Filed: 10/21/2025ACC: 0001108893-25-000007
📋 What this filing means
PENN DAVIS MCFARLAND INC filed this quarterly 13F‑HR report disclosing 76 equity positions with a total reported market value of $967.65M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
76
Positions
$967.65M
Total AUM (reported)
13.71M
Total Shares
Allocation by class
COMMON STOCKS$967.65M100.0%
Portfolio Concentration
Top 3$259.11M26.8%
4–10$284.31M29.4%
11–25$309.54M32.0%
Rest$114.69M11.9%
Top 3 weight
26.8%
Top 10 weight
56.2%
Voting Authority Distribution
Total shares with voting rights: 13.71M
Sole
Full voting authority
13.71M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole76
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings76
Rows:
ALPHABET, INC. CL C (GOOGLE C)
SOLEShares464.32K
TypeSH
Market value$113.09M
11.69%
Sole
464.32K
Shared
0.00
None
0.00
NVIDIA CORP
SOLEShares520.28K
TypeSH
Market value$97.07M
10.03%
Sole
520.28K
Shared
0.00
None
0.00
KINDER MORGAN, INC.
SOLEShares1.73M
TypeSH
Market value$48.95M
5.06%
Sole
1.73M
Shared
0.00
None
0.00
UNITEDHEALTH GROUP, INC.
SOLEShares135.69K
TypeSH
Market value$46.85M
4.84%
Sole
135.69K
Shared
0.00
None
0.00
APPLE, INC.
SOLEShares182.99K
TypeSH
Market value$46.59M
4.82%
Sole
182.99K
Shared
0.00
None
0.00
PAYPAL HOLDINGS, INC.
SOLEShares646.86K
TypeSH
Market value$43.38M
4.48%
Sole
646.86K
Shared
0.00
None
0.00
ALPHABET, INC. CL A (GOOGLE A)
SOLEShares173.38K
TypeSH
Market value$42.15M
4.36%
Sole
173.38K
Shared
0.00
None
0.00
ENTERPRISE PRODUCTS PRTNS
SOLEShares1.18M
TypeSH
Market value$37.02M
3.83%
Sole
1.18M
Shared
0.00
None
0.00
SHELL PLC
SOLEShares502.64K
TypeSH
Market value$35.95M
3.72%
Sole
502.64K
Shared
0.00
None
0.00
RTX CORP.
SOLEShares193.45K
TypeSH
Market value$32.37M
3.35%
Sole
193.45K
Shared
0.00
None
0.00
QUALCOMM, INC.
SOLEShares190.49K
TypeSH
Market value$31.69M
3.27%
Sole
190.49K
Shared
0.00
None
0.00
ROIVANT SCIENCES LTD.
SOLEShares1.86M
TypeSH
Market value$28.17M
2.91%
Sole
1.86M
Shared
0.00
None
0.00
LOCKHEED MARTIN CORP
SOLEShares55.51K
TypeSH
Market value$27.71M
2.86%
Sole
55.51K
Shared
0.00
None
0.00
ANHEUSER-BUSCH INBEV SA/NV
SOLEShares464.09K
TypeSH
Market value$27.66M
2.86%
Sole
464.09K
Shared
0.00
None
0.00
CHECK POINT SOFTWARE TECH
SOLEShares122.67K
TypeSH
Market value$25.38M
2.62%
Sole
122.67K
Shared
0.00
None
0.00
BLACK STONE MINERALS LP
SOLEShares1.92M
TypeSH
Market value$25.21M
2.61%
Sole
1.92M
Shared
0.00
None
0.00
LAS VEGAS SANDS
SOLEShares406.34K
TypeSH
Market value$21.86M
2.26%
Sole
406.34K
Shared
0.00
None
0.00
SPROUTS FARMERS MARKET INC
SOLEShares172.31K
TypeSH
Market value$18.75M
1.94%
Sole
172.31K
Shared
0.00
None
0.00
MATCH GROUP INC.
SOLEShares482.06K
TypeSH
Market value$17.03M
1.76%
Sole
482.06K
Shared
0.00
None
0.00
BRISTOL-MYERS SQUIBB CO
SOLEShares351.66K
TypeSH
Market value$15.86M
1.64%
Sole
351.66K
Shared
0.00
None
0.00
MICROSOFT CORPORATION
SOLEShares28.55K
TypeSH
Market value$14.79M
1.53%
Sole
28.55K
Shared
0.00
None
0.00
SIRIUSXM HOLDINGS INC.
SOLEShares634.29K
TypeSH
Market value$14.76M
1.53%
Sole
634.29K
Shared
0.00
None
0.00
XYLEM, INC.
