SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Community Bank & Trust, Waco, Texas

CIK 0001654847 · PO BOX 2303, WACO, TX, 76703 · 2543996179

Reported Value
$487M
Q4 2025
Positions
153
Filings on Record
29
2019–present window
Filed
Feb 9, 2026
original filing

Summary

Community Bank & Trust, Waco, Texas reported $487M in U.S.-listed holdings across 153 positions for Q4 2025.

Its largest position, AAPL, represents 11.3% of the portfolio.

Compared with Q3 2025, the fund opened 9 new positions and exited 5.

Portfolio Metrics

Turnover
+4.2%
vs prior filed quarter
Top-10 Concentration
+38.8%
share of reported value
Largest Position
+11.3%
Apple
New / Exited
9 / 5
positions this quarter

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q1 ’19: $228MQ1 ’19Q2 ’19: $233MQ3 ’19: $233MQ4 ’19: $251MQ1 ’20: $200MQ1 ’20Q2 ’20: $239MQ3 ’20: $252MQ4 ’20: $284MQ1 ’21: $295MQ1 ’21Q2 ’21: $306MQ3 ’21: $307MQ4 ’21: $340MQ1 ’22: $349MQ1 ’22Q2 ’22: $302MQ3 ’22: $281MQ4 ’22: $307MQ1 ’23: $314MQ1 ’23Q2 ’23: $333MQ3 ’23: $281MQ4 ’23: $367MQ1 ’24: $407MQ1 ’24Q2 ’24: $400MQ3 ’24: $444MQ4 ’24: $438MQ1 ’25: $425MQ1 ’25Q2 ’25: $442MQ3 ’25: $485MQ4 ’25: $487MQ1 ’26: $505MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 97.2%ADR: 1.2%ETP: 1.2%REIT: 0.4%Closed-End Fund: 0.0%
  • Common Stock · 97.2% · $473M
  • ADR · 1.2% · $6M
  • ETP · 1.2% · $6M
  • REIT · 0.4% · $2M
  • Closed-End Fund · 0.0% · $117,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GTOInvesco Exchange Total Return Bond ETFNEW+8.8K8.8K+$418,000$418,000
AGGIshares Core US Aggregate Bond EtfNEW+3.8K3.8K+$384,000$384,000
BKLNInvesco Exchan Senior Loan ETFNEW+16.5K16.5K+$347,000$347,000
VRIGInvesco Exchange Variable Rate Inv Gr ETFNEW+13.8K13.8K+$345,000$345,000
JAAAJanus Detroit Henderson AAA CLO ETFNEW+5.5K5.5K+$278,000$278,000
FALNIshares Trust Fallen Angels USD Bond EtfNEW+10.2K10.2K+$278,000$278,000
GOVIInvesco Exchan Equal Wgt 0-30 Ye Tr ETFNEW+9.9K9.9K+$273,000$273,000
CCitigroup Inc.NEW+1.9K1.9K+$224,000$224,000

