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SFMG, LLC

CIK:0001512026
Investment Adviser
$2B AUM
280 holdings
Plano, TX, United States
Founded:1992
38 employees
Latest filing:Jun 30, 2025

SFMG, LLC (SFMG Wealth Advisors) is a Dallas-area boutique financial planning and wealth management firm founded in 1992 by Greg Morgan. It is jointly owned by four principals and provides tailored investment advice and comprehensive personal financial planning to individuals and families across a range of life stages. As of 2025, it employs approximately 37-38 professionals. The firm is known for its client-centric focus, collaborative culture, and disciplined approach to financial planning, serving primarily high net worth individuals and some institutional clients.

Investment Strategy

SFMG Wealth Advisors delivers personalized, high-touch financial planning and investment management, emphasizing integration of comprehensive planning with dynamic portfolio management. The firm constructs portfolios based on clients' financial objectives, risk tolerance, and timelines, striving for responsiveness to market risks rather than a passive buy-and-hold approach. Decisions are made through an Investment Committee that combines institutional and proprietary research and meets monthly to adjust allocations based on current market, economic, and tax conditions. SFMG promotes discipline, transparency, and objectivity, tailoring recommendations to individual client restrictions and needs.

Top Buys
P
PTLCPACER FDS TR
+$114.1M
G
GSLCGOLDMAN SACHS ETF TR
+$10.3M
S
SPHQINVESCO EXCHANGE TRADED FD T
+$8.7M
M
MSFTMICROSOFT CORP
+$7.5M
N
NVONOVO-NORDISK A S
+$7.1M
Top Sells
I
IVVISHARES TR
-$108.6M
C
CBRECBRE GROUP INC
-$5.5M
C
CSCOCISCO SYS INC
-$4.0M
A
AAPLAPPLE INC
-$3.3M
A
ATOATMOS ENERGY CORP
-$2.9M

Top Holdings

A
ATOATMOS ENERGY CORP
+12.1%$160.8M
S
SPHQINVESCO EXCHANGE TRADED FD T
+8.7%$116.2M
P
PTLCPACER FDS TR
+8.6%$114.1M
G
GSLCGOLDMAN SACHS ETF TR
+7.4%$98.5M
Q
QUSSPDR SERIES TRUST
+6.4%$84.7M

Equity Positions (276)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
A
ATO
ATMOS ENERGY CORP12.07%$160.8M1,043,125$59.92$154.11-$2.9M
S
SPHQ
INVESCO EXCHANGE TRADED FD T8.72%$116.2M1,630,713$33.36$71.26+$8.7M
P
PTLC
PACER FDS TR8.56%$114.1M2,247,421$50.76$50.76+$114.1M
G
GSLC
GOLDMAN SACHS ETF TR7.39%$98.5M811,380$66.41$121.38+$10.3M
Q
QUS
SPDR SERIES TRUST6.36%$84.7M519,412$104.83$163.09+$3.7M

Industry Allocation

NATURAL GAS DISTRIBUTION
+12.1%
FIRE, MARINE & CASUALTY INSURANCE
+4.5%
SERVICES-PREPACKAGED SOFTWARE
+3.5%
SEMICONDUCTORS & RELATED DEVICES
+3.4%
ELECTRONIC COMPUTERS
+3.4%