THOMPSON DAVIS & CO., INC.

RICHMOND, VA · CIK 1017284 · 13F filing filed 2026-07-29

SEC-registered investment adviser since 2021 · corporation

Assets managed$211.3m
Staff9 · 6 in investment roles
Main clients (by assets)High net worth individuals 67%, Individuals 29%, Private funds 2%
Private funds1 (1 hedge) · $4.1m gross assets
Form ADV · 2026-09-10SEC adviser record

$167.2m reported value +11.5% vs Q1 2026

168positions

51.5%in top 10

52 new 49 added 38 reduced 25 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SMITH MIDLAND CORP COM SMID	SMID	1,824,119	$52.9m31.63%	31.63%	Reduced -17.7k	-17,656 -1.0%
2	CARLISLE COS INC COM CSL	CSL	28,947	$10.5m6.28%	6.28%	Reduced -35	-35 -0.1%
3	DOVER CORP COM DOV	DOV	20,870	$4.7m2.80%	2.80%	Reduced -50	-50 -0.2%
4	J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF JPST	JPST	63,274	$3.2m1.91%	1.91%	Added +18.8k	+18,823 42.4%
5	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	4,613	$3.2m1.89%	1.89%	Added +346	+346 8.1%
6	SHERWIN WILLIAMS CO COM SHW	SHW	7,500	$2.6m1.54%	1.54%	Unchanged
7	GE VERNOVA INC COM GEV	GEV	2,119	$2.5m1.49%	1.49%	Unchanged
8	APPLE INC COM AAPL	AAPL	8,273	$2.4m1.43%	1.43%	Added +3.8k	+3,777 84.0%
9	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	9,363	$2.2m1.32%	1.32%	Reduced -189	-189 -2.0%
10	CHUBB LIMITED COM CB	CB	6,025	$2.1m1.23%	1.23%	Unchanged
11	CORNING INC COM GLW	GLW	8,020	$2.0m1.22%	1.22%	New
12	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	22,133	$2.0m1.21%	1.21%	Added +3.5k	+3,483 18.7%
13	NVIDIA CORPORATION COM NVDA	NVDA	9,420	$1.9m1.13%	1.13%	Added +529	+529 6.0%
14	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	2,701	$1.8m1.06%	1.06%	Reduced -50	-50 -1.8%
15	COMFORT SYS USA INC COM FIX	FIX	862	$1.7m1.02%	1.02%	Reduced -949	-949 -52.4%
16	SPDR SER TR PORTFOLIO SH TSR SPTS	SPTS	56,130	$1.6m0.97%	0.97%	Added +4.1k	+4,100 7.9%
17	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	16,575	$1.5m0.87%	0.87%	Added +125	+125 0.8%
18	PROFOUND MED CORP COM NEW PROF	PROF	216,535	$1.4m0.86%	0.86%	Added +750	+750 0.3%
19	ELI LILLY & CO COM LLY	LLY	1,200	$1.4m0.86%	0.86%	Unchanged
20	DYCOM INDS INC COM DY	DY	2,709	$1.4m0.82%	0.82%	Added +105	+105 4.0%
21	ALPHABET INC CAP STK CL C GOOG	GOOG	3,774	$1.3m0.80%	0.80%	Added +237	+237 6.7%
22	GE AEROSPACE COM NEW GE	GE	3,444	$1.3m0.77%	0.77%	Unchanged
23	AMAZON COM INC COM AMZN	AMZN	5,231	$1.2m0.75%	0.75%	Added +3.2k	+3,232 161.7%
24	COSTCO WHSL CORP NEW COM COST	COST	1,281	$1.2m0.72%	0.72%	Reduced -23	-23 -1.8%
25	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	3,275	$1.1m0.69%	0.69%	Added +165	+165 5.3%
