Thompson Davis & Co., Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Thompson Davis & Co., Inc. reported 122 stock positions worth $126.8 million. Its top holding was Smith-Midland (SMID) at 44.4% of the portfolio, followed by Carlisle Cos (CSL, 5.6%) and Dover (DOV, 2.9%). Compared with Q4 2024, it opened 26 new positions, sold out of 30, added to 46 and reduced 28. The biggest buy was a new position in Cheniere Energy (LNG) and the biggest sale an exit from Primoris Services (PRIM).
- Most Recent 13F
- Q2 2026
- Location
- RICHMOND, VA
- CIK
- 0001017284
- Portfolio Value
- $126.8M (Q1 2025)
- SEC Filing
- 0001017284-25-000003 ↗ filed May 13, 2025
Holdings Value
Holdings 122 stocks · $126.8M
| SMID Smith-Midland Corp. | 44.41% | 1,811,935 | $56.3M | Add +1.5% |
| CSL Carlisle Cos Inc. | 5.64% | 20,982 | $7.1M | No change |
| DOV Dover Corp. | 2.90% | 20,920 | $3.7M | No change |
| VOO Vanguard S&P 500 ETF | 2.39% | 5,887 | $3.0M | Add +0.3% |
| SHW The Sherwin-Williams Co. | 2.07% | 7,500 | $2.6M | No change |
| CB Chubb Ltd. | 1.46% | 6,125 | $1.8M | No change |
| VIG Vanguard Dividend Apprec ETF | 1.15% | 7,496 | $1.5M | Add +19.2% |
| JPST JPMorgan Ultra-Short Income | 1.11% | 27,913 | $1.4M | Add +7.4% |
| LLY Eli Lilly & Co. | 1.04% | 1,602 | $1.3M | Add +4.2% |
| COST Costco Wholesale Corp. | 1.04% | 1,397 | $1.3M | Add +0.7% |
| SPTI SS SPDR P Int Term TSY ETF | 1.00% | 44,518 | $1.3M | Reduce -4.2% |
| WGS Genedx Holdings Corp. | 0.99% | 14,150 | $1.3M | Reduce -33.0% |
| AAPL Apple Inc. | 0.96% | 5,505 | $1.2M | Reduce -16.2% |
| PROF Profound Medical Corp. | 0.94% | 203,850 | $1.2M | Add +11.8% |
| DY Dycom Industries Inc. | 0.87% | 7,250 | $1.1M | Reduce -3.3% |
| SPTS SS SPDR P St Term TSY ETF | 0.85% | 36,825 | $1.1M | Add +14.6% |
| HYBL SS Blackstone High Inc. ETF | 0.85% | 38,106 | $1.1M | Add +1.9% |
| AMZN Amazon.com Inc. | 0.81% | 5,430 | $1.0M | Add +6.3% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.81% | 20,301 | $1.0M | Reduce -14.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.68% | 9,450 | $867K | Add +84.0% |
| META Meta Platforms Inc. Class A | 0.65% | 1,436 | $828K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.65% | 4,759 | $822K | Reduce -3.1% |
| JEPI JPMorgan Equity Premium Inco | 0.65% | 14,359 | $820K | Add +7.6% |
| GLD SPDR Gold Shares | 0.63% | 2,787 | $803K | Add +6.7% |
| MSFT Microsoft Corp. | 0.63% | 2,122 | $797K | Reduce -1.6% |
| ESGV Vanguard ESG US Stock ETF | 0.63% | 8,124 | $796K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.60% | 1,617 | $758K | No change |
| BB Blackberry Ltd. | 0.59% | 197,110 | $743K | Add +19.1% |
| GE General Electric filed as GE AEROSPACE | 0.56% | 3,569 | $714K | No change |
| TRAK Repositrak Inc. | 0.55% | 34,578 | $701K | Reduce -6.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.54% | 1,841 | $683K | Add +0.1% |
| GEV GE Vernova Inc. | 0.51% | 2,125 | $649K | No change |
