# NCM Capital Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1907054. Source: https://holderbook.com/funds/1907054-ncm-capital-management-llc/

- Reported value: $324.5M
- Positions: 194
- Weight of the ten largest: 35.7%
- 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 |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $28.9M | 144,339 | 8.9% | 19 |
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $13.0M | 29,744 | 4.0% | 19 |
| AMPLIFY ETF TR | [DIVO](https://holderbook.com/stocks/DIVO/) | $12.6M | 275,952 | 3.9% | 19 |
| T ROWE PRICE EXCHANGE-TRADED | [TCAF](https://holderbook.com/stocks/TCAF/) | $10.8M | 262,743 | 3.3% | 12 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $9.4M | 75,403 | 2.9% | 19 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $8.9M | 280,122 | 2.7% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $8.4M | 148,820 | 2.6% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $8.2M | 28,187 | 2.5% | 19 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $8.0M | 92,975 | 2.5% | 19 |
| LISTED FDS TR | [INFL](https://holderbook.com/stocks/INFL/) | $7.7M | 153,838 | 2.4% | 19 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $7.2M | 21,937 | 2.2% | 19 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $7.1M | 19,788 | 2.2% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $6.4M | 17,156 | 2.0% | 19 |
| VANGUARD WHITEHALL FDS | [VIGI](https://holderbook.com/stocks/VIGI/) | $5.1M | 54,868 | 1.6% | 19 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $4.5M | 7,682 | 1.4% | 19 |
| APTUS COLLARED INV | [ACIO](https://holderbook.com/stocks/ACIO/) | $4.2M | 92,058 | 1.3% | 8 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $3.5M | 2,914 | 1.1% | 19 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $3.4M | 13,233 | 1.0% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $3.3M | 65,165 | 1.0% | 9 |
| SPDR SERIES TRUST | [XAR](https://holderbook.com/stocks/XAR/) | $3.2M | 11,366 | 1.0% | 4 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $3.2M | 42,125 | 1.0% | 19 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $3.2M | 2,750 | 1.0% | 14 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $3.1M | 21,960 | 0.9% | 19 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $3.0M | 8,159 | 0.9% | 19 |
| ADVISORS INNER CIRCLE FD III | [GQGU](https://holderbook.com/stocks/GQGU/) | $3.0M | 118,119 | 0.9% | 2 |
| T ROWE PRICE EXCHANGE-TRADED | [TCAL](https://holderbook.com/stocks/TCAL/) | $2.9M | 132,083 | 0.9% | 5 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $2.7M | 2,340 | 0.8% | 5 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $2.7M | 16,808 | 0.8% | 9 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $2.6M | 10,359 | 0.8% | 16 |
| ISHARES TR | [VLUE](https://holderbook.com/stocks/VLUE/) | $2.5M | 12,376 | 0.8% | 19 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $2.4M | 8,007 | 0.7% | 19 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.4M | 18,441 | 0.7% | 19 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $2.3M | 37,342 | 0.7% | 15 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.3M | 16,686 | 0.7% | 19 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $2.3M | 25,991 | 0.7% | 19 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.2M | 3,015 | 0.7% | 19 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.2M | 2,031 | 0.7% | 19 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.1M | 7,478 | 0.6% | 19 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $2.1M | 4,933 | 0.6% | 19 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.1M | 5,908 | 0.6% | 19 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.1M | 9,755 | 0.6% | 19 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $2.1M | 10,860 | 0.6% | 19 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.0M | 8,374 | 0.6% | 19 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $2.0M | 7,769 | 0.6% | 19 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.9M | 2,584 | 0.6% | 9 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $1.9M | 12,274 | 0.6% | 19 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $1.9M | 41,945 | 0.6% | 19 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $1.8M | 66,711 | 0.6% | 19 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $1.8M | 8,661 | 0.6% | 19 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.7M | 17,213 | 0.5% | 19 |
