HOLLENCREST CAPITAL MANAGEMENT
Registered adviserCIK
1161722
Location
NEWPORT BEACH, CA
Portfolio Value
Mid
$1,533,057,636
Diversification
Diversified
Filing Date
Global Rank
#1,930
/ 8,818
▼ 682
Top Industry
Asset Management
16.7%
Period ended 4 months ago
Filed Aug 13, 2026 · 3mo
26 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Registered adviser
Form ADV roster, Oct 1, 2026
Regulatory AUM
$2,866,743,435
Main clients
Individuals and high net worth
(86% of AUM)
Private funds
3 funds
· Private equity funds
Focus by fund count, roster of Oct 1, 2026
$75,754,095 gross assets
Private funds on Schedule D 7.B.(1)
As filed Sep 4, 2024; SEC's bulk Form ADV archive ends with 2024 filings.
$74,413,265 gross assets in 3 funds
Private equity funds
$69,003,571
(2)
Venture capital funds
$5,409,694
(1)
Form ADV history
Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Oct 2026 | $2,866,743,435 | Individuals and high net worth (86%) |
| Apr 2025 to Mar 2026 | $2,667,216,370 | Individuals and high net worth (92%) |
| Apr 2024 to Mar 2025 | $2,369,923,423 | Individuals and high net worth (92%) |
| May 2023 to Mar 2024 | $2,054,432,885 | Individuals and high net worth (84%) |
| Apr 2023 | $2,054,432,885 | Individuals and high net worth (84%) |
| May 2022 to Mar 2023 | $2,281,652,990 | Individuals and high net worth (91%) |
3 earlier changes not shown.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Diversified active
Top 10 weight 56.6%, 18.7 effective positions, active share 73.3% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
16.4% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 19.4 quarters (12+), a floor since 58.6% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 73.3%; sector active share 52.7% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
1,166 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
14.8%
−0.8 pts
Top 5
44.1%
+3.8 pts
Top 10
56.6%
−0.2 pts
HHI
532
Diversified+17
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 63.3% | $970,906,329 |
| Financial Services | 9.4% | $143,656,883 |
| Technology | 8.8% | $135,422,874 |
| Basic Materials | 4.5% | $68,447,807 |
| Industrials | 4.4% | $66,828,206 |
| Consumer Cyclical | 2.7% | $41,467,819 |
| Consumer Defensive | 2.3% | $35,552,229 |
| Energy | 1.7% | $26,820,372 |
| Communication Services | 1.5% | $22,581,289 |
| Healthcare | 1.0% | $14,697,883 |
| Real Estate | 0.2% | $3,569,058 |
| Utilities | 0.2% | $3,106,887 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PPLT | abrdn Platinum ETF Trust | +2,085,642 | 2,317,380 | $32,744,579 | |
| IGV | iShares Expanded Tech-Software Sector ETF | +192,476 | 192,847 | $17,471,938 | |
| VUG | VANGUARD GROWTH INDEX FUND | +105,279 | 126,272 | $10,877,070 | |
| PZG | Paramount Gold Nevada Corp. | +59,365 | 203,300 | $231,762 | |
| IAG | Iamgold Corp | +50,400 | 111,398 | $1,764,544 | |
| — | +39,086 | 60,713 | $5,563,739 | ||
| VG | Venture Global, Inc. | +35,010 | 49,740 | $553,606 | |
| GRO | Brazil Potash Corp. | +31,025 | 378,460 | $813,689 | |
| QSI | Quantum-Si Inc | +24,900 | 65,011 | $57,534 | |
| USAS | Americas Gold & Silver Corp | +22,300 | 833,345 | $3,933,388 | |
| APO | Apollo Global Management, Inc. | +18,096 | 19,301 | $2,283,501 | |
| MGK | VANGUARD MEGA CAP GROWTH INDEX FUND | +12,680 | 15,850 | $1,393,373 | |
| GAB | Gabelli Equity Trust Inc | +10,710 | 106,243 | $601,335 | |
| NUE | Nucor Corp | +10,354 | 14,354 | $3,197,353 | |
| AMD | Advanced Micro Devices Inc | +6,671 | 10,642 | $6,182,044 | |
