DC Investments Management, LLC
Long book
$261.2M
Q1 2026
Positions
76
Top-10 weight
70%
concentration
Last quarter
+12.0%
SPY +14.8%
Turnover
41%
of book per quarter
Strategy in plain words
auto-generated from filingsDC Investments Management, LLC is a wealth-management firm allocating client money, running a $261.2M US long book across 76 positions.
The portfolio is concentrated: the top 10 names carry 70% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD TOT WORLD STK ETF, STATE STREET SPDR S&P MIDCAP, ASML HOLDING NV-NY REG SHS, PIEDMONT REALTY TRUST INC, UNITEDHEALTH GROUP INC.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-3.4%
Q2 2024
+4.4%
Q3 2024
+2.0%
Q4 2024
-3.2%
Q1 2025
+10.5%
Q2 2025
+2.9%
Q3 2025
+0.7%
Q4 2025
+2.6%
Q1 2026
+12.0%
Sector allocation
Utilities 26%
Energy 20%
Technology 15%
Financials 12%
Industrials 11%
Services media 7%
Healthcare 3%
Other 2%
Long book by quarter
What does DC Investments own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 8.8K | $11.6M | 4.4% | Held |
| UNH UNITEDHEALTH GROUP INC | Financials | 16.7K | $4.5M | 1.7% | Held |
| INTU INTUIT INC | Technology | 9.8K | $4.2M | 1.6% | New |
| MELI MERCADOLIBRE INC | Services media | 2.3K | $4.0M | 1.6% | Held |
| GPOR GULFPORT ENERGY CORP | Energy | 17.7K | $3.7M | 1.4% | -27.6% |
| EXE EXPAND ENERGY CORP | Energy | 33.9K | $3.7M | 1.4% | -25.8% |
| UBER UBER TECHNOLOGIES INC | Services media | 50.8K | $3.7M | 1.4% | Held |
| EQT EQT CORP | Energy | 56.4K | $3.6M | 1.4% | -42.5% |
| AR ANTERO RESOURCES CORP | Energy | 83.9K | $3.6M | 1.4% | -34.9% |
| MRNA MODERNA INC | Healthcare | 68.6K | $3.5M | 1.3% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 6.0K | $3.4M | 1.3% | New |
| AEP AMERICAN ELECTRIC POWER | Utilities | 18.2K | $2.4M | 0.9% | Held |
| ATO ATMOS ENERGY CORP | Utilities | 12.4K | $2.3M | 0.9% | Held |
| EVRG EVERGY INC | Utilities | 27.9K | $2.3M | 0.9% | Held |
| PR PERMIAN RESOURCES CORP-CL A | Energy | 106.6K | $2.3M | 0.9% | -42.6% |
| DVN DEVON ENERGY CORP | Energy | 44.1K | $2.2M | 0.9% | -45.3% |
| CTRA COTERRA ENERGY INC | — | 63.1K | $2.2M | 0.8% | -38.7% |
| NI NISOURCE INC | Utilities | 47.0K | $2.2M | 0.8% | Held |
| RRC RANGE RESOURCES CORP | Energy | 48.4K | $2.2M | 0.8% | -34.9% |
| NWE NORTHWESTERN ENERGY GROUP IN | Utilities | 33.0K | $2.2M | 0.8% | Held |
| EXC EXELON CORP | Utilities | 44.2K | $2.2M | 0.8% | Held |
| POR PORTLAND GENERAL ELECTRIC CO | Utilities | 40.8K | $2.2M | 0.8% | Held |
| ES EVERSOURCE ENERGY | Utilities | 30.5K | $2.1M | 0.8% | Held |
| ED CONSOLIDATED EDISON INC | Utilities | 18.5K | $2.1M | 0.8% | Held |
| AEE AMEREN CORPORATION | Utilities | 19.0K | $2.1M | 0.8% | Held |
| BKH BLACK HILLS CORP | Utilities | 29.9K | $2.1M | 0.8% | Held |
| CNX CNX RESOURCES CORP | Energy | 53.0K | $2.0M | 0.8% | -26.1% |
| PPL PPL CORP | Utilities | 53.5K | $2.0M | 0.8% | Held |
| OGE OGE ENERGY CORP | Utilities | 41.5K | $2.0M | 0.8% | Held |
| UTL UNITIL CORP | Utilities | 32.9K | $1.7M | 0.7% | Held |
| GOGO GOGO INC | Communications | 385.1K | $1.5M | 0.6% | Held |
| PLMR PALOMAR HOLDINGS INC | Financials | 11.5K | $1.4M | 0.5% | New |
| AFG AMERICAN FINANCIAL GROUP INC | Financials | 10.7K | $1.4M | 0.5% | New |
| ORI OLD REPUBLIC INTL CORP | Financials | 33.4K | $1.3M | 0.5% | New |
| WRB WR BERKLEY CORP | Financials | 20.0K | $1.3M | 0.5% | New |
| RLI RLI CORP | Financials | 23.0K | $1.3M | 0.5% | New |
| SKWD SKYWARD SPECIALTY INSURANCE | Financials | 30.0K | $1.3M | 0.5% | New |
| KNSL KINSALE CAPITAL GROUP INC | Financials | 3.7K | $1.3M | 0.5% | New |
| DOCN DIGITALOCEAN HOLDINGS INC | Technology | 13.9K | $1.2M | 0.5% | Held |
| NET CLOUDFLARE INC - CLASS A | Technology | 5.5K | $1.1M | 0.4% | Held |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 1.7K | $672K | 0.3% | Held |
| OKTA OKTA INC | Technology | 7.4K | $582K | 0.2% | Held |
| PANW PALO ALTO NETWORKS INC | Technology | 3.5K | $563K | 0.2% | Held |
| TWLO TWILIO INC - A | Technology | 4.4K | $557K | 0.2% | Held |
| ZS ZSCALER INC | Technology | 3.3K | $468K | 0.2% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 6.0K | $468K | 0.2% | New |
| ZM ZOOM COMMUNICATIONS INC | Technology | 5.7K | $454K | 0.2% | Held |
| RBRK RUBRIK INC-A | Technology | 9.3K | $454K | 0.2% | Held |
| U UNITY SOFTWARE INC | Technology | 20.3K | $444K | 0.2% | Held |
| SWKS SKYWORKS SOLUTIONS INC | Technology | 8.2K | $437K | 0.2% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 76 | $261.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 48 | $226.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 95 | $241.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 104 | $239.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 112 | $194.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 92 | $153.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 87 | $143.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 85 | $118.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 92 | $123.4M | canonical | SEC ↗ |