NCM Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), NCM Capital Management, LLC reported 183 stock positions worth $257.8 million. Its top holding was Nvidia (NVDA) at 9.7% of the portfolio, followed by Amplify CWP Enhan Divid ETF (DIVO, 4.9%) and Texas Pacific Land (TPL, 3.6%). Compared with Q2 2025, it opened 10 new positions, sold out of 4, added to 45 and reduced 71. The biggest buy was T Rowe Pre CPT Apr PR in ETF (TCAL, shares +189%) and the biggest sale Texas Pacific Land (TPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- RAMSEY, NJ
- CIK
- 0001907054
- Portfolio Value
- $257.8M (Q3 2025)
- SEC Filing
- 0001907054-25-000007 ↗ filed Nov 14, 2025
Holdings Value
Holdings 183 stocks · $257.8M
| NVDA Nvidia Corp. | 9.65% | 133,342 | $24.9M | Reduce -3.1% |
| DIVO Amplify CWP Enhan Divid ETF | 4.88% | 282,415 | $12.6M | Reduce -5.6% |
| TPL Texas Pacific Land Corp. | 3.65% | 10,078 | $9.4M | Reduce -0.8% |
| MSFT Microsoft Corp. | 3.37% | 16,791 | $8.7M | Reduce -3.4% |
| JEPI JPMorgan Equity Premium Inco | 3.10% | 139,975 | $8.0M | Reduce -0.1% |
| AVUV Avantis US Small Cap Value | 2.79% | 72,346 | $7.2M | Reduce -1.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.79% | 14,986 | $7.2M | Reduce -3.4% |
| JPM JPMorgan Chase & Co. | 2.74% | 22,394 | $7.1M | Reduce -1.4% |
| SCHD Schwab US DVD Equity ETF | 2.72% | 257,026 | $7.0M | Reduce -1.3% |
| AAPL Apple Inc. | 2.68% | 27,091 | $6.9M | Reduce -16.7% |
| TCAF T Rowe PRC Cap Appreciation | 2.61% | 178,481 | $6.7M | Add +5.5% |
| INFL Horizon Kinetics Infl Benef | 1.96% | 113,071 | $5.1M | Add +5.3% |
| VIGI Vanguard Int Div App Indx FD | 1.90% | 54,620 | $4.9M | Add +1.8% |
| GOOGL Alphabet Inc. Class A | 1.75% | 18,546 | $4.5M | Reduce -8.4% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 1.26% | 63,730 | $3.3M | Add +30.9% |
| GDX Vaneck Gold Miners ETF | 1.23% | 41,457 | $3.2M | Add +0.2% |
| ACIO Aptus Collared Invest Opp | 1.07% | 63,804 | $2.8M | Add +6.8% |
| VTI VG Morningstar TS MKT ETF-US | 1.00% | 7,840 | $2.6M | Reduce -11.4% |
| LLY Eli Lilly & Co. | 0.96% | 3,243 | $2.5M | Add +9.4% |
| MMM 3M Co. | 0.89% | 14,731 | $2.3M | Reduce -2.3% |
| COWZ Pacer US Cash Cows 100 ETF | 0.85% | 38,034 | $2.2M | Reduce -8.4% |
| VHT Vanguard Health Care ETF | 0.82% | 8,131 | $2.1M | Reduce -1.8% |
| HD Home Depot Inc. | 0.82% | 5,208 | $2.1M | Reduce -0.2% |
| IYW iShares Ustechnology ETF | 0.78% | 10,271 | $2.0M | Reduce -2.6% |
| XOM Exxon Mobil Corp. | 0.77% | 17,711 | $2.0M | No change |
| RSP Invesco S&P 500 Equal Weight | 0.73% | 9,927 | $1.9M | Reduce -8.2% |
| ETN Eaton Corp. PLC | 0.73% | 5,027 | $1.9M | Reduce -3.6% |
| DVY iShares Select Dividend ETF | 0.73% | 13,240 | $1.9M | Add +0.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.73% | 21,546 | $1.9M | Reduce -3.2% |
| TCAL T Rowe Pre CPT Apr PR in ETF | 0.71% | 74,788 | $1.8M | Add +189.4% |
| AMZN Amazon.com Inc. | 0.68% | 7,983 | $1.8M | Reduce -8.8% |
| ABBV Abbvie Inc. | 0.68% | 7,518 | $1.7M | Reduce -2.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.65% | 5,920 | $1.7M | No change |
| HDV iShares Core High Dividend E | 0.64% | 13,406 | $1.6M | Add +0.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.62% | 2,646 | $1.6M | Reduce -11.6% |
| NEE Nextera Energy Inc. | 0.61% | 20,971 | $1.6M | Reduce -2.5% |
| IVV iShares Core S&P 500 ETF | 0.61% | 2,363 | $1.6M | Reduce -17.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.61% | 30,514 | $1.6M | Add +0.1% |
| MRK Merck & Co. Inc. | 0.61% | 18,608 | $1.6M | Add +0.1% |
