Latest TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV Stock Portfolio

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV Performance:

2024 Q4: 1.24%YTD: 14.97%2023: 16.92%

Performance for 2024 Q4 is 1.24%, and YTD is 14.97%, and 2023 is 16.92%.

About TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV reported an equity portfolio of $273.7 Millions as of 31 Dec, 2024.

The top stock holdings of TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV are QQQ, JAMF, AMZN. The fund has invested 7.2% of it's portfolio in INVESCO QQQ TR and 5.1% of portfolio in WISDOMTREE TR.

The fund managers got completely rid off MONDELEZ INTL INC (MDLZ), ASML HOLDING N V and UFP TECHNOLOGIES INC (UFPT) stocks. They significantly reduced their stock positions in CONSTELLATION BRANDS INC (STZ), WALMART INC (WMT) and VANGUARD INDEX FDS (VB). TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV opened new stock positions in TESLA INC (TSLA), NATERA INC (NTRA) and PALANTIR TECHNOLOGIES INC (PLTR). The fund showed a lot of confidence in some stocks as they added substantially to SCHWAB STRATEGIC TR (FNDA), AMGEN INC (AMGN) and SCHLUMBERGER LTD (SLB).

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV Annual Return Estimates Vs S&P 500

Our best estimate is that TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV made a return of 1.24% in the last quarter. In trailing 12 months, it's portfolio return was 14.97%.

New Buys

Ticker	$ Bought
tesla inc	222,516
natera inc	204,207
palantir technologies inc	203,823
ishares tr	4,368

New stocks bought by TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV

Additions

Ticker	% Inc.
schwab strategic tr	296
schwab strategic tr	200
schwab strategic tr	200
schwab strategic tr	197
schwab strategic tr	195
schwab strategic tr	181
schwab strategic tr	178
schwab strategic tr	102

Additions to existing portfolio by TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV

Reductions

Ticker	% Reduced
constellation brands inc	-78.59
walmart inc	-55.07
vanguard index fds	-24.81
ishares tr	-20.87
american tower corp new	-20.02
invesco exch traded fd tr ii	-15.88
pepsico inc	-15.87
conocophillips	-15.09

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV reduced stake in above stock

Sold off

Ticker	$ Sold
hashicorp inc	-205,158
mondelez intl inc	-355,163
ishares tr	-198,457
nextera energy inc	-232,703
arch cap group ltd	-230,249
becton dickinson & co	-239,895
l3harris technologies inc	-207,926
ufp technologies inc	-250,510

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV got rid off the above stocks

Sector Distribution

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV has about 31.2% of it's holdings in Others sector.

Sector	%
Others	31.2
Technology	21.2
Financial Services	12.8
Consumer Cyclical	10.2
Industrials	5.8
Healthcare	5.6
Consumer Defensive	4.5
Communication Services	2.7
Energy	2.3
Utilities	2.1

Market Cap. Distribution

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV has about 57.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	32.6
UNALLOCATED	31.2
LARGE-CAP	25.3
MID-CAP	10.1

Stocks belong to which Index?

About 64.8% of the stocks held by TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	58.9
Others	35.2
RUSSELL 2000	5.9

Top 5 Winners (%)		%
AVGO	broadcom inc	34.4 %
TSLA	tesla inc	25.7 %
NFLX	netflix inc	25.7 %
PLTR	palantir technologies inc	17.6 %
AMZN	amazon com inc	17.1 %

Top 5 Winners ($)		$
AMZN	amazon com inc	2.0 M
V	visa inc	1.4 M
JPM	jpmorgan chase & co.	1.2 M
QQQ	invesco qqq tr	0.9 M
OWL	blue owl capital inc	0.9 M

Top 5 Losers (%)		%
AMD	advanced micro devices inc	-25.6 %
AOS	smith a o corp	-24.0 %
AMT	american tower corp new	-19.1 %
BALL	ball corp	-18.6 %
DHR	danaher corporation	-17.2 %

Top 5 Losers ($)		$
QCOM	qualcomm inc	-1.1 M
DHR	danaher corporation	-1.0 M
ZTS	zoetis inc	-0.8 M
AMT	american tower corp new	-0.6 M
WYNN	wynn resorts ltd	-0.4 M

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV

TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV has 184 stocks in it's portfolio. About 41.2% of the portfolio is in top 10 stocks. QCOM proved to be the most loss making stock for the portfolio. AMZN was the most profitable stock for TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV last quarter.

Last Reported on: 06 Feb, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	QQQ	invesco qqq tr	7.15	38,263	19,561,000	reduced	-1.02
Historical Trend of INVESCO QQQ TR Position Held By TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV What % of Portfolio is QQQ?: Number of QQQ shares held: Change in No. of Shares Held:
	JAMF	wisdomtree tr	5.12	173,113	14,010,000	added	0.11

	AMZN	amazon com inc	4.96	61,873	13,574,300	added	6.85

	QCOM	qualcomm inc	4.06	72,346	11,113,700	added	6.8

	JPM	jpmorgan chase & co.	3.82	43,584	10,447,600	added	1.69

	V	visa inc	3.82	33,039	10,441,500	added	0.19

	AAPL	apple inc	3.36	36,726	9,196,940	reduced	-13.02

	MSFT	microsoft corp	3.22	20,919	8,817,170	added	0.59

	WAB	wabtec	3.06	44,239	8,387,210	reduced	-5.11

	COST	costco whsl corp new	2.61	7,789	7,136,560	reduced	-1.37

	MAR	marriott intl inc new	2.39	23,432	6,536,060	reduced	-10.81

	OWL	blue owl capital inc	2.25	264,953	6,162,800	added	16.46

	GOOG	alphabet inc	1.83	26,439	5,004,930	added	1.23

	DHR	danaher corporation	1.79	21,315	4,892,860	added	2.46

	CGGR	capital group growth etf	1.77	130,497	4,850,570	added	0.78

	VB	vanguard index fds	1.57	7,962	4,290,150	added	0.5

	IJR	ishares tr	1.45	30,312	3,979,690	added	3.18

	FNDA	schwab strategic tr	1.43	140,017	3,902,270	added	296

	ZTS	zoetis inc	1.43	23,941	3,900,690	added	0.95

	PH	parker-hannifin corp	1.42	6,099	3,879,390	added	14.54