McDaniel Terry & Co.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), McDaniel Terry & Co. reported 90 stock positions worth $1.2 billion. Its top holding was Microsoft (MSFT) at 12.9% of the portfolio, followed by Apple (AAPL, 7.3%) and Taiwan Semiconductor-SP ADR (TSM, 6.4%). Compared with Q2 2025, it opened 1 new position, sold out of 2, added to 26 and reduced 26. The biggest buy was Johnson & Johnson (JNJ, shares +0%) and the biggest sale Becton Dickinson and (BDX, shares −85%).

Most Recent 13F
Q2 2026
Location
AUSTIN, TX
CIK
0001104366
Portfolio Value
$1.2B (Q3 2025)
SEC Filing
0001104366-25-000011 ↗ filed Oct 22, 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 Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.2B $1.2B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 90 stocks · $1.2B
MSFT Microsoft Corp. 12.89% 309,124 $160.1M Reduce -1.0%
AAPL Apple Inc. 7.33% 357,784 $91.1M Reduce -0.4%
TSM Taiwan Semiconductor-SP ADR 6.43% 286,141 $79.9M Reduce -0.4%
ADP Automatic Data Processing 4.57% 193,493 $56.8M Reduce -0.3%
NDSN Nordson Corp. 4.30% 235,230 $53.4M Add +0.1%
APH Amphenol Corp. Class A 4.04% 405,867 $50.2M Reduce -0.6%
ITW Illinois Tool Works 3.91% 186,354 $48.6M Add +0.0%
ECL Ecolab Inc. 3.70% 167,618 $45.9M Reduce -0.1%
DCI Donaldson Co. Inc. 3.66% 555,848 $45.5M Reduce -0.1%
PCAR Paccar Inc. 3.16% 399,215 $39.3M Reduce -0.6%
EMR Emerson Electric Co. 3.01% 285,440 $37.4M Reduce -0.3%
CTAS Cintas Corp. 2.98% 180,306 $37.0M Reduce -0.2%
DOV Dover Corp. 2.96% 220,064 $36.7M Add +0.1%
JNJ Johnson & Johnson 2.87% 192,219 $35.6M Add +0.3%
PG The Procter & Gamble Co. 2.70% 218,380 $33.6M Add +0.2%
ISRG Intuitive Surgical Inc. 2.49% 69,209 $31.0M Reduce -1.1%
KO The Coca-Cola Co. 2.38% 445,493 $29.5M Add +0.1%
HON Honeywell International Inc. 2.29% 135,377 $28.5M Add +0.3%
INTU Intuit Inc. 2.16% 39,280 $26.8M Add +0.0%
AMZN Amazon.com Inc. 2.12% 119,663 $26.3M Reduce -0.9%
SYK Stryker Corp. 1.94% 65,033 $24.0M Add +0.2%
ETN Eaton Corp. PLC 1.50% 49,728 $18.6M Add +2.4%
ALC Alcon Inc. filed as ALCON AG 1.45% 242,240 $18.0M Reduce -1.2%
APD Air Products & Chemicals Inc. 1.42% 64,656 $17.6M Add +0.6%
MKC McCormick & Co.-Non VTG SHRS 1.35% 249,758 $16.7M Reduce -0.1%
TXN Texas Instruments Inc. 1.34% 90,305 $16.6M Add +1.3%
TMO Thermo Fisher Scientific Inc. 1.27% 32,475 $15.8M Add +2.8%
ZBRA Zebra Technologies Corp. Class A 1.25% 52,075 $15.5M Add +0.8%
ADBE Adobe Inc. 1.10% 38,579 $13.6M Reduce -2.4%
BRK.B Berkshire Hathaway Inc. Class B 1.02% 25,126 $12.6M No change
ACN Accenture PLC Class A 0.88% 44,441 $11.0M Add +4.0%
XOM Exxon Mobil Corp. 0.54% 58,949 $6.6M Reduce -0.2%
NVDA Nvidia Corp. 0.37% 24,746 $4.6M Reduce -0.2%
GOOGL Alphabet Inc. Class A 0.27% 13,779 $3.3M No change
ABBV Abbvie Inc. 0.27% 14,242 $3.3M Reduce -0.3%
