Latest First Financial Bankshares Inc Stock Portfolio

First Financial Bankshares Inc Performance:

2024 Q3: 7.96%YTD: 11.67%

Performance for 2024 Q3 is 7.96%, and YTD is 11.67%.

About First Financial Bankshares Inc and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, First Financial Bankshares Inc reported an equity portfolio of $4.8 Billions as of 30 Sep, 2024.

The top stock holdings of First Financial Bankshares Inc are FFIN, MSFT, BIV. The fund has invested 13.9% of it's portfolio in FIRST FINANCIAL BANKSHARES INC and 4.6% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off FERGUSON PLC (FERG), FEDEX CORP (FDX) and GENERAL MILLS INC (GIS) stocks. They significantly reduced their stock positions in LAM RESEARCH CORP (LRCX), NETFLIX INC (NFLX) and VISA INC (V). First Financial Bankshares Inc opened new stock positions in HERSHEY CO (THE) (HSY), LAMB WESTON HOLDINGS INC (LW) and INVESCO ETFS/USA (CSD). The fund showed a lot of confidence in some stocks as they added substantially to ESTEE LAUDER COS (EL), INVESCO ETFS/USA (QQQ) and VANGUARD ETF/USA (BNDW).

First Financial Bankshares Inc Annual Return Estimates Vs S&P 500

Our best estimate is that First Financial Bankshares Inc made a return of 7.96% in the last quarter. In trailing 12 months, it's portfolio return was 20.68%.

New Buys

Ticker	$ Bought
hershey co (the)	10,647,400
lamb weston holdings inc	6,506,500
invesco etfs/usa	306,364
microstrategy	274,818
vanguard etf/usa	253,517
scotts miracle-gro co/the	231,662
first trust advisors lp	229,380
invesco etfs/usa	213,899

New stocks bought by First Financial Bankshares Inc

Additions

Ticker	% Inc.
estee lauder cos	1,292
invesco etfs/usa	33.33
vanguard etf/usa	26.25
prosperity bancshares inc	16.82
state street etf/usa	16.2
mcdonald's corp	11.7
pepsico inc	11.67
johnson & johnson	10.73

Additions to existing portfolio by First Financial Bankshares Inc

Reductions

Ticker	% Reduced
lam research corp	-75.67
netflix inc	-66.29
visa inc	-44.49
vanguard etf/usa	-44.18
utd parcel serv	-42.44
vanguard etf/usa	-41.42
vanguard etf/usa	-38.36
cvs health corp	-31.42

First Financial Bankshares Inc reduced stake in above stock

Sold off

Ticker	$ Sold
nuveen closed-end funds/usa	-116,611
cutera inc	-16,483
general mills inc	-266,198
ishares etfs/usa	-203,307
ferguson plc	-397,757
te connectivity ltd	-233,918
fedex corp	-291,445

First Financial Bankshares Inc got rid off the above stocks

Sector Distribution

First Financial Bankshares Inc has about 24.3% of it's holdings in Financial Services sector.

Sector	%
Financial Services	24.3
Others	20.7
Technology	15.1
Healthcare	8.6
Consumer Defensive	6.5
Consumer Cyclical	5.8
Industrials	5.2
Energy	4.8
Utilities	3.4
Real Estate	3
Communication Services	2.5

Market Cap. Distribution

First Financial Bankshares Inc has about 64.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	33.7
LARGE-CAP	31.2
UNALLOCATED	20.7
MID-CAP	14.3

Stocks belong to which Index?

About 79.6% of the stocks held by First Financial Bankshares Inc either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	65.4
Others	20.4
RUSSELL 2000	14.2

Top 5 Winners (%)		%
LUMN	lumen technologies inc	545.5 %
SWK	stanley black & decker inc	37.8 %
DHI	dr horton inc	35.4 %
PYPL	paypal holdings inc	33.9 %
TSLA	tesla inc	31.6 %

Top 5 Winners ($)		$
FFIN	first financial bankshares inc	135.5 M
BX	blackstone inc	22.7 M
AAPL	apple inc	18.2 M
MCD	mcdonald's corp	14.8 M
LMT	lockheed martin corp	13.3 M

Top 5 Losers (%)		%
INTC	intel corp	-23.7 %
LRCX	lam research corp	-22.5 %
NBIX	neurocrine biosciences inc	-16.4 %
MCK	mckesson corp	-15.3 %
QCOM	qualcomm inc	-14.4 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-9.2 M
MRK	merck & co inc	-8.5 M
GOOG	alphabet inc	-6.6 M
CVX	chevron corp	-5.6 M
COP	conocophillips	-5.0 M

First Financial Bankshares Inc Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of First Financial Bankshares Inc

First Financial Bankshares Inc has 181 stocks in it's portfolio. About 42.8% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. FFIN was the most profitable stock for First Financial Bankshares Inc last quarter.

Last Reported on: 24 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.65	744,805	173,540,000	reduced	-11.93

ABBV	abbvie inc	0.03	6,866	1,355,900	reduced	-3.34

ABT	abbott laboratories	0.27	111,580	12,721,200	reduced	-0.05

ACWF	blackrock fund advisors	0.00	3,742	234,586	added	2.66

ADBE	adobe inc	0.08	7,697	3,985,350	added	2.85

ADP	automatic data processing	0.01	1,056	292,227	reduced	-1.77

AEP	american electric power co inc	1.31	606,202	62,196,300	reduced	-0.51

AES	aes corp	0.08	184,293	3,696,920	added	3.33

AFL	aflac inc	0.01	2,678	299,400	added	1.06

AIRR	first trust advisors lp	0.00	3,874	229,380	new

AMD	advanced micro dev	0.30	85,981	14,107,800	reduced	-0.87

AMGN	amgen inc	1.52	224,577	72,361,000	reduced	-0.99

AMT	american tower corp	0.70	143,090	33,277,000	reduced	-1.01

AMZN	amazon.com inc	1.22	311,281	58,001,000	reduced	-0.42

ARE	alexandria real estate equitie	0.63	250,876	29,791,500	reduced	-1.5

AVGO	broadcom inc	3.02	832,667	143,635,000	added	0.13

BAC	bk of america corp	1.01	1,205,020	47,815,100	added	0.73

BIL	spdr series trust	0.46	389,285	22,033,500	reduced	-0.43

BIL	ssga funds management inc	0.20	103,277	9,481,860	added	3.53

BIL	ssga funds management	0.00	8,426	255,139	reduced	-15.38