Sequent Asset Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Sequent Asset Management, LLC reported 99 stock positions worth $225.2 million. Its top holding was Fidelity 500 Index Fund (FXAIX) at 23.1% of the portfolio, followed by SS Technology Select Sector (XLK, 9.0%) and SS SPDR S&P 500 ETF Trust-US (SPY, 6.0%). Compared with Q3 2025, it opened 6 new positions, sold out of 1, added to 32 and reduced 17. The biggest buy was SLB (SLB, shares +104%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −1%).

Most Recent 13F
Q2 2026
Location
HOUSTON, TX
CIK
0001509550
Portfolio Value
$225.2M (Q4 2025)
SEC Filing
0001509550-26-000002 ↗ filed Feb 10, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $189.2M Q1 2024 Q2 2024: $198.7M Q2 2024 Q3 2024: $202.6M Q3 2024 Q4 2024: $203.1M Q4 2024 Q1 2025: $179.5M Q1 2025 Q2 2025: $125.2M Q2 2025 Q3 2025: $210.3M Q3 2025 Q4 2025: $225.2M $225.2M Q4 2025 Q1 2026: $208.9M Q1 2026 Q2 2026: $237.1M Q2 2026

Holdings 99 stocks · $225.2M
FXAIX Fidelity 500 Index Fund 23.09% 218,689 $52.0M Add +1.9%
XLK SS Technology Select Sector 8.98% 140,391 $20.2M Add +0.1%
SPY SS SPDR S&P 500 ETF Trust-US 6.03% 19,909 $13.6M Reduce -0.5%
SPYG SS SPDR P S&P 500 Growth ETF 5.89% 124,201 $13.3M Add +3.7%
DFSVX Dfa US SM Cap Val Port-Inst 5.03% 219,361 $11.3M Add +0.4%
SLB SLB Ltd. filed as SLB LIMITED 4.32% 253,729 $9.7M Add +104.5%
IWP iShares Russell Mid-Cap Grow 4.09% 67,200 $9.2M No change
VOO Vanguard S&P 500 ETF 3.76% 13,506 $8.5M Add +1.4%
IWO iShares Russell 2000 Growth 3.68% 25,631 $8.3M No change
USMV iShares MSCI USA Min Vol Fac 2.50% 59,865 $5.6M Add +5.1%
FIDZX Fidelity Adv Intl Cap Ap-Z 2.30% 143,869 $5.2M Add +7.5%
AMZN Amazon.com Inc. 2.05% 20,017 $4.6M No change
IVE iShares S&P 500 Value ETF 1.15% 12,162 $2.6M No change
FQAL Fidelity Quality Factor ETF 1.08% 32,067 $2.4M Add +1.6%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.00% 7,127 $2.2M No change
IWS iShares Russell Mid-Cap Valu 0.97% 15,536 $2.2M No change
IJS iShares S&P Small-Cap 600 Va 0.93% 18,402 $2.1M No change
CAT Caterpillar Inc. 0.88% 3,465 $2.0M Reduce -0.5%
FINSX Fidelity Adv NW Insghts-I 0.86% 39,480 $1.9M Add +8.6%
XOM Exxon Mobil Corp. 0.82% 15,274 $1.8M Add +7.4%
FBCG Fidelity Blue Chip Grow ETF 0.77% 31,618 $1.7M Reduce -0.6%
ETR Entergy Corp. 0.72% 17,444 $1.6M No change
BRK.B Berkshire Hathaway Inc. Class B 0.66% 2,974 $1.5M Reduce -1.2%
NOBL Proshares S&P 500 Dividend A 0.64% 13,822 $1.4M Add +2.8%
VFLO Victoryshares Free Cash Flow 0.62% 35,621 $1.4M Reduce -0.6%
VTI VG Morningstar TS MKT ETF-US 0.58% 3,890 $1.3M Add +71.1%
