13F HOLDINGS REPORT
Baker Ellis Asset Management LLC
Quarter ended Q2 2025 · Filed July 8, 2025 · Accession 0001941040-25-000336
Total Value
$728.6M
Positions
216
Other Managers
0
Confidential Omitted
No
Holdings (216)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908769 | 231,655 | $70.4M | 9.66% |
| 2 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 69,423 | $33.7M | 4.63% |
| 3 | MICROSOFT CORP | MSFT | 55,436 | $27.6M | 3.78% |
| 4 | VANGUARD WORLD FD | 92204A702 | 34,381 | $22.8M | 3.13% |
| 5 | VANGUARD WHITEHALL FDS | 921946406 | 142,410 | $19.0M | 2.61% |
| 6 | FIDELITY MERRIMACK STR TR | 316188309 | 358,039 | $16.4M | 2.25% |
| 7 | VANGUARD INDEX FDS | 922908363 | 28,402 | $16.1M | 2.21% |
| 8 | DIMENSIONAL ETF TRUST | 25434V781 | 470,355 | $15.5M | 2.12% |
| 9 | JPMORGAN CHASE & CO. | VYLD | 52,083 | $15.1M | 2.07% |
| 10 | GOLDMAN SACHS ETF TR | NVGLF | 377,804 | $15.0M | 2.06% |
| 11 | INVESCO EXCHANGE TRADED FD T | IVZ | 325,685 | $13.8M | 1.89% |
| 12 | STERLING INFRASTRUCTURE INC | STRL | 55,475 | $12.8M | 1.76% |
| 13 | JOHN HANCOCK EXCHANGE TRADED | 47804J206 | 205,511 | $12.6M | 1.72% |
| 14 | COSTCO WHSL CORP NEW | 22160K105 | 12,636 | $12.5M | 1.72% |
| 15 | GOLDMAN SACHS ETF TR | NVGLF | 123,083 | $12.3M | 1.69% |
| 16 | PIMCO EQUITY SER | 72202L363 | 228,618 | $12.2M | 1.68% |
| 17 | ISHARES TR | 46432F834 | 157,436 | $12.2M | 1.67% |
| 18 | LAM RESEARCH CORP | LRCX | 122,905 | $12.0M | 1.64% |
| 19 | BROADCOM INC | AVGO | 42,045 | $11.6M | 1.59% |
| 20 | SCHWAB STRATEGIC TR | 808524797 | 398,881 | $10.6M | 1.45% |
| 21 | ISHARES TR | 46436E718 | 103,788 | $10.5M | 1.43% |
| 22 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 13 | $9.5M | 1.30% |
| 23 | APPLE INC | AAPL | 43,757 | $9.0M | 1.23% |
| 24 | RTX CORPORATION | RTX | 58,753 | $8.6M | 1.18% |
| 25 | VANGUARD WORLD FD | 921910873 | 37,605 | $8.5M | 1.16% |
| 26 | STRYKER CORPORATION | SYK | 21,175 | $8.4M | 1.15% |
| 27 | EXXON MOBIL CORP | XOM | 72,532 | $7.8M | 1.07% |
| 28 | WISDOMTREE TR | WT | 129,188 | $7.1M | 0.98% |
| 29 | MOLSON COORS BEVERAGE CO | TAP-A | 147,178 | $7.1M | 0.97% |
| 30 | FISERV INC | FISV | 40,521 | $7.0M | 0.96% |
| 31 | MID-AMER APT CMNTYS INC | 59522J103 | 46,808 | $6.9M | 0.95% |
| 32 | CARRIER GLOBAL CORPORATION | CARR | 94,295 | $6.9M | 0.95% |
| 33 | CAPITAL ONE FINL CORP | 14040H105 | 30,798 | $6.6M | 0.90% |
| 34 | ISHARES TR | 46432F859 | 130,600 | $6.4M | 0.87% |
| 35 | OSHKOSH CORP | OSK | 54,872 | $6.2M | 0.86% |
| 36 | ANALOG DEVICES INC | ADI | 25,565 | $6.1M | 0.84% |
| 37 | ALPHABET INC | GOOG | 29,843 | $5.3M | 0.73% |
| 38 | SCHWAB STRATEGIC TR | 808524771 | 197,147 | $4.8M | 0.66% |
| 39 | NORTHROP GRUMMAN CORP | NOC | 9,630 | $4.8M | 0.66% |
