Beese Fulmer Investment Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 8, 2025), Beese Fulmer Investment Management, Inc. reported 252 stock positions worth $1.2 billion. Its top holding was Apple (AAPL) at 5.9% of the portfolio, followed by Microsoft (MSFT, 4.3%) and Mastercard Class A (MA, 3.2%). Compared with Q4 2024, it opened 25 new positions, sold out of 1, added to 101 and reduced 71. The biggest buy was a new position in T-Mobile US (TMUS) and the biggest sale Broadcom (AVGO, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- CANTON, OH
- CIK
- 0000911274
- Portfolio Value
- $1.2B (Q1 2025)
- SEC Filing
- 0000911274-25-000005 ↗ filed Apr 8, 2025
Holdings Value
Holdings 252 stocks · $1.2B
| AAPL Apple Inc. | 5.93% | 310,364 | $68.9M | Add +0.5% |
| MSFT Microsoft Corp. | 4.34% | 134,422 | $50.5M | Add +1.6% |
| MA Mastercard Inc. Class A | 3.19% | 67,511 | $37.0M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 2.91% | 177,855 | $33.8M | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.64% | 57,579 | $30.7M | Reduce -1.0% |
| AVGO Broadcom Inc. | 2.50% | 173,520 | $29.1M | Reduce -1.8% |
| COST Costco Wholesale Corp. | 2.47% | 30,364 | $28.7M | Reduce -1.4% |
| ORLY O'reilly Automotive Inc. | 2.47% | 20,036 | $28.7M | Reduce -1.8% |
| XOM Exxon Mobil Corp. | 2.00% | 195,731 | $23.3M | Add +2.2% |
| GOOGL Alphabet Inc. Class A | 2.00% | 150,083 | $23.2M | Add +1.8% |
| RTX RTX Corp. | 1.99% | 174,800 | $23.2M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 1.93% | 91,404 | $22.4M | Add +0.5% |
| JNJ Johnson & Johnson | 1.84% | 128,693 | $21.3M | Add +2.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.78% | 170,078 | $20.7M | Add +0.4% |
| PG The Procter & Gamble Co. | 1.77% | 120,884 | $20.6M | Add +1.7% |
| GOOG Alphabet Inc. Class C | 1.76% | 130,641 | $20.4M | Reduce -1.1% |
| META Meta Platforms Inc. Class A | 1.74% | 35,029 | $20.2M | Add +1.1% |
| NFLX Netflix Inc. | 1.62% | 20,149 | $18.8M | Add +0.1% |
| PM Philip Morris International | 1.53% | 112,239 | $17.8M | Add +0.2% |
| CB Chubb Ltd. | 1.51% | 58,119 | $17.6M | Add +1.0% |
| CRM Salesforce Inc. | 1.48% | 64,126 | $17.2M | Add +0.5% |
| ICE Intercontinental Exchange Inc. | 1.43% | 96,431 | $16.6M | Reduce -0.6% |
| CVX Chevron Corp. | 1.42% | 98,735 | $16.5M | Add +2.2% |
| MCD McDonald's Corp. | 1.41% | 52,346 | $16.4M | Add +1.8% |
| DELL Dell Technologies -C | 1.39% | 177,256 | $16.2M | Add +80.1% |
| SYK Stryker Corp. | 1.37% | 42,663 | $15.9M | Add +0.6% |
| MRK Merck & Co. Inc. | 1.26% | 162,763 | $14.6M | Add +0.6% |
| LIN Linde PLC | 1.22% | 30,353 | $14.1M | Add +0.3% |
| GS Goldman Sachs Group Inc. | 1.18% | 25,077 | $13.7M | Reduce -0.1% |
| ABT Abbott Laboratories | 1.16% | 101,422 | $13.5M | Add +6.8% |
| CMI Cummins Inc. | 1.15% | 42,667 | $13.4M | Add +0.6% |
