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 123 stock positions worth $163.8 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 15.5% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 7.2%) and Franklin U.S. Mid Cap Multif (FLQM, 6.1%). Compared with Q1 2026, it opened 15 new positions, sold out of 11, added to 27 and reduced 47. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +4%) and the biggest sale Berkshire Hathaway Class A (BRK.A, shares −47%).

Most Recent 13F
Q2 2026
Location
GREENSBORO, NC
CIK
0002108281
Portfolio Value
$163.8M (Q2 2026)
SEC Filing
0001398344-26-014328 ↗ filed Aug 13, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2025: $152.1M Q4 2025 Q1 2026: $149.9M Q1 2026 Q2 2026: $163.8M $163.8M Q2 2026

Holdings 123 stocks · $163.8M
VOO Vanguard S&P 500 ETF 15.48% 36,924 $25.4M Add +3.6%
VEA Vanguard Ftse Developed ETF 7.24% 166,333 $11.9M Add +2.9%
FLQM Franklin U.S. Mid Cap Multif 6.11% 172,917 $10.0M Reduce -2.7%
SPY SS SPDR S&P 500 ETF Trust-US 4.79% 10,503 $7.8M Add +0.3%
LVHI Franklin International Low V 4.74% 191,357 $7.8M Add +12.1%
BRK.A Berkshire Hathaway Inc. Class A 4.11% 9 $6.7M Reduce -47.1%
IWD iShares Russell 1000 Value E 4.07% 27,500 $6.7M No change
IVV iShares Core S&P 500 ETF 3.35% 7,325 $5.5M No change
AAPL Apple Inc. 2.72% 15,409 $4.5M Add +0.3%
NVDA Nvidia Corp. 2.72% 22,256 $4.5M Reduce -1.4%
SCHG Schwab US Large-Cap Growth 2.59% 125,422 $4.2M No change
EAGL Eagle Capital Select Eqty 2.38% 121,415 $3.9M Add +3.7%
GOOGL Alphabet Inc. Class A 2.04% 9,343 $3.3M Reduce -0.8%
SCHD Schwab US DVD Equity ETF 1.80% 92,985 $2.9M Add +5.7%
MSFT Microsoft Corp. 1.71% 7,510 $2.8M Reduce -3.2%
AXP American Express Co. 1.42% 6,882 $2.3M Reduce -1.8%
BRK.B Berkshire Hathaway Inc. Class B 1.13% 3,689 $1.8M Reduce -1.4%
AMZN Amazon.com Inc. 1.08% 7,402 $1.8M Add +4.5%
VTI VG Morningstar TS MKT ETF-US 0.99% 4,383 $1.6M Add +2.5%
AMD Advanced Micro Devices 0.87% 2,461 $1.4M Add +0.1%
TSM Taiwan Semiconductor-SP ADR 0.87% 2,977 $1.4M Add +4.3%
MU Micron Technology Inc. 0.83% 1,172 $1.4M Add +21.3%
FXNC First National Corp. 0.79% 42,955 $1.3M No change
VB Vanguard Most SM-Cap ETF-Usd 0.72% 3,900 $1.2M No change
AVGO Broadcom Inc. 0.72% 3,129 $1.2M Reduce -0.8%
AMAT Applied Materials Inc. 0.70% 1,578 $1.1M No change
META Meta Platforms Inc. Class A 0.68% 1,984 $1.1M Reduce -6.0%
WEST Westrock Coffee Co. 0.68% 137,488 $1.1M Reduce -9.2%
SPOT Spotify Technology SA 0.64% 2,300 $1.1M Add +0.7%
LLY Eli Lilly & Co. 0.64% 871 $1.0M Reduce -2.4%
SCHV Schwab US Large-Cap Value 0.56% 26,550 $924K No change
HD Home Depot Inc. 0.56% 2,604 $918K Reduce -12.2%
MS Morgan Stanley 0.53% 4,185 $875K Reduce -0.5%
PM Philip Morris International 0.52% 4,722 $854K Reduce -3.0%
