Mathes Company, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Mathes Company, Inc. reported 121 stock positions worth $276.2 million. Its top holding was iShares Expanded Tech Sector (IGM) at 6.4% of the portfolio, followed by Nvidia (NVDA, 4.4%) and Apple (AAPL, 4.3%). Compared with Q2 2025, it opened 4 new positions, sold out of 2, added to 19 and reduced 34. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale iShares Expanded Tech-Softwa (IGV, shares −94%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001389223
Portfolio Value
$276.2M (Q3 2025)
SEC Filing
0001999371-25-017486 ↗ filed Nov 12, 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 Q4 2024 Q1 2025: $243.8M Q1 2025 Q2 2025: $267.7M Q2 2025 Q3 2025: $276.2M $276.2M Q3 2025 Q4 2025: $278.9M Q4 2025 Q1 2026: $272.7M Q1 2026 Q2 2026: $320.8M Q2 2026

Holdings 121 stocks · $276.2M
IGM iShares Expanded Tech Sector 6.40% 140,424 $17.7M Reduce -2.8%
NVDA Nvidia Corp. 4.43% 65,571 $12.2M Reduce -1.2%
AAPL Apple Inc. 4.30% 46,610 $11.9M Add +0.0%
GOOGL Alphabet Inc. Class A 3.97% 45,109 $11.0M Reduce -0.5%
GEV GE Vernova Inc. 3.85% 17,297 $10.6M Reduce -1.8%
VUG Vanguard Mrngstar GR ETF-Sui 3.68% 21,220 $10.2M No change
AMZN Amazon.com Inc. 3.36% 42,270 $9.3M Reduce -1.2%
VTI VG Morningstar TS MKT ETF-US 3.11% 26,140 $8.6M No change
GE General Electric filed as GE AEROSPACE 3.07% 28,221 $8.5M Reduce -0.4%
MSFT Microsoft Corp. 2.66% 14,194 $7.4M Reduce -2.1%
IWF iShares Russell 1000 Growth 2.54% 14,950 $7.0M No change
JPM JPMorgan Chase & Co. 2.50% 21,861 $6.9M Reduce -0.7%
CAT Caterpillar Inc. 2.31% 13,397 $6.4M Reduce -0.7%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 2.30% 15,790 $6.4M No change
XLK SS Technology Select Sector 2.28% 22,300 $6.3M No change
PH Parker Hannifin Corp. 2.03% 7,378 $5.6M Add +0.2%
AVGO Broadcom Inc. 1.83% 15,335 $5.1M Add +0.0%
AXP American Express Co. 1.74% 14,438 $4.8M Reduce -0.5%
MA Mastercard Inc. Class A 1.72% 8,364 $4.8M Add +0.1%
DE Deere & Co. 1.65% 9,992 $4.6M Reduce -0.6%
WAB Wabtec Corp. 1.55% 21,315 $4.3M Add +0.5%
IWP iShares Russell Mid-Cap Grow 1.47% 28,603 $4.1M No change
OKTA Okta Inc. 1.34% 40,380 $3.7M Add +0.5%
GEHC GE Healthcare Technology 1.29% 47,354 $3.6M Add +1.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.22% 10,961 $3.4M No change
XLY SS Consumer Disc Select Sect 1.21% 14,000 $3.4M Reduce -9.7%
NWE Northwestern Energy Group Inc. 1.18% 55,480 $3.3M Add +0.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.15% 4,780 $3.2M No change
EVRG Evergy Inc. 1.13% 41,200 $3.1M No change
PEP Pepsico Inc. 1.09% 21,456 $3.0M Reduce -5.6%
VLO Valero Energy Corp. 1.08% 17,595 $3.0M Reduce -0.6%
CRM Salesforce Inc. 1.08% 12,558 $3.0M Add +0.4%
EMR Emerson Electric Co. 1.00% 21,115 $2.8M Reduce -0.4%
