Cadence Bank
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Cadence Bank reported 336 stock positions worth $1.6 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, 4.4%). Compared with Q2 2025, it opened 14 new positions, sold out of 15, added to 136 and reduced 136. The biggest buy was Cadence Bank (CADE, shares +83%) and the biggest sale an exit from SLB (SLB).
- Most Recent 13F
- Q4 2025
- Location
- Tupelo, MS
- CIK
- 0001299939
- Portfolio Value
- $1.6B (Q3 2025)
- SEC Filing
- 0001193125-25-280137 ↗ filed Nov 13, 2025
Holdings Value
Holdings 336 stocks · $1.6B
| MUSA Murphy USA Inc. | 9.78% | 414,675 | $161.0M | No change |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 6.39% | 430,884 | $105.2M | Add +1.8% |
| AVGO Broadcom Inc. | 4.43% | 221,053 | $72.9M | Reduce -3.6% |
| MSFT Microsoft Corp. | 4.37% | 138,890 | $71.9M | Add +0.1% |
| AAPL Apple Inc. | 3.19% | 206,535 | $52.6M | Reduce -2.7% |
| MUR Murphy Oil Corp. | 3.03% | 1,753,535 | $49.8M | Reduce -0.2% |
| CADE Cadence Bank | 2.77% | 1,216,846 | $45.7M | Add +82.7% |
| NVDA Nvidia Corp. | 2.39% | 211,266 | $39.4M | Reduce -1.4% |
| GOOGL Alphabet Inc. Class A | 2.24% | 151,446 | $36.8M | Reduce -0.5% |
| WMT Walmart Inc. | 2.23% | 355,599 | $36.6M | Add +21.8% |
| ACWX iShares MSCI Acwi Ex US ETF | 1.67% | 423,975 | $27.6M | Add +2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.56% | 38,466 | $25.6M | Reduce -2.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.48% | 83,089 | $24.4M | Add +4.5% |
| XOM Exxon Mobil Corp. | 1.46% | 213,632 | $24.1M | Add +0.3% |
| AMAT Applied Materials Inc. | 1.43% | 115,368 | $23.6M | Add +0.1% |
| RTX RTX Corp. | 1.33% | 131,298 | $22.0M | Add +1.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.30% | 83,949 | $21.3M | Add +5.2% |
| PG The Procter & Gamble Co. | 1.29% | 137,997 | $21.2M | Reduce -0.0% |
| PRU Prudential Financial Inc. | 1.13% | 179,041 | $18.6M | Add +2.4% |
| KMI Kinder Morgan Inc. | 1.07% | 622,675 | $17.6M | Add +1.3% |
| JPM JPMorgan Chase & Co. | 1.01% | 52,510 | $16.6M | Reduce -2.2% |
| BND Vanguard Total Bond Market | 0.99% | 219,360 | $16.3M | Add +26.5% |
| TFC Truist Financial Corp. | 0.93% | 335,969 | $15.4M | Add +8.0% |
| ABBV Abbvie Inc. | 0.89% | 63,120 | $14.6M | Reduce -0.2% |
| PEP Pepsico Inc. | 0.87% | 102,433 | $14.4M | Add +2.5% |
| CSCO Cisco Systems Inc. | 0.87% | 209,300 | $14.3M | Add +0.9% |
| GD General Dynamics Corp. | 0.80% | 38,756 | $13.2M | Add +1.0% |
| NKE Nike Inc. Class B | 0.71% | 168,557 | $11.8M | Add +2.6% |
| MCD McDonald's Corp. | 0.68% | 36,715 | $11.2M | Add +0.8% |
| VEA Vanguard Ftse Developed ETF | 0.66% | 182,203 | $10.9M | Add +1.0% |
| VOO Vanguard S&P 500 ETF | 0.65% | 17,542 | $10.7M | Add +40.5% |
| DELL Dell Technologies -C | 0.64% | 73,980 | $10.5M | Add +0.8% |
| BMY Bristol-Myers Squibb Co. | 0.63% | 229,201 | $10.3M | Add +28.4% |
| MTN Vail Resorts Inc. | 0.62% | 68,335 | $10.2M | Add +1.6% |
| BEN Franklin Templeton Inc. | 0.60% | 430,325 | $10.0M | Add +2.1% |
| QSR Restaurant Brands Intern | 0.59% | 150,637 | $9.7M | Add +35.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.58% | 93,212 | $9.6M | Add +2.7% |
| SIRI Sirius XM Holdings Inc. | 0.58% | 407,900 | $9.5M | Add +1.1% |
| PM Philip Morris International | 0.57% | 58,038 | $9.4M | Add +1.9% |
| FLOT iShares Floating Rate Bond E | 0.55% | 177,059 | $9.0M | Add +20.5% |
| AMZN Amazon.com Inc. | 0.54% | 40,609 | $8.9M | Add +3.7% |
