Dark
Light
System
Institutional Investment Manager
NEW CAPITAL MANAGEMENT LP
NEW CAPITAL MANAGEMENT LP (CIK: 0001696731). Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 160 holdings with a total value of $69,046,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 165,819 27,025,000 39.14%
2 WEINGARTEN RLTY INVS 393,493 14,083,000 20.40%
3 PEPSICO INC 58,595 6,131,000 8.88%
4 iShares Barclays 0-5 Year TIPS 31,850 3,208,000 4.65%
5 APPLE INC 21,604 2,502,000 3.62%
6 VANGUARD INTL EQUITY INDEX F 28,485 1,738,000 2.52%
7 VANGUARD BD INDEX FDS 13,834 1,118,000 1.62%
8 ISHARES TR 8,509 919,000 1.33%
9 EXXON MOBIL CORP 7,948 717,000 1.04%
10 ISHARES TR 8,598 707,000 1.02%
11 ISHARES TR 10,352 613,000 0.89%
12 YUM BRANDS INC 8,662 549,000 0.80%
13 SPDR SER TR 5,859 501,000 0.73%
14 MARATHON OIL CORP 27,466 475,000 0.69%
15 VANGUARD INDEX FDS 3,704 427,000 0.62%
16 SELECT SECTOR SPDR TR 18,366 427,000 0.62%
17 CAMBRIA ETF TR 10,493 341,000 0.49%
18 ISHARES COHEN & STEERS REIT ETF 2,992 298,000 0.43%
19 MICROSOFT CORP 4,283 266,000 0.39%
20 ISHARES TR 2,810 259,000 0.38%
21 COCA COLA CO 6,211 257,000 0.37%
22 BERKSHIRE HATHAWAY INC DEL 1 244,000 0.35%
23 ISHARES TR 12,788 242,000 0.35%
24 ISHARES TR 2,038 239,000 0.35%
25 YUM CHINA HLDGS INC 8,662 226,000 0.33%
26 JOHNSON & JOHNSON 1,854 214,000 0.31%
27 PROCTER AND GAMBLE CO 2,503 210,000 0.30%
28 COSTCO WHSL CORP NEW 1,257 201,000 0.29%
29 AT&T INC 4,146 176,000 0.25%
30 CHEVRON CORP NEW 1,451 171,000 0.25%
31 VANGUARD BD INDEX FDS 1,862 155,000 0.22%
32 ALTRIA GROUP INC 2,061 139,000 0.20%
33 DISNEY WALT CO 1,330 139,000 0.20%
34 ISHARES TR 1,390 128,000 0.19%
35 ISHARES TR 1,288 125,000 0.18%
36 WESTERN GAS PARTNERS LP 1,735 102,000 0.15%
37 ISHARES TR 860 97,000 0.14%
38 ISHARES RUSSELL 3000 ETF 718 95,000 0.14%
39 JPMORGAN CHASE & CO 1,052 91,000 0.13%
40 ISHARES TR 1,168 90,000 0.13%
41 VANGUARD WORLD FDS 700 89,000 0.13%
42 ALLSTATE CORP 1,183 88,000 0.13%
43 ISHARES TR 3,475 88,000 0.13%
44 ISHARES TR 526 87,000 0.13%
45 ISHARES 3,193 87,000 0.13%
46 AON PLC 741 83,000 0.12%
47 BARD C R INC 360 81,000 0.12%
48 ISHARES TR 3,189 80,000 0.12%
49 ISHARES TR 3,143 80,000 0.12%
50 PIMCO ETF TRUST 1-5 US TIP IDX ETF 1,531 80,000 0.12%
Page 1 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001696731-17-000003, filed 2017.02.09).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.