Location: Dallas, TX
CIK: 0001386929 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Jan 15, 2026
Total Value: $760M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| OXY | OCCIDENTAL PETROL CORP | 3,282,753 | $135M | 17.8% | $46.06 | -9.8% | COM | 674599105 |
| CLMT | CALUMET INC | 5,156,271 | $102M | 13.5% | $16.02 | +20.1% | COM | 131428104 |
| SUN | SUNOCO LP | 571,547 | $29.95M | 3.9% | $41.96 | — | COM | 86765K109 |
| ET | ENERGY TRANSFER LP | 1,422,619 | $23.46M | 3.1% | $6.02 | — | COM | 29273V100 |
| AAPL | APPLE INC | 78,074 | $21.23M | 2.8% | $94.96 | +182.6% | COM | 037833100 |
| NEM | NEWMONT CORP | 202,569 | $20.23M | 2.7% | $44.18 | +104.2% | COM | 651639106 |
| BTI | BRITISH AMER TOBACCO F SPONSORED ADR | 343,016 | $19.42M | 2.6% | $32.68 | — | COM | 110448107 |
| DMLP | DORCHESTER MINERALS LP | 814,852 | $18.22M | 2.4% | $14.95 | — | COM | 25820R105 |
| C | CITIGROUP INC | 150,376 | $17.55M | 2.3% | $42.78 | +142.3% | COM | 172967424 |
| CMI | CUMMINS INC | 29,259 | $14.94M | 2.0% | $126.18 | +269.6% | COM | 231021106 |
| WFC | WELLS FARGO & CO | 159,768 | $14.89M | 2.0% | $32.60 | +165.8% | COM | 949746101 |
| PAA | PLAINS ALL AMERICAN PIPELINE LP | 827,791 | $14.87M | 2.0% | $16.33 | — | COM | 726503105 |
| ABBV | ABBVIE | 62,912 | $14.37M | 1.9% | $133.87 | +70.0% | COM | 00287Y109 |
| BAC | BANK OF AMERICA | 248,042 | $13.64M | 1.8% | $29.65 | +77.6% | COM | 060505104 |
| MO | ALTRIA GROUP INC | 235,728 | $13.59M | 1.8% | $34.80 | +70.6% | COM | 02209S103 |
| WES | WESTERN MIDSTREAM PARTNERS LP | 342,105 | $13.51M | 1.8% | $18.48 | — | COM | 958669103 |
| CSCO | CISCO SYSTEMS INC | 157,148 | $12.11M | 1.6% | $43.69 | +68.9% | COM | 17275R102 |
| VZ | VERIZON COMMUNICATIONS | 289,825 | $11.8M | 1.6% | $32.50 | +24.6% | COM | 92343V104 |
| AMGN | AMGEN INC | 35,899 | $11.75M | 1.5% | $182.77 | +72.9% | COM | 031162100 |
| EPD | ENTERPRISE PRODUCTS PPTNSLP | 364,668 | $11.69M | 1.5% | $31.67 | — | COM | 293792107 |
| GS | GOLDMAN SACHS GROUP | 13,142 | $11.55M | 1.5% | $280.49 | +190.0% | COM | 38141G104 |
| DINO | HF SINCLAIR CORP | 243,842 | $11.24M | 1.5% | $38.78 | +32.2% | COM | 403949100 |
| MPLX | MPLX LP | 209,589 | $11.19M | 1.5% | $28.50 | — | COM | 55336V100 |
| T | AT&T | 433,735 | $10.77M | 1.4% | $14.93 | +69.3% | COM | 00206R102 |
| VLO | VALERO ENERGY CORP NEW | 65,621 | $10.68M | 1.4% | $42.01 | +301.8% | COM | 91913Y100 |
| CVX | CHEVRON CORP | 68,542 | $10.45M | 1.4% | $85.72 | +76.6% | COM | 166764100 |
| OXY/WS | OCCIDENTAL PETE CORP WTS EXP 08/03/2027 | 468,312 | $9.023M | 1.2% | $41.23 | — | *W EXP 08/03/2027 | 674599162 |
