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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 5 of 6  ·  115 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 WES WESTERN MIDSTREAM PARTNERS L Energy 11,179.0 $460K 0.05% +232.0 +2.1% $41.17 +8.1%
82 AXP AMERICAN EXPRESS CO Financial Services 1,495.0 $452K 0.05% +39.0 +2.7% $302.51 +3.3%
83 CAT CATERPILLAR INC Industrials 632.0 $447K 0.05% +74.0 +13.3% $707.91 +28.5%
84 EMLP FIRST TR EXCHANGE-TRADED FD 9,690.0 $423K 0.05% +1K +16.8% $43.66 +0.3%
85 TPYP TORTOISE CAPITAL SERIES TRUS 9,498.0 $402K 0.04% +83.0 +0.9% $42.36 +0.4%
86 JOUT JOHNSON OUTDOORS INC Consumer Cyclical 8,482.0 $395K 0.04% +58.0 +0.7% $46.51 -2.4%
87 UPS UNITED PARCEL SERVICE INC Industrials 4,001.0 $394K 0.04% +142.0 +3.7% $98.37 +6.2%
88 PANW PALO ALTO NETWORKS INC Technology 2,398.0 $384K 0.04% +187.0 +8.5% $160.32 +55.0%
89 CRM SALESFORCE INC Technology 1,999.0 $373K 0.04% +378.0 +23.3% $186.67 -4.9%
90 RSPG INVESCO EXCHANGE TRADED FD T 3,388.0 $371K 0.04% +37.0 +1.1% $109.49 -5.4%
91 NXPI NXP SEMICONDUCTORS N V Technology 1,862.0 $367K 0.04% +29.0 +1.6% $196.86 +67.2%
92 TMO THERMO FISHER SCIENTIFIC INC Healthcare 725.0 $356K 0.04% +175.0 +31.8% $491.20 -7.1%
93 GDX VANECK ETF TRUST 3,845.0 $353K 0.04% +122.0 +3.3% $91.76 -6.9%
94 GS GOLDMAN SACHS GROUP INC Financial Services 389.0 $329K 0.04% +21.0 +5.7% $846.38 +17.7%
95 EQT EQT CORP Energy 5,120.0 $326K 0.04% +120.0 +2.4% $63.64 -13.3%
96 AMD ADVANCED MICRO DEVICES INC Technology 1,568.0 $319K 0.04% +114.0 +7.8% $203.43 +143.6%
97 AEM AGNICO EAGLE MINES LTD Basic Materials 1,545.0 $314K 0.04% +190.0 +14.0% $202.98 -13.8%
98 PFE PFIZER INC Healthcare 11,089.0 $311K 0.04% +301.0 +2.8% $28.08 -6.7%
99 UNP UNION PAC CORP Industrials 1,267.0 $307K 0.04% +161.0 +14.6% $242.69 +15.1%
100 PG PROCTER AND GAMBLE CO Consumer Defensive 2,084.0 $301K 0.03% +476.0 +29.6% $144.42 +2.1%
Page 5 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%