Maple Capital Management, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), Maple Capital Management, Inc. reported 119 stock positions worth $1.5 billion. Its top holding was Apple (AAPL) at 8.8% of the portfolio, followed by Alphabet Class C (GOOG, 8.1%) and Nvidia (NVDA, 7.7%). Compared with Q4 2025, it opened 7 new positions, sold out of 4, added to 25 and reduced 75. The biggest buy was a new position in iShares Core MSCI Emerging (IEMG) and the biggest sale Microsoft (MSFT, shares −1%).

Most Recent 13F
Q2 2026
Location
MONTPELIER, VT
CIK
0001313893
Portfolio Value
$1.5B (Q1 2026)
SEC Filing
0001313893-26-000004 ↗ filed May 8, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $1.5B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.5B $1.5B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 119 stocks · $1.5B
AAPL Apple Inc. 8.77% 516,417 $131.1M Reduce -1.6%
GOOG Alphabet Inc. Class C 8.10% 421,743 $121.0M Reduce -5.0%
NVDA Nvidia Corp. 7.68% 657,502 $114.7M Reduce -1.1%
MSFT Microsoft Corp. 6.45% 260,502 $96.4M Reduce -0.6%
AMZN Amazon.com Inc. 5.73% 410,972 $85.6M Add +0.5%
COST Costco Wholesale Corp. 4.24% 63,594 $63.4M Reduce -1.4%
META Meta Platforms Inc. Class A 3.81% 99,476 $56.9M Reduce -1.1%
IJR iShares Core S&P Small-Cap E 3.22% 387,501 $48.2M Add +0.2%
JPM JPMorgan Chase & Co. 3.14% 159,664 $47.0M Reduce -14.0%
TXN Texas Instruments Inc. 3.08% 236,895 $46.0M Reduce -0.8%
LLY Eli Lilly & Co. 2.92% 47,451 $43.6M Reduce -1.6%
JNJ Johnson & Johnson 2.81% 171,979 $42.0M Reduce -1.6%
MA Mastercard Inc. Class A 2.74% 81,915 $40.9M Reduce -0.7%
CVX Chevron Corp. 2.48% 178,720 $37.0M Add +0.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 2.40% 224,234 $35.8M Reduce -1.6%
HON Honeywell International Inc. 2.36% 156,227 $35.3M Reduce -0.9%
AMAT Applied Materials Inc. 2.26% 98,929 $33.8M Add +0.3%
MS Morgan Stanley 2.00% 181,370 $29.8M Reduce -18.2%
AVGO Broadcom Inc. 1.80% 86,656 $26.8M Add +9.5%
HD Home Depot Inc. 1.70% 77,265 $25.4M Reduce -12.2%
GE General Electric filed as GE AEROSPACE 1.65% 86,926 $24.7M Add +1.2%
AXP American Express Co. 1.48% 73,228 $22.1M Reduce -27.3%
ACN Accenture PLC Class A 1.48% 111,540 $22.1M Reduce -2.1%
APD Air Products & Chemicals Inc. 1.46% 75,318 $21.9M Add +0.2%
IEMG iShares Core MSCI Emerging 1.27% 272,717 $19.0M New
CME Cme Group Inc. 1.24% 62,883 $18.6M Reduce -2.6%
SPGI S&P Global Inc. 1.21% 42,573 $18.1M Reduce -1.5%
ABT Abbott Laboratories 1.16% 168,652 $17.3M Reduce -1.7%
ISRG Intuitive Surgical Inc. 1.13% 36,563 $16.9M Reduce -2.2%
CL Colgate-Palmolive Co. 1.03% 180,417 $15.4M Add +1.3%
ECL Ecolab Inc. 0.83% 46,394 $12.3M Reduce -2.4%
CMG Chipotle Mexican Grill Inc. 0.79% 369,168 $11.8M Add +0.0%
TSM Taiwan Semiconductor-SP ADR 0.79% 34,837 $11.8M New
NFLX Netflix Inc. 0.77% 119,957 $11.5M Add +1.0%
ZTS Zoetis Inc. 0.69% 86,885 $10.3M Reduce -1.9%
UBER Uber Technologies Inc. 0.58% 121,287 $8.7M Add +0.7%
MSCI MSCI Inc. 0.48% 13,324 $7.2M Add +11.8%
FBND Fidelity Total Bond ETF 0.34% 110,606 $5.0M Add +4.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.20% 4,577 $3.0M Add +1.6%
