BancFirst Trust & Investment Management
Long book
$226.3M
Q1 2026
Positions
42
Top-10 weight
90%
concentration
Last quarter
+0.1%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsBancFirst Trust & Investment Management is an institutional manager, running a $226.3M US long book across 42 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: BANCFIRST CORP, EXXON MOBIL CORP, VANGUARD SMALL-CAP VALUE ETF, VANGUARD TOTAL BOND MARKET, VANGUARD S&P 500 ETF.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.2%
Q2 2024
+12.5%
Q3 2024
+5.8%
Q4 2024
-1.1%
Q1 2025
+6.4%
Q2 2025
+4.8%
Q3 2025
-4.4%
Q4 2025
+9.7%
Q1 2026
+0.1%
Sector allocation
Financials 57%
Energy 34%
Utilities 2%
Other 2%
Consumer discretionary 2%
Industrials 1%
Technology 1%
Healthcare 0%
Long book by quarter
What does BancFirst Trust own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BANF BANCFIRST CORP | Financials | 872.0K | $94.1M | 41.6% | +2.3% |
| XOM EXXON MOBIL CORP | Energy | 329.2K | $56.4M | 24.9% | 0.0% |
| LEVI LEVI STRAUSS & CO- CLASS A | Other | 165.1K | $3.0M | 1.3% | Held |
| WMT WALMART INC | Consumer discretionary | 20.5K | $2.5M | 1.1% | -93.7% |
| OGE OGE ENERGY CORP | Utilities | 35.7K | $1.7M | 0.8% | -0.4% |
| OKE ONEOK INC | Utilities | 17.4K | $1.6M | 0.7% | +0.2% |
| KTOS KRATOS DEFENSE & SECURITY | Industrials | 18.0K | $1.2M | 0.5% | Held |
| UNP UNION PACIFIC CORP | Industrials | 2.7K | $639K | 0.3% | Held |
| MSFT MICROSOFT CORP | Technology | 1.6K | $559K | 0.2% | -14.0% |
| CVX CHEVRON CORP | Energy | 2.6K | $540K | 0.2% | -17.6% |
| IDXX IDEXX LABORATORIES INC | Materials | 807 | $450K | 0.2% | New |
| AAPL APPLE INC | Technology | 1.7K | $426K | 0.2% | -14.9% |
| AVGO BROADCOM INC | Technology | 1.3K | $388K | 0.2% | Held |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 9.9K | $388K | 0.2% | Held |
| TSLA TESLA INC | Industrials | 963 | $342K | 0.2% | Held |
| MCD MCDONALD'S CORP | Consumer discretionary | 967 | $298K | 0.1% | Held |
| LLY ELI LILLY & CO | Healthcare | 314 | $278K | 0.1% | -6.5% |
| T AT&T INC | Communications | 9.2K | $265K | 0.1% | -0.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 1.7K | $241K | 0.1% | Held |
| ALL ARISTOCRAT LEISURE LTD | Financials | 6.1K | $206K | 0.1% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 847 | $205K | 0.1% | New |
| SDST STARDUST POWER INC | Industrials | 23.0K | $50K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 1, 2026 | 57 | $226.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 5, 2026 | 53 | $242.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 1, 2025 | 57 | $262.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 1, 2025 | 55 | $215.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 15, 2025 | 52 | $200.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 2, 2025 | 73 | $298.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 1, 2024 | 72 | $298.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 8, 2024 | 65 | $214.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 1, 2024 | 55 | $212.2M | canonical | SEC ↗ |
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