Concord Asset Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 24, 2025), Concord Asset Management, LLC reported 129 stock positions worth $455.0 million. Its top holding was SS SPDR P Int Term TSY ETF (SPTI) at 7.0% of the portfolio, followed by SS SPDR P St C Corp. ETF (SPSB, 6.2%) and iShares 0-1 Year Treasury Bo (SHV, 5.8%). Compared with Q3 2024, it opened 9 new positions, sold out of 5, added to 81 and reduced 36. The biggest buy was a new position in SS SPDR P Int Term TSY ETF (SPTI) and the biggest sale SS Blackstone Sr Loan ETF (SRLN, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- ABINGDON, VA
- CIK
- 0002031885
- Portfolio Value
- $455.0M (Q4 2024)
- SEC Filing
- 0002031885-25-000001 ↗ filed Jan 24, 2025
Holdings Value
Holdings 129 stocks · $455.0M
| SPTI SS SPDR P Int Term TSY ETF | 6.99% | 1,140,712 | $31.8M | New |
| SPSB SS SPDR P St C Corp. ETF | 6.17% | 940,172 | $28.1M | Reduce -26.0% |
| SHV iShares 0-1 Year Treasury Bo | 5.84% | 241,427 | $26.6M | Add +46.3% |
| SPIB SS SPDR P Int C Corp. ETF | 5.29% | 734,701 | $24.1M | New |
| AAPL Apple Inc. | 3.77% | 68,523 | $17.2M | Add +3.2% |
| HYBL SS Blackstone High Inc. ETF | 3.34% | 535,170 | $15.2M | New |
| MSFT Microsoft Corp. | 2.99% | 32,262 | $13.6M | Add +4.0% |
| DGRO iShares Core Dividend Growth | 2.80% | 207,868 | $12.8M | Add +4.7% |
| NVDA Nvidia Corp. | 2.68% | 90,736 | $12.2M | Reduce -10.1% |
| AVEM Avantis Emerging Markets Eq | 2.62% | 202,647 | $11.9M | Reduce -4.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.41% | 124,584 | $11.0M | Add +0.2% |
| JQUA JPMorgan US Quality Factor | 2.19% | 174,141 | $10.0M | Reduce -1.0% |
| AVGO Broadcom Inc. | 2.17% | 42,567 | $9.9M | Reduce -3.8% |
| SLYV SS SPDR S&P 600 SC Val ETF | 2.16% | 112,667 | $9.8M | Reduce -8.2% |
| AMZN Amazon.com Inc. | 1.99% | 41,201 | $9.0M | Add +10.8% |
| META Meta Platforms Inc. Class A | 1.70% | 13,217 | $7.7M | Reduce -2.1% |
| DON Wisdomtree US Midcap Dividen | 1.46% | 130,623 | $6.7M | Add +18.6% |
| JPM JPMorgan Chase & Co. | 1.36% | 25,808 | $6.2M | Reduce -4.7% |
| GOOGL Alphabet Inc. Class A | 1.34% | 32,135 | $6.1M | Reduce -10.1% |
| AVLV Avantis US Large Cap Value | 1.21% | 82,616 | $5.5M | Reduce -0.8% |
| XMHQ Invesco S&P Midcap Qual ETF | 1.12% | 51,704 | $5.1M | Reduce -11.0% |
| ABBV Abbvie Inc. | 1.10% | 28,155 | $5.0M | Add +5.8% |
| NOBL Proshares S&P 500 Dividend A | 1.01% | 46,327 | $4.6M | Add +1.1% |
| XOM Exxon Mobil Corp. | 1.01% | 42,683 | $4.6M | Add +10.2% |
| WSM Williams-Sonoma Inc. | 1.00% | 24,690 | $4.6M | Reduce -5.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.96% | 9,628 | $4.4M | Add +0.7% |
| KO The Coca-Cola Co. | 0.91% | 66,704 | $4.2M | Add +12.7% |
| COST Costco Wholesale Corp. | 0.87% | 4,323 | $4.0M | Add +5.6% |
| HD Home Depot Inc. | 0.86% | 10,073 | $3.9M | Reduce -6.2% |
| UNH Unitedhealth Group Inc. | 0.84% | 7,547 | $3.8M | Add +3.4% |
| LLY Eli Lilly & Co. | 0.83% | 4,917 | $3.8M | Add +8.3% |
| WMT Walmart Inc. | 0.82% | 41,120 | $3.7M | Add +102.6% |
| COP Conocophillips | 0.79% | 36,451 | $3.6M | Add +90.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.73% | 97,232 | $3.3M | Reduce -9.6% |
| TXN Texas Instruments Inc. | 0.71% | 17,215 | $3.2M | Add +0.3% |
| NEE Nextera Energy Inc. | 0.70% | 44,382 | $3.2M | Add +6.1% |
