Baker Ellis Asset Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

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

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M CO	COM	88579Y101	584	3,925	SH		SOLE		0	0	3,925
ABBOTT LABS	COM	002824100	203	1,716	SH		SOLE		0	0	1,716
ABBVIE INC	COM	00287Y109	1,300	8,019	SH		SOLE		0	0	8,019
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	317	940	SH		SOLE		0	0	940
ADVANCED MICRO DEVICES INC	COM	007903107	207	1,893	SH		SOLE		0	0	1,893
AGNICO EAGLE MINES LTD	COM	008474108	286	4,676	SH		SOLE		0	0	4,676
ALBEMARLE CORP	COM	012653101	816	3,692	SH		SOLE		0	0	3,692
ALLIANCEBERNSTEIN HLDG L P	UNIT LTD PARTN	01881G106	282	6,000	SH		SOLE		0	0	6,000
ALPHABET INC	CAP STK CL C	02079K107	9,404	3,367	SH		SOLE		0	0	3,367
ALPHABET INC	CAP STK CL A	02079K305	3,163	1,137	SH		SOLE		0	0	1,137
AMAZON COM INC	COM	023135106	2,546	781	SH		SOLE		0	0	781
AMERCO	COM	023586100	307	515	SH		SOLE		0	0	515
AMERICAN CENTY ETF TR	INTL SMCP VLU	025072802	219	3,500	SH		SOLE		0	0	3,500
APPLE INC	COM	037833100	8,731	50,001	SH		SOLE		0	0	50,001
ARCHER DANIELS MIDLAND CO	COM	039483102	5,245	58,112	SH		SOLE		0	0	58,112
ARMADA HOFFLER PPTYS INC	COM	04208T108	351	24,010	SH		SOLE		0	0	24,010
ATLAS CORP	SHARES	Y0436Q109	557	37,966	SH		SOLE		0	0	37,966
AUTOMATIC DATA PROCESSING IN	COM	053015103	746	3,280	SH		SOLE		0	0	3,280
BALL CORP	COM	058498106	1,431	15,904	SH		SOLE		0	0	15,904
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	6,876	13	SH		SOLE		0	0	13
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	20,890	59,193	SH		SOLE		0	0	59,193
BK OF AMERICA CORP	COM	060505104	388	9,405	SH		SOLE		0	0	9,405
BLACK STONE MINERALS L P	COM UNIT	09225M101	296	22,000	SH		SOLE		0	0	22,000
BOEING CO	COM	097023105	246	1,285	SH		SOLE		0	0	1,285
BOISE CASCADE CO DEL	COM	09739D100	806	11,600	SH		SOLE		0	0	11,600
BOXED INC	COM	103174108	121	11,940	SH		SOLE		0	0	11,940
BP PLC	SPONSORED ADR	055622104	3,450	117,338	SH		SOLE		0	0	117,338
BRISTOL-MYERS SQUIBB CO	COM	110122108	562	7,696	SH		SOLE		0	0	7,696
BRUNSWICK CORP	COM	117043109	4,340	53,656	SH		SOLE		0	0	53,656
CANADIAN NATL RY CO	COM	136375102	215	1,600	SH		SOLE		0	0	1,600
CARRIER GLOBAL CORPORATION	COM	14448C104	383	8,353	SH		SOLE		0	0	8,353
CENOVUS ENERGY INC	COM	15135U109	400	24,000	SH		SOLE		0	0	24,000
CHEVRON CORP NEW	COM	166764100	1,130	6,939	SH		SOLE		0	0	6,939
CISCO SYS INC	COM	17275R102	326	5,850	SH		SOLE		0	0	5,850
