PENN DAVIS MCFARLAND INC Long-Term Concentrated

Location: Dallas, TX

CIK: 0001108893 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: Apr 26, 2018

Total Value: $327M (96.7% shares, 3.3% debt)

Holdings (32)

GOOG ALPHABET INC CL C (GOOGLE C) 9.0%

Value $29.39M Shares 28,485 Share Price $1031.81 * Est. Cost/Share $35.61 Unrealized @ Report Date +53.9%

EPD ENTERPRISE PRODUCTS PRTNS 8.0%

Value $26.13M Shares 1,067,538 Share Price $24.48 Est. Cost/Share $50.03 Unrealized @ Report Date —

QCOM QUALCOMM INC 8.0%

Value $26.02M Shares 469,543 Share Price $55.41 * Est. Cost/Share $45.28 Unrealized @ Report Date +14.6%

— MONSANTO COMPANY 6.4%

Value $20.86M Shares 178,760 Share Price $116.69 Est. Cost/Share $92.41 Unrealized @ Report Date —

AAPL APPLE INC. 5.5%

Value $18.16M Shares 108,238 Share Price $167.78 * Est. Cost/Share $22.55 Unrealized @ Report Date +79.3%

GOOGL ALPHABET INC CL A (GOOGLE A) 5.5%

Value $18.07M Shares 17,425 Share Price $1037.13 * Est. Cost/Share $36.73 Unrealized @ Report Date +49.8%

— CELGENE CORPORATION 4.8%

Value $15.68M Shares 175,748 Share Price $89.21 Est. Cost/Share $111.57 Unrealized @ Report Date —

KMI KINDER MORGAN, INC. 4.7%

Value $15.33M Shares 1,018,004 Share Price $15.06 * Est. Cost/Share $15.42 Unrealized @ Report Date -28.1%

— DELL TECHNOLOGIES CLASS V 4.5%

Value $14.7M Shares 200,848 Share Price $73.21 Est. Cost/Share $48.40 Unrealized @ Report Date —

GILD GILEAD SCIENCES, INC 3.9%

Value $12.66M Shares 167,881 Share Price $75.39 * Est. Cost/Share $60.66 Unrealized @ Report Date -2.9%

XYL XYLEM INC. 3.8%

Value $12.57M Shares 163,467 Share Price $76.92 * Est. Cost/Share $32.14 Unrealized @ Report Date +109.3%

LVS LAS VEGAS SANDS 3.8%

Value $12.5M Shares 173,828 Share Price $71.90 * Est. Cost/Share $38.64 Unrealized @ Report Date +61.5%

— TWENTY-FIRST CENTURY FOX, INC 3.5%

Value $11.33M Shares 308,799 Share Price $36.69 Est. Cost/Share $26.94 Unrealized @ Report Date —

SLB SCHLUMBERGER LTD 3.4%

Value $11.05M Shares 170,551 Share Price $64.78 * Est. Cost/Share $64.33 Unrealized @ Report Date -13.3%

— LAYNE CHRISTENSEN 4.25 CONVERT DUE 11/15/2018 3.3%

Value $10.86M Shares 10,909,000 Share Price $1.00 Est. Cost/Share $0.68 Unrealized @ Report Date —

CHKP CHECK POINT SOFTWARE TECH 3.3%

Value $10.65M Shares 107,261 Share Price $99.34 * Est. Cost/Share $48.49 Unrealized @ Report Date +112.5%

ABBNY ABB LIMITED 2.9%

Value $9.33M Shares 393,009 Share Price $23.74 Est. Cost/Share $19.42 Unrealized @ Report Date —

— NIELSEN HOLDINGS PLC 2.6%

Value $8.624M Shares 271,284 Share Price $31.79 Est. Cost/Share $31.79 Unrealized @ Report Date —

— NOBLE ENERGY INC 2.6%

Value $8.588M Shares 283,422 Share Price $30.30 Est. Cost/Share $56.53 Unrealized @ Report Date —

BMY BRISTOL-MYERS SQUIBB CO 2.6%

Value $8.52M Shares 134,710 Share Price $63.25 * Est. Cost/Share $39.93 Unrealized @ Report Date +20.5%

— INOVALON HOLDINGS INC. (Class A) 2.5%

Value $8.312M Shares 784,115 Share Price $10.60 Est. Cost/Share $14.89 Unrealized @ Report Date —

ACN ACCENTURE PLC 2.3%

Value $7.402M Shares 48,224 Share Price $153.49 * Est. Cost/Share $64.00 Unrealized @ Report Date +120.0%

MOS THE MOSAIC COMPANY 1.4%

Value $4.723M Shares 194,532 Share Price $24.28 * Est. Cost/Share $25.58 Unrealized @ Report Date -9.5%

HON HONEYWELL INTL INC 0.6%

Value $1.897M Shares 13,126 Share Price $144.52 * Est. Cost/Share $56.13 Unrealized @ Report Date +109.3%

MTDR MATADOR RESOURCES CO. 0.4%

Value $1.346M Shares 45,000 Share Price $29.91 Est. Cost/Share $9.87 Unrealized @ Report Date +207.4%

DMLP DORCHESTER MINERALS LP 0.3%

Value $984K Shares 61,130 Share Price $16.10 Est. Cost/Share $9.96 Unrealized @ Report Date —

— DISH NETWORK CORP 0.1%

Value $397K Shares 10,475 Share Price $37.90 Est. Cost/Share $42.52 Unrealized @ Report Date —

— INDEPENDENT BANK GROUP, INC 0.1%

Value $393K Shares 5,564 Share Price $70.63 Est. Cost/Share $67.58 Unrealized @ Report Date —

