HOWARD CAPITAL MANAGEMENT INC.

Filed: 11/4/2025ACC: 0001733173-25-000002

📋 What this filing means

HOWARD CAPITAL MANAGEMENT INC. filed this quarterly 13F‑HR report disclosing 422 equity positions with a total reported market value of $7.57B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

422

Positions

$7.57B

Total AUM (reported)

73.53M

Total Shares

Allocation by class

COM$1.10B14.5%

PSHS ULTRA QQQ$862.26M11.4%

PSHS ULT S&P 500$772.32M10.2%

UNIT SER 1$522.47M6.9%

MEGA GRWTH IND$508.93M6.7%

ULTRAPRO QQQ$476.65M6.3%

DRX S&P500BULL$340.04M4.5%

Portfolio Concentration

Top 3$2.16B28.5%

4–10$2.41B31.8%

11–25$1.83B24.2%

Rest$1.17B15.5%

Top 3 weight

28.5%

Top 10 weight

60.4%

Voting Authority Distribution

Total shares with voting rights: 73.53M

Sole

Full voting authority

73.53M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole422

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings422

Rows:

PROSHARES TR

SOLE

PSHS ULTRA QQQ

Shares6.28M

TypeSH

Market value$862.26M

11.40%

Sole

6.28M

Shared

0.00

None

0.00

PROSHARES TR

SOLE

PSHS ULT S&P 500

Shares6.89M

TypeSH

Market value$772.32M

10.21%

Sole

6.89M

Shared

0.00

None

0.00

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares2.83M

TypeSH

Market value$522.47M

6.90%

Sole

2.83M

Shared

0.00

None

0.00

VANGUARD WORLD FD

SOLE

MEGA GRWTH IND

Shares1.26M

TypeSH

Market value$508.93M

6.73%

Sole

1.26M

Shared

0.00

None

0.00

PROSHARES TR

SOLE

ULTRAPRO QQQ

Shares4.61M

TypeSH

Market value$476.65M

6.30%

Sole

4.61M

Shared

0.00

None

0.00

DIREXION SHS ETF TR

SOLE

DRX S&P500BULL

Shares1.60M

TypeSH

Market value$340.04M

4.49%

Sole

1.60M

Shared

0.00

None

0.00

NORTHERN LTS FD TR III

SOLE

HCM DEFND 100

Shares6.20M

TypeSH

Market value$288.52M

3.81%

Sole

6.20M

Shared

0.00

None

0.00

DIREXION SHS ETF TR

SOLE

DIREXION HCM

Shares9.56M

TypeSH

Market value$276.84M

3.66%

Sole

9.56M

Shared

0.00

None

0.00

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares1.23M

TypeSH

Market value$265.74M

3.51%

Sole

1.23M

Shared

0.00

None

0.00

NORTHERN LTS FD TR III

SOLE

HCM DEFEN 500

Shares6.25M

TypeSH

Market value$252.92M

3.34%

Sole

6.25M

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

BBG CONV SEC ETF

Shares2.32M

TypeSH

Market value$209.99M

2.78%

Sole

2.32M

Shared

0.00

None

0.00

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares269.03K

TypeSH

Market value$179.22M

2.37%

Sole

269.03K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE US AGGBD ET

Shares1.73M

TypeSH

Market value$173.86M

2.30%

Sole

1.73M

Shared

0.00

None

0.00

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares1.13M

TypeSH

Market value$159.69M

2.11%

Sole

1.13M

Shared

0.00

None

0.00

NVIDIA CORPORATION

SOLE

COM

Shares815.54K

TypeSH

Market value$152.16M

2.01%

Sole

815.54K

Shared

0.00

