13F HOLDINGS REPORT
Baker Ellis Asset Management LLC
Quarter ended Q1 2025 · Filed April 15, 2025 · Accession 0001941040-25-000205
Total Value
$693.0M
Positions
221
Other Managers
0
Confidential Omitted
No
Holdings (221)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908769 | 238,024 | $65.4M | 9.44% |
| 2 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 68,934 | $36.7M | 5.30% |
| 3 | MICROSOFT CORP | MSFT | 56,380 | $21.2M | 3.05% |
| 4 | VANGUARD WHITEHALL FDS | 921946406 | 145,819 | $18.8M | 2.71% |
| 5 | VANGUARD WORLD FD | 92204A702 | 34,646 | $18.8M | 2.71% |
| 6 | VANGUARD INDEX FDS | 922908363 | 29,784 | $15.3M | 2.21% |
| 7 | FIDELITY MERRIMACK STR TR | 316188309 | 332,939 | $15.2M | 2.19% |
| 8 | INVESCO EXCHANGE TRADED FD T | IVZ | 329,682 | $13.3M | 1.92% |
| 9 | JPMORGAN CHASE & CO. | VYLD | 52,112 | $12.8M | 1.84% |
| 10 | GOLDMAN SACHS ETF TR | NVGLF | 357,871 | $12.8M | 1.84% |
| 11 | DIMENSIONAL ETF TRUST | 25434V781 | 421,136 | $12.3M | 1.77% |
| 12 | COSTCO WHSL CORP NEW | 22160K105 | 12,797 | $12.1M | 1.75% |
| 13 | GOLDMAN SACHS ETF TR | NVGLF | 120,463 | $12.1M | 1.74% |
| 14 | JOHN HANCOCK EXCHANGE TRADED | 47804J206 | 208,563 | $12.0M | 1.72% |
| 15 | PIMCO EQUITY SER | 72202L363 | 229,198 | $11.5M | 1.66% |
| 16 | SCHWAB STRATEGIC TR | 808524797 | 397,882 | $11.1M | 1.61% |
| 17 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 13 | $10.4M | 1.50% |
| 18 | ISHARES TR | 46432F834 | 144,857 | $10.1M | 1.46% |
| 19 | ISHARES TR | 46436E718 | 99,318 | $10.0M | 1.44% |
| 20 | APPLE INC | AAPL | 43,765 | $9.7M | 1.40% |
| 21 | FISERV INC | FISV | 41,726 | $9.2M | 1.33% |
| 22 | LAM RESEARCH CORP | LRCX | 124,330 | $9.0M | 1.30% |
| 23 | MOLSON COORS BEVERAGE CO | TAP-A | 148,358 | $9.0M | 1.30% |
| 24 | EXXON MOBIL CORP | XOM | 73,475 | $8.7M | 1.26% |
| 25 | STRYKER CORPORATION | SYK | 21,369 | $8.0M | 1.15% |
| 26 | RTX CORPORATION | RTX | 59,548 | $7.9M | 1.14% |
| 27 | VANGUARD WORLD FD | 921910873 | 39,048 | $7.9M | 1.13% |
| 28 | MID-AMER APT CMNTYS INC | 59522J103 | 46,026 | $7.7M | 1.11% |
| 29 | BROADCOM INC | AVGO | 42,855 | $7.2M | 1.04% |
| 30 | STERLING INFRASTRUCTURE INC | STRL | 55,420 | $6.3M | 0.91% |
| 31 | ISHARES TR | 46432F859 | 125,700 | $6.1M | 0.88% |
| 32 | WISDOMTREE TR | WT | 125,409 | $6.1M | 0.87% |
| 33 | CARRIER GLOBAL CORPORATION | CARR | 95,408 | $6.0M | 0.87% |
