Hilltop Holdings Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Hilltop Holdings Inc. reported 903 stock positions worth $1.9 billion. Its top holding was Apple (AAPL) at 4.3% of the portfolio, followed by Microsoft (MSFT, 3.6%) and Nvidia (NVDA, 2.2%). Compared with Q2 2025, it opened 116 new positions, sold out of 72, added to 425 and reduced 329. The biggest buy was Apple (AAPL, shares +603%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001265131
- Portfolio Value
- $1.9B (Q3 2025)
- SEC Filing
- 0001104659-25-112613 ↗ filed Nov 14, 2025
Holdings Value
Holdings 903 stocks · $1.9B
| AAPL Apple Inc. | 4.25% | 315,769 | $80.4M | Add +603.2% |
| MSFT Microsoft Corp. | 3.62% | 132,251 | $68.5M | Add +2.7% |
| NVDA Nvidia Corp. | 2.17% | 219,819 | $41.0M | Add +4.2% |
| AMZN Amazon.com Inc. | 1.60% | 137,819 | $30.3M | Add +610.8% |
| GLD SPDR Gold Shares | 1.55% | 82,488 | $29.3M | Reduce -11.8% |
| AVGO Broadcom Inc. | 1.48% | 84,510 | $27.9M | Reduce -2.3% |
| QQQ Invesco QQQ Trust Series 1 | 1.36% | 42,821 | $25.7M | Add +108.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.31% | 37,068 | $24.7M | Reduce -13.3% |
| GOOGL Alphabet Inc. Class A | 1.27% | 99,137 | $24.1M | Add +16.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.26% | 213,430 | $23.8M | Add +12.6% |
| JPM JPMorgan Chase & Co. | 1.22% | 72,874 | $23.0M | Reduce -3.2% |
| V Visa Inc. Class A | 1.12% | 61,899 | $21.1M | Reduce -2.1% |
| HD Home Depot Inc. | 1.00% | 46,726 | $18.9M | Add +2.6% |
| CVX Chevron Corp. | 0.85% | 103,848 | $16.1M | Add +3.1% |
| MBB iShares MBS ETF | 0.85% | 168,467 | $16.0M | Add +28.0% |
| ORCL Oracle Corp. | 0.81% | 54,474 | $15.3M | Add +12.6% |
| META Meta Platforms Inc. Class A | 0.81% | 20,811 | $15.3M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.80% | 30,171 | $15.2M | Add +667.5% |
| GOOG Alphabet Inc. Class C | 0.75% | 57,905 | $14.1M | Add +1.7% |
| MA Mastercard Inc. Class A | 0.71% | 23,716 | $13.5M | Reduce -2.3% |
| IWM iShares Russell 2000 ETF | 0.71% | 55,495 | $13.4M | Reduce -4.0% |
| ABBV Abbvie Inc. | 0.69% | 56,279 | $13.0M | Add +4.8% |
| WMT Walmart Inc. | 0.68% | 125,234 | $12.9M | Add +38.6% |
| LLY Eli Lilly & Co. | 0.67% | 16,480 | $12.6M | Add +97.9% |
| ETN Eaton Corp. PLC | 0.62% | 31,361 | $11.7M | Reduce -3.2% |
| ABT Abbott Laboratories | 0.61% | 86,547 | $11.6M | Add +2478.1% |
| UNP Union Pacific Corp. | 0.53% | 42,072 | $9.9M | Reduce -0.8% |
| APH Amphenol Corp. Class A | 0.52% | 79,638 | $9.9M | Add +1381.9% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.52% | 121,197 | $9.8M | Add +4.4% |
| XOM Exxon Mobil Corp. | 0.51% | 85,757 | $9.7M | Add +2.5% |
| PM Philip Morris International | 0.49% | 56,853 | $9.2M | Reduce -3.8% |
| MS Morgan Stanley | 0.48% | 57,642 | $9.2M | Add +0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.48% | 18,812 | $9.0M | Add +5.2% |