| 40 | KROGER CO | KR | 66,662 | $4.8M | 0.66% |
| 41 | PUBLIC STORAGE OPER CO | PSA-PS | 16,123 | $4.7M | 0.65% |
| 42 | TIMKEN CO | TKR | 64,926 | $4.7M | 0.65% |
| 43 | VANGUARD INTL EQUITY INDEX F | 922042742 | 36,649 | $4.7M | 0.65% |
| 44 | SANOFI | SNYNF | 95,794 | $4.6M | 0.64% |
| 45 | PEPSICO INC | PEP | 33,555 | $4.4M | 0.61% |
| 46 | KODIAK GAS SVCS INC | 50012A108 | 128,353 | $4.4M | 0.60% |
| 47 | PINNACLE WEST CAP CORP | PNW | 48,094 | $4.3M | 0.59% |
| 48 | EATON CORP PLC | ETN | 11,560 | $4.1M | 0.57% |
| 49 | FOMENTO ECONOMICO MEXICANO S | 344419106 | 40,021 | $4.1M | 0.57% |
| 50 | AMAZON COM INC | AMZN | 18,539 | $4.1M | 0.56% |
| 51 | HENRY SCHEIN INC | HSIC | 54,321 | $4.0M | 0.54% |
| 52 | SPDR S&P 500 ETF TR | SPY | 6,402 | $4.0M | 0.54% |
| 53 | WEYERHAEUSER CO MTN BE | WY | 151,601 | $3.9M | 0.53% |
| 54 | ALPHABET INC | GOOG | 21,790 | $3.8M | 0.53% |
| 55 | ON SEMICONDUCTOR CORP | ON | 72,379 | $3.8M | 0.52% |
| 56 | MUELLER INDS INC | 624756102 | 47,190 | $3.8M | 0.51% |
| 57 | WORLD GOLD TR | GLDW | 57,000 | $3.7M | 0.51% |
| 58 | VANGUARD INDEX FDS | 922908652 | 19,324 | $3.7M | 0.51% |
| 59 | SCHLUMBERGER LTD | SLB | 106,775 | $3.6M | 0.50% |
| 60 | INVESCO QQQ TR | IVZ | 6,430 | $3.5M | 0.49% |
| 61 | INVESCO EXCHANGE TRADED FD T | IVZ | 18,924 | $3.4M | 0.47% |
| 62 | BP PLC | BPPFF | 109,174 | $3.3M | 0.45% |
| 63 | AGCO CORP | AGCO | 31,574 | $3.3M | 0.45% |
| 64 | LOUISIANA PAC CORP | LPX | 35,730 | $3.1M | 0.42% |
| 65 | VERIZON COMMUNICATIONS INC | VZ | 68,360 | $3.0M | 0.41% |
| 66 | VANGUARD WORLD FD | 92204A504 | 11,817 | $2.9M | 0.40% |
| 67 | KIMCO RLTY CORP | 49446R109 | 135,695 | $2.9M | 0.39% |
| 68 | HUNTINGTON INGALLS INDS INC | 446413106 | 11,580 | $2.8M | 0.38% |
| 69 | GOLDMAN SACHS GROUP INC | GSCE | 3,824 | $2.7M | 0.37% |
| 70 | BAXTER INTL INC | 071813109 | 88,055 | $2.7M | 0.37% |
| 71 | SPDR GOLD TR | GLD | 8,079 | $2.5M | 0.34% |
| 72 | UNION PAC CORP | UNP | 10,688 | $2.5M | 0.34% |
| 73 | VANGUARD INTL EQUITY INDEX F | 922042775 | 35,126 | $2.4M | 0.32% |
| 74 | GARRETT MOTION INC | GTX | 217,205 | $2.3M | 0.31% |
| 75 | LABCORP HOLDINGS INC | LH | 7,355 | $1.9M | 0.27% |
| 76 | NOVARTIS AG | NVSEF | 14,561 | $1.8M | 0.24% |
| 77 | WALMART INC | WMT | 17,197 | $1.7M | 0.23% |
| 78 | HONEYWELL INTL INC | 438516106 | 7,096 | $1.7M | 0.23% |
| 79 | REGENCY CTRS CORP | 758849103 | 22,765 | $1.6M | 0.22% |
| 80 | NEWS CORP NEW | NWSLL | 44,560 | $1.5M | 0.21% |
| 81 | VISA INC | V | 4,294 | $1.5M | 0.21% |
| 82 | INGLES MKTS INC | 457030104 | 23,851 | $1.5M | 0.21% |
| 83 | ISHARES TR | 464287499 | 16,214 | $1.5M | 0.20% |
| 84 | J P MORGAN EXCHANGE TRADED F | 46641Q654 | 28,800 | $1.5M | 0.20% |
| 85 | VANGUARD WORLD FD | 92204A306 | 12,180 | $1.5M | 0.20% |
