Townsend & Associates, Inc

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 29, 2026), Townsend & Associates, Inc reported 113 stock positions worth $1.2 billion. Its top holding was iShares 0-1 Year Treasury Bo (SHV) at 6.1% of the portfolio, followed by iShares Core 1-5 Year Usd Bo (ISTB, 5.0%) and BHP Group Ltd.-Spon ADR (BHP, 4.3%). Compared with Q4 2025, it opened 3 new positions, sold out of 5, added to 46 and reduced 35. The biggest buy was Diamondback Energy (FANG, shares +785%) and the biggest sale an exit from Walmart (WMT).

Most Recent 13F
Q2 2026
Location
WESTMINSTER, CO
CIK
0001729359
Portfolio Value
$1.2B (Q1 2026)
SEC Filing
0001729359-26-000003 ↗ filed Apr 29, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $857.6M Q1 2024 Q2 2024: $901.2M Q2 2024 Q3 2024: $974.4M Q3 2024 Q4 2024: $976.5M Q4 2024 Q1 2025: $959.1M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.2B $1.2B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 113 stocks · $1.2B
SHV iShares 0-1 Year Treasury Bo 6.15% 645,959 $71.3M Add +3.5%
ISTB iShares Core 1-5 Year Usd Bo 5.05% 1,205,567 $58.5M Add +3.3%
BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED 4.30% 618,736 $49.8M Reduce -1.2%
JIII JNS Hndrsn Incm ETF 3.98% 920,498 $46.2M Add +3.5%
GLD SPDR Gold Shares 3.98% 105,925 $46.1M Reduce -0.7%
TLT iShares 20+ Year Treasury BD 3.93% 525,755 $45.6M Add +3.3%
NTR Nutrien Ltd. 3.81% 617,538 $44.2M Add +0.8%
MYRG MYR Group Inc./Delaware 3.11% 108,383 $36.1M Reduce -6.0%
HDV iShares Core High Dividend E 3.03% 264,119 $35.1M Reduce -13.3%
IUSV iShares Core S&P U.S. Value 2.94% 319,320 $34.1M Reduce -12.1%
CSPF C&S Pref & Income Active ETF 2.90% 1,286,258 $33.6M Add +3.6%
AIG American International Group 2.73% 416,549 $31.7M Add +3.6%
EFV iShares MSCI Eafe Value ETF 2.64% 398,130 $30.6M Reduce -22.4%
GNK Genco Shipping & Trading Ltd. 2.60% 1,268,508 $30.1M Reduce -0.6%
TTE Totalenergies SE 2.46% 318,410 $28.5M Add +1.2%
GNRC Generac Holdings Inc. 2.21% 119,724 $25.6M Reduce -2.3%
RTX RTX Corp. 2.15% 137,647 $24.9M Add +0.4%
FANG Diamondback Energy Inc. 2.12% 126,837 $24.6M Add +785.1%
SNA Snap-on Inc. 1.79% 54,410 $20.8M Add +2.0%
AER Aercap Holdings NV 1.75% 146,535 $20.3M Add +1.5%
HCA HCA Healthcare Inc. 1.74% 42,761 $20.2M Add +1.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.63% 118,966 $18.9M Add +2.3%
CME Cme Group Inc. 1.58% 64,133 $18.3M Add +2.1%
MCK McKesson Corp. 1.53% 21,362 $17.7M Add +2.0%
TURF T Rowe Price Nat Res ETF 1.53% 506,325 $17.7M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.50% 166,398 $17.4M Add +2.5%
GWW WW Grainger Inc. 1.49% 14,919 $17.2M Add +2.6%
WM Waste Management Inc. 1.47% 76,055 $17.0M Add +2.9%
GRW TCW Durable Growth ETF 1.44% 566,223 $16.8M Add +18.5%
UPS United Parcel Service Class B 1.41% 155,596 $16.4M Add +2.7%
EW Edwards Lifesciences Corp. 1.40% 199,466 $16.3M Add +3.0%
BRK.B Berkshire Hathaway Inc. Class B 1.33% 33,174 $15.4M Reduce -46.0%
DHI D.R. Horton Inc. 1.31% 94,357 $15.2M Add +0.8%
MHK Mohawk Industries Inc. 1.31% 140,121 $15.2M Add +2.8%
KR Kroger Co. 1.26% 214,437 $14.6M Add +3.6%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 1.25% 214,024 $14.4M Add +3.5%
AZO AutoZone Inc. 1.16% 3,759 $13.5M Add +3.5%
EMXC iShares MSCI Emr MRK Ex Chna 1.13% 145,699 $13.1M Reduce -14.3%
DEO Diageo PLC-Sponsored ADR 1.12% 162,436 $13.0M Add +6.0%
BKNG Booking Holdings Inc. 1.10% 70,887 $12.7M Add +2518.7%
IAU iShares Gold Trust 0.99% 128,310 $11.4M Reduce -20.8%
NOMD Nomad Foods Ltd. 0.71% 857,391 $8.2M Add +6.3%
LMT Lockheed Martin Corp. 0.40% 8,415 $4.7M Reduce -1.1%
BRK.A Berkshire Hathaway Inc. Class A 0.36% 6 $4.2M No change
DUK Duke Energy Corp. 0.35% 32,072 $4.0M Add +0.1%
HAL Halliburton Co. 0.31% 91,801 $3.6M Reduce -3.3%
