Letson Investment Management, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed August 14, 2025), Letson Investment Management, Inc. reported 95 stock positions worth $236.4 million. Its top holding was Abbvie (ABBV) at 8.6% of the portfolio, followed by Visa Class A (V, 6.3%) and Accenture Class A (ACN, 6.0%). Compared with Q4 2023, it opened 3 new positions, added to 39 and reduced 10. The biggest buy was Abbvie (ABBV, shares +1%) and the biggest sale Philip Morris International (PM, shares −31%).

Most Recent 13F
Q2 2026
Location
ATLANTA, GA
CIK
0002078069
Portfolio Value
$236.4M (Q1 2024)
SEC Filing
0002078069-25-000002 ↗ filed Aug 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $236.4M $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 Q2 2026

Holdings 95 stocks · $236.4M
ABBV Abbvie Inc. 8.59% 111,508 $20.3M Add +1.5%
V Visa Inc. Class A 6.32% 53,561 $14.9M Add +0.4%
ACN Accenture PLC Class A 6.03% 41,122 $14.3M Add +5.0%
ABT Abbott Laboratories 5.19% 108,028 $12.3M Add +1.8%
PEP Pepsico Inc. 3.64% 49,240 $8.6M Add +2.9%
CNI Canadian Natl Railway Co. 3.23% 58,053 $7.6M Add +5.8%
SYK Stryker Corp. 3.20% 21,128 $7.6M Add +7.9%
JNJ Johnson & Johnson 3.12% 46,597 $7.4M Add +3.5%
AXP American Express Co. 3.07% 31,847 $7.3M Add +0.1%
MRK Merck & Co. Inc. 2.71% 48,579 $6.4M Add +1.5%
CARR Carrier Global Corp. 2.52% 102,554 $6.0M Add +2.8%
PAYX Paychex Inc. 2.51% 48,363 $5.9M Add +4.3%
MCD McDonald's Corp. 2.41% 20,187 $5.7M Add +0.1%
EFX Equifax Inc. 2.27% 20,063 $5.4M No change
INTU Intuit Inc. 2.24% 8,136 $5.3M Reduce -0.6%
TT Trane Technologies PLC 2.13% 16,739 $5.0M Add +0.4%
ADP Automatic Data Processing 2.07% 19,614 $4.9M Add +3.8%
UNP Union Pacific Corp. 2.05% 19,699 $4.8M Add +0.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.71% 106,361 $4.0M Add +1.2%
AMGN Amgen Inc. 1.55% 12,909 $3.7M Add +0.4%
VTI VG Morningstar TS MKT ETF-US 1.51% 13,757 $3.6M No change
BDX Becton Dickinson and Co. 1.49% 14,256 $3.5M No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.20% 7,159 $2.8M No change
ITW Illinois Tool Works 1.07% 9,436 $2.5M Add +1.5%
PKG Packaging Corp. of America 1.02% 12,731 $2.4M Add +0.3%
OTIS Otis Worldwide Corp. 0.99% 23,677 $2.4M Add +2.3%
IJH iShares Core S&P Midcap ETF 0.95% 36,790 $2.2M No change
NOC Northrop Grumman Corp. 0.94% 4,630 $2.2M Reduce -2.1%
JPM JPMorgan Chase & Co. 0.93% 10,954 $2.2M Add +1.8%
MKC McCormick & Co.-Non VTG SHRS 0.92% 28,340 $2.2M No change
VEA Vanguard Ftse Developed ETF 0.91% 43,012 $2.2M Reduce -15.7%
CVX Chevron Corp. 0.90% 13,484 $2.1M Add +0.3%
AVGO Broadcom Inc. 0.88% 1,568 $2.1M No change
GNRC Generac Holdings Inc. 0.87% 16,352 $2.1M Reduce -0.1%
HD Home Depot Inc. 0.83% 5,109 $2.0M Add +3.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.83% 15,963 $2.0M Add +15.7%
CL Colgate-Palmolive Co. 0.76% 19,928 $1.8M Add +2.7%
COST Costco Wholesale Corp. 0.73% 2,356 $1.7M Add +4.8%
PM Philip Morris International 0.63% 16,281 $1.5M Reduce -31.5%
AMP Ameriprise Financial Inc. 0.63% 3,381 $1.5M No change
