Fayez Sarofim & Co

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Fayez Sarofim & Co reported 311 stock positions worth $40.2 billion. Its top holding was Apple (AAPL) at 9.3% of the portfolio, followed by Microsoft (MSFT, 7.5%) and Amazon.com (AMZN, 3.9%). Compared with Q4 2024, it opened 14 new positions, sold out of 15, added to 66 and reduced 135. The biggest buy was Meta Platforms Class A (META, shares +66%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
Houston, TX
CIK
0000937729
Portfolio Value
$40.2B (Q1 2025)
SEC Filing
0000950123-25-004566 ↗ filed May 12, 2025

Holdings Value

0$10.0B$20.0B$30.0B$40.0B$50.0B Q1 2024: $33.6B Q1 2024 Q2 2024: $37.1B Q2 2024 Q3 2024: $39.3B Q3 2024 Q4 2024: $41.1B Q4 2024 Q1 2025: $40.2B $40.2B Q1 2025 Q2 2025: $41.7B Q2 2025 Q3 2025: $43.1B Q3 2025 Q4 2025: $41.7B Q4 2025 Q1 2026: $39.1B Q1 2026 Q2 2026: $42.5B Q2 2026

Holdings 311 stocks · $40.2B

AAPL Apple Inc. 9.35% 16,854,049 $3.8B Reduce -1.1%
MSFT Microsoft Corp. 7.51% 7,997,783 $3.0B Reduce -2.4%
AMZN Amazon.com Inc. 3.92% 8,216,511 $1.6B Reduce -0.1%
PM Philip Morris International 3.91% 9,894,372 $1.6B Reduce -4.1%
KO The Coca-Cola Co. 3.14% 17,606,024 $1.3B Reduce -4.4%
GOOG Alphabet Inc. Class C 2.99% 7,639,646 $1.2B Reduce -0.2%
XOM Exxon Mobil Corp. 2.89% 9,781,164 $1.2B Reduce -3.9%
V Visa Inc. Class A 2.79% 3,172,233 $1.1B Reduce -6.6%
CVX Chevron Corp. 2.52% 6,004,820 $1.0B Reduce -3.9%
JPM JPMorgan Chase & Co. 2.23% 3,636,329 $898.7M Reduce -3.5%
MCD McDonald's Corp. 2.18% 2,784,942 $874.8M Add +0.1%
META Meta Platforms Inc. Class A 2.14% 1,485,872 $860.5M Add +66.3%
TXN Texas Instruments Inc. 2.10% 4,671,052 $846.4M Reduce -0.5%
PG The Procter & Gamble Co. 2.04% 4,791,586 $819.3M Reduce -2.4%
SPGI S&P Global Inc. 1.96% 1,538,576 $786.9M Reduce -1.5%
NVO Novo-Nordisk A/S-Spons ADR 1.94% 11,212,499 $778.6M Reduce -1.5%
NVDA Nvidia Corp. 1.82% 6,678,844 $732.6M Add +14.9%
MA Mastercard Inc. Class A 1.60% 1,164,434 $643.7M Add +0.6%
ABT Abbott Laboratories 1.54% 4,621,744 $617.7M Reduce -1.2%
UNH Unitedhealth Group Inc. 1.53% 1,163,591 $613.4M Reduce -24.6%
BLK BlackRock Inc. 1.52% 638,717 $609.7M Reduce -3.2%
PGR Progressive Corp. 1.51% 2,140,790 $605.9M Reduce -4.4%
EPD Enterprise Products Partners 1.49% 17,510,893 $597.8M Add +0.1%
