Eagle Capital Management (Ravenel B. Curry III) latest 13F portfolio: 56 holdings worth $32.7B as of Q2 2026.
Backtested since 2020: mirroring Eagle Capital Management's reported 13F equity holdings each quarter would have returned +205.0% versus +182.3%for the S&P 500 (+19.2% annualized). See the Performance tab for the full equity curve.
Investor: Ravenel B. Curry III
Number of Assets: 56
Reporting Period: Q2 - 2026
Holdings at Report: $32,747,808,496
Return $ Since Report: +$2,416,322,870
Return % Since Report: +7.38%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Aon PLC (AON) | Equity | -90.29% | 44,973 | 0.05% | $331.69 | $295.64 | $14,917,031 | $13,295,818 | -$1,621,213 | -10.87% |
| Charter Communications Inc. (CHTR) | Equity | +1064.07% | 1,739,813 | 0.76% | $142.21 | $128.17 | $247,418,756 | $222,991,832 | -$24,426,924 | -9.87% |
| Elevance Health Inc. (ELV) | Equity | -3.69% | 1,491,409 | 1.76% | $386.73 | $410.95 | $576,772,638 | $612,894,529 | +$36,121,891 | +6.26% |
| Lennar Corp. (LEN) | Equity | -1.78% | 10,686,983 | 2.95% | $90.49 | $76.43 | $967,065,071 | $816,806,111 | -$150,258,960 | -15.54% |
| Mercadolibre Inc. (MELI) | Equity | +79.02% | 1,406,953 | 7.29% | $1,697.39 | $1,787.39 | $2,388,148,492 | $2,514,773,723 | +$126,625,231 | +5.30% |
| Oracle Corp. (ORCL) | Equity | 0% | 20,000 | 0.01% | $146.55 | $147.61 | $2,931,000 | $2,952,200 | +$21,200 | +0.72% |
| UnitedHealth Group Inc. (UNH) | Equity | -1.47% | 5,773,026 | 7.33% | $415.63 | $376.90 | $2,399,442,912 | $2,175,853,499 | -$223,589,413 | -9.32% |
| Workday Inc. (WDAY) | Equity | +30.05% | 11,323,681 | 4.23% | $122.42 | $193.87 | $1,386,245,000 | $2,195,322,035 | +$809,077,035 | +58.36% |
| Liberty Broadband Corp. (LBRDK) | Equity | -1.72% | 6,584,398 | 0.67% | $33.26 | $36.02 | $218,997,069 | $237,170,016 | +$18,172,947 | +8.30% |
| Aercap Holdings N.V. (AER) | Equity | -91.18% | 645,370 | 0.29% | $145.78 | $141.64 | $94,082,008 | $91,410,207 | -$2,671,801 | -2.84% |
| ASML Holding N.V. (ASML) | Equity | -13.73% | 373,914 | 2.27% | $1,989.44 | $1,679.92 | $743,880,300 | $628,145,607 | -$115,734,693 | -15.56% |
| ConocoPhillips (COP) | Equity | -7.58% | 17,477,615 | 5.55% | $103.96 | $131.83 | $1,816,972,855 | $2,304,073,985 | +$487,101,130 | +26.81% |
| Alcoa Corp. (AA) | Equity | -15.73% | 11,879,807 | 1.89% | $52.14 | $44.43 | $619,413,127 | $527,819,825 | -$91,593,302 | -14.79% |
| Amazon.com Inc. (AMZN) | Equity | -3.27% | 11,369,869 | 8.28% | $238.34 | $253.71 | $2,709,894,658 | $2,884,649,464 | +$174,754,806 | +6.45% |
| Alphabet Inc. (GOOGL) | Equity | -12.49% | 838,532 | 0.92% | $357.37 | $349.54 | $299,666,181 | $293,100,475 | -$6,565,706 | -2.19% |
| W. R. Berkley Corp. (WRB) | Equity | 0% | 123,547 | 0.03% | $70.53 | $69.99 | $8,713,770 | $8,647,055 | -$66,715 | -0.77% |