26	SPDR SER TR PORTFLI INTRMDIT SPTI	SPTI	40,187	$1.1m0.68%	0.68%	Added +42	+42 0.1%
27	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	34,807	$1.1m0.66%	0.66%	Added +17.6k	+17,644 102.8%
28	VANGUARD INDEX FDS VALUE ETF VTV	VTV	5,050	$1.1m0.66%	0.66%	Reduced -26	-26 -0.5%
29	VANGUARD WORLD FD ESG US STK ETF ESGV	ESGV	8,124	$1.1m0.64%	0.64%	Unchanged
30	MICRON TECHNOLOGY INC COM MU	MU	923	$1.1m0.64%	0.64%	Reduced -571	-571 -38.2%
31	ENERGY SVCS ACQUISITION CORP COM ESOA	ESOA	54,825	$1.1m0.63%	0.63%	Added +34.5k	+34,475 169.4%
32	J P MORGAN EXCHANGE TRADED F ULTRA SHT MUNCPL JMST	JMST	20,301	$1.0m0.62%	0.62%	Unchanged
33	BLACKBERRY LTD COM BB	BB	74,315	$1.0m0.60%	0.60%	Added +54.4k	+54,395 273.1%
34	SPDR GOLD TR GOLD SHS GLD	GLD	2,635	$970.7k0.58%	0.58%	Reduced -5	-5 -0.2%
35	MARKEL GROUP INC COM MKL	MKL	482	$941.4k0.56%	0.56%	Added +15	+15 3.2%
36	LIGHTPATH TECHNOLOGIES INC COM CL A LPTH	LPTH	56,250	$919.7k0.55%	0.55%	Reduced -6.8k	-6,750 -10.7%
37	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,554	$913.3k0.55%	0.55%	Added +692	+692 37.2%
38	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	10,332	$890.0k0.53%	0.53%	Unchanged
39	VANECK MERK GOLD ETF GOLD SHS OUNZ	OUNZ	21,500	$829.7k0.50%	0.50%	Added +1.6k	+1,550 7.8%
40	ROCKET LAB CORP COM RKLB	RKLB	8,125	$825.9k0.49%	0.49%	Added +175	+175 2.2%
41	MICROSOFT CORP COM MSFT	MSFT	2,158	$805.0k0.48%	0.48%	Added +349	+349 19.3%
42	CISCO SYS INC COM CSCO	CSCO	6,806	$799.4k0.48%	0.48%	Added +97	+97 1.4%
43	BABCOCK & WILCOX ENTERPRISES COM BW	BW	56,375	$794.9k0.48%	0.48%	Added +410	+410 0.7%
44	VANGUARD INDEX FDS SMALL CP ETF VB	VB	2,607	$790.2k0.47%	0.47%	Unchanged
45	WALMART INC COM WMT	WMT	6,944	$783.1k0.47%	0.47%	Added +791	+791 12.9%
46	VANGUARD WORLD FD ESG INTL STK ETF VSGX	VSGX	9,451	$778.2k0.47%	0.47%	Unchanged
47	INVESCO EXCHANGE TRADED FD T AI AND NEXT GEN IGPT	IGPT	7,475	$778.1k0.47%	0.47%	New
48	META PLATFORMS INC CL A META	META	1,366	$769.5k0.46%	0.46%	Added +50	+50 3.8%
49	TECOGEN INC NEW COM NEW TGEN	TGEN	144,840	$755.9k0.45%	0.45%	Added +45.8k	+45,840 46.3%
50	SPDR INDEX SHS FDS GLB NAT RESRCE GNR	GNR	10,800	$726.9k0.43%	0.43%	Added +3.5k	+3,450 46.9%
51	TESLA INC COM TSLA	TSLA	1,700	$715.0k0.43%	0.43%	Reduced -125	-125 -6.8%
52	GENEDX HOLDINGS CORP COM CL A WGS	WGS	10,050	$689.9k0.41%	0.41%	Reduced -5.6k	-5,591 -35.8%
53	ADVANCED MICRO DEVICES INC COM AMD	AMD	1,130	$656.4k0.39%	0.39%	New
54	EMCOR GROUP INC COM EME	EME	775	$643.2k0.38%	0.38%	Added +25	+25 3.3%
55	JOHNSON & JOHNSON COM JNJ	JNJ	2,301	$584.4k0.35%	0.35%	Added +205	+205 9.8%
56	J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM JEPQ	JEPQ	9,021	$554.4k0.33%	0.33%	Added +4.1k	+4,106 83.5%
