Core Alternative Capital
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Core Alternative Capital reported 345 stock positions worth $365.6 million. Its top holding was Microsoft (MSFT) at 6.5% of the portfolio, followed by Apple (AAPL, 5.3%) and JPMorgan Chase (JPM, 4.1%). Compared with Q1 2025, it opened 10 new positions, sold out of 10, added to 35 and reduced 94. The biggest buy was Amazon.com (AMZN, shares +71%) and the biggest sale an exit from Fidelity Cash Fund.
- Most Recent 13F
- Q2 2026
- Location
- PEACHTREE CORNERS, GA
- CIK
- 0001776878
- Portfolio Value
- $365.6M (Q2 2025)
- SEC Filing
- 0001376474-25-000702 ↗ filed Aug 5, 2025
Holdings Value
Holdings 345 stocks · $365.6M
| MSFT Microsoft Corp. | 6.47% | 47,530 | $23.6M | Reduce -14.3% |
| AAPL Apple Inc. | 5.31% | 94,702 | $19.4M | Reduce -9.3% |
| JPM JPMorgan Chase & Co. | 4.09% | 51,604 | $15.0M | Reduce -6.0% |
| GOOG Alphabet Inc. Class C | 3.55% | 73,130 | $13.0M | Reduce -13.3% |
| LLY Eli Lilly & Co. | 2.82% | 13,238 | $10.3M | Reduce -9.3% |
| WMT Walmart Inc. | 2.52% | 94,357 | $9.2M | Reduce -5.6% |
| XOM Exxon Mobil Corp. | 2.11% | 71,509 | $7.7M | Add +5.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.08% | 15,654 | $7.6M | Reduce -3.2% |
| AMD Advanced Micro Devices | 1.98% | 50,914 | $7.2M | Reduce -7.8% |
| WM Waste Management Inc. | 1.95% | 31,197 | $7.1M | Reduce -11.3% |
| SO The Southern Co. | 1.94% | 77,227 | $7.1M | Reduce -12.4% |
| JNJ Johnson & Johnson | 1.90% | 45,441 | $6.9M | Reduce -7.2% |
| AMZN Amazon.com Inc. | 1.86% | 30,914 | $6.8M | Add +70.9% |
| V Visa Inc. Class A | 1.82% | 18,706 | $6.6M | Reduce -6.9% |
| FISV Fiserv Inc. | 1.76% | 37,263 | $6.4M | Reduce -3.0% |
| CB Chubb Ltd. | 1.69% | 21,291 | $6.2M | Reduce -11.8% |
| CME Cme Group Inc. | 1.68% | 22,335 | $6.2M | Reduce -10.0% |
| PG The Procter & Gamble Co. | 1.67% | 38,401 | $6.1M | Reduce -9.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.63% | 48,345 | $6.0M | Reduce -10.8% |
| BR Broadridge Financial Solutio | 1.60% | 24,079 | $5.9M | Reduce -9.7% |
| MCD McDonald's Corp. | 1.59% | 19,891 | $5.8M | Reduce -13.0% |
| MS Morgan Stanley | 1.53% | 39,590 | $5.6M | Reduce -4.3% |
| APD Air Products & Chemicals Inc. | 1.52% | 19,685 | $5.5M | Reduce -2.8% |
| MOS The Mosaic Co. | 1.51% | 150,914 | $5.5M | Reduce -8.3% |
| LMT Lockheed Martin Corp. | 1.46% | 11,560 | $5.4M | Reduce -6.8% |
| CVX Chevron Corp. | 1.45% | 37,052 | $5.3M | Reduce -2.0% |
| NEE Nextera Energy Inc. | 1.45% | 76,180 | $5.3M | Reduce -13.7% |
| SHW The Sherwin-Williams Co. | 1.41% | 15,030 | $5.2M | Add +13.2% |
| PAYX Paychex Inc. | 1.39% | 35,047 | $5.1M | Reduce -11.4% |
