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Asset Manager ← All Institutions

NOVARE CAPITAL MANAGEMENT LLC

521 EAST MOREHEAD STREET SUITE 510, CHARLOTTE, NC 28202 • 704 334 3698

Q3 2025 · Filed 2025-11-03
Market Value
$1.3B
+6.7%
Holdings
205
-3
New Purchases
8
Added To
70
Closed
13
Reduced
87
Top 10 Concentration
36.1%
Turnover
10.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 4.41% 3.12% +1.29% $58M
SPY 6.06% 5.05% +1.02% $80M
GOOGL 3.22% 2.51% +0.72% $42M
CSL 0.63% 0.00% +0.63% $8M
XLK 0.93% 0.33% +0.60% $12M
NVDA 3.13% 2.80% +0.33% $41M
TSLA 0.58% 0.29% +0.30% $8M
VSLU 2.60% 2.33% +0.26% $34M
XLY 1.31% 1.06% +0.24% $17M
JNJ 1.72% 1.51% +0.21% $23M
CHRW 0.95% 0.76% +0.19% $12M
QQQ 0.79% 0.62% +0.17% $10M
CMI 1.14% 0.99% +0.15% $15M
ABBV 1.02% 0.88% +0.14% $13M
UNH 1.49% 1.36% +0.13% $20M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
THO 0.08% 0.77% -0.68% $1M
CMCSA 0.02% 0.57% -0.54% $293K
ACN 1.22% 1.63% -0.41% $16M
KDP 0.04% 0.39% -0.35% $507K
ROP 1.42% 1.73% -0.31% $19M
CVS 0.03% 0.28% -0.25% $398K
ZTS 0.98% 1.22% -0.24% $13M
KVUE 0.60% 0.82% -0.22% $8M
TXN 0.77% 0.99% -0.22% $10M
ADBE 0.79% 1.01% -0.22% $10M
AMP 0.95% 1.14% -0.19% $12M
EMR 1.91% 2.09% -0.19% $25M
MTCH 0.02% 0.19% -0.18% $219K
BSCP 0.06% 0.23% -0.17% $760K
ICE 0.84% 1.02% -0.17% $11M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 40.2%
Technology 18.1%
Industrials 12.4%
Healthcare 9.4%
Consumer Cyclical 6.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 51 $729M 55.5%
Large Cap 119 $502M 38.2%
Mid Cap 16 $25M 1.9%
Small Cap 17 $55M 4.2%
Micro Cap 2 $2M 0.1%

Portfolio Analytics

Avg Market Cap
$302.7B
Median Market Cap
$74.4B
Avg P/E
34.8
Median P/E
24.6
Avg Dividend Yield
0.02%
Avg Beta
0.92
# Stocks
132
# ETFs / Funds
73

