HICKORY ASSET MANAGEMENT, INC.

CIK 2053626 · View on SEC EDGAR ↗

Portfolio value
$120.9M
#8,008 of 9,443 by 13F value · top 84.8%
Positions
91
As of
June 30, 2025 Data as of Q2 2025

Portfolio value QoQ: +7.4% 13F does not disclose cash

Top 10 holdings weight
46.11%
Top 25 holdings weight
71.91%
Positions above 1%
30
Effective number of positions
32.7

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2025: 2.78% Est. buys $3,241,991 · sells $4,713,325

New positions
5
Increased
37
Decreased
38
Closed
3
On this page

Sector breakdown

Technology
6.1%
Communication Services
4.8%
Financial Services
3.7%
Health Care
3.3%
Retail
2.2%
Consumer Discretionary
1.9%
Consumer Staples
0.9%
Industrials
0.9%
Financials
0.8%
Materials
0.7%
Energy
0.5%
Other/Unmapped
74.1%

Full portfolio 91 positions

Type Streak 8Q trend
VOO $10,579,482 8.75% 18,625 $911,795 Down ×2
QQQ Invesco QQQ Trust, Series 1 $7,016,553 5.80% 12,719 $951,759 Down ×2
RDVY First Trust Rising Dividend Achievers ETF $6,706,841 5.55% 106,899 $666,124 Up ×2
QQQM Invesco NASDAQ 100 ETF $6,196,070 5.12% 27,283 $852,393 Down ×2
DJUL $5,792,535 4.79% 130,397 $364,317 Down ×2
VYM $4,699,948 3.89% 35,256 $8,808 Down ×2
VTV $4,215,923 3.49% 23,854 $85,931 Down ×2
DMAR $3,736,199 3.09% 94,420 $178,557
VIG $3,435,008 2.84% 16,783 $105,578 Down ×2
DJUN $3,376,808 2.79% 75,004 $325,685 Up ×1
SPYG $3,177,275 2.63% 33,333 $459,828 Down ×2
FPE $2,562,677 2.12% 143,971 $31,971 Up ×2
PYLD $2,439,163 2.02% 91,905 $1,171,941 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $2,347,955 1.94% 3,181 $544,852 Up ×1
VUG $2,256,441 1.87% 5,147 $347,834
MSFT Microsoft Corporation - Common Stock $2,213,768 1.83% 4,451 $542,594 Down ×2
SPGP $2,170,157 1.79% 20,150 $-330,250 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $2,093,527 1.73% 11,880 $251,893 Down ×2
DFEB $2,044,941 1.69% 45,805 $96,346 Down ×1
DAUG $1,874,908 1.55% 45,005 $127,279 Down ×2
BKNG Booking Holdings Inc. - Common Stock $1,839,423 1.52% 318 $386,750 Up ×1
AMZN Amazon.com, Inc. - Common Stock $1,694,788 1.40% 7,725 $234,542 Up ×1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF $1,545,540 1.28% 43,808 $-329,721 Down ×2
SCHW Charles Schwab Corporation (The) Common Stock $1,544,955 1.28% 16,933 $230,177 Up ×1
V Visa Inc. $1,395,677 1.15% 3,931 $26,723 Up ×1
DMAY $1,308,316 1.08% 30,561 $166,238 Up ×1
MOAT $1,283,315 1.06% 13,683 $-493,559 Down ×2
VOE $1,268,820 1.05% 7,715 $-33,329 Down ×1
RSP $1,214,925 1.00% 6,685 $50,002 Down ×2
COWZ $1,210,384 1.00% 21,967 $-164,021 Down ×2
MA Mastercard Incorporated Common Stock $1,085,808 0.90% 1,932 $27,651 Up ×1
ELV Elevance Health, Inc. Common Stock $1,012,471 0.84% 2,603 $-97,763 Up ×1
FPEI $943,118 0.78% 49,664 $27,122 Up ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $919,241 0.76% 4,059 $245,507
DNOV $903,384 0.75% 20,215 $56,032
PM Philip Morris International Inc Common Stock $771,166 0.64% 4,234 $104,807 Up ×1
SPYV $770,812 0.64% 14,727 $-1,510 Down ×1
DIS Walt Disney Company (The) Common Stock $763,630 0.63% 6,158 $146,820 Down ×2
CALF $713,389 0.59% 17,918 $-110,050 Down ×2
IQV IQVIA Holdings, Inc. Common Stock $685,674 0.57% 4,351 $-121,075 Down ×2
VCSH Vanguard Short-Term Corporate Bond ETF $671,808 0.56% 8,450 $11,738 Up ×2
AMAT Applied Materials, Inc. - Common Stock $664,668 0.55% 3,631 $288,057 Up ×2
VRIG Invesco Variable Rate Investment Grade ETF $641,906 0.53% 25,625 $-439,493 Down ×1
PFFD $639,424 0.53% 33,958 $-11,732 Down ×1
JPM JP Morgan Chase & Co. Common Stock $630,215 0.52% 2,174 $109,723 Up ×1
ADSK Autodesk, Inc. - Common Stock $577,967 0.48% 1,867 $82,641 Down ×2
