UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
09-30-2019
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:
First Dallas Securities Inc.
Address:
2905 MAPLE AVE.
DALLAS, TX 75201
Form 13F File Number:

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:
charmagne darabadey
Title:
compliance
Phone:
2146659103


Signature, Place, and Date of Signing:

charmagne darabadey
                         [Signature]
dallas, TEXAS
                 [City, State]
11-14-2019
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are 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:
85
Form 13F Information table Value Total:
112781
          (thousands)

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


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
RLJ LODGING TRCUM CONV PFD A74965L2002238,250SHSOLE0 0 0 8,250
NXP SEMICONDUCTORS NCOMN6596X1098227,530SHSOLE0 0 0 7,530
NORWEGIAN CRUISE LINSHSG6672110486216,650SHSOLE0 0 0 16,650
CAPRI HOLDINGS LIMITSHSG1890L1072126,400SHSOLE0 0 0 6,400
XCEL ENERGY INCCOM98389B1003,13148,246SHSOLE0 0 0 48,246
WHIRLPOOL CORPCOM9633201062611,650SHSOLE0 0 0 1,650
WELLS FARGO CO NEWCOM9497461014388,675SHSOLE0 0 0 8,675
WALMART INCCOM9311421031,41111,891SHSOLE0 0 0 11,891
WAITR HLDGS INCCOM9307521007155,500SHSOLE0 0 0 55,500
VISTRA ENERGY CORPCOM92840M1022388,900SHSOLE0 0 0 8,900
VISA INCCOM CL A92826C8392151,250SHSOLE0 0 0 1,250
VERIZON COMMUNICATIOCOM92343V1042,49141,268SHSOLE0 0 0 41,268
VENTAS INCCOM92276F1003554,863SHSOLE0 0 0 4,863
UNITED STATES STL COCOM9129091081,00486,933SHSOLE0 0 0 86,933
UNITED RENTALS INCCOM9113631098016,425SHSOLE0 0 0 6,425
U S CONCRETE INCCOM NEW90333L2011,70430,825SHSOLE0 0 0 30,825
TRIUMPH BANCORP INCCOM89679E3001,42944,800SHSOLE0 0 0 44,800
TEXAS PAC LD TRSUB CTF PROP I T88261010813,54120,846SHSOLE0 0 0 20,846
TEXAS INSTRS INCCOM8825081044943,819SHSOLE0 0 0 3,819
SOUTHWEST AIRLS COCOM8447411082,37844,035SHSOLE0 0 0 44,035
SOUTHERN COCOM84258710780112,969SHSOLE0 0 0 12,969
SMUCKER J M COCOM NEW8326964052602,365SHSOLE0 0 0 2,365
SCHLUMBERGER LTDCOM8068571081,36439,927SHSOLE0 0 0 39,927
RYMAN HOSPITALITY PPCOM78377T1072,68632,831SHSOLE0 0 0 32,831
PROCTER AND GAMBLE CCOM7427181097455,993SHSOLE0 0 0 5,993
PAYPAL HLDGS INCCOM70450Y1033683,550SHSOLE0 0 0 3,550
PACWEST BANCORP DELCOM6952631032135,850SHSOLE0 0 0 5,850
ONEOK INC NEWCOM6826801032,88639,160SHSOLE0 0 0 39,160
MICRON TECHNOLOGY INCOM59511210345110,525SHSOLE0 0 0 10,525
MICROSOFT CORPCOM5949181047455,355SHSOLE0 0 0 5,355
MERCK & CO INCCOM58933Y1053,13737,262SHSOLE0 0 0 37,262
MEDICAL PPTYS TRUSTCOM58463J30442121,542SHSOLE0 0 0 21,542
MATADOR RES COCOM57648520578447,400SHSOLE0 0 0 47,400
LOCKHEED MARTIN CORPCOM539830109263675SHSOLE0 0 0 675
KRAFT HEINZ COCOM5007541062107,525SHSOLE0 0 0 7,525
JOHNSON & JOHNSONCOM4781601042,68020,713SHSOLE0 0 0 20,713
