NCM Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), NCM Capital Management, LLC reported 177 stock positions worth $243.6 million. Its top holding was Nvidia (NVDA) at 8.9% of the portfolio, followed by Amplify CWP Enhan Divid ETF (DIVO, 5.2%) and Texas Pacific Land (TPL, 4.4%). Compared with Q1 2025, it opened 10 new positions, sold out of 4, added to 74 and reduced 41. The biggest buy was Vanguard Mrngstar GR ETF-Sui (VUG, shares +6%) and the biggest sale an exit from Tesla (TSLA).
- Most Recent 13F
- Q2 2026
- Location
- RAMSEY, NJ
- CIK
- 0001907054
- Portfolio Value
- $243.6M (Q2 2025)
- SEC Filing
- 0001907054-25-000005 ↗ filed Aug 14, 2025
Holdings Value
Holdings 177 stocks · $243.6M
| NVDA Nvidia Corp. | 8.93% | 137,620 | $21.7M | Reduce -5.3% |
| DIVO Amplify CWP Enhan Divid ETF | 5.23% | 299,115 | $12.7M | Add +3.9% |
| TPL Texas Pacific Land Corp. | 4.41% | 10,158 | $10.7M | Add +1.0% |
| MSFT Microsoft Corp. | 3.55% | 17,389 | $8.7M | Reduce -0.9% |
| JEPI JPMorgan Equity Premium Inco | 3.27% | 140,080 | $8.0M | Add +2.8% |
| SCHD Schwab US DVD Equity ETF | 2.84% | 260,392 | $6.9M | Add +8.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.80% | 15,518 | $6.8M | Add +6.3% |
| AVUV Avantis US Small Cap Value | 2.77% | 73,770 | $6.7M | Add +7.0% |
| AAPL Apple Inc. | 2.74% | 32,526 | $6.7M | Add +10.1% |
| JPM JPMorgan Chase & Co. | 2.70% | 22,710 | $6.6M | Add +0.2% |
| TCAF T Rowe PRC Cap Appreciation | 2.45% | 169,122 | $6.0M | Add +12.8% |
| VIGI Vanguard Int Div App Indx FD | 1.99% | 53,656 | $4.8M | Add +0.5% |
| INFL Horizon Kinetics Infl Benef | 1.86% | 107,349 | $4.5M | Add +15.5% |
| GOOGL Alphabet Inc. Class A | 1.47% | 20,248 | $3.6M | Reduce -0.3% |
| VTI VG Morningstar TS MKT ETF-US | 1.10% | 8,846 | $2.7M | No change |
| ACIO Aptus Collared Invest Opp | 1.02% | 59,761 | $2.5M | Add +35.6% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 1.02% | 48,690 | $2.5M | Add +8.4% |
| LLY Eli Lilly & Co. | 0.95% | 2,963 | $2.3M | Reduce -0.3% |
| MMM 3M Co. | 0.94% | 15,083 | $2.3M | Add +3.3% |
| COWZ Pacer US Cash Cows 100 ETF | 0.94% | 41,532 | $2.3M | Add +2.4% |
| GDX Vaneck Gold Miners ETF | 0.88% | 41,357 | $2.2M | Add +0.7% |
| VHT Vanguard Health Care ETF | 0.84% | 8,281 | $2.1M | Add +0.0% |
| RSP Invesco S&P 500 Equal Weight | 0.81% | 10,819 | $2.0M | Add +2.5% |
| AMZN Amazon.com Inc. | 0.79% | 8,749 | $1.9M | Add +3.3% |
| HD Home Depot Inc. | 0.79% | 5,219 | $1.9M | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.78% | 17,711 | $1.9M | Reduce -4.5% |
| ETN Eaton Corp. PLC | 0.76% | 5,215 | $1.9M | Add +5.1% |
| IYW iShares Ustechnology ETF | 0.75% | 10,551 | $1.8M | Add +3.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.75% | 22,263 | $1.8M | Add +0.5% |
| IVV iShares Core S&P 500 ETF | 0.73% | 2,861 | $1.8M | Add +21.1% |
| DVY iShares Select Dividend ETF | 0.72% | 13,229 | $1.8M | Add +0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.72% | 5,920 | $1.7M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.68% | 2,993 | $1.7M | Add +0.5% |
| HDV iShares Core High Dividend E | 0.64% | 13,402 | $1.6M | Add +0.0% |
| NEE Nextera Energy Inc. | 0.61% | 21,510 | $1.5M | Add +3.8% |
| VLUE iShares MSCI USA Value Facto | 0.61% | 13,142 | $1.5M | Add +3.3% |
| MRK Merck & Co. Inc. | 0.60% | 18,591 | $1.5M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.59% | 30,498 | $1.4M | Add +0.1% |