| 34 | PEPSICO INC | PEP | 35,325 | $5.3M | 0.76% |
| 35 | DISCOVER FINL SVCS | 254709108 | 30,579 | $5.2M | 0.75% |
| 36 | SANOFI | SNYNF | 93,780 | $5.2M | 0.75% |
| 37 | ANALOG DEVICES INC | ADI | 25,425 | $5.1M | 0.74% |
| 38 | NORTHROP GRUMMAN CORP | NOC | 9,706 | $5.0M | 0.72% |
| 39 | ALPHABET INC | GOOG | 31,748 | $5.0M | 0.72% |
| 40 | SCHLUMBERGER LTD | SLB | 112,190 | $4.7M | 0.68% |
| 41 | KODIAK GAS SVCS INC | 50012A108 | 125,722 | $4.7M | 0.68% |
| 42 | WEYERHAEUSER CO MTN BE | WY | 159,763 | $4.7M | 0.67% |
| 43 | TIMKEN CO | TKR | 64,590 | $4.6M | 0.67% |
| 44 | PINNACLE WEST CAP CORP | PNW | 48,494 | $4.6M | 0.67% |
| 45 | SKECHERS U S A INC | 830566105 | 81,209 | $4.6M | 0.67% |
| 46 | SCHWAB STRATEGIC TR | 808524771 | 188,421 | $4.4M | 0.64% |
| 47 | KROGER CO | KR | 65,410 | $4.4M | 0.64% |
| 48 | VANGUARD INTL EQUITY INDEX F | 922042742 | 36,709 | $4.3M | 0.61% |
| 49 | GRAPHIC PACKAGING HLDG CO | GPK | 163,309 | $4.2M | 0.61% |
| 50 | BP PLC | BPPFF | 118,439 | $4.0M | 0.58% |
| 51 | FOMENTO ECONOMICO MEXICANO S | 344419106 | 40,619 | $4.0M | 0.57% |
| 52 | FORTUNE BRANDS INNOVATIONS I | FBIN | 61,602 | $3.8M | 0.54% |
| 53 | HENRY SCHEIN INC | HSIC | 54,492 | $3.7M | 0.54% |
| 54 | SPDR S&P 500 ETF TR | SPY | 6,512 | $3.6M | 0.53% |
| 55 | ALPHABET INC | GOOG | 23,005 | $3.6M | 0.51% |
| 56 | WORLD GOLD TR | GLDW | 56,650 | $3.5M | 0.51% |
| 57 | AMAZON COM INC | AMZN | 18,334 | $3.5M | 0.50% |
| 58 | LOUISIANA PAC CORP | LPX | 36,260 | $3.3M | 0.48% |
| 59 | VANGUARD INDEX FDS | 922908652 | 19,324 | $3.3M | 0.48% |
| 60 | OSHKOSH CORP | OSK | 35,304 | $3.3M | 0.48% |
| 61 | INVESCO EXCHANGE TRADED FD T | IVZ | 19,168 | $3.3M | 0.48% |
| 62 | MUELLER INDS INC | 624756102 | 42,865 | $3.3M | 0.47% |
| 63 | VERIZON COMMUNICATIONS INC | VZ | 69,938 | $3.2M | 0.46% |
| 64 | VANGUARD WORLD FD | 92204A504 | 11,927 | $3.2M | 0.46% |
| 65 | BAXTER INTL INC | 071813109 | 88,945 | $3.0M | 0.44% |
| 66 | INVESCO QQQ TR | IVZ | 6,455 | $3.0M | 0.44% |
| 67 | EATON CORP PLC | ETN | 10,545 | $2.9M | 0.41% |
| 68 | KIMCO RLTY CORP | 49446R109 | 134,345 | $2.9M | 0.41% |
| 69 | ON SEMICONDUCTOR CORP | ON | 68,624 | $2.8M | 0.40% |
| 70 | AGCO CORP | AGCO | 29,934 | $2.8M | 0.40% |
| 71 | UNION PAC CORP | UNP | 10,988 | $2.6M | 0.37% |
| 72 | SPDR GOLD TR | GLD | 8,199 | $2.4M | 0.34% |
