HOURGLASS CAPITAL, LLC Diversified Active

Name: HOURGLASS CAPITAL, LLC Q2 2026 13F Filing | 13F Explorer
Creator: HOURGLASS CAPITAL, LLC
Published: 2026-07-29

Location: Houston, TX

CIK: 0001442573 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Jul 29, 2026

Total Value: $454M (100.0% shares, 0.0% debt)

Holdings (127)

New Positions (4)

DIA STATE STREET SPDR DOW 0.1%

Value $522K Shares 1,000 Est. Cost $522.39 Unrealized —

DVN DEVON ENERGY CORP NEW 0.1%

Value $261K Shares 6,315 Est. Cost $41.32 Unrealized —

GLW CORNING INC 0.1%

Value $255K Shares 1,000 Est. Cost $255.43 Unrealized —

SUN SUNOCO LP LP 0.0%

Value $203K Shares 3,003 Est. Cost $67.50 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DIA	STATE STREET SPDR DOW	1,000	$522K	0.1%	$522.39	—	UIE	78467X109
DVN	DEVON ENERGY CORP NEW	6,315	$261K	0.1%	$41.32	—	COM	25179M103
GLW	CORNING INC	1,000	$255K	0.1%	$255.43	—	COM	219350105
SUN	SUNOCO LP LP	3,003	$203K	0.0%	$67.50	—	MLP	86765K109

Increased Positions (9)

CNR CORE NAT RES INC 2.5%

Value $11.3M (-13.2%) Shares 141,251 (+13.6%) Est. Cost $81.58 Unrealized —

GLD SPDR GOLD SHARES 0.4%

Value $1.742M (+376.4%) Shares 4,730 (+456.5%) Est. Cost $379.51 Unrealized —

MO ALTRIA GROUP INC 1.1%

Value $4.809M (+24.6%) Shares 66,840 (+14.3%) Est. Cost $63.60 Unrealized —

SOFI SOFI TECHNOLOGIES INC 0.7%

Value $3.383M (+25.5%) Shares 188,700 (+11.1%) Est. Cost $22.99 Unrealized —

FLG FLAGSTAR BANK NTNL ASSOC 0.8%

Value $3.512M (+16.0%) Shares 235,100 (+2.2%) Est. Cost $12.31 Unrealized —

VO VANGUARD MID-CAP INDEX 0.3%

Value $1.421M (+12.2%) Shares 17,640 (+300.0%) Est. Cost $132.22 Unrealized —

PLTR PALANTIR TECHNOLOGIES IN 0.2%

Value $986K (-7.0%) Shares 8,450 (+16.6%) Est. Cost $148.84 Unrealized —

MOS THE MOSAIC CO 0.2%

Value $871K (-2.7%) Shares 41,100 (+17.1%) Est. Cost $25.13 Unrealized —

VZ VERIZON COMMUNICATIONS I 1.3%

Value $5.961M (+0.2%) Shares 140,778 (+18.8%) Est. Cost $39.77 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CNR	CORE NAT RES INC	141,251 (+13.6%)	$11.3M (-13.2%)	2.5%	$81.58	—	COM	218937100
GLD	SPDR GOLD SHARES	4,730 (+456.5%)	$1.742M (+376.4%)	0.4%	$379.51	—	UIE	78463V107
MO	ALTRIA GROUP INC	66,840 (+14.3%)	$4.809M (+24.6%)	1.1%	$63.60	—	COM	02209S103
SOFI	SOFI TECHNOLOGIES INC	188,700 (+11.1%)	$3.383M (+25.5%)	0.7%	$22.99	—	COM	83406F102
FLG	FLAGSTAR BANK NTNL ASSOC	235,100 (+2.2%)	$3.512M (+16.0%)	0.8%	$12.31	—	COM	649445400
VO	VANGUARD MID-CAP INDEX	17,640 (+300.0%)	$1.421M (+12.2%)	0.3%	$132.22	—	UIE	922908629
PLTR	PALANTIR TECHNOLOGIES IN	8,450 (+16.6%)	$986K (-7.0%)	0.2%	$148.84	—	COM	69608A108
MOS	THE MOSAIC CO	41,100 (+17.1%)	$871K (-2.7%)	0.2%	$25.13	—	COM	61945C103
VZ	VERIZON COMMUNICATIONS I	140,778 (+18.8%)	$5.961M (+0.2%)	1.3%	$39.77	—	COM	92343V104

Exited Positions (7)