Top Holdings (205 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SPY 6.06% 119,518 $80M $666.18 $17M +18,945 +18.8%
2 MSFT 4.72% 119,678 $62M $517.95 $2M -890 -0.7%
3 AAPL 4.41% 227,522 $58M $254.63 $19M +40,125 +21.4%
4 IVV 3.57% 70,075 $47M $669.30 $4M +1,771 +2.6%
5 AVGO 3.47% 138,259 $46M $329.91 $4M -13,770 -9.1%
6 GOOGL 3.22% 174,084 $42M $243.10 $11M -939 -0.5%
7 NVDA 3.13% 220,312 $41M $186.58 $7M +1,909 +0.9%
8 WMT 2.67% 339,924 $35M $103.06 $814K -10,035 -2.9%
9 VSLU 2.60% 798,728 $34M $42.69 $5M +64,907 +8.8%
10 AMZN 2.28% 136,186 $30M $219.57 $180K +708 +0.5%
11 BRK-B 1.94% 50,756 $26M $502.74 -$193K -2,170 -4.1%
12 EMR 1.91% 190,915 $25M $131.18 -$719K -2,313 -1.2%
13 JPM 1.91% 79,308 $25M $315.43 $2M -1,054 -1.3%
14 JNJ 1.72% 121,448 $23M $185.42 $4M -37 -0.0%
15 UNH 1.49% 56,511 $20M $345.30 $3M +3,004 +5.6%
16 VZ 1.47% 438,275 $19M $43.95 $52K -5,689 -1.3%
17 ROP 1.42% 37,375 $19M $498.70 -$3M -127 -0.3%
18 RTX 1.34% 104,812 $18M $167.33 $2M -862 -0.8%
19 XLY 1.31% 71,629 $17M $239.64 $4M +11,467 +19.1%
20 META 1.24% 22,164 $16M $734.39 $203K +387 +1.8%
21 BK 1.22% 147,578 $16M $108.96 $2M -12,231 -7.7%
22 ACN 1.22% 65,085 $16M $246.60 -$4M -1,942 -2.9%
23 CMI 1.14% 35,430 $15M $422.37 $3M -1,749 -4.7%
24 TJX 1.10% 100,195 $14M $144.54 $2M -1,403 -1.4%
25 HD 1.06% 34,322 $14M $405.19 $1M -539 -1.6%
26 GSLC 1.06% 106,561 $14M $130.28 $843K -866 -0.8%
27 ABT 1.05% 103,055 $14M $133.94 -$430K -1,593 -1.5%
28 LHX 1.03% 44,351 $14M $305.41 $2M -1,825 -4.0%
29 CSCO 1.02% 195,348 $13M $68.42 -$662K -6,838 -3.4%
30 ABBV 1.02% 57,679 $13M $231.54 $3M -621 -1.1%
31 AME 1.01% 70,667 $13M $188.00 $351K -811 -1.1%
32 SYK 1.00% 35,437 $13M $369.67 -$923K -7 -0.0%
33 ZTS 0.98% 87,733 $13M $146.32 -$2M -8,438 -8.8%
34 AMP 0.95% 25,442 $12M $491.25 -$2M -888 -3.4%
35 CHRW 0.95% 94,184 $12M $132.40 $3M -3,012 -3.1%
36 HON 0.94% 58,362 $12M $210.50 -$1M -47 -0.1%
37 TMO 0.93% 25,275 $12M $485.02 $2M +779 +3.2%
38 XLK 0.93% 43,419 $12M $281.86 $8M +27,260 +168.7%
39 V 0.91% 35,174 $12M $341.38 -$444K +103 +0.3%
40 LOW 0.91% 47,613 $12M $251.31 $1M -656 -1.4%
41 AMLP 0.86% 240,075 $11M $46.93 -$713K -5,100 -2.1%
42 ICE 0.84% 65,691 $11M $168.48 -$1M -2,401 -3.5%
43 CSX 0.81% 297,671 $11M $35.51 $786K -2,171 -0.7%
44 MOAT 0.80% 106,146 $11M $99.11 $656K +976 +0.9%
45 ADBE 0.79% 29,486 $10M $352.75 -$2M -2,582 -8.1%
46 QQQ 0.79% 17,254 $10M $600.38 $3M +3,377 +24.3%
47 TXN 0.77% 55,366 $10M $183.73 -$2M -3,384 -5.8%
48 BAC 0.77% 196,394 $10M $51.59 $249K -12,452 -6.0%
49 IVW 0.77% 83,441 $10M $120.72 $1M +5,205 +6.7%
50 CVX 0.74% 62,273 $10M $155.29 $848K +663 +1.1%
51 O 0.72% 154,534 $9M $60.79 $634K +2,468 +1.6%
52 MRK 0.71% 111,784 $9M $83.93 -$138K -8,480 -7.0%
53 IJH 0.71% 141,971 $9M $65.26 $596K +2,194 +1.6%
