GFS Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), GFS Advisors, LLC reported 173 stock positions worth $842.0 million. Its top holding was Tesla (TSLA) at 5.0% of the portfolio, followed by Alphabet Class A (GOOGL, 4.6%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.9%). Compared with Q3 2025, it opened 31 new positions, sold out of 6, added to 38 and reduced 58. The biggest buy was a new position in Dow (DOW) and the biggest sale Alibaba Group Holding-SP ADR (BABA, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001427263
- Portfolio Value
- $842.0M (Q4 2025)
- SEC Filing
- 0001427263-26-000002 ↗ filed Feb 11, 2026
Holdings Value
Holdings 173 stocks · $842.0M
| TSLA Tesla Inc. | 5.03% | 65,321 | $42.4M | Add +0.0% |
| GOOGL Alphabet Inc. Class A | 4.61% | 124,098 | $38.8M | Reduce -5.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.93% | 47,500 | $33.1M | Reduce -3.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 3.84% | 284,243 | $32.3M | Reduce -0.1% |
| MSFT Microsoft Corp. | 3.35% | 58,237 | $28.2M | Add +0.5% |
| FDX FedEx Corp. | 3.32% | 96,669 | $27.9M | Reduce -2.1% |
| ACWI iShares MSCI Acwi ETF | 3.26% | 194,095 | $27.5M | Reduce -1.9% |
| VWO Vanguard Ftse Emerging Marke | 3.16% | 494,618 | $26.6M | Reduce -0.8% |
| BABA Alibaba Group Holding-SP ADR | 2.98% | 171,311 | $25.1M | Reduce -0.1% |
| EWJ iShares MSCI Japan ETF | 2.70% | 281,135 | $22.7M | Reduce -0.4% |
| IJR iShares Core S&P Small-Cap E | 2.16% | 151,458 | $18.2M | Reduce -0.9% |
| UNH Unitedhealth Group Inc. | 2.02% | 51,416 | $17.0M | Add +24.1% |
| RSP Invesco S&P 500 Equal Weight | 1.97% | 86,748 | $16.6M | Reduce -0.0% |
| VTI VG Morningstar TS MKT ETF-US | 1.97% | 49,502 | $16.6M | Reduce -0.5% |
| IVV iShares Core S&P 500 ETF | 1.77% | 21,755 | $14.9M | Reduce -0.1% |
| NVDA Nvidia Corp. | 1.69% | 76,405 | $14.2M | Add +19.1% |
| SHV iShares 0-1 Year Treasury Bo | 1.67% | 127,339 | $14.0M | Reduce -10.9% |
| VGK Vanguard Ftse Europe ETF | 1.53% | 153,871 | $12.9M | Add +0.1% |
| IJH iShares Core S&P Midcap ETF | 1.52% | 193,449 | $12.8M | Reduce -1.8% |
| DOW Dow Inc. | 1.39% | 500,000 | $11.7M | New |
| AMZN Amazon.com Inc. | 1.35% | 224,512 | $11.4M | New |
| WMT Walmart Inc. | 1.34% | 101,197 | $11.3M | Reduce -0.7% |
| GOOG Alphabet Inc. Class C | 1.31% | 35,261 | $11.1M | Reduce -0.4% |
| JNJ Johnson & Johnson | 1.22% | 49,767 | $10.3M | Reduce -7.0% |
| AAXJ iShares MSCI All Country Asi | 1.21% | 109,145 | $10.2M | No change |
| FEZ State Street SPDR Euro Stoxx | 1.20% | 157,222 | $10.1M | Add +0.8% |
| PEP Pepsico Inc. | 1.17% | 68,630 | $9.8M | Reduce -10.9% |
| PFE Pfizer Inc. | 1.17% | 395,311 | $9.8M | Reduce -3.9% |
| CVX Chevron Corp. | 1.14% | 63,223 | $9.6M | Reduce -5.8% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.14% | 573,780 | $9.6M | Reduce -8.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.14% | 32,945 | $9.6M | No change |
