Baker Ellis Asset Management LLC
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| LAM RESEARCH CORP | 120,412 | 116,472 | -3,940 | 16,123,190 | 19,937,713 | +3,814,523 |
| ALPHABET INC | 34,560 | 34,203 | -357 | 8,417,041 | 10,732,915 | +2,315,874 |
| ALPHABET INC | 30,924 | 31,026 | +102 | 7,517,688 | 9,711,138 | +2,193,450 |
| SCHWAB STRATEGIC TR | 0 | 80,680 | +80,680 | 0 | 2,137,213 | +2,137,213 |
| DIMENSIONAL ETF TRUST | 500,970 | 525,147 | +24,177 | 17,879,625 | 19,955,585 | +2,075,960 |
| ISHARES TR | 162,177 | 176,941 | +14,764 | 13,392,586 | 14,976,256 | +1,583,670 |
| VANGUARD MALVERN FDS | 0 | 30,400 | +30,400 | 0 | 1,503,584 | +1,503,584 |
| PINTEREST INC | 0 | 52,245 | +52,245 | 0 | 1,352,623 | +1,352,623 |
| ELI LILLY & CO | 3,461 | 3,536 | +75 | 2,640,743 | 3,800,074 | +1,159,331 |
| SPDR SERIES TRUST | 0 | 4,230 | +4,230 | 0 | 1,020,445 | +1,020,445 |
| GOLDMAN SACHS ETF TR | 416,374 | 422,232 | +5,858 | 17,117,133 | 18,130,663 | +1,013,530 |
| RTX CORPORATION | 59,313 | 59,443 | +130 | 9,924,884 | 10,901,890 | +977,006 |
| APPLE INC | 44,317 | 45,033 | +716 | 11,284,449 | 12,242,578 | +958,129 |
| VANGUARD INDEX FDS | 28,870 | 29,650 | +780 | 17,679,416 | 18,594,151 | +914,735 |
| MUELLER INDS INC | 49,165 | 50,965 | +1,800 | 4,971,103 | 5,850,829 | +879,726 |
| CAPITAL ONE FINL CORP | 30,343 | 30,123 | -220 | 6,450,222 | 7,300,504 | +850,282 |
| GARRETT MOTION INC | 212,495 | 210,145 | -2,350 | 2,894,181 | 3,662,835 | +768,654 |
| RIO TINTO PLC | 0 | 8,600 | +8,600 | 0 | 688,258 | +688,258 |
| GRAHAM HLDGS CO | 0 | 620 | +620 | 0 | 681,132 | +681,132 |
| WISDOMTREE TR | 143,127 | 154,439 | +11,312 | 8,172,579 | 8,840,096 | +667,517 |
| ISHARES TR | 97,978 | 104,633 | +6,655 | 9,866,385 | 10,503,061 | +636,676 |
| VANGUARD WORLD FD | 11,817 | 12,817 | +1,000 | 3,067,693 | 3,689,373 | +621,680 |
| HUNTINGTON INGALLS INDS INC | 11,690 | 11,665 | -25 | 3,365,668 | 3,966,917 | +601,249 |
| AMAZON COM INC | 24,405 | 25,752 | +1,347 | 5,358,558 | 5,944,026 | +585,468 |
| WORLD GOLD TR | 59,880 | 60,115 | +235 | 4,577,826 | 5,132,018 | +554,192 |
| TOTALENERGIES SE | 0 | 8,453 | +8,453 | 0 | 552,995 | +552,995 |
| ISHARES TR | 0 | 5,000 | +5,000 | 0 | 549,550 | +549,550 |
| TIMKEN CO | 63,687 | 63,162 | -525 | 4,787,983 | 5,313,849 | +525,866 |
| JPMORGAN CHASE & CO. | 54,926 | 55,400 | +474 | 17,325,359 | 17,851,072 | +525,713 |
| EXXON MOBIL CORP | 72,206 | 71,952 | -254 | 8,141,220 | 8,658,744 | +517,524 |
| BERKSHIRE HATHAWAY INC DEL | 70,795 | 71,776 | +981 | 35,591,376 | 36,078,104 | +486,728 |
| CATERPILLAR INC | 1,608 | 2,157 | +549 | 767,367 | 1,235,681 | +468,314 |
