NCM Capital Management, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), NCM Capital Management, LLC reported 160 stock positions worth $190.7 million. Its top holding was Nvidia (NVDA) at 9.1% of the portfolio, followed by Amplify CWP Enhan Divid ETF (DIVO, 5.9%) and Apple (AAPL, 4.1%). Compared with Q1 2024, it opened 10 new positions, sold out of 9, added to 60 and reduced 32. The biggest buy was Texas Pacific Land (TPL, shares +8%) and the biggest sale iShares Russell 2000 ETF (IWM, shares −24%).

Most Recent 13F
Q2 2026
Location
RAMSEY, NJ
CIK
0001907054
Portfolio Value
$190.7M (Q2 2024)
SEC Filing
0001907054-24-000003 ↗ filed Aug 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $178.5M Q1 2024 Q2 2024: $190.7M $190.7M Q2 2024 Q3 2024: $208.4M Q3 2024 Q4 2024: $221.9M Q4 2024 Q1 2025: $222.4M Q1 2025 Q2 2025: $243.6M Q2 2025 Q3 2025: $257.8M Q3 2025 Q4 2025: $269.6M Q4 2025 Q1 2026: $279.3M Q1 2026 Q2 2026: $324.5M Q2 2026

Holdings 160 stocks · $190.7M
NVDA Nvidia Corp. 9.05% 139,772 $17.3M Reduce -3.0%
DIVO Amplify CWP Enhan Divid ETF 5.91% 291,440 $11.3M Add +2.6%
AAPL Apple Inc. 4.08% 36,940 $7.8M Reduce -1.2%
MSFT Microsoft Corp. 4.00% 17,056 $7.6M Add +1.9%
TPL Texas Pacific Land Corp. 3.90% 10,132 $7.4M Add +8.2%
JEPI JPMorgan Equity Premium Inco 3.41% 114,821 $6.5M Add +3.4%
AVUV Avantis US Small Cap Value 2.86% 60,808 $5.5M Add +8.0%
SCHD Schwab US DVD Equity ETF 2.57% 63,095 $4.9M Add +15.8%
JPM JPMorgan Chase & Co. 2.42% 22,779 $4.6M Add +0.0%
VUG Vanguard Mrngstar GR ETF-Sui 2.36% 12,029 $4.5M Add +0.7%
VIGI Vanguard Int Div App Indx FD 2.23% 52,434 $4.3M Reduce -0.1%
GOOGL Alphabet Inc. Class A 1.66% 17,405 $3.2M Reduce -0.4%
INFL Horizon Kinetics Infl Benef 1.31% 76,638 $2.5M Add +0.4%
TCAF T Rowe PRC Cap Appreciation 1.30% 78,976 $2.5M Add +55.5%
TLTW iShares 20+ Bond Buywrite 1.25% 92,509 $2.4M Add +0.3%
MRK Merck & Co. Inc. 1.18% 18,193 $2.3M Add +9.9%
VHT Vanguard Health Care ETF 1.14% 8,155 $2.2M No change
XOM Exxon Mobil Corp. 1.13% 18,728 $2.2M No change
COWZ Pacer US Cash Cows 100 ETF 1.09% 38,163 $2.1M Add +10.8%
LLY Eli Lilly & Co. 0.96% 2,030 $1.8M Reduce -4.7%
RSP Invesco S&P 500 Equal Weight 0.94% 10,924 $1.8M Add +0.1%
HD Home Depot Inc. 0.94% 5,208 $1.8M Add +0.3%
QCOM Qualcomm Inc. 0.94% 8,987 $1.8M Add +2.3%
DVY iShares Select Dividend ETF 0.83% 13,118 $1.6M No change
NEE Nextera Energy Inc. 0.78% 21,111 $1.5M Add +0.0%
HDV iShares Core High Dividend E 0.78% 13,636 $1.5M Add +0.0%
AMZN Amazon.com Inc. 0.76% 7,470 $1.4M Add +1.0%