APO APOLLO GLOBAL MGMT INC N 0.2%

Value $769K Shares 6,900 Est. Cost $133.41 Unrealized —

CLF CLEVELAND-CLIFFS INC NEW 0.1%

Value $450K Shares 53,200 Est. Cost $11.68 Unrealized —

SNOW SNOWFLAKE INC 0.1%

Value $392K Shares 2,600 Est. Cost $194.49 Unrealized —

CTRA COTERRA ENERGY INC 0.1%

Value $228K Shares 6,500 Est. Cost $25.10 Unrealized —

HESM HESS MIDSTREAM LP 0.0%

Value $205K Shares 5,276 Est. Cost $35.18 Unrealized —

TBT PROSHARES ULTRASHORT 20 0.0%

Value $200K Shares 5,700 Est. Cost $35.14 Unrealized —

EGY VAALCO ENERGY INC 0.0%

Value $159K Shares 25,000 Est. Cost $4.62 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
APO	APOLLO GLOBAL MGMT INC N	6,900	$769K	0.2%	$133.41	—	—	03769M106
CLF	CLEVELAND-CLIFFS INC NEW	53,200	$450K	0.1%	$11.68	—	—	185899101
SNOW	SNOWFLAKE INC	2,600	$392K	0.1%	$194.49	—	—	833445109
CTRA	COTERRA ENERGY INC	6,500	$228K	0.1%	$25.10	—	—	127097103
HESM	HESS MIDSTREAM LP	5,276	$205K	0.0%	$35.18	—	—	428103105
TBT	PROSHARES ULTRASHORT 20	5,700	$200K	0.0%	$35.14	—	—	74347B201
EGY	VAALCO ENERGY INC	25,000	$159K	0.0%	$4.62	—	—	91851C201

Decreased Positions (66)

