Concorde Financial Corp
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Concorde Financial Corp reported 40 stock positions worth $152.2 million. Its top holding was Texas Pacific Land (TPL) at 10.9% of the portfolio, followed by Sprott Physical Gold Trust (PHYS, 10.0%) and Exxon Mobil (XOM, 6.9%). Compared with Q1 2024, it opened 4 new positions, sold out of 1, added to 22 and reduced 7. The biggest buy was Microsoft (MSFT, shares +425%) and the biggest sale Sprott Physical Gold Trust (PHYS, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001911822
- Portfolio Value
- $152.2M (Q2 2024)
- SEC Filing
- 0001420506-24-001494 ↗ filed Aug 14, 2024
Holdings Value
Holdings 40 stocks · $152.2M
| TPL Texas Pacific Land Corp. | 10.95% | 22,695 | $16.7M | Reduce -0.2% |
| PHYS Sprott Physical Gold Trust | 10.02% | 844,699 | $15.3M | Reduce -0.5% |
| XOM Exxon Mobil Corp. | 6.87% | 90,799 | $10.5M | Add +78.6% |
| JPST JPMorgan Ultra-Short Income | 4.74% | 143,029 | $7.2M | Add +1.6% |
| ET Energy Transfer LP | 4.71% | 442,234 | $7.2M | Reduce -0.1% |
| MSFT Microsoft Corp. | 4.47% | 15,233 | $6.8M | Add +425.3% |
| BSM Black Stone Minerals LP | 3.98% | 386,418 | $6.1M | Add +1.6% |
| JPM JPMorgan Chase & Co. | 3.96% | 29,814 | $6.0M | Reduce -19.5% |
| ABBV Abbvie Inc. | 3.74% | 33,193 | $5.7M | Reduce -19.9% |
| AMZN Amazon.com Inc. | 3.70% | 29,111 | $5.6M | Add +0.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 3.02% | 41,808 | $4.6M | Add +596.8% |
| CB Chubb Ltd. | 2.95% | 17,529 | $4.5M | Add +2.1% |
| FNV Franco-Nevada Corp. | 2.88% | 37,031 | $4.4M | Add +561.3% |
| JNJ Johnson & Johnson | 2.54% | 26,454 | $3.9M | Add +451.1% |
| TXN Texas Instruments Inc. | 2.39% | 18,730 | $3.6M | Add +485.3% |
| MLM Martin Marietta Materials | 2.35% | 6,599 | $3.6M | Add +559.9% |
| BG Bunge Global SA | 2.32% | 33,138 | $3.5M | Add +0.7% |
| LPX Louisiana-Pacific Corp. | 2.29% | 42,300 | $3.5M | Add +456.6% |
| FR First Industrial Realty TR | 2.23% | 70,794 | $3.4M | Reduce -7.8% |
| HUBB Hubbell Inc. | 2.10% | 8,750 | $3.2M | Add +446.9% |
| NOC Northrop Grumman Corp. | 2.03% | 7,093 | $3.1M | Add +491.1% |
| CP Canadian Pacific Kansas City | 2.03% | 39,185 | $3.1M | Add +1.3% |
| LOW Lowe's Cos Inc. | 1.95% | 13,460 | $3.0M | Add +334.2% |
| HHH Howard Hughes Holdings Inc. | 1.95% | 45,717 | $3.0M | Add +3.6% |
| HSY The Hershey Co. | 1.89% | 15,630 | $2.9M | Add +460.2% |
| DMLP Dorchester Minerals LP | 1.49% | 73,586 | $2.3M | Reduce -0.1% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 1.46% | 40,132 | $2.2M | Add +4.3% |
| WBD Warner Bros Discovery Inc. | 1.36% | 279,008 | $2.1M | Add +363.1% |
| MRNA Moderna Inc. | 1.34% | 17,200 | $2.0M | Add +0.7% |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 1.26% | 23,279 | $1.9M | New |
| MINT PIMCO Enhanced Short Maturit | 0.48% | 7,210 | $726K | No change |
| XOP SS SPDR S&P Og Exp & Prod | 0.33% | 3,462 | $504K | No change |
| XES SS SPDR S&P Og Eqp & Serv | 0.15% | 2,571 | $234K | No change |
