Mathes Company, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 2, 2024), Mathes Company, Inc. reported 127 stock positions worth $264.4 million. Its top holding was iShares Expanded Tech Sector (IGM) at 5.4% of the portfolio, followed by Apple (AAPL, 4.4%) and Nvidia (NVDA, 4.4%). Compared with Q4 2023, it opened 5 new positions, sold out of 2, added to 22 and reduced 45. The biggest buy was a new position in Wabtec (WAB) and the biggest sale Boeing (BA, shares −85%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001389223
Portfolio Value
$264.4M (Q1 2024)
SEC Filing
0001999371-24-005568 ↗ filed May 2, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $264.4M $264.4M Q1 2024 Q2 2024: $273.1M Q2 2024 Q3 2024: $280.7M Q3 2024 Q4 2024: $271.9M Q4 2024 Q1 2025: $243.8M Q1 2025 Q2 2025: $267.7M Q2 2025 Q3 2025: $276.2M Q3 2025 Q4 2025: $278.9M Q4 2025 Q1 2026: $272.7M Q1 2026 Q2 2026: $320.8M Q2 2026

Holdings 127 stocks · $264.4M
IGM iShares Expanded Tech Sector 5.36% 164,496 $14.2M No change
AAPL Apple Inc. 4.42% 68,161 $11.7M Reduce -2.5%
NVDA Nvidia Corp. 4.38% 12,822 $11.6M Reduce -8.0%
AMZN Amazon.com Inc. 4.02% 58,990 $10.6M Reduce -1.2%
GOOGL Alphabet Inc. Class A 3.10% 54,247 $8.2M Reduce -1.9%
VUG Vanguard Mrngstar GR ETF-Sui 3.02% 23,220 $8.0M No change
MSFT Microsoft Corp. 2.82% 17,712 $7.5M Reduce -2.4%
VTI VG Morningstar TS MKT ETF-US 2.57% 26,140 $6.8M Add +0.6%
PH Parker Hannifin Corp. 2.33% 11,083 $6.2M Reduce -4.7%
GE General Electric 2.32% 34,973 $6.1M Reduce -0.3%
CAT Caterpillar Inc. 2.31% 16,673 $6.1M Reduce -1.0%
IGV iShares Expanded Tech-Softwa 2.11% 65,375 $5.6M Add +3.8%
IWF iShares Russell 1000 Growth 2.08% 16,350 $5.5M No change
KLAC KLA Corp. 2.01% 7,605 $5.3M Reduce -4.4%
JPM JPMorgan Chase & Co. 1.90% 25,043 $5.0M Reduce -0.2%
XLK SS Technology Select Sector 1.76% 22,400 $4.7M Reduce -0.7%
NOW ServiceNow Inc. 1.74% 6,025 $4.6M Reduce -6.7%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 1.71% 15,790 $4.5M Add +0.3%
MA Mastercard Inc. Class A 1.67% 9,171 $4.4M Reduce -1.1%
DE Deere & Co. 1.62% 10,425 $4.3M Reduce -0.2%
PEP Pepsico Inc. 1.52% 22,976 $4.0M Add +0.5%
VLO Valero Energy Corp. 1.48% 22,970 $3.9M Reduce -1.8%
AXP American Express Co. 1.48% 17,200 $3.9M Reduce -0.7%
FDX FedEx Corp. 1.44% 13,140 $3.8M Reduce -0.8%
IWP iShares Russell Mid-Cap Grow 1.30% 30,180 $3.4M No change
WAB Wabtec Corp. 1.28% 23,305 $3.4M New
DHR Danaher Corp. 1.28% 13,585 $3.4M Reduce -0.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.22% 13,461 $3.2M No change
EOG EOG Resources Inc. 1.21% 25,059 $3.2M Add +0.1%
JNJ Johnson & Johnson 1.20% 20,049 $3.2M Reduce -0.3%
XLY SS Consumer Disc Select Sect 1.15% 16,600 $3.1M No change
SLY SPDR S&P 600 Small Cap ETF 1.15% 70,682 $3.0M No change
IHI iShares U.S. Medical Devices 1.12% 50,700 $3.0M No change
EMR Emerson Electric Co. 1.04% 24,325 $2.8M Reduce -0.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.98% 4,930 $2.6M Reduce -0.8%
