Cadence Bank
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Cadence Bank reported 328 stock positions worth $1.5 billion. Its top holding was Murphy USA (MUSA) at 14.1% of the portfolio, followed by Vngrd Mrngstr MG Cap ETF-Usd (MGC, 6.1%) and Broadcom (AVGO, 3.9%). Compared with Q3 2024, it opened 13 new positions, sold out of 14, added to 76 and reduced 181. The biggest buy was Walmart (WMT, shares +71%) and the biggest sale Gilead Sciences (GILD, shares −93%).
- Most Recent 13F
- Q4 2025
- Location
- Tupelo, MS
- CIK
- 0001299939
- Portfolio Value
- $1.5B (Q4 2024)
- SEC Filing
- 0000950123-25-002025 ↗ filed Feb 13, 2025
Holdings Value
Holdings 328 stocks · $1.5B
| MUSA Murphy USA Inc. | 14.10% | 414,675 | $208.1M | Reduce -0.0% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 6.12% | 424,837 | $90.3M | Add +0.8% |
| AVGO Broadcom Inc. | 3.87% | 246,171 | $57.1M | Reduce -3.9% |
| MSFT Microsoft Corp. | 3.86% | 135,200 | $57.0M | Add +5.1% |
| AAPL Apple Inc. | 3.51% | 206,683 | $51.8M | Reduce -0.4% |
| MUR Murphy Oil Corp. | 3.40% | 1,658,227 | $50.2M | Add +0.6% |
| NVDA Nvidia Corp. | 1.97% | 216,456 | $29.1M | Reduce -3.6% |
| WMT Walmart Inc. | 1.90% | 310,761 | $28.1M | Add +70.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.61% | 40,625 | $23.8M | Reduce -1.1% |
| PG The Procter & Gamble Co. | 1.59% | 139,647 | $23.4M | Reduce -1.8% |
| CADE Cadence Bank | 1.56% | 667,663 | $23.0M | Reduce -11.6% |
| XOM Exxon Mobil Corp. | 1.54% | 211,312 | $22.7M | Reduce -3.4% |
| ACWX iShares MSCI Acwi Ex US ETF | 1.48% | 418,217 | $21.8M | Add +4.9% |
| PRU Prudential Financial Inc. | 1.37% | 169,949 | $20.1M | Add +1.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.30% | 72,708 | $19.2M | Add +5.9% |
| ABBV Abbvie Inc. | 1.22% | 101,290 | $18.0M | Add +1.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.22% | 74,855 | $18.0M | Add +7.5% |
| AMAT Applied Materials Inc. | 1.21% | 110,072 | $17.9M | Add +1.5% |
| RTX RTX Corp. | 1.16% | 148,248 | $17.2M | Reduce -0.4% |
| GOOGL Alphabet Inc. Class A | 1.12% | 87,564 | $16.6M | Add +1.4% |
| KMI Kinder Morgan Inc. | 1.09% | 584,406 | $16.0M | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 0.91% | 55,860 | $13.4M | Reduce -1.1% |
| PM Philip Morris International | 0.86% | 105,320 | $12.7M | Add +0.6% |
| MTN Vail Resorts Inc. | 0.82% | 64,812 | $12.1M | Add +15.1% |
| CSCO Cisco Systems Inc. | 0.79% | 195,929 | $11.6M | Reduce -0.8% |
| TFC Truist Financial Corp. | 0.76% | 258,331 | $11.2M | Add +39.5% |
| BND Vanguard Total Bond Market | 0.75% | 154,845 | $11.1M | Add +19.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.71% | 47,822 | $10.5M | Reduce -0.8% |
| MCD McDonald's Corp. | 0.69% | 35,154 | $10.2M | Add +65.9% |
| PEP Pepsico Inc. | 0.67% | 64,825 | $9.9M | Add +0.9% |
