Eagle Capital Management (Ravenel B. Curry III) latest 13F portfolio: 60 holdings worth $29.8B as of Q1 2026.
Backtested since 2020: mirroring Eagle Capital Management's reported 13F equity holdings each quarter would have returned +202.4% versus +180.1%for the S&P 500 (+19.5% annualized). See the Performance tab for the full equity curve.
Investor: Ravenel B. Curry III
Number of Assets: 60
Reporting Period: Q1 - 2026
Holdings at Report: $29,822,192,132
Return $ Since Report: +$3,894,231,200
Return % Since Report: +13.06%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Echostar Corp. (SATS) | Equity | 0% | 24,887 | 0.01% | $117.07 | $103.92 | $2,913,521 | $2,586,133 | -$327,388 | -11.24% |
| Alphabet Inc. (GOOG) | Equity | -3.49% | 4,596,553 | 4.42% | $286.86 | $372.47 | $1,318,567,169 | $1,712,078,096 | +$393,510,927 | +29.84% |
| Amazon.com Inc. (AMZN) | Equity | -1.84% | 11,753,916 | 8.21% | $208.27 | $284.02 | $2,447,988,185 | $3,338,347,222 | +$890,359,037 | +36.37% |
| W. R. Berkley Corp. (WRB) | Equity | 0% | 123,547 | 0.03% | $66.28 | $72.09 | $8,188,695 | $8,906,503 | +$717,808 | +8.77% |
| Capital One Financial Corp. (COF) | Equity | -2.23% | 6,566,595 | 4.02% | $182.43 | $217.68 | $1,197,943,983 | $1,429,416,400 | +$231,472,417 | +19.32% |
| Aon PLC (AON) | Equity | -79.58% | 463,350 | 0.50% | $322.78 | $357.63 | $149,560,031 | $165,707,861 | +$16,147,830 | +10.80% |
| Hilton Worldwide Holdings Inc. (HLT) | Equity | -97.95% | 37,447 | 0.04% | $304.08 | $314.34 | $11,386,884 | $11,771,090 | +$384,206 | +3.37% |
| ASML Holding N.V. (ASML) | Equity | -48.10% | 433,446 | 1.92% | $1,320.83 | $1,642.52 | $572,508,122 | $711,943,724 | +$139,435,602 | +24.36% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | 0% | 50,820 | 0.08% | $479.20 | $513.14 | $24,352,944 | $26,077,775 | +$1,724,831 | +7.08% |
| Arthur J. Gallagher & Co. (AJG) | Equity | +100% | 2,665,572 | 1.94% | $216.58 | $247.79 | $577,309,518 | $660,502,086 | +$83,192,568 | +14.41% |
| The Goldman Sachs Group Inc. (GS) | Equity | 0% | 6,989 | 0.02% | $845.99 | $1,027.06 | $5,912,624 | $7,178,122 | +$1,265,498 | +21.40% |
| Aercap Holdings N.V. (AER) | Equity | -28.07% | 7,315,306 | 3.36% | $137.18 | $153.65 | $1,003,513,665 | $1,123,996,767 | +$120,483,102 | +12.01% |
| Alcoa Corp. (AA) | Equity | -11.61% | 14,097,362 | 3.14% | $66.33 | $44.84 | $935,078,008 | $632,125,712 | -$302,952,296 | -32.40% |
| Alphabet Inc. (GOOGL) | Equity | +6.60% | 958,264 | 0.92% | $287.56 | $373.51 | $275,558,396 | $357,921,187 | +$82,362,791 | +29.89% |
| Citigroup Inc. (C) | Equity | 0% | 41,076 | 0.02% | $113.41 | $133.57 | $4,658,429 | $5,486,521 | +$828,092 | +17.78% |
| Comcast Corp. (CMCSA) | Equity | -5.85% | 37,575,087 | 3.62% | $28.71 | $24.56 | $1,078,780,757 | $922,844,137 | -$155,936,620 | -14.45% |
| ConocoPhillips (COP) | Equity | -4.69% | 18,910,677 | 8.37% | $132.00 | $119.16 | $2,496,209,428 | $2,253,396,271 | -$242,813,157 | -9.73% |
