Lynch & Associates
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 15, 2024), Lynch & Associates reported 120 stock positions worth $473.0 million. Its top holding was Microsoft (MSFT) at 9.7% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 4.3%) and iShares Core S&P Midcap ETF (IJH, 3.9%). Compared with Q2 2024, it opened 3 new positions, sold out of 2, added to 56 and reduced 43. The biggest buy was McDonald's (MCD, shares +0%) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- EVANSVILLE, IN
- CIK
- 0001108965
- Portfolio Value
- $473.0M (Q3 2024)
- SEC Filing
- 0001108965-24-000004 ↗ filed Oct 15, 2024
Holdings Value
Holdings 120 stocks · $473.0M
| MSFT Microsoft Corp. | 9.66% | 106,179 | $45.7M | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 4.27% | 35,010 | $20.2M | Reduce -0.8% |
| IJH iShares Core S&P Midcap ETF | 3.95% | 299,751 | $18.7M | Add +0.7% |
| WMT Walmart Inc. | 3.61% | 211,261 | $17.1M | Reduce -1.3% |
| PG The Procter & Gamble Co. | 3.30% | 90,164 | $15.6M | Reduce -0.6% |
| JNJ Johnson & Johnson | 3.11% | 90,800 | $14.7M | Reduce -0.7% |
| ABBV Abbvie Inc. | 3.07% | 73,479 | $14.5M | Reduce -0.4% |
| XOM Exxon Mobil Corp. | 3.03% | 122,098 | $14.3M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 2.58% | 57,970 | $12.2M | Reduce -0.2% |
| AAPL Apple Inc. | 2.35% | 47,632 | $11.1M | Reduce -0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.24% | 47,981 | $10.6M | Reduce -1.8% |
| MRK Merck & Co. Inc. | 2.23% | 92,701 | $10.5M | Reduce -0.2% |
| MCD McDonald's Corp. | 2.14% | 33,178 | $10.1M | Add +0.1% |
| LMT Lockheed Martin Corp. | 1.97% | 15,917 | $9.3M | Reduce -1.3% |
| EMR Emerson Electric Co. | 1.85% | 79,836 | $8.7M | Reduce -2.4% |
| CSCO Cisco Systems Inc. | 1.68% | 148,990 | $7.9M | Add +0.9% |
| CVX Chevron Corp. | 1.63% | 52,472 | $7.7M | Reduce -0.5% |
| UPS United Parcel Service Class B | 1.63% | 56,436 | $7.7M | Reduce -3.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.58% | 141,323 | $7.5M | Add +1.1% |
| KO The Coca-Cola Co. | 1.54% | 101,304 | $7.3M | Reduce -0.9% |
| ITOT iShares Core S&P Total U.S. | 1.51% | 56,872 | $7.1M | Reduce -1.4% |
| LOW Lowe's Cos Inc. | 1.43% | 25,040 | $6.8M | Add +0.3% |
| LLY Eli Lilly & Co. | 1.43% | 7,621 | $6.8M | Reduce -1.3% |
| SYK Stryker Corp. | 1.40% | 18,381 | $6.6M | Add +0.9% |
| ABT Abbott Laboratories | 1.37% | 56,856 | $6.5M | Reduce -0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.26% | 12,948 | $6.0M | Reduce -0.5% |
| IJR iShares Core S&P Small-Cap E | 1.25% | 50,452 | $5.9M | Add +2.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.23% | 146,957 | $5.8M | Add +0.6% |
| HON Honeywell International Inc. | 1.21% | 27,764 | $5.7M | Add +0.8% |
| TXN Texas Instruments Inc. | 1.14% | 26,166 | $5.4M | Add +3.3% |
| GOOGL Alphabet Inc. Class A | 1.07% | 30,534 | $5.1M | Add +1.7% |
| NEE Nextera Energy Inc. | 1.03% | 57,439 | $4.9M | Add +1.4% |
| SYY Sysco Corp. | 1.03% | 62,179 | $4.9M | Add +0.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.95% | 38,118 | $4.5M | Reduce -0.4% |
| DOW Dow Inc. | 0.90% | 78,018 | $4.3M | Reduce -2.2% |
| ITW Illinois Tool Works | 0.89% | 16,021 | $4.2M | Add +1.0% |
| DFS Discover Financial Services | 0.86% | 28,957 | $4.1M | Reduce -0.2% |
| RTX RTX Corp. | 0.85% | 33,186 | $4.0M | Add +1.8% |