| MDY State Street SPDR S&P Midcap | 1.12% | 15,628 | $9.4M | Reduce -1.1% |
| NKE Nike Inc. Class B | 1.05% | 139,393 | $8.9M | Add +9.7% |
| IAU iShares Gold Trust | 1.01% | 104,642 | $8.5M | Reduce -19.2% |
| MRK Merck & Co. Inc. | 0.99% | 79,462 | $8.4M | Reduce -39.7% |
| VXUS Vanguard Total Intl Stock | 0.97% | 107,896 | $8.1M | Reduce -2.1% |
| META Meta Platforms Inc. Class A | 0.96% | 12,188 | $8.0M | Add +22.6% |
| BXMT Blackstone Mortgage Tru Class A | 0.94% | 413,315 | $7.9M | Reduce -18.9% |
| UL Unilever PLC-Sponsored ADR | 0.93% | 119,696 | $7.8M | No change |
| JPM JPMorgan Chase & Co. | 0.92% | 24,149 | $7.8M | Reduce -16.4% |
| BBVA Banco Bilbao Vizcaya-SP ADR | 0.88% | 317,500 | $7.4M | No change |
| INTC Intel Corp. | 0.85% | 194,285 | $7.2M | Reduce -19.6% |
| ADBE Adobe Inc. | 0.82% | 19,769 | $6.9M | Add +0.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.76% | 13,091 | $6.4M | No change |
| NAD Nuveen Quality Municipal Inc. | 0.69% | 483,570 | $5.8M | Reduce -6.1% |
| XOM Exxon Mobil Corp. | 0.66% | 45,847 | $5.5M | Add +3.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.65% | 74,910 | $5.5M | Reduce -1.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.65% | 21,175 | $5.5M | No change |
| PG The Procter & Gamble Co. | 0.56% | 32,622 | $4.7M | Add +0.0% |
| SLV iShares Silver Trust | 0.54% | 70,184 | $4.5M | Add +50.8% |
| VSS Vanguard Ftse All Wo X-US SC | 0.48% | 28,062 | $4.0M | Reduce -2.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.47% | 8,248 | $4.0M | Reduce -1.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.46% | 20,445 | $3.9M | No change |
| STWD Starwood Property Trust Inc. | 0.44% | 206,795 | $3.7M | Add +111.4% |
| KHC The Kraft Heinz Co. | 0.39% | 137,125 | $3.3M | No change |
| MUB iShares National Muni Bond E | 0.37% | 29,000 | $3.1M | Reduce -29.3% |
| XLF SS Financial Select Sector | 0.37% | 56,656 | $3.1M | Add +11.7% |
| PLTR Palantir Technologies Inc. Class A | 0.37% | 17,340 | $3.1M | Reduce -41.3% |
| XLE SS Energy Select Sector | 0.35% | 65,900 | $2.9M | Add +5.3% |
| UDN Invesco DB US Dollar Index B | 0.35% | 160,000 | $2.9M | New |
| IWD iShares Russell 1000 Value E | 0.32% | 12,792 | $2.7M | No change |
| JEPI JPMorgan Equity Premium Inco | 0.32% | 46,860 | $2.7M | New |
| C Citigroup Inc. | 0.32% | 22,845 | $2.7M | Reduce -0.4% |
| GDX Vaneck Gold Miners ETF | 0.29% | 28,833 | $2.5M | Reduce -4.8% |
| GLD SPDR Gold Shares | 0.28% | 5,982 | $2.4M | Reduce -16.5% |
| WM Waste Management Inc. | 0.28% | 10,700 | $2.4M | Add +2.4% |
| SHEL Shell PLC-ADR | 0.28% | 31,692 | $2.3M | Reduce -1.5% |
| IBIT iShares Bitcoin Trust ETF | 0.27% | 46,414 | $2.3M | Add +29.1% |
| DEM Wisdomtree Emerging Markets | 0.26% | 47,155 | $2.2M | Reduce -0.3% |
| JMUB JPMorgan Municipal ETF | 0.24% | 40,600 | $2.1M | New |
| XBI SS SPDR S&P Biotech ETF | 0.24% | 16,767 | $2.0M | Reduce -2.4% |
