# EDGAR Filing Document

**Accession Number:** 0001337263
**File Stem:** 0001337263-25-000016
**Filing Date:** 2025-11
**Character Count:** 24351
**Document Hash:** d3c2de411c360c7c98ed9c2b7f9f5e3c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001337263-25-000016.hdr.sgml**: 20251107

**ACCESSION NUMBER**: 0001337263-25-000016

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251107

**DATE AS OF CHANGE**: 20251107

**EFFECTIVENESS DATE**: 20251107

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hodges Capital Management Inc.
- **CENTRAL INDEX KEY:** 0001337263

**ORGANIZATION NAME:**
- **EIN:** 752278918
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11488
- **FILM NUMBER:** 251461700

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Hodges Capital Management
- **DATE OF NAME CHANGE:** 20250818

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Hodges Capital Management Inc.
- **DATE OF NAME CHANGE:** 20050829

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Hodges Capital Management Inc.<br>**Address:** 2905 MAPLE AVENUE<br>DALLAS, TX 75201

**Form 13F File Number:** 028-11488

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  11-07-2025<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:** 207

**Form 13F Information Table Value Total:** $1169119702

      (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 |  | 3404122 | 21937 | SH |  | SOLE |  | 10000 | 0 | 11937 |
| Abbvie Inc | COM | 00287Y109 |  | 7485873 | 32331 | SH |  | SOLE |  | 10647 | 0 | 21684 |
| Academy Sports  Outdoors Inc | COM | 00402L107 |  | 11801307 | 235932 | SH |  | SOLE |  | 213550 | 0 | 22382 |
| Advanced Micro Devices Inc | COM | 007903107 |  | 256599 | 1586 | SH |  | SOLE |  | 48 | 0 | 1538 |
| Agco Corp | COM | 001084102 |  | 386523 | 3610 | SH |  | SOLE |  | 1300 | 0 | 2310 |
| Airbnb Inc Cl A | COM | 009066101 |  | 1241762 | 10227 | SH |  | SOLE |  | 4427 | 0 | 5800 |
| Alkami Technology Inc | COM | 01644J108 |  | 6806483 | 274013 | SH |  | SOLE |  | 263079 | 0 | 10934 |
| Alphabet Inc Cap Stock Cl A | COM | 02079K305 |  | 1692663 | 6963 | SH |  | SOLE |  | 0 | 0 | 6963 |
| Alphabet Inc Cap Stock Cl C | COM | 02079K107 |  | 5864240 | 24078 | SH |  | SOLE |  | 132 | 0 | 23946 |
| Altria Group Inc | COM | 02209S103 |  | 464071 | 7025 | SH |  | SOLE |  | 0 | 0 | 7025 |
| Amazon.Com Inc | COM | 023135106 |  | 15667088 | 71353 | SH |  | SOLE |  | 11462 | 0 | 59891 |
| American Eagle Outfitters Inc | COM | 02553E106 |  | 171100 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| American Electric Power Co Inc | COM | 025537101 |  | 1668511 | 14831 | SH |  | SOLE |  | 1500 | 0 | 13331 |
| American Express Co | COM | 025816109 |  | 5266583 | 15856 | SH |  | SOLE |  | 7820 | 0 | 8036 |
| Amgen Inc | COM | 031162100 |  | 1372339 | 4863 | SH |  | SOLE |  | 23 | 0 | 4840 |
| Apple Inc | COM | 037833100 |  | 14230954 | 55889 | SH |  | SOLE |  | 12626 | 0 | 43263 |
| Applied Materials Inc | COM | 038222105 |  | 327584 | 1600 | SH |  | SOLE |  | 0 | 0 | 1600 |
| At Inc | COM | 00206R102 |  | 1355554 | 48001 | SH |  | SOLE |  | 0 | 0 | 48001 |
| Aviat Networks Inc New | COM | 05366Y201 |  | 7558026 | 329613 | SH |  | SOLE |  | 256088 | 0 | 73525 |
| Azz Inc | COM | 002474104 |  | 1729710 | 15850 | SH |  | SOLE |  | 15850 | 0 | 0 |
| Banc Of California Inc | COM | 05990K106 |  | 20594476 | 1244379 | SH |  | SOLE |  | 980820 | 0 | 263559 |
| Bancfirst Corp | COM | 05945F103 |  | 5247675 | 41500 | SH |  | SOLE |  | 41500 | 0 | 0 |
| Bank Of America Corp | COM | 060505104 |  | 3131120 | 60692 | SH |  | SOLE |  | 40000 | 0 | 20692 |
| Bank Ozk Little Rock Ark | COM | 06417N103 |  | 5490546 | 107700 | SH |  | SOLE |  | 104200 | 0 | 3500 |
| Berkshire Hathaway Inc Cl B Ne | COM | 084670702 |  | 4420593 | 8793 | SH |  | SOLE |  | 3250 | 0 | 5543 |
| Blackstone Inc | COM | 09260D107 |  | 685108 | 4010 | SH |  | SOLE |  | 0 | 0 | 4010 |
| Blue Bird Corp | COM | 095306106 |  | 2626006 | 45630 | SH |  | SOLE |  | 45435 | 0 | 195 |
| Boeing Co | COM | 097023105 |  | 11312345 | 52413 | SH |  | SOLE |  | 5029 | 0 | 47384 |
| Boyd Gaming Corp | COM | 103304101 |  | 2785851 | 32225 | SH |  | SOLE |  | 30000 | 0 | 2225 |
| Broadcom Inc | COM | 11135F101 |  | 7204951 | 21839 | SH |  | SOLE |  | 10208 | 0 | 11631 |
| Builders Firstsource Inc | COM | 12008R107 |  | 798552 | 6586 | SH |  | SOLE |  | 1191 | 0 | 5395 |
| Byrna Technologies Inc New | COM | 12448X201 |  | 504140 | 22750 | SH |  | SOLE |  | 0 | 0 | 22750 |
| Capital Southwest Corp | COM | 140501107 |  | 2221869 | 101641 | SH |  | SOLE |  | 0 | 0 | 101641 |
| Carpenter Technology Corp | COM | 144285103 |  | 8130370 | 33112 | SH |  | SOLE |  | 24442 | 0 | 8670 |
| Caterpillar Inc | COM | 149123101 |  | 7234921 | 15163 | SH |  | SOLE |  | 230 | 0 | 14933 |
| Century Alum Co | COM | 156431108 |  | 587200 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| Charles Schwab Corp | COM | 808513105 |  | 1111844 | 11646 | SH |  | SOLE |  | 2471 | 0 | 9175 |
| Chevron Corp | COM | 166764100 |  | 652140 | 4199 | SH |  | SOLE |  | 363 | 0 | 3836 |
| Cinemark Holdings Inc | COM | 17243V102 |  | 5073612 | 181071 | SH |  | SOLE |  | 166945 | 0 | 14126 |
| Citi Trends Inc | COM | 17306X102 |  | 1613560 | 52000 | SH |  | SOLE |  | 44500 | 0 | 7500 |
| Citigroup Inc New | COM | 172967424 |  | 7036431 | 69324 | SH |  | SOLE |  | 25402 | 0 | 43922 |
| Clear Secure Inc Cl A | COM | 18467V109 |  | 8086305 | 242250 | SH |  | SOLE |  | 225200 | 0 | 17050 |
