Baugh & Associates, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 11, 2025), Baugh & Associates, LLC reported 42 stock positions worth $191.9 million. Its top holding was Microsoft (MSFT) at 10.1% of the portfolio, followed by Apple (AAPL, 6.6%) and Costco Wholesale (COST, 5.2%). Compared with Q1 2025, it opened 5 new positions, sold out of 2, added to 4 and reduced 31. The biggest buy was a new position in BHP Group Ltd.-Spon ADR (BHP) and the biggest sale an exit from Emerson Electric (EMR).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001730818
- Portfolio Value
- $191.9M (Q2 2025)
- SEC Filing
- 0001085146-25-003767 ↗ filed Jul 11, 2025
Holdings Value
Holdings 42 stocks · $191.9M
| MSFT Microsoft Corp. | 10.06% | 41,634 | $19.3M | Reduce -5.6% |
| AAPL Apple Inc. | 6.58% | 66,574 | $12.6M | Reduce -4.7% |
| COST Costco Wholesale Corp. | 5.18% | 10,802 | $9.9M | Reduce -4.8% |
| JPM JPMorgan Chase & Co. | 4.74% | 33,593 | $9.1M | Reduce -4.7% |
| HD Home Depot Inc. | 4.57% | 25,868 | $8.8M | Reduce -4.5% |
| WMT Walmart Inc. | 4.55% | 95,934 | $8.7M | Reduce -4.8% |
| MS Morgan Stanley | 4.46% | 66,144 | $8.6M | Reduce -4.5% |
| LOW Lowe's Cos Inc. | 3.85% | 36,215 | $7.4M | Reduce -4.9% |
| ABBV Abbvie Inc. | 3.83% | 42,743 | $7.4M | Reduce -4.9% |
| ABT Abbott Laboratories | 3.48% | 53,822 | $6.7M | Reduce -5.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.21% | 142,996 | $6.2M | Reduce -4.4% |
| NEE Nextera Energy Inc. | 2.98% | 91,711 | $5.7M | Reduce -3.6% |
| MO Altria Group Inc. | 2.78% | 98,714 | $5.3M | Reduce -4.2% |
| TFC Truist Financial Corp. | 2.68% | 129,066 | $5.1M | Reduce -4.4% |
| SO The Southern Co. | 2.61% | 58,803 | $5.0M | Reduce -4.4% |
| ARCC Ares Capital Corp. | 2.55% | 242,037 | $4.9M | Add +2.4% |
| VZ Verizon Communications Inc. | 2.53% | 121,771 | $4.9M | Reduce -4.5% |
| MRK Merck & Co. Inc. | 2.43% | 64,225 | $4.7M | Add +5.5% |
| QCOM Qualcomm Inc. | 2.36% | 30,627 | $4.5M | Reduce -5.4% |
| CVX Chevron Corp. | 2.36% | 34,392 | $4.5M | Reduce -1.6% |
| INTC Intel Corp. | 2.29% | 208,625 | $4.4M | Reduce -4.5% |
| JNJ Johnson & Johnson | 2.24% | 30,354 | $4.3M | Reduce -5.3% |
| PFE Pfizer Inc. | 2.17% | 184,359 | $4.2M | Reduce -5.3% |
| COP Conocophillips | 2.05% | 47,256 | $3.9M | Reduce -4.6% |
| O Realty Income Corp. | 2.05% | 73,278 | $3.9M | Reduce -5.8% |
| XOM Exxon Mobil Corp. | 1.90% | 36,860 | $3.6M | Reduce -3.5% |
| PEP Pepsico Inc. | 1.80% | 28,190 | $3.5M | Reduce -5.8% |
| BHP BHP Group Ltd.-Spon ADR | 1.61% | 68,450 | $3.1M | New |
| ASML ASML Holding NV-NY Reg SHS | 1.19% | 3,066 | $2.3M | Reduce -1.7% |
| GOOG Alphabet Inc. Class C | 1.16% | 13,306 | $2.2M | New |
| ET Energy Transfer LP | 1.01% | 113,402 | $1.9M | Reduce -4.7% |
| ANET Arista Networks Inc. | 0.90% | 18,633 | $1.7M | New |
| SVC Service Pptys TR | 0.29% | 249,163 | $558K | Reduce -6.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 1,527 | $450K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 806 | $437K | Add +1.5% |
