Letson Investment Management, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Letson Investment Management, Inc. reported 93 stock positions worth $253.3 million. Its top holding was Abbvie (ABBV) at 8.1% of the portfolio, followed by Visa Class A (V, 7.6%) and Abbott Laboratories (ABT, 5.8%). Compared with Q1 2025, it opened 7 new positions, sold out of 2, added to 18 and reduced 13. The biggest buy was Intuit (INTU, shares +0%) and the biggest sale Abbvie (ABBV, shares −0%).

Most Recent 13F
Q2 2026
Location
ATLANTA, GA
CIK
0002078069
Portfolio Value
$253.3M (Q2 2025)
SEC Filing
0002078069-25-000007 ↗ filed Aug 14, 2025

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 $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 93 stocks · $253.3M
ABBV Abbvie Inc. 8.14% 111,005 $20.6M Reduce -0.5%
V Visa Inc. Class A 7.58% 54,033 $19.2M Reduce -0.1%
ABT Abbott Laboratories 5.84% 108,731 $14.8M Reduce -0.1%
ACN Accenture PLC Class A 4.92% 41,706 $12.5M Add +1.0%
JNJ Johnson & Johnson 4.75% 78,820 $12.0M Reduce -0.0%
AXP American Express Co. 4.01% 31,835 $10.2M Reduce -0.0%
SYK Stryker Corp. 3.37% 21,558 $8.5M No change
CARR Carrier Global Corp. 3.04% 105,363 $7.7M Add +0.0%
TT Trane Technologies PLC 2.89% 16,732 $7.3M No change
PAYX Paychex Inc. 2.79% 48,489 $7.1M Add +0.0%
INTU Intuit Inc. 2.62% 8,428 $6.6M Add +0.0%
PEP Pepsico Inc. 2.53% 48,594 $6.4M Reduce -0.7%
ADP Automatic Data Processing 2.46% 20,189 $6.2M Add +0.0%
MCD McDonald's Corp. 2.32% 20,133 $5.9M Add +0.0%
EFX Equifax Inc. 2.05% 20,063 $5.2M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.01% 107,520 $5.1M Add +0.0%
UNP Union Pacific Corp. 1.93% 21,214 $4.9M Add +0.1%
CNI Canadian Natl Railway Co. 1.81% 43,976 $4.6M Reduce -0.8%
VTI VG Morningstar TS MKT ETF-US 1.58% 13,125 $4.0M No change
MRK Merck & Co. Inc. 1.53% 49,063 $3.9M Add +0.9%
AMGN Amgen Inc. 1.43% 13,001 $3.6M No change
CB Chubb Ltd. 1.34% 11,716 $3.4M Add +0.8%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.25% 7,159 $3.2M No change
JPM JPMorgan Chase & Co. 1.24% 10,856 $3.1M Add +0.0%
KDP Keurig Dr Pepper Inc. 1.18% 90,511 $3.0M Add +0.0%
PM Philip Morris International 1.15% 16,021 $2.9M No change
OTIS Otis Worldwide Corp. 1.06% 27,164 $2.7M Add +0.1%
ITW Illinois Tool Works 0.98% 10,037 $2.5M Reduce -0.3%
GNRC Generac Holdings Inc. 0.97% 17,179 $2.5M Reduce -0.7%
BDX Becton Dickinson and Co. 0.93% 13,739 $2.4M Reduce -3.2%
NOC Northrop Grumman Corp. 0.92% 4,653 $2.3M No change
COST Costco Wholesale Corp. 0.92% 2,345 $2.3M No change
RTX RTX Corp. 0.91% 15,841 $2.3M Add +0.2%
MKC McCormick & Co.-Non VTG SHRS 0.82% 27,445 $2.1M No change
AVGO Broadcom Inc. 0.81% 7,420 $2.0M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.77% 15,623 $1.9M No change
HD Home Depot Inc. 0.75% 5,182 $1.9M Add +0.0%
CL Colgate-Palmolive Co. 0.72% 19,928 $1.8M No change
AMP Ameriprise Financial Inc. 0.71% 3,381 $1.8M No change
PKG Packaging Corp. of America 0.70% 9,439 $1.8M Add +0.1%
YUM Yum! Brands Inc. 0.61% 10,460 $1.5M No change
CVX Chevron Corp. 0.57% 10,053 $1.4M Reduce -28.1%
NVDA Nvidia Corp. 0.55% 8,871 $1.4M No change
MA Mastercard Inc. Class A 0.55% 2,482 $1.4M No change
NSC Norfolk Southern Corp. 0.55% 5,415 $1.4M Add +0.0%
HON Honeywell International Inc. 0.54% 5,834 $1.4M No change
PGR Progressive Corp. 0.42% 4,000 $1.1M No change
GPC Genuine Parts Co. 0.42% 8,788 $1.1M No change
MSFT Microsoft Corp. 0.37% 1,883 $937K No change
KO The Coca-Cola Co. 0.36% 12,793 $905K No change
SCI Service Corp. International 0.33% 10,229 $833K No change
SRE Sempra 0.31% 10,200 $773K No change
BMY Bristol-Myers Squibb Co. 0.30% 16,493 $763K No change
MDLZ Mondelez International Inc. Class A 0.29% 10,878 $734K No change
FIS Fidelity National Info Serv 0.29% 8,950 $729K No change
VEA Vanguard Ftse Developed ETF 0.29% 12,688 $723K No change
MU Micron Technology Inc. 0.26% 5,300 $653K No change
ICE Intercontinental Exchange Inc. 0.26% 3,539 $649K No change
UBER Uber Technologies Inc. 0.25% 6,665 $622K No change
KTOS Kratos Defense & Security 0.24% 13,170 $612K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.22% 4,489 $554K No change
IONQ Ionq Inc. 0.21% 12,300 $529K New
PTON Peloton Interactive Inc. Class A 0.19% 70,148 $487K No change
PFE Pfizer Inc. 0.19% 20,000 $485K No change
PNC PNC Financial Services Group 0.18% 2,485 $463K No change
LEU Centrus Energy Corp. Class A 0.18% 2,499 $458K New
APD Air Products & Chemicals Inc. 0.16% 1,476 $416K No change
SHW The Sherwin-Williams Co. 0.16% 1,211 $416K No change
COP Conocophillips 0.16% 4,603 $413K No change
GOOG Alphabet Inc. Class C 0.16% 2,293 $407K Add +0.0%
TMO Thermo Fisher Scientific Inc. 0.16% 1,002 $406K No change
AFL Aflac Inc. 0.16% 3,788 $399K No change
RACE Ferrari NV 0.16% 812 $398K No change
PPLT Abrdn Physical Platinum SHRS 0.15% 3,100 $381K No change
LOW Lowe's Cos Inc. 0.15% 1,708 $379K No change
IVV iShares Core S&P 500 ETF 0.14% 583 $362K No change
XOM Exxon Mobil Corp. 0.14% 3,231 $348K No change
QQQ Invesco QQQ Trust Series 1 0.13% 602 $332K No change
ISRG Intuitive Surgical Inc. 0.13% 593 $322K No change
MO Altria Group Inc. 0.13% 5,440 $319K No change
ANET Arista Networks Inc. 0.12% 3,000 $307K No change
TXN Texas Instruments Inc. 0.12% 1,465 $304K No change
ASML ASML Holding NV-NY Reg SHS 0.12% 376 $301K No change
PSX Phillips 66 0.11% 2,429 $290K No change
AAPL Apple Inc. 0.10% 1,232 $253K Reduce -24.1%
MDT Medtronic PLC 0.10% 2,813 $245K New
ORCL Oracle Corp. 0.10% 1,107 $242K New
MMYT Makemytrip Ltd. 0.09% 2,270 $223K No change
TOST Toast Inc. Class A 0.08% 4,770 $211K New
LHX L3HARRIS Technologies Inc. 0.08% 842 $211K Reduce -40.7%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.08% 2,120 $208K No change
RJF Raymond James Financial Inc. 0.08% 1,305 $200K New
MQ Marqeta Inc. 0.08% 34,014 $198K No change

