Stocks/Funds/CIK 1729359

Townsend & Associates, Inc

long-term holder
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1729359
Assets
$1.15B
+19.5% YoY
Holdings
111
Lifetime alpha vs market
-0.39% annual
Average hold time
3.8 yr
median 3.5 yr

Quarterly history

Cum return +50% vs S&P +52% · α -2% lifetimeAUM $1.1B · peak $1.1BFlow $-48M (-4%)2017-122019-032020-062021-092022-122024-032025-062026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+3.35%
adds when stocks drop
when a holding falls −10%+
Middle response
+3.72%
steady accumulation
Rally response
+6.96%
adds into rallies
when a holding rises +10%+

Top positions · 30

Ticker$ value% portYoYHold time
SHViShares 0–1 Year Treas$71M6.2%4.5 yr
ISTBiShares Core 1-5 Year US$59M5.1%5.3 yr
BHPBHP Group Limited$50M4.3%+56.1%3.8 yr
JIIIJanus Henderson Income E$46M4.0%1.5 yr
GLDSPDR Gold Shares$46M4.0%3.8 yr
TLTiShares 20+ Year Treasur$46M4.0%4.5 yr
NTRNutrien Ltd.$44M3.9%+56.2%3.8 yr
MYRGMYR Group Inc.$36M3.1%+149.6%3.8 yr
HDViShares Core High Divide$35M3.1%7.8 yr
IUSViShares Core S&P U.S. Va$34M3.0%5.3 yr
CSPFCohen & Steers Preferred$34M2.9%0.5 yr
AIGAmerican International G$32M2.8%-11.5%3.5 yr
EFViShares MSCI EAFE Value $31M2.7%4.5 yr
GNKGenco Shipping & Trading$30M2.6%+77.7%3.8 yr
TOTB.DETotalEnergies SE$29M2.5%+41.2%0.5 yr

Portfolio composition (YoY)

Industry mix
Asset Management25.0%-1.0pp$286M
Asset Management - Bonds15.3%-0.9pp$176M
Insurance - Diversified4.5%-1.5pp$51M
Industrial Materials4.3%+2.6pp$50M
Agricultural Inputs3.9%+0.1pp$44M
Engineering & Construction3.1%+1.7pp$36M
Marine Shipping2.6%+1.0pp$30M
Aerospace & Defense2.6%+0.3pp$30M
Oil & Gas Integrated2.6%+0.5pp$30M
Industrial - Machinery2.4%+1.1pp$28M
Country
US85.2%+0.8pp
AU4.3%+2.6pp
CA3.9%+0.2pp
FR2.5%+0.5pp
GB2.1%-3.1pp
IE1.9%-1.1pp
Unknown0.1%
CH0.0%+0.0pp
Top 5: 23.7% · Top 10: 40.7% · Top 25: 72.4%

Winners

TickerPrev $PnLYoY %
MYRG$14M+0.02B149.6%
NTR$36M+0.02B56.2%
GNK$15M+0.01B77.7%
BHP$17M+0.01B56.1%
RTX$18M+0.01B48.1%

Losers

TickerPrev $PnLYoY %
AIG$34M-0.00B-11.5%
DIS$12M-0.00B-1.3%

Top buys this quarter · 15

FANG Diamondback Energy, Inc.+$22M
AIG American International Group, +$1M
DEO Diageo plc+$13M
KR The Kroger Co.+$1M
WM Waste Management, Inc.+$0M
NOMD Nomad Foods Limited+$8M
WRB W. R. Berkley Corporation+$0M
EW Edwards Lifesciences Corporati+$16M
AZO AutoZone, Inc.+$0M
TJX The TJX Companies, Inc.+$0M

Top sells this quarter · 15

WMT Walmart Inc.exit$19M
MYRG MYR Group Inc.$28M
HUBB Hubbell Incorporatedexit$1M
GNRC Generac Holdings Inc.$20M
BHP BHP Group Limited$41M
BKNG Booking Holdings Inc.exit$0M
FTLF FitLife Brands, Inc.exit$0M
TSM Taiwan Semiconductor Manufactuexit$0M
GNK Genco Shipping & Trading Limit$25M
GOOG Alphabet Inc.$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$1.15B111+22.28%+17.59%+4.69%-0.05B
2025-12-31$1.12B115+17.70%+17.72%-0.02%+0.04B
2025-09-30$1.05B112+10.76%+17.52%-6.75%-0.03B
2025-06-30$1.01B112+12.03%+14.94%-2.91%+0.01B
2025-03-31$959M99+2.12%+8.30%-6.18%-0.04B
2024-12-31$976M102+13.19%+24.89%-11.70%+0.04B
2024-09-30$974M102+30.78%+36.04%-5.26%-0.00B
2024-06-30$901M104+14.79%+24.49%-9.70%+0.08B
2024-03-31$858M104+24.46%+29.62%-5.16%-0.05B
2023-12-31$799M105+10.30%+26.18%-15.88%+0.27B
2023-09-30$474M98+10.51%+21.57%-11.05%+0.10B
2023-06-30$389M123+10.46%+19.42%-8.97%+0.13B
2023-03-31$249M116-3.60%-7.82%+4.22%+0.05B
2022-12-31$202M109+11.48%+7.56%+3.92%-0.04B
2022-09-30$216M91-4.77%-4.93%+0.16%+0.01B
2022-06-30$216M78-9.87%-16.11%+6.24%+0.02B