JPMORGAN CHASE & COCOM46625H1001,1019,354SHSOLE0 0 0 9,354
INTL PAPER COCOM4601461033,35680,247SHSOLE0 0 0 80,247
INTEL CORPCOM4581401001,06720,701SHSOLE0 0 0 20,701
HONEYWELL INTL INCCOM4385161065413,200SHSOLE0 0 0 3,200
HOME DEPOT INCCOM4370761021,3926,001SHSOLE0 0 0 6,001
HELMERICH & PAYNE INCOM4234521011,06726,632SHSOLE0 0 0 26,632
GENERAL MTRS COCOM37045V10054114,432SHSOLE0 0 0 14,432
GEO GROUP INC NEWCOM36162J1062,593149,540SHSOLE0 0 0 149,540
FEDEX CORPCOM31428X1068635,929SHSOLE0 0 0 5,929
FALCON MINERALS CORPCL A COM30607B1096311,000SHSOLE0 0 0 11,000
FACEBOOK INCCL A30303M1024012,250SHSOLE0 0 0 2,250
EXXON MOBIL CORPCOM30231G1022,31932,846SHSOLE0 0 0 32,846
ENLINK MIDSTREAM LLCCOM UNIT REP LTD29336T1003,705435,837SHSOLE0 0 0 435,837
ENERGY TRANSFER LPCOM UT LTD PTN29273V10023217,730SHSOLE0 0 0 17,730
EAGLE MATERIALS INCCOM26969P1081,74619,399SHSOLE0 0 0 19,399
DUKE ENERGY CORP NEWCOM NEW26441C2041,52415,897SHSOLE0 0 0 15,897
DOW INCCOM2605571031,27326,712SHSOLE0 0 0 26,712
DISNEY WALT COCOM DISNEY2546871065814,455SHSOLE0 0 0 4,455
DELTA AIR LINES INCCOM NEW2473617021,01817,676SHSOLE0 0 0 17,676
COSTCO WHSL CORP NEWCOM22160K1054261,480SHSOLE0 0 0 1,480
CONOCOPHILLIPSCOM20825C1042083,648SHSOLE0 0 0 3,648
COMMERCIAL METALS COCOM2017231035,534318,422SHSOLE0 0 0 318,422
COCA COLA COCOM19121610059210,872SHSOLE0 0 0 10,872
CLEVELAND CLIFFS INCCOM1858991011,477204,578SHSOLE0 0 0 204,578
CITIGROUP INCCOM NEW1729674243144,540SHSOLE0 0 0 4,540
CISCO SYS INCCOM17275R10288317,874SHSOLE0 0 0 17,874
CHEVRON CORP NEWCOM1667641003863,255SHSOLE0 0 0 3,255
CENTURY CMNTYS INCCOM1565043001,10135,960SHSOLE0 0 0 35,960
CATERPILLAR INC DELCOM1491231016515,155SHSOLE0 0 0 5,155
CVS HEALTH CORPCOM1266501001,19118,889SHSOLE0 0 0 18,889
BRUNSWICK CORPCOM1170431092063,950SHSOLE0 0 0 3,950
BOSTON SCIENTIFIC COCOM10113710747211,600SHSOLE0 0 0 11,600
BOEING COCOM0970231056,79517,859SHSOLE0 0 0 17,859
BERKSHIRE HATHAWAY ICL B NEW0846707022181,050SHSOLE0 0 0 1,050
BERKSHIRE HATHAWAY ICL A0846701083121SHSOLE0 0 0 1
BANK AMER CORPCOM0605051042,61689,688SHSOLE0 0 0 89,688
BP PLCSPONSORED ADR0556221043599,450SHSOLE0 0 0 9,450
ATMOS ENERGY CORPCOM0495601052,02217,750SHSOLE0 0 0 17,750
AT HOME GROUP INCCOM04650Y10063265,700SHSOLE0 0 0 65,700
APPLIED MATLS INCCOM03822210571114,250SHSOLE0 0 0 14,250
APPLE INCCOM0378331005212,324SHSOLE0 0 0 2,324
AMERICAN EAGLE OUTFICOM02553E10618711,500SHSOLE0 0 0 11,500
AMERICAN ELEC PWR COCOM0255371013683,925SHSOLE0 0 0 3,925
AMERICAN AIRLS GROUPCOM02376R1021,83167,900SHSOLE0 0 0 67,900
AMEREN CORPCOM0236081027549,421SHSOLE0 0 0 9,421
ABRAXAS PETE CORPCOM0038301061019,493SHSOLE0 0 0 19,493
ABBVIE INCCOM00287Y1091,83824,273SHSOLE0 0 0 24,273
ABBOTT LABSCOM0028241005696,800SHSOLE0 0 0 6,800
AT&T INCCOM00206R1024,121108,913SHSOLE0 0 0 108,913