NCP Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), NCP Inc. reported 163 stock positions worth $124.0 million. Its top holding was Nvidia (NVDA) at 18.8% of the portfolio, followed by Eli Lilly (LLY, 8.8%) and Palantir Technologies Class A (PLTR, 5.6%). Compared with Q3 2025, it opened 111 new positions, added to 24 and reduced 17. The biggest buy was Eli Lilly (LLY, shares +46%) and the biggest sale Arm Holdings PLC-ADR (ARM, shares −100%).

Most Recent 13F
Q2 2026
Location
WILMINGTON, NC
CIK
0002023709
Portfolio Value
$124.0M (Q4 2025)
SEC Filing
0002023709-26-000002 ↗ filed Feb 17, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $144.5M Q1 2024 Q2 2024: $158.1M Q2 2024 Q3 2024: $175.5M Q3 2024 Q4 2024: $194.8M Q4 2024 Q1 2025: $74.1M Q1 2025 Q2 2025: $106.1M Q2 2025 Q3 2025: $134.5M Q3 2025 Q4 2025: $124.0M $124.0M Q4 2025 Q1 2026: $60.1M Q1 2026 Q2 2026: $71.9M Q2 2026

Holdings 163 stocks · $124.0M
NVDA Nvidia Corp. 18.83% 125,206 $23.4M Add +3.1%
LLY Eli Lilly & Co. 8.84% 10,200 $11.0M Add +45.7%
PLTR Palantir Technologies Inc. Class A 5.63% 39,259 $7.0M Add +10.2%
AMZN Amazon.com Inc. 4.88% 26,199 $6.0M Add +1.7%
META Meta Platforms Inc. Class A 4.52% 8,486 $5.6M Reduce -48.0%
TSLA Tesla Inc. 4.39% 12,109 $5.4M Reduce -2.0%
GOOGL Alphabet Inc. Class A 3.95% 15,657 $4.9M No change
AVGO Broadcom Inc. 3.95% 14,156 $4.9M Add +17.0%
AAPL Apple Inc. 3.88% 17,702 $4.8M Add +0.4%
QQQ Invesco QQQ Trust Series 1 3.45% 6,964 $4.3M Reduce -3.3%
HOOD Robinhood Markets Inc. Class A 3.02% 33,119 $3.7M Reduce -31.1%
EQIX Equinix Inc. 2.66% 4,300 $3.3M Reduce -7.5%
CRWD CrowdStrike Holdings Inc. Class A 2.02% 5,350 $2.5M No change
CYBR Cyberark Software Ltd./Israel 1.98% 5,500 $2.5M No change
SPY SS SPDR S&P 500 ETF Trust-US 1.65% 2,998 $2.0M Add +9.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.60% 36,067 $2.0M Add +0.0%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 1.51% 32,164 $1.9M Add +11.7%
XBXMX Nuveen S&P 500 Buy-WR Inc. 1.48% 124,716 $1.8M Add +4.9%
COST Costco Wholesale Corp. 1.37% 1,966 $1.7M Reduce -5.6%
BA The Boeing Co. 1.32% 7,519 $1.6M Add +23.3%
NDMO Nuveen Dynamic Municipal Opp 1.27% 156,777 $1.6M Add +8.9%
GS Goldman Sachs Group Inc. 1.06% 1,500 $1.3M No change
PDI PIMCO Dynamic Income Fund 1.01% 70,936 $1.3M Reduce -20.4%
JPM JPMorgan Chase & Co. 1.00% 3,850 $1.2M Add +3.5%
UNH Unitedhealth Group Inc. 0.99% 3,716 $1.2M Add +70.4%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.98% 2,528 $1.2M Add +16.1%
ISRG Intuitive Surgical Inc. 0.91% 2,000 $1.1M No change
WM Waste Management Inc. 0.72% 4,039 $888K Reduce -2.7%
MSFT Microsoft Corp. 0.71% 1,815 $878K Add +3.2%
NFLX Netflix Inc. 0.62% 8,237 $772K Reduce -87.5%
GEV GE Vernova Inc. 0.58% 1,100 $719K Reduce -2.0%
TSM Taiwan Semiconductor-SP ADR 0.57% 2,319 $705K Add +3.1%
GE General Electric filed as GE AEROSPACE 0.55% 2,215 $682K Reduce -4.1%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.51% 2,093 $632K Add +1.7%
VEU Vanguard Ftse All-World Ex-U 0.46% 7,838 $577K Add +4.3%
JNJ Johnson & Johnson 0.45% 2,674 $553K Add +39.9%
UAL United Airlines Holdings Inc. 0.39% 4,352 $487K Add +3.6%
HON Honeywell International Inc. 0.34% 2,183 $426K No change
VTWO Vanguard Russell 2000 ETF 0.33% 4,162 $414K No change
OHI Omega Healthcare Investors 0.33% 9,310 $413K No change
XLF SS Financial Select Sector 0.31% 7,088 $388K Reduce -13.4%
AMD Advanced Micro Devices 0.25% 1,451 $311K New
JPEF JPMorgan Equity Focus ETF 0.25% 4,154 $310K New
XLE SS Energy Select Sector 0.24% 6,557 $293K Add +0.3%