AMGN AMGEN INC 0.1%

Value $256K Shares 1,500 Share Price $170.67 * Est. Cost/Share $127.72 Unrealized @ Report Date +13.1%

CSCO CISCO SYSTEMS, INC. 0.1%

Value $240K Shares 5,600 Share Price $42.86 * Est. Cost/Share $27.97 Unrealized @ Report Date +19.6%

NVDA NVIDIA CORP 0.1%

Value $232K Shares 1,000 Share Price $232.00 * Est. Cost/Share $5.81 Unrealized @ Report Date 0.0%

— BARCLAYS BK PLC CONV ZERO CPN 0.0%

Value $41,000 Shares 46,000 Share Price $0.89 Est. Cost/Share $1.07 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOG	ALPHABET INC CL C (GOOGLE C)	28,485	$29.39M	9.0%	$1031.81 *	$35.61	+53.9%	Common Stocks	02079K107
EPD	ENTERPRISE PRODUCTS PRTNS	1,067,538	$26.13M	8.0%	$24.48	$50.03	—	Common Stocks	293792107
QCOM	QUALCOMM INC	469,543	$26.02M	8.0%	$55.41 *	$45.28	+14.6%	Common Stocks	747525103
—	MONSANTO COMPANY	178,760	$20.86M	6.4%	$116.69	$92.41	—	Common Stocks	61166W101
AAPL	APPLE INC.	108,238	$18.16M	5.5%	$167.78 *	$22.55	+79.3%	Common Stocks	037833100
GOOGL	ALPHABET INC CL A (GOOGLE A)	17,425	$18.07M	5.5%	$1037.13 *	$36.73	+49.8%	Common Stocks	02079K305
—	CELGENE CORPORATION	175,748	$15.68M	4.8%	$89.21	$111.57	—	Common Stocks	151020104
KMI	KINDER MORGAN, INC.	1,018,004	$15.33M	4.7%	$15.06 *	$15.42	-28.1%	Common Stocks	49456B101
—	DELL TECHNOLOGIES CLASS V	200,848	$14.7M	4.5%	$73.21	$48.40	—	Common Stocks	24703L103
GILD	GILEAD SCIENCES, INC	167,881	$12.66M	3.9%	$75.39 *	$60.66	-2.9%	Common Stocks	375558103
XYL	XYLEM INC.	163,467	$12.57M	3.8%	$76.92 *	$32.14	+109.3%	Common Stocks	98419M100
LVS	LAS VEGAS SANDS	173,828	$12.5M	3.8%	$71.90 *	$38.64	+61.5%	Common Stocks	517834107
—	TWENTY-FIRST CENTURY FOX, INC	308,799	$11.33M	3.5%	$36.69	$26.94	—	Common Stocks	90130A101
SLB	SCHLUMBERGER LTD	170,551	$11.05M	3.4%	$64.78 *	$64.33	-13.3%	Common Stocks	806857108
—	LAYNE CHRISTENSEN 4.25 CONVERT DUE 11/15/2018	10,909,000	$10.86M	3.3%	$1.00	$0.68	—	Convertible Bonds	521050AB0
CHKP	CHECK POINT SOFTWARE TECH	107,261	$10.65M	3.3%	$99.34 *	$48.49	+112.5%	Common Stocks	M22465104
ABBNY	ABB LIMITED	393,009	$9.33M	2.9%	$23.74	$19.42	—	Common Stocks	000375204
—	NIELSEN HOLDINGS PLC	271,284	$8.624M	2.6%	$31.79	$31.79	—	Common Stocks	G6518L108
—	NOBLE ENERGY INC	283,422	$8.588M	2.6%	$30.30	$56.53	—	Common Stocks	655044105
BMY	BRISTOL-MYERS SQUIBB CO	134,710	$8.52M	2.6%	$63.25 *	$39.93	+20.5%	Common Stocks	110122108
—	INOVALON HOLDINGS INC. (Class A)	784,115	$8.312M	2.5%	$10.60	$14.89	—	Common Stocks	45781D101
ACN	ACCENTURE PLC	48,224	$7.402M	2.3%	$153.49 *	$64.00	+120.0%	Common Stocks	G1151C101
MOS	THE MOSAIC COMPANY	194,532	$4.723M	1.4%	$24.28 *	$25.58	-9.5%	Common Stocks	61945C103
HON	HONEYWELL INTL INC	13,126	$1.897M	0.6%	$144.52 *	$56.13	+109.3%	Common Stocks	438516106
MTDR	MATADOR RESOURCES CO.	45,000	$1.346M	0.4%	$29.91	$9.87	+207.4%	Common Stocks	576485205
DMLP	DORCHESTER MINERALS LP	61,130	$984K	0.3%	$16.10	$9.96	—	Common Stocks	25820R105
—	DISH NETWORK CORP	10,475	$397K	0.1%	$37.90	$42.52	—	Common Stocks	25470M109
—	INDEPENDENT BANK GROUP, INC	5,564	$393K	0.1%	$70.63	$67.58	—	Common Stocks	45384B106
AMGN	AMGEN INC	1,500	$256K	0.1%	$170.67 *	$127.72	+13.1%	Common Stocks	031162100
CSCO	CISCO SYSTEMS, INC.	5,600	$240K	0.1%	$42.86 *	$27.97	+19.6%	Common Stocks	17275R102
NVDA	NVIDIA CORP	1,000	$232K	0.1%	$232.00 *	$5.81	0.0%	Common Stocks	67066G104
—	BARCLAYS BK PLC CONV ZERO CPN	46,000	$41,000	0.0%	$0.89	$1.07	—	Convertible Bonds	06741JV89