TCTC Holdings, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), TCTC Holdings, LLC reported 647 stock positions worth $3.1 billion. Its top holding was HF Sinclair (DINO) at 16.3% of the portfolio, followed by Microsoft (MSFT, 5.4%) and Berkshire Hathaway Class B (BRK.B, 3.7%). Compared with Q1 2025, it opened 22 new positions, sold out of 60, added to 72 and reduced 85. The biggest buy was HF Sinclair (DINO, shares +0%) and the biggest sale Aflac (AFL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001483870
- Portfolio Value
- $3.1B (Q2 2025)
- SEC Filing
- 0001483870-25-000005 ↗ filed Aug 12, 2025
Holdings Value
Holdings 647 stocks · $3.1B
| DINO HF Sinclair Corp. | 16.28% | 12,332,078 | $506.6M | Add +0.1% |
| MSFT Microsoft Corp. | 5.41% | 338,488 | $168.4M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.67% | 234,938 | $114.1M | Add +0.0% |
| JPM JPMorgan Chase & Co. | 3.62% | 388,831 | $112.7M | Add +0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 3.35% | 353,773 | $104.3M | No change |
| WM Waste Management Inc. | 3.35% | 455,704 | $104.3M | Reduce -0.0% |
| AFL Aflac Inc. | 2.75% | 811,094 | $85.5M | Reduce -0.2% |
| UBER Uber Technologies Inc. | 2.55% | 851,426 | $79.4M | Add +0.4% |
| CB Chubb Ltd. | 2.26% | 243,202 | $70.5M | Reduce -0.1% |
| AAPL Apple Inc. | 2.13% | 323,120 | $66.3M | Reduce -0.1% |
| LIN Linde PLC | 1.93% | 128,255 | $60.2M | Add +0.0% |
| WMB Williams Cos Inc. | 1.81% | 896,970 | $56.3M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.66% | 1,090,991 | $51.6M | Reduce -0.7% |
| GOOG Alphabet Inc. Class C | 1.61% | 282,361 | $50.1M | Add +0.2% |
| NVS Novartis AG-Sponsored ADR | 1.52% | 391,636 | $47.4M | Reduce -0.0% |
| IWM iShares Russell 2000 ETF | 1.40% | 202,256 | $43.6M | Add +1.6% |
| AMZN Amazon.com Inc. | 1.40% | 197,836 | $43.4M | Add +1.1% |
| AON Aon PLC Class A | 1.38% | 120,061 | $42.8M | No change |
| QCOM Qualcomm Inc. | 1.37% | 266,772 | $42.5M | Add +1.3% |
| ORI Old Republic Intl Corp. | 1.22% | 990,029 | $38.1M | Reduce -0.0% |
| RNR Renaissancere Holdings Ltd. | 1.17% | 150,000 | $36.4M | No change |
| CRM Salesforce Inc. | 1.12% | 127,875 | $34.9M | Add +23.5% |
| PM Philip Morris International | 1.03% | 176,740 | $32.2M | Reduce -0.0% |
| FCX Freeport-McMoran Inc. | 1.03% | 736,732 | $31.9M | Add +1.3% |
| PFE Pfizer Inc. | 1.02% | 1,308,759 | $31.7M | Reduce -0.5% |
| CFR Cullen/Frost Bankers Inc. | 0.95% | 230,270 | $29.6M | No change |
| PEP Pepsico Inc. | 0.86% | 203,549 | $26.9M | Add +0.4% |
| LOW Lowe's Cos Inc. | 0.85% | 119,435 | $26.5M | Add +1.2% |
| WMT Walmart Inc. | 0.85% | 270,611 | $26.5M | Reduce -0.1% |
| UNH Unitedhealth Group Inc. | 0.83% | 82,769 | $25.8M | Add +314.3% |
| CVS CVS Health Corp. | 0.83% | 372,277 | $25.7M | Add +0.0% |
