We are live on ! Find out more
NCM

Nearwater Capital Markets Portfolio holdings

AUM $4.24B
1-Year Est. Return 66.03%
This Fund
S&P 500
This Quarter Est. Return
+13.37%
1 Year Est. Return
+66.03%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$5.85B
AUM Growth
-$1.63B
Cap. Flow
-$1.79B
Cap. Flow %
-30.62%
Top 10 Hldgs %
46.78%
Holding
182
New
38
Increased
22
Reduced
18
Closed
78

Top Buys

Rank Stock Value
1
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$289M
2
MRVL icon
Marvell Technology
MRVL
+$131M
3
META icon
Meta Platforms (Facebook)
META
+$120M
4
WMT icon
Walmart Inc
WMT
+$109M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$88.9M

Top Sells

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$837M
2
NVDA icon
NVIDIA
NVDA
+$422M
3
GS icon
Goldman Sachs
GS
+$210M
4
PLTR icon
Palantir
PLTR
+$162M
5
AAPL icon
Apple
AAPL
+$162M

Sector Composition

Rank Sector Weight
1 Technology 35.64%
2 Communication Services 13.96%
3 Consumer Discretionary 8.82%
4 Consumer Staples 7.62%
5 Healthcare 6.91%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FISV
26
Fiserv Inc
FISV
$27B
$66.8M 1.14%
995,000
– –
SJM icon
27
J.M. Smucker
SJM
$12.7B
$66.5M 1.14%
680,000
– –
VCIT icon
28
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.7B
$65.5M 1.12%
+782,100
New +$65.7M
SNDK
29
Sandisk
SNDK
$200B
$64.4M 1.1%
+271,400
New +$54.4M
BKNG icon
30
Booking.com
BKNG
$159B
$64.3M 1.1%
300,000
-15,000
-5% -$3.09M
AMZN icon
31
Amazon
AMZN
$2.89T
$63.5M 1.09%
275,000
-428,300
-61% -$98M
BSV icon
32
Vanguard Short-Term Bond ETF
BSV
$45.6B
$63M 1.08%
+800,000
New +$63.1M
ANET icon
33
Arista Networks
ANET
$263B
$54.9M 0.94%
419,000
+306,400
+272% +$42.2M
CELC icon
34
Celcuity
CELC
$4.38B
$51.9M 0.89%
+520,200
New +$42.8M
NOW icon
35
ServiceNow
NOW
$129B
$50.6M 0.86%
330,000
+215,000
+187% +$36.9M
PEP icon
36
PepsiCo
PEP
$188B
$38.8M 0.66%
270,000
+150,000
+125% +$22M
TTMI icon
37
TTM Technologies
TTMI
$14.7B
$38.6M 0.66%
+558,900
New +$36.5M
TMUS icon
38
T-Mobile US
TMUS
$189B
$38.4M 0.66%
+189,000
New +$40.1M
UNP icon
39
Union Pacific
UNP
$174B
$37.2M 0.64%
161,000
+61,000
+61% +$13.9M
KVUE icon
40
Kenvue
KVUE
$36.5B
$34.3M 0.59%
+1,990,000
New +$32.5M
GE icon
41
GE Aerospace
GE
$381B
$33.9M 0.58%
110,000
+36,200
+49% +$10.9M
NFLX icon
42
Netflix
NFLX
$308B
$32.8M 0.56%
+350,000
New +$37.7M
WDAY icon
43
Workday
WDAY
$43.2B
$32.2M 0.55%
150,000
– –
LRN icon
44
Stride
LRN
$3.24B
$31.7M 0.54%
+488,000
New +$44.3M
PKG icon
45
Packaging Corp of America
PKG
$23B
$29.5M 0.5%
143,000
+88,000
+160% +$17.9M
EFA icon
46
iShares MSCI EAFE ETF
EFA
$80.2B
$28.8M 0.49%
+300,000
New +$28.5M
DIS icon
47
Walt Disney
DIS
$178B
$28.4M 0.49%
250,000
-133,200
-35% -$14.7M
HON icon
48
Honeywell
HON
$73.7B
$28.4M 0.49%
145,700
-107,561
-42% -$21M
KWEB icon
49
KraneShares CSI China Internet ETF
KWEB
$5.43B
$27.2M 0.47%
+800,000
New +$30.8M
FUN icon
50
Cedar Fair
FUN
$1.65B
$26.9M 0.46%
1,755,500
+1,000,000
+132% +$18.1M
1
2
3 4 5

Similar funds

AI
Advent International Boston, Massachusetts $4.24B AUM 4.24% 1-Year Est. Return
DT
DV Trading Chicago, Illinois $4.22B AUM
CIC
Chilton Investment Company Stamford, Connecticut $4.26B AUM 1.32% 1-Year Est. Return
BG
Bellevue Group Kuesnacht, Switzerland $4.2B AUM 54.85% 1-Year Est. Return
IWM
IHT Wealth Management Chicago, Illinois $4.3B AUM 21.02% 1-Year Est. Return
CW
CreativeOne Wealth Overland Park, Kansas $4.31B AUM 19.42% 1-Year Est. Return
IUHSA
Itau Unibanco Holding S.A. Sao Paulo, Brazil $4.31B AUM 46.57% 1-Year Est. Return
MYIA
Mount Yale Investment Advisors Denver, Colorado $4.31B AUM 21.13% 1-Year Est. Return

Nearwater Capital Markets's Q4 2025 Portfolio in Review

As of Q4 2025, Nearwater Capital Markets held 182 positions worth $5.85B, down 22% from $7.48B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Nearwater Capital Markets withdrew a net $1.79B in Q4 2025, closing 78 positions and reducing 18 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $837M position sold in full.

By sector, the portfolio is most concentrated in Technology at 36% of assets, down from 38% a quarter earlier, followed by Communication Services and Consumer Discretionary.

Against the trend, Nearwater Capital Markets opened a new position in Vanguard FTSE Developed Markets ETF worth $295M.

  • Nearwater Capital Markets's largest Q4 2025 buy was Vanguard FTSE Developed Markets ETF: 4,714,850 shares worth $295M.
  • Nearwater Capital Markets added most to Meta Platforms (Facebook) in Q4 2025, an estimated $120M increase.
  • Nearwater Capital Markets's biggest Q4 2025 reduction was NVIDIA, cutting an estimated $422M.
  • Nearwater Capital Markets fully exited iShares Core S&P 500 ETF in Q4 2025, selling an estimated $837M.
  • Nearwater Capital Markets's ten largest holdings make up 47% of its $5.85B portfolio in Q4 2025.
  • Nearwater Capital Markets opened 38 new positions and closed 78 in Q4 2025.
  • Nearwater Capital Markets's portfolio value fell 22% quarter-over-quarter to $5.85B.

Based on Nearwater Capital Markets's 13F filing for Q4 2025, filed 17 Feb 2026.