Howard Financial Services, LTD.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 7, 2026), Howard Financial Services, LTD. reported 268 stock positions worth $1.0 billion. Its top holding was iShares MSCI USA Quality Fac (QUAL) at 11.3% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 6.2%) and Vanguard Dividend Apprec ETF (VIG, 4.7%). Compared with Q1 2026, it opened 55 new positions, sold out of 9, added to 135 and reduced 52. The biggest buy was Schwab US Large-Cap Growth (SCHG, shares +15%) and the biggest sale JPMorgan Ultra-Short Income (JPST, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001768130
- Portfolio Value
- $1.0B (Q2 2026)
- SEC Filing
- 0001768130-26-000003 ↗ filed Jul 7, 2026
Holdings Value
Holdings 268 stocks · $1.0B
| QUAL iShares MSCI USA Quality Fac | 11.25% | 513,557 | $112.7M | Add +2.1% |
| SCHD Schwab US DVD Equity ETF | 6.19% | 1,953,598 | $61.9M | Add +0.4% |
| VIG Vanguard Dividend Apprec ETF | 4.74% | 200,595 | $47.5M | Reduce -0.0% |
| AAPL Apple Inc. | 4.01% | 138,692 | $40.1M | Add +0.8% |
| SPGP Invesco S&P 500 Garp ETF | 4.00% | 327,925 | $40.1M | Reduce -3.8% |
| RSP Invesco S&P 500 Equal Weight | 3.98% | 187,403 | $39.9M | Reduce -2.5% |
| DGRW Wisdomtree U.S. Quality Divi | 3.81% | 398,575 | $38.1M | Add +6.2% |
| GTO Invesco Total Return Bond Et | 3.74% | 799,598 | $37.5M | Add +4.0% |
| HTRB Hartford TTL RTRN BND ETF | 3.42% | 1,016,250 | $34.3M | Add +2.9% |
| PTRB Pgim Total Return Bond ETF | 3.24% | 781,736 | $32.4M | Add +0.3% |
| SCHG Schwab US Large-Cap Growth | 2.76% | 816,706 | $27.6M | Add +14.6% |
| IQLT iShares MSCI International Q | 2.56% | 517,003 | $25.6M | Add +8.5% |
| RDVY First Trust Rising Dividend | 2.43% | 299,667 | $24.3M | Add +4.0% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 2.38% | 451,265 | $23.8M | Add +8.7% |
| ANGL Vaneck Fallen Angel High YLD | 2.02% | 690,639 | $20.2M | Add +3.2% |
| TOTL SS Doubleline TR Tact ETF | 1.94% | 492,358 | $19.4M | Reduce -8.2% |
| VIGI Vanguard Int Div App Indx FD | 1.84% | 197,383 | $18.4M | Add +5.8% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 1.83% | 372,715 | $18.3M | Add +10.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.77% | 23,788 | $17.8M | Add +0.3% |
| SJNK SS SPDR BB St Hi Yield ETF | 1.67% | 670,023 | $16.8M | Reduce -10.0% |
| NVDA Nvidia Corp. | 1.64% | 82,044 | $16.4M | Reduce -1.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.22% | 16,641 | $12.3M | Reduce -4.8% |
| MOAT Vaneck Morningstar Wide Moat | 1.01% | 97,692 | $10.2M | Reduce -8.8% |
| VPLS Vanguard Core-Plus Bond ETF | 0.97% | 125,340 | $9.7M | Add +45.0% |
| MSFT Microsoft Corp. | 0.94% | 25,262 | $9.4M | Reduce -1.8% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.88% | 173,595 | $8.8M | Reduce -3.7% |
