Penn Davis McFarland Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Penn Davis McFarland Inc. reported 80 stock positions worth $917.7 million. Its top holding was Alphabet Class C (GOOG) at 10.2% of the portfolio, followed by Nvidia (NVDA, 8.7%) and PayPal (PYPL, 5.8%). Compared with Q3 2024, it opened 6 new positions, sold out of 2, added to 17 and reduced 41. The biggest buy was Alphabet Class C (GOOG, shares +0%) and the biggest sale Qualcomm (QCOM, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001108893
- Portfolio Value
- $917.7M (Q4 2024)
- SEC Filing
- 0001108893-25-000001 ↗ filed Jan 16, 2025
Holdings Value
Holdings 80 stocks · $917.7M
| GOOG Alphabet Inc. Class C | 10.24% | 493,252 | $93.9M | Add +0.2% |
| NVDA Nvidia Corp. | 8.75% | 597,838 | $80.3M | Reduce -0.1% |
| PYPL PayPal Holdings Inc. | 5.80% | 623,383 | $53.2M | Reduce -0.3% |
| KMI Kinder Morgan Inc. | 5.36% | 1,796,336 | $49.2M | Reduce -0.2% |
| AAPL Apple Inc. | 5.09% | 186,402 | $46.7M | Add +0.3% |
| SFM Sprouts Farmers Market Inc. | 4.50% | 324,845 | $41.3M | Reduce -4.0% |
| EPD Enterprise Products Partners | 4.07% | 1,191,359 | $37.4M | Reduce -0.6% |
| UNH Unitedhealth Group Inc. | 3.72% | 67,547 | $34.2M | Add +21.8% |
| GOOGL Alphabet Inc. Class A | 3.57% | 173,190 | $32.8M | Add +0.7% |
| SHEL Shell PLC-ADR | 3.45% | 505,029 | $31.6M | Reduce -0.1% |
| QCOM Qualcomm Inc. | 3.21% | 191,950 | $29.5M | Reduce -0.0% |
| CHKP Check Point Software Tech | 2.55% | 125,504 | $23.4M | Reduce -0.0% |
| BUD Anheuser-Busch Inbev-SPN ADR | 2.55% | 467,519 | $23.4M | Add +34.0% |
| BSM Black Stone Minerals LP | 2.55% | 1,601,182 | $23.4M | Add +18.1% |
| RTX RTX Corp. | 2.53% | 200,571 | $23.2M | Reduce -0.2% |
| LMT Lockheed Martin Corp. | 2.49% | 47,059 | $22.9M | Add +0.3% |
| LVS Las Vegas Sands Corp. | 2.26% | 403,657 | $20.7M | Reduce -0.3% |
| FTRE Fortrea Holdings Inc. | 2.25% | 1,106,080 | $20.6M | Add +0.8% |
| BMY Bristol-Myers Squibb Co. | 2.21% | 357,829 | $20.2M | Add +0.0% |
| ROIV Roivant Sciences Ltd. | 2.13% | 1,649,026 | $19.5M | Add +1.0% |
| MTCH Match Group Inc. | 1.71% | 478,913 | $15.7M | Add +1.8% |
| SIRI Sirius XM Holdings Inc. | 1.65% | 664,837 | $15.2M | Reduce -2.3% |
| MSFT Microsoft Corp. | 1.33% | 28,969 | $12.2M | Add +3.9% |
| WM Waste Management Inc. | 1.26% | 57,480 | $11.6M | Reduce -0.9% |
| XYL Xylem Inc. | 1.23% | 96,919 | $11.2M | Reduce -0.1% |
| ACN Accenture PLC Class A | 1.00% | 25,959 | $9.1M | Reduce -0.2% |
| TXN Texas Instruments Inc. | 0.85% | 41,662 | $7.8M | Reduce -0.3% |
| MCD McDonald's Corp. | 0.67% | 21,213 | $6.1M | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.65% | 41,456 | $6.0M | Reduce -1.3% |
| ABBV Abbvie Inc. | 0.59% | 30,644 | $5.4M | Reduce -1.0% |
| KO The Coca-Cola Co. | 0.57% | 84,488 | $5.3M | Reduce -1.4% |
| AMGN Amgen Inc. | 0.54% | 19,028 | $5.0M | Reduce -0.6% |
| NKE Nike Inc. Class B | 0.51% | 61,852 | $4.7M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 0.49% | 26,628 | $4.5M | Reduce -1.1% |
| PEP Pepsico Inc. | 0.47% | 28,513 | $4.3M | Reduce -0.0% |
