SFMG, LLC

CIK

1512026

Location

PLANO, TX

Portfolio Value

Small $737,972,586

Diversification

Diversified

Filing Date

Global Rank

#2,106 / 8,586 ▲ 64

Top Industry

Utilities - Regulated Gas 27.9%

3Y Alpha vs SPY

-4.1%

Period ended 3 months ago

Filed May 12, 2026 · 35d

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

+60.8%

SPY

+78.1%

Annualised alpha

-4.1%

Max drawdown

−13.5%

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

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

Top Position

26.5%

+2.2 pts

Top 5

49.9%

+0.2 pts

Top 10

62.0%

+0.2 pts

HHI

904

Diversified+87

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Utilities	26.9%	$198,184,378	7
Technology	25.4%	$187,783,095	39
Financial Services	13.6%	$100,571,195	38
Industrials	6.1%	$45,042,044	30
Consumer Cyclical	6.0%	$44,415,482	21
Unclassified	5.0%	$36,583,998	7
Healthcare	4.8%	$35,056,409	28
Energy	4.4%	$32,116,678	26
Consumer Defensive	3.6%	$26,825,168	12
Communication Services	3.3%	$24,068,377	6
Real Estate	0.7%	$5,022,195	8
Basic Materials	0.3%	$2,303,567	4

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PLBY	Playboy, Inc.	+240,000	690,000	$1,048,800
MYI	Blackrock Muniyield Quality Fund III, Inc.	+13,119	26,645	$280,038
ACTU	Actuate Therapeutics, Inc.	+13,000	33,000	$90,420
MHD	Blackrock Muniholdings Fund, Inc.	+12,217	24,310	$274,216
AAPL	Apple Inc.	+10,649	234,027	$59,393,712
DAR	Darling Ingredients Inc.	+10,335	27,030	$1,671,805
FBTC	Fidelity Wise Origin Bitcoin Fund	+7,362	56,915	$3,359,692
NVDA	Nvidia Corp	+4,999	208,428	$36,349,843
PLTR	Palantir Technologies Inc.	+4,045	20,971	$3,067,637
NVO	Novo Nordisk A S	+3,757	119,774	$4,401,694
PEP	Pepsico Inc	+3,170	11,309	$1,756,174
T	At&T Inc.	+2,918	27,268	$790,499
SHEL	Shell plc	+2,510	5,874	$546,282
JPM	Jpmorgan Chase & Co	+2,398	18,458	$5,429,605
BAC	Bank Of America Corp /De/	+1,965	11,237	$547,803
ET	Energy Transfer LP	+1,601	33,849	$653,285
NFLX	Netflix Inc	+1,314	21,501	$2,067,321
SLB	Slb Limited/Nv	+1,311	101,103	$5,195,683
UBER	Uber Technologies, Inc	+1,259	6,426	$462,222
NAD	Nuveen Quality Municipal Income Fund	+1,250	13,959	$160,528
ZTS	Zoetis Inc.	+1,229	24,129	$2,852,289
COST	Costco Wholesale Corp /New	+1,133	4,558	$4,541,727
IAUM	iShares Gold Trust Micro	+1,093	10,899	$508,983
PANW	Palo Alto Networks Inc	+1,022	35,667	$5,718,133
PSX	Phillips 66	+1,000	3,859	$703,032
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MSDL	Morgan Stanley Direct Lending Fund	−29,320	208,725	$2,913,801
KOS	Kosmos Energy Ltd.	−20,000	63,480	$176,474
ARCC	Ares Capital Corp	−12,704	352,188	$6,346,427
EPD	Enterprise Products Partners L.P.	−5,983	13,613	$515,115
AMZN	Amazon Com Inc	−4,766	111,034	$23,125,051
BXSL	Blackstone Secured Lending Fund	−4,525	232,861	$5,516,477
WPC	W. P. Carey Inc.	−3,670	33,078	$2,247,980
BRK-B	Berkshire Hathaway Inc	−3,552	111,699	$53,526,160
VZ	Verizon Communications Inc	−2,735	167,786	$8,422,857
MDT	Medtronic plc	−2,228	50,845	$4,405,719
ATO	Atmos Energy Corp	−1,844	1,058,545	$195,534,432
DELL	Dell Technologies Inc.	−1,768	3,833	$629,110
LUV	Southwest Airlines Co	−1,317	21,094	$792,501
RTX	RTX Corp	−1,142	69,847	$13,473,486
VLO	Valero Energy Corp/Tx	−1,036	1,524	$376,549
XOM	Exxon Mobil Corp	−1,031	21,624	$3,668,727
HLT	Hilton Worldwide Holdings Inc.	−1,000	7,269	$2,210,357
GLD	Spdr Gold Trust	−969	10,333	$4,446,186
WMT	Walmart Inc.	−846	108,773	$13,518,308
WMB	Williams Companies, Inc.	−707	15,128	$1,101,015
AMAT	Applied Materials Inc /De	−644	50,477	$17,252,533
CRWV	CoreWeave, Inc.	−625	7,076	$548,177
MSFT	Microsoft Corp	−615	60,905	$22,545,203
STZ	Constellation Brands, Inc.	−598	2,808	$421,200
PAYX	Paychex Inc	−548	6,440	$593,252
No positions match the current search.

