Texas Capital Bank Wealth Management Services Inc 13F annual report

Texas Capital Bank Wealth Management Services Inc is an investment fund managing more than $962 billion ran by David Lucas. There are currently 161 companies in Mr. Lucas’s portfolio. The largest investments include Vanguard Index Fds and NVIDIA Corp, together worth $405 billion.

$962 billion Assets Under Management (AUM)

As of 8th August 2024, Texas Capital Bank Wealth Management Services Inc’s top holding is 743,920 shares of Vanguard Index Fds currently worth over $339 billion and making up 35.2% of the portfolio value. In addition, the fund holds 534,987 shares of NVIDIA Corp worth $66.1 billion, whose value fell 83.7% in the past six months. The third-largest holding is Ishares Tr worth $138 billion and the next is Apple Inc worth $27 billion, with 128,030 shares owned.

Currently, Texas Capital Bank Wealth Management Services Inc's portfolio is worth at least $962 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Texas Capital Bank Wealth Management Services Inc

The Texas Capital Bank Wealth Management Services Inc office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, David Lucas serves as the Risk and Compliance Group Manager at Texas Capital Bank Wealth Management Services Inc.

Recent trades

In the most recent 13F filing, Texas Capital Bank Wealth Management Services Inc revealed that it had opened a new position in Novo-nordisk A S and bought 11,380 shares worth $1.62 billion.

The investment fund also strengthened its position in Vanguard Index Fds by buying 33,109 additional shares. This makes their stake in Vanguard Index Fds total 743,920 shares worth $339 billion.

On the other hand, there are companies that Texas Capital Bank Wealth Management Services Inc is getting rid of from its portfolio. Texas Capital Bank Wealth Management Services Inc closed its position in Magnolia Oil & Gas Corp on 15th August 2024. It sold the previously owned 188,125 shares for $4.88 billion. David Lucas also disclosed a decreased stake in Ishares Tr by approximately 0.1%. This leaves the value of the investment at $138 billion and 1,710,603 shares.

One of the average hedge funds

The two most similar investment funds to Texas Capital Bank Wealth Management Services Inc are Capital Investment Advisory Services and Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet Ltd. They manage $962 billion and $962 billion respectively.


David Lucas investment strategy

Texas Capital Bank Wealth Management Services Inc’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 14.2% of the total portfolio value. The fund focuses on investments in the United States as 50.3% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 39% of the total holdings value. On the other hand, small-cap stocks make up only 4.3% of the portfolio. The average market cap of the portfolio companies is close to $178 billion.

The complete list of Texas Capital Bank Wealth Management Services Inc trades based on 13F SEC filings

