Institutional Manager · CIK 0001512901
NBW CAPITAL LLC
BOSTON, MA · File #028-14328
Latest AUM
$463.6M
Positions
111
Top-10 Concentration
37.3%
Filings
7
Portfolio Value Over Time
2023-12
2024-06
2024-06
2024-09
2024-12
2025-03
2025-06
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | MASCO CORP | 574599106 | -67,701 | -$4.7M | $0 |
| ADD | OREILLY AUTOMOTIVE INC | 67103H107 | +45,592 | +$4.1M | -$4.3M |
| NEW | EXACT SCIENCES CORP | 30063P105 | +66,353 | +$3.5M | $0 |
| REDUCE | ANTERO MIDSTREAM CORP | 03676B102 | -142,677 | -$2.7M | +$287,808 |
| EXITED | NGL ENERGY PARTNERS LP | 62913M107 | -520,259 | -$2.4M | $0 |
| REDUCE | BJS WHSL CLUB HLDGS INC | 05550J101 | -19,701 | -$2.1M | -$375,071 |
| EXITED | CIVITAS RESOURCES INC | 17888H103 | -44,791 | -$1.6M | $0 |
| ADD | AMERICAN TOWER CORP NEW | 03027X100 | +6,842 | +$1.5M | +$64,566 |
| REDUCE | ARIS WATER SOLUTIONS INC | 04041L106 | -47,902 | -$1.1M | -$1.7M |
| REDUCE | CHENIERE ENERGY INC | 16411R208 | -4,295 | -$1.0M | +$935,094 |
Filing History
- 13F HOLDINGS REPORTQ/E Jun 2025111 pos · $463.6M
- 13F HOLDINGS REPORTQ/E Mar 2025100 pos · $451.0M
- 13F HOLDINGS REPORTQ/E Dec 202488 pos · $539.7M
- 13F HOLDINGS REPORTQ/E Sep 2024106 pos · $530.4M
- 13F HOLDINGS REPORTQ/E Jun 2024101 pos · $507.0M
- 13F HOLDINGS REPORTQ/E Jun 2024111 pos · $489.2M
- 13F HOLDINGS REPORTQ/E Dec 2023108 pos · $408.3M
Top 20 Holdings — Jun 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | 594918104 | 36,735 | $18.3M | 4.57% |
| 2 | CHENIERE ENERGY INC | 16411R208 | 72,858 | $17.7M | 4.44% |
| 3 | ALPHABET INC | 02079K305 | 95,286 | $16.8M | 4.20% |
| 4 | JPMORGAN CHASE FINL CO LLC | 48133Q309 | 524,155 | $15.9M | 3.97% |
| 5 | ENERGY TRANSFER L P | 29273V100 | 860,092 | $15.6M | 3.90% |
| 6 | APPLE INC | 037833100 | 68,186 | $14.0M | 3.50% |
| 7 | ENTERPRISE PRODS PARTNERS L | 293792107 | 432,097 | $13.4M | 3.35% |
| 8 | MPLX LP | 55336V100 | 249,837 | $12.9M | 3.22% |
| 9 | MCDONALDS CORP | 580135101 | 42,053 | $12.3M | 3.08% |
| 10 | WESTERN MIDSTREAM PARTNERS L | 958669103 | 311,118 | $12.0M | 3.01% |
| 11 | JPMORGAN CHASE & CO. | 46625H100 | 39,883 | $11.6M | 2.89% |
| 12 | PLAINS ALL AMERN PIPELINE L | 726503105 | 624,089 | $11.4M | 2.86% |
| 13 | SPDR S&P 500 ETF TR | 78462F103 | 17,987 | $11.1M | 2.78% |
| 14 | PALOMAR HLDGS INC | 69753M105 | 68,657 | $10.6M | 2.65% |
| 15 | PALO ALTO NETWORKS INC | 697435105 | 42,776 | $8.8M | 2.19% |
| 16 | ANALOG DEVICES INC | 032654105 | 36,050 | $8.6M | 2.15% |
| 17 | BROADCOM INC | 11135F101 | 30,781 | $8.5M | 2.12% |
| 18 | PATRICK INDS INC | 703343103 | 82,167 | $7.6M | 1.90% |
| 19 | TYLER TECHNOLOGIES INC | 902252105 | 12,539 | $7.4M | 1.86% |
| 20 | ROPER TECHNOLOGIES INC | 776696106 | 12,745 | $7.2M | 1.81% |