NOVARE CAPITAL MANAGEMENT LLC
CIK 1388409 · View on SEC EDGAR ↗
- Portfolio value
- $1.4B
- Positions
- 210
- As of
- June 30, 2026
#1,940 of 9,443 by 13F value · top 20.5%
Portfolio value QoQ: +11.7% 13F does not disclose cash
- Top 10 holdings weight
- 35.48%
- Top 25 holdings weight
- 58.68%
- Positions above 1%
- 31
- Effective number of positions
- 50.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 4.91% Est. buys $70,455,462 · sells $65,614,802
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 81.7% still held
- New positions
- 23
- Increased
- 61
- Decreased
- 92
- Closed
- 8
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
16.6%
Industrials
10.5%
Healthcare
9.0%
Retail
7.7%
Financial Services
5.1%
Communication Services
4.9%
Financials
2.9%
Communications
1.4%
Consumer Staples
1.4%
Logistics & Transportation
1.1%
Energy
1.0%
Real Estate
1.0%
Utilities
0.9%
Telecommunication
0.8%
Consumer Discretionary
0.8%
Consumer products
0.1%
Materials
0.0%
Other/Unmapped
34.9%
Full portfolio 210 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SPY SPY | $77,471,316 | 5.50% | 103,742 | $9,520,994 | Down ×3 | ||
| AAPL Apple Inc. - Common Stock | $64,442,133 | 4.57% | 222,706 | $7,401,613 | Down ×2 | ||
| IVV | $60,152,837 | 4.27% | 80,323 | $13,317,030 | Up ×6 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $52,449,411 | 3.72% | 146,765 | $9,535,181 | Down ×6 | ||
| XLK XLK | $49,806,691 | 3.53% | 261,425 | $19,257,632 | Up ×6 | ||
| MSFT Microsoft Corporation - Common Stock | $44,902,688 | 3.19% | 120,376 | $666,661 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $42,464,234 | 3.01% | 212,226 | $4,947,448 | Down ×2 | ||
| AVGO Broadcom Inc. - Common Stock | $40,593,497 | 2.88% | 107,461 | $6,439,377 | Down ×6 | ||
| VSLU | $34,750,301 | 2.47% | 751,418 | $1,131,843 | Down ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $32,823,582 | 2.33% | 137,717 | $5,195,218 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $32,402,386 | 2.30% | 286,089 | $-6,289,274 | Down ×6 | ||
| JNJ Johnson & Johnson Common Stock | $28,875,145 | 2.05% | 113,695 | $740,206 | Down ×4 | ||
| EMR Emerson Electric Company Common Stock | $26,627,987 | 1.89% | 186,015 | $2,056,708 | Down ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $24,454,283 | 1.74% | 74,708 | $2,030,843 | Down ×2 | ||
| BRKB | $23,553,358 | 1.67% | 47,070 | $739,604 | Down ×4 | ||
| V Visa Inc. | $22,862,699 | 1.62% | 66,638 | $2,842,296 | Up ×6 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $22,159,329 | 1.57% | 53,315 | $7,362,878 | Down ×2 | ||
| SOXX SOXX | $21,634,630 | 1.54% | 33,764 | $10,521,973 | Down ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $20,351,653 | 1.44% | 173,265 | $5,487,825 | Down ×6 | ||
| CMI Cummins Inc. Common Stock | $19,238,232 | 1.37% | 26,974 | $2,477,247 | Down ×4 | ||
| BK The Bank of New York Mellon Corporation Common Stock | $19,138,614 | 1.36% | 132,346 | $2,731,373 | Down ×6 | ||
| RTX RTX Corporation Common Stock | $18,104,599 | 1.28% | 95,423 | $-664,312 | Down ×6 | ||
