# EDGAR Filing Document

**Accession Number:** 0001378559
**File Stem:** 0001378559-23-000001
**Filing Date:** 2023-2
**Character Count:** 14357
**Document Hash:** 644f0cd900671f4569975a5f17802d39
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001378559-23-000001.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001378559-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**EFFECTIVENESS DATE**: 20230203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** First Dallas Securities Inc.
- **CENTRAL INDEX KEY:** 0001378559
- **IRS NUMBER:** 752278917
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12035
- **FILM NUMBER:** 23586580

**BUSINESS ADDRESS:**
- **STREET 1:** 2905 MAPLE AVE.
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 214-954-1177

**MAIL ADDRESS:**
- **STREET 1:** 2905 MAPLE AVE.
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** First Dallas Securities Inc.<br>**Address:** 2905 MAPLE AVE.<br>DALLAS, TX 75201

**Form 13F File Number:** 028-12035

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** charmagne darabadey<br>**Title:** chief compliance officer<br>**Phone:** 2146659103

**Signature, Place, and Date of Signing:**

charmagne darabadey  Dallas, TX  02-03-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 116

**Form 13F Information Table Value Total:** $165906

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 4290 | 26548 | SH |  | SOLE | 0 | 0 | 0 | 26548 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 402 | 7650 | SH |  | SOLE | 0 | 0 | 0 | 7650 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 383 | 5000 | SH |  | SOLE | 0 | 0 | 0 | 5000 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 269 | 4150 | SH |  | SOLE | 0 | 0 | 0 | 4150 |
| AGCO CORP | COM | 001084102 |  | 416 | 3000 | SH |  | SOLE | 0 | 0 | 0 | 3000 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 531 | 5980 | SH |  | SOLE | 0 | 0 | 0 | 5980 |
| AMAZON COM INC | COM | 023135106 |  | 990 | 11790 | SH |  | SOLE | 0 | 0 | 0 | 11790 |
| AMEREN CORP | COM | 023608102 |  | 555 | 6238 | SH |  | SOLE | 0 | 0 | 0 | 6238 |
| AMERICAN EAGLE OUTFITTERS IN | COM | 02553E106 |  | 349 | 24980 | SH |  | SOLE | 0 | 0 | 0 | 24980 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 306 | 3225 | SH |  | SOLE | 0 | 0 | 0 | 3225 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 2346 | 15878 | SH |  | SOLE | 0 | 0 | 0 | 15878 |
| AMGEN INC | COM | 031162100 |  | 2160 | 8225 | SH |  | SOLE | 0 | 0 | 0 | 8225 |
| APPLE INC | COM | 037833100 |  | 13416 | 103257 | SH |  | SOLE | 0 | 0 | 0 | 103257 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 422 | 4550 | SH |  | SOLE | 0 | 0 | 0 | 4550 |
| AT INC | COM | 00206R102 |  | 1735 | 94230 | SH |  | SOLE | 0 | 0 | 0 | 94230 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 742 | 6624 | SH |  | SOLE | 0 | 0 | 0 | 6624 |
| AZEK CO INC | CL A | 05478C105 |  | 415 | 20400 | SH |  | SOLE | 0 | 0 | 0 | 20400 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 502 | 1625 | SH |  | SOLE | 0 | 0 | 0 | 1625 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 469 | 1 | SH |  | SOLE | 0 | 0 | 0 | 1 |
