Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q1 2025 ▲▼ | Q2 2025 ▲▼ | Change ▲▼ | Q1 2025 ▲▼ | Q2 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| CALUMET INC(CLMT) | 5,356,323 | 5,406,271 | +49,948 | 67,918 | 85,176 | 11.98% | +17,258 |
| SCHWAB US DIVIDEND EQUITY ETF | 0 | 231,786 | +231,786 | 0 | 6,142 | 0.86% | +6,142 |
| GOLDMAN SACHS GROUP(GS) | 14,778 | 14,967 | +189 | 8,073 | 10,593 | 1.49% | +2,520 |
| NEWMONT CORP(NEM) | 219,669 | 218,258 | -1,411 | 10,606 | 12,716 | 1.79% | +2,110 |
| SCHWAB US LARGE-CAP GROWTH ETF | 0 | 46,573 | +46,573 | 0 | 1,360 | 0.19% | +1,360 |
| GLOBAL X FDS GLBL X MLP ETF GLBL X MLP ETF | 0 | 25,975 | +25,975 | 0 | 1,304 | 0.18% | +1,304 |
| VANECK ETF TR VANECK BDC INCOME ETF BDC INCOME ETF | 0 | 76,419 | +76,419 | 0 | 1,244 | 0.18% | +1,244 |
| MICROSOFT CORP(MSFT) | 16,186 | 14,237 | -1,949 | 6,076 | 7,082 | 1.00% | +1,006 |
| NNN REIT INC COM(NNN) | 18,611 | 40,766 | +22,155 | 794 | 1,760 | 0.25% | +967 |
| GLOBAL X US PREFERRED ETF US PFD ETF | 0 | 49,806 | +49,806 | 0 | 938 | 0.13% | +938 |
| REALTY INCOME COPR REIT(O) | 26,661 | 42,323 | +15,662 | 1,547 | 2,438 | 0.34% | +892 |
| ISHARES IBOXX INVESTMENT GRADE CORP BONDS | 3,229 | 11,180 | +7,951 | 351 | 1,225 | 0.17% | +875 |
| HF SINCLAIR CORP(DINO) | 279,433 | 244,909 | -34,524 | 9,188 | 10,061 | 1.42% | +873 |
| CITIGROUP INC(C) | 171,242 | 152,433 | -18,809 | 12,156 | 12,975 | 1.83% | +819 |
| GOLUB CAPITAL BDC INC(GBDC) | 80,190 | 137,723 | +57,533 | 1,214 | 2,018 | 0.28% | +804 |
| BANK OF AMERICA | 264,372 | 249,384 | -14,988 | 11,032 | 11,801 | 1.66% | +769 |
| UNITED PARCEL SERVICE(UPS) | 40,769 | 51,480 | +10,711 | 4,484 | 5,196 | 0.73% | +712 |
| W P CAREY INC COM(WPC) | 60,203 | 71,975 | +11,772 | 3,799 | 4,490 | 0.63% | +690 |
| CUMMINS INC(CMI) | 28,704 | 29,551 | +847 | 8,997 | 9,678 | 1.36% | +681 |
| GOLDMAN SACHS BDC INC(GSBD) | 268,593 | 325,788 | +57,195 | 3,124 | 3,665 | 0.52% | +541 |
| BRITISH AMER TOBACCO F SPONSORED ADR(BTI) | 385,516 | 346,549 | -38,967 | 15,949 | 16,402 | 2.31% | +453 |
| MORGAN STANLEY DIRECT LENDIN(MSDL) | 62,992 | 90,516 | +27,524 | 1,257 | 1,694 | 0.24% | +437 |
| AT&T(T) | 432,279 | 437,240 | +4,961 | 12,225 | 12,654 | 1.78% | +429 |
| BLUE OWL CAPITAL CORP(OBDC) | 69,555 | 100,430 | +30,875 | 1,020 | 1,440 | 0.20% | +420 |
| DORCHESTER MINERALS LP(DMLP) | 559,508 | 617,108 | +57,600 | 16,830 | 17,193 | 2.42% | +363 |
