SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: FIRST FINANCIAL BANKSHARES INC
Filing Type: Form 13F Information Table
Reporting Period: The filing text indicates a period or date of 2026 Mar 31.
Context: This document is a regulatory disclosure of equity securities held by the company. It does not contain the company's own financial performance (revenue, profit, or cash flow) but rather details its investment portfolio.
Key Financial Metrics and Portfolio Composition
The filing lists holdings of various issuers. The following metrics are derived from the "Value" column (in dollars) and "Shrs or Sh/Prn Amt" column:
- Total Portfolio Value: The filing lists individual security values but does not provide a consolidated total portfolio value in the text.
- Largest Equity Holdings (by Value):
- Microsoft Corp: $257,207,813
- Alphabet Inc (Class A): $182,555,453
- Apple Inc: $186,304,447
- Amazon.com Inc: $81,990,901
- Johnson & Johnson: $153,844,914
- JPMorgan Chase & Co: $198,052,339
- Largest ETF/Trust Holdings (by Value):
- Vanguard Bd Index Fds Total Bnd Mrkt: $195,535,261
- Ishares Tr Core S&P MCP ETF: $193,490,265
- Vanguard Tax-Managed Fds Van Ftse Dev Mkt: $134,498,024
- Voting Authority: The company reports "Sole" voting authority for the vast majority of holdings, with "Shared" authority noted for specific positions (e.g., Alphabet Inc Class A, Amazon.com Inc).
Material Changes Versus Prior Period
Not Available: The provided text contains only the snapshot of holdings for the current reporting period. It does not include comparative data from the prior quarter or year, nor does it explicitly list additions or deletions. Therefore, material changes cannot be determined from this source text.
Guidance, Outlook, and Risks
Not Applicable: Form 13F filings are historical disclosures of holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency plans regarding the company's own operations. The text includes a standard disclaimer that the SEC has not reviewed the information for accuracy.
Investor Verification Checklist
- Reporting Date Accuracy: Verify if the "2026 Mar 31" date is a future projection or a data entry error, as this date is in the future relative to the current real-time context.
- Portfolio Concentration: Assess the concentration risk in the top 10 holdings, which appear to be heavily weighted toward large-cap technology and financial sectors.
- Voting Rights: Review the "Shared" voting authority entries to understand any joint investment arrangements or fund structures.
- Consolidated Value: Calculate the total portfolio value by summing the "Value" column, as the filing does not provide a total.