McDaniel Terry & Co.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 24, 2025), McDaniel Terry & Co. reported 99 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 10.4% of the portfolio, followed by Apple (AAPL, 7.0%) and Automatic Data Processing (ADP, 5.2%). Compared with Q4 2024, it opened 5 new positions, sold out of 7, added to 19 and reduced 45. The biggest buy was a new position in Eaton (ETN) and the biggest sale FedEx (FDX, shares −78%).

Most Recent 13F
Q2 2026
Location
AUSTIN, TX
CIK
0001104366
Portfolio Value
$1.1B (Q1 2025)
SEC Filing
0001104366-25-000004 ↗ filed Apr 24, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.1B $1.1B Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 99 stocks · $1.1B
MSFT Microsoft Corp. 10.37% 315,653 $118.5M Add +0.0%
AAPL Apple Inc. 6.99% 359,631 $79.9M Reduce -0.5%
ADP Automatic Data Processing 5.19% 194,014 $59.3M Reduce -0.5%
TSM Taiwan Semiconductor-SP ADR 4.20% 289,288 $48.0M Reduce -1.2%
NDSN Nordson Corp. 4.15% 235,135 $47.4M Add +0.4%
ITW Illinois Tool Works 4.05% 186,726 $46.3M Reduce -0.5%
ECL Ecolab Inc. 3.74% 168,515 $42.7M Reduce -0.6%
PCAR Paccar Inc. 3.42% 401,703 $39.1M Reduce -0.7%
DOV Dover Corp. 3.39% 220,357 $38.7M Reduce -0.6%
DCI Donaldson Co. Inc. 3.29% 560,037 $37.6M Reduce -0.3%
PG The Procter & Gamble Co. 3.26% 218,572 $37.2M Reduce -2.0%
CTAS Cintas Corp. 3.26% 181,073 $37.2M Reduce -1.0%
ISRG Intuitive Surgical Inc. 3.03% 69,903 $34.6M Reduce -0.8%
KO The Coca-Cola Co. 2.81% 447,785 $32.1M Reduce -2.0%
JNJ Johnson & Johnson 2.79% 192,473 $31.9M Reduce -1.2%
EMR Emerson Electric Co. 2.75% 286,557 $31.4M Reduce -2.6%
HON Honeywell International Inc. 2.55% 137,761 $29.2M Reduce -1.8%
APH Amphenol Corp. Class A 2.35% 409,459 $26.9M Reduce -0.6%
INTU Intuit Inc. 2.19% 40,695 $25.0M Add +0.4%
SYK Stryker Corp. 2.17% 66,540 $24.8M Reduce -0.8%
AMZN Amazon.com Inc. 2.05% 123,227 $23.4M Reduce -0.7%
ALC Alcon Inc. filed as ALCON AG 2.04% 245,222 $23.3M Reduce -3.8%
MKC McCormick & Co.-Non VTG SHRS 1.81% 251,228 $20.7M Reduce -2.7%
BDX Becton Dickinson and Co. 1.76% 87,911 $20.1M Add +0.3%
APD Air Products & Chemicals Inc. 1.66% 64,480 $19.0M Reduce -1.3%
TXN Texas Instruments Inc. 1.39% 88,137 $15.8M Add +3.3%
TMO Thermo Fisher Scientific Inc. 1.34% 30,674 $15.3M Add +1.4%
ADBE Adobe Inc. 1.29% 38,414 $14.7M Add +0.7%
ZBRA Zebra Technologies Corp. Class A 1.25% 50,384 $14.2M Add +6.1%
BRK.B Berkshire Hathaway Inc. Class B 1.18% 25,300 $13.5M Reduce -2.8%
ETN Eaton Corp. PLC 0.93% 39,136 $10.6M New
ACN Accenture PLC Class A 0.93% 33,904 $10.6M New
