NCM Capital Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), NCM Capital Management, LLC reported 165 stock positions worth $208.4 million. Its top holding was Nvidia (NVDA) at 8.2% of the portfolio, followed by Amplify CWP Enhan Divid ETF (DIVO, 5.8%) and Texas Pacific Land (TPL, 4.3%). Compared with Q2 2024, it opened 12 new positions, sold out of 7, added to 45 and reduced 37. The biggest buy was 3M (MMM, shares +117%) and the biggest sale an exit from RTX (RTX).

Most Recent 13F
Q2 2026
Location
RAMSEY, NJ
CIK
0001907054
Portfolio Value
$208.4M (Q3 2024)
SEC Filing
0001907054-24-000005 ↗ filed Nov 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $178.5M Q1 2024 Q2 2024: $190.7M Q2 2024 Q3 2024: $208.4M $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 165 stocks · $208.4M
NVDA Nvidia Corp. 8.24% 141,325 $17.2M Add +1.1%
DIVO Amplify CWP Enhan Divid ETF 5.76% 291,558 $12.0M Add +0.0%
TPL Texas Pacific Land Corp. 4.30% 10,135 $9.0M Add +0.0%
AAPL Apple Inc. 4.10% 36,633 $8.5M Reduce -0.8%
MSFT Microsoft Corp. 3.52% 17,057 $7.3M Add +0.0%
JEPI JPMorgan Equity Premium Inco 3.40% 118,919 $7.1M Add +3.6%
AVUV Avantis US Small Cap Value 3.00% 65,094 $6.2M Add +7.0%
SCHD Schwab US DVD Equity ETF 2.89% 71,141 $6.0M Add +12.8%
VUG Vanguard Mrngstar GR ETF-Sui 2.51% 13,611 $5.2M Add +13.2%
JPM JPMorgan Chase & Co. 2.30% 22,774 $4.8M Reduce -0.0%
VIGI Vanguard Int Div App Indx FD 2.24% 52,893 $4.7M Add +0.9%
TCAF T Rowe PRC Cap Appreciation 1.69% 105,842 $3.5M Add +34.0%
GOOGL Alphabet Inc. Class A 1.38% 17,346 $2.9M Reduce -0.3%
INFL Horizon Kinetics Infl Benef 1.38% 76,521 $2.9M Reduce -0.1%
TLTW iShares 20+ Bond Buywrite 1.20% 92,601 $2.5M Add +0.1%
VHT Vanguard Health Care ETF 1.10% 8,155 $2.3M No change
COWZ Pacer US Cash Cows 100 ETF 1.07% 38,514 $2.2M Add +0.9%
XOM Exxon Mobil Corp. 1.05% 18,728 $2.2M No change
HD Home Depot Inc. 1.01% 5,208 $2.1M No change
MRK Merck & Co. Inc. 1.01% 18,493 $2.1M Add +1.6%
RSP Invesco S&P 500 Equal Weight 0.94% 10,932 $2.0M Add +0.1%
LLY Eli Lilly & Co. 0.86% 2,030 $1.8M No change
NEE Nextera Energy Inc. 0.85% 21,067 $1.8M Reduce -0.2%
DVY iShares Select Dividend ETF 0.85% 13,118 $1.8M No change
MMM 3M Co. 0.83% 12,710 $1.7M Add +117.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.82% 21,096 $1.7M Add +1.3%
GDX Vaneck Gold Miners ETF 0.80% 41,632 $1.7M Add +0.4%
HDV iShares Core High Dividend E 0.76% 13,491 $1.6M Reduce -1.1%
ABBV Abbvie Inc. 0.73% 7,698 $1.5M No change
QCOM Qualcomm Inc. 0.73% 8,887 $1.5M Reduce -1.1%
QQQ Invesco QQQ Trust Series 1 0.70% 2,978 $1.5M Add +0.0%
IYW iShares Ustechnology ETF 0.69% 9,460 $1.4M No change
AMD Advanced Micro Devices 0.68% 8,654 $1.4M Add +0.9%
AMZN Amazon.com Inc. 0.68% 7,590 $1.4M Add +1.6%
IVV iShares Core S&P 500 ETF 0.67% 2,433 $1.4M Add +23.1%
VLUE iShares MSCI USA Value Facto 0.67% 12,868 $1.4M No change
VTI VG Morningstar TS MKT ETF-US 0.65% 4,785 $1.4M Reduce -0.1%
DGRO iShares Core Dividend Growth 0.61% 20,225 $1.3M No change
XLK SS Technology Select Sector 0.59% 5,426 $1.2M Reduce -1.8%