These positions were updated on August 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Vanguard Index Fds
4.66%
743,920
$338,610,959,000 35.21%
NVIDIA Corp
930.66%
534,987
$66,092,304,000 6.87%
Ishares Tr
6.03%
1,710,603
$138,154,515,000 14.36%
Apple Inc
6.05%
128,030
$26,965,633,000 2.80%
Vanguard Tax-managed Fds
2.72%
384,844
$19,018,990,000 1.98%
Spdr S&p 500 Etf Tr
3.83%
27,947
$15,209,316,000 1.58%
Microsoft Corporation
12.97%
29,214
$13,057,129,000 1.36%
Eli Lilly & Co
16.42%
13,885
$12,571,375,000 1.31%
Vanguard World Fd
3.44%
95,112
$18,464,094,000 1.92%
KLA Corp.
0.48%
13,544
$11,167,372,000 1.16%
Lam Research Corp.
0.23%
9,656
$10,281,781,000 1.07%
Costco Whsl Corp New
4.26%
11,697
$9,941,925,000 1.03%
JPMorgan Chase & Co.
7.31%
48,821
$9,874,443,000 1.03%
Deere & Co.
2.81%
25,980
$9,706,763,000 1.01%
Oracle Corp.
2.06%
67,451
$9,524,115,000 0.99%
Starbucks Corp.
4.79%
120,423
$9,374,925,000 0.97%
Home Depot, Inc.
27.63%
27,155
$9,347,960,000 0.97%
Tjx Cos Inc New
2.58%
80,257
$8,836,266,000 0.92%
Vanguard Mun Bd Fds
3.28%
173,426
$8,690,377,000 0.90%
Caterpillar Inc.
1.80%
25,834
$8,605,193,000 0.89%
Intuit Inc
3.15%
12,969
$8,523,179,000 0.89%
NextEra Energy Inc
2.92%
116,951
$8,281,268,000 0.86%
Unitedhealth Group Inc
6.57%
16,134
$8,216,483,000 0.85%
Mastercard Incorporated
4.12%
18,432
$8,131,571,000 0.85%
Morgan Stanley
4.85%
82,842
$8,051,450,000 0.84%
Danaher Corp.
1.99%
32,138
$8,029,620,000 0.83%
Energy Transfer L P
2.89%
492,743
$7,992,291,000 0.83%
Vanguard Admiral Fds Inc
4.72%
79,368
$7,866,162,000 0.82%
Conocophillips
5.35%
64,708
$7,401,324,000 0.77%
Zoetis Inc
7.50%
40,991
$7,106,263,000 0.74%
Dollar Gen Corp New
3.82%
52,937
$6,999,815,000 0.73%
MSCI Inc
5.77%
13,763
$6,630,539,000 0.69%
Prologis Inc
7.11%
57,855
$6,497,707,000 0.68%
Nike, Inc.
7.15%
76,682
$5,779,538,000 0.60%
Magnolia Oil & Gas Corp
Closed
188,125
$4,881,832,000
Amazon.com Inc.
90.72%
24,225
$4,681,481,000 0.49%
Blue Owl Capital Corporation
4.13%
243,837
$3,745,336,000 0.39%
Twilio Inc
150.00%
50,000
$2,840,500,000 0.30%
Ares Capital Corp
4.16%
135,695
$2,827,884,000 0.29%
Sixth Street Specialty Lendi
3.95%
128,694
$2,747,617,000 0.29%
Starwood Ppty Tr Inc
13.05%
141,459
$2,679,233,000 0.28%
DocuSign Inc
400.00%
50,000
$2,675,000,000 0.28%
Alphabet Inc
2.94%
18,519
$3,382,340,000 0.35%
Oaktree Specialty Lending Co
5.11%
108,537
$2,041,581,000 0.21%
Spdr Ser Tr
15.05%
65,922
$2,519,807,000 0.26%
Rivian Automotive, Inc.
50.00%
150,000
$2,013,000,000 0.21%
Dimensional Etf Trust
No change
132,603
$4,823,930,000 0.50%
Kohls Corp
100.00%
80,000
$1,839,200,000 0.19%
PayPal Holdings Inc
2.32%
30,607
$1,776,124,000 0.18%
Proshares Tr Ii
Closed
50,000
$1,650,000,000
Novo-nordisk A S
Opened
11,380
$1,624,381,000 0.17%
Exxon Mobil Corp.
44.93%
13,667
$1,573,313,000 0.16%
Intel Corp.
141.70%
50,785
$1,572,799,000 0.16%
Pfizer Inc.
35.66%
54,870
$1,535,253,000 0.16%
Palo Alto Networks Inc
91.29%
4,350
$1,474,694,000 0.15%
Bank America Corp
125.54%
35,609
$1,416,164,000 0.15%
Snap Inc
Closed
120,000
$1,377,600,000
Verizon Communications Inc
15.39%
32,166
$1,326,520,000 0.14%
Bristol-Myers Squibb Co.
1.04%
