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GCM
Gunpowder Capital Management Portfolio holdings
AUM
$142M
This Fund
S&P 500
This Quarter
Est. Return
-0.82%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$132M
AUM Growth
+$3.37M
(+2.6%)
Cap. Flow
+$6M
Cap. Flow
% of AUM
4.55%
Top 10 Holdings %
Top 10 Hldgs %
58.32%
Holding
447
New
8
Increased
35
Reduced
91
Closed
39
Avg Time Held Equity + Options
1
quarter
Top 10 Avg Time Held Equity + Options
1
quarter
Top 20 Avg Time Held Equity + Options
1
quarter
Avg Time Held Equity only
1
quarter
Top 10 Avg Time Held Equity only
1
quarter
Top 20 Avg Time Held Equity only
1
quarter
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
U.S. Core Equity 1 Portfolio ETF Class Shares
DCOR
|
+$2.51M |
| 2 |
U.S. Core Equity 2 Portfolio ETF Class Shares
DFAC
|
+$2.16M |
| 3 |
Dimensional International Core Equity 2 ETF
DFIC
|
+$1.18M |
| 4 |
ETHA
iShares Ethereum Trust ETF
ETHA
|
+$770K |
| 5 |
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
|
+$666K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$283K |
| 2 |
Microsoft
MSFT
|
+$140K |
| 3 |
Cigna
CI
|
+$131K |
| 4 |
JD.com
JD
|
+$122K |
| 5 |
DFUS
Dimensional US Equity ETF
DFUS
|
+$121K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 69.42% |
| 2 | Technology | 13.9% |
| 3 | Communication Services | 3.6% |
| 4 | Consumer Staples | 3.01% |
| 5 | Financials | 2.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
326
3M
MMM
$84.2B
| $5.23K | ﹤0.01% |
36
| – | – |
2025 Q4
1 quarter
|
|
327
Broadridge
BR
$18B
| $5.2K | ﹤0.01% |
32
-18
| -36% | -$3.42K |
2025 Q4
1 quarter
|
|
328
M&T Bank
MTB
$31.5B
| $4.89K | ﹤0.01% |
23
-1
| -4% | -$215 |
2025 Q4
1 quarter
|
|
329
AST SpaceMobile
ASTS
$17.5B
| $4.81K | ﹤0.01% |
+58
| New | +$5.47K |
2026 Q1
0 quarters
|
|
330
State Street Materials Select Sector SPDR ETF
XLB
$7.87B
| $4.7K | ﹤0.01% |
94
| – | – |
2025 Q4
1 quarter
|
|
331
WesBanco
WSBC
$3.62B
| $4.48K | ﹤0.01% |
130
| – | – |
2025 Q4
1 quarter
|
|
332
iShares MBS ETF
MBB
$35.3B
| $4.37K | ﹤0.01% |
46
| – | – |
2025 Q4
1 quarter
|
|
333
Schwab Municipal Bond ETF
SCMB
$3.1B
| $3.98K | ﹤0.01% |
156
| – | – |
2025 Q4
1 quarter
|
|
334
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$668M
| $3.97K | ﹤0.01% |
60
| – | – |
2025 Q4
1 quarter
|
|
335
Factset
FDS
$9.83B
| $3.91K | ﹤0.01% |
18
-2
| -10% | -$467 |
2025 Q4
1 quarter
|
|
336
iShares Bitcoin Trust
IBIT
$68.7B
| $3.84K | ﹤0.01% |
+100
| New | +$4.33K |
2026 Q1
0 quarters
|
|
|
SOLS
337
Solstice Advanced Materials
SOLS
$9.22B
| $3.43K | ﹤0.01% |
45
-18
| -29% | -$1.23K |
2025 Q4
1 quarter
|
|
338
iShares ESG Aware MSCI USA ETF
ESGU
$18.2B
| $3.25K | ﹤0.01% |
23
| – | – |
2025 Q4
1 quarter
|
|
339
Harmony Gold Mining
HMY
$10.8B
| $3.15K | ﹤0.01% |
205
| – | – |
2025 Q4
1 quarter
|
|
340
iShares MSCI USA Value Factor ETF
VLUE
$9.51B
| $3.13K | ﹤0.01% |
22
| – | – |
2025 Q4
1 quarter
|
|
341
Under Armour Class C
UA
$1.96B
| $3.13K | ﹤0.01% |
540
| – | – |
2025 Q4
1 quarter
|
|
342
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.4B
| $2.97K | ﹤0.01% |
58
| – | – |
2025 Q4
1 quarter
|
|
343
State Street Real Estate Select Sector SPDR ETF
XLRE
$7.59B
| $2.94K | ﹤0.01% |
72
| – | – |
2025 Q4
1 quarter
|
|
344
Strategy Inc
MSTR
$65.6B
| $2.75K | ﹤0.01% |
22
| – | – |
2025 Q4
1 quarter
|
|
345
Analog Devices
ADI
$203B
| $2.54K | ﹤0.01% |
8
| – | – |
2025 Q4
1 quarter
|
|
346
State Street SPDR S&P Insurance ETF
KIE
$539M
| $2.48K | ﹤0.01% |
45
| – | – |
2025 Q4
1 quarter
|
|
347
Vanguard Long-Term Bond ETF
BLV
$5.4B
| $2.34K | ﹤0.01% |
34
| – | – |
2025 Q4
1 quarter
|
|
348
Schwab US Large-Cap Growth ETF
SCHG
$65.3B
| $2.21K | ﹤0.01% |
76
| – | – |
2025 Q4
1 quarter
|
|
349
Invesco S&P 500 Quality ETF
SPHQ
$19B
| $2.18K | ﹤0.01% |
29
| – | – |
2025 Q4
1 quarter
|
|
350
NCR Atleos
NATL
$3.36B
| $2.18K | ﹤0.01% |
50
| – | – |
2025 Q4
1 quarter
|
|
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Gunpowder Capital Management's Q1 2026 Portfolio in Review
As of Q1 2026, Gunpowder Capital Management held 447 positions worth $132M, up 2.6% from $128M the previous quarter. Its ten largest holdings account for 58% of the portfolio.
Gunpowder Capital Management deployed $6M of net new capital in Q1 2026, opening 8 new positions and adding to 35 existing holdings. Its largest new stake was Hedgeye Fourth Turning ETF: 6,654 shares worth $177K.
By sector, the portfolio is most concentrated in Miscellaneous at 69% of assets, up from 65% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was State Street SPDR Portfolio S&P 500 ETF, an estimated $283K trimmed.
- Gunpowder Capital Management's largest Q1 2026 buy was Hedgeye Fourth Turning ETF: 6,654 shares worth $177K.
- Gunpowder Capital Management added most to U.S. Core Equity 1 Portfolio ETF Class Shares in Q1 2026, an estimated $2.51M increase.
- Gunpowder Capital Management's biggest Q1 2026 reduction was State Street SPDR Portfolio S&P 500 ETF, cutting an estimated $283K.
- Gunpowder Capital Management fully exited Zevra Therapeutics in Q1 2026, selling an estimated $52.8K.
- Gunpowder Capital Management's ten largest holdings make up 58% of its $132M portfolio in Q1 2026.
- Gunpowder Capital Management opened 8 new positions and closed 39 in Q1 2026.
- Gunpowder Capital Management's portfolio value rose 2.6% quarter-over-quarter to $132M.
Based on Gunpowder Capital Management's 13F filing for Q1 2026, filed 14 May 2026.