13F HOLDINGS REPORT
First Dallas Securities Inc.
Quarter ended Q2 2025 · Filed August 7, 2025 · Accession 0001337263-25-000006
Total Value
$253.0M
Positions
123
Other Managers
0
Confidential Omitted
No
Holdings (123)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Nvidia Corporation | NVDA | 208,907 | $33.0M | 13.05% |
| 2 | Texas Pacific Land Corporation | TPL | 23,234 | $24.5M | 9.70% |
| 3 | Apple Inc | AAPL | 69,710 | $14.3M | 5.65% |
| 4 | Amazon.Com Inc | AMZN | 39,772 | $8.7M | 3.45% |
| 5 | Microsoft Corp | MSFT | 16,729 | $8.3M | 3.29% |
| 6 | Uber Technologies Inc | UBER | 78,527 | $7.3M | 2.90% |
| 7 | Meta Platforms Inc Cl A | META | 9,537 | $7.0M | 2.78% |
| 8 | Oneok Inc | OKE | 71,253 | $5.8M | 2.30% |
| 9 | Boeing Co | BA-PA | 27,747 | $5.8M | 2.30% |
| 10 | Exxon Mobile Corp | XOM | 48,835 | $5.3M | 2.08% |
| 11 | Freeport-Mcmoran Inc Cl B | FCX | 110,756 | $4.8M | 1.90% |
| 12 | Draftkings Inc Cl A | DKNG | 99,911 | $4.3M | 1.69% |
| 13 | Jpmorgan Chase & Co | VYLD | 14,076 | $4.1M | 1.61% |
| 14 | Caterpillar Inc | CAT | 9,939 | $3.9M | 1.53% |
| 15 | Intl Business Machines | INTR | 12,828 | $3.8M | 1.49% |
| 16 | Vistra Corp | VST | 19,208 | $3.7M | 1.47% |
| 17 | Eli Lilly & Co | LLY | 4,443 | $3.5M | 1.37% |
| 18 | Wynn Resorts Ltd | WYNN | 36,817 | $3.4M | 1.36% |
| 19 | Home Depot Inc | HD | 9,387 | $3.4M | 1.36% |
| 20 | Sharkninja Inc | SN | 34,090 | $3.4M | 1.33% |
| 21 | Kirby Corp | KEX | 29,135 | $3.3M | 1.31% |
| 22 | Eagle Materials Inc | 26969P108 | 15,781 | $3.2M | 1.26% |
| 23 | Abbvie Inc | ABBV | 16,693 | $3.1M | 1.22% |
| 24 | Ethan Allen Interiors Inc | ETD | 108,790 | $3.0M | 1.20% |
| 25 | Expand Energy Corporation | EXE | 25,663 | $3.0M | 1.19% |
| 26 | Wal-Mart Inc | WMT | 29,101 | $2.8M | 1.12% |
| 27 | Costco Wholesale Corp | 22160K105 | 2,703 | $2.7M | 1.06% |
| 28 | Taiwan Semiconductor Mfg Ltd S | 874039100 | 11,695 | $2.6M | 1.05% |
| 29 | At&T Inc | T-PC | 85,338 | $2.5M | 0.98% |
| 30 | Citigroup Inc New | C-PR | 28,363 | $2.4M | 0.95% |
| 31 | Cleveland-Cliffs Inc | CLF | 312,040 | $2.4M | 0.94% |
| 32 | Bank Of America Corp | 060505104 | 40,962 | $1.9M | 0.77% |
| 33 | Xcel Energy Inc Com | XELLL | 25,128 | $1.7M | 0.68% |
| 34 | Capital Southwest Corp | CSWC | 77,102 | $1.7M | 0.67% |
| 35 | Micron Technology Inc | MU | 13,705 | $1.7M | 0.67% |
| 36 | Millrose Properties Inc Cl A | 601137102 | 56,980 | $1.6M | 0.64% |
| 37 | Johnson & Johnson | JNJ | 10,573 | $1.6M | 0.64% |
| 38 | American Express Co | AXP | 4,873 | $1.6M | 0.61% |
| 39 | Wells Fargo Co | 949746101 | 18,680 | $1.5M | 0.59% |
| 40 | Amgen Inc | AMGN | 5,115 | $1.4M | 0.56% |
