New Capital Management LP

Q1 2026 13F-HR Holdings

Location
Houston, TX
Holdings as of
3/31/2026
Date filed
4/14/2026
Form type
13F-HR
Num holdings
59
Total value ($000)
$405,653
Net value change ($000)
+7,532 (1.9%)
New positions
5
Sold out positions
1
Turnover %
2.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 1/20/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
DFAX 4,132 5.4%
JPIB 4,022 NEW
IAU 3,641 1379.2%
LQD 2,801 NEW
IAGG 2,785 57.5%
CEMB 1,244 48.6%
GHYG 1,242 48.8%
ISHG 1,205 47.8%
DFGR 1,143 29.1%
LEMB 1,027 39.0%
Top Reduces (Value $000, Stocks/ETFs)
DFAC -5,955 -5.7%
BRK-B -2,733 -5.1%
AAPL -1,595 -7.5%
JMST -1,518 -85.6%
DFSU -1,397 -12.1%
STIP -1,073 -16.8%
VGMS -896 -17.2%
MSFT -518 -14.4%
JPST -327 -100.0%
NVDA -316 -6.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type