Fund Holdings

PENN DAVIS MCFARLAND INC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Change
SALESFORCE INC(CRM)0155,266+155,266028,983,504+28,983,504
KINDER MORGAN, INC.(KMI)1,725,2671,707,786-17,48147,427,59057,262,065+9,834,475
SHELL PLC(SHEL)501,658497,080-4,57836,861,83046,228,440+9,366,610
ENTERPRISE PRODUCTS PRTNS(EPD)1,181,1381,175,998-5,14037,867,28444,499,764+6,632,480
LOCKHEED MARTIN CORP(LMT)55,77355,524-24926,975,72733,558,150+6,582,423
ROIVANT SCIENCES LTD.(ROIV)1,858,2891,592,623-265,66640,324,87144,115,657+3,790,786
BLACK STONE MINERALS LP(BSM)1,967,4671,959,588-7,87926,147,63629,628,971+3,481,335
ANHEUSER-BUSCH INBEV SA/NV(BUD)486,842485,264-1,57831,177,36233,662,764+2,485,402
BRISTOL-MYERS SQUIBB CO(BMY)338,253336,264-1,98918,245,36720,394,412+2,149,045
TARGET CORP(TGT)84,67184,571-1008,276,59010,250,005+1,973,415
JOHNSON & JOHNSON(JNJ)41,42541,344-818,572,90410,106,127+1,533,223
VERIZON COMMUNICATIONS(VZ)133,579133,324-2555,440,6736,692,865+1,252,192
TEXAS INSTRUMENTS, INC.(TXN)41,56741,56707,211,4598,069,817+858,358
MATADOR RESOURCES CO.(MTDR)30,00030,00001,273,2001,895,400+622,200
RTX CORP.(RTX)193,028186,641-6,38735,401,33536,003,049+601,714
WASTE MANGEMENT, INC.(WM)56,73556,580-15512,465,24713,001,518+536,271
PFIZER, INC.(PFE)171,332170,361-9714,266,1674,783,737+517,570
COCA-COLA COMPANY(KO)82,64382,523-1205,777,5726,275,874+498,302
AMGEN, INC.(AMGN)18,81618,766-506,158,6656,602,817+444,152
HONEYWELL INTERNATIONAL, INC.(HON)11,55511,538-172,254,2652,607,934+353,669
PEPSICO, INC.(PEP)29,15329,133-204,184,0394,524,064+340,025
TEXAS PACIFIC LAND, CORP.(TPL)0450+4500213,552+213,552
GE VERNOVA LLC(GEV)0240+2400209,496+209,496
FIRSTCASH HLDGS, INC.(FCFS)7,2207,22001,150,7241,357,360+206,636
SPDR GOLD TRUST(GLD)7,4677,283-1842,959,2473,133,802+174,555
EXXON MOBIL, CORP.(XOM)8,2976,894-1,403998,4611,169,636+171,175
STARBUCKS, CORP.(SBUX)29,36129,291-702,472,4902,624,181+151,691
DORCHESTER MINERALS LP(DMLP)22,73022,530-200508,243610,563+102,320
MCDONALDS, CORP.(MCD)21,04721,017-306,432,5956,531,873+99,278
CATERPILLAR, INC.(CAT)1,6001,400-200916,592991,844+75,252
WAL-MART INC.(WMT)2,7202,7200303,035338,042+35,007
PROCTER & GAMBLE, CO.(PG)26,44826,44803,790,2633,820,149+29,886
CISCO SYSTEMS, INC.(CSCO)19,86419,86401,530,1241,541,248+11,124
NETFLIX, INC.(NFLX)2,6502,6500248,464254,798+6,334
TRAVELERS COMPANIES(TRV)9339330270,626272,137+1,511
GAMESQUARE HOLDINGS, INC.10,00010,00003,8502,700-1,150
VANGUARD S&P 500 ETF1,1161,168+52699,877697,938-1,939
CLENE, INC.11,00011,000064,57054,230-10,340
BERKSHIRE HATHAWAY CLASS B6456450324,209309,084-15,125
