Dillon & Associates Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 5, 2026), Dillon & Associates Inc. reported 80 stock positions worth $817.2 million. Its top holding was Nvidia (NVDA) at 20.8% of the portfolio, followed by Apple (AAPL, 8.9%) and Alphabet Class A (GOOGL, 8.4%). Compared with Q1 2026, it opened 6 new positions, sold out of 2, added to 34 and reduced 33. The biggest buy was Palo Alto Networks (PANW, shares +2%) and the biggest sale Paycom Software (PAYC, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- JACKSON, MI
- CIK
- 0001054425
- Portfolio Value
- $817.2M (Q2 2026)
- SEC Filing
- 0001054425-26-000003 ↗ filed Aug 5, 2026
Holdings Value
Holdings 80 stocks · $817.2M
| NVDA Nvidia Corp. | 20.76% | 848,222 | $169.6M | Reduce -1.2% |
| AAPL Apple Inc. | 8.88% | 251,126 | $72.6M | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 8.41% | 192,561 | $68.7M | Reduce -0.4% |
| PANW Palo Alto Networks Inc. | 5.34% | 127,941 | $43.6M | Add +2.1% |
| V Visa Inc. Class A | 4.94% | 117,613 | $40.3M | Add +1.0% |
| SYK Stryker Corp. | 3.63% | 94,225 | $29.7M | Add +8.0% |
| AMZN Amazon.com Inc. | 2.98% | 102,422 | $24.4M | Add +2.7% |
| CASY Casey's General Stores Inc. | 2.98% | 30,585 | $24.3M | Add +2.5% |
| ABT Abbott Laboratories | 2.81% | 252,404 | $23.0M | Add +9.1% |
| GOOG Alphabet Inc. Class C | 2.49% | 57,547 | $20.3M | Reduce -0.7% |
| ORLY O'reilly Automotive Inc. | 2.14% | 189,729 | $17.5M | Reduce -0.7% |
| ADP Automatic Data Processing | 2.05% | 74,710 | $16.7M | Add +4.9% |
| APD Air Products & Chemicals Inc. | 2.04% | 56,812 | $16.6M | Reduce -0.1% |
| ECL Ecolab Inc. | 2.03% | 59,520 | $16.6M | Add +13.8% |
| ISRG Intuitive Surgical Inc. | 1.98% | 40,683 | $16.2M | Add +18.8% |
| NSC Norfolk Southern Corp. | 1.90% | 49,318 | $15.5M | Add +0.5% |
| LOW Lowe's Cos Inc. | 1.87% | 69,382 | $15.3M | Reduce -6.2% |
| LLY Eli Lilly & Co. | 1.77% | 12,093 | $14.5M | Add +35.1% |
| COST Costco Wholesale Corp. | 1.66% | 14,503 | $13.6M | Add +0.5% |
| ETN Eaton Corp. PLC | 1.29% | 24,693 | $10.5M | Add +6.6% |
| DHR Danaher Corp. | 1.28% | 54,953 | $10.4M | Reduce -0.1% |
| CNI Canadian Natl Railway Co. | 1.06% | 73,054 | $8.7M | Add +0.6% |
| MSFT Microsoft Corp. | 1.06% | 23,204 | $8.7M | Add +12.7% |
| RTX RTX Corp. | 0.95% | 40,908 | $7.8M | Add +0.3% |
| NEE Nextera Energy Inc. | 0.94% | 86,923 | $7.6M | Add +4.9% |
| AXP American Express Co. | 0.86% | 20,678 | $7.0M | Add +1169.4% |
| META Meta Platforms Inc. Class A | 0.84% | 12,126 | $6.8M | Reduce -1.3% |
| SBUX Starbucks Corp. | 0.78% | 62,662 | $6.4M | Reduce -16.7% |
| MNST Monster Beverage Corp. | 0.73% | 61,784 | $5.9M | Add +5.5% |
| JNJ Johnson & Johnson | 0.71% | 23,002 | $5.8M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 0.62% | 15,544 | $5.1M | Reduce -0.3% |
