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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 5 of 10  ·  189 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 LUV Southwest Airlines Co Industrials 1,500.0 $62K 0.04% NEW $41.33 +6.8%
82 EPD Enterprise Prd Prtnrs Lp Energy 1,932.0 $62K 0.04% NEW $32.06 +18.6%
83 DUK Duke Energy Corporation Utilities 500.0 $59K 0.04% NEW $117.21 +6.8%
84 MINT Pimco Exch Traded Fund 541.0 $54K 0.03% NEW $100.34 +0.3%
85 CFR Cullen Frost Bankers Financial Services 397.0 $50K 0.03% NEW $126.63 +10.1%
86 MSI Motorola Solutions Technology 117.0 $45K 0.03% NEW $383.32 +7.4%
87 MDLZ Mondelez Intl Consumer Defensive 825.0 $44K 0.03% NEW $53.83 +15.9%
88 VPL VANGUARD PACIFIC STOCK INDEX ETF (MKT) 464.0 $42K 0.03% NEW $90.40 +26.5%
89 BAM Brookfield Asset Mgm Financial Services 797.0 $42K 0.03% NEW $52.39 -5.6%
90 KMI KINDER MORGAN INC Energy 1,500.0 $41K 0.03% NEW $27.49 +17.4%
91 FDS Factset Research Systems Financial Services 140.0 $41K 0.03% NEW $290.19 -18.5%
92 VEA Vanguard Ftse Developed 646.0 $40K 0.03% NEW $62.47 +14.4%
93 IP INTERNATIONAL PAPER CO Consumer Cyclical 1,000.0 $39K 0.02% NEW $39.39 -17.0%
94 ADSK Autodesk Inc Technology 111.0 $33K 0.02% NEW $296.01 -18.0%
95 NFLX NETFLIX INC Communication Services 340.0 $32K 0.02% NEW $93.76 -5.8%
96 PBT Permian Basin Royalty Tr Energy 1,850.0 $31K 0.02% NEW $16.96 +71.8%
97 WMT Wal Mart Stores Inc. Consumer Defensive 261.0 $29K 0.02% NEW $111.41 +6.5%
98 HHH Howard Hughes Holding Co Real Estate 340.0 $27K 0.02% NEW $79.77 -18.9%
99 CONAGRA BRANDS INC 1,500.0 $26K 0.02% NEW $17.31
100 AVGO Broadcom Inc Technology 70.0 $24K 0.01% NEW $346.10 +20.5%
Page 5 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%