SFMG, LLC

Filed: 5/12/2026ACC: 0001512026-26-000003

📋 What this filing means

SFMG, LLC filed this quarterly 13F‑HR report disclosing 315 equity positions with a total reported market value of $1.48B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

315

Positions

$1.48B

Total AUM (reported)

15.74M

Total Shares

Allocation by class

COM$578.54M39.2%

TRENDP US LAR CP$131.53M8.9%

S&P500 QUALITY$126.84M8.6%

ACTIVEBETA US LG$106.61M7.2%

STATE STREET SPD$98.55M6.7%

MRNGSTR WDE MOAT$65.01M4.4%

CL B NEW$53.53M3.6%

Portfolio Concentration

Top 3$453.90M30.7%

4–10$449.27M30.4%

11–25$242.74M16.4%

Rest$330.98M22.4%

Top 3 weight

30.7%

Top 10 weight

61.2%

Voting Authority Distribution

Total shares with voting rights: 15.74M

Sole

Full voting authority

692.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

15.73M

% of voting shares100.0%

Investment Discretion (by position count)

Sole315

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings315

Rows:

ATMOS ENERGY CORP

SOLE

COM

Shares1.06M

TypeSH

Market value$195.53M

13.24%

Sole

0.00

Shared

0.00

None

1.06M

PACER FDS TR

SOLE

TRENDP US LAR CP

Shares2.51M

TypeSH

Market value$131.53M

8.91%

Sole

273.00

Shared

0.00

None

2.51M

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 QUALITY

Shares1.69M

TypeSH

Market value$126.84M

8.59%

Sole

101.00

Shared

0.00

None

1.69M

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US LG

Shares852.01K

TypeSH

Market value$106.61M

7.22%

Sole

64.00

Shared

0.00

None

851.95K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares541.59K

TypeSH

Market value$92.96M

6.29%

Sole

60.00

Shared

0.00

None

541.53K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares672.29K

TypeSH

Market value$65.01M

4.40%

Sole

51.00

Shared

0.00

None

672.24K

APPLE INC

SOLE

COM

Shares234.03K

TypeSH

Market value$59.39M

4.02%

Sole

0.00

Shared

0.00

None

234.03K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares111.70K

TypeSH

Market value$53.53M

3.62%

Sole

0.00

Shared

0.00

None

111.70K

NVIDIA CORPORATION

SOLE

COM

Shares208.43K

TypeSH

Market value$36.35M

2.46%

Sole

0.00

Shared

0.00

None

208.43K

PACER FDS TR

SOLE

US CASH COWS 100

Shares566.25K

TypeSH

Market value$35.42M

2.40%

Sole

44.00

Shared

0.00

None

566.21K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares52.48K

TypeSH

Market value$34.28M

2.32%

Sole

0.00

Shared

0.00

None

52.48K

AMAZON COM INC

SOLE

COM

Shares111.03K

TypeSH

Market value$23.13M

1.57%

Sole

0.00

Shared

0.00

None

111.03K

STATE STR SPDR S&P 500 ETF T

SOLE

TR UNIT

Shares34.80K

TypeSH

Market value$22.63M

1.53%

Sole

0.00

Shared

0.00

None

34.80K

MICROSOFT CORP

SOLE

COM

Shares60.91K

TypeSH

Market value$22.55M

1.53%

Sole

0.00

Shared

0.00

None

60.91K

ALPHABET INC

SOLE

CAP STK CL C

Shares71.11K

TypeSH

Market value$20.40M

1.38%

Sole

0.00

Shared

0.00

None

71.11K

APPLIED MATLS INC

SOLE

COM

Shares50.48K

TypeSH

Market value$17.25M

1.17%

Sole

0.00

Shared