| AMZN Amazon.com Inc. | 0.88% | 36,786 | $8.8M | Add +12.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.76% | 15,223 | $7.6M | Reduce -0.3% |
| JPST JPMorgan Ultra-Short Income | 0.76% | 150,222 | $7.6M | Reduce -31.9% |
| AVGO Broadcom Inc. | 0.69% | 18,322 | $6.9M | Add +13.4% |
| GOOGL Alphabet Inc. Class A | 0.63% | 17,727 | $6.3M | Add +19.8% |
| FPE FT-Preferred Secur & Inc. ETF | 0.61% | 341,178 | $6.1M | Reduce -3.5% |
| IVV iShares Core S&P 500 ETF | 0.55% | 7,299 | $5.5M | Add +6.3% |
| EPD Enterprise Products Partners | 0.51% | 139,438 | $5.1M | Add +4.2% |
| SBR Sabine Royalty Trust | 0.50% | 68,187 | $5.0M | Add +0.1% |
| INTC Intel Corp. | 0.42% | 30,459 | $4.3M | Add +216.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.41% | 11,079 | $4.1M | Add +0.3% |
| ET Energy Transfer LP | 0.38% | 201,504 | $3.9M | Add +2.2% |
| RODM Hartford Multifact Dev MRKT | 0.36% | 88,991 | $3.6M | Add +0.9% |
| CMG Chipotle Mexican Grill Inc. | 0.32% | 93,520 | $3.2M | Reduce -0.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.31% | 6,449 | $3.1M | Add +3.7% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.29% | 81,218 | $2.9M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 0.29% | 21,313 | $2.9M | Add +5.8% |
| MPLX MPLX LP | 0.27% | 48,413 | $2.7M | Add +6.2% |
| GEV GE Vernova Inc. | 0.26% | 2,242 | $2.6M | Add +63.4% |
| MU Micron Technology Inc. | 0.26% | 2,257 | $2.6M | Add +0.2% |
| SCHF Schwab Intl Equity ETF | 0.25% | 91,676 | $2.5M | Reduce -9.3% |
| JPM JPMorgan Chase & Co. | 0.25% | 7,710 | $2.5M | Add +7.7% |
| FIXD First Trust Smith Opportunis | 0.25% | 56,809 | $2.5M | Reduce -4.4% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.23% | 43,221 | $2.3M | Add +6.9% |
| TSLA Tesla Inc. | 0.22% | 5,123 | $2.2M | Add +4.0% |
| GOOG Alphabet Inc. Class C | 0.21% | 5,942 | $2.1M | Reduce -3.3% |
| SCHW Schwab (charles) Corp. | 0.21% | 22,309 | $2.1M | Add +27.6% |
| PEP Pepsico Inc. | 0.21% | 15,202 | $2.1M | Reduce -2.4% |
| LLY Eli Lilly & Co. | 0.20% | 1,693 | $2.0M | Add +43.0% |
| MRVL Marvell Technology Inc. | 0.20% | 6,771 | $2.0M | Add +11.7% |
| JNJ Johnson & Johnson | 0.19% | 7,616 | $1.9M | Add +23.1% |
| PLTR Palantir Technologies Inc. Class A | 0.19% | 16,403 | $1.9M | Add +18.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.18% | 18,933 | $1.8M | Reduce -0.3% |
| TPL Texas Pacific Land Corp. | 0.18% | 4,056 | $1.8M | Reduce -0.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.17% | 2,254 | $1.7M | Add +3.6% |
| WMT Walmart Inc. | 0.16% | 14,487 | $1.6M | Add +4.9% |
