Armstrong Henry H Associates Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 2, 2024), Armstrong Henry H Associates Inc. reported 63 stock positions worth $1.0 billion. Its top holding was Microsoft (MSFT) at 28.0% of the portfolio, followed by Berkshire Hathaway Class A (BRK.A, 21.4%) and Berkshire Hathaway Class B (BRK.B, 15.4%). Compared with Q2 2024, it opened 3 new positions, added to 7 and reduced 27. The biggest buy was Air Products & Chemicals (APD, shares +4%) and the biggest sale Microsoft (MSFT, shares −3%).

Most Recent 13F
Q2 2026
Location
PITTSBURGH, PA
CIK
0001056827
Portfolio Value
$1.0B (Q3 2024)
SEC Filing
0001056827-24-000007 ↗ filed Oct 2, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.0B Q1 2024 Q2 2024: $1.0B Q2 2024 Q3 2024: $1.0B $1.0B Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $981.4M Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 63 stocks · $1.0B
MSFT Microsoft Corp. 27.97% 678,786 $292.1M Reduce -3.5%
BRK.A Berkshire Hathaway Inc. Class A 21.38% 323 $223.3M Reduce -0.9%
BRK.B Berkshire Hathaway Inc. Class B 15.37% 348,661 $160.5M Reduce -0.8%
MCO Moody's Corp. 7.00% 153,987 $73.1M Reduce -0.8%
PG The Procter & Gamble Co. 6.39% 385,497 $66.8M Reduce -1.4%
JNJ Johnson & Johnson 5.59% 360,023 $58.3M Reduce -1.8%
APD Air Products & Chemicals Inc. 1.61% 56,469 $16.8M Add +4.4%
GOOG Alphabet Inc. Class C 1.58% 98,736 $16.5M Reduce -0.5%
UNP Union Pacific Corp. 1.55% 65,652 $16.2M Add +1.6%
AAPL Apple Inc. 1.44% 64,547 $15.0M Reduce -1.4%
MDT Medtronic PLC 1.19% 138,329 $12.5M Reduce -5.7%
KO The Coca-Cola Co. 0.93% 134,454 $9.7M Reduce -1.3%
INTC Intel Corp. 0.91% 405,106 $9.5M Reduce -7.5%
MA Mastercard Inc. Class A 0.69% 14,502 $7.2M Reduce -0.3%
GOOGL Alphabet Inc. Class A 0.57% 36,185 $6.0M Reduce -0.5%
HD Home Depot Inc. 0.43% 11,136 $4.5M No change
ADP Automatic Data Processing 0.40% 15,078 $4.2M No change
WAT Waters Corp. 0.38% 11,168 $4.0M Add +1.9%
ABBV Abbvie Inc. 0.34% 17,903 $3.5M Reduce -4.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.33% 5,990 $3.4M No change
PEP Pepsico Inc. 0.28% 17,430 $3.0M No change
ABT Abbott Laboratories 0.26% 23,363 $2.7M Reduce -2.7%
GE General Electric filed as GE AEROSPACE 0.23% 12,506 $2.4M Reduce -0.8%
AMZN Amazon.com Inc. 0.22% 12,365 $2.3M No change
J Jacobs Solutions Inc. 0.21% 17,081 $2.2M No change
FAST Fastenal Co. 0.19% 27,987 $2.0M Add +2.3%
V Visa Inc. Class A 0.19% 7,056 $1.9M Reduce -1.4%
MKC McCormick & Co.-Non VTG SHRS 0.18% 22,933 $1.9M No change
NVDA Nvidia Corp. 0.18% 15,250 $1.9M No change
MMM 3M Co. 0.17% 12,793 $1.7M No change
XOM Exxon Mobil Corp. 0.12% 11,061 $1.3M Reduce -1.2%
SCHW Schwab (charles) Corp. 0.11% 17,591 $1.1M No change
ASML ASML Holding NV-NY Reg SHS 0.11% 1,364 $1.1M Add +229.5%
NVO Novo-Nordisk A/S-Spons ADR 0.11% 9,524 $1.1M Reduce -7.8%
VTI VG Morningstar TS MKT ETF-US 0.09% 3,500 $991K No change
COST Costco Wholesale Corp. 0.09% 1,116 $989K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.09% 8,012 $942K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.08% 9,179 $883K No change
ADSK Autodesk Inc. 0.08% 2,895 $798K Reduce -10.1%
GEV GE Vernova Inc. 0.07% 3,013 $768K Reduce -1.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 3,093 $684K Reduce -26.3%
EXPD Expeditors Intl Wash Inc. 0.06% 4,909 $645K Add +3.6%
RBA RB Global Inc. 0.06% 7,995 $644K Add +5.3%
AMTM Amentum Holdings Inc. 0.05% 17,081 $551K No change
IVV iShares Core S&P 500 ETF 0.05% 952 $549K No change
WMT Walmart Inc. 0.05% 6,414 $518K No change
EMR Emerson Electric Co. 0.05% 4,669 $511K No change
CDNA Caredx Inc. 0.05% 16,036 $501K No change
PFE Pfizer Inc. 0.05% 17,042 $493K Reduce -4.0%
SHW The Sherwin-Williams Co. 0.04% 1,200 $458K No change
IJH iShares Core S&P Midcap ETF 0.04% 6,050 $377K No change
BHC Bausch Health Cos Inc. 0.03% 44,215 $361K No change
AMGN Amgen Inc. 0.03% 1,106 $356K No change
MRK Merck & Co. Inc. 0.03% 3,052 $347K Reduce -9.2%
GEHC GE Healthcare Technology 0.03% 3,642 $342K Reduce -0.9%
IJR iShares Core S&P Small-Cap E 0.03% 2,811 $329K No change
RTX RTX Corp. 0.03% 2,628 $318K No change
IWR iShares Russell Mid-Cap ETF 0.03% 3,130 $276K Reduce -2.3%
CVX Chevron Corp. 0.02% 1,578 $232K Reduce -6.0%
SOLV Solventum Corp. 0.02% 3,175 $221K New
DCI Donaldson Co. Inc. 0.02% 2,800 $206K New
GLW Corning Inc. 0.02% 4,450 $201K New
NXDR Nextdoor Holdings Inc. 0.00% 10,209 $25K No change

