0.6% | 2 |
| UNITIL CORP | [UTL](https://holderbook.com/stocks/UTL/) | $1.7M | 32,855 | 0.6% | 7 |
| AMERICAN FINANCIAL GROUP INC | [AFG](https://holderbook.com/stocks/AFG/) | $1.5M | 10,721 | 0.5% | 2 |
| PALOMAR HLDGS INC | [PLMR](https://holderbook.com/stocks/PLMR/) | $1.5M | 11,507 | 0.5% | 2 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $1.4M | 19,958 | 0.5% | 2 |
| OLD REP INTL CORP | [ORI](https://holderbook.com/stocks/ORI/) | $1.4M | 33,426 | 0.5% | 2 |
| RLI CORP | [RLI](https://holderbook.com/stocks/RLI/) | $1.4M | 22,978 | 0.5% | 2 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $1.3M | 1,721 | 0.4% | 15 |
| KINSALE CAP GROUP INC | [KNSL](https://holderbook.com/stocks/KNSL/) | $1.2M | 3,688 | 0.4% | 2 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $1.2M | 3,513 | 0.4% | 6 |
| GOGO INC | [GOGO](https://holderbook.com/stocks/GOGO/) | $1.2M | 385,140 | 0.4% | 15 |
| TWILIO INC | [TWLO](https://holderbook.com/stocks/TWLO/) | $913.0K | 4,425 | 0.3% | 6 |
| UNITY SOFTWARE INC | [U](https://holderbook.com/stocks/U/) | $578.7K | 20,250 | 0.2% | 6 |
| ZOOM COMMUNICATIONS INC | [ZM](https://holderbook.com/stocks/ZM/) | $487.9K | 5,653 | 0.2% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $426.0K | 1,142 | 0.1% | 6 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $324.9K | 1,671 | 0.1% | 6 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $218.1K | 489 | 0.1% | 1 |
| JFB CONSTR HLDGS | [JFB](https://holderbook.com/stocks/JFB/) | $84.5K | 17,562 | 0.0% | 1 |
| TSCAN THERAPEUTICS INC | [TCRX](https://holderbook.com/stocks/TCRX/) | $34.9K | 35,563 | 0.0% | 20 |

## 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 | +11.6% | +14.8% | -3.3% | 100% |
| Q1 2026 | +2.3% | -4.6% | +6.9% | 100% |
| Q4 2025 | +0.2% | +2.4% | -2.2% | 100% |
| Q3 2025 | +2.4% | +7.8% | -5.4% | 99% |
| Q2 2025 | +10.3% | +10.5% | -0.2% | 99% |
| Q1 2025 | -3.7% | -4.6% | +0.9% | 100% |
| Q4 2024 | +0.9% | +2.1% | -1.3% | 100% |
| Q3 2024 | +4.1% | +5.4% | -1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $293.3M | 55 |
| Q1 2026 | $261.2M | 76 |
| Q4 2025 | $226.1M | 48 |
| Q3 2025 | $241.1M | 95 |
| Q2 2025 | $239.9M | 104 |
| Q1 2025 | $194.5M | 112 |
| Q4 2024 | $153.3M | 92 |
| Q3 2024 | $143.0M | 87 |
| Q2 2024 | $118.6M | 85 |
| Q1 2024 | $123.4M | 92 |
| Q4 2023 | $99.5M | 76 |
| Q3 2023 | $79.7M | 85 |