| FTEC Fidelity MSCI Info Tech Indx | 0.84% | 22,873 | $4.0M | Add +3.8% |
| AMZN Amazon.com Inc. | 0.80% | 20,368 | $3.8M | Add +1.1% |
| SCHD Schwab US DVD Equity ETF | 0.78% | 43,682 | $3.7M | Add +16.0% |
| FSFG First Savings Financial Grp | 0.77% | 153,000 | $3.6M | No change |
| DUK Duke Energy Corp. | 0.77% | 31,592 | $3.6M | Add +1.1% |
| MMM 3M Co. | 0.74% | 25,624 | $3.5M | Add +1.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.66% | 32,453 | $3.1M | Reduce -2.7% |
| BA The Boeing Co. | 0.64% | 19,913 | $3.0M | Add +1.4% |
| USB US Bancorp | 0.64% | 65,955 | $3.0M | Add +2.5% |
| CL Colgate-Palmolive Co. | 0.59% | 26,707 | $2.8M | Reduce -1.1% |
| PFE Pfizer Inc. | 0.57% | 93,557 | $2.7M | Reduce -3.7% |
| GIS General Mills Inc. | 0.56% | 36,149 | $2.7M | Reduce -3.1% |
| HD Home Depot Inc. | 0.51% | 5,896 | $2.4M | Add +12.0% |
| FHLC Fidelity MSCI Health Care | 0.50% | 32,362 | $2.4M | Add +6.2% |
| KMB Kimberly-Clark Corp. | 0.49% | 16,340 | $2.3M | Reduce -0.2% |
| XLK SS Technology Select Sector | 0.49% | 10,224 | $2.3M | No change |
| FNCL Fidelity MSCI Financial Indx | 0.47% | 34,601 | $2.2M | Add +3.9% |
| TTE Totalenergies SE -Spon ADR | 0.45% | 32,715 | $2.1M | Add +0.1% |
| SHW The Sherwin-Williams Co. | 0.44% | 5,419 | $2.1M | Add +5.1% |
| VXUS Vanguard Total Intl Stock | 0.43% | 31,608 | $2.0M | Add +3.4% |
| PM Philip Morris International | 0.42% | 16,223 | $2.0M | Reduce -0.6% |
| UNP Union Pacific Corp. | 0.41% | 7,901 | $1.9M | Add +10.9% |
| V Visa Inc. Class A | 0.41% | 7,080 | $1.9M | Add +2.3% |
| FIDU Fidelity MSCI Indust Indx | 0.37% | 24,549 | $1.8M | Add +5.0% |
| AMGN Amgen Inc. | 0.36% | 5,325 | $1.7M | Add +6.9% |
| FDIS Fidelity MSCI Cons Discr Ind | 0.34% | 18,418 | $1.6M | Add +5.4% |
| CVS CVS Health Corp. | 0.34% | 25,895 | $1.6M | Reduce -6.6% |
| CI The Cigna Group | 0.33% | 4,504 | $1.6M | Add +3.5% |
| VZ Verizon Communications Inc. | 0.33% | 34,410 | $1.5M | Add +4.6% |
| MO Altria Group Inc. | 0.32% | 29,513 | $1.5M | Add +3.0% |
| FSTA Fidelity MSCI Cons Stap Indx | 0.29% | 26,661 | $1.4M | Add +5.1% |
| FCOM Fidelity MSCI Comm Serv Indx | 0.29% | 24,542 | $1.4M | Add +4.2% |
| NBBK NB Bancorp Inc. | 0.27% | 68,398 | $1.3M | No change |
| FENY Fidelity MSCI Energy Index | 0.26% | 51,905 | $1.2M | Add +3.4% |
| META Meta Platforms Inc. Class A | 0.22% | 1,803 | $1.0M | Add +9.1% |
| MDY State Street SPDR S&P Midcap | 0.21% | 1,740 | $991K | No change |
| ADBE Adobe Inc. | 0.21% | 1,901 | $984K | Add +9.0% |
| NVDA Nvidia Corp. | 0.19% | 7,324 | $889K | Add +13.7% |
| XLI SS Industrial Select Sector | 0.19% | 6,525 | $884K | Reduce -0.9% |
| CINF Cincinnati Financial Corp. | 0.16% | 5,649 | $769K | No change |
| XLF SS Financial Select Sector | 0.15% | 16,075 | $729K | No change |
| FUTY Fidelity MSCI US Utilities | 0.14% | 13,153 | $682K | Add +7.4% |
| IVE iShares S&P 500 Value ETF | 0.14% | 3,356 | $662K | No change |
| MDT Medtronic PLC | 0.14% | 7,324 | $659K | Add +15.8% |
| IP International Paper Co. | 0.13% | 12,421 | $607K | Reduce -0.8% |
| XLV SS Health Care Select Sector | 0.13% | 3,869 | $596K | No change |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.13% | 17,325 | $594K | Add +14.5% |
| XLY SS Consumer Disc Select Sect | 0.13% | 2,961 | $593K | Reduce -0.7% |
| GE General Electric filed as GE AEROSPACE | 0.13% | 3,138 | $592K | No change |
