HOWARD FINANCIAL SERVICES, LTD. — 13F Holdings & Portfolio
CIK 1768130 · latest 13F-HR filed 2026-04-07
HOWARD FINANCIAL SERVICES, LTD. manages $888.0M in 13F-reported U.S. long-equity assets across 223 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are QUAL (10.86%), SCHD (6.72%), VIG (4.86%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 29 new positions, exited 12, added to 98, and trimmed 51.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$888.0M
Long-equity book
223
Distinct positions
2026-03-31
Filed 2026-04-07
+29 / −12 / ↑98 / ↓51
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- SCHWAB STRATEGIC TR$6.0M +11.3%
- VANGUARD MALVERN FDS$3.8M +130.7%
- FIRST TR EXCHANGE TRADED FD$2.8M +16.3%
- SCHWAB STRATEGIC TR$2.6M +14.7%
- J P MORGAN EXCHANGE TRADED F$2.3M +26.4%
Top Trims
- SPDR SERIES TRUST-$2.9M -74.1%
- SPDR SERIES TRUST-$2.7M -12.6%
- MICROSOFT CORP-$1.6M -14.0%
- SPDR S&P 500 ETF TR-$1.3M -7.8%
- PACER FDS TR-$1.2M -13.4%
New Positions
- UNITED STATES ANTIMONY CORP$2.2M
- HUNTINGTON BANCSHARES INC$1.1M
- NATIONAL BK HLDGS CORP$1.1M
- VANGUARD INDEX FDS$821.6K
- VANGUARD INDEX FDS$803.2K
Exited Positions
- CADENCE BANK$1.1M
- ASTRAZENECA PLC$389.8K
- VANGUARD INDEX FDS$377.9K
- AUTOMATIC DATA PROCESSING IN$235.7K
- DISNEY WALT CO$225.3K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ISHARES TR | QUAL | 46432F339 | $96.5M | 10.86% | 502,864 | SH |
| 2 | SCHWAB STRATEGIC TR | SCHD | 808524797 | $59.7M | 6.72% | 1,945,292 | SH |
| 3 | VANGUARD SPECIALIZED FUNDS | VIG | 921908844 | $43.1M | 4.86% | 200,635 | SH |
| 4 | INVESCO EXCHANGE TRADED FD T | RSP | 46137V357 | $36.9M | 4.16% | 192,311 | SH |
| 5 | INVESCO EXCHANGE TRADED FD T | SPGP | 46137V431 | $36.7M | 4.13% | 340,836 | SH |
| 6 | INVESCO ACTIVELY MANAGED EXC | GTO | 46090A804 | $36.0M | 4.05% | 768,519 | SH |
| 7 | APPLE INC | AAPL | 037833100 | $34.9M | 3.93% | 137,531 | SH |
| 8 | HARTFORD FDS EXCHANGE TRADED | HTRB | 41653L305 | $33.3M | 3.75% | 988,036 | SH |
| 9 | WISDOMTREE TR | DGRW | 97717X669 | $33.0M | 3.71% | 375,339 | SH |
| 10 | PGIM ETF TR | PAAA | 69344A800 | $32.4M | 3.64% | 779,785 | SH |
| 11 | ISHARES TR | IQLT | 46434V456 | $22.0M | 2.48% | 476,503 | SH |
| 12 | SSGA ACTIVE ETF TR | TOTL | 78467V848 | $21.3M | 2.40% | 536,169 | SH |
| 13 | SCHWAB STRATEGIC TR | SCHG | 808524300 | $20.8M | 2.34% | 712,988 | SH |
| 14 | SCHWAB STRATEGIC TR | FNDF | 808524755 | $20.3M | 2.29% | 414,982 | SH |
| 15 | FIRST TR EXCHANGE TRADED FD | RDVY | 33738R506 | $19.7M | 2.22% | 288,104 | SH |
| 16 | VANECK ETF TRUST | ANGL | 92189F437 | $19.2M | 2.16% | 669,176 | SH |
| 17 | SPDR SERIES TRUST | SJNK | 78468R408 | $18.6M | 2.09% | 744,257 | SH |
