Lipe & Dalton

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 14, 2026), Lipe & Dalton reported 94 stock positions worth $215.1 million. Its top holding was Apple (AAPL) at 8.7% of the portfolio, followed by Alphabet Class C (GOOG, 8.1%) and Goldman Sachs (GS, 6.5%). Compared with Q1 2026, it opened 7 new positions, sold out of 5, added to 8 and reduced 43. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +1594%) and the biggest sale Lyondellbasell Indu Class A (LYB, shares −2%).

Most Recent 13F
Q2 2026
Location
SYRACUSE, NY
CIK
0001570396
Portfolio Value
$215.1M (Q2 2026)
SEC Filing
0001570396-26-000006 ↗ filed Jul 14, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $194.0M Q1 2024 Q2 2024: $185.9M Q2 2024 Q3 2024: $198.0M Q3 2024 Q4 2024: $188.5M Q4 2024 Q1 2025: $178.7M Q1 2025 Q2 2025: $185.0M Q2 2025 Q3 2025: $201.8M Q3 2025 Q4 2025: $202.4M Q4 2025 Q1 2026: $191.0M Q1 2026 Q2 2026: $215.1M $215.1M Q2 2026

Holdings 94 stocks · $215.1M
AAPL Apple Inc. 8.67% 64,456 $18.7M Reduce -1.7%
GOOG Alphabet Inc. Class C 8.08% 49,227 $17.4M Reduce -2.9%
GS Goldman Sachs Group Inc. 6.53% 13,887 $14.0M Reduce -3.2%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 3.99% 74,660 $8.6M Reduce -1.4%
INTC Intel Corp. 3.64% 56,094 $7.8M Reduce -38.6%
BN Brookfield Corp. 3.26% 164,830 $7.0M Reduce -2.3%
TEL Te Connectivity PLC 3.08% 32,908 $6.6M Reduce -1.5%
SNA Snap-on Inc. 2.83% 15,130 $6.1M Reduce -1.4%
BA The Boeing Co. 2.73% 27,116 $5.9M Reduce -1.8%
RTX RTX Corp. 2.27% 25,782 $4.9M Reduce -1.6%
AMZN Amazon.com Inc. 2.26% 20,403 $4.9M Reduce -2.9%
BRK.B Berkshire Hathaway Inc. Class B 2.17% 9,315 $4.7M Add +1593.6%
ABBV Abbvie Inc. 2.15% 18,365 $4.6M Reduce -1.3%
HSY The Hershey Co. 2.14% 26,212 $4.6M Reduce -1.7%
DE Deere & Co. 2.14% 7,243 $4.6M Reduce -0.3%
BWA Borgwarner Inc. 2.09% 67,775 $4.5M Reduce -2.5%
EMR Emerson Electric Co. 2.09% 31,375 $4.5M Reduce -2.2%
TMO Thermo Fisher Scientific Inc. 1.99% 8,533 $4.3M Reduce -2.4%
YUM Yum! Brands Inc. 1.92% 25,832 $4.1M Reduce -1.4%
DHR Danaher Corp. 1.89% 21,358 $4.1M Add +4.4%
MS Morgan Stanley 1.86% 19,101 $4.0M Reduce -6.9%
MAS Masco Corp. 1.85% 48,955 $4.0M Reduce -2.1%
ETN Eaton Corp. PLC 1.75% 8,840 $3.8M Reduce -4.2%
BAX Baxter International Inc. 1.65% 165,983 $3.5M Add +6.0%
TRP TC Energy Corp. 1.54% 50,022 $3.3M Reduce -2.3%
OKE Oneok Inc. 1.48% 36,530 $3.2M Reduce -1.5%
AMGN Amgen Inc. 1.25% 7,427 $2.7M Reduce -2.2%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 1.20% 18,755 $2.6M Reduce -2.0%
CVS CVS Health Corp. 1.15% 23,870 $2.5M Reduce -2.0%
HPQ HP Inc. 1.10% 107,477 $2.4M New
MLM Martin Marietta Materials 1.06% 3,963 $2.3M No change
V Visa Inc. Class A 1.03% 6,463 $2.2M Reduce -3.7%
LYB Lyondellbasell Indu Class A 1.01% 41,470 $2.2M Reduce -2.5%
LMT Lockheed Martin Corp. 0.99% 4,180 $2.1M Reduce -3.9%
MSFT Microsoft Corp. 0.98% 5,653 $2.1M Add +1.3%
JNJ Johnson & Johnson 0.96% 8,092 $2.1M Reduce -3.0%
FFIV F5 Inc. 0.89% 4,580 $1.9M Reduce -5.6%
