Hodges Capital Management Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Hodges Capital Management Inc. reported 209 stock positions worth $1.0 billion. Its top holding was Texas Pacific Land (TPL) at 3.8% of the portfolio, followed by Uber Technologies (UBER, 3.3%) and Nvidia (NVDA, 3.3%). Compared with Q1 2025, it opened 30 new positions, sold out of 28, added to 57 and reduced 111. The biggest buy was a new position in Powell Industries (POWL) and the biggest sale Texas Pacific Land (TPL, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001337263
- Portfolio Value
- $1.0B (Q2 2025)
- SEC Filing
- 0001378559-25-000002 ↗ filed Aug 7, 2025
Holdings Value
Holdings 209 stocks · $1.0B
| TPL Texas Pacific Land Corp. | 3.80% | 37,525 | $39.6M | Reduce -15.1% |
| UBER Uber Technologies Inc. | 3.28% | 366,523 | $34.2M | Reduce -3.1% |
| NVDA Nvidia Corp. | 3.25% | 214,563 | $33.9M | Reduce -6.9% |
| SN Sharkninja Inc. | 2.70% | 284,757 | $28.2M | Add +16.7% |
| MTDR Matador Resources Co. | 2.56% | 560,084 | $26.7M | Add +15.1% |
| MSFT Microsoft Corp. | 2.49% | 52,248 | $26.0M | Reduce -1.1% |
| DKNG Draftkings Inc. Class A | 2.34% | 569,764 | $24.4M | Add +5.4% |
| EXP Eagle Materials Inc. | 2.07% | 106,565 | $21.5M | Reduce -5.1% |
| KEX Kirby Corp. | 1.93% | 177,618 | $20.1M | Add +4.5% |
| CLF Cleveland-Cliffs Inc. | 1.93% | 2,643,976 | $20.1M | Add +27.6% |
| FCX Freeport-McMoran Inc. | 1.91% | 458,839 | $19.9M | Add +2.9% |
| PLTR Palantir Technologies Inc. Class A | 1.80% | 137,968 | $18.8M | Reduce -2.1% |
| WULF Terawulf Inc. | 1.71% | 4,062,480 | $17.8M | Add +13.8% |
| ONON On Holding AG Class A filed as ON HLDG AG | 1.69% | 338,039 | $17.6M | Reduce -3.4% |
| BANC Banc of California Inc. | 1.56% | 1,156,448 | $16.2M | Reduce -9.1% |
| AMZN Amazon.com Inc. | 1.43% | 68,135 | $14.9M | Reduce -0.9% |
| EXE Expand Energy Corp. | 1.36% | 121,394 | $14.2M | Add +4.6% |
| TSM Taiwan Semiconductor-SP ADR | 1.36% | 62,621 | $14.2M | Reduce -0.2% |
| MU Micron Technology Inc. | 1.30% | 110,197 | $13.6M | Reduce -17.8% |
| TMHC Taylor Morrison Home Corp. | 1.20% | 203,513 | $12.5M | Reduce -9.8% |
| CMC Commercial Metals Co. | 1.18% | 251,468 | $12.3M | Add +3.4% |
| OKE Oneok Inc. | 1.15% | 146,768 | $12.0M | Reduce -0.3% |
| CRS Carpenter Technology | 1.12% | 42,194 | $11.7M | Add +72.2% |
| AAPL Apple Inc. | 1.11% | 56,613 | $11.6M | Reduce -6.4% |
| TCBI Texas Capital Bancshares Inc. | 1.06% | 138,776 | $11.0M | Add +2.7% |
| HPE Hewlett Packard Enterprise | 1.05% | 533,852 | $10.9M | Reduce -1.5% |
| TSLA Tesla Inc. | 1.04% | 34,056 | $10.8M | Add +971.6% |
| GEO The Geo Group Inc. | 1.03% | 448,374 | $10.7M | Add +58.1% |
| JPM JPMorgan Chase & Co. | 1.01% | 36,218 | $10.5M | Reduce -0.7% |
| WMT Walmart Inc. | 1.01% | 107,381 | $10.5M | Reduce -0.2% |
| ASO Academy Sports & Outdoors Inc. | 0.99% | 231,016 | $10.4M | Reduce -0.1% |
| ETD Ethan Allen Interiors Inc. | 0.99% | 369,443 | $10.3M | Reduce -2.7% |
| RH RH | 0.98% | 53,974 | $10.2M | Add +233.7% |
| POWL Powell Industries Inc. | 0.98% | 48,330 | $10.2M | New |
| GENI Genius Sports Ltd. | 0.97% | 971,235 | $10.1M | Add +351.7% |
| CYBR Cyberark Software Ltd./Israel | 0.95% | 24,265 | $9.9M | Reduce -17.0% |
| AVNW Aviat Networks Inc. | 0.91% | 392,783 | $9.4M | Reduce -3.5% |
| WYNN WYNN Resorts Ltd. | 0.90% | 100,187 | $9.4M | Reduce -36.8% |
| BA The Boeing Co. | 0.88% | 43,875 | $9.2M | Add +62.6% |
| META Meta Platforms Inc. Class A | 0.84% | 11,868 | $8.8M | Add +12.0% |
| HD Home Depot Inc. | 0.83% | 23,692 | $8.7M | Add +1.4% |
| LLY Eli Lilly & Co. | 0.81% | 10,835 | $8.4M | Add +6.5% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.79% | 438,420 | $8.2M | Add +13.9% |
| PTLO Portillo's Inc. Class A | 0.79% | 702,637 | $8.2M | Reduce -15.3% |
| GPI Group 1 Automotive Inc. | 0.79% | 18,772 | $8.2M | Reduce -7.8% |
| HALO Halozyme Therapeutics Inc. | 0.76% | 152,156 | $7.9M | Reduce -21.4% |
| MXL Maxlinear Inc. | 0.72% | 527,761 | $7.5M | Add +270.5% |
| TSEM Tower Semiconductor Ltd. | 0.71% | 169,777 | $7.4M | Add +11.2% |
| WFC Wells Fargo & Co. | 0.67% | 87,689 | $7.0M | Add +1.9% |
| XOM Exxon Mobil Corp. | 0.67% | 64,522 | $7.0M | Reduce -24.8% |
| PR Permian Resources Corp. Class A | 0.66% | 505,716 | $6.9M | Reduce -9.4% |
| THG Hanover Insurance Group Inc./ | 0.66% | 40,214 | $6.8M | Reduce -8.0% |
| VST Vistra Corp. | 0.65% | 34,889 | $6.8M | Reduce -22.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.64% | 22,607 | $6.7M | Reduce -8.1% |
| AVGO Broadcom Inc. | 0.61% | 23,256 | $6.4M | Add +22.1% |
| HTH Hilltop Holdings Inc. | 0.61% | 208,314 | $6.3M | Reduce -27.4% |
| GPOR Gulfport Energy Corp. | 0.59% | 30,800 | $6.2M | Add +8.8% |
| CNK Cinemark Holdings Inc. | 0.58% | 200,741 | $6.1M | Reduce -22.6% |
| ABBV Abbvie Inc. | 0.58% | 32,578 | $6.0M | Reduce -3.9% |
| NVGS Navigator Holdings Ltd. | 0.57% | 421,886 | $6.0M | Add +12.7% |
| GS Goldman Sachs Group Inc. | 0.56% | 8,280 | $5.9M | Reduce -4.6% |
| C Citigroup Inc. | 0.56% | 68,719 | $5.8M | Add +12.3% |
| PB Prosperity Bancshares Inc. | 0.55% | 81,975 | $5.8M | Add +2.6% |
| CAT Caterpillar Inc. | 0.54% | 14,632 | $5.7M | Add +14.3% |
| HOMB Home Bancshares Inc. | 0.53% | 195,800 | $5.6M | Reduce -4.5% |
| SPOTIFY TECHNOLOGY S A | 0.53% | 190 | $5.5M | Reduce -45.7% |
| SFIX Stitch Fix Inc. Class A | 0.51% | 1,447,651 | $5.4M | Reduce -5.8% |
| YOU Clear Secure Inc. Class A | 0.51% | 191,550 | $5.3M | Add +16.1% |
| AXP American Express Co. | 0.48% | 15,664 | $5.0M | Reduce -1.4% |
| BANF Bancfirst Corp. | 0.45% | 38,200 | $4.7M | Add +2.7% |
| AIOT Powerfleet Inc. | 0.45% | 1,079,898 | $4.7M | Reduce -9.9% |
| MTZ Mastec Inc. | 0.44% | 27,028 | $4.6M | Reduce -2.6% |
| ISRG Intuitive Surgical Inc. | 0.44% | 8,392 | $4.6M | No change |
| STKL Sunopta Inc. | 0.42% | 753,250 | $4.4M | Reduce -37.7% |
| TFIN Triumph Financial Inc. | 0.40% | 76,600 | $4.2M | Reduce -0.9% |
| RPC Ridgepost Capital Inc. Class A filed as P10 INC | 0.40% | 410,800 | $4.2M | Add +10.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 8,628 | $4.2M | No change |
| TPC Tutor Perini Corp. | 0.37% | 83,045 | $3.9M | New |
| MS Morgan Stanley | 0.37% | 27,363 | $3.9M | Reduce -0.3% |
| BYD Boyd Gaming Corp. | 0.36% | 47,780 | $3.7M | Add +4.3% |
| TXRH Texas Roadhouse Inc. | 0.33% | 18,539 | $3.5M | Reduce -13.8% |
| SPOT Spotify Technology SA | 0.33% | 4,511 | $3.5M | Add +9.5% |
| LIF LIFE360 Inc. | 0.33% | 52,773 | $3.4M | Reduce -42.7% |
| OC Owens Corning | 0.33% | 24,906 | $3.4M | Reduce -21.0% |
| V Visa Inc. Class A | 0.33% | 9,614 | $3.4M | Add +72.4% |
| KTOS Kratos Defense & Security | 0.32% | 71,883 | $3.3M | Add +3.6% |
| COST Costco Wholesale Corp. | 0.32% | 3,356 | $3.3M | Reduce -2.0% |
| PRIM Primoris Services Corp. | 0.32% | 42,600 | $3.3M | New |
| AMGN Amgen Inc. | 0.31% | 11,750 | $3.3M | Reduce -16.9% |
| HMN Horace Mann Educators | 0.31% | 75,464 | $3.2M | Add +5.1% |
| CRH CRH PLC | 0.31% | 35,320 | $3.2M | Reduce -28.9% |
| KTB Kontoor Brands Inc. | 0.31% | 48,900 | $3.2M | Reduce -0.2% |
| MMM 3M Co. | 0.31% | 20,979 | $3.2M | Reduce -4.5% |
| BLDR Builders Firstsource Inc. | 0.29% | 26,016 | $3.0M | Reduce -13.2% |
| BRBR Bellring Brands Inc. | 0.28% | 49,596 | $2.9M | Add +0.2% |
| PBPB Potbelly Corp. | 0.27% | 227,111 | $2.8M | Reduce -4.3% |
| STRS Stratus Properties Inc. | 0.26% | 145,470 | $2.7M | Add +1.5% |
| ABNB Airbnb Inc. Class A | 0.26% | 20,260 | $2.7M | Reduce -70.6% |
| BLBD Blue Bird Corp. | 0.25% | 60,555 | $2.6M | Reduce -4.8% |
| VRNS Varonis Systems Inc. | 0.25% | 51,330 | $2.6M | Reduce -16.4% |
Portfolio Sells Q1 2025 → Q2 2025
| TPL Texas Pacific Land Corp. | Reduce -15.1% | 3.80% | −2.04 |
| NCLH Norwegian Cruise Line Holdin | Reduce -88.9% | 0.11% | −0.85 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.61 |
| ABNB Airbnb Inc. Class A | Reduce -70.6% | 0.26% | −0.56 |
| BOEING CO | Reduce -80.8% | 0.11% | −0.50 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.50 |
| GBX Greenbrier Companies Inc. | Reduce -64.9% | 0.22% | −0.50 |
| HALO Halozyme Therapeutics Inc. | Reduce -21.4% | 0.76% | −0.47 |
| X United States Steel Corp. | Sold out | 0.00% | −0.42 |
| WYNN WYNN Resorts Ltd. | Reduce -36.8% | 0.90% | −0.42 |
| EXP Eagle Materials Inc. | Reduce -5.1% | 2.07% | −0.42 |
| RH | Sold out | 0.00% | −0.41 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.38 |