| O Realty Income Corp. | 1.35% | 85,786 | $4.9M | Reduce -8.4% |
| UNH Unitedhealth Group Inc. | 1.30% | 15,179 | $4.7M | Reduce -20.0% |
| NTAP Netapp Inc. | 1.28% | 43,936 | $4.7M | Reduce -2.5% |
| ADBE Adobe Inc. | 1.25% | 11,783 | $4.6M | Add +4.8% |
| DHI D.R. Horton Inc. | 1.24% | 35,294 | $4.6M | Reduce -11.2% |
| ACN Accenture PLC Class A | 1.24% | 15,161 | $4.5M | Reduce -8.7% |
| FDS Factset Research Systems Inc. | 1.23% | 10,091 | $4.5M | Reduce -12.2% |
| GOOGL Alphabet Inc. Class A | 1.21% | 25,118 | $4.4M | Reduce -5.1% |
| CSCO Cisco Systems Inc. | 1.20% | 63,184 | $4.4M | Reduce -12.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.16% | 14,448 | $4.3M | No change |
| LHX L3HARRIS Technologies Inc. | 1.16% | 16,914 | $4.2M | Reduce -2.2% |
| NEM Newmont Corp. | 1.15% | 72,396 | $4.2M | Reduce -6.8% |
| MRK Merck & Co. Inc. | 1.10% | 50,709 | $4.0M | Reduce -14.0% |
| TEL Te Connectivity PLC | 1.10% | 23,773 | $4.0M | Reduce -10.8% |
| PANW Palo Alto Networks Inc. | 1.08% | 19,256 | $3.9M | Reduce -5.7% |
| AFL Aflac Inc. | 1.06% | 36,711 | $3.9M | Reduce -49.8% |
| GPC Genuine Parts Co. | 1.05% | 31,578 | $3.8M | Reduce -5.1% |
| VZ Verizon Communications Inc. | 1.02% | 86,550 | $3.7M | Reduce -4.3% |
| NXPI NXP Semiconductors NV | 1.02% | 17,004 | $3.7M | Reduce -3.3% |
| ITW Illinois Tool Works | 0.98% | 14,522 | $3.6M | Reduce -1.6% |
| MDT Medtronic PLC | 0.98% | 41,175 | $3.6M | Add +2.0% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.85% | 95,185 | $3.1M | Reduce -11.4% |
| CTRA Coterra Energy Inc. | 0.85% | 122,209 | $3.1M | Add +8.5% |
| PEP Pepsico Inc. | 0.84% | 23,312 | $3.1M | Reduce -35.1% |
| BX Blackstone Inc. | 0.74% | 17,999 | $2.7M | Reduce -10.2% |
| TGT Target Corp. | 0.61% | 22,775 | $2.2M | Reduce -17.4% |
| META Meta Platforms Inc. Class A | 0.58% | 2,890 | $2.1M | Reduce -23.1% |
| EMR Emerson Electric Co. | 0.45% | 12,329 | $1.6M | Reduce -19.7% |
| AXP American Express Co. | 0.39% | 4,417 | $1.4M | Add +1271.7% |
| HD Home Depot Inc. | 0.38% | 3,785 | $1.4M | Add +218.1% |
| TSCO Tractor Supply Company | 0.37% | 25,570 | $1.3M | Add +10.6% |
| TMO Thermo Fisher Scientific Inc. | 0.35% | 3,132 | $1.3M | Reduce -19.1% |
| ARE Alexandria Real Estate Equit | 0.35% | 17,382 | $1.3M | Reduce -37.1% |
| AMGN Amgen Inc. | 0.31% | 4,101 | $1.1M | Reduce -19.7% |
| AVGO Broadcom Inc. | 0.28% | 3,717 | $1.0M | Reduce -69.0% |
| WFC Wells Fargo & Co. | 0.28% | 12,606 | $1.0M | Add +27.7% |
| KO The Coca-Cola Co. | 0.26% | 13,635 | $965K | Reduce -25.9% |
| MMM 3M Co. | 0.23% | 5,635 | $858K | Add +4.5% |
| NVDA Nvidia Corp. | 0.23% | 5,415 | $856K | Add +0.2% |
| ETN Eaton Corp. PLC | 0.23% | 2,343 | $836K | Reduce -58.8% |
