Stamos Capital Partners, L.P.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Stamos Capital Partners, L.P. reported 136 stock positions worth $622.3 million. Its top holding was iShares Core U.S. Aggregate (AGG) at 14.6% of the portfolio, followed by Merck (MRK, 3.2%) and Vanguard Tax-Exempt Bond ETF (VTEB, 3.0%). Compared with Q3 2025, it opened 2 new positions, sold out of 8, added to 94 and reduced 40. The biggest buy was a new position in Cigna (CI) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- Menlo Park, CA
- CIK
- 0001705399
- Portfolio Value
- $622.3M (Q4 2025)
- SEC Filing
- 0001172661-26-000656 ↗ filed Feb 12, 2026
Holdings Value
Holdings 136 stocks · $622.3M
| AGG iShares Core U.S. Aggregate | 14.61% | 910,232 | $90.9M | Add +2.1% |
| MRK Merck & Co. Inc. | 3.16% | 186,805 | $19.7M | Reduce -6.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.97% | 367,792 | $18.5M | Reduce -6.1% |
| XOM Exxon Mobil Corp. | 2.68% | 138,482 | $16.7M | Add +17.4% |
| GOOGL Alphabet Inc. Class A | 2.58% | 51,349 | $16.1M | Reduce -13.8% |
| CVX Chevron Corp. | 2.29% | 93,397 | $14.2M | Add +30.6% |
| UNH Unitedhealth Group Inc. | 2.23% | 42,050 | $13.9M | Add +23.8% |
| TM Toyota Motor Corp. -Spon ADR | 1.74% | 50,565 | $10.8M | Reduce -8.2% |
| MSFT Microsoft Corp. | 1.73% | 22,265 | $10.8M | Add +21.5% |
| JNJ Johnson & Johnson | 1.53% | 46,102 | $9.5M | Add +0.4% |
| BP BP PLC-Spons ADR | 1.43% | 255,430 | $8.9M | Reduce -9.9% |
| JPM JPMorgan Chase & Co. | 1.42% | 27,443 | $8.8M | Add +5.0% |
| AMZN Amazon.com Inc. | 1.34% | 36,250 | $8.4M | Add +11.4% |
| SHEL Shell PLC-ADR | 1.27% | 107,580 | $7.9M | Reduce -12.8% |
| PFE Pfizer Inc. | 1.27% | 316,310 | $7.9M | Add +21.1% |
| NEE Nextera Energy Inc. | 1.26% | 97,983 | $7.9M | Reduce -16.5% |
| TTE Totalenergies SE | 1.26% | 119,410 | $7.8M | Reduce -19.0% |
| AAPL Apple Inc. | 1.23% | 28,158 | $7.7M | Add +3.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.18% | 133,776 | $7.4M | Add +2.7% |
| T AT&T Inc. | 1.16% | 289,722 | $7.2M | Add +70.6% |
| UNP Union Pacific Corp. | 1.14% | 30,603 | $7.1M | Add +74.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 1.13% | 137,598 | $7.0M | Add +11.4% |
| TSM Taiwan Semiconductor-SP ADR | 1.12% | 22,948 | $7.0M | Reduce -18.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.03% | 56,460 | $6.4M | Add +39.5% |
| V Visa Inc. Class A | 0.96% | 17,050 | $6.0M | Add +42.1% |
| CNI Canadian Natl Railway Co. | 0.96% | 60,220 | $6.0M | Add +68.2% |
| BA The Boeing Co. | 0.96% | 27,378 | $5.9M | Add +5.0% |
| GSK GSK PLC-Spon ADR | 0.95% | 120,183 | $5.9M | Reduce -12.4% |
| CP Canadian Pacific Kansas City | 0.91% | 77,291 | $5.7M | Add +81.2% |
| VZ Verizon Communications Inc. | 0.88% | 135,065 | $5.5M | Add +55.9% |