54 PEP 0.66% 61,294 $9M $140.44 $323K -1,451 -2.3%
55 MCHP 0.65% 133,421 $9M $64.22 -$935K -1,623 -1.2%
56 NEE 0.64% 112,000 $8M $75.49 $310K -5,321 -4.5%
57 CSL 0.63% 25,290 $8M $328.96 +25,290 NEW
58 XLF 0.63% 154,404 $8M $53.87 -$2M -34,820 -18.4%
59 CRM 0.62% 34,622 $8M $237.00 -$1M +4 +0.0%
60 KVUE 0.60% 481,795 $8M $16.23 -$2M +1,013 +0.2%
61 XLP 0.59% 98,562 $8M $78.37 -$274K -221 -0.2%
62 TSLA 0.58% 17,147 $8M $444.71 $4M +6,105 +55.3%
63 XLE 0.51% 74,835 $7M $89.34 $68K -3,201 -4.1%
64 AMT 0.50% 33,992 $7M $192.32 -$1M -2,304 -6.3%
65 VCSH 0.35% 57,247 $5M $79.93 $22K -35 -0.1%
66 SCHB 0.33% 169,749 $4M $25.71 $332K +552 +0.3%
67 JPST 0.31% 79,818 $4M $50.73 $595K +11,670 +17.1%
68 FDUS 0.31% 199,839 $4M $20.26 $205K +9,564 +5.0%
69 BSCT 0.28% 193,281 $4M $18.81 $168K +7,835 +4.2%
70 BSCR 0.27% 177,952 $4M $19.71 $87K +3,884 +2.2%
71 BSCU 0.25% 192,049 $3M $16.90 $263K +14,326 +8.1%
72 XLC 0.24% 26,757 $3M $118.37 -$1M -15,331 -36.4%
73 LLY 0.24% 4,127 $3M $763.00 $31K +127 +3.2%
74 BSCS 0.23% 147,091 $3M $20.57 $64K +2,549 +1.8%
75 BSCV 0.23% 178,506 $3M $16.68 $461K +26,245 +17.2%
76 VFH 0.22% 22,257 $3M $131.24 $79K -65 -0.3%
77 BSCQ 0.22% 148,730 $3M $19.56 -$5K -542 -0.4%
78 DLR 0.21% 16,118 $3M $172.88 -$859K -4,795 -22.9%
79 SOXX 0.21% 9,974 $3M $271.12 -$81K -1,695 -14.5%
80 CGBD 0.19% 204,650 $3M $12.50 -$105K +9,970 +5.1%
81 COST 0.19% 2,736 $3M $925.63 -$225K -50 -1.8%
82 BSCW 0.18% 113,705 $2M $20.88 $330K +14,463 +14.6%
83 VRT 0.18% 15,336 $2M $150.86 $735K +3,046 +24.8%
84 VDC 0.17% 10,452 $2M $213.73 -$65K -45 -0.4%
85 BSCX 0.17% 102,062 $2M $21.47 $546K +24,470 +31.5%
86 FALN 0.17% 78,279 $2M $27.78 $173K +4,530 +6.1%
87 VIG 0.15% 9,280 $2M $215.79 $131K +137 +1.5%
88 BKNG 0.15% 366 $2M $5,399.27 -$351K -36 -9.0%
89 VOO 0.15% 3,191 $2M $612.42 $88K -95 -2.9%
90 AMD 0.15% 11,948 $2M $161.79 $283K +323 +2.8%
91 SCHX 0.15% 73,278 $2M $26.34 $135K -186 -0.2%
92 INTU 0.14% 2,754 $2M $682.85 -$221K +85 +3.2%
93 TFC 0.14% 39,334 $2M $45.72 -$96K -4,723 -10.7%
94 WSM 0.14% 9,154 $2M $195.45 $287K -41 -0.5%
95 PRF 0.13% 38,976 $2M $45.21 $115K
96 SCHM 0.12% 53,965 $2M $29.64 -$11K -3,462 -6.0%
97 DUK 0.12% 12,910 $2M $123.75 $81K +60 +0.5%
98 XOM 0.12% 13,896 $2M $112.75 $4K -603 -4.2%
99 PANW 0.12% 7,650 $2M $203.62 $390K +1,945 +34.1%
100 PLTR 0.12% 8,305 $2M $182.42 $288K -695 -7.7%

New Positions

SymbolValue% Port
CSL $8M 0.63%
BSCZ $535K 0.04%
QXO $297K 0.02%
BINC $293K 0.02%
BDX $222K 0.02%
VB $218K 0.02%
DHR $206K 0.02%
SHYG $202K 0.02%

Sold Out Positions

SymbolValue% Port
TRGP —%
QSR —%
ET —%
FTV —%
EPD —%
NUE —%
ENB —%
FBNC —%
FCX —%
PEY —%
ZS —%
IJR —%
NUBD —%
View SEC EDGAR Filings for NOVARE CAPITAL MANAGEMENT LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms