SFMG, LLC

Q4 2025 13F-HR Holdings

Location
Plano, TX
Holdings as of
12/31/2025
Date filed
2/10/2026
Form type
13F-HR
Num holdings
309
Total value ($000)
$1,491,736
Net value change ($000)
+49,199 (3.4%)
New positions
22
Sold out positions
22
Turnover %
1.3%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/13/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
PTLC 5,231 4.1%
GOOGL 4,737 26.1%
AAPL 4,691 8.4%
SPHQ 4,149 3.4%
COWZ 4,087 7.7%
MOAT 3,813 6.1%
GSLC 3,228 3.0%
NVDA 2,716 9.6%
USFR 2,483 NEW
AMAT 2,430 22.7%
Top Reduces (Value $000, Stocks/ETFs)
MSFT -3,948 -11.7%
DOC -2,913 -100.0%
DVN -2,067 -100.0%
QQQ -1,347 -20.9%
TLT -967 -12.7%
IGV -896 -14.7%
BMY -888 -81.2%
PANW -833 -11.5%
META -802 -10.6%
FBTC -769 -16.9%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 1,483 (0.1% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type