13F HOLDINGS REPORT
Lummis Asset Management, LP
Quarter ended Q4 2025 · Filed February 10, 2026 · Accession 0002011652-26-000001
Total Value
$162.6M
Positions
190
Other Managers
0
Confidential Omitted
No
Holdings (190)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Microsoft Corp | MSFT | 32,814 | $15.9M | 9.76% |
| 2 | Apple Computer Inc | AAPL | 54,569 | $14.8M | 9.12% |
| 3 | Matador Resources Co | MTDR | 336,232 | $14.3M | 8.78% |
| 4 | Alphabet Inc | GOOG | 32,882 | $10.3M | 6.35% |
| 5 | Berkshire Hathaway | BRK-A | 16,065 | $8.1M | 4.97% |
| 6 | Oracle Corp | ORCL-PD | 31,318 | $6.1M | 3.75% |
| 7 | General Dynamics Corp | GD | 14,846 | $5.0M | 3.07% |
| 8 | Goldman Sachs Group, Inc. | GSCE | 6,812 | $4.6M | 2.82% |
| 9 | Blackstone Minerals Company | BSMLP | 343,043 | $4.5M | 2.77% |
| 10 | Triple Flag Precious M | TFPM | 131,421 | $4.4M | 2.68% |
| 11 | Ross Stores Inc | ROST | 21,738 | $3.9M | 2.41% |
| 12 | Abbott Labs | ABLZF | 30,703 | $3.8M | 2.37% |
| 13 | Thermo Fisher Scientific | TMO | 6,508 | $3.8M | 2.32% |
| 14 | American International Group | 026874784 | 41,940 | $3.6M | 2.21% |
| 15 | Acushnet Holdings Co | GOLF | 42,932 | $3.4M | 2.11% |
| 16 | Acuity Brands Inc | AYI | 9,213 | $3.3M | 2.04% |
| 17 | Wells Fargo & Co New | 949746101 | 32,583 | $3.0M | 1.87% |
| 18 | Eli Lilly & Co. | LLY | 2,674 | $2.9M | 1.77% |
| 19 | EQUINIX INC | EQIX | 3,723 | $2.9M | 1.75% |
| 20 | Amrize Ltd | AMRZ | 51,490 | $2.8M | 1.71% |
| 21 | Johnson & Johnson | JNJ | 13,373 | $2.8M | 1.70% |
| 22 | Amern Tower Corp | 03027X100 | 15,032 | $2.6M | 1.62% |
| 23 | Exxon Mobil Corporation | XOM | 21,318 | $2.6M | 1.58% |
| 24 | Pepsico Incorporated | PEP | 17,823 | $2.6M | 1.57% |
| 25 | Dollar General Corp | 256677105 | 14,667 | $1.9M | 1.20% |
| 26 | The Charles Schwab Corp | SCHW-PJ | 19,038 | $1.9M | 1.17% |
| 27 | Amazon Com Inc | AMZN | 7,055 | $1.6M | 1.00% |
| 28 | Coca Cola Co. | KO | 22,203 | $1.6M | 0.95% |
| 29 | Abbvie Inc | ABBV | 6,229 | $1.4M | 0.88% |
| 30 | Vanguard Ftse Europe | 922042874 | 16,234 | $1.4M | 0.83% |
| 31 | Devon Energy Corp | 25179M103 | 34,939 | $1.3M | 0.79% |
| 32 | Schwab Short Term US | 808524862 | 51,780 | $1.3M | 0.78% |
| 33 | Conocophillips | COP | 12,658 | $1.2M | 0.73% |
| 34 | Vanguard Total | 921909768 | 15,081 | $1.1M | 0.70% |
| 35 | AMGEN INC | AMGN | 3,333 | $1.1M | 0.67% |
| 36 | Alphabet Inc. | GOOG | 3,347 | $1.0M | 0.64% |
| 37 | Chevrontexaco Corp | CVX | 5,994 | $913,545 | 0.56% |
| 38 | Williams Cos Inc Com | 969457100 | 15,096 | $907,420 | 0.56% |
| 39 | South St Corp | SSB | 9,015 | $848,401 | 0.52% |
| 40 | Illinois Tool Works Inc | 452308109 | 3,015 | $742,595 | 0.46% |
| 41 | First Financial Bancshares, In | 32020R109 | 24,806 | $740,955 | 0.46% |
| 42 | WHITE MOUNTAINS INSURANCE GROUP LTD | G9618E107 | 325 | $675,359 | 0.42% |
| 43 | Automatic Data Processing Corp | ADP | 2,045 | $526,035 | 0.32% |
| 44 | Cisco Systems Inc | CSCO | 6,725 | $518,027 | 0.32% |