QQQ Invesco QQQ Trust Series 1 0.75% 2,977 $1.4M No change
IYW iShares Ustechnology ETF 0.75% 9,460 $1.4M Reduce -1.6%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.74% 20,820 $1.4M Add +2.4%
GDX Vaneck Gold Miners ETF 0.74% 41,482 $1.4M Reduce -2.0%
AMD Advanced Micro Devices 0.73% 8,579 $1.4M Add +30.1%
VLUE iShares MSCI USA Value Facto 0.70% 12,868 $1.3M Reduce -1.9%
ABBV Abbvie Inc. 0.69% 7,698 $1.3M No change
VTI VG Morningstar TS MKT ETF-US 0.67% 4,790 $1.3M Add +1.4%
HON Honeywell International Inc. 0.66% 5,896 $1.3M Add +0.1%
XLK SS Technology Select Sector 0.66% 5,526 $1.3M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.64% 30,483 $1.2M No change
DGRO iShares Core Dividend Growth 0.61% 20,225 $1.2M Reduce -1.5%
IEFA iShares Core MSCI Eafe ETF 0.61% 16,030 $1.2M Add +3.6%
INTC Intel Corp. 0.57% 35,393 $1.1M Add +2.9%
IVV iShares Core S&P 500 ETF 0.57% 1,977 $1.1M New
ETN Eaton Corp. PLC 0.57% 3,439 $1.1M No change
MDY State Street SPDR S&P Midcap 0.56% 1,988 $1.1M No change
VTWO Vanguard Russell 2000 ETF 0.53% 12,374 $1.0M No change
MS Morgan Stanley 0.49% 9,589 $932K Reduce -1.0%
MCD McDonald's Corp. 0.48% 3,586 $914K No change
PFE Pfizer Inc. 0.47% 32,246 $902K Reduce -6.6%
PEP Pepsico Inc. 0.47% 5,451 $899K Add +7.5%
BMY Bristol-Myers Squibb Co. 0.47% 21,588 $897K Add +45.0%
IWM iShares Russell 2000 ETF 0.47% 4,390 $891K Reduce -24.3%
JNJ Johnson & Johnson 0.47% 6,092 $890K Add +9.9%
BX Blackstone Inc. 0.46% 7,148 $885K Reduce -2.1%
NKE Nike Inc. Class B 0.45% 11,485 $866K Reduce -0.9%
CVX Chevron Corp. 0.45% 5,471 $856K Reduce -0.9%
BRK.B Berkshire Hathaway Inc. Class B 0.43% 2,028 $825K No change
PG The Procter & Gamble Co. 0.42% 4,898 $808K No change
WM Waste Management Inc. 0.42% 3,737 $797K No change
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.41% 14,118 $784K Add +2.0%
BA The Boeing Co. 0.41% 4,282 $779K Add +16.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.41% 4,501 $778K Reduce -1.1%
AMGN Amgen Inc. 0.40% 2,429 $759K No change
TPH Tri Pointe Homes Inc. 0.39% 20,100 $749K Add +24.8%
VZ Verizon Communications Inc. 0.39% 18,145 $748K No change
RTX RTX Corp. 0.38% 7,264 $729K Add +4.3%
XLP SS Consumer Staples Sel Sect 0.38% 9,405 $720K Add +9.3%
ACN Accenture PLC Class A 0.37% 2,344 $711K No change
GILD Gilead Sciences Inc. 0.37% 10,292 $706K Add +0.0%
IWD iShares Russell 1000 Value E 0.37% 4,047 $706K Reduce -2.9%
BUG Global X Cybersecurity ETF 0.37% 23,785 $704K Add +1.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.37% 4,373 $701K Add +0.2%
