Piedmont Capital Management, LLC Q3 2025 Filing
Filed November 7, 2025
Portfolio Value
$189.5B
Holdings
53
Report Date
Q3 2025
Filing Type
13F-HR
All Holdings (53 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | VUGVANGUARD INDEX FDS | 48,449 | $23.3B | 12.29% | |
| 2 | VYMVANGUARD WHITEHALL FDS | 164,946 | $23.2B | 12.25% | |
| 3 | FEZSPDR INDEX SHS FDS | 370,047 | $23.2B | 12.24% | |
| 4 | GLDMWORLD GOLD TR | 236,351 | $18.1B | 9.56% | |
| 5 | AQLTISHARES TR | 179,925 | $15.8B | 8.33% | |
| 6 | VOOVANGUARD INDEX FDS | 22,124 | $13.6B | 7.15% | |
| 7 | GDXVANECK ETF TRUST | 156,610 | $12.1B | 6.39% | |
| 8 | FLOTISHARES TR | 176,707 | $9.0B | 4.75% | |
| 9 | IWPISHARES TR | 57,797 | $8.2B | 4.32% | |
| 10 | BKLNINVESCO EXCH TRADED FD TR II | 210,031 | $4.4B | 2.32% | |
| 11 | VTIVANGUARD INDEX FDS | 10,064 | $3.3B | 1.74% | |
| 12 | ANGLVANECK ETF TRUST | 101,801 | $3.0B | 1.59% | |
| 13 | AQLTISHARES TR | 47,649 | $2.8B | 1.48% | |
| 14 | CLOIVANECK ETF TRUST | 49,292 | $2.6B | 1.37% | |
| 15 | VIGVANGUARD SPECIALIZED FUNDS | 7,341 | $1.6B | 0.84% | |
| 16 | CSCOCISCO SYS INC | 22,379 | $1.5B | 0.80% | |
| 17 | AORISHARES TR | 22,836 | $1.5B | 0.78% | |
| 18 | IBMIBM CORP | 4,840 | $1.4B | 0.72% | |
| 19 | KOCOCA COLA CO | 18,194 | $1.2B | 0.64% | |
| 20 | BACVERIZON COMMUNICATIONS INC | 27,602 | $1.2B | 0.63% | |
| 21 | STNSTANTEC INC | 10,458 | $1.1B | 0.60% | |
| 22 | —INVSC QQQ TR | 1,790 | $1.1B | 0.57% | |
| 23 | BNDVANGUARD BD INDEX FDS | 14,377 | $1.1B | 0.56% | |
| 24 | JNJJOHNSON & JOHNSON | 5,585 | $1.0B | 0.54% | |
| 25 | GQ9SPDR GOLD TR | 2,848 | $1.0B | 0.54% | |
| 26 | VNQVANGUARD INDEX FDS | 10,333 | $944.5M | 0.50% | |
| 27 | SLVISHARES SILVER TR | 21,281 | $918.4M | 0.48% | |
| 28 | MRKMERCK & CO INC | 9,949 | $881.4M | 0.47% | |
| 29 | MSFTMICROSOFT CORP | 1,699 | $877.6M | 0.46% | |
| 30 | CVXCHEVRON CORP NEW | 5,356 | $825.7M | 0.44% | |
| 31 | AMGNAMGEN INC | 2,687 | $801.3M | 0.42% | |
| 32 | JPMJPMORGAN CHASE & CO | 2,328 | $724.8M | 0.38% | |
| 33 | XOMEXXON MOBIL CORP | 5,978 | $666.0M | 0.35% | |
| 34 | IVVISHARES TR | 950 | $636.4M | 0.34% | |
| 35 | UNHUNITEDHEALTH GROUP INC | 1,821 | $625.5M | 0.33% | |
| 36 | XLRESELECT SECTOR SPDR TR | 12,216 | $514.0M | 0.27% | |
| 37 | NKENIKE INC | 6,834 | $500.3M | 0.26% | |
| 38 | MMM3M CO | 3,014 | $469.2M | 0.25% | |
| 39 | ORCLORACLE CORP | 1,554 | $447.8M | 0.24% | |
| 40 | CATCATERPILLAR INC | 732 | $351.4M | 0.19% | |
| 41 | SPGSIMON PPTY GROUP INC NEW | 1,794 | $333.3M | 0.18% | |
| 42 | MGKVANGUARD WORLD FD | 792 | $319.6M | 0.17% | |
| 43 | SPYSPDR S&P 500 ETF TR | 446 | $297.3M | 0.16% | |
| 44 | HDHOME DEPOT INC | 744 | $295.7M | 0.16% | |
| 45 | MOATVANECK ETF TRUST | 2,820 | $281.1M | 0.15% | |
| 46 | AAPLAPPLE INC | 1,072 | $274.9M | 0.15% | |
| 47 | GBCIGLACIER BANCORP INC NEW | 5,059 | $244.2M | 0.13% | |
| 48 | WMTWALMART INC | 2,340 | $236.9M | 0.12% | |
| 49 | GSGOLDMAN SACHS GROUP INC | 294 | $232.5M | 0.12% | |
| 50 | ABBVABBVIE INC | 879 | $211.1M | 0.11% | |
| 51 | TTELUS CORPORATION | 11,999 | $189.5M | 0.10% | |
| 52 | GUTGABELLI UTIL TR | 27,437 | $166.3M | 0.09% | |
| 53 | NAKNORTHERN DYNASTY MINERALS LT | 10,000 | $11.7M | 0.01% |