SFMG, LLC

Filed: 8/12/2025ACC: 0001512026-25-000006

📋 What this filing means

SFMG, LLC filed this quarterly 13F‑HR report disclosing 280 equity positions with a total reported market value of $1.33B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

280

Positions

$1.33B

Total AUM (reported)

15.01M

Total Shares

Allocation by class

COM$494.15M37.1%

S&P500 QUALITY$116.20M8.7%

TRENDP US LAR CP$114.08M8.6%

ACTIVEBETA US LG$98.49M7.4%

MSCI USA STRTGIC$84.71M6.4%

MRNGSTR WDE MOAT$57.79M4.3%

CL B NEW$56.25M4.2%

Portfolio Concentration

Top 3$391.04M29.3%

4–10$424.39M31.9%

11–25$209.68M15.7%

Rest$307.27M23.1%

Top 3 weight

29.3%

Top 10 weight

61.2%

Voting Authority Distribution

Total shares with voting rights: 15.01M

Sole

Full voting authority

1.32K

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

15.01M

% of voting shares100.0%

Investment Discretion (by position count)

Sole280

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings280

Rows:

ATMOS ENERGY CORP

SOLE

COM

Shares1.04M

TypeSH

Market value$160.76M

12.07%

Sole

0.00

Shared

0.00

None

1.04M

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 QUALITY

Shares1.63M

TypeSH

Market value$116.20M

8.72%

Sole

318.00

Shared

0.00

None

1.63M

PACER FDS TR

SOLE

TRENDP US LAR CP

Shares2.25M

TypeSH

Market value$114.08M

8.56%

Sole

270.00

Shared

0.00

None

2.25M

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US LG

Shares811.38K

TypeSH

Market value$98.49M

7.39%

Sole

191.00

Shared

0.00

None

811.19K

SPDR SERIES TRUST

SOLE

MSCI USA STRTGIC

Shares519.41K

TypeSH

Market value$84.71M

6.36%

Sole

136.00

Shared

0.00

None

519.28K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares616.18K

TypeSH

Market value$57.79M

4.34%

Sole

116.00

Shared

0.00

None

616.07K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares115.80K

TypeSH

Market value$56.25M

4.22%

Sole

0.00

Shared

0.00

None

115.80K

PACER FDS TR

SOLE

US CASH COWS 100

Shares893.73K

TypeSH

Market value$49.24M

3.70%

Sole

191.00

Shared

0.00

None

893.54K

APPLE INC

SOLE

COM

Shares218.06K

TypeSH

Market value$44.74M

3.36%

Sole

0.00

Shared

0.00

None

218.06K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares53.42K

TypeSH

Market value$33.17M

2.49%

Sole

0.00

Shared

0.00

None

53.42K

MICROSOFT CORP

SOLE

COM

Shares64.46K

TypeSH

Market value$32.06M

2.41%

Sole

0.00

Shared

0.00

None

64.46K

AMAZON COM INC

SOLE

COM

Shares98.86K

TypeSH

Market value$21.69M

1.63%

Sole

0.00

Shared

0.00

None

98.86K

NVIDIA CORPORATION

SOLE

COM

Shares134.53K

TypeSH

Market value$21.25M

1.60%

Sole

0.00

Shared

0.00

None

134.53K

ISHARES TR

SOLE

0-3 MNTH TREASRY

Shares164.38K

TypeSH

Market value$16.55M

1.24%

Sole

0.00

Shared

0.00

None

164.38K

J P MORGAN EXCHANGE TRADED F

SOLE

EQUITY PREMIUM

Shares260.46K

TypeSH

Market value$14.81M

1.11%

Sole

0.00

Shared

0.00

None

260.46K

ALPHABET INC

SOLE

CAP STK CL C

Shares74.31K

TypeSH

Market value$13.18M

