Sather Financial Group Inc

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), Sather Financial Group Inc reported 106 stock positions worth $1.8 billion. Its top holding was Berkshire Hathaway Class B (BRK.B) at 10.4% of the portfolio, followed by Alphabet Class C (GOOG, 9.5%) and Arista Networks (ANET, 7.4%). Compared with Q2 2025, it opened 12 new positions, sold out of 17, added to 55 and reduced 21. The biggest buy was a new position in iShares U.S. Healthcare Prov (IHF) and the biggest sale S&P Global (SPGI, shares −24%).

Most Recent 13F
Q2 2026
Location
Victoria, TX
CIK
0001568540
Portfolio Value
$1.8B (Q3 2025)
SEC Filing
0002085853-25-000143 ↗ filed Oct 22, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.4B Q1 2024 Q2 2024: $1.4B Q2 2024 Q3 2024: $1.6B Q3 2024 Q4 2024: $1.6B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.7B Q2 2025 Q3 2025: $1.8B $1.8B Q3 2025 Q4 2025: $1.9B Q4 2025 Q1 2026: $1.6B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 106 stocks · $1.8B
BRK.B Berkshire Hathaway Inc. Class B 10.42% 381,278 $191.7M Add +0.4%
GOOG Alphabet Inc. Class C 9.46% 714,919 $174.1M Reduce -1.3%
ANET Arista Networks Inc. 7.37% 931,247 $135.7M Reduce -4.5%
MSFT Microsoft Corp. 6.47% 230,043 $119.2M Reduce -0.3%
BN Brookfield Corp. 5.31% 1,425,054 $97.7M Reduce -0.3%
V Visa Inc. Class A 4.11% 221,443 $75.6M Add +1.0%
MNST Monster Beverage Corp. 3.70% 1,012,237 $68.1M Add +0.3%
ROST Ross Stores Inc. 3.48% 420,740 $64.1M Add +0.1%
DG Dollar General Corp. 3.34% 594,176 $61.4M Add +1.7%
QCOM Qualcomm Inc. 3.26% 360,746 $60.0M Add +0.7%
MA Mastercard Inc. Class A 2.96% 95,851 $54.5M Reduce -0.0%
ADBE Adobe Inc. 2.95% 153,688 $54.2M Add +22.9%
MKL Markel Group Inc. 2.88% 27,754 $53.0M Add +4.8%
PYPL PayPal Holdings Inc. 2.84% 780,377 $52.3M Add +1.8%
PAYC Paycom Software Inc. 2.83% 249,995 $52.0M Add +3.1%
NKE Nike Inc. Class B 2.80% 739,873 $51.6M Add +10.5%
BA The Boeing Co. 2.77% 236,104 $51.0M Add +4.9%
NXPI NXP Semiconductors NV 2.55% 205,774 $46.9M Add +1.7%
IHF iShares U.S. Healthcare Prov 2.30% 858,012 $42.4M New
ACN Accenture PLC Class A 2.27% 169,347 $41.8M Add +24.0%
INTU Intuit Inc. 2.26% 60,934 $41.6M Reduce -1.8%
SPGI S&P Global Inc. 2.08% 78,719 $38.3M Reduce -23.9%
GE General Electric filed as GE AEROSPACE 1.75% 107,188 $32.2M Add +4.3%
BAM Brookfield Asset Mgmt-A 1.50% 484,556 $27.6M Add +0.2%
AZO AutoZone Inc. 1.42% 6,097 $26.2M Reduce -30.3%
UNP Union Pacific Corp. 1.32% 103,144 $24.4M Add +3.5%
K Kellanova 0.86% 193,433 $15.9M New
BF.B Brown-Forman Corp. Class B 0.72% 489,802 $13.3M Reduce -14.7%
UNH Unitedhealth Group Inc. 0.40% 21,075 $7.3M Add +2.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.34% 42,850 $6.2M Reduce -1.4%
AAPL Apple Inc. 0.33% 23,919 $6.1M Reduce -22.8%
GOOGL Alphabet Inc. Class A 0.31% 23,278 $5.7M Add +3.2%
AMZN Amazon.com Inc. 0.21% 17,833 $3.9M Add +9.5%
