Townsend Asset Management Corp. /NC/
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 16, 2025), Townsend Asset Management Corp. /NC/ reported 177 stock positions worth $276.1 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 7.3% of the portfolio, followed by Wisdomtree U.S. Quality Divi (DGRW, 5.8%) and Amazon.com (AMZN, 5.4%). Compared with Q1 2025, it opened 13 new positions, sold out of 10, added to 45 and reduced 74. The biggest buy was Amazon.com (AMZN, shares +5%) and the biggest sale Apple (AAPL, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- RALEIGH, NC
- CIK
- 0000709089
- Portfolio Value
- $276.1M (Q2 2025)
- SEC Filing
- 0001398344-25-013210 ↗ filed Jul 16, 2025
Holdings Value
Holdings 177 stocks · $276.1M
| QQQ Invesco QQQ Trust Series 1 | 7.26% | 36,334 | $20.0M | Reduce -1.4% |
| DGRW Wisdomtree U.S. Quality Divi | 5.80% | 191,395 | $16.0M | Reduce -1.8% |
| AMZN Amazon.com Inc. | 5.45% | 68,548 | $15.0M | Add +4.9% |
| QCOM Qualcomm Inc. | 5.02% | 86,947 | $13.8M | Add +11.7% |
| JPM JPMorgan Chase & Co. | 4.54% | 43,214 | $12.5M | Reduce -3.2% |
| V Visa Inc. Class A | 4.32% | 33,608 | $11.9M | Reduce -1.1% |
| MSFT Microsoft Corp. | 3.61% | 20,061 | $10.0M | Reduce -1.2% |
| WAB Wabtec Corp. | 3.45% | 45,458 | $9.5M | Reduce -1.4% |
| COST Costco Wholesale Corp. | 2.71% | 7,559 | $7.5M | Reduce -0.8% |
| AAPL Apple Inc. | 2.34% | 31,512 | $6.5M | Reduce -11.0% |
| MAR Marriott International Class A | 2.25% | 22,734 | $6.2M | Reduce -3.1% |
| OWL Blue Owl Capital Inc. | 2.04% | 293,258 | $5.6M | Add +1.9% |
| DHR Danaher Corp. | 1.98% | 27,619 | $5.5M | Add +20.5% |
| CGGR Cap Group Growth Equity | 1.93% | 131,052 | $5.3M | Reduce -1.4% |
| PH Parker Hannifin Corp. | 1.73% | 6,844 | $4.8M | Add +8.2% |
| GOOGL Alphabet Inc. Class A | 1.69% | 26,543 | $4.7M | Reduce -4.1% |
| DVY iShares Select Dividend ETF | 1.54% | 32,115 | $4.3M | Add +2.9% |
| PYPL PayPal Holdings Inc. | 1.54% | 57,247 | $4.3M | Add +9.9% |
| VOO Vanguard S&P 500 ETF | 1.51% | 7,339 | $4.2M | Add +0.5% |
| ZTS Zoetis Inc. | 1.50% | 26,510 | $4.1M | Add +7.8% |
| NVDA Nvidia Corp. | 1.44% | 25,194 | $4.0M | Add +1.6% |
| WYNN WYNN Resorts Ltd. | 1.44% | 42,361 | $4.0M | Reduce -4.9% |
| DUK Duke Energy Corp. | 1.39% | 32,496 | $3.8M | Reduce -2.3% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.32% | 108,079 | $3.7M | Add +5.2% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 1.13% | 130,051 | $3.1M | Reduce -0.3% |
| IJH iShares Core S&P Midcap ETF | 1.06% | 47,298 | $2.9M | Reduce -1.5% |
| SCHG Schwab US Large-Cap Growth | 1.05% | 99,516 | $2.9M | Reduce -6.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.04% | 5,927 | $2.9M | Reduce -4.7% |
| ACN Accenture PLC Class A | 1.02% | 9,465 | $2.8M | Reduce -2.5% |
| ECL Ecolab Inc. | 0.96% | 9,821 | $2.6M | Reduce -3.2% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.87% | 8,694 | $2.4M | Reduce -42.2% |
| AMT American Tower Corp. | 0.77% | 9,633 | $2.1M | Reduce -7.8% |
| PG The Procter & Gamble Co. | 0.75% | 13,003 | $2.1M | Reduce -3.4% |
| IWB iShares Russell 1000 ETF | 0.69% | 5,648 | $1.9M | Reduce -4.3% |
| ADP Automatic Data Processing | 0.67% | 5,978 | $1.8M | Reduce -2.7% |
| LLY Eli Lilly & Co. | 0.64% | 2,266 | $1.8M | Reduce -0.7% |
| USMV iShares MSCI USA Min Vol Fac | 0.62% | 18,320 | $1.7M | Reduce -8.4% |
| SCHD Schwab US DVD Equity ETF | 0.61% | 63,177 | $1.7M | Reduce -13.7% |
| SCHX Schwab US Large-Cap ETF | 0.60% | 67,989 | $1.7M | Reduce -3.4% |
