Lynch & Associates

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), Lynch & Associates reported 119 stock positions worth $443.8 million. Its top holding was Microsoft (MSFT) at 10.8% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 4.4%) and iShares Core S&P Midcap ETF (IJH, 3.9%). Compared with Q1 2024, it opened 1 new position, sold out of 3, added to 75 and reduced 21. The biggest buy was Microsoft (MSFT, shares +3%) and the biggest sale Intel (INTC, shares −2%).

Most Recent 13F
Q2 2026
Location
EVANSVILLE, IN
CIK
0001108965
Portfolio Value
$443.8M (Q2 2024)
SEC Filing
0001108965-24-000003 ↗ filed Aug 6, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $433.0M Q1 2024 Q2 2024: $443.8M $443.8M Q2 2024 Q3 2024: $473.0M Q3 2024 Q4 2024: $460.9M Q4 2024 Q1 2025: $462.3M Q1 2025 Q2 2025: $496.4M Q2 2025 Q3 2025: $517.9M Q3 2025 Q4 2025: $528.9M Q4 2025 Q1 2026: $532.6M Q1 2026 Q2 2026: $572.5M Q2 2026

Holdings 119 stocks · $443.8M
MSFT Microsoft Corp. 10.79% 107,108 $47.9M Add +3.0%
IVV iShares Core S&P 500 ETF 4.35% 35,297 $19.3M Reduce -0.6%
IJH iShares Core S&P Midcap ETF 3.93% 297,784 $17.4M Add +2.1%
PG The Procter & Gamble Co. 3.37% 90,714 $15.0M Add +1.3%
WMT Walmart Inc. 3.27% 214,089 $14.5M Add +1.8%
XOM Exxon Mobil Corp. 3.17% 122,205 $14.1M Add +3.7%
JNJ Johnson & Johnson 3.01% 91,451 $13.4M Add +2.6%
ABBV Abbvie Inc. 2.85% 73,746 $12.6M Add +3.9%
JPM JPMorgan Chase & Co. 2.65% 58,110 $11.8M Add +4.0%
MRK Merck & Co. Inc. 2.59% 92,926 $11.5M Add +3.0%
AAPL Apple Inc. 2.27% 47,860 $10.1M Add +3.1%
EMR Emerson Electric Co. 2.03% 81,779 $9.0M Add +4.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.90% 48,860 $8.5M Add +5.1%
MCD McDonald's Corp. 1.90% 33,157 $8.4M Add +3.1%
CVX Chevron Corp. 1.86% 52,708 $8.2M Add +3.2%
UPS United Parcel Service Class B 1.80% 58,366 $8.0M Add +1.1%
LMT Lockheed Martin Corp. 1.70% 16,118 $7.5M Add +3.6%
CSCO Cisco Systems Inc. 1.58% 147,647 $7.0M Add +0.9%
LLY Eli Lilly & Co. 1.57% 7,721 $7.0M No change
ITOT iShares Core S&P Total U.S. 1.54% 57,664 $6.8M Add +0.6%
SPYV SS SPDR P S&P 500 Value ETF 1.54% 139,809 $6.8M Add +3.7%
KO The Coca-Cola Co. 1.47% 102,255 $6.5M Add +2.0%
SYK Stryker Corp. 1.40% 18,209 $6.2M Add +4.9%
ABT Abbott Laboratories 1.34% 57,105 $5.9M Add +2.5%
HON Honeywell International Inc. 1.33% 27,543 $5.9M Add +5.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.31% 146,051 $5.8M Add +3.7%
LOW Lowe's Cos Inc. 1.24% 24,954 $5.5M Add +7.0%
GOOGL Alphabet Inc. Class A 1.23% 30,026 $5.5M Add +0.7%
BRK.B Berkshire Hathaway Inc. Class B 1.19% 13,007 $5.3M Add +1.0%
IJR iShares Core S&P Small-Cap E 1.18% 49,269 $5.3M Add +2.8%
TXN Texas Instruments Inc. 1.11% 25,340 $4.9M Add +4.4%
SYY Sysco Corp. 1.00% 62,107 $4.4M Add +2.8%
DOW Dow Inc. 0.95% 79,782 $4.2M Add +2.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.95% 38,255 $4.2M Add +3.7%
NEE Nextera Energy Inc. 0.90% 56,639 $4.0M Add +6.6%
AMZN Amazon.com Inc. 0.88% 20,149 $3.9M Add +7.2%
