Hamel Associates, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Hamel Associates, Inc. reported 81 stock positions worth $350.5 million. Its top holding was Schwab International DVD ETF (SCHY) at 7.4% of the portfolio, followed by Walmart (WMT, 5.0%) and Johnson & Johnson (JNJ, 4.6%). Compared with Q4 2025, it opened 6 new positions, sold out of 4, added to 26 and reduced 38. The biggest buy was Schwab International DVD ETF (SCHY, shares +16%) and the biggest sale iShares Treasury Floating Ra (TFLO, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- Center Valley, PA
- CIK
- 0001599760
- Portfolio Value
- $350.5M (Q1 2026)
- SEC Filing
- 0001420506-26-000833 ↗ filed May 7, 2026
Holdings Value
Holdings 81 stocks · $350.5M
| SCHY Schwab International DVD ETF | 7.42% | 820,968 | $26.0M | Add +16.1% |
| WMT Walmart Inc. | 4.97% | 140,227 | $17.4M | Reduce -4.8% |
| JNJ Johnson & Johnson | 4.57% | 65,551 | $16.0M | Reduce -1.2% |
| AAPL Apple Inc. | 4.53% | 62,549 | $15.9M | Reduce -3.3% |
| XOM Exxon Mobil Corp. | 4.21% | 86,879 | $14.7M | Reduce -14.5% |
| GOOG Alphabet Inc. Class C | 4.07% | 49,746 | $14.3M | Reduce -4.0% |
| COP Conocophillips | 3.49% | 92,619 | $12.2M | Reduce -3.8% |
| CB Chubb Ltd. | 3.37% | 36,250 | $11.8M | Reduce -0.8% |
| MRK Merck & Co. Inc. | 3.18% | 92,801 | $11.2M | Reduce -0.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 2.88% | 85,200 | $10.1M | Reduce -5.2% |
| CVX Chevron Corp. | 2.71% | 45,931 | $9.5M | Reduce -1.2% |
| PG The Procter & Gamble Co. | 2.35% | 56,999 | $8.2M | Reduce -1.6% |
| TFLO iShares Treasury Floating Ra | 2.23% | 154,390 | $7.8M | Reduce -34.5% |
| MSFT Microsoft Corp. | 2.23% | 21,082 | $7.8M | Add +1.1% |
| ITW Illinois Tool Works | 2.17% | 29,290 | $7.6M | Reduce -0.5% |
| GLD SPDR Gold Shares | 2.17% | 17,707 | $7.6M | Reduce -0.9% |
| KO The Coca-Cola Co. | 2.11% | 97,506 | $7.4M | Reduce -0.7% |
| AMGN Amgen Inc. | 2.02% | 20,128 | $7.1M | Reduce -0.4% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.90% | 262,868 | $6.7M | Add +8.5% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 1.89% | 272,676 | $6.6M | Add +4.9% |
| MCD McDonald's Corp. | 1.82% | 20,520 | $6.4M | Reduce -3.4% |
| HON Honeywell International Inc. | 1.79% | 27,695 | $6.3M | Add +0.3% |
| NVS Novartis AG-Sponsored ADR | 1.77% | 40,555 | $6.2M | Reduce -0.1% |
| IBDR iShares Ibonds Dec 2026 Term | 1.68% | 242,963 | $5.9M | Add +1.7% |
| ED Consolidated Edison Inc. | 1.67% | 51,867 | $5.9M | Add +1.9% |
| IBDU iShares Ibonds Dec 2029 Term | 1.64% | 246,702 | $5.7M | Add +8.3% |
| LMT Lockheed Martin Corp. | 1.61% | 9,336 | $5.6M | Reduce -0.3% |
| UNP Union Pacific Corp. | 1.54% | 22,212 | $5.4M | Add +0.2% |
| HSY The Hershey Co. | 1.39% | 23,458 | $4.9M | Reduce -0.1% |
| ABBV Abbvie Inc. | 1.31% | 21,140 | $4.6M | Add +2.9% |
| DUK Duke Energy Corp. | 1.20% | 32,085 | $4.2M | Add +20.4% |
| JPM JPMorgan Chase & Co. | 1.19% | 14,174 | $4.2M | Reduce -5.1% |
| IBDV iShares Ibonds Dec 2030 Corp. | 1.17% | 187,388 | $4.1M | Add +15.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.15% | 87,785 | $4.0M | Add +0.8% |
| PNC PNC Financial Services Group | 1.15% | 19,348 | $4.0M | Reduce -1.4% |
| VZ Verizon Communications Inc. | 1.12% | 78,010 | $3.9M | Reduce -0.6% |
| HD Home Depot Inc. | 0.98% | 10,426 | $3.4M | Reduce -0.8% |
| PEP Pepsico Inc. | 0.73% | 16,573 | $2.6M | Add +2.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.69% | 9,920 | $2.4M | Reduce -0.6% |
| ADP Automatic Data Processing | 0.68% | 11,795 | $2.4M | Add +20.8% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.63% | 105,515 | $2.2M | Add +24.2% |