| PFE | PFIZER INC | 341,161 | $8.495M | 1.1% | $24.43 | +2.5% | COM | 717081103 |
| KMB | KIMBERLY-CLARK CORP | 79,671 | $8.038M | 1.1% | $111.59 | -2.8% | COM | 494368103 |
| UVV | UNIVERSAL CORP | 142,083 | $7.495M | 1.0% | $54.41 | -2.4% | COM | 913456109 |
| MSFT | MICROSOFT CORP | 13,924 | $6.734M | 0.9% | $101.84 | +391.5% | COM | 594918104 |
| BMY | BRISTOL-MYERS SQUIBB COCOM | 123,294 | $6.65M | 0.9% | $47.01 | +1.1% | COM | 110122108 |
| SCHD | SCHWAB US DIVIDEND EQUITY ETF | 227,090 | $6.229M | 0.8% | $26.50 | — | US DIVIDEND EQ | 808524797 |
| HRL | HORMEL FOODS COPR | 255,275 | $6.05M | 0.8% | $23.30 | 0.0% | COM | 440452100 |
| ARLP | ALLIANCE RESOURCE PAR LP | 255,397 | $5.933M | 0.8% | $20.25 | — | COM | 01877R108 |
| PEP | PEPSICO INC | 39,411 | $5.656M | 0.7% | $109.86 | +32.8% | COM | 713448108 |
| HPQ | HP INC | 236,002 | $5.258M | 0.7% | $18.31 | +38.0% | COM | 40434L105 |
| WPC | W P CAREY INC COM | 73,318 | $4.719M | 0.6% | $59.59 | — | COM | 92936U109 |
| WTTR | SELECT WATER SOLUTIONSINC CL A COM | 409,161 | $4.304M | 0.6% | $9.24 | — | COM | 81617J301 |
| KMI | KINDER MORGAN INC | 136,684 | $3.757M | 0.5% | $15.19 | +77.1% | COM | 49456B101 |
| UPS | UNITED PARCEL SERVICE | 36,047 | $3.576M | 0.5% | $102.98 | -9.9% | COM | 911312106 |
| BRK/B | BERKSHIRE HATHAWAY INC | 6,837 | $3.437M | 0.5% | $463.97 | +7.2% | CL B NEW | 084670702 |
| GSBD | GOLDMAN SACHS BDC INC | 340,245 | $3.157M | 0.4% | $13.49 | -27.3% | SHS | 38147U107 |
| DKL | DELEK LOGISTICS PARTNERS LP | 70,288 | $3.136M | 0.4% | $42.39 | — | COM UNT RP INT | 24664T103 |
| BTU | PEABODY ENERGY CORP | 100,000 | $2.97M | 0.4% | $21.32 | +37.7% | COM | 704551100 |
| — | RLJ LODGING TRUST | 112,432 | $2.8M | 0.4% | $24.15 | — | CUM CONV PFD A | 74965L200 |
| SUI | SUN COMMUNITIES REIT | 22,270 | $2.759M | 0.4% | $124.83 | — | COM | 866674104 |
| AHRT | ARMADA HOFFLER PROPERTIES | 409,923 | $2.714M | 0.4% | $8.68 | — | COM | 04208T108 |
| CAG | CONAGRA BRANDS INC | 145,379 | $2.517M | 0.3% | $24.81 | -28.9% | COM | 205887102 |
| O | REALTY INCOME COPR REIT | 44,286 | $2.496M | 0.3% | $52.52 | +9.2% | COM | 756109104 |
| MLPA | GLOBAL X FDS GLBL X MLP ETF | 48,888 | $2.367M | 0.3% | $47.05 | — | GLBL X MLP ETF | 37954Y343 |
| AVGO | BROADCOM INC COM | 6,703 | $2.32M | 0.3% | $357.00 | 0.0% | COM | 11135F101 |
| ENB | ENBRIDGE INC COM | 46,445 | $2.221M | 0.3% | $31.71 | +48.6% | COM | 29250N105 |
| WMB | WILLIAMS COS INC | 34,884 | $2.097M | 0.3% | $18.19 | +230.2% | COM | 969457100 |
| GBDC | GOLUB CAPITAL BDC INC | 146,834 | $1.993M | 0.3% | $13.29 | +1.9% | COM | 38173M102 |
| OBDC | BLUE OWL CAPITAL CORP | 158,084 | $1.965M | 0.3% | $11.95 | +3.4% | COM | 69121K104 |