INTU Intuit Inc. 1.40% 909,867 $563.2M Add +1.9%
ISRG Intuitive Surgical Inc. 1.39% 1,116,009 $559.0M Reduce -1.4%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 1.28% 5,615,761 $515.9M Reduce -7.2%
UNP Union Pacific Corp. 1.24% 2,105,657 $499.9M Reduce -26.8%
ASML ASML Holding NV-NY Reg SHS 1.17% 710,668 $470.9M Add +2.7%
ABBV Abbvie Inc. 1.13% 2,166,269 $453.9M Reduce -1.8%
PEP Pepsico Inc. 1.09% 2,914,132 $439.3M Reduce -2.4%
ADP Automatic Data Processing 1.03% 1,353,567 $413.6M Reduce -0.3%
BRK.B Berkshire Hathaway Inc. Class B 0.94% 711,923 $379.2M Reduce -1.7%
LLY Eli Lilly & Co. 0.91% 443,587 $366.4M Add +12.2%
ICE Intercontinental Exchange Inc. 0.91% 2,120,738 $365.8M Reduce -2.0%
CB Chubb Ltd. 0.90% 1,202,282 $363.1M Reduce -4.3%
MO Altria Group Inc. 0.85% 5,726,929 $343.7M Reduce -5.2%
CP Canadian Pacific Kansas City 0.85% 4,789,114 $341.0M Add +0.2%
TSM Taiwan Semiconductor-SP ADR 0.84% 2,011,742 $339.3M Add +3.6%
CME Cme Group Inc. 0.84% 1,270,882 $337.2M Reduce -16.6%
BRK.A Berkshire Hathaway Inc. Class A 0.78% 395 $315.4M Reduce -2.7%
ETN Eaton Corp. PLC 0.70% 1,025,903 $282.3M Add +606.3%
MDLZ Mondelez International Inc. Class A 0.69% 4,114,063 $279.1M Reduce -9.0%
AZN Astrazeneca PLC-Spons ADR 0.68% 1,369,870 $272.2M Reduce -62.4%
NOW ServiceNow Inc. 0.67% 337,114 $271.0M Add +11.0%
MRK Merck & Co. Inc. 0.65% 2,917,391 $261.9M Reduce -9.0%
MAR Marriott International Class A 0.61% 1,010,867 $244.0M Reduce -3.5%
ADBE Adobe Inc. 0.60% 626,934 $243.0M Add +0.7%
HD Home Depot Inc. 0.60% 657,798 $241.1M Add +4.2%
SHW The Sherwin-Williams Co. 0.60% 689,294 $240.7M Reduce -1.2%
MS Morgan Stanley 0.59% 2,030,443 $236.9M Reduce -9.3%
EOG EOG Resources Inc. 0.56% 1,764,700 $226.3M Add +1.6%
BR Broadridge Financial Solutio 0.54% 891,590 $216.2M Reduce -0.4%
ZTS Zoetis Inc. 0.51% 1,256,163 $206.8M Add +7.0%
HES Hess Corp. 0.51% 1,287,351 $205.6M Reduce -15.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.50% 2,419,490 $202.9M Reduce -14.4%
LIN Linde PLC 0.50% 433,567 $201.9M Reduce -1.4%
DE Deere & Co. 0.46% 391,756 $186.7M Add +14.9%
CSGP Costar Group Inc. 0.42% 2,145,367 $170.0M Add +5.0%
BX Blackstone Inc. 0.42% 1,202,450 $168.1M Add +0.3%
VRSK Verisk Analytics Inc. 0.42% 562,083 $167.3M Reduce -2.1%
COP Conocophillips 0.41% 1,572,258 $165.1M Reduce -10.4%
