Hickory Asset Management, INC.

Diversified strategyLong-term holderQuality / disciplined sizing

Total reported value

$120.9M

Reporting period: 2025-06-30 · Number of holdings: 91

HICKORY ASSET MANAGEMENT, INC. disclosed 91 holdings in its latest 13F filing for the period ending 2025-06-30, with total reported value of $120.9M and a quarterly turnover rate of 0.0%.

Personality snowflake

Concentration: 12.22
Portfolio Stability: 0
Momentum/Contrarian: 50
Sector conviction: 59.6
Diversification: 100
Sizing Uniformity: 86.59

Recent moves

No holding changes this quarter

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	8.75%	—	-0.99%
2	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	5.80%	—	-1.66%
3	RDVY	First Trust Rising Dividend	ETF-Other	5.55%	—	+3.59%
4	QQQM	Invesco Nasdaq 100 ETF	ETF-Tech	5.12%	—	-1.45%
5	DJUL	Ft Vest US Equity Deep Buffe	ETF-Other	4.79%	—	-1.75%
6	VYM	Vanguard High Dvd Yield ETF	ETF-Other	3.89%	—	-3.08%
7	VTV	Vanguard Value ETF	ETF-Other	3.49%	—	-0.23%
8	DMAR	Ft Vest US Equity Deep Buffe	ETF-Other	3.09%	—	—
9	VIG	Vanguard Dividend Apprec ETF	ETF-Other	2.84%	—	-2.21%
10	DJUN	Ft Vest US Equity Deep Buffe	ETF-Other	2.79%	—	+3.21%
11	SPYG	Ss Spdr P S&p 500 Growth ETF	ETF-Large Cap & Growth	2.63%	—	-1.42%
12	FPE	Ft-preferred Secur & INC ETF	ETF-Other	2.12%	—	+0.07%
13	PYLD	Pimco Multisector Bond Actv	ETF-Other	2.02%	—	+91.10%
14	META	Meta Platforms Inc-class A	Stock-Comm Services	1.94%	—	+1.69%
15	VUG	Vanguard Growth ETF	ETF-Other	1.87%	—	—
16	MSFT	Microsoft CORP	Stock-Tech	1.83%	—	-0.02%
17	SPGP	Invesco S&p 500 Garp ETF	ETF-Large Cap & Growth	1.79%	—	-19.51%
18	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	1.73%	—	-0.24%
19	DFEB	Ft Vest U.s. Equity Deep Buf	ETF-Other	1.69%	—	-0.92%
20	DAUG	Ft Vest U.s. Equity Deep Buf	ETF-Other	1.55%	—	-0.09%
21	BKNG	Booking Holdings INC	Stock-Consumer Disc	1.52%	—	+0.95%
22	AMZN	Amazon.com INC	Stock-Consumer Disc	1.40%	—	+0.65%
23	SDVY	First Trust Smid Cap Rising	ETF-Other	1.28%	—	-21.74%
24	SCHW	Schwab (charles) CORP	Stock-Financials	1.28%	—	+0.82%
25	V	Visa Inc-class A Shares	Stock-Financials	1.15%	—	+0.64%
26	DMAY	Ft Vest US Equity Deep Buffe	ETF-Other	1.08%	—	+5.96%
27	MOAT	Vaneck Morningstar Wide Moat	ETF-Other	1.06%	—	-32.24%
28	VOE	Vanguard Mid-cap Value ETF	ETF-Other	1.05%	—	-4.88%
29	RSP	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	1.00%	—	-0.59%
30	COWZ	Pacer US Cash Cows 100 ETF	ETF-Other	1.00%	—	-12.48%
31	MA	Mastercard INC - A	Stock-Financials	0.90%	—	+0.05%
32	ELV	Elevance Health INC	Stock-Healthcare	0.84%	—	+1.96%
33	FPEI	First Trust Institutional Pr	ETF-Other	0.78%	—	+1.39%
34	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.76%	—	—
35	DNOV	Ft Vest US Equity Deep Buffe	ETF-Other	0.75%	—	—
36	PM	Philip Morris International	Stock-Consumer Staples	0.64%	—	+0.86%
37	SPYV	Ss Spdr P S&p 500 Value ETF	ETF-Large Cap & Growth	0.64%	—	-2.62%
38	DIS	Walt Disney Co/the	Stock-Comm Services	0.63%	—	-1.46%
39	CALF	Pcr US Sm Cp Csh Cws Etf-usd	ETF-Other	0.59%	—	-18.40%
40	IQV	Iqvia Holdings INC	Stock-Healthcare	0.57%	—	-4.92%
41	VCSH	Vanguard S/t CORP Bond ETF	ETF-Corp Bonds	0.56%	—	+1.05%
42	AMAT	Applied Materials INC	Stock-Tech	0.55%	—	+39.92%
43	VRIG	Invesco Variable Rate Invest	ETF-Other	0.53%	—	-40.57%
44	PFFD	Global X US Preferred ETF	ETF-Other	0.53%	—	-0.70%
45	JPM	Jpmorgan Chase & Co	Stock-Financials	0.52%	—	+2.45%
46	ADSK	Autodesk INC	Stock-Tech	0.48%	—	-1.32%
47	AAPL	Apple INC	Stock-Tech	0.48%	—	-12.85%
48	APD	Air Products & Chemicals INC	Stock-Materials	0.47%	—	+1.75%
49	COR	Cencora INC	Stock-Healthcare	0.46%	—	-25.35%
50	ORCL	Oracle CORP	Stock-Tech	0.44%	—	+2.41%

