Penn Davis McFarland Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Penn Davis McFarland Inc. reported 79 stock positions worth $1.1 billion. Its top holding was Alphabet Class C (GOOG) at 13.5% of the portfolio, followed by Nvidia (NVDA, 8.3%) and Unitedhealth (UNH, 5.0%). Compared with Q1 2026, it opened 8 new positions, sold out of 5, added to 14 and reduced 37. The biggest buy was Accenture Class A (ACN, shares +1149%) and the biggest sale Shell PLC-ADR (SHEL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001108893
- Portfolio Value
- $1.1B (Q2 2026)
- SEC Filing
- 0001108893-26-000004 ↗ filed Jul 15, 2026
Holdings Value
Holdings 79 stocks · $1.1B
| GOOG Alphabet Inc. Class C | 13.48% | 428,390 | $151.4M | Reduce -0.7% |
| NVDA Nvidia Corp. | 8.31% | 465,988 | $93.2M | Reduce -6.5% |
| UNH Unitedhealth Group Inc. | 5.04% | 136,259 | $56.6M | Reduce -0.1% |
| ROIV Roivant Sciences Ltd. | 4.98% | 1,580,191 | $55.9M | Reduce -0.8% |
| KMI Kinder Morgan Inc. | 4.77% | 1,673,542 | $53.5M | Reduce -2.0% |
| AAPL Apple Inc. | 4.52% | 175,501 | $50.8M | Reduce -2.2% |
| EPD Enterprise Products Partners | 3.85% | 1,175,994 | $43.2M | Reduce 0.0% |
| ACN Accenture PLC Class A | 3.56% | 320,793 | $39.9M | Add +1148.8% |
| BUD Anheuser-Busch Inbev-SPN ADR | 3.55% | 483,439 | $39.8M | Reduce -0.4% |
| SHEL Shell PLC-ADR | 3.38% | 489,575 | $38.0M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 3.28% | 103,003 | $36.8M | Reduce -5.9% |
| RTX RTX Corp. | 3.15% | 186,527 | $35.4M | Reduce -0.1% |
| QCOM Qualcomm Inc. | 3.08% | 187,300 | $34.6M | Reduce -1.0% |
| PYPL PayPal Holdings Inc. | 2.62% | 680,019 | $29.4M | Add +0.4% |
| LMT Lockheed Martin Corp. | 2.52% | 55,590 | $28.3M | Add +0.1% |
| BSM Black Stone Minerals LP | 2.44% | 1,958,137 | $27.4M | Reduce -0.1% |
| CRM Salesforce Inc. | 2.19% | 157,021 | $24.6M | Add +1.1% |
| EVVTY Evolution AB-ADR | 2.12% | 345,936 | $23.8M | Add +0.7% |
| MTCH Match Group Inc. | 1.80% | 531,126 | $20.2M | Add +1.2% |
| SFM Sprouts Farmers Market Inc. | 1.68% | 223,281 | $18.9M | Reduce 0.0% |
| LVS Las Vegas Sands Corp. | 1.60% | 389,501 | $18.0M | Reduce -3.0% |
| CHKP Check Point Software Tech | 1.43% | 122,103 | $16.0M | Reduce 0.0% |
| BMY Bristol-Myers Squibb Co. | 1.24% | 240,615 | $13.9M | Reduce -28.4% |
| WM Waste Management Inc. | 1.12% | 56,370 | $12.6M | Reduce -0.4% |
| TXN Texas Instruments Inc. | 1.11% | 41,778 | $12.5M | Add +0.5% |
| XYL Xylem Inc. | 1.01% | 95,570 | $11.3M | Reduce -0.1% |
| TGT Target Corp. | 0.98% | 84,306 | $11.0M | Reduce -0.3% |
| MSFT Microsoft Corp. | 0.95% | 28,611 | $10.7M | Add +0.8% |
| JNJ Johnson & Johnson | 0.93% | 41,217 | $10.5M | Reduce -0.3% |
| KMB Kimberly-Clark Corp. | 0.83% | 84,820 | $9.3M | Reduce -2.6% |
| ABBV Abbvie Inc. | 0.69% | 30,630 | $7.7M | Add +0.5% |
| AMGN Amgen Inc. | 0.60% | 18,748 | $6.8M | Reduce -0.1% |
| KO The Coca-Cola Co. | 0.60% | 82,462 | $6.7M | Reduce -0.1% |
| UPS United Parcel Service Class B | 0.54% | 56,843 | $6.1M | Reduce -0.5% |
| MCD McDonald's Corp. | 0.51% | 21,014 | $5.7M | Reduce -0.0% |
| VZ Verizon Communications Inc. | 0.50% | 132,169 | $5.6M | Reduce -0.9% |
| MTD Mettler-Toledo International | 0.37% | 3,218 | $4.1M | Reduce -0.2% |
| PFE Pfizer Inc. | 0.36% | 169,415 | $4.1M | Reduce -0.6% |
| PEP Pepsico Inc. | 0.35% | 29,083 | $3.9M | Reduce -0.2% |
| PG The Procter & Gamble Co. | 0.34% | 26,340 | $3.9M | Reduce -0.4% |
