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:
09-30-2019
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:
028-15857

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]
10-31-2019
                           [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:
130
Form 13F Information table Value Total:
95450
          (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 COMCOM88579Y1012481,535SHSOLE 0 0 1,535
ABBOTT LABSCOM0028241004625,523SHSOLE 0 0 5,523
ACACIA RESEARCH CORPORATION - COMMON STOCK $0.001 ACACIA TCH COM0038813077929,484SHSOLE 0 0 29,484
AEVI GENOMIC MEDICINE INC COM00835P105317,000SHSOLE 0 0 17,000
ALASKA AIR GROUP COMMON STOCKCOM01165910968510,552SHSOLE 0 0 10,552
ALBEMARLE CORPORATIONCOM0126531012974,272SHSOLE 0 0 4,272
ALEXION PHARMACEUTICALSCOM0153511093663,732SHSOLE 0 0 3,732
AMAZON.COM, INCCOM023135106365210SHSOLE 0 0 210
AMERICAN AIRLINES GROUP INC COM COM02376R10271326,420SHSOLE 0 0 26,420
AMGEN COMMONCOM0311621006583,403SHSOLE 0 0 3,403
APPLE COMPUTER INC COMCOM0378331001,1204,990SHSOLE 0 0 4,990
ARLO TECHNOLOGIES INC COM04206A10130288,594SHSOLE 0 0 88,594
AT&T INC COMCOM00206R1022025,340SHSOLE 0 0 5,340
AVID BIOSERVICES INC COM COM05368M10611822,263SHSOLE 0 0 22,263
BOEING COMPANYCOM097023105250665SHSOLE 0 0 665
BORG-WARNER AUTOMOTIVE INCCOM0997241062657,231SHSOLE 0 0 7,231
BOSTON SCIENTIFIC CORPCOM10113710742210,367SHSOLE 0 0 10,367
BRINKER INTERNATIONAL INCCOM10964110053312,488SHSOLE 0 0 12,488
CABOT OIL & GAS CORPCOM12709710348227,441SHSOLE 0 0 27,441
CAPITAL ONE FINANCIAL CORP.COM14040H1056266,886SHSOLE 0 0 6,886
THE SCHWAB CORPORATIONCOM80851360091834,108SHSOLE 0 0 34,108
CISCO SYSTEMS, INC.COM17275R1021,36727,781SHSOLE 0 0 27,781
COCA-COLA COCOM19121610058310,688SHSOLE 0 0 10,688
COHERENT INCCOM1924791035253,415SHSOLE 0 0 3,415
COMCAST CORP CL ACL A20030N1013016,676SHSOLE 0 0 6,676
COMMERCIAL METALS COCOM20172310394754,516SHSOLE 0 0 54,516
CONSUMER STAPLES SPDR SBI CONS STPLS81369Y3081,36422,203SHSOLE 0 0 22,203
CUMMINS INCCOM2310211063212,000SHSOLE 0 0 2,000
DENISON MINES CP NEW COM248356107714,450SHSOLE 0 0 14,450
DOMINION ENERGY INCCOM25746U1097709,491SHSOLE 0 0 9,491
DUKE ENERGY CORP COM NEW26441C5011,24545,064SHSOLE 0 0 45,064
DUKE ENERGY CORP NEW COMCOM NEW26441C2047077,369SHSOLE 0 0 7,369
ENTERPRISE PRODUCTS PARTNERS L PCOM2937921072669,325SHSOLE 0 0 9,325
EXXON MOBIL CORP COMCOM30231G1023484,943SHSOLE 0 0 4,943
FASTENALCOM3119001042357,256SHSOLE 0 0 7,256
FINISAR CORP COM NEWCOM NEW31787A50770929,830SHSOLE 0 0 29,830
FIRST TRUST NATURAL GAS ETF NAT GAS ETF33733E80779869,676SHSOLE 0 0 69,676
FOOT LOCKER INCCOM3448491042826,543SHSOLE 0 0 6,543
FS KKR CAPITAL COPORATIONCOM30263510725343,378SHSOLE 0 0 43,378
G III APPAREL GROUP LTDCOM36237H10138214,828SHSOLE 0 0 14,828
GENERAL DYNAMICS CORPORATIONCOM3695501082611,450SHSOLE 0 0 1,450
GENERAL MILLSCOM3703341043496,345SHSOLE 0 0 6,345
GREENSKY INC CL A39572G10019828,941SHSOLE 0 0 28,941
HALLIBURTON CO.COM40621610118910,016SHSOLE 0 0 10,016
