Piedmont Capital Management, LLC
CIK 1656150 · View on SEC EDGAR ↗
- Portfolio value
- $198.0M
- Positions
- 58
- As of
- June 30, 2026
#6,496 of 9,443 by 13F value · top 68.8%
Portfolio value QoQ: +0.7% 13F does not disclose cash
- Top 10 holdings weight
- 74.75%
- Top 25 holdings weight
- 91.38%
- Positions above 1%
- 16
- Effective number of positions
- 13.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 31.89% Est. buys $62,931,497 · sells $66,432,309
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 80.6% still held
- New positions
- 10
- Increased
- 20
- Decreased
- 18
- Closed
- 2
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Consumer Discretionary
5.6%
Healthcare
2.4%
Technology
1.7%
Communications
1.2%
Industrials
1.2%
Energy
0.9%
Consumer Staples
0.7%
Telecommunication
0.6%
Financials
0.5%
Retail
0.4%
Real Estate
0.2%
Financial Services
0.2%
Consumer products
0.1%
Other/Unmapped
84.3%
Full portfolio 58 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| MGC | $29,675,047 | 14.99% | 108,485 | Up ×1 | |||
| VYM | $26,073,700 | 13.17% | 164,700 | $1,771,424 | Up ×1 | ||
| VOO | $17,510,300 | 8.84% | 25,511 | ||||
| FEZ | $17,059,931 | 8.62% | 251,454 | $-6,988,654 | Down ×1 | ||
| IEFA | $14,417,404 | 7.28% | 150,002 | $-2,146,841 | Down ×1 | ||
| SMH SMH | $10,866,896 | 5.49% | 17,512 | ||||
| RWR | $10,548,700 | 5.33% | 92,691 | $-3,019,182 | Down ×1 | ||
| FLOT | $10,422,156 | 5.26% | 204,778 | $441,116 | Up ×6 | ||
| IWC | $6,182,891 | 3.12% | 30,801 | $2,273,380 | Up ×1 | ||
| FRDM | $5,255,242 | 2.65% | 75,263 | $1,235,985 | Up ×1 | ||
| BKLN | $4,996,068 | 2.52% | 245,326 | $237,621 | Up ×6 | ||
| VTI | $3,927,121 | 1.98% | 10,618 | $591,846 | Up ×3 | ||
| ANGL VanEck Fallen Angel High Yield Bond ETF | $3,309,677 | 1.67% | 113,754 | $33,928 | Up ×6 | ||
| Unknown issuer (CUSIP: 474288521) | $3,078,986 | 1.55% | 46,086 | $286,637 | Down ×5 | ||
| CLOI | $2,907,336 | 1.47% | 55,100 | $-32,278 | Down ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $2,369,526 | 1.20% | 20,334 | $693,420 | Down ×3 | ||
| VIG | $1,797,248 | 0.91% | 7,600 | $157,008 | Up ×5 | ||
| KO Coca-Cola Company (The) Common Stock | $1,421,744 | 0.72% | 17,484 | $52,213 | Down ×3 | ||
| AOR | $1,410,121 | 0.71% | 20,351 | $101,480 | Up ×1 | ||
| Unknown issuer (CUSIP: 46090E107) | $1,362,145 | 0.69% | 1,875 | $281,298 | Up ×4 | ||
| JNJ Johnson & Johnson Common Stock | $1,358,260 | 0.69% | 5,358 | $7,517 | Down ×1 | ||
| IBM International Business Machines Corporation Common Stock | $1,324,198 | 0.67% | 4,601 | $164,724 | Down ×2 | ||
| GLDM | $1,260,047 | 0.64% | 15,681 | $-19,271,880 | Down ×4 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $1,238,599 | 0.63% | 9,878 | $11,699 | Down ×1 | ||
| GDX GDX | $1,185,471 | 0.60% | 15,624 | $-12,755,746 | Down ×5 | ||
| VZ Verizon Communications Inc. Common Stock | $1,148,177 | 0.58% | 27,505 | $-218,590 | Down ×1 | ||
| IVV | $1,132,140 | 0.57% | 1,509 | $318,614 | Up ×6 | ||
| BND Vanguard Total Bond Market ETF | $1,107,076 | 0.56% | 15,154 | $28,318 | Up ×4 | ||
| VNQ | $965,535 | 0.49% | 9,934 | $38,709 | Down ×4 | ||
| AMGN Amgen Inc. - Common Stock | $965,168 | 0.49% | 2,678 | $42,664 | Down ×2 | ||
| CVX Chevron Corporation Common Stock | $946,974 | 0.48% | 5,700 | $-185,785 | Down ×1 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $788,990 | 0.40% | 1,846 | $268,759 | |||
| JPM JP Morgan Chase & Co. Common Stock | $786,621 | 0.40% | 2,357 | $88,127 | |||
| XOM Exxon Mobil Corporation Common Stock | $786,227 | 0.40% | 5,765 | $-183,612 | Down ×2 | ||
| AAPL Apple Inc. - Common Stock | $729,013 | 0.37% | 2,473 | $140,452 | Up ×2 | ||
| CAT Caterpillar, Inc. Common Stock | $724,185 | 0.37% | 732 | $200,069 | |||
| STN Stantec Inc Common Stock | $703,928 | 0.36% | 10,458 | $-215,695 | |||
| MSFT Microsoft Corporation - Common Stock | $698,948 | 0.35% | 1,806 | $27,434 | |||
| MMM 3M Company Common Stock | $443,366 | 0.22% | 2,754 | $6,396 | Down ×1 | ||
