Mathes Company, Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), Mathes Company, Inc. reported 122 stock positions worth $280.7 million. Its top holding was iShares Expanded Tech Sector (IGM) at 5.6% of the portfolio, followed by Apple (AAPL, 4.9%) and Nvidia (NVDA, 4.1%). Compared with Q2 2024, it opened 3 new positions, sold out of 4, added to 17 and reduced 48. The biggest buy was GE Vernova (GEV, shares +179%) and the biggest sale Nvidia (NVDA, shares −25%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001389223
Portfolio Value
$280.7M (Q3 2024)
SEC Filing
0001999371-24-014039 ↗ filed Oct 29, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $264.4M Q1 2024 Q2 2024: $273.1M Q2 2024 Q3 2024: $280.7M $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 122 stocks · $280.7M
IGM iShares Expanded Tech Sector 5.58% 163,283 $15.7M Reduce -0.1%
AAPL Apple Inc. 4.88% 58,743 $13.7M Reduce -8.7%
NVDA Nvidia Corp. 4.12% 95,190 $11.6M Reduce -24.6%
AMZN Amazon.com Inc. 3.63% 54,744 $10.2M Reduce -6.6%
VUG Vanguard Mrngstar GR ETF-Sui 3.18% 23,220 $8.9M No change
GOOGL Alphabet Inc. Class A 2.90% 49,019 $8.1M Reduce -8.1%
VTI VG Morningstar TS MKT ETF-US 2.64% 26,140 $7.4M No change
MSFT Microsoft Corp. 2.41% 15,739 $6.8M Reduce -10.9%
GE General Electric filed as GE AEROSPACE 2.33% 34,727 $6.5M Add +0.1%
GEV GE Vernova Inc. 2.22% 24,433 $6.2M Add +178.6%
IWF iShares Russell 1000 Growth 2.19% 16,350 $6.1M No change
IGV iShares Expanded Tech-Softwa 2.17% 68,075 $6.1M Add +1.3%
PH Parker Hannifin Corp. 2.16% 9,585 $6.1M Reduce -14.4%
CAT Caterpillar Inc. 2.04% 14,624 $5.7M Reduce -12.3%
JPM JPMorgan Chase & Co. 1.85% 24,694 $5.2M Reduce -3.1%
XLK SS Technology Select Sector 1.81% 22,550 $5.1M Reduce -2.4%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 1.81% 15,790 $5.1M No change
NOW ServiceNow Inc. 1.79% 5,610 $5.0M Reduce -8.1%
KLAC KLA Corp. 1.75% 6,355 $4.9M Reduce -17.6%
AXP American Express Co. 1.69% 17,480 $4.7M Reduce -1.1%
GEHC GE Healthcare Technology 1.65% 49,251 $4.6M Add +196.9%
MA Mastercard Inc. Class A 1.61% 9,149 $4.5M Reduce -2.5%
DE Deere & Co. 1.60% 10,755 $4.5M Add +0.1%
WAB Wabtec Corp. 1.53% 23,630 $4.3M Reduce -0.1%
PEP Pepsico Inc. 1.44% 23,831 $4.1M Add +2.1%
DHR Danaher Corp. 1.38% 13,946 $3.9M Add +0.7%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.26% 13,461 $3.5M No change
IWP iShares Russell Mid-Cap Grow 1.26% 30,180 $3.5M No change
FDX FedEx Corp. 1.22% 12,520 $3.4M Reduce -4.6%
XLY SS Consumer Disc Select Sect 1.18% 16,600 $3.3M No change
JNJ Johnson & Johnson 1.15% 19,995 $3.2M Reduce -0.3%
SLY SPDR S&P 600 Small Cap ETF 1.15% 70,682 $3.2M No change
EOG EOG Resources Inc. 1.10% 25,059 $3.1M Reduce -1.6%
IHI iShares U.S. Medical Devices 1.07% 50,700 $3.0M No change
APD Air Products & Chemicals Inc. 1.06% 10,010 $3.0M Reduce -0.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.01% 4,930 $2.8M No change
VLO Valero Energy Corp. 0.95% 19,740 $2.7M Reduce -15.1%
EMR Emerson Electric Co. 0.93% 23,945 $2.6M Reduce -3.7%
KO The Coca-Cola Co. 0.91% 35,695 $2.6M Reduce -1.2%
JM Smucker Company 0.85% 19,790 $2.4M Reduce -1.1%
MKC McCormick & Co.-Non VTG SHRS 0.82% 27,977 $2.3M Add +0.3%
IWM iShares Russell 2000 ETF 0.82% 10,410 $2.3M Reduce -23.3%
COST Costco Wholesale Corp. 0.79% 2,504 $2.2M Reduce -1.3%
T AT&T Inc. 0.73% 93,594 $2.1M Reduce -2.1%