| Comcast Corp. (CMCSA) | Equity | -99.29% | 268,122 | 0.02% | $24.55 | $22.74 | $6,582,407 | $6,097,094 | -$485,313 | -7.37% |
| Arthur J. Gallagher & Co. (AJG) | Equity | +83.47% | 4,890,612 | 3.43% | $229.57 | $239.48 | $1,122,737,692 | $1,171,203,762 | +$48,466,070 | +4.32% |
| GE Vernova Inc. (GEV) | Equity | -21.66% | 19,116 | 0.07% | $1,174.86 | $940.33 | $22,458,624 | $17,975,348 | -$4,483,276 | -19.96% |
| Alphabet Inc. (GOOG) | Equity | -12.25% | 4,033,340 | 4.35% | $353.33 | $344.41 | $1,425,100,067 | $1,389,122,629 | -$35,977,438 | -2.52% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | -34.63% | 33,220 | 0.05% | $500.39 | $509.77 | $16,622,956 | $16,934,559 | +$311,603 | +1.87% |
| GE Aerospace (GE) | Equity | -17.32% | 33,816 | 0.04% | $373.73 | $314.27 | $12,638,054 | $10,627,354 | -$2,010,700 | -15.91% |
| Capital One Financial Corp. (COF) | Equity | -2.58% | 6,397,170 | 3.92% | $200.62 | $202.43 | $1,283,400,197 | $1,294,979,123 | +$11,578,926 | +0.90% |
| Citigroup Inc. (C) | Equity | 0% | 41,076 | 0.02% | $139.96 | $131.77 | $5,748,997 | $5,412,585 | -$336,412 | -5.85% |
| EQT Corp. (EQT) | Equity | +319.59% | 15,356,952 | 2.49% | $53.17 | $50.00 | $816,529,156 | $767,847,600 | -$48,681,556 | -5.96% |
| Danaher Corp. (DHR) | Equity | +42.38% | 9,361,490 | 5.45% | $190.48 | $211.81 | $1,783,176,557 | $1,982,857,197 | +$199,680,640 | +11.20% |
| Ecolab Inc. (ECL) | Equity | 0% | 22,436 | 0.02% | $278.61 | $269.46 | $6,250,894 | $6,045,605 | -$205,289 | -3.28% |
| GE Healthcare Technologies Inc. (GEHC) | Equity | -9.01% | 10,970 | 0.00% | $64.01 | $64.13 | $702,190 | $703,506 | +$1,316 | +0.19% |
| The Goldman Sachs Group Inc. (GS) | Equity | -94.02% | 418 | 0.00% | $1,011.37 | $942.00 | $422,753 | $393,756 | -$28,997 | -6.86% |
| Humana Inc. (HUM) | Equity | +29.65% | 3,846,762 | 4.67% | $397.22 | $386.22 | $1,528,010,749 | $1,485,696,420 | -$42,314,329 | -2.77% |
| Intuit Inc. (INTU) | Equity | +28.12% | 2,973,884 | 2.37% | $261.00 | $303.19 | $776,183,703 | $901,651,890 | +$125,468,187 | +16.16% |
| Marriott International Inc. (MAR) | Equity | -14.46% | 16,091 | 0.02% | $370.59 | $338.92 | $5,963,164 | $5,453,562 | -$509,602 | -8.55% |
| Meta Platforms Inc. (META) | Equity | -1.96% | 1,289,767 | 2.22% | $563.29 | $665.75 | $726,512,951 | $858,662,380 | +$132,149,429 | +18.19% |
| SAP SE (SAP) | Equity | +10.09% | 8,640,615 | 4.07% | $154.11 | $209.45 | $1,331,605,148 | $1,809,776,812 | +$478,171,664 | +35.91% |
| SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) | Equity | -75.95% | 63,163 | 0.02% | $91.64 | $91.55 | $5,788,257 | $5,782,573 | -$5,684 | -0.10% |
| Vanguard S&P 500 ETF (VOO) | Equity | +124.15% | 1,708 | 0.00% | $686.92 | $701.78 | $1,173,258 | $1,198,640 | +$25,382 | +2.16% |
