SFMG, LLC
Sector Allocation
- Other42.8%$702.2M
- Technology17.7%$290.9M
- Financials15.8%$259.6M
- Energy12.8%$210.4M
- Industrials2.8%$46.0M
- Consumer Discretionary2.8%$45.2M
- Healthcare2.2%$36.7M
- Consumer Staples1.6%$26.7M
- Communication Services0.6%$9.5M
- Real Estate0.3%$5.0M
AUM History
13fpro.ai/research/fund/sfmg-llc-1512026
Conviction and streaks
Diversifying · top 10 = 60.1%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
ATO
$182.7M- PACER$154.3M
IVZ
$154.1M- GOLDMAN$123.5M
- SPDR$104.8M
- VANECK$70.8M
AAPL
$67.1MBRK.B
$54.6M- ISHARES$38.1M
AMAT
$35.8M- PACER$35.1M
NVDA
$34.6MAMD
$27.7MAMZN
$25.1MGOOG
$25.0MMSFT
$22.9M- SCHWAB$19.5M
- J$16.8M
SPY
$16.8MRTX
$13.2M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/sfmg-llc-1512026
SFMG, LLC 13F holdings — Q2 2026
$1.7B portfolio (+12.4% QoQ) · 344 holdings · Q2 2026 13F · top 10 are 60% of the stock portfolio
Includes $19.5M of put/call options ($8.7M puts, $10.9M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $1.6B. Weights use the stock portfolio.
$182.7M
11.1% of stocks
+0.2%This quarter+0.8%Since filed10+ qtrsHeld- 2
PACER FDS TR - TRENDP US LAR CP
$154.3M
9.4% of stocks
+6%This quarter—Since filed—HeldAIQuality—Est. buy— $154.1M
9.4% of stocks
+1%This quarter-11.8%Since filed10+ qtrsHeld- 4
GOLDMAN SACHS ETF TR - ACTIVEBETA US LG
$123.5M
7.5% of stocks
+2%This quarter—Since filed—HeldAIQuality—Est. buy— - 5
SPDR SERIES TRUST - ST STR MSCI USAQ
$104.8M
6.4% of stocks
+4%This quarter—Since filed—HeldAIQuality—Est. buy— - 6
VANECK ETF TRUST - MRNGSTR WDE MOAT
$70.8M
4.3% of stocks
+1%This quarter—Since filed—HeldAIQuality—Est. buy— $67.1M
4.1% of stocks
+0.1%This quarter+12.7%Since filed10+ qtrsHeld$54.6M
3.3% of stocks
-2%This quarter—Since filed10+ qtrsHeldAIQuality73.5#124Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 3 qtrs in a row- 9
ISHARES TR - CORE S&P500 ETF
$38.1M
2.3% of stocks
-3%This quarter—Since filed—HeldAIQuality—Est. buy— $35.8M
2.2% of stocks
-2%This quarter-27.5%Since filed10+ qtrsHeldAIQuality71.6#176Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 3 qtrs in a row
| # | Company | Value | Weight | This quarter | Since filed | Held | AI quality | Est. buy | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | $182.7M | 11.1% | +0.2% | +0.8% | 10+ qtrs | 58.2#1,026 | Estimated buy price is Pro: unlock with a free trial | ||
| 2 | PACER FDS TR - TRENDP US LAR CP | $154.3M | 9.4% | +6% | — | — | — | — | |
| 3 | $154.1M | 9.4% | +1% | -11.8% | 10+ qtrs | — | Estimated buy price is Pro: unlock with a free trial | ||
| 4 | GOLDMAN SACHS ETF TR - ACTIVEBETA US LG | $123.5M | 7.5% | +2% | — | — | — | — | |
| 5 | SPDR SERIES TRUST - ST STR MSCI USAQ | $104.8M | 6.4% | +4% | — | — | — | — | |
| 6 | VANECK ETF TRUST - MRNGSTR WDE MOAT | $70.8M | 4.3% | +1% | — | — | — | — | |
| 7 | $67.1M | 4.1% | +0.1% | +12.7% | 10+ qtrs | 75.7#88 | Estimated buy price is Pro: unlock with a free trial | ||
| 8 | $54.6M | 3.3% | -2% | — | 10+ qtrsTrimmed 3 qtrs in a row | 73.5#124 | Estimated buy price is Pro: unlock with a free trial | ||