| Cleveland-Cliffs Inc | COM | 185899101 |  | 29658240 | 2431003 | SH |  | SOLE |  | 1590683 | 0 | 840320 |
| Cnx Resources Corp | COM | 12653C108 |  | 228052 | 7100 | SH |  | SOLE |  | 4200 | 0 | 2900 |
| Coca-Cola Co | COM | 191216100 |  | 620047 | 9349 | SH |  | SOLE |  | 0 | 0 | 9349 |
| Commercial Metals Co | COM | 201723103 |  | 14553923 | 254084 | SH |  | SOLE |  | 169291 | 0 | 84793 |
| Conocophillips | COM | 20825C104 |  | 358402 | 3789 | SH |  | SOLE |  | 400 | 0 | 3389 |
| Corecivic Inc | COM | 21871N101 |  | 529100 | 26000 | SH |  | SOLE |  | 0 | 0 | 26000 |
| Costco Wholesale Corp | COM | 22160K105 |  | 3060619 | 3307 | SH |  | SOLE |  | 1757 | 0 | 1550 |
| Crowdstrike Holdings Inc Cl A | COM | 22788C105 |  | 262353 | 535 | SH |  | SOLE |  | 0 | 0 | 535 |
| Cullen Frost Bankers Inc | COM | 229899109 |  | 379672 | 2995 | SH |  | SOLE |  | 44 | 0 | 2951 |
| Cummins Inc | COM | 231021106 |  | 1373241 | 3251 | SH |  | SOLE |  | 3000 | 0 | 251 |
| Cyberark Software Ltd | COM | M2682V108 |  | 4367676 | 9040 | SH |  | SOLE |  | 7518 | 0 | 1522 |
| D R Horton Inc | COM | 23331A109 |  | 269796 | 1592 | SH |  | SOLE |  | 742 | 0 | 850 |
| Darden Restaurants Inc | COM | 237194105 |  | 278353 | 1462 | SH |  | SOLE |  | 0 | 0 | 1462 |
| Deere  Co | COM | 244199105 |  | 334714 | 732 | SH |  | SOLE |  | 12 | 0 | 720 |
| Dell Technologies Inc Cl C | COM | 24703L202 |  | 297717 | 2100 | SH |  | SOLE |  | 0 | 0 | 2100 |
| Devon Energy Corp | COM | 25179M103 |  | 438601 | 12510 | SH |  | SOLE |  | 3250 | 0 | 9260 |
| Diamondback Energy Inc | COM | 25278X109 |  | 1758883 | 12291 | SH |  | SOLE |  | 1286 | 0 | 11005 |
| Diodes Inc | COM | 254543101 |  | 1968451 | 36994 | SH |  | SOLE |  | 36994 | 0 | 0 |
| Draftkings Inc  Cl A | COM | 26142V105 |  | 21428068 | 572943 | SH |  | SOLE |  | 275010 | 0 | 297933 |
| Duke Energy Corp New | COM | 26441C204 |  | 541195 | 4373 | SH |  | SOLE |  | 0 | 0 | 4373 |
| Eagle Materials Inc | COM | 26969P108 |  | 27275877 | 117044 | SH |  | SOLE |  | 74866 | 0 | 42178 |
| Edgemode Inc | COM | 35131P102 |  | 1170 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| Eli Lilly  Co | COM | 532457108 |  | 8877274 | 11635 | SH |  | SOLE |  | 2283 | 0 | 9352 |
| Enovix Corporation | COM | 293594107 |  | 693483 | 69557 | SH |  | SOLE |  | 2000 | 0 | 67557 |
| Eqt Corp | COM | 26884L109 |  | 1623111 | 29820 | SH |  | SOLE |  | 3632 | 0 | 26188 |
| Ethan Allen Interiors Inc | COM | 297602104 |  | 10958714 | 371986 | SH |  | SOLE |  | 282047 | 0 | 89939 |
| Expand Energy Corporation | COM | 165167735 |  | 11886270 | 111881 | SH |  | SOLE |  | 59265 | 0 | 52616 |
| Exxon Mobile Corp | COM | 30231G102 |  | 6525592 | 57877 | SH |  | SOLE |  | 4029 | 0 | 53848 |
| Farmer Brothers Co | COM | 307675108 |  | 21375 | 12500 | SH |  | SOLE |  | 0 | 0 | 12500 |
| Fedex Corp | COM | 31428X106 |  | 1428290 | 6057 | SH |  | SOLE |  | 1118 | 0 | 4939 |
| First Watch Restaurant Group I | COM | 33748L101 |  | 2235488 | 142934 | SH |  | SOLE |  | 130005 | 0 | 12929 |
| Ford Motor Co | COM | 345370860 |  | 173420 | 14500 | SH |  | SOLE |  | 0 | 0 | 14500 |
| Franklin Bsp Realty Trust Inc | COM | 35243J101 |  | 120636 | 11108 | SH |  | SOLE |  | 7875 | 0 | 3233 |
| Freeport-Mcmoran Inc Cl B | COM | 35671D857 |  | 19596941 | 499667 | SH |  | SOLE |  | 220824 | 0 | 278843 |
| Generac Holdings Inc | COM | 368736104 |  | 938612 | 5607 | SH |  | SOLE |  | 37 | 0 | 5570 |
| General Motors Co | COM | 37045V100 |  | 1036490 | 17000 | SH |  | SOLE |  | 361 | 0 | 16639 |
| Genius Sports Ltd Npv | COM | G3934V109 |  | 22960084 | 1854611 | SH |  | SOLE |  | 1241457 | 0 | 613154 |
| Geo Group Inc | COM | 36162J106 |  | 19575859 | 955386 | SH |  | SOLE |  | 673266 | 0 | 282120 |
| Gildan Activewear Inc | COM | 375916103 |  | 5826240 | 100800 | SH |  | SOLE |  | 100000 | 0 | 800 |
| Gilead Sciences Inc | COM | 375558103 |  | 958485 | 8635 | SH |  | SOLE |  | 176 | 0 | 8459 |
| Goldman Sachs Group Inc | COM | 38141G104 |  | 6327182 | 7945 | SH |  | SOLE |  | 2512 | 0 | 5433 |
| Green Brick Partners Inc | COM | 392709101 |  | 218626 | 2960 | SH |  | SOLE |  | 900 | 0 | 2060 |
| Greenbrier Cos Inc | COM | 393657101 |  | 1560315 | 33795 | SH |  | SOLE |  | 33595 | 0 | 200 |
| Group 1 Automotive Inc | COM | 398905109 |  | 8426171 | 19259 | SH |  | SOLE |  | 18345 | 0 | 914 |
| Gulfport Energy Operating Corp | COM | 402635502 |  | 4108246 | 22700 | SH |  | SOLE |  | 22700 | 0 | 0 |
| Halozyme Therapeutics Inc | COM | 40637H109 |  | 8815908 | 120206 | SH |  | SOLE |  | 110080 | 0 | 10126 |
| Hanover Insurance Group Inc | COM | 410867105 |  | 8330338 | 45864 | SH |  | SOLE |  | 43947 | 0 | 1917 |
| Healthcare Realty Trust Cl A | COM | 42226K105 |  | 238537 | 13230 | SH |  | SOLE |  | 0 | 0 | 13230 |
| Healthequity Inc | COM | 42226A107 |  | 1800630 | 19000 | SH |  | SOLE |  | 0 | 0 | 19000 |
| Hewlett Packard Enterprise Co | COM | 42824C109 |  | 14511256 | 590849 | SH |  | SOLE |  | 278517 | 0 | 312332 |
| Hillman Solutions Corp | COM | 431636109 |  | 3088381 | 336425 | SH |  | SOLE |  | 323500 | 0 | 12925 |
| Hilltop Holdings Inc | COM | 432748101 |  | 6365942 | 190483 | SH |  | SOLE |  | 174500 | 0 | 15983 |
| Home Depot Inc | COM | 437076102 |  | 10769870 | 26580 | SH |  | SOLE |  | 87 | 0 | 26493 |
| Horace Mann Educators Corp | COM | 440327104 |  | 4271132 | 94557 | SH |  | SOLE |  | 86700 | 0 | 7857 |
| Intl Business Machines | COM | 459200101 |  | 2818315 | 9988 | SH |  | SOLE |  | 1550 | 0 | 8438 |
