13F HOLDINGS REPORT

Baker Ellis Asset Management LLC

Quarter ended Q3 2023 · Filed August 9, 2023 · Accession 0001941040-23-000203

Total Value

$588.1M

Positions

206

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (206)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908769	259,882	$57.2M	9.73%
2	BERKSHIRE HATHAWAY INC DEL	BRK-A	62,799	$21.4M	3.64%
3	MICROSOFT CORP	MSFT	53,545	$18.2M	3.10%
4	VANGUARD WHITEHALL FDS	921946406	164,523	$17.5M	2.97%
5	VANGUARD WORLD FDS	92204A702	37,223	$16.5M	2.80%
6	SCHWAB STRATEGIC TR	808524797	183,606	$13.3M	2.27%
7	GOLDMAN SACHS ETF TR	NVGLF	127,443	$12.8M	2.17%
8	LOUISIANA PAC CORP	LPX	153,463	$11.5M	1.96%
9	VANGUARD INDEX FDS	922908363	27,598	$11.2M	1.91%
10	JOHN HANCOCK EXCHANGE TRADED	47804J206	222,979	$11.1M	1.88%
11	INVESCO EXCHANGE TRADED FD T	IVZ	64,982	$10.6M	1.81%
12	ISHARES TR	46436E874	412,570	$9.8M	1.67%
13	GOLDMAN SACHS ETF TR	NVGLF	311,694	$9.8M	1.66%
14	FIDELITY MERRIMACK STR TR	316188309	205,759	$9.3M	1.59%
15	ENCORE WIRE CORP	ECR	50,262	$9.3M	1.59%
16	LAM RESEARCH CORP	LRCX	14,225	$9.1M	1.55%
17	APPLE INC	AAPL	46,089	$8.9M	1.52%
18	PIMCO EQUITY SER	72202L363	212,494	$8.4M	1.43%
19	MOLSON COORS BEVERAGE CO	TAP-A	117,698	$7.7M	1.32%
20	COSTCO WHSL CORP NEW	22160K105	14,124	$7.6M	1.29%
21	JPMORGAN CHASE & CO	VYLD	50,521	$7.3M	1.25%
22	PEPSICO INC	PEP	39,512	$7.3M	1.24%
23	DIMENSIONAL ETF TRUST	25434V781	305,629	$7.2M	1.23%
24	STRYKER CORPORATION	SYK	22,854	$7.0M	1.19%
25	ISHARES TR	46432F834	110,801	$6.9M	1.18%
26	WISDOMTREE TR	WT	145,056	$6.7M	1.15%
27	BERKSHIRE HATHAWAY INC DEL	BRK-A	13	$6.7M	1.14%
28	ALPHABET INC	GOOG	53,244	$6.4M	1.10%
29	ON SEMICONDUCTOR CORP	ON	66,832	$6.3M	1.07%
30	WEYERHAEUSER CO MTN BE	WY	178,872	$6.0M	1.02%
31	RAYTHEON TECHNOLOGIES CORP	RTX	60,722	$5.9M	1.01%
32	MID-AMER APT CMNTYS INC	59522J103	38,739	$5.9M	1.00%
33	FISERV INC	FISV	45,662	$5.8M	0.98%
34	SANOFI	SNYNF	100,687	$5.4M	0.92%
35	LABORATORY CORP AMER HLDGS	50540R409	22,171	$5.4M	0.91%
36	CARRIER GLOBAL CORPORATION	CARR	103,499	$5.1M	0.87%
37	SKECHERS U S A INC	830566105	97,644	$5.1M	0.87%
38	ANALOG DEVICES INC	ADI	26,375	$5.1M	0.87%
39	NORTHROP GRUMMAN CORP	NOC	10,721	$4.9M	0.83%
40	FOMENTO ECONOMICO MEXICANO S	344419106	43,836	$4.9M	0.83%
41	FMC CORP	FMC	46,329	$4.8M	0.82%
42	PIONEER NAT RES CO	723787107	23,296	$4.8M	0.82%
43	BP PLC	BPPFF	134,927	$4.8M	0.81%
44	DISCOVER FINL SVCS	254709108	39,623	$4.6M	0.79%
45	HONEYWELL INTL INC	438516106	21,568	$4.5M	0.76%
46	ARCHER DANIELS MIDLAND CO	ADM	58,978	$4.5M	0.76%
47	GRAPHIC PACKAGING HLDG CO	GPK	182,934	$4.4M	0.75%
