The Securities and Exchange Commission has not necessarily
reviewed the information in this filing and has not determined
if it is accurate and complete.
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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 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | 512,394 | 3,303 | SH | SOLE | 3,303 | 0 | 0 | ||
| ALLIENT INC | COM | 019330109 | 228,402 | 2,219 | SH | SOLE | 2,219 | 0 | 0 | ||
| ALPHABET INC | CAP STK CL A | 02079K305 | 997,488 | 2,791 | SH | SOLE | 2,791 | 0 | 0 | ||
| ALPHABET INC | CAP STK CL C | 02079K107 | 499,962 | 1,415 | SH | SOLE | 1,415 | 0 | 0 | ||
| ALTA EQUIPMENT GROUP INC | COMMON STOCK | 02128L106 | 600,041 | 92,742 | SH | SOLE | 92,742 | 0 | 0 | ||
| AMERICAN INTL GROUP INC | COM NEW | 026874784 | 207,715 | 2,787 | SH | SOLE | 2,787 | 0 | 0 | ||
| AMRIZE LTD | SHS | H2927K103 | 879,237 | 16,496 | SH | SOLE | 16,496 | 0 | 0 | ||
| APPLE INC | COM | 037833100 | 423,358 | 1,463 | SH | SOLE | 1,463 | 0 | 0 | ||
| ATKORE INC | COM | 047649108 | 452,210 | 5,947 | SH | SOLE | 5,947 | 0 | 0 | ||
| AUTONATION INC | COM | 05329W102 | 667,358 | 3,592 | SH | SOLE | 3,592 | 0 | 0 | ||
| BANK OF AMER CORP | COM | 060505104 | 222,222 | 3,900 | SH | SOLE | 3,900 | 0 | 0 | ||
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | 1,497,700 | 2 | SH | SOLE | 2 | 0 | 0 | ||
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 14,297,143 | 28,572 | SH | SOLE | 28,572 | 0 | 0 | ||
| BOSTON OMAHA CORP | CL A COM STK | 101044105 | 1,308,008 | 95,895 | SH | SOLE | 95,895 | 0 | 0 | ||
| CANADIAN NAT RES LTD MED TER | COM | 136385101 | 3,959,125 | 100,231 | SH | SOLE | 100,231 | 0 | 0 | ||
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 | 2,855,291 | 32,952 | SH | SOLE | 32,952 | 0 | 0 | ||
| CHEVRON CORPORATION | COM | 166764100 | 218,400 | 1,318 | SH | SOLE | 1,318 | 0 | 0 | ||
| CORPORACION AMER ARPTS S A | COM | L1995B107 | 1,263,633 | 50,184 | SH | SOLE | 50,184 | 0 | 0 | ||
| CRANE COMPANY | COMMON STOCK | 224408104 | 782,753 | 3,509 | SH | SOLE | 3,509 | 0 | 0 | ||
| CRESUD S A C I F Y A | SPONSORED ADR | 226406106 | 586,036 | 52,278 | SH | SOLE | 52,278 | 0 | 0 | ||
| DINE BRANDS GLOBAL INC | COM | 254423106 | 1,080,805 | 30,106 | SH | SOLE | 30,106 | 0 | 0 | ||
| DORCHESTER MINERALS L P | COM UNIT | 25820R105 | 9,318,297 | 369,041 | SH | SOLE | 369,041 | 0 | 0 | ||
| EAGLE MATLS INC | COM | 26969P108 | 6,771,375 | 30,095 | SH | SOLE | 30,095 | 0 | 0 | ||
| ENBRIDGE INC | COM | 29250N105 | 1,468,983 | 27,098 | SH | SOLE | 27,098 | 0 | 0 | ||
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | 1,729,882 | 90,475 | SH | SOLE | 90,475 | 0 | 0 | ||
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | 6,337,424 | 172,400 | SH | SOLE | 172,400 | 0 | 0 | ||
| ESAB CORPORATION | COM | 29605J106 | 4,365,364 | 44,260 | SH | SOLE | 44,260 | 0 | 0 | ||
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 | 1,105,958 | 4,660 | SH | SOLE | 4,660 | 0 | 0 | ||
