Piedmont Capital Management, LLC/NC

CIK 2108281 · View on SEC EDGAR ↗

Portfolio value QoQ: +2.9% 13F does not disclose cash

Top 10 holdings weight55.67%

Top 25 holdings weight76.15%

Positions above 1%18

Effective number of positions20.6

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

Turnover Q3 2026: 2.07% Est. buys $5,697,221 · sells $3,441,190

Median holding: 4.0 quarters Tracked Q4 2025–Q3 2026 · 85.0% still held

New positions11

Increased21

Decreased35

Closed9

Portfolio value $168.5M #7,151 of 9,339 by 13F value · top 76.6%

Positions 125

As of Sept. 30, 2026

Sector breakdown

Technology 14.6%

Financials 11.1%

Communication Services 4.7%

Retail 2.2%

Healthcare 2.1%

Consumer Staples 1.7%

Industrials 1.4%

Consumer Discretionary 0.8%

Energy 0.8%

Consumer products 0.3%

Utilities 0.2%

Other/Unmapped 60.1%

Full portfolio 125 positions

Search positions by ticker or company name

					Streak
VOO Vanguard S&P 500 ETF	$26,628,576	15.80%	37,994	$1,268,852	Up ×2
VEA VANGUARD TAX-MANAGED FUNDS	$11,851,088	7.03%	167,839	$-124	Up ×3
FLQM Franklin U.S. Mid Cap Multifactor Index ETF	$9,577,701	5.68%	166,743	$-431,588	Down ×2
LVHI Legg Mason ETF Investment Trust	$8,406,677	4.99%	201,551	$640,468	Up ×3
SPY SPY	$7,990,495	4.74%	10,478	$147,504	Down ×1
IWD iShares Trust	$6,818,075	4.05%	27,500	$151,250
BRK-A (filed as BRKA) Berkshire Hathaway Inc. Class A	$6,723,045	3.99%	9	$-16,605
IVV iShares Core S&P 500 ETF	$5,620,573	3.34%	7,339	$134,954	Up ×1
AAPL Apple Inc. - Common Stock	$5,175,710	3.07%	15,542	$717,037	Up ×2
NVDA NVIDIA Corporation - Common Stock	$5,015,109	2.98%	21,959	$561,808	Down ×3
SCHG SCHWAB STRATEGIC TRUST	$4,749,587	2.82%	132,190	$505,307	Up ×1
EAGL 2023 ETF Series Trust	$4,149,448	2.46%	121,935	$243,527	Up ×2
MSFT Microsoft Corporation - Common Stock	$3,863,348	2.29%	7,532	$1,061,833	Up ×1
SCHD SCHWAB STRATEGIC TRUST	$3,385,876	2.01%	104,085	$437,331	Up ×2
GOOGL Alphabet Inc. - Class A Common Stock	$3,195,471	1.90%	9,287	$-143,437	Down ×2
AXP American Express Company Common Stock	$2,080,044	1.23%	6,840	$-247,793	Down ×3
AMZN Amazon.com, Inc. - Common Stock	$1,881,581	1.12%	7,552	$117,388	Up ×3
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B	$1,822,995	1.08%	3,661	$-22,944	Down ×3
VTI Vanguard Morningstar Total Stock Market ETF	$1,663,776	0.99%	4,446	$41,984	Up ×2
AMD Advanced Micro Devices, Inc. - Common Stock	$1,484,130	0.88%	2,426	$54,510	Down ×1
META Meta Platforms, Inc. - Class A Common Stock	$1,442,383	0.86%	1,989	$324,816	Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd.	$1,294,667	0.77%	2,838	$-127,059	Down ×1
FXNC First National Corporation - Common Stock	$1,262,018	0.75%	42,955	$-27,491
SPOT Spotify Technology S.A. Ordinary Shares	$1,115,613	0.66%	2,289	$59,614	Down ×1
FRDM Freedom 100 Emerging Markets ETF	$1,111,035	0.66%	15,881	$766,145	Up ×1
VB Vanguard Morningstar Small-Cap ETF	$1,109,511	0.66%	3,900	$-72,657
WEST Westrock Coffee Company - Common Stock	$1,105,404	0.66%	137,488	$-9,624
AVGO Broadcom Inc. - Common Stock	$1,096,064	0.65%	3,121	$-85,916	Down ×2
MU Micron Technology, Inc. - Common Stock	$1,043,808	0.62%	980	$-309,020	Down ×1
LLY Eli Lilly and Company Common Stock	$1,007,817	0.60%	871	$-36,887
PM Philip Morris International Inc Common Stock	$901,052	0.53%	4,722	$46,795
SCHV SCHWAB STRATEGIC TRUST	$884,381	0.52%	26,550	$-39,825
BK The Bank of New York Mellon Corporation Common Stock	$848,255	0.50%	5,865	$117
AMAT Applied Materials, Inc. - Common Stock	$806,958	0.48%	1,578	$-333,936
V Visa Inc.	$790,885	0.47%	2,201	$35,744
MS Morgan Stanley Common Stock	$787,115	0.47%	4,185	$-87,717
JPM JP Morgan Chase & Co. Common Stock	$750,322	0.45%	2,268	$7,938
GOOG Alphabet Inc. - Class C Capital Stock	$750,309	0.45%	2,202	$-27,724
HD Home Depot, Inc. (The) Common Stock	$715,492	0.42%	2,515	$-202,887	Down ×2
IWR iShares Trust	$709,408	0.42%	6,648	$-23,999
MRK Merck & Company, Inc. Common Stock (new)	$707,078	0.42%	4,866	$94,518	Up ×2
ADI Analog Devices, Inc. - Common Stock	$683,531	0.41%	1,723	$-793
Unknown issuer (CUSIP: 30233Q108)	$680,458	0.40%	4,181		Up ×1
TSLA Tesla, Inc. - Common Stock	$675,558	0.40%	1,904	$-160,174	Down ×2
AMP Ameriprise Financial, Inc. Common Stock	$663,688	0.39%	1,348	$45,280
DASH DoorDash, Inc. - Common Stock	$636,368	0.38%	3,467	$-3,398
BAC Bank of America Corporation Common Stock	$621,645	0.37%	11,421	$-29,124
CSCO Cisco Systems, Inc. - Common Stock	$610,154	0.36%	5,669	$-55,727
ITOT iShares Trust	$597,111	0.35%	3,591	$7,217
DGRO iShares Trust	$592,641	0.35%	7,861	$-3,144