| AXP American Express Co. | 0.32% | 10,546 | $3.6M | No change |
| LLY Eli Lilly & Co. | 0.29% | 2,695 | $3.2M | No change |
| ABT Abbott Laboratories | 0.25% | 31,215 | $2.8M | No change |
| GLD SPDR Gold Shares | 0.24% | 7,283 | $2.7M | No change |
| NKE Nike Inc. Class B | 0.23% | 61,621 | $2.5M | Reduce -0.5% |
| CSCO Cisco Systems Inc. | 0.21% | 19,959 | $2.3M | Add +0.5% |
| JPM JPMorgan Chase & Co. | 0.21% | 7,150 | $2.3M | Add +232.6% |
| USPH U.S. Physical Therapy Inc. | 0.18% | 29,713 | $2.0M | No change |
| AMZN Amazon.com Inc. | 0.18% | 8,502 | $2.0M | Reduce -25.6% |
| FCFS Firstcash Holdings Inc. | 0.14% | 7,220 | $1.6M | No change |
| MTDR Matador Resources Co. | 0.13% | 30,000 | $1.5M | No change |
| CAT Caterpillar Inc. | 0.13% | 1,328 | $1.4M | Reduce -5.1% |
| HON Honeywell International Inc. | 0.12% | 5,765 | $1.3M | No change |
| HONA Honeywell Aerospace Inc. | 0.11% | 5,765 | $1.3M | No change |
| VOO Vanguard S&P 500 ETF | 0.10% | 1,704 | $1.2M | Add +45.9% |
| XOM Exxon Mobil Corp. | 0.09% | 7,718 | $1.1M | Add +11.9% |
| V Visa Inc. Class A | 0.09% | 3,050 | $1.0M | Reduce -9.0% |
| TSLA Tesla Inc. | 0.06% | 1,715 | $721K | No change |
| PAYX Paychex Inc. | 0.05% | 5,881 | $578K | No change |
| DMLP Dorchester Minerals LP | 0.05% | 22,530 | $569K | No change |
| ITOT iShares Core S&P Total U.S. | 0.04% | 2,500 | $411K | No change |
| HD Home Depot Inc. | 0.03% | 1,037 | $366K | Reduce -0.1% |
| AVGO Broadcom Inc. | 0.03% | 943 | $356K | Add +38.7% |
| META Meta Platforms Inc. Class A | 0.03% | 587 | $331K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.03% | 645 | $323K | No change |
| WMT Walmart Inc. | 0.03% | 2,720 | $308K | No change |
| TRV The Travelers Cos Inc. | 0.03% | 933 | $308K | No change |
| AMD Advanced Micro Devices | 0.03% | 527 | $306K | New |
| GEV GE Vernova Inc. | 0.03% | 240 | $282K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.02% | 370 | $276K | Reduce -36.5% |
| ETN Eaton Corp. PLC | 0.02% | 617 | $263K | New |
| PANW Palo Alto Networks Inc. | 0.02% | 705 | $240K | New |
| SOLS Solstice Adv Materials Inc. | 0.02% | 2,457 | $218K | New |
| TECK Teck Resources Ltd.-CLS B | 0.02% | 3,600 | $214K | New |
| DELL Dell Technologies -C | 0.02% | 492 | $212K | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.02% | 2,370 | $204K | New |
| ARCC Ares Capital Corp. | 0.02% | 10,663 | $198K | New |
| CLNN Clene Inc. | 0.01% | 11,000 | $68K | No change |
| GAME Gamesquare Hldgs Inc. | 0.00% | 10,000 | $4K | No change |
Portfolio Sells Q1 2026 → Q2 2026
| SHEL Shell PLC-ADR | Reduce -1.5% | 3.38% | −1.14 |
| KMI Kinder Morgan Inc. | Reduce -2.0% | 4.77% | −0.84 |
| BMY Bristol-Myers Squibb Co. | Reduce -28.4% | 1.24% | −0.76 |
| LVS Las Vegas Sands Corp. | Reduce -3.0% | 1.60% | −0.51 |
| EPD Enterprise Products Partners | Reduce 0.0% | 3.85% | −0.50 |
| BSM Black Stone Minerals LP | Reduce -0.1% | 2.44% | −0.46 |
| RTX RTX Corp. | Reduce -0.1% | 3.15% | −0.37 |
| CHKP Check Point Software Tech | Reduce 0.0% | 1.43% | −0.28 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.26 |
| SIRI Sirius XM Holdings Inc. | Sold out | 0.00% | −0.25 |
| NVDA Nvidia Corp. | Reduce -6.5% | 8.31% | −0.20 |
| VZ Verizon Communications Inc. | Reduce -0.9% | 0.50% | −0.16 |
| WM Waste Management Inc. | Reduce -0.4% | 1.12% | −0.15 |
| MCD McDonald's Corp. | Reduce -0.0% | 0.51% | −0.13 |
| XYL Xylem Inc. | Reduce -0.1% | 1.01% | −0.11 |
