T&
Townsend & Associates, Inc 13F Holdings & Position Changes (Q2 2026)
Townsend & Associates, IncCIK: 0001729359
Diversified strategyMomentum followerQuality / disciplined sizing
Total reported value
$1.2B
Reporting period: 2026-06-30 · Number of holdings: 115
Townsend & Associates, Inc disclosed 115 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $1.2B and a quarterly turnover rate of 6.5%.
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Personality snowflake
- Concentration
- 10.72
- Portfolio Stability
- 6.5
- Momentum
- 100
- Sector conviction
- 53.42
- Diversification
- 100
- Sizing Uniformity
- 85.6
Townsend & Associates, Inc's disclosed holdings carry a Herfindahl concentration index of 0.027 — mathematically equivalent to about 37 equally-sized positions, well below its 115 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.44), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 53% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim GLD
+1.4% -$6.6M
Add MYRG
-1.6% $5.5M
Trim HCA
+2.5% -$3.9M
Add GWW
+1.0% $3.4M
Trim TTE
+0.1% -$2.8M
Trim NTR
+1.3% -$2.5M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 114 holdings (of 115 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | SHV | Ishares 0-1 Year Treasury Bo | ETF-Gov Bonds | 6.24% | +0.09% | +2.86% | |
| 2 | ISTB | Ishares Core 1-5 Year Usd Bo | ETF-Other | 5.08% | +0.03% | +2.91% | |
| 3 | BHP | Bhp Group Ltd-spon Adr | Stock-Materials | 4.25% | -0.05% | +0.09% | |
| 4 | JIII | Jns Hndrsn Incm ETF | ETF-Other | 3.99% | +0.01% | +2.42% | |
| 5 | TLT | Ishares 20+ Year Treasury Bd | ETF-Gov Bonds | 3.86% | -0.07% | +2.63% | |
| 6 | NTR | Nutrien LTD | Stock-Materials | 3.55% | -0.26% | +1.29% | |
| 7 | MYRG | Myr Group Inc/delaware | Stock-Industrials | 3.55% | +0.44% | -1.60% | |
| 8 | GLD | Spdr Gold Shares | ETF-Commodities | 3.36% | -0.62% | +1.37% | |
| 9 | HDV | Ishares Core High Dividend E | ETF-Other | 3.15% | +0.12% | +396.70% | |
| 10 | IUSV | Ishares Core S&p U.s. Value | ETF-Other | 3.00% | +0.06% | -0.95% | |
| 11 | CSPF | C&s Pref & Income Active ETF | ETF-Other | 2.93% | +0.03% | +2.58% | |
| 12 | AIG | American International Group | Stock-Financials | 2.91% | +0.18% | +2.66% | |
| 13 | GNK | Genco Shipping & Trading Limited | Stock-Other | 2.72% | +0.12% | -0.20% | |
| 14 | EFV | Ishares Msci Eafe Value ETF | ETF-Other | 2.62% | -0.02% | -0.75% | |
| 15 | RTX | Rtx CORP | Stock-Industrials | 2.30% | +0.15% | +0.79% | |
| 16 | TTE | TotalEnergies SE | Stock-Other | 2.19% | -0.27% | +0.12% | |
| 17 | GNRC | Generac Holdings Inc | Stock-Industrials | 2.17% | -0.04% | -0.31% | |
| 18 | FANG | Diamondback Energy Inc | Stock-Energy | 2.12% | — | +0.41% | |
| 19 | SNA | Snap-on Inc | Stock-Industrials | 1.90% | +0.11% | +0.89% | |
| 20 | AER | AerCap Holdings N.V. | Stock-Industrials | 1.87% | +0.12% | +0.90% | |
| 21 | GWW | Ww Grainger Inc | Stock-Industrials | 1.76% | +0.27% | +1.01% | |
| 22 | TJX | Tjx Companies Inc | Stock-Consumer Disc | 1.60% | -0.03% | +1.13% | |
| 23 | WM | Waste Management Inc | Stock-Industrials | 1.58% | +0.11% | +2.11% | |
