Mathes Company, Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 31, 2025), Mathes Company, Inc. reported 120 stock positions worth $271.9 million. Its top holding was iShares Expanded Tech Sector (IGM) at 5.7% of the portfolio, followed by Apple (AAPL, 5.3%) and Nvidia (NVDA, 4.5%). Compared with Q3 2024, it opened 2 new positions, sold out of 4, added to 8 and reduced 53. The biggest buy was Procter & Gamble (PG, shares +595%) and the biggest sale Johnson & Johnson (JNJ, shares −82%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001389223
Portfolio Value
$271.9M (Q4 2024)
SEC Filing
0001999371-25-001003 ↗ filed Jan 31, 2025

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 Q3 2024 Q4 2024: $271.9M $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 120 stocks · $271.9M
IGM iShares Expanded Tech Sector 5.74% 152,819 $15.6M Reduce -6.4%
AAPL Apple Inc. 5.34% 57,951 $14.5M Reduce -1.4%
NVDA Nvidia Corp. 4.46% 90,245 $12.1M Reduce -5.2%
AMZN Amazon.com Inc. 4.34% 53,840 $11.8M Reduce -1.6%
GOOGL Alphabet Inc. Class A 3.35% 48,179 $9.1M Reduce -1.7%
VUG Vanguard Mrngstar GR ETF-Sui 3.26% 21,620 $8.9M Reduce -6.9%
VTI VG Morningstar TS MKT ETF-US 2.79% 26,140 $7.6M No change
GEV GE Vernova Inc. 2.74% 22,682 $7.5M Reduce -7.2%
IGV iShares Expanded Tech-Softwa 2.55% 69,175 $6.9M Add +1.6%
MSFT Microsoft Corp. 2.39% 15,426 $6.5M Reduce -2.0%
IWF iShares Russell 1000 Growth 2.21% 14,950 $6.0M Reduce -8.6%
PH Parker Hannifin Corp. 2.14% 9,164 $5.8M Reduce -4.4%
JPM JPMorgan Chase & Co. 2.10% 23,828 $5.7M Reduce -3.5%
GE General Electric filed as GE AEROSPACE 2.05% 33,450 $5.6M Reduce -3.7%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 1.99% 15,790 $5.4M No change
NOW ServiceNow Inc. 1.99% 5,107 $5.4M Reduce -9.0%
XLK SS Technology Select Sector 1.92% 22,500 $5.2M Reduce -0.2%
CAT Caterpillar Inc. 1.90% 14,214 $5.2M Reduce -2.8%
AXP American Express Co. 1.83% 16,770 $5.0M Reduce -4.1%
MA Mastercard Inc. Class A 1.72% 8,894 $4.7M Reduce -2.8%
DE Deere & Co. 1.57% 10,105 $4.3M Reduce -6.0%
WAB Wabtec Corp. 1.57% 22,565 $4.3M Reduce -4.5%
PG The Procter & Gamble Co. 1.53% 24,785 $4.2M Add +595.0%
KLAC KLA Corp. 1.43% 6,165 $3.9M Reduce -3.0%
IWP iShares Russell Mid-Cap Grow 1.40% 30,103 $3.8M Reduce -0.3%
GEHC GE Healthcare Technology 1.39% 48,171 $3.8M Reduce -2.2%
XLY SS Consumer Disc Select Sect 1.37% 16,600 $3.7M No change
PEP Pepsico Inc. 1.33% 23,731 $3.6M Reduce -0.4%
FDX FedEx Corp. 1.20% 11,610 $3.3M Reduce -7.3%
DHR Danaher Corp. 1.17% 13,896 $3.2M Reduce -0.4%
EOG EOG Resources Inc. 1.09% 24,259 $3.0M Reduce -3.2%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.09% 10,961 $3.0M Reduce -18.6%
SPY SS SPDR S&P 500 ETF Trust-US 1.05% 4,870 $2.9M Reduce -1.2%
