Piedmont Capital Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 21, 2026), Piedmont Capital Management, LLC reported 119 stock positions worth $149.9 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 14.2% of the portfolio, followed by Berkshire Hathaway Class A (BRK.A, 8.1%) and Vanguard Ftse Developed ETF (VEA, 6.9%). Compared with Q4 2025, it opened 9 new positions, sold out of 5, added to 41 and reduced 26. The biggest buy was Franklin International Low V (LVHI, shares +5%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −1%).

Most Recent 13F
Q2 2026
Location
GREENSBORO, NC
CIK
0002108281
Portfolio Value
$149.9M (Q1 2026)
SEC Filing
0001398344-26-006798 ↗ filed Apr 21, 2026

Holdings Value

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

Holdings 119 stocks · $149.9M
VOO Vanguard S&P 500 ETF 14.21% 35,628 $21.3M Reduce -0.5%
BRK.A Berkshire Hathaway Inc. Class A 8.15% 17 $12.2M No change
VEA Vanguard Ftse Developed ETF 6.91% 161,623 $10.4M Add +4.5%
FLQM Franklin U.S. Mid Cap Multif 6.51% 177,715 $9.8M Add +0.7%
LVHI Franklin International Low V 4.62% 170,711 $6.9M Add +5.4%
SPY SS SPDR S&P 500 ETF Trust-US 4.54% 10,473 $6.8M No change
IWD iShares Russell 1000 Value E 3.92% 27,500 $5.9M No change
IVV iShares Core S&P 500 ETF 3.19% 7,325 $4.8M Add +0.1%
NVDA Nvidia Corp. 2.63% 22,583 $3.9M Reduce -0.2%
AAPL Apple Inc. 2.60% 15,371 $3.9M Reduce -3.9%
SCHG Schwab US Large-Cap Growth 2.44% 125,422 $3.7M Add +4.9%
EAGL Eagle Capital Select Eqty 2.38% 117,065 $3.6M Reduce -6.8%
MSFT Microsoft Corp. 1.92% 7,760 $2.9M Add +2.2%
GOOGL Alphabet Inc. Class A 1.81% 9,422 $2.7M Add +3.2%
SCHD Schwab US DVD Equity ETF 1.80% 87,980 $2.7M Reduce -0.2%
AXP American Express Co. 1.41% 7,008 $2.1M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 1.20% 3,742 $1.8M Reduce -0.0%
AMZN Amazon.com Inc. 0.98% 7,080 $1.5M Add +1.5%
VTI VG Morningstar TS MKT ETF-US 0.92% 4,278 $1.4M Reduce -4.5%
META Meta Platforms Inc. Class A 0.81% 2,111 $1.2M Add +13.1%
FXNC First National Corp. 0.77% 42,955 $1.2M No change
SPOT Spotify Technology SA 0.74% 2,285 $1.1M No change
VB Vanguard Most SM-Cap ETF-Usd 0.68% 3,900 $1.0M No change
AVGO Broadcom Inc. 0.65% 3,154 $976K Add +0.2%
HD Home Depot Inc. 0.65% 2,967 $976K Add +5.5%
TSM Taiwan Semiconductor-SP ADR 0.64% 2,855 $965K Add +1.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.56% 17,219 $839K No change
LLY Eli Lilly & Co. 0.55% 892 $820K Add +3.7%
SCHV Schwab US Large-Cap Value 0.54% 26,550 $810K No change
PM Philip Morris International 0.54% 4,867 $805K Add +2.4%
TSLA Tesla Inc. 0.52% 2,088 $776K Add +3.4%
XOM Exxon Mobil Corp. 0.51% 4,502 $764K Add +4.7%
WMT Walmart Inc. 0.48% 5,827 $724K No change
JPM JPMorgan Chase & Co. 0.47% 2,415 $710K Add +2.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.47% 5,882 $698K No change
MS Morgan Stanley 0.46% 4,205 $692K No change
IWR iShares Russell Mid-Cap ETF 0.43% 6,648 $646K Add +175.8%
WEST Westrock Coffee Co. 0.43% 151,354 $643K Reduce -4.4%
ORCL Oracle Corp. 0.43% 4,352 $640K Add +14.8%
V Visa Inc. Class A 0.40% 1,983 $599K Add +14.0%
AMP Ameriprise Financial Inc. 0.39% 1,320 $587K No change
TFC Truist Financial Corp. 0.39% 12,701 $584K Reduce -1.2%
