Latest HOWARD FINANCIAL SERVICES, LTD. Stock Portfolio

HOWARD FINANCIAL SERVICES, LTD. Performance:

2025 Q3: 2.31%YTD: 2.78%2024: 5.88%

Performance for 2025 Q3 is 2.31%, and YTD is 2.78%, and 2024 is 5.88%.

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 $817.3 Millions as of 30 Sep, 2025.

The top stock holdings of HOWARD FINANCIAL SERVICES, LTD. are IBCE, FNDA, VIG. The fund has invested 12% of it's portfolio in ISHARES TR and 6.7% of portfolio in SCHWAB STRATEGIC TR.

The fund managers got completely rid off DIREXION SHS ETF TR (BRZU), SSGA ACTIVE ETF TR (GAL) and BUSINESS FIRST BANCSHARES IN (BFST) stocks. They significantly reduced their stock positions in TEXAS INSTRS INC (TXN), FIRST TR EXCHNG TRADED FD VI (AFLG) and META PLATFORMS INC (META). HOWARD FINANCIAL SERVICES, LTD. opened new stock positions in SOUTHSTATE BK CORP, VANGUARD MALVERN FDS (VTIP) and AT&T INC (T). The fund showed a lot of confidence in some stocks as they added substantially to DIREXION SHS ETF TR (BRZU), SCHWAB STRATEGIC TR (FNDA) and UNITED PARCEL SERVICE INC (UPS).

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

Our best estimate is that HOWARD FINANCIAL SERVICES, LTD. made a return of 2.31% in the last quarter. In trailing 12 months, it's portfolio return was 3.66%.

New Buys

Ticker	$ Bought
southstate bk corp	1,596,650
viper energy inc	931,792
vanguard malvern fds	528,956
tortoise capital series trus	356,585
at&t inc	347,241
dell technologies inc	265,973
eaton corp plc	245,508
agnico eagle mines ltd	243,569

New stocks bought by HOWARD FINANCIAL SERVICES, LTD.

Additions

Ticker	% Inc.
direxion shs etf tr	125
schwab strategic tr	81.05
united parcel service inc	74.02
blackstone inc	64.42
ishares tr	40.35
morgan stanley	23.41
viper energy inc	20.32
oracle corp	18.48

Additions to existing portfolio by HOWARD FINANCIAL SERVICES, LTD.

Reductions

Ticker	% Reduced
texas instrs inc	-21.74
first tr exchng traded fd vi	-18.91
meta platforms inc	-18.4
alibaba group hldg ltd	-17.63
pacer fds tr	-17.46
international business machs	-12.52
ishares tr	-10.65
first tr exch traded fd iii	-7.53

HOWARD FINANCIAL SERVICES, LTD. reduced stake in above stock

Sold off

Ticker	$ Sold
business first bancshares in	-446,855
ssga active etf tr	-477,453
managed portfolio series	-383,228
ezcorp inc	-138,800
direxion shs etf tr	-647,084
brinker intl inc	-227,937

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

Sector Distribution

HOWARD FINANCIAL SERVICES, LTD. has about 77.4% of it's holdings in Others sector.

Sector	%
Others	77.4
Technology	14.3
Energy	2.1
Consumer Cyclical	1.9
Financial Services	1.2

Market Cap. Distribution

HOWARD FINANCIAL SERVICES, LTD. has about 16.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	77.4
MEGA-CAP	11.8
MID-CAP	6
LARGE-CAP	4.4

Stocks belong to which Index?

About 20.4% of the stocks held by HOWARD FINANCIAL SERVICES, LTD. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	79.6
S&P 500	14.5
RUSSELL 2000	5.9

Top 5 Winners (%)		%
INTC	intel corp	49.8 %
HBI	hanesbrands inc	43.9 %
TSLA	tesla inc	40.0 %
GOOG	alphabet inc	37.1 %
MU	micron technology inc	35.7 %

Top 5 Winners ($)		$
AAPL	apple inc	6.6 M
NVDA	nvidia corporation	2.2 M
JAMF	wisdomtree tr	1.7 M
SPY	spdr s&p 500 etf tr	1.2 M
JAMF	wisdomtree tr	1.1 M

Top 5 Losers (%)		%
CMG	chipotle mexican grill inc	-30.2 %
MSTR	strategy inc	-20.2 %
ISRG	intuitive surgical inc	-17.7 %
CRM	salesforce inc	-12.9 %
NOG	northern oil & gas inc	-12.5 %

Top 5 Losers ($)		$
CMG	chipotle mexican grill inc	-1.6 M
ET	energy transfer l p	-0.2 M
NFLX	netflix inc	-0.1 M
OKE	oneok inc new	-0.1 M
PM	philip morris intl inc	-0.1 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 197 stocks in it's portfolio. About 52.3% of the portfolio is in top 10 stocks. CMG 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: 23 Oct, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.12	132,253	33,675,600	reduced	-0.2

AAXJ	ishares tr	0.09	14,173	751,608	added	40.35

AAXJ	ishares tr	0.03	3,479	209,008	added	0.03

AAXJ	ishares tr	0.03	1,876	207,234	added	1.08

ABBV	abbvie inc	0.09	3,038	703,486	added	2.46

ABT	abbott labs	0.04	2,160	289,250	added	0.05

ACWF	ishares tr	2.38	440,223	19,453,500	reduced	-0.26

ACWF	ishares tr	0.03	1,038	235,491	reduced	-0.48

ADP	automatic data processing in	0.03	812	238,394	added	1.5

AFK	vaneck etf trust	2.14	587,331	17,461,300	added	6.23

AFK	vaneck etf trust	1.03	84,825	8,407,000	reduced	-1.7

AFK	vaneck etf trust	0.04	3,896	297,643	unchanged	0.00

AFK	vaneck etf trust	0.04	891	290,940	added	0.68

AFLG	first tr exchng traded fd vi	0.57	104,636	4,647,920	reduced	-18.91

AFTY	pacer fds tr	1.28	238,585	10,445,200	reduced	-17.46

AGNC	agnc invt corp	0.09	70,896	694,071	added	2.69

AGT	ishares tr	0.09	4,756	692,485	added	0.23

AGT	ishares tr	0.03	2,204	204,963	new

AIRR	first tr exchange traded fd	1.88	228,966	15,400,300	added	7.89

ALCC	oklo inc	0.06	4,333	483,693	added	3.78