Towercrest Capital Management
CIK 1633288 · View on SEC EDGAR ↗
- Portfolio value
- $717.4M
- Positions
- 110
- As of
- June 30, 2026
#3,041 of 9,443 by 13F value · top 32.2%
Portfolio value QoQ: +11.8% 13F does not disclose cash
- Top 10 holdings weight
- 55.92%
- Top 25 holdings weight
- 84.83%
- Positions above 1%
- 27
- Effective number of positions
- 22.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.5% Est. buys $35,538,037 · sells $10,192,592
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 82.1% still held
- New positions
- 12
- Increased
- 37
- Decreased
- 33
- Closed
- 5
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
Technology
2.5%
Consumer products
0.8%
Communication Services
0.7%
Healthcare
0.6%
Financials
0.4%
Retail
0.4%
Industrials
0.3%
Communications
0.2%
Financial Services
0.1%
Consumer Staples
0.1%
Consumer Discretionary
0.1%
Telecommunication
0.1%
Materials
0.1%
Energy
0.1%
Utilities
0.1%
Other/Unmapped
93.4%
Full portfolio 110 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| IVV | $84,948,848 | 11.84% | 113,426 | $16,671,537 | Up ×5 | ||
| SCHX | $65,414,512 | 9.12% | 2,222,715 | $9,612,683 | Up ×1 | ||
| AGG | $43,879,631 | 6.12% | 443,414 | $3,344,427 | Up ×4 | ||
| HYG | $38,470,676 | 5.36% | 481,066 | $1,663,336 | Up ×4 | ||
| LQD | $35,698,681 | 4.98% | 327,308 | $3,953,269 | Up ×5 | ||
| IEFA | $32,030,984 | 4.46% | 331,636 | $5,380,499 | Up ×5 | ||
| IEMG | $28,632,650 | 3.99% | 345,719 | $5,551,021 | Up ×2 | ||
| FLOT | $26,929,214 | 3.75% | 527,506 | $-441,557 | Down ×2 | ||
| EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | $23,052,746 | 3.21% | 239,041 | $2,215,325 | Up ×4 | ||
| SCHZ | $22,129,220 | 3.08% | 956,732 | $-1,434,040 | Down ×3 | ||
| SCHF | $21,888,392 | 3.05% | 790,195 | $2,373,811 | Up ×1 | ||
| IJH | $18,387,616 | 2.56% | 238,477 | $2,833,787 | Up ×5 | ||
| SCHE | $17,283,069 | 2.41% | 476,643 | $1,119,752 | Down ×1 | ||
| FLRN | $16,705,366 | 2.33% | 541,503 | $-1,295,524 | Down ×3 | ||
| IJR | $15,664,069 | 2.18% | 105,624 | $3,047,905 | Up ×2 | ||
| MUB | $15,598,120 | 2.17% | 144,937 | $742,109 | Up ×5 | ||
| SPYM | $15,272,459 | 2.13% | 173,788 | $2,386,364 | Up ×1 | ||
| SCHM | $13,435,809 | 1.87% | 364,410 | $1,788,882 | Down ×4 | ||
| SCHB | $12,003,964 | 1.67% | 414,502 | $1,846,507 | Up ×1 | ||
| ITOT | $11,845,720 | 1.65% | 72,112 | $2,474,481 | Up ×5 | ||
| SPY SPY | $10,892,053 | 1.52% | 14,586 | $1,670,638 | Up ×1 | ||
| SCHA | $10,647,118 | 1.48% | 294,689 | $1,610,493 | Down ×4 | ||
| SPAB | $9,974,500 | 1.39% | 390,850 | $-51,357 | Down ×1 | ||
| AAPL Apple Inc. - Common Stock | $9,759,121 | 1.36% | 33,727 | $1,098,233 | Down ×1 | ||
| SPIB | $8,034,184 | 1.12% | 240,113 | $608,894 | Up ×6 | ||
| SHYG | $7,435,459 | 1.04% | 175,323 | $6,616 | Down ×1 | ||
| DGRO | $7,403,166 | 1.03% | 97,675 | $1,157,507 | Up ×5 | ||
| SPEM | $6,058,219 | 0.84% | 116,999 | $587,080 | Up ×2 | ||