| KO The Coca-Cola Co. | 1.11% | 179,703 | $12.9M | Reduce -1.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.10% | 129,242 | $12.8M | Add +1.6% |
| UNH Unitedhealth Group Inc. | 1.05% | 23,190 | $12.1M | Reduce -0.3% |
| ETN Eaton Corp. PLC | 1.03% | 43,902 | $11.9M | Add +8.1% |
| KLAC KLA Corp. | 1.00% | 17,113 | $11.6M | Add +1.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.00% | 147,306 | $11.6M | Add +9.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.99% | 165,538 | $11.5M | Add +0.4% |
| HD Home Depot Inc. | 0.97% | 30,609 | $11.2M | Add +0.8% |
| UNP Union Pacific Corp. | 0.93% | 45,841 | $10.8M | Add +1.2% |
| COP Conocophillips | 0.93% | 102,817 | $10.8M | Reduce -0.8% |
| ANET Arista Networks Inc. | 0.93% | 139,217 | $10.8M | Add +2.0% |
| AON Aon PLC Class A | 0.90% | 26,259 | $10.5M | Add +2.3% |
| PEP Pepsico Inc. | 0.86% | 66,411 | $10.0M | Reduce -0.6% |
| EW Edwards Lifesciences Corp. | 0.85% | 137,018 | $9.9M | Add +0.9% |
| LOW Lowe's Cos Inc. | 0.80% | 39,893 | $9.3M | Reduce -0.9% |
| ADBE Adobe Inc. | 0.72% | 21,767 | $8.3M | Add +5.1% |
| IR Ingersoll-Rand Inc. | 0.70% | 101,055 | $8.1M | Add +5.3% |
| DHI D.R. Horton Inc. | 0.68% | 62,511 | $7.9M | Add +7.7% |
| ABBV Abbvie Inc. | 0.63% | 35,117 | $7.4M | Add +0.0% |
| EOG EOG Resources Inc. | 0.60% | 53,910 | $6.9M | Add +2.1% |
| HSY The Hershey Co. | 0.59% | 40,088 | $6.9M | Reduce -0.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.55% | 8 | $6.4M | No change |
| TMUS T-Mobile US Inc. | 0.54% | 23,676 | $6.3M | New |
| NOC Northrop Grumman Corp. | 0.47% | 10,597 | $5.4M | Reduce -0.2% |
| CAT Caterpillar Inc. | 0.46% | 16,204 | $5.3M | Reduce -0.0% |
| CMCSA Comcast Corp. Class A | 0.39% | 123,924 | $4.6M | Reduce -57.2% |
| CW Curtiss-Wright Corp. | 0.39% | 14,335 | $4.5M | Reduce -2.9% |
| SHW The Sherwin-Williams Co. | 0.39% | 12,959 | $4.5M | Reduce -1.0% |
| FMNB Farmers Natl Banc Corp. | 0.38% | 341,891 | $4.5M | Reduce -2.3% |
| ADP Automatic Data Processing | 0.38% | 14,556 | $4.4M | Reduce -0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.37% | 7,646 | $4.3M | Add +17.3% |
| DE Deere & Co. | 0.34% | 8,429 | $4.0M | Reduce -9.7% |
| AXP American Express Co. | 0.34% | 14,605 | $3.9M | Reduce -1.4% |
| MCK McKesson Corp. | 0.31% | 5,390 | $3.6M | Reduce -4.2% |
| ROK Rockwell Automation Inc. | 0.29% | 13,009 | $3.4M | Reduce -0.5% |
| NVDA Nvidia Corp. | 0.29% | 30,941 | $3.4M | Add +0.6% |
| HBAN Huntington Bancshares Inc. | 0.28% | 220,114 | $3.3M | Reduce -0.7% |
| CIVB Civista Bancshares Inc. | 0.28% | 167,384 | $3.3M | Reduce -5.3% |
| TT Trane Technologies PLC | 0.27% | 9,442 | $3.2M | Reduce -0.5% |
| TDY Teledyne Technologies Inc. | 0.27% | 6,204 | $3.1M | Reduce -1.8% |