AAPL Apple Inc. 0.30% 12,620 $3.4M Reduce -1.7%
GOOG Alphabet Inc. Class C 0.29% 9,875 $3.3M Reduce -5.7%
NVR NVR Inc. 0.29% 503 $3.3M Add +6.6%
MSFT Microsoft Corp. 0.27% 7,139 $3.1M Reduce -4.0%
BMY Bristol-Myers Squibb Co. 0.24% 46,445 $2.7M Reduce -0.7%
PEP Pepsico Inc. 0.23% 17,306 $2.7M Reduce -0.1%
LYB Lyondellbasell Indu Class A 0.22% 35,195 $2.5M Add +0.1%
BTI British American Tob-SP ADR 0.21% 42,996 $2.4M Reduce -1.0%
ABBV Abbvie Inc. 0.19% 11,120 $2.2M Reduce -0.4%
GOOGL Alphabet Inc. Class A 0.19% 6,500 $2.2M No change
VTR Ventas Inc. 0.19% 27,179 $2.2M Reduce -0.9%
JNJ Johnson & Johnson 0.18% 9,272 $2.1M Reduce -2.5%
BALL Ball Corp. 0.18% 32,484 $2.0M Add +70.5%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.14% 16,724 $1.6M Add +1.3%
UL Unilever PLC-Sponsored ADR 0.14% 27,488 $1.6M Add +1.8%
CLX Clorox Company 0.12% 14,279 $1.4M Add +0.8%
NVDA Nvidia Corp. 0.12% 6,586 $1.3M Reduce -9.3%
MCD McDonald's Corp. 0.11% 4,264 $1.3M Reduce -4.0%
UNH Unitedhealth Group Inc. 0.11% 3,543 $1.3M Reduce -3.1%
XOM Exxon Mobil Corp. 0.10% 7,889 $1.2M No change
KO The Coca-Cola Co. 0.09% 13,680 $1.0M No change
XEL Xcel Energy Inc. 0.08% 12,025 $939K Add +41.7%
LRCX Lam Research Corp. 0.08% 3,464 $920K No change
MRK Merck & Co. Inc. 0.07% 7,314 $826K No change
PG The Procter & Gamble Co. 0.07% 5,445 $778K Reduce -1.6%
AMZN Amazon.com Inc. 0.06% 2,909 $743K Reduce -18.4%
ATR Aptargroup Inc. 0.06% 5,400 $673K No change
CAT Caterpillar Inc. 0.05% 765 $619K No change
ETN Eaton Corp. PLC 0.05% 1,466 $607K No change
PPG PPG Industries Inc. 0.05% 5,322 $594K No change
AON Aon PLC Class A 0.05% 1,675 $547K Reduce -9.7%
CMI Cummins Inc. 0.05% 820 $524K No change
CMCSA Comcast Corp. Class A 0.04% 17,764 $522K Add +2.7%
JPM JPMorgan Chase & Co. 0.04% 1,661 $520K No change
MA Mastercard Inc. Class A 0.04% 985 $503K Reduce -13.9%
VGT Vanguard Info Tech ETF 0.04% 4,825 $497K Add +700.2%
INTC Intel Corp. 0.04% 7,400 $483K No change
HD Home Depot Inc. 0.04% 1,411 $479K Reduce -8.9%
GEV GE Vernova Inc. 0.04% 421 $475K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 8,778 $466K No change
GE General Electric filed as GE AEROSPACE 0.04% 1,687 $466K No change
UNP Union Pacific Corp. 0.04% 1,792 $447K Reduce -15.3%
PNC PNC Financial Services Group 0.04% 1,952 $439K Add +6.7%
EMR Emerson Electric Co. 0.04% 3,050 $435K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.03% 1,885 $362K No change
HSY The Hershey Co. 0.03% 1,900 $358K No change
ITW Illinois Tool Works 0.03% 1,337 $357K Add +0.3%
NE Noble Corp. PLC 0.03% 7,300 $350K No change
BMO Bank of Montreal filed as BANK MONTREAL MEDIUM 0.03% 2,225 $336K No change
COST Costco Wholesale Corp. 0.03% 299 $300K Reduce -4.8%
QQQ Invesco QQQ Trust Series 1 0.03% 452 $296K No change
F Ford Motor Co. filed as FORD MTR CO 0.03% 23,394 $295K Add +20.0%
USB US Bancorp 0.02% 5,082 $288K No change
WMB Williams Cos Inc. 0.02% 4,025 $286K Reduce -27.6%
ENTG Entegris Inc. 0.02% 1,880 $278K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.02% 5,170 $272K Reduce -5.3%
IXC iShares Global Energy ETF 0.02% 4,992 $269K No change
CSCO Cisco Systems Inc. 0.02% 2,807 $252K No change
IDV iShares International Select 0.02% 5,655 $248K No change
T AT&T Inc. 0.02% 9,378 $244K New
CARR Carrier Global Corp. 0.02% 4,004 $243K No change
PFE Pfizer Inc. 0.02% 8,989 $241K Add +0.0%
NFLX Netflix Inc. 0.02% 2,552 $238K Add +0.9%
RSP Invesco S&P 500 Equal Weight 0.02% 1,120 $227K Add +0.3%
TQQQ Proshares Ultrapro QQQ 0.02% 3,356 $202K New
RIG Transocean Ltd. 0.01% 25,000 $152K Reduce -13.8%
FSCO FS Credit Opportunities Corp. 0.01% 14,999 $77K No change

Options reported separately and not counted above: F calls ($51K), RIG calls ($6K).

