Lynch & Associates
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 7, 2025), Lynch & Associates reported 127 stock positions worth $517.9 million. Its top holding was Microsoft (MSFT) at 10.2% 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 2025, it opened 3 new positions, sold out of 1, added to 47 and reduced 58. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale United Parcel Service Class B (UPS, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- EVANSVILLE, IN
- CIK
- 0001108965
- Portfolio Value
- $517.9M (Q3 2025)
- SEC Filing
- 0001108965-25-000006 ↗ filed Oct 7, 2025
Holdings Value
Holdings 127 stocks · $517.9M
| MSFT Microsoft Corp. | 10.21% | 102,091 | $52.9M | Reduce -1.8% |
| IVV iShares Core S&P 500 ETF | 4.34% | 33,554 | $22.5M | Reduce -2.5% |
| IJH iShares Core S&P Midcap ETF | 3.87% | 307,397 | $20.1M | Add +0.9% |
| WMT Walmart Inc. | 3.77% | 189,536 | $19.5M | Reduce -3.2% |
| JPM JPMorgan Chase & Co. | 3.28% | 53,840 | $17.0M | Reduce -2.1% |
| JNJ Johnson & Johnson | 3.19% | 89,119 | $16.5M | Reduce -1.1% |
| ABBV Abbvie Inc. | 3.15% | 70,546 | $16.3M | Reduce -3.8% |
| XOM Exxon Mobil Corp. | 2.60% | 119,607 | $13.5M | Reduce -2.2% |
| PG The Procter & Gamble Co. | 2.58% | 87,099 | $13.4M | Reduce -1.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.56% | 46,965 | $13.3M | Reduce -0.4% |
| AAPL Apple Inc. | 2.33% | 47,331 | $12.1M | Add +0.7% |
| CSCO Cisco Systems Inc. | 1.98% | 150,119 | $10.3M | Add +0.3% |
| MCD McDonald's Corp. | 1.95% | 33,190 | $10.1M | Reduce -0.6% |
| EMR Emerson Electric Co. | 1.90% | 74,830 | $9.8M | Reduce -1.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.66% | 154,921 | $8.6M | Add +2.9% |
| ITOT iShares Core S&P Total U.S. | 1.59% | 56,504 | $8.2M | Reduce -1.0% |
| CVX Chevron Corp. | 1.56% | 52,067 | $8.1M | Add +0.2% |
| LMT Lockheed Martin Corp. | 1.50% | 15,516 | $7.7M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 1.48% | 31,603 | $7.7M | Reduce -1.1% |
| MRK Merck & Co. Inc. | 1.46% | 90,362 | $7.6M | Add +1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.44% | 144,289 | $7.4M | Reduce -0.3% |
| ABT Abbott Laboratories | 1.43% | 55,164 | $7.4M | Reduce -6.2% |
| IJR iShares Core S&P Small-Cap E | 1.32% | 57,413 | $6.8M | Add +3.6% |
| SYK Stryker Corp. | 1.29% | 18,093 | $6.7M | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.27% | 13,051 | $6.6M | Reduce -1.3% |
| LLY Eli Lilly & Co. | 1.26% | 8,538 | $6.5M | Reduce -0.3% |
| KO The Coca-Cola Co. | 1.24% | 96,975 | $6.4M | Reduce -3.5% |
| LOW Lowe's Cos Inc. | 1.23% | 25,303 | $6.4M | Add +0.3% |
| RTX RTX Corp. | 1.09% | 33,854 | $5.7M | Add +0.1% |
