In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), KCM Capital Inc reported 31 stock positions worth $535.6 million . Its top holding was Sandisk (SNDK) at 15.4% of the portfolio, followed by Nvidia (NVDA, 9.8% ) and Micron Technology (MU, 9.5% ). Compared with Q4 2025, it opened 8 new positions, sold out of 1, added to 6 and reduced 9. The biggest buy was Micron Technology (MU, shares +67% ) and the biggest sale AppLovin Class A (APP, shares −20% ).
Location SHAWNEE, KS
CIK 0002026745
Portfolio Value $535.6M (Q1 2026) Holdings 31 stocks · $535.6M Holdings quarter Q2 2026 Q1 2026 Q4 2025
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 SNDK Sandisk Corp. 130,000 $82.6M Reduce -46.2% NVDA Nvidia Corp. 300,000 $52.3M No change MU Micron Technology Inc. 150,000 $50.7M Add +66.7% LLY Eli Lilly & Co. 40,000 $36.8M No change GEO The Geo Group Inc. 1,995,000 $33.5M Add +36.6% AMZN Amazon.com Inc. 155,000 $32.3M No change CUK Carnival PLC-ADR 1,100,000 $28.5M Reduce -8.3% CBLL Ceribell Inc. 1,400,000 $25.7M Add +40.0% META Meta Platforms Inc. Class A 39,000 $22.3M Reduce -2.5% COST Costco Wholesale Corp. 18,478 $18.4M Reduce -0.0% MSFT Microsoft Corp. 47,000 $17.4M No change GOOG Alphabet Inc. Class C 60,000 $17.2M Add +20.0% ET Energy Transfer LP 840,000 $16.2M Add +40.0% APP AppLovin Corp. Class A 40,000 $15.9M Reduce -20.0% DKNG Draftkings Inc. Class A 500,000 $10.8M Reduce -28.6% UNP Union Pacific Corp. 43,923 $10.7M No change CXW Corecivic Inc. 550,000 $10.4M New ABBV Abbvie Inc. 35,000 $7.6M No change MCD McDonald's Corp. 22,329 $6.9M No change XLU St Sr Utl SL SE SPDR ETF-Usd 150,000 $6.9M Reduce -25.0% IWM iShares Russell 2000 ETF 20,100 $5.0M Add +95.2% DUK Duke Energy Corp. 31,000 $4.1M New AEP American Electric Power 30,800 $4.0M New BMY Bristol-Myers Squibb Co. 65,800 $4.0M New MRK Merck & Co. Inc. 33,000 $4.0M New ABT Abbott Laboratories 38,127 $3.9M Reduce 0.0% IRTC Irhythm Holdings Inc. 30,000 $3.5M Reduce -18.9% CARL Carlsmed Inc. 200,000 $1.8M New CTVA Corteva Inc. 12,950 $1.1M No change CARNIVAL PLC 1,000,000 $650K New SI Shoulder Innovations Inc. 35,000 $509K New
Options reported separately and not counted above: SANDISK CORP calls ($61.2M), MICRON TECHNOLOGY INC calls ($19.0M), SELECT SECTOR SPDR TR calls ($5.9M).
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ APP AppLovin Corp. Class A Reduce -20.0% 2.97% −3.80 DKNG Draftkings Inc. Class A Reduce -28.6% 2.02% −2.83 CUK Carnival PLC-ADR Reduce -8.3% 5.31% −2.05 META Meta Platforms Inc. Class A Reduce -2.5% 4.17% −1.14 IRTC Irhythm Holdings Inc. Reduce -18.9% 0.66% −0.66 XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -25.0% 1.29% −0.43 ABT Abbott Laboratories Reduce 0.0% 0.73% −0.23 P Everpure Inc. Class A Sold out 0.00% −0.23 COST Costco Wholesale Corp. Reduce -0.0% 3.44% +0.24 SNDK Sandisk Corp. Reduce -46.2% 15.42% +3.89
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ MU Micron Technology Inc. Add +66.7% 9.46% +4.30 CXW Corecivic Inc. New 1.94% +1.94 GEO The Geo Group Inc. Add +36.6% 6.26% +1.53 ET Energy Transfer LP Add +40.0% 3.03% +1.04 DUK Duke Energy Corp. New 0.76% +0.76 AEP American Electric Power New 0.75% +0.75 BMY Bristol-Myers Squibb Co. New 0.74% +0.74 MRK Merck & Co. Inc. New 0.74% +0.74 IWM iShares Russell 2000 ETF Add +95.2% 0.93% +0.42 CBLL Ceribell Inc. Add +40.0% 4.79% +0.39 CARL Carlsmed Inc. New 0.34% +0.34 CARNIVAL PLC New 0.12% +0.12 SI Shoulder Innovations Inc. New 0.09% +0.09 GOOG Alphabet Inc. Class C Add +20.0% 3.21% +0.06
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ SANDISK CORP call Reduce -2.9% 410,000 $61.2M MICRON TECHNOLOGY INC call New 560,000 $19.0M TESLA INC call Sold out 130,000 $17.1Mbefore exit SELECT SECTOR SPDR TR call Add +83.3% 1,100,000 $5.9M WESTERN DIGITAL CORP call Sold out 170,000 $1.5Mbefore exit GEO GROUP INC call Sold out 1,050,200 $1.5Mbefore exit BOEING CO call Sold out 126,800 $751Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 30 $611.3M SNDK, MU, NVDA, LLY, GEO Q1 2026 31 $535.6M SNDK, NVDA, MU, LLY, GEO Q4 2025 24 $497.7M SNDK, NVDA, LLY, CUK, AMZN