Lynch & Associates
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 9, 2024), Lynch & Associates reported 121 stock positions worth $433.0 million. Its top holding was Microsoft (MSFT) at 10.1% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 4.3%) and iShares Core S&P Midcap ETF (IJH, 4.1%). Compared with Q4 2023, it opened 3 new positions, sold out of 4, added to 39 and reduced 59. The biggest buy was Eli Lilly (LLY, shares +2%) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- EVANSVILLE, IN
- CIK
- 0001108965
- Portfolio Value
- $433.0M (Q1 2024)
- SEC Filing
- 0001108965-24-000002 ↗ filed Apr 9, 2024
Holdings Value
Holdings 121 stocks · $433.0M
| MSFT Microsoft Corp. | 10.10% | 103,950 | $43.7M | Reduce -6.3% |
| IVV iShares Core S&P 500 ETF | 4.31% | 35,494 | $18.7M | Add +0.5% |
| IJH iShares Core S&P Midcap ETF | 4.09% | 291,521 | $17.7M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 3.36% | 89,576 | $14.5M | Reduce -2.8% |
| JNJ Johnson & Johnson | 3.26% | 89,158 | $14.1M | Reduce -3.9% |
| XOM Exxon Mobil Corp. | 3.16% | 117,824 | $13.7M | Reduce -4.7% |
| ABBV Abbvie Inc. | 2.99% | 71,015 | $12.9M | Reduce -5.9% |
| WMT Walmart Inc. | 2.92% | 210,250 | $12.7M | Reduce -5.0% |
| MRK Merck & Co. Inc. | 2.75% | 90,185 | $11.9M | Reduce -4.7% |
| JPM JPMorgan Chase & Co. | 2.59% | 55,904 | $11.2M | Reduce -7.0% |
| MCD McDonald's Corp. | 2.09% | 32,144 | $9.1M | Reduce -4.2% |
| EMR Emerson Electric Co. | 2.05% | 78,421 | $8.9M | Reduce -4.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.05% | 46,479 | $8.9M | Reduce -4.6% |
| UPS United Parcel Service Class B | 1.98% | 57,706 | $8.6M | Reduce -3.7% |
| CVX Chevron Corp. | 1.86% | 51,081 | $8.1M | Reduce -1.3% |
| AAPL Apple Inc. | 1.84% | 46,418 | $8.0M | Reduce -2.8% |
| CSCO Cisco Systems Inc. | 1.69% | 146,320 | $7.3M | Reduce -4.8% |
| LMT Lockheed Martin Corp. | 1.63% | 15,560 | $7.1M | Reduce -4.7% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.56% | 134,779 | $6.8M | Add +2.5% |
| ITOT iShares Core S&P Total U.S. | 1.53% | 57,305 | $6.6M | Add +1.1% |
| ABT Abbott Laboratories | 1.46% | 55,711 | $6.3M | Reduce -4.6% |
| SYK Stryker Corp. | 1.43% | 17,351 | $6.2M | Reduce -5.6% |
| KO The Coca-Cola Co. | 1.42% | 100,235 | $6.1M | Reduce -3.7% |
| LLY Eli Lilly & Co. | 1.39% | 7,721 | $6.0M | Add +1.9% |
| LOW Lowe's Cos Inc. | 1.37% | 23,322 | $5.9M | Reduce -7.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.25% | 12,874 | $5.4M | Reduce -1.3% |
| HON Honeywell International Inc. | 1.23% | 26,032 | $5.3M | Reduce -5.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.23% | 140,861 | $5.3M | Reduce -2.1% |
| IJR iShares Core S&P Small-Cap E | 1.22% | 47,917 | $5.3M | Add +10.5% |
