First Dallas Securities
DALLAS, TXfiles as First Dallas Securities Inc.
$303m in 125 US stocks at the end of 30 June 2026. The top 10 are 45.7% of the money. It changed about 11.6% of the portfolio this quarter.
Value
$303m
Stocks
125
Top 10 share
45.7%
Turnover
11.6%
What changed this quarter
New
Bought for the first time this quarter.
- AARAIR1.2% of the fund
- Kimberly-ClarkKMB0.4% of the fund
- AlphabetGOOGL0.4% of the fund
- Novo Nordisk A SNVO0.3% of the fund
- Tractor SupplyTSCO0.3% of the fund
- SailPointSAIL0.2% of the fund
- InsuletPODD0.2% of the fund
- Owens CorningOC0.2% of the fund
- Ulta BeautyULTA0.1% of the fund
- Ceco EnvironmentalCECO0.1% of the fund
- United Airlines HoldingsUAL0.1% of the fund
- American Airlines GroupAAL0.1% of the fund
- Rivian AutomotiveRIVN<0.1% of the fund
- Comstock ResourcesCRK<0.1% of the fund
- Honeywell InternationalHON<0.1% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- Vishay Precision GroupVPG<0.1% of the fund
- Capital One FinancialCOF<0.1% of the fund
- Procter & GamblePG<0.1% of the fund
Added
Bought more of a stock they already held.
- Amazon.comAMZN3.4% of the fund+9%
- Ryman Hospitality PropertiesRHP1.6% of the fund+3%
- Home DepotHD1.4% of the fund+3%
- Applied MaterialsAMAT1.0% of the fund+2%
- Expand EnergyEXE1.0% of the fund+8%
- AlphabetGOOG0.9% of the fund+3%
- Viking HoldingsVIK0.8% of the fund+92%
- FrontView REITFVR0.8% of the fund+20%
- First Watch Restaurant GroupFWRG0.8% of the fund+6%
- BroadcomAVGO0.7% of the fund+13%
- Ethan Allen InteriorsETD0.5% of the fund+20%
- Southwest AirlinesLUV0.5% of the fund+94%
- MerckMRK0.5% of the fund+11%
- TwilioTWLO0.4% of the fund+250%
- Vail ResortsMTN0.4% of the fund+45%
- General ElectricGE0.4% of the fund+233%
- IPG PhotonicsIPGP0.3% of the fund+107%
- VistraVST0.2% of the fund+8%
- On Holding AGONON0.2% of the fund+5%
- Gildan ActivewearGIL0.2% of the fund+21%
- Matador ResourcesMTDR0.2% of the fund+3%
- Clear SecureYOU0.1% of the fund+4%
Cut
Sold some of their stake.
- Texas Pacific LandTPL8.3% of the fund-4%
- CaterpillarCAT2.8% of the fund-7%
- Freeport-McMoRanFCX2.5% of the fund-2%
- Micron TechnologyMU2.2% of the fund-28%
- OneokOKE1.9% of the fund-8%
- Uber TechnologiesUBER1.8% of the fund-5%
- Eli LillyLLY1.7% of the fund-19%
- SharkNinjaSN1.7% of the fund-4%
- Meta PlatformsMETA1.5% of the fund-3%
- Johnson & JohnsonJNJ1.3% of the fund-4%
- CitigroupC1.3% of the fund-4%
- Eagle MaterialsEXP1.2% of the fund-2%
- TerawulfWULF1.1% of the fund-9%
- MicrosoftMSFT1.1% of the fund-15%
- Taiwan Semiconductor ManufacturingTSM1.1% of the fund-3%
- WalmartWMT1.0% of the fund-2%
- Costco WholesaleCOST0.8% of the fund-5%
- MastecMTZ0.7% of the fund-29%
- Powell IndustriesPOWL0.6% of the fund-28%
- Cleveland-CliffsCLF0.6% of the fund-21%
- Bank of AmericaBAC0.6% of the fund-11%
- Carpenter TechnologyCRS0.5% of the fund-13%
- KirbyKEX0.5% of the fund-14%
- Wells Fargo & CompanyWFC0.5% of the fund-9%
- AmgenAMGN0.5% of the fund-2%
Sold out
Sold their entire stake.