| CI The Cigna Group | 0.87% | 19,597 | $5.4M | New |
| CVS CVS Health Corp. | 0.87% | 67,848 | $5.4M | Add +75.7% |
| BLK BlackRock Inc. | 0.85% | 4,935 | $5.3M | Add +25.8% |
| CRM Salesforce Inc. | 0.84% | 19,734 | $5.2M | Add +8.4% |
| ADBE Adobe Inc. | 0.84% | 14,860 | $5.2M | Add +15.7% |
| LLY Eli Lilly & Co. | 0.83% | 4,778 | $5.1M | Reduce -23.0% |
| PG The Procter & Gamble Co. | 0.77% | 33,484 | $4.8M | Add +309.9% |
| ASML ASML Holding NV-NY Reg SHS | 0.77% | 4,475 | $4.8M | Reduce -36.6% |
| CME Cme Group Inc. | 0.77% | 17,447 | $4.8M | Add +62.8% |
| ENB Enbridge Inc. | 0.74% | 96,213 | $4.6M | Add +82.1% |
| MDT Medtronic PLC | 0.74% | 47,719 | $4.6M | Add +11.8% |
| PAVE Global X US Infrastructure | 0.71% | 93,008 | $4.4M | Add +155.8% |
| KO The Coca-Cola Co. | 0.68% | 60,849 | $4.3M | Add +221.7% |
| F Ford Motor Co. filed as FORD MTR CO | 0.67% | 318,383 | $4.2M | Reduce -16.4% |
| KMI Kinder Morgan Inc. | 0.66% | 150,299 | $4.1M | Add +134.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.63% | 7,834 | $3.9M | Add +81.1% |
| NFLX Netflix Inc. | 0.62% | 41,327 | $3.9M | Add +212.4% |
| BX Blackstone Inc. | 0.60% | 24,204 | $3.7M | Add +33.2% |
| BN Brookfield Corp. | 0.59% | 79,832 | $3.7M | Reduce -6.7% |
| AMLP Alerian MLP ETF | 0.57% | 75,427 | $3.5M | Add +48.7% |
| MLPX Global X MLP & Energy Infras | 0.57% | 58,580 | $3.5M | Add +51.6% |
| HD Home Depot Inc. | 0.56% | 10,043 | $3.5M | Add +85.0% |
| NVDA Nvidia Corp. | 0.55% | 18,298 | $3.4M | Reduce -7.8% |
| UBER Uber Technologies Inc. | 0.55% | 41,645 | $3.4M | Add +49.3% |
| ADP Automatic Data Processing | 0.53% | 12,914 | $3.3M | Add +422.4% |
| SONY Sony Group Corp. - SP ADR | 0.53% | 128,567 | $3.3M | Add +77.2% |
| CAT Caterpillar Inc. | 0.53% | 5,739 | $3.3M | Add +37.7% |
| MA Mastercard Inc. Class A | 0.52% | 5,670 | $3.2M | Add +122.2% |
| USRT iShares Core US REIT ETF | 0.50% | 54,092 | $3.1M | Add +72.4% |
| IYR iShares US Real Estate ETF | 0.49% | 32,811 | $3.1M | Add +74.3% |
| XBI SS SPDR S&P Biotech ETF | 0.48% | 24,679 | $3.0M | Reduce -13.6% |
| LNG Cheniere Energy Inc. | 0.48% | 15,469 | $3.0M | Add +208.3% |
| GIS General Mills Inc. | 0.48% | 64,204 | $3.0M | Add +151.9% |
| MDLZ Mondelez International Inc. Class A | 0.47% | 54,727 | $2.9M | Add +169.7% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.47% | 37,415 | $2.9M | Reduce -16.3% |
| EQT Eqt Corp. | 0.47% | 54,615 | $2.9M | Add +144.9% |
| AVGO Broadcom Inc. | 0.47% | 8,433 | $2.9M | Reduce -14.8% |
| AMD Advanced Micro Devices | 0.47% | 13,608 | $2.9M | Reduce -27.5% |
| SPG Simon Property Group Inc. | 0.45% | 15,041 | $2.8M | Add +55.3% |
| WMT Walmart Inc. | 0.45% | 24,890 | $2.8M | Add +106.9% |
| XOP SS SPDR S&P Og Exp & Prod | 0.44% | 21,902 | $2.8M | Add +23.5% |