| LLY Eli Lilly & Co. | 0.53% | 11,391 | $8.7M | Add +0.4% |
| COLB Columbia Banking System Inc. | 0.52% | 333,764 | $8.6M | New |
| LW Lamb Weston Holdings Inc. | 0.50% | 142,913 | $8.3M | Add +1.7% |
| KNTK Kinetik Holdings Inc. | 0.49% | 187,338 | $8.0M | Add +3.0% |
| FDX FedEx Corp. | 0.49% | 33,916 | $8.0M | Add +0.2% |
| NTR Nutrien Ltd. | 0.49% | 136,134 | $8.0M | Add +0.8% |
| JEPI JPMorgan Equity Premium Inco | 0.45% | 130,090 | $7.4M | Reduce -25.4% |
| MDT Medtronic PLC | 0.45% | 77,532 | $7.4M | Add +0.7% |
| PFE Pfizer Inc. | 0.45% | 289,160 | $7.4M | Reduce -0.2% |
| LOW Lowe's Cos Inc. | 0.45% | 29,205 | $7.3M | Reduce -0.6% |
| QCOM Qualcomm Inc. | 0.43% | 42,629 | $7.1M | Add +0.6% |
| TTE Totalenergies SE -Spon ADR | 0.42% | 115,587 | $6.9M | Add +1.3% |
| MA Mastercard Inc. Class A | 0.40% | 11,698 | $6.7M | Reduce -0.1% |
| FHI Federated Hermes Inc. | 0.40% | 128,022 | $6.6M | Add +0.0% |
| CAG Conagra Brands Inc. | 0.40% | 355,997 | $6.5M | Reduce -3.2% |
| EFA iShares MSCI Eafe ETF | 0.39% | 69,600 | $6.5M | Reduce -0.2% |
| EOG EOG Resources Inc. | 0.39% | 57,075 | $6.4M | Add +0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.38% | 121,913 | $6.3M | Add +32.8% |
| HD Home Depot Inc. | 0.38% | 15,302 | $6.2M | Add +0.2% |
| V Visa Inc. Class A | 0.37% | 17,649 | $6.0M | Reduce -4.7% |
| HPQ HP Inc. | 0.36% | 219,963 | $6.0M | Reduce -2.8% |
| CVX Chevron Corp. | 0.36% | 38,377 | $6.0M | Reduce -5.1% |
| UPS United Parcel Service Class B | 0.36% | 70,229 | $5.9M | Reduce -4.1% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.35% | 100,298 | $5.8M | Add +37.9% |
| IWF iShares Russell 1000 Growth | 0.35% | 12,275 | $5.7M | Reduce -0.6% |
| SYY Sysco Corp. | 0.34% | 68,630 | $5.7M | Reduce -0.2% |
| DPZ Domino's Pizza Inc. | 0.33% | 12,714 | $5.5M | Add +2.0% |
| JNJ Johnson & Johnson | 0.33% | 29,298 | $5.4M | Reduce -1.7% |
| CMCSA Comcast Corp. Class A | 0.31% | 163,095 | $5.1M | Reduce -4.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.31% | 18,130 | $5.1M | Reduce -0.2% |
| ABT Abbott Laboratories | 0.31% | 38,041 | $5.1M | Reduce -0.8% |
| ANET Arista Networks Inc. | 0.29% | 33,233 | $4.8M | Add +0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.28% | 9,297 | $4.7M | Add +3.3% |
| RDIV Invesco S&P Ultra Dividend | 0.28% | 89,520 | $4.7M | Add +2.4% |
| AMP Ameriprise Financial Inc. | 0.27% | 9,013 | $4.4M | Reduce -3.6% |
| PWR Quanta Services Inc. | 0.26% | 10,467 | $4.3M | Reduce -0.1% |
| KO The Coca-Cola Co. | 0.26% | 64,369 | $4.3M | Reduce -0.9% |
| COF Capital One Financial Corp. | 0.25% | 19,291 | $4.1M | Add +0.1% |
| UNP Union Pacific Corp. | 0.25% | 17,217 | $4.1M | Reduce -0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 11,654 | $3.8M | Add +3.0% |
| GOOG Alphabet Inc. Class C | 0.23% | 15,508 | $3.8M | Reduce -3.2% |
| ETN Eaton Corp. PLC | 0.23% | 9,958 | $3.7M | Reduce -3.5% |
| VOYA Voya Financial Inc. | 0.22% | 49,299 | $3.7M | Add +59.9% |
| MCK McKesson Corp. | 0.22% | 4,715 | $3.6M | Add +0.2% |
| LRCX Lam Research Corp. | 0.22% | 26,933 | $3.6M | Add +0.4% |
| HMC Honda Motor Co. Ltd.-Spons ADR | 0.22% | 115,927 | $3.6M | Add +1.4% |
| APH Amphenol Corp. Class A | 0.21% | 28,218 | $3.5M | Add +0.8% |
| NSC Norfolk Southern Corp. | 0.21% | 11,269 | $3.4M | Reduce -0.8% |
| COST Costco Wholesale Corp. | 0.20% | 3,598 | $3.3M | Add +1.6% |
| IVW iShares S&P 500 Growth ETF | 0.20% | 26,971 | $3.3M | Reduce -0.8% |
