First Bankshares Inc 13F annual report
First Bankshares Inc is an investment fund managing more than $4.36 trillion ran by Michelle Hickox. There are currently 151 companies in Mrs. Hickox’s portfolio. The largest investments include First Bankshares and Microsoft, together worth $777 billion.
$4.36 trillion Assets Under Management (AUM)
As of 6th August 2024, First Bankshares Inc’s top holding is 18,138,955 shares of First Bankshares currently worth over $536 billion and making up 12.3% of the portfolio value.
Relative to the number of outstanding shares of First Bankshares, First Bankshares Inc owns more than 0.1% of the company.
In addition, the fund holds 540,568 shares of Microsoft worth $242 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Apple Inc worth $178 billion and the next is JPMorgan Chase & Co worth $163 billion, with 807,226 shares owned.
Currently, First Bankshares Inc's portfolio is worth at least $4.36 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at First Bankshares Inc
The First Bankshares Inc office and employees reside in Abilene, Texas. According to the last 13-F report filed with the SEC, Michelle Hickox serves as the EVP, CFO, Secretary and Treasurer at First Bankshares Inc.
Recent trades
In the most recent 13F filing, First Bankshares Inc revealed that it had opened a new position in
Realty Income and bought 188,774 shares worth $9.97 billion.
This means they effectively own approximately 0.1% of the company.
Realty Income makes up
11.4%
of the fund's Real Estate sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
18,118 additional shares.
This makes their stake in Microsoft total 540,568 shares worth $242 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that First Bankshares Inc is getting rid of from its portfolio.
First Bankshares Inc closed its position in Vanguard Etf/usa on 13th August 2024.
It sold the previously owned 224,440 shares for $25.4 billion.
Michelle Hickox also disclosed a decreased stake in First Bankshares by approximately 0.1%.
This leaves the value of the investment at $536 billion and 18,138,955 shares.
One of the largest hedge funds
The two most similar investment funds to First Bankshares Inc are Nuance Investments and Lindsell Train Ltd. They manage $4.37 trillion and $4.33 trillion respectively.
Michelle Hickox investment strategy
First Bankshares Inc’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Finance — making up 21.7% of
the total portfolio value.
The fund focuses on investments in the United States as
63.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
59% of the total holdings value.
On the other hand, small-cap stocks make up only 1.3% of the portfolio.
The average market cap of the portfolio companies is close to $177 billion.