| VLUE iShares MSCI USA Value Facto | 0.60% | 12,421 | $1.6M | Reduce -5.5% |
| XLK SS Technology Select Sector | 0.59% | 5,426 | $1.5M | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.59% | 17,361 | $1.5M | Add +3.9% |
| QCOM Qualcomm Inc. | 0.58% | 8,922 | $1.5M | No change |
| MS Morgan Stanley | 0.56% | 9,109 | $1.4M | Add +0.0% |
| TLTW iShares 20+ Bond Buywrite | 0.55% | 60,236 | $1.4M | Reduce -0.1% |
| HELO JPMorgan Hedged Equity ETF | 0.52% | 20,777 | $1.4M | Add +3.9% |
| DGRO iShares Core Dividend Growth | 0.51% | 19,260 | $1.3M | Reduce -0.5% |
| AMD Advanced Micro Devices | 0.50% | 7,892 | $1.3M | Reduce -7.1% |
| IJH iShares Core S&P Midcap ETF | 0.49% | 19,339 | $1.3M | No change |
| RTX RTX Corp. | 0.47% | 7,267 | $1.2M | Reduce -0.5% |
| GLW Corning Inc. | 0.47% | 14,729 | $1.2M | Add +0.0% |
| VTWO Vanguard Russell 2000 ETF | 0.47% | 12,328 | $1.2M | No change |
| BUG Global X Cybersecurity ETF | 0.47% | 34,233 | $1.2M | Add +11.1% |
| MDY State Street SPDR S&P Midcap | 0.46% | 1,988 | $1.2M | No change |
| PEP Pepsico Inc. | 0.45% | 8,281 | $1.2M | Add +33.5% |
| HON Honeywell International Inc. | 0.44% | 5,447 | $1.1M | Reduce -7.5% |
| WPM Wheaton Precious Metals Corp. | 0.44% | 10,129 | $1.1M | No change |
| GILD Gilead Sciences Inc. | 0.44% | 10,150 | $1.1M | Add +0.0% |
| JNJ Johnson & Johnson | 0.44% | 6,050 | $1.1M | Reduce -0.3% |
| MCD McDonald's Corp. | 0.42% | 3,584 | $1.1M | Reduce -0.3% |
| INTC Intel Corp. | 0.42% | 32,410 | $1.1M | No change |
| BX Blackstone Inc. | 0.42% | 6,348 | $1.1M | Reduce -5.9% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.41% | 18,460 | $1.1M | Reduce -4.3% |
| AVES Avantis Emerging Markets Val | 0.41% | 18,334 | $1.1M | Add +3.8% |
| PG The Procter & Gamble Co. | 0.40% | 6,701 | $1.0M | Reduce -7.2% |
| VYM Vanguard High DVD Yield ETF | 0.39% | 7,156 | $1.0M | No change |
| CAT Caterpillar Inc. | 0.38% | 2,030 | $969K | No change |
| CVX Chevron Corp. | 0.37% | 6,209 | $964K | Add +0.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.37% | 11,589 | $961K | Add +21.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.37% | 8,382 | $960K | Reduce -7.0% |
| BMY Bristol-Myers Squibb Co. | 0.37% | 21,234 | $958K | Add +0.0% |
| FBND Fidelity Total Bond ETF | 0.36% | 20,241 | $936K | Reduce -8.2% |
| IVW iShares S&P 500 Growth ETF | 0.34% | 7,200 | $869K | Reduce -5.8% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.33% | 11,259 | $863K | No change |
| BA The Boeing Co. | 0.33% | 3,984 | $860K | Add +8.1% |
| XLP SS Consumer Staples Sel Sect | 0.33% | 10,715 | $840K | Add +4.0% |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.32% | 16,748 | $826K | Add +33.3% |
| LMT Lockheed Martin Corp. | 0.32% | 1,652 | $825K | Add +2.5% |
| VZ Verizon Communications Inc. | 0.31% | 18,392 | $808K | Add +0.6% |
| WM Waste Management Inc. | 0.31% | 3,623 | $800K | Reduce -3.1% |
| WMT Walmart Inc. | 0.30% | 7,597 | $783K | No change |
| PFE Pfizer Inc. | 0.29% | 29,310 | $747K | Reduce -5.7% |
| QUAL iShares MSCI USA Quality Fac | 0.29% | 3,839 | $747K | No change |
| CVS CVS Health Corp. | 0.29% | 9,828 | $741K | Add +0.0% |
| IWM iShares Russell 2000 ETF | 0.28% | 2,969 | $718K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 1,050 | $699K | No change |
| GLD SPDR Gold Shares | 0.27% | 1,945 | $691K | No change |
| TPH Tri Pointe Homes Inc. | 0.26% | 20,100 | $683K | No change |
| NKE Nike Inc. Class B | 0.26% | 9,768 | $681K | No change |