FDLO Fidelity Low Volat Fact ETF 0.55% 18,510 $1.2M No change
IVV iShares Core S&P 500 ETF 0.54% 1,768 $1.2M Add +0.5%
OEF iShares S&P 100 ETF 0.49% 3,247 $1.1M Reduce -3.6%
HD Home Depot Inc. 0.49% 3,235 $1.1M Reduce -0.9%
EXE Expand Energy Corp. 0.49% 9,984 $1.1M No change
HR Healthcare Realty Trust Inc. 0.46% 60,450 $1.0M No change
MSFT Microsoft Corp. 0.45% 2,107 $1.0M Add +18.7%
SPHB Invesco S&P 500 High Beta Et 0.45% 8,613 $1.0M No change
DNOW Dnow Inc. 0.44% 75,226 $997K New
AVUV Avantis US Small Cap Value 0.43% 9,457 $965K Reduce -0.6%
RDVY First Trust Rising Dividend 0.42% 13,656 $949K No change
SPYV SS SPDR P S&P 500 Value ETF 0.40% 15,871 $902K Add +2.9%
TRSCX Nuveen LRG Cap Resp Eq-Rtrmt filed as TIAA-CREF Mutual Funds Social 0.39% 30,119 $880K Add +7.3%
FICQX Fidelity Intl Cap Appr 0.38% 24,244 $866K Add +6.0%
FBTIX Fidelity Adv Biotech-I 0.37% 19,965 $824K Add +1.4%
ABT Abbott Laboratories 0.35% 6,275 $787K Add +2.5%
JPM JPMorgan Chase & Co. 0.35% 2,419 $780K Add +0.0%
IJT iShares S&P Small-Cap 600 GR 0.33% 5,249 $741K Add +20.0%
XLV SS Health Care Select Sector 0.32% 4,687 $725K Add +1.5%
VFIAX Vanguard 500 Index-Adm 0.31% 1,104 $697K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.28% 2,187 $635K No change
WFC Wells Fargo & Co. 0.28% 6,753 $629K Add +7.5%
JQUA JPMorgan US Quality Factor 0.28% 9,943 $628K Add +33.1%
PG The Procter & Gamble Co. 0.28% 4,374 $627K Reduce -9.3%
SPDW Ste STR SPDR PT DW Eu ETF 0.24% 12,129 $539K No change
VIG Vanguard Dividend Apprec ETF 0.24% 2,452 $539K No change
AN Autonation Inc. 0.24% 2,567 $530K No change
Nh Portfolio 2039 (Fidelityble 0.22% 27,936 $506K New
DGX Quest Diagnostics Inc. 0.21% 2,692 $467K No change
APD Air Products & Chemicals Inc. 0.21% 1,875 $463K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.20% 10,578 $451K Add +10.4%
XLE SS Energy Select Sector 0.20% 9,902 $443K Reduce -19.1%
ROP Roper Technologies Inc. 0.18% 935 $416K Reduce -2.1%
ACWI iShares MSCI Acwi ETF 0.18% 2,852 $404K No change
SMH Vaneck Semiconductor ETF 0.18% 1,116 $402K No change
EPD Enterprise Products Partners 0.17% 11,886 $381K No change
PRDGX T Rowe PR Dividend Grow-Inv 0.17% 4,663 $380K No change
SKHCF Sonic Healthcare Ltd. 0.17% 26,700 $374K No change
FSPSX Fidelity Intl Indx 0.17% 6,134 $373K No change
CVX Chevron Corp. 0.17% 2,439 $372K Add +5.9%
FCNTX Fidelity Contrafund 0.16% 14,819 $360K Add +4.5%
AMD Advanced Micro Devices 0.16% 1,671 $358K New
DFAT Dimensional US Target Value 0.16% 5,932 $353K No change
TRBCX T Rowe PR Blue Chip Grow-Inv filed as ROWE T PRICE BLUE CHIP GROWTH COM 0.15% 1,610 $339K No change
