HOWARD FINANCIAL SERVICES, LTD.
CIK 1768130 · View on SEC EDGAR ↗
- Portfolio value
- $1.0B
- Positions
- 269
- As of
- June 30, 2026
#2,456 of 9,443 by 13F value · top 26.0%
Portfolio value QoQ: +12.8% 13F does not disclose cash
- Top 10 holdings weight
- 48.38%
- Top 25 holdings weight
- 75.36%
- Positions above 1%
- 23
- Effective number of positions
- 28.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.02% Est. buys $55,492,606 · sells $19,113,664
Median holding: 6.0 quarters Tracked Q4 2024–Q2 2026 · 82.8% still held
- New positions
- 56
- Increased
- 137
- Decreased
- 52
- Closed
- 10
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
9.9%
Energy
3.1%
Retail
1.3%
Communication Services
1.2%
Industrials
1.2%
Healthcare
1.0%
Consumer Discretionary
0.9%
Financials
0.9%
Financial Services
0.7%
Consumer Staples
0.5%
Real Estate
0.3%
Communications
0.2%
Consumer products
0.2%
Utilities
0.2%
Materials
0.2%
Diversified Consumer Services
0.1%
Logistics & Transportation
0.1%
Telecommunication
0.1%
N/A
0.0%
Packaging
0.0%
Other/Unmapped
78.0%
Full portfolio 269 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| QUAL | $112,689,766 | 11.25% | 513,557 | $16,235,470 | Up ×1 | ||
| SCHD | $61,948,604 | 6.19% | 1,953,598 | $2,267,043 | Up ×1 | ||
| VIG | $47,464,679 | 4.74% | 200,595 | $4,316,030 | Down ×1 | ||
| AAPL Apple Inc. - Common Stock | $40,132,055 | 4.01% | 138,692 | $5,227,986 | Up ×2 | ||
| SPGP | $40,101,938 | 4.00% | 327,925 | $3,421,167 | Down ×1 | ||
| RSP | $39,873,830 | 3.98% | 187,403 | $2,965,471 | Down ×1 | ||
| DGRW WisdomTree U.S. Quality Dividend Growth Fund | $38,111,738 | 3.81% | 398,575 | $5,141,951 | Up ×6 | ||
| GTO | $37,477,148 | 3.74% | 799,598 | $1,487,419 | Up ×4 | ||
| HTRB | $34,283,195 | 3.42% | 1,016,250 | $946,852 | Up ×5 | ||
| PTRB | $32,410,759 | 3.24% | 781,736 | $41,899 | Up ×4 | ||
| SCHG | $27,637,346 | 2.76% | 816,706 | $6,868,012 | Up ×4 | ||
| IQLT | $25,617,499 | 2.56% | 517,003 | $3,588,754 | Up ×3 | ||
| RDVY First Trust Rising Dividend Achievers ETF | $24,291,032 | 2.43% | 299,667 | $4,619,293 | Up ×6 | ||
| FNDF | $23,808,747 | 2.38% | 451,265 | $3,503,700 | Up ×4 | ||
| ANGL VanEck Fallen Angel High Yield Bond ETF | $20,194,284 | 2.02% | 690,639 | $975,550 | Up ×6 | ||
| TOTL | $19,433,351 | 1.94% | 492,358 | $-1,868,655 | Down ×1 | ||
| VIGI Vanguard International Dividend Appreciation ETF | $18,431,651 | 1.84% | 197,383 | $1,935,457 | Up ×3 | ||
| XSOE | $18,330,123 | 1.83% | 372,715 | $4,823,113 | Up ×3 | ||
| SPY SPY | $17,763,900 | 1.77% | 23,788 | $2,338,702 | Up ×1 | ||
| SJNK | $16,770,679 | 1.67% | 670,023 | $-1,820,862 | Down ×3 | ||
| NVDA NVIDIA Corporation - Common Stock | $16,416,116 | 1.64% | 82,044 | $1,879,678 | Down ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $12,254,406 | 1.22% | 16,641 | $2,170,515 | Down ×1 | ||
| MOAT | $10,156,057 | 1.01% | 97,692 | $-199,862 | Down ×1 | ||
| VPLS Vanguard Core Plus Bond ETF | $9,723,326 | 0.97% | 125,340 | $3,017,460 | Up ×3 | ||
| MSFT Microsoft Corporation - Common Stock | $9,423,407 | 0.94% | 25,262 | $-99,390 | Down ×1 | ||
| CALF | $8,785,630 | 0.88% | 173,595 | $698,494 | Down ×6 | ||