| AVGO | Broadcom Inc. | +6,069 | 17,189 | $6,493,144 | |
| PDX | PIMCO Dynamic Income Strategy Fund | +5,065 | 489,829 | $10,198,239 | |
| INVE | INVE Technologies, Inc. | +5,000 | 31,226 | $78,689 | |
| MUX | McEwen Inc. | +4,379 | 38,622 | $700,216 | |
| GEVX | Tradr 2X Long GEV Daily ETF | +4,030 | 4,050 | $115,506 | |
| CRML | Critical Metals Corp. | +4,000 | 4,123 | $42,260 | |
| MULL | GraniteShares 2x Long MU Daily ETF | +3,798 | 3,900 | $143,598 | |
| CMDT | PIMCO Commodity Strategy Active Exchange-Traded Fund | +3,718 | 132,502 | $4,063,836 | |
| CIFR | Cipher Digital Inc. | +3,705 | 4,705 | $115,272 | |
| FCUS | Pinnacle Focused Opportunities ETF | +3,566 | 5,017 | $224,942 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| QBUF | −1,323,057 | 46,034 | $1,416,282 | ||
| ZALT | −1,191,652 | 41,309 | $1,399,135 | ||
| AAPL | Apple Inc. | −958,507 | 84,190 | $24,361,218 | |
| RSDE | FT Vest U.S. Equity Equal Weight Buffer ETF - December | −831,612 | 1,639,997 | $38,516,969 | |
| VOO | VANGUARD 500 INDEX FUND | −531,137 | 105,611 | $72,534,690 | |
| QQQM | Invesco Ltd. | −367,641 | 74,077 | $22,443,108 | |
| GOOGL | Alphabet Inc. | −285,312 | 32,492 | $11,611,666 | |
| BB | BLACKBERRY Ltd | −191,703 | 53,077 | $671,424 | |
| ICSH | iShares Ultra Short Duration Bond Active ETF | −140,960 | 302 | $15,275 | |
| UNH | Unitedhealth Group Inc | −133,903 | 1,746 | $725,689 | |
| MSFT | Microsoft Corp | −131,658 | 14,992 | $5,592,315 | |
| TJX | Tjx Companies Inc | −121,898 | 580 | $87,870 | |
| V | Visa Inc. | −102,176 | 7,363 | $2,526,171 | |
| HD | Home Depot, Inc. | −99,850 | 1,815 | $640,114 | |
| ONEQ | Fidelity Nasdaq Composite Index ETF | −94,419 | 77,417 | $7,990,982 | |
| GPUS | Hyperscale Data, Inc. | −75,000 | 50,000 | $7,284 | |
| CI | Cigna Group | −71,823 | 11 | $3,032 | |
| MA | Mastercard Inc | −71,626 | 113 | $58,036 | |
| VTI | VANGUARD TOTAL STOCK MARKET INDEX FUND | −69,184 | 4,012 | $1,484,600 | |
| COST | Costco Wholesale Corp | −66,257 | 4,304 | $4,026,262 | |
| AMAT | Applied Materials Inc | −65,605 | 919 | $664,437 | |
| JPM | Jpmorgan Chase & Co | −48,303 | 14,463 | $4,734,173 | |
| PLTZ | Defiance Daily Target 2x Short Pltr ETF | −42,602 | 2,078 | $75,223 | |
| SCHX | Schwab U.S. Large-Cap ETF | −41,825 | 124,791 | $3,672,599 | |
| QQQ | Invesco Qqq Trust, Series 1 | −41,534 | 141,812 | $104,430,356 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| DHDG | FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF | 2,052,858 | $75,066,858 | |
| QCAP | FT Vest Nasdaq-100 Conservative Buffer ETF - April | 2,769,041 | $68,971,273 | |
| SLDE | Slide Insurance Holdings, Inc. | 91,937 | $1,780,819 | |
| AYA | Aya Gold & Silver Inc. | 81,733 | $1,548,023 | |
| MKSI | Mks Inc | 3,153 | $1,402,454 | |
| MXL | Maxlinear, Inc | 8,235 | $1,054,327 | |
| ECG | Everus Construction Group, Inc. | 5,983 | $992,878 | |
| AGX | Argan Inc | 1,212 | $967,842 | |
| SIMO | Silicon Motion Technology CORP | 2,849 | $949,657 | |
| ARWR | Arrowhead Pharmaceuticals, Inc. | 11,374 | $927,094 | |
| FORM | Formfactor Inc | 5,685 | $909,202 | |
| KEYS | Keysight Technologies, Inc. | 2,468 | $863,972 | |
| ENS | EnerSys | 3,679 | $860,223 | |
| PWRL | Powerlaw Corp. | 37,300 | $547,564 | |
| DMAY | FT Vest U.S. Equity Deep Buffer ETF - May | 10,600 | $499,472 | |
| LBRX | Lb Pharmaceuticals Inc | 13,722 | $445,347 | |
| GMAY | FT Vest U.S. Equity Moderate Buffer ETF - May | 9,120 | $392,524 | |
| QMMY | FT Vest Nasdaq-100 Moderate Buffer ETF - May | 13,435 | $355,893 | |