| SYY Sysco Corp. | 1.13% | 60,428 | $4.9M | Reduce -4.7% |
| GOOGL Alphabet Inc. Class A | 1.04% | 29,805 | $4.5M | Add +0.7% |
| DOW Dow Inc. | 1.04% | 77,501 | $4.5M | Reduce -7.0% |
| TXN Texas Instruments Inc. | 0.98% | 24,262 | $4.2M | Add +1.6% |
| ITW Illinois Tool Works | 0.94% | 15,193 | $4.1M | Reduce -4.8% |
| BA The Boeing Co. | 0.91% | 20,363 | $3.9M | Add +0.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.89% | 31,322 | $3.8M | Reduce -1.7% |
| DFS Discover Financial Services | 0.87% | 28,810 | $3.8M | Reduce -7.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.86% | 36,903 | $3.7M | Reduce -5.5% |
| INTC Intel Corp. | 0.79% | 77,908 | $3.4M | Reduce -7.5% |
| NEE Nextera Energy Inc. | 0.78% | 53,118 | $3.4M | Reduce -10.1% |
| AMZN Amazon.com Inc. | 0.78% | 18,790 | $3.4M | Add +0.6% |
| FTEC Fidelity MSCI Info Tech Indx | 0.77% | 21,361 | $3.3M | Add +8.9% |
| RTX RTX Corp. | 0.72% | 31,751 | $3.1M | Add +3.9% |
| DUK Duke Energy Corp. | 0.70% | 31,435 | $3.0M | Add +1.1% |
| SCHD Schwab US DVD Equity ETF | 0.64% | 34,344 | $2.8M | Add +44.6% |
| USB US Bancorp | 0.62% | 59,687 | $2.7M | Reduce -0.0% |
| FSFG First Savings Financial Grp | 0.59% | 153,000 | $2.6M | No change |
| PFE Pfizer Inc. | 0.58% | 90,031 | $2.5M | Reduce -28.2% |
| GIS General Mills Inc. | 0.55% | 34,139 | $2.4M | Reduce -7.7% |
| MMM 3M Co. | 0.55% | 22,253 | $2.4M | Reduce -8.7% |
| CL Colgate-Palmolive Co. | 0.54% | 26,032 | $2.3M | Reduce -7.7% |
| CVS CVS Health Corp. | 0.54% | 29,326 | $2.3M | Reduce -1.9% |
| TTE Totalenergies SE -Spon ADR | 0.50% | 31,590 | $2.2M | Reduce -6.0% |
| XLK SS Technology Select Sector | 0.49% | 10,249 | $2.1M | Reduce -0.2% |
| FHLC Fidelity MSCI Health Care | 0.48% | 29,484 | $2.1M | Add +7.8% |
| KMB Kimberly-Clark Corp. | 0.47% | 15,700 | $2.0M | Reduce -7.1% |
| FNCL Fidelity MSCI Financial Indx | 0.45% | 32,689 | $1.9M | Add +8.8% |
| VXUS Vanguard Total Intl Stock | 0.44% | 31,929 | $1.9M | Add +4.1% |
| HD Home Depot Inc. | 0.44% | 4,978 | $1.9M | Add +12.5% |
| V Visa Inc. Class A | 0.42% | 6,562 | $1.8M | Reduce -2.4% |
| UNP Union Pacific Corp. | 0.39% | 6,859 | $1.7M | Reduce -7.0% |
| SHW The Sherwin-Williams Co. | 0.37% | 4,674 | $1.6M | Add +2.3% |
| FIDU Fidelity MSCI Indust Indx | 0.37% | 23,461 | $1.6M | Reduce -7.9% |
| PM Philip Morris International | 0.34% | 16,118 | $1.5M | Reduce -4.9% |
| FDIS Fidelity MSCI Cons Discr Ind | 0.32% | 16,936 | $1.4M | Add +8.3% |
| CI The Cigna Group | 0.32% | 3,765 | $1.4M | Add +12.3% |
| VZ Verizon Communications Inc. | 0.31% | 31,635 | $1.3M | Add +0.2% |
| AMGN Amgen Inc. | 0.30% | 4,594 | $1.3M | Add +29.8% |
| FENY Fidelity MSCI Energy Index | 0.30% | 49,570 | $1.3M | Add +4.7% |
| MO Altria Group Inc. | 0.29% | 29,149 | $1.3M | Reduce -6.7% |