| 86 | HOME DEPOT INC | HD | 3,950 | $1.4M | 0.20% |
| 87 | WASTE MGMT INC DEL | 94106L109 | 6,186 | $1.4M | 0.19% |
| 88 | VANGUARD INDEX FDS | 922908611 | 7,171 | $1.4M | 0.19% |
| 89 | SHELL PLC | RYDAF | 19,400 | $1.4M | 0.19% |
| 90 | UBS GROUP AG | UBS | 40,050 | $1.4M | 0.19% |
| 91 | BOISE CASCADE CO DEL | BCC | 15,563 | $1.4M | 0.19% |
| 92 | JOHNSON & JOHNSON | JNJ | 8,779 | $1.3M | 0.18% |
| 93 | ITT INC | ITT | 8,550 | $1.3M | 0.18% |
| 94 | AMERICAN CENTY ETF TR | 025072802 | 15,830 | $1.3M | 0.17% |
| 95 | ABBVIE INC | ABBV | 6,543 | $1.2M | 0.17% |
| 96 | VANECK MERK GOLD ETF | OUNZ | 37,000 | $1.2M | 0.16% |
| 97 | VANGUARD WORLD FD | 92204A876 | 6,450 | $1.1M | 0.16% |
| 98 | DEERE & CO | DE | 2,180 | $1.1M | 0.15% |
| 99 | ORACLE CORP | ORCL-PD | 5,004 | $1.1M | 0.15% |
| 100 | PROLOGIS INC. | PLDGP | 10,150 | $1.1M | 0.15% |
| 101 | ISHARES TR | 464287804 | 9,561 | $1.0M | 0.14% |
| 102 | MERCK & CO INC | MRK | 13,088 | $1.0M | 0.14% |
| 103 | ISHARES TR | 46429B689 | 12,150 | $1.0M | 0.14% |
| 104 | ENTERGY CORP NEW | ENO | 12,210 | $1.0M | 0.14% |
| 105 | ISHARES TR | 46434V274 | 27,800 | $951,594 | 0.13% |
| 106 | SPDR SERIES TRUST | 78464A631 | 4,480 | $945,011 | 0.13% |
| 107 | CHEVRON CORP NEW | CVX | 6,529 | $934,878 | 0.13% |
| 108 | LISTED FDS TR | 53656F623 | 21,570 | $909,607 | 0.12% |
| 109 | AGNICO EAGLE MINES LTD | AEM | 7,587 | $902,322 | 0.12% |
| 110 | VANGUARD SCOTTSDALE FDS | 92206C870 | 10,700 | $887,244 | 0.12% |
| 111 | AUTOMATIC DATA PROCESSING IN | ADP | 2,871 | $885,416 | 0.12% |
| 112 | VANGUARD WORLD FD | 92204A405 | 6,810 | $866,913 | 0.12% |
| 113 | MATSON INC | MATX | 7,738 | $861,626 | 0.12% |
| 114 | COMCAST CORP NEW | CCZ | 24,110 | $860,476 | 0.12% |
| 115 | PHILLIPS 66 | PSX | 7,084 | $845,120 | 0.12% |
| 116 | MARSH & MCLENNAN COS INC | 571748102 | 3,788 | $828,208 | 0.11% |
| 117 | VANGUARD INDEX FDS | 922908512 | 4,970 | $817,366 | 0.11% |
| 118 | VANGUARD MUN BD FDS | 922907696 | 10,700 | $810,097 | 0.11% |
| 119 | PROCTER AND GAMBLE CO | 742718109 | 4,924 | $784,492 | 0.11% |
| 120 | NIKE INC | NKE | 10,597 | $752,811 | 0.10% |
| 121 | VANGUARD INDEX FDS | 922908744 | 4,140 | $731,704 | 0.10% |
| 122 | NEXTERA ENERGY INC | NEE-PW | 10,442 | $724,884 | 0.10% |
| 123 | BANK AMERICA CORP | 060505104 | 14,735 | $697,260 | 0.10% |
| 124 | CENCORA INC | COR | 2,280 | $683,658 | 0.09% |
| 125 | CHUBB LIMITED | CB | 2,354 | $682,001 | 0.09% |
| 126 | INVESTORS TITLE CO NC | ITIC | 3,125 | $660,313 | 0.09% |
| 127 | PREFORMED LINE PRODS CO | 740444104 | 4,020 | $642,436 | 0.09% |
| 128 | BALL CORP | BALL | 11,280 | $632,695 | 0.09% |
| 129 | CATERPILLAR INC | CAT | 1,597 | $619,971 | 0.09% |
| 130 | STARWOOD PPTY TR INC | STHO | 30,735 | $616,851 | 0.08% |