| ESGU iShares ESG Aware MSCI USA | 0.24% | 13,500 | $2.0M | Reduce -3.5% |
| MU Micron Technology Inc. | 0.24% | 6,990 | $2.0M | New |
| V Visa Inc. Class A | 0.24% | 5,669 | $2.0M | Add +11.3% |
| BIZD Vaneck BDC Income ETF | 0.23% | 135,100 | $1.9M | Add +19.2% |
| BXSL Blackstone Secured Lending F | 0.22% | 71,250 | $1.9M | Add +2.2% |
| CSCO Cisco Systems Inc. | 0.22% | 23,964 | $1.8M | Add +0.1% |
| ET Energy Transfer LP | 0.21% | 109,000 | $1.8M | Reduce -0.2% |
| PANW Palo Alto Networks Inc. | 0.21% | 9,585 | $1.8M | Add +34.5% |
| SONO Sonos Inc. | 0.21% | 100,000 | $1.8M | No change |
| TM Toyota Motor Corp. -Spon ADR | 0.21% | 8,185 | $1.8M | No change |
| KREF KKR Real Estate Finance Trus | 0.21% | 210,870 | $1.7M | Reduce -2.5% |
| EPD Enterprise Products Partners | 0.20% | 52,500 | $1.7M | No change |
| PPA Invesco Aerospace & Defense | 0.19% | 10,354 | $1.6M | New |
| VXF Vanguard Extended Market ETF | 0.19% | 7,622 | $1.6M | No change |
| BOTZ Global X Robotics & Artifici | 0.19% | 43,724 | $1.6M | Reduce -0.3% |
| CPNG Coupang Inc. | 0.18% | 65,235 | $1.5M | No change |
| BMY Bristol-Myers Squibb Co. | 0.17% | 26,810 | $1.4M | New |
| IJS iShares S&P Small-Cap 600 Va | 0.17% | 12,672 | $1.4M | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.17% | 6,764 | $1.4M | No change |
| EWP iShares MSCI Spain ETF | 0.16% | 25,000 | $1.3M | New |
| QCOM Qualcomm Inc. | 0.16% | 7,820 | $1.3M | No change |
| F Ford Motor Co. filed as FORD MTR CO | 0.16% | 100,000 | $1.3M | No change |
| TV Grupo Televisa SA-Spon ADR | 0.15% | 447,000 | $1.3M | Reduce -79.1% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.15% | 19,830 | $1.3M | Reduce -2.3% |
| OBDC Blue Owl Capital Corp. | 0.15% | 101,985 | $1.3M | Add +3.2% |
| EFA iShares MSCI Eafe ETF | 0.15% | 13,200 | $1.3M | Add +2.6% |
| VPL Vanguard Ftse Pacific ETF | 0.14% | 12,821 | $1.2M | Add +1.5% |
| MMM 3M Co. | 0.14% | 7,200 | $1.2M | Reduce -13.3% |
| IWP iShares Russell Mid-Cap Grow | 0.13% | 8,000 | $1.1M | No change |
Portfolio Sells Q3 2025 → Q4 2025
| BABA Alibaba Group Holding-SP ADR | Reduce -0.1% | 2.98% | −0.93 |
| TV Grupo Televisa SA-Spon ADR | Reduce -79.1% | 0.15% | −0.58 |
| MRK Merck & Co. Inc. | Reduce -39.7% | 0.99% | −0.42 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -10.9% | 1.67% | −0.35 |
| PLTR Palantir Technologies Inc. Class A | Reduce -41.3% | 0.37% | −0.32 |
| DIS The Walt Disney Co. | Reduce -0.1% | 3.84% | −0.32 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.8% | 3.16% | −0.29 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.8% | 3.93% | −0.26 |
| BXMT Blackstone Mortgage Tru Class A | Reduce -18.9% | 0.94% | −0.26 |
| JPM JPMorgan Chase & Co. | Reduce -16.4% | 0.92% | −0.24 |
| ACWI iShares MSCI Acwi ETF | Reduce -1.9% | 3.26% | −0.23 |
| PEP Pepsico Inc. | Reduce -10.9% | 1.17% | −0.21 |
| IAU iShares Gold Trust | Reduce -19.2% | 1.01% | −0.19 |
