Fayez Sarofim & Co
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Fayez Sarofim & Co reported 305 stock positions worth $43.1 billion. Its top holding was Microsoft (MSFT) at 9.4% of the portfolio, followed by Apple (AAPL, 9.1%) and Alphabet Class C (GOOG, 4.3%). Compared with Q2 2025, it opened 11 new positions, sold out of 14, added to 71 and reduced 116. The biggest buy was Alphabet Class C (GOOG, shares +1%) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- Houston, TX
- CIK
- 0000937729
- Portfolio Value
- $43.1B (Q3 2025)
- SEC Filing
- 0001193125-25-282612 ↗ filed Nov 14, 2025
Holdings Value
Holdings 305 stocks · $43.1B
| MSFT Microsoft Corp. | 9.45% | 7,823,368 | $4.1B | Reduce -0.4% |
| AAPL Apple Inc. | 9.11% | 15,366,927 | $3.9B | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 4.33% | 7,606,218 | $1.9B | Add +0.8% |
| AMZN Amazon.com Inc. | 4.18% | 8,155,023 | $1.8B | Add +0.5% |
| PM Philip Morris International | 4.17% | 11,085,935 | $1.8B | Add +3.8% |
| NVDA Nvidia Corp. | 3.61% | 8,243,611 | $1.6B | Add +11.3% |
| META Meta Platforms Inc. Class A | 3.30% | 1,925,483 | $1.4B | Add +8.9% |
| JPM JPMorgan Chase & Co. | 2.56% | 3,470,400 | $1.1B | Reduce -0.8% |
| CVX Chevron Corp. | 2.55% | 7,049,070 | $1.1B | Add +21.6% |
| KO The Coca-Cola Co. | 2.55% | 16,567,084 | $1.1B | Reduce -1.8% |
| V Visa Inc. Class A | 2.43% | 3,040,212 | $1.0B | Reduce -0.5% |
| XOM Exxon Mobil Corp. | 2.42% | 9,249,009 | $1.0B | Reduce -1.0% |
| MCD McDonald's Corp. | 1.95% | 2,755,414 | $841.7M | Add +0.2% |
| TXN Texas Instruments Inc. | 1.76% | 4,096,612 | $757.9M | Reduce -8.5% |
| BLK BlackRock Inc. | 1.73% | 635,156 | $746.4M | Reduce -0.1% |
| SPGI S&P Global Inc. | 1.71% | 1,501,485 | $735.3M | Add +0.5% |
| PG The Procter & Gamble Co. | 1.61% | 4,517,312 | $696.4M | Reduce -2.0% |
| ASML ASML Holding NV-NY Reg SHS | 1.61% | 718,080 | $695.2M | Add +1.8% |
| MA Mastercard Inc. Class A | 1.54% | 1,160,271 | $665.2M | Add +0.6% |
| INTU Intuit Inc. | 1.47% | 923,827 | $635.6M | Add +3.0% |
| ABT Abbott Laboratories | 1.41% | 4,515,964 | $609.2M | Reduce -0.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.34% | 2,033,464 | $576.2M | Add +1.6% |
| PGR Progressive Corp. | 1.27% | 2,213,309 | $549.4M | Add +7.4% |
| UNH Unitedhealth Group Inc. | 1.27% | 1,570,342 | $547.8M | Add +40.7% |
| EPD Enterprise Products Partners | 1.25% | 17,182,405 | $537.3M | Reduce -1.9% |
| ISRG Intuitive Surgical Inc. | 1.23% | 1,169,350 | $528.2M | Add +5.4% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.20% | 5,045,436 | $517.9M | Reduce -3.9% |
| ABBV Abbvie Inc. | 1.16% | 2,163,305 | $500.9M | Reduce -0.2% |
| ETN Eaton Corp. PLC | 1.10% | 1,256,177 | $474.4M | Add +3.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.95% | 7,353,587 | $408.1M | Reduce -30.0% |
