Hamel Associates, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 2, 2024), Hamel Associates, Inc. reported 76 stock positions worth $317.3 million. Its top holding was Apple (AAPL) at 5.3% of the portfolio, followed by Walmart (WMT, 5.1%) and Exxon Mobil (XOM, 3.9%). Compared with Q1 2024, it opened 7 new positions, sold out of 2, added to 27 and reduced 30. The biggest buy was Exxon Mobil (XOM, shares +161%) and the biggest sale an exit from Pioneer Natural Resources (PXD).
- Most Recent 13F
- Q2 2026
- Location
- Center Valley, PA
- CIK
- 0001599760
- Portfolio Value
- $317.3M (Q2 2024)
- SEC Filing
- 0001420506-24-001241 ↗ filed Aug 2, 2024
Holdings Value
Holdings 76 stocks · $317.3M
| AAPL Apple Inc. | 5.31% | 79,967 | $16.8M | Reduce -1.9% |
| WMT Walmart Inc. | 5.06% | 237,323 | $16.1M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 3.88% | 107,010 | $12.3M | Add +160.7% |
| GOOG Alphabet Inc. Class C | 3.82% | 66,030 | $12.1M | Reduce -0.9% |
| MSFT Microsoft Corp. | 3.69% | 26,169 | $11.7M | Reduce -0.7% |
| MRK Merck & Co. Inc. | 3.47% | 88,884 | $11.0M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 3.45% | 66,452 | $11.0M | Reduce -1.6% |
| CB Chubb Ltd. | 3.21% | 39,913 | $10.2M | Add +1.5% |
| COP Conocophillips | 3.21% | 88,943 | $10.2M | Add +0.6% |
| JNJ Johnson & Johnson | 3.10% | 67,318 | $9.8M | Add +0.2% |
| TFLO iShares Treasury Floating Ra | 2.93% | 183,750 | $9.3M | Reduce -30.0% |
| UPS United Parcel Service Class B | 2.49% | 57,740 | $7.9M | Add +1.4% |
| IBDR iShares Ibonds Dec 2026 Term | 2.39% | 318,022 | $7.6M | Add +0.8% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 2.36% | 315,807 | $7.5M | Add +3.3% |
| IBDQ iShares Ibonds Dec 2025 Term | 2.34% | 299,087 | $7.4M | Reduce -0.6% |
| CVX Chevron Corp. | 2.28% | 46,328 | $7.2M | Add +1.6% |
| ITW Illinois Tool Works | 2.28% | 30,556 | $7.2M | Add +3.2% |
| KO The Coca-Cola Co. | 2.27% | 113,191 | $7.2M | Reduce -0.8% |
| IBDP iShares Ibonds Dec 2024 Term | 2.25% | 284,081 | $7.1M | Reduce -4.0% |
| DG Dollar General Corp. | 2.16% | 51,921 | $6.9M | Add +2.8% |
| IBDT iShares Ibonds Dec 2028 ETF | 2.14% | 273,719 | $6.8M | Add +16.5% |
| VMI Valmont Industries | 2.13% | 24,678 | $6.8M | Reduce -1.8% |
| UNP Union Pacific Corp. | 1.96% | 27,444 | $6.2M | Reduce -1.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.87% | 98,860 | $5.9M | Add +3.3% |
| MCD McDonald's Corp. | 1.82% | 22,635 | $5.8M | Add +3.0% |
| JPM JPMorgan Chase & Co. | 1.75% | 27,527 | $5.6M | Add +100.2% |
| AMGN Amgen Inc. | 1.68% | 17,095 | $5.3M | Reduce -0.0% |
| HON Honeywell International Inc. | 1.65% | 24,548 | $5.2M | Reduce -0.7% |
| LMT Lockheed Martin Corp. | 1.43% | 9,707 | $4.5M | Add +3.4% |
| IBDU iShares Ibonds Dec 2029 Term | 1.39% | 194,493 | $4.4M | Add +190.8% |
| HD Home Depot Inc. | 1.23% | 11,294 | $3.9M | Add +1.0% |
| ED Consolidated Edison Inc. | 1.14% | 40,342 | $3.6M | Add +1.4% |
| ABBV Abbvie Inc. | 1.11% | 20,555 | $3.5M | Reduce -15.1% |
| PFE Pfizer Inc. | 1.11% | 125,608 | $3.5M | Add +18.4% |
| HSY The Hershey Co. | 1.00% | 17,263 | $3.2M | Add +15.7% |
| SCHD Schwab US DVD Equity ETF | 0.99% | 40,447 | $3.1M | Add +9.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.94% | 43,755 | $3.0M | No change |
| GLD SPDR Gold Shares | 0.88% | 12,940 | $2.8M | Reduce -2.2% |
| BF.B Brown-Forman Corp. Class B | 0.75% | 55,187 | $2.4M | New |
| ADP Automatic Data Processing | 0.75% | 9,940 | $2.4M | No change |
