Latest HOWARD FINANCIAL SERVICES, LTD. Stock Portfolio

HOWARD FINANCIAL SERVICES, LTD. Performance:

2025 Q4: 0.08%YTD: 8.11%2024: 0.1%

Performance for 2025 Q4 is 0.08%, and YTD is 8.11%, and 2024 is 0.1%.

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 $855.1 Millions as of 31 Dec, 2025.

The top stock holdings of HOWARD FINANCIAL SERVICES, LTD. are IBCE, FNDA, VIG. The fund has invested 11.8% of it's portfolio in ISHARES TR and 6.3% of portfolio in SCHWAB STRATEGIC TR.

The fund managers got completely rid off SOUTHSTATE CORPORATION (SSB), J P MORGAN EXCHANGE TRADED F (BBAX) and VIPER ENERGY INC (VNOM) stocks. They significantly reduced their stock positions in DIREXION SHS ETF TR (BRZU), FIRST TR EXCHNG TRADED FD VI (AFLG) and INTEL CORP (INTC). HOWARD FINANCIAL SERVICES, LTD. opened new stock positions in GOLDMAN SACHS ETF TR (GBUY), NUVEEN MUN VALUE FD INC and ISHARES TR (IJR). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX INC (NFLX), VANGUARD MALVERN FDS (VTIP) and KIMBELL RTY PARTNERS LP (KRP).

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

Our best estimate is that HOWARD FINANCIAL SERVICES, LTD. made a return of 0.08% in the last quarter. In trailing 12 months, it's portfolio return was 8.11%.

Performance
S&P 500

New Buys

Ticker	$ Bought
goldman sachs etf tr	979,440
nuveen mun value fd inc	815,944
ishares tr	441,225
advanced micro devices inc	311,389
prudential finl inc	298,855
eog res inc	292,635
capital one finl corp	284,288
gildan activewear inc	269,203

New stocks bought by HOWARD FINANCIAL SERVICES, LTD.

Additions

Ticker	% Inc.
netflix inc	928
vanguard malvern fds	453
kimbell rty partners lp	243
ge aerospace	207
texas pacific land corporati	200
j p morgan exchange traded f	177
ishares tr	157
coreweave inc	150

Additions to existing portfolio by HOWARD FINANCIAL SERVICES, LTD.

Reductions

Ticker	% Reduced
direxion shs etf tr	-52.86
first tr exchng traded fd vi	-40.68
intel corp	-27.43
blackstone inc	-19.09
ishares tr	-17.95
procter and gamble co	-16.9
ishares tr	-12.62
pacer fds tr	-11.82

HOWARD FINANCIAL SERVICES, LTD. reduced stake in above stock

Sold off

Ticker	$ Sold
hanesbrands inc	-278,546
promis neurosciences inc	-11,068
two hbrs invt corp	-255,344
viper energy inc	-931,792
j p morgan exchange traded f	-1,185,200
southstate corporation	-1,596,650
direxion shs etf tr	-123,150
vs trust	-119,160

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

Sector Distribution

HOWARD FINANCIAL SERVICES, LTD. has about 77.2% of it's holdings in Others sector.

Sector	%
Others	77.2
Technology	14.1
Energy	2.1
Consumer Cyclical	1.8
Financial Services	1.1

Market Cap. Distribution

HOWARD FINANCIAL SERVICES, LTD. has about 16.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	77.2
MEGA-CAP	12
MID-CAP	5.6
LARGE-CAP	4.8

Stocks belong to which Index?

About 20.7% of the stocks held by HOWARD FINANCIAL SERVICES, LTD. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	79.3
S&P 500	15.2
RUSSELL 2000	5.5

Top 5 Winners (%)		%
MU	micron technology inc	64.1 %
SLV	ishares silver tr	51.7 %
LLY	eli lilly & co	33.2 %
LUV	southwest airls co	29.4 %
GOOG	alphabet inc	25.8 %

Top 5 Winners ($)		$
AAPL	apple inc	2.3 M
IBCE	ishares tr	2.1 M
FNDA	schwab strategic tr	0.9 M
VIG	vanguard specialized funds	0.8 M
GOOG	alphabet inc	0.7 M

Top 5 Losers (%)		%
NFLX	netflix inc	-86.6 %
TPL	texas pacific land corporati	-60.0 %
XLB	select sector spdr tr	-42.8 %
EET	proshares tr	-41.9 %
ELDN	eledon pharmaceuticals inc	-41.7 %

Top 5 Losers ($)		$
NFLX	netflix inc	-6.4 M
TPL	texas pacific land corporati	-1.7 M
EET	proshares tr	-0.8 M
MSFT	microsoft corp	-0.8 M
SBR	sabine rty tr	-0.7 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 204 stocks in it's portfolio. About 51.1% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for HOWARD FINANCIAL SERVICES, LTD. last quarter.

Last Reported on: 12 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.14	130,295	35,422,100	reduced	-1.48

AAXJ	ishares tr	0.23	36,524	1,931,370	added	157

AAXJ	ishares tr	0.03	3,479	216,235	unchanged	0.00

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	0.09	3,245	741,514	added	6.81

ABT	abbott labs	0.03	2,141	268,189	reduced	-0.88

ACT	advisorshares tr	0.02	30,000	134,400	new

ACWF	ishares tr	2.38	447,563	20,341,800	added	1.67

ACWF	ishares tr	0.02	907	209,091	reduced	-12.62

ADBE	adobe inc	0.03	611	213,844	new

ADP	automatic data processing in	0.03	916	235,706	added	12.81

AFK	vaneck etf trust	2.11	615,543	18,075,400	added	4.8

AFK	vaneck etf trust	1.02	84,591	8,760,270	reduced	-0.28

AFK	vaneck etf trust	0.04	894	321,830	added	0.34

AFK	vaneck etf trust	0.04	3,723	319,289	reduced	-4.44

AFLG	first tr exchng traded fd vi	0.32	62,065	2,750,730	reduced	-40.68

AFTY	pacer fds tr	1.09	210,377	9,334,440	reduced	-11.82

AGNC	agnc invt corp	0.09	72,721	779,572	added	2.57

AGT	ishares tr	0.08	4,765	709,872	added	0.19

AGT	ishares tr	0.03	2,226	211,677	added	1.00