UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
12-31-2020
Check here if Amendment: Amendment Number:
This Amendment (Check only one.): is a restatement.
adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
Verity Asset Management, Inc.
Address:
280 S. MANGUM ST. SUITE 550
DURHAM, NC 27701
Form 13F File Number:

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Gordon Wegwart
Title:
President / CCO
Phone:
919-490-6717 x109


Signature, Place, and Date of Signing:

Jeffrey Munsey
                         [Signature]
Durham, NORTH CAROLINA
                 [City, State]
02-05-2021
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
170
Form 13F Information table Value Total:
143418
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M CO COMCOM88579Y1016923,961SHSOLE 0 0 3,961
A10 NETWORKS INC COM00212110126727,087SHSOLE 0 0 27,087
ABBOTT LABSCOM0028241006636,054SHSOLE 0 0 6,054
AIR LEASE CORP CL A00912X30247310,642SHSOLE 0 0 10,642
AMAZON.COM, INCCOM0231351061,085333SHSOLE 0 0 333
AMGEN COMMONCOM0311621007523,272SHSOLE 0 0 3,272
APPLE INCCOM0378331002,42718,289SHSOLE 0 0 18,289
APPLIED MATERIALSCOM0382221052683,106SHSOLE 0 0 3,106
ARES CAPITAL CORPORATION - CLOSED END FUND COM04010L10335921,261SHSOLE 0 0 21,261
AT&T INC COMCOM00206R10255919,433SHSOLE 0 0 19,433
AUTOMATIC DATA PROCESSING COMCOM0530151032841,610SHSOLE 0 0 1,610
BERKSHIRE HATHAWAY INC DEL CL B NEWCL B NEW0846707023741,611SHSOLE 0 0 1,611
BLACKROCK INCCOM09247X101264366SHSOLE 0 0 366
BROADCOM INC COM11135F101275629SHSOLE 0 0 629
BROOKFIELD INFRASTRUCTURE PARTNERS L.P. LIMITED PARTNERSHIP UNITS LP INT UNITG162521012384,809SHSOLE 0 0 4,809
CABOT OIL & GAS CORPCOM12709710353032,575SHSOLE 0 0 32,575
CANADIAN NAT RES LTDCOM1363851012158,919SHSOLE 0 0 8,919
CAPRI HOLDINGS LTD SHSG1890L1072145,097SHSOLE 0 0 5,097
CATALYST BIOSCIENCES INCCOM NEW14888D20817127,047SHSOLE 0 0 27,047
CATERPILLAR INC.COM1491231014052,227SHSOLE 0 0 2,227
CHARLES SCHWABCOM8085136001,88872,488SHSOLE 0 0 72,488
CHEVRON CORP NEWCOM1667641003233,830SHSOLE 0 0 3,830
CISCO SYSTEMS, INC.COM17275R1022445,463SHSOLE 0 0 5,463
COCA-COLA COCOM19121610060811,095SHSOLE 0 0 11,095
COMCAST CORP CL ACL A20030N1014779,096SHSOLE 0 0 9,096
COMMERCIAL METALS COCOM2017231031,09253,160SHSOLE 0 0 53,160
CONSUMER STAPLES SPDR SBI CONS STPLS81369Y3082714,022SHSOLE 0 0 4,022
CONTRA AVI GENOMIC MEDICINE INCCOM008CVR011430,500SHSOLE 0 0 30,500
