Lummis Asset Management, LP — 13F Holdings & Portfolio
CIK 2011652 · latest 13F-HR filed 2026-08-03
Lummis Asset Management, LP manages $167.2M in 13F-reported U.S. long-equity assets across 221 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are MTDR (9.66%), AAPL (9.53%), MSFT (7.82%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 42 new positions and exited 13; 83 existing positions rose in reported value and 48 fell.
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.
Long-equity book
Distinct positions
Filed 2026-08-03
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 52.6%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Apr 21, 2026.
SUITE 1900
FORT WORTH, TX 76102
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| LUMMIS, PALMER, BRADLEY Control | CHIEF COMPLIANCE OFFICER/GENERAL PARTNER/PRESIDENT OF LAMCO CAPITAL, LLC since Sep 1998 | Less than 5% | Individual |
| LAMCO CAPITAL, LLC | GENERAL PARTNER since Sep 1998 | 75% or more | Domestic Entity |
| LUMMIS, PALMER, BRADLEY Control Indirect owner via LAMCO CAPITAL, LLC | OWNER since Sep 1998 | 75% or more | Individual |
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- Apple Computer Inc$2.2M +16.0%
- Acuity Brands Inc$669.9K +27.0%
- Acushnet Holdings Co$634.6K +16.9%
- Goldman Sachs Group, Inc.$632.9K +14.8%
- Eli Lilly & Co.$590.8K +23.6%
Top Trims
- Matador Resources Co-$4.9M -23.2%
- Pepsico Incorporated-$1.4M -51.5%
- VANGUARD PACIFIC STOCK INDEX ETF-$1.3M -96.3%
- Oracle Corp-$409.4K -9.2%
- Dorman Prods Inc-$353.8K -16.8%
New Positions
- Bunge Limited$108.5K
- Eaglerock Ld Llc$42.5K
- Ab Emerging Markets$37.2K
- Vanguard Ftse Emerging$13.0K
- Bank of America Corp$3.2K
Exited Positions
- PFIZER INC$302.1K
- Bunge Limited$131.1K
- iShares Barclay's 20 Yr. Trea$19.1K
- Jpmorgan Equity Premium$9.2K
- Nextera Energy Inc$5.7K
Lummis Asset Management, LP Holdings (2026-06-30)
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 | Matador Resources Co | MTDR | 576485205 | $16.2M | 9.66% | 328,769 | SH |
| 2 | Apple Computer Inc | AAPL | 037833100 | $15.9M | 9.53% | 51,505 | SH |
| 3 | Microsoft Corp | MSFT | 594918104 | $13.1M | 7.82% | 31,432 | SH |
| 4 | Alphabet Inc | GOOG | 02079K107 | $10.8M | 6.46% | 31,233 | SH |
| 5 | Berkshire Hathaway | BRK.A | 084670207 | $8.0M | 4.77% | 15,823 | SH |
| 6 | General Dynamics Corp | GD | 369550108 | $5.1M | 3.06% | 14,095 | SH |
| 7 | Blackstone Minerals Company | BSM | 09225M101 | $5.1M | 3.04% | 343,843 | SH |
| 8 | Goldman Sachs Group, Inc. | GS | 38141G104 | $4.9M | 2.94% | 4,831 | SH |
| 9 | Ross Stores Inc | ROST | 778296103 | $4.5M | 2.72% | 20,062 | SH |
| 10 | Acushnet Holdings Co | GOLF | 005098108 | $4.4M | 2.62% | 38,792 | SH |
| 11 | Oracle Corp | ORCL | 68389X105 | $4.1M | 2.42% | 28,781 | SH |
| 12 | Triple Flag Precious M | TFPM | 89679M104 | $3.9M | 2.34% | 131,121 | SH |
| 13 | EQUINIX INC | EQIX | 29444U700 | $3.9M | 2.33% | 3,723 | SH |
| 14 | Thermo Fisher Scientific | TMO | 883556102 | $3.4M | 2.04% | 6,367 | SH |
