Baugh & Associates, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 27, 2025), Baugh & Associates, LLC reported 41 stock positions worth $201.2 million. Its top holding was Microsoft (MSFT) at 9.7% of the portfolio, followed by Apple (AAPL, 7.5%) and JPMorgan Chase (JPM, 4.7%). Compared with Q2 2025, it opened 1 new position, sold out of 2, added to 3 and reduced 32. The biggest buy was Exxon Mobil (XOM, shares +30%) and the biggest sale an exit from BHP Group Ltd.-Spon ADR (BHP).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001730818
- Portfolio Value
- $201.2M (Q3 2025)
- SEC Filing
- 0001730818-25-000004 ↗ filed Oct 27, 2025
Holdings Value
Holdings 41 stocks · $201.2M
| MSFT Microsoft Corp. | 9.66% | 40,545 | $19.4M | Reduce -2.6% |
| AAPL Apple Inc. | 7.48% | 64,713 | $15.1M | Reduce -2.8% |
| JPM JPMorgan Chase & Co. | 4.73% | 32,505 | $9.5M | Reduce -3.2% |
| HD Home Depot Inc. | 4.69% | 25,241 | $9.4M | Reduce -2.4% |
| MS Morgan Stanley | 4.61% | 63,956 | $9.3M | Reduce -3.3% |
| COST Costco Wholesale Corp. | 4.48% | 10,551 | $9.0M | Reduce -2.3% |
| WMT Walmart Inc. | 4.45% | 93,813 | $8.9M | Reduce -2.2% |
| ABBV Abbvie Inc. | 4.43% | 41,762 | $8.9M | Reduce -2.3% |
| LOW Lowe's Cos Inc. | 4.04% | 35,298 | $8.1M | Reduce -2.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.21% | 138,704 | $6.5M | Reduce -3.0% |
| ABT Abbott Laboratories | 3.19% | 52,957 | $6.4M | Reduce -1.6% |
| INTC Intel Corp. | 3.12% | 203,212 | $6.3M | Reduce -2.6% |
| NEE Nextera Energy Inc. | 3.01% | 89,260 | $6.0M | Reduce -2.7% |
| MO Altria Group Inc. | 2.91% | 96,530 | $5.8M | Reduce -2.2% |
| TFC Truist Financial Corp. | 2.64% | 126,043 | $5.3M | Reduce -2.3% |
| JNJ Johnson & Johnson | 2.51% | 29,594 | $5.0M | Reduce -2.5% |
| SO The Southern Co. | 2.50% | 57,542 | $5.0M | Reduce -2.1% |
| XOM Exxon Mobil Corp. | 2.46% | 47,897 | $4.9M | Add +29.9% |
| COP Conocophillips | 2.44% | 57,001 | $4.9M | Add +20.6% |
| MRK Merck & Co. Inc. | 2.40% | 63,006 | $4.8M | Reduce -1.9% |
| VZ Verizon Communications Inc. | 2.38% | 118,726 | $4.8M | Reduce -2.5% |
| CVX Chevron Corp. | 2.38% | 33,635 | $4.8M | Reduce -2.2% |
| QCOM Qualcomm Inc. | 2.30% | 30,006 | $4.6M | Reduce -2.0% |
| ARCC Ares Capital Corp. | 2.20% | 236,862 | $4.4M | Reduce -2.1% |
| PFE Pfizer Inc. | 2.09% | 177,557 | $4.2M | Reduce -3.7% |
| O Realty Income Corp. | 2.00% | 71,613 | $4.0M | Reduce -2.3% |
| PEP Pepsico Inc. | 1.77% | 27,525 | $3.6M | Reduce -2.4% |
| GOOG Alphabet Inc. Class C | 1.40% | 12,737 | $2.8M | Reduce -4.3% |
| ASML ASML Holding NV-NY Reg SHS | 1.36% | 3,057 | $2.7M | Reduce -0.3% |
| ET Energy Transfer LP | 1.24% | 159,533 | $2.5M | Add +40.7% |
