Novare Capital Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 11, 2024), Novare Capital Management LLC reported 190 stock positions worth $1.2 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 5.6% of the portfolio, followed by Microsoft (MSFT, 4.4%) and Apple (AAPL, 3.5%). Compared with Q2 2024, it opened 8 new positions, sold out of 4, added to 76 and reduced 72. The biggest buy was a new position in Fortive (FTV) and the biggest sale Comcast Class A (CMCSA, shares −42%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTE, NC
- CIK
- 0001388409
- Portfolio Value
- $1.2B (Q3 2024)
- SEC Filing
- 0001951757-24-001017 ↗ filed Oct 11, 2024
Holdings Value
Holdings 190 stocks · $1.2B
| SPY SS SPDR S&P 500 ETF Trust-US | 5.57% | 114,438 | $65.7M | Add +2.5% |
| MSFT Microsoft Corp. | 4.39% | 120,296 | $51.8M | Add +0.7% |
| AAPL Apple Inc. | 3.46% | 174,909 | $40.8M | Reduce -1.6% |
| IVV iShares Core S&P 500 ETF | 2.87% | 58,742 | $33.9M | Reduce -1.9% |
| WMT Walmart Inc. | 2.68% | 391,727 | $31.6M | Reduce -1.6% |
| GOOGL Alphabet Inc. Class A | 2.50% | 178,073 | $29.5M | Add +0.0% |
| AVGO Broadcom Inc. | 2.33% | 159,488 | $27.5M | Reduce -3.4% |
| UNH Unitedhealth Group Inc. | 2.29% | 46,237 | $27.0M | Reduce -0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.14% | 54,731 | $25.2M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 2.08% | 131,949 | $24.6M | Add +1.4% |
| VSLU Applied Finance Valuat ETF | 2.01% | 659,425 | $23.7M | Add +12.0% |
| ACN Accenture PLC Class A | 1.96% | 65,339 | $23.1M | Add +3.0% |
| MRK Merck & Co. Inc. | 1.81% | 188,165 | $21.4M | Add +13.3% |
| EMR Emerson Electric Co. | 1.80% | 193,804 | $21.2M | Add +0.8% |
| ROP Roper Technologies Inc. | 1.73% | 36,759 | $20.5M | Add +1.4% |
| NVDA Nvidia Corp. | 1.70% | 164,961 | $20.0M | Add +10.1% |
| JNJ Johnson & Johnson | 1.68% | 122,305 | $19.8M | Reduce -12.2% |
| VZ Verizon Communications Inc. | 1.64% | 431,796 | $19.4M | Add +0.5% |
| JPM JPMorgan Chase & Co. | 1.49% | 83,124 | $17.5M | Reduce -2.1% |
| TXN Texas Instruments Inc. | 1.37% | 77,978 | $16.1M | Add +0.6% |
| TMO Thermo Fisher Scientific Inc. | 1.21% | 23,025 | $14.2M | Add +0.5% |
| HD Home Depot Inc. | 1.20% | 34,942 | $14.2M | Reduce -0.7% |
| ADBE Adobe Inc. | 1.14% | 25,962 | $13.4M | Add +3.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.14% | 186,764 | $13.4M | Reduce -1.4% |
| AMP Ameriprise Financial Inc. | 1.13% | 28,359 | $13.3M | Reduce -0.6% |
| SYK Stryker Corp. | 1.13% | 36,793 | $13.3M | Reduce -1.2% |
| RTX RTX Corp. | 1.10% | 107,199 | $13.0M | Reduce -3.5% |
| TFC Truist Financial Corp. | 1.09% | 299,304 | $12.8M | Add +0.5% |
| CMI Cummins Inc. | 1.08% | 39,440 | $12.8M | Add +0.1% |
| DLR Digital Realty Trust Inc. | 1.07% | 77,958 | $12.6M | Reduce -0.5% |
| LOW Lowe's Cos Inc. | 1.06% | 46,361 | $12.6M | Add +0.5% |
| AME Ametek Inc. | 1.06% | 73,117 | $12.6M | Reduce -1.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.06% | 106,762 | $12.5M | Reduce -1.9% |
