BNC Wealth Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), BNC Wealth Management, LLC reported 106 stock positions worth $389.9 million. Its top holding was Nvidia (NVDA) at 8.1% of the portfolio, followed by Amazon.com (AMZN, 6.6%) and Alphabet Class A (GOOGL, 5.4%). Compared with Q3 2025, it opened 8 new positions, sold out of 9, added to 40 and reduced 35. The biggest buy was Vaneck Gold Miners ETF (GDX, shares +2085%) and the biggest sale an exit from Oracle (ORCL).

Most Recent 13F
Q2 2026
Location
BEAVERTON, OR
CIK
0001821549
Portfolio Value
$389.9M (Q4 2025)
SEC Filing
0001821549-26-000001 ↗ filed Jan 22, 2026

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 Q3 2025 Q4 2025: $389.9M $389.9M Q4 2025 Q1 2026: $360.4M Q1 2026 Q2 2026: $413.6M Q2 2026

Holdings 106 stocks · $389.9M
NVDA Nvidia Corp. 8.15% 170,364 $31.8M Reduce -8.0%
AMZN Amazon.com Inc. 6.61% 111,706 $25.8M Reduce -6.1%
GOOGL Alphabet Inc. Class A 5.44% 67,786 $21.2M Reduce -1.7%
AAPL Apple Inc. 5.39% 77,248 $21.0M Reduce -5.7%
MSFT Microsoft Corp. 4.52% 36,423 $17.6M Reduce -2.2%
TSLA Tesla Inc. 4.07% 35,284 $15.9M Reduce -4.5%
ANET Arista Networks Inc. 2.99% 89,108 $11.7M Reduce -2.0%
META Meta Platforms Inc. Class A 2.52% 14,891 $9.8M Reduce -4.2%
PLTR Palantir Technologies Inc. Class A 2.37% 52,082 $9.3M Add +2.4%
JPM JPMorgan Chase & Co. 2.30% 27,803 $9.0M Add +2.3%
KLAC KLA Corp. 2.02% 6,467 $7.9M Add +0.8%
GDX Vaneck Gold Miners ETF 1.95% 88,782 $7.6M Add +2084.6%
CDNS Cadence Design SYS Inc. 1.90% 23,686 $7.4M Add +0.9%
PWR Quanta Services Inc. 1.88% 17,326 $7.3M Add +1.9%
CAT Caterpillar Inc. 1.85% 12,577 $7.2M Add +2.4%
LRCX Lam Research Corp. 1.84% 41,869 $7.2M Add +2.7%
HOOD Robinhood Markets Inc. Class A 1.83% 62,941 $7.1M Add +5.2%
PNC PNC Financial Services Group 1.72% 32,171 $6.7M New
AMD Advanced Micro Devices 1.69% 30,716 $6.6M Add +7.6%
GEV GE Vernova Inc. 1.65% 9,861 $6.4M Add +4.3%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.65% 55,510 $6.4M Add +3.6%
AXON Axon Enterprise Inc. 1.61% 11,058 $6.3M Add +1.7%
AXP American Express Co. 1.56% 16,458 $6.1M Add +2.5%
PANW Palo Alto Networks Inc. 1.55% 32,720 $6.0M Add +2.2%
FBTC Fidelity Wise Origin Bitcoin 1.46% 74,757 $5.7M New
SPGI S&P Global Inc. 1.46% 10,893 $5.7M Add +3.8%
CRWD CrowdStrike Holdings Inc. Class A 1.34% 11,106 $5.2M Add +4.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.28% 32,551 $5.0M New
GE General Electric filed as GE AEROSPACE 1.24% 15,664 $4.8M Add +10.9%
VTI VG Morningstar TS MKT ETF-US 1.18% 13,752 $4.6M Reduce -6.8%
AVGO Broadcom Inc. 1.17% 13,201 $4.6M Add +9.6%
GS Goldman Sachs Group Inc. 1.16% 5,165 $4.5M Add +13.9%
FETH Fidelity Ethereum Fund 1.10% 144,469 $4.3M New
MRSH Marsh & McLennan Cos 1.05% 22,170 $4.1M Reduce -0.5%
EXPE Expedia Group Inc. 1.04% 14,271 $4.0M Add +8.7%
