Concord Asset Management, LLC

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed November 7, 2024), Concord Asset Management, LLC reported 131 stock positions worth $403.2 million. Its top holding was SS SPDR P St C Corp. ETF (SPSB) at 8.7% of the portfolio, followed by Vaneck Ig Floating Rate ETF (FLTR, 4.4%) and SS Blackstone Sr Loan ETF (SRLN, 4.4%). Compared with Q1 2024, it opened 5 new positions, sold out of 6, added to 99 and reduced 26. The biggest buy was Nvidia (NVDA, shares +14%) and the biggest sale Microsoft (MSFT, shares −13%).

Most Recent 13F: Q2 2026
Location: ABINGDON, VA
CIK: 0002031885
Portfolio Value: $403.2M (Q2 2024)
SEC Filing: 0002031885-24-000011 ↗ filed Nov 7, 2024

Holdings Value

Holdings 131 stocks · $403.2M


SPSB SS SPDR P St C Corp. ETF	8.75%	1,187,380	$35.3M	Add +10.9%
FLTR Vaneck Ig Floating Rate ETF	4.40%	695,534	$17.7M	Add +4.4%
SRLN SS Blackstone Sr Loan ETF	4.37%	421,140	$17.6M	Add +4.0%
SHV iShares 0-1 Year Treasury Bo	4.16%	151,916	$16.8M	Add +7.1%
BKLN Invesco Senior Loan ETF	4.15%	795,777	$16.7M	Add +7.0%
DGRO iShares Core Dividend Growth	3.29%	230,316	$13.3M	Reduce -4.3%
AAPL Apple Inc.	3.15%	60,325	$12.7M	Add +10.2%
AVEM Avantis Emerging Markets Eq	3.11%	205,534	$12.6M	Add +1.5%
MSFT Microsoft Corp.	3.01%	27,202	$12.2M	Reduce -12.9%
BIL SS SPDR BB 1-3M T-Bill ETF	2.84%	124,787	$11.5M	Add +7.1%
SPYG SS SPDR P S&P 500 Growth ETF	2.59%	130,577	$10.5M	Reduce -3.4%
NVDA Nvidia Corp.	2.54%	82,924	$10.2M	Add +14.5%
JQUA JPMorgan US Quality Factor	2.23%	169,765	$9.0M	Add +0.3%
SLYV SS SPDR S&P 600 SC Val ETF	2.23%	114,684	$9.0M	Add +3.1%
AMZN Amazon.com Inc.	1.59%	33,216	$6.4M	Add +13.9%
AVGO Broadcom Inc.	1.58%	3,970	$6.4M	Add +13.3%
META Meta Platforms Inc. Class A	1.48%	11,855	$6.0M	Add +15.6%
AVLV Avantis US Large Cap Value	1.38%	88,868	$5.6M	Add +0.3%
GOOGL Alphabet Inc. Class A	1.35%	29,848	$5.4M	Add +14.1%
XMHQ Invesco S&P Midcap Qual ETF	1.31%	54,487	$5.3M	Reduce -0.6%
DON Wisdomtree US Midcap Dividen	1.29%	110,996	$5.2M	Reduce -9.8%
JPM JPMorgan Chase & Co.	1.23%	24,561	$5.0M	Add +12.2%
XT Ishar Fture Exp Tech ETF-Usd	1.14%	78,263	$4.6M	Reduce -5.8%
NOBL Proshares S&P 500 Dividend A	1.14%	47,761	$4.6M	Add +2.5%
ABBV Abbvie Inc.	1.02%	24,068	$4.1M	Add +14.7%
XOM Exxon Mobil Corp.	1.01%	35,307	$4.1M	Add +4.5%
MRK Merck & Co. Inc.	1.00%	32,640	$4.0M	Add +12.0%
LLY Eli Lilly & Co.	0.91%	4,055	$3.7M	Add +17.3%
PG The Procter & Gamble Co.	0.91%	22,159	$3.7M	Add +11.4%
SPDW Ste STR SPDR PT DW Eu ETF	0.90%	103,817	$3.6M	Reduce -2.5%
BRK.B Berkshire Hathaway Inc. Class B	0.88%	8,698	$3.5M	Add +15.6%
KO The Coca-Cola Co.	0.85%	53,955	$3.4M	Add +11.2%
HD Home Depot Inc.	0.83%	9,747	$3.4M	Add +16.3%
CVX Chevron Corp.	0.83%	21,408	$3.3M	Add +2.3%