| XLY XLY | $16,237,374 | 1.15% | 138,450 | $846,446 | Down ×2 | ||
| TXN Texas Instruments Incorporated - Common Stock | $15,811,827 | 1.12% | 53,047 | $5,048,317 | Down ×1 | ||
| AME AMETEK, Inc. | $15,552,683 | 1.10% | 64,283 | $1,313,577 | Down ×4 | ||
| GSLC | $15,121,204 | 1.07% | 106,570 | $1,750,823 | Down ×2 | ||
| CHRW C.H. Robinson Worldwide, Inc. - Common Stock | $14,866,099 | 1.06% | 78,932 | $1,197,043 | Down ×4 | ||
| ABBV AbbVie Inc. Common Stock | $14,773,369 | 1.05% | 58,708 | $2,355,479 | Up ×2 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $14,240,542 | 1.01% | 25,281 | $1,478,800 | Up ×2 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $14,160,965 | 1.01% | 110,202 | $871,654 | Down ×2 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $14,051,882 | 1.00% | 92,752 | $-1,068,842 | Down ×4 | ||
| CSX CSX Corporation - Common Stock | $13,825,944 | 0.98% | 290,889 | $1,687,953 | Down ×2 | ||
| QQQ Invesco QQQ Trust, Series 1 | $13,776,683 | 0.98% | 18,708 | $5,521,190 | Up ×1 | ||
| IGV | $13,109,549 | 0.93% | 144,697 | $1,874,211 | Up ×3 | ||
| AMLP | $12,884,725 | 0.91% | 248,500 | $-159,467 | Up ×3 | ||
| LHX L3Harris Technologies, Inc. Common Stock | $12,487,325 | 0.89% | 42,972 | $-2,065,628 | Up ×1 | ||
| TMO Thermo Fisher Scientific Inc Common Stock | $12,311,098 | 0.87% | 24,555 | $150,973 | Down ×2 | ||
| AMP Ameriprise Financial, Inc. Common Stock | $12,231,951 | 0.87% | 26,663 | $662,870 | Up ×3 | ||
| IVW | $11,869,940 | 0.84% | 86,308 | $3,739,366 | Up ×1 | ||
| CSL Carlisle Companies Incorporated Common Stock | $11,799,633 | 0.84% | 32,528 | $1,479,055 | Up ×3 | ||
| HD Home Depot, Inc. (The) Common Stock | $11,689,815 | 0.83% | 33,146 | $693,231 | Down ×4 | ||
| VIG | $11,654,245 | 0.83% | 49,253 | $835,436 | Down ×1 | ||
| SYK Stryker Corporation Common Stock | $11,494,945 | 0.82% | 36,510 | $-687,275 | Down ×2 | ||
| LLY Eli Lilly and Company Common Stock | $11,446,261 | 0.81% | 9,543 | $2,326,902 | Down ×1 | ||
| LOW Lowe's Companies, Inc. Common Stock | $11,281,099 | 0.80% | 51,164 | $-260,055 | Up ×3 | ||
| VZ Verizon Communications Inc. Common Stock | $10,833,607 | 0.77% | 255,872 | $-2,060,690 | Down ×2 | ||
| BAC Bank of America Corporation Common Stock | $10,676,885 | 0.76% | 187,380 | $1,440,831 | Down ×2 | ||
| MDLZ Mondelez International, Inc. - Class A Common Stock | $10,326,060 | 0.73% | 178,528 | Up ×1 | |||
| CVX Chevron Corporation Common Stock | $9,817,451 | 0.70% | 59,227 | $-2,567,942 | Down ×2 | ||
| IEFA | $9,783,072 | 0.69% | 101,295 | $1,437,926 | Up ×1 | ||
| O Realty Income Corporation Common Stock | $9,775,643 | 0.69% | 157,773 | $168,803 | Up ×5 | ||
| ABT Abbott Laboratories Common Stock | $9,343,092 | 0.66% | 102,966 | $-1,520,096 | Down ×1 | ||
| NEE NextEra Energy, Inc. Common Stock | $9,281,445 | 0.66% | 105,747 | $-610,616 | Down ×5 | ||
| BR Broadridge Financial Solutions, Inc. Common Stock | $8,998,026 | 0.64% | 65,703 | $2,238,370 | Up ×1 | ||
| XLF XLF | $8,292,140 | 0.59% | 154,675 | $617,666 | Down ×2 | ||
