Townsend Asset Management Corp. /NC/
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Townsend Asset Management Corp. /NC/ reported 176 stock positions worth $283.9 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 6.3% of the portfolio, followed by Wisdomtree U.S. Quality Divi (DGRW, 6.1%) and Amazon.com (AMZN, 5.6%). Compared with Q3 2025, it opened 14 new positions, sold out of 7, added to 50 and reduced 68. The biggest buy was Parker Hannifin (PH, shares +3%) and the biggest sale an exit from American Tower (AMT).
- Most Recent 13F
- Q2 2026
- Location
- RALEIGH, NC
- CIK
- 0000709089
- Portfolio Value
- $283.9M (Q4 2025)
- SEC Filing
- 0001398344-26-000978 ↗ filed Jan 21, 2026
Holdings Value
Holdings 176 stocks · $283.9M
| QQQ Invesco QQQ Trust Series 1 | 6.33% | 29,228 | $18.0M | Reduce -3.2% |
| DGRW Wisdomtree U.S. Quality Divi | 6.06% | 192,241 | $17.2M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 5.58% | 68,581 | $15.8M | Reduce -1.8% |
| QCOM Qualcomm Inc. | 5.50% | 91,209 | $15.6M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 4.76% | 41,960 | $13.5M | Reduce -1.3% |
| V Visa Inc. Class A | 4.11% | 33,229 | $11.7M | Reduce -1.3% |
| WAB Wabtec Corp. | 3.36% | 44,647 | $9.5M | Reduce -0.1% |
| MSFT Microsoft Corp. | 3.35% | 19,656 | $9.5M | Reduce -0.4% |
| GOOGL Alphabet Inc. Class A | 2.86% | 25,941 | $8.1M | Reduce -0.4% |
| AAPL Apple Inc. | 2.67% | 27,855 | $7.6M | Reduce -9.3% |
| DHR Danaher Corp. | 2.55% | 31,568 | $7.2M | Add +1.1% |
| COST Costco Wholesale Corp. | 2.39% | 7,869 | $6.8M | Add +3.4% |
| MAR Marriott International Class A | 2.31% | 21,119 | $6.6M | Reduce -3.2% |
| PH Parker Hannifin Corp. | 2.29% | 7,403 | $6.5M | Add +2.7% |
| CGGR Cap Group Growth Equity | 1.82% | 115,916 | $5.2M | Reduce -3.3% |
| OWL Blue Owl Capital Inc. | 1.72% | 326,347 | $4.9M | Add +4.2% |
| WYNN WYNN Resorts Ltd. | 1.58% | 37,258 | $4.5M | Reduce -6.4% |
| VOO Vanguard S&P 500 ETF | 1.57% | 7,111 | $4.5M | Reduce -0.8% |
| SLB SLB Ltd. filed as SLB LIMITED | 1.50% | 111,193 | $4.3M | Add +3.5% |
| NVDA Nvidia Corp. | 1.47% | 22,301 | $4.2M | Reduce -8.6% |
| DVY iShares Select Dividend ETF | 1.44% | 28,916 | $4.1M | Reduce -3.1% |
| DUK Duke Energy Corp. | 1.41% | 34,191 | $4.0M | Add +4.6% |
| PYPL PayPal Holdings Inc. | 1.14% | 55,603 | $3.2M | Reduce -8.9% |
| ZTS Zoetis Inc. | 1.05% | 23,643 | $3.0M | Reduce -9.6% |
| IJH iShares Core S&P Midcap ETF | 1.03% | 44,200 | $2.9M | Reduce -5.3% |
| ACN Accenture PLC Class A | 0.90% | 9,563 | $2.6M | Reduce -2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.86% | 4,867 | $2.4M | Reduce -3.0% |
| ECL Ecolab Inc. | 0.85% | 9,146 | $2.4M | Reduce -2.7% |
| LLY Eli Lilly & Co. | 0.82% | 2,171 | $2.3M | Add +0.3% |
| COIN Coinbase Global Inc. Class A | 0.81% | 10,159 | $2.3M | Add +50.2% |
| SCHG Schwab US Large-Cap Growth | 0.79% | 68,494 | $2.2M | Reduce -9.5% |
| IWB iShares Russell 1000 ETF | 0.71% | 5,364 | $2.0M | Reduce -0.3% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.67% | 6,332 | $1.9M | Reduce -3.2% |
| AVGO Broadcom Inc. | 0.64% | 5,260 | $1.8M | Reduce -0.9% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 0.64% | 68,506 | $1.8M | Add +0.1% |
| AFL Aflac Inc. | 0.59% | 15,175 | $1.7M | Reduce -0.9% |
| USMV iShares MSCI USA Min Vol Fac | 0.59% | 17,713 | $1.7M | Reduce -1.0% |
| SCHX Schwab US Large-Cap ETF | 0.58% | 60,747 | $1.6M | Reduce -3.2% |
| GOOG Alphabet Inc. Class C | 0.57% | 5,150 | $1.6M | No change |
| IWF iShares Russell 1000 Growth | 0.55% | 3,313 | $1.6M | Reduce -1.4% |