| FIRST TR EXCHANGE-TRADED FD | NASDQ CLN EDGE | 33737A108 | 1,591,909 | 8,302 | SH | SOLE | 8,302 | 0 | 0 | ||
| FRANCO NEV CORP | COM | 351858105 | 3,197,886 | 15,342 | SH | SOLE | 15,342 | 0 | 0 | ||
| FRONTVIEW REIT INC | COM | 35922N100 | 817,231 | 40,397 | SH | SOLE | 40,397 | 0 | 0 | ||
| FRP HLDGS INC | COM | 30292L107 | 1,772,091 | 70,912 | SH | SOLE | 70,912 | 0 | 0 | ||
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 | 3,356,142 | 63,228 | SH | SOLE | 63,228 | 0 | 0 | ||
| GRUPO AEROPORTUARIO DEL CENT | SPON ADR | 400501102 | 614,983 | 5,438 | SH | SOLE | 5,438 | 0 | 0 | ||
| HAGERTY INC | CL A COM | 405166109 | 304,258 | 25,525 | SH | SOLE | 25,525 | 0 | 0 | ||
| HAWAIIAN ELEC INDS INC MTN B | COM | 419870100 | 156,948 | 11,600 | SH | SOLE | 11,600 | 0 | 0 | ||
| HOME DEPOT INC | COM | 437076102 | 1,120,771 | 3,178 | SH | SOLE | 3,178 | 0 | 0 | ||
| HONEYWELL AEROSPACE INC | COM | 43849R105 | 2,670,425 | 12,079 | SH | SOLE | 12,079 | 0 | 0 | ||
| HONEYWELL INTL INC | COM | 438516205 | 2,713,220 | 12,118 | SH | SOLE | 12,118 | 0 | 0 | ||
| IMPERIAL OIL LTD | COM NEW | 453038408 | 589,561 | 5,263 | SH | SOLE | 5,263 | 0 | 0 | ||
| KINDER MORGAN INC DEL | COM | 49456B101 | 3,232,966 | 101,125 | SH | SOLE | 101,125 | 0 | 0 | ||
| KNIFE RIVER CORP | COMMON STOCK | 498894104 | 3,017,841 | 36,077 | SH | SOLE | 36,077 | 0 | 0 | ||
| LAMAR ADVERTISING CO | CL A | 512816109 | 757,907 | 4,859 | SH | SOLE | 4,859 | 0 | 0 | ||
| LEGACY HOUSING CORP | COM | 52472M101 | 1,080,091 | 41,115 | SH | SOLE | 41,115 | 0 | 0 | ||
| LINCOLN ELEC HLDGS INC | COM | 533900106 | 1,272,589 | 4,793 | SH | SOLE | 4,793 | 0 | 0 | ||
| LOCKHEED MARTIN CORP | COM | 539830109 | 4,013,126 | 7,877 | SH | SOLE | 7,877 | 0 | 0 | ||
| LOEWS CORP | COM | 540424108 | 264,232 | 2,334 | SH | SOLE | 2,334 | 0 | 0 | ||
| LOWES COS INC | COM | 548661107 | 1,449,060 | 6,572 | SH | SOLE | 6,572 | 0 | 0 | ||
| MERCADOLIBRE INC | COM | 58733R102 | 651,798 | 384 | SH | SOLE | 384 | 0 | 0 | ||
| MODIV INDUSTRIAL INC | COM STK CL C | 60784B101 | 2,108,219 | 121,162 | SH | SOLE | 121,162 | 0 | 0 | ||
| MURPHY USA INC | COM | 626755102 | 2,171,107 | 4,029 | SH | SOLE | 4,029 | 0 | 0 | ||
| NATIONAL PRESTO INDS INC | COM | 637215104 | 648,323 | 5,187 | SH | SOLE | 5,187 | 0 | 0 | ||
| NATURAL RESOURCE PARTNERS LP | COM UNIT LTD PAR | 63900P608 | 9,466,327 | 97,591 | SH | SOLE | 97,591 | 0 | 0 | ||
| NEWMONT CORP | COM | 651639106 | 408,812 | 4,377 | SH | SOLE | 4,377 | 0 | 0 | ||
| NEWMONT CORP | COM | 651639106 | 18,680 | 200 | SH | Call | SOLE | 200 | 0 | 0 | |
| ONEOK INC NEW | COM | 682680103 | 5,112,681 | 58,807 | SH | SOLE | 58,807 | 0 | 0 | ||
| OR ROYALTIES INC. | COM SHS | 68390D106 | 1,499,736 | 47,415 | SH | SOLE | 47,415 | 0 | 0 | ||
| OWENS CORNING NEW | COM | 690742101 | 615,016 | 3,869 | SH | SOLE | 3,869 | 0 | 0 | ||
| PENSKE AUTOMOTIVE GRP INC | COM | 70959W103 | 1,674,435 | 9,357 | SH | SOLE | 9,357 | 0 | 0 | ||