XOM Exxon Mobil Corp. 0.61% 59,076 $7.0M Reduce -21.6%
PEP Pepsico Inc. 0.59% 45,275 $6.8M Reduce -75.1%
FDX FedEx Corp. 0.56% 26,046 $6.3M Reduce -78.3%
ABBV Abbvie Inc. 0.26% 14,371 $3.0M Reduce -0.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.25% 5,203 $2.9M No change
NVDA Nvidia Corp. 0.25% 26,810 $2.9M Reduce -6.5%
ABT Abbott Laboratories 0.21% 18,153 $2.4M Reduce -0.1%
GOOGL Alphabet Inc. Class A 0.20% 15,007 $2.3M Add +3.3%
MA Mastercard Inc. Class A 0.19% 4,040 $2.2M No change
UPS United Parcel Service Class B 0.19% 19,592 $2.2M Reduce -26.8%
CVX Chevron Corp. 0.19% 12,834 $2.1M Add +0.0%
BSM Black Stone Minerals LP 0.16% 119,987 $1.8M Reduce -5.3%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.16% 1,830 $1.8M No change
SJT San Juan Basin Royalty TR 0.15% 318,076 $1.8M No change
DMLP Dorchester Minerals LP 0.14% 52,423 $1.6M No change
JPM JPMorgan Chase & Co. 0.13% 6,166 $1.5M Reduce -0.7%
WM Waste Management Inc. 0.13% 6,275 $1.5M Reduce -1.9%
STEL Stellar Bancorp Inc. 0.11% 46,419 $1.3M No change
LRCX Lam Research Corp. 0.09% 14,190 $1.0M No change
META Meta Platforms Inc. Class A 0.09% 1,783 $1.0M Reduce -18.5%
SBR Sabine Royalty Trust 0.08% 14,000 $948K No change
NFLX Netflix Inc. 0.08% 1,010 $942K Add +0.3%
MDT Medtronic PLC 0.07% 8,568 $770K No change
DUK Duke Energy Corp. 0.07% 6,117 $746K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 3,000 $746K Add +0.3%
AVGO Broadcom Inc. 0.06% 4,222 $707K Add +167.2%
SYY Sysco Corp. 0.06% 9,247 $694K Reduce -0.6%
MCD McDonald's Corp. 0.06% 2,175 $679K No change
CRM Salesforce Inc. 0.06% 2,420 $649K Add +32.8%
LLY Eli Lilly & Co. 0.06% 777 $642K Reduce -56.7%
COP Conocophillips 0.05% 5,838 $613K No change
BMY Bristol-Myers Squibb Co. 0.05% 8,720 $532K No change
LOW Lowe's Cos Inc. 0.04% 2,195 $512K Reduce -31.7%
GOOG Alphabet Inc. Class C 0.04% 3,156 $493K Reduce -0.3%
WMT Walmart Inc. 0.04% 5,492 $482K No change
MDLZ Mondelez International Inc. Class A 0.04% 6,960 $472K No change
VNQ Vanguard Real Estate ETF 0.04% 5,179 $469K Reduce -36.8%
DHR Danaher Corp. 0.04% 2,223 $456K Reduce -16.0%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.04% 5,744 $453K Reduce -29.0%
NVS Novartis AG-Sponsored ADR 0.04% 3,895 $434K Reduce -1.1%
NEE Nextera Energy Inc. 0.04% 6,090 $432K Add +0.0%
VEA Vanguard Ftse Developed ETF 0.04% 8,365 $425K Add +13.5%
NOW ServiceNow Inc. 0.04% 522 $416K Add +16.5%
TLN Talen Energy Corp. 0.04% 2,079 $415K No change
MMM 3M Co. 0.03% 2,652 $389K No change
HD Home Depot Inc. 0.03% 1,050 $385K Add +0.6%
IJH iShares Core S&P Midcap ETF 0.03% 6,440 $376K No change