| AMZN Amazon.com, Inc. - Common Stock | $8,767,600 | 0.88% | 36,786 | $1,937,167 | Up ×4 | ||
| BRKB | $7,617,437 | 0.76% | 15,223 | $301,491 | Down ×1 | ||
| JPST | $7,596,710 | 0.76% | 150,222 | $-3,568,478 | Down ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $6,921,315 | 0.69% | 18,322 | $1,919,375 | Up ×6 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $6,335,213 | 0.63% | 17,727 | $2,079,370 | Up ×4 | ||
| FPE | $6,100,256 | 0.61% | 341,178 | $-178,490 | Down ×6 | ||
| IVV | $5,466,355 | 0.55% | 7,299 | $980,980 | Up ×4 | ||
| EPD Enterprise Products Partners L.P. Common Stock | $5,125,723 | 0.51% | 139,438 | $63,948 | Up ×6 | ||
| SBR Sabine Royalty Trust Common Stock | $4,991,255 | 0.50% | 68,187 | $-114,899 | Up ×4 | ||
| INTC Intel Corporation - Common Stock | $4,252,998 | 0.42% | 30,459 | $3,828,597 | Up ×1 | ||
| VTI | $4,099,574 | 0.41% | 11,079 | $554,216 | Up ×1 | ||
| ET Energy Transfer LP Common Units | $3,852,759 | 0.38% | 201,504 | $47,628 | Up ×3 | ||
| RODM | $3,596,131 | 0.36% | 88,991 | $119,112 | Up ×1 | ||
| CMG Chipotle Mexican Grill, Inc. Common Stock | $3,179,680 | 0.32% | 93,520 | $173,461 | Down ×1 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $3,079,849 | 0.31% | 6,449 | $977,462 | Up ×4 | ||
| SCHE | $2,944,962 | 0.29% | 81,218 | $251,238 | Down ×2 | ||
| XOM Exxon Mobil Corporation Common Stock | $2,913,899 | 0.29% | 21,313 | $-502,159 | Up ×1 | ||
| MPLX MPLX LP Common Units Representing Limited Partner Interests | $2,727,127 | 0.27% | 48,413 | $126,142 | Up ×6 | ||
| GEV GE Vernova Inc. Common Stock | $2,634,375 | 0.26% | 2,242 | $1,436,752 | Up ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $2,604,677 | 0.26% | 2,257 | $1,843,518 | Up ×4 | ||
| SCHF | $2,539,437 | 0.25% | 91,676 | $38,451 | Down ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $2,523,870 | 0.25% | 7,710 | $417,943 | Up ×4 | ||
| FIXD First Trust Smith Opportunistic Fixed Income ETF | $2,477,434 | 0.25% | 56,809 | $-112,368 | Down ×6 | ||
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | $2,265,211 | 0.23% | 43,221 | $140,764 | Up ×5 | ||
| TSLA Tesla, Inc. - Common Stock | $2,154,734 | 0.22% | 5,123 | $324,237 | Up ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $2,099,444 | 0.21% | 5,942 | $337,465 | Down ×1 | ||
| SCHW Charles Schwab Corporation (The) Common Stock | $2,058,492 | 0.21% | 22,309 | $415,044 | Up ×6 | ||
| PEP PepsiCo, Inc. - Common Stock | $2,058,299 | 0.21% | 15,202 | $-360,446 | Down ×5 | ||
| LLY Eli Lilly and Company Common Stock | $2,030,435 | 0.20% | 1,693 | $941,022 | Up ×4 | ||
| MRVL Marvell Technology, Inc. - Common Stock | $2,017,085 | 0.20% | 6,771 | $1,416,767 | Up ×4 | ||
| JNJ Johnson & Johnson Common Stock | $1,934,259 | 0.19% | 7,616 | $422,518 | Up ×4 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $1,913,738 | 0.19% | 16,403 | $-105,657 | Up ×3 | ||
| IEFA | $1,828,572 | 0.18% | 18,933 | $109,997 | Down ×4 | ||
| TPL Texas Pacific Land Corporation Common Stock | $1,775,068 | 0.18% | 4,056 | $-160,188 | Down ×1 | ||
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $1,720,118 | 0.17% | 2,254 | $870,586 | Up ×3 | ||
