BTC Capital Management, Inc.
CIK 1611848 · View on SEC EDGAR ↗
- Portfolio value
- $665.0M
- Positions
- 207
- As of
- June 30, 2026
#3,170 of 9,443 by 13F value · top 33.6%
Portfolio value QoQ: +16.0% 13F does not disclose cash
- Top 10 holdings weight
- 35.74%
- Top 25 holdings weight
- 55.66%
- Positions above 1%
- 28
- Effective number of positions
- 49.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 28.76% Est. buys $228,890,818 · sells $178,001,417
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 77.5% still held
- New positions
- 12
- Increased
- 83
- Decreased
- 80
- Closed
- 11
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
20.2%
Financial Services
6.8%
Industrials
6.5%
Healthcare
5.4%
Financials
4.9%
Retail
4.3%
Communication Services
3.4%
Utilities
2.4%
Real Estate
2.3%
Consumer Discretionary
2.0%
Energy
1.2%
Consumer products
1.0%
Materials
0.9%
Telecommunication
0.3%
Consumer Staples
0.1%
Diversified Consumer Services
0.0%
Other/Unmapped
38.3%
Full portfolio 207 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| NVDA NVIDIA Corporation - Common Stock | $45,404,834 | 6.83% | 226,979 | $28,981,062 | Up ×4 | ||
| EFA | $36,261,176 | 5.45% | 349,017 | $30,155,197 | Up ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $34,071,667 | 5.12% | 91,152 | $1,689,932 | Up ×4 | ||
| IWF | $24,370,729 | 3.66% | 196,007 | $13,827,989 | Up ×2 | ||
| IWB | $23,519,704 | 3.54% | 57,391 | $21,595,707 | Up ×2 | ||
| VOO | $17,013,657 | 2.56% | 24,772 | $2,211,148 | |||
| VUG | $16,527,267 | 2.49% | 191,865 | $2,103,588 | Up ×1 | ||
| VTI | $15,692,656 | 2.36% | 42,408 | $2,087,746 | |||
| FAST Fastenal Company - Common Stock | $12,530,066 | 1.88% | 260,880 | $-355,680 | Down ×3 | ||
| AVGO Broadcom Inc. - Common Stock | $12,251,207 | 1.84% | 32,435 | $-8,745,640 | Down ×1 | ||
| VTV | $11,008,954 | 1.66% | 50,516 | $675,294 | Down ×2 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $10,402,280 | 1.56% | 18,468 | $181,749 | Up ×2 | ||
| AAPL Apple Inc. - Common Stock | $9,950,512 | 1.50% | 34,388 | $-25,406,412 | Down ×1 | ||
| JNJ Johnson & Johnson Common Stock | $9,507,109 | 1.43% | 37,384 | $6,235,523 | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $9,425,920 | 1.42% | 12,800 | $2,018,969 | Down ×1 | ||
| PH Parker-Hannifin Corporation Common Stock | $9,170,824 | 1.38% | 9,374 | $4,931,867 | Up ×2 | ||
| WFC Wells Fargo & Company Common Stock | $8,911,984 | 1.34% | 107,841 | $6,222,195 | Up ×1 | ||
| MS Morgan Stanley Common Stock | $8,878,152 | 1.34% | 42,471 | $-71,496 | Down ×1 | ||
| MUB | $8,515,755 | 1.28% | 79,128 | $3,085,120 | Up ×3 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $8,493,613 | 1.28% | 23,767 | $-7,833,180 | Down ×1 | ||
| MA Mastercard Incorporated Common Stock | $8,297,720 | 1.25% | 16,156 | $353,105 | Up ×2 | ||
| IVW | $7,858,464 | 1.18% | 57,140 | $7,852,808 | Up ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $7,605,624 | 1.14% | 6,589 | Up ×1 | |||