SPYM Ste STR SPDR PT S&P 500 ETF 0.20% 38,086 $2.9M Add +16.3%
XOM Exxon Mobil Corp. 0.18% 15,830 $2.7M Add +11.7%
BRK.B Berkshire Hathaway Inc. Class B 0.17% 5,425 $2.6M Reduce -1.6%
GOOGL Alphabet Inc. Class A 0.17% 8,846 $2.5M Reduce -10.0%
EFA iShares MSCI Eafe ETF 0.17% 25,581 $2.5M Add +0.8%
IJH iShares Core S&P Midcap ETF 0.14% 31,690 $2.1M Reduce -3.4%
IVV iShares Core S&P 500 ETF 0.14% 3,188 $2.1M Reduce -7.9%
JPST JPMorgan Ultra-Short Income 0.12% 34,787 $1.8M Add +5.0%
GLW Corning Inc. 0.11% 11,662 $1.6M Reduce -18.2%
VOO Vanguard S&P 500 ETF 0.09% 2,224 $1.3M Reduce -0.5%
IXUS iShares Core Intl Stock ETF 0.09% 14,686 $1.3M Reduce -4.3%
PG The Procter & Gamble Co. 0.08% 8,418 $1.2M Reduce -8.6%
TSLA Tesla Inc. 0.08% 3,195 $1.2M Add +1.8%
QQQ Invesco QQQ Trust Series 1 0.07% 1,871 $1.1M Reduce -12.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 4,219 $1.0M Add +32.6%
MRK Merck & Co. Inc. 0.07% 8,393 $1.0M Reduce -8.9%
VIG Vanguard Dividend Apprec ETF 0.07% 4,623 $994K Reduce -2.6%
MCD McDonald's Corp. 0.06% 2,983 $927K Reduce -4.1%
CAT Caterpillar Inc. 0.06% 1,206 $855K Add +47.8%
ABBV Abbvie Inc. 0.06% 3,801 $827K Reduce -2.3%
UNP Union Pacific Corp. 0.06% 3,390 $822K Reduce -3.3%
PNC PNC Financial Services Group 0.05% 3,818 $794K Reduce -1.4%
BRK.A Berkshire Hathaway Inc. Class A 0.05% 1 $718K No change
CSCO Cisco Systems Inc. 0.04% 8,551 $663K Reduce -6.2%
SHW The Sherwin-Williams Co. 0.04% 2,053 $658K No change
V Visa Inc. Class A 0.04% 2,109 $638K Reduce -1.6%
DHR Danaher Corp. 0.04% 3,330 $631K Reduce -38.7%
NEE Nextera Energy Inc. 0.04% 6,691 $621K Reduce -1.1%
TCHP T Rowe Price Blue Chip Growt 0.04% 13,927 $615K Reduce -24.8%
ORCL Oracle Corp. 0.04% 3,913 $576K Add +3.9%
KO The Coca-Cola Co. 0.04% 7,402 $563K Reduce -14.8%
TRMK Trustmark Corp. 0.04% 13,213 $557K Reduce -4.3%
VTI VG Morningstar TS MKT ETF-US 0.04% 1,698 $545K Reduce -8.9%
MCO Moody's Corp. 0.04% 1,225 $534K Reduce -40.5%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.03% 10,573 $485K Reduce -1.6%
PEP Pepsico Inc. 0.03% 3,090 $480K Reduce -36.2%
SCHD Schwab US DVD Equity ETF 0.03% 15,422 $473K Reduce -18.2%
DGX Quest Diagnostics Inc. 0.03% 2,313 $453K Reduce -24.7%
LOW Lowe's Cos Inc. 0.03% 1,917 $453K Reduce -4.3%
ACWX iShares MSCI Acwi Ex US ETF 0.03% 6,558 $449K Reduce -6.8%
IJS iShares S&P Small-Cap 600 Va 0.03% 3,695 $438K No change
IWB iShares Russell 1000 ETF 0.03% 1,187 $423K Reduce -5.9%
WM Waste Management Inc. 0.03% 1,783 $410K No change
EW Edwards Lifesciences Corp. 0.03% 4,980 $399K Add +29.4%
WMT Walmart Inc. 0.03% 3,205 $398K Reduce -11.4%
WEC WEC Energy Group Inc. 0.03% 3,367 $390K No change
MUB iShares National Muni Bond E 0.03% 3,597 $382K Reduce -5.0%
PM Philip Morris International 0.03% 2,297 $380K Reduce -16.6%
VZ Verizon Communications Inc. 0.03% 7,561 $380K Reduce -14.4%
ADP Automatic Data Processing 0.03% 1,851 $376K Reduce -18.2%
MDT Medtronic PLC 0.02% 4,116 $357K Reduce -10.7%
