HOWARD FINANCIAL SERVICES LTD
Q2 2026 Form 13-F
DALLAS, TEXAS
CIK 0001768130
· CRD 107978
· SEC-registered investment adviser
$927.3M Reported Value Total
HOWARD FINANCIAL SERVICES, LTD. reports 1,276 total accounts under management (AUM). There are 1,276 discretionary accounts valued at $1,401,802,140, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
101 funds
· $349.0M gross asset value
Real Estate Fund: $213.6M · Other: $130.2M · Hedge Fund: $5.2M
Source: Form ADV filed 2026-08-12
Reported value
$927.3M
Quarter over quarter
+9.0%
Holdings
238
Top-10 concentration
49.4%
Key People
Form ADV owners & control persons
James N Howard
SHAREHOLDER
Derek Daniel Childs
MEMBER
Randall Wyatt Horton
DIRECTOR OF PUBLIC INVESTMENTS
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13F Metrics
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Q2 2026 13F record
Q2 2026 13F filing summary
| Period of report | June 30, 2026 |
|---|---|
| Filed | July 07, 2026 |
| Form | 13F-HR |
| Reported value | $927.3M |
| Positions | 238 |
| Change in reported value | +4.4% |
| New positions | 43 |
| Exited positions | 27 |
| Position turnover | 26.4% |
| Top-10 concentration | 49.4% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Oct 14, 2026
|
234 | $954.3M |
|
Q2 2026 13F
Filed Jul 7, 2026
|
238 | $927.3M |
|
Q1 2026 13F
Filed Apr 7, 2026
|
222 | $888.0M |
|
Q4 2025 13F
Filed Jan 12, 2026
|
205 | $855.1M |
|
Q3 2025 13F
Filed Oct 23, 2025
|
198 | $817.3M |
|
Q2 2025 13F
Filed Jul 2, 2025
|
182 | $760.7M |
|
Q1 2025 13F
Filed Apr 7, 2025
|
183 | $734.4M |
|
Q4 2024 13F
Filed Jan 15, 2025
|
186 | $735.1M |
|
Q3 2024 13F
Filed Oct 8, 2024
|
168 | $692.5M |
|
Q2 2024 13F
Filed Jul 12, 2024
|
156 | $610.2M |
|
Q1 2024 13F
Filed Apr 16, 2024
|
159 | $580.5M |
|
Q4 2023 13F
Filed Jan 9, 2024
|
152 | $518.7M |
|
Q3 2023 13F
Filed Oct 10, 2023
|
145 | $436.2M |
|
Q2 2023 13F
Filed Jul 12, 2023
|
141 | $419.1M |
|
Q1 2023 13F
Filed Apr 5, 2023
|
141 | $410.5M |
|
Q4 2022 13F
Filed Jan 13, 2023
|
139 | $380.7M |
|
Q3 2022 13F
Filed Oct 12, 2022
|
129 | $308.5M |
|
Q2 2022 13F
Filed Jul 18, 2022
|
123 | $294.5M |
|
Q1 2022 13F
Filed Apr 20, 2022
|
134 | $337.6M |
|
Q4 2021 13F
Filed Jan 27, 2022
|
129 | $333.4M |
12 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | QUAL ISHARES TR | $106.4M | 11.48% |
| 2 | SCHD SCHWAB STRATEGIC TR | $60.4M | 6.51% |
| 3 | VIG VANGUARD SPECIALIZED FUNDS | $45.3M | 4.89% |
| 4 | SPGP INVESCO EXCHANGE TRADED FD T | $40.0M | 4.31% |
| 5 | RSP INVESCO EXCHANGE TRADED FD T | $38.2M | 4.11% |
| 6 | GTO INVESCO ACTIVELY MANAGED EXC | $37.4M | 4.03% |
| 7 | DGRW WISDOMTREE TR | $36.6M | 3.95% |
| 8 | HTRB HARTFORD FDS EXCHANGE TRADED | $34.3M | 3.7% |
| 9 | PTRB PGIM ETF TR | $32.3M | 3.48% |
| 10 | SCHG SCHWAB STRATEGIC TR | $27.4M | 2.96% |
| 11 | AAPL APPLE INC | $27.1M | 2.92% |
| 12 | IQLT ISHARES TR | $25.6M | 2.76% |
| 13 | FNDF SCHWAB STRATEGIC TR | $23.8M | 2.56% |
| 14 | RDVY FIRST TR EXCHANGE TRADED FD | $23.0M | 2.48% |
| 15 | ANGL VANECK ETF TRUST | $19.8M | 2.13% |
| 16 | TOTL SSGA ACTIVE ETF TR | $19.4M | 2.09% |
| 17 | XSOE WISDOMTREE TR | $18.3M | 1.97% |
| 18 | VIGI VANGUARD WHITEHALL FDS | $18.0M | 1.95% |
| 19 | SJNK SPDR SERIES TRUST | $16.3M | 1.76% |
| 20 | SPY STATE STR SPDR S&P 500 ETF T | $12.7M | 1.37% |
Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.