| HON Honeywell International Inc. | 1.09% | 26,882 | $5.7M | Reduce -2.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.02% | 36,606 | $5.3M | Reduce -0.3% |
| FTEC Fidelity MSCI Info Tech Indx | 1.02% | 23,682 | $5.3M | Reduce -3.4% |
| COF Capital One Financial Corp. | 0.95% | 23,179 | $4.9M | Add +5.0% |
| SYY Sysco Corp. | 0.95% | 59,520 | $4.9M | Reduce -0.7% |
| TXN Texas Instruments Inc. | 0.94% | 26,612 | $4.9M | Reduce -0.4% |
| FSFG First Savings Financial Grp | 0.93% | 152,500 | $4.8M | Reduce -0.3% |
| NEE Nextera Energy Inc. | 0.88% | 60,056 | $4.5M | Add +0.8% |
| SCHD Schwab US DVD Equity ETF | 0.87% | 164,581 | $4.5M | Add +5.8% |
| ITW Illinois Tool Works | 0.85% | 16,791 | $4.4M | Add +4.2% |
| AMZN Amazon.com Inc. | 0.84% | 19,903 | $4.4M | Reduce -11.6% |
| BA The Boeing Co. | 0.83% | 19,980 | $4.3M | Add +0.7% |
| MMM 3M Co. | 0.76% | 25,261 | $3.9M | Reduce -4.3% |
| DUK Duke Energy Corp. | 0.75% | 31,427 | $3.9M | Reduce -1.0% |
| UPS United Parcel Service Class B | 0.73% | 45,166 | $3.8M | Reduce -16.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.70% | 31,643 | $3.6M | Reduce -1.7% |
| USB US Bancorp | 0.67% | 71,389 | $3.5M | Add +2.2% |
| VXUS Vanguard Total Intl Stock | 0.60% | 42,528 | $3.1M | Add +6.9% |
| HD Home Depot Inc. | 0.57% | 7,326 | $3.0M | Add +7.5% |
| XLK SS Technology Select Sector | 0.55% | 10,114 | $2.9M | No change |
| FNCL Fidelity MSCI Financial Indx | 0.53% | 35,724 | $2.7M | Add +2.6% |
| V Visa Inc. Class A | 0.53% | 7,965 | $2.7M | Reduce -1.1% |
| META Meta Platforms Inc. Class A | 0.52% | 3,673 | $2.7M | Add +10.7% |
| PM Philip Morris International | 0.48% | 15,387 | $2.5M | Reduce -4.5% |
| FHLC Fidelity MSCI Health Care | 0.45% | 34,649 | $2.3M | Add +2.8% |
| FIDU Fidelity MSCI Indust Indx | 0.42% | 26,726 | $2.2M | Add +5.3% |
| FMDE Fidelity Enhanced Mid Cap Co. | 0.41% | 58,507 | $2.1M | Add +12.4% |
| SHW The Sherwin-Williams Co. | 0.39% | 5,896 | $2.0M | Add +4.3% |
| MO Altria Group Inc. | 0.39% | 30,713 | $2.0M | Reduce -1.0% |
| FDIS Fidelity MSCI Cons Discr Ind | 0.38% | 19,083 | $2.0M | Add +4.5% |
| PFE Pfizer Inc. | 0.38% | 76,340 | $1.9M | Reduce -6.9% |
| CVS CVS Health Corp. | 0.36% | 24,813 | $1.9M | Add +8.5% |
| TTE Totalenergies SE -Spon ADR | 0.36% | 30,956 | $1.8M | Reduce -0.3% |
| KMB Kimberly-Clark Corp. | 0.35% | 14,475 | $1.8M | Reduce -6.0% |
| CL Colgate-Palmolive Co. | 0.35% | 22,479 | $1.8M | Reduce -12.1% |
| UNP Union Pacific Corp. | 0.34% | 7,545 | $1.8M | Reduce -5.9% |
| FCOM Fidelity MSCI Comm Serv Indx | 0.34% | 24,855 | $1.8M | Reduce -1.7% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.32% | 39,015 | $1.6M | Add +6.5% |
| VZ Verizon Communications Inc. | 0.30% | 34,943 | $1.5M | Add +3.5% |
| AMGN Amgen Inc. | 0.28% | 5,211 | $1.5M | Add +0.3% |
