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Portfolio (Quarterly) Guide ↗

New Capital Management LP

· CIK 0001696731
13F Portfolio $422.0B AUM 60 positions Filed Apr 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 5 New 18 Added 18 Reduced 1 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 DFAX DIMENSIONAL ETF TRUST 2,387,805.0 $81.1M 20.00% +36K +1.5% $33.97 +7.2%
2 BINC BLACKROCK ETF TRUST II 215,491.0 $11.2M 2.76% +12K +6.0% $51.93 +0.9%
3 IUSB ISHARES TR 193,766.0 $9.0M 2.21% +9K +4.6% $46.19 +0.2%
4 IAGG ISHARES TR 152,395.0 $7.6M 1.88% +56K +57.5% $50.04 +1.1%
5 GOOG ALPHABET INC Communication Services 17,933.0 $5.1M 1.27% +915.0 +5.4% $286.86 +16.7%
6 DFGR DIMENSIONAL ETF TRUST 190,634.0 $5.1M 1.25% +42K +28.3% $26.58 +11.0%
7 NVDA NVIDIA CORPORATION Technology 28,447.0 $5.0M 1.22% +154.0 +0.5% $174.40 +10.4%
8 IBIT ISHARES BITCOIN TRUST ETF Financial Services 121,723.0 $4.7M 1.15% +24K +24.6% $38.42 -11.9%
9 IAU ISHARES GOLD TR Financial Services 44,289.0 $3.9M 0.96% +41K +1262.7% $88.16 -13.2%
10 CEMB ISHARES INC 83,987.0 $3.8M 0.94% +28K +50.5% $45.28 +0.8%
11 GHYG ISHARES INC 83,968.0 $3.8M 0.93% +29K +52.1% $45.11 +0.0%
12 ISHG ISHARES TR 50,245.0 $3.7M 0.92% +17K +49.9% $74.18 -0.2%
13 LEMB ISHARES INC 89,764.0 $3.7M 0.90% +26K +41.6% $40.80 +3.8%
14 MSFT MICROSOFT CORP Technology 8,340.0 $3.1M 0.76% +887.0 +11.9% $370.16 +0.8%
15 VT VANGUARD INTL EQUITY INDEX F 10,523.0 $1.5M 0.36% +72.0 +0.7% $138.33 +11.3%
16 META META PLATFORMS INC Communication Services 1,674.0 $958K 0.24% +176.0 +11.8% $572.17 -3.8%
17 GOOGL ALPHABET INC Communication Services 3,084.0 $887K 0.22% +252.0 +8.9% $287.58 +17.3%
18 XOM EXXON MOBIL CORP Energy 3,355.0 $569K 0.14% +66.0 +2.0% $169.65 -19.5%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 45.5%
Financial Services 16.6%
Consumer Defensive 14.6%
Communication Services 13.0%
Consumer Cyclical 5.4%
Healthcare 1.6%
Real Estate 1.6%
Energy 1.4%
Industrials 0.3%