| Liberty Broadband Corp. (LBRDA) | Equity | -1.14% | 267,693 | 0.03% | $33.28 | $35.99 | $8,908,823 | $9,634,271 | +$725,448 | +8.14% |
| Hilton Worldwide Holdings Inc. (HLT) | Equity | -34.33% | 24,591 | 0.02% | $330.46 | $305.73 | $8,126,342 | $7,518,206 | -$608,136 | -7.48% |
| International Business Machines Corp. (IBM) | Equity | 0% | 2,700 | 0.00% | $281.21 | $229.55 | $759,267 | $619,785 | -$139,482 | -18.37% |
| Ishares Russell 1000 Value ETF (IWD) | Equity | +242.45% | 26,571 | 0.02% | $242.43 | $251.70 | $6,441,682 | $6,687,921 | +$246,239 | +3.82% |
| S&P Global Inc. (SPGI) | Equity | +185.39% | 4,067,628 | 5.06% | $407.26 | $405.32 | $1,656,582,354 | $1,648,690,981 | -$7,891,373 | -0.48% |
| Shell PLC (SHEL) | Equity | -97.53% | 131,024 | 0.03% | $77.54 | $94.54 | $10,159,601 | $12,387,009 | +$2,227,408 | +21.92% |
| SPDR S&P 500 ETF Trust (SPY) | Equity | +129.95% | 65,042 | 0.15% | $746.77 | $761.69 | $48,571,436 | $49,541,841 | +$970,405 | +2.00% |
| JP Morgan Chase & Co. (JPM) | Equity | 0% | 1,109 | 0.00% | $327.33 | $349.67 | $363,009 | $387,784 | +$24,775 | +6.82% |
| Morgan Stanley (MS) | Equity | -3.88% | 76,500 | 0.05% | $209.04 | $202.58 | $15,991,560 | $15,497,370 | -$494,190 | -3.09% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | -9.32% | 4,423,550 | 6.45% | $477.57 | $434.67 | $2,112,554,949 | $1,922,784,479 | -$189,770,471 | -8.98% |
| Wells Fargo & Company (WFC) | Equity | -21.65% | 68,144 | 0.02% | $82.64 | $86.12 | $5,631,420 | $5,868,561 | +$237,141 | +4.21% |
| The Estée Lauder Companies Inc. (EL) | Equity | +13.58% | 9,010,180 | 2.17% | $78.95 | $93.43 | $711,353,742 | $841,821,117 | +$130,467,375 | +18.34% |
| Mastercard Inc. (MA) | Equity | +329.50% | 2,682,370 | 4.21% | $513.60 | $565.24 | $1,377,665,239 | $1,516,182,819 | +$138,517,580 | +10.05% |
| Microsoft Corp. (MSFT) | Equity | -7.19% | 3,717,490 | 4.23% | $373.02 | $493.78 | $1,386,698,004 | $1,835,622,212 | +$448,924,208 | +32.37% |
| The Travelers Companies Inc. (TRV) | Equity | 0% | 6,900 | 0.01% | $330.12 | $374.62 | $2,277,828 | $2,584,878 | +$307,050 | +13.48% |
| Visa Inc. (V) | Equity | -68.40% | 1,160 | 0.00% | $343.09 | $368.29 | $397,984 | $427,216 | +$29,232 | +7.35% |
| Netflix Inc. (NFLX) | Equity | -98.87% | 60,230 | 0.01% | $71.40 | $71.79 | $4,300,441 | $4,323,912 | +$23,471 | +0.55% |
| PTC Inc. (PTC) | Equity | -98.55% | 10,626 | 0.00% | $113.61 | $135.89 | $1,207,220 | $1,443,967 | +$236,747 | +19.61% |
| Woodward Inc. (WWD) | Equity | -98.56% | 35,547 | 0.05% | $425.43 | $321.74 | $15,122,923 | $11,436,892 | -$3,686,031 | -24.37% |
| Echostar Corp. (SATS) | Equity | 0% | 24,887 | 0.01% | $101.50 | $94.08 | $2,526,030 | $2,341,369 | -$184,661 | -7.31% |