SEC 13F Intelligence

Managers / Q4 2020 · view latest →

PENN DAVIS MCFARLAND INC

CIK 0001108893 · 2626 COLE AVENUE, SUITE 504, DALLAS, TX, 75204 · 2148712772

Reported Value
$466M
Q4 2020
Positions
45
Filings on Record
31
2019–present window
Filed
Jan 22, 2021
original filing

Summary

Penn Davis Mcfarland Inc reported $466M in U.S.-listed holdings across 45 positions for Q4 2020.

Its largest position, GOOG, represents 9.8% of the portfolio.

Compared with Q3 2020, the fund opened 2 new positions and exited 0.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+57.2%
share of reported value
Largest Position
+9.8%
Alphabet Inc Google C

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $257MQ4 ’18Q1 ’19: $289MQ2 ’19: $296MQ3 ’19: $320MQ4 ’19: $337MQ4 ’19Q1 ’20: $288MQ2 ’20: $368MQ3 ’20: $384MQ4 ’20: $466MQ4 ’20Q1 ’21: $522MQ2 ’21: $572MQ3 ’21: $547MQ4 ’21: $589MQ4 ’21Q1 ’22: $623MQ2 ’22: $532MQ3 ’22: $499MQ4 ’22: $510MQ4 ’22Q1 ’23: $545MQ2 ’23: $562MQ3 ’23: $571MQ4 ’23: $588MQ4 ’23Q1 ’24: $645MQ2 ’24: $647MQ3 ’24: $889MQ4 ’24: $919MQ4 ’24Q1 ’25: $845MQ2 ’25: $888MQ3 ’25: $968MQ4 ’25: $1.0BQ4 ’25Q1 ’26: $1.0Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 73.6%ADR: 10.7%Other: 8.6%MLP: 4.9%Tracking Stk: 1.4%Other: 0.9%
  • Common Stock · 73.6% · $343M
  • ADR · 10.7% · $50M
  • Other · 8.6% · $40M
  • MLP · 4.9% · $23M
  • Tracking Stk · 1.4% · $6M
  • Other · 0.9% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LIBERTY MEDIA - SIRIUSXM CL CNEW+146.3K146.3K+$6M$6M
BLDPBALLARD POWER SYSTEMSNEW+12.2K12.2K+$286,000$286,000
RTXRAYTHEON TECHNOLOGIES CORP.ADDED+110.5K184.9K+$9M$13M
R6C2ROYAL DUTCH SHELL PLC ADR CL BADDED+234.2K547.3K+$11M$18M
S9QSPIRIT AEROSYSTEMSTRIMMED−126.9K474.7K+$7M$19M
KMIKINDER MORGAN, INC.ADDED+135.3K1.32M+$3M$18M
EPDENTERPRISE PRODUCTS PRTNSADDED+88.7K1.15M+$6M$23M
GILDGILEAD SCIENCES, INCADDED+17.7K268.1K−$205,000$16M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

