Piedmont Capital Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Piedmont Capital Management, LLC reported 58 stock positions worth $198.0 million. Its top holding was Vngrd Mrngstr MG Cap ETF-Usd (MGC) at 15.0% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 13.2%) and Vanguard S&P 500 ETF (VOO, 8.8%). Compared with Q1 2026, it opened 10 new positions, sold out of 2, added to 19 and reduced 18. The biggest buy was a new position in Vngrd Mrngstr MG Cap ETF-Usd (MGC) and the biggest sale an exit from Putnam Focused LRG Cap Value (PVAL).
- Most Recent 13F
- Q2 2026
- Location
- WHITEFISH, MT
- CIK
- 0001656150
- Portfolio Value
- $198.0M (Q2 2026)
- SEC Filing
- 0001656150-26-000003 ↗ filed Aug 13, 2026
Holdings Value
Holdings 58 stocks · $198.0M
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 14.99% | 108,485 | $29.7M | New |
| VYM Vanguard High DVD Yield ETF | 13.17% | 164,700 | $26.1M | Add +0.5% |
| VOO Vanguard S&P 500 ETF | 8.84% | 25,511 | $17.5M | New |
| FEZ State Street SPDR Euro Stoxx | 8.62% | 251,454 | $17.1M | Reduce -34.3% |
| IEFA iShares Core MSCI Eafe ETF | 7.28% | 150,002 | $14.4M | Reduce -16.8% |
| SMH Vaneck Semiconductor ETF | 5.49% | 17,512 | $10.9M | New |
| RWR SS SPDR Dow Jones REIT ETF | 5.33% | 92,691 | $10.5M | Reduce -29.9% |
| FLOT iShares Floating Rate Bond E | 5.26% | 204,778 | $10.4M | Add +4.2% |
| IWC iShares Micro-Cap ETF | 3.12% | 30,801 | $6.2M | Add +28.9% |
| FRDM Freedom 100 Emeging MRKT ETF | 2.65% | 75,263 | $5.3M | Add +4.3% |
| BKLN Invesco Senior Loan ETF | 2.52% | 245,326 | $5.0M | Add +5.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.98% | 10,618 | $3.9M | Add +3.4% |
| ANGL Vaneck Fallen Angel High YLD | 1.67% | 113,754 | $3.3M | Add +0.2% |
| ISHARES TR | 1.55% | 46,086 | $3.1M | Reduce -0.6% |
| CLOI Vaneck Clo ETF | 1.47% | 55,100 | $2.9M | Reduce -1.6% |
| CSCO Cisco Systems Inc. | 1.20% | 20,334 | $2.4M | Reduce -3.4% |
| VIG Vanguard Dividend Apprec ETF | 0.91% | 7,600 | $1.8M | Add +0.3% |
| KO The Coca-Cola Co. | 0.72% | 17,484 | $1.4M | Reduce -1.5% |
| AOR iShares Core 60/40 Balanced | 0.71% | 20,351 | $1.4M | Add +0.4% |
| INVESCO QQQ TR | 0.69% | 1,875 | $1.4M | Add +1.9% |
| JNJ Johnson & Johnson | 0.69% | 5,358 | $1.4M | Reduce -4.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.67% | 4,601 | $1.3M | Reduce -2.5% |
| GLDM SPDR Gold Minishares Trust | 0.64% | 15,681 | $1.3M | Reduce -93.0% |
| MRK Merck & Co. Inc. | 0.63% | 9,878 | $1.2M | Reduce -2.8% |
| GDX Vaneck Gold Miners ETF | 0.60% | 15,624 | $1.2M | Reduce -89.4% |
| VZ Verizon Communications Inc. | 0.58% | 27,505 | $1.1M | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 0.57% | 1,509 | $1.1M | Add +22.6% |