| SCHD Schwab US DVD Equity ETF | 0.58% | 66,646 | $2.0M | Reduce -5.0% |
| GOOGL Alphabet Inc. Class A | 0.56% | 6,799 | $2.0M | Reduce -7.2% |
| O Realty Income Corp. | 0.50% | 28,401 | $1.7M | Add +19.4% |
| V Visa Inc. Class A | 0.49% | 5,649 | $1.7M | New |
| HII Huntington Ingalls Industrie | 0.40% | 3,736 | $1.4M | No change |
| CAT Caterpillar Inc. | 0.36% | 1,791 | $1.3M | Reduce -2.7% |
| GRMN Garmin Ltd. | 0.36% | 5,448 | $1.3M | No change |
| ABT Abbott Laboratories | 0.36% | 12,272 | $1.3M | No change |
| SCHW Schwab (charles) Corp. | 0.35% | 12,944 | $1.2M | Add +1.7% |
| SBUX Starbucks Corp. | 0.32% | 12,600 | $1.1M | Reduce -7.7% |
| MKC McCormick & Co.-Non VTG SHRS | 0.29% | 20,225 | $1.0M | Add +66.8% |
| DG Dollar General Corp. | 0.29% | 8,480 | $1.0M | No change |
| EMR Emerson Electric Co. | 0.27% | 7,287 | $955K | Reduce -9.9% |
| AZN Astrazeneca PLC | 0.26% | 4,611 | $909K | Add +17.4% |
| META Meta Platforms Inc. Class A | 0.23% | 1,397 | $799K | Add +26.2% |
| AMZN Amazon.com Inc. | 0.22% | 3,717 | $774K | Reduce -0.7% |
| KR Kroger Co. | 0.20% | 9,716 | $703K | Add +45.6% |
| TRV The Travelers Cos Inc. | 0.19% | 2,314 | $675K | Add +31.2% |
| FDX FedEx Corp. | 0.19% | 1,870 | $666K | Add +6.3% |
| MAA Mid-America Apartment Comm | 0.19% | 5,390 | $658K | No change |
| SHEL Shell PLC-ADR | 0.16% | 6,050 | $561K | No change |
| IBDX iShares Ibonds Dec 2032 TC | 0.16% | 21,880 | $553K | New |
| VMI Valmont Industries | 0.15% | 1,320 | $527K | No change |
| DEO Diageo PLC-Sponsored ADR | 0.14% | 6,405 | $477K | Reduce -70.5% |
| DE Deere & Co. | 0.12% | 775 | $437K | Reduce -1.3% |
| ETN Eaton Corp. PLC | 0.12% | 1,168 | $418K | New |
| SOLS Solstice Adv Materials Inc. | 0.12% | 5,296 | $403K | Reduce -25.8% |
| CL Colgate-Palmolive Co. | 0.11% | 4,690 | $400K | Add +14.0% |
| MA Mastercard Inc. Class A | 0.11% | 799 | $399K | No change |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.09% | 5,727 | $318K | Add +28.2% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.09% | 6,145 | $316K | New |
| KMI Kinder Morgan Inc. | 0.09% | 8,900 | $298K | No change |
| KMB Kimberly-Clark Corp. | 0.08% | 3,075 | $297K | Reduce -5.1% |
| CSCO Cisco Systems Inc. | 0.08% | 3,723 | $289K | Reduce -1.4% |
| BXP BXP Inc. | 0.08% | 5,400 | $280K | No change |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.07% | 2,375 | $232K | No change |
| FANG Diamondback Energy Inc. | 0.06% | 1,150 | $227K | Reduce -15.1% |
| NVDA Nvidia Corp. | 0.06% | 1,265 | $221K | Reduce -17.9% |
| BMY Bristol-Myers Squibb Co. | 0.06% | 3,622 | $220K | New |
| TPL Texas Pacific Land Corp. | 0.06% | 450 | $214K | New |
Portfolio Sells Q4 2025 → Q1 2026
| TFLO iShares Treasury Floating Ra | Reduce -34.5% | 2.23% | −1.36 |
| GOOG Alphabet Inc. Class C | Reduce -4.0% | 4.07% | −0.83 |
| AAPL Apple Inc. | Reduce -3.3% | 4.53% | −0.78 |
| DEO Diageo PLC-Sponsored ADR | Reduce -70.5% | 0.14% | −0.43 |
| JPM JPMorgan Chase & Co. | Reduce -5.1% | 1.19% | −0.26 |
| BNY Bank of New York Mellon Corp. | Reduce -5.2% | 2.88% | −0.26 |
| IBM Intl Business Machines Corp. | Reduce -0.6% | 0.69% | −0.21 |
| PG The Procter & Gamble Co. | Reduce -1.6% | 2.35% | −0.16 |
| MCD McDonald's Corp. | Reduce -3.4% | 1.82% | −0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -7.2% | 0.56% | −0.13 |
| HD Home Depot Inc. | Reduce -0.8% | 0.98% | −0.11 |
| PNC PNC Financial Services Group | Reduce -1.4% | 1.15% | −0.09 |
| ALEX Alexander & Baldwin Inc. | Sold out | 0.00% | −0.08 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.08 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.08 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.07 |
