PENN DAVIS MCFARLAND INC Long-Term Concentrated

Location: Dallas, TX

CIK: 0001108893 · Show all filings

Period: Q4 2015 (← Previous) (Next →)

Filing Date: Jan 25, 2016

Total Value: $398M (96.8% shares, 3.2% debt)

Holdings (32)

EPD ENTERPRISE PRODUCTS PRTNS 8.3%

Value $32.99M Shares 1,289,646 Share Price $25.58 Est. Cost/Share $50.33 Unrealized @ Report Date —

QCOM QUALCOMM INC 8.2%

Value $32.51M Shares 650,391 Share Price $49.99 * Est. Cost/Share $45.28 Unrealized @ Report Date -11.7%

GOOG ALPHABET INC CL C (GOOGLE C) 6.5%

Value $26.01M Shares 34,273 Share Price $758.88 * Est. Cost/Share $35.61 Unrealized @ Report Date 0.0%

— APPLE INC. 6.3%

Value $25.17M Shares 239,106 Share Price $105.26 Est. Cost/Share $142.31 Unrealized @ Report Date —

— MONSANTO COMPANY 5.1%

Value $20.3M Shares 206,097 Share Price $98.52 Est. Cost/Share $85.34 Unrealized @ Report Date —

CHKP CHECK POINT SOFTWARE TECH 5.0%

Value $19.88M Shares 244,313 Share Price $81.38 Est. Cost/Share $48.49 Unrealized @ Report Date +71.0%

GOOGL ALPHABET INC CL A (GOOGLE A) 4.7%

Value $18.79M Shares 24,148 Share Price $777.99 * Est. Cost/Share $36.73 Unrealized @ Report Date 0.0%

— KEURIG GREEN MOUNTAIN 4.7%

Value $18.6M Shares 206,758 Share Price $89.98 Est. Cost/Share $71.29 Unrealized @ Report Date —

TEVA TEVA PHARMACEUTICAL ADR 4.7%

Value $18.55M Shares 282,670 Share Price $65.64 Est. Cost/Share $40.02 Unrealized @ Report Date —

KMI KINDER MORGAN, INC. 4.6%

Value $18.26M Shares 1,223,571 Share Price $14.92 * Est. Cost/Share $15.59 Unrealized @ Report Date -8.4%

— EQUITY COMMONWEALTH 4.4%

Value $17.44M Shares 628,986 Share Price $27.73 Est. Cost/Share $24.73 Unrealized @ Report Date —

— EMC CORP 4.3%

Value $17.19M Shares 669,414 Share Price $25.68 Est. Cost/Share $26.21 Unrealized @ Report Date —

— NOBLE ENERGY INC 3.7%

Value $14.72M Shares 447,149 Share Price $32.93 Est. Cost/Share $56.53 Unrealized @ Report Date —

SLB SCHLUMBERGER LTD 3.7%

Value $14.64M Shares 209,913 Share Price $69.75 * Est. Cost/Share $64.62 Unrealized @ Report Date -13.2%

XYL XYLEM INC. 3.2%

Value $12.78M Shares 350,147 Share Price $36.50 * Est. Cost/Share $32.14 Unrealized @ Report Date -0.6%

MAT MATTEL, INC. 3.0%

Value $12.02M Shares 442,383 Share Price $27.17 * Est. Cost/Share $26.40 Unrealized @ Report Date -6.8%

— LAYNE CHRISTENSEN 4.25% CONVERT DUE 11/15/2018 2.9%

Value $11.43M Shares 16,097,000 Share Price $0.71 Est. Cost/Share $0.68 Unrealized @ Report Date —

ACN ACCENTURE PLC 2.7%

Value $10.72M Shares 102,629 Share Price $104.50 * Est. Cost/Share $64.00 Unrealized @ Report Date +40.6%

— ABB LIMITED 2.5%

Value $9.814M Shares 553,550 Share Price $17.73 Est. Cost/Share $20.03 Unrealized @ Report Date —

ORCL ORACLE CORP 2.4%

Value $9.634M Shares 263,717 Share Price $36.53 * Est. Cost/Share $27.58 Unrealized @ Report Date +19.0%

— TWENTY-FIRST CENTURY FOX, INC 2.4%

Value $9.557M Shares 351,891 Share Price $27.16 Est. Cost/Share $27.06 Unrealized @ Report Date —

LVS LAS VEGAS SANDS 2.3%

Value $9.341M Shares 213,073 Share Price $43.84 * Est. Cost/Share $38.64 Unrealized @ Report Date -10.6%

MOS THE MOSAIC COMPANY 2.3%

Value $9.179M Shares 332,700 Share Price $27.59 * Est. Cost/Share $38.49 Unrealized @ Report Date -32.0%

— APACHE CORP 0.4%

Value $1.617M Shares 36,351 Share Price $44.48 Est. Cost/Share $83.66 Unrealized @ Report Date —

HON HONEYWELL INTL INC 0.4%

Value $1.421M Shares 13,716 Share Price $103.60 * Est. Cost/Share $53.27 Unrealized @ Report Date +39.4%

DMLP DORCHESTER MINERALS LP 0.3%

Value $1.322M Shares 133,648 Share Price $9.89 Est. Cost/Share $9.89 Unrealized @ Report Date —

— WALTER INVTS MGMT 4.5% CONVERT DUE NOV 1, 2019 0.3%

Value $1.283M Shares 2,000,000 Share Price $0.64 Est. Cost/Share $0.64 Unrealized @ Report Date —

— DISH NETWORK CORP 0.3%

Value $1.088M Shares 19,025 Share Price $57.19 Est. Cost/Share $42.52 Unrealized @ Report Date —

