Lummis Asset Management, LP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Lummis Asset Management, LP maintained a portfolio of 198 distinct positions. They heavily accumulated shares in Microsoft Corp, increasing their position by 106.7%. Conversely, Lummis Asset Management, LP completely exited their position in CLOROX CO.
PCA Score Concentration Risk
Risk ENB
Total Positions
198
Quarter
2025 Q4
Top Holding
MSFT (9.8%)
Top 10 Concentration
54.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 198
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
MSFT
Microsoft Corp
Technology 9.76% 5.40% #1 3
Prev: #4
6.2 16,938 106.7%
P
S
32,814 $15,869,506 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
Apple Computer ...
Technology 9.12% 9.27% #2
Prev: #2
3.7 -839 -1.5%
P
S
54,569 $14,835,128 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MTDR
Matador Resourc...
Energy 8.78% 9.93% #3 2
Prev: #1
3.5 -225 -0.1%
P
S
336,232 $14,269,686 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
Alphabet Inc
Communication Services 6.35% 5.35% #4 2
Prev: #6
2.5 -564 -1.7%
P
S
32,882 $10,318,371 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BRK.B
Berkshire Hatha...
Financial Services 4.97% 5.38% #5
Prev: #5
2.0 -220 -1.4%
P
S
16,065 $8,075,072 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ORCL
Oracle Corp
Technology 3.75% 5.96% #6 3
Prev: #3
1.5 -969 -3.0%
P
S
31,318 $6,104,191 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GD
General Dynamic...
Industrials 3.07% 3.35% #7
Prev: #7
1.2 -131 -0.9%
P
S
14,846 $4,998,054 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GS
Goldman Sachs G...
Financial Services 2.82% 2.77% #8 1
Prev: #9
3.2 1,522 28.8%
P
S
6,812 $4,584,864 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BSM
Blackstone Mine...
Energy 2.77% 2.94% #9 1
Prev: #8
3.1 2,280 0.7%
P
S
343,043 $4,508,071 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TFPM
Triple Flag Pre...
Basic Materials 2.68% 2.60% #10 1
Prev: #11
3.2 33,115 33.7%
P
S
131,421 $4,365,805 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ROST
Ross Stores Inc
Consumer Cyclical 2.41% 2.22% #11 2
Prev: #13
1.0 -423 -1.9%
P
S
21,738 $3,915,883 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ABT
Abbott Labs
Healthcare 2.37% 2.73% #12 2
Prev: #10
0.9 -353 -1.1%
P
S
30,703 $3,846,778 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TMO
Thermo Fisher S...
Healthcare 2.32% 2.09% #13 3
Prev: #16
0.9 -57 -0.9%
P
S
6,508 $3,771,060 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AIG
American Intern...
Financial Services 2.21% 2.16% #14
Prev: #14
2.9 102 0.2%
P
S
41,940 $3,587,966 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOLF
Acushnet Holdin...
Consumer Cyclical 2.11% 2.28% #15 3
Prev: #12
0.9 -1,318 -3.0%
P
S
42,932 $3,426,832 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AYI
Acuity Brands I...
Industrials 2.04% 2.12% #16 1
Prev: #15
0.8 -145 -1.5%
P
S
9,213 $3,317,048 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WFC
Wells Fargo & C...
Financial Services 1.87% 1.84% #17 2
Prev: #19
0.8 -767 -2.3%
P
S
32,583 $3,036,736 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LLY
Eli Lilly & Co.
Healthcare 1.77% 1.34% #18 5
Prev: #23
0.7 no change no change
P
S
2,674 $2,873,694 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EQIX
EQUINIX INC
Real Estate 1.75% 1.92% #19 2
Prev: #17
0.7 no change no change
P
S
3,723 $2,852,413 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMRZ
Amrize Ltd
Basic Materials 1.71% 1.12% #20 5
Prev: #25
2.8 16,213 46.0%
P
S
51,490 $2,784,578 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
JNJ
Johnson & Johns...
Healthcare 1.70% 1.65% #21
Prev: #21
0.7 -211 -1.6%
P
S
13,373 $2,767,542 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMT
Amern Tower Cor...
Real Estate 1.62% 1.90% #22 4
Prev: #18
0.6 no change no change
P
S
15,032 $2,639,168 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XOM
Exxon Mobil Cor...
Energy 1.58% 1.60% #23 1
Prev: #22
0.6 -236 -1.1%
P
S
21,318 $2,565,408 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PEP
Pepsico Incorpo...
Consumer Defensive 1.57% 1.67% #24 4
Prev: #20
0.6 -230 -1.3%
P
S
17,823 $2,557,956 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DG
Dollar General ...
Consumer Defensive 1.20% 1.01% #25 2
Prev: #27
0.5 -193 -1.3%
P
S
14,667 $1,947,338 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CLX
CLOROX CO
Consumer Defensive 0.00% 0.14%
Sold All 😨
(Was: #57)
0.3 -1,734 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BRK/B
BP PLC SPONSORE...
Financial Services 0.00% 0.10%
Sold All 😨
(Was: #65)
0.3 -4,239 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
FBAK
FIRST NATL BK A...
Financial Services 0.00% 0.08%
Sold All 😨
(Was: #68)
0.3 -460 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
CONAGRA BRANDS ...
Unknown 0.00% 0.02%
Sold All 😨
(Was: #100)
0.3 -1,500 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
HD
Home Depot Inc.
Consumer Cyclical 0.00% 0.01%
Sold All 😨
(Was: #112)
0.3 -41 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FI
Fiserv Inc
Unknown 0.00% 0.01%
Sold All 😨
(Was: #113)
0.3 -128 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LMCB
Liberty Media C...
Unknown 0.00% 0.00%
Sold All 😨
(Was: #128)
0.3 -65 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ICE
Intrcontinental...
Financial Services 0.00% 0.00%
Sold All 😨
(Was: #144)
0.3 -15 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HON
Honeywell Int'l
Industrials 0.00% 0.00%
Sold All 😨
(Was: #154)
0.3 -5 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 198 holdings

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