UNH Unitedhealth Group Inc.	0.83%	6,554	$3.3M	Add +12.6%
JNJ Johnson & Johnson	0.83%	22,815	$3.3M	Reduce -3.3%
WSM Williams-Sonoma Inc.	0.80%	11,374	$3.2M	Add +22.9%
SCHD Schwab US DVD Equity ETF	0.76%	39,275	$3.1M	Reduce -19.1%
TXN Texas Instruments Inc.	0.75%	15,458	$3.0M	Add +11.6%
COST Costco Wholesale Corp.	0.69%	3,255	$2.8M	Add +12.7%
UNP Union Pacific Corp.	0.67%	11,859	$2.7M	Add +13.3%
DWX State Street SPDR S&P Intern	0.65%	76,622	$2.6M	Reduce -7.8%
PEP Pepsico Inc.	0.65%	15,774	$2.6M	Add +9.6%
NEE Nextera Energy Inc.	0.59%	33,822	$2.4M	Add +8.7%
AMAT Applied Materials Inc.	0.57%	9,826	$2.3M	Add +13.8%
AMGN Amgen Inc.	0.56%	7,268	$2.3M	Add +11.7%
MA Mastercard Inc. Class A	0.52%	4,715	$2.1M	Add +16.4%
V Visa Inc. Class A	0.51%	7,785	$2.0M	Add +13.9%
SO The Southern Co.	0.50%	25,759	$2.0M	Add +8.5%
COP Conocophillips	0.48%	17,093	$2.0M	Add +9.5%
MCD McDonald's Corp.	0.48%	7,576	$1.9M	Add +14.3%
LIN Linde PLC	0.46%	4,241	$1.9M	Add +12.7%
CAT Caterpillar Inc.	0.46%	5,564	$1.9M	Add +12.3%
CMCSA Comcast Corp. Class A	0.45%	46,019	$1.8M	Add +14.9%
GOOG Alphabet Inc. Class C	0.43%	9,487	$1.7M	Add +1.3%
UPS United Parcel Service Class B	0.42%	12,289	$1.7M	Add +12.3%
GS Goldman Sachs Group Inc.	0.42%	3,704	$1.7M	Add +28.8%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.40%	1,803	$1.6M	Add +40.4%
ADP Automatic Data Processing	0.40%	6,815	$1.6M	Add +11.7%
CRM Salesforce Inc.	0.37%	5,870	$1.5M	Reduce -1.6%
TDV Proshares S&P Tech DVD Arist	0.36%	19,294	$1.4M	Add +10.8%
NULV Nuveen ESG Large-Cap Val ETF	0.35%	37,204	$1.4M	Reduce -36.1%
ABT Abbott Laboratories	0.34%	13,298	$1.4M	Add +10.1%
SPDG SS SPDR P S&P Sec N D ETF	0.34%	39,245	$1.4M	Add +13.2%
QCOM Qualcomm Inc.	0.33%	6,616	$1.3M	Add +13.0%
TRV The Travelers Cos Inc.	0.32%	6,431	$1.3M	Add +11.0%
MS Morgan Stanley	0.32%	13,118	$1.3M	Add +9.3%
MRSH Marsh & McLennan Cos	0.31%	5,964	$1.3M	Reduce -1.0%
CB Chubb Ltd.	0.30%	4,759	$1.2M	Add +26.4%
VRTX Vertex Pharmaceuticals Inc.	0.27%	2,325	$1.1M	Add +49.8%
DSI iShares ESG MSCI KLD 400 ETF	0.26%	10,238	$1.1M	Reduce -26.2%
CL Colgate-Palmolive Co.	0.26%	10,773	$1.0M	Add +52.9%
KLAC KLA Corp.	0.26%	1,264	$1.0M	Add +13.1%
EOG EOG Resources Inc.	0.25%	8,100	$1.0M	Add +9.7%
LRCX Lam Research Corp.	0.25%	952	$1.0M	Add +16.0%
WMT Walmart Inc.	0.25%	14,753	$999K	Add +18.8%
AFL Aflac Inc.	0.25%	11,111	$992K	Add +8.0%
ELV Elevance Health Inc.	0.24%	1,803	$977K	Add +10.4%
NOW ServiceNow Inc.	0.24%	1,220	$960K	Add +16.6%
REGN Regeneron Pharmaceuticals	0.24%	912	$959K	Add +74.0%
CDNS Cadence Design SYS Inc.	0.22%	2,875	$885K	Add +14.4%
SNPS Synopsys Inc.	0.21%	1,430	$851K	Add +12.4%
NUE Nucor Corp.	0.21%	5,375	$850K	Add +10.3%
ADBE Adobe Inc.	0.21%	1,498	$832K	Add +8.0%