| XOM Exxon Mobil Corp. | Reduce -24.8% | 0.67% | −0.35 |
| OKE Oneok Inc. | Reduce -0.3% | 1.15% | −0.31 |
| GPK Graphic Packaging Holding Co. | Sold out | 0.00% | −0.28 |
| CHRD Chord Energy Corp. | Sold out | 0.00% | −0.28 |
| HTH Hilltop Holdings Inc. | Reduce -27.4% | 0.61% | −0.27 |
| PROP Prairie Operating Co. | Reduce -81.8% | 0.03% | −0.26 |
| CARPENTER TECHNOLOGY CORP | Sold out | 0.00% | −0.26 |
| EBAY eBay Inc. | Reduce -90.2% | 0.03% | −0.25 |
| BANC Banc of California Inc. | Reduce -9.1% | 1.56% | −0.24 |
| MRK Merck & Co. Inc. | Reduce -72.7% | 0.07% | −0.23 |
| SNBRQ Sleep Number Corp. | Sold out | 0.00% | −0.23 |
| AAPL Apple Inc. | Reduce -6.4% | 1.11% | −0.23 |
| ICHR Ichor Holdings Ltd. | Sold out | 0.00% | −0.21 |
| AIOT Powerfleet Inc. | Reduce -9.9% | 0.45% | −0.21 |
| PTLO Portillo's Inc. Class A | Reduce -15.3% | 0.79% | −0.20 |
| IDCC Interdigital Inc. | Sold out | 0.00% | −0.17 |
| PAR Par Technology Corp. | Sold out | 0.00% | −0.17 |
| STKL Sunopta Inc. | Reduce -37.7% | 0.42% | −0.17 |
| TMHC Taylor Morrison Home Corp. | Reduce -9.8% | 1.20% | −0.15 |
| AESI Atlas Energy Solutions Inc. | Sold out | 0.00% | −0.15 |
| PLAB Photronics Inc. | Sold out | 0.00% | −0.15 |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | Sold out | 0.00% | −0.14 |
| ABBV Abbvie Inc. | Reduce -3.9% | 0.58% | −0.13 |
| AMGN Amgen Inc. | Reduce -16.9% | 0.31% | −0.12 |
| CRH CRH PLC | Reduce -28.9% | 0.31% | −0.12 |
| MCD McDonald's Corp. | Reduce -54.0% | 0.09% | −0.12 |
| OC Owens Corning | Reduce -21.0% | 0.33% | −0.12 |
| PM Philip Morris International | Reduce -80.4% | 0.03% | −0.12 |
| PR Permian Resources Corp. Class A | Reduce -9.4% | 0.66% | −0.11 |
| THG Hanover Insurance Group Inc./ | Reduce -8.0% | 0.66% | −0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -51.3% | 0.12% | −0.10 |
| BLDR Builders Firstsource Inc. | Reduce -13.2% | 0.29% | −0.08 |
| USAC USA Compression Partners LP | Sold out | 0.00% | −0.07 |
| DVN Devon Energy Corp. | Reduce -29.4% | 0.10% | −0.07 |
| BELFB Bel Fuse Inc. Class B | Reduce -39.0% | 0.22% | −0.07 |
| FDX FedEx Corp. | Reduce -22.9% | 0.15% | −0.07 |
| NOG Northern Oil and Gas Inc. | Sold out | 0.00% | −0.07 |
Portfolio Buys Q1 2025 → Q2 2025
| POWL Powell Industries Inc. | New | 0.98% | +0.98 |
| TSLA Tesla Inc. | Add +971.6% | 1.04% | +0.96 |
| GENI Genius Sports Ltd. | Add +351.7% | 0.97% | +0.75 |
| WULF Terawulf Inc. | Add +13.8% | 1.71% | +0.73 |
| CRS Carpenter Technology | Add +72.2% | 1.12% | +0.68 |
| SN Sharkninja Inc. | Add +16.7% | 2.70% | +0.67 |
| RH RH | Add +233.7% | 0.98% | +0.60 |
| MXL Maxlinear Inc. | Add +270.5% | 0.72% | +0.56 |
| DKNG Draftkings Inc. Class A | Add +5.4% | 2.34% | +0.55 |
| BA The Boeing Co. | Add +62.6% | 0.88% | +0.42 |