| 41 | Mastec Inc | MTZ | 8,350 | $1.4M | 0.56% |
| 42 | Alphabet Inc Cap Stock Cl A | GOOG | 8,014 | $1.4M | 0.56% |
| 43 | United Parcel Service Inc Cl B | UPS | 13,720 | $1.4M | 0.55% |
| 44 | Charles Schwab Corp | SCHW-PJ | 15,109 | $1.4M | 0.54% |
| 45 | Commercial Metals Co | CMC | 26,792 | $1.3M | 0.52% |
| 46 | Whirlpool Corp | WHR-PA | 12,527 | $1.3M | 0.50% |
| 47 | Ryman Hospitality Properties I | 78377T107 | 12,775 | $1.3M | 0.50% |
| 48 | Palantir Technologies Inc Cl A | PLTR | 9,119 | $1.2M | 0.49% |
| 49 | Verizon Communications Inc | VZ | 27,624 | $1.2M | 0.47% |
| 50 | American Electric Power Co Inc | 025537101 | 11,121 | $1.2M | 0.46% |
| 51 | Duke Energy Corp New | DUKB | 9,018 | $1.1M | 0.42% |
| 52 | Carpenter Technology Corp | CRS | 3,775 | $1.0M | 0.41% |
| 53 | 3M Co | MMM | 6,846 | $1.0M | 0.41% |
| 54 | Devon Energy Corp | 25179M103 | 31,769 | $1.0M | 0.40% |
| 55 | Hewlett Packard Enterprise Co | HPE-PC | 48,826 | $998,495 | 0.39% |
| 56 | Blackstone Inc | BX | 6,410 | $958,808 | 0.38% |
| 57 | Merck & Co Inc | MRK | 11,927 | $944,149 | 0.37% |
| 58 | Banc Of California Inc | BANC-PF | 66,725 | $937,486 | 0.37% |
| 59 | Goldman Sachs Group Inc | GSCE | 1,250 | $884,687 | 0.35% |
| 60 | Healthcare Realty Trust Cl A | 42226K105 | 55,500 | $880,230 | 0.35% |
| 61 | Coca-Cola Co | KO | 11,725 | $829,568 | 0.33% |
| 62 | Permian Resources Corp Class A | PR | 54,865 | $747,268 | 0.30% |
| 63 | Atmos Energy Corp | ATO | 4,803 | $740,202 | 0.29% |
| 64 | Berkshire Hathaway Inc Cl A | BRK-A | 1 | $728,800 | 0.29% |
| 65 | On Holding Ag Namen Akt A | H5919C104 | 13,940 | $725,577 | 0.29% |
| 66 | Morgan Stanley | MS-PQ | 5,062 | $713,033 | 0.28% |
| 67 | Tesla Inc | TSLA | 2,240 | $711,558 | 0.28% |
| 68 | Berkshire Hathaway Inc Cl B Ne | BRK-A | 1,452 | $705,338 | 0.28% |
| 69 | Cyberark Software Ltd | M2682V108 | 1,600 | $651,008 | 0.26% |
| 70 | Southern Co | SOMN | 7,020 | $644,647 | 0.25% |
| 71 | Netflix Inc | NFLX | 460 | $616,000 | 0.24% |
| 72 | Spotify Technology Sa | SPOT | 768 | $589,317 | 0.23% |
| 73 | Terawulf Inc | WULF | 132,500 | $580,350 | 0.23% |
| 74 | Matador Resources Co | MTDR | 11,945 | $570,011 | 0.23% |
| 75 | Vail Resorts Inc | MTN | 3,550 | $557,811 | 0.22% |
| 76 | Honeywell Intl Inc | 438516106 | 2,350 | $547,268 | 0.22% |
| 77 | Rh | RH | 2,825 | $533,953 | 0.21% |
| 78 | Palo Alto Networks Inc | PANW | 2,560 | $523,878 | 0.21% |
| 79 | Vertiv Holdings Co Cl A | VRT | 3,993 | $512,768 | 0.20% |
| 80 | Ameren Corp | AEE | 5,226 | $501,895 | 0.20% |
| 81 | Simon Property Group Inc | 828806109 | 3,100 | $498,356 | 0.20% |