| Johnson  Johnson | COM | 478160104 |  | 3005841 | 16211 | SH |  | SOLE |  | 1146 | 0 | 15065 |
| Jpmorgan Chase  Co | COM | 46625H100 |  | 10848248 | 34392 | SH |  | SOLE |  | 9742 | 0 | 24650 |
| Kirby Corp | COM | 497266106 |  | 15323089 | 183620 | SH |  | SOLE |  | 111037 | 0 | 72583 |
| Kkr  Co Inc | COM | 48251W104 |  | 417057 | 3209 | SH |  | SOLE |  | 0 | 0 | 3209 |
| Knife River Corp Common Stock | COM | 498894104 |  | 3074800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| Knowles Corp | COM | 49926D109 |  | 1877620 | 80550 | SH |  | SOLE |  | 75000 | 0 | 5550 |
| Kontoor Brands Inc Com | COM | 50050N103 |  | 3844914 | 48200 | SH |  | SOLE |  | 48200 | 0 | 0 |
| Kratos Defense  Sec Solutions | COM | 50077B207 |  | 4196441 | 45928 | SH |  | SOLE |  | 41831 | 0 | 4097 |
| Life360 Inc | COM | 532206109 |  | 4950816 | 46574 | SH |  | SOLE |  | 8038 | 0 | 38536 |
| Lovesac Company | COM | 54738L109 |  | 1843677 | 108900 | SH |  | SOLE |  | 107950 | 0 | 950 |
| Lowes Cos Inc | COM | 548661107 |  | 782845 | 3115 | SH |  | SOLE |  | 300 | 0 | 2815 |
| Maplebear Inc | COM | 565394103 |  | 257320 | 7000 | SH |  | SOLE |  | 5000 | 0 | 2000 |
| Mastec Inc | COM | 576323109 |  | 6118075 | 28749 | SH |  | SOLE |  | 129 | 0 | 28620 |
| Mastercard Incorporated Cl A | COM | 57636Q104 |  | 642936 | 1130 | SH |  | SOLE |  | 0 | 0 | 1130 |
| Matador Resources Co | COM | 576485205 |  | 24345684 | 541858 | SH |  | SOLE |  | 432656 | 0 | 109202 |
| Maxlinear Inc | COM | 57776J100 |  | 7785389 | 484166 | SH |  | SOLE |  | 449923 | 0 | 34243 |
| Mcdonalds Corp | COM | 580135101 |  | 924611 | 3043 | SH |  | SOLE |  | 20 | 0 | 3023 |
| Medtronic Plc | COM | G5960L103 |  | 552484 | 5801 | SH |  | SOLE |  | 1160 | 0 | 4641 |
| Merck  Co Inc | COM | 58933Y105 |  | 583519 | 6952 | SH |  | SOLE |  | 0 | 0 | 6952 |
| Meta Platforms Inc Cl A | COM | 30303M102 |  | 8688586 | 11831 | SH |  | SOLE |  | 3010 | 0 | 8821 |
| Metallus Inc | COM | 887399103 |  | 215055 | 13010 | SH |  | SOLE |  | 2250 | 0 | 10760 |
| Micron Technology Inc | COM | 595112103 |  | 17746487 | 106063 | SH |  | SOLE |  | 53852 | 0 | 52211 |
| Microsoft Corp | COM | 594918104 |  | 27603923 | 53295 | SH |  | SOLE |  | 6675 | 0 | 46620 |
| Millrose Properties Inc Cl A | COM | 601137102 |  | 2713052 | 80722 | SH |  | SOLE |  | 0 | 0 | 80722 |
| Morgan Stanley | COM | 617446448 |  | 4347668 | 27351 | SH |  | SOLE |  | 13171 | 0 | 14180 |
| Myers Industries Inc | COM | 628464109 |  | 648802 | 38300 | SH |  | SOLE |  | 38300 | 0 | 0 |
| Navigator Holdings Ltd | COM | Y62132108 |  | 6536348 | 421972 | SH |  | SOLE |  | 391335 | 0 | 30637 |
| Ncr Atleos Corporation | COM | 63001N106 |  | 3211627 | 81700 | SH |  | SOLE |  | 81700 | 0 | 0 |
| Nebius Group Nv  Class A | COM | N97284108 |  | 561350 | 5000 | SH |  | SOLE |  | 3500 | 0 | 1500 |