Portfolio Sells Q1 2025 → Q2 2025
ABBV Abbvie Inc. Reduce -0.5% 8.14% −1.29
JNJ Johnson & Johnson Reduce -0.0% 4.75% −0.52
PEP Pepsico Inc. Reduce -0.7% 2.53% −0.42
BDX Becton Dickinson and Co. Reduce -3.2% 0.93% −0.38
CVX Chevron Corp. Reduce -28.1% 0.57% −0.38
S Sentinelone Inc. Class A Sold out 0.00% −0.08
V Visa Inc. Class A Reduce -0.1% 7.58% −0.07
AES AES Corp. Sold out 0.00% −0.05
AAPL Apple Inc. Reduce -24.1% 0.10% −0.05
LHX L3HARRIS Technologies Inc. Reduce -40.7% 0.08% −0.04
ITW Illinois Tool Works Reduce -0.3% 0.98% −0.03
ABT Abbott Laboratories Reduce -0.1% 5.84% +0.02
CNI Canadian Natl Railway Co. Reduce -0.8% 1.81% +0.06
GNRC Generac Holdings Inc. Reduce -0.7% 0.97% +0.09
AXP American Express Co. Reduce -0.0% 4.01% +0.55

Portfolio Buys Q1 2025 → Q2 2025
INTU Intuit Inc. Add +0.0% 2.62% +0.53
CARR Carrier Global Corp. Add +0.0% 3.04% +0.35
KTOS Kratos Defense & Security New 0.24% +0.24
IONQ Ionq Inc. New 0.21% +0.21
BAC Bank of America Corp. Add +0.0% 2.01% +0.20
LEU Centrus Energy Corp. Class A New 0.18% +0.18
JPM JPMorgan Chase & Co. Add +0.0% 1.24% +0.17
MDT Medtronic PLC New 0.10% +0.10
ORCL Oracle Corp. New 0.10% +0.10
TOST Toast Inc. Class A New 0.08% +0.08
RJF Raymond James Financial Inc. New 0.08% +0.08
RTX RTX Corp. Add +0.2% 0.91% +0.07
NSC Norfolk Southern Corp. Add +0.0% 0.55% +0.03
GOOG Alphabet Inc. Class C Add +0.0% 0.16% +0.02
HD Home Depot Inc. Add +0.0% 0.75% −0.02
ADP Automatic Data Processing Add +0.0% 2.46% −0.03
PKG Packaging Corp. of America Add +0.1% 0.70% −0.05
OTIS Otis Worldwide Corp. Add +0.1% 1.06% −0.07
KDP Keurig Dr Pepper Inc. Add +0.0% 1.18% −0.07
CB Chubb Ltd. Add +0.8% 1.34% −0.08
UNP Union Pacific Corp. Add +0.1% 1.93% −0.09
MCD McDonald's Corp. Add +0.0% 2.32% −0.21
MRK Merck & Co. Inc. Add +0.9% 1.53% −0.23
PAYX Paychex Inc. Add +0.0% 2.79% −0.23
ACN Accenture PLC Class A Add +1.0% 4.92% −0.28

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