Townsend Asset Management Corp. /NC/
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 25, 2024), Townsend Asset Management Corp. /NC/ reported 196 stock positions worth $258.0 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 7.2% of the portfolio, followed by Wisdomtree U.S. Quality Divi (DGRW, 5.2%) and Qualcomm (QCOM, 5.0%). Compared with Q1 2024, it opened 6 new positions, sold out of 6, added to 75 and reduced 44. The biggest buy was Qualcomm (QCOM, shares +2%) and the biggest sale PayPal (PYPL, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- RALEIGH, NC
- CIK
- 0000709089
- Portfolio Value
- $258.0M (Q2 2024)
- SEC Filing
- 0001398344-24-013066 ↗ filed Jul 25, 2024
Holdings Value
Holdings 196 stocks · $258.0M
| QQQ Invesco QQQ Trust Series 1 | 7.22% | 38,906 | $18.6M | Add +0.5% |
| DGRW Wisdomtree U.S. Quality Divi | 5.16% | 170,481 | $13.3M | Add +1.3% |
| QCOM Qualcomm Inc. | 5.03% | 65,146 | $13.0M | Add +2.1% |
| AMZN Amazon.com Inc. | 4.40% | 58,709 | $11.3M | Add +8.7% |
| MSFT Microsoft Corp. | 3.59% | 20,730 | $9.3M | Reduce -0.1% |
| AAPL Apple Inc. | 3.47% | 42,453 | $8.9M | Add +1.8% |
| JPM JPMorgan Chase & Co. | 3.40% | 43,378 | $8.8M | Add +2.0% |
| V Visa Inc. Class A | 3.34% | 32,838 | $8.6M | Add +1.5% |
| WAB Wabtec Corp. | 3.33% | 54,362 | $8.6M | Reduce -1.3% |
| MAR Marriott International Class A | 2.90% | 30,919 | $7.5M | Reduce -0.2% |
| COST Costco Wholesale Corp. | 2.80% | 8,499 | $7.2M | Add +1.3% |
| STZ Constellation Brands Inc. Class A | 2.25% | 22,527 | $5.8M | Add +1.2% |
| DHR Danaher Corp. | 2.04% | 21,035 | $5.3M | Add +8.3% |
| GOOGL Alphabet Inc. Class A | 1.91% | 27,118 | $4.9M | Add +0.9% |
| ZTS Zoetis Inc. | 1.61% | 24,017 | $4.2M | Add +0.7% |
| CGGR Cap Group Growth Equity | 1.57% | 123,174 | $4.1M | Add +5.4% |
| VOO Vanguard S&P 500 ETF | 1.53% | 7,918 | $4.0M | Add +5.9% |
| WYNN WYNN Resorts Ltd. | 1.38% | 39,657 | $3.5M | Reduce -2.9% |
| SCHG Schwab US Large-Cap Growth | 1.37% | 34,977 | $3.5M | Add +5.4% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 1.29% | 50,824 | $3.3M | Reduce -0.4% |
| DUK Duke Energy Corp. | 1.24% | 31,879 | $3.2M | Add +0.7% |
| NVDA Nvidia Corp. | 1.19% | 24,770 | $3.1M | Reduce -4.4% |
| OWL Blue Owl Capital Inc. | 1.18% | 171,603 | $3.0M | Add +1.1% |
| DVY iShares Select Dividend ETF | 1.13% | 24,121 | $2.9M | Add +60.4% |
| IJH iShares Core S&P Midcap ETF | 1.09% | 48,000 | $2.8M | Reduce -1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.09% | 6,883 | $2.8M | Reduce -0.1% |
| ACN Accenture PLC Class A | 1.05% | 8,906 | $2.7M | Add +1.4% |
| ECL Ecolab Inc. | 1.00% | 10,812 | $2.6M | Add +0.3% |
| AMT American Tower Corp. | 0.94% | 12,448 | $2.4M | Add +22.4% |
| PG The Procter & Gamble Co. | 0.94% | 14,636 | $2.4M | Reduce -2.5% |
| SCHX Schwab US Large-Cap ETF | 0.88% | 35,462 | $2.3M | Reduce -0.1% |
| PYPL PayPal Holdings Inc. | 0.88% | 38,969 | $2.3M | Reduce -55.8% |
| LLY Eli Lilly & Co. | 0.84% | 2,393 | $2.2M | Reduce -1.0% |
| SCHD Schwab US DVD Equity ETF | 0.79% | 26,351 | $2.0M | Reduce -8.7% |
| IWB iShares Russell 1000 ETF | 0.71% | 6,148 | $1.8M | Reduce -2.1% |
| ADP Automatic Data Processing | 0.69% | 7,423 | $1.8M | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.67% | 20,494 | $1.7M | Reduce -0.8% |
| IWF iShares Russell 1000 Growth | 0.65% | 4,625 | $1.7M | Reduce -2.6% |
| PH Parker Hannifin Corp. | 0.64% | 3,273 | $1.7M | Add +323.4% |
| HD Home Depot Inc. | 0.63% | 4,693 | $1.6M | Reduce -2.4% |
| AFL Aflac Inc. | 0.58% | 16,838 | $1.5M | No change |
