Community Bank & Trust, Waco, Texas

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Community Bank & Trust, Waco, Texas reported 143 stock positions worth $424.9 million. Its top holding was Apple (AAPL) at 11.1% of the portfolio, followed by Microsoft (MSFT, 4.0%) and Berkshire Hathaway Class B (BRK.B, 3.6%). Compared with Q4 2024, it opened 5 new positions, sold out of 2, added to 34 and reduced 74. The biggest buy was a new position in BlackRock (BLK) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
WACO, TX
CIK
0001654847
Portfolio Value
$424.9M (Q1 2025)
SEC Filing
0001654847-25-000002 ↗ filed May 13, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $407.5M Q1 2024 Q2 2024: $400.3M Q2 2024 Q3 2024: $444.0M Q3 2024 Q4 2024: $438.1M Q4 2024 Q1 2025: $424.9M $424.9M Q1 2025 Q2 2025: $441.6M Q2 2025 Q3 2025: $484.7M Q3 2025 Q4 2025: $487.1M Q4 2025 Q1 2026: $504.5M Q1 2026 Q2 2026: $554.5M Q2 2026

Holdings 143 stocks · $424.9M
AAPL Apple Inc. 11.10% 212,223 $47.1M Reduce -1.1%
MSFT Microsoft Corp. 4.01% 45,411 $17.0M Reduce -1.3%
BRK.B Berkshire Hathaway Inc. Class B 3.63% 28,942 $15.4M Reduce -0.4%
JPM JPMorgan Chase & Co. 2.89% 50,086 $12.3M Reduce -0.9%
NVDA Nvidia Corp. 2.76% 108,311 $11.7M Reduce -0.9%
BX Blackstone Inc. 2.50% 75,841 $10.6M Reduce -0.8%
WMT Walmart Inc. 2.44% 118,011 $10.4M Reduce -1.0%
XOM Exxon Mobil Corp. 2.38% 85,088 $10.1M Reduce -0.1%
AMZN Amazon.com Inc. 2.31% 51,535 $9.8M Reduce -1.8%
LMT Lockheed Martin Corp. 2.19% 20,783 $9.3M Reduce -1.6%
JNJ Johnson & Johnson 2.13% 54,612 $9.1M Reduce -0.9%
PG The Procter & Gamble Co. 2.09% 52,108 $8.9M Reduce -0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.08% 35,577 $8.8M Add +0.1%
CAT Caterpillar Inc. 1.93% 24,875 $8.2M Reduce -3.3%
MCD McDonald's Corp. 1.84% 25,076 $7.8M Reduce -1.9%
CVX Chevron Corp. 1.84% 46,687 $7.8M Reduce -0.6%
VLO Valero Energy Corp. 1.80% 57,968 $7.7M Reduce -0.3%
GOOGL Alphabet Inc. Class A 1.79% 49,085 $7.6M Reduce -0.3%
ABBV Abbvie Inc. 1.71% 34,707 $7.3M Reduce -1.6%
UNH Unitedhealth Group Inc. 1.71% 13,866 $7.3M Reduce -0.8%
HD Home Depot Inc. 1.64% 19,043 $7.0M Add +0.1%
PEP Pepsico Inc. 1.56% 44,267 $6.6M Reduce -1.2%
CSCO Cisco Systems Inc. 1.54% 105,793 $6.5M Reduce -1.1%
SO The Southern Co. 1.41% 65,215 $6.0M Reduce -1.5%
GD General Dynamics Corp. 1.39% 21,627 $5.9M Reduce -0.6%
ELV Elevance Health Inc. 1.34% 13,092 $5.7M Reduce -3.5%
UNP Union Pacific Corp. 1.32% 23,719 $5.6M Reduce -0.9%
PAYX Paychex Inc. 1.30% 35,840 $5.5M Reduce -0.9%
ABT Abbott Laboratories 1.27% 40,601 $5.4M Reduce -0.5%
LOW Lowe's Cos Inc. 1.23% 22,492 $5.2M Reduce -0.4%
PRU Prudential Financial Inc. 1.23% 46,786 $5.2M Add +0.5%
