NI
NCP Inc. SEC 13F Disclosure Analysis
NCP Inc.CIK: 0002023709
Diversified strategyMomentum followerHigh-turnover trader
Total reported value
$60.1M
Reporting period: 2026-03-31 · Number of holdings: 76
NCP Inc. disclosed 76 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $60.1M and a quarterly turnover rate of 74.3%.
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Personality snowflake
- Concentration
- 33.75
- Portfolio Stability
- 74.26
- Momentum/Contrarian
- 100
- Sector conviction
- 78.5
- Diversification
- 100
- Sizing Uniformity
- 76.58
NCP Inc.'s disclosed holdings carry a Herfindahl concentration index of 0.084 — mathematically equivalent to about 12 equally-sized positions, well below its 76 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 2.34), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
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Recent moves
Add AMZN
+1.5% -$507.3K
Trim PLTR
-79.7% -$5.8M
Add GOOGL
-1.0% -$443.5K
Trim META
-84.0% -$4.8M
Add NVDA
-39.6% -$10.2M
Add AAPL
-10.5% -$793.5K
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 21.94% | +3.11% | -39.60% | |
| 2 | AMZN | Amazon.com INC | Stock-Consumer Disc | 9.22% | +4.34% | +1.53% | |
| 3 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 7.42% | +3.47% | -1.00% | |
| 4 | TSLA | Tesla INC | Stock-Consumer Disc | 7.05% | +2.66% | -5.86% | |
| 5 | AAPL | Apple INC | Stock-Tech | 6.69% | +2.81% | -10.54% | |
| 6 | AVGO | Broadcom INC | Stock-Tech | 6.09% | +2.14% | -16.42% | |
| 7 | EQIX | Equinix INC | Stock-Real Estate | 5.14% | +2.48% | -26.74% | |
| 8 | CRWD | Crowdstrike Holdings INC - A | Stock-Tech | 3.25% | +1.23% | -6.54% | |
| 9 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 3.14% | +1.77% | -3.71% | |
| 10 | PANW | Palo Alto Networks INC | Stock-Tech | 2.64% | +2.62% | +8585.96% | |
| 11 | BA | Boeing Co/the | Stock-Industrials | 2.38% | +1.06% | -4.24% | |
| 12 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 2.16% | -1.29% | -67.69% | |
| 13 | GS | Goldman Sachs Group INC | Stock-Financials | 2.11% | — | — | |
| 14 | PLTR | Palantir Technologies Inc-a | Stock-Tech | 1.93% | -3.70% | -79.75% | |
| 15 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.81% | +0.81% | -3.90% | |
| 16 | WM | Waste Management INC | Stock-Industrials | 1.54% | — | +0.02% | |
| 17 | ISRG | Intuitive Surgical INC | Stock-Healthcare | 1.53% | +0.62% | — | |
| 18 | GEV | GE Vernova INC | Stock-Industrials | 1.52% | +0.94% | -4.91% | |
| 19 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.30% | -3.22% | -83.96% | |
| 20 | GE | General Electric | Stock-Industrials | 1.10% | — | +5.19% | |
| 21 | JNJ | Johnson & Johnson | Stock-Healthcare | 1.09% | +0.64% | — | |
| 22 | MSFT | Microsoft CORP | Stock-Tech | 0.90% | +0.19% | -19.78% | |
| 23 | UNH | Unitedhealth Group INC | Stock-Healthcare | 0.88% | -0.11% | -47.52% | |
| 24 | HON | Honeywell International INC | Stock-Industrials | 0.82% | — | — | |
| 25 | UAL | United Airlines Holdings INC | Stock-Industrials | 0.69% | — | +3.40% | |
| 26 | NFLX | Netflix INC | Stock-Comm Services | 0.56% | -0.06% | -57.51% | |
| 27 | BAC | Bank Of America CORP | Stock-Financials | 0.52% | -1.08% | -82.11% | |
| 28 | TMO | Thermo Fisher Scientific INC | Stock-Healthcare | 0.41% | — | — | |
| 29 | XLF | Ss Financial Select Sector | ETF-Other | 0.36% | +0.05% | -37.92% | |
| 30 | MMM | 3m Co | Stock-Industrials | 0.34% | — | -13.85% | |
| 31 | GM | General Motors Co | Stock-Consumer Disc | 0.32% | — | -13.74% | |
| 32 | T | At&t INC | Stock-Comm Services | 0.19% | — | -6.15% | |
| 33 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.19% | -0.01% | -48.59% | |
| 34 | MO | Altria Group INC | Stock-Consumer Staples | 0.19% | — | — | |