| XLP XLP | $8,018,187 | 0.57% | 96,523 | $43,542 | Down ×2 | ||
| TSLA Tesla, Inc. - Common Stock | $7,954,285 | 0.56% | 18,912 | $896,701 | Down ×1 | ||
| ICE Intercontinental Exchange Inc. Common Stock | $7,574,362 | 0.54% | 61,525 | $-2,586,603 | Down ×2 | ||
| PEP PepsiCo, Inc. - Common Stock | $7,428,165 | 0.53% | 54,861 | $-1,292,226 | Down ×2 | ||
| XLE XLE | $7,417,768 | 0.53% | 139,668 | $-1,174,438 | Down ×2 | ||
| ROP Roper Technologies, Inc. - Common Stock | $6,846,001 | 0.49% | 20,231 | $-4,941,978 | Down ×2 | ||
| UBER Uber Technologies, Inc. Common Stock | $6,679,491 | 0.47% | 92,565 | $1,078,445 | Up ×4 | ||
| Unknown issuer (CUSIP: 438516205) | $5,948,760 | 0.42% | 26,569 | Up ×1 | |||
| Unknown issuer (CUSIP: 43849R105) | $5,848,893 | 0.42% | 26,456 | Up ×1 | |||
| VCSH Vanguard Short-Term Corporate Bond ETF | $4,788,665 | 0.34% | 60,593 | $192,035 | Up ×3 | ||
| ADP Automatic Data Processing, Inc. - Common Stock | $4,539,243 | 0.32% | 20,269 | Up ×1 | |||
| JPST | $4,300,423 | 0.31% | 85,039 | $427,189 | Up ×1 | ||
| VRT Vertiv Holdings, LLC Class A Common Stock | $4,292,393 | 0.30% | 12,820 | $1,042,871 | Down ×3 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $4,269,689 | 0.30% | 7,350 | $2,485,201 | Down ×3 | ||
| FDUS Fidus Investment Corporation - Closed End Fund | $4,177,646 | 0.30% | 219,069 | $587,140 | Up ×5 | ||
| BSCT Invesco BulletShares 2029 Corporate Bond ETF | $3,999,589 | 0.28% | 215,321 | $227,370 | Up ×6 | ||
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | $3,809,980 | 0.27% | 194,238 | $157,138 | Up ×6 | ||
| BSCV Invesco BulletShares 2031 Corporate Bond ETF | $3,630,392 | 0.26% | 221,568 | $291,563 | Up ×6 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $3,619,587 | 0.26% | 10,614 | $1,690,135 | Down ×1 | ||
| BSCU Invesco BulletShares 2030 Corporate Bond ETF | $3,560,400 | 0.25% | 213,902 | $206,030 | Up ×6 | ||
| IJH | $3,313,340 | 0.24% | 42,969 | $203,110 | Down ×2 | ||
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | $3,238,137 | 0.23% | 159,005 | $215,206 | Up ×1 | ||
| CGBD Carlyle Secured Lending, Inc. - Closed End Fund | $3,026,796 | 0.21% | 287,445 | $276,534 | Up ×5 | ||
| SCHB | $2,629,453 | 0.19% | 90,796 | $355,844 | Up ×1 | ||
| BSCW Invesco BulletShares 2032 Corporate Bond ETF | $2,618,102 | 0.19% | 127,650 | $174,009 | Up ×6 | ||
| VFH | $2,598,048 | 0.18% | 19,742 | $67,440 | Down ×6 | ||
| FALN iShares Fallen Angels USD Bond ETF | $2,549,092 | 0.18% | 93,579 | $34,365 | Down ×1 | ||
| BSCX Invesco BulletShares 2033 Corporate Bond ETF | $2,476,490 | 0.18% | 117,620 | $179,832 | Up ×6 | ||
| IJR | $2,429,022 | 0.17% | 16,378 | $444,039 | Up ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $2,405,094 | 0.17% | 2,571 | $-236,442 | Down ×4 | ||
| BSCQ Invesco BulletShares 2026 Corporate Bond ETF | $2,354,520 | 0.17% | 120,590 | $-232,717 | Down ×4 | ||
| XLC XLC | $2,298,582 | 0.16% | 21,456 | $-985,646 | Down ×1 | ||
| RSP | $2,286,427 | 0.16% | 10,746 | $284,317 | Up ×2 | ||
| EEM | $2,200,750 | 0.16% | 32,170 | ||||
