Black Cypress Capital Management, LLC
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Oct 2026 | $304,630,511 | Individuals and high net worth (81%) |
| Apr 2025 to Mar 2026 | $252,629,106 | Individuals and high net worth (83%) |
| Apr 2024 to Mar 2025 | $221,459,238 | Individuals and high net worth (80%) |
| May 2023 to Mar 2024 | $178,041,643 | Individuals and high net worth (79%) |
| Apr 2023 | $178,041,643 | Individuals and high net worth (79%) |
| Apr 2022 to Mar 2023 | $190,749,313 | Individuals and high net worth (77%) |
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: the S&P 500 as of 2026-06-30, active share 93.2%; sector active share 51.8% against the combined 13F book's sector weights.
Over time 10 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
29 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 31.0% | $46,334,166 |
| Financial Services | 18.5% | $27,748,304 |
| Industrials | 18.0% | $27,003,169 |
| Communication Services | 17.4% | $26,071,707 |
| Energy | 7.6% | $11,432,839 |
| Unclassified | 3.9% | $5,865,582 |
| Consumer Defensive | 3.5% | $5,162,090 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| WFC | Wells Fargo & Company/Mn | +53,217 | 111,865 | $9,244,523 | |
| FND | Floor & Decor Holdings, Inc. | +23,562 | 356,735 | $21,175,789 | |
| LULU | lululemon athletica inc. | +14,166 | 40,653 | $4,641,759 | |
| FBIN | Fortune Brands Innovations, Inc. | +9,880 | 243,487 | $13,367,436 | |
| CCL | Carnival Corp Ltd. | +2,916 | 255,136 | $7,289,235 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| WCC | Wesco International Inc | −23,413 | 13,729 | $4,742,408 | |
| DAL | Delta Air Lines, Inc. | −15,728 | 4,665 | $436,923 | |
| SLB | Slb Limited/Nv | −11,133 | 126,907 | $5,899,906 | |
| HAL | Halliburton Co | −10,570 | 162,973 | $5,532,933 | |
| BF-B | Brown Forman Corp | −8,493 | 161,988 | $4,316,980 | |
| USB | US Bancorp De | −8,249 | 306,354 | $18,503,781 | |
| AMZN | Amazon Com Inc | −2,806 | 55,363 | $13,195,217 | |
| UAL | United Airlines Holdings, Inc. | −2,224 | 62,184 | $8,456,402 | |
| DIS | Walt Disney Co | −2,031 | 120,475 | $11,595,718 | |
| LOW | Lowes Companies Inc | −1,092 | 24 | $5,291 | |
| META | Meta Platforms, Inc. | −936 | 25,699 | $14,475,989 | |
| SCHF | Schwab International Equity ETF | −841 | 39,244 | $1,087,058 | |
| VWO | VANGUARD EMERGING MARKETS STOCK INDEX FUND | −402 | 10,242 | $611,344 | |
| IEFA | iShares Core MSCI EAFE ETF | −353 | 16,408 | $1,584,684 | |
| IEMG | iShares Trust | −314 | 9,408 | $779,358 | |
| SBUX | Starbucks Corp | −108 | 263 | $26,875 | |
| VEA | Vanguard FTSE Developed Markets ETF | −103 | 15,129 | $1,077,941 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| FND |
Floor & Decor Holdings, Inc.
Consumer Cyclical
|
Added | 356,735 | $21,175,789 | 14.15% | |
| USB |
US Bancorp De
Financial Services
|
Reduced | 306,354 | $18,503,781 | 12.37% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 25,699 | $14,475,989 | 9.68% | |
| FBIN |
Fortune Brands Innovations, Inc.
Industrials
|
Added | 243,487 | $13,367,436 | 8.93% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 55,363 | $13,195,217 | 8.82% | |
| DIS |
Walt Disney Co
Communication Services
|
Reduced | 120,475 | $11,595,718 | 7.75% | |
| WFC |
Wells Fargo & Company/Mn
Financial Services
|
Added | 111,865 | $9,244,523 | 6.18% | |
| UAL |
United Airlines Holdings, Inc.
Industrials
|
Reduced | 62,184 | $8,456,402 | 5.65% | |
| CCL |
Carnival Corp Ltd.
Consumer Cyclical
|
Added | 255,136 | $7,289,235 | 4.87% | |
| SLB |
Slb Limited/Nv
Energy
|
Reduced | 126,907 | $5,899,906 | 3.94% | |
| HAL |
Halliburton Co
Energy
|
Reduced | 162,973 | $5,532,933 | 3.70% | |
| WCC |
Wesco International Inc
Industrials
|
Reduced | 13,729 | $4,742,408 | 3.17% | |
| LULU |
lululemon athletica inc.
Consumer Cyclical
|
Added | 40,653 | $4,641,759 | 3.10% | |
| BF-B |
Brown Forman Corp
Consumer Defensive
|
Reduced | 161,988 | $4,316,980 | 2.89% | |
| IEFA |
iShares Core MSCI EAFE ETF
|
Reduced | 16,408 | $1,584,684 | 1.06% | |
| SCHF |
Schwab International Equity ETF
|
Reduced | 39,244 | $1,087,058 | 0.73% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
Reduced | 15,129 | $1,077,941 | 0.72% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
Held | 6,076 | $845,110 | 0.56% | |
| IEMG |
iShares Trust
|
Reduced | 9,408 | $779,358 | 0.52% | |
| VWO |
VANGUARD EMERGING MARKETS STOCK INDEX FUND
|
Reduced | 10,242 | $611,344 | 0.41% | |
| DAL |
Delta Air Lines, Inc.
Industrials
|
Reduced | 4,665 | $436,923 | 0.29% | |
| IBTH |
iShares iBonds Dec 2027 Term Treasury ETF
|
Held | 6,500 | $145,405 | 0.10% | |
| IBDS |
iShares iBonds Dec 2027 Term Corporate ETF
|
Held | 5,800 | $140,476 | 0.09% | |
| IVE |
iShares S&P 500 Value ETF
|
Held | 539 | $122,385 | 0.08% | |
| IBTG |
iShares iBonds Dec 2026 Term Treasury ETF
|
Held | 5,100 | $116,739 | 0.08% | |
| IVW |
iShares S&P 500 Growth ETF
|
Held | 839 | $115,387 | 0.08% | |
| IBDR |
iShares iBonds Dec 2026 Term Corporate ETF
|
Held | 3,500 | $84,805 | 0.06% | |
| SBUX |
Starbucks Corp
Consumer Cyclical
|
Reduced | 263 | $26,875 | 0.02% | |
| LOW |
Lowes Companies Inc
Consumer Cyclical
|
Reduced | 24 | $5,291 | 0.00% |
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.