| MCD McDonald's Corp. | 0.46% | 28,777 | $8.7M | Add +0.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.46% | 60,043 | $8.7M | Reduce -3.4% |
| XLK SS Technology Select Sector | 0.45% | 30,155 | $8.5M | Reduce -1.5% |
| CSCO Cisco Systems Inc. | 0.45% | 123,816 | $8.5M | Reduce -0.1% |
| LIN Linde PLC | 0.44% | 17,575 | $8.3M | Reduce -0.1% |
| AMGN Amgen Inc. | 0.44% | 29,524 | $8.3M | Add +715.8% |
| BND Vanguard Total Bond Market | 0.44% | 111,961 | $8.3M | Add +5.8% |
| JNJ Johnson & Johnson | 0.41% | 42,269 | $7.8M | Add +3.4% |
| SGOV iShares 0-3 Month Treasury B | 0.41% | 76,663 | $7.7M | Reduce -29.6% |
| NEE Nextera Energy Inc. | 0.41% | 101,660 | $7.7M | Reduce -7.5% |
| PH Parker Hannifin Corp. | 0.40% | 10,018 | $7.6M | Reduce -5.7% |
| XLF SS Financial Select Sector | 0.40% | 140,301 | $7.6M | Reduce -31.8% |
| BNDX Vanguard Total Intl Bond ETF | 0.40% | 152,169 | $7.5M | Add +23.6% |
| TLT iShares 20+ Year Treasury BD | 0.39% | 81,430 | $7.3M | Add +55.8% |
| SPGI S&P Global Inc. | 0.38% | 14,830 | $7.2M | Add +9.6% |
| UNH Unitedhealth Group Inc. | 0.38% | 20,728 | $7.2M | Reduce -3.1% |
| CWB SS SPDR BB Conv Sec ETF | 0.37% | 77,572 | $7.0M | Add +20.0% |
| VOO Vanguard S&P 500 ETF | 0.37% | 11,356 | $7.0M | Add +141.1% |
| GOVT iShares US Treasury Bond ETF | 0.36% | 297,374 | $6.9M | Add +0.8% |
| COST Costco Wholesale Corp. | 0.36% | 7,419 | $6.9M | Add +1.4% |
| HON Honeywell International Inc. | 0.36% | 32,482 | $6.8M | Reduce -0.1% |
| IWF iShares Russell 1000 Growth | 0.36% | 14,363 | $6.7M | Add +11.1% |
| PG The Procter & Gamble Co. | 0.35% | 43,543 | $6.7M | Add +2.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 23,594 | $6.7M | Add +0.9% |
| NFLX Netflix Inc. | 0.35% | 5,513 | $6.6M | Add +0.6% |
| VGT Vanguard Info Tech ETF | 0.35% | 8,817 | $6.6M | Add +16.8% |
| BIZD Vaneck BDC Income ETF | 0.34% | 426,244 | $6.4M | Add +24.6% |
| FLOT iShares Floating Rate Bond E | 0.34% | 124,221 | $6.3M | Reduce -10.2% |
| ACN Accenture PLC Class A | 0.33% | 25,424 | $6.3M | Reduce -23.5% |
| SPHB Invesco S&P 500 High Beta Et | 0.33% | 56,921 | $6.2M | Add +116.3% |
| IVV iShares Core S&P 500 ETF | 0.33% | 9,210 | $6.2M | Add +6.0% |
| VZ Verizon Communications Inc. | 0.33% | 140,206 | $6.2M | Add +4.3% |
| LMT Lockheed Martin Corp. | 0.32% | 12,270 | $6.1M | Add +7.5% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.32% | 13,004 | $6.0M | Add +7.5% |
| PCY Invesco Emerging Markets Sov | 0.31% | 275,471 | $5.9M | New |
| JPST JPMorgan Ultra-Short Income | 0.31% | 114,423 | $5.8M | Reduce -6.2% |
| RJF Raymond James Financial Inc. | 0.31% | 33,543 | $5.8M | Reduce -0.8% |
| EFA iShares MSCI Eafe ETF | 0.30% | 60,378 | $5.6M | Add +2.4% |
| T AT&T Inc. | 0.29% | 196,295 | $5.5M | Reduce -2.5% |
| ET Energy Transfer LP | 0.29% | 319,747 | $5.5M | Add +12.9% |
| MDLZ Mondelez International Inc. Class A | 0.29% | 87,213 | $5.4M | Reduce -0.9% |
| TSLA Tesla Inc. | 0.29% | 12,228 | $5.4M | Add +9.7% |