EMR Emerson Electric Co. 1.04% 22,795 $2.8M Reduce -4.8%
APD Air Products & Chemicals Inc. 0.99% 9,279 $2.7M Reduce -7.3%
COST Costco Wholesale Corp. 0.83% 2,474 $2.3M Reduce -1.2%
KO The Coca-Cola Co. 0.82% 35,645 $2.2M Reduce -0.1%
VLO Valero Energy Corp. 0.81% 18,065 $2.2M Reduce -8.5%
MKC McCormick & Co.-Non VTG SHRS 0.81% 28,877 $2.2M Add +3.2%
IWM iShares Russell 2000 ETF 0.81% 9,930 $2.2M Reduce -4.6%
QQQ Invesco QQQ Trust Series 1 0.79% 4,210 $2.2M No change
T AT&T Inc. 0.78% 93,594 $2.1M No change
STT State Street Corp. 0.77% 21,450 $2.1M Reduce -2.0%
BCAT BlackRock Capital Alloc TR 0.61% 109,800 $1.7M Add +13.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.60% 36,900 $1.6M No change
NFLX Netflix Inc. 0.55% 1,664 $1.5M Reduce -3.2%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.54% 5,820 $1.5M No change
GOOG Alphabet Inc. Class C 0.48% 6,851 $1.3M Reduce -2.8%
IYY iShares Dow Jones U.S. ETF 0.47% 9,000 $1.3M No change
PFF iShares Preferred & Income S 0.46% 40,150 $1.3M Reduce -28.1%
EIM Eaton Vance Municipal Bond 0.46% 121,734 $1.3M No change
NUV Nuveen Municipal Value 0.43% 137,500 $1.2M No change
VXF Vanguard Extended Market ETF 0.42% 5,950 $1.1M No change
SLY SPDR S&P 600 Small Cap ETF 0.39% 23,556 $1.1M Reduce -66.7%
SDY SS SPDR S&P Dividend ETF 0.38% 7,740 $1.0M No change
GXO Gxo Logistics Inc. 0.36% 22,450 $977K Reduce -11.9%
IHI iShares U.S. Medical Devices 0.35% 16,500 $963K Reduce -67.5%
MMM 3M Co. 0.33% 6,975 $900K No change
BX Blackstone Inc. 0.32% 5,075 $875K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.31% 8,150 $856K No change
PFE Pfizer Inc. 0.31% 31,373 $832K Reduce -15.0%
CRM Salesforce Inc. 0.30% 2,475 $827K Reduce -2.0%
AMGN Amgen Inc. 0.30% 3,165 $825K Reduce -1.3%
BFK BlackRock Municipal Inc. TRST 0.30% 81,500 $804K No change
XLE SS Energy Select Sector 0.28% 8,950 $767K No change
SMH Vaneck Semiconductor ETF 0.28% 3,155 $764K Reduce -1.3%
ED Consolidated Edison Inc. 0.28% 8,533 $761K No change
XLP SS Consumer Staples Sel Sect 0.26% 9,050 $711K No change
VYM Vanguard High DVD Yield ETF 0.26% 5,566 $710K No change
NVG Nuveen Amt-FR Muni CRDT 0.26% 57,500 $705K No change
XBI SS SPDR S&P Biotech ETF 0.25% 7,645 $689K Reduce -16.1%
IWS iShares Russell Mid-Cap Valu 0.24% 5,145 $665K No change
JPS Nuveen Preferred & Income SE 0.24% 82,771 $651K No change
XOM Exxon Mobil Corp. 0.23% 5,695 $613K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.22% 15,900 $610K Reduce -5.9%
VZ Verizon Communications Inc. 0.22% 15,150 $606K Reduce -62.1%
GILD Gilead Sciences Inc. 0.22% 6,500 $600K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.22% 5,305 $591K No change
XLF SS Financial Select Sector 0.21% 11,700 $565K No change
IWR iShares Russell Mid-Cap ETF 0.20% 6,301 $557K No change
