Bearing Point Capital, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 11, 2026), Bearing Point Capital, LLC reported 202 stock positions worth $739.8 million. Its top holding was Nvidia (NVDA) at 4.8% of the portfolio, followed by Palo Alto Networks (PANW, 3.7%) and Apple (AAPL, 3.7%). Compared with Q1 2026, it opened 40 new positions, sold out of 5, added to 79 and reduced 40. The biggest buy was Palo Alto Networks (PANW, shares +2%) and the biggest sale iShares 1-3 Year Treasury Bo (SHY, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMINGTON, MN
- CIK
- 0002052916
- Portfolio Value
- $739.8M (Q2 2026)
- SEC Filing
- 0001765380-26-000346 ↗ filed Aug 11, 2026
Holdings Value
Holdings 202 stocks · $739.8M
| NVDA Nvidia Corp. | 4.82% | 178,060 | $35.6M | Reduce -2.2% |
| PANW Palo Alto Networks Inc. | 3.67% | 79,541 | $27.1M | Add +2.2% |
| AAPL Apple Inc. | 3.65% | 93,405 | $27.0M | Reduce -1.4% |
| DELL Dell Technologies -C | 2.63% | 45,051 | $19.4M | Reduce -25.0% |
| RODM Hartford Multifact Dev MRKT | 2.50% | 457,926 | $18.5M | Add +8.3% |
| AMZN Amazon.com Inc. | 2.24% | 69,596 | $16.6M | Reduce -0.4% |
| GDXJ Vaneck Junior Gold Miners | 2.23% | 168,267 | $16.5M | Add +25.0% |
| AGX Argan Inc. | 2.13% | 19,760 | $15.8M | Reduce -0.2% |
| AVGO Broadcom Inc. | 2.11% | 41,396 | $15.6M | Reduce -0.6% |
| MSFT Microsoft Corp. | 2.09% | 41,471 | $15.5M | Add +1.9% |
| GOOGL Alphabet Inc. Class A | 2.01% | 41,701 | $14.9M | Add +1.2% |
| JPM JPMorgan Chase & Co. | 1.98% | 44,770 | $14.7M | Add +0.2% |
| HWM Howmet Aerospace Inc. | 1.97% | 54,288 | $14.6M | Add +0.0% |
| ADM Archer-Daniels-Midland Co. | 1.96% | 190,240 | $14.5M | Add +0.1% |
| V Visa Inc. Class A | 1.95% | 41,960 | $14.4M | Add +0.9% |
| BAC Bank of America Corp. | 1.73% | 225,144 | $12.8M | Add +1.0% |
| NET Cloudflare Inc. Class A | 1.58% | 47,689 | $11.7M | Add +5.6% |
| DXJ Wisdomtree Japan Hedged Eq | 1.57% | 66,925 | $11.6M | Add +2.0% |
| ETN Eaton Corp. PLC | 1.57% | 27,182 | $11.6M | Add +20.6% |
| BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED | 1.45% | 129,143 | $10.8M | Add +1.1% |
| EMBJ Embraer SA-Spon ADR | 1.38% | 160,442 | $10.2M | Add +20.9% |
| AXP American Express Co. | 1.38% | 30,143 | $10.2M | Add +0.7% |
| ECL Ecolab Inc. | 1.37% | 36,322 | $10.1M | Add +3.8% |
| GOOG Alphabet Inc. Class C | 1.32% | 27,582 | $9.7M | Reduce -2.4% |
| MDY State Street SPDR S&P Midcap | 1.29% | 13,581 | $9.6M | Reduce -1.1% |
| FCX Freeport-McMoran Inc. | 1.29% | 151,387 | $9.5M | Add +3.3% |
| LLY Eli Lilly & Co. | 1.16% | 7,175 | $8.6M | Add +158.6% |