| PFE Pfizer Inc. | Reduce -0.6% | 0.36% | −0.10 |
| NKE Nike Inc. Class B | Reduce -0.5% | 0.23% | −0.09 |
| PEP Pepsico Inc. | Reduce -0.2% | 0.35% | −0.09 |
| JNJ Johnson & Johnson | Reduce -0.3% | 0.93% | −0.06 |
| AMZN Amazon.com Inc. | Reduce -25.6% | 0.18% | −0.05 |
| AMGN Amgen Inc. | Reduce -0.1% | 0.60% | −0.04 |
| MTD Mettler-Toledo International | Reduce -0.2% | 0.37% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 0.34% | −0.03 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.02 |
| SLV iShares Silver Trust | Sold out | 0.00% | −0.02 |
| TGT Target Corp. | Reduce -0.3% | 0.98% | −0.02 |
| TPL Texas Pacific Land Corp. | Sold out | 0.00% | −0.02 |
| KO The Coca-Cola Co. | Reduce -0.1% | 0.60% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -36.5% | 0.02% | −0.01 |
| V Visa Inc. Class A | Reduce -9.0% | 0.09% | −0.01 |
| UPS United Parcel Service Class B | Reduce -0.5% | 0.54% | −0.01 |
| SFM Sprouts Farmers Market Inc. | Reduce 0.0% | 1.68% | −0.00 |
| HD Home Depot Inc. | Reduce -0.1% | 0.03% | −0.00 |
| KMB Kimberly-Clark Corp. | Reduce -2.6% | 0.83% | +0.01 |
| CAT Caterpillar Inc. | Reduce -5.1% | 0.13% | +0.03 |
| AAPL Apple Inc. | Reduce -2.2% | 4.52% | +0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -5.9% | 3.28% | +0.20 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -0.4% | 3.55% | +0.26 |
| ROIV Roivant Sciences Ltd. | Reduce -0.8% | 4.98% | +0.67 |
| QCOM Qualcomm Inc. | Reduce -1.0% | 3.08% | +0.70 |
| GOOG Alphabet Inc. Class C | Reduce -0.7% | 13.48% | +1.38 |
| UNH Unitedhealth Group Inc. | Reduce -0.1% | 5.04% | +1.44 |
Portfolio Buys Q1 2026 → Q2 2026
| ACN Accenture PLC Class A | Add +1148.8% | 3.56% | +3.06 |
| TXN Texas Instruments Inc. | Add +0.5% | 1.11% | +0.32 |
| MTCH Match Group Inc. | Add +1.2% | 1.80% | +0.22 |
| JPM JPMorgan Chase & Co. | Add +232.6% | 0.21% | +0.15 |
| CSCO Cisco Systems Inc. | Add +0.5% | 0.21% | +0.06 |
| ABBV Abbvie Inc. | Add +0.5% | 0.69% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +45.9% | 0.10% | +0.04 |
| EVVTY Evolution AB-ADR | Add +0.7% | 2.12% | +0.03 |
| AMD Advanced Micro Devices | New | 0.03% | +0.03 |
| ETN Eaton Corp. PLC | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | New | 0.02% | +0.02 |
| SOLS Solstice Adv Materials Inc. | New | 0.02% | +0.02 |
| TECK Teck Resources Ltd.-CLS B | New | 0.02% | +0.02 |
| DELL Dell Technologies -C | New | 0.02% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.02% | +0.02 |
| ARCC Ares Capital Corp. | New | 0.02% | +0.02 |
| AVGO Broadcom Inc. | Add +38.7% | 0.03% | +0.01 |
| XOM Exxon Mobil Corp. | Add +11.9% | 0.09% | −0.02 |
| MSFT Microsoft Corp. | Add +0.8% | 0.95% | −0.08 |
| PYPL PayPal Holdings Inc. | Add +0.4% | 2.62% | −0.38 |
| CRM Salesforce Inc. | Add +1.1% | 2.19% | −0.64 |
| LMT Lockheed Martin Corp. | Add +0.1% | 2.52% | −0.76 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 79 | $1.1B | GOOG, NVDA, UNH, ROIV, KMI |
| Q1 2026 | 75 | $1.0B | GOOG, NVDA, KMI, SHEL, AAPL |
| Q4 2025 | 75 | $1.0B | GOOG, NVDA, GOOGL, AAPL, KMI |
| Q3 2025 | 76 | $967.6M | GOOG, NVDA, KMI, UNH, AAPL |
| Q2 2025 | 76 | $887.9M | GOOG, NVDA, KMI, PYPL, UNH |
| Q1 2025 | 74 | $844.2M | GOOG, NVDA, KMI, AAPL, EPD |
| Q4 2024 | 80 | $917.7M | GOOG, NVDA, PYPL, KMI, AAPL |
| Q3 2024 | 76 | $888.0M | GOOG, NVDA, PYPL, AAPL, KMI |
| Q2 2024 | 44 | $646.1M | GOOG, QCOM, SHEL, AAPL, EPD |
| Q1 2024 | 46 | $643.6M | GOOG, PYPL, EPD, SHEL, QCOM |