PENN DAVIS MCFARLAND INC
SEC Form 13F institutional filer · CIK 0001108893
13F-HR · 58 reported holdings · 2026-03-31
Reported long-US-equity value
$0.74B
Top-10 concentration
68.8%
PENN DAVIS MCFARLAND INC — $742M AUM allocation strategy
PENN DAVIS MCFARLAND INC files SEC Form 13F and reports $742M of long US equity value across 58 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 27.5%, followed by Communication Services 20.9% and Industrials 12.7%.
The top 10 holdings account for 69% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
PENN DAVIS MCFARLAND INC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$742M
total across 58 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
69% of value
higher = narrower conviction; lower = spread / hedging
Biggest trims (shares)
−$GOOG −62.7K sh · −$22.4M−$GOOGL −30.3K sh · −$21.1M−$KMI −17.5K sh · +$9.83M
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Interactive Media & Services20.9%—
- Semiconductors16.1%—
- Aerospace & Defense9.4%—
- Oil & Gas Storage & Transportation7.7%—
- Technology Hardware, Storage & Peripherals6.1%—
- Managed Health Care5.0%—
- Transaction & Payment Processing Services4.1%—
- Pharmaceuticals4.1%—
- Other holdings26.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $GOOGL | Alphabet Inc | 431K | $124M | -30.3K | 16.7% |
| $NVDA | NVIDIA Corporation | 498K | $86.9M | -1.7K | 11.7% |
| $KMI | Kinder Morgan Inc | 1.71M | $57.3M | -17.5K | 7.7% |
| $AAPL | Apple Inc | 179K | $45.5M | -2.45K | 6.1% |
| $UNH | UnitedHealth Group Incorporated | 136K | $36.9M | -1K | 5.0% |
| $RTX | RTX Corporation | 187K | $36M | -6.39K | 4.9% |
| $LMT | Lockheed Martin Corporation | 55.5K | $33.6M | -249 | 4.5% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 109K | $31.5M | -62.7K | 4.2% |
| $PYPL | PayPal Holdings Inc | 677K | $30.6M | -3.44K | 4.1% |
| $CRM | Salesforce Inc | 155K | $29M | — | 3.9% |
…and 48 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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