GEV GE Vernova Inc. 0.02% 398 $347K Add +11.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.02% 721 $315K No change
CWT California Water Service Grp 0.02% 6,667 $302K No change
TT Trane Technologies PLC 0.02% 724 $302K Reduce -1.4%
IEFA iShares Core MSCI Eafe ETF 0.02% 3,081 $279K Add +1.9%
QCOM Qualcomm Inc. 0.02% 2,137 $275K Reduce -19.5%
TMO Thermo Fisher Scientific Inc. 0.02% 554 $272K No change
ROK Rockwell Automation Inc. 0.02% 753 $270K No change
CF CF Industries Holdings Inc. 0.02% 2,051 $266K New
IDXX Idexx Laboratories Inc. 0.02% 469 $264K Reduce -12.0%
JEF Jefferies Financial Group Inc. 0.02% 6,316 $261K No change
LMT Lockheed Martin Corp. 0.02% 399 $241K Reduce -38.7%
QUAL iShares MSCI USA Quality Fac 0.02% 1,237 $237K Reduce -4.5%
PLD Prologis Inc. 0.02% 1,769 $234K Reduce -7.8%
ROP Roper Technologies Inc. 0.02% 640 $226K Reduce -26.4%
QXO Qxo Inc. 0.01% 11,445 $222K Reduce -4.5%
VEA Vanguard Ftse Developed ETF 0.01% 3,403 $218K Reduce -4.9%
IWD iShares Russell 1000 Value E 0.01% 1,018 $218K No change
UNH Unitedhealth Group Inc. 0.01% 791 $214K Reduce -37.7%
AMGN Amgen Inc. 0.01% 606 $213K New
COF Capital One Financial Corp. 0.01% 1,147 $209K Reduce -11.2%
IVW iShares S&P 500 Growth ETF 0.01% 1,832 $207K Reduce -0.9%
RTX RTX Corp. 0.01% 1,073 $207K New
PFE Pfizer Inc. 0.01% 7,257 $204K Reduce -15.1%
LIN Linde PLC 0.01% 411 $204K New
BBY Best Buy Co. Inc. 0.01% 3,130 $201K No change
NSC Norfolk Southern Corp. 0.01% 699 $201K Reduce -1.4%
T AT&T Inc. 0.01% 6,909 $200K New
F Ford Motor Co. filed as FORD MTR CO 0.01% 11,400 $132K Reduce -23.9%

Portfolio Sells Q4 2025 → Q1 2026
MSFT Microsoft Corp. Reduce -0.6% 6.45% −1.53
AXP American Express Co. Reduce -27.3% 1.48% −0.86
GOOG Alphabet Inc. Class C Reduce -5.0% 8.10% −0.67
JPM JPMorgan Chase & Co. Reduce -14.0% 3.14% −0.62
MS Morgan Stanley Reduce -18.2% 2.00% −0.48
ACN Accenture PLC Class A Reduce -2.1% 1.48% −0.44
META Meta Platforms Inc. Class A Reduce -1.1% 3.81% −0.37
LLY Eli Lilly & Co. Reduce -1.6% 2.92% −0.34
MA Mastercard Inc. Class A Reduce -0.7% 2.74% −0.23
SPGI S&P Global Inc. Reduce -1.5% 1.21% −0.21
AAPL Apple Inc. Reduce -1.6% 8.77% −0.21
HD Home Depot Inc. Reduce -12.2% 1.70% −0.20
ISRG Intuitive Surgical Inc. Reduce -2.2% 1.13% −0.20
ABT Abbott Laboratories Reduce -1.7% 1.16% −0.19
NVDA Nvidia Corp. Reduce -1.1% 7.68% −0.13
DHR Danaher Corp. Reduce -38.7% 0.04% −0.04
MCO Moody's Corp. Reduce -40.5% 0.04% −0.03
VMC Vulcan Materials Co. Sold out 0.00% −0.03
GOOGL Alphabet Inc. Class A Reduce -10.0% 0.17% −0.02
DIS The Walt Disney Co. Sold out 0.00% −0.02
TCHP T Rowe Price Blue Chip Growt Reduce -24.8% 0.04% −0.02
SHOP Shopify Inc. Class A Sold out 0.00% −0.01
DIA SS SPDR Dow Jones Indus Avg Sold out 0.00% −0.01
ZTS Zoetis Inc. Reduce -1.9% 0.69% −0.01
UNH Unitedhealth Group Inc. Reduce -37.7% 0.01% −0.01
PEP Pepsico Inc. Reduce -36.2% 0.03% −0.01
ADP Automatic Data Processing Reduce -18.2% 0.03% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -12.3% 0.07% −0.01
QCOM Qualcomm Inc. Reduce -19.5% 0.02% −0.01
IVV iShares Core S&P 500 ETF Reduce -7.9% 0.14% −0.01
