RNC CAPITAL MANAGEMENT LLC's Q4 2025 13F: 7 new positions, 2 exits
Form 13F-HR for the quarter ended Dec 31, 2025 · filed Feb 3, 2026 · 173 reported positions · accession 0000051762-26-000001
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | KENVUE INC (KVUE) | 1.4% | 0.0% | −1.3 pts | −1.78M sh | −98% |
| Increased | COTERRA ENERGY INC (CTRA) | 1.4% | 2.2% | +0.8 pts | +573K sh | +45% |
| Increased | PEPSICO INCORPORATED (PEP) | 2.1% | 2.7% | +0.7 pts | +98,125 sh | +31% |
| Reduced | UNITED PARCEL SERVICE - CL B (UPS) | 1.7% | 1.7% | 0.0 pts | −65,083 sh | −15% |
| Reduced | BROADCOM INC (AVGO) | 2.2% | 2.0% | −0.1 pts | −14,610 sh | −10% |
| Reduced | AIR PRODUCTS & CHEMICALS INC (APD) | 2.3% | 1.8% | −0.5 pts | −20,191 sh | −11% |
| Reduced | COMCAST CORP - CL A (CMCSA) | 2.0% | 1.7% | −0.3 pts | −137K sh | −10% |
| New | TEXAS INSTRS INC (TXN) | — | 0.1% | +0.1 pts | +15,857 sh | new |
| Reduced | BRISTOL-MYERS SQUIBB CO (BMY) | 1.4% | 1.5% | +0.1 pts | −46,351 sh | −7% |
| Increased | IDEX CORP (IEX) | 0.0% | 0.2% | +0.1 pts | +13,755 sh | +227% |
| Reduced | UNITEDHEALTH GROUP INC (UNH) | 0.4% | 0.3% | −0.1 pts | −6,528 sh | −26% |
| Increased | FACEBOOK INC-A (META) | 0.3% | 0.4% | +0.1 pts | +3,259 sh | +32% |
| Reduced | SALESFORCE INC (CRM) | 0.2% | 0.1% | −0.1 pts | −8,017 sh | −42% |
| Reduced | ADOBE INC (ADBE) | 0.3% | 0.2% | −0.1 pts | −6,039 sh | −31% |
| New | MONDELEZ INTERNATIONAL INC (MDLZ) | — | 0.1% | +0.1 pts | +29,007 sh | new |
| Reduced | DUPONT DE NEMOURS INC (DD) | 0.3% | 0.1% | −0.2 pts | −36,838 sh | −51% |
| Increased | JPMORGAN CHASE & CO (JPM) | 3.9% | 4.0% | +0.1 pts | +3,975 sh | +1% |
| New | ZOETIS INC (ZTS) | — | 0.1% | +0.1 pts | +10,006 sh | new |
| New | PROGRESSIVE CORP OHIO (PGR) | — | 0.1% | +0.1 pts | +5,197 sh | new |
| Increased | NORTHERN TRUST CORP (NTRS) | 3.5% | 3.6% | +0.1 pts | +8,472 sh | +1% |
| New |
QNITY ELECTRONICS INC COMMON S (Q)
new — newly listed security (e.g. spin-off)
|
— | 0.1% | +0.1 pts | +14,110 sh | new |
| Increased | AMAZON.COM INC (AMZN) | 0.6% | 0.7% | +0.1 pts | +4,937 sh | +8% |
| Increased | ENBRIDGE INC (ENB) | 3.3% | 3.1% | −0.2 pts | +22,637 sh | +2% |
| Reduced | DUKE ENERGY CORP (DUK) | 0.2% | 0.2% | −0.1 pts | −8,904 sh | −22% |
| Reduced | METLIFE INC (MET) | 0.2% | 0.1% | −0.1 pts | −13,117 sh | −29% |
| Reduced | MICROSOFT CORP (MSFT) | 1.7% | 1.5% | −0.2 pts | −2,114 sh | −3% |
| Increased | CVS HEALTH CORPORATION (CVS) | 2.8% | 2.9% | +0.2 pts | +12,790 sh | +2% |
| Exited | AVANTOR INC (AVTR) | 0.0% | — | 0.0 pts | −79,430 sh | −100% |
| Reduced | SLB LIMITED COM STK (SLB) | 0.1% | 0.1% | 0.0 pts | −24,505 sh | −44% |