YUM Yum! Brands Inc. 0.61% 10,460 $1.5M No change
KDP Keurig Dr Pepper Inc. 0.61% 46,844 $1.4M Add +50.1%
NVDA Nvidia Corp. 0.60% 1,580 $1.4M Reduce -41.8%
NSC Norfolk Southern Corp. 0.58% 5,406 $1.4M Add +0.0%
YUMC Yum China Holdings Inc. 0.58% 34,277 $1.4M Reduce -0.7%
RTX RTX Corp. 0.57% 13,824 $1.3M Add +12.1%
HON Honeywell International Inc. 0.51% 5,834 $1.2M No change
CVS CVS Health Corp. 0.51% 14,978 $1.2M Add +5.1%
GPC Genuine Parts Co. 0.49% 7,503 $1.2M Add +3.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.45% 4,295 $1.1M No change
MSFT Microsoft Corp. 0.43% 2,409 $1.0M Add +19.9%
MA Mastercard Inc. Class A 0.41% 2,016 $971K No change
BMY Bristol-Myers Squibb Co. 0.41% 17,851 $968K Reduce -5.5%
MU Micron Technology Inc. 0.40% 8,050 $949K Add +1.3%
MDLZ Mondelez International Inc. Class A 0.36% 12,142 $850K Add +20.4%
PGR Progressive Corp. 0.35% 4,000 $827K No change
KO The Coca-Cola Co. 0.33% 12,793 $783K No change
ASML ASML Holding NV-NY Reg SHS 0.31% 750 $728K No change
SCI Service Corp. International 0.31% 9,758 $724K Add +5.9%
FIS Fidelity National Info Serv 0.28% 8,950 $664K No change
PFE Pfizer Inc. 0.26% 22,112 $614K Reduce -5.3%
TMO Thermo Fisher Scientific Inc. 0.25% 1,002 $582K No change
COP Conocophillips 0.24% 4,515 $575K No change
UBER Uber Technologies Inc. 0.22% 6,665 $513K No change
GOOG Alphabet Inc. Class C 0.21% 3,289 $501K No change
ICE Intercontinental Exchange Inc. 0.21% 3,539 $486K No change
BF.B Brown-Forman Corp. Class B 0.20% 9,050 $467K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.19% 4,489 $455K No change
INTC Intel Corp. 0.19% 9,943 $439K No change
LOW Lowe's Cos Inc. 0.18% 1,708 $435K No change
CB Chubb Ltd. 0.18% 1,645 $426K Add +18.3%
PNC PNC Financial Services Group 0.17% 2,485 $402K No change
QSR Restaurant Brands Intern 0.17% 4,999 $397K No change
PSX Phillips 66 0.17% 2,429 $397K Add +7.6%
XOM Exxon Mobil Corp. 0.16% 3,231 $376K No change
APD Air Products & Chemicals Inc. 0.15% 1,476 $358K No change
RACE Ferrari NV 0.15% 812 $354K No change
PSA Public Storage 0.14% 1,113 $323K No change
SHW The Sherwin-Williams Co. 0.14% 922 $320K Add +12.7%
NVT Nvent Electric PLC 0.14% 4,245 $320K No change
CELH Celsius Holdings Inc. 0.13% 3,745 $311K No change
IVV iShares Core S&P 500 ETF 0.13% 583 $307K No change
HSY The Hershey Co. 0.13% 1,575 $306K No change
AFL Aflac Inc. 0.13% 3,563 $306K No change
QQQ Invesco QQQ Trust Series 1 0.11% 602 $267K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.11% 2,120 $267K No change
PPLT Abrdn Physical Platinum SHRS 0.11% 3,100 $259K No change
TXN Texas Instruments Inc. 0.11% 1,465 $255K No change
AAPL Apple Inc. 0.11% 1,469 $252K Reduce -3.7%
LHX L3HARRIS Technologies Inc. 0.10% 1,151 $245K No change
ALB Albemarle Corp. 0.10% 1,860 $245K No change
MO Altria Group Inc. 0.10% 5,440 $237K No change
ISRG Intuitive Surgical Inc. 0.10% 588 $235K New
ORCL Oracle Corp. 0.10% 1,867 $235K New
MQ Marqeta Inc. 0.09% 34,014 $203K No change

