Black Cypress Capital Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), Black Cypress Capital Management, LLC reported 29 stock positions worth $149.6 million. Its top holding was Floor & Decor Class A (FND) at 14.2% of the portfolio, followed by US Bancorp (USB, 12.4%) and Meta Platforms Class A (META, 9.7%). Compared with Q1 2026, it sold out of 2, added to 5 and reduced 17. The biggest buy was Wells Fargo (WFC, shares +91%) and the biggest sale Wesco International (WCC, shares −63%).
- Most Recent 13F
- Q2 2026
- Location
- PONTE VEDRA BEACH, FL
- CIK
- 0002022614
- Portfolio Value
- $149.6M (Q2 2026)
- SEC Filing
- 0002022614-26-000003 ↗ filed Aug 7, 2026
Holdings Value
Holdings 29 stocks · $149.6M
| FND Floor & Decor Holdings Inc. Class A | 14.15% | 356,735 | $21.2M | Add +7.1% |
| USB US Bancorp | 12.37% | 306,354 | $18.5M | Reduce -2.6% |
| META Meta Platforms Inc. Class A | 9.68% | 25,699 | $14.5M | Reduce -3.5% |
| FBIN Fortune Brands Innovations I | 8.93% | 243,487 | $13.4M | Add +4.2% |
| AMZN Amazon.com Inc. | 8.82% | 55,363 | $13.2M | Reduce -4.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 7.75% | 120,475 | $11.6M | Reduce -1.7% |
| WFC Wells Fargo & Co. | 6.18% | 111,865 | $9.2M | Add +90.7% |
| UAL United Airlines Holdings Inc. | 5.65% | 62,184 | $8.5M | Reduce -3.5% |
| CCL Carnival Corp. | 4.87% | 255,136 | $7.3M | Add +1.2% |
| SLB SLB Ltd. filed as SLB LIMITED | 3.94% | 126,907 | $5.9M | Reduce -8.1% |
| HAL Halliburton Co. | 3.70% | 162,973 | $5.5M | Reduce -6.1% |
| WCC Wesco International Inc. | 3.17% | 13,729 | $4.7M | Reduce -63.0% |
| LULU Lululemon Athletica Inc. | 3.10% | 40,653 | $4.6M | Add +53.5% |
| BF.B Brown-Forman Corp. Class B | 2.89% | 161,988 | $4.3M | Reduce -5.0% |
| IEFA iShares Core MSCI Eafe ETF | 1.06% | 16,408 | $1.6M | Reduce -2.1% |
| SCHF Schwab Intl Equity ETF | 0.73% | 39,244 | $1.1M | Reduce -2.1% |
| VEA Vanguard Ftse Developed ETF | 0.72% | 15,129 | $1.1M | Reduce -0.7% |
| STZ Constellation Brands Inc. Class A | 0.56% | 6,076 | $845K | No change |
| IEMG iShares Core MSCI Emerging | 0.52% | 9,408 | $779K | Reduce -3.2% |
| VWO Vanguard Ftse Emerging Marke | 0.41% | 10,242 | $611K | Reduce -3.8% |
| DAL Delta Air Lines Inc. | 0.29% | 4,665 | $437K | Reduce -77.1% |
| IBTH iShares Ibonds Dec 2027 Term | 0.10% | 6,500 | $145K | No change |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.09% | 5,800 | $140K | No change |
| IVE iShares S&P 500 Value ETF | 0.08% | 539 | $122K | No change |
| IBTG iShares Ibonds Dec 2026 Term | 0.08% | 5,100 | $117K | No change |
| IVW iShares S&P 500 Growth ETF | 0.08% | 839 | $115K | No change |
| IBDR iShares Ibonds Dec 2026 Term | 0.06% | 3,500 | $85K | No change |
| SBUX Starbucks Corp. | 0.02% | 263 | $27K | Reduce -29.1% |
| LOW Lowe's Cos Inc. | 0.00% | 24 | $5K | Reduce -97.8% |
Portfolio Sells Q1 2026 → Q2 2026
| WCC Wesco International Inc. | Reduce -63.0% | 3.17% | −4.13 |
| META Meta Platforms Inc. Class A | Reduce -3.5% | 9.68% | −1.26 |
| HAL Halliburton Co. | Reduce -6.1% | 3.70% | −1.16 |
| SLB SLB Ltd. | Reduce -8.1% | 3.94% | −1.15 |
| DIS The Walt Disney Co. | Reduce -1.7% | 7.75% | −0.73 |
| DAL Delta Air Lines Inc. | Reduce -77.1% | 0.29% | −0.68 |
| BF.B Brown-Forman Corp. Class B | Reduce -5.0% | 2.89% | −0.35 |
| LOW Lowe's Cos Inc. | Reduce -97.8% | 0.00% | −0.19 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.1% | 1.06% | −0.03 |
| JCI Johnson Controls Internation | Sold out | 0.00% | −0.02 |
| SBUX Starbucks Corp. | Reduce -29.1% | 0.02% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -3.8% | 0.41% | −0.00 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.00 |
| SCHF Schwab Intl Equity ETF | Reduce -2.1% | 0.73% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.7% | 0.72% | +0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -3.2% | 0.52% | +0.03 |
| AMZN Amazon.com Inc. | Reduce -4.8% | 8.82% | +0.12 |
| USB US Bancorp | Reduce -2.6% | 12.37% | +0.62 |
| UAL United Airlines Holdings Inc. | Reduce -3.5% | 5.65% | +1.39 |
Portfolio Buys Q1 2026 → Q2 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $149.6M | FND, USB, META, FBIN, AMZN |
| Q1 2026 | 31 | $139.3M | FND, USB, META, AMZN, DIS |
| Q4 2025 | 28 | $143.3M | WCC, USB, HAL, FND, SLB |
| Q3 2025 | 32 | $133.3M | WCC, USB, HAL, SLB, META |
| Q2 2025 | 28 | $122.3M | WCC, USB, HAL, SLB, META |
| Q1 2025 | 28 | $109.7M | WCC, USB, WFC, BF.B, SLB |
| Q4 2024 | 28 | $115.4M | WCC, USB, WFC, JCI, META |
| Q3 2024 | 31 | $111.4M | WCC, USB, WFC, META, JCI |
| Q2 2024 | 31 | $104.8M | WCC, WFC, META, USB, JCI |
| Q1 2024 | 29 | $106.8M | WCC, WFC, META, USB, JCI |