HICKORY ASSET MANAGEMENT, INC.

CIK

2053626

Location

Concord, OH

Portfolio Value

Micro $37,925,107

Diversification

Diversified

Filing Date

Global Rank

#6,772 / 7,991 ▼ 18

Top Industry

Internet Content & Information 14.4%

3Y Alpha vs SPY

-7.2%

Period ended 12 months ago

Filed Jul 22, 2025 · 11mo

3 quarters · since Dec 2024

Clone Performance

Feb 2025–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+13.4%

SPY

+23.4%

Annualised alpha

-7.2%

Max drawdown

−18.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

48 positions · as of Jun 30, 2025 · Δ vs Mar 31, 2025

Top Position

18.5%

+0.7 pts

Top 5

40.9%

+3.3 pts

Top 10

58.7%

+2.6 pts

HHI

588

Diversified+44

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2025

Sector	% Portfolio	Value	Positions
Technology	19.4%	$7,376,335	11
Unclassified	18.5%	$7,016,309	1
Communication Services	14.3%	$5,418,666	4
Financial Services	14.3%	$5,407,235	6
Consumer Cyclical	13.1%	$4,969,995	7
Healthcare	10.7%	$4,039,618	8
Industrials	2.9%	$1,115,657	4
Consumer Defensive	2.9%	$1,083,338	2
Basic Materials	2.3%	$858,738	2
Energy	1.7%	$639,216	3

Last Quarter's Activity

Export CSV

Jun 30, 2025 vs Mar 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AMAT	Applied Materials Inc /De	+1,036	3,631	$664,727
SCHW	Schwab Charles Corp	+137	16,933	$1,544,966
ORCL	Oracle Corp	+58	2,460	$537,829
META	Meta Platforms, Inc.	+53	3,181	$2,347,864
DEO	Diageo PLC	+53	3,096	$312,200
JPM	Jpmorgan Chase & Co	+52	2,174	$630,264
ADI	Analog Devices Inc	+52	1,712	$407,490
ELV	Elevance Health, Inc.	+50	2,603	$1,012,462
AMZN	Amazon Com Inc	+50	7,725	$1,694,787
BAC	Bank Of America Corp /De/	+39	7,578	$358,590
PM	Philip Morris International Inc.	+36	4,234	$771,138
APD	Air Products & Chemicals, Inc.	+35	2,031	$572,863
CRM	Salesforce, Inc.	+28	1,435	$391,310
COP	Conocophillips	+26	3,863	$346,665
V	Visa Inc.	+25	3,931	$1,395,701
BNY	Bank of New York Mellon Corp	+23	4,303	$392,046
EBAY	Ebay Inc	+16	4,500	$335,070
NSC	Norfolk Southern Corp	+8	1,461	$373,972
RTX	RTX Corp	+7	1,715	$250,424
UNH	Unitedhealth Group Inc	+6	1,056	$329,440
LOW	Lowes Companies Inc	+5	1,113	$246,941
ADBE	Adobe Inc.	+4	750	$290,160
GD	General Dynamics Corp	+4	948	$276,493
ECL	Ecolab Inc.	+3	1,061	$285,875
BKNG	Booking Holdings Inc.	+3	318	$1,840,978
No positions match the current search.

Trimmed

Positions the filer reduced

14 positions

Ticker	Company	Δ Shares	Shares	Value
CHKP	Check Point Software Technologies Ltd	−812	1,583	$350,238
COR	Cencora, Inc.	−624	1,838	$551,124
AAPL	Apple Inc.	−415	2,815	$577,553
KMX	Carmax Inc	−334	5,438	$365,487
IQV	Iqvia Holdings Inc.	−225	4,351	$685,674
QQQ	Invesco Qqq Trust, Series 1	−215	12,719	$7,016,309
DIS	Walt Disney Co	−91	6,158	$763,653
QCOM	Qualcomm Inc/De	−57	2,799	$445,768
MDT	Medtronic plc	−53	2,712	$236,405
GOOGL	Alphabet Inc.	−29	11,880	$2,093,612
ADSK	Autodesk, Inc.	−25	1,867	$577,967
XOM	Exxon Mobil Corp	−21	2,545	$274,351
CMCSA	Comcast Corp	−16	6,384	$213,537
MSFT	Microsoft Corp	−1	4,451	$2,213,971
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
BA	Boeing Co	1,025	$214,768
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
BDX	Becton Dickinson & Co	1,037	$186,741
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