| GLOBAL X FDS | [BUG](https://holderbook.com/stocks/BUG/) | $1.6M | 42,816 | 0.5% | 15 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.6M | 28,517 | 0.5% | 19 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $1.6M | 8,744 | 0.5% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.6M | 10,916 | 0.5% | 19 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.5M | 6,049 | 0.5% | 19 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $1.5M | 12,328 | 0.5% | 18 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.5M | 19,139 | 0.5% | 19 |
| J P MORGAN EXCHANGE TRADED F | [HELO](https://holderbook.com/stocks/HELO/) | $1.4M | 20,823 | 0.4% | 10 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.4M | 3,975 | 0.4% | 7 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $1.4M | 1,988 | 0.4% | 19 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.4M | 32,250 | 0.4% | 19 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $1.4M | 17,859 | 0.4% | 19 |
| AMERICAN CENTY ETF TR | [AVES](https://holderbook.com/stocks/AVES/) | $1.3M | 19,316 | 0.4% | 17 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $1.3M | 9,901 | 0.4% | 19 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.2M | 7,262 | 0.4% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JIVE](https://holderbook.com/stocks/JIVE/) | $1.2M | 13,050 | 0.4% | 3 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $1.2M | 19,139 | 0.4% | 15 |
| J P MORGAN EXCHANGE TRADED F | [JPIE](https://holderbook.com/stocks/JPIE/) | $1.1M | 24,750 | 0.4% | 4 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $1.1M | 13,478 | 0.3% | 19 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.1M | 7,000 | 0.3% | 7 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.1M | 4,070 | 0.3% | 19 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.1M | 8,065 | 0.3% | 19 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $1.1M | 9,632 | 0.3% | 19 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.1M | 18,722 | 0.3% | 19 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.0M | 5,318 | 0.3% | 7 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $995.9K | 9,627 | 0.3% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $994.8K | 1,988 | 0.3% | 19 |
| FIRST TR EXCHANGE-TRADED FD | [KNG](https://holderbook.com/stocks/KNG/) | $992.9K | 19,662 | 0.3% | 12 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $990.2K | 7,200 | 0.3% | 19 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $981.1K | 8,662 | 0.3% | 19 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $980.1K | 8,344 | 0.3% | 19 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $929.0K | 38,580 | 0.3% | 19 |
| AMERICAN CENTY ETF TR | [AVDV](https://holderbook.com/stocks/AVDV/) | $927.9K | 9,005 | 0.3% | 8 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $861.7K | 7,323 | 0.3% | 19 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $843.0K | 2,328 | 0.3% | 19 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $842.4K | 3,839 | 0.3% | 18 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $840.9K | 3,884 | 0.3% | 19 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $840.9K | 2,799 | 0.3% | 19 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $838.2K | 1,645 | 0.3% | 19 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $837.3K | 8,699 | 0.3% | 19 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $823.0K | 11,774 | 0.3% | 19 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $821.6K | 2,757 | 0.3% | 19 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $794.1K | 11,259 | 0.2% | 19 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $789.4K | 9,614 | 0.2% | 19 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $778.9K | 1,043 | 0.2% | 15 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $749.2K | 9,720 | 0.2% | 19 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $737.1K | 6,715 | 0.2% | 19 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $730.2K | 3,276 | 0.2% | 19 |
| DIMENSIONAL ETF TRUST | [DFEV](https://holderbook.com/stocks/DFEV/) | $729.6K | 17,100 | 0.2% | 8 |
| ISHARES TR | [TLTW](https://holderbook.com/stocks/TLTW/) | $714.2K | 31,969 | 0.2% | 14 |

## 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 | +11.3% | +14.8% | -3.6% | 100% |
| Q1 2026 | +1.7% | -4.6% | +6.3% | 100% |
| Q4 2025 | +2.2% | +2.4% | -0.1% | 100% |
| Q3 2025 | +7.2% | +7.8% | -0.6% | 100% |
| Q2 2025 | +6.9% | +10.5% | -3.6% | 100% |
| Q1 2025 | -2.0% | -4.6% | +2.6% | 100% |
| Q4 2024 | +0.6% | +2.1% | -1.5% | 100% |
| Q3 2024 | +6.5% | +5.4% | +1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $324.5M | 194 |
| Q1 2026 | $279.3M | 185 |
| Q4 2025 | $269.6M | 175 |
| Q3 2025 | $257.8M | 183 |
| Q2 2025 | $243.6M | 177 |
| Q1 2025 | $222.4M | 171 |
| Q4 2024 | $221.9M | 170 |
| Q3 2024 | $208.4M | 165 |
| Q2 2024 | $190.7M | 160 |
| Q1 2024 | $178.5M | 159 |
| Q4 2023 | $164.9M | 159 |
| Q3 2023 | $140.5M | 146 |