JM Smucker Company 0.93% 19,590 $2.5M No change
IWM iShares Russell 2000 ETF 0.93% 11,675 $2.5M Reduce -2.5%
APD Air Products & Chemicals Inc. 0.91% 9,934 $2.4M Reduce -1.2%
KO The Coca-Cola Co. 0.82% 35,245 $2.2M Add +0.4%
MKC McCormick & Co.-Non VTG SHRS 0.76% 26,152 $2.0M Add +1.8%
COST Costco Wholesale Corp. 0.71% 2,554 $1.9M Add +6.2%
QQQ Invesco QQQ Trust Series 1 0.71% 4,210 $1.9M Reduce -2.3%
T AT&T Inc. 0.68% 102,644 $1.8M Reduce -0.5%
PFF iShares Preferred & Income S 0.67% 55,050 $1.8M Add +4.6%
MDY State Street SPDR S&P Midcap 0.66% 3,150 $1.8M No change
VZ Verizon Communications Inc. 0.65% 40,950 $1.7M No change
STT State Street Corp. 0.62% 21,275 $1.6M Add +0.5%
BCAT BlackRock Capital Alloc TR 0.59% 93,500 $1.6M Reduce -2.4%
XT Ishar Fture Exp Tech ETF-Usd 0.57% 25,425 $1.5M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.57% 39,900 $1.5M Add +0.5%
GEHC GE Healthcare Technology 0.52% 15,170 $1.4M Reduce -0.6%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.52% 5,820 $1.4M No change
GOOG Alphabet Inc. Class C 0.48% 8,422 $1.3M Reduce -6.2%
GXO Gxo Logistics Inc. 0.48% 23,800 $1.3M Add +2.5%
EIM Eaton Vance Municipal Bond 0.48% 121,734 $1.3M No change
NUV Nuveen Municipal Value 0.45% 137,500 $1.2M Add +3.8%
IYY iShares Dow Jones U.S. ETF 0.44% 9,000 $1.2M No change
NFLX Netflix Inc. 0.41% 1,800 $1.1M Reduce -7.7%
VXF Vanguard Extended Market ETF 0.39% 5,950 $1.0M No change
PFE Pfizer Inc. 0.39% 37,500 $1.0M Add +19.4%
AMGN Amgen Inc. 0.39% 3,630 $1.0M Reduce -1.4%
XBI SS SPDR S&P Biotech ETF 0.38% 10,715 $1.0M Add +89.1%
SDY SS SPDR S&P Dividend ETF 0.38% 7,740 $1.0M No change
XLE SS Energy Select Sector 0.35% 9,900 $935K Reduce -2.9%
SMH Vaneck Semiconductor ETF 0.35% 4,090 $920K Reduce -2.4%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.35% 16,700 $915K Add +212.2%
MRK Merck & Co. Inc. 0.33% 6,550 $864K No change
CRM Salesforce Inc. 0.32% 2,825 $851K No change
ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU 0.31% 14,175 $831K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.30% 9,950 $798K No change
IBB iShares Biotechnology ETF 0.30% 5,765 $791K No change
ED Consolidated Edison Inc. 0.29% 8,533 $775K No change
IWS iShares Russell Mid-Cap Valu 0.28% 5,995 $751K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.28% 6,115 $748K No change
BX Blackstone Inc. 0.26% 5,328 $700K No change
XLP SS Consumer Staples Sel Sect 0.26% 9,050 $691K No change
BFK BlackRock Municipal Inc. TRST 0.26% 66,500 $687K No change
XOM Exxon Mobil Corp. 0.26% 5,888 $684K Reduce -4.5%
VYM Vanguard High DVD Yield ETF 0.25% 5,566 $673K No change
JPS Nuveen Preferred & Income SE 0.25% 90,681 $652K Reduce -20.0%
VTIP Vanguard Short-Term Tips 0.24% 13,000 $623K No change
NVO Novo-Nordisk A/S-Spons ADR 0.22% 4,610 $592K Reduce -2.1%
NRK Nuveen NY Amt-FR Muni Inc. 0.22% 54,000 $587K No change
PG The Procter & Gamble Co. 0.22% 3,566 $579K No change
