New Capital Management LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 14, 2026), New Capital Management LP reported 60 stock positions worth $439.0 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 26.0% of the portfolio, followed by Dimensional World Ex US Core (DFAX, 20.2%) and Berkshire Hathaway Class B (BRK.B, 12.2%). Compared with Q1 2026, it opened 2 new positions, sold out of 1, added to 32 and reduced 11. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +0%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001696731
- Portfolio Value
- $439.0M (Q2 2026)
- SEC Filing
- 0001696731-26-000003 ↗ filed Jul 14, 2026
Holdings Value
Holdings 60 stocks · $439.0M
| DFAC Dimensional US Core Equity 2 | 25.97% | 2,570,196 | $114.0M | Add +0.5% |
| DFAX Dimensional World Ex US Core | 20.22% | 2,410,224 | $88.8M | Add +0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 12.21% | 107,130 | $53.6M | Reduce -0.0% |
| AAPL Apple Inc. | 5.09% | 77,278 | $22.4M | Reduce -0.1% |
| EBI Longview Advantage ETF | 3.16% | 213,409 | $13.9M | No change |
| DFSU Dimensional US Sus CORE1 ETF | 2.63% | 247,912 | $11.6M | Add +0.2% |
| BINC iShares Flex I A ETF-Usd Inc. | 2.60% | 218,332 | $11.4M | Add +1.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 2.07% | 196,719 | $9.1M | Add +1.5% |
| DFSI Dimensional Int Sus COR1 ETF | 1.85% | 179,986 | $8.1M | Reduce -0.1% |
| IAGG iShares Intl Aggregate Bond | 1.77% | 153,832 | $7.8M | Add +0.9% |
| PEP Pepsico Inc. | 1.63% | 52,772 | $7.1M | No change |
| GOOG Alphabet Inc. Class C | 1.44% | 17,896 | $6.3M | Reduce -0.2% |
| NVDA Nvidia Corp. | 1.30% | 28,473 | $5.7M | Add +0.1% |
| DFGR Dim Global Real Estate ETF | 1.27% | 192,558 | $5.6M | Add +1.0% |
| STIP iShares 0-5 Year Tips Bond E | 1.21% | 52,036 | $5.3M | Add +1.1% |
| TFLO iShares Treasury Floating Ra | 1.14% | 98,704 | $5.0M | Reduce -2.0% |
| JBND JPMorgan Active Bond ETF | 1.00% | 82,073 | $4.4M | Add +1.1% |
| VGMS Vanguard Multi-Sector | 1.00% | 85,575 | $4.4M | Add +1.2% |
| JPIB JPMorgan Intl BND ETF | 0.93% | 84,820 | $4.1M | Add +0.8% |
| IBIT iShares Bitcoin Trust ETF | 0.91% | 119,587 | $4.0M | Reduce -1.8% |
| CEMB iShares JP Morgan Em Corpora | 0.88% | 84,864 | $3.9M | Add +1.0% |
| GHYG iShares Us&intl High Yield C | 0.88% | 84,919 | $3.8M | Add +1.1% |
| LEMB iShares JP Morgan Em Local C | 0.88% | 90,597 | $3.8M | Add +0.9% |
| ISHG iShares -3 Year Internationa | 0.86% | 50,810 | $3.8M | Add +1.1% |
| IAU iShares Gold Trust | 0.81% | 47,193 | $3.6M | Add +6.6% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.76% | 67,834 | $3.3M | Reduce -0.7% |
| MSFT Microsoft Corp. | 0.71% | 8,369 | $3.1M | Add +0.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.64% | 25,898 | $2.8M | Add +0.8% |
| VT Vanguard Tot World STK ETF | 0.38% | 10,542 | $1.7M | Add +0.2% |
