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13F-HR filed by HOWARD FINANCIAL SERVICES, LTD.

HOWARD FINANCIAL SERVICES, LTD. filed this 13F-HR for the quarter ended 2025-12-31, filed 2026-01-12, with 205 holding rows worth $855,145,386.

Accession
0001768130-26-000001
Filed
2026-01-12
Accepted by EDGAR
acceptance time not in the bulk data set
Ingested
Source
SEC quarterly data set

Original filing

13F report for Q4 2025

A holdings report, 205 entries on the cover page, a total value of $855,145,386 stated on the cover page (in dollars after the unit check, H1), rows summing to $855,145,386 with VALUE read as dollars as filed, 13F file number 028-19410. The quarter's positions are built on this report. The resolved quarter.

The information table after summing rows of one CUSIP and put or call (H4), with the CUSIP and issuer name as filed. Values in dollars after the unit check (method).

Issuer as filedCUSIPClassAmountValueValue read asType
ISHARES MSCI USA QUALITY FACTOR ETF46432F339ETF507,751$100,849,553dollars as filed
SCHD808524797COM1,955,537$53,640,393dollars as filed
Vanguard Dividend Appreciation ETF921908844SHS195,818$43,036,928dollars as filed
INVESCO EXCHANGE TRADED FD T46137V431S&P 500 GARP ETF335,500$38,200,013dollars as filed
INVESCO EXCHANGE-TRADED FD TR S&P 500 EQUAL WEIGHT ETF46137V357COM191,639$36,710,410dollars as filed
Apple Inc037833100COM130,295$35,422,109dollars as filed
INVESCO ACTIVELY MANAGED EXC46090A804TOTAL RETURN741,142$35,144,960dollars as filed
HARTFORD FDS EXCHANGE TRADED41653L305TOTAL RTRN ETF926,744$31,648,302dollars as filed
WISDOMTREE TR97717X669US QTLY DIV GRT349,177$31,226,917dollars as filed
PGIM ETF TR69344A800TOTA RETU BD ETF732,998$30,815,222dollars as filed
SPDR SERIES TRUST78468R408ST TERM HIGH ETF839,936$21,267,179dollars as filed
SSGA ACTIVE ETF TR78467V848ST STR TOTAL ETF526,120$21,176,328dollars as filed
Schwab U.S. Large-Cap Growth ETF808524300SHS648,561$21,156,067dollars as filed
ISHARES TR46434V456MSCI INTL QUALTY447,563$20,341,750dollars as filed
VANECK ETF TRUST92189F437COM615,543$18,075,427dollars as filed
SCHWAB STRATEGIC TR808524755FUNDAMENTAL INTL391,467$17,698,211dollars as filed
FIRST TR EXCHANGE TRADED FD33738R506RISNG DIVD ACHIV243,410$16,909,691dollars as filed
SPY78462F103SHS24,546$16,738,639dollars as filed
Vanguard International Dividend Appreciation ETF921946810SHS174,488$15,956,920dollars as filed
NVIDIA Corp67066G104COM78,296$14,602,217dollars as filed
WISDOMTREE TR97717X578EM EX ST-OWNED306,566$11,962,209dollars as filed
Microsoft Corp594918104COM22,905$11,077,488dollars as filed
INVESCO QQQ TR46090E103COM17,413$10,697,188dollars as filed
PACER FDS TR69374H857US SMALL CAP CAS210,377$9,334,442dollars as filed
J P MORGAN EXCHANGE TRADED F46641Q837ULTRA SHRT ETF174,653$8,835,680dollars as filed
VANECK ETF TRUST92189F643MRNGSTR WDE MOAT84,591$8,760,272dollars as filed
Berkshire Hathaway Inc084670702COM14,677$7,377,394dollars as filed