| WMT Walmart Inc. - Common Stock | $1,640,800 | 0.16% | 14,487 | $-76,206 | Up ×4 | ||
| SSB SouthState Bank Corporation Common Stock | $1,613,285 | 0.16% | 16,149 | $119,180 | |||
| FNDA | $1,512,120 | 0.15% | 39,730 | $225,558 | Up ×6 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,463,280 | 0.15% | 2,598 | $-22,450 | Up ×3 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $1,461,956 | 0.15% | 12,446 | $576,549 | Up ×4 | ||
| GE GE Aerospace Common Stock | $1,454,956 | 0.15% | 3,893 | $469,404 | Up ×1 | ||
| IBM International Business Machines Corporation Common Stock | $1,421,099 | 0.14% | 5,054 | $259,032 | Up ×3 | ||
| MA Mastercard Incorporated Common Stock | $1,354,347 | 0.14% | 2,637 | $71,800 | Up ×1 | ||
| VNOM Viper Energy, Inc. - Class A Common Stock | $1,345,927 | 0.13% | 31,744 | $-145,428 | Up ×3 | ||
| BSV | $1,327,878 | 0.13% | 17,044 | $-322,336 | Down ×5 | ||
| SMH SMH | $1,325,324 | 0.13% | 2,021 | $613,484 | Up ×4 | ||
| ABBV AbbVie Inc. Common Stock | $1,310,720 | 0.13% | 5,209 | $402,186 | Up ×5 | ||
| DMLP Dorchester Minerals, L.P. - Common Units Representing Limited Partnership Interests | $1,304,133 | 0.13% | 51,649 | $-95,399 | Up ×6 | ||
| HBAN Huntington Bancshares Incorporated - Common Stock | $1,302,370 | 0.13% | 73,456 | $159,310 | Up ×1 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $1,296,217 | 0.13% | 3,801 | $911,770 | Up ×2 | ||
| VOO | $1,292,421 | 0.13% | 1,882 | $728,431 | Up ×1 | ||
| BSM Black Stone Minerals, L.P. Common units representing limited partner interests | $1,291,085 | 0.13% | 92,418 | $-103,475 | Up ×2 | ||
| GPIX Goldman Sachs S&P 500 Premium Income ETF | $1,216,199 | 0.12% | 21,886 | $124,496 | Up ×2 | ||
| OKE ONEOK, Inc. Common Stock | $1,184,471 | 0.12% | 13,624 | $-90,390 | Down ×1 | ||
| KO Coca-Cola Company (The) Common Stock | $1,161,469 | 0.12% | 14,291 | $244,762 | Up ×3 | ||
| CHAT | $1,160,872 | 0.12% | 11,764 | Up ×1 | |||
| MRK Merck & Company, Inc. Common Stock (new) | $1,149,417 | 0.11% | 8,945 | $130,214 | Up ×3 | ||
| SPDW | $1,130,584 | 0.11% | 22,437 | $106,350 | |||
| LUV Southwest Airlines Company Common Stock | $1,111,439 | 0.11% | 21,615 | $250,836 | Down ×1 | ||
| NLY Annaly Capital Management Inc. Common Stock | $1,085,931 | 0.11% | 48,566 | $178,627 | Up ×6 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $1,085,140 | 0.11% | 1,868 | $766,162 | Up ×2 | ||
| PM Philip Morris International Inc Common Stock | $1,049,213 | 0.10% | 5,800 | $147,187 | Up ×6 | ||
| COST Costco Wholesale Corporation - Common Stock | $1,038,580 | 0.10% | 1,110 | $-83,184 | Down ×1 | ||
| BIL | $980,713 | 0.10% | 10,702 | $-14,731 | Down ×2 | ||
| IJH | $980,604 | 0.10% | 12,717 | $123,207 | Up ×4 | ||
| BAC Bank of America Corporation Common Stock | $980,417 | 0.10% | 17,206 | $197,956 | Up ×6 | ||
| V Visa Inc. | $974,560 | 0.10% | 2,841 | $138,213 | Up ×4 | ||
| IEMG | $969,712 | 0.10% | 11,706 | $153,277 | Up ×1 | ||
| MS Morgan Stanley Common Stock | $967,494 | 0.10% | 4,628 | $252,639 | Up ×4 | ||
| GHC Graham Holdings Company Common Stock | $962,806 | 0.10% | 844 | $72,473 | Up ×6 | ||
| NBHC National Bank Holdings Corporation Common Stock | $941,516 | 0.09% | 21,191 | $-162,444 | Down ×1 | ||