57	QXO INC COM NEW QXO	QXO	31,865	$550.6k0.33%	0.33%	New
58	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	4,700	$548.3k0.33%	0.33%	Added +2.5k	+2,512 114.8%
59	FREQUENCY ELECTRS INC COM FEIM	FEIM	8,150	$540.8k0.32%	0.32%	Reduced -20.5k	-20,465 -71.5%
60	FTAI AVIATION LTD SHS FTAI	FTAI	1,950	$527.5k0.32%	0.32%	New
61	UBER TECHNOLOGIES INC COM UBER	UBER	7,165	$517.0k0.31%	0.31%	New
62	SOLARIS ENERGY INFRAS INC COM CL A SEI	SEI	6,425	$517.0k0.31%	0.31%	Unchanged
63	SPDR SERIES TRUST PORTFOLIO S&P400 SPMD	SPMD	7,630	$515.5k0.31%	0.31%	Added +255	+255 3.5%
64	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	4,327	$507.5k0.30%	0.30%	Reduced -1.4k	-1,420 -24.7%
65	CENTURI HOLDINGS INC COM SHS CTRI	CTRI	16,525	$499.7k0.30%	0.30%	New
66	ISHARES TR CORE S&P500 ETF IVV	IVV	660	$494.3k0.30%	0.30%	Added +332	+332 101.2%
67	SANDISK CORP COM SNDK	SNDK	217	$493.4k0.30%	0.30%	Reduced -328	-328 -60.2%
68	CEMEX SAB DE CV SPON ADR NEW CX	CX	41,000	$492.0k0.29%	0.29%	Added +7.0k	+7,000 20.6%
69	SSGA ACTIVE TR STATE STREET US SPIN	SPIN	14,897	$479.3k0.29%	0.29%	Added +5.0k	+5,007 50.6%
70	SHIMMICK CORPORATION COM SHIM	SHIM	104,000	$475.3k0.28%	0.28%	Reduced -21.5k	-21,500 -17.1%
71	NVENT ELECTRIC PLC SHS NVT	NVT	2,800	$474.9k0.28%	0.28%	Unchanged
72	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	600	$457.9k0.27%	0.27%	Unchanged
73	VICOR CORP COM VICR	VICR	1,200	$455.7k0.27%	0.27%	New
74	SPDR DOW JONES INDL AVERAGE UT SER 1 DIA	DIA	850	$444.2k0.27%	0.27%	New
75	TUTOR PERINI CORP COM TPC	TPC	5,335	$442.6k0.26%	0.26%	Reduced -2.8k	-2,792 -34.4%
76	VIKING HOLDINGS LTD ORD SHS VIK	VIK	3,975	$416.1k0.25%	0.25%	Unchanged
77	PROCTER AND GAMBLE CO COM PG	PG	2,823	$414.0k0.25%	0.25%	Added +30	+30 1.1%
78	NOVO-NORDISK A S ADR NVO	NVO	8,550	$409.9k0.25%	0.25%	New
79	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	5,686	$405.1k0.24%	0.24%	Reduced -1.7k	-1,748 -23.5%
80	EATON CORP PLC SHS ETN	ETN	950	$404.8k0.24%	0.24%	Unchanged
81	VANGUARD ADMIRAL FDS INC SMLLCP 600 IDX VIOO	VIOO	2,925	$402.3k0.24%	0.24%	Added +750	+750 34.5%
82	ELECTROVAYA INC COM NEW ELVA	ELVA	37,950	$398.5k0.24%	0.24%	Added +25	+25 0.1%
83	SSGA ACTIVE TR SPDR BLACKSTONE HYBL	HYBL	13,800	$385.7k0.23%	0.23%	New
84	ISHARES TR FLTG RATE NT ETF FLOT	FLOT	7,506	$383.2k0.23%	0.23%	Added +7	+7 0.1%
85	MASTEC INC COM MTZ	MTZ	915	$380.7k0.23%	0.23%	Reduced -75	-75 -7.6%
86	BUILDERS FIRSTSOURCE INC COM BLDR	BLDR	4,250	$380.3k0.23%	0.23%	New
87	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	1,950	$371.5k0.22%	0.22%	Reduced -500	-500 -20.4%