CVS HEALTH CORPCOM1266501003915,727SHSOLE 0 0 5,727
DISNEY (WALT) COCOM DISNEY2546871066673,680SHSOLE 0 0 3,680
DUKE ENERGY CORP COM NEW26441C50175426,459SHSOLE 0 0 26,459
DUKE ENERGY CORP NEW COMCOM NEW26441C2045516,022SHSOLE 0 0 6,022
EASTMAN CHEMICAL COMPANYCOM2774321003663,647SHSOLE 0 0 3,647
EDWARDS LIFESCIENCES CORPCOM28176E1084685,131SHSOLE 0 0 5,131
EMERSON ELEC. CO.COM2910111047389,179SHSOLE 0 0 9,179
ENERGY TRANSFER OPERATING, LP. COM UT LTD PTN29273V10017928,898SHSOLE 0 0 28,898
ENTERPRISE PRODUCTS PARTNERS L PCOM29379210748524,737SHSOLE 0 0 24,737
ETFMG ALTERNATIVE HARVEST ETFETFMG ALTR HRVST26924G50817712,307SHSOLE 0 0 12,307
EXPERIENCE INVT CORP COM CL A30217C10913612,277SHSOLE 0 0 12,277
EXXON MOBIL CORP COMCOM30231G1022666,444SHSOLE 0 0 6,444
FRANKLIN RES INC COMCOM35461310125610,227SHSOLE 0 0 10,227
G III APPAREL GROUP LTDCOM36237H10159124,893SHSOLE 0 0 24,893
GAMESTOP CORP. CLASS A COMMON STOCK CL A36467W10920510,862SHSOLE 0 0 10,862
GENERAL DYNAMICS CORPORATIONCOM3695501083692,482SHSOLE 0 0 2,482
GENUINE PARTS CO.COM3724601052642,633SHSOLE 0 0 2,633
GILEAD SCIENCE INC.COM3755581034928,446SHSOLE 0 0 8,446
GLOBAL X FDS GLOBAL X URANIUM ETFGLOBAL X URANIUM37954Y87124015,642SHSOLE 0 0 15,642
GRAPHIC PACKAGING HOLDING COMPANY COMMON STOCK COM38868910118610,991SHSOLE 0 0 10,991
HALOZYME THERAPEUTICS, INC COM40637H10979318,575SHSOLE 0 0 18,575
HARMONY GOLD MINING CO LTDSPONSORED ADR41321630014130,122SHSOLE 0 0 30,122
HEICO CORPORATIONCOM4228061096524,922SHSOLE 0 0 4,922
HERCULES CAPITAL INCCOM42709650825817,907SHSOLE 0 0 17,907
HONEYWELL INTLCOM4385161064181,963SHSOLE 0 0 1,963
HYLIION HOLDINGS CORP COM44910910745027,324SHSOLE 0 0 27,324
II-VI INCORPORATEDCOM9021041081,08914,340SHSOLE 0 0 14,340
INTEL CORPCOM4581401003116,242SHSOLE 0 0 6,242
INTERNATIONAL BUSINESS MACHINES CORPCOM4592001011,61412,823SHSOLE 0 0 12,823
INTUIT INCCOM461202103223586SHSOLE 0 0 586
INVESCO BULLETSHARES 2022 HIGH YIELD CORPORATE BOND ETFBULSHS 2020 HY46138J87466428,467SHSOLE 0 0 28,467
INVESCO DB US DOLLAR INDEX BULLISH FUNDBULLISH FD46141D20374230,624SHSOLE 0 0 30,624
INVESCO QQQ TRUST UNIT SER 146090E1031,3594,332SHSOLE 0 0 4,332
INVESCO S&P 500 EQUAL WEIGHT ETFS&P500 EQL WGT46137V3571,47411,554SHSOLE 0 0 11,554
INVESCO SOLAR ETF SOLAR ETF46138G7061,18311,515SHSOLE 0 0 11,515
INVESCO WATER RESOURCES ETF WATER RES ETF46137V1421,26827,297SHSOLE 0 0 27,297
