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:
12-31-2024
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:
028-12035

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]
01-24-2025
                           [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:
286718
Form 13F Information table Value Total:
245369000
          (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
3M COCOM88579Y1011,077,0008,344SHSOLE0 0 0 8,344
ABBVIE INCCOM00287Y1093,246,00018,269SHSOLE0 0 0 18,269
AIRBNB INCCOM CL A0090661011,082,0008,230SHSOLE0 0 0 8,230
ALPHABET INCCAP STK CL C02079K1071,022,0005,365SHSOLE0 0 0 5,365
ALPHABET INCCAP STK CL A02079K305927,0004,899SHSOLE0 0 0 4,899
AMAZON COM INCCOM0231351067,702,00035,108SHSOLE0 0 0 35,108
AMEREN CORPCOM023608102510,0005,725SHSOLE0 0 0 5,725
AMERICAN ELEC PWR CO INCCOM0255371011,072,00011,623SHSOLE0 0 0 11,623
AMERICAN EXPRESS COCOM0258161091,606,0005,412SHSOLE0 0 0 5,412
AMGEN INCCOM0311621001,891,0007,257SHSOLE0 0 0 7,257
APPLE INCCOM03783310017,881,00071,405SHSOLE0 0 0 71,405
AT&T INCCOM00206R1022,042,00089,658SHSOLE0 0 0 89,658
ATMOS ENERGY CORPCOM049560105671,0004,821SHSOLE0 0 0 4,821
BANC OF CALIFORNIA INCCOM05990K1061,205,00077,975SHSOLE0 0 0 77,975
BANK AMERICA CORPCOM0605051042,184,00049,694SHSOLE0 0 0 49,694
BERKSHIRE HATHAWAY INC DELCL B NEW084670702726,0001,602SHSOLE0 0 0 1,602
BERKSHIRE HATHAWAY INC DELCL A084670108681,0001SHSOLE0 0 0 1
BLACKSTONE INCCOM09260D1071,392,0008,075SHSOLE0 0 0 8,075
BOEING COCOM0970231052,737,00015,466SHSOLE0 0 0 15,466
BROADCOM INCCOM11135F101487,0002,100SHSOLE0 0 0 2,100
BUILDERS FIRSTSOURCE INCCOM12008R107350,0002,450SHSOLE0 0 0 2,450
CAPITAL SOUTHWEST CORPCOM1405011071,464,00067,108SHSOLE0 0 0 67,108
CATERPILLAR INCCOM1491231013,580,0009,868SHSOLE0 0 0 9,868
CHESAPEAKE ENERGY CORPCOM1651677352,643,00026,547SHSOLE0 0 0 26,547
CHEVRON CORP NEWCOM166764100412,0002,845SHSOLE0 0 0 2,845
CITIGROUP INCCOM NEW172967424723,00010,267SHSOLE0 0 0 10,267
CLEAR SECURE INCCOM CL A18467V109304,00011,400SHSOLE0 0 0 11,400
CLEVELAND-CLIFFS INC NEWCOM1858991011,894,000201,500SHSOLE0 0 0 201,500
COCA COLA COCOM191216100742,00011,917SHSOLE0 0 0 11,917
COMERICA INCCOM200340107288,0004,660SHSOLE0 0 0 4,660
COMMERCIAL METALS COCOM2017231031,492,00030,079SHSOLE0 0 0 30,079
CONOCOPHILLIPSCOM20825C104393,0003,963SHSOLE0 0 0 3,963
COSTCO WHSL CORP NEWCOM22160K1052,522,0002,753SHSOLE0 0 0 2,753
CROCS INCCOM227046109312,0002,849SHSOLE0 0 0 2,849