88	TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS SPONSORED ADS		10,900	$369.3k0.22%	0.22%	Added +500	+500 4.8%
89	VANGUARD WHITEHALL FDS INTL HIGH ETF VYMI	VYMI	3,750	$368.2k0.22%	0.22%	Unchanged
90	VISA INC COM CL A V	V	1,072	$367.8k0.22%	0.22%	Reduced -183	-183 -14.6%
91	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	1,492	$367.3k0.22%	0.22%	Unchanged
92	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	2,085	$356.2k0.21%	0.21%	New
93	CVS HEALTH CORP COM CVS	CVS	3,400	$351.7k0.21%	0.21%	New
94	NEXTDOOR HOLDINGS INC COM CL A NXDR	NXDR	151,643	$344.8k0.21%	0.21%	Added +103.2k	+103,200 213.0%
95	VANGUARD BD INDEX FDS VANGUARD ULTRA VUSB	VUSB	6,873	$342.2k0.20%	0.20%	New
96	SUNCRETE INC COM SHS CL A RMIX	RMIX	15,050	$339.1k0.20%	0.20%	New
97	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	3,162	$338.7k0.20%	0.20%	Reduced -2.0k	-2,005 -38.8%
98	CHENIERE ENERGY INC COM NEW LNG	LNG	1,375	$328.6k0.20%	0.20%	Unchanged
99	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	440	$328.6k0.20%	0.20%	Unchanged
100	INTEL CORP COM INTC	INTC	2,300	$321.1k0.19%	0.19%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TJX COS INC NEW TJX	TJX	6,115	$976.6k6.1k shares
PLANET LABS PBC PL	PL	23,050	$644.2k23.1k shares
GILAT SATELLITE NETWORKS LTD GILT	GILT	33,815	$507.9k33.8k shares
NETFLIX INC NFLX	NFLX	4,720	$453.8k4.7k shares
GLOBAL X FDS SHLD	SHLD	6,031	$427.2k6.0k shares
ISHARES INC RING	RING	5,050	$398.8k5.0k shares
PERMA-PIPE INTL HLDGS INC PPIH	PPIH	12,305	$366.8k12.3k shares
APPLIED OPTOELECTRONICS INC AAOI	AAOI	3,659	$309.5k3.7k shares
SELECT SECTOR SPDR TR XLV	XLV	2,014	$295.3k2.0k shares
FLOTEK INDS INC DEL FTK	FTK	16,050	$272.4k16.1k shares
NORTHROP GRUMMAN CORP NOC	NOC	361	$246.3k361 shares
VIASAT INC VSAT	VSAT	5,250	$240.4k5.2k shares
YORK SPACE SYSTEMS INC YSS	YSS	10,350	$229.5k10.3k shares
GLOBAL X FDS AIQ	AIQ	4,900	$228.7k4.9k shares
FIREFLY AEROSPACE INC FLY	FLY	7,735	$220.2k7.7k shares
SPDR SERIES TRUST XME	XME	2,001	$216.1k2.0k shares
ROCKY MTN CHOCOLATE FACTORY RMCF	RMCF	95,555	$215.0k95.6k shares
ISHARES TR IWM	IWM	835	$207.1k835 shares
TRANSOCEAN LTD RIG	RIG	27,950	$185.3k27.9k shares
ADTRAN HOLDINGS INC ADTN	ADTN	11,865	$149.3k11.9k shares
CPI AEROSTRUCTURES INC CVU	CVU	31,375	$123.0k31.4k shares
REPOSITRAK INC TRAK	TRAK	11,600	$88.2k11.6k shares
INDONESIA ENERGY CORP LTD INDO	INDO	15,300	$52.6k15.3k shares
AMPLITECH GROUP INC AMPG	AMPG	12,000	$22.8k12.0k shares
CAMBIUM NETWORKS CORP CMBMF	CMBMF	13,500	$2.0k13.5k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
SMITH MIDLAND CORP SMID · 13D · filed 2026-10-07	SMID	35.4%≈ $55.0m	+1.5 pts	13D	2026-10-07