FAYEZ SAROFIM & CO — Q3 2025 13F-HR

← FAYEZ SAROFIM & CO

Q3 2025 · 13F-HR

FAYEZ SAROFIM & COholdings as filed

Filed 2025-11-14 · accession 0001193125-25-282612

$43.12B

Reported value

305

Positions

2025-09-30

Period end

View analyzed profile →PRO

The Brief · FAYEZ SAROFIM & CO · Q3 2025

AI · grounded in 13F

FAYEZ SAROFIM & CO established a new position in MSFT valued at $4.07B. The fund also initiated new stakes in AAPL for $3.93B and GOOG for $1.87B. Additional new positions include AMZN at $1.80B and PM at $1.80B. The fund ended the period with 305 positions and total AUM of $43.12B.

Holdings as filed

CUSIP	Ticker	Issuer	Value	% port.	Shares	Class	Voting
594918104	MSFT	MICROSOFT CORP COM	$4.07B	9.45%	7,823,368	Common	SOLE
037833100	AAPL	APPLE INC COM	$3.93B	9.11%	15,366,927	Common	SOLE
02079K107	GOOG	ALPHABET INC CAP STK CL C	$1.87B	4.33%	7,606,218	Common	SOLE
023135106	AMZN	AMAZON COM INC COM	$1.80B	4.18%	8,155,023	Common	SOLE
718172109	PM	PHILIP MORRIS INTL INC COM	$1.80B	4.17%	11,085,935	Common	SOLE
67066G104	NVDA	NVIDIA CORPORATION COM	$1.56B	3.61%	8,243,611	Common	SOLE
30303M102	META	META PLATFORMS INC CL A	$1.42B	3.30%	1,925,483	Common	SOLE
46625H100	JPM	JPMORGAN CHASE & CO. COM	$1.10B	2.56%	3,470,400	Common	SOLE
166764100	CVX	CHEVRON CORP NEW COM	$1.10B	2.55%	7,049,070	Common	SOLE
191216100	KO	COCA COLA CO COM	$1.10B	2.55%	16,567,084	Common	SOLE
92826C839	V	VISA INC COM CL A	$1.05B	2.43%	3,040,212	Common	SOLE
30231G102	XOM	EXXON MOBIL CORP COM	$1.04B	2.42%	9,249,009	Common	SOLE
580135101	MCD	MCDONALDS CORP COM	$841.7M	1.95%	2,755,414	Common	SOLE
882508104	TXN	TEXAS INSTRS INC COM	$757.9M	1.76%	4,096,612	Common	SOLE
09290D101	BLK	BLACKROCK INC COM	$746.4M	1.73%	635,156	Common	SOLE
78409V104	SPGI	S&P GLOBAL INC COM	$735.3M	1.71%	1,501,485	Common	SOLE
742718109	PG	PROCTER AND GAMBLE CO COM	$696.4M	1.61%	4,517,312	Common	SOLE
N07059210	ASML	ASML HOLDING N V N Y REGISTRY SHS	$695.2M	1.61%	718,080	Common	SOLE
57636Q104	MA	MASTERCARD INCORPORATED CL A	$665.2M	1.54%	1,160,271	Common	SOLE
461202103	INTU	INTUIT COM	$635.6M	1.47%	923,827	Common	SOLE
002824100	ABT	ABBOTT LABS COM	$609.2M	1.41%	4,515,964	Common	SOLE
874039100	TSM	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	$576.2M	1.34%	2,033,464	Common	SOLE
743315103	PGR	PROGRESSIVE CORP COM	$549.4M	1.27%	2,213,309	Common	SOLE
91324P102	UNH	UNITEDHEALTH GROUP INC COM	$547.8M	1.27%	1,570,342	Common	SOLE
293792107	EPD	ENTERPRISE PRODS PARTNERS L COM	$537.3M	1.25%	17,182,405	Common	SHARED
46120E602	ISRG	INTUITIVE SURGICAL INC COM NEW	$528.2M	1.22%	1,169,350	Common	SOLE
74144T108	TROW	PRICE T ROWE GROUP INC COM	$517.9M	1.20%	5,045,436	Common	SHARED
00287Y109	ABBV	ABBVIE INC COM	$500.9M	1.16%	2,163,305	Common	SHARED
G29183103	ETN	EATON CORP PLC SHS	$474.4M	1.10%	1,256,177	Common	SOLE
670100205	NVO	NOVO-NORDISK A S ADR	$408.1M	0.95%	7,353,587	Common	SHARED