| UNP Union Pacific Corp. | 0.68% | 13,627 | $3.1M | Add +3.1% |
| SCHD Schwab US DVD Equity ETF | 0.67% | 111,322 | $3.0M | Add +21.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.66% | 33,060 | $3.0M | Reduce -74.9% |
| SO The Southern Co. | 0.66% | 36,693 | $3.0M | Add +8.9% |
| JNJ Johnson & Johnson | 0.66% | 20,716 | $3.0M | Reduce -14.8% |
| MA Mastercard Inc. Class A | 0.64% | 5,510 | $2.9M | Reduce -0.7% |
| DWX State Street SPDR S&P Intern | 0.64% | 82,821 | $2.9M | Add +4.0% |
| PG The Procter & Gamble Co. | 0.62% | 16,846 | $2.8M | Reduce -28.4% |
| GS Goldman Sachs Group Inc. | 0.60% | 4,799 | $2.7M | Add +10.5% |
| LMT Lockheed Martin Corp. | 0.59% | 5,489 | $2.7M | Add +375.6% |
| V Visa Inc. Class A | 0.56% | 8,036 | $2.5M | Reduce -8.9% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.55% | 2,384 | $2.5M | Add +4.3% |
| CB Chubb Ltd. | 0.54% | 8,904 | $2.5M | Add +28.9% |
| ADP Automatic Data Processing | 0.54% | 8,379 | $2.5M | Add +7.7% |
| CRM Salesforce Inc. | 0.53% | 7,217 | $2.4M | Add +4.7% |
| MCD McDonald's Corp. | 0.50% | 7,876 | $2.3M | Reduce -7.2% |
| CMCSA Comcast Corp. Class A | 0.49% | 59,638 | $2.2M | Add +16.0% |
| CAT Caterpillar Inc. | 0.49% | 6,089 | $2.2M | Reduce -4.3% |
| AMGN Amgen Inc. | 0.47% | 8,236 | $2.1M | Add +2.3% |
| MRK Merck & Co. Inc. | 0.47% | 21,483 | $2.1M | Reduce -52.0% |
| PEP Pepsico Inc. | 0.45% | 13,524 | $2.1M | Reduce -21.5% |
| LIN Linde PLC | 0.44% | 4,774 | $2.0M | Add +0.5% |
| AMAT Applied Materials Inc. | 0.43% | 12,072 | $2.0M | Add +5.9% |
| ABT Abbott Laboratories | 0.40% | 15,944 | $1.8M | Add +5.0% |
| GOOG Alphabet Inc. Class C | 0.39% | 9,320 | $1.8M | Reduce -3.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.39% | 14,634 | $1.8M | Add +82.4% |
| TRV The Travelers Cos Inc. | 0.37% | 6,934 | $1.7M | Reduce -5.1% |
| CL Colgate-Palmolive Co. | 0.36% | 18,075 | $1.6M | Add +46.1% |
| GE General Electric filed as GE AEROSPACE | 0.34% | 9,337 | $1.6M | Add +129.1% |
| NOW ServiceNow Inc. | 0.34% | 1,458 | $1.5M | Add +6.3% |
| MS Morgan Stanley | 0.33% | 11,872 | $1.5M | Reduce -16.1% |
| SPDG SS SPDR P S&P Sec N D ETF | 0.32% | 38,255 | $1.4M | Add +0.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.32% | 3,568 | $1.4M | Add +26.2% |
| TDV Proshares S&P Tech DVD Arist | 0.31% | 18,871 | $1.4M | Reduce -0.8% |
| CDNS Cadence Design SYS Inc. | 0.31% | 4,643 | $1.4M | Add +43.6% |
| MRSH Marsh & McLennan Cos | 0.28% | 6,048 | $1.3M | Add +1.4% |
| KLAC KLA Corp. | 0.27% | 1,979 | $1.2M | Add +40.4% |
| DVYE iShares Emerging Markets Div | 0.27% | 47,191 | $1.2M | Add +81.4% |
| DVYA iShares Asia/Pacific Dividen | 0.26% | 33,611 | $1.2M | Add +82.5% |
| INTU Intuit Inc. | 0.26% | 1,879 | $1.2M | Add +35.9% |
| SMH Vaneck Semiconductor ETF | 0.25% | 4,698 | $1.1M | Add +8.1% |
| SNPS Synopsys Inc. | 0.24% | 2,295 | $1.1M | Add +42.7% |
| LRCX Lam Research Corp. | 0.24% | 15,223 | $1.1M | Add +42.5% |
| XSHD Invesco S&P Smallcap High Di | 0.24% | 75,291 | $1.1M | Add +97.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.23% | 15,019 | $1.0M | Add +9.1% |
| LOW Lowe's Cos Inc. | 0.22% | 4,111 | $1.0M | Add +0.4% |
| PANW Palo Alto Networks Inc. | 0.22% | 5,472 | $996K | Add +7.8% |
| CVX Chevron Corp. | 0.20% | 6,376 | $923K | Reduce -72.6% |