| MRK Merck & Co. Inc. | 0.20% | 38,759 | $3.3M | Reduce -1.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.20% | 11,553 | $3.2M | Add +0.2% |
| FISV Fiserv Inc. | 0.19% | 24,090 | $3.1M | Reduce -0.2% |
| IVE iShares S&P 500 Value ETF | 0.19% | 14,998 | $3.1M | Reduce -0.1% |
| VCIT Vanguard Int-Term Corporate | 0.18% | 35,273 | $3.0M | Add +14.3% |
| IJH iShares Core S&P Midcap ETF | 0.18% | 44,338 | $2.9M | Reduce -2.3% |
| PCH Potlatchdeltic Corp. | 0.17% | 69,273 | $2.8M | No change |
| CMI Cummins Inc. | 0.17% | 6,655 | $2.8M | Add +0.3% |
| GS Goldman Sachs Group Inc. | 0.17% | 3,455 | $2.8M | Add +0.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 888 | $1.1M | No change |
Total filed on the 13F, all lines: $1.6B.
Portfolio Sells Q2 2025 → Q3 2025
| SLB SLB Ltd. | Sold out | 0.00% | −0.41 |
| STZ Constellation Brands Inc. Class A | Reduce -91.4% | 0.03% | −0.38 |
| LYB Lyondellbasell Indu Class A | Reduce -90.7% | 0.02% | −0.28 |
| JEPI JPMorgan Equity Premium Inco | Reduce -25.4% | 0.45% | −0.20 |
| PZZA Papa John's Intl Inc. | Reduce -49.5% | 0.16% | −0.19 |
| PG The Procter & Gamble Co. | Reduce -0.0% | 1.29% | −0.16 |
| UPS United Parcel Service Class B | Reduce -4.1% | 0.36% | −0.13 |
| CAG Conagra Brands Inc. | Reduce -3.2% | 0.40% | −0.10 |
| CMCSA Comcast Corp. Class A | Reduce -4.6% | 0.31% | −0.09 |
| FISV Fiserv Inc. | Reduce -0.2% | 0.19% | −0.09 |
| META Meta Platforms Inc. Class A | Reduce -29.7% | 0.14% | −0.08 |
| V Visa Inc. Class A | Reduce -4.7% | 0.37% | −0.07 |
| ACN Accenture PLC Class A | Reduce -4.8% | 0.17% | −0.06 |
| AMP Ameriprise Financial Inc. | Reduce -3.6% | 0.27% | −0.06 |
| KO The Coca-Cola Co. | Reduce -0.9% | 0.26% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -0.2% | 0.31% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.0% | 1.56% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -4.4% | 0.13% | −0.04 |
| ABT Abbott Laboratories | Reduce -0.8% | 0.31% | −0.03 |
| JPST JPMorgan Ultra-Short Income | Sold out | 0.00% | −0.03 |
| COO The Cooper Cos Inc. | Sold out | 0.00% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -0.1% | 0.40% | −0.03 |
| PECO Phillips Edison & Company Inc. | Sold out | 0.00% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -13.4% | 0.14% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -32.0% | 0.04% | −0.02 |
| ADBE Adobe Inc. | Reduce -0.8% | 0.10% | −0.02 |
| AMT American Tower Corp. | Reduce -26.7% | 0.03% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -2.2% | 1.01% | −0.02 |
| CVX Chevron Corp. | Reduce -5.1% | 0.36% | −0.02 |
| CEG Constellation Energy | Reduce -8.0% | 0.13% | −0.02 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.02 |
| DIS The Walt Disney Co. | Reduce -1.9% | 0.09% | −0.02 |
| OHI Omega Healthcare Investors | Reduce -45.3% | 0.02% | −0.02 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.02 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.02 |
| DE Deere & Co. | Reduce -0.2% | 0.08% | −0.02 |
| DOW Dow Inc. | Sold out | 0.00% | −0.02 |
| SPGI S&P Global Inc. | Reduce -1.3% | 0.09% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -3.5% | 0.23% | −0.02 |
| EFA iShares MSCI Eafe ETF | Reduce -0.2% | 0.39% | −0.02 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.02 |
| PFE Pfizer Inc. | Reduce -0.2% | 0.45% | −0.02 |
| ADP Automatic Data Processing | Reduce -1.9% | 0.09% | −0.01 |
