# MCDANIEL TERRY & CO

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1104366. Source: https://holderbook.com/funds/1104366-mcdaniel-terry-co/

- Reported value: $1.3B
- Positions: 81
- Weight of the ten largest: 56.6%
- Filed: 2026-07-30

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $130.6M | 273,518 | 10.2% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $110.4M | 295,851 | 8.6% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $101.2M | 349,854 | 7.9% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $70.8M | 401,779 | 5.5% | 19 |
| NORDSON CORP | [NDSN](https://holderbook.com/stocks/NDSN/) | $70.5M | 233,840 | 5.5% | 31 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $50.0M | 185,044 | 3.9% | 31 |
| DONALDSON INC | [DCI](https://holderbook.com/stocks/DCI/) | $49.7M | 553,427 | 3.9% | 31 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $48.2M | 214,867 | 3.8% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $47.3M | 186,267 | 3.7% | 31 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $46.2M | 384,489 | 3.6% | 31 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $45.8M | 164,367 | 3.6% | 31 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $43.1M | 192,351 | 3.4% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $40.5M | 282,826 | 3.2% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $35.8M | 440,494 | 2.8% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $31.9M | 217,517 | 2.5% | 31 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $30.3M | 178,058 | 2.4% | 25 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $28.1M | 94,421 | 2.2% | 14 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $27.6M | 115,854 | 2.2% | 31 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $27.3M | 68,719 | 2.1% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $22.8M | 53,572 | 1.8% | 6 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $21.3M | 67,708 | 1.7% | 25 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $19.4M | 66,243 | 1.5% | 25 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $17.8M | 265,588 | 1.4% | 29 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $17.7M | 35,330 | 1.4% | 19 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $15.3M | 68,318 | 1.2% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $15.1M | 68,390 | 1.2% | 1 |
| ZEBRA TECHNOLOGIES CORPORATI | [ZBRA](https://holderbook.com/stocks/ZBRA/) | $15.1M | 57,352 | 1.2% | 13 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $12.6M | 25,146 | 1.0% | 31 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $11.8M | 55,455 | 0.9% | 2 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $10.5M | 40,121 | 0.8% | 25 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $7.9M | 57,973 | 0.6% | 1 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $6.4M | 51,267 | 0.5% | 6 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $5.8M | 13,500 | 0.5% | 8 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.1M | 4,218 | 0.2% | 12 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $3.0M | 15,239 | 0.2% | 24 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.0M | 12,069 | 0.2% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.6M | 7,356 | 0.2% | 31 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $2.5M | 1,830 | 0.2% | 15 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.1M | 15,592 | 0.2% | 31 |
| STELLAR BANCORP INC | [STEL](https://holderbook.com/stocks/STEL/) | $1.8M | 46,419 | 0.1% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.7M | 10,218 | 0.1% | 31 |
| BLACK STONE MINERALS L P | [BSM](https://holderbook.com/stocks/BSM/) | $1.7M | 119,987 | 0.1% | 31 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $1.4M | 4,563 | 0.1% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $1.4M | 6,275 | 0.1% | 31 |
| DORCHESTER MINERALS LP | [DMLP](https://holderbook.com/stocks/DMLP/) | $1.3M | 52,423 | 0.1% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.3M | 2,545 | 0.1% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.2M | 13,281 | 0.1% | 14 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.1M | 3,157 | 0.1% | 23 |
| SABINE RTY TR | [SBR](https://holderbook.com/stocks/SBR/) | $1.0M | 14,000 | 0.1% | 31 |
| SAN JUAN BASIN RTY TR | [SJT](https://holderbook.com/stocks/SJT/) | $1.0M | 318,076 | 0.1% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $898.4K | 749 | 0.1% | 13 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $792.1K | 2,097 | 0.1% | 8 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $786.4K | 6,213 | 0.1% | 9 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $773.3K | 9,252 | 0.1% | 25 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $714.6K | 10,009 | 0.1% | 16 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $559.0K | 1,988 | 0.0% | 31 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $521.1K | 3,325 | 0.0% | 31 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $485.3K | 6,203 | 0.0% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $482.3K | 2,187 | 0.0% | 31 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $461.5K | 2,730 | 0.0% | 11 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $443.3K | 4,264 | 0.0% | 30 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $438.6K | 3,670 | 0.0% | 3 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $433.2K | 7,519 | 0.0% | 17 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $416.0K | 2,749 | 0.0% | 31 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $395.9K | 2,445 | 0.0% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $380.4K | 1,079 | 0.0% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $374.1K | 1,384 | 0.0% | 25 |
| TEXAS CAP BANCSHARES INC | [TCBI](https://holderbook.com/stocks/TCBI/) | $361.4K | 3,500 | 0.0% | 3 |
| FEDEX FGHT HLDG CO INC | - | $351.1K | 2,325 | 0.0% | 1 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $345.9K | 939 | 0.0% | 8 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $326.7K | 3,039 | 0.0% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $321.2K | 553 | 0.0% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $316.6K | 562 | 0.0% | 14 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $293.0K | 2,587 | 0.0% | 14 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $285.0K | 787 | 0.0% | 11 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $278.6K | 851 | 0.0% | 2 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $258.1K | 7,020 | 0.0% | 7 |
| FIRST FINL BANKSHARES INC | [FFIN](https://holderbook.com/stocks/FFIN/) | $253.8K | 7,336 | 0.0% | 11 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $225.9K | 3,965 | 0.0% | 1 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $201.3K | 1,714 | 0.0% | 1 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $176.9K | 13,318 | 0.0% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.1% | +14.8% | -5.7% | 100% |
| Q1 2026 | -3.9% | -4.6% | +0.7% | 100% |
| Q4 2025 | +1.6% | +2.4% | -0.8% | 100% |
| Q3 2025 | +3.1% | +7.8% | -4.7% | 100% |
| Q2 2025 | +7.8% | +10.5% | -2.6% | 100% |
| Q1 2025 | -3.5% | -4.6% | +1.1% | 100% |
| Q4 2024 | -1.6% | +2.1% | -3.8% | 100% |
| Q3 2024 | +4.3% | +5.4% | -1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.3B | 81 |
| Q1 2026 | $1.2B | 81 |
| Q4 2025 | $1.1B | 76 |
| Q3 2025 | $1.2B | 90 |
| Q2 2025 | $1.2B | 91 |
| Q1 2025 | $1.1B | 99 |
| Q4 2024 | $1.2B | 100 |
| Q3 2024 | $1.2B | 98 |
| Q2 2024 | $1.1B | 94 |
| Q1 2024 | $1.1B | 102 |
| Q4 2023 | $1.0B | 85 |
| Q3 2023 | $960.1M | 84 |