| FSTA Fidelity MSCI Cons Stap Indx | 0.27% | 24,377 | $1.2M | Add +9.0% |
| FCOM Fidelity MSCI Comm Serv Indx | 0.26% | 22,927 | $1.1M | Add +8.2% |
| MDY State Street SPDR S&P Midcap | 0.22% | 1,740 | $968K | No change |
| ADBE Adobe Inc. | 0.22% | 1,914 | $966K | Reduce -0.4% |
| NBBK NB Bancorp Inc. | 0.22% | 70,051 | $957K | New |
| XLI SS Industrial Select Sector | 0.19% | 6,550 | $825K | No change |
| META Meta Platforms Inc. Class A | 0.18% | 1,609 | $781K | Reduce -0.9% |
| CINF Cincinnati Financial Corp. | 0.16% | 5,649 | $701K | No change |
| XLF SS Financial Select Sector | 0.16% | 16,075 | $677K | No change |
| IVE iShares S&P 500 Value ETF | 0.14% | 3,356 | $627K | Reduce -2.9% |
| XLV SS Health Care Select Sector | 0.13% | 3,869 | $572K | No change |
| GE General Electric | 0.13% | 3,138 | $551K | Reduce -7.4% |
| XLY SS Consumer Disc Select Sect | 0.13% | 2,981 | $548K | Reduce -1.1% |
| IWM iShares Russell 2000 ETF | 0.13% | 2,600 | $547K | No change |
| IP International Paper Co. | 0.13% | 13,871 | $541K | Reduce -22.3% |
| NVDA Nvidia Corp. | 0.12% | 566 | $511K | Add +13.0% |
| EBC Eastern Bankshares Inc. | 0.11% | 35,000 | $482K | Reduce -2.8% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.11% | 11,114 | $478K | No change |
| TSLA Tesla Inc. | 0.11% | 2,652 | $466K | No change |
| FUTY Fidelity MSCI US Utilities | 0.11% | 10,889 | $462K | Add +9.6% |
| FMAT Fidelity MSCI Materials Indx | 0.10% | 8,601 | $450K | Add +11.2% |
| CSX CSX Corp. | 0.10% | 11,873 | $440K | No change |
| BMY Bristol-Myers Squibb Co. | 0.10% | 8,053 | $437K | Reduce -13.4% |
| RDVY First Trust Rising Dividend | 0.10% | 7,485 | $420K | Add +36.0% |
| WFC Wells Fargo & Co. | 0.10% | 7,253 | $420K | Reduce -0.3% |
| CGGR Cap Group Growth Equity | 0.10% | 13,017 | $416K | Add +11.3% |
| MDT Medtronic PLC | 0.10% | 4,739 | $413K | New |
| DFUS Dimensional US Eq MKT ETF | 0.09% | 7,139 | $407K | Add +24.0% |
| RF Regions Financial Corp. | 0.09% | 19,276 | $406K | Add +1.5% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.09% | 12,591 | $392K | Add +28.4% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -2.8% | 1.84% | −0.40 |
| MCD McDonald's Corp. | Reduce -4.2% | 2.09% | −0.32 |
| UPS United Parcel Service Class B | Reduce -3.7% | 1.98% | −0.31 |
| PFE Pfizer Inc. | Reduce -28.2% | 0.58% | −0.30 |
| JNJ Johnson & Johnson | Reduce -3.9% | 3.26% | −0.28 |
| INTC Intel Corp. | Reduce -7.5% | 0.79% | −0.23 |
| CSCO Cisco Systems Inc. | Reduce -4.8% | 1.69% | −0.20 |
| HON Honeywell International Inc. | Reduce -5.0% | 1.23% | −0.16 |
| LMT Lockheed Martin Corp. | Reduce -4.7% | 1.63% | −0.16 |
| FITB Fifth Third Bancorp | Sold out | 0.00% | −0.13 |
| MMM 3M Co. | Reduce -8.7% | 0.55% | −0.10 |