Portfolio Sells Q2 2024 → Q3 2024
MSFT Microsoft Corp. Reduce -3.5% 27.97% −3.39
INTC Intel Corp. Reduce -7.5% 0.91% −0.44
GOOG Alphabet Inc. Class C Reduce -0.5% 1.58% −0.24
GOOGL Alphabet Inc. Class A Reduce -0.5% 0.57% −0.09
NVO Novo-Nordisk A/S-Spons ADR Reduce -7.8% 0.11% −0.04
PG The Procter & Gamble Co. Reduce -1.4% 6.39% −0.04
MRK Merck & Co. Inc. Reduce -9.2% 0.03% −0.01
IBM Intl Business Machines Corp. Reduce -26.3% 0.07% −0.01
XOM Exxon Mobil Corp. Reduce -1.2% 0.12% −0.00
CVX Chevron Corp. Reduce -6.0% 0.02% −0.00
ADSK Autodesk Inc. Reduce -10.1% 0.08% −0.00
PFE Pfizer Inc. Reduce -4.0% 0.05% −0.00
V Visa Inc. Class A Reduce -1.4% 0.19% −0.00
IWR iShares Russell Mid-Cap ETF Reduce -2.3% 0.03% +0.00
GEHC GE Healthcare Technology Reduce -0.9% 0.03% +0.00
ABT Abbott Laboratories Reduce -2.7% 0.26% +0.01
ABBV Abbvie Inc. Reduce -4.2% 0.34% +0.02
GEV GE Vernova Inc. Reduce -1.3% 0.07% +0.02
GE General Electric Reduce -0.8% 0.23% +0.03
MDT Medtronic PLC Reduce -5.7% 1.19% +0.04
MA Mastercard Inc. Class A Reduce -0.3% 0.69% +0.05
KO The Coca-Cola Co. Reduce -1.3% 0.93% +0.06
AAPL Apple Inc. Reduce -1.4% 1.44% +0.06
JNJ Johnson & Johnson Reduce -1.8% 5.59% +0.24
MCO Moody's Corp. Reduce -0.8% 7.00% +0.48
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.8% 15.37% +1.10
BRK.A Berkshire Hathaway Inc. Class A Reduce -0.9% 21.38% +1.46

Portfolio Buys Q2 2024 → Q3 2024
APD Air Products & Chemicals Inc. Add +4.4% 1.61% +0.22
UNP Union Pacific Corp. Add +1.6% 1.55% +0.09
WAT Waters Corp. Add +1.9% 0.38% +0.07
ASML ASML Holding NV-NY Reg SHS Add +229.5% 0.11% +0.07
SOLV Solventum Corp. New 0.02% +0.02
FAST Fastenal Co. Add +2.3% 0.19% +0.02
DCI Donaldson Co. Inc. New 0.02% +0.02
GLW Corning Inc. New 0.02% +0.02
RBA RB Global Inc. Add +5.3% 0.06% +0.00
EXPD Expeditors Intl Wash Inc. Add +3.6% 0.06% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 64$1.0BMSFT, BRK.A, BRK.B, JNJ, MCO
Q1 2026 61$981.4MMSFT, BRK.A, BRK.B, JNJ, MCO
Q4 2025 62$1.1BMSFT, BRK.A, BRK.B, MCO, JNJ
Q3 2025 62$1.1BMSFT, BRK.A, BRK.B, MCO, JNJ
Q2 2025 58$1.1BMSFT, BRK.A, BRK.B, MCO, PG
Q1 2025 58$1.0BMSFT, BRK.A, BRK.B, MCO, PG
Q4 2024 58$1.0BMSFT, BRK.A, BRK.B, MCO, PG
Q3 2024 63$1.0BMSFT, BRK.A, BRK.B, MCO, PG
Q2 2024Amended 59$1.0BMSFT, BRK.A, BRK.B, MCO, PG
Q1 2024 56$1.0BMSFT, BRK.A, BRK.B, PG, MCO