Hamel Associates, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 5, 2024), Hamel Associates, Inc. reported 74 stock positions worth $327.3 million. Its top holding was Apple (AAPL) at 5.6% of the portfolio, followed by Walmart (WMT, 5.3%) and Exxon Mobil (XOM, 3.8%). Compared with Q2 2024, it opened 2 new positions, sold out of 4, added to 20 and reduced 35. The biggest buy was Nike Class B (NKE, shares +1834%) and the biggest sale United Parcel Service Class B (UPS, shares −80%).
- Most Recent 13F
- Q2 2026
- Location
- Center Valley, PA
- CIK
- 0001599760
- Portfolio Value
- $327.3M (Q3 2024)
- SEC Filing
- 0001420506-24-002216 ↗ filed Nov 5, 2024
Holdings Value
Holdings 74 stocks · $327.3M
| AAPL Apple Inc. | 5.64% | 79,210 | $18.5M | Reduce -0.9% |
| WMT Walmart Inc. | 5.28% | 213,838 | $17.3M | Reduce -9.9% |
| XOM Exxon Mobil Corp. | 3.82% | 106,529 | $12.5M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 3.50% | 66,102 | $11.4M | Reduce -0.5% |
| CB Chubb Ltd. | 3.47% | 39,378 | $11.4M | Reduce -1.3% |
| GOOG Alphabet Inc. Class C | 3.33% | 65,232 | $10.9M | Reduce -1.2% |
| JNJ Johnson & Johnson | 3.33% | 67,184 | $10.9M | Reduce -0.2% |
| MSFT Microsoft Corp. | 3.29% | 25,036 | $10.8M | Reduce -4.3% |
| MRK Merck & Co. Inc. | 3.06% | 88,189 | $10.0M | Reduce -0.8% |
| TFLO iShares Treasury Floating Ra | 2.96% | 191,485 | $9.7M | Add +4.2% |
| COP Conocophillips | 2.84% | 88,418 | $9.3M | Reduce -0.6% |
| ITW Illinois Tool Works | 2.43% | 30,320 | $7.9M | Reduce -0.8% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 2.39% | 321,241 | $7.8M | Add +1.7% |
| IBDR iShares Ibonds Dec 2026 Term | 2.36% | 317,327 | $7.7M | Reduce -0.2% |
| IBDQ iShares Ibonds Dec 2025 Term | 2.28% | 297,112 | $7.5M | Reduce -0.7% |
| KO The Coca-Cola Co. | 2.19% | 99,700 | $7.2M | Reduce -11.9% |
| IBDT iShares Ibonds Dec 2028 ETF | 2.19% | 280,135 | $7.2M | Add +2.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 2.16% | 98,500 | $7.1M | Reduce -0.4% |
| CVX Chevron Corp. | 2.13% | 47,396 | $7.0M | Add +2.3% |
| IBDP iShares Ibonds Dec 2024 Term | 2.11% | 273,500 | $6.9M | Reduce -3.7% |
| MCD McDonald's Corp. | 2.06% | 22,181 | $6.8M | Reduce -2.0% |
| UNP Union Pacific Corp. | 2.05% | 27,174 | $6.7M | Reduce -1.0% |
| NKE Nike Inc. Class B | 1.78% | 65,860 | $5.8M | Add +1834.2% |
| JPM JPMorgan Chase & Co. | 1.76% | 27,377 | $5.8M | Reduce -0.5% |
| LMT Lockheed Martin Corp. | 1.74% | 9,745 | $5.7M | Add +0.4% |
| AMGN Amgen Inc. | 1.67% | 16,994 | $5.5M | Reduce -0.6% |
| HON Honeywell International Inc. | 1.67% | 26,438 | $5.5M | Add +7.7% |
| IBDU iShares Ibonds Dec 2029 Term | 1.62% | 225,768 | $5.3M | Add +16.1% |
| HD Home Depot Inc. | 1.40% | 11,330 | $4.6M | Add +0.3% |
| DG Dollar General Corp. | 1.38% | 53,512 | $4.5M | Add +3.1% |
| ED Consolidated Edison Inc. | 1.28% | 40,287 | $4.2M | Reduce -0.1% |
| ABBV Abbvie Inc. | 1.24% | 20,555 | $4.1M | No change |
| GIS General Mills Inc. | 1.23% | 54,400 | $4.0M | New |
| PFE Pfizer Inc. | 1.15% | 130,018 | $3.8M | Add +3.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.09% | 44,105 | $3.6M | Add +0.8% |
| HSY The Hershey Co. | 1.00% | 17,103 | $3.3M | Reduce -0.9% |
