New Capital Management LP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, New Capital Management LP maintained a portfolio of 56 distinct positions. The most significant new addition to the portfolio was VANGUARD MALVERN FDS, which now represents 1.31% of the total fund value. They heavily accumulated shares in DIMENSIONAL ETF TRUS, increasing their position by 0.3%. Conversely, New Capital Management LP completely exited their position in DIMENSIONAL ETF TRUS.
PCA Score Concentration Risk
Risk ENB
Total Positions
56
Quarter
2025 Q4
Top Holding
DFAC (26.5%)
Top 10 Concentration
79.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 56
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
DFAC
DIMENSIONAL ETF...
ETF 26.46% 26.79% #1
Prev: #1
10.0 8,985 0.3%
P
S
2,660,860 $105,343,463 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DFAX
DIMENSIONAL ETF...
ETF 19.34% 19.21% #2
Prev: #2
9.7 15,241 0.7%
P
S
2,352,036 $76,982,149 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BRK/B
BERKSHIRE HATHA...
Financial Services 13.59% 14.67% #3
Prev: #3
5.4 -3,772 -3.4%
P
S
107,609 $54,089,664 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 5.33% 5.23% #4
Prev: #4
2.1 -274 -0.3%
P
S
78,114 $21,236,161 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EBI
RBB FUND TRUST
Bond/Debt 3.03% 3.07% #5
Prev: #5
1.2 no change no change
P
S
213,409 $12,075,385 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
DFSU
DIMENSIONAL ETF...
ETF 2.91% 3.04% #6
Prev: #6
1.2 -7,353 -2.7%
P
S
266,317 $11,566,138 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BINC
BLACKROCK ETF T...
ETF 2.69% 1.18% #7 9
Prev: #16
3.4 118,693 140.4%
P
S
203,231 $10,724,523 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
IUSB
ISHARES TR
ETF 2.17% 2.23% #8 1
Prev: #7
2.9 2,662 1.5%
P
S
185,239 $8,621,020 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DFSI
DIMENSIONAL ETF...
Bond/Debt 1.96% 2.00% #9
Prev: #9
0.8 -4,693 -2.5%
P
S
181,948 $7,795,562 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PEP
PEPSICO INC
Consumer Defensive 1.91% 1.95% #10
Prev: #10
0.8 no change no change
P
S
53,033 $7,611,333 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
STIP
ISHARES TR
ETF 1.61% 1.72% #11
Prev: #11
0.6 -1,206 -1.9%
P
S
62,461 $6,395,397 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC
Communication Services 1.34% 0.17% #12 23
Prev: #35
2.8 14,301 526.4%
P
S
17,018 $5,340,261 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
NVIDIA CORPORAT...
Technology 1.33% 1.62% #13
Prev: #13
0.6 -4,803 -14.5%
P
S
28,293 $5,276,678 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VGMS
VANGUARD MALVER...
ETF 1.31% #14
Prev: #—
2.5 101,010 no change
NEW
101,010 $5,210,096 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JBND
J P MORGAN EXCH...
Bond/Debt 1.30% #15
Prev: #—
2.5 95,816 no change
NEW
95,816 $5,180,771 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TFLO
ISHARES TR
ETF 1.29% 2.15% #16 8
Prev: #8
0.6 -60,870 -37.5%
P
S
101,557 $5,124,584 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IBIT
ISHARES BITCOIN...
Bond/Debt 1.22% 1.63% #17 5
Prev: #12
2.5 1,917 2.0%
P
S
97,732 $4,852,394 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
IAGG
ISHARES TR
Bond/Debt 1.22% 1.34% #18 4
Prev: #14
0.5 -2,756 -2.8%
P
S
96,791 $4,840,533 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DFGR
DIMENSIONAL ETF...
ETF 0.99% 1.12% #19 2
Prev: #17
0.4 -8,371 -5.3%
P
S
148,535 $3,924,301 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 0.91% 1.01% #20 2
Prev: #18
0.4 no change no change
P
S
7,453 $3,604,521 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DFSE
DIMENSIONAL ETF...
ETF 0.77% 0.81% #21 2
Prev: #19
0.3 -568 -0.8%
P
S
74,312 $3,082,462 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
LEMB
ISHARES INC
ETF 0.66% 0.68% #22 2
Prev: #20
2.3 202 0.3%
P
S
63,383 $2,634,812 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CEMB
ISHARES INC
ETF 0.64% 0.67% #23 2
Prev: #21
2.3 420 0.8%
P
S
55,789 $2,559,064 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GHYG
ISHARES INC
Bond/Debt 0.64% 0.66% #24 2
Prev: #22
2.3 678 1.2%
P
S
55,190 $2,545,902 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ISHG
ISHARES TR
ETF 0.63% 0.66% #25 2
Prev: #23
2.3 522 1.6%
P
S
33,522 $2,522,185 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DUSB
DIMENSIONAL ETF...
ETF 0.00% 0.06%
Sold All 😨
(Was: #54)
0.3 -4,470 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 56 holdings

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