# EDGAR Filing Document

**Accession Number:** 0001442573
**File Stem:** 0001062993-23-002505
**Filing Date:** 2023-2
**Character Count:** 13382
**Document Hash:** 1a62809ed4134d784a08efdbbf16343e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-23-002505.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001062993-23-002505

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**EFFECTIVENESS DATE**: 20230209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HOURGLASS CAPITAL, LLC
- **CENTRAL INDEX KEY:** 0001442573
- **IRS NUMBER:** 262695261
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13181
- **FILM NUMBER:** 23601798

**BUSINESS ADDRESS:**
- **STREET 1:** 5020 MONTROSE BLVD
- **STREET 2:** SUITE 400
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77006
- **BUSINESS PHONE:** 7139360440

**MAIL ADDRESS:**
- **STREET 1:** 5020 MONTROSE BLVD
- **STREET 2:** SUITE 400
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77006

### 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:** HOURGLASS CAPITAL LLC<br>**Address:** 5020 MONTROSE BLVD<br>SUITE 400<br>HOUSTON, TX 77006

**Form 13F File Number:** 028-13181

**CRD Number (if applicable):** 000147754

**SEC File Number (if applicable):** 801-69395

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:** Debra L. Gardner<br>**Title:** Chief Compliance Officer<br>**Phone:** 713-936-0445

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

Debra L. Gardner  Houston, TX  02-09-2023<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:** 101

