New Capital Management LP — 13F Holdings & Portfolio
CIK 1696731 · latest 13F-HR filed 2026-07-14
New Capital Management LP manages $439.0M in 13F-reported U.S. long-equity assets across 60 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are DFAC (25.97%), DFAX (20.22%), BRK.B (12.21%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions and exited 1; 23 existing positions rose in reported value and 11 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-07-14
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 77.6%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 30, 2026.
SUITE 275
HOUSTON, TX 77098
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| GOLUB, LEONARD, MICHAEL Control | LIMITED PARTNER/CHIEF COMPLIANCE OFFICER since May 2004 | 75% or more | Individual |
| SOLARIS ADVISORS, LLC Control | GENERAL PARTNER since May 2004 | Less than 5% | Domestic Entity |
| GOLUB, LEONARD, MICHAEL Control Indirect owner via SOLARIS ADVISORS, LLC | MANAGER AND MEMBER since May 2004 | 75% or more | Individual |
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- DIMENSIONAL ETF TRUST$14.6M +14.7%
- DIMENSIONAL ETF TRUST$7.7M +9.5%
- APPLE INC$2.7M +13.8%
- RBB FUND TRUST$1.5M +12.3%
- DIMENSIONAL ETF TRUST$1.4M +13.7%
Top Trims
- PEPSICO INC-$1.0M -12.8%
- ISHARES BITCOIN TRUST ETF-$695.5K -14.9%
- ISHARES GOLD TR-$341.0K -8.7%
- NETFLIX INC.-$178.4K -25.1%
- ISHARES TR-$109.0K -34.1%
New Capital Management LP Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST | DFAC | 25434V708 | $114.0M | 25.97% | 2,570,196 | SH |
| 2 | DIMENSIONAL ETF TRUST | DFAX | 25434V880 | $88.8M | 20.22% | 2,410,224 | SH |
| 3 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $53.6M | 12.21% | 107,130 | SH |
| 4 | APPLE INC | AAPL | 037833100 | $22.4M | 5.09% | 77,278 | SH |
| 5 | RBB FUND TRUST | EBI | 75526L852 | $13.9M | 3.16% | 213,409 | SH |
| 6 | DIMENSIONAL ETF TRUST | DFSU | 25434V716 | $11.6M | 2.63% | 247,912 | SH |
| 7 | BLACKROCK ETF TRUST II | BINC | 092528603 | $11.4M | 2.60% | 218,332 | SH |
| 8 | ISHARES TR | IUSB | 46434V613 | $9.1M | 2.07% | 196,719 | SH |
| 9 | DIMENSIONAL ETF TRUST | DFSI | 25434V690 | $8.1M | 1.85% | 179,986 | SH |
| 10 | ISHARES TR | IAGG | 46435G672 | $7.8M | 1.77% | 153,832 | SH |
| 11 | PEPSICO INC | PEP | 713448108 | $7.1M | 1.63% | 52,772 | SH |
| 12 | ALPHABET INC | GOOG | 02079K107 | $6.3M | 1.44% | 17,896 | SH |
| 13 | NVIDIA CORPORATION | NVDA | 67066G104 | $5.7M | 1.30% | 28,473 | SH |
| 14 | DIMENSIONAL ETF TRUST | DFGR | 25434V658 | $5.6M | 1.27% | 192,558 | SH |
| 15 | ISHARES TR | STIP | 46429B747 | $5.3M | 1.21% | 52,036 | SH |
| 16 | ISHARES TR | TFLO | 46434V860 | $5.0M | 1.14% | 98,704 | SH |
| 17 | J P MORGAN EXCHANGE TRADED F | JBND | 46654Q716 | $4.4M | 1.00% | 82,073 | SH |