HALOZYME THERAPEUTICS, INC COM40637H10947930,871SHSOLE 0 0 30,871
HEICO CORPORATIONCOM4228061096335,067SHSOLE 0 0 5,067
HUNTINGTON BANCSHARES INCORPORATEDCOM44615010456139,288SHSOLE 0 0 39,288
HUNTSMAN COPORATION COMMON STOCK, $0.01 PAR VALUE COM44701110729912,852SHSOLE 0 0 12,852
II-VI INCORPORATEDCOM9021041082296,513SHSOLE 0 0 6,513
ILLINOIS TOOL WKS INCCOM4523081094292,770SHSOLE 0 0 2,770
INTERNATIONAL BUSINESS MACHINES CORPCOM4592001011,93113,280SHSOLE 0 0 13,280
INVESCO BULLETSHARES 2019 HIGH YIELD CORPORATE BOND ETFBULSYS 2019 HY46138J40356023,401SHSOLE 0 0 23,401
INVESCO BULLETSHARES 2020 HIGH YIELD CORPORATE BOND ETFBULSHS 2020 HY46138J60140016,686SHSOLE 0 0 16,686
INVESCO BULLETSHARES 2021 HIGH YIELD CORPORATE BOND ETFBULSHS 2021 HY46138J8092,30593,581SHSOLE 0 0 93,581
INVESCO BULLETSHARES 2022 HIGH YIELD CORPORATE BOND ETFBULSHS 2022 HY46138J8741,00741,321SHSOLE 0 0 41,321
INVESCO DB US DOLLAR INDEX BULLISH FUNDBULLISH FD46141D20368225,156SHSOLE 0 0 25,156
INVESCO HIGH INCOME 2023COM46135X10829828,713SHSOLE 0 0 28,713
INVESCO QQQ TRUST UNIT SER 146090E1031,6738,859SHSOLE 0 0 8,859
INVESCO S&P 500 LOW VOLATILTIY ETFS&P500 LOW VOL46138E3541,11519,258SHSOLE 0 0 19,258
INVESCO VARIABLE RATE PREFERRED ETF VAR RATE PFD46138G87082332,393SHSOLE 0 0 32,393
INVESCO WATER RESOURCES ETF WATER RES ETF46137V1421,23433,726SHSOLE 0 0 33,726
IPATH SERIES B S&P 500 VIX SHORT TERM FUTURES ETNIPATH B SHRT TRM06746P6211,49863,097SHSOLE 0 0 63,097
ISHARES COMEX GOLD TR ISHARESISHARES46428510596268,237SHSOLE 0 0 68,237
ISHARES COR TOTAL USD BOND MARKET THE ETFCORE TOTAL USD46434V6131,02319,515SHSOLE 0 0 19,515
ISHARES CORE S&P 500 ETFETF464287200296991SHSOLE 0 0 991
ISHARES FLOATING RATE BOND ETFETF46429B6551,34226,331SHSOLE 0 0 26,331
ISHARES IBOXX $ INVESTMENT GRADE CO ETFETF4642872428016,285SHSOLE 0 0 6,285
ISHARES TR BARCLAYS 20 YR TREAS BD ETF20 YR TR BD ETF4642874324042,823SHSOLE 0 0 2,823
J P MORGAN CHASE & CO COMCOM46625H1004994,273SHSOLE 0 0 4,273
JOHNSON & JOHNSONCOM4781601042211,707SHSOLE 0 0 1,707
KIMBERLY - CLARK CORP COMCOM4943681035373,785SHSOLE 0 0 3,785
LOCKHEED MARTIN CORPCOM539830109381980SHSOLE 0 0 980
LOWES COMPANIES INCCOM5486611073032,760SHSOLE 0 0 2,760
MACYS INC COMCOM55616P10424115,525SHSOLE 0 0 15,525
MAGELLAN MIDSTREAM PARTNERS LP COM UNIT REPSTG LTD PARTNER INTUNIT LP5590801062774,191SHSOLE 0 0 4,191
MAIN STREET CAPITAL CORPORATION - COMMON STOCK COM56035L1044159,670SHSOLE 0 0 9,670
MARATHON PETE CORP COMCOM56585A1022293,768SHSOLE 0 0 3,768
MCDONALDS CORPCOM580135101203944SHSOLE 0 0 944
MDC HOLDINGS INCCOM55267610862314,447SHSOLE 0 0 14,447
MICROSOFT CORPCOM5949181046854,963SHSOLE 0 0 4,963
OMNICOM GROUP INC COMCOM6819191064605,880SHSOLE 0 0 5,880
ORACLE CORPCOM68389X1053837,039SHSOLE 0 0 7,039
PAYPAL HLDGS INC COM70450Y1031,47114,198SHSOLE 0 0 14,198
PEPSICO INCCOM7134481086474,717SHSOLE 0 0 4,717
PFIZER INCCOM71708110364117,928SHSOLE 0 0 17,928
PHILIP MORRIS INTL INC COMCOM7181721094275,564SHSOLE 0 0 5,564
PHILLIPS 66 COMCOM7185461047467,289SHSOLE 0 0 7,289