| CB Chubb Ltd. | 1.14% | 24,764 | $8.4M | Add +1.9% |
| CTVA Corteva Inc. | 1.14% | 99,244 | $8.4M | Add +0.5% |
| CVX Chevron Corp. | 1.13% | 50,237 | $8.3M | Add +0.4% |
| VEA Vanguard Ftse Developed ETF | 1.12% | 116,694 | $8.3M | Add +7.6% |
| SYK Stryker Corp. | 1.07% | 25,210 | $7.9M | Add +4.1% |
| SU Suncor Energy Inc. | 1.07% | 147,479 | $7.9M | Reduce -0.1% |
| SNOW Snowflake Inc. | 1.06% | 30,873 | $7.9M | Add +24.4% |
| AEP American Electric Power | 1.00% | 54,114 | $7.4M | Add +2.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.96% | 87,718 | $7.1M | Add +9.4% |
| AIRR First Trust Rba American Ind | 0.92% | 51,131 | $6.8M | Add +359.6% |
| IBB iShares Biotechnology ETF | 0.91% | 35,304 | $6.7M | Add +0.2% |
| INDA iShares MSCI India ETF | 0.89% | 133,409 | $6.6M | Reduce -25.4% |
| CME Cme Group Inc. | 0.89% | 29,677 | $6.6M | Reduce -16.9% |
| CEG Constellation Energy | 0.87% | 25,823 | $6.4M | Add +1.3% |
| SOLS Solstice Adv Materials Inc. | 0.85% | 71,085 | $6.3M | Add +3.5% |
| NEM Newmont Corp. | 0.82% | 64,768 | $6.0M | Add +0.3% |
| MPC Marathon Petroleum Corp. | 0.79% | 22,774 | $5.8M | Add +7.1% |
| APTV Aptiv PLC | 0.77% | 93,029 | $5.7M | Add +16.5% |
| SHY iShares 1-3 Year Treasury Bo | 0.77% | 69,117 | $5.7M | Reduce -45.8% |
| AR Antero Resources Corp. | 0.75% | 157,456 | $5.5M | Reduce -0.7% |
| GLW Corning Inc. | 0.72% | 20,804 | $5.3M | Add +0.4% |
| VGNT Versigent PLC | 0.71% | 125,360 | $5.3M | Add +371.4% |
| IVV iShares Core S&P 500 ETF | 0.70% | 6,913 | $5.2M | Add +0.3% |
| NOC Northrop Grumman Corp. | 0.68% | 9,926 | $5.1M | Reduce -0.5% |
| MA Mastercard Inc. Class A | 0.65% | 9,376 | $4.8M | Add +1.7% |
| SPOT Spotify Technology SA | 0.62% | 9,926 | $4.6M | Reduce -3.0% |
| DE Deere & Co. | 0.60% | 7,014 | $4.4M | New |
| RSP Invesco S&P 500 Equal Weight | 0.58% | 20,312 | $4.3M | Add +5.9% |
| MELI MercadoLibre Inc. | 0.58% | 2,529 | $4.3M | Reduce -9.4% |
| NOW ServiceNow Inc. | 0.57% | 42,251 | $4.2M | Add +25.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.57% | 5,614 | $4.2M | Add +40.8% |
| RSG Republic Services Inc. | 0.55% | 19,125 | $4.1M | Reduce -1.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.54% | 41,658 | $4.0M | Add +17.7% |
| XBI SS SPDR S&P Biotech ETF | 0.53% | 24,906 | $3.9M | Add +6.1% |
| USB US Bancorp | 0.52% | 63,404 | $3.8M | Add +0.1% |
| ABBV Abbvie Inc. | 0.50% | 14,798 | $3.7M | Add +0.9% |
| KKR KKR & Co. Inc. | 0.42% | 33,655 | $3.1M | Reduce -21.2% |
| HON Honeywell International Inc. | 0.36% | 11,993 | $2.7M | Add +1.9% |
