Latest HOWARD FINANCIAL SERVICES, LTD. Stock Portfolio

HOWARD FINANCIAL SERVICES, LTD. Performance:

2025 Q1: -1.83%YTD: -1.83%2024: 5.58%

Performance for 2025 Q1 is -1.83%, and YTD is -1.83%, and 2024 is 5.58%.

About HOWARD FINANCIAL SERVICES, LTD. and 13F Hedge Fund Stock Holdings

HOWARD FINANCIAL SERVICES, LTD. is a hedge fund based in DALLAS, TX. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $988.5 Millions. In it's latest 13F Holdings report, HOWARD FINANCIAL SERVICES, LTD. reported an equity portfolio of $760.7 Millions as of 30 Jun, 2025.

The top stock holdings of HOWARD FINANCIAL SERVICES, LTD. are IBCE, FNDA, VIG. The fund has invested 11.9% of it's portfolio in ISHARES TR and 7.1% of portfolio in SCHWAB STRATEGIC TR.

The fund managers got completely rid off VANGUARD TAX-MANAGED FDS (VEA), PROSHARES TR II (BOIL) and VANGUARD INTL EQUITY INDEX F (VEU) stocks. They significantly reduced their stock positions in ISHARES TR (IJR), BLACKSTONE INC (BX) and AUTOMATIC DATA PROCESSING IN (ADP). HOWARD FINANCIAL SERVICES, LTD. opened new stock positions in SCHWAB STRATEGIC TR (FNDA), COREWEAVE INC and SSGA ACTIVE ETF TR (GAL). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (AAXJ), TWO HBRS INVT CORP (TWO) and ANNALY CAPITAL MANAGEMENT IN (NLY).

HOWARD FINANCIAL SERVICES, LTD. Annual Return Estimates Vs S&P 500

Our best estimate is that HOWARD FINANCIAL SERVICES, LTD. made a return of -1.83% in the last quarter. In trailing 12 months, it's portfolio return was 1.88%.

New Buys

Ticker	$ Bought
schwab strategic tr	8,467,880
coreweave inc	489,180
ssga active etf tr	477,453
oracle corp	319,459
microstrategy inc	250,218
vaneck etf trust	246,940
direxion shs etf tr	244,590
invesco exchange traded fd t	235,614

New stocks bought by HOWARD FINANCIAL SERVICES, LTD.

Additions

Ticker	% Inc.
ishares tr	157
two hbrs invt corp	54.56
annaly capital management in	34.27
enterprise prods partners l	23.87
agnc invt corp	23.8
proshares tr	23.48
spdr ser tr	22.9
direxion shs etf tr	18.24

Additions to existing portfolio by HOWARD FINANCIAL SERVICES, LTD.

Reductions

Ticker	% Reduced
ishares tr	-81.21
blackstone inc	-78.9
automatic data processing in	-53.89
texas instrs inc	-48.17
northrop grumman corp	-38.37
vaneck etf trust	-36.68
nextera energy inc	-35.25
first tr exchng traded fd vi	-33.82

HOWARD FINANCIAL SERVICES, LTD. reduced stake in above stock

Sold off

Ticker	$ Sold
proshares tr ii	-547,960
vanguard tax-managed fds	-1,152,830
lxp industrial trust	-98,748
ishares silver tr	-267,258
vanguard intl equity index f	-349,881
spdr index shs fds	-231,614
spdr index shs fds	-294,786
starbucks corp	-263,960

HOWARD FINANCIAL SERVICES, LTD. got rid off the above stocks

Sector Distribution

HOWARD FINANCIAL SERVICES, LTD. has about 78.2% of it's holdings in Others sector.

Sector	%
Others	78.2
Technology	12.5
Energy	2.4
Consumer Cyclical	2
Financial Services	1.4

Market Cap. Distribution

HOWARD FINANCIAL SERVICES, LTD. has about 15.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	78.2
MEGA-CAP	10.9
MID-CAP	5.6
LARGE-CAP	4.8

Stocks belong to which Index?

About 19.6% of the stocks held by HOWARD FINANCIAL SERVICES, LTD. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	80.4
S&P 500	14.2
RUSSELL 2000	5.4

Top 5 Winners (%)		%
PM	philip morris intl inc	26.6 %
EZPW	ezcorp inc	20.5 %
GE	ge aerospace	19.9 %
AMGN	amgen inc	19.3 %
GLD	spdr gold tr	18.9 %

Top 5 Winners ($)		$
EPD	enterprise prods partners l	0.3 M
XOM	exxon mobil corp	0.2 M
MPLX	mplx lp	0.2 M
PM	philip morris intl inc	0.2 M
AMGN	amgen inc	0.1 M

Top 5 Losers (%)		%
MRVL	marvell technology inc	-43.1 %
GCI	gannett co inc	-42.9 %
TSLA	tesla inc	-35.4 %
AVGO	broadcom inc	-27.6 %
CABO	cable one inc	-26.4 %

Top 5 Losers ($)		$
AAPL	apple inc	-3.8 M
NVDA	nvidia corporation	-2.1 M
MSFT	microsoft corp	-1.1 M
JAMF	wisdomtree tr	-1.1 M
CMG	chipotle mexican grill inc	-0.9 M

HOWARD FINANCIAL SERVICES, LTD. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of HOWARD FINANCIAL SERVICES, LTD.

HOWARD FINANCIAL SERVICES, LTD. has 182 stocks in it's portfolio. About 53.3% of the portfolio is in top 10 stocks. AAPL proved to be the most loss making stock for the portfolio. EPD was the most profitable stock for HOWARD FINANCIAL SERVICES, LTD. last quarter.

Last Reported on: 02 Jul, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	IBCE	ishares tr	11.94	496,946	90,851,700	added	2.53
Historical Trend of ISHARES TR Position Held By HOWARD FINANCIAL SERVICES, LTD. What % of Portfolio is IBCE?: Number of IBCE shares held: Change in No. of Shares Held:
	FNDA	schwab strategic tr	7.08	2,032,070	53,849,900	reduced	-1.98

	VIG	vanguard specialized funds	4.97	184,727	37,808,100	reduced	-0.59

	CSD	invesco exchange traded fd t	4.90	346,178	37,283,400	reduced	-2.32

	CSD	invesco exchange traded fd t	4.75	198,745	36,119,900	reduced	-0.39

	GSY	invesco actively managed exc	4.39	711,727	33,372,900	reduced	-0.43

	HCOM	hartford fds exchange traded	3.94	885,861	30,004,100	added	2.01

	JAMF	wisdomtree tr	3.68	334,379	28,000,900	added	11.54

	PAB	pgim etf tr	3.66	664,849	27,810,600	reduced	-0.65

	AAPL	apple inc	3.57	132,520	27,189,200	reduced	-1.82

	BIL	spdr ser tr	2.82	842,349	21,463,100	added	4.76

	GAL	ssga active etf tr	2.78	526,422	21,114,800	added	2.27

	ACWF	ishares tr	2.51	441,385	19,076,700	added	0.06

	AFK	vaneck etf trust	2.13	552,880	16,188,300	added	6.42

	VIGI	vanguard whitehall fds	2.02	170,741	15,387,200	added	1.04

	FNDA	schwab strategic tr	1.98	376,251	15,057,600	reduced	-1.25

	SPY	spdr s&p 500 etf tr	1.94	23,850	14,735,500	added	3.1

	AIRR	first tr exchange traded fd	1.75	212,224	13,314,900	added	3.6

	NVDA	nvidia corporation	1.62	77,993	12,322,000	reduced	-3.74

	AFTY	pacer fds tr	1.51	289,065	11,509,100	reduced	-24.8