Filed: 2/11/2026ACC: 0001378559-26-000001
📋 What this filing means
FIRST DALLAS SECURITIES INC. filed this quarterly 13F‑HR report disclosing 107 equity positions with a total reported market value of $268.75M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
107
Positions
$268.75M
Total AUM (reported)
2.91M
Total Shares
Allocation by class
COM$265.98M99.0%
ADR$2.77M1.0%
Portfolio Concentration
Top 3$75.24M28.0%
4–10$49.03M18.2%
11–25$59.44M22.1%
Rest$85.04M31.6%
Top 3 weight
28.0%
Top 10 weight
46.2%
Voting Authority Distribution
Total shares with voting rights: 2.91M
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
2.91M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole107
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings107
Rows:
Nvidia Corporation
SOLEShares204.70K
TypeSH
Market value$38.18M
14.20%
Sole
0.00
Shared
0.00
None
204.70K
Texas Pacific Land Corporation
SOLEShares64.66K
TypeSH
Market value$18.57M
6.91%
Sole
0.00
Shared
0.00
None
64.66K
Apple Inc
SOLEShares68.02K
TypeSH
Market value$18.49M
6.88%
Sole
0.00
Shared
0.00
None
68.02K
Amazon.Com Inc
SOLEShares40.01K
TypeSH
Market value$9.23M
3.44%
Sole
0.00
Shared
0.00
None
40.01K
Microsoft Corp
SOLEShares16.32K
TypeSH
Market value$7.89M
2.94%
Sole
0.00
Shared
0.00
None
16.32K
Boeing Co
SOLEShares31.69K
TypeSH
Market value$6.88M
2.56%
Sole
0.00
Shared
0.00
None
31.69K
Freeport-Mcmoran Inc Cl B
SOLEShares132.66K
TypeSH
Market value$6.74M
2.51%
Sole
0.00
Shared
0.00
None
132.66K
Uber Technologies Inc
SOLEShares79.42K
TypeSH
Market value$6.49M
2.41%
Sole
0.00
Shared
0.00
None
79.42K
Eli Lilly & Co
SOLEShares5.75K
TypeSH
Market value$6.18M
2.30%
Sole
0.00
Shared
0.00
None
5.75K
Exxon Mobile Corp
SOLEShares46.62K
TypeSH
Market value$5.61M
2.09%
Sole
0.00
Shared
0.00
None
46.62K
Meta Platforms Inc Cl A
SOLEShares8.47K
TypeSH
Market value$5.59M
2.08%
Sole
0.00
Shared
0.00
None
8.47K
Caterpillar Inc
SOLEShares9.69K
TypeSH
Market value$5.55M
2.07%
Sole
0.00
Shared
0.00
None
9.69K
Oneok Inc
SOLEShares73.61K
TypeSH
Market value$5.41M
2.01%
Sole
0.00
Shared
0.00
None
73.61K
Sharkninja Inc
SOLEShares39.96K
TypeSH
Market value$4.47M
1.66%
Sole
0.00
Shared
0.00
None
39.96K
Jpmorgan Chase & Co
SOLEShares13.17K
TypeSH
Market value$4.24M
1.58%
Sole
0.00
Shared
0.00
None
13.17K
Home Depot Inc
SOLEShares11.21K
TypeSH
Market value$3.86M
1.44%
Sole
0.00
Shared
0.00
None
11.21K
Draftkings Inc Cl A
SOLEShares111.39K
TypeSH
Market value$3.84M
1.43%
Sole
0.00
Shared
0.00
None
111.39K
Abbvie Inc
SOLEShares16.23K
TypeSH
Market value$3.71M
1.38%
Sole
0.00
Shared
0.00
None
16.23K
Micron Technology Inc
SOLEShares12.88K
TypeSH
Market value$3.67M
1.37%
Sole
0.00
Shared
0.00
None
12.88K
Millrose Properties Inc Cl A
SOLEShares112.39K
TypeSH