| ABBV Abbvie Inc. | 0.82% | 137,914 | $25.6M | Reduce -0.9% |
| CSCO Cisco Systems Inc. | 0.81% | 363,555 | $25.2M | Add +0.5% |
| PSX Phillips 66 | 0.81% | 211,339 | $25.2M | Add +3.5% |
| NEE Nextera Energy Inc. | 0.79% | 353,845 | $24.6M | Add +1.3% |
| NVDA Nvidia Corp. | 0.68% | 134,586 | $21.3M | Add +9958.7% |
| COP Conocophillips | 0.68% | 235,143 | $21.1M | Add +3.0% |
| MO Altria Group Inc. | 0.67% | 357,279 | $20.9M | No change |
| EG Everest Group Ltd. | 0.67% | 61,085 | $20.8M | Reduce -0.5% |
| LVS Las Vegas Sands Corp. | 0.65% | 461,544 | $20.1M | Add +0.7% |
| CMCSA Comcast Corp. Class A | 0.61% | 533,005 | $19.0M | Reduce -1.5% |
| BMY Bristol-Myers Squibb Co. | 0.59% | 398,777 | $18.5M | Reduce -2.2% |
| OXY Occidental Petroleum Corp. | 0.55% | 409,799 | $17.2M | Reduce -3.2% |
| RTX RTX Corp. | 0.55% | 117,092 | $17.1M | Add +34.4% |
| MRK Merck & Co. Inc. | 0.52% | 202,878 | $16.1M | Add +1.2% |
| SCHW Schwab (charles) Corp. | 0.51% | 175,160 | $16.0M | Add +0.0% |
| ACA Arcosa Inc. | 0.51% | 184,205 | $16.0M | Add +0.4% |
| MMM 3M Co. | 0.51% | 104,630 | $15.9M | No change |
| GE General Electric filed as GE AEROSPACE | 0.50% | 60,069 | $15.5M | No change |
| VZ Verizon Communications Inc. | 0.49% | 355,066 | $15.4M | Add +0.0% |
| MPC Marathon Petroleum Corp. | 0.49% | 92,081 | $15.3M | Add +1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.48% | 23,989 | $14.8M | Add +103.1% |
| EMR Emerson Electric Co. | 0.46% | 107,932 | $14.4M | Reduce -0.3% |
| TXN Texas Instruments Inc. | 0.46% | 69,148 | $14.4M | Reduce -1.8% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.45% | 264,681 | $14.0M | Reduce -0.2% |
| CBRE CBRE Group Inc. Class A | 0.45% | 98,871 | $13.9M | Reduce -16.9% |
| TRN Trinity Industries Inc. | 0.44% | 511,248 | $13.8M | Reduce -0.0% |
| MDLZ Mondelez International Inc. Class A | 0.44% | 202,622 | $13.7M | Reduce -0.3% |
| ABT Abbott Laboratories | 0.43% | 98,817 | $13.4M | Reduce -0.2% |
| ADI Analog Devices Inc. | 0.42% | 55,079 | $13.1M | Add +0.6% |
| EFA iShares MSCI Eafe ETF | 0.42% | 146,051 | $13.1M | Add +1.3% |
| GOOGL Alphabet Inc. Class A | 0.36% | 63,968 | $11.3M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.35% | 69,011 | $11.0M | Reduce -1.1% |
| INTC Intel Corp. | 0.35% | 485,224 | $10.9M | Reduce -0.1% |
| ADP Automatic Data Processing | 0.35% | 34,850 | $10.7M | Add +0.0% |
| V Visa Inc. Class A | 0.34% | 29,431 | $10.4M | Reduce -0.0% |
| SO The Southern Co. | 0.32% | 106,833 | $9.8M | Reduce -0.3% |
| AMGN Amgen Inc. | 0.30% | 33,989 | $9.5M | Reduce -0.3% |
| JNJ Johnson & Johnson | 0.30% | 61,253 | $9.4M | Add +0.3% |
| IJR iShares Core S&P Small-Cap E | 0.30% | 84,243 | $9.2M | Add +48.7% |
| EEM iShares MSCI Emerging Market | 0.29% | 186,383 | $9.0M | Add +14.1% |