| BND Vanguard Total Bond Market | 0.56% | 15,154 | $1.1M | Add +3.3% |
| VNQ Vanguard Real Estate ETF | 0.49% | 9,934 | $966K | Reduce -3.0% |
| AMGN Amgen Inc. | 0.49% | 2,678 | $965K | Reduce -0.3% |
| CVX Chevron Corp. | 0.48% | 5,700 | $947K | Reduce -0.4% |
| UNH Unitedhealth Group Inc. | 0.40% | 1,846 | $789K | No change |
| JPM JPMorgan Chase & Co. | 0.40% | 2,357 | $787K | No change |
| XOM Exxon Mobil Corp. | 0.40% | 5,765 | $786K | Reduce -3.7% |
| AAPL Apple Inc. | 0.37% | 2,473 | $729K | Add +8.8% |
| CAT Caterpillar Inc. | 0.37% | 732 | $724K | No change |
| STN Stantec Inc. | 0.36% | 10,458 | $704K | No change |
| MSFT Microsoft Corp. | 0.35% | 1,806 | $699K | No change |
| MMM 3M Co. | 0.22% | 2,754 | $443K | Reduce -8.6% |
| SPG Simon Property Group Inc. | 0.20% | 1,802 | $400K | Add +0.2% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.18% | 3,960 | $349K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 446 | $333K | No change |
| INTC Intel Corp. | 0.17% | 2,575 | $328K | New |
| HD Home Depot Inc. | 0.16% | 900 | $317K | Add +0.2% |
| NKE Nike Inc. Class B | 0.16% | 7,363 | $312K | Add +8.3% |
| GS Goldman Sachs Group Inc. | 0.15% | 294 | $300K | No change |
| MOAT Vaneck Morningstar Wide Moat | 0.15% | 2,820 | $297K | No change |
| PG The Procter & Gamble Co. | 0.14% | 1,865 | $273K | Add +4.6% |
| WMT Walmart Inc. | 0.13% | 2,340 | $254K | No change |
| GBCI Glacier Bancorp Inc. | 0.12% | 4,601 | $242K | Add +0.2% |
| GE General Electric filed as GE AEROSPACE | 0.12% | 635 | $237K | New |
| ECG Everus Construction Group | 0.12% | 1,553 | $237K | New |
| ORCL Oracle Corp. | 0.12% | 1,599 | $229K | Add +0.1% |
| AMZN Amazon.com Inc. | 0.11% | 929 | $227K | New |
| ABBV Abbvie Inc. | 0.11% | 879 | $221K | New |
| XLRE SS Real Estate Select Sector | 0.11% | 4,720 | $209K | New |
| LLY Eli Lilly & Co. | 0.10% | 174 | $206K | New |
| GUT Gabelli Utility Trust | 0.08% | 24,977 | $165K | No change |
Portfolio Sells Q1 2026 → Q2 2026
| PVAL Putnam Focused LRG Cap Value | Sold out | 0.00% | −11.59 |
| GLDM SPDR Gold Minishares Trust | Reduce -93.0% | 0.64% | −9.81 |
| GDX Vaneck Gold Miners ETF | Reduce -89.4% | 0.60% | −6.49 |
| FEZ State Street SPDR Euro Stoxx | Reduce -34.3% | 8.62% | −3.62 |
| RWR SS SPDR Dow Jones REIT ETF | Reduce -29.9% | 5.33% | −1.57 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -16.8% | 7.28% | −1.14 |
| IWP iShares Russell Mid-Cap Grow | Sold out | 0.00% | −0.15 |
| VZ Verizon Communications Inc. | Reduce -0.9% | 0.58% | −0.12 |
| CVX Chevron Corp. | Reduce -0.4% | 0.48% | −0.10 |
| XOM Exxon Mobil Corp. | Reduce -3.7% | 0.40% | −0.10 |
| CLOI Vaneck Clo ETF | Reduce -1.6% | 1.47% | −0.03 |
