Latest SFMG, LLC Stock Portfolio

$1.48Billion– No. of Holdings #312

SFMG, LLC Performance:

2026 Q1: -1.6%YTD: -1.6%2025: 12.19%

Performance for 2026 Q1 is -1.6%, and YTD is -1.6%, and 2025 is 12.19%.

About SFMG, LLC and 13F Hedge Fund Stock Holdings

On 2026-05-12, the fund reported it's updated stock portfolio. In the 13F Holdings report, SFMG, LLC reported an equity portfolio of $1.5 Billions as of 31 Mar, 2026.

The top stock holdings of SFMG, LLC are ATO, AFTY, CSD. The fund has invested 13.2% of it's portfolio in ATMOS ENERGY CORP and 8.9% of portfolio in PACER FDS TR.

The fund managers got completely rid off KINDER MORGAN INC DEL (KMI), INVESCO EXCH TRADED FD TR II (CGW) and SCHWAB STRATEGIC TR (FNDA) stocks. They significantly reduced their stock positions in INNOVATOR ETFS TRUST (BALT), J P MORGAN EXCHANGE TRADED F and VALERO ENERGY CORP (VLO). SFMG, LLC opened new stock positions in IREN LIMITED (IREN), CULLEN FROST BANKERS INC (CFR) and PIMCO DYNAMIC INCOME FD. The fund showed a lot of confidence in some stocks as they added substantially to BLACKROCK MUNIHOLDINGS FD IN, SHELL PLC (SHEL) and DARLING INGREDIENTS INC (DAR).

SFMG, LLC Equity Portfolio Value

Last Reported on: 12 May, 2026

SFMG, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that SFMG, LLC made a return of -1.6% in the last quarter. In trailing 12 months, it's portfolio return was 11.77%.

Performance
S&P 500

New Buys

Ticker	$ Bought
iren limited	491,918
cullen frost bankers inc	465,661
pimco dynamic income fd	342,200
nano dimension ltd	299,892
merck & co inc	287,141
astrazeneca plc	278,785
caseys gen stores inc	236,555
proshares tr	229,814

New stocks bought by SFMG, LLC

Additions

Ticker	% Inc.
blackrock muniholdings fd in	101
blackrock muniyield quality	96.99
shell plc	74.61
actuate therapeutics inc	65.00
darling ingredients inc	61.9
playboy inc	53.33
fidelity covington trust	50.85
consolidated edison inc	45.96

Additions to existing portfolio by SFMG, LLC

Reductions

Ticker	% Reduced
innovator etfs trust	-83.95
j p morgan exchange traded f	-55.00
valero energy corp	-40.47
pacer fds tr	-40.42
goldman sachs etf tr	-34.2
dell technologies inc	-31.57
enterprise prods partners l	-30.53
spdr series trust	-25.72

SFMG, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
kinder morgan inc del	-2,275,840
blackrock munivest fd inc	-143,818
blackrock muniholdings quali	-143,549
blackrock muniyield fd inc	-138,604
schwab strategic tr	-344,034
butterfly network inc	-39,087
invesco exch traded fd tr ii	-542,491
matador res co	-245,897

SFMG, LLC got rid off the above stocks

Sector Distribution

SFMG, LLC has about 57% of it's holdings in Others sector.

Others
Utilities
Technology
Industrials
Consumer Cyclical
Communication Services
Healthcare
Energy
Consumer Defensive
Financial Services

Sector	%
Others	57
Utilities	13.7
Technology	12.1
Industrials	3.1
Consumer Cyclical	3
Communication Services	3
Healthcare	2.3
Energy	2.1
Consumer Defensive	1.8
Financial Services	1.5

Market Cap. Distribution

SFMG, LLC has about 42% of it's portfolio invested in the large-cap and mega-cap stocks.

UNALLOCATED
LARGE-CAP
MEGA-CAP

Category	%
UNALLOCATED	57
LARGE-CAP	22
MEGA-CAP	20

Stocks belong to which Index?

About 41.3% of the stocks held by SFMG, LLC either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500

Index	%
Others	58
S&P 500	41.3

Top 5 Winners (%)		%
KOS	kosmos energy ltd	181.7 %
TPL	texas pacific land corporati	65.2 %
CHCI	comstock hldg cos inc	63.0 %
WDC	western digital corp	55.3 %
GLW	corning inc	55.2 %

Top 5 Winners ($)		$
ATO	atmos energy corp	18.1 M
AMAT	applied matls inc	4.3 M
COP	conocophillips	2.6 M
AFTY	pacer fds tr	1.8 M
VZ	verizon communications inc	1.6 M

Top 5 Losers (%)		%
	actuate therapeutics inc	-49.8 %
AQST	aquestive therapeutics inc	-35.8 %
SOUN	soundhound ai inc	-31.1 %
ADBE	adobe inc	-30.2 %
CRM	salesforce inc	-29.2 %

Top 5 Losers ($)		$
AFTY	pacer fds tr	-7.7 M
MSFT	microsoft corp	-6.9 M
GBIL	goldman sachs etf tr	-6.1 M
AFK	vaneck etf trust	-4.5 M
AAPL	apple inc	-4.1 M

SFMG, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of SFMG, LLC

SFMG, LLC has 312 stocks in it's portfolio. About 61% of the portfolio is in top 10 stocks. AFTY proved to be the most loss making stock for the portfolio. ATO was the most profitable stock for SFMG, LLC last quarter.

Last Reported on: 12 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.98	231,927	58,860,700	added	3.83

AAXJ	ishares tr	0.08	5,423	1,186,280	unchanged	0.00

AAXJ	ishares tr	0.06	6,362	880,310	unchanged	0.00

AAXJ	ishares tr	0.04	5,543	657,437	reduced	-7.52

AAXJ	ishares tr	0.04	5,108	655,305	reduced	-3.79

AAXJ	ishares tr	0.03	4,536	500,676	reduced	-19.14

AAXJ	ishares tr	0.02	9,736	295,207	reduced	-7.3

ABBV	abbvie inc	0.09	6,024	1,310,170	added	3.33

ABT	abbott laboratories	0.03	3,620	371,678	reduced	-8.49

ACES	alps etf tr	0.02	5,809	305,786	unchanged	0.00

ACIO	etf ser solutions	0.01	8,463	208,444	unchanged	0.00

ACN	accenture plc ireland	0.03	2,436	483,034	reduced	-0.37

ACWF	ishares tr	0.03	10,454	482,888	added	2.74

ACWV	ishares inc	0.02	2,099	250,851	unchanged	0.00

ADBE	adobe inc	0.28	16,928	4,114,780	added	3.44

ADI	analog devices inc	0.05	2,401	763,794	added	0.92

ADP	automatic data processing in	0.04	3,015	612,602	reduced	-1.15

AFK	vaneck etf trust	4.40	672,286	65,010,100	added	4.91

AFK	vaneck etf trust	0.11	4,255	1,631,430	unchanged	0.00

AFK	vaneck etf trust	0.05	5,598	745,598	unchanged	0.00