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ACADEMY CAPITAL MANAGEMENT

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13F filer, CIK 1031972, WACO, TX

ACADEMY CAPITAL MANAGEMENT reported $699,417,109 across 37 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-14. Its ten largest share positions make up 72.65% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001031972-26-000003

Period
2026-03-31
Reported value
$699M
Holdings
37
Top 10 weight
72.65%
New
3
Sold out
7

Largest buys vs the previous quarter

SecurityShares changeApprox. value
NVOadded+353,447$13M
ADYEYnew+1,265,437$12.6M
POOLadded+56,351$11.4M
SPGIadded+21,618$9.19M
HBANnew+51,851$811K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
CMEexited-11,955-$3.26M
AAPLreduced-10,342-$2.62M
GOOGreduced-7,112-$2.04M
AMZNreduced-8,248-$1.72M
GOOGLreduced-5,764-$1.66M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2026

Share positions as resolved from 13F-HR 0001031972-26-000003, largest first. % of portfolio is the value over $699,417,109, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 344,271 shares; 2024Q4: 343,006 shares; 2025Q1: 312,661 shares; 2025Q2: 309,615 shares; 2025Q3: 288,878 shares; 2025Q4: 286,620 shares; 2026Q1: 276,278 shares 276,278$70.1M10.03%-10,342Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 233,583 shares; 2024Q4: 232,532 shares; 2025Q1: 225,509 shares; 2025Q2: 224,231 shares; 2025Q3: 209,850 shares; 2025Q4: 207,830 shares; 2026Q1: 200,718 shares 200,718$57.6M8.23%-7,112Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 287,274 shares; 2024Q4: 287,698 shares; 2025Q1: 279,316 shares; 2025Q2: 276,271 shares; 2025Q3: 267,347 shares; 2025Q4: 265,379 shares; 2026Q1: 257,131 shares 257,131$53.6M7.66%-8,248Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 61,150 shares; 2024Q4: 60,757 shares; 2025Q1: 156,675 shares; 2025Q2: 156,409 shares; 2025Q3: 155,270 shares; 2025Q4: 154,344 shares; 2026Q1: 150,105 shares 150,105$50.7M7.25%-4,239Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 113,000 shares; 2024Q4: 112,336 shares; 2025Q1: 111,085 shares; 2025Q2: 109,993 shares; 2025Q3: 108,889 shares; 2025Q4: 108,119 shares; 2026Q1: 105,172 shares 105,172$50.4M7.21%-2,947Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 99,679 shares; 2024Q4: 98,931 shares; 2025Q1: 94,484 shares; 2025Q2: 96,216 shares; 2025Q3: 90,846 shares; 2025Q4: 90,553 shares; 2026Q1: 87,781 shares 87,781$50.2M7.18%-2,772Timeline
MAMASTERCARD INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 120,347 shares; 2024Q4: 119,431 shares; 2025Q1: 109,245 shares; 2025Q2: 107,509 shares; 2025Q3: 102,360 shares; 2025Q4: 101,759 shares; 2026Q1: 98,471 shares 98,471$49.2M7.03%-3,288Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 149,580 shares; 2024Q4: 150,017 shares; 2025Q1: 143,983 shares; 2025Q2: 145,216 shares; 2025Q3: 132,135 shares; 2025Q4: 131,339 shares; 2026Q1: 127,382 shares 127,382$47.2M6.74%-3,957Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 180,053 shares; 2024Q4: 179,071 shares; 2025Q1: 176,428 shares; 2025Q2: 175,179 shares; 2025Q3: 169,640 shares; 2025Q4: 168,051 shares; 2026Q1: 162,287 shares 162,287$46.7M6.67%-5,764Timeline
PRIPRIMERICA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 140,221 shares; 2024Q4: 139,810 shares; 2025Q1: 135,815 shares; 2025Q2: 135,698 shares; 2025Q3: 132,913 shares; 2025Q4: 132,306 shares; 2026Q1: 129,888 shares 129,888$32.5M4.65%-2,418Timeline
ZTSZOETIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 88,216 shares; 2025Q4: 234,527 shares; 2026Q1: 228,330 shares 228,330$27M3.86%-6,197Timeline
NVONOVO-NORDISK A SQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 154,121 shares; 2025Q1: 367,574 shares; 2025Q2: 366,249 shares; 2025Q3: 367,419 shares; 2025Q4: 365,783 shares; 2026Q1: 719,230 shares 719,230$26.4M3.78%+353,447Timeline
POOLPOOL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 17,649 shares; 2024Q4: 17,481 shares; 2025Q1: 17,382 shares; 2025Q2: 17,347 shares; 2025Q3: 17,189 shares; 2025Q4: 66,808 shares; 2026Q1: 123,159 shares 123,159$24.9M3.56%+56,351Timeline
UNHUNITEDHEALTH GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 441 shares; 2024Q4: 441 shares; 2025Q1: 441 shares; 2025Q2: 187,620 shares; 2025Q3: 86,451 shares; 2025Q4: 86,017 shares; 2026Q1: 84,827 shares 84,827$23M3.28%-1,190Timeline
IDXXIDEXX LABS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 34,172 shares; 2024Q4: 34,013 shares; 2025Q1: 35,794 shares; 2025Q2: 35,762 shares; 2025Q3: 35,452 shares; 2025Q4: 35,240 shares; 2026Q1: 34,319 shares 34,319$19.3M2.76%-921Timeline
SPGIS&P GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 18,479 shares; 2024Q4: 18,386 shares; 2025Q1: 18,239 shares; 2025Q2: 19,804 shares; 2025Q3: 19,658 shares; 2025Q4: 19,533 shares; 2026Q1: 41,151 shares 41,151$17.5M2.5%+21,618Timeline
ADYEYADYEN NV-UNSPON ADRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 1,265,437 shares 1,265,437$12.6M1.8%newTimeline
LVMUYLVMH MOET HENNESSY-UNSP ADRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 49,971 shares; 2024Q4: 52,497 shares; 2025Q1: 52,092 shares; 2025Q2: 167,829 shares; 2025Q3: 115,597 shares; 2025Q4: 114,977 shares; 2026Q1: 103,466 shares 103,466$11.3M1.62%-11,511Timeline
XOMEXXON MOBIL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 11,083 shares; 2024Q4: 14,333 shares; 2025Q1: 12,352 shares; 2025Q2: 12,352 shares; 2025Q3: 44,784 shares; 2025Q4: 45,507 shares; 2026Q1: 45,384 shares 45,384$7.7M1.1%-123Timeline
CCITIGROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 75,614 shares; 2024Q4: 75,614 shares; 2025Q1: 65,788 shares; 2025Q2: 65,788 shares; 2025Q3: 62,091 shares; 2025Q4: 62,091 shares; 2026Q1: 56,000 shares 56,000$6.35M0.91%-6,091Timeline
BABAALIBABA GROUP HLDG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 39,884 shares; 2024Q4: 40,842 shares; 2025Q1: 30,590 shares; 2025Q2: 28,686 shares; 2025Q3: 28,496 shares; 2025Q4: 28,235 shares; 2026Q1: 25,633 shares 25,633$3.22M0.46%-2,602Timeline
NSRGYNESTLE SA-SPONS ADRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 191,912 shares; 2024Q4: 190,777 shares; 2025Q1: 107,858 shares; 2025Q2: 95,559 shares; 2025Q3: 34,835 shares; 2025Q4: 34,035 shares; 2026Q1: 30,523 shares 30,523$3.02M0.43%-3,512Timeline
TRVTRAVELERS COMPANIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 7,552 shares; 2024Q4: 7,552 shares; 2025Q1: 6,417 shares; 2025Q2: 6,417 shares; 2025Q3: 5,500 shares; 2025Q4: 10,617 shares; 2026Q1: 9,617 shares 9,617$2.81M0.4%-1,000Timeline
