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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 3 of 3  ·  60 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 SPY STATE STR SPDR S&P 500 ETF T Financial Services 802.0 $599K 0.14% $746.71 +2.6%
42 NFLX NETFLIX INC. Communication Services 7,440.0 $531K 0.12% +60.0 +0.8% $71.40 +14.6%
43 XOM EXXON MOBIL CORP Energy 3,396.0 $464K 0.11% +41.0 +1.2% $136.71 +16.9%
44 LLY ELI LILLY & CO Healthcare 340.0 $408K 0.09% +14.0 +4.3% $1200.05 -0.8%
45 AOA ISHARES TR 3,903.0 $381K 0.09% +306.0 +8.5% $97.59 +1.7%
46 YUMC YUM CHINA HLDGS INC Consumer Cyclical 8,853.0 $362K 0.08% $40.87 +17.6%
47 MELI MERCADOLIBRE INC Consumer Cyclical 203.0 $345K 0.08% $1697.39 +17.6%
48 WBD WARNER BROS DISCOVERY INC Communication Services 12,700.0 $339K 0.08% $26.66 +8.4%
49 HD HOME DEPOT INC Consumer Cyclical 958.0 $338K 0.08% $352.50 -4.1%
50 VUSB VANGUARD BD INDEX FDS 6,323.0 $315K 0.07% -2K -25.1% $49.78 -0.0%
51 ICSH ISHARES TR 6,067.0 $307K 0.07% -2K -25.6% $50.58 -0.1%
52 CMI CUMMINS INC Industrials 374.0 $267K 0.06% $713.66 -18.6%
53 JMST J P MORGAN EXCHANGE TRADED F 5,003.0 $255K 0.06% $51.00 -0.1%
54 IWB ISHARES TR 622.0 $255K 0.06% NEW $409.50 +2.5%
55 DFCF DIMENSIONAL ETF TRUST 5,754.0 $243K 0.06% $42.21 -1.3%
56 VTOL BRISTOW GROUP INC Energy 5,776.0 $239K 0.05% $41.32 +10.6%
57 AON AON PLC Financial Services 707.0 $235K 0.05% $331.70 +6.8%
58 SGOV ISHARES TR 2,092.0 $211K 0.05% -1K -34.1% $100.67 -0.0%
59 AGG ISHARES TR 2,117.0 $210K 0.05% $99.00 -1.2%
60 IWF ISHARES TR 1,620.0 $201K 0.05% NEW $124.17 -1.9%
Page 3 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%