MO Altria Group Inc. 1.01% 71,389 $4.3M Reduce -0.8%
MRK Merck & Co. Inc. 0.99% 46,688 $4.2M Add +0.1%
PSX Phillips 66 0.98% 33,563 $4.1M Add +0.1%
AVGO Broadcom Inc. 0.97% 24,564 $4.1M Reduce -3.3%
VZ Verizon Communications Inc. 0.90% 83,888 $3.8M Add +1.0%
ICE Intercontinental Exchange Inc. 0.86% 21,164 $3.7M Reduce -0.3%
AMGN Amgen Inc. 0.72% 9,832 $3.1M Add +0.0%
GOOG Alphabet Inc. Class C 0.71% 19,200 $3.0M Reduce -0.8%
ADP Automatic Data Processing 0.65% 8,981 $2.7M No change
MCHP Microchip Technology Inc. 0.64% 56,341 $2.7M Reduce -3.2%
MDLZ Mondelez International Inc. Class A 0.64% 40,154 $2.7M Add +0.6%
QCOM Qualcomm Inc. 0.64% 17,705 $2.7M Add +0.2%
NSC Norfolk Southern Corp. 0.62% 11,176 $2.6M Add +0.2%
KO The Coca-Cola Co. 0.56% 33,112 $2.4M Reduce -0.0%
BKNG Booking Holdings Inc. 0.55% 504 $2.3M Reduce -5.3%
BBY Best Buy Co. Inc. 0.54% 30,970 $2.3M Add +0.5%
ORCL Oracle Corp. 0.52% 15,709 $2.2M Reduce -0.3%
DUK Duke Energy Corp. 0.51% 17,878 $2.2M Add +0.5%
KHC The Kraft Heinz Co. 0.50% 69,382 $2.1M Add +3.0%
BLK BlackRock Inc. 0.49% 2,194 $2.1M New
CBRE CBRE Group Inc. Class A 0.46% 15,031 $2.0M Reduce -0.5%
PM Philip Morris International 0.46% 12,292 $2.0M Reduce -3.3%
COP Conocophillips 0.42% 17,001 $1.8M Add +2.5%
KMI Kinder Morgan Inc. 0.40% 60,149 $1.7M Add +5.2%
PFE Pfizer Inc. 0.40% 67,148 $1.7M Reduce -6.0%
CSX CSX Corp. 0.39% 56,902 $1.7M Add +0.2%
MA Mastercard Inc. Class A 0.39% 3,051 $1.7M Add +0.5%
MDT Medtronic PLC 0.38% 17,768 $1.6M Reduce -0.5%
MU Micron Technology Inc. 0.37% 18,233 $1.6M Reduce -0.7%
TMUS T-Mobile US Inc. 0.37% 5,818 $1.6M Add +0.0%
RIO Rio Tinto PLC-Spon ADR 0.36% 25,498 $1.5M Add +3.8%
RTX RTX Corp. 0.35% 11,252 $1.5M Reduce -2.8%
GPN Global Payments Inc. 0.33% 14,431 $1.4M Reduce -2.7%
DE Deere & Co. 0.32% 2,925 $1.4M Reduce -3.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.31% 31,181 $1.3M Reduce -0.6%
AMD Advanced Micro Devices 0.29% 11,824 $1.2M Add +1.5%
ALL Allstate Corp. 0.28% 5,696 $1.2M Reduce -0.8%
KR Kroger Co. 0.28% 17,385 $1.2M No change
ORLY O'reilly Automotive Inc. 0.26% 780 $1.1M Reduce -2.5%
WELL Welltower Inc. 0.26% 7,289 $1.1M Reduce -8.5%
NKE Nike Inc. Class B 0.26% 17,219 $1.1M Reduce -2.3%
TGT Target Corp. 0.25% 10,330 $1.1M Reduce -0.1%
INTC Intel Corp. 0.25% 47,323 $1.1M Reduce -10.8%
CRM Salesforce Inc. 0.25% 3,973 $1.1M Reduce -0.2%
TM Toyota Motor Corp. -Spon ADR 0.25% 5,932 $1.0M Reduce -0.0%
INTU Intuit Inc. 0.23% 1,560 $958K Reduce -0.5%
CVS CVS Health Corp. 0.22% 13,942 $945K Reduce -5.4%
DOW Dow Inc. 0.22% 26,840 $937K Add +0.3%
MCK McKesson Corp. 0.19% 1,225 $824K No change
STX Seagate Technology Holdings 0.19% 9,344 $794K Reduce -6.3%
