Q2 2025 · 13F-HR
NCM Capital Management, LLCholdings as filed
Filed 2025-08-14 · accession 0001907054-25-000005
$243.6M
Reported value
177
Positions
2025-06-30
Period end
The Brief · NCM Capital Management, LLC · Q2 2025
AI · grounded in 13F
NCM Capital Management, LLC established a new position in NVDA valued at $21.7M. The fund also initiated new stakes in DIVO for $12.7M and TPL for $10.7M. Additional new positions include MSFT at $8.7M and JEPI at $8.0M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 67066G104 | NVDA | NVIDIA CORPORATION | $21.7M | 8.93% | 137,620 | Common | NONE |
| 032108409 | DIVO | AMPLIFY ETF TR | $12.7M | 5.23% | 299,115 | Common | NONE |
| 88262P102 | TPL | TEXAS PACIFIC LAND CORPORATI | $10.7M | 4.41% | 10,158 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $8.7M | 3.55% | 17,389 | Common | NONE |
| 46641Q332 | JEPI | J P MORGAN EXCHANGE TRADED F | $8.0M | 3.27% | 140,080 | Common | NONE |
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $6.9M | 2.84% | 260,392 | Common | NONE |
| 922908736 | VUG | VANGUARD INDEX FDS | $6.8M | 2.80% | 15,518 | Common | NONE |
| 025072877 | AVUV | AMERICAN CENTY ETF TR | $6.7M | 2.77% | 73,770 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $6.7M | 2.74% | 32,526 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $6.6M | 2.70% | 22,710 | Common | NONE |
| 87283Q867 | TCAF | T ROWE PRICE ETF INC | $6.0M | 2.45% | 169,122 | Common | NONE |
| 921946810 | VIGI | VANGUARD WHITEHALL FDS | $4.8M | 1.99% | 53,656 | Common | NONE |
| 53656F623 | INFL | LISTED FDS TR | $4.5M | 1.86% | 107,349 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $3.6M | 1.47% | 20,248 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $2.7M | 1.10% | 8,846 | Common | NONE |
| 26922A222 | ACIO | ETF SER SOLUTIONS | $2.5M | 1.02% | 59,761 | Common | NONE |
| 46641Q654 | JMST | J P MORGAN EXCHANGE TRADED F | $2.5M | 1.02% | 48,690 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $2.3M | 0.95% | 2,963 | Common | NONE |
| 88579Y101 | MMM | 3M CO | $2.3M | 0.94% | 15,083 | Common | NONE |
| 69374H881 | COWZ | PACER FDS TR | $2.3M | 0.94% | 41,532 | Common | NONE |
| 92189F106 | GDX | VANECK ETF TRUST | $2.2M | 0.88% | 41,357 | Common | NONE |
| 92204A504 | VHT | VANGUARD WORLD FD | $2.1M | 0.84% | 8,281 | Common | NONE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $2.0M | 0.81% | 10,819 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $1.9M | 0.79% | 8,749 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $1.9M | 0.79% | 5,219 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $1.9M | 0.78% | 17,711 | Common | NONE |
| G29183103 | ETN | EATON CORP PLC | $1.9M | 0.76% | 5,215 | Common | NONE |
| 464287721 | IYW | ISHARES TR | $1.8M | 0.75% | 10,551 | Common | NONE |
| 81369Y886 | XLU | SELECT SECTOR SPDR TR | $1.8M | 0.75% | 22,263 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $1.8M | 0.73% | 2,861 | Common | NONE |
| 464287168 | DVY | ISHARES TR | $1.8M | 0.72% | 13,229 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $1.7M | 0.72% | 5,920 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $1.7M | 0.68% | 2,993 | Common | NONE |
| 46429B663 | HDV | ISHARES TR | $1.6M | 0.64% | 13,402 | Common | NONE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $1.5M | 0.61% | 21,510 | Common | NONE |
| 46432F388 | VLUE | ISHARES TR | $1.5M | 0.61% | 13,142 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $1.5M | 0.60% | 18,591 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $1.4M | 0.59% | 30,498 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $1.4M | 0.59% | 7,698 | Common | NONE |
| 747525103 | QCOM | QUALCOMM INC | $1.4M | 0.58% | 8,922 | Common | NONE |
| 46436E338 | TLTW | ISHARES TR | $1.4M | 0.57% | 60,327 | Common | NONE |
