Hodges Capital Management Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Hodges Capital Management Inc. reported 199 stock positions worth $1.2 billion. Its top holding was Nvidia (NVDA) at 3.4% of the portfolio, followed by Sharkninja (SN, 2.9%) and Terawulf (WULF, 2.8%). Compared with Q3 2025, it opened 22 new positions, sold out of 30, added to 79 and reduced 79. The biggest buy was a new position in Whirlpool (WHR) and the biggest sale an exit from Spotify Technology (SPOT).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001337263
- Portfolio Value
- $1.2B (Q4 2025)
- SEC Filing
- 0001337263-26-000001 ↗ filed Feb 11, 2026
Holdings Value
Holdings 199 stocks · $1.2B
| NVDA Nvidia Corp. | 3.40% | 212,335 | $39.6M | Add +1.5% |
| SN Sharkninja Inc. | 2.94% | 305,626 | $34.2M | Add +18.4% |
| WULF Terawulf Inc. | 2.83% | 2,866,544 | $32.9M | Reduce -24.3% |
| CLF Cleveland-Cliffs Inc. | 2.63% | 2,300,253 | $30.5M | Reduce -5.4% |
| TPL Texas Pacific Land Corp. | 2.57% | 104,267 | $29.9M | Reduce -3.4% |
| UBER Uber Technologies Inc. | 2.55% | 362,502 | $29.6M | Add +0.1% |
| EXP Eagle Materials Inc. | 2.42% | 136,110 | $28.1M | Add +16.3% |
| BANC Banc of California Inc. | 2.30% | 1,385,290 | $26.7M | Add +11.3% |
| MU Micron Technology Inc. | 2.24% | 91,177 | $26.0M | Reduce -14.0% |
| MSFT Microsoft Corp. | 2.19% | 52,700 | $25.5M | Reduce -1.1% |
| FCX Freeport-McMoran Inc. | 2.14% | 489,882 | $24.9M | Reduce -2.0% |
| DKNG Draftkings Inc. Class A | 2.14% | 721,235 | $24.9M | Add +25.9% |
| MTDR Matador Resources Co. | 1.99% | 546,214 | $23.2M | Add +0.8% |
| GENI Genius Sports Ltd. | 1.97% | 2,075,665 | $22.9M | Add +11.9% |
| PLTR Palantir Technologies Inc. Class A | 1.61% | 105,135 | $18.7M | Reduce -15.4% |
| ONON On Holding AG Class A filed as ON HLDG AG | 1.47% | 369,250 | $17.2M | Add +9.1% |
| AMZN Amazon.com Inc. | 1.45% | 73,042 | $16.9M | Add +2.4% |
| TSLA Tesla Inc. | 1.42% | 36,721 | $16.5M | Reduce -8.0% |
| POWL Powell Industries Inc. | 1.42% | 51,783 | $16.5M | Reduce -8.3% |
| CMC Commercial Metals Co. | 1.39% | 233,672 | $16.2M | Reduce -8.0% |
| OZK Bank Ozk | 1.33% | 335,846 | $15.5M | Add +211.8% |
| AAPL Apple Inc. | 1.28% | 54,734 | $14.9M | Reduce -2.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.24% | 47,601 | $14.5M | Reduce -12.4% |
| ASO Academy Sports & Outdoors Inc. | 1.18% | 274,746 | $13.7M | Add +16.4% |
| GIL Gildan Activewear Inc. | 1.10% | 205,154 | $12.8M | Add +103.5% |
| EXE Expand Energy Corp. | 1.09% | 115,082 | $12.7M | Add +2.9% |
| RH RH | 1.05% | 68,299 | $12.2M | Add +5.3% |
| WMT Walmart Inc. | 1.00% | 104,200 | $11.6M | Reduce -6.1% |