| BK OF AMERICA CORP | COM | 060505104 |  | 2994 | 90394 | SH |  | SOLE | 0 | 0 | 0 | 90394 |
| BLACKSTONE INC | COM | 09260D107 |  | 1969 | 26536 | SH |  | SOLE | 0 | 0 | 0 | 26536 |
| BOEING CO | COM | 097023105 |  | 2167 | 11375 | SH |  | SOLE | 0 | 0 | 0 | 11375 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 578 | 8035 | SH |  | SOLE | 0 | 0 | 0 | 8035 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 521 | 8028 | SH |  | SOLE | 0 | 0 | 0 | 8028 |
| CAPITAL SOUTHWEST CORP | COM | 140501107 |  | 282 | 16500 | SH |  | SOLE | 0 | 0 | 0 | 16500 |
| CATERPILLAR INC | COM | 149123101 |  | 1978 | 8258 | SH |  | SOLE | 0 | 0 | 0 | 8258 |
| CHESAPEAKE ENERGY CORP | COM | 165167735 |  | 1902 | 20152 | SH |  | SOLE | 0 | 0 | 0 | 20152 |
| CHEVRON CORP NEW | COM | 166764100 |  | 534 | 2976 | SH |  | SOLE | 0 | 0 | 0 | 2976 |
| CHUBB LIMITED | COM | H1467J104 |  | 475 | 2151 | SH |  | SOLE | 0 | 0 | 0 | 2151 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 252 | 29050 | SH |  | SOLE | 0 | 0 | 0 | 29050 |
| CISCO SYS INC | COM | 17275R102 |  | 920 | 19307 | SH |  | SOLE | 0 | 0 | 0 | 19307 |
| CITIGROUP INC | COM NEW | 172967424 |  | 365 | 8060 | SH |  | SOLE | 0 | 0 | 0 | 8060 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 2040 | 126650 | SH |  | SOLE | 0 | 0 | 0 | 126650 |
| COCA COLA CO | COM | 191216100 |  | 1099 | 17276 | SH |  | SOLE | 0 | 0 | 0 | 17276 |
| COMERICA INC | COM | 200340107 |  | 891 | 13327 | SH |  | SOLE | 0 | 0 | 0 | 13327 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 3559 | 73686 | SH |  | SOLE | 0 | 0 | 0 | 73686 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 521 | 4413 | SH |  | SOLE | 0 | 0 | 0 | 4413 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1379 | 3021 | SH |  | SOLE | 0 | 0 | 0 | 3021 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 304 | 2275 | SH |  | SOLE | 0 | 0 | 0 | 2275 |
| CVS HEALTH CORP | COM | 126650100 |  | 620 | 6650 | SH |  | SOLE | 0 | 0 | 0 | 6650 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 209 | 1510 | SH |  | SOLE | 0 | 0 | 0 | 1510 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 469 | 7630 | SH |  | SOLE | 0 | 0 | 0 | 7630 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 205 | 1500 | SH |  | SOLE | 0 | 0 | 0 | 1500 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 1228 | 11921 | SH |  | SOLE | 0 | 0 | 0 | 11921 |
| EAGLE MATLS INC | COM | 26969P108 |  | 1599 | 12038 | SH |  | SOLE | 0 | 0 | 0 | 12038 |
| ENCORE WIRE CORP | COM | 292562105 |  | 2603 | 18925 | SH |  | SOLE | 0 | 0 | 0 | 18925 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 904 | 76124 | SH |  | SOLE | 0 | 0 | 0 | 76124 |
| ENLINK MIDSTREAM LLC | COM UNIT REP LTD | 29336T100 |  | 3257 | 264794 | SH |  | SOLE | 0 | 0 | 0 | 264794 |
| ETHAN ALLEN INTERIORS INC | COM | 297602104 |  | 2552 | 96586 | SH |  | SOLE | 0 | 0 | 0 | 96586 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 6187 | 56090 | SH |  | SOLE | 0 | 0 | 0 | 56090 |
| FEDEX CORP | COM | 31428X106 |  | 1061 | 6128 | SH |  | SOLE | 0 | 0 | 0 | 6128 |
