BNC Wealth Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 10, 2025), BNC Wealth Management, LLC reported 107 stock positions worth $396.1 million. Its top holding was Nvidia (NVDA) at 8.7% of the portfolio, followed by Amazon.com (AMZN, 6.6%) and Apple (AAPL, 5.3%). Compared with Q2 2025, it opened 15 new positions, sold out of 6, added to 39 and reduced 35. The biggest buy was SPDR Gold Shares (GLD, shares +3231%) and the biggest sale an exit from Intuitive Surgical (ISRG).

Most Recent 13F
Q2 2026
Location
BEAVERTON, OR
CIK
0001821549
Portfolio Value
$396.1M (Q3 2025)
SEC Filing
0001821549-25-000004 ↗ filed Oct 10, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $233.8M Q1 2024 Q2 2024: $269.3M Q2 2024 Q3 2024: $271.4M Q3 2024 Q4 2024: $304.0M Q4 2024 Q1 2025: $277.5M Q1 2025 Q2 2025: $337.1M Q2 2025 Q3 2025: $396.1M $396.1M Q3 2025 Q4 2025: $389.9M Q4 2025 Q1 2026: $360.4M Q1 2026 Q2 2026: $413.6M Q2 2026

Holdings 107 stocks · $396.1M
NVDA Nvidia Corp. 8.72% 185,193 $34.6M Reduce -0.5%
AMZN Amazon.com Inc. 6.60% 118,992 $26.1M Reduce -1.6%
AAPL Apple Inc. 5.26% 81,894 $20.9M Reduce -3.8%
MSFT Microsoft Corp. 4.87% 37,251 $19.3M Reduce -1.4%
GOOGL Alphabet Inc. Class A 4.23% 68,950 $16.8M Add +0.3%
TSLA Tesla Inc. 4.15% 36,949 $16.4M Add +1.5%
ANET Arista Networks Inc. 3.34% 90,902 $13.2M Add +0.2%
META Meta Platforms Inc. Class A 2.88% 15,542 $11.4M Add +0.7%
PLTR Palantir Technologies Inc. Class A 2.34% 50,845 $9.3M Reduce -17.6%
ORCL Oracle Corp. 2.31% 32,493 $9.1M Add +2.2%
GLD SPDR Gold Shares 2.17% 24,151 $8.6M Add +3231.2%
JPM JPMorgan Chase & Co. 2.17% 27,185 $8.6M Add +2.1%
HOOD Robinhood Markets Inc. Class A 2.16% 59,827 $8.6M Add +3.0%
CDNS Cadence Design SYS Inc. 2.08% 23,484 $8.2M Add +1.0%
AXON Axon Enterprise Inc. 1.97% 10,875 $7.8M Reduce -0.1%
PWR Quanta Services Inc. 1.78% 17,007 $7.0M Add +2.0%
KLAC KLA Corp. 1.75% 6,414 $6.9M Add +1.8%
PANW Palo Alto Networks Inc. 1.65% 32,009 $6.5M Add +2.5%
IBIT iShares Bitcoin Trust ETF 1.55% 94,567 $6.1M Add +22.6%
GRMN Garmin Ltd. 1.54% 24,767 $6.1M Add +2.3%
CAT Caterpillar Inc. 1.48% 12,285 $5.9M Add +8.9%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.47% 53,602 $5.8M Add +3.2%
GEV GE Vernova Inc. 1.47% 9,451 $5.8M Add +2.5%
LRCX Lam Research Corp. 1.38% 40,756 $5.5M New
AXP American Express Co. 1.35% 16,062 $5.3M Add +2.6%
CRWD CrowdStrike Holdings Inc. Class A 1.32% 10,651 $5.2M Add +4.3%
SPGI S&P Global Inc. 1.29% 10,495 $5.1M Add +2.2%
ETHA iShares Ethereum Trust ETF 1.27% 160,019 $5.0M New
ETN Eaton Corp. PLC 1.22% 12,957 $4.8M Add +3.9%
VTI VG Morningstar TS MKT ETF-US 1.22% 14,751 $4.8M Add +1.8%
AMD Advanced Micro Devices 1.17% 28,548 $4.6M Add +58.6%
NFLX Netflix Inc. 1.14% 3,778 $4.5M Add +4.7%
MRSH Marsh & McLennan Cos 1.13% 22,283 $4.5M Reduce -0.5%
GE General Electric filed as GE AEROSPACE 1.07% 14,126 $4.2M Add +7.0%
AVGO Broadcom Inc. 1.00% 12,048 $4.0M New
COST Costco Wholesale Corp. 0.99% 4,255 $3.9M Add +2.2%