| CVX Chevron Corporation Common Stock | $932,566 | 0.09% | 5,626 | $-135,999 | Up ×2 | ||
| VB | $929,723 | 0.09% | 3,067 | $126,500 | |||
| VO | $922,043 | 0.09% | 11,444 | $100,421 | Up ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| DGRW | $38,111,738 | 3.81% | up ×6 |
| GTO | $37,477,148 | 3.74% | up ×4 |
| HTRB | $34,283,195 | 3.42% | up ×5 |
| PTRB | $32,410,759 | 3.24% | up ×4 |
| SCHG | $27,637,346 | 2.76% | up ×4 |
| IQLT | $25,617,499 | 2.56% | up ×3 |
| RDVY | $24,291,032 | 2.43% | up ×6 |
| FNDF | $23,808,747 | 2.38% | up ×4 |
| ANGL | $20,194,284 | 2.02% | up ×6 |
| VIGI | $18,431,651 | 1.84% | up ×3 |
| XSOE | $18,330,123 | 1.83% | up ×3 |
| VPLS | $9,723,326 | 0.97% | up ×3 |
| AMZN | $8,767,600 | 0.88% | up ×4 |
| AVGO | $6,921,315 | 0.69% | up ×6 |
| GOOGL | $6,335,213 | 0.63% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| CHAT | $1,160,872 | 11,764 | 0.12% |
| SOXX | $879,274 | 1,372 | 0.09% |
| FTEC | $668,257 | 2,340 | 0.07% |
| IGPT | $664,604 | 6,384 | 0.07% |
| IQM | $532,024 | 4,284 | 0.05% |
| KLAC | $410,665 | 1,361 | 0.04% |
| AZN | $401,994 | 2,120 | 0.04% |
| DUK | $367,248 | 2,901 | 0.04% |
| USMV | $365,487 | 3,789 | 0.04% |
| DGRO | $358,763 | 4,734 | 0.04% |
| XLU | $333,068 | 7,346 | 0.03% |
| SO | $316,609 | 3,308 | 0.03% |
| WDC | $302,753 | 474 | 0.03% |
| DHI | $290,177 | 1,782 | 0.03% |
| INTU | $283,968 | 1,088 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| QUAL | Bought more | +11K | +$16.2M |
| SCHG | Bought more | +104K | +$6.9M |
| AAPL | Bought more | +1K | +$5.2M |
| DGRW | Bought more | +23K | +$5.1M |
| XSOE | Bought more | +36K | +$4.8M |
| RDVY | Bought more | +12K | +$4.6M |
| VIG | Trimmed | -40 | +$4.3M |
| IQLT | Bought more | +40K | +$3.6M |
| JPST | Trimmed | -70K | -$3.6M |
| FNDF | Bought more | +36K | +$3.5M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| IBTX | March 31, 2025 | 26,997 | $1,637,909 | No longer tracked |
| SSBXXXX | Dec. 31, 2025 | 16,149 | $1,596,652 | No longer tracked |
| JEPI | Dec. 31, 2025 | 20,757 | $1,185,197 | No longer tracked |
| VEA | June 30, 2025 | 22,680 | $1,152,833 | No longer tracked |
| BKLN | March 31, 2025 | 53,381 | $1,124,745 | No longer tracked |
| CADE | March 31, 2026 | 25,638 | $1,098,334 | No longer tracked |
| VNOMXXXX | Dec. 31, 2025 | 24,380 | $931,792 | No longer tracked |
| TQQQ | June 30, 2026 | 20,250 | $844,020 | |
| FNGG | Sept. 30, 2025 | 3,028 | $647,084 | No longer tracked |
| KOLD | June 30, 2025 | 28,000 | $547,960 | No longer tracked |
| SRLN | Sept. 30, 2025 | 11,480 | $477,453 | No longer tracked |
| BFST | Sept. 30, 2025 | 18,128 | $446,855 | 30.5% |
| MIDU | June 30, 2026 | 8,000 | $415,520 | No longer tracked |
| AZN | March 31, 2026 | 4,240 | $389,795 | -17.2% |
| TPYPXXXX | Sept. 30, 2025 | 10,726 | $383,228 | No longer tracked |
| VNQ | March 31, 2026 | 4,271 | $377,929 | No longer tracked |
| LMT | March 31, 2025 | 742 | $360,652 | 30.6% |
| VWO | June 30, 2025 | 7,730 | $349,881 | No longer tracked |
| FDN | March 31, 2025 | 1,386 | $337,034 | No longer tracked |
| SYK | June 30, 2025 | 904 | $336,514 | -14.1% |
| TMO | June 30, 2025 | 671 | $333,968 | 52.8% |