| DLR Digital Realty Trust, Inc. Common Stock | $2,179,743 | 0.15% | 12,138 | $-26,569 | Down ×6 | ||
| SMH SMH | $2,049,001 | 0.15% | 3,124 | $917,971 | Up ×1 | ||
| WSM Williams-Sonoma, Inc. Common Stock (DE) | $2,033,099 | 0.14% | 8,722 | $426,042 | Down ×6 | ||
| PRF | $2,013,677 | 0.14% | 37,270 | $242,321 | Up ×2 | ||
| VDC | $1,932,450 | 0.14% | 8,570 | $-167,467 | Down ×6 | ||
| XOM Exxon Mobil Corporation Common Stock | $1,833,991 | 0.13% | 13,414 | $-480,416 | Down ×1 | ||
| BSCY Invesco BulletShares 2034 Corporate Bond ETF | $1,776,901 | 0.13% | 85,986 | $247,497 | Up ×6 | ||
| XLRE XLRE | $1,656,179 | 0.12% | 37,615 | $150,618 | Up ×4 | ||
| DUK Duke Energy Corporation (Holding Company) Common Stock | $1,623,186 | 0.12% | 12,823 | $-89,244 | Down ×2 | ||
| VYM | $1,589,359 | 0.11% | 10,057 | $99,869 | |||
| KO Coca-Cola Company (The) Common Stock | $1,519,749 | 0.11% | 18,700 | $147,807 | Up ×1 | ||
| 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 |
|---|---|---|---|
| IVV | $60,152,837 | 4.27% | up ×6 |
| XLK | $49,806,691 | 3.53% | up ×6 |
| V | $22,862,699 | 1.62% | up ×6 |
| IGV | $13,109,549 | 0.93% | up ×3 |
| AMLP | $12,884,725 | 0.91% | up ×3 |
| AMP | $12,231,951 | 0.87% | up ×3 |
| CSL | $11,799,633 | 0.84% | up ×3 |
| LOW | $11,281,099 | 0.80% | up ×3 |
| O | $9,775,643 | 0.69% | up ×5 |
| UBER | $6,679,491 | 0.47% | up ×4 |
| VCSH | $4,788,665 | 0.34% | up ×3 |
| FDUS | $4,177,646 | 0.30% | up ×5 |
| BSCT | $3,999,589 | 0.28% | up ×6 |
| BSCR | $3,809,980 | 0.27% | up ×6 |
| BSCV | $3,630,392 | 0.26% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| MDLZ | $10,326,060 | 178,528 | 0.73% |
| Unknown issuer (CUSIP: 438516205) | $5,948,760 | 26,569 | 0.42% |
| Unknown issuer (CUSIP: 43849R105) | $5,848,893 | 26,456 | 0.42% |
| ADP | $4,539,243 | 20,269 | 0.32% |
| EEM | $2,200,750 | 32,170 | 0.16% |
| AVAV | $673,321 | 4,079 | 0.05% |
| PNC | $486,097 | 1,974 | 0.03% |
| SNPS | $415,738 | 932 | 0.03% |
| VST | $398,479 | 2,512 | 0.03% |
| AIPO | $330,759 | 9,900 | 0.02% |
| LRCX | $312,845 | 722 | 0.02% |
| DHR | $282,628 | 1,484 | 0.02% |
| MELI | $281,767 | 166 | 0.02% |
| AMAT | $280,524 | 388 | 0.02% |
| NVO | $245,581 | 5,123 | 0.02% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| XLK | Bought more | +32K | +$19.3M |
| IVV | Bought more | +9K | +$13.3M |
| SOXX | Trimmed | -48 | +$10.5M |
| GOOGL | Trimmed | -2K | +$9.5M |
| SPY | Trimmed | -742 | +$9.5M |
| AAPL | Trimmed | -2K | +$7.4M |
| UNH | Trimmed | -1K | +$7.4M |
| AVGO | Trimmed | -3K | +$6.4M |
| WMT | Trimmed | -25K | -$6.3M |
| QQQ | Bought more | +4K | +$5.5M |
1 position 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 |
|---|---|---|---|---|
| ACN | March 31, 2026 | 56,768 | $15,230,987 | -7.9% |
| HON | June 30, 2026 | 55,702 | $12,590,269 | -1.9% |
| CRM | March 31, 2026 | 35,245 | $9,336,753 | 10.1% |
| ADBE | March 31, 2026 | 21,202 | $7,420,488 | 12.3% |
| ZTS | June 30, 2026 | 39,808 | $4,705,704 | 6.6% |
| APTV | March 31, 2025 | 64,375 | $3,893,400 | -19.7% |
| XLI | June 30, 2025 | 14,708 | $1,927,778 | No longer tracked |
