Letson Investment Management, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 24, 2026), Letson Investment Management, Inc. reported 101 stock positions worth $260.3 million. Its top holding was Abbvie (ABBV) at 9.3% of the portfolio, followed by Johnson & Johnson (JNJ, 7.4%) and Visa Class A (V, 6.3%). Compared with Q4 2025, it opened 3 new positions, sold out of 3, added to 14 and reduced 25. The biggest buy was Merck (MRK, shares +0%) and the biggest sale Accenture Class A (ACN, shares −0%).

Most Recent 13F
Q2 2026
Location
ATLANTA, GA
CIK
0002078069
Portfolio Value
$260.3M (Q1 2026)
SEC Filing
0002078069-26-000002 ↗ filed Apr 24, 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 $260.3M Q1 2026 Q2 2026: $272.5M Q2 2026

Holdings 101 stocks · $260.3M
ABBV Abbvie Inc. 9.30% 111,308 $24.2M Add +0.0%
JNJ Johnson & Johnson 7.42% 78,977 $19.3M Reduce -0.1%
V Visa Inc. Class A 6.27% 54,019 $16.3M Add +0.0%
ABT Abbott Laboratories 4.29% 108,705 $11.2M Reduce -0.0%
L Loews Corp. 4.21% 102,768 $11.0M No change
AXP American Express Co. 3.65% 31,442 $9.5M Reduce -1.3%
ACN Accenture PLC Class A 3.33% 43,690 $8.7M Reduce -0.5%
PEP Pepsico Inc. 2.86% 48,013 $7.5M Reduce -0.2%
SYK Stryker Corp. 2.70% 21,363 $7.0M Reduce -0.7%
MRK Merck & Co. Inc. 2.47% 53,398 $6.4M Add +0.1%
MCD McDonald's Corp. 2.40% 20,087 $6.2M Reduce -0.6%
UNP Union Pacific Corp. 2.09% 22,380 $5.4M Reduce -0.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.03% 108,557 $5.3M Reduce -0.0%
TT Trane Technologies PLC 1.96% 12,249 $5.1M Reduce -3.0%
ADP Automatic Data Processing 1.79% 22,911 $4.7M Add +13.4%
CARR Carrier Global Corp. 1.79% 82,650 $4.7M Reduce -17.1%
AMGN Amgen Inc. 1.76% 13,001 $4.6M No change
CNI Canadian Natl Railway Co. 1.71% 43,317 $4.5M Reduce -0.3%
PAYX Paychex Inc. 1.70% 47,985 $4.4M Reduce -0.3%
INTU Intuit Inc. 1.62% 9,776 $4.2M Add +16.6%
VTI VG Morningstar TS MKT ETF-US 1.62% 13,125 $4.2M No change
CB Chubb Ltd. 1.49% 11,918 $3.9M Add +0.3%
EFX Equifax Inc. 1.39% 20,063 $3.6M No change
FISV Fiserv Inc. 1.35% 62,924 $3.5M Reduce -6.9%
NOC Northrop Grumman Corp. 1.22% 4,654 $3.2M Add +0.0%
JPM JPMorgan Chase & Co. 1.18% 10,480 $3.1M Reduce -2.2%
RTX RTX Corp. 1.15% 15,467 $3.0M Reduce -2.2%
ITW Illinois Tool Works 1.03% 10,281 $2.7M Add +0.3%
PM Philip Morris International 1.02% 16,004 $2.6M Reduce -0.1%
GNRC Generac Holdings Inc. 0.95% 12,666 $2.5M No change
COST Costco Wholesale Corp. 0.92% 2,401 $2.4M Reduce -1.1%
KDP Keurig Dr Pepper Inc. 0.91% 90,156 $2.4M Add +0.0%
BDX Becton Dickinson and Co. 0.82% 13,513 $2.1M Add +0.5%
OTIS Otis Worldwide Corp. 0.80% 27,045 $2.1M Reduce -0.8%
CVX Chevron Corp. 0.80% 10,054 $2.1M Add +0.0%
AVGO Broadcom Inc. 0.78% 6,580 $2.0M Reduce -11.3%
PKG Packaging Corp. of America 0.77% 9,439 $2.0M Reduce -0.1%
MU Micron Technology Inc. 0.69% 5,300 $1.8M No change
CL Colgate-Palmolive Co. 0.63% 19,328 $1.6M Reduce -3.0%
HD Home Depot Inc. 0.63% 4,961 $1.6M Reduce -0.7%
YUM Yum! Brands Inc. 0.62% 10,460 $1.6M No change
NSC Norfolk Southern Corp. 0.60% 5,420 $1.6M Add +0.0%