31,628
$1,313,511,000 0.14%
Walgreens Boots Alliance Inc
62.67%
101,442
$1,226,941,000 0.13%
Etsy Inc
50.01%
20,000
$1,179,600,000 0.12%
Pennantpark Invt Corp
No change
152,033
$1,147,849,000 0.12%
Vanguard Intl Equity Index F
41.47%
32,400
$1,510,423,000 0.16%
Accenture Plc Ireland
1.69%
3,426
$1,039,504,000 0.11%
Flexshares Tr
34.21%
23,921
$1,834,565,000 0.19%
Procter And Gamble Co
5.06%
6,023
$993,386,000 0.10%
Texas Instrs Inc
17.94%
5,030
$978,580,000 0.10%
Pepsico Inc
6.65%
5,783
$953,863,000 0.10%
Hydrofarm Hldgs Group Inc
No change
1,320,529
$911,165,000 0.09%
Wynn Resorts Ltd.
Opened
10,050
$899,477,000 0.09%
Advanced Micro Devices Inc.
121.73%
5,530
$897,021,000 0.09%
Vanguard Whitehall Fds
No change
7,310
$866,966,000 0.09%
Super Micro Computer Inc
Opened
1,000
$819,350,000 0.09%
Marsh & McLennan Cos., Inc.
4.59%
3,808
$802,431,000 0.08%
Ge Healthcare Technologies I
Opened
10,096
$786,681,000 0.08%
Visa Inc
28.43%
2,814
$738,557,000 0.08%
Johnson & Johnson
25.62%
4,997
$730,410,000 0.08%
Sun Life Financial, Inc.
1.54%
14,621
$716,283,000 0.07%
Meta Platforms Inc
18.50%
1,409
$710,582,000 0.07%
Abbott Labs
267.59%
6,793
$705,886,000 0.07%
Ishares Inc
25.67%
4,744
$699,693,000 0.07%
Blackstone Mtg Tr Inc
20.00%
40,000
$696,800,000 0.07%
AT&T, Inc.
Closed
38,699
$681,097,000
Vanguard Bd Index Fds
0.98%
12,258
$923,537,000 0.10%
SoFi Technologies, Inc.
233.33%
100,000
$661,000,000 0.07%
Stryker Corp.
1.57%
1,941
$660,434,000 0.07%
Berkshire Hathaway Inc.
6.93%
1,574
$1,252,137,000 0.13%
Disney Walt Co
9.66%
6,411
$636,557,000 0.07%
Broadcom Inc.
58.40%
396
$635,905,000 0.07%
Mcdonalds Corp
49.91%
2,406
$613,073,000 0.06%
Texas Cap Bancshares Inc
31.96%
10,016
$612,378,000 0.06%
Ishares Bitcoin Tr
No change
17,567
$599,737,000 0.06%
Stanley Black & Decker Inc
133.16%
7,004
$559,558,000 0.06%
Invesco Exchange Traded Fd T
No change
14,555
$552,362,000 0.06%
Abbvie Inc
21.94%
3,102
$532,063,000 0.06%
Independence Rlty Tr Inc
No change
28,068
$525,994,000 0.05%
Analog Devices Inc.
Opened
2,219
$506,517,000 0.05%
Ishares Tr
Opened
4,444
$504,216,000 0.05%
Tutor Perini Corp
Opened
23,110
$503,336,000 0.05%
Lockheed Martin Corp.
9.92%
1,053
$491,806,000 0.05%
Adobe Inc
8.02%
862
$478,875,000 0.05%
Chevron Corp.
42.04%
3,041
$475,633,000 0.05%
International Business Machs
10.51%
2,660
$460,112,000 0.05%
Automatic Data Processing In
4.29%
1,895
$452,322,000 0.05%
Vanguard Scottsdale Fds
No change
5,424
$444,605,000 0.05%
Thermo Fisher Scientific Inc.
5.38%
774
$428,023,000 0.04%
Spdr S&p Midcap 400 Etf Tr
No change
797
$426,459,000 0.04%
Paramount Global
32.84%
40,331
$419,039,000 0.04%
Lowes Cos Inc
19.76%
1,891
$416,912,000 0.04%
Hershey Company
Closed
2,139
$416,017,000
Direxion Shs Etf Tr
Closed
10,000
$410,100,000
Qualcomm, Inc.
18.93%
2,052
$408,772,000 0.04%
International Paper Co.
Closed
10,141
$395,702,000
Mid-amer Apt Cmntys Inc
Closed
3,000
$394,740,000
Synopsys, Inc.
No change
640
$380,838,000 0.04%
Eaton Vance Tax-managed Buy-
No change
27,530
$376,335,000 0.04%
Workday Inc
12.12%
1,675
$374,463,000 0.04%
Ellington Financial Inc
No change
30,328
$366,362,000 0.04%
Coca-Cola Co
64.00%
