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:
03-31-2023
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:
Chief Compliance Officer
Phone:
2146659103


Signature, Place, and Date of Signing:

Charmagne Darabadey
                         [Signature]
dallas, TEXAS
                 [City, State]
05-15-2023
                           [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:
121
Form 13F Information table Value Total:
169518
          (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
ABBVIE INCCOM00287Y1094,27526,825SHSOLE0 0 0 26,825
ACADEMY SPORTS & OUTDOORS INCOM00402L1075238,012SHSOLE0 0 0 8,012
ACTIVISION BLIZZARD INCCOM00507V1094285,000SHSOLE0 0 0 5,000
ADVANCED MICRO DEVICES INCCOM0079031073333,400SHSOLE0 0 0 3,400
AGCO CORPCOM0010841024533,350SHSOLE0 0 0 3,350
ALPHABET INCCAP STK CL C02079K1076356,105SHSOLE0 0 0 6,105
AMAZON COM INCCOM0231351061,24112,010SHSOLE0 0 0 12,010
AMEREN CORPCOM0236081024965,738SHSOLE0 0 0 5,738
AMERICAN EAGLE OUTFITTERS INCOM02553E10631623,480SHSOLE0 0 0 23,480
AMERICAN ELEC PWR CO INCCOM0255371012933,225SHSOLE0 0 0 3,225
AMERICAN EXPRESS COCOM0258161092,58615,679SHSOLE0 0 0 15,679
AMGEN INCCOM0311621002,48810,291SHSOLE0 0 0 10,291
APPLE INCCOM03783310016,798101,868SHSOLE0 0 0 101,868
AT&T INCCOM00206R1021,86296,735SHSOLE0 0 0 96,735
ATMOS ENERGY CORPCOM0495601057226,427SHSOLE0 0 0 6,427
AZEK CO INCCL A05478C10535915,250SHSOLE0 0 0 15,250
BANK AMERICA CORPCOM0605051042,46486,168SHSOLE0 0 0 86,168
BERKSHIRE HATHAWAY INC DELCL B NEW0846707024941,600SHSOLE0 0 0 1,600
BERKSHIRE HATHAWAY INC DELCL A0846701084661SHSOLE0 0 0 1
BLACKSTONE INCCOM09260D1072,42827,637SHSOLE0 0 0 27,637
BOEING COCOM0970231052,41911,390SHSOLE0 0 0 11,390
BRISTOL-MYERS SQUIBB COCOM1101221085237,542SHSOLE0 0 0 7,542
BUILDERS FIRSTSOURCE INCCOM12008R1075155,800SHSOLE0 0 0 5,800
CAPITAL SOUTHWEST CORPCOM14050110740022,500SHSOLE0 0 0 22,500
CATERPILLAR INCCOM1491231011,8848,233SHSOLE0 0 0 8,233
CHESAPEAKE ENERGY CORPCOM1651677352,44432,146SHSOLE0 0 0 32,146
CHEVRON CORP NEWCOM1667641004943,027SHSOLE0 0 0 3,027
CHUBB LIMITEDCOMH1467J1044182,153SHSOLE0 0 0 2,153
CINEMARK HLDGS INCCOM17243V10237025,050SHSOLE0 0 0 25,050
CISCO SYS INCCOM17275R10284516,166SHSOLE0 0 0 16,166
CITIGROUP INCCOM NEW1729674243737,962SHSOLE0 0 0 7,962
CLEVELAND-CLIFFS INC NEWCOM1858991012,325126,835SHSOLE0 0 0 126,835
COCA COLA COCOM1912161001,03216,631SHSOLE0 0 0 16,631
COMERICA INCCOM2003401071,00223,066SHSOLE0 0 0 23,066
COMMERCIAL METALS COCOM2017231031,54531,596SHSOLE0 0 0 31,596