DHR Danaher Corp. 1.00% 13,952 $2.8M Add +0.8%
QQQ Invesco QQQ Trust Series 1 0.92% 4,210 $2.5M No change
KO The Coca-Cola Co. 0.91% 38,083 $2.5M Add +3.0%
T AT&T Inc. 0.90% 88,419 $2.5M Reduce -0.1%
STT State Street Corp. 0.89% 21,265 $2.5M Add +0.7%
EOG EOG Resources Inc. 0.87% 21,395 $2.4M Add +0.8%
IWM iShares Russell 2000 ETF 0.80% 9,080 $2.2M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.66% 35,200 $1.8M No change
MKC McCormick & Co.-Non VTG SHRS 0.65% 26,711 $1.8M Reduce -0.9%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.62% 5,820 $1.7M No change
BCAT BlackRock Capital Alloc TR 0.56% 105,500 $1.6M No change
IYY iShares Dow Jones U.S. ETF 0.52% 8,900 $1.4M No change
PFF iShares Preferred & Income S 0.52% 45,150 $1.4M Add +3.4%
COST Costco Wholesale Corp. 0.47% 1,399 $1.3M No change
PFE Pfizer Inc. 0.45% 49,123 $1.3M Add +23.2%
VXF Vanguard Extended Market ETF 0.45% 5,950 $1.2M No change
NUV Nuveen Municipal Value 0.44% 135,000 $1.2M Reduce -3.6%
EIM Eaton Vance Municipal Bond 0.44% 121,734 $1.2M No change
NFLX Netflix Inc. 0.43% 985 $1.2M Reduce -6.8%
SDY SS SPDR S&P Dividend ETF 0.39% 7,740 $1.1M No change
IHI iShares U.S. Medical Devices 0.36% 16,570 $996K No change
AMGN Amgen Inc. 0.32% 3,105 $876K Reduce -1.9%
ED Consolidated Edison Inc. 0.31% 8,533 $858K No change
GOOG Alphabet Inc. Class C 0.31% 3,491 $850K No change
SMH Vaneck Semiconductor ETF 0.30% 2,555 $834K No change
BFK BlackRock Municipal Inc. TRST 0.30% 81,500 $819K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.28% 7,550 $770K Reduce -6.2%
VYM Vanguard High DVD Yield ETF 0.27% 5,350 $754K Reduce -3.9%
WBD Warner Bros Discovery Inc. 0.27% 37,503 $732K Reduce -14.3%
XLP SS Consumer Staples Sel Sect 0.26% 9,050 $709K No change
NVG Nuveen Amt-FR Muni CRDT 0.24% 55,000 $676K No change
JPS Nuveen Preferred & Income SE 0.24% 81,783 $671K No change
VZ Verizon Communications Inc. 0.24% 15,050 $661K Reduce -0.7%
MMM 3M Co. 0.23% 4,125 $640K No change
PG The Procter & Gamble Co. 0.22% 4,000 $615K Reduce -80.9%
GILD Gilead Sciences Inc. 0.22% 5,500 $611K No change
IWR iShares Russell Mid-Cap ETF 0.22% 6,301 $608K No change
RSP Invesco S&P 500 Equal Weight 0.21% 3,100 $588K No change
IWS iShares Russell Mid-Cap Valu 0.20% 3,995 $558K No change
XOM Exxon Mobil Corp. 0.20% 4,933 $556K Reduce -9.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.20% 4,805 $550K No change
RTX RTX Corp. 0.19% 3,205 $536K Add +1.8%
XLE SS Energy Select Sector 0.19% 6,000 $536K Reduce -9.1%
XLF SS Financial Select Sector 0.19% 9,800 $528K No change
ALNY Alnylam Pharmaceuticals Inc. 0.19% 1,155 $527K No change
SO The Southern Co. 0.19% 5,450 $516K No change
GLD SPDR Gold Shares 0.18% 1,435 $510K No change
