Baugh & Associates, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Baugh & Associates, LLC reported 39 stock positions worth $197.7 million. Its top holding was Microsoft (MSFT) at 8.1% of the portfolio, followed by Apple (AAPL, 7.5%) and Costco Wholesale (COST, 5.2%). Compared with Q4 2024, it opened 2 new positions, sold out of 2, added to 14 and reduced 21. The biggest buy was Intel (INTC, shares +70%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001730818
- Portfolio Value
- $197.7M (Q1 2025)
- SEC Filing
- 0001085146-25-002292 ↗ filed Apr 23, 2025
Holdings Value
Holdings 39 stocks · $197.7M
| MSFT Microsoft Corp. | 8.15% | 44,111 | $16.1M | Add +0.2% |
| AAPL Apple Inc. | 7.54% | 69,836 | $14.9M | Reduce -0.7% |
| COST Costco Wholesale Corp. | 5.24% | 11,341 | $10.3M | Reduce -0.8% |
| HD Home Depot Inc. | 4.84% | 27,078 | $9.6M | Add +8.1% |
| ABBV Abbvie Inc. | 4.58% | 44,957 | $9.1M | Reduce -0.5% |
| LOW Lowe's Cos Inc. | 4.32% | 38,083 | $8.5M | Add +6.1% |
| WMT Walmart Inc. | 4.31% | 100,743 | $8.5M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 4.26% | 35,256 | $8.4M | Reduce -0.3% |
| MS Morgan Stanley | 3.92% | 69,280 | $7.7M | Reduce -0.5% |
| ABT Abbott Laboratories | 3.62% | 56,725 | $7.2M | Reduce -0.3% |
| NEE Nextera Energy Inc. | 3.24% | 95,158 | $6.4M | Add +0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.99% | 149,646 | $5.9M | Reduce -0.4% |
| MO Altria Group Inc. | 2.99% | 103,089 | $5.9M | Add +15.1% |
| CVX Chevron Corp. | 2.83% | 34,962 | $5.6M | Reduce -0.5% |
| VZ Verizon Communications Inc. | 2.80% | 127,484 | $5.5M | Reduce -0.5% |
| SO The Southern Co. | 2.76% | 61,486 | $5.4M | Reduce -0.0% |
| TFC Truist Financial Corp. | 2.69% | 135,027 | $5.3M | Reduce -0.4% |
| MRK Merck & Co. Inc. | 2.63% | 60,897 | $5.2M | Add +19.9% |
| JNJ Johnson & Johnson | 2.56% | 32,067 | $5.1M | Add +0.3% |
| ARCC Ares Capital Corp. | 2.54% | 236,474 | $5.0M | Add +0.1% |
| COP Conocophillips | 2.52% | 49,534 | $5.0M | Reduce -0.6% |
| INTC Intel Corp. | 2.40% | 218,372 | $4.7M | Add +70.5% |
| QCOM Qualcomm Inc. | 2.40% | 32,364 | $4.7M | Add +20.7% |
| PFE Pfizer Inc. | 2.38% | 194,651 | $4.7M | Add +0.3% |
| XOM Exxon Mobil Corp. | 2.20% | 38,203 | $4.3M | Reduce -0.3% |
| O Realty Income Corp. | 2.18% | 77,783 | $4.3M | Reduce -1.1% |
| PEP Pepsico Inc. | 2.16% | 29,920 | $4.3M | Reduce -0.1% |
| EMR Emerson Electric Co. | 1.23% | 22,739 | $2.4M | Reduce -0.7% |
| ET Energy Transfer LP | 1.05% | 119,000 | $2.1M | Add +39.4% |
| ASML ASML Holding NV-NY Reg SHS | 0.99% | 3,118 | $1.9M | New |
| SVC Service Pptys TR | 0.34% | 267,467 | $679K | Reduce -0.9% |
| PGR Progressive Corp. | 0.23% | 1,575 | $446K | Reduce -4.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 1,527 | $380K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.19% | 794 | $366K | Add +0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.18% | 664 | $357K | Reduce -0.5% |
| KO The Coca-Cola Co. | 0.17% | 4,682 | $331K | Add +2.2% |