IWR iShares Russell Mid-Cap ETF 0.20% 6,301 $530K No change
GILD Gilead Sciences Inc. 0.19% 7,000 $513K No change
XLF SS Financial Select Sector 0.19% 11,950 $503K Add +26.5%
FPF First TR Interm Dur & Inc. 0.18% 26,500 $475K Reduce -8.6%
BA The Boeing Co. 0.17% 2,351 $454K Reduce -85.0%
RFMZ Rivernorth Flex Muni II 0.17% 32,000 $449K Add +36.2%
NVG Nuveen Amt-FR Muni CRDT 0.17% 36,000 $437K No change
DFP Flaherty & Crumrine DYN Pref 0.16% 21,500 $412K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.16% 1,647 $412K No change
BSTZ BlackRock Sci & Tech TRM TR 0.16% 21,200 $411K Add +14.9%
PDI PIMCO Dynamic Income Fund 0.15% 21,066 $406K Reduce -5.0%
VTV Vanguard Mrngstr Val ETF-Aui 0.15% 2,413 $393K No change
SO The Southern Co. 0.15% 5,450 $391K Reduce -16.1%
TIP iShares Tips Bond ETF 0.14% 3,500 $376K Reduce -47.8%
MMM 3M Co. 0.14% 3,500 $371K Reduce -2.6%
IXJ iShares Global Healthcare Et 0.14% 3,950 $368K No change
PAXS PIMCO Access Income Fund 0.13% 22,000 $346K Add +25.7%
LMT Lockheed Martin Corp. 0.13% 750 $341K No change
ABT Abbott Laboratories 0.13% 2,993 $340K No change
INTC Intel Corp. 0.13% 7,567 $334K No change
RTX RTX Corp. 0.13% 3,400 $332K No change
IDV iShares International Select 0.12% 11,500 $322K No change
SYY Sysco Corp. 0.12% 3,900 $317K No change
VEU Vanguard Ftse All-World Ex-U 0.12% 5,400 $317K New
AEP American Electric Power 0.11% 3,500 $301K No change
SPSB SS SPDR P St C Corp. ETF 0.11% 10,000 $298K No change
GLD SPDR Gold Shares 0.11% 1,435 $295K No change
EQT Eqt Corp. 0.11% 7,900 $293K Add +1.0%
WBD Warner Bros Discovery Inc. 0.11% 32,529 $284K Reduce -1.2%
QCOM Qualcomm Inc. 0.11% 1,650 $279K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.10% 4,200 $276K No change
COF Capital One Financial Corp. 0.10% 1,820 $271K No change
AMAT Applied Materials Inc. 0.09% 1,175 $242K Reduce -6.0%
RSP Invesco S&P 500 Equal Weight 0.09% 1,425 $241K New
ABBV Abbvie Inc. 0.09% 1,311 $239K No change
FCX Freeport-McMoran Inc. 0.09% 5,050 $237K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.09% 2,650 $232K Reduce -62.1%
DYFN Angel Oak DYN Fin Strat Inc. 0.09% 18,074 $226K Add +28.4%
FDN First Trust DJ Internet Ind 0.09% 1,100 $226K No change
OKE Oneok Inc. 0.08% 2,675 $214K Reduce -15.8%
JEF Jefferies Financial Group Inc. 0.08% 4,810 $212K New
MYN BlackRock Muniyield NY QLTY 0.08% 20,000 $210K No change
IVE iShares S&P 500 Value ETF 0.08% 1,100 $205K New
Other holdings (5): bonds, preferreds, convertibles and warrants · $2.5M (not counted above)
SecurityClassShares / PrincipalValueChange
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock 24,445$607KReduce -1.8%
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock 27,750$604KNo change
US BANCORP (USB 4 PERP M) PFD 24,575$463KNo change
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock 21,000$452KNo change
JPMORGAN CHASE & CO (JPM 5.75 PERP DD) PREFERRED STOCK 15,200$380KNo change

Total filed on the 13F, all lines: $266.9M.

