BNC WEALTH MANAGEMENT, LLC
Long book
$360.4M
Q1 2026
Positions
106
Top-10 weight
35%
concentration
Last quarter
+15.8%
SPY +14.8%
Turnover
26%
of book per quarter
Strategy in plain words
auto-generated from filingsBNC WEALTH MANAGEMENT, LLC is a diversified fundamental manager, running a $360.4M US long book across 106 positions.
The portfolio is moderately concentrated (top 10 ≈ 35% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, AMAZON.COM INC, APPLE INC, ALPHABET INC-CL A, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 0.8pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+5.4%
Q2 2024
+3.2%
Q3 2024
+7.0%
Q4 2024
-9.9%
Q1 2025
+19.5%
Q2 2025
+12.0%
Q3 2025
-0.2%
Q4 2025
-5.2%
Q1 2026
+15.8%
Sector allocation
Technology 36%
Industrials 18%
Financials 14%
Consumer discretionary 12%
Other 5%
Utilities 3%
Materials 3%
Healthcare 2%
Long book by quarter
What does BNC WEALTH own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 111.6K | $19.5M | 5.4% | -34.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 86.1K | $17.9M | 5.0% | -22.9% |
| AAPL APPLE INC | Technology | 70.5K | $17.9M | 5.0% | -8.7% |
| GOOGL ALPHABET INC-CL A | Technology | 56.3K | $16.2M | 4.5% | -17.0% |
| MSFT MICROSOFT CORP | Technology | 32.4K | $12.0M | 3.3% | -11.1% |
| TSLA TESLA INC | Industrials | 28.2K | $10.5M | 2.9% | -20.2% |
| CAT CATERPILLAR INC | Industrials | 12.3K | $8.7M | 2.4% | -2.3% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 27.1K | $7.9M | 2.2% | New |
| JPM JPMORGAN CHASE & CO | Financials | 26.3K | $7.7M | 2.1% | -5.3% |
| GEV GE VERNOVA INC | Industrials | 8.7K | $7.6M | 2.1% | -11.9% |
| ANET ARISTA NETWORKS INC | Technology | 59.9K | $7.4M | 2.0% | -32.7% |
| KLAC KLA CORP | Other | 4.8K | $7.1M | 2.0% | -25.1% |
| PWR QUANTA SERVICES INC | Industrials | 13.0K | $7.1M | 2.0% | -25.0% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 54.5K | $6.5M | 1.8% | -1.9% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 43.8K | $6.4M | 1.8% | -15.9% |
| META META PLATFORMS INC-CLASS A | Technology | 11.1K | $6.3M | 1.8% | -25.5% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 30.1K | $6.3M | 1.7% | -6.5% |
| VST VISTRA CORP | Utilities | 41.4K | $6.2M | 1.7% | +833.7% |
| CVX CHEVRON CORP | Energy | 29.9K | $6.2M | 1.7% | New |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 5.9K | $5.9M | 1.6% | +27.8% |
| TJX TJX COMPANIES INC | Consumer discretionary | 36.6K | $5.8M | 1.6% | +12.5% |
| AMD ADVANCED MICRO DEVICES | Technology | 28.1K | $5.7M | 1.6% | -8.4% |
| GE GENERAL ELECTRIC | Industrials | 20.0K | $5.7M | 1.6% | +27.6% |
| CDNS CADENCE DESIGN SYS INC | Technology | 20.2K | $5.6M | 1.6% | -14.7% |
| ETN EATON CORP PLC | Industrials | 14.6K | $5.2M | 1.5% | +24.6% |
| GS GOLDMAN SACHS GROUP INC | Financials | 6.2K | $5.2M | 1.4% | +19.2% |
| DE DEERE & CO | Industrials | 9.0K | $5.1M | 1.4% | +68.9% |
| AXP AMERICAN EXPRESS CO | Financials | 16.8K | $5.1M | 1.4% | +1.8% |
| AVGO BROADCOM INC | Technology | 16.1K | $5.0M | 1.4% | +22.0% |
| MNST MONSTER BEVERAGE CORP | Consumer staples | 65.3K | $4.7M | 1.3% | +31.6% |
| AMGN AMGEN INC | Healthcare | 13.2K | $4.6M | 1.3% | New |
| HOOD ROBINHOOD MARKETS INC - A | Financials | 65.7K | $4.6M | 1.3% | +4.4% |
| PKG PACKAGING CORP OF AMERICA | Other | 20.3K | $4.3M | 1.2% | New |
| PPG PPG INDUSTRIES INC | Other | 39.9K | $4.3M | 1.2% | New |
| UNP UNION PACIFIC CORP | Industrials | 16.0K | $3.9M | 1.1% | +393.6% |
| NOC NORTHROP GRUMMAN CORP | Technology | 5.7K | $3.9M | 1.1% | New |
| MRSH MARSH & MCLENNAN COS | Financials | 21.9K | $3.8M | 1.1% | -1.3% |
| TPL TEXAS PACIFIC LAND CORP | Financials | 7.1K | $3.4M | 0.9% | New |
| OKE ONEOK INC | Utilities | 34.1K | $3.1M | 0.9% | New |
| SBUX STARBUCKS CORP | Consumer discretionary | 28.0K | $2.5M | 0.7% | +3.1% |
| NFLX NETFLIX INC | Services media | 25.1K | $2.4M | 0.7% | -39.1% |
| ECHO ECHOSTAR CORP-A | Communications | 20.5K | $2.4M | 0.7% | New |
| MRK MERCK & CO. INC. | Healthcare | 17.6K | $2.1M | 0.6% | New |
| TT TRANE TECHNOLOGIES PLC | Technology | 4.1K | $1.7M | 0.5% | New |
| WMT WALMART INC | Consumer discretionary | 13.2K | $1.6M | 0.5% | New |
| HD HOME DEPOT INC | Consumer discretionary | 4.0K | $1.3M | 0.4% | -13.8% |
| PH PARKER HANNIFIN CORP | Industrials | 1.4K | $1.3M | 0.3% | -12.0% |
| BA BOEING CO/THE | Industrials | 4.6K | $906K | 0.3% | -1.3% |
| RMBS RAMBUS INC | Technology | 10.1K | $866K | 0.2% | -9.0% |
| GOOG ALPHABET INC-CL C | Technology | 2.8K | $799K | 0.2% | -8.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 106 | $360.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 22, 2026 | 106 | $389.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 10, 2025 | 107 | $396.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 15, 2025 | 98 | $337.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 16, 2025 | 98 | $277.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 96 | $304.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 31, 2024 | 93 | $271.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 5, 2024 | 99 | $269.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 16, 2024 | 101 | $233.8M | canonical | SEC ↗ |
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