| BMY Bristol-Myers Squibb Co. | 0.65% | 169,558 | $9.6M | Reduce -1.3% |
| GD General Dynamics Corp. | 0.64% | 35,965 | $9.5M | Reduce -0.3% |
| UPS United Parcel Service Class B | 0.63% | 73,809 | $9.3M | Add +98.3% |
| FDX FedEx Corp. | 0.62% | 32,279 | $9.1M | Add +1.4% |
| LLY Eli Lilly & Co. | 0.61% | 11,709 | $9.0M | Reduce -0.9% |
| AMZN Amazon.com Inc. | 0.60% | 40,579 | $8.9M | Reduce -1.5% |
| SIRI Sirius XM Holdings Inc. | 0.60% | 389,964 | $8.9M | New |
| BEN Franklin Templeton Inc. | 0.56% | 408,389 | $8.3M | Add +1.8% |
| JEPI JPMorgan Equity Premium Inco | 0.56% | 143,417 | $8.3M | Add +47.0% |
| STZ Constellation Brands Inc. Class A | 0.55% | 37,030 | $8.2M | Add +1.8% |
| VEA Vanguard Ftse Developed ETF | 0.54% | 166,206 | $7.9M | Add +6.5% |
| CAG Conagra Brands Inc. | 0.50% | 267,156 | $7.4M | New |
| LOW Lowe's Cos Inc. | 0.48% | 28,982 | $7.2M | Reduce -2.2% |
| PFE Pfizer Inc. | 0.47% | 258,881 | $6.9M | Reduce -21.5% |
| VOO Vanguard S&P 500 ETF | 0.46% | 12,490 | $6.7M | Reduce -6.3% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.45% | 172,823 | $6.6M | Add +17.9% |
| EOG EOG Resources Inc. | 0.44% | 53,471 | $6.6M | Reduce -39.5% |
| CMCSA Comcast Corp. Class A | 0.42% | 165,320 | $6.2M | Add +1.7% |
| QCOM Qualcomm Inc. | 0.42% | 40,036 | $6.2M | Reduce -38.8% |
| LYB Lyondellbasell Indu Class A | 0.41% | 82,383 | $6.1M | Reduce -0.7% |
| MA Mastercard Inc. Class A | 0.41% | 11,485 | $6.0M | Reduce -1.4% |
| TTE Totalenergies SE -Spon ADR | 0.40% | 109,471 | $6.0M | Add +1.9% |
| MDT Medtronic PLC | 0.40% | 74,239 | $5.9M | Reduce -0.3% |
| FLOT iShares Floating Rate Bond E | 0.40% | 116,462 | $5.9M | Add +38.9% |
| HD Home Depot Inc. | 0.40% | 15,193 | $5.9M | Reduce -3.1% |
| V Visa Inc. Class A | 0.40% | 18,487 | $5.8M | Add +2.6% |
| CVX Chevron Corp. | 0.39% | 39,960 | $5.8M | Reduce -5.5% |
| NKE Nike Inc. Class B | 0.39% | 75,428 | $5.7M | Add +36.4% |
| KMB Kimberly-Clark Corp. | 0.38% | 42,843 | $5.6M | Add +0.3% |
| EFA iShares MSCI Eafe ETF | 0.37% | 72,410 | $5.5M | Reduce -1.4% |
| NTR Nutrien Ltd. | 0.37% | 121,011 | $5.4M | Add +33.9% |
| IWF iShares Russell 1000 Growth | 0.35% | 12,866 | $5.2M | Reduce -1.0% |
| FISV Fiserv Inc. | 0.35% | 25,132 | $5.2M | Reduce -0.0% |
| SYY Sysco Corp. | 0.35% | 66,667 | $5.1M | Add +1.6% |
| FHI Federated Hermes Inc. | 0.34% | 123,058 | $5.1M | Add +0.6% |
| SWK Stanley Black & Decker Inc. | 0.34% | 62,909 | $5.1M | Add +1.9% |
| AMP Ameriprise Financial Inc. | 0.34% | 9,444 | $5.0M | Reduce -3.6% |
| MRK Merck & Co. Inc. | 0.34% | 50,400 | $5.0M | Reduce -3.6% |
| HPQ HP Inc. | 0.34% | 153,523 | $5.0M | Add +1.6% |
| DELL Dell Technologies -C | 0.34% | 42,914 | $4.9M | New |
| DPZ Domino's Pizza Inc. | 0.33% | 11,451 | $4.8M | Add +2.3% |
| QSR Restaurant Brands Intern | 0.32% | 73,423 | $4.8M | Add +1.4% |
