Townsend Asset Management Corp. /NC/

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

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
ESGV Vanguard ESG US Stock ETF	0.10%	2,283	$276K	Reduce -4.2%
LRGE Clearbridge Large Cap Growth	0.10%	3,310	$273K	Reduce -1.1%
PEP Pepsico Inc.	0.09%	1,857	$266K	No change
AEP American Electric Power	0.09%	2,307	$266K	Reduce -9.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.09%	913	$265K	Add +0.7%
TSM Taiwan Semiconductor-SP ADR	0.09%	870	$264K	Reduce -0.7%
LHX L3HARRIS Technologies Inc.	0.09%	872	$256K	Add +0.6%
PSX Phillips 66	0.09%	1,950	$252K	Reduce -16.9%
RTX RTX Corp.	0.09%	1,360	$249K	Add +0.1%
SPSM SS SPDR P S&P 600 Small Cap	0.09%	5,295	$248K	Add +0.0%
IWY iShares Russell Top 200 Grow	0.09%	880	$244K	Add +0.1%
XVV iShares ESG Select Screened	0.08%	4,515	$238K	Add +0.3%
ABBV Abbvie Inc.	0.08%	1,039	$237K	Reduce -3.3%
CMI Cummins Inc.	0.08%	445	$227K	New
PLTR Palantir Technologies Inc. Class A	0.08%	1,270	$226K	No change
CSCO Cisco Systems Inc.	0.08%	2,892	$223K	New
BALL Ball Corp.	0.08%	4,114	$218K	Reduce -4.6%
EPD Enterprise Products Partners	0.08%	6,717	$215K	Add +1.6%
QCLN First Trust Nasdaq Clean Edg	0.07%	4,667	$208K	New
DGX Quest Diagnostics Inc.	0.07%	1,198	$208K	No change
ASML ASML Holding NV-NY Reg SHS	0.07%	194	$208K	New
TSLA Tesla Inc.	0.07%	457	$206K	No change
RAFE PIMCO Rafi ESG US ETF filed as PIMCO EQUITY SER	0.07%	4,815	$202K	New
IHDG Wisdomtree International Hed	0.07%	4,014	$195K	No change
IWS iShares Russell Mid-Cap Valu	0.06%	1,182	$167K	Add +0.4%
FNDF Schwab Fndmn Intl LRG Co. ETF	0.05%	3,299	$149K	Add +60.7%
NZUS SS SPDR MSCI U Class P Al ETF	0.05%	3,933	$141K	Add +0.3%
OBDC Blue Owl Capital Corp.	0.05%	11,075	$138K	New
VB Vanguard Most SM-Cap ETF-Usd	0.05%	501	$129K	Add +0.2%
IYW iShares Ustechnology ETF	0.04%	607	$121K	No change
IVW iShares S&P 500 Growth ETF	0.04%	950	$117K	No change
FNDX Schwab Fndmntl US LRG Co. ETF	0.04%	3,906	$106K	Reduce -2.2%
IJJ iShares S&P Mid-Cap 400 Valu	0.03%	725	$95K	No change
XLU St Sr Utl SL SE SPDR ETF-Usd	0.03%	2,209	$94K	Reduce -31.4%
ITOT iShares Core S&P Total U.S.	0.03%	627	$93K	No change
IJK iShares S&P Mid-Cap 400 Grow	0.03%	830	$80K	No change
FNDE Schwab Fndmntl Em MRK Eq ETF	0.03%	2,193	$79K	Reduce -2.9%
ERTH Invesco MSCI Sustainable Fut	0.03%	1,594	$75K	Add +0.4%
PHO Invesco Water Resources ETF	0.03%	1,033	$73K	Add +0.1%
IYY iShares Dow Jones U.S. ETF	0.02%	400	$66K	No change
RPG Invesco S&P 500 Pure Growth	0.02%	1,396	$65K	No change
SENS Senseonics Holdings Inc.	0.02%	10,928	$60K	New
LQD Ishr Ibx Usd Invgd CB ETF-Ui	0.02%	438	$48K	Add +0.9%
SCHZ Schwab US Aggregate Bond ETF	0.02%	2,026	$47K	Reduce -12.9%
PRF Invesco Rafi US 1000 ETF	0.02%	960	$45K	No change
EFAV iShares MSCI Eafe Min Vol Fa	0.01%	480	$41K	Add +0.4%
XLE SS Energy Select Sector	0.01%	886	$40K	Add +0.2%
IVE iShares S&P 500 Value ETF	0.01%	123	$26K	No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui	0.01%	61	$25K	No change
PBW Invesco Wilderhill Clean Ene	0.01%	740	$23K	No change
XLI SS Industrial Select Sector	0.00%	89	$14K	No change
AGGY Wisdomtree Yield Enhanced US	0.00%	214	$9K	Add +0.9%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.00%	53	$9K	No change
IEF iShares 7-10 Year Treasury B	0.00%	91	$9K	New
IBB iShares Biotechnology ETF	0.00%	52	$9K	No change
XLP SS Consumer Staples Sel Sect	0.00%	104	$8K	Reduce -23.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.00%	24	$8K	No change
SPHD Invesco S&P 500 High Dividen	0.00%	150	$7K	No change
SCHR Schwab Intermediate-Term US	0.00%	242	$6K	No change
OEF iShares S&P 100 ETF	0.00%	15	$5K	No change
AGG iShares Core U.S. Aggregate	0.00%	52	$5K	No change
VNQ Vanguard Real Estate ETF	0.00%	57	$5K	Reduce -70.6%
QUAL iShares MSCI USA Quality Fac	0.00%	21	$4K	New
IJT iShares S&P Small-Cap 600 GR	0.00%	25	$4K	No change
GOVT iShares US Treasury Bond ETF	0.00%	147	$3K	No change
BIL SS SPDR BB 1-3M T-Bill ETF	0.00%	35	$3K	No change
IJS iShares S&P Small-Cap 600 Va	0.00%	22	$3K	No change
SCHF Schwab Intl Equity ETF	0.00%	70	$2K	No change
IUSG iShares Core S&P U.S. Growth	0.00%	7	$1K	No change
SHY iShares 1-3 Year Treasury Bo	0.00%	11	$911	No change
SPYD SS SPDR P S&P 500 Hi Div ETF	0.00%	13	$582	No change
XLY SS Consumer Disc Select Sect	0.00%	4	$478	No change
XLF SS Financial Select Sector	0.00%	7	$383	No change
XLV SS Health Care Select Sector	0.00%	2	$310	No change
XLB SS Materials Select Sector	0.00%	6	$272	No change
SPHQ Invesco S&P 500 Quality ETF	0.00%	3	$225	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