| 45 | RTX CORPORATION COM | RTX | 2,621 | $480,691 | 0.30% |
| 46 | Lockheed Martin Corp | LMT | 840 | $406,282 | 0.25% |
| 47 | Amphenol Corp. | 032095101 | 2,935 | $396,636 | 0.24% |
| 48 | Phillips | PSX | 3,011 | $388,539 | 0.24% |
| 49 | Vanguard Total Stock | 922908769 | 933 | $312,807 | 0.19% |
| 50 | Realty Incm Corp | O | 5,493 | $309,640 | 0.19% |
| 51 | Unilever PLC | UNLYF | 4,460 | $291,683 | 0.18% |
| 52 | PFIZER INC | PFE | 11,314 | $281,718 | 0.17% |
| 53 | J.P. Morgan Chase & Co. | VYLD | 865 | $278,720 | 0.17% |
| 54 | SPDR Gold Trust | GLD | 600 | $237,786 | 0.15% |
| 55 | Brookfield Corp | 11271J107 | 4,813 | $220,869 | 0.14% |
| 56 | Meta Platforms, Inc. | META | 310 | $204,628 | 0.13% |
| 57 | Nuveen Mun Value Fd Inc | NU | 22,000 | $199,320 | 0.12% |
| 58 | Vanguard Short-Term Bond | 921937827 | 2,460 | $193,873 | 0.12% |
| 59 | Atmos Energy Corp | ATO | 1,128 | $189,087 | 0.12% |
| 60 | Nestle Sa | 641069406 | 1,781 | $176,940 | 0.11% |
| 61 | BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR | BBVXF | 6,784 | $158,135 | 0.10% |
| 62 | Central Securities Corp | 155123102 | 3,036 | $153,956 | 0.09% |
| 63 | BP PLC SPONSORED ADR | BPPFF | 4,239 | $147,220 | 0.09% |
| 64 | XCEL Energy | XELLL | 1,899 | $140,260 | 0.09% |
| 65 | Procter & Gamble Co. | 742718109 | 6,700 | $133,807 | 0.08% |
| 66 | ishares 1-3 Year Treasry | 464287457 | 1,595 | $132,098 | 0.08% |
| 67 | VANGUARD CONSUMER STAPLES ETF (MKT) | 92204A207 | 490 | $103,507 | 0.06% |
| 68 | DICK'S SPORTING GOODS INC | 253393102 | 507 | $100,370 | 0.06% |
| 69 | Bunge Limited | BG | 1,032 | $91,931 | 0.06% |
| 70 | VANGUARD DIVIDEND APPREC IDX ETF (MKT) | 921908844 | 400 | $87,912 | 0.05% |
| 71 | Kimberly Clark Corp | KMB | 854 | $86,160 | 0.05% |
| 72 | McDonald's Corp | MCD | 275 | $84,048 | 0.05% |
| 73 | Vanguard S&P 500 ETF | 922908363 | 133 | $83,408 | 0.05% |
| 74 | Unitedhealth Group | UNH | 249 | $82,197 | 0.05% |
| 75 | Visa Inc | V | 229 | $80,313 | 0.05% |
| 76 | Nvidia Corp | NVDA | 428 | $79,822 | 0.05% |
| 77 | Professionally Managed | 74316P579 | 1,097 | $71,864 | 0.04% |
| 78 | Energy Transfer Equity | ET-PI | 4,070 | $67,114 | 0.04% |
| 79 | Canadian Pac Railway | 13645T100 | 864 | $63,616 | 0.04% |
| 80 | CVS HEALTH CORPORATION | CVS | 800 | $63,488 | 0.04% |
| 81 | Southwest Airlines Co | 844741108 | 1,500 | $61,995 | 0.04% |
| 82 | Enterprise Prd Prtnrs Lp | 293792107 | 1,932 | $61,940 | 0.04% |
| 83 | Duke Energy Corporation | DUKB | 500 | $58,605 | 0.04% |
| 84 | Pimco Exch Traded Fund | 72201R833 | 541 | $54,284 | 0.03% |
| 85 | Cullen Frost Bankers | CFR-PB | 397 | $50,272 | 0.03% |
| 86 | Motorola Solutions | MSI | 117 | $44,848 | 0.03% |
| 87 | Mondelez Intl | 609207105 | 825 | $44,410 | 0.03% |
| 88 | VANGUARD PACIFIC STOCK INDEX ETF (MKT) | 922042866 | 464 | $41,945 | 0.03% |
| 89 | Brookfield Asset Mgm | 112585104 | 797 | $41,755 | 0.03% |
| 90 | KINDER MORGAN INC | EP-PC | 1,500 | $41,235 | 0.03% |
| 91 | Factset Research Systems | 303075105 | 140 | $40,627 | 0.02% |