053015103	ADP	AUTOMATIC DATA PROCESSING IN COM	$397.0M	0.92%	1,352,576	Common	SOLE
13646K108	CP	CANADIAN PACIFIC KANSAS CITY COM	$363.8M	0.84%	4,822,202	Common	SOLE
02209S103	MO	ALTRIA GROUP INC COM	$352.4M	0.82%	5,335,186	Common	SHARED
084670702	BRK/B	BERKSHIRE HATHAWAY INC DEL CL B NEW	$350.7M	0.81%	697,587	Common	SHARED
81762P102	NOW	SERVICENOW INC COM	$341.6M	0.79%	367,247	Common	SOLE
45866F104	ICE	INTERCONTINENTAL EXCHANGE IN COM	$339.6M	0.79%	2,015,426	Common	SOLE
12572Q105	CME	CME GROUP INC COM	$337.5M	0.78%	1,249,296	Common	SOLE
907818108	UNP	UNION PAC CORP COM	$333.8M	0.77%	1,412,177	Common	SHARED
532457108	LLY	ELI LILLY & CO COM	$332.8M	0.77%	436,162	Common	SOLE
H1467J104	CB	CHUBB LIMITED COM	$328.5M	0.76%	1,163,938	Common	SHARED
046353108	AZNN	ASTRAZENECA PLC SPONSORED ADR	$298.8M	0.69%	3,894,437	Common	SOLE
084670108	BRK/A	BERKSHIRE HATHAWAY INC DEL CL A	$291.9M	0.68%	387	Common	SOLE
437076102	HD	HOME DEPOT INC COM	$286.9M	0.67%	708,067	Common	SOLE
617446448	MS	MORGAN STANLEY COM NEW	$286.7M	0.66%	1,803,873	Common	SHARED
571903202	MAR	MARRIOTT INTL INC NEW CL A	$256.4M	0.59%	971,981	Common	SOLE
824348106	SHW	SHERWIN WILLIAMS CO COM	$232.0M	0.54%	670,046	Common	SOLE
064058100	BK	BANK NEW YORK MELLON CORP COM	$232.0M	0.54%	2,128,778	Common	SHARED
609207105	MDLZ	MONDELEZ INTL INC CL A	$224.0M	0.52%	3,585,045	Common	SHARED
713448108	PEP	PEPSICO INC COM	$221.4M	0.51%	1,576,443	Common	SHARED
09260D107	BX	BLACKSTONE INC COM	$217.1M	0.50%	1,270,608	Common	SHARED
11133T103	BR	BROADRIDGE FINL SOLUTIONS IN COM	$210.5M	0.49%	883,671	Common	SHARED
244199105	DE	DEERE & CO COM	$206.5M	0.48%	445,924	Common	SOLE
G54950103	LIN	LINDE PLC SHS	$202.8M	0.47%	426,879	Common	SHARED
58933Y105	MRK	MERCK & CO INC COM	$202.0M	0.47%	2,406,322	Common	SHARED
26875P101	EOG	EOG RES INC COM	$198.8M	0.46%	1,773,312	Common	SOLE
00724F101	ADBE	ADOBE INC COM	$188.7M	0.44%	528,813	Common	SOLE
22160N109	CSGP	COSTAR GROUP INC COM	$183.5M	0.43%	2,174,799	Common	SOLE
98978V103	ZTS	ZOETIS INC CL A	$182.6M	0.42%	1,248,211	Common	SOLE
931142103	WMT	WALMART INC COM	$169.8M	0.39%	1,647,762	Common	SHARED
478160104	JNJ	JOHNSON & JOHNSON COM	$155.2M	0.36%	836,980	Common	SHARED
92345Y106	VRSK	VERISK ANALYTICS INC COM	$138.5M	0.32%	550,612	Common	SOLE
679580100	ODFL	OLD DOMINION FREIGHT LINE IN COM	$137.1M	0.32%	973,635	Common	SOLE
20825C104	COP	CONOCOPHILLIPS COM	$136.8M	0.32%	1,446,252	Common	SHARED
366651107	IT	GARTNER INC COM	$112.0M	0.26%	426,066	Common	SOLE
75513E101	RTX	RTX CORPORATION COM	$111.1M	0.26%	664,120	Common	SHARED
68902V107	OTIS	OTIS WORLDWIDE CORP COM	$100.9M	0.23%	1,103,118	Common	SOLE
879360105	TDY	TELEDYNE TECHNOLOGIES INC COM	$90.6M	0.21%	154,584	Common	SHARED
718546104	PSX	PHILLIPS 66 COM	$84.6M	0.20%	622,043	Common	SHARED
49456B101	KMI	KINDER MORGAN INC DEL COM	$71.7M	0.17%	2,533,506	Common	SHARED
