Linscomb Wealth, Inc.

Houston, TX · CIK 1313294 · 13F filing filed 2024-08-07

SEC-registered investment adviser since 1995 · corporation

Assets managed$5.2bn
Staff46 · 25 in investment roles
Main clients (by assets)High net worth individuals 92%, Individuals 5%, Pension plans 3%
Websitelinscombwealth.com
Form ADV · 2026-02-27SEC adviser record

$1.9bn reported value -0.6% vs Q1 2024

284positions

46.7%in top 10

11 new 126 added 108 reduced 12 sold out vs Q1 2024

Holdings, Q2 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	3,890,392	$192.3m9.95%	9.95%	Added +40.3k	+40,266 1.1%
2	ISHARES TR CORE S&P500 ETF IVV	IVV	336,867	$184.3m9.54%	9.54%	Reduced -6.7k	-6,665 -1.9%
3	ISHARES TR CORE S&P MCP ETF IJH	IJH	1,596,053	$93.4m4.83%	4.83%	Reduced -20.2k	-20,233 -1.2%
4	WISDOMTREE TR US MIDCAP DIVID DON	DON	1,874,996	$87.7m4.54%	4.54%	Reduced -25.5k	-25,483 -1.3%
5	ISHARES TR MSCI EAFE ETF EFA	EFA	1,106,568	$86.7m4.49%	4.49%	Reduced -24.5k	-24,497 -2.2%
6	INVESCO EXCHANGE TRADED FD T RAFI US 1000 ETF PRF	PRF	2,092,508	$79.4m4.11%	4.11%	Reduced -10.0k	-9,973 -0.5%
7	MICROSOFT CORP COM MSFT	MSFT	109,322	$48.9m2.53%	2.53%	Added +723	+723 0.7%
8	EXXON MOBIL CORP COM XOM	XOM	417,943	$48.1m2.49%	2.49%	Reduced -3.7k	-3,674 -0.9%
9	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	164,784	$44.1m2.28%	2.28%	Reduced -1.3k	-1,289 -0.8%
10	SPDR SER TR S&P DIVID ETF SDY	SDY	303,428	$38.6m2.00%	2.00%	Reduced -5.8k	-5,763 -1.9%
11	APPLE INC COM AAPL	AAPL	161,832	$34.1m1.76%	1.76%	Reduced -255	-255 -0.2%
12	WISDOMTREE TR US HIGH DIVIDEND DHS	DHS	361,981	$30.6m1.58%	1.58%	Reduced -5.1k	-5,134 -1.4%
13	BROADCOM INC COM AVGO	AVGO	17,364	$27.9m1.44%	1.44%	Reduced -380	-380 -2.1%
14	JPMORGAN CHASE & CO COM JPM	JPM	110,219	$22.3m1.15%	1.15%	Reduced -332	-332 -0.3%
15	LAM RESEARCH CORP COM COM		17,120	$18.2m0.94%	0.94%	Reduced -1.7k	-1,700 -9.0%
16	WILLIAMS SONOMA INC COM WSM	WSM	62,624	$17.7m0.92%	0.92%	Reduced -3.2k	-3,248 -4.9%
17	QUALCOMM INC COM QCOM	QCOM	86,334	$17.2m0.89%	0.89%	Reduced -3.5k	-3,478 -3.9%
18	AMAZON COM INC COM AMZN	AMZN	86,351	$16.7m0.86%	0.86%	Added +603	+603 0.7%
19	ABBVIE INC COM ABBV	ABBV	81,016	$13.9m0.72%	0.72%	Reduced -200	-200 -0.2%
20	CHEVRON CORP NEW COM CVX	CVX	82,226	$12.9m0.67%	0.67%	Added +76	+76 0.1%
21	PROCTER AND GAMBLE CO COM PG	PG	77,547	$12.8m0.66%	0.66%	Added +731	+731 0.9%
22	WISDOMTREE TR EMER MKT HIGH FD DEM	DEM	293,172	$12.7m0.66%	0.66%	Reduced -403	-403 -0.1%
23	BANK AMERICA CORP COM BAC	BAC	312,486	$12.4m0.64%	0.64%	Reduced -4.1k	-4,118 -1.3%