| AFL Aflac Inc. | 0.58% | 15,313 | $1.6M | Reduce -1.2% |
| IWF iShares Russell 1000 Growth | 0.58% | 3,768 | $1.6M | Reduce -7.8% |
| HD Home Depot Inc. | 0.57% | 4,289 | $1.6M | Reduce -8.0% |
| MCD McDonald's Corp. | 0.57% | 5,352 | $1.6M | Reduce -3.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.55% | 2,452 | $1.5M | Add +3.5% |
| AVGO Broadcom Inc. | 0.53% | 5,356 | $1.5M | Reduce -2.3% |
| ROP Roper Technologies Inc. | 0.52% | 2,554 | $1.4M | Add +0.8% |
| VIG Vanguard Dividend Apprec ETF | 0.51% | 6,909 | $1.4M | Add +0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.51% | 4,616 | $1.4M | Reduce -3.1% |
| AMGN Amgen Inc. | 0.47% | 4,603 | $1.3M | Reduce -4.8% |
| KO The Coca-Cola Co. | 0.42% | 16,392 | $1.2M | Reduce -2.2% |
| IWO iShares Russell 2000 Growth | 0.38% | 3,675 | $1.1M | Reduce -4.6% |
| JNJ Johnson & Johnson | 0.38% | 6,877 | $1.1M | Reduce -4.8% |
| IJR iShares Core S&P Small-Cap E | 0.35% | 8,940 | $977K | Reduce -6.7% |
| NFLX Netflix Inc. | 0.35% | 720 | $964K | Add +9.3% |
| META Meta Platforms Inc. Class A | 0.35% | 1,301 | $960K | Add +6.8% |
| CVX Chevron Corp. | 0.33% | 6,389 | $915K | Add +1.5% |
| GOOG Alphabet Inc. Class C | 0.33% | 5,150 | $914K | Reduce -8.8% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.33% | 36,611 | $898K | Add +1.2% |
| IWM iShares Russell 2000 ETF | 0.31% | 4,023 | $868K | Reduce -7.7% |
| RSP Invesco S&P 500 Equal Weight | 0.31% | 4,775 | $868K | Reduce -26.7% |
| FISV Fiserv Inc. | 0.31% | 5,004 | $863K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.29% | 4,574 | $808K | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.29% | 27,578 | $790K | Reduce -5.8% |
| CHRW C.H. Robinson Worldwide Inc. | 0.28% | 8,127 | $780K | New |
| SCHM Schwab US Mid Cap ETF | 0.27% | 26,282 | $737K | Add +0.0% |
| SCHB Schwab US Broad Market ETF | 0.26% | 29,754 | $709K | Reduce -8.6% |
| EFA iShares MSCI Eafe ETF | 0.26% | 7,914 | $707K | Add +2.1% |
| IEMG iShares Core MSCI Emerging | 0.26% | 11,776 | $707K | No change |
| SPGI S&P Global Inc. | 0.26% | 1,337 | $705K | No change |
| RACE Ferrari NV | 0.25% | 1,407 | $690K | New |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.25% | 3,480 | $679K | Reduce -7.7% |
| IVV iShares Core S&P 500 ETF | 0.24% | 1,065 | $661K | Add +0.1% |
| CAT Caterpillar Inc. | 0.24% | 1,683 | $653K | Reduce -16.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.23% | 1,448 | $635K | Reduce -1.4% |
| HON Honeywell International Inc. | 0.22% | 2,651 | $617K | Reduce -1.3% |
| SPLV Invesco S&P 500 Low Volatili | 0.22% | 8,277 | $603K | Add +0.3% |
| BX Blackstone Inc. | 0.20% | 3,772 | $564K | Add +0.1% |
| XLK SS Technology Select Sector | 0.20% | 2,215 | $561K | Reduce -24.2% |
| IWN iShares Russell 2000 Value E | 0.20% | 3,504 | $553K | Add +0.5% |
| MA Mastercard Inc. Class A | 0.20% | 974 | $547K | Add +8.5% |
| ORCL Oracle Corp. | 0.19% | 2,360 | $516K | Reduce -28.2% |
| IWD iShares Russell 1000 Value E | 0.19% | 2,653 | $515K | Add +0.3% |
| MRK Merck & Co. Inc. | 0.18% | 6,410 | $507K | Reduce -6.2% |
| SCHA Schwab US Small-Cap ETF | 0.18% | 20,057 | $507K | Reduce -1.4% |
| WMT Walmart Inc. | 0.18% | 5,093 | $498K | Add +1.1% |
| XOM Exxon Mobil Corp. | 0.18% | 4,613 | $497K | Reduce -3.3% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.18% | 1,738 | $494K | Add +32.9% |
| PM Philip Morris International | 0.18% | 2,705 | $493K | Reduce -0.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.17% | 5,519 | $461K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.16% | 9,593 | $454K | Reduce -2.3% |
