Q2 2026 13F · SEC CIK 1907054

NCM Capital Management, LLC

Wealth managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $324.5M
Reported positions: 194
Top holdings a year, 3 yrs: +22.0%
Assets under management: $539.4M

NCM Capital Management, LLC is a wealth manager that reported 194 positions worth $324.5M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Nvidia Corporation (NVDA, 8.9%), Texas Pacific Land Corporati (TPL, 4.0%), Amplify ETF Tr (DIVO, 3.9%). A portfolio copying its top holdings returned 22.0% a year over the last 3 years, against 22.3% for the S&P 500.

NCM Capital Management, LLC holdings largest 50 of 194 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

NCM Capital Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation	8.9%	8.1%	144,339	+11.2%	$28.9M
TPLTexas Pacific Land Corporati	4.0%	5.0%	29,744	+0.3%	$13.0M
DIVOAmplify ETF Tr	3.9%	4.4%	275,952	-0.0%	$12.6M
TCAFT Rowe Price Exchange-Traded	3.3%	2.9%	262,743	+15.8%	$10.8M
AVUVAmerican Centy ETF Tr	2.9%	2.9%	75,403	+1.5%	$9.4M
SCHDSchwab Strategic Tr	2.7%	2.9%	280,122	+6.8%	$8.9M
JEPIJ P Morgan Exchange Traded F	2.6%	2.9%	148,820	+2.9%	$8.4M
AAPLApple Inc	2.5%	2.5%	28,187	+3.7%	$8.2M
VUGVanguard Index Fds	2.5%	2.3%	92,975	+524.2%	$8.0M
INFLListed Fds Tr	2.4%	2.5%	153,838	+15.0%	$7.7M
JPMJpmorgan Chase & Co	2.2%	2.3%	21,937	+2.1%	$7.2M
GOOGLAlphabet Inc	2.2%	1.9%	19,788	+6.6%	$7.1M
MSFTMicrosoft Corp	2.0%	2.3%	17,156	+0.8%	$6.4M
VIGIVanguard Whitehall Fds	1.6%	1.7%	54,868	+0.7%	$5.1M
AMDAdvanced Micro Devices Inc	1.4%	0.6%	7,682	-0.1%	$4.5M
ACIOETF Ser Solutions	1.3%	1.3%	92,058	+6.4%	$4.2M
LLYEli Lilly & Co	1.1%	1.0%	2,914	-0.5%	$3.5M
GLWCorning Inc	1.0%	0.6%	13,233	+0.0%	$3.4M
JMSTJ P Morgan Exchange Traded F	1.0%	1.3%	65,165	-7.9%	$3.3M
XARState Streer	1.0%	1.0%	11,366	-1.0%	$3.2M
GDXVaneck ETF Trust	1.0%	1.4%	42,125	+0.0%	$3.2M
MUMicron Technology Inc	1.0%	—	2,750	—	$3.2M
INTCIntel Corp	0.9%	—	21,960	—	$3.1M
VTIVanguard Index Fds	0.9%	0.9%	8,159	+4.3%	$3.0M
GQGUAdvisors Inner Circle Fd III	0.9%	0.6%	118,119	+83.3%	$3.0M
TCALT Rowe Price ETF Inc	0.9%	0.9%	132,083	+12.9%	$2.9M
GEVGe Vernova Inc	0.8%	0.8%	2,340	-7.9%	$2.7M
MMM3m Co	0.8%	0.9%	16,808	+2.3%	$2.7M
IYWIshares Tr	0.8%	0.7%	10,359	-0.6%	$2.6M
VLUEIshares Tr	0.8%	0.6%	12,376	-0.4%	$2.5M
VHTVanguard World Fd	0.7%	0.8%	8,007	-0.3%	$2.4M
MRKMerck & Co Inc	0.7%	0.7%	18,441	+6.1%	$2.4M
COWZPacer Fds Tr	0.7%	0.8%	37,342	+0.0%	$2.3M
XOMExxon Mobil Corp	0.7%	1.0%	16,686	+3.1%	$2.3M
NEENextera Energy Inc	0.7%	0.7%	25,991	+23.9%	$2.3M
QQQInvesco Qqq Tr	0.7%	0.5%	3,015	+13.9%	$2.2M
CATCaterpillar Inc	0.7%	0.5%	2,031	+0.0%	$2.2M
IBMInternational Business Machs	0.6%	0.5%	7,478	+22.2%	$2.1M
ETNEaton Corp PLC	0.6%	0.6%	4,933	-0.5%	$2.1M
HDHome Depot Inc	0.6%	0.7%	5,908	+0.9%	$2.1M
RSPInvesco Exchange Traded Fd T	0.6%	0.7%	9,755	+0.1%	$2.1M
XLKSelect Sector Spdr Tr	0.6%	0.5%	10,860	+0.0%	$2.1M
AMZNAmazon Com Inc	0.6%	0.6%	8,374	+5.3%	$2.0M
ABBVAbbvie Inc	0.6%	0.6%	7,769	+3.3%	$2.0M
IVVIshares Tr	0.6%	0.6%	2,584	+9.5%	$1.9M
DVYIshares Tr	0.6%	0.7%	12,274	+0.1%	$1.9M
XLUSelect Sector Spdr Tr	0.6%	0.7%	41,945	-1.2%	$1.9M
HDVIshares Tr	0.6%	0.6%	66,711	+400.1%	$1.8M
MSMorgan Stanley	0.6%	—	8,661	—	$1.8M
IEFAIshares Tr	0.5%	0.6%	17,213	+0.1%	$1.7M