025816109	AXP	AMERICAN EXPRESS CO COM	$71.3M	0.17%	214,789	Common	SHARED
231561101	CW	CURTISS WRIGHT CORP COM	$66.1M	0.15%	121,724	Common	SHARED
654106103	NKE	NIKE INC CL B	$57.8M	0.13%	828,833	Common	SHARED
009158106	APD	AIR PRODS & CHEMS INC COM	$56.1M	0.13%	205,588	Common	SHARED
254687106	DIS	DISNEY WALT CO COM	$49.6M	0.12%	433,609	Common	SHARED
533900106	LECO	LINCOLN ELEC HLDGS INC COM	$48.4M	0.11%	205,064	Common	SHARED
98954M200	Z	ZILLOW GROUP INC CL C CAP STK	$45.1M	0.10%	585,153	Common	SHARED
20030N101	CMCSA	COMCAST CORP NEW CL A	$38.9M	0.09%	1,238,919	Common	SHARED
780259305	SHEL	SHELL PLC SPON ADS	$38.1M	0.09%	533,314	Common	SHARED
488401100	KMPR	KEMPER CORP COM	$35.5M	0.08%	689,166	Common	SHARED
518439104	EL	LAUDER ESTEE COS INC CL A	$34.1M	0.08%	386,684	Common	SHARED
25243Q205	DEO	DIAGEO PLC SPON ADR NEW	$33.0M	0.08%	346,024	Common	SHARED
149123101	CAT	CATERPILLAR INC COM	$32.8M	0.08%	68,732	Common	SHARED
68389X105	ORCL	ORACLE CORP COM	$31.1M	0.07%	110,491	Common	SHARED
726503105	PAA	PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN	$28.7M	0.07%	1,684,953	Common	SHARED
02079K305	GOOGL	ALPHABET INC CAP STK CL A	$26.2M	0.06%	107,731	Common	SHARED
98954M101	ZG	ZILLOW GROUP INC CL A	$24.4M	0.06%	327,115	Common	SHARED
74340W103	PLD	PROLOGIS INC. COM	$22.5M	0.05%	196,711	Common	SHARED
L8681T102	SPOT	SPOTIFY TECHNOLOGY S A SHS	$22.2M	0.05%	31,833	Common	SHARED
11135F101	AVGO	BROADCOM INC COM	$21.8M	0.05%	66,103	Common	SHARED
78462F103	SPY	SPDR S&P 500 ETF TR TR UNIT	$20.0M	0.05%	30,088	Common	SHARED
55354G100	MSCI	MSCI INC COM	$18.3M	0.04%	32,239	Common	SHARED
26441C204	DUK	DUKE ENERGY CORP NEW COM NEW	$16.4M	0.04%	132,152	Common	NONE
011311107	ALG	ALAMO GROUP INC COM	$15.6M	0.04%	81,500	Common	SHARED
87612E106	TGT	TARGET CORP COM	$15.4M	0.04%	172,202	Common	SHARED
031162100	AMGN	AMGEN INC COM	$14.6M	0.03%	51,805	Common	SHARED
922908769	VTI	VANGUARD INDEX FDS TOTAL STK MKT	$14.3M	0.03%	43,479	Common	SHARED
458140100	INTC	INTEL CORP COM	$13.5M	0.03%	401,768	Common	SHARED
22160K105	COST	COSTCO WHSL CORP NEW COM	$13.5M	0.03%	14,560	Common	SHARED
803054204	SAP	SAP SE SPON ADR	$13.3M	0.03%	49,674	Common	SHARED
855244109	SBUX	STARBUCKS CORP COM	$12.8M	0.03%	151,820	Common	SHARED
G4705A100	ICLR	ICON PLC SHS	$11.6M	0.03%	66,433	Common	SHARED
G1151C101	ACN	ACCENTURE PLC IRELAND SHS CLASS A	$11.5M	0.03%	46,505	Common	SHARED
785688102	SBR	SABINE RTY TR UNIT BEN INT	$10.7M	0.02%	134,038	Common	SHARED
16119P108	CHTR	CHARTER COMMUNICATIONS INC N CL A	$10.1M	0.02%	36,561	Common	SHARED
03027X100	AMT	AMERICAN TOWER CORP NEW COM	$9.8M	0.02%	50,877	Common	SHARED
773903109	ROK	ROCKWELL AUTOMATION INC COM	$9.5M	0.02%	27,071	Common	SHARED
539830109	LMT	LOCKHEED MARTIN CORP COM	$9.3M	0.02%	18,590	Common	SHARED
89151E109	TTEN	TOTALENERGIES SE SPONSORED ADS	$8.7M	0.02%	146,086	Common	SHARED
253868103	DLR	DIGITAL RLTY TR INC COM	$7.4M	0.02%	42,968	Common	SHARED
