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

RNC CAPITAL MANAGEMENT LLC's changes in reported equity positions, Q4 2025
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).