TCTC Holdings, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), TCTC Holdings, LLC reported 684 stock positions worth $2.8 billion. Its top holding was HF Sinclair (DINO) at 14.3% of the portfolio, followed by Microsoft (MSFT, 4.5%) and Berkshire Hathaway Class B (BRK.B, 4.4%). Compared with Q4 2024, it opened 30 new positions, sold out of 56, added to 236 and reduced 103. The biggest buy was Uber Technologies (UBER, shares +0%) and the biggest sale Microsoft (MSFT, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001483870
- Portfolio Value
- $2.8B (Q1 2025)
- SEC Filing
- 0001483870-25-000002 ↗ filed May 7, 2025
Holdings Value
Holdings 684 stocks · $2.8B
| DINO HF Sinclair Corp. | 14.28% | 12,323,878 | $405.2M | No change |
| MSFT Microsoft Corp. | 4.52% | 342,084 | $128.4M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.41% | 234,902 | $125.1M | Reduce -1.1% |
| WM Waste Management Inc. | 3.72% | 455,754 | $105.5M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 3.36% | 388,648 | $95.3M | Reduce -0.1% |
| AFL Aflac Inc. | 3.18% | 812,394 | $90.3M | Reduce -0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 3.10% | 353,773 | $88.0M | Add +0.3% |
| CB Chubb Ltd. | 2.59% | 243,376 | $73.5M | Add +0.1% |
| AAPL Apple Inc. | 2.53% | 323,414 | $71.8M | Reduce -2.5% |
| UBER Uber Technologies Inc. | 2.18% | 847,880 | $61.8M | Add +0.1% |
| LIN Linde PLC | 2.10% | 128,250 | $59.7M | Add +0.0% |
| WMB Williams Cos Inc. | 1.89% | 897,948 | $53.7M | Reduce -0.1% |
| AON Aon PLC Class A | 1.69% | 120,061 | $47.9M | Add +0.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.61% | 1,098,378 | $45.8M | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 1.55% | 281,753 | $44.0M | Add +0.3% |
| NVS Novartis AG-Sponsored ADR | 1.54% | 391,767 | $43.7M | Reduce -0.7% |
| QCOM Qualcomm Inc. | 1.43% | 263,313 | $40.4M | Add +0.3% |
| IWM iShares Russell 2000 ETF | 1.40% | 199,097 | $39.7M | Add +1.9% |
| ORI Old Republic Intl Corp. | 1.37% | 990,121 | $38.8M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 1.31% | 195,744 | $37.2M | Add +0.4% |
| RNR Renaissancere Holdings Ltd. | 1.27% | 150,000 | $36.0M | No change |
| PFE Pfizer Inc. | 1.17% | 1,314,711 | $33.3M | Reduce -2.5% |
| PEP Pepsico Inc. | 1.07% | 202,808 | $30.4M | Add +5.2% |
| ABBV Abbvie Inc. | 1.03% | 139,135 | $29.2M | Reduce -0.7% |
| CFR Cullen/Frost Bankers Inc. | 1.02% | 230,270 | $28.8M | Add +5.5% |
| PM Philip Morris International | 0.99% | 176,765 | $28.1M | Reduce -2.1% |
| CRM Salesforce Inc. | 0.98% | 103,506 | $27.8M | Add +0.9% |
| FCX Freeport-McMoran Inc. | 0.97% | 727,150 | $27.5M | Add +1.1% |
| LOW Lowe's Cos Inc. | 0.97% | 118,006 | $27.5M | Add +0.0% |
| PSX Phillips 66 | 0.89% | 204,264 | $25.2M | Add +26.5% |
| CVS CVS Health Corp. | 0.89% | 372,214 | $25.2M | Reduce -2.0% |
| BMY Bristol-Myers Squibb Co. | 0.88% | 407,729 | $24.9M | Add +0.0% |
