PENN DAVIS MCFARLAND INC Long-Term Concentrated

Location: Dallas, TX

CIK: 0001108893 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: Apr 27, 2016

Total Value: $381M (96.8% shares, 3.2% debt)

Holdings (33)

EPD ENTERPRISE PRODUCTS PRTNS 8.1%

Value $31.06M Shares 1,261,597 Share Price $24.62 Est. Cost/Share $50.33 Unrealized @ Report Date —

QCOM QUALCOMM INC 7.9%

Value $30.15M Shares 589,581 Share Price $51.14 * Est. Cost/Share $45.28 Unrealized @ Report Date -18.5%

AAPL APPLE INC. 6.7%

Value $25.73M Shares 236,089 Share Price $108.99 * Est. Cost/Share $22.55 Unrealized @ Report Date 0.0%

GOOG ALPHABET INC CL C (GOOGLE C) 6.7%

Value $25.38M Shares 34,073 Share Price $744.96 * Est. Cost/Share $35.61 Unrealized @ Report Date -0.2%

KMI KINDER MORGAN, INC. 5.7%

Value $21.71M Shares 1,215,687 Share Price $17.86 * Est. Cost/Share $15.59 Unrealized @ Report Date -36.2%

— MONSANTO COMPANY 4.6%

Value $17.61M Shares 200,691 Share Price $87.74 Est. Cost/Share $85.34 Unrealized @ Report Date —

GOOGL ALPHABET INC CL A (GOOGLE A) 4.5%

Value $17.35M Shares 22,739 Share Price $762.92 * Est. Cost/Share $36.73 Unrealized @ Report Date -0.5%

MAT MATTEL, INC. 4.4%

Value $16.78M Shares 499,013 Share Price $33.62 * Est. Cost/Share $26.85 Unrealized @ Report Date +13.1%

— EMC CORP 4.3%

Value $16.3M Shares 611,490 Share Price $26.65 Est. Cost/Share $26.21 Unrealized @ Report Date —

SLB SCHLUMBERGER LTD 4.0%

Value $15.24M Shares 206,600 Share Price $73.75 * Est. Cost/Share $64.62 Unrealized @ Report Date -17.8%

CHKP CHECK POINT SOFTWARE TECH 3.9%

Value $14.75M Shares 168,656 Share Price $87.47 * Est. Cost/Share $48.49 Unrealized @ Report Date +65.8%

TEVA TEVA PHARMACEUTICAL ADR 3.9%

Value $14.71M Shares 274,896 Share Price $53.51 Est. Cost/Share $40.02 Unrealized @ Report Date —

XYL XYLEM INC. 3.7%

Value $14.11M Shares 344,932 Share Price $40.90 * Est. Cost/Share $32.14 Unrealized @ Report Date +1.6%

GILD GILEAD SCIENCES, INC 3.7%

Value $13.96M Shares 152,005 Share Price $91.86 * Est. Cost/Share $63.47 Unrealized @ Report Date 0.0%

— EQUITY COMMONWEALTH 3.6%

Value $13.76M Shares 487,700 Share Price $28.22 Est. Cost/Share $24.73 Unrealized @ Report Date —

— NOBLE ENERGY INC 3.0%

Value $11.48M Shares 365,618 Share Price $31.41 Est. Cost/Share $56.53 Unrealized @ Report Date —

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

Value $11.2M Shares 15,457,000 Share Price $0.72 Est. Cost/Share $0.68 Unrealized @ Report Date —

LVS LAS VEGAS SANDS 2.9%

Value $10.97M Shares 212,282 Share Price $51.68 * Est. Cost/Share $38.64 Unrealized @ Report Date -8.6%

ABBNY ABB LIMITED 2.8%

Value $10.54M Shares 542,510 Share Price $19.42 Est. Cost/Share $19.42 Unrealized @ Report Date —

— INOVALON HOLDINGS INC. (Class A) 2.6%

Value $9.815M Shares 529,969 Share Price $18.52 Est. Cost/Share $18.52 Unrealized @ Report Date —

— TWENTY-FIRST CENTURY FOX, INC 2.6%

Value $9.776M Shares 350,639 Share Price $27.88 Est. Cost/Share $27.06 Unrealized @ Report Date —

ACN ACCENTURE PLC 2.4%

Value $9.21M Shares 79,806 Share Price $115.40 * Est. Cost/Share $64.00 Unrealized @ Report Date +37.0%

MOS THE MOSAIC COMPANY 2.4%

Value $9.033M Shares 334,569 Share Price $27.00 * Est. Cost/Share $38.49 Unrealized @ Report Date -43.9%

— HCP, INC. 0.7%

Value $2.765M Shares 84,878 Share Price $32.58 Est. Cost/Share $32.58 Unrealized @ Report Date —

DMLP DORCHESTER MINERALS LP 0.4%

Value $1.597M Shares 140,230 Share Price $11.39 Est. Cost/Share $9.96 Unrealized @ Report Date —

HON HONEYWELL INTL INC 0.4%

Value $1.523M Shares 13,591 Share Price $112.06 * Est. Cost/Share $53.27 Unrealized @ Report Date +43.3%

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

Value $1.141M Shares 2,000,000 Share Price $0.57 Est. Cost/Share $0.64 Unrealized @ Report Date —

— APACHE CORP 0.3%

Value $1.045M Shares 21,412 Share Price $48.80 Est. Cost/Share $48.80 Unrealized @ Report Date —

CVX CHEVRON CORP. 0.2%

Value $863K Shares 9,050 Share Price $95.36 * Est. Cost/Share $71.30 Unrealized @ Report Date -19.5%