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.59% 3,300 $1.5M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.58% 15,623 $1.5M No change
AMP Ameriprise Financial Inc. 0.58% 3,381 $1.5M No change
MKC McCormick & Co.-Non VTG SHRS 0.53% 27,445 $1.4M No change
NVDA Nvidia Corp. 0.51% 7,637 $1.3M Reduce -4.4%
HON Honeywell International Inc. 0.51% 5,834 $1.3M No change
MA Mastercard Inc. Class A 0.48% 2,483 $1.2M No change
BMY Bristol-Myers Squibb Co. 0.38% 16,493 $1.0M No change
SRE Sempra 0.38% 10,200 $991K No change
KO The Coca-Cola Co. 0.37% 12,793 $973K No change
KTOS Kratos Defense & Security 0.36% 13,170 $929K No change
NFLX Netflix Inc. 0.35% 9,500 $913K New
GPC Genuine Parts Co. 0.35% 8,634 $913K Reduce -1.8%
SCI Service Corp. International 0.35% 10,997 $907K No change
PGR Progressive Corp. 0.30% 4,000 $793K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.28% 4,489 $717K No change
MSFT Microsoft Corp. 0.27% 1,903 $704K No change
GOOG Alphabet Inc. Class C 0.25% 2,294 $658K No change
COP Conocophillips 0.23% 4,603 $608K No change
MDLZ Mondelez International Inc. Class A 0.23% 10,421 $601K No change
PPLT Abrdn Physical Platinum SHRS 0.21% 3,100 $553K No change
ICE Intercontinental Exchange Inc. 0.21% 3,500 $550K No change
XOM Exxon Mobil Corp. 0.21% 3,231 $548K No change
WAT Waters Corp. 0.21% 1,812 $540K New
PNC PNC Financial Services Group 0.20% 2,485 $517K No change
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.19% 376 $497K No change
IONQ Ionq Inc. 0.19% 17,219 $496K Add +36.5%
TMO Thermo Fisher Scientific Inc. 0.19% 1,002 $493K No change
UBER Uber Technologies Inc. 0.18% 6,665 $479K No change
PSX Phillips 66 0.17% 2,429 $443K No change
CBZ Cbiz Inc. 0.17% 16,020 $430K No change
APD Air Products & Chemicals Inc. 0.16% 1,476 $429K No change
FIS Fidelity National Info Serv 0.16% 8,950 $420K No change
AFL Aflac Inc. 0.16% 3,788 $416K No change
AAPL Apple Inc. 0.16% 1,612 $409K No change
LOW Lowe's Cos Inc. 0.16% 1,708 $404K No change
SHW The Sherwin-Williams Co. 0.15% 1,211 $388K No change
QQQ Invesco QQQ Trust Series 1 0.14% 652 $376K No change
ANET Arista Networks Inc. 0.14% 3,000 $368K No change
MO Altria Group Inc. 0.14% 5,440 $359K No change
XENE Xenon Pharmaceuticals Inc. 0.13% 6,000 $349K No change
ALB Albemarle Corp. 0.13% 1,860 $334K No change
IVV iShares Core S&P 500 ETF 0.13% 505 $330K No change
ONON On Holding AG Class A filed as ON HLDG AG 0.12% 9,500 $323K No change
LHX L3HARRIS Technologies Inc. 0.11% 842 $291K No change
TXN Texas Instruments Inc. 0.11% 1,465 $284K No change
SIRI Sirius XM Holdings Inc. 0.11% 12,010 $277K No change
RACE Ferrari NV 0.11% 812 $275K No change
ISRG Intuitive Surgical Inc. 0.10% 593 $273K No change
NVT Nvent Electric PLC 0.10% 2,122 $251K No change
GOOGL Alphabet Inc. Class A 0.09% 853 $245K No change
MDT Medtronic PLC 0.09% 2,830 $245K Add +0.2%
EA Electronic Arts Inc. 0.09% 1,200 $245K No change
APH Amphenol Corp. Class A 0.09% 1,929 $244K No change
ULTA Ulta Beauty Inc. 0.08% 411 $215K No change
AMZN Amazon.com Inc. 0.08% 1,003 $209K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.08% 2,120 $204K No change
DVY iShares Select Dividend ETF 0.08% 1,350 $204K New