Portfolio Sells Q4 2023 → Q1 2024
PM Philip Morris International Reduce -31.5% 0.63% −0.41
VEA Vanguard Ftse Developed ETF Reduce -15.7% 0.91% −0.22
INTU Intuit Inc. Reduce -0.6% 2.24% −0.14
GNRC Generac Holdings Inc. Reduce -0.1% 0.87% −0.11
YUMC Yum China Holdings Inc. Reduce -0.7% 0.58% −0.10
NOC Northrop Grumman Corp. Reduce -2.1% 0.94% −0.09
PFE Pfizer Inc. Reduce -5.3% 0.26% −0.05
BMY Bristol-Myers Squibb Co. Reduce -5.5% 0.41% −0.04
AAPL Apple Inc. Reduce -3.7% 0.11% −0.03
NVDA Nvidia Corp. Reduce -41.8% 0.60% −0.02

Portfolio Buys Q4 2023 → Q1 2024
ABBV Abbvie Inc. Add +1.5% 8.59% +0.67
SYK Stryker Corp. Add +7.9% 3.20% +0.47
AXP American Express Co. Add +0.1% 3.07% +0.30
MRK Merck & Co. Inc. Add +1.5% 2.71% +0.28
DIS The Walt Disney Co. Add +15.7% 0.83% +0.25
TT Trane Technologies PLC Add +0.4% 2.13% +0.24
BF.B Brown-Forman Corp. Class B New 0.20% +0.20
KDP Keurig Dr Pepper Inc. Add +50.1% 0.61% +0.12
ISRG Intuitive Surgical Inc. New 0.10% +0.10
ORCL Oracle Corp. New 0.10% +0.10
RTX RTX Corp. Add +12.1% 0.57% +0.09
MU Micron Technology Inc. Add +1.3% 0.40% +0.09
MSFT Microsoft Corp. Add +19.9% 0.43% +0.08
JPM JPMorgan Chase & Co. Add +1.8% 0.93% +0.08
BAC Bank of America Corp. Add +1.2% 1.71% +0.06
PKG Packaging Corp. of America Add +0.3% 1.02% +0.06
COST Costco Wholesale Corp. Add +4.8% 0.73% +0.04
CL Colgate-Palmolive Co. Add +2.7% 0.76% +0.04
HD Home Depot Inc. Add +3.7% 0.83% +0.04
CB Chubb Ltd. Add +18.3% 0.18% +0.03
OTIS Otis Worldwide Corp. Add +2.3% 0.99% +0.03
CNI Canadian Natl Railway Co. Add +5.8% 3.23% +0.03
PSX Phillips 66 Add +7.6% 0.17% +0.03
GPC Genuine Parts Co. Add +3.8% 0.49% +0.03
ADP Automatic Data Processing Add +3.8% 2.07% +0.03
MDLZ Mondelez International Inc. Class A Add +20.4% 0.36% +0.02
SHW The Sherwin-Williams Co. Add +12.7% 0.14% +0.02
SCI Service Corp. International Add +5.9% 0.31% +0.01
NSC Norfolk Southern Corp. Add +0.0% 0.58% −0.01
CVS CVS Health Corp. Add +5.1% 0.51% −0.02
CVX Chevron Corp. Add +0.3% 0.90% −0.03
PAYX Paychex Inc. Add +4.3% 2.51% −0.06
ITW Illinois Tool Works Add +1.5% 1.07% −0.06
PEP Pepsico Inc. Add +2.9% 3.64% −0.13
V Visa Inc. Class A Add +0.4% 6.32% −0.14
CARR Carrier Global Corp. Add +2.8% 2.52% −0.14
JNJ Johnson & Johnson Add +3.5% 3.12% −0.16
AMGN Amgen Inc. Add +0.4% 1.55% −0.17
UNP Union Pacific Corp. Add +0.3% 2.05% −0.19
ABT Abbott Laboratories Add +1.8% 5.19% −0.23
ACN Accenture PLC Class A Add +5.0% 6.03% −0.36
MCD McDonald's Corp. Add +0.1% 2.41% −0.37

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