Amazon.com, Inc023135106COM29,460$6,799,957dollars as filed
FIRST TR EXCH TRADED FD III33739E108PFD SECS INC ETF360,571$6,569,599dollars as filed
Broadcom Inc.11135F101COM15,274$5,286,328dollars as filed
SABINE RTY TR785688102UNIT BEN INT68,012$4,663,569dollars as filed
ISHARES TR CORE S&P 500 ETF464287200SHS6,585$4,510,166dollars as filed
VTI922908769COM11,949$4,006,133dollars as filed
SPDR Bloomberg 1-3 Month T-Bill ETF78468R663SHS42,092$3,846,337dollars as filed
ENTERPRISE PRODS PARTNERS L293792107COM119,376$3,827,190dollars as filed
LATTICE STRATEGIES TR518416102HARTFORD MLT ETF93,710$3,464,944dollars as filed
CHIPOTLEMEXICANGRILLI169656105STOK93,320$3,452,840dollars as filed
Alphabet Inc. Reg. Shares A02079K305COM10,843$3,393,938dollars as filed
ENERGY TRANSFER L P29273V100COM UT LTD PTN188,175$3,103,013dollars as filed
VANGUARD CORE PLUS BOND ETF922020755ETF37,210$2,906,694dollars as filed
Vanguard Short-Term Bond ETF921937827SHS35,779$2,819,748dollars as filed
Tesla Motors, Inc88160R101COM6,202$2,789,163dollars as filed
FIRST TRUST TCW OPPORTUNISTIC33740F805TCW OPPORTUNIS62,065$2,750,734dollars as filed
SCHWAB STRATEGIC TR808524706EMRG MKTEQ ETF81,886$2,681,762dollars as filed
SCHWAB STRATEGIC TR808524805INTL EQTY ETF101,712$2,445,155dollars as filed
EXXON MOBIL CORP30231G102COM20,303$2,443,206dollars as filed
Palantir Technologies Inc. Class A69608A108COM13,665$2,428,954dollars as filed
MPLX LP55336V100COM UNIT REP LTD44,734$2,387,474dollars as filed
PepsiCo,Inc.713448108COM15,648$2,245,867dollars as filed
JPMorgan Chase & Co46625H100COM6,241$2,010,894dollars as filed
ISHARES 1-5 YEAR INVESTMENT GRADE CORPORATE BOND ETF464288646ETF36,524$1,931,368dollars as filed
Charles Schwab Corp808513105COM17,434$1,741,803dollars as filed
iShares Core MSCI EAFE ETF46432F842SHS19,379$1,733,659dollars as filed
Alphabet Inc. Reg. Shares C02079K107COM5,334$1,673,720dollars as filed
TAIWAN SEMICONDUCTOR MFG874039100SPONSORED ADS5,193$1,578,101dollars as filed
SOUTHSTATE BK CORP COM84472E102Stock16,149$1,519,782dollars as filed
MasterCard, Inc57636Q104COM2,639$1,506,621dollars as filed
International Business Machines Corporation459200101COM4,590$1,359,476dollars as filed
General Electric Company369604301COM4,323$1,331,614dollars as filed
Walmart Inc.931142103COM11,125$1,239,421dollars as filed
BLACK STONE MINERALS L P09225M101COM UNIT92,064$1,223,536dollars as filed
VIPER ENERGY INC64361Q101CL A31,666$1,223,256dollars as filed
TEXAS PACIFIC LAND CORPORATION COM88262P102Stock4,053$1,164,103dollars as filed
SCHWAB STRATEGIC TR808524763FUNDAMENTAL US S36,912$1,163,081dollars as filed
META PLATFORMS INC CL A30303M102COM1,747$1,153,004dollars as filed
DORCHESTER MINERALS L P25820R105COM UNIT50,961$1,139,493dollars as filed
CADENCE BANK12740C103COM25,638$1,098,334dollars as filed
PROSHARES TR74347X831ULTRAPRO QQQ20,250$1,067,580dollars as filed
GE Vernova Inc.36828A101COM1,570$1,026,387dollars as filed
SPDW78463X889COM22,431$996,147dollars as filed