| 9 | ISHARES TR - CORE S&P500 ETF | $38.1M | 2.3% | -3% | — | — | — | — | |
| 10 | $35.8M | 2.2% | -2% | -27.5% | 10+ qtrsTrimmed 3 qtrs in a row | 71.6#176 | Estimated buy price is Pro: unlock with a free trial |
All holdings — SFMG, LLC (Q2 2026)
344 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 | — | PACER FDS TR - US CASH COWS 100 | — | $35.1M | 2.1% | 564K | -0.5% | — | — | 13F |
| 12 | NVIDIA CORP | Technology | $34.6M | 2.1% | 173K | +2% | 10+ qtrsAdded 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | ADVANCED MICRO DEVICES INC | Technology | $27.7M | 1.7% | 48K | -2% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | AMAZON COM INC | Consumer Discretionary | $25.1M | 1.5% | 105K | -0.8% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Alphabet Inc. | Technology | $25.0M | 1.5% | 71K | -0.5% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | MICROSOFT CORP | Technology | $22.9M | 1.4% | 61K | +0.6% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | — | SCHWAB STRATEGIC TR - LONG TERM US | — | $19.5M | 1.2% | 622K | +15% | — | — | 13F |
| 18 | — | J P MORGAN EXCHANGE TRADED F - EQUITY PREMIUM | — | $16.8M | 1.0% | 298K | +4% | — | — | 13F |
| 19 | SPDR S&P 500 ETF TRUSTetf/fund | — | $16.8M | 1.0% | 23K | +8% | 10+ qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | RTX Corp | Industrials | $13.2M | 0.8% | 69K | -0.7% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Walmart Inc. | Consumer Staples | $12.6M | 0.8% | 111K | +2% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | Palo Alto Networks Inc | Technology | $11.9M | 0.7% | 35K | -2% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | SPDR S&P 500 ETF TRUST | — | $10.7M | — | 14K | +2% | — | — | 13F | |
| 24 | — | FIDELITY COVINGTON TRUST - DISRUPTORS ETFetf/fund | — | $10.3M | 0.6% | 254K | +9% | — | — | 13F |
| 25 | Alphabet Inc. | Technology | $8.6M | 0.5% | 24K | +4% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $CSX | CSX CORP | Industrials | $8.4M | 0.5% | 177K | -1% | |||
| 27 | $V | VISA INC. | Financials | $7.6M | 0.5% | 22K | +1% | |||
| 28 | — | SCHWAB STRATEGIC TR - US LRG CAP ETF | — | $7.6M | 0.5% | 257K | -0.9% | |||
| 29 | $NVDA PUT | NVIDIA CORP | Technology | $7.5M | — | 37K | -0.5% | |||
| 30 | $AVGO | Broadcom Inc. | Technology | $7.2M | 0.4% | 19K | +15% | |||
| 31 | $VZ | VERIZON COMMUNICATIONS INC | Communication Services | $7.0M | 0.4% | 166K | -0.9% | |||
| 32 | $COP | CONOCOPHILLIPS | Energy | $6.9M | 0.4% | 67K | -1% | |||
| 33 | $ISRG | INTUITIVE SURGICAL INC | Healthcare | $6.5M | 0.4% | 16K | +669% | |||
| 34 | $ARCC | ARES CAPITAL CORP | Other | $6.4M | 0.4% | 343K | -3% | |||
| 35 | $QQQ | INVESCO QQQ TRUST, SERIES 1 | — | $6.1M | 0.4% | 8,271 | -1% | |||
| 36 | — | FIRST TR EXCHANGE-TRADED FD - SHS | — | $6.1M | 0.4% | 18K | -9% | |||
| 37 | $NVO | NOVO NORDISK A S | Healthcare | $5.8M | 0.3% | 121K | +1% | |||
| 38 | $JPM | JPMORGAN CHASE & CO | Financials | $5.8M | 0.3% | 18K | -4% | |||