Portfolio Sells Q4 2023 → Q1 2024
BA The Boeing Co. Reduce -85.0% 0.17% −1.53
AAPL Apple Inc. Reduce -2.5% 4.42% −1.18
CP Canadian Pac Railway Sold out 0.00% −0.49
APD Air Products & Chemicals Inc. Reduce -1.2% 0.91% −0.24
NOW ServiceNow Inc. Reduce -6.7% 1.74% −0.16
TIP iShares Tips Bond ETF Reduce -47.8% 0.14% −0.16
VLTO Veralto Corp. Sold out 0.00% −0.13
TTD Trade Desk Inc./the Class A Reduce -62.1% 0.09% −0.12
GOOGL Alphabet Inc. Class A Reduce -1.9% 3.10% −0.12
DE Deere & Co. Reduce -0.2% 1.62% −0.12
JNJ Johnson & Johnson Reduce -0.3% 1.20% −0.11
IWM iShares Russell 2000 ETF Reduce -2.5% 0.93% −0.07
JPS Nuveen Preferred & Income SE Reduce -20.0% 0.25% −0.07
AMGN Amgen Inc. Reduce -1.4% 0.39% −0.05
WBD Warner Bros Discovery Inc. Reduce -1.2% 0.11% −0.05
GOOG Alphabet Inc. Class C Reduce -6.2% 0.48% −0.04
SO The Southern Co. Reduce -16.1% 0.15% −0.04
XLK SS Technology Select Sector Reduce -0.7% 1.76% −0.04
T AT&T Inc. Reduce -0.5% 0.68% −0.04
QQQ Invesco QQQ Trust Series 1 Reduce -2.3% 0.71% −0.03
DHR Danaher Corp. Reduce -0.0% 1.28% −0.03
MMM 3M Co. Reduce -2.6% 0.14% −0.02
MSFT Microsoft Corp. Reduce -2.4% 2.82% −0.02
FPF First TR Interm Dur & Inc. Reduce -8.6% 0.18% −0.02
PDI PIMCO Dynamic Income Fund Reduce -5.0% 0.15% −0.01
OKE Oneok Inc. Reduce -15.8% 0.08% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.8% 0.98% −0.01
BCAT BlackRock Capital Alloc TR Reduce -2.4% 0.59% −0.01
XLE SS Energy Select Sector Reduce -2.9% 0.35% −0.00
XOM Exxon Mobil Corp. Reduce -4.5% 0.26% +0.00
AMAT Applied Materials Inc. Reduce -6.0% 0.09% +0.01
NFLX Netflix Inc. Reduce -7.7% 0.41% +0.02
NVO Novo-Nordisk A/S-Spons ADR Reduce -2.1% 0.22% +0.02
MA Mastercard Inc. Class A Reduce -1.1% 1.67% +0.02
GEHC GE Healthcare Technology Reduce -0.6% 0.52% +0.03
SMH Vaneck Semiconductor ETF Reduce -2.4% 0.35% +0.04
FDX FedEx Corp. Reduce -0.8% 1.44% +0.05
EMR Emerson Electric Co. Reduce -0.7% 1.04% +0.05
KLAC KLA Corp. Reduce -4.4% 2.01% +0.08
PH Parker Hannifin Corp. Reduce -4.7% 2.33% +0.10
JPM JPMorgan Chase & Co. Reduce -0.2% 1.90% +0.12
AXP American Express Co. Reduce -0.7% 1.48% +0.13
VLO Valero Energy Corp. Reduce -1.8% 1.48% +0.22
