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Portfolio (Quarterly) Guide ↗

New Capital Management LP

· CIK 0001696731
13F Portfolio $439M AUM 60 positions Filed Jul 14, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 2 New 25 Added 7 Reduced 1 Exited
Page 2 of 3  ·  60 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 CEMB ISHARES INC 84,864.0 $3.9M 0.88% +877.0 +1.0% $45.65 -0.6%
22 GHYG ISHARES INC 84,919.0 $3.8M 0.88% +951.0 +1.1% $45.29 +0.1%
23 LEMB ISHARES INC 90,597.0 $3.8M 0.88% +833.0 +0.9% $42.43 +2.1%
24 ISHG ISHARES TR 50,810.0 $3.8M 0.86% +565.0 +1.1% $74.24 +2.6%
25 IAU ISHARES GOLD TR Financial Services 47,193.0 $3.6M 0.81% +3K +6.6% $75.51 +14.4%
26 DFSE DIMENSIONAL ETF TRUST 67,834.0 $3.3M 0.76% -443.0 -0.7% $48.88 +0.3%
27 MSFT MICROSOFT CORP Technology 8,369.0 $3.1M 0.71% $373.03 +33.1%
28 LQD ISHARES TR 25,898.0 $2.8M 0.64% +199.0 +0.8% $109.07 -2.1%
29 VT VANGUARD INTL EQUITY INDEX F 10,542.0 $1.7M 0.38% $156.95 +2.5%
30 YUM YUM BRANDS INC Consumer Cyclical 8,662.0 $1.4M 0.32% $159.86 -3.4%
31 GOOGL ALPHABET INC Communication Services 3,108.0 $1.1M 0.25% +24.0 +0.8% $357.41 -4.3%
32 KIM KIMCO REALTY CORP Real Estate 43,254.0 $1.1M 0.25% $25.35 -5.2%
33 AMZN AMAZON COM INC Consumer Cyclical 4,523.0 $1.1M 0.25% +97.0 +2.2% $238.36 +9.2%
34 MA MASTERCARD INCORPORATED Financial Services 1,875.0 $963K 0.22% +20.0 +1.1% $513.64 +16.5%
35 META META PLATFORMS INC Communication Services 1,683.0 $948K 0.22% +9.0 +0.5% $563.34 +2.3%
36 ABBV ABBVIE INC Healthcare 3,263.0 $821K 0.19% $251.66 +4.5%
37 COST COSTCO WHOLESALE CORPORATION Consumer Defensive 869.0 $813K 0.18% +7.0 +0.8% $935.74 +2.2%
38 ACWI ISHARES TR 4,575.0 $718K 0.16% $156.95 +2.5%
39 AVGO BROADCOM INC Technology 1,712.0 $647K 0.15% -29.0 -1.7% $377.76 -5.9%
40 AOR ISHARES TR 8,985.0 $624K 0.14% +265.0 +3.0% $69.50 +0.7%
Page 2 of 3  ·  60 positions

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 54.1%
Financial Services 15.9%
Consumer Defensive 13.5%
Consumer Cyclical 6.0%
Communication Services 5.0%
Healthcare 2.1%
Real Estate 1.9%
Energy 1.2%
Industrials 0.5%