| NSC Norfolk Southern Corp. | 0.19% | 2,727 | $698K | Reduce -87.0% |
| UNP Union Pacific Corp. | 0.19% | 3,034 | $698K | Reduce -18.9% |
| XLF SS Financial Select Sector | 0.18% | 12,270 | $643K | Reduce -4.2% |
| DEO Diageo PLC-Sponsored ADR | 0.15% | 5,279 | $532K | Reduce -32.5% |
| MPC Marathon Petroleum Corp. | 0.13% | 2,911 | $483K | No change |
| CAT Caterpillar Inc. | 0.13% | 1,235 | $479K | No change |
| IVV iShares Core S&P 500 ETF | 0.12% | 724 | $450K | Reduce -3.1% |
| ICE Intercontinental Exchange Inc. | 0.12% | 2,421 | $444K | Reduce -2.0% |
| ORCL Oracle Corp. | 0.12% | 1,935 | $423K | No change |
| DHR Danaher Corp. | 0.11% | 2,093 | $413K | Reduce -2.5% |
| LRCX Lam Research Corp. | 0.10% | 3,830 | $373K | Reduce -65.8% |
| BLK BlackRock Inc. | 0.10% | 332 | $348K | Reduce -61.6% |
| TRV The Travelers Cos Inc. | 0.09% | 1,245 | $333K | Add +16.9% |
| AMP Ameriprise Financial Inc. | 0.09% | 599 | $320K | Add +19866.7% |
| DE Deere & Co. | 0.07% | 512 | $260K | No change |
| HON Honeywell International Inc. | 0.07% | 1,031 | $240K | Add +94.2% |
| CMCSA Comcast Corp. Class A | 0.05% | 5,166 | $184K | Add +7.5% |
| GE General Electric filed as GE AEROSPACE | 0.05% | 710 | $183K | Add +115.8% |
| MDLZ Mondelez International Inc. Class A | 0.05% | 2,642 | $178K | Reduce -76.8% |
| UBER Uber Technologies Inc. | 0.05% | 1,810 | $169K | No change |
| RTX RTX Corp. | 0.04% | 1,097 | $160K | Reduce -68.8% |
| BA The Boeing Co. | 0.04% | 730 | $153K | Reduce -66.3% |
| ITOT iShares Core S&P Total U.S. | 0.04% | 1,120 | $151K | No change |
| ANET Arista Networks Inc. | 0.03% | 1,220 | $125K | No change |
| PNC PNC Financial Services Group | 0.03% | 638 | $119K | Add +248.6% |
| AWK American Water Works Co. Inc. | 0.03% | 818 | $114K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.03% | 869 | $108K | Add +60.3% |
| SRE Sempra | 0.03% | 1,417 | $107K | No change |
| COST Costco Wholesale Corp. | 0.03% | 107 | $106K | No change |
| PFE Pfizer Inc. | 0.03% | 4,363 | $106K | No change |
| SOLV Solventum Corp. | 0.03% | 1,346 | $102K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| FIDELITY CASH FUND | Sold out | 0.00% | −2.92 |
| UNH Unitedhealth Group Inc. | Reduce -20.0% | 1.30% | −1.09 |
| NSC Norfolk Southern Corp. | Reduce -87.0% | 0.19% | −1.00 |
| AFL Aflac Inc. | Reduce -49.8% | 1.06% | −0.90 |
| FDRXX Fidelity Govt Cash Reserv | Sold out | 0.00% | −0.52 |
| PEP Pepsico Inc. | Reduce -35.1% | 0.84% | −0.45 |
| FISV Fiserv Inc. | Reduce -3.0% | 1.76% | −0.28 |
| ARE Alexandria Real Estate Equit | Reduce -37.1% | 0.35% | −0.27 |
| AAPL Apple Inc. | Reduce -9.3% | 5.31% | −0.26 |
| AVGO Broadcom Inc. | Reduce -69.0% | 0.28% | −0.20 |
| COR Cencora Inc. | Sold out | 0.00% | −0.19 |
