ACADEMY CAPITAL MANAGEMENT Long-Term Concentrated

Location: Waco, TX

CIK: 0001031972 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 14, 2026

Total Value: $699M (100.0% shares, 0.0% debt)

Holdings (37)

AAPL APPLE INC 10.0%

Value $70.12M Shares 276,278 Est. Cost $143.79 Unrealized +82.8%

— ALPHABET C 8.2%

Value $57.58M Shares 200,718 Est. Cost $140.93 Unrealized —

AMZN AMAZON.COM INC 7.7%

Value $53.55M Shares 257,131 Est. Cost $120.36 Unrealized +88.5%

TSM TAIWAN SEMI 7.3%

Value $50.73M Shares 150,105 Est. Cost $133.27 Unrealized —

BRK/B BERKSHIRE B 7.2%

Value $50.4M Shares 105,172 Est. Cost $212.20 Unrealized +132.5%

— META PLATFORMS 7.2%

Value $50.22M Shares 87,781 Est. Cost $360.87 Unrealized —

— MASTERCARD INC 7.0%

Value $49.2M Shares 98,471 Est. Cost $426.51 Unrealized —

MSFT MICROSOFT CORP 6.7%

Value $47.15M Shares 127,382 Est. Cost $272.43 Unrealized +59.5%

— ALPHABET A 6.7%

Value $46.67M Shares 162,287 Est. Cost $139.69 Unrealized —

— PRIMERICA INC 4.7%

Value $32.53M Shares 129,888 Est. Cost $99.63 Unrealized —

— ZOETIS INC CLASS 3.9%

Value $26.99M Shares 228,330 Est. Cost $133.53 Unrealized —

NVO NOVO NORDISK 3.8%

Value $26.43M Shares 719,230 Est. Cost $56.91 Unrealized —

— POOL CORP 3.6%

Value $24.92M Shares 123,159 Est. Cost $240.26 Unrealized —

— UNITEDHEALTH 3.3%

Value $22.95M Shares 84,827 Est. Cost $312.47 Unrealized —

— IDEXX LABS INC 2.8%

Value $19.28M Shares 34,319 Est. Cost $548.33 Unrealized —

— SP GLOBAL INC 2.5%

Value $17.5M Shares 41,151 Est. Cost $435.80 Unrealized —

ADYEY ADYEN NV 1.8%

Value $12.62M Shares 1,265,437 Est. Cost $9.97 Unrealized —

LVMUY LVMH MOET 1.6%

Value $11.3M Shares 103,466 Est. Cost $122.40 Unrealized —

— EXXON MOBIL 1.1%

Value $7.7M Shares 45,384 Est. Cost $110.14 Unrealized —

C CITIGRP INC 0.9%

Value $6.351M Shares 56,000 Est. Cost $59.19 Unrealized +96.3%

— ALIBABA GRP 0.5%

Value $3.216M Shares 25,633 Est. Cost $78.94 Unrealized —

NSRGY NESTLE ADR 0.4%

Value $3.025M Shares 30,523 Est. Cost $80.94 Unrealized —

TRV TRAVELERS COMP 0.4%

Value $2.805M Shares 9,617 Est. Cost $211.74 Unrealized +36.3%

HBAN HUNT BANCSHARES 0.1%

Value $811K Shares 51,851 Est. Cost $17.89 Unrealized 0.0%

— VISA INC CLASS A 0.1%

Value $756K Shares 2,502 Est. Cost $315.28 Unrealized —

GLW CORNING INC 0.1%

Value $709K Shares 5,215 Est. Cost $46.35 Unrealized +141.0%

PEP PEPSICO INC 0.1%

Value $696K Shares 4,481 Est. Cost $87.15 Unrealized +77.6%

— NEXTERA ENGY 0.1%

Value $652K Shares 7,016 Est. Cost $77.26 Unrealized —

— NETFLIX INC 0.1%

Value $558K Shares 5,800 Est. Cost $133.07 Unrealized —

Value $446K Shares 1,823 Est. Cost $149.59 Unrealized +52.3%

— RTX CORP 0.1%

Value $377K Shares 1,956 Est. Cost $115.72 Unrealized —