VRTX Vertex Pharmaceuticals Inc. 0.87% 3,761 $1.9M Reduce -5.9%
BAM Brookfield Asset Mgmt-A 0.84% 40,091 $1.8M Reduce -10.5%
META Meta Platforms Inc. Class A 0.67% 2,554 $1.4M Reduce -2.9%
J Jacobs Solutions Inc. 0.60% 10,279 $1.3M No change
MRK Merck & Co. Inc. 0.59% 9,883 $1.3M Reduce -1.4%
WFC Wells Fargo & Co. 0.57% 14,838 $1.2M No change
CI The Cigna Group 0.57% 4,437 $1.2M Reduce -5.8%
ORCL Oracle Corp. 0.51% 7,421 $1.1M No change
CARR Carrier Global Corp. 0.48% 13,962 $1.0M Reduce -2.3%
KLAC KLA Corp. 0.42% 3,000 $905K No change
BKNG Booking Holdings Inc. 0.39% 4,650 $829K Add +37.8%
NVDA Nvidia Corp. 0.37% 3,951 $791K No change
VZ Verizon Communications Inc. 0.33% 16,683 $706K No change
ED Consolidated Edison Inc. 0.32% 6,303 $697K New
UHAL.B U-Haul Holding Co.-Non Voting 0.30% 11,135 $642K Reduce -8.7%
PANW Palo Alto Networks Inc. 0.29% 1,850 $631K Reduce -5.1%
VLTO Veralto Corp. 0.27% 6,428 $570K Reduce -1.3%
CLX Clorox Company 0.26% 5,925 $565K New
KR Kroger Co. 0.26% 10,000 $555K No change
JPM JPMorgan Chase & Co. 0.24% 1,585 $519K No change
BSX Boston Scientific Corp. 0.22% 11,300 $482K New
CSCO Cisco Systems Inc. 0.22% 4,084 $480K Reduce -4.1%
MCD McDonald's Corp. 0.22% 1,743 $471K No change
ZTS Zoetis Inc. 0.20% 5,941 $427K Add +26.5%
IDXX Idexx Laboratories Inc. 0.19% 790 $416K No change
FTV Fortive Corp. 0.17% 5,971 $365K Reduce -2.0%
WHR Whirlpool Corp. 0.14% 7,880 $311K No change
PEP Pepsico Inc. 0.14% 2,245 $304K No change
COF Capital One Financial Corp. 0.13% 1,430 $287K No change
XOM Exxon Mobil Corp. 0.13% 1,983 $271K No change
PG The Procter & Gamble Co. 0.12% 1,750 $257K No change
HD Home Depot Inc. 0.12% 720 $254K No change
SOBO South Bow Corp. 0.11% 9,844 $245K Reduce -2.3%
AMTM Amentum Holdings Inc. 0.11% 10,916 $226K No change
AMD Advanced Micro Devices 0.10% 380 $221K No change
USB US Bancorp 0.09% 3,275 $198K New
MA Mastercard Inc. Class A 0.09% 366 $188K No change
ABT Abbott Laboratories 0.07% 1,580 $143K Add +11.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 1,480 $142K No change
LRCX Lam Research Corp. 0.06% 300 $130K New
GE General Electric filed as GE AEROSPACE 0.06% 333 $124K Add +0.3%
KO The Coca-Cola Co. 0.06% 1,500 $122K No change
PFE Pfizer Inc. 0.06% 4,954 $119K No change
AVGO Broadcom Inc. 0.05% 304 $115K No change
NFLX Netflix Inc. 0.05% 1,400 $100K No change
GOOGL Alphabet Inc. Class A 0.04% 257 $92K No change
GEV GE Vernova Inc. 0.04% 73 $86K New
MO Altria Group Inc. 0.04% 1,125 $81K No change
MDLZ Mondelez International Inc. Class A 0.03% 971 $56K No change
BMY Bristol-Myers Squibb Co. 0.02% 800 $46K No change
DUK Duke Energy Corp. 0.01% 243 $31K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 100 $28K No change
UNP Union Pacific Corp. 0.01% 100 $27K No change
WMT Walmart Inc. 0.01% 224 $25K No change
CAT Caterpillar Inc. 0.01% 19 $20K No change
LLY Eli Lilly & Co. 0.01% 13 $16K No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 0.01% 125 $11K No change

