Filed: 10/23/2025ACC: 0001768130-25-000006
📋 What this filing means
HOWARD FINANCIAL SERVICES, LTD. filed this quarterly 13F‑HR report disclosing 199 equity positions with a total reported market value of $817.34M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
199
Positions
$817.34M
Total AUM (reported)
13.49M
Total Shares
Allocation by class
COM$122.39M15.0%
MSCI USA QLT FCT$98.26M12.0%
US DIVIDEND EQ$54.33M6.6%
DIV APP ETF$40.71M5.0%
S&P 500 GARP ETF$39.19M4.8%
S&P500 EQL WGT$37.26M4.6%
TOTAL RETURN$34.44M4.2%
Portfolio Concentration
Top 3$193.30M23.7%
4–10$234.39M28.7%
11–25$226.24M27.7%
Rest$163.40M20.0%
Top 3 weight
23.7%
Top 10 weight
52.3%
Voting Authority Distribution
Total shares with voting rights: 13.49M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
13.49M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole199
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings199
Rows:
ISHARES TR
SOLEShares505.17K
TypeSH
Market value$98.26M
12.02%
Sole
0.00
Shared
0.00
None
505.17K
SCHWAB STRATEGIC TR
SOLEShares1.99M
TypeSH
Market value$54.33M
6.65%
Sole
0.00
Shared
0.00
None
1.99M
VANGUARD SPECIALIZED FUNDS
SOLEShares188.68K
TypeSH
Market value$40.71M
4.98%
Sole
0.00
Shared
0.00
None
188.68K
INVESCO EXCHANGE TRADED FD T
SOLEShares344.94K
TypeSH
Market value$39.19M
4.80%
Sole
0.00
Shared
0.00
None
344.94K
INVESCO EXCHANGE TRADED FD T
SOLEShares196.40K
TypeSH
Market value$37.26M
4.56%
Sole
0.00
Shared
0.00
None
196.40K
INVESCO ACTIVELY MANAGED EXC
SOLEShares724.93K
TypeSH
Market value$34.44M
4.21%
Sole
0.00
Shared
0.00
None
724.93K
APPLE INC
SOLEShares132.25K
TypeSH
Market value$33.68M
4.12%
Sole
0.00
Shared
0.00
None
132.25K
HARTFORD FDS EXCHANGE TRADED
SOLEShares899.04K
TypeSH
Market value$30.83M
3.77%
Sole
0.00
Shared
0.00
None
899.04K
WISDOMTREE TR
SOLEShares341.85K
TypeSH
Market value$30.41M
3.72%
Sole
0.00
Shared
0.00
None
341.85K
PGIM ETF TR
SOLEShares677.42K
TypeSH
Market value$28.59M
3.50%
Sole
0.00
Shared
0.00
None
677.42K
SPDR SERIES TRUST
SOLEShares868K
TypeSH
Market value$22.22M
2.72%
Sole
0.00
Shared
0.00
None
868K
SSGA ACTIVE ETF TR
SOLEShares519.43K
TypeSH
Market value$21.07M
2.58%
Sole
0.00
Shared
0.00
None
519.43K
ISHARES TR
SOLEShares440.22K
TypeSH
Market value$19.45M
2.38%
Sole
0.00
Shared
0.00
None
440.22K
VANECK ETF TRUST
SOLEShares587.33K
TypeSH
Market value$17.46M
2.14%
Sole
0.00
Shared
0.00
None
587.33K
SCHWAB STRATEGIC TR
SOLEShares524.86K
TypeSH
Market value$16.75M
2.05%
Sole
0.00
Shared
0.00
None
524.86K
SCHWAB STRATEGIC TR
SOLEShares378.67K
TypeSH
Market value$16.27M
1.99%
Sole
0.00
Shared
0.00
None
378.67K
SPDR S&P 500 ETF TR
SOLEShares23.87K
TypeSH
Market value$15.90M
1.95%
Sole
0.00
Shared
0.00
None
23.87K
FIRST TR EXCHANGE TRADED FD
SOLEShares228.97K
TypeSH
Market value$15.40M
1.88%
Sole
0.00
Shared
0.00
None
228.97K
VANGUARD WHITEHALL FDS
SOLEShares169.31K
TypeSH
Market value$15.17M
1.86%
Sole
0.00
Shared
0.00
None
169.31K
NVIDIA CORPORATION
SOLEShares78.52K
TypeSH
Market value$14.65M
1.79%
Sole
0.00
Shared