BNY Bank of New York Mellon Corp. 0.52% 5,865 $848K Reduce -0.3%
TSLA Tesla Inc. 0.51% 1,987 $836K Reduce -4.8%
GOOG Alphabet Inc. Class C 0.47% 2,202 $778K Add +26.0%
V Visa Inc. Class A 0.46% 2,201 $755K Add +11.0%
JPM JPMorgan Chase & Co. 0.45% 2,268 $742K Reduce -6.1%
IWR iShares Russell Mid-Cap ETF 0.45% 6,648 $733K No change
ADI Analog Devices Inc. 0.42% 1,723 $684K Reduce -0.4%
VGT Vanguard Info Tech ETF 0.42% 5,698 $681K No change
CSCO Cisco Systems Inc. 0.41% 5,669 $666K Reduce -1.2%
BAC Bank of America Corp. 0.40% 11,421 $651K Reduce -33.7%
CAT Caterpillar Inc. 0.40% 608 $647K Add +34.2%
DASH DoorDash Inc. Class A 0.39% 3,467 $640K Reduce -0.2%
TXN Texas Instruments Inc. 0.38% 2,113 $630K Reduce -9.9%
AMP Ameriprise Financial Inc. 0.38% 1,348 $618K Add +2.1%
MRK Merck & Co. Inc. 0.37% 4,767 $613K Add +11.6%
ORCL Oracle Corp. 0.37% 4,165 $610K Reduce -4.3%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.37% 301 $599K Add +2.7%
IJH iShares Core S&P Midcap ETF 0.36% 7,750 $598K No change
DGRO iShares Core Dividend Growth 0.36% 7,861 $596K No change
ITOT iShares Core S&P Total U.S. 0.36% 3,591 $590K No change
WMT Walmart Inc. 0.34% 4,930 $558K Reduce -15.4%
ABBV Abbvie Inc. 0.33% 2,171 $546K Reduce -2.5%
EFA iShares MSCI Eafe ETF 0.32% 5,038 $523K No change
MA Mastercard Inc. Class A 0.32% 1,012 $520K Add +4.2%
PG The Procter & Gamble Co. 0.32% 3,534 $518K Reduce -11.7%
JNJ Johnson & Johnson 0.29% 1,848 $469K Reduce -18.4%
TFC Truist Financial Corp. 0.25% 8,319 $414K Reduce -34.5%
COST Costco Wholesale Corp. 0.25% 432 $404K Reduce -4.2%
CB Chubb Ltd. 0.24% 1,150 $392K Reduce -21.1%
C Citigroup Inc. 0.24% 2,751 $385K Reduce -2.0%
INTC Intel Corp. 0.22% 2,635 $368K New
EOG EOG Resources Inc. 0.22% 2,829 $367K Reduce -0.9%
MO Altria Group Inc. 0.22% 4,941 $356K Reduce -3.1%
QQQ Invesco QQQ Trust Series 1 0.22% 482 $355K No change
FRDM Freedom 100 Emeging MRKT ETF 0.21% 4,731 $345K New
WFC Wells Fargo & Co. 0.21% 4,170 $345K Add +0.7%
NEE Nextera Energy Inc. 0.21% 3,856 $338K Reduce -1.1%
STX Seagate Technology Holdings 0.20% 344 $332K New
DE Deere & Co. 0.20% 510 $324K Reduce -1.0%
COP Conocophillips 0.20% 3,102 $322K Reduce -2.1%
ASX Ase Technology Holding -ADR 0.19% 7,016 $317K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.19% 1,122 $316K Add +4.1%
RSG Republic Services Inc. 0.19% 1,455 $310K Reduce -2.1%
MDLZ Mondelez International Inc. Class A 0.19% 5,305 $307K Reduce -0.9%
GLW Corning Inc. 0.18% 1,182 $302K New
RTX RTX Corp. 0.18% 1,568 $297K Reduce -10.5%
WM Waste Management Inc. 0.17% 1,285 $286K Reduce -0.8%
ETN Eaton Corp. PLC 0.17% 663 $283K Reduce -1.0%
TMO Thermo Fisher Scientific Inc. 0.17% 562 $282K Add +0.4%
NFLX Netflix Inc. 0.17% 3,861 $276K Reduce -12.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.17% 1,802 $273K Add +9.3%