| NEE Nextera Energy Inc. | 0.87% | 349,285 | $24.8M | Add +0.9% |
| COP Conocophillips | 0.84% | 228,188 | $24.0M | Add +0.4% |
| WMT Walmart Inc. | 0.84% | 271,019 | $23.8M | Add +0.8% |
| CSCO Cisco Systems Inc. | 0.79% | 361,913 | $22.3M | Reduce -0.9% |
| EG Everest Group Ltd. | 0.79% | 61,380 | $22.3M | Add +0.3% |
| MO Altria Group Inc. | 0.76% | 357,279 | $21.4M | Add +0.1% |
| OXY Occidental Petroleum Corp. | 0.74% | 423,249 | $20.9M | Reduce -0.2% |
| CMCSA Comcast Corp. Class A | 0.70% | 541,235 | $20.0M | Reduce -0.1% |
| MRK Merck & Co. Inc. | 0.63% | 200,524 | $18.0M | Add +0.1% |
| LVS Las Vegas Sands Corp. | 0.62% | 458,463 | $17.7M | Add +3.8% |
| VZ Verizon Communications Inc. | 0.57% | 355,056 | $16.1M | Reduce -0.8% |
| CBRE CBRE Group Inc. Class A | 0.55% | 118,929 | $15.6M | Add +105.9% |
| MMM 3M Co. | 0.54% | 104,630 | $15.4M | No change |
| TRN Trinity Industries Inc. | 0.51% | 511,398 | $14.3M | Reduce -2.1% |
| ACA Arcosa Inc. | 0.50% | 183,500 | $14.2M | Reduce -0.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.49% | 265,162 | $13.9M | Reduce -0.9% |
| MDLZ Mondelez International Inc. Class A | 0.49% | 203,293 | $13.8M | Reduce -0.5% |
| SCHW Schwab (charles) Corp. | 0.48% | 175,159 | $13.7M | Add +0.0% |
| MPC Marathon Petroleum Corp. | 0.47% | 90,921 | $13.2M | Reduce -0.4% |
| ABT Abbott Laboratories | 0.46% | 99,003 | $13.1M | Reduce -3.7% |
| TXN Texas Instruments Inc. | 0.45% | 70,405 | $12.7M | Add +0.0% |
| GE General Electric filed as GE AEROSPACE | 0.42% | 60,069 | $12.0M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.42% | 69,769 | $11.9M | Reduce -3.4% |
| EMR Emerson Electric Co. | 0.42% | 108,256 | $11.9M | Reduce -1.8% |
| EFA iShares MSCI Eafe ETF | 0.42% | 144,219 | $11.8M | Add +3.7% |
| RTX RTX Corp. | 0.41% | 87,114 | $11.5M | Add +0.3% |
| ADI Analog Devices Inc. | 0.39% | 54,727 | $11.0M | Add +1.2% |
| INTC Intel Corp. | 0.39% | 485,724 | $11.0M | Reduce -0.9% |
| ADP Automatic Data Processing | 0.38% | 34,837 | $10.6M | Add +0.1% |
| AMGN Amgen Inc. | 0.37% | 34,083 | $10.6M | Reduce -0.5% |
| UNH Unitedhealth Group Inc. | 0.37% | 19,976 | $10.5M | Reduce -0.2% |
| V Visa Inc. Class A | 0.36% | 29,440 | $10.3M | Reduce -0.0% |
| JNJ Johnson & Johnson | 0.36% | 61,098 | $10.1M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.35% | 63,927 | $9.9M | Add +1.4% |
| SO The Southern Co. | 0.35% | 107,100 | $9.8M | Add +1.3% |
| CVX Chevron Corp. | 0.31% | 51,878 | $8.7M | Add +5.9% |
| XOM Exxon Mobil Corp. | 0.28% | 67,438 | $8.0M | Reduce -1.4% |
| KO The Coca-Cola Co. | 0.27% | 108,150 | $7.7M | Reduce -1.4% |
| SYK Stryker Corp. | 0.27% | 20,387 | $7.6M | No change |
| UPS United Parcel Service Class B | 0.25% | 65,295 | $7.2M | Reduce -6.2% |
| EEM iShares MSCI Emerging Market | 0.25% | 163,298 | $7.1M | Add +2.1% |
| ALC Alcon Inc. filed as ALCON AG | 0.25% | 74,736 | $7.1M | Reduce -0.1% |