ODFL Old Dominion Freight Line 0.39% 947,412 $156.7M Add +9.8%
WMT Walmart Inc. 0.37% 1,717,313 $150.8M Reduce -0.5%
IT Gartner Inc. 0.37% 350,893 $147.3M Add +3.7%
JNJ Johnson & Johnson 0.36% 878,686 $145.7M Reduce -2.8%
NKE Nike Inc. Class B 0.35% 2,201,176 $139.7M Reduce -0.4%
OTIS Otis Worldwide Corp. 0.29% 1,113,313 $114.9M Add +0.5%
RTX RTX Corp. 0.22% 663,976 $88.0M Reduce -1.6%
TDY Teledyne Technologies Inc. 0.21% 167,672 $83.5M Reduce -6.7%
PSX Phillips 66 0.20% 663,943 $82.0M Reduce -6.0%
KMI Kinder Morgan Inc. 0.18% 2,480,176 $70.8M Reduce -0.1%
ICLR Icon PLC 0.17% 385,636 $68.8M Reduce -10.3%
APD Air Products & Chemicals Inc. 0.17% 230,156 $67.9M Reduce -15.7%
AXP American Express Co. 0.15% 219,496 $59.1M Reduce -1.4%
DEO Diageo PLC-Sponsored ADR 0.15% 559,831 $58.7M Reduce -21.7%
CMCSA Comcast Corp. Class A 0.14% 1,513,864 $55.9M Reduce -19.4%
KMPR Kemper Corp. 0.13% 807,597 $54.0M Reduce -14.4%
CW Curtiss-Wright Corp. 0.12% 148,092 $47.0M No change
LECO Lincoln Electric Holdings 0.11% 244,114 $46.2M Reduce -10.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.11% 461,396 $45.5M Reduce -1.9%
Z Zillow Group Inc. Class C 0.11% 655,153 $44.9M Reduce -6.2%
SHEL Shell PLC-ADR 0.10% 535,516 $39.2M Reduce -0.3%
PAA Plains All Amer Pipeline LP 0.08% 1,684,953 $33.7M Add +1.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.08% 57,969 $32.4M Add +80.4%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.07% 418,578 $27.6M Reduce -5.4%
SPOT Spotify Technology SA 0.07% 47,668 $26.2M Add +8.8%
ZG Zillow Group Inc. Class A 0.06% 362,115 $24.2M Reduce -4.0%
CAT Caterpillar Inc. 0.05% 61,764 $20.4M Add +2.1%
ALG Alamo Group Inc. 0.05% 111,500 $19.9M Reduce -15.2%
TGT Target Corp. 0.05% 183,303 $19.1M Reduce -0.9%
MSCI MSCI Inc. 0.04% 31,765 $18.0M No change
GOOGL Alphabet Inc. Class A 0.04% 103,800 $16.1M Add +20.3%
ORCL Oracle Corp. 0.04% 110,423 $15.4M Reduce -0.5%
SBR Sabine Royalty Trust 0.04% 225,636 $15.3M Reduce -11.7%
ACN Accenture PLC Class A 0.04% 45,605 $14.2M Add +4.7%
COST Costco Wholesale Corp. 0.03% 14,837 $14.0M Add +2.9%
CHTR Charter Communications Inc. Class A 0.03% 36,553 $13.5M No change
VTI VG Morningstar TS MKT ETF-US 0.03% 43,479 $11.9M No change
AVGO Broadcom Inc. 0.03% 68,900 $11.5M Add +1.4%
INTC Intel Corp. 0.03% 488,031 $11.1M Reduce -0.9%