| ADP Automatic Data Processing | 0.92% | 1,352,576 | $397.0M | Add +1.1% |
| CP Canadian Pacific Kansas City | 0.84% | 4,822,202 | $363.8M | Add +1.9% |
| MO Altria Group Inc. | 0.82% | 5,335,186 | $352.4M | Reduce -1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.81% | 697,587 | $350.7M | Reduce -0.5% |
| NOW ServiceNow Inc. | 0.79% | 367,247 | $341.6M | Add +8.3% |
| ICE Intercontinental Exchange Inc. | 0.79% | 2,015,426 | $339.6M | Reduce -0.6% |
| CME Cme Group Inc. | 0.78% | 1,249,296 | $337.5M | Add +0.6% |
| UNP Union Pacific Corp. | 0.77% | 1,412,177 | $333.8M | Reduce -16.3% |
| LLY Eli Lilly & Co. | 0.77% | 436,162 | $332.8M | Add +2.5% |
| CB Chubb Ltd. | 0.76% | 1,163,938 | $328.5M | Reduce -0.9% |
| AZN Astrazeneca PLC-Spons ADR | 0.69% | 3,894,437 | $298.8M | Add +4.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.68% | 387 | $291.9M | Reduce -1.3% |
| HD Home Depot Inc. | 0.67% | 708,067 | $286.9M | Add +3.5% |
| MS Morgan Stanley | 0.67% | 1,803,873 | $286.7M | Reduce -2.2% |
| MAR Marriott International Class A | 0.59% | 971,981 | $256.4M | Add +0.5% |
| SHW The Sherwin-Williams Co. | 0.54% | 670,046 | $232.0M | Add +0.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.54% | 2,128,778 | $232.0M | Reduce -2.3% |
| MDLZ Mondelez International Inc. Class A | 0.52% | 3,585,045 | $224.0M | Reduce -4.6% |
| PEP Pepsico Inc. | 0.51% | 1,576,443 | $221.4M | Reduce -29.6% |
| BX Blackstone Inc. | 0.50% | 1,270,608 | $217.1M | Add +1.9% |
| BR Broadridge Financial Solutio | 0.49% | 883,671 | $210.5M | Reduce -0.3% |
| DE Deere & Co. | 0.48% | 445,924 | $206.5M | Add +8.9% |
| LIN Linde PLC | 0.47% | 426,879 | $202.8M | Reduce -0.6% |
| MRK Merck & Co. Inc. | 0.47% | 2,406,322 | $202.0M | Reduce -8.2% |
| EOG EOG Resources Inc. | 0.46% | 1,773,312 | $198.8M | Reduce -0.9% |
| ADBE Adobe Inc. | 0.44% | 528,813 | $188.7M | Reduce -13.0% |
| CSGP Costar Group Inc. | 0.43% | 2,174,799 | $183.5M | Add +0.8% |
| ZTS Zoetis Inc. | 0.42% | 1,248,211 | $182.6M | Add +0.2% |
| WMT Walmart Inc. | 0.39% | 1,647,762 | $169.8M | Reduce -2.7% |
| JNJ Johnson & Johnson | 0.36% | 836,980 | $155.2M | Reduce -0.7% |
| VRSK Verisk Analytics Inc. | 0.32% | 550,612 | $138.5M | Add +2.1% |
| ODFL Old Dominion Freight Line | 0.32% | 973,635 | $137.1M | Reduce -0.5% |
| COP Conocophillips | 0.32% | 1,446,252 | $136.8M | Reduce -3.2% |
| IT Gartner Inc. | 0.26% | 426,066 | $112.0M | Add +7.7% |
| RTX RTX Corp. | 0.26% | 664,120 | $111.1M | Reduce -0.5% |
| OTIS Otis Worldwide Corp. | 0.23% | 1,103,118 | $100.9M | Reduce -0.8% |
| TDY Teledyne Technologies Inc. | 0.21% | 154,584 | $90.6M | Add +1.3% |
| PSX Phillips 66 | 0.20% | 622,043 | $84.6M | Reduce -1.2% |
| KMI Kinder Morgan Inc. | 0.17% | 2,533,506 | $71.7M | Reduce -0.4% |
| AXP American Express Co. | 0.17% | 214,789 | $71.3M | Reduce -0.3% |
| CW Curtiss-Wright Corp. | 0.15% | 121,724 | $66.1M | No change |