| XLY SS Consumer Disc Select Sect | 0.28% | 22,213 | $5.3M | Reduce -22.2% |
| IJH iShares Core S&P Midcap ETF | 0.28% | 81,252 | $5.3M | Add +1.2% |
| JNK SS SPDR BB High Yield Bond | 0.28% | 54,079 | $5.3M | Reduce -9.0% |
| ADP Automatic Data Processing | 0.28% | 18,030 | $5.3M | New |
| CB Chubb Ltd. | 0.28% | 18,694 | $5.3M | Reduce -1.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.28% | 16,034 | $5.3M | Add +14.9% |
| SPSB SS SPDR P St C Corp. ETF | 0.27% | 170,879 | $5.2M | Add +2.7% |
| EPD Enterprise Products Partners | 0.27% | 163,617 | $5.1M | Reduce -4.4% |
| ZTS Zoetis Inc. | 0.27% | 34,574 | $5.1M | Reduce -2.3% |
| BLK BlackRock Inc. | 0.27% | 4,324 | $5.0M | Reduce -10.4% |
| MSI Motorola Solutions Inc. | 0.27% | 10,982 | $5.0M | Add +29.8% |
| GDX Vaneck Gold Miners ETF | 0.26% | 64,897 | $5.0M | Add +120.7% |
| A Agilent Technologies Inc. | 0.26% | 38,390 | $4.9M | Reduce -1.5% |
| PAYX Paychex Inc. | 0.26% | 38,684 | $4.9M | Reduce -7.6% |
| KO The Coca-Cola Co. | 0.26% | 73,842 | $4.9M | Add +3.6% |
| CMS CMS Energy Corp. | 0.26% | 66,644 | $4.9M | Reduce -0.9% |
| SPUC Simplify US Equity Income Et | 0.26% | 97,229 | $4.9M | Reduce -12.0% |
| RTX RTX Corp. | 0.25% | 27,879 | $4.7M | Add +268.6% |
| DEXC Dimensional Em Ex Cce ETF | 0.25% | 82,389 | $4.7M | Add +39.7% |
| XLC SS Comm Select Sector SPDR | 0.24% | 38,898 | $4.6M | Reduce -6.5% |
| IJR iShares Core S&P Small-Cap E | 0.24% | 38,273 | $4.5M | Add +2.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.24% | 16,206 | $4.5M | Add +11.8% |
| CAFX Congress Intermediate Bond filed as PROFESIONALLY MANAGED PORTFO | 0.24% | 180,837 | $4.5M | Reduce -11.0% |
| IBTH iShares Ibonds Dec 2027 Term | 0.24% | 199,367 | $4.5M | New |
| PLTR Palantir Technologies Inc. Class A | 0.24% | 24,437 | $4.5M | Reduce -13.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $252K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SOUNW Soundhound AI Inc. | *W EXP 04/26/202 | 35,100 | $252K | No change |
Total filed on the 13F, all lines: $1.9B.
Portfolio Sells Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -13.3% | 1.31% | −0.39 |
| PDBC Invesco Optimum Yield Divers | Reduce -80.0% | 0.07% | −0.35 |
| V Visa Inc. Class A | Reduce -2.1% | 1.12% | −0.32 |
| ACN Accenture PLC Class A | Reduce -23.5% | 0.33% | −0.31 |
| SGOV iShares 0-3 Month Treasury B | Reduce -29.6% | 0.41% | −0.29 |
| XLF SS Financial Select Sector | Reduce -31.8% | 0.40% | −0.29 |
| GLD SPDR Gold Shares | Reduce -11.8% | 1.55% | −0.28 |
| XLE SS Energy Select Sector | Reduce -56.1% | 0.13% | −0.22 |
| PM Philip Morris International | Reduce -3.8% | 0.49% | −0.20 |
| META Meta Platforms Inc. Class A | Reduce -0.7% | 0.81% | −0.18 |
| JPM JPMorgan Chase & Co. | Reduce -3.2% | 1.22% | −0.18 |
| KVUE Kenvue Inc. | Reduce -63.2% | 0.06% | −0.18 |
| PFF iShares Preferred & Income S | Reduce -56.3% | 0.10% | −0.16 |
