Alan B Lancz & Associates, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Alan B Lancz & Associates, Inc. reported 123 stock positions worth $93.8 million. Its top holding was Apple (AAPL) at 9.5% of the portfolio, followed by Costco Wholesale (COST, 5.0%) and Microsoft (MSFT, 4.6%). Compared with Q4 2024, it opened 3 new positions, sold out of 7, added to 12 and reduced 35. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +1%) and the biggest sale Apple (AAPL, shares −3%).

Most Recent 13F
Q2 2026
Location
TOLEDO, OH
CIK
0001897835
Portfolio Value
$93.8M (Q1 2025)
SEC Filing
0001897835-25-000002 ↗ filed Apr 30, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q2 2024: $101.1M Q2 2024 Q3 2024: $109.0M Q3 2024 Q4 2024: $98.4M Q4 2024 Q1 2025: $93.8M $93.8M Q1 2025 Q2 2025: $99.9M Q2 2025 Q3 2025: $110.7M Q3 2025 Q4 2025: $113.8M Q4 2025 Q1 2026: $103.0M Q1 2026 Q2 2026: $115.0M Q2 2026

Holdings 123 stocks · $93.8M
AAPL Apple Inc. 9.54% 40,322 $9.0M Reduce -2.9%
COST Costco Wholesale Corp. 4.97% 4,928 $4.7M Reduce -0.4%
MSFT Microsoft Corp. 4.60% 11,493 $4.3M Add +7.5%
GOOGL Alphabet Inc. Class A 4.18% 25,370 $3.9M No change
AMGN Amgen Inc. 3.43% 10,330 $3.2M Reduce -2.8%
BRK.B Berkshire Hathaway Inc. Class B 3.25% 5,720 $3.0M Add +1.1%
GOOG Alphabet Inc. Class C 3.24% 19,450 $3.0M Reduce -5.1%
QCOM Qualcomm Inc. 2.40% 14,672 $2.3M Reduce -3.3%
ALSN Allison Transmission Holding 2.37% 23,250 $2.2M Reduce -0.4%
NVDA Nvidia Corp. 2.31% 20,016 $2.2M Reduce -3.1%
AMZN Amazon.com Inc. 2.00% 9,854 $1.9M Reduce -7.0%
HON Honeywell International Inc. 1.62% 7,161 $1.5M Reduce -2.7%
CSCO Cisco Systems Inc. 1.40% 21,359 $1.3M No change
LLY Eli Lilly & Co. 1.35% 1,530 $1.3M Reduce -1.6%
GS Goldman Sachs Group Inc. 1.30% 2,225 $1.2M Reduce -9.2%
CMCSA Comcast Corp. Class A 1.28% 32,537 $1.2M No change
MRK Merck & Co. Inc. 1.22% 12,804 $1.1M Reduce -3.8%
JPM JPMorgan Chase & Co. 1.16% 4,456 $1.1M Reduce -14.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.14% 10,883 $1.1M Reduce -1.8%
ABBV Abbvie Inc. 1.14% 5,124 $1.1M Reduce -1.9%
JNJ Johnson & Johnson 1.12% 6,357 $1.1M No change
GILD Gilead Sciences Inc. 1.05% 8,790 $985K Reduce -5.4%
GEN Gen Digital Inc. 1.05% 37,100 $985K No change
NEE Nextera Energy Inc. 0.99% 13,091 $928K No change
MDT Medtronic PLC 0.95% 9,908 $890K Reduce -0.5%
PSMT Pricesmart Inc. 0.94% 10,060 $884K No change
META Meta Platforms Inc. Class A 0.89% 1,450 $836K Add +18.4%
ALL Allstate Corp. 0.88% 4,000 $828K No change
SHOP Shopify Inc. Class A 0.85% 8,350 $797K Add +56.1%
NSC Norfolk Southern Corp. 0.77% 3,041 $720K No change
AWK American Water Works Co. Inc. 0.76% 4,850 $715K No change
UPS United Parcel Service Class B 0.75% 6,370 $701K No change
BX Blackstone Inc. 0.70% 4,700 $657K No change
OKE Oneok Inc. 0.69% 6,562 $651K No change
ORCL Oracle Corp. 0.67% 4,519 $632K Add +13.1%
UBER Uber Technologies Inc. 0.66% 8,500 $619K No change
KO The Coca-Cola Co. 0.65% 8,550 $612K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.65% 14,578 $608K Reduce -8.5%
VST Vistra Corp. 0.64% 5,083 $597K Add +14.7%
NI Nisource Inc. 0.63% 14,765 $592K No change
MPC Marathon Petroleum Corp. 0.63% 4,050 $590K No change