IEFA iShares Core MSCI Eafe ETF 0.59% 15,680 $1.2M Reduce -2.2%
HON Honeywell International Inc. 0.58% 5,874 $1.2M Reduce -0.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.58% 30,483 $1.2M No change
ETN Eaton Corp. PLC 0.55% 3,439 $1.1M No change
MDY State Street SPDR S&P Midcap 0.54% 1,988 $1.1M No change
BMY Bristol-Myers Squibb Co. 0.53% 21,388 $1.1M Reduce -0.9%
VTWO Vanguard Russell 2000 ETF 0.53% 12,374 $1.1M No change
BX Blackstone Inc. 0.53% 7,148 $1.1M No change
MCD McDonald's Corp. 0.52% 3,586 $1.1M No change
MS Morgan Stanley 0.48% 9,589 $1000K No change
NKE Nike Inc. Class B 0.48% 11,285 $998K Reduce -1.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.48% 4,501 $995K No change
JNJ Johnson & Johnson 0.47% 6,092 $987K No change
BRK.B Berkshire Hathaway Inc. Class B 0.45% 2,028 $933K No change
PFE Pfizer Inc. 0.45% 32,251 $933K Add +0.0%
IWM iShares Russell 2000 ETF 0.44% 4,160 $919K Reduce -5.2%
TPH Tri Pointe Homes Inc. 0.44% 20,100 $911K No change
PEP Pepsico Inc. 0.44% 5,352 $910K Reduce -1.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.42% 9,162 $881K Add +35.0%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.41% 15,720 $863K Add +11.3%
GILD Gilead Sciences Inc. 0.41% 10,195 $855K Reduce -0.9%
PG The Procter & Gamble Co. 0.41% 4,898 $848K No change
AVES Avantis Emerging Markets Val 0.40% 16,044 $837K Add +23.0%
VZ Verizon Communications Inc. 0.39% 18,145 $815K No change
ACN Accenture PLC Class A 0.39% 2,294 $811K Reduce -2.1%
INTC Intel Corp. 0.39% 34,496 $809K Reduce -2.5%
HELO JPMorgan Hedged Equity ETF 0.39% 13,216 $808K Add +35.3%
CVX Chevron Corp. 0.39% 5,471 $806K No change
CAT Caterpillar Inc. 0.39% 2,055 $804K No change
XLP SS Consumer Staples Sel Sect 0.38% 9,571 $794K Add +1.8%
AMGN Amgen Inc. 0.38% 2,429 $783K No change
WM Waste Management Inc. 0.37% 3,737 $776K No change
BUG Global X Cybersecurity ETF 0.36% 24,125 $747K Add +1.4%
SHY iShares 1-3 Year Treasury Bo 0.35% 8,735 $726K Add +50.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.34% 4,102 $716K Reduce -6.2%
IVW iShares S&P 500 Growth ETF 0.33% 7,200 $689K No change
QUAL iShares MSCI USA Quality Fac 0.33% 3,839 $688K No change
WY Weyerhaeuser Co. 0.32% 19,991 $677K Reduce -1.0%
GLW Corning Inc. 0.32% 14,725 $665K No change
WEN The Wendy's Co. 0.32% 37,695 $660K No change
DFAT Dimensional US Target Value 0.32% 11,816 $657K Add +0.3%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.31% 11,259 $639K No change
VDC Vanguard Consumer Staple ETF 0.30% 2,855 $624K No change
WPM Wheaton Precious Metals Corp. 0.30% 10,126 $618K Add +0.0%
LOW Lowe's Cos Inc. 0.30% 2,278 $617K Add +0.1%
BA The Boeing Co. 0.29% 4,032 $613K Reduce -5.8%
VNQ Vanguard Real Estate ETF 0.29% 6,282 $612K Add +0.1%
UPS United Parcel Service Class B 0.29% 4,404 $600K Add +26.8%
TXN Texas Instruments Inc. 0.28% 2,849 $588K Add +0.0%
IWD iShares Russell 1000 Value E 0.27% 3,015 $572K Reduce -25.5%
LMT Lockheed Martin Corp. 0.27% 977 $571K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.27% 975 $559K Add +36.4%
