Letson Investment Management, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 6, 2026), Letson Investment Management, Inc. reported 104 stock positions worth $272.5 million. Its top holding was Abbvie (ABBV) at 10.2% of the portfolio, followed by Johnson & Johnson (JNJ, 7.3%) and Visa Class A (V, 6.8%). Compared with Q1 2026, it opened 6 new positions, sold out of 4, added to 18 and reduced 21. The biggest buy was Carrier Global (CARR, shares +0%) and the biggest sale Accenture Class A (ACN, shares −1%).

Most Recent 13F
Q2 2026
Location
ATLANTA, GA
CIK
0002078069
Portfolio Value
$272.5M (Q2 2026)
SEC Filing
0002078069-26-000003 ↗ filed Aug 6, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $236.4M Q1 2024 Q2 2024: $226.0M Q2 2024 Q3 2024: $254.6M Q3 2024 Q4 2024: $247.4M Q4 2024 Q1 2025: $248.0M Q1 2025 Q2 2025: $253.3M Q2 2025 Q3 2025: $278.7M Q3 2025 Q4 2025: $272.7M Q4 2025 Q1 2026: $260.3M Q1 2026 Q2 2026: $272.5M $272.5M Q2 2026

Holdings 104 stocks · $272.5M
ABBV Abbvie Inc. 10.24% 110,947 $27.9M Reduce -0.3%
JNJ Johnson & Johnson 7.35% 78,837 $20.0M Reduce -0.2%
V Visa Inc. Class A 6.80% 53,983 $18.5M Reduce -0.1%
L Loews Corp. 4.27% 102,899 $11.6M Add +0.1%
AXP American Express Co. 3.88% 31,240 $10.6M Reduce -0.6%
ABT Abbott Laboratories 3.62% 108,640 $9.9M Reduce -0.1%
SYK Stryker Corp. 2.46% 21,263 $6.7M Reduce -0.5%
MRK Merck & Co. Inc. 2.44% 51,824 $6.7M Reduce -3.0%
PEP Pepsico Inc. 2.39% 48,110 $6.5M Add +0.2%
BAC Bank of America Corp. 2.26% 107,967 $6.2M Reduce -0.5%
UNP Union Pacific Corp. 2.24% 22,428 $6.1M Add +0.2%
CARR Carrier Global Corp. 2.22% 82,658 $6.1M Add +0.0%
TT Trane Technologies PLC 2.17% 12,024 $5.9M Reduce -1.8%
MCD McDonald's Corp. 1.99% 20,090 $5.4M Add +0.0%
ACN Accenture PLC Class A 1.98% 43,265 $5.4M Reduce -1.0%
CNI Canadian Natl Railway Co. 1.89% 43,265 $5.2M Reduce -0.1%
ADP Automatic Data Processing 1.88% 22,916 $5.1M Add +0.0%
VTI VG Morningstar TS MKT ETF-US 1.78% 13,125 $4.9M No change
PAYX Paychex Inc. 1.77% 49,010 $4.8M Add +2.1%
AMGN Amgen Inc. 1.73% 13,001 $4.7M No change
MU Micron Technology Inc. 1.69% 4,000 $4.6M Reduce -24.5%
CB Chubb Ltd. 1.49% 11,954 $4.1M Add +0.3%
GNRC Generac Holdings Inc. 1.36% 12,666 $3.7M No change
JPM JPMorgan Chase & Co. 1.24% 10,311 $3.4M Reduce -1.6%
FISV Fiserv Inc. 1.19% 65,996 $3.2M Add +4.9%
EFX Equifax Inc. 1.17% 20,063 $3.2M No change
RTX RTX Corp. 1.08% 15,471 $2.9M Add +0.0%
PM Philip Morris International 1.06% 16,004 $2.9M No change
ITW Illinois Tool Works 1.02% 10,316 $2.8M Add +0.3%
AVGO Broadcom Inc. 0.91% 6,580 $2.5M No change
KDP Keurig Dr Pepper Inc. 0.90% 75,065 $2.5M Reduce -16.7%
NOC Northrop Grumman Corp. 0.86% 4,620 $2.4M Reduce -0.7%
INTU Intuit Inc. 0.86% 9,011 $2.4M Reduce -7.8%
PKG Packaging Corp. of America 0.83% 9,444 $2.3M Add +0.1%
COST Costco Wholesale Corp. 0.82% 2,397 $2.2M Reduce -0.2%
BDX Becton Dickinson and Co. 0.75% 13,582 $2.1M Add +0.5%
OTIS Otis Worldwide Corp. 0.71% 27,052 $1.9M Add +0.0%
CL Colgate-Palmolive Co. 0.65% 19,328 $1.8M No change
HD Home Depot Inc. 0.64% 4,961 $1.7M No change
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.63% 3,300 $1.7M No change
NSC Norfolk Southern Corp. 0.63% 5,421 $1.7M Add +0.0%