| CMG Chipotle Mexican Grill Inc. | 0.58% | 140,314 | $4.8M | Reduce -49.8% |
| BROS Dutch Bros Inc. Class A | 0.54% | 61,521 | $4.4M | New |
| NFLX Netflix Inc. | 0.52% | 59,922 | $4.3M | Add +48.9% |
| HD Home Depot Inc. | 0.43% | 9,950 | $3.5M | Reduce -8.9% |
| PAYC Paycom Software Inc. | 0.43% | 27,756 | $3.5M | Reduce -59.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.42% | 1,724 | $3.4M | Add +1.2% |
| AZN Astrazeneca PLC | 0.35% | 15,165 | $2.9M | New |
| PEP Pepsico Inc. | 0.34% | 20,775 | $2.8M | Reduce -9.7% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.34% | 57,796 | $2.8M | Reduce -72.0% |
| REGN Regeneron Pharmaceuticals | 0.31% | 4,086 | $2.5M | Reduce -7.0% |
| MCD McDonald's Corp. | 0.30% | 9,081 | $2.5M | Reduce -2.3% |
| PG The Procter & Gamble Co. | 0.29% | 15,997 | $2.4M | Reduce -3.0% |
| CL Colgate-Palmolive Co. | 0.26% | 22,650 | $2.1M | Reduce -14.5% |
| PAYX Paychex Inc. | 0.24% | 20,359 | $2.0M | Reduce -46.5% |
| ADI Analog Devices Inc. | 0.23% | 4,749 | $1.9M | Add +0.4% |
| CRM Salesforce Inc. | 0.23% | 11,779 | $1.8M | Reduce -64.4% |
| WMT Walmart Inc. | 0.22% | 15,775 | $1.8M | Reduce -1.9% |
| ABBV Abbvie Inc. | 0.22% | 7,026 | $1.8M | Add +0.0% |
| GNRC Generac Holdings Inc. | 0.20% | 5,628 | $1.6M | Add +1.1% |
| CELH Celsius Holdings Inc. | 0.16% | 46,064 | $1.3M | Add +29.1% |
| QCOM Qualcomm Inc. | 0.12% | 5,497 | $1.0M | Reduce -13.3% |
| SYY Sysco Corp. | 0.12% | 12,014 | $1.0M | No change |
| AMGN Amgen Inc. | 0.11% | 2,483 | $899K | Reduce -1.0% |
| HON Honeywell International Inc. | 0.09% | 3,277 | $734K | Reduce -2.5% |
| HONA Honeywell Aerospace Inc. | 0.09% | 3,277 | $724K | Reduce -2.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.09% | 1,511 | $722K | Add +34.3% |
| GEV GE Vernova Inc. | 0.08% | 574 | $674K | Add +39.3% |
| ROK Rockwell Automation Inc. | 0.08% | 1,353 | $670K | Add +2.9% |
| CSCO Cisco Systems Inc. | 0.08% | 5,413 | $633K | No change |
| EMR Emerson Electric Co. | 0.06% | 3,335 | $477K | Add +4.0% |
| UNH Unitedhealth Group Inc. | 0.06% | 1,113 | $463K | No change |
| AFL Aflac Inc. | 0.05% | 3,300 | $386K | No change |
| HSY The Hershey Co. | 0.05% | 2,121 | $371K | Reduce -0.3% |
| TSLA Tesla Inc. | 0.04% | 870 | $366K | Add +0.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.04% | 3,397 | $326K | Reduce -0.7% |
| NVS Novartis AG-Sponsored ADR | 0.04% | 2,031 | $319K | No change |
| USB US Bancorp | 0.04% | 5,150 | $309K | Reduce -0.5% |
| MDLZ Mondelez International Inc. Class A | 0.04% | 5,242 | $304K | Reduce -2.0% |
| COF Capital One Financial Corp. | 0.04% | 1,500 | $302K | Reduce -0.1% |
| KO The Coca-Cola Co. | 0.04% | 3,728 | $302K | Add +0.0% |
| MRSH Marsh & McLennan Cos | 0.04% | 1,800 | $301K | No change |
