How do you organize favorites in IE 11 when you have a REALLY long list?

[Flowerz]

I would just drag each into a folder, but that would take a long, long time and I risk losing the link when dragging it..

I thought about copy and pasting every link to notepad or something and then re-adding every link to the folders.... but that is also going to take a LONG time. Isn't there a way to have like two windows open "organize favorites" so you can drag and drop it Much, much easier?

Also what about deleting multiple links at a time?! I do shopping and add a bunch of links at a time, and later I may not have decided to buy it and then I have a huge list of items I'd like to just shift-delete.
My list has at least 200-300 links on it or more
I believe I found it, on the C drive under Users then Favorites.. easier way and I can have two windows open