YUM Yum! Brands Inc. 0.61% 10,460 $1.7M No change
CVX Chevron Corp. 0.61% 10,009 $1.7M Reduce -0.5%
AMP Ameriprise Financial Inc. 0.57% 3,381 $1.6M No change
NVDA Nvidia Corp. 0.56% 7,637 $1.5M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.55% 15,553 $1.5M Reduce -0.5%
MKC McCormick & Co.-Non VTG SHRS 0.51% 27,445 $1.4M No change
MA Mastercard Inc. Class A 0.47% 2,512 $1.3M Add +1.2%
KO The Coca-Cola Co. 0.38% 12,793 $1.0M No change
GPC Genuine Parts Co. 0.37% 8,634 $1.0M No change
BMY Bristol-Myers Squibb Co. 0.35% 16,493 $950K No change
SRE Sempra 0.35% 10,200 $946K No change
IONQ Ionq Inc. 0.34% 17,219 $917K No change
PGR Progressive Corp. 0.32% 4,000 $874K No change
NOW ServiceNow Inc. 0.32% 8,750 $869K New
SCI Service Corp. International 0.31% 10,997 $835K No change
GOOG Alphabet Inc. Class C 0.30% 2,295 $811K Add +0.0%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.27% 376 $748K No change
MSFT Microsoft Corp. 0.26% 1,903 $710K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.25% 4,489 $680K No change
NFLX Netflix Inc. 0.25% 9,500 $678K No change
HON Honeywell International Inc. 0.25% 2,917 $677K No change
WAT Waters Corp. 0.25% 1,789 $671K Reduce -1.3%
KTOS Kratos Defense & Security 0.24% 13,170 $657K No change
HONA Honeywell Aerospace Inc. 0.24% 2,917 $645K No change
PNC PNC Financial Services Group 0.22% 2,485 $612K No change
MDLZ Mondelez International Inc. Class A 0.22% 10,421 $603K No change
CBZ Cbiz Inc. 0.19% 16,020 $514K No change
ANET Arista Networks Inc. 0.19% 3,000 $510K No change
TMO Thermo Fisher Scientific Inc. 0.18% 1,002 $502K No change
UBER Uber Technologies Inc. 0.18% 6,665 $481K No change
QQQ Invesco QQQ Trust Series 1 0.18% 652 $480K No change
COP Conocophillips 0.18% 4,603 $479K No change
AAPL Apple Inc. 0.17% 1,612 $466K No change
AFL Aflac Inc. 0.16% 3,788 $444K No change
XOM Exxon Mobil Corp. 0.16% 3,231 $442K No change
PPLT Abrdn Physical Platinum SHRS 0.16% 31,000 $438K No change
TXN Texas Instruments Inc. 0.16% 1,465 $437K No change
APD Air Products & Chemicals Inc. 0.16% 1,476 $433K No change
ICE Intercontinental Exchange Inc. 0.16% 3,500 $431K No change
SHW The Sherwin-Williams Co. 0.15% 1,211 $417K No change
PSX Phillips 66 0.15% 2,429 $411K No change
MO Altria Group Inc. 0.14% 5,440 $391K No change
LOW Lowe's Cos Inc. 0.14% 1,708 $377K No change
XENE Xenon Pharmaceuticals Inc. 0.13% 6,000 $362K No change
NVT Nvent Electric PLC 0.13% 2,122 $360K No change
SIRI Sirius XM Holdings Inc. 0.13% 12,010 $355K No change
FIS Fidelity National Info Serv 0.13% 8,950 $348K No change
IVV iShares Core S&P 500 ETF 0.13% 462 $346K Reduce -8.5%
APH Amphenol Corp. Class A 0.12% 1,929 $340K No change
GOOGL Alphabet Inc. Class A 0.11% 853 $305K No change
XLK SS Technology Select Sector 0.10% 1,448 $276K New
ALB Albemarle Corp. 0.09% 1,860 $251K No change
EA Electronic Arts Inc. 0.09% 1,200 $246K No change
LHX L3HARRIS Technologies Inc. 0.09% 842 $245K No change
AMZN Amazon.com Inc. 0.09% 1,003 $239K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.09% 2,120 $239K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.08% 2,008 $228K New
BATRA Atlanta Braves Holdings in-A 0.08% 4,000 $225K New
MDT Medtronic PLC 0.08% 2,836 $222K Add +0.2%