| DFAT Dimensional US Target Value | 0.26% | 11,674 | $680K | Add +0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 1,328 | $668K | Reduce -34.5% |
| AMGN Amgen Inc. | 0.26% | 2,348 | $663K | Reduce -0.4% |
| GOOG Alphabet Inc. Class C | 0.25% | 2,682 | $653K | Reduce -4.3% |
| GBTC Grayscale Bitcoin Trust ETF | 0.24% | 6,923 | $621K | No change |
| GM General Motors Co. | 0.23% | 9,863 | $601K | Add +0.0% |
| CSCO Cisco Systems Inc. | 0.23% | 8,756 | $599K | Reduce -0.6% |
| ABT Abbott Laboratories | 0.23% | 4,387 | $588K | Reduce -0.3% |
| IWD iShares Russell 1000 Value E | 0.23% | 2,865 | $583K | Add +0.0% |
| VDC Vanguard Consumer Staple ETF | 0.22% | 2,705 | $578K | Reduce -5.3% |
| AVDV Avantis Intl S/C Value ETF | 0.22% | 6,468 | $576K | Add +12.0% |
Portfolio Sells Q2 2025 → Q3 2025
| TPL Texas Pacific Land Corp. | Reduce -0.8% | 3.65% | −0.76 |
| DIVO Amplify CWP Enhan Divid ETF | Reduce -5.6% | 4.88% | −0.35 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Sold out | 0.00% | −0.21 |
| MSFT Microsoft Corp. | Reduce -3.4% | 3.37% | −0.18 |
| JEPI JPMorgan Equity Premium Inco | Reduce -0.1% | 3.10% | −0.17 |
| SUB iShares Short-Term National | Sold out | 0.00% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -34.5% | 0.26% | −0.15 |
| IVV iShares Core S&P 500 ETF | Reduce -17.4% | 0.61% | −0.12 |
| HON Honeywell International Inc. | Reduce -7.5% | 0.44% | −0.12 |
| SCHD Schwab US DVD Equity ETF | Reduce -1.3% | 2.72% | −0.12 |
| AMZN Amazon.com Inc. | Reduce -8.8% | 0.68% | −0.11 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -11.4% | 1.00% | −0.11 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.10 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.09 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -8.4% | 0.85% | −0.09 |
| DIS The Walt Disney Co. | Reduce -7.0% | 0.37% | −0.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -29.9% | 0.20% | −0.09 |
| CMG Chipotle Mexican Grill Inc. | Reduce -3.2% | 0.14% | −0.08 |
| RSP Invesco S&P 500 Equal Weight | Reduce -8.2% | 0.73% | −0.08 |
| SPHD Invesco S&P 500 High Dividen | Reduce -36.3% | 0.12% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -7.2% | 0.40% | −0.07 |
| AAPL Apple Inc. | Reduce -16.7% | 2.68% | −0.06 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -11.6% | 0.62% | −0.06 |
| MMM 3M Co. | Reduce -2.3% | 0.89% | −0.06 |
| ACN Accenture PLC Class A | Reduce -0.1% | 0.19% | −0.05 |
| FBND Fidelity Total Bond ETF | Reduce -8.2% | 0.36% | −0.05 |
| WM Waste Management Inc. | Reduce -3.1% | 0.31% | −0.04 |
| UPS United Parcel Service Class B | Reduce -1.0% | 0.13% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -15.6% | 0.22% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -3.6% | 0.73% | −0.03 |
| VDC Vanguard Consumer Staple ETF | Reduce -5.3% | 0.22% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -19.6% | 0.18% | −0.03 |
| TLTW iShares 20+ Bond Buywrite | Reduce -0.1% | 0.55% | −0.03 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -18.3% | 0.09% | −0.03 |
| VHT Vanguard Health Care ETF | Reduce -1.8% | 0.82% | −0.03 |
| FCTE Smi 3FOURTEEN Full-CYCL TRND | Reduce -4.9% | 0.22% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -0.7% | 0.15% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -6.7% | 0.14% | −0.02 |
| WY Weyerhaeuser Co. | Reduce -1.0% | 0.18% | −0.02 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -4.3% | 0.41% | −0.02 |
| PFE Pfizer Inc. | Reduce -5.7% | 0.29% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -0.6% | 0.23% | −0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -3.2% | 0.73% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.3% | 0.23% | −0.02 |
