NCM Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed March 2, 2026), NCM Capital Management, LLC reported 175 stock positions worth $269.6 million. Its top holding was Nvidia (NVDA) at 9.1% of the portfolio, followed by Amplify CWP Enhan Divid ETF (DIVO, 4.6%) and Texas Pacific Land (TPL, 3.2%). Compared with Q3 2025, it opened 3 new positions, sold out of 11, added to 55 and reduced 63. The biggest buy was SS SPDR S&P Aerospace Def (XAR, shares +1120%) and the biggest sale Nvidia (NVDA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- RAMSEY, NJ
- CIK
- 0001907054
- Portfolio Value
- $269.6M (Q4 2025)
- SEC Filing
- 0001907054-26-000001 ↗ filed Mar 2, 2026
Holdings Value
Holdings 175 stocks · $269.6M
| NVDA Nvidia Corp. | 9.14% | 132,082 | $24.6M | Reduce -0.9% |
| DIVO Amplify CWP Enhan Divid ETF | 4.56% | 276,413 | $12.3M | Reduce -2.1% |
| TPL Texas Pacific Land Corp. | 3.22% | 30,248 | $8.7M | No change |
| TCAF T Rowe PRC Cap Appreciation | 3.16% | 222,971 | $8.5M | Add +24.9% |
| JEPI JPMorgan Equity Premium Inco | 3.05% | 143,751 | $8.2M | Add +2.7% |
| MSFT Microsoft Corp. | 2.96% | 16,489 | $8.0M | Reduce -1.8% |
| AVUV Avantis US Small Cap Value | 2.82% | 74,550 | $7.6M | Add +3.0% |
| AAPL Apple Inc. | 2.73% | 27,043 | $7.4M | Reduce -0.2% |
| SCHD Schwab US DVD Equity ETF | 2.67% | 262,623 | $7.2M | Add +2.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.62% | 14,497 | $7.1M | Reduce -3.3% |
| JPM JPMorgan Chase & Co. | 2.59% | 21,674 | $7.0M | Reduce -3.2% |
| GOOGL Alphabet Inc. Class A | 2.12% | 18,221 | $5.7M | Reduce -1.8% |
| INFL Horizon Kinetics Infl Benef | 2.08% | 126,123 | $5.6M | Add +11.5% |
| VIGI Vanguard Int Div App Indx FD | 1.84% | 54,332 | $5.0M | Reduce -0.5% |
| GDX Vaneck Gold Miners ETF | 1.35% | 42,331 | $3.6M | Add +2.1% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 1.26% | 66,765 | $3.4M | Add +4.8% |
| LLY Eli Lilly & Co. | 1.24% | 3,103 | $3.3M | Reduce -4.3% |
| ACIO Aptus Collared Invest Opp | 1.21% | 74,605 | $3.3M | Add +16.9% |
| XAR SS SPDR S&P Aerospace Def | 1.01% | 11,245 | $2.7M | Add +1119.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.97% | 7,830 | $2.6M | Reduce -0.1% |
| MMM 3M Co. | 0.91% | 15,381 | $2.5M | Add +4.4% |
| TCAL T Rowe Pre CPT Apr PR in ETF | 0.88% | 100,242 | $2.4M | Add +34.0% |
| VHT Vanguard Health Care ETF | 0.86% | 8,081 | $2.3M | Reduce -0.6% |
| COWZ Pacer US Cash Cows 100 ETF | 0.84% | 37,784 | $2.3M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 0.78% | 17,461 | $2.1M | Reduce -1.4% |
| IYW iShares Ustechnology ETF | 0.78% | 10,472 | $2.1M | Add +2.0% |
| HD Home Depot Inc. | 0.75% | 5,858 | $2.0M | Add +12.5% |
| MRK Merck & Co. Inc. | 0.70% | 17,999 | $1.9M | Reduce -3.3% |
| RSP Invesco S&P 500 Equal Weight | 0.69% | 9,736 | $1.9M | Reduce -1.9% |