SPYM Ste STR SPDR PT S&P 500 ETF	0.21%	12,993	$832K	Add +14.3%
LOW Lowe's Cos Inc.	0.21%	3,755	$828K	Add +9.2%
INTU Intuit Inc.	0.20%	1,232	$810K	Add +6.8%
PANW Palo Alto Networks Inc.	0.19%	2,312	$784K	Add +15.0%
ADI Analog Devices Inc.	0.19%	3,303	$754K	Add +13.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.18%	6,762	$745K	Add +5.8%
VZ Verizon Communications Inc.	0.17%	16,452	$678K	Add +2.2%
VGIT Vanguard Intermediate-Term T	0.16%	11,181	$651K	Reduce -55.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.15%	15,574	$619K	Reduce -67.8%
DVYE iShares Emerging Markets Div	0.15%	21,532	$585K	Add +26.3%
QQQ Invesco QQQ Trust Series 1	0.14%	1,203	$576K	Add +8.0%
C Citigroup Inc.	0.14%	8,899	$565K	Add +2.3%
FANG Diamondback Energy Inc.	0.14%	2,807	$562K	Add +3.0%
DVYA iShares Asia/Pacific Dividen	0.13%	15,488	$544K	Add +25.4%
LEN Lennar Corp. Class A	0.13%	3,581	$537K	Add +2.7%
PHM Pultegroup Inc.	0.13%	4,829	$532K	Add +1.6%
CME Cme Group Inc.	0.13%	2,613	$514K	Add +2.9%
LMT Lockheed Martin Corp.	0.13%	1,091	$510K	Add +5.0%
CGW Invesco S&P Global Water Ind	0.12%	8,494	$470K	Reduce -31.9%
XSHD Invesco S&P Smallcap High Di	0.12%	32,773	$468K	Add +18.4%
DUK Duke Energy Corp.	0.12%	4,643	$465K	Reduce -5.9%
GE General Electric filed as GE AEROSPACE	0.11%	2,844	$452K	New
SPY SS SPDR S&P 500 ETF Trust-US	0.11%	830	$452K	Reduce -0.1%
DVN Devon Energy Corp.	0.11%	9,388	$445K	Add +2.4%
VLO Valero Energy Corp.	0.11%	2,773	$435K	Add +0.8%
LYB Lyondellbasell Indu Class A	0.11%	4,511	$432K	Add +2.2%
TFC Truist Financial Corp.	0.10%	10,537	$409K	Reduce -6.1%
ESGD iShares Trust iShares ESG Aw	0.10%	5,100	$402K	Reduce -43.0%
ITW Illinois Tool Works	0.09%	1,597	$379K	Add +3.8%
RPV Invesco S&P 500 Pure Value E	0.09%	4,536	$378K	Reduce -52.9%
VYM Vanguard High DVD Yield ETF	0.09%	3,045	$361K	Add +29.3%
BLK BlackRock Finance Inc.	0.09%	445	$350K	Add +6.7%
FNF Fidelity National Financial	0.08%	6,701	$331K	Add +2.4%
VGT Vanguard Info Tech ETF	0.08%	559	$322K	Add +4.1%
CI The Cigna Group	0.08%	965	$319K	Add +1.9%
MDT Medtronic PLC	0.08%	3,990	$314K	New
WFC Wells Fargo & Co.	0.07%	4,988	$296K	Add +15.2%
NEM Newmont Corp.	0.07%	6,542	$274K	Add +2.6%
IGRO iShares Intl Div Growth ETF	0.07%	4,022	$271K	New
SWKS Skyworks Solutions Inc.	0.06%	2,429	$259K	Add +5.0%
SPGI S&P Global Inc.	0.06%	549	$245K	Reduce -0.2%
VIGI Vanguard Int Div App Indx FD	0.06%	2,981	$242K	New
SPMB SS SPDR P Mort Back Bond ETF	0.06%	10,376	$224K	Reduce -59.3%
USMV iShares MSCI USA Min Vol Fac	0.05%	2,566	$215K	No change
NUMV Nuveen ESG Mid-Cap Value ETF	0.05%	6,406	$212K	Reduce -13.8%
GILD Gilead Sciences Inc.	0.05%	2,945	$202K	Reduce -84.5%
JEPI JPMorgan Equity Premium Inco	0.05%	3,530	$200K	New