Portfolio Sells Q1 2026 → Q2 2026
LYB Lyondellbasell Indu Class A Reduce -2.5% 1.01% −0.78
HSY The Hershey Co. Reduce -1.7% 2.14% −0.76
TEL Te Connectivity PLC Reduce -1.5% 3.08% −0.57
MDT Medtronic PLC Sold out 0.00% −0.42
LMT Lockheed Martin Corp. Reduce -3.9% 0.99% −0.39
JKHY Jack Henry & Associates Inc. Reduce -2.0% 1.20% −0.38
RTX RTX Corp. Reduce -1.6% 2.27% −0.37
GEHC GE Healthcare Technology Sold out 0.00% −0.35
BN Brookfield Corp. Reduce -2.3% 3.26% −0.31
OKE Oneok Inc. Reduce -1.5% 1.48% −0.28
TMO Thermo Fisher Scientific Inc. Reduce -2.4% 1.99% −0.26
ACN Accenture PLC Class A Sold out 0.00% −0.22
YUM Yum! Brands Inc. Reduce -1.4% 1.92% −0.21
BAM Brookfield Asset Mgmt-A Reduce -10.5% 0.84% −0.21
BA The Boeing Co. Reduce -1.8% 2.73% −0.15
AMGN Amgen Inc. Reduce -2.2% 1.25% −0.15
APA Apa Corp. Sold out 0.00% −0.14
TRP TC Energy Corp. Reduce -2.3% 1.54% −0.14
META Meta Platforms Inc. Class A Reduce -2.9% 0.67% −0.12
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.12
JNJ Johnson & Johnson Reduce -3.0% 0.96% −0.11
EMR Emerson Electric Co. Reduce -2.2% 2.09% −0.11
CI The Cigna Group Reduce -5.8% 0.57% −0.09
SNA Snap-on Inc. Reduce -1.4% 2.83% −0.09
VRTX Vertex Pharmaceuticals Inc. Reduce -5.9% 0.87% −0.07
AAPL Apple Inc. Reduce -1.7% 8.67% −0.04
MRK Merck & Co. Inc. Reduce -1.4% 0.59% −0.04
VLTO Veralto Corp. Reduce -1.3% 0.27% −0.04
V Visa Inc. Class A Reduce -3.7% 1.03% −0.03
AMZN Amazon.com Inc. Reduce -2.9% 2.26% −0.03
SOBO South Bow Corp. Reduce -2.3% 0.11% −0.01
FTV Fortive Corp. Reduce -2.0% 0.17% −0.01
DE Deere & Co. Reduce -0.3% 2.14% −0.01
UHAL.B U-Haul Holding Co.-Non Voting Reduce -8.7% 0.30% +0.01
ETN Eaton Corp. PLC Reduce -4.2% 1.75% +0.02
ABBV Abbvie Inc. Reduce -1.3% 2.15% +0.03
CSCO Cisco Systems Inc. Reduce -4.1% 0.22% +0.05
CARR Carrier Global Corp. Reduce -2.3% 0.48% +0.05
MS Morgan Stanley Reduce -6.9% 1.86% +0.09
BWA Borgwarner Inc. Reduce -2.5% 2.09% +0.12
PANW Palo Alto Networks Inc. Reduce -5.1% 0.29% +0.13
FFIV F5 Inc. Reduce -5.6% 0.89% +0.15
GS Goldman Sachs Group Inc. Reduce -3.2% 6.53% +0.18
CVS CVS Health Corp. Reduce -2.0% 1.15% +0.23
CM Can Imperial BK of Commerce Reduce -1.4% 3.99% +0.23
MAS Masco Corp. Reduce -2.1% 1.85% +0.27
GOOG Alphabet Inc. Class C Reduce -2.9% 8.08% +0.47
INTC Intel Corp. Reduce -38.6% 3.64% +1.53

Portfolio Buys Q1 2026 → Q2 2026
BRK.B Berkshire Hathaway Inc. Class B Add +1593.6% 2.17% +2.03
HPQ HP Inc. New 1.10% +1.10
ED Consolidated Edison Inc. New 0.32% +0.32
BAX Baxter International Inc. Add +6.0% 1.65% +0.27
CLX Clorox Company New 0.26% +0.26
BSX Boston Scientific Corp. New 0.22% +0.22
USB US Bancorp New 0.09% +0.09
BKNG Booking Holdings Inc. Add +37.8% 0.39% +0.09
LRCX Lam Research Corp. New 0.06% +0.06
GEV GE Vernova Inc. New 0.04% +0.04
GE General Electric Add +0.3% 0.06% +0.01
ABT Abbott Laboratories Add +11.3% 0.07% −0.01
ZTS Zoetis Inc. Add +26.5% 0.20% −0.09
MSFT Microsoft Corp. Add +1.3% 0.98% −0.10
DHR Danaher Corp. Add +4.4% 1.89% −0.14

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 94$215.1MAAPL, GOOG, GS, CM, INTC
Q1 2026 92$191.0MAAPL, GOOG, GS, CM, TEL
Q4 2025 95$202.4MAAPL, GOOG, GS, TEL, BN
Q3 2025 93$201.8MAAPL, GOOG, GS, TEL, BN
Q2 2025 90$185.0MAAPL, GS, GOOG, BN, TEL
Q1 2025 89$178.7MAAPL, GOOG, GS, BN, SNA
Q4 2024 94$188.5MAAPL, GOOG, GS, OKE, BN
Q3 2024 102$198.0MAAPL, GOOG, GS, OKE, BN
Q2 2024 98$185.9MAAPL, GOOG, GS, OKE, BA
Q1 2024 106$194.0MAAPL, GOOG, GS, BA, OKE