MRK Merck & Co. Inc. 0.20% 5,525 $550K No change
JNJ Johnson & Johnson 0.19% 3,585 $518K Reduce -82.1%
RSP Invesco S&P 500 Equal Weight 0.18% 2,800 $491K Add +1.8%
MDY State Street SPDR S&P Midcap 0.18% 850 $484K Reduce -73.0%
RFMZ Rivernorth Flex Muni II 0.17% 34,000 $456K No change
SO The Southern Co. 0.17% 5,450 $449K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.16% 1,647 $435K No change
LLY Eli Lilly & Co. 0.16% 560 $432K New
BSTZ BlackRock Sci & Tech TRM TR 0.15% 20,200 $418K No change
RTX RTX Corp. 0.15% 3,537 $409K Add +7.0%
VTV Vanguard Mrngstr Val ETF-Aui 0.15% 2,413 $409K No change
PDI PIMCO Dynamic Income Fund 0.14% 20,566 $377K No change
WBD Warner Bros Discovery Inc. 0.14% 35,441 $375K Add +32.6%
GLD SPDR Gold Shares 0.13% 1,435 $347K No change
LMT Lockheed Martin Corp. 0.13% 710 $345K No change
IXJ iShares Global Healthcare Et 0.13% 3,950 $340K No change
PAXS PIMCO Access Income Fund 0.12% 22,000 $336K No change
FPF First TR Interm Dur & Inc. 0.12% 18,500 $333K No change
DFP Flaherty & Crumrine DYN Pref 0.12% 16,500 $329K No change
AEP American Electric Power 0.12% 3,500 $323K No change
COF Capital One Financial Corp. 0.12% 1,800 $321K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.12% 4,200 $318K No change
IDV iShares International Select 0.12% 11,500 $315K No change
EQT Eqt Corp. 0.12% 6,789 $313K Reduce -11.2%
VEU Vanguard Ftse All-World Ex-U 0.11% 5,400 $310K No change
SPSB SS SPDR P St C Corp. ETF 0.11% 10,000 $299K No change
SYY Sysco Corp. 0.11% 3,900 $298K No change
ABT Abbott Laboratories 0.11% 2,551 $289K Add +2.3%
CVX Chevron Corp. 0.10% 1,912 $277K Reduce -15.0%
OKE Oneok Inc. 0.10% 2,675 $269K No change
ETR Entergy Corp. 0.09% 3,300 $250K No change
FDN First Trust DJ Internet Ind 0.09% 1,000 $243K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.09% 2,000 $235K New
IVW iShares S&P 500 Growth ETF 0.09% 2,300 $234K No change
NRK Nuveen NY Amt-FR Muni Inc. 0.08% 22,000 $230K Reduce -59.6%
ILCG iShares Morningstar Growth E 0.08% 2,500 $224K No change
QCOM Qualcomm Inc. 0.08% 1,450 $223K No change
IVE iShares S&P 500 Value ETF 0.08% 1,100 $210K No change
MYN BlackRock Muniyield NY QLTY 0.07% 20,000 $202K No change
DYFN Angel Oak DYN Fin Strat Inc. 0.07% 15,728 $200K No change
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.2M (not counted above)
SecurityClassShares / PrincipalValueChange
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock 24,445$596KNo change
JPMORGAN CHASE & CO (JPM 5.75 PERP DD) PREFERRED STOCK 23,200$584KNo change
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock 27,750$578KNo change
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock 21,000$420KNo change

Total filed on the 13F, all lines: $274.0M.

