Q3 2026 13F · SEC CIK 2108281

Piedmont Capital Management, LLC/NC

Hedge fundFiled 2026-10-21 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $168.5M
Reported positions: 125
Holdings vs S&P 500, 3 yrs: —
Average holding period: 1.0 yrs

Piedmont Capital Management, LLC/NC is a hedge fund that reported 125 positions worth $168.5M in its Q3 2026 13F, filed 2026-10-21. Its largest holdings were Vanguard Index Fds (VOO, 15.8%), Vanguard Ftse Developed Markets Index Fu (VEA, 7.0%), Franklin Templeton ETF Tr (FLQM, 5.7%).

Piedmont Capital Management, LLC/NC holdings largest 50 of 125 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Piedmont Capital Management, LLC/NC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
VOOVanguard Index Fds	15.8%	15.5%	37,994	+2.9%	$26.6M
VEAVanguard Ftse Developed Markets Index Fu	7.0%	7.2%	167,839	+0.9%	$11.9M
FLQMFranklin Templeton ETF Tr	5.7%	6.1%	166,743	-3.6%	$9.6M
LVHILegg Mason ETF Invt	5.0%	4.7%	201,551	+5.3%	$8.4M
SPYState Str Spdr S&p 500 ETF T	4.7%	4.8%	10,478	-0.2%	$8.0M
IWDIshares Tr	4.0%	4.1%	27,500	+0.0%	$6.8M
BRK-ABerkshire Hathaway Inc Del	4.0%	4.1%	9	+0.0%	$6.7M
IVVIshares Tr	3.3%	3.3%	7,339	+0.2%	$5.6M
AAPLApple Inc	3.1%	2.7%	15,542	+0.9%	$5.2M
NVDANvidia Corporation	3.0%	2.7%	21,959	-1.3%	$5.0M
SCHGSchwab Strategic Tr	2.8%	2.6%	132,190	+5.4%	$4.7M
EAGL2023 ETF Series Trust	2.5%	2.4%	121,935	+0.4%	$4.1M
MSFTMicrosoft Corp	2.3%	1.7%	7,532	+0.3%	$3.9M
SCHDSchwab Strategic Tr	2.0%	1.8%	104,085	+11.9%	$3.4M
GOOGLAlphabet Inc	1.9%	2.0%	9,287	-0.6%	$3.2M
AXPAmerican Express Co	1.2%	1.4%	6,840	-0.6%	$2.1M
AMZNAmazon Com Inc	1.1%	1.1%	7,552	+2.0%	$1.9M
BRK-BBerkshire Hathaway Inc Del	1.1%	1.1%	3,661	-0.8%	$1.8M
VTIVanguard Index Fds	1.0%	1.0%	4,446	+1.4%	$1.7M
AMDAdvanced Micro Devices Inc	0.9%	0.9%	2,426	-1.4%	$1.5M
METAMeta Platforms Inc	0.9%	0.7%	1,989	+0.3%	$1.4M
TSMTaiwan Semiconductor Manufac	0.8%	0.9%	2,838	-4.7%	$1.3M
FXNCFirst Natl Corp Va	0.7%	0.8%	42,955	+0.0%	$1.3M
SPOTSpotify Technology SA	0.7%	0.6%	2,289	-0.5%	$1.1M
FRDMEa Series Trust	0.7%	—	15,881	—	$1.1M
VBVanguard Index Fds	0.7%	0.7%	3,900	+0.0%	$1.1M
WESTWestrock Coffee Co	0.7%	0.7%	137,488	+0.0%	$1.1M
AVGOBroadcom Inc	0.7%	0.7%	3,121	-0.3%	$1.1M
MUMicron Technology Inc	0.6%	0.8%	980	-16.4%	$1.0M
LLYEli Lilly & Co	0.6%	0.6%	871	+0.0%	$1.0M
PMPhilip Morris Intl Inc	0.5%	0.5%	4,722	+0.0%	$901K
SCHVSchwab Strategic Tr	0.5%	0.6%	26,550	+0.0%	$884K
BNYBank of Ny Mellon Corp	0.5%	0.5%	5,865	+0.0%	$848K
AMATApplied Matls Inc	0.5%	0.7%	1,578	+0.0%	$807K
VVisa Inc	0.5%	0.5%	2,201	+0.0%	$791K
MSMorgan Stanley	0.5%	0.5%	4,185	+0.0%	$787K
JPMJpmorgan Chase & Co	0.4%	0.5%	2,268	+0.0%	$750K
GOOGAlphabet Inc	0.4%	0.5%	2,202	+0.0%	$750K
HDHome Depot Inc	0.4%	0.6%	2,515	-3.4%	$715K
IWRIshares Tr	0.4%	0.4%	6,648	+0.0%	$709K
MRKMerck & Co Inc	0.4%	0.4%	4,866	+2.1%	$707K
ADIAnalog Devices Inc	0.4%	0.4%	1,723	+0.0%	$684K
XOMExxonmobil Holdings Corp	0.4%	—	4,181	—	$680K
TSLATesla Inc	0.4%	0.5%	1,904	-4.2%	$676K
AMPAmeriprise Finl Inc	0.4%	0.4%	1,348	+0.0%	$664K
DASHDoordash Inc	0.4%	0.4%	3,467	+0.0%	$636K
BACBank of Amer Corp	0.4%	0.4%	11,421	+0.0%	$622K
CSCOCisco Sys Inc	0.4%	0.4%	5,669	+0.0%	$610K
ITOTIshares Tr	0.4%	—	3,591	—	$597K
DGROIshares Tr	0.4%	—	7,861	—	$593K

What Piedmont Capital Management, LLC/NC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

Reduced

MU Micron Technology Inc-16.4% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: —
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$168.5M	125
Q2 2026	$163.8M	123
Q1 2026	$149.9M	119
Q4 2025	$152.1M	115

Questions about Piedmont Capital Management, LLC/NC's portfolio

What stocks does Piedmont Capital Management, LLC/NC own?

Piedmont Capital Management, LLC/NC's latest 13F, for Q3 2026 and filed Oct 21, 2026, lists 125 positions worth $168.5M. The largest are Vanguard Index Fds (VOO) at 15.8%, Vanguard Ftse Developed Markets Index Fu (VEA) at 7.0%, Franklin Templeton ETF Tr (FLQM) at 5.7%, Legg Mason ETF Invt (LVHI) at 5.0% and State Str Spdr S&p 500 ETF T (SPY) at 4.7%.

What did Piedmont Capital Management, LLC/NC buy last quarter?

In Q3 2026, Piedmont Capital Management, LLC/NC added Schwab Strategic Tr (SCHD) (+11.9% shares), Schwab Strategic Tr (SCHG) (+5.4% shares) and Legg Mason ETF Invt (LVHI) (+5.3% shares), compared with its Q2 2026 filing.

What did Piedmont Capital Management, LLC/NC sell last quarter?

In Q3 2026, Piedmont Capital Management, LLC/NC cut from its top 50 Vanguard World Fd (VGT), cut from its top 50 Caterpillar Inc (CAT), cut from its top 50 Texas Instrs Inc (TXN), cut from its top 50 Oracle Corp (ORCL) and Micron Technology Inc (MU) (-16.4% shares), compared with its Q2 2026 filing.

When is Piedmont Capital Management, LLC/NC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Piedmont Capital Management, LLC/NC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.