Piedmont Capital Management, LLC
Reported holdings as of Q2 2026, from 23 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| VANGUARD WORLD FD | MGC | $29.7M | 108,485 | - | new | NEW | |
| VANGUARD WHITEHALL FDS | VYM | $26.1M | 164,700 | +0.81pp | 23q | +0.5%+$138.8K | |
| VANGUARD INDEX FDS | VOO | $17.5M | 25,511 | - | new | NEW | |
| SPDR INDEX SHS FDS | FEZ | $17.1M | 251,454 | -3.62pp | 5q | -34.2%-$8.9M | |
| ISHARES TR | IEFA | $14.4M | 150,002 | -1.14pp | 6q | -16.8%-$2.9M | |
| VANECK ETF TRUST | SMH | $10.9M | 17,512 | - | new | NEW | |
| SPDR SERIES TRUST | RWR | $10.5M | 92,691 | -1.57pp | 2q | -29.9%-$4.5M | |
| ISHARES TR | FLOT | $10.4M | 204,778 | +0.19pp | 20q | +4.2%+$417.0K | |
| ISHARES TR | IWC | $6.2M | 30,801 | +1.13pp | 2q | +28.9%+$1.4M | |
| EA SERIES TRUST | FRDM | $5.3M | 75,263 | +0.61pp | 2q | +4.2%+$214.0K | |
| INVESCO EXCH TRADED FD TR II | BKLN | $5.0M | 245,326 | +0.10pp | 14q | +5.6%+$266.6K | |
| VANGUARD INDEX FDS | VTI | $3.9M | 10,618 | +0.29pp | 23q | +3.4%+$128.7K | |
| VANECK ETF TRUST | ANGL | $3.3M | 113,754 | +0.01pp | 23q | HELD | |
| ISHARES TR UNVERIFIED ID | $3.1M | 46,086 | +0.13pp | 8q | -0.6%-$18.3K | ||
| VANECK ETF TRUST | CLOI | $2.9M | 55,100 | -0.03pp | 8q | -1.5%-$45.7K | |
| CISCO SYS INC | CSCO | $2.4M | 20,334 | +0.34pp | 23q | -3.4%-$83.6K | |
| VANGUARD SPECIALIZED FUNDS | VIG | $1.8M | 7,600 | +0.07pp | 23q | HELD | |
| COCA COLA CO | KO | $1.4M | 17,484 | +0.02pp | 23q | -1.5%-$21.9K | |
| ISHARES TR | AOR | $1.4M | 20,351 | +0.05pp | 13q | HELD | |
| INVESCO QQQ TR UNVERIFIED ID | $1.4M | 1,875 | +0.14pp | 8q | +1.9%+$25.4K | ||
| JOHNSON & JOHNSON | JNJ | $1.4M | 5,358 | flat | 13q | -4.0%-$56.0K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $1.3M | 4,601 | +0.08pp | 23q | -2.5%-$34.0K | |
| WORLD GOLD TR | GLDM | $1.3M | 15,681 | -9.81pp | 15q | -92.9%-$16.6M | |
| MERCK & CO INC | MRK | $1.2M | 9,878 | flat | 23q | -2.8%-$35.9K | |
| VANECK ETF TRUST | GDX | $1.2M | 15,624 | -6.49pp | 6q | -89.4%-$10.0M | |
| VERIZON COMMUNICATIONS INC | VZ | $1.1M | 27,505 | -0.12pp | 23q | -0.9%-$10.8K | |
| ISHARES TR | IVV | $1.1M | 1,509 | +0.16pp | 14q | +22.6%+$208.6K | |
| VANGUARD BD INDEX FDS | BND | $1.1M | 15,154 | +0.01pp | 23q | +3.3%+$35.4K | |
| VANGUARD INDEX FDS | VNQ | $965.5K | 9,934 | +0.02pp | 23q | -3.0%-$30.1K | |
| AMGEN INC | AMGN | $965.2K | 2,678 | +0.02pp | 21q | HELD | |
| CHEVRON CORPORATION | CVX | $947.0K | 5,700 | -0.10pp | 23q | HELD | |
| UNITEDHEALTH GROUP INC | UNH | $789.0K | 1,846 | +0.13pp | 5q | HELD | |
| JPMORGAN CHASE & CO | JPM | $786.6K | 2,357 | +0.04pp | 23q | HELD | |
| EXXON MOBIL CORP | XOMXXXX | $786.2K | 5,765 | -0.10pp | 23q | -3.7%-$30.3K | |
| APPLE INC | AAPL | $729.0K | 2,473 | +0.07pp | 5q | +8.8%+$59.0K | |
| CATERPILLAR INC | CAT | $724.2K | 732 | +0.10pp | 12q | HELD | |
| STANTEC INC | STN | $703.9K | 10,458 | -0.11pp | 8q | HELD | |
| MICROSOFT CORP | MSFT | $698.9K | 1,806 | +0.01pp | 18q | HELD | |