| FORD MTR CO DEL | COM | 345370860 |  | 614 | 52775 | SH |  | SOLE | 0 | 0 | 0 | 52775 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 1541 | 40564 | SH |  | SOLE | 0 | 0 | 0 | 40564 |
| GENERAL MTRS CO | COM | 37045V100 |  | 4017 | 119415 | SH |  | SOLE | 0 | 0 | 0 | 119415 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 211 | 19282 | SH |  | SOLE | 0 | 0 | 0 | 19282 |
| GLOBAL MED REIT INC | COM NEW | 37954A204 |  | 434 | 45800 | SH |  | SOLE | 0 | 0 | 0 | 45800 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 481 | 1400 | SH |  | SOLE | 0 | 0 | 0 | 1400 |
| HOME DEPOT INC | COM | 437076102 |  | 3612 | 11434 | SH |  | SOLE | 0 | 0 | 0 | 11434 |
| HONEYWELL INTL INC | COM | 438516106 |  | 525 | 2450 | SH |  | SOLE | 0 | 0 | 0 | 2450 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 433 | 3075 | SH |  | SOLE | 0 | 0 | 0 | 3075 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3202 | 18128 | SH |  | SOLE | 0 | 0 | 0 | 18128 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1577 | 11763 | SH |  | SOLE | 0 | 0 | 0 | 11763 |
| LILLY ELI  CO | COM | 532457108 |  | 1691 | 4623 | SH |  | SOLE | 0 | 0 | 0 | 4623 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 280 | 575 | SH |  | SOLE | 0 | 0 | 0 | 575 |
| LOWES COS INC | COM | 548661107 |  | 244 | 1225 | SH |  | SOLE | 0 | 0 | 0 | 1225 |
| MATADOR RES CO | COM | 576485205 |  | 481 | 8404 | SH |  | SOLE | 0 | 0 | 0 | 8404 |
| MCDONALDS CORP | COM | 580135101 |  | 1233 | 4678 | SH |  | SOLE | 0 | 0 | 0 | 4678 |
| MERCK  CO INC | COM | 58933Y105 |  | 1735 | 15640 | SH |  | SOLE | 0 | 0 | 0 | 15640 |
| META PLATFORMS INC | CL A | 30303M102 |  | 820 | 6817 | SH |  | SOLE | 0 | 0 | 0 | 6817 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1117 | 22350 | SH |  | SOLE | 0 | 0 | 0 | 22350 |
| MICROSOFT CORP | COM | 594918104 |  | 3733 | 15566 | SH |  | SOLE | 0 | 0 | 0 | 15566 |
| MODERNA INC | COM | 60770K107 |  | 831 | 4625 | SH |  | SOLE | 0 | 0 | 0 | 4625 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 391 | 4600 | SH |  | SOLE | 0 | 0 | 0 | 4600 |
| NCR CORP NEW | COM | 62886E108 |  | 213 | 9100 | SH |  | SOLE | 0 | 0 | 0 | 9100 |
| NETFLIX INC | COM | 64110L106 |  | 208 | 705 | SH |  | SOLE | 0 | 0 | 0 | 705 |
| NEW YORK CMNTY BANCORP INC | COM | 649445103 |  | 1116 | 129758 | SH |  | SOLE | 0 | 0 | 0 | 129758 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 269 | 22000 | SH |  | SOLE | 0 | 0 | 0 | 22000 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 408 | 3011 | SH |  | SOLE | 0 | 0 | 0 | 3011 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2004 | 13714 | SH |  | SOLE | 0 | 0 | 0 | 13714 |
| ON HLDG AG | NAMEN AKT A | H5919C104 |  | 378 | 22000 | SH |  | SOLE | 0 | 0 | 0 | 22000 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 596 | 9550 | SH |  | SOLE | 0 | 0 | 0 | 9550 |
| ONEOK INC NEW | COM | 682680103 |  | 4066 | 61885 | SH |  | SOLE | 0 | 0 | 0 | 61885 |
| PACKAGING CORP AMER | COM | 695156109 |  | 620 | 4845 | SH |  | SOLE | 0 | 0 | 0 | 4845 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 229 | 3215 | SH |  | SOLE | 0 | 0 | 0 | 3215 |