| SYK Stryker Corp. | 0.26% | 20,368 | $8.1M | Reduce -0.1% |
| GEV GE Vernova Inc. | 0.25% | 14,948 | $7.9M | No change |
| KO The Coca-Cola Co. | 0.24% | 107,477 | $7.6M | Reduce -0.6% |
| CVX Chevron Corp. | 0.24% | 52,446 | $7.5M | Add +1.1% |
| XOM Exxon Mobil Corp. | 0.23% | 67,412 | $7.3M | Reduce -0.0% |
| PYPL PayPal Holdings Inc. | 0.23% | 97,468 | $7.2M | Reduce -1.0% |
| MAIN Main Street Capital Corp. | 0.23% | 122,391 | $7.2M | Add +2.2% |
| GLD SPDR Gold Shares | 0.22% | 22,407 | $6.8M | Add +5.8% |
| ALC Alcon Inc. filed as ALCON AG | 0.21% | 74,596 | $6.6M | Reduce -0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 52,965 | $6.6M | Add +0.5% |
| BX Blackstone Inc. | 0.21% | 42,698 | $6.4M | Add +7.6% |
| ZTS Zoetis Inc. | 0.20% | 40,714 | $6.3M | Reduce -4.6% |
| IVV iShares Core S&P 500 ETF | 0.20% | 10,120 | $6.3M | Add +12.8% |
| IJH iShares Core S&P Midcap ETF | 0.20% | 100,889 | $6.3M | Add +9.0% |
| ADBE Adobe Inc. | 0.20% | 16,140 | $6.2M | Add +13.6% |
| COST Costco Wholesale Corp. | 0.19% | 6,087 | $6.0M | Add +0.6% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.18% | 58,295 | $5.6M | Add +1.3% |
| EBAY eBay Inc. | 0.17% | 72,620 | $5.4M | Reduce -0.5% |
| UPS United Parcel Service Class B | 0.15% | 46,857 | $4.7M | Reduce -28.2% |
| ORCL Oracle Corp. | 0.15% | 20,812 | $4.6M | Add +104.3% |
| AXP American Express Co. | 0.15% | 14,183 | $4.5M | Reduce -0.4% |
| COF Capital One Financial Corp. | 0.14% | 21,149 | $4.5M | New |
| DEO Diageo PLC-Sponsored ADR | 0.14% | 41,988 | $4.2M | Reduce -0.4% |
| TGT Target Corp. | 0.12% | 38,153 | $3.8M | Reduce -8.5% |
| BSV Vanguard Short-Term Bond ETF | 0.12% | 47,755 | $3.8M | Add +0.8% |
| XLF SS Financial Select Sector | 0.11% | 65,154 | $3.4M | No change |
| KD Kyndryl Holdings Inc. | 0.10% | 75,279 | $3.2M | No change |
| MS Morgan Stanley | 0.10% | 21,812 | $3.1M | Reduce -0.2% |
| MDT Medtronic PLC | 0.10% | 35,207 | $3.1M | Reduce -10.7% |
Portfolio Sells Q1 2025 → Q2 2025
| AFL Aflac Inc. | Reduce -0.2% | 2.75% | −0.43 |
| AAPL Apple Inc. | Reduce -0.1% | 2.13% | −0.40 |
| WM Waste Management Inc. | Reduce -0.0% | 3.35% | −0.37 |
| CB Chubb Ltd. | Reduce -0.1% | 2.26% | −0.32 |
| BMY Bristol-Myers Squibb Co. | Reduce -2.2% | 0.59% | −0.28 |
| ABBV Abbvie Inc. | Reduce -0.9% | 0.82% | −0.20 |
| OXY Occidental Petroleum Corp. | Reduce -3.2% | 0.55% | −0.18 |
| PFE Pfizer Inc. | Reduce -0.5% | 1.02% | −0.15 |
| ORI Old Republic Intl Corp. | Reduce -0.0% | 1.22% | −0.14 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.12 |
| EG Everest Group Ltd. | Reduce -0.5% | 0.67% | −0.12 |
| CBRE CBRE Group Inc. Class A | Reduce -16.9% | 0.45% | −0.10 |
| UPS United Parcel Service Class B | Reduce -28.2% | 0.15% | −0.10 |