| SCHWAB STRATEGIC TR | 199,705 | 210,006 | +10,301 | 5,252,242 | 5,714,263 | +462,021 |
| INVESCO EXCHANGE TRADED FD T | 324,413 | 322,115 | -2,298 | 14,666,696 | 15,113,659 | +446,963 |
| SLB LIMITED | 106,225 | 106,300 | +75 | 3,650,953 | 4,079,794 | +428,841 |
| ANALOG DEVICES INC | 28,325 | 27,224 | -1,101 | 6,959,367 | 7,383,277 | +423,910 |
| BOISE CASCADE CO DEL | 14,950 | 21,180 | +6,230 | 1,155,934 | 1,558,848 | +402,914 |
| VODAFONE GROUP PLC NEW | 0 | 29,300 | +29,300 | 0 | 387,053 | +387,053 |
| JOHNSON & JOHNSON | 11,875 | 12,475 | +600 | 2,201,853 | 2,581,691 | +379,838 |
| ISHARES INC | 0 | 13,000 | +13,000 | 0 | 357,630 | +357,630 |
| AMRIZE LTD | 47,455 | 48,705 | +1,250 | 2,302,991 | 2,633,966 | +330,975 |
| SPDR GOLD TR | 8,079 | 8,069 | -10 | 2,871,842 | 3,197,825 | +325,983 |
| WHIRLPOOL CORP | 2,775 | 7,475 | +4,700 | 218,115 | 539,247 | +321,132 |
| NOV INC | 0 | 19,400 | +19,400 | 0 | 303,222 | +303,222 |
| GOLDMAN SACHS GROUP INC | 3,809 | 3,789 | -20 | 3,033,026 | 3,330,232 | +297,206 |
| FREEPORT-MCMORAN INC | 0 | 5,800 | +5,800 | 0 | 294,582 | +294,582 |
| FRANKLIN TEMPLETON ETF TR | 0 | 12,000 | +12,000 | 0 | 289,078 | +289,078 |
| VANGUARD MUN BD FDS | 11,700 | 15,400 | +3,700 | 897,390 | 1,177,330 | +279,940 |
| MOLSON COORS BEVERAGE CO | 148,890 | 150,286 | +1,396 | 6,737,251 | 7,015,340 | +278,089 |
| BROADCOM INC | 41,526 | 40,364 | -1,162 | 13,699,945 | 13,970,144 | +270,199 |
| ISHARES TR | 0 | 2,450 | +2,450 | 0 | 269,868 | +269,868 |
| DIMENSIONAL ETF TRUST | 0 | 8,000 | +8,000 | 0 | 263,120 | +263,120 |
| MERCK & CO INC | 15,737 | 14,988 | -749 | 1,320,777 | 1,577,637 | +256,860 |
| ANDERSONS INC | 0 | 4,500 | +4,500 | 0 | 239,265 | +239,265 |
| DIVERSIFIED HEALTHCARE TR | 0 | 45,000 | +45,000 | 0 | 218,250 | +218,250 |
| COLUMBIA SPORTSWEAR CO | 0 | 3,950 | +3,950 | 0 | 217,606 | +217,606 |
| NOVARTIS AG | 14,711 | 15,250 | +539 | 1,886,538 | 2,102,518 | +215,980 |
| PETROLEO BRASILEIRO SA PETRO | 0 | 18,000 | +18,000 | 0 | 213,300 | +213,300 |
| DANAHER CORPORATION | 0 | 920 | +920 | 0 | 210,515 | +210,515 |
| ON SEMICONDUCTOR CORP | 72,731 | 70,071 | -2,660 | 3,586,366 | 3,794,345 | +207,979 |
| ALASKA AIR GROUP INC | 0 | 4,094 | +4,094 | 0 | 205,928 | +205,928 |
| NEXSTAR MEDIA GROUP INC | 0 | 1,000 | +1,000 | 0 | 203,050 | +203,050 |
| MATSON INC | 7,738 | 7,738 | 0 | 762,889 | 956,030 | +193,141 |
| NVIDIA CORPORATION | 1,250 | 2,276 | +1,026 | 233,225 | 424,474 | +191,249 |
| HENRY SCHEIN INC | 53,358 | 49,328 | -4,030 | 3,541,387 | 3,728,229 | +186,842 |
| WALMART INC | 17,363 | 17,707 | +344 | 1,789,447 | 1,972,755 | +183,308 |