The complete list of First Bankshares Inc trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| First Financial Bankshares, Inc. |
1.05%
18,138,955
|
$535,643,341,000 | 12.28% |
| Microsoft Corporation |
3.47%
540,568
|
$241,606,867,000 | 5.54% |
| Apple Inc |
2.37%
845,670
|
$178,115,016,000 | 4.08% |
| JPMorgan Chase & Co. |
1.95%
807,226
|
$163,269,531,000 | 3.74% |
| Vanguard Etf/usa |
1.69%
7,864,163
|
$482,057,124,000 | 11.05% |
| Blackrock Fund Advisors |
1.26%
2,730,744
|
$161,573,226,000 | 3.70% |
| Broadcom Inc |
0.09%
83,156
|
$133,509,453,000 | 3.06% |
| Merck & Co Inc |
2.27%
823,422
|
$101,939,644,000 | 2.34% |
| Blackstone Inc |
0.70%
807,726
|
$99,996,479,000 | 2.29% |
| Chevron Corp. |
3.81%
612,887
|
$95,867,785,000 | 2.20% |
| Johnson & Johnson |
13.57%
568,990
|
$83,163,578,000 | 1.91% |
| Mondelez International Inc. |
1.50%
1,178,318
|
$77,109,130,000 | 1.77% |
| Honeywell International Inc |
0.02%
345,735
|
$73,828,252,000 | 1.69% |
| Alphabet Inc |
13.84%
415,255
|
$75,653,455,000 | 1.73% |
| Mcdonald's Corp |
55.27%
281,071
|
$71,628,134,000 | 1.64% |
| AMGEN Inc. |
0.13%
226,824
|
$70,871,158,000 | 1.62% |
| Williams Cos Inc/the |
1.26%
1,592,415
|
$67,677,638,000 | 1.55% |
| Pepsico Inc |
0.41%
392,747
|
$64,775,763,000 | 1.49% |
| Eaton Corp Plc |
17.95%
206,306
|
$64,687,246,000 | 1.48% |
| Conocophillips |
8.21%
545,442
|
$62,387,656,000 | 1.43% |
| Vanguard Group Inc/the |
1.38%
1,067,598
|
$61,910,008,000 | 1.42% |
| NVIDIA Corp |
859.90%
491,202
|
$60,683,095,000 | 1.39% |
| Amazon.com Inc. |
15.08%
312,597
|
$60,409,370,000 | 1.38% |
| Coca-cola Co/the |
0.14%
871,070
|
$55,443,606,000 | 1.27% |
| American Electric Power Company Inc. |
0.36%
609,332
|
$53,462,789,000 | 1.23% |
| Lockheed Martin Corp. |
0.37%
113,722
|
$53,119,547,000 | 1.22% |
| Medtronic Plc |
0.43%
665,268
|
$52,363,244,000 | 1.20% |
| NextEra Energy Inc |
0.26%
728,146
|
$51,560,018,000 | 1.18% |
| Blackrock Inc. |
0.07%
64,039
|
$50,419,185,000 | 1.16% |
| Invitation Homes Inc |
0.73%
1,352,873
|
$48,554,612,000 | 1.11% |
| Bk Of America Corp |
0.06%
1,196,283
|
$47,576,175,000 | 1.09% |
| Cisco Systems, Inc. |
2.82%
978,032
|
$46,466,300,000 | 1.07% |
| Citigroup Inc |
1.77%
694,566
|
$44,077,158,000 | 1.01% |
| Home Depot Inc/the |
0.93%
124,123
|
$42,728,101,000 | 0.98% |
| Select Sector Spdr |
1.57%
617,018
|
$42,043,607,000 | 0.96% |
| Meta Platforms Inc |
15.15%
82,996
|
$41,848,243,000 | 0.96% |
| Walmart Inc |
1.15%
512,795
|
$34,721,350,000 | 0.80% |
| Comcast Corp |
3.17%
806,172
|
$31,569,696,000 | 0.72% |
| Mastercard Incorporated |
23.40%
68,857
|
$30,376,954,000 | 0.70% |
| Alexandria Real Estate Equitie |
0.92%
254,706
|
$29,792,961,000 | 0.68% |
| NiSource Inc |
0.12%
1,020,308
|
$29,395,074,000 | 0.67% |
| American Tower Corp. |
1.38%
144,553
|
$28,098,212,000 | 0.64% |
| Starbucks Corp. |
2.18%
357,724
|
$27,848,814,000 | 0.64% |