| NKE Nike Inc. Class B | 0.13% | 828,833 | $57.8M | Reduce -60.8% |
| APD Air Products & Chemicals Inc. | 0.13% | 205,588 | $56.1M | Reduce -3.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.12% | 433,609 | $49.6M | Reduce -2.4% |
| LECO Lincoln Electric Holdings | 0.11% | 205,064 | $48.4M | Reduce -1.9% |
| Z Zillow Group Inc. Class C | 0.10% | 585,153 | $45.1M | Reduce -1.7% |
| CMCSA Comcast Corp. Class A | 0.09% | 1,238,919 | $38.9M | Reduce -7.2% |
| SHEL Shell PLC-ADR | 0.09% | 533,314 | $38.1M | Reduce -0.2% |
| KMPR Kemper Corp. | 0.08% | 689,166 | $35.5M | No change |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.08% | 386,684 | $34.1M | Reduce -1.1% |
| DEO Diageo PLC-Sponsored ADR | 0.08% | 346,024 | $33.0M | Reduce -22.3% |
| CAT Caterpillar Inc. | 0.08% | 68,732 | $32.8M | Reduce -0.1% |
| ORCL Oracle Corp. | 0.07% | 110,491 | $31.1M | Reduce 0.0% |
| PAA Plains All Amer Pipeline LP | 0.07% | 1,684,953 | $28.7M | No change |
| GOOGL Alphabet Inc. Class A | 0.06% | 107,731 | $26.2M | Add +0.7% |
| ZG Zillow Group Inc. Class A | 0.06% | 327,115 | $24.4M | Reduce -1.8% |
| PLD Prologis Inc. | 0.05% | 196,711 | $22.5M | Add +13.3% |
| SPOT Spotify Technology SA | 0.05% | 31,833 | $22.2M | Reduce -34.0% |
| AVGO Broadcom Inc. | 0.05% | 66,103 | $21.8M | Reduce -3.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 30,088 | $20.0M | Add +50.5% |
| MSCI MSCI Inc. | 0.04% | 32,239 | $18.3M | Add +1.5% |
| DUK Duke Energy Corp. | 0.04% | 132,152 | $16.4M | Add +1.3% |
| ALG Alamo Group Inc. | 0.04% | 81,500 | $15.6M | Reduce -5.8% |
| TGT Target Corp. | 0.04% | 172,202 | $15.4M | Reduce -0.5% |
| AMGN Amgen Inc. | 0.03% | 51,805 | $14.6M | Reduce -0.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.03% | 43,479 | $14.3M | No change |
| INTC Intel Corp. | 0.03% | 401,768 | $13.5M | Reduce -5.3% |
| COST Costco Wholesale Corp. | 0.03% | 14,560 | $13.5M | Add +0.1% |
| SAP Sap SE-Sponsored ADR | 0.03% | 49,674 | $13.3M | New |
| SBUX Starbucks Corp. | 0.03% | 151,820 | $12.8M | Reduce -0.9% |
Portfolio Sells Q2 2025 → Q3 2025
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -30.0% | 0.95% | −0.79 |
| TXN Texas Instruments Inc. | Reduce -8.5% | 1.76% | −0.49 |
| HES Hess Corp. | Sold out | 0.00% | −0.42 |
| KO The Coca-Cola Co. | Reduce -1.8% | 2.55% | −0.32 |
| NKE Nike Inc. Class B | Reduce -60.8% | 0.13% | −0.23 |
| PEP Pepsico Inc. | Reduce -29.6% | 0.51% | −0.20 |
| V Visa Inc. Class A | Reduce -0.5% | 2.43% | −0.20 |
| UNP Union Pacific Corp. | Reduce -16.3% | 0.77% | −0.16 |
| PG The Procter & Gamble Co. | Reduce -2.0% | 1.61% | −0.15 |
| ADBE Adobe Inc. | Reduce -13.0% | 0.44% | −0.13 |
| ICE Intercontinental Exchange Inc. | Reduce -0.6% | 0.79% | −0.10 |
| MDLZ Mondelez International Inc. Class A | Reduce -4.6% | 0.52% | −0.09 |
