PCM Encore, LLC

Aspen, CO · CIK 2109846 · 13F filing filed 2026-08-11

SEC-registered investment adviser since 2024 · limited liability company

Assets managed$2.0bn
Staff18 · 9 in investment roles
Main clients (by assets)High net worth individuals 90%, Companies 8%, Individuals 2%
Websiteencoreinvestment.com
Form ADV · 2026-09-29SEC adviser record

$569.2m reported value +17.1% vs Q1 2026

459positions

29.0%in top 10

57 new 144 added 224 reduced 43 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	129,660	$25.9m4.56%	4.56%	Reduced -4.5k	-4,491 -3.4%
2	APPLE INC COM AAPL	AAPL	87,454	$25.3m4.45%	4.45%	Added +34	+34 0.0%
3	ALPHABET INC CAP STK CL A GOOGL	GOOGL	55,762	$19.9m3.50%	3.50%	Reduced -523	-523 -0.9%
4	MICROSOFT CORP COM MSFT	MSFT	46,079	$17.2m3.02%	3.02%	Reduced -1.3k	-1,275 -2.7%
5	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	34,343	$16.4m2.88%	2.88%	Added +40	+40 0.1%
6	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	20,914	$14.4m2.52%	2.52%	Added +6.0k	+6,024 40.5%
7	ISHARES TR RUSSELL 2000 ETF IWM	IWM	41,698	$12.5m2.20%	2.20%	Added +6.2k	+6,218 17.5%
8	AMAZON COM INC COM AMZN	AMZN	51,255	$12.2m2.15%	2.15%	Reduced -10	-10 -0.0%
9	BROADCOM INC COM AVGO	AVGO	28,345	$10.7m1.88%	1.88%	Added +42	+42 0.1%
10	ELI LILLY & CO COM LLY	LLY	8,838	$10.6m1.86%	1.86%	Reduced -19	-19 -0.2%
11	ISHARES TR CORE S&P500 ETF IVV	IVV	12,340	$9.2m1.62%	1.62%	Reduced -2.9k	-2,886 -18.9%
12	ISHARES INC CORE MSCI EMKT IEMG	IEMG	98,540	$8.2m1.43%	1.43%	Added +12.7k	+12,674 14.8%
13	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	37,230	$7.9m1.39%	1.39%	Added +5.8k	+5,768 18.3%
14	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	110,196	$7.9m1.38%	1.38%	Added +37.4k	+37,386 51.4%
15	MICRON TECHNOLOGY INC COM MU	MU	6,750	$7.8m1.37%	1.37%	Added +818	+818 13.8%
16	META PLATFORMS INC CL A META	META	12,442	$7.0m1.23%	1.23%	Reduced -126	-126 -1.0%
17	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	76,663	$6.7m1.18%	1.18%	Added +26.7k	+26,743 53.6%
18	LAM RESEARCH CORP COM NEW LRCX	LRCX	15,518	$6.7m1.18%	1.18%	Added +67	+67 0.4%
19	TESLA INC COM TSLA	TSLA	15,012	$6.3m1.11%	1.11%	Reduced -219	-219 -1.4%
20	ADVANCED MICRO DEVICES INC COM AMD	AMD	10,628	$6.2m1.08%	1.08%	Added +136	+136 1.3%
21	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	12,198	$6.1m1.07%	1.07%	Reduced -350	-350 -2.8%
22	JPMORGAN CHASE & CO COM JPM	JPM	16,805	$5.5m0.97%	0.97%	Added +30	+30 0.2%
23	CATERPILLAR INC COM CAT	CAT	5,019	$5.3m0.94%	0.94%	Reduced -92	-92 -1.8%
24	VANGUARD INDEX FDS VALUE ETF VTV	VTV	24,079	$5.2m0.92%	0.92%	Added +8.8k	+8,824 57.8%