| FSK | FS KKR CAPITAL CORP | 132,384 | $1.961M | 0.3% | $13.32 | +10.4% | COM | 302635206 |
| GOOGL | ALPHABET INC CAPT STK CLA | 6,261 | $1.96M | 0.3% | $180.18 | +58.5% | CAP STK CL A | 02079K305 |
| NNN | NNN REIT INC COM | 47,524 | $1.883M | 0.2% | $40.69 | — | COM | 637417106 |
| MSDL | MORGAN STANLEY DIRECT LENDIN | 111,397 | $1.836M | 0.2% | $17.61 | -6.8% | COM SHS | 61774A103 |
| SCHG | SCHWAB US LARGE-CAP GROWTH ETF | 48,782 | $1.591M | 0.2% | $29.34 | — | US LCAP GR ETF | 808524300 |
| OKE | ONEOK INC | 18,941 | $1.392M | 0.2% | $41.19 | +71.1% | COM | 682680103 |
| MPT | MEDICAL PROPERTIES TRUST INC | 271,226 | $1.356M | 0.2% | $6.71 | — | COM | 58463J304 |
| BXSL | BLACKSTONE SECURED LENDING F | 49,337 | $1.299M | 0.2% | $16.82 | +55.1% | COM | 09261X102 |
| WY | WEYERHAEUSER CO COM | 54,313 | $1.287M | 0.2% | $19.40 | +18.5% | COM | 962166104 |
| XOM | EXXON MOBIL CORP | 10,040 | $1.208M | 0.2% | $83.21 | +38.8% | COM | 30231G102 |
| LQD | ISHARES IBOXX INVESTMENT GRADE CORP BONDS | 10,662 | $1.175M | 0.2% | $112.82 | — | IBOXX INV CP ETF | 464287242 |
| NCDL | NUVEEN CHURCHILL DIRECT LEND | 87,695 | $1.17M | 0.2% | $14.97 | -8.2% | COM SHS | 67090S108 |
| STWD | STARWOOD PROPERTY TRUST INC | 64,530 | $1.162M | 0.2% | $18.33 | — | COM | 85571B105 |
| CCAP | CRESCENT CAP BDC INC COM | 79,828 | $1.122M | 0.1% | $13.87 | -0.5% | COM | 225655109 |
| PAGP | PLAINS GP HOLDINGS LP | 57,753 | $1.105M | 0.1% | $17.95 | — | COM | 72651A207 |
| BIZD | VANECK ETF TR VANECK BDC INCOME ETF | 76,171 | $1.08M | 0.1% | $16.28 | — | BDC INCOME ETF | 92189F411 |
| SPG | SIMON PROPERTY GROUP INC | 5,789 | $1.072M | 0.1% | $97.32 | +85.0% | COM | 828806109 |
| PFFD | GLOBAL X FDS US PREFERRED ETF | 49,452 | $935K | 0.1% | $18.83 | — | US PFD ETF | 37954Y657 |
| PG | PROCTER AND GAMBLE CO | 5,483 | $786K | 0.1% | $116.86 | +25.9% | COM | 742718109 |
| TTYP | TRINITY PETROLEUM TR | 10,020 | $525K | 0.1% | $90.39 | — | COM | 896556107 |
| JNJ | JOHNSON & JOHNSON | 2,347 | $486K | 0.1% | $119.51 | +64.9% | COM | 478160104 |
| SLV | ISHARES SILVER TRUST ETF IV | 7,000 | $451K | 0.1% | $30.99 | — | ISHARES | 46428Q109 |
| OWL | BLUE OWL CAPITAL INC COM CL A | 29,233 | $437K | 0.1% | $15.64 | 0.0% | COM CL A | 09581B103 |
| GLP | GLOBAL PARTNERS LP COMUNITS | 9,860 | $413K | 0.1% | $35.32 | — | COM | 37946R109 |
| HESM | HESS MIDSTREAM LP CL A | 11,872 | $410K | 0.1% | $32.62 | 0.0% | CL A SHS | 428103105 |
| KBDC | KAYNE ANDERSON BDC INC | 20,341 | $291K | 0.0% | $14.18 | 0.0% | COM SHS | 48662X105 |
| FFIN | FIRST FINANCIAL BANKSHARES INC | 8,760 | $262K | 0.0% | $26.69 | +17.5% | COM | 32020R109 |