| Increased | MICROCHIP TECHNOLOGY INC (MCHP) | 1.9% | 1.9% | 0.0 pts | +14,539 sh | +2% |
| Reduced | APPLE INC (AAPL) | 1.5% | 1.5% | 0.0 pts | −3,364 sh | −3% |
| Reduced | CONSTELLATION BRANDS INC-A (STZ) | 0.1% | 0.0% | 0.0 pts | −6,514 sh | −48% |
| Increased | ALTRIA GROUP INC (MO) | 3.2% | 2.8% | −0.4 pts | +15,246 sh | +1% |
| Increased | GILEAD SCIENCES INC (GILD) | 2.3% | 2.5% | +0.3 pts | +6,947 sh | +2% |
| Increased | SEMPRA COM (SRE) | 2.5% | 2.4% | 0.0 pts | +9,563 sh | +2% |
| Reduced | HONEYWELL INTERNATIONAL INC (HON) | 0.2% | 0.1% | −0.1 pts | −4,262 sh | −25% |
| Reduced | CHEVRON CORP (CVX) | 2.8% | 2.7% | −0.1 pts | −5,330 sh | −1% |
| Increased | CISCO SYSTEMS INC (CSCO) | 3.3% | 3.7% | +0.4 pts | +9,931 sh | +1% |
| Increased | EVERGY INC (EVRG) | 2.4% | 2.3% | −0.1 pts | +10,210 sh | +1% |
| Increased | M & T BANK CORP (MTB) | 3.3% | 3.3% | +0.1 pts | +3,618 sh | +1% |
| Increased | EMERSON ELECTRIC COMPANY (EMR) | 2.8% | 2.8% | 0.0 pts | +5,193 sh | +1% |
| Exited | AMERICAN INTL GROUP INC (AIG) | 0.0% | — | 0.0 pts | −8,000 sh | −100% |
| Increased | MEDTRONIC PLC (MDT) | 1.8% | 1.8% | 0.0 pts | +6,359 sh | +2% |
| Reduced | LILLY ELI & COMPANY (LLY) | 0.5% | 0.7% | +0.2 pts | −564 sh | −4% |
| Reduced | NVIDIA CORP (NVDA) | 1.5% | 1.4% | 0.0 pts | −3,167 sh | −2% |
| Reduced | CRANE NXT CO COM (CXT) | 0.1% | 0.0% | 0.0 pts | −12,045 sh | −65% |
| Increased | TARGET CORP (TGT) | 0.0% | 0.0% | 0.0 pts | +5,470 sh | +143% |
| Increased | JOHNSON & JOHNSON (JNJ) | 2.3% | 2.6% | +0.3 pts | +2,540 sh | +1% |
| Increased | CAPITAL ONE FINANCIAL CORP (COF) | 2.8% | 3.2% | +0.4 pts | +2,120 sh | +1% |
| Reduced | EXPEDIA GROUP INC (EXPE) | 0.3% | 0.4% | +0.1 pts | −1,776 sh | −6% |
The 50 largest of 148 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 32.4% of the equity book
Changes in the top 10 this quarter: COF entered · EMR entered · CVX left · T left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | JPMORGAN CHASE & CO (JPM) | 3.9% | 4.0% | |
| 2 | CISCO SYSTEMS INC (CSCO) | 3.3% | 3.7% | |
| 3 | NORTHERN TRUST CORP (NTRS) | 3.5% | 3.6% | |
| 4 | M & T BANK CORP (MTB) | 3.3% | 3.3% | |
| 5 | CAPITAL ONE FINANCIAL CORP (COF) | 2.8% | 3.2% | Entered the top 10 |
| 6 | ENBRIDGE INC (ENB) | 3.3% | 3.1% | |
| 7 | CVS HEALTH CORPORATION (CVS) | 2.8% | 2.9% | |
| 8 | BLACKROCK INC (BLK) | 3.1% | 2.9% | |
| 9 | EMERSON ELECTRIC COMPANY (EMR) | 2.8% | 2.8% | Entered the top 10 |
| 10 | ALTRIA GROUP INC (MO) | 3.2% | 2.8% | |
| — | CHEVRON CORP (CVX) | 2.8% | 2.7% | Left the top 10 |
| — | AT&T INC (T) | 2.8% | 2.5% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).