| SCHD Schwab US DVD Equity ETF | 0.55% | 57,005 | $1.6M | Reduce -6.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.54% | 2,263 | $1.5M | Reduce -3.3% |
| MCD McDonald's Corp. | 0.54% | 5,046 | $1.5M | Reduce -1.0% |
| CHRW C.H. Robinson Worldwide Inc. | 0.54% | 9,563 | $1.5M | Add +0.0% |
| VIG Vanguard Dividend Apprec ETF | 0.54% | 6,952 | $1.5M | Add +0.4% |
| AMGN Amgen Inc. | 0.52% | 4,530 | $1.5M | Reduce -0.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.49% | 4,150 | $1.4M | Add +0.2% |
| HD Home Depot Inc. | 0.49% | 4,042 | $1.4M | Reduce -4.1% |
| ADP Automatic Data Processing | 0.48% | 5,349 | $1.4M | Reduce -9.0% |
| PG The Procter & Gamble Co. | 0.47% | 9,284 | $1.3M | Reduce -28.6% |
| JNJ Johnson & Johnson | 0.46% | 6,307 | $1.3M | Reduce -8.4% |
| IWO iShares Russell 2000 Growth | 0.38% | 3,372 | $1.1M | Reduce -0.6% |
| KO The Coca-Cola Co. | 0.38% | 15,237 | $1.1M | Reduce -5.3% |
| IJR iShares Core S&P Small-Cap E | 0.37% | 8,848 | $1.1M | Add +0.1% |
| ROP Roper Technologies Inc. | 0.35% | 2,260 | $1.0M | Reduce -6.0% |
| CVX Chevron Corp. | 0.34% | 6,356 | $969K | Add +2.0% |
| GPIX GLDM SA S&P 500 PR in ETF-US | 0.33% | 18,000 | $950K | New |
| META Meta Platforms Inc. Class A | 0.33% | 1,422 | $939K | Add +2.8% |
| IWM iShares Russell 2000 ETF | 0.33% | 3,780 | $930K | Add +0.1% |
| XOM Exxon Mobil Corp. | 0.33% | 7,718 | $929K | Add +73.3% |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | 0.32% | 17,311 | $915K | New |
| RSP Invesco S&P 500 Equal Weight | 0.31% | 4,623 | $886K | Reduce -2.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.31% | 4,578 | $874K | Reduce -0.2% |
| SCHB Schwab US Broad Market ETF | 0.29% | 31,866 | $836K | Add +6.3% |
| SCHM Schwab US Mid Cap ETF | 0.28% | 26,431 | $795K | Add +0.5% |
| IEMG iShares Core MSCI Emerging | 0.28% | 11,776 | $792K | No change |
| EFA iShares MSCI Eafe ETF | 0.26% | 7,787 | $748K | Reduce -0.2% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.26% | 23,541 | $742K | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 0.25% | 1,054 | $722K | Add +1.0% |
| CAT Caterpillar Inc. | 0.25% | 1,250 | $716K | No change |
| NFLX Netflix Inc. | 0.24% | 7,260 | $681K | Add +6.5% |
| GLW Corning Inc. | 0.24% | 7,733 | $677K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.24% | 2,277 | $674K | Add +0.1% |
| IWN iShares Russell 2000 Value E | 0.22% | 3,485 | $632K | Add +0.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.22% | 1,267 | $618K | Reduce -8.3% |
| MRK Merck & Co. Inc. | 0.21% | 5,712 | $601K | Reduce -2.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.21% | 2,800 | $593K | Reduce -0.0% |
| SPGI S&P Global Inc. | 0.21% | 1,127 | $589K | Add +0.4% |
| SPLV Invesco S&P 500 Low Volatili | 0.20% | 7,965 | $569K | Reduce -1.1% |
| SCHA Schwab US Small-Cap ETF | 0.20% | 19,590 | $558K | Add +0.0% |
| IWD iShares Russell 1000 Value E | 0.19% | 2,612 | $549K | Reduce -1.8% |
| XLK SS Technology Select Sector | 0.19% | 3,782 | $544K | Reduce -3.1% |
| CMG Chipotle Mexican Grill Inc. | 0.18% | 14,185 | $525K | Add +48.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.17% | 5,551 | $497K | Reduce -0.6% |
| ORCL Oracle Corp. | 0.17% | 2,486 | $484K | Add +11.5% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.17% | 1,731 | $483K | Reduce -0.5% |
| WMT Walmart Inc. | 0.17% | 4,303 | $479K | Add +0.3% |
| HON Honeywell International Inc. | 0.17% | 2,451 | $478K | Reduce -7.5% |
| SPHB Invesco S&P 500 High Beta Et | 0.17% | 4,033 | $472K | No change |
