# KCM Capital Inc

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2026745. Source: https://holderbook.com/funds/2026745-kcm-capital-inc/

- Reported value: $617.9M
- Positions: 33
- Weight of the ten largest: 71.3%
- Filed: 2026-08-12

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 |
|---|---|---|---|---|---|
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $79.6M | 35,000 | 12.9% | 3 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $69.3M | 60,000 | 11.2% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $60.0M | 300,000 | 9.7% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $48.0M | 40,000 | 7.8% | 3 |
| GEO GROUP INC | [GEO](https://holderbook.com/stocks/GEO/) | $44.3M | 1,500,000 | 7.2% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $36.9M | 155,000 | 6.0% | 3 |
| CARNIVAL PLC | [CUK](https://holderbook.com/stocks/CUK/) | $31.4M | 1,100,000 | 5.1% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $26.5M | 75,000 | 4.3% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $22.5M | 40,000 | 3.6% | 3 |
| CERIBELL INC | [CBLL](https://holderbook.com/stocks/CBLL/) | $21.9M | 1,125,000 | 3.5% | 3 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $20.6M | 40,000 | 3.3% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $17.5M | 47,000 | 2.8% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $17.3M | 18,478 | 2.8% | 3 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $16.1M | 840,000 | 2.6% | 3 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $15.1M | 50,000 | 2.4% | 1 |
| DRAFTKINGS INC NEW | [DKNG](https://holderbook.com/stocks/DKNG/) | $12.6M | 500,000 | 2.0% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $11.9M | 43,923 | 1.9% | 3 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $8.8M | 35,000 | 1.4% | 3 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $6.8M | 150,000 | 1.1% | 3 |
| SHOULDER INNOVATIONS INC | [SI](https://holderbook.com/stocks/SI/) | $6.1M | 300,000 | 1.0% | 2 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $6.0M | 20,100 | 1.0% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $6.0M | 22,329 | 1.0% | 3 |
| CARLSMED INC | [CARL](https://holderbook.com/stocks/CARL/) | $4.6M | 440,000 | 0.7% | 2 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $4.2M | 33,000 | 0.7% | 2 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $4.2M | 30,800 | 0.7% | 2 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $3.9M | 31,000 | 0.6% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $3.9M | 0 | 0.6% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $3.8M | 65,800 | 0.6% | 2 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $3.5M | 38,127 | 0.6% | 3 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $2.3M | 0 | 0.4% | 1 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $1.1M | 12,950 | 0.2% | 3 |
| NEW ERA ENERGY & DIGITAL INC | [NUAI](https://holderbook.com/stocks/NUAI/) | $638.0K | 100,000 | 0.1% | 1 |
| GEO GROUP INC | [GEO](https://holderbook.com/stocks/GEO/) | $375.0K | 0 | 0.1% | 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 | +79.8% | +14.8% | +64.9% | 95% |
| Q1 2026 | +9.8% | -4.6% | +14.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $617.9M | 33 |
| Q1 2026 | $621.7M | 34 |
| Q4 2025 | $523.1M | 30 |