Academy Capital Management
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Academy Capital Management reported 37 stock positions worth $699.4 million. Its top holding was Apple (AAPL) at 10.0% of the portfolio, followed by Alphabet Class C (GOOG, 8.2%) and Amazon.com (AMZN, 7.7%). Compared with Q4 2025, it opened 3 new positions, sold out of 7, added to 4 and reduced 23. The biggest buy was a new position in Adyen NV-Unspon ADR (ADYEY) and the biggest sale Microsoft (MSFT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- WACO, TX
- CIK
- 0001031972
- Portfolio Value
- $699.4M (Q1 2026)
- SEC Filing
- 0001031972-26-000003 ↗ filed May 14, 2026
Holdings Value
Holdings 37 stocks · $699.4M
| AAPL Apple Inc. | 10.03% | 276,278 | $70.1M | Reduce -3.6% |
| GOOG Alphabet Inc. Class C | 8.23% | 200,718 | $57.6M | Reduce -3.4% |
| AMZN Amazon.com Inc. | 7.66% | 257,131 | $53.6M | Reduce -3.1% |
| TSM Taiwan Semiconductor-SP ADR | 7.25% | 150,105 | $50.7M | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 7.21% | 105,172 | $50.4M | Reduce -2.7% |
| META Meta Platforms Inc. Class A | 7.18% | 87,781 | $50.2M | Reduce -3.1% |
| MA Mastercard Inc. Class A | 7.03% | 98,471 | $49.2M | Reduce -3.2% |
| MSFT Microsoft Corp. | 6.74% | 127,382 | $47.2M | Reduce -3.0% |
| GOOGL Alphabet Inc. Class A | 6.67% | 162,287 | $46.7M | Reduce -3.4% |
| PRI Primerica Inc. | 4.65% | 129,888 | $32.5M | Reduce -1.8% |
| ZTS Zoetis Inc. | 3.86% | 228,330 | $27.0M | Reduce -2.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 3.78% | 719,230 | $26.4M | Add +96.6% |
| POOL Pool Corp. | 3.56% | 123,159 | $24.9M | Add +84.3% |
| UNH Unitedhealth Group Inc. | 3.28% | 84,827 | $23.0M | Reduce -1.4% |
| IDXX Idexx Laboratories Inc. | 2.76% | 34,319 | $19.3M | Reduce -2.6% |
| SPGI S&P Global Inc. | 2.50% | 41,151 | $17.5M | Add +110.7% |
| ADYEY Adyen NV-Unspon ADR | 1.80% | 1,265,437 | $12.6M | New |
| LVMUY LVMH Moet Hennessy-Unsp ADR | 1.62% | 103,466 | $11.3M | Reduce -10.0% |
| XOM Exxon Mobil Corp. | 1.10% | 45,384 | $7.7M | Reduce -0.3% |
| C Citigroup Inc. | 0.91% | 56,000 | $6.4M | Reduce -9.8% |
| BABA Alibaba Group Holding-SP ADR | 0.46% | 25,633 | $3.2M | Reduce -9.2% |
| NSRGY Nestle SA-Spons ADR | 0.43% | 30,523 | $3.0M | Reduce -10.3% |
| TRV The Travelers Cos Inc. | 0.40% | 9,617 | $2.8M | Reduce -9.4% |
| HBAN Huntington Bancshares Inc. | 0.12% | 51,851 | $811K | New |
| V Visa Inc. Class A | 0.11% | 2,502 | $756K | Add +19.4% |
| GLW Corning Inc. | 0.10% | 5,215 | $709K | No change |
| PEP Pepsico Inc. | 0.10% | 4,481 | $696K | Reduce -66.7% |
| NEE Nextera Energy Inc. | 0.09% | 7,016 | $652K | No change |
| NFLX Netflix Inc. | 0.08% | 5,800 | $558K | No change |
| JNJ Johnson & Johnson | 0.06% | 1,823 | $446K | No change |
| RTX RTX Corp. | 0.05% | 1,956 | $377K | No change |
| CVX Chevron Corp. | 0.05% | 1,745 | $361K | Reduce -41.3% |
| MRK Merck & Co. Inc. | 0.04% | 2,469 | $297K | Reduce -2.2% |
| STEL Stellar Bancorp Inc. | 0.04% | 7,033 | $257K | Reduce -79.7% |
| BHC Bausch Health Cos Inc. | 0.03% | 42,288 | $228K | No change |
| F Ford Motor Co. filed as FORD MTR CO | 0.00% | 1,551 | $18K | New |
| PVCT Provectus Biopharmaceutica-A | 0.00% | 20,000 | $1K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -3.0% | 6.74% | −1.70 |
| META Meta Platforms Inc. Class A | Reduce -3.1% | 7.18% | −0.76 |
| LVMUY LVMH Moet Hennessy-Unsp ADR | Reduce -10.0% | 1.62% | −0.69 |
| MA Mastercard Inc. Class A | Reduce -3.2% | 7.03% | −0.68 |
| UNH Unitedhealth Group Inc. | Reduce -1.4% | 3.28% | −0.49 |
| AMZN Amazon.com Inc. | Reduce -3.1% | 7.66% | −0.48 |
| GOOG Alphabet Inc. Class C | Reduce -3.4% | 8.23% | −0.43 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.43 |
| IDXX Idexx Laboratories Inc. | Reduce -2.6% | 2.76% | −0.41 |
| AAPL Apple Inc. | Reduce -3.6% | 10.03% | −0.33 |
| GOOGL Alphabet Inc. Class A | Reduce -3.4% | 6.67% | −0.32 |
| PEP Pepsico Inc. | Reduce -66.7% | 0.10% | −0.16 |
| CADE Cadence Bank | Sold out | 0.00% | −0.12 |
| STEL Stellar Bancorp Inc. | Reduce -79.7% | 0.04% | −0.11 |
| BABA Alibaba Group Holding-SP ADR | Reduce -9.2% | 0.46% | −0.09 |
| ZTS Zoetis Inc. | Reduce -2.6% | 3.86% | −0.06 |
| C Citigroup Inc. | Reduce -9.8% | 0.91% | −0.05 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.04 |
| LUV Southwest Airlines Co. | Sold out | 0.00% | −0.04 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.03 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.7% | 7.21% | −0.02 |
| NSRGY Nestle SA-Spons ADR | Reduce -10.3% | 0.43% | −0.01 |
| CVX Chevron Corp. | Reduce -41.3% | 0.05% | −0.01 |
| TRV The Travelers Cos Inc. | Reduce -9.4% | 0.40% | −0.01 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -2.2% | 0.04% | +0.01 |
| PRI Primerica Inc. | Reduce -1.8% | 4.65% | +0.11 |
| XOM Exxon Mobil Corp. | Reduce -0.3% | 1.10% | +0.37 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -2.8% | 7.25% | +1.02 |
Portfolio Buys Q4 2025 → Q1 2026
| ADYEY Adyen NV-Unspon ADR | New | 1.80% | +1.80 |
| POOL Pool Corp. | Add +84.3% | 3.56% | +1.53 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +96.6% | 3.78% | +1.31 |
| SPGI S&P Global Inc. | Add +110.7% | 2.50% | +1.15 |
| HBAN Huntington Bancshares Inc. | New | 0.12% | +0.12 |
| V Visa Inc. Class A | Add +19.4% | 0.11% | +0.01 |
| F Ford Motor Co. | New | 0.00% | +0.00 |
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 |