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Townsend & Associates Portfolio holdings

AUM $1.17B
1-Year Est. Return 20.72%
This Fund
S&P 500
This Quarter Est. Return
+2.23%
1 Year Est. Return
+20.72%
3 Year Est. Return
+54.14%
5 Year Est. Return
+61.84%
10 Year Est. Return
–
AUM
$389M
AUM Growth
+$139M
Cap. Flow
+$128M
Cap. Flow %
32.88%
Top 10 Hldgs %
36.15%
Holding
124
New
8
Increased
68
Reduced
30
Closed
1

Top Buys

Rank Stock Value
1
HDV
iShares Core High Dividend ETF
HDV
+$10.6M
2
SHV icon
iShares 0-1 Year Treasury Bond ETF
SHV
+$10.2M
3
IUSV icon
iShares Core S&P US Value ETF
IUSV
+$10.2M
4
ISTB icon
iShares Core 1-5 Year USD Bond ETF
ISTB
+$8.8M
5
TLT icon
iShares 20+ Year Treasury Bond ETF
TLT
+$6.7M

Top Sells

Rank Stock Value
1
MRK icon
Merck
MRK
+$261K
2
BCE icon
BCE
BCE
+$216K
3
PSA icon
Public Storage
PSA
+$180K
4
PVH icon
PVH
PVH
+$175K
5
CVS icon
CVS Health
CVS
+$155K

Sector Composition

Rank Sector Weight
1 Industrials 14.76%
2 Consumer Discretionary 10.19%
3 Financials 9.91%
4 Healthcare 5.23%
5 Consumer Staples 5.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
COST icon
101
Costco
COST
$422B
$316K 0.08%
558
– –
IDV icon
102
iShares International Select Dividend ETF
IDV
$8.45B
$296K 0.08%
10,754
– –
BAC icon
103
Bank of America
BAC
$435B
$290K 0.07%
9,015
-544
-6% -$15.5K
EMR icon
104
Emerson Electric
EMR
$83.9B
$282K 0.07%
3,050
– –
VGT icon
105
Vanguard Information Technology ETF
VGT
$139B
$272K 0.07%
4,792
+8
+0.2% +$402
PNC icon
106
PNC Financial Services
PNC
$99.7B
$240K 0.06%
1,800
– –
NKE icon
107
Nike
NKE
$61.9B
$236K 0.06%
2,183
– –
WMB icon
108
Williams Companies
WMB
$87.5B
$236K 0.06%
+6,951
New +$209K
ADBE icon
109
Adobe
ADBE
$99.5B
$236K 0.06%
+449
New +$181K
INTC icon
110
Intel
INTC
$455B
$232K 0.06%
6,800
-302
-4% -$9.48K
VOE icon
111
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.7B
$230K 0.06%
1,600
– –
CCI icon
112
Crown Castle
CCI
$33.3B
$230K 0.06%
2,082
-16
-0.8% -$1.9K
LOW icon
113
Lowe's Companies
LOW
$117B
$227K 0.06%
970
+2
+0.2% +$416
IXC icon
114
iShares Global Energy ETF
IXC
$2.79B
$227K 0.06%
5,778
– –
AEP icon
115
American Electric Power
AEP
$69.6B
$225K 0.06%
2,567
-229
-8% -$20.2K
EQH icon
116
Equitable Holdings
EQH
$13B
$222K 0.06%
7,679
-864
-10% -$21.9K
MDLZ icon
117
Mondelez International
MDLZ
$79.5B
$219K 0.06%
2,948
– –
CARR icon
118
Carrier Global
CARR
$51B
$216K 0.06%
+4,003
New +$176K
KMB icon
119
Kimberly-Clark
KMB
$36.3B
$213K 0.05%
1,605
– –
BMO icon
120
Bank of Montreal
BMO
$126B
$208K 0.05%
2,225
– –
CRM icon
121
Salesforce
CRM
$151B
$205K 0.05%
+908
New +$185K
VTI icon
122
Vanguard Morningstar Total Stock Market ETF
VTI
$660B
$202K 0.05%
+890
New +$186K
FSCO
123
FS Credit Opportunities Corp
FSCO
$1B
$66.8K 0.02%
+13,406
New +$59.4K
BCE icon
124
BCE
BCE
$20.2B
– –
-4,500
Closed -$216K
1 2 3 4
5

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JAG
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BBCM
Broad Bay Capital Management New York $1.18B AUM 65.45% 1-Year Est. Return
FG
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OA
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MTC
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PWAM
Park West Asset Management San Francisco, California $1.18B AUM 47.25% 1-Year Est. Return
OWSCM
One William Street Capital Management New York $1.18B AUM 38% 1-Year Est. Return

Townsend & Associates's Q2 2023 Portfolio in Review

As of Q2 2023, Townsend & Associates held 124 positions worth $389M, up 56% from $249M the previous quarter. Its ten largest holdings account for 36% of the portfolio.

Townsend & Associates deployed $128M of net new capital in Q2 2023, opening 8 new positions and adding to 68 existing holdings. Its largest new stake was D.R. Horton: 16,033 shares worth $2.1M.

By sector, the portfolio is most concentrated in Industrials at 15% of assets, down from 17% a quarter earlier, followed by Consumer Discretionary and Financials.

On the sell side, the largest reduction was Merck, an estimated $261K trimmed.

  • Townsend & Associates's largest Q2 2023 buy was D.R. Horton: 16,033 shares worth $2.1M.
  • Townsend & Associates added most to iShares Core High Dividend ETF in Q2 2023, an estimated $10.6M increase.
  • Townsend & Associates's biggest Q2 2023 reduction was Merck, cutting an estimated $261K.
  • Townsend & Associates fully exited BCE in Q2 2023, selling an estimated $216K.
  • Townsend & Associates's ten largest holdings make up 36% of its $389M portfolio in Q2 2023.
  • Townsend & Associates opened 8 new positions and closed 1 in Q2 2023.
  • Townsend & Associates's portfolio value rose 56% quarter-over-quarter to $389M.

Based on Townsend & Associates's 13F filing for Q2 2023, filed 31 Jul 2023.