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Portfolio (Quarterly) Guide ↗

Lummis Asset Management, LP

· CIK 0002011652
13F Portfolio $163M AUM Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 189 New
Page 3 of 10  ·  189 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 FFIN First Financial Bancshares, In Financial Services 24,806.0 $741K 0.46% NEW $29.87 +9.8%
42 WTM WHITE MOUNTAINS INSURANCE GROUP LTD Financial Services 325.0 $675K 0.41% NEW $2078.03 +2.5%
43 ADP Automatic Data Processing Corp Industrials 2,045.0 $526K 0.32% NEW $257.23 -15.1%
44 CSCO Cisco Systems Inc Technology 6,725.0 $518K 0.32% NEW $77.03 +53.1%
45 RTX Raytheon Technologies Co Industrials 2,713.0 $498K 0.31% NEW $183.40 -2.8%
46 LMT Lockheed Martin Corp Industrials 840.0 $406K 0.25% NEW $483.67 +10.0%
47 APH Amphenol Corp. Technology 2,935.0 $397K 0.24% NEW $135.14 +3.3%
48 PSX Phillips Energy 3,011.0 $389K 0.24% NEW $129.04 +32.8%
49 VTI Vanguard Total Stock 933.0 $313K 0.19% NEW $335.27 +10.2%
50 O Realty Incm Corp Real Estate 5,493.0 $310K 0.19% NEW $56.37 +10.8%
51 UL Unilever PLC Consumer Defensive 4,460.0 $292K 0.18% NEW $65.40 -12.7%
52 PFE PFIZER INC Healthcare 11,314.0 $282K 0.17% NEW $24.90 +3.8%
53 JPM J.P. Morgan Chase & Co. Financial Services 865.0 $279K 0.17% NEW $322.22 -4.8%
54 GLD SPDR Gold Trust Financial Services 600.0 $238K 0.15% NEW $396.31 +2.0%
55 BN Brookfield Corp Financial Services 4,813.0 $221K 0.14% NEW $45.89 +0.3%
56 META Meta Platforms, Inc. Communication Services 310.0 $205K 0.13% NEW $660.09 -7.2%
57 NUV Nuveen Mun Value Fd Inc Financial Services 22,000.0 $199K 0.12% NEW $9.06 -0.3%
58 BSV Vanguard Short-Term Bond 2,460.0 $194K 0.12% NEW $78.81 -1.1%
59 ATO Atmos Energy Corp Utilities 1,128.0 $189K 0.12% NEW $167.63 +5.5%
60 Nestle Sa 1,781.0 $177K 0.11% NEW $99.35
Page 3 of 10  ·  189 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.7%
Energy 18.6%
Financial Services 11.9%
Healthcare 11.5%
Communication Services 8.2%
Industrials 7.5%
Consumer Cyclical 6.5%
Consumer Defensive 4.8%
Real Estate 4.1%
Utilities 0.3%