Nesting favorites in Edge

Hello everybody,

I have been trying to figure out how to create folders and have favorites in them in the Edge browser. I have a ton of favorites that are organized by folder of what topic they deal with. My googlefu seems to point to an answer of no folders on the favorites bar, just an endless list of items. Knowing Microsoft the way I do this seems very unlikely, my take is that they love nesting.

Any suggestions?

Microsoft Edge now lets you add new folders, drag and drop items from the favourites list and generally sort out the nesting to your hearts content. All this from the dropdown menu icon at the top right (the three horizontal lines).

Awww man, feels like my first day again....