PG The Procter & Gamble Co. 0.39% 4,002 $578K Reduce -0.8%
JNJ Johnson & Johnson 0.37% 2,264 $553K Add +4.1%
DGRO iShares Core Dividend Growth 0.37% 7,861 $552K New
ADI Analog Devices Inc. 0.37% 1,730 $550K Add +14.1%
AMAT Applied Materials Inc. 0.36% 1,578 $539K No change
CVX Chevron Corp. 0.36% 2,605 $539K Add +0.3%
IJH iShares Core S&P Midcap ETF 0.35% 7,750 $523K Reduce -0.1%
DASH DoorDash Inc. Class A 0.35% 3,473 $521K Reduce -0.1%
MRK Merck & Co. Inc. 0.34% 4,271 $514K Reduce -5.6%
ITOT iShares Core S&P Total U.S. 0.34% 3,591 $511K No change
GOOG Alphabet Inc. Class C 0.33% 1,747 $501K Add +17.2%
AMD Advanced Micro Devices 0.33% 2,459 $500K Add +2.8%
VGT Vanguard Info Tech ETF 0.33% 712 $497K No change
EFA iShares MSCI Eafe ETF 0.33% 5,038 $489K Add +2.4%
MA Mastercard Inc. Class A 0.32% 971 $485K Reduce -1.3%
ABBV Abbvie Inc. 0.32% 2,226 $484K Add +26.9%
CB Chubb Ltd. 0.32% 1,457 $475K No change
TXN Texas Instruments Inc. 0.30% 2,346 $455K Add +4.9%
COST Costco Wholesale Corp. 0.30% 451 $449K Reduce -2.2%
CSCO Cisco Systems Inc. 0.30% 5,739 $445K Add +3.2%
NFLX Netflix Inc. 0.28% 4,427 $426K Add +22.6%
COP Conocophillips 0.28% 3,170 $418K Add +0.6%
EOG EOG Resources Inc. 0.28% 2,856 $413K No change
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.26% 293 $387K No change
NEE Nextera Energy Inc. 0.24% 3,901 $362K Add +2.0%
RTX RTX Corp. 0.23% 1,752 $338K Add +1.1%
MO Altria Group Inc. 0.22% 5,097 $336K Reduce -1.6%
WFC Wells Fargo & Co. 0.22% 4,140 $330K No change
MU Micron Technology Inc. 0.22% 966 $326K Reduce -2.6%
RSG Republic Services Inc. 0.22% 1,487 $326K Reduce -2.4%
CAT Caterpillar Inc. 0.21% 453 $321K Add +16.8%
C Citigroup Inc. 0.21% 2,807 $318K Reduce -1.1%
DUK Duke Energy Corp. 0.21% 2,420 $317K Add +7.6%
MDLZ Mondelez International Inc. Class A 0.21% 5,354 $309K Reduce -3.9%
TTE Totalenergies SE 0.21% 3,381 $308K New
LMT Lockheed Martin Corp. 0.20% 499 $302K Add +2.5%
WM Waste Management Inc. 0.20% 1,295 $298K No change
TMUS T-Mobile US Inc. 0.20% 1,413 $297K No change
MCD McDonald's Corp. 0.20% 944 $293K No change
DE Deere & Co. 0.19% 515 $290K New
PEP Pepsico Inc. 0.19% 1,849 $287K Add +8.4%
QQQ Invesco QQQ Trust Series 1 0.19% 482 $278K No change
TMO Thermo Fisher Scientific Inc. 0.18% 560 $275K Add +0.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.18% 1,649 $263K No change
RY Royal Bank of Canada 0.18% 1,624 $263K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.17% 1,078 $261K Reduce -2.3%
BA The Boeing Co. 0.17% 1,306 $260K Add +28.4%
HON Honeywell International Inc. 0.17% 1,127 $255K Reduce -0.3%
ABT Abbott Laboratories 0.17% 2,423 $249K Add +3.6%
GD General Dynamics Corp. 0.17% 721 $247K No change
PLTR Palantir Technologies Inc. Class A 0.16% 1,676 $245K Reduce -0.5%
ETN Eaton Corp. PLC 0.16% 670 $240K New
XETYX Eaton Vance Tax-MGD Div Eqty 0.16% 17,120 $236K No change
HCA HCA Healthcare Inc. 0.15% 490 $232K No change
VIG Vanguard Dividend Apprec ETF 0.15% 1,070 $230K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.14% 2,246 $216K Reduce -7.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.14% 489 $214K No change
EFV iShares MSCI Eafe Value ETF 0.14% 2,853 $212K New