LYB LYONDELLBASELL INDUSTR F 1.2%

Value $5.5M (-43.7%) Shares 104,468 (-13.9%) Est. Cost $61.39 Unrealized —

XOM EXXON MOBIL CORP 1.6%

Value $7.277M (-29.0%) Shares 53,228 (-11.9%) Est. Cost $65.85 Unrealized —

NEM NEWMONT CORP 2.2%

Value $10.06M (-21.0%) Shares 107,670 (-8.5%) Est. Cost $39.83 Unrealized —

T AT&T INC 0.8%

Value $3.727M (-40.1%) Shares 180,040 (-16.2%) Est. Cost $15.20 Unrealized —

WDS WOODSIDE ENERGY GROUP F 1.2%

Value $5.312M (-31.4%) Shares 274,960 (-15.2%) Est. Cost $19.62 Unrealized —

PFE PFIZER INC 1.6%

Value $7.329M (-24.9%) Shares 304,348 (-12.4%) Est. Cost $25.22 Unrealized —

CVX CHEVRON CORP NEW 1.4%

Value $6.286M (-27.7%) Shares 37,924 (-9.7%) Est. Cost $91.90 Unrealized —

HCA HCA HEALTHCARE INC 1.2%

Value $5.665M (-28.2%) Shares 14,530 (-12.8%) Est. Cost $97.73 Unrealized —

SLB SLB LIMITED F 1.5%

Value $7.005M (-21.1%) Shares 150,680 (-12.7%) Est. Cost $36.03 Unrealized —

WMT WALMART INC 1.5%

Value $6.781M (-21.1%) Shares 59,875 (-13.4%) Est. Cost $50.60 Unrealized —

FCX FREEPORT-MCMORAN INC 1.9%

Value $8.438M (-17.3%) Shares 134,178 (-22.7%) Est. Cost $32.85 Unrealized —

CSCO CISCO SYS INC 2.8%

Value $12.53M (+15.1%) Shares 106,660 (-24.0%) Est. Cost $24.69 Unrealized —

ZBH ZIMMER BIOMET HLDGS INC 1.2%

Value $5.464M (-22.6%) Shares 63,465 (-18.7%) Est. Cost $104.90 Unrealized —

GSK GSK PLC ADR F 1.4%

Value $6.489M (-18.5%) Shares 123,790 (-14.2%) Est. Cost $39.88 Unrealized —

KMI KINDER MORGAN INC DEL 1.5%

Value $6.967M (-17.1%) Shares 217,919 (-13.0%) Est. Cost $13.81 Unrealized —

GOOGL ALPHABET INC 3.2%

Value $14.4M (+10.7%) Shares 40,301 (-10.9%) Est. Cost $120.84 Unrealized —

MS MORGAN STANLEY 2.6%

Value $11.77M (+11.6%) Shares 56,320 (-12.1%) Est. Cost $21.19 Unrealized —

MAIN MAIN STR CAP CORP 1.2%

Value $5.44M (-16.9%) Shares 104,850 (-15.1%) Est. Cost $37.75 Unrealized —

WMB WILLIAMS COS INC 1.6%

Value $7.134M (-13.2%) Shares 95,960 (-15.0%) Est. Cost $19.56 Unrealized —

DOW DOW INC 0.4%

Value $1.595M (-39.5%) Shares 58,300 (-7.8%) Est. Cost $28.11 Unrealized —

KEX KIRBY CORP 1.7%

Value $7.698M (-11.6%) Shares 56,615 (-13.7%) Est. Cost $82.30 Unrealized —

VICI VICI PPTYS INC 1.1%

Value $5.059M (-16.4%) Shares 190,558 (-14.0%) Est. Cost $25.54 Unrealized —

DAL DELTA AIR LINES INC DEL 0.2%

Value $1.049M (-48.4%) Shares 11,200 (-63.3%) Est. Cost $43.78 Unrealized —

MSFT MICROSOFT CORP 1.8%

Value $8.136M (-9.4%) Shares 21,811 (-10.1%) Est. Cost $267.63 Unrealized —

HD HOME DEPOT INC 1.5%

Value $6.761M (-10.2%) Shares 19,170 (-16.3%) Est. Cost $186.58 Unrealized —

XLK STATE STREET TECHNOLOGY 0.5%

Value $2.371M (+41.1%) Shares 12,444 (-1.6%) Est. Cost $179.19 Unrealized —

C CITIGROUP INC 2.9%

Value $13.18M (+4.9%) Shares 94,137 (-15.0%) Est. Cost $38.94 Unrealized —

GS GOLDMAN SACHS GROUP INC 2.6%

Value $11.75M (+5.4%) Shares 11,621 (-11.8%) Est. Cost $144.46 Unrealized —

NVDA NVIDIA CORP 2.6%

Value $11.67M (+4.8%) Shares 58,325 (-8.7%) Est. Cost $143.36 Unrealized —

BKR BAKER HUGHES CO. A 0.6%

Value $2.661M (-15.8%) Shares 47,950 (-7.3%) Est. Cost $22.55 Unrealized —