| RDVY First Trust Rising Dividend | 0.12% | 9,879 | $585K | Add +15.2% |
| IWM iShares Russell 2000 ETF | 0.12% | 2,600 | $574K | No change |
| EBC Eastern Bankshares Inc. | 0.12% | 35,000 | $574K | No change |
| CGGR Cap Group Growth Equity | 0.12% | 16,191 | $563K | Add +13.9% |
| FMAT Fidelity MSCI Materials Indx | 0.11% | 9,607 | $521K | Add +4.8% |
| INTC Intel Corp. | 0.11% | 22,036 | $517K | Reduce -71.2% |
| FTCS First Trust Capital Strength | 0.11% | 5,622 | $510K | Add +13.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.11% | 11,114 | $506K | No change |
| FMDE Fidelity Enhanced Mid Cap Co. | 0.10% | 15,305 | $492K | Add +35.4% |
| WFC Wells Fargo & Co. | 0.09% | 7,253 | $410K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 1,433 | $406K | Add +0.3% |
| LNT Alliant Energy Corp. | 0.09% | 6,681 | $405K | Reduce -0.1% |
| CSX CSX Corp. | 0.09% | 11,673 | $403K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Reduce -0.9% | 9.66% | −1.13 |
| INTC Intel Corp. | Reduce -71.2% | 0.11% | −0.42 |
| MRK Merck & Co. Inc. | Reduce -0.2% | 2.23% | −0.37 |
| CVX Chevron Corp. | Reduce -0.5% | 1.63% | −0.22 |
| EMR Emerson Electric Co. | Reduce -2.4% | 1.85% | −0.18 |
| UPS United Parcel Service Class B | Reduce -3.3% | 1.63% | −0.17 |
| LLY Eli Lilly & Co. | Reduce -1.3% | 1.43% | −0.15 |
| XOM Exxon Mobil Corp. | Reduce -0.1% | 3.03% | −0.14 |
| DIS The Walt Disney Co. | Reduce -2.7% | 0.66% | −0.09 |
| IVV iShares Core S&P 500 ETF | Reduce -0.8% | 4.27% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -0.6% | 3.30% | −0.07 |
| DFUS Dimensional US Eq MKT ETF | Reduce -59.6% | 0.04% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -0.2% | 2.58% | −0.06 |
| DOW Dow Inc. | Reduce -2.2% | 0.90% | −0.05 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.05 |
| PFE Pfizer Inc. | Reduce -3.7% | 0.57% | −0.04 |
| ITOT iShares Core S&P Total U.S. | Reduce -1.4% | 1.51% | −0.03 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.03 |
| CVS CVS Health Corp. | Reduce -6.6% | 0.34% | −0.02 |
| HBAN Huntington Bancshares Inc. | Reduce -27.0% | 0.06% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -0.2% | 0.49% | −0.02 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -23.0% | 0.06% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -8.9% | 0.04% | −0.01 |
| RF Regions Financial Corp. | Reduce -14.1% | 0.08% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -1.1% | 0.59% | −0.00 |
| TJX TJX Companies Inc. | Reduce -0.4% | 0.95% | −0.00 |
| XLY SS Consumer Disc Select Sect | Reduce -0.7% | 0.13% | +0.00 |
| DFS Discover Financial Services | Reduce -0.2% | 0.86% | +0.00 |
| XLI SS Industrial Select Sector | Reduce -0.9% | 0.19% | +0.01 |
| KEY Keycorp | Reduce -1.0% | 0.07% | +0.01 |
| IP International Paper Co. | Reduce -0.8% | 0.13% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -6.3% | 0.08% | +0.01 |
| LNT Alliant Energy Corp. | Reduce -0.1% | 0.09% | +0.01 |
| NECB Northeast Community Bancorp | Reduce -4.3% | 0.06% | +0.02 |
| GIS General Mills Inc. | Reduce -3.1% | 0.56% | +0.03 |
| ABT Abbott Laboratories | Reduce -0.4% | 1.37% | +0.03 |
| PM Philip Morris International | Reduce -0.6% | 0.42% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 1.26% | +0.07 |
| KO The Coca-Cola Co. | Reduce -0.9% | 1.54% | +0.07 |
