Cadence Bank
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 30, 2026), Cadence Bank reported 331 stock positions worth $1.7 billion. Its top holding was Murphy USA (MUSA) at 9.8% of the portfolio, followed by Vngrd Mrngstr MG Cap ETF-Usd (MGC, 6.4%) and Broadcom (AVGO, 4.5%). Compared with Q3 2025, it opened 19 new positions, sold out of 24, added to 137 and reduced 124. The biggest buy was Alphabet Class A (GOOGL, shares +1%) and the biggest sale an exit from Conagra Brands (CAG).
- Most Recent 13F
- Q4 2025
- Location
- Tupelo, MS
- CIK
- 0001299939
- Portfolio Value
- $1.7B (Q4 2025)
- SEC Filing
- 0001193125-26-030735 ↗ filed Jan 30, 2026
Holdings Value
Holdings 331 stocks · $1.7B
| MUSA Murphy USA Inc. | 9.80% | 414,675 | $167.3M | No change |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 6.39% | 434,553 | $109.1M | Add +0.8% |
| AVGO Broadcom Inc. | 4.49% | 221,316 | $76.6M | Add +0.1% |
| MSFT Microsoft Corp. | 4.01% | 141,633 | $68.5M | Add +2.0% |
| AAPL Apple Inc. | 3.28% | 206,016 | $56.0M | Reduce -0.3% |
| MUR Murphy Oil Corp. | 3.20% | 1,748,585 | $54.6M | Reduce -0.3% |
| CADE Cadence Bank | 3.20% | 1,274,998 | $54.6M | Add +4.8% |
| GOOGL Alphabet Inc. Class A | 2.80% | 152,900 | $47.9M | Add +1.0% |
| WMT Walmart Inc. | 2.36% | 361,589 | $40.3M | Add +1.7% |
| NVDA Nvidia Corp. | 2.23% | 203,697 | $38.0M | Reduce -3.6% |
| AMAT Applied Materials Inc. | 1.76% | 116,833 | $30.0M | Add +1.3% |
| ACWX iShares MSCI Acwi Ex US ETF | 1.72% | 437,986 | $29.4M | Add +3.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.57% | 39,402 | $26.9M | Add +2.4% |
| XOM Exxon Mobil Corp. | 1.45% | 206,171 | $24.8M | Reduce -3.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.44% | 84,854 | $24.6M | Add +2.1% |
| RTX RTX Corp. | 1.41% | 131,390 | $24.1M | Add +0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.35% | 89,357 | $23.0M | Add +6.4% |
| PG The Procter & Gamble Co. | 1.16% | 138,301 | $19.8M | Add +0.2% |
| PRU Prudential Financial Inc. | 1.15% | 174,482 | $19.7M | Reduce -2.5% |
| BND Vanguard Total Bond Market | 1.06% | 245,309 | $18.2M | Add +11.8% |
| TFC Truist Financial Corp. | 1.02% | 352,761 | $17.4M | Add +5.0% |
| KMI Kinder Morgan Inc. | 1.01% | 630,146 | $17.3M | Add +1.2% |
| JPM JPMorgan Chase & Co. | 0.97% | 51,652 | $16.6M | Reduce -1.6% |
| CSCO Cisco Systems Inc. | 0.96% | 213,057 | $16.4M | Add +1.8% |
| PEP Pepsico Inc. | 0.89% | 106,439 | $15.3M | Add +3.9% |
| ABBV Abbvie Inc. | 0.85% | 63,344 | $14.5M | Add +0.3% |
| MCD McDonald's Corp. | 0.78% | 43,545 | $13.3M | Add +18.6% |