QQQ Invesco QQQ Trust Series 1 0.73% 4,210 $2.1M No change
STT State Street Corp. 0.69% 21,900 $1.9M Reduce -0.3%
PFF iShares Preferred & Income S 0.66% 55,850 $1.9M Add +4.3%
MDY State Street SPDR S&P Midcap 0.64% 3,150 $1.8M No change
VZ Verizon Communications Inc. 0.64% 39,950 $1.8M No change
BCAT BlackRock Capital Alloc TR 0.57% 96,500 $1.6M Add +6.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.52% 36,900 $1.5M No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.50% 5,820 $1.4M No change
GXO Gxo Logistics Inc. 0.47% 25,475 $1.3M Add +0.7%
EIM Eaton Vance Municipal Bond 0.47% 121,734 $1.3M No change
IYY iShares Dow Jones U.S. ETF 0.45% 9,000 $1.3M No change
NUV Nuveen Municipal Value 0.44% 137,500 $1.2M No change
NFLX Netflix Inc. 0.43% 1,719 $1.2M Reduce -2.3%
GOOG Alphabet Inc. Class C 0.42% 7,051 $1.2M Reduce -14.9%
SDY SS SPDR S&P Dividend ETF 0.39% 7,740 $1.1M No change
VXF Vanguard Extended Market ETF 0.39% 5,950 $1.1M No change
PFE Pfizer Inc. 0.38% 36,900 $1.1M Add +14.2%
AMGN Amgen Inc. 0.37% 3,205 $1.0M Reduce -3.8%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.34% 8,150 $968K No change
MMM 3M Co. 0.34% 6,975 $953K Add +99.3%
XBI SS SPDR S&P Biotech ETF 0.32% 9,115 $901K Reduce -3.4%
ED Consolidated Edison Inc. 0.32% 8,533 $889K No change
BFK BlackRock Municipal Inc. TRST 0.31% 81,500 $861K Add +22.6%
XLE SS Energy Select Sector 0.28% 8,950 $786K Reduce -7.7%
SMH Vaneck Semiconductor ETF 0.28% 3,195 $784K Reduce -35.6%
BX Blackstone Inc. 0.28% 5,075 $777K Reduce -1.4%
NVG Nuveen Amt-FR Muni CRDT 0.27% 57,500 $770K No change
XLP SS Consumer Staples Sel Sect 0.27% 9,050 $751K No change
VYM Vanguard High DVD Yield ETF 0.25% 5,566 $714K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.25% 16,900 $709K Add +15.0%
CRM Salesforce Inc. 0.25% 2,525 $691K Reduce -7.3%
IWS iShares Russell Mid-Cap Valu 0.24% 5,145 $680K Reduce -14.2%
XOM Exxon Mobil Corp. 0.24% 5,695 $668K No change
JPS Nuveen Preferred & Income SE 0.24% 82,771 $668K Reduce -4.6%
MRK Merck & Co. Inc. 0.22% 5,525 $627K Reduce -0.5%
PG The Procter & Gamble Co. 0.22% 3,566 $618K No change
NRK Nuveen NY Amt-FR Muni Inc. 0.22% 54,500 $610K Add +0.9%
IWR iShares Russell Mid-Cap ETF 0.20% 6,301 $555K No change
GILD Gilead Sciences Inc. 0.19% 6,500 $545K No change
XLF SS Financial Select Sector 0.19% 11,700 $530K Reduce -2.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.18% 5,305 $510K Reduce -3.8%
NVO Novo-Nordisk A/S-Spons ADR 0.18% 4,191 $499K Reduce -3.5%
RSP Invesco S&P 500 Equal Weight 0.18% 2,750 $493K Add +93.0%
RFMZ Rivernorth Flex Muni II 0.18% 34,000 $493K No change
SO The Southern Co. 0.17% 5,450 $491K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.15% 1,647 $435K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.15% 2,413 $421K No change
PDI PIMCO Dynamic Income Fund 0.15% 20,566 $417K Reduce -2.4%
LMT Lockheed Martin Corp. 0.15% 710 $415K Reduce -2.5%
RTX RTX Corp. 0.14% 3,304 $400K No change
BSTZ BlackRock Sci & Tech TRM TR 0.14% 20,200 $388K Reduce -8.0%
IXJ iShares Global Healthcare Et 0.14% 3,950 $388K No change
PAXS PIMCO Access Income Fund 0.13% 22,000 $366K No change
FPF First TR Interm Dur & Inc. 0.13% 18,500 $361K Reduce -5.1%
AEP American Electric Power 0.13% 3,500 $359K No change
DFP Flaherty & Crumrine DYN Pref 0.13% 16,500 $355K No change

