Create a new folder by right clicking anywhere on the list.
Scroll to the bottom and name the folder.
Please notice Rename or Remove on the context menu also when right clicking on a folder..
Move the folder or a single link on the list by left click holding and drag up or down the list. If by chance you make a mistake and place one in a folder, simply open the folder, grab the link, move it up to FAVORITES at the top (Move will appear), and release.
Here's the context menu list when right clicking a link.
You may keep the Hub open by clicking on the Pin button.