| ENB Enbridge Inc. | 0.04% | 5,337 | $288K | Add +1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.03% | 564 | $282K | Add +9.5% |
| LIN Linde PLC | 0.03% | 541 | $281K | Add +5.9% |
| CAT Caterpillar Inc. | 0.03% | 246 | $262K | New |
| AMD Advanced Micro Devices | 0.03% | 435 | $253K | New |
| IBRX Immunitybio Inc. | 0.03% | 23,800 | $214K | No change |
| GE General Electric Company filed as GE Aerospace | 0.03% | 564 | $211K | New |
| PLTR Palantir Technologies Inc. Class A | 0.02% | 1,710 | $200K | New |
Portfolio Sells Q1 2026 → Q2 2026
| PAYC Paycom Software Inc. | Reduce -59.4% | 0.43% | −0.72 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -72.0% | 0.34% | −0.71 |
| CMG Chipotle Mexican Grill Inc. | Reduce -49.8% | 0.58% | −0.65 |
| CRM Salesforce Inc. | Reduce -64.4% | 0.23% | −0.63 |
| LOW Lowe's Cos Inc. | Reduce -6.2% | 1.87% | −0.54 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.39 |
| ORLY O'reilly Automotive Inc. | Reduce -0.7% | 2.14% | −0.28 |
| PAYX Paychex Inc. | Reduce -46.5% | 0.24% | −0.24 |
| APD Air Products & Chemicals Inc. | Reduce -0.1% | 2.04% | −0.23 |
| DHR Danaher Corp. | Reduce -0.1% | 1.28% | −0.16 |
| REGN Regeneron Pharmaceuticals | Reduce -7.0% | 0.31% | −0.16 |
| SBUX Starbucks Corp. | Reduce -16.7% | 0.78% | −0.15 |
| PEP Pepsico Inc. | Reduce -9.7% | 0.34% | −0.15 |
| META Meta Platforms Inc. Class A | Reduce -1.3% | 0.84% | −0.13 |
| HON Honeywell International Inc. | Reduce -2.5% | 0.09% | −0.12 |
| MCD McDonald's Corp. | Reduce -2.3% | 0.30% | −0.10 |
| HD Home Depot Inc. | Reduce -8.9% | 0.43% | −0.07 |
| JNJ Johnson & Johnson | Reduce -0.7% | 0.71% | −0.06 |
| WMT Walmart Inc. | Reduce -1.9% | 0.22% | −0.06 |
| CL Colgate-Palmolive Co. | Reduce -14.5% | 0.26% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -3.0% | 0.29% | −0.04 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.03 |
| HSY The Hershey Co. | Reduce -0.3% | 0.05% | −0.02 |
| HONA Honeywell Aerospace Inc. | Reduce -2.5% | 0.09% | −0.01 |
| AMGN Amgen Inc. | Reduce -1.0% | 0.11% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -0.3% | 0.62% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.0% | 0.04% | −0.01 |
| DIS The Walt Disney Co. | Reduce -0.7% | 0.04% | −0.01 |
| COF Capital One Financial Corp. | Reduce -0.1% | 0.04% | −0.00 |
| USB US Bancorp | Reduce -0.5% | 0.04% | +0.00 |
| QCOM Qualcomm Inc. | Reduce -13.3% | 0.12% | +0.01 |
| AAPL Apple Inc. | Reduce -0.6% | 8.88% | +0.05 |
| NVDA Nvidia Corp. | Reduce -1.2% | 20.76% | +0.19 |
| GOOG Alphabet Inc. Class C | Reduce -0.7% | 2.49% | +0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -0.4% | 8.41% | +0.75 |
Portfolio Buys Q1 2026 → Q2 2026
| PANW Palo Alto Networks Inc. | Add +2.1% | 5.34% | +2.58 |