| XLY SS Consumer Disc Select Sect | 0.50% | 3,239 | $640K | Add +68.4% |
| WMT Walmart Inc. | 0.50% | 7,152 | $628K | Add +1.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.49% | 9,450 | $621K | Add +15.2% |
| IBIT iShares Bitcoin Trust ETF | 0.49% | 13,173 | $617K | Add +27.6% |
| TMUS T-Mobile US Inc. | 0.48% | 2,280 | $608K | Reduce -11.6% |
| IWM iShares Russell 2000 ETF | 0.45% | 2,890 | $577K | Add +9.2% |
| UBER Uber Technologies Inc. | 0.44% | 7,715 | $562K | Reduce -0.5% |
| NVDA Nvidia Corp. | 0.44% | 5,142 | $557K | Reduce -55.1% |
| ORCL Oracle Corp. | 0.43% | 3,881 | $543K | Add +47.0% |
| FIX Comfort Systems USA Inc. | 0.43% | 1,674 | $540K | Add +69.1% |
| LNG Cheniere Energy Inc. | 0.42% | 2,285 | $529K | New |
| FLOT iShares Floating Rate Bond E | 0.41% | 10,177 | $520K | Add +5.3% |
| VSGX Vanguard ESG Intl Stock ETF | 0.40% | 8,636 | $509K | Add +41.3% |
| PG The Procter & Gamble Co. | 0.40% | 2,973 | $507K | No change |
| XLC SS Comm Select Sector SPDR | 0.39% | 5,152 | $497K | Add +14.2% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.39% | 9,650 | $494K | Add +13.5% |
| NFLX Netflix Inc. | 0.39% | 527 | $491K | No change |
| GLDD Great Lakes Dredge & Dock Co. | 0.38% | 54,650 | $475K | Add +149.0% |
| SCHD Schwab US DVD Equity ETF | 0.37% | 16,740 | $468K | Add +0.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.36% | 1,300 | $458K | Add +14.5% |
| COF Capital One Financial Corp. | 0.36% | 2,524 | $453K | New |
| V Visa Inc. Class A | 0.35% | 1,263 | $443K | Add +3.4% |
| TSLA Tesla Inc. | 0.34% | 1,680 | $435K | Add +22.8% |
| SFM Sprouts Farmers Market Inc. | 0.34% | 2,850 | $435K | Reduce -41.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.34% | 1,957 | $434K | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.33% | 3,475 | $423K | New |
| XLP SS Consumer Staples Sel Sect | 0.33% | 5,153 | $421K | Add +13.8% |
| JNJ Johnson & Johnson | 0.33% | 2,484 | $412K | Add +3.9% |
| HOOD Robinhood Markets Inc. Class A | 0.31% | 9,450 | $393K | New |
| CDNA Caredx Inc. | 0.31% | 22,000 | $391K | Add +37.1% |
| MKL Markel Group Inc. | 0.30% | 201 | $376K | Reduce -6.9% |
| ETN Eaton Corp. PLC | 0.29% | 1,350 | $367K | Add +42.1% |
| XLV SS Health Care Select Sector | 0.29% | 2,483 | $363K | Add +18.4% |
| PHYS Sprott Physical Gold Trust | 0.28% | 14,700 | $354K | New |
| GOOG Alphabet Inc. Class C | 0.28% | 2,247 | $351K | Reduce -27.5% |
| D Dominion Energy Inc. | 0.26% | 5,862 | $329K | Add +9.7% |
| NX Quanex Building Products | 0.24% | 16,658 | $310K | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.24% | 539 | $302K | Reduce -2.7% |
| EME Emcor Group Inc. | 0.24% | 815 | $301K | Add +5.2% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.23% | 5,700 | $295K | New |
| MDY State Street SPDR S&P Midcap | 0.23% | 537 | $286K | Reduce -1.8% |
| RDNT Radnet Inc. | 0.22% | 5,725 | $285K | No change |