VEU Vanguard Ftse All-World Ex-U 0.18% 6,950 $496K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.18% 14,300 $491K No change
IGV iShares Expanded Tech-Softwa 0.17% 4,125 $474K Reduce -93.7%
SLY SPDR S&P 600 Small Cap ETF 0.17% 9,998 $463K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.16% 2,413 $450K No change
BSTZ BlackRock Sci & Tech TRM TR 0.16% 20,200 $448K No change
LLY Eli Lilly & Co. 0.16% 582 $444K Add +33.8%
RFMZ Rivernorth Flex Muni II 0.16% 34,000 $444K No change
BX Blackstone Inc. 0.16% 2,510 $429K No change
MDY State Street SPDR S&P Midcap 0.15% 700 $417K No change
MRK Merck & Co. Inc. 0.15% 4,925 $413K No change
AEP American Electric Power 0.14% 3,500 $394K No change
COF Capital One Financial Corp. 0.14% 1,800 $383K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.14% 1,270 $373K Reduce -14.2%
JNJ Johnson & Johnson 0.13% 1,983 $368K Reduce -2.9%
PDI PIMCO Dynamic Income Fund 0.13% 18,474 $366K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.13% 4,200 $366K No change
PAXS PIMCO Access Income Fund 0.13% 22,000 $358K No change
EQT Eqt Corp. 0.13% 6,539 $356K Reduce -3.7%
XBI SS SPDR S&P Biotech ETF 0.13% 3,470 $348K Reduce -27.3%
NOW ServiceNow Inc. 0.12% 375 $345K Add +15.4%
FPF First TR Interm Dur & Inc. 0.12% 17,500 $335K Reduce -5.4%
DFP Flaherty & Crumrine DYN Pref 0.12% 15,500 $335K No change
ABT Abbott Laboratories 0.12% 2,493 $334K No change
SYY Sysco Corp. 0.12% 3,900 $321K No change
GLW Corning Inc. 0.12% 3,900 $320K New
ETR Entergy Corp. 0.11% 3,300 $308K No change
SPSB SS SPDR P St C Corp. ETF 0.11% 10,000 $303K No change
FDN First Trust DJ Internet Ind 0.10% 1,000 $280K No change
IVW iShares S&P 500 Growth ETF 0.10% 2,300 $278K No change
ILCG iShares Morningstar Growth E 0.09% 2,500 $261K No change
LNG Cheniere Energy Inc. 0.09% 1,088 $256K No change
JCPB JPMorgan Core Plus Bond ETF 0.09% 5,000 $238K No change
NRK Nuveen NY Amt-FR Muni Inc. 0.09% 23,000 $235K Add +4.5%
ABBV Abbvie Inc. 0.08% 1,000 $232K New
C Citigroup Inc. 0.08% 2,100 $213K New
MO Altria Group Inc. 0.08% 3,200 $211K New
DYFN Angel Oak DYN Fin Strat Inc. 0.07% 15,728 $206K No change
MYN BlackRock Muniyield NY QLTY 0.07% 20,000 $199K No change
OKE Oneok Inc. 0.07% 2,675 $195K No change
QCOM Qualcomm Inc. 0.07% 1,150 $191K Reduce -20.7%
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.4M (not counted above)
SecurityClassShares / PrincipalValueChange
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock 32,145$804KNo change
JPMORGAN CHASE & CO (JPM 5.75 PERP DD) PREFERRED STOCK 23,200$577KNo change
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock 27,750$562KNo change
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock 21,000$411KNew

Total filed on the 13F, all lines: $278.5M.