| SPLV | June 30, 2025 | 24,817 | $1,854,327 | No longer tracked |
| VOOG | Dec. 31, 2025 | 2,464 | $1,073,169 | No longer tracked |
| BSCP | Dec. 31, 2025 | 36,734 | $760,027 | No longer tracked |
| SAMG | June 30, 2025 | 36,500 | $597,140 | -37.5% |
| QSR | Sept. 30, 2025 | 8,827 | $585,142 | 23.7% |
| KDP | Dec. 31, 2025 | 19,875 | $507,012 | 13.7% |
| TSCO | March 31, 2026 | 8,417 | $420,919 | -23.0% |
| BINC | March 31, 2026 | 7,800 | $411,606 | No longer tracked |
| C | June 30, 2025 | 5,651 | $401,143 | 54.8% |
| IJR | Sept. 30, 2025 | 3,645 | $398,363 | No longer tracked |
| THO | June 30, 2026 | 4,970 | $397,054 | 6.1% |
| ZS | Sept. 30, 2025 | 1,250 | $392,425 | -42.3% |
| TRGP | Sept. 30, 2025 | 2,200 | $382,976 | 82.7% |
| BABA | June 30, 2025 | 2,886 | $381,616 | 7.7% |
| MCD | Dec. 31, 2025 | 1,176 | $357,297 | -12.1% |
| UVXYXXXX | Dec. 31, 2025 | 32,200 | $336,168 | No longer tracked |
| GPC | March 31, 2025 | 2,797 | $326,578 | 12.5% |
| EPD | Sept. 30, 2025 | 10,425 | $323,280 | 23.1% |
| DGRW | March 31, 2026 | 3,605 | $322,396 | |
| TNA | March 31, 2025 | 7,500 | $314,100 | No longer tracked |
| COP | June 30, 2025 | 2,920 | $306,659 | 50.9% |
| EMN | June 30, 2025 | 3,435 | $302,658 | -0.1% |
| UNP | June 30, 2025 | 1,269 | $299,789 | 33.1% |
| ET | Sept. 30, 2025 | 16,433 | $297,931 | 23.8% |
| CMCSA | Dec. 31, 2025 | 9,341 | $293,492 | -5.5% |
| GLD | June 30, 2026 | 673 | $289,586 | No longer tracked |
| NVO | March 31, 2026 | 5,585 | $284,148 | 27.1% |
| TW | Dec. 31, 2025 | 2,500 | $277,450 | -1.1% |
| KVUE | March 31, 2026 | 15,770 | $272,033 | 9.9% |
| NUBD | Sept. 30, 2025 | 12,072 | $268,723 | No longer tracked |
| FTV | Sept. 30, 2025 | 4,984 | $259,816 | 22.3% |
| PYPL | June 30, 2025 | 3,929 | $256,368 | -16.3% |
| ASTS | Dec. 31, 2025 | 5,000 | $245,400 | -6.3% |
| NUE | Sept. 30, 2025 | 1,890 | $244,829 | 84.1% |
| BDX | June 30, 2025 | 1,068 | $244,681 | 39.4% |
| FCX | Sept. 30, 2025 | 5,525 | $239,509 | 96.6% |
| DHR | March 31, 2026 | 1,039 | $237,794 | 12.9% |
| EEM | Dec. 31, 2025 | 4,375 | $233,625 | No longer tracked |
| FBNC | Sept. 30, 2025 | 5,277 | $232,663 | 22.7% |
| XJH | March 31, 2025 | 5,560 | $232,609 | No longer tracked |
| AVAV | March 31, 2025 | 1,500 | $230,835 | 35.1% |
| ISRG | June 30, 2026 | 492 | $226,808 | -6.1% |
| BDX | Dec. 31, 2025 | 1,185 | $221,833 | 23.7% |
| PEY | Sept. 30, 2025 | 10,835 | $221,143 | |
| MTCH | Dec. 31, 2025 | 6,200 | $218,984 | 23.9% |
| PPG | March 31, 2025 | 1,828 | $218,355 | 3.9% |
| PFE | June 30, 2025 | 8,489 | $215,103 | 15.7% |
| MA | March 31, 2026 | 368 | $209,861 | 15.1% |
| CVS | March 31, 2026 | 2,643 | $209,749 | 30.3% |
| BX | March 31, 2026 | 1,355 | $208,860 | 24.6% |
| IWB | March 31, 2025 | 632 | $203,502 | No longer tracked |
| SON | June 30, 2026 | 3,706 | $200,458 | 4.8% |
| KMB | Dec. 31, 2025 | 1,611 | $200,312 | 7.5% |
| ENB | Sept. 30, 2025 | 4,417 | $200,179 | 1.5% |
| JEPI | June 30, 2026 | 3,530 | $200,081 | No longer tracked |
| PDM | June 30, 2026 | 11,383 | $74,787 | 6.0% |