| ISHARES SILVER TR | 8,200 | 8,200 | 0 | 347,434 | 528,244 | +180,810 |
| PIMCO EQUITY SER | 226,619 | 228,295 | +1,676 | 12,747,319 | 12,924,442 | +177,123 |
| SONY GROUP CORP | 7,775 | 15,525 | +7,750 | 223,842 | 397,440 | +173,598 |
| TERADYNE INC | 5,373 | 4,700 | -673 | 739,540 | 909,732 | +170,192 |
| FIDELITY MERRIMACK STR TR | 371,922 | 377,157 | +5,235 | 17,197,679 | 17,364,290 | +166,611 |
| INDIA FD INC | 0 | 12,000 | +12,000 | 0 | 164,520 | +164,520 |
| VANECK MERK GOLD ETF | 37,000 | 37,000 | 0 | 1,376,030 | 1,534,760 | +158,730 |
| MID-AMER APT CMNTYS INC | 46,814 | 48,139 | +1,325 | 6,541,251 | 6,687,002 | +145,751 |
| RIVERVIEW BANCORP INC | 15,000 | 41,000 | +26,000 | 80,550 | 205,820 | +125,270 |
| VERTEX PHARMACEUTICALS INC | 1,952 | 1,952 | 0 | 764,481 | 884,959 | +120,478 |
| KODIAK GAS SVCS INC | 127,854 | 129,556 | +1,702 | 4,726,781 | 4,845,393 | +118,612 |
| CENCORA INC | 2,494 | 2,644 | +150 | 779,297 | 892,846 | +113,549 |
| ISHARES TR | 134,630 | 137,030 | +2,400 | 6,575,329 | 6,680,213 | +104,884 |
| BP PLC | 106,633 | 108,799 | +2,166 | 3,674,578 | 3,778,600 | +104,022 |
| CRH PLC | 6,400 | 6,900 | +500 | 767,360 | 861,120 | +93,760 |
| WESTERN UN CO | 0 | 10,000 | +10,000 | 0 | 93,100 | +93,100 |
| NEXTERA ENERGY INC | 14,266 | 14,572 | +306 | 1,076,944 | 1,169,844 | +92,900 |
| ARCOS DORADOS HOLDINGS INC | 44,500 | 53,300 | +8,800 | 300,375 | 391,222 | +90,847 |
| BANK AMERICA CORP | 20,805 | 21,163 | +358 | 1,073,330 | 1,163,965 | +90,635 |
| FEDEX CORP | 1,682 | 1,682 | 0 | 396,696 | 485,941 | +89,245 |
| MARRIOTT INTL INC NEW | 1,435 | 1,489 | +54 | 373,838 | 462,075 | +88,237 |
| AMERICAN CENTY ETF TR | 15,830 | 15,830 | 0 | 1,409,345 | 1,487,545 | +78,200 |
| VANGUARD INDEX FDS | 7,146 | 7,382 | +236 | 1,491,536 | 1,563,519 | +71,983 |
| IMPERIAL OIL LTD | 3,750 | 4,750 | +1,000 | 340,275 | 409,973 | +69,698 |
| RBC BEARINGS INC | 1,154 | 1,154 | 0 | 450,395 | 517,488 | +67,093 |
| INVESCO QQQ TR | 6,220 | 6,185 | -35 | 3,734,301 | 3,799,507 | +65,206 |
| MCDONALDS CORP | 2,082 | 2,282 | +200 | 632,620 | 697,368 | +64,748 |
| KLA CORP | 470 | 470 | 0 | 506,942 | 571,088 | +64,146 |
| INTERNATIONAL BUSINESS MACHS | 789 | 962 | +173 | 222,658 | 284,954 | +62,296 |
| TETRA TECHNOLOGIES INC DEL | 17,000 | 17,000 | 0 | 97,750 | 159,290 | +61,540 |
| PEPSICO INC | 31,695 | 31,434 | -261 | 4,451,315 | 4,511,407 | +60,092 |
| SIRIUSPOINT LTD | 15,000 | 15,000 | 0 | 271,350 | 328,350 | +57,000 |
| SPROTT ASSET MANAGEMENT LP | 17,100 | 17,000 | -100 | 506,502 | 561,340 | +54,838 |
| PARKER-HANNIFIN CORP | 278 | 302 | +24 | 210,781 | 265,464 | +54,683 |