| MA Mastercard Inc. Class A | Reduce -2.3% | 0.71% | −0.16 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.14 |
| PAYX Paychex Inc. | Reduce -7.6% | 0.26% | −0.13 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -77.0% | 0.03% | −0.13 |
| HON Honeywell International Inc. | Reduce -0.1% | 0.36% | −0.12 |
| EWN iShares MSCI Netherlands ETF | Sold out | 0.00% | −0.12 |
| ETN Eaton Corp. PLC | Reduce -3.2% | 0.62% | −0.12 |
| FLOT iShares Floating Rate Bond E | Reduce -10.2% | 0.34% | −0.12 |
| XLY SS Consumer Disc Select Sect | Reduce -22.2% | 0.28% | −0.12 |
| AMP Ameriprise Financial Inc. | Reduce -21.2% | 0.17% | −0.11 |
| EWJ iShares MSCI Japan ETF | Sold out | 0.00% | −0.11 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.11 |
| CSCO Cisco Systems Inc. | Reduce -0.1% | 0.45% | −0.10 |
| UNP Union Pacific Corp. | Reduce -0.8% | 0.53% | −0.10 |
| LB Landbridge Co. LLC-A | Reduce -79.1% | 0.02% | −0.10 |
| EWC iShares MSCI Canada ETF | Reduce -43.2% | 0.10% | −0.10 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.9% | 0.29% | −0.09 |
| ISRG Intuitive Surgical Inc. | Reduce -4.3% | 0.17% | −0.09 |
| PFIX Simplify Interest Rate Hedge | Sold out | 0.00% | −0.09 |
| INTU Intuit Inc. | Reduce -2.5% | 0.21% | −0.09 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -50.1% | 0.04% | −0.09 |
| JNK SS SPDR BB High Yield Bond | Reduce -9.0% | 0.28% | −0.09 |
| IWM iShares Russell 2000 ETF | Reduce -4.0% | 0.71% | −0.09 |
| JPST JPMorgan Ultra-Short Income | Reduce -6.2% | 0.31% | −0.09 |
| VGK Vanguard Ftse Europe ETF | Reduce -15.7% | 0.22% | −0.09 |
| LIN Linde PLC | Reduce -0.1% | 0.44% | −0.09 |
| TXN Texas Instruments Inc. | Reduce -5.3% | 0.19% | −0.09 |
| ZTS Zoetis Inc. | Reduce -2.3% | 0.27% | −0.09 |
| CAFX Congress Intermediate Bond | Reduce -11.0% | 0.24% | −0.09 |
| QUS SS SPDR MSCI U Stratfact ETF | Reduce -84.4% | 0.01% | −0.08 |
| SPOT Spotify Technology SA | Reduce -26.0% | 0.10% | −0.08 |
| NEE Nextera Energy Inc. | Reduce -7.5% | 0.41% | −0.08 |
| OKE Oneok Inc. | Reduce -23.4% | 0.11% | −0.08 |
| T AT&T Inc. | Reduce -2.5% | 0.29% | −0.08 |
| IYE iShares U.S. Energy ETF | Reduce -16.8% | 0.20% | −0.08 |
| CMG Chipotle Mexican Grill Inc. | Reduce -48.4% | 0.03% | −0.08 |
| CRM Salesforce Inc. | Reduce -6.6% | 0.16% | −0.08 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +603.2% | 4.25% | +3.66 |
| AMZN Amazon.com Inc. | Add +610.8% | 1.60% | +1.33 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +667.5% | 0.80% | +0.68 |
| QQQ Invesco QQQ Trust Series 1 | Add +108.7% | 1.36% | +0.63 |
| ABT Abbott Laboratories | Add +2478.1% | 0.61% | +0.58 |
| APH Amphenol Corp. Class A | Add +1381.9% | 0.52% | +0.49 |
| AMGN Amgen Inc. | Add +715.8% | 0.44% | +0.38 |
| PCY Invesco Emerging Markets Sov | New | 0.31% | +0.31 |
| GOOGL Alphabet Inc. Class A | Add +16.1% | 1.27% | +0.31 |
| ADP Automatic Data Processing | New | 0.28% | +0.28 |
| LLY Eli Lilly & Co. | Add +97.9% | 0.67% | +0.25 |