0.00
None
78.52K
WISDOMTREE TR
SOLEShares301.60K
TypeSH
Market value$11.44M
1.40%
Sole
0.00
Shared
0.00
None
301.60K
MICROSOFT CORP
SOLEShares21.56K
TypeSH
Market value$11.17M
1.37%
Sole
0.00
Shared
0.00
None
21.56K
PACER FDS TR
SOLEShares238.59K
TypeSH
Market value$10.45M
1.28%
Sole
0.00
Shared
0.00
None
238.59K
INVESCO QQQ TR
SOLEShares17.39K
TypeSH
Market value$10.44M
1.28%
Sole
0.00
Shared
0.00
None
17.39K
VANECK ETF TRUST
SOLEShares84.83K
TypeSH
Market value$8.41M
1.03%
Sole
0.00
Shared
0.00
None
84.83K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | MSCI USA QLT FCT | 505.17K | SH | $98.26M 12.02% | 0.00 | 0.00 | 505.17K |
SCHWAB STRATEGIC TRSOLE | US DIVIDEND EQ | 1.99M | SH | $54.33M 6.65% | 0.00 | 0.00 | 1.99M |
VANGUARD SPECIALIZED FUNDSSOLE | DIV APP ETF | 188.68K | SH | $40.71M 4.98% | 0.00 | 0.00 | 188.68K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P 500 GARP ETF | 344.94K | SH | $39.19M 4.80% | 0.00 | 0.00 | 344.94K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 196.40K | SH | $37.26M 4.56% | 0.00 | 0.00 | 196.40K |
INVESCO ACTIVELY MANAGED EXCSOLE | TOTAL RETURN | 724.93K | SH | $34.44M 4.21% | 0.00 | 0.00 | 724.93K |
APPLE INCSOLE | COM | 132.25K | SH | $33.68M 4.12% | 0.00 | 0.00 | 132.25K |
HARTFORD FDS EXCHANGE TRADEDSOLE | TOTAL RTRN ETF | 899.04K | SH | $30.83M 3.77% | 0.00 | 0.00 | 899.04K |
WISDOMTREE TRSOLE | US QTLY DIV GRT | 341.85K | SH | $30.41M 3.72% | 0.00 | 0.00 | 341.85K |
PGIM ETF TRSOLE | TOTAL RETURN BON | 677.42K | SH | $28.59M 3.50% | 0.00 | 0.00 | 677.42K |
SPDR SERIES TRUSTSOLE | BLOOMBERG SHT TE | 868K | SH | $22.22M 2.72% | 0.00 | 0.00 | 868K |
SSGA ACTIVE ETF TRSOLE | SPDR TR TACTIC | 519.43K | SH | $21.07M 2.58% | 0.00 | 0.00 | 519.43K |
ISHARES TRSOLE | MSCI INTL QUALTY | 440.22K | SH | $19.45M 2.38% | 0.00 | 0.00 | 440.22K |
VANECK ETF TRUSTSOLE | FALLEN ANGEL HG | 587.33K | SH | $17.46M 2.14% | 0.00 | 0.00 | 587.33K |
SCHWAB STRATEGIC TRSOLE | US LCAP GR ETF | 524.86K | SH | $16.75M 2.05% | 0.00 | 0.00 | 524.86K |
SCHWAB STRATEGIC TRSOLE | FUNDAMENTAL INTL | 378.67K | SH | $16.27M 1.99% | 0.00 | 0.00 | 378.67K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 23.87K | SH | $15.90M 1.95% | 0.00 | 0.00 | 23.87K |
FIRST TR EXCHANGE TRADED FDSOLE | RISNG DIVD ACHIV | 228.97K | SH | $15.40M 1.88% | 0.00 | 0.00 | 228.97K |
VANGUARD WHITEHALL FDSSOLE | INTL DVD ETF | 169.31K | SH | $15.17M 1.86% | 0.00 | 0.00 | 169.31K |
NVIDIA CORPORATIONSOLE | COM | 78.52K | SH | $14.65M 1.79% | 0.00 | 0.00 | 78.52K |
WISDOMTREE TRSOLE | EM EX ST-OWNED | 301.60K | SH | $11.44M 1.40% | 0.00 | 0.00 | 301.60K |
MICROSOFT CORPSOLE | COM | 21.56K | SH | $11.17M 1.37% | 0.00 | 0.00 | 21.56K |
PACER FDS TRSOLE | US SMALL CAP CAS | 238.59K | SH | $10.45M 1.28% | 0.00 | 0.00 | 238.59K |
INVESCO QQQ TRSOLE | UNIT SER 1 | 17.39K | SH | $10.44M 1.28% | 0.00 | 0.00 | 17.39K |
VANECK ETF TRUSTSOLE | MRNGSTR WDE MOAT | 84.83K | SH | $8.41M 1.03% | 0.00 | 0.00 | 84.83K |
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