NBW CAPITAL LLC
Filing Date
Global Rank
#3,499
/ 8,120
▼ 127
· as of Jun 2025
Top Industry
Oil & Gas Midstream
23.4%
3Y Alpha vs SPY
+4.4%
Period ended 1 year ago
Filed Aug 13, 2025 · 1y
22 quarters · since Mar 2020
Clone Performance
Sep 2023–Jan 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+67.2%
SPY
+55.5%
Annualised alpha
+3.8%
Max drawdown
−17.9%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 100% of reported value on average across 9 quarters.NBW CAPITAL LLC has stopped filing, so the simulation ends in Jan 2026 — where its last reported portfolio went stale — rather than trading that portfolio forward to today. Past performance does not predict future results.
Portfolio Concentration
105 tracked positions · as of Jun 30, 2025 · Δ vs Mar 31, 2025Top Position
6.2%
−0.1 pts
Top 5
21.7%
+0.7 pts
Top 10
36.6%
−0.2 pts
HHI
234
Diversified+2
Portfolio Trend
22 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 24.0% | $105,816,323 |
| Technology | 21.6% | $95,348,801 |
| Financial Services | 16.1% | $70,752,787 |
| Healthcare | 9.0% | $39,715,073 |
| Consumer Cyclical | 8.7% | $38,551,387 |
| Unclassified | 7.0% | $30,641,053 |
| Industrials | 5.7% | $25,072,152 |
| Communication Services | 4.9% | $21,522,753 |
| Real Estate | 1.4% | $6,150,923 |
| Consumer Defensive | 1.4% | $6,065,837 |
| Utilities | 0.2% | $911,125 |
| Basic Materials | 0.0% | $216,340 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ORLY | O Reilly Automotive Inc | +45,592 | 48,771 | $4,395,730 | |
| HASI | HA Sustainable Infrastructure Capital, Inc. | +19,573 | 202,025 | $5,426,391 | |
| EPD | Enterprise Products Partners L.P. | +11,225 | 432,097 | $13,399,327 | |
| PHM | Pultegroup Inc/Mi/ | +8,197 | 49,623 | $5,233,241 | |
| AMT | American Tower Corp /Ma/ | +6,842 | 25,721 | $5,684,855 | |
| ET | Energy Transfer LP | +5,319 | 860,092 | $15,593,467 | |
| GOOGL | Alphabet Inc. | +4,499 | 95,286 | $16,792,251 | |
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | +3,758 | 182,528 | $13,074,558 | |
| NKE | NIKE, Inc. | +3,080 | 34,608 | $2,458,552 | |
| VLTO | Veralto Corp | +2,948 | 34,629 | $3,495,797 | |
| BSX | Boston Scientific Corp | +1,696 | 53,896 | $5,788,969 | |
| STE | STERIS plc | +1,687 | 23,254 | $5,586,075 | |
| HQY | Healthequity, Inc. | +1,528 | 53,514 | $5,606,126 | |
| TYL | Tyler Technologies Inc | +1,505 | 12,539 | $7,433,620 | |
| SUN | Sunoco LP | +1,431 | 76,009 | $4,073,322 | |
| GLP | Global Partners LP | +1,181 | 79,794 | $4,207,537 | |
| — | +1,029 | 28,287 | $4,517,433 | ||
| OKE | Oneok Inc /New/ | +944 | 6,012 | $490,759 | |
| DSGX | Descartes Systems Group Inc | +400 | 54,898 | $5,580,381 | |
| CSCO | Cisco Systems, Inc. | +386 | 3,635 | $252,196 | |
| PANW | Palo Alto Networks Inc | +382 | 42,776 | $8,753,680 | |
| MS | Morgan Stanley | +381 | 2,129 | $299,890 | |
| VRTX | Vertex Pharmaceuticals Inc / Ma | +293 | 15,939 | $7,096,042 | |
| ABBV | AbbVie Inc. | +268 | 30,614 | $5,682,570 | |
| PEP | Pepsico Inc | +268 | 2,028 | $267,777 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| AM | Antero Midstream Corp | −142,677 | 160,279 | $3,037,287 | |
| PAA | Plains All American Pipeline LP | −31,512 | 624,089 | $11,433,310 | |
| PAGP | Plains Gp Holdings LP | −22,946 | 240,041 | $4,663,996 | |
| BJ | BJ's Wholesale Club Holdings, Inc. | −19,701 | 40,119 | $4,326,031 | |
| JPM | Jpmorgan Chase & Co | −10,945 | 564,038 | $27,423,410 | |
| MPLX | Mplx LP | −8,597 | 249,837 | $12,869,103 | |
| AROC | Archrock, Inc. | −6,292 | 209,698 | $5,206,801 | |
| LNG | Cheniere Energy, Inc. | −4,295 | 72,858 | $17,742,380 | |
| ONEW | OneWater Marine Inc. | −3,179 | 149,299 | $1,999,113 | |
| SONO | Sonos Inc | −2,857 | 204,008 | $2,205,326 | |
| BWX | State Street SPDR Bloomberg International Treasury Bond ETF | −1,488 | 5,507 | $524,927 | |