46090E103	QQQ	INVESCO QQQ TR UNIT SER 1	$7.2M	0.02%	11,925	Common	SHARED
217204106	CPRT	COPART INC COM	$7.1M	0.02%	158,575	Common	SHARED
09225M101	BSM	BLACK STONE MINERALS L P COM UNIT	$7.1M	0.02%	539,351	Common	SHARED
03524A108	BUD	ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR	$6.9M	0.02%	116,356	Common	SHARED
05613H209	BKCG	BNY MELLON ETF TRUST II CONCENTRATED GRW	$6.8M	0.02%	190,665	Common	SHARED
69047Q102	OVV	OVINTIV INC COM	$6.7M	0.02%	165,824	Common	SHARED
682680103	OKE	ONEOK INC NEW COM	$6.6M	0.02%	90,108	Common	SHARED
40415F101	HDB	HDFC BANK LTD SPONSORED ADS	$6.5M	0.02%	190,475	Common	SHARED
G0403H108	AON	AON PLC SHS CL A	$6.4M	0.01%	18,039	Common	SHARED
717081103	PFE	PFIZER INC COM	$6.3M	0.01%	246,697	Common	SHARED
487836108	K	KELLANOVA COM	$6.2M	0.01%	76,150	Common	SHARED
817565104	SCI	SERVICE CORP INTL COM	$6.2M	0.01%	74,325	Common	SHARED
438516106	HON	HONEYWELL INTL INC COM	$6.1M	0.01%	28,920	Common	SHARED
M22465104	CHKP	CHECK POINT SOFTWARE TECH LT ORD	$5.1M	0.01%	24,639	Common	SHARED
N3167Y103	RACE	FERRARI N V COM	$5.0M	0.01%	10,379	Common	SHARED
949746101	WMT2	WELLS FARGO CO NEW COM	$5.0M	0.01%	59,268	Common	SHARED
459200101	IBM	INTERNATIONAL BUSINESS MACHS COM	$4.9M	0.01%	17,541	Common	SHARED
291011104	EMR	EMERSON ELEC CO COM	$4.8M	0.01%	36,739	Common	SHARED
452308109	ITW	ILLINOIS TOOL WKS INC COM	$4.8M	0.01%	18,335	Common	SHARED
14448C104	CARR	CARRIER GLOBAL CORPORATION COM	$4.7M	0.01%	79,320	Common	SHARED
126408103	CSX	CSX CORP COM	$4.7M	0.01%	132,000	Common	SHARED
29273V100	ET	ENERGY TRANSFER L P COM UT LTD PTN	$4.2M	0.01%	245,013	Common	SHARED
983134107	WYNN	WYNN RESORTS LTD COM	$3.9M	0.01%	30,750	Common	SHARED
92532F100	VRTX	VERTEX PHARMACEUTICALS INC COM	$3.9M	0.01%	10,058	Common	SHARED
66987V109	NVS	NOVARTIS AG SPONSORED ADR	$3.6M	0.01%	27,952	Common	SHARED
29444U700	EQIX	EQUINIX INC COM	$3.5M	0.01%	4,423	Common	SHARED
35137L204	FOX	FOX CORP CL B COM	$3.2M	0.01%	56,111	Common	SHARED
007903107	AMD	ADVANCED MICRO DEVICES INC COM	$3.0M	0.01%	18,280	Common	SHARED
88160R101	TSLA	TESLA INC COM	$2.9M	0.01%	6,421	Common	SHARED
26142V105	DKNG	DRAFTKINGS INC NEW COM CL A	$2.8M	0.01%	75,500	Common	SHARED
98850P109	YUMC	YUM CHINA HLDGS INC COM	$2.8M	0.01%	64,686	Common	SHARED
369604301	GE	GE AEROSPACE COM NEW	$2.7M	0.01%	8,996	Common	SHARED
G5960L103	MDT	MEDTRONIC PLC SHS	$2.7M	0.01%	28,123	Common	SHARED
369550108	GD	GENERAL DYNAMICS CORP COM	$2.6M	0.01%	7,760	Common	SHARED
032095101	APH	AMPHENOL CORP NEW CL A	$2.6M	0.01%	21,231	Common	SHARED
060505104	BAC	BANK AMERICA CORP COM	$2.6M	0.01%	49,666	Common	SHARED
231021106	CMI	CUMMINS INC COM	$2.5M	0.01%	5,975	Common	SHARED
38141G104	GS	GOLDMAN SACHS GROUP INC COM	$2.5M	0.01%	3,149	Common	SHARED
05601U105	BRCC	BRC INC COM CL A	$2.5M	0.01%	1,574,529	Common	SHARED
512807306	LRCX	LAM RESEARCH CORP COM NEW	$2.4M	0.01%	17,834	Common	SHARED