| 18 | VANGUARD MALVERN FDS | VGMS | 922020722 | $4.4M | 1.00% | 85,575 | SH |
| 19 | J P MORGAN EXCHANGE TRADED F | JPIB | 46641Q852 | $4.1M | 0.93% | 84,820 | SH |
| 20 | ISHARES BITCOIN TRUST ETF | IBIT | 46438F101 | $4.0M | 0.91% | 119,587 | SH |
| 21 | ISHARES INC | CEMB | 464286251 | $3.9M | 0.88% | 84,864 | SH |
| 22 | ISHARES INC | GHYG | 464286178 | $3.8M | 0.88% | 84,919 | SH |
| 23 | ISHARES INC | LEMB | 464286517 | $3.8M | 0.88% | 90,597 | SH |
| 24 | ISHARES TR | ISHG | 464288125 | $3.8M | 0.86% | 50,810 | SH |
| 25 | ISHARES GOLD TR | IAU | 464285204 | $3.6M | 0.81% | 47,193 | SH |
| 26 | DIMENSIONAL ETF TRUST | DFSE | 25434V682 | $3.3M | 0.76% | 67,834 | SH |
| 27 | MICROSOFT CORP | MSFT | 594918104 | $3.1M | 0.71% | 8,369 | SH |
| 28 | ISHARES TR | LQD | 464287242 | $2.8M | 0.64% | 25,898 | SH |
| 29 | VANGUARD INTL EQUITY INDEX F | VT | 922042742 | $1.7M | 0.38% | 10,542 | SH |
| 30 | YUM BRANDS INC | YUM | 988498101 | $1.4M | 0.32% | 8,662 | SH |
| 31 | ALPHABET INC | GOOGL | 02079K305 | $1.1M | 0.25% | 3,108 | SH |
| 32 | KIMCO REALTY CORP | KIM | 49446R109 | $1.1M | 0.25% | 43,254 | SH |
| 33 | AMAZON COM INC | AMZN | 023135106 | $1.1M | 0.25% | 4,523 | SH |
| 34 | MASTERCARD INCORPORATED | MA | 57636Q104 | $963.1K | 0.22% | 1,875 | SH |
| 35 | META PLATFORMS INC | META | 30303M102 | $948.1K | 0.22% | 1,683 | SH |
| 36 | ABBVIE INC | ABBV | 00287Y109 | $821.2K | 0.19% | 3,263 | SH |
| 37 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $813.2K | 0.19% | 869 | SH |
| 38 | ISHARES TR | ACWI | 464288257 | $718.1K | 0.16% | 4,575 | SH |
| 39 | BROADCOM INC | AVGO | 11135F101 | $646.7K | 0.15% | 1,712 | SH |
| 40 | ISHARES TR | AOR | 464289867 | $624.5K | 0.14% | 8,985 | SH |
| 41 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $598.9K | 0.14% | 802 | SH |
| 42 | NETFLIX INC. | NFLX | 64110L106 | $531.2K | 0.12% | 7,440 | SH |
| 43 | EXXON MOBIL CORP | XOM | 30231G102 | $464.3K | 0.11% | 3,396 | SH |
| 44 | ELI LILLY & CO | LLY | 532457108 | $408.0K | 0.09% | 340 | SH |
| 45 | ISHARES TR | AOA | 464289859 | $380.9K | 0.09% | 3,903 | SH |
| 46 | YUM CHINA HLDGS INC | YUMC | 98850P109 | $361.8K | 0.08% | 8,853 | SH |
| 47 | MERCADOLIBRE INC | MELI | 58733R102 | $344.6K | 0.08% | 203 | SH |
| 48 | WARNER BROS DISCOVERY INC | WBD | 934423104 | $338.6K | 0.08% | 12,700 | SH |
| 49 | HOME DEPOT INC | HD | 437076102 | $337.7K | 0.08% | 958 | SH |
| 50 | VANGUARD BD INDEX FDS | VUSB | 92203C303 | $314.8K | 0.07% | 6,323 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-14 | $439.0M | 60 | 0001696731-26-000003 |
| 2026-03-31 | 2026-04-14 | $405.7M | 59 | 0001696731-26-000002 |
| 2025-12-31 | 2026-01-20 | $398.1M | 55 | 0001696731-26-000001 |
STE 275
HOUSTON, TX 77098