| SCHD Schwab US DVD Equity ETF | 0.99% | 38,213 | $3.2M | Reduce -5.5% |
| BF.B Brown-Forman Corp. Class B | 0.98% | 65,260 | $3.2M | Add +18.3% |
| GLD SPDR Gold Shares | 0.97% | 13,105 | $3.2M | Add +1.3% |
| ADP Automatic Data Processing | 0.83% | 9,850 | $2.7M | Reduce -0.9% |
| PNC PNC Financial Services Group | 0.81% | 14,424 | $2.7M | No change |
| SBUX Starbucks Corp. | 0.72% | 24,028 | $2.3M | Add +3.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.70% | 10,340 | $2.3M | Reduce -0.1% |
| DUK Duke Energy Corp. | 0.69% | 19,547 | $2.3M | Reduce -1.4% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.61% | 89,510 | $2.0M | Add +45.0% |
| VZ Verizon Communications Inc. | 0.60% | 43,974 | $2.0M | Reduce -17.8% |
| PEP Pepsico Inc. | 0.59% | 11,408 | $1.9M | No change |
| GOOGL Alphabet Inc. Class A | 0.48% | 9,430 | $1.6M | No change |
| UPS United Parcel Service Class B | 0.48% | 11,420 | $1.6M | Reduce -80.2% |
| ABT Abbott Laboratories | 0.46% | 13,242 | $1.5M | Reduce -9.4% |
| DEO Diageo PLC-Sponsored ADR | 0.36% | 8,440 | $1.2M | No change |
| VMI Valmont Industries | 0.36% | 4,009 | $1.2M | Reduce -83.8% |
| MKC McCormick & Co.-Non VTG SHRS | 0.32% | 12,685 | $1.0M | No change |
| EMR Emerson Electric Co. | 0.31% | 9,362 | $1.0M | Reduce -5.5% |
| NVS Novartis AG-Sponsored ADR | 0.31% | 8,680 | $998K | Add +0.4% |
| META Meta Platforms Inc. Class A | 0.30% | 1,733 | $992K | Reduce -1.0% |
| GRMN Garmin Ltd. | 0.30% | 5,523 | $972K | No change |
| CAT Caterpillar Inc. | 0.30% | 2,478 | $969K | Add +2.8% |
| SCHW Schwab (charles) Corp. | 0.27% | 13,395 | $868K | No change |
| V Visa Inc. Class A | 0.26% | 3,085 | $848K | Reduce -0.2% |
| KMB Kimberly-Clark Corp. | 0.26% | 5,880 | $837K | Reduce -5.4% |
| SCHY Schwab International DVD ETF | 0.24% | 30,000 | $785K | No change |
| AMZN Amazon.com Inc. | 0.23% | 4,095 | $763K | Add +2.3% |
| DE Deere & Co. | 0.23% | 1,810 | $755K | No change |
| MAA Mid-America Apartment Comm | 0.20% | 4,140 | $658K | No change |
| FDX FedEx Corp. | 0.15% | 1,760 | $482K | No change |
| BXP BXP Inc. | 0.13% | 5,400 | $434K | No change |
| MA Mastercard Inc. Class A | 0.13% | 834 | $412K | Reduce -6.2% |
| KRE SS SPDR S&P Regional Bank | 0.13% | 7,250 | $410K | No change |
| SHEL Shell PLC-ADR | 0.12% | 6,050 | $399K | No change |
| TPL Texas Pacific Land Corp. | 0.10% | 375 | $332K | No change |
| TR Tootsie Roll Inds | 0.08% | 8,500 | $263K | No change |
| NVDA Nvidia Corp. | 0.08% | 2,162 | $262K | Add +0.1% |
| RY Royal Bank of Canada | 0.06% | 1,650 | $206K | New |
Portfolio Sells Q2 2024 → Q3 2024
| UPS United Parcel Service Class B | Reduce -80.2% | 0.48% | −2.01 |
| VMI Valmont Industries | Reduce -83.8% | 0.36% | −1.78 |
| GOOG Alphabet Inc. Class C | Reduce -1.2% | 3.33% | −0.48 |
| MRK Merck & Co. Inc. | Reduce -0.8% | 3.06% | −0.41 |
| MSFT Microsoft Corp. | Reduce -4.3% | 3.29% | −0.39 |
| COP Conocophillips | Reduce -0.6% | 2.84% | −0.36 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -3.7% | 2.11% | −0.14 |
| CBU Community Financial System I | Sold out | 0.00% | −0.14 |
| JEPQ JPM Nasdaq Equity Premium | Sold out | 0.00% | −0.11 |
