Lipe & Dalton

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 2, 2024), Lipe & Dalton reported 98 stock positions worth $185.9 million. Its top holding was Apple (AAPL) at 8.8% of the portfolio, followed by Alphabet Class C (GOOG, 6.0%) and Goldman Sachs (GS, 4.2%). Compared with Q1 2024, it opened 1 new position, sold out of 9, added to 19 and reduced 52. The biggest buy was a new position in Mosaic (MOS) and the biggest sale an exit from Leidos (LDOS).

Most Recent 13F
Q2 2026
Location
SYRACUSE, NY
CIK
0001570396
Portfolio Value
$185.9M (Q2 2024)
SEC Filing
0001570396-24-000003 ↗ filed Aug 2, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $194.0M Q1 2024 Q2 2024: $185.9M $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 Q2 2026

Holdings 98 stocks · $185.9M
AAPL Apple Inc. 8.81% 77,774 $16.4M Reduce -3.9%
GOOG Alphabet Inc. Class C 6.02% 61,025 $11.2M Reduce -3.6%
GS Goldman Sachs Group Inc. 4.19% 17,228 $7.8M Reduce -3.0%
OKE Oneok Inc. 3.29% 75,112 $6.1M Reduce -3.8%
BA The Boeing Co. 3.11% 31,781 $5.8M Reduce -6.4%
TEL Te Connectivity Ltd. 3.07% 37,948 $5.7M Reduce -1.2%
DHR Danaher Corp. 2.91% 21,649 $5.4M Reduce -3.2%
BN Brookfield Corp. 2.85% 127,664 $5.3M Reduce -3.1%
KHC The Kraft Heinz Co. 2.70% 155,909 $5.0M Reduce -0.6%
ROK Rockwell Automation Inc. 2.60% 17,563 $4.8M Reduce -3.0%
EMR Emerson Electric Co. 2.56% 43,130 $4.8M Reduce -2.1%
ABBV Abbvie Inc. 2.36% 25,585 $4.4M Reduce -3.1%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO 2.23% 87,320 $4.2M Reduce -3.7%
YUM Yum! Brands Inc. 2.11% 29,587 $3.9M Reduce -4.5%
ETN Eaton Corp. PLC 2.01% 11,912 $3.7M Reduce -1.0%
LYB Lyondellbasell Indu Class A 1.98% 38,470 $3.7M Reduce -2.9%
MOS The Mosaic Co. 1.92% 123,585 $3.6M New
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 1.76% 19,740 $3.3M Reduce -3.3%
MSFT Microsoft Corp. 1.67% 6,933 $3.1M Reduce -0.7%
INTC Intel Corp. 1.60% 95,954 $3.0M Reduce -3.3%
DE Deere & Co. 1.58% 7,874 $2.9M Reduce -5.6%
BALL Ball Corp. 1.55% 47,898 $2.9M Reduce -5.2%
RTX RTX Corp. 1.53% 28,334 $2.8M Reduce -5.5%
AMGN Amgen Inc. 1.51% 9,016 $2.8M Reduce -3.6%
MS Morgan Stanley 1.41% 27,020 $2.6M Reduce -0.7%
BWA Borgwarner Inc. 1.40% 80,735 $2.6M Add +14.1%
MLM Martin Marietta Materials 1.29% 4,415 $2.4M Reduce -7.0%
BMY Bristol-Myers Squibb Co. 1.28% 57,151 $2.4M Reduce -2.6%
VRTX Vertex Pharmaceuticals Inc. 1.27% 5,041 $2.4M Reduce -1.8%
V Visa Inc. Class A 1.25% 8,862 $2.3M Reduce -1.6%
QCOM Qualcomm Inc. 1.21% 11,257 $2.2M No change
VGR Vector Group Ltd. 1.20% 211,880 $2.2M Reduce -4.5%
LMT Lockheed Martin Corp. 1.16% 4,630 $2.2M Reduce -4.6%
AMZN Amazon.com Inc. 1.11% 10,723 $2.1M Add +0.7%
TRP TC Energy Corp. 1.10% 54,077 $2.0M Add +22.6%
CI The Cigna Group 1.07% 6,030 $2.0M Reduce -0.5%
BAM Brookfield Asset Mgmt-A 1.02% 49,844 $1.9M Reduce -1.5%
CVS CVS Health Corp. 0.86% 26,950 $1.6M Reduce -4.7%
J Jacobs Solutions Inc. 0.85% 11,374 $1.6M Reduce -8.0%
MRK Merck & Co. Inc. 0.79% 11,929 $1.5M Add +0.0%
ZTS Zoetis Inc. 0.79% 8,452 $1.5M Add +52.5%