| BMY Bristol-Myers Squibb Co. | 0.74% | 232,856 | $12.6M | Add +1.6% |
| VOO Vanguard S&P 500 ETF | 0.73% | 19,888 | $12.5M | Add +13.4% |
| VEA Vanguard Ftse Developed ETF | 0.71% | 195,398 | $12.2M | Add +7.2% |
| LLY Eli Lilly & Co. | 0.65% | 10,349 | $11.1M | Reduce -9.2% |
| NKE Nike Inc. Class B | 0.63% | 168,458 | $10.7M | Reduce -0.1% |
| QSR Restaurant Brands Intern | 0.61% | 152,079 | $10.4M | Add +1.0% |
| BEN Franklin Templeton Inc. | 0.61% | 433,043 | $10.3M | Add +0.6% |
| FDX FedEx Corp. | 0.58% | 34,268 | $9.9M | Add +1.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.57% | 94,702 | $9.7M | Add +1.6% |
| DELL Dell Technologies -C | 0.56% | 76,064 | $9.6M | Add +2.8% |
| FLOT iShares Floating Rate Bond E | 0.56% | 186,973 | $9.5M | Add +5.6% |
| COLB Columbia Banking System Inc. | 0.55% | 336,130 | $9.4M | Add +0.7% |
| PM Philip Morris International | 0.55% | 58,479 | $9.4M | Add +0.8% |
| AMZN Amazon.com Inc. | 0.55% | 40,520 | $9.4M | Reduce -0.2% |
| JEPI JPMorgan Equity Premium Inco | 0.53% | 157,709 | $9.0M | Add +21.2% |
| MTN Vail Resorts Inc. | 0.51% | 65,986 | $8.8M | Reduce -3.4% |
| NTR Nutrien Ltd. | 0.50% | 137,195 | $8.5M | Add +0.8% |
| GD General Dynamics Corp. | 0.48% | 24,424 | $8.2M | Reduce -37.0% |
| SIRI Sirius XM Holdings Inc. | 0.45% | 384,859 | $7.7M | Reduce -5.7% |
| TTE Totalenergies SE | 0.44% | 115,614 | $7.6M | No change |
| MDT Medtronic PLC | 0.43% | 77,003 | $7.4M | Reduce -0.7% |
| QCOM Qualcomm Inc. | 0.43% | 43,185 | $7.4M | Add +1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.43% | 133,752 | $7.4M | Add +9.7% |
| UPS United Parcel Service Class B | 0.43% | 73,477 | $7.3M | Add +4.6% |
| LOW Lowe's Cos Inc. | 0.43% | 30,124 | $7.3M | Add +3.1% |
| KNTK Kinetik Holdings Inc. | 0.40% | 187,136 | $6.7M | Reduce -0.1% |
| FHI Federated Hermes Inc. | 0.39% | 128,345 | $6.7M | Add +0.3% |
| EFA iShares MSCI Eafe ETF | 0.39% | 69,369 | $6.7M | Reduce -0.3% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.39% | 114,044 | $6.6M | Add +13.7% |
| MA Mastercard Inc. Class A | 0.38% | 11,424 | $6.5M | Reduce -2.3% |
| PFE Pfizer Inc. | 0.38% | 261,420 | $6.5M | Reduce -9.6% |
| EOG EOG Resources Inc. | 0.35% | 57,648 | $6.1M | Add +1.0% |
| LW Lamb Weston Holdings Inc. | 0.35% | 144,470 | $6.1M | Add +1.1% |
| JNJ Johnson & Johnson | 0.35% | 28,770 | $6.0M | Reduce -1.8% |
| V Visa Inc. Class A | 0.34% | 16,763 | $5.9M | Reduce -5.0% |
| CVX Chevron Corp. | 0.34% | 37,640 | $5.7M | Reduce -1.9% |
| IWF iShares Russell 1000 Growth | 0.33% | 12,068 | $5.7M | Reduce -1.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.32% | 18,264 | $5.4M | Add +0.7% |
