Townsend & Associates, Inc
SEC Form 13F institutional filer · CIK 0001729359
13F-HR · 81 reported holdings · 2026-03-31
Reported long-US-equity value
$0.59B
Top-10 concentration
55.8%
Townsend & Associates, Inc — $592M AUM allocation strategy
Townsend & Associates, Inc files SEC Form 13F and reports $592M of long US equity value across 81 reported holdings for 2026-03-31.
Its largest sector bet is Industrials 20.6%, followed by Financials 16.5% and Health Care 9.1%.
The top 10 holdings account for 56% of reported value — a conviction-weighted book concentrated in its best ideas. 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 & Associates, Inc — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$592M
total across 81 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
56% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$FANG +113K sh · +$22.4M+$BKNG +68.2K sh · −$1.34M+$AIG +14.7K sh · +$1.92M
Biggest trims (shares)
−$IVV −45.6K sh · −$6.19M−$BRK.B −28.3K sh · −$14.9M−$HAL −3.08K sh · +$480K
Exited to nil (held last quarter, gone now)
$WMT ($18.2M last qtr)$HUBB ($955K last qtr)$VTI ($237K last qtr)
Sector allocation (share of reported value)
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)
- Industrial Machinery & Supplies & Components6.4%—
- Multi-line Insurance5.3%—
- Heavy Electrical Equipment4.3%—
- Aerospace & Defense4.2%—
- Oil & Gas Exploration & Production4.2%—
- Health Care Facilities3.4%—
- Apparel Retail3.2%—
- Financial Exchanges & Data3.1%—
- Other holdings65.9%—
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
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AIG | American International Group Inc. New | 417K | $31.7M | +14.7K | 5.3% |
| $GNRC | Generac Holdlings Inc | 120K | $25.6M | -2.85K | 4.3% |
| $RTX | RTX Corporation | 138K | $24.9M | +526 | 4.2% |
| $FANG | Diamondback Energy Inc | 127K | $24.6M | +113K | 4.2% |
| $SNA | Snap-On Incorporated | 54.4K | $20.8M | +1.09K | 3.5% |
| $HCA | HCA Healthcare Inc | 42.8K | $20.2M | +523 | 3.4% |
| $TJX | TJX Companies Inc | 119K | $18.9M | +2.67K | 3.2% |
| $CME | CME Group Inc | 64.1K | $18.3M | +1.32K | 3.1% |
| $MCK | McKesson Corporation | 21.4K | $17.7M | +421 | 3.0% |
…and 72 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 IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-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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