| Nvidia Corporation | COM | 67066G104 |  | 39046347 | 209274 | SH |  | SOLE |  | 63941 | 0 | 145333 |
| On Holding Ag Namen Akt A | COM | H5919C104 |  | 14330647 | 338386 | SH |  | SOLE |  | 255800 | 0 | 82586 |
| Oneok Inc | COM | 682680103 |  | 10988659 | 150591 | SH |  | SOLE |  | 24179 | 0 | 126412 |
| Oreilly Automotive Inc | COM | 67103H107 |  | 440943 | 4090 | SH |  | SOLE |  | 0 | 0 | 4090 |
| Owens Corning New | COM | 690742101 |  | 4239274 | 29968 | SH |  | SOLE |  | 26034 | 0 | 3934 |
| P10 Inc Cl A | COM | 69376K106 |  | 3999488 | 367600 | SH |  | SOLE |  | 367600 | 0 | 0 |
| Palantir Technologies Inc Cl A | COM | 69608A108 |  | 22680826 | 124333 | SH |  | SOLE |  | 71353 | 0 | 52980 |
| Par Technology Corp | COM | 698884103 |  | 520358 | 13147 | SH |  | SOLE |  | 1797 | 0 | 11350 |
| Pepsico Inc | COM | 713448108 |  | 1075003 | 7655 | SH |  | SOLE |  | 0 | 0 | 7655 |
| Permian Resources Corp Class A | COM | 71424F105 |  | 6476117 | 505947 | SH |  | SOLE |  | 343483 | 0 | 162464 |
| Philip Morris Intl Inc | COM | 718172109 |  | 286701 | 1768 | SH |  | SOLE |  | 0 | 0 | 1768 |
| Plexus Corp | COM | 729132100 |  | 1758707 | 12155 | SH |  | SOLE |  | 12000 | 0 | 155 |
| Powell Industries Inc | COM | 739128106 |  | 17203476 | 56440 | SH |  | SOLE |  | 43600 | 0 | 12840 |
| Powerfleet Inc | COM | 73931J109 |  | 903979 | 172515 | SH |  | SOLE |  | 40865 | 0 | 131650 |
| Primoris Services Corp | COM | 74164F103 |  | 5369603 | 39100 | SH |  | SOLE |  | 39100 | 0 | 0 |
| Procter And Gamble Co | COM | 742718109 |  | 805030 | 5239 | SH |  | SOLE |  | 901 | 0 | 4338 |
| Prosperity Bancshares Inc | COM | 743606105 |  | 5628269 | 84827 | SH |  | SOLE |  | 73173 | 0 | 11654 |
| QSAM Biosciences Inc. CVR | COM | 747CVR025 |  | 0 | 27222 | SH |  | SOLE |  | 0 | 0 | 27222 |
| RA GLOBAL SERVICES INC | COM | 003077699 |  | 0 | 25000 | SH |  | SOLE |  | 0 | 0 | 25000 |
| Research Solutions Inc | COM | 761025105 |  | 691915 | 185500 | SH |  | SOLE |  | 182200 | 0 | 3300 |
| Rh | COM | 74967X103 |  | 13176754 | 64859 | SH |  | SOLE |  | 37165 | 0 | 27694 |
| Robinhood Mkts Inc Cl A | COM | 770700102 |  | 427392 | 2985 | SH |  | SOLE |  | 0 | 0 | 2985 |
| Rtx Corporation | COM | 75513E101 |  | 4010950 | 23970 | SH |  | SOLE |  | 12069 | 0 | 11901 |
| Rxo Inc Common Stock | COM | 74982T103 |  | 2522320 | 164000 | SH |  | SOLE |  | 164000 | 0 | 0 |
| Ryman Hospitality Properties I | COM | 78377T107 |  | 3506604 | 39141 | SH |  | SOLE |  | 19853 | 0 | 19288 |
| Sailpoint Inc | COM | 78781J109 |  | 5283744 | 239300 | SH |  | SOLE |  | 220000 | 0 | 19300 |
| Sanwire Corp | COM | 80303U109 |  | 366 | 1221000 | SH |  | SOLE |  | 0 | 0 | 1221000 |
