SFMG, LLC Q3 2025 Filing

Filed November 13, 2025

Portfolio Value

$1.4T

Holdings

307

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (307 positions)

#StockSharesValue% PortfolioType
1
ATOATMOS ENERGY CORP
1,042,142$177.9B12.34%
2
PTLCPACER FDS TR
2,353,536$128.9B8.93%
3
SPHQINVESCO EXCHANGE TRADED FD T
1,651,542$121.0B8.39%
4
GSLCGOLDMAN SACHS ETF TR
817,660$106.5B7.38%
5
QUSSPDR SERIES TRUST
523,978$89.7B6.22%
6
MOATVANECK ETF TRUST
631,116$62.5B4.34%
7
BRK/BBERKSHIRE HATHAWAY INC DEL
116,424$58.5B4.06%
8
AAPLAPPLE INC
220,068$56.0B3.88%
9
COWZPACER FDS TR
923,914$53.1B3.68%
10
IVVISHARES TR
53,170$35.6B2.47%
11
MSFTMICROSOFT CORP
65,063$33.7B2.34%
12
NVDANVIDIA CORPORATION
151,400$28.2B1.96%
13
AMZNAMAZON COM INC
103,326$22.7B1.57%
14
GOOGALPHABET INC
74,593$18.2B1.26%
15
JEPIJ P MORGAN EXCHANGE TRADED F
273,949$15.6B1.08%
16
SCHQSCHWAB STRATEGIC TR
418,134$13.5B0.94%
17
SPYSPDR S&P 500 ETF TR
19,749$13.2B0.91%
18
RTXRTX CORPORATION
72,677$12.2B0.84%
19
WMTWALMART INC
117,119$12.1B0.84%
20
AMATAPPLIED MATLS INC
52,300$10.7B0.74%
21
AMDADVANCED MICRO DEVICES INC
59,637$9.6B0.67%
22
TLTISHARES TR
85,163$7.6B0.53%
23
METAMETA PLATFORMS INC
10,316$7.6B0.53%
24
FDIFFIDELITY COVINGTON TRUST
211,653$7.5B0.52%
25
ARCCARES CAPITAL CORP
365,144$7.5B0.52%
26
VVISA INC
21,735$7.4B0.51%
27
BACVERIZON COMMUNICATIONS INC
165,444$7.3B0.50%
28
PANWPALO ALTO NETWORKS INC
35,435$7.2B0.50%
29
SCHXSCHWAB STRATEGIC TR
257,404$6.8B0.47%
30
BXSLBLACKSTONE SECD LENDING FD
248,314$6.5B0.45%
31
COPCONOCOPHILLIPS
68,223$6.5B0.45%
32
NDQINVESCO QQQ TR
10,749$6.5B0.45%
33
HONHONEYWELL INTL INC
30,229$6.4B0.44%
34
BLKBLACKROCK INC
5,456$6.4B0.44%
35
CSXCSX CORP
178,191$6.3B0.44%
36
NVONOVO-NORDISK A S
110,360$6.1B0.42%
37
IGVISHARES TR
53,118$6.1B0.42%
38
CRMSALESFORCE INC
24,981$5.9B0.41%
39
ADBEADOBE INC
16,614$5.9B0.41%
40
GOOGLALPHABET INC
22,455$5.5B0.38%
41
AVGOBROADCOM INC
15,992$5.3B0.37%
42
TSLATESLA INC
11,354$5.0B0.35%
43
QTECFIRST TR EXCHANGE-TRADED FD
21,958$5.0B0.35%
44
MDTMEDTRONIC PLC
50,814$4.8B0.34%
45
JPMJPMORGAN CHASE & CO.
15,195$4.8B0.33%
46
TMOTHERMO FISHER SCIENTIFIC INC
9,697$4.7B0.33%
47
FBTCFIDELITY WISE ORIGIN BITCOIN
45,551$4.5B0.32%
48
MSDLMORGAN STANLEY DIRECT LENDIN