ISHARES COMEX GOLD TR ISHARESISHARES4642851051,03256,913SHSOLE 0 0 56,913
ISHARES COR TOTAL USD BOND MARKET THE ETFCORE TOTAL USD46434V61387916,103SHSOLE 0 0 16,103
ISHARES CORE S&P 500 ETFCORE S&P500 ETF4642872001,5544,140SHSOLE 0 0 4,140
ISHARES CORE S&P SMALL-CAP ETFCORE S&P SCP ETF4642878043673,993SHSOLE 0 0 3,993
ISHARES CORE US AGGREGATE BOND ETFCORE US AGGBD ET4642872262492,106SHSOLE 0 0 2,106
ISHARES FLOATING RATE BOND ETFFLTG RATE NT ETF46429B6551,56330,811SHSOLE 0 0 30,811
ISHARES IBOXX $ INVESTMENT GRADE CO ETFETF4642872425383,898SHSOLE 0 0 3,898
ISHARES S&P 500 GROWTH ETFS&P 500 GRWT ETF4642873092503,917SHSOLE 0 0 3,917
ISHARES SILVER TRUST ISHARES46428Q10972129,325SHSOLE 0 0 29,325
ISHARES TR CHINA LARGE CAP ETFCHINA LG-CAP ETF4642871842,97964,154SHSOLE 0 0 64,154
ISHARES TR RUSSELL 2000 ETFRUSSELL 2000 ETF4642876552,12310,831SHSOLE 0 0 10,831
ISHARES TR S&P MIDCAP 400 GROWTH ETFS&P MC 400GR ETF4642876063454,780SHSOLE 0 0 4,780
ISHARES TR S&P US PFD STOCK INDEX FUNDPFD AND INCM SEC4642886871,48338,502SHSOLE 0 0 38,502
ISHARES US INDUSTRIALS ETFUS INDUSTRIALS4642877543203,300SHSOLE 0 0 3,300
JOHN WILEY & SONS INC CL-ACL A9682232063647,973SHSOLE 0 0 7,973
JOHNSON & JOHNSONCOM4781601044072,586SHSOLE 0 0 2,586
KELLOGG COCOM4878361082003,214SHSOLE 0 0 3,214
KNOLL, INC. COMMON STOCK COM NEW49890420017611,979SHSOLE 0 0 11,979
KROGER COCOM5010441012427,631SHSOLE 0 0 7,631
LAS VEGAS SANDS CORP. COMMON STOCK, PAR VALUE $0.001 PER SHARE COM5178341072353,942SHSOLE 0 0 3,942
LOCKHEED MARTIN CORPCOM5398301095941,674SHSOLE 0 0 1,674
MADRIGAL PHARMACEUTICALS INC COM5588681052051,845SHSOLE 0 0 1,845
MAGELLAN MIDSTREAM PARTNERS LP COM UNIT REPSTG LTD PARTNER INTUNIT LP5590801063037,146SHSOLE 0 0 7,146
MARTEN TRANSPORT, LTD.COM57307510817810,316SHSOLE 0 0 10,316
MCDONALDS CORPCOM5801351015052,355SHSOLE 0 0 2,355
MDC HOLDINGS INCCOM5526761084449,136SHSOLE 0 0 9,136
MERCK & CO INC NEWCOM58933Y1055376,562SHSOLE 0 0 6,562
MICHAELS COS INC COM59408Q10619915,300SHSOLE 0 0 15,300
MICROSOFT CORPCOM5949181041,8408,274SHSOLE 0 0 8,274
MONDELEZ INTL INC CL ACL A6092071053045,199SHSOLE 0 0 5,199
MOSAIC CO NEW COMCOM61945C10358425,362SHSOLE 0 0 25,362
MP MATERIALS CORP COM55336810141612,931SHSOLE 0 0 12,931
MSC INDL DIRECT INC CL ACL A5535301064295,085SHSOLE 0 0 5,085
MTBC INC COM55378G10218019,820SHSOLE 0 0 19,820
NEOPHOTONICS CORP COM COM64051T10012613,852SHSOLE 0 0 13,852
NEWELL BRANDS INCCOM65122910642520,011SHSOLE 0 0 20,011
