TCTC Holdings, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), TCTC Holdings, LLC reported 616 stock positions worth $3.3 billion. Its top holding was HF Sinclair (DINO) at 17.0% of the portfolio, followed by Microsoft (MSFT, 4.8%) and JPMorgan Chase (JPM, 3.7%). Compared with Q3 2025, it opened 11 new positions, sold out of 11, added to 51 and reduced 104. The biggest buy was Freeport-McMoran (FCX, shares +0%) and the biggest sale HF Sinclair (DINO, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001483870
- Portfolio Value
- $3.3B (Q4 2025)
- SEC Filing
- 0001483870-26-000001 ↗ filed Feb 12, 2026
Holdings Value
Holdings 616 stocks · $3.3B
| DINO HF Sinclair Corp. | 16.98% | 12,331,278 | $568.2M | Reduce 0.0% |
| MSFT Microsoft Corp. | 4.85% | 335,353 | $162.2M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 3.72% | 386,112 | $124.4M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.53% | 234,727 | $118.0M | Reduce 0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 3.13% | 353,664 | $104.8M | Reduce -0.1% |
| WM Waste Management Inc. | 3.00% | 457,662 | $100.6M | Add +0.5% |
| AFL Aflac Inc. | 2.67% | 809,298 | $89.2M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 2.58% | 274,683 | $86.2M | Reduce -1.3% |
| AAPL Apple Inc. | 2.50% | 308,207 | $83.8M | Reduce -4.0% |
| CB Chubb Ltd. | 2.25% | 241,316 | $75.3M | Reduce -0.3% |
| UBER Uber Technologies Inc. | 2.10% | 858,305 | $70.1M | Add +0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.77% | 1,080,066 | $59.4M | Reduce -0.6% |
| LIN Linde PLC | 1.65% | 129,638 | $55.3M | Add +1.2% |
| NVS Novartis AG-Sponsored ADR | 1.62% | 394,089 | $54.3M | Add +0.7% |
| WMB Williams Cos Inc. | 1.60% | 892,675 | $53.7M | Reduce -0.2% |
| IWM iShares Russell 2000 ETF | 1.46% | 198,982 | $49.0M | Reduce -1.9% |
| QCOM Qualcomm Inc. | 1.35% | 265,125 | $45.3M | Reduce -0.5% |
| ORI Old Republic Intl Corp. | 1.34% | 982,506 | $44.8M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 1.32% | 191,079 | $44.1M | Reduce -3.1% |
| AON Aon PLC Class A | 1.27% | 120,161 | $42.4M | Add +0.1% |
| RNR Renaissancere Holdings Ltd. | 1.26% | 150,000 | $42.2M | No change |
| FCX Freeport-McMoran Inc. | 1.15% | 756,133 | $38.4M | Add +0.2% |
| CRM Salesforce Inc. | 1.00% | 126,048 | $33.4M | Reduce -1.2% |
| PFE Pfizer Inc. | 0.92% | 1,235,561 | $30.8M | Reduce -1.5% |
| ABBV Abbvie Inc. | 0.91% | 133,875 | $30.6M | Reduce -1.0% |
| LVS Las Vegas Sands Corp. | 0.89% | 456,719 | $29.7M | Reduce -0.3% |
| WMT Walmart Inc. | 0.88% | 264,806 | $29.5M | Reduce -0.3% |
| CVS CVS Health Corp. | 0.87% | 368,927 | $29.3M | Reduce -0.2% |