QCOM QUALCOMM INC 0.9%

Value $4.109M (+12.9%) Shares 22,235 (-21.3%) Est. Cost $97.78 Unrealized —

CRM SALESFORCE INC 0.2%

Value $775K (-35.6%) Shares 4,950 (-23.3%) Est. Cost $215.77 Unrealized —

PM PHILIP MORRIS INTL INC 1.3%

Value $5.884M (-6.3%) Shares 32,524 (-14.4%) Est. Cost $61.34 Unrealized —

— MS EMERGING MARKETS DEBT 0.2%

Value $1.033M (-24.8%) Shares 141,500 (-27.7%) Est. Cost $7.02 Unrealized —

ORCL ORACLE CORP 1.5%

Value $6.914M (-4.7%) Shares 47,178 (-4.3%) Est. Cost $45.00 Unrealized —

— NUVEEN FLOATING RATE INC 0.3%

Value $1.155M (-22.3%) Shares 150,564 (-23.8%) Est. Cost $7.52 Unrealized —

FHI FEDERATED HERMES INC B 0.4%

Value $1.819M (-13.4%) Shares 32,950 (-11.1%) Est. Cost $25.76 Unrealized —

IRM IRON MTN INC NEW 1.6%

Value $7.395M (+3.9%) Shares 58,550 (-16.0%) Est. Cost $71.76 Unrealized —

— EV SENIOR FLOATING RATE 0.2%

Value $747K (-26.5%) Shares 70,500 (-26.9%) Est. Cost $10.54 Unrealized —

— ALLIANCEBERNSTEIN GLB HI 0.2%

Value $859K (-22.8%) Shares 83,380 (-23.8%) Est. Cost $10.17 Unrealized —

KHC KRAFT HEINZ CO 1.6%

Value $7.145M (-3.4%) Shares 302,480 (-8.0%) Est. Cost $27.07 Unrealized —

JNK STATE STREET SPDR 0.1%

Value $665K (-26.9%) Shares 6,900 (-27.4%) Est. Cost $95.72 Unrealized —

RF REGIONS FINL CORP NEW 1.1%

Value $4.995M (-4.6%) Shares 165,390 (-17.5%) Est. Cost $22.60 Unrealized —

LAMR LAMAR ADVERTISING CO NEW 1.4%

Value $6.395M (+3.8%) Shares 41,000 (-15.7%) Est. Cost $127.62 Unrealized —

BHP BHP GROUP LTD F 1.5%

Value $6.772M (-3.2%) Shares 81,290 (-15.4%) Est. Cost $44.28 Unrealized —

IGSB ISHARES 1-5 YEAR 0.7%

Value $3.04M (-6.4%) Shares 58,000 (-6.1%) Est. Cost $52.56 Unrealized —

UPS UNITED PARCEL SVC INC 1.4%

Value $6.49M (+3.3%) Shares 60,375 (-5.4%) Est. Cost $114.08 Unrealized —

LMT LOCKHEED MARTIN CORP 0.2%

Value $749K (-21.1%) Shares 1,470 (-6.4%) Est. Cost $263.79 Unrealized —

TBF PROSHARES SHORT 20 YEAR 0.2%

Value $1.088M (-15.4%) Shares 44,900 (-15.4%) Est. Cost $24.23 Unrealized —

HPQ HP INC 1.0%

Value $4.652M (-4.0%) Shares 212,039 (-15.9%) Est. Cost $20.27 Unrealized —

SGIOY SHIONOGI & CO LTD F 0.1%

Value $375K (-33.6%) Shares 43,900 (-13.8%) Est. Cost $11.09 Unrealized —

FITB FIFTH THIRD BANCORP 0.4%

Value $1.964M (+10.3%) Shares 34,850 (-9.1%) Est. Cost $21.01 Unrealized —

— FIRST TRUST SENIOR FR IN 0.2%

Value $925K (-15.6%) Shares 95,800 (-15.8%) Est. Cost $9.64 Unrealized —

BRK/B BERKSHIRE HATHAWAY 0.4%

Value $2.037M (-7.4%) Shares 4,070 (-11.3%) Est. Cost $144.52 Unrealized —

JNJ JOHNSON & JOHNSON 0.4%

Value $1.895M (-7.7%) Shares 7,460 (-11.2%) Est. Cost $76.99 Unrealized —

ABT ABBOTT LABS 0.1%

Value $363K (-29.3%) Shares 4,000 (-20.0%) Est. Cost $130.61 Unrealized —

FSLR FIRST SOLAR INC 0.4%

Value $1.809M (+8.7%) Shares 7,665 (-9.1%) Est. Cost $154.73 Unrealized —

VLY VALLEY NATL BANCORP 1.4%

Value $6.515M (+2.0%) Shares 444,700 (-14.5%) Est. Cost $10.37 Unrealized —

SJM SMUCKER J M CO 1.1%

Value $4.846M (-2.3%) Shares 43,080 (-16.2%) Est. Cost $105.96 Unrealized —