| MGM MGM Resorts International | 0.02% | 550 | $24K | New |
| DD Dupont DE Nemours Inc. | 0.02% | 292 | $24K | No change |
| CTVA Corteva Inc. | 0.01% | 292 | $16K | No change |
| DOW Dow Inc. | 0.01% | 292 | $15K | New |
| STWD Starwood Property Trust Inc. | 0.01% | 500 | $10K | No change |
| XLRE SS Real Estate Select Sector | 0.01% | 250 | $10K | New |
| EHAB Enhabit Inc. | 0.00% | 90 | $803 | No change |
Portfolio Sells Q1 2024 → Q2 2024
| PHYS Sprott Physical Gold Trust | Reduce -0.5% | 10.02% | −3.33 |
| ABBV Abbvie Inc. | Reduce -19.9% | 3.74% | −3.12 |
| JPM JPMorgan Chase & Co. | Reduce -19.5% | 3.96% | −2.78 |
| ET Energy Transfer LP | Reduce -0.1% | 4.71% | −1.62 |
| FR First Industrial Realty TR | Reduce -7.8% | 2.23% | −1.47 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −1.13 |
| TPL Texas Pacific Land Corp. | Reduce -0.2% | 10.95% | −1.01 |
| DMLP Dorchester Minerals LP | Reduce -0.1% | 1.49% | −0.77 |
Portfolio Buys Q1 2024 → Q2 2024
| MSFT Microsoft Corp. | Add +425.3% | 4.47% | +3.36 |
| TJX TJX Companies Inc. | Add +596.8% | 3.02% | +2.47 |
| FNV Franco-Nevada Corp. | Add +561.3% | 2.88% | +2.28 |
| TXN Texas Instruments Inc. | Add +485.3% | 2.39% | +1.89 |
| JNJ Johnson & Johnson | Add +451.1% | 2.54% | +1.85 |
| MLM Martin Marietta Materials | Add +559.9% | 2.35% | +1.79 |
| LPX Louisiana-Pacific Corp. | Add +456.6% | 2.29% | +1.71 |
| NOC Northrop Grumman Corp. | Add +491.1% | 2.03% | +1.51 |
| HUBB Hubbell Inc. | Add +446.9% | 2.10% | +1.50 |
| XOM Exxon Mobil Corp. | Add +78.6% | 6.87% | +1.49 |
| HSY The Hershey Co. | Add +460.2% | 1.89% | +1.39 |
| EXE Expand Energy Corp. | New | 1.26% | +1.26 |
| LOW Lowe's Cos Inc. | Add +334.2% | 1.95% | +1.23 |
| WBD Warner Bros Discovery Inc. | Add +363.1% | 1.36% | +0.89 |
| MGM MGM Resorts International | New | 0.02% | +0.02 |
| DOW Dow Inc. | New | 0.01% | +0.01 |
| XLRE SS Real Estate Select Sector | New | 0.01% | +0.01 |
| MRNA Moderna Inc. | Add +0.7% | 1.34% | −0.31 |
| JEPQ JPM Nasdaq Equity Premium | Add +4.3% | 1.46% | −0.43 |
| BG Bunge Global SA | Add +0.7% | 2.32% | −0.74 |
| HHH Howard Hughes Holdings Inc. | Add +3.6% | 1.95% | −0.97 |
| AMZN Amazon.com Inc. | Add +0.1% | 3.70% | −1.08 |
| CP Canadian Pacific Kansas City | Add +1.3% | 2.03% | −1.08 |
| CB Chubb Ltd. | Add +2.1% | 2.95% | −1.11 |
| BSM Black Stone Minerals LP | Add +1.6% | 3.98% | −1.55 |
| JPST JPMorgan Ultra-Short Income | Add +1.6% | 4.74% | −1.71 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $124.1M | JPM, ET, XOM, JNJ, AMZN |
| Q1 2026 | 26 | $127.3M | XOM, OXY, JPM, ET, EXE |
| Q4 2025 | 27 | $129.0M | JPM, XOM, EXE, ET, ABBV |
| Q3 2025 | 36 | $180.4M | PHYS, TPL, JPM, BSM, EXE |
| Q2 2025 | 55 | $169.1M | PHYS, TPL, JPM, EXE, BSM |
| Q1 2025 | 34 | $181.4M | PHYS, TPL, BSM, EXE, JPM |
| Q4 2024 | 36 | $168.1M | PHYS, TPL, ET, JPM, EXE |
| Q3 2024 | 39 | $169.8M | PHYS, TPL, BSM, XOM, JPM |
| Q2 2024 | 40 | $152.2M | TPL, PHYS, XOM, JPST, ET |
| Q1 2024 | 37 | $110.0M | PHYS, TPL, ABBV, JPM, JPST |