| ADI Analog Devices Inc. | 0.15% | 1,710 | $407K | Reduce -0.9% |
| GLW Corning Inc. | 0.15% | 7,733 | $407K | Reduce -0.4% |
| SPHB Invesco S&P 500 High Beta Et | 0.14% | 4,032 | $393K | No change |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.14% | 9,482 | $386K | Reduce -1.7% |
| IWR iShares Russell Mid-Cap ETF | 0.12% | 3,614 | $332K | Add +3.9% |
| NRG NRG Energy Inc. | 0.12% | 1,990 | $320K | New |
| AEP American Electric Power | 0.11% | 2,990 | $310K | Add +0.3% |
| PSX Phillips 66 | 0.11% | 2,463 | $294K | Reduce -9.8% |
| ESGV Vanguard ESG US Stock ETF | 0.10% | 2,483 | $272K | No change |
| LRGE Clearbridge Large Cap Growth | 0.10% | 3,410 | $270K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -11.0% | 2.34% | −0.69 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -42.2% | 0.87% | −0.59 |
| V Visa Inc. Class A | Reduce -1.1% | 4.32% | −0.27 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.7% | 1.04% | −0.23 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -1.8% | 5.80% | −0.20 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.19 |
| SCHD Schwab US DVD Equity ETF | Reduce -13.7% | 0.61% | −0.18 |
| DUK Duke Energy Corp. | Reduce -2.3% | 1.39% | −0.17 |
| ACN Accenture PLC Class A | Reduce -2.5% | 1.02% | −0.14 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.14 |
| EPD Enterprise Products Partners | Reduce -55.5% | 0.09% | −0.14 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.14 |
| PG The Procter & Gamble Co. | Reduce -3.4% | 0.75% | −0.13 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.13 |
| RSP Invesco S&P 500 Equal Weight | Reduce -26.7% | 0.31% | −0.12 |
| AMGN Amgen Inc. | Reduce -4.8% | 0.47% | −0.12 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.11 |
| AMT American Tower Corp. | Reduce -7.8% | 0.77% | −0.11 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -8.4% | 0.62% | −0.10 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.10 |
| MCD McDonald's Corp. | Reduce -3.0% | 0.57% | −0.10 |
| HD Home Depot Inc. | Reduce -8.0% | 0.57% | −0.09 |
| LLY Eli Lilly & Co. | Reduce -0.7% | 0.64% | −0.09 |
| JNJ Johnson & Johnson | Reduce -4.8% | 0.38% | −0.08 |
| TGT Target Corp. | Sold out | 0.00% | −0.08 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.08 |
| AFL Aflac Inc. | Reduce -1.2% | 0.58% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -0.8% | 2.71% | −0.07 |
| ADP Automatic Data Processing | Reduce -2.7% | 0.67% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -6.2% | 0.18% | −0.05 |
| PEP Pepsico Inc. | Reduce -16.4% | 0.10% | −0.04 |
| KO The Coca-Cola Co. | Reduce -2.2% | 0.42% | −0.04 |
| COP Conocophillips | Reduce -13.4% | 0.09% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -3.3% | 0.18% | −0.04 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -97.6% | 0.00% | −0.03 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -96.6% | 0.00% | −0.03 |
| ECL Ecolab Inc. | Reduce -3.2% | 0.96% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -6.7% | 0.35% | −0.03 |
| XLY SS Consumer Disc Select Sect | Reduce -99.5% | 0.00% | −0.03 |
| XLK SS Technology Select Sector | Reduce -24.2% | 0.20% | −0.03 |
| XLV SS Health Care Select Sector | Reduce -77.4% | 0.01% | −0.03 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Reduce -0.3% | 1.13% | −0.03 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -7.7% | 0.25% | −0.03 |