| JPM JP Morgan Chase & Co. Common Stock | $7,311,244 | 1.10% | 22,336 | $3,303,902 | Up ×1 | ||
| GILD Gilead Sciences, Inc. - Common Stock | $7,136,331 | 1.07% | 56,548 | $4,171,652 | Up ×1 | ||
| STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) | $7,127,490 | 1.07% | 7,386 | $3,578,928 | Down ×1 | ||
| IWV | $7,117,042 | 1.07% | 16,691 | $930,022 | |||
| SPY SPY | $6,890,447 | 1.04% | 9,227 | $889,760 | |||
| ORLY O'Reilly Automotive, Inc. - Common Stock | $6,362,502 | 0.96% | 69,100 | $4,618,120 | Up ×1 | ||
| XEL Xcel Energy Inc. - Common Stock | $6,247,452 | 0.94% | 77,801 | $4,165,806 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $6,230,684 | 0.94% | 26,142 | $1,189,509 | Up ×1 | ||
| IWD | $5,889,351 | 0.89% | 24,354 | $1,197,585 | Up ×2 | ||
| BND Vanguard Total Bond Market ETF | $5,742,424 | 0.86% | 78,291 | $-17,670,457 | Down ×1 | ||
| NEE NextEra Energy, Inc. Common Stock | $5,691,723 | 0.86% | 64,848 | $2,357,053 | Up ×2 | ||
| MAR Marriott International - Class A Common Stock | $5,560,323 | 0.84% | 15,004 | $573,809 | Down ×1 | ||
| VEA | $5,517,458 | 0.83% | 77,438 | $5,455,429 | Up ×1 | ||
| IWM | $5,049,362 | 0.76% | 16,680 | $949,178 | Up ×2 | ||
| OUT OUTFRONT Media Inc. Common Stock | $4,881,238 | 0.73% | 149,000 | $2,944,872 | Up ×2 | ||
| LOW Lowe's Companies, Inc. Common Stock | $4,821,017 | 0.72% | 21,865 | $3,634,181 | Up ×1 | ||
| LHX L3Harris Technologies, Inc. Common Stock | $4,714,529 | 0.71% | 16,224 | $2,334,026 | Up ×1 | ||
| SPGI S&P Global Inc. Common Stock | $4,434,261 | 0.67% | 11,897 | $-15,203 | Up ×4 | ||
| IVE | $4,322,541 | 0.65% | 19,037 | $4,310,505 | Up ×1 | ||
| LLY Eli Lilly and Company Common Stock | $4,255,576 | 0.64% | 3,549 | $2,595,393 | Up ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $4,186,612 | 0.63% | 7,207 | Up ×1 | |||
| IWR | $4,177,157 | 0.63% | 37,864 | $495,641 | |||
| STLD Steel Dynamics, Inc. - Common Stock | $4,161,032 | 0.63% | 18,138 | $1,848,932 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $4,086,650 | 0.61% | 36,082 | $-1,125,155 | Down ×3 | ||
| XOM Exxon Mobil Corporation Common Stock | $4,050,466 | 0.61% | 29,626 | $-5,606,758 | Down ×2 | ||
| TSLA Tesla, Inc. - Common Stock | $4,032,291 | 0.61% | 9,587 | $1,383,185 | Up ×1 | ||
| CWI | $3,719,556 | 0.56% | 91,457 | $373,144 | |||
| UNM Unum Group Common Stock | $3,699,018 | 0.56% | 41,376 | $939,359 | Up ×2 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $3,673,339 | 0.55% | 8,836 | ||||
| BN Brookfield Corporation Class A Limited Voting Shares | $3,596,891 | 0.54% | 84,450 | $2,641,638 | Up ×1 | ||
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $3,534,102 | 0.53% | 4,631 | $-5,201,716 | Down ×1 | ||
| ABBV AbbVie Inc. Common Stock | $3,478,420 | 0.52% | 13,823 | $536,870 | Up ×1 | ||
| AMAT Applied Materials, Inc. - Common Stock | $3,198,552 | 0.48% | 4,424 | $1,686,473 | |||
