Lee Financial Co
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Lee Financial Co reported 181 stock positions worth $795.1 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 23.9% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 11.2%) and Schwab Fndmntl US LRG Co. ETF (FNDX, 7.9%). Compared with Q2 2025, it opened 40 new positions, sold out of 4, added to 81 and reduced 41. The biggest buy was Apple (AAPL, shares +66%) and the biggest sale SS Energy Select Sector (XLE, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- Dallas, TX
- CIK
- 0001391166
- Portfolio Value
- $795.1M (Q3 2025)
- SEC Filing
- 0001172661-25-004563 ↗ filed Nov 4, 2025
Holdings Value
Holdings 181 stocks · $795.1M
| IVV iShares Core S&P 500 ETF | 23.89% | 283,860 | $190.0M | Add +3.1% |
| IJH iShares Core S&P Midcap ETF | 11.20% | 1,364,354 | $89.0M | Add +5.1% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 7.87% | 2,378,488 | $62.6M | Reduce -1.3% |
| IVW iShares S&P 500 Growth ETF | 5.51% | 362,653 | $43.8M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.21% | 82,423 | $41.4M | Reduce -2.3% |
| AAPL Apple Inc. | 3.68% | 114,999 | $29.3M | Add +66.0% |
| EMLP First Trust North American E | 3.52% | 729,889 | $27.9M | Reduce -0.8% |
| GLD SPDR Gold Shares | 3.47% | 77,641 | $27.6M | Reduce -0.3% |
| SHV iShares 0-1 Year Treasury Bo | 2.78% | 200,307 | $22.1M | Add +16.6% |
| QQQ Invesco QQQ Trust Series 1 | 2.39% | 31,683 | $19.0M | Add +2.5% |
| SCHM Schwab US Mid Cap ETF | 1.22% | 328,212 | $9.7M | Reduce -0.7% |
| MSFT Microsoft Corp. | 1.19% | 18,342 | $9.5M | Add +14.9% |
| SCHX Schwab US Large-Cap ETF | 1.18% | 355,342 | $9.4M | Add +2.5% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 1.10% | 204,511 | $8.8M | Reduce -2.7% |
| DVY iShares Select Dividend ETF | 0.99% | 55,168 | $7.8M | Reduce -2.5% |
| XLE SS Energy Select Sector | 0.86% | 76,097 | $6.8M | Reduce -45.7% |
| NVDA Nvidia Corp. | 0.82% | 34,916 | $6.5M | Add +87.4% |
| IWP iShares Russell Mid-Cap Grow | 0.76% | 42,364 | $6.0M | Reduce -1.6% |
| ACWI iShares MSCI Acwi ETF | 0.74% | 42,570 | $5.9M | Add +1.8% |
| AVGO Broadcom Inc. | 0.74% | 17,734 | $5.9M | Reduce -24.4% |
| IJR iShares Core S&P Small-Cap E | 0.71% | 47,588 | $5.7M | Add +2.4% |
| JPM JPMorgan Chase & Co. | 0.46% | 11,682 | $3.7M | Add +7.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.42% | 10,282 | $3.4M | Add +1.3% |
| ET Energy Transfer LP | 0.42% | 193,817 | $3.3M | Add +359.7% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.41% | 97,723 | $3.3M | Add +0.0% |
