PENN DAVIS MCFARLAND INC — 13F Holdings & Portfolio

CIK 1108893 · latest 13F-HR filed 2026-04-21

PENN DAVIS MCFARLAND INC manages $1.02B in 13F-reported U.S. long-equity assets across 75 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are GOOG (12.10%), NVDA (8.50%), KMI (5.60%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 3 new positions, exited 3, added to 25, and trimmed 32.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$1.02B

Long-equity book

Holdings

75

Distinct positions

Period

2026-03-31

Filed 2026-04-21

Q/Q Activity

+3 / −3 / ↑25 / ↓32

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • KINDER MORGAN, INC.$9.8M +20.7%
  • SHELL PLC$9.4M +25.4%
  • ENTERPRISE PRODUCTS PRTNS$6.6M +17.5%
  • LOCKHEED MARTIN CORP$6.6M +24.4%
  • ROIVANT SCIENCES LTD.$3.8M +9.4%
Show all 25

Top Trims

  • ALPHABET, INC. CL A (GOOGLE A)-$22.4M -41.6%
  • ALPHABET, INC. CL C (GOOGLE C)-$21.1M -14.6%
  • PAYPAL HOLDINGS, INC.-$9.1M -22.9%
  • UNITEDHEALTH GROUP, INC.-$8.4M -18.6%
  • QUALCOMM, INC.-$8.2M -25.1%
Show all 32

New Positions

  • SALESFORCE INC$29.0M
  • TEXAS PACIFIC LAND, CORP.$213.6K
  • GE VERNOVA LLC$209.5K
Show all 3

Exited Positions

  • TOAST, INC.$266.3K
  • ORACLE CORP$220.2K
  • WALT DISNEY COMPANY$200.9K
Show all 3
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ALPHABET, INC. CL C (GOOGLE C) GOOG 02079K107 $123.7M 12.10% 431,240 SH
2 NVIDIA CORP NVDA 67066G104 $86.9M 8.50% 498,338 SH
3 KINDER MORGAN, INC. KMI 49456B101 $57.3M 5.60% 1,707,786 SH
4 SHELL PLC SHEL 780259305 $46.2M 4.52% 497,080 SH
5 APPLE, INC. AAPL 037833100 $45.5M 4.45% 179,438 SH
6 ENTERPRISE PRODUCTS PRTNS EPD 293792107 $44.5M 4.35% 1,175,998 SH
7 ROIVANT SCIENCES LTD. ROIV G76279101 $44.1M 4.32% 1,592,623 SH
8 UNITEDHEALTH GROUP, INC. UNH 91324P102 $36.9M 3.61% 136,346 SH
9 RTX CORP. RTX 75513E101 $36.0M 3.52% 186,641 SH
10 ANHEUSER-BUSCH INBEV SA/NV BUD 03524A108 $33.7M 3.29% 485,264 SH
11 LOCKHEED MARTIN CORP LMT 539830109 $33.6M 3.28% 55,524 SH
12 ALPHABET, INC. CL A (GOOGLE A) GOOGL 02079K305 $31.5M 3.08% 109,454 SH
13 PAYPAL HOLDINGS, INC. PYPL 70450Y103 $30.6M 3.00% 677,417 SH
14 BLACK STONE MINERALS LP BSM 09225M101 $29.6M 2.90% 1,959,588 SH
15 SALESFORCE INC CRM 79466L302 $29.0M 2.84% 155,266 SH
16 QUALCOMM, INC. QCOM 747525103 $24.4M 2.38% 189,176 SH
17 LAS VEGAS SANDS LVS 517834107 $21.6M 2.12% 401,434 SH
18 EVOLUTION AB-ADR EVVTY 30051E104 $21.4M 2.09% 343,506 SH
19 BRISTOL-MYERS SQUIBB CO BMY 110122108 $20.4M 1.99% 336,264 SH
20 CHECK POINT SOFTWARE TECH CHKP M22465104 $17.4M 1.71% 122,108 SH
21 SPROUTS FARMERS MARKET INC SFM 85208M102 $17.2M 1.68% 223,283 SH
22 MATCH GROUP INC. MTCH 57667L107 $16.1M 1.58% 524,758 SH
23 WASTE MANGEMENT, INC. WM 94106L109 $13.0M 1.27% 56,580 SH
24 XYLEM, INC. XYL 98419M100 $11.4M 1.12% 95,672 SH
25 MICROSOFT CORPORATION MSFT 594918104 $10.5M 1.03% 28,374 SH
26 TARGET CORP TGT 87612E106 $10.3M 1.00% 84,571 SH
27 JOHNSON & JOHNSON JNJ 478160104 $10.1M 0.99% 41,344 SH
28 KIMBERLY CLARK, CORP. KMB 494368103 $8.4M 0.82% 87,070 SH
29 TEXAS INSTRUMENTS, INC. TXN 882508104 $8.1M 0.79% 41,567 SH
30 VERIZON COMMUNICATIONS VZ 92343V104 $6.7M 0.65% 133,324 SH
31 ABBVIE, INC. ABBV 00287Y109 $6.6M 0.65% 30,464 SH
32 AMGEN, INC. AMGN 031162100 $6.6M 0.65% 18,766 SH
33 MCDONALDS, CORP. MCD 580135101 $6.5M 0.64% 21,017 SH
34 COCA-COLA COMPANY KO 191216100 $6.3M 0.61% 82,523 SH
35 UNITED PARCEL SERVICE, INC. UPS 911312106 $5.6M 0.55% 57,113 SH
36 ACCENTURE PLC ACN G1151C101 $5.1M 0.50% 25,689 SH
37 PFIZER, INC. PFE 717081103 $4.8M 0.47% 170,361 SH
38 PEPSICO, INC. PEP 713448108 $4.5M 0.44% 29,133 SH
39 METTLER-TOLEDO INTERNATIONAL, INC. MTD 592688105 $4.1M 0.40% 3,223 SH
40 PROCTER & GAMBLE, CO. PG 742718109 $3.8M 0.37% 26,448 SH
41 NIKE, INC. NKE 654106103 $3.3M 0.32% 61,936 SH
42 ABBOTT LABORATORIES ABT 002824100 $3.2M 0.31% 31,215 SH
43 AMERICAN EXPRESS, CO. AXP 025816109 $3.2M 0.31% 10,546 SH
44 SPDR GOLD TRUST GLD 78463V107 $3.1M 0.31% 7,283 SH
45 STARBUCKS, CORP. SBUX 855244109 $2.6M 0.26% 29,291 SH
46 HONEYWELL INTERNATIONAL, INC. HON 438516106 $2.6M 0.26% 11,538 SH
47 SIRIUSXM HOLDINGS INC. SIRI 829933100 $2.5M 0.25% 109,303 SH
48 ELI LILLY & CO. LLY 532457108 $2.5M 0.24% 2,695 SH
49 AMAZON, INC. AMZN 023135106 $2.4M 0.23% 11,422 SH
50 U.S. PHYSICAL THERAPY, INC. USPH 90337L108 $2.2M 0.22% 29,713 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-21 $1.02B 75 0001108893-26-000003
2025-12-31 2026-01-16 $1.04B 75 0001108893-26-000001