Fund HoldingsPENN DAVIS MCFARLAND INC

Total Portfolio Value
$887.85M
Total Bought
$16.47M
Total Sold
$81.18M
Net Transaction
-$64.71M
Filing Period:
Securities
SharesValue ($K)
Q1 2025
Q2 2025
Change
Q1 2025
Q2 2025
Weight (%)
Change
NVIDIA CORP(NVDA)578,328542,631-35,69762,67985,7309.66%+23,051
ALPHABET, INC. CL C (GOOGLE C)(GOOG)488,945483,994-4,95176,38885,8569.67%+9,468
PAYPAL HOLDINGS, INC.(PYPL)625,615643,716+18,10140,82147,8415.39%+7,020
UNITEDHEALTH GROUP, INC.(UNH)70,685134,504+63,81937,02141,9614.73%+4,940
ALPHABET, INC. CL A (GOOGLE A)(GOOG)173,486172,859-62726,82830,4633.43%+3,635
MICROSOFT CORPORATION(MSFT)28,70128,661-4010,77414,2561.61%+3,482
ANHEUSER-BUSCH INBEV SA/NV(BUD)470,711465,668-5,04328,97732,0013.60%+3,024
RTX CORP.(RTX)199,222196,498-2,72426,38928,6933.23%+2,304
ROIVANT SCIENCES LTD.(ROIV)1,707,2321,691,632-15,60017,22619,0652.15%+1,839
LAS VEGAS SANDS(LVS)413,071408,360-4,71115,95717,7682.00%+1,811
SPROUTS FARMERS MARKET INC(SFM)175,325172,132-3,19326,76228,3403.19%+1,578
TEXAS INSTRUMENTS, INC.(TXN)41,62241,597-257,4798,6360.97%+1,157
QUALCOMM, INC.(QCOM)191,531190,988-54329,42130,4173.43%+996
XYLEM, INC.(XYL)96,80496,504-30011,56412,4841.41%+920
BECTON, DICKINSON & CO.(BDX)8,13814,758+6,6201,8642,5420.29%+678
KINDER MORGAN, INC.(KMI)1,775,0781,744,742-30,33650,64351,2955.78%+652
LOCKHEED MARTIN CORP(LMT)48,90048,455-44521,84422,4412.53%+597
AMERICAN EXPRESS, CO.(AXP)10,58010,58002,8473,3750.38%+528
NIKE, INC.(NKE)61,75262,066+3143,9204,4090.50%+489
PFIZER, INC.(PFE)100,070120,365+20,2952,5362,9180.33%+382
AMAZON, INC.(AMZN)12,24512,24502,3302,6860.30%+357
UNITED PARCEL SERVICE, INC.(UPS)32,36038,602+6,2423,5593,8960.44%+337
ORACLE CORP(ORCL)01,290+1,29002820.03%+282
BROADCOM INC(AVGO)0955+95502630.03%+263
CATERPILLAR, INC.(CAT)1,6002,000+4005287760.09%+249
HONEYWELL INTERNATIONAL, INC.(HON)11,63611,63602,4642,7100.31%+246
WALT DISNEY COMPANY(DIS)01,766+1,76602190.02%+219
U.S. PHYSICAL THERAPY, INC.(USPH)30,08930,08902,1772,3530.27%+176
CISCO SYSTEMS, INC.(CSCO)20,74420,74401,2801,4390.16%+159
SPDR GOLD TRUST(GLD)8,2428,24202,3752,5120.28%+138
META PLATFORMS, INC.(META)78578504525790.07%+127
SIRIUSXM HOLDINGS INC.(SIRI)659,067651,898-7,16914,85914,9741.69%+115
JP MORGAN CHASE & CO(JPM)2,5802,58006337480.08%+115
FIRSTCASH HLDGS, INC.(FCFS)7,4207,42008931,0030.11%+110
NETFLIX, INC.(NFLX)26526502473550.04%+108
