Petrus Trust Company, LTA
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Petrus Trust Company, LTA reported 164 stock positions worth $912.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 19.9% of the portfolio, followed by Microsoft (MSFT, 8.5%) and Corpay (CPAY, 7.0%). Compared with Q2 2025, it opened 56 new positions, sold out of 391, added to 16 and reduced 81. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +26%) and the biggest sale an exit from Enterprise Products Partners (EPD).
- Most Recent 13F
- Q2 2026
- Location
- Dallas, TX
- CIK
- 0001473429
- Portfolio Value
- $912.7M (Q3 2025)
- SEC Filing
- 0001193125-25-282102 ↗ filed Nov 14, 2025
Holdings Value
Holdings 164 stocks · $912.7M
| SPY SS SPDR S&P 500 ETF Trust-US | 19.91% | 272,819 | $181.7M | Add +25.5% |
| MSFT Microsoft Corp. | 8.50% | 149,740 | $77.6M | Add +0.2% |
| CPAY Corpay Inc. | 6.96% | 220,459 | $63.5M | Add +6.5% |
| AMZN Amazon.com Inc. | 6.40% | 265,871 | $58.4M | Reduce -17.1% |
| AON Aon PLC Class A | 5.33% | 136,513 | $48.7M | Add +14.2% |
| WDAY Workday Inc. Class A | 4.45% | 168,556 | $40.6M | Reduce -5.7% |
| MA Mastercard Inc. Class A | 4.21% | 67,577 | $38.4M | Reduce -1.2% |
| AZO AutoZone Inc. | 4.07% | 8,650 | $37.1M | Reduce -6.1% |
| SAP Sap SE-Sponsored ADR | 4.01% | 136,942 | $36.6M | Add +59.3% |
| CRM Salesforce Inc. | 3.95% | 152,116 | $36.1M | Add +19.0% |
| MSCI MSCI Inc. | 3.51% | 56,436 | $32.0M | Reduce -1.3% |
| KVUE Kenvue Inc. | 3.29% | 1,849,912 | $30.0M | Add +47.9% |
| CSGP Costar Group Inc. | 3.11% | 336,547 | $28.4M | Add +2.9% |
| FICO Fair Isaac Corp. | 2.58% | 15,704 | $23.5M | New |
| GOOG Alphabet Inc. Class C | 2.54% | 95,290 | $23.2M | Reduce -31.8% |
| RSP Invesco S&P 500 Equal Weight | 2.51% | 120,850 | $22.9M | Add +7.8% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.47% | 202,029 | $22.5M | Add +7.8% |
| PGR Progressive Corp. | 2.30% | 85,000 | $21.0M | Add +13.3% |
| TSM Taiwan Semiconductor-SP ADR | 2.27% | 74,100 | $20.7M | New |
| PACK Ranpak Holdings Corp. | 1.76% | 2,866,356 | $16.1M | No change |
| GDRX Goodrx Holdings Inc. Class A | 1.44% | 3,098,559 | $13.1M | No change |
| GOOGL Alphabet Inc. Class A | 0.64% | 24,208 | $5.9M | Reduce -13.8% |
| KLAR Klarna Group PLC | 0.49% | 121,980 | $4.5M | New |
| ALLY Ally Financial Inc. | 0.04% | 10,267 | $402K | New |
| VAC Marriott Vacations World | 0.04% | 5,972 | $397K | No change |
| KRT Karat Packaging Inc. | 0.04% | 15,108 | $381K | New |
| PARR Par Pacific Holdings Inc. | 0.04% | 10,752 | $381K | Reduce -52.4% |
| NTB Bank of N.T. Butterfield&son | 0.04% | 8,756 | $376K | Reduce -11.9% |