| 46432F842 | IEFA | ISHARES TR | $1.4M | 0.57% | 16,704 | Common | NONE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $1.4M | 0.56% | 5,426 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $1.4M | 0.56% | 5,890 | Common | NONE |
| 617446448 | MS | MORGAN STANLEY | $1.3M | 0.53% | 9,105 | Common | NONE |
| 46654Q724 | HELO | J P MORGAN EXCHANGE TRADED F | $1.3M | 0.51% | 20,003 | Common | NONE |
| 46434V621 | DGRO | ISHARES TR | $1.2M | 0.51% | 19,360 | Common | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $1.2M | 0.49% | 8,492 | Common | NONE |
| 464287507 | IJH | ISHARES TR | $1.2M | 0.49% | 19,339 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $1.1M | 0.47% | 7,217 | Common | NONE |
| 37954Y384 | BUG | GLOBAL X FDS | $1.1M | 0.47% | 30,826 | Common | NONE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF TR | $1.1M | 0.46% | 1,988 | Common | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $1.1M | 0.46% | 10,147 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $1.1M | 0.46% | 9,010 | Common | NONE |
| 92206C664 | VTWO | VANGUARD SCOTTSDALE FDS | $1.1M | 0.44% | 12,328 | Common | NONE |
| 75513E101 | RTX | RTX CORPORATION | $1.1M | 0.44% | 7,302 | Common | NONE |
| 46654Q203 | JEPQ | J P MORGAN EXCHANGE TRADED F | $1.1M | 0.43% | 19,299 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $1.1M | 0.43% | 3,594 | Common | NONE |
| 09260D107 | BX | BLACKSTONE INC | $1.0M | 0.41% | 6,748 | Common | NONE |
| 316188309 | FBND | FIDELITY MERRIMACK STR TR | $1.0M | 0.41% | 22,041 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $985,142 | 0.40% | 2,028 | Common | NONE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $982,552 | 0.40% | 21,226 | Common | NONE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $953,966 | 0.39% | 7,156 | Common | NONE |
| 025072372 | AVES | AMERICAN CENTY ETF TR | $946,247 | 0.39% | 17,669 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $927,657 | 0.38% | 6,070 | Common | NONE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $909,552 | 0.37% | 10,129 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $888,561 | 0.36% | 6,205 | Common | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $855,342 | 0.35% | 3,738 | Common | NONE |
| 464287309 | IVW | ISHARES TR | $844,031 | 0.35% | 7,645 | Common | NONE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $833,955 | 0.34% | 10,299 | Common | NONE |
| 084423102 | WRB | BERKLEY W R CORP | $827,217 | 0.34% | 11,259 | Common | NONE |
| 713448108 | PEP | PEPSICO INC | $818,993 | 0.34% | 6,203 | Common | NONE |
| 464287457 | SHY | ISHARES TR | $792,849 | 0.33% | 9,569 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $791,408 | 0.32% | 18,290 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $788,066 | 0.32% | 2,030 | Common | NONE |
| 219350105 | GLW | CORNING INC | $774,530 | 0.32% | 14,728 | Common | NONE |
| 097023105 | BA | BOEING CO | $772,003 | 0.32% | 3,684 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $753,081 | 0.31% | 31,068 | Common | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $746,048 | 0.31% | 1,611 | Common | NONE |
| 931142103 | WMT | WALMART INC | $742,802 | 0.30% | 7,597 | Common | NONE |
| 458140100 | INTC | INTEL CORP | $725,974 | 0.30% | 32,410 | Common | NONE |
| 46432F339 | QUAL | ISHARES TR | $701,846 | 0.29% | 3,839 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $694,058 | 0.28% | 3,927 | Common | NONE |
| 654106103 | NKE | NIKE INC | $693,883 | 0.28% | 9,768 | Common | NONE |
| 126650100 | CVS | CVS HEALTH CORP | $677,729 | 0.28% | 9,825 | Common | NONE |
| 031162100 | AMGN | AMGEN INC | $658,363 | 0.27% | 2,358 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $648,743 | 0.27% | 1,050 | Common | NONE |
