HFS

Howard Financial Services Portfolio holdings

AUM $761M

This Quarter Return

-1.37%

1 Year Return

+9.87%

3 Year Return

+40.66%

5 Year Return

+75.52%

10 Year Return

–

AUM

$734M

AUM Growth

-$734K (-0.1%)

Cap. Flow

+$13M

Cap. Flow % of AUM

1.77%

Top 10 Holdings %Top 10 Hldgs %

53.32%

Holding

199

New

Increased

Reduced

Closed

Top Buys

1	WisdomTree Trust WisdomTree US Quality Dividend Growth Fund DGRW	$6.34M
2	iShares MSCI USA Quality Factor ETF QUAL	$5.08M
3	Invesco S&P 500 GARP ETF SPGP	$4.3M
4	VanEck Fallen Angel High Yield Bond ETF ANGL	$3.01M
5	SPDR Bloomberg Short Term High Yield Bond ETF SJNK	$2.45M

Top Sells

1	Pacer US Small Cap Cash Cows 100 ETF CALF	$2.25M
2	PGIM Total Return Bond ETF PTRB	$1.76M
3	IBTX Independent Bank Group, Inc. IBTX	$1.64M
4	iShares MSCI Intl Quality Factor ETF IQLT	$1.46M
5	First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETF FIXD	$1.24M

Sector Composition

1	Technology	8%
2	Energy	3.36%
3	Financials	2.63%
4	Consumer Discretionary	2.14%
5	Consumer Staples	1.01%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
76	76 Johnson & Johnson JNJ $404B	$772K	0.11%	4,653 -297	-6%	-$49.3K
77	77 Cadence Bank CADE $6.54B	$767K	0.1%	25,270 +180	+0.7%	+$5.47K
78	78 Southwest Airlines LUV $16.3B	$760K	0.1%	22,642 +185	+0.8%	+$6.21K
79	79 SPDR Gold Trust GLD $101B	$759K	0.1%	2,634 -40	-2%	-$11.5K
80	80 Janus International JBI $1.26B	$757K	0.1%	105,144	–	–
81	81 Alphabet (Google) Class C GOOG $2.39T	$753K	0.1%	4,822 +565	+13%	+$88.3K
82	82 Philip Morris PM $254B	$725K	0.1%	4,566 +753	+20%	+$120K
83	83 Visa V $692B	$648K	0.09%	1,848 -123	-6%	-$43.1K
84	84 CrowdStrike CRWD $116B	$639K	0.09%	1,811 -254	-12%	-$89.6K
85	85 JPMorgan Nasdaq Equity Premium Income ETF JEPQ $28.5B	$635K	0.09%	12,264 -1,964	-14%	-$102K
86	86 iShares Core MSCI Emerging Markets ETF IEMG $99.5B	$633K	0.09%	11,720	–	–
87	87 Cisco CSCO $271B	$624K	0.09%	10,115 -47	-0.5%	-$2.9K
88	88 Booking.com BKNG $184B	$617K	0.08%	134 +3	+2%	+$13.8K
89	89 Annaly Capital Management NLY $13.4B	$612K	0.08%	30,156 +1,333	+5%	+$27.1K
90	90 Home Depot HD $374B	$604K	0.08%	1,648 -167	-9%	-$61.2K
91	91 AbbVie ABBV $337B	$596K	0.08%	2,845 -915	-24%	-$192K
92	92 Merck MRK $208B	$588K	0.08%	6,552 -708	-10%	-$63.6K
93	93 Eli Lilly LLY $687B	$579K	0.08%	701 +69	+11%	+$57K
94	94 iShares ESG Aware MSCI USA ETF ESGU $14.1B	$577K	0.08%	4,730 +12	+0.3%	+$1.46K
95	95 Vanguard S&P 500 ETF VOO $703B	$571K	0.08%	1,111 -673	-38%	-$346K
96	96 iShares 1-3 Year Treasury Bond ETF SHY $23.4B	$565K	0.08%	6,831 -127	-2%	-$10.5K
97	97 ProShares UltraShort Bloomberg Natural Gas KOLD $260M	$548K	0.07%	+28,000	New	+$548K
98	98 CAVA Group CAVA $10.4B	$535K	0.07%	6,194	–	–
99	99 AGNC Investment AGNC $10.1B	$534K	0.07%	55,766 +1,932	+4%	+$18.5K
100	100 Coca-Cola KO $298B	$531K	0.07%	7,408 -183	-2%	-$13.1K