| UPS United Parcel Service Class B | 0.45% | 32,574 | $4.1M | Reduce -1.4% |
| MTD Mettler-Toledo International | 0.43% | 3,236 | $4.0M | No change |
| DESP Despegar.com Corp. | 0.42% | 198,500 | $3.8M | No change |
| VZ Verizon Communications Inc. | 0.39% | 90,517 | $3.6M | Reduce -1.6% |
| ABT Abbott Laboratories | 0.39% | 31,325 | $3.5M | Reduce -1.4% |
| AXP American Express Co. | 0.34% | 10,602 | $3.1M | Reduce -2.3% |
| CL Colgate-Palmolive Co. | 0.30% | 30,280 | $2.8M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 0.29% | 12,245 | $2.7M | Add +28.8% |
| ALLY Ally Financial Inc. | 0.29% | 74,455 | $2.7M | Reduce -1.9% |
| USPH U.S. Physical Therapy Inc. | 0.29% | 30,089 | $2.7M | Reduce -0.2% |
| PFE Pfizer Inc. | 0.29% | 100,460 | $2.7M | Reduce -1.4% |
| HON Honeywell International Inc. | 0.29% | 11,636 | $2.6M | Add +2.0% |
| SBUX Starbucks Corp. | 0.28% | 28,444 | $2.6M | Reduce -0.5% |
| LLY Eli Lilly & Co. | 0.23% | 2,750 | $2.1M | Add +21.4% |
| GLD SPDR Gold Shares | 0.22% | 8,243 | $2.0M | No change |
| BDX Becton Dickinson and Co. | 0.20% | 8,194 | $1.9M | Reduce -3.2% |
| EBAY eBay Inc. | 0.20% | 29,806 | $1.8M | No change |
| KMB Kimberly-Clark Corp. | 0.20% | 13,767 | $1.8M | Reduce -0.4% |
| MTDR Matador Resources Co. | 0.18% | 30,000 | $1.7M | No change |
| CSCO Cisco Systems Inc. | 0.13% | 20,794 | $1.2M | Reduce -0.9% |
| XOM Exxon Mobil Corp. | 0.13% | 11,278 | $1.2M | Reduce -4.9% |
| V Visa Inc. Class A | 0.12% | 3,410 | $1.1M | Reduce -1.9% |
| VOO Vanguard S&P 500 ETF | 0.09% | 1,560 | $841K | No change |
| PAYX Paychex Inc. | 0.09% | 5,881 | $825K | No change |
| FCFS Firstcash Holdings Inc. | 0.08% | 7,420 | $769K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.07% | 1 | $681K | No change |
| TSLA Tesla Inc. | 0.07% | 1,590 | $642K | No change |
| JPM JPMorgan Chase & Co. | 0.07% | 2,580 | $618K | Add +8.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 1,013 | $593K | Add +0.1% |
| CAT Caterpillar Inc. | 0.06% | 1,600 | $580K | New |
| META Meta Platforms Inc. Class A | 0.06% | 955 | $559K | New |
| MA Mastercard Inc. Class A | 0.06% | 972 | $512K | Reduce -1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 997 | $452K | Reduce -0.4% |
| HD Home Depot Inc. | 0.04% | 1,048 | $408K | No change |
| DMLP Dorchester Minerals LP | 0.04% | 11,665 | $389K | Reduce -61.0% |
| IDXX Idexx Laboratories Inc. | 0.04% | 800 | $331K | No change |
| ITOT iShares Core S&P Total U.S. | 0.04% | 2,500 | $322K | Reduce -16.7% |
| TOST Toast Inc. Class A | 0.03% | 7,500 | $273K | No change |
| WMT Walmart Inc. | 0.03% | 2,720 | $246K | New |
| NFLX Netflix Inc. | 0.03% | 265 | $236K | New |
| GSLC Goldman Activebeta US LC ETF | 0.03% | 2,000 | $230K | No change |
| TRV The Travelers Cos Inc. | 0.02% | 933 | $225K | No change |
| AVGO Broadcom Inc. | 0.02% | 955 | $221K | New |
| ORCL Oracle Corp. | 0.02% | 1,290 | $215K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.02% | 1,921 | $214K | New |
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: $918.8M.