| Camden Property Trust |
2.20%
241,867
|
$26,390,108,000 | 0.61% |
| Ishares Etfs/usa |
35.40%
529,832
|
$48,136,650,000 | 1.10% |
| Lowe's Cos Inc |
0.99%
114,548
|
$25,253,252,000 | 0.58% |
| Vanguard Etf/usa |
Closed
224,440
|
$25,431,917,000 | |
| Novartis AG |
31.97%
213,034
|
$22,679,599,000 | 0.52% |
| Unitedhealth Group Inc |
5.86%
38,138
|
$19,422,158,000 | 0.45% |
| Union Pacific Corp. |
0.63%
85,610
|
$19,370,119,000 | 0.44% |
| SPDR Series Trust |
0.78%
390,957
|
$19,195,988,000 | 0.44% |
| ServiceNow Inc |
1.31%
22,136
|
$17,413,728,000 | 0.40% |
| Lam Research Corp. |
0.85%
14,532
|
$15,474,400,000 | 0.35% |
| Salesforce.com Inc |
0.30%
55,384
|
$14,239,227,000 | 0.33% |
| Advanced Micro Dev |
1.95%
86,736
|
$14,069,446,000 | 0.32% |
| S&P Global Inc |
0.80%
29,224
|
$13,033,904,000 | 0.30% |
| Abbott Laboratories |
0.35%
111,641
|
$11,600,616,000 | 0.27% |
| Pfizer Inc. |
1.19%
410,835
|
$11,495,163,000 | 0.26% |
| Danaher Corp. |
1.03%
42,533
|
$10,626,870,000 | 0.24% |
| Realty Income Corp. |
Opened
188,774
|
$9,971,043,000 | 0.23% |
| Cipher Mng Inc |
No change
2,397,424
|
$9,949,310,000 | 0.23% |
| State Street Etf/usa |
3.80%
100,405
|
$9,505,089,000 | 0.22% |
| Workday Inc |
0.75%
32,652
|
$7,299,681,000 | 0.17% |
| Exxon Mobil Corp. |
28.39%
63,399
|
$7,298,493,000 | 0.17% |
| Palo Alto Networks Inc |
2.92%
19,636
|
$6,656,800,000 | 0.15% |
| Vanguard |
15.33%
13,064
|
$6,533,699,000 | 0.15% |
| Stanley Black & Decker Inc |
0.22%
63,558
|
$5,077,649,000 | 0.12% |
| United Therapeutics Corp |
0.74%
13,577
|
$4,324,953,000 | 0.10% |
| Adobe Inc |
4.35%
7,484
|
$4,157,661,000 | 0.10% |
| Ishares |
1.82%
19,214
|
$4,547,542,000 | 0.10% |
| Booking Holdings Inc |
0.37%
821
|
$3,252,392,000 | 0.07% |
| AES Corp. |
0.39%
178,348
|
$3,133,574,000 | 0.07% |
| Intuitive Surgical Inc |
1.34%
6,138
|
$2,730,489,000 | 0.06% |
| Ssga Funds Management Inc |
49.58%
4,915
|
$2,674,841,000 | 0.06% |
| KLA Corp. |
2.76%
2,991
|
$2,466,110,000 | 0.06% |
| Chart Industries Inc |
1.64%
16,452
|
$2,374,682,000 | 0.05% |
| Incyte Corp. |
4.26%
38,284
|
$2,320,776,000 | 0.05% |
| Generac Holdings Inc |
0.40%
17,406
|
$2,301,421,000 | 0.05% |
| Neurocrine Biosciences, Inc. |
2.98%
16,676
|
$2,295,785,000 | 0.05% |
| Roper Industries Inc |
0.58%
3,968
|
$2,236,603,000 | 0.05% |
| Main Street Capital Corporation |
71.56%
40,228
|
$2,031,112,000 | 0.05% |
| Ishares Tr |
No change
43,894
|
$1,869,445,000 | 0.04% |
| Equinix Inc |
4.69%
2,389
|
$1,807,517,000 | 0.04% |
| Estee Lauder Cos., Inc. |
5.01%
16,975
|
$1,806,140,000 | 0.04% |
| Visa Inc |
22.33%
6,212
|
$1,630,464,000 | 0.04% |
| Tesla Inc |
120.68%
8,079
|
$1,598,673,000 | 0.04% |
| Chemed Corp. |
No change
2,308
|
$1,252,275,000 | 0.03% |
| Berkshire Hathaway Inc. |
No change
2
|
$1,224,482,000 | 0.03% |
| Abbvie Inc |