| Danaher Corp. (DHR) | Equity | +6.73% | 6,575,159 | 4.18% | $189.60 | $197.50 | $1,246,650,156 | $1,298,593,903 | +$51,943,746 | +4.17% |
| Ecolab Inc. (ECL) | Equity | -0.16% | 22,436 | 0.02% | $266.02 | $279.43 | $5,968,425 | $6,269,291 | +$300,866 | +5.04% |
| Elevance Health Inc. (ELV) | Equity | +2.96% | 1,548,610 | 1.52% | $292.75 | $382.77 | $453,355,469 | $592,761,450 | +$139,405,981 | +30.75% |
| EQT Corp. (EQT) | Equity | +100% | 3,659,954 | 0.78% | $63.64 | $53.56 | $232,919,473 | $196,027,136 | -$36,892,337 | -15.84% |
| GE Aerospace (GE) | Equity | 0% | 40,898 | 0.04% | $283.77 | $368.93 | $11,605,625 | $15,088,499 | +$3,482,874 | +30.01% |
| GE Healthcare Technologies Inc. (GEHC) | Equity | 0% | 12,056 | 0.00% | $71.18 | $69.73 | $858,146 | $840,665 | -$17,481 | -2.04% |
| GE Vernova Inc. (GEV) | Equity | -12.59% | 24,401 | 0.07% | $872.90 | $1,006.76 | $21,299,633 | $24,565,951 | +$3,266,318 | +15.34% |
| Humana Inc. (HUM) | Equity | -8.83% | 2,967,074 | 1.73% | $173.39 | $374.50 | $514,460,967 | $1,111,169,213 | +$596,708,246 | +115.99% |
| Martin Marietta Materials Inc. (MLM) | Equity | -99.85% | 470 | 0.00% | $588.33 | $542.27 | $276,514 | $254,867 | -$21,647 | -7.83% |
| Charter Communications Inc. (CHTR) | Equity | -10.24% | 149,460 | 0.11% | $215.88 | $144.10 | $32,265,425 | $21,537,186 | -$10,728,239 | -33.25% |
| The Estée Lauder Companies Inc. (EL) | Equity | -9.13% | 7,932,601 | 1.91% | $71.77 | $84.68 | $569,322,774 | $671,732,653 | +$102,409,879 | +17.99% |
| Lennar Corp. (LEN) | Equity | -0.96% | 10,880,455 | 3.17% | $86.84 | $85.20 | $944,858,753 | $927,014,766 | -$17,843,987 | -1.89% |
| Liberty Broadband Corp. (LBRDK) | Equity | +5.41% | 6,699,546 | 1.13% | $50.30 | $33.86 | $336,987,140 | $226,846,628 | -$110,140,512 | -32.68% |
| Liberty Broadband Corp. (LBRDA) | Equity | -1.06% | 270,782 | 0.05% | $50.22 | $33.85 | $13,598,672 | $9,165,971 | -$4,432,701 | -32.60% |
| Lyondellbasell Industries N.V. (LYB) | Equity | +100% | 4,395 | 0.00% | $80.56 | $60.62 | $354,061 | $266,425 | -$87,636 | -24.75% |
| Marriott International Inc. (MAR) | Equity | 0% | 18,811 | 0.02% | $327.07 | $346.83 | $6,152,514 | $6,524,219 | +$371,705 | +6.04% |
| Mastercard Inc. (MA) | Equity | +100% | 624,540 | 1.05% | $499.66 | $570.97 | $312,057,545 | $356,593,604 | +$44,536,059 | +14.27% |
| Mercadolibre Inc. (MELI) | Equity | +90.97% | 785,937 | 4.56% | $1,729.02 | $1,898.79 | $1,358,900,832 | $1,492,329,316 | +$133,428,484 | +9.82% |
| Shell PLC (SHEL) | Equity | -31.74% | 5,308,706 | 1.66% | $93.00 | $91.08 | $493,709,684 | $483,516,942 | -$10,192,742 | -2.06% |
| PTC Inc. (PTC) | Equity | -70.38% | 731,625 | 0.35% | $142.49 | $139.86 | $104,249,314 | $102,321,414 | -$1,927,900 | -1.85% |
| Pultegroup Inc. (PHM) | Equity | +15.87% | 154,556 | 0.06% | $117.61 | $129.29 | $18,177,331 | $19,982,545 | +$1,805,214 | +9.93% |