| PFE | March 31, 2025 | 11,922 | $316,292 | 9.8% |
| FANG | March 31, 2025 | 1,893 | $310,066 | 34.6% |
| SYFI | March 31, 2025 | 8,671 | $309,295 | No longer tracked |
| HON | March 31, 2025 | 1,360 | $307,246 | 10.9% |
| SMH | March 31, 2025 | 1,224 | $296,530 | 164.7% |
| GNR | June 30, 2025 | 5,536 | $294,786 | No longer tracked |
| PPA | March 31, 2025 | 2,490 | $285,653 | No longer tracked |
| HBI | Dec. 31, 2025 | 42,268 | $278,546 | No longer tracked |
| CRCL | June 30, 2026 | 2,883 | $275,067 | 30.1% |
| VXF | June 30, 2026 | 1,327 | $273,051 | No longer tracked |
| TFIN | March 31, 2025 | 3,000 | $272,640 | 27.4% |
| VB | June 30, 2025 | 1,225 | $271,704 | No longer tracked |
| SLV | June 30, 2025 | 8,624 | $267,258 | No longer tracked |
| SBUX | June 30, 2025 | 2,691 | $263,960 | 14.9% |
| UNH | June 30, 2025 | 498 | $260,911 | 25.8% |
| EMR | June 30, 2025 | 2,347 | $257,289 | 16.6% |
| TWO | Dec. 31, 2025 | 25,871 | $255,344 | No longer tracked |
| CME | June 30, 2026 | 849 | $250,655 | 21.9% |
| VZ | March 31, 2025 | 6,148 | $245,863 | 9.0% |
| ETN | Dec. 31, 2025 | 656 | $245,508 | 30.8% |
| AMP | June 30, 2025 | 504 | $244,023 | 4.4% |
| LULU | June 30, 2025 | 861 | $243,715 | -50.5% |
| ITW | June 30, 2025 | 965 | $239,227 | 14.8% |
| ADP | March 31, 2026 | 916 | $235,706 | 37.5% |
| SPEM | June 30, 2025 | 5,883 | $231,614 | No longer tracked |
| EAT | Sept. 30, 2025 | 1,264 | $227,937 | 80.4% |
| NOG | June 30, 2026 | 7,770 | $227,117 | 49.9% |
| EOG | March 31, 2025 | 1,849 | $226,599 | 19.3% |
| PHYS | June 30, 2026 | 6,369 | $225,717 | No longer tracked |
| DIS | March 31, 2026 | 1,980 | $225,289 | 12.1% |
| CHWY | March 31, 2026 | 6,712 | $221,832 | -13.0% |
| MET | March 31, 2025 | 2,698 | $220,912 | 17.3% |
| ADBE | June 30, 2025 | 575 | $220,530 | -29.2% |
| GRAL | March 31, 2026 | 2,570 | $219,966 | 44.6% |
| ELV | March 31, 2026 | 617 | $216,374 | 34.8% |
| IHI | March 31, 2026 | 3,479 | $216,235 | No longer tracked |
| ADBE | March 31, 2026 | 611 | $213,844 | 12.7% |
| VST | Dec. 31, 2025 | 1,085 | $212,573 | -13.0% |
| SHOP | March 31, 2025 | 1,969 | $209,364 | 52.9% |
| CRBN | March 31, 2026 | 907 | $209,091 | No longer tracked |
| APD | June 30, 2025 | 705 | $207,919 | 9.3% |
| SHV | Dec. 31, 2025 | 1,876 | $207,234 | |
| HON | June 30, 2026 | 907 | $205,034 | -1.2% |
| CABO | June 30, 2025 | 771 | $204,846 | -80.6% |
| NOG | Dec. 31, 2025 | 8,214 | $203,707 | 26.7% |
| PHYS | March 31, 2025 | 10,090 | $203,213 | No longer tracked |
| ESGD | June 30, 2025 | 2,474 | $202,103 | |
| MSTR | Dec. 31, 2025 | 621 | $200,092 | -26.2% |
| EZPW | Sept. 30, 2025 | 10,000 | $138,800 | 49.6% |
| TZA | Dec. 31, 2025 | 15,000 | $123,150 | No longer tracked |
| UVIX | Dec. 31, 2025 | 12,000 | $119,160 | No longer tracked |
| IWM | June 30, 2026 | 68,500 | $103,435 | No longer tracked |
| SOXS | March 31, 2026 | 33,000 | $103,290 | No longer tracked |
| LXPXXXX | June 30, 2025 | 11,416 | $98,748 | No longer tracked |
| PRT | June 30, 2026 | 28,741 | $95,133 | -0.4% |
| ULTY | Dec. 31, 2025 | 10,000 | $54,700 | No longer tracked |
| PMN | Dec. 31, 2025 | 26,042 | $11,068 | 111.6% |