MTDR MATADOR RESOURCES CO. 0.2%

Value $890K Shares 45,000 Share Price $19.78 * Est. Cost/Share $9.87 Unrealized @ Report Date +147.1%

CVX CHEVRON CORP. 0.2%

Value $814K Shares 9,050 Share Price $89.94 * Est. Cost/Share $71.30 Unrealized @ Report Date -18.0%

SATS ECHOSTAR HOLDING CORP 0.1%

Value $256K Shares 6,555 Share Price $39.05 * Est. Cost/Share $31.68 Unrealized @ Report Date +5.9%

SEUSF SINTANA ENERGY INC. NEW 0.0%

Value $5,000 Shares 52,895 Share Price $0.09 Est. Cost/Share $0.09 Unrealized @ Report Date +36.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPD	ENTERPRISE PRODUCTS PRTNS	1,289,646	$32.99M	8.3%	$25.58	$50.33	—	Common Stocks	293792107
QCOM	QUALCOMM INC	650,391	$32.51M	8.2%	$49.99 *	$45.28	-11.7%	Common Stocks	747525103
GOOG	ALPHABET INC CL C (GOOGLE C)	34,273	$26.01M	6.5%	$758.88 *	$35.61	0.0%	Common Stocks	02079K107
—	APPLE INC.	239,106	$25.17M	6.3%	$105.26	$142.31	—	Common Stocks	37833100
—	MONSANTO COMPANY	206,097	$20.3M	5.1%	$98.52	$85.34	—	Common Stocks	61166W101
CHKP	CHECK POINT SOFTWARE TECH	244,313	$19.88M	5.0%	$81.38	$48.49	+71.0%	Common Stocks	M22465104
GOOGL	ALPHABET INC CL A (GOOGLE A)	24,148	$18.79M	4.7%	$777.99 *	$36.73	0.0%	Common Stocks	02079K305
—	KEURIG GREEN MOUNTAIN	206,758	$18.6M	4.7%	$89.98	$71.29	—	Common Stocks	49271M100
TEVA	TEVA PHARMACEUTICAL ADR	282,670	$18.55M	4.7%	$65.64	$40.02	—	Common Stocks	881624209
KMI	KINDER MORGAN, INC.	1,223,571	$18.26M	4.6%	$14.92 *	$15.59	-8.4%	Common Stocks	49456B101
—	EQUITY COMMONWEALTH	628,986	$17.44M	4.4%	$27.73	$24.73	—	Common Stocks	294628102
—	EMC CORP	669,414	$17.19M	4.3%	$25.68	$26.21	—	Common Stocks	268648102
—	NOBLE ENERGY INC	447,149	$14.72M	3.7%	$32.93	$56.53	—	Common Stocks	655044105
SLB	SCHLUMBERGER LTD	209,913	$14.64M	3.7%	$69.75 *	$64.62	-13.2%	Common Stocks	806857108
XYL	XYLEM INC.	350,147	$12.78M	3.2%	$36.50 *	$32.14	-0.6%	Common Stocks	98419M100
MAT	MATTEL, INC.	442,383	$12.02M	3.0%	$27.17 *	$26.40	-6.8%	Common Stocks	577081102
—	LAYNE CHRISTENSEN 4.25% CONVERT DUE 11/15/2018	16,097,000	$11.43M	2.9%	$0.71	$0.68	—	Convertible Bonds	521050AB0
ACN	ACCENTURE PLC	102,629	$10.72M	2.7%	$104.50 *	$64.00	+40.6%	Common Stocks	G1151C101
—	ABB LIMITED	553,550	$9.814M	2.5%	$17.73	$20.03	—	Common Stocks	375204
ORCL	ORACLE CORP	263,717	$9.634M	2.4%	$36.53 *	$27.58	+19.0%	Common Stocks	68389X105
—	TWENTY-FIRST CENTURY FOX, INC	351,891	$9.557M	2.4%	$27.16	$27.06	—	Common Stocks	90130A101
LVS	LAS VEGAS SANDS	213,073	$9.341M	2.3%	$43.84 *	$38.64	-10.6%	Common Stocks	517834107
MOS	THE MOSAIC COMPANY	332,700	$9.179M	2.3%	$27.59 *	$38.49	-32.0%	Common Stocks	61945C103
—	APACHE CORP	36,351	$1.617M	0.4%	$44.48	$83.66	—	Common Stocks	37411105
HON	HONEYWELL INTL INC	13,716	$1.421M	0.4%	$103.60 *	$53.27	+39.4%	Common Stocks	438516106
DMLP	DORCHESTER MINERALS LP	133,648	$1.322M	0.3%	$9.89	$9.89	—	Common Stocks	25820R105
—	WALTER INVTS MGMT 4.5% CONVERT DUE NOV 1, 2019	2,000,000	$1.283M	0.3%	$0.64	$0.64	—	Convertible Bonds	93317WAA0
—	DISH NETWORK CORP	19,025	$1.088M	0.3%	$57.19	$42.52	—	Common Stocks	25470M109
MTDR	MATADOR RESOURCES CO.	45,000	$890K	0.2%	$19.78 *	$9.87	+147.1%	Common Stocks	576485205
CVX	CHEVRON CORP.	9,050	$814K	0.2%	$89.94 *	$71.30	-18.0%	Common Stocks	166764100
SATS	ECHOSTAR HOLDING CORP	6,555	$256K	0.1%	$39.05 *	$31.68	+5.9%	Common Stocks	278768106
SEUSF	SINTANA ENERGY INC. NEW	52,895	$5,000	0.0%	$0.09	$0.09	+36.4%	Common Stocks	82938H107