| MPLX LP(MPLX) | 195,760 | 209,589 | +13,829 | 10,477 | 10,796 | 1.52% | +319 |
| WELLS FARGO & CO(WFC) | 175,889 | 161,478 | -14,411 | 12,627 | 12,938 | 1.82% | +311 |
| RLJ LODGING TRUST(RLJ) | 85,275 | 97,958 | +12,683 | 2,081 | 2,318 | 0.33% | +237 |
| UNIVERSAL CORP(UVV) | 151,106 | 149,418 | -1,688 | 8,469 | 8,702 | 1.22% | +233 |
| FS KKR CAPITAL CORP(FSK) | 132,626 | 142,637 | +10,011 | 2,779 | 2,960 | 0.42% | +181 |
| ALPHABET INC CAPT STK CLA(GOOG) | 6,075 | 6,261 | +186 | 939 | 1,103 | 0.16% | +164 |
| DELEK LOGISTICS PARTNERS LP(DKL) | 67,293 | 70,288 | +2,995 | 2,911 | 3,019 | 0.42% | +108 |
| WILLIAMS COS INC(WMB) | 34,884 | 34,884 | 0 | 2,085 | 2,191 | 0.31% | +106 |
| KINDER MORGAN INC(KMI) | 137,628 | 136,684 | -944 | 3,927 | 4,019 | 0.57% | +92 |
| PLAINS GP HOLDINGS LP(PAGP) | 15,886 | 20,909 | +5,023 | 339 | 406 | 0.06% | +67 |
| EXXON MOBIL CORP | 8,578 | 10,040 | +1,462 | 1,020 | 1,082 | 0.15% | +62 |
| NUVEEN CHURCHILL DIRECT LEND | 82,394 | 90,151 | +7,757 | 1,399 | 1,460 | 0.21% | +60 |
| STARWOOD PROPERTY TRUST INC(STWD) | 83,675 | 83,675 | 0 | 1,654 | 1,679 | 0.24% | +25 |
| NEXPOINT DIVERSIFIED REAL ES | 56,300 | 56,300 | 0 | 216 | 236 | 0.03% | +20 |
| ISHARES SILVER TRUST ETF IV(SLV) | 7,000 | 7,000 | 0 | 217 | 230 | 0.03% | +13 |
| FIRST FINANCIAL BANKSHARES INC(FFIN) | 8,760 | 8,760 | 0 | 315 | 315 | 0.04% | +1 |
| GLOBAL PARTNERS LP COMUNITS(GLP) | 9,860 | 9,860 | 0 | 526 | 520 | 0.07% | -6 |
| CISCO SYSTEMS INC(CSCO) | 177,970 | 158,192 | -19,778 | 10,983 | 10,975 | 1.54% | -7 |
| PEABODY ENERGY CORP(BTU) | 100,000 | 100,000 | 0 | 1,355 | 1,342 | 0.19% | -13 |
| PLYMOUTH INDUSTRIAL REIT INC | 77,732 | 77,732 | 0 | 1,267 | 1,248 | 0.18% | -19 |
| ENBRIDGE INC COM(ENB) | 48,142 | 46,445 | -1,697 | 2,133 | 2,105 | 0.30% | -28 |
| SIMON PROPERTY GROUP INC(SPG) | 5,789 | 5,789 | 0 | 961 | 931 | 0.13% | -31 |
| BERKSHIRE HATHAWAY INC | 744 | 744 | 0 | 396 | 361 | 0.05% | -35 |
| PROCTER AND GAMBLE CO(PG) | 3,641 | 3,641 | 0 | 620 | 580 | 0.08% | -40 |
| SUN COMMUNITIES REIT(SUI) | 22,270 | 22,270 | 0 | 2,865 | 2,817 | 0.40% | -48 |
| BLACKSTONE SECURED LENDING F(BXSL) | 50,350 | 50,350 | 0 | 1,629 | 1,548 | 0.22% | -81 |
| TRINITY PETROLEUM TR | 10,020 | 10,020 | 0 | 646 | 541 | 0.08% | -105 |
| ARMADA HOFFLER PROPERTIES | 220,241 | 220,241 | 0 | 1,654 | 1,513 | 0.21% | -141 |
| RAYONIER INC(RYN) | 7,482 | 0 | -7,482 | 209 | 0 | — | -209 |
| ALLIANCE RESOURCE PAR LP(ARLP) | 330,067 | 334,845 | +4,778 | 9,004 | 8,753 | 1.23% | -251 |
