NCM Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), NCM Capital Management, LLC reported 171 stock positions worth $222.4 million. Its top holding was Nvidia (NVDA) at 7.1% of the portfolio, followed by Texas Pacific Land (TPL, 6.0%) and Amplify CWP Enhan Divid ETF (DIVO, 5.3%). Compared with Q4 2024, it opened 6 new positions, sold out of 5, added to 53 and reduced 44. The biggest buy was JPM Ultra-Short Muni Income (JMST, shares +143%) and the biggest sale Apple (AAPL, shares −20%).
- Most Recent 13F
- Q2 2026
- Location
- RAMSEY, NJ
- CIK
- 0001907054
- Portfolio Value
- $222.4M (Q1 2025)
- SEC Filing
- 0001907054-25-000002 ↗ filed May 14, 2025
Holdings Value
Holdings 171 stocks · $222.4M
| NVDA Nvidia Corp. | 7.08% | 145,344 | $15.8M | Add +2.6% |
| TPL Texas Pacific Land Corp. | 5.99% | 10,053 | $13.3M | Reduce -0.8% |
| DIVO Amplify CWP Enhan Divid ETF | 5.28% | 287,824 | $11.7M | Add +0.8% |
| JEPI JPMorgan Equity Premium Inco | 3.50% | 136,307 | $7.8M | Add +8.8% |
| SCHD Schwab US DVD Equity ETF | 3.01% | 239,114 | $6.7M | Add +4.1% |
| MSFT Microsoft Corp. | 2.96% | 17,546 | $6.6M | Add +2.1% |
| AAPL Apple Inc. | 2.95% | 29,531 | $6.6M | Reduce -20.0% |
| AVUV Avantis US Small Cap Value | 2.70% | 68,942 | $6.0M | Add +2.5% |
| JPM JPMorgan Chase & Co. | 2.50% | 22,659 | $5.6M | Reduce -0.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.43% | 14,596 | $5.4M | Add +4.3% |
| TCAF T Rowe PRC Cap Appreciation | 2.18% | 149,902 | $4.8M | Add +16.6% |
| VIGI Vanguard Int Div App Indx FD | 1.99% | 53,392 | $4.4M | Add +1.1% |
| INFL Horizon Kinetics Infl Benef | 1.70% | 92,963 | $3.8M | Add +8.8% |
| GOOGL Alphabet Inc. Class A | 1.41% | 20,311 | $3.1M | Add +2.3% |
| LLY Eli Lilly & Co. | 1.10% | 2,971 | $2.5M | Add +6.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.09% | 8,846 | $2.4M | No change |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 1.03% | 44,915 | $2.3M | Add +143.1% |
| COWZ Pacer US Cash Cows 100 ETF | 1.00% | 40,578 | $2.2M | Add +1.4% |
| XOM Exxon Mobil Corp. | 0.99% | 18,539 | $2.2M | Reduce -2.1% |
| VHT Vanguard Health Care ETF | 0.99% | 8,280 | $2.2M | No change |
| MMM 3M Co. | 0.96% | 14,605 | $2.1M | Reduce -3.1% |
| HD Home Depot Inc. | 0.86% | 5,208 | $1.9M | No change |
| GDX Vaneck Gold Miners ETF | 0.85% | 41,057 | $1.9M | Reduce -0.5% |
| RSP Invesco S&P 500 Equal Weight | 0.82% | 10,550 | $1.8M | Reduce -3.6% |
| DVY iShares Select Dividend ETF | 0.80% | 13,168 | $1.8M | Add +0.4% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.79% | 22,152 | $1.7M | Add +4.7% |
| ACIO Aptus Collared Invest Opp | 0.77% | 44,060 | $1.7M | Add +26.9% |
| MRK Merck & Co. Inc. | 0.75% | 18,591 | $1.7M | No change |
| HDV iShares Core High Dividend E | 0.73% | 13,398 | $1.6M | Add +0.0% |
| ABBV Abbvie Inc. | 0.73% | 7,698 | $1.6M | No change |
| AMZN Amazon.com Inc. | 0.72% | 8,474 | $1.6M | Add +4.8% |
