Location: Dallas, TX
CIK: 0001386929 · Show all filings
Period: Q1 2025 (← Previous) (Next →)
Filing Date: Apr 21, 2025
Total Value: $729M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| OXY | OCCIDENTAL PETROL CORP | 3,532,753 | $174M | 23.9% | $49.36 | $46.06 | +5.4% | COM | 674599105 |
| CLMT | CALUMET INC | 5,356,323 | $67.92M | 9.3% | $12.68 | $16.02 | -20.8% | COM | 131428104 |
| SUN | SUNOCO LP | 569,273 | $33.05M | 4.5% | $58.06 | $41.96 | — | COM | 86765K109 |
| ET | ENERGY TRANSFER LP | 1,415,760 | $26.32M | 3.6% | $18.59 | $6.02 | — | COM | 29273V100 |
| AAPL | APPLE INC | 92,249 | $20.49M | 2.8% | $222.13 | $94.96 | +133.1% | COM | 037833100 |
| DMLP | DORCHESTER MINERALS LP | 559,508 | $16.83M | 2.3% | $30.08 | $10.19 | — | COM | 25820R105 |
| MO | ALTRIA GROUP INC | 272,452 | $16.35M | 2.2% | $60.02 * | $34.80 | +63.8% | COM | 02209S103 |
| BTI | BRITISH AMER TOBACCO F SPONSORED ADR | 385,516 | $15.95M | 2.2% | $41.37 | $33.62 | +23.0% | COM | 110448107 |
| PAA | PLAINS ALL AMERICAN PIPELINE LP | 763,172 | $15.26M | 2.1% | $20.00 | $16.18 | — | COM | 726503105 |
| ABBV | ABBVIE | 70,555 | $14.78M | 2.0% | $209.52 * | $133.87 | +52.6% | COM | 00287Y109 |
| WES | WESTERN MIDSTREAM PARTNERS LP | 323,781 | $13.26M | 1.8% | $40.96 | $17.30 | — | COM | 958669103 |
| CVX | CHEVRON CORP | 77,716 | $13M | 1.8% | $167.29 * | $85.72 | +88.6% | COM | 166764100 |
| OXY/WS | OCCIDENTAL PETE CORP WTS EXP 08/03/2027 | 468,312 | $12.96M | 1.8% | $27.67 | $41.23 | — | *W EXP 08/03/2027 | 674599162 |
| WFC | WELLS FARGO & CO | 175,889 | $12.63M | 1.7% | $71.79 | $32.60 | +116.6% | COM | 949746101 |
| AMGN | AMGEN INC | 39,803 | $12.4M | 1.7% | $311.55 * | $182.77 | +66.4% | COM | 031162100 |
| T | AT&T | 432,279 | $12.22M | 1.7% | $28.28 * | $14.80 | +85.3% | COM | 00206R102 |
| C | CITIGROUP INC | 171,242 | $12.16M | 1.7% | $70.99 * | $42.78 | +62.6% | COM | 172967424 |
| VZ | VERIZON COMMUNICATIONS | 257,230 | $11.67M | 1.6% | $45.36 * | $30.64 | +40.9% | COM | 92343V104 |
| BAC | BANK OF AMERICA | 264,372 | $11.03M | 1.5% | $41.73 | $29.65 | +38.4% | COM | 060505104 |
| CSCO | CISCO SYSTEMS INC | 177,970 | $10.98M | 1.5% | $61.71 * | $43.69 | +37.9% | COM | 17275R102 |
| NEM | NEWMONT CORP | 219,669 | $10.61M | 1.5% | $48.28 | $44.18 | +8.1% | COM | 651639106 |
| MPLX | MPLX LP | 195,760 | $10.48M | 1.4% | $53.52 | $26.88 | — | COM | 55336V100 |
| KMB | KIMBERLY-CLARK CORP | 69,519 | $9.887M | 1.4% | $142.22 * | $111.49 | +23.6% | COM | 494368103 |
| KHC | KRAFT HEINZ CO | 324,692 | $9.88M | 1.4% | $30.43 * | $30.80 | -5.6% | COM | 500754106 |
| VLO | VALERO ENERGY CORP NEW | 70,963 | $9.372M | 1.3% | $132.07 * | $42.01 | +207.2% | COM | 91913Y100 |