| Sempra | COM | 816851109 |  | 269940 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| Semtech Corp | COM | 816850101 |  | 4624315 | 64721 | SH |  | SOLE |  | 38764 | 0 | 25957 |
| Sharkninja Inc | COM | G8068L108 |  | 26637353 | 258239 | SH |  | SOLE |  | 145518 | 0 | 112721 |
| Shift4 Pmts Inc Cl A | COM | 82452J109 |  | 370359 | 4785 | SH |  | SOLE |  | 1885 | 0 | 2900 |
| Shoe Carnival Inc | COM | 824889109 |  | 9237043 | 444302 | SH |  | SOLE |  | 396530 | 0 | 47772 |
| Silicon Laboratories Inc | COM | 826919102 |  | 327825 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| Sintana Energy Inc | COM | 82938H107 |  | 11532 | 27500 | SH |  | SOLE |  | 0 | 0 | 27500 |
| Sm Energy Co | COM | 78454L100 |  | 1863087 | 74613 | SH |  | SOLE |  | 70000 | 0 | 4613 |
| Snowline Gold Corp | COM | 83342V104 |  | 79900 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| Southern Co | COM | 842587107 |  | 402772 | 4250 | SH |  | SOLE |  | 0 | 0 | 4250 |
| Southwestern Med Solutions Inc | COM | 845633304 |  | 0 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| Spdr Gold Shares | COM | 78463V107 |  | 1473423 | 4145 | SH |  | SOLE |  | 1100 | 0 | 3045 |
| Spotify Technology Sa | COM | L8681T102 |  | 13129380 | 18810 | SH |  | SOLE |  | 10743 | 0 | 8067 |
| Stitch Fix Inc Cl A | COM | 860897107 |  | 7558369 | 1737556 | SH |  | SOLE |  | 1342904 | 0 | 394652 |
| Stratus Properties Inc New | COM | 863167201 |  | 3092957 | 146170 | SH |  | SOLE |  | 145295 | 0 | 875 |
| Sunopta Inc | COM | 8676EP108 |  | 4280730 | 730500 | SH |  | SOLE |  | 713000 | 0 | 17500 |
| Symbotic Inc Class A | COM | 87151X101 |  | 229075 | 4250 | SH |  | SOLE |  | 0 | 0 | 4250 |
| Take-Two Interactive Software | COM | 874054109 |  | 2636564 | 10205 | SH |  | SOLE |  | 1120 | 0 | 9085 |
| Taylor Morrison Home Corp | COM | 87724P106 |  | 14923541 | 226080 | SH |  | SOLE |  | 184369 | 0 | 41711 |
| Terawulf Inc | COM | 88080T104 |  | 43232842 | 3785713 | SH |  | SOLE |  | 2264759 | 0 | 1520954 |
| Tesla Inc | COM | 88160R101 |  | 17756780 | 39928 | SH |  | SOLE |  | 23282 | 0 | 16646 |
| Texas Cap Bancshares Inc | COM | 88224Q107 |  | 10757203 | 127259 | SH |  | SOLE |  | 122012 | 0 | 5247 |
| Texas Instruments Inc | COM | 882508104 |  | 600329 | 3267 | SH |  | SOLE |  | 0 | 0 | 3267 |
| Texas Pacific Land Corporation | COM | 88262P102 |  | 33583451 | 35970 | SH |  | SOLE |  | 15105 | 0 | 20865 |
| Texas Roadhouse Inc | COM | 882681109 |  | 3102685 | 18674 | SH |  | SOLE |  | 17532 | 0 | 1142 |
| Tiptree Inc | COM | 88822Q103 |  | 1740847 | 90811 | SH |  | SOLE |  | 88046 | 0 | 2765 |
| Tower Semiconductor Ltd New | COM | M87915274 |  | 9126574 | 126232 | SH |  | SOLE |  | 112881 | 0 | 13351 |
| Triumph Financial Inc | COM | 89679E300 |  | 3687948 | 73700 | SH |  | SOLE |  | 71000 | 0 | 2700 |