1–50 of 91

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Top holdings
2025-06-30	91	$120.9M	1VOO 2QQQ 3RDVY Top holdings2025-06-30 1.VOO 2.QQQ 3.RDVY 4.QQQM 5.DJUL 6.VYM 7.VTV 8.DMAR 9.VIG 10.DJUN
2025-03-31	89	$112.5M	1VOO 2QQQ 3RDVY Top holdings2025-03-31 1.VOO 2.QQQ 3.RDVY 4.DJUL 5.QQQM 6.VYM 7.VTV 8.DMAR 9.VIG 10.DJUN
2024-12-31	90	$117.7M	1VOO 2QQQ 3RDVY Top holdings2024-12-31 1.VOO 2.QQQ 3.RDVY 4.QQQM 5.DJUL 6.VYM 7.VTV 8.VIG 9.DJUN 10.SPYG

Holding changes this quarter

Position changes disclosed by Hickory Asset Management, INC. for the quarter ending 2025-06-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action

FAQ

What is Hickory Asset Management, INC. and what type of investor is it?

Hickory Asset Management, INC. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2025-06-30), the firm manages a tracked equity portfolio valued at approximately $120.9M, spread across 91 disclosed positions.

What are Hickory Asset Management, INC.'s largest equity positions?

Based on the latest 13F filing, Hickory Asset Management, INC.'s top holdings by market value are: 1. Vanguard S&p 500 ETF (VOO) — $10.6M (8.8%) 2. Invesco Qqq Trust Series 1 (QQQ) — $7.0M (5.8%) 3. First Trust Rising Dividend (RDVY) — $6.7M (5.5%) 4. Invesco Nasdaq 100 ETF (QQQM) — $6.2M (5.1%) 5. Ft Vest US Equity Deep Buffe (DJUL) — $5.8M (4.8%)

What changes did Hickory Asset Management, INC. make in its most recent portfolio filing?

No notable portfolio changes were recorded for Hickory Asset Management, INC. in the most recent quarter. Holdings appear to have remained relatively stable.

What sectors does Hickory Asset Management, INC. focus on?

Hickory Asset Management, INC. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 27.4% • Communication Services: 22.8% • Financials: 19.5% • Consumer Discretionary: 16.6% • Health Care: 6.4% • Consumer Staples: 3.0%