Adams Asset Advisors, LLC Diversified Active

CIK: 0001386929 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 15, 2026

Total Value ($000): $760,058 (100.0% shares, 0.0% debt)

Holdings (83)

New Positions (5)

HRL HORMEL FOODS COPR 0.8%

Value ($000) $6,050 Shares 255,275 Est. Cost $23.30 Unrealized 0.0%

AVGO BROADCOM INC COM 0.3%

Value ($000) $2,320 Shares 6,703 Est. Cost $357.00 Unrealized 0.0%

OWL BLUE OWL CAPITAL INC COM CL A 0.1%

Value ($000) $437 Shares 29,233 Est. Cost $15.64 Unrealized 0.0%

HESM HESS MIDSTREAM LP CL A 0.1%

Value ($000) $410 Shares 11,872 Est. Cost $32.62 Unrealized 0.0%

KBDC KAYNE ANDERSON BDC INC 0.0%

Value ($000) $291 Shares 20,341 Est. Cost $14.18 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HRL	HORMEL FOODS COPR	255,275	$6,050	0.8%	$23.30	0.0%	COM	440452100
AVGO	BROADCOM INC COM	6,703	$2,320	0.3%	$357.00	0.0%	COM	11135F101
OWL	BLUE OWL CAPITAL INC COM CL A	29,233	$437	0.1%	$15.64	0.0%	COM CL A	09581B103
HESM	HESS MIDSTREAM LP CL A	11,872	$410	0.1%	$32.62	0.0%	CL A SHS	428103105
KBDC	KAYNE ANDERSON BDC INC	20,341	$291	0.0%	$14.18	0.0%	COM SHS	48662X105

Increased Positions (21)

EPD ENTERPRISE PRODUCTS PPTNSLP 1.5%

Value ($000) $11,691 (+26.0%) Shares 364,668 (+22.9%) Est. Cost $31.67 Unrealized —

PAA PLAINS ALL AMERICAN PIPELINE LP 2.0%

Value ($000) $14,867 (+11.0%) Shares 827,791 (+5.5%) Est. Cost $16.33 Unrealized —

VZ VERIZON COMMUNICATIONS 1.6%

Value ($000) $11,805 (+14.2%) Shares 289,825 (+23.2%) Est. Cost $32.50 Unrealized +24.6%

BMY BRISTOL-MYERS SQUIBB COCOM 0.9%

Value ($000) $6,650 (+21.8%) Shares 123,294 (+1.8%) Est. Cost $47.01 Unrealized +1.1%

PEP PEPSICO INC 0.7%

Value ($000) $5,656 (+24.9%) Shares 39,411 (+22.3%) Est. Cost $109.86 Unrealized +32.8%

DMLP DORCHESTER MINERALS LP 2.4%

Value ($000) $18,220 (-5.7%) Shares 814,852 (+9.1%) Est. Cost $14.95 Unrealized —

CCAP CRESCENT CAP BDC INC COM 0.1%

Value ($000) $1,122 (+345.9%) Shares 79,828 (+352.6%) Est. Cost $13.87 Unrealized -0.5%

KMB KIMBERLY-CLARK CORP 1.1%

Value ($000) $8,038 (-9.5%) Shares 79,671 (+11.5%) Est. Cost $111.59 Unrealized -2.8%

WES WESTERN MIDSTREAM PARTNERS LP 1.8%

Value ($000) $13,513 (+5.1%) Shares 342,105 (+4.6%) Est. Cost $18.48 Unrealized —

AHH ARMADA HOFFLER PROPERTIES 0.4%

Value ($000) $2,714 (+29.1%) Shares 409,923 (+36.7%) Est. Cost $8.68 Unrealized —

MLPA GLOBAL X FDS GLBL X MLP ETF 0.3%

Value ($000) $2,367 (+34.0%) Shares 48,888 (+34.0%) Est. Cost $47.05 Unrealized —