| FSTA Fidelity MSCI Cons Stap Indx | 0.28% | 29,278 | $1.5M | Add +4.7% |
| CGGR Cap Group Growth Equity | 0.28% | 33,022 | $1.5M | Add +5.8% |
| FENY Fidelity MSCI Energy Index | 0.27% | 57,518 | $1.4M | Add +5.5% |
| NVDA Nvidia Corp. | 0.27% | 7,489 | $1.4M | Reduce -3.5% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.26% | 34,278 | $1.4M | Add +5.9% |
| GIS General Mills Inc. | 0.26% | 26,708 | $1.3M | Reduce -22.5% |
| AVGO Broadcom Inc. | 0.25% | 3,860 | $1.3M | Add +12.3% |
| FENI Fidelity Enhanced Intl ETF | 0.24% | 35,593 | $1.3M | Add +14.3% |
| RDVY First Trust Rising Dividend | 0.24% | 18,284 | $1.2M | Add +11.1% |
| CI The Cigna Group | 0.21% | 3,825 | $1.1M | Reduce -12.5% |
| MDY State Street SPDR S&P Midcap | 0.20% | 1,740 | $1.0M | No change |
| MDT Medtronic PLC | 0.20% | 10,827 | $1.0M | Add +10.8% |
| NBBK NB Bancorp Inc. | 0.19% | 56,334 | $994K | Reduce -0.9% |
| FTCS First Trust Capital Strength | 0.19% | 10,524 | $985K | Add +9.2% |
| XLI SS Industrial Select Sector | 0.19% | 6,375 | $983K | No change |
| GE General Electric filed as GE AEROSPACE | 0.18% | 3,168 | $953K | No change |
| XLF SS Financial Select Sector | 0.16% | 15,775 | $850K | Reduce -0.6% |
| ORCL Oracle Corp. | 0.16% | 2,985 | $840K | Add +36.2% |
| FUTY Fidelity MSCI US Utilities | 0.16% | 14,552 | $822K | Add +7.0% |
| WM Waste Management Inc. | 0.13% | 3,086 | $681K | Add +0.2% |
| XLY SS Consumer Disc Select Sect | 0.13% | 2,834 | $679K | No change |
| CTAS Cintas Corp. | 0.13% | 3,269 | $671K | Reduce -6.5% |
| EBC Eastern Bankshares Inc. | 0.12% | 35,000 | $635K | No change |
| IVE iShares S&P 500 Value ETF | 0.12% | 3,054 | $631K | Reduce -8.6% |
| IWM iShares Russell 2000 ETF | 0.12% | 2,600 | $629K | No change |
| FESM Fidelity Enhanced Small Cap | 0.11% | 16,244 | $594K | Add +4.8% |
| FMAT Fidelity MSCI Materials Indx | 0.11% | 10,860 | $569K | Add +5.7% |
| WFC Wells Fargo & Co. | 0.11% | 6,713 | $563K | Reduce -0.2% |
| XLV SS Health Care Select Sector | 0.10% | 3,744 | $521K | No change |
| SPSM SS SPDR P S&P 600 Small Cap | 0.10% | 11,114 | $515K | No change |
| BMY Bristol-Myers Squibb Co. | 0.10% | 11,351 | $512K | Reduce -18.8% |
Portfolio Sells Q2 2025 → Q3 2025
| UPS United Parcel Service Class B | Reduce -16.1% | 0.73% | −0.37 |
| PG The Procter & Gamble Co. | Reduce -1.2% | 2.58% | −0.24 |
| IBM Intl Business Machines Corp. | Reduce -0.4% | 2.56% | −0.24 |
| HON Honeywell International Inc. | Reduce -2.8% | 1.09% | −0.21 |
| MSFT Microsoft Corp. | Reduce -1.8% | 10.21% | −0.20 |
| KO The Coca-Cola Co. | Reduce -3.5% | 1.24% | −0.19 |
| ABT Abbott Laboratories | Reduce -6.2% | 1.43% | −0.19 |
| TXN Texas Instruments Inc. | Reduce -0.4% | 0.94% | −0.17 |