| SPOK Spok Holdings Inc. filed as SPOK HLDGS INC | 0.04% | 21,667 | $374K | New |
| MIDD Middleby Corp. | 0.04% | 2,795 | $372K | No change |
| GNTX Gentex Corp. | 0.04% | 12,765 | $361K | Reduce -59.7% |
| AMRX Amneal Pharmaceuticals Inc. | 0.04% | 35,962 | $360K | Reduce -53.4% |
| LEA Lear Corp. | 0.04% | 3,477 | $350K | New |
| ESTC Elastic NV | 0.04% | 4,039 | $341K | Reduce -59.6% |
| EBF Ennis Inc. | 0.04% | 18,661 | $341K | Reduce -14.5% |
| LFUS Littelfuse Inc. | 0.04% | 1,244 | $322K | Add +2.5% |
| JAZZ Jazz Pharmaceuticals PLC | 0.03% | 2,380 | $314K | Add +24.7% |
| JJSF J & J Snack Foods Corp. | 0.03% | 3,147 | $302K | Reduce -18.9% |
| DV Doubleverify Holdings Inc. | 0.03% | 25,165 | $301K | Reduce -39.9% |
| XRAY Dentsply Sirona Inc. | 0.03% | 23,269 | $295K | New |
| INVA Innoviva Inc. | 0.03% | 16,151 | $295K | Add +42.4% |
| ICHR Ichor Holdings Ltd. | 0.03% | 16,675 | $292K | New |
| FORR Forrester Research Inc. | 0.03% | 27,441 | $291K | Reduce -12.5% |
| IOSP Innospec Inc. | 0.03% | 3,738 | $288K | Reduce -39.1% |
| MTRN Materion Corp. | 0.03% | 2,368 | $286K | Reduce -72.3% |
| WKC World Kinect Corp. | 0.03% | 10,792 | $280K | Reduce -35.3% |
| YELP Yelp Inc. | 0.03% | 8,952 | $279K | Reduce -51.7% |
| IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L | 0.03% | 11,935 | $277K | Reduce -40.1% |
| CTRA Coterra Energy Inc. | 0.03% | 11,648 | $275K | New |
| PSX Phillips 66 | 0.03% | 1,994 | $271K | New |
| GMED Globus Medical Inc. Class A | 0.03% | 4,727 | $271K | Add +22.9% |
| CMCO Columbus McKinnon Corp. | 0.03% | 18,700 | $268K | Reduce -18.3% |
| HAE Haemonetics Corp. | 0.03% | 5,441 | $265K | New |
| G Genpact Ltd. | 0.03% | 6,296 | $264K | Reduce -64.9% |
| BCO The Brink's Co. | 0.03% | 2,245 | $262K | Reduce -46.0% |
| ADNT Adient PLC | 0.03% | 10,878 | $262K | Reduce -62.6% |
| HSIC Henry Schein Inc. | 0.03% | 3,906 | $259K | No change |
| ALG Alamo Group Inc. | 0.03% | 1,352 | $258K | New |
| WAY Waystar Holding Corp. | 0.03% | 6,765 | $257K | Reduce -23.2% |
| SLP Simulations Plus Inc. | 0.03% | 16,980 | $256K | New |
| DG Dollar General Corp. | 0.03% | 2,465 | $255K | Reduce -30.1% |
| SONO Sonos Inc. | 0.03% | 16,004 | $253K | Reduce -77.0% |
| PBF PBF Energy Inc. Class A | 0.03% | 8,322 | $251K | New |
| TPC Tutor Perini Corp. | 0.03% | 3,783 | $248K | New |
| LZB La-Z-Boy Inc. | 0.03% | 7,197 | $247K | Reduce -58.5% |
| TENB Tenable Holdings Inc. | 0.03% | 8,408 | $245K | Reduce -60.1% |
| ADT Adt Inc. | 0.03% | 28,141 | $245K | Reduce -58.4% |
| SIGA Siga Technologies Inc. | 0.03% | 26,414 | $242K | New |
| CXM Sprinklr Inc. Class A | 0.03% | 31,208 | $241K | New |
| NDAQ Nasdaq Inc. | 0.03% | 2,711 | $240K | New |