| JNJ Johnson & Johnson | 0.30% | 30,997 | $4.5M | Reduce -2.8% |
| RDIV Invesco S&P Ultra Dividend | 0.30% | 91,835 | $4.4M | Reduce -1.5% |
| ABT Abbott Laboratories | 0.30% | 38,696 | $4.4M | Reduce -3.1% |
| KO The Coca-Cola Co. | 0.29% | 68,412 | $4.3M | Reduce -3.6% |
| ACN Accenture PLC Class A | 0.28% | 11,781 | $4.1M | Reduce -2.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 8,764 | $4.0M | Reduce -2.1% |
| UNP Union Pacific Corp. | 0.27% | 17,366 | $4.0M | Reduce -1.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 88,373 | $3.9M | Reduce -1.8% |
| ANET Arista Networks Inc. | 0.25% | 33,157 | $3.7M | Reduce -0.1% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 6,937 | $3.6M | Reduce -1.3% |
| ETN Eaton Corp. PLC | 0.24% | 10,568 | $3.5M | Reduce -1.6% |
| COP Conocophillips | 0.23% | 34,094 | $3.4M | Reduce -3.1% |
| COF Capital One Financial Corp. | 0.23% | 18,695 | $3.3M | Reduce -0.4% |
| COST Costco Wholesale Corp. | 0.22% | 3,615 | $3.3M | Reduce -1.0% |
| PWR Quanta Services Inc. | 0.22% | 10,436 | $3.3M | Reduce -1.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.22% | 11,163 | $3.2M | Reduce -26.2% |
| GOOG Alphabet Inc. Class C | 0.22% | 16,674 | $3.2M | Reduce -2.0% |
| IJH iShares Core S&P Midcap ETF | 0.21% | 50,306 | $3.1M | Reduce -2.1% |
| HMC Honda Motor Co. Ltd.-Spons ADR | 0.21% | 109,452 | $3.1M | Reduce -6.3% |
| IVE iShares S&P 500 Value ETF | 0.20% | 15,579 | $3.0M | Reduce -0.0% |
| IVW iShares S&P 500 Growth ETF | 0.20% | 28,567 | $2.9M | Reduce -0.2% |
| MCK McKesson Corp. | 0.18% | 4,739 | $2.7M | Reduce -4.7% |
| NSC Norfolk Southern Corp. | 0.18% | 11,397 | $2.7M | Reduce -1.2% |
| META Meta Platforms Inc. Class A | 0.18% | 4,561 | $2.7M | Add +0.3% |
| DHR Danaher Corp. | 0.18% | 11,371 | $2.6M | Reduce -3.5% |
| LW Lamb Weston Holdings Inc. | 0.17% | 37,445 | $2.5M | New |
| PCH Potlatchdeltic Corp. | 0.17% | 63,721 | $2.5M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.16% | 4,639 | $2.4M | Add +4.4% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $717K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 588 | $717K | Add +68.0% |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q3 2024 → Q4 2024
| GILD Gilead Sciences Inc. | Reduce -93.4% | 0.05% | −0.66 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.50 |
| QCOM Qualcomm Inc. | Reduce -38.8% | 0.42% | −0.35 |
| EOG EOG Resources Inc. | Reduce -39.5% | 0.44% | −0.31 |
| XOM Exxon Mobil Corp. | Reduce -3.4% | 1.54% | −0.23 |
| CFG Citizens Financial Group | Reduce -93.0% | 0.02% | −0.20 |
| PFE Pfizer Inc. | Reduce -21.5% | 0.47% | −0.19 |
| WEN The Wendy's Co. | Sold out | 0.00% | −0.14 |
| LYB Lyondellbasell Indu Class A | Reduce -0.7% | 0.41% | −0.13 |
| PG The Procter & Gamble Co. | Reduce -1.8% | 1.59% | −0.11 |