| CSCO Cisco Systems Inc. | 0.44% | 35,751 | $2.8M | Add +9.4% |
| CCJ Cameco Corp. | 0.44% | 30,007 | $2.7M | Reduce -16.9% |
| DE Deere & Co. | 0.44% | 5,866 | $2.7M | Add +69.0% |
| DELL Dell Technologies -C | 0.44% | 21,636 | $2.7M | Add +10.5% |
| PANW Palo Alto Networks Inc. | 0.44% | 14,744 | $2.7M | Add +6.0% |
| HDB HDFC Bank Ltd.-ADR | 0.41% | 69,270 | $2.5M | Reduce -10.6% |
| CEG Constellation Energy | 0.41% | 7,162 | $2.5M | Reduce -20.0% |
| DHI D.R. Horton Inc. | 0.40% | 17,343 | $2.5M | Reduce -1.1% |
| LEN Lennar Corp. Class A | 0.40% | 24,256 | $2.5M | Add +8.6% |
| TOL Toll Brothers Inc. | 0.40% | 18,421 | $2.5M | Reduce -15.0% |
| BCS Barclays PLC-Spons ADR | 0.39% | 96,311 | $2.5M | Reduce -26.6% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.39% | 62,614 | $2.4M | Reduce -51.0% |
| SO The Southern Co. | 0.38% | 26,839 | $2.3M | Add +53.7% |
| DUK Duke Energy Corp. | 0.38% | 19,964 | $2.3M | Add +49.3% |
| AEP American Electric Power | 0.38% | 20,237 | $2.3M | Add +38.6% |
| D Dominion Energy Inc. | 0.37% | 39,655 | $2.3M | Add +30.6% |
| UBS UBS Group AG-Reg | 0.35% | 46,679 | $2.2M | Reduce -11.1% |
| GE General Electric filed as GE AEROSPACE | 0.34% | 6,954 | $2.1M | Add +10.9% |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 3,592 | $2.1M | Add +1.1% |
| GM General Motors Co. | 0.33% | 25,356 | $2.1M | Reduce -38.3% |
| NOW ServiceNow Inc. | 0.31% | 12,700 | $1.9M | Add +143.1% |
| FINX Global X Fintech ETF | 0.31% | 65,569 | $1.9M | Add +101.7% |
| VST Vistra Corp. | 0.31% | 11,838 | $1.9M | Add +4.1% |
| GEV GE Vernova Inc. | 0.31% | 2,912 | $1.9M | Add +3.7% |
| ETN Eaton Corp. PLC | 0.29% | 5,698 | $1.8M | Add +42.0% |
| EWY iShares MSCI South Korea ETF | 0.29% | 18,537 | $1.8M | Reduce -2.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.27% | 39,632 | $1.7M | Add +27.6% |
| IQV Iqvia Holdings Inc. | 0.27% | 7,464 | $1.7M | Add +11.0% |
| SPGI S&P Global Inc. | 0.27% | 3,208 | $1.7M | Add +164.9% |
Portfolio Sells Q3 2025 → Q4 2025
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -6.1% | 2.97% | −0.73 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -36.6% | 0.77% | −0.52 |
| SLB SLB Ltd. | Reduce -51.0% | 0.39% | −0.44 |
| BP BP PLC-Spons ADR | Reduce -9.9% | 1.43% | −0.42 |
| NEE Nextera Energy Inc. | Reduce -16.5% | 1.26% | −0.41 |
| TTE Totalenergies SE | Reduce -19.0% | 1.26% | −0.40 |
| SHEL Shell PLC-ADR | Reduce -12.8% | 1.27% | −0.39 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -18.7% | 1.12% | −0.37 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -8.2% | 1.74% | −0.25 |
| F Ford Motor Co. | Reduce -16.4% | 0.67% | −0.19 |
| GSK GSK PLC-Spon ADR | Reduce -12.4% | 0.95% | −0.17 |
| TOL Toll Brothers Inc. | Reduce -15.0% | 0.40% | −0.16 |
| DHI D.R. Horton Inc. | Reduce -1.1% | 0.40% | −0.16 |
