Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| TEXAS PACIFIC LAND CORPORATI(TPL) | 10,333,762 | 10,015,379 | -318,383 | 2,968,063 | 4,752,898 | 51.49% | +1,784,835 |
| LANDBRIDGE COMPANY LLC(LB) | 5,642,766 | 5,657,134 | +14,368 | 276,439 | 390,625 | 4.23% | +114,186 |
| HAWAIIAN ELEC INDS INC MTN B(HE) | 19,392,363 | 21,635,294 | +2,242,931 | 238,526 | 321,068 | 3.48% | +82,542 |
| WATERBRIDGE INFRASTRUCTURE L(WBI) | 6,837,520 | 7,342,147 | +504,627 | 136,819 | 196,696 | 2.13% | +59,877 |
| MIAMI INTL HLDGS INC(MIAX) | 1,819,798 | 3,451,549 | +1,631,751 | 80,763 | 134,334 | 1.46% | +53,572 |
| PERMIAN BASIN RTY TR(PBT) | 6,187,800 | 6,379,692 | +191,892 | 105,069 | 137,291 | 1.49% | +32,222 |
| CHENIERE ENERGY INC(LNG) | 463,329 | 420,328 | -43,001 | 90,067 | 119,272 | 1.29% | +29,206 |
| CBOE GLOBAL MKTS INC(CBOE) | 408,398 | 410,066 | +1,668 | 102,508 | 115,257 | 1.25% | +12,749 |
| VIPER ENERGY INC(VNOM) | 1,714,904 | 1,662,641 | -52,263 | 66,247 | 78,128 | 0.85% | +11,881 |
| BUNGE GLOBAL SA(BG) | 348,994 | 336,944 | -12,050 | 31,088 | 42,859 | 0.46% | +11,771 |
| HORIZON KINETICS HLDG CORP COM(HKHC) | 1,075,313 | 1,075,416 | +103 | 25,270 | 35,489 | 0.38% | +10,219 |
| CAMECO CORP(CCJ) | 674,096 | 651,825 | -22,271 | 61,673 | 70,795 | 0.77% | +9,122 |
| SPROTT INC(SII) | 214,626 | 206,997 | -7,629 | 21,016 | 29,580 | 0.32% | +8,564 |
| RB GLOBAL INC(RBA) | 107,627 | 186,731 | +79,104 | 11,072 | 17,898 | 0.19% | +6,827 |
| CIVEO CORP CDA(CVEO) | 2,449,487 | 2,352,353 | -97,134 | 56,020 | 62,243 | 0.67% | +6,223 |
| TEJON RANCH CO(TRC) | 1,912,573 | 1,902,606 | -9,967 | 30,161 | 35,845 | 0.39% | +5,684 |
| EA SERIES TRUST ALPHA ARCH 1-3 | 0 | 47,475 | +47,475 | 0 | 5,521 | 0.06% | +5,521 |
| CME GROUP INC(CME) | 275,611 | 270,253 | -5,358 | 75,264 | 79,819 | 0.86% | +4,555 |
| NATURAL RESOURCE PARTNERS LP(NRP) | 24,865 | 57,871 | +33,006 | 2,596 | 7,002 | 0.08% | +4,406 |
| CONSENSUS MINING & SEIGNIORAGE CORP COM | 0 | 164,593 | +164,593 | 0 | 4,279 | 0.05% | +4,279 |
| DORCHESTER MINERALS L P(DMLP) | 875,662 | 860,226 | -15,436 | 19,580 | 23,312 | 0.25% | +3,732 |
| ALPS ETF TR ALERIAN MLP | 60,307 | 106,520 | +46,213 | 2,836 | 5,607 | 0.06% | +2,772 |
| ROYALTY PHARMA PLC(RPRX) | 353,361 | 340,783 | -12,578 | 13,654 | 16,347 | 0.18% | +2,693 |
| OR ROYALTIES INC.(OR) | 1,815,024 | 1,754,144 | -60,880 | 64,234 | 66,693 | 0.72% | +2,459 |
| OSHKOSH CORP(OSK) | 116,193 | 115,789 | -404 | 14,597 | 17,045 | 0.18% | +2,448 |
| FERMI INC(FRMI) | 108,701 | 532,426 | +423,725 | 870 | 3,109 | 0.03% | +2,240 |
| EXXON MOBIL CORP | 38,580 | 39,692 | +1,112 | 4,643 | 6,734 | 0.07% | +2,091 |
| PLAINS ALL AMERN PIPELINE L(PAA) | 0 | 90,209 | +90,209 | 0 | 2,014 | 0.02% | +2,014 |
| LIBERTY ENERGY INC(LBRT) | 342,711 | 288,222 | -54,489 | 6,326 | 8,301 | 0.09% | +1,974 |
| WILLIAMS COS INC(WMB) | 137,321 | 138,301 | +980 | 8,254 | 10,066 | 0.11% | +1,811 |
