SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Concorde Financial Corp

CIK 0001911822 · 8383 PRESTON CENTER PLAZA DRIVE, SUITE 360, DALLAS, TX, 75225 · 972-701-5400

Reported Value
$153M
Q2 2023
Positions
35
Filings on Record
18
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Concorde Financial Corp reported $153M in U.S.-listed holdings across 35 positions for Q2 2023.

Its largest position, Sprott Physical Gold Tr, represents 8.4% of the portfolio.

Compared with Q1 2023, the fund opened 2 new positions and exited 0.

Portfolio Metrics

Turnover
+3.3%
vs prior filed quarter
Top-10 Concentration
+47.6%
share of reported value
Largest Position
+8.4%
Sprott Physical Gold Tr

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’21: $159MQ4 ’21Q1 ’22: $163MQ2 ’22: $90MQ3 ’22: $148MQ3 ’22Q4 ’22: $148MQ1 ’23: $137MQ2 ’23: $153MQ2 ’23Q3 ’23: $59MQ4 ’23: $146MQ1 ’24: $110MQ1 ’24Q2 ’24: $152MQ3 ’24: $170MQ4 ’24: $168MQ4 ’24Q1 ’25: $181MQ2 ’25: $169MQ3 ’25: $180MQ3 ’25Q4 ’25: $129MQ1 ’26: $127Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 65.1%MLP: 8.7%Closed-End Fund: 8.4%ETP: 8.1%REIT: 5.4%Other: 4.3%
  • Common Stock · 65.1% · $100M
  • MLP · 8.7% · $13M
  • Closed-End Fund · 8.4% · $13M
  • ETP · 8.1% · $12M
  • REIT · 5.4% · $8M
  • Other · 4.3% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CPCANADIAN PACIFIC KANSAS CITYNEW+44.6K44.6K+$4M$4M
SPDR SER TRNEW+2.6K2.6K+$200,975$200,975
HHC*HOWARD HUGHES CORPADDED+36.1K41.4K+$3M$3M
LUMNLUMEN TECHNOLOGIES INCADDED+244.2K649.6K+$393,794$1M
ETENERGY TRANSFER L PADDED+161.4K430.5K+$2M$5M
NOCNORTHROP GRUMMAN CORPADDED+2.2K7.0K+$993,313$3M
MPTMEDICAL PPTYS TRUST INCADDED+87.0K383.6K+$1M$4M
MLMMARTIN MARIETTA MATLS INCADDED+1.8K8.9K+$2M$4M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2023

34 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPROTT PHYSICAL GOLD TRUNIT8.39%$13M859.7K
2TPLTEXAS PACIFIC LAND CORPORATIhistory →COM6.41%$10M7.4K
3J P MORGAN EXCHANGE TRADED FULTRA SHRT INC5.63%$9M171.5K
4JPMJPMORGAN CHASE & COhistory →COM4.40%$7M46.2K
5EXMOCEXXON MOBIL CORPhistory →COM4.11%$6M58.6K
6BSMBLACK STONE MINERALS L Phistory →COM UNIT3.87%$6M370.9K
7PXDEURPIONEER NAT RES COhistory →COM3.82%$6M28.2K
8MSFTMICROSOFT CORPhistory →COM3.80%$6M17.1K
9ABBVABBVIE INChistory →COM3.59%$5M40.7K
10ETENERGY TRANSFER L Phistory →COM UT LTD PTN3.58%$5M430.5K
11FNVFRANCO NEV CORPhistory →COM3.20%$5M34.3K
12TJXTJX COS INC NEWhistory →COM3.01%$5M54.3K
13FIRST INDL RLTY TR INCCOM2.99%$5M86.2K
14HUBBHUBBELL INChistory →COM2.80%$4M12.9K
15JNJJOHNSON & JOHNSONhistory →COM2.78%$4M25.6K
16MLMMARTIN MARIETTA MATLS INChistory →COM2.70%$4M8.9K
17LPXLOUISIANA PAC CORPhistory →COM2.65%$4M53.9K
18LOWLOWES COS INChistory →COM2.62%$4M17.7K
19AMZNAMAZON COM INChistory →COM2.46%$4M28.9K
20MPTMEDICAL PPTYS TRUST INChistory →COM2.40%$4M383.6K
21CPCANADIAN PACIFIC KANSAS CITYhistory →COM2.36%$4M44.6K
22TXNTEXAS INSTRS INChistory →COM2.18%$3M18.5K
23CHUBB LIMITEDCOM2.16%$3M17.0K
24HHC*HOWARD HUGHES CORPhistory →COM2.14%$3M41.4K
25BUNGE LIMITEDCOM2.13%$3M34.5K
26NOCNORTHROP GRUMMAN CORPhistory →COM2.09%$3M7.0K
27WBDWARNER BROS DISCOVERY INChistory →COM SER A2.06%$3M251.3K
28PIMCO ETF TRENHAN SHRT MA AC2.01%$3M30.8K
29HSYHERSHEY COhistory →COM1.77%$3M10.8K
30MRNAMODERNA INChistory →COM1.69%$3M21.3K
31DWDPEURDUPONT DE NEMOURS INChistory →COM1.55%$2M33.1K
32DMLPDORCHESTER MINERALS LPhistory →COM UNIT1.28%$2M65.4K
33LUMNLUMEN TECHNOLOGIES INCCOM0.96%$1M649.6K
34SPDR SER TRS&P OILGAS EXP · OILGAS EQUIP0.42%$646,9846.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$127M26May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$129M27Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$180M36Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$169M55Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$181M34May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$168M36Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$170M39Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$152M40Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$110M37May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$146M36Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$59M29Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$153M35Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$137M33May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$148M58Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$148M58Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$90M37Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$163M60May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$159M134Feb 17, 202213F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.