| SPDR S&P 500 ETF Trust (SPY) | Equity | -89.22% | 28,285 | 0.06% | $650.33 | $757.67 | $18,394,577 | $21,430,696 | +$3,036,119 | +16.51% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | -1.65% | 4,878,275 | 5.53% | $337.95 | $406.11 | $1,648,613,157 | $1,981,116,260 | +$332,503,103 | +20.17% |
| Visa Inc. (V) | Equity | -2.81% | 3,671 | 0.00% | $302.24 | $365.67 | $1,109,523 | $1,342,375 | +$232,852 | +20.99% |
| Vulcan Materials Company (VMC) | Equity | -94.10% | 41,681 | 0.04% | $272.30 | $283.59 | $11,349,736 | $11,820,315 | +$470,579 | +4.15% |
| Wells Fargo & Company (WFC) | Equity | -9.66% | 86,972 | 0.02% | $79.61 | $87.89 | $6,923,841 | $7,643,969 | +$720,128 | +10.40% |
| Workday Inc. (WDAY) | Equity | +14.94% | 8,707,006 | 3.79% | $129.92 | $165.05 | $1,131,214,250 | $1,437,091,340 | +$305,877,090 | +27.04% |
| International Business Machines Corp. (IBM) | Equity | 0% | 2,700 | 0.00% | $242.39 | $226.31 | $654,453 | $611,037 | -$43,416 | -6.63% |
| Intuit Inc. (INTU) | Equity | +330.74% | 2,321,165 | 3.37% | $432.38 | $318.39 | $1,003,625,410 | $739,035,724 | -$264,589,686 | -26.36% |
| Ishares Russell 1000 Value ETF (IWD) | Equity | -98.15% | 7,759 | 0.01% | $213.66 | $254.24 | $1,657,821 | $1,972,648 | +$314,827 | +18.99% |
| JP Morgan Chase & Co. (JPM) | Equity | 0% | 1,109 | 0.00% | $294.16 | $352.64 | $326,223 | $391,078 | +$64,855 | +19.88% |
| Oracle Corp. (ORCL) | Equity | 0% | 20,000 | 0.01% | $147.11 | $141.85 | $2,942,200 | $2,837,000 | -$105,200 | -3.58% |
| SAP SE (SAP) | Equity | +89.42% | 7,848,603 | 4.51% | $171.21 | $189.65 | $1,343,759,297 | $1,488,487,559 | +$144,728,262 | +10.77% |
| Woodward Inc. (WWD) | Equity | -42.85% | 2,464,338 | 2.96% | $357.92 | $363.57 | $882,035,921 | $895,959,367 | +$13,923,446 | +1.58% |
| Meta Platforms Inc. (META) | Equity | +8.69% | 1,315,597 | 2.52% | $572.13 | $590.24 | $752,692,236 | $776,517,973 | +$23,825,737 | +3.17% |
| Microsoft Corp. (MSFT) | Equity | +2.88% | 4,005,305 | 4.97% | $370.17 | $487.65 | $1,482,643,885 | $1,953,186,983 | +$470,543,098 | +31.74% |
| Morgan Stanley (MS) | Equity | 0% | 79,588 | 0.04% | $164.57 | $211.23 | $13,097,797 | $16,811,373 | +$3,713,576 | +28.35% |
| Netflix Inc. (NFLX) | Equity | +8423.31% | 5,350,422 | 1.73% | $96.15 | $73.33 | $514,443,039 | $392,346,445 | -$122,096,594 | -23.73% |
| S&P Global Inc. (SPGI) | Equity | +100% | 1,425,311 | 2.03% | $425.34 | $416.25 | $606,241,854 | $593,285,704 | -$12,956,150 | -2.14% |
| SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) | Equity | -70.19% | 262,612 | 0.08% | $91.64 | $91.42 | $24,065,737 | $24,007,989 | -$57,748 | -0.24% |
| The Travelers Companies Inc. (TRV) | Equity | 0% | 6,900 | 0.01% | $291.68 | $373.82 | $2,012,592 | $2,579,358 | +$566,766 | +28.16% |
| UnitedHealth Group Inc. (UNH) | Equity | +2.79% | 5,859,325 | 5.32% | $270.59 | $415.36 | $1,585,474,628 | $2,433,729,232 | +$848,254,604 | +53.50% |
| Vanguard S&P 500 ETF (VOO) | Equity | -87.03% | 762 | 0.00% | $597.30 | $696.40 | $455,143 | $530,657 | +$75,514 | +16.59% |