| GOOGL Alphabet Inc. Class A | Reduce -13.8% | 2.58% | −0.15 |
| NVDA Nvidia Corp. | Reduce -7.8% | 0.55% | −0.15 |
| BN Brookfield Corp. | Reduce -6.7% | 0.59% | −0.15 |
| CEG Constellation Energy | Reduce -20.0% | 0.41% | −0.15 |
| FSLR First Solar Inc. | Reduce -43.5% | 0.20% | −0.15 |
| AVGO Broadcom Inc. | Reduce -14.8% | 0.47% | −0.15 |
| GM General Motors Co. | Reduce -38.3% | 0.33% | −0.14 |
| CCJ Cameco Corp. | Reduce -16.9% | 0.44% | −0.13 |
| HSBC HSBC Holdings PLC-Spons ADR | Reduce -16.3% | 0.47% | −0.13 |
| SNOW Snowflake Inc. | Reduce -26.7% | 0.19% | −0.12 |
| BCS Barclays PLC-Spons ADR | Reduce -26.6% | 0.39% | −0.12 |
| AMD Advanced Micro Devices | Reduce -27.5% | 0.47% | −0.10 |
| HDB HDFC Bank Ltd.-ADR | Reduce -10.6% | 0.41% | −0.09 |
| LLY Eli Lilly & Co. | Reduce -23.0% | 0.83% | −0.07 |
| UBS UBS Group AG-Reg | Reduce -11.1% | 0.35% | −0.06 |
| XBI SS SPDR S&P Biotech ETF | Reduce -13.6% | 0.48% | −0.06 |
| MMM 3M Co. | Reduce -25.7% | 0.10% | −0.06 |
| BAM Brookfield Asset Mgmt-A | Sold out | 0.00% | −0.05 |
| CG The Carlyle Group Inc. | Sold out | 0.00% | −0.05 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.05 |
| TPG TPG Inc. | Sold out | 0.00% | −0.05 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −0.05 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -1.9% | 0.19% | −0.05 |
| BIPC Brookfield Infrastructure-A | Sold out | 0.00% | −0.04 |
| BEPC Brookfield Renewable Corp. | Sold out | 0.00% | −0.04 |
| INDA iShares MSCI India ETF | Reduce -5.1% | 0.18% | −0.03 |
| BWXT BWX Technologies Inc. | Reduce -8.8% | 0.07% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -13.4% | 0.09% | −0.03 |
| AMGN Amgen Inc. | Reduce -12.4% | 0.12% | −0.02 |
| MFC Manulife Financial Corp. | Reduce -5.1% | 0.22% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -6.6% | 3.16% | −0.01 |
| NUE Nucor Corp. | Reduce -9.9% | 0.09% | −0.01 |
| FCX Freeport-McMoran Inc. | Reduce -9.9% | 0.10% | −0.00 |
| EWY iShares MSCI South Korea ETF | Reduce -2.9% | 0.29% | +0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| CI The Cigna Group | New | 0.87% | +0.87 |
| PG The Procter & Gamble Co. | Add +309.9% | 0.77% | +0.53 |
| KO The Coca-Cola Co. | Add +221.7% | 0.68% | +0.45 |
| ADP Automatic Data Processing | Add +422.4% | 0.53% | +0.40 |
| PAVE Global X US Infrastructure | Add +155.8% | 0.71% | +0.39 |
| UNP Union Pacific Corp. | Add +74.5% | 1.14% | +0.36 |
| NFLX Netflix Inc. | Add +212.4% | 0.62% | +0.32 |
| KMI Kinder Morgan Inc. | Add +134.6% | 0.66% | +0.32 |
| CNI Canadian Natl Railway Co. | Add +68.2% | 0.96% | +0.32 |
| CVS CVS Health Corp. | Add +75.7% | 0.87% | +0.32 |
| CP Canadian Pacific Kansas City | Add +81.2% | 0.91% | +0.32 |
| LNG Cheniere Energy Inc. | Add +208.3% | 0.48% | +0.26 |