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

Holdings — Q4 2025

153 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inc.history →COM11.28%$55M202.2K
2MSFTMicrosoft Corphistory →COM4.33%$21M43.6K
3NVDANvidia Corphistory →COM4.02%$20M105.1K
4JPMJPMorgan Chase & Cohistory →COM3.27%$16M49.5K
5GOOGLAlphabet Inc Ahistory →CAP STK CL A3.04%$15M47.4K
6CATCaterpillar Inc.history →COM2.79%$14M23.7K
7BRK/BBerkshire Hathaway Inc. Bhistory →CL B NEW2.78%$14M27.0K
8WMTWalmart Inchistory →COM2.56%$12M112.0K
9AMZNAmazon.com Inc.history →COM2.37%$12M49.9K
10BXBlackstone Inchistory →COM2.36%$11M74.6K
11JNJJohnson & Johnsonhistory →COM2.30%$11M54.2K
12IBMInternational Business Machines Corphistory →COM2.14%$10M35.2K
13LMTLockheed Martin Corphistory →COM2.03%$10M20.4K
14EXMOCExxon Mobil Corphistory →COM2.00%$10M80.9K
15VLOValero Energy Corphistory →COM1.91%$9M57.3K
16CSCOCisco Systems, Inchistory →COM1.63%$8M103.2K
17AVGOBroadcom Inchistory →COM1.61%$8M22.6K
18ABBVAbbVie Inc.history →COM1.59%$8M33.9K
19MCDMcDonald's Corphistory →COM1.58%$8M25.1K
20PGProcter & Gamble Companyhistory →COM1.54%$7M52.2K
21GDGeneral Dynamics Corphistory →COM1.51%$7M21.8K
22CVXChevron Corporationhistory →COM1.46%$7M46.6K
23HDHome Depot, Inc.history →COM1.29%$6M18.2K
24PEPPepsico, Inchistory →COM1.23%$6M41.7K
25GOOGAlphabet Inchistory →CAP STK CL C1.20%$6M18.6K
26SOSouthern Companyhistory →COM1.19%$6M66.4K
27UNPUnion Pacific Corphistory →COM1.11%$5M23.4K
28LOWLowes Companies Inchistory →COM1.10%$5M22.2K
29MUMicron Technology Inchistory →COM1.09%$5M18.6K
30PRUPrudential Financial, Inchistory →COM1.08%$5M46.7K
31ABTAbbott Laboratorieshistory →COM1.01%$5M39.4K
32PSXPhillips 66COM0.90%$4M33.8K
33MRKMerck & Co. IncCOM0.89%$4M41.3K
34ELVElevance Health IncCOM0.88%$4M12.3K
35MOAltria Group Inc.COM0.86%$4M73.1K
36UNHUnitedHealth Group IncCOM0.84%$4M12.4K
37PAYXPaychex IncCOM0.75%$4M32.7K
38MCHPMicrochip Technology IncCOM0.71%$3M54.6K
39ICEIntercontinental Exchange, Inc.COM0.70%$3M21.1K
40VZVerizon Communications IncCOM0.70%$3M83.8K
41AMGNAmgen Inc.COM0.68%$3M10.1K
42NSCNorfolk Southern CorpCOM0.63%$3M10.7K
43ORCLOracle CorporationCOM0.63%$3M15.8K
44QCOMQUALCOMM IncCOM0.59%$3M16.9K
45STXSeagate Technology Holdings Plc CorpORD SHS0.56%$3M10.0K
46BKNGBooking Holdgs IncCOM0.54%$3M490
47RIORio Tinto Plc ADRSPONSORED ADR0.53%$3M32.0K
48KOCoca-Cola CompanyCOM0.53%$3M36.6K
49BLKBlackRock FDG IncCOM0.51%$2M2.3K
50AMDAdvanced Micro Devices IncCOM0.50%$2M11.3K
51CBRECbre Group Inc Class ACL A0.48%$2M14.7K
52DUKDuke Energy CorpCOM NEW0.48%$2M19.9K
53ADPAutomatic Data Processing Inc.COM0.47%$2M9.0K
54MDLZMondelez International, IncCL A0.42%$2M38.1K
55RTXRTX CorpCOM0.41%$2M10.9K
56BBYBest Buy Co., Inc.COM0.41%$2M29.7K
57PMPhilip Morris International, IncCOM0.40%$2M12.2K
58CSXCSX CorpCOM0.39%$2M52.2K
59KMIKinder Morgan, IncCOM0.39%$2M68.7K
60MDTMedtronic PlcSHS0.38%$2M19.2K
61COPConocoPhillipsCOM0.37%$2M19.2K
62KHCKraft HeinzCOM0.37%$2M73.7K
63BACBank of America CorpCOM0.36%$2M31.8K
64MAMastercard Inc Class ACL A0.35%$2M3.0K
65PFEPfizer IncCOM0.31%$2M61.6K
66TMToyota Motor CorpADS0.29%$1M6.7K
67RYRoyal Bank Of Canada CorpCOM0.29%$1M8.4K
68AMATApplied Materials IncCOM0.29%$1M5.5K
69DEDeere & CompanyCOM0.28%$1M2.9K
70INTCIntel CorporationCOM0.27%$1M36.2K
71WELLWelltower IncCOM0.27%$1M7.1K
72KRKroger CoCOM0.25%$1M19.5K
73CAHCardinal Health Inc ComCOM0.25%$1M5.9K
74TMUST-Mobile US Inc CorpCOM0.25%$1M5.9K
75ALLAllstate CorporationCOM0.24%$1M5.7K
76CEGConstellation Energy CorpCOM0.24%$1M3.3K
77ORLYO'Reilly Automotive Inc.COM0.22%$1M11.7K
78INTUIntuit Inc CorpCOM0.22%$1M1.6K
79NKENike, IncCL B0.22%$1M16.6K
80TGTTarget CorpCOM0.21%$1M10.7K
81TFCTruist Financial CorpCOM0.21%$1M21.0K
82CVSCVS Caremark CorpCOM0.21%$1M12.9K
83CRMSalesforce IncCOM0.20%$993,0003.7K
84MCKMcKesson CorpCOM0.20%$984,0001.2K
85GPNGlobal Payments IncCOM0.20%$970,00012.5K
86SPYSPDR S&P 500 ETFTR UNIT0.19%$910,0001.3K
87WMWaste Mgmt Inc DelCOM0.18%$877,0004.0K
88AZNNAstrazeneca Plc ADRSPONSORED ADR0.18%$871,0009.5K
89TMOThermo Fisher Scientific, IncCOM0.16%$779,0001.3K
90TUTelus Corp. Ordinary SharesCOM0.15%$734,00055.7K
91BABoeing CompanyCOM0.15%$719,0003.3K
92TXNTexas Instruments IncCOM0.15%$714,0004.1K
93TSLATesla Motors, IncCOM0.15%$711,0001.6K
94TTTrane Technologies PlcSHS0.14%$704,0001.8K
95LUVSouthwest Airlines CoCOM0.14%$687,0009.4K
96ACNAccenture plcSHS CLASS A0.14%$685,0002.6K
97LLYLilly Eli & CompanyCOM0.13%$638,000594
98NOCNorthrop Grumman CorpCOM0.12%$606,0001.1K
99BABAAlibaba Group Holding LtdSPONSORED ADS0.12%$596,0004.1K
100HPQHp IncCOM0.12%$574,00025.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$505M161Apr 17, 202613F-HRchanges · EDGAR ↗
Q4 2025$487M153Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$485M149Oct 28, 202513F-HRchanges · EDGAR ↗
Q2 2025$442M143Jul 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$425M143May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$438M140Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$444M142Nov 5, 202413F-HRchanges · EDGAR ↗
Q2 2024$400M137Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$407M142Apr 19, 202413F-HRchanges · EDGAR ↗
Q4 2023$367M136Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$281M129Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023$333M138Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$314M139May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$307M139Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$281M129Oct 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$302M135Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$349M136May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$340M131Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$307M133Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$306M130Jul 14, 202113F-HRchanges · EDGAR ↗
Q1 2021$295M131May 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$284M127Jan 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$252M122Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$239M120Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020$200M112Apr 24, 202013F-HRchanges · EDGAR ↗
Q4 2019$251M131Feb 3, 202013F-HRchanges · EDGAR ↗
Q3 2019$233M133Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$233M132Jul 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$228M137Apr 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 ↗.