Portfolio Sells Q1 2024 → Q2 2024


MSFT Microsoft Corp.	Reduce -12.9%	3.01%	−0.44
DGRO iShares Core Dividend Growth	Reduce -4.3%	3.29%	−0.39
BAC Bank of America Corp.	Reduce -67.8%	0.15%	−0.33
GILD Gilead Sciences Inc.	Reduce -84.5%	0.05%	−0.32
DON Wisdomtree US Midcap Dividen	Reduce -9.8%	1.29%	−0.29
XMHQ Invesco S&P Midcap Qual ETF	Reduce -0.6%	1.31%	−0.28
SCHD Schwab US DVD Equity ETF	Reduce -19.1%	0.76%	−0.27
NULV Nuveen ESG Large-Cap Val ETF	Reduce -36.1%	0.35%	−0.25
VGIT Vanguard Intermediate-Term T	Reduce -55.4%	0.16%	−0.22
XT Ishar Fture Exp Tech ETF-Usd	Reduce -5.8%	1.14%	−0.16
JNJ Johnson & Johnson	Reduce -3.3%	0.83%	−0.16
RPV Invesco S&P 500 Pure Value E	Reduce -52.9%	0.09%	−0.13
DWX State Street SPDR S&P Intern	Reduce -7.8%	0.65%	−0.11
DSI iShares ESG MSCI KLD 400 ETF	Reduce -26.2%	0.26%	−0.10
SPDW Ste STR SPDR PT DW Eu ETF	Reduce -2.5%	0.90%	−0.10
CRM Salesforce Inc.	Reduce -1.6%	0.37%	−0.10
MUB iShares National Muni Bond E	Sold out	0.00%	−0.10
SPMB SS SPDR P Mort Back Bond ETF	Reduce -59.3%	0.06%	−0.09
ESGD iShares Trust iShares ESG Aw	Reduce -43.0%	0.10%	−0.09
FSCO FS Credit Opportunities Corp.	Sold out	0.00%	−0.09
ESML iShares ESG Aware MSCI USA S	Sold out	0.00%	−0.08
CNRG SS SPDR S&P Kensho CLP ETF	Sold out	0.00%	−0.07
MAR Marriott International Class A	Sold out	0.00%	−0.07
CGW Invesco S&P Global Water Ind	Reduce -31.9%	0.12%	−0.07
IBM Intl Business Machines Corp.	Sold out	0.00%	−0.06
MRSH Marsh & McLennan Cos	Reduce -1.0%	0.31%	−0.01
NUMV Nuveen ESG Mid-Cap Value ETF	Reduce -13.8%	0.05%	−0.01
TFC Truist Financial Corp.	Reduce -6.1%	0.10%	−0.01
DUK Duke Energy Corp.	Reduce -5.9%	0.12%	−0.01
SPYG SS SPDR P S&P 500 Growth ETF	Reduce -3.4%	2.59%	−0.01
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -0.1%	0.11%	−0.00
SPGI S&P Global Inc.	Reduce -0.2%	0.06%	−0.00