CONOCOPHILLIPSCOM20825C1044134,163SHSOLE0 0 0 4,163
COSTCO WHSL CORP NEWCOM22160K1051,5023,024SHSOLE0 0 0 3,024
CULLEN FROST BANKERS INCCOM2298991097146,775SHSOLE0 0 0 6,775
CVS HEALTH CORPCOM1266501004796,450SHSOLE0 0 0 6,450
DARDEN RESTAURANTS INCCOM2371941052251,450SHSOLE0 0 0 1,450
DELTA AIR LINES INC DELCOM NEW2473617022106,005SHSOLE0 0 0 6,005
DEVON ENERGY CORP NEWCOM25179M1034128,132SHSOLE0 0 0 8,132
DIAMONDBACK ENERGY INCCOM25278X1092031,500SHSOLE0 0 0 1,500
DUKE ENERGY CORP NEWCOM NEW26441C2041,11911,601SHSOLE0 0 0 11,601
EAGLE MATLS INCCOM26969P1082,46016,764SHSOLE0 0 0 16,764
ENCORE WIRE CORPCOM2925621052,48813,425SHSOLE0 0 0 13,425
ENERGY TRANSFER L PCOM UT LTD PTN29273V1001,02882,424SHSOLE0 0 0 82,424
ENLINK MIDSTREAM LLCCOM UNIT REP LTD29336T1002,804258,650SHSOLE0 0 0 258,650
ETHAN ALLEN INTERIORS INCCOM2976021042,37086,315SHSOLE0 0 0 86,315
EXXON MOBIL CORPCOM30231G1026,11055,721SHSOLE0 0 0 55,721
FEDEX CORPCOM31428X1061,1424,997SHSOLE0 0 0 4,997
FORD MTR CO DELCOM34537086041733,072SHSOLE0 0 0 33,072
FREEPORT-MCMORAN INCCL B35671D8572,13552,192SHSOLE0 0 0 52,192
FRONTIER GROUP HLDGS INCCOM35909R10855856,750SHSOLE0 0 0 56,750
GENERAL MTRS COCOM37045V1004,243115,685SHSOLE0 0 0 115,685
GEO GROUP INC NEWCOM36162J10615619,782SHSOLE0 0 0 19,782
GLOBAL MED REIT INCCOM NEW37954A20438542,300SHSOLE0 0 0 42,300
GOLDMAN SACHS GROUP INCCOM38141G1044911,500SHSOLE0 0 0 1,500
HOME DEPOT INCCOM4370761023,36811,414SHSOLE0 0 0 11,414
HONEYWELL INTL INCCOM4385161064682,450SHSOLE0 0 0 2,450
INTERNATIONAL BUSINESS MACHSCOM4592001014033,075SHSOLE0 0 0 3,075
JOHNSON & JOHNSONCOM4781601042,96919,153SHSOLE0 0 0 19,153
JPMORGAN CHASE & COCOM46625H1001,57912,114SHSOLE0 0 0 12,114
LILLY ELI & COCOM5324571081,5884,625SHSOLE0 0 0 4,625
LOCKHEED MARTIN CORPCOM539830109272575SHSOLE0 0 0 575
LOWES COS INCCOM5486611072451,225SHSOLE0 0 0 1,225
MATADOR RES COCOM5764852054018,407SHSOLE0 0 0 8,407
MCDONALDS CORPCOM5801351011,1704,185SHSOLE0 0 0 4,185
MEDTRONIC PLCSHSG5960L1036167,635SHSOLE0 0 0 7,635
MERCK & CO INCCOM58933Y1051,66515,649SHSOLE0 0 0 15,649
META PLATFORMS INCCL A30303M1021,5857,477SHSOLE0 0 0 7,477
MICRON TECHNOLOGY INCCOM5951121031,36122,550SHSOLE0 0 0 22,550
MICROSOFT CORPCOM5949181044,50715,633SHSOLE0 0 0 15,633
MODERNA INCCOM60770K1074653,025SHSOLE0 0 0 3,025
MORGAN STANLEYCOM NEW6174464484044,600SHSOLE0 0 0 4,600
NEW YORK CMNTY BANCORP INCCOM6494451031,258139,116SHSOLE0 0 0 139,116
NORWEGIAN CRUISE LINE HLDG LSHSG6672110451638,360SHSOLE0 0 0 38,360