| UNH Unitedhealth Group Inc. | 0.87% | 87,779 | $29.0M | Reduce -0.1% |
| PEP Pepsico Inc. | 0.85% | 199,391 | $28.6M | Reduce -0.3% |
| LOW Lowe's Cos Inc. | 0.85% | 118,440 | $28.6M | Reduce -0.6% |
| NEE Nextera Energy Inc. | 0.84% | 351,632 | $28.2M | Add +0.5% |
| PM Philip Morris International | 0.84% | 174,834 | $28.0M | Reduce -1.0% |
| CFR Cullen/Frost Bankers Inc. | 0.82% | 218,020 | $27.6M | Reduce -0.1% |
| CSCO Cisco Systems Inc. | 0.82% | 357,437 | $27.5M | Reduce -0.3% |
| PSX Phillips 66 | 0.80% | 207,980 | $26.8M | Reduce -0.3% |
| NVDA Nvidia Corp. | 0.75% | 134,947 | $25.2M | Reduce -0.1% |
| COP Conocophillips | 0.66% | 236,333 | $22.1M | Reduce -0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.64% | 31,422 | $21.4M | Add +29.9% |
| MRK Merck & Co. Inc. | 0.63% | 201,792 | $21.2M | Reduce -0.6% |
| RTX RTX Corp. | 0.63% | 115,391 | $21.2M | Reduce -0.5% |
| BMY Bristol-Myers Squibb Co. | 0.63% | 388,538 | $21.0M | Reduce -0.1% |
| EG Everest Group Ltd. | 0.62% | 61,080 | $20.7M | Reduce -0.0% |
| MO Altria Group Inc. | 0.62% | 357,279 | $20.6M | No change |
| ACA Arcosa Inc. | 0.58% | 183,024 | $19.5M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 0.58% | 62,025 | $19.4M | Reduce -1.5% |
| GE General Electric filed as GE AEROSPACE | 0.55% | 60,069 | $18.5M | No change |
| INTC Intel Corp. | 0.53% | 480,224 | $17.7M | No change |
| SCHW Schwab (charles) Corp. | 0.52% | 175,581 | $17.5M | Reduce -0.1% |
| MMM 3M Co. | 0.50% | 104,630 | $16.8M | No change |
| OXY Occidental Petroleum Corp. | 0.49% | 396,640 | $16.3M | Reduce -1.7% |
| CBRE CBRE Group Inc. Class A | 0.47% | 98,871 | $15.9M | No change |
| CMCSA Comcast Corp. Class A | 0.45% | 504,870 | $15.1M | Reduce -3.0% |
| VZ Verizon Communications Inc. | 0.45% | 366,735 | $14.9M | Add +0.2% |
| ADI Analog Devices Inc. | 0.44% | 54,467 | $14.8M | Reduce -0.9% |
| MPC Marathon Petroleum Corp. | 0.44% | 89,546 | $14.6M | Reduce -0.5% |
| EFA iShares MSCI Eafe ETF | 0.42% | 145,959 | $14.0M | Add +0.6% |
| EMR Emerson Electric Co. | 0.42% | 105,154 | $14.0M | Reduce -1.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.41% | 259,034 | $13.7M | Reduce -2.0% |
| TRN Trinity Industries Inc. | 0.40% | 504,698 | $13.3M | Reduce -0.2% |
| TXN Texas Instruments Inc. | 0.38% | 72,531 | $12.6M | Add +5.6% |
| JNJ Johnson & Johnson | 0.37% | 59,125 | $12.2M | Add +0.0% |
| ABT Abbott Laboratories | 0.34% | 90,789 | $11.4M | Reduce -1.9% |
| MDLZ Mondelez International Inc. Class A | 0.33% | 202,976 | $10.9M | Add +0.5% |
