SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Townsend & Associates, Inc

CIK 0001729359 · 2761 W. 120TH AVE. SUITE 200, WESTMINSTER, CO, 80234 · 3034525986

Reported Value
$128M
Q3 2020
Positions
67
Filings on Record
30
2019–present window
Filed
Oct 13, 2020
original filing

Summary

Townsend & Associates, Inc reported $128M in U.S.-listed holdings across 67 positions for Q3 2020.

Its largest position, Ishares Tr, represents 15.5% of the portfolio.

Compared with Q2 2020, the fund opened 5 new positions and exited 8.

Portfolio Metrics

Turnover
+12.4%
vs prior filed quarter
Top-10 Concentration
+37.4%
share of reported value
Largest Position
+15.5%
Ishares Tr
New / Exited
5 / 8
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $87MQ4 ’18Q1 ’19: $99MQ2 ’19: $131MQ3 ’19: $105MQ4 ’19: $114MQ4 ’19Q1 ’20: $96MQ2 ’20: $119MQ3 ’20: $128MQ4 ’20: $137MQ4 ’20Q1 ’21: $154MQ2 ’21: $171MQ3 ’21: $203MQ4 ’21: $183MQ4 ’21Q1 ’22: $217MQ2 ’22: $216MQ3 ’22: $216MQ4 ’22: $202MQ4 ’22Q1 ’23: $249MQ2 ’23: $389MQ3 ’23: $474MQ4 ’23: $799MQ4 ’23Q1 ’24: $858MQ2 ’24: $901MQ3 ’24: $974MQ4 ’24: $976MQ4 ’24Q1 ’25: $959MQ2 ’25: $1.0BQ3 ’25: $1.1BQ4 ’25: $1.1BQ4 ’25Q1 ’26: $1.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 64.8%ETP: 33.0%REIT: 1.0%ADR: 1.0%Other: 0.1%
  • Common Stock · 64.8% · $83M
  • ETP · 33.0% · $42M
  • REIT · 1.0% · $1M
  • ADR · 1.0% · $1M
  • Other · 0.1% · $122,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PNWPINNACLE WEST CAP CORPNEW+21.3K21.3K+$2M$2M
SWKSTANLEY BLACK & DECKER INCNEW+1.4K1.4K+$246,000$246,000
VANGUARD WORLD FDSNEW+703703+$227,000$227,000
AMZNAMAZON COM INCNEW+6565+$214,000$214,000
NDQINVESCO QQQ TRNEW+749749+$214,000$214,000
AAPLAPPLE INCADDED+10.8K18.3K−$587,000$2M
ISHARES TRADDED+11.3K19.4K+$944,000$2M
LOWLOWES COS INCSOLD OUT−18.6K0−$3M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2020