0.99%

Sole

0.00

Shared

0.00

None

74.31K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares19.77K

TypeSH

Market value$12.21M

0.92%

Sole

0.00

Shared

0.00

None

19.77K

WALMART INC

SOLE

COM

Shares113.84K

TypeSH

Market value$11.13M

0.84%

Sole

0.00

Shared

0.00

None

113.84K

SCHWAB STRATEGIC TR

SOLE

LONG TERM US

Shares333.09K

TypeSH

Market value$10.62M

0.80%

Sole

96.00

Shared

0.00

None

332.99K

RTX CORPORATION

SOLE

COM

Shares72.38K

TypeSH

Market value$10.57M

0.79%

Sole

0.00

Shared

0.00

None

72.38K

ARES CAPITAL CORP

SOLE

COM

Shares477.01K

TypeSH

Market value$10.48M

0.79%

Sole

0.00

Shared

0.00

None

477.01K

ISHARES TR

SOLE

20 YR TR BD ETF

Shares108.83K

TypeSH

Market value$9.60M

0.72%

Sole

0.00

Shared

0.00

None

108.83K

APPLIED MATLS INC

SOLE

COM

Shares51.40K

TypeSH

Market value$9.41M

0.71%

Sole

0.00

Shared

0.00

None

51.40K

ADVANCED MICRO DEVICES INC

SOLE

COM

Shares58.90K

TypeSH

Market value$8.36M

0.63%

Sole

0.00

Shared

0.00

None

58.90K

META PLATFORMS INC

SOLE

CL A

Shares10.49K

TypeSH

Market value$7.75M

0.58%

Sole

0.00

Shared

0.00

None

10.49K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ATMOS ENERGY CORPSOLE	COM	1.04M	SH	$160.76M 12.07%	0.00	1.04M
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 QUALITY	1.63M	SH	$116.20M 8.72%	318.00	1.63M
PACER FDS TRSOLE	TRENDP US LAR CP	2.25M	SH	$114.08M 8.56%	270.00	2.25M
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US LG	811.38K	SH	$98.49M 7.39%	191.00	811.19K
SPDR SERIES TRUSTSOLE	MSCI USA STRTGIC	519.41K	SH	$84.71M 6.36%	136.00	519.28K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	616.18K	SH	$57.79M 4.34%	116.00	616.07K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	115.80K	SH	$56.25M 4.22%	0.00	115.80K
PACER FDS TRSOLE	US CASH COWS 100	893.73K	SH	$49.24M 3.70%	191.00	893.54K
APPLE INCSOLE	COM	218.06K	SH	$44.74M 3.36%	0.00	218.06K
ISHARES TRSOLE	CORE S&P500 ETF	53.42K	SH	$33.17M 2.49%	0.00	53.42K
MICROSOFT CORPSOLE	COM	64.46K	SH	$32.06M 2.41%	0.00	64.46K
AMAZON COM INCSOLE	COM	98.86K	SH	$21.69M 1.63%	0.00	98.86K
NVIDIA CORPORATIONSOLE	COM	134.53K	SH	$21.25M 1.60%	0.00	134.53K
ISHARES TRSOLE	0-3 MNTH TREASRY	164.38K	SH	$16.55M 1.24%	0.00	164.38K
J P MORGAN EXCHANGE TRADED FSOLE	EQUITY PREMIUM	260.46K	SH	$14.81M 1.11%	0.00	260.46K
ALPHABET INCSOLE	CAP STK CL C	74.31K	SH	$13.18M 0.99%	0.00	74.31K
SPDR S&P 500 ETF TRSOLE	TR UNIT	19.77K	SH	$12.21M 0.92%	0.00	19.77K
WALMART INCSOLE	COM	113.84K	SH	$11.13M 0.84%	0.00	113.84K
SCHWAB STRATEGIC TRSOLE	LONG TERM US	333.09K	SH	$10.62M 0.80%	96.00	332.99K
RTX CORPORATIONSOLE	COM	72.38K	SH	$10.57M 0.79%	0.00	72.38K
ARES CAPITAL CORPSOLE	COM	477.01K	SH	$10.48M 0.79%	0.00	477.01K
ISHARES TRSOLE	20 YR TR BD ETF	108.83K	SH	$9.60M 0.72%	0.00	108.83K
APPLIED MATLS INCSOLE	COM	51.40K	SH	$9.41M 0.71%	0.00	51.40K
ADVANCED MICRO DEVICES INCSOLE	COM	58.90K	SH	$8.36M 0.63%	0.00	58.90K
META PLATFORMS INCSOLE	CL A	10.49K	SH	$7.75M 0.58%	0.00	10.49K

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