| ROP Roper Technologies Inc. | 0.57% | 2,631 | $1.5M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.57% | 14,849 | $1.5M | Reduce -61.1% |
| MCD McDonald's Corp. | 0.56% | 5,633 | $1.4M | Add +0.1% |
| KO The Coca-Cola Co. | 0.55% | 22,354 | $1.4M | Add +0.3% |
| VIG Vanguard Dividend Apprec ETF | 0.54% | 7,573 | $1.4M | Reduce -12.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.53% | 5,086 | $1.4M | No change |
| XLK SS Technology Select Sector | 0.52% | 5,954 | $1.3M | Add +0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.51% | 2,397 | $1.3M | Add +0.9% |
| JNJ Johnson & Johnson | 0.46% | 8,087 | $1.2M | Reduce -0.9% |
| RSP Invesco S&P 500 Equal Weight | 0.45% | 7,126 | $1.2M | Add +0.3% |
| CVX Chevron Corp. | 0.44% | 7,306 | $1.1M | Reduce -2.6% |
| MRK Merck & Co. Inc. | 0.40% | 8,422 | $1.0M | Add +0.1% |
| IJR iShares Core S&P Small-Cap E | 0.40% | 9,742 | $1.0M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 0.40% | 5,632 | $1.0M | No change |
| IWO iShares Russell 2000 Growth | 0.39% | 3,827 | $1.0M | Add +0.2% |
| FISV Fiserv Inc. | 0.36% | 6,245 | $931K | No change |
| AVGO Broadcom Inc. | 0.35% | 561 | $900K | Add +0.2% |
| SPGI S&P Global Inc. | 0.33% | 1,932 | $862K | No change |
| WMT Walmart Inc. | 0.32% | 12,135 | $822K | Add +0.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.31% | 11,896 | $797K | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.31% | 14,495 | $796K | Reduce -2.0% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.30% | 3,137 | $785K | Add +4.5% |
| SCHB Schwab US Broad Market ETF | 0.29% | 12,008 | $755K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.29% | 4,629 | $743K | Reduce -0.8% |
| IVV iShares Core S&P 500 ETF | 0.28% | 1,332 | $729K | Add +4.0% |
| IWM iShares Russell 2000 ETF | 0.28% | 3,566 | $723K | Add +0.2% |
| CAT Caterpillar Inc. | 0.28% | 2,161 | $720K | Add +0.1% |
| UNH Unitedhealth Group Inc. | 0.27% | 1,370 | $698K | Reduce -42.4% |
| SCHM Schwab US Mid Cap ETF | 0.26% | 8,720 | $679K | Reduce -0.9% |
| EFA iShares MSCI Eafe ETF | 0.25% | 8,323 | $652K | Add +0.8% |
| SPLV Invesco S&P 500 Low Volatili | 0.25% | 9,851 | $640K | Reduce -1.4% |
| IEMG iShares Core MSCI Emerging | 0.24% | 11,776 | $630K | No change |
| XLI SS Industrial Select Sector | 0.24% | 5,147 | $627K | New |
| DV Doubleverify Holdings Inc. | 0.23% | 30,465 | $593K | Add +174.2% |
| XOM Exxon Mobil Corp. | 0.23% | 5,096 | $587K | Add +0.1% |
| HON Honeywell International Inc. | 0.22% | 2,686 | $574K | Reduce -3.2% |
| EPD Enterprise Products Partners | 0.22% | 19,361 | $561K | Add +6.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.21% | 1,452 | $543K | Reduce -0.4% |
| ADBE Adobe Inc. | 0.21% | 976 | $542K | No change |
| IWN iShares Russell 2000 Value E | 0.20% | 3,441 | $524K | Add +0.4% |
| META Meta Platforms Inc. Class A | 0.20% | 1,029 | $519K | Add +9.3% |
| PEP Pepsico Inc. | 0.19% | 3,046 | $502K | Reduce -0.8% |
| SCHA Schwab US Small-Cap ETF | 0.19% | 10,235 | $486K | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.19% | 2,637 | $481K | No change |
| ORCL Oracle Corp. | 0.19% | 3,390 | $479K | Add +0.0% |
| BX Blackstone Inc. | 0.18% | 3,815 | $472K | Add +0.1% |
| AMGN Amgen Inc. | 0.18% | 1,510 | $472K | Add +5.6% |
| COP Conocophillips | 0.18% | 4,107 | $470K | Reduce -1.8% |
| IWD iShares Russell 1000 Value E | 0.18% | 2,623 | $458K | Add +0.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.17% | 6,171 | $448K | Add +0.2% |
| NFLX Netflix Inc. | 0.17% | 655 | $442K | Add +29.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 11,030 | $439K | Add +0.4% |