New Positions

Positions the filer opened this quarter

22 positions

Ticker	Company	Shares	Value
IREN	IREN Ltd	14,350	$491,918
CFR	Cullen/Frost Bankers, Inc.	3,397	$465,660
PDI	PIMCO Dynamic Income Fund	20,000	$342,200
NNDM	Nano Dimension Ltd.	176,407	$299,891
MRK	Merck & Co., Inc.	2,387	$287,132
AZN	Astrazeneca PLC	1,414	$278,869
CASY	Caseys General Stores Inc	325	$236,554
MUSA	Murphy USA Inc.	451	$222,780
BE	Bloom Energy Corp	1,616	$218,951
PFE	Pfizer Inc	7,483	$210,122
GILD	Gilead Sciences, Inc.	1,501	$209,194
KEYS	Keysight Technologies, Inc.	738	$208,389
NOW	ServiceNow, Inc.	1,985	$207,531
GWW	W.W. Grainger, Inc.	188	$205,072
SBR	Sabine Royalty Trust	2,700	$203,418
TRP	Tc Energy Corp	3,224	$201,822
AWK	American Water Works Company, Inc.	1,477	$201,004
SLDB	Solid Biosciences Inc.	22,153	$159,501
VG	Venture Global, Inc.	10,094	$159,081
OWL	Blue Owl Capital Inc.	15,000	$136,950
MQY	Blackrock Muniyield Quality Fund, Inc.	12,159	$133,505
NUAI	New ERA Energy & Digital, Inc.	22,200	$90,132
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
KMI	Kinder Morgan, Inc.	82,788	$2,275,842
NET	Cloudflare, Inc.	1,292	$254,717
MTDR	Matador Resources Co	5,794	$245,897
CEG	Constellation Energy Corp	687	$242,696
BFAM	Bright Horizons Family Solutions Inc.	2,226	$225,716
ROAD	Construction Partners, Inc.	1,850	$200,817
URI	United Rentals, Inc.	248	$200,711
SLV	iShares Silver Trust	3,105	$200,024
BFLY	Butterfly Network, Inc.	10,286	$39,086
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