STWD STARWOOD PROPERTY TRUST INC 0.2%

Value ($000) $1,162 (+83.4%) Shares 64,530 (+97.3%) Est. Cost $18.33 Unrealized —

OBDC BLUE OWL CAPITAL CORP 0.3%

Value ($000) $1,965 (+22.7%) Shares 158,084 (+26.1%) Est. Cost $11.95 Unrealized +3.4%

— RLJ LODGING TRUST 0.4%

Value ($000) $2,800 (+13.3%) Shares 112,432 (+14.8%) Est. Cost $24.15 Unrealized —

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $786 (+40.5%) Shares 5,483 (+50.6%) Est. Cost $116.86 Unrealized +25.9%

PAGP PLAINS GP HOLDINGS LP 0.1%

Value ($000) $1,105 (+25.4%) Shares 57,753 (+19.5%) Est. Cost $17.95 Unrealized —

GSBD GOLDMAN SACHS BDC INC 0.4%

Value ($000) $3,157 (-4.0%) Shares 340,245 (+5.2%) Est. Cost $13.49 Unrealized -27.3%

WPC W P CAREY INC COM 0.6%

Value ($000) $4,719 (-2.2%) Shares 73,318 (+2.6%) Est. Cost $59.59 Unrealized —

SCHG SCHWAB US LARGE-CAP GROWTH ETF 0.2%

Value ($000) $1,591 (+6.4%) Shares 48,782 (+4.1%) Est. Cost $29.34 Unrealized —

MSDL MORGAN STANLEY DIRECT LENDIN 0.2%

Value ($000) $1,836 (+4.1%) Shares 111,397 (+1.6%) Est. Cost $17.61 Unrealized -6.8%

NNN NNN REIT INC COM 0.2%

Value ($000) $1,883 (+2.6%) Shares 47,524 (+10.2%) Est. Cost $40.69 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EPD	ENTERPRISE PRODUCTS PPTNSLP	364,668 (+22.9%)	$11,691 (+26.0%)	1.5%	$31.67	—	COM	293792107
PAA	PLAINS ALL AMERICAN PIPELINE LP	827,791 (+5.5%)	$14,867 (+11.0%)	2.0%	$16.33	—	COM	726503105
VZ	VERIZON COMMUNICATIONS	289,825 (+23.2%)	$11,805 (+14.2%)	1.6%	$32.50	+24.6%	COM	92343V104
BMY	BRISTOL-MYERS SQUIBB COCOM	123,294 (+1.8%)	$6,650 (+21.8%)	0.9%	$47.01	+1.1%	COM	110122108
PEP	PEPSICO INC	39,411 (+22.3%)	$5,656 (+24.9%)	0.7%	$109.86	+32.8%	COM	713448108
DMLP	DORCHESTER MINERALS LP	814,852 (+9.1%)	$18,220 (-5.7%)	2.4%	$14.95	—	COM	25820R105
CCAP	CRESCENT CAP BDC INC COM	79,828 (+352.6%)	$1,122 (+345.9%)	0.1%	$13.87	-0.5%	COM	225655109
KMB	KIMBERLY-CLARK CORP	79,671 (+11.5%)	$8,038 (-9.5%)	1.1%	$111.59	-2.8%	COM	494368103
WES	WESTERN MIDSTREAM PARTNERS LP	342,105 (+4.6%)	$13,513 (+5.1%)	1.8%	$18.48	—	COM	958669103
AHH	ARMADA HOFFLER PROPERTIES	409,923 (+36.7%)	$2,714 (+29.1%)	0.4%	$8.68	—	COM	04208T108
MLPA	GLOBAL X FDS GLBL X MLP ETF	48,888 (+34.0%)	$2,367 (+34.0%)	0.3%	$47.05	—	GLBL X MLP ETF	37954Y343
STWD	STARWOOD PROPERTY TRUST INC	64,530 (+97.3%)	$1,162 (+83.4%)	0.2%	$18.33	—	COM	85571B105
OBDC	BLUE OWL CAPITAL CORP	158,084 (+26.1%)	$1,965 (+22.7%)	0.3%	$11.95	+3.4%	COM	69121K104
—	RLJ LODGING TRUST	112,432 (+14.8%)	$2,800 (+13.3%)	0.4%	$24.15	—	CUM CONV PFD A	74965L200
PG	PROCTER AND GAMBLE CO	5,483 (+50.6%)	$786 (+40.5%)	0.1%	$116.86	+25.9%	COM	742718109
PAGP	PLAINS GP HOLDINGS LP	57,753 (+19.5%)	$1,105 (+25.4%)	0.1%	$17.95	—	COM	72651A207
GSBD	GOLDMAN SACHS BDC INC	340,245 (+5.2%)	$3,157 (-4.0%)	0.4%	$13.49	-27.3%	SHS	38147U107
WPC	W P CAREY INC COM	73,318 (+2.6%)	$4,719 (-2.2%)	0.6%	$59.59	—	COM	92936U109
SCHG	SCHWAB US LARGE-CAP GROWTH ETF	48,782 (+4.1%)	$1,591 (+6.4%)	0.2%	$29.34	—	US LCAP GR ETF	808524300
MSDL	MORGAN STANLEY DIRECT LENDIN	111,397 (+1.6%)	$1,836 (+4.1%)	0.2%	$17.61	-6.8%	COM SHS	61774A103
NNN	NNN REIT INC COM	47,524 (+10.2%)	$1,883 (+2.6%)	0.2%	$40.69	—	COM	637417106