| ABBV Abbvie Inc. | 0.59% | 7,698 | $1.4M | No change |
| QCOM Qualcomm Inc. | 0.58% | 8,922 | $1.4M | Add +0.3% |
| TLTW iShares 20+ Bond Buywrite | 0.57% | 60,327 | $1.4M | Reduce -2.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.57% | 16,704 | $1.4M | Add +4.9% |
| XLK SS Technology Select Sector | 0.56% | 5,426 | $1.4M | No change |
| HON Honeywell International Inc. | 0.56% | 5,890 | $1.4M | Add +0.2% |
| MS Morgan Stanley | 0.53% | 9,105 | $1.3M | Add +0.2% |
| HELO JPMorgan Hedged Equity ETF | 0.51% | 20,003 | $1.3M | Add +30.3% |
| DGRO iShares Core Dividend Growth | 0.51% | 19,360 | $1.2M | No change |
| AMD Advanced Micro Devices | 0.49% | 8,492 | $1.2M | Reduce -1.9% |
| IJH iShares Core S&P Midcap ETF | 0.49% | 19,339 | $1.2M | No change |
| PG The Procter & Gamble Co. | 0.47% | 7,217 | $1.1M | Add +0.2% |
| BUG Global X Cybersecurity ETF | 0.47% | 30,826 | $1.1M | Add +6.8% |
| MDY State Street SPDR S&P Midcap | 0.46% | 1,988 | $1.1M | No change |
| GILD Gilead Sciences Inc. | 0.46% | 10,147 | $1.1M | Add +0.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 9,010 | $1.1M | Add +3.4% |
| VTWO Vanguard Russell 2000 ETF | 0.44% | 12,328 | $1.1M | Reduce -0.4% |
| RTX RTX Corp. | 0.44% | 7,302 | $1.1M | Add +0.5% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.43% | 19,299 | $1.1M | Add +20.2% |
| MCD McDonald's Corp. | 0.43% | 3,594 | $1.1M | Add +0.3% |
| BX Blackstone Inc. | 0.41% | 6,748 | $1.0M | No change |
| FBND Fidelity Total Bond ETF | 0.41% | 22,041 | $1.0M | Reduce -33.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 2,028 | $985K | No change |
| BMY Bristol-Myers Squibb Co. | 0.40% | 21,226 | $983K | Reduce -0.5% |
| VYM Vanguard High DVD Yield ETF | 0.39% | 7,156 | $954K | No change |
| AVES Avantis Emerging Markets Val | 0.39% | 17,669 | $946K | Add +5.3% |
| JNJ Johnson & Johnson | 0.38% | 6,070 | $928K | Reduce -0.4% |
| WPM Wheaton Precious Metals Corp. | 0.37% | 10,129 | $910K | Add +0.0% |
| CVX Chevron Corp. | 0.36% | 6,205 | $889K | Reduce -0.7% |
| WM Waste Management Inc. | 0.35% | 3,738 | $855K | Add +0.0% |
| IVW iShares S&P 500 Growth ETF | 0.35% | 7,645 | $844K | Add +6.2% |
| XLP SS Consumer Staples Sel Sect | 0.34% | 10,299 | $834K | Add +0.6% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.34% | 11,259 | $827K | No change |
| PEP Pepsico Inc. | 0.34% | 6,203 | $819K | Reduce -1.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.33% | 9,569 | $793K | Add +6.7% |
| VZ Verizon Communications Inc. | 0.32% | 18,290 | $791K | No change |
| CAT Caterpillar Inc. | 0.32% | 2,030 | $788K | No change |
| GLW Corning Inc. | 0.32% | 14,728 | $775K | Add +0.0% |
| BA The Boeing Co. | 0.32% | 3,684 | $772K | No change |
| PFE Pfizer Inc. | 0.31% | 31,068 | $753K | Add +0.0% |
| LMT Lockheed Martin Corp. | 0.31% | 1,611 | $746K | Add +0.3% |
| WMT Walmart Inc. | 0.30% | 7,597 | $743K | Add +1.7% |
| INTC Intel Corp. | 0.30% | 32,410 | $726K | Reduce -0.3% |
| QUAL iShares MSCI USA Quality Fac | 0.29% | 3,839 | $702K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.28% | 3,927 | $694K | Reduce -0.6% |
| NKE Nike Inc. Class B | 0.28% | 9,768 | $694K | Reduce -2.5% |
| CVS CVS Health Corp. | 0.28% | 9,825 | $678K | No change |
| AMGN Amgen Inc. | 0.27% | 2,358 | $658K | Add +0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 1,050 | $649K | Add +7.7% |
| TPH Tri Pointe Homes Inc. | 0.26% | 20,100 | $642K | No change |