CLARUS CORP NEW	COM	18270P109	340	14,941	SH		SOLE		0	0	14,941
CLOROX CO DEL	COM	189054109	209	1,500	SH		SOLE		0	0	1,500
COMCAST CORP NEW	CL A	20030N101	1,368	29,214	SH		SOLE		0	0	29,214
CORNING INC	COM	219350105	210	5,700	SH		SOLE		0	0	5,700
COSTCO WHSL CORP NEW	COM	22160K105	7,575	13,155	SH		SOLE		0	0	13,155
DEERE & CO	COM	244199105	989	2,380	SH		SOLE		0	0	2,380
DELL TECHNOLOGIES INC	CL C	24703L202	221	4,410	SH		SOLE		0	0	4,410
DISCOVER FINL SVCS	COM	254709108	4,360	39,568	SH		SOLE		0	0	39,568
DISH NETWORK CORPORATION	CL A	25470M109	325	10,280	SH		SOLE		0	0	10,280
DISNEY WALT CO	COM	254687106	4,723	34,437	SH		SOLE		0	0	34,437
DOMINION ENERGY INC	COM	25746U109	219	2,575	SH		SOLE		0	0	2,575
DRIVE SHACK INC	COM	262077100	137	88,850	SH		SOLE		0	0	88,850
DUKE ENERGY CORP NEW	COM NEW	26441C204	283	2,531	SH		SOLE		0	0	2,531
EDWARDS LIFESCIENCES CORP	COM	28176E108	507	4,309	SH		SOLE		0	0	4,309
ENCORE WIRE CORP	COM	292562105	5,099	44,699	SH		SOLE		0	0	44,699
EVERSOURCE ENERGY	COM	30040W108	911	10,333	SH		SOLE		0	0	10,333
EXPONENT INC	COM	30214U102	1,413	13,080	SH		SOLE		0	0	13,080
EXXON MOBIL CORP	COM	30231G102	273	3,300	SH		SOLE		0	0	3,300
FEDEX CORP	COM	31428X106	324	1,400	SH		SOLE		0	0	1,400
FIDELITY MERRIMACK STR TR	TOTAL BD ETF	316188309	6,372	128,019	SH		SOLE		0	0	128,019
FISERV INC	COM	337738108	4,666	46,019	SH		SOLE		0	0	46,019
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	3,815	46,041	SH		SOLE		0	0	46,041
FORD MTR CO DEL	COM	345370860	382	22,600	SH		SOLE		0	0	22,600
GARRETT MOTION INC	COM	366505105	2,064	287,012	SH		SOLE		0	0	287,012
GENERAL MTRS CO	COM	37045V100	370	8,450	SH		SOLE		0	0	8,450
GLOBAL SELF STORAGE INC	COM	37955N106	78	14,000	SH		SOLE		0	0	14,000
GOLDMAN SACHS ETF TR	ACTIVEBETA INT	381430107	10,422	318,420	SH		SOLE		0	0	318,420
GOLDMAN SACHS ETF TR	ACCES TREASURY	381430529	959	9,600	SH		SOLE		0	0	9,600
GOLDMAN SACHS GROUP INC	COM	38141G104	2,433	7,370	SH		SOLE		0	0	7,370
GXO LOGISTICS INCORPORATED	COMMON STOCK	36262G101	2,024	28,377	SH		SOLE		0	0	28,377
HANESBRANDS INC	COM	410345102	249	16,740	SH		SOLE		0	0	16,740
HIGHWOODS PPTYS INC	COM	431284108	631	13,800	SH		SOLE		0	0	13,800
HOME DEPOT INC	COM	437076102	1,649	5,509	SH		SOLE		0	0	5,509
HONDA MOTOR LTD	AMERN SHS	438128308	456	16,150	SH		SOLE		0	0	16,150
HONEYWELL INTL INC	COM	438516106	4,214	21,656	SH		SOLE		0	0	21,656
HOST HOTELS & RESORTS INC	COM	44107P104	751	38,657	SH		SOLE		0	0	38,657
INGLES MKTS INC	CL A	457030104	3,903	43,830	SH		SOLE		0	0	43,830
