Dillon & Associates Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Dillon & Associates Inc. reported 75 stock positions worth $726.4 million. Its top holding was Nvidia (NVDA) at 20.6% of the portfolio, followed by Apple (AAPL, 8.8%) and Alphabet Class A (GOOGL, 7.7%). Compared with Q4 2025, it opened 2 new positions, sold out of 4, added to 31 and reduced 33. The biggest buy was Casey's General Stores (CASY, shares +14%) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- JACKSON, MI
- CIK
- 0001054425
- Portfolio Value
- $726.4M (Q1 2026)
- SEC Filing
- 0001054425-26-000002 ↗ filed May 7, 2026
Holdings Value
Holdings 75 stocks · $726.4M
| NVDA Nvidia Corp. | 20.57% | 858,770 | $149.4M | Reduce -1.3% |
| AAPL Apple Inc. | 8.83% | 252,519 | $64.1M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 7.66% | 193,280 | $55.7M | Reduce -0.1% |
| V Visa Inc. Class A | 4.84% | 116,475 | $35.2M | Add +0.1% |
| SYK Stryker Corp. | 3.95% | 87,224 | $28.7M | Add +1.1% |
| ABT Abbott Laboratories | 3.28% | 231,296 | $23.8M | Add +2.1% |
| CASY Casey's General Stores Inc. | 2.99% | 29,846 | $21.7M | Add +13.7% |
| AMZN Amazon.com Inc. | 2.86% | 99,752 | $20.7M | Add +2.5% |
| PANW Palo Alto Networks Inc. | 2.76% | 125,279 | $20.0M | Add +7.9% |
| ORLY O'reilly Automotive Inc. | 2.42% | 190,962 | $17.6M | Reduce -0.1% |
| LOW Lowe's Cos Inc. | 2.40% | 73,997 | $17.5M | Reduce -1.2% |
| GOOG Alphabet Inc. Class C | 2.29% | 57,966 | $16.6M | Reduce -1.6% |
| APD Air Products & Chemicals Inc. | 2.27% | 56,838 | $16.5M | Reduce -0.2% |
| ISRG Intuitive Surgical Inc. | 2.17% | 34,244 | $15.8M | Add +7.6% |
| ADP Automatic Data Processing | 1.99% | 71,194 | $14.5M | Add +1.0% |
| COST Costco Wholesale Corp. | 1.98% | 14,429 | $14.4M | Add +5.7% |
| NSC Norfolk Southern Corp. | 1.94% | 49,083 | $14.1M | Add +0.5% |
| ECL Ecolab Inc. | 1.91% | 52,284 | $13.9M | Add +0.6% |
| DHR Danaher Corp. | 1.44% | 55,030 | $10.5M | Add +0.6% |
| CMG Chipotle Mexican Grill Inc. | 1.23% | 279,707 | $9.0M | Reduce -3.7% |
| PAYC Paycom Software Inc. | 1.15% | 68,391 | $8.3M | Reduce -3.9% |
| ETN Eaton Corp. PLC | 1.14% | 23,158 | $8.3M | Add +5.4% |
| LLY Eli Lilly & Co. | 1.13% | 8,951 | $8.2M | Add +25.9% |
| RTX RTX Corp. | 1.08% | 40,798 | $7.9M | Add +1.2% |
| NEE Nextera Energy Inc. | 1.06% | 82,846 | $7.7M | Add +9.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 1.05% | 206,349 | $7.6M | Reduce -31.5% |
| MSFT Microsoft Corp. | 1.05% | 20,595 | $7.6M | Add +11.5% |
| CNI Canadian Natl Railway Co. | 1.03% | 72,646 | $7.5M | Reduce -1.2% |
| META Meta Platforms Inc. Class A | 0.97% | 12,288 | $7.0M | Reduce -0.2% |
| SBUX Starbucks Corp. | 0.93% | 75,229 | $6.8M | Reduce -3.0% |
| CRM Salesforce Inc. | 0.85% | 33,091 | $6.2M | Add +3.6% |
| JNJ Johnson & Johnson | 0.78% | 23,173 | $5.7M | Reduce -1.8% |
| JPM JPMorgan Chase & Co. | 0.63% | 15,584 | $4.6M | Reduce -0.5% |
| MNST Monster Beverage Corp. | 0.58% | 58,547 | $4.2M | Add +7.3% |
| NFLX Netflix Inc. | 0.53% | 40,249 | $3.9M | Add +547.3% |
| HD Home Depot Inc. | 0.49% | 10,926 | $3.6M | Reduce -1.7% |
| PEP Pepsico Inc. | 0.49% | 22,999 | $3.6M | Reduce -28.5% |
| PAYX Paychex Inc. | 0.48% | 38,063 | $3.5M | Reduce -18.0% |
| REGN Regeneron Pharmaceuticals | 0.47% | 4,391 | $3.4M | Add +0.4% |