CAT Caterpillar Inc. 0.36% 2,055 $685K Reduce -2.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.35% 6,785 $674K Reduce -2.2%
IVW iShares S&P 500 Growth ETF 0.35% 7,200 $666K No change
QUAL iShares MSCI USA Quality Fac 0.34% 3,839 $656K No change
WEN The Wendy's Co. 0.34% 37,695 $639K Add +36.1%
AVES Avantis Emerging Markets Val 0.33% 13,044 $636K Add +4.1%
DFAT Dimensional US Target Value 0.32% 11,783 $611K Add +0.3%
MMM 3M Co. 0.31% 5,850 $598K New
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.31% 7,506 $590K No change
VDC Vanguard Consumer Staple ETF 0.30% 2,855 $580K Reduce -1.7%
WY Weyerhaeuser Co. 0.30% 20,191 $573K Reduce -1.0%
GLW Corning Inc. 0.30% 14,725 $572K Add +2.8%
HELO JPMorgan Hedged Equity ETF 0.30% 9,766 $572K Add +106.3%
CMG Chipotle Mexican Grill Inc. 0.30% 9,050 $567K Add +3.4%
TXN Texas Instruments Inc. 0.29% 2,848 $554K Add +56.7%
WPM Wheaton Precious Metals Corp. 0.28% 10,125 $531K Add +1.0%
VNQ Vanguard Real Estate ETF 0.28% 6,274 $526K No change
BDX Becton Dickinson and Co. 0.27% 2,238 $523K No change
LOW Lowe's Cos Inc. 0.26% 2,275 $502K Add +0.1%
CSX CSX Corp. 0.26% 14,946 $500K No change
PSEP Innovator U.S. Equity Power 0.25% 12,954 $485K Reduce -3.7%
UPS United Parcel Service Class B 0.25% 3,473 $475K Add +4.7%
SHY iShares 1-3 Year Treasury Bo 0.25% 5,815 $475K Add +0.3%
GM General Motors Co. 0.24% 9,860 $458K No change
ABT Abbott Laboratories 0.24% 4,400 $457K No change
LMT Lockheed Martin Corp. 0.24% 977 $456K No change
IJH iShares Core S&P Midcap ETF 0.24% 7,750 $454K No change
CSCO Cisco Systems Inc. 0.24% 9,456 $449K Add +5.2%
DXJ Wisdomtree Japan Hedged Eq 0.23% 3,964 $447K Add +0.0%
XNXJX Nuveen NJ QLTY Muni Inc. 0.23% 36,067 $440K Add +21.4%
MUB iShares National Muni Bond E 0.23% 4,039 $430K Add +3.6%
IJR iShares Core S&P Small-Cap E 0.23% 4,032 $430K Reduce -0.1%
MU Micron Technology Inc. 0.22% 3,250 $427K No change
VIS Vanguard Industrials ETF 0.22% 1,805 $425K No change
GLD SPDR Gold Shares 0.22% 1,950 $419K Reduce -4.9%
IJK iShares S&P Mid-Cap 400 Grow 0.22% 4,728 $417K No change
DFUV Dimensional US Marketwide Va 0.22% 10,465 $411K No change
IWS iShares Russell Mid-Cap Valu 0.22% 3,400 $411K No change
WMT Walmart Inc. 0.21% 5,992 $406K No change
FELC Fidelity Enh LRG Cap Cor ETF 0.21% 13,217 $404K Add +0.3%
DUK Duke Energy Corp. 0.21% 4,029 $404K No change
XLV SS Health Care Select Sector 0.20% 2,683 $391K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.20% 715 $389K No change
IWR iShares Russell Mid-Cap ETF 0.19% 4,552 $369K Reduce -5.2%
