Townsend & Associates, Inc
Long book
$1.16B
Q1 2026
Positions
113
Top-10 weight
40%
concentration
Last quarter
+4.7%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsTownsend & Associates, Inc is an institutional manager, running a $1.16B US long book across 113 positions.
The portfolio is moderately concentrated (top 10 ≈ 40% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES 0-1 YEAR TREASURY BO, ISHARES CORE 1-5 YEAR USD BO, BHP GROUP LTD-SPON ADR, JNS HNDRSN INCM ETF, SPDR GOLD SHARES.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-2.4%
Q2 2024
+9.2%
Q3 2024
-2.9%
Q4 2024
+3.8%
Q1 2025
+3.2%
Q2 2025
+5.5%
Q3 2025
+2.5%
Q4 2025
+5.5%
Q1 2026
+4.7%
Sector allocation
Industrials 31%
Financials 14%
Consumer discretionary 13%
Other 10%
Energy 9%
Healthcare 7%
Services media 6%
Utilities 4%
Long book by quarter
What does Townsend & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NTR NUTRIEN LTD | Other | 617.5K | $44.2M | 3.8% | +0.8% |
| MYRG MYR GROUP INC/DELAWARE | Industrials | 108.4K | $36.1M | 3.1% | -6.0% |
| AIG AMERICAN INTERNATIONAL GROUP | Financials | 416.5K | $31.7M | 2.7% | +3.6% |
| GNK GENCO SHIPPING & TRADING LTD | Industrials | 1.3M | $30.1M | 2.6% | -0.6% |
| TTE TOTALENERGIES SE | Energy | 318.4K | $28.5M | 2.5% | +1.2% |
| GNRC GENERAC HOLDINGS INC | Industrials | 119.7K | $25.6M | 2.2% | -2.3% |
| RTX RTX CORP | Industrials | 137.6K | $24.9M | 2.1% | +0.4% |
| FANG DIAMONDBACK ENERGY INC | Energy | 126.8K | $24.6M | 2.1% | +785.1% |
| SNA SNAP-ON INC | Industrials | 54.4K | $20.8M | 1.8% | +2.0% |
| AER AERCAP HOLDINGS NV | Services media | 146.5K | $20.3M | 1.7% | +1.5% |
| HCA HCA HEALTHCARE INC | Healthcare | 42.8K | $20.2M | 1.7% | +1.2% |
| TJX TJX COMPANIES INC | Consumer discretionary | 119.0K | $18.9M | 1.6% | +2.3% |
| CME CME GROUP INC | Financials | 64.1K | $18.3M | 1.6% | +2.1% |
| MCK MCKESSON CORP | Consumer discretionary | 21.4K | $17.7M | 1.5% | +2.0% |
| DIS WALT DISNEY CO/THE | Services media | 166.4K | $17.4M | 1.5% | +2.5% |
| GWW WW GRAINGER INC | Consumer discretionary | 14.9K | $17.2M | 1.5% | +2.6% |
| WM WASTE MANAGEMENT INC | Utilities | 76.1K | $17.0M | 1.5% | +2.9% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 155.6K | $16.4M | 1.4% | +2.7% |
| EW EDWARDS LIFESCIENCES CORP | Healthcare | 199.5K | $16.3M | 1.4% | +3.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 33.2K | $15.4M | 1.3% | -46.0% |
| DHI DR HORTON INC | Industrials | 94.4K | $15.2M | 1.3% | +0.8% |
| MHK MOHAWK INDUSTRIES INC | Other | 140.1K | $15.2M | 1.3% | +2.8% |
| KR KROGER CO | Consumer discretionary | 214.4K | $14.6M | 1.3% | +3.6% |
| WRB WR BERKLEY CORP | Financials | 214.0K | $14.4M | 1.2% | +3.5% |
| AZO AUTOZONE INC | Consumer discretionary | 3.8K | $13.5M | 1.2% | +3.5% |
| BKNG BOOKING HOLDINGS INC | Industrials | 70.9K | $12.7M | 1.1% | +2518.7% |
| NOMD NOMAD FOODS LTD | Consumer staples | 857.4K | $8.2M | 0.7% | +6.3% |
| LMT LOCKHEED MARTIN CORP | Industrials | 8.4K | $4.7M | 0.4% | -1.2% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 6 | $4.2M | 0.4% | Held |
| DUK DUKE ENERGY CORP | Utilities | 32.1K | $4.0M | 0.3% | +0.1% |
| HAL HALLIBURTON CO | Energy | 91.8K | $3.6M | 0.3% | -3.3% |
| AAPL APPLE INC | Technology | 12.6K | $3.4M | 0.3% | -1.7% |
| GOOG ALPHABET INC-CL C | Technology | 9.9K | $3.3M | 0.3% | -5.7% |
| NVR NVR INC | Industrials | 503 | $3.3M | 0.3% | +6.6% |
| MSFT MICROSOFT CORP | Technology | 7.1K | $3.1M | 0.3% | -4.0% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 46.4K | $2.7M | 0.2% | -0.7% |
| PEP PEPSICO INC | Consumer staples | 17.3K | $2.7M | 0.2% | -0.1% |
| LYB LYONDELLBASELL INDU-CL A | Other | 35.2K | $2.5M | 0.2% | +0.1% |
| ABBV ABBVIE INC | Healthcare | 11.1K | $2.2M | 0.2% | -0.4% |
| GOOGL ALPHABET INC-CL A | Technology | 6.5K | $2.2M | 0.2% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 9.3K | $2.1M | 0.2% | -2.5% |
| BALL BALL CORP | Industrials | 32.5K | $2.0M | 0.2% | +70.5% |
| SJM JM SMUCKER CO/THE | Consumer staples | 16.7K | $1.6M | 0.1% | +1.3% |
| CLX CLOROX COMPANY | Other | 14.3K | $1.4M | 0.1% | +0.8% |
| NVDA NVIDIA CORP | Technology | 6.6K | $1.3M | 0.1% | -9.3% |
| MCD MCDONALD'S CORP | Consumer discretionary | 4.3K | $1.3M | 0.1% | -4.0% |
| UNH UNITEDHEALTH GROUP INC | Financials | 3.5K | $1.3M | 0.1% | -3.1% |
| XOM EXXON MOBIL CORP | Energy | 7.9K | $1.2M | 0.1% | Held |
| KO COCA-COLA CO/THE | Consumer staples | 13.7K | $1.0M | 0.1% | Held |
| XEL XCEL ENERGY INC | Utilities | 12.0K | $939K | 0.1% | +41.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 117 | $1.16B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 26, 2026 | 115 | $1.12B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 112 | $1.05B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 30, 2025 | 112 | $1.01B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 99 | $959.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 4, 2025 | 102 | $976.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 1, 2024 | 103 | $974.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 5, 2024 | 104 | $901.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 24, 2024 | 104 | $857.6M | canonical | SEC ↗ |
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