| HNI Hni Corp. | 0.03% | 5,110 | $239K | Reduce -22.6% |
| NFLX Netflix Inc. | 0.03% | 199 | $239K | New |
| CTRN Citi Trends Inc. | 0.03% | 7,687 | $239K | Reduce -47.9% |
| REAL BROKERAGE INC/THE filed as THE REAL BROKERAGE INC | 0.03% | 56,760 | $237K | Reduce -19.9% |
| TTEK Tetra Tech Inc. | 0.03% | 7,093 | $237K | Reduce -38.0% |
| CPRT Copart Inc. | 0.03% | 5,243 | $236K | Reduce -23.0% |
| LIVN Livanova PLC | 0.03% | 4,484 | $235K | Reduce -69.2% |
| XMTR Xometry Inc. Class A | 0.03% | 4,306 | $235K | Reduce -55.7% |
| RRR Red Rock Resorts Inc. Class A | 0.03% | 3,840 | $234K | New |
| ATR Aptargroup Inc. | 0.03% | 1,751 | $234K | New |
| GSL Global Ship Lease Inc. Class A | 0.03% | 7,618 | $234K | New |
| KDP Keurig Dr Pepper Inc. | 0.03% | 9,147 | $233K | Reduce -15.3% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.03% | 3,763 | $232K | New |
| KELYA Kelly Services Inc. Class A | 0.03% | 17,491 | $229K | Reduce -52.2% |
| RGR Sturm Ruger & Co. Inc. | 0.03% | 5,271 | $229K | New |
| FLNG Flex LNG Ltd. | 0.02% | 9,032 | $228K | Reduce -34.8% |
| DPZ Domino's Pizza Inc. | 0.02% | 527 | $228K | Reduce -45.1% |
| AD Array Digital Infrastructure | 0.02% | 4,548 | $227K | New |
| DOV Dover Corp. | 0.02% | 1,345 | $224K | New |
| VIAV Viavi Solutions Inc. | 0.02% | 17,394 | $221K | Reduce -78.4% |
| MAT Mattel Inc. | 0.02% | 12,958 | $218K | New |
| SWBI Smith & Wesson Brands Inc. | 0.02% | 22,167 | $218K | New |
| SEMR Semrush Holdings Inc. Class A | 0.02% | 30,449 | $216K | Reduce -58.3% |
| ICFI Icf International Inc. | 0.02% | 2,317 | $215K | Reduce -69.2% |
| BLBD Blue Bird Corp. | 0.02% | 3,704 | $213K | New |
| LASR Nlight Inc. | 0.02% | 7,179 | $213K | Reduce -52.6% |
| GDEN Golden Entertainment Inc. | 0.02% | 8,971 | $212K | Reduce -11.7% |
| HRMY Harmony Biosciences Holdings | 0.02% | 7,636 | $210K | Reduce -53.4% |
| ADSK Autodesk Inc. | 0.02% | 657 | $209K | Reduce -38.5% |
| WMG Warner Music Group Corp. Class A | 0.02% | 6,110 | $208K | Reduce -53.5% |
Portfolio Sells Q2 2025 → Q3 2025
| EPD Enterprise Products Partners | Sold out | 0.00% | −1.71 |
| AMZN Amazon.com Inc. | Reduce -17.1% | 6.40% | −0.91 |
| SFL SFL Corp. Ltd. | Sold out | 0.00% | −0.09 |
| VNOM Viper Energy Inc. | Sold out | 0.00% | −0.08 |
| CNC Centene Corp. | Sold out | 0.00% | −0.08 |
| OFIX Orthofix Medical Inc. | Sold out | 0.00% | −0.08 |
| RBRK Rubrik Inc. Class A | Sold out | 0.00% | −0.08 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.08 |
| GRND Grindr Inc. | Sold out | 0.00% | −0.08 |
| NTAP Netapp Inc. | Sold out | 0.00% | −0.08 |
| MORN Morningstar Inc. | Sold out | 0.00% | −0.08 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.08 |