| FBND Fidelity Total Bond ETF | 0.68% | 33,261 | $1.5M | Add +295.4% |
| TLTW iShares 20+ Bond Buywrite | 0.67% | 62,070 | $1.5M | Reduce -32.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.66% | 5,920 | $1.5M | Add +2.0% |
| NEE Nextera Energy Inc. | 0.66% | 20,731 | $1.5M | Reduce -1.1% |
| IYW iShares Ustechnology ETF | 0.65% | 10,224 | $1.4M | Add +9.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.63% | 2,979 | $1.4M | No change |
| QCOM Qualcomm Inc. | 0.61% | 8,892 | $1.4M | No change |
| VLUE iShares MSCI USA Value Facto | 0.61% | 12,718 | $1.4M | Reduce -0.8% |
| ETN Eaton Corp. PLC | 0.61% | 4,960 | $1.3M | Add +39.8% |
| IVV iShares Core S&P 500 ETF | 0.60% | 2,363 | $1.3M | Reduce -0.9% |
| BMY Bristol-Myers Squibb Co. | 0.58% | 21,326 | $1.3M | Reduce -1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.57% | 30,483 | $1.3M | No change |
| HON Honeywell International Inc. | 0.56% | 5,879 | $1.2M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.55% | 7,201 | $1.2M | Add +1.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.54% | 15,925 | $1.2M | No change |
| DGRO iShares Core Dividend Growth | 0.54% | 19,360 | $1.2M | Reduce -3.8% |
| GILD Gilead Sciences Inc. | 0.51% | 10,145 | $1.1M | Add +0.0% |
| IJH iShares Core S&P Midcap ETF | 0.51% | 19,339 | $1.1M | No change |
| XLK SS Technology Select Sector | 0.50% | 5,426 | $1.1M | No change |
| MCD McDonald's Corp. | 0.50% | 3,582 | $1.1M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.49% | 2,028 | $1.1M | No change |
| MDY State Street SPDR S&P Midcap | 0.48% | 1,988 | $1.1M | No change |
| MS Morgan Stanley | 0.48% | 9,089 | $1.1M | Reduce -5.2% |
| CVX Chevron Corp. | 0.47% | 6,250 | $1.0M | No change |
| TSLA Tesla Inc. | 0.47% | 4,018 | $1.0M | New |
| JNJ Johnson & Johnson | 0.45% | 6,093 | $1.0M | No change |
| VTWO Vanguard Russell 2000 ETF | 0.45% | 12,374 | $998K | No change |
| RTX RTX Corp. | 0.43% | 7,266 | $962K | Add +0.0% |
| PEP Pepsico Inc. | 0.43% | 6,324 | $948K | Add +18.2% |
| BX Blackstone Inc. | 0.42% | 6,748 | $943K | Reduce -4.9% |
| BUG Global X Cybersecurity ETF | 0.42% | 28,864 | $933K | Add +15.6% |
| VYM Vanguard High DVD Yield ETF | 0.41% | 7,156 | $923K | No change |
| HELO JPMorgan Hedged Equity ETF | 0.41% | 15,349 | $916K | Add +14.8% |
| AMD Advanced Micro Devices | 0.40% | 8,654 | $889K | No change |
| WM Waste Management Inc. | 0.39% | 3,737 | $865K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.39% | 8,710 | $860K | Reduce -4.7% |
| XLP SS Consumer Staples Sel Sect | 0.38% | 10,239 | $836K | Add +7.0% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.37% | 16,052 | $831K | Add +2.1% |
| VZ Verizon Communications Inc. | 0.37% | 18,290 | $830K | Reduce -0.5% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.36% | 11,259 | $801K | No change |
