# KG Capital Management

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1771687. Source: https://holderbook.com/funds/1771687-kg-capital-management/

- Reported value: $168.1M
- Positions: 142
- Weight of the ten largest: 35.9%
- 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/) | $12.8M | 17,075 | 7.6% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $9.5M | 28,885 | 5.6% | 31 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $6.8M | 74,141 | 4.0% | 9 |
| GOLDMAN SACHS ETF TR | [GBIL](https://holderbook.com/stocks/GBIL/) | $5.2M | 52,149 | 3.1% | 9 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $5.0M | 36,428 | 3.0% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $5.0M | 57,470 | 2.9% | 28 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.7M | 13,260 | 2.8% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.2M | 14,511 | 2.5% | 31 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $4.2M | 91,717 | 2.5% | 5 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $3.0M | 30,758 | 1.8% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $3.0M | 6,203 | 1.8% | 12 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $2.8M | 26,624 | 1.6% | 31 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $2.7M | 3,745 | 1.6% | 11 |
| SPDR SERIES TRUST | [SJNK](https://holderbook.com/stocks/SJNK/) | $2.5M | 98,996 | 1.5% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.4M | 6,537 | 1.5% | 31 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $2.3M | 21,473 | 1.4% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.2M | 19,820 | 1.3% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.2M | 3,035 | 1.3% | 17 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.1M | 8,256 | 1.2% | 31 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $2.0M | 63,845 | 1.2% | 6 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $1.8M | 20,079 | 1.1% | 11 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.8M | 22,862 | 1.0% | 31 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $1.8M | 34,701 | 1.0% | 6 |
| COCA COLA CONS INC | [COKE](https://holderbook.com/stocks/COKE/) | $1.7M | 8,988 | 1.0% | 13 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $1.7M | 5,599 | 1.0% | 4 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.6M | 7,457 | 1.0% | 11 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $1.6M | 3,713 | 1.0% | 1 |
| INVESCO EXCH TRADED FD TR II | [BAB](https://holderbook.com/stocks/BAB/) | $1.6M | 57,981 | 0.9% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.6M | 2,074 | 0.9% | 31 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $1.5M | 1,926 | 0.9% | 15 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.4M | 1,195 | 0.9% | 25 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.4M | 9,616 | 0.8% | 31 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $1.4M | 9,754 | 0.8% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.3M | 5,468 | 0.8% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.3M | 1,102 | 0.8% | 4 |
| INVESCO EXCH TRADED FD TR II | [PGX](https://holderbook.com/stocks/PGX/) | $1.3M | 116,480 | 0.8% | 31 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $1.2M | 1,877 | 0.7% | 9 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.2M | 4,476 | 0.7% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.2M | 5,918 | 0.7% | 24 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $1.2M | 5,161 | 0.7% | 24 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.1M | 1,040 | 0.7% | 1 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.1M | 2,913 | 0.6% | 5 |
| JANUS DETROIT STR TR | [JBBB](https://holderbook.com/stocks/JBBB/) | $1.1M | 22,867 | 0.6% | 6 |
| RBB FD INC | [TBIL](https://holderbook.com/stocks/TBIL/) | $1.1M | 21,392 | 0.6% | 10 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $1.1M | 3,166 | 0.6% | 1 |
| INVESCO EXCHANGE TRADED FD T | [XLG](https://holderbook.com/stocks/XLG/) | $1.1M | 17,273 | 0.6% | 11 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $1.1M | 20,692 | 0.6% | 7 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $1.1M | 330 | 0.6% | 11 |
