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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 | |
|---|---|---|---|---|---|---|---|
1
SPDR Gold Trust
GLD
$141B
| $13.7M | 10.39% |
31,827
+166
| +0.5% | +$74.3K |
2025 Q4
1 quarter
|
|
|
2
U.S. Core Equity 2 Portfolio ETF Class Shares
DFAC
$49.4B
| $12.5M | 9.45% |
320,692
+53,630
| +20% | +$2.16M |
2025 Q4
1 quarter
|
|
|
3
U.S. Core Equity 1 Portfolio ETF Class Shares
DCOR
$3.58B
| $10.9M | 8.28% |
151,374
+33,551
| +28% | +$2.51M |
2025 Q4
1 quarter
|
|
4
Apple
AAPL
$4.86T
| $10.2M | 7.74% |
40,194
-216
| -0.5% | -$56.2K |
2025 Q4
1 quarter
|
|
|
5
Dimensional International Core Equity 2 ETF
DFIC
$15.1B
| $6.12M | 4.65% |
172,372
+32,462
| +23% | +$1.18M |
2025 Q4
1 quarter
|
|
6
iShares Gold Trust
IAU
$61.4B
| $5.58M | 4.23% |
63,309
-200
| -0.3% | -$18.3K |
2025 Q4
1 quarter
|
|
7
Capital Group Dividend Value ETF
CGDV
$39B
| $5.24M | 3.97% |
123,085
+4,914
| +4% | +$218K |
2025 Q4
1 quarter
|
|
8
State Street SPDR S&P 500 ETF Trust
SPY
$829B
| $4.81M | 3.65% |
7,393
-58
| -0.8% | -$39.4K |
2025 Q4
1 quarter
|
|
9
Invesco QQQ Trust
QQQ
$510B
| $4.17M | 3.16% |
7,222
+64
| +0.9% | +$38.9K |
2025 Q4
1 quarter
|
|
10
Meta Platforms (Facebook)
META
$1.89T
| $3.7M | 2.81% |
6,468
-2
| -0% | -$1.28K |
2025 Q4
1 quarter
|
|
|
11
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.83B
| $3.16M | 2.4% |
91,591
+18,739
| +26% | +$666K |
2025 Q4
1 quarter
|
|
12
Walmart Inc
WMT
$834B
| $3.12M | 2.37% |
25,136
-742
| -3% | -$91.1K |
2025 Q4
1 quarter
|
|
13
Capital Group Growth ETF
CGGR
$26.5B
| $2.87M | 2.18% |
71,509
+6,594
| +10% | +$285K |
2025 Q4
1 quarter
|
|
14
Palantir
PLTR
$455B
| $2.83M | 2.14% |
19,314
| – | – |
2025 Q4
1 quarter
|
|
15
State Street Energy Select Sector SPDR ETF
XLE
$40.2B
| $1.91M | 1.45% |
31,229
-274
| -0.9% | -$14.7K |
2025 Q4
1 quarter
|
|
16
Broadcom
AVGO
$1.73T
| $1.8M | 1.36% |
5,805
-350
| -6% | -$115K |
2025 Q4
1 quarter
|
|
|
SPYM
17
State Street SPDR Portfolio S&P 500 ETF
SPYM
$176B
| $1.8M | 1.36% |
23,473
-3,544
| -13% | -$283K |
2025 Q4
1 quarter
|
|
|
18
Microsoft
MSFT
$3.9T
| $1.63M | 1.24% |
4,405
-335
| -7% | -$140K |
2025 Q4
1 quarter
|
|
19
iShares Silver Trust
SLV
$29.7B
| $1.5M | 1.14% |
22,026
-164
| -0.7% | -$12.5K |
2025 Q4
1 quarter
|
|
|
DFUS
20
Dimensional US Equity ETF
DFUS
$21.7B
| $1.45M | 1.1% |
20,401
-1,627
| -7% | -$121K |
2025 Q4
1 quarter
|
|
21
Berkshire Hathaway Class B
BRK.B
$1.08T
| $1.37M | 1.04% |
2,868
-182
| -6% | -$89.3K |
2025 Q4
1 quarter
|
|
22
ExxonMobil
XOM
$674B
| $1.34M | 1.02% |
7,897
-140
| -2% | -$20.4K |
2025 Q4
1 quarter
|
|
23
NVIDIA
NVDA
$5.77T
| $1.3M | 0.99% |
7,449
| – | – |
2025 Q4
1 quarter
|
|
|
DFAI
24
Dimensional International Core Equity Market ETF
DFAI
$17.9B
| $1.2M | 0.91% |
30,895
-1,965
| -6% | -$78.6K |
2025 Q4
1 quarter
|
|
|
ETHA
25
iShares Ethereum Trust ETF
ETHA
$29.9B
| $1.12M | 0.85% |
23,559
+14,181
| +151% | +$770K |
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.