| IWM iShares Russell 2000 ETF | 0.26% | 2,969 | $641K | Reduce -24.3% |
| TCAL T Rowe Pre CPT Apr PR in ETF | 0.26% | 25,843 | $639K | New |
| DFAT Dimensional US Target Value | 0.26% | 11,630 | $628K | Reduce -1.8% |
| VOO Vanguard S&P 500 ETF | 0.26% | 1,105 | $627K | Add +1.0% |
| VDC Vanguard Consumer Staple ETF | 0.26% | 2,855 | $625K | No change |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.25% | 12,564 | $617K | Add +32.5% |
| CSCO Cisco Systems Inc. | 0.25% | 8,807 | $611K | Add +0.6% |
| ABT Abbott Laboratories | 0.25% | 4,400 | $598K | No change |
| FCTE Smi 3FOURTEEN Full-CYCL TRND | 0.25% | 22,450 | $597K | Reduce -3.4% |
| TXN Texas Instruments Inc. | 0.24% | 2,875 | $597K | Add +0.8% |
| GLD SPDR Gold Shares | 0.24% | 1,945 | $593K | Reduce -1.3% |
| GBTC Grayscale Bitcoin Trust ETF | 0.24% | 6,923 | $587K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| TSLA Tesla Inc. | Sold out | 0.00% | −0.47 |
| FBND Fidelity Total Bond ETF | Reduce -33.7% | 0.41% | −0.27 |
| XOM Exxon Mobil Corp. | Reduce -4.5% | 0.78% | −0.21 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.5% | 0.40% | −0.18 |
| LLY Eli Lilly & Co. | Reduce -0.3% | 0.95% | −0.16 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.11 |
| CVX Chevron Corp. | Reduce -0.7% | 0.36% | −0.11 |
| TLTW iShares 20+ Bond Buywrite | Reduce -2.8% | 0.57% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -58.4% | 0.09% | −0.09 |
| PEP Pepsico Inc. | Reduce -1.9% | 0.34% | −0.09 |
| IWM iShares Russell 2000 ETF | Reduce -24.3% | 0.26% | −0.09 |
| WEN The Wendy's Co. | Reduce -5.3% | 0.17% | −0.08 |
| JNJ Johnson & Johnson | Reduce -0.4% | 0.38% | −0.07 |
| KRP Kimbell Royalty Partners LP | Sold out | 0.00% | −0.07 |
| WY Weyerhaeuser Co. | Reduce -2.5% | 0.20% | −0.06 |
| BND Vanguard Total Bond Market | Reduce -28.3% | 0.09% | −0.05 |
| ACN Accenture PLC Class A | Reduce -0.4% | 0.24% | −0.04 |
| BGS B&G Foods Inc. | Sold out | 0.00% | −0.04 |
| INTC Intel Corp. | Reduce -0.3% | 0.30% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -0.4% | 0.21% | −0.03 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Reduce -7.1% | 0.13% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -3.3% | 0.11% | −0.03 |
| XLE SS Energy Select Sector | Reduce -3.4% | 0.10% | −0.02 |
| IWD iShares Russell 1000 Value E | Reduce -3.4% | 0.23% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.6% | 0.28% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -4.0% | 0.13% | −0.02 |
| FCTE Smi 3FOURTEEN Full-CYCL TRND | Reduce -3.4% | 0.25% | −0.02 |
| DFAT Dimensional US Target Value | Reduce -1.8% | 0.26% | −0.02 |
| XBI SS SPDR S&P Biotech ETF | Reduce -2.7% | 0.12% | −0.01 |
| GLD SPDR Gold Shares | Reduce -1.3% | 0.24% | −0.01 |
| DSL Doubleline Income Solutions | Reduce -3.9% | 0.06% | −0.01 |
| DXJ Wisdomtree Japan Hedged Eq | Reduce -0.1% | 0.19% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.4% | 0.16% | −0.01 |
| V Visa Inc. Class A | Reduce -1.1% | 0.09% | −0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -4.5% | 0.16% | −0.01 |
| VTWO Vanguard Russell 2000 ETF | Reduce -0.4% | 0.44% | −0.01 |
| OMFL Invesco Russell 1000 DYN M/F | Reduce -0.8% | 0.15% | −0.00 |
| NKE Nike Inc. Class B | Reduce -2.5% | 0.28% | −0.00 |
| CSX CSX Corp. | Reduce -1.4% | 0.19% | −0.00 |
| CGW Invesco S&P Global Water Ind | Reduce -2.1% | 0.12% | +0.00 |