Show all 101 holdings

Portfolio Sells Q4 2025 → Q1 2026
ACN Accenture PLC Class A Reduce -0.5% 3.33% −0.99
ABT Abbott Laboratories Reduce -0.0% 4.29% −0.71
AXP American Express Co. Reduce -1.3% 3.65% −0.67
FISV Fiserv Inc. Reduce -6.9% 1.35% −0.31
PAYX Paychex Inc. Reduce -0.3% 1.70% −0.28
AVGO Broadcom Inc. Reduce -11.3% 0.78% −0.16
BAC Bank of America Corp. Reduce -0.0% 2.03% −0.16
CARR Carrier Global Corp. Reduce -17.1% 1.79% −0.14
JPM JPMorgan Chase & Co. Reduce -2.2% 1.18% −0.08
ORCL Oracle Corp. Sold out 0.00% −0.08
RJF Raymond James Financial Inc. Sold out 0.00% −0.08
XLK SS Technology Select Sector Sold out 0.00% −0.08
SYK Stryker Corp. Reduce -0.7% 2.70% −0.08
OTIS Otis Worldwide Corp. Reduce -0.8% 0.80% −0.07
GPC Genuine Parts Co. Reduce -1.8% 0.35% −0.05
NVDA Nvidia Corp. Reduce -4.4% 0.51% −0.03
HD Home Depot Inc. Reduce -0.7% 0.63% −0.00
PKG Packaging Corp. of America Reduce -0.1% 0.77% +0.06
CL Colgate-Palmolive Co. Reduce -3.0% 0.63% +0.06
PM Philip Morris International Reduce -0.1% 1.02% +0.07
RTX RTX Corp. Reduce -2.2% 1.15% +0.08
MCD McDonald's Corp. Reduce -0.6% 2.40% +0.13
CNI Canadian Natl Railway Co. Reduce -0.3% 1.71% +0.14
COST Costco Wholesale Corp. Reduce -1.1% 0.92% +0.15
TT Trane Technologies PLC Reduce -3.0% 1.96% +0.16
UNP Union Pacific Corp. Reduce -0.2% 2.09% +0.18
PEP Pepsico Inc. Reduce -0.2% 2.86% +0.33
JNJ Johnson & Johnson Reduce -0.1% 7.42% +1.42

Portfolio Buys Q4 2025 → Q1 2026
MRK Merck & Co. Inc. Add +0.1% 2.47% +0.41
NFLX Netflix Inc. New 0.35% +0.35
NOC Northrop Grumman Corp. Add +0.0% 1.22% +0.25
CVX Chevron Corp. Add +0.0% 0.80% +0.24
WAT Waters Corp. New 0.21% +0.21
CB Chubb Ltd. Add +0.3% 1.49% +0.13
ITW Illinois Tool Works Add +0.3% 1.03% +0.10
DVY iShares Select Dividend ETF New 0.08% +0.08
NSC Norfolk Southern Corp. Add +0.0% 0.60% +0.02
MDT Medtronic PLC Add +0.2% 0.09% −0.01
KDP Keurig Dr Pepper Inc. Add +0.0% 0.91% −0.01
IONQ Ionq Inc. Add +36.5% 0.19% −0.02
ABBV Abbvie Inc. Add +0.0% 9.30% −0.02
ADP Automatic Data Processing Add +13.4% 1.79% −0.12
BDX Becton Dickinson and Co. Add +0.5% 0.82% −0.14
INTU Intuit Inc. Add +16.6% 1.62% −0.41
V Visa Inc. Class A Add +0.0% 6.27% −0.67

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