Beese Fulmer Investment Management, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Beese Fulmer Investment Management, Inc. reported 395 stock positions worth $1.5 billion. Its top holding was Apple (AAPL) at 5.7% of the portfolio, followed by Microsoft (MSFT, 4.5%) and Broadcom (AVGO, 3.8%). Compared with Q3 2025, it opened 124 new positions, sold out of 14, added to 149 and reduced 102. The biggest buy was Boston Scientific (BSX, shares +4839%) and the biggest sale Merck (MRK, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- CANTON, OH
- CIK
- 0000911274
- Portfolio Value
- $1.5B (Q4 2025)
- SEC Filing
- 0000911274-26-000002 ↗ filed Feb 5, 2026
Holdings Value
Holdings 395 stocks · $1.5B
| AAPL Apple Inc. | 5.73% | 323,595 | $88.0M | Add +2.2% |
| MSFT Microsoft Corp. | 4.49% | 142,642 | $69.0M | Add +1.4% |
| AVGO Broadcom Inc. | 3.78% | 167,914 | $58.1M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 3.13% | 153,864 | $48.2M | Add +1.2% |
| AMZN Amazon.com Inc. | 2.79% | 185,844 | $42.9M | Add +2.2% |
| GOOG Alphabet Inc. Class C | 2.60% | 127,498 | $40.0M | Reduce -1.6% |
| MA Mastercard Inc. Class A | 2.49% | 67,057 | $38.3M | Add +1.0% |
| RTX RTX Corp. | 2.12% | 177,712 | $32.6M | Add +1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.05% | 62,668 | $31.5M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 1.98% | 94,193 | $30.4M | Add +1.1% |
| JNJ Johnson & Johnson | 1.87% | 138,869 | $28.7M | Add +2.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.76% | 176,280 | $27.1M | Add +1.8% |
| ORLY O'reilly Automotive Inc. | 1.76% | 296,542 | $27.0M | Add +1.2% |
| COST Costco Wholesale Corp. | 1.76% | 62,706 | $27.0M | Add +104.5% |
| XOM Exxon Mobil Corp. | 1.62% | 414,906 | $25.0M | Add +106.3% |
| META Meta Platforms Inc. Class A | 1.55% | 72,265 | $23.9M | Add +106.9% |
| CMI Cummins Inc. | 1.47% | 44,099 | $22.5M | Add +0.3% |
| GS Goldman Sachs Group Inc. | 1.46% | 25,491 | $22.4M | Add +1.4% |
| DELL Dell Technologies -C | 1.44% | 175,874 | $22.1M | Add +0.7% |
| KLAC KLA Corp. | 1.41% | 17,834 | $21.7M | Add +1.5% |
| BSX Boston Scientific Corp. | 1.38% | 222,026 | $21.2M | Add +4839.4% |
| ANET Arista Networks Inc. | 1.28% | 149,849 | $19.6M | Add +2.3% |
| NFLX Netflix Inc. | 1.26% | 205,881 | $19.3M | Add +3.5% |
| PM Philip Morris International | 1.24% | 235,353 | $19.0M | Add +104.4% |
| CB Chubb Ltd. | 1.23% | 121,060 | $19.0M | Add +105.8% |
| PG The Procter & Gamble Co. | 1.14% | 122,342 | $17.5M | Reduce -0.5% |
| CRM Salesforce Inc. | 1.14% | 65,989 | $17.5M | Reduce -0.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.14% | 219,043 | $17.5M | Add +15.8% |
| MCD McDonald's Corp. | 1.13% | 113,431 | $17.3M | Add +108.8% |
| ETN Eaton Corp. PLC | 1.08% | 51,967 | $16.6M | Add +3.9% |
| ICE Intercontinental Exchange Inc. | 1.07% | 101,208 | $16.4M | Add +2.7% |
| SYK Stryker Corp. | 1.05% | 45,705 | $16.1M | Add +3.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.01% | 270,279 | $15.5M | Add +103.3% |
| CVX Chevron Corp. | 0.99% | 99,787 | $15.2M | Reduce -1.4% |
| MU Micron Technology Inc. | 0.95% | 51,205 | $14.6M | New |
| IVW iShares S&P 500 Growth ETF | 0.93% | 115,822 | $14.3M | Reduce -0.2% |
| IVE iShares S&P 500 Value ETF | 0.90% | 65,073 | $13.8M | Add +0.5% |
| ABT Abbott Laboratories | 0.89% | 109,487 | $13.7M | Add +2.7% |
