Black Cypress Capital Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Black Cypress Capital Management, LLC reported 31 stock positions worth $104.8 million. Its top holding was Wesco International (WCC) at 21.8% of the portfolio, followed by Wells Fargo (WFC, 9.4%) and Meta Platforms Class A (META, 9.4%). Compared with Q1 2024, it opened 2 new positions, added to 18 and reduced 10. The biggest buy was a new position in Starbucks (SBUX) and the biggest sale Bank of America (BAC, shares −89%).
- Most Recent 13F
- Q2 2026
- Location
- PONTE VEDRA BEACH, FL
- CIK
- 0002022614
- Portfolio Value
- $104.8M (Q2 2024)
- SEC Filing
- 0002022614-24-000002 ↗ filed Aug 13, 2024
Holdings Value
Holdings 31 stocks · $104.8M
| WCC Wesco International Inc. | 21.81% | 144,201 | $22.9M | Add +2.4% |
| WFC Wells Fargo & Co. | 9.41% | 166,051 | $9.9M | Reduce -16.4% |
| META Meta Platforms Inc. Class A | 9.37% | 19,481 | $9.8M | Add +1.6% |
| USB US Bancorp | 9.09% | 239,955 | $9.5M | Add +17.5% |
| JCI Johnson Controls Internation | 6.89% | 108,585 | $7.2M | Reduce -16.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 6.00% | 133,220 | $6.3M | Add +35.0% |
| LOW Lowe's Cos Inc. | 4.85% | 23,063 | $5.1M | Reduce -4.5% |
| HAL Halliburton Co. | 4.75% | 147,463 | $5.0M | Add +4.4% |
| SBUX Starbucks Corp. | 3.66% | 49,300 | $3.8M | New |
| BF.B Brown-Forman Corp. Class B | 3.41% | 78,385 | $3.6M | New |
| BKR Baker Hughes Co. | 3.31% | 98,686 | $3.5M | Add +2.5% |
| UAL United Airlines Holdings Inc. | 2.64% | 56,767 | $2.8M | Add +3.4% |
| DAL Delta Air Lines Inc. | 2.46% | 54,301 | $2.6M | Add +3.4% |
| CCL Carnival Corp. | 2.35% | 131,371 | $2.5M | Add +17.7% |
| FND Floor & Decor Holdings Inc. Class A | 2.15% | 22,670 | $2.3M | Reduce -1.1% |
| IEFA iShares Core MSCI Eafe ETF | 1.53% | 22,064 | $1.6M | Reduce -5.2% |
| SCHF Schwab Intl Equity ETF | 1.18% | 32,313 | $1.2M | Add +0.1% |
| VEA Vanguard Ftse Developed ETF | 1.18% | 24,963 | $1.2M | Add +0.1% |
| IEMG iShares Core MSCI Emerging | 0.66% | 12,900 | $691K | Add +0.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.62% | 16,439 | $654K | Reduce -88.9% |
| VWO Vanguard Ftse Emerging Marke | 0.58% | 13,935 | $610K | Add +1.1% |
| IBTF iShares Ibonds Dec 2025 Term | 0.46% | 20,957 | $487K | Add +4.5% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.35% | 14,756 | $367K | Add +6.2% |
| EMR Emerson Electric Co. | 0.30% | 2,825 | $311K | Reduce -2.7% |
| IBTE iShares Ibonds Dec 2024 Term | 0.24% | 10,428 | $250K | Add +9.3% |
| IVE iShares S&P 500 Value ETF | 0.19% | 1,087 | $198K | No change |
| IVW iShares S&P 500 Growth ETF | 0.16% | 1,813 | $168K | Add +0.1% |
| LUV Southwest Airlines Co. | 0.16% | 5,778 | $165K | Reduce -15.6% |
| IBDP iShares Ibonds Dec 2024 Term | 0.11% | 4,666 | $117K | Add +22.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.10% | 1,081 | $107K | Reduce -81.0% |
| JPM JPMorgan Chase & Co. | 0.05% | 235 | $48K | Reduce -68.0% |
Portfolio Sells Q1 2024 → Q2 2024
| BAC Bank of America Corp. | Reduce -88.9% | 0.62% | −4.63 |
| WFC Wells Fargo & Co. | Reduce -16.4% | 9.41% | −1.37 |
| JCI Johnson Controls Internation | Reduce -16.4% | 6.89% | −1.06 |
| LOW Lowe's Cos Inc. | Reduce -4.5% | 4.85% | −0.91 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -1.1% | 2.15% | −0.63 |
| DIS The Walt Disney Co. | Reduce -81.0% | 0.10% | −0.55 |
| JPM JPMorgan Chase & Co. | Reduce -68.0% | 0.05% | −0.09 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -5.2% | 1.53% | −0.09 |
| LUV Southwest Airlines Co. | Reduce -15.6% | 0.16% | −0.03 |
| EMR Emerson Electric Co. | Reduce -2.7% | 0.30% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| SBUX Starbucks Corp. | New | 3.66% | +3.66 |
| BF.B Brown-Forman Corp. Class B | New | 3.41% | +3.41 |
| SLB SLB Ltd. | Add +35.0% | 6.00% | +0.93 |
| META Meta Platforms Inc. Class A | Add +1.6% | 9.37% | +0.65 |
| CCL Carnival Corp. | Add +17.7% | 2.35% | +0.64 |
| USB US Bancorp | Add +17.5% | 9.09% | +0.54 |
| BKR Baker Hughes Co. | Add +2.5% | 3.31% | +0.29 |
| UAL United Airlines Holdings Inc. | Add +3.4% | 2.64% | +0.17 |
| DAL Delta Air Lines Inc. | Add +3.4% | 2.46% | +0.10 |
| VWO Vanguard Ftse Emerging Marke | Add +1.1% | 0.58% | +0.04 |
| IEMG iShares Core MSCI Emerging | Add +0.9% | 0.66% | +0.04 |
| IBTF iShares Ibonds Dec 2025 Term | Add +4.5% | 0.46% | +0.03 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +6.2% | 0.35% | +0.03 |
| IBTE iShares Ibonds Dec 2024 Term | Add +9.3% | 0.24% | +0.02 |
| IBDP iShares Ibonds Dec 2024 Term | Add +22.6% | 0.11% | +0.02 |
| IVW iShares S&P 500 Growth ETF | Add +0.1% | 0.16% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +0.1% | 1.18% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +0.1% | 1.18% | +0.00 |
| HAL Halliburton Co. | Add +4.4% | 4.75% | −0.46 |
| WCC Wesco International Inc. | Add +2.4% | 21.81% | −0.78 |
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 |