McDaniel Terry & Co.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), McDaniel Terry & Co. reported 76 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 11.5% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 7.0%) and Apple (AAPL, 6.6%). Compared with Q3 2025, it opened 2 new positions, sold out of 16, added to 7 and reduced 53. The biggest buy was Accenture Class A (ACN, shares +1%) and the biggest sale Microsoft (MSFT, shares −11%).

Most Recent 13F
Q2 2026
Location
AUSTIN, TX
CIK
0001104366
Portfolio Value
$1.1B (Q4 2025)
SEC Filing
0001104366-26-000002 ↗ filed Feb 10, 2026

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 Q3 2025 Q4 2025: $1.1B $1.1B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 76 stocks · $1.1B
MSFT Microsoft Corp. 11.53% 273,867 $132.4M Reduce -11.4%
TSM Taiwan Semiconductor-SP ADR 7.00% 264,711 $80.4M Reduce -7.5%
AAPL Apple Inc. 6.59% 278,487 $75.7M Reduce -22.2%
APH Amphenol Corp. Class A 4.56% 387,528 $52.4M Reduce -4.5%
NDSN Nordson Corp. 4.50% 214,893 $51.7M Reduce -8.7%
ADP Automatic Data Processing 4.01% 179,201 $46.1M Reduce -7.4%
DCI Donaldson Co. Inc. 3.88% 503,113 $44.6M Reduce -9.5%
ITW Illinois Tool Works 3.71% 173,072 $42.6M Reduce -7.1%
PCAR Paccar Inc. 3.58% 375,350 $41.1M Reduce -6.0%
ECL Ecolab Inc. 3.55% 155,278 $40.8M Reduce -7.4%
DOV Dover Corp. 3.53% 207,886 $40.6M Reduce -5.5%
ISRG Intuitive Surgical Inc. 3.30% 67,004 $37.9M Reduce -3.2%
JNJ Johnson & Johnson 3.12% 173,044 $35.8M Reduce -10.0%
EMR Emerson Electric Co. 3.11% 269,338 $35.7M Reduce -5.6%
CTAS Cintas Corp. 2.90% 177,059 $33.3M Reduce -1.8%
PG The Procter & Gamble Co. 2.59% 207,508 $29.7M Reduce -5.0%
KO The Coca-Cola Co. 2.50% 411,156 $28.7M Reduce -7.7%
AMZN Amazon.com Inc. 2.28% 113,347 $26.2M Reduce -5.3%
INTU Intuit Inc. 2.22% 38,523 $25.5M Reduce -1.9%
HON Honeywell International Inc. 2.14% 126,224 $24.6M Reduce -6.8%
SYK Stryker Corp. 1.95% 63,822 $22.4M Reduce -1.9%
ALC Alcon Inc. filed as ALCON AG 1.58% 230,122 $18.1M Reduce -5.0%
TMO Thermo Fisher Scientific Inc. 1.56% 30,925 $17.9M Reduce -4.8%
ETN Eaton Corp. PLC 1.38% 49,614 $15.8M Reduce -0.2%
TXN Texas Instruments Inc. 1.36% 90,218 $15.7M Reduce -0.1%
MKC McCormick & Co.-Non VTG SHRS 1.36% 229,183 $15.6M Reduce -8.2%
APD Air Products & Chemicals Inc. 1.34% 62,492 $15.4M Reduce -3.4%
ZBRA Zebra Technologies Corp. Class A 1.10% 52,044 $12.6M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 1.10% 25,126 $12.6M No change
ACN Accenture PLC Class A 1.05% 45,008 $12.1M Add +1.3%