| MCD McDonald's Corp. | 0.40% | 9,294 | $2.9M | Reduce -0.8% |
| AZN Astrazeneca PLC-Spons ADR | 0.39% | 14,274 | $2.8M | Add +10.0% |
| PG The Procter & Gamble Co. | 0.33% | 16,489 | $2.4M | Reduce -4.5% |
| CL Colgate-Palmolive Co. | 0.31% | 26,489 | $2.3M | Reduce -7.6% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.31% | 1,703 | $2.3M | Add +7.6% |
| WMT Walmart Inc. | 0.27% | 16,072 | $2.0M | Reduce -2.0% |
| ABBV Abbvie Inc. | 0.21% | 7,024 | $1.5M | Reduce -0.7% |
| HON Honeywell International Inc. | 0.21% | 6,721 | $1.5M | Reduce -2.6% |
| ADI Analog Devices Inc. | 0.21% | 4,732 | $1.5M | Add +13.2% |
| CELH Celsius Holdings Inc. | 0.17% | 35,671 | $1.2M | Add +22.1% |
| GNRC Generac Holdings Inc. | 0.15% | 5,568 | $1.1M | Reduce -19.9% |
| AMGN Amgen Inc. | 0.12% | 2,508 | $883K | Add +1.0% |
| SYY Sysco Corp. | 0.12% | 12,014 | $853K | Reduce -11.0% |
| QCOM Qualcomm Inc. | 0.11% | 6,342 | $818K | Add +0.1% |
| AXP American Express Co. | 0.07% | 1,629 | $492K | New |
| ROK Rockwell Automation Inc. | 0.07% | 1,315 | $472K | Add +10.8% |
| HSY The Hershey Co. | 0.06% | 2,128 | $443K | Reduce -13.4% |
| CSCO Cisco Systems Inc. | 0.06% | 5,413 | $422K | No change |
| EMR Emerson Electric Co. | 0.06% | 3,208 | $420K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.05% | 1,125 | $380K | Add +12.5% |
| AFL Aflac Inc. | 0.05% | 3,300 | $363K | No change |
| GEV GE Vernova Inc. | 0.05% | 412 | $360K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.05% | 3,420 | $328K | Reduce -30.8% |
| TSLA Tesla Inc. | 0.04% | 865 | $322K | No change |
| MRSH Marsh & McLennan Cos | 0.04% | 1,800 | $311K | No change |
| NVS Novartis AG-Sponsored ADR | 0.04% | 2,031 | $311K | Reduce -7.8% |
| MDLZ Mondelez International Inc. Class A | 0.04% | 5,347 | $310K | Reduce -37.6% |
| UNH Unitedhealth Group Inc. | 0.04% | 1,113 | $302K | No change |
| KO The Coca-Cola Co. | 0.04% | 3,727 | $283K | Add +0.1% |
| ENB Enbridge Inc. | 0.04% | 5,237 | $283K | No change |
| COF Capital One Financial Corp. | 0.04% | 1,502 | $273K | No change |
| USB US Bancorp | 0.04% | 5,176 | $269K | No change |
| LIN Linde PLC | 0.03% | 511 | $253K | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.03% | 515 | $247K | Reduce -1.0% |
| ADBE Adobe Inc. | 0.03% | 923 | $224K | Reduce -34.8% |
| IBRX Immunitybio Inc. | 0.03% | 23,800 | $190K | Reduce -7.8% |
Portfolio Sells Q4 2025 → Q1 2026
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -31.5% | 1.05% | −0.93 |
| NVDA Nvidia Corp. | Reduce -1.3% | 20.57% | −0.33 |
| PAYC Paycom Software Inc. | Reduce -3.9% | 1.15% | −0.31 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.19 |
| PAYX Paychex Inc. | Reduce -18.0% | 0.48% | −0.19 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 7.66% | −0.16 |
| CMG Chipotle Mexican Grill Inc. | Reduce -3.7% | 1.23% | −0.16 |
| AAPL Apple Inc. | Reduce -1.0% | 8.83% | −0.13 |
| PEP Pepsico Inc. | Reduce -28.5% | 0.49% | −0.11 |
| GOOG Alphabet Inc. Class C | Reduce -1.6% | 2.29% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -0.2% | 0.97% | −0.08 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.03 |
| ADBE Adobe Inc. | Reduce -34.8% | 0.03% | −0.03 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.03 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.03 |