CMG Chipotle Mexican Grill Inc. 0.26% 9,450 $545K Add +4.4%
BDX Becton Dickinson and Co. 0.26% 2,238 $540K No change
CSX CSX Corp. 0.25% 14,946 $516K No change
ACIO Aptus Collared Invest Opp 0.24% 12,810 $509K New
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.24% 9,980 $508K Add +49.4%
GLD SPDR Gold Shares 0.24% 2,070 $503K Add +6.2%
ABT Abbott Laboratories 0.24% 4,400 $502K No change
PSEP Innovator U.S. Equity Power 0.24% 12,954 $499K No change
IJH iShares Core S&P Midcap ETF 0.24% 7,928 $494K Add +2.3%
CSCO Cisco Systems Inc. 0.24% 9,256 $493K Reduce -2.1%
WMT Walmart Inc. 0.23% 5,992 $484K No change
DUK Duke Energy Corp. 0.22% 4,029 $465K No change
VIS Vanguard Industrials ETF 0.22% 1,755 $456K Reduce -2.8%
IWS iShares Russell Mid-Cap Valu 0.22% 3,400 $450K No change
GM General Motors Co. 0.21% 9,860 $442K No change
MUB iShares National Muni Bond E 0.21% 4,039 $439K No change
DFUV Dimensional US Marketwide Va 0.21% 10,465 $436K No change
IJR iShares Core S&P Small-Cap E 0.21% 3,687 $431K Reduce -8.6%
XNXJX Nuveen NJ QLTY Muni Inc. 0.21% 32,773 $427K Reduce -9.1%
FELC Fidelity Enh LRG Cap Cor ETF 0.20% 13,249 $425K Add +0.2%
IJK iShares S&P Mid-Cap 400 Grow 0.20% 4,578 $421K Reduce -3.2%
DXJ Wisdomtree Japan Hedged Eq 0.20% 3,965 $420K Add +0.0%
XLV SS Health Care Select Sector 0.20% 2,683 $413K No change
IWR iShares Russell Mid-Cap ETF 0.19% 4,552 $401K No change
T AT&T Inc. 0.19% 18,017 $396K Reduce -0.5%
META Meta Platforms Inc. Class A 0.19% 691 $396K No change
FBND Fidelity Total Bond ETF 0.19% 8,402 $393K New
MOO Vaneck Agribusiness ETF 0.19% 5,126 $387K No change
COST Costco Wholesale Corp. 0.18% 433 $384K No change
KNG FT Vest S&P 500 DVD Arst TRG 0.18% 6,985 $381K Add +6.1%
XBI SS SPDR S&P Biotech ETF 0.18% 3,766 $372K No change
CACI Caci International Inc. Class A 0.17% 700 $353K No change
OMFL Invesco Russell 1000 DYN M/F 0.17% 6,600 $350K No change
GBTC Grayscale Bitcoin Trust ETF 0.17% 6,923 $350K No change
VIG Vanguard Dividend Apprec ETF 0.17% 1,761 $349K No change
SPHD Invesco S&P 500 High Dividen 0.16% 6,700 $339K No change
MU Micron Technology Inc. 0.16% 3,250 $337K No change
MDLZ Mondelez International Inc. Class A 0.15% 4,253 $313K Add +0.1%
PEG Public Service Enterprise GP 0.15% 3,491 $311K No change
TMO Thermo Fisher Scientific Inc. 0.15% 495 $306K No change
GS Goldman Sachs Group Inc. 0.14% 605 $300K No change
KO The Coca-Cola Co. 0.14% 4,141 $298K No change
DFEV Dimensional Emrg MRKT Val 0.14% 10,400 $296K New
KMB Kimberly-Clark Corp. 0.14% 2,034 $289K No change
UNP Union Pacific Corp. 0.14% 1,165 $287K Reduce -4.1%
PYPL PayPal Holdings Inc. 0.14% 3,663 $286K Reduce -1.4%
CGW Invesco S&P Global Water Ind 0.14% 4,659 $285K No change
AVDV Avantis Intl S/C Value ETF 0.13% 3,955 $280K New
AVGO Broadcom Inc. 0.13% 1,580 $273K No change
IBB iShares Biotechnology ETF 0.13% 1,865 $272K No change
VXF Vanguard Extended Market ETF 0.13% 1,487 $271K No change
URI United Rentals Inc. 0.13% 329 $266K No change