| HON Honeywell International Inc. | 1.03% | 58,826 | $12.2M | Add +0.3% |
| ABT Abbott Laboratories | 1.03% | 106,549 | $12.1M | Add +1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.98% | 292,265 | $11.6M | Reduce -5.3% |
| AMLP Alerian MLP ETF | 0.96% | 240,375 | $11.3M | No change |
| GSLC Goldman Activebeta US LC ETF | 0.94% | 98,508 | $11.1M | Reduce -17.4% |
| THO Thor Industries Inc. | 0.94% | 100,632 | $11.1M | Add +1.1% |
| PEP Pepsico Inc. | 0.92% | 64,144 | $10.9M | Add +0.6% |
| ICE Intercontinental Exchange Inc. | 0.92% | 67,393 | $10.8M | Reduce -0.9% |
| CSCO Cisco Systems Inc. | 0.92% | 203,339 | $10.8M | Add +0.7% |
| KVUE Kenvue Inc. | 0.91% | 463,354 | $10.7M | Add +6.7% |
| ABBV Abbvie Inc. | 0.88% | 52,851 | $10.4M | Add +13.0% |
| CHRW C.H. Robinson Worldwide Inc. | 0.88% | 93,532 | $10.3M | Reduce -1.4% |
| LHX L3HARRIS Technologies Inc. | 0.87% | 43,246 | $10.3M | Add +7.1% |
| META Meta Platforms Inc. Class A | 0.85% | 17,455 | $10.0M | Reduce -0.8% |
| CMCSA Comcast Corp. Class A | 0.83% | 233,437 | $9.8M | Reduce -41.7% |
| CVX Chevron Corp. | 0.82% | 65,311 | $9.6M | Add +1.3% |
| MCHP Microchip Technology Inc. | 0.82% | 119,783 | $9.6M | Add +0.2% |
| O Realty Income Corp. | 0.81% | 150,841 | $9.6M | Add +1.0% |
| MOAT Vaneck Morningstar Wide Moat | 0.81% | 98,598 | $9.6M | Add +26.0% |
| ZTS Zoetis Inc. | 0.81% | 48,886 | $9.6M | Reduce -2.0% |
| NEE Nextera Energy Inc. | 0.80% | 112,287 | $9.5M | Add +0.6% |
| V Visa Inc. Class A | 0.79% | 33,898 | $9.3M | Add +1.0% |
| CRM Salesforce Inc. | 0.78% | 33,600 | $9.2M | Add +0.9% |
| AMT American Tower Corp. | 0.75% | 37,849 | $8.8M | Reduce -1.5% |
| MTCH Match Group Inc. | 0.73% | 226,922 | $8.6M | Add +1.3% |
| XLP SS Consumer Staples Sel Sect | 0.72% | 102,199 | $8.5M | Reduce -4.2% |
| XLE SS Energy Select Sector | 0.67% | 89,528 | $7.9M | Reduce -0.5% |
| SOXX iShares Semiconductor ETF | 0.62% | 31,888 | $7.4M | Reduce -0.8% |
| IJH iShares Core S&P Midcap ETF | 0.62% | 117,068 | $7.3M | Add +4.3% |
| FTV Fortive Corp. | 0.58% | 86,794 | $6.9M | New |
| QSR Restaurant Brands Intern | 0.57% | 93,382 | $6.7M | Reduce -0.1% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.56% | 91,265 | $6.6M | Add +0.9% |
| XLF SS Financial Select Sector | 0.55% | 141,974 | $6.4M | Add +0.5% |
| CVS CVS Health Corp. | 0.50% | 94,232 | $5.9M | Reduce -2.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.43% | 64,201 | $5.1M | Reduce -3.9% |
| SCHB Schwab US Broad Market ETF | 0.32% | 56,624 | $3.8M | Reduce -1.9% |
| FDUS Fidus Investment Corp. | 0.31% | 189,485 | $3.7M | Add +0.2% |
| BSCP Invesco Bulletshares 2025 CB | 0.27% | 156,763 | $3.2M | Add +3.5% |
| BSCR Invesco Bulletshares 2027 CB | 0.27% | 162,834 | $3.2M | Add +2.0% |
| IVW iShares S&P 500 Growth ETF | 0.27% | 33,402 | $3.2M | Add +7.8% |
| CGBD Carlyle Secured Lending Inc. | 0.26% | 177,805 | $3.0M | Reduce -15.1% |