0.00

None

50.48K

SCHWAB STRATEGIC TR

SOLE

LONG TERM US

Shares540.81K

TypeSH

Market value$17.00M

1.15%

Sole

99.00

Shared

0.00

None

540.71K

J P MORGAN EXCHANGE TRADED F

SOLE

EQUITY PREMIUM

Shares286.48K

TypeSH

Market value$16.24M

1.10%

Sole

0.00

Shared

0.00

None

286.48K

WALMART INC

SOLE

COM

Shares108.77K

TypeSH

Market value$13.52M

0.92%

Sole

0.00

Shared

0.00

None

108.77K

RTX CORPORATION

SOLE

COM

Shares69.85K

TypeSH

Market value$13.47M

0.91%

Sole

0.00

Shared

0.00

None

69.85K

ADVANCED MICRO DEVICES INC

SOLE

COM

Shares48.93K

TypeSH

Market value$9.95M

0.67%

Sole

0.00

Shared

0.00

None

48.93K

CONOCOPHILLIPS

SOLE

COM

Shares67.51K

TypeSH

Market value$8.91M

0.60%

Sole

0.00

Shared

0.00

None

67.51K

VERIZON COMMUNICATIONS INC

SOLE

COM

Shares167.79K

TypeSH

Market value$8.42M

0.57%

Sole

0.00

Shared

0.00

None

167.79K

FIDELITY COVINGTON TRUST

SOLE

DISRUPTORS ETF

Shares232.74K

TypeSH

Market value$7.63M

0.52%

Sole

0.00

Shared

0.00

None

232.74K

CSX CORP

SOLE

COM

Shares179.36K

TypeSH

Market value$7.36M

0.50%

Sole

0.00

Shared

0.00

None

179.36K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ATMOS ENERGY CORPSOLE	COM	1.06M	SH	$195.53M 13.24%	0.00	1.06M
PACER FDS TRSOLE	TRENDP US LAR CP	2.51M	SH	$131.53M 8.91%	273.00	2.51M
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 QUALITY	1.69M	SH	$126.84M 8.59%	101.00	1.69M
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US LG	852.01K	SH	$106.61M 7.22%	64.00	851.95K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	541.59K	SH	$92.96M 6.29%	60.00	541.53K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	672.29K	SH	$65.01M 4.40%	51.00	672.24K
APPLE INCSOLE	COM	234.03K	SH	$59.39M 4.02%	0.00	234.03K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	111.70K	SH	$53.53M 3.62%	0.00	111.70K
NVIDIA CORPORATIONSOLE	COM	208.43K	SH	$36.35M 2.46%	0.00	208.43K
PACER FDS TRSOLE	US CASH COWS 100	566.25K	SH	$35.42M 2.40%	44.00	566.21K
ISHARES TRSOLE	CORE S&P500 ETF	52.48K	SH	$34.28M 2.32%	0.00	52.48K
AMAZON COM INCSOLE	COM	111.03K	SH	$23.13M 1.57%	0.00	111.03K
STATE STR SPDR S&P 500 ETF TSOLE	TR UNIT	34.80K	SH	$22.63M 1.53%	0.00	34.80K
MICROSOFT CORPSOLE	COM	60.91K	SH	$22.55M 1.53%	0.00	60.91K
ALPHABET INCSOLE	CAP STK CL C	71.11K	SH	$20.40M 1.38%	0.00	71.11K
APPLIED MATLS INCSOLE	COM	50.48K	SH	$17.25M 1.17%	0.00	50.48K
SCHWAB STRATEGIC TRSOLE	LONG TERM US	540.81K	SH	$17.00M 1.15%	99.00	540.71K
J P MORGAN EXCHANGE TRADED FSOLE	EQUITY PREMIUM	286.48K	SH	$16.24M 1.10%	0.00	286.48K
WALMART INCSOLE	COM	108.77K	SH	$13.52M 0.92%	0.00	108.77K
RTX CORPORATIONSOLE	COM	69.85K	SH	$13.47M 0.91%	0.00	69.85K
ADVANCED MICRO DEVICES INCSOLE	COM	48.93K	SH	$9.95M 0.67%	0.00	48.93K
CONOCOPHILLIPSSOLE	COM	67.51K	SH	$8.91M 0.60%	0.00	67.51K
VERIZON COMMUNICATIONS INCSOLE	COM	167.79K	SH	$8.42M 0.57%	0.00	167.79K
FIDELITY COVINGTON TRUSTSOLE	DISRUPTORS ETF	232.74K	SH	$7.63M 0.52%	0.00	232.74K
CSX CORPSOLE	COM	179.36K	SH	$7.36M 0.50%	0.00	179.36K

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