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Portfolio (Quarterly) Guide ↗

HOWARD FINANCIAL SERVICES, LTD.

· CIK 0001768130
13F Portfolio $888M AUM 223 positions Filed Apr 7, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 30 New 115 Added 33 Reduced 12 Exited
Page 4 of 6  ·  115 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 AGNC AGNC INVT CORP Real Estate 74,468.0 $747K 0.08% +2K +2.4% $10.03 +5.0%
62 AMGN AMGEN INC Healthcare 2,057.0 $724K 0.08% +121.0 +6.2% $351.87 -4.2%
63 MS MORGAN STANLEY Financial Services 4,344.0 $715K 0.08% +765.0 +21.4% $164.56 +22.5%
64 SMH VANECK ETF TRUST 1,857.0 $712K 0.08% +963.0 +107.7% $383.33 +55.5%
65 COP CONOCOPHILLIPS Energy 5,270.0 $696K 0.08% +2K +58.9% $131.99 -12.7%
66 JEPQ J P MORGAN EXCHANGE TRADED F 12,478.0 $693K 0.08% +85.0 +0.7% $55.52 +9.5%
67 NEE NEXTERA ENERGY INC Utilities 7,010.0 $651K 0.07% +2K +53.1% $92.89 -5.8%
68 HD HOME DEPOT INC Consumer Cyclical 1,954.0 $643K 0.07% +123.0 +6.7% $328.95 -3.3%
69 MO ALTRIA GROUP INC Consumer Defensive 9,445.0 $623K 0.07% +745.0 +8.6% $65.99 +9.3%
70 RTX RTX CORPORATION Industrials 3,130.0 $604K 0.07% +2K +117.7% $192.89 -8.0%
71 MRVL MARVELL TECHNOLOGY INC Technology 6,061.0 $600K 0.07% +49.0 +0.8% $99.05 +103.1%
72 UBER UBER TECHNOLOGIES INC Technology 8,277.0 $595K 0.07% +2K +30.1% $71.93 -1.6%
73 NSC NORFOLK SOUTHN CORP Industrials 1,841.0 $528K 0.06% +16.0 +0.9% $287.00 +13.3%
74 YUM YUM BRANDS INC Consumer Cyclical 3,360.0 $522K 0.06% +598.0 +21.6% $155.48 -2.5%
75 LEAD SIREN ETF TR 6,752.0 $518K 0.06% +355.0 +5.5% $76.70 +11.9%
76 QQQM INVESCO EXCH TRADED FD TR II 2,178.0 $517K 0.06% +56.0 +2.6% $237.60 +26.5%
77 ISRG INTUITIVE SURGICAL INC Healthcare 1,122.0 $517K 0.06% +149.0 +15.3% $460.99 -9.5%
78 WFC WELLS FARGO CO NEW Financial Services 6,466.0 $515K 0.06% +3K +85.4% $79.61 -4.5%
79 PPA INVESCO EXCHANGE TRADED FD T 3,102.0 $514K 0.06% +1K +84.0% $165.70 +5.4%
80 SHY ISHARES TR 5,653.0 $467K 0.05% +780.0 +16.0% $82.56 -0.4%
Page 4 of 6  ·  115 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 37.5%
Financial Services 20.4%
Energy 15.2%
Consumer Cyclical 7.5%
Communication Services 4.8%
Consumer Defensive 4.5%
Healthcare 3.6%
Industrials 3.1%
Basic Materials 1.7%
Utilities 1.1%