| AMZN Amazon.com Inc. | 0.68% | 7,983 | $1.8M | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.68% | 42,947 | $1.8M | Reduce -0.3% |
| DVY iShares Select Dividend ETF | 0.67% | 12,754 | $1.8M | Reduce -3.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.65% | 5,920 | $1.8M | No change |
| ABBV Abbvie Inc. | 0.64% | 7,519 | $1.7M | Add +0.0% |
| VLUE iShares MSCI USA Value Facto | 0.63% | 12,423 | $1.7M | Add +0.0% |
| NEE Nextera Energy Inc. | 0.62% | 20,977 | $1.7M | Add +0.0% |
| IVV iShares Core S&P 500 ETF | 0.62% | 2,425 | $1.7M | Add +2.6% |
| AMD Advanced Micro Devices | 0.61% | 7,692 | $1.6M | Reduce -2.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.60% | 2,646 | $1.6M | No change |
| HDV iShares Core High Dividend E | 0.60% | 13,361 | $1.6M | Reduce -0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.60% | 29,378 | $1.6M | Reduce -3.7% |
| ETN Eaton Corp. PLC | 0.59% | 5,028 | $1.6M | Add +0.0% |
| MS Morgan Stanley | 0.58% | 8,877 | $1.6M | Reduce -2.5% |
| XLK SS Technology Select Sector | 0.58% | 10,860 | $1.6M | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.57% | 17,192 | $1.5M | Reduce -1.0% |
| QCOM Qualcomm Inc. | 0.56% | 8,823 | $1.5M | Reduce -1.1% |
| GEV GE Vernova Inc. | 0.55% | 2,267 | $1.5M | Add +316.0% |
| HELO JPMorgan Hedged Equity ETF | 0.53% | 21,627 | $1.4M | Add +4.1% |
| VZ Verizon Communications Inc. | 0.50% | 33,230 | $1.4M | Add +80.7% |
| DGRO iShares Core Dividend Growth | 0.50% | 19,319 | $1.3M | Add +0.3% |
| IJH iShares Core S&P Midcap ETF | 0.47% | 19,339 | $1.3M | No change |
| JNJ Johnson & Johnson | 0.46% | 6,044 | $1.3M | Reduce -0.1% |
| VTWO Vanguard Russell 2000 ETF | 0.46% | 12,328 | $1.2M | No change |
| GLW Corning Inc. | 0.45% | 13,981 | $1.2M | Reduce -5.1% |
| GILD Gilead Sciences Inc. | 0.45% | 9,947 | $1.2M | Reduce -2.0% |
| MDY State Street SPDR S&P Midcap | 0.44% | 1,988 | $1.2M | No change |
| BUG Global X Cybersecurity ETF | 0.44% | 39,213 | $1.2M | Add +14.6% |
| PEP Pepsico Inc. | 0.44% | 8,281 | $1.2M | No change |
| INTC Intel Corp. | 0.44% | 32,035 | $1.2M | Reduce -1.2% |
| CAT Caterpillar Inc. | 0.43% | 2,030 | $1.2M | No change |
| CVX Chevron Corp. | 0.42% | 7,487 | $1.1M | Add +20.6% |
| WPM Wheaton Precious Metals Corp. | 0.42% | 9,630 | $1.1M | Reduce -4.9% |
| RTX RTX Corp. | 0.42% | 6,142 | $1.1M | Reduce -15.5% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.41% | 18,961 | $1.1M | Add +2.7% |
| PG The Procter & Gamble Co. | 0.41% | 7,661 | $1.1M | Add +14.3% |
| AVES Avantis Emerging Markets Val | 0.40% | 18,574 | $1.1M | Add +1.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.40% | 12,889 | $1.1M | Add +11.2% |
| MCD McDonald's Corp. | 0.40% | 3,484 | $1.1M | Reduce -2.8% |
| BMY Bristol-Myers Squibb Co. | 0.39% | 19,709 | $1.1M | Reduce -7.2% |