| DINO | HF SINCLAIR CORP | 279,433 | $9.188M | 1.3% | $32.88 * | $38.78 | -18.0% | COM | 403949100 |
| BMY | BRISTOL-MYERS SQUIBB COCOM | 147,767 | $9.012M | 1.2% | $60.99 * | $47.00 | +23.5% | COM | 110122108 |
| ARLP | ALLIANCE RESOURCE PAR LP | 330,067 | $9.004M | 1.2% | $27.28 | $20.16 | — | COM | 01877R108 |
| CMI | CUMMINS INC | 28,704 | $8.997M | 1.2% | $313.44 | $120.89 | +155.4% | COM | 231021106 |
| PFE | PFIZER INC | 347,949 | $8.817M | 1.2% | $25.34 * | $24.48 | -1.9% | COM | 717081103 |
| UVV | UNIVERSAL CORP | 151,106 | $8.469M | 1.2% | $56.05 | $54.41 | +3.0% | COM | 913456109 |
| EPD | ENTERPRISE PRODUCTS PPTNSLP | 244,228 | $8.338M | 1.1% | $34.14 | $31.65 | — | COM | 293792107 |
| GS | GOLDMAN SACHS GROUP | 14,778 | $8.073M | 1.1% | $546.29 | $276.76 | +94.4% | COM | 38141G104 |
| HPQ | HP INC | 229,384 | $6.352M | 0.9% | $27.69 * | $18.07 | +48.2% | COM | 40434L105 |
| MSFT | MICROSOFT CORP | 16,186 | $6.076M | 0.8% | $375.39 | $101.84 | +266.6% | COM | 594918104 |
| CAG | CONAGRA BRANDS INC | 218,178 | $5.819M | 0.8% | $26.67 * | $24.92 | +1.5% | COM | 205887102 |
| PEP | PEPSICO INC | 34,244 | $5.135M | 0.7% | $149.94 * | $96.86 | +50.2% | COM | 713448108 |
| UPS | UNITED PARCEL SERVICE | 40,769 | $4.484M | 0.6% | $109.99 * | $105.31 | -0.9% | COM | 911312106 |
| WTTR | SELECT WATER SOLUTIONSINC CL A COM | 409,161 | $4.296M | 0.6% | $10.50 | $9.24 | — | COM | 81617J301 |
| KMI | KINDER MORGAN INC | 137,628 | $3.927M | 0.5% | $28.53 * | $15.19 | +81.8% | COM | 49456B101 |
| WPC | W P CAREY INC COM | 60,203 | $3.799M | 0.5% | $63.11 | $58.90 | — | COM | 92936U109 |
| GSBD | GOLDMAN SACHS BDC INC | 268,593 | $3.124M | 0.4% | $11.63 | $14.25 | -18.4% | SHS | 38147U107 |
| DKL | DELEK LOGISTICS PARTNERS LP | 67,293 | $2.911M | 0.4% | $43.26 | $42.37 | — | COM UNT RP INT | 24664T103 |
| SUI | SUN COMMUNITIES REIT | 22,270 | $2.865M | 0.4% | $128.64 | $124.83 | — | COM | 866674104 |
| FSK | FS KKR CAPITAL CORP | 132,626 | $2.779M | 0.4% | $20.95 * | $12.95 | +43.2% | COM | 302635206 |
| ENB | ENBRIDGE INC COM | 48,142 | $2.133M | 0.3% | $44.31 * | $31.71 | +33.9% | COM | 29250N105 |
| WMB | WILLIAMS COS INC | 34,884 | $2.085M | 0.3% | $59.76 * | $18.19 | +220.4% | COM | 969457100 |
| — | RLJ LODGING TRUST | 85,275 | $2.081M | 0.3% | $24.40 | $24.10 | — | CUM CONV PFD A | 74965L200 |
| OKE | ONEOK INC | 18,941 | $1.879M | 0.3% | $99.22 * | $41.19 | +131.3% | COM | 682680103 |
| STWD | STARWOOD PROPERTY TRUST INC | 83,675 | $1.654M | 0.2% | $19.77 | $18.63 | — | COM | 85571B105 |
| AHRT | ARMADA HOFFLER PROPERTIES | 220,241 | $1.654M | 0.2% | $7.51 | $10.31 | — | COM | 04208T108 |