| MTX Minerals Technologies Inc. | Sold out | 0.00% | −0.08 |
| KTB Kontoor Brands Inc. | Sold out | 0.00% | −0.08 |
| POST Post Holdings Inc. | Sold out | 0.00% | −0.08 |
| CARG Cargurus Inc. | Sold out | 0.00% | −0.07 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −0.07 |
| NVGS Navigator Holdings Ltd. | Sold out | 0.00% | −0.07 |
| AGO Assured Guaranty Ltd. | Sold out | 0.00% | −0.07 |
| NMRK Newmark Group Inc. Class A | Sold out | 0.00% | −0.07 |
| EE Excelerate Energy Inc. Class A | Sold out | 0.00% | −0.07 |
| JAMF Jamf Holding Corp. | Sold out | 0.00% | −0.07 |
| PPLI People Inc. | Sold out | 0.00% | −0.07 |
| HI Hillenbrand Inc. | Sold out | 0.00% | −0.07 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.07 |
| ICUI Icu Medical Inc. | Sold out | 0.00% | −0.07 |
| BWA Borgwarner Inc. | Sold out | 0.00% | −0.07 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.07 |
| KNTK Kinetik Holdings Inc. | Sold out | 0.00% | −0.06 |
| WK Workiva Inc. | Sold out | 0.00% | −0.06 |
| ALB Albemarle Corp. | Sold out | 0.00% | −0.06 |
| APEI American Public Education | Sold out | 0.00% | −0.06 |
| P Everpure Inc. Class A | Sold out | 0.00% | −0.06 |
| CLBT Cellebrite Di Ltd. | Sold out | 0.00% | −0.06 |
| OC Owens Corning | Sold out | 0.00% | −0.06 |
| EXLS Exlservice Holdings Inc. | Sold out | 0.00% | −0.06 |
| FCFS Firstcash Holdings Inc. | Sold out | 0.00% | −0.06 |
| SSD Simpson Manufacturing Co. Inc. | Sold out | 0.00% | −0.06 |
| NEOG Neogen Corp. | Sold out | 0.00% | −0.06 |
| ITGR Integer Holdings Corp. | Sold out | 0.00% | −0.06 |
| CASY Casey's General Stores Inc. | Sold out | 0.00% | −0.06 |
| SCI Service Corp. International | Sold out | 0.00% | −0.06 |
| VIAV Viavi Solutions Inc. | Reduce -78.4% | 0.02% | −0.06 |
| ALGT Allegiant Travel Co. | Sold out | 0.00% | −0.06 |
| TSN Tyson Foods Inc. Class A | Sold out | 0.00% | −0.06 |
| NTNX Nutanix Inc. Class A | Sold out | 0.00% | −0.06 |
| MCW Mister Car Wash Inc. | Sold out | 0.00% | −0.06 |
| IOT Samsara Inc. Class A | Sold out | 0.00% | −0.06 |
| SPSC SPS Commerce Inc. | Sold out | 0.00% | −0.06 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.06 |
Portfolio Buys Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Add +25.5% | 19.91% | +5.98 |
| FICO Fair Isaac Corp. | New | 2.58% | +2.58 |
| TSM Taiwan Semiconductor-SP ADR | New | 2.27% | +2.27 |
| SAP Sap SE-Sponsored ADR | Add +59.3% | 4.01% | +1.30 |
| AON Aon PLC Class A | Add +14.2% | 5.33% | +0.91 |
| MSFT Microsoft Corp. | Add +0.2% | 8.50% | +0.78 |
| KVUE Kenvue Inc. | Add +47.9% | 3.29% | +0.57 |
| KLAR Klarna Group PLC | New | 0.49% | +0.49 |
| RSP Invesco S&P 500 Equal Weight | Add +7.8% | 2.51% | +0.40 |