ADBE Adobe Inc. 1.04% 34,187 $12.0M Reduce -11.4%
XOM Exxon Mobil Corp. 0.62% 58,887 $7.1M Reduce -0.1%
NVDA Nvidia Corp. 0.26% 15,755 $2.9M Reduce -36.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.25% 4,218 $2.9M Add +0.4%
ABBV Abbvie Inc. 0.22% 11,050 $2.5M Reduce -22.4%
PEP Pepsico Inc. 0.21% 17,014 $2.4M Reduce -15.6%
GOOGL Alphabet Inc. Class A 0.20% 7,436 $2.3M Reduce -46.0%
LRCX Lam Research Corp. 0.20% 13,500 $2.3M No change
GWW WW Grainger Inc. 0.16% 1,830 $1.8M No change
FDX FedEx Corp. 0.15% 6,100 $1.8M Reduce -1.3%
MA Mastercard Inc. Class A 0.14% 2,852 $1.6M Reduce -29.3%
UPS United Parcel Service Class B 0.14% 16,410 $1.6M Reduce -11.5%
BSM Black Stone Minerals LP 0.14% 119,987 $1.6M No change
ABT Abbott Laboratories 0.14% 12,388 $1.6M Reduce -32.0%
CVX Chevron Corp. 0.13% 9,695 $1.5M Reduce -24.6%
STEL Stellar Bancorp Inc. 0.13% 46,419 $1.4M No change
BDX Becton Dickinson and Co. 0.12% 7,340 $1.4M Reduce -42.8%
WM Waste Management Inc. 0.12% 6,275 $1.4M No change
DMLP Dorchester Minerals LP 0.10% 52,423 $1.2M No change
GOOG Alphabet Inc. Class C 0.09% 3,156 $990K No change
SJT San Juan Basin Royalty TR 0.08% 170,288 $957K Reduce -46.5%
NFLX Netflix Inc. 0.08% 10,000 $938K No change
LLY Eli Lilly & Co. 0.07% 755 $811K Add +1.3%
DUK Duke Energy Corp. 0.06% 6,153 $721K Add +0.4%
SYY Sysco Corp. 0.06% 9,246 $681K Add +0.0%
AVGO Broadcom Inc. 0.05% 1,619 $560K Reduce -61.0%
MDT Medtronic PLC 0.05% 5,795 $557K Reduce -31.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 1,788 $530K Reduce -40.1%
LOW Lowe's Cos Inc. 0.05% 2,186 $527K Add +0.1%
SBR Sabine Royalty Trust 0.04% 7,000 $480K Reduce -50.0%
BMY Bristol-Myers Squibb Co. 0.04% 8,319 $449K Reduce -2.9%
NVS Novartis AG-Sponsored ADR 0.04% 3,169 $437K Reduce -0.3%
MMM 3M Co. 0.04% 2,645 $423K No change
COP Conocophillips 0.03% 4,040 $378K Reduce -30.8%
MCD McDonald's Corp. 0.03% 1,231 $376K Reduce -42.3%
GLD SPDR Gold Shares 0.03% 939 $372K No change
PSX Phillips 66 0.03% 2,730 $352K No change
HD Home Depot Inc. 0.03% 980 $337K Add +1.8%
TCBI Texas Capital Bancshares Inc. 0.03% 3,500 $317K New
WMT Walmart Inc. 0.03% 2,604 $290K Reduce -50.5%
META Meta Platforms Inc. Class A 0.02% 426 $281K Reduce -67.2%
VGT Vanguard Info Tech ETF 0.02% 340 $256K New
EPD Enterprise Products Partners 0.02% 7,020 $225K No change
AMGN Amgen Inc. 0.02% 676 $221K Reduce -34.0%
FFIN First Finl Bankshares Inc. 0.02% 7,336 $219K No change
NOK Nokia Corp.-Spon ADR 0.01% 14,968 $97K Reduce -2.2%

