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First Financial Bankshares Inc

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$5.0B

Reporting period: 2026-03-31 · Number of holdings: 201

First Financial Bankshares Inc disclosed 201 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $5.0B and a quarterly turnover rate of 15.7%.

Personality snowflake

Concentration
9
Portfolio Stability
15.72
Momentum/Contrarian
100
Sector conviction
41.71
Diversification
100
Sizing Uniformity
81.18

Recent moves

  • Trim MSFT

    +10.0%　-$48.2M

  • Trim VOO

    -83.6%　-$41.3M

  • Trim JPM

    -8.7%　-$39.5M

  • Trim GOOGL

    -9.8%　-$37.8M

  • Add CVX

    +0.6%　$35.5M

  • Trim WMT

    -65.0%　-$32.8M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1MSFTMicrosoft CORPStock-Tech5.19%-0.96%+10.01%
2AVGOBroadcom INCStock-Tech4.38%-0.45%+1.13%
3JPMJpmorgan Chase & CoStock-Financials4.00%-0.78%-8.68%
4BNDVanguard Total Bond MarketETF-Other3.95%—+0.38%
5IJHIshares Core S&p Midcap ETFETF-Other3.91%—-1.90%
6AAPLApple INCStock-Tech3.76%-0.23%+0.56%
7GOOGLAlphabet Inc-cl AStock-Comm Services3.69%-0.75%-9.84%
8JNJJohnson & JohnsonStock-Healthcare3.11%+0.15%-11.28%
9VEAVanguard Ftse Developed ETFETF-Other2.72%—-0.55%
10CVXChevron CORPStock-Energy2.68%+0.73%+0.58%
11WMBWilliams Cos INCStock-Energy2.11%+0.37%-0.58%
12MCDMcdonald's CORPStock-Consumer Disc2.01%—+0.13%
13NEENextera Energy INCStock-Utilities1.87%+0.27%+0.80%
14BXBlackstone INCStock-Financials1.81%-0.47%+6.16%
15MRKMerck & Co. INC.Stock-Healthcare1.81%+0.27%+2.07%
16NVDANvidia CORPStock-Tech1.76%—+5.29%
17PEPPepsico INCStock-Consumer Staples1.74%+0.19%+3.11%
18AEPAmerican Electric PowerStock-Utilities1.73%+0.23%+0.94%
19BACBank Of America CORPStock-Financials1.72%-0.18%+1.71%
20VCSHVanguard S/t CORP Bond ETFETF-Corp Bonds1.68%—+2.38%
21KOCoca-cola Co/theStock-Consumer Staples1.67%+0.14%-0.15%
22METAMeta Platforms Inc-class AStock-Comm Services1.67%-0.22%+1.52%
23HONHoneywell International INCStock-Industrials1.66%+0.23%-0.01%
24CSCOCisco Systems INCStock-Tech1.66%—+0.36%
25AMZNAmazon.com INCStock-Consumer Disc1.66%+0.09%+16.63%
26AMGNAmgen INCStock-Healthcare1.58%+0.12%-0.07%
27VGSHVanguard Short-term TreasuryETF-Gov Bonds1.57%—+2.23%
28ETNEaton Corporation plcStock-Industrials1.52%-0.11%-17.24%
29CCitigroup INCStock-Financials1.48%—-0.42%
30AMTAmerican Tower CORPStock-Real Estate1.38%+0.48%+54.59%
31BLKBlackrock INCStock-Financials1.34%-0.14%+0.43%
32LMTLockheed Martin CORPStock-Industrials1.32%+0.26%-0.01%
33COPConocophillipsStock-Energy1.29%+0.18%-18.03%
34MDTMedtronic plcStock-Healthcare1.26%-0.11%+1.54%
35LHXL3harris Technologies INCStock-Industrials1.18%+0.18%-0.72%
36VWOVanguard Ftse Emerging MarkeETF-Emerging Markets1.04%—+0.40%
37MUMicron Technology INCStock-Tech0.99%-0.63%-48.65%
38MDLZMondelez International Inc-aStock-Consumer Staples0.98%+0.13%+7.95%
39NINisource INCStock-Utilities0.94%+0.09%-0.82%
40VMBSVanguard Mortgage-backed SecETF-Other0.89%—-0.94%
41NOWServicenow INCStock-Tech0.89%+0.13%+69.92%
42SEICSei Investments CompanyStock-Financials0.88%+0.88%NEW
43HDHome Depot INCStock-Consumer Disc0.87%—+2.53%
44XLUSt Sr Utl Sl Se Spdr Etf-usdETF-Other0.84%—-1.82%
45RFRegions Financial CORPStock-Financials0.75%+0.29%+67.76%
46UNPUnion Pacific CORPStock-Industrials0.71%—+0.90%
47NVSNovartis Ag-sponsored AdrStock-Healthcare0.71%+0.09%+2.70%
48MAMastercard INC - AStock-Financials0.68%-0.12%-3.26%
49KRESs Spdr S&p Regional BankETF-Other0.62%—-4.71%
50IJRIshares Core S&p Small-cap EETF-Small Cap0.58%—+0.36%
1–50 of 201

Holding changes this quarter

First Financial Bankshares Inc's most significant position changes for 2026-03-31: New buy: Sei Investments Company (SEIC); New buy: Encompass Health CORP (EHC); Sold out: Avalonbay Communities INC (AVB); Sold out: Flotek Industries INC (FTK); New buy: Atlassian Corp-cl A (TEAM).