| VYM Vanguard High DVD Yield ETF | 0.38% | 7,156 | $1.0M | No change |
| XLP SS Consumer Staples Sel Sect | 0.38% | 13,187 | $1.0M | Add +23.1% |
| BX Blackstone Inc. | 0.37% | 6,523 | $1.0M | Add +2.8% |
| HON Honeywell International Inc. | 0.35% | 4,872 | $950K | Reduce -10.6% |
| FBND Fidelity Total Bond ETF | 0.35% | 20,341 | $937K | Add +0.5% |
| NKE Nike Inc. Class B | 0.35% | 14,644 | $933K | Add +49.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 8,184 | $931K | Reduce -2.4% |
| IVW iShares S&P 500 Growth ETF | 0.34% | 7,393 | $911K | Add +2.7% |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.33% | 18,002 | $885K | Add +7.5% |
| BA The Boeing Co. | 0.31% | 3,909 | $849K | Reduce -1.9% |
| WMT Walmart Inc. | 0.31% | 7,597 | $846K | No change |
| GOOG Alphabet Inc. Class C | 0.31% | 2,682 | $842K | No change |
| GM General Motors Co. | 0.30% | 9,864 | $802K | Add +0.0% |
| LMT Lockheed Martin Corp. | 0.30% | 1,652 | $799K | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.29% | 11,259 | $789K | No change |
| MU Micron Technology Inc. | 0.29% | 2,750 | $785K | Reduce -15.4% |
| QUAL iShares MSCI USA Quality Fac | 0.29% | 3,939 | $782K | Add +2.6% |
| CVS CVS Health Corp. | 0.29% | 9,731 | $772K | Reduce -1.0% |
| AMGN Amgen Inc. | 0.29% | 2,349 | $769K | Add +0.0% |
| WM Waste Management Inc. | 0.28% | 3,449 | $758K | Reduce -4.8% |
| TLTW iShares 20+ Bond Buywrite | 0.27% | 32,134 | $728K | Reduce -46.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 1,050 | $716K | No change |
| IWM iShares Russell 2000 ETF | 0.26% | 2,894 | $712K | Reduce -2.5% |
| DFAT Dimensional US Target Value | 0.26% | 11,711 | $697K | Add +0.3% |
| JPIE JPMorgan Income ETF | 0.26% | 15,000 | $694K | Add +145.9% |
| GLD SPDR Gold Shares | 0.26% | 1,735 | $688K | Reduce -10.8% |
| AVDV Avantis Intl S/C Value ETF | 0.25% | 7,184 | $675K | Add +11.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.25% | 1,328 | $668K | No change |
| CSCO Cisco Systems Inc. | 0.25% | 8,644 | $666K | Reduce -1.3% |
| PFE Pfizer Inc. | 0.25% | 26,694 | $665K | Reduce -8.9% |
| TPH Tri Pointe Homes Inc. | 0.23% | 20,100 | $633K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Reduce -0.9% | 9.14% | −0.51 |
| MSFT Microsoft Corp. | Reduce -1.8% | 2.96% | −0.42 |
| DIVO Amplify CWP Enhan Divid ETF | Reduce -2.1% | 4.56% | −0.32 |
| TLTW iShares 20+ Bond Buywrite | Reduce -46.6% | 0.27% | −0.28 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.3% | 2.62% | −0.16 |
| JPM JPMorgan Chase & Co. | Reduce -3.2% | 2.59% | −0.15 |
| HON Honeywell International Inc. | Reduce -10.6% | 0.35% | −0.09 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.09 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.09 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.08 |
