SEC 13F Intelligence

Managers / Q1 2026

NKCFO LLC

CIK 0001757282 · 501 W STATE ST, STE 206, GENEVA, IL, 60134 · 3179858193

Reported Value
$337M
Q1 2026
Positions
106
Filings on Record
30
2019–present window
Filed
May 11, 2026
original filing

Summary

Nkcfo LLC reported $337M in U.S.-listed holdings across 106 positions for Q1 2026.

Its largest position, AEM, represents 12.7% of the portfolio.

Compared with Q4 2025, the fund opened 40 new positions and exited 25.

Portfolio Metrics

Turnover
+24.2%
vs prior filed quarter
Top-10 Concentration
+56.6%
share of reported value
Largest Position
+12.7%
Agnico Eagle Mines
New / Exited
40 / 25
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $129MQ4 ’18Q1 ’19: $145MQ2 ’19: $133MQ3 ’19: $136MQ4 ’19: $137MQ4 ’19Q1 ’20: $107MQ2 ’20: $148MQ3 ’20: $230MQ4 ’20: $252MQ4 ’20Q1 ’21: $265MQ2 ’21: $298MQ3 ’21: $299MQ4 ’21: $311MQ4 ’21Q1 ’22: $322MQ2 ’22: $284MQ3 ’22: $216MQ4 ’22: $213MQ4 ’22Q1 ’23: $207MQ2 ’23: $217MQ3 ’23: $180MQ4 ’23: $185MQ4 ’23Q1 ’24: $167MQ2 ’24: $183MQ3 ’24: $209MQ4 ’24: $227MQ4 ’24Q1 ’25: $215MQ2 ’25: $240MQ3 ’25: $332MQ4 ’25: $346MQ4 ’25Q1 ’26: $337Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 50.0%ETP: 44.8%ADR: 5.1%REIT: 0.1%
  • Common Stock · 50.0% · $169M
  • ETP · 44.8% · $151M
  • ADR · 5.1% · $17M
  • REIT · 0.1% · $237,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IXCISHARES TRNEW+115.1K115.1K+$7M$7M
VDEVANGUARD WORLD FDNEW+38.3K38.3K+$7M$7M
CVECENOVUS ENERGY INCNEW+193.8K193.8K+$5M$5M
HALHALLIBURTON CONEW+126.8K126.8K+$5M$5M
RBB FUND TRUSTNEW+324.3K324.3K+$4M$4M
EQXEQUINOX GOLD CORPNEW+281.6K281.6K+$4M$4M
SHELSHELL PLCNEW+37.5K37.5K+$3M$3M
EOGEOG RES INCNEW+23.3K23.3K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