| 39 | $META | Meta Platforms, Inc. | Technology | $5.8M | 0.3% | 10K | +3% | |||
| 40 | $BXSL | Blackstone Secured Lending Fund | Other | $5.5M | 0.3% | 232K | -0.6% | |||
| 41 | $TSLA | Tesla, Inc. | Consumer Discretionary | $5.4M | 0.3% | 13K | +7% | |||
| 42 | $BLK | BlackRock, Inc. | Financials | $5.3M | 0.3% | 5,476 | -1% | |||
| 43 | — | VANGUARD INDEX FDS - S&P 500 ETF SHS | — | $5.1M | 0.3% | 7,417 | +7% | |||
| 44 | $TMO | THERMO FISHER SCIENTIFIC INC. | Healthcare | $4.9M | 0.3% | 9,852 | +1% | |||
| 45 | $SLB | SLB LIMITED/NV | Energy | $4.5M | 0.3% | 97K | -4% | |||
| 46 | $KLAC | KLA CORP | Technology | $4.4M | 0.3% | 15K | +905% | |||
| 47 | $COST | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $4.4M | 0.3% | 4,690 | +3% | |||
| 48 | — | ISHARES TR - EXPANDED TECH | — | $4.4M | 0.3% | 48K | -4% | |||
| 49 | — | FIRST TR EXCHANGE-TRADED FD - NASDAQ CYB ETF | — | $4.3M | 0.3% | 48K | +6% | |||
| 50 | $LLY | ELI LILLY & Co | Healthcare | $4.1M | 0.3% | 3,421 | +11% | |||
| 51 | $CRM | Salesforce, Inc. | Technology | $4.0M | 0.2% | 25K | -6% | |||
| 52 | $STX | Seagate Technology Holdings plc | Technology | $4.0M | 0.2% | 4,101 | +0.1% | |||
| 53 | — | VANGUARD INDEX FDS - TOTAL STK MKT | — | $3.9M | 0.2% | 11K | +31% | |||
| 54 | $JNJ | JOHNSON & JOHNSON | Healthcare | $3.8M | 0.2% | 15K | +10% | |||
| 55 | $GLD | SPDR GOLD TRUST | Financials | $3.7M | 0.2% | 9,916 | -4% | |||
| 56 | — | ISHARES TR - 20 YR TR BD ETF | — | $3.6M | 0.2% | 42K | -33% | |||
| 57 | $HON | HONEYWELL INTERNATIONAL INC | Industrials | $3.4M | 0.2% | 15K | -51% | |||
| 58 | $HONA | Honeywell Aerospace Inc. | Industrials | $3.3M | 0.2% | 15K | New | |||
| 59 | $ADBE | ADOBE INC. | Technology | $3.3M | 0.2% | 16K | -5% | |||
| 60 | $FBTC | Fidelity Wise Origin Bitcoin Fund | Financials | $3.2M | 0.2% | 63K | +11% | |||
| 61 | $XOM.R34088 | EXXON MOBIL CORP | Energy | $3.1M | 0.2% | 23K | +5% | |||
| 62 | — | SPDR SERIES TRUST - ST STR PR SP1500 | — | $2.9M | 0.2% | 31K | — | |||
| 63 | — | INNOVATOR ETFS TRUST - DEFINED WLT SHLD | — | $2.8M | 0.2% | 83K | -9% | |||
| 64 | $MU | MICRON TECHNOLOGY INC | Technology | $2.8M | 0.2% | 2,414 | -27% | |||
| 65 | $WDC | WESTERN DIGITAL CORP | Technology | $2.6M | 0.2% | 4,048 | +0.2% | |||
| 66 | $WT | WisdomTree, Inc. | Financials | $2.5M | 0.1% | 49K | — | |||
| 67 | — | SELECT SECTOR SPDR TR - ST STR CARE ETF | — | $2.5M | 0.1% | 16K | +1% | |||
| 68 | $IVZ | Invesco Ltd. | Financials | $2.4M | 0.1% | 8,044 | -1% | |||
| 69 | $MSDL | Morgan Stanley Direct Lending Fund | Other | $2.4M | 0.1% | 160K | -23% | |||
| 70 | — | VANECK ETF TRUST - SEMICONDUCTR ETF | — | $2.4M | 0.1% | 3,676 | -14% | |||
| 71 | $HLT | Hilton Worldwide Holdings Inc. | Consumer Discretionary | $2.4M | 0.1% | 7,291 | +0.3% | |||
| 72 | — | ISHARES TR - 0-3 MTH TREASURY | — | $2.4M | 0.1% | 23K | +52% | |||
| 73 | $CSCO | CISCO SYSTEMS, INC. | Technology | $2.3M | 0.1% | 19K | -11% | |||
| 74 | $BRK.A | BERKSHIRE HATHAWAY INC | Financials | $2.2M | 0.1% | 3 | — | |||
| 75 | — | AMPLIFY ETF TR - CWP ENHANCED DIV | — | $2.2M | 0.1% | 47K | -5% | |||