25	ISHARES TR RUS TP200 GR ETF IWY	IWY	17,293	$5.0m0.88%	0.88%	Reduced -2.7k	-2,689 -13.5%
26	EXXON MOBIL CORP COM XOM	XOM	36,113	$4.9m0.87%	0.87%	Reduced -485	-485 -1.3%
27	ISHARES TR CORE MSCI EAFE IEFA	IEFA	50,648	$4.9m0.86%	0.86%	Reduced -8.3k	-8,340 -14.1%
28	MORGAN STANLEY ETF TRUST EATON VANCE TOTA EVTR	EVTR	89,772	$4.6m0.80%	0.80%	Added +25.1k	+25,127 38.9%
29	VISA INC COM CL A V	V	11,201	$3.8m0.68%	0.68%	Added +361	+361 3.3%
30	MORGAN STANLEY ETF TRUST EATON VANCE SHOR EVSD	EVSD	69,240	$3.5m0.62%	0.62%	Added +18.6k	+18,575 36.7%
31	SANDISK CORP COM SNDK	SNDK	1,453	$3.3m0.58%	0.58%	Reduced -11	-11 -0.8%
32	GE AEROSPACE COM NEW GE	GE	8,549	$3.2m0.56%	0.56%	Reduced -179	-179 -2.0%
33	ALPHABET INC CAP STK CL C GOOG	GOOG	8,490	$3.0m0.53%	0.53%	Reduced -1.0k	-1,023 -10.8%
34	WALMART INC COM WMT	WMT	26,388	$3.0m0.53%	0.53%	Reduced -1.2k	-1,205 -4.4%
35	ISHARES TR S&P 500 VAL ETF IVE	IVE	12,899	$2.9m0.51%	0.51%	Reduced -2.9k	-2,936 -18.5%
36	WESTERN DIGITAL CORP COM WDC	WDC	4,576	$2.9m0.51%	0.51%	Reduced -15	-15 -0.3%
37	NETFLIX INC COM NFLX	NFLX	39,983	$2.9m0.50%	0.50%	Reduced -2.0k	-1,988 -4.7%
38	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	1,433	$2.9m0.50%	0.50%	Added +139	+139 10.7%
39	ABBVIE INC COM ABBV	ABBV	10,979	$2.8m0.49%	0.49%	Added +452	+452 4.3%
40	BANK AMERICA CORP COM BAC	BAC	47,801	$2.7m0.48%	0.48%	Reduced -1.3k	-1,262 -2.6%
41	GOLDMAN SACHS GROUP INC COM GS	GS	2,651	$2.7m0.47%	0.47%	Reduced -14	-14 -0.5%
42	COSTCO WHSL CORP NEW COM COST	COST	2,838	$2.7m0.47%	0.47%	Added +60	+60 2.2%
43	INTEL CORP COM INTC	INTC	18,770	$2.6m0.46%	0.46%	Added +1.9k	+1,854 11.0%
44	MARVELL TECHNOLOGY INC COM MRVL	MRVL	8,554	$2.5m0.45%	0.45%	Added +183	+183 2.2%
45	CHEVRON CORP NEW COM CVX	CVX	15,066	$2.5m0.44%	0.44%	Reduced -10	-10 -0.1%
46	APPLIED MATLS INC COM AMAT	AMAT	3,423	$2.5m0.43%	0.43%	Added +1.0k	+1,035 43.3%
47	MERCK & CO INC COM MRK	MRK	17,958	$2.3m0.41%	0.41%	Reduced -35	-35 -0.2%
48	GE VERNOVA INC COM GEV	GEV	1,938	$2.3m0.40%	0.40%	Added +1	+1 0.1%
49	MASTERCARD INCORPORATED CL A MA	MA	4,393	$2.3m0.40%	0.40%	Unchanged
50	SHELL PLC SPON ADS SHEL	SHEL	25,294	$2.0m0.34%	0.34%	Reduced -576	-576 -2.2%
51	NOVARTIS AG SPONSORED ADR NVS	NVS	12,510	$2.0m0.34%	0.34%	Reduced -102	-102 -0.8%
52	JOHNSON & JOHNSON COM JNJ	JNJ	7,539	$1.9m0.34%	0.34%	Added +53	+53 0.7%
53	CISCO SYS INC COM CSCO	CSCO	15,932	$1.9m0.33%	0.33%	Added +5.4k	+5,423 51.6%
54	KB FINL GROUP INC SPONSORED ADR KB	KB	17,678	$1.9m0.33%	0.33%	Added +305	+305 1.8%