102 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AEMAGNICO EAGLE MINES LTDhistory →COM12.73%$43M211.5K
2RBB FUND TRUSTFIRST EAGE OVER · TWEEDY BROWNE7.75%$26M754.6K
3IAUISHARES GOLD TRhistory →ISHARES NEW7.30%$25M279.4K
4VTIPVANGUARD MALVERN FDShistory →STRM INFPROIDX6.00%$20M405.4K
5VUSBVANGUARD BD INDEX FDShistory →VANGUARD ULTRA5.96%$20M403.6K
6AGIALAMOS GOLD INChistory →COM CL A5.94%$20M450.8K
7EMXCISHARES INCMSCI EMRG CHN · MSCI STH KOR ETF2.93%$10M112.1K
8NVDANVIDIA CORPORATIONhistory →COM2.75%$9M53.1K
9CSCOCISCO SYS INChistory →COM2.71%$9M117.8K
10NUENUCOR CORPhistory →COM2.54%$9M50.7K
11GOOGLALPHABET INChistory →CAP STK CL A2.32%$8M27.2K
12MDTMEDTRONIC PLChistory →SHS2.17%$7M84.4K
13IXCISHARES TRGOLBAL ENERG ETF · 20 YR TR BD ETF2.12%$7M121.1K
14VDEVANGUARD WORLD FDhistory →ENERGY ETF1.96%$7M38.3K
15AAPLAPPLE INChistory →COM1.87%$6M24.9K
16PSXPHILLIPS 66history →COM1.86%$6M34.5K
17SLVISHARES SILVER TRhistory →ISHARES1.80%$6M89.1K
18CVECENOVUS ENERGY INChistory →COM1.52%$5M193.8K
19HALHALLIBURTON COhistory →COM1.47%$5M126.8K
20AMERICAN CENTY ETF TRUS SML CP VALU1.27%$4M38.7K
21YCSPROSHARES TR IIULTRASHORT YEN N · ULTRA GOLD1.26%$4M77.8K
22DFSVDIMENSIONAL ETF TRUSThistory →US SMALL CAP VAL1.24%$4M119.8K
23EQXEQUINOX GOLD CORPhistory →COM1.21%$4M281.6K
24EMLCVANECK ETF TRUSThistory →JP MRGAN EM LOC1.14%$4M153.1K
25INTCINTEL CORPhistory →COM1.14%$4M87.0K
26VALEVALE S Ahistory →SPONSORED ADS1.12%$4M237.8K
27GSKGSK PLChistory →SPONSORED ADR1.09%$4M66.8K
28SHELSHELL PLChistory →SPON ADS1.03%$3M37.5K
29IBITISHARES BITCOIN TRUST ETFSHS BEN INT1.00%$3M87.5K
30EOGEOG RES INCCOM1.00%$3M23.3K
31BUSA2023 ETF SERIES TRUSTBRANDES US VALUE0.90%$3M82.1K
32OAKMHARRIS OAKMARK ETF TRUSTOAKMARK U S LRG0.88%$3M107.2K
33BKRBAKER HUGHES COMPANYCL A0.79%$3M43.9K
34TERTERADYNE INCCOM0.79%$3M9.0K
35AMZNAMAZON COM INCCOM0.73%$2M11.9K
36TEVATEVA PHARMACEUTICAL INDS LTDSPONSORED ADS0.70%$2M78.5K
37OXYOCCIDENTAL PETE CORPCOM0.67%$2M34.9K
38HOODROBINHOOD MKTS INCCOM CL A0.66%$2M32.0K
39LLYLILLY ELI & COCOM0.60%$2M2.2K
40BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.51%$2M13.8K
41NTRANATERA INCCOM0.47%$2M8.0K
42TTWOTAKE-TWO INTERACTIVE SOFTWARCOM0.44%$1M7.5K
43FBTCFIDELITY WISE ORIGIN BITCOINSHS0.35%$1M20.0K
44RDDTREDDIT INCCL A0.32%$1M8.0K
45PPTAPERPETUA RESOURCES CORPCOM0.31%$1M37.5K
46SKMSK TELECOM CO LTDSPONSORED ADR0.28%$952,00032.5K
47SOLSSOLSTICE ADVANCED MATLS INCCOM SHS0.28%$952,00012.5K
48VOLATILITY SHS TR2X ETHER ETF NEW0.26%$894,00040.0K
49ALNTALLIENT INCCOM0.25%$827,00014.0K
50MITKMITEK SYS INCCOM NEW0.24%$810,00060.0K
51NUGTDIREXION SHARES ETF TRUSTDAILY GOLD MINER0.22%$753,0004.0K
52XLUSELECT SECTOR SPDR TRSTATE STREET UTI0.19%$642,00014.0K
53SBSCOMPANHIA DE SANEAMENTO BASISPONSORED ADR0.18%$597,00019.6K
54SRTYPROSHARES TRULTRAPRO SHRT RU0.15%$497,00012.5K
55COHRCOHERENT CORPCOM0.14%$476,0002.0K
56ECHOECHOSTAR CORPCL A0.14%$468,0004.0K
57CLSCELESTICA INCCOM0.13%$423,0001.5K
58MARAMARA HOLDINGS INCCOM0.12%$408,00050.0K
59ENSENERSYSCOM0.11%$386,0002.2K
60RGLDROYAL GOLD INCCOM0.11%$382,0001.5K
61EQTEQT CORPCOM0.11%$382,0006.0K
62MUSAMURPHY USA INCCOM0.11%$375,000760
63AEHRAEHR TEST SYSCOM0.11%$371,00010.0K
64CWCURTISS WRIGHT CORPCOM0.10%$341,000500
65BEBLOOM ENERGY CORPCOM CL A0.09%$305,0002.3K
66XPEVXPENG INCADS0.08%$257,00015.0K
67TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.07%$237,000700
68NKENIKE INCCL B0.07%$225,0004.3K
69NTESNETEASE COM INCSPONSORED ADS0.07%$224,0002.0K
70CRKCOMSTOCK RES INCCOM0.06%$211,00010.0K
71RRXREGAL BELOIT CORPCOM0.06%$187,0001.0K
72MELIMERCADOLIBRE INCCOM0.05%$173,000100
73DISDISNEY WALT COCOM0.05%$169,0001.7K
74MLIMUELLER INDS INCCOM0.05%$164,0001.5K
75VVXVECTRUS INCCOM0.05%$154,0002.3K
76EQIXEQUINIX INCCOM0.04%$147,000150
77TICACUREN CORPCOM0.04%$138,00021.0K
78ULTAULTA BEAUTY INCCOM0.04%$136,000260
79NXTNEXTPOWER INCCLASS A COM0.04%$136,0001.1K
80VTIVANGUARD INDEX FDSTOTAL STK MKT0.04%$128,000400
81ETHEGRAYSCALE ETHEREUM STAKING ESHS0.04%$119,0007.0K
82ALSNALLISON TRANSMISSION HLDGS ICOM0.03%$117,0001.0K
83ATENA10 NETWORKS INCCOM0.03%$116,0005.0K
84AKAMAKAMAI TECHNOLOGIES INCCOM0.03%$115,0001.0K
85REGNREGENERON PHARMACEUTICALSCOM0.03%$110,000142
86TXTTEXTRON INCCOM0.03%$100,0001.1K
87AMKRAMKOR TECHNOLOGY INCCOM0.03%$90,0002.0K
88DLRDIGITAL RLTY TR INCCOM0.03%$90,000500
89ELANELANCO ANIMAL HEALTH INCCOM0.03%$89,0003.7K
90OIIOCEANEERING INTL INCCOM0.03%$89,0002.5K
91LASRNLIGHT INCCOM0.03%$86,0001.5K
92MODMODINE MFG COCOM0.03%$85,000390
93XBISPDR SERIES TRUSTSTATE STREET SPD0.02%$81,000635
94BLBDBLUE BIRD CORPCOM0.02%$77,0001.4K
95OSSONE STOP SYS INCCOM0.02%$76,00010.0K
96IRMDIRADIMED CORPCOM0.02%$76,000790
97DVADAVITA INCCOM0.02%$75,000490
98GMGENERAL MTRS COCOM0.02%$73,000980
99GOLDA-MARK PRECIOUS METALS INCCOM0.02%$69,0001.7K
100ILMNILLUMINA INCCOM0.02%$63,000515