| HD Home Depot Inc. | 0.36% | 7,495 | $2.6M | Reduce -1.6% |
| HONA Honeywell Aerospace Inc. | 0.36% | 11,928 | $2.6M | Add +1.4% |
| IWF iShares Russell 1000 Growth | 0.35% | 20,964 | $2.6M | No change |
| ENB Enbridge Inc. | 0.34% | 46,397 | $2.5M | Add +0.2% |
| INDY iShares India 50 ETF | 0.32% | 54,915 | $2.4M | New |
| VGT Vanguard Info Tech ETF | 0.32% | 19,783 | $2.4M | New |
| VOO Vanguard S&P 500 ETF | 0.30% | 3,219 | $2.2M | Add +11.8% |
| IJR iShares Core S&P Small-Cap E | 0.30% | 14,804 | $2.2M | Add +0.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.29% | 7,079 | $2.1M | Add +0.0% |
| DHR Danaher Corp. | 0.29% | 11,104 | $2.1M | Reduce -59.5% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.28% | 65,900 | $2.0M | No change |
| ACN Accenture PLC Class A | 0.27% | 15,980 | $2.0M | Reduce -51.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 3,942 | $2.0M | Reduce -0.6% |
| COST Costco Wholesale Corp. | 0.27% | 2,104 | $2.0M | No change |
| IJH iShares Core S&P Midcap ETF | 0.26% | 24,800 | $1.9M | No change |
| XEXGX Eaton Vance Tax-Managed Glob | 0.24% | 181,100 | $1.8M | Add +89.4% |
| COP Conocophillips | 0.24% | 17,015 | $1.8M | Reduce -4.7% |
| AVAV Aerovironment Inc. | 0.24% | 10,545 | $1.7M | Add +9.1% |
| NEE Nextera Energy Inc. | 0.23% | 19,727 | $1.7M | Add +1.5% |
| KO The Coca-Cola Co. | 0.22% | 20,456 | $1.7M | Add +1.1% |
| LMT Lockheed Martin Corp. | 0.21% | 2,983 | $1.5M | Reduce -4.6% |
| OPPJ Wisdomtree Japan Opportuniti | 0.20% | 26,261 | $1.5M | Add +4.4% |
| XLK SS Technology Select Sector | 0.20% | 7,688 | $1.5M | Reduce -37.9% |
| IVE iShares S&P 500 Value ETF | 0.19% | 6,343 | $1.4M | Add +22.1% |
| UNH Unitedhealth Group Inc. | 0.19% | 3,451 | $1.4M | Reduce -0.3% |
| NVT Nvent Electric PLC | 0.19% | 8,203 | $1.4M | Add +4.3% |
| TSLA Tesla Inc. | 0.19% | 3,300 | $1.4M | Add +9.7% |
| XOM Exxonmobil Holdings Corp. | 0.17% | 9,324 | $1.3M | Add +0.8% |
| FBTC Fidelity Wise Origin Bitcoin | 0.16% | 23,756 | $1.2M | Reduce -23.9% |
| TIP iShares Tips Bond ETF | 0.16% | 10,662 | $1.2M | No change |
| IWP iShares Russell Mid-Cap Grow | 0.16% | 7,887 | $1.2M | No change |
| AZN Astrazeneca PLC | 0.15% | 5,942 | $1.1M | Add +1.4% |
| MCD McDonald's Corp. | 0.15% | 4,138 | $1.1M | Add +4.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.15% | 9,092 | $1.1M | New |
| EIX Edison International | 0.14% | 14,319 | $1.1M | Add +28.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $316K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 273 | $316K | Reduce -45.2% |
Total filed on the 13F, all lines: $740.2M.