| DPZ Domino's Pizza Inc. | 0.31% | 12,818 | $5.3M | Add +0.8% |
| HD Home Depot Inc. | 0.31% | 15,380 | $5.3M | Add +0.5% |
| VOYA Voya Financial Inc. | 0.31% | 70,770 | $5.3M | Add +43.5% |
| SYY Sysco Corp. | 0.30% | 69,798 | $5.1M | Add +1.7% |
| HPQ HP Inc. | 0.28% | 215,967 | $4.8M | Reduce -1.8% |
| ABT Abbott Laboratories | 0.28% | 38,006 | $4.8M | Reduce -0.1% |
| LRCX Lam Research Corp. | 0.28% | 27,798 | $4.8M | Add +3.2% |
| COF Capital One Financial Corp. | 0.28% | 19,493 | $4.7M | Add +1.1% |
| RDIV Invesco S&P Ultra Dividend | 0.27% | 88,720 | $4.6M | Reduce -0.9% |
| AMP Ameriprise Financial Inc. | 0.26% | 9,087 | $4.5M | Add +0.8% |
| PWR Quanta Services Inc. | 0.26% | 10,356 | $4.4M | Reduce -1.1% |
| ANET Arista Networks Inc. | 0.26% | 33,321 | $4.4M | Add +0.3% |
| GOOG Alphabet Inc. Class C | 0.24% | 13,193 | $4.1M | Reduce -14.9% |
| MRK Merck & Co. Inc. | 0.24% | 39,068 | $4.1M | Add +0.8% |
| CUBE Cubesmart | 0.24% | 112,150 | $4.0M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 11,735 | $3.9M | Add +0.7% |
| KO The Coca-Cola Co. | 0.23% | 55,907 | $3.9M | Reduce -13.2% |
| UNP Union Pacific Corp. | 0.23% | 16,856 | $3.9M | Reduce -2.1% |
| MCK McKesson Corp. | 0.23% | 4,702 | $3.9M | Reduce -0.3% |
| APH Amphenol Corp. Class A | 0.22% | 28,322 | $3.8M | Add +0.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.21% | 12,041 | $3.7M | Add +4.2% |
| ZTS Zoetis Inc. | 0.21% | 28,756 | $3.6M | New |
| GS Goldman Sachs Group Inc. | 0.21% | 4,104 | $3.6M | Add +18.8% |
| HMC Honda Motor Co. Ltd.-Spons ADR | 0.20% | 117,801 | $3.5M | Add +1.6% |
| CMI Cummins Inc. | 0.20% | 6,660 | $3.4M | Add +0.1% |
| IVW iShares S&P 500 Growth ETF | 0.19% | 26,964 | $3.3M | Reduce -0.0% |
| NSC Norfolk Southern Corp. | 0.19% | 11,316 | $3.3M | Add +0.4% |
| VCIT Vanguard Int-Term Corporate | 0.19% | 38,907 | $3.3M | Add +10.3% |
| IVE iShares S&P 500 Value ETF | 0.19% | 15,054 | $3.2M | Add +0.4% |
| IJH iShares Core S&P Midcap ETF | 0.19% | 48,369 | $3.2M | Add +9.1% |
| ETN Eaton Corp. PLC | 0.18% | 9,897 | $3.2M | Reduce -0.6% |
| COST Costco Wholesale Corp. | 0.18% | 3,648 | $3.1M | Add +1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.18% | 6,062 | $3.0M | Reduce -34.8% |
| VOOG Vanguard S&P 500 Growth ETF | 0.18% | 6,749 | $3.0M | Add +20.9% |
| ACN Accenture PLC Class A | 0.17% | 10,863 | $2.9M | Reduce -1.6% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,069 | $1.3M | Add +20.4% |
Total filed on the 13F, all lines: $1.7B.
