Hodges Capital Management Inc.
Long book
$1.21B
Q1 2026
Positions
204
Top-10 weight
27%
concentration
Last quarter
+21.0%
SPY +14.8%
Turnover
24%
of book per quarter
Strategy in plain words
auto-generated from filingsHodges Capital Management Inc. is an institutional manager, running a $1.21B US long book across 204 positions.
The portfolio is moderately concentrated (top 10 ≈ 27% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: TEXAS PACIFIC LAND CORP, MATADOR RESOURCES CO, NVIDIA CORP, TERAWULF INC, SHARKNINJA INC.
Over the last 9 quarters its long book ran on average 0.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-3.0%
Q2 2024
+5.7%
Q3 2024
+1.3%
Q4 2024
-7.9%
Q1 2025
+8.7%
Q2 2025
+10.9%
Q3 2025
+1.7%
Q4 2025
+0.4%
Q1 2026
+21.0%
Sector allocation
Industrials 27%
Technology 20%
Financials 17%
Consumer discretionary 10%
Energy 6%
Services media 5%
Other 5%
Materials 4%
Long book by quarter
What does Hodges Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TPL TEXAS PACIFIC LAND CORP | Financials | 105.3K | $50.0M | 4.1% | +1.0% |
| MTDR MATADOR RESOURCES CO | Energy | 607.3K | $38.4M | 3.2% | +11.2% |
| NVDA NVIDIA CORP | Technology | 213.1K | $37.2M | 3.1% | +0.4% |
| WULF TERAWULF INC | Financials | 2.5M | $36.1M | 3.0% | -12.7% |
| SN SHARKNINJA INC | Industrials | 280.9K | $29.7M | 2.5% | -8.1% |
| EXP EAGLE MATERIALS INC | Industrials | 149.0K | $28.2M | 2.3% | +9.5% |
| FCX FREEPORT-MCMORAN INC | Materials | 467.6K | $27.5M | 2.3% | -4.5% |
| UBER UBER TECHNOLOGIES INC | Services media | 362.9K | $26.1M | 2.2% | +0.1% |
| BANC BANC OF CALIFORNIA INC | Financials | 1.5M | $25.7M | 2.1% | +5.6% |
| POWL POWELL INDUSTRIES INC | Industrials | 40.8K | $22.1M | 1.8% | -21.2% |
| MU MICRON TECHNOLOGY INC | Technology | 62.5K | $21.1M | 1.7% | -31.4% |
| GEO GEO GROUP INC/THE | Industrials | 1.1M | $19.0M | 1.6% | +103.7% |
| DKNG DRAFTKINGS INC-CL A | Services media | 864.6K | $18.7M | 1.5% | +19.9% |
| ASO ACADEMY SPORTS & OUTDOORS IN | Consumer discretionary | 322.2K | $18.2M | 1.5% | +17.3% |
| CLF CLEVELAND-CLIFFS INC | Materials | 2.1M | $18.1M | 1.5% | -7.1% |
| CMC COMMERCIAL METALS CO | Industrials | 257.7K | $15.8M | 1.3% | +10.3% |
| FWRG FIRST WATCH RESTAURANT GROUP | Consumer discretionary | 1.5M | $15.5M | 1.3% | +113.7% |
| VIK VIKING HOLDINGS LTD | Industrials | 208.1K | $15.3M | 1.3% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 71.7K | $14.9M | 1.2% | -1.8% |
| AMAT APPLIED MATERIALS INC | Technology | 43.7K | $14.9M | 1.2% | +2673.8% |
| EXE EXPAND ENERGY CORP | Energy | 134.1K | $14.7M | 1.2% | +16.5% |
| AAPL APPLE INC | Technology | 55.7K | $14.1M | 1.2% | +1.8% |
| YOU CLEAR SECURE INC -CLASS A | Technology | 286.7K | $13.9M | 1.1% | +39.4% |
| TSLA TESLA INC | Industrials | 36.2K | $13.5M | 1.1% | -1.5% |
| TCBI TEXAS CAPITAL BANCSHARES INC | Financials | 138.7K | $13.2M | 1.1% | +14.0% |
| GIL GILDAN ACTIVEWEAR INC | Other | 236.3K | $13.2M | 1.1% | +15.2% |
| CRS CARPENTER TECHNOLOGY | Industrials | 33.2K | $13.1M | 1.1% | +6.2% |
| NVGS NAVIGATOR HOLDINGS LTD | Industrials | 661.8K | $12.8M | 1.1% | +19.6% |
| WMT WALMART INC | Consumer discretionary | 102.6K | $12.7M | 1.1% | -1.6% |
| TMHC TAYLOR MORRISON HOME CORP | Industrials | 212.2K | $12.4M | 1.0% | +9.2% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 83.5K | $12.2M | 1.0% | -20.6% |
| ONON ON HOLDING AG-CLASS A | Other | 354.7K | $12.1M | 1.0% | -3.9% |
| OZK BANK OZK | — | 251.6K | $11.5M | 1.0% | -25.1% |
| TSEM TOWER SEMICONDUCTOR LTD | Technology | 65.5K | $11.5M | 1.0% | +1.2% |
| FDX FEDEX CORP | Industrials | 30.9K | $11.0M | 0.9% | +183.2% |
| BA BOEING CO/THE | Industrials | 55.0K | $11.0M | 0.9% | +40.7% |
| OKE ONEOK INC | Utilities | 120.3K | $10.9M | 0.9% | -23.1% |
| HD HOME DEPOT INC | Consumer discretionary | 33.0K | $10.9M | 0.9% | +7.5% |
| MSFT MICROSOFT CORP | Technology | 28.4K | $10.5M | 0.9% | -46.1% |
| DOCN DIGITALOCEAN HOLDINGS INC | Technology | 122.0K | $10.5M | 0.9% | New |
| JPM JPMORGAN CHASE & CO | Financials | 34.2K | $10.1M | 0.8% | -0.2% |
| KEX KIRBY CORP | Industrials | 71.7K | $9.5M | 0.8% | -31.7% |
| MXL MAXLINEAR INC | Technology | 547.7K | $9.5M | 0.8% | +15.3% |
| WHR WHIRLPOOL CORP | Industrials | 176.4K | $9.5M | 0.8% | +18.6% |
| RH RH | Consumer discretionary | 66.4K | $9.3M | 0.8% | -2.7% |
| AVGO BROADCOM INC | Technology | 29.7K | $9.2M | 0.8% | +25.4% |
| CRCL CIRCLE INTERNET GROUP INC | Financials | 95.5K | $9.1M | 0.8% | New |
| C CITIGROUP INC | Financials | 76.8K | $8.7M | 0.7% | +10.6% |
| HALO HALOZYME THERAPEUTICS INC | Healthcare | 134.7K | $8.7M | 0.7% | +18.8% |
| CAT CATERPILLAR INC | Industrials | 12.1K | $8.6M | 0.7% | -9.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 28, 2026 | 204 | $1.21B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 200 | $1.16B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 207 | $1.17B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 7, 2025 | 209 | $1.04B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ARESTATEMENT | Jun 2, 2025 | 207 | $1.00B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 16, 2025 | 207 | $1.55B | SEC ↗ | |
| Q4 2024 | 13F-HR | Jan 24, 2025 | 421799 | $1.67B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 15, 2024 | 220 | $1.56B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 218 | $1.49B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 16, 2024 | 220 | $1.57B | $K fixed canonical | SEC ↗ |
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