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Livermore
Livermore
ZHEN

BNC Wealth Management, LLC

SEC CIK
0001821549
Latest filing
Jul 21, 2026

The latest 13F from BNC Wealth Management, LLC covers Q2 2026 (filed Jul 21, 2026): 106 long positions worth $413.6M. The top 10 holdings make up 39.1% of the portfolio, and the largest is Amazon Com Inc (AMZN) at 5.8%. 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
15
Est. +$47.8M
Added
37
Est. +$9.33M
Reduced
35
Est. −$5.99M
Sold out
15
Est. −$62.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. AMZNAmazon Com Inc
    5.8%$24.2MHistory
  2. NVDANVIDIA Corp
    5.4%$22.3MHistory
  3. AAPLApple Inc.
    4.9%$20.2MHistory
  4. GOOGLAlphabet Inc.
    4.9%$20.1MHistory
  5. KLACKLA Corp
    3.6%$14.8MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. State Street Utilities Select Sector SPDR ETF81369Y886
    +$10.8MNew
  2. LLYEli Lilly & Co
    +$7.12MNewHistory
  3. ENTGEntegris Inc
    +$5.48MNewHistory
  4. NOWServiceNow, Inc.
    +$4.25MNewHistory
  5. ORCLOracle Corp
    +$4.03MNewHistory

Largest weight increases

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

  1. State Street Utilities Select Sector SPDR ETF81369Y886
    +2.61 pp0.0% → 2.6%
  2. LLYEli Lilly & Co
    +1.72 pp0.0% → 1.7%History
  3. KLACKLA Corp
    +1.59 pp2.0% → 3.6%History
  4. ENTGEntegris Inc
    +1.33 pp0.0% → 1.3%History
  5. NOWServiceNow, Inc.
    +1.03 pp0.0% → 1.0%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. State Street Energy Select Sector SPDR ETF81369Y506
    −$8.53MSold out
  2. FBTCFidelity Wise Origin Bitcoin Fund
    −$7.98MSold outHistory
  3. CVXChevron Corp
    −$6.18MSold outHistory
  4. State Street Materials Select Sector SPDR ETF81369Y100
    −$5.70MSold out
  5. FETHFidelity Ethereum Fund
    −$5.16MSold outHistory

Largest weight decreases

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

  1. State Street Energy Select Sector SPDR ETF81369Y506
    −2.37 pp2.4% → 0.0%
  2. FBTCFidelity Wise Origin Bitcoin Fund
    −2.22 pp2.2% → 0.0%History
  3. CVXChevron Corp
    −1.72 pp1.7% → 0.0%History
  4. State Street Materials Select Sector SPDR ETF81369Y100
    −1.58 pp1.6% → 0.0%
  5. FETHFidelity Ethereum Fund
    −1.43 pp1.4% → 0.0%History

Metrics

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

Portfolio value
$413.6M
+$53.2M (+14.8%) vs. prior quarter
Positions
106
0 vs. prior quarter
Top 10 concentration
39.1%
Top 10 as share of value
Turnover
14.8%
Q2 2026, one quarter
Average holding period
12.6 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 $413.6M (Q2 2026)

Q1 2021: $140.8MQ2 2021: $165.0MQ3 2021: $168.7MQ4 2021: $211.3MQ1 2022: $202.8MQ2 2022: $191.3MQ3 2022: $165.4MQ4 2022: $169.2MQ1 2023: $179.2MQ2 2023: $188.4MQ3 2023: $186.5MQ4 2023: $211.6MQ1 2024: $233.8MQ2 2024: $269.3MQ3 2024: $271.4MQ4 2024: $304.0MQ1 2025: $277.5MQ2 2025: $337.1MQ3 2025: $396.1MQ4 2025: $389.9MQ1 2026: $360.4MQ2 2026: $413.6M
Q1 2021Q2 2026
13F filings of BNC Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 21, 2026106$413.6MAMZNNVDAAAPLvs. Q1 2026SEC
Q1 2026Apr 13, 2026106$360.4MNVDAAMZNAAPLvs. Q4 2025SEC
Q4 2025Jan 22, 2026106$389.9MNVDAAMZNGOOGLvs. Q3 2025SEC
Q3 2025Oct 10, 2025107$396.1MNVDAAMZNAAPLvs. Q2 2025SEC
Q2 2025Jul 15, 202598$337.1MNVDAAMZNMSFTvs. Q1 2025SEC
Q1 2025Apr 16, 202598$277.5MAMZNNVDAAAPLvs. Q4 2024SEC
Q4 2024Jan 15, 202596$304.0MNVDAAAPLAMZNvs. Q3 2024SEC
Q3 2024Oct 31, 202493$271.4MNVDAAAPLAMZNvs. Q2 2024SEC
Q2 2024Aug 5, 202499$269.3MNVDAAAPLMSFTvs. Q1 2024SEC
Q1 2024Apr 16, 2024101$233.8MNVDAAAPLMSFTvs. Q4 2023SEC
Q4 2023Jan 9, 202496$211.6MAAPLMSFTAMZNvs. Q3 2023SEC
Q3 2023Oct 25, 202398$186.5MAAPLMSFTNVDAvs. Q2 2023SEC
Q2 2023Jul 28, 202399$188.4MAAPLMSFTAMZNvs. Q1 2023SEC
Q1 2023Apr 21, 2023106$179.2MAAPLMSFTAMZNvs. Q4 2022SEC
Q4 2022Jan 23, 2023104$169.2MAAPLMSFTPacer US Cash Cows 100 ETFvs. Q3 2022SEC
Q3 2022Oct 13, 2022100$165.4MAAPLMSFTAMZNvs. Q2 2022SEC
Q2 2022Jul 25, 2022111$191.3MAAPLSPDR Series TrustMSFTvs. Q1 2022SEC
Q1 2022Apr 20, 2022121$202.8MAAPLAMZNMSFTvs. Q4 2021SEC
Q4 2021Jan 19, 2022126$211.3MAAPLMSFTAMZNvs. Q3 2021SEC
Q3 2021Oct 28, 202190$168.7MAAPLAMZNMSFTvs. Q2 2021SEC
Q2 2021Jul 20, 202190$165.0MAAPLAMZNMSFTvs. Q1 2021SEC
Q1 2021May 19, 202178$140.8MAAPLAMZNMSFT–SEC