| SCHA Schwab US Small-Cap ETF | 0.38% | 108,725 | $3.0M | Add +4.9% |
| AMZN Amazon.com Inc. | 0.37% | 13,523 | $3.0M | Add +42.6% |
| ABBV Abbvie Inc. | 0.37% | 12,552 | $2.9M | Add +1.9% |
| HD Home Depot Inc. | 0.34% | 6,690 | $2.7M | Add +3.8% |
| PM Philip Morris International | 0.34% | 16,658 | $2.7M | Add +1.8% |
| NEM Newmont Corp. | 0.34% | 31,915 | $2.7M | Add +2.4% |
| ENB Enbridge Inc. | 0.31% | 48,170 | $2.4M | Add +16.8% |
| TNGY Tortoise Energy ETF | 0.29% | 252,963 | $2.3M | Reduce -35.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.29% | 26,066 | $2.3M | Reduce -2.8% |
| XOM Exxon Mobil Corp. | 0.29% | 20,151 | $2.3M | Reduce -5.1% |
| TSLA Tesla Inc. | 0.28% | 4,999 | $2.2M | Add +255.6% |
| ABT Abbott Laboratories | 0.28% | 16,498 | $2.2M | Add +3.3% |
| ETR Entergy Corp. | 0.27% | 22,672 | $2.1M | Reduce -1.8% |
| RTX RTX Corp. | 0.26% | 12,367 | $2.1M | Add +9.3% |
| BR Broadridge Financial Solutio | 0.25% | 8,342 | $2.0M | Reduce -0.8% |
| KO The Coca-Cola Co. | 0.25% | 29,840 | $2.0M | Add +5.2% |
| OKE Oneok Inc. | 0.25% | 27,145 | $2.0M | Add +22.1% |
| EPD Enterprise Products Partners | 0.25% | 63,043 | $2.0M | Add +22.3% |
| ORCL Oracle Corp. | 0.24% | 6,672 | $1.9M | Add +8.8% |
| MS Morgan Stanley | 0.24% | 11,792 | $1.9M | Add +2.4% |
| CFG Citizens Financial Group | 0.24% | 35,243 | $1.9M | Reduce -1.0% |
| LLY Eli Lilly & Co. | 0.23% | 2,394 | $1.8M | Add +37.4% |
| BLK BlackRock Inc. | 0.23% | 1,551 | $1.8M | Add +3.1% |
| SCHF Schwab Intl Equity ETF | 0.23% | 77,051 | $1.8M | Reduce -2.6% |
| CSCO Cisco Systems Inc. | 0.23% | 26,207 | $1.8M | Add +3.0% |
| FAST Fastenal Co. | 0.21% | 34,288 | $1.7M | Reduce -0.6% |
| WSO Watsco Inc. | 0.21% | 4,128 | $1.7M | Reduce -1.0% |
| WMT Walmart Inc. | 0.21% | 15,917 | $1.6M | Add +7.7% |
| IVE iShares S&P 500 Value ETF | 0.21% | 7,939 | $1.6M | Reduce -3.7% |
| FERG Ferguson Enterprises Inc. | 0.20% | 7,180 | $1.6M | Reduce -1.1% |
| STE Steris PLC | 0.20% | 6,515 | $1.6M | Reduce -0.9% |
| PAYX Paychex Inc. | 0.20% | 12,637 | $1.6M | Reduce -1.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.20% | 6,292 | $1.6M | Add +0.0% |
| ORI Old Republic Intl Corp. | 0.20% | 37,697 | $1.6M | Reduce -1.3% |
| CNQ Canadian Natural Resources | 0.20% | 49,449 | $1.6M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 0.20% | 6,492 | $1.6M | Add +70.5% |
| SCZ iShares MSCI Eafe Small-Cap | 0.20% | 20,520 | $1.6M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 0.19% | 2,094 | $1.5M | Add +44.4% |