| PSX Phillips 66 | 0.17% | 3,053 | $431K | Add +0.3% |
| MA Mastercard Inc. Class A | 0.16% | 945 | $417K | Add +0.1% |
| ADI Analog Devices Inc. | 0.15% | 1,710 | $390K | No change |
| TGT Target Corp. | 0.15% | 2,575 | $381K | Reduce -19.6% |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.14% | 9,749 | $372K | Add +0.1% |
| MAIN Main Street Capital Corp. | 0.14% | 7,189 | $363K | Add +1.4% |
| AMD Advanced Micro Devices | 0.13% | 2,114 | $343K | Add +2.7% |
Portfolio Sells Q1 2024 → Q2 2024
| PYPL PayPal Holdings Inc. | Reduce -55.8% | 0.88% | −1.47 |
| DIS The Walt Disney Co. | Reduce -61.1% | 0.57% | −1.29 |
| WYNN WYNN Resorts Ltd. | Reduce -2.9% | 1.38% | −0.28 |
| MAR Marriott International Class A | Reduce -0.2% | 2.90% | −0.21 |
| UNH Unitedhealth Group Inc. | Reduce -42.4% | 0.27% | −0.20 |
| SCHD Schwab US DVD Equity ETF | Reduce -8.7% | 0.79% | −0.13 |
| LEGG MASON ETF INVT | Sold out | 0.00% | −0.11 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.11 |
| HD Home Depot Inc. | Reduce -2.4% | 0.63% | −0.11 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.10 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.10 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.8% | 1.09% | −0.09 |
| VIG Vanguard Dividend Apprec ETF | Reduce -12.2% | 0.54% | −0.09 |
| DOW Dow Inc. | Sold out | 0.00% | −0.08 |
| TGT Target Corp. | Reduce -19.6% | 0.15% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 1.09% | −0.07 |
| JNJ Johnson & Johnson | Reduce -0.9% | 0.46% | −0.06 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Reduce -0.4% | 1.29% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -2.5% | 0.94% | −0.03 |
| CLX Clorox Company | Reduce -17.1% | 0.08% | −0.03 |
| COP Conocophillips | Reduce -1.8% | 0.18% | −0.03 |
| CVX Chevron Corp. | Reduce -2.6% | 0.44% | −0.03 |
| FNDA Schwab Fndmntl US SM Co. ETF | Reduce -2.0% | 0.31% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.3% | 0.40% | −0.03 |
| DE Deere & Co. | Reduce -12.7% | 0.08% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Reduce -0.9% | 0.26% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -11.5% | 0.11% | −0.02 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.8% | 0.67% | −0.02 |
| PEP Pepsico Inc. | Reduce -0.8% | 0.19% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -0.9% | 0.08% | −0.02 |
| AZO AutoZone Inc. | Reduce -6.0% | 0.09% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.8% | 0.29% | −0.01 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -1.4% | 0.25% | −0.01 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -2.1% | 0.71% | −0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -20.4% | 0.03% | −0.01 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Reduce -14.0% | 0.05% | −0.01 |
| HON Honeywell International Inc. | Reduce -3.2% | 0.22% | −0.00 |
| IBB iShares Biotechnology ETF | Reduce -50.9% | 0.00% | −0.00 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -11.4% | 0.02% | −0.00 |
| ERTH Invesco MSCI Sustainable Fut | Reduce -0.2% | 0.03% | −0.00 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -2.3% | 0.04% | −0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -2.3% | 0.03% | −0.00 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.1% | 0.88% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.4% | 0.21% | +0.01 |
| IWF iShares Russell 1000 Growth | Reduce -2.6% | 0.65% | +0.02 |
| LLY Eli Lilly & Co. | Reduce -1.0% | 0.84% | +0.09 |
| MSFT Microsoft Corp. | Reduce -0.1% | 3.59% | +0.12 |
| WAB Wabtec Corp. | Reduce -1.3% | 3.33% | +0.14 |
| NVDA Nvidia Corp. | Reduce -4.4% | 1.19% | +0.26 |
Portfolio Buys Q1 2024 → Q2 2024
