13F HOLDINGS REPORT

NCM Capital Management, LLC

Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001907054-25-000005

Total Value

$243.6M

Positions

177

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (177)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	NVIDIA CORPORATION	NVDA	137,620	$21.7M	8.93%
2	AMPLIFY ETF TR	032108409	299,115	$12.7M	5.23%
3	TEXAS PACIFIC LAND CORPORATI	TPL	10,158	$10.7M	4.41%
4	MICROSOFT CORP	MSFT	17,389	$8.7M	3.55%
5	J P MORGAN EXCHANGE TRADED F	46641Q332	140,080	$8.0M	3.27%
6	SCHWAB STRATEGIC TR	808524797	260,392	$6.9M	2.84%
7	VANGUARD INDEX FDS	922908736	15,518	$6.8M	2.80%
8	AMERICAN CENTY ETF TR	025072877	73,770	$6.7M	2.77%
9	APPLE INC	AAPL	32,526	$6.7M	2.74%
10	JPMORGAN CHASE & CO.	VYLD	22,710	$6.6M	2.70%
11	T ROWE PRICE ETF INC	87283Q867	169,122	$6.0M	2.45%
12	VANGUARD WHITEHALL FDS	921946810	53,656	$4.8M	1.99%
13	LISTED FDS TR	53656F623	107,349	$4.5M	1.86%
14	ALPHABET INC	GOOG	20,248	$3.6M	1.47%
15	VANGUARD INDEX FDS	922908769	8,846	$2.7M	1.10%
16	ETF SER SOLUTIONS	26922A222	59,761	$2.5M	1.02%
17	J P MORGAN EXCHANGE TRADED F	46641Q654	48,690	$2.5M	1.02%
18	ELI LILLY & CO	LLY	2,963	$2.3M	0.95%
19	3M CO	MMM	15,083	$2.3M	0.94%
20	PACER FDS TR	69374H881	41,532	$2.3M	0.94%
21	VANECK ETF TRUST	92189F106	41,357	$2.2M	0.88%
22	VANGUARD WORLD FD	92204A504	8,281	$2.1M	0.84%
23	INVESCO EXCHANGE TRADED FD T	IVZ	10,819	$2.0M	0.81%
24	AMAZON COM INC	AMZN	8,749	$1.9M	0.79%
25	HOME DEPOT INC	HD	5,219	$1.9M	0.79%
26	EXXON MOBIL CORP	XOM	17,711	$1.9M	0.78%
27	EATON CORP PLC	ETN	5,215	$1.9M	0.76%
28	ISHARES TR	464287721	10,551	$1.8M	0.75%
29	SELECT SECTOR SPDR TR	81369Y886	22,263	$1.8M	0.75%
30	ISHARES TR	464287200	2,861	$1.8M	0.73%
31	ISHARES TR	464287168	13,229	$1.8M	0.72%
32	INTERNATIONAL BUSINESS MACHS	INTR	5,920	$1.7M	0.72%
33	INVESCO QQQ TR	IVZ	2,993	$1.7M	0.68%
34	ISHARES TR	46429B663	13,402	$1.6M	0.64%
35	NEXTERA ENERGY INC	NEE-PW	21,510	$1.5M	0.61%
36	ISHARES TR	46432F388	13,142	$1.5M	0.61%
37	MERCK & CO INC	MRK	18,591	$1.5M	0.60%
38	BANK AMERICA CORP	060505104	30,498	$1.4M	0.59%
39	ABBVIE INC	ABBV	7,698	$1.4M	0.59%
40	QUALCOMM INC	QCOM	8,922	$1.4M	0.58%
41	ISHARES TR	46436E338	60,327	$1.4M	0.57%
42	ISHARES TR	46432F842	16,704	$1.4M	0.57%
43	SELECT SECTOR SPDR TR	81369Y803	5,426	$1.4M	0.56%
44	HONEYWELL INTL INC	438516106	5,890	$1.4M	0.56%
45	MORGAN STANLEY	MS-PQ	9,105	$1.3M	0.53%
46	J P MORGAN EXCHANGE TRADED F	46654Q724	20,003	$1.3M	0.51%
47	ISHARES TR	46434V621	19,360	$1.2M	0.51%
48	ADVANCED MICRO DEVICES INC	AMD	8,492	$1.2M	0.49%
49	ISHARES TR	464287507	19,339	$1.2M	0.49%
50	PROCTER AND GAMBLE CO	742718109	7,217	$1.1M	0.47%
51	GLOBAL X FDS	37954Y384	30,826	$1.1M	0.47%
52	SPDR S&P MIDCAP 400 ETF TR	MDY	1,988	$1.1M	0.46%
53	GILEAD SCIENCES INC	GILD	10,147	$1.1M	0.46%
54	DISNEY WALT CO	254687106	9,010	$1.1M	0.46%
55	VANGUARD SCOTTSDALE FDS	92206C664	12,328	$1.1M	0.44%
56	RTX CORPORATION	RTX	7,302	$1.1M	0.44%
57	J P MORGAN EXCHANGE TRADED F	46654Q203	19,299	$1.1M	0.43%
58	MCDONALDS CORP	MCD	3,594	$1.1M	0.43%