| CMCSA Comcast Corp. Class A | Reduce -1.5% | 0.61% | −0.09 |
| WMB Williams Cos Inc. | Reduce -0.1% | 1.81% | −0.08 |
| AMGN Amgen Inc. | Reduce -0.3% | 0.30% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -1.1% | 0.35% | −0.07 |
| TRN Trinity Industries Inc. | Reduce -0.0% | 0.44% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -0.0% | 0.23% | −0.05 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.3% | 0.44% | −0.05 |
| ZTS Zoetis Inc. | Reduce -4.6% | 0.20% | −0.04 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -0.2% | 0.45% | −0.04 |
| INTC Intel Corp. | Reduce -0.1% | 0.35% | −0.04 |
| ALC Alcon Inc. | Reduce -0.2% | 0.21% | −0.04 |
| TGT Target Corp. | Reduce -8.5% | 0.12% | −0.03 |
| SO The Southern Co. | Reduce -0.3% | 0.32% | −0.03 |
| ABT Abbott Laboratories | Reduce -0.2% | 0.43% | −0.03 |
| KO The Coca-Cola Co. | Reduce -0.6% | 0.24% | −0.03 |
| V Visa Inc. Class A | Reduce -0.0% | 0.34% | −0.03 |
| MDT Medtronic PLC | Reduce -10.7% | 0.10% | −0.03 |
| DEO Diageo PLC-Sponsored ADR | Reduce -0.4% | 0.14% | −0.02 |
| SLB SLB Ltd. | Reduce -10.0% | 0.04% | −0.02 |
| DVN Devon Energy Corp. | Reduce -69.4% | 0.01% | −0.02 |
| NVS Novartis AG-Sponsored ADR | Reduce -0.0% | 1.52% | −0.02 |
| FDX FedEx Corp. | Reduce -25.2% | 0.03% | −0.01 |
| PGR Progressive Corp. | Reduce -2.5% | 0.07% | −0.01 |
| NOG Northern Oil and Gas Inc. | Sold out | 0.00% | −0.01 |
| CRI Carter's Inc. | Reduce -21.1% | 0.01% | −0.01 |
| IUSG iShares Core S&P U.S. Growth | Reduce -33.6% | 0.03% | −0.01 |
| NKE Nike Inc. Class B | Reduce -52.9% | 0.01% | −0.01 |
| GEHC GE Healthcare Technology | Reduce -0.8% | 0.05% | −0.01 |
| SHEL Shell PLC-ADR | Reduce -15.8% | 0.02% | −0.01 |
| SYK Stryker Corp. | Reduce -0.1% | 0.26% | −0.01 |
| KRG Kite Realty Group Trust | Reduce -17.0% | 0.02% | −0.01 |
| PLD Prologis Inc. | Reduce -1.8% | 0.04% | −0.01 |
| HD Home Depot Inc. | Reduce -0.3% | 0.06% | −0.01 |
| SYY Sysco Corp. | Reduce -4.1% | 0.05% | −0.01 |
| UNP Union Pacific Corp. | Reduce -4.3% | 0.03% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -35.4% | 0.01% | −0.00 |
| USB US Bancorp | Reduce -2.9% | 0.05% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| DINO HF Sinclair Corp. | Add +0.1% | 16.28% | +2.01 |
| NVDA Nvidia Corp. | Add +9958.7% | 0.68% | +0.68 |
| UNH Unitedhealth Group Inc. | Add +314.3% | 0.83% | +0.46 |
| UBER Uber Technologies Inc. | Add +0.4% | 2.55% | +0.38 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 3.62% | +0.26 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +103.1% | 0.48% | +0.24 |
| COF Capital One Financial Corp. | New | 0.14% | +0.14 |
| RTX RTX Corp. | Add +34.4% | 0.55% | +0.14 |
| CRM Salesforce Inc. | Add +23.5% | 1.12% | +0.14 |
| ORCL Oracle Corp. | Add +104.3% | 0.15% | +0.10 |