Portfolio Sells Q3 2025 → Q4 2025
MSFT Microsoft Corp. Reduce -11.4% 11.53% −1.36
AAPL Apple Inc. Reduce -22.2% 6.59% −0.74
ADP Automatic Data Processing Reduce -7.4% 4.01% −0.56
ITW Illinois Tool Works Reduce -7.1% 3.71% −0.20
HON Honeywell International Inc. Reduce -6.8% 2.14% −0.15
ECL Ecolab Inc. Reduce -7.4% 3.55% −0.15
ZBRA Zebra Technologies Corp. Class A Reduce -0.1% 1.10% −0.15
ETN Eaton Corp. PLC Reduce -0.2% 1.38% −0.12
NVDA Nvidia Corp. Reduce -36.3% 0.26% −0.12
JPM JPMorgan Chase & Co. Sold out 0.00% −0.12
PG The Procter & Gamble Co. Reduce -5.0% 2.59% −0.11
CTAS Cintas Corp. Reduce -1.8% 2.90% −0.08
APD Air Products & Chemicals Inc. Reduce -3.4% 1.34% −0.08
SJT San Juan Basin Royalty TR Reduce -46.5% 0.08% −0.07
BDX Becton Dickinson and Co. Reduce -42.8% 0.12% −0.07
GOOGL Alphabet Inc. Class A Reduce -46.0% 0.20% −0.07
AVGO Broadcom Inc. Reduce -61.0% 0.05% −0.06
ABT Abbott Laboratories Reduce -32.0% 0.14% −0.06
NOW ServiceNow Inc. Sold out 0.00% −0.06
ADBE Adobe Inc. Reduce -11.4% 1.04% −0.05
META Meta Platforms Inc. Class A Reduce -67.2% 0.02% −0.05
SBR Sabine Royalty Trust Reduce -50.0% 0.04% −0.05
MU Micron Technology Inc. Sold out 0.00% −0.05
ABBV Abbvie Inc. Reduce -22.4% 0.22% −0.05
MA Mastercard Inc. Class A Reduce -29.3% 0.14% −0.04
XLU St Sr Utl SL SE SPDR ETF-Usd Sold out 0.00% −0.04
VEA Vanguard Ftse Developed ETF Sold out 0.00% −0.04
NEE Nextera Energy Inc. Sold out 0.00% −0.04
BX Blackstone Inc. Sold out 0.00% −0.03
IJH iShares Core S&P Midcap ETF Sold out 0.00% −0.03
CVX Chevron Corp. Reduce -24.6% 0.13% −0.03
KRE SS SPDR S&P Regional Bank Sold out 0.00% −0.03
IYT iShares US Transportation Et Sold out 0.00% −0.03
AMT American Tower Corp. Sold out 0.00% −0.03
ORCL Oracle Corp. Sold out 0.00% −0.03
VNQ Vanguard Real Estate ETF Sold out 0.00% −0.03
BLK BlackRock Inc. Sold out 0.00% −0.02
IBM Intl Business Machines Corp. Reduce -40.1% 0.05% −0.02
SPGI S&P Global Inc. Sold out 0.00% −0.02
MCD McDonald's Corp. Reduce -42.3% 0.03% −0.02
WMT Walmart Inc. Reduce -50.5% 0.03% −0.02
VWO Vanguard Ftse Emerging Marke Sold out 0.00% −0.02
MDT Medtronic PLC Reduce -31.4% 0.05% −0.02
PEP Pepsico Inc. Reduce -15.6% 0.21% −0.02
COP Conocophillips Reduce -30.8% 0.03% −0.01
AMGN Amgen Inc. Reduce -34.0% 0.02% −0.00
NOK Nokia Corp.-Spon ADR Reduce -2.2% 0.01% +0.00
NVS Novartis AG-Sponsored ADR Reduce -0.3% 0.04% +0.01
BMY Bristol-Myers Squibb Co. Reduce -2.9% 0.04% +0.01
MKC McCormick & Co.-Non VTG SHRS Reduce -8.2% 1.36% +0.01

Portfolio Buys Q3 2025 → Q4 2025
ACN Accenture PLC Class A Add +1.3% 1.05% +0.17
TCBI Texas Capital Bancshares Inc. New 0.03% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +0.4% 0.25% +0.03
LLY Eli Lilly & Co. Add +1.3% 0.07% +0.02
VGT Vanguard Info Tech ETF New 0.02% +0.02
DUK Duke Energy Corp. Add +0.4% 0.06% +0.00
LOW Lowe's Cos Inc. Add +0.1% 0.05% +0.00
SYY Sysco Corp. Add +0.0% 0.06% −0.00
HD Home Depot Inc. Add +1.8% 0.03% −0.00

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