| REGN Regeneron Pharmaceuticals | 0.20% | 1,287 | $917K | Add +21.0% |
| GILD Gilead Sciences Inc. | 0.19% | 9,329 | $862K | Add +205.3% |
| C Citigroup Inc. | 0.18% | 11,686 | $823K | Add +23.3% |
| BMY Bristol-Myers Squibb Co. | 0.18% | 14,537 | $822K | New |
| VZ Verizon Communications Inc. | 0.18% | 20,418 | $817K | Add +14.6% |
| AFL Aflac Inc. | 0.17% | 7,584 | $784K | Add +88.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 17,326 | $761K | Add +9.2% |
| ELV Elevance Health Inc. | 0.16% | 2,031 | $749K | Add +0.9% |
| CME Cme Group Inc. | 0.16% | 3,148 | $731K | Add +10.9% |
| RTX RTX Corp. | 0.15% | 6,035 | $698K | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 1,164 | $682K | Add +40.2% |
| FLTR Vaneck Ig Floating Rate ETF | 0.14% | 25,930 | $660K | Reduce -96.5% |
| ITW Illinois Tool Works | 0.14% | 2,558 | $649K | Add +44.7% |
| IGRO iShares Intl Div Growth ETF | 0.14% | 9,541 | $648K | Add +102.9% |
| VIGI Vanguard Int Div App Indx FD | 0.14% | 7,728 | $618K | Add +126.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.13% | 1,192 | $609K | Add +2.4% |
Portfolio Sells Q3 2024 → Q4 2024
| SRLN SS Blackstone Sr Loan ETF | Reduce -98.0% | 0.08% | −4.11 |
| FLTR Vaneck Ig Floating Rate ETF | Reduce -96.5% | 0.14% | −4.10 |
| BKLN Invesco Senior Loan ETF | Reduce -98.3% | 0.07% | −4.05 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -26.0% | 6.17% | −2.52 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -74.9% | 0.66% | −2.07 |
| MRK Merck & Co. Inc. | Reduce -52.0% | 0.47% | −0.68 |
| CVX Chevron Corp. | Reduce -72.6% | 0.20% | −0.57 |
| TFC Truist Financial Corp. | Reduce -84.1% | 0.10% | −0.54 |
| AVEM Avantis Emerging Markets Eq | Reduce -4.3% | 2.62% | −0.47 |
| PG The Procter & Gamble Co. | Reduce -28.4% | 0.62% | −0.30 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -8.2% | 2.16% | −0.25 |
| JNJ Johnson & Johnson | Reduce -14.8% | 0.66% | −0.23 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -11.0% | 1.12% | −0.23 |
| PEP Pepsico Inc. | Reduce -21.5% | 0.45% | −0.21 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.19 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -9.6% | 0.73% | −0.18 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.18 |
| HD Home Depot Inc. | Reduce -6.2% | 0.86% | −0.12 |
| NVDA Nvidia Corp. | Reduce -10.1% | 2.68% | −0.09 |
| MCD McDonald's Corp. | Reduce -7.2% | 0.50% | −0.08 |
| CAT Caterpillar Inc. | Reduce -4.3% | 0.49% | −0.08 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.06 |
| SWKS Skyworks Solutions Inc. | Sold out | 0.00% | −0.06 |
| JQUA JPMorgan US Quality Factor | Reduce -1.0% | 2.19% | −0.06 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.05 |
| META Meta Platforms Inc. Class A | Reduce -2.1% | 1.70% | −0.05 |
| LYB Lyondellbasell Indu Class A | Reduce -9.7% | 0.07% | −0.03 |
| NEM Newmont Corp. | Reduce -10.3% | 0.05% | −0.03 |
| EOG EOG Resources Inc. | Reduce -25.0% | 0.08% | −0.03 |
| FNF Fidelity National Financial | Reduce -18.8% | 0.07% | −0.03 |
| AVLV Avantis US Large Cap Value | Reduce -0.8% | 1.21% | −0.03 |
| TRV The Travelers Cos Inc. | Reduce -5.1% | 0.37% | −0.02 |
| TDV Proshares S&P Tech DVD Arist | Reduce -0.8% | 0.31% | −0.02 |
| MS Morgan Stanley | Reduce -16.1% | 0.33% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -10.1% | 1.34% | −0.00 |
