Petrus Trust Company, LTA
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Petrus Trust Company, LTA reported 26 stock positions worth $988.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 21.9% of the portfolio, followed by Microsoft (MSFT, 7.3%) and Corpay (CPAY, 7.2%). Compared with Q3 2025, it opened 3 new positions, sold out of 141, added to 12 and reduced 5. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +16%) and the biggest sale Kenvue (KVUE, shares −68%).
- Most Recent 13F
- Q2 2026
- Location
- Dallas, TX
- CIK
- 0001473429
- Portfolio Value
- $988.7M (Q4 2025)
- SEC Filing
- 0001193125-26-053574 ↗ filed Feb 17, 2026
Holdings Value
Holdings 26 stocks · $988.7M
| SPY SS SPDR S&P 500 ETF Trust-US | 21.89% | 317,319 | $216.4M | Add +16.3% |
| MSFT Microsoft Corp. | 7.33% | 149,862 | $72.5M | Add +0.1% |
| CPAY Corpay Inc. | 7.22% | 237,197 | $71.4M | Add +7.6% |
| AMZN Amazon.com Inc. | 7.18% | 307,567 | $71.0M | Add +15.7% |
| AON Aon PLC Class A | 5.14% | 144,000 | $50.8M | Add +5.5% |
| CSGP Costar Group Inc. | 4.28% | 629,198 | $42.3M | Add +87.0% |
| MA Mastercard Inc. Class A | 3.89% | 67,323 | $38.4M | Reduce -0.4% |
| SAP Sap SE-Sponsored ADR | 3.75% | 152,542 | $37.1M | Add +11.4% |
| CRM Salesforce Inc. | 3.57% | 133,123 | $35.3M | Reduce -12.5% |
| MSCI MSCI Inc. | 3.49% | 60,086 | $34.5M | Add +6.5% |
| TSM Taiwan Semiconductor-SP ADR | 3.31% | 107,631 | $32.7M | Add +45.3% |
| FICO Fair Isaac Corp. | 3.29% | 19,250 | $32.5M | Add +22.6% |
| AZO AutoZone Inc. | 3.16% | 9,220 | $31.3M | Add +6.6% |
| GOOG Alphabet Inc. Class C | 3.02% | 95,290 | $29.9M | No change |
| WDAY Workday Inc. Class A | 2.93% | 134,994 | $29.0M | Reduce -19.9% |
| PGR Progressive Corp. | 2.53% | 110,000 | $25.0M | Add +29.4% |
| RSP Invesco S&P 500 Equal Weight | 2.34% | 120,850 | $23.2M | No change |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.25% | 202,029 | $22.3M | No change |
| KMB Kimberly-Clark Corp. | 1.87% | 182,845 | $18.4M | New |
| LKQ LKQ Corp. | 1.59% | 520,000 | $15.7M | New |
| PACK Ranpak Holdings Corp. | 1.57% | 2,866,356 | $15.5M | No change |
| V Visa Inc. Class A | 1.40% | 39,600 | $13.9M | New |
| KVUE Kenvue Inc. | 1.05% | 599,912 | $10.3M | Reduce -67.6% |
| GDRX Goodrx Holdings Inc. Class A | 0.85% | 3,098,559 | $8.4M | No change |
| GOOGL Alphabet Inc. Class A | 0.75% | 23,668 | $7.4M | Reduce -2.2% |
| KLAR Klarna Group PLC | 0.36% | 121,980 | $3.5M | No change |
Portfolio Sells Q3 2025 → Q4 2025
| KVUE Kenvue Inc. | Reduce -67.6% | 1.05% | −2.24 |
| WDAY Workday Inc. Class A | Reduce -19.9% | 2.93% | −1.51 |
| CRM Salesforce Inc. | Reduce -12.5% | 3.57% | −0.38 |
| MA Mastercard Inc. Class A | Reduce -0.4% | 3.89% | −0.32 |
| ALLY Ally Financial Inc. | Sold out | 0.00% | −0.04 |
| VAC Marriott Vacations World | Sold out | 0.00% | −0.04 |
| KRT Karat Packaging Inc. | Sold out | 0.00% | −0.04 |
| PARR Par Pacific Holdings Inc. | Sold out | 0.00% | −0.04 |
| NTB Bank of N.T. Butterfield&son | Sold out | 0.00% | −0.04 |