| 73 | GOLDMAN SACHS GROUP INC | GSCE | 4,143 | $2.3M | 0.33% |
| 74 | HUNTINGTON INGALLS INDS INC | 446413106 | 10,815 | $2.2M | 0.32% |
| 75 | VANGUARD INTL EQUITY INDEX F | 922042775 | 35,126 | $2.1M | 0.31% |
| 76 | REGENCY CTRS CORP | 758849103 | 25,285 | $1.9M | 0.27% |
| 77 | LABCORP HOLDINGS INC | LH | 7,935 | $1.8M | 0.27% |
| 78 | GARRETT MOTION INC | GTX | 219,670 | $1.8M | 0.27% |
| 79 | VISA INC | V | 5,172 | $1.8M | 0.26% |
| 80 | VANGUARD WORLD FD | 92204A306 | 13,380 | $1.7M | 0.25% |
| 81 | HONEYWELL INTL INC | 438516106 | 8,101 | $1.7M | 0.25% |
| 82 | BOISE CASCADE CO DEL | BCC | 15,955 | $1.6M | 0.23% |
| 83 | INGLES MKTS INC | 457030104 | 23,915 | $1.6M | 0.22% |
| 84 | WALMART INC | WMT | 17,327 | $1.5M | 0.22% |
| 85 | ABBVIE INC | ABBV | 7,134 | $1.5M | 0.22% |
| 86 | SHELL PLC | RYDAF | 20,300 | $1.5M | 0.21% |
| 87 | HOME DEPOT INC | HD | 4,050 | $1.5M | 0.21% |
| 88 | J P MORGAN EXCHANGE TRADED F | 46641Q654 | 28,800 | $1.5M | 0.21% |
| 89 | JOHNSON & JOHNSON | JNJ | 8,779 | $1.5M | 0.21% |
| 90 | WASTE MGMT INC DEL | 94106L109 | 6,286 | $1.5M | 0.21% |
| 91 | ISHARES TR | 464287499 | 16,214 | $1.4M | 0.20% |
| 92 | NOVARTIS AG | NVSEF | 12,361 | $1.4M | 0.20% |
| 93 | VANGUARD INDEX FDS | 922908611 | 7,171 | $1.3M | 0.19% |
| 94 | CHEVRON CORP NEW | CVX | 7,152 | $1.2M | 0.17% |
| 95 | UBS GROUP AG | UBS | 39,000 | $1.2M | 0.17% |
| 96 | MERCK & CO INC | MRK | 13,268 | $1.2M | 0.17% |
| 97 | VANGUARD SCOTTSDALE FDS | 92206C870 | 14,200 | $1.2M | 0.17% |
| 98 | VANGUARD WORLD FD | 92204A876 | 6,750 | $1.2M | 0.17% |
| 99 | ITT INC | ITT | 8,890 | $1.1M | 0.17% |
| 100 | VANECK MERK GOLD ETF | OUNZ | 37,000 | $1.1M | 0.16% |
| 101 | ENTERGY CORP NEW | ENO | 12,910 | $1.1M | 0.16% |
| 102 | PROLOGIS INC. | PLDGP | 9,550 | $1.1M | 0.15% |
| 103 | NEWS CORP NEW | NWSLL | 33,860 | $1.0M | 0.15% |
| 104 | DEERE & CO | DE | 2,180 | $1.0M | 0.15% |
| 105 | ISHARES TR | 464287457 | 12,151 | $1.0M | 0.15% |
| 106 | ISHARES TR | 464287804 | 9,561 | $999,794 | 0.14% |
| 107 | MATSON INC | MATX | 7,738 | $991,779 | 0.14% |
| 108 | ISHARES TR | 46429B689 | 12,300 | $958,414 | 0.14% |
| 109 | LISTED FD TR | 53656F623 | 23,418 | $951,942 | 0.14% |
| 110 | ISHARES TR | 46434V274 | 30,800 | $949,872 | 0.14% |
| 111 | COMCAST CORP NEW | CCZ | 25,435 | $938,542 | 0.14% |