| DIS The Walt Disney Co. | Reduce -30.8% | 0.05% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -0.5% | 0.63% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -37.6% | 0.04% | −0.02 |
| SYY Sysco Corp. | Reduce -11.0% | 0.12% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.0% | 0.03% | +0.00 |
| HD Home Depot Inc. | Reduce -1.7% | 0.49% | +0.00 |
| ABBV Abbvie Inc. | Reduce -0.7% | 0.21% | +0.00 |
| HSY The Hershey Co. | Reduce -13.4% | 0.06% | +0.00 |
| NVS Novartis AG-Sponsored ADR | Reduce -7.8% | 0.04% | +0.00 |
| PG The Procter & Gamble Co. | Reduce -4.5% | 0.33% | +0.01 |
| CL Colgate-Palmolive Co. | Reduce -7.6% | 0.31% | +0.02 |
| IBRX Immunitybio Inc. | Reduce -7.8% | 0.03% | +0.02 |
| GNRC Generac Holdings Inc. | Reduce -19.9% | 0.15% | +0.03 |
| MCD McDonald's Corp. | Reduce -0.8% | 0.40% | +0.03 |
| HON Honeywell International Inc. | Reduce -2.6% | 0.21% | +0.04 |
| WMT Walmart Inc. | Reduce -2.0% | 0.27% | +0.04 |
| LOW Lowe's Cos Inc. | Reduce -1.2% | 2.40% | +0.07 |
| CNI Canadian Natl Railway Co. | Reduce -1.2% | 1.03% | +0.09 |
| SBUX Starbucks Corp. | Reduce -3.0% | 0.93% | +0.09 |
| JNJ Johnson & Johnson | Reduce -1.8% | 0.78% | +0.15 |
| ORLY O'reilly Automotive Inc. | Reduce -0.1% | 2.42% | +0.17 |
| APD Air Products & Chemicals Inc. | Reduce -0.2% | 2.27% | +0.45 |
Portfolio Buys Q4 2025 → Q1 2026
| CASY Casey's General Stores Inc. | Add +13.7% | 2.99% | +1.12 |
| COST Costco Wholesale Corp. | Add +5.7% | 1.98% | +0.46 |
| NFLX Netflix Inc. | Add +547.3% | 0.53% | +0.46 |
| NEE Nextera Energy Inc. | Add +9.6% | 1.06% | +0.28 |
| ETN Eaton Corp. PLC | Add +5.4% | 1.14% | +0.24 |
| ECL Ecolab Inc. | Add +0.6% | 1.91% | +0.15 |
| LLY Eli Lilly & Co. | Add +25.9% | 1.13% | +0.15 |
| RTX RTX Corp. | Add +1.2% | 1.08% | +0.13 |
| NSC Norfolk Southern Corp. | Add +0.5% | 1.94% | +0.12 |
| ASML ASML Holding NV-NY Reg SHS | Add +7.6% | 0.31% | +0.09 |
| AZN Astrazeneca PLC-Spons ADR | Add +10.0% | 0.39% | +0.08 |
| AXP American Express Co. | New | 0.07% | +0.07 |
| ADI Analog Devices Inc. | Add +13.2% | 0.21% | +0.06 |
| GEV GE Vernova Inc. | New | 0.05% | +0.05 |
| SYK Stryker Corp. | Add +1.1% | 3.95% | +0.04 |
| MNST Monster Beverage Corp. | Add +7.3% | 0.58% | +0.04 |
| REGN Regeneron Pharmaceuticals | Add +0.4% | 0.47% | +0.03 |
| AMGN Amgen Inc. | Add +1.0% | 0.12% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +12.5% | 0.05% | +0.01 |
| LIN Linde PLC | Add +0.6% | 0.03% | +0.01 |
| KO The Coca-Cola Co. | Add +0.1% | 0.04% | +0.01 |
| ROK Rockwell Automation Inc. | Add +10.8% | 0.07% | +0.01 |
| PANW Palo Alto Networks Inc. | Add +7.9% | 2.76% | +0.00 |
| CELH Celsius Holdings Inc. | Add +22.1% | 0.17% | −0.00 |
| QCOM Qualcomm Inc. | Add +0.1% | 0.11% | −0.03 |
| AMZN Amazon.com Inc. | Add +2.5% | 2.86% | −0.05 |
| MSFT Microsoft Corp. | Add +11.5% | 1.05% | −0.11 |
| ISRG Intuitive Surgical Inc. | Add +7.6% | 2.17% | −0.15 |
| DHR Danaher Corp. | Add +0.6% | 1.44% | −0.18 |
| CRM Salesforce Inc. | Add +3.6% | 0.85% | −0.24 |
| ADP Automatic Data Processing | Add +1.0% | 1.99% | −0.35 |
| ABT Abbott Laboratories | Add +2.1% | 3.28% | −0.38 |
| V Visa Inc. Class A | Add +0.1% | 4.84% | −0.43 |
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 |