| SDY SS SPDR S&P Dividend ETF | 0.16% | 2,338 | $308K | Reduce -4.0% |
| IWF iShares Russell 1000 Growth | 0.13% | 690 | $249K | No change |
| TMUS T-Mobile US Inc. | 0.11% | 804 | $214K | New |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -0.7% | 7.54% | −1.28 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.79 |
| MS Morgan Stanley | Reduce -0.5% | 3.92% | −0.46 |
| WMT Walmart Inc. | Reduce -0.6% | 4.31% | −0.29 |
| BAC Bank of America Corp. | Reduce -0.4% | 2.99% | −0.27 |
| TFC Truist Financial Corp. | Reduce -0.4% | 2.69% | −0.24 |
| EMR Emerson Electric Co. | Reduce -0.7% | 1.23% | −0.21 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.11 |
| PEP Pepsico Inc. | Reduce -0.1% | 2.16% | −0.10 |
| JPM JPMorgan Chase & Co. | Reduce -0.3% | 4.26% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -0.8% | 5.24% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.5% | 0.18% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -4.0% | 0.16% | −0.01 |
| SVC Service Pptys TR | Reduce -0.9% | 0.34% | −0.00 |
| PGR Progressive Corp. | Reduce -4.5% | 0.23% | +0.02 |
| COP Conocophillips | Reduce -0.6% | 2.52% | +0.05 |
| O Realty Income Corp. | Reduce -1.1% | 2.18% | +0.08 |
| XOM Exxon Mobil Corp. | Reduce -0.3% | 2.20% | +0.14 |
| SO The Southern Co. | Reduce -0.0% | 2.76% | +0.21 |
| VZ Verizon Communications Inc. | Reduce -0.5% | 2.80% | +0.24 |
| CVX Chevron Corp. | Reduce -0.5% | 2.83% | +0.29 |
| ABT Abbott Laboratories | Reduce -0.3% | 3.62% | +0.43 |
| ABBV Abbvie Inc. | Reduce -0.5% | 4.58% | +0.56 |
Portfolio Buys Q4 2024 → Q1 2025
| INTC Intel Corp. | Add +70.5% | 2.40% | +1.11 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.99% | +0.99 |
| MO Altria Group Inc. | Add +15.1% | 2.99% | +0.64 |
| QCOM Qualcomm Inc. | Add +20.7% | 2.40% | +0.34 |
| JNJ Johnson & Johnson | Add +0.3% | 2.56% | +0.25 |
| ET Energy Transfer LP | Add +39.4% | 1.05% | +0.24 |
| TMUS T-Mobile US Inc. | New | 0.11% | +0.11 |
| MRK Merck & Co. Inc. | Add +19.9% | 2.63% | +0.10 |
| KO The Coca-Cola Co. | Add +2.2% | 0.17% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.1% | 0.19% | −0.02 |
| ARCC Ares Capital Corp. | Add +0.1% | 2.54% | −0.05 |
| HD Home Depot Inc. | Add +8.1% | 4.84% | −0.09 |
| NEE Nextera Energy Inc. | Add +0.7% | 3.24% | −0.14 |
| LOW Lowe's Cos Inc. | Add +6.1% | 4.32% | −0.17 |
| PFE Pfizer Inc. | Add +0.3% | 2.38% | −0.19 |
| MSFT Microsoft Corp. | Add +0.2% | 8.15% | −1.28 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 42 | $226.0M | INTC, AAPL, MSFT, MS, JPM |
| Q1 2026 | 44 | $231.5M | AAPL, MSFT, WMT, MS, COST |
| Q4 2025 | 41 | $203.4M | MSFT, AAPL, MS, JPM, WMT |
| Q3 2025 | 41 | $201.2M | MSFT, AAPL, JPM, HD, MS |
| Q2 2025 | 42 | $191.9M | MSFT, AAPL, COST, JPM, HD |
| Q1 2025 | 39 | $197.7M | MSFT, AAPL, COST, HD, ABBV |
| Q4 2024 | 39 | $192.9M | MSFT, AAPL, COST, HD, WMT |
| Q3 2024 | 40 | $194.2M | MSFT, AAPL, COST, HD, LOW |
| Q2 2024 | 39 | $192.7M | MSFT, AAPL, COST, HD, LOW |
| Q1 2024 | 40 | $187.9M | MSFT, AAPL, HD, LOW, COST |