# Stack Financial Management, Inc

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1308685. Source: https://holderbook.com/funds/1308685-stack-financial-management-inc/

- Reported value: $1.3B
- Positions: 54
- Weight of the ten largest: 46.5%
- Filed: 2026-08-03

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 |
|---|---|---|---|---|---|
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $115.0M | 1,014,994 | 9.0% | 31 |
| PROSHARES TR | [SH](https://holderbook.com/stocks/SH/) | $91.7M | 2,776,433 | 7.2% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $70.0M | 187,635 | 5.5% | 31 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $66.7M | 92,624 | 5.2% | 25 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $59.7M | 119,231 | 4.7% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $43.7M | 263,390 | 3.4% | 31 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $41.3M | 142,143 | 3.2% | 10 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $38.5M | 281,488 | 3.0% | 16 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $36.3M | 214,827 | 2.8% | 22 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $32.4M | 145,573 | 2.5% | 25 |
| CENTERPOINT ENERGY INC | [CNP](https://holderbook.com/stocks/CNP/) | $31.6M | 718,069 | 2.5% | 11 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $30.1M | 268,144 | 2.4% | 14 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $29.1M | 115,754 | 2.3% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $27.4M | 212,862 | 2.1% | 26 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $27.3M | 311,320 | 2.1% | 5 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $26.6M | 104,884 | 2.1% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $26.1M | 320,898 | 2.0% | 31 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $25.0M | 192,975 | 2.0% | 21 |
| CBOE GLOBAL MKTS INC | [CBOE](https://holderbook.com/stocks/CBOE/) | $24.8M | 102,087 | 1.9% | 7 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $24.8M | 206,102 | 1.9% | 6 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $24.7M | 103,893 | 1.9% | 7 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $24.4M | 192,456 | 1.9% | 12 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $23.8M | 221,493 | 1.9% | 3 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $22.9M | 72,644 | 1.8% | 31 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $22.5M | 44,145 | 1.8% | 25 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $21.6M | 150,577 | 1.7% | 12 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $20.1M | 73,053 | 1.6% | 13 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $20.1M | 71,755 | 1.6% | 9 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $19.7M | 952,866 | 1.5% | 3 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $19.1M | 330,702 | 1.5% | 31 |
| CROWN HLDGS INC | [CCK](https://holderbook.com/stocks/CCK/) | $19.1M | 170,453 | 1.5% | 2 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $18.6M | 178,676 | 1.4% | 31 |
| AMEREN CORP | [AEE](https://holderbook.com/stocks/AEE/) | $17.6M | 156,114 | 1.4% | 11 |
| DTE ENERGY CO | [DTE](https://holderbook.com/stocks/DTE/) | $17.3M | 113,354 | 1.3% | 9 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $17.3M | 76,938 | 1.3% | 12 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $16.0M | 287,884 | 1.2% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $15.9M | 117,752 | 1.2% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $14.6M | 76,898 | 1.1% | 31 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $13.9M | 178,117 | 1.1% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $13.9M | 94,993 | 1.1% | 31 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $13.9M | 51,003 | 1.1% | 10 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $9.9M | 79,193 | 0.8% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.6M | 5,487 | 0.1% | 9 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.2M | 1,598 | 0.1% | 31 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $637.2K | 8,445 | 0.0% | 15 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $533.6K | 1,493 | 0.0% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $466.7K | 1,321 | 0.0% | 3 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $399.1K | 2,858 | 0.0% | 1 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $398.4K | 2,568 | 0.0% | 31 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $317.8K | 1,715 | 0.0% | 13 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $278.5K | 1,309 | 0.0% | 1 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $240.8K | 5,311 | 0.0% | 2 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $236.7K | 4,456 | 0.0% | 6 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $225.8K | 1,423 | 0.0% | 10 |

## 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 | -3.4% | +14.8% | -18.3% | 100% |
| Q1 2026 | +7.0% | -4.6% | +11.6% | 100% |
| Q4 2025 | +1.2% | +2.4% | -1.1% | 100% |
| Q3 2025 | +5.6% | +7.8% | -2.3% | 100% |
| Q2 2025 | +2.7% | +10.5% | -7.7% | 100% |
| Q1 2025 | +3.9% | -4.6% | +8.4% | 100% |
| Q4 2024 | -4.8% | +2.1% | -6.9% | 100% |
| Q3 2024 | +7.8% | +5.4% | +2.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.3B | 54 |
| Q1 2026 | $1.4B | 52 |
| Q4 2025 | $1.3B | 59 |
| Q3 2025 | $1.2B | 51 |
| Q2 2025 | $1.1B | 49 |
| Q1 2025 | $1.2B | 53 |
| Q4 2024 | $1.1B | 50 |
| Q3 2024 | $1.1B | 48 |
| Q2 2024 | $1.1B | 49 |
| Q1 2024 | $1.1B | 46 |
| Q4 2023 | $885.5M | 42 |
| Q3 2023 | $858.3M | 40 |