— BLACKROCK CORP HIGH YIEL 0.0%

Value $165K (-35.3%) Shares 19,279 (-35.6%) Est. Cost $8.52 Unrealized —

UNP UNION PAC CORP 1.5%

Value $6.751M (-0.9%) Shares 24,821 (-11.6%) Est. Cost $239.59 Unrealized —

ABBV ABBVIE INC 1.6%

Value $7.461M (+0.7%) Shares 29,650 (-13.0%) Est. Cost $102.46 Unrealized —

VWO VANGUARD FTSE EMERGING 0.5%

Value $2.05M (+2.4%) Shares 34,345 (-7.3%) Est. Cost $54.01 Unrealized —

AAPL APPLE INC 1.5%

Value $6.637M (-0.6%) Shares 22,937 (-12.8%) Est. Cost $82.62 Unrealized —

IBM IBM CORP 1.3%

Value $6.09M (-0.6%) Shares 21,656 (-14.3%) Est. Cost $107.08 Unrealized —

AVGO BROADCOM INC 1.7%

Value $7.768M (-0.4%) Shares 20,563 (-18.4%) Est. Cost $178.57 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LYB	LYONDELLBASELL INDUSTR F	104,468 (-13.9%)	$5.5M (-43.7%)	1.2%	$61.39	—	FGO	N53745100
XOM	EXXON MOBIL CORP	53,228 (-11.9%)	$7.277M (-29.0%)	1.6%	$65.85	—	COM	30231G102
NEM	NEWMONT CORP	107,670 (-8.5%)	$10.06M (-21.0%)	2.2%	$39.83	—	COM	651639106
T	AT&T INC	180,040 (-16.2%)	$3.727M (-40.1%)	0.8%	$15.20	—	COM	00206R102
WDS	WOODSIDE ENERGY GROUP F	274,960 (-15.2%)	$5.312M (-31.4%)	1.2%	$19.62	—	ADR	980228308
PFE	PFIZER INC	304,348 (-12.4%)	$7.329M (-24.9%)	1.6%	$25.22	—	COM	717081103
CVX	CHEVRON CORP NEW	37,924 (-9.7%)	$6.286M (-27.7%)	1.4%	$91.90	—	COM	166764100
HCA	HCA HEALTHCARE INC	14,530 (-12.8%)	$5.665M (-28.2%)	1.2%	$97.73	—	COM	40412C101
SLB	SLB LIMITED F	150,680 (-12.7%)	$7.005M (-21.1%)	1.5%	$36.03	—	FGO	806857108
WMT	WALMART INC	59,875 (-13.4%)	$6.781M (-21.1%)	1.5%	$50.60	—	COM	931142103
FCX	FREEPORT-MCMORAN INC	134,178 (-22.7%)	$8.438M (-17.3%)	1.9%	$32.85	—	COM	35671D857
CSCO	CISCO SYS INC	106,660 (-24.0%)	$12.53M (+15.1%)	2.8%	$24.69	—	COM	17275R102
ZBH	ZIMMER BIOMET HLDGS INC	63,465 (-18.7%)	$5.464M (-22.6%)	1.2%	$104.90	—	COM	98956P102
GSK	GSK PLC ADR F	123,790 (-14.2%)	$6.489M (-18.5%)	1.4%	$39.88	—	ADR	37733W204
KMI	KINDER MORGAN INC DEL	217,919 (-13.0%)	$6.967M (-17.1%)	1.5%	$13.81	—	COM	49456B101
GOOGL	ALPHABET INC	40,301 (-10.9%)	$14.4M (+10.7%)	3.2%	$120.84	—	COM	02079K305
MS	MORGAN STANLEY	56,320 (-12.1%)	$11.77M (+11.6%)	2.6%	$21.19	—	COM	617446448
MAIN	MAIN STR CAP CORP	104,850 (-15.1%)	$5.44M (-16.9%)	1.2%	$37.75	—	COM	56035L104
WMB	WILLIAMS COS INC	95,960 (-15.0%)	$7.134M (-13.2%)	1.6%	$19.56	—	COM	969457100
DOW	DOW INC	58,300 (-7.8%)	$1.595M (-39.5%)	0.4%	$28.11	—	COM	260557103
KEX	KIRBY CORP	56,615 (-13.7%)	$7.698M (-11.6%)	1.7%	$82.30	—	COM	497266106
VICI	VICI PPTYS INC	190,558 (-14.0%)	$5.059M (-16.4%)	1.1%	$25.54	—	RET	925652109
DAL	DELTA AIR LINES INC DEL	11,200 (-63.3%)	$1.049M (-48.4%)	0.2%	$43.78	—	COM	247361702
MSFT	MICROSOFT CORP	21,811 (-10.1%)	$8.136M (-9.4%)	1.8%	$267.63	—	COM	594918104
HD	HOME DEPOT INC	19,170 (-16.3%)	$6.761M (-10.2%)	1.5%	$186.58	—	COM	437076102
XLK	STATE STREET TECHNOLOGY	12,444 (-1.6%)	$2.371M (+41.1%)	0.5%	$179.19	—	UIE	81369Y803
C	CITIGROUP INC	94,137 (-15.0%)	$13.18M (+4.9%)	2.9%	$38.94	—	COM	172967424
GS	GOLDMAN SACHS GROUP INC	11,621 (-11.8%)	$11.75M (+5.4%)	2.6%	$144.46	—	COM	38141G104