AMAT Applied Materials Inc. 0.18% 5,413 $786K Reduce -12.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.18% 1,399 $783K Add +8.1%
WM Waste Management Inc. 0.18% 3,359 $778K Add +0.4%
CAH Cardinal Health Inc. 0.18% 5,524 $761K Add +2.1%
TXN Texas Instruments Inc. 0.18% 4,192 $753K Reduce -1.2%
RY Royal Bank of Canada 0.16% 6,166 $695K Add +4.6%
TMO Thermo Fisher Scientific Inc. 0.16% 1,375 $684K No change
TU Telus Corp. 0.16% 47,662 $683K Add +6.1%
ACN Accenture PLC Class A 0.16% 2,178 $680K Add +0.6%
TFC Truist Financial Corp. 0.16% 16,500 $679K Add +7.9%
CEG Constellation Energy 0.16% 3,297 $665K Reduce -0.6%
COST Costco Wholesale Corp. 0.15% 696 $658K No change
ZBH Zimmer Biomet Holdings Inc. 0.15% 5,525 $625K Reduce -0.0%
TT Trane Technologies PLC 0.15% 1,843 $621K No change
BA The Boeing Co. 0.13% 3,344 $570K Reduce -0.9%
CCI Crown Castle Inc. 0.13% 5,386 $561K Reduce -2.6%
AZN Astrazeneca PLC-Spons ADR 0.13% 7,623 $560K Add +6.8%
META Meta Platforms Inc. Class A 0.13% 959 $553K Add +2.4%
V Visa Inc. Class A 0.13% 1,525 $534K Reduce -4.4%
ROP Roper Technologies Inc. 0.13% 900 $531K No change
MMM 3M Co. 0.12% 3,523 $517K No change
HPQ HP Inc. 0.12% 18,525 $513K Add +6.0%
LLY Eli Lilly & Co. 0.12% 620 $512K No change
UPS United Parcel Service Class B 0.12% 4,538 $499K Reduce -1.9%
CFR Cullen/Frost Bankers Inc. 0.11% 3,600 $451K No change
EXC Exelon Corp. 0.10% 9,674 $446K Reduce -0.7%
TSCO Tractor Supply Company 0.10% 7,750 $427K No change
NFLX Netflix Inc. 0.10% 450 $420K No change
TSLA Tesla Inc. 0.10% 1,567 $406K Add +3.0%
NOC Northrop Grumman Corp. 0.09% 782 $400K Reduce -0.9%
PHM Pultegroup Inc. 0.09% 3,838 $395K Reduce -0.1%
HON Honeywell International Inc. 0.09% 1,808 $383K No change
ADBE Adobe Inc. 0.09% 996 $382K Reduce -6.6%
SYK Stryker Corp. 0.09% 1,027 $382K Reduce -4.9%
KMB Kimberly-Clark Corp. 0.09% 2,659 $378K Reduce -0.9%
PKG Packaging Corp. of America 0.09% 1,849 $366K No change
CRUS Cirrus Logic Inc. 0.08% 3,500 $349K No change
DHR Danaher Corp. 0.08% 1,700 $349K No change
O Realty Income Corp. 0.08% 6,003 $348K Reduce -18.8%
BABA Alibaba Group Holding-SP ADR 0.08% 2,582 $341K Add +4.9%
IDV iShares International Select 0.07% 9,897 $307K Reduce -6.6%
DOV Dover Corp. 0.07% 1,725 $303K No change
NVS Novartis AG-Sponsored ADR 0.07% 2,651 $296K No change
USB US Bancorp 0.06% 6,301 $266K No change
SDY SS SPDR S&P Dividend ETF 0.06% 1,918 $260K No change
IJJ iShares S&P Mid-Cap 400 Valu 0.06% 2,098 $251K No change
AON Aon PLC Class A 0.06% 621 $248K Add +0.5%
APD Air Products & Chemicals Inc. 0.06% 800 $236K No change
IJR iShares Core S&P Small-Cap E 0.06% 2,243 $235K No change
EOG EOG Resources Inc. 0.05% 1,814 $233K No change