NEXSTAR MEDIA GROUP INCCL A65336K1033613,303SHSOLE 0 0 3,303
NIKE INC CLASS BCL B6541061034463,151SHSOLE 0 0 3,151
NORTHERN TRUST CORPCOM6658591042022,169SHSOLE 0 0 2,169
NVIDIA CORPCOM67066G1045641,080SHSOLE 0 0 1,080
OMNICOM GROUP INC COMCOM6819191063515,628SHSOLE 0 0 5,628
ORACLE CORPCOM68389X1055167,973SHSOLE 0 0 7,973
PARSLEY ENERGY INC CL A CL A70187710219914,010SHSOLE 0 0 14,010
PAYPAL HLDGS INC COM70450Y1032,0538,765SHSOLE 0 0 8,765
PEPSICO INCCOM7134481085753,875SHSOLE 0 0 3,875
PFIZER INCCOM7170811031,00527,305SHSOLE 0 0 27,305
PHILIP MORRIS INTL INC COMCOM71817210996811,688SHSOLE 0 0 11,688
PHILLIPS 66 COMCOM7185461046709,581SHSOLE 0 0 9,581
PIMCO ETF TR ENHANCED SHORT MAT ACTIVE ETFETF72201R8336065,942SHSOLE 0 0 5,942
PROCTER & GAMBLECOM7427181092251,616SHSOLE 0 0 1,616
PROSHARES TR ULTRASHORT 20 YR TREAS NEWPSHS TR74347B2011,06064,558SHSOLE 0 0 64,558
PUBLIC SERVICE ENTERPRISE GPCOM7445731062153,680SHSOLE 0 0 3,680
RAYTHEON TECHNOLOGIES CORP COM75513E1013164,424SHSOLE 0 0 4,424
ROCKWELL INTERNATIONAL CORPORATIONCOM7739031093461,381SHSOLE 0 0 1,381
ROPER TECHNOLGIES INC COMCOM776696106335777SHSOLE 0 0 777
ROYAL GOLD, INC.COM7802871086015,653SHSOLE 0 0 5,653
SEAGEN INC COM81181C1046233,560SHSOLE 0 0 3,560
SINCLAIR BROADCAST GROUP INC CL ACL A8292261093149,868SHSOLE 0 0 9,868
SKECHERS U.S.A. INCCL A83056610555515,434SHSOLE 0 0 15,434
SKYWORKS SOLUTIONS INC COMCOM83088M1026604,320SHSOLE 0 0 4,320
SOUTHERN COCOM8425871074687,624SHSOLE 0 0 7,624
SPARTANNASH CO COM84721510031918,312SHSOLE 0 0 18,312
SPDR DOW JONES INDL AVERAGE ETF TR UNIT SER 1ETF78467X1099703,171SHSOLE 0 0 3,171
SPDR S&P 500 ETF TR TR UNIT TR UNIT78462F1038,71423,308SHSOLE 0 0 23,308
SPDR S&P MIDCAP 400 ETFUTSER1 S&PDCRP78467Y107332790SHSOLE 0 0 790
SPDR SER TR S&P BIOTECH ETFS&P BIOTECH78464A8701,79112,720SHSOLE 0 0 12,720
SPIRIT AEROSYSTEMS HLDGS INC CL ACOM CL A84857410992623,701SHSOLE 0 0 23,701
SPLUNK INCCOM8486371045583,287SHSOLE 0 0 3,287
SPROTT PHYSICAL GOLD TR UNITUNIT85207H10432121,241SHSOLE 0 0 21,241
STARBUCKS CORPORATIONCOM8552441095765,382SHSOLE 0 0 5,382
STEELCASE INCCL A85815520317813,130SHSOLE 0 0 13,130
SWEDISH EXPT CR CORP ELEMENTS LKD TO ROGERS INTL COMMODITY INDEX AGRI TOTAL RETURNROG AGRI ETN228702976031,836279,065SHSOLE 0 0 279,065
T. ROWE PRICE GROUP, INC.COM74144T1084282,828SHSOLE 0 0 2,828
TEXAS INSTRUMENTS INC.COM8825081048615,249SHSOLE 0 0 5,249