| 35 | IBM | Intl Business Machines CORP | Stock-Tech | 0.18% | — | -12.45% | |
| 36 | HD | Home Depot INC | Stock-Consumer Disc | 0.16% | — | -13.79% | |
| 37 | VEU | Vanguard Ftse All-world Ex-u | ETF-Other | 0.16% | -0.30% | -83.41% | |
| 38 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.16% | -1.49% | -95.00% | |
| 39 | V | Visa Inc-class A Shares | Stock-Financials | 0.16% | — | -45.85% | |
| 40 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.15% | — | — | |
| 41 | VZ | Verizon Communications INC | Stock-Comm Services | 0.13% | — | -56.03% | |
| 42 | F | Ford Motor Co | Stock-Consumer Disc | 0.12% | -0.02% | -49.52% | |
| 43 | WMT | Walmart INC | Stock-Consumer Staples | 0.12% | — | -11.63% | |
| 44 | ORLY | O'reilly Automotive INC | Stock-Consumer Disc | 0.12% | — | — | |
| 45 | GEHC | GE Healthcare Technology | Stock-Healthcare | 0.08% | — | -4.24% | |
| 46 | ANET | Arista Networks INC | Stock-Tech | 0.08% | — | — | |
| 47 | WFC | Wells Fargo & Co | Stock-Financials | 0.08% | — | — | |
| 48 | SOLS | Solstice Adv Materials INC | Stock-Materials | 0.07% | — | — | |
| 49 | CVX | Chevron CORP | Stock-Energy | 0.07% | — | -49.49% | |
| 50 | IRM | Iron Mountain INC | Stock-Real Estate | 0.07% | — | -50.25% |
1–50 of 76
Portfolio Performance
Performance for Q3 2026
+0.6%
Performance Last 4 Quarters
+15%
Based on 86% of reported portfolio value with available pricing
- Stdev
- +20.4%
- Beta
- +1.41
- Alpha
- -1%
- Max Drawdown
- -15.9%
- Annualized Perf
- +25%
- Batting Avg vs S&P
- +53.8%
- Sortino
- +2.35
- Stutzer
- +0.35
- Treynor
- +0.17
- Sterling
- +1.11
- Calmar
- +1.57
- Information Ratio
- +0.53
- Tracking Error
- +12.1%
- Stdev Down
- +10.4%
- Winning Months %
- +65.4%
- Losing Months %
- +34.6%
- Best 12 Months
- +46.7%
- Worst 12 Months
- +14.9%
- Efficiency Ratio
- +0.5
- Sharpe
- +1.2
- Stdev Sectors
- +12.5%
- Skewness
- +0.06
- Kurtosis
- +0.39
- Upside Potential
- +3.95
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 76 | $60.1M | 74 | |
| 2025-12-31 | 163 | $124.0M | 34 | |
| 2025-09-30 | 51 | $134.5M | 59 | |
| 2025-06-30 | 50 | $106.1M | 0 | |
| 2025-03-31 | 133 | $74.1M | 0 | |
| 2024-12-31 | 132 | $194.8M | 0 | |
| 2024-09-30 | 136 | $175.5M | 0 | |
| 2024-06-30 | 138 | $158.1M | 0 | |
| 2024-03-31 | 136 | $144.5M | 0 |
Holding changes this quarter
NCP Inc.'s most significant position changes for 2026-03-31: Sold out: Eli Lilly & Co (LLY); Sold out: Robinhood Markets INC - A (HOOD); Sold out: Cyberark Software LTD; Sold out: JPM Nasdaq Equity Premium (JEPQ); Sold out: Nuveen S&p 500 Buy-wr INC (XBXMX).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | AMZN | Amazon.com INC | +4.3% | +1.53% | Add |
| 2 | GOOGL | Alphabet Inc-cl A | +3.5% | -1.00% | Trim |
| 3 | NVDA | Nvidia CORP | +3.1% | -39.60% | Trim |
| 4 | AAPL | Apple INC | +2.8% | -10.54% | Trim |
| 5 | TSLA | Tesla INC | +2.7% | -5.86% | Trim |
| 6 | PANW | Palo Alto Networks INC | +2.6% | +8585.96% | Add |
| 7 | EQIX | Equinix INC | +2.5% | -26.74% | Trim |
| 8 | AVGO | Broadcom INC | +2.1% | -16.42% | Trim |
| 9 | COST | Costco Wholesale CORP | +1.8% | -3.71% | Trim |
| 10 | CRWD | Crowdstrike Holdings INC - A | +1.2% | -6.54% | Trim |
| 11 | BA | Boeing Co/the | +1.1% | -4.24% | Trim |
| 12 | GEV | GE Vernova INC | +0.9% | -4.91% | Trim |
| 13 | JPM | Jpmorgan Chase & Co | +0.8% | -3.90% | Trim |
| 14 | JNJ | Johnson & Johnson | +0.6% | — | Unchanged |
| 15 | ISRG | Intuitive Surgical INC | +0.6% | — | Unchanged |
| 16 | MSFT | Microsoft CORP | +0.2% | -19.78% | Trim |
| 17 | XLF | Ss Financial Select Sector | +0.1% | -37.92% | Trim |
| 18 | V | Visa Inc-class A Shares | — | -45.85% | Trim |
| 19 | GOOG | Alphabet Inc-cl C | 0% | -48.59% | Trim |