| GD General Dynamics Corp. | Reduce -0.3% | 0.64% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -0.9% | 0.61% | −0.11 |
| CADE Cadence Bank | Reduce -11.6% | 1.56% | −0.10 |
| AGG iShares Core U.S. Aggregate | Reduce -78.1% | 0.02% | −0.09 |
| RTX RTX Corp. | Reduce -0.4% | 1.16% | −0.08 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -26.2% | 0.22% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -3.6% | 0.34% | −0.07 |
| LOW Lowe's Cos Inc. | Reduce -2.2% | 0.48% | −0.07 |
| KO The Coca-Cola Co. | Reduce -3.6% | 0.29% | −0.06 |
| IWS iShares Russell Mid-Cap Valu | Reduce -45.0% | 0.07% | −0.06 |
| MDT Medtronic PLC | Reduce -0.3% | 0.40% | −0.06 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.3% | 0.24% | −0.06 |
| EFA iShares MSCI Eafe ETF | Reduce -1.4% | 0.37% | −0.05 |
| JNJ Johnson & Johnson | Reduce -2.8% | 0.30% | −0.05 |
| DHR Danaher Corp. | Reduce -3.5% | 0.18% | −0.05 |
| HMC Honda Motor Co. Ltd.-Spons ADR | Reduce -6.3% | 0.21% | −0.04 |
| WEST Westrock Coffee Co. | Reduce -35.0% | 0.07% | −0.04 |
| HD Home Depot Inc. | Reduce -3.1% | 0.40% | −0.04 |
| CVX Chevron Corp. | Reduce -5.5% | 0.39% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -13.5% | 0.11% | −0.04 |
| UNP Union Pacific Corp. | Reduce -1.8% | 0.27% | −0.03 |
| AMGN Amgen Inc. | Reduce -4.0% | 0.09% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -6.3% | 0.46% | −0.03 |
| UFPI Ufp Industries Inc. | Reduce -0.7% | 0.14% | −0.03 |
| COP Conocophillips | Reduce -3.1% | 0.23% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -4.2% | 0.15% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -5.6% | 0.08% | −0.03 |
| IWP iShares Russell Mid-Cap Grow | Reduce -26.1% | 0.09% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -6.8% | 0.09% | −0.02 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Sold out | 0.00% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -0.8% | 0.71% | −0.02 |
| TGT Target Corp. | Reduce -0.5% | 0.12% | −0.02 |
| ICLR Icon PLC | Reduce -0.7% | 0.05% | −0.02 |
| RDIV Invesco S&P Ultra Dividend | Reduce -1.5% | 0.30% | −0.02 |
| LRCX Lam Research Corp. | Reduce -0.6% | 0.13% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Reduce -5.0% | 0.13% | −0.02 |
| GIS General Mills Inc. | Reduce -0.3% | 0.11% | −0.02 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.02 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.02 |
| SO The Southern Co. | Reduce -8.9% | 0.08% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| WMT Walmart Inc. | Add +70.9% | 1.90% | +0.89 |
| SIRI Sirius XM Holdings Inc. | New | 0.60% | +0.60 |
| CAG Conagra Brands Inc. | New | 0.50% | +0.50 |
| DELL Dell Technologies -C | New | 0.34% | +0.34 |
| UPS United Parcel Service Class B | Add +98.3% | 0.63% | +0.28 |
