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
+13.32%
1 Year Est. Return
+39.24%
3 Year Est. Return
+133.73%
5 Year Est. Return
+182.89%
10 Year Est. Return
–
AUM
$253M
AUM Growth
+$13.7M
Cap. Flow
-$5.4M
Cap. Flow %
-2.14%
Top 10 Hldgs %
47.49%
Holding
129
New
17
Increased
28
Reduced
68
Closed
6

Top Buys

Rank Stock Value
1
BA icon
Boeing
BA
+$2.28M
2
MRP
Millrose Properties Inc
MRP
+$1.51M
3
RHP icon
Ryman Hospitality Properties
RHP
+$1.19M
4
SN icon
SharkNinja
SN
+$881K
5
C icon
Citigroup
C
+$859K

Top Sells

Rank Stock Value
1
ET icon
Energy Transfer Partners
ET
+$3.38M
2
TPL icon
Texas Pacific Land
TPL
+$2.31M
3
WYNN icon
Wynn Resorts
WYNN
+$1.12M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$966K
5
VST icon
Vistra
VST
+$781K

Sector Composition

Rank Sector Weight
1 Technology 30.44%
2 Energy 16.59%
3 Consumer Discretionary 12.55%
4 Industrials 9.6%
5 Financials 8.44%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NBIS
101
Nebius Group N.V.
NBIS
$43.1B
$315K 0.12%
+5,700
New +$196K
PEP icon
102
PepsiCo
PEP
$195B
$308K 0.12%
2,336
-396
-14% -$53.3K
COP icon
103
ConocoPhillips
COP
$139B
$284K 0.11%
3,168
-730
-19% -$65.7K
GOOG icon
104
Alphabet (Google) Class C
GOOG
$4.07T
$283K 0.11%
1,595
-5,845
-79% -$966K
ETN icon
105
Eaton
ETN
$150B
$278K 0.11%
+780
New +$240K
CVX icon
106
Chevron
CVX
$374B
$275K 0.11%
1,924
-950
-33% -$134K
PG icon
107
Procter & Gamble
PG
$347B
$273K 0.11%
1,715
-50
-3% -$8.16K
LMT icon
108
Lockheed Martin
LMT
$134B
$266K 0.11%
575
– –
GEV icon
109
GE Vernova
GEV
$251B
$249K 0.1%
+471
New +$196K
EQT icon
110
EQT Corp
EQT
$32.3B
$236K 0.09%
4,040
-300
-7% -$16.2K
GE icon
111
GE Aerospace
GE
$377B
$228K 0.09%
+887
New +$195K
URI icon
112
United Rentals
URI
$67.9B
$226K 0.09%
300
-20
-6% -$13.4K
TFIN icon
113
Triumph Financial Inc
TFIN
$1.84B
$225K 0.09%
4,075
-200
-5% -$11.1K
GNRC icon
114
Generac Holdings
GNRC
$11.5B
$222K 0.09%
+1,550
New +$189K
GENI icon
115
Genius Sports
GENI
$1.95B
$218K 0.09%
+21,000
New +$210K
V icon
116
Visa
V
$697B
$213K 0.08%
+600
New +$209K
FANG icon
117
Diamondback Energy
FANG
$53.5B
$213K 0.08%
1,550
-990
-39% -$137K
UAL icon
118
United Airlines
UAL
$40.2B
$207K 0.08%
+2,600
New +$192K
TTWO icon
119
Take-Two Interactive
TTWO
$46.3B
$200K 0.08%
+825
New +$186K
AIOT
120
PowerFleet Inc
AIOT
$525M
$166K 0.07%
38,500
+8,000
+26% +$39.5K
XRN
121
Chiron Real Estate Inc
XRN
$541M
$111K 0.04%
3,200
-4,400
-58% -$153K
SFIX
122
Stitch Fix
SFIX
$563M
$37K 0.01%
+10,000
New +$37.4K
BLDR icon
123
Builders FirstSource
BLDR
$7.93B
– –
-1,600
Closed -$200K
DRI icon
124
Darden Restaurants
DRI
$23.7B
– –
-1,200
Closed -$249K
ET icon
125
Energy Transfer Partners
ET
$69.5B
– –
-181,899
Closed -$3.38M
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 Q2 2025 Portfolio in Review

As of Q2 2025, First Dallas Securities held 129 positions worth $253M, up 5.7% from $239M the previous quarter. Its ten largest holdings account for 47% of the portfolio.

First Dallas Securities's Q2 2025 filing shows 17 new, 28 increased, 68 reduced and 6 closed positions. Its largest new stake was Millrose Properties Inc: 56,980 shares worth $1.62M. The largest sale was Energy Transfer Partners, an estimated $3.38M.

By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 26% a quarter earlier, followed by Energy and Consumer Discretionary.

  • First Dallas Securities's largest Q2 2025 buy was Millrose Properties Inc: 56,980 shares worth $1.62M.
  • First Dallas Securities added most to Boeing in Q2 2025, an estimated $2.28M increase.
  • First Dallas Securities's biggest Q2 2025 reduction was Texas Pacific Land, cutting an estimated $2.31M.
  • First Dallas Securities fully exited Energy Transfer Partners in Q2 2025, selling an estimated $3.38M.
  • First Dallas Securities's ten largest holdings make up 47% of its $253M portfolio in Q2 2025.
  • First Dallas Securities opened 17 new positions and closed 6 in Q2 2025.
  • First Dallas Securities's portfolio value rose 5.7% quarter-over-quarter to $253M.

Based on First Dallas Securities's 13F filing for Q2 2025, filed 7 Aug 2025.