| YUM Yum! Brands Inc. | 0.32% | 8,662 | $1.4M | No change |
| GOOGL Alphabet Inc. Class A | 0.25% | 3,108 | $1.1M | Add +0.8% |
| KIM Kimco Realty Corp. | 0.25% | 43,254 | $1.1M | No change |
| AMZN Amazon.com Inc. | 0.25% | 4,523 | $1.1M | Add +2.2% |
| MA Mastercard Inc. Class A | 0.22% | 1,875 | $963K | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.22% | 1,683 | $948K | Add +0.5% |
| ABBV Abbvie Inc. | 0.19% | 3,263 | $821K | Add +0.3% |
| COST Costco Wholesale Corp. | 0.19% | 869 | $813K | Add +0.8% |
| ACWI iShares MSCI Acwi ETF | 0.16% | 4,575 | $718K | No change |
| AVGO Broadcom Inc. | 0.15% | 1,712 | $647K | Reduce -1.7% |
| AOR iShares Core 60/40 Balanced | 0.14% | 8,985 | $624K | Add +3.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.14% | 802 | $599K | No change |
| NFLX Netflix Inc. | 0.12% | 7,440 | $531K | Add +0.8% |
| XOM Exxon Mobil Corp. | 0.11% | 3,396 | $464K | Add +1.2% |
| LLY Eli Lilly & Co. | 0.09% | 340 | $408K | Add +4.3% |
| AOA iShares Core 80/20 Aggressiv | 0.09% | 3,903 | $381K | Add +8.5% |
| YUMC Yum China Holdings Inc. | 0.08% | 8,853 | $362K | No change |
| MELI MercadoLibre Inc. | 0.08% | 203 | $345K | No change |
| WBD Warner Bros Discovery Inc. | 0.08% | 12,700 | $339K | No change |
| HD Home Depot Inc. | 0.08% | 958 | $338K | No change |
| VUSB Vanguard Ultra Short Bond Et | 0.07% | 6,323 | $315K | Reduce -25.1% |
| ICSH iShares Ultra Short Duration | 0.07% | 6,067 | $307K | Reduce -25.6% |
| CMI Cummins Inc. | 0.06% | 374 | $267K | No change |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.06% | 5,003 | $255K | No change |
| IWB iShares Russell 1000 ETF | 0.06% | 622 | $255K | New |
| DFCF Dimensional Core Fixed Inc. | 0.06% | 5,754 | $243K | No change |
| VTOL Bristow Group Inc. | 0.05% | 5,776 | $239K | Add +0.3% |
| AON Aon PLC Class A | 0.05% | 707 | $235K | No change |
| SGOV iShares 0-3 Month Treasury B | 0.05% | 2,092 | $211K | Reduce -34.1% |
| AGG iShares Core U.S. Aggregate | 0.05% | 2,117 | $210K | No change |
| IWF iShares Russell 1000 Growth | 0.05% | 1,620 | $201K | New |
Portfolio Sells Q1 2026 → Q2 2026
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.0% | 12.21% | −0.45 |
| IBIT iShares Bitcoin Trust ETF | Reduce -1.8% | 0.91% | −0.25 |
| TFLO iShares Treasury Floating Ra | Reduce -2.0% | 1.14% | −0.12 |
| NEAR iShares SH Dba ETF Usd Inc. | Sold out | 0.00% | −0.05 |
| DFSI Dimensional Int Sus COR1 ETF | Reduce -0.1% | 1.85% | −0.03 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -25.1% | 0.07% | −0.03 |
| ICSH iShares Ultra Short Duration | Reduce -25.6% | 0.07% | −0.03 |
| SGOV iShares 0-3 Month Treasury B | Reduce -34.1% | 0.05% | −0.03 |
| AVGO Broadcom Inc. | Reduce -1.7% | 0.15% | +0.01 |
| DFSE Dimensional Em Sus CORE1 ETF | Reduce -0.7% | 0.76% | +0.04 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 1.44% | +0.17 |