Portfolio Sells Q1 2026 → Q2 2026
| SHY iShares 1-3 Year Treasury Bo | Reduce -45.8% | 0.77% | −0.88 |
| CME Cme Group Inc. | Reduce -16.9% | 0.89% | −0.77 |
| ACN Accenture PLC Class A | Reduce -51.5% | 0.27% | −0.75 |
| TM Toyota Motor Corp. -Spon ADR | Sold out | 0.00% | −0.71 |
| DHR Danaher Corp. | Reduce -59.5% | 0.29% | −0.53 |
| XAR SS SPDR S&P Aerospace Def | Reduce -89.9% | 0.05% | −0.51 |
| SU Suncor Energy Inc. | Reduce -0.1% | 1.07% | −0.46 |
| INDA iShares MSCI India ETF | Reduce -25.4% | 0.89% | −0.42 |
| NOC Northrop Grumman Corp. | Reduce -0.5% | 0.68% | −0.38 |
| AR Antero Resources Corp. | Reduce -0.7% | 0.75% | −0.31 |
| VGSH Vanguard Short-Term Treasury | Sold out | 0.00% | −0.26 |
| KKR KKR & Co. Inc. | Reduce -21.2% | 0.42% | −0.20 |
| MELI MercadoLibre Inc. | Reduce -9.4% | 0.58% | −0.18 |
| NVDA Nvidia Corp. | Reduce -2.2% | 4.82% | −0.16 |
| SPOT Spotify Technology SA | Reduce -3.0% | 0.62% | −0.16 |
| COP Conocophillips | Reduce -4.7% | 0.24% | −0.13 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -23.9% | 0.16% | −0.13 |
| AAPL Apple Inc. | Reduce -1.4% | 3.65% | −0.12 |
| RSG Republic Services Inc. | Reduce -1.3% | 0.55% | −0.11 |
| LMT Lockheed Martin Corp. | Reduce -4.6% | 0.21% | −0.09 |
| SHV iShares 0-1 Year Treasury Bo | Sold out | 0.00% | −0.07 |
| XLK SS Technology Select Sector | Reduce -37.9% | 0.20% | −0.06 |
| VIG Vanguard Dividend Apprec ETF | Reduce -31.8% | 0.08% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 2.24% | −0.04 |
| SAP Sap SE-Sponsored ADR | Reduce -12.0% | 0.09% | −0.04 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.04 |
| MDY State Street SPDR S&P Midcap | Reduce -1.1% | 1.29% | −0.04 |
| HD Home Depot Inc. | Reduce -1.6% | 0.36% | −0.04 |
| SGOL Abrdn Physical Gold Shares | Sold out | 0.00% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 0.27% | −0.03 |
| ABT Abbott Laboratories | Reduce -10.6% | 0.05% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -16.8% | 0.06% | −0.02 |
| DCI Donaldson Co. Inc. | Reduce -4.7% | 0.09% | −0.01 |
| DVY iShares Select Dividend ETF | Reduce -6.3% | 0.06% | −0.01 |
| NSC Norfolk Southern Corp. | Reduce -5.5% | 0.07% | −0.01 |
| XLF SS Financial Select Sector | Reduce -2.3% | 0.04% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.1% | 0.10% | −0.00 |
| IWM iShares Russell 2000 ETF | Reduce -1.1% | 0.13% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.5% | 0.08% | +0.00 |
| MS Morgan Stanley | Reduce -2.5% | 0.09% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -2.4% | 1.32% | +0.05 |
| UNH Unitedhealth Group Inc. | Reduce -0.3% | 0.19% | +0.05 |
| AVGO Broadcom Inc. | Reduce -0.6% | 2.11% | +0.09 |
| AGX Argan Inc. | Reduce -0.2% | 2.13% | +0.44 |
| DELL Dell Technologies -C | Reduce -25.0% | 2.63% | +1.08 |
Portfolio Buys Q1 2026 → Q2 2026
| PANW Palo Alto Networks Inc. | Add +2.2% | 3.67% | +1.71 |
| LLY Eli Lilly & Co. | Add +158.6% | 1.16% | +0.76 |
| AIRR First Trust Rba American Ind | Add +359.6% | 0.92% | +0.73 |
| DE Deere & Co. | New | 0.60% | +0.60 |
| VGNT Versigent PLC | Add +371.4% | 0.71% | +0.54 |