APD Air Products & Chemicals Inc. 0.62% 1,971 $581K No change
DFS Discover Financial Services 0.61% 3,350 $572K No change
IBN Icici Bank Ltd.-Spon ADR 0.59% 17,655 $556K No change
HD Home Depot Inc. 0.59% 1,500 $550K Add +3.5%
CME Cme Group Inc. 0.57% 2,025 $537K No change
MKC McCormick & Co.-Non VTG SHRS 0.57% 6,450 $531K No change
AMT American Tower Corp. 0.55% 2,356 $513K No change
CE Celanese Corp. 0.54% 8,875 $504K Reduce -11.9%
FDX FedEx Corp. 0.53% 2,050 $500K No change
MWA Mueller Water Products Inc. Class A 0.53% 19,527 $496K No change
ORI Old Republic Intl Corp. 0.52% 12,550 $492K No change
VIG Vanguard Dividend Apprec ETF 0.51% 2,487 $482K No change
D Dominion Energy Inc. 0.50% 8,392 $471K No change
XOM Exxon Mobil Corp. 0.47% 3,711 $441K No change
LMT Lockheed Martin Corp. 0.46% 975 $436K No change
SRE Sempra 0.46% 6,000 $428K Reduce -13.0%
KMB Kimberly-Clark Corp. 0.45% 2,993 $426K No change
PFE Pfizer Inc. 0.45% 16,485 $418K No change
VZ Verizon Communications Inc. 0.44% 9,160 $415K No change
B Barrick Gold Corp. 0.44% 21,360 $415K Reduce -2.3%
BMY Bristol-Myers Squibb Co. 0.44% 6,750 $412K No change
RSP Invesco S&P 500 Equal Weight 0.44% 2,375 $411K Reduce -6.9%
GSK GSK PLC-Spon ADR 0.43% 10,500 $407K Reduce -1.1%
BDX Becton Dickinson and Co. 0.43% 1,760 $403K Add +39.7%
MDLZ Mondelez International Inc. Class A 0.42% 5,850 $397K No change
NEM Newmont Corp. 0.42% 8,170 $394K No change
PEP Pepsico Inc. 0.41% 2,556 $383K No change
CAT Caterpillar Inc. 0.40% 1,150 $379K No change
AOS Smith (a.o.) Corp. 0.40% 5,800 $379K No change
IP International Paper Co. 0.40% 7,100 $379K No change
LOW Lowe's Cos Inc. 0.40% 1,606 $375K Reduce -5.9%
TECK Teck Resources Ltd.-CLS B 0.38% 9,850 $359K No change
ENB Enbridge Inc. 0.38% 8,093 $359K Reduce -1.2%
PNR Pentair PLC 0.38% 4,042 $354K No change
USMV iShares MSCI USA Min Vol Fac 0.37% 3,700 $347K No change
CVX Chevron Corp. 0.37% 2,067 $346K Reduce -14.5%
MP MP Materials Corp. 0.37% 14,050 $343K No change
COP Conocophillips 0.36% 3,242 $340K No change
CTAS Cintas Corp. 0.35% 1,600 $329K No change
UNP Union Pacific Corp. 0.34% 1,356 $320K Reduce -6.9%
LIN Linde PLC 0.33% 671 $312K No change
AVGO Broadcom Inc. 0.33% 1,850 $310K Reduce -5.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.33% 7,378 $308K New
EPD Enterprise Products Partners 0.33% 8,996 $307K No change
TIP iShares Tips Bond ETF 0.32% 2,725 $303K No change
ANDE The Andersons Inc. 0.32% 7,041 $302K No change
DE Deere & Co. 0.31% 625 $293K Reduce -24.2%
AMCR Amcor PLC 0.31% 30,089 $292K No change
SNY Sanofi-ADR 0.31% 5,250 $291K No change
AIG American International Group 0.30% 3,265 $284K No change
BAX Baxter International Inc. 0.30% 8,250 $282K No change
HOLX Hologic Inc. 0.29% 4,450 $275K No change
WFC Wells Fargo & Co. 0.29% 3,800 $273K Reduce -20.8%
NOC Northrop Grumman Corp. 0.29% 525 $269K No change
MSI Motorola Solutions Inc. 0.28% 601 $263K No change
MU Micron Technology Inc. 0.28% 3,000 $261K No change
SU Suncor Energy Inc. 0.28% 6,700 $259K No change
PSX Phillips 66 0.27% 2,082 $257K No change
DELL Dell Technologies -C 0.27% 2,801 $255K Reduce -12.5%