59	BLACKSTONE INC	BX	6,748	$1.0M	0.41%
60	FIDELITY MERRIMACK STR TR	316188309	22,041	$1.0M	0.41%
61	BERKSHIRE HATHAWAY INC DEL	BRK-A	2,028	$985,142	0.40%
62	BRISTOL-MYERS SQUIBB CO	CELG-RI	21,226	$982,552	0.40%
63	VANGUARD WHITEHALL FDS	921946406	7,156	$953,966	0.39%
64	AMERICAN CENTY ETF TR	025072372	17,669	$946,247	0.39%
65	JOHNSON & JOHNSON	JNJ	6,070	$927,657	0.38%
66	WHEATON PRECIOUS METALS CORP	WPM	10,129	$909,552	0.37%
67	CHEVRON CORP NEW	CVX	6,205	$888,561	0.36%
68	WASTE MGMT INC DEL	94106L109	3,738	$855,342	0.35%
69	ISHARES TR	464287309	7,645	$844,031	0.35%
70	SELECT SECTOR SPDR TR	81369Y308	10,299	$833,955	0.34%
71	BERKLEY W R CORP	WRB-PH	11,259	$827,217	0.34%
72	PEPSICO INC	PEP	6,203	$818,993	0.34%
73	ISHARES TR	464287457	9,569	$792,849	0.33%
74	VERIZON COMMUNICATIONS INC	VZ	18,290	$791,408	0.32%
75	CATERPILLAR INC	CAT	2,030	$788,066	0.32%
76	CORNING INC	GLW	14,728	$774,530	0.32%
77	BOEING CO	BA-PA	3,684	$772,003	0.32%
78	PFIZER INC	PFE	31,068	$753,081	0.31%
79	LOCKHEED MARTIN CORP	LMT	1,611	$746,048	0.31%
80	WALMART INC	WMT	7,597	$742,802	0.30%
81	INTEL CORP	INTC	32,410	$725,974	0.30%
82	ISHARES TR	46432F339	3,839	$701,846	0.29%
83	VANGUARD INDEX FDS	922908744	3,927	$694,058	0.28%
84	NIKE INC	NKE	9,768	$693,883	0.28%
85	CVS HEALTH CORP	CVS	9,825	$677,729	0.28%
86	AMGEN INC	AMGN	2,358	$658,363	0.27%
87	SPDR S&P 500 ETF TR	SPY	1,050	$648,743	0.27%
88	TRI POINTE HOMES INC	TPH	20,100	$642,195	0.26%
89	ISHARES TR	464287655	2,969	$640,699	0.26%
90	T ROWE PRICE ETF INC	87283Q784	25,843	$638,779	0.26%
91	DIMENSIONAL ETF TRUST	25434V609	11,630	$627,554	0.26%
92	VANGUARD INDEX FDS	922908363	1,105	$627,453	0.26%
93	VANGUARD WORLD FD	92204A207	2,855	$625,245	0.26%
94	FIRST TR EXCHANGE-TRADED FD	33739Q705	12,564	$616,875	0.25%
95	CISCO SYS INC	CSCO	8,807	$611,080	0.25%
96	ABBOTT LABS	ABLZF	4,400	$598,398	0.25%
97	ETF OPPORTUNITIES TRUST	26923N512	22,450	$597,170	0.25%
98	TEXAS INSTRS INC	882508104	2,875	$596,568	0.24%
99	SPDR GOLD TR	GLD	1,945	$592,894	0.24%
100	GRAYSCALE BITCOIN TRUST ETF	GBTC	6,923	$587,278	0.24%
101	ACCENTURE PLC IRELAND	ACN	1,960	$585,561	0.24%
102	VANGUARD INDEX FDS	922908553	6,306	$561,597	0.23%
103	ISHARES TR	464287598	2,864	$556,367	0.23%
104	AT&T INC	T-PC	18,354	$531,165	0.22%
105	INNOVATOR ETFS TRUST	INHD	12,954	$529,689	0.22%
106	CHIPOTLE MEXICAN GRILL INC	CMG	9,400	$527,810	0.22%
107	LOWES COS INC	548661107	2,272	$504,326	0.21%
108	SPDR SERIES TRUST	78464A854	6,651	$503,214	0.21%
109	ALPHABET INC	GOOG	2,802	$496,988	0.20%
110	WEYERHAEUSER CO MTN BE	WY	19,194	$493,102	0.20%
111	INVESCO EXCH TRADED FD TR II	IVZ	10,213	$490,093	0.20%
112	GENERAL MTRS CO	37045V100	9,862	$485,287	0.20%
113	CSX CORP	CSX	14,246	$464,847	0.19%
114	FIDELITY COVINGTON TRUST	316092113	13,361	$460,834	0.19%
115	AMERICAN CENTY ETF TR	025072802	5,773	$457,946	0.19%
116	WISDOMTREE TR	WT	3,967	$453,345	0.19%
117	ISHARES TR	464287473	3,422	$452,285	0.19%
118	DUKE ENERGY CORP NEW	DUKB	3,831	$452,039	0.19%
119	DIMENSIONAL ETF TRUST	25434V724	10,465	$442,460	0.18%
