Maple Capital Management, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 2024), Maple Capital Management, Inc. reported 111 stock positions worth $1.3 billion. Its top holding was Apple (AAPL) at 9.0% of the portfolio, followed by Microsoft (MSFT, 8.4%) and Nvidia (NVDA, 6.7%). Compared with Q2 2024, it opened 5 new positions, sold out of 7, added to 44 and reduced 55. The biggest buy was iShares Core S&P Small-Cap E (IJR, shares +13%) and the biggest sale Applied Materials (AMAT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- MONTPELIER, VT
- CIK
- 0001313893
- Portfolio Value
- $1.3B (Q3 2024)
- SEC Filing
- 0001313893-24-000005 ↗ filed Oct 21, 2024
Holdings Value
Holdings 111 stocks · $1.3B
| AAPL Apple Inc. | 8.99% | 505,854 | $117.9M | Add +0.3% |
| MSFT Microsoft Corp. | 8.36% | 254,719 | $109.6M | Add +1.0% |
| NVDA Nvidia Corp. | 6.69% | 722,223 | $87.7M | Add +1.0% |
| GOOG Alphabet Inc. Class C | 5.08% | 398,342 | $66.6M | Add +2.4% |
| AMZN Amazon.com Inc. | 5.06% | 355,792 | $66.3M | Add +8.3% |
| META Meta Platforms Inc. Class A | 4.31% | 98,668 | $56.5M | Reduce -0.7% |
| COST Costco Wholesale Corp. | 4.17% | 61,642 | $54.6M | Add +0.8% |
| TXN Texas Instruments Inc. | 3.39% | 215,378 | $44.5M | Add +4.2% |
| JPM JPMorgan Chase & Co. | 3.20% | 199,146 | $42.0M | Add +0.6% |
| LLY Eli Lilly & Co. | 3.16% | 46,716 | $41.4M | Add +0.3% |
| ACN Accenture PLC Class A | 2.97% | 110,284 | $39.0M | Add +0.6% |
| UNH Unitedhealth Group Inc. | 2.97% | 66,666 | $39.0M | Add +2.8% |
| MA Mastercard Inc. Class A | 2.86% | 76,056 | $37.6M | Add +2.3% |
| IJR iShares Core S&P Small-Cap E | 2.63% | 295,371 | $34.5M | Add +12.7% |
| AXP American Express Co. | 2.47% | 119,636 | $32.4M | Add +0.8% |
| HD Home Depot Inc. | 2.45% | 79,155 | $32.1M | Add +3.5% |
| HON Honeywell International Inc. | 2.36% | 149,909 | $31.0M | Add +1.3% |
| MS Morgan Stanley | 2.11% | 265,796 | $27.7M | Add +1.0% |
| JNJ Johnson & Johnson | 2.06% | 166,398 | $27.0M | Add +1.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.98% | 220,629 | $25.9M | Add +0.9% |
| CVX Chevron Corp. | 1.73% | 154,316 | $22.7M | Add +7.1% |
| SPGI S&P Global Inc. | 1.67% | 42,418 | $21.9M | Add +0.7% |
| LMT Lockheed Martin Corp. | 1.57% | 35,309 | $20.6M | Add +8.3% |
| APD Air Products & Chemicals Inc. | 1.51% | 66,521 | $19.8M | Add +3.8% |
| ABT Abbott Laboratories | 1.48% | 169,736 | $19.4M | Add +0.3% |
| ISRG Intuitive Surgical Inc. | 1.44% | 38,462 | $18.9M | Add +5.0% |
| CMG Chipotle Mexican Grill Inc. | 1.37% | 312,884 | $18.0M | Add +0.2% |
| ZTS Zoetis Inc. | 1.27% | 85,061 | $16.6M | Add +1.5% |
| CME Cme Group Inc. | 1.10% | 65,158 | $14.4M | Reduce -0.4% |
| AMAT Applied Materials Inc. | 1.06% | 68,869 | $13.9M | Reduce -2.7% |