TYSON FOODS INCCL A9024941036339,821SHSOLE 0 0 9,821
UNION PACIFIC CORP.COM9078181085212,500SHSOLE 0 0 2,500
UNITED BANKSHARES INCCOM90990710758918,164SHSOLE 0 0 18,164
UNITED PARCEL SERVICECOM9113121065333,164SHSOLE 0 0 3,164
UR ENERGY INC COM ISIN#CA91688R1082COM91688R108147183,499SHSOLE 0 0 183,499
VANECK VECTORS GOLD MINERS ETFGOLD MINERS ETF92189F1063138,679SHSOLE 0 0 8,679
VANGUARD BD INDEX FDS INTERMED TERMINTERMED TERM9219378192572,771SHSOLE 0 0 2,771
VANGUARD CHARLOTTE FDS TOTAL INTL BD INDEX FDINTL BD IDX ETF92203J4074,32573,866SHSOLE 0 0 73,866
VANGUARD DIVIDEND APPRECIATION VIPERS DIV APP ETF9219088442071,464SHSOLE 0 0 1,464
VANGUARD INDEX FDS S&P 500 ETF SHS NEWS&P 500 ETF SHS9229083639,77928,454SHSOLE 0 0 28,454
VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTSFTSE EMR MKT ETF9220428582,04140,739SHSOLE 0 0 40,739
VANGUARD MALVERN FDS SHORT TERM INFLATION PROTECTED SECS INDEX ETFSTRM INFPROIDX92202080510,103197,702SHSOLE 0 0 197,702
VANGUARD MUN BD FDS TAX EXEMPT BD INDEX FD ETFTAX EXEMPT BD92290774696717,515SHSOLE 0 0 17,515
VANGUARD SCOTTSDALE FDS VANGUARD INTERMEDIATE TERM GOVT BOND INDEX FDINTER TERM TREAS92206C7062,10530,320SHSOLE 0 0 30,320
VANGUARD SCOTTSDALE FDS VANGUARD MTG-BACKED SECS IDX FD ETFMORTG-BACK SEC92206C7712444,520SHSOLE 0 0 4,520
VANGUARD SHORT TERM GOVT BOND ETFSHORT TERM TREAS92206C1022223,606SHSOLE 0 0 3,606
VANGUARD SMALL-CAP VIPERS SMALL CP ETF9229087512,41612,412SHSOLE 0 0 12,412
VANGUARD ST BOND ETF SHORT TRM BOND9219378274,70456,748SHSOLE 0 0 56,748
VANGUARD STAR FD VANGUARD TOTAL INTL STOCK INDEX FD ETF SHSVG TL INTL STK F9219097682,09034,734SHSOLE 0 0 34,734
VANGUARD TAX MANAGED INTL FD MSCIFTSE DEV MKT ETF9219438581,67035,370SHSOLE 0 0 35,370
VANGUARD TOTAL STOCK MARKET VIPERS TOTAL STK MKT9229087692,72513,998SHSOLE 0 0 13,998
VANGUARD TTL BD MKT TOTAL BND MRKT9219378353033,439SHSOLE 0 0 3,439
VERIZON COMMUNICATIONSCOM92343V10478913,432SHSOLE 0 0 13,432
VISA INC COM CL ACOM CL A92826C8396532,986SHSOLE 0 0 2,986
WACCAMAW BANKSHARES INC - COMMON STOCK COM929741106 0 20,000SHSOLE 0 0 20,000
WALGREEN BOOTS ALLIANCE INC COM COM93142710847211,839SHSOLE 0 0 11,839
WALMART, INC.COM9311421031,76512,243SHSOLE 0 0 12,243
WESTROCK CO COM SHS COM96145D1052445,611SHSOLE 0 0 5,611
WHIRL POOL CORPCOM9633201063171,754SHSOLE 0 0 1,754
WISDOMTREE TR INDIA EARNINGS FDINDIA TR97717W42235011,989SHSOLE 0 0 11,989
XILINX INCCOM9839191017525,303SHSOLE 0 0 5,303