| ZTS Zoetis Inc. | 0.25% | 42,672 | $7.0M | Add +6.5% |
| MAIN Main Street Capital Corp. | 0.24% | 119,791 | $6.8M | Add +1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.23% | 11,812 | $6.6M | Add +45.1% |
| PYPL PayPal Holdings Inc. | 0.23% | 98,440 | $6.4M | Reduce -3.0% |
| GLD SPDR Gold Shares | 0.21% | 21,182 | $6.1M | Add +2.0% |
| IJR iShares Core S&P Small-Cap E | 0.21% | 56,664 | $5.9M | Add +5.3% |
| COST Costco Wholesale Corp. | 0.20% | 6,048 | $5.7M | Add +19.0% |
| BX Blackstone Inc. | 0.20% | 39,698 | $5.5M | Add +239.4% |
| ADBE Adobe Inc. | 0.19% | 14,211 | $5.5M | Add +25.2% |
| IJH iShares Core S&P Midcap ETF | 0.19% | 92,585 | $5.4M | Add +6.4% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.19% | 57,545 | $5.3M | Add +0.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.18% | 52,699 | $5.2M | Reduce -0.5% |
| IVV iShares Core S&P 500 ETF | 0.18% | 8,970 | $5.0M | No change |
| EBAY eBay Inc. | 0.17% | 73,009 | $4.9M | Reduce -0.5% |
| GEV GE Vernova Inc. | 0.16% | 14,948 | $4.6M | No change |
| DEO Diageo PLC-Sponsored ADR | 0.16% | 42,138 | $4.4M | Add +34.0% |
| TGT Target Corp. | 0.15% | 41,698 | $4.4M | Add +2.4% |
| AXP American Express Co. | 0.14% | 14,238 | $3.8M | Reduce -0.3% |
| BSV Vanguard Short-Term Bond ETF | 0.13% | 47,394 | $3.7M | No change |
| MDT Medtronic PLC | 0.12% | 39,432 | $3.5M | Reduce -0.7% |
| DFS Discover Financial Services | 0.12% | 20,753 | $3.5M | Reduce -11.8% |
| XLF SS Financial Select Sector | 0.11% | 65,154 | $3.2M | Reduce -1.5% |
| GD General Dynamics Corp. | 0.10% | 10,306 | $2.8M | Add +8.3% |
| MS Morgan Stanley | 0.09% | 21,862 | $2.6M | Add +2.1% |
| PGR Progressive Corp. | 0.08% | 8,468 | $2.4M | Add +1.0% |
| KD Kyndryl Holdings Inc. | 0.08% | 75,279 | $2.4M | Reduce -0.1% |
Portfolio Sells Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | Reduce -0.2% | 4.52% | −0.67 |
| AAPL Apple Inc. | Reduce -2.5% | 2.53% | −0.45 |
| TRN Trinity Industries Inc. | Reduce -2.1% | 0.51% | −0.15 |
| ACA Arcosa Inc. | Reduce -0.1% | 0.50% | −0.14 |
| BAC Bank of America Corp. | Reduce -0.2% | 1.61% | −0.12 |
| PFE Pfizer Inc. | Reduce -2.5% | 1.17% | −0.11 |
| PYPL PayPal Holdings Inc. | Reduce -3.0% | 0.23% | −0.08 |
| EMR Emerson Electric Co. | Reduce -1.8% | 0.42% | −0.07 |
| UPS United Parcel Service Class B | Reduce -6.2% | 0.25% | −0.06 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -78.3% | 0.01% | −0.03 |
| DIS The Walt Disney Co. | Reduce -0.5% | 0.18% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -0.1% | 0.70% | −0.03 |
| VONV Vanguard Russell 1000 Value | Sold out | 0.00% | −0.03 |
| DFS Discover Financial Services | Reduce -11.8% | 0.12% | −0.02 |
| AXP American Express Co. | Reduce -0.3% | 0.14% | −0.02 |
| OXY Occidental Petroleum Corp. | Reduce -0.2% | 0.74% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -3.4% | 0.42% | −0.02 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.02 |