| ABT Abbott Laboratories | Reduce -0.1% | 1.41% | −0.07 |
| ODFL Old Dominion Freight Line | Reduce -0.5% | 0.32% | −0.06 |
| EPD Enterprise Products Partners | Reduce -1.9% | 1.25% | −0.06 |
| CB Chubb Ltd. | Reduce -0.9% | 0.76% | −0.06 |
| EOG EOG Resources Inc. | Reduce -0.9% | 0.46% | −0.05 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.05 |
| SPOT Spotify Technology SA | Reduce -34.0% | 0.05% | −0.04 |
| DEO Diageo PLC-Sponsored ADR | Reduce -22.3% | 0.08% | −0.03 |
| OTIS Otis Worldwide Corp. | Reduce -0.8% | 0.23% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -8.2% | 0.47% | −0.03 |
| BR Broadridge Financial Solutio | Reduce -0.3% | 0.49% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -7.2% | 0.09% | −0.02 |
| DIS The Walt Disney Co. | Reduce -2.4% | 0.12% | −0.02 |
| TROW T Rowe Price Group Inc. | Reduce -3.9% | 1.20% | −0.01 |
| APD Air Products & Chemicals Inc. | Reduce -3.4% | 0.13% | −0.01 |
| LIN Linde PLC | Reduce -0.6% | 0.47% | −0.01 |
| KMI Kinder Morgan Inc. | Reduce -0.4% | 0.17% | −0.01 |
| ALG Alamo Group Inc. | Reduce -5.8% | 0.04% | −0.01 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -1.3% | 0.68% | −0.01 |
| ACN Accenture PLC Class A | Reduce -0.1% | 0.03% | −0.01 |
| ICLR Icon PLC | Reduce -29.6% | 0.03% | −0.01 |
| TGT Target Corp. | Reduce -0.5% | 0.04% | −0.01 |
| AMT American Tower Corp. | Reduce -2.1% | 0.02% | −0.00 |
| COP Conocophillips | Reduce -3.2% | 0.32% | −0.00 |
| SBUX Starbucks Corp. | Reduce -0.9% | 0.03% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 0.81% | −0.00 |
| WMT Walmart Inc. | Reduce -2.7% | 0.39% | −0.00 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.00 |
| CARR Carrier Global Corp. | Reduce -0.8% | 0.01% | −0.00 |
| OKE Oneok Inc. | Reduce -3.2% | 0.02% | −0.00 |
| TRGP Targa Resources Corp. | Reduce -46.8% | 0.00% | −0.00 |
| HON Honeywell International Inc. | Reduce -0.8% | 0.01% | −0.00 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -2.9% | 0.01% | −0.00 |
| SHEL Shell PLC-ADR | Reduce -0.2% | 0.09% | −0.00 |
| FISV Fiserv Inc. | Reduce -2.9% | 0.00% | −0.00 |
| TTE Totalenergies SE -Spon ADR | Reduce -1.9% | 0.02% | −0.00 |
| DLR Digital Realty Trust Inc. | Reduce -3.3% | 0.02% | −0.00 |
| BRO Brown & Brown Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | Add +0.8% | 4.33% | +1.09 |
| NVDA Nvidia Corp. | Add +11.3% | 3.61% | +0.77 |
| CVX Chevron Corp. | Add +21.6% | 2.55% | +0.55 |
| UNH Unitedhealth Group Inc. | Add +40.7% | 1.27% | +0.43 |
| ASML ASML Holding NV-NY Reg SHS | Add +1.8% | 1.61% | +0.26 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.6% | 1.34% | +0.23 |
| META Meta Platforms Inc. Class A | Add +8.9% | 3.30% | +0.15 |
| AZN Astrazeneca PLC-Spons ADR | Add +4.0% | 0.69% | +0.06 |
| HD Home Depot Inc. | Add +3.5% | 0.67% | +0.06 |
| BX Blackstone Inc. | Add +1.9% | 0.50% | +0.06 |