17275R102	CSCO	CISCO SYS INC COM	$2.3M	0.01%	33,793	Common	SHARED
194162103	CL	COLGATE PALMOLIVE CO COM	$2.3M	0.01%	28,588	Common	SHARED
819047101	SHAK	SHAKE SHACK INC CL A	$2.2M	0.01%	23,718	Common	SHARED
55336V100	MPLX	MPLX LP COM UNIT REP LTD	$2.1M	0.00%	42,775	Common	SHARED
857477103	STT	STATE STR CORP COM	$2.1M	0.00%	18,011	Common	SHARED
35671D857	FCX	FREEPORT-MCMORAN INC CL B	$2.1M	0.00%	52,490	Common	SHARED
876030107	TPR	TAPESTRY INC COM	$2.0M	0.00%	18,066	Common	SHARED
133131102	CPT	CAMDEN PPTY TR SH BEN INT	$2.0M	0.00%	18,950	Common	SHARED
89417E109	TRV	TRAVELERS COMPANIES INC COM	$2.0M	0.00%	7,113	Common	SHARED
94106L109	WM	WASTE MGMT INC DEL COM	$2.0M	0.00%	8,899	Common	SHARED
883556102	TMO	THERMO FISHER SCIENTIFIC INC COM	$1.9M	0.00%	3,967	Common	SHARED
922908363	VOO	VANGUARD INDEX FDS S&P 500 ETF SHS	$1.9M	0.00%	3,129	Common	SHARED
548661107	LOW	LOWES COS INC COM	$1.9M	0.00%	7,409	Common	SHARED
038222105	AMAT	APPLIED MATLS INC COM	$1.8M	0.00%	9,000	Common	SHARED
574599106	MAS	MASCO CORP COM	$1.8M	0.00%	25,895	Common	SHARED
806857108	SLB	SCHLUMBERGER LTD COM STK	$1.8M	0.00%	52,518	Common	SHARED
64110L106	NFLX	NETFLIX INC COM	$1.7M	0.00%	1,415	Common	SHARED
337738108	FISV	FISERV INC COM	$1.7M	0.00%	13,049	Common	SHARED
235851102	DHR	DANAHER CORPORATION COM	$1.6M	0.00%	8,299	Common	SHARED
871829107	SYY	SYSCO CORP COM	$1.6M	0.00%	19,835	Common	SHARED
228368106	CCK	CROWN HLDGS INC COM	$1.6M	0.00%	16,200	Common	SHARED
45168D104	IDXX	IDEXX LABS INC COM	$1.5M	0.00%	2,404	Common	SHARED
629377508	NRG	NRG ENERGY INC COM NEW	$1.5M	0.00%	9,147	Common	SHARED
751212101	RL	RALPH LAUREN CORP CL A	$1.4M	0.00%	4,580	Common	SHARED
75886F107	REGN	REGENERON PHARMACEUTICALS COM	$1.4M	0.00%	2,550	Common	SHARED
344419106	FMX	FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS	$1.4M	0.00%	13,932	Common	SHARED
03076C106	AMP	AMERIPRISE FINL INC COM	$1.3M	0.00%	2,728	Common	SHARED
09857L108	BKNG	BOOKING HOLDINGS INC COM	$1.3M	0.00%	244	Common	SHARED
464287846	IYY	ISHARES TR DOW JONES US ETF	$1.3M	0.00%	8,000	Common	SHARED
87612G101	TRGP	TARGA RES CORP COM	$1.3M	0.00%	7,614	Common	SHARED
21036P108	STZ	CONSTELLATION BRANDS INC CL A	$1.2M	0.00%	9,100	Common	SHARED
053332102	AZO	AUTOZONE INC COM	$1.2M	0.00%	277	Common	SHARED
91913Y100	VLO	VALERO ENERGY CORP COM	$1.2M	0.00%	6,921	Common	SHARED
655844108	NSC	NORFOLK SOUTHN CORP COM	$1.2M	0.00%	3,898	Common	SHARED
958669103	WES	WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT	$1.0M	0.00%	26,490	Common	SHARED
45826H109	ITGR	INTEGER HLDGS CORP COM	$1.0M	0.00%	10,000	Common	SHARED
497266106	KEX	KIRBY CORP COM	$1.0M	0.00%	12,278	Common	SHARED
410120109	HWC	HANCOCK WHITNEY CORPORATION COM	$1.0M	0.00%	16,347	Common	SHARED
00206R102	T	AT&T INC COM	$1.0M	0.00%	36,221	Common	SHARED
969457100	WMB	WILLIAMS COS INC COM	$1.0M	0.00%	16,085	Common	SHARED
988498101	YUM	YUM BRANDS INC COM	$1.0M	0.00%	6,675	Common	SHARED