| VNOM Viper Energy Inc. Class A | 0.19% | 39,673 | $1.5M | New |
| BRK.A Berkshire Hathaway Inc. Class A | 0.19% | 2 | $1.5M | Add +100.0% |
| QSR Restaurant Brands Intern | 0.18% | 22,109 | $1.4M | Reduce -1.4% |
| LIN Linde PLC | 0.18% | 2,976 | $1.4M | Add +3.2% |
| GOOG Alphabet Inc. Class C | 0.18% | 5,797 | $1.4M | Add +7.9% |
| SCI Service Corp. International | 0.17% | 16,401 | $1.4M | Reduce -1.3% |
| SUN Sunoco LP | 0.16% | 25,705 | $1.3M | Add +573.1% |
| MA Mastercard Inc. Class A | 0.16% | 2,258 | $1.3M | Add +10.0% |
| ALKT Alkami Technology Inc. | 0.16% | 49,900 | $1.2M | Reduce -9.1% |
| ALLY Ally Financial Inc. | 0.16% | 31,579 | $1.2M | Add +30.4% |
| GEL Genesis Energy L.P. | 0.16% | 73,923 | $1.2M | New |
| WTRG Essential Utilities Inc. | 0.15% | 30,504 | $1.2M | Add +14.4% |
| COST Costco Wholesale Corp. | 0.15% | 1,314 | $1.2M | Add +6.6% |
| SHY iShares 1-3 Year Treasury Bo | 0.15% | 14,316 | $1.2M | Reduce -11.2% |
| FNF Fidelity National Financial | 0.15% | 19,612 | $1.2M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 0.15% | 3,390 | $1.2M | New |
| IP International Paper Co. | 0.15% | 24,866 | $1.2M | Reduce -1.1% |
| AMT American Tower Corp. | 0.14% | 5,897 | $1.1M | Reduce -0.3% |
| V Visa Inc. Class A | 0.14% | 3,290 | $1.1M | Add +18.2% |
| DE Deere & Co. | 0.14% | 2,439 | $1.1M | New |
| WMB Williams Cos Inc. | 0.14% | 17,586 | $1.1M | Add +102.7% |
| MRK Merck & Co. Inc. | 0.14% | 13,222 | $1.1M | Add +4.8% |
| VOO Vanguard S&P 500 ETF | 0.14% | 1,801 | $1.1M | Add +5.9% |
| AMGN Amgen Inc. | 0.14% | 3,818 | $1.1M | Add +4.6% |
| IEMG iShares Core MSCI Emerging | 0.14% | 16,298 | $1.1M | Add +0.2% |
| IWF iShares Russell 1000 Growth | 0.13% | 2,219 | $1.0M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.12% | 1,491 | $993K | Add +58.8% |
| OWL Blue Owl Capital Inc. | 0.12% | 56,480 | $956K | Add +84.0% |
| DMLP Dorchester Minerals LP | 0.12% | 35,605 | $922K | Add +44.7% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.12% | 25,420 | $919K | Add +3.0% |
| TRP TC Energy Corp. | 0.12% | 16,814 | $915K | New |
| MTUM iShares MSCI USA Momentum Fa | 0.11% | 3,552 | $911K | No change |
| GLP Global Partners LP | 0.11% | 18,800 | $902K | New |
| ARKO Arko Corp. | 0.11% | 195,000 | $891K | New |
| MPLX MPLX LP | 0.10% | 16,679 | $833K | Add +126.3% |
| MMLP Martin Midstream Partners LP | 0.10% | 271,369 | $830K | New |
| OIH Vaneck Oil Services ETF | 0.10% | 3,000 | $780K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,828 | $2.3M | New |
Total filed on the 13F, all lines: $797.4M.