| PSX Phillips 66 | Reduce -9.8% | 0.11% | −0.02 |
| FNDA Schwab Fndmntl US SM Co. ETF | Reduce -5.8% | 0.29% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -7.7% | 0.31% | −0.02 |
| CAT Caterpillar Inc. | Reduce -16.5% | 0.24% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.5% | 1.06% | −0.02 |
| ABT Abbott Laboratories | Reduce -15.1% | 0.08% | −0.02 |
| SCHB Schwab US Broad Market ETF | Reduce -8.6% | 0.26% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| AMZN Amazon.com Inc. | Add +4.9% | 5.45% | +0.65 |
| NVDA Nvidia Corp. | Add +1.6% | 1.44% | +0.41 |
| QCOM Qualcomm Inc. | Add +11.7% | 5.02% | +0.41 |
| CHRW C.H. Robinson Worldwide Inc. | New | 0.28% | +0.28 |
| RACE Ferrari NV | New | 0.25% | +0.25 |
| PH Parker Hannifin Corp. | Add +8.2% | 1.73% | +0.25 |
| PYPL PayPal Holdings Inc. | Add +9.9% | 1.54% | +0.23 |
| DHR Danaher Corp. | Add +20.5% | 1.98% | +0.17 |
| NRG NRG Energy Inc. | New | 0.12% | +0.12 |
| NFLX Netflix Inc. | Add +9.3% | 0.35% | +0.11 |
| MU Micron Technology Inc. | New | 0.10% | +0.10 |
| AMD Advanced Micro Devices | New | 0.10% | +0.10 |
| XVV iShares ESG Select Screened | New | 0.08% | +0.08 |
| NTRA Natera Inc. | New | 0.08% | +0.08 |
| LHX L3HARRIS Technologies Inc. | New | 0.08% | +0.08 |
| IWY iShares Russell Top 200 Grow | New | 0.08% | +0.08 |
| ETN Eaton Corp. PLC | New | 0.08% | +0.08 |
| META Meta Platforms Inc. Class A | Add +6.8% | 0.35% | +0.08 |
| SYK Stryker Corp. | New | 0.08% | +0.08 |
| TSLA Tesla Inc. | New | 0.07% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +0.5% | 1.51% | +0.06 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +32.9% | 0.18% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.5% | 0.55% | +0.04 |
| EFA iShares MSCI Eafe ETF | Add +2.1% | 0.26% | +0.01 |
| WMT Walmart Inc. | Add +1.1% | 0.18% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +0.1% | 0.24% | +0.01 |
| MA Mastercard Inc. Class A | Add +8.5% | 0.20% | +0.01 |
| IWR iShares Russell Mid-Cap ETF | Add +3.9% | 0.12% | +0.01 |
| ILTB iShares Core 10+ Year Usd Bo | New | 0.00% | +0.00 |
| RPG Invesco S&P 500 Pure Growth | Add +0.1% | 0.02% | +0.00 |
| NZUS SS SPDR MSCI U Class P Al ETF | Add +0.3% | 0.05% | +0.00 |
| XLI SS Industrial Select Sector | Add +0.3% | 0.04% | +0.00 |
| SCHM Schwab US Mid Cap ETF | Add +0.0% | 0.27% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +2.8% | 0.05% | +0.00 |
| BX Blackstone Inc. | Add +0.1% | 0.20% | +0.00 |
| ERTH Invesco MSCI Sustainable Fut | Add +0.5% | 0.02% | +0.00 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +0.5% | 0.02% | +0.00 |
| PHO Invesco Water Resources ETF | Add +0.2% | 0.03% | +0.00 |
| EFAV iShares MSCI Eafe Min Vol Fa | Add +0.8% | 0.01% | +0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Add +7.3% | 0.02% | +0.00 |
| AGGY Wisdomtree Yield Enhanced US | Add +1.0% | 0.00% | −0.00 |
| IWS iShares Russell Mid-Cap Valu | Add +0.3% | 0.06% | −0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +0.7% | 0.02% | −0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +0.3% | 0.05% | −0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +0.0% | 0.08% | −0.00 |
| XLE SS Energy Select Sector | Add +0.2% | 0.01% | −0.00 |
| IWN iShares Russell 2000 Value E | Add +0.5% | 0.20% | −0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +1.2% | 0.33% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +0.1% | 0.51% | −0.00 |
| IWD iShares Russell 1000 Value E | Add +0.3% | 0.19% | −0.01 |
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 |