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$337M106May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$346M91Feb 2, 202613F-HRchanges · EDGAR ↗
Q3 2025$332M98Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$240M90Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$215M84May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$227M105Jan 30, 202513F-HRchanges · EDGAR ↗
Q3 2024$209M79Oct 17, 202413F-HRchanges · EDGAR ↗
Q2 2024$183M81Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$167M74May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$185M69Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$180M79Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$217M86Aug 2, 202313F-HRchanges · EDGAR ↗
Q1 2023$207M93May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$213M94Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$216M92Oct 19, 202213F-HRchanges · EDGAR ↗
Q2 2022$284M97Jul 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$322M111Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$311M100Jan 27, 202213F-HRchanges · EDGAR ↗
Q3 2021$299M82Oct 21, 202113F-HRchanges · EDGAR ↗
Q2 2021$298M104Jul 22, 202113F-HRchanges · EDGAR ↗
Q1 2021$265M121May 3, 202113F-HRchanges · EDGAR ↗
Q4 2020$252M106Jan 28, 202113F-HRchanges · EDGAR ↗
Q3 2020$230M105Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$148M73Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$107M83May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$137M95Jan 17, 202013F-HRchanges · EDGAR ↗
Q3 2019$136M94Oct 31, 201913F-HRchanges · EDGAR ↗
Q2 2019$133M98Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$145M106Apr 18, 201913F-HRchanges · EDGAR ↗
Q4 2018$129M86Jan 29, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.