| PNC PNC Financial Services Group | 0.71% | 14,424 | $2.2M | Reduce -6.5% |
| VZ Verizon Communications Inc. | 0.69% | 53,475 | $2.2M | Add +15.1% |
| DUK Duke Energy Corp. | 0.63% | 19,822 | $2.0M | Add +6.3% |
| PEP Pepsico Inc. | 0.59% | 11,408 | $1.9M | Reduce -5.9% |
| SBUX Starbucks Corp. | 0.57% | 23,131 | $1.8M | Reduce -10.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.56% | 10,350 | $1.8M | No change |
| GOOGL Alphabet Inc. Class A | 0.54% | 9,430 | $1.7M | No change |
| ABT Abbott Laboratories | 0.48% | 14,617 | $1.5M | Reduce -15.1% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.41% | 61,725 | $1.3M | New |
| EMR Emerson Electric Co. | 0.34% | 9,907 | $1.1M | Reduce -6.2% |
| DEO Diageo PLC-Sponsored ADR | 0.34% | 8,440 | $1.1M | Reduce -1.2% |
| SCHW Schwab (charles) Corp. | 0.31% | 13,395 | $987K | No change |
| NVS Novartis AG-Sponsored ADR | 0.29% | 8,645 | $920K | No change |
| MKC McCormick & Co.-Non VTG SHRS | 0.28% | 12,685 | $900K | Reduce -56.9% |
| GRMN Garmin Ltd. | 0.28% | 5,523 | $900K | Add +33.8% |
| META Meta Platforms Inc. Class A | 0.28% | 1,750 | $882K | Reduce -3.3% |
| KMB Kimberly-Clark Corp. | 0.27% | 6,218 | $859K | Reduce -30.1% |
| V Visa Inc. Class A | 0.26% | 3,091 | $811K | Add +1.3% |
| CAT Caterpillar Inc. | 0.25% | 2,410 | $802K | Reduce -2.2% |
| AMZN Amazon.com Inc. | 0.24% | 4,005 | $774K | Reduce -6.9% |
| SCHY Schwab International DVD ETF | 0.22% | 30,000 | $707K | No change |
| DE Deere & Co. | 0.21% | 1,810 | $676K | No change |
| MAA Mid-America Apartment Comm | 0.19% | 4,140 | $590K | New |
| FDX FedEx Corp. | 0.17% | 1,760 | $528K | Reduce -10.2% |
| CBU Community Financial System I | 0.14% | 9,550 | $451K | No change |
| SHEL Shell PLC-ADR | 0.14% | 6,050 | $437K | No change |
| MA Mastercard Inc. Class A | 0.12% | 889 | $392K | Add +5.3% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.11% | 6,460 | $359K | New |
| KRE SS SPDR S&P Regional Bank | 0.11% | 7,250 | $356K | No change |
| BXP BXP Inc. filed as BOSTON PROPERTIES INC | 0.10% | 5,400 | $332K | New |
| FANG Diamondback Energy Inc. | 0.09% | 1,410 | $282K | Add +22.6% |
| TPL Texas Pacific Land Corp. | 0.09% | 375 | $275K | Reduce -44.4% |
| NVDA Nvidia Corp. | 0.08% | 2,160 | $267K | Reduce -11.1% |
| TR Tootsie Roll Inds | 0.08% | 8,500 | $260K | New |
| NKE Nike Inc. Class B | 0.08% | 3,405 | $257K | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.07% | 1,450 | $207K | New |
Portfolio Sells Q1 2024 → Q2 2024
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −2.40 |
| TFLO iShares Treasury Floating Ra | Reduce -30.0% | 2.93% | −1.33 |
| TD Toronto-Dominion Bank | Sold out | 0.00% | −1.04 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -56.9% | 0.28% | −0.44 |
| MRK Merck & Co. Inc. | Reduce -0.9% | 3.47% | −0.33 |
| ABBV Abbvie Inc. | Reduce -15.1% | 1.11% | −0.30 |
| UNP Union Pacific Corp. | Reduce -1.3% | 1.96% | −0.24 |
| SBUX Starbucks Corp. | Reduce -10.1% | 0.57% | −0.19 |
| ABT Abbott Laboratories | Reduce -15.1% | 0.48% | −0.15 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -4.0% | 2.25% | −0.13 |
| KMB Kimberly-Clark Corp. | Reduce -30.1% | 0.27% | −0.10 |
| PNC PNC Financial Services Group | Reduce -6.5% | 0.71% | −0.09 |
| PEP Pepsico Inc. | Reduce -5.9% | 0.59% | −0.09 |
| DEO Diageo PLC-Sponsored ADR | Reduce -1.2% | 0.34% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -1.6% | 3.45% | −0.06 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -0.6% | 2.34% | −0.05 |
