Eagle Capital's Focus: Top 4 Holdings Dominate Portfolio
Ravenel Boykin Curry IV's Eagle Capital Management portfolio, as of March 31, 2026, is heavily concentrated in large-cap ETFs and Technology stocks.
Top Holdings Analysis
Eagle Capital Management's portfolio, managed by Ravenel Boykin Curry IV, shows a clear preference for large-cap holdings and Technology stocks as of March 31, 2026.
- SCHD (Schwab Strategic Technology ETF) holds the largest position at $28,509, representing 11.24% of the portfolio.
- SPY (SPDR S&P 500 ETF Trust) is the second largest holding at $24,866 (9.8%), followed by
- QQQ (Invesco QQQ Trust) at $20,234 (7.98%) and
- VUSB (Vanguard Bogleheads Fund for ETFs) at $19,411 (7.65%).
These four holdings alone account for approximately 39.67% of the total portfolio value, highlighting a significant concentration in large-cap equities and broad market exposure through ETFs.
Sector Allocation and Concentration
The portfolio demonstrates a notable concentration in the Technology sector, driven primarily by large-cap US tech stocks:
- Technology: Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Broadcom (AVGO) collectively make up the core of this allocation, representing 5.01%, 3.12%, 4.93%, and 6.66% respectively, totaling over 19% of the portfolio.
- Consumer Cyclical: Amazon (AMZN) accounts for 3.37%.
- Communication Services: Alphabet (GOOGL) is the largest in this sector.
- ETFs: SCHD, SPY, and QQQ provide significant exposure to technology themes and broad market indices.
This allocation suggests a strategic tilt towards growth-oriented and large-cap US stocks, with Technology being the dominant sector.
Recent Changes and Investment Strategy
The portfolio shows relatively stable holdings, with most allocations remaining consistent:
- SCHD saw a slight increase in shares (+0.25%), while VUSB experienced a notable decrease (-4.37%).
- Several holdings, including SPY, QQQ, AVGO, AAPL, GOOGL, and MSFT, showed small decreases in shares (-0.64% to -4.46%), reflecting ongoing portfolio rebalancing or minor tactical adjustments.
The overall strategy appears to be a core-satellite approach, combining broad market exposure (SPY, VUSB) with targeted exposure to technology themes (SCHD, QQQ) and specific large-cap tech stocks (AVGO, AAPL, GOOGL, MSFT). The significant allocation to large-cap US stocks, particularly in the Technology sector, indicates a focus on established, high-growth companies within the US market.