Dillon & Associates Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Dillon & Associates Inc. reported 81 stock positions worth $721.1 million. Its top holding was Nvidia (NVDA) at 18.0% of the portfolio, followed by Apple (AAPL, 9.5%) and Visa Class A (V, 5.2%). Compared with Q3 2024, it opened 1 new position, sold out of 1, added to 31 and reduced 40. The biggest buy was Visa Class A (V, shares +0%) and the biggest sale Starbucks (SBUX, shares −19%).
- Most Recent 13F
- Q2 2026
- Location
- JACKSON, MI
- CIK
- 0001054425
- Portfolio Value
- $721.1M (Q4 2024)
- SEC Filing
- 0001054425-25-000001 ↗ filed Feb 11, 2025
Holdings Value
Holdings 81 stocks · $721.1M
| NVDA Nvidia Corp. | 17.97% | 967,064 | $129.6M | Reduce -3.3% |
| AAPL Apple Inc. | 9.54% | 275,202 | $68.8M | Reduce -1.8% |
| V Visa Inc. Class A | 5.16% | 117,798 | $37.2M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 5.15% | 196,417 | $37.1M | Reduce -0.1% |
| SYK Stryker Corp. | 4.29% | 85,829 | $30.9M | Reduce -0.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 3.43% | 287,476 | $24.7M | Add +1.4% |
| ABT Abbott Laboratories | 3.34% | 213,021 | $24.1M | Add +1.3% |
| ADP Automatic Data Processing | 2.80% | 68,930 | $20.2M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 2.75% | 90,381 | $19.8M | Add +4.9% |
| LOW Lowe's Cos Inc. | 2.64% | 77,171 | $19.1M | Reduce -0.6% |
| PANW Palo Alto Networks Inc. | 2.57% | 101,703 | $18.5M | Add +0.4% |
| APD Air Products & Chemicals Inc. | 2.32% | 57,770 | $16.8M | Reduce -0.4% |
| FISV Fiserv Inc. | 2.16% | 75,895 | $15.6M | Add +9.3% |
| CMG Chipotle Mexican Grill Inc. | 2.14% | 257,481 | $15.4M | Add +1.5% |
| ORLY O'reilly Automotive Inc. | 2.11% | 12,809 | $15.2M | Reduce -0.6% |
| ISRG Intuitive Surgical Inc. | 1.80% | 24,823 | $13.0M | Add +2.3% |
| PAYC Paycom Software Inc. | 1.69% | 59,407 | $12.2M | Add +0.1% |
| GOOG Alphabet Inc. Class C | 1.67% | 63,472 | $12.1M | Reduce -0.9% |
| DHR Danaher Corp. | 1.58% | 49,515 | $11.4M | Reduce -0.5% |
| ECL Ecolab Inc. | 1.58% | 48,655 | $11.4M | Add +7.7% |
| NSC Norfolk Southern Corp. | 1.51% | 46,463 | $10.9M | Add +1.0% |
| PEP Pepsico Inc. | 1.50% | 71,113 | $10.8M | Reduce -0.8% |
| SBUX Starbucks Corp. | 1.42% | 112,194 | $10.2M | Reduce -19.1% |
| REGN Regeneron Pharmaceuticals | 1.37% | 13,899 | $9.9M | Add +2.8% |
| CRM Salesforce Inc. | 1.28% | 27,651 | $9.2M | Add +0.2% |
| STZ Constellation Brands Inc. Class A | 1.25% | 40,872 | $9.0M | Reduce -4.2% |
| CNI Canadian Natl Railway Co. | 1.11% | 78,589 | $8.0M | Reduce -3.5% |
| COST Costco Wholesale Corp. | 1.03% | 8,114 | $7.4M | Add +8.7% |
| META Meta Platforms Inc. Class A | 1.03% | 12,644 | $7.4M | Add +0.3% |
| PAYX Paychex Inc. | 1.03% | 52,831 | $7.4M | Reduce -2.9% |
| MSFT Microsoft Corp. | 0.96% | 16,476 | $7.0M | Add +3.2% |
| HD Home Depot Inc. | 0.65% | 11,987 | $4.7M | Reduce -0.1% |
| RTX RTX Corp. | 0.61% | 37,895 | $4.4M | Reduce -2.9% |
| NEE Nextera Energy Inc. | 0.60% | 60,468 | $4.4M | Add +1.9% |
| JPM JPMorgan Chase & Co. | 0.55% | 16,563 | $4.0M | Add +0.1% |
| CASY Casey's General Stores Inc. | 0.51% | 9,283 | $3.7M | Add +505.5% |
| JNJ Johnson & Johnson | 0.49% | 24,426 | $3.5M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.47% | 20,373 | $3.4M | Add +0.5% |
| MCD McDonald's Corp. | 0.41% | 10,184 | $3.0M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 0.39% | 8,553 | $2.8M | Add +10.8% |
| CL Colgate-Palmolive Co. | 0.39% | 31,104 | $2.8M | Add +0.5% |
| MNST Monster Beverage Corp. | 0.37% | 49,850 | $2.6M | Reduce -1.5% |
