Q2 2026 13F · SEC CIK 2023709

NCP Inc.

Hedge fundFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $71.9M
Reported positions: 78
Holdings vs S&P 500, 3 yrs: —
Assets under management: $1.8B

NCP Inc. is a hedge fund that reported 78 positions worth $71.9M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Nvidia Corporation (NVDA, 21.1%), Amazon Com Inc (AMZN, 8.9%), Alphabet Inc (GOOGL, 7.7%).

NCP Inc. holdings largest 50 of 78 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.

NCP Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation	21.1%	21.9%	75,826	+0.3%	$15.2M
AMZNAmazon Com Inc	8.9%	9.2%	26,700	+0.4%	$6.4M
GOOGLAlphabet Inc	7.7%	7.4%	15,500	+0.0%	$5.5M
TSLATesla Inc	6.7%	7.1%	11,400	+0.0%	$4.8M
AAPLApple Inc	6.4%	6.7%	15,808	-0.2%	$4.6M
CRWDCrowdstrike Hldgs Inc	6.3%	3.2%	5,950	+19.0%	$4.5M
AVGOBroadcom Inc	6.0%	6.1%	11,425	-3.4%	$4.3M
EQIXEquinix Inc	4.6%	5.1%	3,150	+0.0%	$3.3M
QQQInvesco Qqq Tr	4.0%	2.2%	3,950	+75.6%	$2.9M
COSTCostco Wholesale Corporation	2.5%	3.1%	1,923	+1.6%	$1.8M
BABoeing Co	2.2%	2.4%	7,400	+2.8%	$1.6M
GSGoldman Sachs Group Inc	2.1%	2.1%	1,500	+0.0%	$1.5M
ARMArm Holdings PLC	1.7%	—	3,500	—	$1.2M
GEVGe Vernova Inc	1.7%	1.5%	1,046	+0.0%	$1.2M
JPMJpmorgan Chase & Co	1.7%	1.8%	3,700	+0.0%	$1.2M
WMWaste Mgmt Inc Del	1.3%	1.5%	4,040	+0.0%	$900K
GEGe Aerospace	1.2%	1.1%	2,330	+0.0%	$871K
ISRGIntuitive Surgical Inc	1.1%	1.5%	2,000	+0.0%	$795K
METAMeta Platforms Inc	1.0%	1.3%	1,260	-7.4%	$710K
JNJJohnson & Johnson	0.9%	1.1%	2,674	+0.0%	$679K
ALABAstera Labs Inc	0.9%	—	1,300	—	$628K
UALUnited Airls Hldgs Inc	0.9%	0.7%	4,500	+0.0%	$612K
CRDOCredo Technology Group Holdi	0.8%	—	2,100	—	$571K
MSFTMicrosoft Corp	0.8%	0.9%	1,456	+0.0%	$543K
RKLBRocket Lab Corp	0.6%	—	4,000	—	$407K
BACBank of Amer Corp	0.5%	0.5%	6,250	-3.1%	$356K
UNHUnitedhealth Group Inc	0.4%	0.9%	750	-61.5%	$312K
NFLXNetflix Inc.	0.4%	0.6%	3,750	+7.1%	$268K
TMOThermo Fisher Scientific Inc	0.3%	0.4%	500	+0.0%	$251K
HONHoneywell Intl Inc	0.3%	—	1,091	—	$244K
MXLMaxlinear Inc	0.3%	—	1,900	—	$243K
HONAHoneywell Aerospace Inc	0.3%	—	1,091	—	$241K
XLFSelect Sector Spdr Tr	0.3%	0.4%	4,400	+0.0%	$236K
OKLOOklo Inc	0.3%	—	4,400	—	$230K
MMM3m Co	0.3%	0.3%	1,400	+0.0%	$227K
GMGeneral Mtrs Co	0.3%	0.3%	2,600	+0.0%	$200K
ALGMAllegro Microsystems Inc	0.2%	—	2,100	—	$146K
GOOGAlphabet Inc	0.2%	0.2%	400	+0.0%	$141K
IBMInternational Business Machs	0.2%	0.2%	450	+0.0%	$127K
MOAltria Group Inc	0.2%	0.2%	1,700	+0.0%	$122K
AMDAdvanced Micro Devices Inc	0.2%	—	200	—	$116K
SPYState Str Spdr S&p 500 ETF T	0.2%	0.2%	150	+0.0%	$112K
URAGlobal X Fds	0.2%	—	2,500	—	$109K
VEUVanguard Intl Equity Index F	0.2%	0.2%	1,300	+0.0%	$109K
VVisa Inc	0.1%	0.2%	313	+0.0%	$107K
HDHome Depot Inc	0.1%	0.2%	300	+0.0%	$106K
JCIJohnson Controls Internation	0.1%	0.1%	686	+0.0%	$100K
WMTWalmart Inc	0.1%	0.1%	800	+33.3%	$91K
CSCOCisco Sys Inc	0.1%	—	600	—	$70K
ORLYOreilly Automotive Inc	0.1%	0.1%	750	+0.0%	$69K

What NCP Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

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

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: +16.6% /yr; S&P 500 +20.1%
3 years: —
5 years: —

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	$71.9M	78
Q1 2026	$60.1M	74
Q4 2025	$124.0M	163
Q3 2025	$134.5M	51
Q2 2025	$106.1M	50
Q1 2025	$74.1M	133
Q4 2024	$194.8M	132
Q3 2024	$175.5M	136
Q2 2024	$158.1M	138
Q1 2024	$144.5M	136

Questions about NCP Inc.'s portfolio

What stocks does NCP Inc. own?

NCP Inc.'s latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 78 positions worth $71.9M. The largest are Nvidia Corporation (NVDA) at 21.1%, Amazon Com Inc (AMZN) at 8.9%, Alphabet Inc (GOOGL) at 7.7%, Tesla Inc (TSLA) at 6.7% and Apple Inc (AAPL) at 6.4%.

What did NCP Inc. buy last quarter?

In Q2 2026, NCP Inc. added Invesco Qqq Tr (QQQ) (+75.6% shares), Walmart Inc (WMT) (+33.3% shares) and Crowdstrike Hldgs Inc (CRWD) (+19.0% shares), compared with its Q1 2026 filing.

What did NCP Inc. sell last quarter?

In Q2 2026, NCP Inc. cut from its top 50 Palo Alto Networks Inc (PANW), cut from its top 50 Palantir Technologies Inc (PLTR), cut from its top 50 Honeywell Intl. Inc (HON), cut from its top 50 At&t Inc (T), cut from its top 50 Verizon Communications Inc (VZ), Unitedhealth Group Inc (UNH) (-61.5% shares) and Meta Platforms Inc (META) (-7.4% shares), compared with its Q1 2026 filing.

When is NCP Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. NCP Inc.'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 NCP Inc. manage?

NCP Inc. reported $1.8B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $71.9M.