| AMGN Amgen Inc. | 0.33% | 33,339 | $10.9M | Reduce -0.6% |
| IJR iShares Core S&P Small-Cap E | 0.32% | 88,543 | $10.6M | Add +0.5% |
| V Visa Inc. Class A | 0.32% | 30,315 | $10.6M | Add +2.4% |
| EEM iShares MSCI Emerging Market | 0.31% | 186,890 | $10.2M | Reduce -2.2% |
| GEV GE Vernova Inc. | 0.29% | 14,948 | $9.8M | No change |
| PG The Procter & Gamble Co. | 0.28% | 66,044 | $9.5M | Reduce -3.5% |
| ADP Automatic Data Processing | 0.27% | 35,306 | $9.1M | Add +4.9% |
| SO The Southern Co. | 0.26% | 101,312 | $8.8M | Reduce -0.5% |
| GLD SPDR Gold Shares | 0.26% | 22,247 | $8.8M | Add +1.6% |
| XOM Exxon Mobil Corp. | 0.24% | 66,872 | $8.0M | Reduce -0.3% |
| MAIN Main Street Capital Corp. | 0.23% | 126,791 | $7.7M | Add +2.4% |
| CVX Chevron Corp. | 0.23% | 50,031 | $7.6M | Reduce -2.6% |
| SYK Stryker Corp. | 0.21% | 20,473 | $7.2M | Add +0.6% |
| IJH iShares Core S&P Midcap ETF | 0.21% | 108,059 | $7.1M | Add +0.3% |
| KO The Coca-Cola Co. | 0.20% | 96,383 | $6.7M | Reduce -0.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.20% | 64,998 | $6.7M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 0.19% | 9,388 | $6.4M | Reduce -0.6% |
| ALC Alcon Inc. filed as ALCON AG | 0.19% | 80,221 | $6.3M | Add +7.8% |
| EBAY eBay Inc. | 0.19% | 72,039 | $6.3M | Reduce -0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.18% | 52,815 | $6.0M | Reduce -0.4% |
| LLY Eli Lilly & Co. | 0.18% | 5,589 | $6.0M | Add +16.5% |
| COF Capital One Financial Corp. | 0.15% | 21,149 | $5.1M | No change |
| ZTS Zoetis Inc. | 0.15% | 40,519 | $5.1M | Add +1.3% |
| AXP American Express Co. | 0.15% | 13,699 | $5.1M | Reduce -3.3% |
| PYPL PayPal Holdings Inc. | 0.15% | 86,470 | $5.0M | Reduce -4.8% |
| COST Costco Wholesale Corp. | 0.14% | 5,361 | $4.6M | Reduce -1.7% |
| UPS United Parcel Service Class B | 0.14% | 45,867 | $4.5M | Reduce -0.5% |
| OKE Oneok Inc. | 0.13% | 61,412 | $4.5M | Add +9.1% |
| ADBE Adobe Inc. | 0.13% | 12,594 | $4.4M | Reduce -21.8% |
| MS Morgan Stanley | 0.12% | 21,762 | $3.9M | No change |
| MDT Medtronic PLC | 0.11% | 39,993 | $3.8M | Reduce -0.2% |
| DBRG Digitalbridge Group Inc. | 0.11% | 247,442 | $3.8M | Add +39.2% |
| BSV Vanguard Short-Term Bond ETF | 0.11% | 47,755 | $3.8M | No change |
| BX Blackstone Inc. | 0.11% | 23,766 | $3.7M | Reduce -42.6% |
| BA The Boeing Co. | 0.11% | 16,572 | $3.6M | Add +53.0% |
| XLF SS Financial Select Sector | 0.11% | 64,754 | $3.5M | Reduce -0.6% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $722 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 240 | $722 | No change |
Total filed on the 13F, all lines: $3.3B.