COST Costco Wholesale Corp. 1.03% 4,645 $4.0M Add +9.2%
VRT Vertiv Holdings Co. Class A 1.00% 24,190 $3.9M Reduce -2.3%
NFLX Netflix Inc. 0.99% 41,229 $3.9M Add +9.1%
MNST Monster Beverage Corp. 0.98% 49,619 $3.8M Add +10.8%
ETN Eaton Corp. PLC 0.96% 11,728 $3.7M Reduce -9.5%
EMR Emerson Electric Co. 0.95% 27,957 $3.7M Add +13.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.76% 4,338 $3.0M Reduce -1.8%
DE Deere & Co. 0.64% 5,329 $2.5M New
SOFI Sofi Technologies Inc. 0.63% 93,177 $2.4M New
SBUX Starbucks Corp. 0.59% 27,145 $2.3M Reduce -0.6%
IBB iShares Biotechnology ETF 0.48% 11,182 $1.9M New
V Visa Inc. Class A 0.47% 5,240 $1.8M Reduce -12.1%
VIG Vanguard Dividend Apprec ETF 0.46% 8,174 $1.8M Reduce -12.1%
QQQ Invesco QQQ Trust Series 1 0.45% 2,837 $1.7M Reduce -13.1%
HD Home Depot Inc. 0.41% 4,599 $1.6M Reduce -3.5%
PH Parker Hannifin Corp. 0.36% 1,589 $1.4M Reduce -5.5%
MA Mastercard Inc. Class A 0.34% 2,319 $1.3M Reduce -12.4%
SCHA Schwab US Small-Cap ETF 0.34% 46,278 $1.3M Reduce -9.8%
IVV iShares Core S&P 500 ETF 0.26% 1,496 $1.0M No change
RMBS Rambus Inc. 0.26% 11,068 $1.0M Reduce -4.3%
BA The Boeing Co. 0.26% 4,612 $1.0M No change
GOOG Alphabet Inc. Class C 0.24% 3,037 $953K No change
SCHD Schwab US DVD Equity ETF 0.21% 29,306 $804K Reduce -31.4%
SCHB Schwab US Broad Market ETF 0.20% 30,284 $794K Reduce -37.5%
UNP Union Pacific Corp. 0.19% 3,249 $752K Add +0.0%
GLD SPDR Gold Shares 0.19% 1,847 $732K Reduce -92.3%
VST Vistra Corp. 0.18% 4,434 $715K Reduce -75.2%
GRNY Fundstr Gran SH US LRG Cap 0.17% 27,470 $680K Add +19.7%
MU Micron Technology Inc. 0.15% 2,110 $602K Add +38.4%
SLV iShares Silver Trust 0.15% 9,000 $580K Reduce -2.2%
XLK SS Technology Select Sector 0.15% 3,996 $575K Reduce -12.4%
NAD Nuveen Quality Municipal Inc. 0.14% 44,372 $533K No change
INTC Intel Corp. 0.13% 13,736 $507K Add +2.1%
PM Philip Morris International 0.12% 3,020 $484K No change
LOW Lowe's Cos Inc. 0.12% 1,922 $464K Reduce -8.1%
GBCI Glacier Bancorp Inc. 0.11% 10,105 $445K No change
QCOM Qualcomm Inc. 0.11% 2,551 $436K No change
BRK.B Berkshire Hathaway Inc. Class B 0.11% 864 $434K Reduce -4.4%
JNJ Johnson & Johnson 0.11% 2,069 $428K Add +0.1%
IWM iShares Russell 2000 ETF 0.10% 1,597 $393K Add +7.3%
XOM Exxon Mobil Corp. 0.10% 3,236 $389K Reduce -0.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.09% 6,301 $347K No change
MCD McDonald's Corp. 0.08% 1,080 $330K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.08% 634 $305K No change
AGG iShares Core U.S. Aggregate 0.08% 3,039 $304K Add +15.7%
WFC Wells Fargo & Co. 0.08% 3,216 $300K No change
CASY Casey's General Stores Inc. 0.07% 494 $273K Reduce -1.4%
NKE Nike Inc. Class B 0.07% 4,273 $272K Reduce -7.1%
TRV The Travelers Cos Inc. 0.07% 923 $268K Add +0.1%
EFA iShares MSCI Eafe ETF 0.07% 2,754 $264K Add +0.3%
CSX CSX Corp. 0.07% 7,284 $264K No change
