Black Cypress Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Black Cypress Capital Management, LLC reported 28 stock positions worth $115.4 million. Its top holding was Wesco International (WCC) at 23.5% of the portfolio, followed by US Bancorp (USB, 10.2%) and Wells Fargo (WFC, 9.7%). Compared with Q3 2024, it opened 2 new positions, sold out of 5, added to 11 and reduced 13. The biggest buy was Wesco International (WCC, shares +1%) and the biggest sale Meta Platforms Class A (META, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- PONTE VEDRA BEACH, FL
- CIK
- 0002022614
- Portfolio Value
- $115.4M (Q4 2024)
- SEC Filing
- 0002022614-25-000001 ↗ filed Feb 13, 2025
Holdings Value
Holdings 28 stocks · $115.4M
| WCC Wesco International Inc. | 23.52% | 149,934 | $27.1M | Add +1.4% |
| USB US Bancorp | 10.23% | 246,767 | $11.8M | Add +2.1% |
| WFC Wells Fargo & Co. | 9.70% | 159,366 | $11.2M | Reduce -6.9% |
| JCI Johnson Controls Internation | 6.86% | 100,205 | $7.9M | Reduce -3.7% |
| META Meta Platforms Inc. Class A | 6.78% | 13,360 | $7.8M | Reduce -17.7% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 5.89% | 177,215 | $6.8M | Add +14.7% |
| HAL Halliburton Co. | 4.97% | 211,078 | $5.7M | Add +18.2% |
| UAL United Airlines Holdings Inc. | 4.38% | 52,078 | $5.1M | Reduce -12.0% |
| SBUX Starbucks Corp. | 3.78% | 47,755 | $4.4M | Add +2.1% |
| BKR Baker Hughes Co. | 3.68% | 103,624 | $4.3M | Add +0.4% |
| BF.B Brown-Forman Corp. Class B | 3.61% | 109,517 | $4.2M | Add +34.2% |
| LOW Lowe's Cos Inc. | 3.12% | 14,601 | $3.6M | Reduce -16.7% |
| CCL Carnival Corp. | 2.97% | 137,446 | $3.4M | Add +0.1% |
| DAL Delta Air Lines Inc. | 2.69% | 51,288 | $3.1M | Reduce -9.7% |
| FND Floor & Decor Holdings Inc. Class A | 2.13% | 24,677 | $2.5M | Add +14.8% |
| IEFA iShares Core MSCI Eafe ETF | 1.19% | 19,519 | $1.4M | Reduce -4.4% |
| SCHF Schwab Intl Equity ETF | 0.90% | 56,125 | $1.0M | Reduce -8.7% |
| VEA Vanguard Ftse Developed ETF | 0.88% | 21,261 | $1.0M | Reduce -10.5% |
| IEMG iShares Core MSCI Emerging | 0.54% | 11,859 | $619K | Reduce -4.5% |
| VWO Vanguard Ftse Emerging Marke | 0.48% | 12,534 | $552K | Reduce -4.8% |
| IBTF iShares Ibonds Dec 2025 Term | 0.41% | 20,057 | $468K | No change |
| OIH Vaneck Oil Services ETF | 0.31% | 1,311 | $356K | New |
| IBDQ iShares Ibonds Dec 2025 Term | 0.30% | 13,896 | $348K | No change |
| STZ Constellation Brands Inc. Class A | 0.21% | 1,082 | $239K | New |
| IVW iShares S&P 500 Growth ETF | 0.18% | 1,692 | $211K | Add +1.7% |
| IVE iShares S&P 500 Value ETF | 0.15% | 1,104 | $172K | Add +1.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.10% | 2,556 | $112K | Reduce -81.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.06% | 570 | $63K | Reduce -42.0% |
Portfolio Sells Q3 2024 → Q4 2024
| META Meta Platforms Inc. Class A | Reduce -17.7% | 6.78% | −1.56 |
| LOW Lowe's Cos Inc. | Reduce -16.7% | 3.12% | −1.13 |
| JCI Johnson Controls Internation | Reduce -3.7% | 6.86% | −0.39 |
| BAC Bank of America Corp. | Reduce -81.2% | 0.10% | −0.39 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.26 |
| VEA Vanguard Ftse Developed ETF | Reduce -10.5% | 0.88% | −0.24 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -4.4% | 1.19% | −0.24 |
| SCHF Schwab Intl Equity ETF | Reduce -8.7% | 0.90% | −0.23 |
| IBTE iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.21 |
| LUV Southwest Airlines Co. | Sold out | 0.00% | −0.15 |
| IEMG iShares Core MSCI Emerging | Reduce -4.5% | 0.54% | −0.10 |
| VWO Vanguard Ftse Emerging Marke | Reduce -4.8% | 0.48% | −0.09 |
| IBDP iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.09 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.04 |
| DIS The Walt Disney Co. | Reduce -42.0% | 0.06% | −0.03 |
| DAL Delta Air Lines Inc. | Reduce -9.7% | 2.69% | +0.10 |
| WFC Wells Fargo & Co. | Reduce -6.9% | 9.70% | +1.02 |
| UAL United Airlines Holdings Inc. | Reduce -12.0% | 4.38% | +1.35 |
Portfolio Buys Q3 2024 → Q4 2024
| WCC Wesco International Inc. | Add +1.4% | 23.52% | +1.22 |
| CCL Carnival Corp. | Add +0.1% | 2.97% | +0.69 |
| BKR Baker Hughes Co. | Add +0.4% | 3.68% | +0.33 |
| HAL Halliburton Co. | Add +18.2% | 4.97% | +0.32 |
| USB US Bancorp | Add +2.1% | 10.23% | +0.31 |
| OIH Vaneck Oil Services ETF | New | 0.31% | +0.31 |
| STZ Constellation Brands Inc. Class A | New | 0.21% | +0.21 |
| SLB SLB Ltd. | Add +14.7% | 5.89% | +0.07 |
| IVW iShares S&P 500 Growth ETF | Add +1.7% | 0.18% | +0.04 |
| IVE iShares S&P 500 Value ETF | Add +1.9% | 0.15% | −0.04 |
| BF.B Brown-Forman Corp. Class B | Add +34.2% | 3.61% | −0.19 |
| FND Floor & Decor Holdings Inc. Class A | Add +14.8% | 2.13% | −0.26 |
| SBUX Starbucks Corp. | Add +2.1% | 3.78% | −0.31 |
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 |