HBANHUNTINGTON BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 51,851 shares 51,851$811K0.12%newTimeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 829 shares; 2024Q4: 829 shares; 2025Q1: 860 shares; 2025Q2: 2,062 shares; 2025Q3: 2,053 shares; 2025Q4: 2,095 shares; 2026Q1: 2,502 shares 2,502$756K0.11%+407Timeline
GLWCORNING INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 5,271 shares; 2025Q1: 5,215 shares; 2025Q2: 5,215 shares; 2025Q3: 5,215 shares; 2025Q4: 5,215 shares; 2026Q1: 5,215 shares 5,215$709K0.1%0Timeline
PEPPEPSICO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 86,911 shares; 2024Q4: 88,135 shares; 2025Q1: 59,851 shares; 2025Q2: 59,243 shares; 2025Q3: 14,041 shares; 2025Q4: 13,469 shares; 2026Q1: 4,481 shares 4,481$696K0.1%-8,988Timeline
NEENEXTERA ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 9,648 shares; 2024Q4: 9,648 shares; 2025Q1: 9,208 shares; 2025Q2: 7,016 shares; 2025Q3: 7,016 shares; 2025Q4: 7,016 shares; 2026Q1: 7,016 shares 7,016$652K0.09%0Timeline
NFLXNETFLIX INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 580 shares; 2024Q4: 580 shares; 2025Q1: 580 shares; 2025Q2: 580 shares; 2025Q3: 580 shares; 2025Q4: 5,800 shares; 2026Q1: 5,800 shares 5,800$558K0.08%0Timeline
JNJJOHNSON & JOHNSONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,875 shares; 2025Q1: 1,875 shares; 2025Q2: 1,875 shares; 2025Q3: 1,823 shares; 2025Q4: 1,823 shares; 2026Q1: 1,823 shares 1,823$446K0.06%0Timeline
RTXRTX CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,956 shares; 2025Q1: 1,956 shares; 2025Q2: 1,956 shares; 2025Q3: 1,956 shares; 2025Q4: 1,956 shares; 2026Q1: 1,956 shares 1,956$377K0.05%0Timeline
CVXCHEVRON CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 3,062 shares; 2025Q1: 3,062 shares; 2025Q2: 3,027 shares; 2025Q3: 2,975 shares; 2025Q4: 2,975 shares; 2026Q1: 1,745 shares 1,745$361K0.05%-1,230Timeline
MRKMERCK & CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,540 shares; 2025Q1: 2,540 shares; 2025Q2: 2,540 shares; 2025Q3: 2,524 shares; 2025Q4: 2,524 shares; 2026Q1: 2,469 shares 2,469$297K0.04%-55Timeline
STELSTELLAR BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 37,571 shares; 2024Q4: 37,571 shares; 2025Q1: 36,941 shares; 2025Q2: 36,941 shares; 2025Q3: 34,720 shares; 2025Q4: 34,720 shares; 2026Q1: 7,033 shares 7,033$257K0.04%-27,687Timeline
BHCBAUSCH HEALTH COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 42,766 shares; 2024Q4: 42,288 shares; 2025Q1: 42,288 shares; 2025Q2: 42,288 shares; 2025Q3: 42,288 shares; 2025Q4: 42,288 shares; 2026Q1: 42,288 shares 42,288$228K0.03%0Timeline
FFORD MTR COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 1,551 shares 1,551$17.9K<0.01%newTimeline
PROVECTUS BIOPHARMACEUTICALSPROVECTUS BIOPHARMACEUTICALSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 20,000 shares; 2024Q4: 20,000 shares; 2025Q1: 20,000 shares; 2025Q2: 20,000 shares; 2025Q3: 20,000 shares; 2025Q4: 20,000 shares; 2026Q1: 20,000 shares 20,000$1.02K<0.01%0

Sold out in Q1 2026

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
CMECME GROUP INC11,955$3.26Mshares
CADECADENCE BANK20,950$897Kshares
TSLATESLA INC631$284Kshares
LUVSOUTHWEST AIRLS CO6,521$270Kshares
EMREMERSON ELEC CO1,636$217Kshares
APDAIR PRODUCTS AND CHEMICALS I845$209Kshares
PFEPFIZER INC2,050$51Kshares

How Q1 2026 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001031972-26-000003 base2026-05-14acceptance time not in the bulk data set