| KEX Kirby Corp. | 0.99% | 104,921 | $11.6M | Reduce -42.9% |
| OKE Oneok Inc. | 0.99% | 156,497 | $11.5M | Add +3.9% |
| TMHC Taylor Morrison Home Corp. | 0.98% | 194,399 | $11.4M | Reduce -14.0% |
| JPM JPMorgan Chase & Co. | 0.95% | 34,299 | $11.1M | Reduce -0.3% |
| TCBI Texas Capital Bancshares Inc. | 0.95% | 121,627 | $11.0M | Reduce -4.4% |
| WHR Whirlpool Corp. | 0.92% | 148,784 | $10.7M | New |
| HD Home Depot Inc. | 0.91% | 30,689 | $10.6M | Add +15.5% |
| FWRG First Watch Restaurant Group | 0.90% | 693,341 | $10.5M | Add +385.1% |
| CRS Carpenter Technology | 0.84% | 31,223 | $9.8M | Reduce -5.7% |
| NVGS Navigator Holdings Ltd. | 0.82% | 553,323 | $9.6M | Add +31.1% |
| LLY Eli Lilly & Co. | 0.80% | 8,655 | $9.3M | Reduce -25.6% |
| GEO The Geo Group Inc. | 0.77% | 554,240 | $8.9M | Reduce -42.0% |
| META Meta Platforms Inc. Class A | 0.74% | 13,078 | $8.6M | Add +10.5% |
| BA The Boeing Co. | 0.73% | 39,100 | $8.5M | Reduce -25.4% |
| GOOG Alphabet Inc. Class C | 0.71% | 26,496 | $8.3M | Add +10.0% |
| MXL Maxlinear Inc. | 0.71% | 475,111 | $8.3M | Reduce -1.9% |
| AVGO Broadcom Inc. | 0.71% | 23,724 | $8.2M | Add +8.6% |
| C Citigroup Inc. | 0.70% | 69,403 | $8.1M | Add +0.1% |
| THG Hanover Insurance Group Inc./ | 0.68% | 43,008 | $7.9M | Reduce -6.2% |
| WFC Wells Fargo & Co. | 0.67% | 83,830 | $7.8M | Reduce -1.8% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.66% | 454,404 | $7.7M | Add +2.3% |
| CAT Caterpillar Inc. | 0.66% | 13,334 | $7.6M | Reduce -12.1% |
| HALO Halozyme Therapeutics Inc. | 0.66% | 113,354 | $7.6M | Reduce -5.7% |
| TSEM Tower Semiconductor Ltd. | 0.65% | 64,794 | $7.6M | Reduce -48.7% |
| GS Goldman Sachs Group Inc. | 0.65% | 8,609 | $7.6M | Add +8.4% |
| SFIX Stitch Fix Inc. Class A | 0.65% | 1,433,650 | $7.5M | Reduce -17.5% |
| HPE Hewlett Packard Enterprise | 0.64% | 312,257 | $7.5M | Reduce -47.1% |
| CXW Corecivic Inc. | 0.63% | 382,441 | $7.3M | Add +1370.9% |
| ABBV Abbvie Inc. | 0.63% | 31,847 | $7.3M | Reduce -1.5% |
| YOU Clear Secure Inc. Class A | 0.62% | 205,700 | $7.2M | Reduce -15.1% |
| PR Permian Resources Corp. Class A | 0.62% | 512,162 | $7.2M | Add +1.2% |
| XOM Exxon Mobil Corp. | 0.56% | 54,145 | $6.5M | Reduce -6.5% |
| ALKT Alkami Technology Inc. | 0.56% | 281,328 | $6.5M | Add +2.7% |
| FDX FedEx Corp. | 0.53% | 10,924 | $6.2M | Add +80.3% |
| SMTC Semtech Corp. | 0.52% | 82,323 | $6.1M | Add +27.2% |
| GPOR Gulfport Energy Corp. | 0.52% | 29,140 | $6.1M | Add +28.4% |
| AXP American Express Co. | 0.50% | 15,789 | $5.8M | Reduce -0.4% |
| UNH Unitedhealth Group Inc. | 0.49% | 17,223 | $5.7M | Add +0.9% |
| MTZ Mastec Inc. | 0.49% | 26,076 | $5.7M | Reduce -9.3% |
