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Asset Manager ← All Institutions

SFMG, LLC

Q4 2025 · Filed 2026-02-10
Market Value
$1.5B
+3.3%
Holdings
323
+15
New Purchases
22
Added To
140
Closed
22
Reduced
82
Top 10 Concentration
61.6%
Turnover
13.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOG 1.54% 1.26% +0.28% $23M
AAPL 4.08% 3.89% +0.19% $61M
USFR 0.17% 0.00% +0.17% $2M
COWZ 3.84% 3.68% +0.16% $57M
AMAT 0.88% 0.74% +0.14% $13M
NVDA 2.08% 1.96% +0.12% $31M
MOAT 4.46% 4.34% +0.12% $66M
GOOGL 0.48% 0.38% +0.10% $7M
RSG 0.10% 0.00% +0.10% $1M
QQQM 0.13% 0.03% +0.10% $2M
SCHQ 1.02% 0.94% +0.08% $15M
PTLC 9.01% 8.94% +0.06% $134M
JEPQ 0.06% 0.00% +0.06% $931K
DIVO 0.15% 0.09% +0.06% $2M
CRM 0.47% 0.41% +0.06% $7M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ATO 11.94% 12.35% -0.41% $178M
MSFT 2.00% 2.34% -0.34% $30M
DOC 0.00% 0.20% -0.20% $0
BRK-B 3.89% 4.06% -0.17% $58M
DVN 0.00% 0.14% -0.14% $0
QQQ 0.34% 0.45% -0.10% $5M
TLT 0.45% 0.53% -0.08% $7M
IGV 0.35% 0.42% -0.07% $5M
PANW 0.43% 0.50% -0.07% $6M
META 0.45% 0.53% -0.07% $7M
BMY 0.01% 0.08% -0.06% $205K
FBTC 0.25% 0.32% -0.06% $4M
QUS 6.17% 6.23% -0.06% $92M
LUV 0.06% 0.11% -0.05% $926K
IEI 0.05% 0.10% -0.05% $715K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 60 $428M 28.7%
Large Cap 188 $766M 51.4%
Mid Cap 39 $163M 11.0%
Small Cap 24 $119M 8.0%
Micro Cap 12 $13M 0.9%

Portfolio Analytics

Avg Market Cap
$218.2B
Median Market Cap
$59.5B
Avg P/E
33.4
Median P/E
24.7
Avg Dividend Yield
0.02%
Avg Beta
0.96
# Stocks
221
# ETFs / Funds
102

