BNC WEALTH MANAGEMENT, LLC
SEC Form 13F institutional filer · CIK 0001821549
13F-HR · 83 reported holdings · 2026-03-31
Reported long-US-equity value
$0.34B
Top-10 concentration
37.3%
BNC WEALTH MANAGEMENT, LLC — $340M AUM allocation strategy
BNC WEALTH MANAGEMENT, LLC files SEC Form 13F and reports $340M of long US equity value across 83 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 20.6%, followed by Consumer Discretionary 8.3% and Industrials 6.9%.
The top 10 holdings account for 37% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
BNC WEALTH MANAGEMENT, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$340M
total across 83 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
37% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$VST +37K sh · +$5.51M+$MNST +15.7K sh · +$928K+$UNP +12.8K sh · +$3.14M
Biggest trims (shares)
−$NVDA −58.7K sh · −$12.3M−$ANET −29.2K sh · −$4.32M−$SCHW −25.9K sh · −$688K
Exited to nil (held last quarter, gone now)
$LRCX ($7.17M last qtr)$AXON ($6.28M last qtr)$PANW ($6.03M last qtr)$SPGI ($5.69M last qtr)$CRWD ($5.21M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Interactive Media & Services6.6%—
- Semiconductors5.7%—
- Broadline Retail5.2%—
- Technology Hardware, Storage & Peripherals5.2%—
- Diversified Banks4.1%—
- Systems Software3.5%—
- Automobile Manufacturers3.1%—
- Construction Machinery & Heavy Transportation Equipment2.6%—
- Other holdings63.9%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 112K | $19.5M | -58.7K | 5.7% |
| $AMZN | Amazon.com Inc | 86.1K | $17.9M | -25.6K | 5.3% |
| $AAPL | Apple Inc | 70.5K | $17.9M | -6.72K | 5.3% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 56.3K | $16.2M | -11.5K | 4.8% |
| $MSFT | Microsoft Corporation | 32.4K | $12M | -4.03K | 3.5% |
| $TSLA | Tesla Inc | 28.2K | $10.5M | -7.13K | 3.1% |
| $CAT | Caterpillar Inc | 12.3K | $8.71M | -283 | 2.6% |
| $APD | Air Products and Chemicals Inc | 27.1K | $7.87M | — | 2.3% |
| $JPM | JP Morgan Chase & Co | 26.3K | $7.74M | -1.48K | 2.3% |
…and 74 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
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How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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