| EMR Emerson Electric Co. | Reduce -1.8% | 1.90% | −0.15 |
| AMZN Amazon.com Inc. | Reduce -11.6% | 0.84% | −0.15 |
| DOW Dow Inc. | Reduce -64.5% | 0.06% | −0.15 |
| CL Colgate-Palmolive Co. | Reduce -12.1% | 0.35% | −0.12 |
| PM Philip Morris International | Reduce -4.5% | 0.48% | −0.11 |
| DIS The Walt Disney Co. | Reduce -1.7% | 0.70% | −0.10 |
| GIS General Mills Inc. | Reduce -22.5% | 0.26% | −0.10 |
| LLY Eli Lilly & Co. | Reduce -0.3% | 1.26% | −0.09 |
| WMT Walmart Inc. | Reduce -3.2% | 3.77% | −0.09 |
| CI The Cigna Group | Reduce -12.5% | 0.21% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -2.2% | 2.60% | −0.05 |
| KMB Kimberly-Clark Corp. | Reduce -6.0% | 0.35% | −0.05 |
| MMM 3M Co. | Reduce -4.3% | 0.76% | −0.05 |
| V Visa Inc. Class A | Reduce -1.1% | 0.53% | −0.05 |
| NECB Northeast Community Bancorp | Sold out | 0.00% | −0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -18.8% | 0.10% | −0.03 |
| INTC Intel Corp. | Reduce -53.7% | 0.06% | −0.03 |
| CTAS Cintas Corp. | Reduce -6.5% | 0.13% | −0.03 |
| UNP Union Pacific Corp. | Reduce -5.9% | 0.34% | −0.03 |
| TTE Totalenergies SE -Spon ADR | Reduce -0.3% | 0.36% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.3% | 1.27% | −0.03 |
| GIB Cgi Inc. | Reduce -4.7% | 0.09% | −0.03 |
| PFE Pfizer Inc. | Reduce -6.9% | 0.38% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -25.9% | 0.07% | −0.02 |
| MCD McDonald's Corp. | Reduce -0.6% | 1.95% | −0.02 |
| TSLA Tesla Inc. | Reduce -36.9% | 0.07% | −0.01 |
| NBBK NB Bancorp Inc. | Reduce -0.9% | 0.19% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -8.6% | 0.12% | −0.01 |
| WSBK Winchester Bancorp Inc. | Reduce -27.5% | 0.02% | −0.01 |
| DUK Duke Energy Corp. | Reduce -1.0% | 0.75% | −0.00 |
| XLF SS Financial Select Sector | Reduce -0.6% | 0.16% | −0.00 |
| GEV GE Vernova Inc. | Reduce -13.4% | 0.06% | −0.00 |
| LNT Alliant Energy Corp. | Reduce -8.4% | 0.06% | −0.00 |
| WFC Wells Fargo & Co. | Reduce -0.2% | 0.11% | 0.00 |
| RF Regions Financial Corp. | Reduce -6.0% | 0.08% | +0.00 |
| APH Amphenol Corp. Class A | Reduce -7.0% | 0.05% | +0.01 |
| FCOM Fidelity MSCI Comm Serv Indx | Reduce -1.7% | 0.34% | +0.01 |
| NVDA Nvidia Corp. | Reduce -3.5% | 0.27% | +0.02 |
| MO Altria Group Inc. | Reduce -1.0% | 0.39% | +0.03 |
| LMT Lockheed Martin Corp. | Reduce -1.5% | 1.50% | +0.03 |
| SYY Sysco Corp. | Reduce -0.7% | 0.95% | +0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -2.5% | 4.34% | +0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +0.7% | 2.33% | +0.38 |
| LOW Lowe's Cos Inc. | Add +0.3% | 1.23% | +0.10 |
| RTX RTX Corp. | Add +0.1% | 1.09% | +0.10 |
| IJR iShares Core S&P Small-Cap E | Add +3.6% | 1.32% | +0.10 |
| HD Home Depot Inc. | Add +7.5% | 0.57% | +0.07 |