Netflix, Inc64110L106COM10,580$991,981dollars as filed
Eli Lilly and Company532457108COM915$983,320dollars as filed
GOLDMAN SACHS ETF TR38149W622S&P 500 PREMIUM18,550$979,440dollars as filed
SOUTHWESTAIRLSCO844741108STOK22,726$939,283dollars as filed
ANNALY CAPITAL MANAGEMENT INC COM NEW035710839REIT41,957$938,154dollars as filed
Johnson & Johnson478160104COM4,515$934,360dollars as filed
GRAHAM HLDGS CO COM CL B384637104Stock841$923,536dollars as filed
ONEOK INC NEW682680103COM12,555$922,793dollars as filed
SPDR GOLD TR78463V107GOLD SHS2,287$906,361dollars as filed
CROWDSTRIKE HLDGS INC22788C105COM1,884$883,144dollars as filed
Merck & Co.,Inc.58933Y105COM7,807$821,752dollars as filed
Cisco Systems,Inc.17275R102COM10,661$821,203dollars as filed
NUVEEN MUN VALUE FD INC670928100COM90,060$815,944dollars as filed
Costco Wholesale Corporation22160K105COM930$802,305dollars as filed
Philip Morris International Inc.718172109COM4,998$801,743dollars as filed
iShares Core MSCI Emerging Markets ETF46434G103SHS11,705$786,821dollars as filed
AGNC INVT CORP COM00123Q104REIT72,721$779,572dollars as filed
BERKSHIRE HATHAWAY INC DEL084670108CL A1$754,800dollars as filed
Booking Holdings Inc.09857L108COM140$749,746dollars as filed
AbbVie,Inc.00287Y109COM3,245$741,514dollars as filed
J P MORGAN EXCHANGE TRADED F46654Q203NASDAQ EQT PREM12,393$720,304dollars as filed
ISHARES TR46435G425COM4,765$709,872dollars as filed
JANUS INTERNATIONAL GROUP IN47103N106COMMON STOCK104,926$686,216dollars as filed
Chevron Corporation166764100COM4,380$667,601dollars as filed
NORTHROP GRUMMAN CORP COM666807102Stock1,143$651,472dollars as filed
Visa Inc92826C839COM1,851$649,088dollars as filed
Morgan Stanley617446448COM3,579$635,461dollars as filed
Amgen Inc.031162100COM1,936$633,600dollars as filed
Home Depot, Inc437076102COM1,831$630,157dollars as filed
Vanguard S&P 500 ETF922908363COM984$617,007dollars as filed
Micron Technology,Inc.595112103COM2,119$604,926dollars as filed
IJH464287507COM8,974$592,313dollars as filed
iShares S&P 500 Growth ETF464287309SHS4,733$583,361dollars as filed
Coca-Cola Company191216100COM8,329$582,281dollars as filed
Intuitive Surgical,Inc.46120E602COM973$551,068dollars as filed
American Express Company025816109COM1,456$538,587dollars as filed
COREWEAVE INC COM CL A21873S108COM7,517$538,292dollars as filed
INVESCO EXCH TRADED FD TR II46138G649COM2,122$536,622dollars as filed
NORFOLK SOUTHN CORP COM655844108Stock1,825$526,914dollars as filed
Uber Technologies90353T100COM6,363$519,921dollars as filed
Bank of America Corp060505104COM9,385$516,193dollars as filed
iShares Gold Trust464285204COM6,352$515,592dollars as filed
KIMBELL RTY PARTNERS LP49435R102UNIT43,815$515,264dollars as filed
MARVELL TECHNOLOGY INC573874104COM6,012$510,881dollars as filed
Technology Select Sector SPDR Fund81369Y803SHS3,507$504,840dollars as filed
Altria Group Inc02209S103COM8,700$501,655dollars as filed
SIREN ETF TR829658301CMN6,397$487,613dollars as filed
