King Luther Capital Management Corp.
Luther King Capital Management Corporation (LKCM) is a privately held investment advisory and asset management firm headquartered in Fort Worth, Texas. Founded in 1979 by J. Luther King, Jr., LKCM serves a variety of institutional investors, individual clients, foundations, and retirement plans. With approximately 105 employees, LKCM provides diversified investment solutions across public and private markets, including private equity, hedge funds, and traditional asset management.
Investment Strategy
LKCM utilizes a long-term, fundamental investment strategy focused on value-based research, risk management, and capital preservation. The firm manages a broad spectrum of strategies that include public equity portfolios, private equity partnerships, and hedge funds. LKCM aims to create value for clients by identifying strong businesses with sustainable growth, investing across multiple sectors and geographies, and engaging in private equity co-investments and alternative strategies. Portfolio construction is based on rigorous, bottom-up analysis and a disciplined risk control philosophy.
Latest 13F Filing Activity
King Luther Capital Management Corp. filed their most recent 13F report on Jun 30, 2025 disclosing 579 equity positions with a total 13F market value of $23B. The fund increased holdings in Nvidia Corp., Microsoft Corp., Oracle Corp. among other positions. King Luther Capital Management Corp. reduced exposure to Apple Inc., Thermo Fisher Scientific Inc., Unitedhealth Group Inc. among others.
Top Holdings
Equity Positions (579)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 6.31% | $1.45B | 2,924,108 | $77.90 | $497.41 | +$337.5M |
A AAPL | APPLE INC | 5.06% | $1.17B | 5,683,272 | $19.26 | $205.17 | -$141.1M |
N NVDA | NVIDIA CORP | 4.77% | $1.10B | 6,959,868 | $30.16 | $157.99 | +$349.9M |
D DSGR | DISTRIBUTION SOLUTIONS GRP I | 4.34% | $998.7M | 36,357,588 | $25.40 | $27.47 | -$19.3M |
A AMZN | AMAZON COM INC | 3.15% | $725.5M | 3,307,058 | $23.36 | $219.39 | +$89.3M |
Industry Allocation
Investment Team (32)
| Name | Role | Location | |
|---|---|---|---|
 | Portfolio Manager | TX , United States | |
 | Analyst | Fort Worth, TX , United States | |
 | Vice President, Portfolio Manager and Analyst | Dallas, TX , United States | |
 | Senior Portfolio Manager | San Antonio, TX , United States | |
 | Principal, Analyst, Portfolio Manager | Fort Worth, TX , United States | |
D David May | Vice President | Austin, TX , United States | |
 | Performance Analyst | Euless, TX , United States | |
 | Portfolio Manager | San Antonio, TX , United States | |
G Gary Walsh | Principal and Portfolio Manager | Fort Worth, TX , United States | |
 | Special Project Analyst | Fort Worth, TX , United States |