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Novare Capital Management LLC

CIK:0001388409
Investment Adviser
$2B AUM
197 holdings
Charlotte, NC, United States
Founded:1999
23 employees
Latest filing:Jun 30, 2025

Novare Capital Management LLC is a registered investment adviser headquartered in Charlotte, North Carolina. Founded in 1999, the firm provides tailored investment management and wealth advisory services, primarily serving high net worth individuals and families, as well as charitable organizations. With an estimated 23 employees, the firm is led by its principal owners and focuses on client-centered portfolio management and financial planning.

Investment Strategy

Novare Capital Management LLC employs a client-centric investment strategy focused on comprehensive wealth management, including both discretionary and non-discretionary portfolio solutions. The firm designs customized investment strategies tailored to each client's goals, risk tolerance, and investment timelines. Portfolios generally include diversified holdings across equities and fixed income, with careful security selection and regular oversight. The team aims to preserve capital and achieve organic growth through prudent asset allocation and a long-term investment horizon.

Latest 13F Filing Activity

Novare Capital Management LLC filed their most recent 13F report on Jun 30, 2025 disclosing 197 equity positions with a total 13F market value of $1B. The fund increased holdings in Broadcom Inc., Microsoft Corp., Nvidia Corporation among other positions. Novare Capital Management LLC reduced exposure to Merck & Co. Inc., Unitedhealth Group Inc., Fortive Corp. among others.

Top Buys
A
AVGOBROADCOM INC
+$16.4M
M
MSFTMICROSOFT CORP
+$14.8M
N
NVDANVIDIA CORPORATION
+$14.5M
X
XLYSELECT SECTOR SPDR TR
+$13.1M
I
IVVISHARES TR
+$6.8M
Top Sells
M
MRKMERCK & CO INC
-$8.1M
U
UNHUNITEDHEALTH GROUP INC
-$7.6M
F
FTVFORTIVE CORP
-$6.5M
Q
QSRRESTAURANT BRANDS INTL INC
-$4.1M
S
SOXXISHARES TR
-$3.4M

Top Holdings

S
SPYSPDR S&P 500 ETF TR
+5.0%$62.1M
M
MSFTMICROSOFT CORP
+4.9%$60.0M
I
IVVISHARES TR
+3.4%$42.4M
A
AVGOBROADCOM INC
+3.4%$41.9M
A
AAPLAPPLE INC
+3.1%$38.4M

Equity Positions (197)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
SPDR S&P 500 ETF TR5.05%$62.1M100,573$355.07$617.85+$5.1M
MICROSOFT CORP4.87%$60.0M120,568$114.69$497.41+$14.8M
ISHARES TR3.45%$42.4M68,304$403.69$620.90+$6.8M
BROADCOM INC3.41%$41.9M152,029$33.57$275.65+$16.4M
APPLE INC3.12%$38.4M187,397$54.17$205.17+$52.9K

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+8.2%
SERVICES-PREPACKAGED SOFTWARE
+7.1%
PHARMACEUTICAL PREPARATIONS
+5.8%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+4.1%
ELECTRONIC COMPUTERS
+3.1%