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TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV

SEC Form 13F institutional filer · CIK 0000709089

13F-HR · 99 reported holdings · 2026-03-31

Reported long-US-equity value

$0.24B

Top-10 concentration

44.2%

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV — $237M AUM allocation strategy

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV files SEC Form 13F and reports $237M of long US equity value across 99 reported holdings for 2026-03-31.

Its largest sector bet is Financials 15.8%, followed by Consumer Discretionary 9.1% and Information Technology 8.3%.

The top 10 holdings account for 44% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$237M

total across 99 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

44% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$GS$NFLX$COIN

+$GS +75.3K sh · +$3.65M+$NFLX +21.4K sh · +$2.08M+$COIN +15.3K sh · +$2.15M

Biggest trims (shares)

$QCOM$WYNN$KO

−$QCOM −50.4K sh · −$10.3M−$WYNN −1.26K sh · −$828K−$KO −758 sh · +$35.9K

Added from nil (new positions)

$DE$WDC$COP$SNDK$NEE

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$PYPL$ACN

$PYPL ($3.25M last qtr)$ACN ($2.57M last qtr)

Sector allocation (share of reported value)

Financials 16%ETFs 15%Consumer Discretionary 9%Information Technology 8%Industrials 7%Consumer Staples 3%Communication Services 3%Health Care 3%Other holdings 35%SECTORS
  • $XLFFinancials15.8%
  • ETFs15.0%
  • $XLYConsumer Discretionary9.1%
  • $XLKInformation Technology8.3%
  • $XLIIndustrials7.4%
  • $XLPConsumer Staples3.4%
  • $XLCCommunication Services3.2%
  • $XLVHealth Care2.6%
  • Other holdings35.3%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Broadline Retail 6%Investment Banking & Brokerage 6%Diversified Banks 5%Construction Machinery & Heavy Transportation Equipment 5%Transaction & Payment Processing Services 4%Consumer Staples Merchandise Retail 3%Interactive Media & Services 3%Systems Software 3%Other holdings 64%INDUSTRIES
  • Broadline Retail6.2%
  • Investment Banking & Brokerage6.1%
  • Diversified Banks5.3%
  • Construction Machinery & Heavy Transportation Equipment4.6%
  • Transaction & Payment Processing Services4.4%
  • Consumer Staples Merchandise Retail3.4%
  • Interactive Media & Services3.2%
  • Systems Software3.0%
  • Other holdings63.8%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

8 of 8 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$AMZNAmazon.com Inc70K$14.6M+1.42K6.1%
$JPMJP Morgan Chase & Co42.3K$12.4M+3225.2%
$WABWestinghouse Air Brake Technologies Corporation43.9K$11M-7264.6%
$VVisa Inc34.8K$10.5M+1.61K4.4%
$SCHWCharles Schwab Corporation309K$8.92M+9.98K3.8%
$COSTCostco Wholesale Corporation8.1K$8.07M+2283.4%
$GOOGAlphabet Inc. Class C Capital Stock26.2K$7.53M+2353.2%
$MSFTMicrosoft Corporation19.5K$7.22M-1573.0%

…and 91 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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