Townsend Asset Management Corp. /NC/
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Townsend Asset Management Corp. /NC/ reported 185 stock positions worth $273.7 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 7.1% of the portfolio, followed by Wisdomtree U.S. Quality Divi (DGRW, 5.1%) and Amazon.com (AMZN, 5.0%). Compared with Q3 2024, it opened 4 new positions, sold out of 14, added to 74 and reduced 63. The biggest buy was Amazon.com (AMZN, shares +7%) and the biggest sale Constellation Brands Class A (STZ, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- RALEIGH, NC
- CIK
- 0000709089
- Portfolio Value
- $273.7M (Q4 2024)
- SEC Filing
- 0001398344-25-002084 ↗ filed Feb 6, 2025
Holdings Value
Holdings 185 stocks · $273.7M
| QQQ Invesco QQQ Trust Series 1 | 7.15% | 38,263 | $19.6M | Reduce -1.0% |
| DGRW Wisdomtree U.S. Quality Divi | 5.12% | 173,113 | $14.0M | Add +0.1% |
| AMZN Amazon.com Inc. | 4.96% | 61,873 | $13.6M | Add +6.8% |
| QCOM Qualcomm Inc. | 4.06% | 72,346 | $11.1M | Add +6.8% |
| JPM JPMorgan Chase & Co. | 3.82% | 43,584 | $10.4M | Add +1.7% |
| V Visa Inc. Class A | 3.82% | 33,039 | $10.4M | Add +0.2% |
| AAPL Apple Inc. | 3.36% | 36,726 | $9.2M | Reduce -13.0% |
| MSFT Microsoft Corp. | 3.22% | 20,919 | $8.8M | Add +0.6% |
| WAB Wabtec Corp. | 3.06% | 44,239 | $8.4M | Reduce -5.1% |
| COST Costco Wholesale Corp. | 2.61% | 7,789 | $7.1M | Reduce -1.4% |
| MAR Marriott International Class A | 2.39% | 23,432 | $6.5M | Reduce -10.8% |
| OWL Blue Owl Capital Inc. | 2.25% | 264,953 | $6.2M | Add +16.5% |
| GOOGL Alphabet Inc. Class A | 1.83% | 26,439 | $5.0M | Add +1.2% |
| DHR Danaher Corp. | 1.79% | 21,315 | $4.9M | Add +2.5% |
| CGGR Cap Group Growth Equity | 1.77% | 130,497 | $4.9M | Add +0.8% |
| VOO Vanguard S&P 500 ETF | 1.57% | 7,962 | $4.3M | Add +0.5% |
| DVY iShares Select Dividend ETF | 1.45% | 30,312 | $4.0M | Add +3.2% |
| SCHG Schwab US Large-Cap Growth | 1.43% | 140,017 | $3.9M | Reduce -0.9% |
| ZTS Zoetis Inc. | 1.43% | 23,941 | $3.9M | Add +0.9% |
| PH Parker Hannifin Corp. | 1.42% | 6,099 | $3.9M | Add +14.5% |
| WYNN WYNN Resorts Ltd. | 1.29% | 40,959 | $3.5M | Reduce -3.2% |
| PYPL PayPal Holdings Inc. | 1.29% | 41,334 | $3.5M | Add +7.6% |
| DUK Duke Energy Corp. | 1.27% | 32,346 | $3.5M | Add +0.7% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.26% | 90,261 | $3.5M | Add +83.5% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 1.22% | 143,384 | $3.3M | Reduce -6.3% |
| NVDA Nvidia Corp. | 1.18% | 24,138 | $3.2M | Reduce -0.5% |
| DV Doubleverify Holdings Inc. | 1.16% | 165,858 | $3.2M | Add +51.3% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 1.14% | 11,170 | $3.1M | Add +38.7% |
| ACN Accenture PLC Class A | 1.14% | 8,844 | $3.1M | Add +2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.08% | 6,548 | $3.0M | Reduce -1.4% |
| IJH iShares Core S&P Midcap ETF | 1.07% | 47,112 | $2.9M | Reduce -0.6% |
| SCHX Schwab US Large-Cap ETF | 0.89% | 104,723 | $2.4M | Reduce -1.4% |
| ECL Ecolab Inc. | 0.87% | 10,191 | $2.4M | Reduce -1.7% |
| PG The Procter & Gamble Co. | 0.83% | 13,509 | $2.3M | Reduce -0.2% |
| SCHD Schwab US DVD Equity ETF | 0.80% | 79,793 | $2.2M | Add +0.2% |
| AMT American Tower Corp. | 0.71% | 10,526 | $1.9M | Reduce -20.0% |
| IWB iShares Russell 1000 ETF | 0.69% | 5,892 | $1.9M | Reduce -1.9% |
| ADP Automatic Data Processing | 0.68% | 6,390 | $1.9M | Reduce -1.8% |
| LLY Eli Lilly & Co. | 0.67% | 2,371 | $1.8M | Reduce -0.6% |