VRT Vertiv Holdings Co. Class A 0.94% 24,763 $3.7M New
GS Goldman Sachs Group Inc. 0.91% 4,535 $3.6M Add +38.4%
VST Vistra Corp. 0.88% 17,852 $3.5M New
EMR Emerson Electric Co. 0.82% 24,703 $3.2M Add +5.2%
MNST Monster Beverage Corp. 0.76% 44,778 $3.0M Add +5.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.74% 4,418 $2.9M Reduce -1.4%
EXPE Expedia Group Inc. 0.71% 13,134 $2.8M New
LYV Live Nation Entertainment Inc. 0.62% 15,127 $2.5M New
SBUX Starbucks Corp. 0.58% 27,315 $2.3M Reduce -3.2%
WTW Willis Towers Watson PLC 0.57% 6,503 $2.2M New
MSTR Strategy Inc. 0.53% 6,540 $2.1M Add +10.3%
V Visa Inc. Class A 0.51% 5,959 $2.0M Reduce -1.7%
VIG Vanguard Dividend Apprec ETF 0.51% 9,294 $2.0M Add +2.7%
QQQ Invesco QQQ Trust Series 1 0.50% 3,266 $2.0M Reduce -1.8%
HD Home Depot Inc. 0.49% 4,768 $1.9M Reduce -0.6%
MA Mastercard Inc. Class A 0.38% 2,648 $1.5M Reduce -1.1%
SCHA Schwab US Small-Cap ETF 0.36% 51,299 $1.4M Reduce -10.2%
PH Parker Hannifin Corp. 0.32% 1,681 $1.3M Reduce -0.8%
SCHB Schwab US Broad Market ETF 0.31% 48,458 $1.2M Reduce -7.5%
RMBS Rambus Inc. 0.30% 11,568 $1.2M Reduce -8.0%
SCHD Schwab US DVD Equity ETF 0.29% 42,687 $1.2M Reduce -2.5%
IVV iShares Core S&P 500 ETF 0.25% 1,496 $1.0M Add +243.9%
BA The Boeing Co. 0.25% 4,612 $995K No change
UNP Union Pacific Corp. 0.19% 3,248 $768K Add +0.0%
GOOG Alphabet Inc. Class C 0.19% 3,037 $740K Reduce -1.6%
XLK SS Technology Select Sector 0.16% 2,282 $643K Reduce -0.4%
GRNY Fundstr Gran SH US LRG Cap 0.14% 22,952 $574K Add +47.8%
LOW Lowe's Cos Inc. 0.13% 2,091 $526K Reduce -5.3%
NAD Nuveen Quality Municipal Inc. 0.13% 44,372 $519K Reduce -8.3%
GBCI Glacier Bancorp Inc. 0.12% 10,105 $492K No change
PM Philip Morris International 0.12% 3,020 $490K No change
BRK.B Berkshire Hathaway Inc. Class B 0.11% 904 $454K Reduce -87.3%
INTC Intel Corp. 0.11% 13,456 $451K Reduce -14.8%
QCOM Qualcomm Inc. 0.11% 2,551 $424K Reduce -2.5%
SLV iShares Silver Trust 0.10% 9,200 $390K Add +2.2%
JNJ Johnson & Johnson 0.10% 2,068 $383K Reduce -0.1%
XOM Exxon Mobil Corp. 0.09% 3,256 $367K No change
IWM iShares Russell 2000 ETF 0.09% 1,488 $360K Reduce -29.3%
MCD McDonald's Corp. 0.08% 1,080 $328K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.08% 6,301 $325K Reduce -13.7%
NKE Nike Inc. Class B 0.08% 4,599 $321K No change
GDX Vaneck Gold Miners ETF 0.08% 4,064 $310K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.07% 634 $294K Reduce -3.5%
CASY Casey's General Stores Inc. 0.07% 501 $283K Reduce -0.2%
NVO Novo-Nordisk A/S-Spons ADR 0.07% 5,058 $281K Reduce -25.7%
SCHG Schwab US Large-Cap Growth 0.07% 8,518 $272K No change
WFC Wells Fargo & Co. 0.07% 3,216 $270K Add +8.4%
AGG iShares Core U.S. Aggregate 0.07% 2,626 $263K Reduce -5.2%
CSX CSX Corp. 0.07% 7,284 $259K No change
TRV The Travelers Cos Inc. 0.07% 922 $257K Add +0.2%
EFA iShares MSCI Eafe ETF 0.06% 2,746 $256K Reduce -87.5%
MU Micron Technology Inc. 0.06% 1,525 $255K New
ABBV Abbvie Inc. 0.06% 1,088 $252K Reduce -0.2%
