Pin Oak Investment Advisors Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Pin Oak Investment Advisors Inc. reported 473 stock positions worth $109.9 million. Its top holding was Kimbell Royalty Partners (KRP) at 8.9% of the portfolio, followed by Apple (AAPL, 6.2%) and Txo Partners (TXO, 5.3%). Compared with Q3 2024, it opened 6 new positions, sold out of 21, added to 11 and reduced 4. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +7%) and the biggest sale an exit from BlackRock Finance (BLK).

Most Recent 13F
Q2 2026
Location
HOUSTON, TX
CIK
0001094584
Portfolio Value
$109.9M (Q4 2024)
SEC Filing
0001094584-25-000001 ↗ filed Feb 11, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $103.8M Q1 2024 Q2 2024: $104.4M Q2 2024 Q3 2024: $109.9M Q3 2024 Q4 2024: $109.9M $109.9M Q4 2024 Q1 2025: $131.0M Q1 2025 Q2 2025: $118.0M Q2 2025 Q3 2025: $140.0M Q3 2025 Q4 2025: $142.6M Q4 2025 Q1 2026: $141.4M Q1 2026 Q2 2026: $140.6M Q2 2026

Holdings 473 stocks · $109.9M
KRP Kimbell Royalty Partners LP 8.95% 610,980 $9.8M Add +0.1%
AAPL Apple Inc. 6.24% 29,422 $6.9M No change
TXO Txo Partners LP 5.25% 291,882 $5.8M Add +0.3%
EPD Enterprise Products Partners 3.93% 148,295 $4.3M No change
XOM Exxon Mobil Corp. 3.84% 36,031 $4.2M No change
HHH Howard Hughes Holdings Inc. 3.74% 53,135 $4.1M Add +0.3%
NOG Northern Oil and Gas Inc. 3.62% 112,368 $4.0M No change
ET Energy Transfer LP 3.52% 240,669 $3.9M No change
EOG EOG Resources Inc. 2.61% 23,334 $2.9M No change
SPY SS SPDR S&P 500 ETF Trust-US 2.24% 4,293 $2.5M No change
GOOGL Alphabet Inc. Class A 2.10% 13,946 $2.3M No change
BRK.B Berkshire Hathaway Inc. Class B 1.91% 4,570 $2.1M Add +6.8%
CVX Chevron Corp. 1.72% 12,867 $1.9M No change
MSFT Microsoft Corp. 1.64% 4,197 $1.8M Add +0.5%
IWF iShares Russell 1000 Growth 1.42% 4,166 $1.6M No change
PAGP Plains GP Holdings LP 1.39% 82,744 $1.5M No change
GLD SPDR Gold Shares 1.30% 5,885 $1.4M No change
WMT Walmart Inc. 1.17% 15,937 $1.3M No change
GOOG Alphabet Inc. Class C 1.10% 7,250 $1.2M No change
JNJ Johnson & Johnson 1.02% 6,895 $1.1M No change
NVDA Nvidia Corp. 0.96% 8,646 $1.1M No change
HIO Western Asset Hi Inc. Opport 0.95% 256,468 $1.0M No change
XYLD Global X S&P 500 Cove Call E 0.93% 24,550 $1.0M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.93% 25,635 $1.0M Add +0.2%
AMZN Amazon.com Inc. 0.89% 5,243 $977K No change
AR Antero Resources Corp. 0.85% 32,513 $931K No change
SIRI Sirius XM Holdings Inc. 0.76% 35,523 $840K No change
PFE Pfizer Inc. 0.76% 28,982 $839K No change
ACP Abrdn Income Credit Strat 0.73% 121,806 $806K No change
SHEL Shell PLC-ADR 0.69% 11,573 $763K No change
HAL Halliburton Co. 0.65% 24,705 $718K No change
XEVVX Eaton Vance Ltd. Durat Inc. 0.63% 65,662 $690K No change
BTZ BlackRock Credit Allocation 0.61% 59,583 $672K No change
STXF Strive 500 ETF 0.59% 17,540 $646K No change
QQQ Invesco QQQ Trust Series 1 0.58% 1,312 $641K No change
LOW Lowe's Cos Inc. 0.56% 2,285 $619K No change
ADI Analog Devices Inc. 0.55% 2,605 $600K No change
DVN Devon Energy Corp. 0.55% 15,315 $599K No change
JPM JPMorgan Chase & Co. 0.53% 2,764 $583K No change
ABBV Abbvie Inc. 0.53% 2,929 $578K No change
DSL Doubleline Income Solutions 0.51% 43,365 $563K No change
CPT Camden Property Trust 0.49% 4,326 $534K No change
WFC Wells Fargo & Co. 0.45% 8,829 $499K No change
IVV iShares Core S&P 500 ETF 0.44% 843 $486K No change
COP Conocophillips 0.41% 4,284 $451K No change