| SPDW | $5,929,884 | 0.83% | 117,680 | $751,737 | Up ×1 | ||
| CL Colgate-Palmolive Company Common Stock | $5,857,515 | 0.82% | 63,891 | $412,218 | Up ×2 | ||
| SCHD | $5,694,646 | 0.79% | 179,585 | $-761,584 | Down ×3 | ||
| PCY | $4,586,776 | 0.64% | 211,860 | $-266,361 | Down ×3 | ||
| IWF | $3,576,715 | 0.50% | 28,805 | $506,104 | Up ×1 | ||
| SCHG | $3,454,523 | 0.48% | 102,084 | $479,826 | Down ×4 | ||
| SPMD | $2,939,362 | 0.41% | 43,507 | $336,172 | Down ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $2,617,550 | 0.36% | 7,017 | $17,101 | Down ×3 | ||
| TFI | $2,562,373 | 0.36% | 55,947 | $-574,203 | Down ×3 | ||
| SPSM | $2,461,722 | 0.34% | 42,686 | $363,441 | Down ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $2,081,114 | 0.29% | 5,890 | $391,509 | |||
| QQQ Invesco QQQ Trust, Series 1 | $1,905,814 | 0.27% | 2,588 | $-26,944 | Down ×1 | ||
| SPTM | $1,883,149 | 0.26% | 20,742 | $322,526 | Up ×1 | ||
| JNJ Johnson & Johnson Common Stock | $1,868,338 | 0.26% | 7,357 | $70,248 | Up ×2 | ||
| SHY iShares 1-3 Year Treasury Bond ETF | $1,805,798 | 0.25% | 21,993 | $92,165 | Up ×5 | ||
| SPYD | $1,779,904 | 0.25% | 37,307 | $20,610 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $1,739,904 | 0.24% | 8,696 | $225,658 | Up ×2 | ||
| CORP | $1,618,947 | 0.23% | 16,707 | $-544,606 | Down ×3 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,547,055 | 0.22% | 4,329 | $307,959 | Up ×1 | ||
| RSP | $1,487,118 | 0.21% | 6,989 | $145,727 | |||
| VOO | $1,288,653 | 0.18% | 1,876 | $186,001 | Up ×2 | ||
| SCHO | $1,221,184 | 0.17% | 50,588 | $-1,245 | Up ×4 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $1,185,413 | 0.17% | 9,225 | $75,738 | |||
| JPM JP Morgan Chase & Co. Common Stock | $1,182,316 | 0.16% | 3,612 | $-61,392 | Down ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $1,166,180 | 0.16% | 4,893 | $147,130 | |||
| CSCO Cisco Systems, Inc. - Common Stock | $1,150,051 | 0.16% | 9,791 | $343,813 | Down ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,119,257 | 0.16% | 1,987 | $-23,287 | Down ×1 | ||
| V Visa Inc. | $959,623 | 0.13% | 2,797 | $114,258 | |||
| HD Home Depot, Inc. (The) Common Stock | $876,057 | 0.12% | 2,484 | $59,094 | |||
| SCHV | $842,750 | 0.12% | 24,210 | $104,345 | |||
| COKE Coca-Cola Consolidated, Inc. - Common Stock | $742,808 | 0.10% | 9,140 | $40,106 | Down ×1 | ||
| BAC Bank of America Corporation Common Stock | $733,618 | 0.10% | 12,875 | $105,962 | |||
| SBUX Starbucks Corporation - Common Stock | $674,539 | 0.09% | 6,601 | $69,732 | Down ×1 | ||
| VIG | $648,506 | 0.09% | 2,741 | $59,090 | |||
| VTI | $625,888 | 0.09% | 1,691 | $89,103 | Up ×1 | ||
| IBM International Business Machines Corporation Common Stock | $614,904 | 0.09% | 2,187 | $84,920 | Up ×2 | ||
| T AT&T Inc. | $598,767 | 0.08% | 28,926 | $-238,506 | Up ×1 | ||
| FBND | $574,812 | 0.08% | 12,636 | $-1,642 | |||