| 87265H109 | T86 | TRI POINTE HOMES INC | $642,195 | 0.26% | 20,100 | Common | NONE |
| 464287655 | IWM | ISHARES TR | $640,699 | 0.26% | 2,969 | Common | NONE |
| 87283Q784 | TCAL | T ROWE PRICE ETF INC | $638,779 | 0.26% | 25,843 | Common | NONE |
| 25434V609 | DFAT | DIMENSIONAL ETF TRUST | $627,554 | 0.26% | 11,630 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $627,453 | 0.26% | 1,105 | Common | NONE |
| 92204A207 | VDC | VANGUARD WORLD FD | $625,245 | 0.26% | 2,855 | Common | NONE |
| 33739Q705 | KNG | FIRST TR EXCHANGE-TRADED FD | $616,875 | 0.25% | 12,564 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $611,080 | 0.25% | 8,807 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $598,398 | 0.25% | 4,400 | Common | NONE |
| 26923N512 | FCTE | ETF OPPORTUNITIES TRUST | $597,170 | 0.25% | 22,450 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $596,568 | 0.24% | 2,875 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $592,894 | 0.24% | 1,945 | Common | NONE |
| 389637109 | GBTC | GRAYSCALE BITCOIN TRUST ETF | $587,278 | 0.24% | 6,923 | Common | NONE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $585,561 | 0.24% | 1,960 | Common | NONE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $561,597 | 0.23% | 6,306 | Common | NONE |
| 464287598 | IWD | ISHARES TR | $556,367 | 0.23% | 2,864 | Common | NONE |
| 00206R102 | T | AT&T INC | $531,165 | 0.22% | 18,354 | Common | NONE |
| 45782C656 | PSEP | INNOVATOR ETFS TRUST | $529,689 | 0.22% | 12,954 | Common | NONE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $527,810 | 0.22% | 9,400 | Common | NONE |
| 548661107 | LOW | LOWES COS INC | $504,326 | 0.21% | 2,272 | Common | NONE |
| 78464A854 | SPYM | SPDR SERIES TRUST | $503,214 | 0.21% | 6,651 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $496,988 | 0.20% | 2,802 | Common | NONE |
| 962166104 | WY | WEYERHAEUSER CO MTN BE | $493,102 | 0.20% | 19,194 | Common | NONE |
| 46138E362 | SPHD | INVESCO EXCH TRADED FD TR II | $490,093 | 0.20% | 10,213 | Common | NONE |
| 37045V100 | GM | GENERAL MTRS CO | $485,287 | 0.20% | 9,862 | Common | NONE |
| 126408103 | CSX | CSX CORP | $464,847 | 0.19% | 14,246 | Common | NONE |
| 316092113 | FELC | FIDELITY COVINGTON TRUST | $460,834 | 0.19% | 13,361 | Common | NONE |
| 025072802 | AVDV | AMERICAN CENTY ETF TR | $457,946 | 0.19% | 5,773 | Common | NONE |
| 97717W851 | DXJ | WISDOMTREE TR | $453,345 | 0.19% | 3,967 | Common | NONE |
| 464287473 | IWS | ISHARES TR | $452,285 | 0.19% | 3,422 | Common | NONE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $452,039 | 0.19% | 3,831 | Common | NONE |
| 25434V724 | DFUV | DIMENSIONAL ETF TRUST | $442,460 | 0.18% | 10,465 | Common | NONE |
| 464287499 | IWR | ISHARES TR | $437,041 | 0.18% | 4,752 | Common | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $428,189 | 0.18% | 605 | Common | NONE |
| 464288414 | MUB | ISHARES TR | $424,119 | 0.17% | 4,059 | Common | NONE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $421,339 | 0.17% | 4,174 | Common | NONE |
| 25434V740 | DFEV | DIMENSIONAL ETF TRUST | $418,816 | 0.17% | 13,950 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $411,788 | 0.17% | 416 | Common | NONE |
| 95058W100 | WEN | WENDYS CO | $407,635 | 0.17% | 35,695 | Common | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $400,563 | 0.16% | 3,250 | Common | NONE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $398,025 | 0.16% | 1,945 | Common | NONE |
| 92204A603 | VIS | VANGUARD WORLD FD | $393,498 | 0.16% | 1,405 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $392,023 | 0.16% | 3,587 | Common | NONE |
| 075887109 | BDX | BECTON DICKINSON & CO | $385,573 | 0.16% | 2,238 | Common | NONE |
| 464288158 | SUB | ISHARES TR | $384,066 | 0.16% | 3,596 | Common | NONE |