INTEL CORP	COM	458140100	310	6,260	SH		SOLE		0	0	6,260
INVESCO CURRENCYSHARES EURO	EURO SHS	46138K103	205	2,000	SH		SOLE		0	0	2,000
INVESCO CURRENCYSHARES SWISS	SWISS FRANC	46138R108	340	3,500	SH		SOLE		0	0	3,500
INVESCO EXCHANGE TRADED FD T	S&P500 EQL WGT	46137V357	2,927	18,559	SH		SOLE		0	0	18,559
INVESCO EXCHANGE TRADED FD T	FTSE RAFI 1000	46137V613	9,889	57,877	SH		SOLE		0	0	57,877
INVESCO QQQ TR	UNIT SER 1	46090E103	2,707	7,468	SH		SOLE		0	0	7,468
INVESTORS TITLE CO NC	COM	461804106	523	2,575	SH		SOLE		0	0	2,575
IRON MTN INC NEW	COM	46284V101	5,942	107,228	SH		SOLE		0	0	107,228
ISHARES GOLD TR	ISHARES NEW	464285204	239	6,500	SH		SOLE		0	0	6,500
ISHARES INC	MSCI EMRG CHN	46434G764	253	4,350	SH		SOLE		0	0	4,350
ISHARES TR	RUS 1000 ETF	464287622	288	1,150	SH		SOLE		0	0	1,150
ISHARES TR	RUS MID CAP ETF	464287499	427	5,476	SH		SOLE		0	0	5,476
ISHARES TR	SHORT TREAS BD	464288679	263	2,390	SH		SOLE		0	0	2,390
ISHARES TR	RUS MDCP VAL ETF	464287473	491	4,107	SH		SOLE		0	0	4,107
ISHARES TR	MSCI EAFE MIN VL	46429B689	2,037	28,230	SH		SOLE		0	0	28,230
ISHARES TR	GLOBAL ENERG ETF	464287341	513	14,200	SH		SOLE		0	0	14,200
ISHARES TR	1 3 YR TREAS BD	464287457	1,046	12,552	SH		SOLE		0	0	12,552
ISHARES TR	RUS 1000 VAL ETF	464287598	263	1,587	SH		SOLE		0	0	1,587
ISHARES TR	GLOB INDSTRL ETF	464288729	221	1,900	SH		SOLE		0	0	1,900
ISHARES TR	CORE MSCI TOTAL	46432F834	11,646	174,912	SH		SOLE		0	0	174,912
ISHARES TR	MSCI USA QLT FCT	46432F339	202	1,500	SH		SOLE		0	0	1,500
ISHARES TR	EAFE SML CP ETF	464288273	808	12,180	SH		SOLE		0	0	12,180
ITT INC	COM	45073V108	1,070	14,230	SH		SOLE		0	0	14,230
J P MORGAN EXCHANGE-TRADED F	ULTRA SHT MUNCPL	46641Q654	4,507	89,010	SH		SOLE		0	0	89,010
J P MORGAN EXCHANGE-TRADED F	ULTRA SHRT INC	46641Q837	1,459	29,018	SH		SOLE		0	0	29,018
JANUS DETROIT STR TR	HENDERSON MTG	47103U852	1,457	29,193	SH		SOLE		0	0	29,193
JOHN BEAN TECHNOLOGIES CORP	COM	477839104	1,180	9,960	SH		SOLE		0	0	9,960
JOHN HANCOCK EXCHANGE TRADED	MULTIFACTOR MI	47804J206	11,212	213,364	SH		SOLE		0	0	213,364
JOHNSON & JOHNSON	COM	478160104	6,727	37,957	SH		SOLE		0	0	37,957
JPMORGAN CHASE & CO	COM	46625H100	6,126	44,936	SH		SOLE		0	0	44,936
KIMCO RLTY CORP	COM	49446R109	2,869	116,155	SH		SOLE		0	0	116,155
KROGER CO	COM	501044101	4,957	86,403	SH		SOLE		0	0	86,403
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	5,845	22,169	SH		SOLE		0	0	22,169
LAM RESEARCH CORP	COM	512807108	7,134	13,270	SH		SOLE		0	0	13,270
