New Capital Management LP Q4 2025 Filing

Filed January 20, 2026

Portfolio Value

$398.1B

Holdings

55

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (55 positions)

#StockSharesValue% PortfolioType
1
DFACDIMENSIONAL ETF TRUST
2,660,860$105.3B26.46%
2
DFAXDIMENSIONAL ETF TRUST
2,352,036$77.0B19.34%
3
BRK/BBERKSHIRE HATHAWAY INC DEL
107,609$54.1B13.59%
4
AAPLAPPLE INC
78,114$21.2B5.33%
5
EBIRBB FUND TRUST
213,409$12.1B3.03%
6
DFSUDIMENSIONAL ETF TRUST
266,317$11.6B2.91%
7
BINCBLACKROCK ETF TRUST II
203,231$10.7B2.69%
8
IUSBISHARES TR
185,239$8.6B2.17%
9
DFSIDIMENSIONAL ETF TRUST
181,948$7.8B1.96%
10
PEPPEPSICO INC
53,033$7.6B1.91%
11
STIPISHARES TR
62,461$6.4B1.61%
12
GOOGALPHABET INC
17,018$5.3B1.34%
13
NVDANVIDIA CORPORATION
28,293$5.3B1.33%
14
VGMSVANGUARD MALVERN FDS
101,010$5.2B1.31%
15
JBNDJ P MORGAN EXCHANGE TRADED F
95,816$5.2B1.30%
16
TFLOISHARES TR
101,557$5.1B1.29%
17
IBITISHARES BITCOIN TRUST ETF
97,732$4.9B1.22%
18
IAGGISHARES TR
96,791$4.8B1.22%
19
DFGRDIMENSIONAL ETF TRUST
148,535$3.9B0.99%
20
MSFTMICROSOFT CORP
7,453$3.6B0.91%
21
DFSEDIMENSIONAL ETF TRUST
74,312$3.1B0.77%
22
LEMBISHARES INC
63,383$2.6B0.66%
23
CEMBISHARES INC
55,789$2.6B0.64%
24
GHYGISHARES INC
55,190$2.5B0.64%
25
ISHGISHARES TR
33,522$2.5B0.63%
26
JMSTJ P MORGAN EXCHANGE TRADED F
34,815$1.8B0.45%
27
VTVANGUARD INTL EQUITY INDEX F
10,451$1.5B0.37%
28
YUMYUM BRANDS INC
8,662$1.3B0.33%
29
MAMASTERCARD INCORPORATED
1,933$1.1B0.28%
30
AMZNAMAZON COM INC
4,525$1.0B0.26%
31
METAMETA PLATFORMS INC
1,498$988.0M0.25%
32
GOOGLALPHABET INC
2,832$886.0M0.22%
33
KIMKIMCO RLTY CORP
43,254$876.0M0.22%
34
COSTCOSTCO WHSL CORP NEW
862$743.0M0.19%
35
ABBVABBVIE INC
3,244$741.0M0.19%
36
NFLXNETFLIX INC
7,380$691.0M0.17%
37
ACWIISHARES TR
4,575$647.0M0.16%
38
AVGOBROADCOM INC
1,799$622.0M0.16%
39
AORISHARES TR
8,710$566.0M0.14%
40
SPYSPDR S&P 500 ETF TR
802$546.0M0.14%
41
VUSBVANGUARD BD INDEX FDS
8,648$431.0M0.11%
42
ICSHISHARES TR
8,346$422.0M0.11%
43
YUMCYUM CHINA HLDGS INC
8,853$422.0M0.11%
44
MLB1MERCADOLIBRE INC
203$408.0M0.10%
45
XOMEXXON MOBIL CORP
3,289$395.0M0.10%
46
WBDWARNER BROS DISCOVERY INC
12,700$366.0M0.09%
47
LLYELI LILLY & CO
326$350.0M0.09%
48
AOAISHARES TR
3,649$326.0M0.08%
49
JPSTJ P MORGAN EXCHANGE TRADED F
6,456$326.0M0.08%
50
SGOVISHARES TR
3,227$323.0M0.08%
51
IAU*ISHARES GOLD TR
3,250$263.0M0.07%
52
AONAON PLC
707$249.0M0.06%
53
DFCFDIMENSIONAL ETF TRUST
5,754$244.0M0.06%
54
NEARISHARES U S ETF TR
4,307$220.0M0.06%
55
AGGISHARES TR
2,117$211.0M0.05%