| EW Edwards Lifesciences Corp. | 0.88% | 158,820 | $13.5M | Add +4.0% |
| LIN Linde PLC | 0.88% | 31,616 | $13.5M | Add +2.2% |
| KO The Coca-Cola Co. | 0.78% | 172,306 | $12.0M | Reduce -1.8% |
| TDG Transdigm Group Inc. | 0.77% | 8,929 | $11.9M | Add +296.1% |
| HD Home Depot Inc. | 0.73% | 32,739 | $11.3M | Add +2.3% |
| UNP Union Pacific Corp. | 0.72% | 48,104 | $11.1M | Add +0.6% |
| AON Aon PLC Class A | 0.68% | 29,544 | $10.4M | Add +5.6% |
| COP Conocophillips | 0.63% | 103,820 | $9.7M | Reduce -0.9% |
| PEP Pepsico Inc. | 0.63% | 66,924 | $9.7M | Add +3.9% |
| DHI D.R. Horton Inc. | 0.63% | 67,254 | $9.7M | Add +3.4% |
| CAT Caterpillar Inc. | 0.61% | 16,477 | $9.4M | Reduce -1.2% |
| LOW Lowe's Cos Inc. | 0.61% | 38,863 | $9.4M | Reduce -3.7% |
| ABBV Abbvie Inc. | 0.55% | 36,964 | $8.4M | Reduce -3.2% |
| CW Curtiss-Wright Corp. | 0.50% | 13,948 | $7.7M | Add +2.2% |
| IJR iShares Core S&P Small-Cap E | 0.44% | 56,246 | $6.8M | Reduce -0.6% |
| HSY The Hershey Co. | 0.44% | 73,928 | $6.7M | Add +89.3% |
| EOG EOG Resources Inc. | 0.40% | 58,172 | $6.1M | Add +1.9% |
| NOC Northrop Grumman Corp. | 0.39% | 10,622 | $6.1M | Reduce -3.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.39% | 8 | $6.0M | No change |
| LLY Eli Lilly & Co. | 0.39% | 5,525 | $5.9M | Add +13.6% |
| TMUS T-Mobile US Inc. | 0.38% | 28,984 | $5.9M | Reduce -5.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.38% | 8,538 | $5.8M | Add +3.8% |
| IJH iShares Core S&P Midcap ETF | 0.37% | 85,826 | $5.7M | Reduce -0.7% |
| GE General Electric filed as GE AEROSPACE | 0.36% | 17,929 | $5.5M | Add +13.3% |
| NVDA Nvidia Corp. | 0.36% | 29,288 | $5.5M | Add +1.3% |
| AXP American Express Co. | 0.33% | 13,889 | $5.1M | Reduce -6.2% |
| ROK Rockwell Automation Inc. | 0.33% | 13,190 | $5.1M | Add +0.5% |
| FMNB Farmers Natl Banc Corp. | 0.32% | 374,090 | $5.0M | Add +11.8% |
| HBAN Huntington Bancshares Inc. | 0.32% | 558,017 | $4.9M | Add +101.9% |
| RSP Invesco S&P 500 Equal Weight | 0.29% | 23,568 | $4.5M | Add +2.2% |
| MCK McKesson Corp. | 0.29% | 5,353 | $4.4M | Add +1.3% |
| DE Deere & Co. | 0.28% | 9,319 | $4.3M | Reduce -7.2% |
| FCX Freeport-McMoran Inc. | 0.27% | 80,164 | $4.1M | Add +6.3% |
| WMT Walmart Inc. | 0.26% | 35,235 | $3.9M | Add +27.3% |
| SHW The Sherwin-Williams Co. | 0.25% | 24,056 | $3.9M | Add +99.8% |
| TT Trane Technologies PLC | 0.24% | 9,554 | $3.7M | Reduce -4.7% |
| IBDR iShares Ibonds Dec 2026 Term | 0.24% | 152,071 | $3.7M | Add +3.5% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.24% | 144,082 | $3.7M | Add +6.6% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.24% | 149,806 | $3.6M | Add +5.2% |
| CIVB Civista Bancshares Inc. | 0.24% | 163,158 | $3.6M | Reduce -0.5% |
| ADP Automatic Data Processing | 0.24% | 13,970 | $3.6M | Reduce -8.7% |
| VIG Vanguard Dividend Apprec ETF | 0.23% | 16,510 | $3.6M | Add +0.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.23% | 39,347 | $3.5M | Reduce -1.0% |
| MRK Merck & Co. Inc. | 0.23% | 32,976 | $3.5M | Reduce -78.7% |
| CMCSA Comcast Corp. Class A | 0.22% | 113,272 | $3.4M | Reduce -3.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 10,753 | $3.2M | Reduce -5.3% |
| EMR Emerson Electric Co. | 0.21% | 23,818 | $3.2M | Add +0.5% |
| MKL Markel Group Inc. | 0.20% | 1,465 | $3.1M | Reduce -2.8% |