| ADI Analog Devices Inc. | 0.16% | 1,710 | $464K | No change |
| BX Blackstone Inc. | 0.16% | 2,870 | $442K | Reduce -10.8% |
| PM Philip Morris International | 0.15% | 2,662 | $427K | Add +2.4% |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.14% | 8,618 | $395K | Reduce -9.2% |
| MA Mastercard Inc. Class A | 0.14% | 680 | $388K | Add +1.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 6,726 | $370K | Add +0.1% |
| IWR iShares Russell Mid-Cap ETF | 0.12% | 3,617 | $348K | Add +0.1% |
| AMD Advanced Micro Devices | 0.12% | 1,564 | $335K | No change |
| MU Micron Technology Inc. | 0.12% | 1,150 | $328K | New |
| NRG NRG Energy Inc. | 0.11% | 1,975 | $314K | No change |
| ISRG Intuitive Surgical Inc. | 0.10% | 504 | $285K | New |
Portfolio Sells Q3 2025 → Q4 2025
| AMT American Tower Corp. | Sold out | 0.00% | −0.59 |
| ZTS Zoetis Inc. | Reduce -9.6% | 1.05% | −0.31 |
| PYPL PayPal Holdings Inc. | Reduce -8.9% | 1.14% | −0.31 |
| MSFT Microsoft Corp. | Reduce -0.4% | 3.35% | −0.29 |
| PG The Procter & Gamble Co. | Reduce -28.6% | 0.47% | −0.24 |
| WYNN WYNN Resorts Ltd. | Reduce -6.4% | 1.58% | −0.24 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.21 |
| RACE Ferrari NV | Sold out | 0.00% | −0.18 |
| NVDA Nvidia Corp. | Reduce -8.6% | 1.47% | −0.15 |
| ADP Automatic Data Processing | Reduce -9.0% | 0.48% | −0.13 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.2% | 6.33% | −0.12 |
| HD Home Depot Inc. | Reduce -4.1% | 0.49% | −0.12 |
| AAPL Apple Inc. | Reduce -9.3% | 2.67% | −0.11 |
| COP Conocophillips | Sold out | 0.00% | −0.09 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.08 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.07 |
| ROP Roper Technologies Inc. | Reduce -6.0% | 0.35% | −0.07 |
| SCHG Schwab US Large-Cap Growth | Reduce -9.5% | 0.79% | −0.07 |
| DVY iShares Select Dividend ETF | Reduce -3.1% | 1.44% | −0.07 |
| ECL Ecolab Inc. | Reduce -2.7% | 0.85% | −0.07 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -0.7% | 6.06% | −0.07 |
| CGGR Cap Group Growth Equity | Reduce -3.3% | 1.82% | −0.06 |
| IJH iShares Core S&P Midcap ETF | Reduce -5.3% | 1.03% | −0.06 |
| BX Blackstone Inc. | Reduce -10.8% | 0.16% | −0.04 |
| SCHD Schwab US DVD Equity ETF | Reduce -6.1% | 0.55% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.0% | 0.86% | −0.04 |
| HON Honeywell International Inc. | Reduce -7.5% | 0.17% | −0.03 |
| PSX Phillips 66 | Reduce -16.9% | 0.09% | −0.02 |
| AFL Aflac Inc. | Reduce -0.9% | 0.59% | −0.02 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -3.2% | 0.67% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -8.3% | 0.22% | −0.02 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.0% | 0.59% | −0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -31.4% | 0.03% | −0.02 |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | Reduce -9.2% | 0.14% | −0.01 |
| PGX Invesco Preferred ETF | Sold out | 0.00% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -3.2% | 0.58% | −0.01 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -0.5% | 0.17% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.3% | 0.54% | −0.01 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -1.1% | 0.20% | −0.01 |
| AEP American Electric Power | Reduce -9.2% | 0.09% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -1.3% | 4.76% | −0.01 |
| MCD McDonald's Corp. | Reduce -1.0% | 0.54% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -1.4% | 0.55% | −0.01 |
| RSP Invesco S&P 500 Equal Weight | Reduce -2.2% | 0.31% | −0.01 |