Top Holdings (323 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 ATO 11.94% 1,060,389 $178M $167.63 -$193K +18,247 +1.8%
2 PTLC 9.01% 2,412,945 $134M $55.58 $5M +59,409 +2.5%
3 SPHQ 8.41% 1,668,107 $125M $75.05 $4M +16,565 +1.0%
4 GSLC 7.37% 829,135 $110M $132.37 $3M +11,475 +1.4%
5 QUS 6.17% 527,047 $92M $174.18 $2M +3,069 +0.6%
6 MOAT 4.46% 640,814 $66M $103.56 $4M +9,698 +1.5%
7 AAPL 4.08% 223,378 $61M $271.86 $5M +3,310 +1.5%
8 BRK-B 3.89% 115,251 $58M $502.65 -$600K -1,173 -1.0%
9 COWZ 3.84% 950,367 $57M $60.17 $4M +26,453 +2.9%
10 IVV 2.44% 52,936 $36M $684.94 $671K -234 -0.4%
11 NVDA 2.08% 166,029 $31M $186.50 $3M +14,629 +9.7%
12 MSFT 2.00% 61,520 $30M $483.62 -$4M -3,543 -5.5%
13 AMZN 1.62% 104,800 $24M $230.82 $2M +1,474 +1.4%
14 GOOG 1.54% 72,990 $23M $313.80 $5M -1,603 -2.1%
15 JEPI 1.14% 295,839 $17M $57.24 $1M +21,890 +8.0%
16 SCHQ 1.02% 477,113 $15M $31.70 $2M +58,979 +14.1%
17 SPY 0.94% 20,567 $14M $681.90 $869K +818 +4.1%
18 AMAT 0.88% 51,121 $13M $256.99 $2M -1,179 -2.2%
19 RTX 0.87% 70,989 $13M $183.40 $858K -1,688 -2.3%
20 WMT 0.82% 109,619 $12M $111.41 $142K -7,500 -6.4%
21 AMD 0.71% 49,189 $11M $214.16 $886K -10,448 -17.5%
22 FDIF 0.53% 219,730 $8M $35.81 $349K +8,077 +3.8%
23 V 0.52% 22,156 $8M $350.70 $350K +421 +1.9%
24 ARCC 0.50% 364,892 $7M $20.23 -$71K -252 -0.1%
25 GOOGL 0.48% 22,914 $7M $313.00 $2M +459 +2.0%
26 CRM 0.47% 26,272 $7M $264.91 $1M +1,291 +5.2%
27 SCHX 0.47% 258,348 $7M $26.91 $172K +944 +0.4%
28 VZ 0.47% 170,521 $7M $40.73 -$326K +5,077 +3.1%
29 META 0.45% 10,262 $7M $660.06 -$803K -54 -0.5%
30 TLT 0.45% 76,226 $7M $87.16 -$967K -8,937 -10.5%
31 CSX 0.44% 178,769 $6M $36.25 $153K +578 +0.3%
32 PANW 0.43% 34,645 $6M $184.20 -$834K -790 -2.2%
33 COP 0.43% 67,994 $6M $93.61 -$88K -229 -0.3%
34 BXSL 0.42% 237,386 $6M $26.33 -$223K -10,928 -4.4%
35 BLK 0.41% 5,659 $6M $1,070.34 -$304K +203 +3.7%
36 HON 0.40% 30,566 $6M $195.09 -$400K +337 +1.1%
37 NVO 0.40% 116,017 $6M $50.88 -$221K +5,657 +5.1%
38 ADBE 0.38% 16,365 $6M $349.99 -$133K -249 -1.5%
39 AVGO 0.38% 16,390 $6M $346.10 $396K +398 +2.5%
40 TMO 0.38% 9,735 $6M $579.42 $937K +38 +0.4%
41 TSLA 0.35% 11,695 $5M $449.72 $210K +341 +3.0%
42 IGV 0.35% 49,323 $5M $105.69 -$896K -3,795 -7.1%
43 JPM 0.35% 16,060 $5M $322.23 $382K +865 +5.7%
44 QQQ 0.34% 8,313 $5M $614.28 -$1M -2,436 -22.7%
45 MDT 0.34% 53,073 $5M $96.06 $259K +2,259 +4.5%
46 QTEC 0.33% 21,287 $5M $230.21 -$141K -671 -3.1%
47 GLD 0.30% 11,302 $4M $396.31 $845K +1,080 +10.6%
48 VOO 0.28% 6,605 $4M $627.09 $147K +82 +1.3%
49 MSDL 0.26% 238,045 $4M $16.48 -$247K -21,300 -8.2%
50 SLB 0.26% 99,792 $4M $38.38 $111K -8,415 -7.8%
51 FBTC 0.25% 49,553 $4M $76.23 -$769K +4,002 +8.8%
52 LULU 0.22% 15,432 $3M $207.82 $664K +1,138 +8.0%
53 LLY 0.21% 2,926 $3M $1,074.73 $874K -49 -1.6%
54 BALT 0.21% 92,854 $3M $33.51 $268K +6,208 +7.2%
55 PLTR 0.20% 16,926 $3M $177.75 $513K +3,247 +23.7%