PEP Pepsico Inc. 0.23% 20,168 $2.8M Reduce -8.8%
SPY SS SPDR S&P 500 ETF Trust-US 0.23% 4,203 $2.8M Reduce -19.2%
ABT Abbott Laboratories 0.20% 18,216 $2.4M Add +0.1%
BDX Becton Dickinson and Co. 0.19% 12,841 $2.4M Reduce -85.3%
MA Mastercard Inc. Class A 0.18% 4,035 $2.3M No change
CVX Chevron Corp. 0.16% 12,864 $2.0M Add +0.2%
SJT San Juan Basin Royalty TR 0.15% 318,076 $1.9M No change
LRCX Lam Research Corp. 0.15% 13,500 $1.8M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.14% 1,830 $1.7M No change
BSM Black Stone Minerals LP 0.13% 119,987 $1.6M No change
UPS United Parcel Service Class B 0.12% 18,545 $1.5M Reduce -1.8%
FDX FedEx Corp. 0.12% 6,183 $1.5M Reduce -20.4%
JPM JPMorgan Chase & Co. 0.12% 4,558 $1.4M Reduce -20.7%
STEL Stellar Bancorp Inc. 0.11% 46,419 $1.4M No change
WM Waste Management Inc. 0.11% 6,275 $1.4M No change
AVGO Broadcom Inc. 0.11% 4,156 $1.4M No change
DMLP Dorchester Minerals LP 0.11% 52,423 $1.4M No change
NFLX Netflix Inc. 0.10% 1,000 $1.2M No change
SBR Sabine Royalty Trust 0.09% 14,000 $1.1M No change
META Meta Platforms Inc. Class A 0.08% 1,300 $955K Add +0.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 2,985 $842K No change
MDT Medtronic PLC 0.06% 8,448 $805K No change
GOOG Alphabet Inc. Class C 0.06% 3,156 $769K No change
SYY Sysco Corp. 0.06% 9,243 $761K Add +0.0%
DUK Duke Energy Corp. 0.06% 6,128 $758K Add +0.6%
NOW ServiceNow Inc. 0.06% 774 $712K Add +48.9%
MCD McDonald's Corp. 0.05% 2,133 $648K No change
MU Micron Technology Inc. 0.05% 3,440 $576K Add +79.0%
LLY Eli Lilly & Co. 0.05% 745 $568K Add +0.3%
COP Conocophillips 0.04% 5,838 $552K No change
LOW Lowe's Cos Inc. 0.04% 2,185 $549K Add +0.1%
WMT Walmart Inc. 0.04% 5,262 $542K No change
VEA Vanguard Ftse Developed ETF 0.04% 8,365 $501K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.04% 5,744 $501K No change
NEE Nextera Energy Inc. 0.04% 6,146 $464K Add +0.9%
BX Blackstone Inc. 0.03% 2,500 $427K No change
IJH iShares Core S&P Midcap ETF 0.03% 6,440 $420K No change
MMM 3M Co. 0.03% 2,645 $410K No change
NVS Novartis AG-Sponsored ADR 0.03% 3,177 $407K Reduce -9.2%
HD Home Depot Inc. 0.03% 963 $390K Reduce -3.5%
BMY Bristol-Myers Squibb Co. 0.03% 8,569 $386K Add +0.2%
PSX Phillips 66 0.03% 2,730 $371K No change
KRE SS SPDR S&P Regional Bank 0.03% 5,638 $357K No change
IYT iShares US Transportation Et 0.03% 4,856 $348K No change
AMT American Tower Corp. 0.03% 1,737 $334K New
GLD SPDR Gold Shares 0.03% 939 $334K No change
ORCL Oracle Corp. 0.03% 1,156 $325K No change
VNQ Vanguard Real Estate ETF 0.03% 3,467 $317K No change
BLK BlackRock Inc. 0.02% 265 $309K No change
AMGN Amgen Inc. 0.02% 1,024 $289K No change
SPGI S&P Global Inc. 0.02% 515 $251K No change
FFIN First Finl Bankshares Inc. 0.02% 7,336 $247K No change
VWO Vanguard Ftse Emerging Marke 0.02% 4,078 $221K No change