Show all 122 holdings

Other holdings (5): bonds, preferreds, convertibles and warrants · $2.8M (not counted above)
SecurityClassShares / PrincipalValueChange
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock 27,750$635KNo change
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock 24,445$611KNo change
JPMORGAN CHASE & CO (JPM 5.75 PERP DD) PREFERRED STOCK 23,200$586KAdd +52.6%
US BANCORP (USB 4 PERP M) PFD 24,575$485KNo change
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock 21,000$454KNo change

Total filed on the 13F, all lines: $283.5M.

Portfolio Sells Q2 2024 → Q3 2024
NVDA Nvidia Corp. Reduce -24.6% 4.12% −1.59
GOOGL Alphabet Inc. Class A Reduce -8.1% 2.90% −0.66
KLAC KLA Corp. Reduce -17.6% 1.75% −0.57
AMZN Amazon.com Inc. Reduce -6.6% 3.63% −0.51
MSFT Microsoft Corp. Reduce -10.9% 2.41% −0.48
VLO Valero Energy Corp. Reduce -15.1% 0.95% −0.39
VTIP Vanguard Short-Term Tips Sold out 0.00% −0.23
FDX FedEx Corp. Reduce -4.6% 1.22% −0.22
SMH Vaneck Semiconductor ETF Reduce -35.6% 0.28% −0.19
IWM iShares Russell 2000 ETF Reduce -23.3% 0.82% −0.19
TIP iShares Tips Bond ETF Sold out 0.00% −0.14
GOOG Alphabet Inc. Class C Reduce -14.9% 0.42% −0.14
XLK SS Technology Select Sector Reduce -2.4% 1.81% −0.10
AAPL Apple Inc. Reduce -8.7% 4.88% −0.09
INTC Intel Corp. Sold out 0.00% −0.09
IBM Intl Business Machines Corp. Sold out 0.00% −0.08
EOG EOG Resources Inc. Reduce -1.6% 1.10% −0.08
EMR Emerson Electric Co. Reduce -3.7% 0.93% −0.07
IGM iShares Expanded Tech Sector Reduce -0.1% 5.58% −0.06
NVO Novo-Nordisk A/S-Spons ADR Reduce -3.5% 0.18% −0.05
XLE SS Energy Select Sector Reduce -7.7% 0.28% −0.04
JPM JPMorgan Chase & Co. Reduce -3.1% 1.85% −0.03
MRK Merck & Co. Inc. Reduce -0.5% 0.22% −0.03
IWS iShares Russell Mid-Cap Valu Reduce -14.2% 0.24% −0.02
BSTZ BlackRock Sci & Tech TRM TR Reduce -8.0% 0.14% −0.02
DIS The Walt Disney Co. Reduce -3.8% 0.18% −0.02
FCX Freeport-McMoran Inc. Reduce -14.8% 0.08% −0.01
AMGN Amgen Inc. Reduce -3.8% 0.37% −0.01
CRM Salesforce Inc. Reduce -7.3% 0.25% −0.01
FDN First Trust DJ Internet Ind Reduce -9.1% 0.08% −0.01