Show all 119 holdings

Portfolio Sells Q4 2025 → Q1 2026
VOO Vanguard S&P 500 ETF Reduce -0.5% 14.21% −0.56
NSC Norfolk Southern Corp. Sold out 0.00% −0.35
EAGL Eagle Capital Select Eqty Reduce -6.8% 2.38% −0.31
AXP American Express Co. Reduce -0.1% 1.41% −0.29
AAPL Apple Inc. Reduce -3.9% 2.60% −0.26
DASH DoorDash Inc. Class A Reduce -0.1% 0.35% −0.17
SPGI S&P Global Inc. Sold out 0.00% −0.15
CRM Salesforce Inc. Sold out 0.00% −0.15
UNH Unitedhealth Group Inc. Sold out 0.00% −0.15
NVDA Nvidia Corp. Reduce -0.2% 2.63% −0.15
ISRG Intuitive Surgical Inc. Sold out 0.00% −0.13
VTI VG Morningstar TS MKT ETF-US Reduce -4.5% 0.92% −0.07
MA Mastercard Inc. Class A Reduce -1.3% 0.32% −0.05
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.0% 1.20% −0.04
IBM Intl Business Machines Corp. Reduce -2.3% 0.17% −0.04
DIS The Walt Disney Co. Reduce -7.3% 0.14% −0.04
PLTR Palantir Technologies Inc. Class A Reduce -0.5% 0.16% −0.03
TFC Truist Financial Corp. Reduce -1.2% 0.39% −0.03
WIT Wipro Ltd.-ADR Reduce -28.9% 0.03% −0.02
C Citigroup Inc. Reduce -1.1% 0.21% −0.01
RSG Republic Services Inc. Reduce -2.4% 0.22% +0.01
PG The Procter & Gamble Co. Reduce -0.8% 0.39% +0.01
WEST Westrock Coffee Co. Reduce -4.4% 0.43% +0.01
MDLZ Mondelez International Inc. Class A Reduce -3.9% 0.21% +0.01
IJH iShares Core S&P Midcap ETF Reduce -0.1% 0.35% +0.01
HON Honeywell International Inc. Reduce -0.3% 0.17% +0.03
MO Altria Group Inc. Reduce -1.6% 0.22% +0.03
MRK Merck & Co. Inc. Reduce -5.6% 0.34% +0.03
MU Micron Technology Inc. Reduce -2.6% 0.22% +0.03
COST Costco Wholesale Corp. Reduce -2.2% 0.30% +0.04
SCHD Schwab US DVD Equity ETF Reduce -0.2% 1.80% +0.21

Portfolio Buys Q4 2025 → Q1 2026
LVHI Franklin International Low V Add +5.4% 4.62% +0.70
VEA Vanguard Ftse Developed ETF Add +4.5% 6.91% +0.56
DGRO iShares Core Dividend Growth New 0.37% +0.37
IWR iShares Russell Mid-Cap ETF Add +175.8% 0.43% +0.28
TTE Totalenergies SE New 0.21% +0.21
DE Deere & Co. New 0.19% +0.19
XOM Exxon Mobil Corp. Add +4.7% 0.51% +0.17
ETN Eaton Corp. PLC New 0.16% +0.16
EFV iShares MSCI Eafe Value ETF New 0.14% +0.14
LIN Linde PLC New 0.14% +0.14
IJR iShares Core S&P Small-Cap E Add +31875.0% 0.11% +0.11
CVX Chevron Corp. Add +0.3% 0.36% +0.10
ADI Analog Devices Inc. Add +14.1% 0.37% +0.10
COP Conocophillips Add +0.6% 0.28% +0.09
TSM Taiwan Semiconductor-SP ADR Add +1.1% 0.64% +0.08
JNJ Johnson & Johnson Add +4.1% 0.37% +0.07
CAT Caterpillar Inc. Add +16.8% 0.21% +0.07
NFLX Netflix Inc. Add +22.6% 0.28% +0.06
ABBV Abbvie Inc. Add +26.9% 0.32% +0.06
TXN Texas Instruments Inc. Add +4.9% 0.30% +0.05
IWF iShares Russell 1000 Growth New 0.05% +0.05
LMT Lockheed Martin Corp. Add +2.5% 0.20% +0.05
NEE Nextera Energy Inc. Add +2.0% 0.24% +0.04
DUK Duke Energy Corp. Add +7.6% 0.21% +0.04
PM Philip Morris International Add +2.4% 0.54% +0.04
PEP Pepsico Inc. Add +8.4% 0.19% +0.03
BA The Boeing Co. Add +28.4% 0.17% +0.03
GOOG Alphabet Inc. Class C Add +17.2% 0.33% +0.03
RTX RTX Corp. Add +1.1% 0.23% +0.02
EFA iShares MSCI Eafe ETF Add +2.4% 0.33% +0.02
CSCO Cisco Systems Inc. Add +3.2% 0.30% +0.02
HD Home Depot Inc. Add +5.5% 0.65% +0.02
IYC iShares US Consumer Discreti New 0.01% +0.01
IYF iShares US Financials ETF New 0.01% +0.01
V Visa Inc. Class A Add +14.0% 0.40% −0.00
AMD Advanced Micro Devices Add +2.8% 0.33% −0.00
META Meta Platforms Inc. Class A Add +13.1% 0.81% −0.00
FLQM Franklin U.S. Mid Cap Multif Add +0.7% 6.51% −0.02
ABT Abbott Laboratories Add +3.6% 0.17% −0.03
JPM JPMorgan Chase & Co. Add +2.0% 0.47% −0.03
TMO Thermo Fisher Scientific Inc. Add +0.9% 0.18% −0.03
ORCL Oracle Corp. Add +14.8% 0.43% −0.06
LLY Eli Lilly & Co. Add +3.7% 0.55% −0.06
AVGO Broadcom Inc. Add +0.2% 0.65% −0.06
GOOGL Alphabet Inc. Class A Add +3.2% 1.81% −0.07
AMZN Amazon.com Inc. Add +1.5% 0.98% −0.07
TSLA Tesla Inc. Add +3.4% 0.52% −0.08
IVV iShares Core S&P 500 ETF Add +0.1% 3.19% −0.10
SCHG Schwab US Large-Cap Growth Add +4.9% 2.44% −0.13
MSFT Microsoft Corp. Add +2.2% 1.92% −0.50

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