Portfolio Sells Q3 2024 → Q4 2024
| QCOM Qualcomm Inc. | Reduce -0.0% | 3.21% | −0.46 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.32 |
| SHEL Shell PLC-ADR | Reduce -0.1% | 3.45% | −0.31 |
| XYL Xylem Inc. | Reduce -0.1% | 1.23% | −0.25 |
| RTX RTX Corp. | Reduce -0.2% | 2.53% | −0.21 |
| CHKP Check Point Software Tech | Reduce -0.0% | 2.55% | −0.17 |
| SIRI Sirius XM Holdings Inc. | Reduce -2.3% | 1.65% | −0.16 |
| AMGN Amgen Inc. | Reduce -0.6% | 0.54% | −0.15 |
| KO The Coca-Cola Co. | Reduce -1.4% | 0.57% | −0.12 |
| TXN Texas Instruments Inc. | Reduce -0.3% | 0.85% | −0.12 |
| JNJ Johnson & Johnson | Reduce -1.3% | 0.65% | −0.11 |
| NKE Nike Inc. Class B | Reduce -0.3% | 0.51% | −0.11 |
| ABBV Abbvie Inc. | Reduce -1.0% | 0.59% | −0.09 |
| WM Waste Management Inc. | Reduce -0.9% | 1.26% | −0.09 |
| PEP Pepsico Inc. | Reduce -0.0% | 0.47% | −0.07 |
| VZ Verizon Communications Inc. | Reduce -1.6% | 0.39% | −0.07 |
| UPS United Parcel Service Class B | Reduce -1.4% | 0.45% | −0.06 |
| DMLP Dorchester Minerals LP | Reduce -61.0% | 0.04% | −0.06 |
| MCD McDonald's Corp. | Reduce -0.2% | 0.67% | −0.06 |
| CL Colgate-Palmolive Co. | Reduce -1.1% | 0.30% | −0.06 |
| PFE Pfizer Inc. | Reduce -1.4% | 0.29% | −0.04 |
| ACN Accenture PLC Class A | Reduce -0.2% | 1.00% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -1.1% | 0.49% | −0.04 |
| LVS Las Vegas Sands Corp. | Reduce -0.3% | 2.26% | −0.04 |
| SBUX Starbucks Corp. | Reduce -0.5% | 0.28% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -3.2% | 0.20% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -0.4% | 0.20% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -4.9% | 0.13% | −0.02 |
| ABT Abbott Laboratories | Reduce -1.4% | 0.39% | −0.02 |
| ALLY Ally Financial Inc. | Reduce -1.9% | 0.29% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -16.7% | 0.04% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.4% | 0.05% | −0.00 |
| LEMIF Leading Edge Materials Corp. | Sold out | 0.00% | −0.00 |
| MA Mastercard Inc. Class A | Reduce -1.9% | 0.06% | +0.00 |
| USPH U.S. Physical Therapy Inc. | Reduce -0.2% | 0.29% | +0.00 |
| CSCO Cisco Systems Inc. | Reduce -0.9% | 0.13% | +0.01 |
| V Visa Inc. Class A | Reduce -1.9% | 0.12% | +0.01 |
| AXP American Express Co. | Reduce -2.3% | 0.34% | +0.01 |
| EPD Enterprise Products Partners | Reduce -0.6% | 4.07% | +0.14 |
| SFM Sprouts Farmers Market Inc. | Reduce -4.0% | 4.50% | +0.29 |
| PYPL PayPal Holdings Inc. | Reduce -0.3% | 5.80% | +0.31 |
| NVDA Nvidia Corp. | Reduce -0.1% | 8.75% | +0.57 |
| KMI Kinder Morgan Inc. | Reduce -0.2% | 5.36% | +0.88 |
Portfolio Buys Q3 2024 → Q4 2024
| GOOG Alphabet Inc. Class C | Add +0.2% | 10.24% | +0.97 |
| GOOGL Alphabet Inc. Class A | Add +0.7% | 3.57% | +0.36 |
| BSM Black Stone Minerals LP | Add +18.1% | 2.55% | +0.24 |
| AAPL Apple Inc. | Add +0.3% | 5.09% | +0.21 |
| BMY Bristol-Myers Squibb Co. | Add +0.0% | 2.21% | +0.12 |
| AMZN Amazon.com Inc. | Add +28.8% | 0.29% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +21.8% | 3.72% | +0.07 |
| CAT Caterpillar Inc. | New | 0.06% | +0.06 |
| META Meta Platforms Inc. Class A | New | 0.06% | +0.06 |
| WMT Walmart Inc. | New | 0.03% | +0.03 |
| NFLX Netflix Inc. | New | 0.03% | +0.03 |
| AVGO Broadcom Inc. | New | 0.02% | +0.02 |
| DIS The Walt Disney Co. | New | 0.02% | +0.02 |
| HON Honeywell International Inc. | Add +2.0% | 0.29% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +8.7% | 0.07% | +0.01 |
| LLY Eli Lilly & Co. | Add +21.4% | 0.23% | +0.01 |
| ROIV Roivant Sciences Ltd. | Add +1.0% | 2.13% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 0.06% | −0.00 |
| MSFT Microsoft Corp. | Add +3.9% | 1.33% | −0.02 |
| BUD Anheuser-Busch Inbev-SPN ADR | Add +34.0% | 2.55% | −0.05 |
| FTRE Fortrea Holdings Inc. | Add +0.8% | 2.25% | −0.22 |
| MTCH Match Group Inc. | Add +1.8% | 1.71% | −0.30 |
| LMT Lockheed Martin Corp. | Add +0.3% | 2.49% | −0.60 |
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 |