Penn Davis McFarland Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 25, 2024), Penn Davis McFarland Inc. reported 46 stock positions worth $643.6 million. Its top holding was Alphabet Class C (GOOG) at 11.2% of the portfolio, followed by PayPal (PYPL, 5.5%) and Enterprise Products Partners (EPD, 5.5%). Compared with Q4 2023, it opened 1 new position, added to 12 and reduced 22. The biggest buy was a new position in Roivant Sciences (ROIV) and the biggest sale Apple (AAPL, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001108893
- Portfolio Value
- $643.6M (Q1 2024)
- SEC Filing
- 0001108893-24-000003 ↗ filed Apr 25, 2024
Holdings Value
Holdings 46 stocks · $643.6M
| GOOG Alphabet Inc. Class C | 11.16% | 471,846 | $71.8M | Reduce -2.5% |
| PYPL PayPal Holdings Inc. | 5.51% | 529,818 | $35.5M | Add +10.6% |
| EPD Enterprise Products Partners | 5.49% | 1,211,705 | $35.4M | Add +1.2% |
| SHEL Shell PLC-ADR | 5.46% | 524,524 | $35.2M | Reduce -3.1% |
| QCOM Qualcomm Inc. | 5.32% | 202,167 | $34.2M | Reduce -5.5% |
| KMI Kinder Morgan Inc. | 4.84% | 1,698,200 | $31.1M | Add +3.7% |
| AAPL Apple Inc. | 4.49% | 168,469 | $28.9M | Reduce -14.5% |
| UNH Unitedhealth Group Inc. | 4.28% | 55,664 | $27.5M | Add +9.0% |
| GOOGL Alphabet Inc. Class A | 4.22% | 180,133 | $27.2M | Reduce -2.4% |
| SFM Sprouts Farmers Market Inc. | 3.91% | 390,480 | $25.2M | Reduce -12.3% |
| LSXMK Liberty Media Corp.-Liber-New | 3.73% | 807,860 | $24.0M | Add +8.0% |
| SPR Spirit Aerosystems Hold Class A | 3.68% | 657,181 | $23.7M | Reduce -1.8% |
| FTRE Fortrea Holdings Inc. | 3.55% | 569,987 | $22.9M | Add +5.8% |
| BSM Black Stone Minerals LP | 3.37% | 1,356,321 | $21.7M | Reduce -8.1% |
| LMT Lockheed Martin Corp. | 3.34% | 47,268 | $21.5M | Add +4.7% |
| BUD Anheuser-Busch Inbev-SPN ADR | 3.30% | 349,838 | $21.3M | Add +16.9% |
| CHKP Check Point Software Tech | 3.22% | 126,504 | $20.7M | Reduce -1.3% |
| LVS Las Vegas Sands Corp. | 3.22% | 400,841 | $20.7M | Add +16.0% |
| RTX RTX Corp. | 3.07% | 202,721 | $19.8M | Reduce -2.0% |
| BMY Bristol-Myers Squibb Co. | 3.03% | 359,256 | $19.5M | Reduce -1.1% |
| ROIV Roivant Sciences Ltd. | 2.69% | 1,640,125 | $17.3M | New |
| MTCH Match Group Inc. | 2.63% | 465,753 | $16.9M | Add +23.4% |
| XYL Xylem Inc. | 1.98% | 98,382 | $12.7M | Reduce -5.9% |
| ACN Accenture PLC Class A | 1.41% | 26,113 | $9.1M | Reduce -1.1% |
| DESP Despegar.com Corp. | 0.37% | 198,500 | $2.4M | No change |
| HON Honeywell International Inc. | 0.33% | 10,376 | $2.1M | Reduce -0.1% |
| MTDR Matador Resources Co. | 0.31% | 30,000 | $2.0M | No change |
| NVDA Nvidia Corp. | 0.26% | 1,868 | $1.7M | No change |
| EBAY eBay Inc. | 0.24% | 29,056 | $1.5M | Reduce -0.3% |
| XOM Exxon Mobil Corp. | 0.19% | 10,474 | $1.2M | Reduce -8.7% |
| DMLP Dorchester Minerals LP | 0.16% | 29,945 | $1.0M | Add +58.6% |
| V Visa Inc. Class A | 0.15% | 3,492 | $975K | Reduce -2.1% |
| MSFT Microsoft Corp. | 0.15% | 2,227 | $937K | Reduce -2.9% |
| AMZN Amazon.com Inc. | 0.13% | 4,724 | $852K | No change |
| VOO Vanguard S&P 500 ETF | 0.13% | 1,760 | $846K | Reduce -13.3% |