48	PINNACLE WEST CAP CORP	PNW	52,872	$4.3M	0.73%
49	KROGER CO	KR	83,816	$3.9M	0.67%
50	VANGUARD WORLD FD	921910873	24,655	$3.9M	0.66%
51	INGLES MKTS INC	457030104	45,330	$3.7M	0.64%
52	VANGUARD INTL EQUITY INDEX F	922042742	38,450	$3.7M	0.63%
53	VANGUARD WORLD FDS	92204A504	13,727	$3.4M	0.57%
54	UNION PAC CORP	UNP	16,246	$3.3M	0.57%
55	VERIZON COMMUNICATIONS INC	VZ	80,269	$3.0M	0.51%
56	VANGUARD INDEX FDS	922908652	19,940	$3.0M	0.50%
57	SPDR S&P 500 ETF TR	SPY	6,686	$3.0M	0.50%
58	DISNEY WALT CO	254687106	33,008	$2.9M	0.50%
59	JOHNSON & JOHNSON	JNJ	17,310	$2.9M	0.49%
60	ALPHABET INC	GOOG	23,759	$2.8M	0.48%
61	KIMCO RLTY CORP	49446R109	140,248	$2.8M	0.47%
62	INVESCO EXCHANGE TRADED FD T	IVZ	18,313	$2.7M	0.47%
63	INVESCO QQQ TR	IVZ	6,840	$2.5M	0.43%
64	WORLD GOLD TR	GLDW	63,600	$2.4M	0.41%
65	VMWARE INC	928563402	16,132	$2.3M	0.39%
66	GARRETT MOTION INC	GTX	294,796	$2.2M	0.38%
67	AMAZON COM INC	AMZN	16,290	$2.1M	0.36%
68	GOLDMAN SACHS GROUP INC	GSCE	6,198	$2.0M	0.34%
69	VANGUARD INTL EQUITY INDEX F	922042775	36,401	$2.0M	0.34%
70	TARGET CORP	TGT	14,898	$2.0M	0.33%
71	VANGUARD INDEX FDS	922908512	13,920	$1.9M	0.33%
72	HOME DEPOT INC	HD	5,786	$1.8M	0.31%
73	SPDR GOLD TR	GLD	9,397	$1.7M	0.28%
74	CHEVRON CORP NEW	CVX	10,567	$1.7M	0.28%
75	STELLANTIS N.V	STLA	94,736	$1.7M	0.28%
76	VANECK ETF TRUST	92189F437	59,281	$1.6M	0.28%
77	SMUCKER J M CO	832696405	11,085	$1.6M	0.28%
78	ISHARES TR	464287341	43,650	$1.6M	0.28%
79	URSTADT BIDDLE PPTYS INC	917286205	74,461	$1.6M	0.27%
80	NIKE INC	NKE	13,720	$1.5M	0.26%
81	BOISE CASCADE CO DEL	BCC	16,700	$1.5M	0.26%
82	ISHARES TR	46429B689	22,350	$1.5M	0.26%
83	VANGUARD INDEX FDS	922908611	8,591	$1.4M	0.24%
84	PROLOGIS INC.	PLDGP	11,400	$1.4M	0.24%
85	COMCAST CORP NEW	CCZ	32,574	$1.4M	0.23%
86	NOVARTIS AG	NVSEF	13,019	$1.3M	0.22%
87	VANGUARD WORLD FDS	92204A876	8,900	$1.3M	0.22%
88	WASTE MGMT INC DEL	94106L109	7,260	$1.3M	0.21%
89	VANGUARD WORLD FDS	92204A306	11,035	$1.2M	0.21%
90	MERCK & CO INC	MRK	10,665	$1.2M	0.21%
91	ISHARES TR	464288679	10,690	$1.2M	0.20%
92	ISHARES TR	464287499	16,076	$1.2M	0.20%
93	PREFORMED LINE PRODS CO	740444104	7,420	$1.2M	0.20%
94	VISA INC	V	4,870	$1.2M	0.20%
95	EXPONENT INC	EXPO	11,580	$1.1M	0.18%
96	GXO LOGISTICS INCORPORATED	GXO	17,125	$1.1M	0.18%
97	ABBVIE INC	ABBV	7,849	$1.1M	0.18%
98	J P MORGAN EXCHANGE TRADED F	46641Q837	20,749	$1.0M	0.18%
99	CENOVUS ENERGY INC	CVE	59,100	$1.0M	0.17%
100	ITT INC	ITT	10,550	$983,366	0.17%
101	SHELL PLC	RYDAF	16,200	$978,156	0.17%
102	ISHARES TR	46434V274	35,800	$959,798	0.16%
103	WALMART INC	WMT	6,100	$958,798	0.16%
104	DEERE & CO	DE	2,328	$943,282	0.16%
