SEC 13F Intelligence

Managers / Q1 2026

First Growth Capital LLC

CIK 0002112081 · 7514 SLADE AVENUE, PIKESVILLE, MD, 21208 · 2024742269

Reported Value
$111M
Q1 2026
Positions
129
Filings on Record
2
2019–present window
Filed
May 4, 2026
original filing

Summary

First Growth Capital LLC reported $111M in U.S.-listed holdings across 129 positions for Q1 2026.

Its largest position, VRT, represents 17.1% of the portfolio.

Compared with Q4 2025, the fund opened 9 new positions and exited 2.

Portfolio Metrics

Turnover
+6.3%
vs prior filed quarter
Top-10 Concentration
+41.1%
share of reported value
Largest Position
+17.1%
Vertiv
New / Exited
9 / 2
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. 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 ’25: $113MQ4 ’25Q1 ’26: $111MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 52.4%ETP: 44.6%ADR: 1.8%Other: 0.6%Closed-End Fund: 0.6%
  • Common Stock · 52.4% · $58M
  • ETP · 44.6% · $49M
  • ADR · 1.8% · $2M
  • Other · 0.6% · $675,182
  • Closed-End Fund · 0.6% · $650,022

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BLACKROCK ETF TRUST IINEW+14.3K14.3K+$738,824$738,824
ECLECOLAB INCNEW+2.4K2.4K+$656,330$656,330
VEEVVEEVA SYS INCNEW+2.7K2.7K+$471,407$471,407
VANGUARD WHITEHALL FDSNEW+4.2K4.2K+$275,454$275,454
VANECK ETF TRUSTNEW+5.3K5.3K+$215,918$215,918
LNGCHENIERE ENERGY INCNEW+774774+$213,433$213,433
MRVLMARVELL TECHNOLOGY INCNEW+2.0K2.0K+$213,420$213,420
AEPAMERICAN ELEC PWR CO INCNEW+1.6K1.6K+$213,305$213,305

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

Holdings — Q1 2026

40 positions
#IssuerClass% PortfolioValueShares
1VRTVERTIV HOLDINGS COhistory →COM CL A17.11%$19M73.2K
2ISHARES TRCORE S&P500 ETF · MSCI AC ASIA ETF · EUROPE ETF · MSCI INDIA ETF10.70%$12M52.3K
3SCHWAB STRATEGIC TRUS LRG CAP ETF · US SML CAP ETF · US DIVIDEND EQ · US MID-CAP ETF7.59%$8M293.8K
4VANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · EXTEND MKT ETF3.29%$4M11.3K
5NDQINVESCO QQQ TRhistory →UNIT SER 12.35%$3M4.5K
6COLUMBIA ETF TR IRESH ENHNC COR1.97%$2M55.7K
7AAPLAPPLE INChistory →COM1.82%$2M7.9K
8MSFTMICROSOFT CORPhistory →COM1.76%$2M5.3K
9SPDR SERIES TRUSTSTATE STREET SPD1.68%$2M10.2K
10GPGIGPGI INChistory →COM CL A1.50%$2M97.2K
11COHRCOHERENT CORPhistory →COM1.33%$1M6.0K
12PHPARKER-HANNIFIN CORPhistory →COM1.21%$1M1.5K
13NFLXNETFLIX INC.history →COM1.14%$1M13.2K
14WWDWOODWARD INChistory →COM1.03%$1M3.0K
15PIMCO EQUITY SERRAFI DYN ML US1.01%$1M19.2K
16PIMCO ETF TRACTIVE BD ETF0.98%$1M11.8K
17FIRST TR EXCHANGE-TRADED FDNASDQ CLN EDGE0.93%$1M6.2K
18RTXRTX CORPORATIONCOM0.89%$988,7885.1K
19DYHTARGET CORPCOM0.88%$979,6208.1K
20NVONOVO-NORDISK A SADR0.88%$973,50526.7K
21CATCATERPILLAR INCCOM0.86%$948,6861.3K
22IAU*ISHARES GOLD TRISHARES NEW0.82%$906,66510.1K
23CHVCHEVRON CORPORATIONCOM0.80%$892,0964.5K
24INVESCO ACTIVELY MANAGED EXCS&P500 DOWNSID0.79%$877,67323.1K
25YPF SOCIEDAD ANONIMASPON ADR CL D0.74%$823,59018.6K
26VANGUARD WORLD FDINF TECH ETF0.72%$793,5681.1K
27STATE STR SPDR S&P 500 ETF TTR UNIT0.67%$746,3181.1K
28VANGUARD SPECIALIZED FUNDSDIV APP ETF0.67%$739,4183.4K
29BLACKROCK ETF TRUST IIISHARES FLEXIBLE0.67%$738,82414.3K
30AMGNAMGEN INCCOM0.66%$735,8872.1K
31NVDANVIDIA CORPORATIONCOM0.64%$713,2544.1K
32GOOGLALPHABET INCCAP STK CL A0.62%$686,1062.3K
33MRKMERCK & CO INCCOM0.61%$680,5045.6K
34COSTCOSTCO WHOLESALE CORPORATIONCOM0.61%$673,675676
35INTCINTEL CORPCOM0.59%$656,76213.7K
36ECLECOLAB INCCOM0.59%$656,3302.4K
37PDIPIMCO DYNAMIC INCOME FDSHS0.59%$650,02237.3K
38INVESCO EXCH TRADED FD TR IIS&P SMLCP INFO0.55%$611,22610.0K
39LITMAN GREGORY FDS TRIMGP DBI MANAGED0.55%$606,50720.1K
40JNJJOHNSON & JOHNSONCOM0.54%$600,9602.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$111M129May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$113M121Feb 19, 202613F-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 ↗.