| 18 | VANGUARD WHITEHALL FDS | VIGI | 921946810 | $16.5M | 1.86% | 186,482 | SH |
| 19 | SPDR S&P 500 ETF TR | SPY | 78462F103 | $15.4M | 1.74% | 23,719 | SH |
| 20 | NVIDIA CORPORATION | NVDA | 67066G104 | $14.5M | 1.64% | 83,351 | SH |
| 21 | WISDOMTREE TR | XSOE | 97717X578 | $13.5M | 1.52% | 336,833 | SH |
| 22 | J P MORGAN EXCHANGE TRADED F | JPST | 46641Q837 | $11.2M | 1.26% | 220,612 | SH |
| 23 | VANECK ETF TRUST | MOAT | 92189F643 | $10.4M | 1.17% | 107,093 | SH |
| 24 | INVESCO QQQ TR | QQQ | 46090E103 | $10.1M | 1.14% | 17,471 | SH |
| 25 | MICROSOFT CORP | MSFT | 594918104 | $9.5M | 1.07% | 25,725 | SH |
| 26 | PACER FDS TR | CALF | 69374H857 | $8.1M | 0.91% | 180,235 | SH |
| 27 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $7.3M | 0.82% | 15,267 | SH |
| 28 | AMAZON COM INC | AMZN | 023135106 | $6.8M | 0.77% | 32,796 | SH |
| 29 | VANGUARD MALVERN FDS | VPLS | 922020755 | $6.7M | 0.76% | 86,428 | SH |
| 30 | FIRST TR EXCH TRADED FD III | FPE | 33739E108 | $6.3M | 0.71% | 353,732 | SH |
| 31 | SABINE RTY TR | SBR | 785688102 | $5.1M | 0.57% | 68,082 | SH |
| 32 | ENTERPRISE PRODS PARTNERS L | EPD | 293792107 | $5.1M | 0.57% | 133,768 | SH |
| 33 | BROADCOM INC | AVGO | 11135F101 | $5.0M | 0.56% | 16,161 | SH |
| 34 | ISHARES TR | IVV | 464287200 | $4.5M | 0.51% | 6,867 | SH |
| 35 | ALPHABET INC | GOOGL | 02079K305 | $4.3M | 0.48% | 14,800 | SH |
| 36 | ENERGY TRANSFER L P | ET | 29273V100 | $3.8M | 0.43% | 197,157 | SH |
| 37 | VANGUARD INDEX FDS | VTI | 922908769 | $3.5M | 0.40% | 11,051 | SH |
| 38 | LATTICE STRATEGIES TR | RODM | 518416102 | $3.5M | 0.39% | 88,204 | SH |
| 39 | EXXON MOBIL CORP | XOM | 30231G102 | $3.4M | 0.38% | 20,135 | SH |
| 40 | CHIPOTLE MEXICAN GRILL INC | CMG | 169656105 | $3.0M | 0.34% | 93,915 | SH |
| 41 | SCHWAB STRATEGIC TR | SCHE | 808524706 | $2.7M | 0.30% | 81,752 | SH |
| 42 | MPLX LP | MPLX | 55336V100 | $2.6M | 0.29% | 45,575 | SH |
| 43 | FIRST TR EXCHNG TRADED FD VI | FIXD | 33740F805 | $2.6M | 0.29% | 59,413 | SH |
| 44 | SCHWAB STRATEGIC TR | SCHF | 808524805 | $2.5M | 0.28% | 101,050 | SH |
| 45 | PEPSICO INC | PEP | 713448108 | $2.4M | 0.27% | 15,576 | SH |
| 46 | UNITED STATES ANTIMONY CORP | UAMY | 911549103 | $2.2M | 0.24% | 248,031 | SH |
| 47 | ISHARES TR | IGSB | 464288646 | $2.1M | 0.24% | 40,419 | SH |
| 48 | JPMORGAN CHASE & CO. | JPM | 46625H100 | $2.1M | 0.24% | 7,159 | SH |
| 49 | TAIWAN SEMICONDUCTOR MFG LTD | TSM | 874039100 | $2.1M | 0.24% | 6,221 | SH |
| 50 | PALANTIR TECHNOLOGIES INC | PLTR | 69608A108 | $2.0M | 0.23% | 13,805 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-07 | $888.0M | 223 | 0001768130-26-000002 |
| 2025-12-31 | 2026-01-12 | $855.1M | 205 | 0001768130-26-000001 |