LIMONEIRA CO	COM	532746104	206	14,050	SH		SOLE		0	0	14,050
LINDE PLC	SHS	G5494J103	262	820	SH		SOLE		0	0	820
LISTED FD TR	HORIZON KINETICS	53656F623	1,341	40,270	SH		SOLE		0	0	40,270
LOCKHEED MARTIN CORP	COM	539830109	223	505	SH		SOLE		0	0	505
LOUISIANA PAC CORP	COM	546347105	10,552	169,872	SH		SOLE		0	0	169,872
LUXFER HOLDINGS PLC	SHS	G5698W116	249	14,800	SH		SOLE		0	0	14,800
MARRIOTT INTL INC NEW	CL A	571903202	281	1,600	SH		SOLE		0	0	1,600
MARTEN TRANS LTD	COM	573075108	257	14,462	SH		SOLE		0	0	14,462
MATSON INC	COM	57686G105	1,156	9,580	SH		SOLE		0	0	9,580
MERCK & CO INC	COM	58933Y105	841	10,250	SH		SOLE		0	0	10,250
META PLATFORMS INC	CL A	30303M102	350	1,575	SH		SOLE		0	0	1,575
MICROSOFT CORP	COM	594918104	17,944	58,202	SH		SOLE		0	0	58,202
MID-AMER APT CMNTYS INC	COM	59522J103	3,430	16,375	SH		SOLE		0	0	16,375
MOLSON COORS BEVERAGE CO	CL B	60871R209	406	7,600	SH		SOLE		0	0	7,600
NAUTILUS INC	COM	63910B102	501	121,613	SH		SOLE		0	0	121,613
NEWS CORP NEW	CL B	65249B208	743	33,000	SH		SOLE		0	0	33,000
NEXTERA ENERGY INC	COM	65339F101	945	11,155	SH		SOLE		0	0	11,155
NIKE INC	CL B	654106103	2,312	17,185	SH		SOLE		0	0	17,185
NORDSTROM INC	COM	655664100	1,882	69,433	SH		SOLE		0	0	69,433
NORFOLK SOUTHN CORP	COM	655844108	456	1,600	SH		SOLE		0	0	1,600
NORTHROP GRUMMAN CORP	COM	666807102	4,787	10,703	SH		SOLE		0	0	10,703
NOVARTIS AG	SPONSORED ADR	66987V109	1,217	13,869	SH		SOLE		0	0	13,869
ORACLE CORP	COM	68389X105	455	5,504	SH		SOLE		0	0	5,504
OSHKOSH CORP	COM	688239201	617	6,133	SH		SOLE		0	0	6,133
OTIS WORLDWIDE CORP	COM	68902V107	241	3,138	SH		SOLE		0	0	3,138
PEPSICO INC	COM	713448108	6,941	41,470	SH		SOLE		0	0	41,470
PFIZER INC	COM	717081103	579	11,182	SH		SOLE		0	0	11,182
PHILLIPS 66	COM	718546104	719	8,319	SH		SOLE		0	0	8,319
PIMCO EQUITY SER	RAFI DYN ML US	72202L363	7,934	192,040	SH		SOLE		0	0	192,040
PIMCO ETF TR	ENHNCD LW DUR AC	72201R718	3,079	31,572	SH		SOLE		0	0	31,572
PINNACLE WEST CAP CORP	COM	723484101	4,205	53,841	SH		SOLE		0	0	53,841
PINTEREST INC	CL A	72352L106	383	15,565	SH		SOLE		0	0	15,565
PORTLAND GEN ELEC CO	COM NEW	736508847	4,744	86,025	SH		SOLE		0	0	86,025
POTLATCHDELTIC CORPORATION	COM	737630103	503	9,535	SH		SOLE		0	0	9,535
PPL CORP	COM	69351T106	383	13,407	SH		SOLE		0	0	13,407
PREFORMED LINE PRODS CO	COM	740444104	216	3,400	SH		SOLE		0	0	3,400
PRICE T ROWE GROUP INC	COM	74144T108	257	1,700	SH		SOLE		0	0	1,700
PROCTER AND GAMBLE CO	COM	742718109	492	3,222	SH		SOLE		0	0	3,222