Portfolio Sells Q2 2025 → Q3 2025
IGV iShares Expanded Tech-Softwa Reduce -93.7% 0.17% −2.52
FDX FedEx Corp. Sold out 0.00% −1.05
PG The Procter & Gamble Co. Reduce -80.9% 0.22% −1.02
DE Deere & Co. Reduce -0.6% 1.65% −0.25
AMZN Amazon.com Inc. Reduce -1.2% 3.36% −0.15
MKC McCormick & Co.-Non VTG SHRS Reduce -0.9% 0.65% −0.12
NFLX Netflix Inc. Reduce -6.8% 0.43% −0.10
IXJ iShares Global Healthcare Et Sold out 0.00% −0.09
EMR Emerson Electric Co. Reduce -0.4% 1.00% −0.05
T AT&T Inc. Reduce -0.1% 0.90% −0.05
XLY SS Consumer Disc Select Sect Reduce -9.7% 1.21% −0.04
MSFT Microsoft Corp. Reduce -2.1% 2.66% −0.03
PEP Pepsico Inc. Reduce -5.6% 1.09% −0.03
IRM Iron Mountain Inc. Reduce -6.2% 0.28% −0.03
XBI SS SPDR S&P Biotech ETF Reduce -27.3% 0.13% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -14.2% 0.14% −0.02
EQT Eqt Corp. Reduce -3.7% 0.13% −0.02
XOM Exxon Mobil Corp. Reduce -9.6% 0.20% −0.02
QCOM Qualcomm Inc. Reduce -20.7% 0.07% −0.02
NUV Nuveen Municipal Value Reduce -3.6% 0.44% −0.02
XLE SS Energy Select Sector Reduce -9.1% 0.19% −0.02
AMGN Amgen Inc. Reduce -1.9% 0.32% −0.01
FPF First TR Interm Dur & Inc. Reduce -5.4% 0.12% −0.01
VZ Verizon Communications Inc. Reduce -0.7% 0.24% −0.01
VYM Vanguard High DVD Yield ETF Reduce -3.9% 0.27% −0.00
AXP American Express Co. Reduce -0.5% 1.74% +0.01
JNJ Johnson & Johnson Reduce -2.9% 0.13% +0.02
WBD Warner Bros Discovery Inc. Reduce -14.3% 0.27% +0.08
JPM JPMorgan Chase & Co. Reduce -0.7% 2.50% +0.11
VLO Valero Energy Corp. Reduce -0.6% 1.08% +0.20
IGM iShares Expanded Tech Sector Reduce -2.8% 6.40% +0.34
GE General Electric Reduce -0.4% 3.07% +0.35
CAT Caterpillar Inc. Reduce -0.7% 2.31% +0.36
GEV GE Vernova Inc. Reduce -1.8% 3.85% +0.37
NVDA Nvidia Corp. Reduce -1.2% 4.43% +0.51
GOOGL Alphabet Inc. Class A Reduce -0.5% 3.97% +0.99

Portfolio Buys Q2 2025 → Q3 2025
AAPL Apple Inc. Add +0.0% 4.30% +0.73
AVGO Broadcom Inc. Add +0.0% 1.83% +0.25
NWE Northwestern Energy Group Inc. Add +0.5% 1.18% +0.12
GLW Corning Inc. New 0.12% +0.12
PH Parker Hannifin Corp. Add +0.2% 2.03% +0.10
PFE Pfizer Inc. Add +23.2% 0.45% +0.09
ABBV Abbvie Inc. New 0.08% +0.08
C Citigroup Inc. New 0.08% +0.08
MO Altria Group Inc. New 0.08% +0.08
STT State Street Corp. Add +0.7% 0.89% +0.05
LLY Eli Lilly & Co. Add +33.8% 0.16% +0.03
RTX RTX Corp. Add +1.8% 0.19% +0.02
PFF iShares Preferred & Income S Add +3.4% 0.52% +0.02
NRK Nuveen NY Amt-FR Muni Inc. Add +4.5% 0.09% +0.00
GEHC GE Healthcare Technology Add +1.9% 1.29% +0.00
NOW ServiceNow Inc. Add +15.4% 0.12% +0.00
DHR Danaher Corp. Add +0.8% 1.00% −0.02
MA Mastercard Inc. Class A Add +0.1% 1.72% −0.03
KO The Coca-Cola Co. Add +3.0% 0.91% −0.06
EOG EOG Resources Inc. Add +0.8% 0.87% −0.08
WAB Wabtec Corp. Add +0.5% 1.55% −0.11
OKTA Okta Inc. Add +0.5% 1.34% −0.16
CRM Salesforce Inc. Add +0.4% 1.08% −0.20

Notes & Other Activity Q2 2025 → Q3 2025
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock New 21,000 $411K

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