| DKNG | DraftKings Inc. | −1,213 | 91,317 | $3,916,586 | |
| PLMR | Palomar Holdings, Inc. | −1,124 | 68,657 | $10,590,342 | |
| LYTS | Lsi Industries Inc | −1,110 | 102,207 | $1,738,541 | |
| WES | Western Midstream Partners, LP | −1,078 | 311,118 | $12,040,266 | |
| — | −975 | 33,703 | $0 | ||
| ATI | Ati Inc | −826 | 73,557 | $6,350,911 | |
| PATK | Patrick Industries Inc | −804 | 82,167 | $7,581,549 | |
| MRVL | Marvell Technology, Inc. | −761 | 92,290 | $7,143,246 | |
| WFC | Wells Fargo & Company/Mn | −735 | 79,332 | $6,356,079 | |
| GLD | Spdr Gold Trust | −385 | 2,559 | $780,059 | |
| MCD | Mcdonalds Corp | −353 | 42,053 | $12,286,625 | |
| — | −339 | 39,921 | $0 | ||
| SPY | Spdr S&P 500 ETF Trust | −322 | 17,987 | $11,113,267 | |
| ADI | Analog Devices Inc | −321 | 36,050 | $8,580,621 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
19 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| VB | Vanguard Morningstar Small-Cap ETF | 1,192 | $362,284 | |
| ABI | VictoryShares Pioneer Asset-Based Income ETF | 1,926 | $350,031 | |
| ACES | ALPS Clean Energy ETF | 6,400 | $312,704 | |
| MDLZ | Mondelez International, Inc. | 4,134 | $278,796 | |
| CL | Colgate Palmolive Co | 2,989 | $271,700 | |
| PLD | Prologis, Inc. | 2,515 | $264,376 | |
| KMI | Kinder Morgan, Inc. | 8,035 | $236,229 | |
| NEE | Nextera Energy Inc | 3,382 | $234,778 | |
| MET | Metlife Inc | 2,760 | $221,959 | |
| LMT | Lockheed Martin Corp | 477 | $220,917 | |
| AEP | American Electric Power Co Inc | 2,125 | $220,490 | |
| APD | Air Products & Chemicals, Inc. | 767 | $216,340 | |
| CMCSA | Comcast Corp | 5,970 | $213,069 | |
| TXN | Texas Instruments Inc | 1,014 | $210,526 | |
| WMB | Williams Companies, Inc. | 3,286 | $206,393 | |
| PG | PROCTER & GAMBLE Co | 1,280 | $203,929 | |
| O | Realty Income Corp | 3,501 | $201,692 | |
| C | Citigroup Inc | 2,359 | $200,798 | |
| — | 66,353 | $0 | ||
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
8 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MAS | Masco Corp /De/ | 67,701 | $4,707,927 | |
| NGL | NGL Energy Partners LP | 520,259 | $2,361,975 | |
| T | At&T Inc. | 8,218 | $232,405 | |
| COP | Conocophillips | 2,065 | $216,866 | |
| VZ | Verizon Communications Inc | 4,682 | $212,375 | |
| BNY | Bank of New York Mellon Corp | 2,501 | $209,758 | |
| BMY | Bristol Myers Squibb Co | 3,380 | $206,146 | |
| — | 44,791 | $0 | ||
| No positions match the current search. | ||||
105 tracked positions ·
$440,764,554 total
· filing declares
111 positions · $463,554,136
· as of Jun 30, 2025
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 105 positions by value
· page 1 of 3
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 564,038 | $27,423,410 | 6.22% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 36,735 | $18,272,356 | 4.15% | |
| LNG |
Cheniere Energy, Inc.
Energy
|
Reduced | 72,858 | $17,742,380 | 4.03% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 95,286 | $16,792,251 | 3.81% | |
| ET |
Energy Transfer LP
Energy
|
Added | 860,092 | $15,593,467 | 3.54% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 68,186 | $13,989,721 | 3.17% | |
| EPD |
Enterprise Products Partners L.P.
Energy
|
Added | 432,097 | $13,399,327 | 3.04% | |
| AAXJ |
iShares MSCI All Country Asia ex Japan ETF
|
Added | 182,528 | $13,074,558 | 2.97% | |
| MPLX |
Mplx LP
Energy
|
Reduced | 249,837 | $12,869,103 | 2.92% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Reduced | 42,053 | $12,286,625 | 2.79% | |
| WES |
Western Midstream Partners, LP
Energy
|
Reduced | 311,118 | $12,040,266 | 2.73% | |
| PAA |
Plains All American Pipeline LP
Energy
|
Reduced | 624,089 | $11,433,310 | 2.59% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 17,987 | $11,113,267 | 2.52% | |
| PLMR |
Palomar Holdings, Inc.