28.49%
7,103
|
$1,218,307,000 | 0.03% |
| Netflix Inc. |
Opened
1,590
|
$1,073,059,000 | 0.02% |
| Valero Energy Corp. |
104.65%
6,731
|
$1,055,151,000 | 0.02% |
| Berkshire Hathaway Inc. |
72.90%
2,509
|
$1,020,661,000 | 0.02% |
| Thermo Fisher Scientific Inc. |
2.77%
1,780
|
$984,340,000 | 0.02% |
| Colgate-Palmolive Co. |
10.87%
9,256
|
$898,202,000 | 0.02% |
| Eli Lilly & Co |
2.93%
983
|
$889,989,000 | 0.02% |
| Lululemon Athletic |
2.49%
2,967
|
$886,243,000 | 0.02% |
| Mckesson Corporation |
3.23%
1,500
|
$876,060,000 | 0.02% |
| Republic Services, Inc. |
No change
4,136
|
$803,790,000 | 0.02% |
| Prosperity Bancshares Inc. |
65.21%
12,458
|
$761,682,000 | 0.02% |
| Enterprise Products Partners L |
Closed
26,042
|
$759,906,000 | |
| Qualcomm, Inc. |
36.14%
3,594
|
$715,853,000 | 0.02% |
| CVS Health Corp |
5.10%
12,087
|
$713,858,000 | 0.02% |
| Intl Business Mchn |
Closed
3,659
|
$698,723,000 | |
| Southern Missouri Bancorp, Inc. |
No change
15,387
|
$692,569,000 | 0.02% |
| Caterpillar Inc. |
42.29%
1,950
|
$649,545,000 | 0.01% |
| Procter & Gamble Co/the |
0.70%
3,876
|
$639,147,000 | 0.01% |
| Marriott International Inc/md |
No change
2,643
|
$638,998,000 | 0.01% |
| Trane Technologies plc |
0.51%
1,933
|
$635,822,000 | 0.01% |
| Intel Corp. |
249.20%
20,334
|
$629,744,000 | 0.01% |
| RTX Corp |
2.81%
5,772
|
$579,451,000 | 0.01% |
| Lennox International Inc |
Closed
1,183
|
$578,203,000 | |
| Texas Pacific Land Corporation |
93.02%
738
|
$541,891,000 | 0.01% |
| Independence Realty Trust, Inc. |
Closed
33,183
|
$535,242,000 | |
| Core Scientific Inc |
Opened
53,636
|
$498,815,000 | 0.01% |
| Costco Wholesale Corp |
23.30%
553
|
$470,044,000 | 0.01% |
| First Horizon Corporation |
Closed
30,391
|
$468,021,000 | |
| PayPal Holdings Inc |
2.60%
8,001
|
$464,298,000 | 0.01% |
| Verizon Commun |
27.17%
10,727
|
$442,381,000 | 0.01% |
| Extra Space Storage Inc. |
Closed
2,953
|
$434,091,000 | |
| Cbiz Inc |
Opened
5,846
|
$433,189,000 | 0.01% |
| Dr Horton Inc |
No change
3,038
|
$428,145,000 | 0.01% |
| Texas Instruments Inc. |
13.36%
2,159
|
$419,990,000 | 0.01% |
| Phillips Edison & Co Inc |
Closed
11,500
|
$412,505,000 | |
| Ishares Gold Trust |
17.73%
9,080
|
$398,884,000 | 0.01% |
| Ferguson Plc |
0.48%
2,054
|
$397,757,000 | 0.01% |
| Columbia Management Investment Advisers Llc |
No change
12,720
|
$393,938,000 | 0.01% |
| Heartland Financial USA, Inc. |
Closed
10,685
|
$375,578,000 | |
| Utd Parcel Serv |
76.78%
2,733
|
$374,011,000 | 0.01% |
| Nucor Corp. |
Closed
1,815
|
$359,189,000 | |
| Gen Dynamics Corp |
2.28%
1,212
|
$351,650,000 | 0.01% |
| Target Corp |
6.74%
2,329
|
$344,785,000 | 0.01% |
| Veeva Systems Inc |
8.62%
1,856
|
$339,667,000 | 0.01% |
| Deere & Co. |
15.46%
908
|
$339,256,000 | 0.01% |
| Walt Disney Co/the |
29.94%
3,393
|
$336,891,000 | 0.01% |
