Lummis Asset Management, LP FFIN — First Financial Bancshares Inc

Ownership history in Lummis Asset Management, LP  ·  10 quarters on record

AI Ownership Summary

Lummis Asset Management, LP reported First Financial Bancshares Inc (FFIN) in 10 quarterly 13F filings from 2023 Q4 through 2026 Q1. Peak portfolio weight reached 0.61% in 2025 Q1. The latest visible filing shows FFIN at 0.46% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this FFIN ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Lummis Asset Management, LP's position in First Financial Bancshares Inc, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

FFIN was reported at 0.46% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.61% in 2025 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

FFIN stock page Lummis Asset Management, LP fund profile Lummis Asset Management, LP full holdings
How Lummis Asset Management, LP held FFIN — position size vs. price
% of Fund (quarterly)    FFIN price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 10 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED — — — 24,673 -133 -0.5% 0.46% $762K 2026-05-11 $31.48
2025 Q4 REDUCED — — — 24,806 -248 -1.0% 0.46% $741K 2026-02-10 $33.45
2025 Q3 REDUCED — — — 25,054 -62 -0.2% 0.55% $843K 2025-11-10 $30.86
2025 Q2 UNCHANGED — — — 25,116 — 0% 0.58% $879K 2025-08-11 $33.30
2025 Q1 ADDED — — — 25,116 +12,651 +101.5% 0.61% $872K 2025-05-15 $35.14
2024 Q4 UNCHANGED — — — 12,465 — 0% 0.57% $449K 2025-01-15 $35.83
2024 Q3 UNCHANGED — — — 12,465 — 0% 0.54% $461K 2024-11-06 $40.64
2024 Q2 UNCHANGED — — — 12,465 — 0% 0.49% $368K 2024-08-14 $33.10
2024 Q1 REDUCED 50.8% -11.4% ✅ 12,465 -12,858 -50.8% 0.55% $409K 2024-05-17 $30.41
2023 Q4 INITIATED — — — 25,323 — — 0.59% $767K 2024-02-14 $29.44

🏢 Other funds also holding FFIN

As of 2026 Q1 — sorted by position size

Excelsior Advisor Network LLC 2.63% Rosenthal | Henry Capital Advisors, Inc. 3Y 7Y 2.16% Laurus Global Equity Management Inc. 3Y 1.17% Phocas Financial Corp. 3Y 7Y 0.9% Bridge City Capital, LLC 3Y 7Y 0.8% Smart Money Group LLC 3Y 7Y 0.69% Watchman Group, Inc. 3Y 0.68% CFM WEALTH PARTNERS LLC 3Y 0.63% Strategic Financial Concepts, LLC 0.58% EverSource Wealth Advisors, LLC 3Y 0.47%

FAQ About Lummis Asset Management, LP and FFIN

These are the practical questions this page is built to answer before you even open the full history table.

How long has Lummis Asset Management, LP reported owning FFIN?

Lummis Asset Management, LP reported FFIN across 10 quarterly 13F filings, from 2023 Q4 through 2026 Q1.

What was the largest reported FFIN position in Lummis Asset Management, LP's portfolio?

The largest reported portfolio weight for FFIN was 0.61% in 2025 Q1.

What is the latest reported FFIN position on this page?

The most recent filing on this page is 2026 Q1, when Lummis Asset Management, LP reported 24,673 shares, equal to 0.46% of portfolio, with an estimated market value of $762K.

What does the chart on this FFIN ownership page compare?

The chart compares Lummis Asset Management, LP's quarterly FFIN portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Lummis Asset Management, LP time their FFIN position?

Based on 13F filing dates vs. subsequent FFIN price moves, Lummis Asset Management, LP correctly timed 2 out of 5 reported position changes (40%). The annualised alpha on FFIN relative to SPY over the holding period was -9.9%.

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