120	ISHARES TR	464287499	4,752	$437,041	0.18%
121	GOLDMAN SACHS GROUP INC	GSCE	605	$428,189	0.18%
122	ISHARES TR	464288414	4,059	$424,119	0.17%
123	UNITED PARCEL SERVICE INC	UPS	4,174	$421,339	0.17%
124	DIMENSIONAL ETF TRUST	25434V740	13,950	$418,816	0.17%
125	COSTCO WHSL CORP NEW	22160K105	416	$411,788	0.17%
126	WENDYS CO	95058W100	35,695	$407,635	0.17%
127	MICRON TECHNOLOGY INC	MU	3,250	$400,563	0.16%
128	PALO ALTO NETWORKS INC	PANW	1,945	$398,025	0.16%
129	VANGUARD WORLD FD	92204A603	1,405	$393,498	0.16%
130	ISHARES TR	464287804	3,587	$392,023	0.16%
131	BECTON DICKINSON & CO	BDX	2,238	$385,573	0.16%
132	ISHARES TR	464288158	3,596	$384,066	0.16%
133	ISHARES TR	464287606	4,180	$380,296	0.16%
134	VANECK ETF TRUST	92189F700	5,001	$368,174	0.15%
135	VANGUARD WORLD FD	921910733	3,341	$366,307	0.15%
136	SELECT SECTOR SPDR TR	81369Y209	2,683	$361,574	0.15%
137	INVESCO EXCH TRD SLF IDX FD	IVZ	6,250	$361,136	0.15%
138	VANGUARD SPECIALIZED FUNDS	921908844	1,761	$360,424	0.15%
139	GE AEROSPACE	369604301	1,302	$335,122	0.14%
140	CACI INTL INC	127190304	700	$333,690	0.14%
141	COCA COLA CO	KO	4,602	$325,583	0.13%
142	MONDELEZ INTL INC	609207105	4,785	$322,711	0.13%
143	NUVEEN NEW JERSEY QULT MUN F	NU	26,854	$304,793	0.13%
144	SPDR SERIES TRUST	78464A870	3,616	$299,884	0.12%
145	PUBLIC SVC ENTERPRISE GRP IN	744573106	3,512	$295,640	0.12%
146	ISHARES TR	46429B697	3,106	$291,376	0.12%
147	VANGUARD STAR FDS	921909768	4,192	$289,625	0.12%
148	GE VERNOVA INC	GEV	545	$288,387	0.12%
149	VANGUARD INDEX FDS	922908652	1,487	$286,560	0.12%
150	INVESCO EXCH TRADED FD TR II	IVZ	4,559	$284,938	0.12%
151	UNION PAC CORP	UNP	1,182	$271,897	0.11%
152	J P MORGAN EXCHANGE TRADED F	46641Q837	5,348	$271,030	0.11%
153	KIMBERLY-CLARK CORP	KMB	2,065	$266,164	0.11%
154	GAP INC	GAP	11,850	$258,449	0.11%
155	ISHARES TR	46432F396	1,044	$250,943	0.10%
156	DEERE & CO	DE	489	$248,652	0.10%
157	UNITED RENTALS INC	URI	329	$247,869	0.10%
158	PAYPAL HLDGS INC	PYPL	3,227	$239,831	0.10%
159	AUTOMATIC DATA PROCESSING IN	ADP	768	$236,831	0.10%
160	SELECT SECTOR SPDR TR	81369Y506	2,791	$236,674	0.10%
161	VANGUARD WORLD FD	921910725	3,604	$236,062	0.10%
162	ISHARES TR	464287556	1,865	$235,941	0.10%
163	VISA INC	V	649	$230,225	0.09%
164	VANGUARD BD INDEX FDS	921937827	2,918	$229,647	0.09%
165	PROGRESSIVE CORP	743315103	840	$224,162	0.09%
166	VANGUARD BD INDEX FDS	921937835	3,038	$223,688	0.09%
167	GLOBAL X FDS	37954Y673	5,006	$218,144	0.09%
168	INTERNATIONAL PAPER CO	460146103	4,600	$215,418	0.09%
169	META PLATFORMS INC	META	291	$214,984	0.09%
170	WELLS FARGO CO NEW	949746101	2,660	$213,119	0.09%
171	ROYAL CARIBBEAN GROUP	V7780T103	677	$212,128	0.09%
172	ISHARES TR	464287465	2,276	$203,452	0.08%
173	SELECT SECTOR SPDR TR	81369Y704	1,360	$200,628	0.08%
174	DOUBLELINE INCOME SOLUTIONS	DSL	12,300	$150,552	0.06%
175	FORD MTR CO	345370860	12,829	$139,195	0.06%
176	DIGITALBRIDGE GROUP INC	DBRG-PJ	10,400	$107,640	0.04%
177	INVESCO MUNICIPAL TRUST	VKQ	11,476	$105,005	0.04%