None

0.00

ISHARES TR

SOLE

SELECT DIVID ETF

Shares1.01M

TypeSH

Market value$143.72M

1.90%

Sole

1.01M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares297.14K

TypeSH

Market value$142.51M

1.88%

Sole

297.14K

Shared

0.00

None

0.00

PROSHARES TR

SOLE

ULTRPRO S&P500

Shares1.19M

TypeSH

Market value$132.68M

1.75%

Sole

1.19M

Shared

0.00

None

0.00

APPLE INC

SOLE

COM

Shares418.52K

TypeSH

Market value$106.57M

1.41%

Sole

418.52K

Shared

0.00

None

0.00

MICROSOFT CORP

SOLE

COM

Shares200.50K

TypeSH

Market value$103.85M

1.37%

Sole

200.50K

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

BLOOMBERG 1-3 MO

Shares932.69K

TypeSH

Market value$85.57M

1.13%

Sole

932.69K

Shared

0.00

None

0.00

META PLATFORMS INC

SOLE

CL A

Shares88.87K

TypeSH

Market value$65.27M

0.86%

Sole

88.87K

Shared

0.00

None

0.00

BROADCOM INC

SOLE

COM

Shares197.75K

TypeSH

Market value$65.24M

0.86%

Sole

197.75K

Shared

0.00

None

0.00

AMAZON COM INC

SOLE

COM

Shares271.27K

TypeSH

Market value$59.56M

0.79%

Sole

271.27K

Shared

0.00

None

0.00

VANGUARD BD INDEX FDS

SOLE

TOTAL BND MRKT

Shares661.10K

TypeSH

Market value$49.17M

0.65%

Sole

661.10K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
PROSHARES TRSOLE	PSHS ULTRA QQQ	6.28M	SH	$862.26M 11.40%	6.28M
PROSHARES TRSOLE	PSHS ULT S&P 500	6.89M	SH	$772.32M 10.21%	6.89M
INVESCO QQQ TRSOLE	UNIT SER 1	2.83M	SH	$522.47M 6.90%	2.83M
VANGUARD WORLD FDSOLE	MEGA GRWTH IND	1.26M	SH	$508.93M 6.73%	1.26M
PROSHARES TRSOLE	ULTRAPRO QQQ	4.61M	SH	$476.65M 6.30%	4.61M
DIREXION SHS ETF TRSOLE	DRX S&P500BULL	1.60M	SH	$340.04M 4.49%	1.60M
NORTHERN LTS FD TR IIISOLE	HCM DEFND 100	6.20M	SH	$288.52M 3.81%	6.20M
DIREXION SHS ETF TRSOLE	DIREXION HCM	9.56M	SH	$276.84M 3.66%	9.56M
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	1.23M	SH	$265.74M 3.51%	1.23M
NORTHERN LTS FD TR IIISOLE	HCM DEFEN 500	6.25M	SH	$252.92M 3.34%	6.25M
SPDR SERIES TRUSTSOLE	BBG CONV SEC ETF	2.32M	SH	$209.99M 2.78%	2.32M
SPDR S&P 500 ETF TRSOLE	TR UNIT	269.03K	SH	$179.22M 2.37%	269.03K
ISHARES TRSOLE	CORE US AGGBD ET	1.73M	SH	$173.86M 2.30%	1.73M
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	1.13M	SH	$159.69M 2.11%	1.13M
NVIDIA CORPORATIONSOLE	COM	815.54K	SH	$152.16M 2.01%	815.54K
ISHARES TRSOLE	SELECT DIVID ETF	1.01M	SH	$143.72M 1.90%	1.01M
VANGUARD INDEX FDSSOLE	GROWTH ETF	297.14K	SH	$142.51M 1.88%	297.14K
PROSHARES TRSOLE	ULTRPRO S&P500	1.19M	SH	$132.68M 1.75%	1.19M
APPLE INCSOLE	COM	418.52K	SH	$106.57M 1.41%	418.52K
MICROSOFT CORPSOLE	COM	200.50K	SH	$103.85M 1.37%	200.50K
SPDR SERIES TRUSTSOLE	BLOOMBERG 1-3 MO	932.69K	SH	$85.57M 1.13%	932.69K
META PLATFORMS INCSOLE	CL A	88.87K	SH	$65.27M 0.86%	88.87K
BROADCOM INCSOLE	COM	197.75K	SH	$65.24M 0.86%	197.75K
AMAZON COM INCSOLE	COM	271.27K	SH	$59.56M 0.79%	271.27K
VANGUARD BD INDEX FDSSOLE	TOTAL BND MRKT	661.10K	SH	$49.17M 0.65%	661.10K

Page 1 of 17

…