Portfolio Sells Q2 2025 → Q3 2025
| XLE SS Energy Select Sector | Reduce -45.7% | 0.86% | −0.85 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.3% | 5.21% | −0.66 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -1.3% | 7.87% | −0.61 |
| EMLP First Trust North American E | Reduce -0.8% | 3.52% | −0.44 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.5% | 5.51% | −0.25 |
| TNGY Tortoise Energy ETF | Reduce -35.3% | 0.29% | −0.23 |
| VNOM Viper Energy Inc. | Sold out | 0.00% | −0.20 |
| AVGO Broadcom Inc. | Reduce -24.4% | 0.74% | −0.19 |
| SCHM Schwab US Mid Cap ETF | Reduce -0.7% | 1.22% | −0.11 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -2.7% | 1.10% | −0.10 |
| IWP iShares Russell Mid-Cap Grow | Reduce -1.6% | 0.76% | −0.10 |
| DVY iShares Select Dividend ETF | Reduce -2.5% | 0.99% | −0.09 |
| AGG iShares Core U.S. Aggregate | Reduce -43.5% | 0.09% | −0.09 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.08 |
| ALKT Alkami Technology Inc. | Reduce -9.1% | 0.16% | −0.08 |
| PAYX Paychex Inc. | Reduce -1.2% | 0.20% | −0.07 |
| WSO Watsco Inc. | Reduce -1.0% | 0.21% | −0.05 |
| AMT American Tower Corp. | Reduce -0.3% | 0.14% | −0.04 |
| BR Broadridge Financial Solutio | Reduce -0.8% | 0.25% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -5.1% | 0.29% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -11.2% | 0.15% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -47.5% | 0.04% | −0.04 |
| QSR Restaurant Brands Intern | Reduce -1.4% | 0.18% | −0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.8% | 0.29% | −0.03 |
| BNL Broadstone Net Lease Inc. | Sold out | 0.00% | −0.03 |
| CNQ Canadian Natural Resources | Reduce -1.0% | 0.20% | −0.03 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -35.0% | 0.03% | −0.03 |
| SCHF Schwab Intl Equity ETF | Reduce -2.6% | 0.23% | −0.03 |
| IVE iShares S&P 500 Value ETF | Reduce -3.7% | 0.21% | −0.02 |
| FERG Ferguson Enterprises Inc. | Reduce -1.1% | 0.20% | −0.02 |
| IP International Paper Co. | Reduce -1.1% | 0.15% | −0.02 |
| STE Steris PLC | Reduce -0.9% | 0.20% | −0.02 |
| SCI Service Corp. International | Reduce -1.3% | 0.17% | −0.02 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -1.3% | 0.20% | −0.02 |
| ACWV iShares MSCI Global Min Vol | Reduce -19.9% | 0.03% | −0.01 |
| SCHH Schwab US REIT ETF | Reduce -5.7% | 0.06% | −0.01 |
| GLDM SPDR Gold Minishares Trust | Reduce -19.4% | 0.05% | −0.01 |
| FNF Fidelity National Financial | Reduce -0.8% | 0.15% | −0.01 |
| ETR Entergy Corp. | Reduce -1.8% | 0.27% | −0.01 |
| ORI Old Republic Intl Corp. | Reduce -1.3% | 0.20% | −0.01 |
| PEP Pepsico Inc. | Reduce -3.3% | 0.04% | −0.00 |
| GTEC Greenland Technologies-A | Sold out | 0.00% | −0.00 |
| FAST Fastenal Co. | Reduce -0.6% | 0.21% | +0.00 |
| CFG Citizens Financial Group | Reduce -1.0% | 0.24% | +0.01 |
| GLD SPDR Gold Shares | Reduce -0.3% | 3.47% | +0.07 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +66.0% | 3.68% | +1.64 |
| NVDA Nvidia Corp. | Add +87.4% | 0.82% | +0.40 |
| ET Energy Transfer LP | Add +359.7% | 0.42% | +0.31 |
| TSLA Tesla Inc. | Add +255.6% | 0.28% | +0.22 |
| VNOM Viper Energy Inc. Class A | New | 0.19% | +0.19 |
