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

Institutional Holdings (2017Q1)
Portfolio Summary: 167 holdings with a total value of $54,572,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 AON PLC 741 88,000 0.16%
52 VANGUARD INTL EQUITY INDEX F 1,715 82,000 0.15%
53 PIMCO 1-5 YEAR U.S. TIPS INDEX EXCHANGE-TRADED FUND 1,531 81,000 0.15%
54 EMERSON ELEC CO 1,260 75,000 0.14%
55 VANGUARD BD INDEX FDS 865 69,000 0.13%
56 AMERICAN TOWER CORP NEW 549 67,000 0.12%
57 ISHARES TR 382 65,000 0.12%
58 TEXAS INSTRS INC 795 64,000 0.12%
59 AQUA AMERICA INC 1,794 58,000 0.11%
60 3M CO 303 58,000 0.11%
61 ANADARKO PETE CORP 939 58,000 0.11%
62 PHILIP MORRIS INTL INC 500 56,000 0.10%
63 CUMMINS INC 358 54,000 0.10%
64 GENERAL ELECTRIC CO 1,789 53,000 0.10%
65 VERIZON COMMUNICATIONS INC 1,064 52,000 0.10%
66 INTEL CORP 1,425 51,000 0.09%
67 CSX CORP 1,099 51,000 0.09%
68 AT&T INC 1,146 48,000 0.09%
69 ISHARES U.S. UTILITIES ETF 370 47,000 0.09%
70 ISHARES TR 190 45,000 0.08%
71 NEXTERA ENERGY INC 352 45,000 0.08%
72 BLACKROCK MUNIVEST FD INC 4,667 45,000 0.08%
73 INTERNATIONAL BUSINESS MACHS 253 44,000 0.08%
74 PRAXAIR INC 352 42,000 0.08%
75 ALPHABET INC 50 42,000 0.08%
76 SPDR S&P 500 ETF TR 175 42,000 0.08%
77 HERSHEY CO 363 40,000 0.07%
78 ROYAL DUTCH SHELL PLC 741 39,000 0.07%
79 LOEWS CORP 804 38,000 0.07%
80 BRISTOL MYERS SQUIBB CO 686 37,000 0.07%
81 PHILLIPS 66 488 37,000 0.07%
82 WAL-MART STORES INC 508 37,000 0.07%
83 ARCHER DANIELS MIDLAND CO 730 34,000 0.06%
84 INTERNATIONAL BANCSHARES COR 893 32,000 0.06%
85 WATERS CORP 200 31,000 0.06%
86 TARGET CORP 553 31,000 0.06%
87 POWERSHARES ETF TRUST 1,200 31,000 0.06%
88 BRUKER CORP 1,300 30,000 0.05%
89 WELLS FARGO & CO NEW 519 29,000 0.05%
90 THERMO FISHER SCIENTIFIC INC 187 29,000 0.05%
91 OCCIDENTAL PETE CORP DEL 418 27,000 0.05%
92 CONOCOPHILLIPS 547 27,000 0.05%
93 NASDAQ OMX GROUP 379 26,000 0.05%
94 TESLA INC 92 26,000 0.05%
95 BROADRIDGE FINL SOLUTIONS IN 379 26,000 0.05%
96 ISHARES TR 180 25,000 0.05%
97 NOVO-NORDISK A S 730 25,000 0.05%
98 UNION PAC CORP 229 24,000 0.04%
99 CROWN CASTLE INTL CORP NEW 253 24,000 0.04%
100 WHOLE FOODS MKT INC 811 24,000 0.04%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001696731-17-000004, filed 2017.05.17).

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.