| TOTL SS Doubleline TR Tact ETF | 0.22% | 6,975 | $281K | New |
| AIG American International Group | 0.22% | 3,160 | $275K | New |
| CSCO Cisco Systems Inc. | 0.22% | 4,434 | $274K | New |
| GOOGL Alphabet Inc. Class A | 0.21% | 1,696 | $262K | Add +1.8% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.21% | 910 | $261K | New |
| RSP Invesco S&P 500 Equal Weight | 0.20% | 1,491 | $258K | No change |
| MYO Myomo Inc. | 0.20% | 53,600 | $258K | Add +90.4% |
| FBTC Fidelity Wise Origin Bitcoin | 0.20% | 3,465 | $249K | Reduce -37.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 465 | $248K | No change |
| RING iShares MSCI Global Gold Min | 0.19% | 6,310 | $242K | New |
| VEA Vanguard Ftse Developed ETF | 0.19% | 4,730 | $240K | No change |
| OUNZ Vaneck Merk Gold ETF | 0.19% | 7,975 | $240K | No change |
| VXF Vanguard Extended Market ETF | 0.19% | 1,362 | $235K | Add +8.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 939 | $233K | Add +0.2% |
| SDY SS SPDR S&P Dividend ETF | 0.18% | 1,713 | $232K | No change |
| NVT Nvent Electric PLC | 0.18% | 4,330 | $227K | Reduce -18.8% |
| VONV Vanguard Russell 1000 Value | 0.18% | 2,723 | $225K | Add +7.6% |
| FEIM Frequency Electronics Inc. | 0.18% | 14,210 | $222K | No change |
| ROKU Roku Inc. | 0.17% | 3,150 | $222K | New |
| CTRA Coterra Energy Inc. | 0.17% | 7,360 | $213K | New |
| SOHO Sotherly Hotels Inc. | 0.17% | 286,701 | $212K | Reduce -11.3% |
| AVGO Broadcom Inc. | 0.17% | 1,255 | $210K | Reduce -12.6% |
| GEHC GE Healthcare Technology | 0.16% | 2,536 | $205K | New |
| ET Energy Transfer LP | 0.15% | 10,500 | $195K | No change |
| CX Cemex Sab-Spons ADR Part Cer | 0.15% | 34,000 | $191K | Add +88.9% |
| LUNR Intuitive Machines Inc. | 0.15% | 24,830 | $185K | Reduce -9.0% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $2K (not counted above)
Total filed on the 13F, all lines: $126.8M.
Portfolio Sells Q4 2024 → Q1 2025
| PRIM Primoris Services Corp. | Sold out | 0.00% | −0.98 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.58 |
| NVDA Nvidia Corp. | Reduce -55.1% | 0.44% | −0.55 |
| NUTX Nutex Health Inc. | Sold out | 0.00% | −0.45 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.41 |
| ARM Arm Holdings PLC-ADR | Sold out | 0.00% | −0.29 |
| GLW Corning Inc. | Sold out | 0.00% | −0.25 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.25 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −0.22 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.20 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.20 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.18 |
| LUNR Intuitive Machines Inc. | Reduce -9.0% | 0.15% | −0.17 |
| CLS Celestica Inc. | Sold out | 0.00% | −0.16 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.16 |
| PSIX Power Solutions Internationa | Sold out | 0.00% | −0.16 |
| WGMI CS BTC Min Dig PWR ETF | Sold out | 0.00% | −0.16 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.14 |