| Truist Financial Corp | COM | 89832Q109 |  | 878412 | 19213 | SH |  | SOLE |  | 0 | 0 | 19213 |
| Tutor Perini Corp | COM | 901109108 |  | 3812419 | 58125 | SH |  | SOLE |  | 50000 | 0 | 8125 |
| Uber Technologies Inc | COM | 90353T100 |  | 35464552 | 361994 | SH |  | SOLE |  | 177545 | 0 | 184449 |
| Union Pacific Corp | COM | 907818108 |  | 618945 | 2619 | SH |  | SOLE |  | 826 | 0 | 1793 |
| United Parcel Service Inc Cl B | COM | 911312106 |  | 633725 | 7587 | SH |  | SOLE |  | 0 | 0 | 7587 |
| United Rentals Inc | COM | 911363109 |  | 1010030 | 1058 | SH |  | SOLE |  | 8 | 0 | 1050 |
| Unitedhealth Group Inc | COM | 91324P102 |  | 5891424 | 17062 | SH |  | SOLE |  | 5400 | 0 | 11662 |
| Vail Resorts Inc | COM | 91879Q109 |  | 477128 | 3190 | SH |  | SOLE |  | 0 | 0 | 3190 |
| Varonis Systems Inc | COM | 922280102 |  | 7267081 | 126450 | SH |  | SOLE |  | 78163 | 0 | 48287 |
| Verizon Communications Inc | COM | 92343V104 |  | 1197142 | 27239 | SH |  | SOLE |  | 0 | 0 | 27239 |
| Vertiv Holdings Co Cl A | COM | 92537N108 |  | 1839343 | 12192 | SH |  | SOLE |  | 2000 | 0 | 10192 |
| Visa Inc Cl A | COM | 92826C839 |  | 3538434 | 10365 | SH |  | SOLE |  | 5019 | 0 | 5346 |
| Vistra Corp | COM | 92840M102 |  | 6796947 | 34692 | SH |  | SOLE |  | 11734 | 0 | 22958 |
| Vox Royalty Corp | COM | 92919F103 |  | 1962004 | 456280 | SH |  | SOLE |  | 452500 | 0 | 3780 |
| Wal-Mart Inc | COM | 931142103 |  | 11440995 | 111013 | SH |  | SOLE |  | 33879 | 0 | 77134 |
| Wells Fargo Co | COM | 949746101 |  | 7156983 | 85385 | SH |  | SOLE |  | 26263 | 0 | 59122 |
| Wynn Resorts Ltd | COM | 983134107 |  | 3416728 | 26637 | SH |  | SOLE |  | 25067 | 0 | 1570 |
| Xcel Energy Inc Com | COM | 98389B100 |  | 898201 | 11137 | SH |  | SOLE |  | 2200 | 0 | 8937 |
| Zeta Global Holdings Corp Cl A | COM | 98956A105 |  | 198700 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| Alphabet Inc Call Option 03/26 | CALL | 02079K905 |  | 1559400 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| Boeing Co Call Option 01/26 17 | CALL | 097023905 |  | 2986750 | 650 | SH |  | SOLE |  | 650 | 0 | 0 |
| Microsoft Corp Call Option 01/ | CALL | 594918904 |  | 2000000 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| Nvidia Corporation Call Option | CALL | 67066G904 |  | 446650 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| Take-Two Interactive Sof Call | CALL | 874054909 |  | 3100000 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| Unitedhealth Group Inc Call Op | CALL | 91324P902 |  | 3220425 | 325 | SH |  | SOLE |  | 325 | 0 | 0 |
| Taiwan Semiconductor Mfg Ltd S | ADR | 874039100 |  | 15176654 | 54340 | SH |  | SOLE |  | 33589 | 0 | 20751 |

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