**Form 13F Information Table Value Total:** $283854083

      (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 |
| 3M CO | COM | 88579Y101 |  | 3824848 | 31895 | SH |  | SOLE |  | 31895 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 14332706 | 88687 | SH |  | SOLE |  | 88687 | 0 | 0 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 1165048 | 27132 | SH |  | SOLE |  | 27132 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 292899 | 3325 | SH |  | SOLE |  | 3325 | 0 | 0 |
| ALIGHT INC | COM CL A | 01626W101 |  | 84436 | 10100 | SH |  | SOLE |  | 10100 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2206632 | 25010 | SH |  | SOLE |  | 25010 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 292809 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 353776 | 1347 | SH |  | SOLE |  | 1347 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 7042076 | 54199 | SH |  | SOLE |  | 54199 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 3382893 | 183753 | SH |  | SOLE |  | 183753 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 5864806 | 198605 | SH |  | SOLE |  | 198605 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1897445 | 57290 | SH |  | SOLE |  | 57290 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 3012702 | 9753 | SH |  | SOLE |  | 9753 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 5006815 | 80690 | SH |  | SOLE |  | 80690 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 3420733 | 97931 | SH |  | SOLE |  | 97931 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 303125 | 4213 | SH |  | SOLE |  | 4213 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 4274549 | 7645 | SH |  | SOLE |  | 7645 | 0 | 0 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 2107083 | 36760 | SH |  | SOLE |  | 36760 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 249622 | 1042 | SH |  | SOLE |  | 1042 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 7550785 | 42068 | SH |  | SOLE |  | 42068 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 6678604 | 140189 | SH |  | SOLE |  | 140189 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 4810527 | 106357 | SH |  | SOLE |  | 106357 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1408941 | 40290 | SH |  | SOLE |  | 40290 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 241900 | 2050 | SH |  | SOLE |  | 2050 | 0 | 0 |
| CORECIVIC INC | COM | 21871N101 |  | 1718856 | 148690 | SH |  | SOLE |  | 148690 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 226044 | 9200 | SH |  | SOLE |  | 9200 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 1163011 | 12480 | SH |  | SOLE |  | 12480 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 730057 | 8190 | SH |  | SOLE |  | 8190 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 2939031 | 89441 | SH |  | SOLE |  | 89441 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 5929089 | 117664 | SH |  | SOLE |  | 117664 | 0 | 0 |
| EAGLE MATLS INC | COM | 26969P108 |  | 3774933 | 28415 | SH |  | SOLE |  | 28415 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 376680 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 8407051 | 76220 | SH |  | SOLE |  | 76220 | 0 | 0 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 6611688 | 182090 | SH |  | SOLE |  | 182090 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 3897697 | 118796 | SH |  | SOLE |  | 118796 | 0 | 0 |
| FORD MTR CO DEL | COM | 345370860 |  | 351808 | 30250 | SH |  | SOLE |  | 30250 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 5582580 | 146910 | SH |  | SOLE |  | 146910 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 1243065 | 36952 | SH |  | SOLE |  | 36952 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 7875420 | 22935 | SH |  | SOLE |  | 22935 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 6247359 | 26035 | SH |  | SOLE |  | 26035 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 1459063 | 91420 | SH |  | SOLE |  | 91420 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 5588827 | 17694 | SH |  | SOLE |  | 17694 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 219872 | 1026 | SH |  | SOLE |  | 1026 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 3458438 | 128710 | SH |  | SOLE |  | 128710 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 6286512 | 44620 | SH |  | SOLE |  | 44620 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 2265395 | 85713 | SH |  | SOLE |  | 85713 | 0 | 0 |
| INVESCO LTD | SHS | G491BT108 |  | 1348081 | 74935 | SH |  | SOLE |  | 74935 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 3825988 | 76750 | SH |  | SOLE |  | 76750 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 376456 | 2482 | SH |  | SOLE |  | 2482 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 |  | 417897 | 2450 | SH |  | SOLE |  | 2450 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2132166 | 12070 | SH |  | SOLE |  | 12070 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 497913 | 3713 | SH |  | SOLE |  | 3713 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 5317075 | 294086 | SH |  | SOLE |  | 294086 | 0 | 0 |
| KIRBY CORP | COM | 497266106 |  | 2907655 | 45185 | SH |  | SOLE |  | 45185 | 0 | 0 |
| LABORATORY CORP AMER HLDGS | COM NEW | 50540R409 |  | 235480 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 486490 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 5089075 | 61292 | SH |  | SOLE |  | 61292 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 2368540 | 16328 | SH |  | SOLE |  | 16328 | 0 | 0 |
| MAIN STR CAP CORP | COM | 56035L104 |  | 4616903 | 124950 | SH |  | SOLE |  | 124950 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 232780 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 1943122 | 5180 | SH |  | SOLE |  | 5180 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 3685314 | 15367 | SH |  | SOLE |  | 15367 | 0 | 0 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 1587074 | 30805 | SH |  | SOLE |  | 30805 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 7114644 | 83682 | SH |  | SOLE |  | 83682 | 0 | 0 |
| NEW YORK CMNTY BANCORP INC | COM | 649445103 |  | 4503244 | 523633 | SH |  | SOLE |  | 523633 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 257422 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 1806421 | 56770 | SH |  | SOLE |  | 56770 | 0 | 0 |
| O-I GLASS INC | COM | 67098H104 |  | 2439850 | 147245 | SH |  | SOLE |  | 147245 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 6445935 | 78859 | SH |  | SOLE |  | 78859 | 0 | 0 |
| OUTFRONT MEDIA INC | COM | 69007J106 |  | 3025701 | 182491 | SH |  | SOLE |  | 182491 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 2816040 | 166827 | SH |  | SOLE |  | 166827 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 978215 | 8465 | SH |  | SOLE |  | 8465 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 3252305 | 63472 | SH |  | SOLE |  | 63472 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 5814211 | 57447 | SH |  | SOLE |  | 57447 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 303120 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 1580168 | 14373 | SH |  | SOLE |  | 14373 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 301782 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 8713445 | 162990 | SH |  | SOLE |  | 162990 | 0 | 0 |
| SOCIETAL CDMO INC | COM | 75629F109 |  | 89400 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 493270 | 107000 | SH |  | SOLE |  | 107000 | 0 | 0 |
| SOMALOGIC INC | CLASS A COM | 83444K105 |  | 126253 | 50300 | SH |  | SOLE |  | 50300 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 723570 | 1892 | SH |  | SOLE |  | 1892 | 0 | 0 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 1534224 | 12263 | SH |  | SOLE |  | 12263 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 4354439 | 56958 | SH |  | SOLE |  | 56958 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 601664 | 15800 | SH |  | SOLE |  | 15800 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 232113 | 3649 | SH |  | SOLE |  | 3649 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 267607 | 6100 | SH |  | SOLE |  | 6100 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 497406 | 13665 | SH |  | SOLE |  | 13665 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 546632 | 22104 | SH |  | SOLE |  | 22104 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 224315 | 5950 | SH |  | SOLE |  | 5950 | 0 | 0 |
| URANIUM ENERGY CORP | COM | 916896103 |  | 38800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 3499433 | 27585 | SH |  | SOLE |  | 27585 | 0 | 0 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 3244839 | 286900 | SH |  | SOLE |  | 286900 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1479825 | 37559 | SH |  | SOLE |  | 37559 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 5657040 | 174600 | SH |  | SOLE |  | 174600 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 5312871 | 37470 | SH |  | SOLE |  | 37470 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 6317129 | 192010 | SH |  | SOLE |  | 192010 | 0 | 0 |
| WOODSIDE ENERGY GROUP LTD | SPONSORED ADR | 980228308 |  | 3104085 | 128215 | SH |  | SOLE |  | 128215 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 369750 | 2900 | SH |  | SOLE |  | 2900 | 0 | 0 |
| ZOOM VIDEO COMMUNICATIONS IN | CL A | 98980L101 |  | 808816 | 11940 | SH |  | SOLE |  | 11940 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 1751854 | 32150 | SH |  | SOLE |  | 32150 | 0 | 0 |

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