| RKLB Rocket Lab USA Inc. | Sold out | 0.00% | −0.14 |
| SN Sharkninja Inc. | Sold out | 0.00% | −0.14 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.13 |
| KEYS Keysight Technologies Inc. | Sold out | 0.00% | −0.13 |
| BWXT BWX Technologies Inc. | Sold out | 0.00% | −0.13 |
| GOOG Alphabet Inc. Class C | Reduce -27.5% | 0.28% | −0.10 |
| TLRY Tilray Brands Inc. | Reduce -36.8% | 0.06% | −0.10 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -37.7% | 0.20% | −0.10 |
| AAPL Apple Inc. | Reduce -16.2% | 0.96% | −0.09 |
| FKWL Franklin Wireless Corp. | Sold out | 0.00% | −0.09 |
| RIG Transocean Ltd. | Sold out | 0.00% | −0.06 |
| WGS Genedx Holdings Corp. | Reduce -33.0% | 0.99% | −0.06 |
| NVT Nvent Electric PLC | Reduce -18.8% | 0.18% | −0.05 |
| SFM Sprouts Farmers Market Inc. | Reduce -41.2% | 0.34% | −0.05 |
| BTMD Biote Corp. Class A | Sold out | 0.00% | −0.05 |
| AVGO Broadcom Inc. | Reduce -12.6% | 0.17% | −0.05 |
| LFMD Lifemd Inc. | Sold out | 0.00% | −0.04 |
| AWRE Aware Inc. | Reduce -73.0% | 0.01% | −0.03 |
| CODX Co.-Diagnostics Inc. | Sold out | 0.00% | −0.03 |
| SOHO Sotherly Hotels Inc. | Reduce -11.3% | 0.17% | −0.03 |
| PESI Perma-Fix Environmental SVCS | Reduce -1.8% | 0.08% | −0.02 |
| CRON Cronos Group Inc. | Sold out | 0.00% | −0.02 |
| PRTS Carparts.com Inc. | Sold out | 0.00% | −0.02 |
| DYAI Dyadic International Inc. | Sold out | 0.00% | −0.01 |
| TAOP Taoping Inc. | Sold out | 0.00% | −0.01 |
| PZG Paramount Gold Nevada Corp. | Reduce -33.3% | 0.00% | −0.00 |
| VGZ Vista Gold Corp. | Reduce -41.2% | 0.01% | +0.00 |
| THM Intl Tower Hill Mines Ltd. | Reduce -28.0% | 0.02% | +0.00 |
| GROY Gold Royalty Corp. | Reduce -15.0% | 0.02% | +0.00 |
| MDY State Street SPDR S&P Midcap | Reduce -1.8% | 0.23% | +0.03 |
| TRAK Repositrak Inc. | Reduce -6.5% | 0.55% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.7% | 0.24% | +0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| LNG Cheniere Energy Inc. | New | 0.42% | +0.42 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +84.0% | 0.68% | +0.38 |
| COF Capital One Financial Corp. | New | 0.36% | +0.36 |
| VIG Vanguard Dividend Apprec ETF | Add +19.2% | 1.15% | +0.36 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 2.39% | +0.35 |
| TJX TJX Companies Inc. | New | 0.33% | +0.33 |
| HOOD Robinhood Markets Inc. Class A | New | 0.31% | +0.31 |
| LLY Eli Lilly & Co. | Add +4.2% | 1.04% | +0.28 |
| PHYS Sprott Physical Gold Trust | New | 0.28% | +0.28 |
| JPST JPMorgan Ultra-Short Income | Add +7.4% | 1.11% | +0.27 |
| SPTS SS SPDR P St Term TSY ETF | Add +14.6% | 0.85% | +0.25 |
| NX Quanex Building Products | New | 0.24% | +0.24 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.23% | +0.23 |
| XLY SS Consumer Disc Select Sect | Add +68.4% | 0.50% | +0.23 |
| GLD SPDR Gold Shares | Add +6.7% | 0.63% | +0.23 |
