PCM Encore, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 11, 2026), PCM Encore, LLC reported 459 stock positions worth $569.2 million. Its top holding was Nvidia (NVDA) at 4.6% of the portfolio, followed by Apple (AAPL, 4.4%) and Alphabet Class A (GOOGL, 3.5%). Compared with Q1 2026, it opened 54 new positions, sold out of 41, added to 144 and reduced 227. The biggest buy was Micron Technology (MU, shares +14%) and the biggest sale Microsoft (MSFT, shares −3%).

Most Recent 13F
Q2 2026
Location
Aspen, CO
CIK
0002109846
Portfolio Value
$569.2M (Q2 2026)
SEC Filing
0001420506-26-001515 ↗ filed Aug 11, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q4 2025: $470.0M Q4 2025 Q1 2026: $486.1M Q1 2026 Q2 2026: $569.2M $569.2M Q2 2026

Holdings 459 stocks · $569.2M
NVDA Nvidia Corp. 4.56% 129,660 $25.9M Reduce -3.4%
AAPL Apple Inc. 4.45% 87,454 $25.3M Add +0.0%
GOOGL Alphabet Inc. Class A 3.50% 55,762 $19.9M Reduce -0.9%
MSFT Microsoft Corp. 3.02% 46,079 $17.2M Reduce -2.7%
TSM Taiwan Semiconductor-SP ADR 2.88% 34,343 $16.4M Add +0.1%
VOO Vanguard S&P 500 ETF 2.52% 20,914 $14.4M Add +40.5%
IWM iShares Russell 2000 ETF 2.20% 41,698 $12.5M Add +17.5%
AMZN Amazon.com Inc. 2.15% 51,255 $12.2M Reduce -0.0%
AVGO Broadcom Inc. 1.88% 28,345 $10.7M Add +0.1%
LLY Eli Lilly & Co. 1.86% 8,838 $10.6M Reduce -0.2%
IVV iShares Core S&P 500 ETF 1.62% 12,340 $9.2M Reduce -18.9%
IEMG iShares Core MSCI Emerging 1.43% 98,540 $8.2M Add +14.8%
RSP Invesco S&P 500 Equal Weight 1.39% 37,230 $7.9M Add +18.3%
VEA Vanguard Ftse Developed ETF 1.38% 110,196 $7.9M Add +51.4%
MU Micron Technology Inc. 1.37% 6,750 $7.8M Add +13.8%
META Meta Platforms Inc. Class A 1.23% 12,442 $7.0M Reduce -1.0%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 1.18% 76,663 $6.7M Add +53.6%
LRCX Lam Research Corp. 1.18% 15,518 $6.7M Add +0.4%
TSLA Tesla Inc. 1.11% 15,012 $6.3M Reduce -1.4%
AMD Advanced Micro Devices 1.08% 10,628 $6.2M Add +1.3%
BRK.B Berkshire Hathaway Inc. Class B 1.07% 12,198 $6.1M Reduce -2.8%
JPM JPMorgan Chase & Co. 0.97% 16,805 $5.5M Add +0.2%
CAT Caterpillar Inc. 0.94% 5,019 $5.3M Reduce -1.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.92% 24,079 $5.2M Add +57.8%
IWY iShares Russell Top 200 Grow 0.88% 17,293 $5.0M Reduce -13.5%
XOM Exxon Mobil Corp. 0.87% 36,113 $4.9M Reduce -1.3%
IEFA iShares Core MSCI Eafe ETF 0.86% 50,648 $4.9M Reduce -14.1%
EVTR Eaton Vance Total Return 0.80% 89,772 $4.6M Add +38.9%
V Visa Inc. Class A 0.68% 11,201 $3.8M Add +3.3%
EVSD Eaton Vance SHRT Dur Inc. 0.62% 69,240 $3.5M Add +36.7%
SNDK Sandisk Corp. 0.58% 1,453 $3.3M Reduce -0.8%
GE General Electric filed as GE AEROSPACE 0.56% 8,549 $3.2M Reduce -2.0%
GOOG Alphabet Inc. Class C 0.53% 8,490 $3.0M Reduce -10.8%
WMT Walmart Inc. 0.53% 26,388 $3.0M Reduce -4.4%
IVE iShares S&P 500 Value ETF 0.51% 12,899 $2.9M Reduce -18.5%
WDC Western Digital Corp. 0.51% 4,576 $2.9M Reduce -0.3%