GBTC Grayscale Bitcoin Trust ETF 0.19% 6,923 $369K No change
COST Costco Wholesale Corp. 0.19% 433 $368K No change
MOO Vaneck Agribusiness ETF 0.19% 5,126 $359K Add +4.1%
XBI SS SPDR S&P Biotech ETF 0.18% 3,766 $349K No change
META Meta Platforms Inc. Class A 0.18% 691 $348K Reduce -22.4%
OMFL Invesco Russell 1000 DYN M/F 0.18% 6,600 $346K No change
T AT&T Inc. 0.18% 18,108 $346K Reduce -0.8%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.18% 6,680 $339K New
KNG FT Vest S&P 500 DVD Arst TRG 0.17% 6,585 $333K Add +1.5%
VIG Vanguard Dividend Apprec ETF 0.17% 1,761 $321K Add +4.8%
CACI Caci International Inc. Class A 0.16% 700 $301K No change
SPHD Invesco S&P 500 High Dividen 0.16% 6,700 $298K No change
XLE SS Energy Select Sector 0.15% 3,184 $290K Add +3.3%
KMB Kimberly-Clark Corp. 0.15% 2,034 $281K Add +0.1%
MDLZ Mondelez International Inc. Class A 0.15% 4,251 $278K Add +7.7%
UNP Union Pacific Corp. 0.14% 1,215 $275K Reduce -4.0%
TMO Thermo Fisher Scientific Inc. 0.14% 495 $274K No change
GS Goldman Sachs Group Inc. 0.14% 605 $274K No change
ABNB Airbnb Inc. Class A 0.14% 1,800 $273K No change
KO The Coca-Cola Co. 0.14% 4,141 $264K No change
CGW Invesco S&P Global Water Ind 0.14% 4,659 $258K No change
PEG Public Service Enterprise GP 0.13% 3,491 $257K No change
IBB iShares Biotechnology ETF 0.13% 1,865 $256K No change
AVGO Broadcom Inc. 0.13% 158 $254K No change
VXF Vanguard Extended Market ETF 0.13% 1,487 $251K No change
PANW Palo Alto Networks Inc. 0.13% 716 $243K No change
CVS CVS Health Corp. 0.13% 4,082 $241K Reduce -3.0%
DHR Danaher Corp. 0.13% 954 $238K No change
USMV iShares MSCI USA Min Vol Fac 0.12% 2,727 $229K No change
BSV Vanguard Short-Term Bond ETF 0.12% 2,918 $224K No change
PYPL PayPal Holdings Inc. 0.11% 3,713 $215K Reduce -16.5%
MTUM iShares MSCI USA Momentum Fa 0.11% 1,100 $214K No change
URI United Rentals Inc. 0.11% 329 $213K No change
DOW Dow Inc. 0.11% 3,973 $211K Add +11.7%
NJR New Jersey Resources Corp. 0.11% 4,900 $209K New
VGT Vanguard Info Tech ETF 0.11% 350 $202K Reduce -12.5%
ADP Automatic Data Processing 0.10% 838 $200K Add +0.2%
KRP Kimbell Royalty Partners LP 0.10% 11,833 $194K New
DSL Doubleline Income Solutions 0.10% 15,430 $193K Reduce -25.9%
F Ford Motor Co. filed as FORD MTR CO DEL 0.08% 12,418 $156K New
SIRI Sirius XM Holdings Inc. 0.08% 52,919 $150K No change
VKQ Invesco Municipal Trust 0.06% 11,476 $114K New
BGS B&G Foods Inc. 0.05% 12,834 $104K New
BDJ BlackRock Enhanced Eqty DVD 0.04% 10,111 $83K New
FLG New York Community Bancorp 0.03% 18,031 $58K New