| HD Home Depot Inc. | 0.67% | 4,690 | $1.8M | Add +0.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.67% | 20,536 | $1.8M | Add +0.1% |
| IWF iShares Russell 1000 Growth | 0.65% | 4,405 | $1.8M | Reduce -2.4% |
| AFL Aflac Inc. | 0.59% | 15,592 | $1.6M | Reduce -2.9% |
| MCD McDonald's Corp. | 0.59% | 5,523 | $1.6M | Reduce -1.5% |
| VIG Vanguard Dividend Apprec ETF | 0.54% | 7,559 | $1.5M | Reduce -0.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.54% | 5,099 | $1.5M | Reduce -0.0% |
| XLK SS Technology Select Sector | 0.50% | 5,903 | $1.4M | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.49% | 2,304 | $1.4M | Reduce -2.1% |
| RSP Invesco S&P 500 Equal Weight | 0.49% | 7,684 | $1.3M | Add +8.0% |
| AVGO Broadcom Inc. | 0.47% | 5,604 | $1.3M | Add +0.0% |
| ROP Roper Technologies Inc. | 0.47% | 2,450 | $1.3M | Add +0.2% |
| AMGN Amgen Inc. | 0.42% | 4,385 | $1.1M | Add +97.6% |
| IWM iShares Russell 2000 ETF | 0.42% | 5,144 | $1.1M | Add +0.2% |
| KO The Coca-Cola Co. | 0.41% | 18,149 | $1.1M | Reduce -8.1% |
| IWO iShares Russell 2000 Growth | 0.40% | 3,848 | $1.1M | Add +0.4% |
| IJR iShares Core S&P Small-Cap E | 0.40% | 9,520 | $1.1M | Reduce -2.4% |
| GOOG Alphabet Inc. Class C | 0.39% | 5,650 | $1.1M | Add +0.7% |
| FISV Fiserv Inc. | 0.39% | 5,193 | $1.1M | Reduce -1.9% |
| JNJ Johnson & Johnson | 0.39% | 7,317 | $1.1M | Reduce -4.7% |
| CVX Chevron Corp. | 0.34% | 6,400 | $927K | Reduce -4.0% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.32% | 29,027 | $862K | No change |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.31% | 35,438 | $839K | Reduce -0.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.29% | 4,696 | $795K | Add +0.8% |
| MRK Merck & Co. Inc. | 0.29% | 7,946 | $790K | Reduce -4.9% |
| IVV iShares Core S&P 500 ETF | 0.28% | 1,299 | $765K | Reduce -0.3% |
| SCHB Schwab US Broad Market ETF | 0.27% | 32,492 | $738K | Reduce -7.2% |
| CAT Caterpillar Inc. | 0.27% | 2,016 | $731K | Reduce -6.7% |
| SCHM Schwab US Mid Cap ETF | 0.27% | 26,237 | $727K | Add +0.2% |
| UNH Unitedhealth Group Inc. | 0.25% | 1,358 | $687K | Reduce -1.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.25% | 3,435 | $681K | Add +18.9% |
| META Meta Platforms Inc. Class A | 0.25% | 1,160 | $679K | Add +5.9% |
| SPGI S&P Global Inc. | 0.25% | 1,349 | $672K | No change |
| BX Blackstone Inc. | 0.24% | 3,791 | $654K | Reduce -0.7% |
| EPD Enterprise Products Partners | 0.23% | 20,018 | $628K | Add +1.6% |
| IEMG iShares Core MSCI Emerging | 0.22% | 11,776 | $615K | No change |
| HON Honeywell International Inc. | 0.22% | 2,686 | $607K | No change |
| EFA iShares MSCI Eafe ETF | 0.22% | 7,969 | $603K | Reduce -0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.22% | 1,468 | $602K | Reduce -1.6% |
| XOM Exxon Mobil Corp. | 0.21% | 5,460 | $587K | Add +10.6% |
| NFLX Netflix Inc. | 0.21% | 655 | $584K | No change |
| SPLV Invesco S&P 500 Low Volatili | 0.21% | 8,229 | $576K | Reduce -15.9% |
| IWN iShares Russell 2000 Value E | 0.21% | 3,477 | $571K | Add +0.5% |
| ORCL Oracle Corp. | 0.20% | 3,285 | $547K | Reduce -3.1% |
| SCHA Schwab US Small-Cap ETF | 0.19% | 20,483 | $530K | No change |
| BMY Bristol-Myers Squibb Co. | 0.18% | 8,844 | $500K | Add +23.7% |
| WMT Walmart Inc. | 0.18% | 5,438 | $491K | Reduce -55.1% |
| IWD iShares Russell 1000 Value E | 0.18% | 2,639 | $489K | Add +0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 10,973 | $482K | Add +0.2% |
| MA Mastercard Inc. Class A | 0.17% | 898 | $473K | No change |
