1y return+22.4%S&P 500 +20.9%
3y return+47.5%S&P 500 +68.5%
5y return+63.0%S&P 500 +74.5%
10y return+162.4%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $262 against $357 in the S&P 500.2
TCTC Holdings, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| DINOHf Sinclair Corp | $858.8M | 22.6% | |
| MSFTMicrosoft Corp | $128.2M | 3.4% | +1.1% |
| JPMJpmorgan Chase & Co | $127.1M | 3.3% | |
| BRK/BBerkshire Hathaway Inc Del | $117.0M | 3.1% | |
| WMWaste Mgmt Inc Del | $101.8M | 2.7% | |
| IBMInternational Business Machs | $99.5M | 2.6% | |
| GOOGAlphabet Inc | $95.6M | 2.5% | |
| AFLAflac Inc | $94.9M | 2.5% | |
| AAPLApple Inc | $88.3M | 2.3% | |
| Chubb LimitedCUSIP H1467J104 | $82.0M | 2.2% | |
| Linde PLCCUSIP G54950103 | $67.3M | 1.8% | |
| WMBWilliams Cos Inc | $65.9M | 1.7% | |
| UBERUber Technologies Inc | $62.6M | 1.6% | |
| NVSNovartis Ag | $61.7M | 1.6% | |
| BACBank Of Amer Corp | $61.4M | 1.6% | |
| IWMIshares Tr | $59.8M | 1.6% | |
| QCOMQualcomm Inc | $48.9M | 1.3% | |
| FCXFreeport Mcmoran Inc | $47.7M | 1.3% | |
| Renaissancere Hldgs LtdCUSIP G7496G103 | $47.5M | 1.2% | |
| AMZNAmazon Com Inc | $46.2M | 1.2% | +1.2% |
| CSCOCisco Sys Inc | $41.6M | 1.1% | |
| ORIOld Rep Intl Corp | $40.1M | 1.1% | |
| Aon PLCCUSIP G0403H108 | $40.0M | 1.1% | |
| CVSCvs Health Corp | $38.2M | 1.0% | |
| UNHUnitedhealth Group Inc | $36.0M | 0.9% | −2.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| FCXFreeport Mcmoran Inc | June 30, 2020 | +443.6% | $47.7M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $95.6M |
| WMBWilliams Cos Inc | June 30, 2020 | +290.8% | $65.9M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $127.1M |
| ACAArcosa Inc | June 30, 2020 | +244.3% | $26.5M |
| AFLAflac Inc | June 30, 2020 | +225.4% | $94.9M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $88.3M |
| RTXRtx Corporation | June 30, 2020 | +207.9% | $28.7M |
| WMTWalmart Inc | June 30, 2020 | +183.7% | $29.6M |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $117.0M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +8.1% | +14.8% |
| March 31, 2026 | +4.8% | −4.6% |
| December 31, 2025 | −0.7% | +2.4% |
| September 30, 2025 | +8.7% | +7.8% |
| June 30, 2025 | +7.3% | +10.5% |
| March 31, 2025 | +1.0% | −4.6% |
| December 31, 2024 | −5.7% | +2.1% |
| September 30, 2024 | +1.4% | +5.4% |
| June 30, 2024 | −3.6% | +4.0% |
| March 31, 2024 | +9.2% | +10.0% |
| December 31, 2023 | +5.9% | +11.2% |
| September 30, 2023 | +4.3% | −3.6% |
| June 30, 2023 | +1.2% | +8.3% |
| March 31, 2023 | −0.6% | +7.0% |
| December 31, 2022 | +6.7% | +7.1% |
| September 30, 2022 | +0.8% | −5.3% |
| June 30, 2022 | −7.5% | −16.5% |
| March 31, 2022 | +3.3% | −4.9% |
| December 31, 2021 | +7.5% | +10.7% |
| September 30, 2021 | −0.5% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: TCTC Holdings, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1483870&type=13F-HR&dateb=&owner=include&count=40CIK 1483870
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1483870/000148387026000003/Filed August 11, 2026 · accession 0001483870-26-000003