Institutional
Piedmont Capital Management, LLC
CIK 0001656150
$196.6M
Reported AUM
50
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Piedmont Capital Management, LLC · Q1 2026
AI · grounded in 13F
Piedmont Capital Management, LLC exited its position in VANGUARD INDEX FDS, reducing exposure by $23.7M. The fund established a new position in PVAL worth $22.8M and added RWR with a $13.6M investment. Other notable moves include closing out positions in VOO for $13.9M and SLV for $1.3M.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | VYM | VANGUARD WHITEHALL FDS | $24.3M | 12.36% | -470 | -0.3% |
| 2 | FEZ | SPDR INDEX SHS FDS | $24.0M | 12.23% | +9,413 | +2.5% |
| 3 | PVAL | PUTNAM ETF TRUST | $22.8M | 11.59% | +486,775 | NEW |
| 4 | GLDM | WORLD GOLD TR | $20.5M | 10.44% | -5,861 | -2.6% |
| 5 | IEFA | ISHARES TR | $16.6M | 8.42% | +724 | +0.4% |
| 6 | GDX | VANECK ETF TRUST | $13.9M | 7.09% | -5,825 | -3.8% |
| 7 | RWR | SPDR SERIES TRUST | $13.6M | 6.90% | +132,183 | NEW |
| 8 | FLOT | ISHARES TR | $10.0M | 5.08% | +14,015 | +7.7% |
| 9 | BKLN | INVESCO EXCH TRADED FD TR II | $4.8M | 2.42% | +7,726 | +3.4% |
| 10 | FRDM | EA SERIES TRUST | $4.0M | 2.04% | +72,198 | NEW |
| 11 | IWC | ISHARES TR | $3.9M | 1.99% | +23,888 | NEW |
| 12 | VTI | VANGUARD INDEX FDS | $3.3M | 1.70% | +99 | +1.0% |
| 13 | ANGL | VANECK ETF TRUST | $3.3M | 1.67% | +4,970 | +4.6% |
| 14 | CLOI | VANECK ETF TRUST | $2.9M | 1.50% | +2,190 | +4.1% |
| 15 | — | ISHARES TR | $2.8M | 1.42% | -986 | -2.1% |
| 16 | CSCO | CISCO SYS INC | $1.7M | 0.85% | -1,070 | -4.8% |
| 17 | VIG | VANGUARD SPECIALIZED FUNDS | $1.6M | 0.83% | +69 | +0.9% |
| 18 | KO | COCA COLA CO | $1.4M | 0.70% | -178 | -1.0% |
| 19 | VZ | VERIZON COMMUNICATIONS INC | $1.4M | 0.70% | +549 | +2.0% |
| 20 | JNJ | JOHNSON & JOHNSON | $1.4M | 0.69% | +11 | +0.2% |
| 21 | AOR | ISHARES TR | $1.3M | 0.67% | -3,129 | -13.4% |
| 22 | MRK | MERCK & CO INC | $1.2M | 0.62% | +413 | +4.2% |
| 23 | IBM | IBM CORP | $1.2M | 0.59% | -205 | -4.2% |
| 24 | CVX | CHEVRON CORP NEW | $1.1M | 0.58% | +321 | +5.9% |
| 25 | — | INVSC QQQ TR | $1.1M | 0.55% | +13 | +0.7% |
| 26 | BND | VANGUARD BD INDEX FDS | $1.1M | 0.55% | +70 | +0.5% |
| 27 | XOM | EXXON MOBIL CORP | $970K | 0.49% | -75 | -1.2% |
| 28 | VNQ | VANGUARD INDEX FDS | $927K | 0.47% | -48 | -0.5% |
| 29 | AMGN | AMGEN INC | $923K | 0.47% | -1 | -0.0% |
| 30 | STN | STANTEC INC | $920K | 0.47% | — | HELD |
| 31 | IVV | ISHARES TR | $814K | 0.41% | +131 | +11.9% |
| 32 | JPM | JPMORGAN CHASE & CO | $698K | 0.36% | — | HELD |
| 33 | MSFT | MICROSOFT CORP | $672K | 0.34% | +67 | +3.9% |
| 34 | AAPL | APPLE INC | $589K | 0.30% | +1,201 | +112.0% |
| 35 | CAT | CATERPILLAR INC | $524K | 0.27% | — | HELD |
| 36 | UNH | UNITEDHEALTH GROUP INC | $520K | 0.26% | +42 | +2.3% |
| 37 | MMM | 3M CO | $437K | 0.22% | — | HELD |
| 38 | SPG | SIMON PPTY GROUP INC NEW | $341K | 0.17% | +3 | +0.2% |
| 39 | NKE | NIKE INC | $300K | 0.15% | +326 | +5.0% |
| 40 | WMT | WALMART INC | $296K | 0.15% | — | HELD |
| 41 | MGK | VANGUARD WORLD FD | $295K | 0.15% | — | HELD |
| 42 | SPY | SPDR S&P 500 ETF TR | $293K | 0.15% | — | HELD |
| 43 | HD | HOME DEPOT INC | $292K | 0.15% | +135 | +17.7% |
| 44 | IWP | ISHARES TR | $289K | 0.15% | -55,400 | -96.1% |
| 45 | MOAT | VANECK ETF TRUST | $273K | 0.14% | — | HELD |
| 46 | GS | GOLDMAN SACHS GROUP INC | $255K | 0.13% | — | HELD |
| 47 | PG | PROCTER & GAMBLE CO | $254K | 0.13% | +1,783 | NEW |
| 48 | ORCL | ORACLE CORP | $231K | 0.12% | +1 | +0.1% |
| 49 | GBCI | GLACIER BANCORP INC NEW | $211K | 0.11% | — | HELD |
| 50 | GUT | GABELLI UTIL TR | $150K | 0.08% | -2,460 | -9.0% |
| 51 | VUG | VANGUARD INDEX FDS | — | — | -48,641 | EXITED |
| 52 | VOO | VANGUARD INDEX FDS | — | — | -22,224 | EXITED |
| 53 | SLV | ISHARES SILVER TR | — | — | -20,120 | EXITED |
| 54 | GLD | SPDR GOLD TR | — | — | -2,715 | EXITED |
| 55 | XLRE | SELECT SECTOR SPDR TR | — | — | -13,357 | EXITED |
| 56 | ABBV | ABBVIE INC | — | — | -889 | EXITED |
| 57 | TU | TELUS CORPORATION | — | — | -11,999 | EXITED |
Source: SEC EDGAR · accession 0001656150-26-000002. 13F discloses long positions only — shorts, foreign equities, and options are excluded.