| ROK Rockwell Automation Inc. | 0.33% | 8,310 | $2.4M | Reduce -2.5% |
| GNRC Generac Holdings Inc. | 0.33% | 15,163 | $2.4M | Add +20.1% |
| AZN Astrazeneca PLC-Spons ADR | 0.28% | 30,272 | $2.0M | Reduce -7.8% |
| CELH Celsius Holdings Inc. | 0.25% | 69,127 | $1.8M | Reduce -9.8% |
| ADBE Adobe Inc. | 0.25% | 3,971 | $1.8M | Add +9.4% |
| HON Honeywell International Inc. | 0.24% | 7,575 | $1.7M | Reduce -3.0% |
| WMT Walmart Inc. | 0.20% | 16,004 | $1.4M | Reduce -0.6% |
| MDLZ Mondelez International Inc. Class A | 0.20% | 23,460 | $1.4M | Reduce -21.9% |
| SYY Sysco Corp. | 0.20% | 18,519 | $1.4M | Reduce -2.8% |
| ADI Analog Devices Inc. | 0.17% | 5,840 | $1.2M | Add +10.5% |
| ABBV Abbvie Inc. | 0.17% | 6,944 | $1.2M | Add +0.4% |
| ASML ASML Holding NV-NY Reg SHS | 0.16% | 1,682 | $1.2M | Add +12.2% |
| QCOM Qualcomm Inc. | 0.15% | 6,867 | $1.1M | Reduce -1.4% |
| LLY Eli Lilly & Co. | 0.13% | 1,246 | $962K | Add +175.7% |
| CMCSA Comcast Corp. Class A | 0.11% | 21,335 | $811K | Reduce -51.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.10% | 6,496 | $721K | Reduce -6.4% |
| AMGN Amgen Inc. | 0.10% | 2,661 | $695K | No change |
| HSY The Hershey Co. | 0.09% | 3,632 | $614K | Reduce -5.2% |
| UNH Unitedhealth Group Inc. | 0.08% | 1,167 | $591K | Reduce -3.1% |
| PYPL PayPal Holdings Inc. | 0.08% | 6,687 | $568K | Reduce -10.6% |
| KO The Coca-Cola Co. | 0.06% | 6,551 | $406K | Add +3.2% |
| EMR Emerson Electric Co. | 0.05% | 3,157 | $391K | No change |
| MRSH Marsh & McLennan Cos | 0.05% | 1,800 | $382K | No change |
| CSCO Cisco Systems Inc. | 0.05% | 6,375 | $376K | Reduce -0.5% |
| AFL Aflac Inc. | 0.05% | 3,516 | $362K | Add +6.5% |
| TGT Target Corp. | 0.05% | 2,525 | $341K | No change |
| K Kellanova | 0.05% | 4,010 | $325K | Reduce -50.0% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.04% | 1,060 | $307K | New |
| DEO Diageo PLC-Sponsored ADR | 0.04% | 2,407 | $306K | Reduce -8.0% |
| NVS Novartis AG-Sponsored ADR | 0.04% | 3,134 | $304K | Reduce -3.1% |
| MRK Merck & Co. Inc. | 0.04% | 3,040 | $301K | Reduce -13.7% |
| COF Capital One Financial Corp. | 0.04% | 1,500 | $267K | No change |
| USB US Bancorp | 0.03% | 5,150 | $247K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.03% | 520 | $236K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.03% | 1,027 | $226K | No change |
| ENB Enbridge Inc. | 0.03% | 5,324 | $224K | No change |
| HBAN Huntington Bancshares Inc. | 0.03% | 13,959 | $223K | Reduce -2.8% |
| LIN Linde PLC | 0.03% | 497 | $208K | Add +1.4% |
| UNP Union Pacific Corp. | 0.03% | 908 | $207K | Reduce -0.9% |
Portfolio Sells Q3 2024 → Q4 2024
| SBUX Starbucks Corp. | Reduce -19.1% | 1.42% | −0.48 |
| DHR Danaher Corp. | Reduce -0.5% | 1.58% | −0.37 |
| LOW Lowe's Cos Inc. | Reduce -0.6% | 2.64% | −0.32 |
| STZ Constellation Brands Inc. Class A | Reduce -4.2% | 1.25% | −0.30 |
| CNI Canadian Natl Railway Co. | Reduce -3.5% | 1.11% | −0.23 |
| PEP Pepsico Inc. | Reduce -0.8% | 1.50% | −0.22 |
| CMCSA Comcast Corp. Class A | Reduce -51.0% | 0.11% | −0.14 |
| MDLZ Mondelez International Inc. Class A | Reduce -21.9% | 0.20% | −0.12 |
| APD Air Products & Chemicals Inc. | Reduce -0.4% | 2.32% | −0.11 |
| SYK Stryker Corp. | Reduce -0.5% | 4.29% | −0.10 |
| CELH Celsius Holdings Inc. | Reduce -9.8% | 0.25% | −0.09 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -7.8% | 0.28% | −0.08 |
| JNJ Johnson & Johnson | Reduce -0.5% | 0.49% | −0.07 |
| RTX RTX Corp. | Reduce -2.9% | 0.61% | −0.05 |
