Instuitional Investor - Concorde Financial Corp

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Sprott Physical Gold Trust	PHYS	843,297	$20,289,726	11.19%
2.	Texas Pacific Land Corp	TPL	14,198	$18,811,877	10.37%
3.	Black Stone Minerals L.p.	BSM	603,374	$9,213,519	5.08%
4.	Expand Energy Corp	EXE	72,444	$8,064,466	4.45%
5.	Jpmorgan Chase & Co	JPM	30,484	$7,477,625	4.12%