| EWJ iShares MSCI Japan ETF | Reduce -0.4% | 2.70% | −0.19 |
| MUB iShares National Muni Bond E | Reduce -29.3% | 0.37% | −0.19 |
| CVX Chevron Corp. | Reduce -5.8% | 1.14% | −0.19 |
| INTC Intel Corp. | Reduce -19.6% | 0.85% | −0.18 |
| PFE Pfizer Inc. | Reduce -3.9% | 1.17% | −0.17 |
| CRM Salesforce Inc. | Reduce -78.5% | 0.05% | −0.16 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.9% | 2.16% | −0.16 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -8.7% | 1.14% | −0.14 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.13 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.0% | 1.97% | −0.13 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.8% | 1.52% | −0.12 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.5% | 1.97% | −0.11 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.09 |
| IVV iShares Core S&P 500 ETF | Reduce -0.1% | 1.77% | −0.09 |
| MDY State Street SPDR S&P Midcap | Reduce -1.1% | 1.12% | −0.08 |
| NAD Nuveen Quality Municipal Inc. | Reduce -6.1% | 0.69% | −0.08 |
| DVY iShares Select Dividend ETF | Sold out | 0.00% | −0.07 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.07 |
| VXUS Vanguard Total Intl Stock | Reduce -2.1% | 0.97% | −0.07 |
| CX Cemex Sab-Spons ADR Part Cer | Reduce -51.7% | 0.08% | −0.06 |
| TOST Toast Inc. Class A | Sold out | 0.00% | −0.05 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -2.1% | 0.48% | −0.04 |
| GLD SPDR Gold Shares | Reduce -16.5% | 0.28% | −0.04 |
| IYW iShares Ustechnology ETF | Reduce -44.8% | 0.05% | −0.04 |
| JNJ Johnson & Johnson | Reduce -7.0% | 1.22% | −0.04 |
| KREF KKR Real Estate Finance Trus | Reduce -2.5% | 0.21% | −0.04 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.6% | 0.65% | −0.04 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -49.3% | 0.04% | −0.04 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.04 |
| MMM 3M Co. | Reduce -13.3% | 0.14% | −0.03 |
| ET Energy Transfer LP | Reduce -0.2% | 0.21% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -1.4% | 0.47% | −0.02 |
| NFLX Netflix Inc. | Reduce -2.4% | 0.06% | −0.02 |
| ESGU iShares ESG Aware MSCI USA | Reduce -3.5% | 0.24% | −0.02 |
| UBER Uber Technologies Inc. | Reduce -0.3% | 0.06% | −0.02 |
| AVGO Broadcom Inc. | Reduce -19.7% | 0.06% | −0.02 |
| SHEL Shell PLC-ADR | Reduce -1.5% | 0.28% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| DOW Dow Inc. | New | 1.39% | +1.39 |
| AMZN Amazon.com Inc. | New | 1.35% | +1.35 |
| TSLA Tesla Inc. | Add +0.0% | 5.03% | +1.33 |
| UDN Invesco DB US Dollar Index B | New | 0.35% | +0.35 |
| JEPI JPMorgan Equity Premium Inco | New | 0.32% | +0.32 |
| SLV iShares Silver Trust | Add +50.8% | 0.54% | +0.29 |
| JMUB JPMorgan Municipal ETF | New | 0.24% | +0.24 |
| MU Micron Technology Inc. | New | 0.24% | +0.24 |
| STWD Starwood Property Trust Inc. | Add +111.4% | 0.44% | +0.20 |