SOLEShares96.19K
TypeSH
Market value$14.19M
1.47%
Sole
96.19K
Shared
0.00
None
0.00
EVOLUTION AB-ADR
SOLEShares169.88K
TypeSH
Market value$13.93M
1.44%
Sole
169.88K
Shared
0.00
None
0.00
WASTE MANGEMENT, INC.
SOLEShares56.84K
TypeSH
Market value$12.55M
1.30%
Sole
56.84K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ALPHABET, INC. CL C (GOOGLE C)SOLE | Common Stocks | 464.32K | SH | $113.09M 11.69% | 464.32K | 0.00 | 0.00 |
NVIDIA CORPSOLE | Common Stocks | 520.28K | SH | $97.07M 10.03% | 520.28K | 0.00 | 0.00 |
KINDER MORGAN, INC.SOLE | Common Stocks | 1.73M | SH | $48.95M 5.06% | 1.73M | 0.00 | 0.00 |
UNITEDHEALTH GROUP, INC.SOLE | Common Stocks | 135.69K | SH | $46.85M 4.84% | 135.69K | 0.00 | 0.00 |
APPLE, INC.SOLE | Common Stocks | 182.99K | SH | $46.59M 4.82% | 182.99K | 0.00 | 0.00 |
PAYPAL HOLDINGS, INC.SOLE | Common Stocks | 646.86K | SH | $43.38M 4.48% | 646.86K | 0.00 | 0.00 |
ALPHABET, INC. CL A (GOOGLE A)SOLE | Common Stocks | 173.38K | SH | $42.15M 4.36% | 173.38K | 0.00 | 0.00 |
ENTERPRISE PRODUCTS PRTNSSOLE | Common Stocks | 1.18M | SH | $37.02M 3.83% | 1.18M | 0.00 | 0.00 |
SHELL PLCSOLE | Common Stocks | 502.64K | SH | $35.95M 3.72% | 502.64K | 0.00 | 0.00 |
RTX CORP.SOLE | Common Stocks | 193.45K | SH | $32.37M 3.35% | 193.45K | 0.00 | 0.00 |
QUALCOMM, INC.SOLE | Common Stocks | 190.49K | SH | $31.69M 3.27% | 190.49K | 0.00 | 0.00 |
ROIVANT SCIENCES LTD.SOLE | Common Stocks | 1.86M | SH | $28.17M 2.91% | 1.86M | 0.00 | 0.00 |
LOCKHEED MARTIN CORPSOLE | Common Stocks | 55.51K | SH | $27.71M 2.86% | 55.51K | 0.00 | 0.00 |
ANHEUSER-BUSCH INBEV SA/NVSOLE | Common Stocks | 464.09K | SH | $27.66M 2.86% | 464.09K | 0.00 | 0.00 |
CHECK POINT SOFTWARE TECHSOLE | Common Stocks | 122.67K | SH | $25.38M 2.62% | 122.67K | 0.00 | 0.00 |
BLACK STONE MINERALS LPSOLE | Common Stocks | 1.92M | SH | $25.21M 2.61% | 1.92M | 0.00 | 0.00 |
LAS VEGAS SANDSSOLE | Common Stocks | 406.34K | SH | $21.86M 2.26% | 406.34K | 0.00 | 0.00 |
SPROUTS FARMERS MARKET INCSOLE | Common Stocks | 172.31K | SH | $18.75M 1.94% | 172.31K | 0.00 | 0.00 |
MATCH GROUP INC.SOLE | Common Stocks | 482.06K | SH | $17.03M 1.76% | 482.06K | 0.00 | 0.00 |
BRISTOL-MYERS SQUIBB COSOLE | Common Stocks | 351.66K | SH | $15.86M 1.64% | 351.66K | 0.00 | 0.00 |
MICROSOFT CORPORATIONSOLE | Common Stocks | 28.55K | SH | $14.79M 1.53% | 28.55K | 0.00 | 0.00 |
SIRIUSXM HOLDINGS INC.SOLE | Common Stocks | 634.29K | SH | $14.76M 1.53% | 634.29K | 0.00 | 0.00 |
XYLEM, INC.SOLE | Common Stocks | 96.19K | SH | $14.19M 1.47% | 96.19K | 0.00 | 0.00 |
EVOLUTION AB-ADRSOLE | Common Stocks | 169.88K | SH | $13.93M 1.44% | 169.88K | 0.00 | 0.00 |
WASTE MANGEMENT, INC.SOLE | Common Stocks | 56.84K | SH | $12.55M 1.30% | 56.84K | 0.00 | 0.00 |
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