| AVES Avantis Emerging Markets Val | 0.36% | 16,776 | $791K | Add +3.8% |
| PFE Pfizer Inc. | 0.35% | 31,061 | $787K | Reduce -0.6% |
| WPM Wheaton Precious Metals Corp. | 0.35% | 10,127 | $786K | No change |
| IWM iShares Russell 2000 ETF | 0.35% | 3,920 | $782K | Reduce -5.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.33% | 8,966 | $742K | Add +0.0% |
| INTC Intel Corp. | 0.33% | 32,510 | $738K | Reduce -4.3% |
| AMGN Amgen Inc. | 0.33% | 2,347 | $731K | Reduce -3.7% |
| LMT Lockheed Martin Corp. | 0.32% | 1,606 | $717K | Add +25.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.31% | 3,952 | $683K | Reduce -1.3% |
| GLW Corning Inc. | 0.30% | 14,725 | $674K | No change |
| CAT Caterpillar Inc. | 0.30% | 2,030 | $669K | Reduce -1.2% |
| IVW iShares S&P 500 Growth ETF | 0.30% | 7,200 | $668K | No change |
| CVS CVS Health Corp. | 0.30% | 9,825 | $666K | Reduce -12.5% |
| QUAL iShares MSCI USA Quality Fac | 0.29% | 3,839 | $656K | No change |
| WMT Walmart Inc. | 0.29% | 7,473 | $656K | Add +24.7% |
| TPH Tri Pointe Homes Inc. | 0.29% | 20,100 | $642K | No change |
| NKE Nike Inc. Class B | 0.29% | 10,018 | $636K | Reduce -3.8% |
| BA The Boeing Co. | 0.28% | 3,684 | $628K | Reduce -3.5% |
| VDC Vanguard Consumer Staple ETF | 0.28% | 2,855 | $625K | No change |
| ACN Accenture PLC Class A | 0.28% | 1,967 | $614K | Reduce -7.1% |
| DFAT Dimensional US Target Value | 0.27% | 11,837 | $610K | Add +0.2% |
| FCTE Smi 3FOURTEEN Full-CYCL TRND | 0.26% | 23,250 | $584K | Reduce -4.1% |
| ABT Abbott Laboratories | 0.26% | 4,400 | $584K | No change |
| WY Weyerhaeuser Co. | 0.26% | 19,691 | $577K | No change |
| VNQ Vanguard Real Estate ETF | 0.26% | 6,300 | $570K | Add +0.1% |
| GLD SPDR Gold Shares | 0.26% | 1,970 | $568K | No change |
| VOO Vanguard S&P 500 ETF | 0.25% | 1,094 | $562K | No change |
| IWD iShares Russell 1000 Value E | 0.25% | 2,964 | $558K | Reduce -1.7% |
| WEN The Wendy's Co. | 0.25% | 37,695 | $551K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -20.0% | 2.95% | −1.22 |
| TLTW iShares 20+ Bond Buywrite | Reduce -32.7% | 0.67% | −0.31 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.17 |
| BX Blackstone Inc. | Reduce -4.9% | 0.42% | −0.13 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.10 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.10 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.10 |
| PAVE Global X US Infrastructure | Sold out | 0.00% | −0.09 |
| BND Vanguard Total Bond Market | Reduce -35.4% | 0.14% | −0.07 |
| DIS The Walt Disney Co. | Reduce -4.7% | 0.39% | −0.07 |
| NKE Nike Inc. Class B | Reduce -3.8% | 0.29% | −0.07 |
| MS Morgan Stanley | Reduce -5.2% | 0.48% | −0.07 |
| IWM iShares Russell 2000 ETF | Reduce -5.8% | 0.35% | −0.06 |
| ACN Accenture PLC Class A | Reduce -7.1% | 0.28% | −0.06 |
| CMG Chipotle Mexican Grill Inc. | Reduce -0.5% | 0.21% | −0.04 |
| UPS United Parcel Service Class B | Reduce -5.5% | 0.21% | −0.04 |