| GE General Electric filed as GE AEROSPACE | 0.26% | 15,339 | $3.1M | Add +1.6% |
| APD Air Products & Chemicals Inc. | 0.25% | 10,022 | $3.0M | Reduce -0.1% |
| TDG Transdigm Group Inc. | 0.25% | 2,066 | $2.9M | Add +2.2% |
| MKL Markel Group Inc. | 0.24% | 1,507 | $2.8M | No change |
| EMR Emerson Electric Co. | 0.23% | 24,022 | $2.6M | Reduce -2.6% |
| FCX Freeport-McMoran Inc. | 0.22% | 67,866 | $2.6M | Add +3.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 10,265 | $2.6M | Reduce -1.2% |
| NSC Norfolk Southern Corp. | 0.21% | 10,539 | $2.5M | Add +29.5% |
| KMPR Kemper Corp. | 0.21% | 37,152 | $2.5M | Reduce -4.1% |
| VIG Vanguard Dividend Apprec ETF | 0.21% | 12,614 | $2.4M | Add +2.4% |
| QCOM Qualcomm Inc. | 0.21% | 15,893 | $2.4M | Add +0.1% |
| LAMR Lamar Advertising Co. Class A | 0.20% | 20,042 | $2.3M | Reduce -2.6% |
| AXON Axon Enterprise Inc. | 0.19% | 4,164 | $2.2M | Add +2.4% |
| T AT&T Inc. | 0.19% | 76,610 | $2.2M | Add +5.5% |
| WMT Walmart Inc. | 0.17% | 23,101 | $2.0M | Add +9.6% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.17% | 48,307 | $2.0M | Reduce -0.9% |
| D Dominion Energy Inc. | 0.16% | 33,861 | $1.9M | Add +0.7% |
| FDX FedEx Corp. | 0.16% | 7,763 | $1.9M | Reduce -1.0% |
| VZ Verizon Communications Inc. | 0.15% | 39,462 | $1.8M | Add +0.8% |
| L Loews Corp. | 0.15% | 19,395 | $1.8M | No change |
| LLY Eli Lilly & Co. | 0.15% | 2,149 | $1.8M | Add +255.2% |
| GLD SPDR Gold Shares | 0.15% | 6,063 | $1.7M | Add +43.5% |
| BDX Becton Dickinson and Co. | 0.15% | 7,620 | $1.7M | No change |
| CSX CSX Corp. | 0.15% | 58,850 | $1.7M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 6,295 | $1.7M | Reduce -1.8% |
| AEP American Electric Power | 0.15% | 15,784 | $1.7M | Reduce -0.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.15% | 4,844 | $1.7M | Add +2.0% |
| WFC Wells Fargo & Co. | 0.14% | 22,931 | $1.6M | Reduce -1.3% |
| V Visa Inc. Class A | 0.14% | 4,586 | $1.6M | Add +2.1% |
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -1.8% | 2.50% | −0.99 |
| TXN Texas Instruments Inc. | Reduce -89.7% | 0.09% | −0.80 |
| CMCSA Comcast Corp. Class A | Reduce -57.2% | 0.39% | −0.53 |
| GOOG Alphabet Inc. Class C | Reduce -1.1% | 1.76% | −0.39 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -51.5% | 0.05% | −0.06 |
| CW Curtiss-Wright Corp. | Reduce -2.9% | 0.39% | −0.06 |
| GS Goldman Sachs Group Inc. | Reduce -0.1% | 1.18% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -0.9% | 0.80% | −0.05 |
| CAT Caterpillar Inc. | Reduce -0.0% | 0.46% | −0.04 |
| FMNB Farmers Natl Banc Corp. | Reduce -2.3% | 0.38% | −0.04 |
| AXP American Express Co. | Reduce -1.4% | 0.34% | −0.04 |
| CIVB Civista Bancshares Inc. | Reduce -5.3% | 0.28% | −0.04 |
| EMR Emerson Electric Co. | Reduce -2.6% | 0.23% | −0.03 |
