MCDANIEL TERRY & CO

Fundamental diversified ★Signal CIK 1104366
League rank
#657
in Fundamental diversified · #5086 overall
Long book
$1.18B
Q1 2026
Positions
81
Top-10 weight
54%
concentration
Last quarter
+10.1%
SPY +14.8%
Turnover
6%
of book per quarter

Strategy in plain words

auto-generated from filings

MCDANIEL TERRY & CO is a diversified fundamental manager, running a $1.18B US long book across 81 positions.

The portfolio is concentrated: the top 10 names carry 54% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: MICROSOFT CORP, TAIWAN SEMICONDUCTOR-SP ADR, APPLE INC, NORDSON CORP, AMPHENOL CORP-CL A.

Over the last 9 quarters its long book ran on average 2pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.3%
Q2 2024
+4.7%
Q3 2024
-1.2%
Q4 2024
-3.1%
Q1 2025
+8.2%
Q2 2025
+3.5%
Q3 2025
+2.1%
Q4 2025
-3.6%
Q1 2026
+10.1%

Sector allocation

Industrials
33%
Technology
31%
Healthcare
12%
Other
11%
Consumer staples
4%
Consumer discretionary
3%
Materials
2%
Energy
2%

Long book by quarter

$1.12B
Q1 2024
$1.15B
Q2 2024
$1.19B
Q3 2024
$1.22B
Q4 2024
$1.14B
Q1 2025
$1.22B
Q2 2025
$1.24B
Q3 2025
$1.15B
Q4 2025
$1.18B
Q1 2026

What does MCDANIEL TERRY own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology295.8K$109.5M9.3%+8.0%
AAPL APPLE INCTechnology350.0K$88.8M7.5%+25.7%
NDSN NORDSON CORPIndustrials234.3K$62.3M5.3%+9.0%
APH AMPHENOL CORP-CL ATechnology402.9K$50.9M4.3%+4.0%
ITW ILLINOIS TOOL WORKSIndustrials185.0K$48.2M4.1%+6.9%
DCI DONALDSON CO INCIndustrials553.4K$47.0M4.0%+10.0%
JNJ JOHNSON & JOHNSONHealthcare186.0K$45.5M3.9%+7.5%
DOV DOVER CORPIndustrials215.2K$44.9M3.8%+3.5%
PCAR PACCAR INCIndustrials384.9K$44.5M3.8%+2.6%
ECL ECOLAB INCOther164.3K$43.7M3.7%+5.8%
ADP AUTOMATIC DATA PROCESSINGTechnology192.5K$39.1M3.3%+7.4%
EMR EMERSON ELECTRIC COIndustrials283.1K$37.1M3.2%+5.1%
KO COCA-COLA CO/THEConsumer staples440.3K$33.5M2.8%+7.1%
ISRG INTUITIVE SURGICAL INCHealthcare68.4K$31.5M2.7%+2.1%
PG PROCTER & GAMBLE CO/THEOther217.3K$31.4M2.7%+4.7%
HON HONEYWELL INTERNATIONAL INCIndustrials134.8K$30.5M2.6%+6.8%
CTAS CINTAS CORPOther177.4K$30.0M2.5%+0.2%
AMZN AMAZON.COM INCConsumer discretionary115.9K$24.1M2.1%+2.3%
SYK STRYKER CORPHealthcare66.0K$21.7M1.8%+3.5%
APD AIR PRODUCTS & CHEMICALS INCMaterials65.4K$19.0M1.6%+4.6%
ALC ALCON INCHealthcare244.0K$18.4M1.6%+6.0%
ETN EATON CORP PLCIndustrials51.2K$18.3M1.6%+3.2%
TXN TEXAS INSTRUMENTS INCTechnology92.1K$17.9M1.5%+2.1%
INTU INTUIT INCTechnology40.4K$17.5M1.5%+4.8%
TMO THERMO FISHER SCIENTIFIC INCOther32.7K$16.1M1.4%+5.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials25.1K$12.0M1.0%Held
ZBRA ZEBRA TECHNOLOGIES CORP-CL AIndustrials55.1K$11.5M1.0%+5.9%
XOM EXXON MOBIL CORPEnergy58.9K$10.0M0.8%Held
ACN ACCENTURE PLC-CL AServices media49.9K$9.9M0.8%+10.9%
RSG REPUBLIC SERVICES INCUtilities32.2K$7.1M0.6%New
MKC MCCORMICK & CO-NON VTG SHRSConsumer staples128.5K$6.5M0.6%-43.9%
ADBE ADOBE INCTechnology24.9K$6.1M0.5%-27.1%
LRCX LAM RESEARCH CORPIndustrials13.5K$2.9M0.2%Held
NVDA NVIDIA CORPTechnology15.6K$2.7M0.2%-0.9%
ABBV ABBVIE INCHealthcare12.1K$2.6M0.2%+9.1%
PEP PEPSICO INCConsumer staples15.6K$2.4M0.2%-8.4%
GOOGL ALPHABET INC-CL ATechnology7.7K$2.2M0.2%+3.2%
CVX CHEVRON CORPEnergy10.2K$2.1M0.2%+5.3%
GWW WW GRAINGER INCConsumer discretionary1.8K$2.0M0.2%Held
BDX BECTON DICKINSON AND COHealthcare12.7K$2.0M0.2%+72.7%
BSM BLACK STONE MINERALS LPEnergy120.0K$1.8M0.2%Held
FDX FEDEX CORPIndustrials4.8K$1.7M0.1%-20.6%
STEL STELLAR BANCORP INCFinancials46.4K$1.7M0.1%Held
UPS UNITED PARCEL SERVICE-CL BIndustrials16.3K$1.6M0.1%-0.6%
WM WASTE MANAGEMENT INCUtilities6.3K$1.4M0.1%Held
DMLP DORCHESTER MINERALS LPEnergy52.4K$1.4M0.1%Held
MA MASTERCARD INC - AServices media2.8K$1.4M0.1%-2.0%
ABT ABBOTT LABORATORIESHealthcare13.4K$1.4M0.1%+8.2%
NFLX NETFLIX INCServices media10.0K$962K0.1%Held
GOOG ALPHABET INC-CL CTechnology3.2K$905K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 5, 202681$1.18B canonicalSEC ↗
Q4 202513F-HRFeb 10, 202676$1.15B canonicalSEC ↗
Q3 202513F-HROct 22, 202590$1.24B canonicalSEC ↗
Q2 202513F-HRJul 31, 202591$1.2M canonicalSEC ↗
Q1 202513F-HRApr 24, 202599$1.14B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 3, 2025101$1.22B $K fixed canonicalSEC ↗
Q3 202413F-HROct 23, 202498$1.19B $K fixed canonicalSEC ↗
Q2 202413F-HRAug 5, 202494$1.15B $K fixed canonicalSEC ↗
Q1 202413F-HRApr 29, 2024102$1.12B $K fixed canonicalSEC ↗