| WEYERHAEUSER CO COM(WY) | 50,542 | 46,591 | -3,951 | 1,480 | 1,197 | 0.17% | -283 |
| ONEOK INC(OKE) | 18,941 | 18,941 | 0 | 1,879 | 1,546 | 0.22% | -333 |
| GLOBAL X FDS GLBL X MLPETF GLBL X MLP ETF | 6,599 | 0 | -6,599 | 351 | 0 | — | -351 |
| MEDICAL PROPERTIES TRUST INC(MPT) | 271,226 | 271,226 | 0 | 1,635 | 1,169 | 0.16% | -467 |
| VALERO ENERGY CORP NEW(VLO) | 70,963 | 65,962 | -5,001 | 9,372 | 8,867 | 1.25% | -505 |
| ENERGY TRANSFER LP(ET) | 1,415,760 | 1,423,717 | +7,957 | 26,319 | 25,812 | 3.63% | -507 |
| HP INC(HPQ) | 229,384 | 237,799 | +8,415 | 6,352 | 5,817 | 0.82% | -535 |
| JOHNSON & JOHNSON(JNJ) | 5,762 | 2,347 | -3,415 | 956 | 359 | 0.05% | -597 |
| WESTERN MIDSTREAM PARTNERS LP(WES) | 323,781 | 327,105 | +3,324 | 13,262 | 12,659 | 1.78% | -603 |
| ENTERPRISE PRODUCTS PPTNSLP(EPD) | 244,228 | 248,234 | +4,006 | 8,338 | 7,698 | 1.08% | -640 |
| KIMBERLY-CLARK CORP(KMB) | 69,519 | 71,125 | +1,606 | 9,887 | 9,169 | 1.29% | -718 |
| SELECT WATER SOLUTIONSINC CL A COM(WTTR) | 409,161 | 409,161 | 0 | 4,296 | 3,535 | 0.50% | -761 |
| PLAINS ALL AMERICAN PIPELINE LP(PAA) | 763,172 | 787,922 | +24,750 | 15,263 | 14,435 | 2.03% | -829 |
| PEPSICO INC(PEP) | 34,244 | 28,554 | -5,690 | 5,135 | 3,770 | 0.53% | -1,364 |
| VERIZON COMMUNICATIONS(VZ) | 257,230 | 235,178 | -22,052 | 11,668 | 10,176 | 1.43% | -1,492 |
| PFIZER INC(PFE) | 347,949 | 295,919 | -52,030 | 8,817 | 7,173 | 1.01% | -1,644 |
| CONAGRA BRANDS INC(CAG) | 218,178 | 193,623 | -24,555 | 5,819 | 3,963 | 0.56% | -1,855 |
| KRAFT HEINZ CO(KHC) | 324,692 | 297,853 | -26,839 | 9,880 | 7,691 | 1.08% | -2,190 |
| AMGEN INC(AMGN) | 39,803 | 36,182 | -3,621 | 12,401 | 10,102 | 1.42% | -2,298 |
| ALTRIA GROUP INC(MO) | 272,452 | 238,344 | -34,108 | 16,353 | 13,974 | 1.97% | -2,378 |
| SUNOCO LP(SUN) | 569,273 | 571,547 | +2,274 | 33,052 | 30,629 | 4.31% | -2,423 |
| APPLE INC(AAPL) | 92,249 | 85,468 | -6,781 | 20,491 | 17,535 | 2.47% | -2,956 |
| ABBVIE(ABBV) | 70,555 | 63,429 | -7,126 | 14,783 | 11,774 | 1.66% | -3,009 |
| CHEVRON CORP(CVX) | 77,716 | 68,978 | -8,738 | 13,001 | 9,877 | 1.39% | -3,124 |
| BRISTOL-MYERS SQUIBB COCOM(BMY) | 147,767 | 124,472 | -23,295 | 9,012 | 5,762 | 0.81% | -3,250 |
| OCCIDENTAL PETE CORP WTS EXP 08/03/2027(OXY) | 468,312 | 468,312 | 0 | 12,958 | 9,699 | 1.36% | -3,259 |
| OCCIDENTAL PETROL CORP(OXY) | 3,532,753 | 3,532,753 | 0 | 174,377 | 148,411 | 20.88% | -25,966 |