Filed: 11/5/2025ACC: 0001378559-25-000006
📋 What this filing means
FIRST DALLAS SECURITIES INC. filed this quarterly 13F‑HR report disclosing 113 equity positions with a total reported market value of $266.94M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
113
Positions
$266.94M
Total AUM (reported)
2.92M
Total Shares
Allocation by class
COM$264.46M99.1%
ADR$2.48M0.9%
Portfolio Concentration
Top 3$76.66M28.7%
4–10$49.44M18.5%
11–25$57.06M21.4%
Rest$83.79M31.4%
Top 3 weight
28.7%
Top 10 weight
47.2%
Voting Authority Distribution
Total shares with voting rights: 2.92M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.92M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole113
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings113
Rows:
Nvidia Corporation
SOLEShares208K
TypeSH
Market value$38.81M
14.54%
Sole
0.00
Shared
0.00
None
208K
Texas Pacific Land Corporation
SOLEShares21.82K
TypeSH
Market value$20.37M
7.63%
Sole
0.00
Shared
0.00
None
21.82K
Apple Inc
SOLEShares68.67K
TypeSH
Market value$17.48M
6.55%
Sole
0.00
Shared
0.00
None
68.67K
Amazon.Com Inc
SOLEShares40.43K
TypeSH
Market value$8.88M
3.33%
Sole
0.00
Shared
0.00
None
40.43K
Microsoft Corp
SOLEShares16.92K
TypeSH
Market value$8.76M
3.28%
Sole
0.00
Shared
0.00
None
16.92K
Uber Technologies Inc
SOLEShares77.53K
TypeSH
Market value$7.60M
2.85%
Sole
0.00
Shared
0.00
None
77.53K
Boeing Co
SOLEShares31.56K
TypeSH
Market value$6.81M
2.55%
Sole
0.00
Shared
0.00
None
31.56K
Meta Platforms Inc Cl A
SOLEShares9.11K
TypeSH
Market value$6.69M
2.50%
Sole
0.00
Shared
0.00
None
9.11K
Exxon Mobile Corp
SOLEShares47.62K
TypeSH
Market value$5.37M
2.01%
Sole
0.00
Shared
0.00
None
47.62K
Oneok Inc
SOLEShares73.11K
TypeSH
Market value$5.34M
2.00%
Sole
0.00
Shared
0.00
None
73.11K
Freeport-Mcmoran Inc Cl B
SOLEShares126.84K
TypeSH
Market value$4.97M
1.86%
Sole
0.00
Shared
0.00
None
126.84K
Caterpillar Inc
SOLEShares9.89K
TypeSH
Market value$4.72M
1.77%
Sole
0.00
Shared
0.00
None
9.89K
Eli Lilly & Co
SOLEShares5.94K
TypeSH
Market value$4.53M
1.70%
Sole
0.00
Shared
0.00
None
5.94K
Jpmorgan Chase & Co
SOLEShares13.82K
TypeSH
Market value$4.36M
1.63%
Sole
0.00
Shared
0.00
None
13.82K
Home Depot Inc
SOLEShares10.08K
TypeSH
Market value$4.09M
1.53%
Sole
0.00
Shared
0.00
None
10.08K
Eagle Materials Inc
SOLEShares16.48K
TypeSH
Market value$3.84M
1.44%
Sole
0.00
Shared
0.00
None
16.48K
Abbvie Inc
SOLEShares16.37K
TypeSH
Market value$3.79M
1.42%
Sole
0.00
Shared
0.00
None
16.37K
Draftkings Inc Cl A
SOLEShares100.91K
TypeSH
Market value$3.77M
1.41%
Sole
0.00
Shared
0.00
None
100.91K
Cleveland-Cliffs Inc
SOLEShares295.80K
TypeSH
Market value$3.61M
1.35%
Sole
0.00
Shared
0.00
None
295.80K
Ethan Allen Interiors Inc
SOLEShares118.15K