| CL Colgate-Palmolive Co. | 0.97% | 122,228 | $12.7M | Add +9.2% |
| STZ Constellation Brands Inc. Class A | 0.93% | 47,089 | $12.1M | Reduce -2.7% |
| ECL Ecolab Inc. | 0.89% | 45,889 | $11.7M | Add +0.6% |
| NFLX Netflix Inc. | 0.56% | 10,329 | $7.3M | Add +8.1% |
| DHR Danaher Corp. | 0.42% | 19,712 | $5.5M | Reduce -16.1% |
| FBND Fidelity Total Bond ETF | 0.30% | 83,527 | $3.9M | Add +6.6% |
| PEP Pepsico Inc. | 0.29% | 22,486 | $3.8M | Reduce -33.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.25% | 7,026 | $3.2M | Add +16.5% |
| IJH iShares Core S&P Midcap ETF | 0.20% | 42,065 | $2.6M | Reduce -3.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 4,359 | $2.5M | Reduce -2.1% |
| PG The Procter & Gamble Co. | 0.18% | 13,338 | $2.3M | Reduce -9.3% |
| EFA iShares MSCI Eafe ETF | 0.17% | 26,127 | $2.2M | Reduce -5.5% |
| IVV iShares Core S&P 500 ETF | 0.15% | 3,492 | $2.0M | Reduce -3.1% |
| XOM Exxon Mobil Corp. | 0.14% | 15,179 | $1.8M | Add +1.1% |
| SCHD Schwab US DVD Equity ETF | 0.13% | 19,547 | $1.7M | Add +1.4% |
| MRK Merck & Co. Inc. | 0.12% | 14,212 | $1.6M | Reduce -3.2% |
| GOOGL Alphabet Inc. Class A | 0.12% | 9,688 | $1.6M | Add +11.5% |
| JPST JPMorgan Ultra-Short Income | 0.10% | 25,524 | $1.3M | Add +8.6% |
| PNC PNC Financial Services Group | 0.09% | 6,383 | $1.2M | Reduce -5.9% |
| ROP Roper Technologies Inc. | 0.08% | 1,995 | $1.1M | Reduce -12.3% |
| MCO Moody's Corp. | 0.08% | 2,182 | $1.0M | Reduce -1.0% |
| TCHP T Rowe Price Blue Chip Growt | 0.08% | 25,316 | $1.0M | Add +37.8% |
| VIG Vanguard Dividend Apprec ETF | 0.07% | 4,914 | $973K | Reduce -14.1% |
| UNP Union Pacific Corp. | 0.07% | 3,874 | $955K | Reduce -1.9% |
| SHW The Sherwin-Williams Co. | 0.07% | 2,408 | $919K | Reduce -5.5% |
| AON Aon PLC Class A | 0.07% | 2,644 | $915K | Reduce -0.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.07% | 1,820 | $888K | Reduce -12.6% |
| NEE Nextera Energy Inc. | 0.07% | 10,245 | $866K | Reduce -2.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.06% | 3,597 | $795K | Reduce -5.0% |
| ORCL Oracle Corp. | 0.06% | 4,493 | $766K | Add +3.0% |
| TSLA Tesla Inc. | 0.06% | 2,909 | $761K | Reduce -1.8% |
| ADP Automatic Data Processing | 0.06% | 2,696 | $746K | Reduce -0.0% |
| SBUX Starbucks Corp. | 0.05% | 7,265 | $708K | Reduce -14.8% |
| VOO Vanguard S&P 500 ETF | 0.05% | 1,305 | $689K | Add +16.3% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.05% | 11,776 | $674K | Add +2.4% |
| VZ Verizon Communications Inc. | 0.05% | 14,732 | $662K | Reduce -3.3% |
| KO The Coca-Cola Co. | 0.05% | 8,946 | $643K | Reduce -7.0% |
| CSCO Cisco Systems Inc. | 0.05% | 11,814 | $629K | Reduce -6.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.05% | 7,526 | $608K | Reduce -3.3% |
| QCOM Qualcomm Inc. | 0.05% | 3,485 | $593K | No change |