HD Home Depot Inc. 0.17% 7,581 $3.1M Reduce -0.4%
JPM JPMorgan Chase & Co. 0.13% 7,376 $2.3M Reduce -25.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.12% 3,386 $2.3M Add +0.3%
AMGN Amgen Inc. 0.10% 6,746 $1.9M Add +1.3%
NVDA Nvidia Corp. 0.09% 8,716 $1.6M Reduce -9.8%
VOO Vanguard S&P 500 ETF 0.09% 2,574 $1.6M Add +4.9%
BF.A Brown-Forman Corp. Class A 0.07% 46,387 $1.2M Add +1.3%
MS Morgan Stanley 0.07% 7,671 $1.2M Add +9.2%
XLK SS Technology Select Sector 0.07% 4,262 $1.2M Add +7.3%
HCA HCA Healthcare Inc. 0.06% 2,669 $1.1M No change
JNJ Johnson & Johnson 0.06% 6,054 $1.1M Add +5.2%
WFC Wells Fargo & Co. 0.06% 13,160 $1.1M Add +1.2%
VLO Valero Energy Corp. 0.05% 5,511 $938K Add +2.2%
COF Capital One Financial Corp. 0.05% 4,076 $866K No change
TSLA Tesla Inc. 0.04% 1,764 $784K Add +4.4%
PM Philip Morris International 0.04% 4,630 $751K Add +10.1%
AVGO Broadcom Inc. 0.04% 2,211 $729K Add +171.6%
KO The Coca-Cola Co. 0.04% 10,997 $729K Reduce -5.8%
ABBV Abbvie Inc. 0.04% 3,094 $716K Add +12.0%
HDB HDFC Bank Ltd.-ADR 0.04% 20,628 $705K Add +3.1%
META Meta Platforms Inc. Class A 0.04% 887 $651K Add +10.6%
XLC SS Comm Select Sector SPDR 0.04% 5,489 $650K Add +9.8%
CVX Chevron Corp. 0.04% 4,146 $644K Add +18.1%
XOM Exxon Mobil Corp. 0.03% 5,353 $604K Reduce -0.9%
ITW Illinois Tool Works 0.03% 2,218 $578K Reduce -4.3%
YUM Yum! Brands Inc. 0.03% 3,700 $562K No change
PG The Procter & Gamble Co. 0.03% 3,463 $532K Add +10.8%
QQQ Invesco QQQ Trust Series 1 0.03% 866 $520K Add +1.1%
HACK Amplify Cybersecurity ETF 0.03% 5,590 $485K No change
ABT Abbott Laboratories 0.02% 3,319 $445K Add +2.9%
ENB Enbridge Inc. 0.02% 8,571 $432K Add +11.5%
HON Honeywell International Inc. 0.02% 2,000 $421K No change
WDC Western Digital Corp. 0.02% 3,506 $421K Add +0.2%
PWR Quanta Services Inc. 0.02% 996 $413K No change
NEE Nextera Energy Inc. 0.02% 5,362 $405K Add +1.2%
MCD McDonald's Corp. 0.02% 1,325 $403K Add +8.8%
PANW Palo Alto Networks Inc. 0.02% 1,912 $389K Add +6.5%
MRK Merck & Co. Inc. 0.02% 4,617 $388K Reduce -32.9%
VUG Vanguard Mrngstar GR ETF-Sui 0.02% 788 $378K Reduce -0.5%
FDN First Trust DJ Internet Ind 0.02% 1,340 $375K No change
MPWR Monolithic Power Systems Inc. 0.02% 400 $368K No change
EPD Enterprise Products Partners 0.02% 11,500 $360K No change
VIG Vanguard Dividend Apprec ETF 0.02% 1,651 $356K No change
STEW SRH Total Return Fund Inc. 0.02% 19,159 $348K Reduce -2.8%
TXRH Texas Roadhouse Inc. 0.02% 2,026 $337K Add +9.5%
AFL Aflac Inc. 0.02% 3,000 $335K No change
SRE Sempra 0.02% 3,711 $334K Add +7.5%
DUK Duke Energy Corp. 0.02% 2,686 $332K Add +3.7%
CNQ Canadian Natural Resources 0.02% 9,400 $300K No change
DEO Diageo PLC-Sponsored ADR 0.02% 3,093 $295K Reduce -37.2%
PB Prosperity Bancshares Inc. 0.02% 4,378 $290K No change
CELH Celsius Holdings Inc. 0.02% 4,932 $284K No change
IEI iShares 3-7 Year Treasury Bo 0.02% 2,362 $282K New