| BSCT Invesco Bulletshares 2029 CB | 0.25% | 153,955 | $2.9M | Add +6.5% |
| JPST JPMorgan Ultra-Short Income | 0.24% | 55,096 | $2.8M | Reduce -2.0% |
| BSCQ Invesco Bulletshares 2026 CB | 0.23% | 140,403 | $2.7M | Reduce -1.1% |
| SMH Vaneck Semiconductor ETF | 0.23% | 10,893 | $2.7M | Add +0.2% |
| BSCS Invesco Bulletshares 2028 CB | 0.23% | 129,728 | $2.7M | Add +3.1% |
| BSCU Invesco Bulletshares 2030 CB | 0.22% | 155,751 | $2.6M | Add +1.3% |
| XLC SS Comm Select Sector SPDR | 0.22% | 28,210 | $2.6M | Reduce -3.0% |
| VFH Vanguard Financials ETF | 0.21% | 22,475 | $2.5M | Reduce -6.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.21% | 4,991 | $2.4M | Reduce -46.0% |
| COST Costco Wholesale Corp. | 0.21% | 2,743 | $2.4M | Reduce -6.8% |
| VDC Vanguard Consumer Staple ETF | 0.20% | 10,929 | $2.4M | Reduce -3.3% |
| SCHM Schwab US Mid Cap ETF | 0.19% | 27,594 | $2.3M | Reduce -5.2% |
| BSCV Invesco Bulletshares 2031 CB | 0.18% | 125,789 | $2.1M | Add +11.0% |
| XLK SS Technology Select Sector | 0.18% | 9,251 | $2.1M | Reduce -1.3% |
| BKNG Booking Holdings Inc. | 0.17% | 476 | $2.0M | Add +2.4% |
| INTU Intuit Inc. | 0.17% | 3,155 | $2.0M | Reduce -3.1% |
| VIG Vanguard Dividend Apprec ETF | 0.16% | 9,436 | $1.9M | Add +0.6% |
| FALN iShares Fallen Angels ETF | 0.16% | 68,086 | $1.9M | Add +12.2% |
| AMD Advanced Micro Devices | 0.16% | 11,261 | $1.8M | Add +2.6% |
| SCHX Schwab US Large-Cap ETF | 0.15% | 26,270 | $1.8M | Add +0.1% |
| VOO Vanguard S&P 500 ETF | 0.14% | 3,142 | $1.7M | Add +0.9% |
| PRF Invesco Rafi US 1000 ETF | 0.14% | 40,060 | $1.6M | Reduce -1.0% |
| KO The Coca-Cola Co. | 0.13% | 21,958 | $1.6M | Reduce -2.0% |
| WSM Williams-Sonoma Inc. | 0.13% | 10,145 | $1.6M | Reduce -15.6% |
| PG The Procter & Gamble Co. | 0.13% | 8,867 | $1.5M | Reduce -2.5% |
| BSCO Invesco Bulletshares 2024 CB | 0.12% | 69,574 | $1.5M | Reduce -18.5% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $685K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 538 | $685K | Reduce -18.0% |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q2 2024 → Q3 2024
| CMCSA Comcast Corp. Class A | Reduce -41.7% | 0.83% | −0.58 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.44 |
| GSLC Goldman Activebeta US LC ETF | Reduce -17.4% | 0.94% | −0.20 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -46.0% | 0.21% | −0.19 |
| JNJ Johnson & Johnson | Reduce -12.2% | 1.68% | −0.15 |
| BAC Bank of America Corp. | Reduce -5.3% | 0.98% | −0.12 |
| SOXX iShares Semiconductor ETF | Reduce -0.8% | 0.62% | −0.09 |
| CGBD Carlyle Secured Lending Inc. | Reduce -15.1% | 0.26% | −0.08 |
| IVV iShares Core S&P 500 ETF | Reduce -1.9% | 2.87% | −0.07 |
| XLE SS Energy Select Sector | Reduce -0.5% | 0.67% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -2.1% | 1.49% | −0.06 |
| AME Ametek Inc. | Reduce -1.9% | 1.06% | −0.05 |
| AVGO Broadcom Inc. | Reduce -3.4% | 2.33% | −0.05 |
| DIS The Walt Disney Co. | Reduce -28.7% | 0.07% | −0.04 |