Exited Positions (3)

KHC KRAFT HEINZ CO 0.7%

Value ($000) $5,521 Shares 212,024 Est. Cost $30.80 Unrealized -20.0%

PLYM PLYMOUTH INDUSTRIAL REIT INC 0.3%

Value ($000) $2,412 Shares 108,000 Est. Cost $18.82 Unrealized —

NXDT NEXPOINT DIVERSIFIED REAL ES 0.0%

Value ($000) $208 Shares 56,300 Est. Cost $11.06 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KHC	KRAFT HEINZ CO	212,024	$5,521	0.7%	$30.80	-20.0%	—	500754106
PLYM	PLYMOUTH INDUSTRIAL REIT INC	108,000	$2,412	0.3%	$18.82	—	—	729640102
NXDT	NEXPOINT DIVERSIFIED REAL ES	56,300	$208	0.0%	$11.06	—	—	65340G205

Decreased Positions (15)

OXY OCCIDENTAL PETROL CORP 17.8%

Value ($000) $134,987 (-19.1%) Shares 3,282,753 (-7.1%) Est. Cost $46.06 Unrealized -9.8%

CLMT CALUMET INC 13.5%

Value ($000) $102,455 (+3.8%) Shares 5,156,271 (-4.6%) Est. Cost $16.02 Unrealized +20.1%

NEM NEWMONT CORP 2.7%

Value ($000) $20,227 (+12.9%) Shares 202,569 (-4.7%) Est. Cost $44.18 Unrealized +104.2%

MO ALTRIA GROUP INC 1.8%

Value ($000) $13,592 (-13.7%) Shares 235,728 (-1.1%) Est. Cost $34.80 Unrealized +70.6%

CAG CONAGRA BRANDS INC 0.3%

Value ($000) $2,517 (-30.3%) Shares 145,379 (-26.3%) Est. Cost $24.81 Unrealized -28.9%

BTI BRITISH AMER TOBACCO F SPONSORED ADR 2.6%

Value ($000) $19,422 (+5.6%) Shares 343,016 (-1.0%) Est. Cost $32.68 Unrealized —

MSFT MICROSOFT CORP 0.9%

Value ($000) $6,734 (-8.7%) Shares 13,924 (-2.2%) Est. Cost $101.84 Unrealized +391.5%

UVV UNIVERSAL CORP 1.0%

Value ($000) $7,495 (-6.8%) Shares 142,083 (-1.3%) Est. Cost $54.41 Unrealized -2.4%