| IP International Paper Co. | Sold out | 0.00% | −0.08 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.08 |
| WBI Waterbridge Infrastruc Class A | Sold out | 0.00% | −0.08 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -1.4% | 0.17% | −0.07 |
| FCTE Smi 3FOURTEEN Full-CYCL TRND | Reduce -22.3% | 0.15% | −0.07 |
| DVY iShares Select Dividend ETF | Reduce -3.7% | 0.67% | −0.06 |
| F Ford Motor Co. | Sold out | 0.00% | −0.06 |
| DSL Doubleline Income Solutions | Sold out | 0.00% | −0.06 |
| VIGI Vanguard Int Div App Indx FD | Reduce -0.5% | 1.84% | −0.05 |
| RTX RTX Corp. | Reduce -15.5% | 0.42% | −0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -0.3% | 0.68% | −0.05 |
| DBRG Digitalbridge Group Inc. | Sold out | 0.00% | −0.05 |
| PFE Pfizer Inc. | Reduce -8.9% | 0.25% | −0.04 |
| VKQ Invesco Municipal Trust | Sold out | 0.00% | −0.04 |
| WY Weyerhaeuser Co. | Reduce -15.4% | 0.14% | −0.04 |
| RSP Invesco S&P 500 Equal Weight | Reduce -1.9% | 0.69% | −0.04 |
| T AT&T Inc. | Reduce -3.4% | 0.17% | −0.04 |
| CSX CSX Corp. | Reduce -15.8% | 0.16% | −0.03 |
| HDV iShares Core High Dividend E | Reduce -0.3% | 0.60% | −0.03 |
| ACN Accenture PLC Class A | Reduce -20.5% | 0.15% | −0.03 |
| WEN The Wendy's Co. | Reduce -11.7% | 0.10% | −0.03 |
| WM Waste Management Inc. | Reduce -4.8% | 0.28% | −0.03 |
| MCD McDonald's Corp. | Reduce -2.8% | 0.40% | −0.03 |
| DIS The Walt Disney Co. | Reduce -2.4% | 0.35% | −0.03 |
| DUK Duke Energy Corp. | Reduce -4.5% | 0.16% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.1% | 0.97% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.0% | 0.09% | −0.02 |
| MUB iShares National Muni Bond E | Reduce -9.7% | 0.15% | −0.02 |
| IWS iShares Russell Mid-Cap Valu | Reduce -8.8% | 0.16% | −0.02 |
| WPM Wheaton Precious Metals Corp. | Reduce -4.9% | 0.42% | −0.02 |
| BA The Boeing Co. | Reduce -1.9% | 0.31% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -2.0% | 0.16% | −0.02 |
| BGS B&G Foods Inc. | Sold out | 0.00% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -1.0% | 0.57% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -1.1% | 0.56% | −0.02 |
| GLW Corning Inc. | Reduce -5.1% | 0.45% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -2.5% | 0.26% | −0.01 |
| GLD SPDR Gold Shares | Reduce -10.8% | 0.26% | −0.01 |
| BAC Bank of America Corp. | Reduce -3.7% | 0.60% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -5.8% | 0.15% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| XAR SS SPDR S&P Aerospace Def | Add +1119.6% | 1.01% | +0.92 |
| TCAF T Rowe PRC Cap Appreciation | Add +24.9% | 3.16% | +0.55 |
| GEV GE Vernova Inc. | Add +316.0% | 0.55% | +0.42 |
| VZ Verizon Communications Inc. | Add +80.7% | 0.50% | +0.19 |
| JIVE JPM Interntl Value ETF | New | 0.17% | +0.17 |