| SPCX | Space Exploration Technologies Corp | 1,372 | $234,419 | |
| CRDO | Credo Technology Group Holding Ltd | 700 | $190,365 | |
| EQPT | EquipmentShare.com Inc | 8,000 | $157,280 | |
| SMTC | Semtech Corp | 850 | $137,572 | |
| ACMR | ACM Research, Inc. | 1,000 | $126,890 | |
| MTSI | MACOM Technology Solutions Holdings, Inc. | 320 | $121,718 | |
| MPWR | Monolithic Power Systems, Inc. | 88 | $121,647 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| BRK-A | Berkshire Hathaway Inc | 95 | $68,223,300 | |
| AEIS | Advanced Energy Industries Inc | 1,139 | $367,566 | |
| KRMN | Karman Holdings Inc. | 4,053 | $324,442 | |
| TROW | Price T Rowe Group Inc | 2,698 | $243,197 | |
| WRD | WeRide Inc. | 18,850 | $152,496 | |
| IJS | iShares S&P Small-Cap 600 Value ETF | 1,250 | $148,062 | |
| MDYG | State Street(R) SPDR(R) S & P 400(TM) Mid Cap Growth ETF | 1,299 | $124,652 | |
| — | 19,840 | $117,056 | ||
| JOBY | Joby Aviation, Inc. | 13,578 | $112,154 | |
| ETHA | iShares Ethereum Trust ETF | 6,791 | $107,501 | |
| SLYG | State Street(R) SPDR(R) S & P 600(TM) Small Cap Growth ETF | 1,080 | $104,349 | |
| IAUM | iShares Gold Trust Micro | 1,786 | $83,406 | |
| EPD | Enterprise Products Partners L.P. | 1,949 | $73,750 | |
| SMH | VanEck Semiconductor ETF | 180 | $69,012 | |
| LDOS | Leidos Holdings, Inc. | 410 | $63,763 | |
| MUA | Blackrock Muniassets Fund, Inc. | 4,947 | $52,487 | |
| NTLA | Intellia Therapeutics, Inc. | 3,828 | $49,074 | |
| SQMX | FT Vest U.S. Equity Quarterly Max Buffer ETF | 1,373 | $45,714 | |
| ATAT | Atour Lifestyle Holdings Ltd | 1,239 | $45,607 | |
| RELX | Relx PLC | 1,346 | $44,619 | |
| CAR | Avis Budget Group, Inc. | 300 | $43,755 | |
| BTDR | Bitdeer Technologies Group | 5,000 | $43,250 | |
| BEAM | Beam Therapeutics Inc. | 1,807 | $43,060 | |
| GH | Guardant Health, Inc. | 445 | $41,104 | |
| BBAI | BigBear.ai Holdings, Inc. | 11,655 | $41,025 | |
| No positions match the current search. | ||||
1,166 tracked positions ·
$1,533,057,636 total
· filing declares
1,235 positions · $1,535,158,307
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 1,166 positions by value
· page 1 of 24
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
PUT
CALL
+ SHARES
|
Reduced | 251,236 | $187,615,507 | 12.24% | |
| QQQ |
Invesco Qqq Trust, Series 1
PUT
+ SHARES
|
Reduced | 143,412 | $105,608,596 | 6.89% | |
| DHDG |
FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF
|
NEW | 2,052,858 | $75,066,858 | 4.90% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 105,611 | $72,534,690 | 4.73% | |
| QCAP |
FT Vest Nasdaq-100 Conservative Buffer ETF - April
|
NEW | 2,769,041 | $68,971,273 | 4.50% | |
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
|
Reduced | 342,992 | $65,346,835 | 4.26% | |
| GDEC |
FT Vest U.S. Equity Moderate Buffer ETF - December
|
Reduced | 1,073,956 | $42,747,744 | 2.79% | |
| UPS |
United Parcel Service Inc
CALL
+ SHARES
Industrials
|
Reduced | 368,651 | $39,629,982 | 2.59% | |
| RSDE |
FT Vest U.S. Equity Equal Weight Buffer ETF - December
|
Reduced | 1,639,997 | $38,516,969 | 2.51% | |
| PPLT |
abrdn Platinum ETF Trust
|
Added | 2,317,380 | $32,744,579 | 2.14% | |
| GLD |
Spdr Gold Trust
PUT
CALL
+ SHARES
|
Reduced | 78,327 | $28,854,100 | 1.88% | |
| PSLV |
Sprott Physical Silver Trust
Financial Services
|
Reduced | 1,372,914 | $25,906,887 | 1.69% | |
| USFR |
WisdomTree Floating Rate Treasury Fund
|
Reduced | 511,767 | $25,767,468 | 1.68% | |
| TSLA |
Tesla, Inc.
