First Dallas Securities 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

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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
AbbVie Inc	COM	00287y109	2,370	25,709	SH		SOLE		0	0	25,709
Ameren Corp	COM	023608102	640	9,811	SH		SOLE		0	0	9,811
American Airlines Group Inc	COM	02376r102	2,021	62,963	SH		SOLE		0	0	62,963
American Electric Power Inc	COM	025537101	312	4,175	SH		SOLE		0	0	4,175
Apple Inc	COM	037833100	468	2,968	SH		SOLE		0	0	2,968
Applied Materials Inc	COM	038222105	413	12,600	SH		SOLE		0	0	12,600
Archer Daniels Midland Co	COM	039483102	234	5,700	SH		SOLE		0	0	5,700
At Home Group Inc	COM	04650y100	335	17,950	SH		SOLE		0	0	17,950
AT&T Inc	COM	00206r102	2,076	72,737	SH		SOLE		0	0	72,737
Atmos Energy Corp	COM	049560105	1,977	21,324	SH		SOLE		0	0	21,324
Bank America Corp	COM	060505104	2,538	103,016	SH		SOLE		0	0	103,016
Berkshire Hathaway Inc Cl A	COM	084670108	306	1	SH		SOLE		0	0	1
Berkshire Hathaway Inc Cl B	COM	084670702	214	1,050	SH		SOLE		0	0	1,050
Boeing Co	COM	097023105	5,149	15,965	SH		SOLE		0	0	15,965
Boston Scientific Corp	COM	101137107	553	15,650	SH		SOLE		0	0	15,650
Capital Senior Living Corp	COM	140475104	116	17,000	SH		SOLE		0	0	17,000
Caterpillar Inc	COM	149123101	665	5,230	SH		SOLE		0	0	5,230
Century Communities Inc	COM	156504300	210	12,150	SH		SOLE		0	0	12,150
CF Industries Holdings Inc	COM	125269100	216	4,962	SH		SOLE		0	0	4,962
Chevron Corp	COM	166764100	337	3,095	SH		SOLE		0	0	3,095
Cinemark Holdings Inc	COM	17243v102	1,368	38,200	SH		SOLE		0	0	38,200
Cisco Systems Inc	COM	17275r102	1,431	33,014	SH		SOLE		0	0	33,014
Citigroup Inc	COM	172967424	516	9,904	SH		SOLE		0	0	9,904
Cleveland Cliffs Inc	COM	185899101	823	107,000	SH		SOLE		0	0	107,000
Coca-Cola Co	COM	191216100	407	8,597	SH		SOLE		0	0	8,597
Commercial Metals Co	COM	201723103	3,088	192,748	SH		SOLE		0	0	192,748
Comstock Resources Inc	COM	205768302	217	47,956	SH		SOLE		0	0	47,956
ConocoPhillips	COM	20825c104	227	3,648	SH		SOLE		0	0	3,648
Costco Wholesale Corp	COM	22160k105	699	3,430	SH		SOLE		0	0	3,430
CVS Health Corp	COM	126650100	472	7,208	SH		SOLE		0	0	7,208
Delta Air Lines Inc	COM	247361702	1,032	20,695	SH		SOLE		0	0	20,695
Disney Walt Co Disney	COM	254687106	220	2,005	SH		SOLE		0	0	2,005
Dowdupont Inc	COM	26078j100	350	6,540	SH		SOLE		0	0	6,540
Duke Energy Corp	COM	26441c204	1,424	16,500	SH		SOLE		0	0	16,500
Eagle Materials Inc	COM	26969p108	1,947	31,903	SH		SOLE		0	0	31,903
Encore Wire Corp	COM	292562105	1,008	20,096	SH		SOLE		0	0	20,096
Exxon Mobil Corp	COM	30231g102	2,334	34,227	SH		SOLE		0	0	34,227
Facebook Inc Cl A	COM	30303m102	267	2,035	SH		SOLE		0	0	2,035
Falcon Minerals Corp Cl A	COM	30607b109	272	32,000	SH		SOLE		0	0	32,000
FedEx Corp	COM	31428x106	921	5,708	SH		SOLE		0	0	5,708
Freeport-McMoran Inc Cl B	COM	35671d857	125	12,096	SH		SOLE		0	0	12,096
General Motors Co	COM	37045v100	1,047	31,298	SH		SOLE		0	0	31,298
Halliburton Co	COM	406216101	256	9,623	SH		SOLE		0	0	9,623
Helmerich & Payne Inc	COM	423452101	1,230	25,651	SH		SOLE		0	0	25,651
Home Depot Inc	COM	437076102	1,116	6,498	SH		SOLE		0	0	6,498
Honeywell Intl Inc	COM	438516106	482	3,650	SH		SOLE		0	0	3,650
Intel Corp	COM	458140100	1,248	26,598	SH		SOLE		0	0	26,598
International Paper Co	COM	460146103	3,743	92,757	SH		SOLE		0	0	92,757
Intrusion Inc	COM	46121e205	179	46,950	SH		SOLE		0	0	46,950