| TDY Teledyne Technologies Inc. | 0.20% | 6,135 | $3.1M | Reduce -0.1% |
| FLOT iShares Floating Rate Bond E | 0.20% | 61,414 | $3.1M | Reduce -6.8% |
| QCOM Qualcomm Inc. | 0.20% | 18,185 | $3.1M | Reduce -0.1% |
| GEV GE Vernova Inc. | 0.19% | 4,526 | $3.0M | Add +9.5% |
| IBDU iShares Ibonds Dec 2029 Term | 0.19% | 123,418 | $2.9M | Add +14.0% |
| NSC Norfolk Southern Corp. | 0.18% | 9,514 | $2.7M | Reduce -7.5% |
| AXON Axon Enterprise Inc. | 0.17% | 4,591 | $2.6M | Add +12.9% |
| FDX FedEx Corp. | 0.17% | 8,939 | $2.6M | Add +11.4% |
| APD Air Products & Chemicals Inc. | 0.16% | 9,934 | $2.5M | Reduce -4.9% |
| LAMR Lamar Advertising Co. Class A | 0.16% | 19,242 | $2.4M | Reduce -2.9% |
| GLD SPDR Gold Shares | 0.16% | 6,125 | $2.4M | Add +0.8% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.16% | 109,615 | $2.4M | Add +146.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.15% | 7,678 | $2.3M | Reduce -2.7% |
| PFE Pfizer Inc. | 0.15% | 93,356 | $2.3M | Add +9.8% |
Portfolio Sells Q3 2025 → Q4 2025
| MRK Merck & Co. Inc. | Reduce -78.7% | 0.23% | −0.67 |
| BAH Booz Allen Hamilton Holdings | Reduce -91.2% | 0.04% | −0.55 |
| ADBE Adobe Inc. | Reduce -95.2% | 0.03% | −0.55 |
| IR Ingersoll-Rand Inc. | Reduce -96.8% | 0.01% | −0.47 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.24 |
| PG The Procter & Gamble Co. | Reduce -0.5% | 1.14% | −0.16 |
| TMUS T-Mobile US Inc. | Reduce -5.4% | 0.38% | −0.12 |
| CVX Chevron Corp. | Reduce -1.4% | 0.99% | −0.10 |
| LOW Lowe's Cos Inc. | Reduce -3.7% | 0.61% | −0.09 |
| ADP Automatic Data Processing | Reduce -8.7% | 0.24% | −0.07 |
| EBC Eastern Bankshares Inc. | Sold out | 0.00% | −0.07 |
| NOC Northrop Grumman Corp. | Reduce -3.3% | 0.39% | −0.07 |
| ABBV Abbvie Inc. | Reduce -3.2% | 0.55% | −0.06 |
| AVGO Broadcom Inc. | Reduce -0.3% | 3.78% | −0.06 |
| COP Conocophillips | Reduce -0.9% | 0.63% | −0.05 |
| TT Trane Technologies PLC | Reduce -4.7% | 0.24% | −0.05 |
| TDY Teledyne Technologies Inc. | Reduce -0.1% | 0.20% | −0.04 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.2% | 0.93% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -23.4% | 0.08% | −0.04 |
| APD Air Products & Chemicals Inc. | Reduce -4.9% | 0.16% | −0.04 |
| DE Deere & Co. | Reduce -7.2% | 0.28% | −0.03 |
| KMPR Kemper Corp. | Reduce -3.3% | 0.09% | −0.03 |
| RSG Republic Services Inc. | Reduce -40.4% | 0.04% | −0.03 |
| NSC Norfolk Southern Corp. | Reduce -7.5% | 0.18% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -3.4% | 0.22% | −0.03 |
| PH Parker Hannifin Corp. | Reduce -56.9% | 0.03% | −0.03 |
| V Visa Inc. Class A | Reduce -24.4% | 0.09% | −0.03 |
| GABC German American Bancorp | Sold out | 0.00% | −0.03 |
| FLOT iShares Floating Rate Bond E | Reduce -6.8% | 0.20% | −0.03 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.03 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.03 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.6% | 0.44% | −0.02 |
| SJM The JM Smucker Co. | Reduce -7.7% | 0.08% | −0.02 |
| AMGN Amgen Inc. | Reduce -30.3% | 0.07% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.7% | 0.37% | −0.02 |
| CSX CSX Corp. | Reduce -10.9% | 0.12% | −0.02 |
| KO The Coca-Cola Co. | Reduce -1.8% | 0.78% | −0.02 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.02 |
| AEP American Electric Power | Reduce -11.3% | 0.11% | −0.02 |