Portfolio Sells Q3 2024 → Q4 2024
JNJ Johnson & Johnson Reduce -82.1% 0.19% −0.96
JM Smucker Company Sold out 0.00% −0.85
SLY SPDR S&P 600 Small Cap ETF Reduce -66.7% 0.39% −0.76
IHI iShares U.S. Medical Devices Reduce -67.5% 0.35% −0.72
MDY State Street SPDR S&P Midcap Reduce -73.0% 0.18% −0.46
VZ Verizon Communications Inc. Reduce -62.1% 0.22% −0.42
KLAC KLA Corp. Reduce -3.0% 1.43% −0.32
GE General Electric Reduce -3.7% 2.05% −0.28
GEHC GE Healthcare Technology Reduce -2.2% 1.39% −0.26
DHR Danaher Corp. Reduce -0.4% 1.17% −0.21
PFF iShares Preferred & Income S Reduce -28.1% 0.46% −0.20
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.18
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -18.6% 1.09% −0.18
CAT Caterpillar Inc. Reduce -2.8% 1.90% −0.14
VLO Valero Energy Corp. Reduce -8.5% 0.81% −0.13
NRK Nuveen NY Amt-FR Muni Inc. Reduce -59.6% 0.08% −0.13
PEP Pepsico Inc. Reduce -0.4% 1.33% −0.12
GXO Gxo Logistics Inc. Reduce -11.9% 0.36% −0.11
KO The Coca-Cola Co. Reduce -0.1% 0.82% −0.10
AMAT Applied Materials Inc. Sold out 0.00% −0.08
FCX Freeport-McMoran Inc. Sold out 0.00% −0.08
PFE Pfizer Inc. Reduce -15.0% 0.31% −0.07
APD Air Products & Chemicals Inc. Reduce -7.3% 0.99% −0.07
XBI SS SPDR S&P Biotech ETF Reduce -16.1% 0.25% −0.07
AMGN Amgen Inc. Reduce -1.3% 0.30% −0.06
SLB SLB Ltd. Reduce -5.9% 0.22% −0.03
DE Deere & Co. Reduce -6.0% 1.57% −0.02
MSFT Microsoft Corp. Reduce -2.0% 2.39% −0.02
FDX FedEx Corp. Reduce -7.3% 1.20% −0.02
CVX Chevron Corp. Reduce -15.0% 0.10% −0.02
PH Parker Hannifin Corp. Reduce -4.4% 2.14% −0.01
IWM iShares Russell 2000 ETF Reduce -4.6% 0.81% −0.01
EOG EOG Resources Inc. Reduce -3.2% 1.09% −0.00
SMH Vaneck Semiconductor ETF Reduce -1.3% 0.28% +0.00
EQT Eqt Corp. Reduce -11.2% 0.12% +0.02
IWF iShares Russell 1000 Growth Reduce -8.6% 2.21% +0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.2% 1.05% +0.04
COST Costco Wholesale Corp. Reduce -1.2% 0.83% +0.04
WAB Wabtec Corp. Reduce -4.5% 1.57% +0.04
CRM Salesforce Inc. Reduce -2.0% 0.30% +0.06
GOOG Alphabet Inc. Class C Reduce -2.8% 0.48% +0.06
STT State Street Corp. Reduce -2.0% 0.77% +0.08
VUG Vanguard Mrngstar GR ETF-Sui Reduce -6.9% 3.26% +0.09
EMR Emerson Electric Co. Reduce -4.8% 1.04% +0.11
XLK SS Technology Select Sector Reduce -0.2% 1.92% +0.11
NFLX Netflix Inc. Reduce -3.2% 0.55% +0.11
MA Mastercard Inc. Class A Reduce -2.8% 1.72% +0.11
AXP American Express Co. Reduce -4.1% 1.83% +0.14
IWP iShares Russell Mid-Cap Grow Reduce -0.3% 1.40% +0.14
IGM iShares Expanded Tech Sector Reduce -6.4% 5.74% +0.16

Portfolio Buys Q3 2024 → Q4 2024
PG The Procter & Gamble Co. Add +595.0% 1.53% +1.31
IGV iShares Expanded Tech-Softwa Add +1.6% 2.55% +0.38
LLY Eli Lilly & Co. New 0.16% +0.16
TTD Trade Desk Inc./the Class A New 0.09% +0.09
WBD Warner Bros Discovery Inc. Add +32.6% 0.14% +0.06
BCAT BlackRock Capital Alloc TR Add +13.8% 0.61% +0.05
RTX RTX Corp. Add +7.0% 0.15% +0.01
ABT Abbott Laboratories Add +2.3% 0.11% +0.01
RSP Invesco S&P 500 Equal Weight Add +1.8% 0.18% +0.01
MKC McCormick & Co.-Non VTG SHRS Add +3.2% 0.81% −0.01

Notes & Other Activity Q3 2024 → Q4 2024
US BANCORP (USB 4 PERP M) PFD Sold out 24,575 $485Kbefore exit

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