| SSB Southstate Bank Corp. | 0.16% | 16,149 | $1.6M | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.15% | 39,730 | $1.5M | Add +0.1% |
| META Meta Platforms Inc. Class A | 0.15% | 2,598 | $1.5M | Add +0.0% |
| CSCO Cisco Systems Inc. | 0.15% | 12,446 | $1.5M | Add +9.1% |
| GE General Electric filed as GE AEROSPACE | 0.15% | 3,893 | $1.5M | Add +12.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.14% | 5,054 | $1.4M | Add +5.4% |
| MA Mastercard Inc. Class A | 0.14% | 2,637 | $1.4M | Add +2.7% |
| VNOM Viper Energy Inc. Class A | 0.13% | 31,744 | $1.3M | Add +0.0% |
| BSV Vanguard Short-Term Bond ETF | 0.13% | 17,044 | $1.3M | Reduce -19.0% |
| SMH Vaneck Semiconductor ETF | 0.13% | 2,021 | $1.3M | Add +8.8% |
| ABBV Abbvie Inc. | 0.13% | 5,209 | $1.3M | Add +24.7% |
| DMLP Dorchester Minerals LP | 0.13% | 51,649 | $1.3M | Add +0.0% |
| HBAN Huntington Bancshares Inc. | 0.13% | 73,456 | $1.3M | Add +0.6% |
| PANW Palo Alto Networks Inc. | 0.13% | 3,801 | $1.3M | Add +58.5% |
| VOO Vanguard S&P 500 ETF | 0.13% | 1,882 | $1.3M | Add +99.4% |
| BSM Black Stone Minerals LP | 0.13% | 92,418 | $1.3M | Add +0.2% |
| GPIX GLDM SA S&P 500 PR in ETF-US | 0.12% | 21,886 | $1.2M | Add +0.3% |
| OKE Oneok Inc. | 0.12% | 13,624 | $1.2M | Reduce -3.4% |
| KO The Coca-Cola Co. | 0.12% | 14,291 | $1.2M | Add +18.6% |
| CHAT Roundhill Gen AI & Tech ETF | 0.12% | 11,764 | $1.2M | New |
| MRK Merck & Co. Inc. | 0.11% | 8,945 | $1.1M | Add +5.6% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.11% | 22,437 | $1.1M | No change |
| LUV Southwest Airlines Co. | 0.11% | 21,615 | $1.1M | Reduce -5.6% |
| NLY Annaly Capital Management Inc. | 0.11% | 48,566 | $1.1M | Add +13.2% |
| AMD Advanced Micro Devices | 0.11% | 1,868 | $1.1M | Add +19.1% |
| PM Philip Morris International | 0.10% | 5,800 | $1.0M | Add +6.3% |
| COST Costco Wholesale Corp. | 0.10% | 1,110 | $1.0M | Reduce -1.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.10% | 10,702 | $981K | Reduce -1.5% |
| IJH iShares Core S&P Midcap ETF | 0.10% | 12,717 | $981K | Add +0.2% |
| BAC Bank of America Corp. | 0.10% | 17,206 | $980K | Add +7.2% |
| V Visa Inc. Class A | 0.10% | 2,841 | $975K | Add +2.7% |
| IEMG iShares Core MSCI Emerging | 0.10% | 11,706 | $970K | Add +0.0% |
| MS Morgan Stanley | 0.10% | 4,628 | $967K | Add +6.5% |
| GHC Graham Holdings Co. Class B | 0.10% | 844 | $963K | Add +0.2% |
| NBHC National Bank Hold Class A | 0.09% | 21,191 | $942K | Reduce -24.8% |
| CVX Chevron Corp. | 0.09% | 5,626 | $933K | Add +8.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.09% | 3,067 | $930K | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.09% | 11,444 | $922K | No change |
Options reported separately and not counted above: NOW calls ($20K).