| RSP Invesco S&P 500 Equal Weight | Reduce -3.6% | 0.82% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -0.9% | 0.60% | −0.04 |
| CAT Caterpillar Inc. | Reduce -1.2% | 0.30% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -0.0% | 0.10% | −0.03 |
| BA The Boeing Co. | Reduce -3.5% | 0.28% | −0.02 |
| FCTE Smi 3FOURTEEN Full-CYCL TRND | Reduce -4.1% | 0.26% | −0.02 |
| PFE Pfizer Inc. | Reduce -0.6% | 0.35% | −0.02 |
| DGRO iShares Core Dividend Growth | Reduce -3.8% | 0.54% | −0.02 |
| XBI SS SPDR S&P Biotech ETF | Reduce -1.3% | 0.14% | −0.02 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Reduce -6.8% | 0.15% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -1.1% | 0.66% | −0.02 |
| VXF Vanguard Extended Market ETF | Reduce -3.3% | 0.12% | −0.02 |
| OMFL Invesco Russell 1000 DYN M/F | Reduce -4.5% | 0.15% | −0.01 |
| DSL Doubleline Income Solutions | Reduce -8.1% | 0.07% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -4.4% | 0.24% | −0.00 |
| IWD iShares Russell 1000 Value E | Reduce -1.7% | 0.25% | −0.00 |
| VLUE iShares MSCI USA Value Facto | Reduce -0.8% | 0.61% | 0.00 |
| SPHD Invesco S&P 500 High Dividen | Reduce -3.0% | 0.15% | +0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.3% | 0.31% | +0.00 |
| MOO Vaneck Agribusiness ETF | Reduce -2.4% | 0.15% | +0.00 |
| XLE SS Energy Select Sector | Reduce -3.3% | 0.12% | +0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -5.6% | 0.15% | +0.01 |
| DUK Duke Energy Corp. | Reduce -4.9% | 0.21% | +0.01 |
| INTC Intel Corp. | Reduce -4.3% | 0.33% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.4% | 0.58% | +0.03 |
| JPM JPMorgan Chase & Co. | Reduce -0.6% | 2.50% | +0.04 |
| VZ Verizon Communications Inc. | Reduce -0.5% | 0.37% | +0.04 |
| AMGN Amgen Inc. | Reduce -3.7% | 0.33% | +0.04 |
| CVS CVS Health Corp. | Reduce -12.5% | 0.30% | +0.07 |
| XOM Exxon Mobil Corp. | Reduce -2.1% | 0.99% | +0.07 |
| MMM 3M Co. | Reduce -3.1% | 0.96% | +0.09 |
| GDX Vaneck Gold Miners ETF | Reduce -0.5% | 0.85% | +0.22 |
| TPL Texas Pacific Land Corp. | Reduce -0.8% | 5.99% | +0.94 |
Portfolio Buys Q4 2024 → Q1 2025
| JMST JPM Ultra-Short Muni Income | Add +143.1% | 1.03% | +0.60 |
| FBND Fidelity Total Bond ETF | Add +295.4% | 0.68% | +0.51 |
| TSLA Tesla Inc. | New | 0.47% | +0.47 |
| JEPI JPMorgan Equity Premium Inco | Add +8.8% | 3.50% | +0.26 |
| TCAF T Rowe PRC Cap Appreciation | Add +16.6% | 2.18% | +0.25 |
| INFL Horizon Kinetics Infl Benef | Add +8.8% | 1.70% | +0.23 |
| SCHD Schwab US DVD Equity ETF | Add +4.1% | 3.01% | +0.18 |
| ACIO Aptus Collared Invest Opp | Add +26.9% | 0.77% | +0.14 |
| LLY Eli Lilly & Co. | Add +6.6% | 1.10% | +0.13 |
| V Visa Inc. Class A | New | 0.10% | +0.10 |
| GILD Gilead Sciences Inc. | Add +0.0% | 0.51% | +0.09 |
| VIGI Vanguard Int Div App Indx FD | Add +1.1% | 1.99% | +0.09 |