| VB | $3,190,641 | 0.48% | 10,526 | $433,671 | |||
| VWO | $3,176,345 | 0.48% | 53,214 | $-8,532,946 | Down ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $3,159,065 | 0.48% | 21,543 | $-3,842,088 | Down ×1 | ||
| VGK | $2,925,451 | 0.44% | 33,041 | $87,640 | Down ×2 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $2,871,388 | 0.43% | 18,953 | $-2,635,714 | Down ×2 | ||
| SNA Snap-On Incorporated Common Stock | $2,701,311 | 0.41% | 6,713 | $360,716 | Up ×2 | ||
| JAZZ Jazz Pharmaceuticals plc - Ordinary Shares | $2,675,728 | 0.40% | 11,104 | $-2,134,849 | Down ×1 | ||
| INVH Invitation Homes Inc. Common Stock | $2,669,568 | 0.40% | 88,367 | $1,549,231 | Up ×4 | ||
| CFG Citizens Financial Group, Inc. Common Stock | $2,668,338 | 0.40% | 38,081 | $1,502,462 | Up ×1 | ||
| SYF Synchrony Financial Common Stock | $2,616,355 | 0.39% | 34,403 | $1,374,581 | Up ×1 | ||
| AMP Ameriprise Financial, Inc. Common Stock | $2,582,364 | 0.39% | 5,629 | $-55,150 | Down ×1 | ||
| ING ING Group, N.V. Common Stock | $2,575,200 | 0.39% | 82,065 | $437,406 | |||
| RSP | $2,553,240 | 0.38% | 12,000 | $250,200 | |||
| VBK | $2,382,183 | 0.36% | 6,514 | $332,574 | Down ×2 | ||
| PLD Prologis, Inc. Common Stock | $2,335,911 | 0.35% | 17,248 | $824,300 | Up ×1 | ||
| ETR Entergy Corporation Common Stock | $2,328,904 | 0.35% | 20,276 | $12,151 | Down ×1 | ||
| UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) | $2,320,214 | 0.35% | 38,594 | $1,677,935 | Up ×2 | ||
| BRKA | $2,246,550 | 0.34% | 3 | $92,130 | |||
| PSX Phillips 66 Common Stock | $2,149,809 | 0.32% | 12,717 | $1,114,116 | Up ×1 | ||
| STT State Street Corporation Common Stock | $2,135,264 | 0.32% | 12,590 | $516,438 | Down ×1 | ||
| VBR | $2,116,972 | 0.32% | 8,712 | $146,243 | Down ×2 | ||
| BNL Broadstone Net Lease, Inc. Common Stock | $2,078,825 | 0.31% | 100,572 | $297,368 | Up ×2 | ||
| UBS UBS Group AG Registered Ordinary Shares | $2,022,396 | 0.30% | 40,807 | $515,780 | Up ×2 | ||
| NSC Norfolk Southern Corporation Common Stock | $1,980,973 | 0.30% | 6,297 | $-988,903 | Down ×2 | ||
| NFLX Netflix, Inc. - Common Stock | $1,951,010 | 0.29% | 27,325 | $-3,637,058 | Down ×1 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $1,949,650 | 0.29% | 980 | $1,515,096 | Up ×2 | ||
| MDT Medtronic plc. Ordinary Shares | $1,922,036 | 0.29% | 24,569 | $-507,372 | Down ×1 | ||
| IWP | $1,895,424 | 0.29% | 12,946 | $236,782 | |||
| BIL | $1,885,860 | 0.28% | 20,579 | $-19,519 | Down ×1 | ||
| EQH Equitable Holdings, Inc. Common Stock | $1,838,262 | 0.28% | 41,893 | $959,312 | Up ×1 | ||
| COF Capital One Financial Corporation Common Stock | $1,779,700 | 0.27% | 8,871 | $-1,406,063 | Down ×1 | ||
| ETN Eaton Corporation, PLC Ordinary Shares | $1,767,119 | 0.27% | 4,147 | $-3,629,384 | Down ×1 | ||
| ALL Allstate Corporation (The) Common Stock | $1,763,375 | 0.27% | 7,411 | $225,118 | Down ×1 | ||
| D Dominion Energy, Inc. Common Stock | $1,755,531 | 0.26% | 25,707 | $851,412 | Up ×2 | ||