OXY Occidental Petroleum Corp. 0.40% 8,444 $435K No change
CSCO Cisco Systems Inc. 0.39% 8,115 $432K No change
AEM Agnico Eagle Mines Ltd. 0.39% 5,352 $431K No change
MRK Merck & Co. Inc. 0.38% 3,664 $416K No change
GS Goldman Sachs Group Inc. 0.37% 822 $407K No change
PPT Franklin Premir Inc. Trust-Ui 0.36% 105,920 $395K No change
AMP Ameriprise Financial Inc. 0.34% 788 $370K No change
ABT Abbott Laboratories 0.33% 3,220 $367K No change
VEA Vanguard Ftse Developed ETF 0.33% 6,938 $366K No change
LLYVK Liberty Media Corp.-Liberty-C 0.33% 7,087 $364K No change
RSP Invesco S&P 500 Equal Weight 0.33% 2,001 $359K No change
GT Goodyear Tire & Rubber Co. 0.31% 38,050 $337K No change
RTX RTX Corp. 0.31% 2,772 $336K No change
META Meta Platforms Inc. Class A 0.30% 583 $334K No change
INTC Intel Corp. 0.29% 13,641 $320K No change
HD Home Depot Inc. 0.29% 776 $315K No change
PLTR Palantir Technologies Inc. Class A 0.28% 8,356 $311K No change
MPC Marathon Petroleum Corp. 0.27% 1,837 $299K No change
ORCL Oracle Corp. 0.26% 1,683 $287K No change
BA The Boeing Co. 0.25% 1,800 $274K No change
KO The Coca-Cola Co. 0.25% 3,793 $273K No change
GD General Dynamics Corp. 0.23% 830 $251K No change
KYN Kayne Anderson Energy Infra 0.23% 22,767 $250K No change
T AT&T Inc. 0.23% 11,291 $248K No change
GE General Electric filed as GE AEROSPACE 0.22% 1,311 $247K No change
OKE Oneok Inc. 0.22% 2,652 $242K No change
FUN Six Flags Entertainment Corp. 0.22% 5,980 $241K No change
VIG Vanguard Dividend Apprec ETF 0.22% 1,205 $239K No change
IWD iShares Russell 1000 Value E 0.22% 1,248 $237K No change
TRV The Travelers Cos Inc. 0.21% 997 $233K No change
IAU iShares Gold Trust 0.21% 4,636 $230K No change
V Visa Inc. Class A 0.21% 831 $228K No change
UNH Unitedhealth Group Inc. 0.21% 386 $226K No change
VTI VG Morningstar TS MKT ETF-US 0.21% 799 $226K Add +2.6%
XLK SS Technology Select Sector 0.20% 986 $223K No change
SHW The Sherwin-Williams Co. 0.20% 564 $215K No change
VLO Valero Energy Corp. 0.19% 1,583 $214K No change
HON Honeywell International Inc. 0.19% 1,001 $207K No change
XHB SS SPDR S&P Homebldrs ETF 0.19% 1,650 $206K No change
PAA Plains All Amer Pipeline LP 0.18% 11,585 $201K No change
TDOC Teladoc Health Inc. 0.18% 21,928 $201K No change
NKE Nike Inc. Class B 0.18% 2,243 $198K No change
PEP Pepsico Inc. 0.18% 1,139 $194K Add +1.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.18% 2,010 $193K No change
BN Brookfield Corp. 0.17% 3,549 $189K No change
DE Deere & Co. 0.17% 450 $188K No change
NOC Northrop Grumman Corp. 0.17% 352 $186K No change
VOO Vanguard S&P 500 ETF 0.17% 346 $183K No change
CIF MFS Intermediate High Income 0.16% 101,600 $181K No change
AMX America Movil Sab DE CV 0.16% 10,850 $178K No change
BP BP PLC-Spons ADR 0.16% 5,607 $176K No change
PG The Procter & Gamble Co. 0.16% 1,003 $174K Add +5.3%
MA Mastercard Inc. Class A 0.16% 351 $173K No change
CCI Crown Castle Inc. 0.16% 1,447 $172K No change
XLE SS Energy Select Sector 0.15% 1,900 $167K No change

Show all 473 holdings

Other holdings (3): bonds, preferreds, convertibles and warrants · $131K (not counted above)
SecurityClassShares / PrincipalValueChange
MSPRW MSP Recovery Inc. -27 *W EXP 05/20/202 58,649,629$129KNo change
MSPRZ MSP Recovery -CW26 *W EXP 05/23/202 30,000$1KNo change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 25$1KNo change

Total filed on the 13F, all lines: $110.0M.