SPDR Portfolio S&P 500 High Dividend ETF78468R788SHS11,194$484,126dollars as filed
SPDR S&P 600 Small Cap Value ETF78464A300SHS5,112$465,053dollars as filed
Intel Corp458140100COM12,377$456,703dollars as filed
iShares Core US Aggregate Bond ETF464287226SHS4,418$441,225dollars as filed
WESTERN MIDSTREAM PARTNERS L958669103COM UNIT LP INT10,947$432,419dollars as filed
Salesforce.com, Inc79466L302COM1,621$429,419dollars as filed
Texas Instruments Incorporated882508104COM2,439$423,059dollars as filed
YUM BRANDS INC COM988498101Stock2,762$417,835dollars as filed
USA TODAY CO INC36472T109COM80,000$412,000dollars as filed
PALO ALTO NETWORKS INC697435105COM2,211$407,266dollars as filed
DIREXION SHARES ETF TRUST25459W730CMN8,000$406,080dollars as filed
ISHARES TR464287457COM4,873$403,575dollars as filed
NXP SEMICONDUCTORS N V COMN6596X109Stock1,833$397,871dollars as filed
AT&T Inc00206R102COM16,003$397,522dollars as filed
BLACKSTONE INC09260D107COM2,569$396,024dollars as filed
ASTRAZENECA PLC SPONSORED ADR046353108ADR4,240$389,795dollars as filed
SPDR Portfolio S&P 600 Small Cap ETF78468R853SHS8,306$389,237dollars as filed
Vanguard Extended Market ETF922908652SHS1,858$388,455dollars as filed
DIREXION SHARES ETF TRUST25459Y207NASDAQ 100 EQ WT3,771$385,791dollars as filed
United Parcel Service,Inc. Class B911312106COM3,859$382,733dollars as filed
Vanguard Real Estate922908553SHS4,271$377,929dollars as filed
NextEra Energy,Inc.65339F101COM4,579$367,633dollars as filed
ALIBABA GROUP HLDG LTD01609W102SPONSORED ADS2,446$358,535dollars as filed
JOHNSON OUTDOORS INC A479167108COMMON STOCK8,424$357,603dollars as filed
CAVAGROUPINC148929102STOK6,085$357,129dollars as filed
iShares Silver Trust46428Q109COM5,531$356,307dollars as filed
VGT92204A702SHS469$353,453dollars as filed
RBB FD INC74933W601MOTLEY FOL ETF4,773$342,565dollars as filed
Oracle Corporation68389X105COM1,705$332,357dollars as filed
TORTOISE NORTH AMERICAN PIPELINE ETF890930308ETF9,415$332,287dollars as filed
Verizon Communications Inc92343V104COM8,131$331,186dollars as filed
Wells Fargo & Company949746101COM3,488$325,093dollars as filed
Goldman Sachs Group,Inc.38141G104COM368$323,466dollars as filed
VANECK ETF TRUST92189F676COM894$321,830dollars as filed
Caterpillar Inc.149123101COM558$319,911dollars as filed
VANECK ETF TRUST92189F106GOLD MINERS ETF3,723$319,289dollars as filed
Thermo Fisher Scientific Inc.883556102COM550$318,951dollars as filed
FIRST TR EXCHANGE-TRADED FD33738D101NO AMER ENERGY8,300$314,320dollars as filed
Advanced Micro Devices,Inc.007903107COM1,454$311,389dollars as filed
ConocoPhillips20825C104COM3,317$310,464dollars as filed
DELL TECHNOLOGIES INC CL C24703L202Stock2,443$307,487dollars as filed
Energy Select Sector SPDR Fund81369Y506SHS6,803$304,182dollars as filed
PRUDENTIAL FINL INC COM744320102Stock2,648$298,855dollars as filed
EOG RES INC COM26875P101Stock2,787$292,635dollars as filed
OKLO INC COM CL A02156V109Stock4,042$290,054dollars as filed