226 positions · $737,972,586 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 226 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ATO	Atmos Energy Corp Utilities	Reduced	1,058,545	-1,844	$195,534,432	+10.0%	26.50%
AAPL	Apple Inc. Technology	Added	234,027	+10,649	$59,393,712	−2.2%	8.05%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	111,699	-3,552	$53,526,160	−7.6%	7.25%
NVDA	Nvidia Corp Technology	Added	208,428	+4,999	$36,349,843	−4.2%	4.93%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	111,034	-4,766	$23,125,051	−13.5%	3.13%
SPY	Spdr S&P 500 ETF Trust	Added	34,798	+231	$22,630,531	−4.0%	3.07%
MSFT	Microsoft Corp Technology	Reduced	60,905	-615	$22,545,203	−24.2%	3.06%
AMAT	Applied Materials Inc /De Technology	Reduced	50,477	-644	$17,252,533	+31.3%	2.34%
WMT	Walmart Inc. Consumer Defensive	Reduced	108,773	-846	$13,518,308	+10.7%	1.83%
RTX	RTX Corp Industrials	Reduced	69,847	-1,142	$13,473,486	+3.5%	1.83%
AMD	Advanced Micro Devices Inc Technology	Reduced	48,928	-261	$9,953,423	−5.5%	1.35%
COP	Conocophillips Energy	Reduced	67,509	-485	$8,911,188	+40.0%	1.21%
VZ	Verizon Communications Inc Communication Services	Reduced	167,786	-2,735	$8,422,857	+21.3%	1.14%
CSX	Csx Corp Industrials	Added	179,362	+593	$7,362,810	+13.6%	1.00%
HON	Honeywell International Inc Industrials	Added	30,618	+52	$6,920,586	+16.1%	0.94%
GOOGL	Alphabet Inc. Communication Services	Added	23,136	+222	$6,652,988	−7.2%	0.90%
V	Visa Inc. Financial Services	Reduced	21,914	-242	$6,623,287	−14.8%	0.90%
ARCC	Ares Capital Corp Financial Services	Reduced	352,188	-12,704	$6,346,427	−14.0%	0.86%
PANW	Palo Alto Networks Inc Technology	Added	35,667	+1,022	$5,718,133	−10.4%	0.77%
META	Meta Platforms, Inc. Communication Services	Reduced	9,978	-284	$5,708,713	−15.7%	0.77%
BXSL	Blackstone Secured Lending Fund Financial Services	Reduced	232,861	-4,525	$5,516,477	−11.7%	0.75%
JPM	Jpmorgan Chase & Co Financial Services	Added	18,458	+2,398	$5,429,605	+4.9%	0.74%
BLK	BlackRock, Inc. Financial Services	Reduced	5,542	-117	$5,329,796	−12.0%	0.72%
SLB	Slb Limited/Nv Energy	Added	101,103	+1,311	$5,195,683	+35.7%	0.70%
AVGO	Broadcom Inc. Technology	Added	16,603	+213	$5,138,794	−9.4%	0.70%
CRM	Salesforce, Inc. Technology	Added	27,240	+968	$5,084,890	−26.9%	0.69%
QQQ	Invesco Qqq Trust, Series 1	Added	8,391	+78	$4,843,117	−5.2%	0.66%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	9,712	-23	$4,773,739	−15.4%	0.65%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	4,558	+1,133	$4,541,727	+53.8%	0.62%
GLD	Spdr Gold Trust	Reduced	10,333	-969	$4,446,186	−0.7%	0.60%
TSLA	Tesla, Inc. Consumer Cyclical	Added	11,928	+233	$4,434,234	−15.7%	0.60%
MDT	Medtronic plc Healthcare	Reduced	50,845	-2,228	$4,405,719	−13.6%	0.60%
NVO	Novo Nordisk A S Healthcare	Added	119,774	+3,757	$4,401,694	−25.4%	0.60%
ADBE	Adobe Inc. Technology	Added	16,928	+563	$4,114,858	−28.2%	0.56%
XOM	Exxon Mobil Corp Energy	Reduced	21,624	-1,031	$3,668,727	+34.6%	0.50%
FBTC	Fidelity Wise Origin Bitcoin Fund	Added	56,915	+7,362	$3,359,692	−11.1%	0.46%
JNJ	Johnson & Johnson Healthcare	Reduced	13,499	-403	$3,299,695	+14.7%	0.45%
PLTR	Palantir Technologies Inc. Technology	Added	20,971	+4,045	$3,067,637	+2.0%	0.42%
MSDL	Morgan Stanley Direct Lending Fund Financial Services	Reduced	208,725	-29,320	$2,913,801	−25.7%	0.39%
ZTS	Zoetis Inc. Healthcare	Added	24,129	+1,229	$2,852,289	−1.0%	0.39%
LLY	ELI LILLY & Co Healthcare	Added	3,075	+149	$2,828,292	−10.1%	0.38%
LULU	lululemon athletica inc. Consumer Cyclical	Added	16,050	+618	$2,457,255	−23.4%	0.33%
MCK	Mckesson Corp Healthcare	Held	2,625	0	$2,271,570	+5.5%	0.31%
WPC	W. P. Carey Inc. Real Estate	Reduced	33,078	-3,670	$2,247,980	−5.0%	0.30%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Reduced	7,269	-1,000	$2,210,357	−6.9%	0.30%
KLAC	Kla Corp Technology	Held	1,451	0	$2,136,466	+21.2%	0.29%
NFLX	Netflix Inc Communication Services	Added	21,501	+1,314	$2,067,321	+9.2%	0.28%
GRNT	Granite Ridge Resources, Inc. Energy	Held	310,606	0	$1,823,257	+24.9%	0.25%
PEP	Pepsico Inc Consumer Defensive	Added	11,309	+3,170	$1,756,174	+50.3%	0.24%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Reduced	3,821	-341	$1,706,229	−9.6%	0.23%