What NCM Capital Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

VUG Vanguard Index Fds+524.2% shares
HDV Ishares Tr+400.1% shares
GQGU Advisors Inner Circle Fd III+83.3% shares
NEE Nextera Energy Inc+23.9% shares
IBM International Business Machs+22.2% shares
TCAF T Rowe Price Exchange-Traded+15.8% shares
INFL Listed Fds Tr+15.0% shares
QQQ Invesco Qqq Tr+13.9% shares

Reduced

JMST J P Morgan Exchange Traded F-7.9% shares
GEV Ge Vernova Inc-7.9% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +11.0% /yr; S&P 500 +11.7%
3 years: +22.0% /yr; S&P 500 +22.3%
5 years: +12.6% /yr; S&P 500 +11.9%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F 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

Questions about NCM Capital Management, LLC's portfolio

What stocks does NCM Capital Management, LLC own?

NCM Capital Management, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 194 positions worth $324.5M. The largest are Nvidia Corporation (NVDA) at 8.9%, Texas Pacific Land Corporati (TPL) at 4.0%, Amplify ETF Tr (DIVO) at 3.9%, T Rowe Price Exchange-Traded (TCAF) at 3.3% and American Centy ETF Tr (AVUV) at 2.9%.

What did NCM Capital Management, LLC buy last quarter?

In Q2 2026, NCM Capital Management, LLC added Vanguard Index Fds (VUG) (+524.2% shares), Ishares Tr (HDV) (+400.1% shares) and Advisors Inner Circle Fd III (GQGU) (+83.3% shares), compared with its Q1 2026 filing.

What did NCM Capital Management, LLC sell last quarter?

In Q2 2026, NCM Capital Management, LLC cut from its top 50 Verizon Communications Inc (VZ), cut from its top 50 Chevron Corporation (CVX), cut from its top 50 Johnson & Johnson (JNJ), J P Morgan Exchange Traded F (JMST) (-7.9% shares) and Ge Vernova Inc (GEV) (-7.9% shares), compared with its Q1 2026 filing.

How has NCM Capital Management, LLC's portfolio performed?

A portfolio copying NCM Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +22.0% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +11.0% against +11.7%. Over 5 years: +12.6% a year against +11.9%.

When is NCM Capital Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. NCM Capital Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does NCM Capital Management, LLC manage?

NCM Capital Management, LLC reported $539.4M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $324.5M.