MTDR MATADOR RESOURCES CO. 0.2%

Value $853K Shares 45,000 Share Price $18.96 * Est. Cost/Share $9.87 Unrealized @ Report Date +68.0%

— DISH NETWORK CORP 0.2%

Value $635K Shares 13,725 Share Price $46.27 Est. Cost/Share $42.52 Unrealized @ Report Date —

XOM EXXON MOBIL CORP 0.1%

Value $351K Shares 4,196 Share Price $83.65 * Est. Cost/Share $51.96 Unrealized @ Report Date 0.0%

SEUSF SINTANA ENERGY INC. NEW 0.0%

Value $4,000 Shares 52,895 Share Price $0.08 Est. Cost/Share $0.09 Unrealized @ Report Date -28.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPD	ENTERPRISE PRODUCTS PRTNS	1,261,597	$31.06M	8.1%	$24.62	$50.33	—	Common Stocks	293792107
QCOM	QUALCOMM INC	589,581	$30.15M	7.9%	$51.14 *	$45.28	-18.5%	Common Stocks	747525103
AAPL	APPLE INC.	236,089	$25.73M	6.7%	$108.99 *	$22.55	0.0%	Common Stocks	037833100
GOOG	ALPHABET INC CL C (GOOGLE C)	34,073	$25.38M	6.7%	$744.96 *	$35.61	-0.2%	Common Stocks	02079K107
KMI	KINDER MORGAN, INC.	1,215,687	$21.71M	5.7%	$17.86 *	$15.59	-36.2%	Common Stocks	49456B101
—	MONSANTO COMPANY	200,691	$17.61M	4.6%	$87.74	$85.34	—	Common Stocks	61166W101
GOOGL	ALPHABET INC CL A (GOOGLE A)	22,739	$17.35M	4.5%	$762.92 *	$36.73	-0.5%	Common Stocks	02079K305
MAT	MATTEL, INC.	499,013	$16.78M	4.4%	$33.62 *	$26.85	+13.1%	Common Stocks	577081102
—	EMC CORP	611,490	$16.3M	4.3%	$26.65	$26.21	—	Common Stocks	268648102
SLB	SCHLUMBERGER LTD	206,600	$15.24M	4.0%	$73.75 *	$64.62	-17.8%	Common Stocks	806857108
CHKP	CHECK POINT SOFTWARE TECH	168,656	$14.75M	3.9%	$87.47 *	$48.49	+65.8%	Common Stocks	M22465104
TEVA	TEVA PHARMACEUTICAL ADR	274,896	$14.71M	3.9%	$53.51	$40.02	—	Common Stocks	881624209
XYL	XYLEM INC.	344,932	$14.11M	3.7%	$40.90 *	$32.14	+1.6%	Common Stocks	98419M100
GILD	GILEAD SCIENCES, INC	152,005	$13.96M	3.7%	$91.86 *	$63.47	0.0%	Common Stocks	375558103
—	EQUITY COMMONWEALTH	487,700	$13.76M	3.6%	$28.22	$24.73	—	Common Stocks	294628102
—	NOBLE ENERGY INC	365,618	$11.48M	3.0%	$31.41	$56.53	—	Common Stocks	655044105
—	LAYNE CHRISTENSEN 4.25% CONVERT DUE 11/15/2018	15,457,000	$11.2M	2.9%	$0.72	$0.68	—	Convertible Bonds	521050AB0
LVS	LAS VEGAS SANDS	212,282	$10.97M	2.9%	$51.68 *	$38.64	-8.6%	Common Stocks	517834107
ABBNY	ABB LIMITED	542,510	$10.54M	2.8%	$19.42	$19.42	—	Common Stocks	000375204
—	INOVALON HOLDINGS INC. (Class A)	529,969	$9.815M	2.6%	$18.52	$18.52	—	Common Stocks	45781D101
—	TWENTY-FIRST CENTURY FOX, INC	350,639	$9.776M	2.6%	$27.88	$27.06	—	Common Stocks	90130A101
ACN	ACCENTURE PLC	79,806	$9.21M	2.4%	$115.40 *	$64.00	+37.0%	Common Stocks	G1151C101
MOS	THE MOSAIC COMPANY	334,569	$9.033M	2.4%	$27.00 *	$38.49	-43.9%	Common Stocks	61945C103
—	HCP, INC.	84,878	$2.765M	0.7%	$32.58	$32.58	—	Common Stocks	40414L109
DMLP	DORCHESTER MINERALS LP	140,230	$1.597M	0.4%	$11.39	$9.96	—	Common Stocks	25820R105
HON	HONEYWELL INTL INC	13,591	$1.523M	0.4%	$112.06 *	$53.27	+43.3%	Common Stocks	438516106
—	WALTER INVTS MGMT 4.5% CONVERT DUE NOV 1, 2019	2,000,000	$1.141M	0.3%	$0.57	$0.64	—	Convertible Bonds	93317WAA0
—	APACHE CORP	21,412	$1.045M	0.3%	$48.80	$48.80	—	Common Stocks	037411105
CVX	CHEVRON CORP.	9,050	$863K	0.2%	$95.36 *	$71.30	-19.5%	Common Stocks	166764100
MTDR	MATADOR RESOURCES CO.	45,000	$853K	0.2%	$18.96 *	$9.87	+68.0%	Common Stocks	576485205
—	DISH NETWORK CORP	13,725	$635K	0.2%	$46.27	$42.52	—	Common Stocks	25470M109
XOM	EXXON MOBIL CORP	4,196	$351K	0.1%	$83.65 *	$51.96	0.0%	Common Stocks	30231G102
SEUSF	SINTANA ENERGY INC. NEW	52,895	$4,000	0.0%	$0.08	$0.09	-28.8%	Common Stocks	82938H107