ITW Illinois Tool Works 0.05% 909 $225K No change
PANW Palo Alto Networks Inc. 0.05% 1,320 $225K No change
EMR Emerson Electric Co. 0.05% 2,040 $224K No change
EPD Enterprise Products Partners 0.05% 6,405 $219K No change
WSM Williams-Sonoma Inc. 0.05% 1,370 $217K Reduce -3.5%
CRH CRH PLC 0.05% 2,470 $217K No change
CL Colgate-Palmolive Co. 0.05% 2,300 $216K No change
LUV Southwest Airlines Co. 0.05% 9,375 $215K Reduce -0.2%
MKC McCormick & Co.-Non VTG SHRS 0.05% 2,600 $214K New
VEA Vanguard Ftse Developed ETF 0.05% 4,097 $208K New
WEC WEC Energy Group Inc. 0.05% 1,868 $204K New
VWO Vanguard Ftse Emerging Marke 0.05% 4,457 $202K New

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -1.1% 11.10% −1.18
NVDA Nvidia Corp. Reduce -0.9% 2.76% −0.59
BX Blackstone Inc. Reduce -0.8% 2.50% −0.51
MSFT Microsoft Corp. Reduce -1.3% 4.01% −0.41
AVGO Broadcom Inc. Reduce -3.3% 0.97% −0.38
GOOGL Alphabet Inc. Class A Reduce -0.3% 1.79% −0.34
AMZN Amazon.com Inc. Reduce -1.8% 2.31% −0.32
CAT Caterpillar Inc. Reduce -3.3% 1.93% −0.20
LMT Lockheed Martin Corp. Reduce -1.6% 2.19% −0.16
GOOG Alphabet Inc. Class C Reduce -0.8% 0.71% −0.14
MCHP Microchip Technology Inc. Reduce -3.2% 0.64% −0.12
ORCL Oracle Corp. Reduce -0.3% 0.52% −0.08
TGT Target Corp. Reduce -0.1% 0.25% −0.07
BKNG Booking Holdings Inc. Reduce -5.3% 0.55% −0.06
CRM Salesforce Inc. Reduce -0.2% 0.25% −0.05
IRM Iron Mountain Inc. Sold out 0.00% −0.05
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.05
NKE Nike Inc. Class B Reduce -2.3% 0.26% −0.05
GPN Global Payments Inc. Reduce -2.7% 0.33% −0.05
AMAT Applied Materials Inc. Reduce -12.2% 0.18% −0.04
LOW Lowe's Cos Inc. Reduce -0.4% 1.23% −0.04
PFE Pfizer Inc. Reduce -6.0% 0.40% −0.03
LUV Southwest Airlines Co. Reduce -0.2% 0.05% −0.02
WMT Walmart Inc. Reduce -1.0% 2.44% −0.02
ADBE Adobe Inc. Reduce -6.6% 0.09% −0.02
TM Toyota Motor Corp. -Spon ADR Reduce -0.0% 0.25% −0.02
UPS United Parcel Service Class B Reduce -1.9% 0.12% −0.02
CEG Constellation Energy Reduce -0.6% 0.16% −0.01
STX Seagate Technology Holdings Reduce -6.3% 0.19% −0.01
WSM Williams-Sonoma Inc. Reduce -3.5% 0.05% −0.01
BAC Bank of America Corp. Reduce -0.6% 0.31% −0.01
O Realty Income Corp. Reduce -18.8% 0.08% −0.01
TXN Texas Instruments Inc. Reduce -1.2% 0.18% −0.00
PHM Pultegroup Inc. Reduce -0.1% 0.09% −0.00
BA The Boeing Co. Reduce -0.9% 0.13% −0.00
INTU Intuit Inc. Reduce -0.5% 0.23% +0.00
SYK Stryker Corp. Reduce -4.9% 0.09% +0.00
IDV iShares International Select Reduce -6.6% 0.07% +0.01
KMB Kimberly-Clark Corp. Reduce -0.9% 0.09% +0.01
CBRE CBRE Group Inc. Class A Reduce -0.5% 0.46% +0.01
INTC Intel Corp. Reduce -10.8% 0.25% +0.01
V Visa Inc. Class A Reduce -4.4% 0.13% +0.01
ZBH Zimmer Biomet Holdings Inc. Reduce -0.0% 0.15% +0.01
CCI Crown Castle Inc. Reduce -2.6% 0.13% +0.02
MU Micron Technology Inc. Reduce -0.7% 0.37% +0.02
EXC Exelon Corp. Reduce -0.7% 0.10% +0.02
ALL Allstate Corp. Reduce -0.8% 0.28% +0.02
DE Deere & Co. Reduce -3.0% 0.32% +0.03
NOC Northrop Grumman Corp. Reduce -0.9% 0.09% +0.03
WELL Welltower Inc. Reduce -8.5% 0.26% +0.03

Portfolio Buys Q4 2024 → Q1 2025
BLK BlackRock Inc. New 0.49% +0.49
IBM Intl Business Machines Corp. Add +0.1% 2.08% +0.30
VZ Verizon Communications Inc. Add +1.0% 0.90% +0.14
AMGN Amgen Inc. Add +0.0% 0.72% +0.14
PSX Phillips 66 Add +0.1% 0.98% +0.10
MDLZ Mondelez International Inc. Class A Add +0.6% 0.64% +0.10
DUK Duke Energy Corp. Add +0.5% 0.51% +0.08
TMUS T-Mobile US Inc. Add +0.0% 0.37% +0.07
MKC McCormick & Co.-Non VTG SHRS New 0.05% +0.05
VEA Vanguard Ftse Developed ETF New 0.05% +0.05
WEC WEC Energy Group Inc. New 0.05% +0.05
VWO Vanguard Ftse Emerging Marke New 0.05% +0.05
KMI Kinder Morgan Inc. Add +5.2% 0.40% +0.05
COP Conocophillips Add +2.5% 0.42% +0.04
CAH Cardinal Health Inc. Add +2.1% 0.18% +0.03
BABA Alibaba Group Holding-SP ADR Add +4.9% 0.08% +0.03
WM Waste Management Inc. Add +0.4% 0.18% +0.03
MA Mastercard Inc. Class A Add +0.5% 0.39% +0.03
RIO Rio Tinto PLC-Spon ADR Add +3.8% 0.36% +0.03
AZN Astrazeneca PLC-Spons ADR Add +6.8% 0.13% +0.03
NSC Norfolk Southern Corp. Add +0.2% 0.62% +0.03
KHC The Kraft Heinz Co. Add +3.0% 0.50% +0.02
TU Telus Corp. Add +6.1% 0.16% +0.02
QCOM Qualcomm Inc. Add +0.2% 0.64% +0.02
SPY SS SPDR S&P 500 ETF Trust-US Add +8.1% 0.18% +0.01
TFC Truist Financial Corp. Add +7.9% 0.16% +0.01
AON Aon PLC Class A Add +0.5% 0.06% +0.01
META Meta Platforms Inc. Class A Add +2.4% 0.13% +0.00
RY Royal Bank of Canada Add +4.6% 0.16% +0.00
HPQ HP Inc. Add +6.0% 0.12% −0.01
ACN Accenture PLC Class A Add +0.6% 0.16% −0.01
CSX CSX Corp. Add +0.2% 0.39% −0.02
DOW Dow Inc. Add +0.3% 0.22% −0.02
PRU Prudential Financial Inc. Add +0.5% 1.23% −0.03
AMD Advanced Micro Devices Add +1.5% 0.29% −0.04
TSLA Tesla Inc. Add +3.0% 0.10% −0.04
HD Home Depot Inc. Add +0.1% 1.64% −0.05
BBY Best Buy Co. Inc. Add +0.5% 0.54% −0.07
MRK Merck & Co. Inc. Add +0.1% 0.99% −0.07

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 168$554.5MAAPL, CAT, MU, NVDA, GOOGL
Q1 2026 161$504.5MAAPL, NVDA, CAT, MSFT, JPM
Q4 2025 153$487.1MAAPL, MSFT, NVDA, JPM, GOOGL
Q3 2025 149$484.7MAAPL, MSFT, NVDA, JPM, BRK.B
Q2 2025 143$441.6MAAPL, MSFT, NVDA, JPM, BRK.B
Q1 2025 143$424.9MAAPL, MSFT, BRK.B, JPM, NVDA
Q4 2024 140$438.1MAAPL, MSFT, NVDA, BX, BRK.B
Q3 2024 142$444.0MAAPL, MSFT, NVDA, BRK.B, LMT
Q2 2024 137$400.3MAAPL, MSFT, NVDA, BRK.B, AMZN
Q1 2024 142$407.5MAAPL, MSFT, BRK.B, NVDA, BX