Show all 104 holdings

Portfolio Sells Q1 2026 → Q2 2026
ACN Accenture PLC Class A Reduce -1.0% 1.98% −1.35
INTU Intuit Inc. Reduce -7.8% 0.86% −0.76
ABT Abbott Laboratories Reduce -0.1% 3.62% −0.67
NOC Northrop Grumman Corp. Reduce -0.7% 0.86% −0.36
SYK Stryker Corp. Reduce -0.5% 2.46% −0.24
CVX Chevron Corp. Reduce -0.5% 0.61% −0.19
ONON On Holding AG Class A Sold out 0.00% −0.12
RACE Ferrari NV Sold out 0.00% −0.11
ISRG Intuitive Surgical Inc. Sold out 0.00% −0.10
COST Costco Wholesale Corp. Reduce -0.2% 0.82% −0.10
ULTA Ulta Beauty Inc. Sold out 0.00% −0.08
JNJ Johnson & Johnson Reduce -0.2% 7.35% −0.07
DIS The Walt Disney Co. Reduce -0.5% 0.55% −0.03
MRK Merck & Co. Inc. Reduce -3.0% 2.44% −0.02
KDP Keurig Dr Pepper Inc. Reduce -16.7% 0.90% −0.01
IVV iShares Core S&P 500 ETF Reduce -8.5% 0.13% +0.00
WAT Waters Corp. Reduce -1.3% 0.25% +0.04
JPM JPMorgan Chase & Co. Reduce -1.6% 1.24% +0.05
CNI Canadian Natl Railway Co. Reduce -0.1% 1.89% +0.18
TT Trane Technologies PLC Reduce -1.8% 2.17% +0.21
AXP American Express Co. Reduce -0.6% 3.88% +0.22
BAC Bank of America Corp. Reduce -0.5% 2.26% +0.22
V Visa Inc. Class A Reduce -0.1% 6.80% +0.52
ABBV Abbvie Inc. Reduce -0.3% 10.24% +0.94
MU Micron Technology Inc. Reduce -24.5% 1.69% +1.01

Portfolio Buys Q1 2026 → Q2 2026
CARR Carrier Global Corp. Add +0.0% 2.22% +0.44
NOW ServiceNow Inc. New 0.32% +0.32
UNP Union Pacific Corp. Add +0.2% 2.24% +0.15
XLK SS Technology Select Sector New 0.10% +0.10
ADP Automatic Data Processing Add +0.0% 1.88% +0.09
TROW T Rowe Price Group Inc. New 0.08% +0.08
BATRA Atlanta Braves Holdings in-A New 0.08% +0.08
FV First Trust DW Focus 5 Fund New 0.08% +0.08
SPY SS SPDR S&P 500 ETF Trust-US New 0.07% +0.07
PAYX Paychex Inc. Add +2.1% 1.77% +0.07
L Loews Corp. Add +0.1% 4.27% +0.06
PKG Packaging Corp. of America Add +0.1% 0.83% +0.06
GOOG Alphabet Inc. Class C Add +0.0% 0.30% +0.04
NSC Norfolk Southern Corp. Add +0.0% 0.63% +0.03
CB Chubb Ltd. Add +0.3% 1.49% +0.00
MA Mastercard Inc. Class A Add +1.2% 0.47% −0.00
ITW Illinois Tool Works Add +0.3% 1.02% −0.00
MDT Medtronic PLC Add +0.2% 0.08% −0.01
BDX Becton Dickinson and Co. Add +0.5% 0.75% −0.06
RTX RTX Corp. Add +0.0% 1.08% −0.07
OTIS Otis Worldwide Corp. Add +0.0% 0.71% −0.09
FISV Fiserv Inc. Add +4.9% 1.19% −0.16
MCD McDonald's Corp. Add +0.0% 1.99% −0.41
PEP Pepsico Inc. Add +0.2% 2.39% −0.47

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 104$272.5MABBV, JNJ, V, L, AXP
Q1 2026 101$260.3MABBV, JNJ, V, ABT, L
Q4 2025 101$272.7MABBV, V, JNJ, ABT, AXP
Q3 2025 99$278.7MABBV, V, JNJ, ABT, ACN
Q2 2025 93$253.3MABBV, V, ABT, ACN, JNJ
Q1 2025 88$248.0MABBV, V, ABT, JNJ, ACN
Q4 2024 91$247.4MABBV, V, ACN, ABT, JNJ
Q3 2024 91$254.6MABBV, V, ACN, JNJ, ABT
Q2 2024 88$226.0MABBV, V, ACN, ABT, PEP
Q1 2024 95$236.4MABBV, V, ACN, ABT, PEP