| MPT | MEDICAL PROPERTIES TRUST INC | 271,226 | $1.635M | 0.2% | $6.03 | $6.71 | — | COM | 58463J304 |
| BXSL | BLACKSTONE SECURED LENDING F | 50,350 | $1.629M | 0.2% | $32.36 * | $16.82 | +77.1% | COM | 09261X102 |
| O | REALTY INCOME COPR REIT | 26,661 | $1.547M | 0.2% | $58.01 * | $50.99 | +8.6% | COM | 756109104 |
| WY | WEYERHAEUSER CO COM | 50,542 | $1.48M | 0.2% | $29.28 * | $18.44 | +54.8% | COM | 962166104 |
| NCDL | NUVEEN CHURCHILL DIRECT LEND | 82,394 | $1.399M | 0.2% | $16.98 * | $15.02 | +3.0% | COM SHS | 67090S108 |
| BTU | PEABODY ENERGY CORP | 100,000 | $1.355M | 0.2% | $13.55 | $21.32 | -37.2% | COM | 704551100 |
| PLYM | PLYMOUTH INDUSTRIAL REIT INC | 77,732 | $1.267M | 0.2% | $16.30 | $17.46 | — | COM | 729640102 |
| MSDL | MORGAN STANLEY DIRECT LENDIN | 62,992 | $1.257M | 0.2% | $19.96 * | $17.73 | +3.2% | COM SHS | 61774A103 |
| GBDC | GOLUB CAPITAL BDC INC | 80,190 | $1.214M | 0.2% | $15.14 * | $13.01 | +7.4% | COM | 38173M102 |
| XOM | EXXON MOBIL CORP | 8,578 | $1.02M | 0.1% | $118.93 * | $79.58 | +45.4% | COM | 30231G102 |
| OBDC | BLUE OWL CAPITAL CORP | 69,555 | $1.02M | 0.1% | $14.66 * | $10.73 | +25.4% | COM | 69121K104 |
| SPG | SIMON PROPERTY GROUP INC | 5,789 | $961K | 0.1% | $166.08 * | $97.32 | +64.4% | COM | 828806109 |
| JNJ | JOHNSON & JOHNSON | 5,762 | $956K | 0.1% | $165.84 * | $119.51 | +35.7% | COM | 478160104 |
| GOOGL | ALPHABET INC CAPT STK CLA | 6,075 | $939K | 0.1% | $154.64 | $180.70 | -14.7% | CAP STK CL A | 02079K305 |
| NNN | NNN REIT INC COM | 18,611 | $794K | 0.1% | $42.65 | $37.75 | — | COM | 637417106 |
| TTYP | TRINITY PETROLEUM TR | 10,020 | $646K | 0.1% | $64.50 | $90.39 | — | COM | 896556107 |
| PG | PROCTER AND GAMBLE CO | 3,641 | $620K | 0.1% | $170.42 | $101.53 | +64.5% | COM | 742718109 |
| GLP | GLOBAL PARTNERS LP COMUNITS | 9,860 | $526K | 0.1% | $53.38 | $35.32 | — | COM | 37946R109 |
| BRK/B | BERKSHIRE HATHAWAY INC | 744 | $396K | 0.1% | $532.58 | $296.98 | +79.3% | CL B NEW | 084670702 |
| MLPA | GLOBAL X FDS GLBL X MLPETF | 6,599 | $351K | 0.0% | $53.23 | $31.17 | +70.8% | COM | 37954Y343 |
| LQD | ISHARES IBOXX INVESTMENT GRADE CORP BONDS | 3,229 | $351K | 0.0% | $108.70 | $118.61 | -8.4% | IBOXX INV CP ETF | 464287242 |
| PAGP | PLAINS GP HOLDINGS LP | 15,886 | $339K | 0.0% | $21.36 | $16.27 | — | COM | 72651A207 |
| FFIN | FIRST FINANCIAL BANKSHARES INC | 8,760 | $315K | 0.0% | $35.92 | $26.69 | +32.4% | COM | 32020R109 |
| SLV | ISHARES SILVER TRUST ETF IV | 7,000 | $217K | 0.0% | $30.99 | $29.06 | +6.7% | ISHARES | 46428Q109 |
| NXDT | NEXPOINT DIVERSIFIED REAL ES | 56,300 | $216K | 0.0% | $3.83 | $11.06 | — | COM NEW | 65340G205 |
| RYN | RAYONIER INC | 7,482 | $209K | 0.0% | $27.88 | $27.88 | — | COM | 754907103 |