TXN Texas Instruments Incorporated - Common Stock	$591,550	0.35%	2,112	$-38,272	Down ×2
ORCL Oracle Corporation Common Stock	$573,090	0.34%	4,174	$-37,291	Up ×1
ABBV AbbVie Inc. Common Stock	$567,912	0.34%	2,171	$21,602
VGT Vanguard Information Tech ETF	$567,023	0.34%	4,512	$-114,042	Down ×1
ASML ASML Holding N.V. - New York Registry Shares	$559,806	0.33%	309	$-39,015	Up ×2
IJH iShares Trust	$557,613	0.33%	7,750	$-39,990
MA Mastercard Incorporated Common Stock	$554,779	0.33%	1,006	$35,016	Down ×1
EFA iShares Trust	$523,398	0.31%	5,038	$51
WMT Walmart Inc. - Common Stock	$512,326	0.30%	4,930	$-46,046
PG Procter & Gamble Company (The) Common Stock	$506,301	0.30%	3,485	$-11,925	Down ×3
JNJ Johnson & Johnson Common Stock	$491,093	0.29%	1,855	$21,756	Up ×1
CAT Caterpillar, Inc. Common Stock	$428,097	0.25%	528	$-219,362	Down ×1
SPMD SPDR SERIES TRUST	$405,473	0.24%	6,432		Up ×1
COST Costco Wholesale Corporation - Common Stock	$393,267	0.23%	432	$-10,856
EOG EOG Resources, Inc. Common Stock	$389,723	0.23%	2,829	$22,717
COP ConocoPhillips Common Stock	$388,215	0.23%	3,102	$65,731
TFC Truist Financial Corporation Common Stock	$385,170	0.23%	8,319	$-29,283
TMO Thermo Fisher Scientific Inc Common Stock	$379,378	0.23%	562	$97,614
CB Chubb Limited Common Stock	$374,038	0.22%	1,150	$-17,813
QQQ Invesco QQQ Trust, Series 1	$356,569	0.21%	482	$1,624
C Citigroup, Inc. Common Stock	$356,199	0.21%	2,751	$-28,831
DE Deere & Company Common Stock	$342,491	0.20%	510	$18,983
MO Altria Group, Inc.	$327,878	0.19%	4,869	$-27,627	Down ×3
CVX Chevron Corporation Common Stock	$316,730	0.19%	1,551	$58,807	Down ×2
ASX ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares)	$311,931	0.19%	7,016	$-4,631
MDLZ Mondelez International, Inc. - Class A Common Stock	$306,735	0.18%	5,305	$-106
WFC Wells Fargo & Company Common Stock	$305,791	0.18%	3,820	$-38,818	Down ×1
RSG Republic Services, Inc. Common Stock	$305,361	0.18%	1,455	$-4,670
RTX RTX Corporation Common Stock	$303,723	0.18%	1,636	$6,226	Up ×1
PLTR Palantir Technologies Inc. - Class A Common Stock	$296,848	0.18%	1,587
Unknown issuer (CUSIP: 78392B206)	$296,482	0.18%	1,610		Up ×1
NFLX Netflix, Inc. - Common Stock	$293,419	0.17%	4,217	$17,744	Up ×1
NEE NextEra Energy, Inc. Common Stock	$292,053	0.17%	3,856	$-46,388
TTE TotalEnergies SE Ordinary Shares	$289,076	0.17%	3,381	$26,169
ETN Eaton Corporation, PLC Ordinary Shares	$284,898	0.17%	663	$2,380
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland)	$280,391	0.17%	304	$-51,569	Down ×1
INTC Intel Corporation - Common Stock	$275,928	0.16%	2,295	$-91,997	Down ×1
VUG Vanguard Morningstar Growth ETF	$264,383	0.16%	2,934	$11,648
WM Waste Management, Inc. Common Stock	$259,998	0.15%	1,275	$-26,403	Down ×2
VIG Vanguard Div Appreciation ETF	$249,642	0.15%	1,070	$-3,541
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock	$248,865	0.15%	940		Up ×1
ETY Eaton Vance Tax-Managed Diversified Equity Income Fund Common Shares of Beneficial Interest,	$240,536	0.14%	17,120	$-8,389
GD General Dynamics Corporation Common Stock	$235,599	0.14%	710	$-15,911
UNH UnitedHealth Group Incorporated Common Stock (DE)	$229,792	0.14%	626	$-38,289	Down ×1
MRVL Marvell Technology, Inc. - Common Stock	$228,806	0.14%	866	$-27,975	Up ×1
EFV iShares Trust	$225,786	0.13%	2,853	$7,389
TJX TJX Companies, Inc. (The) Common Stock	$224,133	0.13%	1,694	$-48,870	Down ×1
IBM International Business Machines Corporation Common Stock	$219,270	0.13%	997	$-96,248	Down ×1
WF Woori Financial Group Inc. American Depositary Shares (each representing three (3) shares of Common Stock)	$218,386	0.13%	2,891		Up ×1
KO Coca-Cola Company (The) Common Stock	$217,955	0.13%	2,532	$12,179
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
VEA	$11,851,088	7.03%	up ×3
LVHI	$8,406,677	4.99%	up ×3
AMZN	$1,881,581	1.12%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
Unknown issuer (CUSIP: 30233Q108)	$680,458	4,181	0.40%
SPMD	$405,473	6,432	0.24%
PLTR	$296,848	1,587	0.18%
Unknown issuer (CUSIP: 78392B206)	$296,482	1,610	0.18%
CRWD	$248,865	940	0.15%
WF	$218,386	2,891	0.13%
HCA	$207,822	487	0.12%
SAP	$206,604	991	0.12%
SHG	$201,321	2,592	0.12%
AXIA	$25,358	2,390	0.02%
AXIAPRC	$5,672	548	0.00%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
VOO	Bought more	+1K	+$1.3M
MSFT	Bought more	+22	+$1.1M
FRDM	Bought more	+11K	+$766K
AAPL	Bought more	+133	+$717K
LVHI	Bought more	+10K	+$640K
NVDA	Trimmed	-297	+$562K
SCHG	Bought more	+7K	+$505K
SCHD	Bought more	+11K	+$437K
FLQM	Trimmed	-6K	-$432K
AMAT	Price move only	+0	-$334K