PIMCO ETF TR ENHANCED SHORT MAT ACTIVE ETFETF72201R8331,02010,026SHSOLE 0 0 10,026
PPL CORPCOM69351T10635511,307SHSOLE 0 0 11,307
PROCTER & GAMBLECOM7427181095094,096SHSOLE 0 0 4,096
PROSHARES TR ULTRASHORT 20 YR TREAS NEWPSHS TR74347B2011,37456,412SHSOLE 0 0 56,412
ROYAL GOLD, INC.COM7802871084763,866SHSOLE 0 0 3,866
SEATTLE GENETICS, INC.COM8125781025246,139SHSOLE 0 0 6,139
SKECHERS U.S.A. INCCL A83056610562316,672SHSOLE 0 0 16,672
SKYWORKS SOLUTIONS INC COMCOM83088M1023944,977SHSOLE 0 0 4,977
SOUTHERN COCOM84258710787714,196SHSOLE 0 0 14,196
SPDR DOW JONES INDL AVERAGE ETF TR UNIT SER 1ETF78467X1095,02618,672SHSOLE 0 0 18,672
SPDR GOLD TR GOLD SHSGOLD SHS78463V1073102,234SHSOLE 0 0 2,234
SPDR SER TR S&P BIOTECH ETFS&P BIOTECH78464A8701,50519,737SHSOLE 0 0 19,737
SPIRIT AEROSYSTEMS HLDGS INC CL ACOM CL A8485741095767,005SHSOLE 0 0 7,005
STARBUCKS CORPORATIONCOM8552441094745,406SHSOLE 0 0 5,406
STEEL DYNAMICS INC COMCOM85811910051117,148SHSOLE 0 0 17,148
SWEDISH EXPT CR CORP ELEMENTS LKD TO ROGERS INTL COMMODITY INDEX AGRI TOTAL RETURNROG AGRI ETN228702976031,427272,036SHSOLE 0 0 272,036
T. ROWE PRICE GROUP, INC.COM74144T1085364,707SHSOLE 0 0 4,707
TEXAS INSTRUMENTS INC.COM8825081046284,865SHSOLE 0 0 4,865
THE GAP INC.COM36476010820311,720SHSOLE 0 0 11,720
TJX COMPANIES INC.COM8725401092123,800SHSOLE 0 0 3,800
TYSON FOODS INCCL A9024941036257,255SHSOLE 0 0 7,255
ULTRAGENYX PHARMACEUTICAL INC COM COM90400D1083117,267SHSOLE 0 0 7,267
UNION PACIFIC CORP.COM9078181082341,463SHSOLE 0 0 1,463
UNITED PARCEL SERVICECOM9113121063743,130SHSOLE 0 0 3,130
UR ENERGY INC COM ISIN#CA91688R1082COM91688R108155255,780SHSOLE 0 0 255,780
VALERO ENERGYCOM91913Y1002462,886SHSOLE 0 0 2,886
VANECK VECTORS GOLD MINERS ETFGOLD MINERS ETF92189F10689633,541SHSOLE 0 0 33,541
VANGUARD CHARLOTTE FDS TOTAL INTL BD INDEX FDINTL BD IDX ETF92203J40772412,299SHSOLE 0 0 12,299
VANGUARD EXTENDED DURATION ETF EXTENDED DUR9219107092761,952SHSOLE 0 0 1,952
VANGUARD MUN BD FDS TAX EXEMPT BD INDEX FD ETFTAX EXEMPT BD92290774670913,224SHSOLE 0 0 13,224
VANGUARD REAL ESTATE ETFREAL ESTATE ETF9229085533,17033,999SHSOLE 0 0 33,999
VANGUARD SECTOR INDEX FDS VANGUARD UTILITIES VIPERSUTILITIES ETF92204A8763,20622,317SHSOLE 0 0 22,317
VANGUARD STAR FD VANGUARD TOTAL INTL STOCK INDEX FD ETF SHSVG TL INTL STK F9219097681,04820,287SHSOLE 0 0 20,287
VANGUARD TOTAL STOCK MARKET VIPERS TOTAL STK MKT9229087698,84358,569SHSOLE 0 0 58,569
VERIZON COMMUNICATIONSCOM92343V10473412,202SHSOLE 0 0 12,202
VIRTU FINL INC CL A CL A92825410131619,319SHSOLE 0 0 19,319
VISA INC COM CL ACOM CL A92826C8393151,821SHSOLE 0 0 1,821
WACCAMAW BANKSHARES INC - COMMON STOCK COM929741106 0 20,000SHSOLE 0 0 20,000
WALGREEN BOOTS ALLIANCE INC COM COM9314271083736,741SHSOLE 0 0 6,741
WALMART, INC.COM9311421031,48212,498SHSOLE 0 0 12,498
WELLS FARGO & CO NEW COMCOM9497461013406,758SHSOLE 0 0 6,758
WESTROCK CO COM SHS COM96145D1052045,593SHSOLE 0 0 5,593
WISDOMTREE TR INDIA EARNINGS FDINDIA TR97717W4221,41559,313SHSOLE 0 0 59,313