NVO Novo-Nordisk A/S-Spons ADR 0.07% 5,058 $257K No change
USB US Bancorp 0.07% 4,791 $256K Add +0.6%
ABBV Abbvie Inc. 0.06% 1,088 $249K No change
BND Vanguard Total Bond Market 0.06% 3,355 $248K No change
FLEX Flex Ltd. 0.06% 4,112 $248K Reduce -0.0%
BSV Vanguard Short-Term Bond ETF 0.06% 3,146 $248K Add +9.5%
COP Conocophillips 0.06% 2,646 $248K Add +0.0%
IWF iShares Russell 1000 Growth 0.06% 521 $247K No change
LLY Eli Lilly & Co. 0.06% 227 $244K New
SCHG Schwab US Large-Cap Growth 0.06% 7,401 $241K Reduce -13.1%
IYW iShares Ustechnology ETF 0.06% 1,173 $234K No change
BIV Vanguard Intermediate-Term B 0.06% 2,957 $230K Add +9.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 771 $228K No change
VAW Vanguard Materials ETF 0.06% 1,062 $220K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.05% 677 $213K No change
PSX Phillips 66 0.05% 1,651 $213K Add +0.1%
DFUS Dimensional US Eq MKT ETF 0.05% 2,865 $213K No change
DGRO iShares Core Dividend Growth 0.05% 2,951 $205K No change
POWW Outdoor Holding Co. 0.02% 48,000 $82K No change
AVXL Anavex Life Sciences Corp. 0.01% 12,250 $44K Add +19.5%

Portfolio Sells Q3 2025 → Q4 2025
ORCL Oracle Corp. Sold out 0.00% −2.31
GLD SPDR Gold Shares Reduce -92.3% 0.19% −1.98
IBIT iShares Bitcoin Trust ETF Sold out 0.00% −1.55
GRMN Garmin Ltd. Sold out 0.00% −1.54
ETHA iShares Ethereum Trust ETF Sold out 0.00% −1.27
VST Vistra Corp. Reduce -75.2% 0.18% −0.70
LYV Live Nation Entertainment Inc. Sold out 0.00% −0.62
NVDA Nvidia Corp. Reduce -8.0% 8.15% −0.58
WTW Willis Towers Watson PLC Sold out 0.00% −0.57
MSTR Strategy Inc. Sold out 0.00% −0.53
META Meta Platforms Inc. Class A Reduce -4.2% 2.52% −0.36
MSFT Microsoft Corp. Reduce -2.2% 4.52% −0.35
ANET Arista Networks Inc. Reduce -2.0% 2.99% −0.35
ETN Eaton Corp. PLC Reduce -9.5% 0.96% −0.27
SCHB Schwab US Broad Market ETF Reduce -37.5% 0.20% −0.11
SCHD Schwab US DVD Equity ETF Reduce -31.4% 0.21% −0.09
HD Home Depot Inc. Reduce -3.5% 0.41% −0.08
TSLA Tesla Inc. Reduce -4.5% 4.07% −0.08
MRSH Marsh & McLennan Cos Reduce -0.5% 1.05% −0.08
GBTC Grayscale Bitcoin Trust ETF Sold out 0.00% −0.06
VDE Vanguard Energy ETF Sold out 0.00% −0.05
QQQ Invesco QQQ Trust Series 1 Reduce -13.1% 0.45% −0.05
VIG Vanguard Dividend Apprec ETF Reduce -12.1% 0.46% −0.05
RMBS Rambus Inc. Reduce -4.3% 0.26% −0.04
V Visa Inc. Class A Reduce -12.1% 0.47% −0.04
MA Mastercard Inc. Class A Reduce -12.4% 0.34% −0.04
VTI VG Morningstar TS MKT ETF-US Reduce -6.8% 1.18% −0.04
SCHA Schwab US Small-Cap ETF Reduce -9.8% 0.34% −0.02
XLK SS Technology Select Sector Reduce -12.4% 0.15% −0.01
LOW Lowe's Cos Inc. Reduce -8.1% 0.12% −0.01
NKE Nike Inc. Class B Reduce -7.1% 0.07% −0.01
SCHG Schwab US Large-Cap Growth Reduce -13.1% 0.06% −0.01
BRK.B Berkshire Hathaway Inc. Class B Reduce -4.4% 0.11% −0.00
CASY Casey's General Stores Inc. Reduce -1.4% 0.07% −0.00
