HOWARD FINANCIAL SERVICES, LTD.

CIK

1768130

Location

DALLAS, TX

Portfolio Value

Small $256,617,923

Diversification

Diversified

Filing Date

Global Rank

#88 / 295 ▲ 3965

Top Industry

Consumer Electronics 17.8%

3Y Alpha vs SPY

-1.9%

Period ended 9 days ago

Filed Jul 7, 2026 · 2d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+68.7%

SPY

+76.5%

Annualised alpha

-1.8%

Max drawdown

−20.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

175 positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

15.6%

−0.7 pts

Top 5

37.4%

−2.1 pts

Top 10

51.0%

−2.3 pts

HHI

439

Diversified−40

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	39.4%	$101,079,347	36
Unclassified	12.3%	$31,666,377	6
Energy	11.9%	$30,665,687	20
Financial Services	10.2%	$26,182,192	29
Consumer Cyclical	7.2%	$18,406,046	15
Industrials	4.7%	$11,968,319	18
Healthcare	4.1%	$10,644,392	17
Communication Services	4.0%	$10,243,711	7
Consumer Defensive	3.6%	$9,216,556	10
Real Estate	1.1%	$2,907,196	6
Utilities	0.7%	$1,827,434	5
Basic Materials	0.7%	$1,810,666	6

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
INTC	Intel Corp	+20,842	30,459	$4,252,990
EPD	Enterprise Products Partners L.P.	+5,670	139,438	$5,125,740
NLY	Annaly Capital Management Inc	+5,667	48,566	$1,085,935
SCHW	Schwab Charles Corp	+4,822	22,309	$2,058,451
ET	Energy Transfer LP	+4,347	201,504	$3,852,756
AMZN	Amazon Com Inc	+3,990	36,786	$8,767,575
BKNG	Booking Holdings Inc.	+3,606	3,746	$667,687
KMB	Kimberly Clark Corp	+3,479	6,169	$677,171
T	At&T Inc.	+3,232	18,403	$380,942
GOOGL	Alphabet Inc.	+2,927	17,727	$6,335,097
MPLX	Mplx LP	+2,838	48,413	$2,727,104
PLTR	Palantir Technologies Inc.	+2,598	16,403	$1,913,738
OSTX	OS Therapies Inc	+2,565	248,001	$471,201
EMR	Emerson Electric Co	+2,286	4,438	$635,299
KO	Coca Cola Co	+2,237	14,291	$1,161,429
AVGO	Broadcom Inc.	+2,161	18,322	$6,921,135
AGNC	AGNC Investment Corp.	+1,904	76,372	$832,454
UPS	United Parcel Service Inc	+1,558	5,559	$597,592
PFE	Pfizer Inc	+1,539	12,628	$304,082
PG	PROCTER & GAMBLE Co	+1,538	3,622	$531,130
IAU	Ishares Gold Trust	+1,433	6,023	$454,796
JNJ	Johnson & Johnson	+1,431	7,616	$1,934,235
PANW	Palo Alto Networks Inc	+1,403	3,801	$1,296,217
XOM	Exxon Mobil Corp	+1,178	21,313	$2,913,913
AAPL	Apple Inc.	+1,161	138,692	$40,131,917
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
UAMY	United States Antimony Corp	−197,320	50,711	$368,161
NBHC	National Bank Holdings Corp	−7,000	21,191	$941,516
