SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Concorde Financial Corp

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

Reported Value
$146M
Q4 2023
Positions
36
Filings on Record
18
2019–present window
Filed
Feb 14, 2024
original filing

Summary

Concorde Financial Corp reported $146M in U.S.-listed holdings across 36 positions for Q4 2023.

Its largest position, Sprott Physical Gold Tr, represents 9.4% of the portfolio.

Compared with Q3 2023, the fund opened 7 new positions and exited 0.

Portfolio Metrics

Turnover
+3.4%
vs prior filed quarter
Top-10 Concentration
+53.0%
share of reported value
Largest Position
+9.4%
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: 65.9%MLP: 9.7%Closed-End Fund: 9.4%ETP: 6.2%Other: 4.8%Other: 3.9%
  • Common Stock · 65.9% · $96M
  • MLP · 9.7% · $14M
  • Closed-End Fund · 9.4% · $14M
  • ETP · 6.2% · $9M
  • Other · 4.8% · $7M
  • Other · 3.9% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BUNGE GLOBAL SANEW+31.6K31.6K+$3M$3M
MRNAMODERNA INCNEW+20.1K20.1K+$2M$2M
MPTMEDICAL PPTYS TRUST INCNEW+322.9K322.9K+$2M$2M
DOWDOW INCNEW+292292+$16,013$16,013
CTVACORTEVA INCNEW+292292+$13,993$13,993
62CPIPER SANDLER COMPANIESNEW+1010+$1,749$1,749
LUMNLUMEN TECHNOLOGIES INCNEW+11+$1$1
J P MORGAN EXCHANGE TRADED FADDED+148.2K168.2K+$7M$8M

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

Holdings — Q4 2023

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPROTT PHYSICAL GOLD TRUNIT9.38%$14M860.6K
2TPLTEXAS PACIFIC LAND CORPORATIhistory →COM8.11%$12M7.5K
3J P MORGAN EXCHANGE TRADED FULTRA SHRT INC5.81%$8M168.2K
4JPMJPMORGAN CHASE & COhistory →COM4.51%$7M38.7K
5ABBVABBVIE INChistory →COM4.40%$6M41.5K
6PXDEURPIONEER NAT RES COhistory →COM4.34%$6M28.2K
7MSFTMICROSOFT CORPhistory →COM4.31%$6M16.7K
8ETENERGY TRANSFER L Phistory →COM UT LTD PTN4.17%$6M441.3K
9EXMOCEXXON MOBIL CORPhistory →COM4.03%$6M58.9K
10BSMBLACK STONE MINERALS L Phistory →COM UNIT3.94%$6M360.3K
11AMZNAMAZON COM INChistory →COM3.02%$4M29.0K
12FIRST INDL RLTY TR INCCOM2.78%$4M76.6K
13JNJJOHNSON & JOHNSONhistory →COM2.74%$4M25.6K
14TJXTJX COS INC NEWhistory →COM2.71%$4M42.2K
15LPXLOUISIANA PAC CORPhistory →COM2.65%$4M54.8K
16CHUBB LIMITEDCOM2.65%$4M17.1K
17LOWLOWES COS INChistory →COM2.55%$4M16.7K
18FNVFRANCO NEV CORPhistory →COM2.48%$4M32.7K
19HHHHOWARD HUGHES HOLDINGS INChistory →COM2.42%$4M41.3K
20MLMMARTIN MARIETTA MATLS INChistory →COM2.28%$3M6.7K
21NOCNORTHROP GRUMMAN CORPhistory →COM2.25%$3M7.0K
22HUBBHUBBELL INChistory →COM2.20%$3M9.8K
23BUNGE GLOBAL SACOM SHS2.18%$3M31.6K
24TXNTEXAS INSTRS INChistory →COM2.16%$3M18.5K
25CPCANADIAN PACIFIC KANSAS CITYhistory →COM2.09%$3M38.7K
26WBDWARNER BROS DISCOVERY INChistory →COM SER A2.02%$3M259.2K
27DWDPEURDUPONT DE NEMOURS INChistory →COM1.70%$2M32.3K
28DMLPDORCHESTER MINERALS LPhistory →COM UNIT1.60%$2M73.4K
29HSYHERSHEY COhistory →COM1.55%$2M12.1K
30MRNAMODERNA INChistory →COM1.37%$2M20.1K
31MPTMEDICAL PPTYS TRUST INChistory →COM1.12%$2M322.9K
32PIMCO ETF TRENHAN SHRT MA AC0.44%$641,6956.4K
33DOWDOW INCCOM0.01%$16,013292
34CTVACORTEVA INCCOM0.01%$13,993292
3562CPIPER SANDLER COMPANIESCOM0.00%$1,74910
36LUMNLUMEN TECHNOLOGIES INCCOM0.00%$11

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 ↗.