| IBM Intl Business Machines Corp. | Add +2.0% | 0.66% | +0.09 |
| ETN Eaton Corp. PLC | Add +39.8% | 0.61% | +0.08 |
| KRP Kimbell Royalty Partners LP | New | 0.07% | +0.07 |
| DIVO Amplify CWP Enhan Divid ETF | Add +0.8% | 5.28% | +0.07 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +4.7% | 0.79% | +0.06 |
| PEP Pepsico Inc. | Add +18.2% | 0.43% | +0.06 |
| BUG Global X Cybersecurity ETF | Add +15.6% | 0.42% | +0.06 |
| RTX RTX Corp. | Add +0.0% | 0.43% | +0.05 |
| HDV iShares Core High Dividend E | Add +0.0% | 0.73% | +0.05 |
| WMT Walmart Inc. | Add +24.7% | 0.29% | +0.05 |
| VKQ Invesco Municipal Trust | New | 0.05% | +0.05 |
| LMT Lockheed Martin Corp. | Add +25.8% | 0.32% | +0.04 |
| DBRG Digitalbridge Group Inc. | New | 0.04% | +0.04 |
| HELO JPMorgan Hedged Equity ETF | Add +14.8% | 0.41% | +0.04 |
| XLP SS Consumer Staples Sel Sect | Add +7.0% | 0.38% | +0.04 |
| MCD McDonald's Corp. | Add +0.1% | 0.50% | +0.04 |
| BGS B&G Foods Inc. | New | 0.04% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +34.1% | 0.15% | +0.03 |
| KNG FT Vest S&P 500 DVD Arst TRG | Add +15.2% | 0.22% | +0.03 |
| AVDV Avantis Intl S/C Value ETF | Add +12.4% | 0.16% | +0.03 |
| GE General Electric | Add +5.8% | 0.12% | +0.02 |
| AVES Avantis Emerging Markets Val | Add +3.8% | 0.36% | +0.02 |
| DVY iShares Select Dividend ETF | Add +0.4% | 0.80% | +0.02 |
| JPST JPMorgan Ultra-Short Income | Add +17.6% | 0.12% | +0.02 |
| PG The Procter & Gamble Co. | Add +1.8% | 0.55% | +0.02 |
| KMB Kimberly-Clark Corp. | Add +4.9% | 0.14% | +0.02 |
| DFEV Dimensional Emrg MRKT Val | Add +2.5% | 0.15% | +0.01 |
| ADP Automatic Data Processing | Add +0.4% | 0.11% | +0.00 |
| VNQ Vanguard Real Estate ETF | Add +0.1% | 0.26% | +0.00 |
| SHY iShares 1-3 Year Treasury Bo | Add +0.0% | 0.33% | +0.00 |
| F Ford Motor Co. | Add +1.8% | 0.05% | +0.00 |
| MUB iShares National Muni Bond E | Add +0.5% | 0.19% | −0.00 |
| FELC Fidelity Enh LRG Cap Cor ETF | Add +0.3% | 0.19% | −0.01 |
| TXN Texas Instruments Inc. | Add +0.0% | 0.23% | −0.01 |
| LOW Lowe's Cos Inc. | Add +0.1% | 0.24% | −0.01 |
| COWZ Pacer US Cash Cows 100 ETF | Add +1.4% | 1.00% | −0.02 |
| DFAT Dimensional US Target Value | Add +0.2% | 0.27% | −0.02 |
| JEPQ JPM Nasdaq Equity Premium | Add +2.1% | 0.37% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 194 | $324.5M | NVDA, TPL, DIVO, TCAF, AVUV |
| Q1 2026 | 185 | $279.3M | NVDA, TPL, DIVO, AVUV, JEPI |
| Q4 2025 | 175 | $269.6M | NVDA, DIVO, TPL, TCAF, JEPI |
| Q3 2025 | 183 | $257.8M | NVDA, DIVO, TPL, MSFT, JEPI |
| Q2 2025 | 177 | $243.6M | NVDA, DIVO, TPL, MSFT, JEPI |
| Q1 2025 | 171 | $222.4M | NVDA, TPL, DIVO, JEPI, SCHD |
| Q4 2024 | 170 | $221.9M | NVDA, DIVO, TPL, AAPL, MSFT |
| Q3 2024 | 165 | $208.4M | NVDA, DIVO, TPL, AAPL, MSFT |
| Q2 2024 | 160 | $190.7M | NVDA, DIVO, AAPL, MSFT, TPL |
| Q1 2024 | 159 | $178.5M | NVDA, DIVO, MSFT, JEPI, AAPL |