Townsend & Associates, Inc

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 22, 2026), Townsend & Associates, Inc reported 114 stock positions worth $1.2 billion. Its top holding was iShares 0-1 Year Treasury Bo (SHV) at 6.2% of the portfolio, followed by iShares Core 1-5 Year Usd Bo (ISTB, 5.1%) and BHP Group Ltd.-Spon ADR (BHP, 4.2%). Compared with Q1 2026, it opened 2 new positions, sold out of 1, added to 44 and reduced 36. The biggest buy was WW Grainger (GWW, shares +1%) and the biggest sale T Rowe Price Nat Res ETF (TURF, shares −1%).

Most Recent 13F
Q2 2026
Location
WESTMINSTER, CO
CIK
0001729359
Portfolio Value
$1.2B (Q2 2026)
SEC Filing
0001729359-26-000004 ↗ filed Jul 22, 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 Q1 2026 Q2 2026: $1.2B $1.2B Q2 2026

Holdings 114 stocks · $1.2B
SHV iShares 0-1 Year Treasury Bo 6.24% 664,440 $73.3M Add +2.9%
ISTB iShares Core 1-5 Year Usd Bo 5.08% 1,240,631 $59.6M Add +2.9%
BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED 4.25% 619,268 $49.8M Add +0.1%
JIII JNS Hndrsn Incm ETF 3.99% 942,780 $46.9M Add +2.4%
TLT iShares 20+ Year Treasury BD 3.86% 539,586 $45.3M Add +2.6%
NTR Nutrien Ltd. 3.55% 625,475 $41.7M Add +1.3%
MYRG MYR Group Inc./Delaware 3.55% 106,648 $41.6M Reduce -1.6%
GLD SPDR Gold Shares 3.36% 107,371 $39.5M Add +1.4%
HDV iShares Core High Dividend E 3.15% 1,311,868 $37.0M Reduce -0.7%
IUSV iShares Core S&P U.S. Value 3.00% 316,302 $35.2M Reduce -0.9%
CSPF C&S Pref & Income Active ETF 2.93% 1,319,473 $34.4M Add +2.6%
AIG American International Group 2.91% 427,642 $34.1M Add +2.7%
GNK Genco Shipping & Trading Ltd. 2.72% 1,265,912 $32.0M Reduce -0.2%
EFV iShares MSCI Eafe Value ETF 2.62% 395,138 $30.8M Reduce -0.8%
RTX RTX Corp. 2.30% 138,736 $27.0M Add +0.8%
TTE Totalenergies SE 2.19% 318,791 $25.8M Add +0.1%
GNRC Generac Holdings Inc. 2.17% 119,355 $25.5M Reduce -0.3%
FANG Diamondback Energy Inc. 2.12% 127,362 $24.9M Add +0.4%
SNA Snap-on Inc. 1.90% 54,892 $22.3M Add +0.9%
AER Aercap Holdings NV 1.87% 147,851 $21.9M Add +0.9%
GWW WW Grainger Inc. 1.76% 15,070 $20.7M Add +1.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.60% 120,314 $18.7M Add +1.1%
WM Waste Management Inc. 1.58% 77,656 $18.6M Add +2.1%
MCK McKesson Corp. 1.55% 21,916 $18.2M Add +2.6%
UPS United Parcel Service Class B 1.54% 159,352 $18.0M Add +2.4%
GRW TCW Durable Growth ETF 1.49% 560,318 $17.5M Reduce -1.0%
EW Edwards Lifesciences Corp. 1.47% 203,401 $17.3M Add +2.0%
BRK.B Berkshire Hathaway Inc. Class B 1.42% 33,845 $16.6M Add +2.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.40% 170,246 $16.4M Add +2.3%
HCA HCA Healthcare Inc. 1.38% 43,842 $16.2M Add +2.5%
CME Cme Group Inc. 1.38% 65,960 $16.2M Add +2.9%
TURF T Rowe Price Nat Res ETF 1.37% 503,784 $16.0M Reduce -0.5%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 1.36% 219,487 $16.0M Add +2.5%
MHK Mohawk Industries Inc. 1.32% 143,750 $15.5M Add +2.6%
DEO Diageo PLC-Sponsored ADR 1.22% 168,835 $14.3M Add +3.9%
DHI D.R. Horton Inc. 1.16% 94,213 $13.6M Reduce -0.1%
BKNG Booking Holdings Inc. 1.13% 73,648 $13.2M Reduce -95.8%
EMXC iShares MSCI Emr MRK Ex Chna 1.12% 143,073 $13.1M Reduce -1.8%
KR Kroger Co. 1.11% 222,908 $13.0M Add +4.0%
AZO AutoZone Inc. 1.00% 3,931 $11.8M Add +4.6%
NOMD Nomad Foods Ltd. 0.92% 914,196 $10.8M Add +6.6%
IAU iShares Gold Trust 0.83% 129,101 $9.7M Add +0.6%
BRK.A Berkshire Hathaway Inc. Class A 0.38% 6 $4.4M No change
LMT Lockheed Martin Corp. 0.36% 8,403 $4.3M Reduce -0.1%
AAPL Apple Inc. 0.35% 12,621 $4.1M Add +0.0%
DUK Duke Energy Corp. 0.34% 32,158 $4.0M Add +0.3%
NVR NVR Inc. 0.31% 563 $3.6M Add +11.9%