AAPL APPLE INC 2.8%

Value ($000) $21,225 (-2.5%) Shares 78,074 (-8.7%) Est. Cost $94.96 Unrealized +182.6%

UPS UNITED PARCEL SERVICE 0.5%

Value ($000) $3,576 (+8.8%) Shares 36,047 (-8.4%) Est. Cost $102.98 Unrealized -9.9%

FSK FS KKR CAPITAL CORP 0.3%

Value ($000) $1,961 (-7.1%) Shares 132,384 (-6.3%) Est. Cost $13.32 Unrealized +10.4%

GBDC GOLUB CAPITAL BDC INC 0.3%

Value ($000) $1,993 (-5.5%) Shares 146,834 (-4.6%) Est. Cost $13.29 Unrealized +1.9%

SCHD SCHWAB US DIVIDEND EQUITY ETF 0.8%

Value ($000) $6,229 (-1.5%) Shares 227,090 (-1.9%) Est. Cost $26.50 Unrealized —

LQD ISHARES IBOXX INVESTMENT GRADE CORP BONDS 0.2%

Value ($000) $1,175 (-6.4%) Shares 10,662 (-5.3%) Est. Cost $112.82 Unrealized —

PFFD GLOBAL X FDS US PREFERRED ETF 0.1%

Value ($000) $935 (-4.0%) Shares 49,452 (-1.4%) Est. Cost $18.83 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OXY	OCCIDENTAL PETROL CORP	3,282,753 (-7.1%)	$134,987 (-19.1%)	17.8%	$46.06	-9.8%	COM	674599105
CLMT	CALUMET INC	5,156,271 (-4.6%)	$102,455 (+3.8%)	13.5%	$16.02	+20.1%	COM	131428104
NEM	NEWMONT CORP	202,569 (-4.7%)	$20,227 (+12.9%)	2.7%	$44.18	+104.2%	COM	651639106
MO	ALTRIA GROUP INC	235,728 (-1.1%)	$13,592 (-13.7%)	1.8%	$34.80	+70.6%	COM	02209S103
CAG	CONAGRA BRANDS INC	145,379 (-26.3%)	$2,517 (-30.3%)	0.3%	$24.81	-28.9%	COM	205887102
BTI	BRITISH AMER TOBACCO F SPONSORED ADR	343,016 (-1.0%)	$19,422 (+5.6%)	2.6%	$32.68	—	COM	110448107
MSFT	MICROSOFT CORP	13,924 (-2.2%)	$6,734 (-8.7%)	0.9%	$101.84	+391.5%	COM	594918104
UVV	UNIVERSAL CORP	142,083 (-1.3%)	$7,495 (-6.8%)	1.0%	$54.41	-2.4%	COM	913456109
AAPL	APPLE INC	78,074 (-8.7%)	$21,225 (-2.5%)	2.8%	$94.96	+182.6%	COM	037833100
UPS	UNITED PARCEL SERVICE	36,047 (-8.4%)	$3,576 (+8.8%)	0.5%	$102.98	-9.9%	COM	911312106
FSK	FS KKR CAPITAL CORP	132,384 (-6.3%)	$1,961 (-7.1%)	0.3%	$13.32	+10.4%	COM	302635206
GBDC	GOLUB CAPITAL BDC INC	146,834 (-4.6%)	$1,993 (-5.5%)	0.3%	$13.29	+1.9%	COM	38173M102
SCHD	SCHWAB US DIVIDEND EQUITY ETF	227,090 (-1.9%)	$6,229 (-1.5%)	0.8%	$26.50	—	US DIVIDEND EQ	808524797
LQD	ISHARES IBOXX INVESTMENT GRADE CORP BONDS	10,662 (-5.3%)	$1,175 (-6.4%)	0.2%	$112.82	—	IBOXX INV CP ETF	464287242
PFFD	GLOBAL X FDS US PREFERRED ETF	49,452 (-1.4%)	$935 (-4.0%)	0.1%	$18.83	—	US PFD ETF	37954Y657

