Socorro Asset Management LP

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Socorro Asset Management LP reported 31 stock positions worth $210.1 million. Its top holding was Air Products & Chemicals (APD) at 4.3% of the portfolio, followed by Sempra (SRE, 4.2%) and PNC Financial Services (PNC, 4.2%). Compared with Q1 2026, it opened 1 new position, sold out of 1, added to 8 and reduced 17. The biggest buy was a new position in Mastercard Class A (MA) and the biggest sale an exit from Truist Financial (TFC).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001781882
Portfolio Value
$210.1M (Q2 2026)
SEC Filing
0001781882-26-000005 ↗ filed Aug 14, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $261.6M Q1 2024 Q2 2024: $256.7M Q2 2024 Q3 2024: $253.9M Q3 2024 Q4 2024: $243.7M Q4 2024 Q1 2025: $278.1M Q1 2025 Q2 2025: $288.0M Q2 2025 Q3 2025: $265.7M Q3 2025 Q4 2025: $248.0M Q4 2025 Q1 2026: $211.0M Q1 2026 Q2 2026: $210.1M $210.1M Q2 2026

Holdings 31 stocks · $210.1M
APD Air Products & Chemicals Inc. 4.29% 30,762 $9.0M Reduce -2.8%
SRE Sempra 4.25% 96,289 $8.9M Reduce -16.8%
PNC PNC Financial Services Group 4.23% 36,137 $8.9M Reduce -4.0%
JPM JPMorgan Chase & Co. 3.88% 24,930 $8.2M Reduce -3.4%
XEL Xcel Energy Inc. 3.86% 100,977 $8.1M Reduce -4.0%
HD Home Depot Inc. 3.80% 22,660 $8.0M Add +6.0%
CPT Camden Property Trust 3.79% 69,499 $8.0M Reduce -3.6%
TXN Texas Instruments Inc. 3.71% 26,156 $7.8M Reduce -44.5%
MSFT Microsoft Corp. 3.64% 20,509 $7.7M Add +3.3%
PFE Pfizer Inc. 3.61% 315,112 $7.6M No change
LRCX Lam Research Corp. 3.57% 17,291 $7.5M Reduce -20.7%
AMT American Tower Corp. 3.57% 45,799 $7.5M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 3.46% 75,503 $7.3M Add +6.8%
EXE Expand Energy Corp. 3.43% 79,100 $7.2M Add +6.3%
BAC Bank of America Corp. 3.35% 123,685 $7.0M Reduce -3.1%
KO The Coca-Cola Co. 3.30% 85,304 $6.9M Reduce -28.3%
HUBB Hubbell Inc. 3.30% 13,236 $6.9M Add +50.2%
MA Mastercard Inc. Class A 3.23% 13,229 $6.8M New
AAPL Apple Inc. 3.22% 23,402 $6.8M Reduce -3.7%
OKE Oneok Inc. 3.15% 76,179 $6.6M No change
MS Morgan Stanley 3.08% 30,967 $6.5M Reduce -27.4%
MLM Martin Marietta Materials 3.07% 11,200 $6.5M Reduce -3.2%
PLD Prologis Inc. 2.94% 45,575 $6.2M Reduce -3.4%
DHR Danaher Corp. 2.87% 31,655 $6.0M Add +7.0%
FERG Ferguson Enterprises Inc. 2.79% 24,681 $5.9M Reduce -12.1%
ALC Alcon Inc. filed as ALCON AG 2.65% 83,135 $5.6M No change
JCI Johnson Controls Internation 2.59% 37,285 $5.4M Reduce -15.5%
SLB SLB Ltd. filed as SLB LIMITED 2.57% 116,226 $5.4M Reduce -20.8%
SPGI S&P Global Inc. 2.56% 13,208 $5.4M Add +8.7%
ICE Intercontinental Exchange Inc. 2.10% 35,838 $4.4M Add +9.5%
NEE Nextera Energy Inc. 0.12% 2,842 $249K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $12.6M (not counted above)
SecurityClassShares / PrincipalValueChange
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 179,085$9.5MNo change
ALPHABET INC (GOOGL 6.25 05/15/29 A) DEP SHS RP1/20 A 61,500$3.1MNew

Total filed on the 13F, all lines: $222.8M.

Portfolio Sells Q1 2026 → Q2 2026
TFC Truist Financial Corp. Sold out 0.00% −2.27
SRE Sempra Reduce -16.8% 4.25% −1.08
SLB SLB Ltd. Reduce -20.8% 2.57% −1.00
KO The Coca-Cola Co. Reduce -28.3% 3.30% −0.99
TXN Texas Instruments Inc. Reduce -44.5% 3.71% −0.63
FERG Ferguson Enterprises Inc. Reduce -12.1% 2.79% −0.32
MS Morgan Stanley Reduce -27.4% 3.08% −0.25
MLM Martin Marietta Materials Reduce -3.2% 3.07% −0.15
JCI Johnson Controls Internation Reduce -15.5% 2.59% −0.14
XEL Xcel Energy Inc. Reduce -4.0% 3.86% −0.10
APD Air Products & Chemicals Inc. Reduce -2.8% 4.29% −0.06
PLD Prologis Inc. Reduce -3.4% 2.94% −0.02
JPM JPMorgan Chase & Co. Reduce -3.4% 3.88% +0.29
AAPL Apple Inc. Reduce -3.7% 3.22% +0.30
BAC Bank of America Corp. Reduce -3.1% 3.35% +0.41
CPT Camden Property Trust Reduce -3.6% 3.79% +0.45
PNC PNC Financial Services Group Reduce -4.0% 4.23% +0.52
LRCX Lam Research Corp. Reduce -20.7% 3.57% +1.36

Portfolio Buys Q1 2026 → Q2 2026
MA Mastercard Inc. Class A New 3.23% +3.23
HUBB Hubbell Inc. Add +50.2% 3.30% +1.25
HD Home Depot Inc. Add +6.0% 3.80% +0.47
DIS The Walt Disney Co. Add +6.8% 3.46% +0.23
DHR Danaher Corp. Add +7.0% 2.87% +0.21
MSFT Microsoft Corp. Add +3.3% 3.64% +0.16
SPGI S&P Global Inc. Add +8.7% 2.56% +0.11
ICE Intercontinental Exchange Inc. Add +9.5% 2.10% −0.34
EXE Expand Energy Corp. Add +6.3% 3.43% −0.44

Notes & Other Activity Q1 2026 → Q2 2026
ALPHABET INC (GOOGL 6.25 05/15/29 A) DEP SHS RP1/20 A New 61,500 $3.1M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 31$210.1MAPD, SRE, PNC, JPM, XEL
Q1 2026 31$211.0MSRE, APD, TXN, KO, PFE
Q4 2025 31$248.0MSRE, MS, PNC, KO, TXN
Q3 2025 32$265.7MSRE, PFE, AMT, MS, TXN
Q2 2025 32$288.0MTXN, MS, SRE, JPM, FERG
Q1 2025 32$278.1MAMT, CTRA, KO, MS, TXN
Q4 2024 31$243.7MSRE, CTRA, KO, PFE, BDX
Q3 2024 31$253.9MSRE, TECK, TXN, KO, CTRA
Q2 2024 32$256.7MSLB, SRE, TXN, PLD, TECK
Q1 2024 31$261.6MVLO, SLB, MS, ARE, BAC