| ABBV Abbvie Inc. | Reduce -3.3% | 0.08% | −0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -70.6% | 0.00% | −0.00 |
| KO The Coca-Cola Co. | Reduce -5.3% | 0.38% | −0.00 |
| XLK SS Technology Select Sector | Reduce -3.1% | 0.19% | −0.00 |
| LRGE Clearbridge Large Cap Growth | Reduce -1.1% | 0.10% | −0.00 |
| ESGV Vanguard ESG US Stock ETF | Reduce -4.2% | 0.10% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| PH Parker Hannifin Corp. | Add +2.7% | 2.29% | +0.35 |
| DHR Danaher Corp. | Add +1.1% | 2.55% | +0.34 |
| GPIX GLDM SA S&P 500 PR in ETF-US | New | 0.33% | +0.33 |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | New | 0.32% | +0.32 |
| LLY Eli Lilly & Co. | Add +0.3% | 0.82% | +0.23 |
| SLB SLB Ltd. | Add +3.5% | 1.50% | +0.19 |
| XOM Exxon Mobil Corp. | Add +73.3% | 0.33% | +0.15 |
| MU Micron Technology Inc. | New | 0.12% | +0.12 |
| ISRG Intuitive Surgical Inc. | New | 0.10% | +0.10 |
| CHRW C.H. Robinson Worldwide Inc. | Add +0.0% | 0.54% | +0.09 |
| CMI Cummins Inc. | New | 0.08% | +0.08 |
| CSCO Cisco Systems Inc. | New | 0.08% | +0.08 |
| QCLN First Trust Nasdaq Clean Edg | New | 0.07% | +0.07 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.07% | +0.07 |
| RAFE PIMCO Rafi ESG US ETF | New | 0.07% | +0.07 |
| CMG Chipotle Mexican Grill Inc. | Add +48.2% | 0.18% | +0.05 |
| OBDC Blue Owl Capital Corp. | New | 0.05% | +0.05 |
| SENS Senseonics Holdings Inc. | New | 0.02% | +0.02 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +60.7% | 0.05% | +0.02 |
| SCHB Schwab US Broad Market ETF | Add +6.3% | 0.29% | +0.02 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Add +0.1% | 0.64% | +0.01 |
| SPGI S&P Global Inc. | Add +0.4% | 0.21% | +0.01 |
| WMT Walmart Inc. | Add +0.3% | 0.17% | +0.01 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.24% | +0.01 |
| BAC Bank of America Corp. | Add +0.1% | 0.13% | +0.01 |
| RTX RTX Corp. | Add +0.1% | 0.09% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +0.4% | 0.54% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.2% | 0.49% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +1.0% | 0.25% | +0.01 |
| IWN iShares Russell 2000 Value E | Add +0.6% | 0.22% | +0.00 |
| IEF iShares 7-10 Year Treasury B | New | 0.00% | +0.00 |
| IWM iShares Russell 2000 ETF | Add +0.1% | 0.33% | +0.00 |
| SCHM Schwab US Mid Cap ETF | Add +0.5% | 0.28% | +0.00 |
| EPD Enterprise Products Partners | Add +1.6% | 0.08% | +0.00 |
| SCHA Schwab US Small-Cap ETF | Add +0.0% | 0.20% | +0.00 |
| QUAL iShares MSCI USA Quality Fac | New | 0.00% | +0.00 |
| XVV iShares ESG Select Screened | Add +0.3% | 0.08% | +0.00 |
| MA Mastercard Inc. Class A | Add +1.5% | 0.14% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Add +0.1% | 0.37% | +0.00 |
| NZUS SS SPDR MSCI U Class P Al ETF | Add +0.3% | 0.05% | +0.00 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +0.1% | 0.26% | +0.00 |
| PM Philip Morris International | Add +2.4% | 0.15% | +0.00 |
| IWS iShares Russell Mid-Cap Valu | Add +0.4% | 0.06% | +0.00 |
| IWY iShares Russell Top 200 Grow | Add +0.1% | 0.09% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.2% | 0.05% | +0.00 |
| EFAV iShares MSCI Eafe Min Vol Fa | Add +0.4% | 0.01% | +0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +0.0% | 0.09% | +0.00 |
| SPHQ Invesco S&P 500 Quality ETF | New | 0.00% | +0.00 |
| AGGY Wisdomtree Yield Enhanced US | Add +0.9% | 0.00% | 0.00 |
| XLE SS Energy Select Sector | Add +0.2% | 0.01% | −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 |