CALL
+ SHARES
Consumer Cyclical
|
Reduced | 60,182 | $25,312,549 | 1.65% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 84,190 | $24,361,218 | 1.59% | |
| QQQM |
Invesco Ltd.
Financial Services
|
Reduced | 74,077 | $22,443,108 | 1.46% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 103,415 | $18,708,807 | 1.22% | |
| CRM |
Salesforce, Inc.
CALL
+ SHARES
Technology
|
Reduced | 117,670 | $18,434,182 | 1.20% | |
| IGV |
iShares Expanded Tech-Software Sector ETF
|
Added | 192,847 | $17,471,938 | 1.14% | |
| CEF |
Sprott Physical Gold & Silver Trust
Financial Services
|
Held | 356,183 | $14,329,242 | 0.93% | |
| NVDA |
Nvidia Corp
PUT
CALL
+ SHARES
Technology
|
Reduced | 71,513 | $14,309,036 | 0.93% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 26,766 | $13,393,438 | 0.87% | |
| OKE |
Oneok Inc
Energy
|
Held | 151,792 | $13,196,796 | 0.86% | |
| FNF |
Fidelity National Financial, Inc.
Financial Services
|
Added | 260,966 | $12,307,156 | 0.80% | |
| GDXJ |
VanEck Junior Gold Miners ETF
|
Held | 122,976 | $12,082,392 | 0.79% | |
| GOOGL |
Alphabet Inc.
CALL
+ SHARES
Communication Services
|
Reduced | 32,692 | $11,683,140 | 0.76% | |
| VUG |
VANGUARD GROWTH INDEX FUND
|
Added | 126,272 | $10,877,070 | 0.71% | |
| PDX |
PIMCO Dynamic Income Strategy Fund
Financial Services
|
Added | 489,829 | $10,198,239 | 0.67% | |
| SPYM |
State Street(R) SPDR(R) Portfolio S&P 500(R) ETF
|
Reduced | 113,533 | $9,977,280 | 0.65% | |
| VIG |
Vanguard Specialized Funds
|
Added | 37,649 | $8,908,506 | 0.58% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 36,445 | $8,686,301 | 0.57% | |
| VGK |
VANGUARD EUROPEAN STOCK INDEX FUND
|
Reduced | 97,488 | $8,631,587 | 0.56% | |
| AEM |
Agnico Eagle Mines Ltd
Basic Materials
|
Reduced | 55,327 | $8,582,877 | 0.56% | |
| ITOT |
iShares Core S&P Total U.S. Stock Market ETF
|
Reduced | 50,651 | $8,320,439 | 0.54% | |
| ONEQ |
Fidelity Nasdaq Composite Index ETF
|
Reduced | 77,417 | $7,990,982 | 0.52% | |
| AVGO |
Broadcom Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 18,089 | $6,833,119 | 0.45% | |
| AA |
Alcoa Corp
Basic Materials
|
Reduced | 129,965 | $6,776,375 | 0.44% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 18,988 | $6,709,030 | 0.44% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Added | 86,360 | $6,213,602 | 0.41% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Added | 10,642 | $6,182,044 | 0.40% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Reduced | 17,688 | $6,031,961 | 0.39% | |
| BAC |
Bank Of America Corp
PUT
+ SHARES
Financial Services
|
Reduced | 101,754 | $5,797,942 | 0.38% | |
| MSFT |
Microsoft Corp
CALL
+ SHARES
Technology
|
Reduced | 15,392 | $5,741,523 | 0.37% | |
| AU |
AngloGold Ashanti PLC
Basic Materials
|
Added | 69,062 | $5,586,425 | 0.36% | |
|
|
Added | 60,713 | $5,563,739 | 0.36% | ||
| NEM |
NEWMONT Corp
Basic Materials
|
Reduced | 58,947 | $5,505,649 | 0.36% | |
| PAAS |
Pan American Silver Corp
Basic Materials
|
Added | 121,150 | $5,426,308 | 0.35% | |
| CAT |
Caterpillar Inc
Industrials
|
Added | 4,929 | $5,248,892 | 0.34% | |
| GLW |
Corning Inc
Technology
|
Reduced | 20,505 | $5,237,592 | 0.34% | |
| GDX |
VanEck Gold Miners ETF
|
Reduced | 68,042 | $5,133,768 | 0.33% |
Showing the top 50 of 1,166 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.