| 15 | Johnson & Johnson | JNJ | 478160104 | $3.3M | 1.96% | 12,849 | SH |
| 16 | Acuity Brands Inc | AYI | 00508Y102 | $3.2M | 1.89% | 8,656 | SH |
| 17 | Eli Lilly & Co. | LLY | 532457108 | $3.1M | 1.85% | 2,675 | SH |
| 18 | Exxon Mobil Corporation | XOM | 30231G102 | $3.1M | 1.84% | 20,484 | SH |
| 19 | American International Group | AIG | 026874784 | $3.1M | 1.82% | 40,274 | SH |
| 20 | Amrize Ltd | AMRZ | H2927K103 | $3.0M | 1.82% | 58,677 | SH |
| 21 | Abbott Labs | ABT | 002824100 | $2.9M | 1.71% | 29,101 | SH |
| 22 | Wells Fargo & Co New | WFC | 949746101 | $2.6M | 1.53% | 30,788 | SH |
| 23 | Amern Tower Corp | AMT | 03027X100 | $2.5M | 1.49% | 15,032 | SH |
| 24 | The Charles Schwab Corp | SCHW | 808513105 | $1.8M | 1.05% | 17,932 | SH |
| 25 | Dorman Prods Inc | DORM | 258278100 | $1.7M | 1.04% | 12,803 | SH |
| 26 | Coca Cola Co. | KO | 191216100 | $1.7M | 1.03% | 20,355 | SH |
| 27 | Amazon Com Inc | AMZN | 023135106 | $1.7M | 1.01% | 7,088 | SH |
| 28 | Dollar General Corp | DG | 256677105 | $1.7M | 0.99% | 13,732 | SH |
| 29 | Abbvie Inc | ABBV | 00287Y109 | $1.6M | 0.96% | 6,229 | SH |
| 30 | Devon Energy Corp | DVN | 25179M103 | $1.5M | 0.92% | 26,888 | SH |
| 31 | Vanguard Ftse Europe | VGK | 922042874 | $1.5M | 0.89% | 16,739 | SH |
| 32 | Vanguard Total | VXUS | 921909768 | $1.5M | 0.87% | 17,095 | SH |
| 33 | Conocophillips | COP | 20825C104 | $1.4M | 0.84% | 12,315 | SH |
| 34 | Amgen Inc. | AMGN | 031162100 | $1.3M | 0.79% | 3,433 | SH |
| 35 | Pepsico Incorporated | PEP | 713448108 | $1.3M | 0.78% | 9,647 | SH |
| 36 | Alphabet Inc. | GOOGL | 02079K305 | $1.2M | 0.70% | 3,270 | SH |
| 37 | Chevrontexaco Corp | CVX | 166764100 | $1.1M | 0.69% | 5,995 | SH |
| 38 | Schwab Short Term US | SCHO | 808524862 | $1.1M | 0.64% | 44,147 | SH |
| 39 | Procter & Gamble Co. | PG | 742718109 | $1.0M | 0.60% | 7,003 | SH |
| 40 | Williams Cos Inc Com | WMB | 969457100 | $998.9K | 0.60% | 13,468 | SH |
| 41 | First Financial Bancshares, In | FFIN | 32020R109 | $856.7K | 0.51% | 24,645 | SH |
| 42 | Illinois Tool Works Inc | ITW | 452308109 | $841.9K | 0.50% | 3,015 | SH |
| 43 | South St Corp | SSB | 840441109 | $834.6K | 0.50% | 8,205 | SH |
| 44 | Cisco Systems Inc | CSCO | 17275R102 | $765.9K | 0.46% | 6,742 | SH |
| 45 | WHITE MOUNTAINS INSURANCE GROUP LTD | WTM | G9618E107 | $688.5K | 0.41% | 325 | SH |
| 46 | Phillips | PSX | 718546104 | $627.9K | 0.38% | 3,011 | SH |
| 47 | Raytheon Technologies Co | RTX | 75513E101 | $582.0K | 0.35% | 2,727 | SH |
| 48 | Automatic Data Processing Corp | ADP | 053015103 | $513.6K | 0.31% | 2,019 | SH |
| 49 | Amphenol Corp. | APH | 032095101 | $492.3K | 0.29% | 2,792 | SH |
| 50 | Lockheed Martin Corp | LMT | 539830109 | $465.4K | 0.28% | 836 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-03 | $167.2M | 221 | 0002011652-26-000003 |
| 2026-03-31 | 2026-05-11 | $167.3M | 194 | 0002011652-26-000002 |
| 2025-12-31 | 2026-02-10 | $162.6M | 190 | 0002011652-26-000001 |
| 2025-09-30 | 2025-11-10 | $152.3M | 161 | 0002011652-25-000006 |
FORT WORTH, TX 76102