| PPA Invesco Aerospace & Defense | New | 0.19% | +0.19 |
| UNH Unitedhealth Group Inc. | Add +24.1% | 2.02% | +0.19 |
| BMY Bristol-Myers Squibb Co. | New | 0.17% | +0.17 |
| NVDA Nvidia Corp. | Add +19.1% | 1.69% | +0.16 |
| EWP iShares MSCI Spain ETF | New | 0.16% | +0.16 |
| EWG iShares MSCI Germany ETF | New | 0.13% | +0.13 |
| EPP iShares MSCI Pacific Ex Japa | New | 0.12% | +0.12 |
| ANGL Vaneck Fallen Angel High YLD | New | 0.09% | +0.09 |
| DELL Dell Technologies -C | New | 0.08% | +0.08 |
| CBRL Cracker Barrel Old Country | New | 0.06% | +0.06 |
| CIBR First Trust Nasdaq Cybersecu | New | 0.06% | +0.06 |
| MA Mastercard Inc. Class A | New | 0.05% | +0.05 |
| MUSA Murphy USA Inc. | New | 0.05% | +0.05 |
| ABBV Abbvie Inc. | New | 0.05% | +0.05 |
| ISRG Intuitive Surgical Inc. | New | 0.04% | +0.04 |
| FICO Fair Isaac Corp. | New | 0.04% | +0.04 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.04% | +0.04 |
| XLP SS Consumer Staples Sel Sect | New | 0.03% | +0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.03% | +0.03 |
| ETHA iShares Ethereum Trust ETF | New | 0.03% | +0.03 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.03% | +0.03 |
| DHR Danaher Corp. | New | 0.03% | +0.03 |
| FXE Invesco Currencyshares Euro | New | 0.03% | +0.03 |
| CDX Simplify High Yield ETF | New | 0.03% | +0.03 |
| IXJ iShares Global Healthcare Et | New | 0.03% | +0.03 |
| CMI Cummins Inc. | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +34.5% | 0.21% | +0.02 |
| META Meta Platforms Inc. Class A | Add +22.6% | 0.96% | +0.02 |
| MELI MercadoLibre Inc. | Add +69.9% | 0.09% | +0.02 |
| XLF SS Financial Select Sector | Add +11.7% | 0.37% | +0.02 |
| OSCR Oscar Health Inc. Class A | New | 0.02% | +0.02 |
| XOM Exxon Mobil Corp. | Add +3.6% | 0.66% | +0.02 |
| ORCL Oracle Corp. | Add +104.7% | 0.07% | +0.02 |
| V Visa Inc. Class A | Add +11.3% | 0.24% | +0.01 |
| MTBA Simplify MBS ETF | Add +41.0% | 0.06% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +16.9% | 0.09% | +0.01 |
| BIZD Vaneck BDC Income ETF | Add +19.2% | 0.23% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.1% | 0.22% | +0.01 |
| INDA iShares MSCI India ETF | Add +27.1% | 0.05% | +0.01 |
| PINK Simplify Health Care ETF | Add +1.5% | 0.06% | +0.01 |
| SHOP Shopify Inc. Class A | Add +10.6% | 0.04% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 265 | $937.5M | CAH, HEI, SPYD, UPS, EFA |
| Q1 2026Amended | 257 | $1.5B | GOOGL, DIS, SHV, CRWD, IWD |
| Q4 2025 | 173 | $842.0M | TSLA, GOOGL, SPY, DIS, MSFT |
| Q3 2025 | 147 | $783.7M | SPY, DIS, GOOGL, BABA, MSFT |
| Q2 2025 | 146 | $730.8M | DIS, SPY, MSFT, ACWI, VWO |
| Q1 2025 | 122 | $498.1M | DIS, VWO, BABA, ACWI, EWJ |
| Q4 2024 | 152 | $657.6M | DIS, SPY, FDX, GOOGL, TSLA |
| Q3 2024 | 111 | $470.4M | DIS, GOOGL, VWO, MSFT, EWJ |
| Q2 2024 | 201 | $620.5M | SPY, DIS, FDX, GOOGL, MSFT |
| Q1 2024 | 146 | $603.6M | DIS, FDX, SPY, MSFT, GOOGL |