Portfolio Sells Q1 2024 → Q2 2024
IWM iShares Russell 2000 ETF Reduce -24.3% 0.47% −0.22
VIGI Vanguard Int Div App Indx FD Reduce -0.1% 2.23% −0.16
NKE Nike Inc. Class B Reduce -0.9% 0.45% −0.16
AVDV Avantis Intl S/C Value ETF Sold out 0.00% −0.13
IYR iShares US Real Estate ETF Sold out 0.00% −0.13
SIGI Selective Insurance Group Sold out 0.00% −0.12
DIS The Walt Disney Co. Reduce -2.2% 0.35% −0.12
DE Deere & Co. Sold out 0.00% −0.12
XLB SS Materials Select Sector Sold out 0.00% −0.12
CRM Salesforce Inc. Sold out 0.00% −0.12
PAVE Global X US Infrastructure Sold out 0.00% −0.11
IWN iShares Russell 2000 Value E Sold out 0.00% −0.11
DVN Devon Energy Corp. Sold out 0.00% −0.11
WY Weyerhaeuser Co. Reduce -1.0% 0.30% −0.11
VLUE iShares MSCI USA Value Facto Reduce -1.9% 0.70% −0.10
IBM Intl Business Machines Corp. Reduce -1.1% 0.41% −0.08
CAT Caterpillar Inc. Reduce -2.4% 0.36% −0.07
BX Blackstone Inc. Reduce -2.1% 0.46% −0.07
PFE Pfizer Inc. Reduce -6.6% 0.47% −0.06
CVS CVS Health Corp. Reduce -3.0% 0.13% −0.06
META Meta Platforms Inc. Class A Reduce -22.4% 0.18% −0.06
DGRO iShares Core Dividend Growth Reduce -1.5% 0.61% −0.06
PYPL PayPal Holdings Inc. Reduce -16.5% 0.11% −0.05
IWD iShares Russell 1000 Value E Reduce -2.9% 0.37% −0.05
DSL Doubleline Income Solutions Reduce -25.9% 0.10% −0.05
CVX Chevron Corp. Reduce -0.9% 0.45% −0.04
IWR iShares Russell Mid-Cap ETF Reduce -5.2% 0.19% −0.03
UNP Union Pacific Corp. Reduce -4.0% 0.14% −0.03
VDC Vanguard Consumer Staple ETF Reduce -1.7% 0.30% −0.03
IJR iShares Core S&P Small-Cap E Reduce -0.1% 0.23% −0.02
MS Morgan Stanley Reduce -1.0% 0.49% −0.02
PSEP Innovator U.S. Equity Power Reduce -3.7% 0.25% −0.02
GLD SPDR Gold Shares Reduce -4.9% 0.22% −0.02
GDX Vaneck Gold Miners ETF Reduce -2.0% 0.74% −0.01
VGT Vanguard Info Tech ETF Reduce -12.5% 0.11% −0.01
T AT&T Inc. Reduce -0.8% 0.18% +0.00
IYW iShares Ustechnology ETF Reduce -1.6% 0.75% +0.02
LLY Eli Lilly & Co. Reduce -4.7% 0.96% +0.04
GOOGL Alphabet Inc. Class A Reduce -0.4% 1.66% +0.18
AAPL Apple Inc. Reduce -1.2% 4.08% +0.49
NVDA Nvidia Corp. Reduce -3.0% 9.05% +1.76

Portfolio Buys Q1 2024 → Q2 2024
TPL Texas Pacific Land Corp. Add +8.2% 3.90% +0.87
IVV iShares Core S&P 500 ETF New 0.57% +0.57
TCAF T Rowe PRC Cap Appreciation Add +55.5% 1.30% +0.44
MMM 3M Co. New 0.31% +0.31
JMST JPM Ultra-Short Muni Income New 0.18% +0.18
HELO JPMorgan Hedged Equity ETF Add +106.3% 0.30% +0.15
TXN Texas Instruments Inc. Add +56.7% 0.29% +0.11
SCHD Schwab US DVD Equity ETF Add +15.8% 2.57% +0.11
NJR New Jersey Resources Corp. New 0.11% +0.11