Johnson & Johnson	COM	478160104	3,421	26,511	SH		SOLE		0	0	26,511
JPMorgan Chase & Co	COM	46625h100	942	9,654	SH		SOLE		0	0	9,654
Kraft Heinz Co	COM	500754106	1,131	26,279	SH		SOLE		0	0	26,279
Legacy TX Financial Group Inc	COM	52471y106	548	17,075	SH		SOLE		0	0	17,075
Lowes Cos Inc	COM	548661107	206	2,225	SH		SOLE		0	0	2,225
Lyon William Homes Cl A	COM	552074700	140	13,100	SH		SOLE		0	0	13,100
Matador Resources Co	COM	576485205	401	25,785	SH		SOLE		0	0	25,785
Merck & Co Inc	COM	58933y105	614	8,036	SH		SOLE		0	0	8,036
Micron Technology Inc	COM	595112103	558	17,450	SH		SOLE		0	0	17,450
Microsoft Corp	COM	594918104	450	4,435	SH		SOLE		0	0	4,435
Norwegian Cruise Line Holdings	COM	g66721104	303	7,150	SH		SOLE		0	0	7,150
NXP Semiconductors NV	COM	n6596x109	267	3,650	SH		SOLE		0	0	3,650
Oneok Inc	COM	682680103	2,075	38,450	SH		SOLE		0	0	38,450
Owens Corning New	COM	690742101	211	4,800	SH		SOLE		0	0	4,800
Parsley Energy Inc Cl A	COM	701877102	206	12,900	SH		SOLE		0	0	12,900
Paypal Holdings Inc	COM	70450y103	383	4,550	SH		SOLE		0	0	4,550
Penney J C Inc	COM	708160106	16	15,000	SH		SOLE		0	0	15,000
Procter And Gamble Co	COM	742718109	742	8,065	SH		SOLE		0	0	8,065
Southern Co	COM	842587107	626	14,258	SH		SOLE		0	0	14,258
Southwest Airlines Co	COM	844741108	2,482	53,400	SH		SOLE		0	0	53,400
Summit Materials Inc Cl A	COM	86614u100	248	20,001	SH		SOLE		0	0	20,001
Texas Instruments Inc	COM	882508104	373	3,949	SH		SOLE		0	0	3,949
Texas Pac Ld Tr Sub Ctf Prop I	COM	882610108	12,587	23,238	SH		SOLE		0	0	23,238
Trinity Industries Inc	COM	896522109	325	15,774	SH		SOLE		0	0	15,774
Triumph Bancorp Inc	COM	89679e300	1,488	50,100	SH		SOLE		0	0	50,100
United Continental Holdings In	COM	910047109	396	4,725	SH		SOLE		0	0	4,725
United States Steel Corp	COM	912909108	1,669	91,528	SH		SOLE		0	0	91,528
US Concrete Inc	COM	90333l201	2,268	64,274	SH		SOLE		0	0	64,274
Verizon Communications Inc	COM	92343v104	2,346	41,727	SH		SOLE		0	0	41,727
Vistra Energy Corp	COM	92840m102	386	16,850	SH		SOLE		0	0	16,850
Wal-Mart Stores Inc	COM	931142103	1,468	15,761	SH		SOLE		0	0	15,761
Xcel Energy Inc	COM	98389b100	2,580	52,352	SH		SOLE		0	0	52,352
RLJ Lodging Tr Cum Conv Pfd A	PFD	74965l200	210	8,500	SH		SOLE		0	0	8,500
BP PLC Sp ADR	ADR	055622104	416	10,973	SH		SOLE		0	0	10,973
Toyota Motor Corp Sp ADR 2	ADR	892331307	247	2,125	SH		SOLE		0	0	2,125
Hodges Blue Chip Equity Income	MTF	742935174	4,247	303,163	SH		SOLE		0	0	303,163
Hodges Fund	MTF	742935109	10,643	358,227	SH		SOLE		0	0	358,227
Hodges Fund Institutional	MTF	742935232	227	7,481	SH		SOLE		0	0	7,481
Hodges Pure Contrarian	MTF	742935158	1,018	111,101	SH		SOLE		0	0	111,101
Hodges Small-Mid Cap Fund	MTF	74316j326	1,324	131,670	SH		SOLE		0	0	131,670
Hodges Small Cap Fund	MTF	742935299	960	61,761	SH		SOLE		0	0	61,761
Invesco Inv Treas Inv Prmr Gov	MTF	00142w843	133	132,851	SH		SOLE		0	0	132,851
Blackstone Group LP	LTP	09253u108	726	24,364	SH		SOLE		0	0	24,364
Energy Transfer LP	LTP	29273v100	192	14,530	SH		SOLE		0	0	14,530
Enlink Midstream LLC Unit Rep	LTP	29336t100	1,925	202,807	SH		SOLE		0	0	202,807
GEO Group Inc	RET	36162j106	2,965	150,513	SH		SOLE		0	0	150,513
Global Med REIT Inc	RET	37954a204	180	20,250	SH		SOLE		0	0	20,250
Ryman Hospitality Properties I	RET	78377t107	2,832	42,459	SH		SOLE		0	0	42,459
Ventas Inc	RET	92276f100	285	4,859	SH		SOLE		0	0	4,859