48 positions · $37,925,107 total · as of Jun 30, 2025

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1	Reduced	12,719	-215	$7,016,309	+15.7%	18.50%
META	Meta Platforms, Inc. Communication Services	Added	3,181	+53	$2,347,864	+30.2%	6.19%
MSFT	Microsoft Corp Technology	Reduced	4,451	-1	$2,213,971	+32.5%	5.84%
GOOGL	Alphabet Inc. Communication Services	Reduced	11,880	-29	$2,093,612	+13.7%	5.52%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	318	+3	$1,840,978	+26.9%	4.85%
AMZN	Amazon Com Inc Consumer Cyclical	Added	7,725	+50	$1,694,787	+16.1%	4.47%
SCHW	Schwab Charles Corp Financial Services	Added	16,933	+137	$1,544,966	+17.5%	4.07%
V	Visa Inc. Financial Services	Added	3,931	+25	$1,395,701	+2.0%	3.68%
MA	Mastercard Inc Financial Services	Added	1,932	+1	$1,085,668	+2.6%	2.86%
ELV	Elevance Health, Inc. Healthcare	Added	2,603	+50	$1,012,462	−8.8%	2.67%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	4,059	0	$919,322	+36.4%	2.42%
PM	Philip Morris International Inc. Consumer Defensive	Added	4,234	+36	$771,138	+15.7%	2.03%
DIS	Walt Disney Co Communication Services	Reduced	6,158	-91	$763,653	+23.8%	2.01%
IQV	Iqvia Holdings Inc. Healthcare	Reduced	4,351	-225	$685,674	−15.0%	1.81%
AMAT	Applied Materials Inc /De Technology	Added	3,631	+1,036	$664,727	+76.5%	1.75%
JPM	Jpmorgan Chase & Co Financial Services	Added	2,174	+52	$630,264	+21.1%	1.66%
ADSK	Autodesk, Inc. Technology	Reduced	1,867	-25	$577,967	+16.7%	1.52%
AAPL	Apple Inc. Technology	Reduced	2,815	-415	$577,553	−19.5%	1.52%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	2,031	+35	$572,863	−2.7%	1.51%
COR	Cencora, Inc. Healthcare	Reduced	1,838	-624	$551,124	−19.5%	1.45%
ORCL	Oracle Corp Technology	Added	2,460	+58	$537,829	+60.2%	1.42%
VEEV	Veeva Systems Inc Healthcare	Held	1,735	0	$499,645	+24.3%	1.32%
QCOM	Qualcomm Inc/De Technology	Reduced	2,799	-57	$445,768	+1.6%	1.18%
NVS	Novartis AG Healthcare	Held	3,465	0	$419,299	+8.5%	1.11%
ADI	Analog Devices Inc Technology	Added	1,712	+52	$407,490	+21.7%	1.07%
BNY	Bank of New York Mellon Corp Financial Services	Added	4,303	+23	$392,046	+9.2%	1.03%
CRM	Salesforce, Inc. Technology	Added	1,435	+28	$391,310	+3.6%	1.03%
NSC	Norfolk Southern Corp Industrials	Added	1,461	+8	$373,972	+8.7%	0.99%
KMX	Carmax Inc Consumer Cyclical	Reduced	5,438	-334	$365,487	−18.7%	0.96%
BAC	Bank Of America Corp /De/ Financial Services	Added	7,578	+39	$358,590	+14.0%	0.95%
CHKP	Check Point Software Technologies Ltd Technology	Reduced	1,583	-812	$350,238	−35.8%	0.92%
COP	Conocophillips Energy	Added	3,863	+26	$346,665	−14.0%	0.91%
EBAY	Ebay Inc Consumer Cyclical	Added	4,500	+16	$335,070	+10.3%	0.88%
UNH	Unitedhealth Group Inc Healthcare	Added	1,056	+6	$329,440	−40.1%	0.87%
DEO	Diageo PLC Consumer Defensive	Added	3,096	+53	$312,200	−2.1%	0.82%
MCK	Mckesson Corp Healthcare	Held	417	0	$305,569	+8.9%	0.81%
ADBE	Adobe Inc. Technology	Added	750	+4	$290,160	+1.4%	0.77%
ECL	Ecolab Inc. Basic Materials	Added	1,061	+3	$285,875	+6.6%	0.75%
GD	General Dynamics Corp Industrials	Added	948	+4	$276,493	+7.5%	0.73%
XOM	Exxon Mobil Corp Energy	Reduced	2,545	-21	$274,351	−10.1%	0.72%
TSLA	Tesla, Inc. Consumer Cyclical	Held	790	0	$250,951	+22.6%	0.66%
RTX	RTX Corp Industrials	Added	1,715	+7	$250,424	+10.7%	0.66%
LOW	Lowes Companies Inc Consumer Cyclical	Added	1,113	+5	$246,941	−4.4%	0.65%
MDT	Medtronic plc Healthcare	Reduced	2,712	-53	$236,405	−4.9%	0.62%
MCD	Mcdonalds Corp Consumer Cyclical	Added	807	+1	$235,781	−6.4%	0.62%
BA	Boeing Co Industrials	NEW	1,025	NEW	$214,768	NEW	0.57%
CMCSA	Comcast Corp Communication Services	Reduced	6,384	-16	$213,537	−3.5%	0.56%
DNN	Denison Mines Corp. Energy	Held	10,000	0	$18,200	+40.0%	0.05%