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NCP Inc.

SEC Form 13F institutional filer · CIK 0002023709

13F-HR · 72 reported holdings · 2026-03-31

Reported long-US-equity value

$0.06B

Top-10 concentration

72.8%

NCP Inc. — $60M AUM allocation strategy

NCP Inc. files SEC Form 13F and reports $60M of long US equity value across 72 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 42.7%, followed by Consumer Discretionary 16.3% and Communication Services 8.7%.

The top 10 holdings account for 73% of reported value — a conviction-weighted book concentrated in its best ideas. 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.

NCP Inc. — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$60M

total across 72 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

73% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$PANW$AMZN$UAL

+$PANW +9.79K sh · +$1.57M+$AMZN +401 sh · −$507K+$UAL +148 sh · −$72.3K

Biggest trims (shares)

$NVDA$PLTR$BAC

−$NVDA −49.6K sh · −$10.2M−$PLTR −31.3K sh · −$5.82M−$BAC −29.6K sh · −$1.67M

Added from nil (new positions)

None this quarter

Exited to nil (held last quarter, gone now)

$LLY$HOOD$DIA$VTWO$XLE

$LLY ($11M last qtr)$HOOD ($3.75M last qtr)$DIA ($1.22M last qtr)$VTWO ($434K last qtr)$XLE ($293K last qtr)

Sector allocation (share of reported value)

Information Technology 43%Consumer Discretionary 16%Communication Services 9%Industrials 7%Real Estate 5%Financials 4%Consumer Staples 3%ETFs 2%Other holdings 11%SECTORS
  • $XLKInformation Technology42.7%
  • $XLYConsumer Discretionary16.3%
  • $XLCCommunication Services8.7%
  • $XLIIndustrials6.6%
  • $XLREReal Estate5.1%
  • $XLFFinancials4.0%
  • $XLPConsumer Staples3.2%
  • ETFs2.2%
  • Other holdings11.2%

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)

Semiconductors 28%Broadline Retail 9%Interactive Media & Services 9%Automobile Manufacturers 7%Technology Hardware, Storage & Peripherals 7%Systems Software 6%Data Center REITs 5%Aerospace & Defense 4%Other holdings 26%INDUSTRIES
  • Semiconductors28.1%
  • Broadline Retail9.2%
  • Interactive Media & Services8.7%
  • Automobile Manufacturers7.0%
  • Technology Hardware, Storage & Peripherals6.7%
  • Systems Software5.9%
  • Data Center REITs5.1%
  • Aerospace & Defense3.5%
  • Other holdings25.7%

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

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$NVDANVIDIA Corporation75.6K$13.2M-49.6K22.0%
$AMZNAmazon.com Inc26.6K$5.54M+4019.2%
$GOOGAlphabet Inc. Class C Capital Stock15.5K$4.46M-1577.4%
$TSLATesla Inc11.4K$4.24M-7097.1%
$AAPLApple Inc15.8K$4.02M-1.87K6.7%
$AVGOBroadcom Inc11.8K$3.66M-2.33K6.1%
$EQIXEquinix Inc. Common Stock REIT3.15K$3.09M-1.15K5.2%
$CRWDCrowdStrike Holdings Inc5K$1.95M-3503.3%
$COSTCostco Wholesale Corporation1.89K$1.89M-733.1%
$PANWPalo Alto Networks Inc9.9K$1.59M+9.79K2.6%

…and 62 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

← All 13F filers·← QuantOrb.pro

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 IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-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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