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Portfolio (Quarterly) Guide ↗

HOWARD FINANCIAL SERVICES, LTD.

· CIK 0001768130
13F Portfolio $888M AUM 223 positions Filed Apr 7, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 30 New 115 Added 33 Reduced
Page 2 of 2  ·  30 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 BLK BLACKROCK INC Financial Services 256.0 $246K 0.03% NEW — $961.71 +13.0%
22 CB CHUBB LIMITED Financial Services 729.0 $238K 0.03% NEW — $325.93 +2.3%
23 APH AMPHENOL CORP NEW Technology 1,866.0 $236K 0.03% NEW — $126.35 -33.4%
24 BMY BRISTOL-MYERS SQUIBB CO Healthcare 3,770.0 $229K 0.03% NEW — $60.64 +3.7%
25 NOG NORTHERN OIL & GAS INC Energy 7,770.0 $227K 0.03% NEW — $29.23 -20.3%
26 GILD GILEAD SCIENCES INC Healthcare 1,559.0 $217K 0.02% NEW — $139.35 +8.3%
27 RF REGIONS FINANCIAL CORP NEW Financial Services 8,120.0 $212K 0.02% NEW — $26.12 +5.7%
28 HON HONEYWELL INTL INC Industrials 907.0 $205K 0.02% NEW — $226.06 -6.0%
29 MDLZ MONDELEZ INTL INC Consumer Defensive 3,516.0 $203K 0.02% NEW — $57.65 +4.5%
30 IWM PUT ISHARES TR — 68,500.0 $103K 0.01% NEW — $1.51 +18573.5%
Page 2 of 2  ·  30 positions

① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 38.7%
Financial Services 21.1%
Energy 13.1%
Consumer Cyclical 7.7%
Consumer Defensive 4.7%
Communication Services 4.1%
Healthcare 3.7%
Industrials 3.3%
Basic Materials 1.7%
Utilities 1.2%