---
ticker: "TEXX"
name: "Listed Funds Trust - Horizon Kinetics Texas ETF"
url: "https://etf.net/etf/TEXX"
grade: "D"
score: 32
graded_at: "2026-10-12"
category: "US Active Equity"
category_rank: "109 of 127"
methodology: "https://etf.net/methodology"
---

# TEXX: Listed Funds Trust - Horizon Kinetics Texas ETF

Grade **D**, Score 32 of 100. Rank 109 of 127 in US Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 29 | 88 of 127 |
| Mission | Not scored | — |
| Risk | 57 | 48 of 126 |
| Tradability | 4 | 126 of 127 |
| Holdings | 43 | 90 of 124 |
| Durability | 34 | 110 of 127 |

## Top holdings

The fund holds 35 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | PBT | Permian Basin Royalty Trust | 9.38% |
| 2 | LB | Landbridge Co LLC | 7.60% |
| 3 | — | Us Bank Mmda - Usbgfs 7 06/01/2031 | 6.92% |
| 4 | FANG | Diamondback Energy Inc | 4.34% |
| 5 | TPL | Texas Pacific Land Corp | 4.19% |
| 6 | PWR | Quanta Services Inc | 3.80% |
| 7 | OXY | Occidental Petroleum Corp | 3.58% |
| 8 | SLB | SLB Ltd | 3.54% |
| 9 | COP | ConocoPhillips | 3.53% |
| 10 | EOG | EOG Resources Inc | 3.51% |
| 11 | WBI | WaterBridge Infrastructure LLC | 3.45% |
| 12 | XOM | ExxonMobil Holdings Corp | 3.41% |
| 13 | CVX | Chevron Corp | 3.36% |
| 14 | PAA | Plains All American Pipeline LP | 3.27% |
| 15 | FLR | Fluor Corp | 2.97% |
| 16 | ET | Energy Transfer LP | 2.95% |
| 17 | KMI | Kinder Morgan Inc | 2.93% |
| 18 | EPD | Enterprise Products Partners LP | 2.78% |
| 19 | SBR | Sabine Royalty Trust | 2.68% |
| 20 | VST | Vistra Corp | 2.58% |
| 21 | CNP | CenterPoint Energy Inc | 2.48% |
| 22 | KMB | Kimberly-Clark Corp | 2.41% |
| 23 | DHI | DR Horton Inc | 2.21% |
| 24 | CMC | Commercial Metals Co | 2.15% |
| 25 | LGIH | LGI Homes Inc | 2.06% |
| 26 | NRG | NRG Energy Inc | 1.81% |
| 27 | TPG | TPG Inc | 1.81% |
| 28 | GRBK | Green Brick Partners Inc | 1.49% |
| 29 | EROK | EagleRock Land LLC | 1.47% |
| 30 | LNG | Cheniere Energy Inc | 0.45% |

Source: etf.net, https://etf.net/etf/TEXX. Please cite the page URL.