55	HSBC HLDGS PLC SPON ADR NEW HSBC	HSBC	19,447	$1.8m0.32%	0.32%	Added +305	+305 1.6%
56	ICICI BANK LIMITED ADR IBN	IBN	62,356	$1.8m0.32%	0.32%	Added +1.4k	+1,395 2.3%
57	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	20,952	$1.8m0.32%	0.32%	Reduced -168	-168 -0.8%
58	UNITEDHEALTH GROUP INC COM UNH	UNH	4,200	$1.7m0.31%	0.31%	Added +1.3k	+1,265 43.1%
59	SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD SHG	SHG	26,632	$1.7m0.30%	0.30%	Added +492	+492 1.9%
60	CANADIAN NAT RES LTD COM CNQ	CNQ	41,613	$1.6m0.29%	0.29%	Reduced -502	-502 -1.2%
61	SOUTHERN COPPER CORP COM SCCO	SCCO	9,342	$1.6m0.29%	0.29%	Added +103	+103 1.1%
62	AMGEN INC COM AMGN	AMGN	4,405	$1.6m0.28%	0.28%	Reduced -2	-2 -0.1%
63	PHILIP MORRIS INTL INC COM PM	PM	8,780	$1.6m0.28%	0.28%	Added +137	+137 1.6%
64	RTX CORPORATION COM RTX	RTX	8,176	$1.6m0.27%	0.27%	Reduced -231	-231 -2.8%
65	MARATHON PETE CORP COM MPC	MPC	6,049	$1.5m0.27%	0.27%	Reduced -3	-3 -0.1%
66	CELESTICA INC COM CLS	CLS	4,235	$1.5m0.27%	0.27%	Reduced -1.8k	-1,843 -30.3%
67	ASTRAZENECA PLC ORD AZN	AZN	8,087	$1.5m0.27%	0.27%	Reduced -20	-20 -0.2%
68	HOME DEPOT INC COM HD	HD	4,338	$1.5m0.27%	0.27%	Reduced -1.5k	-1,513 -25.9%
69	CUMMINS INC COM CMI	CMI	2,086	$1.5m0.26%	0.26%	Added +29	+29 1.4%
70	PALO ALTO NETWORKS INC COM PANW	PANW	4,313	$1.5m0.26%	0.26%	Added +412	+412 10.6%
71	BLACKROCK INC COM BLK	BLK	1,529	$1.5m0.26%	0.26%	Added +25	+25 1.7%
72	TORONTO DOMINION BK ONT COM NEW TD	TD	12,015	$1.5m0.26%	0.26%	Added +184	+184 1.6%
73	TOTALENERGIES SE ACT TTE	TTE	18,659	$1.5m0.25%	0.25%	Reduced -70	-70 -0.4%
74	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	18,342	$1.4m0.25%	0.25%	Reduced -1.1k	-1,106 -5.7%
75	VANGUARD BD INDEX FDS INTERMED TERM BIV	BIV	18,545	$1.4m0.25%	0.25%	Reduced -1.0k	-1,020 -5.2%
76	ROYAL BK CDA COM RY	RY	6,790	$1.4m0.25%	0.25%	Added +69	+69 1.0%
77	SAP SE SPON ADR SAP	SAP	9,095	$1.4m0.25%	0.25%	Reduced -115	-115 -1.2%
78	COCA COLA CO COM KO	KO	17,138	$1.4m0.24%	0.24%	Reduced -381	-381 -2.2%
79	DR REDDYS LABS LTD ADR RDY	RDY	93,212	$1.4m0.24%	0.24%	Added +9.5k	+9,459 11.3%
80	BRITISH AMERN TOB PLC SPONSORED ADR BTI	BTI	21,363	$1.3m0.23%	0.23%	Reduced -25	-25 -0.1%
81	UNILEVER PLC SPON ADR NEW UL	UL	21,655	$1.3m0.23%	0.23%	Reduced -498	-498 -2.2%
82	MORGAN STANLEY COM NEW MS	MS	6,183	$1.3m0.23%	0.23%	Reduced -95	-95 -1.5%
83	LINDE PLC SHS LIN	LIN	2,484	$1.3m0.23%	0.23%	Reduced -27	-27 -1.1%
84	VISTRA CORP COM VST	VST	8,035	$1.3m0.22%	0.22%	Reduced -41	-41 -0.5%
85	PROCTER AND GAMBLE CO COM PG	PG	8,687	$1.3m0.22%	0.22%	Reduced -5.3k	-5,259 -37.7%
86	COHERENT CORP COM COHR	COHR	3,153	$1.2m0.22%	0.22%	Reduced -11	-11 -0.3%