Show all 123 holdings

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -2.9% 9.54% −1.02
GOOG Alphabet Inc. Class C Reduce -5.1% 3.24% −0.73
NVDA Nvidia Corp. Reduce -3.1% 2.31% −0.51
AMZN Amazon.com Inc. Reduce -7.0% 2.00% −0.36
DEO Diageo PLC-Sponsored ADR Sold out 0.00% −0.33
HP Helmerich & Payne Sold out 0.00% −0.23
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.23
USB US Bancorp Sold out 0.00% −0.21
BNS Bank of Nova Scotia Sold out 0.00% −0.21
FBTC Fidelity Wise Origin Bitcoin Sold out 0.00% −0.21
AMPH Amphastar Pharmaceuticals Inc. Sold out 0.00% −0.20
ALSN Allison Transmission Holding Reduce -0.4% 2.37% −0.19
CE Celanese Corp. Reduce -11.9% 0.54% −0.17
SRE Sempra Reduce -13.0% 0.46% −0.16
GS Goldman Sachs Group Inc. Reduce -9.2% 1.30% −0.13
AVGO Broadcom Inc. Reduce -5.1% 0.33% −0.13
MRK Merck & Co. Inc. Reduce -3.8% 1.22% −0.12
DIS The Walt Disney Co. Reduce -1.8% 1.14% −0.11
JPM JPMorgan Chase & Co. Reduce -14.4% 1.16% −0.10
DELL Dell Technologies -C Reduce -12.5% 0.27% −0.10
HON Honeywell International Inc. Reduce -2.7% 1.62% −0.07
AXP American Express Co. Reduce -19.1% 0.24% −0.07
MANU Manchester United PLC Class A Reduce -2.4% 0.23% −0.07
BAC Bank of America Corp. Reduce -8.5% 0.65% −0.06
WFC Wells Fargo & Co. Reduce -20.8% 0.29% −0.05
DE Deere & Co. Reduce -24.2% 0.31% −0.04
LOW Lowe's Cos Inc. Reduce -5.9% 0.40% −0.03
DLTR Dollar Tree Inc. Reduce -12.9% 0.22% −0.02
RSP Invesco S&P 500 Equal Weight Reduce -6.9% 0.44% −0.02
UNP Union Pacific Corp. Reduce -6.9% 0.34% +0.00
CVX Chevron Corp. Reduce -14.5% 0.37% +0.01
CWT California Water Service Grp Reduce -4.2% 0.24% +0.02
ENB Enbridge Inc. Reduce -1.2% 0.38% +0.03
QCOM Qualcomm Inc. Reduce -3.3% 2.40% +0.03
GSK GSK PLC-Spon ADR Reduce -1.1% 0.43% +0.07
B Barrick Gold Corp. Reduce -2.3% 0.44% +0.10
LLY Eli Lilly & Co. Reduce -1.6% 1.35% +0.13
MDT Medtronic PLC Reduce -0.5% 0.95% +0.14
GILD Gilead Sciences Inc. Reduce -5.4% 1.05% +0.18
ABBV Abbvie Inc. Reduce -1.9% 1.14% +0.20
COST Costco Wholesale Corp. Reduce -0.4% 4.97% +0.36
AMGN Amgen Inc. Reduce -2.8% 3.43% +0.61

Portfolio Buys Q4 2024 → Q1 2025
BRK.B Berkshire Hathaway Inc. Class B Add +1.1% 3.25% +0.64
SLB SLB Ltd. New 0.33% +0.33
SHOP Shopify Inc. Class A Add +56.1% 0.85% +0.27
ES Eversource Energy New 0.27% +0.27
L Loews Corp. New 0.23% +0.23
META Meta Platforms Inc. Class A Add +18.4% 0.89% +0.16
BDX Becton Dickinson and Co. Add +39.7% 0.43% +0.14
RIVN Rivian Automotive Inc. Class A Add +100.0% 0.27% +0.13
LYB Lyondellbasell Indu Class A Add +15.0% 0.26% +0.03
XLU St Sr Utl SL SE SPDR ETF-Usd Add +0.1% 0.23% +0.02
MSFT Microsoft Corp. Add +7.5% 4.60% +0.02
VST Vistra Corp. Add +14.7% 0.64% +0.02
HD Home Depot Inc. Add +3.5% 0.59% +0.01
ORCL Oracle Corp. Add +13.1% 0.67% −0.00
TSLA Tesla Inc. Add +22.1% 0.25% −0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 138$115.0MAAPL, GOOGL, GOOG, COST, MSFT
Q1 2026 129$103.0MAAPL, GOOGL, COST, GOOG, MSFT
Q4 2025 132$113.8MAAPL, GOOGL, GOOG, MSFT, COST
Q3 2025 131$110.7MAAPL, GOOGL, MSFT, COST, GOOG
Q2 2025 128$99.9MAAPL, MSFT, COST, GOOGL, GOOG
Q1 2025 123$93.8MAAPL, COST, MSFT, GOOGL, AMGN
Q4 2024 127$98.4MAAPL, GOOGL, COST, MSFT, GOOG
Q3 2024 136$109.0MAAPL, MSFT, COST, GOOGL, AMGN
Q2 2024 126$101.1MAAPL, MSFT, GOOGL, COST, GOOG