| ETN Eaton Corp. PLC | Add +3.4% | 1.10% | +0.05 |
| SAP Sap SE-Sponsored ADR | New | 0.03% | +0.03 |
| TDY Teledyne Technologies Inc. | Add +1.3% | 0.21% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +50.5% | 0.05% | +0.02 |
| MCD McDonald's Corp. | Add +0.2% | 1.95% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +0.7% | 0.06% | +0.02 |
| CSGP Costar Group Inc. | Add +0.8% | 0.43% | +0.01 |
| PLD Prologis Inc. | Add +13.3% | 0.05% | +0.01 |
| BRC INC-A | New | 0.01% | +0.01 |
| LRCX Lam Research Corp. | Add +0.2% | 0.01% | +0.00 |
| SIGI Selective Insurance Group | New | 0.00% | +0.00 |
| ALC Alcon Inc. | New | 0.00% | +0.00 |
| DUK Duke Energy Corp. | Add +1.3% | 0.04% | +0.00 |
| IEMG iShares Core MSCI Emerging | New | 0.00% | +0.00 |
| AMD Advanced Micro Devices | Add +0.5% | 0.01% | +0.00 |
| GD General Dynamics Corp. | Add +0.5% | 0.01% | +0.00 |
| GLW Corning Inc. | Add +1.2% | 0.00% | +0.00 |
| HHH Howard Hughes Holdings Inc. | New | 0.00% | +0.00 |
| GS Goldman Sachs Group Inc. | Add +0.5% | 0.01% | +0.00 |
| IWB iShares Russell 1000 ETF | New | 0.00% | +0.00 |
| QUAL iShares MSCI USA Quality Fac | New | 0.00% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.00% | +0.00 |
| TCBI Texas Capital Bancshares Inc. | New | 0.00% | +0.00 |
| JCI Johnson Controls Internation | New | 0.00% | +0.00 |
| LOW Lowe's Cos Inc. | Add +0.7% | 0.00% | +0.00 |
| BSM Black Stone Minerals LP | Add +4.7% | 0.02% | +0.00 |
| IBKR Interactive Brokers Gro Class A | Add +3.3% | 0.00% | +0.00 |
| ORLY O'reilly Automotive Inc. | Add +1.4% | 0.00% | +0.00 |
| TJX TJX Companies Inc. | Add +3.6% | 0.00% | +0.00 |
| MDT Medtronic PLC | Add +0.1% | 0.01% | +0.00 |
| MLM Martin Marietta Materials | Add +1.0% | 0.00% | +0.00 |
| WFC Wells Fargo & Co. | Add +0.8% | 0.01% | +0.00 |
| WRB WR Berkley Corp. | Add +10.6% | 0.00% | +0.00 |
| CVS CVS Health Corp. | Add +2.1% | 0.00% | +0.00 |
| NEE Nextera Energy Inc. | Add +2.0% | 0.00% | +0.00 |
| PH Parker Hannifin Corp. | Add +4.2% | 0.00% | +0.00 |
| POOL Pool Corp. | Add +5.5% | 0.00% | +0.00 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +19.8% | 0.00% | +0.00 |
| AJG Arthur J Gallagher & Co. | Add +3.9% | 0.00% | 0.00 |
| HLT Hilton Worldwide Holdings Inc. | Add +4.6% | 0.00% | 0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 300 | $42.5B | AAPL, MSFT, GOOG, NVDA, AMZN |
| Q1 2026 | 294 | $39.1B | AAPL, MSFT, GOOG, PM, NVDA |
| Q4 2025 | 297 | $41.7B | AAPL, MSFT, GOOG, AMZN, PM |
| Q3 2025 | 305 | $43.1B | MSFT, AAPL, GOOG, AMZN, PM |
| Q2 2025 | 308 | $41.7B | MSFT, AAPL, PM, AMZN, GOOG |
| Q1 2025 | 311 | $40.2B | AAPL, MSFT, AMZN, PM, KO |
| Q4 2024 | 312 | $41.1B | AAPL, MSFT, AMZN, GOOG, PM |
| Q3 2024 | 285 | $39.3B | AAPL, MSFT, AMZN, NVO, KO |
| Q2 2024 | 278 | $37.1B | AAPL, MSFT, NVO, AMZN, GOOG |
| Q1 2024 | 287 | $33.6B | MSFT, AAPL, NVO, AMZN, XOM |