| PFE Pfizer Inc. | 0.04% | 19,380 | $561K | Reduce -2.9% |
| WMT Walmart Inc. | 0.04% | 6,337 | $512K | Reduce -4.5% |
| MUB iShares National Muni Bond E | 0.04% | 4,686 | $509K | Reduce -2.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.04% | 5,209 | $501K | Reduce -0.9% |
| MCD McDonald's Corp. | 0.04% | 1,627 | $495K | Reduce -21.9% |
| CTAS Cintas Corp. | 0.04% | 2,352 | $484K | Add +0.9% |
| TRMK Trustmark Corp. | 0.03% | 14,028 | $446K | Reduce -2.8% |
| BBY Best Buy Co. Inc. | 0.03% | 4,252 | $439K | Reduce -2.2% |
| IJS iShares S&P Small-Cap 600 Va | 0.03% | 3,995 | $430K | Reduce -3.5% |
| ADBE Adobe Inc. | 0.03% | 827 | $428K | Reduce -5.8% |
| TMO Thermo Fisher Scientific Inc. | 0.03% | 646 | $400K | Reduce -5.7% |
| VMC Vulcan Materials Co. | 0.03% | 1,554 | $389K | No change |
| JEF Jefferies Financial Group Inc. | 0.03% | 6,316 | $389K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.03% | 1,363 | $386K | Reduce -16.3% |
| GE General Electric filed as GE AEROSPACE | 0.03% | 2,012 | $379K | Reduce -8.3% |
| IWB iShares Russell 1000 ETF | 0.03% | 1,200 | $377K | No change |
| ABBV Abbvie Inc. | 0.03% | 1,840 | $363K | Reduce -10.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.03% | 1,503 | $357K | Reduce -45.0% |
| VEA Vanguard Ftse Developed ETF | 0.03% | 6,738 | $356K | Reduce -30.1% |
| IXUS iShares Core Intl Stock ETF | 0.03% | 4,718 | $343K | Add +18.3% |
| T AT&T Inc. | 0.03% | 15,102 | $332K | Reduce -8.6% |
| MDT Medtronic PLC | 0.02% | 3,565 | $321K | Reduce -21.3% |
| AVGO Broadcom Inc. | 0.02% | 1,763 | $304K | Reduce -15.2% |
| V Visa Inc. Class A | 0.02% | 1,083 | $298K | Add +1.6% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.02% | 3,449 | $296K | Reduce -2.5% |
| CAT Caterpillar Inc. | 0.02% | 753 | $295K | Reduce -39.5% |
| PLD Prologis Inc. | 0.02% | 2,310 | $292K | Reduce -3.5% |
| IDXX Idexx Laboratories Inc. | 0.02% | 568 | $287K | No change |
| BN Brookfield Corp. | 0.02% | 5,267 | $280K | New |
| AMT American Tower Corp. | 0.02% | 1,164 | $271K | Reduce -0.4% |
Portfolio Sells Q2 2024 → Q3 2024
| AMAT Applied Materials Inc. | Reduce -2.7% | 1.06% | −0.29 |
| PEP Pepsico Inc. | Reduce -33.3% | 0.29% | −0.16 |
| STZ Constellation Brands Inc. Class A | Reduce -2.7% | 0.93% | −0.08 |
| DHR Danaher Corp. | Reduce -16.1% | 0.42% | −0.06 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -63.3% | 0.02% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.03 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -3.2% | 0.12% | −0.02 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -45.0% | 0.03% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -9.3% | 0.18% | −0.02 |