Unchanged Positions (42)

OXY/WS OCCIDENTAL PETE CORP WTS EXP 08/03/2027 1.2%

Value ($000) $9,023 Shares 468,312 Est. Cost $41.23 Unrealized —

CMI CUMMINS INC 2.0%

Value ($000) $14,935 Shares 29,259 Est. Cost $126.18 Unrealized +269.6%

C CITIGROUP INC 2.3%

Value ($000) $17,547 Shares 150,376 Est. Cost $42.78 Unrealized +142.3%

T AT&T 1.4%

Value ($000) $10,774 Shares 433,735 Est. Cost $14.93 Unrealized +69.3%

AMGN AMGEN INC 1.5%

Value ($000) $11,750 Shares 35,899 Est. Cost $182.77 Unrealized +72.9%

DINO HF SINCLAIR CORP 1.5%

Value ($000) $11,236 Shares 243,842 Est. Cost $38.78 Unrealized +32.2%

WFC WELLS FARGO & CO 2.0%

Value ($000) $14,890 Shares 159,768 Est. Cost $32.60 Unrealized +165.8%

SUN SUNOCO LP 3.9%

Value ($000) $29,955 Shares 571,547 Est. Cost $41.96 Unrealized —

CSCO CISCO SYSTEMS INC 1.6%

Value ($000) $12,105 Shares 157,148 Est. Cost $43.69 Unrealized +68.9%

HPQ HP INC 0.7%

Value ($000) $5,258 Shares 236,002 Est. Cost $18.31 Unrealized +38.0%

GS GOLDMAN SACHS GROUP 1.5%

Value ($000) $11,552 Shares 13,142 Est. Cost $280.49 Unrealized +190.0%

ET ENERGY TRANSFER LP 3.1%

Value ($000) $23,459 Shares 1,422,619 Est. Cost $6.02 Unrealized —

BAC BANK OF AMERICA 1.8%

Value ($000) $13,642 Shares 248,042 Est. Cost $29.65 Unrealized +77.6%

MPLX MPLX LP 1.5%

Value ($000) $11,186 Shares 209,589 Est. Cost $28.50 Unrealized —

VLO VALERO ENERGY CORP NEW 1.4%

Value ($000) $10,682 Shares 65,621 Est. Cost $42.01 Unrealized +301.8%

ARLP ALLIANCE RESOURCE PAR LP 0.8%

Value ($000) $5,933 Shares 255,397 Est. Cost $20.25 Unrealized —

GOOGL ALPHABET INC CAPT STK CLA 0.3%

Value ($000) $1,960 Shares 6,261 Est. Cost $180.18 Unrealized +58.5%

BTU PEABODY ENERGY CORP 0.4%

Value ($000) $2,970 Shares 100,000 Est. Cost $21.32 Unrealized +37.7%

ABBV ABBVIE 1.9%

Value ($000) $14,375 Shares 62,912 Est. Cost $133.87 Unrealized +70.0%

CVX CHEVRON CORP 1.4%

Value ($000) $10,446 Shares 68,542 Est. Cost $85.72 Unrealized +76.6%

O REALTY INCOME COPR REIT 0.3%

Value ($000) $2,496 Shares 44,286 Est. Cost $52.52 Unrealized +9.2%

PFE PFIZER INC 1.1%

Value ($000) $8,495 Shares 341,161 Est. Cost $24.43 Unrealized +2.5%

SLV ISHARES SILVER TRUST ETF IV 0.1%

Value ($000) $451 Shares 7,000 Est. Cost $30.99 Unrealized —

ENB ENBRIDGE INC COM 0.3%

Value ($000) $2,221 Shares 46,445 Est. Cost $31.71 Unrealized +48.6%

SUI SUN COMMUNITIES REIT 0.4%

Value ($000) $2,759 Shares 22,270 Est. Cost $124.83 Unrealized —

WMB WILLIAMS COS INC 0.3%

Value ($000) $2,097 Shares 34,884 Est. Cost $18.19 Unrealized +230.2%

KMI KINDER MORGAN INC 0.5%

Value ($000) $3,757 Shares 136,684 Est. Cost $15.19 Unrealized +77.1%

XOM EXXON MOBIL CORP 0.2%

Value ($000) $1,208 Shares 10,040 Est. Cost $83.21 Unrealized +38.8%

WTTR SELECT WATER SOLUTIONSINC CL A COM 0.6%

Value ($000) $4,304 Shares 409,161 Est. Cost $9.24 Unrealized —

DKL DELEK LOGISTICS PARTNERS LP 0.4%

Value ($000) $3,136 Shares 70,288 Est. Cost $42.39 Unrealized —

BIZD VANECK ETF TR VANECK BDC INCOME ETF 0.1%

Value ($000) $1,080 Shares 76,171 Est. Cost $16.28 Unrealized —

GLP GLOBAL PARTNERS LP COMUNITS 0.1%

Value ($000) $413 Shares 9,860 Est. Cost $35.32 Unrealized —

WY WEYERHAEUSER CO COM 0.2%

Value ($000) $1,287 Shares 54,313 Est. Cost $19.40 Unrealized +18.5%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $486 Shares 2,347 Est. Cost $119.51 Unrealized +64.9%

