Lummis Asset Management, LP

CIK: 0002011652SEC EDGAR →

Portfolio Value

$162.6M

Holdings

189

As of

Q4 2025

New Positions

7

Closed Positions

8

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

Microsoft Corp

32,814$15.9M
9.76%
2

Apple Computer Inc

54,569$14.8M
9.12%
3

Matador Resources Co

336,232$14.3M
8.78%
4

Alphabet Inc

32,882$10.3M
6.35%
5

Berkshire Hathaway

16,065$8.1M
4.97%
6

Oracle Corp

31,318$6.1M
3.75%
7

General Dynamics Corp

14,846$5.0M
3.07%
8

Goldman Sachs Group, Inc.

6,812$4.6M
2.82%
9

Blackstone Minerals Company

343,043$4.5M
2.77%
10

Triple Flag Precious M

131,421$4.4M
2.68%

Quarterly Changes

Top Buys

MSFT↑ Increased
$7.6M
SCHW↑ Increased
$1.1M
AMRZ↑ Increased
$1.1M
RTX↑ Increased
$465K
TFPM↑ Increased
$403K

Top Sells

ORCL↓ Decreased
$3.0M
GOOG↓ Decreased
$2.2M
MTDR↓ Decreased
$848K
AAPL↓ Decreased
$726K
TMO↓ Decreased
$587K

New Positions (41)

$158K · 7K shares
$91K · 1K shares
$71K · 1K shares
$25K · 2K shares
$23K · 243 shares
$14K · 23 shares
$12K · 239 shares
$9K · 110 shares
$9K · 133 shares
$9K · 163 shares
$8K · 61 shares
$6K · 151 shares
$6K · 150 shares
$5K · 66 shares
$5K · 18 shares
$5K · 66 shares
$4K · 110 shares
$3K · 54 shares
$3K · 37 shares
$3K · 162 shares
$3K · 49 shares
$3K · 27 shares
$3K · 70 shares
$3K · 60 shares
$3K · 61 shares
$3K · 40 shares
$3K · 42 shares
$2K · 17 shares
$2K · 132 shares
$2K · 16 shares
$2K · 55 shares
$2K · 150 shares
$1K · 50 shares
$1K · 55 shares
$1K · 50 shares
$1K · 2 shares
$1K · 6 shares
$1K · 21 shares
$1K · 11 shares
$1K · 13 shares
$0 · 3 shares

Closed Positions (11)

$214K · 2K shares
$146K · 4K shares
$144K · 7K shares
$125K · 460 shares
$27K · 2K shares
$20K · 213 shares
$17K · 41 shares
$17K · 128 shares
$7K · 65 shares
Intrcontinentalexchange
$3K · 15 shares
$1K · 5 shares

Sector Breakdown

Sector# HoldingsValue%
Technology21$38.2M23.5%
Financial Services52$28.7M17.6%
Energy16$26.4M16.2%
Healthcare16$16.3M10.0%
Communication Services6$11.6M7.1%
Industrials19$10.6M6.5%
Consumer Cyclical10$9.2M5.7%
Basic Materials8$7.2M4.4%
Consumer Defensive13$6.8M4.2%
Real Estate6$5.8M3.6%
Unknown18$1.4M0.9%
Utilities5$392K0.2%