87	TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADS TAK	TAK	76,278	$1.2m0.21%	0.21%	Reduced -627	-627 -0.8%
88	CONOCOPHILLIPS COM COP	COP	11,755	$1.2m0.21%	0.21%	Added +55	+55 0.5%
89	PARKER-HANNIFIN CORP COM PH	PH	1,204	$1.2m0.21%	0.21%	Reduced -5	-5 -0.4%
90	UNITED MICROELECTRONICS CORP SPON ADR NEW UMC	UMC	42,950	$1.2m0.21%	0.21%	Added +2.8k	+2,784 6.9%
91	WIPRO LTD SPON ADR 1 SH WIT	WIT	508,247	$1.1m0.20%	0.20%	Added +159.2k	+159,193 45.6%
92	MORGAN STANLEY ETF TRUST EATON VANCE SHRT EVSM	EVSM	22,622	$1.1m0.20%	0.20%	Added +10.3k	+10,334 84.1%
93	ARISTA NETWORKS INC COM SHS ANET	ANET	6,629	$1.1m0.20%	0.20%	Reduced -144	-144 -2.1%
94	WELLS FARGO CO NEW COM WFC	WFC	13,540	$1.1m0.20%	0.20%	Reduced -630	-630 -4.5%
95	LG DISPLAY CO LTD SPONS ADR REP LPL	LPL	287,276	$1.1m0.20%	0.20%	Added +135.4k	+135,415 89.2%
96	MCDONALDS CORP COM MCD	MCD	4,130	$1.1m0.20%	0.20%	Reduced -410	-410 -9.0%
97	KOREA ELEC PWR CORP SPONSORED ADR KEP	KEP	92,228	$1.1m0.20%	0.20%	Added +44.8k	+44,758 94.3%
98	ORACLE CORP COM ORCL	ORCL	7,485	$1.1m0.19%	0.19%	Reduced -556	-556 -6.9%
99	AUTOZONE INC COM AZO	AZO	341	$1.1m0.19%	0.19%	Reduced -6	-6 -1.7%
100	SK TELECOM CO LTD SPONSORED ADR SKM	SKM	33,758	$1.1m0.19%	0.19%	Added +15.9k	+15,938 89.4%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		1,773	$801.4k1.8k shares
VANGUARD INDEX FDS VXF	VXF	2,779	$571.9k2.8k shares
ADOBE INC ADBE	ADBE	2,098	$510.0k2.1k shares
ABBOTT LABS ABT	ABT	4,001	$410.8k4.0k shares
HOLOGIC INC HOLX	HOLX	5,078	$383.8k5.1k shares
DISNEY WALT CO DIS	DIS	3,725	$359.0k3.7k shares
KINROSS GOLD CORP KGC	KGC	11,730	$358.0k11.7k shares
DOLE PLC DOLE	DOLE	24,719	$353.2k24.7k shares
KROGER CO KR	KR	4,286	$310.1k4.3k shares
DOW INC DOW	DOW	7,381	$307.4k7.4k shares
VERISK ANALYTICS INC VRSK	VRSK	1,564	$296.8k1.6k shares
TYLER TECHNOLOGIES INC TYL	TYL	863	$295.3k863 shares
DOLLAR GEN CORP NEW DG	DG	2,414	$286.6k2.4k shares
DIMENSIONAL ETF TRUST DISV	DISV	7,055	$278.2k7.1k shares
THOMSON REUTERS CORP		2,864	$257.7k2.9k shares
ROPER TECHNOLOGIES INC ROP	ROP	711	$251.6k711 shares
FIRSTENERGY CORP FE	FE	4,868	$246.6k4.9k shares
TECNOGLASS INC TGLS	TGLS	5,356	$238.6k5.4k shares
DUPONT DE NEMOURS INC DWDP	DWDP	1,691	$232.4k1.7k shares
WORKDAY INC WDAY	WDAY	1,788	$232.3k1.8k shares
NEW YORK TIMES CO NYT	NYT	2,736	$229.1k2.7k shares
STANTEC INC STN	STN	2,556	$220.8k2.6k shares
EXPAND ENERGY CORPORATION EXE	EXE	2,003	$219.9k2.0k shares
WIX COM LTD WIX	WIX	2,440	$219.8k2.4k shares
GE HEALTHCARE TECHNOLOGIES I GEHC	GEHC	3,087	$219.7k3.1k shares