| HD Home Depot, Inc. (The) Common Stock | $1,706,971 | 0.26% | 4,840 | $-1,362,891 | Down ×1 | ||
| GM General Motors Company Common Stock | $1,696,529 | 0.26% | 22,010 | $-2,806,124 | Down ×1 | ||
| APH Amphenol Corporation Common Stock | $1,631,138 | 0.25% | 9,251 | $442,060 | Down ×2 | ||
| VLO Valero Energy Corporation Common Stock | $1,615,245 | 0.24% | 6,202 | Up ×1 | |||
| DE Deere & Company Common Stock | $1,588,362 | 0.24% | 2,504 | $-3,605,846 | Down ×2 | ||
| VPL | $1,556,838 | 0.23% | 13,457 | $178,946 | Down ×3 | ||
| COST Costco Wholesale Corporation - Common Stock | $1,518,265 | 0.23% | 1,624 | $-2,135,642 | Down ×1 | ||
| ICE Intercontinental Exchange Inc. Common Stock | $1,517,457 | 0.23% | 12,331 | $-421,016 | Up ×1 | ||
| TMUS T-Mobile US, Inc. - Common Stock | $1,490,619 | 0.22% | 8,891 | $467,772 | Up ×1 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $1,469,520 | 0.22% | 1,453 | $231,835 | Down ×3 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| NVDA | $45,404,834 | 6.83% | up ×4 |
| MSFT | $34,071,667 | 5.12% | up ×4 |
| MUB | $8,515,755 | 1.28% | up ×3 |
| SPGI | $4,434,261 | 0.67% | up ×4 |
| INVH | $2,669,568 | 0.40% | up ×4 |
| HMC | $1,211,064 | 0.18% | up ×5 |
| V | $734,555 | 0.11% | up ×4 |
| AMT | $645,776 | 0.10% | up ×3 |
| EME | $484,651 | 0.07% | up ×3 |
| CPRX | $280,638 | 0.04% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| MU | $7,605,624 | 6,589 | 1.14% |
| AMD | $4,186,612 | 7,207 | 0.63% |
| UNH | $3,673,339 | 8,836 | 0.55% |
| VLO | $1,615,245 | 6,202 | 0.24% |
| MCHP | $1,137,995 | 12,478 | 0.17% |
| OPRA | $1,113,277 | 56,141 | 0.17% |
| SPYV | $771,243 | 12,687 | 0.12% |
| SPYG | $639,928 | 5,378 | 0.10% |
| HIW | $218,057 | 7,230 | 0.03% |
| RYN | $205,160 | 9,641 | 0.03% |
| PSA | $203,718 | 640 | 0.03% |
| OBK | $173,654 | 3,395 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| NVDA | Bought more | +133K | +$29.0M |
| AAPL | Trimmed | -105K | -$25.4M |
| BND | Trimmed | -240K | -$17.7M |
| IWF | Bought more | +171K | +$13.8M |
| AVGO | Trimmed | -35K | -$8.7M |
| VWO | Trimmed | -163K | -$8.5M |
| GOOGL | Trimmed | -33K | -$7.8M |
| JNJ | Bought more | +24K | +$6.2M |
| WFC | Bought more | +74K | +$6.2M |
| XOM | Trimmed | -27K | -$5.6M |
4 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| TMO | June 30, 2025 | 7,630 | $3,796,689 | 53.0% |
| DHR | Sept. 30, 2025 | 17,028 | $3,354,222 | 8.0% |
| VRTX | Sept. 30, 2025 | 7,307 | $3,253,082 | 39.6% |
| HON | June 30, 2026 | 10,834 | $2,447,003 | -1.9% |
| VTEB | March 31, 2025 | 44,151 | $2,213,290 | No longer tracked |
| CTRA | June 30, 2026 | 59,461 | $2,089,460 | No longer tracked |
| SSNC | June 30, 2026 | 28,545 | $1,928,786 | 32.5% |
| MRK | June 30, 2025 | 19,762 | $1,774,641 | 91.6% |
| PHM | March 31, 2025 | 16,123 | $1,755,798 | 24.6% |
| FDX | June 30, 2025 | 6,838 | $1,666,968 | 44.9% |
| PINS | Dec. 31, 2025 | 44,648 | $1,436,330 | -10.9% |