GOOG Alphabet Inc. Class C 0.30% 9,875 $3.5M No change
HAL Halliburton Co. 0.27% 90,316 $3.2M Reduce -1.6%
MSFT Microsoft Corp. 0.24% 7,075 $2.8M Reduce -0.9%
ABBV Abbvie Inc. 0.24% 10,960 $2.8M Reduce -1.4%
BMY Bristol-Myers Squibb Co. 0.24% 45,898 $2.8M Reduce -1.2%
BTI British American Tob-SP ADR 0.22% 42,240 $2.6M Reduce -1.8%
VTR Ventas Inc. 0.22% 26,696 $2.6M Reduce -1.8%
PEP Pepsico Inc. 0.20% 17,213 $2.3M Reduce -0.5%
JNJ Johnson & Johnson 0.20% 9,246 $2.3M Reduce -0.3%
GOOGL Alphabet Inc. Class A 0.19% 6,500 $2.3M No change
LYB Lyondellbasell Indu Class A 0.18% 34,538 $2.1M Reduce -1.9%
BALL Ball Corp. 0.16% 30,421 $1.9M Reduce -6.3%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.16% 16,566 $1.9M Reduce -0.9%
UL Unilever PLC-Sponsored ADR 0.15% 28,756 $1.8M Add +4.6%
UNH Unitedhealth Group Inc. 0.13% 3,530 $1.5M Reduce -0.4%
CLX Clorox Company 0.12% 14,821 $1.4M Add +3.8%
NVDA Nvidia Corp. 0.11% 6,586 $1.3M No change
XOM Exxon Mobil Corp. 0.10% 7,889 $1.2M No change
MCD McDonald's Corp. 0.10% 4,264 $1.1M No change
KO The Coca-Cola Co. 0.10% 13,680 $1.1M No change
LRCX Lam Research Corp. 0.09% 3,464 $1.1M No change
XEL Xcel Energy Inc. 0.08% 12,025 $946K No change
MRK Merck & Co. Inc. 0.08% 7,314 $910K No change
PG The Procter & Gamble Co. 0.07% 5,275 $787K Reduce -3.1%
ATR Aptargroup Inc. 0.06% 5,400 $702K No change
INTC Intel Corp. 0.06% 6,800 $660K Reduce -8.1%
AMZN Amazon.com Inc. 0.05% 2,550 $638K Reduce -12.3%
CAT Caterpillar Inc. 0.05% 734 $634K Reduce -4.0%
PPG PPG Industries Inc. 0.05% 5,322 $616K No change
AON Aon PLC Class A 0.05% 1,666 $604K Reduce -0.5%
ETN Eaton Corp. PLC 0.05% 1,466 $588K No change
PNC PNC Financial Services Group 0.05% 2,308 $577K Add +18.2%
GE General Electric filed as GE AEROSPACE 0.05% 1,687 $576K No change
JPM JPMorgan Chase & Co. 0.05% 1,661 $563K No change
VGT Vanguard Info Tech ETF 0.05% 4,825 $546K Reduce -87.5%
MA Mastercard Inc. Class A 0.05% 981 $537K Reduce -0.4%
BAC Bank of America Corp. 0.05% 8,778 $530K No change
CMI Cummins Inc. 0.04% 820 $524K No change
UNP Union Pacific Corp. 0.04% 1,766 $523K Reduce -1.4%
HD Home Depot Inc. 0.04% 1,394 $464K Reduce -1.2%
GEV GE Vernova Inc. 0.04% 421 $454K No change
CMCSA Comcast Corp. Class A 0.04% 17,764 $422K No change
EMR Emerson Electric Co. 0.04% 3,050 $417K No change
BMO Bank of Montreal filed as BANK MONTREAL MEDIUM 0.03% 2,225 $396K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.03% 1,885 $380K No change
ITW Illinois Tool Works 0.03% 1,341 $364K Add +0.3%
F Ford Motor Co. filed as FORD MTR CO 0.03% 23,396 $327K Add +0.0%
HSY The Hershey Co. 0.03% 1,900 $326K No change
USB US Bancorp 0.03% 5,082 $321K No change
QQQ Invesco QQQ Trust Series 1 0.03% 456 $318K Add +0.9%
CSCO Cisco Systems Inc. 0.03% 2,807 $311K No change
NE Noble Corp. PLC 0.03% 7,300 $296K No change
WMB Williams Cos Inc. 0.03% 3,960 $294K Reduce -1.6%
IGSB iShares 1-5Y Inv Grade Corp. 0.02% 5,170 $270K No change
CARR Carrier Global Corp. 0.02% 4,004 $268K No change
COST Costco Wholesale Corp. 0.02% 281 $263K Reduce -6.0%
ENTG Entegris Inc. 0.02% 1,880 $252K No change
IXC iShares Global Energy ETF 0.02% 4,625 $248K Reduce -7.3%
TQQQ Proshares Ultrapro QQQ 0.02% 3,621 $245K Add +7.9%
IDV iShares International Select 0.02% 5,655 $241K No change
RSP Invesco S&P 500 Equal Weight 0.02% 1,120 $238K No change
PFE Pfizer Inc. 0.02% 8,993 $223K Add +0.0%
V Visa Inc. Class A 0.02% 600 $216K New
T AT&T Inc. 0.02% 9,379 $206K Add +0.0%
SOXL Direx Dail Semi Bu 3X Et-Usd 0.02% 1,401 $192K New
RIG Transocean Ltd. 0.01% 26,000 $131K Add +4.0%
FSCO FS Credit Opportunities Corp. 0.01% 14,999 $74K No change