IVE iShares S&P 500 Value ETF 0.01% 1,332 $275K No change
PFE Pfizer Inc. 0.01% 10,758 $274K Add +9.8%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.01% 590 $274K No change
VYM Vanguard High DVD Yield ETF 0.01% 1,871 $264K Add +12.8%
RTX RTX Corp. 0.01% 1,527 $256K New
SCHW Schwab (charles) Corp. 0.01% 2,646 $253K Add +19.2%
T AT&T Inc. 0.01% 8,870 $250K Add +5.2%
CFR Cullen/Frost Bankers Inc. 0.01% 1,902 $241K Add +2.1%
WMT Walmart Inc. 0.01% 2,289 $236K New
ICE Intercontinental Exchange Inc. 0.01% 1,376 $232K No change
GS Goldman Sachs Group Inc. 0.01% 284 $226K New
PSX Phillips 66 0.01% 1,625 $221K New
IWF iShares Russell 1000 Growth 0.01% 471 $221K New
RSG Republic Services Inc. 0.01% 950 $218K Add +11.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.01% 1,899 $217K Add +9.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.01% 707 $208K New
MPC Marathon Petroleum Corp. 0.01% 1,052 $203K New
QTEC First Trust Nasdq 100 Tech I 0.01% 875 $201K New
MX Magnachip Semiconductor Corp. 0.00% 28,920 $91K No change
ACTG Acacia Research Corp. 0.00% 14,795 $48K New

Portfolio Sells Q2 2025 → Q3 2025
SPGI S&P Global Inc. Reduce -23.9% 2.08% −1.12
JNPR Juniper Networks Inc. Sold out 0.00% −0.77
INTU Intuit Inc. Reduce -1.8% 2.26% −0.61
AZO AutoZone Inc. Reduce -30.3% 1.42% −0.48
MSFT Microsoft Corp. Reduce -0.3% 6.47% −0.27
IJH iShares Core S&P Midcap ETF Sold out 0.00% −0.27
MA Mastercard Inc. Class A Reduce -0.0% 2.96% −0.20
BF.B Brown-Forman Corp. Class B Reduce -14.7% 0.72% −0.19
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −0.12
LLY Eli Lilly & Co. Sold out 0.00% −0.07
IJJ iShares S&P Mid-Cap 400 Valu Sold out 0.00% −0.07
IJK iShares S&P Mid-Cap 400 Grow Sold out 0.00% −0.06
IJR iShares Core S&P Small-Cap E Sold out 0.00% −0.04
AAPL Apple Inc. Reduce -22.8% 0.33% −0.04
JPM JPMorgan Chase & Co. Reduce -25.1% 0.13% −0.04
BKNG Booking Holdings Inc. Sold out 0.00% −0.03
BLK BlackRock Inc. Sold out 0.00% −0.03
LRCX Lam Research Corp. Sold out 0.00% −0.03
CSCO Cisco Systems Inc. Sold out 0.00% −0.03
BX Blackstone Inc. Sold out 0.00% −0.02
QQQM Invesco Nasdaq 100 ETF Sold out 0.00% −0.02
TEL Te Connectivity PLC Sold out 0.00% −0.02
FLEX Flex Ltd. Sold out 0.00% −0.02
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.01
DEO Diageo PLC-Sponsored ADR Reduce -37.2% 0.02% −0.01
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.01
MRK Merck & Co. Inc. Reduce -32.9% 0.02% −0.01
KO The Coca-Cola Co. Reduce -5.8% 0.04% −0.01
ITW Illinois Tool Works Reduce -4.3% 0.03% −0.00
STEW SRH Total Return Fund Inc. Reduce -2.8% 0.02% −0.00
XOM Exxon Mobil Corp. Reduce -0.9% 0.03% −0.00
NVDA Nvidia Corp. Reduce -9.8% 0.09% −0.00
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.5% 0.02% +0.00
HD Home Depot Inc. Reduce -0.4% 0.17% +0.00
TJX TJX Companies Inc. Reduce -1.4% 0.34% +0.02
BN Brookfield Corp. Reduce -0.3% 5.31% +0.12