| K Kellanova | Reduce -50.0% | 0.05% | −0.05 |
| HD Home Depot Inc. | Reduce -0.1% | 0.65% | −0.04 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.03 |
| MCD McDonald's Corp. | Reduce -0.1% | 0.41% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -1.4% | 0.15% | −0.02 |
| HSY The Hershey Co. | Reduce -5.2% | 0.09% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -3.1% | 0.08% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -13.7% | 0.04% | −0.01 |
| SYY Sysco Corp. | Reduce -2.8% | 0.20% | −0.01 |
| NVS Novartis AG-Sponsored ADR | Reduce -3.1% | 0.04% | −0.01 |
| DEO Diageo PLC-Sponsored ADR | Reduce -8.0% | 0.04% | −0.01 |
| MNST Monster Beverage Corp. | Reduce -1.5% | 0.37% | −0.00 |
| PYPL PayPal Holdings Inc. | Reduce -10.6% | 0.08% | −0.00 |
| UNP Union Pacific Corp. | Reduce -0.9% | 0.03% | −0.00 |
| PAYX Paychex Inc. | Reduce -2.9% | 1.03% | +0.00 |
| HBAN Huntington Bancshares Inc. | Reduce -2.8% | 0.03% | +0.00 |
| CSCO Cisco Systems Inc. | Reduce -0.5% | 0.05% | +0.00 |
| DIS The Walt Disney Co. | Reduce -6.4% | 0.10% | +0.01 |
| ROK Rockwell Automation Inc. | Reduce -2.5% | 0.33% | +0.01 |
| HON Honeywell International Inc. | Reduce -3.0% | 0.24% | +0.01 |
| WMT Walmart Inc. | Reduce -0.6% | 0.20% | +0.02 |
| ORLY O'reilly Automotive Inc. | Reduce -0.6% | 2.11% | +0.02 |
| ADP Automatic Data Processing | Reduce -0.3% | 2.80% | +0.11 |
| GOOG Alphabet Inc. Class C | Reduce -0.9% | 1.67% | +0.17 |
| AAPL Apple Inc. | Reduce -1.8% | 9.54% | +0.35 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 5.15% | +0.55 |
| NVDA Nvidia Corp. | Reduce -3.3% | 17.97% | +0.94 |
Portfolio Buys Q3 2024 → Q4 2024
| V Visa Inc. Class A | Add +0.1% | 5.16% | +0.61 |
| AMZN Amazon.com Inc. | Add +4.9% | 2.75% | +0.49 |
| CASY Casey's General Stores Inc. | Add +505.5% | 0.51% | +0.43 |
| FISV Fiserv Inc. | Add +9.3% | 2.16% | +0.40 |
| PAYC Paycom Software Inc. | Add +0.1% | 1.69% | +0.29 |
| CRM Salesforce Inc. | Add +0.2% | 1.28% | +0.22 |
| PANW Palo Alto Networks Inc. | Add +0.4% | 2.57% | +0.13 |
| ISRG Intuitive Surgical Inc. | Add +2.3% | 1.80% | +0.12 |
| COST Costco Wholesale Corp. | Add +8.7% | 1.03% | +0.10 |
| LLY Eli Lilly & Co. | Add +175.7% | 0.13% | +0.08 |
| CMG Chipotle Mexican Grill Inc. | Add +1.5% | 2.14% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 0.55% | +0.06 |
| GNRC Generac Holdings Inc. | Add +20.1% | 0.33% | +0.04 |
| MSTR Strategy Inc. | New | 0.04% | +0.04 |
| ETN Eaton Corp. PLC | Add +10.8% | 0.39% | +0.03 |
| META Meta Platforms Inc. Class A | Add +0.3% | 1.03% | +0.01 |
| ADI Analog Devices Inc. | Add +10.5% | 0.17% | +0.00 |
| MSFT Microsoft Corp. | Add +3.2% | 0.96% | −0.00 |
| AFL Aflac Inc. | Add +6.5% | 0.05% | −0.00 |
| LIN Linde PLC | Add +1.4% | 0.03% | −0.00 |
| KO The Coca-Cola Co. | Add +3.2% | 0.06% | −0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +12.2% | 0.16% | −0.01 |
| PG The Procter & Gamble Co. | Add +0.5% | 0.47% | −0.02 |
| ADBE Adobe Inc. | Add +9.4% | 0.25% | −0.02 |
| ABBV Abbvie Inc. | Add +0.4% | 0.17% | −0.02 |
| ABT Abbott Laboratories | Add +1.3% | 3.34% | −0.04 |
| ECL Ecolab Inc. | Add +7.7% | 1.58% | −0.04 |
| CL Colgate-Palmolive Co. | Add +0.5% | 0.39% | −0.06 |
| NSC Norfolk Southern Corp. | Add +1.0% | 1.51% | −0.09 |
| NEE Nextera Energy Inc. | Add +1.9% | 0.60% | −0.11 |
| REGN Regeneron Pharmaceuticals | Add +2.8% | 1.37% | −0.63 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +1.4% | 3.43% | −1.32 |
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 |