- International Business MachinesIBM-100%
- ArcosaACA-100%
- Honeywell InternationalHON-100%
- CoreCivicCXW-100%
- Brinker InternationalEAT-100%
- RHRH-100%
- McDonald'sMCD-100%
- Circle Internet GroupCRCL-100%
- Navigator HoldingsNVGS-100%
- OndasONDS-100%
- Intuitive SurgicalISRG-100%
- Genius SportsGENI-100%
Holdings
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.2%
- Value
- $748,850
- Shares
- 1
Held
- Gildan ActivewearGIL
- Share
- 0.2%
- Value
- $598,560
- Shares
- 11,600
+21%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 13.8% | $42m | 208,547 | Held |
| Texas Pacific LandTPL | 8.3% | $25m | 57,135 | -4% |
| AppleAAPL | 6.4% | $19m | 67,352 | Held |
| Amazon.comAMZN | 3.4% | $10m | 43,126 | +9% |
| CaterpillarCAT | 2.8% | $9m | 8,087 | -7% |
| Freeport-McMoRanFCX | 2.5% | $8m | 122,137 | -2% |
| BoeingBA | 2.3% | $7m | 32,657 | Held |
| Micron TechnologyMU | 2.2% | $7m | 5,695 | -28% |
| ExxonMobil HoldingsXOM | 2.0% | $6m | 43,692 | Held |
| OneokOKE | 1.9% | $6m | 66,126 | -8% |
| Uber TechnologiesUBER | 1.8% | $5m | 73,705 | -5% |
| Eli LillyLLY | 1.7% | $5m | 4,359 | -19% |
| SharkNinjaSN | 1.7% | $5m | 34,135 | -4% |
| Ryman Hospitality PropertiesRHP | 1.6% | $5m | 37,068 | +3% |
| Meta PlatformsMETA | 1.5% | $4m | 7,893 | -3% |
| Home DepotHD | 1.4% | $4m | 12,340 | +3% |
| JPMorgan ChaseJPM | 1.4% | $4m | 13,219 | Held |
| Johnson & JohnsonJNJ | 1.3% | $4m | 15,944 | -4% |
| CitigroupC | 1.3% | $4m | 28,690 | -4% |
| AARAIR | 1.2% | $4m | 26,305 | New |
| Eagle MaterialsEXP | 1.2% | $4m | 16,100 | -2% |
| TerawulfWULF | 1.1% | $3m | 139,750 | -9% |
| MicrosoftMSFT | 1.1% | $3m | 9,100 | -15% |
| Taiwan Semiconductor ManufacturingTSM | 1.1% | $3m | 7,079 | -3% |
| Millrose PropertiesMRP | 1.1% | $3m | 110,600 | Held |
| United Parcel ServiceUPS | 1.1% | $3m | 29,915 | Held |
| Applied MaterialsAMAT | 1.0% | $3m | 4,275 | +2% |
| WalmartWMT | 1.0% | $3m | 27,254 | -2% |
| Expand EnergyEXE | 1.0% | $3m | 33,574 | +8% |
| AlphabetGOOG | 0.9% | $3m | 7,620 | +3% |
| Viking HoldingsVIK | 0.8% | $2m | 23,850 | +92% |
| FrontView REITFVR | 0.8% | $2m | 114,700 | +20% |
| First Watch Restaurant GroupFWRG | 0.8% | $2m | 177,250 | +6% |
| Costco WholesaleCOST | 0.8% | $2m | 2,434 | -5% |
| MastecMTZ | 0.7% | $2m | 5,310 | -29% |
| Capital SouthwestCSWC | 0.7% | $2m | 90,468 | Held |
| BroadcomAVGO | 0.7% | $2m | 5,355 | +13% |
| Powell IndustriesPOWL | 0.6% | $2m | 6,850 | -28% |
| Xcel EnergyXEL | 0.6% | $2m | 23,245 | Held |
| Cleveland-CliffsCLF | 0.6% | $2m | 189,500 | -21% |
| Bank of AmericaBAC | 0.6% | $2m | 30,492 | -11% |
| Carpenter TechnologyCRS | 0.5% | $2m | 2,660 | -13% |
| Ethan Allen InteriorsETD | 0.5% | $2m | 71,681 | +20% |
| Southwest AirlinesLUV | 0.5% | $2m | 30,975 | +94% |
| AT&TT | 0.5% | $2m | 74,410 | Held |
| MerckMRK | 0.5% | $2m | 11,944 | +11% |
| American ExpressAXP | 0.5% | $2m | 4,441 | Held |
| KirbyKEX | 0.5% | $1m | 11,015 | -14% |
| Wells Fargo & CompanyWFC | 0.5% | $1m | 18,093 | -9% |
| AmgenAMGN | 0.5% | $1m | 4,064 | -2% |