BX Blackstone Inc. 0.03% 2,500 $349K No change
PSX Phillips 66 0.03% 2,730 $337K No change
AMGN Amgen Inc. 0.03% 1,032 $322K Add +0.2%
KRE SS SPDR S&P Regional Bank 0.03% 5,638 $321K No change
UNH Unitedhealth Group Inc. 0.03% 597 $313K Reduce -1.8%
IYT iShares US Transportation Et 0.03% 4,856 $311K No change
TMUS T-Mobile US Inc. 0.03% 1,098 $293K Reduce -24.6%
SAPGF Sap SE 0.02% 1,065 $282K No change
GLD SPDR Gold Shares 0.02% 939 $271K No change
FFIN First Finl Bankshares Inc. 0.02% 7,336 $264K No change
SPGI S&P Global Inc. 0.02% 515 $262K No change
MLM Martin Marietta Materials 0.02% 540 $258K New
PANW Palo Alto Networks Inc. 0.02% 1,497 $255K Reduce -8.6%
BLK BlackRock Inc. 0.02% 265 $251K No change
EPD Enterprise Products Partners 0.02% 7,020 $240K Reduce -10.2%
VEEV Veeva Systems Inc. Class A 0.02% 956 $221K No change
INTC Intel Corp. 0.02% 9,208 $209K New
CSGP Costar Group Inc. 0.02% 2,557 $203K New
NOK Nokia Corp.-Spon ADR 0.01% 15,300 $81K No change
CEYFF Parent Capital Corp. 0.00% 12,559 $1K No change

Portfolio Sells Q4 2024 → Q1 2025
FDX FedEx Corp. Reduce -78.3% 0.56% −2.21
PEP Pepsico Inc. Reduce -75.1% 0.59% −1.68
TSM Taiwan Semiconductor-SP ADR Reduce -1.2% 4.20% −0.54
AAPL Apple Inc. Reduce -0.5% 6.99% −0.43
EMR Emerson Electric Co. Reduce -2.6% 2.75% −0.24
AMZN Amazon.com Inc. Reduce -0.7% 2.05% −0.18
UPS United Parcel Service Class B Reduce -26.8% 0.19% −0.09
NVDA Nvidia Corp. Reduce -6.5% 0.25% −0.06
LLY Eli Lilly & Co. Reduce -56.7% 0.06% −0.06
XOM Exxon Mobil Corp. Reduce -21.6% 0.61% −0.05
HON Honeywell International Inc. Reduce -1.8% 2.55% −0.04
AER Aercap Holdings NV Sold out 0.00% −0.03
MRK Merck & Co. Inc. Sold out 0.00% −0.03
PCAR Paccar Inc. Reduce -0.7% 3.42% −0.03
DOV Dover Corp. Reduce -0.6% 3.39% −0.02
LOW Lowe's Cos Inc. Reduce -31.7% 0.04% −0.02
PFE Pfizer Inc. Sold out 0.00% −0.02
VOO Vanguard S&P 500 ETF Sold out 0.00% −0.02
AMD Advanced Micro Devices Sold out 0.00% −0.02
VNQ Vanguard Real Estate ETF Reduce -36.8% 0.04% −0.02
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.02
FERG Ferguson Jersey Ltd. Sold out 0.00% −0.02
META Meta Platforms Inc. Class A Reduce -18.5% 0.09% −0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -29.0% 0.04% −0.01
DHR Danaher Corp. Reduce -16.0% 0.04% −0.01
GOOG Alphabet Inc. Class C Reduce -0.3% 0.04% −0.01
PANW Palo Alto Networks Inc. Reduce -8.6% 0.02% −0.00
TMUS T-Mobile US Inc. Reduce -24.6% 0.03% −0.00
EPD Enterprise Products Partners Reduce -10.2% 0.02% +0.00
UNH Unitedhealth Group Inc. Reduce -1.8% 0.03% +0.00
