NCM

Nearwater Capital Markets Portfolio holdings

AUM $3.51B

This Quarter Return

-3.11%

1 Year Return

–

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$3.51B

AUM Growth

+$10.7M (+0.3%)

Cap. Flow

+$196M

Cap. Flow % of AUM

5.59%

Top 10 Holdings %Top 10 Hldgs %

51.13%

Holding

New

Increased

Reduced

Closed

Top Buys

1	SPDR S&P 500 ETF Trust SPY	$280M
2	Meta Platforms (Facebook) META	$61.1M
3	iShares China Large-Cap ETF FXI	$58.8M
4	Walt Disney DIS	$56.3M
5	Alphabet (Google) Class A GOOGL	$55.7M

Top Sells

1	Goldman Sachs GS	$101M
2	Mastercard MA	$83.3M
3	Broadcom AVGO	$63M
4	Walmart WMT	$41.3M
5	Bank of America BAC	$39.2M

Sector Composition

1	Technology	22.97%
2	Financials	16.32%
3	Communication Services	8.9%
4	Consumer Discretionary	6.13%
5	Industrials	5.82%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Palantir PLTR $351B	$32.1M	0.91%	380,270	–	–
27	27 American Express AXP $218B	$31.1M	0.88%	115,500 -54,500	-32%	-$14.7M
28	28 Micron Technology MU $134B	$29.6M	0.84%	341,000 -99,000	-23%	-$8.6M
29	29 Berkshire Hathaway Class B BRK.B $1.01T	$29.5M	0.84%	55,302 -54,000	-49%	-$28.8M
30	30 American Airlines Group AAL $8.03B	$29M	0.83%	+2,750,000	New	+$29M
31	31 UnitedHealth UNH $265B	$28.8M	0.82%	+55,000	New	+$28.8M
32	32 Progressive PGR $142B	$28.3M	0.81%	100,000 +15,000	+18%	+$4.25M
33	33 Accenture ACN $172B	$28.1M	0.8%	90,000 +40,000	+80%	+$12.5M
34	34 Marsh & McLennan MMC $104B	$27.9M	0.8%	114,519	–	–
35	35 Colgate-Palmolive CL $71.4B	$26.5M	0.75%	282,501	–	–
36	36 Texas Instruments TXN $198B	$25.2M	0.72%	140,000	–	–
37	37 GE Aerospace GE $282B	$25M	0.71%	124,800 +61,800	+98%	+$12.4M
38	38 Tesla TSLA $1T	$23.6M	0.67%	91,000 -145,000	-61%	-$37.6M
39	39 Intuitive Surgical ISRG $184B	$23.6M	0.67%	47,579 -57,326	-55%	-$28.4M
40	40 Citigroup C $169B	$22.4M	0.64%	315,000 +123,457	+64%	+$8.76M
41	41 CrowdStrike CRWD $118B	$21.2M	0.6%	60,000 -50,000	-45%	-$17.6M
42	42 ConocoPhillips COP $117B	$21M	0.6%	200,000 -150,000	-43%	-$15.8M
43	43 AT&T T $194B	$19.8M	0.56%	700,000	–	–
44	44 Qualcomm QCOM $169B	$18.4M	0.52%	+120,000	New	+$18.4M
45	45 Welltower WELL $102B	$18.4M	0.52%	+120,000	New	+$18.4M
46	46 Elevance Health ELV $76B	$17.7M	0.5%	40,670	–	–
47	47 Travelers Companies TRV $56.8B	$17.2M	0.49%	65,000	–	–
48	48 Bristol-Myers Squibb BMY $94.5B	$17.1M	0.49%	280,000	–	–
49	49 Comcast CMCSA $130B	$17M	0.48%	460,000	–	–
50	X 50 DELISTED US Steel X	$16.9M	0.48%	+400,000	New	+$16.9M