Options reported separately and not counted above: SOXL calls ($14K).

Portfolio Sells Q1 2026 → Q2 2026
TURF T Rowe Price Nat Res ETF Reduce -0.5% 1.37% −0.16
DHI D.R. Horton Inc. Reduce -0.1% 1.16% −0.15
LYB Lyondellbasell Indu Class A Reduce -1.9% 0.18% −0.04
HAL Halliburton Co. Reduce -1.6% 0.27% −0.04
LMT Lockheed Martin Corp. Reduce -0.1% 0.36% −0.04
GNRC Generac Holdings Inc. Reduce -0.3% 2.17% −0.04
PEP Pepsico Inc. Reduce -0.5% 0.20% −0.03
MSFT Microsoft Corp. Reduce -0.9% 0.24% −0.02
NFLX Netflix Inc. Sold out 0.00% −0.02
EFV iShares MSCI Eafe Value ETF Reduce -0.8% 2.62% −0.02
BALL Ball Corp. Reduce -6.3% 0.16% −0.01
EMXC iShares MSCI Emr MRK Ex Chna Reduce -1.8% 1.12% −0.01
AMZN Amazon.com Inc. Reduce -12.3% 0.05% −0.01
COST Costco Wholesale Corp. Reduce -6.0% 0.02% −0.00
IXC iShares Global Energy ETF Reduce -7.3% 0.02% −0.00
HD Home Depot Inc. Reduce -1.2% 0.04% −0.00
BMY Bristol-Myers Squibb Co. Reduce -1.2% 0.24% −0.00
PG The Procter & Gamble Co. Reduce -3.1% 0.07% −0.00
WMB Williams Cos Inc. Reduce -1.6% 0.03% +0.00
CAT Caterpillar Inc. Reduce -4.0% 0.05% +0.00
MA Mastercard Inc. Class A Reduce -0.4% 0.05% +0.00
VGT Vanguard Info Tech ETF Reduce -87.5% 0.05% +0.00
AON Aon PLC Class A Reduce -0.5% 0.05% +0.00
UNP Union Pacific Corp. Reduce -1.4% 0.04% +0.01
INTC Intel Corp. Reduce -8.1% 0.06% +0.01
JNJ Johnson & Johnson Reduce -0.3% 0.20% +0.02
BTI British American Tob-SP ADR Reduce -1.8% 0.22% +0.02
UNH Unitedhealth Group Inc. Reduce -0.4% 0.13% +0.02
SJM The JM Smucker Co. Reduce -0.9% 0.16% +0.02
BKNG Booking Holdings Inc. Reduce -95.8% 1.13% +0.03
VTR Ventas Inc. Reduce -1.8% 0.22% +0.03
GRW TCW Durable Growth ETF Reduce -1.0% 1.49% +0.04
ABBV Abbvie Inc. Reduce -1.4% 0.24% +0.04
IUSV iShares Core S&P U.S. Value Reduce -0.9% 3.00% +0.06
HDV iShares Core High Dividend E Reduce -0.7% 3.15% +0.12
GNK Genco Shipping & Trading Ltd. Reduce -0.2% 2.72% +0.13
MYRG MYR Group Inc./Delaware Reduce -1.6% 3.55% +0.43