TMO Thermo Fisher Scientific Inc. 0.23% 500 $290K No change
MMM 3M Co. 0.21% 1,625 $260K No change
GM General Motors Co. 0.20% 3,014 $245K Reduce -11.0%
GOOG Alphabet Inc. Class C 0.20% 778 $244K New
KMI Kinder Morgan Inc. 0.18% 8,211 $226K Add +0.2%
V Visa Inc. Class A 0.16% 578 $203K Reduce -10.5%
XOM Exxon Mobil Corp. 0.14% 1,440 $173K New
F Ford Motor Co. filed as FORD MTR CO 0.14% 12,877 $169K Add +0.2%
BRK.B Berkshire Hathaway Inc. Class B 0.13% 330 $166K New
JOBY Joby Aviation Inc. 0.13% 11,900 $157K Reduce -7.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.12% 514 $152K New
VZ Verizon Communications Inc. 0.11% 3,427 $140K New
HD Home Depot Inc. 0.10% 348 $120K New
C Citigroup Inc. 0.09% 977 $114K New
FCX Freeport-McMoran Inc. 0.09% 2,157 $110K New
T AT&T Inc. 0.09% 4,262 $106K New
MO Altria Group Inc. 0.08% 1,700 $98K New
GRAL Grail Inc. 0.07% 1,000 $86K New
JCI Johnson Controls Internation 0.07% 686 $82K New
IWM iShares Russell 2000 ETF 0.06% 326 $80K New
WMT Walmart Inc. 0.06% 679 $76K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.06% 655 $75K New
ORLY O'reilly Automotive Inc. 0.06% 750 $68K New
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.05% 804 $67K New
AXP American Express Co. 0.05% 172 $64K New
CVX Chevron Corp. 0.05% 396 $60K New
GEHC GE Healthcare Technology 0.05% 732 $60K New
TGT Target Corp. 0.05% 595 $58K New
WFC Wells Fargo & Co. 0.05% 602 $56K New
ANET Arista Networks Inc. 0.04% 400 $52K New
TSCO Tractor Supply Company 0.04% 1,000 $50K New
DHR Danaher Corp. 0.04% 212 $49K New
ORCL Oracle Corp. 0.04% 245 $48K New
ELF Elf Beauty Inc. 0.04% 600 $46K New
MA Mastercard Inc. Class A 0.04% 78 $45K New
CRM Salesforce Inc. 0.03% 163 $43K New
KO The Coca-Cola Co. 0.03% 595 $42K New
MU Micron Technology Inc. 0.03% 130 $37K New
NOW ServiceNow Inc. 0.03% 240 $37K New
BX Blackstone Inc. 0.03% 234 $36K New
CSCO Cisco Systems Inc. 0.03% 456 $35K New
QCOM Qualcomm Inc. 0.03% 200 $34K New
SCHW Schwab (charles) Corp. 0.03% 334 $33K New
IUSG iShares Core S&P U.S. Growth 0.03% 190 $32K New
COIN Coinbase Global Inc. Class A 0.03% 140 $32K New
IUSV iShares Core S&P U.S. Value 0.02% 290 $30K New
PG The Procter & Gamble Co. 0.02% 196 $28K New
CVS CVS Health Corp. 0.02% 337 $27K New
SOLS Solstice Adv Materials Inc. 0.02% 545 $26K No change
COR Cencora Inc. 0.02% 76 $26K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.02% 152 $23K New
UBER Uber Technologies Inc. 0.02% 270 $22K New
ARKQ ARK Autonomous Tech & Robot 0.02% 190 $22K New
PANW Palo Alto Networks Inc. 0.02% 114 $21K New
IBIT iShares Bitcoin Trust ETF 0.02% 421 $21K New
NOC Northrop Grumman Corp. 0.02% 36 $21K New

Show all 163 holdings

Portfolio Sells Q3 2025 → Q4 2025
ARM Arm Holdings PLC-ADR Reduce -99.9% 0.00% −6.31
NFLX Netflix Inc. Reduce -87.5% 0.62% −5.25
META Meta Platforms Inc. Class A Reduce -48.0% 4.52% −4.40
HOOD Robinhood Markets Inc. Class A Reduce -31.1% 3.02% −2.10
PDI PIMCO Dynamic Income Fund Reduce -20.4% 1.01% −0.30
NKE Nike Inc. Class B Reduce -99.1% 0.00% −0.16
COST Costco Wholesale Corp. Reduce -5.6% 1.37% −0.07
EQIX Equinix Inc. Reduce -7.5% 2.66% −0.05
JOBY Joby Aviation Inc. Reduce -7.8% 0.13% −0.03
XLF SS Financial Select Sector Reduce -13.4% 0.31% −0.01
V Visa Inc. Class A Reduce -10.5% 0.16% −0.00
GE General Electric Reduce -4.1% 0.55% +0.03
WM Waste Management Inc. Reduce -2.7% 0.72% +0.03
GM General Motors Co. Reduce -11.0% 0.20% +0.04
GEV GE Vernova Inc. Reduce -2.0% 0.58% +0.07
QQQ Invesco QQQ Trust Series 1 Reduce -3.3% 3.45% +0.24
TSLA Tesla Inc. Reduce -2.0% 4.39% +0.30