| ROP Roper Technologies Inc. | Reduce -12.3% | 0.08% | −0.02 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.02 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.02 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -12.6% | 0.07% | −0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -38.2% | 0.02% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -30.1% | 0.03% | −0.01 |
| CAT Caterpillar Inc. | Reduce -39.5% | 0.02% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -14.1% | 0.07% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -5.5% | 0.17% | −0.01 |
| ADBE Adobe Inc. | Reduce -5.8% | 0.03% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -3.1% | 0.15% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -3.1% | 0.20% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -16.3% | 0.03% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.1% | 0.19% | −0.01 |
| MCD McDonald's Corp. | Reduce -21.9% | 0.04% | −0.01 |
| MDT Medtronic PLC | Reduce -21.3% | 0.02% | −0.00 |
| DIS The Walt Disney Co. | Reduce -0.9% | 0.04% | −0.00 |
| AVGO Broadcom Inc. | Reduce -15.2% | 0.02% | −0.00 |
| F Ford Motor Co. | Reduce -3.6% | 0.01% | −0.00 |
| MUB iShares National Muni Bond E | Reduce -2.6% | 0.04% | −0.00 |
| QUAL iShares MSCI USA Quality Fac | Reduce -12.0% | 0.02% | −0.00 |
| PFE Pfizer Inc. | Reduce -2.9% | 0.04% | −0.00 |
| TRMK Trustmark Corp. | Reduce -2.8% | 0.03% | −0.00 |
| ABBV Abbvie Inc. | Reduce -10.9% | 0.03% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -6.2% | 0.05% | −0.00 |
| KO The Coca-Cola Co. | Reduce -7.0% | 0.05% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -3.3% | 0.05% | −0.00 |
| T AT&T Inc. | Reduce -8.6% | 0.03% | −0.00 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.7% | 0.03% | −0.00 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -3.5% | 0.03% | +0.00 |
| SBUX Starbucks Corp. | Reduce -14.8% | 0.05% | +0.00 |
| UNP Union Pacific Corp. | Reduce -1.9% | 0.07% | +0.00 |
| PLD Prologis Inc. | Reduce -3.5% | 0.02% | +0.00 |
| GE General Electric | Reduce -8.3% | 0.03% | +0.00 |
| CF CF Industries Holdings Inc. | Reduce -2.5% | 0.02% | +0.00 |
| AMT American Tower Corp. | Reduce -0.4% | 0.02% | +0.00 |
| WMT Walmart Inc. | Reduce -4.5% | 0.04% | +0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| IJR iShares Core S&P Small-Cap E | Add +12.7% | 2.63% | +0.37 |
| AAPL Apple Inc. | Add +0.3% | 8.99% | +0.37 |
| LMT Lockheed Martin Corp. | Add +8.3% | 1.57% | +0.34 |
| HD Home Depot Inc. | Add +3.5% | 2.45% | +0.31 |
| UNH Unitedhealth Group Inc. | Add +2.8% | 2.97% | +0.29 |
| ACN Accenture PLC Class A | Add +0.6% | 2.97% | +0.27 |
| AXP American Express Co. | Add +0.8% | 2.47% | +0.25 |
| MA Mastercard Inc. Class A | Add +2.3% | 2.86% | +0.20 |
| APD Air Products & Chemicals Inc. | Add +3.8% | 1.51% | +0.17 |
| SPGI S&P Global Inc. | Add +0.7% | 1.67% | +0.15 |
| TXN Texas Instruments Inc. | Add +4.2% | 3.39% | +0.13 |