5,704
$363,040,000 0.04%
Palantir Technologies Inc.
Opened
14,270
$361,459,000 0.04%
Waste Mgmt Inc Del
7.27%
1,670
$356,287,000 0.04%
Republic Svcs Inc
No change
1,833
$356,230,000 0.04%
Select Sector Spdr Tr
Opened
8,257
$650,369,000 0.07%
Asml Holding N V
2.60%
337
$344,660,000 0.04%
Broadridge Finl Solutions In
9.74%
1,735
$341,798,000 0.04%
Nuveen Amt Free Mun Cr Inc F
44.38%
27,105
$337,728,000 0.04%
Shopify Inc
Opened
5,060
$334,213,000 0.03%
Select Sector Spdr Tr
Closed
3,420
$668,009,000
Select Sector Spdr Tr
9.93%
9,966
$640,957,000 0.07%
Pioneer Nat Res Co
Closed
1,214
$318,702,000
Equifax, Inc.
2.43%
1,243
$301,378,000 0.03%
Micron Technology Inc.
15.73%
2,207
$290,292,000 0.03%
Hanesbrands Inc
Closed
50,000
$290,000,000
Union Pac Corp
Opened
1,276
$288,738,000 0.03%
Proshares Tr
Closed
5,000
$287,700,000
Illumina Inc
Closed
2,093
$287,411,000
Sherwin-Williams Co.
Opened
961
$286,795,000 0.03%
Progyny Inc
Opened
10,000
$286,100,000 0.03%
Ecolab, Inc.
No change
1,190
$283,226,000 0.03%
Lyft Inc
No change
20,000
$282,000,000 0.03%
Neogenomics Inc.
No change
20,000
$277,400,000 0.03%
Walmart Inc
Opened
3,994
$270,458,000 0.03%
Comerica, Inc.
49.50%
5,100
$260,304,000 0.03%
Amphenol Corp.
40.45%
3,854
$259,648,000 0.03%
Constellation Brands, Inc.
49.95%
1,002
$257,800,000 0.03%
Applied Matls Inc
No change
1,086
$256,305,000 0.03%
Illinois Tool Wks Inc
0.65%
1,069
$253,298,000 0.03%
Salesforce Inc
Closed
840
$252,991,000
Astrazeneca plc
No change
3,150
$245,669,000 0.03%
Coterra Energy Inc
9.37%
8,937
$238,358,000 0.02%
Ishares Tr
Closed
7,376
$237,728,000
Merck & Co Inc
Opened
1,912
$236,645,000 0.02%
Confluent Inc
No change
8,000
$236,240,000 0.02%
Biogen Inc
Opened
1,018
$235,993,000 0.02%
Ishares Inc
Opened
3,981
$235,675,000 0.02%
On Hldg Ag
Opened
6,000
$232,800,000 0.02%
Air Prods & Chems Inc
Opened
897
$231,478,000 0.02%
Xometry Inc
100.00%
20,000
$231,200,000 0.02%
Westlake Chem Partners Lp
50.00%
10,000
$225,800,000 0.02%
AMGEN Inc.
Opened
716
$223,780,000 0.02%
Altria Group Inc.
Closed
5,025
$219,173,000
Ball Corp.
Closed
2,986
$201,139,000
MP Materials Corp.
No change
15,000
$190,950,000 0.02%
Richardson Electrs Ltd
No change
15,000
$178,350,000 0.02%
Black Stone Minerals L.P.
83.33%
10,000
$156,700,000 0.02%
DermTech, Inc.
Closed
200,000
$140,400,000
Denison Mines Corp
No change
70,000
$139,300,000 0.01%
Cognition Therapeutics Inc
No change
55,395
$91,956,000 0.01%
Butterfly Network Inc
No change
100,000
$84,080,000 0.01%
Open Lending, LLC
No change
14,675
$81,887,000 0.01%
Quipt Home Medical Corp
No change
25,000
$80,500,000 0.01%
Aileron Therapeutics Inc
No change
26,171
$72,494,000 0.01%
In8bio Inc
No change
78,624
$66,555,000 0.01%
Luna Innovations Inc
No change
20,000
$64,000,000 0.01%
Kopin Corp.
No change
40,300
$33,848,000 0.00%
Nrx Pharmaceuticals Inc
Closed
63,290
$29,867,000
HeartBeam Inc
No change
10,000
$25,700,000 0.00%
Esperion Therapeutics Inc Ne
Opened
10,000
$22,200,000 0.00%
Cytosorbents Corp
No change
23,166
$16,286,000 0.00%
Aptose Biosciences Inc
No change
12,448
$9,448,000 0.00%
No transactions found
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