META Meta Platforms Inc. Class A 0.76% 2,820 $1.4M Add +8.7%
STZ Constellation Brands Inc. Class A 0.73% 5,283 $1.4M Reduce -2.3%
CARR Carrier Global Corp. 0.65% 19,106 $1.2M Reduce -0.4%
ORCL Oracle Corp. 0.64% 8,441 $1.2M Reduce -7.0%
JNJ Johnson & Johnson 0.64% 8,143 $1.2M Add +3.8%
COO The Cooper Cos Inc. 0.63% 13,489 $1.2M Add +0.4%
MRNA Moderna Inc. 0.63% 9,842 $1.2M Reduce -6.2%
NVDA Nvidia Corp. 0.61% 9,170 $1.1M Add +1.9%
KVUE Kenvue Inc. 0.60% 61,053 $1.1M Add +56.8%
MDT Medtronic PLC 0.58% 13,770 $1.1M Add +5.4%
HSY The Hershey Co. 0.55% 5,592 $1.0M Add +0.0%
ICE Intercontinental Exchange Inc. 0.54% 7,366 $1.0M Add +20.1%
WFC Wells Fargo & Co. 0.53% 16,468 $978K Add +1.0%
LSXMA Liberty Media Corp. Class A New 0.52% 43,350 $960K Reduce -0.2%
GEHC GE Healthcare Technology 0.48% 11,405 $889K Add +0.4%
VZ Verizon Communications Inc. 0.38% 17,083 $704K No change
VLTO Veralto Corp. 0.37% 7,188 $686K Reduce -3.2%
APA Apa Corp. 0.35% 22,310 $657K Reduce -10.9%
DENN Denny's Corp. 0.33% 85,756 $609K Reduce -7.6%
FTV Fortive Corp. 0.27% 6,790 $503K Reduce -4.3%
KR Kroger Co. 0.27% 10,000 $499K No change
MCD McDonald's Corp. 0.25% 1,843 $470K No change
BAX Baxter International Inc. 0.23% 12,780 $427K Reduce -3.0%
PEP Pepsico Inc. 0.22% 2,515 $415K Reduce -5.7%
MA Mastercard Inc. Class A 0.22% 917 $405K Add +1.9%
EXAS Exact Sciences Corp. 0.20% 9,020 $381K Add +24.1%
PG The Procter & Gamble Co. 0.20% 2,214 $365K No change
JPM JPMorgan Chase & Co. 0.20% 1,800 $364K No change
PANW Palo Alto Networks Inc. 0.18% 1,000 $339K No change
HD Home Depot Inc. 0.18% 970 $334K No change
XOM Exxon Mobil Corp. 0.15% 2,483 $286K Add +52.3%
REGN Regeneron Pharmaceuticals 0.15% 269 $283K No change
SWK Stanley Black & Decker Inc. 0.15% 3,382 $270K Reduce -8.1%
KLAC KLA Corp. 0.13% 300 $247K No change
BRK.B Berkshire Hathaway Inc. Class B 0.13% 605 $246K No change
CSCO Cisco Systems Inc. 0.12% 4,759 $226K No change
ADBE Adobe Inc. 0.12% 400 $222K No change
ABT Abbott Laboratories 0.11% 1,980 $206K Reduce -1.7%
CBU Community Financial System I 0.11% 4,309 $203K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.10% 1,841 $183K Reduce -27.6%
GOOGL Alphabet Inc. Class A 0.10% 978 $178K Reduce -6.0%
AVGO Broadcom Inc. 0.09% 105 $169K No change
LOW Lowe's Cos Inc. 0.07% 600 $132K No change
MBLY Mobileye Global Inc. Class A 0.07% 4,600 $129K Add +7.0%
NFLX Netflix Inc. 0.07% 190 $128K No change
MDLZ Mondelez International Inc. Class A 0.07% 1,871 $122K Reduce -4.3%
KO The Coca-Cola Co. 0.06% 1,800 $115K No change
WGO Winnebago Industries 0.06% 2,000 $108K No change
AMD Advanced Micro Devices 0.04% 470 $76K No change
ACN Accenture PLC Class A 0.04% 230 $70K No change
PFE Pfizer Inc. 0.03% 2,259 $63K Reduce -18.1%
LLY Eli Lilly & Co. 0.03% 56 $51K No change
WMT Walmart Inc. 0.02% 660 $45K No change
DUK Duke Energy Corp. 0.02% 343 $34K No change
CVX Chevron Corp. 0.01% 150 $23K Reduce -23.9%
UNP Union Pacific Corp. 0.01% 75 $17K No change
VCSY Vertical Computer Systems 0.00% 20,000 $0 No change

