# EDGAR Filing Document

**Accession Number:** 0001599852
**File Stem:** 0001315863-23-000337
**Filing Date:** 2023-2
**Character Count:** 19157
**Document Hash:** 5e89552784f5b41a3a24c9d1c459396b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001315863-23-000337.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001315863-23-000337

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P.
- **CENTRAL INDEX KEY:** 0001599852
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16001
- **FILM NUMBER:** 23629162

**BUSINESS ADDRESS:**
- **STREET 1:** 301 COMMERCE STREET
- **STREET 2:** SUITE 1430
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** 817.877.1430

**MAIL ADDRESS:**
- **STREET 1:** 301 COMMERCE STREET
- **STREET 2:** SUITE 1430
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102

### 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:** Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P.<br>**Address:** 301 COMMERCE STREET<br>SUITE 1430<br>FORT WORTH, TX 76102

**Form 13F File Number:** 028-16001

**CRD Number (if applicable):** 000117863

**SEC File Number (if applicable):** 801-78012

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:** Robert M. Holt Jr.<br>**Title:** Chief Compliance Officer<br>**Phone:** 817.877.1430

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

/s/ Robert M. Holt Jr.  Fort Worth, TX  02-14-2023<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:** 156

**Form 13F Information Table Value Total:** $495280614

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 1842881 | 16786 | SH |  | SOLE |  | 16786 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 282818 | 1750 | SH |  | SOLE |  | 1750 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 810126 | 3036 | SH |  | SOLE |  | 3036 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 429076 | 1275 | SH |  | SOLE |  | 1275 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 318415 | 4645 | SH |  | SOLE |  | 4645 | 0 | 0 |
| ALEXANDER  BALDWIN INC NEW | COM | 014491104 |  | 867761 | 46330 | SH |  | SOLE |  | 46330 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2530436 | 28680 | SH |  | SOLE |  | 28680 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 2625787 | 29593 | SH |  | SOLE |  | 29593 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 962640 | 11460 | SH |  | SOLE |  | 11460 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 13020285 | 100210 | SH |  | SOLE |  | 100210 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 262450 | 1450 | SH |  | SOLE |  | 1450 | 0 | 0 |
| AZZ INC | COM | 002474104 |  | 357780 | 8900 | SH |  | SOLE |  | 8900 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 12818500 | 387032 | SH |  | SOLE |  | 387032 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4595814 | 14878 | SH |  | SOLE |  | 14878 | 0 | 0 |
| BLACK KNIGHT INC | COM | 09215C105 |  | 611943 | 9910 | SH |  | SOLE |  | 9910 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 1364821 | 1926 | SH |  | SOLE |  | 1926 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 216332 | 3007 | SH |  | SOLE |  | 3007 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 226092 | 7886 | SH |  | SOLE |  | 7886 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 993224 | 31571 | SH |  | SOLE |  | 31571 | 0 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 228829 | 3484 | SH |  | SOLE |  | 3484 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1383150 | 7706 | SH |  | SOLE |  | 7706 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 276412 | 1253 | SH |  | SOLE |  | 1253 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 756047 | 15870 | SH |  | SOLE |  | 15870 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 287644 | 4522 | SH |  | SOLE |  | 4522 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 595681 | 18650 | SH |  | SOLE |  | 18650 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 517215 | 1133 | SH |  | SOLE |  | 1133 | 0 | 0 |
| CRESCENT ENERGY COMPANY | CL A COM | 44952J104 |  | 658551 | 54925 | SH |  | SOLE |  | 54925 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 1374538 | 34150 | SH |  | SOLE |  | 34150 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 346016 | 2588 | SH |  | SOLE |  | 2588 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 208559 | 2238 | SH |  | SOLE |  | 2238 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 390172 | 910 | SH |  | SOLE |  | 910 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 382074 | 11412 | SH |  | SOLE |  | 11412 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 806855 | 9287 | SH |  | SOLE |  | 9287 | 0 | 0 |
| DORCHESTER MINERALS LP | COM UNIT | 25820R105 |  | 1210232 | 40435 | SH |  | SOLE |  | 40435 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 2007078 | 20894 | SH |  | SOLE |  | 20894 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 344420 | 29016 | SH |  | SOLE |  | 29016 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 666380 | 5145 | SH |  | SOLE |  | 5145 | 0 | 0 |
| EQUITY COMWLTH | COM SH BEN INT | 294628102 |  | 351952 | 14095 | SH |  | SOLE |  | 14095 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 992921 | 9002 | SH |  | SOLE |  | 9002 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 378655 | 8002 | SH |  | SOLE |  | 8002 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 31620R303 |  | 1109940 | 29504 | SH |  | SOLE |  | 29504 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 1076301 | 4338 | SH |  | SOLE |  | 4338 | 0 | 0 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 |  | 1109342 | 25986 | SH |  | SOLE |  | 25986 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 1271968 | 4027 | SH |  | SOLE |  | 4027 | 0 | 0 |