| PEPSICO INC | COM | 713448108 |  | 656 | 3631 | SH |  | SOLE | 0 | 0 | 0 | 3631 |
| PFIZER INC | COM | 717081103 |  | 488 | 9523 | SH |  | SOLE | 0 | 0 | 0 | 9523 |
| PIONEER NAT RES CO | COM | 723787107 |  | 287 | 1255 | SH |  | SOLE | 0 | 0 | 0 | 1255 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 520 | 3430 | SH |  | SOLE | 0 | 0 | 0 | 3430 |
| QUALCOMM INC | COM | 747525103 |  | 2300 | 20917 | SH |  | SOLE | 0 | 0 | 0 | 20917 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 289 | 2866 | SH |  | SOLE | 0 | 0 | 0 | 2866 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 254 | 4750 | SH |  | SOLE | 0 | 0 | 0 | 4750 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 537 | 6445 | SH |  | SOLE | 0 | 0 | 0 | 6445 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 441 | 3750 | SH |  | SOLE | 0 | 0 | 0 | 3750 |
| SIX FLAGS ENTMT CORP NEW | COM | 83001A102 |  | 226 | 9700 | SH |  | SOLE | 0 | 0 | 0 | 9700 |
| SOUTHERN CO | COM | 842587107 |  | 728 | 10196 | SH |  | SOLE | 0 | 0 | 0 | 10196 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 913 | 27116 | SH |  | SOLE | 0 | 0 | 0 | 27116 |
| SUNOPTA INC | COM | 8676EP108 |  | 276 | 32750 | SH |  | SOLE | 0 | 0 | 0 | 32750 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 704 | 9450 | SH |  | SOLE | 0 | 0 | 0 | 9450 |
| TARGET CORP | COM | 87612E106 |  | 1085 | 7277 | SH |  | SOLE | 0 | 0 | 0 | 7277 |
| TEXAS INSTRS INC | COM | 882508104 |  | 414 | 2505 | SH |  | SOLE | 0 | 0 | 0 | 2505 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 24307 | 10369 | SH |  | SOLE | 0 | 0 | 0 | 10369 |
| TOPGOLF CALLAWAY BRANDS CORP | COM | 131193104 |  | 1068 | 54091 | SH |  | SOLE | 0 | 0 | 0 | 54091 |
| TRIUMPH BANCORP INC | COM | 89679E300 |  | 1194 | 24422 | SH |  | SOLE | 0 | 0 | 0 | 24422 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1177 | 47600 | SH |  | SOLE | 0 | 0 | 0 | 47600 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 2467 | 14191 | SH |  | SOLE | 0 | 0 | 0 | 14191 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 477 | 900 | SH |  | SOLE | 0 | 0 | 0 | 900 |
| UPLAND SOFTWARE INC | COM | 91544A109 |  | 150 | 21000 | SH |  | SOLE | 0 | 0 | 0 | 21000 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1105 | 28058 | SH |  | SOLE | 0 | 0 | 0 | 28058 |
| VISTRA CORP | COM | 92840M102 |  | 1269 | 54683 | SH |  | SOLE | 0 | 0 | 0 | 54683 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 584 | 15625 | SH |  | SOLE | 0 | 0 | 0 | 15625 |
| WALMART INC | COM | 931142103 |  | 624 | 4399 | SH |  | SOLE | 0 | 0 | 0 | 4399 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 436 | 10550 | SH |  | SOLE | 0 | 0 | 0 | 10550 |
| WHIRLPOOL CORP | COM | 963320106 |  | 1060 | 7491 | SH |  | SOLE | 0 | 0 | 0 | 7491 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 407 | 3539 | SH |  | SOLE | 0 | 0 | 0 | 3539 |
| WYNN RESORTS LTD | COM | 983134107 |  | 1136 | 13775 | SH |  | SOLE | 0 | 0 | 0 | 13775 |
| XCEL ENERGY INC | COM | 98389B100 |  | 2695 | 38438 | SH |  | SOLE | 0 | 0 | 0 | 38438 |

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