| 20 | F | Ford Motor Co | 0% | -49.52% | Trim |
| 21 | NFLX | Netflix INC | -0.1% | -57.51% | Trim |
| 22 | FCX | Freeport-mcmoran INC | -0.1% | -93.79% | Trim |
| 23 | UNH | Unitedhealth Group INC | -0.1% | -47.52% | Trim |
| 24 | XOM | Exxon Mobil CORP | -0.1% | EXIT | Sold out |
| 25 | AMD | Advanced Micro Devices | -0.2% | -91.32% | Trim |
| 26 | VEU | Vanguard Ftse All-world Ex-u | -0.3% | -83.41% | Trim |
| 27 | BAC | Bank Of America CORP | -1.1% | -82.11% | Trim |
| 28 | QQQ | Invesco Qqq Trust Series 1 | -1.3% | -67.69% | Trim |
| 29 | SPY | Ss Spdr S&p 500 ETF Trust-us | -1.5% | -95.00% | Trim |
| 30 | META | Meta Platforms Inc-class A | -3.2% | -83.96% | Trim |
| 31 | PLTR | Palantir Technologies Inc-a | -3.7% | -79.75% | Trim |
| 32 | LLY | Eli Lilly & Co | — | EXIT | Sold out |
| 33 | HOOD | Robinhood Markets INC - A | — | EXIT | Sold out |
| 34 | ✓ | Cyberark Software LTD | — | EXIT | Sold out |
| 35 | JEPQ | JPM Nasdaq Equity Premium | — | EXIT | Sold out |
| 36 | XBXMX | Nuveen S&p 500 Buy-wr INC | — | EXIT | Sold out |
| 37 | NDMO | Nuveen Dynamic Municipal Opp | — | EXIT | Sold out |
| 38 | PDI | Pimco Dynamic Income Fund | — | EXIT | Sold out |
| 39 | DIA | Ss Spdr Dow Jones Indus Avg | — | EXIT | Sold out |
| 40 | TSM | Taiwan Semiconductor-sp Adr | — | EXIT | Sold out |
| 41 | VBK | Vanguard Small-cap Grwth ETF | — | EXIT | Sold out |
| 42 | VTWO | Vanguard Russell 2000 ETF | — | EXIT | Sold out |
| 43 | OHI | Omega Healthcare Investors | — | EXIT | Sold out |
| 44 | JPEF | Jpmorgan Equity Focus ETF | — | EXIT | Sold out |
| 45 | XLE | Ss Energy Select Sector | — | EXIT | Sold out |
| 46 | KMI | Kinder Morgan INC | — | EXIT | Sold out |
| 47 | BRK-B | Berkshire Hathaway Inc-cl B | — | EXIT | Sold out |
| 48 | JOBY | Joby Aviation, Inc. | — | EXIT | Sold out |
| 49 | C | Citigroup INC | — | EXIT | Sold out |
| 50 | GRAL | Grail INC | — | EXIT | Sold out |
Filing History
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-08 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-17 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-13 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-14 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-06 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-04 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-13 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-30 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-08-30 | 13F-HR | View on EDGAR |
FAQ
What is NCP Inc. and what type of investor is it?
NCP Inc. is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $60.1M, spread across 76 disclosed positions.
What are NCP Inc.'s largest equity positions?
Based on the latest 13F filing, NCP Inc.'s top holdings by market value are:
1. Nvidia CORP (NVDA) — $13.2M (21.9%)
2. Amazon.com INC (AMZN) — $5.5M (9.2%)
3. Alphabet Inc-cl A (GOOGL) — $4.5M (7.4%)
4. Tesla INC (TSLA) — $4.2M (7.0%)
5. Apple INC (AAPL) — $4.0M (6.7%)
What changes did NCP Inc. make in its most recent portfolio filing?
In the latest reported quarter, NCP Inc. made 48 notable position adjustments: 0 new positions were initiated, 2 existing holdings were added to, 26 positions were partially reduced, and 20 were completely exited. The largest of these moves: Sold out: Eli Lilly & Co (LLY); Sold out: Robinhood Markets INC - A (HOOD); Sold out: Cyberark Software LTD; Sold out: JPM Nasdaq Equity Premium (JEPQ); Sold out: Nuveen S&p 500 Buy-wr INC (XBXMX)
What sectors does NCP Inc. focus on?
NCP Inc. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 45.2%
• Consumer Discretionary: 17.6%
• Communication Services: 10.1%
• Industrials: 8.7%
• Real Estate: 5.4%
• Financials: 4.8%
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