24703L202	DELL	DELL TECHNOLOGIES INC CL C	$984,167	0.00%	6,942	Common	SHARED
45857P806	IHG	INTERCONTINENTAL HOTELS GROU SPONSORED ADS	$979,175	0.00%	8,075	Common	SHARED
666807102	NOC	NORTHROP GRUMMAN CORP COM	$937,743	0.00%	1,539	Common	SHARED
494368103	KMB	KIMBERLY-CLARK CORP COM	$930,436	0.00%	7,483	Common	SHARED
573284106	MLM	MARTIN MARIETTA MATLS INC COM	$925,251	0.00%	1,468	Common	SHARED
224408104	CR	CRANE COMPANY COMMON STOCK	$911,309	0.00%	4,949	Common	SHARED
464287606	IJK	ISHARES TR S&P MC 400GR ETF	$886,887	0.00%	9,249	Common	SHARED
863667101	SYK	STRYKER CORPORATION COM	$886,838	0.00%	2,399	Common	SHARED
697435105	PANW	PALO ALTO NETWORKS INC COM	$877,602	0.00%	4,310	Common	SHARED
74624M102	P	PURE STORAGE INC CL A	$838,100	0.00%	10,000	Common	SHARED
67103H107	ORLY	OREILLY AUTOMOTIVE INC COM	$823,129	0.00%	7,635	Common	SHARED
28176E108	EW	EDWARDS LIFESCIENCES CORP COM	$814,796	0.00%	10,477	Common	SHARED
219350105	GLW	CORNING INC COM	$788,554	0.00%	9,613	Common	SHARED
872540109	TJX	TJX COS INC NEW COM	$786,876	0.00%	5,444	Common	SHARED
904767704	—	UNILEVER PLC SPON ADR NEW	$784,689	0.00%	13,237	Common	SHARED
921943858	VEA	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT	$745,644	0.00%	12,444	Common	SHARED
45841N107	IBKR	INTERACTIVE BROKERS GROUP IN COM CL A	$738,744	0.00%	10,736	Common	SHARED
35137L105	FOXA	FOX CORP CL A COM	$679,849	0.00%	10,781	Common	SHARED
278865100	ECL	ECOLAB INC COM	$652,335	0.00%	2,382	Common	SHARED
M2682V108	CYBR	CYBERARK SOFTWARE LTD SHS	$651,286	0.00%	1,348	Common	SHARED
79466L302	CRM	SALESFORCE INC COM	$647,247	0.00%	2,731	Common	SHARED
H2906T109	GRMN	GARMIN LTD SHS	$646,820	0.00%	2,627	Common	SHARED
370334104	GIS	GENERAL MLS INC COM	$641,090	0.00%	12,715	Common	SHARED
384802104	GWW	GRAINGER W W INC COM	$625,142	0.00%	656	Common	SHARED
229899109	CFR	CULLEN FROST BANKERS INC COM	$613,820	0.00%	4,842	Common	SHARED
620076307	MSI	MOTOROLA SOLUTIONS INC COM NEW	$613,226	0.00%	1,341	Common	SHARED
573874104	MRVL	MARVELL TECHNOLOGY INC COM	$606,229	0.00%	7,211	Common	SHARED
72651A207	PAGP	PLAINS GP HLDGS L P LTD PARTNR INT A	$605,805	0.00%	33,213	Common	SHARED
040413205	ANET	ARISTA NETWORKS INC COM SHS	$584,880	0.00%	4,014	Common	SHARED
36266G107	GEHC	GE HEALTHCARE TECHNOLOGIES I COMMON STOCK	$574,515	0.00%	7,650	Common	SHARED
704326107	PAYX	PAYCHEX INC COM	$573,335	0.00%	4,523	Common	SHARED
615369105	MCO	MOODYS CORP COM	$571,776	0.00%	1,200	Common	SHARED
784117103	SEIC	SEI INVTS CO COM	$566,374	0.00%	6,675	Common	SHARED
747525103	QCOM	QUALCOMM INC COM	$565,624	0.00%	3,400	Common	SHARED
26969P108	EXP	EAGLE MATLS INC COM	$565,122	0.00%	2,425	Common	SHARED
464287200	IVV	ISHARES TR CORE S&P500 ETF	$558,620	0.00%	835	Common	SHARED
816300107	SIGI	SELECTIVE INS GROUP INC COM	$555,005	0.00%	6,846	Common	SHARED
40637H109	HALO	HALOZYME THERAPEUTICS INC COM	$550,050	0.00%	7,500	Common	SHARED