| 24 | MCK | Mckesson CORP | Stock-Healthcare | 1.55% | +0.02% | +2.59% | |
| 25 | UPS | United Parcel Service-cl B | Stock-Industrials | 1.54% | +0.13% | +2.41% | |
| 26 | GRW | Tcw Durable Growth ETF | ETF-Other | 1.49% | +0.05% | -1.04% | |
| 27 | EW | Edwards Lifesciences CORP | Stock-Healthcare | 1.47% | +0.07% | +1.97% | |
| 28 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 1.42% | +0.09% | +2.02% | |
| 29 | DIS | Walt Disney Co/the | Stock-Comm Services | 1.40% | -0.10% | +2.31% | |
| 30 | HCA | Hca Healthcare Inc | Stock-Healthcare | 1.38% | -0.36% | +2.53% | |
| 31 | CME | Cme Group Inc | Stock-Financials | 1.38% | -0.20% | +2.85% | |
| 32 | TURF | T Rowe Price Nat Res ETF | ETF-Other | 1.37% | -0.16% | -0.50% | |
| 33 | WRB | Wr Berkley CORP | Stock-Financials | 1.36% | +0.11% | +2.55% | |
| 34 | MHK | Mohawk Industries Inc | Stock-Consumer Disc | 1.32% | +0.01% | +2.59% | |
| 35 | DEO | Diageo Plc-sponsored Adr | Stock-Consumer Staples | 1.22% | +0.10% | +3.94% | |
| 36 | DHI | Dr Horton Inc | Stock-Consumer Disc | 1.16% | -0.15% | -0.15% | |
| 37 | BKNG | Booking Holdings Inc | Stock-Consumer Disc | 1.13% | +0.03% | +3.89% | |
| 38 | EMXC | Ishares Msci Emr Mrk Ex Chna | ETF-Other | 1.12% | -0.01% | -1.80% | |
| 39 | KR | Kroger Co | Stock-Consumer Staples | 1.11% | -0.15% | +3.95% | |
| 40 | AZO | Autozone Inc | Stock-Consumer Disc | 1.00% | -0.16% | +4.58% | |
| 41 | NOMD | Nomad Foods Limited | Stock-Other | 0.92% | +0.21% | +6.63% | |
| 42 | IAU | Ishares Gold Trust | ETF-Commodities | 0.83% | -0.16% | +0.62% | |
| 43 | BRK-A | Berkshire Hathaway Inc-cl A | Stock-Other | 0.38% | +0.02% | — | |
| 44 | LMT | Lockheed Martin CORP | Stock-Industrials | 0.36% | -0.04% | -0.14% | |
| 45 | AAPL | Apple Inc | Stock-Tech | 0.35% | +0.05% | +0.01% | |
| 46 | DUK | Duke Energy CORP | Stock-Utilities | 0.34% | -0.01% | +0.27% | |
| 47 | NVR | Nvr Inc | Stock-Consumer Disc | 0.31% | +0.02% | +11.93% | |
| 48 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.30% | +0.01% | — | |
| 49 | HAL | Halliburton Co | Stock-Energy | 0.27% | -0.04% | -1.62% | |
| 50 | MSFT | Microsoft CORP | Stock-Tech | 0.24% | -0.03% | -0.90% |
1–50 of 114
Portfolio Performance
Performance for Q3 2026
+1.3%
Performance Last 4 Quarters
+15.5%
- Stdev
- +10.4%
- Beta
- +0.55
- Alpha
- +3.4%
- Max Drawdown
- -5.1%
- Annualized Perf
- +14.7%
- Batting Avg vs S&P
- +38.9%
- Sortino
- +2.59
- Stutzer
- +0.4
- Treynor
- +0.26
- Sterling
- +1
- Calmar
- +2.9
- Information Ratio
- -0.59
- Tracking Error
- +9.6%
- Stdev Down
- +5.5%
- Winning Months %
- +69.4%
- Losing Months %
- +30.6%
- Best 12 Months
- +25.7%
- Worst 12 Months
- +5.1%
- Efficiency Ratio
- +0.56
- Sharpe
- +1.38
- Stdev Sectors
- +8.9%
- Skewness
- -0.29
- Kurtosis
- -0.37
- Upside Potential
- +4.06
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 115 | $1.2B | 7 | ||
| 2026 Q1 | 117 | $1.2B | 15 | ||
| 2025 Q4 | 115 | $1.1B | 18 | ||
| 2025 Q3 | 112 | $1.1B | 28 | ||
| 2025 Q2 | 112 | $1.0B | 0 | ||
| 2025 Q1 | 99 | $959.1M | 100 | ||
| 2024 Q4 | 102 | $976.5M | 0 | ||
| 2024 Q3 | 103 | $974.4M | 0 | ||
| 2024 Q2 | 104 | $901.2M | 0 | ||