259,345$4.2B0.29%
49
VOOVANGUARD INDEX FDS
6,523$4.0B0.28%
50
SLBSCHLUMBERGER LTD
108,207$3.7B0.26%
51
GQ9SPDR GOLD TR
10,222$3.6B0.25%
52
ZTSZOETIS INC
21,883$3.2B0.22%
53
CIBRFIRST TR EXCHANGE TRADED FD
41,789$3.2B0.22%
54
COSTCOSTCO WHSL CORP NEW
3,370$3.1B0.22%
55
DOCHEALTHPEAK PROPERTIES INC
152,122$2.9B0.20%
56
DDTOINNOVATOR ETFS TRUST
86,646$2.8B0.20%
57
VTIVANGUARD INDEX FDS
8,192$2.7B0.19%
58
WPCWP CAREY INC
38,498$2.6B0.18%
59
KMIKINDER MORGAN INC DEL
90,438$2.6B0.18%
60
LULULULULEMON ATHLETICA INC
14,294$2.5B0.18%
61
SPTMSPDR SERIES TRUST
31,434$2.5B0.18%
62
PLTRPALANTIR TECHNOLOGIES INC
13,679$2.5B0.17%
63
JNJJOHNSON & JOHNSON
12,633$2.3B0.16%
64
XOMEXXON MOBIL CORP
20,685$2.3B0.16%
65
NFLXNETFLIX INC
1,897$2.3B0.16%
66
LLYELI LILLY & CO
2,975$2.3B0.16%
67
BRK-BBERKSHIRE HATHAWAY INC DEL
3$2.3B0.16%
68
HGVHILTON GRAND VACATIONS INC
52,355$2.2B0.15%
69
HLTHILTON WORLDWIDE HLDGS INC
8,269$2.1B0.15%
70
XLVSELECT SECTOR SPDR TR
15,380$2.1B0.15%
71
DVNDEVON ENERGY CORP NEW
58,948$2.1B0.14%
72
MCKMCKESSON CORP
2,625$2.0B0.14%
73
XDSQINNOVATOR ETFS TRUST
48,109$1.9B0.13%
74
PAPRINNOVATOR ETFS TRUST
49,693$1.9B0.13%
75
BXBLACKSTONE INC
11,062$1.9B0.13%
76
VRTXVERTEX PHARMACEUTICALS INC
4,555$1.8B0.12%
77
SPYGSPDR SERIES TRUST
16,784$1.8B0.12%
78
HDHOME DEPOT INC
4,321$1.8B0.12%
79
VTEBVANGUARD MUN BD FDS
33,902$1.7B0.12%
80
GRNTGRANITE RIDGE RESOURCES INC
310,606$1.7B0.12%
81
IWFISHARES TR
3,583$1.7B0.12%
82
LUVSOUTHWEST AIRLS CO
51,833$1.7B0.11%
83
JJACOBS SOLUTIONS INC
11,036$1.7B0.11%
84
ETNEATON CORP PLC
4,300$1.6B0.11%
85
CSCOCISCO SYS INC
23,220$1.6B0.11%
86
MCDMCDONALDS CORP
4,757$1.4B0.10%
87
IEIISHARES TR
11,795$1.4B0.10%
88
KLACKLA CORP
1,287$1.4B0.10%
89
SMHVANECK ETF TRUST
4,217$1.4B0.10%
90
SHWSHERWIN WILLIAMS CO
3,922$1.4B0.09%
91
LOWLOWES COS INC
5,341$1.3B0.09%
92
IBMINTERNATIONAL BUSINESS MACHS
4,667$1.3B0.09%
93
ABBVABBVIE INC
5,673$1.3B0.09%
94
PGPROCTER AND GAMBLE CO
8,498$1.3B0.09%
95
DIVOAMPLIFY ETF TR
29,070$1.3B0.09%
96
APOAPOLLO GLOBAL MGMT INC
9,614$1.3B0.09%
97
DRIDARDEN RESTAURANTS INC
6,626$1.3B0.09%
98
CVXCHEVRON CORP NEW
7,720$1.2B0.08%
99
PEPPEPSICO INC
8,083$1.1B0.08%
100
ITA*ISHARES TR
5,423$1.1B0.08%
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