| ALPHABET INC | 0.48% | 475 | $5.5M | Add +58.3% |
| GPI Group 1 Automotive Inc. | 0.45% | 13,345 | $5.2M | Reduce -30.7% |
| SAIL Sailpoint Inc. | 0.44% | 251,444 | $5.1M | Add +5.1% |
| VST Vistra Corp. | 0.44% | 31,454 | $5.1M | Reduce -9.3% |
| AVNW Aviat Networks Inc. | 0.43% | 234,678 | $5.0M | Reduce -28.8% |
| HVT Haverty Furniture | 0.43% | 211,800 | $4.9M | New |
| MS Morgan Stanley | 0.41% | 27,193 | $4.8M | Reduce -0.6% |
| UNP Union Pacific Corp. | 0.41% | 20,604 | $4.8M | Add +686.7% |
| COST Costco Wholesale Corp. | 0.40% | 5,457 | $4.7M | Add +65.0% |
| CTRN Citi Trends Inc. | 0.40% | 111,000 | $4.6M | Add +113.5% |
| RTX RTX Corp. | 0.40% | 25,070 | $4.6M | Add +4.6% |
| HMN Horace Mann Educators | 0.39% | 98,308 | $4.5M | Add +4.0% |
| CNK Cinemark Holdings Inc. | 0.37% | 184,647 | $4.3M | Add +2.0% |
| LIF LIFE360 Inc. | 0.35% | 63,546 | $4.1M | Add +36.4% |
| CYBR Cyberark Software Ltd./Israel | 0.35% | 9,011 | $4.0M | Reduce -0.3% |
| PRIM Primoris Services Corp. | 0.34% | 32,000 | $4.0M | Reduce -18.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.34% | 7,803 | $3.9M | Reduce -11.3% |
| ETD Ethan Allen Interiors Inc. | 0.34% | 170,683 | $3.9M | Reduce -54.1% |
| TFIN Triumph Financial Inc. | 0.33% | 62,115 | $3.9M | Reduce -15.7% |
| TPC Tutor Perini Corp. | 0.33% | 57,998 | $3.9M | Reduce -0.2% |
| STRS Stratus Properties Inc. | 0.33% | 159,770 | $3.9M | Add +9.3% |
| BWB Bridgewater Bancshares Inc. | 0.33% | 220,290 | $3.9M | New |
| TAKE-TWO INTERACTIVE SOFTWAR | 0.31% | 650 | $3.6M | Add +30.0% |
| JNJ Johnson & Johnson | 0.31% | 17,270 | $3.6M | Add +6.5% |
| MMM 3M Co. | 0.30% | 21,944 | $3.5M | Add +0.0% |
| CRK Comstock Resources Inc. | 0.30% | 150,100 | $3.5M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.29% | 61,095 | $3.4M | Add +0.7% |
| UNITEDHEALTH GROUP INC | 0.28% | 400 | $3.3M | Add +23.1% |
| NATL NCR Atleos Corp. | 0.28% | 85,700 | $3.3M | Add +4.9% |
| KTB Kontoor Brands Inc. | 0.27% | 51,500 | $3.1M | Add +6.8% |
| VRT Vertiv Holdings Co. Class A | 0.27% | 19,361 | $3.1M | Add +58.8% |
| TXRH Texas Roadhouse Inc. | 0.27% | 18,651 | $3.1M | Reduce -0.1% |
| KTOS Kratos Defense & Security | 0.26% | 39,414 | $3.0M | Reduce -14.2% |
Portfolio Sells Q3 2025 → Q4 2025
| SPOT Spotify Technology SA | Sold out | 0.00% | −1.12 |
| GEO The Geo Group Inc. | Reduce -42.0% | 0.77% | −0.91 |
| WULF Terawulf Inc. | Reduce -24.3% | 2.83% | −0.87 |
| VRNS Varonis Systems Inc. | Sold out | 0.00% | −0.62 |
| ETD Ethan Allen Interiors Inc. | Reduce -54.1% | 0.34% | −0.60 |
| HPE Hewlett Packard Enterprise | Reduce -47.1% | 0.64% | −0.60 |
| HTH Hilltop Holdings Inc. | Reduce -91.6% | 0.05% | −0.50 |