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
XOM	June 30, 2026	4,502	$763,809	34.0%
NSC	March 31, 2026	1,828	$527,780	16.4%
DUK	June 30, 2026	2,420	$316,875	-1.7%
GLW	Sept. 30, 2026	1,182	$301,918	-16.9%
LMT	June 30, 2026	499	$301,591	24.7%
PEP	June 30, 2026	1,849	$287,131	0.0%
RY	June 30, 2026	1,624	$262,731	-2.2%
HON	June 30, 2026	1,127	$254,736	-2.1%
LRCX	Sept. 30, 2026	579	$250,898	-27.7%
ABT	June 30, 2026	2,423	$248,769	13.8%
KLAC	Sept. 30, 2026	820	$247,402	-23.5%
PLTR	June 30, 2026	1,676	$245,165	70.4%
SPGI	March 31, 2026	448	$234,120
HCA	June 30, 2026	490	$231,888	19.3%
MCD	Sept. 30, 2026	846	$228,682	8.6%
CRM	March 31, 2026	856	$226,763	30.3%
UNH	March 31, 2026	682	$225,135	54.5%
PNC	Sept. 30, 2026	896	$220,613	1.6%
LIN	Sept. 30, 2026	425	$220,550	6.9%
GS	Sept. 30, 2026	212	$214,410	-0.8%
DHI	Sept. 30, 2026	1,291	$210,278	7.2%
ISRG	March 31, 2026	362	$205,022	-2.0%
XLY	June 30, 2026	1,100	$119,932	No longer tracked
VOX	June 30, 2026	636	$114,389
LPL	Sept. 30, 2026	23,136	$89,999	-9.2%