| IJH iShares Core S&P Midcap ETF | Add +0.9% | 3.87% | +0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +2.9% | 1.66% | +0.07 |
| ORCL Oracle Corp. | Add +36.2% | 0.16% | +0.07 |
| CVX Chevron Corp. | Add +0.2% | 1.56% | +0.06 |
| AVGO Broadcom Inc. | Add +12.3% | 0.25% | +0.06 |
| VXUS Vanguard Total Intl Stock | Add +6.9% | 0.60% | +0.05 |
| FMDE Fidelity Enhanced Mid Cap Co. | Add +12.4% | 0.41% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | New | 0.05% | +0.05 |
| AVBC Avidia Bancorp Inc. | New | 0.04% | +0.04 |
| CVS CVS Health Corp. | Add +8.5% | 0.36% | +0.04 |
| ITW Illinois Tool Works | Add +4.2% | 0.85% | +0.04 |
| MRK Merck & Co. Inc. | Add +1.3% | 1.46% | +0.04 |
| NEE Nextera Energy Inc. | Add +0.8% | 0.88% | +0.04 |
| DFUS Dimensional US Eq MKT ETF | New | 0.04% | +0.04 |
| SCHD Schwab US DVD Equity ETF | Add +5.8% | 0.87% | +0.04 |
| FENI Fidelity Enhanced Intl ETF | Add +14.3% | 0.24% | +0.03 |
| FDIS Fidelity MSCI Cons Discr Ind | Add +4.5% | 0.38% | +0.03 |
| USB US Bancorp | Add +2.2% | 0.67% | +0.03 |
| RDVY First Trust Rising Dividend | Add +11.1% | 0.24% | +0.03 |
| META Meta Platforms Inc. Class A | Add +10.7% | 0.52% | +0.03 |
| MDT Medtronic PLC | Add +10.8% | 0.20% | +0.03 |
| FIDU Fidelity MSCI Indust Indx | Add +5.3% | 0.42% | +0.03 |
| CGDV Cap Group Dividend Value | Add +6.5% | 0.32% | +0.03 |
| CGGR Cap Group Growth Equity | Add +5.8% | 0.28% | +0.02 |
| CGUS Cap Group Core Equity | Add +5.9% | 0.26% | +0.02 |
| FENY Fidelity MSCI Energy Index | Add +5.5% | 0.27% | +0.02 |
| FESM Fidelity Enhanced Small Cap | Add +4.8% | 0.11% | +0.01 |
| FUTY Fidelity MSCI US Utilities | Add +7.0% | 0.16% | +0.01 |
| FTCS First Trust Capital Strength | Add +9.2% | 0.19% | +0.01 |
| FHLC Fidelity MSCI Health Care | Add +2.8% | 0.45% | +0.01 |
| DFAS Dimensional US Small Cap ETF | Add +10.1% | 0.08% | +0.01 |
| FNCL Fidelity MSCI Financial Indx | Add +2.6% | 0.53% | +0.01 |
| FMAT Fidelity MSCI Materials Indx | Add +5.7% | 0.11% | +0.01 |
| COF Capital One Financial Corp. | Add +5.0% | 0.95% | +0.01 |
| SHW The Sherwin-Williams Co. | Add +4.3% | 0.39% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 0.09% | +0.00 |
| CB Chubb Ltd. | Add +14.4% | 0.04% | +0.00 |
| VZ Verizon Communications Inc. | Add +3.5% | 0.30% | +0.00 |
| FREL Fidelity MSCI RL Est Indx | Add +0.8% | 0.06% | −0.00 |
| BA The Boeing Co. | Add +0.7% | 0.83% | −0.01 |
| FSTA Fidelity MSCI Cons Stap Indx | Add +4.7% | 0.28% | −0.01 |
| AMGN Amgen Inc. | Add +0.3% | 0.28% | −0.01 |
| WM Waste Management Inc. | Add +0.2% | 0.13% | −0.01 |
| CSCO Cisco Systems Inc. | Add +0.3% | 1.98% | −0.11 |
| SYK Stryker Corp. | Add +1.2% | 1.29% | −0.13 |
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 |