| MFC Manulife Financial Corp. | Reduce -97.0% | 0.01% | −0.18 |
| MRK Merck & Co. Inc. | Reduce -14.0% | 1.10% | −0.17 |
| BKNG Booking Holdings Inc. | Reduce -90.1% | 0.03% | −0.16 |
| ETN Eaton Corp. PLC | Reduce -58.8% | 0.23% | −0.14 |
| ABBV Abbvie Inc. | Reduce -90.8% | 0.01% | −0.14 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −0.14 |
| MDLZ Mondelez International Inc. Class A | Reduce -76.8% | 0.05% | −0.14 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.13 |
| MCD McDonald's Corp. | Reduce -13.0% | 1.59% | −0.13 |
| LOW Lowe's Cos Inc. | Reduce -93.5% | 0.01% | −0.12 |
| MRSH Marsh & McLennan Cos | Reduce -99.0% | 0.00% | −0.12 |
| TMO Thermo Fisher Scientific Inc. | Reduce -19.1% | 0.35% | −0.12 |
| BLK BlackRock Inc. | Reduce -61.6% | 0.10% | −0.10 |
| LRCX Lam Research Corp. | Reduce -65.8% | 0.10% | −0.09 |
| SU Suncor Energy Inc. | Reduce -97.1% | 0.00% | −0.09 |
| TGT Target Corp. | Reduce -17.4% | 0.61% | −0.08 |
| LLY Eli Lilly & Co. | Reduce -9.3% | 2.82% | −0.07 |
| CTSH Cognizant Tech Solutions-A | Reduce -99.5% | 0.00% | −0.07 |
| SYY Sysco Corp. | Reduce -98.5% | 0.00% | −0.07 |
| PAYX Paychex Inc. | Reduce -11.4% | 1.39% | −0.07 |
| CVX Chevron Corp. | Reduce -2.0% | 1.45% | −0.07 |
| AMGN Amgen Inc. | Reduce -19.7% | 0.31% | −0.07 |
| RTX RTX Corp. | Reduce -68.8% | 0.04% | −0.07 |
| CB Chubb Ltd. | Reduce -11.8% | 1.69% | −0.07 |
| EA Electronic Arts Inc. | Reduce -99.3% | 0.00% | −0.07 |
| UPS United Parcel Service Class B | Reduce -87.0% | 0.01% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -9.2% | 1.67% | −0.06 |
| NEE Nextera Energy Inc. | Reduce -13.7% | 1.45% | −0.06 |
| JNJ Johnson & Johnson | Reduce -7.2% | 1.90% | −0.05 |
| KO The Coca-Cola Co. | Reduce -25.9% | 0.26% | −0.05 |
| DEO Diageo PLC-Sponsored ADR | Reduce -32.5% | 0.15% | −0.05 |
| BA The Boeing Co. | Reduce -66.3% | 0.04% | −0.05 |
| NKE Nike Inc. Class B | Reduce -88.9% | 0.01% | −0.04 |
| FDS Factset Research Systems Inc. | Reduce -12.2% | 1.23% | −0.02 |
| UNP Union Pacific Corp. | Reduce -18.9% | 0.19% | −0.02 |
| CE Celanese Corp. | Reduce -86.5% | 0.00% | −0.02 |
| SO The Southern Co. | Reduce -12.4% | 1.94% | −0.01 |
| ORI Old Republic Intl Corp. | Sold out | 0.00% | −0.01 |
| NSRGY Nestle SA-Spons ADR | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| AMZN Amazon.com Inc. | Add +70.9% | 1.86% | +1.03 |
| AXP American Express Co. | Add +1271.7% | 0.39% | +0.36 |
| SHW The Sherwin-Williams Co. | Add +13.2% | 1.41% | +0.30 |
| HD Home Depot Inc. | Add +218.1% | 0.38% | +0.27 |
| ADBE Adobe Inc. | Add +4.8% | 1.25% | +0.21 |
| XOM Exxon Mobil Corp. | Add +5.0% | 2.11% | +0.16 |
| MDT Medtronic PLC | Add +2.0% | 0.98% | +0.11 |