| MCD McDonald's Corp. | Add +65.9% | 0.69% | +0.25 |
| TFC Truist Financial Corp. | Add +39.5% | 0.76% | +0.21 |
| LW Lamb Weston Holdings Inc. | New | 0.17% | +0.17 |
| JEPI JPMorgan Equity Premium Inco | Add +47.0% | 0.56% | +0.16 |
| MTN Vail Resorts Inc. | Add +15.1% | 0.82% | +0.15 |
| GOOGL Alphabet Inc. Class A | Add +1.4% | 1.12% | +0.14 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Add +0.8% | 6.12% | +0.12 |
| JEPQ JPM Nasdaq Equity Premium | Add +750.8% | 0.13% | +0.12 |
| VCIT Vanguard Int-Term Corporate | Add +524.0% | 0.13% | +0.11 |
| FLOT iShares Floating Rate Bond E | Add +38.9% | 0.40% | +0.11 |
| BND Vanguard Total Bond Market | Add +19.5% | 0.75% | +0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +7.5% | 1.22% | +0.08 |
| NTR Nutrien Ltd. | Add +33.9% | 0.37% | +0.07 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +119.6% | 0.11% | +0.06 |
| V Visa Inc. Class A | Add +2.6% | 0.40% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +5.9% | 1.30% | +0.05 |
| NKE Nike Inc. Class B | Add +36.4% | 0.39% | +0.05 |
| MSFT Microsoft Corp. | Add +5.1% | 3.86% | +0.05 |
| VOOG Vanguard S&P 500 Growth ETF | Add +108.2% | 0.08% | +0.05 |
| NN Nextnav Inc. | New | 0.04% | +0.04 |
| FHI Federated Hermes Inc. | Add +0.6% | 0.34% | +0.03 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | New | 0.03% | +0.03 |
| SLB SLB Ltd. | Add +17.9% | 0.45% | +0.03 |
| CAT Caterpillar Inc. | Add +99.6% | 0.05% | +0.02 |
| DG Dollar General Corp. | New | 0.02% | +0.02 |
| ULTA Ulta Beauty Inc. | Add +36.8% | 0.06% | +0.02 |
| TJX TJX Companies Inc. | Add +28.4% | 0.07% | +0.02 |
| BKLN Invesco Senior Loan ETF | New | 0.02% | +0.02 |
| SPGP Invesco S&P 500 Garp ETF | New | 0.02% | +0.02 |
| EPD Enterprise Products Partners | Add +8.9% | 0.12% | +0.02 |
| FDX FedEx Corp. | Add +1.4% | 0.62% | +0.02 |
| VFH Vanguard Financials ETF | New | 0.01% | +0.01 |
| IGV iShares Expanded Tech-Softwa | New | 0.01% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +71.8% | 0.03% | +0.01 |
| TLT iShares 20+ Year Treasury BD | New | 0.01% | +0.01 |
| UBER Uber Technologies Inc. | Add +141.5% | 0.03% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +4.4% | 0.16% | +0.01 |
| IEF iShares 7-10 Year Treasury B | Add +26.1% | 0.08% | +0.01 |
| TSLA Tesla Inc. | Add +6.7% | 0.03% | +0.01 |
| BSM Black Stone Minerals LP | Add +38.6% | 0.04% | +0.01 |
| T AT&T Inc. | Add +10.8% | 0.07% | +0.01 |
| VGT Vanguard Info Tech ETF | Add +35.6% | 0.03% | +0.01 |
| BLK BlackRock Inc. | Add +14.0% | 0.03% | +0.01 |
| BEN Franklin Templeton Inc. | Add +1.8% | 0.56% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +24.0% | 0.05% | +0.00 |
Notes & Other Activity Q3 2024 → Q4 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +68.0% | 588 | $717K |
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 |