| American Electric PowerAEP | 0.5% | $1m | 10,645 | -3% |
| DraftKingsDKNG | 0.5% | $1m | 56,840 | -41% |
| Commercial MetalsCMC | 0.5% | $1m | 22,215 | Held |
| Dell TechnologiesDELL | 0.5% | $1m | 3,159 | -9% |
| Banc of CaliforniaBANC | 0.4% | $1m | 64,725 | -8% |
| TwilioTWLO | 0.4% | $1m | 6,300 | +250% |
| GEO GroupGEO | 0.4% | $1m | 43,920 | -36% |
| Kimberly-ClarkKMB | 0.4% | $1m | 11,600 | New |
| Vail ResortsMTN | 0.4% | $1m | 9,325 | +45% |
| Goldman Sachs GroupGS | 0.4% | $1m | 1,250 | Held |
| Permian ResourcesPR | 0.4% | $1m | 64,750 | -5% |
| WhirlpoolWHR | 0.4% | $1m | 29,157 | -47% |
| Duke EnergyDUK | 0.4% | $1m | 8,808 | Held |
| General ElectricGE | 0.4% | $1m | 2,957 | +233% |
| AlphabetGOOGL | 0.4% | $1m | 3,078 | New |
| Verizon CommunicationsVZ | 0.3% | $1m | 24,315 | -2% |
| Palo Alto NetworksPANW | 0.3% | $1m | 3,010 | -3% |
| Novo Nordisk A SNVO | 0.3% | $1m | 20,967 | New |
| FedExFDX | 0.3% | $973,834 | 3,110 | Held |
| TeslaTSLA | 0.3% | $910,599 | 2,165 | -13% |
| Charles SchwabSCHW | 0.3% | $909,006 | 9,852 | Held |
| Morgan StanleyMS | 0.3% | $849,120 | 4,062 | -20% |
| AbbVieABBV | 0.3% | $821,605 | 3,265 | -19% |
| IPG PhotonicsIPGP | 0.3% | $812,441 | 6,925 | +107% |
| Coca-ColaKO | 0.3% | $784,941 | 9,658 | -3% |
| Healthcare Realty TrustHR | 0.3% | $774,629 | 38,405 | Held |
| Atmos EnergyATO | 0.3% | $769,240 | 4,465 | Held |
| Tractor SupplyTSCO | 0.3% | $766,542 | 24,250 | New |
| Berkshire Hathaway INC DELBRK-A | 0.2% | $748,850 | 1 | Held |
| Truist FinancialTFC | 0.2% | $730,895 | 14,671 | Held |
| VistraVST | 0.2% | $730,174 | 4,603 | +8% |
| Palantir TechnologiesPLTR | 0.2% | $722,654 | 6,194 | -11% |
| On Holding AGONON | 0.2% | $694,232 | 19,600 | +5% |
| Simon Property GroupSPG | 0.2% | $693,315 | 3,100 | Held |
| NetflixNFLX | 0.2% | $659,593 | 9,238 | -19% |
| Berkshire HathawayBRK-B | 0.2% | $651,508 | 1,302 | Held |
| Gildan ActivewearGIL | 0.2% | $598,560 | 11,600 | +21% |
| RTXRTX | 0.2% | $589,869 | 3,109 | -6% |
| AmerenAEE | 0.2% | $589,693 | 5,217 | Held |
| BlackstoneBX | 0.2% | $569,758 | 4,842 | -26% |
| SailPointSAIL | 0.2% | $564,372 | 38,550 | New |
| Southern CompanySO | 0.2% | $543,154 | 5,675 | Held |
| InsuletPODD | 0.2% | $525,262 | 3,450 | New |
| Matador ResourcesMTDR | 0.2% | $523,927 | 10,525 | +3% |
| Owens CorningOC | 0.2% | $492,776 | 3,100 | New |
| Hewlett Packard EnterpriseHPE | 0.2% | $492,080 | 10,908 | -56% |
| Texas InstrumentsTXN | 0.2% | $480,940 | 1,614 | Held |
| Cullen/frost BankersCFR | 0.2% | $460,161 | 2,978 | -9% |
| Vertiv HoldingsVRT | 0.1% | $390,158 | 1,165 | -13% |
| Clear SecureYOU | 0.1% | $384,537 | 6,900 | +4% |
Showing the largest 100 of 125.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 19.6% since 30 June 2025.
Where the money is
Technology29.6%
Industrials14.5%
Energy14.0%
Retail & consumer10.8%
Financial services7.8%
Health care4.9%
Materials4.8%
Real estate4.0%
Media & telecom3.8%
Everyday goods2.6%
Utilities2.3%
Other1.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.