24	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	70,320	$11.9m0.61%	0.61%	Reduced -3.5k	-3,488 -4.7%
25	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	97,918	$11.6m0.60%	0.60%	Reduced -2.0k	-1,952 -1.9%
26	BLACKROCK INC COM BLK	BLK	14,256	$11.2m0.58%	0.58%	Reduced -139	-139 -1.0%
27	LOCKHEED MARTIN CORP COM LMT	LMT	23,981	$11.2m0.58%	0.58%	Added +194	+194 0.8%
28	RTX CORPORATION COM RTX	RTX	108,974	$10.9m0.57%	0.57%	Reduced -78	-78 -0.1%
29	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	36,028	$10.9m0.57%	0.57%	Reduced -207	-207 -0.6%
30	CUMMINS INC COM CMI	CMI	39,131	$10.8m0.56%	0.56%	Reduced -586	-586 -1.5%
31	ALPHABET INC CAP STK CL C GOOG	GOOG	58,986	$10.8m0.56%	0.56%	Reduced -802	-802 -1.3%
32	ABBOTT LABS COM ABT	ABT	103,262	$10.7m0.56%	0.56%	Added +551	+551 0.5%
33	AMGEN INC COM AMGN	AMGN	34,031	$10.6m0.55%	0.55%	Reduced -729	-729 -2.1%
34	ISHARES TR INTL SEL DIV ETF IDV	IDV	382,460	$10.6m0.55%	0.55%	Reduced -11.3k	-11,273 -2.9%
35	VISA INC COM CL A V	V	39,824	$10.5m0.54%	0.54%	Added +823	+823 2.1%
36	MCDONALDS CORP COM MCD	MCD	40,954	$10.4m0.54%	0.54%	Added +547	+547 1.4%
37	TEXAS INSTRS INC COM TXN	TXN	53,291	$10.4m0.54%	0.54%	Added +250	+250 0.5%
38	ALPHABET INC CAP STK CL A GOOGL	GOOGL	56,604	$10.3m0.53%	0.53%	Added +2.5k	+2,453 4.5%
39	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	19,112	$10.2m0.53%	0.53%	Reduced -673	-673 -3.4%
40	META PLATFORMS INC CL A META	META	20,229	$10.2m0.53%	0.53%	Reduced -656	-656 -3.1%
41	JOHNSON & JOHNSON COM JNJ	JNJ	69,675	$10.2m0.53%	0.53%	Added +720	+720 1.0%
42	AMERICAN TOWER CORP NEW COM AMT	AMT	51,873	$10.1m0.52%	0.52%	Reduced -177	-177 -0.3%
43	WISDOMTREE TR US SMALLCAP FUND EES	EES	209,660	$9.9m0.51%	0.51%	Reduced -11.7k	-11,670 -5.3%
44	PEPSICO INC COM PEP	PEP	58,700	$9.7m0.50%	0.50%	Added +561	+561 1.0%
45	KINDER MORGAN INC DEL COM KMI	KMI	483,863	$9.6m0.50%	0.50%	Reduced -2.1k	-2,051 -0.4%
46	CITIGROUP INC COM NEW C	C	144,216	$9.2m0.47%	0.47%	Reduced -550	-550 -0.4%
47	ISHARES TR SELECT DIVID ETF DVY	DVY	73,425	$8.9m0.46%	0.46%	Reduced -2.4k	-2,420 -3.2%
48	MERCK & CO INC COM MRK	MRK	71,540	$8.9m0.46%	0.46%	Added +307	+307 0.4%
49	METLIFE INC COM MET	MET	125,808	$8.8m0.46%	0.46%	Reduced -1.7k	-1,738 -1.4%
50	J P MORGAN EXCHANGE TRADED F DIV RTN EM EQT JPEM	JPEM	161,611	$8.7m0.45%	0.45%	Reduced -4.0k	-4,001 -2.4%
51	DUKE ENERGY CORP NEW COM NEW DUK	DUK	87,027	$8.7m0.45%	0.45%	Added +880	+880 1.0%