56 CIBR 0.20% 41,965 $3M $71.45 -$178K +176 +0.4%
57 COST 0.20% 3,425 $3M $862.30 -$166K +55 +1.6%
58 ZTS 0.19% 22,900 $3M $125.82 -$321K +1,017 +4.7%
59 JNJ 0.19% 13,902 $3M $206.95 $535K +1,269 +10.1%
60 VTI 0.19% 8,379 $3M $335.29 $121K +187 +2.3%
61 XOM 0.18% 22,655 $3M $120.34 $394K +1,970 +9.5%
62 SPTM 0.17% 31,434 $3M $82.50 $58K
63 USFR 0.17% 49,340 $2M $50.32 +49,340 NEW
64 XLV 0.16% 15,354 $2M $154.80 $236K -26 -0.2%
65 HLT 0.16% 8,269 $2M $287.25 $230K
66 WPC 0.16% 36,748 $2M $64.36 -$236K -1,750 -4.5%
67 KMI 0.15% 82,788 $2M $27.49 -$284K -7,650 -8.5%
68 BRK-A 0.15% 3 $2M $754,800.00 $2K
69 DIVO 0.15% 49,950 $2M $44.50 $927K +20,880 +71.8%
70 MCK 0.14% 2,625 $2M $820.23 $125K
71 XDSQ 0.13% 48,008 $2M $41.62 $80K -101 -0.2%
72 QQQM 0.13% 7,839 $2M $252.91 $1M +5,834 +291.0%
73 VTEB 0.13% 39,081 $2M $50.29 $268K +5,179 +15.3%
74 NFLX 0.13% 20,187 $2M $93.76 -$382K +18,290 +964.1%
75 VRTX 0.13% 4,162 $2M $453.40 $103K -393 -8.6%
76 PAPR 0.13% 47,929 $2M $39.12 -$31K -1,764 -3.5%
77 IWF 0.13% 3,940 $2M $473.30 $186K +357 +10.0%
78 HGV 0.12% 41,008 $2M $44.75 -$354K -11,347 -21.7%
79 KLAC 0.12% 1,451 $2M $1,214.69 $375K +164 +12.7%
80 SPYG 0.12% 16,439 $2M $106.70 -$55 -345 -2.1%
81 BX 0.12% 11,320 $2M $154.14 -$145K +258 +2.3%
82 CSCO 0.11% 21,145 $2M $77.03 $40K -2,075 -8.9%
83 APO 0.11% 11,148 $2M $144.76 $333K +1,534 +16.0%
84 SMH 0.10% 4,255 $2M $360.14 $156K +38 +0.9%
85 MCD 0.10% 4,884 $1M $305.62 $47K +127 +2.7%
86 SGOV 0.10% 14,868 $1M $100.38 $804K +8,031 +117.5%
87 RSG 0.10% 6,972 $1M $211.92 +6,972 NEW
88 GRNT 0.10% 310,606 $1M $4.70 -$221K
89 J 0.10% 11,000 $1M $132.47 -$197K -36 -0.3%
90 HD 0.09% 4,092 $1M $344.12 -$343K -229 -5.3%
91 IBM 0.09% 4,683 $1M $296.19 $70K +16 +0.3%
92 ETN 0.09% 4,184 $1M $318.50 -$277K -116 -2.7%
93 ABBV 0.09% 5,830 $1M $228.50 $19K +157 +2.8%
94 LOW 0.09% 5,291 $1M $241.16 -$66K -50 -0.9%
95 SHW 0.08% 3,866 $1M $324.05 -$105K -56 -1.4%
96 PG 0.08% 8,520 $1M $143.31 -$85K +22 +0.3%
97 ISRG 0.08% 2,136 $1M $566.24 $760K +1,130 +112.3%
98 CVX 0.08% 7,759 $1M $152.40 -$16K +39 +0.5%
99 TJX 0.08% 7,628 $1M $153.60 $48K -150 -1.9%
100 PEP 0.08% 8,139 $1M $143.51 $33K +56 +0.7%

Options Breakdown

2 Calls $682K Call Value 1 Puts $802K Put Value 1.18 P/C Ratio

Top Calls

SymbolSharesValueStatus
SPY 14,000 $407K NEW
AMZN 11,000 $274K NEW

Top Puts

SymbolSharesValueStatus
NVDA 37,400 $802K NEW

New Positions

SymbolValue% Port
USFR $2M 0.17%
RSG $1M 0.10%
JEPQ $931K 0.06%
GUMI $748K 0.05%
QUAL $470K 0.03%
IAUM $422K 0.03%
SCHD $344K 0.02%
IAU $291K 0.02%
CAG $280K 0.02%
TXRH $266K 0.02%
FNDF $257K 0.02%
NET $255K 0.02%
CEG $243K 0.02%
JKHY $236K 0.02%
VCIT $208K 0.01%

Sold Out Positions

SymbolValue% Port
NOW —%
DVN —%
VST —%
UPS —%
SYK —%
DOC —%
LEN —%
PRU —%
HYT —%
BSX —%
CORZ —%
FANG —%
COIN —%
DKNG —%
EXE —%
View SEC EDGAR Filings for SFMG, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms