Community Bank & Trust, Waco, Texas
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Community Bank & Trust, Waco, Texas reported 149 stock positions worth $484.7 million. Its top holding was Apple (AAPL) at 11.0% of the portfolio, followed by Microsoft (MSFT, 4.8%) and Nvidia (NVDA, 4.1%). Compared with Q2 2025, it opened 8 new positions, sold out of 2, added to 57 and reduced 54. The biggest buy was Valero Energy (VLO, shares +0%) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- WACO, TX
- CIK
- 0001654847
- Portfolio Value
- $484.7M (Q3 2025)
- SEC Filing
- 0001654847-25-000006 ↗ filed Oct 28, 2025
Holdings Value
Holdings 149 stocks · $484.7M
| AAPL Apple Inc. | 10.98% | 209,072 | $53.2M | Reduce -0.7% |
| MSFT Microsoft Corp. | 4.76% | 44,570 | $23.1M | Reduce -0.6% |
| NVDA Nvidia Corp. | 4.13% | 107,289 | $20.0M | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 3.30% | 50,635 | $16.0M | Add +0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.98% | 28,708 | $14.4M | Reduce -0.4% |
| BX Blackstone Inc. | 2.68% | 76,097 | $13.0M | Add +0.5% |
| WMT Walmart Inc. | 2.48% | 116,435 | $12.0M | Reduce -1.2% |
| GOOGL Alphabet Inc. Class A | 2.46% | 48,964 | $11.9M | Reduce -0.2% |
| CAT Caterpillar Inc. | 2.44% | 24,772 | $11.8M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 2.29% | 50,510 | $11.1M | Reduce -0.8% |
| LMT Lockheed Martin Corp. | 2.14% | 20,751 | $10.4M | Add +0.1% |
| JNJ Johnson & Johnson | 2.09% | 54,708 | $10.1M | Reduce -0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.08% | 35,749 | $10.1M | Add +0.4% |
| VLO Valero Energy Corp. | 2.06% | 58,520 | $10.0M | Add +0.4% |
| XOM Exxon Mobil Corp. | 1.97% | 84,759 | $9.6M | Add +0.1% |
| PG The Procter & Gamble Co. | 1.67% | 52,757 | $8.1M | Add +1.0% |
| ABBV Abbvie Inc. | 1.66% | 34,677 | $8.0M | Add +0.3% |
| AVGO Broadcom Inc. | 1.62% | 23,759 | $7.8M | Reduce -2.1% |
| MCD McDonald's Corp. | 1.60% | 25,471 | $7.7M | Add +1.0% |
| HD Home Depot Inc. | 1.59% | 19,031 | $7.7M | Reduce -0.0% |
| GD General Dynamics Corp. | 1.56% | 22,115 | $7.5M | Reduce -0.0% |
| CVX Chevron Corp. | 1.52% | 47,407 | $7.4M | Add +0.8% |
| CSCO Cisco Systems Inc. | 1.51% | 106,740 | $7.3M | Add +0.7% |
| SO The Southern Co. | 1.30% | 66,601 | $6.3M | Add +1.4% |
| PEP Pepsico Inc. | 1.23% | 42,603 | $6.0M | Reduce -1.1% |
| UNP Union Pacific Corp. | 1.16% | 23,828 | $5.6M | Add +0.3% |
| LOW Lowe's Cos Inc. | 1.15% | 22,176 | $5.6M | Reduce -1.3% |
| ABT Abbott Laboratories | 1.12% | 40,576 | $5.4M | Reduce -0.2% |
| PRU Prudential Financial Inc. | 1.03% | 47,927 | $5.0M | Add +1.8% |
| MO Altria Group Inc. | 1.00% | 73,358 | $4.8M | Add +2.0% |
| UNH Unitedhealth Group Inc. | 0.96% | 13,536 | $4.7M | Reduce -2.7% |
| PSX Phillips 66 | 0.96% | 34,261 | $4.7M | Add +0.9% |
| PAYX Paychex Inc. | 0.96% | 36,516 | $4.6M | Add +1.6% |
| GOOG Alphabet Inc. Class C | 0.95% | 18,990 | $4.6M | Reduce -0.3% |
| ORCL Oracle Corp. | 0.91% | 15,728 | $4.4M | Add +0.3% |
| ELV Elevance Health Inc. | 0.86% | 12,971 | $4.2M | Reduce -0.3% |
| VZ Verizon Communications Inc. | 0.80% | 88,087 | $3.9M | Add +3.5% |
| MRK Merck & Co. Inc. | 0.75% | 43,475 | $3.6M | Reduce -5.0% |
| MCHP Microchip Technology Inc. | 0.73% | 54,851 | $3.5M | Add +0.4% |
| ICE Intercontinental Exchange Inc. | 0.72% | 20,846 | $3.5M | Reduce 0.0% |
| NSC Norfolk Southern Corp. | 0.68% | 10,944 | $3.3M | Reduce -0.6% |
| MU Micron Technology Inc. | 0.64% | 18,411 | $3.1M | Add +1.2% |
| QCOM Qualcomm Inc. | 0.61% | 17,646 | $2.9M | Reduce -0.8% |
| AMGN Amgen Inc. | 0.58% | 10,020 | $2.8M | Add +1.7% |
| BLK BlackRock Inc. | 0.55% | 2,275 | $2.7M | Add +2.4% |
| BKNG Booking Holdings Inc. | 0.55% | 491 | $2.7M | Reduce -0.2% |
| ADP Automatic Data Processing | 0.54% | 8,981 | $2.6M | No change |
| MDLZ Mondelez International Inc. Class A | 0.52% | 40,614 | $2.5M | Add +0.0% |
| BBY Best Buy Co. Inc. | 0.49% | 31,648 | $2.4M | Reduce -1.3% |
| DUK Duke Energy Corp. | 0.49% | 19,267 | $2.4M | Add +6.1% |
| STX Seagate Technology Holdings | 0.48% | 9,878 | $2.3M | Add +3.5% |
| CBRE CBRE Group Inc. Class A | 0.48% | 14,623 | $2.3M | Reduce -1.1% |
| KO The Coca-Cola Co. | 0.47% | 34,715 | $2.3M | Add +3.4% |
| CSX CSX Corp. | 0.42% | 57,080 | $2.0M | Reduce -0.2% |
| PM Philip Morris International | 0.41% | 12,247 | $2.0M | Reduce -0.4% |
| RIO Rio Tinto PLC-Spon ADR | 0.40% | 29,578 | $2.0M | Add +7.4% |
| KHC The Kraft Heinz Co. | 0.40% | 74,852 | $1.9M | Add +4.4% |
| KMI Kinder Morgan Inc. | 0.39% | 67,232 | $1.9M | Add +4.2% |
| RTX RTX Corp. | 0.39% | 11,301 | $1.9M | Add +0.1% |
| AMD Advanced Micro Devices | 0.39% | 11,742 | $1.9M | Reduce -0.8% |
| MDT Medtronic PLC | 0.37% | 18,663 | $1.8M | Add +2.8% |
| COP Conocophillips | 0.36% | 18,360 | $1.7M | Add +6.4% |
| PFE Pfizer Inc. | 0.35% | 66,841 | $1.7M | Add +0.6% |
| MA Mastercard Inc. Class A | 0.34% | 2,909 | $1.7M | Reduce -4.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 30,861 | $1.6M | Reduce -0.1% |
| TMUS T-Mobile US Inc. | 0.30% | 5,990 | $1.4M | Add +2.4% |
| INTC Intel Corp. | 0.27% | 39,366 | $1.3M | Reduce -12.5% |
| DE Deere & Co. | 0.27% | 2,855 | $1.3M | Reduce -2.1% |
| WELL Welltower Inc. | 0.26% | 7,139 | $1.3M | Reduce -2.1% |
| KR Kroger Co. | 0.26% | 18,846 | $1.3M | Add +0.9% |
| ORLY O'reilly Automotive Inc. | 0.26% | 11,700 | $1.3M | No change |
| ALL Allstate Corp. | 0.25% | 5,686 | $1.2M | No change |
| TM Toyota Motor Corp. -Spon ADR | 0.25% | 6,292 | $1.2M | Add +1.8% |
| NKE Nike Inc. Class B | 0.24% | 16,852 | $1.2M | Reduce -1.2% |
| AMAT Applied Materials Inc. | 0.23% | 5,403 | $1.1M | Add +2.1% |
| GPN Global Payments Inc. | 0.23% | 13,308 | $1.1M | Reduce -4.8% |
| INTU Intuit Inc. | 0.23% | 1,612 | $1.1M | Add +3.1% |
| CEG Constellation Energy | 0.22% | 3,297 | $1.1M | No change |
| RY Royal Bank of Canada | 0.22% | 7,206 | $1.1M | Add +11.1% |
| CVS CVS Health Corp. | 0.21% | 13,692 | $1.0M | Reduce -2.2% |
| TGT Target Corp. | 0.21% | 11,398 | $1.0M | Add +2.1% |
| MCK McKesson Corp. | 0.20% | 1,225 | $946K | No change |
| CRM Salesforce Inc. | 0.19% | 3,787 | $898K | Reduce -4.7% |
| CAH Cardinal Health Inc. | 0.18% | 5,694 | $894K | Add +1.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.18% | 1,334 | $889K | Reduce -1.8% |
| TFC Truist Financial Corp. | 0.18% | 18,833 | $861K | Add +9.9% |
| TU Telus Corp. | 0.17% | 53,532 | $844K | Add +6.4% |
| WM Waste Management Inc. | 0.17% | 3,692 | $815K | Add +7.1% |
| TT Trane Technologies PLC | 0.16% | 1,828 | $771K | Add +3.0% |
| TXN Texas Instruments Inc. | 0.16% | 4,192 | $770K | No change |
| BA The Boeing Co. | 0.15% | 3,316 | $716K | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 0.14% | 949 | $697K | No change |
| TSLA Tesla Inc. | 0.14% | 1,555 | $692K | No change |
| AZN Astrazeneca PLC-Spons ADR | 0.14% | 8,784 | $674K | Add +10.1% |
| BABA Alibaba Group Holding-SP ADR | 0.14% | 3,706 | $662K | Add +5.2% |
| TMO Thermo Fisher Scientific Inc. | 0.13% | 1,348 | $654K | Reduce -2.0% |
| COST Costco Wholesale Corp. | 0.13% | 685 | $634K | Reduce -0.1% |
| NOC Northrop Grumman Corp. | 0.13% | 1,017 | $620K | Add +9.2% |
| ACN Accenture PLC Class A | 0.12% | 2,436 | $601K | Add +0.4% |
| HPQ HP Inc. | 0.12% | 21,882 | $596K | Add +13.0% |
Portfolio Sells Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Reduce -0.6% | 4.76% | −0.29 |
| ELV Elevance Health Inc. | Reduce -0.3% | 0.86% | −0.28 |
| AMZN Amazon.com Inc. | Reduce -0.8% | 2.29% | −0.24 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.4% | 2.98% | −0.19 |
| ICE Intercontinental Exchange Inc. | Reduce 0.0% | 0.72% | −0.14 |
| WMT Walmart Inc. | Reduce -1.2% | 2.48% | −0.13 |
| ABT Abbott Laboratories | Reduce -0.2% | 1.12% | −0.13 |
| BKNG Booking Holdings Inc. | Reduce -0.2% | 0.55% | −0.10 |
| PM Philip Morris International | Reduce -0.4% | 0.41% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -5.0% | 0.75% | −0.07 |
| DE Deere & Co. | Reduce -2.1% | 0.27% | −0.07 |
| DOW Dow Inc. | Reduce -24.9% | 0.09% | −0.07 |
| CRM Salesforce Inc. | Reduce -4.7% | 0.19% | −0.06 |
| PEP Pepsico Inc. | Reduce -1.1% | 1.23% | −0.05 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.05 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -4.1% | 0.34% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -0.8% | 0.61% | −0.04 |
| NKE Nike Inc. Class B | Reduce -1.2% | 0.24% | −0.03 |
| GPN Global Payments Inc. | Reduce -4.8% | 0.23% | −0.03 |
| CCI Crown Castle Inc. | Reduce -4.0% | 0.10% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -0.1% | 0.13% | −0.02 |
| ADBE Adobe Inc. | Reduce -12.5% | 0.06% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -2.7% | 0.96% | −0.02 |
| V Visa Inc. Class A | Reduce -1.1% | 0.10% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -3.7% | 0.09% | −0.02 |
| DOV Dover Corp. | Reduce -4.9% | 0.06% | −0.01 |
| BA The Boeing Co. | Reduce -0.8% | 0.15% | −0.01 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -7.7% | 0.10% | −0.01 |
| EMR Emerson Electric Co. | Reduce -4.2% | 0.05% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.8% | 0.18% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -9.8% | 0.06% | −0.01 |
| EXC Exelon Corp. | Reduce -1.2% | 0.09% | −0.01 |
| CVS CVS Health Corp. | Reduce -2.2% | 0.21% | −0.01 |
| CSX CSX Corp. | Reduce -0.2% | 0.42% | −0.00 |
| BAC Bank of America Corp. | Reduce -0.1% | 0.33% | −0.00 |
| USB US Bancorp | Reduce -0.4% | 0.06% | −0.00 |
| PKG Packaging Corp. of America | Reduce -2.7% | 0.08% | +0.00 |
| BBY Best Buy Co. Inc. | Reduce -1.3% | 0.49% | +0.01 |
| CBRE CBRE Group Inc. Class A | Reduce -1.1% | 0.48% | +0.01 |
| WELL Welltower Inc. | Reduce -2.1% | 0.26% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.0% | 0.13% | +0.01 |
| AMD Advanced Micro Devices | Reduce -0.8% | 0.39% | +0.01 |
| HD Home Depot Inc. | Reduce -0.0% | 1.59% | +0.01 |
| PHM Pultegroup Inc. | Reduce -0.2% | 0.10% | +0.01 |
| LOW Lowe's Cos Inc. | Reduce -1.3% | 1.15% | +0.02 |
| NSC Norfolk Southern Corp. | Reduce -0.6% | 0.68% | +0.04 |
| INTC Intel Corp. | Reduce -12.5% | 0.27% | +0.04 |
| GD General Dynamics Corp. | Reduce -0.0% | 1.56% | +0.09 |
| AVGO Broadcom Inc. | Reduce -2.1% | 1.62% | +0.10 |
Portfolio Buys Q2 2025 → Q3 2025
| VLO Valero Energy Corp. | Add +0.4% | 2.06% | +0.28 |
| ABBV Abbvie Inc. | Add +0.3% | 1.66% | +0.20 |
| STX Seagate Technology Holdings | Add +3.5% | 0.48% | +0.17 |
| ORCL Oracle Corp. | Add +0.3% | 0.91% | +0.14 |
| MU Micron Technology Inc. | Add +1.2% | 0.64% | +0.13 |
| BX Blackstone Inc. | Add +0.5% | 2.68% | +0.12 |
| BABA Alibaba Group Holding-SP ADR | Add +5.2% | 0.14% | +0.05 |
| GS Goldman Sachs Group Inc. | New | 0.05% | +0.05 |
| BSMR Invesco Bulletshares 2027 MB | New | 0.05% | +0.05 |
| MO Altria Group Inc. | Add +2.0% | 1.00% | +0.04 |
| ED Consolidated Edison Inc. | New | 0.04% | +0.04 |
| WEC WEC Energy Group Inc. | New | 0.04% | +0.04 |
| PSX Phillips 66 | Add +0.9% | 0.96% | +0.04 |
| ANET Arista Networks Inc. | New | 0.04% | +0.04 |
| BSMS Invesco Bulletshares 2028 MB | New | 0.04% | +0.04 |
| EPD Enterprise Products Partners | New | 0.04% | +0.04 |
| RIO Rio Tinto PLC-Spon ADR | Add +7.4% | 0.40% | +0.04 |
| RY Royal Bank of Canada | Add +11.1% | 0.22% | +0.03 |
| NMI Nuveen Municipal Income | New | 0.02% | +0.02 |
| NOC Northrop Grumman Corp. | Add +9.2% | 0.13% | +0.02 |
| BLK BlackRock Inc. | Add +2.4% | 0.55% | +0.02 |
| RTX RTX Corp. | Add +0.1% | 0.39% | +0.02 |
| HPQ HP Inc. | Add +13.0% | 0.12% | +0.02 |
| AZN Astrazeneca PLC-Spons ADR | Add +10.1% | 0.14% | +0.01 |
| TFC Truist Financial Corp. | Add +9.9% | 0.18% | +0.01 |
| AMAT Applied Materials Inc. | Add +2.1% | 0.23% | +0.01 |
| MDT Medtronic PLC | Add +2.8% | 0.37% | +0.01 |
| COP Conocophillips | Add +6.4% | 0.36% | +0.01 |
| TM Toyota Motor Corp. -Spon ADR | Add +1.8% | 0.25% | +0.01 |
| DUK Duke Energy Corp. | Add +6.1% | 0.49% | +0.01 |
| O Realty Income Corp. | Add +5.8% | 0.08% | +0.00 |
| NVS Novartis AG-Sponsored ADR | Add +5.3% | 0.08% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +0.9% | 3.30% | +0.00 |
| AON Aon PLC Class A | Add +9.3% | 0.05% | −0.00 |
| CVX Chevron Corp. | Add +0.8% | 1.52% | −0.01 |
| KMB Kimberly-Clark Corp. | Add +4.7% | 0.07% | −0.01 |
| TU Telus Corp. | Add +6.4% | 0.17% | −0.01 |
| WM Waste Management Inc. | Add +7.1% | 0.17% | −0.01 |
| SYK Stryker Corp. | Add +4.8% | 0.09% | −0.01 |
| PFE Pfizer Inc. | Add +0.6% | 0.35% | −0.01 |
| TT Trane Technologies PLC | Add +3.0% | 0.16% | −0.02 |
| KHC The Kraft Heinz Co. | Add +4.4% | 0.40% | −0.02 |
| TMUS T-Mobile US Inc. | Add +2.4% | 0.30% | −0.02 |
| UPS United Parcel Service Class B | Add +2.0% | 0.08% | −0.03 |
| CAH Cardinal Health Inc. | Add +1.7% | 0.18% | −0.03 |
| VZ Verizon Communications Inc. | Add +3.5% | 0.80% | −0.04 |
| KMI Kinder Morgan Inc. | Add +4.2% | 0.39% | −0.04 |
| LMT Lockheed Martin Corp. | Add +0.1% | 2.14% | −0.04 |
| TGT Target Corp. | Add +2.1% | 0.21% | −0.04 |
| AMGN Amgen Inc. | Add +1.7% | 0.58% | −0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 168 | $554.5M | AAPL, CAT, MU, NVDA, GOOGL |
| Q1 2026 | 161 | $504.5M | AAPL, NVDA, CAT, MSFT, JPM |
| Q4 2025 | 153 | $487.1M | AAPL, MSFT, NVDA, JPM, GOOGL |
| Q3 2025 | 149 | $484.7M | AAPL, MSFT, NVDA, JPM, BRK.B |
| Q2 2025 | 143 | $441.6M | AAPL, MSFT, NVDA, JPM, BRK.B |
| Q1 2025 | 143 | $424.9M | AAPL, MSFT, BRK.B, JPM, NVDA |
| Q4 2024 | 140 | $438.1M | AAPL, MSFT, NVDA, BX, BRK.B |
| Q3 2024 | 142 | $444.0M | AAPL, MSFT, NVDA, BRK.B, LMT |
| Q2 2024 | 137 | $400.3M | AAPL, MSFT, NVDA, BRK.B, AMZN |
| Q1 2024 | 142 | $407.5M | AAPL, MSFT, BRK.B, NVDA, BX |