ROP Roper Technologies Inc. Reduce -26.4% 0.02% −0.01
COF Capital One Financial Corp. Reduce -11.2% 0.01% −0.01
IDXX Idexx Laboratories Inc. Reduce -12.0% 0.02% −0.01
V Visa Inc. Class A Reduce -1.6% 0.04% −0.00
MDT Medtronic PLC Reduce -10.7% 0.02% −0.00
LMT Lockheed Martin Corp. Reduce -38.7% 0.02% −0.00
F Ford Motor Co. Reduce -23.9% 0.01% −0.00
DGX Quest Diagnostics Inc. Reduce -24.7% 0.03% −0.00
VTI VG Morningstar TS MKT ETF-US Reduce -8.9% 0.04% −0.00
PM Philip Morris International Reduce -16.6% 0.03% −0.00
PG The Procter & Gamble Co. Reduce -8.6% 0.08% −0.00
IWB iShares Russell 1000 ETF Reduce -5.9% 0.03% −0.00
SCHD Schwab US DVD Equity ETF Reduce -18.2% 0.03% −0.00
ABBV Abbvie Inc. Reduce -2.3% 0.06% −0.00
KO The Coca-Cola Co. Reduce -14.8% 0.04% −0.00
IVW iShares S&P 500 Growth ETF Reduce -0.9% 0.01% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.6% 0.17% −0.00
QUAL iShares MSCI USA Quality Fac Reduce -4.5% 0.02% −0.00
LOW Lowe's Cos Inc. Reduce -4.3% 0.03% −0.00
MUB iShares National Muni Bond E Reduce -5.0% 0.03% 0.00

Portfolio Buys Q4 2025 → Q1 2026
IEMG iShares Core MSCI Emerging New 1.27% +1.27
TSM Taiwan Semiconductor-SP ADR New 0.79% +0.79
CVX Chevron Corp. Add +0.0% 2.48% +0.76
AMAT Applied Materials Inc. Add +0.3% 2.26% +0.67
IJR iShares Core S&P Small-Cap E Add +0.2% 3.22% +0.30
APD Air Products & Chemicals Inc. Add +0.2% 1.46% +0.30
CL Colgate-Palmolive Co. Add +1.3% 1.03% +0.14
XOM Exxon Mobil Corp. Add +11.7% 0.18% +0.07
AVGO Broadcom Inc. Add +9.5% 1.80% +0.07
NFLX Netflix Inc. Add +1.0% 0.77% +0.07
MSCI MSCI Inc. Add +11.8% 0.48% +0.05
SPYM Ste STR SPDR PT S&P 500 ETF Add +16.3% 0.20% +0.03
FBND Fidelity Total Bond ETF Add +4.0% 0.34% +0.03
CAT Caterpillar Inc. Add +47.8% 0.06% +0.03
CF CF Industries Holdings Inc. New 0.02% +0.02
AMGN Amgen Inc. New 0.01% +0.01
RTX RTX Corp. New 0.01% +0.01
LIN Linde PLC New 0.01% +0.01
T AT&T Inc. New 0.01% +0.01
EFA iShares MSCI Eafe ETF Add +0.8% 0.17% +0.01
JPST JPMorgan Ultra-Short Income Add +5.0% 0.12% +0.01
IBM Intl Business Machines Corp. Add +32.6% 0.07% +0.01
GEV GE Vernova Inc. Add +11.8% 0.02% +0.01
EW Edwards Lifesciences Corp. Add +29.4% 0.03% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +1.6% 0.20% +0.01
IEFA iShares Core MSCI Eafe ETF Add +1.9% 0.02% +0.00
ORCL Oracle Corp. Add +3.9% 0.04% −0.01
TSLA Tesla Inc. Add +1.8% 0.08% −0.01
GE General Electric Add +1.2% 1.65% −0.01
UBER Uber Technologies Inc. Add +0.7% 0.58% −0.04
CMG Chipotle Mexican Grill Inc. Add +0.0% 0.79% −0.07
AMZN Amazon.com Inc. Add +0.5% 5.73% −0.21

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 127$1.7BAAPL, GOOG, NVDA, AMZN, MSFT
Q1 2026 119$1.5BAAPL, GOOG, NVDA, MSFT, AMZN
Q4 2025 116$1.6BAAPL, GOOG, MSFT, NVDA, AMZN
Q3 2025 114$1.5BNVDA, MSFT, AAPL, GOOG, AMZN
Q2 2025 116$1.5BMSFT, NVDA, AAPL, AMZN, GOOG
Q1 2025 120$1.3BAAPL, MSFT, NVDA, AMZN, GOOG
Q4 2024 115$1.4BAAPL, MSFT, NVDA, AMZN, GOOG
Q3 2024 111$1.3BAAPL, MSFT, NVDA, GOOG, AMZN
Q2 2024 113$1.2BMSFT, AAPL, NVDA, GOOG, AMZN
Q1 2024 106$1.1BMSFT, AAPL, NVDA, GOOG, AMZN