| PAYX Paychex Inc. | 0.11% | 5,881 | $722K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 1,002 | $524K | Add +3.0% |
| GLD SPDR Gold Shares | 0.08% | 2,513 | $517K | No change |
| JPM JPMorgan Chase & Co. | 0.07% | 2,373 | $475K | No change |
| AMGN Amgen Inc. | 0.07% | 1,500 | $426K | No change |
| PEP Pepsico Inc. | 0.07% | 2,434 | $426K | Reduce -2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 758 | $319K | No change |
| MRK Merck & Co. Inc. | 0.04% | 2,022 | $267K | No change |
| TXN Texas Instruments Inc. | 0.04% | 1,412 | $246K | No change |
| TRV The Travelers Cos Inc. | 0.03% | 933 | $215K | Reduce -30.6% |
| KMB Kimberly-Clark Corp. | 0.03% | 1,654 | $214K | Reduce -54.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | 1,150,000 | $1.1M | No change |
Total filed on the 13F, all lines: $644.7M.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -14.5% | 4.49% | −1.98 |
| BSM Black Stone Minerals LP | Reduce -8.1% | 3.37% | −0.65 |
| SHEL Shell PLC-ADR | Reduce -3.1% | 5.46% | −0.61 |
| GOOG Alphabet Inc. Class C | Reduce -2.5% | 11.16% | −0.46 |
| ACN Accenture PLC Class A | Reduce -1.1% | 1.41% | −0.17 |
| GOOGL Alphabet Inc. Class A | Reduce -2.4% | 4.22% | −0.17 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.1% | 3.03% | −0.15 |
| CHKP Check Point Software Tech | Reduce -1.3% | 3.22% | −0.11 |
| XYL Xylem Inc. | Reduce -5.9% | 1.98% | −0.06 |
| KMB Kimberly-Clark Corp. | Reduce -54.1% | 0.03% | −0.04 |
| HON Honeywell International Inc. | Reduce -0.1% | 0.33% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -13.3% | 0.13% | −0.02 |
| TRV The Travelers Cos Inc. | Reduce -30.6% | 0.03% | −0.01 |
| V Visa Inc. Class A | Reduce -2.1% | 0.15% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -8.7% | 0.19% | −0.01 |
| PEP Pepsico Inc. | Reduce -2.0% | 0.07% | −0.01 |
| MSFT Microsoft Corp. | Reduce -2.9% | 0.15% | −0.00 |
| EBAY eBay Inc. | Reduce -0.3% | 0.24% | +0.02 |
| QCOM Qualcomm Inc. | Reduce -5.5% | 5.32% | +0.04 |
| SPR Spirit Aerosystems Hold Class A | Reduce -1.8% | 3.68% | +0.06 |
| RTX RTX Corp. | Reduce -2.0% | 3.07% | +0.10 |
| SFM Sprouts Farmers Market Inc. | Reduce -12.3% | 3.91% | +0.26 |
Portfolio Buys Q4 2023 → Q1 2024
| ROIV Roivant Sciences Ltd. | New | 2.69% | +2.69 |
| PYPL PayPal Holdings Inc. | Add +10.6% | 5.51% | +0.50 |
| FTRE Fortrea Holdings Inc. | Add +5.8% | 3.55% | +0.35 |
| LVS Las Vegas Sands Corp. | Add +16.0% | 3.22% | +0.32 |
| MTCH Match Group Inc. | Add +23.4% | 2.63% | +0.28 |
| EPD Enterprise Products Partners | Add +1.2% | 5.49% | +0.12 |
| LSXMK Liberty Media Corp.-Liber-New | Add +8.0% | 3.73% | +0.06 |
| DMLP Dorchester Minerals LP | Add +58.6% | 0.16% | +0.05 |
| BUD Anheuser-Busch Inbev-SPN ADR | Add +16.9% | 3.30% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.0% | 0.08% | +0.00 |
| KMI Kinder Morgan Inc. | Add +3.7% | 4.84% | −0.09 |
| LMT Lockheed Martin Corp. | Add +4.7% | 3.34% | −0.15 |
| UNH Unitedhealth Group Inc. | Add +9.0% | 4.28% | −0.30 |
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 |