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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 1 of 2  ·  33 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 QUAL ISHARES TR 502,864.0 $96.5M 10.86% -5K -1.0% $191.81 +12.2%
2 SCHD SCHWAB STRATEGIC TR 1,945,292.0 $59.7M 6.72% -10K -0.5% $30.68 +6.2%
3 SJNK SPDR SERIES TRUST 744,257.0 $18.6M 2.09% -96K -11.4% $24.98 +0.4%
4 SPY SPDR S&P 500 ETF TR Financial Services 23,719.0 $15.4M 1.74% -827.0 -3.4% $650.33 +15.3%
5 CALF PACER FDS TR 180,235.0 $8.1M 0.91% -30K -14.3% $44.87 +9.6%
6 FPE FIRST TR EXCH TRADED FD III 353,732.0 $6.3M 0.71% -7K -1.9% $17.75 +1.3%
7 VTI VANGUARD INDEX FDS 11,051.0 $3.5M 0.40% -898.0 -7.5% $320.82 +15.1%
8 RODM LATTICE STRATEGIES TR 88,204.0 $3.5M 0.39% -6K -5.9% $39.42 +5.0%
9 XOM EXXON MOBIL CORP Energy 20,135.0 $3.4M 0.39% -168.0 -0.8% $169.66 -13.0%
10 FIXD FIRST TR EXCHNG TRADED FD VI 59,413.0 $2.6M 0.29% -3K -4.3% $43.59 -0.1%
11 SCHF SCHWAB STRATEGIC TR 101,050.0 $2.5M 0.28% -662.0 -0.7% $24.75 +11.6%
12 TSLA TESLA INC Consumer Cyclical 4,924.0 $1.8M 0.21% -1K -20.6% $371.75 +18.9%
13 IEFA ISHARES TR 18,983.0 $1.7M 0.19% -396.0 -2.0% $90.53 +8.2%
14 BSV VANGUARD BD INDEX FDS 21,046.0 $1.7M 0.19% -15K -41.2% $78.41 -0.5%
15 MA MASTERCARD INCORPORATED Financial Services 2,567.0 $1.3M 0.14% -72.0 -2.7% $499.63 -1.1%
16 GEV GE VERNOVA INC Utilities 1,372.0 $1.2M 0.14% -198.0 -12.6% $872.90 +20.3%
17 BIL SPDR SERIES TRUST 10,863.0 $995K 0.11% -31K -74.2% $91.64 -0.0%
18 GE GE AEROSPACE Industrials 3,473.0 $986K 0.11% -850.0 -19.7% $283.78 +11.8%
19 VOO VANGUARD INDEX FDS 944.0 $564K 0.06% -40.0 -4.1% $597.45 +15.4%
20 T AT&T INC Communication Services 15,171.0 $440K 0.05% -832.0 -5.2% $28.99 -13.6%
Page 1 of 2  ·  33 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%