| TPC Tutor Perini Corp. | New | 0.37% | +0.37 |
| PRIM Primoris Services Corp. | New | 0.32% | +0.32 |
| AVGO Broadcom Inc. | Add +22.1% | 0.61% | +0.30 |
| UNITEDHEALTH GROUP INC | New | 0.23% | +0.23 |
| META Meta Platforms Inc. Class A | Add +12.0% | 0.84% | +0.23 |
| CLF Cleveland-Cliffs Inc. | Add +27.6% | 1.93% | +0.23 |
| FCX Freeport-McMoran Inc. | Add +2.9% | 1.91% | +0.22 |
| KEX Kirby Corp. | Add +4.5% | 1.93% | +0.22 |
| HLMN Hillman Solutions Corp. | New | 0.21% | +0.21 |
| GENERAC HLDGS INC | New | 0.21% | +0.21 |
| GEO The Geo Group Inc. | Add +58.1% | 1.03% | +0.20 |
| TSEM Tower Semiconductor Ltd. | Add +11.2% | 0.71% | +0.16 |
| LOVE The Lovesac Co. | New | 0.14% | +0.14 |
| V Visa Inc. Class A | Add +72.4% | 0.33% | +0.13 |
| C Citigroup Inc. | Add +12.3% | 0.56% | +0.13 |
| CAT Caterpillar Inc. | Add +14.3% | 0.54% | +0.12 |
| RHP Ryman Hospitality Properties | New | 0.12% | +0.12 |
| KTOS Kratos Defense & Security | Add +3.6% | 0.32% | +0.11 |
| SPOT Spotify Technology SA | Add +9.5% | 0.33% | +0.11 |
| AZZ Azz Inc. | Add +48.8% | 0.23% | +0.09 |
| MTDR Matador Resources Co. | Add +15.1% | 2.56% | +0.08 |
| YOU Clear Secure Inc. Class A | Add +16.1% | 0.51% | +0.08 |
| MRP Millrose Properties | New | 0.08% | +0.08 |
| NVGS Navigator Holdings Ltd. | Add +12.7% | 0.57% | +0.08 |
| GPOR Gulfport Energy Corp. | Add +8.8% | 0.59% | +0.07 |
| EXE Expand Energy Corp. | Add +4.6% | 1.36% | +0.07 |
| ZVIA Zevia PBC-A | New | 0.07% | +0.07 |
| CMC Commercial Metals Co. | Add +3.4% | 1.18% | +0.06 |
| BYD Boyd Gaming Corp. | Add +4.3% | 0.36% | +0.06 |
| WFC Wells Fargo & Co. | Add +1.9% | 0.67% | +0.06 |
| TCBI Texas Capital Bancshares Inc. | Add +2.7% | 1.06% | +0.05 |
| BANF Bancfirst Corp. | Add +2.7% | 0.45% | +0.05 |
| BYRN Byrna Technologies Inc. | New | 0.04% | +0.04 |
| TTWO Take-Two Interactive Softwre | New | 0.04% | +0.04 |
| CRWV Coreweave Inc. Class A | New | 0.03% | +0.03 |
| NVIDIA CORPORATION | New | 0.03% | +0.03 |
| GNRC Generac Holdings Inc. | Add +77.3% | 0.06% | +0.03 |
| MRVL Marvell Technology Inc. | New | 0.03% | +0.03 |
| WHR Whirlpool Corp. | New | 0.03% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.03% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 223 | $1.5B | WULF, MU, TPL, NVDA, SN |
| Q1 2026 | 204 | $1.2B | TPL, MTDR, NVDA, WULF, SN |
| Q4 2025 | 199 | $1.2B | NVDA, SN, WULF, CLF, TPL |
| Q3 2025 | 207 | $1.2B | WULF, NVDA, UBER, TPL, CLF |
| Q2 2025 | 209 | $1.0B | TPL, UBER, NVDA, SN, MTDR |
| Q1 2025Amended | 207 | $1.0B | TPL, UBER, NVDA, EXP, MTDR |
| Q4 2024 | 210 | $1.7B | TPL, MTDR, NVDA, EXP, SN |
| Q3 2024 | 220 | $1.6B | TPL, EXP, MTDR, NVDA, UBER |
| Q2 2024 | 218 | $1.5B | TPL, MTDR, NVDA, UBER, EXP |
| Q1 2024 | 218 | $1.6B | WIRE, MTDR, CLF, UBER, TPL |