| AVGO Broadcom Inc. - Common Stock | $565,114 | 0.08% | 1,496 | $99,611 | Down ×1 | ||
| IWD | $529,591 | 0.07% | 2,185 | $52,143 | Down ×1 | ||
| WMT Walmart Inc. - Common Stock | $498,688 | 0.07% | 4,403 | $-42,308 | Up ×2 | ||
| DFUS | $468,779 | 0.07% | 5,721 | $63,103 | |||
| LIN Linde plc - Ordinary Shares | $463,413 | 0.06% | 893 | $20,699 | |||
| SNDK Sandisk Corporation - Common Stock | $443,377 | 0.06% | 195 | Up ×1 | |||
| CVX Chevron Corporation Common Stock | $430,813 | 0.06% | 2,599 | $-122,440 | Down ×1 | ||
| TT Trane Technologies plc | $427,800 | 0.06% | 871 | $64,819 | |||
| C Citigroup, Inc. Common Stock | $411,342 | 0.06% | 2,939 | $78,030 | |||
| XOM Exxon Mobil Corporation Common Stock | $404,418 | 0.06% | 2,958 | ||||
| ORCL Oracle Corporation Common Stock | $388,064 | 0.05% | 2,648 | $-1,483 | |||
| LLY Eli Lilly and Company Common Stock | $376,621 | 0.05% | 314 | $83,214 | Down ×1 | ||
| Unknown issuer (CUSIP: 369604951) | $375,972 | 0.05% | 1,006 | $86,243 | Down ×1 | ||
| VUG | $374,458 | 0.05% | 4,347 | $-631,069 | Up ×1 | ||
| WDC Western Digital Corporation - Common Stock | $374,290 | 0.05% | 586 | Up ×1 | |||
| NEE NextEra Energy, Inc. Common Stock | $373,651 | 0.05% | 4,257 | $-92,638 | Down ×1 | ||
| VT | $371,232 | 0.05% | 2,365 | $44,084 | |||
| COST Costco Wholesale Corporation - Common Stock | $360,102 | 0.05% | 385 | $-23,318 | |||
| BRKB | $354,777 | 0.05% | 709 | $15,024 | |||
| IWP | $345,528 | 0.05% | 2,360 | $43,165 | |||
| GEV GE Vernova Inc. Common Stock | $323,087 | 0.05% | 275 | $83,039 | |||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $320,035 | 0.04% | 770 | $111,681 | |||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $310,421 | 0.04% | 650 | $90,753 | |||
| PEG Public Service Enterprise Group Incorporated Common Stock | $296,396 | 0.04% | 3,652 | $767 | |||
| DELL Dell Technologies Inc. Class C Common Stock | $290,804 | 0.04% | 674 | Up ×1 | |||
| PM Philip Morris International Inc Common Stock | $282,332 | 0.04% | 3,924 | $23,387 | |||
| INTC Intel Corporation - Common Stock | $265,856 | 0.04% | 1,904 | Up ×1 | |||
| VEU | $258,139 | 0.04% | 3,082 | $43,259 | Up ×1 | ||
| PFE Pfizer, Inc. Common Stock | $255,224 | 0.04% | 10,599 | ||||
| VZ Verizon Communications Inc. Common Stock | $253,088 | 0.04% | 5,978 | $-46,334 | Up ×5 | ||
| NFLX Netflix, Inc. - Common Stock | $249,186 | 0.03% | 3,490 | $-86,378 | |||
| MMM 3M Company Common Stock | $244,970 | 0.03% | 1,513 | $25,237 | |||
| SPSB | $242,565 | 0.03% | 8,361 | $2,197 | Up ×4 | ||
| AMCA | $241,605 | 0.03% | 590 | $31,235 | |||
| 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 |
|---|---|---|---|
| IVV | $84,948,848 | 11.84% | up ×5 |
| AGG | $43,879,631 | 6.12% | up ×4 |
| HYG | $38,470,676 | 5.36% | up ×4 |
| LQD | $35,698,681 | 4.98% | up ×5 |
| IEFA | $32,030,984 | 4.46% | up ×5 |