FPF First TR Interm Dur & Inc. Reduce -5.1% 0.13% −0.00
NFLX Netflix Inc. Reduce -2.3% 0.43% −0.00
XBI SS SPDR S&P Biotech ETF Reduce -3.4% 0.32% +0.00
JPS Nuveen Preferred & Income SE Reduce -4.6% 0.24% +0.00
COST Costco Wholesale Corp. Reduce -1.3% 0.79% +0.00
CAT Caterpillar Inc. Reduce -12.3% 2.04% +0.00
PDI PIMCO Dynamic Income Fund Reduce -2.4% 0.15% +0.00
WBD Warner Bros Discovery Inc. Reduce -2.5% 0.08% +0.00
XLF SS Financial Select Sector Reduce -2.1% 0.19% +0.01
LMT Lockheed Martin Corp. Reduce -2.5% 0.15% +0.02
NOW ServiceNow Inc. Reduce -8.1% 1.79% +0.03
BX Blackstone Inc. Reduce -1.4% 0.28% +0.04
JM Smucker Company Reduce -1.1% 0.85% +0.05
T AT&T Inc. Reduce -2.1% 0.73% +0.06
KO The Coca-Cola Co. Reduce -1.2% 0.91% +0.07
JNJ Johnson & Johnson Reduce -0.3% 1.15% +0.08
PH Parker Hannifin Corp. Reduce -14.4% 2.16% +0.08
MA Mastercard Inc. Class A Reduce -2.5% 1.61% +0.09
STT State Street Corp. Reduce -0.3% 0.69% +0.09
APD Air Products & Chemicals Inc. Reduce -0.3% 1.06% +0.11

Portfolio Buys Q2 2024 → Q3 2024
GEV GE Vernova Inc. Add +178.6% 2.22% +1.67
GEHC GE Healthcare Technology Add +196.9% 1.65% +1.17
GE General Electric Add +0.1% 2.33% +0.31
MMM 3M Co. Add +99.3% 0.34% +0.21
DE Deere & Co. Add +0.1% 1.60% +0.13
DHR Danaher Corp. Add +0.7% 1.38% +0.11
MKC McCormick & Co.-Non VTG SHRS Add +0.3% 0.82% +0.10
RSP Invesco S&P 500 Equal Weight Add +93.0% 0.18% +0.09
IVW iShares S&P 500 Growth ETF New 0.08% +0.08
ETR Entergy Corp. New 0.08% +0.08
ILCG iShares Morningstar Growth E New 0.07% +0.07
BFK BlackRock Municipal Inc. TRST Add +22.6% 0.31% +0.06
PFE Pfizer Inc. Add +14.2% 0.38% +0.05
PFF iShares Preferred & Income S Add +4.3% 0.66% +0.04
PEP Pepsico Inc. Add +2.1% 1.44% +0.03
IGV iShares Expanded Tech-Softwa Add +1.3% 2.17% +0.03
BCAT BlackRock Capital Alloc TR Add +6.0% 0.57% +0.02
GXO Gxo Logistics Inc. Add +0.7% 0.47% +0.00
SLB SLB Ltd. Add +15.0% 0.25% −0.00
NRK Nuveen NY Amt-FR Muni Inc. Add +0.9% 0.22% −0.00

Notes & Other Activity Q2 2024 → Q3 2024
JPMORGAN CHASE & CO (JPM 5.75 PERP DD) PREFERRED STOCK Add +52.6% 23,200 $586K

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