DFS Discover Financial Services 0.86% 29,018 $3.8M Add +0.7%
FTEC Fidelity MSCI Info Tech Indx 0.85% 22,030 $3.8M Add +3.1%
ITW Illinois Tool Works 0.85% 15,857 $3.8M Add +4.4%
BA The Boeing Co. 0.81% 19,639 $3.6M Reduce -3.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.75% 33,349 $3.3M Add +6.5%
RTX RTX Corp. 0.74% 32,602 $3.3M Add +2.7%
DUK Duke Energy Corp. 0.71% 31,251 $3.1M Reduce -0.6%
SCHD Schwab US DVD Equity ETF 0.66% 37,669 $2.9M Add +9.7%
FSFG First Savings Financial Grp 0.61% 153,000 $2.7M No change
PFE Pfizer Inc. 0.61% 97,182 $2.7M Add +7.9%
CL Colgate-Palmolive Co. 0.59% 27,009 $2.6M Add +3.8%
MMM 3M Co. 0.58% 25,144 $2.6M Add +13.0%
USB US Bancorp 0.58% 64,380 $2.6M Add +7.9%
INTC Intel Corp. 0.53% 76,473 $2.4M Reduce -1.8%
GIS General Mills Inc. 0.53% 37,312 $2.4M Add +9.3%
XLK SS Technology Select Sector 0.52% 10,224 $2.3M Reduce -0.2%
KMB Kimberly-Clark Corp. 0.51% 16,380 $2.3M Add +4.3%
TTE Totalenergies SE -Spon ADR 0.49% 32,675 $2.2M Add +3.4%
FHLC Fidelity MSCI Health Care 0.47% 30,465 $2.1M Add +3.3%
FNCL Fidelity MSCI Financial Indx 0.43% 33,312 $1.9M Add +1.9%
VXUS Vanguard Total Intl Stock 0.42% 30,575 $1.8M Reduce -4.2%
V Visa Inc. Class A 0.41% 6,921 $1.8M Add +5.5%
HD Home Depot Inc. 0.41% 5,263 $1.8M Add +5.7%
PM Philip Morris International 0.37% 16,323 $1.7M Add +1.3%
CVS CVS Health Corp. 0.37% 27,721 $1.6M Reduce -5.5%
UNP Union Pacific Corp. 0.36% 7,122 $1.6M Add +3.8%
AMGN Amgen Inc. 0.35% 4,980 $1.6M Add +8.4%
SHW The Sherwin-Williams Co. 0.35% 5,154 $1.5M Add +10.3%
FIDU Fidelity MSCI Indust Indx 0.34% 23,374 $1.5M Reduce -0.4%
CI The Cigna Group 0.32% 4,350 $1.4M Add +15.5%
FDIS Fidelity MSCI Cons Discr Ind 0.32% 17,474 $1.4M Add +3.2%
VZ Verizon Communications Inc. 0.31% 32,910 $1.4M Add +4.0%
MO Altria Group Inc. 0.29% 28,663 $1.3M Reduce -1.7%
FENY Fidelity MSCI Energy Index 0.28% 50,201 $1.3M Add +1.3%
FCOM Fidelity MSCI Comm Serv Indx 0.28% 23,552 $1.2M Add +2.7%
FSTA Fidelity MSCI Cons Stap Indx 0.27% 25,360 $1.2M Add +4.0%
NBBK NB Bancorp Inc. 0.23% 68,398 $1.0M Reduce -2.4%
ADBE Adobe Inc. 0.22% 1,744 $969K Reduce -8.9%
MDY State Street SPDR S&P Midcap 0.21% 1,740 $931K No change
META Meta Platforms Inc. Class A 0.19% 1,653 $833K Add +2.7%
XLI SS Industrial Select Sector 0.18% 6,586 $803K Add +0.6%
NVDA Nvidia Corp. 0.18% 6,442 $796K Add +13.8%
CINF Cincinnati Financial Corp. 0.15% 5,649 $667K No change
XLF SS Financial Select Sector 0.15% 16,075 $661K No change
IVE iShares S&P 500 Value ETF 0.14% 3,356 $611K No change
XLV SS Health Care Select Sector 0.13% 3,869 $564K No change
XLY SS Consumer Disc Select Sect 0.12% 2,981 $544K No change
IP International Paper Co. 0.12% 12,521 $540K Reduce -9.7%
FUTY Fidelity MSCI US Utilities 0.12% 12,245 $538K Add +12.4%
IWM iShares Russell 2000 ETF 0.12% 2,600 $528K No change
GE General Electric filed as GE AEROSPACE 0.11% 3,138 $499K No change
MDT Medtronic PLC 0.11% 6,324 $498K Add +33.5%
EBC Eastern Bankshares Inc. 0.11% 35,000 $489K No change
CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET 0.11% 15,131 $488K Add +20.2%
DFUS Dimensional US Eq MKT ETF 0.11% 8,066 $475K Add +13.0%
RDVY First Trust Rising Dividend 0.11% 8,574 $469K Add +14.6%
CGGR Cap Group Growth Equity 0.11% 14,216 $468K Add +9.2%
SPSM SS SPDR P S&P 600 Small Cap 0.10% 11,114 $462K No change
FMAT Fidelity MSCI Materials Indx 0.10% 9,167 $453K Add +6.6%
WFC Wells Fargo & Co. 0.10% 7,253 $431K No change
FTCS First Trust Capital Strength 0.09% 4,974 $418K Add +26.0%
CSX CSX Corp. 0.09% 11,673 $390K Reduce -1.7%
RF Regions Financial Corp. 0.09% 19,276 $386K No change
VTI VG Morningstar TS MKT ETF-US 0.09% 1,429 $382K No change
HBAN Huntington Bancshares Inc. 0.08% 27,051 $357K No change
LNT Alliant Energy Corp. 0.08% 6,691 $341K Reduce -0.4%
FMDE Fidelity Enhanced Mid Cap Co. 0.07% 11,304 $333K Add +24.3%
VOOV Vanguard S&P 500 Value ETF 0.07% 1,850 $325K Reduce -14.2%
BMY Bristol-Myers Squibb Co. 0.07% 7,709 $320K Reduce -4.3%
COST Costco Wholesale Corp. 0.07% 360 $306K Add +7.5%
XLP SS Consumer Staples Sel Sect 0.07% 3,982 $305K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.07% 560 $305K No change
KEY Keycorp 0.07% 20,401 $290K Reduce -0.8%
TSLA Tesla Inc. 0.07% 1,457 $288K Reduce -45.1%
FREL Fidelity MSCI RL Est Indx 0.06% 11,071 $281K Add +5.7%
DFAS Dimensional US Small Cap ETF 0.05% 3,973 $239K New
CAT Caterpillar Inc. 0.05% 702 $234K No change
QQQ Invesco QQQ Trust Series 1 0.05% 450 $216K Reduce -10.9%
NECB Northeast Community Bancorp 0.05% 11,500 $205K Reduce -17.9%
XLE SS Energy Select Sector 0.05% 2,235 $204K No change
WBA Walgreens Boots Alliance Inc. 0.03% 10,000 $121K Reduce -0.2%
MCOA Marijuana Company of America 0.00% 200,000 $0 No change
FRAC FIRST HORIZON NATL CORP filed as FIRST HORIZON NAT'L FRACTIONAL 0.00% 434,329 $0 No change

Portfolio Sells Q1 2024 → Q2 2024
INTC Intel Corp. Reduce -1.8% 0.53% −0.26
CVS CVS Health Corp. Reduce -5.5% 0.37% −0.17
BA The Boeing Co. Reduce -3.6% 0.81% −0.10
NKE Nike Inc. Class B Sold out 0.00% −0.05
TSLA Tesla Inc. Reduce -45.1% 0.07% −0.04
ONB Old National Bancorp Sold out 0.00% −0.04
VXUS Vanguard Total Intl Stock Reduce -4.2% 0.42% −0.03
BMY Bristol-Myers Squibb Co. Reduce -4.3% 0.07% −0.03
FIDU Fidelity MSCI Indust Indx Reduce -0.4% 0.34% −0.02
WBA Walgreens Boots Alliance Inc. Reduce -0.2% 0.03% −0.02
VOOV Vanguard S&P 500 Value ETF Reduce -14.2% 0.07% −0.02
CSX CSX Corp. Reduce -1.7% 0.09% −0.01
KEY Keycorp Reduce -0.8% 0.07% −0.01
AGEN Agenus Inc. Sold out 0.00% −0.01
ADBE Adobe Inc. Reduce -8.9% 0.22% −0.00
NECB Northeast Community Bancorp Reduce -17.9% 0.05% −0.00
IP International Paper Co. Reduce -9.7% 0.12% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -10.9% 0.05% −0.00
LNT Alliant Energy Corp. Reduce -0.4% 0.08% −0.00
MO Altria Group Inc. Reduce -1.7% 0.29% +0.00
DUK Duke Energy Corp. Reduce -0.6% 0.71% +0.00
NBBK NB Bancorp Inc. Reduce -2.4% 0.23% +0.01
XLK SS Technology Select Sector Reduce -0.2% 0.52% +0.03