| ABT Abbott Laboratories | Reduce -4.6% | 1.46% | −0.10 |
| NEE Nextera Energy Inc. | Reduce -10.1% | 0.78% | −0.09 |
| ITW Illinois Tool Works | Reduce -4.8% | 0.94% | −0.07 |
| KO The Coca-Cola Co. | Reduce -3.7% | 1.42% | −0.07 |
| DOW Dow Inc. | Reduce -7.0% | 1.04% | −0.07 |
| CPBI Central Plains Bancshares Inc. | Sold out | 0.00% | −0.06 |
| ADBE Adobe Inc. | Reduce -0.4% | 0.22% | −0.06 |
| UNP Union Pacific Corp. | Reduce -7.0% | 0.39% | −0.05 |
| TTE Totalenergies SE -Spon ADR | Reduce -6.0% | 0.50% | −0.05 |
| PM Philip Morris International | Reduce -4.9% | 0.34% | −0.05 |
| MSFT Microsoft Corp. | Reduce -6.3% | 10.10% | −0.04 |
| GIS General Mills Inc. | Reduce -7.7% | 0.55% | −0.03 |
| CVS CVS Health Corp. | Reduce -1.9% | 0.54% | −0.03 |
| IP International Paper Co. | Reduce -22.3% | 0.13% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -7.1% | 0.47% | −0.03 |
| TJX TJX Companies Inc. | Reduce -5.5% | 0.86% | −0.03 |
| CVX Chevron Corp. | Reduce -1.3% | 1.86% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -13.4% | 0.10% | −0.02 |
| NECB Northeast Community Bancorp | Reduce -6.7% | 0.05% | −0.01 |
| EBC Eastern Bankshares Inc. | Reduce -2.8% | 0.11% | −0.01 |
| MO Altria Group Inc. | Reduce -6.7% | 0.29% | −0.01 |
| USB US Bancorp | Reduce -0.0% | 0.62% | −0.01 |
| LNT Alliant Energy Corp. | Reduce -6.8% | 0.08% | −0.01 |
| FIDU Fidelity MSCI Indust Indx | Reduce -7.9% | 0.37% | −0.01 |
| ONB Old National Bancorp | Reduce -12.5% | 0.04% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -7.7% | 0.54% | −0.01 |
| XLY SS Consumer Disc Select Sect | Reduce -1.1% | 0.13% | −0.00 |
| XLP SS Consumer Staples Sel Sect | Reduce -4.8% | 0.07% | −0.00 |
| V Visa Inc. Class A | Reduce -2.4% | 0.42% | −0.00 |
| IVE iShares S&P 500 Value ETF | Reduce -2.9% | 0.14% | −0.00 |
| MAXXF Max Power Mining Corp. | Sold out | 0.00% | −0.00 |
| AMMPF Ammpower Corp. | Sold out | 0.00% | −0.00 |
| SYY Sysco Corp. | Reduce -4.7% | 1.13% | +0.01 |
| WFC Wells Fargo & Co. | Reduce -0.3% | 0.10% | +0.01 |
| LOW Lowe's Cos Inc. | Reduce -7.2% | 1.37% | +0.01 |
| XLK SS Technology Select Sector | Reduce -0.2% | 0.49% | +0.01 |
| DFS Discover Financial Services | Reduce -7.7% | 0.87% | +0.02 |
| GE General Electric | Reduce -7.4% | 0.13% | +0.02 |
| META Meta Platforms Inc. Class A | Reduce -0.9% | 0.18% | +0.04 |
Portfolio Buys Q4 2023 → Q1 2024
| LLY Eli Lilly & Co. | Add +1.9% | 1.39% | +0.31 |
| NBBK NB Bancorp Inc. | New | 0.22% | +0.22 |
| IVV iShares Core S&P 500 ETF | Add +0.5% | 4.31% | +0.21 |
| SCHD Schwab US DVD Equity ETF | Add +44.6% | 0.64% | +0.20 |
| MDT Medtronic PLC | New | 0.10% | +0.10 |
| AMZN Amazon.com Inc. | Add +0.6% | 0.78% | +0.09 |
| RTX RTX Corp. | Add +3.9% | 0.72% | +0.09 |