| AAPL Apple Inc. | Reduce -0.1% | 5.09% | +0.25 |
Portfolio Buys Q1 2026 → Q2 2026
| DFAC Dimensional US Core Equity 2 | Add +0.5% | 25.97% | +1.47 |
| DFAX Dimensional World Ex US Core | Add +0.9% | 20.22% | +0.23 |
| DFSU Dimensional US Sus CORE1 ETF | Add +0.2% | 2.63% | +0.13 |
| NVDA Nvidia Corp. | Add +0.1% | 1.30% | +0.07 |
| IWB iShares Russell 1000 ETF | New | 0.06% | +0.06 |
| IWF iShares Russell 1000 Growth | New | 0.05% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 0.25% | +0.03 |
| DFGR Dim Global Real Estate ETF | Add +1.0% | 1.27% | +0.02 |
| LLY Eli Lilly & Co. | Add +4.3% | 0.09% | +0.02 |
| AMZN Amazon.com Inc. | Add +2.2% | 0.25% | +0.02 |
| VT Vanguard Tot World STK ETF | Add +0.2% | 0.38% | +0.02 |
| ABBV Abbvie Inc. | Add +0.3% | 0.19% | +0.01 |
| AOA iShares Core 80/20 Aggressiv | Add +8.5% | 0.09% | +0.01 |
| AOR iShares Core 60/40 Balanced | Add +3.0% | 0.14% | +0.00 |
| MA Mastercard Inc. Class A | Add +1.1% | 0.22% | −0.01 |
| VTOL Bristow Group Inc. | Add +0.3% | 0.05% | −0.01 |
| META Meta Platforms Inc. Class A | Add +0.5% | 0.22% | −0.02 |
| COST Costco Wholesale Corp. | Add +0.8% | 0.19% | −0.03 |
| LEMB iShares JP Morgan Em Local C | Add +0.9% | 0.88% | −0.03 |
| XOM Exxon Mobil Corp. | Add +1.2% | 0.11% | −0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +0.8% | 0.64% | −0.05 |
| MSFT Microsoft Corp. | Add +0.3% | 0.71% | −0.05 |
| NFLX Netflix Inc. | Add +0.8% | 0.12% | −0.05 |
| CEMB iShares JP Morgan Em Corpora | Add +1.0% | 0.88% | −0.06 |
| JPIB JPMorgan Intl BND ETF | Add +0.8% | 0.93% | −0.06 |
| GHYG iShares Us&intl High Yield C | Add +1.1% | 0.88% | −0.06 |
| ISHG iShares -3 Year Internationa | Add +1.1% | 0.86% | −0.06 |
| VGMS Vanguard Multi-Sector | Add +1.2% | 1.00% | −0.06 |
| JBND JPMorgan Active Bond ETF | Add +1.1% | 1.00% | −0.08 |
| STIP iShares 0-5 Year Tips Bond E | Add +1.1% | 1.21% | −0.10 |
| IAGG iShares Intl Aggregate Bond | Add +0.9% | 1.77% | −0.11 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +1.5% | 2.07% | −0.14 |
| IAU iShares Gold Trust | Add +6.6% | 0.81% | −0.15 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +1.3% | 2.60% | −0.16 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 60 | $439.0M | DFAC, DFAX, BRK.B, AAPL, EBI |
| Q1 2026 | 59 | $405.7M | DFAC, DFAX, BRK.B, AAPL, EBI |
| Q4 2025 | 55 | $398.1M | DFAC, DFAX, BRK.B, AAPL, EBI |
| Q3 2025 | 54 | $381.7M | DFAC, DFAX, BRK.B, AAPL, EBI |
| Q2 2025 | 56 | $358.3M | DFAC, DFAX, BRK.B, AAPL, EBI |
| Q1 2025 | 50 | $348.5M | DFAC, BRK.B, DFAX, AAPL, BINC |
| Q4 2024 | 51 | $342.0M | DFAC, DFAX, BRK.B, AAPL, DFSU |
| Q3 2024 | 52 | $354.3M | DFAC, DFAX, BRK.B, AAPL, AGG |
| Q2 2024 | 54 | $325.9M | DFAC, DFAX, BRK.B, AAPL, AGG |
| Q1 2024 | 57 | $334.9M | DFAC, DFAX, BRK.B, AGG, AAPL |