SPIRIT OF AMERICA MANAGEMENT CORP/NY TXNM — PNM Resources, Inc.

Ownership history in SPIRIT OF AMERICA MANAGEMENT CORP/NY  ·  10 quarters on record

AI Ownership Summary

SPIRIT OF AMERICA MANAGEMENT CORP/NY reported PNM Resources, Inc. (TXNM) in 10 quarterly 13F filings from 2024 Q2 through 2026 Q3. Peak portfolio weight reached 0.07% in 2025 Q4. The latest visible filing shows TXNM at 0.06% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this TXNM ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was SPIRIT OF AMERICA MANAGEMENT CORP/NY's position in PNM Resources, Inc., and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q3

TXNM was reported at 0.06% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.07% in 2025 Q4

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q2 to 2026 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

TXNM stock page SPIRIT OF AMERICA MANAGEMENT CORP/NY fund profile SPIRIT OF AMERICA MANAGEMENT CORP/NY full holdings
How SPIRIT OF AMERICA MANAGEMENT CORP/NY held TXNM — position size vs. price
% of Fund (quarterly)    TXNM price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 10 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q3 UNCHANGED — — — 5,600 — 0% 0.06% $327K 2026-10-14 $58.57
2026 Q2 UNCHANGED — — — 5,600 — 0% 0.06% $318K 2026-07-14 $56.58
2026 Q1 UNCHANGED — — — 5,600 — 0% 0.06% $327K 2026-04-15 $58.18
2025 Q4 UNCHANGED — — — 5,600 — 0% 0.07% $330K 2026-01-15 $57.76
2025 Q3 UNCHANGED — — — 5,600 — 0% 0.06% $317K 2025-10-15 $55.37
2025 Q2 ADDED — — — 5,600 +400 +7.7% 0.07% $315K 2025-07-29 $54.77
2025 Q1 ADDED — — — 5,200 +500 +10.6% 0.06% $278K 2025-04-21 $49.31
2024 Q4 ADDED — — — 4,700 +2,400 +104.3% 0.05% $231K 2025-01-27 $44.70
2024 Q3 ADDED — — — 2,300 +1,800 +360.0% 0.02% $101K 2024-10-23 $41.97
2024 Q2 INITIATED — — — 500 — — 0.00% $18K 2024-07-25 $38.06

🏢 Other funds also holding TXNM

As of 2026 Q3 — sorted by position size

Bank & Trust Co 0.4% VISTA INVESTMENT PARTNERS LLC 0.17% MOODY NATIONAL BANK TRUST DIVISION 3Y 7Y 0.1% Rydar Equities, Inc. 0.05% GAMMA Investing LLC 0.04% MOODY LYNN LIEBERSON & WALKER, LLC 3Y 7Y 0.04% Essential Partners LLC 0.02% Hennion & Walsh Asset Management, Inc. 3Y 0.02% Y-Intercept (Hong Kong) Ltd 3Y 0.01% True Wealth Design, LLC 3Y 0.01%

FAQ About SPIRIT OF AMERICA MANAGEMENT CORP/NY and TXNM

These are the practical questions this page is built to answer before you even open the full history table.

How long has SPIRIT OF AMERICA MANAGEMENT CORP/NY reported owning TXNM?

SPIRIT OF AMERICA MANAGEMENT CORP/NY reported TXNM across 10 quarterly 13F filings, from 2024 Q2 through 2026 Q3.

What was the largest reported TXNM position in SPIRIT OF AMERICA MANAGEMENT CORP/NY's portfolio?

The largest reported portfolio weight for TXNM was 0.07% in 2025 Q4.

What is the latest reported TXNM position on this page?

The most recent filing on this page is 2026 Q3, when SPIRIT OF AMERICA MANAGEMENT CORP/NY reported 5,600 shares, equal to 0.06% of portfolio, with an estimated market value of $327K.

What does the chart on this TXNM ownership page compare?

The chart compares SPIRIT OF AMERICA MANAGEMENT CORP/NY's quarterly TXNM portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did SPIRIT OF AMERICA MANAGEMENT CORP/NY time their TXNM position?

Based on 13F filing dates vs. subsequent TXNM price moves, SPIRIT OF AMERICA MANAGEMENT CORP/NY correctly timed 5 out of 5 reported position changes (100%). The annualised alpha on TXNM relative to SPY over the holding period was +376.4%.

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