Lummis Asset Management, LP reported 174 positions worth $161.02M for the quarter ended Jun 30, 2026, up 3.0% on the prior quarter. It opened 38 new positions, added to 29, trimmed 34 and exited 6. Its largest holding is Matador Resources Co at 10% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| GOLF Acushnet Holdings Corp. | +38.8K | – | $4.38M | 2.72% |
| AMRZ Amrize Ltd | +9,500 | +19.3% | $492.85K | 1.89% |
| TFPM Triple Flag Precious Metals Corp. | +6,455 | +5.2% | $192.84K | 2.43% |
| BRK-B Berkshire Hathaway Inc | +133 | +0.8% | $67.02K | 4.95% |
| PG PROCTER & GAMBLE Co | +303 | +4.5% | $43.69K | 0.627% |
| EROK EagleRock Land, LLC | +2,000 | – | $42.50K | 0.026% |
| NVDA Nvidia Corp | +69 | +16.1% | $13.81K | 0.062% |
| AMZN Amazon Com Inc | +33 | +0.5% | $7.84K | 1.05% |
| LLYVK Liberty Live Holdings, Inc. | +65 | +3,250.0% | $6.20K | <0.01% |
| AVGO Broadcom Inc. | +15 | +21.4% | $5.67K | 0.02% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| PEP Pepsico Inc | -7,545 | -43.9% | $1.02M | 0.811% |
| DORM Dorman Products, Inc. | -6,815 | -34.7% | $929.91K | 1.08% |
| DVN Devon Energy Corp | -10.3K | -27.6% | $585.58K | 0.954% |
| AAPL Apple Inc. | -992 | -1.9% | $306.74K | 9.89% |
| PFE Pfizer Inc | -11.3K | -100.0% | $302.08K | Exited |
| MSFT Microsoft Corp | -458 | -1.4% | $190.46K | 8.12% |
| MTDR Matador Resources Co | -3,825 | -1.2% | $187.97K | 10.03% |
| GOOG Alphabet Inc. | -409 | -1.3% | $141.34K | 6.7% |
| ROST Ross Stores, Inc. | -589 | -2.9% | $133.34K | 2.82% |
| ORCL Oracle Corp | -680 | -2.3% | $95.70K | 2.52% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| GOLF Acushnet Holdings Corp. | +38.8K | $4.38M | 2.72% |
| EROK EagleRock Land, LLC | +2,000 | $42.50K | 0.026% |
| BAC Bank Of America Corp | +56 | $3.19K | <0.01% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | +6 | $2.87K | <0.01% |
| DIS Walt Disney Co | +26 | $2.50K | <0.01% |
| HD Home Depot, Inc. | +7 | $2.47K | <0.01% |
| MRK Merck & Co., Inc. | +16 | $2.06K | <0.01% |
| AEP American Electric Power Co Inc | +15 | $2.05K | <0.01% |
| NXPI NXP Semiconductors N.V. | +7 | $1.97K | <0.01% |
| STX Seagate Technology Holdings plc | +2 | $1.93K | <0.01% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| PFE Pfizer Inc | -11.3K | $302.08K | 0.193% |
| NEE Nextera Energy Inc | -61 | $5.67K | <0.01% |
| FWONK Liberty Media Corp | -65 | $5.53K | <0.01% |
| HIG-G Hartford Insurance Group, Inc. (The), Series G, Pfd. | -13 | $1.76K | <0.01% |
| TTEK Tetra Tech Inc | -50 | $1.51K | <0.01% |
| TIGO Millicom International Cellular Sa | -3 | $45.00 | <0.01% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | MTDR Matador Resources Co | Energy | 328.8K | $16.16M | 10.03% | -3,825 | -1.2% | Reduced | 0.26% |
| 2 | AAPL Apple Inc. | Technology | 51.5K | $15.93M | 9.89% | -992 | -1.9% | Reduced | 0% |
| 3 | MSFT Microsoft Corp | Technology | 31.4K | $13.07M | 8.12% | -458 | -1.4% | Reduced | 0% |
| 4 | GOOG Alphabet Inc. | Technology | 31.2K | $10.79M | 6.7% | -409 | -1.3% | Reduced | 0% |
| 5 | BRK-B Berkshire Hathaway Inc | Financial Services | 15.8K | $7.97M | 4.95% | +133 | +0.8% | Added | 0% |
| 6 | GD General Dynamics Corp | Industrials | 14.1K | $5.12M | 3.18% | -160 | -1.1% | Reduced | 0.01% |
| 7 | BSM Black Stone Minerals, L.P. | Energy | 343.8K | $5.09M | 3.16% | 0 | 0.0% | Unchanged | 0.16% |
| 8 | GS Goldman Sachs Group Inc | Financial Services | 4,831 | $4.91M | 3.05% | -75 | -1.5% | Reduced | 0% |
| 9 | ROST Ross Stores, Inc. | Consumer Discretionary | 20.1K | $4.54M | 2.82% | -589 | -2.9% | Reduced | 0.01% |
| 10 | GOLF Acushnet Holdings Corp. | Consumer Discretionary | 38.8K | $4.38M | 2.72% | +38.8K | – | New | 0.06% |
| 11 | ORCL Oracle Corp | Technology | 28.8K | $4.05M | 2.52% | -680 | -2.3% | Reduced | 0% |
| 12 | TFPM Triple Flag Precious Metals Corp. | Financial Services | 131.1K | $3.92M | 2.43% | +6,455 | +5.2% | Added | 0.06% |
| 13 | EQIX Equinix Inc | Technology | 3,723 | $3.90M | 2.42% | 0 | 0.0% | Unchanged | 0% |
| 14 | TMO Thermo Fisher Scientific Inc. | Healthcare | 6,367 | $3.40M | 2.11% | -3 | 0.0% | Reduced | 0% |
| 15 | JNJ Johnson & Johnson | Healthcare | 12.8K | $3.28M | 2.04% | -24 | -0.2% | Reduced | 0% |
Tip. Select a row to see that position’s full history at Lummis Asset Management.
As of its Q2 2026 13F filing, Lummis Asset Management, LP’s five largest positions were Matador Resources Co (MTDR) at 10.0%, Apple Inc. (AAPL) at 9.9%, Microsoft Corp (MSFT) at 8.1%, Alphabet Inc. (GOOG) at 6.7%, Berkshire Hathaway Inc (BRK-B) at 5.0% of the reported portfolio.
Lummis Asset Management, LP reported a 13F portfolio worth $161.02M across 174 positions for Q2 2026. That is up 3.0% from the previous quarter.
Its largest purchases by value were Acushnet Holdings Corp. ($4.38M), Amrize Ltd ($492.85K), Triple Flag Precious Metals Corp. ($192.84K). It opened 38 new positions.
Its largest sales by value were Pepsico Inc ($1.02M), Dorman Products, Inc. ($929.91K), Devon Energy Corp ($585.58K). It exited 6 positions entirely.
From the Form 13F-HR reports Lummis Asset Management, LP files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.