| Cummins Inc. |
0.80%
1,119
|
$309,885,000 | 0.01% |
| Illinois Tool Wks |
16.64%
1,283
|
$304,020,000 | 0.01% |
| Energy Transfer Lp |
Closed
19,324
|
$303,967,000 | |
| Diamondback Energy Inc |
Closed
9,282
|
$583,934,000 | |
| Cooper Cos Inc/the |
2.06%
3,416
|
$298,217,000 | 0.01% |
| Ssga Funds Management |
0.05%
9,958
|
$295,753,000 | 0.01% |
| Fedex Corp |
14.96%
972
|
$291,445,000 | 0.01% |
| Phillips 66 |
43.38%
2,030
|
$286,575,000 | 0.01% |
| Vistra Corp |
Closed
4,010
|
$279,297,000 | |
| Northrop Grumman Corp. |
2.66%
621
|
$270,725,000 | 0.01% |
| General Mills, Inc. |
Opened
4,208
|
$266,198,000 | 0.01% |
| Automatic Data Processing Inc. |
14.73%
1,075
|
$256,592,000 | 0.01% |
| BP plc |
Closed
6,716
|
$253,059,000 | |
| AT&T, Inc. |
Closed
14,368
|
$252,877,000 | |
| Southern Co/the |
25.47%
3,158
|
$244,966,000 | 0.01% |
| Kinder Morgan Inc |
Opened
12,318
|
$244,759,000 | 0.01% |
| Invesco Etfs/usa |
Closed
3,667
|
$241,545,000 | |
| Quaker Chemical Corp |
No change
1,423
|
$241,483,000 | 0.01% |
| General Electric Co |
19.84%
1,491
|
$237,024,000 | 0.01% |
| Aflac Inc. |
19.82%
2,650
|
$236,672,000 | 0.01% |
| Bristol-myrs Squib |
Closed
4,340
|
$235,358,000 | |
| Oneok Inc. |
Closed
2,919
|
$234,016,000 | |
| TE Connectivity Ltd |
0.64%
1,555
|
$233,918,000 | 0.01% |
| Oracle Corp. |
49.86%
1,570
|
$221,684,000 | 0.01% |
| Hewlett Packard Enterprise Co |
Opened
10,431
|
$220,824,000 | 0.01% |
| Norfolk Southern Corp. |
No change
1,000
|
$214,690,000 | 0.00% |
| L3Harris Technologies Inc |
3.54%
955
|
$214,474,000 | 0.00% |
| Ishares |
Closed
1,013
|
$213,034,000 | |
| RenaissanceRe Holdings Ltd |
0.54%
922
|
$206,076,000 | 0.00% |
| Tenable Holdings Inc |
Closed
4,140
|
$204,640,000 | |
| Gentex Corp. |
Closed
5,629
|
$203,319,000 | |
| Accenture plc |
Closed
585
|
$202,767,000 | |
| Carrier Global Corporation |
Opened
3,200
|
$201,856,000 | 0.00% |
| Duke Energy Corp. |
6.77%
1,996
|
$200,059,000 | 0.00% |
| Comstock Resources, Inc. |
Closed
16,133
|
$149,714,000 | |
| Nuveen Closed-end Funds/usa |
No change
13,481
|
$116,611,000 | 0.00% |
| Profrac Holding Corp |
98.81%
12,000
|
$88,920,000 | 0.00% |
| Lumen Technologies, Inc. |
No change
51,501
|
$56,651,000 | 0.00% |
| Dragonfly Energy Holdings Corp |
Opened
41,261
|
$34,903,000 | 0.00% |
| Cutera Inc |
Opened
10,916
|
$16,483,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 174 holdings | |||
Hedge funds similar to First Bankshares Inc
- Capital Investment Advisors
- Twin Tree Management, L.P.
- Southpoint Capital Advisors L.P.
- Vista Equity Partners Management
- Winder Investment Pte Ltd
- Jefferies
- Nuance Investments
- Lindsell Train Ltd
- Sumitomo Life Insurance Co
- Dragoneer Investment
- Simplicity Wealth
- Catalyst Capital Advisors
- Steadfast Capital Management L.P.
- General Atlantic, L.P.