| 131 | ISHARES TR | 464287457 | 7,126 | $590,474 | 0.08% |
| 132 | CRH PLC | CRH | 6,400 | $587,520 | 0.08% |
| 133 | LIMONEIRA CO | LMNR | 36,650 | $573,573 | 0.08% |
| 134 | HOST HOTELS & RESORTS INC | HST | 37,188 | $571,208 | 0.08% |
| 135 | TOTALENERGIES SE | TTE | 9,000 | $552,510 | 0.08% |
| 136 | EVERSOURCE ENERGY | ES | 8,457 | $538,034 | 0.07% |
| 137 | ISHARES TR | 464287655 | 2,409 | $519,838 | 0.07% |
| 138 | VANGUARD INTL EQUITY INDEX F | 922042858 | 10,332 | $511,020 | 0.07% |
| 139 | INVESCO CURRENCYSHARES SWISS | 46138R108 | 4,500 | $503,100 | 0.07% |
| 140 | ISHARES TR | 464288679 | 4,450 | $491,369 | 0.07% |
| 141 | EXPONENT INC | EXPO | 6,575 | $491,218 | 0.07% |
| 142 | STARBUCKS CORP | SBUX | 5,354 | $490,587 | 0.07% |
| 143 | SOUTHWEST GAS HLDGS INC | SWX | 6,500 | $483,535 | 0.07% |
| 144 | J P MORGAN EXCHANGE TRADED F | 46641Q837 | 9,512 | $482,068 | 0.07% |
| 145 | BANK NEW YORK MELLON CORP | 064058100 | 5,190 | $472,861 | 0.06% |
| 146 | VERTEX PHARMACEUTICALS INC | VRTX | 1,052 | $468,350 | 0.06% |
| 147 | ISHARES TR | 464287473 | 3,517 | $464,736 | 0.06% |
| 148 | CISCO SYS INC | CSCO | 6,514 | $451,941 | 0.06% |
| 149 | NEWS CORP NEW | NWSLL | 15,200 | $451,744 | 0.06% |
| 150 | ISHARES TR | 464287341 | 11,275 | $442,995 | 0.06% |
| 151 | TENET HEALTHCARE CORP | THC | 2,500 | $440,000 | 0.06% |
| 152 | SPROTT PHYSICAL GOLD TR | SII | 16,925 | $429,049 | 0.06% |
| 153 | BORGWARNER INC | BWA | 12,790 | $428,224 | 0.06% |
| 154 | SCHWAB STRATEGIC TR | 808524748 | 10,050 | $422,603 | 0.06% |
| 155 | KLA CORP | KLAC | 470 | $420,998 | 0.06% |
| 156 | ISHARES GOLD TR | IAU | 6,500 | $405,340 | 0.06% |
| 157 | VANECK ETF TRUST | 92189F437 | 13,681 | $400,587 | 0.05% |
| 158 | VANGUARD BD INDEX FDS | 921937827 | 5,000 | $393,500 | 0.05% |
| 159 | ISHARES TR | 464287622 | 1,150 | $390,506 | 0.05% |
| 160 | LCNB CORP | LCNB | 26,500 | $385,045 | 0.05% |
| 161 | JBT MAREL CORPORATION | JBTM | 3,190 | $383,629 | 0.05% |
| 162 | MARRIOTT INTL INC NEW | 571903202 | 1,400 | $382,494 | 0.05% |
| 163 | DIMENSIONAL ETF TRUST | 25434V203 | 11,000 | $380,270 | 0.05% |
| 164 | FEDEX CORP | FDX | 1,669 | $379,380 | 0.05% |
| 165 | WHIRLPOOL CORP | WHR-PA | 3,696 | $374,848 | 0.05% |
| 166 | DIMENSIONAL ETF TRUST | 25434V401 | 5,587 | $374,441 | 0.05% |
| 167 | STELLANTIS N.V | STLA | 36,933 | $370,438 | 0.05% |
| 168 | MCDONALDS CORP | MCD | 1,258 | $367,687 | 0.05% |
| 169 | TJX COS INC NEW | 872540109 | 2,875 | $355,034 | 0.05% |
| 170 | ARCOS DORADOS HOLDINGS INC | ARCO | 44,500 | $351,105 | 0.05% |
| 171 | AMPHENOL CORP NEW | 032095101 | 3,500 | $345,625 | 0.05% |
| 172 | ABBOTT LABS | ABLZF | 2,528 | $343,833 | 0.05% |
| 173 | UDR INC | UDR | 8,420 | $343,789 | 0.05% |
