Skip to main content
Livermore
Livermore
ZHEN

RNC Capital Management LLC

SEC CIK
0000051762
Latest filing
Aug 6, 2026

The latest 13F from RNC Capital Management LLC covers Q2 2026 (filed Aug 6, 2026): 181 long positions worth $2.43B. The top 10 holdings make up 32.0% of the portfolio, and the largest is Northern Trust Corp (NTRS) at 3.9%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
12
Est. +$71.3M
Added
59
Est. +$97.4M
Reduced
90
Est. −$114.9M
Sold out
3
Est. −$83.6M

Top 5 holdings

Share of this quarter's portfolio value

  1. NTRSNorthern Trust Corp
    3.9%$95.8MHistory
  2. CSCOCisco Systems, Inc.
    3.5%$85.1MHistory
  3. JPMJPMorgan Chase & Co
    3.5%$84.7MHistory
  4. MTBM&T Bank Corp
    3.4%$82.4MHistory
  5. CVSCVS Health Corp
    3.3%$80.9MHistory

Share of portfolio

Top 5 holdings and the other 176 positions, by share of portfolio value

  1. NTRS3.9%
  2. CSCO3.5%
  3. JPM3.5%
  4. MTB3.4%
  5. CVS3.3%
  6. Other 176 positions82.3%

Biggest buys

New and added positions, by estimated amount bought

  1. DVNDevon Energy Corp
    +$66.3MNewHistory
  2. ACNAccenture plc
    +$32.9MAddedHistory
  3. MDTMedtronic plc
    +$19.1MAddedHistory
  4. CMCSAComcast Corp
    +$17.5MAddedHistory
  5. TAT&T Inc.
    +$8.12MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. DVNDevon Energy Corp
    +2.73 pp0.0% → 2.7%History
  2. ACNAccenture plc
    +0.75 pp1.5% → 2.2%History
  3. MCHPMicrochip Technology Inc
    +0.61 pp1.8% → 2.4%History
  4. MDTMedtronic plc
    +0.58 pp1.4% → 2.0%History
  5. CMCSAComcast Corp
    +0.30 pp2.2% → 2.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CTRACoterra Energy Inc.
    −$79.4MSold outHistory
  2. CSCOCisco Systems, Inc.
    −$33.2MReducedHistory
  3. GLWCorning Inc
    −$32.5MReducedHistory
  4. JNJJohnson & Johnson
    −$18.3MReducedHistory
  5. GILDGilead Sciences, Inc.
    −$10.0MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. CTRACoterra Energy Inc.
    −3.48 pp3.5% → 0.0%History
  2. JNJJohnson & Johnson
    −0.81 pp2.8% → 2.0%History
  3. GILDGilead Sciences, Inc.
    −0.80 pp2.7% → 1.9%History
  4. GLWCorning Inc
    −0.33 pp1.3% → 1.0%History
  5. BMYBristol Myers Squibb Co
    −0.19 pp1.7% → 1.5%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$2.43B
+$139.6M (+6.1%) vs. prior quarter
Positions
181
+9 vs. prior quarter
Top 10 concentration
32.0%
Top 10 as share of value
Turnover
7.2%
Q2 2026, one quarter
Average holding period
18.8 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $2.43B (Q2 2026)

Q1 2021: $1.77BQ2 2021: $1.89BQ3 2021: $1.88BQ4 2021: $2.02BQ1 2022: $1.97BQ2 2022: $1.76BQ3 2022: $1.59BQ4 2022: $1.78BQ1 2023: $1.77BQ2 2023: $1.81BQ3 2023: $1.61BQ4 2023: $1.67BQ1 2024: $1.76BQ2 2024: $1.80BQ3 2024: $1.80BQ4 2024: $1.87BQ1 2025: $1.96BQ2 2025: $2.06BQ3 2025: $2.17BQ4 2025: $2.20BQ1 2026: $2.29BQ2 2026: $2.43B
Q1 2021Q2 2026
13F filings of RNC Capital Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 6, 2026181$2.43BNTRSCSCOJPMvs. Q1 2026SEC
Q1 2026Aug 6, 2026172$2.29BCTRACVXCSCOvs. Q4 2025SEC
Q4 2025Feb 3, 2026173$2.20BJPMCSCONTRSvs. Q3 2025SEC
Q3 2025Nov 14, 2025167$2.17BJPMNTRSCSCOvs. Q2 2025SEC
Q2 2025Jul 30, 2025170$2.06BJPMCSCONTRSvs. Q1 2025SEC
Q1 2025May 16, 2025165$1.96BTCVXJPMvs. Q4 2024SEC
Q4 2024Jan 28, 2025163$1.87BJPMMTBAVGOvs. Q3 2024SEC
Q3 2024Nov 13, 2024153$1.80BJPMAVGOABBVvs. Q2 2024SEC
Q2 2024Aug 14, 2024153$1.80BJPMAVGOABBVvs. Q1 2024SEC
Q1 2024Aug 7, 2024148$1.76BJPMAVGOABBVvs. Q4 2023SEC
Q4 2023Jan 17, 2024146$1.67BJPMIBMAVGOvs. Q3 2023SEC
Q3 2023Dec 27, 2023149$1.61BAVGOJPMCMCSAvs. Q2 2023SEC
Q2 2023Jul 21, 2023186$1.81BCSCOAVGOJPMvs. Q1 2023SEC
Q1 2023Apr 21, 2023186$1.77BCSCOAVGOBMYvs. Q4 2022SEC
Q4 2022Jan 11, 2023184$1.78BCSCOBMYABBVvs. Q3 2022SEC
Q3 2022Oct 18, 2022174$1.59BBMYCSCOCVSvs. Q2 2022SEC
Q2 2022Jul 22, 2022186$1.76BBMYABBVCSCOvs. Q1 2022SEC
Q1 2022Jul 22, 2022189$1.97BAVGOCSCOBMYvs. Q4 2021SEC
Q4 2021Feb 4, 2022189$2.02BCSCOABBVJPMvs. Q3 2021SEC
Q3 2021Nov 2, 2021182$1.88BJPMMSBACvs. Q2 2021SEC
Q2 2021Jul 20, 2021169$1.89BJPMMSBACvs. Q1 2021SEC
Q1 2021Apr 26, 2021149$1.77BBACJPMCSCO–SEC