| 76 | $PLTR | Palantir Technologies Inc. | Technology | $2.1M | 0.1% | 18K | +2% | |||
| 77 | — | ISHARES TR - RUS 1000 GRW ETF | — | $2.1M | 0.1% | 17K | +300% | |||
| 78 | $CAT | CATERPILLAR INC | Industrials | $2.0M | 0.1% | 1,922 | +5% | |||
| 79 | $MCK | MCKESSON CORP | Consumer Staples | $2.0M | 0.1% | 2,630 | +0.2% | |||
| 80 | — | SPDR SERIES TRUST - ST STR P500GRW | — | $2.0M | 0.1% | 16K | — | |||
| 81 | $WPC | W. P. Carey Inc. | Real Estate | $1.9M | 0.1% | 26K | -20% | |||
| 82 | $DELL | Dell Technologies Inc. | Technology | $1.9M | 0.1% | 4,354 | +14% | |||
| 83 | $LULU | lululemon athletica inc. | Consumer Discretionary | $1.9M | 0.1% | 16K | +2% | |||
| 84 | $PSUS | Pershing Square USA, Ltd. | Other | $1.8M | 0.1% | 49K | New | |||
| 85 | $VRTX | VERTEX PHARMACEUTICALS INC / MA | Healthcare | $1.8M | 0.1% | 3,659 | -4% | |||
| 86 | $ETN | Eaton Corp plc | Industrials | $1.8M | 0.1% | 4,237 | -0.5% | |||
| 87 | — | INNOVATOR ETFS TRUST - US EQT PWR BUF | — | $1.8M | 0.1% | 42K | -10% | |||
| 88 | $TXN | TEXAS INSTRUMENTS INC | Technology | $1.7M | 0.1% | 5,870 | +6% | |||
| 89 | $ZTS | Zoetis Inc. | Healthcare | $1.7M | 0.1% | 24K | -2% | |||
| 90 | — | VANGUARD MUN BD FDS - TAX EXEMPT BD | — | $1.7M | 0.1% | 34K | +0.8% | |||
| 91 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $1.7M | 0.1% | 4,790 | +10% | |||
| 92 | $PEP | PEPSICO INC | Consumer Staples | $1.5M | 0.1% | 11K | +0.5% | |||
| 93 | $GRNT | Granite Ridge Resources, Inc. | Energy | $1.5M | 0.1% | 338K | +9% | |||
| 94 | $RSG | REPUBLIC SERVICES, INC. | Utilities | $1.5M | 0.1% | 6,989 | +0.2% | |||
| 95 | $DAR | DARLING INGREDIENTS INC. | Consumer Staples | $1.5M | 0.1% | 27K | — | |||
| 96 | — | FIDELITY COVINGTON TRUST - MSCI INFO TECH I | — | $1.5M | 0.1% | 5,111 | +8% | |||
| 97 | $ABBV | AbbVie Inc. | Healthcare | $1.4M | 0.1% | 5,732 | -5% | |||
| 98 | $J | JACOBS SOLUTIONS INC. | Industrials | $1.4M | 0.1% | 11K | +0.7% | |||
| 99 | $NFLX | NETFLIX INC | Communication Services | $1.4M | 0.1% | 20K | -7% | |||
| 100 | $CVX | CHEVRON CORP | Energy | $1.4M | 0.1% | 8,466 | +4% | |||
| 101 | $IBM | INTERNATIONAL BUSINESS MACHINES CORP | Technology | $1.4M | 0.1% | 4,933 | +1% | |||
| 102 | $MCD | MCDONALDS CORP | Consumer Discretionary | $1.4M | 0.1% | 5,058 | +4% | |||
| 103 | $BX | Blackstone Inc. | Financials | $1.3M | 0.1% | 11K | +1% | |||
| 104 | $GLW | CORNING INC /NY | Materials | $1.3M | 0.1% | 5,223 | +6% | |||
| 105 | $OKE | ONEOK INC /NEW/ | Energy | $1.3M | 0.1% | 15K | +0.5% | |||
| 106 | $APO | Apollo Global Management, Inc. | Financials | $1.3M | 0.1% | 11K | +0.5% | |||
| 107 | $PG | PROCTER & GAMBLE Co | Consumer Staples | $1.3M | 0.1% | 8,737 | +4% | |||
| 108 | $GEV | GE Vernova Inc. | Industrials | $1.3M | 0.1% | 1,090 | +60% | |||
| 109 | $DRI | DARDEN RESTAURANTS INC | Consumer Discretionary | $1.3M | 0.1% | 6,088 | -2% | |||
| 110 | $ADI | ANALOG DEVICES INC | Technology | $1.2M | 0.1% | 3,111 | +30% | |||
| 111 | $SHW | SHERWIN WILLIAMS CO | Materials | $1.2M | 0.1% | 3,514 | -9% | |||