| CSGP Costar Group Inc. | Add +2.9% | 3.11% | +0.38 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +7.8% | 2.47% | +0.34 |
| CRM Salesforce Inc. | Add +19.0% | 3.95% | +0.33 |
| PGR Progressive Corp. | Add +13.3% | 2.30% | +0.22 |
| ALLY Ally Financial Inc. | New | 0.04% | +0.04 |
| KRT Karat Packaging Inc. | New | 0.04% | +0.04 |
| SPOK Spok Holdings Inc. | New | 0.04% | +0.04 |
| LEA Lear Corp. | New | 0.04% | +0.04 |
| XRAY Dentsply Sirona Inc. | New | 0.03% | +0.03 |
| ICHR Ichor Holdings Ltd. | New | 0.03% | +0.03 |
| CTRA Coterra Energy Inc. | New | 0.03% | +0.03 |
| PSX Phillips 66 | New | 0.03% | +0.03 |
| HAE Haemonetics Corp. | New | 0.03% | +0.03 |
| ALG Alamo Group Inc. | New | 0.03% | +0.03 |
| SLP Simulations Plus Inc. | New | 0.03% | +0.03 |
| PBF PBF Energy Inc. Class A | New | 0.03% | +0.03 |
| TPC Tutor Perini Corp. | New | 0.03% | +0.03 |
| SIGA Siga Technologies Inc. | New | 0.03% | +0.03 |
| CXM Sprinklr Inc. Class A | New | 0.03% | +0.03 |
| NDAQ Nasdaq Inc. | New | 0.03% | +0.03 |
| NFLX Netflix Inc. | New | 0.03% | +0.03 |
| RRR Red Rock Resorts Inc. Class A | New | 0.03% | +0.03 |
| ATR Aptargroup Inc. | New | 0.03% | +0.03 |
| GSL Global Ship Lease Inc. Class A | New | 0.03% | +0.03 |
| IFF Intl Flavors & Fragrances | New | 0.03% | +0.03 |
| RGR Sturm Ruger & Co. Inc. | New | 0.03% | +0.03 |
| AD Array Digital Infrastructure | New | 0.02% | +0.02 |
| DOV Dover Corp. | New | 0.02% | +0.02 |
| MAT Mattel Inc. | New | 0.02% | +0.02 |
| SWBI Smith & Wesson Brands Inc. | New | 0.02% | +0.02 |
| BLBD Blue Bird Corp. | New | 0.02% | +0.02 |
| AGCO Agco Corp. | New | 0.02% | +0.02 |
| CPNG Coupang Inc. | New | 0.02% | +0.02 |
| KR Kroger Co. | New | 0.02% | +0.02 |
| GAP The Gap Inc. | New | 0.02% | +0.02 |
| XERS Xeris Biopharma Holdings Inc. | New | 0.02% | +0.02 |
| WEN The Wendy's Co. | New | 0.02% | +0.02 |
| TDUP Thredup Inc. Class A | New | 0.02% | +0.02 |
| MXL Maxlinear Inc. | New | 0.02% | +0.02 |
| ERII Energy Recovery Inc. | New | 0.02% | +0.02 |
| AVDL Avadel Pharmaceuticals Ltd. | New | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 27 | $1.1B | SPY, CPAY, TSM, AMZN, AON |
| Q1 2026 | 27 | $915.1M | SPY, CPAY, AMZN, MSFT, AON |
| Q4 2025 | 26 | $988.7M | SPY, MSFT, CPAY, AMZN, AON |
| Q3 2025 | 164 | $912.7M | SPY, MSFT, CPAY, AMZN, AON |
| Q2 2025 | 499 | $963.7M | SPY, MSFT, AMZN, CPAY, WDAY |
| Q1 2025 | 575 | $1.1B | SPY, CPAY, UNH, MSFT, AMZN |
| Q4 2024 | 572 | $1.0B | SPY, CPAY, AMZN, UNH, MSFT |
| Q3 2024 | 536 | $1.0B | SPY, CPAY, CRM, MSFT, AMZN |
| Q2 2024 | 576 | $1.1B | SPY, CPAY, CRM, UNH, MSFT |
| Q1 2024 | 610 | $1.1B | SPY, CRM, CPAY, MSFT, UNH |