52	NORFOLK SOUTHN CORP COM NSC	NSC	40,482	$8.7m0.45%	0.45%	Added +153	+153 0.4%
53	HONEYWELL INTL INC COM COM		40,169	$8.6m0.44%	0.44%	Added +463	+463 1.2%
54	CISCO SYS INC COM CSCO	CSCO	178,376	$8.5m0.44%	0.44%	Added +1.6k	+1,600 0.9%
55	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	15,473	$8.4m0.44%	0.44%	Reduced -159	-159 -1.0%
56	T ROWE PRICE ETF INC PRICE BLUE CHIP TCHP	TCHP	214,813	$8.3m0.43%	0.43%	Added +9.9k	+9,866 4.8%
57	ISHARES TR RUS 1000 GRW ETF IWF	IWF	22,667	$8.3m0.43%	0.43%	Reduced -229	-229 -1.0%
58	PHILIP MORRIS INTL INC COM PM	PM	81,412	$8.2m0.43%	0.43%	Added +146	+146 0.2%
59	WILLIAMS COS INC COM WMB	WMB	187,961	$8.0m0.41%	0.41%	Added +1.1k	+1,075 0.6%
60	COMCAST CORP NEW CL A CMCSA	CMCSA	201,701	$7.9m0.41%	0.41%	Added +831	+831 0.4%
61	VANGUARD SCOTTSDALE FDS VNG RUS3000IDX VTHR	VTHR	31,897	$7.6m0.40%	0.40%	Reduced -2.0k	-1,972 -5.8%
62	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	169,886	$7.6m0.39%	0.39%	Added +9.3k	+9,316 5.8%
63	UNITED PARCEL SERVICE INC CL B UPS	UPS	55,192	$7.6m0.39%	0.39%	Reduced -946	-946 -1.7%
64	GENERAL MLS INC COM GIS	GIS	116,535	$7.4m0.38%	0.38%	Added +34	+34 0.0%
65	NEXTERA ENERGY INC COM NEE	NEE	104,067	$7.4m0.38%	0.38%	Added +16.3k	+16,346 18.6%
66	MASTERCARD INCORPORATED CL A MA	MA	16,690	$7.4m0.38%	0.38%	Added +450	+450 2.8%
67	VERIZON COMMUNICATIONS INC COM VZ	VZ	178,391	$7.4m0.38%	0.38%	Added +5.3k	+5,272 3.0%
68	DOW INC COM DOW	DOW	132,946	$7.1m0.36%	0.36%	Added +273	+273 0.2%
69	PFIZER INC COM PFE	PFE	235,507	$6.6m0.34%	0.34%	Added +5.6k	+5,603 2.4%
70	WISDOMTREE TR US S CAP QTY DIV DGRS	DGRS	139,803	$6.6m0.34%	0.34%	Reduced -5.4k	-5,372 -3.7%
71	PALO ALTO NETWORKS INC COM PANW	PANW	18,586	$6.3m0.33%	0.33%	Added +15	+15 0.1%
72	FIDELITY NATL INFORMATION SV COM FIS	FIS	82,686	$6.2m0.32%	0.32%	Added +346	+346 0.4%
73	ISHARES TR MSCI EMG MKT ETF EEM	EEM	146,127	$6.2m0.32%	0.32%	Reduced -2.6k	-2,563 -1.7%
74	OCCIDENTAL PETE CORP COM OXY	OXY	98,312	$6.2m0.32%	0.32%	Added +29	+29 0.0%
75	ISHARES TR RUS 1000 VAL ETF IWD	IWD	35,206	$6.1m0.32%	0.32%	Reduced -829	-829 -2.3%
76	TRUIST FINL CORP COM TFC	TFC	149,231	$5.8m0.30%	0.30%	Reduced -988	-988 -0.7%
77	ISHARES TR CORE US AGGBD ET AGG	AGG	58,363	$5.7m0.29%	0.29%	Reduced -2.2k	-2,211 -3.6%
78	VANGUARD WHITEHALL FDS INTL HIGH ETF VYMI	VYMI	81,432	$5.6m0.29%	0.29%	Reduced -1.9k	-1,853 -2.2%
79	COSTCO WHSL CORP NEW COM COST	COST	6,500	$5.5m0.29%	0.29%	Reduced -27	-27 -0.4%
80	ISHARES TR MSCI INTL QUALTY IQLT	IQLT	140,283	$5.5m0.28%	0.28%	Added +7.2k	+7,191 5.4%