NFLX Netflix Inc. 0.50% 39,983 $2.9M Reduce -4.7%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.50% 1,433 $2.9M Add +10.7%
ABBV Abbvie Inc. 0.49% 10,979 $2.8M Add +4.3%
BAC Bank of America Corp. 0.48% 47,801 $2.7M Reduce -2.6%
GS Goldman Sachs Group Inc. 0.47% 2,651 $2.7M Reduce -0.5%
COST Costco Wholesale Corp. 0.47% 2,838 $2.7M Add +2.2%
INTC Intel Corp. 0.46% 18,770 $2.6M Add +11.0%
MRVL Marvell Technology Inc. 0.45% 8,554 $2.5M Add +2.2%
CVX Chevron Corp. 0.44% 15,066 $2.5M Reduce -0.1%
AMAT Applied Materials Inc. 0.43% 3,423 $2.5M Add +43.3%
MRK Merck & Co. Inc. 0.41% 17,958 $2.3M Reduce -0.2%
GEV GE Vernova Inc. 0.40% 1,938 $2.3M Add +0.1%
MA Mastercard Inc. Class A 0.40% 4,393 $2.3M No change
SHEL Shell PLC-ADR 0.34% 25,294 $2.0M Reduce -2.2%
NVS Novartis AG-Sponsored ADR 0.34% 12,510 $2.0M Reduce -0.8%
JNJ Johnson & Johnson 0.34% 7,539 $1.9M Add +0.7%
CSCO Cisco Systems Inc. 0.33% 15,932 $1.9M Add +51.6%
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC 0.33% 17,678 $1.9M Add +1.8%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.32% 19,447 $1.8M Add +1.6%
IBN Icici Bank Ltd.-Spon ADR 0.32% 62,356 $1.8M Add +2.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.32% 20,952 $1.8M Reduce -0.8%
UNH Unitedhealth Group Inc. 0.31% 4,200 $1.7M Add +43.1%
SHG Shinhan Financial Group-ADR 0.30% 26,632 $1.7M Add +1.9%
CNQ Canadian Natural Resources 0.29% 41,613 $1.6M Reduce -1.2%
SCCO Southern Copper Corp. 0.29% 9,342 $1.6M Add +1.1%
AMGN Amgen Inc. 0.28% 4,405 $1.6M Reduce -0.1%
PM Philip Morris International 0.28% 8,780 $1.6M Add +1.6%
RTX RTX Corp. 0.27% 8,176 $1.6M Reduce -2.8%
MPC Marathon Petroleum Corp. 0.27% 6,049 $1.5M Reduce -0.1%
CLS Celestica Inc. 0.27% 4,235 $1.5M Reduce -30.3%
AZN Astrazeneca PLC 0.27% 8,087 $1.5M Reduce -0.3%
HD Home Depot Inc. 0.27% 4,338 $1.5M Reduce -25.9%
CMI Cummins Inc. 0.26% 2,086 $1.5M Add +1.4%
PANW Palo Alto Networks Inc. 0.26% 4,313 $1.5M Add +10.6%
BLK BlackRock Inc. 0.26% 1,529 $1.5M Add +1.7%
TD Toronto-Dominion Bank 0.26% 12,015 $1.5M Add +1.6%
TTE Totalenergies SE 0.25% 18,659 $1.5M Reduce -0.4%
BSV Vanguard Short-Term Bond ETF 0.25% 18,342 $1.4M Reduce -5.7%
BIV Vanguard Intermediate-Term B 0.25% 18,545 $1.4M Reduce -5.2%
RY Royal Bank of Canada 0.25% 6,790 $1.4M Add +1.0%
SAP Sap SE-Sponsored ADR 0.25% 9,095 $1.4M Reduce -1.3%
KO The Coca-Cola Co. 0.24% 17,138 $1.4M Reduce -2.2%
RDY Dr. Reddy's Laboratories-ADR 0.24% 93,212 $1.4M Add +11.3%
BTI British American Tob-SP ADR 0.23% 21,363 $1.3M Reduce -0.1%
UL Unilever PLC-Sponsored ADR 0.23% 21,655 $1.3M Reduce -2.3%
MS Morgan Stanley 0.23% 6,183 $1.3M Reduce -1.5%
LIN Linde PLC 0.23% 2,484 $1.3M Reduce -1.1%
VST Vistra Corp. 0.22% 8,035 $1.3M Reduce -0.5%
PG The Procter & Gamble Co. 0.22% 8,687 $1.3M Reduce -37.7%
COHR Coherent Corp. 0.22% 3,153 $1.2M Reduce -0.3%
TAK Takeda Pharmaceutic-SP ADR 0.21% 76,278 $1.2M Reduce -0.8%
COP Conocophillips 0.21% 11,755 $1.2M Add +0.5%