| 92 | Vanguard Ftse Developed | 921943858 | 646 | $40,356 | 0.02% |
| 93 | INTERNATIONAL PAPER CO | 460146103 | 1,000 | $39,390 | 0.02% |
| 94 | Autodesk Inc | ADSK | 111 | $32,857 | 0.02% |
| 95 | NETFLIX INC | NFLX | 340 | $31,878 | 0.02% |
| 96 | Permian Basin Royalty Tr | 714236106 | 1,850 | $31,376 | 0.02% |
| 97 | Wal Mart Stores Inc. | WMT | 261 | $29,078 | 0.02% |
| 98 | Howard Hughes Holding Co | HHH | 340 | $27,122 | 0.02% |
| 99 | CONAGRA BRANDS INC | CAG | 1,500 | $25,965 | 0.02% |
| 100 | Broadcom Inc | AVGO | 70 | $24,227 | 0.01% |
| 101 | Tpg Inc | TPGXL | 379 | $24,195 | 0.01% |
| 102 | Idexx Labs Inc | 45168D104 | 35 | $23,679 | 0.01% |
| 103 | Medtronic Inc | MDT | 243 | $23,343 | 0.01% |
| 104 | Accenture Plc | ACN | 87 | $23,342 | 0.01% |
| 105 | Vertiv Hldg Co | VRT | 142 | $23,005 | 0.01% |
| 106 | Texas Instruments | 882508104 | 127 | $22,033 | 0.01% |
| 107 | LAMB WESTON HLDGS INC COM | LW | 500 | $20,945 | 0.01% |
| 108 | Autozone Inc | AZO | 5 | $16,958 | 0.01% |
| 109 | Raytheon Technologies Co | RTX | 92 | $16,873 | 0.01% |
| 110 | Progressive Co Ohio | 743315103 | 73 | $16,624 | 0.01% |
| 111 | Booking Holdings Inc | BKNG | 3 | $16,066 | 0.01% |
| 112 | International Business Mach. | INTR | 52 | $15,403 | 0.01% |
| 113 | Eaton Corp. | ETN | 48 | $15,288 | 0.01% |
| 114 | Vanguard Total Bond | 921937835 | 206 | $15,258 | 0.01% |
| 115 | AON Corporation | AON | 43 | $15,174 | 0.01% |
| 116 | Cognizant Tech Sol | CTSH | 180 | $14,940 | 0.01% |
| 117 | DOW INC COM | DOW | 633 | $14,799 | 0.01% |
| 118 | Invsc Qqq TRUST Srs 1 | IVZ | 23 | $14,129 | 0.01% |
| 119 | Danaher Corp. | 235851102 | 59 | $13,506 | 0.01% |
| 120 | Vertex Pharmaceutica | VRTX | 29 | $13,147 | 0.01% |
| 121 | LYONDELLBASELL INDUSTRIES NV SHS | LYB | 300 | $12,990 | 0.01% |
| 122 | Ishrs 10 Yr Invest Grade | 464289511 | 239 | $12,058 | 0.01% |
| 123 | 20 Yr Tr BD ETF | 464287432 | 110 | $9,588 | 0.01% |
| 124 | Ishares Msci Eafe Value | 464288877 | 133 | $9,498 | 0.01% |
| 125 | Jpmorgan Equity Premium | 46641Q332 | 163 | $9,330 | 0.01% |
| 126 | Costco Wholesale | 22160K105 | 10 | $8,623 | 0.01% |
| 127 | CSX Corp. | CSX | 229 | $8,301 | 0.01% |
| 128 | Linde Plc | LIN | 19 | $8,101 | 0.00% |
| 129 | Goldman Sachs Actvbeta | NVGLF | 61 | $8,075 | 0.00% |
| 130 | Lundin Mining Corp | 550372106 | 353 | $7,588 | 0.00% |
| 131 | E O G Resources Inc | EOG | 69 | $7,246 | 0.00% |
| 132 | Qualcomm, Inc. | QCOM | 42 | $7,184 | 0.00% |
| 133 | Sprott Physical Gld Slvr | SII | 150 | $6,870 | 0.00% |
| 134 | Imperial Brands Plc | 45262P102 | 151 | $6,344 | 0.00% |
| 135 | Stellar Bancorp Inc | STEL | 200 | $6,188 | 0.00% |
| 136 | Ishares Core Msci Eafe | 46432F842 | 66 | $5,904 | 0.00% |
| 137 | Ishares Silver TRUST | SLV | 85 | $5,476 | 0.00% |
| 138 | QNITY ELECTRONICS INC COMMON STOCK | Q | 66 | $5,388 | 0.00% |
| 139 | DUPONT DE NEMOURS INC | DD | 133 | $5,346 | 0.00% |
| 140 | Micron Technology | MU | 18 | $5,137 | 0.00% |