DUK Duke Energy Corp. 0.15% 2,886 $338K Reduce -1.1%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.15% 700 $336K Add +55.6%
IWF iShares Russell 1000 Growth 0.15% 700 $331K No change
Nh Portfolio 2036 (Fidelityfun 0.15% 13,357 $330K New
BUBSX Baird Ultra Short Bond-Inv 0.14% 32,002 $325K No change
AMAT Applied Materials Inc. 0.14% 1,197 $308K No change
FIJYX Fidelity Adv Biotech-Z 0.13% 7,303 $302K Add +1.4%
MFEIX MFS Growth Fund-I 0.13% 1,508 $297K No change
TSLA Tesla Inc. 0.13% 648 $291K Add +10.2%
FSMDX Fidelity Mid Cap Indx 0.13% 7,736 $286K No change
FMDE Fidelity Enhanced Mid Cap Co. 0.12% 7,711 $281K No change
SHW The Sherwin-Williams Co. 0.12% 863 $280K Reduce -5.3%
AWEIX Cibc Atlas Disc Eqty-Inst 0.12% 8,594 $260K No change
CHD Church & Dwight Co. Inc. 0.11% 3,057 $256K Reduce -7.4%
RTX RTX Corp. 0.11% 1,354 $248K No change
GD General Dynamics Corp. 0.11% 727 $245K Add +9.0%
MRGRX MFS Core Equity Fund-I 0.11% 4,384 $239K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.11% 2,983 $239K No change
PAYX Paychex Inc. 0.10% 2,000 $224K No change
META Meta Platforms Inc. Class A 0.10% 336 $222K Reduce -12.5%
CDDRX Columbia Dividend Income-I2 0.10% 5,927 $219K No change
SDY SS SPDR S&P Dividend ETF 0.10% 1,570 $218K No change
MINIX MFS Internation Int Equ FD-I 0.10% 4,520 $216K No change
MU Micron Technology Inc. 0.10% 754 $215K New
AVSC Avantis US Small Cap Equity 0.10% 3,637 $214K No change
PANW Palo Alto Networks Inc. 0.09% 1,154 $213K Reduce -11.6%
VEIPX Vanguard Equity Income-Inv 0.09% 4,586 $203K No change
FDGRX Fidelity Growth Company-RTL 0.09% 4,220 $202K New
QCOM Qualcomm Inc. 0.09% 1,173 $201K Reduce -4.5%

Portfolio Sells Q3 2025 → Q4 2025
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.5% 6.03% −0.31
HD Home Depot Inc. Reduce -0.9% 0.49% −0.13
HLIEX JPMorgan Equity Income-I Sold out 0.00% −0.10
PG The Procter & Gamble Co. Reduce -9.3% 0.28% −0.07
XLE SS Energy Select Sector Reduce -19.1% 0.20% −0.06
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.2% 0.66% −0.06
FBCG Fidelity Blue Chip Grow ETF Reduce -0.6% 0.77% −0.04
ROP Roper Technologies Inc. Reduce -2.1% 0.18% −0.04
OEF iShares S&P 100 ETF Reduce -3.6% 0.49% −0.04
META Meta Platforms Inc. Class A Reduce -12.5% 0.10% −0.04
PANW Palo Alto Networks Inc. Reduce -11.6% 0.09% −0.03
SHW The Sherwin-Williams Co. Reduce -5.3% 0.12% −0.03
CHD Church & Dwight Co. Inc. Reduce -7.4% 0.11% −0.02
AVUV Avantis US Small Cap Value Reduce -0.6% 0.43% −0.02
DUK Duke Energy Corp. Reduce -1.1% 0.15% −0.02