| HOWARD HUGHES CORP | COM | 44267D107 |  | 1617429 | 21165 | SH |  | SOLE |  | 21165 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 332489 | 12580 | SH |  | SOLE |  | 12580 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S HDL VOL | 46138E362 |  | 657450 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | FTSE RAFI 1000 | 46137V613 |  | 35237668 | 227120 | SH |  | SOLE |  | 227120 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S 500 TOP 50 | 46137V233 |  | 449847 | 1630 | SH |  | SOLE |  | 1630 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 48711899 | 344863 | SH |  | SOLE |  | 344863 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S PUR VAL | 46137V258 |  | 2104056 | 26982 | SH |  | SOLE |  | 26982 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 |  | 827640 | 18810 | SH |  | SOLE |  | 18810 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 14287520 | 53656 | SH |  | SOLE |  | 53656 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 1227906 | 5993 | SH |  | SOLE |  | 5993 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 9664650 | 193293 | SH |  | SOLE |  | 193293 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 17131427 | 164346 | SH |  | SOLE |  | 164346 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 11258658 | 118963 | SH |  | SOLE |  | 118963 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 4628014 | 62855 | SH |  | SOLE |  | 62855 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 2196482 | 16730 | SH |  | SOLE |  | 16730 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 6235720 | 125165 | SH |  | SOLE |  | 125165 | 0 | 0 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 4375397 | 88374 | SH |  | SOLE |  | 88374 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 218253 | 3325 | SH |  | SOLE |  | 3325 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 644300 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 12910528 | 113290 | SH |  | SOLE |  | 113290 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 323148 | 1535 | SH |  | SOLE |  | 1535 | 0 | 0 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 3097046 | 37046 | SH |  | SOLE |  | 37046 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 208016 | 3084 | SH |  | SOLE |  | 3084 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 1175850 | 20100 | SH |  | SOLE |  | 20100 | 0 | 0 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 255442 | 3740 | SH |  | SOLE |  | 3740 | 0 | 0 |
| ISHARES TR | S SML 600 GWT | 464287887 |  | 272336 | 2520 | SH |  | SOLE |  | 2520 | 0 | 0 |
| ISHARES TR | U.S. FIN SVC ETF | 464287770 |  | 6331044 | 40192 | SH |  | SOLE |  | 40192 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3434253 | 19441 | SH |  | SOLE |  | 19441 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 1600640 | 25010 | SH |  | SOLE |  | 25010 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 333507 | 2487 | SH |  | SOLE |  | 2487 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 1439212 | 8413 | SH |  | SOLE |  | 8413 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 1045422 | 5021 | SH |  | SOLE |  | 5021 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 252328 | 1017 | SH |  | SOLE |  | 1017 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 336573 | 920 | SH |  | SOLE |  | 920 | 0 | 0 |
| MADISON SQUARE GRDN ENTERTNM | CL A | 55826T102 |  | 361559 | 8040 | SH |  | SOLE |  | 8040 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 202782 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1051188 | 3023 | SH |  | SOLE |  | 3023 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 295154 | 1120 | SH |  | SOLE |  | 1120 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 332850 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 750397 | 3129 | SH |  | SOLE |  | 3129 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 904519 | 49052 | SH |  | SOLE |  | 49052 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 231884 | 425 | SH |  | SOLE |  | 425 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 409192 | 2800 | SH |  | SOLE |  | 2800 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 245031 | 3890 | SH |  | SOLE |  | 3890 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 662881 | 13072 | SH |  | SOLE |  | 13072 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 945244 | 6774 | SH |  | SOLE |  | 6774 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 270755 | 16040 | SH |  | SOLE |  | 16040 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 2241055 | 19393 | SH |  | SOLE |  | 19393 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 257462 | 1425 | SH |  | SOLE |  | 1425 | 0 | 0 |
| PERKINELMER INC | COM | 714046109 |  | 319001 | 2275 | SH |  | SOLE |  | 2275 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1971049 | 38467 | SH |  | SOLE |  | 38467 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1906754 | 18840 | SH |  | SOLE |  | 18840 | 0 | 0 |
| PIONEER NAT RES CO | COM | 723787107 |  | 3678449 | 16106 | SH |  | SOLE |  | 16106 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 874418 | 19878 | SH |  | SOLE |  | 19878 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 1047713 | 9294 | SH |  | SOLE |  | 9294 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 256380 | 2332 | SH |  | SOLE |  | 2332 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 1390361 | 55570 | SH |  | SOLE |  | 55570 | 0 | 0 |