| AAPL Apple Inc. | Reduce -0.5% | 2.35% | +0.08 |
| JNJ Johnson & Johnson | Reduce -0.7% | 3.11% | +0.10 |
| ABBV Abbvie Inc. | Reduce -0.4% | 3.07% | +0.22 |
| LMT Lockheed Martin Corp. | Reduce -1.3% | 1.97% | +0.27 |
| IBM Intl Business Machines Corp. | Reduce -1.8% | 2.24% | +0.34 |
| WMT Walmart Inc. | Reduce -1.3% | 3.61% | +0.34 |
Portfolio Buys Q2 2024 → Q3 2024
| MCD McDonald's Corp. | Add +0.1% | 2.14% | +0.23 |
| LOW Lowe's Cos Inc. | Add +0.3% | 1.43% | +0.19 |
| MMM 3M Co. | Add +1.9% | 0.74% | +0.16 |
| NEE Nextera Energy Inc. | Add +1.4% | 1.03% | +0.12 |
| SCHD Schwab US DVD Equity ETF | Add +16.0% | 0.78% | +0.12 |
| RTX RTX Corp. | Add +1.8% | 0.85% | +0.11 |
| HD Home Depot Inc. | Add +12.0% | 0.51% | +0.10 |
| CSCO Cisco Systems Inc. | Add +0.9% | 1.68% | +0.10 |
| SHW The Sherwin-Williams Co. | Add +5.1% | 0.44% | +0.09 |
| CGDV Cap Group Dividend Value | New | 0.08% | +0.08 |
| DUK Duke Energy Corp. | Add +1.1% | 0.77% | +0.06 |
| IJR iShares Core S&P Small-Cap E | Add +2.4% | 1.25% | +0.06 |
| USB US Bancorp | Add +2.5% | 0.64% | +0.06 |
| AFBI Affinity Bancshares Inc. | New | 0.06% | +0.06 |
| UNP Union Pacific Corp. | Add +10.9% | 0.41% | +0.05 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +1.1% | 1.58% | +0.04 |
| NKE Nike Inc. Class B | New | 0.04% | +0.04 |
| ITW Illinois Tool Works | Add +1.0% | 0.89% | +0.04 |
| FNCL Fidelity MSCI Financial Indx | Add +3.9% | 0.47% | +0.03 |
| TXN Texas Instruments Inc. | Add +3.3% | 1.14% | +0.03 |
| META Meta Platforms Inc. Class A | Add +9.1% | 0.22% | +0.03 |
| FIDU Fidelity MSCI Indust Indx | Add +5.0% | 0.37% | +0.03 |
| FMDE Fidelity Enhanced Mid Cap Co. | Add +35.4% | 0.10% | +0.03 |
| MDT Medtronic PLC | Add +15.8% | 0.14% | +0.03 |
| FHLC Fidelity MSCI Health Care | Add +6.2% | 0.50% | +0.03 |
| SYY Sysco Corp. | Add +0.1% | 1.03% | +0.03 |
| FDIS Fidelity MSCI Cons Discr Ind | Add +5.4% | 0.34% | +0.03 |
| MO Altria Group Inc. | Add +3.0% | 0.32% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +0.7% | 3.95% | +0.02 |
| FUTY Fidelity MSCI US Utilities | Add +7.4% | 0.14% | +0.02 |
| VZ Verizon Communications Inc. | Add +4.6% | 0.33% | +0.02 |
| TSLA Tesla Inc. | Add +5.6% | 0.09% | +0.02 |
| RDVY First Trust Rising Dividend | Add +15.2% | 0.12% | +0.02 |
| VXUS Vanguard Total Intl Stock | Add +3.4% | 0.43% | +0.02 |
| FSTA Fidelity MSCI Cons Stap Indx | Add +5.1% | 0.29% | +0.02 |
| CGUS Cap Group Core Equity | Add +14.5% | 0.13% | +0.02 |
| CGGR Cap Group Growth Equity | Add +13.9% | 0.12% | +0.01 |
| FTCS First Trust Capital Strength | Add +13.0% | 0.11% | +0.01 |
| AMGN Amgen Inc. | Add +6.9% | 0.36% | +0.01 |
| NVDA Nvidia Corp. | Add +13.7% | 0.19% | +0.01 |
| DFAS Dimensional US Small Cap ETF | Add +14.5% | 0.06% | +0.01 |
| FCOM Fidelity MSCI Comm Serv Indx | Add +4.2% | 0.29% | +0.01 |
| FREL Fidelity MSCI RL Est Indx | Add +3.9% | 0.07% | +0.01 |
| FMAT Fidelity MSCI Materials Indx | Add +4.8% | 0.11% | +0.01 |
| SYK Stryker Corp. | Add +0.9% | 1.40% | +0.01 |
| CI The Cigna Group | Add +3.5% | 0.33% | +0.01 |
| CAT Caterpillar Inc. | Add +0.8% | 0.06% | +0.01 |
| V Visa Inc. Class A | Add +2.3% | 0.41% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.3% | 0.09% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.2% | 0.07% | −0.00 |
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 |