| BSCO Invesco Bulletshares 2024 CB | Reduce -18.5% | 0.12% | −0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -3.9% | 0.43% | −0.03 |
| INTU Intuit Inc. | Reduce -3.1% | 0.17% | −0.03 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.02 |
| VGT Vanguard Info Tech ETF | Sold out | 0.00% | −0.02 |
| QSR Restaurant Brands Intern | Reduce -0.1% | 0.57% | −0.02 |
| PII Polaris Inc. | Reduce -45.1% | 0.02% | −0.02 |
| VSTO Vista Outdoor Inc. | Sold out | 0.00% | −0.02 |
| WSM Williams-Sonoma Inc. | Reduce -15.6% | 0.13% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -6.8% | 0.21% | −0.02 |
| JPST JPMorgan Ultra-Short Income | Reduce -2.0% | 0.24% | −0.02 |
| XLP SS Consumer Staples Sel Sect | Reduce -4.2% | 0.72% | −0.02 |
| TJX TJX Companies Inc. | Reduce -1.9% | 1.06% | −0.01 |
| XLK SS Technology Select Sector | Reduce -1.3% | 0.18% | −0.01 |
| SYK Stryker Corp. | Reduce -1.2% | 1.13% | −0.01 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -1.1% | 0.23% | −0.01 |
| CVS CVS Health Corp. | Reduce -2.2% | 0.50% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -0.9% | 0.06% | −0.01 |
| SCHM Schwab US Mid Cap ETF | Reduce -5.2% | 0.19% | −0.01 |
| SUSB iShares ESG Aware 1-5 Year U | Reduce -11.4% | 0.05% | −0.01 |
| IGV iShares Expanded Tech-Softwa | Reduce -5.3% | 0.10% | −0.01 |
| BA The Boeing Co. | Reduce -12.8% | 0.02% | −0.01 |
| XLC SS Comm Select Sector SPDR | Reduce -3.0% | 0.22% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -1.9% | 0.32% | −0.01 |
| SAMG Silvercrest Asset Manageme-A | Reduce -11.5% | 0.07% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -0.4% | 0.12% | −0.01 |
| VFH Vanguard Financials ETF | Reduce -6.0% | 0.21% | −0.01 |
| JEPI JPMorgan Equity Premium Inco | Reduce -5.0% | 0.08% | −0.00 |
| PG The Procter & Gamble Co. | Reduce -2.5% | 0.13% | −0.00 |
| VDC Vanguard Consumer Staple ETF | Reduce -3.3% | 0.20% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -6.2% | 0.03% | −0.00 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -3.0% | 0.02% | −0.00 |
| DLR Digital Realty Trust Inc. | Reduce -0.5% | 1.07% | −0.00 |
| TRGP Targa Resources Corp. | Reduce -13.5% | 0.03% | −0.00 |
| GPN Global Payments Inc. | Reduce -2.0% | 0.07% | −0.00 |
| FBNC First Bancorp | Reduce -22.1% | 0.02% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| FTV Fortive Corp. | New | 0.58% | +0.58 |
| ACN Accenture PLC Class A | Add +3.0% | 1.96% | +0.23 |
| VSLU Applied Finance Valuat ETF | Add +12.0% | 2.01% | +0.20 |
| MOAT Vaneck Morningstar Wide Moat | Add +26.0% | 0.81% | +0.20 |
| KVUE Kenvue Inc. | Add +6.7% | 0.91% | +0.20 |
| ABBV Abbvie Inc. | Add +13.0% | 0.88% | +0.16 |
| LOW Lowe's Cos Inc. | Add +0.5% | 1.06% | +0.15 |
| MTCH Match Group Inc. | Add +1.3% | 0.73% | +0.12 |
| CMI Cummins Inc. | Add +0.1% | 1.08% | +0.10 |
| O Realty Income Corp. | Add +1.0% | 0.81% | +0.10 |
| THO Thor Industries Inc. | Add +1.1% | 0.94% | +0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.5% | 5.57% | +0.10 |