| EMB | $23,052,746 | 3.21% | up ×4 |
| IJH | $18,387,616 | 2.56% | up ×5 |
| MUB | $15,598,120 | 2.17% | up ×5 |
| ITOT | $11,845,720 | 1.65% | up ×5 |
| SPIB | $8,034,184 | 1.12% | up ×6 |
| DGRO | $7,403,166 | 1.03% | up ×5 |
| SHY | $1,805,798 | 0.25% | up ×5 |
| SCHO | $1,221,184 | 0.17% | up ×4 |
| VZ | $253,088 | 0.04% | up ×5 |
| SPSB | $242,565 | 0.03% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| SNDK | $443,377 | 195 | 0.06% |
| XOM | $404,418 | 2,958 | 0.06% |
| WDC | $374,290 | 586 | 0.05% |
| DELL | $290,804 | 674 | 0.04% |
| INTC | $265,856 | 1,904 | 0.04% |
| PFE | $255,224 | 10,599 | 0.04% |
| CSX | $218,638 | 4,600 | 0.03% |
| AMD | $216,679 | 373 | 0.03% |
| FLEX | $212,312 | 1,310 | 0.03% |
| LRCX | $207,998 | 480 | 0.03% |
| ROK | $204,468 | 413 | 0.03% |
| AMAT | $203,886 | 282 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| IVV | Bought more | +9K | +$16.7M |
| SCHX | Bought more | +46K | +$9.6M |
| IEMG | Bought more | +15K | +$5.6M |
| IEFA | Bought more | +37K | +$5.4M |
| LQD | Bought more | +36K | +$4.0M |
| AGG | Bought more | +35K | +$3.3M |
| IJR | Bought more | +4K | +$3.0M |
| IJH | Bought more | +8K | +$2.8M |
| ITOT | Bought more | +6K | +$2.5M |
| SPYM | Bought more | +5K | +$2.4M |
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 |
|---|---|---|---|---|
| UPS | March 31, 2025 | 14,579 | $1,838,412 | -7.1% |
| GLD | March 31, 2025 | 3,140 | $760,288 | No longer tracked |
| VTV | June 30, 2026 | 3,207 | $629,213 | No longer tracked |
| XOM | March 31, 2025 | 4,008 | $431,141 | 40.8% |
| XLK | March 31, 2025 | 1,808 | $420,396 | No longer tracked |
| PFE | March 31, 2025 | 15,107 | $400,800 | 9.8% |
| CPNG | March 31, 2025 | 18,170 | $399,377 | -25.6% |
| IFLN | March 31, 2026 | 20,810 | $387,072 | No longer tracked |
| PEP | March 31, 2025 | 2,151 | $327,060 | -5.2% |
| VYM | March 31, 2025 | 2,455 | $313,191 | No longer tracked |
| BK | June 30, 2026 | 2,575 | $305,472 | No longer tracked |
| REZI | June 30, 2025 | 15,203 | $269,093 | -5.3% |
| XLF | March 31, 2025 | 4,976 | $240,503 | No longer tracked |
| GDDY | March 31, 2025 | 1,214 | $239,607 | -45.7% |
| ABBV | Dec. 31, 2025 | 1,011 | $234,087 | 16.1% |
| BRKB | March 31, 2025 | 512 | $232,079 | No longer tracked |
| VOOG | March 31, 2025 | 633 | $231,716 | No longer tracked |
| HSY | June 30, 2026 | 1,100 | $228,679 | 8.4% |
| BA | March 31, 2025 | 1,255 | $222,135 | 28.6% |
| FDX | June 30, 2026 | 611 | $217,626 | 4.0% |
| BMY | June 30, 2025 | 3,502 | $213,587 | 44.3% |
| ED | March 31, 2025 | 2,374 | $211,832 | -1.6% |
| VXF | March 31, 2026 | 1,011 | $211,393 | No longer tracked |
| VEU | Dec. 31, 2025 | 2,925 | $208,776 | No longer tracked |
| LVS | June 30, 2026 | 3,850 | $207,438 | 0.7% |
| GS | March 31, 2025 | 362 | $207,288 | 86.2% |
| PG | Dec. 31, 2025 | 1,334 | $204,969 | 0.7% |
| DSI | March 31, 2025 | 1,854 | $204,404 | No longer tracked |