Academy Capital Management
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Academy Capital Management reported 32 stock positions worth $528.5 million. Its top holding was Microsoft (MSFT) at 12.0% of the portfolio, followed by Apple (AAPL, 11.2%) and Mastercard Class A (MA, 11.0%). Compared with Q4 2023, it sold out of 2, added to 8 and reduced 17. The biggest buy was Pepsico (PEP, shares +8%) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- WACO, TX
- CIK
- 0001031972
- Portfolio Value
- $528.5M (Q1 2024)
- SEC Filing
- 0001031972-24-000002 ↗ filed May 13, 2024
Holdings Value
Holdings 32 stocks · $528.5M
| MSFT Microsoft Corp. | 11.98% | 150,424 | $63.3M | Reduce -0.6% |
| AAPL Apple Inc. | 11.24% | 346,521 | $59.4M | Reduce -1.5% |
| MA Mastercard Inc. Class A | 11.04% | 121,166 | $58.3M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 9.87% | 289,053 | $52.1M | Reduce -0.4% |
| META Meta Platforms Inc. Class A | 9.18% | 99,957 | $48.5M | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 9.02% | 113,362 | $47.7M | Reduce -0.0% |
| GOOG Alphabet Inc. Class C | 6.78% | 235,236 | $35.8M | Reduce -2.3% |
| PRI Primerica Inc. | 6.74% | 140,705 | $35.6M | Reduce -0.0% |
| GOOGL Alphabet Inc. Class A | 5.13% | 179,595 | $27.1M | Add +0.9% |
| IDXX Idexx Laboratories Inc. | 3.51% | 34,380 | $18.6M | Reduce -0.2% |
| NSRGY Nestle SA-Spons ADR | 3.25% | 161,758 | $17.2M | Reduce -0.2% |
| PEP Pepsico Inc. | 2.88% | 87,102 | $15.2M | Add +7.6% |
| LVMUY LVMH Moet Hennessy-Unsp ADR | 1.72% | 50,207 | $9.1M | Reduce -0.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.58% | 61,466 | $8.4M | Reduce -0.1% |
| SPGI S&P Global Inc. | 1.50% | 18,584 | $7.9M | Reduce -0.2% |
| POOL Pool Corp. | 1.30% | 16,978 | $6.9M | Reduce -0.1% |
| C Citigroup Inc. | 0.93% | 77,627 | $4.9M | Reduce -50.8% |
| BABA Alibaba Group Holding-SP ADR | 0.52% | 38,189 | $2.8M | Add +0.2% |
| CME Cme Group Inc. | 0.49% | 12,107 | $2.6M | Add +0.1% |
| TRV The Travelers Cos Inc. | 0.33% | 7,552 | $1.7M | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.22% | 10,154 | $1.2M | No change |
| STEL Stellar Bancorp Inc. | 0.17% | 37,571 | $915K | Reduce -1.8% |
| NEE Nextera Energy Inc. | 0.12% | 9,771 | $624K | Add +1.3% |
| CADE Cadence Bank | 0.12% | 20,950 | $608K | No change |
| BHC Bausch Health Cos Inc. | 0.09% | 42,766 | $454K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 813 | $425K | Reduce -6.5% |
| NFLX Netflix Inc. | 0.07% | 580 | $352K | No change |
| JEPI JPMorgan Equity Premium Inco | 0.05% | 4,411 | $255K | No change |
| V Visa Inc. Class A | 0.04% | 829 | $231K | Add +3.2% |
| UNH Unitedhealth Group Inc. | 0.04% | 441 | $218K | Add +2.1% |
| NHHS Northstar Healthcare Income | 0.01% | 22,895 | $60K | No change |
| PVCT Provectus Biopharmaceutica-A | 0.00% | 20,000 | $4K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -1.5% | 11.24% | −2.52 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −1.25 |
| C Citigroup Inc. | Reduce -50.8% | 0.93% | −0.72 |
| NSRGY Nestle SA-Spons ADR | Reduce -0.2% | 3.25% | −0.56 |
| IDXX Idexx Laboratories Inc. | Reduce -0.2% | 3.51% | −0.37 |
| SPGI S&P Global Inc. | Reduce -0.2% | 1.50% | −0.17 |
| GOOG Alphabet Inc. Class C | Reduce -2.3% | 6.78% | −0.12 |
| POOL Pool Corp. | Reduce -0.1% | 1.30% | −0.08 |
| STEL Stellar Bancorp Inc. | Reduce -1.8% | 0.17% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.5% | 0.08% | −0.00 |
| TLLTF Tilt Holdings Inc. | Sold out | 0.00% | −0.00 |
| LVMUY LVMH Moet Hennessy-Unsp ADR | Reduce -0.1% | 1.72% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.1% | 1.58% | +0.28 |
| MSFT Microsoft Corp. | Reduce -0.6% | 11.98% | +0.41 |
| MA Mastercard Inc. Class A | Reduce -1.2% | 11.04% | +0.41 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.0% | 9.02% | +0.80 |
| PRI Primerica Inc. | Reduce -0.0% | 6.74% | +0.85 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 9.87% | +0.91 |
| META Meta Platforms Inc. Class A | Reduce -0.3% | 9.18% | +1.97 |
Portfolio Buys Q4 2023 → Q1 2024
| PEP Pepsico Inc. | Add +7.6% | 2.88% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +0.9% | 5.13% | +0.08 |
| TRV The Travelers Cos Inc. | Add +0.2% | 0.33% | +0.04 |
| V Visa Inc. Class A | Add +3.2% | 0.04% | +0.00 |
| NEE Nextera Energy Inc. | Add +1.3% | 0.12% | −0.00 |
| UNH Unitedhealth Group Inc. | Add +2.1% | 0.04% | −0.00 |
| CME Cme Group Inc. | Add +0.1% | 0.49% | −0.02 |
| BABA Alibaba Group Holding-SP ADR | Add +0.2% | 0.52% | −0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 36 | $756.3M | AAPL, TSM, GOOG, AMZN, GOOGL |
| Q1 2026 | 37 | $699.4M | AAPL, GOOG, AMZN, TSM, BRK.B |
| Q4 2025 | 41 | $752.5M | AAPL, GOOG, MSFT, AMZN, META |
| Q3 2025 | 41 | $701.4M | AAPL, MSFT, META, AMZN, MA |
| Q2 2025 | 40 | $700.1M | MSFT, META, AAPL, AMZN, MA |
| Q1 2025 | 39 | $579.5M | AAPL, MA, BRK.B, META, MSFT |
| Q4 2024 | 41 | $611.9M | AAPL, MSFT, AMZN, MA, META |
| Q3 2024 | 32 | $577.4M | AAPL, MSFT, MA, META, AMZN |
| Q2 2024 | 34 | $554.2M | AAPL, MSFT, AMZN, MA, META |
| Q1 2024 | 32 | $528.5M | MSFT, AAPL, MA, AMZN, META |