PH Parker Hannifin Corp. 0.21% 1,204 $1.2M Reduce -0.4%
UMC United Microelectron-SP ADR 0.21% 42,950 $1.2M Add +6.9%
WIT Wipro Ltd.-ADR 0.20% 508,247 $1.1M Add +45.6%
EVSM Eaton Vance SHRT Dur Muni 0.20% 22,622 $1.1M Add +84.1%
ANET Arista Networks Inc. 0.20% 6,629 $1.1M Reduce -2.1%
WFC Wells Fargo & Co. 0.20% 13,540 $1.1M Reduce -4.5%
LPL LG Display Co. Ltd.-ADR 0.20% 287,276 $1.1M Add +89.2%
MCD McDonald's Corp. 0.20% 4,130 $1.1M Reduce -9.0%
KEP Korea Elec Power Corp.-SP ADR 0.20% 92,228 $1.1M Add +94.3%
ORCL Oracle Corp. 0.19% 7,485 $1.1M Reduce -6.9%
AZO AutoZone Inc. 0.19% 341 $1.1M Reduce -1.7%
SKM SK Telecom Co. Ltd.-Spon ADR 0.19% 33,758 $1.1M Add +89.4%

Show all 459 holdings

Portfolio Sells Q1 2026 → Q2 2026
MSFT Microsoft Corp. Reduce -2.7% 3.02% −0.59
IVV iShares Core S&P 500 ETF Reduce -18.9% 1.62% −0.42
XOM Exxon Mobil Corp. Reduce -1.3% 0.87% −0.41
NFLX Netflix Inc. Reduce -4.7% 0.50% −0.33
NVDA Nvidia Corp. Reduce -3.4% 4.56% −0.26
META Meta Platforms Inc. Class A Reduce -1.0% 1.23% −0.25
IEFA iShares Core MSCI Eafe ETF Reduce -14.1% 0.86% −0.24
CVX Chevron Corp. Reduce -0.1% 0.44% −0.20
PG The Procter & Gamble Co. Reduce -37.7% 0.22% −0.19
WMT Walmart Inc. Reduce -4.4% 0.53% −0.18
IVE iShares S&P 500 Value ETF Reduce -18.5% 0.51% −0.17
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.8% 1.07% −0.16
HDB HDFC Bank Ltd.-ADR Reduce -65.6% 0.07% −0.16
VTI VG Morningstar TS MKT ETF-US Reduce -50.8% 0.15% −0.16
SHEL Shell PLC-ADR Reduce -2.2% 0.34% −0.15
PLTR Palantir Technologies Inc. Class A Reduce -23.2% 0.16% −0.15
IWY iShares Russell Top 200 Grow Reduce -13.5% 0.88% −0.14
CNQ Canadian Natural Resources Reduce -1.2% 0.29% −0.13
HD Home Depot Inc. Reduce -25.9% 0.27% −0.13
INTU Intuit Inc. Reduce -57.7% 0.04% −0.13
JEPI JPMorgan Equity Premium Inco Reduce -36.0% 0.14% −0.12
VXF Vanguard Extended Market ETF Sold out 0.00% −0.12
INFY Infosys Ltd.-SP ADR Reduce -16.2% 0.14% −0.11
ADBE Adobe Inc. Sold out 0.00% −0.10
HON Honeywell International Inc. Reduce -2.8% 0.07% −0.10
TTE Totalenergies SE Reduce -0.4% 0.25% −0.10
MCD McDonald's Corp. Reduce -9.0% 0.20% −0.09
BABA Alibaba Group Holding-SP ADR Reduce -1.9% 0.16% −0.09
ABT Abbott Laboratories Sold out 0.00% −0.08
CRM Salesforce Inc. Reduce -7.1% 0.16% −0.08
IDV iShares International Select Reduce -49.1% 0.06% −0.08
CLS Celestica Inc. Reduce -30.3% 0.27% −0.08
HOLX Hologic Inc. Sold out 0.00% −0.08
TAK Takeda Pharmaceutic-SP ADR Reduce -0.8% 0.21% −0.08
OXY Occidental Petroleum Corp. Reduce -21.1% 0.08% −0.08
SAP Sap SE-Sponsored ADR Reduce -1.3% 0.25% −0.08
DIS The Walt Disney Co. Sold out 0.00% −0.07
KGC Kinross Gold Corp. Sold out 0.00% −0.07
DOLE Dole PLC Sold out 0.00% −0.07
LOW Lowe's Cos Inc. Reduce -25.9% 0.10% −0.07
ISRG Intuitive Surgical Inc. Reduce -11.2% 0.14% −0.07
CME Cme Group Inc. Reduce -9.6% 0.09% −0.07
IEF iShares 7-10 Year Treasury B Reduce -50.3% 0.05% −0.07