| IJR iShares Core S&P Small-Cap E | Add +48.7% | 0.30% | +0.09 |
| AMZN Amazon.com Inc. | Add +1.1% | 1.40% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +0.2% | 1.61% | +0.06 |
| FCX Freeport-McMoran Inc. | Add +1.3% | 1.03% | +0.06 |
| EEM iShares MSCI Emerging Market | Add +14.1% | 0.29% | +0.04 |
| ADI Analog Devices Inc. | Add +0.6% | 0.42% | +0.03 |
| SCHW Schwab (charles) Corp. | Add +0.0% | 0.51% | +0.03 |
| DIS The Walt Disney Co. | Add +0.5% | 0.21% | +0.03 |
| MPC Marathon Petroleum Corp. | Add +1.3% | 0.49% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +12.8% | 0.20% | +0.02 |
| CSCO Cisco Systems Inc. | Add +0.5% | 0.81% | +0.02 |
| LVS Las Vegas Sands Corp. | Add +0.7% | 0.65% | +0.02 |
| ACA Arcosa Inc. | Add +0.4% | 0.51% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 0.36% | +0.01 |
| OKE Oneok Inc. | Add +179.0% | 0.03% | +0.01 |
| DBRG Digitalbridge Group Inc. | Add +23.9% | 0.06% | +0.01 |
| BA The Boeing Co. | Add +14.7% | 0.06% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +9.0% | 0.20% | +0.01 |
| BX Blackstone Inc. | Add +7.6% | 0.21% | +0.01 |
| META Meta Platforms Inc. Class A | Add +32.9% | 0.03% | +0.01 |
| KBDC Kayne Anderson BDC Inc. | New | 0.01% | +0.01 |
| ADBE Adobe Inc. | Add +13.6% | 0.20% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +17.5% | 0.05% | +0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.01% | +0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.01% | +0.01 |
| VTIP Vanguard Short-Term Tips | New | 0.01% | +0.01 |
| GLD SPDR Gold Shares | Add +5.8% | 0.22% | +0.00 |
| EFA iShares MSCI Eafe ETF | Add +1.3% | 0.42% | +0.00 |
| SPSB SS SPDR P St C Corp. ETF | New | 0.00% | +0.00 |
| VGIT Vanguard Intermediate-Term T | New | 0.00% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.5% | 0.04% | +0.00 |
| IWM iShares Russell 2000 ETF | Add +1.6% | 1.40% | +0.00 |
| USIG iShares Broad Usd Investment | New | 0.00% | +0.00 |
| SPMD SS SPDR P S&P 400 Midcap ETF | New | 0.00% | +0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +222.7% | 0.00% | +0.00 |
| HYLB Xtrackers Usd High Yield Cor | New | 0.00% | +0.00 |
| REET iShares Global REIT ETF | New | 0.00% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | New | 0.00% | +0.00 |
| GUNR NT Mstar GLBL NR ETF | New | 0.00% | +0.00 |
| EMLC Vaneck JPM Em Local Curr BND | New | 0.00% | +0.00 |
Notes & Other Activity Q1 2025 → Q2 2025
| AME Ametek Inc. | COM | Sold out | 0 | $0before exit |
| ITT Itt Inc. | COM | Sold out | 0 | $0before exit |
| PR Permian Resources Corp. Class A | CLASS A COM | Sold out | 0 | $0before exit |
| PCH Potlatchdeltic Corp. | COM | Sold out | 0 | $0before exit |
| ALLE Allegion PLC | ORD SHS | Sold out | 0 | $0before exit |
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 |