| FTEC Fidelity MSCI Info Tech Indx | Add +8.9% | 0.77% | +0.08 |
| IJR iShares Core S&P Small-Cap E | Add +10.5% | 1.22% | +0.08 |
| ITOT iShares Core S&P Total U.S. | Add +1.1% | 1.53% | +0.08 |
| CI The Cigna Group | Add +12.3% | 0.32% | +0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +2.5% | 1.56% | +0.07 |
| HD Home Depot Inc. | Add +12.5% | 0.44% | +0.07 |
| NVDA Nvidia Corp. | Add +13.0% | 0.12% | +0.06 |
| FNCL Fidelity MSCI Financial Indx | Add +8.8% | 0.45% | +0.06 |
| AMGN Amgen Inc. | Add +29.8% | 0.30% | +0.05 |
| XLE SS Energy Select Sector | New | 0.05% | +0.05 |
| FHLC Fidelity MSCI Health Care | Add +7.8% | 0.48% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +0.7% | 1.04% | +0.03 |
| FCOM Fidelity MSCI Comm Serv Indx | Add +8.2% | 0.26% | +0.03 |
| FENY Fidelity MSCI Energy Index | Add +4.7% | 0.30% | +0.03 |
| SHW The Sherwin-Williams Co. | Add +2.3% | 0.37% | +0.03 |
| RDVY First Trust Rising Dividend | Add +36.0% | 0.10% | +0.03 |
| FSTA Fidelity MSCI Cons Stap Indx | Add +9.0% | 0.27% | +0.03 |
| CGUS Cap Group Core Equity | Add +28.4% | 0.09% | +0.02 |
| FDIS Fidelity MSCI Cons Discr Ind | Add +8.3% | 0.32% | +0.02 |
| DFUS Dimensional US Eq MKT ETF | Add +24.0% | 0.09% | +0.02 |
| VZ Verizon Communications Inc. | Add +0.2% | 0.31% | +0.02 |
| CGGR Cap Group Growth Equity | Add +11.3% | 0.10% | +0.02 |
| FTCS First Trust Capital Strength | Add +22.9% | 0.08% | +0.02 |
| FMDE Fidelity Enhanced Mid Cap Co. | Add +19.7% | 0.06% | +0.01 |
| VXUS Vanguard Total Intl Stock | Add +4.1% | 0.44% | +0.01 |
| FMAT Fidelity MSCI Materials Indx | Add +11.2% | 0.10% | +0.01 |
| FUTY Fidelity MSCI US Utilities | Add +9.6% | 0.11% | +0.01 |
| RF Regions Financial Corp. | Add +1.5% | 0.09% | +0.00 |
| FREL Fidelity MSCI RL Est Indx | Add +13.8% | 0.06% | +0.00 |
| AGEN Agenus Inc. | Add +37.6% | 0.01% | −0.00 |
| NKE Nike Inc. Class B | Add +0.5% | 0.05% | −0.01 |
| TXN Texas Instruments Inc. | Add +1.6% | 0.98% | −0.01 |
| WBA Walgreens Boots Alliance Inc. | Add +0.1% | 0.05% | −0.01 |
| DUK Duke Energy Corp. | Add +1.1% | 0.70% | −0.03 |
| BA The Boeing Co. | Add +0.9% | 0.91% | −0.37 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 129 | $572.5M | MSFT, IVV, IJH, JNJ, WMT |
| Q1 2026 | 126 | $532.6M | MSFT, WMT, IVV, IJH, JNJ |
| Q4 2025 | 124 | $528.9M | MSFT, IVV, IJH, WMT, JNJ |
| Q3 2025 | 127 | $517.9M | MSFT, IVV, IJH, WMT, JPM |
| Q2 2025 | 125 | $496.4M | MSFT, IVV, WMT, IJH, JPM |
| Q1 2025 | 118 | $462.3M | MSFT, IVV, WMT, IJH, ABBV |
| Q4 2024 | 116 | $460.9M | MSFT, IVV, WMT, IJH, PG |
| Q3 2024 | 120 | $473.0M | MSFT, IVV, IJH, WMT, PG |
| Q2 2024 | 119 | $443.8M | MSFT, IVV, IJH, PG, WMT |
| Q1 2024 | 121 | $433.0M | MSFT, IVV, IJH, PG, JNJ |