| WFC Wells Fargo & Co. | Add +27.7% | 0.28% | +0.11 |
| NVDA Nvidia Corp. | Add +0.2% | 0.23% | +0.09 |
| AMP Ameriprise Financial Inc. | Add +19866.7% | 0.09% | +0.09 |
| CTRA Coterra Energy Inc. | Add +8.5% | 0.85% | +0.07 |
| TSCO Tractor Supply Company | Add +10.6% | 0.37% | +0.06 |
| MMM 3M Co. | Add +4.5% | 0.23% | +0.04 |
| HON Honeywell International Inc. | Add +94.2% | 0.07% | +0.04 |
| GE General Electric | Add +115.8% | 0.05% | +0.03 |
| PNC PNC Financial Services Group | Add +248.6% | 0.03% | +0.02 |
| TRV The Travelers Cos Inc. | Add +16.9% | 0.09% | +0.02 |
| HRL Hormel Foods Corp. | New | 0.02% | +0.02 |
| KMB Kimberly-Clark Corp. | New | 0.02% | +0.02 |
| GEV GE Vernova Inc. | Add +114.8% | 0.03% | +0.02 |
| ECL Ecolab Inc. | Add +3214.3% | 0.02% | +0.02 |
| DIS The Walt Disney Co. | Add +60.3% | 0.03% | +0.02 |
| ALL Allstate Corp. | Add +2862.5% | 0.01% | +0.01 |
| C Citigroup Inc. | Add +106.4% | 0.02% | +0.01 |
| AMT American Tower Corp. | Add +31.9% | 0.03% | +0.01 |
| CMCSA Comcast Corp. Class A | Add +7.5% | 0.05% | +0.01 |
| VLO Valero Energy Corp. | Add +16.3% | 0.03% | +0.01 |
| GRMN Garmin Ltd. | Add +95.2% | 0.01% | +0.01 |
| T AT&T Inc. | Add +50.9% | 0.01% | +0.01 |
| APAM Artisan Partners Asset Ma -A | New | 0.00% | +0.00 |
| TSLA Tesla Inc. | Add +3.0% | 0.01% | +0.00 |
| CPA Copa Holdings SA Class A | New | 0.00% | +0.00 |
| GEHC GE Healthcare Technology | Add +129.6% | 0.00% | +0.00 |
| DD Dupont DE Nemours Inc. | Add +640.0% | 0.00% | +0.00 |
| CTVA Corteva Inc. | Add +147.7% | 0.00% | +0.00 |
| CRM Salesforce Inc. | Add +1.6% | 0.01% | +0.00 |
| TSN Tyson Foods Inc. Class A | Add +1054.5% | 0.00% | +0.00 |
| MO Altria Group Inc. | Add +175.4% | 0.00% | +0.00 |
| SXC Suncoke Energy Inc. | New | 0.00% | +0.00 |
| WY Weyerhaeuser Co. | New | 0.00% | +0.00 |
| DOW Dow Inc. | Add +752.9% | 0.00% | +0.00 |
| HII Huntington Ingalls Industrie | New | 0.00% | +0.00 |
| AVNS Avanos Medical Inc. | New | 0.00% | +0.00 |
| CC The Chemours Co. | New | 0.00% | +0.00 |
| SLVM Sylvamo Corp. | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 201 | $334.2M | AAPL, GOOG, MSFT, AMD, JPM |
| Q1 2026 | 205 | $338.7M | AAPL, MSFT, GOOG, JPM, XOM |
| Q4 2025 | 213 | $362.6M | AAPL, MSFT, GOOG, JPM, LLY |
| Q3 2025 | 340 | $344.5M | MSFT, AAPL, GOOG, JPM, LLY |
| Q2 2025 | 345 | $365.6M | MSFT, AAPL, JPM, GOOG, LLY |
| Q1 2025 | 345 | $416.0M | AAPL, MSFT, JPM, GOOG, FIDELITY CASH FUND |
| Q4 2024 | 360 | $478.4M | AAPL, MSFT, JPM, GOOG, FIDELITY CASH FUND |
| Q3 2024 | 361 | $517.3M | AAPL, MSFT, JPM, GOOG, UNH |
| Q2 2024 | 362 | $500.2M | MSFT, AAPL, GOOG, JPM, LLY |
| Q1 2024 | 354 | $558.1M | MSFT, AAPL, JPM, GOOG, LLY |