NVDA	NVIDIA CORP	58,325 (-8.7%)	$11.67M (+4.8%)	2.6%	$143.36	—	COM	67066G104
BKR	BAKER HUGHES CO. A	47,950 (-7.3%)	$2.661M (-15.8%)	0.6%	$22.55	—	COM	05722G100
QCOM	QUALCOMM INC	22,235 (-21.3%)	$4.109M (+12.9%)	0.9%	$97.78	—	COM	747525103
CRM	SALESFORCE INC	4,950 (-23.3%)	$775K (-35.6%)	0.2%	$215.77	—	COM	79466L302
PM	PHILIP MORRIS INTL INC	32,524 (-14.4%)	$5.884M (-6.3%)	1.3%	$61.34	—	COM	718172109
—	MS EMERGING MARKETS DEBT	141,500 (-27.7%)	$1.033M (-24.8%)	0.2%	$7.02	—	CEM	61744H105
ORCL	ORACLE CORP	47,178 (-4.3%)	$6.914M (-4.7%)	1.5%	$45.00	—	COM	68389X105
—	NUVEEN FLOATING RATE INC	150,564 (-23.8%)	$1.155M (-22.3%)	0.3%	$7.52	—	CEM	67072T108
FHI	FEDERATED HERMES INC B	32,950 (-11.1%)	$1.819M (-13.4%)	0.4%	$25.76	—	COM	314211103
IRM	IRON MTN INC NEW	58,550 (-16.0%)	$7.395M (+3.9%)	1.6%	$71.76	—	RET	46284V101
—	EV SENIOR FLOATING RATE	70,500 (-26.9%)	$747K (-26.5%)	0.2%	$10.54	—	CEM	27828Q105
—	ALLIANCEBERNSTEIN GLB HI	83,380 (-23.8%)	$859K (-22.8%)	0.2%	$10.17	—	CEM	01879R106
KHC	KRAFT HEINZ CO	302,480 (-8.0%)	$7.145M (-3.4%)	1.6%	$27.07	—	COM	500754106
JNK	STATE STREET SPDR	6,900 (-27.4%)	$665K (-26.9%)	0.1%	$95.72	—	UIE	78468R622
RF	REGIONS FINL CORP NEW	165,390 (-17.5%)	$4.995M (-4.6%)	1.1%	$22.60	—	COM	7591EP100
LAMR	LAMAR ADVERTISING CO NEW	41,000 (-15.7%)	$6.395M (+3.8%)	1.4%	$127.62	—	RET	512816109
BHP	BHP GROUP LTD F	81,290 (-15.4%)	$6.772M (-3.2%)	1.5%	$44.28	—	ADR	088606108
IGSB	ISHARES 1-5 YEAR	58,000 (-6.1%)	$3.04M (-6.4%)	0.7%	$52.56	—	UIE	464288646
UPS	UNITED PARCEL SVC INC	60,375 (-5.4%)	$6.49M (+3.3%)	1.4%	$114.08	—	COM	911312106
LMT	LOCKHEED MARTIN CORP	1,470 (-6.4%)	$749K (-21.1%)	0.2%	$263.79	—	COM	539830109
TBF	PROSHARES SHORT 20 YEAR	44,900 (-15.4%)	$1.088M (-15.4%)	0.2%	$24.23	—	UIE	74347X849
HPQ	HP INC	212,039 (-15.9%)	$4.652M (-4.0%)	1.0%	$20.27	—	COM	40434L105
SGIOY	SHIONOGI & CO LTD F	43,900 (-13.8%)	$375K (-33.6%)	0.1%	$11.09	—	ADR	824667109
FITB	FIFTH THIRD BANCORP	34,850 (-9.1%)	$1.964M (+10.3%)	0.4%	$21.01	—	COM	316773100
—	FIRST TRUST SENIOR FR IN	95,800 (-15.8%)	$925K (-15.6%)	0.2%	$9.64	—	CEM	33733U108
BRK/B	BERKSHIRE HATHAWAY	4,070 (-11.3%)	$2.037M (-7.4%)	0.4%	$144.52	—	COM	084670702
JNJ	JOHNSON & JOHNSON	7,460 (-11.2%)	$1.895M (-7.7%)	0.4%	$76.99	—	COM	478160104
ABT	ABBOTT LABS	4,000 (-20.0%)	$363K (-29.3%)	0.1%	$130.61	—	COM	002824100
FSLR	FIRST SOLAR INC	7,665 (-9.1%)	$1.809M (+8.7%)	0.4%	$154.73	—	COM	336433107
VLY	VALLEY NATL BANCORP	444,700 (-14.5%)	$6.515M (+2.0%)	1.4%	$10.37	—	COM	919794107
SJM	SMUCKER J M CO	43,080 (-16.2%)	$4.846M (-2.3%)	1.1%	$105.96	—	COM	832696405
—	BLACKROCK CORP HIGH YIEL	19,279 (-35.6%)	$165K (-35.3%)	0.0%	$8.52	—	CEM	09255P107
UNP	UNION PAC CORP	24,821 (-11.6%)	$6.751M (-0.9%)	1.5%	$239.59	—	COM	907818108
ABBV	ABBVIE INC	29,650 (-13.0%)	$7.461M (+0.7%)	1.6%	$102.46	—	COM	00287Y109
VWO	VANGUARD FTSE EMERGING	34,345 (-7.3%)	$2.05M (+2.4%)	0.5%	$54.01	—	UIE	922042858
AAPL	APPLE INC	22,937 (-12.8%)	$6.637M (-0.6%)	1.5%	$82.62	—	COM	037833100
IBM	IBM CORP	21,656 (-14.3%)	$6.09M (-0.6%)	1.3%	$107.08	—	COM	459200101
AVGO	BROADCOM INC	20,563 (-18.4%)	$7.768M (-0.4%)	1.7%	$178.57	—	COM	11135F101