COP Conocophillips 0.06% 2,645 $250K Add +0.0%
BND Vanguard Total Bond Market 0.06% 3,355 $249K New
IWF iShares Russell 1000 Growth 0.06% 521 $244K No change
FLEX Flex Ltd. 0.06% 4,113 $238K No change
GBTC Grayscale Bitcoin Trust ETF 0.06% 2,600 $233K No change
USB US Bancorp 0.06% 4,762 $230K Add +0.6%
IYW iShares Ustechnology ETF 0.06% 1,173 $230K No change
BSV Vanguard Short-Term Bond ETF 0.06% 2,872 $227K No change
PSX Phillips 66 0.06% 1,650 $224K New
VAW Vanguard Materials ETF 0.05% 1,062 $218K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 771 $218K No change
BIV Vanguard Intermediate-Term B 0.05% 2,692 $210K Reduce -1.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.05% 677 $208K New
DFUS Dimensional US Eq MKT ETF 0.05% 2,865 $208K New
VDE Vanguard Energy ETF 0.05% 1,626 $205K New
DGRO iShares Core Dividend Growth 0.05% 2,951 $201K New
AVXL Anavex Life Sciences Corp. 0.02% 10,250 $91K No change
POWW Outdoor Holding Co. 0.02% 48,000 $71K No change

Portfolio Sells Q2 2025 → Q3 2025
ISRG Intuitive Surgical Inc. Sold out 0.00% −1.84
AMZN Amazon.com Inc. Reduce -1.6% 6.60% −1.28
DE Deere & Co. Sold out 0.00% −1.18
ABT Abbott Laboratories Sold out 0.00% −1.02
AU Anglogold Ashanti PLC Sold out 0.00% −0.92
BRK.B Berkshire Hathaway Inc. Class B Reduce -87.3% 0.11% −0.91
MSFT Microsoft Corp. Reduce -1.4% 4.87% −0.71
AXON Axon Enterprise Inc. Reduce -0.1% 1.97% −0.70
PGR Progressive Corp. Sold out 0.00% −0.70
EFA iShares MSCI Eafe ETF Reduce -87.5% 0.06% −0.52
MRSH Marsh & McLennan Cos Reduce -0.5% 1.13% −0.32
SBUX Starbucks Corp. Reduce -3.2% 0.58% −0.18
PLTR Palantir Technologies Inc. Class A Reduce -17.6% 2.34% −0.16
V Visa Inc. Class A Reduce -1.7% 0.51% −0.13
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.4% 0.74% −0.08
NVO Novo-Nordisk A/S-Spons ADR Reduce -25.7% 0.07% −0.07
SCHA Schwab US Small-Cap ETF Reduce -10.2% 0.36% −0.07
MA Mastercard Inc. Class A Reduce -1.1% 0.38% −0.07
WY Weyerhaeuser Co. Sold out 0.00% −0.06
SCHB Schwab US Broad Market ETF Reduce -7.5% 0.31% −0.06
SCHD Schwab US DVD Equity ETF Reduce -2.5% 0.29% −0.05
QQQ Invesco QQQ Trust Series 1 Reduce -1.8% 0.50% −0.05
IWM iShares Russell 2000 ETF Reduce -29.3% 0.09% −0.04
HD Home Depot Inc. Reduce -0.6% 0.49% −0.03
NAD Nuveen Quality Municipal Inc. Reduce -8.3% 0.13% −0.03
PH Parker Hannifin Corp. Reduce -0.8% 0.32% −0.03
BAC Bank of America Corp. Reduce -13.7% 0.08% −0.02
QCOM Qualcomm Inc. Reduce -2.5% 0.11% −0.02
AGG iShares Core U.S. Aggregate Reduce -5.2% 0.07% −0.01
LOW Lowe's Cos Inc. Reduce -5.3% 0.13% −0.01
DIA SS SPDR Dow Jones Indus Avg Reduce -3.5% 0.07% −0.01
BIV Vanguard Intermediate-Term B Reduce -1.9% 0.05% −0.01
XLK SS Technology Select Sector Reduce -0.4% 0.16% −0.01
CASY Casey's General Stores Inc. Reduce -0.2% 0.07% −0.00
NVDA Nvidia Corp. Reduce -0.5% 8.72% −0.00
JNJ Johnson & Johnson Reduce -0.1% 0.10% +0.00
ABBV Abbvie Inc. Reduce -0.2% 0.06% +0.00
INTC Intel Corp. Reduce -14.8% 0.11% +0.01