| SPG Simon Property Group, Inc. Common Stock | $399,924 | 0.20% | 1,802 | $58,886 | Up ×4 | ||
| MGK | $348,658 | 0.18% | 3,960 | $53,305 | Up ×1 | ||
| SPY SPY | $333,055 | 0.17% | 446 | $39,654 | |||
| INTC Intel Corporation - Common Stock | $327,514 | 0.17% | 2,575 | Up ×1 | |||
| HD Home Depot, Inc. (The) Common Stock | $317,236 | 0.16% | 900 | $25,284 | Up ×3 | ||
| NKE Nike, Inc. Common Stock | $312,101 | 0.16% | 7,363 | $12,405 | Up ×2 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $300,453 | 0.15% | 294 | $45,881 | |||
| MOAT | $297,043 | 0.15% | 2,820 | $24,293 | |||
| PG Procter & Gamble Company (The) Common Stock | $273,204 | 0.14% | 1,865 | $19,376 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $254,045 | 0.13% | 2,340 | $-41,556 | |||
| GBCI Glacier Bancorp, Inc. Common Stock | $242,219 | 0.12% | 4,601 | $31,149 | Up ×1 | ||
| GE GE Aerospace Common Stock | $237,261 | 0.12% | 635 | Up ×1 | |||
| ECG Everus Construction Group, Inc. Common Stock | $236,906 | 0.12% | 1,553 | Up ×1 | |||
| ORCL Oracle Corporation Common Stock | $228,843 | 0.12% | 1,599 | $-2,305 | Up ×4 | ||
| AMZN Amazon.com, Inc. - Common Stock | $226,583 | 0.11% | 929 | Up ×1 | |||
| ABBV AbbVie Inc. Common Stock | $220,976 | 0.11% | 879 | ||||
| XLRE XLRE | $209,285 | 0.11% | 4,720 | ||||
| LLY Eli Lilly and Company Common Stock | $206,238 | 0.10% | 174 | Up ×1 | |||
| GUT Gabelli Utility Trust (The) Common Stock | $164,543 | 0.08% | 24,977 | $14,681 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| FLOT | $10,422,156 | 5.26% | up ×6 |
| BKLN | $4,996,068 | 2.52% | up ×6 |
| VTI | $3,927,121 | 1.98% | up ×3 |
| ANGL | $3,309,677 | 1.67% | up ×6 |
| VIG | $1,797,248 | 0.91% | up ×5 |
| None | $1,362,145 | 0.69% | up ×4 |
| IVV | $1,132,140 | 0.57% | up ×6 |
| BND | $1,107,076 | 0.56% | up ×4 |
| SPG | $399,924 | 0.20% | up ×4 |
| HD | $317,236 | 0.16% | up ×3 |
| ORCL | $228,843 | 0.12% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| FEZ | Trimmed | -131K | -$7.0M |
| RWR | Trimmed | -39K | -$3.0M |
| IWC | Bought more | +7K | +$2.3M |
| IEFA | Trimmed | -30K | -$2.1M |
| VYM | Bought more | +877 | +$1.8M |
| FRDM | Bought more | +3K | +$1.2M |
| CSCO | Trimmed | -717 | +$693K |
| VTI | Bought more | +348 | +$592K |
| FLOT | Bought more | +8K | +$441K |
| IVV | Bought more | +278 | +$319K |
2 positions hidden (data completeness check)
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.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| MGK | March 31, 2025 | 126,385 | $43,271,926 | No longer tracked |
| HDV | June 30, 2025 | 333,398 | $36,143,677 | No longer tracked |
| VUG | March 31, 2026 | 48,641 | $23,730,047 | No longer tracked |
| PVAL | June 30, 2026 | 486,775 | $22,793,241 | No longer tracked |
| SPHQ | Sept. 30, 2025 | 283,226 | $20,182,665 | No longer tracked |
| VOO | March 31, 2026 | 22,224 | $13,937,578 | No longer tracked |
| VOO | March 31, 2025 | 25,146 | $13,523,399 | No longer tracked |
| RWR | March 31, 2025 | 111,512 | $10,913,679 | No longer tracked |
| SMH | March 31, 2025 | 35,388 | $8,670,446 | 165.6% |
| ARGT | Sept. 30, 2025 | 20,102 | $1,703,242 | No longer tracked |
| FLIN | March 31, 2025 | 36,599 | $1,405,109 | No longer tracked |
| SLV | March 31, 2026 | 20,120 | $1,296,130 | No longer tracked |
| GLD | March 31, 2026 | 2,715 | $1,075,982 | No longer tracked |
| HPE | March 31, 2025 | 29,000 | $622,558 | 247.2% |
| HPQ | March 31, 2025 | 18,000 | $585,882 | 7.0% |
| XLRE | March 31, 2026 | 13,357 | $538,935 | No longer tracked |
| IWP | June 30, 2026 | 2,229 | $289,124 | No longer tracked |
| GBCI | March 31, 2025 | 5,256 | $261,514 | 7.0% |
| ORCL | March 31, 2025 | 1,392 | $231,174 | 4.8% |
| AAPL | March 31, 2025 | 930 | $226,613 | 38.7% |
| WMT | March 31, 2025 | 2,374 | $213,921 | 17.5% |
| PG | Sept. 30, 2025 | 1,320 | $210,302 | -6.7% |
| DOW | Sept. 30, 2025 | 7,726 | $204,583 | 43.2% |
| ABBV | March 31, 2026 | 889 | $203,013 | 21.3% |
| TU | March 31, 2026 | 11,999 | $158,027 | -21.8% |
| NAK | Dec. 31, 2025 | 10,000 | $11,650 | No longer tracked |