Portfolio Sells Q3 2025 → Q4 2025
| DINO HF Sinclair Corp. | Reduce 0.0% | 16.98% | −2.17 |
| MSFT Microsoft Corp. | Reduce -0.2% | 4.85% | −0.32 |
| ORCL Oracle Corp. | Reduce -60.8% | 0.04% | −0.12 |
| BX Blackstone Inc. | Reduce -42.6% | 0.11% | −0.10 |
| MPC Marathon Petroleum Corp. | Reduce -0.5% | 0.44% | −0.08 |
| OXY Occidental Petroleum Corp. | Reduce -1.7% | 0.49% | −0.08 |
| WMB Williams Cos Inc. | Reduce -0.2% | 1.60% | −0.08 |
| PSX Phillips 66 | Reduce -0.3% | 0.80% | −0.04 |
| ADBE Adobe Inc. | Reduce -21.8% | 0.13% | −0.04 |
| MAC The Macerich Co. | Reduce -80.0% | 0.01% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -0.6% | 0.85% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -3.0% | 0.45% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -0.1% | 0.87% | −0.03 |
| DEO Diageo PLC-Sponsored ADR | Reduce -18.6% | 0.09% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -4.8% | 0.15% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -3.5% | 0.28% | −0.03 |
| PFE Pfizer Inc. | Reduce -1.5% | 0.92% | −0.03 |
| ABT Abbott Laboratories | Reduce -1.9% | 0.34% | −0.03 |
| SO The Southern Co. | Reduce -0.5% | 0.26% | −0.02 |
| TRN Trinity Industries Inc. | Reduce -0.2% | 0.40% | −0.02 |
| AFL Aflac Inc. | Reduce -0.1% | 2.67% | −0.02 |
| CRK Comstock Resources Inc. | Reduce -52.0% | 0.02% | −0.02 |
| EG Everest Group Ltd. | Reduce -0.0% | 0.62% | −0.02 |
| ABBV Abbvie Inc. | Reduce -1.0% | 0.91% | −0.01 |
| PM Philip Morris International | Reduce -1.0% | 0.84% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -1.7% | 0.14% | −0.01 |
| LNG Cheniere Energy Inc. | Reduce -34.4% | 0.01% | −0.01 |
| CVX Chevron Corp. | Reduce -2.6% | 0.23% | −0.01 |
| T AT&T Inc. | Reduce -7.0% | 0.04% | −0.01 |
| EBAY eBay Inc. | Reduce -0.3% | 0.19% | −0.01 |
| COP Conocophillips | Reduce -0.7% | 0.66% | −0.01 |
| DHR Danaher Corp. | Reduce -27.3% | 0.04% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -2.0% | 0.41% | −0.01 |
| BR Broadridge Financial Solutio | Reduce -8.3% | 0.04% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -20.6% | 0.02% | −0.00 |
| KYN Kayne Anderson Energy Infra | Reduce -13.4% | 0.02% | −0.00 |
| TRGP Targa Resources Corp. | Reduce -23.0% | 0.02% | −0.00 |
| VBTX Veritex Holdings Inc. | Sold out | 0.00% | −0.00 |
| ETN Eaton Corp. PLC | Reduce -14.8% | 0.01% | −0.00 |
| SPR Spirit Aerosystems Hold Class A | Sold out | 0.00% | −0.00 |
| K Kellanova | Sold out | 0.00% | −0.00 |
| DD Dupont DE Nemours Inc. | Reduce -0.4% | 0.00% | −0.00 |
| GD General Dynamics Corp. | Reduce -1.7% | 0.10% | −0.00 |
| KBDC Kayne Anderson BDC Inc. | Reduce -33.3% | 0.01% | −0.00 |
| HAL Halliburton Co. | Reduce -75.8% | 0.00% | −0.00 |
| UNP Union Pacific Corp. | Reduce -2.9% | 0.03% | −0.00 |
| FTV Fortive Corp. | Reduce -60.0% | 0.00% | −0.00 |
| TMO Thermo Fisher Scientific Inc. | Reduce -61.4% | 0.00% | −0.00 |
| NKE Nike Inc. Class B | Reduce -6.2% | 0.01% | −0.00 |