GOOG Alphabet Inc. Class C Reduce -1.6% 0.19% +0.02
RMBS Rambus Inc. Reduce -8.0% 0.30% +0.07
AAPL Apple Inc. Reduce -3.8% 5.26% +0.08

Portfolio Buys Q2 2025 → Q3 2025
GLD SPDR Gold Shares Add +3231.2% 2.17% +2.10
LRCX Lam Research Corp. New 1.38% +1.38
ETHA iShares Ethereum Trust ETF New 1.27% +1.27
AVGO Broadcom Inc. New 1.00% +1.00
VRT Vertiv Holdings Co. Class A New 0.94% +0.94
VST Vistra Corp. New 0.88% +0.88
TSLA Tesla Inc. Add +1.5% 4.15% +0.72
EXPE Expedia Group Inc. New 0.71% +0.71
GOOGL Alphabet Inc. Class A Add +0.3% 4.23% +0.64
LYV Live Nation Entertainment Inc. New 0.62% +0.62
ANET Arista Networks Inc. Add +0.2% 3.34% +0.59
WTW Willis Towers Watson PLC New 0.57% +0.57
HOOD Robinhood Markets Inc. Class A Add +3.0% 2.16% +0.55
AMD Advanced Micro Devices Add +58.6% 1.17% +0.41
ORCL Oracle Corp. Add +2.2% 2.31% +0.25
GS Goldman Sachs Group Inc. Add +38.4% 0.91% +0.22
CAT Caterpillar Inc. Add +8.9% 1.48% +0.18
IVV iShares Core S&P 500 ETF Add +243.9% 0.25% +0.17
IBIT iShares Bitcoin Trust ETF Add +22.6% 1.55% +0.15
KLAC KLA Corp. Add +1.8% 1.75% +0.07
BNY Bank of New York Mellon Corp. Add +3.2% 1.47% +0.07
GE General Electric Add +7.0% 1.07% +0.06
MU Micron Technology Inc. New 0.06% +0.06
BND Vanguard Total Bond Market New 0.06% +0.06
PSX Phillips 66 New 0.06% +0.06
VV Vngrd Mrgstr LRG-Cap ETF-Usd New 0.05% +0.05
DFUS Dimensional US Eq MKT ETF New 0.05% +0.05
VDE Vanguard Energy ETF New 0.05% +0.05
DGRO iShares Core Dividend Growth New 0.05% +0.05
GRMN Garmin Ltd. Add +2.3% 1.54% +0.04
GRNY Fundstr Gran SH US LRG Cap Add +47.8% 0.14% +0.04
GEV GE Vernova Inc. Add +2.5% 1.47% +0.02
SLV iShares Silver Trust Add +2.2% 0.10% +0.01
WFC Wells Fargo & Co. Add +8.4% 0.07% −0.00
USB US Bancorp Add +0.6% 0.06% −0.01
COP Conocophillips Add +0.0% 0.06% −0.01
TRV The Travelers Cos Inc. Add +0.2% 0.07% −0.01
UNP Union Pacific Corp. Add +0.0% 0.19% −0.03
MNST Monster Beverage Corp. Add +5.2% 0.76% −0.03
CDNS Cadence Design SYS Inc. Add +1.0% 2.08% −0.04
VIG Vanguard Dividend Apprec ETF Add +2.7% 0.51% −0.04
VTI VG Morningstar TS MKT ETF-US Add +1.8% 1.22% −0.09
PWR Quanta Services Inc. Add +2.0% 1.78% −0.09
ETN Eaton Corp. PLC Add +3.9% 1.22% −0.10
EMR Emerson Electric Co. Add +5.2% 0.82% −0.11
JPM JPMorgan Chase & Co. Add +2.1% 2.17% −0.13
AXP American Express Co. Add +2.6% 1.35% −0.13
MSTR Strategy Inc. Add +10.3% 0.53% −0.18
CRWD CrowdStrike Holdings Inc. Class A Add +4.3% 1.32% −0.22
COST Costco Wholesale Corp. Add +2.2% 0.99% −0.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 106$413.6MAMZN, NVDA, AAPL, GOOGL, KLAC
Q1 2026 106$360.4MNVDA, AMZN, AAPL, GOOGL, MSFT
Q4 2025 106$389.9MNVDA, AMZN, GOOGL, AAPL, MSFT
Q3 2025 107$396.1MNVDA, AMZN, AAPL, MSFT, GOOGL
Q2 2025 98$337.1MNVDA, AMZN, MSFT, AAPL, GOOGL
Q1 2025 98$277.5MAMZN, NVDA, AAPL, MSFT, GOOGL
Q4 2024 96$304.0MNVDA, AAPL, AMZN, TSLA, MSFT
Q3 2024 92$271.4MNVDA, AAPL, AMZN, MSFT, GOOGL
Q2 2024 99$269.3MNVDA, AAPL, MSFT, AMZN, GOOGL
Q1 2024 101$233.8MNVDA, AAPL, MSFT, AMZN, GOOGL