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TAM

Townsend Asset Management Portfolio holdings

AUM $312M
1-Year Est. Return 23.71%
This Fund
S&P 500
This Quarter Est. Return
+7.82%
1 Year Est. Return
+23.71%
3 Year Est. Return
+76.99%
5 Year Est. Return
+95.47%
10 Year Est. Return
–
AUM
$193M
AUM Growth
-$6.02M
Cap. Flow
-$16.7M
Cap. Flow %
-8.64%
Top 10 Hldgs %
35.86%
Holding
217
New
19
Increased
72
Reduced
66
Closed
16

Top Buys

Rank Stock Value
1
QQQ icon
Invesco QQQ Trust
QQQ
+$3.66M
2
QCOM icon
Qualcomm
QCOM
+$1.61M
3
CGGR icon
Capital Group Growth ETF
CGGR
+$1.52M
4
PYPL icon
PayPal
PYPL
+$886K
5
AMZN icon
Amazon
AMZN
+$660K

Top Sells

Rank Stock Value
1
PG icon
Procter & Gamble
PG
+$5.06M
2
KO icon
Coca-Cola
KO
+$3.63M
3
AAPL icon
Apple
AAPL
+$2.91M
4
JNJ icon
Johnson & Johnson
JNJ
+$2.42M
5
DE icon
Deere & Co
DE
+$2.07M

Sector Composition

Rank Sector Weight
1 Technology 14.94%
2 Financials 10.71%
3 Consumer Discretionary 9.56%
4 Healthcare 9%
5 Consumer Staples 7.79%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SJNK icon
201
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.75B
$75 ﹤0.01%
+3
New +$74
CL icon
202
Colgate-Palmolive
CL
$74.4B
– –
-18,000
Closed -$1.42M
CTVA icon
203
Corteva
CTVA
$52.5B
– –
-8,048
Closed -$473K
DD icon
204
DuPont de Nemours
DD
$19.9B
– –
-6,595
Closed -$568K
DOW icon
205
Dow Inc
DOW
$21.4B
– –
-10,946
Closed -$552K
F icon
206
Ford
F
$56.3B
– –
-15,825
Closed -$184K
IHI icon
207
iShares US Medical Devices ETF
IHI
$3.34B
– –
-150
Closed -$7.89K
IOO icon
208
iShares Global 100 ETF
IOO
$9.18B
– –
-742
Closed -$47.6K
ITB icon
209
iShares US Home Construction ETF
ITB
$2.34B
– –
-133
Closed -$8.06K
KRE icon
210
State Street SPDR S&P Regional Banking ETF
KRE
$4.71B
– –
-169
Closed -$9.93K
MCHI icon
211
iShares MSCI China ETF
MCHI
$6.32B
– –
-99
Closed -$4.7K
MMM icon
212
3M
MMM
$93.9B
– –
-4,745
Closed -$476K
SCZ icon
213
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
– –
-42
Closed -$2.36K
VLUE icon
214
iShares MSCI USA Value Factor ETF
VLUE
$9.42B
– –
-45
Closed -$4.14K
VZ icon
215
Verizon
VZ
$193B
– –
-7,943
Closed -$313K
WM icon
216
Waste Management
WM
$89.7B
– –
-10,000
Closed -$1.57M
XLI icon
217
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
– –
-92
Closed -$9.04K
5 6 7 8
9

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Townsend Asset Management's Q1 2023 Portfolio in Review

As of Q1 2023, Townsend Asset Management held 217 positions worth $193M, down 3% from $199M the previous quarter. Its ten largest holdings account for 36% of the portfolio.

Townsend Asset Management withdrew a net $16.7M in Q1 2023, closing 16 positions and reducing 66 holdings. Its most notable exit was Waste Management, an estimated $1.57M position sold in full.

By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 13% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Townsend Asset Management opened a new position in Capital Group Growth ETF worth $1.57M.

  • Townsend Asset Management's largest Q1 2023 buy was Capital Group Growth ETF: 69,865 shares worth $1.57M.
  • Townsend Asset Management added most to Invesco QQQ Trust in Q1 2023, an estimated $3.66M increase.
  • Townsend Asset Management's biggest Q1 2023 reduction was Procter & Gamble, cutting an estimated $5.06M.
  • Townsend Asset Management fully exited Waste Management in Q1 2023, selling an estimated $1.57M.
  • Townsend Asset Management's ten largest holdings make up 36% of its $193M portfolio in Q1 2023.
  • Townsend Asset Management opened 19 new positions and closed 16 in Q1 2023.
  • Townsend Asset Management's portfolio value fell 3% quarter-over-quarter to $193M.

Based on Townsend Asset Management's 13F filing for Q1 2023, filed 28 Apr 2023.