CULLEN FROST BANKERS INCCOM229899109541,0004,028SHSOLE0 0 0 4,028
CYBERARK SOFTWARE LTDSHSM2682V108516,0001,550SHSOLE0 0 0 1,550
DARDEN RESTAURANTS INCCOM237194105224,0001,200SHSOLE0 0 0 1,200
DEERE & COCOM244199105356,000840SHSOLE0 0 0 840
DELL TECHNOLOGIES INCCL C24703L202455,0003,945SHSOLE0 0 0 3,945
DEVON ENERGY CORP NEWCOM25179M1031,725,00052,715SHSOLE0 0 0 52,715
DIAMONDBACK ENERGY INCCOM25278X109478,0002,920SHSOLE0 0 0 2,920
DRAFTKINGS INC NEWCOM CL A26142V1052,858,00076,816SHSOLE0 0 0 76,816
DUKE ENERGY CORP NEWCOM NEW26441C2041,084,00010,059SHSOLE0 0 0 10,059
EAGLE MATLS INCCOM26969P1083,751,00015,200SHSOLE0 0 0 15,200
ELI LILLY & COCOM5324571083,097,0004,012SHSOLE0 0 0 4,012
ENERGY TRANSFER L PCOM UT LTD PTN29273V1003,502,000178,754SHSOLE0 0 0 178,754
ENLINK MIDSTREAM LLCCOM UNIT REP LTD29336T1001,043,00073,731SHSOLE0 0 0 73,731
ETHAN ALLEN INTERIORS INCCOM2976021043,409,000121,285SHSOLE0 0 0 121,285
EXXON MOBIL CORPCOM30231G1026,120,00056,896SHSOLE0 0 0 56,896
FEDEX CORPCOM31428X106906,0003,222SHSOLE0 0 0 3,222
FREEPORT-MCMORAN INCCL B35671D8574,298,000112,876SHSOLE0 0 0 112,876
GENERAC HLDGS INCCOM3687361044,120,00026,575SHSOLE0 0 0 26,575
GLOBAL MED REIT INCCOM NEW37954A204401,00052,000SHSOLE0 0 0 52,000
GOLDMAN SACHS GROUP INCCOM38141G104722,0001,260SHSOLE0 0 0 1,260
HEALTHCARE RLTY TRCL A COM42226K1051,428,00084,250SHSOLE0 0 0 84,250
HEWLETT PACKARD ENTERPRISE CCOM42824C109657,00030,759SHSOLE0 0 0 30,759
HOME DEPOT INCCOM4370761023,816,0009,811SHSOLE0 0 0 9,811
HONEYWELL INTL INCCOM438516106531,0002,350SHSOLE0 0 0 2,350
INTERNATIONAL BUSINESS MACHSCOM4592001013,715,00016,898SHSOLE0 0 0 16,898
INTUITIVE SURGICAL INCCOM NEW46120E602470,000900SHSOLE0 0 0 900
JOHNSON & JOHNSONCOM4781601041,740,00012,033SHSOLE0 0 0 12,033
JPMORGAN CHASE & CO.COM46625H1003,420,00014,267SHSOLE0 0 0 14,267
LIFE360 INCCOM532206109431,00010,450SHSOLE0 0 0 10,450
LOCKHEED MARTIN CORPCOM539830109522,0001,075SHSOLE0 0 0 1,075
MAPLEBEAR INCCOM565394103319,0007,700SHSOLE0 0 0 7,700
MASTEC INCCOM5763231091,035,0007,600SHSOLE0 0 0 7,600
MATADOR RES COCOM576485205626,00011,131SHSOLE0 0 0 11,131
MCDONALDS CORPCOM580135101833,0002,875SHSOLE0 0 0 2,875
MERCK & CO INCCOM58933Y1052,122,00021,336SHSOLE0 0 0 21,336
META PLATFORMS INCCL A30303M1024,444,0007,589SHSOLE0 0 0 7,589
MICRON TECHNOLOGY INCCOM5951121031,178,00014,000SHSOLE0 0 0 14,000
MICROSOFT CORPCOM5949181048,597,00020,396SHSOLE0 0 0 20,396
MORGAN STANLEYCOM NEW617446448636,0005,062SHSOLE0 0 0 5,062