AAPL Apple Inc. - Common Stock $577,540 0.48% 2,815 $-139,985 Down ×1
APD Air Products and Chemicals, Inc. Common Stock $573,000 0.47% 2,031 $-15,721 Up ×1
COR Cencora, Inc. Common Stock $551,272 0.46% 1,838 $-133,341 Down ×2
ORCL Oracle Corporation Common Stock $537,792 0.44% 2,460 $201,973 Up ×1
QSPT $535,405 0.44% 18,100 $55,652
VEEV Veeva Systems Inc. Class A Common Stock $499,645 0.41% 1,735 $97,767
SNOV $493,416 0.41% 21,360 $22,214
ULXXXX $451,582 0.37% 7,382 $15,447 Up ×1
QCOM QUALCOMM Incorporated - Common Stock $445,710 0.37% 2,799 $6,963 Down ×2
NVS Novartis AG Common Stock $419,354 0.35% 3,465 $33,025
GOOG Alphabet Inc. - Class C Capital Stock $415,813 0.34% 2,344 $49,865 Up ×2
ADI Analog Devices, Inc. - Common Stock $407,535 0.34% 1,712 $72,673 Up ×1
BK The Bank of New York Mellon Corporation Common Stock $392,071 0.32% 4,303 $33,084 Up ×1
CRM Salesforce, Inc. Common Stock $391,315 0.32% 1,435 $13,684 Up ×1
DAPR $377,062 0.31% 10,000
NSC Norfolk Southern Corporation Common Stock $373,949 0.31% 1,461 $29,837 Up ×1
KMX CarMax Inc $365,488 0.30% 5,438 $-84,266 Down ×2
BAC Bank of America Corporation Common Stock $358,588 0.30% 7,578 $43,969 Up ×1
FTSM First Trust Enhanced Short Maturity ETF $354,593 0.29% 5,923 $4,040 Up ×1
CHKP Check Point Software Technologies Ltd. - Ordinary Shares $350,239 0.29% 1,583 $-195,629 Down ×2
COP ConocoPhillips Common Stock $346,678 0.29% 3,863 $-56,247 Up ×2
EBAY eBay Inc. - Common Stock $335,046 0.28% 4,500 $31,355 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $329,411 0.27% 1,056 $-220,539 Up ×1
DOCT $319,921 0.26% 7,790 $1,999 Down ×2
DEO Diageo plc Common Stock $312,190 0.26% 3,096 $-6,634 Up ×1
PPA $307,568 0.25% 2,171 $-93,742 Down ×2
MCK McKesson Corporation Common Stock $305,783 0.25% 417 $25,227
ADBE Adobe Inc. - Common Stock $290,160 0.24% 750 $4,047 Up ×1
ECL Ecolab Inc. Common Stock $285,785 0.24% 1,061 $17,607 Up ×1
GD General Dynamics Corporation Common Stock $276,611 0.23% 948 $19,357 Up ×1
XOM Exxon Mobil Corporation Common Stock $274,376 0.23% 2,545 $-30,776 Down ×2
TSLA Tesla, Inc. - Common Stock $250,951 0.21% 790 $46,215
RTX RTX Corporation Common Stock $250,459 0.21% 1,715 $24,249 Up ×1
LOW Lowe's Companies, Inc. Common Stock $246,875 0.20% 1,113 $-11,530 Up ×2
RWL $244,977 0.20% 2,349 Up ×1
RDVI $241,388 0.20% 9,769 $-1,537 Down ×2
MDT Medtronic plc. Ordinary Shares $236,405 0.20% 2,712 $-12,058 Down ×2
MCD McDonald's Corporation Common Stock $235,789 0.19% 807 $-16,112 Up ×1
JPST $232,368 0.19% 4,585 $-65,590 Down ×2
CMCSA Comcast Corporation - Class A Common Stock $227,846 0.19% 6,384 $-8,320 Down ×2
BA Boeing Company (The) Common Stock $214,768 0.18% 1,025 Up ×1
DES $214,387 0.18% 6,750 $-2,183 Down ×2
DDEC $212,983 0.18% 5,100
VHT $203,353 0.17% 819 Up ×1
DNN $18,200 0.02% 10,000 $5,200

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
DAPR $377,062 10,000 0.31%
RWL $244,977 2,349 0.20%
BA $214,768 1,025 0.18%
DDEC $212,983 5,100 0.18%
VHT $203,353 819 0.17%

Top movers (QoQ)

Security Action Shares Δ Value Δ
PYLD Bought more +44K +$1.2M
QQQ Trimmed -215 +$952K
VOO Trimmed -187 +$912K
QQQM Trimmed -402 +$852K
RDVY Bought more +4K +$666K
META Bought more +53 +$545K
MSFT Trimmed -1 +$543K
MOAT Trimmed -7K -$494K
SPYG Trimmed -479 +$460K
VRIG Trimmed -17K -$439K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
DAPR March 31, 2025 12,995 $483,535 No longer tracked
SBUX March 31, 2025 4,475 $408,359 5.7%
QQQE June 30, 2025 3,234 $281,932
BDX June 30, 2025 1,037 $237,448 39.4%
XLV June 30, 2025 1,413 $206,273 No longer tracked
DDEC March 31, 2025 5,100 $204,714 No longer tracked