Portfolio Sells Q3 2025 → Q4 2025
| CAG Conagra Brands Inc. | Sold out | 0.00% | −0.40 |
| GD General Dynamics Corp. | Reduce -37.0% | 0.48% | −0.32 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.31 |
| NVDA Nvidia Corp. | Reduce -3.6% | 2.23% | −0.17 |
| SIRI Sirius XM Holdings Inc. | Reduce -5.7% | 0.45% | −0.13 |
| MTN Vail Resorts Inc. | Reduce -3.4% | 0.51% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -34.8% | 0.18% | −0.11 |
| FISV Fiserv Inc. | Reduce -7.2% | 0.09% | −0.10 |
| KNTK Kinetik Holdings Inc. | Reduce -0.1% | 0.40% | −0.09 |
| NKE Nike Inc. Class B | Reduce -0.1% | 0.63% | −0.09 |
| HPQ HP Inc. | Reduce -1.8% | 0.28% | −0.08 |
| PFE Pfizer Inc. | Reduce -9.6% | 0.38% | −0.07 |
| IEFA iShares Core MSCI Eafe ETF | Sold out | 0.00% | −0.06 |
| GIS General Mills Inc. | Reduce -62.1% | 0.03% | −0.05 |
| WEST Westrock Coffee Co. | Sold out | 0.00% | −0.05 |
| ORCL Oracle Corp. | Reduce -3.6% | 0.08% | −0.04 |
| IBIT iShares Bitcoin Trust ETF | Reduce -43.8% | 0.03% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -0.6% | 0.18% | −0.04 |
| DK Delek US Holdings Inc. | Sold out | 0.00% | −0.04 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -19.4% | 0.13% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -1.6% | 0.97% | −0.03 |
| ABT Abbott Laboratories | Reduce -0.1% | 0.28% | −0.03 |
| KO The Coca-Cola Co. | Reduce -13.2% | 0.23% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -8.2% | 0.11% | −0.03 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Sold out | 0.00% | −0.03 |
| UBER Uber Technologies Inc. | Reduce -54.3% | 0.02% | −0.03 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.03 |
| CVX Chevron Corp. | Reduce -1.9% | 0.34% | −0.03 |
| VEGN US Vegan Climate ETF | Sold out | 0.00% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -2.3% | 0.38% | −0.02 |
| V Visa Inc. Class A | Reduce -5.0% | 0.34% | −0.02 |
| MLPA Global X MLP ETF | Sold out | 0.00% | −0.02 |
| UNP Union Pacific Corp. | Reduce -2.1% | 0.23% | −0.02 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.02 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.02 |
| WY Weyerhaeuser Co. | Sold out | 0.00% | −0.02 |
| ULST SS Ultra Short TM Bond ETF | Sold out | 0.00% | −0.02 |
| LYV Live Nation Entertainment Inc. | Reduce -0.0% | 0.08% | −0.02 |
| MDT Medtronic PLC | Reduce -0.7% | 0.43% | −0.02 |
| AMLP Alerian MLP ETF | Sold out | 0.00% | −0.01 |
| IEF iShares 7-10 Year Treasury B | Reduce -31.7% | 0.03% | −0.01 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -1.7% | 0.33% | −0.01 |
| ADP Automatic Data Processing | Reduce -0.0% | 0.08% | −0.01 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.01 |
| RDIV Invesco S&P Ultra Dividend | Reduce -0.9% | 0.27% | −0.01 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.01 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +1.0% | 2.80% | +0.57 |
| CADE Cadence Bank | Add +4.8% | 3.20% | +0.43 |
| AMAT Applied Materials Inc. | Add +1.3% | 1.76% | +0.32 |
| CUBE Cubesmart | New | 0.24% | +0.24 |
| ZTS Zoetis Inc. | New | 0.21% | +0.21 |
| WMT Walmart Inc. | Add +1.7% | 2.36% | +0.13 |