| KO The Coca-Cola Co. | Reduce -1.1% | 0.12% | −0.02 |
| PYPL PayPal Holdings Inc. | Reduce -0.9% | 0.08% | −0.02 |
| AMGN Amgen Inc. | Reduce -0.4% | 0.26% | −0.01 |
| VNQ Vanguard Real Estate ETF | Reduce -2.7% | 0.22% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.4% | 2.79% | −0.01 |
| GAP The Gap Inc. | Reduce -4.2% | 0.09% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| TCAL T Rowe Pre CPT Apr PR in ETF | Add +189.4% | 0.71% | +0.45 |
| GDX Vaneck Gold Miners ETF | Add +0.2% | 1.23% | +0.34 |
| JMST JPM Ultra-Short Muni Income | Add +30.9% | 1.26% | +0.24 |
| TCAF T Rowe PRC Cap Appreciation | Add +5.5% | 2.61% | +0.16 |
| GLW Corning Inc. | Add +0.0% | 0.47% | +0.15 |
| PEP Pepsico Inc. | Add +33.5% | 0.45% | +0.11 |
| JPIE JPMorgan Income ETF | New | 0.11% | +0.11 |
| INFL Horizon Kinetics Infl Benef | Add +5.3% | 1.96% | +0.10 |
| DHR Danaher Corp. | New | 0.09% | +0.09 |
| XAR SS SPDR S&P Aerospace Def | New | 0.08% | +0.08 |
| WBI Waterbridge Infrastruc Class A | New | 0.08% | +0.08 |
| SPG Simon Property Group Inc. | New | 0.08% | +0.08 |
| BNY Bank of New York Mellon Corp. | New | 0.08% | +0.08 |
| TMO Thermo Fisher Scientific Inc. | New | 0.08% | +0.08 |
| ISRA Vaneck Israel ETF | New | 0.08% | +0.08 |
| LB Landbridge Co. LLC-A | New | 0.08% | +0.08 |
| KNG FT Vest S&P 500 DVD Arst TRG | Add +33.3% | 0.32% | +0.07 |
| ACIO Aptus Collared Invest Opp | Add +6.8% | 1.07% | +0.06 |
| SHY iShares 1-3 Year Treasury Bo | Add +21.1% | 0.37% | +0.05 |
| AVDV Avantis Intl S/C Value ETF | Add +12.0% | 0.22% | +0.04 |
| MS Morgan Stanley | Add +0.0% | 0.56% | +0.04 |
| GM General Motors Co. | Add +0.0% | 0.23% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +16.6% | 0.17% | +0.02 |
| AVES Avantis Emerging Markets Val | Add +3.8% | 0.41% | +0.02 |
| BAC Bank of America Corp. | Add +0.1% | 0.61% | +0.02 |
| BGS B&G Foods Inc. | New | 0.02% | +0.02 |
| BA The Boeing Co. | Add +8.1% | 0.33% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +3.9% | 0.59% | +0.02 |
| LMT Lockheed Martin Corp. | Add +2.5% | 0.32% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +4.6% | 0.17% | +0.01 |
| LLY Eli Lilly & Co. | Add +9.4% | 0.96% | +0.01 |
| HELO JPMorgan Hedged Equity ETF | Add +3.9% | 0.52% | +0.01 |
| CVS CVS Health Corp. | Add +0.0% | 0.29% | +0.01 |
| CVX Chevron Corp. | Add +0.1% | 0.37% | +0.01 |
| DVY iShares Select Dividend ETF | Add +0.1% | 0.73% | +0.01 |
| DFEV Dimensional Emrg MRKT Val | Add +4.3% | 0.18% | +0.01 |
| DFAT Dimensional US Target Value | Add +0.4% | 0.26% | +0.01 |
| FELC Fidelity Enh LRG Cap Cor ETF | Add +0.2% | 0.19% | +0.00 |
| JPST JPMorgan Ultra-Short Income | Add +9.3% | 0.12% | +0.00 |
| MRK Merck & Co. Inc. | Add +0.1% | 0.61% | +0.00 |
| XLE SS Energy Select Sector | Add +0.1% | 0.10% | −0.00 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +0.1% | 0.16% | −0.00 |
| BUG Global X Cybersecurity ETF | Add +11.1% | 0.47% | −0.00 |
| WFC Wells Fargo & Co. | Add +0.0% | 0.09% | −0.00 |
| IWD iShares Russell 1000 Value E | Add +0.0% | 0.23% | −0.00 |
| MUB iShares National Muni Bond E | Add +0.1% | 0.17% | −0.01 |
| HDV iShares Core High Dividend E | Add +0.0% | 0.64% | −0.01 |
| VZ Verizon Communications Inc. | Add +0.6% | 0.31% | −0.01 |
| T AT&T Inc. | Add +1.3% | 0.20% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Add +0.1% | 0.12% | −0.02 |
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 |