Portfolio Sells Q1 2024 → Q2 2024
LDOS Leidos Holdings Inc. Sold out 0.00% −3.22
INTC Intel Corp. Reduce -3.3% 1.60% −0.66
BMY Bristol-Myers Squibb Co. Reduce -2.6% 1.28% −0.36
CVS CVS Health Corp. Reduce -4.7% 0.86% −0.31
KHC The Kraft Heinz Co. Reduce -0.6% 2.70% −0.28
BA The Boeing Co. Reduce -6.4% 3.11% −0.27
MLM Martin Marietta Materials Reduce -7.0% 1.29% −0.22
BALL Ball Corp. Reduce -5.2% 1.55% −0.21
BCE Bce Inc. Sold out 0.00% −0.18
DE Deere & Co. Reduce -5.6% 1.58% −0.18
LSXMA Liberty Media Corp. Class A New Reduce -0.2% 0.52% −0.15
CM Can Imperial BK of Commerce Reduce -3.7% 2.23% −0.14
J Jacobs Solutions Inc. Reduce -8.0% 0.85% −0.12
ABBV Abbvie Inc. Reduce -3.1% 2.36% −0.12
ROK Rockwell Automation Inc. Reduce -3.0% 2.60% −0.12
LYB Lyondellbasell Indu Class A Reduce -2.9% 1.98% −0.11
YUM Yum! Brands Inc. Reduce -4.5% 2.11% −0.11
DENN Denny's Corp. Reduce -7.6% 0.33% −0.10
APA Apa Corp. Reduce -10.9% 0.35% −0.09
BAM Brookfield Asset Mgmt-A Reduce -1.5% 1.02% −0.08
JKHY Jack Henry & Associates Inc. Reduce -3.3% 1.76% −0.07
CI The Cigna Group Reduce -0.5% 1.07% −0.06
DIS The Walt Disney Co. Reduce -27.6% 0.10% −0.06
BAX Baxter International Inc. Reduce -3.0% 0.23% −0.06
COP Conocophillips Sold out 0.00% −0.06
VGR Vector Group Ltd. Reduce -4.5% 1.20% −0.05
PSX Phillips 66 Sold out 0.00% −0.04
V Visa Inc. Class A Reduce -1.6% 1.25% −0.04
FTV Fortive Corp. Reduce -4.3% 0.27% −0.04
SWK Stanley Black & Decker Inc. Reduce -8.1% 0.15% −0.04
GIS General Mills Inc. Sold out 0.00% −0.03
STZ Constellation Brands Inc. Class A Reduce -2.3% 0.73% −0.03
EMR Emerson Electric Co. Reduce -2.1% 2.56% −0.02
PEP Pepsico Inc. Reduce -5.7% 0.22% −0.02
NUE Nucor Corp. Sold out 0.00% −0.01
IBM Intl Business Machines Corp. Sold out 0.00% −0.01
ABT Abbott Laboratories Reduce -1.7% 0.11% −0.01
ROP Roper Technologies Inc. Sold out 0.00% −0.01
PFE Pfizer Inc. Reduce -18.1% 0.03% −0.01
MDLZ Mondelez International Inc. Class A Reduce -4.3% 0.07% −0.01
CVX Chevron Corp. Reduce -23.9% 0.01% −0.00
BNS Bank of Nova Scotia Sold out 0.00% −0.00
BN Brookfield Corp. Reduce -3.1% 2.85% +0.01
GOOGL Alphabet Inc. Class A Reduce -6.0% 0.10% +0.01
RTX RTX Corp. Reduce -5.5% 1.53% +0.02
LMT Lockheed Martin Corp. Reduce -4.6% 1.16% +0.03
DHR Danaher Corp. Reduce -3.2% 2.91% +0.03
VLTO Veralto Corp. Reduce -3.2% 0.37% +0.03
MRNA Moderna Inc. Reduce -6.2% 0.63% +0.05
ORCL Oracle Corp. Reduce -7.0% 0.64% +0.05

Portfolio Buys Q1 2024 → Q2 2024
MOS The Mosaic Co. New 1.92% +1.92
ZTS Zoetis Inc. Add +52.5% 0.79% +0.30
NVDA Nvidia Corp. Add +1.9% 0.61% +0.19
TRP TC Energy Corp. Add +22.6% 1.10% +0.19
KVUE Kenvue Inc. Add +56.8% 0.60% +0.17
BWA Borgwarner Inc. Add +14.1% 1.40% +0.13
AMZN Amazon.com Inc. Add +0.7% 1.11% +0.12
META Meta Platforms Inc. Class A Add +8.7% 0.76% +0.12
ICE Intercontinental Exchange Inc. Add +20.1% 0.54% +0.11
XOM Exxon Mobil Corp. Add +52.3% 0.15% +0.06
WFC Wells Fargo & Co. Add +1.0% 0.53% +0.04
JNJ Johnson & Johnson Add +3.8% 0.64% +0.00
MBLY Mobileye Global Inc. Class A Add +7.0% 0.07% −0.00
MDT Medtronic PLC Add +5.4% 0.58% −0.00
MA Mastercard Inc. Class A Add +1.9% 0.22% −0.01
HSY The Hershey Co. Add +0.0% 0.55% −0.01
MRK Merck & Co. Inc. Add +0.0% 0.79% −0.02
EXAS Exact Sciences Corp. Add +24.1% 0.20% −0.05
GEHC GE Healthcare Technology Add +0.4% 0.48% −0.05
COO The Cooper Cos Inc. Add +0.4% 0.63% −0.07

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