| PB Prosperity Bancshares Inc. | Sold out | 0.00% | −0.48 |
| BANF Bancfirst Corp. | Sold out | 0.00% | −0.45 |
| STKL Sunopta Inc. | Sold out | 0.00% | −0.37 |
| RPC Ridgepost Capital Inc. Class A | Sold out | 0.00% | −0.34 |
| PLTR Palantir Technologies Inc. Class A | Reduce -15.4% | 1.61% | −0.33 |
| OC Owens Corning | Reduce -86.9% | 0.04% | −0.32 |
| KEX Kirby Corp. | Reduce -42.9% | 0.99% | −0.32 |
| TPL Texas Pacific Land Corp. | Reduce -3.4% | 2.57% | −0.30 |
| TMHC Taylor Morrison Home Corp. | Reduce -14.0% | 0.98% | −0.29 |
| WYNN WYNN Resorts Ltd. | Sold out | 0.00% | −0.29 |
| GPI Group 1 Automotive Inc. | Reduce -30.7% | 0.45% | −0.27 |
| KNF Knife River Corp. | Sold out | 0.00% | −0.26 |
| BOEING CO | Sold out | 0.00% | −0.26 |
| BYD Boyd Gaming Corp. | Sold out | 0.00% | −0.24 |
| BA The Boeing Co. | Reduce -25.4% | 0.73% | −0.24 |
| AVNW Aviat Networks Inc. | Reduce -28.8% | 0.43% | −0.22 |
| MICROSOFT CORP | Sold out | 0.00% | −0.17 |
| MSFT Microsoft Corp. | Reduce -1.1% | 2.19% | −0.17 |
| RHP Ryman Hospitality Properties | Reduce -59.0% | 0.13% | −0.17 |
| DIOD Diodes Inc. | Sold out | 0.00% | −0.17 |
| SM SM Energy Co. | Sold out | 0.00% | −0.16 |
| LOVE The Lovesac Co. | Sold out | 0.00% | −0.16 |
| V Visa Inc. Class A | Reduce -50.7% | 0.15% | −0.15 |
| VST Vistra Corp. | Reduce -9.3% | 0.44% | −0.15 |
| TSEM Tower Semiconductor Ltd. | Reduce -48.7% | 0.65% | −0.13 |
| PRIM Primoris Services Corp. | Reduce -18.2% | 0.34% | −0.12 |
| FANG Diamondback Energy Inc. | Reduce -79.3% | 0.03% | −0.12 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.11 |
| KTOS Kratos Defense & Security | Reduce -14.2% | 0.26% | −0.10 |
| TSLA Tesla Inc. | Reduce -8.0% | 1.42% | −0.10 |
| HALO Halozyme Therapeutics Inc. | Reduce -5.7% | 0.66% | −0.10 |
| HLMN Hillman Solutions Corp. | Reduce -26.1% | 0.18% | −0.08 |
| HQY Healthequity Inc. | Reduce -47.4% | 0.08% | −0.08 |
| YOU Clear Secure Inc. Class A | Reduce -15.1% | 0.62% | −0.07 |
| ENVX Enovix Corp. | Sold out | 0.00% | −0.06 |
| RSSS Research Solutions Inc. | Sold out | 0.00% | −0.06 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -12.4% | 1.24% | −0.06 |
| POWL Powell Industries Inc. | Reduce -8.3% | 1.42% | −0.05 |
| GNRC Generac Holdings Inc. | Reduce -53.5% | 0.03% | −0.05 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.05 |
| PAR Par Technology Corp. | Sold out | 0.00% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -11.3% | 0.34% | −0.04 |
| MTN Vail Resorts Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| WHR Whirlpool Corp. | New | 0.92% | +0.92 |
| OZK Bank Ozk | Add +211.8% | 1.33% | +0.86 |
| FWRG First Watch Restaurant Group | Add +385.1% | 0.90% | +0.71 |
