First Financial Bankshares, Inc.
US ˙ NasdaqGS ˙ US32020R1095

SecurityFFIN / First Financial Bankshares, Inc.
InstitutionCwm, Llc
Latest Disclosed Ownership65,026 shares
Latest Disclosed Value $ 1,915,016
Cwm, Llc reports 30.06% decrease in ownership of FFIN / First Financial Bankshares, Inc.

On May 14, 2026 - Cwm, Llc filed a 13F-HR form disclosing ownership of 65,026 shares of First Financial Bankshares, Inc. (US:FFIN) valued at $1,915,016 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 26, 2026 disclosing 92,968 shares of First Financial Bankshares, Inc.. This represents a change in shares of -30.06% during the quarter. The current value of the position is $2,061,974 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F FIRST FINL BANKSHARES COM 32020R109 65,026 -27,942 -30.06 1,915 95,650.00 0.0050
2026-01-26 2025-12-31 13F FIRST FINL BANKSHARES COM 32020R109 92,968 -17,124 -15.55 3 -33.33 0.0075
2025-10-15 2025-09-30 13F FIRST FINL BANKSHARES COM 32020R109 110,092 -26,282 -19.27 4 -25.00 0.0111
2025-07-25 2025-06-30 13F FIRST FINL BANKSHARES COM 32020R109 136,374 89,970 193.88 5 300.00 0.0173
2025-05-01 2025-03-31 13F FIRST FINL BANKSHARES COM 32020R109 46,404 166 0.36 2 0.00 0.0066
2025-02-04 2024-12-31 13F FIRST FINL BANKSHARES COM 32020R109 46,238 663 1.45 2 0.00 0.0069
2024-10-08 2024-09-30 13F FIRST FINL BANKSHARES COM 32020R109 45,575 40,194 746.96 2 0.0073
2024-07-10 2024-06-30 13F FIRST FINL BANKSHARES COM 32020R109 5,381 -1,413 -20.80 0 0.0007
2024-04-05 2024-03-31 13F FIRST FINL BANKSHARES COM 32020R109 6,794 -20,045 -74.69 0 0.0011
2024-02-01 2023-12-31 13F FIRST FINL BANKSHARES COM 32020R109 26,839 15,943 146.32 1 0.0044
2023-10-11 2023-09-30 13F FIRST FINL BANKSHARES COM 32020R109 10,896 -18,285 -62.66 0 0.0017
2023-08-03 2023-06-30 13F FIRST FINL BANKSHARES COM 32020R109 29,181 693 2.43 1 0.0051
2023-05-01 2023-03-31 13F FIRST FINL BANKSHARES COM 32020R109 28,488 385 1.37 1 0.0061
2023-02-01 2022-12-31 13F FIRST FINL BANKSHARES COM 32020R109 28,103 -1,619 -5.45 1 -100.00 0.0071
2022-10-27 2022-09-30 13F FIRST FINL BANKSHARES COM 32020R109 29,722 -1,429 -4.59 1,243 1.64 0.0099
2022-07-28 2022-06-30 13F FIRST FINL BANKSHARES COM 32020R109 31,151 -412 -1.31 1,223 -12.20 0.0095
2022-04-21 2022-03-31 13F FIRST FINL BANKSHARES COM 32020R109 31,563 315 1.01 1,393 -12.33 0.0099
2022-01-31 2021-12-31 13F FIRST FINL BANKSHARES COM 32020R109 31,248 -58 -0.19 1,589 3.32 0.0112
2021-09-15 2021-06-30 13F/A-1 FIRST FINL BANKSHARES COM 32020R109 31,306 0 0.00 1,538 0.00 0.0123
2021-07-29 2021-06-30 13F FIRST FINL BANKSHARES COM 32020R109 31,306 0 1,538 0.0123
2021-09-15 2021-03-31 13F/A-1 FIRST FINL BANKSHARES COM 32020R109 31,306 0 0.00 1,538 0.00 0.0123
2021-04-27 2021-03-31 13F FIRST FINL BANKSHARES COM 32020R109 28,449 -2,857 1,329 0.0117
2021-09-15 2020-12-31 13F/A-1 FIRST FINL BANKSHARES COM 32020R109 31,306 0 0.00 1,538 0.00 0.0123
2021-01-27 2020-12-31 13F FIRST FINL BANKSHARES COM 32020R109 28,779 -2,527 1,041 0.0098
2021-09-15 2020-09-30 13F/A-1 FIRST FINL BANKSHARES COM 32020R109 31,306 0 0.00 1,538 0.00 0.0123
2020-10-19 2020-09-30 13F FIRST FINL BANKSHARES COM 32020R109 28,779 -2,527 803 0.0089
2021-09-15 2020-06-30 13F/A-1 FIRST FINL BANKSHARES COM 32020R109 31,306 0 0.00 1,538 0.00 0.0123
2020-07-22 2020-06-30 13F FIRST FINL BANKSHARES COM 32020R109 26,056 -5,250 753 0.0089
2021-09-15 2020-03-31 13F/A-1 FIRST FINL BANKSHARES COM 32020R109 31,306 0 0.00 1,538 0.00 0.0123
2020-04-28 2020-03-31 13F FIRST FINL BANKSHARES COM 32020R109 26,056 -5,250 699 0.0104
2021-09-14 2019-12-31 13F/A-1 FIRST FINL BANKSHARES COM 32020R109 31,306 0 0.00 1,538 0.00 0.0123
2020-01-27 2019-12-31 13F FIRST FINL BANKSHARES COM 32020R109 32,176 870 1,129 0.0144
2021-09-14 2019-09-30 13F/A-1 FIRST FINL BANKSHARES COM 32020R109 31,306 0 0.00 1,538 0.00 0.0123
2019-10-22 2019-09-30 13F FIRST FINL BANKSHARES COM 32020R109 32,176 870 1,072 0.0156
2021-09-14 2019-06-30 13F/A-1 FIRST FINL BANKSHARES COM 32020R109 31,306 0 0.00 1,538 0.00 0.0123
2019-07-31 2019-06-30 13F FIRST FINL BANKSHARES COM 32020R109 33,636 2,330 1,036 0.0171
2021-09-02 2019-03-31 13F/A-1 FIRST FINL BANKSHARES COM 32020R109 31,306 31,306 1,538 0.0123
2019-04-22 2019-03-31 13F FIRST FINL BANKSHARES COM 32020R109 14,919 862
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.