| EMR Emerson Electric Co. | Reduce -6.2% | 0.34% | −0.04 |
| TPL Texas Pacific Land Corp. | Reduce -44.4% | 0.09% | −0.04 |
| CAT Caterpillar Inc. | Reduce -2.2% | 0.25% | −0.04 |
| FDX FedEx Corp. | Reduce -10.2% | 0.17% | −0.02 |
| AMZN Amazon.com Inc. | Reduce -6.9% | 0.24% | −0.00 |
| META Meta Platforms Inc. Class A | Reduce -3.3% | 0.28% | −0.00 |
| GLD SPDR Gold Shares | Reduce -2.2% | 0.88% | +0.00 |
| NVDA Nvidia Corp. | Reduce -11.1% | 0.08% | +0.01 |
| HON Honeywell International Inc. | Reduce -0.7% | 1.65% | +0.02 |
| KO The Coca-Cola Co. | Reduce -0.8% | 2.27% | +0.03 |
| AMGN Amgen Inc. | Reduce -0.0% | 1.68% | +0.12 |
| MSFT Microsoft Corp. | Reduce -0.7% | 3.69% | +0.13 |
| VMI Valmont Industries | Reduce -1.8% | 2.13% | +0.29 |
| WMT Walmart Inc. | Reduce -0.7% | 5.06% | +0.45 |
| GOOG Alphabet Inc. Class C | Reduce -0.9% | 3.82% | +0.56 |
| AAPL Apple Inc. | Reduce -1.9% | 5.31% | +0.83 |
Portfolio Buys Q1 2024 → Q2 2024
| XOM Exxon Mobil Corp. | Add +160.7% | 3.88% | +2.35 |
| IBDU iShares Ibonds Dec 2029 Term | Add +190.8% | 1.39% | +0.90 |
| JPM JPMorgan Chase & Co. | Add +100.2% | 1.75% | +0.87 |
| BF.B Brown-Forman Corp. Class B | New | 0.75% | +0.75 |
| IBDV iShares Ibonds Dec 2030 Corp. | New | 0.41% | +0.41 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +16.5% | 2.14% | +0.26 |
| MAA Mid-America Apartment Comm | New | 0.19% | +0.19 |
| PFE Pfizer Inc. | Add +18.4% | 1.11% | +0.16 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.11% | +0.11 |
| BXP BXP Inc. | New | 0.10% | +0.10 |
| BNY Bank of New York Mellon Corp. | Add +3.3% | 1.87% | +0.10 |
| GRMN Garmin Ltd. | Add +33.8% | 0.28% | +0.09 |
| TR Tootsie Roll Inds | New | 0.08% | +0.08 |
| VZ Verizon Communications Inc. | Add +15.1% | 0.69% | +0.07 |
| HSY The Hershey Co. | Add +15.7% | 1.00% | +0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.07% | +0.07 |
| LMT Lockheed Martin Corp. | Add +3.4% | 1.43% | +0.06 |
| DUK Duke Energy Corp. | Add +6.3% | 0.63% | +0.05 |
| SCHD Schwab US DVD Equity ETF | Add +9.2% | 0.99% | +0.03 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +3.3% | 2.36% | +0.03 |
| FANG Diamondback Energy Inc. | Add +22.6% | 0.09% | +0.02 |
| MA Mastercard Inc. Class A | Add +5.3% | 0.12% | −0.01 |
| V Visa Inc. Class A | Add +1.3% | 0.26% | −0.02 |
| ED Consolidated Edison Inc. | Add +1.4% | 1.14% | −0.02 |
| CVX Chevron Corp. | Add +1.6% | 2.28% | −0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Add +0.8% | 2.39% | −0.03 |
| CB Chubb Ltd. | Add +1.5% | 3.21% | −0.06 |
| HD Home Depot Inc. | Add +1.0% | 1.23% | −0.15 |
| MCD McDonald's Corp. | Add +3.0% | 1.82% | −0.17 |
| UPS United Parcel Service Class B | Add +1.4% | 2.49% | −0.23 |
| ITW Illinois Tool Works | Add +3.2% | 2.28% | −0.27 |
| JNJ Johnson & Johnson | Add +0.2% | 3.10% | −0.31 |
| DG Dollar General Corp. | Add +2.8% | 2.16% | −0.36 |
| COP Conocophillips | Add +0.6% | 3.21% | −0.40 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 92 | $362.7M | SCHY, AAPL, JNJ, GOOG, WMT |
| Q1 2026 | 81 | $350.5M | SCHY, WMT, JNJ, AAPL, XOM |
| Q4 2025 | 79 | $331.8M | SCHY, AAPL, WMT, GOOG, JNJ |
| Q3 2025 | 81 | $325.2M | AAPL, SCHY, WMT, GOOG, KO |
| Q2 2025 | 81 | $295.3M | WMT, AAPL, SCHY, MSFT, XOM |
| Q1 2025 | 71 | $294.2M | AAPL, WMT, XOM, CB, JNJ |
| Q4 2024 | 74 | $310.7M | AAPL, WMT, GOOG, XOM, PG |
| Q3 2024 | 74 | $327.3M | AAPL, WMT, XOM, PG, CB |
| Q2 2024 | 76 | $317.3M | AAPL, WMT, XOM, GOOG, MSFT |
| Q1 2024 | 71 | $311.8M | WMT, AAPL, TFLO, MRK, COP |