DHR Danaher Corp. 0.13% 954 $265K No change
XLE SS Energy Select Sector 0.13% 2,985 $262K Reduce -6.3%
USMV iShares MSCI USA Min Vol Fac 0.12% 2,727 $249K No change
CVS CVS Health Corp. 0.12% 3,949 $248K Reduce -3.3%
PANW Palo Alto Networks Inc. 0.12% 716 $245K No change
FCTE Smi 3FOURTEEN Full-CYCL TRND 0.11% 8,400 $233K New
ADP Automatic Data Processing 0.11% 841 $233K Add +0.4%
BSV Vanguard Short-Term Bond ETF 0.11% 2,918 $230K No change
IP International Paper Co. 0.11% 4,600 $225K New
ABNB Airbnb Inc. Class A 0.10% 1,700 $216K Reduce -5.6%
PGR Progressive Corp. 0.10% 840 $213K New
XLB SS Materials Select Sector 0.10% 2,140 $206K New
PAVE Global X US Infrastructure 0.10% 5,006 $206K New
VGT Vanguard Info Tech ETF 0.10% 350 $205K No change
DE Deere & Co. 0.10% 489 $204K New
CL Colgate-Palmolive Co. 0.10% 1,956 $203K New
MTUM iShares MSCI USA Momentum Fa 0.10% 1,000 $203K Reduce -9.1%
GE General Electric filed as GE AEROSPACE 0.10% 1,064 $201K New
KRP Kimbell Royalty Partners LP 0.09% 11,750 $189K Reduce -0.7%
DSL Doubleline Income Solutions 0.09% 14,430 $187K Reduce -6.5%
VKQ Invesco Municipal Trust 0.06% 11,476 $118K No change
BGS B&G Foods Inc. 0.05% 12,237 $109K Reduce -4.7%

Portfolio Sells Q2 2024 → Q3 2024
RTX RTX Corp. Sold out 0.00% −0.38
GOOGL Alphabet Inc. Class A Reduce -0.3% 1.38% −0.28
QCOM Qualcomm Inc. Reduce -1.1% 0.73% −0.21
INTC Intel Corp. Reduce -2.5% 0.39% −0.19
BA The Boeing Co. Reduce -5.8% 0.29% −0.11
JPM JPMorgan Chase & Co. Reduce -0.0% 2.30% −0.11
DOW Dow Inc. Sold out 0.00% −0.11
NJR New Jersey Resources Corp. Sold out 0.00% −0.11
IWD iShares Russell 1000 Value E Reduce -25.5% 0.27% −0.10
F Ford Motor Co. Sold out 0.00% −0.08
SIRI Sirius XM Holdings Inc. Sold out 0.00% −0.08
HON Honeywell International Inc. Reduce -0.4% 0.58% −0.08
XLK SS Technology Select Sector Reduce -1.8% 0.59% −0.07
BDJ BlackRock Enhanced Eqty DVD Sold out 0.00% −0.04
ABNB Airbnb Inc. Class A Reduce -5.6% 0.10% −0.04
PEP Pepsico Inc. Reduce -1.8% 0.44% −0.03
FLG New York Community Bancorp Sold out 0.00% −0.03
XLE SS Energy Select Sector Reduce -6.3% 0.13% −0.03
IWM iShares Russell 2000 ETF Reduce -5.2% 0.44% −0.03
XNXJX Nuveen NJ QLTY Muni Inc. Reduce -9.1% 0.21% −0.03
VTV Vanguard Mrngstr Val ETF-Aui Reduce -6.2% 0.34% −0.02
IEFA iShares Core MSCI Eafe ETF Reduce -2.2% 0.59% −0.02
VTI VG Morningstar TS MKT ETF-US Reduce -0.1% 0.65% −0.02
IJR iShares Core S&P Small-Cap E Reduce -8.6% 0.21% −0.02
IJK iShares S&P Mid-Cap 400 Grow Reduce -3.2% 0.20% −0.02
HDV iShares Core High Dividend E Reduce -1.1% 0.76% −0.02
MTUM iShares MSCI USA Momentum Fa Reduce -9.1% 0.10% −0.02
DSL Doubleline Income Solutions Reduce -6.5% 0.09% −0.01
KRP Kimbell Royalty Partners LP Reduce -0.7% 0.09% −0.01
CVS CVS Health Corp. Reduce -3.3% 0.12% −0.01
UNP Union Pacific Corp. Reduce -4.1% 0.14% −0.01
VIS Vanguard Industrials ETF Reduce -2.8% 0.22% −0.00
BGS B&G Foods Inc. Reduce -4.7% 0.05% −0.00
CSCO Cisco Systems Inc. Reduce -2.1% 0.24% +0.00
T AT&T Inc. Reduce -0.5% 0.19% +0.01
AAPL Apple Inc. Reduce -0.8% 4.10% +0.02