CVX CHEVRON CORP 0.1%

Value $361K Shares 1,745 Est. Cost $145.50 Unrealized +18.1%

— MERCK & CO. INC. 0.0%

Value $297K Shares 2,469 Est. Cost $99.48 Unrealized —

STEL STELLAR BANCORP 0.0%

Value $257K Shares 7,033 Est. Cost $30.96 Unrealized +14.9%

BHC BAUSCH HEALTH 0.0%

Value $228K Shares 42,288 Est. Cost $21.68 Unrealized -70.4%

F FORD MOTOR CO 0.0%

Value $17,899 Shares 1,551 Est. Cost $13.74 Unrealized 0.0%

— PROVECTUS BIO 0.0%

Value $1,018 Shares 20,000 Est. Cost $0.10 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	276,278	$70.12M	10.0%	$143.79	+82.8%	com	037833100
—	ALPHABET C	200,718	$57.58M	8.2%	$140.93	—	com	02079k107
AMZN	AMAZON.COM INC	257,131	$53.55M	7.7%	$120.36	+88.5%	com	023135106
TSM	TAIWAN SEMI	150,105	$50.73M	7.3%	$133.27	—	com	874039100
BRK/B	BERKSHIRE B	105,172	$50.4M	7.2%	$212.20	+132.5%	com	084670702
—	META PLATFORMS	87,781	$50.22M	7.2%	$360.87	—	com	30303m102
—	MASTERCARD INC	98,471	$49.2M	7.0%	$426.51	—	com	57636q104
MSFT	MICROSOFT CORP	127,382	$47.15M	6.7%	$272.43	+59.5%	com	594918104
—	ALPHABET A	162,287	$46.67M	6.7%	$139.69	—	com	02079k305
—	PRIMERICA INC	129,888	$32.53M	4.7%	$99.63	—	com	74164m108
—	ZOETIS INC CLASS	228,330	$26.99M	3.9%	$133.53	—	com	98978v103
NVO	NOVO NORDISK	719,230	$26.43M	3.8%	$56.91	—	com	670100205
—	POOL CORP	123,159	$24.92M	3.6%	$240.26	—	com	73278l105
—	UNITEDHEALTH	84,827	$22.95M	3.3%	$312.47	—	com	91324p102
—	IDEXX LABS INC	34,319	$19.28M	2.8%	$548.33	—	com	45168d104
—	SP GLOBAL INC	41,151	$17.5M	2.5%	$435.80	—	com	78409v104
ADYEY	ADYEN NV	1,265,437	$12.62M	1.8%	$9.97	—	com	00783V104
LVMUY	LVMH MOET	103,466	$11.3M	1.6%	$122.40	—	com	502441306
—	EXXON MOBIL	45,384	$7.7M	1.1%	$110.14	—	com	30231g102
C	CITIGRP INC	56,000	$6.351M	0.9%	$59.19	+96.3%	com	172967424
—	ALIBABA GRP	25,633	$3.216M	0.5%	$78.94	—	com	01609w102
NSRGY	NESTLE ADR	30,523	$3.025M	0.4%	$80.94	—	com	641069406
TRV	TRAVELERS COMP	9,617	$2.805M	0.4%	$211.74	+36.3%	com	89417E109
HBAN	HUNT BANCSHARES	51,851	$811K	0.1%	$17.89	0.0%	com	446150104
—	VISA INC CLASS A	2,502	$756K	0.1%	$315.28	—	com	92826c839
GLW	CORNING INC	5,215	$709K	0.1%	$46.35	+141.0%	com	219350105
PEP	PEPSICO INC	4,481	$696K	0.1%	$87.15	+77.6%	com	713448108
—	NEXTERA ENGY	7,016	$652K	0.1%	$77.26	—	com	65339f101
—	NETFLIX INC	5,800	$558K	0.1%	$133.07	—	com	64110l106
JNJ	J&J	1,823	$446K	0.1%	$149.59	+52.3%	com	478160104
—	RTX CORP	1,956	$377K	0.1%	$115.72	—	com	75513e101
CVX	CHEVRON CORP	1,745	$361K	0.1%	$145.50	+18.1%	com	166764100
—	MERCK & CO. INC.	2,469	$297K	0.0%	$99.48	—	com	58933y105
STEL	STELLAR BANCORP	7,033	$257K	0.0%	$30.96	+14.9%	com	858927106
BHC	BAUSCH HEALTH	42,288	$228K	0.0%	$21.68	-70.4%	com	071734107
F	FORD MOTOR CO	1,551	$17,899	0.0%	$13.74	0.0%	com	345370860
—	PROVECTUS BIO	20,000	$1,018	0.0%	$0.10	—	com	74373p108