TTYP TRINITY PETROLEUM TR 0.1%

Value ($000) $525 Shares 10,020 Est. Cost $90.39 Unrealized —

NCDL NUVEEN CHURCHILL DIRECT LEND 0.2%

Value ($000) $1,170 Shares 87,695 Est. Cost $14.97 Unrealized -8.2%

FFIN FIRST FINANCIAL BANKSHARES INC 0.0%

Value ($000) $262 Shares 8,760 Est. Cost $26.69 Unrealized +17.5%

MPT MEDICAL PROPERTIES TRUST INC 0.2%

Value ($000) $1,356 Shares 271,226 Est. Cost $6.71 Unrealized —

SPG SIMON PROPERTY GROUP INC 0.1%

Value ($000) $1,072 Shares 5,789 Est. Cost $97.32 Unrealized +85.0%

BXSL BLACKSTONE SECURED LENDING F 0.2%

Value ($000) $1,299 Shares 49,337 Est. Cost $16.82 Unrealized +55.1%

OKE ONEOK INC 0.2%

Value ($000) $1,392 Shares 18,941 Est. Cost $41.19 Unrealized +71.1%

BRK/B BERKSHIRE HATHAWAY INC 0.5%

Value ($000) $3,437 Shares 6,837 Est. Cost $463.97 Unrealized +7.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OXY/WS	OCCIDENTAL PETE CORP WTS EXP 08/03/2027	468,312	$9,023	1.2%	$41.23	—	*W EXP 08/03/2027	674599162
CMI	CUMMINS INC	29,259	$14,935	2.0%	$126.18	+269.6%	COM	231021106
C	CITIGROUP INC	150,376	$17,547	2.3%	$42.78	+142.3%	COM	172967424
T	AT&T	433,735	$10,774	1.4%	$14.93	+69.3%	COM	00206R102
AMGN	AMGEN INC	35,899	$11,750	1.5%	$182.77	+72.9%	COM	031162100
DINO	HF SINCLAIR CORP	243,842	$11,236	1.5%	$38.78	+32.2%	COM	403949100
WFC	WELLS FARGO & CO	159,768	$14,890	2.0%	$32.60	+165.8%	COM	949746101
SUN	SUNOCO LP	571,547	$29,955	3.9%	$41.96	—	COM	86765K109
CSCO	CISCO SYSTEMS INC	157,148	$12,105	1.6%	$43.69	+68.9%	COM	17275R102
HPQ	HP INC	236,002	$5,258	0.7%	$18.31	+38.0%	COM	40434L105
GS	GOLDMAN SACHS GROUP	13,142	$11,552	1.5%	$280.49	+190.0%	COM	38141G104
ET	ENERGY TRANSFER LP	1,422,619	$23,459	3.1%	$6.02	—	COM	29273V100
BAC	BANK OF AMERICA	248,042	$13,642	1.8%	$29.65	+77.6%	COM	060505104
MPLX	MPLX LP	209,589	$11,186	1.5%	$28.50	—	COM	55336V100
VLO	VALERO ENERGY CORP NEW	65,621	$10,682	1.4%	$42.01	+301.8%	COM	91913Y100
ARLP	ALLIANCE RESOURCE PAR LP	255,397	$5,933	0.8%	$20.25	—	COM	01877R108
