Latest First Dallas Securities Inc. Stock Portfolio

First Dallas Securities Inc. Performance:

2024 Q3: 4.52%YTD: 8.37%2023: 7.17%

Performance for 2024 Q3 is 4.52%, and YTD is 8.37%, and 2023 is 7.17%.

About First Dallas Securities Inc. and 13F Hedge Fund Stock Holdings

First Dallas Securities Inc. is a hedge fund based in DALLAS, TX. On 17-Oct-2022, the fund reported that it had an AUM (Regulated Assets under Management) of $221.1 Millions. In it's latest 13F Holdings report, First Dallas Securities Inc. reported an equity portfolio of $239.3 Millions as of 30 Sep, 2024.

The top stock holdings of First Dallas Securities Inc. are NVDA, TPL, AAPL. The fund has invested 10.5% of it's portfolio in NVIDIA CORPORATION and 9.7% of portfolio in TEXAS PACIFIC LAND CORPORATI.

The fund managers got completely rid off MEDTRONIC PLC (MDT), DELTA AIR LINES INC DEL (DAL) and DOW INC (DOW) stocks. They significantly reduced their stock positions in ENLINK MIDSTREAM LLC (ENLC), ALPHABET INC (GOOG) and NOVO-NORDISK A S. First Dallas Securities Inc. opened new stock positions in CITIGROUP INC (C), MASTEC INC (MTZ) and WHIRLPOOL CORP (WHR). The fund showed a lot of confidence in some stocks as they added substantially to UNITED PARCEL SERVICE INC (UPS), DEVON ENERGY CORP NEW (DVN) and WYNN RESORTS LTD (WYNN).

First Dallas Securities Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that First Dallas Securities Inc. made a return of 4.52% in the last quarter. In trailing 12 months, it's portfolio return was 12.87%.

New Buys

Ticker	$ Bought
citigroup inc	611,242
mastec inc	461,625
whirlpool corp	436,025
broadcom inc	417,450
deere & co	350,557
netflix inc	326,264
portillos inc	299,708
life360 inc	273,483

New stocks bought by First Dallas Securities Inc.

Additions

Ticker	% Inc.
united parcel service inc	476
devon energy corp new	183
wynn resorts ltd	124
lockheed martin corp	86.96
schlumberger ltd	85.85
symbotic inc	61.19
alphabet inc	44.71
global med reit inc	27.97

Additions to existing portfolio by First Dallas Securities Inc.

Reductions

Ticker	% Reduced
enlink midstream llc	-52.48
alphabet inc	-52.47
novo-nordisk a s	-48.3
topgolf callaway brands corp	-46.6
shift4 pmts inc	-45.65
on hldg ag	-28.81
chevron corp new	-26.58
eagle matls inc	-25.64

First Dallas Securities Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
ford mtr co del	-238,897
doubleverify hldgs inc	-254,570
ironwood pharmaceuticals inc	-73,350
evolent health inc	-194,068
cinemark hldgs inc	-207,552
sitio royalties corp	-208,524
delta air lines inc del	-412,965
dow inc	-394,207

First Dallas Securities Inc. got rid off the above stocks

Sector Distribution

First Dallas Securities Inc. has about 28.2% of it's holdings in Technology sector.

Sector	%
Technology	28.2
Others	12.3
Consumer Cyclical	10.8
Energy	9.8
Industrials	7.8
Healthcare	6.5
Financial Services	6.4
Basic Materials	5.7
Communication Services	4
Utilities	3.8
Consumer Defensive	3.4

Market Cap. Distribution

First Dallas Securities Inc. has about 73.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	40.9
LARGE-CAP	32.3
UNALLOCATED	12.3
MID-CAP	11.4
SMALL-CAP	2.9

Stocks belong to which Index?

About 74.6% of the stocks held by First Dallas Securities Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	70.6
Others	25.4
RUSSELL 2000	4

Top 5 Winners (%)		%
SNBR	sleep number corp	91.4 %
BLDR	builders firstsource inc	40.1 %
MMM	3m co	33.4 %
VST	vistra corp	28.8 %
EXP	eagle matls inc	28.2 %

Top 5 Winners ($)		$
AAPL	apple inc	1.6 M
EXP	eagle matls inc	1.2 M
IBM	international business machs	0.9 M
VST	vistra corp	0.9 M
GNRC	generac hldgs inc	0.7 M

Top 5 Losers (%)		%
SYM	symbotic inc	-21.5 %
MU	micron technology inc	-21.1 %
MTDR	matador res co	-17.1 %
BA	boeing co	-16.1 %
PR	permian resources corp	-15.4 %

Top 5 Losers ($)		$
BA	boeing co	-0.5 M
CLF	cleveland-cliffs inc new	-0.4 M
MU	micron technology inc	-0.4 M
NVDA	nvidia corporation	-0.4 M
MSFT	microsoft corp	-0.3 M

First Dallas Securities Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of First Dallas Securities Inc.

First Dallas Securities Inc. has 119 stocks in it's portfolio. About 45.4% of the portfolio is in top 10 stocks. BA proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for First Dallas Securities Inc. last quarter.

Last Reported on: 18 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	6.95	71,398	16,635,800	added	0.08

ABBV	abbvie inc	1.46	17,625	3,480,540	reduced	-5.14

ABNB	airbnb inc	0.47	8,930	1,132,410	added	25.25

AEE	ameren corp	0.21	5,725	500,722	reduced	-8.95

AEP	american elec pwr co inc	0.50	11,645	1,194,740	reduced	-3.7

AMD	advanced micro devices inc	0.17	2,500	410,200	reduced	-19.35

AMGN	amgen inc	1.08	7,989	2,574,270	reduced	-15.45

AMZN	amazon com inc	2.20	28,238	5,261,590	added	12.51

ATO	atmos energy corp	0.28	4,920	682,427	reduced	-11.29

AVGO	broadcom inc	0.17	2,420	417,450	new

AXP	american express co	0.99	8,696	2,358,330	reduced	-18.65

BA	boeing co	1.06	16,741	2,545,300	reduced	-2.82

BAC	bank america corp	0.83	50,079	1,987,130	reduced	-7.56

BANC	banc of california inc	0.38	61,975	912,892	added	15.36

BLDR	builders firstsource inc	0.21	2,550	494,343	unchanged	0.00

BX	blackstone inc	0.53	8,322	1,274,310	reduced	-5.87

C	citigroup inc	0.26	9,764	611,242	new

CAT	caterpillar inc	1.61	9,847	3,851,550	reduced	-1.98

CFR	cullen frost bankers inc	0.18	3,928	439,386	reduced	-4.84

CHK	chesapeake energy corp	0.85	24,702	2,031,710	reduced	-17.57