NVDA	Nvidia Corp	−1,307	82,044	$16,416,183
LUV	Southwest Airlines Co	−1,292	21,615	$1,111,443
QQQ	Invesco Qqq Trust, Series 1	−830	16,641	$12,254,432
DELL	Dell Technologies Inc.	−665	1,650	$711,909
MO	Altria Group, Inc.	−550	8,895	$639,995
OKE	Oneok Inc /New/	−480	13,624	$1,184,470
MSFT	Microsoft Corp	−463	25,262	$9,423,231
CMG	Chipotle Mexican Grill Inc	−395	93,520	$3,179,680
PEP	Pepsico Inc	−374	15,202	$2,058,350
COF	Capital One Financial Corp	−267	1,242	$249,170
ICE	Intercontinental Exchange, Inc.	−248	1,635	$201,284
ISRG	Intuitive Surgical Inc	−218	904	$359,502
GLD	Spdr Gold Trust	−174	2,113	$778,386
EQT	EQT Corp	−145	4,975	$264,520
TMO	Thermo Fisher Scientific Inc.	−144	581	$291,290
NFLX	Netflix Inc	−113	11,367	$811,603
NOC	Northrop Grumman Corp /De/	−101	1,069	$544,452
RF	Regions Financial Corp	−85	8,035	$242,657
LMT	Lockheed Martin Corp	−54	438	$223,143
NEE	Nextera Energy Inc	−46	6,964	$611,230
BRK-B	Berkshire Hathaway Inc	−44	15,223	$7,617,436
YUM	Yum Brands Inc	−44	3,316	$530,095
BX	Blackstone Inc.	−41	1,948	$229,221
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
KLAC	Kla Corp	1,361	$410,627
AZN	Astrazeneca PLC	2,120	$401,994
DUK	Duke Energy CORP	2,901	$367,208
SO	Southern Co	3,308	$316,608
NOW	ServiceNow, Inc.	3,058	$303,598
WDC	Western Digital Corp	474	$302,753
DHI	Horton D R Inc /De/	1,782	$290,252
INTU	Intuit Inc.	1,088	$283,968
ENB	Enbridge Inc	5,134	$278,314
ADP	Automatic Data Processing Inc	1,169	$261,797
SHEL	Shell plc	3,316	$257,122
ANET	Arista Networks, Inc.	1,499	$254,650
CHY	Calamos Convertible & High Income Fund	18,651	$254,026
EGY	Vaalco Energy Inc /De/	49,167	$249,768
ELV	Elevance Health, Inc.	636	$245,960
LITE	Lumentum Holdings Inc.	284	$243,689
ADI	Analog Devices Inc	599	$237,904
SNDK	Sandisk Corp	102	$231,920
O	Realty Income Corp	3,727	$230,924
TFIN	Triumph Financial, Inc.	3,000	$228,930
QCOM	Qualcomm Inc/De	1,217	$224,889
MMM	3M Co	1,361	$220,359
OHI	Omega Healthcare Investors Inc	4,500	$214,560
FCX	Freeport-Mcmoran Inc	3,408	$214,329
EAT	Brinker International, Inc	1,264	$212,352
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
CRCL	Circle Internet Group, Inc.	2,883	$275,067
CME	Cme Group Inc.	849	$250,752
NOG	Northern Oil & Gas, Inc.	7,770	$227,117
PHYS	Sprott Physical Gold Trust	6,369	$225,717
HON	Honeywell International Inc	907	$215,007
PRT	PermRock Royalty Trust	28,741	$94,845
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