42 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRDOW JONES US ETF · CORE S&P500 ETF · CORE US AGGBD ET · S&P 500 GRWT ETF · MRGSTR MD CP GRW · CORE DIV GRWTH · INTRM GOV CR ETF · CORE HIGH DV ETF · 0-5YR INVT GR CP30.74%$39M282.3K
2LMTLOCKHEED MARTIN CORPhistory →COM3.60%$5M11.9K
3PVHPVH CORPORATIONhistory →COM2.41%$3M46.5K
4FDXFEDEX CORPhistory →COM2.14%$3M10.1K
5ANAUTONATION INChistory →COM1.96%$3M41.4K
6MOALTRIA GROUP INChistory →COM1.81%$2M56.7K
7AAPLAPPLE INChistory →COM1.67%$2M18.3K
8CRMSALESFORCE COM INChistory →COM1.65%$2M7.9K
9FFORD MTR CO DELhistory →COM1.59%$2M280.7K
10ISRGINTUITIVE SURGICAL INChistory →COM NEW1.59%$2M2.8K
11UPSUNITED PARCEL SERVICE INChistory →CL B1.53%$2M11.2K
12SBUXSTARBUCKS CORPhistory →COM1.51%$2M21.5K
13RSGREPUBLIC SVCS INChistory →COM1.51%$2M20.7K
14CSGPCOSTAR GROUP INChistory →COM1.51%$2M2.2K
15FASTFASTENAL COhistory →COM1.46%$2M39.9K
16LUVSOUTHWEST AIRLS COhistory →COM1.43%$2M45.8K
17PNWPINNACLE WEST CAP CORPhistory →COM1.38%$2M21.3K
18METAFACEBOOK INChistory →CL A1.36%$2M6.6K
19ADBEADOBE SYSTEMS INCORPORATEDhistory →COM1.34%$2M3.4K
20DISDISNEY WALT COhistory →COM DISNEY1.34%$2M13.7K
21UNHUNITEDHEALTH GROUP INChistory →COM1.34%$2M5.2K
22XELXCEL ENERGY INChistory →COM1.33%$2M23.3K
23MCHPMICROCHIP TECHNOLOGY INC.history →COM1.32%$2M14.8K
24VVISA INChistory →COM CL A1.31%$2M8.1K
25ALSALLSTATE CORPhistory →COM1.28%$2M17.7K
26HRLHORMEL FOODS CORPhistory →COM1.27%$2M33.2K
27TAT&T INChistory →COM1.25%$2M56.5K
28BNYBANK NEW YORK MELLON CORPhistory →COM1.22%$2M41.2K
29GDGENERAL DYNAMICS CORPhistory →COM1.20%$2M10.7K
30CMCANADIAN IMP BK COMMhistory →COM1.19%$2M19.6K
31PGPROCTER AND GAMBLE COhistory →COM1.18%$2M10.5K
32EAELECTRONIC ARTS INChistory →COM1.17%$1M11.7K
33MDLZMONDELEZ INTL INChistory →CL A1.16%$1M25.8K
34DALDELTA AIR LINES INC DELhistory →COM NEW1.14%$1M44.6K
35AEPAMERICAN ELEC PWR CO INChistory →COM1.13%$1M16.1K
36PEGPUBLIC SVC ENTERPRISE GRP INhistory →COM1.13%$1M25.0K
37IBMINTERNATIONAL BUSINESS MACHShistory →COM1.11%$1M11.1K
38PFEPFIZER INChistory →COM1.11%$1M38.4K
39WMWASTE MGMT INC DELhistory →COM1.11%$1M12.2K
40INTCINTEL CORPhistory →COM1.10%$1M26.7K
41CLCOLGATE PALMOLIVE COhistory →COM1.09%$1M17.5K
42JNJJOHNSON & JOHNSONhistory →COM1.09%$1M9.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.2B117Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.1B115Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.1B112Oct 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.0B112Jul 30, 202513F-HRchanges · EDGAR ↗
Q1 2025$959M99Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$976M102Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$974M103Nov 1, 202413F-HRchanges · EDGAR ↗
Q2 2024$901M104Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$858M104Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$799M105Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$474M98Nov 1, 202313F-HRchanges · EDGAR ↗
Q2 2023$389M123Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$249M116May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$202M109Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$216M91Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$216M78Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$217M76Apr 14, 202213F-HRchanges · EDGAR ↗
Q4 2021$183M72Jan 18, 202213F-HRchanges · EDGAR ↗
Q3 2021$203M70Oct 19, 202113F-HRchanges · EDGAR ↗
Q2 2021$171M67Jul 21, 202113F-HRchanges · EDGAR ↗
Q1 2021$154M70Apr 15, 202113F-HRchanges · EDGAR ↗
Q4 2020$137M69Jan 19, 202113F-HRchanges · EDGAR ↗
Q3 2020$128M67Oct 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$119M70Jul 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$96M71Apr 9, 202013F-HRchanges · EDGAR ↗
Q4 2019$114M71Jan 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$105M72Oct 10, 201913F-HRchanges · EDGAR ↗
Q2 2019$131M76Jul 10, 201913F-HRchanges · EDGAR ↗
Q1 2019$99M75Apr 8, 201913F-HRchanges · EDGAR ↗
Q4 2018$87M71Jan 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.