We are live on ! Find out more
FDS

First Dallas Securities Portfolio holdings

AUM $270M
1-Year Est. Return 39.24%
This Fund
S&P 500
This Quarter Est. Return
+9.83%
1 Year Est. Return
+39.24%
3 Year Est. Return
+133.73%
5 Year Est. Return
+182.89%
10 Year Est. Return
–
AUM
$267M
AUM Growth
+$13.9M
Cap. Flow
-$2.32M
Cap. Flow %
-0.87%
Top 10 Hldgs %
47.24%
Holding
127
New
4
Increased
42
Reduced
48
Closed
14

Top Buys

Rank Stock Value
1
UNH icon
UnitedHealth
UNH
+$2.31M
2
RHP icon
Ryman Hospitality Properties
RHP
+$1.3M
3
MRP
Millrose Properties Inc
MRP
+$1.14M
4
LLY icon
Eli Lilly
LLY
+$1.12M
5
GEO icon
The GEO Group
GEO
+$1.06M

Top Sells

Rank Stock Value
1
WYNN icon
Wynn Resorts
WYNN
+$3.45M
2
IBM icon
IBM
IBM
+$2.02M
3
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$1.41M
4
TPL icon
Texas Pacific Land
TPL
+$1.34M
5
DVN icon
Devon Energy
DVN
+$754K

Sector Composition

Rank Sector Weight
1 Technology 32.07%
2 Energy 13.67%
3 Consumer Discretionary 10.34%
4 Industrials 10.14%
5 Financials 9.47%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NFLX icon
76
Netflix
NFLX
$301B
$587K 0.22%
4,900
+300
+7% +$36.6K
SPG icon
77
Simon Property Group
SPG
$76.8B
$582K 0.22%
3,100
– –
SO icon
78
Southern Company
SO
$109B
$571K 0.21%
6,020
-1,000
-14% -$93.4K
ONON icon
79
On Holding
ONON
$12.6B
$569K 0.21%
13,440
-500
-4% -$23.8K
AEE icon
80
Ameren
AEE
$31.1B
$544K 0.2%
5,215
-11
-0.2% -$1.1K
DELL icon
81
Dell
DELL
$253B
$542K 0.2%
3,820
+25
+0.7% +$3.24K
MTDR icon
82
Matador Resources
MTDR
$5.73B
$537K 0.2%
11,952
+7
+0.1% +$342
PANW icon
83
Palo Alto Networks
PANW
$260B
$521K 0.2%
2,560
– –
HON icon
84
Honeywell
HON
$78.3B
$495K 0.19%
2,493
– –
LIF
85
Life360
LIF
$4.59B
$489K 0.18%
4,600
-450
-9% -$37.9K
TFC icon
86
Truist Financial
TFC
$64.7B
$489K 0.18%
10,686
+1,011
+10% +$45.6K
VRNS icon
87
Varonis Systems
VRNS
$5.13B
$471K 0.18%
+8,200
New +$455K
RTX icon
88
RTX Corp
RTX
$295B
$431K 0.16%
2,578
+150
+6% +$23.3K
AVGO icon
89
Broadcom
AVGO
$1.81T
$419K 0.16%
1,270
-300
-19% -$92K
CFR icon
90
Cullen/Frost Bankers
CFR
$10.5B
$416K 0.16%
3,278
– –
FDX icon
91
FedEx
FDX
$74B
$409K 0.15%
1,735
-277
-14% -$63.9K
TTWO icon
92
Take-Two Interactive
TTWO
$46.3B
$407K 0.15%
1,575
+750
+91% +$178K
MCD icon
93
McDonald's
MCD
$194B
$395K 0.15%
1,300
-375
-22% -$114K
WHR icon
94
Whirlpool
WHR
$2.49B
$364K 0.14%
4,628
-7,899
-63% -$725K
DVN icon
95
Devon Energy
DVN
$49.2B
$337K 0.13%
9,623
-22,146
-70% -$754K
LUV icon
96
Southwest Airlines
LUV
$22.7B
$323K 0.12%
10,125
– –
PEP icon
97
PepsiCo
PEP
$195B
$309K 0.12%
2,202
-134
-6% -$19.1K
CVX icon
98
Chevron
CVX
$374B
$299K 0.11%
1,924
– –
TXN icon
99
Texas Instruments
TXN
$253B
$296K 0.11%
1,611
+1
+0.1% +$196
ETN icon
100
Eaton
ETN
$150B
$292K 0.11%
780
– –
2 3
4
5 6

Similar funds

VW
Veridan Wealth West Linn, Oregon $270M AUM
PCM
Punch Card Management Winter Park, Florida $271M AUM 11.49% 1-Year Est. Return
RP
Ravenswood Partners Mclean, Virginia $271M AUM
MCM
Moerus Capital Management New York $271M AUM 58.78% 1-Year Est. Return
MLM
Mount Lucas Management Newtown, Pennsylvania $271M AUM 25.49% 1-Year Est. Return
AFG
American Financial Group Cincinnati, Ohio $270M AUM 3.25% 1-Year Est. Return
MAM
Mullooly Asset Management Wall Township, New Jersey $271M AUM 16.93% 1-Year Est. Return
FCMV
Foresite Capital Management V Larkspur, California $271M AUM 309.87% 1-Year Est. Return

First Dallas Securities's Q3 2025 Portfolio in Review

As of Q3 2025, First Dallas Securities held 127 positions worth $267M, up 5.5% from $253M the previous quarter. Its ten largest holdings account for 47% of the portfolio.

First Dallas Securities's Q3 2025 filing shows 4 new, 42 increased, 48 reduced and 14 closed positions. Its largest new stake was UnitedHealth: 7,641 shares worth $2.64M. The largest sale was Wynn Resorts, an estimated $3.45M.

By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 30% a quarter earlier, followed by Energy and Consumer Discretionary.

  • First Dallas Securities's largest Q3 2025 buy was UnitedHealth: 7,641 shares worth $2.64M.
  • First Dallas Securities added most to Ryman Hospitality Properties in Q3 2025, an estimated $1.3M increase.
  • First Dallas Securities's biggest Q3 2025 reduction was IBM, cutting an estimated $2.02M.
  • First Dallas Securities fully exited Wynn Resorts in Q3 2025, selling an estimated $3.45M.
  • First Dallas Securities's ten largest holdings make up 47% of its $267M portfolio in Q3 2025.
  • First Dallas Securities opened 4 new positions and closed 14 in Q3 2025.
  • First Dallas Securities's portfolio value rose 5.5% quarter-over-quarter to $267M.

Based on First Dallas Securities's 13F filing for Q3 2025, filed 5 Nov 2025.