Academy Capital Management
WACO, TX
$756m in 36 US stocks at the end of 30 June 2026. The top 10 are 75.2% of the money. It changed about 9.6% of the portfolio this quarter.
Value
$756m
Stocks
36
Top 10 share
75.2%
Turnover
9.6%
What changed this quarter
New
Bought for the first time this quarter.
- CME GroupCME0.3% of the fund
- State STR Spdr S&P 500 ETF TSPY0.1% of the fund
- Southwest AirlinesLUV<0.1% of the fund
- TeslaTSLA<0.1% of the fund
- Emerson ElectricEMR<0.1% of the fund
Added
Bought more of a stock they already held.
- ZoetisZTS4.7% of the fund+118%
- NetflixNFLX1.8% of the fund+3271%
- Alibaba Group HldgBABA0.4% of the fund+19%
- Stellar Bancorp0.2% of the fund+394%
Cut
Sold some of their stake.
- Amazon.comAMZN7.8% of the fund-4%
- AlphabetGOOGL7.4% of the fund-4%
- Meta PlatformsMETA6.3% of the fund-3%
- MicrosoftMSFT6.1% of the fund-4%
- Novo Nordisk A SNVO3.0% of the fund-33%
- PoolPOOL1.7% of the fund-51%
Sold out
Sold their entire stake.
- Adyen N V FADYEY-100%
- Lvmh Moet Hennessy LOU FLVMUY-100%
- Nestle SA ADRNSRGY-100%
- PepsiCoPEP-100%
- Ford MotorF-100%
- ProvectusPVCT-100%
Holdings
- Alibaba Group HldgBABA
- Share
- 0.4%
- Value
- $3m
- Shares
- 30,431
+19%
- Stellar Bancorp
- Share
- 0.2%
- Value
- $1m
- Shares
- 34,720
+394%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.1%
- Value
- $1m
- Shares
- 1,351
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 10.5% | $79m | 273,364 | Held |
| Taiwan Semiconductor ManufacturingTSM | 9.4% | $71m | 148,602 | Held |
| AlphabetGOOG | 9.3% | $70m | 199,040 | Held |
| Amazon.comAMZN | 7.8% | $59m | 246,188 | -4% |
| AlphabetGOOGL | 7.4% | $56m | 155,648 | -4% |
| Berkshire HathawayBRK-B | 6.9% | $53m | 105,008 | Held |
| MastercardMA | 6.8% | $51m | 99,456 | Held |
| Meta PlatformsMETA | 6.3% | $48m | 84,919 | -3% |
| MicrosoftMSFT | 6.1% | $46m | 122,816 | -4% |
| PrimericaPRI | 4.9% | $37m | 129,764 | Held |
| ZoetisZTS | 4.7% | $36m | 498,426 | +118% |
| UnitedHealth GroupUNH | 4.7% | $35m | 84,959 | Held |
| Novo Nordisk A SNVO | 3.0% | $23m | 479,184 | -33% |
| Idexx LaboratoriesIDXX | 2.4% | $18m | 34,801 | Held |
| S&P GlobalSPGI | 2.2% | $17m | 41,117 | Held |
| NetflixNFLX | 1.8% | $14m | 195,507 | +3271% |
| PoolPOOL | 1.7% | $13m | 60,608 | -51% |
| CitigroupC | 1.0% | $8m | 56,000 | Held |
| ExxonMobil HoldingsXOM | 0.8% | $6m | 44,751 | Held |
| Travelers CompaniesTRV | 0.4% | $3m | 9,617 | Held |
| Alibaba Group HldgBABA | 0.4% | $3m | 30,431 | +19% |
| CME GroupCME | 0.3% | $3m | 11,905 | New |
| Stellar Bancorp | 0.2% | $1m | 34,720 | +394% |
| CorningGLW | 0.2% | $1m | 5,215 | Held |
| State STR Spdr S&P 500 ETF TSPY | 0.1% | $1m | 1,351 | New |
| Huntington BancsharesHBAN | 0.1% | $919,318 | 51,851 | Held |
| VisaV | 0.1% | $864,244 | 2,519 | Held |
| NextEra EnergyNEE | <0.1% | $615,794 | 7,016 | Held |
| Johnson & JohnsonJNJ | <0.1% | $462,987 | 1,823 | Held |
| RTXRTX | <0.1% | $371,112 | 1,956 | Held |
| Southwest AirlinesLUV | <0.1% | $335,310 | 6,521 | New |
| MerckMRK | <0.1% | $317,267 | 2,469 | Held |
| ChevronCVX | <0.1% | $289,251 | 1,745 | Held |
| TeslaTSLA | <0.1% | $265,399 | 631 | New |
| Emerson ElectricEMR | <0.1% | $224,316 | 1,567 | New |
| Bausch Health CompaniesBHC | <0.1% | $208,480 | 42,288 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 8.0% since 30 June 2025.
Where the money is
Technology26.1%
Media & telecom24.8%
Financial services22.8%
Health care15.0%
Retail & consumer7.8%
Industrials1.8%
Energy0.8%
Utilities0.1%
Other0.7%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.