Market value$3.36M
1.25%
Sole
0.00
Shared
0.00
None
112.39K
Eagle Materials Inc
SOLEShares15.70K
TypeSH
Market value$3.24M
1.21%
Sole
0.00
Shared
0.00
None
15.70K
Cleveland-Cliffs Inc
SOLEShares243.80K
TypeSH
Market value$3.24M
1.20%
Sole
0.00
Shared
0.00
None
243.80K
Wal-Mart Inc
SOLEShares28.25K
TypeSH
Market value$3.15M
1.17%
Sole
0.00
Shared
0.00
None
28.25K
Expand Energy Corporation
SOLEShares27.69K
TypeSH
Market value$3.06M
1.14%
Sole
0.00
Shared
0.00
None
27.69K
Citigroup Inc New
SOLEShares26.14K
TypeSH
Market value$3.05M
1.14%
Sole
0.00
Shared
0.00
None
26.14K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Nvidia CorporationSOLE | COM | 204.70K | SH | $38.18M 14.20% | 0.00 | 0.00 | 204.70K |
Texas Pacific Land CorporationSOLE | COM | 64.66K | SH | $18.57M 6.91% | 0.00 | 0.00 | 64.66K |
Apple IncSOLE | COM | 68.02K | SH | $18.49M 6.88% | 0.00 | 0.00 | 68.02K |
Amazon.Com IncSOLE | COM | 40.01K | SH | $9.23M 3.44% | 0.00 | 0.00 | 40.01K |
Microsoft CorpSOLE | COM | 16.32K | SH | $7.89M 2.94% | 0.00 | 0.00 | 16.32K |
Boeing CoSOLE | COM | 31.69K | SH | $6.88M 2.56% | 0.00 | 0.00 | 31.69K |
Freeport-Mcmoran Inc Cl BSOLE | COM | 132.66K | SH | $6.74M 2.51% | 0.00 | 0.00 | 132.66K |
Uber Technologies IncSOLE | COM | 79.42K | SH | $6.49M 2.41% | 0.00 | 0.00 | 79.42K |
Eli Lilly & CoSOLE | COM | 5.75K | SH | $6.18M 2.30% | 0.00 | 0.00 | 5.75K |
Exxon Mobile CorpSOLE | COM | 46.62K | SH | $5.61M 2.09% | 0.00 | 0.00 | 46.62K |
Meta Platforms Inc Cl ASOLE | COM | 8.47K | SH | $5.59M 2.08% | 0.00 | 0.00 | 8.47K |
Caterpillar IncSOLE | COM | 9.69K | SH | $5.55M 2.07% | 0.00 | 0.00 | 9.69K |
Oneok IncSOLE | COM | 73.61K | SH | $5.41M 2.01% | 0.00 | 0.00 | 73.61K |
Sharkninja IncSOLE | COM | 39.96K | SH | $4.47M 1.66% | 0.00 | 0.00 | 39.96K |
Jpmorgan Chase & CoSOLE | COM | 13.17K | SH | $4.24M 1.58% | 0.00 | 0.00 | 13.17K |
Home Depot IncSOLE | COM | 11.21K | SH | $3.86M 1.44% | 0.00 | 0.00 | 11.21K |
Draftkings Inc Cl ASOLE | COM | 111.39K | SH | $3.84M 1.43% | 0.00 | 0.00 | 111.39K |
Abbvie IncSOLE | COM | 16.23K | SH | $3.71M 1.38% | 0.00 | 0.00 | 16.23K |
Micron Technology IncSOLE | COM | 12.88K | SH | $3.67M 1.37% | 0.00 | 0.00 | 12.88K |
Millrose Properties Inc Cl ASOLE | COM | 112.39K | SH | $3.36M 1.25% | 0.00 | 0.00 | 112.39K |
Eagle Materials IncSOLE | COM | 15.70K | SH | $3.24M 1.21% | 0.00 | 0.00 | 15.70K |
Cleveland-Cliffs IncSOLE | COM | 243.80K | SH | $3.24M 1.20% | 0.00 | 0.00 | 243.80K |
Wal-Mart IncSOLE | COM | 28.25K | SH | $3.15M 1.17% | 0.00 | 0.00 | 28.25K |
Expand Energy CorporationSOLE | COM | 27.69K | SH | $3.06M 1.14% | 0.00 | 0.00 | 27.69K |
Citigroup Inc NewSOLE | COM | 26.14K | SH | $3.05M 1.14% | 0.00 | 0.00 | 26.14K |
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