IVV iShares Core S&P 500 ETF Reduce -0.6% 4.35% +0.04

Portfolio Buys Q1 2024 → Q2 2024
MSFT Microsoft Corp. Add +3.0% 10.79% +0.69
AAPL Apple Inc. Add +3.1% 2.27% +0.43
WMT Walmart Inc. Add +1.8% 3.27% +0.34
GOOGL Alphabet Inc. Class A Add +0.7% 1.23% +0.19
TXN Texas Instruments Inc. Add +4.4% 1.11% +0.13
NEE Nextera Energy Inc. Add +6.6% 0.90% +0.12
AMZN Amazon.com Inc. Add +7.2% 0.88% +0.09
HON Honeywell International Inc. Add +5.8% 1.33% +0.09
TJX TJX Companies Inc. Add +3.7% 0.95% +0.08
FTEC Fidelity MSCI Info Tech Indx Add +3.1% 0.85% +0.08
BAC Bank of America Corp. Add +3.7% 1.31% +0.08
JPM JPMorgan Chase & Co. Add +4.0% 2.65% +0.06
LMT Lockheed Martin Corp. Add +3.6% 1.70% +0.06
NVDA Nvidia Corp. Add +13.8% 0.18% +0.06
DFAS Dimensional US Small Cap ETF New 0.05% +0.05
KO The Coca-Cola Co. Add +2.0% 1.47% +0.05
CL Colgate-Palmolive Co. Add +3.8% 0.59% +0.05
AMGN Amgen Inc. Add +8.4% 0.35% +0.05
KMB Kimberly-Clark Corp. Add +4.3% 0.51% +0.04
PFE Pfizer Inc. Add +7.9% 0.61% +0.04
MMM 3M Co. Add +13.0% 0.58% +0.03
PM Philip Morris International Add +1.3% 0.37% +0.03
RTX RTX Corp. Add +2.7% 0.74% +0.02
SCHD Schwab US DVD Equity ETF Add +9.7% 0.66% +0.02
CGUS Cap Group Core Equity Add +20.2% 0.11% +0.02
ITOT iShares Core S&P Total U.S. Add +0.6% 1.54% +0.02
MDT Medtronic PLC Add +33.5% 0.11% +0.02
FTCS First Trust Capital Strength Add +26.0% 0.09% +0.02
FCOM Fidelity MSCI Comm Serv Indx Add +2.7% 0.28% +0.01
FUTY Fidelity MSCI US Utilities Add +12.4% 0.12% +0.01
PG The Procter & Gamble Co. Add +1.3% 3.37% +0.01
DFUS Dimensional US Eq MKT ETF Add +13.0% 0.11% +0.01
COST Costco Wholesale Corp. Add +7.5% 0.07% +0.01
FMDE Fidelity Enhanced Mid Cap Co. Add +24.3% 0.07% +0.01
CGGR Cap Group Growth Equity Add +9.2% 0.11% +0.01
RDVY First Trust Rising Dividend Add +14.6% 0.11% +0.01
CI The Cigna Group Add +15.5% 0.32% +0.01
META Meta Platforms Inc. Class A Add +2.7% 0.19% +0.01
XOM Exxon Mobil Corp. Add +3.7% 3.17% +0.01
FSTA Fidelity MSCI Cons Stap Indx Add +4.0% 0.27% +0.00
FREL Fidelity MSCI RL Est Indx Add +5.7% 0.06% +0.00
VZ Verizon Communications Inc. Add +4.0% 0.31% −0.00
FMAT Fidelity MSCI Materials Indx Add +6.6% 0.10% −0.00
CVX Chevron Corp. Add +3.2% 1.86% −0.00
FDIS Fidelity MSCI Cons Discr Ind Add +3.2% 0.32% −0.00
FHLC Fidelity MSCI Health Care Add +3.3% 0.47% −0.00
XLI SS Industrial Select Sector Add +0.6% 0.18% −0.01
TTE Totalenergies SE -Spon ADR Add +3.4% 0.49% −0.01
FENY Fidelity MSCI Energy Index Add +1.3% 0.28% −0.01
FNCL Fidelity MSCI Financial Indx Add +1.9% 0.43% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 129$572.5MMSFT, IVV, IJH, JNJ, WMT
Q1 2026 126$532.6MMSFT, WMT, IVV, IJH, JNJ
Q4 2025 124$528.9MMSFT, IVV, IJH, WMT, JNJ
Q3 2025 127$517.9MMSFT, IVV, IJH, WMT, JPM
Q2 2025 125$496.4MMSFT, IVV, WMT, IJH, JPM
Q1 2025 118$462.3MMSFT, IVV, WMT, IJH, ABBV
Q4 2024 116$460.9MMSFT, IVV, WMT, IJH, PG
Q3 2024 120$473.0MMSFT, IVV, IJH, WMT, PG
Q2 2024 119$443.8MMSFT, IVV, IJH, PG, WMT
Q1 2024 121$433.0MMSFT, IVV, IJH, PG, JNJ