Portfolio Buys Q1 2026 → Q2 2026
GWW WW Grainger Inc. Add +1.0% 1.76% +0.28
NOMD Nomad Foods Ltd. Add +6.6% 0.92% +0.21
AIG American International Group Add +2.7% 2.91% +0.18
RTX RTX Corp. Add +0.8% 2.30% +0.15
UPS United Parcel Service Class B Add +2.4% 1.54% +0.12
AER Aercap Holdings NV Add +0.9% 1.87% +0.12
WRB WR Berkley Corp. Add +2.5% 1.36% +0.11
WM Waste Management Inc. Add +2.1% 1.58% +0.11
SNA Snap-on Inc. Add +0.9% 1.90% +0.11
DEO Diageo PLC-Sponsored ADR Add +3.9% 1.22% +0.10
SHV iShares 0-1 Year Treasury Bo Add +2.9% 6.24% +0.10
BRK.B Berkshire Hathaway Inc. Class B Add +2.0% 1.42% +0.08
EW Edwards Lifesciences Corp. Add +2.0% 1.47% +0.07
AAPL Apple Inc. Add +0.0% 0.35% +0.05
ISTB iShares Core 1-5 Year Usd Bo Add +2.9% 5.08% +0.03
CSPF C&S Pref & Income Active ETF Add +2.6% 2.93% +0.03
MCK McKesson Corp. Add +2.6% 1.55% +0.02
NVR NVR Inc. Add +11.9% 0.31% +0.02
V Visa Inc. Class A New 0.02% +0.02
SOXL Direx Dail Semi Bu 3X Et-Usd New 0.02% +0.02
UL Unilever PLC-Sponsored ADR Add +4.6% 0.15% +0.02
MHK Mohawk Industries Inc. Add +2.6% 1.32% +0.01
PNC PNC Financial Services Group Add +18.2% 0.05% +0.01
JIII JNS Hndrsn Incm ETF Add +2.4% 3.99% +0.01
TQQQ Proshares Ultrapro QQQ Add +7.9% 0.02% +0.00
F Ford Motor Co. Add +0.0% 0.03% +0.00
CLX Clorox Company Add +3.8% 0.12% +0.00
QQQ Invesco QQQ Trust Series 1 Add +0.9% 0.03% +0.00
ITW Illinois Tool Works Add +0.3% 0.03% +0.00
FANG Diamondback Energy Inc. Add +0.4% 2.12% −0.00
DUK Duke Energy Corp. Add +0.3% 0.34% −0.00
PFE Pfizer Inc. Add +0.0% 0.02% −0.00
RIG Transocean Ltd. Add +4.0% 0.01% −0.00
T AT&T Inc. Add +0.0% 0.02% −0.00
TJX TJX Companies Inc. Add +1.1% 1.60% −0.03
BHP BHP Group Ltd.-Spon ADR Add +0.1% 4.25% −0.05
TLT iShares 20+ Year Treasury BD Add +2.6% 3.86% −0.08
DIS The Walt Disney Co. Add +2.3% 1.40% −0.11
KR Kroger Co. Add +4.0% 1.11% −0.15
IAU iShares Gold Trust Add +0.6% 0.83% −0.16
AZO AutoZone Inc. Add +4.6% 1.00% −0.16
CME Cme Group Inc. Add +2.9% 1.38% −0.20
NTR Nutrien Ltd. Add +1.3% 3.55% −0.26
TTE Totalenergies SE Add +0.1% 2.19% −0.27
HCA HCA Healthcare Inc. Add +2.5% 1.38% −0.35
GLD SPDR Gold Shares Add +1.4% 3.36% −0.61

Options Activity Q1 2026 → Q2 2026
F Ford Motor Co. call Sold out 4,000 $51Kbefore exit
SOXL Direx Dail Semi Bu 3X Et-Usd call New 100 $14K
RIG Transocean Ltd. call Sold out 1,000 $6Kbefore exit

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