| PYPL PayPal Holdings Inc. | Reduce -3.4% | 0.10% | +0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -0.3% | 1.47% | +0.05 |
| AMD Advanced Micro Devices | Reduce -1.9% | 0.49% | +0.09 |
| MSFT Microsoft Corp. | Reduce -0.9% | 3.55% | +0.59 |
| NVDA Nvidia Corp. | Reduce -5.3% | 8.93% | +1.85 |
Portfolio Buys Q1 2025 → Q2 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Add +6.3% | 2.80% | +0.37 |
| TCAF T Rowe PRC Cap Appreciation | Add +12.8% | 2.45% | +0.28 |
| TCAL T Rowe Pre CPT Apr PR in ETF | New | 0.26% | +0.26 |
| ACIO Aptus Collared Invest Opp | Add +35.6% | 1.02% | +0.25 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.21% | +0.21 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 2.70% | +0.20 |
| INFL Horizon Kinetics Infl Benef | Add +15.5% | 1.86% | +0.16 |
| ETN Eaton Corp. PLC | Add +5.1% | 0.76% | +0.16 |
| SUB iShares Short-Term National | New | 0.16% | +0.16 |
| IVV iShares Core S&P 500 ETF | Add +21.1% | 0.73% | +0.14 |
| GEV GE Vernova Inc. | New | 0.12% | +0.12 |
| IYW iShares Ustechnology ETF | Add +3.2% | 0.75% | +0.11 |
| GAP The Gap Inc. | New | 0.11% | +0.11 |
| HELO JPMorgan Hedged Equity ETF | Add +30.3% | 0.51% | +0.10 |
| PAVE Global X US Infrastructure | New | 0.09% | +0.09 |
| WFC Wells Fargo & Co. | New | 0.09% | +0.09 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.09% | +0.09 |
| EFA iShares MSCI Eafe ETF | New | 0.08% | +0.08 |
| XLI SS Industrial Select Sector | New | 0.08% | +0.08 |
| DIS The Walt Disney Co. | Add +3.4% | 0.46% | +0.07 |
| AVUV Avantis US Small Cap Value | Add +7.0% | 2.77% | +0.06 |
| AMZN Amazon.com Inc. | Add +3.3% | 0.79% | +0.06 |
| JEPQ JPM Nasdaq Equity Premium | Add +20.2% | 0.43% | +0.06 |
| SPHD Invesco S&P 500 High Dividen | Add +57.1% | 0.20% | +0.05 |
| MS Morgan Stanley | Add +0.2% | 0.53% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.5% | 0.68% | +0.05 |
| BUG Global X Cybersecurity ETF | Add +6.8% | 0.47% | +0.05 |
| IVW iShares S&P 500 Growth ETF | Add +6.2% | 0.35% | +0.05 |
| KNG FT Vest S&P 500 DVD Arst TRG | Add +32.5% | 0.25% | +0.04 |
| GDX Vaneck Gold Miners ETF | Add +0.7% | 0.88% | +0.04 |
| AVES Avantis Emerging Markets Val | Add +5.3% | 0.39% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | Add +4.9% | 0.57% | +0.03 |
| AVDV Avantis Intl S/C Value ETF | Add +10.6% | 0.19% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.7% | 0.27% | +0.02 |
| BAC Bank of America Corp. | Add +0.1% | 0.59% | +0.02 |
| DFEV Dimensional Emrg MRKT Val | Add +11.6% | 0.17% | +0.02 |
| WPM Wheaton Precious Metals Corp. | Add +0.0% | 0.37% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +1.3% | 0.16% | +0.02 |
| GLW Corning Inc. | Add +0.0% | 0.32% | +0.01 |
| TXN Texas Instruments Inc. | Add +0.8% | 0.24% | +0.01 |
| WMT Walmart Inc. | Add +1.7% | 0.30% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.6% | 0.25% | +0.01 |
| F Ford Motor Co. | Add +14.1% | 0.06% | +0.01 |
| RTX RTX Corp. | Add +0.5% | 0.44% | +0.01 |
| USMV iShares MSCI USA Min Vol Fac | Add +13.9% | 0.12% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +1.0% | 0.26% | +0.00 |
| HON Honeywell International Inc. | Add +0.2% | 0.56% | +0.00 |
| FELC Fidelity Enh LRG Cap Cor ETF | Add +0.3% | 0.19% | +0.00 |
| VLUE iShares MSCI USA Value Facto | Add +3.3% | 0.61% | +0.00 |
| VIGI Vanguard Int Div App Indx FD | Add +0.5% | 1.99% | −0.01 |
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 |