| IUSG iShares Core S&P U.S. Growth | Reduce -13.9% | 0.04% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.01 |
| BLK BlackRock Inc. | Reduce -13.5% | 0.04% | −0.01 |
| ICSH iShares Ultra Short Duration | Sold out | 0.00% | −0.01 |
| USB US Bancorp | Reduce -3.2% | 0.05% | −0.01 |
| KD Kyndryl Holdings Inc. | Reduce -0.1% | 0.08% | −0.01 |
| PDEC Innovator U.S. Equity Power | Sold out | 0.00% | −0.01 |
| FDX FedEx Corp. | Reduce -5.8% | 0.04% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -0.9% | 0.49% | −0.01 |
| HD Home Depot Inc. | Reduce -2.3% | 0.07% | −0.01 |
| TIP iShares Tips Bond ETF | Reduce -96.2% | 0.00% | −0.01 |
| DOV Dover Corp. | Reduce -14.6% | 0.02% | −0.01 |
| NKE Nike Inc. Class B | Reduce -6.6% | 0.02% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Reduce -57.2% | 0.00% | −0.00 |
| OKE Oneok Inc. | Reduce -22.6% | 0.01% | −0.00 |
| SBUX Starbucks Corp. | Reduce -16.3% | 0.03% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -0.2% | 0.03% | −0.00 |
| SYY Sysco Corp. | Reduce -3.5% | 0.05% | −0.00 |
| VTWO Vanguard Russell 2000 ETF | Sold out | 0.00% | −0.00 |
| EAPR Innovator Emerging Markets P | Sold out | 0.00% | −0.00 |
| VTRS Viatris Inc. | Reduce -11.5% | 0.00% | −0.00 |
| PLD Prologis Inc. | Reduce -8.8% | 0.04% | −0.00 |
| AVLV Avantis US Large Cap Value | Sold out | 0.00% | −0.00 |
| COWZ Pacer US Cash Cows 100 ETF | Sold out | 0.00% | −0.00 |
| IMVP Invesco India Exchange-Trade | Sold out | 0.00% | −0.00 |
| EPP iShares MSCI Pacific Ex Japa | Reduce -3.2% | 0.03% | −0.00 |
| VALE Vale SA-SP ADR | Reduce -86.8% | 0.00% | −0.00 |
| CE Celanese Corp. | Reduce -26.4% | 0.00% | −0.00 |
| KYN Kayne Anderson Energy Infra | Reduce -2.4% | 0.03% | −0.00 |
| KOCT Innovator U.S. Small Cap Pow | Sold out | 0.00% | −0.00 |
| KEY Keycorp | Reduce -72.2% | 0.00% | −0.00 |
| HON Honeywell International Inc. | Reduce -30.7% | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| UBER Uber Technologies Inc. | Add +0.1% | 2.18% | +0.34 |
| IBM Intl Business Machines Corp. | Add +0.3% | 3.10% | +0.32 |
| CBRE CBRE Group Inc. Class A | Add +105.9% | 0.55% | +0.28 |
| PSX Phillips 66 | Add +26.5% | 0.89% | +0.23 |
| CB Chubb Ltd. | Add +0.1% | 2.59% | +0.18 |
| LIN Linde PLC | Add +0.0% | 2.10% | +0.18 |
| AON Aon PLC Class A | Add +0.0% | 1.69% | +0.14 |
| BX Blackstone Inc. | Add +239.4% | 0.20% | +0.12 |
| MO Altria Group Inc. | Add +0.1% | 0.76% | +0.09 |
| GE General Electric | Add +0.1% | 0.42% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +45.1% | 0.23% | +0.06 |
| CVX Chevron Corp. | Add +5.9% | 0.31% | +0.05 |
| MAC The Macerich Co. | New | 0.05% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +0.0% | 0.88% | +0.05 |
| RTX RTX Corp. | Add +0.3% | 0.41% | +0.05 |
| EFA iShares MSCI Eafe ETF | Add +3.7% | 0.42% | +0.04 |