| MAIN Main Street Capital Corp. | 0.17% | 7,717 | $452K | Add +1.4% |
| XLI SS Industrial Select Sector | 0.16% | 3,299 | $435K | Add +0.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.16% | 6,182 | $434K | Add +0.2% |
| ADBE Adobe Inc. | 0.16% | 970 | $431K | No change |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.15% | 9,770 | $407K | Add +0.1% |
| PEP Pepsico Inc. | 0.14% | 2,476 | $377K | Reduce -15.9% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.13% | 1,449 | $368K | Add +0.1% |
| GLW Corning Inc. | 0.13% | 7,733 | $367K | Add +23.1% |
| ADI Analog Devices Inc. | 0.13% | 1,710 | $363K | No change |
| VYM Vanguard High DVD Yield ETF | 0.13% | 2,828 | $361K | Add +0.5% |
| SPHB Invesco S&P 500 High Beta Et | 0.13% | 4,032 | $357K | Add +0.0% |
Portfolio Sells Q3 2024 → Q4 2024
| STZ Constellation Brands Inc. Class A | Reduce -78.6% | 0.13% | −0.57 |
| AMT American Tower Corp. | Reduce -20.0% | 0.71% | −0.43 |
| AAPL Apple Inc. | Reduce -13.0% | 3.36% | −0.29 |
| WYNN WYNN Resorts Ltd. | Reduce -3.2% | 1.29% | −0.22 |
| WMT Walmart Inc. | Reduce -55.1% | 0.18% | −0.18 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.13 |
| LLY Eli Lilly & Co. | Reduce -0.6% | 0.67% | −0.12 |
| KO The Coca-Cola Co. | Reduce -8.1% | 0.41% | −0.11 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Reduce -6.3% | 1.22% | −0.11 |
| ECL Ecolab Inc. | Reduce -1.7% | 0.87% | −0.11 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.10 |
| UFPT Ufp Technologies Inc. | Sold out | 0.00% | −0.09 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.09 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.09 |
| ACGL Arch Capital Group Ltd. | Sold out | 0.00% | −0.09 |
| WAB Wabtec Corp. | Reduce -5.1% | 3.06% | −0.08 |
| LHX L3HARRIS Technologies Inc. | Sold out | 0.00% | −0.08 |
| AFL Aflac Inc. | Reduce -2.9% | 0.59% | −0.08 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.08 |
| JNJ Johnson & Johnson | Reduce -4.7% | 0.39% | −0.08 |
| IHF iShares U.S. Healthcare Prov | Sold out | 0.00% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -4.9% | 0.29% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.4% | 1.08% | −0.05 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -15.9% | 0.21% | −0.05 |
| MCD McDonald's Corp. | Reduce -1.5% | 0.59% | −0.05 |
| PEP Pepsico Inc. | Reduce -15.9% | 0.14% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -1.1% | 0.25% | −0.05 |
| CAT Caterpillar Inc. | Reduce -6.7% | 0.27% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -0.2% | 0.83% | −0.04 |
| AMD Advanced Micro Devices | Reduce -7.3% | 0.09% | −0.04 |
| MAR Marriott International Class A | Reduce -10.8% | 2.39% | −0.04 |
| COP Conocophillips | Reduce -15.1% | 0.13% | −0.03 |
| TGT Target Corp. | Reduce -9.2% | 0.11% | −0.03 |
| EFA iShares MSCI Eafe ETF | Reduce -0.9% | 0.22% | −0.03 |
| BALL Ball Corp. | Reduce -3.6% | 0.09% | −0.03 |
| CVX Chevron Corp. | Reduce -4.0% | 0.34% | −0.03 |
| XLV SS Health Care Select Sector | Reduce -12.5% | 0.08% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.6% | 1.07% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -2.4% | 0.40% | −0.02 |
| SCHB Schwab US Broad Market ETF | Reduce -7.2% | 0.27% | −0.02 |
| ABBV Abbvie Inc. | Reduce -6.4% | 0.09% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.5% | 0.54% | −0.02 |
| PM Philip Morris International | Reduce -8.9% | 0.12% | −0.01 |
| ORCL Oracle Corp. | Reduce -3.1% | 0.20% | −0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -0.9% | 0.31% | −0.01 |