| 464287606 | IJK | ISHARES TR | $380,296 | 0.16% | 4,180 | Common | NONE |
| 92189F700 | MOO | VANECK ETF TRUST | $368,174 | 0.15% | 5,001 | Common | NONE |
| 921910733 | ESGV | VANGUARD WORLD FD | $366,307 | 0.15% | 3,341 | Common | NONE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $361,574 | 0.15% | 2,683 | Common | NONE |
| 46138J619 | OMFL | INVESCO EXCH TRD SLF IDX FD | $361,136 | 0.15% | 6,250 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $360,424 | 0.15% | 1,761 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $335,122 | 0.14% | 1,302 | Common | NONE |
| 127190304 | CACI | CACI INTL INC | $333,690 | 0.14% | 700 | Common | NONE |
| 191216100 | KO | COCA COLA CO | $325,583 | 0.13% | 4,602 | Common | NONE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $322,711 | 0.13% | 4,785 | Common | NONE |
| 67069Y102 | XNXJX | NUVEEN NEW JERSEY QULT MUN F | $304,793 | 0.13% | 26,854 | Common | NONE |
| 78464A870 | XBI | SPDR SERIES TRUST | $299,884 | 0.12% | 3,616 | Common | NONE |
| 744573106 | PEG | PUBLIC SVC ENTERPRISE GRP IN | $295,640 | 0.12% | 3,512 | Common | NONE |
| 46429B697 | USMV | ISHARES TR | $291,376 | 0.12% | 3,106 | Common | NONE |
| 921909768 | VXUS | VANGUARD STAR FDS | $289,625 | 0.12% | 4,192 | Common | NONE |
| 36828A101 | GEV | GE VERNOVA INC | $288,387 | 0.12% | 545 | Common | NONE |
| 922908652 | VXF | VANGUARD INDEX FDS | $286,560 | 0.12% | 1,487 | Common | NONE |
| 46138E263 | CGW | INVESCO EXCH TRADED FD TR II | $284,938 | 0.12% | 4,559 | Common | NONE |
| 907818108 | UNP | UNION PAC CORP | $271,897 | 0.11% | 1,182 | Common | NONE |
| 46641Q837 | JPST | J P MORGAN EXCHANGE TRADED F | $271,030 | 0.11% | 5,348 | Common | NONE |
| 494368103 | KMB | KIMBERLY-CLARK CORP | $266,164 | 0.11% | 2,065 | Common | NONE |
| 364760108 | GAP | GAP INC | $258,449 | 0.11% | 11,850 | Common | NONE |
| 46432F396 | MTUM | ISHARES TR | $250,943 | 0.10% | 1,044 | Common | NONE |
| 244199105 | DE | DEERE & CO | $248,652 | 0.10% | 489 | Common | NONE |
| 911363109 | URI | UNITED RENTALS INC | $247,869 | 0.10% | 329 | Common | NONE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $239,831 | 0.10% | 3,227 | Common | NONE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $236,831 | 0.10% | 768 | Common | NONE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $236,674 | 0.10% | 2,791 | Common | NONE |
| 921910725 | VSGX | VANGUARD WORLD FD | $236,062 | 0.10% | 3,604 | Common | NONE |
| 464287556 | IBB | ISHARES TR | $235,941 | 0.10% | 1,865 | Common | NONE |
| 92826C839 | V | VISA INC | $230,225 | 0.09% | 649 | Common | NONE |
| 921937827 | BSV | VANGUARD BD INDEX FDS | $229,647 | 0.09% | 2,918 | Common | NONE |
| 743315103 | PGR | PROGRESSIVE CORP | $224,162 | 0.09% | 840 | Common | NONE |
| 921937835 | BND | VANGUARD BD INDEX FDS | $223,688 | 0.09% | 3,038 | Common | NONE |
| 37954Y673 | PAVE | GLOBAL X FDS | $218,144 | 0.09% | 5,006 | Common | NONE |
| 460146103 | IP | INTERNATIONAL PAPER CO | $215,418 | 0.09% | 4,600 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $214,984 | 0.09% | 291 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $213,119 | 0.09% | 2,660 | Common | NONE |
| V7780T103 | RCL | ROYAL CARIBBEAN GROUP | $212,128 | 0.09% | 677 | Common | NONE |
| 464287465 | EFA | ISHARES TR | $203,452 | 0.08% | 2,276 | Common | NONE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $200,628 | 0.08% | 1,360 | Common | NONE |
| 258622109 | DSL | DOUBLELINE INCOME SOLUTIONS | $150,552 | 0.06% | 12,300 | Common | NONE |
| 345370860 | F | FORD MTR CO | $139,195 | 0.06% | 12,829 | Common | NONE |
| 25401T603 | DBRG | DIGITALBRIDGE GROUP INC | $107,640 | 0.04% | 10,400 | Common | NONE |
| 46131J103 | VKQ | INVESCO MUNICIPAL TRUST | $105,005 | 0.04% | 11,476 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.