| ISRG Intuitive Surgical Inc. | Add +5.0% | 1.44% | +0.12 |
| JNJ Johnson & Johnson | Add +1.2% | 2.06% | +0.11 |
| ZTS Zoetis Inc. | Add +1.5% | 1.27% | +0.09 |
| CL Colgate-Palmolive Co. | Add +9.2% | 0.97% | +0.09 |
| ABT Abbott Laboratories | Add +0.3% | 1.48% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +16.5% | 0.25% | +0.05 |
| MS Morgan Stanley | Add +1.0% | 2.11% | +0.04 |
| NFLX Netflix Inc. | Add +8.1% | 0.56% | +0.04 |
| TJX TJX Companies Inc. | Add +0.9% | 1.98% | +0.02 |
| BN Brookfield Corp. | New | 0.02% | +0.02 |
| TCHP T Rowe Price Blue Chip Growt | Add +37.8% | 0.08% | +0.02 |
| NSC Norfolk Southern Corp. | New | 0.02% | +0.02 |
| LOW Lowe's Cos Inc. | New | 0.02% | +0.02 |
| MKL Markel Group Inc. | New | 0.02% | +0.02 |
| VCIT Vanguard Int-Term Corporate | New | 0.02% | +0.02 |
| ECL Ecolab Inc. | Add +0.6% | 0.89% | +0.01 |
| FBND Fidelity Total Bond ETF | Add +6.6% | 0.30% | +0.01 |
| ORCL Oracle Corp. | Add +3.0% | 0.06% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +16.3% | 0.05% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +1.4% | 0.13% | +0.00 |
| IXUS iShares Core Intl Stock ETF | Add +18.3% | 0.03% | +0.00 |
| CTAS Cintas Corp. | Add +0.9% | 0.04% | +0.00 |
| JPST JPMorgan Ultra-Short Income | Add +8.6% | 0.10% | +0.00 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +2.4% | 0.05% | +0.00 |
| V Visa Inc. Class A | Add +1.6% | 0.02% | 0.00 |
| XOM Exxon Mobil Corp. | Add +1.1% | 0.14% | −0.00 |
| GOOGL Alphabet Inc. Class A | Add +11.5% | 0.12% | −0.01 |
| EW Edwards Lifesciences Corp. | Add +1.6% | 0.02% | −0.01 |
| JPM JPMorgan Chase & Co. | Add +0.6% | 3.20% | −0.05 |
| COST Costco Wholesale Corp. | Add +0.8% | 4.17% | −0.05 |
| AMZN Amazon.com Inc. | Add +8.3% | 5.06% | −0.09 |
| CVX Chevron Corp. | Add +7.1% | 1.73% | −0.10 |
| HON Honeywell International Inc. | Add +1.3% | 2.36% | −0.20 |
| CMG Chipotle Mexican Grill Inc. | Add +0.2% | 1.37% | −0.21 |
| LLY Eli Lilly & Co. | Add +0.3% | 3.16% | −0.27 |
| NVDA Nvidia Corp. | Add +1.0% | 6.69% | −0.48 |
| GOOG Alphabet Inc. Class C | Add +2.4% | 5.08% | −0.71 |
| MSFT Microsoft Corp. | Add +1.0% | 8.36% | −0.79 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 127 | $1.7B | AAPL, GOOG, NVDA, AMZN, MSFT |
| Q1 2026 | 119 | $1.5B | AAPL, GOOG, NVDA, MSFT, AMZN |
| Q4 2025 | 116 | $1.6B | AAPL, GOOG, MSFT, NVDA, AMZN |
| Q3 2025 | 114 | $1.5B | NVDA, MSFT, AAPL, GOOG, AMZN |
| Q2 2025 | 116 | $1.5B | MSFT, NVDA, AAPL, AMZN, GOOG |
| Q1 2025 | 120 | $1.3B | AAPL, MSFT, NVDA, AMZN, GOOG |
| Q4 2024 | 115 | $1.4B | AAPL, MSFT, NVDA, AMZN, GOOG |
| Q3 2024 | 111 | $1.3B | AAPL, MSFT, NVDA, GOOG, AMZN |
| Q2 2024 | 113 | $1.2B | MSFT, AAPL, NVDA, GOOG, AMZN |
| Q1 2024 | 106 | $1.1B | MSFT, AAPL, NVDA, GOOG, AMZN |