| BND Vanguard Total Bond Market | Reduce -10.3% | 0.04% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.1% | 0.49% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -1.9% | 0.69% | −0.01 |
| DE Deere & Co. | Reduce -7.6% | 0.08% | −0.01 |
| LRGE Clearbridge Large Cap Growth | Reduce -7.7% | 0.10% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +6.8% | 4.96% | +0.96 |
| OWL Blue Owl Capital Inc. | Add +16.5% | 2.25% | +0.62 |
| SLB SLB Ltd. | Add +83.5% | 1.26% | +0.50 |
| DV Doubleverify Holdings Inc. | Add +51.3% | 1.16% | +0.48 |
| JPM JPMorgan Chase & Co. | Add +1.7% | 3.82% | +0.46 |
| V Visa Inc. Class A | Add +0.2% | 3.82% | +0.45 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +38.7% | 1.14% | +0.34 |
| GOOGL Alphabet Inc. Class A | Add +1.2% | 1.83% | +0.22 |
| PYPL PayPal Holdings Inc. | Add +7.6% | 1.29% | +0.18 |
| PH Parker Hannifin Corp. | Add +14.5% | 1.42% | +0.17 |
| AMGN Amgen Inc. | Add +97.6% | 0.42% | +0.15 |
| AVGO Broadcom Inc. | Add +0.0% | 0.47% | +0.12 |
| CGGR Cap Group Growth Equity | Add +0.8% | 1.77% | +0.10 |
| TSLA Tesla Inc. | New | 0.08% | +0.08 |
| NTRA Natera Inc. | New | 0.07% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | New | 0.07% | +0.07 |
| BMY Bristol-Myers Squibb Co. | Add +23.7% | 0.18% | +0.05 |
| GOOG Alphabet Inc. Class C | Add +0.7% | 0.39% | +0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +18.9% | 0.25% | +0.03 |
| GLW Corning Inc. | Add +23.1% | 0.13% | +0.03 |
| MAIN Main Street Capital Corp. | Add +1.4% | 0.17% | +0.02 |
| RSP Invesco S&P 500 Equal Weight | Add +8.0% | 0.49% | +0.02 |
| EPD Enterprise Products Partners | Add +1.6% | 0.23% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +0.5% | 1.57% | +0.02 |
| META Meta Platforms Inc. Class A | Add +5.9% | 0.25% | +0.02 |
| BAC Bank of America Corp. | Add +0.2% | 0.18% | +0.01 |
| IWR iShares Russell Mid-Cap ETF | Add +10.4% | 0.11% | +0.01 |
| BIV Vanguard Intermediate-Term B | Add +37.0% | 0.03% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +15.2% | 0.05% | +0.01 |
| ACN Accenture PLC Class A | Add +2.4% | 1.14% | +0.00 |
| IWY iShares Russell Top 200 Grow | Add +0.1% | 0.08% | +0.00 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +0.1% | 0.13% | +0.00 |
| XLY SS Consumer Disc Select Sect | Add +0.2% | 0.03% | +0.00 |
| IBM Intl Business Machines Corp. | Add +4.3% | 0.12% | +0.00 |
| OEF iShares S&P 100 ETF | New | 0.00% | +0.00 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +77.1% | 0.00% | +0.00 |
| BBLU Ea Bridgeway Blue Chip ETF | Add +1.4% | 0.05% | +0.00 |
| BSV Vanguard Short-Term Bond ETF | Add +19.0% | 0.01% | +0.00 |
| RPG Invesco S&P 500 Pure Growth | Add +0.1% | 0.02% | +0.00 |
| IWO iShares Russell 2000 Growth | Add +0.4% | 0.40% | +0.00 |
| NZUS SS SPDR MSCI U Class P Al ETF | Add +4.8% | 0.05% | +0.00 |
| XOM Exxon Mobil Corp. | Add +10.6% | 0.21% | −0.00 |
| PBW Invesco Wilderhill Clean Ene | Add +0.8% | 0.03% | −0.00 |
| XLP SS Consumer Staples Sel Sect | Add +0.8% | 0.00% | −0.00 |
| AGGY Wisdomtree Yield Enhanced US | Add +1.2% | 0.01% | −0.00 |
| DIA SS SPDR Dow Jones Indus Avg | Add +0.4% | 0.12% | −0.00 |
| XLE SS Energy Select Sector | Add +0.3% | 0.02% | −0.00 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +1.3% | 0.02% | −0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Add +1.1% | 0.02% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.3% | 0.11% | −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 |