| ENERGY TRANSFER L P(ET) | 359,648 | 398,708 | +39,060 | 5,931 | 7,695 | 0.08% | +1,764 |
| HUBBELL INC(HUBB) | 0 | 3,532 | +3,532 | 0 | 1,733 | 0.02% | +1,733 |
| WESTERN MIDSTREAM PARTNERS L(WES) | 134,085 | 169,744 | +35,659 | 5,296 | 6,988 | 0.08% | +1,692 |
| WHITE MTNS INS GROUP LTD COM | 13,121 | 13,112 | -9 | 27,266 | 28,807 | 0.31% | +1,541 |
| MADISON SQUARE GRDN SPRT COR(MSGS) | 23,344 | 23,347 | +3 | 6,038 | 7,504 | 0.08% | +1,466 |
| ALLIANCE RESOURCE PARTNERS L(ARLP) | 64,141 | 104,709 | +40,568 | 1,490 | 2,895 | 0.03% | +1,405 |
| TRI POINTE HOMES INC COM | 85,962 | 85,966 | +4 | 2,705 | 4,017 | 0.04% | +1,312 |
| SUNCOR ENERGY INC NEW(SU) | 54,777 | 56,237 | +1,460 | 2,430 | 3,718 | 0.04% | +1,288 |
| PATTERSON-UTI ENERGY INC(PTEN) | 258,608 | 258,608 | 0 | 1,580 | 2,801 | 0.03% | +1,221 |
| ST JOE CO(JOE) | 554,837 | 542,609 | -12,228 | 32,941 | 34,076 | 0.37% | +1,135 |
| GENERAL MILLS INC(GIS) | 0 | 30,090 | +30,090 | 0 | 1,120 | 0.01% | +1,120 |
| BLACKROCK MUNIYIELD QUALITY | 102,099 | 207,994 | +105,895 | 1,110 | 2,186 | 0.02% | +1,076 |
| ASTRAZENECA PLC(AZN) | 0 | 5,256 | +5,256 | 0 | 1,037 | 0.01% | +1,037 |
| VERTIV HOLDINGS CO(VRT) | 11,025 | 11,025 | 0 | 1,786 | 2,763 | 0.03% | +976 |
| SPHERE ENTERTAINMENT CO(SPHR) | 47,463 | 46,252 | -1,211 | 4,513 | 5,430 | 0.06% | +917 |
| BLACKROCK MUNIYILD QULT FD I(MQY) | 0 | 82,981 | +82,981 | 0 | 911 | 0.01% | +911 |
| CHEVRON CORPORATION(CVX) | 13,328 | 14,018 | +690 | 2,031 | 2,900 | 0.03% | +869 |
| SABINE RTY TR(SBR) | 109,487 | 111,150 | +1,663 | 7,508 | 8,374 | 0.09% | +867 |
| ARCHER DANIELS MIDLAND CO | 60,202 | 59,312 | -890 | 3,461 | 4,311 | 0.05% | +850 |
| LISTED FDS TR HORI KI INFL ETF | 98,980 | 100,352 | +1,372 | 4,401 | 5,224 | 0.06% | +824 |
| INTERPARFUMS INC(IPAR) | 138,558 | 138,333 | -225 | 11,754 | 12,566 | 0.14% | +812 |
| RENN FD INC(RCG) | 865,948 | 912,064 | +46,116 | 2,225 | 2,992 | 0.03% | +766 |
| ENTERPRISE PRODS PARTNERS L(EPD) | 112,063 | 114,820 | +2,757 | 3,593 | 4,345 | 0.05% | +752 |
| ALLIANCEBERNSTEIN HLDG L P(AB) | 193,741 | 217,447 | +23,706 | 7,455 | 8,141 | 0.09% | +686 |
| FREEPORT MCMORAN INC(FCX) | 93,114 | 91,881 | -1,233 | 4,729 | 5,401 | 0.06% | +671 |
| NUTRIEN LTD(NTR) | 51,872 | 51,224 | -648 | 3,202 | 3,865 | 0.04% | +664 |
| CIRCLE INTERNET GROUP INC(CRCL) | 0 | 6,932 | +6,932 | 0 | 661 | 0.01% | +661 |
| BLACKROCK MUNIHOLDINGS FD IN(MHD) | 16,797 | 74,530 | +57,733 | 197 | 841 | 0.01% | +644 |
| JOHNSON & JOHNSON(JNJ) | 15,949 | 15,709 | -240 | 3,301 | 3,840 | 0.04% | +539 |
| PROSHARES TR ULTRAPRO QQQ | 0 | 12,048 | +12,048 | 0 | 502 | 0.01% | +502 |
| PROSHARES TR ULTRAPRO SHORT | 0 | 6,180 | +6,180 | 0 | 497 | 0.01% | +497 |
| EQT CORP(EQT) | 41,253 | 42,521 | +1,268 | 2,211 | 2,706 | 0.03% | +495 |
| LISTED FDS TR HORI KI JAPA ETF | 182,317 | 227,765 | +45,448 | 4,688 | 5,159 | 0.06% | +471 |