Portfolio Buys Q1 2024 → Q2 2024


NVDA Nvidia Corp.	Add +14.5%	2.54%	+0.82
AAPL Apple Inc.	Add +10.2%	3.15%	+0.68
AVGO Broadcom Inc.	Add +13.3%	1.58%	+0.36
SPSB SS SPDR P St C Corp. ETF	Add +10.9%	8.75%	+0.36
GOOGL Alphabet Inc. Class A	Add +14.1%	1.35%	+0.31
AMZN Amazon.com Inc.	Add +13.9%	1.59%	+0.21
LLY Eli Lilly & Co.	Add +17.3%	0.91%	+0.20
META Meta Platforms Inc. Class A	Add +15.6%	1.48%	+0.17
COST Costco Wholesale Corp.	Add +12.7%	0.69%	+0.13
GE General Electric	New	0.11%	+0.11
TXN Texas Instruments Inc.	Add +11.6%	0.75%	+0.11
AMAT Applied Materials Inc.	Add +13.8%	0.57%	+0.11
REGN Regeneron Pharmaceuticals	Add +74.0%	0.24%	+0.10
VRTX Vertex Pharmaceuticals Inc.	Add +49.8%	0.27%	+0.10
GS Goldman Sachs Group Inc.	Add +28.8%	0.42%	+0.10
CL Colgate-Palmolive Co.	Add +52.9%	0.26%	+0.09
JPM JPMorgan Chase & Co.	Add +12.2%	1.23%	+0.08
MDT Medtronic PLC	New	0.08%	+0.08
AMGN Amgen Inc.	Add +11.7%	0.56%	+0.08
NEE Nextera Energy Inc.	Add +8.7%	0.59%	+0.07
KO The Coca-Cola Co.	Add +11.2%	0.85%	+0.07
UNH Unitedhealth Group Inc.	Add +12.6%	0.83%	+0.07
IGRO iShares Intl Div Growth ETF	New	0.07%	+0.07
QCOM Qualcomm Inc.	Add +13.0%	0.33%	+0.07
VIGI Vanguard Int Div App Indx FD	New	0.06%	+0.06
GWW WW Grainger Inc.	Add +40.4%	0.40%	+0.06
PG The Procter & Gamble Co.	Add +11.4%	0.91%	+0.06
GOOG Alphabet Inc. Class C	Add +1.3%	0.43%	+0.06
KLAC KLA Corp.	Add +13.1%	0.26%	+0.05
WMT Walmart Inc.	Add +18.8%	0.25%	+0.05
JEPI JPMorgan Equity Premium Inco	New	0.05%	+0.05
SO The Southern Co.	Add +8.5%	0.50%	+0.05
BRK.B Berkshire Hathaway Inc. Class B	Add +15.6%	0.88%	+0.04
CB Chubb Ltd.	Add +26.4%	0.30%	+0.04
PANW Palo Alto Networks Inc.	Add +15.0%	0.19%	+0.04
LRCX Lam Research Corp.	Add +16.0%	0.25%	+0.04
SHV iShares 0-1 Year Treasury Bo	Add +7.1%	4.16%	+0.04
ADI Analog Devices Inc.	Add +13.2%	0.19%	+0.04
NOW ServiceNow Inc.	Add +16.6%	0.24%	+0.03
DVYE iShares Emerging Markets Div	Add +26.3%	0.15%	+0.03
TDV Proshares S&P Tech DVD Arist	Add +10.8%	0.36%	+0.03
BIL SS SPDR BB 1-3M T-Bill ETF	Add +7.1%	2.84%	+0.03
AVEM Avantis Emerging Markets Eq	Add +1.5%	3.11%	+0.02
WSM Williams-Sonoma Inc.	Add +22.9%	0.80%	+0.02
ADBE Adobe Inc.	Add +8.0%	0.21%	+0.02
SPYM Ste STR SPDR PT S&P 500 ETF	Add +14.3%	0.21%	+0.02
SNPS Synopsys Inc.	Add +12.4%	0.21%	+0.02
SPDG SS SPDR P S&P Sec N D ETF	Add +13.2%	0.34%	+0.02
ELV Elevance Health Inc.	Add +10.4%	0.24%	+0.02
MS Morgan Stanley	Add +9.3%	0.32%	+0.02

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	126	$645.8M	SPDW, HYBL, SPTI, SPIB, SPSB
Q1 2026	117	$591.8M	SPDW, SPSB, SPTI, SPIB, HYBL
Q4 2025	120	$577.3M	SPDW, SPSB, SHV, SPTI, HYBL
Q3 2025	121	$550.5M	SPSB, SHV, SPDW, HYBL, SPTI
Q2 2025	201	$664.8M	NVDA, SPSB, HYBL, SHV, SPIB
Q1 2025	122	$453.7M	SPSB, SHV, SPTI, SPIB, SPDW
Q4 2024	129	$455.0M	SPTI, SPSB, SHV, SPIB, AAPL
Q3 2024	125	$442.5M	SPSB, FLTR, SRLN, SHV, BKLN
Q2 2024	131	$403.2M	SPSB, FLTR, SRLN, SHV, BKLN
Q1 2024	132	$380.0M	SPSB, SRLN, FLTR, BKLN, SHV