| ORCL Oracle Corp. | Add +332.8% | 0.05% | +0.04 |
| COP Conocophillips | Add +0.4% | 0.84% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Add +539.3% | 0.04% | +0.03 |
| GLD SPDR Gold Shares | Add +2.0% | 0.21% | +0.03 |
| SO The Southern Co. | Add +1.3% | 0.35% | +0.03 |
| COST Costco Wholesale Corp. | Add +19.0% | 0.20% | +0.03 |
| CRK Comstock Resources Inc. | Add +184.3% | 0.04% | +0.03 |
| RIO Rio Tinto PLC-Spon ADR | New | 0.02% | +0.02 |
| SSB Southstate Bank Corp. | New | 0.02% | +0.02 |
| PEP Pepsico Inc. | Add +5.2% | 1.07% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +0.0% | 0.48% | +0.02 |
| DVN Devon Energy Corp. | Add +211.2% | 0.02% | +0.02 |
| ZTS Zoetis Inc. | Add +6.5% | 0.25% | +0.01 |
| PGR Progressive Corp. | Add +1.0% | 0.08% | +0.01 |
| DEO Diageo PLC-Sponsored ADR | Add +34.0% | 0.16% | +0.01 |
| EEM iShares MSCI Emerging Market | Add +2.1% | 0.25% | +0.01 |
| ADBE Adobe Inc. | Add +25.2% | 0.19% | +0.01 |
| ADP Automatic Data Processing | Add +0.1% | 0.38% | +0.01 |
| GD General Dynamics Corp. | Add +8.3% | 0.10% | +0.01 |
| MRSH Marsh & McLennan Cos | Add +0.7% | 0.06% | +0.01 |
| PFF iShares Preferred & Income S | Add +15.1% | 0.07% | +0.01 |
| ICE Intercontinental Exchange Inc. | Add +2.8% | 0.05% | +0.01 |
| SHEL Shell PLC-ADR | Add +4.7% | 0.03% | +0.01 |
| SPYX SS SPDR S&P 500 Foss FL ETF | New | 0.00% | +0.00 |
| RSP Invesco S&P 500 Equal Weight | Add +123.0% | 0.01% | +0.00 |
| LNG Cheniere Energy Inc. | Add +12.9% | 0.02% | +0.00 |
| BR Broadridge Financial Solutio | Add +1.1% | 0.05% | +0.00 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +73.0% | 0.01% | +0.00 |
| DUK Duke Energy Corp. | Add +23.4% | 0.01% | +0.00 |
| C Citigroup Inc. | Add +36.0% | 0.01% | +0.00 |
| BUD Anheuser-Busch Inbev-SPN ADR | Add +35.6% | 0.01% | +0.00 |
| ECC Eagle Point Credit Co. | New | 0.00% | +0.00 |
| NDAQ Nasdaq Inc. | Add +112.8% | 0.00% | +0.00 |
| WDAY Workday Inc. Class A | Add +158.8% | 0.00% | +0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
| ITT Itt Inc. | COM | Reduce -100.0% | 0 | $0 |
| PR Permian Resources Corp. Class A | CLASS A COM | Reduce -100.0% | 0 | $0 |
| AME Ametek Inc. | COM | Reduce -100.0% | 0 | $0 |
| ALLE Allegion PLC | ORD SHS | Reduce -100.0% | 0 | $0 |
| PCH Potlatchdeltic Corp. | COM | Reduce -100.0% | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 240 | $3.8B | DINO, MSFT, JPM, BRK.B, WM |
| Q1 2026 | 220 | $3.5B | DINO, MSFT, JPM, BRK.B, WM |
| Q4 2025 | 616 | $3.3B | DINO, MSFT, JPM, BRK.B, IBM |
| Q3 2025 | 613 | $3.4B | DINO, MSFT, JPM, BRK.B, WM |
| Q2 2025 | 647 | $3.1B | DINO, MSFT, BRK.B, JPM, IBM |
| Q1 2025 | 684 | $2.8B | DINO, MSFT, BRK.B, WM, JPM |
| Q4 2024 | 715 | $2.8B | DINO, MSFT, BRK.B, JPM, WM |
| Q3 2024 | 527 | $3.0B | DINO, MSFT, BRK.B, WM, AFL |
| Q2 2024 | 538 | $2.9B | DINO, MSFT, WM, BRK.B, JPM |
| Q1 2024 | 537 | $3.0B | DINO, MSFT, BRK.B, WM, JPM |