NETFLIX INCCOM64110L106410,000460SHSOLE0 0 0 460
NORWEGIAN CRUISE LINE HLDG LSHSG66721104912,00035,450SHSOLE0 0 0 35,450
NOVO-NORDISK A SADR670100205486,0005,654SHSOLE0 0 0 5,654
NVIDIA CORPORATIONCOM67066G10428,105,000209,286SHSOLE0 0 0 209,286
ON HLDG AGNAMEN AKT AH5919C104690,00012,595SHSOLE0 0 0 12,595
ON SEMICONDUCTOR CORPCOM682189105751,00011,915SHSOLE0 0 0 11,915
ONEOK INC NEWCOM6826801036,366,00063,403SHSOLE0 0 0 63,403
ORACLE CORPCOM68389X105383,0002,300SHSOLE0 0 0 2,300
PALANTIR TECHNOLOGIES INCCL A69608A108257,0003,400SHSOLE0 0 0 3,400
PALO ALTO NETWORKS INCCOM697435105775,0004,260SHSOLE0 0 0 4,260
PEPSICO INCCOM713448108433,0002,845SHSOLE0 0 0 2,845
PERMIAN RESOURCES CORPCLASS A COM71424F105763,00053,041SHSOLE0 0 0 53,041
PFIZER INCCOM717081103354,00013,350SHSOLE0 0 0 13,350
PORTILLOS INCCOM CL A73642K106407,00043,250SHSOLE0 0 0 43,250
PROCTER AND GAMBLE COCOM742718109346,0002,065SHSOLE0 0 0 2,065
SCHWAB CHARLES CORPCOM8085131051,392,00018,815SHSOLE0 0 0 18,815
SHARKNINJA INCCOM SHSG8068L1082,266,00023,275SHSOLE0 0 0 23,275
SHIFT4 PMTS INCCL A82452J109553,0005,325SHSOLE0 0 0 5,325
SIMON PPTY GROUP INC NEWCOM828806109534,0003,100SHSOLE0 0 0 3,100
SLEEP NUMBER CORPCOM83125X103632,00041,500SHSOLE0 0 0 41,500
SOUTHERN COCOM842587107578,0007,020SHSOLE0 0 0 7,020
SOUTHWEST AIRLS COCOM844741108441,00013,125SHSOLE0 0 0 13,125
SUNOPTA INCCOM8676EP108362,00047,000SHSOLE0 0 0 47,000
SYMBOTIC INCCLASS A COM87151X101415,00017,500SHSOLE0 0 0 17,500
TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS8740391001,907,0009,655SHSOLE0 0 0 9,655
TEXAS INSTRS INCCOM882508104302,0001,609SHSOLE0 0 0 1,609
TEXAS PACIFIC LAND CORPORATICOM88262P10228,129,00025,434SHSOLE0 0 0 25,434
TRIUMPH FINANCIAL INCCOM89679E300593,0006,525SHSOLE0 0 0 6,525
TRUIST FINL CORPCOM89832Q109226,0005,200SHSOLE0 0 0 5,200
UBER TECHNOLOGIES INCCOM90353T1004,808,00079,700SHSOLE0 0 0 79,700
UNITED PARCEL SERVICE INCCL B9113121061,427,00011,319SHSOLE0 0 0 11,319
UNITED RENTALS INCCOM911363109225,000320SHSOLE0 0 0 320
VERIZON COMMUNICATIONS INCCOM92343V1041,170,00029,260SHSOLE0 0 0 29,260
VISTRA CORPCOM92840M1023,493,00025,337SHSOLE0 0 0 25,337
WALMART INCCOM9311421032,669,00029,536SHSOLE0 0 0 29,536
WELLS FARGO CO NEWCOM9497461011,150,00016,375SHSOLE0 0 0 16,375
WHIRLPOOL CORPCOM963320106930,0008,125SHSOLE0 0 0 8,125
WYNN RESORTS LTDCOM9831341074,581,00053,165SHSOLE0 0 0 53,165
XCEL ENERGY INCCOM98389B1001,762,00026,090SHSOLE0 0 0 26,090