Piedmont Capital Management, LLC/NC
SEC Form 13F institutional filer · CIK 0002108281
13F-HR · 86 reported holdings · 2026-03-31
Reported long-US-equity value
$0.12B
Top-10 concentration
66.5%
Piedmont Capital Management, LLC/NC — $122M AUM allocation strategy
Piedmont Capital Management, LLC/NC files SEC Form 13F and reports $122M of long US equity value across 86 reported holdings for 2026-03-31.
Its largest sector bet is Financials 17.8%, followed by Industrials 10.0% and Information Technology 9.6%.
The top 10 holdings account for 67% 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.
Piedmont Capital Management, LLC/NC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$122M
total across 86 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
67% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVV +9.13K sh · +$469K+$SCHW +5.7K sh · +$58.8K+$IWM +4.4K sh · +$576K
Biggest trims (shares)
−$AAPL −625 sh · −$448K−$SPGI −448 sh · −$229K−$MRK −253 sh · +$37.6K
Exited to nil (held last quarter, gone now)
$NSC ($528K last qtr)$CRM ($227K last qtr)$UNH ($225K last qtr)$ISRG ($205K 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)
- Aerospace & Defense10.0%—
- Asset Management & Custody Banks8.0%—
- Investment Banking & Brokerage5.9%—
- Semiconductors4.0%—
- Interactive Media & Services3.2%—
- Technology Hardware, Storage & Peripherals3.2%—
- Systems Software2.4%—
- Consumer Finance1.7%—
- Other holdings61.6%—
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
6 of 6 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $HONA | Honeywell Aerospace Inc | 17 | $12.2M | +0 | 10.0% |
| $BEN | Franklin Templeton Inc | 178K | $9.76M | +1.14K | 8.0% |
| $SCHW | Charles Schwab Corporation | 240K | $7.16M | +5.7K | 5.9% |
| $NVDA | NVIDIA Corporation | 22.6K | $3.94M | -46 | 3.2% |
| $AAPL | Apple Inc | 15.4K | $3.9M | -625 | 3.2% |
| $MSFT | Microsoft Corporation | 7.76K | $2.87M | +166 | 2.4% |
…and 80 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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