| SVC Service Pptys TR | 0.30% | 240,317 | $609K | Reduce -3.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 805 | $475K | Reduce -0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 1,527 | $431K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.21% | 666 | $425K | No change |
| PGR Progressive Corp. | 0.19% | 1,575 | $389K | No change |
| KO The Coca-Cola Co. | 0.15% | 4,523 | $295K | Reduce -1.3% |
| SDY SS SPDR S&P Dividend ETF | 0.14% | 2,135 | $290K | No change |
| NVDA Nvidia Corp. | 0.14% | 4,287 | $281K | Reduce -3.8% |
| IWF iShares Russell 1000 Growth | 0.12% | 510 | $239K | No change |
| CAT Caterpillar Inc. | 0.12% | 500 | $239K | New |
| QTEC First Trust Nasdq 100 Tech I | 0.11% | 993 | $220K | Reduce -0.2% |
Portfolio Sells Q2 2025 → Q3 2025
| BHP BHP Group Ltd.-Spon ADR | Sold out | 0.00% | −1.61 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.90 |
| COST Costco Wholesale Corp. | Reduce -2.3% | 4.48% | −0.69 |
| MSFT Microsoft Corp. | Reduce -2.6% | 9.66% | −0.40 |
| ARCC Ares Capital Corp. | Reduce -2.1% | 2.20% | −0.35 |
| ABT Abbott Laboratories | Reduce -1.6% | 3.19% | −0.29 |
| VZ Verizon Communications Inc. | Reduce -2.5% | 2.38% | −0.15 |
| SO The Southern Co. | Reduce -2.1% | 2.50% | −0.11 |
| WMT Walmart Inc. | Reduce -2.2% | 4.45% | −0.10 |
| PFE Pfizer Inc. | Reduce -3.7% | 2.09% | −0.09 |
| QCOM Qualcomm Inc. | Reduce -2.0% | 2.30% | −0.06 |
| O Realty Income Corp. | Reduce -2.3% | 2.00% | −0.05 |
| TFC Truist Financial Corp. | Reduce -2.3% | 2.64% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -1.9% | 2.40% | −0.03 |
| PEP Pepsico Inc. | Reduce -2.4% | 1.77% | −0.03 |
| KO The Coca-Cola Co. | Reduce -1.3% | 0.15% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -3.2% | 4.73% | −0.01 |
| NVDA Nvidia Corp. | Reduce -3.8% | 0.14% | +0.00 |
| BAC Bank of America Corp. | Reduce -3.0% | 3.21% | +0.00 |
| QTEC First Trust Nasdq 100 Tech I | Reduce -0.2% | 0.11% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.1% | 0.24% | +0.01 |
| SVC Service Pptys TR | Reduce -3.5% | 0.30% | +0.01 |
| CVX Chevron Corp. | Reduce -2.2% | 2.38% | +0.02 |
| NEE Nextera Energy Inc. | Reduce -2.7% | 3.01% | +0.02 |
| MO Altria Group Inc. | Reduce -2.2% | 2.91% | +0.12 |
| HD Home Depot Inc. | Reduce -2.4% | 4.69% | +0.12 |
| MS Morgan Stanley | Reduce -3.3% | 4.61% | +0.15 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -0.3% | 1.36% | +0.17 |
| LOW Lowe's Cos Inc. | Reduce -2.5% | 4.04% | +0.18 |
| GOOG Alphabet Inc. Class C | Reduce -4.3% | 1.40% | +0.24 |
| JNJ Johnson & Johnson | Reduce -2.5% | 2.51% | +0.27 |
| ABBV Abbvie Inc. | Reduce -2.3% | 4.43% | +0.60 |
| INTC Intel Corp. | Reduce -2.6% | 3.12% | +0.83 |
| AAPL Apple Inc. | Reduce -2.8% | 7.48% | +0.90 |
Portfolio Buys Q2 2025 → Q3 2025
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 |