| SN Sharkninja Inc. | Add +18.4% | 2.94% | +0.66 |
| GIL Gildan Activewear Inc. | Add +103.5% | 1.10% | +0.60 |
| CXW Corecivic Inc. | Add +1370.9% | 0.63% | +0.58 |
| BANC Banc of California Inc. | Add +11.3% | 2.30% | +0.53 |
| HVT Haverty Furniture | New | 0.43% | +0.43 |
| FDX FedEx Corp. | Add +80.3% | 0.53% | +0.41 |
| UNP Union Pacific Corp. | Add +686.7% | 0.41% | +0.36 |
| ALPHABET INC | Add +58.3% | 0.48% | +0.34 |
| BWB Bridgewater Bancshares Inc. | New | 0.33% | +0.33 |
| DKNG Draftkings Inc. Class A | Add +25.9% | 2.14% | +0.30 |
| CRK Comstock Resources Inc. | New | 0.30% | +0.30 |
| NVGS Navigator Holdings Ltd. | Add +31.1% | 0.82% | +0.26 |
| CTRN Citi Trends Inc. | Add +113.5% | 0.40% | +0.26 |
| ONON On Holding AG Class A | Add +9.1% | 1.47% | +0.25 |
| USPH U.S. Physical Therapy Inc. | New | 0.24% | +0.24 |
| GOOG Alphabet Inc. Class C | Add +10.0% | 0.71% | +0.21 |
| MYE Myers Industries Inc. | Add +276.1% | 0.23% | +0.18 |
| MDT Medtronic PLC | Add +354.3% | 0.22% | +0.17 |
| ASO Academy Sports & Outdoors Inc. | Add +16.4% | 1.18% | +0.17 |
| GPOR Gulfport Energy Corp. | Add +28.4% | 0.52% | +0.17 |
| BYRN Byrna Technologies Inc. | Add +515.4% | 0.20% | +0.16 |
| SHOO Steven Madden Ltd. | New | 0.15% | +0.15 |
| CGNX Cognex Corp. | New | 0.15% | +0.15 |
| COST Costco Wholesale Corp. | Add +65.0% | 0.40% | +0.14 |
| IPGP Ipg Photonics Corp. | New | 0.14% | +0.14 |
| GM General Motors Co. | Add +90.6% | 0.23% | +0.14 |
| BRBR Bellring Brands Inc. | New | 0.13% | +0.13 |
| SMTC Semtech Corp. | Add +27.2% | 0.52% | +0.13 |
| VRT Vertiv Holdings Co. Class A | Add +58.8% | 0.27% | +0.11 |
| GS Goldman Sachs Group Inc. | Add +8.4% | 0.65% | +0.11 |
| AMZN Amazon.com Inc. | Add +2.4% | 1.45% | +0.11 |
| MRK Merck & Co. Inc. | Add +136.8% | 0.15% | +0.10 |
| C Citigroup Inc. | Add +0.1% | 0.70% | +0.09 |
| AVGO Broadcom Inc. | Add +8.6% | 0.71% | +0.09 |
| GBX Greenbrier Companies Inc. | Add +61.6% | 0.22% | +0.09 |
| EXP Eagle Materials Inc. | Add +16.3% | 2.42% | +0.08 |
| KN Knowles Corp. | Add +62.4% | 0.24% | +0.08 |
| PLXS Plexus Corp. | Add +47.7% | 0.23% | +0.08 |
| EXE Expand Energy Corp. | Add +2.9% | 1.09% | +0.07 |
| STRS Stratus Properties Inc. | Add +9.3% | 0.33% | +0.07 |
| PR Permian Resources Corp. Class A | Add +1.2% | 0.62% | +0.06 |
| AZZ Azz Inc. | Add +44.7% | 0.21% | +0.06 |
| NVDA Nvidia Corp. | Add +1.5% | 3.40% | +0.06 |
| AIOT Powerfleet Inc. | Add +75.0% | 0.14% | +0.06 |
| RTX RTX Corp. | Add +4.6% | 0.40% | +0.05 |
| JNJ Johnson & Johnson | Add +6.5% | 0.31% | +0.05 |
| OKE Oneok Inc. | Add +3.9% | 0.99% | +0.05 |
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 |