69608A108	PLTR	PALANTIR TECHNOLOGIES INC CL A	$545,069	0.00%	2,988	Common	SHARED
743606105	PB	PROSPERITY BANCSHARES INC COM	$543,274	0.00%	8,188	Common	NONE
14040H105	COF	CAPITAL ONE FINL CORP COM	$537,402	0.00%	2,528	Common	SHARED
126650100	CVS	CVS HEALTH CORP COM	$521,171	0.00%	6,913	Common	SHARED
101137107	BSX	BOSTON SCIENTIFIC CORP COM	$520,075	0.00%	5,327	Common	SHARED
92343V104	VZ	VERIZON COMMUNICATIONS INC COM	$513,336	0.00%	11,680	Common	SHARED
142339100	CSL	CARLISLE COS INC COM	$508,243	0.00%	1,545	Common	SHARED
H01301128	ALC	Alcon, Inc.	$499,887	0.00%	6,709	Common	SHARED
22788C105	CRWD	CROWDSTRIKE HLDGS INC CL A	$490,380	0.00%	1,000	Common	SHARED
56501R106	MFC	MANULIFE FINL CORP COM	$485,722	0.00%	15,593	Common	SHARED
65249B109	NWSA	NEWS CORP NEW CL A	$482,577	0.00%	15,714	Common	SHARED
911363109	URI	UNITED RENTALS INC COM	$477,330	0.00%	500	Common	SHARED
058498106	BALL	BALL CORP COM	$473,948	0.00%	9,400	Common	SHARED
039483102	ADM	ARCHER DANIELS MIDLAND CO COM	$465,972	0.00%	7,800	Common	SHARED
872590104	TMUS	T-MOBILE US INC COM	$465,594	0.00%	1,945	Common	SHARED
464287705	IJJ	ISHARES TR S&P MC 400VL ETF	$457,393	0.00%	3,526	Common	SHARED
172908105	CTAS	CINTAS CORP COM	$454,856	0.00%	2,216	Common	SHARED
134429109	CPB	THE CAMPBELLS COMPANY COM	$442,120	0.00%	14,000	Common	SHARED
739128106	POWL	POWELL INDS INC COM	$441,975	0.00%	1,450	Common	SHARED
892356106	TSCO	TRACTOR SUPPLY CO COM	$435,340	0.00%	7,655	Common	SHARED
701094104	PH	PARKER-HANNIFIN CORP COM	$434,420	0.00%	573	Common	SHARED
14316J108	CG	CARLYLE GROUP INC COM	$429,432	0.00%	6,849	Common	SHARED
464287648	IWO	ISHARES TR RUS 2000 GRW ETF	$420,533	0.00%	1,314	Common	SHARED
36828A101	GEV	GE VERNOVA INC COM	$419,362	0.00%	682	Common	SHARED
G8994E103	TT	TRANE TECHNOLOGIES PLC SHS	$415,631	0.00%	985	Common	SHARED
98419M100	XYL	XYLEM INC COM	$407,690	0.00%	2,764	Common	SHARED
406216101	HAL	HALLIBURTON CO COM	$406,884	0.00%	16,540	Common	SHARED
595112103	MU	MICRON TECHNOLOGY INC COM	$404,914	0.00%	2,420	Common	SHARED
43300A203	HLT	HILTON WORLDWIDE HLDGS INC COM	$400,316	0.00%	1,543	Common	SHARED
65339F101	NEE	NEXTERA ENERGY INC COM	$399,342	0.00%	5,290	Common	SHARED
665859104	NTRS	NORTHERN TR CORP COM	$384,687	0.00%	2,858	Common	SHARED
46434G103	IEMG	ISHARES INC CORE MSCI EMKT	$383,127	0.00%	5,812	Common	SHARED
372460105	GPC	GENUINE PARTS CO COM	$374,220	0.00%	2,700	Common	NONE
16411Q101	CQP	CHENIERE ENERGY PARTNERS LP COM UNIT	$367,537	0.00%	6,829	Common	SHARED
26614N102	DD	DUPONT DE NEMOURS INC COM	$367,532	0.00%	4,718	Common	SHARED
025537101	AEP	AMERICAN ELEC PWR CO INC COM	$365,625	0.00%	3,250	Common	SHARED
928031103	VABK	VIRGINIA NATL BANKSHARES COR COM	$364,892	0.00%	9,402	Common	SHARED
11040G103	VTOL	BRISTOW GROUP INC COM	$360,800	0.00%	10,000	Common	SHARED
00846U101	A	AGILENT TECHNOLOGIES INC COM	$349,625	0.00%	2,724	Common	SHARED