Show all 311 holdings

Portfolio Sells Q4 2024 → Q1 2025

AAPL Apple Inc. Reduce -1.1% 9.35% −1.06
MSFT Microsoft Corp. Reduce -2.4% 7.51% −0.94
GOOG Alphabet Inc. Class C Reduce -0.2% 2.99% −0.58
AMZN Amazon.com Inc. Reduce -0.1% 3.92% −0.50
NVO Novo-Nordisk A/S-Spons ADR Reduce -1.5% 1.94% −0.44
TROW T Rowe Price Group Inc. Reduce -7.2% 1.28% −0.38
UNH Unitedhealth Group Inc. Reduce -24.6% 1.53% −0.38
UNP Union Pacific Corp. Reduce -26.8% 1.24% −0.36
BLK BlackRock Inc. Reduce -3.2% 1.52% −0.15
MRK Merck & Co. Inc. Reduce -9.0% 0.65% −0.12
MAR Marriott International Class A Reduce -3.5% 0.61% −0.11
MS Morgan Stanley Reduce -9.3% 0.59% −0.09
DEO Diageo PLC-Sponsored ADR Reduce -21.7% 0.15% −0.08
ISRG Intuitive Surgical Inc. Reduce -1.4% 1.39% −0.06
NKE Nike Inc. Class B Reduce -0.4% 0.35% −0.06
TXN Texas Instruments Inc. Reduce -0.5% 2.10% −0.05
ICLR Icon PLC Reduce -10.3% 0.17% −0.05
CMCSA Comcast Corp. Class A Reduce -19.4% 0.14% −0.03
APD Air Products & Chemicals Inc. Reduce -15.7% 0.17% −0.02
BNY Bank of New York Mellon Corp. Reduce -14.4% 0.50% −0.02
CME Cme Group Inc. Reduce -16.6% 0.84% −0.02
KMPR Kemper Corp. Reduce -14.4% 0.13% −0.02
PEP Pepsico Inc. Reduce -2.4% 1.09% −0.02
DIS The Walt Disney Co. Reduce -1.9% 0.11% −0.01
Z Zillow Group Inc. Class C Reduce -6.2% 0.11% −0.01
AXP American Express Co. Reduce -1.4% 0.15% −0.01
TGT Target Corp. Reduce -0.9% 0.05% −0.01
COP Conocophillips Reduce -10.4% 0.41% −0.01
EL Estee Lauder Companies Class A Reduce -5.4% 0.07% −0.01
LECO Lincoln Electric Holdings Reduce -10.9% 0.11% −0.01
ALG Alamo Group Inc. Reduce -15.2% 0.05% −0.01
ORCL Oracle Corp. Reduce -0.5% 0.04% −0.01
TTE Totalenergies SE -Spon ADR Reduce -33.6% 0.03% −0.01
ZG Zillow Group Inc. Class A Reduce -4.0% 0.06% −0.00
WMT Walmart Inc. Reduce -0.5% 0.37% −0.00
BAC Bank of America Corp. Reduce -38.6% 0.01% −0.00
BN Brookfield Corp. Sold out 0.00% −0.00
STZ Constellation Brands Inc. Class A Reduce -19.8% 0.01% −0.00
DFS Discover Financial Services Sold out 0.00% −0.00
LMT Lockheed Martin Corp. Reduce -7.2% 0.02% −0.00
SBR Sabine Royalty Trust Reduce -11.7% 0.04% −0.00
KMX Carmax Inc. Sold out 0.00% −0.00
CMI Cummins Inc. Reduce -15.7% 0.01% −0.00
SYY Sysco Corp. Reduce -25.1% 0.00% −0.00
ROK Rockwell Automation Inc. Reduce -0.1% 0.02% −0.00
HUM Humana Inc. Sold out 0.00% −0.00
CLX Clorox Company Sold out 0.00% −0.00
HON Honeywell International Inc. Reduce -4.1% 0.01% −0.00
IRM Iron Mountain Inc. Reduce -35.1% 0.00% −0.00
KLAC KLA Corp. Sold out 0.00% −0.00

