BCWM, LLC
Long book
$352.8M
Q1 2026
Positions
57
Top-10 weight
38%
concentration
Last quarter
+3.5%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsBCWM, LLC is an institutional manager, running a $352.8M US long book across 57 positions.
The portfolio is moderately concentrated (top 10 ≈ 38% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: AVANTIS INTERNATIONAL EQUITY, ISHARES GOLD TRUST, DUKE ENERGY CORP, DIGITAL REALTY TRUST INC, HOME DEPOT INC.
Over the last 8 quarters its long book ran on average 0.2pp per quarter behind the S&P 500, beating the index in 4 of 8 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-1.3%
Q2 2024
+13.1%
Q4 2024
+0.8%
Q1 2025
+4.8%
Q2 2025
+9.1%
Q3 2025
+0.6%
Q4 2025
+5.2%
Q1 2026
+3.5%
Sector allocation
Technology 23%
Industrials 20%
Consumer discretionary 16%
Utilities 15%
Healthcare 8%
Financials 6%
Consumer staples 5%
Communications 3%
Long book by quarter
What does BCWM, LLC own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| DUK DUKE ENERGY CORP | Utilities | 114.9K | $15.0M | 4.3% | +2.5% |
| HD HOME DEPOT INC | Consumer discretionary | 36.0K | $11.8M | 3.4% | +18.5% |
| SRE SEMPRA | Utilities | 119.5K | $11.6M | 3.3% | -19.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 53.4K | $11.1M | 3.2% | +18.0% |
| META META PLATFORMS INC-CLASS A | Technology | 18.6K | $10.6M | 3.0% | +14.7% |
| GRMN GARMIN LTD | Technology | 45.1K | $10.5M | 3.0% | -13.3% |
| MSFT MICROSOFT CORP | Technology | 26.7K | $9.9M | 2.8% | +46.4% |
| KMI KINDER MORGAN INC | Utilities | 290.7K | $9.7M | 2.8% | New |
| WMT WALMART INC | Consumer discretionary | 78.0K | $9.7M | 2.7% | +1.6% |
| DHI DR HORTON INC | Industrials | 67.2K | $9.2M | 2.6% | -20.1% |
| NOC NORTHROP GRUMMAN CORP | Technology | 13.2K | $9.0M | 2.6% | -22.8% |
| SWK STANLEY BLACK & DECKER INC | Industrials | 125.4K | $8.9M | 2.5% | +5.3% |
| UNP UNION PACIFIC CORP | Industrials | 35.7K | $8.7M | 2.5% | New |
| GNRC GENERAC HOLDINGS INC | Industrials | 43.5K | $8.5M | 2.4% | -38.6% |
| LMT LOCKHEED MARTIN CORP | Industrials | 14.1K | $8.5M | 2.4% | -39.5% |
| AAPL APPLE INC | Technology | 33.0K | $8.4M | 2.4% | -9.8% |
| JPM JPMORGAN CHASE & CO | Financials | 27.9K | $8.2M | 2.3% | -2.5% |
| NVDA NVIDIA CORP | Technology | 44.0K | $7.7M | 2.2% | +14.2% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 140.2K | $7.0M | 2.0% | +21.6% |
| CVX CHEVRON CORP | Energy | 33.5K | $6.9M | 2.0% | +41.5% |
| TGT TARGET CORP | Consumer discretionary | 53.2K | $6.4M | 1.8% | -1.9% |
| MO ALTRIA GROUP INC | Consumer staples | 95.5K | $6.3M | 1.8% | +11.2% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 102.6K | $6.2M | 1.8% | -6.3% |
| PFE PFIZER INC | Healthcare | 219.7K | $6.2M | 1.7% | +10.0% |
| MRK MERCK & CO. INC. | Healthcare | 51.1K | $6.2M | 1.7% | -16.4% |
| PEP PEPSICO INC | Consumer staples | 38.9K | $6.0M | 1.7% | +3.0% |
| USB US BANCORP | Financials | 107.3K | $5.6M | 1.6% | -6.1% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 52.3K | $5.1M | 1.5% | +4.1% |
| HTFL HEARTFLOW INC | Healthcare | 31.3K | $762K | 0.2% | +0.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.7K | $384K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 57 | $352.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 56 | $334.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 55 | $334.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 54 | $315.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 51 | $287.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 59 | $5.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 58 | $277.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 59 | $290.6M | canonical | SEC ↗ |
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