| ROK Rockwell Automation Inc. | Reduce -0.5% | 0.29% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -4.1% | 0.12% | −0.03 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.03 |
| FDX FedEx Corp. | Reduce -1.0% | 0.16% | −0.03 |
| TT Trane Technologies PLC | Reduce -0.5% | 0.27% | −0.03 |
| HBAN Huntington Bancshares Inc. | Reduce -0.7% | 0.28% | −0.02 |
| LAMR Lamar Advertising Co. Class A | Reduce -2.6% | 0.20% | −0.02 |
| MS Morgan Stanley | Reduce -9.9% | 0.09% | −0.02 |
| ADSK Autodesk Inc. | Reduce -7.7% | 0.06% | −0.01 |
| UPS United Parcel Service Class B | Reduce -0.1% | 0.08% | −0.01 |
| PEP Pepsico Inc. | Reduce -0.6% | 0.86% | −0.01 |
| GIS General Mills Inc. | Reduce -4.3% | 0.09% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.8% | 0.15% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -2.0% | 0.03% | −0.01 |
| CARR Carrier Global Corp. | Reduce -1.8% | 0.10% | −0.01 |
| ST Sensata Technologies Holdplc | Reduce -8.8% | 0.03% | −0.01 |
| ZTS Zoetis Inc. | Reduce -11.9% | 0.05% | −0.01 |
| EBC Eastern Bankshares Inc. | Reduce -2.7% | 0.08% | −0.01 |
| KMPR Kemper Corp. | Reduce -4.1% | 0.21% | −0.01 |
| RPM RPM International Inc. | Reduce -13.7% | 0.03% | −0.01 |
| GSST Goldman Sachs Ultra Short Bo | Reduce -18.3% | 0.03% | −0.01 |
| BA The Boeing Co. | Reduce -0.1% | 0.13% | −0.00 |
| MINT PIMCO Enhanced Short Maturit | Reduce -8.1% | 0.04% | −0.00 |
| LBTYK Liberty Global Ltd. Class C | Reduce -10.2% | 0.01% | −0.00 |
| LOAN Manhattan Bridge Capital Inc. | Reduce -15.3% | 0.01% | −0.00 |
| DVA Davita Inc. | Reduce -8.1% | 0.02% | −0.00 |
| GEHC GE Healthcare Technology | Reduce -4.0% | 0.03% | 0.00 |
| EFA iShares MSCI Eafe ETF | Reduce -7.5% | 0.04% | +0.00 |
| MPC Marathon Petroleum Corp. | Reduce -2.0% | 0.04% | +0.00 |
| SBUX Starbucks Corp. | Reduce -5.1% | 0.04% | +0.00 |
| TSCO Tractor Supply Company | Reduce -1.0% | 0.04% | +0.00 |
| WFC Wells Fargo & Co. | Reduce -1.3% | 0.14% | +0.00 |
| DE Deere & Co. | Reduce -9.7% | 0.34% | +0.00 |
| BP BP PLC-Spons ADR | Reduce -5.9% | 0.04% | +0.00 |
| CPAY Corpay Inc. | Reduce -1.1% | 0.13% | +0.00 |
| GD General Dynamics Corp. | Reduce -0.1% | 0.11% | +0.00 |
| ROP Roper Technologies Inc. | Reduce -2.6% | 0.06% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| TMUS T-Mobile US Inc. | New | 0.54% | +0.54 |
| DELL Dell Technologies -C | Add +80.1% | 1.39% | +0.42 |
| PM Philip Morris International | Add +0.2% | 1.53% | +0.38 |
| JNJ Johnson & Johnson | Add +2.2% | 1.84% | +0.28 |
| XOM Exxon Mobil Corp. | Add +2.2% | 2.00% | +0.25 |
| ABT Abbott Laboratories | Add +6.8% | 1.16% | +0.24 |
| CVX Chevron Corp. | Add +2.2% | 1.42% | +0.23 |
| CB Chubb Ltd. | Add +1.0% | 1.51% | +0.15 |
| LIN Linde PLC | Add +0.3% | 1.22% | +0.14 |
| MCD McDonald's Corp. | Add +1.8% | 1.41% | +0.14 |