464287655	IWM	ISHARES TR RUSSELL 2000 ETF	$339,470	0.00%	1,403	Common	SHARED
73278L105	POOL	POOL CORP COM	$338,286	0.00%	1,091	Common	SHARED
30260D103	FIGS	FIGS INC CL A	$334,500	0.00%	50,000	Common	SHARED
09062X103	BIIB	BIOGEN INC COM	$322,184	0.00%	2,300	Common	SHARED
224441105	CXT	CRANE NXT CO COM	$315,162	0.00%	4,699	Common	SHARED
482480100	KLAC	KLA CORP COM NEW	$314,951	0.00%	292	Common	SHARED
37045V100	GM	GENERAL MTRS CO COM	$310,764	0.00%	5,097	Common	SHARED
311900104	FAST	FASTENAL CO COM	$294,240	0.00%	6,000	Common	SHARED
571748102	MRSH	MARSH & MCLENNAN COS INC COM	$292,219	0.00%	1,450	Common	SHARED
647551100	NMFC	NEW MTN FIN CORP COM	$291,822	0.00%	30,272	Common	SHARED
084423102	WRB	BERKLEY W R CORP COM	$279,586	0.00%	3,649	Common	SHARED
464287481	IWP	ISHARES TR RUS MD CP GR ETF	$270,009	0.00%	1,896	Common	SHARED
58733R102	MELI	MERCADOLIBRE INC COM	$268,748	0.00%	115	Common	SHARED
25278X109	FANG	DIAMONDBACK ENERGY INC COM	$268,313	0.00%	1,875	Common	SHARED
G6564A105	NOMD	NOMAD FOODS LTD USD ORD SHS	$263,000	0.00%	20,000	Common	SHARED
674599105	OXY	OCCIDENTAL PETE CORP COM	$257,560	0.00%	5,451	Common	SHARED
78467X109	DIA	SPDR DOW JONES INDL AVERAGE UT SER 1	$255,057	0.00%	550	Common	SHARED
78468R663	BIL	SPDR SERIES TRUST BLOOMBERG 1-3 MO	$241,761	0.00%	2,635	Common	SHARED
12740C103	CADE	CADENCE BANK COM	$241,570	0.00%	6,435	Common	SHARED
960417103	WLKP	WESTLAKE CHEM PARTNERS LP COM UNIT RP LP	$241,385	0.00%	11,500	Common	SHARED
44267T102	HHH	HOWARD HUGHES HOLDINGS INC COM	$240,840	0.00%	2,931	Common	SHARED
29250N105	ENB	ENBRIDGE INC COM	$238,474	0.00%	4,726	Common	SHARED
842587107	SO	SOUTHERN CO COM	$236,925	0.00%	2,500	Common	SHARED
46284V101	IRM	IRON MTN INC DEL COM	$232,423	0.00%	2,280	Common	SHARED
46432F842	IEFA	ISHARES TR CORE MSCI EAFE	$223,514	0.00%	2,560	Common	SHARED
46432F339	QUAL	ISHARES TR MSCI USA QLT FCT	$223,481	0.00%	1,149	Common	SHARED
01877R108	ARLP	ALLIANCE RESOURCE PARTNERS L UT LTD PART	$222,508	0.00%	8,800	Common	SHARED
776696106	ROP	ROPER TECHNOLOGIES INC COM	$216,431	0.00%	434	Common	SHARED
68622V106	OGN	ORGANON & CO COMMON STOCK	$210,364	0.00%	19,697	Common	SHARED
693506107	PPG	PPG INDS INC COM	$210,220	0.00%	2,000	Common	SHARED
390607109	GLDD	GREAT LAKES DREDGE & DOCK CO COM	$209,969	0.00%	17,512	Common	SHARED
464287622	IWB	ISHARES TR RUS 1000 ETF	$207,563	0.00%	568	Common	SHARED
G51502105	JCI	JOHNSON CTLS INTL PLC SHS	$206,376	0.00%	1,877	Common	SHARED
363576109	AJG	GALLAGHER ARTHUR J & CO COM	$204,119	0.00%	659	Common	SHARED
88224Q107	TCBI	TEXAS CAP BANCSHARES INC COM	$202,872	0.00%	2,400	Common	SHARED
68628V308	ORN	ORION GROUP HLDGS INC COM	$163,688	0.00%	19,674	Common	SHARED
68339B104	ONTF	ON24 INC COM	$93,968	0.00%	16,428	Common	SHARED
63909J108	NAUT	NAUTILUS BIOTECHNOLOGY INC COM	$38,021	0.00%	45,000	Common	SHARED

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.