Unchanged Positions (48)

PANW PALO ALTO NETWORKS INC 1.7%

Value $7.716M Shares 22,625 Est. Cost $172.15 Unrealized —

SPY STATE STREET SPDR S&P 2.8%

Value $12.82M Shares 17,168 Est. Cost $624.11 Unrealized —

QQQ INVESCO QQQ TR 0.7%

Value $3.328M Shares 4,519 Est. Cost $577.18 Unrealized —

AMZN AMAZON.COM INC 1.0%

Value $4.486M Shares 18,820 Est. Cost $226.83 Unrealized —

PWR QUANTA SVCS INC 0.4%

Value $1.8M Shares 2,500 Est. Cost $486.21 Unrealized —

CRWD CROWDSTRIKE HLDGS INC 0.2%

Value $763K Shares 1,000 Est. Cost $431.12 Unrealized —

NFLX NETFLIX INC 0.2%

Value $1.071M Shares 15,000 Est. Cost $83.84 Unrealized —

DDOG DATADOG INC 0.1%

Value $651K Shares 2,500 Est. Cost $123.93 Unrealized —

RSP INVESCO S&P 500 EQUAL 0.6%

Value $2.685M Shares 12,620 Est. Cost $191.92 Unrealized —

VTI VANGUARD TOTAL STOCK 0.4%

Value $1.872M Shares 5,059 Est. Cost $251.36 Unrealized —

FFIN FIRST FINL BANKSHARES IN 0.3%

Value $1.384M Shares 40,000 Est. Cost $35.57 Unrealized —

VB VANGUARD SMALL-CAP INDEX 0.3%

Value $1.493M Shares 4,925 Est. Cost $261.92 Unrealized —

DHI D R HORTON INC 0.3%

Value $1.15M Shares 7,060 Est. Cost $19.19 Unrealized —

TSLA TESLA INC 0.3%

Value $1.451M Shares 3,450 Est. Cost $425.98 Unrealized —

CAT CATERPILLAR INC 0.1%

Value $465K Shares 437 Est. Cost $206.59 Unrealized —

ANET ARISTA NETWORKS INC 0.1%

Value $552K Shares 3,250 Est. Cost $135.05 Unrealized —

SPMO INVESCO S&P 500 MOMENTUM 0.1%

Value $485K Shares 3,000 Est. Cost $112.11 Unrealized —

AIRR FIRST TRUST RBA AMERICAN 0.2%

Value $800K Shares 6,000 Est. Cost $110.78 Unrealized —

ETN EATON CORP PLC F 0.1%

Value $639K Shares 1,500 Est. Cost $80.68 Unrealized —

TRGP TARGA RES CORP 0.3%

Value $1.34M Shares 4,998 Est. Cost $201.70 Unrealized —

HEDJ WISDOMTREE EUROPE HEDGED 0.2%

Value $913K Shares 16,010 Est. Cost $52.30 Unrealized —

SDY STATE STREET SPDR S&P 0.3%

Value $1.439M Shares 9,455 Est. Cost $110.25 Unrealized —

MSDL MORGAN STANLEY DIRECT LE 0.2%

Value $736K Shares 48,672 Est. Cost $16.03 Unrealized —

CEG CONSTELLATION ENERGY COR 0.1%

Value $435K Shares 1,750 Est. Cost $301.15 Unrealized —

COST COSTCO WHSL CORP NEW 0.2%

Value $823K Shares 880 Est. Cost $865.47 Unrealized —

GOOG ALPHABET INC 0.1%

Value $282K Shares 798 Est. Cost $111.81 Unrealized —

OEF ISHARES S&P 100 ETF 0.1%

Value $344K Shares 940 Est. Cost $90.91 Unrealized —

SHEL SHELL PLC F 0.0%

Value $205K Shares 2,650 Est. Cost $93.00 Unrealized —

EPD ENTERPRISE PRODS PART LP 0.3%

Value $1.377M Shares 37,447 Est. Cost $37.84 Unrealized —

WES WESTERN MIDSTREAM PAR LP 0.1%

Value $582K Shares 13,308 Est. Cost $41.17 Unrealized —

IWD ISHARES RUSSELL 1000 0.1%

Value $252K Shares 1,039 Est. Cost $200.63 Unrealized —

UBER UBER TECHNOLOGIES INC 2.2%

Value $10.2M Shares 141,285 Est. Cost $79.10 Unrealized —

TRP TC ENERGY CORP F 0.1%

Value $514K Shares 7,760 Est. Cost $58.22 Unrealized —

META META PLATFORMS INC 0.4%

Value $1.704M Shares 3,025 Est. Cost $655.57 Unrealized —

XLF STATE STREET FINANCIAL 0.1%

Value $265K Shares 4,937 Est. Cost $49.37 Unrealized —

MPLX MPLX LP LP 0.3%

Value $1.457M Shares 25,872 Est. Cost $57.07 Unrealized —

CL COLGATE PALMOLIVE CO 0.1%

Value $257K Shares 2,800 Est. Cost $85.78 Unrealized —

XLC STATE STREET 0.1%

Value $429K Shares 4,000 Est. Cost $96.81 Unrealized —

CQP CHENIERE ENERGY PARTN LP 0.0%

Value $223K Shares 3,653 Est. Cost $64.63 Unrealized —

VLO VALERO ENERGY CORP NEW 0.0%

Value $226K Shares 869 Est. Cost $72.14 Unrealized —

ET ENERGY TRANSFER L P LP 0.2%

Value $1.093M Shares 57,141 Est. Cost $19.30 Unrealized —

OKE ONEOK INC NEW 0.1%

Value $257K Shares 2,961 Est. Cost $78.53 Unrealized —

