# EDGAR Filing Document

**Accession Number:** 0001442573
**File Stem:** 0001062993-25-013216
**Filing Date:** 2025-7
**Character Count:** 13945
**Document Hash:** 5bacfa77045e8db218e5b91197560a3f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-013216.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001062993-25-013216

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**EFFECTIVENESS DATE**: 20250729

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HOURGLASS CAPITAL, LLC
- **CENTRAL INDEX KEY:** 0001442573

**ORGANIZATION NAME:**
- **EIN:** 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:** 251157631

**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:** 06-30-2025

**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  07-29-2025<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:** 106

**Form 13F Information Table Value Total:** $404537187

      (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 |  | 3477162 | 22840 | SH |  | SOLE |  | 22840 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 5566001 | 29986 | SH |  | SOLE |  | 29986 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 9044124 | 51320 | SH |  | SOLE |  | 51320 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 292693 | 1650 | SH |  | SOLE |  | 1650 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 376096 | 1347 | SH |  | SOLE |  | 1347 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 5784563 | 28194 | SH |  | SOLE |  | 28194 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 5816072 | 200970 | SH |  | SOLE |  | 200970 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 5767486 | 150430 | SH |  | SOLE |  | 150430 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 2493149 | 52687 | SH |  | SOLE |  | 52687 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 3465969 | 7135 | SH |  | SOLE |  | 7135 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 4123525 | 85746 | SH |  | SOLE |  | 85746 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 2256852 | 17970 | SH |  | SOLE |  | 17970 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 200436 | 4330 | SH |  | SOLE |  | 4330 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 5801054 | 21045 | SH |  | SOLE |  | 21045 | 0 | 0 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 2371446 | 133980 | SH |  | SOLE |  | 133980 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 289993 | 747 | SH |  | SOLE |  | 747 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 2877189 | 11815 | SH |  | SOLE |  | 11815 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 6252964 | 43669 | SH |  | SOLE |  | 43669 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 11172053 | 161027 | SH |  | SOLE |  | 161027 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 10493083 | 123274 | SH |  | SOLE |  | 123274 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 709840 | 93400 | SH |  | SOLE |  | 93400 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 336330 | 3700 | SH |  | SOLE |  | 3700 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 2144255 | 60080 | SH |  | SOLE |  | 60080 | 0 | 0 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 434120 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 225247 | 2510 | SH |  | SOLE |  | 2510 | 0 | 0 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 |  | 6348083 | 91025 | SH |  | SOLE |  | 91025 | 0 | 0 |
| CORECIVIC INC | COM | 21871N101 |  | 3437992 | 163170 | SH |  | SOLE |  | 163170 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 362318 | 366 | SH |  | SOLE |  | 366 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 910175 | 7060 | SH |  | SOLE |  | 7060 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 5721798 | 116344 | SH |  | SOLE |  | 116344 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 940014 | 35499 | SH |  | SOLE |  | 35499 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 856776 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 5870465 | 54457 | SH |  | SOLE |  | 54457 | 0 | 0 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 6208124 | 140075 | SH |  | SOLE |  | 140075 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 1854963 | 45100 | SH |  | SOLE |  | 45100 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 1481583 | 8950 | SH |  | SOLE |  | 8950 | 0 | 0 |
| FLAGSTAR FINANCIAL INC | COM NEW | 649445400 |  | 697830 | 65833 | SH |  | SOLE |  | 65833 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 108500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 6755361 | 155833 | SH |  | SOLE |  | 155833 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 268327 | 920 | SH |  | SOLE |  | 920 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 4094124 | 83197 | SH |  | SOLE |  | 83197 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 12222135 | 17269 | SH |  | SOLE |  | 17269 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 5014618 | 130589 | SH |  | SOLE |  | 130589 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 7658169 | 19990 | SH |  | SOLE |  | 19990 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 2996947 | 146550 | SH |  | SOLE |  | 146550 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 7340499 | 20021 | SH |  | SOLE |  | 20021 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 3769653 | 154115 | SH |  | SOLE |  | 154115 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 7304648 | 24780 | SH |  | SOLE |  | 24780 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 3493534 | 34060 | SH |  | SOLE |  | 34060 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 207623 | 1069 | SH |  | SOLE |  | 1069 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 |  | 365220 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1361002 | 8910 | SH |  | SOLE |  | 8910 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1016424 | 3506 | SH |  | SOLE |  | 3506 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 8613024 | 292960 | SH |  | SOLE |  | 292960 | 0 | 0 |