ACN Accenture PLC Class A Reduce -2.1% 0.39% +0.02
PYPL PayPal Holdings Inc. Reduce -1.4% 0.14% +0.02
WY Weyerhaeuser Co. Reduce -1.0% 0.32% +0.02
NKE Nike Inc. Class B Reduce -1.7% 0.48% +0.02
GILD Gilead Sciences Inc. Reduce -0.9% 0.41% +0.04
BMY Bristol-Myers Squibb Co. Reduce -0.9% 0.53% +0.06
INFL Horizon Kinetics Infl Benef Reduce -0.1% 1.38% +0.07
NEE Nextera Energy Inc. Reduce -0.2% 0.85% +0.07

Portfolio Buys Q2 2024 → Q3 2024
MMM 3M Co. Add +117.3% 0.83% +0.52
TPL Texas Pacific Land Corp. Add +0.0% 4.30% +0.40
TCAF T Rowe PRC Cap Appreciation Add +34.0% 1.69% +0.39
SCHD Schwab US DVD Equity ETF Add +12.8% 2.89% +0.31
ACIO Aptus Collared Invest Opp New 0.24% +0.24
FBND Fidelity Total Bond ETF New 0.19% +0.19
VUG Vanguard Mrngstar GR ETF-Sui Add +13.2% 2.51% +0.15
DFEV Dimensional Emrg MRKT Val New 0.14% +0.14
AVUV Avantis US Small Cap Value Add +7.0% 3.00% +0.14
AVDV Avantis Intl S/C Value ETF New 0.13% +0.13
FCTE Smi 3FOURTEEN Full-CYCL TRND New 0.11% +0.11
IP International Paper Co. New 0.11% +0.11
IVV iShares Core S&P 500 ETF Add +23.1% 0.67% +0.11
PGR Progressive Corp. New 0.10% +0.10
SHY iShares 1-3 Year Treasury Bo Add +50.2% 0.35% +0.10
XLB SS Materials Select Sector New 0.10% +0.10
PAVE Global X US Infrastructure New 0.10% +0.10
DE Deere & Co. New 0.10% +0.10
CL Colgate-Palmolive Co. New 0.10% +0.10
GE General Electric New 0.10% +0.10
HELO JPMorgan Hedged Equity ETF Add +35.3% 0.39% +0.09
XLU St Sr Utl SL SE SPDR ETF-Usd Add +1.3% 0.82% +0.07
DIS The Walt Disney Co. Add +35.0% 0.42% +0.07
AVES Avantis Emerging Markets Val Add +23.0% 0.40% +0.07
JMST JPM Ultra-Short Muni Income Add +49.4% 0.24% +0.07
SPY SS SPDR S&P 500 ETF Trust-US Add +36.4% 0.27% +0.06
GDX Vaneck Gold Miners ETF Add +0.4% 0.80% +0.06
UPS United Parcel Service Class B Add +26.8% 0.29% +0.04
LOW Lowe's Cos Inc. Add +0.1% 0.30% +0.03
GLD SPDR Gold Shares Add +6.2% 0.24% +0.02
WPM Wheaton Precious Metals Corp. Add +0.0% 0.30% +0.02
VNQ Vanguard Real Estate ETF Add +0.1% 0.29% +0.02
KNG FT Vest S&P 500 DVD Arst TRG Add +6.1% 0.18% +0.01
ADP Automatic Data Processing Add +0.4% 0.11% +0.01
VIGI Vanguard Int Div App Indx FD Add +0.9% 2.24% +0.01
MDLZ Mondelez International Inc. Class A Add +0.1% 0.15% +0.00
JEPQ JPM Nasdaq Equity Premium Add +11.3% 0.41% +0.00
XLP SS Consumer Staples Sel Sect Add +1.8% 0.38% +0.00
IJH iShares Core S&P Midcap ETF Add +2.3% 0.24% −0.00
RSP Invesco S&P 500 Equal Weight Add +0.1% 0.94% −0.00
DFAT Dimensional US Target Value Add +0.3% 0.32% −0.01
FELC Fidelity Enh LRG Cap Cor ETF Add +0.2% 0.20% −0.01
TXN Texas Instruments Inc. Add +0.0% 0.28% −0.01
BUG Global X Cybersecurity ETF Add +1.4% 0.36% −0.01
JEPI JPMorgan Equity Premium Inco Add +3.6% 3.40% −0.02
COWZ Pacer US Cash Cows 100 ETF Add +0.9% 1.07% −0.02
PFE Pfizer Inc. Add +0.0% 0.45% −0.03
DXJ Wisdomtree Japan Hedged Eq Add +0.0% 0.20% −0.03
CMG Chipotle Mexican Grill Inc. Add +4.4% 0.26% −0.04
TLTW iShares 20+ Bond Buywrite Add +0.1% 1.20% −0.05

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