WFC WELLS FARGO & CO 0.1%

Value $248K Shares 3,000 Est. Cost $90.04 Unrealized —

NEXT NEXTDECADE CORP 0.1%

Value $421K Shares 55,814 Est. Cost $5.20 Unrealized —

TYBT TRINITY BK N A FT WORTH 0.1%

Value $231K Shares 2,400 Est. Cost $96.05 Unrealized —

ENB ENBRIDGE INC F 0.1%

Value $391K Shares 7,204 Est. Cost $48.57 Unrealized —

PAGP PLAINS GP HLDGS L P 0.1%

Value $297K Shares 12,255 Est. Cost $24.28 Unrealized —

BLK BLACKROCK INC NEW 0.1%

Value $288K Shares 300 Est. Cost $1097.38 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PANW	PALO ALTO NETWORKS INC	22,625	$7.716M	1.7%	$172.15	—	COM	697435105
SPY	STATE STREET SPDR S&P	17,168	$12.82M	2.8%	$624.11	—	UIE	78462F103
QQQ	INVESCO QQQ TR	4,519	$3.328M	0.7%	$577.18	—	UIE	46090E103
AMZN	AMAZON.COM INC	18,820	$4.486M	1.0%	$226.83	—	COM	023135106
PWR	QUANTA SVCS INC	2,500	$1.8M	0.4%	$486.21	—	COM	74762E102
CRWD	CROWDSTRIKE HLDGS INC	1,000	$763K	0.2%	$431.12	—	COM	22788C105
NFLX	NETFLIX INC	15,000	$1.071M	0.2%	$83.84	—	COM	64110L106
DDOG	DATADOG INC	2,500	$651K	0.1%	$123.93	—	COM	23804L103
RSP	INVESCO S&P 500 EQUAL	12,620	$2.685M	0.6%	$191.92	—	UIE	46137V357
VTI	VANGUARD TOTAL STOCK	5,059	$1.872M	0.4%	$251.36	—	UIE	922908769
FFIN	FIRST FINL BANKSHARES IN	40,000	$1.384M	0.3%	$35.57	—	COM	32020R109
VB	VANGUARD SMALL-CAP INDEX	4,925	$1.493M	0.3%	$261.92	—	UIE	922908751
DHI	D R HORTON INC	7,060	$1.15M	0.3%	$19.19	—	COM	23331A109
TSLA	TESLA INC	3,450	$1.451M	0.3%	$425.98	—	COM	88160R101
CAT	CATERPILLAR INC	437	$465K	0.1%	$206.59	—	COM	149123101
ANET	ARISTA NETWORKS INC	3,250	$552K	0.1%	$135.05	—	COM	040413205
SPMO	INVESCO S&P 500 MOMENTUM	3,000	$485K	0.1%	$112.11	—	UIE	46138E339
AIRR	FIRST TRUST RBA AMERICAN	6,000	$800K	0.2%	$110.78	—	UIE	33738R704
ETN	EATON CORP PLC F	1,500	$639K	0.1%	$80.68	—	FGO	G29183103
TRGP	TARGA RES CORP	4,998	$1.34M	0.3%	$201.70	—	COM	87612G101
HEDJ	WISDOMTREE EUROPE HEDGED	16,010	$913K	0.2%	$52.30	—	UIE	97717X701
SDY	STATE STREET SPDR S&P	9,455	$1.439M	0.3%	$110.25	—	UIE	78464A763
MSDL	MORGAN STANLEY DIRECT LE	48,672	$736K	0.2%	$16.03	—	COM	61774A103
CEG	CONSTELLATION ENERGY COR	1,750	$435K	0.1%	$301.15	—	COM	21037T109
COST	COSTCO WHSL CORP NEW	880	$823K	0.2%	$865.47	—	COM	22160K105
GOOG	ALPHABET INC	798	$282K	0.1%	$111.81	—	COM	02079K107
OEF	ISHARES S&P 100 ETF	940	$344K	0.1%	$90.91	—	UIE	464287101
SHEL	SHELL PLC F	2,650	$205K	0.0%	$93.00	—	ADR	780259305
EPD	ENTERPRISE PRODS PART LP	37,447	$1.377M	0.3%	$37.84	—	MLP	293792107
WES	WESTERN MIDSTREAM PAR LP	13,308	$582K	0.1%	$41.17	—	MLP	958669103
IWD	ISHARES RUSSELL 1000	1,039	$252K	0.1%	$200.63	—	UIE	464287598
UBER	UBER TECHNOLOGIES INC	141,285	$10.2M	2.2%	$79.10	—	COM	90353T100
TRP	TC ENERGY CORP F	7,760	$514K	0.1%	$58.22	—	FGC	87807B107
META	META PLATFORMS INC	3,025	$1.704M	0.4%	$655.57	—	COM	30303M102
XLF	STATE STREET FINANCIAL	4,937	$265K	0.1%	$49.37	—	UIE	81369Y605
MPLX	MPLX LP LP	25,872	$1.457M	0.3%	$57.07	—	MLP	55336V100
CL	COLGATE PALMOLIVE CO	2,800	$257K	0.1%	$85.78	—	COM	194162103
XLC	STATE STREET	4,000	$429K	0.1%	$96.81	—	UIE	81369Y852
CQP	CHENIERE ENERGY PARTN LP	3,653	$223K	0.0%	$64.63	—	MLP	16411Q101
VLO	VALERO ENERGY CORP NEW	869	$226K	0.0%	$72.14	—	COM	91913Y100
ET	ENERGY TRANSFER L P LP	57,141	$1.093M	0.2%	$19.30	—	MLP	29273V100
OKE	ONEOK INC NEW	2,961	$257K	0.1%	$78.53	—	COM	682680103
WFC	WELLS FARGO & CO	3,000	$248K	0.1%	$90.04	—	COM	949746101
NEXT	NEXTDECADE CORP	55,814	$421K	0.1%	$5.20	—	COM	65342K105
TYBT	TRINITY BK N A FT WORTH	2,400	$231K	0.1%	$96.05	—	COM	89641T104
ENB	ENBRIDGE INC F	7,204	$391K	0.1%	$48.57	—	FGC	29250N105
PAGP	PLAINS GP HLDGS L P	12,255	$297K	0.1%	$24.28	—	COM	72651A207
BLK	BLACKROCK INC NEW	300	$288K	0.1%	$1097.38	—	COM	09290D101