THOMPSON DAVIS & CO., INC.
Long book
$149.9M
Q1 2026
Positions
141
Top-10 weight
60%
concentration
Last quarter
+4.5%
SPY +14.8%
Turnover
40%
of book per quarter
Strategy in plain words
auto-generated from filingsTHOMPSON DAVIS & CO., INC. is a diversified fundamental manager, specialised in industrials (64% of the long book), running a $149.9M US long book across 141 positions.
The portfolio is concentrated: the top 10 names carry 60% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SMITH-MIDLAND CORP, CARLISLE COS INC, DOVER CORP, VANGUARD S&P 500 ETF, COMFORT SYSTEMS USA INC.
Over the last 9 quarters its long book ran on average 3.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-20.9%
Q2 2024
+13.4%
Q3 2024
+14.3%
Q4 2024
-18.0%
Q1 2025
+10.0%
Q2 2025
+8.4%
Q3 2025
+1.6%
Q4 2025
-4.1%
Q1 2026
+4.5%
Sector allocation
Industrials 66%
Technology 11%
Other 9%
Consumer discretionary 5%
Healthcare 4%
Financials 3%
Services media 1%
Energy 1%
Long book by quarter
What does THOMPSON DAVIS own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SMID SMITH-MIDLAND CORP | Industrials | 1.8M | $59.9M | 40.0% | +0.4% |
| CSL CARLISLE COS INC | Other | 29.0K | $9.7M | 6.4% | Held |
| DOV DOVER CORP | Industrials | 20.9K | $4.4M | 2.9% | Held |
| FIX COMFORT SYSTEMS USA INC | Industrials | 1.8K | $2.5M | 1.7% | -28.4% |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 7.5K | $2.4M | 1.6% | Held |
| CB CHUBB LTD | Financials | 6.0K | $2.0M | 1.3% | -1.6% |
| GEV GE VERNOVA INC | Industrials | 2.1K | $1.8M | 1.2% | Held |
| NVDA NVIDIA CORP | Technology | 8.9K | $1.6M | 1.0% | -6.1% |
| PROF PROFOUND MEDICAL CORP | Healthcare | 215.8K | $1.4M | 0.9% | -0.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.3K | $1.3M | 0.9% | -0.4% |
| FEIM FREQUENCY ELECTRONICS INC | Technology | 28.6K | $1.3M | 0.8% | +18.1% |
| AAPL APPLE INC | Technology | 4.5K | $1.1M | 0.8% | -9.7% |
| LLY ELI LILLY & CO | Healthcare | 1.2K | $1.1M | 0.7% | Held |
| GOOG ALPHABET INC-CL C | Technology | 3.5K | $1.0M | 0.7% | -1.7% |
| WGS GENEDX HOLDINGS CORP | Healthcare | 15.6K | $1.0M | 0.7% | +5.0% |
| GE GENERAL ELECTRIC | Industrials | 3.4K | $977K | 0.7% | Held |
| TJX TJX COMPANIES INC | Consumer discretionary | 6.1K | $977K | 0.7% | +60.3% |
| MKL MARKEL GROUP INC | Financials | 467 | $894K | 0.6% | +13.6% |
| DY DYCOM INDUSTRIES INC | Industrials | 2.6K | $882K | 0.6% | 0.0% |
| KEYS KEYSIGHT TECHNOLOGIES IN | Technology | 3.1K | $878K | 0.6% | +4.7% |
| BW BABCOCK & WILCOX ENTERPR | Industrials | 56.0K | $822K | 0.5% | -38.7% |
| WMT WALMART INC | Consumer discretionary | 6.2K | $765K | 0.5% | -8.9% |
| META META PLATFORMS INC-CLASS A | Technology | 1.3K | $753K | 0.5% | -5.7% |
| TSLA TESLA INC | Industrials | 1.8K | $678K | 0.5% | -26.4% |
| MSFT MICROSOFT CORP | Technology | 1.8K | $670K | 0.4% | -15.9% |
| PL PLANET LABS PBC | Technology | 23.1K | $644K | 0.4% | -4.2% |
| LPTH LIGHTPATH TECHNOLOGIES INC-A | Technology | 63.0K | $632K | 0.4% | -0.9% |
| TPC TUTOR PERINI CORP | Industrials | 8.1K | $627K | 0.4% | -33.9% |
| EME EMCOR GROUP INC | Industrials | 750 | $554K | 0.4% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 1.9K | $535K | 0.4% | -8.8% |
| CSCO CISCO SYSTEMS INC | Technology | 6.7K | $521K | 0.3% | -1.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.1K | $512K | 0.3% | +10.8% |
| RKLB ROCKET LAB CORP | Industrials | 8.0K | $511K | 0.3% | +3.2% |
| GILT GILAT SATELLITE NETWORKS LTD | Technology | 33.8K | $508K | 0.3% | -8.1% |
| MU MICRON TECHNOLOGY INC | Technology | 1.5K | $505K | 0.3% | +31.2% |
| SHIM SHIMMICK CORP | Industrials | 125.5K | $461K | 0.3% | +0.6% |
| NFLX NETFLIX INC | Services media | 4.7K | $454K | 0.3% | -9.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.0K | $416K | 0.3% | -75.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.8K | $403K | 0.3% | Held |
| LNG CHENIERE ENERGY INC | Utilities | 1.4K | $390K | 0.3% | -15.4% |
| V VISA INC-CLASS A SHARES | Services media | 1.3K | $379K | 0.3% | -7.4% |
| PPIH PERMA-PIPE INTERNATIONAL HOL | Industrials | 12.3K | $367K | 0.2% | +2.1% |
| SEI SOLARIS ENERGY INFRASTRUCTUR | Industrials | 6.4K | $363K | 0.2% | Held |
| SNDK SANDISK CORP | Technology | 545 | $346K | 0.2% | New |
| ETN EATON CORP PLC | Industrials | 950 | $340K | 0.2% | Held |
| NVT NVENT ELECTRIC PLC | Industrials | 2.8K | $331K | 0.2% | Held |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 2.2K | $320K | 0.2% | +45.6% |
| MTZ MASTEC INC | Industrials | 990 | $319K | 0.2% | Held |
| AAOI APPLIED OPTOELECTRONICS INC | Technology | 3.7K | $310K | 0.2% | New |
| ELVA ELECTROVAYA INC | Technology | 37.9K | $297K | 0.2% | -5.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 141 | $149.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 12, 2026 | 157 | $167.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 148 | $162.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ARESTATEMENT | Aug 20, 2025 | 139 | $146.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 198 | $229.0M | SEC ↗ | |
| Q1 2025 | 13F-HR | May 13, 2025 | 125 | $126.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 3, 2025 | 131 | $155.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 8, 2024 | 126 | $135.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 23, 2024 | 114 | $115.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 2, 2024 | 119 | $147.6M | canonical | SEC ↗ |