SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Townsend & Associates, Inc

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

Reported Value
$203M
Q3 2021
Positions
70
Filings on Record
30
2019–present window
Filed
Oct 19, 2021
original filing

Summary

Townsend & Associates, Inc reported $203M in U.S.-listed holdings across 70 positions for Q3 2021.

Its largest position, Ishares Tr, represents 17.9% of the portfolio.

Compared with Q2 2021, the fund opened 6 new positions and exited 3.

Portfolio Metrics

Turnover
+10.8%
vs prior filed quarter
Top-10 Concentration
+48.2%
share of reported value
Largest Position
+17.9%
Ishares Tr
New / Exited
6 / 3
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: 51.2%ETP: 46.5%Other: 1.6%REIT: 0.7%
  • Common Stock · 51.2% · $104M
  • ETP · 46.5% · $94M
  • Other · 1.6% · $3M
  • REIT · 0.7% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+284.6K284.6K+$36M$36M
CICIGNA CORP NEWNEW+7.5K7.5K+$2M$2M
FEFIRSTENERGY CORPNEW+37.0K37.0K+$1M$1M
CMDYISHARES U S ETF TRNEW+20.8K20.8K+$1M$1M
LOWLOWES COS INCNEW+1.6K1.6K+$327,000$327,000
GOOGALPHABET INCNEW+102102+$283,000$283,000
ISRGINTUITIVE SURGICAL INCADDED+5.1K8.1K−$217,000$3M
UPSUNITED PARCEL SERVICE INCSOLD OUT−10.4K0−$2M$0

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

Holdings — Q3 2021

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRTIPS BD ETF · CORE DIV GRWTH · 0-5YR INVT GR CP · CORE S&P500 ETF · CORE HIGH DV ETF · MRGSTR MD CP GRW · DOW JONES US ETF · CORE S&P SCP ETF · MSCI EAFE MIN VL · S&P 500 GRWT ETF · SHORT TREAS BD30.33%$61M595.5K
2NDQINVESCO QQQ TRhistory →UNIT SER 114.78%$30M83.5K
3CVSCVS HEALTH CORPhistory →COM2.61%$5M62.8K
4LMTLOCKHEED MARTIN CORPhistory →COM2.10%$4M11.9K
5BALLBALL CORPhistory →COM2.01%$4M44.7K
6INTCINTEL CORPhistory →COM1.92%$4M72.7K
7PVHPVH CORPORATIONhistory →COM1.73%$4M33.6K
8AAPLAPPLE INChistory →COM1.54%$3M21.9K
9BNYBANK NEW YORK MELLON CORPhistory →COM1.42%$3M51.7K
10ANAUTONATION INChistory →COM1.42%$3M24.4K
11RSGREPUBLIC SVCS INChistory →COM1.41%$3M22.6K
12CRMSALESFORCE COM INChistory →COM1.40%$3M10.4K
13GDGENERAL DYNAMICS CORPhistory →COM1.36%$3M13.6K
14AZOAUTOZONE INChistory →COM1.30%$3M1.6K
15ALSALLSTATE CORPhistory →COM1.30%$3M20.6K
16ISRGINTUITIVE SURGICAL INChistory →COM NEW1.29%$3M8.1K
17CSGPCOSTAR GROUP INChistory →COM1.27%$3M29.7K
18UNHUNITEDHEALTH GROUP INChistory →COM1.23%$2M6.2K
19METAFACEBOOK INChistory →CL A1.23%$2M7.7K
20EAELECTRONIC ARTS INChistory →COM1.21%$2M17.6K
21SBUXSTARBUCKS CORPhistory →COM1.21%$2M22.1K
22DISDISNEY WALT COhistory →COM1.19%$2M13.9K
23ADBEADOBE SYSTEMS INCORPORATEDhistory →COM1.18%$2M4.2K
24VVISA INChistory →COM CL A1.17%$2M10.6K
25DWDMORGAN STANLEYhistory →COM NEW1.14%$2M23.6K
26FFORD MTR CO DELhistory →COM1.13%$2M151.8K
27HRLHORMEL FOODS CORPhistory →COM1.12%$2M53.9K
28UNPUNION PAC CORPhistory →COM1.06%$2M10.0K
29FDXFEDEX CORPCOM0.92%$2M8.5K
30BXBLACKSTONE INCCOM0.89%$2M15.7K
31MRKMERCK & CO INCCOM0.88%$2M22.3K
32BUNGE LIMITEDCOM0.85%$2M20.2K
33APOEURAPOLLO GLOBAL MGMT INCCOM CL A0.85%$2M26.2K
34JPMJPMORGAN CHASE & COCOM0.84%$2M10.2K
35CHVCHEVRON CORP NEWCOM0.82%$2M15.5K
36FNFFIDELITY NATIONAL FINANCIALFNF GROUP COM0.82%$2M35.5K
37NXSTNEXSTAR MEDIA GROUP INCCL A0.82%$2M10.8K
38NRANRG ENERGY INCCOM NEW0.77%$2M38.0K
39CAGCONAGRA BRANDS INCCOM0.75%$2M45.5K
40CICIGNA CORP NEWCOM0.75%$2M7.5K

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 ↗.