13F Insight
DOSSIER · 13F-HR · Q2 2026

PENN DAVIS MCFARLAND INC

$1.1B in tracked AUM across 79 positions as of Q2 2026.

PD
CIK 0001108893 · last filed Jun 30, 2026
Total AUM
$1.1B
as of Q2 2026
Holdings
79
—
positions
Whale Score
68
68
tracked
Activity
—
no data
changes this Q
AI Analysis · Q2 2026
Comprehensive Analysis of PENN DAVIS MCFARLAND INC 13F Filing
Portfolio Overview

Penn Davis McFarland Inc. reported a significant expansion in its portfolio management operations for the quarter ending December 31, 2025. The total portfolio value surged by 76.1%, rising from $592.82 million to $1.04 billion. This substantial increase in assets under management (AUM) was driven not merely by market appreciation, but by a dramatic restructuring of the portfolio.

The firm shifted...

Key Holdings

The portfolio is currently top-heavy, with a strong concentration in mega-cap technology and communication services. The largest position is Alphabet Inc., which accounts for a combined 19.04% of the portfolio (Class C at 13.88% and Class A at 5.16%). This indicates a strong conviction in the Google parent company, likely driven by AI infrastructure or advertising revenue stability.

NVIDIA Corp retains the second-largest position at 8.93% ($93.26M), despite a reduction in shares during the quarter. This suggests the firm is taking profits or trimming high-flying valuations while maintaining a core exposure to the semiconductor AI trade.

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
GOOG
ALPHABET, INC. CL C (GOOGLE C)
$151M428K13.5%02
NVDA
NVIDIA CORP
$93M466K8.3%03
UNH
UNITEDHEALTH GROUP, INC.
$57M136K5.0%04
G76279101
ROIVANT SCIENCES LTD.
$56M1.6M5.0%05
KMI
KINDER MORGAN, INC.
$54M1.7M4.8%06
AAPL
APPLE, INC.
$51M176K4.5%07
EPD
ENTERPRISE PRODUCTS PRTNS
$43M1.2M3.9%08
G1151C101
ACCENTURE PLC
$40M321K3.6%09
BUD
ANHEUSER-BUSCH INBEV SA/NV
$40M483K3.5%10
SHEL
SHELL PLC
$38M490K3.4%

Filing history

2026Q2Jun 30
$1.1B▲ 9.8%
79 positionsView →2026Q1Mar 31
$1.0B▼ 2.1%
75 positionsView →2025Q4Dec 31
$1.0B▲ 7.9%
75 positionsView →2025Q3Sep 30
$968M▲ 9.0%
76 positionsView →2025Q2Jun 30
$888M▲ 5.0%
76 positionsLocked2025Q1Mar 31
$845M▼ 8.0%
75 positionsLocked2024Q4Dec 31
$919M▲ 3.3%
81 positionsLocked2024Q3Sep 30
$889M▲ 37.4%
77 positionsLocked2024Q2Jun 30
$647M▲ 0.4%
45 positionsLocked2024Q1Mar 31
$645M▲ 9.7%
47 positionsLocked2023Q4Dec 31
$588M▲ 3.0%
46 positionsLocked2023Q3Sep 30
$571M▲ 1.7%
46 positionsLocked
Showing 12 of 100