Baugh & Associates, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 14, 2026), Baugh & Associates, LLC reported 41 stock positions worth $203.4 million. Its top holding was Microsoft (MSFT) at 8.7% of the portfolio, followed by Apple (AAPL, 7.7%) and Morgan Stanley (MS, 5.0%). Compared with Q3 2025, it opened 1 new position, sold out of 1, added to 4 and reduced 33. The biggest buy was a new position in Weyerhaeuser (WY) and the biggest sale Microsoft (MSFT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001730818
- Portfolio Value
- $203.4M (Q4 2025)
- SEC Filing
- 0001730818-26-000001 ↗ filed Jan 14, 2026
Holdings Value
Holdings 41 stocks · $203.4M
| MSFT Microsoft Corp. | 8.73% | 39,275 | $17.8M | Reduce -3.1% |
| AAPL Apple Inc. | 7.73% | 62,248 | $15.7M | Reduce -3.8% |
| MS Morgan Stanley | 4.99% | 62,022 | $10.1M | Reduce -3.0% |
| JPM JPMorgan Chase & Co. | 4.70% | 31,512 | $9.6M | Reduce -3.0% |
| WMT Walmart Inc. | 4.68% | 91,199 | $9.5M | Reduce -2.8% |
| ABBV Abbvie Inc. | 4.25% | 40,511 | $8.6M | Reduce -3.0% |
| COST Costco Wholesale Corp. | 4.05% | 10,252 | $8.2M | Reduce -2.8% |
| HD Home Depot Inc. | 3.87% | 24,490 | $7.9M | Reduce -3.0% |
| LOW Lowe's Cos Inc. | 3.77% | 34,243 | $7.7M | Reduce -3.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.29% | 134,166 | $6.7M | Reduce -3.3% |
| INTC Intel Corp. | 3.25% | 193,422 | $6.6M | Reduce -4.8% |
| NEE Nextera Energy Inc. | 3.09% | 86,250 | $6.3M | Reduce -3.4% |
| MRK Merck & Co. Inc. | 2.92% | 61,245 | $5.9M | Reduce -2.8% |
| ABT Abbott Laboratories | 2.83% | 51,223 | $5.8M | Reduce -3.3% |
| TFC Truist Financial Corp. | 2.76% | 122,567 | $5.6M | Reduce -2.8% |
| JNJ Johnson & Johnson | 2.72% | 29,083 | $5.5M | Reduce -1.7% |
| XOM Exxon Mobil Corp. | 2.55% | 46,762 | $5.2M | Reduce -2.4% |
| MO Altria Group Inc. | 2.49% | 96,645 | $5.1M | Add +0.1% |
| PFE Pfizer Inc. | 2.40% | 212,290 | $4.9M | Add +19.6% |
| COP Conocophillips | 2.33% | 55,407 | $4.7M | Reduce -2.8% |
| QCOM Qualcomm Inc. | 2.28% | 29,331 | $4.6M | Reduce -2.3% |
| CVX Chevron Corp. | 2.26% | 32,764 | $4.6M | Reduce -2.6% |
| SO The Southern Co. | 2.25% | 56,410 | $4.6M | Reduce -2.0% |
| VZ Verizon Communications Inc. | 2.13% | 114,511 | $4.3M | Reduce -3.5% |
| ARCC Ares Capital Corp. | 2.11% | 230,450 | $4.3M | Reduce -2.7% |
| WY Weyerhaeuser Co. | 1.97% | 192,550 | $4.0M | New |
| O Realty Income Corp. | 1.80% | 70,411 | $3.7M | Reduce -1.7% |
| PEP Pepsico Inc. | 1.76% | 26,867 | $3.6M | Reduce -2.4% |
| GOOG Alphabet Inc. Class C | 1.75% | 12,511 | $3.6M | Reduce -1.8% |
| ASML ASML Holding NV-NY Reg SHS | 1.46% | 3,002 | $3.0M | Reduce -1.8% |