UNH Unitedhealth Group Inc. 0.16% 645 $268K New
TTE Totalenergies SE 0.16% 3,381 $263K No change
CVX Chevron Corp. 0.16% 1,556 $258K Reduce -40.3%
MRVL Marvell Technology Inc. 0.16% 862 $257K New
BA The Boeing Co. 0.16% 1,177 $255K Reduce -9.9%
VIG Vanguard Dividend Apprec ETF 0.15% 1,070 $253K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.15% 2,934 $253K No change
GD General Dynamics Corp. 0.15% 710 $252K Reduce -1.5%
LRCX Lam Research Corp. 0.15% 579 $251K New
XETYX Eaton Vance Tax-MGD Div Eqty 0.15% 17,120 $249K No change
KLAC KLA Corp. 0.15% 820 $247K New
UMC United Microelectron-SP ADR 0.15% 8,876 $242K New
TMUS T-Mobile US Inc. 0.15% 1,419 $238K Add +0.4%
MCD McDonald's Corp. 0.14% 846 $229K Reduce -10.4%
PNC PNC Financial Services Group 0.13% 896 $221K New

Show all 123 holdings

Portfolio Sells Q1 2026 → Q2 2026
BRK.A Berkshire Hathaway Inc. Class A Reduce -47.1% 4.11% −4.03
XOM Exxon Mobil Corp. Sold out 0.00% −0.51
FLQM Franklin U.S. Mid Cap Multif Reduce -2.7% 6.11% −0.40
DUK Duke Energy Corp. Sold out 0.00% −0.21
MSFT Microsoft Corp. Reduce -3.2% 1.71% −0.21
CVX Chevron Corp. Reduce -40.3% 0.16% −0.20
LMT Lockheed Martin Corp. Sold out 0.00% −0.20
PEP Pepsico Inc. Sold out 0.00% −0.19
RY Royal Bank of Canada Sold out 0.00% −0.18
HON Honeywell International Inc. Sold out 0.00% −0.17
ABT Abbott Laboratories Sold out 0.00% −0.17
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.16
BAC Bank of America Corp. Reduce -33.7% 0.40% −0.16
HCA HCA Healthcare Inc. Sold out 0.00% −0.15
WMT Walmart Inc. Reduce -15.4% 0.34% −0.14
TFC Truist Financial Corp. Reduce -34.5% 0.25% −0.14
META Meta Platforms Inc. Class A Reduce -6.0% 0.68% −0.12
NFLX Netflix Inc. Reduce -12.8% 0.17% −0.12
HD Home Depot Inc. Reduce -12.2% 0.56% −0.09
JNJ Johnson & Johnson Reduce -18.4% 0.29% −0.08
COP Conocophillips Reduce -2.1% 0.20% −0.08
XLY SS Consumer Disc Select Sect Sold out 0.00% −0.08
CB Chubb Ltd. Reduce -21.1% 0.24% −0.08
VOX Vanguard Communication Servi Sold out 0.00% −0.08
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.4% 1.13% −0.07
PG The Procter & Gamble Co. Reduce -11.7% 0.32% −0.07
MCD McDonald's Corp. Reduce -10.4% 0.14% −0.06
ORCL Oracle Corp. Reduce -4.3% 0.37% −0.05
COST Costco Wholesale Corp. Reduce -4.2% 0.25% −0.05
EOG EOG Resources Inc. Reduce -0.9% 0.22% −0.05
RTX RTX Corp. Reduce -10.5% 0.18% −0.04
NEE Nextera Energy Inc. Reduce -1.1% 0.21% −0.04
RSG Republic Services Inc. Reduce -2.1% 0.19% −0.03
WM Waste Management Inc. Reduce -0.8% 0.17% −0.02
JPM JPMorgan Chase & Co. Reduce -6.1% 0.45% −0.02
DIS The Walt Disney Co. Reduce -6.1% 0.12% −0.02
MDLZ Mondelez International Inc. Class A Reduce -0.9% 0.19% −0.02