105	BALL CORP	BALL	15,547	$904,991	0.15%
106	UBS GROUP AG	UBS	41,900	$849,313	0.14%
107	NEXTERA ENERGY INC	NEE-PW	11,155	$827,701	0.14%
108	TOTALENERGIES SE	TTE	14,350	$827,134	0.14%
109	VANECK MERK GOLD TR	OUNZ	44,000	$818,400	0.14%
110	HONDA MOTOR LTD	HNDAF	26,450	$801,700	0.14%
111	HOST HOTELS & RESORTS INC	HST	46,932	$789,866	0.13%
112	PHILLIPS 66	PSX	8,199	$782,021	0.13%
113	MATSON INC	MATX	9,113	$708,353	0.12%
114	URSTADT BIDDLE PPTYS INC	917286106	33,432	$703,410	0.12%
115	AUTOMATIC DATA PROCESSING IN	ADP	3,200	$703,328	0.12%
116	ORACLE CORP	ORCL-PD	5,872	$699,296	0.12%
117	EVERSOURCE ENERGY	ES	9,840	$697,853	0.12%
118	JOHN BEAN TECHNOLOGIES CORP	JBTM	5,715	$693,230	0.12%
119	STARWOOD PPTY TR INC	STHO	33,510	$650,094	0.11%
120	UNITED PARCEL SERVICE INC	UPS	3,576	$640,998	0.11%
121	VANGUARD WORLD FDS	92204A405	7,860	$638,546	0.11%
122	SCHWAB STRATEGIC TR	808524748	18,900	$627,291	0.11%
123	VANGUARD INDEX FDS	922908553	7,413	$619,429	0.11%
124	SONOCO PRODS CO	835495102	10,216	$602,919	0.10%
125	ISHARES TR	464287457	7,406	$600,492	0.10%
126	LISTED FD TR	53656F623	19,642	$600,456	0.10%
127	VANGUARD INDEX FDS	922908744	4,155	$590,426	0.10%
128	ALBEMARLE CORP	ALB-PA	2,645	$590,074	0.10%
129	EQUITY COMWLTH	294628102	28,950	$586,527	0.10%
130	STARBUCKS CORP	SBUX	5,751	$569,694	0.10%
131	RAYONIER INC	RYN	18,025	$565,985	0.10%
132	SEABOARD CORP DEL	SE	148	$526,987	0.09%
133	BRISTOL-MYERS SQUIBB CO	CELG-RI	8,096	$517,739	0.09%
134	VANGUARD INTL EQUITY INDEX F	922042858	12,723	$517,573	0.09%
135	PROCTER AND GAMBLE CO	742718109	3,242	$491,865	0.08%
136	POTLATCHDELTIC CORPORATION	737630103	9,131	$482,584	0.08%
137	UNITEDHEALTH GROUP INC	UNH	994	$477,756	0.08%
138	SPROTT PHYSICAL GOLD TR	SII	31,500	$469,980	0.08%
139	INVESTORS TITLE CO NC	ITIC	3,175	$463,550	0.08%
140	FEDEX CORP	FDX	1,869	$463,325	0.08%
141	NEWS CORP NEW	NWSLL	23,450	$462,434	0.08%
142	CONOCOPHILLIPS	COP	4,400	$455,884	0.08%
143	EXXON MOBIL CORP	XOM	4,180	$448,305	0.08%
144	PFIZER INC	PFE	12,132	$445,002	0.08%
145	ISHARES TR	464287804	4,360	$434,474	0.07%
146	AGNICO EAGLE MINES LTD	AEM	8,149	$407,287	0.07%
147	O-I GLASS INC	OI	18,800	$401,004	0.07%
148	VANGUARD BD INDEX FDS	921937827	5,220	$394,475	0.07%
149	OSHKOSH CORP	OSK	4,453	$385,585	0.07%
150	ISHARES TR	464287473	3,500	$384,440	0.07%
151	PENSKE AUTOMOTIVE GRP INC	70959W103	2,300	$383,249	0.07%
152	VANGUARD INTL EQUITY INDEX F	922042718	3,448	$380,933	0.06%
153	INVESCO CURRENCYSHARES SWISS	46138R108	3,500	$348,093	0.06%
154	AUTONATION INC	AN	2,090	$344,035	0.06%
155	AMERISOURCEBERGEN CORP	COR	1,750	$336,753	0.06%