Portfolio Sells Q3 2024 → Q4 2024
BLK BlackRock Finance Inc. Sold out 0.00% −0.27
MSP RECOVERY INC Sold out 0.00% −0.04
AMAT Applied Materials Inc. Sold out 0.00% −0.03
WEA Western Asset Premier Bond Sold out 0.00% −0.01
MRO Marathon Oil Corp. Sold out 0.00% −0.01
VKQ Invesco Municipal Trust Sold out 0.00% −0.01
DAL Delta Air Lines Inc. Sold out 0.00% −0.01
BSV Vanguard Short-Term Bond ETF Sold out 0.00% −0.01
BNDX Vanguard Total Intl Bond ETF Sold out 0.00% −0.01
BXMT Blackstone Mortgage Tru Class A Sold out 0.00% −0.00
AMPG Amplitech Group Inc. Sold out 0.00% −0.00
BLV Vanguard Long-Term Bond ETF Sold out 0.00% −0.00
BIV Vanguard Intermediate-Term B Sold out 0.00% −0.00
VMBS Vanguard Mortgage-Backed Sec Sold out 0.00% −0.00
IBTO iShares Ibonds Dec 2033 Tres Sold out 0.00% −0.00
IBTM iShares Ibnds Dec 2032 TT Sold out 0.00% −0.00
IBTL iShares Ibonds Dec 2031 Term Sold out 0.00% −0.00
IBTK iShares Ibonds Dec 2030 Trea Sold out 0.00% −0.00
IBTJ iShares Ibonds Dec 2029 Term Sold out 0.00% −0.00
SCHD Schwab US DVD Equity ETF Sold out 0.00% −0.00
PANW Palo Alto Networks Inc. Reduce -50.0% 0.02% 0.00
SONY Sony Group Corp. - SP ADR Reduce -80.0% 0.05% 0.00
NBIS Nebius Group NV Sold out 0.00% 0.00
ETR Entergy Corp. Reduce -50.0% 0.04% +0.00
SCHX Schwab US Large-Cap ETF Reduce -66.7% 0.12% +0.00

Portfolio Buys Q3 2024 → Q4 2024
BRK.B Berkshire Hathaway Inc. Class B Add +6.8% 1.91% +0.12
TXO Txo Partners LP Add +0.3% 5.25% +0.01
KRP Kimbell Royalty Partners LP Add +0.1% 8.95% +0.01
HHH Howard Hughes Holdings Inc. Add +0.3% 3.74% +0.01
MSFT Microsoft Corp. Add +0.5% 1.64% +0.01
PG The Procter & Gamble Co. Add +5.3% 0.16% +0.01
BAH Booz Allen Hamilton Holdings New 0.01% +0.01
VTI VG Morningstar TS MKT ETF-US Add +2.6% 0.21% +0.01
PEP Pepsico Inc. Add +1.8% 0.18% +0.00
SAIC Science Applications Inte New 0.00% +0.00
TTWO Take-Two Interactive Softwre New 0.00% +0.00
MGK Vngrd Mrgstr MG CP GR ETF-Ui New 0.00% +0.00
VT Vanguard Tot World STK ETF New 0.00% +0.00
VTV Vanguard Mrngstr Val ETF-Aui Add +1.9% 0.07% +0.00
BAC Bank of America Corp. Add +0.2% 0.93% +0.00
JWN Nordstrom Inc. New 0.00% +0.00
SEG Seaport Entertainment Group Add +0.3% 0.13% +0.00

Notes & Other Activity Q3 2024 → Q4 2024
SEAPORT ENTERTAINMENT GR-RTS RIGHT 10/10/2024 Sold out 5,190 $15Kbefore exit
GLW Corning Inc. COM Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 562$140.6MKRP, AAPL, GOOGL, EPD, ET
Q1 2026 501$141.4MKRP, AAPL, XOM, EPD, ET
Q4 2025 499$142.6MKRP, AAPL, XOM, HHH, EPD
Q3 2025 495$140.0MKRP, AAPL, TXO, HHH, ET
Q2 2025 458$118.0MKRP, AAPL, TXO, EPD, XOM
Q1 2025 452$131.0MAAPL, KRP, TXO, EPD, XOM
Q4 2024 473$109.9MKRP, AAPL, TXO, EPD, XOM
Q3 2024 488$109.9MKRP, AAPL, TXO, EPD, XOM
Q2 2024 473$104.4MKRP, AAPL, TXO, XOM, EPD
Q1 2024 451$103.8MKRP, AAPL, NOG, EPD, TXO