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Portfolio (Quarterly) Guide ↗

HOWARD FINANCIAL SERVICES, LTD.

· CIK 0001768130
13F Portfolio $1.0B AUM 269 positions Filed Jul 7, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 56 New 114 Added 48 Reduced 10 Exited
Page 4 of 14  ·  269 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 CRWD CROWDSTRIKE HLDGS INC Technology 2,254.0 $1.7M 0.17% +78.0 +3.6% $190.79 +12.1%
62 WMT WALMART INC Consumer Defensive 14,487.0 $1.6M 0.16% +671.0 +4.9% $113.26 +0.9%
63 SOUTHSTATE BK CORP 16,149.0 $1.6M 0.16% $99.90
64 FNDA SCHWAB STRATEGIC TR 39,730.0 $1.5M 0.15% $38.06 +0.7%
65 META META PLATFORMS INC Communication Services 2,598.0 $1.5M 0.15% $563.23 +1.0%
66 CSCO CISCO SYS INC Technology 12,446.0 $1.5M 0.15% +1K +9.1% $117.46 -3.9%
67 GE GE AEROSPACE Industrials 3,893.0 $1.5M 0.14% +420.0 +12.1% $373.74 -1.2%
68 IBM INTERNATIONAL BUSINESS MACHS Technology 5,054.0 $1.4M 0.14% +260.0 +5.4% $281.18 -18.6%
69 MA MASTERCARD INCORPORATED Financial Services 2,637.0 $1.4M 0.14% +70.0 +2.7% $513.59 +9.5%
70 VNOM VIPER ENERGY INC Energy 31,744.0 $1.3M 0.13% $42.40 +1.5%
71 BSV VANGUARD BD INDEX FDS 17,044.0 $1.3M 0.13% -4K -19.0% $77.91 -0.4%
72 SMH VANECK ETF TRUST 2,021.0 $1.3M 0.13% +164.0 +8.8% $655.78 -9.4%
73 ABBV ABBVIE INC Healthcare 5,209.0 $1.3M 0.13% +1K +24.7% $251.63 -0.5%
74 DMLP DORCHESTER MINERALS L P Energy 51,649.0 $1.3M 0.13% $25.25 +11.3%
75 HBAN HUNTINGTON BANCSHARES INC Financial Services 73,456.0 $1.3M 0.13% +417.0 +0.6% $17.73 +1.2%
76 PANW PALO ALTO NETWORKS INC Technology 3,801.0 $1.3M 0.13% +1K +58.5% $341.02 +10.2%
77 VOO VANGUARD INDEX FDS 1,882.0 $1.3M 0.13% +938.0 +99.4% $686.73 +3.4%
78 BSM BLACK STONE MINERALS L P Energy 92,418.0 $1.3M 0.13% $13.97 +4.2%
79 GPIX GOLDMAN SACHS ETF TR 21,886.0 $1.2M 0.12% $55.57 +1.5%
80 OKE ONEOK INC NEW Energy 13,624.0 $1.2M 0.12% -480.0 -3.4% $86.94 +9.6%
Page 4 of 14  ·  269 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 41.0%
Financial Services 19.5%
Energy 12.3%
Consumer Cyclical 7.4%
Communication Services 5.0%
Healthcare 4.1%
Consumer Defensive 4.1%
Industrials 3.5%
Utilities 1.8%
Real Estate 0.7%