| QCOM Qualcomm Inc. | Add +2.1% | 5.03% | +0.73 |
| AAPL Apple Inc. | Add +1.8% | 3.47% | +0.62 |
| AMZN Amazon.com Inc. | Add +8.7% | 4.40% | +0.52 |
| PH Parker Hannifin Corp. | Add +323.4% | 0.64% | +0.47 |
| DVY iShares Select Dividend ETF | Add +60.4% | 1.13% | +0.39 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.5% | 7.22% | +0.39 |
| COST Costco Wholesale Corp. | Add +1.3% | 2.80% | +0.36 |
| GOOGL Alphabet Inc. Class A | Add +0.9% | 1.91% | +0.30 |
| XLI SS Industrial Select Sector | New | 0.24% | +0.24 |
| SCHG Schwab US Large-Cap Growth | Add +5.4% | 1.37% | +0.14 |
| AMT American Tower Corp. | Add +22.4% | 0.94% | +0.14 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.12% | +0.12 |
| LRGE Clearbridge Large Cap Growth | New | 0.11% | +0.11 |
| DHR Danaher Corp. | Add +8.3% | 2.04% | +0.11 |
| VOO Vanguard S&P 500 ETF | Add +5.9% | 1.53% | +0.11 |
| IBTX Independent Bank Group Inc. | New | 0.09% | +0.09 |
| CGGR Cap Group Growth Equity | Add +5.4% | 1.57% | +0.08 |
| UFPT Ufp Technologies Inc. | New | 0.08% | +0.08 |
| ACGL Arch Capital Group Ltd. | New | 0.08% | +0.08 |
| DV Doubleverify Holdings Inc. | Add +174.2% | 0.23% | +0.07 |
| DGRW Wisdomtree U.S. Quality Divi | Add +1.3% | 5.16% | +0.06 |
| AVGO Broadcom Inc. | Add +0.2% | 0.35% | +0.05 |
| NFLX Netflix Inc. | Add +29.7% | 0.17% | +0.05 |
| XLK SS Technology Select Sector | Add +0.2% | 0.52% | +0.03 |
| WMT Walmart Inc. | Add +0.0% | 0.32% | +0.03 |
| AMGN Amgen Inc. | Add +5.6% | 0.18% | +0.02 |
| DUK Duke Energy Corp. | Add +0.7% | 1.24% | +0.02 |
| META Meta Platforms Inc. Class A | Add +9.3% | 0.20% | +0.02 |
| ORCL Oracle Corp. | Add +0.0% | 0.19% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +4.0% | 0.28% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +2.0% | 3.40% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.9% | 0.51% | +0.01 |
| KO The Coca-Cola Co. | Add +0.3% | 0.55% | +0.01 |
| ZTS Zoetis Inc. | Add +0.7% | 1.61% | +0.01 |
| ECL Ecolab Inc. | Add +0.3% | 1.00% | +0.01 |
| MAIN Main Street Capital Corp. | Add +1.4% | 0.14% | +0.01 |
| EPD Enterprise Products Partners | Add +6.5% | 0.22% | +0.01 |
| BAC Bank of America Corp. | Add +0.4% | 0.17% | +0.00 |
| XVV iShares ESG Select Screened | Add +0.2% | 0.09% | +0.00 |
| NZUS SS SPDR MSCI U Class P Al ETF | Add +0.3% | 0.04% | +0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +0.3% | 0.04% | +0.00 |
| EFG iShares MSCI Eafe Growth ETF | Add +1.6% | 0.00% | −0.00 |
| XLP SS Consumer Staples Sel Sect | Add +0.6% | 0.00% | −0.00 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +1.1% | 0.02% | −0.00 |
| AGGY Wisdomtree Yield Enhanced US | Add +0.4% | 0.02% | −0.00 |
| BIV Vanguard Intermediate-Term B | Add +0.7% | 0.02% | −0.00 |
| XLY SS Consumer Disc Select Sect | Add +0.2% | 0.03% | −0.00 |
| XLE SS Energy Select Sector | Add +0.3% | 0.02% | −0.00 |
| PHO Invesco Water Resources ETF | Add +0.2% | 0.03% | −0.00 |
| BND Vanguard Total Bond Market | Add +0.2% | 0.06% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 195 | $311.8M | QQQ, DGRW, AMZN, JPM, V |
| Q1 2026 | 187 | $276.7M | DGRW, QQQ, AMZN, JPM, WAB |
| Q4 2025 | 176 | $283.9M | QQQ, DGRW, AMZN, QCOM, JPM |
| Q3 2025 | 169 | $281.0M | QQQ, DGRW, AMZN, QCOM, JPM |
| Q2 2025 | 177 | $276.1M | QQQ, DGRW, AMZN, QCOM, JPM |
| Q1 2025 | 174 | $259.4M | QQQ, DGRW, AMZN, QCOM, V |
| Q4 2024 | 185 | $273.7M | QQQ, DGRW, AMZN, QCOM, JPM |
| Q3 2024 | 195 | $269.4M | QQQ, DGRW, QCOM, AMZN, AAPL |
| Q2 2024 | 196 | $258.0M | QQQ, DGRW, QCOM, AMZN, MSFT |
| Q1 2024 | 196 | $251.6M | QQQ, DGRW, QCOM, AMZN, V |