SANDERS MORRIS HARRIS LLC

CIK

1053994

Location

Houston, TX

Portfolio Value

Small $570,384,642

Diversification

Diversified

Filing Date

Global Rank

#2,146 / 8,232 ▲ 4343

Top Industry

Asset Management 16.1%

3Y Alpha vs SPY

+3.0%

Period ended 2 months ago

Filed Apr 9, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+90.4%

SPY

+76.5%

Annualised alpha

+3.1%

Max drawdown

−23.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

258 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.7%

−54.7 pts

Top 5

27.8%

−56.0 pts

Top 10

42.3%

−47.5 pts

HHI

240

Diversified−3,719

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	27.9%	$159,408,752	49
Financial Services	19.5%	$111,439,896	32
Energy	12.8%	$73,172,569	26
Unclassified	10.9%	$61,910,485	5
Healthcare	7.6%	$43,610,218	51
Industrials	6.3%	$35,728,483	29
Consumer Cyclical	4.3%	$24,392,480	20
Communication Services	4.1%	$23,409,347	17
Consumer Defensive	4.1%	$23,300,014	15
Basic Materials	2.1%	$11,982,455	7
Real Estate	0.2%	$1,308,595	5
Utilities	0.1%	$721,348	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
MSAI	MultiSensor AI Holdings, Inc.	+2,340,239	3,892,370	$899,137
SPY	Spdr S&P 500 ETF Trust	+25,239	25,838	$16,803,484
BTI	British American Tobacco p.l.c.	+15,500	20,723	$1,211,673
MDY	Spdr S&P Midcap 400 ETF Trust	+8,450	9,450	$5,828,382
QQQ	Invesco Qqq Trust, Series 1	+6,521	66,421	$38,336,872
MPLX	Mplx LP	+3,104	7,484	$427,111
GEL	Genesis Energy LP	+2,000	22,500	$401,175
EXE	EXPAND ENERGY Corp	+700	6,255	$686,673
IBIT	iShares Bitcoin Trust ETF	+170	11,896	$457,044
ETN	Eaton Corp plc	+100	1,900	$679,573
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
BABA	Alibaba Group Holding Ltd	−13,152	6,018	$755,018
CNQ	Canadian Natural Resources Ltd	−7,100	8,500	$414,205
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AAPL	Apple Inc.	134,159	$34,048,212
NVDA	Nvidia Corp	180,782	$31,528,380
EPD	Enterprise Products Partners L.P.	802,160	$30,353,734
CSWC	Capital Southwest Corp	1,111,173	$24,579,146
MSIF	Msc Income Fund, Inc.	1,806,422	$22,002,219
XOM	Exxon Mobil Corp	92,061	$15,619,069
BX	Blackstone Inc.	132,944	$15,287,230
MAIN	Main Street Capital CORP	237,255	$12,565,024
AVGO	Broadcom Inc.	39,698	$12,286,927
MSFT	Microsoft Corp	28,307	$10,478,402
GS	Goldman Sachs Group Inc	10,753	$9,096,930
LRCX	Lam Research Corp	42,420	$9,063,457
PM	Philip Morris International Inc.	50,863	$8,409,688
CTAS	Cintas Corp	48,969	$8,282,616
AMD	Advanced Micro Devices Inc	35,272	$7,175,382
LLY	ELI LILLY & Co	7,602	$6,992,091
JPM	Jpmorgan Chase & Co	18,641	$5,483,436
MO	Altria Group, Inc.	68,798	$4,539,980
ABBV	AbbVie Inc.	20,829	$4,530,099
ORCL	Oracle Corp	29,660	$4,363,282
T	At&T Inc.	148,503	$4,305,101
DDOG	Datadog, Inc.	32,364	$3,820,570
LITE	Lumentum Holdings Inc.	5,305	$3,728,141
CIEN	Ciena Corp	9,329	$3,621,797
AMZN	Amazon Com Inc	17,010	$3,542,672
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
JBS	Jbs N.V.	173,200	$2,497,544
SLB	Slb Limited/Nv	38,500	$1,477,630
VNET	VNET Group, Inc.	95,000	$803,700
ARM	Arm Holdings PLC /Uk	3,667	$400,839
GBTC	Grayscale Bitcoin Trust ETF	3,785	$258,742
NVT	nVent Electric plc	2,000	$203,940
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

