ACADEMY CAPITAL MANAGEMENT INC/TX
Sector Allocation
- Technology48.9%$369.7M
- Financials23.0%$174.0M
- Healthcare15.0%$113.4M
- Consumer Discretionary9.9%$74.9M
- Communication Services1.9%$14.0M
- Energy0.8%$6.4M
- Materials0.2%$1.3M
- Other0.1%$1.0M
- Industrials0.1%$930,738
- Utilities0.1%$615,794
AUM History
13fpro.ai/research/fund/academy-capital-management-inc-tx-1031972
Conviction and streaks
Concentrating · top 10 = 75.2%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
AAPL
$79.1MTSM
$71.0MGOOG
$70.3MAMZN
$58.7MGOOGL
$55.6MBRK.B
$52.5MMA
$51.1MMETA
$47.8MMSFT
$45.8MPRI
$36.9MZTS
$35.8MUNH
$35.3MNVO
$23.0MIDXX
$18.3MSPGI
$16.7MNFLX
$14.0MPOOL
$13.0MC
$7.8MXOM.R34088
$6.1MTRV
$3.2M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/academy-capital-management-inc-tx-1031972
ACADEMY CAPITAL MANAGEMENT INC/TX 13F holdings — Q2 2026
$756.3M portfolio (+8.1% QoQ) · 36 holdings · Q2 2026 13F · top 10 are 75% of the stock portfolio
$79.1M
10.5% of stocks
-1%This quarter+13.8%Since filed10+ qtrsHeld$71.0M
9.4% of stocks
-1%This quarter-1.1%Since filed10+ qtrsHeld$70.3M
9.3% of stocks
-0.8%This quarter-8.2%Since filed10+ qtrsHeld$58.7M
7.8% of stocks
-4%This quarter-6.8%Since filed10+ qtrsHeldAIQuality67.5#363Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$55.6M
7.4% of stocks
-4%This quarter-8.2%Since filed10+ qtrsHeld$52.5M
7.0% of stocks
-0.2%This quarter—Since filed10+ qtrsHeld$51.1M
6.8% of stocks
+1%This quarter+9.6%Since filed10+ qtrsHeld$47.8M
6.3% of stocks
-3%This quarter+8.9%Since filed10+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$45.8M
6.1% of stocks
-4%This quarter+8.2%Since filed10+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$36.9M
4.9% of stocks
-0.1%This quarter-10.9%Since filed10+ qtrsHeld
All holdings — ACADEMY CAPITAL MANAGEMENT INC/TX (Q2 2026)
36 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | Zoetis Inc. | Healthcare | $35.8M | 4.7% | 498K | +118% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | UNITEDHEALTH GROUP INC | Healthcare | $35.3M | 4.7% | 85K | +0.2% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | NOVO NORDISK A Sadr | Healthcare | $23.0M | 3.0% | 479K | -33% | 7 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | IDEXX LABORATORIES INC /DE | Healthcare | $18.3M | 2.4% | 35K | +1% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | S&P Global Inc. | Financials | $16.7M | 2.2% | 41K | -0.1% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | NETFLIX INC | Communication Services | $14.0M | 1.9% | 196K | +3271% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | POOL CORP | Consumer Discretionary | $13.0M | 1.7% | 61K | -51% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | CITIGROUP INC | Financials | $7.8M | 1.0% | 56K | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | EXXON MOBIL CORP | Energy | $6.1M | 0.8% | 45K | -1% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | TRAVELERS COMPANIES, INC. | Financials | $3.2M | 0.4% | 9,617 | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Alibaba Group Holding Ltdadr | Consumer Discretionary | $2.9M | 0.4% | 30K | +19% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | CME GROUP INC. | Financials | $2.6M | 0.3% | 12K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | Stellar Bancorp, Inc. | Financials | $1.4M | 0.2% | 35K | +394% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | CORNING INC /NY | Materials | $1.3M | 0.2% | 5,215 | — | 7 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | SPDR S&P 500 ETF TRUSTetf/fund | — | $1.0M | 0.1% | 1,351 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $HBAN | HUNTINGTON BANCSHARES INC /MD/ | Financials | $919K | 0.1% | 52K | — | |||