| 112 | MARSH & MCLENNAN COS INC | 571748102 | 3,788 | $924,386 | 0.13% |
| 113 | VANGUARD INDEX FDS | 922908512 | 5,670 | $910,262 | 0.13% |
| 114 | AUTOMATIC DATA PROCESSING IN | ADP | 2,971 | $907,730 | 0.13% |
| 115 | PHILLIPS 66 | PSX | 7,343 | $906,713 | 0.13% |
| 116 | NEXTERA ENERGY INC | NEE-PW | 12,416 | $880,170 | 0.13% |
| 117 | AGNICO EAGLE MINES LTD | AEM | 8,087 | $876,712 | 0.13% |
| 118 | VANGUARD MUN BD FDS | 922907696 | 11,100 | $836,219 | 0.12% |
| 119 | PROCTER AND GAMBLE CO | 742718109 | 4,885 | $832,502 | 0.12% |
| 120 | VANGUARD WORLD FD | 92204A405 | 6,810 | $813,591 | 0.12% |
| 121 | VANECK ETF TRUST | 92189F437 | 26,914 | $776,731 | 0.11% |
| 122 | ISHARES TR | 464287341 | 18,325 | $770,933 | 0.11% |
| 123 | NIKE INC | NKE | 11,952 | $758,713 | 0.11% |
| 124 | INVESTORS TITLE CO NC | ITIC | 3,125 | $753,375 | 0.11% |
| 125 | TOTALENERGIES SE | TTE | 11,600 | $750,404 | 0.11% |
| 126 | AMERICAN CENTY ETF TR | 025072802 | 10,680 | $744,823 | 0.11% |
| 127 | SPDR SER TR | 78464A631 | 4,480 | $719,891 | 0.10% |
| 128 | VANGUARD INDEX FDS | 922908744 | 4,140 | $715,144 | 0.10% |
| 129 | CHUBB LIMITED | CB | 2,349 | $709,375 | 0.10% |
| 130 | ORACLE CORP | ORCL-PD | 5,004 | $699,609 | 0.10% |
| 131 | BANK AMERICA CORP | 060505104 | 16,235 | $677,487 | 0.10% |
| 132 | LIMONEIRA CO | LMNR | 36,750 | $651,210 | 0.09% |
| 133 | CENCORA INC | COR | 2,280 | $634,045 | 0.09% |
| 134 | VERTEX PHARMACEUTICALS INC | VRTX | 1,273 | $617,176 | 0.09% |
| 135 | BALL CORP | BALL | 11,737 | $611,145 | 0.09% |
| 136 | STARWOOD PPTY TR INC | STHO | 30,735 | $607,631 | 0.09% |
| 137 | SOUTHWEST GAS HLDGS INC | SWX | 8,457 | $607,224 | 0.09% |
| 138 | PREFORMED LINE PRODS CO | 740444104 | 4,270 | $598,184 | 0.09% |
| 139 | HOST HOTELS & RESORTS INC | HST | 39,916 | $567,206 | 0.08% |
| 140 | CRH PLC | CRH | 6,400 | $563,008 | 0.08% |
| 141 | SPROTT PHYSICAL GOLD TR | SII | 23,000 | $553,380 | 0.08% |
| 142 | STARBUCKS CORP | SBUX | 5,604 | $549,696 | 0.08% |
| 143 | DIMENSIONAL ETF TRUST | 25434V203 | 17,598 | $549,586 | 0.08% |
| 144 | EXPONENT INC | EXPO | 6,575 | $532,970 | 0.08% |
| 145 | CATERPILLAR INC | CAT | 1,597 | $526,691 | 0.08% |
| 146 | ISHARES TR | 464287655 | 2,584 | $515,482 | 0.07% |
| 147 | EVERSOURCE ENERGY | ES | 8,097 | $502,905 | 0.07% |
| 148 | VANGUARD INTL EQUITY INDEX F | 922042858 | 11,069 | $500,982 | 0.07% |