ISHARES TOTAL US STOCK MARKET ETF2,5002,5000371,725356,075-15,650
ISHARES SILVER TRUST INDEX FUND(SLV)4,0003,550-450257,680241,897-15,783
HOME DEPOT, INC.(HD)1,0481,038-10360,617341,388-19,229
UNITED PARCEL SERVICE, INC.(UPS)57,20157,113-885,673,7675,618,777-54,990
BROADCOM INC(AVGO)770680-90266,497210,467-56,030
META PLATFORMS, INC.(META)657587-70433,679335,840-97,839
U.S. PHYSICAL THERAPY, INC.(USPH)29,79329,713-802,326,5352,227,286-99,249
PAYCHEX INC.(PAYX)5,8815,8810659,731541,758-117,973
TESLA, INC.(TSLA)1,7151,7150771,270637,551-133,719
JP MORGAN CHASE & CO(JPM)2,3802,150-230766,884632,444-134,440
VISA, INC.(V)3,3503,35001,174,8791,012,504-162,375
WALT DISNEY COMPANY(DIS)1,7660-1,766200,9180-200,918
SIRIUSXM HOLDINGS INC.(SIRI)136,262109,303-26,9592,724,5592,522,713-201,846
SPDR S & P 500 ETF(SPY)856583-273583,741379,238-204,503
ORACLE CORP(ORCL)1,1300-1,130220,2480-220,248
TOAST, INC.(TOST)7,5000-7,500266,3250-266,325
AMAZON, INC.(AMZN)11,72111,422-2992,705,4412,378,860-326,581
ABBVIE, INC.(ABBV)30,46430,46406,960,7196,625,615-335,104
KIMBERLY CLARK, CORP.(KMB)87,17087,070-1008,794,5818,399,643-394,938
METTLER-TOLEDO INTERNATIONAL, INC.(MTD)3,2283,223-54,500,4454,064,848-435,597
ELI LILLY & CO.(LLY)2,7502,695-552,955,3702,478,780-476,590
SPROUTS FARMERS MARKET INC(SFM)223,830223,283-54717,832,53617,221,818-610,718
NIKE, INC.(NKE)62,06661,936-1303,954,2253,271,460-682,765
ABBOTT LABORATORIES31,21531,21503,910,9273,204,844-706,083
AMERICAN EXPRESS, CO.(AXP)10,57610,546-303,912,5913,189,954-722,637
MATCH GROUP INC.(MTCH)525,373524,758-61516,964,29416,115,318-848,976
XYLEM, INC.(XYL)96,04795,672-37513,079,68011,432,804-1,646,876
ACCENTURE PLC25,80025,689-1116,922,1405,093,872-1,828,268
EVOLUTION AB-ADR344,620343,506-1,11423,410,03721,383,249-2,026,788
MICROSOFT CORPORATION(MSFT)28,44428,374-7013,756,08710,503,204-3,252,883
APPLE, INC.(AAPL)181,890179,438-2,45249,448,68445,539,635-3,909,049
LAS VEGAS SANDS(LVS)405,040401,434-3,60626,364,05421,629,264-4,734,790
CHECK POINT SOFTWARE TECH122,442122,108-33422,720,33817,443,128-5,277,210
NVIDIA CORP(NVDA)500,033498,338-1,69593,256,15586,910,147-6,346,008
QUALCOMM, INC.(QCOM)190,184189,176-1,00832,530,97324,362,085-8,168,888
UNITEDHEALTH GROUP, INC.(UNH)137,349136,346-1,00345,340,27836,893,864-8,446,414
PAYPAL HOLDINGS, INC.(PYPL)680,852677,417-3,43539,748,14030,639,571-9,108,569
ALPHABET, INC. CL C (GOOGLE C)(GOOG)461,553431,240-30,313144,835,300123,705,478-21,129,822
ALPHABET, INC. CL A (GOOGLE A)(GOOG)172,137109,454-62,68353,878,98731,474,690-22,404,297
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