VFLO Victoryshares Free Cash Flow Reduce -0.6% 0.62% −0.02
QCOM Qualcomm Inc. Reduce -4.5% 0.09% −0.01
CAT Caterpillar Inc. Reduce -0.5% 0.88% +0.09

Portfolio Buys Q3 2025 → Q4 2025
SLB SLB Ltd. Add +104.5% 4.32% +2.30
VTI VG Morningstar TS MKT ETF-US Add +71.1% 0.58% +0.58
DNOW Dnow Inc. New 0.44% +0.44
Nh Portfolio 2039 (Fidelityble New 0.22% +0.22
AMD Advanced Micro Devices New 0.16% +0.16
Nh Portfolio 2036 (Fidelityfun New 0.15% +0.15
MU Micron Technology Inc. New 0.10% +0.10
FDGRX Fidelity Growth Company-RTL New 0.09% +0.09
JQUA JPMorgan US Quality Factor Add +33.1% 0.28% +0.06
XOM Exxon Mobil Corp. Add +7.4% 0.82% +0.05
DIA SS SPDR Dow Jones Indus Avg Add +55.6% 0.15% +0.05
IJT iShares S&P Small-Cap 600 GR Add +20.0% 0.33% +0.03
WFC Wells Fargo & Co. Add +7.5% 0.28% +0.03
FBTIX Fidelity Adv Biotech-I Add +1.4% 0.37% +0.02
XLV SS Health Care Select Sector Add +1.5% 0.32% +0.02
MSFT Microsoft Corp. Add +18.7% 0.45% +0.02
FIJYX Fidelity Adv Biotech-Z Add +1.4% 0.13% +0.01
TSLA Tesla Inc. Add +10.2% 0.13% +0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Add +10.4% 0.20% +0.00
GD General Dynamics Corp. Add +9.0% 0.11% +0.00
CVX Chevron Corp. Add +5.9% 0.17% −0.00
SPYV SS SPDR P S&P 500 Value ETF Add +2.9% 0.40% −0.01
FCNTX Fidelity Contrafund Add +4.5% 0.16% −0.01
JPM JPMorgan Chase & Co. Add +0.0% 0.35% −0.02
TRSCX Nuveen LRG Cap Resp Eq-Rtrmt Add +7.3% 0.39% −0.02
NOBL Proshares S&P 500 Dividend A Add +2.8% 0.64% −0.02
IVV iShares Core S&P 500 ETF Add +0.5% 0.54% −0.02
FICQX Fidelity Intl Cap Appr Add +6.0% 0.38% −0.03
FINSX Fidelity Adv NW Insghts-I Add +8.6% 0.86% −0.03
ABT Abbott Laboratories Add +2.5% 0.35% −0.04
FQAL Fidelity Quality Factor ETF Add +1.6% 1.08% −0.05
SPYG SS SPDR P S&P 500 Growth ETF Add +3.7% 5.89% −0.07
USMV iShares MSCI USA Min Vol Fac Add +5.1% 2.50% −0.07
VOO Vanguard S&P 500 ETF Add +1.4% 3.76% −0.12
FIDZX Fidelity Adv Intl Cap Ap-Z Add +7.5% 2.30% −0.13
DFSVX Dfa US SM Cap Val Port-Inst Add +0.4% 5.03% −0.18
XLK SS Technology Select Sector Add +0.1% 8.98% −0.42
FXAIX Fidelity 500 Index Fund Add +1.9% 23.09% −0.68

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 89$237.1MFXAIX, XLK, SPY, DFSVX, SPYG
Q1 2026 90$208.9MFXAIX, XLK, SPY, DFSVX, SLB
Q4 2025 99$225.2MFXAIX, XLK, SPY, SPYG, DFSVX
Q3 2025 94$210.3MFXAIX, XLK, SPY, SPYG, DFSVX
Q2 2025 65$125.2MXLK, SPY, SPYG, IWP, VOO
Q1 2025 83$179.5MFXAIX, XLK, SLB, SPYG, DFSVX
Q4 2024 86$203.1MFXAIX, XLK, SPYG, DFSVX, SLB
Q3 2024 92$202.6MFXAIX, XLK, SLB, DFSVX, IWP
Q2 2024 92$198.7MFXAIX, XLK, SLB, SPYG, DFSVX
Q1 2024 82$189.2MFXAIX, XLK, SLB, DFSVX, SPYG