| XPHDX Pioneer Floating Rate Fund | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| FCX Freeport-McMoran Inc. | Add +0.2% | 1.15% | +0.27 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +29.9% | 0.64% | +0.16 |
| NVS Novartis AG-Sponsored ADR | Add +0.7% | 1.62% | +0.13 |
| LLY Eli Lilly & Co. | Add +16.5% | 0.18% | +0.07 |
| NEE Nextera Energy Inc. | Add +0.5% | 0.84% | +0.06 |
| DBRG Digitalbridge Group Inc. | Add +39.2% | 0.11% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +265.5% | 0.06% | +0.05 |
| JNJ Johnson & Johnson | Add +0.0% | 0.37% | +0.04 |
| BA The Boeing Co. | Add +53.0% | 0.11% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | Add +205.4% | 0.05% | +0.03 |
| GLD SPDR Gold Shares | Add +1.6% | 0.26% | +0.03 |
| IVE iShares S&P 500 Value ETF | Add +417.4% | 0.04% | +0.03 |
| SHEL Shell PLC-ADR | Add +118.1% | 0.05% | +0.03 |
| FMX Fomento Economico Mex-SP ADR | New | 0.03% | +0.03 |
| SAP Sap SE-Sponsored ADR | New | 0.03% | +0.03 |
| QUAL iShares MSCI USA Quality Fac | Add +262.1% | 0.03% | +0.02 |
| ALC Alcon Inc. | Add +7.8% | 0.19% | +0.02 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Add +6942.6% | 0.02% | +0.02 |
| MFC Manulife Financial Corp. | New | 0.02% | +0.02 |
| SONY Sony Group Corp. - SP ADR | New | 0.02% | +0.02 |
| WM Waste Management Inc. | Add +0.5% | 3.00% | +0.02 |
| RIO Rio Tinto PLC-Spon ADR | Add +371.1% | 0.02% | +0.02 |
| V Visa Inc. Class A | Add +2.4% | 0.32% | +0.02 |
| EFA iShares MSCI Eafe ETF | Add +0.6% | 0.42% | +0.02 |
| MTUM iShares MSCI USA Momentum Fa | Add +184.2% | 0.03% | +0.02 |
| BAP Credicorp Ltd. | New | 0.02% | +0.02 |
| NTES Netease Inc.-ADR | New | 0.01% | +0.01 |
| OKE Oneok Inc. | Add +9.1% | 0.13% | +0.01 |
| RYAAY Ryanair Holdings PLC-SP ADR | New | 0.01% | +0.01 |
| PGR Progressive Corp. | Add +29.7% | 0.07% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +120.3% | 0.01% | +0.01 |
| CNI Canadian Natl Railway Co. | Add +7305.9% | 0.01% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +0.5% | 0.32% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +0.3% | 0.21% | +0.00 |
| HBAN Huntington Bancshares Inc. | New | 0.00% | +0.00 |
| WFC Wells Fargo & Co. | Add +0.2% | 0.02% | +0.00 |
| TXN Texas Instruments Inc. | Add +5.6% | 0.38% | +0.00 |
| FENI Fidelity Enhanced Intl ETF | Add +1.0% | 0.02% | +0.00 |
| GBCI Glacier Bancorp Inc. | New | 0.00% | +0.00 |
| XLE SS Energy Select Sector | Add +1.6% | 0.02% | +0.00 |
| BETA Beta Technologies Inc. Class A | New | 0.00% | +0.00 |
| ECC Eagle Point Credit Co. | Add +45.5% | 0.00% | +0.00 |
| EIC Eagle Point Income Co.-USA Inc. | Add +38.5% | 0.00% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.2% | 0.01% | +0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.1% | 0.01% | +0.00 |
| AVDE Avantis International Equity | New | 0.00% | 0.00 |
| BF.B Brown-Forman Corp. Class B | Add +0.8% | 0.00% | 0.00 |
| SCZ iShares MSCI Eafe Small-Cap | Add +1.6% | 0.00% | 0.00 |
| ICE Intercontinental Exchange Inc. | Add +3.0% | 0.03% | −0.00 |
| ENTG Entegris Inc. | Add +0.1% | 0.00% | −0.00 |
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 |