Position changes disclosed by First Financial Bankshares Inc for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1CVXChevron CORP+0.7%+0.58%Add
2AMTAmerican Tower CORP+0.5%+54.59%Add
3BRK-BBerkshire Hathaway Inc-cl B+0.4%+2082.43%Add
4WMBWilliams Cos INC+0.4%-0.58%Trim
5RFRegions Financial CORP+0.3%+67.76%Add
6NEENextera Energy INC+0.3%+0.80%Add
7MRKMerck & Co. INC.+0.3%+2.07%Add
8LMTLockheed Martin CORP+0.3%-0.01%Trim
9BKNGBooking Holdings INC+0.2%+313.13%Add
10HONHoneywell International INC+0.2%-0.01%Trim
11AEPAmerican Electric Power+0.2%+0.94%Add
12PEPPepsico INC+0.2%+3.11%Add
13ACDCProfrac Holding Corp-a+0.2%-0.58%Trim
14COPConocophillips+0.2%-18.03%Trim
15LHXL3harris Technologies INC+0.2%-0.72%Trim
16JNJJohnson & Johnson+0.2%-11.28%Trim
17KOCoca-cola Co/the+0.1%-0.15%Trim
18MDLZMondelez International Inc-a+0.1%+7.95%Add
19NOWServicenow INC+0.1%+69.92%Add
20AMGNAmgen INC+0.1%-0.07%Trim
21ORealty Income CORP+0.1%+34.74%Add
22NINisource INC+0.1%-0.82%Trim
23NVSNovartis Ag-sponsored Adr+0.1%+2.70%Add
24AMZNAmazon.com INC+0.1%+16.63%Add
25BILSs Spdr Bb 1-3m T-bill ETF+0.1%+574.67%Add
26PFEPfizer INC+0.1%+16.61%Add
27XOMExxon Mobil CORP+0.1%+3.87%Add
28SPGIS&p Global INC-0.1%+0.39%Add
29GOOGAlphabet Inc-cl C-0.1%-54.89%Trim
30ORCLOracle CORP-0.1%+5.32%Add
31MDTMedtronic plc-0.1%+1.54%Add
32ETNEaton Corporation plc-0.1%-17.24%Trim
33MAMastercard INC - A-0.1%-3.26%Trim
34BLKBlackrock INC-0.1%+0.43%Add
35BACBank Of America CORP-0.2%+1.71%Add
36METAMeta Platforms Inc-class A-0.2%+1.52%Add
37AAPLApple INC-0.2%+0.56%Add
38AVGOBroadcom INC-0.5%+1.13%Add
39BXBlackstone INC-0.5%+6.16%Add
40MUMicron Technology INC-0.6%-48.65%Trim
41WMTWalmart INC-0.7%-64.95%Trim
42GOOGLAlphabet Inc-cl A-0.8%-9.84%Trim
43JPMJpmorgan Chase & Co-0.8%-8.68%Trim
44VOOVanguard S&p 500 ETF-0.8%-83.62%Trim
45MSFTMicrosoft CORP-1%+10.01%Add
46SEICSei Investments Company—NEWNew buy
47EHCEncompass Health CORP—NEWNew buy
48AVBAvalonbay Communities INC—EXITSold out
49FTKFlotek Industries INC—EXITSold out
50TEAMAtlassian Corp-cl A—NEWNew buy

FAQ

What is First Financial Bankshares Inc and what type of investor is it?
First Financial Bankshares Inc is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $5.0B, spread across 201 disclosed positions.
What are First Financial Bankshares Inc's largest equity positions?
Based on the latest 13F filing, First Financial Bankshares Inc's top holdings by market value are: 1. Microsoft CORP (MSFT) — $257.2M (5.2%) 2. Broadcom INC (AVGO) — $217.0M (4.4%) 3. Jpmorgan Chase & Co (JPM) — $198.1M (4.0%) 4. Vanguard Total Bond Market (BND) — $195.5M (4.0%) 5. Ishares Core S&p Midcap ETF (IJH) — $193.5M (3.9%)
What changes did First Financial Bankshares Inc make in its most recent portfolio filing?
In the latest reported quarter, First Financial Bankshares Inc made 50 notable position adjustments: 3 new positions were initiated, 27 existing holdings were added to, 18 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Sei Investments Company (SEIC); New buy: Encompass Health CORP (EHC); Sold out: Avalonbay Communities INC (AVB); Sold out: Flotek Industries INC (FTK); New buy: Atlassian Corp-cl A (TEAM)
What sectors does First Financial Bankshares Inc focus on?
First Financial Bankshares Inc is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 24.7% • Financials: 17.2% • Health Care: 13.0% • Industrials: 8.6% • Energy: 8.2% • Communication Services: 7.0%