SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Concorde Financial Corp

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

Reported Value
$110M
Q1 2024
Positions
37
Filings on Record
18
2019–present window
Filed
May 15, 2024
original filing

Summary

Concorde Financial Corp reported $110M in U.S.-listed holdings across 37 positions for Q1 2024.

Its largest position, Sprott Physical Gold Tr, represents 13.4% of the portfolio.

Compared with Q4 2023, the fund opened 5 new positions and exited 4.

Portfolio Metrics

Turnover
+8.2%
vs prior filed quarter
Top-10 Concentration
+71.4%
share of reported value
Largest Position
+13.4%
Sprott Physical Gold Tr
New / Exited
5 / 4
positions this quarter

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: 52.0%MLP: 14.1%Closed-End Fund: 13.4%ETP: 9.7%Other: 7.1%Other: 3.7%
  • Common Stock · 52.0% · $57M
  • MLP · 14.1% · $16M
  • Closed-End Fund · 13.4% · $15M
  • ETP · 9.7% · $11M
  • Other · 7.1% · $8M
  • Other · 3.7% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
J P MORGAN EXCHANGE TRADED FNEW+38.5K38.5K+$2M$2M
SPDR SER TRNEW+3.5K3.5K+$536,368$536,368
SPDR SER TRNEW+2.6K2.6K+$239,334$239,334
STWDSTARWOOD PPTY TR INCNEW+500500+$10,405$10,405
EHABUSDENHABIT INCNEW+9090+$1,049$1,049
TPLTEXAS PACIFIC LAND CORPORATIADDED+15.2K22.7K+$1M$13M
MPTMEDICAL PPTYS TRUST INCSOLD OUT−322.9K0−$2M$0
DOWDOW INCSOLD OUT−2920−$16,013$0

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

Holdings — Q1 2024

35 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPROTT PHYSICAL GOLD TRUNIT13.36%$15M848.9K
2TPLTEXAS PACIFIC LAND CORPORATIhistory →COM11.96%$13M22.7K
3J P MORGAN EXCHANGE TRADED FULTRA SHRT INC · NASDAQ EQT PREM8.35%$9M179.2K
4ABBVABBVIE INChistory →COM6.86%$8M41.4K
5JPMJPMORGAN CHASE & COhistory →COM6.74%$7M37.0K
6ETENERGY TRANSFER L Phistory →COM UT LTD PTN6.33%$7M442.6K
7BSMBLACK STONE MINERALS L Phistory →COM UNIT5.53%$6M380.3K
8EXMOCEXXON MOBIL CORPhistory →COM5.38%$6M50.9K
9AMZNAMAZON COM INChistory →COM4.77%$5M29.1K
10CHUBB LIMITEDCOM4.06%$4M17.2K
11FIRST INDL RLTY TR INCCOM3.69%$4M76.8K
12CPCANADIAN PACIFIC KANSAS CITYhistory →COM3.11%$3M38.7K
13BUNGE GLOBAL SACOM SHS3.07%$3M32.9K
14HHHHOWARD HUGHES HOLDINGS INChistory →COM2.91%$3M44.1K
15DMLPDORCHESTER MINERALS LPhistory →COM UNIT2.26%$2M73.7K
16MRNAMODERNA INChistory →COM1.65%$2M17.1K
17PXDEURPIONEER NAT RES COhistory →COM1.13%$1M4.8K
18MSFTMICROSOFT CORPhistory →COM1.11%$1M2.9K
19LOWLOWES COS INCCOM0.72%$789,6633.1K
20SPDR SER TRS&P OILGAS EXP · OILGAS EQUIP0.71%$775,7026.0K
21JNJJOHNSON & JOHNSONCOM0.69%$759,3124.8K
22PIMCO ETF TRENHAN SHRT MA AC0.66%$724,8937.2K
23FNVFRANCO NEV CORPCOM0.61%$667,2965.6K
24HUBBHUBBELL INCCOM0.60%$664,0801.6K
25LPXLOUISIANA PAC CORPCOM0.58%$637,7167.6K
26MLMMARTIN MARIETTA MATLS INCCOM0.56%$613,9401.0K
27TJXTJX COS INC NEWCOM0.55%$608,5206.0K
28NOCNORTHROP GRUMMAN CORPCOM0.52%$574,3921.2K
29TXNTEXAS INSTRS INCCOM0.51%$557,4723.2K
30HSYHERSHEY COCOM0.49%$542,6552.8K
31WBDWARNER BROS DISCOVERY INCCOM SER A0.48%$525,98360.3K
32DWDPEURDUPONT DE NEMOURS INCCOM0.02%$22,388292
33CTVACORTEVA INCCOM0.02%$16,840292
34STWDSTARWOOD PPTY TR INCCOM0.01%$10,405500
35EHABUSDENHABIT INCCOM0.00%$1,04990

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 ↗.