| TGT Target Corp. | Reduce -1.0% | 0.07% | −0.01 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.01 |
| UNP Union Pacific Corp. | Reduce -0.1% | 0.25% | −0.01 |
| ARCC Ares Capital Corp. | Sold out | 0.00% | −0.01 |
| XME SS SPDR S&P Metals Mining | Sold out | 0.00% | −0.01 |
| BSM Black Stone Minerals LP | Reduce -33.4% | 0.02% | −0.01 |
| FSIG FT Ltd. Duration Inv Grade | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| CADE Cadence Bank | Add +82.7% | 2.77% | +1.37 |
| COLB Columbia Banking System Inc. | New | 0.52% | +0.52 |
| WMT Walmart Inc. | Add +21.8% | 2.23% | +0.34 |
| VOO Vanguard S&P 500 ETF | Add +40.5% | 0.65% | +0.19 |
| BND Vanguard Total Bond Market | Add +26.5% | 0.99% | +0.15 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Add +1.8% | 6.39% | +0.11 |
| QSR Restaurant Brands Intern | Add +35.0% | 0.59% | +0.10 |
| BAC Bank of America Corp. | Add +32.8% | 0.38% | +0.10 |
| JEPQ JPM Nasdaq Equity Premium | Add +37.9% | 0.35% | +0.09 |
| BMY Bristol-Myers Squibb Co. | Add +28.4% | 0.63% | +0.08 |
| RTX RTX Corp. | Add +1.0% | 1.33% | +0.08 |
| VOYA Voya Financial Inc. | Add +59.9% | 0.22% | +0.08 |
| ANET Arista Networks Inc. | Add +0.8% | 0.29% | +0.07 |
| GD General Dynamics Corp. | Add +1.0% | 0.80% | +0.07 |
| FLOT iShares Floating Rate Bond E | Add +20.5% | 0.55% | +0.06 |
| VOOG Vanguard S&P 500 Growth ETF | Add +52.3% | 0.15% | +0.05 |
| TFC Truist Financial Corp. | Add +8.0% | 0.93% | +0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +5.2% | 1.30% | +0.05 |
| ARKK ARK Innovation ETF | Add +88.9% | 0.09% | +0.05 |
| LRCX Lam Research Corp. | Add +0.4% | 0.22% | +0.05 |
| AMAT Applied Materials Inc. | Add +0.1% | 1.43% | +0.04 |
| DELL Dell Technologies -C | Add +0.8% | 0.64% | +0.04 |
| IBIT iShares Bitcoin Trust ETF | Add +143.8% | 0.07% | +0.04 |
| OUNZ Vaneck Merk Gold ETF | Add +143.8% | 0.06% | +0.04 |
| VGSH Vanguard Short-Term Treasury | Add +130.4% | 0.06% | +0.03 |
| DFAC Dimensional US Core Equity 2 | Add +228.4% | 0.04% | +0.03 |
| FHI Federated Hermes Inc. | Add +0.0% | 0.40% | +0.03 |
| APH Amphenol Corp. Class A | Add +0.8% | 0.21% | +0.03 |
| CMI Cummins Inc. | Add +0.3% | 0.17% | +0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +33.5% | 0.14% | +0.03 |
| LW Lamb Weston Holdings Inc. | Add +1.7% | 0.50% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.2% | 0.20% | +0.02 |
| RKT Rocket Cos Inc. Class A | New | 0.02% | +0.02 |
| DFAX Dimensional World Ex US Core | New | 0.02% | +0.02 |
| VTEI Vanguard Int Tax-Exempt Bond | New | 0.02% | +0.02 |
| GNTX Gentex Corp. | Add +29.6% | 0.05% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +4.5% | 1.48% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +3.2% | 0.13% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.01% | +0.01 |
| VNQ Vanguard Real Estate ETF | New | 0.01% | +0.01 |
| ORLY O'reilly Automotive Inc. | Add +0.1% | 0.14% | +0.01 |
| VONE Vanguard Russell 1000 | New | 0.01% | +0.01 |
| SIMO Silicon Motion Technol-ADR | Add +0.4% | 0.09% | +0.01 |
| BNDX Vanguard Total Intl Bond ETF | New | 0.01% | +0.01 |
| DFAT Dimensional US Target Value | New | 0.01% | +0.01 |
| XLK SS Technology Select Sector | New | 0.01% | +0.01 |
| FRT Federal Realty Invs Trust | New | 0.01% | +0.01 |
| VLO Valero Energy Corp. | Add +0.2% | 0.09% | +0.01 |
| FN Fabrinet | New | 0.01% | +0.01 |
| VOOV Vanguard S&P 500 Value ETF | New | 0.01% | +0.01 |
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 |