Portfolio Buys Q4 2024 → Q1 2025

META Meta Platforms Inc. Class A Add +66.3% 2.14% +0.87
ETN Eaton Corp. PLC Add +606.3% 0.70% +0.58
MCD McDonald's Corp. Add +0.1% 2.18% +0.20
LLY Eli Lilly & Co. Add +12.2% 0.91% +0.17
EPD Enterprise Products Partners Add +0.1% 1.49% +0.15
MA Mastercard Inc. Class A Add +0.6% 1.60% +0.11
DE Deere & Co. Add +14.9% 0.46% +0.11
CSGP Costar Group Inc. Add +5.0% 0.42% +0.07
ZTS Zoetis Inc. Add +7.0% 0.51% +0.05
EOG EOG Resources Inc. Add +1.6% 0.56% +0.05
OTIS Otis Worldwide Corp. Add +0.5% 0.29% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +80.4% 0.08% +0.03
INTU Intuit Inc. Add +1.9% 1.40% +0.03
ODFL Old Dominion Freight Line Add +9.8% 0.39% +0.02
SPOT Spotify Technology SA Add +8.8% 0.07% +0.02
PAA Plains All Amer Pipeline LP Add +1.5% 0.08% +0.01
AMGN Amgen Inc. Add +3.4% 0.03% +0.01
ASML ASML Holding NV-NY Reg SHS Add +2.7% 1.17% +0.01
TRGP Targa Resources Corp. Add +94.3% 0.01% +0.00
CHKP Check Point Software Tech Add +6.7% 0.01% +0.00
MPLX MPLX LP Add +105.5% 0.01% +0.00
SBUX Starbucks Corp. Add +7.0% 0.02% +0.00
AON Aon PLC Class A Add +7.8% 0.02% +0.00
PLD Prologis Inc. Add +4.9% 0.03% +0.00
VOO Vanguard S&P 500 ETF Add +260.5% 0.00% +0.00
COST Costco Wholesale Corp. Add +2.9% 0.03% +0.00
ET Energy Transfer LP Add +33.1% 0.01% +0.00
HD Home Depot Inc. Add +4.2% 0.60% +0.00
QQQ Invesco QQQ Trust Series 1 Add +27.9% 0.01% +0.00
RACE Ferrari NV Add +23.0% 0.01% +0.00
HDB HDFC Bank Ltd.-ADR Add +7.8% 0.02% +0.00
NFLX Netflix Inc. Add +166.7% 0.00% +0.00
WM Waste Management Inc. Add +23.6% 0.01% +0.00
BRO Brown & Brown Inc. New 0.00% +0.00
CNP Centerpoint Energy Inc. Add +2.0% 0.01% +0.00
WMB Williams Cos Inc. Add +49.6% 0.00% +0.00
GE General Electric Add +14.3% 0.00% +0.00
TJX TJX Companies Inc. New 0.00% +0.00
TMUS T-Mobile US Inc. New 0.00% +0.00
WES Western Midstream Partners L Add +80.2% 0.00% +0.00
PAGP Plains GP Holdings LP Add +155.4% 0.00% +0.00
YUMC Yum China Holdings Inc. Add +5.6% 0.01% +0.00
CQP Cheniere Energy Partners LP New 0.00% +0.00
NOC Northrop Grumman Corp. Add +44.2% 0.00% +0.00
OKE Oneok Inc. Add +3.3% 0.02% +0.00
LNG Cheniere Energy Inc. New 0.00% +0.00
HESM Hess Midstream LP Class A New 0.00% +0.00
T AT&T Inc. Add +4.6% 0.00% +0.00
WRB WR Berkley Corp. New 0.00% +0.00
FIGS Figs Inc. Class A New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 300$42.5BAAPL, MSFT, GOOG, NVDA, AMZN
Q1 2026 294$39.1BAAPL, MSFT, GOOG, PM, NVDA
Q4 2025 297$41.7BAAPL, MSFT, GOOG, AMZN, PM
Q3 2025 305$43.1BMSFT, AAPL, GOOG, AMZN, PM
Q2 2025 308$41.7BMSFT, AAPL, PM, AMZN, GOOG
Q1 2025 311$40.2BAAPL, MSFT, AMZN, PM, KO
Q4 2024 312$41.1BAAPL, MSFT, AMZN, GOOG, PM
Q3 2024 285$39.3BAAPL, MSFT, AMZN, NVO, KO
Q2 2024 278$37.1BAAPL, MSFT, NVO, AMZN, GOOG
Q1 2024 287$33.6BMSFT, AAPL, NVO, AMZN, XOM