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Portfolio (Quarterly) Guide ↗

Lummis Asset Management, LP

· CIK 0002011652
13F Portfolio $167M AUM 194 positions Filed May 11, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 14 New 7 Added 34 Reduced 11 Exited
Page 2 of 2  ·  34 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 DG Dollar General Corp Consumer Defensive 13,932.0 $1.6M 0.98% -735.0 -5.0% $117.54 -10.9%
22 COP Conocophillips Energy 12,533.0 $1.6M 0.96% -125.0 -1.0% $127.67 -9.3%
23 KO Coca Cola Co. Consumer Defensive 20,649.0 $1.6M 0.95% -2K -7.0% $77.14 +6.3%
24 SCHO Schwab Short Term US 46,846.0 $1.1M 0.68% -5K -9.5% $24.27 -0.4%
25 WMB Williams Cos Inc Com Energy 14,018.0 $1.0M 0.61% -1K -7.1% $72.95 +3.1%
26 GOOGL Alphabet Inc Communication Services 3,270.0 $940K 0.56% -77.0 -2.3% $287.56 +36.4%
27 SSB South St Corp Financial Services 8,326.0 $785K 0.47% -689.0 -7.6% $94.25 +0.8%
28 FFIN First Financial Bancshares, In Financial Services 24,673.0 $762K 0.46% -133.0 -0.5% $30.87 +4.9%
29 ADP Automatic Data Processing Corp Industrials 2,030.0 $426K 0.26% -15.0 -0.7% $209.83 +3.6%
30 APH Amphenol Corp. Technology 2,887.0 $365K 0.22% -48.0 -1.6% $126.35 +11.3%
31 O Realty Incm Corp Real Estate 5,184.0 $322K 0.19% -309.0 -5.6% $62.02 +0.8%
32 MCD McDonald's Corp Consumer Cyclical 268.0 $83K 0.05% -7.0 -2.5% $310.79 -9.6%
33 ADSK Autodesk Inc Technology 83.0 $20K 0.01% -28.0 -25.2% $239.40 -0.6%
34 ET Energy Transfer Equity Energy 970.0 $19K 0.01% -3K -76.2% $19.30 +1.3%
Page 2 of 2  ·  34 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Energy 24.5%
Technology 21.8%
Financial Services 10.4%
Healthcare 10.0%
Consumer Cyclical 8.4%
Communication Services 7.8%
Industrials 6.7%
Consumer Defensive 5.2%
Real Estate 4.8%
Utilities 0.3%