| LDOS | June 30, 2026 | 8,552 | $1,328,298 | 37.9% |
| BSX | June 30, 2026 | 20,944 | $1,312,492 | 15.8% |
| OMC | March 31, 2025 | 14,398 | $1,238,803 | 4.1% |
| UNH | June 30, 2025 | 2,183 | $1,143,348 | 24.2% |
| CNH | Dec. 31, 2025 | 103,222 | $1,118,916 | 19.4% |
| ULXXXX | Dec. 31, 2025 | 16,616 | $984,404 | No longer tracked |
| SUB | June 30, 2025 | 8,481 | $895,594 | No longer tracked |
| TTE | Dec. 31, 2025 | 13,964 | $832,972 | 38.9% |
| RF | June 30, 2025 | 35,885 | $779,783 | 29.7% |
| SAP | March 31, 2026 | 2,949 | $716,342 | 25.9% |
| HST | June 30, 2025 | 44,648 | $634,449 | 50.9% |
| GVI | Sept. 30, 2025 | 5,441 | $581,044 | No longer tracked |
| GVI | March 31, 2026 | 5,297 | $568,633 | No longer tracked |
| VO | June 30, 2025 | 1,835 | $474,568 | No longer tracked |
| SMBC | Dec. 31, 2025 | 8,656 | $454,959 | 25.4% |
| TKC | June 30, 2025 | 68,090 | $423,521 | -9.4% |
| NICE | June 30, 2026 | 3,829 | $422,185 | 9.5% |
| ANSS | Sept. 30, 2025 | 1,170 | $410,930 | No longer tracked |
| EMN | June 30, 2025 | 4,586 | $404,071 | -0.1% |
| CHKP | March 31, 2026 | 1,763 | $327,139 | -9.3% |
| HIW | Dec. 31, 2025 | 9,933 | $316,068 | 21.6% |
| CMCSA | Sept. 30, 2025 | 8,323 | $297,048 | -15.8% |
| XLE | June 30, 2025 | 3,150 | $294,368 | No longer tracked |
| HYBL | Sept. 30, 2025 | 10,000 | $285,900 | No longer tracked |
| UPS | March 31, 2025 | 2,096 | $264,306 | -6.1% |
| IBN | Dec. 31, 2025 | 8,672 | $262,155 | 0.2% |
| HEES | March 31, 2025 | 5,229 | $256,012 | No longer tracked |
| MGA | June 30, 2025 | 7,390 | $251,186 | 86.4% |
| BX | March 31, 2026 | 1,380 | $212,713 | 24.6% |
| PCH | March 31, 2026 | 5,302 | $210,914 | No longer tracked |
| MUSA | Sept. 30, 2025 | 509 | $205,027 | 47.5% |
| MCO | March 31, 2026 | 400 | $204,340 | 14.5% |
| USFR | Sept. 30, 2025 | 4,000 | $201,240 | No longer tracked |
| SLB | Sept. 30, 2025 | 5,942 | $200,840 | 56.6% |
| MCO | Sept. 30, 2025 | 400 | $200,636 | 4.9% |
| EXEL | March 31, 2026 | 4,556 | $199,688 | 25.7% |
| KD | Dec. 31, 2025 | 5,583 | $167,659 | -53.3% |
| PNFP | Sept. 30, 2025 | 1,499 | $165,507 | 9.1% |
| SR | June 30, 2026 | 1,587 | $143,686 | 6.8% |
| CCOI | June 30, 2025 | 2,245 | $137,641 | -79.5% |
| CMG | Sept. 30, 2025 | 2,311 | $129,763 | -8.4% |
| CACI | June 30, 2026 | 235 | $127,808 | 39.4% |
| IBM | June 30, 2026 | 525 | $127,255 | -16.9% |
| PRGS | Sept. 30, 2025 | 1,845 | $117,784 | -2.6% |
| JHG | June 30, 2025 | 3,159 | $114,197 | No longer tracked |
| DIS | June 30, 2025 | 1,137 | $112,222 | -13.6% |
| ABG | March 31, 2025 | 460 | $111,791 | -4.4% |
| NVO | Sept. 30, 2025 | 1,517 | $104,704 | -15.8% |
| WING | March 31, 2025 | 360 | $102,311 | -49.3% |
| HURN | June 30, 2026 | 798 | $101,738 | 79.3% |
| BLDR | June 30, 2025 | 696 | $86,959 | -39.5% |
| BXC | June 30, 2025 | 1,116 | $83,679 | 13.8% |
| ABT | June 30, 2026 | 775 | $79,569 | 26.1% |
| FISV | Dec. 31, 2025 | 206 | $26,560 | -23.3% |