CAT Caterpillar Inc. Reduce -1.0% 2.31% +0.24
AMZN Amazon.com Inc. Reduce -1.2% 4.02% +0.25
GE General Electric Reduce -0.3% 2.32% +0.46
NVDA Nvidia Corp. Reduce -8.0% 4.38% +1.51

Portfolio Buys Q4 2023 → Q1 2024
WAB Wabtec Corp. New 1.28% +1.28
SLB SLB Ltd. Add +212.2% 0.35% +0.23
XBI SS SPDR S&P Biotech ETF Add +89.1% 0.38% +0.17
VEU Vanguard Ftse All-World Ex-U New 0.12% +0.12
RSP Invesco S&P 500 Equal Weight New 0.09% +0.09
JEF Jefferies Financial Group Inc. New 0.08% +0.08
IVE iShares S&P 500 Value ETF New 0.08% +0.08
COST Costco Wholesale Corp. Add +6.2% 0.71% +0.05
XLF SS Financial Select Sector Add +26.5% 0.19% +0.04
RFMZ Rivernorth Flex Muni II Add +36.2% 0.17% +0.04
MKC McCormick & Co.-Non VTG SHRS Add +1.8% 0.76% +0.03
BSTZ BlackRock Sci & Tech TRM TR Add +14.9% 0.16% +0.03
PAXS PIMCO Access Income Fund Add +25.7% 0.13% +0.03
PFE Pfizer Inc. Add +19.4% 0.39% +0.02
BAC Bank of America Corp. Add +0.5% 0.57% +0.02
DYFN Angel Oak DYN Fin Strat Inc. Add +28.4% 0.09% +0.02
MGK Vngrd Mrgstr MG CP GR ETF-Ui Add +0.3% 1.71% +0.01
VTI VG Morningstar TS MKT ETF-US Add +0.6% 2.57% +0.00
PFF iShares Preferred & Income S Add +4.6% 0.67% −0.01
EQT Eqt Corp. Add +1.0% 0.11% −0.01
IGV iShares Expanded Tech-Softwa Add +3.8% 2.11% −0.02
NUV Nuveen Municipal Value Add +3.8% 0.45% −0.02
KO The Coca-Cola Co. Add +0.4% 0.82% −0.05
EOG EOG Resources Inc. Add +0.1% 1.21% −0.05
STT State Street Corp. Add +0.5% 0.62% −0.06
PEP Pepsico Inc. Add +0.5% 1.52% −0.10
GXO Gxo Logistics Inc. Add +2.5% 0.48% −0.11

Notes & Other Activity Q4 2023 → Q1 2024
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock Reduce -1.8% 24,445 $607K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 127$320.8MGEV, IGM, GOOGL, CAT, NVDA
Q1 2026 124$272.7MGEV, IGM, GOOGL, NVDA, AAPL
Q4 2025 123$278.9MIGM, GOOGL, NVDA, GEV, AAPL
Q3 2025 121$276.2MIGM, NVDA, AAPL, GOOGL, GEV
Q2 2025 119$267.7MIGM, NVDA, AAPL, AMZN, GEV
Q1 2025 119$243.8MIGM, AAPL, AMZN, VUG, NVDA
Q4 2024 120$271.9MIGM, AAPL, NVDA, AMZN, GOOGL
Q3 2024 122$280.7MIGM, AAPL, NVDA, AMZN, VUG
Q2 2024 123$273.1MNVDA, IGM, AAPL, AMZN, GOOGL
Q1 2024 127$264.4MIGM, AAPL, NVDA, AMZN, GOOGL