156	LINDE PLC	LIN	870	$331,540	0.06%
157	EDWARDS LIFESCIENCES CORP	EW	3,500	$330,155	0.06%
158	AGCO CORP	AGCO	2,350	$308,837	0.05%
159	NEXSTAR MEDIA GROUP INC	NXST	1,850	$308,118	0.05%
160	LIMONEIRA CO	LMNR	19,750	$307,310	0.05%
161	MARTEN TRANS LTD	MRTN	14,262	$306,633	0.05%
162	SCHWAB STRATEGIC TR	808524771	5,300	$305,121	0.05%
163	CISCO SYS INC	CSCO	5,850	$302,679	0.05%
164	U HAUL HOLDING COMPANY	UHAL-B	5,860	$296,926	0.05%
165	GENERAL MTRS CO	37045V100	7,700	$296,912	0.05%
166	NORFOLK SOUTHN CORP	655844108	1,300	$294,788	0.05%
167	VALERO ENERGY CORP	VLO	2,480	$290,904	0.05%
168	PINTEREST INC	PINS	10,500	$287,070	0.05%
169	ISHARES TR	464287622	1,150	$280,301	0.05%
170	FIRSTENERGY CORP	FE	7,189	$279,508	0.05%
171	RUSH ENTERPRISES INC	RUSHB	3,950	$268,837	0.05%
172	KLA CORP	KLAC	550	$266,761	0.05%
173	ACCENTURE PLC IRELAND	ACN	840	$259,207	0.04%
174	NEWS CORP NEW	NWSLL	13,200	$257,400	0.04%
175	MARRIOTT INTL INC NEW	571903202	1,400	$257,166	0.04%
176	CLOROX CO DEL	CLX	1,600	$254,464	0.04%
177	CRH PLC	CRH	4,400	$245,212	0.04%
178	TENET HEALTHCARE CORP	THC	3,000	$244,140	0.04%
179	VANGUARD SCOTTSDALE FDS	92206C870	3,070	$242,622	0.04%
180	US BANCORP DEL	USB-PS	7,300	$241,192	0.04%
181	ANDERSONS INC	ANDE	5,200	$239,980	0.04%
182	ISHARES GOLD TR	IAU	6,500	$236,535	0.04%
183	ISHARES TR	464287598	1,487	$234,655	0.04%
184	JEFFERIES FINL GROUP INC	47233W109	7,000	$232,190	0.04%
185	BANK NEW YORK MELLON CORP	064058100	5,190	$231,059	0.04%
186	BLACK STONE MINERALS L P	BSMLP	14,000	$223,300	0.04%
187	OTIS WORLDWIDE CORP	OTIS	2,496	$222,169	0.04%
188	CATERPILLAR INC	CAT	900	$221,445	0.04%
189	DONNELLEY FINL SOLUTIONS INC	25787G100	4,800	$218,544	0.04%
190	ALBERTSONS COS INC	013091103	10,000	$218,200	0.04%
191	BANK AMERICA CORP	060505104	7,505	$215,318	0.04%
192	LOCKHEED MARTIN CORP	LMT	455	$209,473	0.04%
193	SPDR INDEX SHS FDS	78463X889	6,300	$205,002	0.03%
194	COCA COLA CO	KO	3,400	$204,748	0.03%
195	CORNING INC	GLW	5,776	$202,391	0.03%
196	ARMADA HOFFLER PPTYS INC	04208T108	17,110	$199,845	0.03%
197	LUXFER HLDGS PLC	LXFR	12,500	$177,875	0.03%
198	FORD MTR CO DEL	345370860	10,500	$158,865	0.03%
199	SIRIUSPOINT LTD	SPNT	16,000	$144,480	0.02%
200	ARDMORE SHIPPING CORP	ASC	10,000	$123,500	0.02%
201	TRICON RESIDENTIAL INC	89612W102	14,000	$123,340	0.02%
202	ARCOS DORADOS HOLDINGS INC	ARCO	11,000	$112,750	0.02%
203	GLOBAL SELF STORAGE INC	SELF	22,000	$111,100	0.02%
204	NEUBERGER BERMAN ENERGY INFR	64129H104	12,500	$86,000	0.01%
205	TETRA TECHNOLOGIES INC DEL	88162F105	20,000	$67,600	0.01%
206	TMC THE METALS COMPANY INC	TMCWW	13,000	$21,190	0.00%