SBUX Starbucks Corp. Reduce -0.6% 0.59% +0.00
FLEX Flex Ltd. Reduce -0.0% 0.06% +0.00
XOM Exxon Mobil Corp. Reduce -0.6% 0.10% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.8% 0.76% +0.02
AMZN Amazon.com Inc. Reduce -6.1% 6.61% +0.02
PH Parker Hannifin Corp. Reduce -5.5% 0.36% +0.04
SLV iShares Silver Trust Reduce -2.2% 0.15% +0.05
VRT Vertiv Holdings Co. Class A Reduce -2.3% 1.00% +0.06
AAPL Apple Inc. Reduce -5.7% 5.39% +0.12
GOOGL Alphabet Inc. Class A Reduce -1.7% 5.44% +1.21

Portfolio Buys Q3 2025 → Q4 2025
GDX Vaneck Gold Miners ETF Add +2084.6% 1.95% +1.87
PNC PNC Financial Services Group New 1.72% +1.72
FBTC Fidelity Wise Origin Bitcoin New 1.46% +1.46
TJX TJX Companies Inc. New 1.28% +1.28
FETH Fidelity Ethereum Fund New 1.10% +1.10
DE Deere & Co. New 0.64% +0.64
SOFI Sofi Technologies Inc. New 0.63% +0.63
AMD Advanced Micro Devices Add +7.6% 1.69% +0.52
IBB iShares Biotechnology ETF New 0.48% +0.48
LRCX Lam Research Corp. Add +2.7% 1.84% +0.46
CAT Caterpillar Inc. Add +2.4% 1.85% +0.37
EXPE Expedia Group Inc. Add +8.7% 1.04% +0.33
KLAC KLA Corp. Add +0.8% 2.02% +0.27
GS Goldman Sachs Group Inc. Add +13.9% 1.16% +0.25
MNST Monster Beverage Corp. Add +10.8% 0.98% +0.21
AXP American Express Co. Add +2.5% 1.56% +0.21
GEV GE Vernova Inc. Add +4.3% 1.65% +0.19
BNY Bank of New York Mellon Corp. Add +3.6% 1.65% +0.18
SPGI S&P Global Inc. Add +3.8% 1.46% +0.17
AVGO Broadcom Inc. Add +9.6% 1.17% +0.17
GE General Electric Add +10.9% 1.24% +0.16
EMR Emerson Electric Co. Add +13.2% 0.95% +0.13
JPM JPMorgan Chase & Co. Add +2.3% 2.30% +0.13
PWR Quanta Services Inc. Add +1.9% 1.88% +0.10
MU Micron Technology Inc. Add +38.4% 0.15% +0.09
LLY Eli Lilly & Co. New 0.06% +0.06
COST Costco Wholesale Corp. Add +9.2% 1.03% +0.03
PLTR Palantir Technologies Inc. Class A Add +2.4% 2.37% +0.03
GRNY Fundstr Gran SH US LRG Cap Add +19.7% 0.17% +0.03
CRWD CrowdStrike Holdings Inc. Class A Add +4.3% 1.34% +0.02
INTC Intel Corp. Add +2.1% 0.13% +0.02
JNJ Johnson & Johnson Add +0.1% 0.11% +0.01
AGG iShares Core U.S. Aggregate Add +15.7% 0.08% +0.01
IWM iShares Russell 2000 ETF Add +7.3% 0.10% +0.01
USB US Bancorp Add +0.6% 0.07% +0.01
BSV Vanguard Short-Term Bond ETF Add +9.5% 0.06% +0.01
BIV Vanguard Intermediate-Term B Add +9.8% 0.06% +0.01
TRV The Travelers Cos Inc. Add +0.1% 0.07% +0.00
EFA iShares MSCI Eafe ETF Add +0.3% 0.07% +0.00
COP Conocophillips Add +0.0% 0.06% +0.00
UNP Union Pacific Corp. Add +0.0% 0.19% −0.00
PSX Phillips 66 Add +0.1% 0.05% −0.00
AVXL Anavex Life Sciences Corp. Add +19.5% 0.01% −0.01
PANW Palo Alto Networks Inc. Add +2.2% 1.55% −0.10
NFLX Netflix Inc. Add +9.1% 0.99% −0.15
CDNS Cadence Design SYS Inc. Add +0.9% 1.90% −0.18
HOOD Robinhood Markets Inc. Class A Add +5.2% 1.83% −0.34
AXON Axon Enterprise Inc. Add +1.7% 1.61% −0.36

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