| AON Aon PLC Class A | Add +2.3% | 0.90% | +0.12 |
| LLY Eli Lilly & Co. | Add +255.2% | 0.15% | +0.11 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +9.6% | 1.00% | +0.11 |
| ABBV Abbvie Inc. | Add +0.0% | 0.63% | +0.10 |
| KLAC KLA Corp. | Add +1.9% | 1.00% | +0.10 |
| NFLX Netflix Inc. | Add +0.1% | 1.62% | +0.09 |
| PG The Procter & Gamble Co. | Add +1.7% | 1.77% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +0.5% | 1.93% | +0.07 |
| SYK Stryker Corp. | Add +0.6% | 1.37% | +0.06 |
| GLD SPDR Gold Shares | Add +43.5% | 0.15% | +0.06 |
| XLE SS Energy Select Sector | New | 0.06% | +0.06 |
| NSC Norfolk Southern Corp. | Add +29.5% | 0.21% | +0.05 |
| UNP Union Pacific Corp. | Add +1.2% | 0.93% | +0.05 |
| GE General Electric | Add +1.6% | 0.26% | +0.05 |
| T AT&T Inc. | Add +5.5% | 0.19% | +0.05 |
| EOG EOG Resources Inc. | Add +2.1% | 0.60% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +17.3% | 0.37% | +0.04 |
| GABC German American Bancorp | New | 0.04% | +0.04 |
| PHO Invesco Water Resources ETF | New | 0.04% | +0.04 |
| TJX TJX Companies Inc. | Add +0.4% | 1.78% | +0.04 |
| CEF Sprott Physical Gold and Sil | New | 0.03% | +0.03 |
| TDG Transdigm Group Inc. | Add +2.2% | 0.25% | +0.03 |
| RSP Invesco S&P 500 Equal Weight | Add +151.9% | 0.04% | +0.03 |
| JMST JPM Ultra-Short Muni Income | Add +67.1% | 0.07% | +0.03 |
| MTB M & T Bank Corp. | New | 0.03% | +0.03 |
| AMGN Amgen Inc. | Add +9.2% | 0.10% | +0.03 |
| KKR KKR & Co. Inc. | New | 0.02% | +0.02 |
| CVS CVS Health Corp. | New | 0.02% | +0.02 |
| GDX Vaneck Gold Miners ETF | New | 0.02% | +0.02 |
| DRI Darden Restaurants Inc. | New | 0.02% | +0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.02% | +0.02 |
| VZ Verizon Communications Inc. | Add +0.8% | 0.15% | +0.02 |
| AZO AutoZone Inc. | New | 0.02% | +0.02 |
| EQT Eqt Corp. | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | New | 0.02% | +0.02 |
| SHEL Shell PLC-ADR | Add +0.2% | 0.12% | +0.02 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.02% | +0.02 |
| PSX Phillips 66 | New | 0.02% | +0.02 |
| NVS Novartis AG-Sponsored ADR | New | 0.02% | +0.02 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | New | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 401 | $1.7B | AAPL, DELL, AVGO, GOOGL, MSFT |
| Q1 2026 | 435 | $1.6B | AAPL, MSFT, AVGO, GOOGL, AMZN |
| Q4 2025 | 395 | $1.5B | AAPL, MSFT, AVGO, GOOGL, AMZN |
| Q3 2025 | 285 | $1.4B | AAPL, MSFT, AVGO, AMZN, MA |
| Q2 2025 | 285 | $1.3B | MSFT, AAPL, AVGO, AMZN, MA |
| Q1 2025 | 252 | $1.2B | AAPL, MSFT, MA, AMZN, BRK.B |
| Q4 2024 | 228 | $1.2B | AAPL, MSFT, AVGO, AMZN, MA |
| Q3 2024 | 233 | $1.2B | AAPL, MSFT, MA, AMZN, AVGO |
| Q2 2024 | 223 | $1.1B | AAPL, MSFT, AMZN, MA, AVGO |
| Q1 2024 | 225 | $1.1B | MSFT, AAPL, MA, AMZN, BRK.B |