EPD Enterprise Products Partners 0.02% 7,020 $220K No change
NOK Nokia Corp.-Spon ADR 0.01% 15,300 $74K No change

Portfolio Sells Q2 2025 → Q3 2025
BDX Becton Dickinson and Co. Reduce -85.3% 0.19% −1.04
ISRG Intuitive Surgical Inc. Reduce -1.1% 2.49% −0.62
ADP Automatic Data Processing Reduce -0.3% 4.57% −0.33
ALC Alcon Inc. Reduce -1.2% 1.45% −0.32
CTAS Cintas Corp. Reduce -0.2% 2.98% −0.32
MKC McCormick & Co.-Non VTG SHRS Reduce -0.1% 1.35% −0.21
ADBE Adobe Inc. Reduce -2.4% 1.10% −0.16
EMR Emerson Electric Co. Reduce -0.3% 3.01% −0.11
AMZN Amazon.com Inc. Reduce -0.9% 2.12% −0.05
SPY SS SPDR S&P 500 ETF Trust-US Reduce -19.2% 0.23% −0.04
UPS United Parcel Service Class B Reduce -1.8% 0.12% −0.03
CRM Salesforce Inc. Sold out 0.00% −0.03
FDX FedEx Corp. Reduce -20.4% 0.12% −0.03
JPM JPMorgan Chase & Co. Reduce -20.7% 0.12% −0.02
INTC Intel Corp. Sold out 0.00% −0.02
PEP Pepsico Inc. Reduce -8.8% 0.23% −0.01
ECL Ecolab Inc. Reduce -0.1% 3.70% −0.01
NVS Novartis AG-Sponsored ADR Reduce -9.2% 0.03% −0.00
HD Home Depot Inc. Reduce -3.5% 0.03% +0.00
XOM Exxon Mobil Corp. Reduce -0.2% 0.54% +0.01
PCAR Paccar Inc. Reduce -0.6% 3.16% +0.03
ABBV Abbvie Inc. Reduce -0.3% 0.27% +0.05
NVDA Nvidia Corp. Reduce -0.2% 0.37% +0.05
MSFT Microsoft Corp. Reduce -1.0% 12.89% +0.17
DCI Donaldson Co. Inc. Reduce -0.1% 3.66% +0.50
APH Amphenol Corp. Class A Reduce -0.6% 4.04% +0.74
TSM Taiwan Semiconductor-SP ADR Reduce -0.4% 6.43% +1.11
AAPL Apple Inc. Reduce -0.4% 7.33% +1.30

Portfolio Buys Q2 2025 → Q3 2025
JNJ Johnson & Johnson Add +0.3% 2.87% +0.47
TMO Thermo Fisher Scientific Inc. Add +2.8% 1.27% +0.22
NDSN Nordson Corp. Add +0.1% 4.30% +0.17
ITW Illinois Tool Works Add +0.0% 3.91% +0.14
ETN Eaton Corp. PLC Add +2.4% 1.50% +0.08
AMT American Tower Corp. New 0.03% +0.03
MU Micron Technology Inc. Add +79.0% 0.05% +0.03
NOW ServiceNow Inc. Add +48.9% 0.06% +0.01
CVX Chevron Corp. Add +0.2% 0.16% +0.01
LOW Lowe's Cos Inc. Add +0.1% 0.04% +0.00
SYY Sysco Corp. Add +0.0% 0.06% +0.00
NEE Nextera Energy Inc. Add +0.9% 0.04% +0.00
DUK Duke Energy Corp. Add +0.6% 0.06% +0.00
META Meta Platforms Inc. Class A Add +0.6% 0.08% −0.00
BMY Bristol-Myers Squibb Co. Add +0.2% 0.03% −0.00
LLY Eli Lilly & Co. Add +0.3% 0.05% −0.00
ABT Abbott Laboratories Add +0.1% 0.20% −0.01
ZBRA Zebra Technologies Corp. Class A Add +0.8% 1.25% −0.06
APD Air Products & Chemicals Inc. Add +0.6% 1.42% −0.06
PG The Procter & Gamble Co. Add +0.2% 2.70% −0.14
ACN Accenture PLC Class A Add +4.0% 0.88% −0.16
SYK Stryker Corp. Add +0.2% 1.94% −0.17
TXN Texas Instruments Inc. Add +1.3% 1.34% −0.18
KO The Coca-Cola Co. Add +0.1% 2.38% −0.20
HON Honeywell International Inc. Add +0.3% 2.29% −0.28
DOV Dover Corp. Add +0.1% 2.96% −0.34
INTU Intuit Inc. Add +0.0% 2.16% −0.37

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