| GEL Genesis Energy L.P. | New | 0.16% | +0.16 |
| UNH Unitedhealth Group Inc. | New | 0.15% | +0.15 |
| DE Deere & Co. | New | 0.14% | +0.14 |
| SUN Sunoco LP | Add +573.1% | 0.16% | +0.13 |
| TRP TC Energy Corp. | New | 0.12% | +0.12 |
| GLP Global Partners LP | New | 0.11% | +0.11 |
| ARKO Arko Corp. | New | 0.11% | +0.11 |
| MMLP Martin Midstream Partners LP | New | 0.10% | +0.10 |
| GOOGL Alphabet Inc. Class A | Add +70.5% | 0.20% | +0.10 |
| OIH Vaneck Oil Services ETF | New | 0.10% | +0.10 |
| IGF iShares Global Infrastructur | New | 0.09% | +0.09 |
| NGL NGL Energy Partners LP | New | 0.09% | +0.09 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +100.0% | 0.19% | +0.09 |
| NEM Newmont Corp. | Add +2.4% | 0.34% | +0.08 |
| AMZN Amazon.com Inc. | Add +42.6% | 0.37% | +0.08 |
| NFLX Netflix Inc. | New | 0.07% | +0.07 |
| SHV iShares 0-1 Year Treasury Bo | Add +16.6% | 2.78% | +0.06 |
| WMB Williams Cos Inc. | Add +102.7% | 0.14% | +0.06 |
| TRGP Targa Resources Corp. | New | 0.06% | +0.06 |
| MSFT Microsoft Corp. | Add +14.9% | 1.19% | +0.06 |
| LEN Lennar Corp. Class A | New | 0.06% | +0.06 |
| LNG Cheniere Energy Inc. | Add +197.9% | 0.09% | +0.05 |
| NUW Nuveen Amt-Free Muni Val | New | 0.05% | +0.05 |
| MPC Marathon Petroleum Corp. | New | 0.05% | +0.05 |
| MPLX MPLX LP | Add +126.3% | 0.10% | +0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.05% | +0.05 |
| CAPL Crossamerica Partners LP | New | 0.05% | +0.05 |
| ORCL Oracle Corp. | Add +8.8% | 0.24% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +58.8% | 0.12% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +7.9% | 0.18% | +0.04 |
| META Meta Platforms Inc. Class A | Add +44.4% | 0.19% | +0.04 |
| COP Conocophillips | New | 0.04% | +0.04 |
| RWR SS SPDR Dow Jones REIT ETF | Add +105.3% | 0.08% | +0.04 |
| ENB Enbridge Inc. | Add +16.8% | 0.31% | +0.04 |
| ABBV Abbvie Inc. | Add +1.9% | 0.37% | +0.04 |
| BSM Black Stone Minerals LP | New | 0.04% | +0.04 |
| AMAT Applied Materials Inc. | New | 0.04% | +0.04 |
| OWL Blue Owl Capital Inc. | Add +84.0% | 0.12% | +0.04 |
| LLY Eli Lilly & Co. | Add +37.4% | 0.23% | +0.04 |
| NIM Nuveen Select Maturit Muni | New | 0.03% | +0.03 |
| FDX FedEx Corp. | New | 0.03% | +0.03 |
| DTM DT Midstream Inc. | New | 0.03% | +0.03 |
| NSC Norfolk Southern Corp. | New | 0.03% | +0.03 |
| LEO BNY Mellon Strategic Muni | New | 0.03% | +0.03 |
| LMT Lockheed Martin Corp. | New | 0.03% | +0.03 |
Notes & Other Activity Q2 2025 → Q3 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | New | 1,828 | $2.3M |
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 | 162 | $783.1M | IVV, IJH, FNDX, IVW, BRK.B |
| Q1 2026 | 145 | $708.8M | IVV, IJH, FNDX, IVW, BRK.B |
| Q4 2025 | 140 | $740.2M | IVV, IJH, FNDX, IVW, BRK.B |
| Q3 2025 | 181 | $795.1M | IVV, IJH, FNDX, IVW, BRK.B |
| Q2 2025 | 145 | $697.3M | IVV, IJH, FNDX, BRK.B, IVW |
| Q1 2025 | 145 | $654.7M | IVV, IJH, FNDX, BRK.B, IVW |
| Q4 2024 | 179 | $710.8M | IVV, IJH, FNDX, BRK.B, IVW |
| Q3 2024 | 183 | $704.2M | IVV, IJH, FNDX, BRK.B, IVW |
| Q2 2024 | 144 | $612.3M | IVV, IJH, FNDX, BRK.B, IVW |
| Q1 2024 | 140 | $598.4M | IVV, IJH, FNDX, BRK.B, IVW |