Portfolio Buys Q3 2025 → Q4 2025
LLY Eli Lilly & Co. Add +45.7% 8.84% +4.87
NVDA Nvidia Corp. Add +3.1% 18.83% +1.98
AVGO Broadcom Inc. Add +17.0% 3.95% +0.98
PLTR Palantir Technologies Inc. Class A Add +10.2% 5.63% +0.80
AMZN Amazon.com Inc. Add +1.7% 4.88% +0.67
AAPL Apple Inc. Add +0.4% 3.88% +0.54
UNH Unitedhealth Group Inc. Add +70.4% 0.99% +0.43
BA The Boeing Co. Add +23.3% 1.32% +0.34
SPY SS SPDR S&P 500 ETF Trust-US Add +9.7% 1.65% +0.29
JEPQ JPM Nasdaq Equity Premium Add +11.7% 1.51% +0.28
AMD Advanced Micro Devices New 0.25% +0.25
JPEF JPMorgan Equity Focus ETF New 0.25% +0.25
DIA SS SPDR Dow Jones Indus Avg Add +16.1% 0.98% +0.23
BAC Bank of America Corp. Add +0.0% 1.60% +0.22
XBXMX Nuveen S&P 500 Buy-WR Inc. Add +4.9% 1.48% +0.20
GOOG Alphabet Inc. Class C New 0.20% +0.20
JNJ Johnson & Johnson Add +39.9% 0.45% +0.18
NDMO Nuveen Dynamic Municipal Opp Add +8.9% 1.27% +0.16
XOM Exxon Mobil Corp. New 0.14% +0.14
BRK.B Berkshire Hathaway Inc. Class B New 0.13% +0.13
JPM JPMorgan Chase & Co. Add +3.5% 1.00% +0.13
IBM Intl Business Machines Corp. New 0.12% +0.12
VZ Verizon Communications Inc. New 0.11% +0.11
TSM Taiwan Semiconductor-SP ADR Add +3.1% 0.57% +0.10
HD Home Depot Inc. New 0.10% +0.10
C Citigroup Inc. New 0.09% +0.09
UAL United Airlines Holdings Inc. Add +3.6% 0.39% +0.09
FCX Freeport-McMoran Inc. New 0.09% +0.09
T AT&T Inc. New 0.09% +0.09
MO Altria Group Inc. New 0.08% +0.08
GRAL Grail Inc. New 0.07% +0.07
JCI Johnson Controls Internation New 0.07% +0.07
VEU Vanguard Ftse All-World Ex-U Add +4.3% 0.46% +0.07
IWM iShares Russell 2000 ETF New 0.06% +0.06
WMT Walmart Inc. New 0.06% +0.06
DIS The Walt Disney Co. New 0.06% +0.06
ORLY O'reilly Automotive Inc. New 0.06% +0.06
VBK Van Morst SML-Cap Gro-Usd Inc. Add +1.7% 0.51% +0.05
IRM Iron Mountain Inc. New 0.05% +0.05
AXP American Express Co. New 0.05% +0.05
CVX Chevron Corp. New 0.05% +0.05
GEHC GE Healthcare Technology New 0.05% +0.05
TGT Target Corp. New 0.05% +0.05
WFC Wells Fargo & Co. New 0.05% +0.05
ANET Arista Networks Inc. New 0.04% +0.04
TSCO Tractor Supply Company New 0.04% +0.04
DHR Danaher Corp. New 0.04% +0.04
ORCL Oracle Corp. New 0.04% +0.04
ELF Elf Beauty Inc. New 0.04% +0.04
MA Mastercard Inc. Class A New 0.04% +0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 78$71.9MNVDA, AMZN, GOOGL, TSLA, AAPL
Q1 2026 74$60.1MNVDA, AMZN, GOOGL, TSLA, AAPL
Q4 2025 163$124.0MNVDA, LLY, PLTR, AMZN, META
Q3 2025 51$134.5MNVDA, META, ARM, NFLX, HOOD
Q2 2025 50$106.1MNVDA, META, ARM, NFLX, AMZN
Q1 2025 133$74.1MNVDA, AMZN, TSLA, AAPL, QQQ
Q4 2024 132$194.8MMETA, NVDA, TSLA, AMZN, NFLX
Q3 2024 136$175.5MMETA, NVDA, TSLA, AMZN, NFLX
Q2 2024 138$158.1MMETA, NVDA, AMZN, TSLA, NFLX
Q1 2024 136$144.5MMETA, NVDA, AMZN, TSLA, NFLX