| COST Costco Wholesale Corp. | Add +0.7% | 1.04% | +0.22 |
| TOTL SS Doubleline TR Tact ETF | New | 0.22% | +0.22 |
| AIG American International Group | New | 0.22% | +0.22 |
| CSCO Cisco Systems Inc. | New | 0.22% | +0.22 |
| GLDD Great Lakes Dredge & Dock Co. | Add +149.0% | 0.38% | +0.22 |
| MSTR Strategy Inc. | New | 0.21% | +0.21 |
| RING iShares MSCI Global Gold Min | New | 0.19% | +0.19 |
| VSGX Vanguard ESG Intl Stock ETF | Add +41.3% | 0.40% | +0.18 |
| ROKU Roku Inc. | New | 0.17% | +0.17 |
| BB Blackberry Ltd. | Add +19.1% | 0.59% | +0.17 |
| CTRA Coterra Energy Inc. | New | 0.17% | +0.17 |
| HYBL SS Blackstone High Inc. ETF | Add +1.9% | 0.85% | +0.16 |
| GEHC GE Healthcare Technology | New | 0.16% | +0.16 |
| FIX Comfort Systems USA Inc. | Add +69.1% | 0.43% | +0.16 |
| JEPI JPMorgan Equity Premium Inco | Add +7.6% | 0.65% | +0.15 |
| ORCL Oracle Corp. | Add +47.0% | 0.43% | +0.14 |
| IBIT iShares Bitcoin Trust ETF | Add +27.6% | 0.49% | +0.13 |
| ADTN Adtran Holdings Inc. | New | 0.13% | +0.13 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +15.2% | 0.49% | +0.13 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +14.5% | 0.36% | +0.11 |
| XLC SS Comm Select Sector SPDR | Add +14.2% | 0.39% | +0.11 |
| NOK Nokia Corp.-Spon ADR | New | 0.11% | +0.11 |
| XLP SS Consumer Staples Sel Sect | Add +13.8% | 0.33% | +0.10 |
| JNJ Johnson & Johnson | Add +3.9% | 0.33% | +0.10 |
| V Visa Inc. Class A | Add +3.4% | 0.35% | +0.10 |
| XLV SS Health Care Select Sector | Add +18.4% | 0.29% | +0.10 |
| AEE Ameren Corporation | New | 0.10% | +0.10 |
| PBI Pitney Bowes Inc. | New | 0.10% | +0.10 |
| AMZN Amazon.com Inc. | Add +6.3% | 0.81% | +0.09 |
| FLOT iShares Floating Rate Bond E | Add +5.3% | 0.41% | +0.09 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +13.5% | 0.39% | +0.09 |
| CDNA Caredx Inc. | Add +37.1% | 0.31% | +0.09 |
| MYO Myomo Inc. | Add +90.4% | 0.20% | +0.09 |
| ETN Eaton Corp. PLC | Add +42.1% | 0.29% | +0.09 |
| CX Cemex Sab-Spons ADR Part Cer | Add +88.9% | 0.15% | +0.09 |
Notes & Other Activity Q4 2024 → Q1 2025
| OUSTZ Ouster Inc. -CW25 | *W EXP 03/11/202 | Sold out | 20,000 | $2Kbefore exit |
| BFLYW Butterfly Network Inc. -CW25 | *W EXP 02/12/202 | Sold out | 10,000 | $1Kbefore exit |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | Add +100.0% | 20,000 | $1K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 168 | $167.2M | SMID, CSL, DOV, JPST, VOO |
| Q1 2026 | 141 | $149.9M | SMID, CSL, DOV, VOO, FIX |
| Q4 2025 | 156 | $167.0M | SMID, CSL, DOV, VOO, SHW |
| Q3 2025 | 147 | $162.0M | SMID, CSL, DOV, VOO, SHW |
| Q2 2025Amended | 137 | $146.7M | SMID, CSL, WMT, DOV, VOO |
| Q1 2025 | 122 | $126.8M | SMID, CSL, DOV, VOO, SHW |
| Q4 2024 | 126 | $155.5M | SMID, CSL, DOV, VOO, SHW |
| Q3 2024 | 123 | $135.4M | SMID, CSL, DOV, SHW, VOO |
| Q2 2024 | 111 | $115.3M | SMID, CSL, ESOA, DOV, VOO |
| Q1 2024 | 116 | $147.6M | SMID, ESOA, CSL, DOV, SHW |