| BMY Bristol-Myers Squibb Co. | Add +1.6% | 0.74% | +0.11 |
| MCD McDonald's Corp. | Add +18.6% | 0.78% | +0.10 |
| FDX FedEx Corp. | Add +1.0% | 0.58% | +0.09 |
| CSCO Cisco Systems Inc. | Add +1.8% | 0.96% | +0.09 |
| VOYA Voya Financial Inc. | Add +43.5% | 0.31% | +0.08 |
| TFC Truist Financial Corp. | Add +5.0% | 1.02% | +0.08 |
| VOO Vanguard S&P 500 ETF | Add +13.4% | 0.73% | +0.08 |
| JEPI JPMorgan Equity Premium Inco | Add +21.2% | 0.53% | +0.08 |
| RTX RTX Corp. | Add +0.1% | 1.41% | +0.08 |
| BND Vanguard Total Bond Market | Add +11.8% | 1.06% | +0.07 |
| UPS United Parcel Service Class B | Add +4.6% | 0.43% | +0.07 |
| SLV iShares Silver Trust | New | 0.07% | +0.07 |
| LRCX Lam Research Corp. | Add +3.2% | 0.28% | +0.06 |
| AVGO Broadcom Inc. | Add +0.1% | 4.49% | +0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +6.4% | 1.35% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +7.2% | 0.71% | +0.05 |
| BAC Bank of America Corp. | Add +9.7% | 0.43% | +0.05 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +3.3% | 1.72% | +0.05 |
| GS Goldman Sachs Group Inc. | Add +18.8% | 0.21% | +0.04 |
| MRK Merck & Co. Inc. | Add +0.8% | 0.24% | +0.04 |
| FBND Fidelity Total Bond ETF | New | 0.04% | +0.04 |
| JEPQ JPM Nasdaq Equity Premium | Add +13.7% | 0.39% | +0.04 |
| EGP Eastgroup Properties Inc. | New | 0.04% | +0.04 |
| OMC Omnicom Group | New | 0.04% | +0.04 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.03% | +0.03 |
| COLB Columbia Banking System Inc. | Add +0.7% | 0.55% | +0.03 |
| CMI Cummins Inc. | Add +0.1% | 0.20% | +0.03 |
| VOOG Vanguard S&P 500 Growth ETF | Add +20.9% | 0.18% | +0.03 |
| COF Capital One Financial Corp. | Add +1.1% | 0.28% | +0.03 |
| NEU Newmarket Corp. | New | 0.03% | +0.03 |
| FHN First Horizon Corp. | New | 0.03% | +0.03 |
| BOND PIMCO Active Bond Exchange-T | New | 0.02% | +0.02 |
| ALB Albemarle Corp. | New | 0.02% | +0.02 |
| PEP Pepsico Inc. | Add +3.9% | 0.89% | +0.02 |
| QSR Restaurant Brands Intern | Add +1.0% | 0.61% | +0.02 |
| SPHY SS SPDR P High Yield ETF | New | 0.02% | +0.02 |
| VTEI Vanguard Int Tax-Exempt Bond | Add +100.1% | 0.04% | +0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.02% | +0.02 |
| AMGN Amgen Inc. | Add +7.0% | 0.11% | +0.02 |
| MU Micron Technology Inc. | New | 0.02% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.2% | 0.21% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.4% | 1.57% | +0.02 |
| AMD Advanced Micro Devices | New | 0.02% | +0.02 |
| UTHR United Therapeutics Corp. | Add +3.6% | 0.12% | +0.02 |
Notes & Other Activity Q3 2025 → Q4 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +20.4% | 1,069 | $1.3M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 331 | $1.7B | MUSA, MGC, AVGO, MSFT, AAPL |
| Q3 2025 | 336 | $1.6B | MUSA, MGC, AVGO, MSFT, AAPL |
| Q2 2025 | 337 | $1.5B | MUSA, MGC, MSFT, AVGO, AAPL |
| Q1 2025 | 321 | $1.4B | MUSA, MGC, MSFT, MUR, AAPL |
| Q4 2024 | 328 | $1.5B | MUSA, MGC, AVGO, MSFT, AAPL |
| Q3 2024 | 329 | $1.5B | MUSA, MGC, MUR, MSFT, AAPL |
| Q2 2024 | 293 | $1.3B | MUSA, MGC, MUR, MSFT, AAPL |
| Q1 2024 | 338 | $1.4B | MUSA, MGC, MUR, MSFT, AVGO |