| 27 | $V | VISA INC. | Financials | $864K | 0.1% | 2,519 | +0.7% | |||
| 28 | $NEE | NEXTERA ENERGY INC | Utilities | $616K | 0.1% | 7,016 | — | |||
| 29 | $JNJ | JOHNSON & JOHNSON | Healthcare | $463K | 0.1% | 1,823 | — | |||
| 30 | $RTX | RTX Corp | Industrials | $371K | 0.1% | 1,956 | — | |||
| 31 | $LUV | SOUTHWEST AIRLINES CO | Industrials | $335K | 0.0% | 6,521 | New | |||
| 32 | $MRK | Merck & Co., Inc. | Healthcare | $317K | 0.0% | 2,469 | — | |||
| 33 | $CVX | CHEVRON CORP | Energy | $289K | 0.0% | 1,745 | — | |||
| 34 | $TSLA | Tesla, Inc. | Consumer Discretionary | $265K | 0.0% | 631 | New | |||
| 35 | $EMR | EMERSON ELECTRIC CO | Industrials | $224K | 0.0% | 1,567 | New | |||
| 36 | $BHC | Bausch Health Companies Inc. | Healthcare | $208K | 0.0% | 42K | — |
What changed in Q2 2026
Against the previous quarter's 13F: 5 new, 8 added to, 13 trimmed, 6 sold out. Share-count changes; largest moves by dollar size first.
New positions (5)
Added to (8)
$ZTSZoetis Inc.+118%
now $35.8M · held 4 qtrs
$NFLXNETFLIX INC+3271%
now $14.0M · held 10+ qtrs
$STELStellar Bancorp, Inc.+394%
now $1.4M · held 10+ qtrs
$MAMastercard Inc+1%
now $51.1M · held 10+ qtrs
$BABAAlibaba Group Holding Ltd+19%
now $2.9M · held 10+ qtrs
$IDXXIDEXX LABORATORIES INC /DE+1%
now $18.3M · held 10+ qtrs
+2 more in the Excel export
Trimmed (13)
$POOLPOOL CORP-51%
now $13.0M · held 10+ qtrs
$NVONOVO NORDISK A S-33%
now $23.0M · held 7 qtrs
$AMZNAMAZON COM INC-4%
now $58.7M · held 10+ qtrs, 2 trims in a row
$GOOGLAlphabet Inc.-4%
now $55.6M · held 10+ qtrs, 2 trims in a row
$MSFTMICROSOFT CORP-4%
now $45.8M · held 10+ qtrs, 2 trims in a row
$METAMeta Platforms, Inc.-3%
now $47.8M · held 10+ qtrs, 2 trims in a row
+7 more in the Excel export
Holdings by quarter
Every 13F ACADEMY CAPITAL MANAGEMENT INC/TX has filed, 41 earlier quarters. Pick one to see what it held then.
Is it too late to follow ACADEMY CAPITAL MANAGEMENT?
Q2 2026 13F filed with the SEC on Aug 12, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of ACADEMY CAPITAL MANAGEMENT's top 20 holdings: 74/100 (our AI quality score, weighted by position size; 18 of the 20 are scored)
Top 10 since filing
+0.9%
Value-weighted move of the 10 largest stock positions
Turnover
6%
Last quarter; 13% over the last 4
Top 10 weight
75%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
99%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
ACADEMY CAPITAL MANAGEMENT INC/TX disclosed 36 positions worth $756.3M in its Form 13F-HR for Q2 2026, led by $AAPL (Apple Inc.) at 10.5% of the equity portfolio, followed by $TSM and $GOOG. During the quarter the fund opened 5 new positions and exited 6 — including a new stake in $CME. The portfolio is most concentrated in Technology (48.9% of disclosed assets). All figures are sourced directly from ACADEMY CAPITAL MANAGEMENT INC/TX’s Form 13F-HR filing with the SEC under CIK 1031972.
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