| 2024 Q1 | 104 | $857.6M | 0 | ||
| 2023 Q4 | 105 | $798.8M | 0 | ||
| 2023 Q3 | 98 | $473.6M | 0 | ||
| 2023 Q2 | 123 | $388.6M | 0 | ||
| 2023 Q1 | 116 | $249.2M | 0 | ||
| 2022 Q4 | 109 | $202.1M | 0 | ||
| 2022 Q3 | 91 | $216.5M | 0 | ||
| 2022 Q2 | 78 | $216.4M | 0 | ||
| 2022 Q1 | 76 | $217.3M | 0 | ||
| 2021 Q4 | 72 | $182.7M | 0 | ||
| 2021 Q3 | 70 | $202.6M | 0 | ||
| 2021 Q2 | 67 | $171.2M | 95 | ||
| 2021 Q1 | 70 | $154.0M | 78 | ||
| 2020 Q4 | 69 | $137.3M | 17 | ||
| 2020 Q3 | 67 | $127.7M | 32 | ||
| 2020 Q2 | 70 | $119.0M | 45 | ||
| 2020 Q1 | 71 | $96.2M | 28 | ||
| 2019 Q4 | 71 | $114.4M | 15 | ||
| 2019 Q3 | 72 | $104.7M | 50 | ||
| 2019 Q2 | 76 | $131.1M | 38 | ||
| 2019 Q1 | 75 | $99.1M | 19 | ||
| 2018 Q4 | 71 | $87.2M | 29 | ||
| 2018 Q3 | 159 | $101.1M | 46 | ||
| 2018 Q2 | 159 | $89.1M | 58 | ||
| 2018 Q1 | 169 | $125.2M | 48 | ||
| 2017 Q4 | 191 | $117.2M | 0 |
Holding changes this quarter
Townsend & Associates, Inc's most significant position changes for 2026-06-30: Sold out: Netflix Inc (NFLX); New buy: Visa Inc-class A Shares (V); New buy: Direx Dail Semi Bu 3x Et-usd (SOXL); Add: Spdr Gold Shares (GLD) — shares +1.37%; Trim: Myr Group Inc/delaware (MYRG) — shares -1.60%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MYRG | Myr Group Inc/delaware | +0.4% | -1.60% | Trim |
| 2 | GWW | Ww Grainger Inc | +0.3% | +1.01% | Add |
| 3 | NOMD | Nomad Foods Limited | +0.2% | +6.63% | Add |
| 4 | AIG | American International Group | +0.2% | +2.66% | Add |
| 5 | RTX | Rtx CORP | +0.2% | +0.79% | Add |
| 6 | UPS | United Parcel Service-cl B | +0.1% | +2.41% | Add |
| 7 | HDV | Ishares Core High Dividend E | +0.1% | +396.70% | Add |
| 8 | GNK | Genco Shipping & Trading Limited | +0.1% | -0.20% | Trim |
| 9 | AER | AerCap Holdings N.V. | +0.1% | +0.90% | Add |
| 10 | WM | Waste Management Inc | +0.1% | +2.11% | Add |
| 11 | WRB | Wr Berkley CORP | +0.1% | +2.55% | Add |
| 12 | SNA | Snap-on Inc | +0.1% | +0.89% | Add |
| 13 | DEO | Diageo Plc-sponsored Adr | +0.1% | +3.94% | Add |
| 14 | SHV | Ishares 0-1 Year Treasury Bo | +0.1% | +2.86% | Add |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | +0.1% | +2.02% | Add |
| 16 | EW | Edwards Lifesciences CORP | +0.1% | +1.97% | Add |
| 17 | IUSV | Ishares Core S&p U.s. Value | +0.1% | -0.95% | Trim |
| 18 | GRW | Tcw Durable Growth ETF | +0.1% | -1.04% | Trim |
| 19 | AAPL | Apple Inc | +0.1% | +0.01% | Add |
| 20 | ABBV | Abbvie Inc | +0.1% | -1.44% | Trim |
| 21 | ISTB | Ishares Core 1-5 Year Usd Bo | 0% | +2.91% | Add |
| 22 | CSPF | C&s Pref & Income Active ETF | 0% | +2.58% | Add |
| 23 | BKNG | Booking Holdings Inc | 0% | +3.89% | Add |
| 24 | VTR | Ventas Inc | 0% | -1.78% | Trim |
| 25 | MCK | Mckesson CORP | 0% | +2.59% | Add |
| 26 | NVR | Nvr Inc | 0% | +11.93% | Add |
| 27 | SJM | Jm Smucker Co/the | 0% | -0.94% | Trim |
| 28 | UNH | Unitedhealth Group Inc | 0% | -0.37% | Trim |
| 29 | V | Visa Inc-class A Shares | 0% | NEW | New buy |
| 30 | SOXL | Direx Dail Semi Bu 3x Et-usd | 0% | NEW | New buy |
| 31 | JNJ | Johnson & Johnson | 0% | -0.28% | Trim |