| TCAL T Rowe Pre CPT Apr PR in ETF | Add +34.0% | 0.88% | +0.17 |
| JPIE JPMorgan Income ETF | Add +145.9% | 0.26% | +0.15 |
| ACIO Aptus Collared Invest Opp | Add +16.9% | 1.21% | +0.13 |
| INFL Horizon Kinetics Infl Benef | Add +11.5% | 2.08% | +0.12 |
| GDX Vaneck Gold Miners ETF | Add +2.1% | 1.35% | +0.12 |
| NKE Nike Inc. Class B | Add +49.9% | 0.35% | +0.08 |
| TJX TJX Companies Inc. | New | 0.08% | +0.08 |
| V Visa Inc. Class A | New | 0.07% | +0.07 |
| KMB Kimberly-Clark Corp. | Add +116.2% | 0.17% | +0.07 |
| GM General Motors Co. | Add +0.0% | 0.30% | +0.06 |
| XLP SS Consumer Staples Sel Sect | Add +23.1% | 0.38% | +0.05 |
| CVX Chevron Corp. | Add +20.6% | 0.42% | +0.05 |
| AMGN Amgen Inc. | Add +0.0% | 0.29% | +0.03 |
| VLUE iShares MSCI USA Value Facto | Add +0.0% | 0.63% | +0.03 |
| AVDV Avantis Intl S/C Value ETF | Add +11.1% | 0.25% | +0.03 |
| AVUV Avantis US Small Cap Value | Add +3.0% | 2.82% | +0.03 |
| MMM 3M Co. | Add +4.4% | 0.91% | +0.03 |
| XBI SS SPDR S&P Biotech ETF | Add +0.1% | 0.16% | +0.02 |
| SHY iShares 1-3 Year Treasury Bo | Add +11.2% | 0.40% | +0.02 |
| DFEV Dimensional Emrg MRKT Val | Add +7.6% | 0.20% | +0.02 |
| PGR Progressive Corp. | Add +32.0% | 0.09% | +0.01 |
| NEE Nextera Energy Inc. | Add +0.0% | 0.62% | +0.01 |
| LB Landbridge Co. LLC-A | Add +28.9% | 0.09% | +0.01 |
| HELO JPMorgan Hedged Equity ETF | Add +4.1% | 0.53% | +0.01 |
| KNG FT Vest S&P 500 DVD Arst TRG | Add +7.5% | 0.33% | +0.01 |
| PG The Procter & Gamble Co. | Add +14.3% | 0.41% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +2.6% | 0.62% | +0.00 |
| IVW iShares S&P 500 Growth ETF | Add +2.7% | 0.34% | +0.00 |
| QUAL iShares MSCI USA Quality Fac | Add +2.6% | 0.29% | +0.00 |
| JMST JPM Ultra-Short Muni Income | Add +4.8% | 1.26% | −0.00 |
| JEPQ JPM Nasdaq Equity Premium | Add +2.7% | 0.41% | −0.00 |
| FELC Fidelity Enh LRG Cap Cor ETF | Add +0.2% | 0.19% | −0.00 |
| OMFL Invesco Russell 1000 DYN M/F | Add +0.0% | 0.14% | −0.00 |
| MTUM iShares MSCI USA Momentum Fa | Add +2.7% | 0.10% | −0.00 |
| SPG Simon Property Group Inc. | Add +0.3% | 0.08% | −0.00 |
| IYW iShares Ustechnology ETF | Add +2.0% | 0.78% | −0.00 |
| DFAT Dimensional US Target Value | Add +0.3% | 0.26% | −0.00 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +0.1% | 0.15% | −0.01 |
| AVES Avantis Emerging Markets Val | Add +1.3% | 0.40% | −0.01 |
| TXN Texas Instruments Inc. | Add +7.0% | 0.20% | −0.01 |
| SPHD Invesco S&P 500 High Dividen | Add +1.0% | 0.12% | −0.01 |
| DGRO iShares Core Dividend Growth | Add +0.3% | 0.50% | −0.01 |
| COST Costco Wholesale Corp. | Add +3.6% | 0.14% | −0.01 |
| VNQ Vanguard Real Estate ETF | Add +0.4% | 0.20% | −0.02 |
| FBND Fidelity Total Bond ETF | Add +0.5% | 0.35% | −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 |