| V Visa Inc. Class A | Reduce -8.9% | 0.56% | +0.01 |
| MA Mastercard Inc. Class A | Reduce -0.7% | 0.64% | +0.02 |
| GOOG Alphabet Inc. Class C | Reduce -3.0% | 0.39% | +0.03 |
| JPM JPMorgan Chase & Co. | Reduce -4.7% | 1.36% | +0.07 |
| WSM Williams-Sonoma Inc. | Reduce -5.5% | 1.00% | +0.09 |
| AVGO Broadcom Inc. | Reduce -3.8% | 2.17% | +0.44 |
Portfolio Buys Q3 2024 → Q4 2024
| SPTI SS SPDR P Int Term TSY ETF | New | 6.99% | +6.99 |
| SPIB SS SPDR P Int C Corp. ETF | New | 5.29% | +5.29 |
| HYBL SS Blackstone High Inc. ETF | New | 3.34% | +3.34 |
| SHV iShares 0-1 Year Treasury Bo | Add +46.3% | 5.84% | +1.72 |
| WMT Walmart Inc. | Add +102.6% | 0.82% | +0.45 |
| LMT Lockheed Martin Corp. | Add +375.6% | 0.59% | +0.43 |
| AMZN Amazon.com Inc. | Add +10.8% | 1.99% | +0.42 |
| COP Conocophillips | Add +90.9% | 0.79% | +0.34 |
| AAPL Apple Inc. | Add +3.2% | 3.77% | +0.28 |
| DON Wisdomtree US Midcap Dividen | Add +18.6% | 1.46% | +0.19 |
| BMY Bristol-Myers Squibb Co. | New | 0.18% | +0.18 |
| TJX TJX Companies Inc. | Add +82.4% | 0.39% | +0.18 |
| GE General Electric | Add +129.1% | 0.34% | +0.17 |
| RTX RTX Corp. | New | 0.15% | +0.15 |
| GILD Gilead Sciences Inc. | Add +205.3% | 0.19% | +0.13 |
| GS Goldman Sachs Group Inc. | Add +10.5% | 0.60% | +0.12 |
| CDNS Cadence Design SYS Inc. | Add +43.6% | 0.31% | +0.11 |
| XSHD Invesco S&P Smallcap High Di | Add +97.5% | 0.24% | +0.11 |
| CRM Salesforce Inc. | Add +4.7% | 0.53% | +0.10 |
| DVYA iShares Asia/Pacific Dividen | Add +82.5% | 0.26% | +0.10 |
| DVYE iShares Emerging Markets Div | Add +81.4% | 0.27% | +0.10 |
| CB Chubb Ltd. | Add +28.9% | 0.54% | +0.09 |
| SCHD Schwab US DVD Equity ETF | Add +21.9% | 0.67% | +0.09 |
| PFE Pfizer Inc. | New | 0.08% | +0.08 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.2% | 2.41% | +0.08 |
| AFL Aflac Inc. | Add +88.8% | 0.17% | +0.07 |
| CL Colgate-Palmolive Co. | Add +46.1% | 0.36% | +0.07 |
| VIGI Vanguard Int Div App Indx FD | Add +126.3% | 0.14% | +0.07 |
| INTU Intuit Inc. | Add +35.9% | 0.26% | +0.07 |
| IGRO iShares Intl Div Growth ETF | Add +102.9% | 0.14% | +0.06 |
| NOW ServiceNow Inc. | Add +6.3% | 0.34% | +0.06 |
| SNPS Synopsys Inc. | Add +42.7% | 0.24% | +0.06 |
| HUM Humana Inc. | New | 0.06% | +0.06 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.05% | +0.05 |
| ADP Automatic Data Processing | Add +7.7% | 0.54% | +0.05 |
| COST Costco Wholesale Corp. | Add +5.6% | 0.87% | +0.05 |
| SPAB SS SPDR P Agg Bond ETF | New | 0.05% | +0.05 |
| C Citigroup Inc. | Add +23.3% | 0.18% | +0.05 |
| LRCX Lam Research Corp. | Add +42.5% | 0.24% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +40.2% | 0.15% | +0.04 |
| ITW Illinois Tool Works | Add +44.7% | 0.14% | +0.04 |
| WFC Wells Fargo & Co. | Add +29.8% | 0.10% | +0.04 |
| KLAC KLA Corp. | Add +40.4% | 0.27% | +0.03 |
| BAC Bank of America Corp. | Add +9.2% | 0.17% | +0.03 |
| BLK BlackRock Finance Inc. | Add +18.4% | 0.12% | +0.02 |
| D Dominion Energy Inc. | Add +57.5% | 0.08% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +7.8% | 0.22% | +0.02 |
| CME Cme Group Inc. | Add +10.9% | 0.16% | +0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Add +26.2% | 0.32% | +0.02 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +9.1% | 0.23% | +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 |