| PGR Progressive Corp. | 0.22% | 1,575 | $420K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.21% | 666 | $394K | Add +0.3% |
| KO The Coca-Cola Co. | 0.17% | 4,582 | $320K | Reduce -2.1% |
| SDY SS SPDR S&P Dividend ETF | 0.15% | 2,135 | $281K | Reduce -8.7% |
| NVDA Nvidia Corp. | 0.14% | 4,457 | $266K | New |
| IWF iShares Russell 1000 Growth | 0.11% | 510 | $217K | Reduce -26.1% |
| QTEC First Trust Nasdq 100 Tech I | 0.11% | 995 | $204K | New |
Portfolio Sells Q1 2025 → Q2 2025
| EMR Emerson Electric Co. | Sold out | 0.00% | −1.23 |
| AAPL Apple Inc. | Reduce -4.7% | 6.58% | −0.96 |
| ABBV Abbvie Inc. | Reduce -4.9% | 3.83% | −0.75 |
| CVX Chevron Corp. | Reduce -1.6% | 2.36% | −0.47 |
| LOW Lowe's Cos Inc. | Reduce -4.9% | 3.85% | −0.47 |
| COP Conocophillips | Reduce -4.6% | 2.05% | −0.47 |
| PEP Pepsico Inc. | Reduce -5.8% | 1.80% | −0.37 |
| JNJ Johnson & Johnson | Reduce -5.3% | 2.24% | −0.32 |
| XOM Exxon Mobil Corp. | Reduce -3.5% | 1.90% | −0.30 |
| VZ Verizon Communications Inc. | Reduce -4.5% | 2.53% | −0.27 |
| HD Home Depot Inc. | Reduce -4.5% | 4.57% | −0.27 |
| NEE Nextera Energy Inc. | Reduce -3.6% | 2.98% | −0.26 |
| PFE Pfizer Inc. | Reduce -5.3% | 2.17% | −0.21 |
| MO Altria Group Inc. | Reduce -4.2% | 2.78% | −0.20 |
| SO The Southern Co. | Reduce -4.4% | 2.61% | −0.15 |
| ABT Abbott Laboratories | Reduce -5.1% | 3.48% | −0.14 |
| O Realty Income Corp. | Reduce -5.8% | 2.05% | −0.13 |
| INTC Intel Corp. | Reduce -4.5% | 2.29% | −0.11 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.11 |
| COST Costco Wholesale Corp. | Reduce -4.8% | 5.18% | −0.06 |
| SVC Service Pptys TR | Reduce -6.8% | 0.29% | −0.05 |
| ET Energy Transfer LP | Reduce -4.7% | 1.01% | −0.05 |
| QCOM Qualcomm Inc. | Reduce -5.4% | 2.36% | −0.04 |
| TFC Truist Financial Corp. | Reduce -4.4% | 2.68% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -26.1% | 0.11% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -8.7% | 0.15% | −0.01 |
| KO The Coca-Cola Co. | Reduce -2.1% | 0.17% | −0.00 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -1.7% | 1.19% | +0.20 |
| BAC Bank of America Corp. | Reduce -4.4% | 3.21% | +0.22 |
| WMT Walmart Inc. | Reduce -4.8% | 4.55% | +0.24 |
| JPM JPMorgan Chase & Co. | Reduce -4.7% | 4.74% | +0.48 |
| MS Morgan Stanley | Reduce -4.5% | 4.46% | +0.54 |
| MSFT Microsoft Corp. | Reduce -5.6% | 10.06% | +1.91 |
Portfolio Buys Q1 2025 → Q2 2025
| BHP BHP Group Ltd.-Spon ADR | New | 1.61% | +1.61 |
| GOOG Alphabet Inc. Class C | New | 1.16% | +1.16 |
| ANET Arista Networks Inc. | New | 0.90% | +0.90 |
| NVDA Nvidia Corp. | New | 0.14% | +0.14 |
| QTEC First Trust Nasdq 100 Tech I | New | 0.11% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.5% | 0.23% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.3% | 0.21% | +0.02 |
| ARCC Ares Capital Corp. | Add +2.4% | 2.55% | +0.01 |
| MRK Merck & Co. Inc. | Add +5.5% | 2.43% | −0.20 |
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 |