Portfolio Sells Q1 2026 → Q2 2026
| JPST JPMorgan Ultra-Short Income | Reduce -31.9% | 0.76% | −0.50 |
| TOTL SS Doubleline TR Tact ETF | Reduce -8.2% | 1.94% | −0.46 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -10.0% | 1.67% | −0.42 |
| UAMY United States Antimony Corp. | Reduce -79.5% | 0.04% | −0.21 |
| RSP Invesco S&P 500 Equal Weight | Reduce -2.5% | 3.98% | −0.17 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -8.8% | 1.01% | −0.15 |
| MSFT Microsoft Corp. | Reduce -1.8% | 0.94% | −0.13 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -3.8% | 4.00% | −0.13 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.0% | 4.74% | −0.12 |
| FPE FT-Preferred Secur & Inc. ETF | Reduce -3.5% | 0.61% | −0.10 |
| TQQQ Proshares Ultrapro QQQ | Sold out | 0.00% | −0.10 |
| PEP Pepsico Inc. | Reduce -2.4% | 0.21% | −0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 0.76% | −0.06 |
| BSV Vanguard Short-Term Bond ETF | Reduce -19.0% | 0.13% | −0.05 |
| MIDU Dirxn DLY Mid Cap BL 3XE-Usi | Sold out | 0.00% | −0.05 |
| FIXD First Trust Smith Opportunis | Reduce -4.4% | 0.25% | −0.04 |
| NFLX Netflix Inc. | Reduce -1.0% | 0.08% | −0.04 |
| TPL Texas Pacific Land Corp. | Reduce -0.5% | 0.18% | −0.04 |
| NOC Northrop Grumman Corp. | Reduce -8.6% | 0.05% | −0.04 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -3.7% | 0.88% | −0.03 |
| GLD SPDR Gold Shares | Reduce -7.6% | 0.08% | −0.03 |
| CRCL Circle Internet Group Inc. | Sold out | 0.00% | −0.03 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.03 |
| NBHC National Bank Hold Class A | Reduce -24.8% | 0.09% | −0.03 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.03 |
| SCHF Schwab Intl Equity ETF | Reduce -9.3% | 0.25% | −0.03 |
| NOG Northern Oil and Gas Inc. | Sold out | 0.00% | −0.03 |
| PHYS Sprott Physical Gold Trust | Sold out | 0.00% | −0.03 |
| OKE Oneok Inc. | Reduce -3.4% | 0.12% | −0.03 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -1.4% | 0.10% | −0.02 |
| ISRG Intuitive Surgical Inc. | Reduce -19.4% | 0.04% | −0.02 |
| CMG Chipotle Mexican Grill Inc. | Reduce -0.4% | 0.32% | −0.02 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -1.5% | 0.10% | −0.01 |
| ICE Intercontinental Exchange Inc. | Reduce -13.2% | 0.02% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -0.7% | 0.06% | −0.01 |
| AEM Agnico Eagle Mines Ltd. | Reduce -2.6% | 0.02% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -11.0% | 0.02% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.3% | 0.18% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -19.9% | 0.03% | −0.01 |
| PRT Permrock Royalty Trust | Sold out | 0.00% | −0.01 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -24.0% | 0.04% | −0.01 |
| EQT Eqt Corp. | Reduce -2.8% | 0.03% | −0.01 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -0.7% | 0.29% | −0.01 |
| MO Altria Group Inc. | Reduce -5.8% | 0.06% | −0.01 |
| COF Capital One Financial Corp. | Reduce -17.7% | 0.02% | −0.01 |
| TPYP Tortoise North American Pipe | Reduce -1.2% | 0.04% | −0.01 |
| YUM Yum! Brands Inc. | Reduce -1.3% | 0.05% | −0.01 |
| TMFC Motley Fool 100 Index ETF | Reduce -18.3% | 0.03% | −0.01 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -3.0% | 0.07% | −0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| SCHG Schwab US Large-Cap Growth | Add +14.6% | 2.76% | +0.42 |
| QUAL iShares MSCI USA Quality Fac | Add +2.1% | 11.25% | +0.39 |
