Filed: 2/12/2026ACC: 0001193125-26-047561
📋 What this filing means
FIRST FINANCIAL BANKSHARES INC filed this quarterly 13F‑HR report disclosing 212 equity positions with a total reported market value of $4.97B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
212
Positions
$4.97B
Total AUM (reported)
44.61M
Total Shares
Allocation by class
COM$3.19B64.3%
CAP STK CL A$220.40M4.4%
TOTAL BND MRKT$195.93M3.9%
CORE S&P MCP ETF$192.77M3.9%
CL A$177.05M3.6%
SHS$149.86M3.0%
VAN FTSE DEV MKT$131.85M2.7%
Portfolio Concentration
Top 3$782.92M15.8%
4–10$1.20B24.1%
11–25$1.27B25.6%
Rest$1.72B34.5%
Top 3 weight
15.8%
Top 10 weight
39.9%
Voting Authority Distribution
Total shares with voting rights: 44.51M
Sole
Full voting authority
44.28M
shares
% of voting shares99.5%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
224.55K
shares
% of voting shares0.5%
Investment Discretion (by position count)
Sole0
Shared0
Other212
Dominant voting typeSole · 99.5% of voting shares
Institutional Holdings212
Rows:
MICROSOFT CORP
DFNDShares631.60K
TypeSH
Market value$305.45M
6.15%
Sole
627.21K
Shared
0.00
None
4.39K
BROADCOM INC
DFNDShares693.16K
TypeSH
Market value$239.90M
4.83%
Sole
687.13K
Shared
0.00
None
633.00
JPMORGAN CHASE & CO.
DFNDShares737.28K
TypeSH
Market value$237.57M
4.78%
Sole
734.16K
Shared
0.00
None
3.12K
ALPHABET INC
DFNDShares704.14K
TypeSH
Market value$220.40M
4.44%
Sole
695.71K
Shared
0.00
None
8.43K
APPLE INC
DFNDShares729.97K
TypeSH
Market value$198.45M
3.99%
Sole
724.32K
Shared
0.00
None
5.65K
VANGUARD BD INDEX FDS
DFNDShares2.65M
TypeSH
Market value$195.93M
3.94%
Sole
2.61M
Shared
0.00
None
363.00
ISHARES TR
DFNDShares2.92M
TypeSH
Market value$192.77M
3.88%
Sole
2.88M
Shared
0.00
None
39.83K
JOHNSON & JOHNSON
DFNDShares709.38K
TypeSH
Market value$146.81M
2.96%
Sole
706.38K
Shared
0.00
None
31.00
VANGUARD TAX-MANAGED FDS
DFNDShares2.11M
TypeSH
Market value$131.85M
2.65%
Sole
2.10M
Shared
0.00
None
1.86K
BLACKSTONE INC
DFNDShares734.92K
TypeSH
Market value$113.28M
2.28%
Sole
730.12K
Shared
0.00
None
485.00
MCDONALDS CORP
DFNDShares319.20K
TypeSH
Market value$97.56M
1.96%
Sole
317.99K
Shared
0.00
None
1.21K
CHEVRON CORP NEW
DFNDShares636.59K
TypeSH
Market value$97.02M
1.95%
Sole
633.78K
Shared
0.00
None
285.00
BANK AMERICA CORP
DFNDShares1.72M
TypeSH
Market value$94.39M
1.90%
Sole
1.71M
Shared
0.00
None
618.00
META PLATFORMS INC
DFNDShares141.95K
TypeSH
Market value$93.70M
1.89%
Sole
140.03K
Shared
0.00
None
1.93K
NVIDIA CORPORATION
DFNDShares474.75K
TypeSH
Market value$88.54M
1.78%
Sole
467.79K
Shared
0.00
None
6.97K
WILLIAMS COS INC
DFNDShares1.44M
TypeSH
Market value$86.61M
1.74%
Sole
1.44M
Shared
0.00
None
5.49K
VANGUARD SCOTTSDALE FDS
DFNDShares1.03M
TypeSH
Market value$81.81M
1.65%
Sole
1.01M
Shared
0.00
None
1.52K
CISCO SYS INC
DFNDShares1.05M
TypeSH
Market value$81.19M
1.63%
Sole
1.05M
Shared
0.00
None
4.82K
EATON CORP PLC
DFNDShares253.78K
TypeSH
Market value$80.83M
1.63%
Sole