| JNJ Johnson & Johnson | Reduce -4.0% | 0.69% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -2.8% | 0.63% | +0.00 |
| MMM 3M Co. | Reduce -8.6% | 0.22% | +0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -3.0% | 0.49% | +0.02 |
| AMGN Amgen Inc. | Reduce -0.3% | 0.49% | +0.02 |
| KO The Coca-Cola Co. | Reduce -1.5% | 0.72% | +0.02 |
| IBM Intl Business Machines Corp. | Reduce -2.5% | 0.67% | +0.08 |
| ISHARES TR | Reduce -0.6% | 1.55% | +0.13 |
| CSCO Cisco Systems Inc. | Reduce -3.4% | 1.20% | +0.34 |
Portfolio Buys Q1 2026 → Q2 2026
| MGC Vngrd Mrngstr MG Cap ETF-Usd | New | 14.99% | +14.99 |
| VOO Vanguard S&P 500 ETF | New | 8.84% | +8.84 |
| SMH Vaneck Semiconductor ETF | New | 5.49% | +5.49 |
| IWC iShares Micro-Cap ETF | Add +28.9% | 3.12% | +1.13 |
| VYM Vanguard High DVD Yield ETF | Add +0.5% | 13.17% | +0.81 |
| FRDM Freedom 100 Emeging MRKT ETF | Add +4.3% | 2.65% | +0.61 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.4% | 1.98% | +0.29 |
| FLOT iShares Floating Rate Bond E | Add +4.2% | 5.26% | +0.19 |
| INTC Intel Corp. | New | 0.17% | +0.17 |
| IVV iShares Core S&P 500 ETF | Add +22.6% | 0.57% | +0.16 |
| INVESCO QQQ TR | Add +1.9% | 0.69% | +0.14 |
| GE General Electric | New | 0.12% | +0.12 |
| ECG Everus Construction Group | New | 0.12% | +0.12 |
| AMZN Amazon.com Inc. | New | 0.11% | +0.11 |
| ABBV Abbvie Inc. | New | 0.11% | +0.11 |
| XLRE SS Real Estate Select Sector | New | 0.11% | +0.11 |
| LLY Eli Lilly & Co. | New | 0.10% | +0.10 |
| BKLN Invesco Senior Loan ETF | Add +5.6% | 2.52% | +0.10 |
| VIG Vanguard Dividend Apprec ETF | Add +0.3% | 0.91% | +0.07 |
| AAPL Apple Inc. | Add +8.8% | 0.37% | +0.07 |
| AOR iShares Core 60/40 Balanced | Add +0.4% | 0.71% | +0.05 |
| SPG Simon Property Group Inc. | Add +0.2% | 0.20% | +0.03 |
| GBCI Glacier Bancorp Inc. | Add +0.2% | 0.12% | +0.01 |
| HD Home Depot Inc. | Add +0.2% | 0.16% | +0.01 |
| BND Vanguard Total Bond Market | Add +3.3% | 0.56% | +0.01 |
| PG The Procter & Gamble Co. | Add +4.6% | 0.14% | +0.01 |
| ANGL Vaneck Fallen Angel High YLD | Add +0.2% | 1.67% | +0.01 |
| NKE Nike Inc. Class B | Add +8.3% | 0.16% | +0.01 |
| ORCL Oracle Corp. | Add +0.1% | 0.12% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 58 | $198.0M | MGC, VYM, VOO, FEZ, IEFA |
| Q1 2026 | 50 | $196.6M | VYM, FEZ, PVAL, GLDM, IEFA |
| Q4 2025 | 52 | $196.0M | FEZ, VUG, VYM, GLDM, IEFA |
| Q3 2025 | 53 | $189.5M | VUG, VYM, FEZ, GLDM, IEFA |
| Q2 2025 | 55 | $172.9M | VYM, FEZ, SPHQ, GLDM, IEFA |
| Q1 2025 | 46 | $139.3M | HDV, VYM, GLDM, IEFA, FLOT |
| Q4 2024 | 52 | $165.9M | MGK, VYM, VOO, GLDM, RWR |
| Q3 2024 | 51 | $165.9M | MGK, VYM, VOO, GLDM, RWR |
| Q2 2024 | 46 | $147.4M | MGK, VYM, VOO, IEFA, SMH |
| Q1 2024 | 46 | $147.4M | MGK, VYM, VOO, IEFA, SMH |