| 112 | $TT | Trane Technologies plc | Technology | $1.2M | 0.1% | 2,428 | +0.7% | |||
| 113 | $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | Technology | $1.2M | 0.1% | 2,496 | +18% | |||
| 114 | $TJX | TJX COMPANIES INC /DE/ | Consumer Discretionary | $1.2M | 0.1% | 7,824 | +3% | |||
| 115 | $LOW | LOWES COMPANIES INC | Consumer Discretionary | $1.2M | 0.1% | 5,373 | +4% | |||
| 116 | — | ISHARES TR - US AER DEF ETF | — | $1.2M | 0.1% | 4,840 | -11% | |||
| 117 | $WMB | WILLIAMS COMPANIES, INC. | Energy | $1.1M | 0.1% | 15K | +0.2% | |||
| 118 | — | VANGUARD SPECIALIZED FUNDS - DIV APP ETF | — | $1.1M | 0.1% | 4,755 | +5% | |||
| 119 | $MS | MORGAN STANLEY | Financials | $1.1M | 0.1% | 5,335 | +7% | |||
| 120 | $LUV | SOUTHWEST AIRLINES CO | Industrials | $1.1M | 0.1% | 21K | +0.2% | |||
| 121 | $CI | Cigna Group | Healthcare | $1.1M | 0.1% | 3,882 | +0.5% | |||
| 122 | $PM | Philip Morris International Inc. | Consumer Staples | $1.1M | 0.1% | 5,836 | +0.8% | |||
| 123 | $KO | COCA COLA CO | Consumer Staples | $1.0M | 0.1% | 13K | +7% | |||
| 124 | $KMB | KIMBERLY CLARK CORP | Materials | $1.0M | 0.1% | 9,412 | +7% | |||
| 125 | $ASML | ASML HOLDING NV | Technology | $1.0M | 0.1% | 518 | -10% | |||
| 126 | $GE | GENERAL ELECTRIC CO | Industrials | $1.0M | 0.1% | 2,710 | +5% | |||
| 127 | — | ISHARES TR - MSCI ACWI ETF | — | $999K | 0.1% | 6,362 | — | |||
| 128 | $SSB | SouthState Bank Corp | Financials | $990K | 0.1% | 9,910 | +0.2% | |||
| 129 | — | ISHARES TR - RUS 1000 ETF | — | $989K | 0.1% | 2,416 | New | |||
| 130 | $STEL | Stellar Bancorp, Inc. | Financials | $989K | 0.1% | 25K | +0.0% | |||
| 131 | — | ISHARES TR - S&P 500 GRWT ETF | — | $978K | 0.1% | 7,111 | +39% | |||
| 132 | — | SPDR SERIES TRUST - ST STR P500VAL | — | $958K | 0.1% | 16K | +2% | |||
| 133 | $IVZ | Invesco Ltd. | Financials | $951K | 0.1% | 4,469 | +0.2% | |||
| 134 | $DE | DEERE & CO | Industrials | $945K | 0.1% | 1,490 | +4% | |||
| 135 | — | AMPLIFY ETF TR - AMPLIFY CYBERSEC | — | $936K | 0.1% | 8,920 | -7% | |||
| 136 | $UNH | UNITEDHEALTH GROUP INC | Healthcare | $917K | 0.1% | 2,207 | -1% | |||
| 137 | $PLBY | Playboy, Inc. | Consumer Discretionary | $915K | 0.1% | 750K | +9% | |||
| 138 | $BA | BOEING CO | Industrials | $893K | 0.1% | 4,125 | -2% | |||
| 139 | — | ISHARES TR - MSCI INTL VLU FT | — | $882K | 0.1% | 21K | — | |||
| 140 | — | VANGUARD INDEX FDS - GROWTH ETF | — | $879K | 0.1% | 10K | +496% | |||
| 141 | $DLR | DIGITAL REALTY TRUST, INC. | Real Estate | $871K | 0.1% | 4,848 | +0.0% | |||
| 142 | — | SCHWAB STRATEGIC TR - FUNDAMENTAL US B | — | $853K | 0.1% | 28K | — | |||
| 143 | — | ISHARES TR - RUS MID CAP ETF | — | $843K | 0.1% | 7,643 | +34% | |||
| 144 | $TRGP | Targa Resources Corp. | Energy | $841K | 0.1% | 3,138 | +0.2% | |||
| 145 | $MSCI | MSCI Inc. | Financials | $840K | 0.1% | 1,500 | +0.1% | |||
| 146 | — | DIMENSIONAL ETF TRUST - US EQUI MARK ETF | — | $827K | 0.1% | 10K | +0.0% | |||
| 147 | $CMI | CUMMINS INC | Industrials | $804K | 0.1% | 1,127 | -7% | |||