| 3M CO | MMM | $443.4K | 2,754 | flat | 23q | -8.6%-$41.9K | |
| SIMON PPTY GROUP INC NEW | SPG | $399.9K | 1,802 | +0.03pp | 23q | HELD | |
| VANGUARD WORLD FD | MGK | $348.7K | 3,960 | +0.03pp | 5q | +400.0%+$278.9K | |
| STATE STR SPDR S&P 500 ETF T | SPY | $333.1K | 446 | +0.02pp | 19q | HELD | |
| INTEL CORP | INTC | $327.5K | 2,575 | - | new | NEW | |
| HOME DEPOT INC | HD | $317.2K | 900 | +0.01pp | 11q | HELD | |
| NIKE INC | NKE | $312.1K | 7,363 | +0.01pp | 5q | +8.2%+$23.8K | |
| GOLDMAN SACHS GROUP INC | GS | $300.5K | 294 | +0.02pp | 13q | HELD | |
| VANECK ETF TRUST | MOAT | $297.0K | 2,820 | +0.01pp | 14q | HELD | |
| PROCTER & GAMBLE CO | PG | $273.2K | 1,865 | +0.01pp | 2q | +4.6%+$12.0K | |
| WALMART INC | WMT | $254.0K | 2,340 | -0.02pp | 5q | HELD | |
| GLACIER BANCORP INC NEW | GBCI | $242.2K | 4,601 | +0.01pp | 5q | HELD | |
| GE AEROSPACE | GE | $237.3K | 635 | - | new | NEW | |
| EVERUS CONSTR GROUP | ECG | $236.9K | 1,553 | - | new | NEW | |
| ORACLE CORP | ORCL | $228.8K | 1,599 | flat | 5q | HELD | |
| AMAZON COM INC | AMZN | $226.6K | 929 | - | new | NEW | |
| ABBVIE INC | ABBV | $221.0K | 879 | - | new | NEW | |
| SELECT SECTOR SPDR TR | XLRE | $209.3K | 4,720 | - | new | NEW | |
| ELI LILLY & CO | LLY | $206.2K | 174 | - | new | NEW | |
| GABELLI UTIL TR | GUT | $164.5K | 24,977 | +0.01pp | 20q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Computer Hardware | $4.4M | 2.2% |
| Biotech & Pharma | $4.0M | 2.0% |
| Other sectors | $12.8M | 6.5% |
| Not classified | $176.8M | 89.3% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $198.0M | 58 | 10 | 13 | 16 | 2 | 74.7% | 44 |
| Q1 2026 | $196.6M | 50 | 5 | 17 | 10 | 7 | 78.6% | 45 |
| Q4 2025 | $196.0M | 52 | 0 | 20 | 12 | 1 | 79.5% | 44 |
| Q3 2025 | $189.5M | 53 | 2 | 24 | 10 | 4 | 79.6% | 38 |
| Q2 2025 | $172.9M | 55 | 10 | 19 | 15 | 1 | 78.1% | 44 |
| Q1 2025 | $139.3M | 46 | 5 | 10 | 13 | 11 | 80.1% | 44 |
| Q4 2024 | $165.9M | 52 | 2 | 16 | 9 | 1 | 79.5% | 45 |
| Q3 2024 | $165.9M | 51 | 12 | 12 | 24 | 7 | 78.7% | 45 |
| Q2 2024 | $147.4M | 46 | 0 | 0 | 0 | 0 | 78.5% | 45 |
| Q1 2024 | $147.4M | 46 | 0 | 27 | 10 | 2 | 78.5% | 43 |
| Q4 2023 | $137.2M | 48 | 4 | 13 | 22 | 2 | 76.8% | 44 |
| Q3 2023 | $125.4M | 46 | 3 | 16 | 18 | 1 | 76.9% | 44 |
| Q2 2023 | $131.8M | 44 | 7 | 17 | 14 | 8 | 78.8% | 42 |
| Q1 2023 | $124.9M | 45 | 4 | 21 | 10 | 3 | 76.7% | 45 |
| Q4 2022 | $119.4K | 44 | 6 | 15 | 15 | 1 | 79.8% | 44 |
| Q3 2022 | $110.9M | 39 | 5 | 15 | 14 | 5 | 84.1% | 49 |
| Q2 2022 | $97.3M | 39 | 0 | 9 | 21 | 2 | 80.0% | 41 |
| Q1 2022 | $133.2M | 41 | 5 | 19 | 13 | 9 | 80.6% | 132 |
| Q4 2021 | $127.3M | 45 | 8 | 25 | 5 | 4 | 78.5% | 45 |
| Q3 2021 | $125.4M | 41 | 7 | 20 | 9 | 6 | 75.8% | 43 |
| Q2 2021 | $120.4M | 40 | 6 | 19 | 8 | 5 | 80.8% | 28 |
| Q1 2021 | $106.9M | 39 | 0 | 26 | 4 | 3 | 77.7% | 35 |
| Q4 2020 | $98.7M | 42 | 0 | 0 | 0 | 0 | 77.9% | 125 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.