Portfolio Sells Q4 2025 → Q1 2026
WMT Walmart Inc. Sold out 0.00% −1.62
BRK.B Berkshire Hathaway Inc. Class B Reduce -46.0% 1.33% −1.37
EFV iShares MSCI Eafe Value ETF Reduce -22.4% 2.64% −0.72
IUSV iShares Core S&P U.S. Value Reduce -12.1% 2.94% −0.48
HDV iShares Core High Dividend E Reduce -13.3% 3.03% −0.42
IAU iShares Gold Trust Reduce -20.8% 0.99% −0.27
HUBB Hubbell Inc. Sold out 0.00% −0.09
GLD SPDR Gold Shares Reduce -0.7% 3.98% −0.05
EMXC iShares MSCI Emr MRK Ex Chna Reduce -14.3% 1.13% −0.05
MSFT Microsoft Corp. Reduce -4.0% 0.27% −0.04
LMT Lockheed Martin Corp. Reduce -1.1% 0.40% −0.04
ABBV Abbvie Inc. Reduce -0.4% 0.19% −0.02
GOOG Alphabet Inc. Class C Reduce -5.7% 0.29% −0.02
FTLF Fitlife Brands Inc. Sold out 0.00% −0.02
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −0.02
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −0.02
BTI British American Tob-SP ADR Reduce -1.0% 0.21% −0.02
MA Mastercard Inc. Class A Reduce -13.9% 0.04% −0.01
MCD McDonald's Corp. Reduce -4.0% 0.11% −0.01
AMZN Amazon.com Inc. Reduce -18.4% 0.06% −0.01
HD Home Depot Inc. Reduce -8.9% 0.04% −0.01
AON Aon PLC Class A Reduce -9.7% 0.05% −0.01
NVDA Nvidia Corp. Reduce -9.3% 0.12% −0.01
JNJ Johnson & Johnson Reduce -2.5% 0.18% −0.01
WMB Williams Cos Inc. Reduce -27.6% 0.02% −0.01
UNP Union Pacific Corp. Reduce -15.3% 0.04% −0.01
PG The Procter & Gamble Co. Reduce -1.6% 0.07% −0.00
UNH Unitedhealth Group Inc. Reduce -3.1% 0.11% −0.00
IGSB iShares 1-5Y Inv Grade Corp. Reduce -5.3% 0.02% −0.00
COST Costco Wholesale Corp. Reduce -4.8% 0.03% −0.00
BMY Bristol-Myers Squibb Co. Reduce -0.7% 0.24% −0.00
VTR Ventas Inc. Reduce -0.9% 0.19% −0.00
AAPL Apple Inc. Reduce -1.7% 0.30% +0.00
RIG Transocean Ltd. Reduce -13.8% 0.01% +0.00
PEP Pepsico Inc. Reduce -0.1% 0.23% +0.00
HAL Halliburton Co. Reduce -3.3% 0.31% +0.03
GNK Genco Shipping & Trading Ltd. Reduce -0.6% 2.60% +0.33
GNRC Generac Holdings Inc. Reduce -2.3% 2.21% +0.44
MYRG MYR Group Inc./Delaware Reduce -6.0% 3.11% +0.60
BHP BHP Group Ltd.-Spon ADR Reduce -1.2% 4.30% +0.61

Portfolio Buys Q4 2025 → Q1 2026
FANG Diamondback Energy Inc. Add +785.1% 2.12% +1.93
TURF T Rowe Price Nat Res ETF New 1.53% +1.53
TTE Totalenergies SE Add +1.2% 2.46% +0.62
GWW WW Grainger Inc. Add +2.6% 1.49% +0.11
KR Kroger Co. Add +3.6% 1.26% +0.10
GRW TCW Durable Growth ETF Add +18.5% 1.44% +0.10
NTR Nutrien Ltd. Add +0.8% 3.81% +0.10
BALL Ball Corp. Add +70.5% 0.18% +0.08
AIG American International Group Add +3.6% 2.73% +0.08