| SOLV Solventum Corp. | Sold out | 0.00% | −0.02 |
| K Kellanova | Sold out | 0.00% | −0.02 |
| ELS Equity Lifestyle Properties | Reduce -50.1% | 0.02% | −0.02 |
| ETHW Bitwise Ethereum ETF | Sold out | 0.00% | −0.02 |
| FE Firstenergy Corp. | Reduce -45.1% | 0.02% | −0.02 |
| AWK American Water Works Co. Inc. | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.02 |
| FSBW FS Bancorp Inc. | Reduce -40.3% | 0.02% | −0.02 |
| MCO Moody's Corp. | Reduce -45.4% | 0.02% | −0.02 |
| WMB Williams Cos Inc. | Reduce -17.0% | 0.04% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| BSX Boston Scientific Corp. | Add +4839.4% | 1.38% | +1.35 |
| MU Micron Technology Inc. | New | 0.95% | +0.95 |
| GOOGL Alphabet Inc. Class A | Add +1.2% | 3.13% | +0.58 |
| TDG Transdigm Group Inc. | Add +296.1% | 0.77% | +0.57 |
| CMI Cummins Inc. | Add +0.3% | 1.47% | +0.18 |
| AAPL Apple Inc. | Add +2.2% | 5.73% | +0.16 |
| LLY Eli Lilly & Co. | Add +13.6% | 0.39% | +0.13 |
| JNJ Johnson & Johnson | Add +2.0% | 1.87% | +0.13 |
| IBDW iShares Ibonds Dec 2031 Corp. | New | 0.11% | +0.11 |
| KLAC KLA Corp. | Add +1.5% | 1.41% | +0.10 |
| RTX RTX Corp. | Add +1.3% | 2.12% | +0.09 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +15.8% | 1.14% | +0.09 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +146.4% | 0.16% | +0.09 |
| CB Chubb Ltd. | Add +105.8% | 1.23% | +0.09 |
| GS Goldman Sachs Group Inc. | Add +1.4% | 1.46% | +0.08 |
| FCX Freeport-McMoran Inc. | Add +6.3% | 0.27% | +0.06 |
| EW Edwards Lifesciences Corp. | Add +4.0% | 0.88% | +0.06 |
| WMT Walmart Inc. | Add +27.3% | 0.26% | +0.06 |
| XOM Exxon Mobil Corp. | Add +106.3% | 1.62% | +0.06 |
| BMY Bristol-Myers Squibb Co. | Add +51.6% | 0.13% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +227.2% | 0.06% | +0.04 |
| ABNB Airbnb Inc. Class A | New | 0.04% | +0.04 |
| NEM Newmont Corp. | New | 0.04% | +0.04 |
| APP AppLovin Corp. Class A | Add +63.9% | 0.14% | +0.04 |
| TEAM Atlassian Corp. Class A | New | 0.04% | +0.04 |
| COF Capital One Financial Corp. | Add +118.9% | 0.07% | +0.04 |
| CNC Centene Corp. | New | 0.04% | +0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +88.5% | 0.10% | +0.04 |
| PCG P G & E Corp. | New | 0.04% | +0.04 |
| FDX FedEx Corp. | Add +11.4% | 0.17% | +0.04 |
| FIX Comfort Systems USA Inc. | New | 0.04% | +0.04 |
| TRGP Targa Resources Corp. | New | 0.03% | +0.03 |
| EIX Edison International | New | 0.03% | +0.03 |
| TJX TJX Companies Inc. | Add +1.8% | 1.76% | +0.03 |
| AMZN Amazon.com Inc. | Add +2.2% | 2.79% | +0.03 |
| VRSN Verisign Inc. | New | 0.03% | +0.03 |
| XEL Xcel Energy Inc. | New | 0.03% | +0.03 |
| RBLX Roblox Corp. Class A | New | 0.03% | +0.03 |
| GE General Electric | Add +13.3% | 0.36% | +0.03 |
| MEDP Medpace Holdings Inc. | New | 0.03% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | New | 0.03% | +0.03 |
| ESTC Elastic NV | New | 0.03% | +0.03 |
| LVS Las Vegas Sands Corp. | New | 0.03% | +0.03 |
| DHR Danaher Corp. | New | 0.03% | +0.03 |
| HPQ HP Inc. | New | 0.03% | +0.03 |
| ZM Zoom Communications Inc. | New | 0.03% | +0.03 |
| WELL Welltower Inc. | New | 0.03% | +0.03 |
| JBHT Hunt (jb) Transprt SVCS Inc. | New | 0.03% | +0.03 |
| H Hyatt Hotels Corp. Class A | New | 0.03% | +0.03 |
| NTNX Nutanix Inc. Class A | New | 0.03% | +0.03 |
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 |