TMUS T-Mobile US Inc. Reduce -5.1% 0.12% −0.07
KR Kroger Co. Sold out 0.00% −0.06
DOW Dow Inc. Sold out 0.00% −0.06
AEM Agnico Eagle Mines Ltd. Reduce -2.8% 0.11% −0.06
NTR Nutrien Ltd. Reduce -10.2% 0.11% −0.06
BSV Vanguard Short-Term Bond ETF Reduce -5.7% 0.25% −0.06
RTX RTX Corp. Reduce -2.8% 0.27% −0.06

Portfolio Buys Q1 2026 → Q2 2026
MU Micron Technology Inc. Add +13.8% 1.37% +0.96
VOO Vanguard S&P 500 ETF Add +40.5% 2.52% +0.69
AMD Advanced Micro Devices Add +1.3% 1.08% +0.65
LRCX Lam Research Corp. Add +0.4% 1.18% +0.50
TSM Taiwan Semiconductor-SP ADR Add +0.1% 2.88% +0.50
MGK Vngrd Mrgstr MG CP GR ETF-Ui Add +53.6% 1.18% +0.43
VEA Vanguard Ftse Developed ETF Add +51.4% 1.38% +0.42
IWM iShares Russell 2000 ETF Add +17.5% 2.20% +0.39
INTC Intel Corp. Add +11.0% 0.46% +0.31
VTV Vanguard Mrngstr Val ETF-Aui Add +57.8% 0.92% +0.31
MRVL Marvell Technology Inc. Add +2.2% 0.45% +0.28
AMAT Applied Materials Inc. Add +43.3% 0.43% +0.27
IEMG iShares Core MSCI Emerging Add +14.8% 1.43% +0.20
ASX Ase Technology Holding -ADR New 0.16% +0.16
CSCO Cisco Systems Inc. Add +51.6% 0.33% +0.16
RSP Invesco S&P 500 Equal Weight Add +18.3% 1.39% +0.15
ASML ASML Holding NV-NY Reg SHS Add +10.7% 0.50% +0.15
UNH Unitedhealth Group Inc. Add +43.1% 0.31% +0.14
GLW Corning Inc. New 0.14% +0.14
UMC United Microelectron-SP ADR Add +6.9% 0.21% +0.13
PANW Palo Alto Networks Inc. Add +10.6% 0.26% +0.13
CPNG Coupang Inc. Add +318.2% 0.18% +0.13
EVTR Eaton Vance Total Return Add +38.9% 0.80% +0.12
DELL Dell Technologies -C New 0.10% +0.10
WBTN Webtoon Entertainment Inc. New 0.10% +0.10
VRT Vertiv Holdings Co. Class A New 0.09% +0.09
EVSD Eaton Vance SHRT Dur Inc. Add +36.7% 0.62% +0.09
NBIS Nebius Group NV New 0.09% +0.09
SPCX Space Exploration Techn Class A New 0.09% +0.09
SKM SK Telecom Co. Ltd.-Spon ADR Add +89.4% 0.19% +0.08
AVGO Broadcom Inc. Add +0.1% 1.88% +0.08
KLAC KLA Corp. Add +49.0% 0.12% +0.08
SPDW Ste STR SPDR PT DW Eu ETF New 0.08% +0.08
LPL LG Display Co. Ltd.-ADR Add +89.2% 0.20% +0.08
EVSM Eaton Vance SHRT Dur Muni Add +84.1% 0.20% +0.07
QUAL iShares MSCI USA Quality Fac New 0.07% +0.07
HPE Hewlett Packard Enterprise Add +7.3% 0.16% +0.07
BE Bloom Energy Corp. Class A New 0.07% +0.07
ONTO Onto Innovation Inc. Add +0.0% 0.18% +0.06
CNC Centene Corp. New 0.06% +0.06
KEP Korea Elec Power Corp.-SP ADR Add +94.3% 0.20% +0.06
AFRM Affirm Holdings Inc. Add +0.4% 0.16% +0.05
GEV GE Vernova Inc. Add +0.1% 0.40% +0.05
AMKR Amkor Technology Inc. New 0.05% +0.05
GTLB Gitlab Inc. Class A New 0.05% +0.05
WIT Wipro Ltd.-ADR Add +45.6% 0.20% +0.05
FTNT Fortinet Inc. New 0.05% +0.05
LITE Lumentum Holdings Inc. Add +78.0% 0.10% +0.05
VRNS Varonis Systems Inc. New 0.05% +0.05
IONQ Ionq Inc. New 0.05% +0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 459$569.2MNVDA, AAPL, GOOGL, MSFT, TSM
Q1 2026 445$486.1MNVDA, AAPL, MSFT, GOOGL, TSM
Q4 2025 428$470.0MNVDA, AAPL, MSFT, GOOGL, AMZN