TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV
Long book
$276.7M
Q1 2026
Positions
187
Top-10 weight
41%
concentration
Last quarter
+12.0%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsTOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV is an institutional manager, running a $276.7M US long book across 187 positions.
The portfolio is moderately concentrated (top 10 ≈ 41% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: WISDOMTREE U.S. QUALITY DIVI, INVESCO QQQ TRUST SERIES 1, AMAZON.COM INC, JPMORGAN CHASE & CO, WABTEC CORP.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 1 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
+2.8%
Q2 2024
+5.4%
Q3 2024
+1.8%
Q4 2024
-3.7%
Q1 2025
+7.8%
Q2 2025
+5.2%
Q3 2025
+2.4%
Q4 2025
-4.9%
Q1 2026
+12.0%
Sector allocation
Technology 26%
Consumer discretionary 15%
Financials 14%
Services media 14%
Industrials 14%
Healthcare 6%
Energy 5%
Utilities 3%
Long book by quarter
What does TOWNSEND ASSET own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 70.0K | $14.6M | 5.3% | +2.1% |
| JPM JPMORGAN CHASE & CO | Financials | 42.3K | $12.4M | 4.5% | +0.8% |
| WAB WABTEC CORP | Industrials | 43.9K | $11.0M | 4.0% | -1.6% |
| V VISA INC-CLASS A SHARES | Services media | 34.8K | $10.5M | 3.8% | +4.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 8.1K | $8.1M | 2.9% | +2.9% |
| GOOGL ALPHABET INC-CL A | Technology | 26.2K | $7.5M | 2.7% | +0.9% |
| MSFT MICROSOFT CORP | Technology | 19.5K | $7.2M | 2.6% | -0.8% |
| AAPL APPLE INC | Technology | 28.2K | $7.2M | 2.6% | +1.2% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 21.9K | $7.1M | 2.6% | +3.5% |
| PH PARKER HANNIFIN CORP | Industrials | 7.4K | $6.6M | 2.4% | +0.3% |
| DHR DANAHER CORP | Technology | 32.3K | $6.1M | 2.2% | +2.4% |
| SLB SLB LTD | Energy | 112.3K | $5.8M | 2.1% | +1.0% |
| QCOM QUALCOMM INC | Technology | 40.8K | $5.3M | 1.9% | -55.3% |
| DUK DUKE ENERGY CORP | Utilities | 37.3K | $4.9M | 1.8% | +9.0% |
| COIN COINBASE GLOBAL INC -CLASS A | Financials | 25.5K | $4.4M | 1.6% | +150.7% |
| NVDA NVIDIA CORP | Technology | 21.6K | $3.8M | 1.4% | -3.4% |
| WYNN WYNN RESORTS LTD | Services media | 36.0K | $3.7M | 1.3% | -3.4% |
| OWL BLUE OWL CAPITAL INC | Financials | 391.7K | $3.6M | 1.3% | +20.0% |
| ZTS ZOETIS INC | Healthcare | 25.5K | $3.0M | 1.1% | +7.9% |
| NFLX NETFLIX INC | Services media | 28.7K | $2.8M | 1.0% | +294.8% |
| ECL ECOLAB INC | Other | 9.3K | $2.5M | 0.9% | +2.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.0K | $2.4M | 0.9% | +3.2% |
| LLY ELI LILLY & CO | Healthcare | 2.3K | $2.1M | 0.7% | +3.9% |
| AFL AFLAC INC | Financials | 15.0K | $1.6M | 0.6% | -1.2% |
| MCD MCDONALD'S CORP | Consumer discretionary | 5.3K | $1.6M | 0.6% | +4.3% |
| AMGN AMGEN INC | Healthcare | 4.6K | $1.6M | 0.6% | +1.4% |
| CHRW C.H. ROBINSON WORLDWIDE INC | Industrials | 9.5K | $1.6M | 0.6% | -0.2% |
| AVGO BROADCOM INC | Technology | 5.1K | $1.6M | 0.6% | -2.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 6.4K | $1.6M | 0.6% | +1.1% |
| GOOG ALPHABET INC-CL C | Technology | 5.2K | $1.5M | 0.5% | +1.3% |
| CVX CHEVRON CORP | Energy | 7.0K | $1.4M | 0.5% | +10.0% |
| PG PROCTER & GAMBLE CO/THE | Other | 9.2K | $1.3M | 0.5% | -1.2% |
| HD HOME DEPOT INC | Consumer discretionary | 4.0K | $1.3M | 0.5% | -2.0% |
| CAT CATERPILLAR INC | Industrials | 1.7K | $1.2M | 0.4% | +39.4% |
| XOM EXXON MOBIL CORP | Energy | 7.1K | $1.2M | 0.4% | -8.2% |
| KO COCA-COLA CO/THE | Consumer staples | 14.5K | $1.1M | 0.4% | -5.0% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 5.2K | $1.1M | 0.4% | -2.9% |
| GLW CORNING INC | Industrials | 7.7K | $1.1M | 0.4% | +0.1% |
| DE DEERE & CO | Industrials | 1.6K | $930K | 0.3% | New |
| META META PLATFORMS INC-CLASS A | Technology | 1.5K | $865K | 0.3% | +6.3% |
| MU MICRON TECHNOLOGY INC | Technology | 2.4K | $821K | 0.3% | +111.4% |
| WMT WALMART INC | Consumer discretionary | 5.9K | $735K | 0.3% | +37.3% |
| MRK MERCK & CO. INC. | Healthcare | 5.7K | $689K | 0.2% | +0.3% |
| CMG CHIPOTLE MEXICAN GRILL INC | Consumer discretionary | 20.1K | $644K | 0.2% | +41.8% |
| SPGI S&P GLOBAL INC | Services media | 1.3K | $560K | 0.2% | +16.9% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 2.5K | $555K | 0.2% | +0.2% |
| ADI ANALOG DEVICES INC | Technology | 1.7K | $546K | 0.2% | +0.3% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 2.2K | $543K | 0.2% | -1.7% |
| ROP ROPER TECHNOLOGIES INC | Technology | 1.5K | $541K | 0.2% | -32.3% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 1.1K | $487K | 0.2% | +109.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 6, 2026 | 187 | $276.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 21, 2026 | 176 | $283.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 16, 2025 | 169 | $281.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 16, 2025 | 177 | $276.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 21, 2025 | 174 | $259.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 6, 2025 | 185 | $273.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 21, 2024 | 195 | $269.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 25, 2024 | 196 | $258.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 29, 2024 | 196 | $251.6M | canonical | SEC ↗ |
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