BA The Boeing Co. Reduce -9.9% 0.16% −0.02
PM Philip Morris International Reduce -3.0% 0.52% −0.02
GD General Dynamics Corp. Reduce -1.5% 0.15% −0.01
TSLA Tesla Inc. Reduce -4.8% 0.51% −0.01
MO Altria Group Inc. Reduce -3.1% 0.22% −0.01
DE Deere & Co. Reduce -1.0% 0.20% +0.00
AXP American Express Co. Reduce -1.8% 1.42% +0.01
ABBV Abbvie Inc. Reduce -2.5% 0.33% +0.01
ETN Eaton Corp. PLC Reduce -1.0% 0.17% +0.01
C Citigroup Inc. Reduce -2.0% 0.24% +0.02
DASH DoorDash Inc. Class A Reduce -0.2% 0.39% +0.04
ADI Analog Devices Inc. Reduce -0.4% 0.42% +0.05
BNY Bank of New York Mellon Corp. Reduce -0.3% 0.52% +0.05

Portfolio Buys Q1 2026 → Q2 2026
VOO Vanguard S&P 500 ETF Add +3.6% 15.48% +1.28
MU Micron Technology Inc. Add +21.3% 0.83% +0.61
AMD Advanced Micro Devices Add +0.1% 0.87% +0.54
VEA Vanguard Ftse Developed ETF Add +2.9% 7.24% +0.32
SPY SS SPDR S&P 500 ETF Trust-US Add +0.3% 4.79% +0.24
INTC Intel Corp. New 0.22% +0.22
TSM Taiwan Semiconductor-SP ADR Add +4.3% 0.87% +0.22
FRDM Freedom 100 Emeging MRKT ETF New 0.21% +0.21
STX Seagate Technology Holdings New 0.20% +0.20
ASX Ase Technology Holding -ADR New 0.19% +0.19
GLW Corning Inc. New 0.18% +0.18
CAT Caterpillar Inc. Add +34.2% 0.40% +0.18
UNH Unitedhealth Group Inc. New 0.16% +0.16
MRVL Marvell Technology Inc. New 0.16% +0.16
LRCX Lam Research Corp. New 0.15% +0.15
KLAC KLA Corp. New 0.15% +0.15
UMC United Microelectron-SP ADR New 0.15% +0.15
GOOG Alphabet Inc. Class C Add +26.0% 0.47% +0.14
PNC PNC Financial Services Group New 0.13% +0.13
GS Goldman Sachs Group Inc. New 0.13% +0.13
DHI D.R. Horton Inc. New 0.13% +0.13
KO The Coca-Cola Co. New 0.13% +0.13
LVHI Franklin International Low V Add +12.1% 4.74% +0.12
AAPL Apple Inc. Add +0.3% 2.72% +0.12
ASML ASML Holding NV-NY Reg SHS Add +2.7% 0.37% +0.11
AMZN Amazon.com Inc. Add +4.5% 1.08% +0.09
VTI VG Morningstar TS MKT ETF-US Add +2.5% 0.99% +0.07
V Visa Inc. Class A Add +11.0% 0.46% +0.06
LPL LG Display Co. Ltd.-ADR New 0.05% +0.05
MRK Merck & Co. Inc. Add +11.6% 0.37% +0.03
IBM Intl Business Machines Corp. Add +4.1% 0.19% +0.02
EAGL Eagle Capital Select Eqty Add +3.7% 2.38% +0.01
WIT Wipro Ltd.-ADR Add +14.7% 0.03% +0.00
SCHD Schwab US DVD Equity ETF Add +5.7% 1.80% −0.00
LIN Linde PLC Add +1.7% 0.13% −0.00
MA Mastercard Inc. Class A Add +4.2% 0.32% −0.01
TJX TJX Companies Inc. Add +9.3% 0.17% −0.01
WFC Wells Fargo & Co. Add +0.7% 0.21% −0.01
TMO Thermo Fisher Scientific Inc. Add +0.4% 0.17% −0.01
AMP Ameriprise Financial Inc. Add +2.1% 0.38% −0.01
TMUS T-Mobile US Inc. Add +0.4% 0.15% −0.05
SPOT Spotify Technology SA Add +0.7% 0.64% −0.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 123$163.8MVOO, VEA, FLQM, SPY, LVHI
Q1 2026 119$149.9MVOO, BRK.A, VEA, FLQM, LVHI
Q4 2025 115$152.1MVOO, BRK.A, FLQM, VEA, SPY