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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 12 of 12  ·  223 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 ELDN ELEDON PHARMACEUTICALS INC Healthcare 30,000.0 $92K 0.01% — — $3.08 -14.0%
222 — ZJK INDL CO. LTD. — 12,500.0 $23K 0.00% — — $1.87 —
223 CNDT CONDUENT INC Technology 10,000.0 $13K 0.00% — — $1.28 +28.1%
Page 12 of 12  ·  223 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%