| SIMPLIFY EXCHANGE TRADED FUN | [AGGH](https://holderbook.com/stocks/AGGH/) | $1.0M | 51,793 | 0.6% | 6 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $1.0M | 2,629 | 0.6% | 11 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.0M | 887 | 0.6% | 1 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $997.4K | 4,566 | 0.6% | 9 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $970.0K | 1,722 | 0.6% | 28 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $951.7K | 31,213 | 0.6% | 12 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $924.8K | 1,279 | 0.6% | 16 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $906.8K | 1,561 | 0.5% | 22 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $899.4K | 2,164 | 0.5% | 4 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $862.6K | 5,882 | 0.5% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $818.7K | 4,297 | 0.5% | 31 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $788.8K | 2,934 | 0.5% | 5 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $786.5K | 3,020 | 0.5% | 6 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $775.5K | 767 | 0.5% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $762.0K | 383 | 0.5% | 12 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $748.8K | 4,517 | 0.4% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $719.9K | 3,896 | 0.4% | 31 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $717.3K | 13,380 | 0.4% | 31 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $715.0K | 7,560 | 0.4% | 9 |
| FIRST TR EXCHNG TRADED FD VI | [FIXD](https://holderbook.com/stocks/FIXD/) | $709.3K | 16,264 | 0.4% | 11 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $695.6K | 1,332 | 0.4% | 18 |
| ROUNDHILL ETF TRUST | - | $685.0K | 9,275 | 0.4% | 1 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $648.7K | 11,385 | 0.4% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $628.1K | 1,223 | 0.4% | 24 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $627.9K | 990 | 0.4% | 31 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $619.1K | 7,113 | 0.4% | 8 |
| LINCOLN EDL SVCS CORP | [LINC](https://holderbook.com/stocks/LINC/) | $596.9K | 11,962 | 0.4% | 1 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $596.9K | 3,777 | 0.4% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $596.8K | 638 | 0.4% | 6 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $585.3K | 7,025 | 0.3% | 1 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $584.0K | 6,056 | 0.3% | 31 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $562.8K | 3,111 | 0.3% | 8 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $555.1K | 1,533 | 0.3% | 21 |
| GSK PLC | [GSK](https://holderbook.com/stocks/GSK/) | $554.0K | 10,568 | 0.3% | 15 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $549.5K | 10,346 | 0.3% | 25 |
| NLIGHT INC | [LASR](https://holderbook.com/stocks/LASR/) | $547.6K | 7,865 | 0.3% | 1 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $546.3K | 3,606 | 0.3% | 11 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $530.1K | 3,628 | 0.3% | 1 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $523.5K | 6,302 | 0.3% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $522.9K | 8,761 | 0.3% | 24 |
| SPDR INDEX SHS FDS | [FEZ](https://holderbook.com/stocks/FEZ/) | $517.9K | 7,541 | 0.3% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $511.5K | 1,354 | 0.3% | 16 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $473.8K | 10,451 | 0.3% | 15 |
| AMKOR TECHNOLOGY INC | [AMKR](https://holderbook.com/stocks/AMKR/) | $463.8K | 5,379 | 0.3% | 1 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $457.4K | 474 | 0.3% | 1 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $439.9K | 611 | 0.3% | 1 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $439.0K | 4,700 | 0.3% | 1 |
| VANGUARD WORLD FD | [VDC](https://holderbook.com/stocks/VDC/) | $431.9K | 1,916 | 0.3% | 31 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $428.0K | 3,911 | 0.3% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $423.1K | 1,233 | 0.3% | 23 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $415.1K | 5,353 | 0.2% | 2 |
| CIENA CORP | [CIEN](https://holderbook.com/stocks/CIEN/) | $390.5K | 796 | 0.2% | 1 |

## 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 | +8.0% | +14.8% | -6.8% | 101% |
| Q1 2026 | -3.3% | -4.6% | +1.3% | 98% |
| Q4 2025 | +2.5% | +2.4% | +0.1% | 98% |
| Q3 2025 | +8.0% | +7.8% | +0.2% | 100% |
| Q2 2025 | +10.8% | +10.5% | +0.3% | 100% |
| Q1 2025 | -2.8% | -4.6% | +1.8% | 100% |
| Q4 2024 | +1.3% | +2.1% | -0.8% | 100% |
| Q3 2024 | +4.5% | +5.4% | -0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $168.1M | 142 |
| Q1 2026 | $139.5M | 123 |
| Q4 2025 | $403.5M | 209 |
| Q3 2025 | $373.7M | 197 |
| Q2 2025 | $338.8M | 187 |
| Q1 2025 | $308.6M | 193 |
| Q4 2024 | $311.0M | 185 |
| Q3 2024 | $310.0M | 189 |
| Q2 2024 | $289.1M | 182 |
| Q1 2024 | $251.8M | 173 |
| Q4 2023 | $239.2M | 174 |
| Q3 2023 | $207.2M | 150 |