| 82 | Mcdonalds Corp | MCD | 1,675 | $489,385 | 0.19% |
| 83 | Intuitive Surgical Inc New | ISRG | 900 | $489,069 | 0.19% |
| 84 | Oracle Corp | ORCL-PD | 2,200 | $480,986 | 0.19% |
| 85 | Dell Technologies Inc Cl C | DELL | 3,795 | $465,267 | 0.18% |
| 86 | Fedex Corp | FDX | 2,012 | $457,436 | 0.18% |
| 87 | Portillos Inc Cl A | 73642K106 | 37,250 | $434,707 | 0.17% |
| 88 | Broadcom Inc | AVGO | 1,570 | $432,770 | 0.17% |
| 89 | Deere & Co | DE | 841 | $427,400 | 0.17% |
| 90 | Cullen Frost Bankers Inc | CFR-PB | 3,278 | $421,354 | 0.17% |
| 91 | Truist Financial Corp | 89832Q109 | 9,675 | $415,919 | 0.16% |
| 92 | Powell Industries Inc | 739128106 | 1,950 | $410,377 | 0.16% |
| 93 | Geo Group Inc | GEO | 16,735 | $400,803 | 0.16% |
| 94 | Rtx Corporation | RTX | 2,428 | $354,491 | 0.14% |
| 95 | Airbnb Inc Cl A | ABNB | 2,655 | $351,363 | 0.14% |
| 96 | Norwegian Cruise Line Holding | NCLH | 17,100 | $346,788 | 0.14% |
| 97 | Texas Instruments Inc | 882508104 | 1,610 | $334,359 | 0.13% |
| 98 | Life360 Inc | LIFX | 5,050 | $329,512 | 0.13% |
| 99 | Southwest Airlines Co | 844741108 | 10,125 | $328,449 | 0.13% |
| 100 | Shift4 Pmts Inc Cl A | 82452J109 | 3,225 | $319,630 | 0.13% |
| 101 | Nebius Group Nv Class A | NBIS | 5,700 | $315,381 | 0.12% |
| 102 | Pepsico Inc | PEP | 2,336 | $308,450 | 0.12% |
| 103 | Conocophillips | COP | 3,168 | $284,327 | 0.11% |
| 104 | Alphabet Inc Cap Stock Cl C | GOOG | 1,595 | $282,937 | 0.11% |
| 105 | Eaton Corp Plc | ETN | 780 | $278,452 | 0.11% |
| 106 | Chevron Corp | CVX | 1,924 | $275,498 | 0.11% |
| 107 | Procter And Gamble Co | 742718109 | 1,715 | $273,234 | 0.11% |
| 108 | Lockheed Martin Corp | LMT | 575 | $266,305 | 0.11% |
| 109 | GE VERNOVA ORD | GEV | 471 | $249,230 | 0.10% |
| 110 | Eqt Corp | EQT | 4,040 | $235,613 | 0.09% |
| 111 | Ge Aerospace | 369604301 | 887 | $228,305 | 0.09% |
| 112 | United Rentals Inc | URI | 300 | $226,020 | 0.09% |
| 113 | Triumph Financial Inc | TFIN-P | 4,075 | $224,573 | 0.09% |
| 114 | Generac Holdings Inc | GNRC | 1,550 | $221,975 | 0.09% |
| 115 | Genius Sports Ltd Npv | GENI | 21,000 | $218,400 | 0.09% |
| 116 | Visa Inc Cl A | V | 600 | $213,030 | 0.08% |
| 117 | Diamondback Energy Inc | FANG | 1,550 | $212,970 | 0.08% |
| 118 | United Airlines Holdings Inc | UNTCW | 2,600 | $207,038 | 0.08% |
| 119 | Take-Two Interactive Software | TTWO | 825 | $200,351 | 0.08% |
| 120 | Powerfleet Inc | AIOT | 38,500 | $165,935 | 0.07% |
| 121 | Global Med Reit Inc New | 37954A204 | 16,000 | $110,880 | 0.04% |
| 122 | Stitch Fix Inc Cl A | SFIX | 10,000 | $37,000 | 0.01% |
| 123 | Tt Electronics Plc | G91159106 | 17,553 | $24,574 | 0.01% |