45 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGALPHABET INC CL C (GOOGLE C)history →Common Stocks9.80%$46M26.1K
2QCOMQUALCOMM INChistory →Common Stocks8.51%$40M260.6K
3AAPLAPPLE INC.history →Common Stocks6.96%$32M244.7K
4BMYBRISTOL-MYERS SQUIBB COhistory →Common Stocks5.41%$25M407.0K
5GOOGLALPHABET INC CL A (GOOGLE A)history →Common Stocks5.25%$24M14.0K
6EPDENTERPRISE PRODUCTS PRTNShistory →Common Stocks4.83%$23M1.15M
7UNHUNITEDHEALTH GROUP INC.history →Common Stocks4.35%$20M57.9K
8ATVIEURACTIVISION BLIZZARD, INC.history →Common Stocks4.15%$19M208.6K
9S9QSPIRIT AEROSYSTEMShistory →Common Stocks3.98%$19M474.7K
10R6C2ROYAL DUTCH SHELL PLC ADR CL Bhistory →Common Stocks3.94%$18M547.3K
11KMIKINDER MORGAN, INC.history →Common Stocks3.88%$18M1.32M
12BUDANHEUSER-BUSCH INBEV SAhistory →Common Stocks3.63%$17M242.2K
13NIELSEN HOLDINGS PLCCommon Stocks3.40%$16M760.3K
14GILDGILEAD SCIENCES, INChistory →Common Stocks3.35%$16M268.1K
15XYLXYLEM INC.history →Common Stocks3.17%$15M145.2K
16ABJAABB LIMITEDhistory →Common Stocks3.08%$14M513.2K
17EBAEBAY INChistory →Common Stocks3.00%$14M278.5K
18RTXRAYTHEON TECHNOLOGIES CORP.history →Common Stocks2.84%$13M184.9K
19SFMSPROUTS FARMERS MARKET INChistory →Common Stocks2.76%$13M640.7K
20LVSLAS VEGAS SANDShistory →Common Stocks2.62%$12M204.9K
21CHECK POINT SOFTWARE TECHCommon Stocks2.58%$12M90.5K
22ACCENTURE PLCCommon Stocks2.25%$10M40.1K
23INOVINOVALON HOLDINGS INC. (Class A)history →Common Stocks1.77%$8M454.1K
24LIBERTY MEDIA - SIRIUSXM CL CCommon Stocks1.36%$6M146.3K
25DOCHEALTHPEAK PROPERTIES, INC.Common Stocks0.54%$3M82.7K
26HONGBPHONEYWELL INTL INCCommon Stocks0.52%$2M11.4K
27NXP SEMICONDUCTCommon Stocks0.35%$2M10.4K
28GLPIGAMING AND LEISURE PROPERTIES INC.Common Stocks0.21%$966,00022.8K
29AMZNAMAZON COM INCCommon Stocks0.20%$931,000286
30VVISA, INC.Common Stocks0.16%$759,0003.5K
31PAYXPAYCHEX INC.Common Stocks0.12%$548,0005.9K
32MTDRMATADOR RESOURCES CO.Common Stocks0.12%$543,00045.0K
33NVDANVIDIA CORPCommon Stocks0.11%$522,0001.0K
34RETAEURREATA PHARMACEUTICALS INC.Common Stocks0.10%$476,0003.8K
35PFEPFIZER INCCommon Stocks0.10%$446,00012.1K
36MSFTMICROSOFT CORPORATIONCommon Stocks0.09%$407,0001.8K
37SPDR S & P 500 ETFCommon Stocks0.09%$407,0001.1K
38DMLPDORCHESTER MINERALS LPCommon Stocks0.08%$370,00033.9K
39AMGNAMGEN INCCommon Stocks0.08%$360,0001.6K
40PEPPEPSICO INCCommon Stocks0.06%$288,0001.9K
41BLDPBALLARD POWER SYSTEMSCommon Stocks0.06%$286,00012.2K
42BRK/BBERKSHIRE HATHAWAY CLASS BCommon Stocks0.06%$261,0001.1K
43BMY-RBRISTOL-MYERS CONTINGENT VALUE RT EXP 3/31/2021Common Stocks0.04%$204,000295.4K
44BSMBLACK STONE MINERALS LPCommon Stocks0.03%$117,00017.5K
45BARCLAYS BK PLC CONV ZERO CPNConvertible Bonds0.01%$46,00046.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.0B75Apr 21, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.0B75Jan 16, 202613F-HRchanges · EDGAR ↗
Q3 2025$968M76Oct 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$888M76Jul 15, 202513F-HRchanges · EDGAR ↗
Q1 2025$845M75Apr 23, 202513F-HRchanges · EDGAR ↗
Q4 2024$919M81Jan 16, 202513F-HRchanges · EDGAR ↗
Q3 2024$889M77Oct 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$647M45Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$645M47Apr 25, 202413F-HRchanges · EDGAR ↗
Q4 2023$588M46Jan 19, 202413F-HRchanges · EDGAR ↗
Q3 2023$571M46Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$562M44Jul 18, 202313F-HRchanges · EDGAR ↗
Q1 2023$545M43Apr 21, 202313F-HRchanges · EDGAR ↗
Q4 2022$510M43Jan 24, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$499M43Oct 21, 202213F-HRchanges · EDGAR ↗
Q2 2022$532M45Jul 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$623M45Apr 27, 202213F-HRchanges · EDGAR ↗
Q4 2021$589M45Jan 20, 202213F-HRchanges · EDGAR ↗
Q3 2021$547M45Oct 21, 202113F-HRchanges · EDGAR ↗
Q2 2021$572M48Jul 19, 202113F-HRchanges · EDGAR ↗
Q1 2021$522M49Apr 21, 202113F-HRchanges · EDGAR ↗
Q4 2020$466M45Jan 22, 202113F-HRchanges · EDGAR ↗
Q3 2020$384M43Oct 28, 202013F-HRchanges · EDGAR ↗
Q2 2020$368M46Jul 29, 202013F-HRchanges · EDGAR ↗
Q1 2020$288M43Apr 20, 202013F-HRchanges · EDGAR ↗
Q4 2019$337M49Jan 17, 202013F-HRchanges · EDGAR ↗
Q3 2019$320M44Oct 25, 201913F-HRchanges · EDGAR ↗
Q2 2019$296M39Jul 16, 201913F-HRchanges · EDGAR ↗
Q1 2019$289M40Apr 25, 201913F-HRchanges · EDGAR ↗
Q4 2018$257M38Jan 18, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.