81	STRYKER CORPORATION COM SYK	SYK	16,028	$5.5m0.28%	0.28%	Reduced -487	-487 -3.0%
82	ORACLE CORP COM ORCL	ORCL	38,551	$5.4m0.28%	0.28%	Reduced -1.3k	-1,324 -3.3%
83	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	88,456	$5.3m0.28%	0.28%	Reduced -1.9k	-1,862 -2.1%
84	CROWN CASTLE INC COM CCI	CCI	54,267	$5.3m0.27%	0.27%	Added +566	+566 1.1%
85	MEDTRONIC PLC SHS MDT	MDT	65,730	$5.2m0.27%	0.27%	Added +110	+110 0.2%
86	VANGUARD SCOTTSDALE FDS VNG RUS1000GRW VONG	VONG	54,988	$5.2m0.27%	0.27%	Reduced -4.1k	-4,057 -6.9%
87	ISHARES TR RUS 1000 ETF IWB	IWB	17,157	$5.1m0.26%	0.26%	Reduced -251	-251 -1.4%
88	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	175,198	$5.1m0.26%	0.26%	Reduced -7.8k	-7,764 -4.2%
89	PLAINS GP HLDGS L P LTD PARTNR INT A PAGP	PAGP	262,241	$4.9m0.26%	0.26%	Added +239.2k	+239,168 1036.6%
90	TJX COS INC NEW COM TJX	TJX	44,181	$4.9m0.25%	0.25%	Added +911	+911 2.1%
91	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	35,838	$4.6m0.24%	0.24%	New
92	AIR PRODS & CHEMS INC COM APD	APD	17,888	$4.6m0.24%	0.24%	Added +613	+613 3.5%
93	BOOKING HOLDINGS INC COM BKNG	BKNG	1,155	$4.6m0.24%	0.24%	Added +6	+6 0.5%
94	CORTEVA INC COM CTVA	CTVA	81,396	$4.4m0.23%	0.23%	Added +1.6k	+1,610 2.0%
95	MORGAN STANLEY COM NEW MS	MS	44,700	$4.3m0.22%	0.22%	Reduced -74	-74 -0.2%
96	SALESFORCE INC COM CRM	CRM	16,058	$4.1m0.21%	0.21%	Added +154	+154 1.0%
97	INVESCO EXCHANGE TRADED FD T WATER RES ETF PHO	PHO	62,332	$4.0m0.21%	0.21%	Added +4	+4 0.0%
98	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	8,438	$4.0m0.21%	0.21%	Reduced -396	-396 -4.5%
99	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	39,785	$4.0m0.21%	0.21%	Added +2.2k	+2,215 5.9%
100	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	51,179	$4.0m0.20%	0.20%	Reduced -333	-333 -0.7%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
LABORATORY CORP AMER HLDGS		12,987	$2.8m13.0k shares
NUSTAR ENERGY LP NS	NS	35,600	$828.4k35.6k shares
EA SERIES TRUST ECML	ECML	23,147	$796.7k23.1k shares
SELECT SECTOR SPDR TR XLB	XLB	2,225	$206.7k2.2k shares
TRAVELERS COMPANIES INC TRV	TRV	896	$206.1k896 shares
CATERPILLAR INC CAT	CAT	556	$203.7k556 shares
GATX CORP GATX	GATX	1,510	$202.4k1.5k shares
ISHARES TR LQD	LQD	1,840	$200.5k1.8k shares
BARINGS CORPORATE INVS MCI	MCI	10,500	$180.5k10.5k shares
PIMCO CORPORATE & INCM STRG PCN	PCN	10,072	$140.7k10.1k shares
NUVEEN MUNICIPAL CREDIT INC NZF	NZF	10,986	$134.5k11.0k shares
GEVO INC GEVO	GEVO	10,000	$7.7k10.0k shares