| SNOW Snowflake Inc. | Add +24.4% | 1.06% | +0.48 |
| INDY iShares India 50 ETF | New | 0.32% | +0.32 |
| VGT Vanguard Info Tech ETF | New | 0.32% | +0.32 |
| ETN Eaton Corp. PLC | Add +20.6% | 1.57% | +0.30 |
| GLW Corning Inc. | Add +0.4% | 0.72% | +0.28 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +40.8% | 0.57% | +0.16 |
| GOOGL Alphabet Inc. Class A | Add +1.2% | 2.01% | +0.16 |
| EMBJ Embraer SA-Spon ADR | Add +20.9% | 1.38% | +0.15 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.15% | +0.15 |
| OMAH Vistashares TRG 15 Berkshire | New | 0.14% | +0.14 |
| NET Cloudflare Inc. Class A | Add +5.6% | 1.58% | +0.12 |
| XEXGX Eaton Vance Tax-Managed Glob | Add +89.4% | 0.24% | +0.11 |
| MP MP Materials Corp. | New | 0.11% | +0.11 |
| BWXT BWX Technologies Inc. | New | 0.11% | +0.11 |
| GLAD Gladstone Capital Corp. | New | 0.10% | +0.10 |
| TROW T Rowe Price Group Inc. | New | 0.09% | +0.09 |
| NCDL Nuveen Churchill Direct Lend | New | 0.09% | +0.09 |
| PRU Prudential Financial Inc. | New | 0.09% | +0.09 |
| CLX Clorox Company | New | 0.09% | +0.09 |
| MO Altria Group Inc. | New | 0.09% | +0.09 |
| UPS United Parcel Service Class B | New | 0.09% | +0.09 |
| VICI Vici Properties Inc. | New | 0.08% | +0.08 |
| VALE Vale SA-SP ADR | New | 0.08% | +0.08 |
| BP BP PLC-Spons ADR | New | 0.08% | +0.08 |
| BCE Bce Inc. | New | 0.08% | +0.08 |
| HPQ HP Inc. | New | 0.08% | +0.08 |
| LYB Lyondellbasell Indu Class A | New | 0.07% | +0.07 |
| IBIT iShares Bitcoin Trust ETF | New | 0.07% | +0.07 |
| IBM Intl Business Machines Corp. | New | 0.07% | +0.07 |
| SNY Sanofi-ADR | New | 0.06% | +0.06 |
| XBI SS SPDR S&P Biotech ETF | Add +6.1% | 0.53% | +0.06 |
| INFY Infosys Ltd.-SP ADR | New | 0.06% | +0.06 |
| DEO Diageo PLC-Sponsored ADR | New | 0.06% | +0.06 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +9.4% | 0.96% | +0.05 |
| TTE Totalenergies SE | New | 0.05% | +0.05 |
| BBVA Banco Bilbao Vizcaya-SP ADR | New | 0.05% | +0.05 |
| AVR Anteris Technologies Global | Add +0.5% | 0.14% | +0.05 |
| MU Micron Technology Inc. | New | 0.05% | +0.05 |
| IVW iShares S&P 500 Growth ETF | New | 0.05% | +0.05 |
| RIO Rio Tinto PLC-Spon ADR | Add +105.3% | 0.10% | +0.04 |
| NVT Nvent Electric PLC | Add +4.3% | 0.19% | +0.04 |
| IEFA iShares Core MSCI Eafe ETF | Add +17.7% | 0.54% | +0.04 |
| IEMG iShares Core MSCI Emerging | New | 0.04% | +0.04 |
| AMD Advanced Micro Devices | New | 0.04% | +0.04 |
| QTUM Defiance Quantum ETF | New | 0.04% | +0.04 |
Notes & Other Activity Q1 2026 → Q2 2026
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -45.2% | 273 | $316K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 202 | $739.8M | NVDA, PANW, AAPL, DELL, RODM |
| Q1 2026 | 165 | $637.8M | NVDA, AAPL, RODM, GDXJ, MSFT |
| Q4 2025 | 182 | $639.1M | NVDA, AAPL, MSFT, AMZN, JPM |
| Q3 2025 | 163 | $580.4M | NVDA, AAPL, MSFT, AVGO, SHY |
| Q2 2025 | 164 | $542.8M | NVDA, AAPL, MSFT, SHY, V |
| Q1 2025 | 159 | $469.5M | AAPL, NVDA, MSFT, V, JPM |
| Q4 2024 | 161 | $479.1M | NVDA, AAPL, MSFT, AMZN, AVGO |