| MERCK & CO INC(MRK) | 28,147 | 28,383 | +236 | 2,963 | 3,414 | 0.04% | +451 |
| LISTED FDS TR HORI KIN TEX ETF | 0 | 15,737 | +15,737 | 0 | 443 | 0.00% | +443 |
| MARATHON PETE CORP(MPC) | 5,270 | 5,202 | -68 | 857 | 1,270 | 0.01% | +413 |
| EOG RES INC(EOG) | 6,493 | 7,567 | +1,074 | 682 | 1,094 | 0.01% | +412 |
| L3HARRIS TECHNOLOGIES INC(LHX) | 9,388 | 9,153 | -235 | 2,756 | 3,159 | 0.03% | +403 |
| SLB LIMITED(SLB) | 0 | 7,819 | +7,819 | 0 | 402 | 0.00% | +402 |
| DIAMONDBACK ENERGY INC(FANG) | 0 | 2,002 | +2,002 | 0 | 396 | 0.00% | +396 |
| LISTED FDS TR HORZN KINTCS BL | 156,000 | 166,055 | +10,055 | 4,714 | 5,104 | 0.06% | +390 |
| CONOCOPHILLIPS(COP) | 0 | 2,811 | +2,811 | 0 | 371 | 0.00% | +371 |
| AEHR TEST SYS(AEHR) | 21,300 | 21,600 | +300 | 430 | 801 | 0.01% | +371 |
| SONOCO PRODS CO(SON) | 30,613 | 31,230 | +617 | 1,336 | 1,689 | 0.02% | +353 |
| IRON MTN INC DEL(IRM) | 18,405 | 18,405 | 0 | 1,527 | 1,880 | 0.02% | +353 |
| OCCIDENTAL PETE CORP(OXY) | 5,577 | 8,850 | +3,273 | 229 | 575 | 0.01% | +346 |
| ALTRIA GROUP INC(MO) | 38,607 | 38,957 | +350 | 2,226 | 2,571 | 0.03% | +345 |
| WW GRAINGER INC(GWW) | 0 | 305 | +305 | 0 | 333 | 0.00% | +333 |
| GE VERNOVA INC(GEV) | 1,443 | 1,439 | -4 | 943 | 1,256 | 0.01% | +313 |
| LOCKHEED MARTIN CORP(LMT) | 0 | 507 | +507 | 0 | 306 | 0.00% | +306 |
| POWER SOLUTIONS INTL INC(PSIX) | 0 | 5,000 | +5,000 | 0 | 304 | 0.00% | +304 |
| MODINE MFG CO(MOD) | 0 | 1,380 | +1,380 | 0 | 299 | 0.00% | +299 |
| HONEYWELL INTL INC(HON) | 6,095 | 6,576 | +481 | 1,189 | 1,486 | 0.02% | +297 |
| RAYONIER INC(RYN) | 15,773 | 30,536 | +14,763 | 341 | 630 | 0.01% | +288 |
| BRISTOL-MYERS SQUIBB CO(BMY) | 45,110 | 44,706 | -404 | 2,433 | 2,711 | 0.03% | +278 |
| BLACK STONE MINERALS L P(BSM) | 151,238 | 151,238 | 0 | 2,010 | 2,287 | 0.02% | +277 |
| CATERPILLAR INC(CAT) | 4,617 | 4,117 | -500 | 2,645 | 2,917 | 0.03% | +272 |
| PIMCO NEW YORK MUN FD II(PNI) | 0 | 37,634 | +37,634 | 0 | 258 | 0.00% | +258 |
| PFIZER INC(PFE) | 67,671 | 68,950 | +1,279 | 1,685 | 1,936 | 0.02% | +251 |
| COSTAMARE INC(CMRE) | 221,950 | 221,850 | -100 | 3,505 | 3,749 | 0.04% | +245 |
| BHP BILLITON LIMITED | 0 | 3,231 | +3,231 | 0 | 235 | 0.00% | +235 |
| DOW HLDGS INC(DOW) | 0 | 5,481 | +5,481 | 0 | 228 | 0.00% | +228 |
| TRIPLE FLAG PRECIOUS METAL(TFPM) | 425,303 | 413,430 | -11,873 | 14,129 | 14,350 | 0.16% | +222 |
| SPDR GOLD TR(GLD) | 3,643 | 3,863 | +220 | 1,444 | 1,662 | 0.02% | +218 |
| STAR BULK CARRIERS CORP.(SBLK) | 50,701 | 51,770 | +1,069 | 974 | 1,189 | 0.01% | +215 |
| RIO TINTO PLC(RIO) | 16,316 | 16,296 | -20 | 1,306 | 1,520 | 0.02% | +214 |
| LIBERTY LIVE HOLDINGS INC(LLYVA) | 0 | 2,295 | +2,295 | 0 | 210 | 0.00% | +210 |
| NRG ENERGY INC(NRG) | 0 | 1,435 | +1,435 | 0 | 210 | 0.00% | +210 |
| ENERFLEX LTD(EFXT) | 0 | 9,990 | +9,990 | 0 | 209 | 0.00% | +209 |
| COSTCO WHOLESALE CORPORATION(COST) | 0 | 208 | +208 | 0 | 207 | 0.00% | +207 |