| PHILLIPS 66 | COM | 718546104 | 327,281 | 1,936 | SH | SOLE | 1,936 | 0 | 0 | ||
| PURSUIT ATTRACTIONS AND HOSP | COM | 92552R406 | 827,069 | 14,777 | SH | SOLE | 14,777 | 0 | 0 | ||
| QUALCOMM INC | COM | 747525103 | 1,481,744 | 8,019 | SH | SOLE | 8,019 | 0 | 0 | ||
| REXFORD INDL RLTY INC | COM | 76169C100 | 2,239,442 | 66,849 | SH | SOLE | 66,849 | 0 | 0 | ||
| ROYAL GOLD INC | COM | 780287108 | 4,438,927 | 22,238 | SH | SOLE | 22,238 | 0 | 0 | ||
| SAN JUAN BASIN RTY TR | UNIT BEN INT | 798241105 | 143,166 | 44,600 | SH | SOLE | 44,600 | 0 | 0 | ||
| SHERWIN WILLIAMS CO | COM | 824348106 | 202,116 | 587 | SH | SOLE | 587 | 0 | 0 | ||
| SKY HARBOUR GROUP CORPORATIO | *W EXP 01/25/202 | 83085C115 | 5,175 | 11,250 | SH | SOLE | 11,250 | 0 | 0 | ||
| SKY HARBOUR GROUP CORPORATIO | COM CL A | 83085C107 | 2,660,766 | 270,403 | SH | SOLE | 270,403 | 0 | 0 | ||
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 | 1,408,386 | 15,896 | SH | SOLE | 15,896 | 0 | 0 | ||
| SPDR SERIES TRUST | ST STR SP AERO | 78464A631 | 1,395,112 | 4,916 | SH | SOLE | 4,916 | 0 | 0 | ||
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 | 16,417,126 | 544,154 | SH | SOLE | 544,154 | 0 | 0 | ||
| SPROTT ASSET MANAGEMENT LP | PHYSICAL SILVER | 85207K107 | 322,111 | 17,070 | SH | SOLE | 17,070 | 0 | 0 | ||
| SPROTT INC | COM NEW | 852066208 | 376,710 | 3,353 | SH | SOLE | 3,353 | 0 | 0 | ||
| SS&C TECH HLDGS | COM | 78467J100 | 200,608 | 3,233 | SH | SOLE | 3,233 | 0 | 0 | ||
| ST JOE CO | COM | 790148100 | 855,213 | 13,655 | SH | SOLE | 13,655 | 0 | 0 | ||
| SUNCOR ENERGY INC NEW | COM | 867224107 | 6,144,428 | 114,464 | SH | SOLE | 114,464 | 0 | 0 | ||
| TC ENERGY CORP | COM | 87807B107 | 549,146 | 8,284 | SH | SOLE | 8,284 | 0 | 0 | ||
| TEXTRON INC | COM | 883203101 | 248,772 | 2,712 | SH | SOLE | 2,712 | 0 | 0 | ||
| TORTOISE ENERGY INFRSTRCTR C | COM | 89147L886 | 4,149,945 | 96,803 | SH | SOLE | 96,803 | 0 | 0 | ||
| TRANSPORTADORA DE GAS DEL SU | SPONSORED ADS B | 893870204 | 2,603,426 | 87,569 | SH | SOLE | 87,569 | 0 | 0 | ||
| TRIMBLE INC | COM | 896239100 | 968,274 | 18,919 | SH | SOLE | 18,919 | 0 | 0 | ||
| TRIPLE FLAG PRECIOUS METAL | COM | 89679M104 | 480,089 | 16,019 | SH | SOLE | 16,019 | 0 | 0 | ||
| UMH PPTYS INC | COM | 903002103 | 351,248 | 23,200 | SH | SOLE | 23,200 | 0 | 0 | ||
| VALARIS LTD | CL A | G9460G101 | 860,818 | 11,857 | SH | SOLE | 11,857 | 0 | 0 | ||
| VANECK MERK GOLD ETF | GOLD SHS | 921078101 | 2,845,588 | 73,739 | SH | SOLE | 73,739 | 0 | 0 | ||
| VERALTO CORP | COM SHS | 92338C103 | 302,310 | 3,409 | SH | SOLE | 3,409 | 0 | 0 | ||
| VOX ROYALTY CORP | COM | 92919F103 | 785,809 | 166,133 | SH | SOLE | 166,133 | 0 | 0 | ||
| WESCO INTL INC | COM | 95082P105 | 954,769 | 2,764 | SH | SOLE | 2,764 | 0 | 0 | ||
| WHEATON PRECIOUS METALS CORP | COM | 962879102 | 626,072 | 5,574 | SH | SOLE | 5,574 | 0 | 0 | ||
| WP CAREY INC | COM | 92936U109 | 2,917,486 | 40,804 | SH | SOLE | 40,804 | 0 | 0 | ||