SNA Snap-on Inc. Add +2.0% 1.79% +0.07
LYB Lyondellbasell Indu Class A Add +0.1% 0.22% +0.06
CME Cme Group Inc. Add +2.1% 1.58% +0.05
AZO AutoZone Inc. Add +3.5% 1.16% +0.04
XEL Xcel Energy Inc. Add +41.7% 0.08% +0.02
T AT&T Inc. New 0.02% +0.02
WM Waste Management Inc. Add +2.9% 1.47% +0.02
TQQQ Proshares Ultrapro QQQ New 0.02% +0.02
DUK Duke Energy Corp. Add +0.1% 0.35% +0.01
TJX TJX Companies Inc. Add +2.3% 1.63% +0.01
PNC PNC Financial Services Group Add +6.7% 0.04% +0.00
SHV iShares 0-1 Year Treasury Bo Add +3.5% 6.15% +0.00
CSPF C&S Pref & Income Active ETF Add +3.6% 2.90% +0.00
VGT Vanguard Info Tech ETF Add +700.2% 0.04% +0.00
F Ford Motor Co. Add +20.0% 0.03% +0.00
CMCSA Comcast Corp. Class A Add +2.7% 0.04% +0.00
NFLX Netflix Inc. Add +0.9% 0.02% +0.00
PFE Pfizer Inc. Add +0.0% 0.02% 0.00
RSP Invesco S&P 500 Equal Weight Add +0.3% 0.02% −0.00
ITW Illinois Tool Works Add +0.3% 0.03% −0.00
SJM The JM Smucker Co. Add +1.3% 0.14% −0.02
UL Unilever PLC-Sponsored ADR Add +1.8% 0.14% −0.02
CLX Clorox Company Add +0.8% 0.12% −0.02
WRB WR Berkley Corp. Add +3.5% 1.25% −0.02
ISTB iShares Core 1-5 Year Usd Bo Add +3.3% 5.05% −0.03
DHI D.R. Horton Inc. Add +0.8% 1.31% −0.03
NVR NVR Inc. Add +6.6% 0.29% −0.03
JIII JNS Hndrsn Incm ETF Add +3.5% 3.98% −0.04
MCK McKesson Corp. Add +2.0% 1.53% −0.05
UPS United Parcel Service Class B Add +2.7% 1.41% −0.06
EW Edwards Lifesciences Corp. Add +3.0% 1.40% −0.06
TLT iShares 20+ Year Treasury BD Add +3.3% 3.93% −0.08
HCA HCA Healthcare Inc. Add +1.2% 1.74% −0.08
DEO Diageo PLC-Sponsored ADR Add +6.0% 1.12% −0.10
AER Aercap Holdings NV Add +1.5% 1.75% −0.10
DIS The Walt Disney Co. Add +2.5% 1.50% −0.14
NOMD Nomad Foods Ltd. Add +6.3% 0.71% −0.15
BKNG Booking Holdings Inc. Add +2518.7% 1.10% −0.16
MHK Mohawk Industries Inc. Add +2.8% 1.31% −0.19
RTX RTX Corp. Add +0.4% 2.15% −0.30

Options Activity Q4 2025 → Q1 2026
F Ford Motor Co. call New 4,000 $51K
RIG Transocean Ltd. call New 1,000 $6K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 114$1.2BSHV, ISTB, BHP, JIII, TLT
Q1 2026 113$1.2BSHV, ISTB, BHP, JIII, GLD
Q4 2025 115$1.1BSHV, ISTB, GLD, JIII, TLT
Q3 2025 112$1.1BSHV, ISTB, TLT, JIII, GLD
Q2 2025 112$1.0BSHV, ISTB, JIII, IUSV, HDV
Q1 2025 99$959.1MSHV, ISTB, HDV, JIII, GLD
Q4 2024 102$976.5MSHV, ISTB, HDV, IUSV, JIII
Q3 2024 103$974.4MSHV, ISTB, HDV, IUSV, MHK
Q2 2024 104$901.2MSHV, ISTB, IUSV, MHK, HDV
Q1 2024 104$857.6MSHV, ISTB, IUSV, HDV, LQD