| T AT&T Inc. | Add +70.6% | 1.16% | +0.25 |
| MA Mastercard Inc. Class A | Add +122.2% | 0.52% | +0.25 |
| EQT Eqt Corp. | Add +144.9% | 0.47% | +0.24 |
| GIS General Mills Inc. | Add +151.9% | 0.48% | +0.24 |
| ENB Enbridge Inc. | Add +82.1% | 0.74% | +0.24 |
| MDLZ Mondelez International Inc. Class A | Add +169.7% | 0.47% | +0.23 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +81.1% | 0.63% | +0.22 |
| CME Cme Group Inc. | Add +62.8% | 0.77% | +0.22 |
| WMT Walmart Inc. | Add +106.9% | 0.45% | +0.21 |
| CVX Chevron Corp. | Add +30.6% | 2.29% | +0.19 |
| V Visa Inc. Class A | Add +42.1% | 0.96% | +0.19 |
| XOM Exxon Mobil Corp. | Add +17.4% | 2.68% | +0.17 |
| VZ Verizon Communications Inc. | Add +55.9% | 0.88% | +0.17 |
| DIS The Walt Disney Co. | Add +39.5% | 1.03% | +0.16 |
| SPGI S&P Global Inc. | Add +164.9% | 0.27% | +0.16 |
| CAT Caterpillar Inc. | Add +37.7% | 0.53% | +0.15 |
| IYR iShares US Real Estate ETF | Add +74.3% | 0.49% | +0.15 |
| USRT iShares Core US REIT ETF | Add +72.4% | 0.50% | +0.15 |
| MOO Vaneck Agribusiness ETF | Add +208.0% | 0.24% | +0.15 |
| HD Home Depot Inc. | Add +85.0% | 0.56% | +0.14 |
| DE Deere & Co. | Add +69.0% | 0.44% | +0.14 |
| SONY Sony Group Corp. - SP ADR | Add +77.2% | 0.53% | +0.13 |
| NOW ServiceNow Inc. | Add +143.1% | 0.31% | +0.13 |
| ICE Intercontinental Exchange Inc. | Add +160.9% | 0.23% | +0.12 |
| AMLP Alerian MLP ETF | Add +48.7% | 0.57% | +0.12 |
| MLPX Global X MLP & Energy Infras | Add +51.6% | 0.57% | +0.11 |
| FINX Global X Fintech ETF | Add +101.7% | 0.31% | +0.10 |
| SPG Simon Property Group Inc. | Add +55.3% | 0.45% | +0.10 |
| REMX Vaneck Rar Earth ND STG-Usdi | New | 0.10% | +0.10 |
| COST Costco Wholesale Corp. | Add +210.0% | 0.15% | +0.09 |
| CB Chubb Ltd. | Add +74.9% | 0.19% | +0.07 |
| AEP American Electric Power | Add +38.6% | 0.38% | +0.07 |
| DUK Duke Energy Corp. | Add +49.3% | 0.38% | +0.06 |
| SO The Southern Co. | Add +53.7% | 0.38% | +0.06 |
| BXP BXP Inc. | Add +80.1% | 0.21% | +0.06 |
| PHO Invesco Water Resources ETF | Add +168.1% | 0.10% | +0.06 |
| GILD Gilead Sciences Inc. | Add +54.4% | 0.14% | +0.04 |
| ARE Alexandria Real Estate Equit | Add +138.7% | 0.25% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 140 | $652.5M | VTEB, MRK, AGG, MSFT, GOOGL |
| Q1 2026 | 142 | $639.7M | AGG, MRK, VTEB, GOOGL, MSFT |
| Q4 2025 | 136 | $622.3M | AGG, MRK, VTEB, XOM, GOOGL |
| Q3 2025 | 142 | $530.1M | AGG, VTEB, MRK, GOOGL, XOM |
| Q2 2025 | 138 | $557.5M | AGG, MRK, XOM, UNH, CVX |
| Q1 2025 | 140 | $382.3M | AGG, MRK, SHEL, XOM, CVX |
| Q4 2024 | 126 | $426.1M | AGG, BP, SHEL, XOM, CVX |
| Q3 2024 | 127 | $424.9M | AGG, CVX, BP, XOM, SHEL |
| Q2 2024 | 137 | $471.3M | AGG, SHEL, XOM, BP, CVX |
| Q1 2024 | 123 | $440.5M | AGG, XOM, CVX, SHEL, BP |