TypeSH
Market value$3.48M
1.30%
Sole
0.00
Shared
0.00
None
118.15K
Vistra Corp
SOLEShares17.50K
TypeSH
Market value$3.43M
1.28%
Sole
0.00
Shared
0.00
None
17.50K
Sharkninja Inc
SOLEShares31.63K
TypeSH
Market value$3.26M
1.22%
Sole
0.00
Shared
0.00
None
31.63K
Millrose Properties Inc Cl A
SOLEShares92.30K
TypeSH
Market value$3.10M
1.16%
Sole
0.00
Shared
0.00
None
92.30K
Wal-Mart Inc
SOLEShares29.60K
TypeSH
Market value$3.05M
1.14%
Sole
0.00
Shared
0.00
None
29.60K
Kirby Corp
SOLEShares36.52K
TypeSH
Market value$3.05M
1.14%
Sole
0.00
Shared
0.00
None
36.52K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Nvidia CorporationSOLE | COM | 208K | SH | $38.81M 14.54% | 0.00 | 0.00 | 208K |
Texas Pacific Land CorporationSOLE | COM | 21.82K | SH | $20.37M 7.63% | 0.00 | 0.00 | 21.82K |
Apple IncSOLE | COM | 68.67K | SH | $17.48M 6.55% | 0.00 | 0.00 | 68.67K |
Amazon.Com IncSOLE | COM | 40.43K | SH | $8.88M 3.33% | 0.00 | 0.00 | 40.43K |
Microsoft CorpSOLE | COM | 16.92K | SH | $8.76M 3.28% | 0.00 | 0.00 | 16.92K |
Uber Technologies IncSOLE | COM | 77.53K | SH | $7.60M 2.85% | 0.00 | 0.00 | 77.53K |
Boeing CoSOLE | COM | 31.56K | SH | $6.81M 2.55% | 0.00 | 0.00 | 31.56K |
Meta Platforms Inc Cl ASOLE | COM | 9.11K | SH | $6.69M 2.50% | 0.00 | 0.00 | 9.11K |
Exxon Mobile CorpSOLE | COM | 47.62K | SH | $5.37M 2.01% | 0.00 | 0.00 | 47.62K |
Oneok IncSOLE | COM | 73.11K | SH | $5.34M 2.00% | 0.00 | 0.00 | 73.11K |
Freeport-Mcmoran Inc Cl BSOLE | COM | 126.84K | SH | $4.97M 1.86% | 0.00 | 0.00 | 126.84K |
Caterpillar IncSOLE | COM | 9.89K | SH | $4.72M 1.77% | 0.00 | 0.00 | 9.89K |
Eli Lilly & CoSOLE | COM | 5.94K | SH | $4.53M 1.70% | 0.00 | 0.00 | 5.94K |
Jpmorgan Chase & CoSOLE | COM | 13.82K | SH | $4.36M 1.63% | 0.00 | 0.00 | 13.82K |
Home Depot IncSOLE | COM | 10.08K | SH | $4.09M 1.53% | 0.00 | 0.00 | 10.08K |
Eagle Materials IncSOLE | COM | 16.48K | SH | $3.84M 1.44% | 0.00 | 0.00 | 16.48K |
Abbvie IncSOLE | COM | 16.37K | SH | $3.79M 1.42% | 0.00 | 0.00 | 16.37K |
Draftkings Inc Cl ASOLE | COM | 100.91K | SH | $3.77M 1.41% | 0.00 | 0.00 | 100.91K |
Cleveland-Cliffs IncSOLE | COM | 295.80K | SH | $3.61M 1.35% | 0.00 | 0.00 | 295.80K |
Ethan Allen Interiors IncSOLE | COM | 118.15K | SH | $3.48M 1.30% | 0.00 | 0.00 | 118.15K |
Vistra CorpSOLE | COM | 17.50K | SH | $3.43M 1.28% | 0.00 | 0.00 | 17.50K |
Sharkninja IncSOLE | COM | 31.63K | SH | $3.26M 1.22% | 0.00 | 0.00 | 31.63K |
Millrose Properties Inc Cl ASOLE | COM | 92.30K | SH | $3.10M 1.16% | 0.00 | 0.00 | 92.30K |
Wal-Mart IncSOLE | COM | 29.60K | SH | $3.05M 1.14% | 0.00 | 0.00 | 29.60K |
Kirby CorpSOLE | COM | 36.52K | SH | $3.05M 1.14% | 0.00 | 0.00 | 36.52K |
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