# EDGAR Filing Document

**Accession Number:** 0001599390
**File Stem:** 0001599390-25-000005
**Filing Date:** 2025-10
**Character Count:** 9268
**Document Hash:** 495d84b827bbc1eee1b6f68152c14f60
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001599390-25-000005.hdr.sgml**: 20251014

**ACCESSION NUMBER**: 0001599390-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251014

**DATE AS OF CHANGE**: 20251014

**EFFECTIVENESS DATE**: 20251014

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HWG Holdings LP
- **CENTRAL INDEX KEY:** 0001599390

**ORGANIZATION NAME:**
- **EIN:** 272794431
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15889
- **FILM NUMBER:** 251392592

**BUSINESS ADDRESS:**
- **STREET 1:** 1111 NORTH LOOP WEST
- **STREET 2:** SUITE 1110
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77008
- **BUSINESS PHONE:** 713-980-8820

**MAIL ADDRESS:**
- **STREET 1:** 1111 NORTH LOOP WEST
- **STREET 2:** SUITE 1110
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77008

### 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:** HWG Holdings LP<br>**Address:** 1111 NORTH LOOP WEST<br>SUITE 1110<br>HOUSTON, TX 77008

**Form 13F File Number:** 028-15889

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:** Paula McGee<br>**Title:** Chief Compliance Officer<br>**Phone:** 7139808820

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

Paula McGee  Houston, TX  10-14-2025<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:** 57