GOOGL	ALPHABET INC CAPT STK CLA	6,261	$1,960	0.3%	$180.18	+58.5%	CAP STK CL A	02079K305
BTU	PEABODY ENERGY CORP	100,000	$2,970	0.4%	$21.32	+37.7%	COM	704551100
ABBV	ABBVIE	62,912	$14,375	1.9%	$133.87	+70.0%	COM	00287Y109
CVX	CHEVRON CORP	68,542	$10,446	1.4%	$85.72	+76.6%	COM	166764100
O	REALTY INCOME COPR REIT	44,286	$2,496	0.3%	$52.52	+9.2%	COM	756109104
PFE	PFIZER INC	341,161	$8,495	1.1%	$24.43	+2.5%	COM	717081103
SLV	ISHARES SILVER TRUST ETF IV	7,000	$451	0.1%	$30.99	—	ISHARES	46428Q109
ENB	ENBRIDGE INC COM	46,445	$2,221	0.3%	$31.71	+48.6%	COM	29250N105
SUI	SUN COMMUNITIES REIT	22,270	$2,759	0.4%	$124.83	—	COM	866674104
WMB	WILLIAMS COS INC	34,884	$2,097	0.3%	$18.19	+230.2%	COM	969457100
KMI	KINDER MORGAN INC	136,684	$3,757	0.5%	$15.19	+77.1%	COM	49456B101
XOM	EXXON MOBIL CORP	10,040	$1,208	0.2%	$83.21	+38.8%	COM	30231G102
WTTR	SELECT WATER SOLUTIONSINC CL A COM	409,161	$4,304	0.6%	$9.24	—	COM	81617J301
DKL	DELEK LOGISTICS PARTNERS LP	70,288	$3,136	0.4%	$42.39	—	COM UNT RP INT	24664T103
BIZD	VANECK ETF TR VANECK BDC INCOME ETF	76,171	$1,080	0.1%	$16.28	—	BDC INCOME ETF	92189F411
GLP	GLOBAL PARTNERS LP COMUNITS	9,860	$413	0.1%	$35.32	—	COM	37946R109
WY	WEYERHAEUSER CO COM	54,313	$1,287	0.2%	$19.40	+18.5%	COM	962166104
JNJ	JOHNSON & JOHNSON	2,347	$486	0.1%	$119.51	+64.9%	COM	478160104
TTYP	TRINITY PETROLEUM TR	10,020	$525	0.1%	$90.39	—	COM	896556107
NCDL	NUVEEN CHURCHILL DIRECT LEND	87,695	$1,170	0.2%	$14.97	-8.2%	COM SHS	67090S108
FFIN	FIRST FINANCIAL BANKSHARES INC	8,760	$262	0.0%	$26.69	+17.5%	COM	32020R109
MPT	MEDICAL PROPERTIES TRUST INC	271,226	$1,356	0.2%	$6.71	—	COM	58463J304
SPG	SIMON PROPERTY GROUP INC	5,789	$1,072	0.1%	$97.32	+85.0%	COM	828806109
BXSL	BLACKSTONE SECURED LENDING F	49,337	$1,299	0.2%	$16.82	+55.1%	COM	09261X102
OKE	ONEOK INC	18,941	$1,392	0.2%	$41.19	+71.1%	COM	682680103
BRK/B	BERKSHIRE HATHAWAY INC	6,837	$3,437	0.5%	$463.97	+7.2%	CL B NEW	084670702