| IBTH iShares Ibonds Dec 2027 Term | New | 0.24% | +0.24 |
| VOO Vanguard S&P 500 ETF | Add +141.1% | 0.37% | +0.20 |
| AMD Advanced Micro Devices | Add +495.4% | 0.22% | +0.18 |
| AVEM Avantis Emerging Markets Eq | New | 0.18% | +0.18 |
| RTX RTX Corp. | Add +268.6% | 0.25% | +0.18 |
| SPHB Invesco S&P 500 High Beta Et | Add +116.3% | 0.33% | +0.17 |
| GDX Vaneck Gold Miners ETF | Add +120.7% | 0.26% | +0.16 |
| ANET Arista Networks Inc. | New | 0.16% | +0.16 |
| WRB WR Berkley Corp. | New | 0.16% | +0.16 |
| DXJ Wisdomtree Japan Hedged Eq | New | 0.15% | +0.15 |
| AMAT Applied Materials Inc. | New | 0.15% | +0.15 |
| ORCL Oracle Corp. | Add +12.6% | 0.81% | +0.13 |
| AXP American Express Co. | Add +175.9% | 0.21% | +0.12 |
| VRSN Verisign Inc. | New | 0.12% | +0.12 |
| WMT Walmart Inc. | Add +38.6% | 0.68% | +0.12 |
| HSY The Hershey Co. | Add +437.4% | 0.15% | +0.12 |
| IVOL Quadratic Int Rte Vol Infl H | Add +546.3% | 0.14% | +0.12 |
| AZO AutoZone Inc. | Add +503.0% | 0.14% | +0.11 |
| APD Air Products & Chemicals Inc. | Add +381.2% | 0.15% | +0.11 |
| TRV The Travelers Cos Inc. | Add +424.2% | 0.14% | +0.11 |
| OZ Belpointe Prep LLC Class A | New | 0.10% | +0.10 |
| GOOG Alphabet Inc. Class C | Add +1.7% | 0.75% | +0.10 |
| PDBA Invesco Agriculture Cmdtyk-1 | Add +227.4% | 0.15% | +0.10 |
| TLT iShares 20+ Year Treasury BD | Add +55.8% | 0.39% | +0.09 |
| BAC Bank of America Corp. | Add +143.2% | 0.16% | +0.09 |
| BA The Boeing Co. | New | 0.08% | +0.08 |
| IGM iShares Expanded Tech Sector | Add +67.6% | 0.20% | +0.07 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +198.0% | 0.11% | +0.06 |
| TSLA Tesla Inc. | Add +9.7% | 0.29% | +0.06 |
| BKLN Invesco Senior Loan ETF | Add +150.8% | 0.12% | +0.06 |
| CME Cme Group Inc. | Add +105.7% | 0.15% | +0.06 |
| VNOM Viper Energy Inc. Class A | New | 0.06% | +0.06 |
| EIS iShares MSCI Israel ETF | New | 0.06% | +0.06 |
| GLW Corning Inc. | Add +21.2% | 0.16% | +0.06 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.06% | +0.06 |
| IAU iShares Gold Trust | Add +63.3% | 0.16% | +0.06 |
| DIVO Amplify CWP Enhan Divid ETF | New | 0.06% | +0.06 |
| MBB iShares MBS ETF | Add +28.0% | 0.85% | +0.06 |
| HACK Amplify Cybersecurity ETF | New | 0.05% | +0.05 |
Notes & Other Activity Q2 2025 → Q3 2025
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | Sold out | 58,800 | $246Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 672 | $1.2B | AAPL, GLD, QQQ, NVDA, VOO |
| Q1 2026 | 633 | $1.1B | AAPL, GLD, LQD, QQQ, AMZN |
| Q4 2025 | 878 | $1.7B | MSFT, NVDA, GLD, GOOGL, AVGO |
| Q3 2025 | 903 | $1.9B | AAPL, MSFT, NVDA, AMZN, GLD |
| Q2 2025 | 859 | $1.6B | MSFT, NVDA, GLD, SPY, AVGO |
| Q1 2025 | 841 | $1.6B | AAPL, MSFT, GLD, AMZN, NVDA |
| Q4 2024 | 836 | $1.6B | AAPL, MSFT, AMZN, NVDA, GLD |
| Q3 2024 | 816 | $1.5B | AAPL, MSFT, GLD, LQD, AMZN |
| Q2 2024 | 597 | $857.9M | AAPL, LQD, MSFT, SPY, GLD |
| Q1 2024 | 619 | $900.1M | AAPL, LQD, MSFT, GLD, HYG |