| 141 | Zoetis Inc | ZTS | 40 | $5,033 | 0.00% |
| 142 | Nextera Energy Inc | NEE-PW | 61 | $4,897 | 0.00% |
| 143 | Expand Energy Corp | EXE | 43 | $4,745 | 0.00% |
| 144 | Edwards Lifesciences | EW | 53 | $4,518 | 0.00% |
| 145 | Jpmorgan Usd Emrg Mkt | 46641Q746 | 110 | $4,440 | 0.00% |
| 146 | Prologis Inc. | PLDGP | 34 | $4,340 | 0.00% |
| 147 | Salesforce Com | CRM | 16 | $4,239 | 0.00% |
| 148 | O Reilly Automotive | 67103H107 | 45 | $4,104 | 0.00% |
| 149 | Hartford Disciplined US | 518416870 | 61 | $3,976 | 0.00% |
| 150 | General Electric Co. | GE | 12 | $3,696 | 0.00% |
| 151 | Philip Morris Intl Inc | 718172109 | 23 | $3,689 | 0.00% |
| 152 | Ishares Core Msci | 46434G103 | 54 | $3,630 | 0.00% |
| 153 | Ishares Msci Emerging | 46434G764 | 49 | $3,561 | 0.00% |
| 154 | J P Morgan Nasdaq Eqt | 46654Q203 | 60 | $3,487 | 0.00% |
| 155 | Jpmorgan International | 46654Q757 | 42 | $3,372 | 0.00% |
| 156 | Global X US Infra | 37954Y673 | 70 | $3,345 | 0.00% |
| 157 | Ishares Tr S&P Smallcap | 464287804 | 27 | $3,245 | 0.00% |
| 158 | Ntnl Fuel Gas Co | NFG | 40 | $3,202 | 0.00% |
| 159 | Everus Constr Group Inc | EVEX-WT | 37 | $3,166 | 0.00% |
| 160 | Adobe Systems, Inc. | ADBE | 9 | $3,150 | 0.00% |
| 161 | Invsc Bltshrs 2029 Corp | IVZ | 162 | $3,051 | 0.00% |
| 162 | Mdu Res Group Inc | 552690109 | 150 | $2,928 | 0.00% |
| 163 | Ishares Tr Is 1-5 Yr In | 464288646 | 55 | $2,908 | 0.00% |
| 164 | Tencent Holdings | XHLD | 36 | $2,756 | 0.00% |
| 165 | Holcim Ltd New | 43475E105 | 132 | $2,570 | 0.00% |
| 166 | Invsc S&P Small Indus | IVZ | 17 | $2,551 | 0.00% |
| 167 | United Rentals Inc | URI | 3 | $2,428 | 0.00% |
| 168 | United Airlines Hldgs | UNTCW | 21 | $2,348 | 0.00% |
| 169 | Mastercard Inc | MA | 4 | $2,284 | 0.00% |
| 170 | Novartis Ag | NVSEF | 16 | $2,206 | 0.00% |
| 171 | Ge Vernova Inc | GEV | 3 | $1,961 | 0.00% |
| 172 | Veralto Corp | VLTO | 19 | $1,896 | 0.00% |
| 173 | Ishares Msci Europe | 464289180 | 50 | $1,855 | 0.00% |
| 174 | Hartford Financial Services Gr | HIG-PG | 13 | $1,791 | 0.00% |
| 175 | Tetra Tech Inc New | TTEK | 50 | $1,677 | 0.00% |
| 176 | Roundhill Bitkrft Esprt | 53656F706 | 65 | $1,571 | 0.00% |
| 177 | Applied Materials, Inc. | 038222105 | 6 | $1,542 | 0.00% |
| 178 | Cboe Global Mkts Inc | 12503M108 | 6 | $1,506 | 0.00% |
| 179 | Frontera Energy Corpor | 35905B107 | 328 | $1,430 | 0.00% |
| 180 | Pricesmart Inc | PSMT | 11 | $1,349 | 0.00% |
| 181 | The Mosaic Co | MOS | 55 | $1,325 | 0.00% |
| 182 | Ingersoll Rand Co. | IR | 15 | $1,188 | 0.00% |
| 183 | Northrop Grumman Corp | NOC | 2 | $1,140 | 0.00% |
| 184 | Freeport-Mcmoran Inc | FCX | 21 | $1,067 | 0.00% |
| 185 | Cme Group Inc | CME | 3 | $819 | 0.00% |
| 186 | Seaport Entertainment Gr | SE | 36 | $712 | 0.00% |
| 187 | Six Flags Entmt Corp | FUN | 24 | $368 | 0.00% |
| 188 | Ge Healthcare Technologi | GEHC | 4 | $328 | 0.00% |
| 189 | Liberty Media Corp | FWONB | 2 | $166 | 0.00% |
| 190 | Millicom Intl Cellu Newf | L6388F110 | 3 | $48 | 0.00% |