| ET Energy Transfer LP | 1.16% | 157,863 | $2.4M | Reduce -1.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 814 | $484K | Add +1.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 1,527 | $452K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.22% | 719 | $438K | Add +8.0% |
| PGR Progressive Corp. | 0.18% | 1,575 | $359K | No change |
| SVC Service Pptys TR | 0.16% | 193,767 | $331K | Reduce -19.4% |
| KO The Coca-Cola Co. | 0.14% | 4,280 | $294K | Reduce -5.4% |
| CAT Caterpillar Inc. | 0.14% | 500 | $286K | No change |
| SDY SS SPDR S&P Dividend ETF | 0.13% | 1,900 | $264K | Reduce -11.0% |
| QTEC First Trust Nasdq 100 Tech I | 0.11% | 992 | $220K | Reduce -0.1% |
| IWF iShares Russell 1000 Growth | 0.11% | 460 | $218K | Reduce -9.8% |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -3.1% | 8.73% | −0.93 |
| HD Home Depot Inc. | Reduce -3.0% | 3.87% | −0.82 |
| COST Costco Wholesale Corp. | Reduce -2.8% | 4.05% | −0.43 |
| ABT Abbott Laboratories | Reduce -3.3% | 2.83% | −0.36 |
| LOW Lowe's Cos Inc. | Reduce -3.0% | 3.77% | −0.26 |
| VZ Verizon Communications Inc. | Reduce -3.5% | 2.13% | −0.26 |
| SO The Southern Co. | Reduce -2.0% | 2.25% | −0.25 |
| O Realty Income Corp. | Reduce -1.7% | 1.80% | −0.20 |
| ABBV Abbvie Inc. | Reduce -3.0% | 4.25% | −0.18 |
| SVC Service Pptys TR | Reduce -19.4% | 0.16% | −0.14 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.14 |
| COP Conocophillips | Reduce -2.8% | 2.33% | −0.12 |
| CVX Chevron Corp. | Reduce -2.6% | 2.26% | −0.11 |
| ARCC Ares Capital Corp. | Reduce -2.7% | 2.11% | −0.09 |
| ET Energy Transfer LP | Reduce -1.1% | 1.16% | −0.08 |
| JPM JPMorgan Chase & Co. | Reduce -3.0% | 4.70% | −0.03 |
| PEP Pepsico Inc. | Reduce -2.4% | 1.76% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -2.3% | 2.28% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -11.0% | 0.13% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -9.8% | 0.11% | −0.01 |
| KO The Coca-Cola Co. | Reduce -5.4% | 0.14% | −0.00 |
| QTEC First Trust Nasdq 100 Tech I | Reduce -0.1% | 0.11% | −0.00 |
| NEE Nextera Energy Inc. | Reduce -3.4% | 3.09% | +0.08 |
| BAC Bank of America Corp. | Reduce -3.3% | 3.29% | +0.08 |
| XOM Exxon Mobil Corp. | Reduce -2.4% | 2.55% | +0.09 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -1.8% | 1.46% | +0.10 |
| TFC Truist Financial Corp. | Reduce -2.8% | 2.76% | +0.12 |
| INTC Intel Corp. | Reduce -4.8% | 3.25% | +0.13 |
| JNJ Johnson & Johnson | Reduce -1.7% | 2.72% | +0.22 |
| WMT Walmart Inc. | Reduce -2.8% | 4.68% | +0.24 |
| AAPL Apple Inc. | Reduce -3.8% | 7.73% | +0.25 |
| GOOG Alphabet Inc. Class C | Reduce -1.8% | 1.75% | +0.35 |
| MS Morgan Stanley | Reduce -3.0% | 4.99% | +0.37 |
| MRK Merck & Co. Inc. | Reduce -2.8% | 2.92% | +0.52 |
Portfolio Buys Q3 2025 → Q4 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 |