252.49K
Shared
0.00
None
1.30K
MICRON TECHNOLOGY INC
DFNDShares282.31K
TypeSH
Market value$80.57M
1.62%
Sole
277.88K
Shared
0.00
None
4.43K
NEXTERA ENERGY INC
DFNDShares988.12K
TypeSH
Market value$79.33M
1.60%
Sole
983.98K
Shared
0.00
None
4.14K
AMAZON COM INC
DFNDShares337.54K
TypeSH
Market value$77.91M
1.57%
Sole
332.21K
Shared
0.00
None
5.32K
PEPSICO INC
DFNDShares538.03K
TypeSH
Market value$77.22M
1.55%
Sole
535.86K
Shared
0.00
None
2.16K
MERCK & CO INC
DFNDShares728.52K
TypeSH
Market value$76.68M
1.54%
Sole
725.22K
Shared
0.00
None
3.30K
VANGUARD SCOTTSDALE FDS
DFNDShares1.30M
TypeSH
Market value$76.50M
1.54%
Sole
1.28M
Shared
0.00
None
18.41K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPDFND | COM | 631.60K | SH | $305.45M 6.15% | 627.21K | 0.00 | 4.39K |
BROADCOM INCDFND | COM | 693.16K | SH | $239.90M 4.83% | 687.13K | 0.00 | 633.00 |
JPMORGAN CHASE & CO.DFND | COM | 737.28K | SH | $237.57M 4.78% | 734.16K | 0.00 | 3.12K |
ALPHABET INCDFND | CAP STK CL A | 704.14K | SH | $220.40M 4.44% | 695.71K | 0.00 | 8.43K |
APPLE INCDFND | COM | 729.97K | SH | $198.45M 3.99% | 724.32K | 0.00 | 5.65K |
VANGUARD BD INDEX FDSDFND | TOTAL BND MRKT | 2.65M | SH | $195.93M 3.94% | 2.61M | 0.00 | 363.00 |
ISHARES TRDFND | CORE S&P MCP ETF | 2.92M | SH | $192.77M 3.88% | 2.88M | 0.00 | 39.83K |
JOHNSON & JOHNSONDFND | COM | 709.38K | SH | $146.81M 2.96% | 706.38K | 0.00 | 31.00 |
VANGUARD TAX-MANAGED FDSDFND | VAN FTSE DEV MKT | 2.11M | SH | $131.85M 2.65% | 2.10M | 0.00 | 1.86K |
BLACKSTONE INCDFND | COM | 734.92K | SH | $113.28M 2.28% | 730.12K | 0.00 | 485.00 |
MCDONALDS CORPDFND | COM | 319.20K | SH | $97.56M 1.96% | 317.99K | 0.00 | 1.21K |
CHEVRON CORP NEWDFND | COM | 636.59K | SH | $97.02M 1.95% | 633.78K | 0.00 | 285.00 |
BANK AMERICA CORPDFND | COM | 1.72M | SH | $94.39M 1.90% | 1.71M | 0.00 | 618.00 |
META PLATFORMS INCDFND | CL A | 141.95K | SH | $93.70M 1.89% | 140.03K | 0.00 | 1.93K |
NVIDIA CORPORATIONDFND | COM | 474.75K | SH | $88.54M 1.78% | 467.79K | 0.00 | 6.97K |
WILLIAMS COS INCDFND | COM | 1.44M | SH | $86.61M 1.74% | 1.44M | 0.00 | 5.49K |
VANGUARD SCOTTSDALE FDSDFND | SHRT TRM CORP BD | 1.03M | SH | $81.81M 1.65% | 1.01M | 0.00 | 1.52K |
CISCO SYS INCDFND | COM | 1.05M | SH | $81.19M 1.63% | 1.05M | 0.00 | 4.82K |
EATON CORP PLCDFND | SHS | 253.78K | SH | $80.83M 1.63% | 252.49K | 0.00 | 1.30K |
MICRON TECHNOLOGY INCDFND | COM | 282.31K | SH | $80.57M 1.62% | 277.88K | 0.00 | 4.43K |
NEXTERA ENERGY INCDFND | COM | 988.12K | SH | $79.33M 1.60% | 983.98K | 0.00 | 4.14K |
AMAZON COM INCDFND | COM | 337.54K | SH | $77.91M 1.57% | 332.21K | 0.00 | 5.32K |
PEPSICO INCDFND | COM | 538.03K | SH | $77.22M 1.55% | 535.86K | 0.00 | 2.16K |
MERCK & CO INCDFND | COM | 728.52K | SH | $76.68M 1.54% | 725.22K | 0.00 | 3.30K |
VANGUARD SCOTTSDALE FDSDFND | SHORT TERM TREAS | 1.30M | SH | $76.50M 1.54% | 1.28M | 0.00 | 18.41K |
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