PROLOGIS INC.	COM	74340W103	1,897	11,750	SH		SOLE		0	0	11,750
RAYONIER INC	COM	754907103	751	18,260	SH		SOLE		0	0	18,260
RAYTHEON TECHNOLOGIES CORP	COM	75513E101	5,513	55,651	SH		SOLE		0	0	55,651
RUSH ENTERPRISES INC	CL B	781846308	205	4,250	SH		SOLE		0	0	4,250
SALEM MEDIA GROUP INC	CL A	794093104	39	11,400	SH		SOLE		0	0	11,400
SCHWAB STRATEGIC TR	SCHWAB FDT US LG	808524771	398	6,800	SH		SOLE		0	0	6,800
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	14,330	181,646	SH		SOLE		0	0	181,646
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	2,091	34,448	SH		SOLE		0	0	34,448
SCHWAB STRATEGIC TR	SCHWB FDT INT SC	808524748	269	7,600	SH		SOLE		0	0	7,600
SEABOARD CORP DEL	COM	811543107	416	99	SH		SOLE		0	0	99
SHELL PLC	SPON ADS	780259305	731	13,300	SH		SOLE		0	0	13,300
SKECHERS U S A INC	CL A	830566105	4,233	103,863	SH		SOLE		0	0	103,863
SMUCKER J M CO	COM NEW	832696405	1,359	10,039	SH		SOLE		0	0	10,039
SONOCO PRODS CO	COM	835495102	732	11,705	SH		SOLE		0	0	11,705
SPDR GOLD TR	GOLD SHS	78463V107	1,721	9,527	SH		SOLE		0	0	9,527
SPDR S&P 500 ETF TR	TR UNIT	78462F103	2,542	5,628	SH		SOLE		0	0	5,628
SPROTT PHYSICAL GOLD TR	UNIT	85207H104	484	31,500	SH		SOLE		0	0	31,500
SPROTT PHYSICAL SILVER TR	TR UNIT	85207K107	114	13,000	SH		SOLE		0	0	13,000
STARBUCKS CORP	COM	855244109	583	6,411	SH		SOLE		0	0	6,411
STARWOOD PPTY TR INC	COM	85571B105	1,250	51,700	SH		SOLE		0	0	51,700
STELLANTIS N.V	SHS	N82405106	1,654	101,636	SH		SOLE		0	0	101,636
STRYKER CORPORATION	COM	863667101	5,689	21,280	SH		SOLE		0	0	21,280
TARGET CORP	COM	87612E106	4,238	19,971	SH		SOLE		0	0	19,971
TETRA TECHNOLOGIES INC DEL	COM	88162F105	115	28,000	SH		SOLE		0	0	28,000
TMC THE METALS COMPANY INC	COM	87261Y106	52	20,262	SH		SOLE		0	0	20,262
TOTALENERGIES SE	SPONSORED ADS	89151E109	654	12,950	SH		SOLE		0	0	12,950
TRICON RESIDENTIAL INC	COM NPV	89612W102	349	22,000	SH		SOLE		0	0	22,000
UBS GROUP AG	SHS	H42097107	459	23,500	SH		SOLE		0	0	23,500
UGI CORP NEW	COM	902681105	208	5,750	SH		SOLE		0	0	5,750
UNION PAC CORP	COM	907818108	4,825	17,662	SH		SOLE		0	0	17,662
UNITED PARCEL SERVICE INC	CL B	911312106	742	3,460	SH		SOLE		0	0	3,460
UNITEDHEALTH GROUP INC	COM	91324P102	617	1,209	SH		SOLE		0	0	1,209
UNIVAR SOLUTIONS INC	COM	91336L107	672	20,900	SH		SOLE		0	0	20,900
URSTADT BIDDLE PPTYS INC	CL A	917286205	1,395	74,185	SH		SOLE		0	0	74,185
URSTADT BIDDLE PPTYS INC	COM	917286106	567	32,682	SH		SOLE		0	0	32,682