258 positions · $570,384,642 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 258 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1	Added	66,421	+6,521	$38,336,872	+4.2%	6.72%
AAPL	Apple Inc. Technology	NEW	134,159	NEW	$34,048,212	NEW	5.97%
NVDA	Nvidia Corp Technology	NEW	180,782	NEW	$31,528,380	NEW	5.53%
EPD	Enterprise Products Partners L.P. Energy	NEW	802,160	NEW	$30,353,734	NEW	5.32%
CSWC	Capital Southwest Corp Financial Services	NEW	1,111,173	NEW	$24,579,146	NEW	4.31%
MSIF	Msc Income Fund, Inc. Financial Services	NEW	1,806,422	NEW	$22,002,219	NEW	3.86%
SPY	Spdr S&P 500 ETF Trust	Added	25,838	+25,239	$16,803,484	+4013.8%	2.95%
XOM	Exxon Mobil Corp Energy	NEW	92,061	NEW	$15,619,069	NEW	2.74%
BX	Blackstone Inc. Financial Services	NEW	132,944	NEW	$15,287,230	NEW	2.68%
MAIN	Main Street Capital CORP Financial Services	NEW	237,255	NEW	$12,565,024	NEW	2.20%
AVGO	Broadcom Inc. Technology	NEW	39,698	NEW	$12,286,927	NEW	2.15%
MSFT	Microsoft Corp Technology	NEW	28,307	NEW	$10,478,402	NEW	1.84%
GS	Goldman Sachs Group Inc Financial Services	NEW	10,753	NEW	$9,096,930	NEW	1.59%
LRCX	Lam Research Corp Technology	NEW	42,420	NEW	$9,063,457	NEW	1.59%
PM	Philip Morris International Inc. Consumer Defensive	NEW	50,863	NEW	$8,409,688	NEW	1.47%
CTAS	Cintas Corp Industrials	NEW	48,969	NEW	$8,282,616	NEW	1.45%
VOXR	Vox Royalty Corp. Basic Materials	Held	1,400,903	0	$7,340,731	+10.5%	1.29%
AMD	Advanced Micro Devices Inc Technology	NEW	35,272	NEW	$7,175,382	NEW	1.26%
LLY	ELI LILLY & Co Healthcare	NEW	7,602	NEW	$6,992,091	NEW	1.23%
MDY	Spdr S&P Midcap 400 ETF Trust	Added	9,450	+8,450	$5,828,382	+866.1%	1.02%
JPM	Jpmorgan Chase & Co Financial Services	NEW	18,641	NEW	$5,483,436	NEW	0.96%
MO	Altria Group, Inc. Consumer Defensive	NEW	68,798	NEW	$4,539,980	NEW	0.80%
ABBV	AbbVie Inc. Healthcare	NEW	20,829	NEW	$4,530,099	NEW	0.79%
ORCL	Oracle Corp Technology	NEW	29,660	NEW	$4,363,282	NEW	0.76%
T	At&T Inc. Communication Services	NEW	148,503	NEW	$4,305,101	NEW	0.75%
DDOG	Datadog, Inc. Technology	NEW	32,364	NEW	$3,820,570	NEW	0.67%
LITE	Lumentum Holdings Inc. Technology	NEW	5,305	NEW	$3,728,141	NEW	0.65%
CIEN	Ciena Corp Technology	NEW	9,329	NEW	$3,621,797	NEW	0.63%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	17,010	NEW	$3,542,672	NEW	0.62%
TXO	TXO Partners, L.P. Energy	NEW	279,134	NEW	$3,511,505	NEW	0.62%
PR	Permian Resources Corp Energy	NEW	161,933	NEW	$3,452,411	NEW	0.61%
RKLB	Rocket Lab Corp Industrials	NEW	51,871	NEW	$3,331,155	NEW	0.58%
CHTR	Charter Communications, Inc. /Mo/ Communication Services	NEW	15,415	NEW	$3,327,790	NEW	0.58%
LOW	Lowes Companies Inc Consumer Cyclical	NEW	13,558	NEW	$3,203,484	NEW	0.56%
HD	Home Depot, Inc. Consumer Cyclical	NEW	9,710	NEW	$3,193,521	NEW	0.56%
META	Meta Platforms, Inc. Communication Services	NEW	5,517	NEW	$3,156,441	NEW	0.55%
CRWD	CrowdStrike Holdings, Inc. Technology	NEW	7,599	NEW	$2,966,725	NEW	0.52%
MCK	Mckesson Corp Healthcare	NEW	3,370	NEW	$2,916,263	NEW	0.51%
NOW	ServiceNow, Inc. Technology	NEW	27,657	NEW	$2,891,539	NEW	0.51%
V	Visa Inc. Financial Services	NEW	9,402	NEW	$2,841,660	NEW	0.50%
WDAY	Workday, Inc. Technology	NEW	21,650	NEW	$2,812,768	NEW	0.49%
SHIM	Shimmick Corp Industrials	NEW	758,397	NEW	$2,783,316	NEW	0.49%
DT	Dynatrace, Inc. Technology	NEW	75,251	NEW	$2,782,781	NEW	0.49%
RSVR	Reservoir Media, Inc. Communication Services	NEW	266,068	NEW	$2,604,805	NEW	0.46%
KLAC	Kla Corp Technology	NEW	1,750	NEW	$2,576,717	NEW	0.45%
IBM	International Business Machines Corp Technology	NEW	10,417	NEW	$2,524,976	NEW	0.44%
COP	Conocophillips Energy	NEW	18,848	NEW	$2,487,936	NEW	0.44%
APO	Apollo Global Management, Inc. Financial Services	NEW	21,912	NEW	$2,441,435	NEW	0.43%
CVX	Chevron Corp Energy	NEW	11,300	NEW	$2,337,970	NEW	0.41%
BP	Bp PLC Energy	NEW	49,707	NEW	$2,336,229	NEW	0.41%