| NEE Nextera Energy Inc. | Add +0.6% | 0.80% | +0.09 |
| IJR iShares Core S&P Small-Cap E | New | 0.09% | +0.09 |
| TMO Thermo Fisher Scientific Inc. | Add +0.5% | 1.21% | +0.07 |
| LHX L3HARRIS Technologies Inc. | Add +7.1% | 0.87% | +0.06 |
| CSCO Cisco Systems Inc. | Add +0.7% | 0.92% | +0.05 |
| VZ Verizon Communications Inc. | Add +0.5% | 1.64% | +0.05 |
| ABT Abbott Laboratories | Add +1.4% | 1.03% | +0.05 |
| TFC Truist Financial Corp. | Add +0.5% | 1.09% | +0.04 |
| BSCW Invesco Bulletshares 2032 CB | New | 0.04% | +0.04 |
| NVDA Nvidia Corp. | Add +10.1% | 1.70% | +0.03 |
| ARI Apollo Commercial Real Estat | Add +126.4% | 0.06% | +0.03 |
| BSCX Invesco Bulletshares 2033 CB | New | 0.03% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Add +4.3% | 0.62% | +0.03 |
| XLF SS Financial Select Sector | Add +0.5% | 0.55% | +0.02 |
| HALO Halozyme Therapeutics Inc. | New | 0.02% | +0.02 |
| ENB Enbridge Inc. | New | 0.02% | +0.02 |
| SON Sonoco Products Co. | New | 0.02% | +0.02 |
| XLB SS Materials Select Sector | Add +36.0% | 0.06% | +0.02 |
| FTNT Fortinet Inc. | New | 0.02% | +0.02 |
| BSCV Invesco Bulletshares 2031 CB | Add +11.0% | 0.18% | +0.02 |
| LLY Eli Lilly & Co. | Add +74.5% | 0.04% | +0.01 |
| FALN iShares Fallen Angels ETF | Add +12.2% | 0.16% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +7.8% | 0.27% | +0.01 |
| TSLA Tesla Inc. | Add +0.9% | 0.06% | +0.01 |
| VRT Vertiv Holdings Co. Class A | Add +44.8% | 0.03% | +0.01 |
| BSCT Invesco Bulletshares 2029 CB | Add +6.5% | 0.25% | +0.01 |
| DUK Duke Energy Corp. | Add +0.5% | 0.11% | +0.01 |
| TXN Texas Instruments Inc. | Add +0.6% | 1.37% | +0.01 |
| CRM Salesforce Inc. | Add +0.9% | 0.78% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +8.5% | 0.08% | +0.01 |
| XLRE SS Real Estate Select Sector | Add +6.4% | 0.06% | +0.01 |
| GPC Genuine Parts Co. | Add +29.0% | 0.04% | +0.01 |
| T AT&T Inc. | Add +1.3% | 0.06% | +0.01 |
| EAGG iShares ESG Aware US Aggrega | Add +10.1% | 0.06% | +0.00 |
| SO The Southern Co. | Add +0.4% | 0.05% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +0.6% | 0.16% | +0.00 |
| BKNG Booking Holdings Inc. | Add +2.4% | 0.17% | +0.00 |
| BMY Bristol-Myers Squibb Co. | Add +2.1% | 0.02% | +0.00 |
Notes & Other Activity Q2 2024 → Q3 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -18.0% | 538 | $685K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 209 | $1.4B | SPY, AAPL, IVV, GOOGL, XLK |
| Q1 2026 | 194 | $1.3B | SPY, AAPL, IVV, MSFT, GOOGL |
| Q4 2025 | 194 | $1.3B | SPY, AAPL, MSFT, GOOGL, IVV |
| Q3 2025 | 192 | $1.3B | SPY, MSFT, AAPL, IVV, AVGO |
| Q2 2025 | 196 | $1.2B | SPY, MSFT, IVV, AVGO, AAPL |
| Q1 2025 | 187 | $1.1B | SPY, MSFT, AAPL, IVV, WMT |
| Q4 2024 | 185 | $1.2B | SPY, MSFT, AAPL, AVGO, IVV |
| Q3 2024 | 190 | $1.2B | SPY, MSFT, AAPL, IVV, WMT |
| Q2 2024 | 186 | $1.1B | SPY, MSFT, AAPL, IVV, GOOGL |
| Q1 2024 | 182 | $1.1B | SPY, MSFT, AAPL, IVV, GOOGL |