NOVO-NORDISK A SADR6701002058935,611SHSOLE0 0 0 5,611
NVIDIA CORPORATIONCOM67066G1043,79313,656SHSOLE0 0 0 13,656
ON HLDG AGNAMEN AKT AH5919C10454517,550SHSOLE0 0 0 17,550
ON SEMICONDUCTOR CORPCOM6821891055066,150SHSOLE0 0 0 6,150
ONEOK INC NEWCOM6826801034,02463,337SHSOLE0 0 0 63,337
PACKAGING CORP AMERCOM6951561096314,545SHSOLE0 0 0 4,545
PAYPAL HLDGS INCCOM70450Y1032423,185SHSOLE0 0 0 3,185
PEPSICO INCCOM7134481086643,640SHSOLE0 0 0 3,640
PIONEER NAT RES COCOM7237871072781,362SHSOLE0 0 0 1,362
PROCTER AND GAMBLE COCOM7427181095113,437SHSOLE0 0 0 3,437
QUALCOMM INCCOM7475251032,56720,119SHSOLE0 0 0 20,119
RAYTHEON TECHNOLOGIES CORPCOM75513E1012812,867SHSOLE0 0 0 2,867
SCHLUMBERGER LTDCOM STK8068571082334,750SHSOLE0 0 0 4,750
SCHWAB CHARLES CORPCOM8085131051,82834,895SHSOLE0 0 0 34,895
SIMON PPTY GROUP INC NEWCOM8288061094203,750SHSOLE0 0 0 3,750
SITIO ROYALTIES CORPCLASS A COM82983N1082189,630SHSOLE0 0 0 9,630
SIX FLAGS ENTMT CORP NEWCOM83001A1022599,700SHSOLE0 0 0 9,700
SOUTHERN COCOM8425871076719,640SHSOLE0 0 0 9,640
SOUTHWEST AIRLS COCOM84474110882925,468SHSOLE0 0 0 25,468
SUNOPTA INCCOM8676EP10827736,000SHSOLE0 0 0 36,000
TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS8740391008799,450SHSOLE0 0 0 9,450
TARGET CORPCOM87612E1069986,028SHSOLE0 0 0 6,028
TAYLOR MORRISON HOME CORPCOM87724P1062285,950SHSOLE0 0 0 5,950
TESLA INCCOM88160R1013651,760SHSOLE0 0 0 1,760
TEXAS INSTRS INCCOM8825081044672,509SHSOLE0 0 0 2,509
TEXAS PACIFIC LAND CORPORATICOM88262P10216,9959,991SHSOLE0 0 0 9,991
TOPGOLF CALLAWAY BRANDS CORPCOM13119310488440,900SHSOLE0 0 0 40,900
TRANSOCEAN LTDREG SHSH8817H10018529,090SHSOLE0 0 0 29,090
TRIUMPH FINANCIAL INCCOM89679E3001,41824,422SHSOLE0 0 0 24,422
UBER TECHNOLOGIES INCCOM90353T1002,21469,850SHSOLE0 0 0 69,850
UNITED PARCEL SERVICE INCCL B9113121062,43812,566SHSOLE0 0 0 12,566
UNITED RENTALS INCCOM911363109230580SHSOLE0 0 0 580
UNITEDHEALTH GROUP INCCOM91324P1026621,400SHSOLE0 0 0 1,400
UPLAND SOFTWARE INCCOM91544A10917841,500SHSOLE0 0 0 41,500
VERIZON COMMUNICATIONS INCCOM92343V1041,10128,313SHSOLE0 0 0 28,313
VISTRA CORPCOM92840M1021,29553,941SHSOLE0 0 0 53,941
WALGREENS BOOTS ALLIANCE INCCOM93142710864418,628SHSOLE0 0 0 18,628
WALMART INCCOM9311421036194,200SHSOLE0 0 0 4,200
WELLS FARGO CO NEWCOM94974610140410,800SHSOLE0 0 0 10,800
WHIRLPOOL CORPCOM9633201068006,056SHSOLE0 0 0 6,056
WILLIAMS SONOMA INCCOM9699041012972,445SHSOLE0 0 0 2,445
WYNN RESORTS LTDCOM9831341078817,875SHSOLE0 0 0 7,875
XCEL ENERGY INCCOM98389B1002,51337,263SHSOLE0 0 0 37,263