Financial Services
|
Reduced | 68,657 | $10,590,342 | 2.40% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Added | 42,776 | $8,753,680 | 1.99% | |
| ADI |
Analog Devices Inc
Technology
|
Reduced | 36,050 | $8,580,621 | 1.95% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 30,781 | $8,484,782 | 1.93% | |
| PATK |
Patrick Industries Inc
Consumer Cyclical
|
Reduced | 82,167 | $7,581,549 | 1.72% | |
| TYL |
Tyler Technologies Inc
Technology
|
Added | 12,539 | $7,433,620 | 1.69% | |
| ROP |
Roper Technologies Inc
Technology
|
Added | 12,745 | $7,224,375 | 1.64% | |
| MRVL |
Marvell Technology, Inc.
Technology
|
Reduced | 92,290 | $7,143,246 | 1.62% | |
| VRTX |
Vertex Pharmaceuticals Inc / Ma
Healthcare
|
Added | 15,939 | $7,096,042 | 1.61% | |
| ITW |
Illinois Tool Works Inc
Industrials
|
Reduced | 27,692 | $6,846,847 | 1.55% | |
| WFC |
Wells Fargo & Company/Mn
Financial Services
|
Reduced | 79,332 | $6,356,079 | 1.44% | |
| ATI |
Ati Inc
Industrials
|
Reduced | 73,557 | $6,350,911 | 1.44% | |
| PGR |
Progressive Corp/Oh/
Financial Services
|
Added | 23,574 | $6,290,957 | 1.43% | |
| BSX |
Boston Scientific Corp
Healthcare
|
Added | 53,896 | $5,788,969 | 1.31% | |
| AMT |
American Tower Corp /Ma/
Real Estate
|
Added | 25,721 | $5,684,855 | 1.29% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Added | 30,614 | $5,682,570 | 1.29% | |
| HQY |
Healthequity, Inc.
Healthcare
|
Added | 53,514 | $5,606,126 | 1.27% | |
| STE |
STERIS plc
Healthcare
|
Added | 23,254 | $5,586,075 | 1.27% | |
| DSGX |
Descartes Systems Group Inc
Technology
|
Added | 54,898 | $5,580,381 | 1.27% | |
| HASI |
HA Sustainable Infrastructure Capital, Inc.
Financial Services
|
Added | 202,025 | $5,426,391 | 1.23% | |
| PHM |
Pultegroup Inc/Mi/
Consumer Cyclical
|
Added | 49,623 | $5,233,241 | 1.19% | |
| AROC |
Archrock, Inc.
Energy
|
Reduced | 209,698 | $5,206,801 | 1.18% | |
| PAGP |
Plains Gp Holdings LP
Energy
|
Reduced | 240,041 | $4,663,996 | 1.06% | |
|
|
Added | 28,287 | $4,517,433 | 1.02% | ||
| ORLY |
O Reilly Automotive Inc
Consumer Cyclical
|
Added | 48,771 | $4,395,730 | 1.00% | |
| BJ |
BJ's Wholesale Club Holdings, Inc.
Consumer Defensive
|
Reduced | 40,119 | $4,326,031 | 0.98% | |
| GLP |
Global Partners LP
Energy
|
Added | 79,794 | $4,207,537 | 0.95% | |
| V |
Visa Inc.
Financial Services
|
Added | 11,660 | $4,139,883 | 0.94% | |
| RJF |
Raymond James Financial Inc
Financial Services
|
Added | 26,801 | $4,110,469 | 0.93% | |
| SUN |
Sunoco LP
Energy
|
Added | 76,009 | $4,073,322 | 0.92% | |
| MDY |
Spdr S&P Midcap 400 ETF Trust
|
Added | 7,083 | $4,012,377 | 0.91% | |
| DKNG |
DraftKings Inc.
Consumer Cyclical
|
Reduced | 91,317 | $3,916,586 | 0.89% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 6,871 | $3,861,089 | 0.88% | |
| CDNS |
Cadence Design Systems Inc
Technology
|
Reduced | 12,518 | $3,857,421 | 0.88% | |
| DHR |
Danaher Corp /De/
Healthcare
|
Reduced | 19,315 | $3,815,485 | 0.87% | |
| WM |
Waste Management Inc
Industrials
|
Added | 16,617 | $3,802,301 | 0.86% | |
| NOC |
Northrop Grumman Corp /De/
Industrials
|
Reduced | 7,196 | $3,597,856 | 0.82% |
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.