| 174 | VANGUARD INTL EQUITY INDEX F | 922042718 | 2,483 | $333,688 | 0.05% |
| 175 | META PLATFORMS INC | META | 445 | $328,450 | 0.05% |
| 176 | JEFFERIES FINL GROUP INC | 47233W109 | 6,000 | $328,140 | 0.05% |
| 177 | INVESCO CURRENCYSHARES EURO | FXE | 3,000 | $326,370 | 0.04% |
| 178 | U HAUL HOLDING COMPANY | UHAL-B | 5,910 | $321,327 | 0.04% |
| 179 | AUTONATION INC | AN | 1,600 | $317,840 | 0.04% |
| 180 | WABTEC | 929740108 | 1,500 | $314,025 | 0.04% |
| 181 | POTLATCHDELTIC CORPORATION | 737630103 | 8,181 | $313,905 | 0.04% |
| 182 | ELI LILLY & CO | LLY | 400 | $311,812 | 0.04% |
| 183 | ISHARES TR | 464287598 | 1,587 | $308,196 | 0.04% |
| 184 | SIRIUSPOINT LTD | SPNT | 15,000 | $305,850 | 0.04% |
| 185 | CORNING INC | GLW | 5,700 | $299,763 | 0.04% |
| 186 | ALLETE INC | 018522300 | 4,650 | $297,926 | 0.04% |
| 187 | IMPERIAL OIL LTD | IMO | 3,715 | $295,268 | 0.04% |
| 188 | COCA COLA CO | KO | 4,150 | $293,613 | 0.04% |
| 189 | VALERO ENERGY CORP | VLO | 2,180 | $293,036 | 0.04% |
| 190 | RAYONIER INC | RYN | 13,130 | $291,223 | 0.04% |
| 191 | HONDA MOTOR LTD | HNDAF | 10,050 | $289,742 | 0.04% |
| 192 | NORFOLK SOUTHN CORP | 655844108 | 1,100 | $281,567 | 0.04% |
| 193 | LOCKHEED MARTIN CORP | LMT | 605 | $280,200 | 0.04% |
| 194 | SONOCO PRODS CO | 835495102 | 6,405 | $279,002 | 0.04% |
| 195 | AMERICAN CENTY ETF TR | 025072877 | 2,930 | $266,923 | 0.04% |
| 196 | EDWARDS LIFESCIENCES CORP | EW | 3,350 | $262,004 | 0.04% |
| 197 | PENSKE AUTOMOTIVE GRP INC | 70959W103 | 1,500 | $257,715 | 0.04% |
| 198 | LINDE PLC | LIN | 530 | $248,665 | 0.03% |
| 199 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 5,230 | $242,097 | 0.03% |
| 200 | PARKER-HANNIFIN CORP | PH | 336 | $234,686 | 0.03% |
| 201 | VANGUARD STAR FDS | 921909768 | 3,300 | $227,997 | 0.03% |
| 202 | ISHARES SILVER TR | SLV | 6,800 | $223,108 | 0.03% |
| 203 | QUEST DIAGNOSTICS INC | DGX | 1,200 | $215,556 | 0.03% |
| 204 | RUSH ENTERPRISES INC | RUSHB | 4,012 | $210,550 | 0.03% |
| 205 | GLOBAL X FDS | 37960A529 | 3,360 | $202,440 | 0.03% |
| 206 | SONY GROUP CORP | SNEJF | 7,775 | $202,383 | 0.03% |
| 207 | METLIFE INC | MET-PF | 2,500 | $201,050 | 0.03% |
| 208 | PHILIP MORRIS INTL INC | 718172109 | 1,100 | $200,343 | 0.03% |
| 209 | GLOBAL SELF STORAGE INC | SELF | 33,000 | $176,220 | 0.02% |
| 210 | MARTEN TRANS LTD | MRTN | 11,620 | $150,944 | 0.02% |
| 211 | BLACK STONE MINERALS L P | BSMLP | 11,000 | $143,880 | 0.02% |
| 212 | WABASH NATL CORP | 929566107 | 11,250 | $119,588 | 0.02% |
| 213 | AMBEV SA | ABEV | 42,000 | $101,220 | 0.01% |
| 214 | TMC THE METALS COMPANY INC | TMCWW | 10,000 | $66,000 | 0.01% |
| 215 | CARDIFF ONCOLOGY INC | CRDF | 20,000 | $63,000 | 0.01% |
| 216 | TETRA TECHNOLOGIES INC DEL | 88162F105 | 17,000 | $57,120 | 0.01% |