| 149 | TJX COS INC NEW | 872540109 | 4,075 | $496,335 | 0.07% |
| 150 | J P MORGAN EXCHANGE TRADED F | 46641Q837 | 9,712 | $491,719 | 0.07% |
| 151 | ISHARES TR | 464288679 | 4,450 | $491,547 | 0.07% |
| 152 | STELLANTIS N.V | STLA | 42,233 | $473,432 | 0.07% |
| 153 | ISHARES TR | 464287473 | 3,517 | $443,036 | 0.06% |
| 154 | NEWS CORP NEW | NWSLL | 16,200 | $440,964 | 0.06% |
| 155 | BANK NEW YORK MELLON CORP | 064058100 | 5,190 | $435,285 | 0.06% |
| 156 | MCDONALDS CORP | MCD | 1,358 | $424,345 | 0.06% |
| 157 | AMERICAN CENTY ETF TR | 025072877 | 4,780 | $416,673 | 0.06% |
| 158 | FEDEX CORP | FDX | 1,669 | $406,869 | 0.06% |
| 159 | LCNB CORP | LCNB | 27,400 | $405,246 | 0.06% |
| 160 | CISCO SYS INC | CSCO | 6,514 | $401,979 | 0.06% |
| 161 | JBT MAREL CORPORATION | JBTM | 3,240 | $395,928 | 0.06% |
| 162 | VANGUARD BD INDEX FDS | 921937827 | 5,000 | $391,400 | 0.06% |
| 163 | POTLATCHDELTIC CORPORATION | 737630103 | 8,611 | $388,528 | 0.06% |
| 164 | ISHARES GOLD TR | IAU | 6,500 | $383,240 | 0.06% |
| 165 | RAYONIER INC | RYN | 13,334 | $371,752 | 0.05% |
| 166 | SCHWAB STRATEGIC TR | 808524748 | 10,050 | $363,810 | 0.05% |
| 167 | UDR INC | UDR | 8,020 | $362,263 | 0.05% |
| 168 | ISHARES TR | 464287622 | 1,150 | $352,751 | 0.05% |
| 169 | SMUCKER J M CO | 832696405 | 2,955 | $349,902 | 0.05% |
| 170 | U HAUL HOLDING COMPANY | UHAL-B | 5,910 | $349,754 | 0.05% |
| 171 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 5,730 | $349,473 | 0.05% |
| 172 | SONOCO PRODS CO | 835495102 | 7,365 | $347,923 | 0.05% |
| 173 | ABBOTT LABS | ABLZF | 2,596 | $344,359 | 0.05% |
| 174 | DIMENSIONAL ETF TRUST | 25434V401 | 5,587 | $337,902 | 0.05% |
| 175 | TENET HEALTHCARE CORP | THC | 2,500 | $336,250 | 0.05% |
| 176 | MARRIOTT INTL INC NEW | 571903202 | 1,400 | $333,480 | 0.05% |
| 177 | WHIRLPOOL CORP | WHR-PA | 3,696 | $333,120 | 0.05% |
| 178 | ELI LILLY & CO | LLY | 400 | $330,364 | 0.05% |
| 179 | WABTEC | 929740108 | 1,800 | $326,430 | 0.05% |
| 180 | ARCOS DORADOS HOLDINGS INC | ARCO | 40,500 | $326,430 | 0.05% |
| 181 | JEFFERIES FINL GROUP INC | 47233W109 | 6,000 | $321,420 | 0.05% |
| 182 | KLA CORP | KLAC | 470 | $319,506 | 0.05% |
| 183 | ALLETE INC | 018522300 | 4,750 | $312,075 | 0.05% |
| 184 | INVESCO CURRENCYSHARES SWISS | 46138R108 | 3,100 | $311,178 | 0.04% |
| 185 | ISHARES TR | 464287598 | 1,587 | $298,564 | 0.04% |
