Arcus Capital Partners, LLC

Arcus Capital Partners LLC runs a $228M, 118-name 13F whose defining variable is a single-stock commitment that dominates everything else: Coca-Cola (KO, 18.0%) occupies nearly one-fifth of the entire portfolio, a weight that signals either a long-term dividend-compounding thesis, a macro hedge against consumer-staples stability, or possibly a legacy position grown through years of dividend reinvestment that the manager has chosen not to trim. Around that anchor, the portfolio layers three dividend-focused ETF vehicles — iShares Select Dividend (DVY, 10.9%), an unnamed dividend/income ETF (DFH, 10.7%), and T. Rowe Price Dividend Growth (TCAF, 5.3%) — together representing 27% of the book in a dividend-and-income sleeve that complements rather than contradicts the KO concentration. The Q1 changes (8 new, 8 sold, 10 increased, 19 decreased, 13 unchanged, 58 total) reflect a rotation within that framework: QQQ (Nasdaq-100 growth), GLDM (gold ETF), SIVR (silver ETF), ACWX (MSCI All-Country ex-US), Mastercard (MA), and Amphenol (APH) were initiated as the new Q1 layer, replacing positions that had either completed their thesis cycle or been reduced for risk management. The increases — in existing quality names — alongside the 19 decreases suggest the manager was selectively adding to convictions while culling positions that had reached target weights. With whaleScore of 50.50 and a structure that mixes a massive single-stock dividend anchor with ETF vehicles expressing broader equity and commodity exposure, this fund is best read as a dividend-yield and income product rather than a pure active stock picker — but the KO position at 18% is a genuine conviction signal that distinguishes it from a vanilla dividend ETF product.