NBC SECURITIES, INC.

Diversified mechanical Mechanical CIK 791540
League rank
#187
in Diversified mechanical · #4097 overall
Long book
$1.33B
Q1 2026
Positions
2546
Top-10 weight
16%
concentration
Last quarter
+11.2%
SPY +14.8%
Turnover
18%
of book per quarter

Strategy in plain words

auto-generated from filings

NBC SECURITIES, INC. is a mechanically diversified allocator, running a $1.33B US long book across 2546 positions.

The portfolio is broadly diversified across 2546 positions (top 10 only 16%). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, SS SPDR S&P 500 ETF TRUST-US, STE STR SPDR PT S&P 500 ETF, VANGUARD S&P 500 ETF, MICROSOFT CORP.

Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 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
+1.0%
Q2 2024
+8.6%
Q3 2024
+0.3%
Q4 2024
-2.4%
Q1 2025
+8.1%
Q2 2025
+7.0%
Q3 2025
+1.3%
Q4 2025
-0.3%
Q1 2026
+11.2%

Sector allocation

Technology
26%
Industrials
14%
Utilities
14%
Financials
11%
Consumer discretionary
9%
Healthcare
7%
Services media
5%
Energy
4%

Long book by quarter

$1.07B
Q1 2024
$1.10B
Q2 2024
$1.19B
Q3 2024
$1.1M
Q4 2024
$1.17B
Q1 2025
$1.23B
Q2 2025
$1.30B
Q3 2025
$1.33B
Q4 2025
$1.33B
Q1 2026

What does NBC SECURITIES, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology138.7K$35.2M2.6%-2.8%
MSFT MICROSOFT CORPTechnology57.1K$21.1M1.6%-4.0%
NVDA NVIDIA CORPTechnology105.4K$18.4M1.4%+1.4%
GOOGL ALPHABET INC-CL ATechnology55.5K$16.0M1.2%-5.3%
AMZN AMAZON.COM INCConsumer discretionary75.9K$15.8M1.2%-8.5%
AVGO BROADCOM INCTechnology48.6K$15.0M1.1%-4.5%
JPM JPMORGAN CHASE & COFinancials39.6K$11.6M0.9%-1.0%
WMT WALMART INCConsumer discretionary88.1K$10.9M0.8%-4.3%
NEE NEXTERA ENERGY INCUtilities111.2K$10.3M0.8%-1.6%
V VISA INC-CLASS A SHARESServices media29.0K$8.8M0.7%+3.6%
JNJ JOHNSON & JOHNSONHealthcare31.9K$7.8M0.6%+0.4%
SRE SEMPRAUtilities79.2K$7.7M0.6%+1.3%
WMB WILLIAMS COS INCUtilities99.4K$7.2M0.5%-1.2%
PG PROCTER & GAMBLE CO/THEOther49.4K$7.1M0.5%+8.2%
DTM DT MIDSTREAM INCUtilities52.7K$7.1M0.5%0.0%
XOM EXXON MOBIL CORPEnergy40.8K$6.9M0.5%+2.8%
GOOG ALPHABET INC-CL CTechnology23.1K$6.6M0.5%+16.4%
PWR QUANTA SERVICES INCIndustrials11.4K$6.2M0.5%0.0%
NI NISOURCE INCUtilities128.2K$6.0M0.4%-1.4%
PH PARKER HANNIFIN CORPIndustrials6.5K$5.9M0.4%-2.9%
LMT LOCKHEED MARTIN CORPIndustrials9.4K$5.7M0.4%-2.5%
MS MORGAN STANLEYFinancials34.2K$5.6M0.4%-5.0%
CB CHUBB LTDFinancials16.9K$5.5M0.4%+2.4%
ETR ENTERGY CORPUtilities48.9K$5.5M0.4%-0.4%
TMUS T-MOBILE US INCCommunications26.1K$5.5M0.4%-15.6%
META META PLATFORMS INC-CLASS ATechnology9.5K$5.4M0.4%+11.8%
IDA IDACORP INCUtilities37.1K$5.3M0.4%+0.5%
GLW CORNING INCIndustrials38.3K$5.2M0.4%-21.7%
LLY ELI LILLY & COHealthcare5.6K$5.2M0.4%+2.5%
VRT VERTIV HOLDINGS CO-ATechnology20.3K$5.1M0.4%-3.0%
CVX CHEVRON CORPEnergy24.3K$5.0M0.4%+4.8%
SCHW SCHWAB (CHARLES) CORPFinancials53.3K$5.0M0.4%+132.2%
TLN TALEN ENERGY CORPUtilities15.4K$4.9M0.4%-0.2%
SYK STRYKER CORPHealthcare14.9K$4.9M0.4%+50.3%
JCI JOHNSON CONTROLS INTERNATIONIndustrials35.0K$4.6M0.3%+1.4%
CEG CONSTELLATION ENERGYUtilities16.2K$4.5M0.3%-3.1%
UNP UNION PACIFIC CORPIndustrials18.7K$4.5M0.3%+1.7%
CCJ CAMECO CORPMaterials41.7K$4.5M0.3%-28.1%
MRK MERCK & CO. INC.Healthcare37.3K$4.5M0.3%-0.2%
SYY SYSCO CORPConsumer discretionary60.2K$4.3M0.3%+1.7%
LOW LOWE'S COS INCConsumer discretionary17.0K$4.0M0.3%+2.5%
RSG REPUBLIC SERVICES INCUtilities18.1K$4.0M0.3%+3.0%
MDT MEDTRONIC PLCHealthcare45.5K$3.9M0.3%+3.6%
ABBV ABBVIE INCHealthcare17.7K$3.9M0.3%-2.6%
AEE AMEREN CORPORATIONUtilities35.0K$3.9M0.3%+0.3%
PEP PEPSICO INCConsumer staples24.6K$3.8M0.3%+5.9%
WEC WEC ENERGY GROUP INCUtilities32.7K$3.8M0.3%+1.0%
CNP CENTERPOINT ENERGY INCUtilities87.6K$3.8M0.3%-5.9%
XEL XCEL ENERGY INCUtilities47.0K$3.7M0.3%-0.5%
UBER UBER TECHNOLOGIES INCServices media50.2K$3.6M0.3%+4.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 14, 20262548$1.33B canonicalSEC ↗
Q4 202513F-HRJan 29, 20262811$1.33B canonicalSEC ↗
Q3 202513F-HRNov 14, 20252795$1.30B canonicalSEC ↗
Q2 202513F-HRJul 8, 20252445$1.23B $K fixed canonicalSEC ↗
Q1 202513F-HRApr 9, 20252119$1.17B $K fixed canonicalSEC ↗
Q4 202413F-HRJan 22, 20251247$1.1M canonicalSEC ↗
Q3 202413F-HROct 15, 20242111$1.19B $K fixed canonicalSEC ↗
Q2 202413F-HRJul 10, 20242076$1.10B $K fixed canonicalSEC ↗
Q1 202413F-HRApr 5, 20242177$1.07B $K fixed canonicalSEC ↗