**Form 13F Information Table Value Total:** $394594818

      (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 |
| BERKSHIRE HATHAWAY INC DEL CL | COM | 084670702 |  | 762657 | 1517 | SH |  | SOLE |  | 1517 | 0 | 0 |
| FIRST TRUST EUROZONE ALPHADEX | COM | 33737J505 |  | 976501 | 16614 | SH |  | SOLE |  | 16614 | 0 | 0 |
| PROSPERITY BANCSHARES IN | COM | 743606105 |  | 237334 | 3577 | SH |  | SOLE |  | 3577 | 0 | 0 |
| ALPHABET INC. CLASS A | COM | 02079K305 |  | 21559567 | 88686 | SH |  | SOLE |  | 88686 | 0 | 0 |
| AMAZON.COM INC | COM | 023135106 |  | 15605938 | 71075 | SH |  | SOLE |  | 71075 | 0 | 0 |
| AMERICAN SUPERCONDUCTOR CORP | COM | 030111207 |  | 2106445 | 35468 | SH |  | SOLE |  | 35468 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 7297696 | 28660 | SH |  | SOLE |  | 28660 | 0 | 0 |
| ARISTA NETWORKS INC | COM | 040413205 |  | 3427973 | 23526 | SH |  | SOLE |  | 23526 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 232169 | 43 | SH |  | SOLE |  | 43 | 0 | 0 |
| BOSTON SCIENTIFIC CO | COM | 101137107 |  | 5718677 | 58575 | SH |  | SOLE |  | 58575 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 15707675 | 47612 | SH |  | SOLE |  | 47612 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 6293403 | 67101 | SH |  | SOLE |  | 67101 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 1337474 | 6516 | SH |  | SOLE |  | 6516 | 0 | 0 |
| CONSTELLATION SOFTWARE INC | COM | 21037X100 |  | 754510 | 278 | SH |  | SOLE |  | 278 | 0 | 0 |
| CONSTRUCTION PARTNERS IN CLASS | COM | 21044C107 |  | 2924556 | 23028 | SH |  | SOLE |  | 23028 | 0 | 0 |
| COREWEAVE INC CL A | COM | 21873S108 |  | 1863486 | 13617 | SH |  | SOLE |  | 13617 | 0 | 0 |
| COSTCO WHOLESALE CO | COM | 22160K105 |  | 11398208 | 12314 | SH |  | SOLE |  | 12314 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 16938099 | 31197 | SH |  | SOLE |  | 31197 | 0 | 0 |
| DIMENSIONAL US EQUITY ETF | COM | 25434V401 |  | 276648 | 3819 | SH |  | SOLE |  | 3819 | 0 | 0 |
| DIMENSIONAL US MARKETWIDE VALU | COM | 25434V724 |  | 254550 | 5696 | SH |  | SOLE |  | 5696 | 0 | 0 |
| DOOR DASH | COM | 25809K105 |  | 12254509 | 45055 | SH |  | SOLE |  | 45055 | 0 | 0 |
| ELBIT SYSTEMS LTD | COM | M3760D101 |  | 9862081 | 19345 | SH |  | SOLE |  | 19345 | 0 | 0 |
| ENERGY TRANSFER LP COM UT LTD | COM | 29273V100 |  | 536010 | 31236 | SH |  | SOLE |  | 31236 | 0 | 0 |
| ENTERPRISE PRODS PART LP | COM | 293792107 |  | 1195233 | 38223 | SH |  | SOLE |  | 38223 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 278380 | 2469 | SH |  | SOLE |  | 2469 | 0 | 0 |
| FIDELITY NASDAQ COMPOSITE IND | COM | 315912808 |  | 3035411 | 34056 | SH |  | SOLE |  | 34056 | 0 | 0 |
| INVSC QQQ TRUST SRS 1 ETF | COM | 46090E103 |  | 38846340 | 64704 | SH |  | SOLE |  | 64704 | 0 | 0 |
| ISHARES CORE S 500 ETF | COM | 464287200 |  | 44225336 | 66077 | SH |  | SOLE |  | 66077 | 0 | 0 |
| ISHARES MSCI  EMU ETF | COM | 464286608 |  | 390594 | 6306 | SH |  | SOLE |  | 6306 | 0 | 0 |
| ISHARES MSCI EMERGING MARKETS | COM | 464287234 |  | 2949015 | 55225 | SH |  | SOLE |  | 55225 | 0 | 0 |
| ISHARES SELECT DIVIDEND ETF | COM | 464287168 |  | 319725 | 2250 | SH |  | SOLE |  | 2250 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 16475224 | 52231 | SH |  | SOLE |  | 52231 | 0 | 0 |
| MATERION CORP | COM | 576690101 |  | 2699137 | 22342 | SH |  | SOLE |  | 22342 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 301465 | 129 | SH |  | SOLE |  | 129 | 0 | 0 |
| META PLATFORMS INC CLASS A | COM | 30303M102 |  | 21315380 | 29025 | SH |  | SOLE |  | 29025 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 25744460 | 49705 | SH |  | SOLE |  | 49705 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 2071735 | 4348 | SH |  | SOLE |  | 4348 | 0 | 0 |
| MP MATERIALS CORP CL A | COM | 553368101 |  | 2196274 | 32746 | SH |  | SOLE |  | 32746 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 7985162 | 78975 | SH |  | SOLE |  | 78975 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 6645614 | 5543 | SH |  | SOLE |  | 5543 | 0 | 0 |
| NVIDIA CORP | COM | 67066G104 |  | 25837225 | 138478 | SH |  | SOLE |  | 138478 | 0 | 0 |
| ROYAL CARIBBEAN GROUP F | COM | V7780T103 |  | 301577 | 932 | SH |  | SOLE |  | 932 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 726658 | 1493 | SH |  | SOLE |  | 1493 | 0 | 0 |
| SELECT STOXX EUROPE AERSSPC | COM | 84858T772 |  | 1475375 | 31411 | SH |  | SOLE |  | 31411 | 0 | 0 |
| SHOPIFY INC F CLASS      A | COM | 82509L107 |  | 2993451 | 20143 | SH |  | SOLE |  | 20143 | 0 | 0 |
| SPDR PORTFOLIO S 500 ETF | COM | 78464A854 |  | 3505010 | 44741 | SH |  | SOLE |  | 44741 | 0 | 0 |
| SPDR S ETF TRUSTTRUST UNI | COM | 78462F103 |  | 480316 | 721 | SH |  | SOLE |  | 721 | 0 | 0 |
| SPOTIFY TECHNOLOGY SA | COM | L8681T102 |  | 2260124 | 3238 | SH |  | SOLE |  | 3238 | 0 | 0 |
| TOPBUILD CORP | COM | 89055F103 |  | 2823573 | 7224 | SH |  | SOLE |  | 7224 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 7034932 | 71807 | SH |  | SOLE |  | 71807 | 0 | 0 |
| VANGUARD TOTAL STOCK MARKET ET | COM | 922908769 |  | 1666688 | 5079 | SH |  | SOLE |  | 5079 | 0 | 0 |
| CALL (AMD) ADVANCED MICRO DEVI | CALL | CALLAMD26 |  | 3360476 | 1172 | SH |  | SOLE |  | 1172 | 0 | 0 |
| CALL (ANET) ANET $100 EXP 06/1 | CALL | CALLANET2 |  | 7675783 | 1419 | SH |  | SOLE |  | 1419 | 0 | 0 |
| CALL (AVGO) BROADCOM INC $300 | CALL | CALLAVGO2 |  | 5386538 | 1060 | SH |  | SOLE |  | 1060 | 0 | 0 |
| CALL (META) META PLATFORMS INC | CALL | CALLMETA2 |  | 2431648 | 176 | SH |  | SOLE |  | 176 | 0 | 0 |
| CALL (NVDA) NVIDIA $180 EXP 01 | CALL | CALLNVDA2 |  | 3123710 | 1481 | SH |  | SOLE |  | 1481 | 0 | 0 |
| TAIWAN SEMICONDUCTOR ADR | ADR | 874039100 |  | 8511083 | 30474 | SH |  | SOLE |  | 30474 | 0 | 0 |

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