| CB Chubb Ltd. | Reduce -0.8% | 3.37% | −0.07 |
| EMR Emerson Electric Co. | Reduce -9.9% | 0.27% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -0.7% | 0.22% | −0.04 |
| SBUX Starbucks Corp. | Reduce -7.7% | 0.32% | −0.02 |
| NVDA Nvidia Corp. | Reduce -17.9% | 0.06% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -5.1% | 0.08% | −0.01 |
| ITW Illinois Tool Works | Reduce -0.5% | 2.17% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -1.4% | 0.08% | −0.01 |
| FANG Diamondback Energy Inc. | Reduce -15.1% | 0.06% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Reduce -5.0% | 0.58% | +0.00 |
| SOLS Solstice Adv Materials Inc. | Reduce -25.8% | 0.12% | +0.01 |
| DE Deere & Co. | Reduce -1.3% | 0.12% | +0.01 |
| WMT Walmart Inc. | Reduce -4.8% | 4.97% | +0.02 |
| AMGN Amgen Inc. | Reduce -0.4% | 2.02% | +0.03 |
| GLD SPDR Gold Shares | Reduce -0.9% | 2.17% | +0.04 |
| CAT Caterpillar Inc. | Reduce -2.7% | 0.36% | +0.04 |
| KO The Coca-Cola Co. | Reduce -0.7% | 2.11% | +0.04 |
| NVS Novartis AG-Sponsored ADR | Reduce -0.1% | 1.77% | +0.08 |
| HSY The Hershey Co. | Reduce -0.1% | 1.39% | +0.10 |
| VZ Verizon Communications Inc. | Reduce -0.6% | 1.12% | +0.15 |
| MRK Merck & Co. Inc. | Reduce -0.4% | 3.18% | +0.23 |
| LMT Lockheed Martin Corp. | Reduce -0.3% | 1.61% | +0.24 |
| JNJ Johnson & Johnson | Reduce -1.2% | 4.57% | +0.43 |
| XOM Exxon Mobil Corp. | Reduce -14.5% | 4.21% | +0.52 |
| CVX Chevron Corp. | Reduce -1.2% | 2.71% | +0.57 |
| COP Conocophillips | Reduce -3.8% | 3.49% | +0.77 |
Portfolio Buys Q4 2025 → Q1 2026
| SCHY Schwab International DVD ETF | Add +16.1% | 7.42% | +1.06 |
| V Visa Inc. Class A | New | 0.49% | +0.49 |
| DUK Duke Energy Corp. | Add +20.4% | 1.20% | +0.26 |
| HON Honeywell International Inc. | Add +0.3% | 1.79% | +0.16 |
| IBDX iShares Ibonds Dec 2032 TC | New | 0.16% | +0.16 |
| ED Consolidated Edison Inc. | Add +1.9% | 1.67% | +0.15 |
| ETN Eaton Corp. PLC | New | 0.12% | +0.12 |
| O Realty Income Corp. | Add +19.4% | 0.50% | +0.09 |
| SLB SLB Ltd. | New | 0.09% | +0.09 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +24.2% | 0.63% | +0.09 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +15.0% | 1.17% | +0.09 |
| KR Kroger Co. | Add +45.6% | 0.20% | +0.07 |
| BMY Bristol-Myers Squibb Co. | New | 0.06% | +0.06 |
| TPL Texas Pacific Land Corp. | New | 0.06% | +0.06 |
| MKC McCormick & Co.-Non VTG SHRS | Add +66.8% | 0.29% | +0.04 |
| AZN Astrazeneca PLC | Add +17.4% | 0.26% | +0.04 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +8.5% | 1.90% | +0.04 |
| TRV The Travelers Cos Inc. | Add +31.2% | 0.19% | +0.04 |
| FDX FedEx Corp. | Add +6.3% | 0.19% | +0.04 |
| PEP Pepsico Inc. | Add +2.2% | 0.73% | +0.03 |
| IBDU iShares Ibonds Dec 2029 Term | Add +8.3% | 1.64% | +0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +0.8% | 1.15% | +0.03 |
| CL Colgate-Palmolive Co. | Add +14.0% | 0.11% | +0.02 |
| JEPQ JPM Nasdaq Equity Premium | Add +28.2% | 0.09% | +0.01 |
| META Meta Platforms Inc. Class A | Add +26.2% | 0.23% | +0.01 |
| UNP Union Pacific Corp. | Add +0.2% | 1.54% | −0.01 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +4.9% | 1.89% | −0.02 |
| SCHW Schwab (charles) Corp. | Add +1.7% | 0.35% | −0.04 |
| IBDR iShares Ibonds Dec 2026 Term | Add +1.7% | 1.68% | −0.07 |
| ADP Automatic Data Processing | Add +20.8% | 0.68% | −0.07 |
| ABBV Abbvie Inc. | Add +2.9% | 1.31% | −0.10 |
| MSFT Microsoft Corp. | Add +1.1% | 2.23% | −0.81 |
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 |