175 positions · $256,617,923 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 175 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	138,692	+1,161	$40,131,917	+15.0%	15.64%
SPY	Spdr S&P 500 ETF Trust	Added	23,788	+69	$17,764,164	+15.2%	6.92%
NVDA	Nvidia Corp Technology	Reduced	82,044	-1,307	$16,416,183	+12.9%	6.40%
QQQ	Invesco Qqq Trust, Series 1	Reduced	16,641	-830	$12,254,432	+21.5%	4.78%
MSFT	Microsoft Corp Technology	Reduced	25,262	-463	$9,423,231	−1.0%	3.67%
AMZN	Amazon Com Inc Consumer Cyclical	Added	36,786	+3,990	$8,767,575	+28.4%	3.42%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	15,223	-44	$7,617,436	+4.1%	2.97%
AVGO	Broadcom Inc. Technology	Added	18,322	+2,161	$6,921,135	+38.4%	2.70%
GOOGL	Alphabet Inc. Communication Services	Added	17,727	+2,927	$6,335,097	+48.9%	2.47%
EPD	Enterprise Products Partners L.P. Energy	Added	139,438	+5,670	$5,125,740	+1.3%	2.00%
SBR	Sabine Royalty Trust Energy	Added	68,187	+105	$4,991,288	−2.7%	1.95%
INTC	Intel Corp Technology	Added	30,459	+20,842	$4,252,990	+902.1%	1.66%
ET	Energy Transfer LP Energy	Added	201,504	+4,347	$3,852,756	+1.3%	1.50%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Reduced	93,520	-395	$3,179,680	+5.8%	1.24%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	6,449	+228	$3,079,848	+46.5%	1.20%
XOM	Exxon Mobil Corp Energy	Added	21,313	+1,178	$2,913,913	−14.7%	1.14%
MPLX	Mplx LP Energy	Added	48,413	+2,838	$2,727,104	+4.8%	1.06%
GEV	GE Vernova Inc. Industrials	Added	2,242	+870	$2,634,036	+119.9%	1.03%
MU	Micron Technology Inc Technology	Added	2,257	+4	$2,605,232	+242.3%	1.02%
JPM	Jpmorgan Chase & Co Financial Services	Added	7,710	+551	$2,523,714	+19.8%	0.98%
TSLA	Tesla, Inc. Consumer Cyclical	Added	5,123	+199	$2,154,733	+17.7%	0.84%
SCHW	Schwab Charles Corp Financial Services	Added	22,309	+4,822	$2,058,451	+25.3%	0.80%
PEP	Pepsico Inc Consumer Defensive	Reduced	15,202	-374	$2,058,350	−14.9%	0.80%
LLY	ELI LILLY & Co Healthcare	Added	1,693	+509	$2,030,635	+86.5%	0.79%
MRVL	Marvell Technology, Inc. Technology	Added	6,771	+710	$2,017,013	+236.0%	0.79%
JNJ	Johnson & Johnson Healthcare	Added	7,616	+1,431	$1,934,235	+27.9%	0.75%
PLTR	Palantir Technologies Inc. Technology	Added	16,403	+2,598	$1,913,738	−5.2%	0.75%
TPL	Texas Pacific Land Corp Energy	Reduced	4,056	-22	$1,775,067	−8.3%	0.69%
WMT	Walmart Inc. Consumer Defensive	Added	14,487	+671	$1,640,797	−4.4%	0.64%
SSB	SouthState Bank Corp Financial Services	Held	16,149	0	$1,613,285	+8.0%	0.63%
META	Meta Platforms, Inc. Communication Services	Added	2,598	+1	$1,463,427	−1.5%	0.57%
CSCO	Cisco Systems, Inc. Technology	Added	12,446	+1,035	$1,461,907	+65.1%	0.57%
GE	General Electric Co Industrials	Added	3,893	+420	$1,454,930	+47.6%	0.57%
IBM	International Business Machines Corp Technology	Added	5,054	+260	$1,421,235	+22.3%	0.55%
MA	Mastercard Inc Financial Services	Added	2,637	+70	$1,354,363	+5.6%	0.53%
VNOM	Viper Energy, Inc. Energy	Added	31,744	+6	$1,345,945	−9.8%	0.52%
ABBV	AbbVie Inc. Healthcare	Added	5,209	+1,032	$1,310,792	+44.3%	0.51%
DMLP	Dorchester Minerals, L.P. Energy	Added	51,649	+6	$1,304,137	−6.8%	0.51%
HBAN	Huntington Bancshares Inc /Md/ Financial Services	Added	73,456	+417	$1,302,374	+13.9%	0.51%
PANW	Palo Alto Networks Inc Technology	Added	3,801	+1,403	$1,296,217	+237.2%	0.51%
BSM	Black Stone Minerals, L.P. Energy	Added	92,418	+185	$1,291,079	−7.4%	0.50%
OKE	Oneok Inc /New/ Energy	Reduced	13,624	-480	$1,184,470	−7.1%	0.46%
KO	Coca Cola Co Consumer Defensive	Added	14,291	+2,237	$1,161,429	+26.7%	0.45%
MRK	Merck & Co., Inc. Healthcare	Added	8,945	+472	$1,149,432	+12.8%	0.45%
LUV	Southwest Airlines Co Industrials	Reduced	21,615	-1,292	$1,111,443	+29.1%	0.43%
NLY	Annaly Capital Management Inc Real Estate	Added	48,566	+5,667	$1,085,935	+19.7%	0.42%
AMD	Advanced Micro Devices Inc Technology	Added	1,868	+300	$1,085,139	+240.2%	0.42%
PM	Philip Morris International Inc. Consumer Defensive	Added	5,800	+344	$1,049,278	+16.3%	0.41%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	1,110	-16	$1,038,371	−7.5%	0.40%
BAC	Bank Of America Corp /De/ Financial Services	Added	17,206	+1,156	$980,397	+25.3%	0.38%