US BANCORP DEL	COM NEW	902973304	478	9,000	SH		SOLE		0	0	9,000
VANECK ETF TRUST	FALLEN ANGEL HG	92189F437	859	28,251	SH		SOLE		0	0	28,251
VANECK MERK GOLD TR	GOLD TRUST	921078101	885	47,000	SH		SOLE		0	0	47,000
VANGUARD BD INDEX FDS	SHORT TRM BOND	921937827	600	7,700	SH		SOLE		0	0	7,700
VANGUARD INDEX FDS	REAL ESTATE ETF	922908553	1,404	12,953	SH		SOLE		0	0	12,953
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	61,116	268,442	SH		SOLE		0	0	268,442
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	3,454	20,851	SH		SOLE		0	0	20,851
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	10,773	25,948	SH		SOLE		0	0	25,948
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	1,802	10,242	SH		SOLE		0	0	10,242
VANGUARD INDEX FDS	MCAP VL IDXVIP	922908512	319	2,130	SH		SOLE		0	0	2,130
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	794	17,205	SH		SOLE		0	0	17,205
VANGUARD INTL EQUITY INDEX F	FTSE SMCAP ETF	922042718	568	4,581	SH		SOLE		0	0	4,581
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	1,655	28,735	SH		SOLE		0	0	28,735
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	4,270	42,159	SH		SOLE		0	0	42,159
VANGUARD WHITEHALL FDS	HIGH DIV YLD	921946406	17,653	157,265	SH		SOLE		0	0	157,265
VANGUARD WORLD FD	MEGA CAP INDEX	921910873	3,274	20,586	SH		SOLE		0	0	20,586
VANGUARD WORLD FDS	ENERGY ETF	92204A306	687	6,415	SH		SOLE		0	0	6,415
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	1,164	12,460	SH		SOLE		0	0	12,460
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	3,711	14,590	SH		SOLE		0	0	14,590
VANGUARD WORLD FDS	UTILITIES ETF	92204A876	1,489	9,200	SH		SOLE		0	0	9,200
VANGUARD WORLD FDS	INF TECH ETF	92204A702	17,010	40,843	SH		SOLE		0	0	40,843
VERIZON COMMUNICATIONS INC	COM	92343V104	4,223	82,910	SH		SOLE		0	0	82,910
VISA INC	COM CL A	92826C839	1,225	5,524	SH		SOLE		0	0	5,524
VMWARE INC	CL A COM	928563402	2,060	18,094	SH		SOLE		0	0	18,094
WALMART INC	COM	931142103	1,105	7,419	SH		SOLE		0	0	7,419
WASTE MGMT INC DEL	COM	94106L109	1,179	7,436	SH		SOLE		0	0	7,436
WEYERHAEUSER CO MTN BE	COM NEW	962166104	6,748	178,050	SH		SOLE		0	0	178,050
WHIRLPOOL CORP	COM	963320106	251	1,450	SH		SOLE		0	0	1,450
WISDOMTREE TR	INTL SMCAP DIV	97717W760	501	7,300	SH		SOLE		0	0	7,300
WISDOMTREE TR	EMG MKTS SMCAP	97717W281	11,713	219,759	SH		SOLE		0	0	219,759
WOODWARD INC	COM	980745103	1,427	11,425	SH		SOLE		0	0	11,425
WORLD GOLD TR	SPDR GLD MINIS	98149E204	2,389	62,100	SH		SOLE		0	0	62,100