| KIRBY CORP | COM | 497266106 |  | 5779374 | 50960 | SH |  | SOLE |  | 50960 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 4321752 | 167380 | SH |  | SOLE |  | 167380 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 262510 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 5766178 | 47513 | SH |  | SOLE |  | 47513 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 939298 | 2002 | SH |  | SOLE |  | 2002 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 463140 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 10679104 | 184568 | SH |  | SOLE |  | 184568 | 0 | 0 |
| MAIN STR CAP CORP | COM | 56035L104 |  | 7307479 | 123646 | SH |  | SOLE |  | 123646 | 0 | 0 |
| MANPOWERGROUP INC WIS | COM | 56418H100 |  | 2224828 | 55070 | SH |  | SOLE |  | 55070 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 332220 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 4479484 | 6113 | SH |  | SOLE |  | 6113 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 6700113 | 13470 | SH |  | SOLE |  | 13470 | 0 | 0 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 1329448 | 27645 | SH |  | SOLE |  | 27645 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 10252495 | 72785 | SH |  | SOLE |  | 72785 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 1207488 | 33100 | SH |  | SOLE |  | 33100 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 10821795 | 185750 | SH |  | SOLE |  | 185750 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 1596433 | 23130 | SH |  | SOLE |  | 23130 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 6233716 | 38820 | SH |  | SOLE |  | 38820 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 6506028 | 41180 | SH |  | SOLE |  | 41180 | 0 | 0 |
| O-I GLASS INC | COM | 67098H104 |  | 2643914 | 179370 | SH |  | SOLE |  | 179370 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 11033819 | 50468 | SH |  | SOLE |  | 50468 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 10579306 | 436440 | SH |  | SOLE |  | 436440 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 9881463 | 54255 | SH |  | SOLE |  | 54255 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 211161 | 1770 | SH |  | SOLE |  | 1770 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 321826 | 2020 | SH |  | SOLE |  | 2020 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 4150316 | 26060 | SH |  | SOLE |  | 26060 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 4285085 | 182189 | SH |  | SOLE |  | 182189 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 331708 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 438060 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 7875907 | 233015 | SH |  | SOLE |  | 233015 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 5019002 | 51110 | SH |  | SOLE |  | 51110 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 455250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 648259 | 1049 | SH |  | SOLE |  | 1049 | 0 | 0 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 |  | 1431273 | 10545 | SH |  | SOLE |  | 10545 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 1675369 | 22120 | SH |  | SOLE |  | 22120 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 1248424 | 4930 | SH |  | SOLE |  | 4930 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 241164 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 2077561 | 40255 | SH |  | SOLE |  | 40255 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 205633 | 2204 | SH |  | SOLE |  | 2204 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 3245386 | 89110 | SH |  | SOLE |  | 89110 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 3920005 | 38835 | SH |  | SOLE |  | 38835 | 0 | 0 |
| URANIUM ENERGY CORP | COM | 916896103 |  | 68000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 4616655 | 34345 | SH |  | SOLE |  | 34345 | 0 | 0 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 4114194 | 460716 | SH |  | SOLE |  | 460716 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1537582 | 5059 | SH |  | SOLE |  | 5059 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2171938 | 50195 | SH |  | SOLE |  | 50195 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 5735122 | 175924 | SH |  | SOLE |  | 175924 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 7440374 | 76093 | SH |  | SOLE |  | 76093 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 7746985 | 123340 | SH |  | SOLE |  | 123340 | 0 | 0 |
| WOODSIDE ENERGY GROUP LTD | SPONSORED ADR | 980228308 |  | 4795860 | 310814 | SH |  | SOLE |  | 310814 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 5739845 | 62930 | SH |  | SOLE |  | 62930 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 2396227 | 42150 | SH |  | SOLE |  | 42150 | 0 | 0 |

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