ABBOTT LABORATORIES31,32531,275-504,1554,2540.48%+98
TOAST, INC.(TOST)7,5007,50002493320.04%+83
VANGUARD S&P 500 ETF1,4101,41007258010.09%+76
IDEXX LABS, INC.(IDXX)800761-393364080.05%+72
TESLA, INC.(TSLA)1,2151,21503153860.04%+71
SPDR S & P 500 ETF(SPY)1,1011,10106166800.08%+64
ISHARES TOTAL US STOCK MARKET ETF2,5002,50003053380.04%+33
WAL-MART INC.(WMT)2,7202,72002392660.03%+27
GOLDMAN SACHS ACTIVEBETA US LRG ETF2,0002,00002202430.03%+23
CLENE, INC.11,00011,000034430.00%+9
VERIZON COMMUNICATIONS(VZ)90,08794,522+4,4354,0864,0900.46%+4
TRAVELERS COMPANIES(TRV)93393302472500.03%+3
VISA, INC.(V)3,4103,368-421,1951,1960.13%+1
HOME DEPOT, INC.(HD)1,0481,04803843840.04%0
MASTERCARD, INC. CL A(MA)972947-255335320.06%-1
DORCHESTER MINERALS LP(DMLP)11,66511,66503513250.04%-26
METTLER-TOLEDO INTERNATIONAL, INC.(MTD)3,2343,228-63,8193,7920.43%-27
BERKSHIRE HATHAWAY CLASS B64564503443130.04%-30
PAYCHEX INC.(PAYX)5,8815,88109078550.10%-52
COLGATE PALMOLIVE, CO.(CL)30,28030,28002,8372,7520.31%-85
COCA-COLA COMPANY(KO)84,10883,773-3356,0245,9270.67%-97
MATADOR RESOURCES CO.(MTDR)30,00030,00001,5331,4320.16%-101
STARBUCKS, CORP.(SBUX)28,35929,199+8402,7822,6760.30%-106
EXXON MOBIL, CORP.9,5479,54701,1351,0290.12%-106
ELI LILLY & CO.(LLY)2,7502,75002,2712,1440.24%-128
KIMBERLY CLARK, CORP.(KMB)13,75213,760+81,9561,7740.20%-182
WASTE MANGEMENT, INC.(WM)57,05056,890-16013,20813,0181.47%-190
PROCTER & GAMBLE, CO.(PG)26,49826,503+54,5164,2220.48%-293
MATCH GROUP INC.(MTCH)489,378483,700-5,67815,26914,9411.68%-327
ACCENTURE PLC
SHS CLASS A
25,95925,869-908,1007,7320.87%-368
MCDONALDS, CORP.(MCD)21,11321,081-326,5956,1590.69%-436
JOHNSON & JOHNSON(JNJ)41,33641,540+2046,8556,3450.71%-510
PEPSICO, INC.(PEP)29,17329,213+404,3743,8570.43%-517
AMGEN, INC.(AMGN)18,95618,831-1255,9065,2580.59%-648
ABBVIE, INC.(ABBV)30,56430,514-506,4045,6640.64%-740
CHECK POINT SOFTWARE TECH
ORD
124,880123,671-1,20928,46327,3623.08%-1,100
SABRE CORP 4 CONVERT DUE 04/15/20250001,1290-1,129
SHELL PLC(SHEL)509,246506,170-3,07637,31835,6394.01%-1,678
APPLE, INC.(AAPL)184,547183,118-1,42940,99337,5704.23%-3,423
DESPEGAR.COM198,5000-198,5003,7300-3,730
ENTERPRISE PRODUCTS PRTNS(EPD)1,199,0311,188,091-10,94040,93536,8434.15%-4,092
BLACK STONE MINERALS LP(BSM)1,861,7411,851,892-9,84928,42924,2232.73%-4,206
BRISTOL-MYERS SQUIBB CO(BMY)357,783356,610-1,17321,82116,5071.86%-5,314
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