| 186 | COCA COLA CO | KO | 4,150 | $297,223 | 0.04% |
| 187 | VALERO ENERGY CORP | VLO | 2,180 | $287,913 | 0.04% |
| 188 | VANGUARD INTL EQUITY INDEX F | 922042718 | 2,483 | $287,033 | 0.04% |
| 189 | IMPERIAL OIL LTD | IMO | 3,900 | $282,048 | 0.04% |
| 190 | DIMENSIONAL ETF TRUST | 25434V500 | 4,671 | $279,092 | 0.04% |
| 191 | HONDA MOTOR LTD | HNDAF | 10,050 | $272,657 | 0.04% |
| 192 | LOCKHEED MARTIN CORP | LMT | 605 | $270,260 | 0.04% |
| 193 | AMPHENOL CORP NEW | 032095101 | 4,000 | $262,360 | 0.04% |
| 194 | COCA-COLA EUROPACIFIC PARTNE | CCEP | 3,000 | $261,090 | 0.04% |
| 195 | CORNING INC | GLW | 5,700 | $260,946 | 0.04% |
| 196 | NORFOLK SOUTHN CORP | 655844108 | 1,100 | $260,535 | 0.04% |
| 197 | SIRIUSPOINT LTD | SPNT | 15,000 | $259,350 | 0.04% |
| 198 | AUTONATION INC | AN | 1,600 | $259,072 | 0.04% |
| 199 | META PLATFORMS INC | META | 445 | $256,480 | 0.04% |
| 200 | UNITEDHEALTH GROUP INC | UNH | 489 | $256,114 | 0.04% |
| 201 | RUSH ENTERPRISES INC | RUSHB | 4,512 | $255,018 | 0.04% |
| 202 | PROGRESSIVE CORP | 743315103 | 900 | $254,709 | 0.04% |
| 203 | LINDE PLC | LIN | 530 | $246,789 | 0.04% |
| 204 | EDWARDS LIFESCIENCES CORP | EW | 3,350 | $242,808 | 0.04% |
| 205 | ACCENTURE PLC IRELAND | ACN | 710 | $221,548 | 0.03% |
| 206 | PENSKE AUTOMOTIVE GRP INC | 70959W103 | 1,500 | $215,970 | 0.03% |
| 207 | QUEST DIAGNOSTICS INC | DGX | 1,220 | $206,424 | 0.03% |
| 208 | VANGUARD STAR FDS | 921909768 | 3,300 | $204,930 | 0.03% |
| 209 | PARKER-HANNIFIN CORP | PH | 336 | $204,238 | 0.03% |
| 210 | RPM INTL INC | 749685103 | 1,760 | $203,597 | 0.03% |
| 211 | DIMENSIONAL ETF TRUST | 25434V302 | 7,838 | $202,926 | 0.03% |
| 212 | METLIFE INC | MET-PF | 2,500 | $200,725 | 0.03% |
| 213 | BLACK STONE MINERALS L P | BSMLP | 12,000 | $183,240 | 0.03% |
| 214 | CENOVUS ENERGY INC | CVE | 12,900 | $179,439 | 0.03% |
| 215 | MARTEN TRANS LTD | MRTN | 11,682 | $160,277 | 0.02% |
| 216 | GLOBAL SELF STORAGE INC | SELF | 28,000 | $141,120 | 0.02% |
| 217 | SPROTT PHYSICAL SILVER TR | SII | 11,000 | $127,600 | 0.02% |
| 218 | AMBEV SA | ABEV | 42,000 | $97,860 | 0.01% |
| 219 | CARDIFF ONCOLOGY INC | CRDF | 20,000 | $62,800 | 0.01% |
| 220 | TETRA TECHNOLOGIES INC DEL | 88162F105 | 17,000 | $57,120 | 0.01% |
| 221 | TMC THE METALS COMPANY INC | TMCWW | 10,000 | $17,200 | 0.00% |