SYY Sysco Corp. Reduce -0.6% 0.06% +0.00
APH Amphenol Corp. Class A Reduce -0.6% 2.35% +0.00
NVS Novartis AG-Sponsored ADR Reduce -1.1% 0.04% +0.01
BSM Black Stone Minerals LP Reduce -5.3% 0.16% +0.01
JPM JPMorgan Chase & Co. Reduce -0.7% 0.13% +0.01
ISRG Intuitive Surgical Inc. Reduce -0.8% 3.03% +0.01
WM Waste Management Inc. Reduce -1.9% 0.13% +0.02
ABT Abbott Laboratories Reduce -0.1% 0.21% +0.04
ABBV Abbvie Inc. Reduce -0.9% 0.26% +0.05
APD Air Products & Chemicals Inc. Reduce -1.3% 1.66% +0.11
ITW Illinois Tool Works Reduce -0.5% 4.05% +0.15
DCI Donaldson Co. Inc. Reduce -0.3% 3.29% +0.18
SYK Stryker Corp. Reduce -0.8% 2.17% +0.19
PG The Procter & Gamble Co. Reduce -2.0% 3.26% +0.19
MKC McCormick & Co.-Non VTG SHRS Reduce -2.7% 1.81% +0.20
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.8% 1.18% +0.21
ALC Alcon Inc. Reduce -3.8% 2.04% +0.26
KO The Coca-Cola Co. Reduce -2.0% 2.81% +0.47
ECL Ecolab Inc. Reduce -0.6% 3.74% +0.48
JNJ Johnson & Johnson Reduce -1.2% 2.79% +0.48

Portfolio Buys Q4 2024 → Q1 2025
ETN Eaton Corp. PLC New 0.93% +0.93
ACN Accenture PLC Class A New 0.93% +0.93
NDSN Nordson Corp. Add +0.4% 4.15% +0.13
BDX Becton Dickinson and Co. Add +0.3% 1.76% +0.13
INTU Intuit Inc. Add +0.4% 2.19% +0.10
TXN Texas Instruments Inc. Add +3.3% 1.39% +0.07
TMO Thermo Fisher Scientific Inc. Add +1.4% 1.34% +0.05
CVX Chevron Corp. Add +0.0% 0.19% +0.04
AVGO Broadcom Inc. Add +167.2% 0.06% +0.03
MLM Martin Marietta Materials New 0.02% +0.02
INTC Intel Corp. New 0.02% +0.02
CSGP Costar Group Inc. New 0.02% +0.02
IBM Intl Business Machines Corp. Add +0.3% 0.07% +0.01
NFLX Netflix Inc. Add +0.3% 0.08% +0.01
VEA Vanguard Ftse Developed ETF Add +13.5% 0.04% +0.01
CRM Salesforce Inc. Add +32.8% 0.06% +0.01
AMGN Amgen Inc. Add +0.2% 0.03% +0.01
NEE Nextera Energy Inc. Add +0.0% 0.04% +0.00
HD Home Depot Inc. Add +0.6% 0.03% +0.00
NOW ServiceNow Inc. Add +16.5% 0.04% −0.00
GOOGL Alphabet Inc. Class A Add +3.3% 0.20% −0.02
ADBE Adobe Inc. Add +0.7% 1.29% −0.10
ZBRA Zebra Technologies Corp. Class A Add +6.1% 1.25% −0.26
MSFT Microsoft Corp. Add +0.0% 10.37% −0.54

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 81$1.3BTSM, MSFT, AAPL, APH, NDSN
Q1 2026 81$1.2BMSFT, TSM, AAPL, NDSN, APH
Q4 2025 76$1.1BMSFT, TSM, AAPL, APH, NDSN
Q3 2025 90$1.2BMSFT, AAPL, TSM, ADP, NDSN
Q2 2025 91$1.2BMSFT, AAPL, TSM, ADP, NDSN
Q1 2025 99$1.1BMSFT, AAPL, ADP, TSM, NDSN
Q4 2024 101$1.2BMSFT, AAPL, TSM, ADP, NDSN
Q3 2024 98$1.2BMSFT, AAPL, NDSN, TSM, ADP
Q2 2024 94$1.1BMSFT, AAPL, TSM, NDSN, ADP
Q1 2024 102$1.1BMSFT, AAPL, NDSN, PCAR, ADP