| RXO INC | COMMON STOCK | 74982T103 |  | 361011 | 20989 | SH |  | SOLE |  | 20989 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 8476041 | 112206 | SH |  | SOLE |  | 112206 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 3948287 | 115447 | SH |  | SOLE |  | 115447 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 6738277 | 52170 | SH |  | SOLE |  | 52170 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 3059457 | 41039 | SH |  | SOLE |  | 41039 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 18774470 | 138200 | SH |  | SOLE |  | 138200 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 4760730 | 48475 | SH |  | SOLE |  | 48475 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 1058417 | 15013 | SH |  | SOLE |  | 15013 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 17794547 | 142997 | SH |  | SOLE |  | 142997 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 249197 | 1050 | SH |  | SOLE |  | 1050 | 0 | 0 |
| SIMMONS 1ST NATL CORP | CL A $1 PAR | 828730200 |  | 2104719 | 97531 | SH |  | SOLE |  | 97531 | 0 | 0 |
| SL GREEN RLTY CORP | COM | 78440X887 |  | 361916 | 10733 | SH |  | SOLE |  | 10733 | 0 | 0 |
| SPDR INDEX SHS FDS | EURO STOXX 50 | 78463X202 |  | 665640 | 17200 | SH |  | SOLE |  | 17200 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 19557592 | 44169 | SH |  | SOLE |  | 44169 | 0 | 0 |
| SPDR SER TR | BLOOMBERG HIGH Y | 78468R622 |  | 1870470 | 20783 | SH |  | SOLE |  | 20783 | 0 | 0 |
| SPDR SER TR | BLOOMBERG SHT TE | 78468R408 |  | 8215227 | 338912 | SH |  | SOLE |  | 338912 | 0 | 0 |
| SPDR SER TR | NUVEEN BLMBRG SH | 78468R739 |  | 3080056 | 65561 | SH |  | SOLE |  | 65561 | 0 | 0 |
| SPDR SER TR | PORTFOLIO SHORT | 78464A474 |  | 28215259 | 960356 | SH |  | SOLE |  | 960356 | 0 | 0 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 14099271 | 112695 | SH |  | SOLE |  | 112695 | 0 | 0 |
| SPDR SER TR | S OILGAS EXP | 78468R556 |  | 584692 | 4303 | SH |  | SOLE |  | 4303 | 0 | 0 |
| SPDR SER TR | SPDR S 500 ETF | 78468R796 |  | 501756 | 5375 | SH |  | SOLE |  | 5375 | 0 | 0 |
| ST JOE CO | COM | 790148100 |  | 919484 | 23790 | SH |  | SOLE |  | 23790 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 436480 | 4400 | SH |  | SOLE |  | 4400 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 2079632 | 8506 | SH |  | SOLE |  | 8506 | 0 | 0 |
| SVB FINANCIAL GROUP | COM | 78486Q101 |  | 541980 | 2355 | SH |  | SOLE |  | 2355 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 2205643 | 14799 | SH |  | SOLE |  | 14799 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 282857 | 1712 | SH |  | SOLE |  | 1712 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 11228862 | 4790 | SH |  | SOLE |  | 4790 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 1569467 | 2850 | SH |  | SOLE |  | 2850 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 257181 | 1242 | SH |  | SOLE |  | 1242 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 501528 | 2885 | SH |  | SOLE |  | 2885 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 617660 | 1165 | SH |  | SOLE |  | 1165 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 239855 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 592830 | 7875 | SH |  | SOLE |  | 7875 | 0 | 0 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 2471860 | 18605 | SH |  | SOLE |  | 18605 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 458856 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 2302354 | 59065 | SH |  | SOLE |  | 59065 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 4162375 | 99175 | SH |  | SOLE |  | 99175 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 21365848 | 197448 | SH |  | SOLE |  | 197448 | 0 | 0 |
| VANGUARD WORLD FD | MEGA CAP VAL ETF | 921910840 |  | 4861411 | 47267 | SH |  | SOLE |  | 47267 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 548212 | 13914 | SH |  | SOLE |  | 13914 | 0 | 0 |
| VICTORY CAP HLDGS INC | COM CL A | 92645B103 |  | 422036 | 15730 | SH |  | SOLE |  | 15730 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 810680 | 3902 | SH |  | SOLE |  | 3902 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 525356 | 14062 | SH |  | SOLE |  | 14062 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1541541 | 10872 | SH |  | SOLE |  | 10872 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 259676 | 758 | SH |  | SOLE |  | 758 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1501516 | 36365 | SH |  | SOLE |  | 36365 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 956815 | 30865 | SH |  | SOLE |  | 30865 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 875864 | 26622 | SH |  | SOLE |  | 26622 | 0 | 0 |
| WISDOMTREE TR | US AI ENHANCED | 97717W406 |  | 2568239 | 27975 | SH |  | SOLE |  | 27975 | 0 | 0 |
| WISDOMTREE TR | US MIDCAP DIVID | 97717W505 |  | 2026556 | 49260 | SH |  | SOLE |  | 49260 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 700388 | 21039 | SH |  | SOLE |  | 21039 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 474615 | 1851 | SH |  | SOLE |  | 1851 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 639030 | 5012 | SH |  | SOLE |  | 5012 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 560554 | 3825 | SH |  | SOLE |  | 3825 | 0 | 0 |

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