| 148 | $MA | Mastercard Inc | Financials | $780K | 0.1% | 1,519 | +5% | |||
| 149 | $LNG | Cheniere Energy, Inc. | Energy | $749K | 0.1% | 3,133 | -1% | |||
| 150 | $CRWD | CrowdStrike Holdings, Inc. | Technology | $725K | 0.0% | 950 | +16% |
What changed in Q2 2026
Against the previous quarter's 13F: 39 new, 155 added to, 92 trimmed, 23 sold out. Share-count changes; largest moves by dollar size first.
New positions (39)
$HONAHoneywell Aerospace Inc.$3.3M
first bought this quarter
$PSUSPershing Square USA, Ltd.$1.8M
first bought this quarter
- ISHARES TR - RUS 1000 ETF$989K
first bought this quarter
$SPCXSPACE EXPLORATION TECHNOLOGIES CORP$621Kfirst bought this quarter
$PSPERSHING SQUARE INC.$487K
first bought this quarter
$INTCINTEL CORP$482K
first bought this quarter
+33 more in the Excel export
Added to (155)
- PACER FDS TR - TRENDP US LAR CP+6%
now $154.3M
$ISRGINTUITIVE SURGICAL INC+669%
now $6.5M · held 5 qtrs
$KLACKLA CORP+905%
now $4.4M · held 10+ qtrs
- SPDR SERIES TRUST - ST STR MSCI USAQ+4%
now $104.8M
- GOLDMAN SACHS ETF TR - ACTIVEBETA US LG+2%
now $123.5M
- SCHWAB STRATEGIC TR - LONG TERM US+15%
now $19.5M
+149 more in the Excel export
Trimmed (92)
$HONHONEYWELL INTERNATIONAL INC-51%
now $3.4M · held 10+ qtrs
- ISHARES TR - 20 YR TR BD ETF-33%
now $3.6M
now $54.6M · held 10+ qtrs, 3 trims in a row
- ISHARES TR - CORE S&P500 ETF-3%
now $38.1M
$MUMICRON TECHNOLOGY INC-27%
now $2.8M · held 4 qtrs
$MSDLMorgan Stanley Direct Lending Fund-23%
now $2.4M · held 7 qtrs, 3 trims in a row
+86 more in the Excel export
Holdings by quarter
Every 13F SFMG, LLC has filed, 40 earlier quarters. Pick one to see what it held then.
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Q2 2026 13F filed with the SEC on Aug 13, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of SFMG's top 20 holdings: 69/100 (our AI quality score, weighted by position size; 18 of the 20 are scored)
Top 10 since filing
-3.3%
Value-weighted move of the 10 largest stock positions
Turnover
2%
Last quarter; 8% over the last 4
Top 10 weight
60%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
98%
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
SFMG, LLC disclosed 344 positions worth $1.7B in its Form 13F-HR for Q2 2026 — $1.6B in common stock plus $19.5M of put/call option positions (reported at underlying notional value, not premium at risk), led by $ATO (ATMOS ENERGY CORP) at 11.1% of the equity portfolio. During the quarter the fund opened 39 new positions and exited 23 — including a new stake in $HONA and a full exit from $MDT. The portfolio is most concentrated in Other (42.8% of disclosed assets). All figures are sourced directly from SFMG, LLC’s Form 13F-HR filing with the SEC under CIK 1512026.
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AI-Powered Hedge Fund Analysis: SFMG, LLC
13F Pro is an AI hedge fund tracker and stock research platform. For SFMG, LLC (SEC CIK: 1512026), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in SFMG, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.