QCOM Qualcomm Inc. Add +2.3% 0.94% +0.11
KRP Kimbell Royalty Partners LP New 0.10% +0.10
F Ford Motor Co. New 0.08% +0.08
AMD Advanced Micro Devices Add +30.1% 0.73% +0.06
VKQ Invesco Municipal Trust New 0.06% +0.06
VUG Vanguard Mrngstar GR ETF-Sui Add +0.7% 2.36% +0.06
BGS B&G Foods Inc. New 0.05% +0.05
MSFT Microsoft Corp. Add +1.9% 4.00% +0.05
TPH Tri Pointe Homes Inc. Add +24.8% 0.39% +0.04
BDJ BlackRock Enhanced Eqty DVD New 0.04% +0.04
WEN The Wendy's Co. Add +36.1% 0.34% +0.04
GLW Corning Inc. Add +2.8% 0.30% +0.04
FLG New York Community Bancorp New 0.03% +0.03
XNXJX Nuveen NJ QLTY Muni Inc. Add +21.4% 0.23% +0.03
NEE Nextera Energy Inc. Add +0.0% 0.78% +0.03
BMY Bristol-Myers Squibb Co. Add +45.0% 0.47% +0.02
WPM Wheaton Precious Metals Corp. Add +1.0% 0.28% +0.01
CMG Chipotle Mexican Grill Inc. Add +3.4% 0.30% +0.01
BA The Boeing Co. Add +16.2% 0.41% +0.01
AMZN Amazon.com Inc. Add +1.0% 0.76% +0.01
XLP SS Consumer Staples Sel Sect Add +9.3% 0.38% +0.01
RTX RTX Corp. Add +4.3% 0.38% +0.00
AVES Avantis Emerging Markets Val Add +4.1% 0.33% +0.00
KMB Kimberly-Clark Corp. Add +0.1% 0.15% 0.00
VIG Vanguard Dividend Apprec ETF Add +4.8% 0.17% −0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Add +2.4% 0.74% −0.00
DOW Dow Inc. Add +11.7% 0.11% −0.00
FELC Fidelity Enh LRG Cap Cor ETF Add +0.3% 0.21% −0.01
DXJ Wisdomtree Japan Hedged Eq Add +0.0% 0.23% −0.01
MDLZ Mondelez International Inc. Class A Add +7.7% 0.15% −0.01
MUB iShares National Muni Bond E Add +3.6% 0.23% −0.01
JEPQ JPM Nasdaq Equity Premium Add +2.0% 0.41% −0.01
XLE SS Energy Select Sector Add +3.3% 0.15% −0.01
ADP Automatic Data Processing Add +0.2% 0.10% −0.01
CSCO Cisco Systems Inc. Add +5.2% 0.24% −0.02
VTI VG Morningstar TS MKT ETF-US Add +1.4% 0.67% −0.02
SHY iShares 1-3 Year Treasury Bo Add +0.3% 0.25% −0.02
HON Honeywell International Inc. Add +0.1% 0.66% −0.02
MOO Vaneck Agribusiness ETF Add +4.1% 0.19% −0.02
KNG FT Vest S&P 500 DVD Arst TRG Add +1.5% 0.17% −0.02
BUG Global X Cybersecurity ETF Add +1.4% 0.37% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 194$324.5MNVDA, TPL, DIVO, TCAF, AVUV
Q1 2026 185$279.3MNVDA, TPL, DIVO, AVUV, JEPI
Q4 2025 175$269.6MNVDA, DIVO, TPL, TCAF, JEPI
Q3 2025 183$257.8MNVDA, DIVO, TPL, MSFT, JEPI
Q2 2025 177$243.6MNVDA, DIVO, TPL, MSFT, JEPI
Q1 2025 171$222.4MNVDA, TPL, DIVO, JEPI, SCHD
Q4 2024 170$221.9MNVDA, DIVO, TPL, AAPL, MSFT
Q3 2024 165$208.4MNVDA, DIVO, TPL, AAPL, MSFT
Q2 2024 160$190.7MNVDA, DIVO, AAPL, MSFT, TPL
Q1 2024 159$178.5MNVDA, DIVO, MSFT, JEPI, AAPL