| SPOK Spok Holdings Inc. | Sold out | 0.00% | −0.04 |
| MIDD Middleby Corp. | Sold out | 0.00% | −0.04 |
| GNTX Gentex Corp. | Sold out | 0.00% | −0.04 |
| AMRX Amneal Pharmaceuticals Inc. | Sold out | 0.00% | −0.04 |
| LEA Lear Corp. | Sold out | 0.00% | −0.04 |
| EBF Ennis Inc. | Sold out | 0.00% | −0.04 |
| ESTC Elastic NV | Sold out | 0.00% | −0.04 |
| LFUS Littelfuse Inc. | Sold out | 0.00% | −0.04 |
| JAZZ Jazz Pharmaceuticals PLC | Sold out | 0.00% | −0.03 |
| JJSF J & J Snack Foods Corp. | Sold out | 0.00% | −0.03 |
| DV Doubleverify Holdings Inc. | Sold out | 0.00% | −0.03 |
| XRAY Dentsply Sirona Inc. | Sold out | 0.00% | −0.03 |
| INVA Innoviva Inc. | Sold out | 0.00% | −0.03 |
| ICHR Ichor Holdings Ltd. | Sold out | 0.00% | −0.03 |
| FORR Forrester Research Inc. | Sold out | 0.00% | −0.03 |
| IOSP Innospec Inc. | Sold out | 0.00% | −0.03 |
| MTRN Materion Corp. | Sold out | 0.00% | −0.03 |
| WKC World Kinect Corp. | Sold out | 0.00% | −0.03 |
| YELP Yelp Inc. | Sold out | 0.00% | −0.03 |
| IGIC International General Insura | Sold out | 0.00% | −0.03 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.03 |
| GMED Globus Medical Inc. Class A | Sold out | 0.00% | −0.03 |
| PSX Phillips 66 | Sold out | 0.00% | −0.03 |
| CMCO Columbus McKinnon Corp. | Sold out | 0.00% | −0.03 |
| HAE Haemonetics Corp. | Sold out | 0.00% | −0.03 |
| G Genpact Ltd. | Sold out | 0.00% | −0.03 |
| BCO The Brink's Co. | Sold out | 0.00% | −0.03 |
| ADNT Adient PLC | Sold out | 0.00% | −0.03 |
| HSIC Henry Schein Inc. | Sold out | 0.00% | −0.03 |
| ALG Alamo Group Inc. | Sold out | 0.00% | −0.03 |
| WAY Waystar Holding Corp. | Sold out | 0.00% | −0.03 |
| SLP Simulations Plus Inc. | Sold out | 0.00% | −0.03 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.03 |
| SONO Sonos Inc. | Sold out | 0.00% | −0.03 |
| PBF PBF Energy Inc. Class A | Sold out | 0.00% | −0.03 |
| TPC Tutor Perini Corp. | Sold out | 0.00% | −0.03 |
| LZB La-Z-Boy Inc. | Sold out | 0.00% | −0.03 |
| ADT Adt Inc. | Sold out | 0.00% | −0.03 |
| TENB Tenable Holdings Inc. | Sold out | 0.00% | −0.03 |
| SIGA Siga Technologies Inc. | Sold out | 0.00% | −0.03 |
| CXM Sprinklr Inc. Class A | Sold out | 0.00% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Add +16.3% | 21.89% | +1.97 |
| KMB Kimberly-Clark Corp. | New | 1.87% | +1.87 |
| LKQ LKQ Corp. | New | 1.59% | +1.59 |
| V Visa Inc. Class A | New | 1.40% | +1.40 |
| CSGP Costar Group Inc. | Add +87.0% | 4.28% | +1.17 |
| TSM Taiwan Semiconductor-SP ADR | Add +45.3% | 3.31% | +1.04 |
| AMZN Amazon.com Inc. | Add +15.7% | 7.18% | +0.78 |
| FICO Fair Isaac Corp. | Add +22.6% | 3.29% | +0.72 |
| CPAY Corpay Inc. | Add +7.6% | 7.22% | +0.26 |
| PGR Progressive Corp. | Add +29.4% | 2.53% | +0.23 |
| MSCI MSCI Inc. | Add +6.5% | 3.49% | −0.02 |
| AON Aon PLC Class A | Add +5.5% | 5.14% | −0.19 |
| SAP Sap SE-Sponsored ADR | Add +11.4% | 3.75% | −0.26 |
| AZO AutoZone Inc. | Add +6.6% | 3.16% | −0.90 |
| MSFT Microsoft Corp. | Add +0.1% | 7.33% | −1.17 |
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 |