| INTC Intel Corp. | Add +216.7% | 0.42% | +0.38 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Add +10.7% | 1.83% | +0.31 |
| VPLS Vanguard Core-Plus Bond ETF | Add +45.0% | 0.97% | +0.22 |
| RDVY First Trust Rising Dividend | Add +4.0% | 2.43% | +0.21 |
| MU Micron Technology Inc. | Add +0.2% | 0.26% | +0.17 |
| GOOGL Alphabet Inc. Class A | Add +19.8% | 0.63% | +0.15 |
| MRVL Marvell Technology Inc. | Add +11.7% | 0.20% | +0.13 |
| GEV GE Vernova Inc. | Add +63.4% | 0.26% | +0.13 |
| AVGO Broadcom Inc. | Add +13.4% | 0.69% | +0.13 |
| CHAT Roundhill Gen AI & Tech ETF | New | 0.12% | +0.12 |
| AMZN Amazon.com Inc. | Add +12.2% | 0.88% | +0.11 |
| DGRW Wisdomtree U.S. Quality Divi | Add +6.2% | 3.81% | +0.09 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +8.7% | 2.38% | +0.09 |
| SOXX iShares Semiconductor ETF | New | 0.09% | +0.09 |
| PANW Palo Alto Networks Inc. | Add +58.5% | 0.13% | +0.09 |
| LLY Eli Lilly & Co. | Add +43.0% | 0.20% | +0.08 |
| IQLT iShares MSCI International Q | Add +8.5% | 2.56% | +0.08 |
| AAPL Apple Inc. | Add +0.8% | 4.01% | +0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +3.6% | 0.17% | +0.08 |
| AMD Advanced Micro Devices | Add +19.1% | 0.11% | +0.07 |
| TSM Taiwan Semiconductor-SP ADR | Add +3.7% | 0.31% | +0.07 |
| FTEC Fidelity MSCI Info Tech Indx | New | 0.07% | +0.07 |
| IGPT Invesco AI and Next Gen Soft | New | 0.07% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +99.4% | 0.13% | +0.07 |
| IQM Franklin Intelligent Machine | New | 0.05% | +0.05 |
| SMH Vaneck Semiconductor ETF | Add +8.8% | 0.13% | +0.05 |
| CSCO Cisco Systems Inc. | Add +9.1% | 0.15% | +0.05 |
| KLAC KLA Corp. | New | 0.04% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +6.3% | 0.55% | +0.04 |
| AZN Astrazeneca PLC | New | 0.04% | +0.04 |
| KMB Kimberly-Clark Corp. | Add +129.3% | 0.07% | +0.04 |
| DUK Duke Energy Corp. | New | 0.04% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.3% | 1.77% | +0.04 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.04% | +0.04 |
| DGRO iShares Core Dividend Growth | New | 0.04% | +0.04 |
| GE General Electric | Add +12.1% | 0.15% | +0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.03% | +0.03 |
| EMR Emerson Electric Co. | Add +106.2% | 0.06% | +0.03 |
| SO The Southern Co. | New | 0.03% | +0.03 |
| WDC Western Digital Corp. | New | 0.03% | +0.03 |
| DHI D.R. Horton Inc. | New | 0.03% | +0.03 |
| ABBV Abbvie Inc. | Add +24.7% | 0.13% | +0.03 |
| INTU Intuit Inc. | New | 0.03% | +0.03 |
| NOW ServiceNow Inc. | New | 0.03% | +0.03 |
| ENB Enbridge Inc. | New | 0.03% | +0.03 |
| ADP Automatic Data Processing | New | 0.03% | +0.03 |
| SHEL Shell PLC-ADR | New | 0.03% | +0.03 |
| ANET Arista Networks Inc. | New | 0.03% | +0.03 |
Options Activity Q1 2026 → Q2 2026
| IWM iShares Russell 2000 ETF | put | Sold out | 68,500 | $103Kbefore exit |
| NOW ServiceNow Inc. | call | New | 200 | $20K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 268 | $1.0B | QUAL, SCHD, VIG, AAPL, SPGP |
| Q1 2026 | 222 | $887.9M | QUAL, SCHD, VIG, RSP, SPGP |
| Q4 2025 | 205 | $855.1M | QUAL, SCHD, VIG, SPGP, RSP |
| Q3 2025 | 198 | $817.3M | QUAL, SCHD, VIG, SPGP, RSP |
| Q2 2025 | 182 | $760.6M | QUAL, SCHD, VIG, SPGP, RSP |
| Q1 2025 | 183 | $734.4M | QUAL, SCHD, VIG, SPGP, RSP |
| Q4 2024 | 186 | $735.1M | QUAL, SCHD, VIG, RSP, AAPL |
| Q3 2024 | 168 | $692.5M | QUAL, SCHD, RSP, VIG, GTO |
| Q2 2024 | 156 | $610.2M | QUAL, SCHD, RSP, VIG, AAPL |
| Q1 2024 | 159 | $580.2M | QUAL, SCHD, RSP, VIG, AAPL |