| VZ Verizon Communications Inc. | Reduce -17.8% | 0.60% | −0.09 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.09 |
| KO The Coca-Cola Co. | Reduce -11.9% | 2.19% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -0.5% | 3.82% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.07 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -0.7% | 2.28% | −0.06 |
| EMR Emerson Electric Co. | Reduce -5.5% | 0.31% | −0.03 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -0.2% | 2.36% | −0.03 |
| ABT Abbott Laboratories | Reduce -9.4% | 0.46% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -5.4% | 0.26% | −0.02 |
| AMGN Amgen Inc. | Reduce -0.6% | 1.67% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Reduce -5.5% | 0.99% | −0.00 |
| HSY The Hershey Co. | Reduce -0.9% | 1.00% | +0.00 |
| MA Mastercard Inc. Class A | Reduce -6.2% | 0.13% | +0.00 |
| V Visa Inc. Class A | Reduce -0.2% | 0.26% | +0.00 |
| JPM JPMorgan Chase & Co. | Reduce -0.5% | 1.76% | +0.01 |
| META Meta Platforms Inc. Class A | Reduce -1.0% | 0.30% | +0.03 |
| PG The Procter & Gamble Co. | Reduce -0.5% | 3.50% | +0.04 |
| DUK Duke Energy Corp. | Reduce -1.4% | 0.69% | +0.06 |
| ADP Automatic Data Processing | Reduce -0.9% | 0.83% | +0.09 |
| UNP Union Pacific Corp. | Reduce -1.0% | 2.05% | +0.09 |
| IBM Intl Business Machines Corp. | Reduce -0.1% | 0.70% | +0.13 |
| ED Consolidated Edison Inc. | Reduce -0.1% | 1.28% | +0.14 |
| ITW Illinois Tool Works | Reduce -0.8% | 2.43% | +0.15 |
| WMT Walmart Inc. | Reduce -9.9% | 5.28% | +0.21 |
| JNJ Johnson & Johnson | Reduce -0.2% | 3.33% | +0.23 |
| MCD McDonald's Corp. | Reduce -2.0% | 2.06% | +0.25 |
| CB Chubb Ltd. | Reduce -1.3% | 3.47% | +0.26 |
| BNY Bank of New York Mellon Corp. | Reduce -0.4% | 2.16% | +0.30 |
| AAPL Apple Inc. | Reduce -0.9% | 5.64% | +0.33 |
Portfolio Buys Q2 2024 → Q3 2024
| NKE Nike Inc. Class B | Add +1834.2% | 1.78% | +1.70 |
| GIS General Mills Inc. | New | 1.23% | +1.23 |
| LMT Lockheed Martin Corp. | Add +0.4% | 1.74% | +0.31 |
| IBDU iShares Ibonds Dec 2029 Term | Add +16.1% | 1.62% | +0.23 |
| BF.B Brown-Forman Corp. Class B | Add +18.3% | 0.98% | +0.23 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +45.0% | 0.61% | +0.19 |
| HD Home Depot Inc. | Add +0.3% | 1.40% | +0.18 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +0.8% | 1.09% | +0.15 |
| SBUX Starbucks Corp. | Add +3.9% | 0.72% | +0.15 |
| GLD SPDR Gold Shares | Add +1.3% | 0.97% | +0.10 |
| RY Royal Bank of Canada | New | 0.06% | +0.06 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +2.3% | 2.19% | +0.05 |
| CAT Caterpillar Inc. | Add +2.8% | 0.30% | +0.04 |
| PFE Pfizer Inc. | Add +3.5% | 1.15% | +0.04 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +1.7% | 2.39% | +0.03 |
| TFLO iShares Treasury Floating Ra | Add +4.2% | 2.96% | +0.03 |
| HON Honeywell International Inc. | Add +7.7% | 1.67% | +0.02 |
| NVS Novartis AG-Sponsored ADR | Add +0.4% | 0.31% | +0.01 |
| NVDA Nvidia Corp. | Add +0.1% | 0.08% | −0.00 |
| AMZN Amazon.com Inc. | Add +2.3% | 0.23% | −0.01 |
| CVX Chevron Corp. | Add +2.3% | 2.13% | −0.15 |
| DG Dollar General Corp. | Add +3.1% | 1.38% | −0.78 |
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 |