ANET Arista Networks Inc. Reduce -4.5% 7.37% +1.51
GOOG Alphabet Inc. Class C Reduce -1.3% 9.46% +1.91

Portfolio Buys Q2 2025 → Q3 2025
IHF iShares U.S. Healthcare Prov New 2.30% +2.30
K Kellanova New 0.86% +0.86
ROST Ross Stores Inc. Add +0.1% 3.48% +0.33
GE General Electric Add +4.3% 1.75% +0.20
ADBE Adobe Inc. Add +22.9% 2.95% +0.10
GOOGL Alphabet Inc. Class A Add +3.2% 0.31% +0.07
AVGO Broadcom Inc. Add +171.6% 0.04% +0.03
UNH Unitedhealth Group Inc. Add +2.4% 0.40% +0.02
IEI iShares 3-7 Year Treasury Bo New 0.02% +0.02
RTX RTX Corp. New 0.01% +0.01
WMT Walmart Inc. New 0.01% +0.01
GS Goldman Sachs Group Inc. New 0.01% +0.01
IWF iShares Russell 1000 Growth New 0.01% +0.01
PSX Phillips 66 New 0.01% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.01% +0.01
TSLA Tesla Inc. Add +4.4% 0.04% +0.01
MPC Marathon Petroleum Corp. New 0.01% +0.01
QTEC First Trust Nasdq 100 Tech I New 0.01% +0.01
NKE Nike Inc. Class B Add +10.5% 2.80% +0.01
WDC Western Digital Corp. Add +0.2% 0.02% +0.01
JNJ Johnson & Johnson Add +5.2% 0.06% +0.01
ABBV Abbvie Inc. Add +12.0% 0.04% +0.01
VLO Valero Energy Corp. Add +2.2% 0.05% +0.01
MS Morgan Stanley Add +9.2% 0.07% +0.01
XLK SS Technology Select Sector Add +7.3% 0.07% +0.01
CVX Chevron Corp. Add +18.1% 0.04% +0.01
VOO Vanguard S&P 500 ETF Add +4.9% 0.09% +0.00
XLC SS Comm Select Sector SPDR Add +9.8% 0.04% +0.00
ENB Enbridge Inc. Add +11.5% 0.02% +0.00
AMZN Amazon.com Inc. Add +9.5% 0.21% +0.00
SRE Sempra Add +7.5% 0.02% +0.00
ACTG Acacia Research Corp. New 0.00% +0.00
SCHW Schwab (charles) Corp. Add +19.2% 0.01% +0.00
VYM Vanguard High DVD Yield ETF Add +12.8% 0.01% +0.00
MCD McDonald's Corp. Add +8.8% 0.02% +0.00
PFE Pfizer Inc. Add +9.8% 0.01% +0.00
META Meta Platforms Inc. Class A Add +10.6% 0.04% +0.00
QQQ Invesco QQQ Trust Series 1 Add +1.1% 0.03% +0.00
NEE Nextera Energy Inc. Add +1.2% 0.02% +0.00
DUK Duke Energy Corp. Add +3.7% 0.02% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +0.3% 0.12% +0.00
PG The Procter & Gamble Co. Add +10.8% 0.03% −0.00
PANW Palo Alto Networks Inc. Add +6.5% 0.02% −0.00
RSG Republic Services Inc. Add +11.8% 0.01% −0.00
T AT&T Inc. Add +5.2% 0.01% −0.00
DIS The Walt Disney Co. Add +9.7% 0.01% −0.00
BA The Boeing Co. Add +4.9% 2.77% −0.00
CFR Cullen/Frost Bankers Inc. Add +2.1% 0.01% −0.00
WFC Wells Fargo & Co. Add +1.2% 0.06% −0.00
ABT Abbott Laboratories Add +2.9% 0.02% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 121$1.7BBRK.B, GOOG, ANET, MSFT, BN
Q1 2026 109$1.6BGOOG, BRK.B, ANET, ROST, BN
Q4 2025 110$1.9BGOOG, BRK.B, ANET, MSFT, BN
Q3 2025 106$1.8BBRK.B, GOOG, ANET, MSFT, BN
Q2 2025 111$1.7BBRK.B, GOOG, MSFT, ANET, BN
Q1 2025 95$1.5BBRK.B, GOOG, MSFT, BN, V
Q4 2024 91$1.6BBRK.B, GOOG, ANET, MSFT, BN
Q3 2024 94$1.6BBRK.B, GOOG, MSFT, ANET, BN
Q2 2024 83$1.4BBRK.B, GOOG, MSFT, ANET, QCOM
Q1 2024 98$1.4BBRK.B, GOOG, MSFT, ANET, ROST