| AXP American Express Co. | Add +1169.4% | 0.86% | +0.79 |
| LLY Eli Lilly & Co. | Add +35.1% | 1.77% | +0.64 |
| BROS Dutch Bros Inc. Class A | New | 0.54% | +0.54 |
| AZN Astrazeneca PLC | New | 0.35% | +0.35 |
| ETN Eaton Corp. PLC | Add +6.6% | 1.29% | +0.15 |
| MNST Monster Beverage Corp. | Add +5.5% | 0.73% | +0.15 |
| AMZN Amazon.com Inc. | Add +2.7% | 2.98% | +0.13 |
| ECL Ecolab Inc. | Add +13.8% | 2.03% | +0.12 |
| ASML ASML Holding NV-NY Reg SHS | Add +1.2% | 0.42% | +0.11 |
| V Visa Inc. Class A | Add +1.0% | 4.94% | +0.09 |
| ADP Automatic Data Processing | Add +4.9% | 2.05% | +0.06 |
| GNRC Generac Holdings Inc. | Add +1.1% | 0.20% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +34.3% | 0.09% | +0.04 |
| CNI Canadian Natl Railway Co. | Add +0.6% | 1.06% | +0.03 |
| GEV GE Vernova Inc. | Add +39.3% | 0.08% | +0.03 |
| CAT Caterpillar Inc. | New | 0.03% | +0.03 |
| AMD Advanced Micro Devices | New | 0.03% | +0.03 |
| GE General Electric Company | New | 0.03% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | New | 0.02% | +0.02 |
| ADI Analog Devices Inc. | Add +0.4% | 0.23% | +0.02 |
| ROK Rockwell Automation Inc. | Add +2.9% | 0.08% | +0.02 |
| MSFT Microsoft Corp. | Add +12.7% | 1.06% | +0.01 |
| ABBV Abbvie Inc. | Add +0.0% | 0.22% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +9.5% | 0.03% | +0.00 |
| EMR Emerson Electric Co. | Add +4.0% | 0.06% | +0.00 |
| TSLA Tesla Inc. | Add +0.6% | 0.04% | +0.00 |
| LIN Linde PLC | Add +5.9% | 0.03% | −0.00 |
| KO The Coca-Cola Co. | Add +0.0% | 0.04% | −0.00 |
| ENB Enbridge Inc. | Add +1.9% | 0.04% | −0.00 |
| CELH Celsius Holdings Inc. | Add +29.1% | 0.16% | −0.01 |
| NFLX Netflix Inc. | Add +48.9% | 0.52% | −0.01 |
| CASY Casey's General Stores Inc. | Add +2.5% | 2.98% | −0.02 |
| NSC Norfolk Southern Corp. | Add +0.5% | 1.90% | −0.04 |
| NEE Nextera Energy Inc. | Add +4.9% | 0.94% | −0.12 |
| RTX RTX Corp. | Add +0.3% | 0.95% | −0.13 |
| ISRG Intuitive Surgical Inc. | Add +18.8% | 1.98% | −0.19 |
| SYK Stryker Corp. | Add +8.0% | 3.63% | −0.32 |
| COST Costco Wholesale Corp. | Add +0.5% | 1.66% | −0.32 |
| ABT Abbott Laboratories | Add +9.1% | 2.81% | −0.47 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 80 | $817.2M | NVDA, AAPL, GOOGL, PANW, V |
| Q1 2026 | 75 | $726.4M | NVDA, AAPL, GOOGL, V, SYK |
| Q4 2025 | 77 | $774.4M | NVDA, AAPL, GOOGL, V, SYK |
| Q3 2025 | 76 | $777.7M | NVDA, AAPL, GOOGL, V, SYK |
| Q2 2025 | 77 | $736.7M | NVDA, AAPL, V, GOOGL, SYK |
| Q1 2025 | 78 | $673.1M | NVDA, AAPL, V, SYK, GOOGL |
| Q4 2024 | 81 | $721.1M | NVDA, AAPL, V, GOOGL, SYK |
| Q3 2024 | 81 | $710.6M | NVDA, AAPL, NVO, GOOGL, V |
| Q2 2024 | 80 | $683.6M | NVDA, AAPL, NVO, GOOGL, V |
| Q1 2024 | 82 | $636.5M | NVDA, AAPL, NVO, V, SYK |