| 32 | BRK-A | Berkshire Hathaway Inc-cl A | 0% | — | Unchanged |
| 33 | INTC | Intel CORP | 0% | -8.11% | Trim |
| 34 | JIII | Jns Hndrsn Incm ETF | 0% | +2.42% | Add |
| 35 | MHK | Mohawk Industries Inc | 0% | +2.59% | Add |
| 36 | BTI | British American Tob-sp Adr | 0% | -1.76% | Trim |
| 37 | UL | Unilever Plc-sponsored Adr | 0% | +4.61% | Add |
| 38 | LRCX | Lam Research CORP | 0% | — | Unchanged |
| 39 | PNC | Pnc Financial Services Group | 0% | +18.24% | Add |
| 40 | GOOG | Alphabet Inc-cl C | 0% | — | Unchanged |
| 41 | GE | General Electric | 0% | — | Unchanged |
| 42 | KO | Coca-cola Co/the | 0% | — | Unchanged |
| 43 | MRK | Merck & Co. Inc. | 0% | — | Unchanged |
| 44 | BAC | Bank Of America CORP | 0% | — | Unchanged |
| 45 | CSCO | Cisco Systems Inc | 0% | — | Unchanged |
| 46 | VGT | Vanguard Info Tech ETF | 0% | — | Unchanged |
| 47 | JPM | Jpmorgan Chase & Co | 0% | — | Unchanged |
| 48 | MA | Mastercard Inc - A | 0% | -0.41% | Trim |
| 49 | USB | US Bancorp | 0% | — | Unchanged |
| 50 | FANG | Diamondback Energy Inc | — | +0.41% | Add |
1–50 of 115
Filing History
FAQ
What is Townsend & Associates, Inc and what type of investor is it?
Townsend & Associates, Inc is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $1.2B, spread across 115 disclosed positions.
What are Townsend & Associates, Inc's largest equity positions?
Based on the latest 13F filing, Townsend & Associates, Inc's top holdings by market value are:
1. Ishares 0-1 Year Treasury Bo (SHV) — $73.3M (6.2%)
2. Ishares Core 1-5 Year Usd Bo (ISTB) — $59.6M (5.1%)
3. Bhp Group Ltd-spon Adr (BHP) — $49.8M (4.3%)
4. Jns Hndrsn Incm ETF (JIII) — $46.9M (4.0%)
5. Ishares 20+ Year Treasury Bd (TLT) — $45.3M (3.9%)
What changes did Townsend & Associates, Inc make in its most recent portfolio filing?
In the latest reported quarter, Townsend & Associates, Inc made 81 notable position adjustments: 2 new positions were initiated, 44 existing holdings were added to, 34 positions were partially reduced, and 1 were completely exited. The largest of these moves: Sold out: Netflix Inc (NFLX); New buy: Visa Inc-class A Shares (V); New buy: Direx Dail Semi Bu 3x Et-usd (SOXL); Add: Spdr Gold Shares (GLD) — shares +1.37%; Trim: Myr Group Inc/delaware (MYRG) — shares -1.60%
What sectors does Townsend & Associates, Inc focus on?
Townsend & Associates, Inc is concentrated in the following sectors based on its current disclosed equity portfolio:
• Industrials: 32.8%
• Materials: 15.1%
• Consumer Discretionary: 13.0%
• Financials: 11.2%
• Health Care: 10.1%
• Consumer Staples: 6.4%
Investment Profile
Townsend & Associates, Inc returned an annualized 14.7% over the trailing 36 months — outperforming the S&P 500 by 3.4 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.55 (less volatile than the market) and a 39% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 32.8% of the portfolio concentrated in Industrials.
It has added to its FANG position over the past two quarters (+$22.7M, now $24.9M), while trimming IAU over the same stretch (-$4.3M, still holding $9.7M).
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