GRAYSCALE ETHEREUM TRUST ETF389638107SHS11,850$288,785dollars as filed
ISHARESRUSSELL1000GROWTHETF464287614STOK603$285,446dollars as filed
CAPITAL ONE FINL CORP14040H105COM1,173$284,288dollars as filed
GILDAN ACTIVEWEAR INC COM375916103Stock4,310$269,203dollars as filed
Pfizer Inc.717081103COM10,788$268,620dollars as filed
Abbott Laboratories002824100COM2,141$268,189dollars as filed
EQT CORP COM26884L109Stock5,000$268,000dollars as filed
INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF46137V365ETF3,351$266,716dollars as filed
INVESCO EXCHANGE TRADED FD T46137V100AEROSPACE DEFN1,686$264,152dollars as filed
Raytheon Technologies Corporation75513E101COM1,438$263,736dollars as filed
Boeing Company097023105COM1,179$255,984dollars as filed
Union Pacific Corporation907818108COM1,106$255,909dollars as filed
UnitedHealth Group Inc91324P102COM772$254,986dollars as filed
ISHARES INC46434G764MSCI EMRG CHN3,481$253,012dollars as filed
NEWMONT CORP651639106COM2,528$252,437dollars as filed
Automatic Data Processing,Inc.053015103COM916$235,706dollars as filed
McDonalds Corporation580135101COM758$231,621dollars as filed
Procter & Gamble Co742718109COM1,608$230,466dollars as filed
AGNICO EAGLE MINES LTD COM008474108Stock1,355$229,713dollars as filed
CIRCLE INTERNET GROUP INC172573107COM CL A2,883$228,622dollars as filed
Walt Disney Co254687106COM1,980$225,289dollars as filed
Financial Select Sector SPDR Fund81369Y605SHS4,099$224,502dollars as filed
CME Group Inc. Class A12572Q105COM821$224,213dollars as filed
Lockheed Martin Corporation539830109COM459$221,933dollars as filed
CHEWYINCCLASSCLASSA16679L109STOK6,712$221,832dollars as filed
GRAIL INC384747101COM2,570$219,966dollars as filed
Star Hldgs Shs Ben Int85512G106Common Stock26,629$219,157dollars as filed
TRAVELERS COMPANIES INC COM89417E109Stock748$216,965dollars as filed
Elevance Health, Inc.036752103COM617$216,374dollars as filed
iShares U.S. Medical Devices ETF464288810SHS3,479$216,235dollars as filed
iShares Expanded Tech-Software Sector ETF464287515SHS2,028$214,345dollars as filed
Adobe Inc00724F101COM611$213,844dollars as filed
ISHARES TR46435G516COM2,226$211,677dollars as filed
SPROTT PHYSICAL GOLD TR85207H104UNIT6,369$210,304dollars as filed
iShares MSCI ACWI Low Carbon Target ETF46434V464SHS907$209,091dollars as filed
KIMBERLY-CLARK CORP COM494368103Stock2,056$207,430dollars as filed
DOMINION ENERGY INC COM25746U109Stock3,532$206,942dollars as filed
ADVISORSHARES TR00768Y289MSOS DAILY LVRGD30,000$134,400dollars as filed
Direxion Daily Semiconductors Bear 3x Shares25460G112ETF33,000$103,290dollars as filed
PERMROCK ROYALTY TRUST714254109TR UNIT28,741$80,475dollars as filed
ELEDON PHARMACEUTICALS INC28617k101COM30,000$45,300dollars as filed
ZJK INDL CO. LTD.G98Y9E102ORD SHS CL A12,500$25,000dollars as filed
CONDUENT INC206787103COM10,000$19,200dollars as filed

Amendment chain

FilingRoleFiledAcceptedIngested
13F-HR 0001768130-26-000001this filing2026-01-12acceptance time not in the bulk data set