Mathes Company, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Mathes Company, Inc. reported 123 stock positions worth $278.9 million. Its top holding was iShares Expanded Tech Sector (IGM) at 5.7% of the portfolio, followed by Alphabet Class A (GOOGL, 5.0%) and Nvidia (NVDA, 4.3%). Compared with Q3 2025, it opened 9 new positions, sold out of 7, added to 24 and reduced 39. The biggest buy was Caterpillar (CAT, shares +0%) and the biggest sale iShares Expanded Tech Sector (IGM, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001389223
- Portfolio Value
- $278.9M (Q4 2025)
- SEC Filing
- 0001999371-26-002845 ↗ filed Feb 9, 2026
Holdings Value
Holdings 123 stocks · $278.9M
| IGM iShares Expanded Tech Sector | 5.71% | 123,315 | $15.9M | Reduce -12.2% |
| GOOGL Alphabet Inc. Class A | 5.00% | 44,554 | $13.9M | Reduce -1.2% |
| NVDA Nvidia Corp. | 4.35% | 65,012 | $12.1M | Reduce -0.8% |
| GEV GE Vernova Inc. | 4.08% | 17,397 | $11.4M | Add +0.6% |
| AAPL Apple Inc. | 4.04% | 41,492 | $11.3M | Reduce -11.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.72% | 21,275 | $10.4M | Add +0.3% |
| VTI VG Morningstar TS MKT ETF-US | 3.44% | 28,640 | $9.6M | Add +9.6% |
| AMZN Amazon.com Inc. | 3.35% | 40,470 | $9.3M | Reduce -4.3% |
| GE General Electric filed as GE AEROSPACE | 3.14% | 28,421 | $8.8M | Add +0.7% |
| CAT Caterpillar Inc. | 2.76% | 13,414 | $7.7M | Add +0.1% |
| IWF iShares Russell 1000 Growth | 2.72% | 16,000 | $7.6M | Add +7.0% |
| JPM JPMorgan Chase & Co. | 2.55% | 22,071 | $7.1M | Add +1.0% |
| PH Parker Hannifin Corp. | 2.36% | 7,493 | $6.6M | Add +1.6% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 2.34% | 15,790 | $6.5M | No change |
| MSFT Microsoft Corp. | 2.27% | 13,089 | $6.3M | Reduce -7.8% |
| XLK SS Technology Select Sector | 2.03% | 39,300 | $5.7M | Reduce -11.9% |
| AXP American Express Co. | 1.95% | 14,723 | $5.4M | Add +2.0% |
| AVGO Broadcom Inc. | 1.93% | 15,520 | $5.4M | Add +1.2% |
| DE Deere & Co. | 1.70% | 10,157 | $4.7M | Add +1.6% |
| WAB Wabtec Corp. | 1.65% | 21,535 | $4.6M | Add +1.0% |
| MA Mastercard Inc. Class A | 1.51% | 7,379 | $4.2M | Reduce -11.8% |
| IWP iShares Russell Mid-Cap Grow | 1.31% | 26,603 | $3.6M | Reduce -7.0% |
| NWE Northwestern Energy Group Inc. | 1.26% | 54,655 | $3.5M | Reduce -1.5% |
| GEHC GE Healthcare Technology | 1.26% | 42,933 | $3.5M | Reduce -9.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.24% | 10,961 | $3.5M | No change |
| OKTA Okta Inc. | 1.23% | 39,820 | $3.4M | Reduce -1.4% |
| CRM Salesforce Inc. | 1.19% | 12,518 | $3.3M | Reduce -0.3% |
| XLY SS Consumer Disc Select Sect | 1.14% | 26,600 | $3.2M | Reduce -5.0% |
| PEP Pepsico Inc. | 1.10% | 21,406 | $3.1M | Reduce -0.2% |
| DHR Danaher Corp. | 1.08% | 13,122 | $3.0M | Reduce -6.0% |
| EVRG Evergy Inc. | 1.07% | 41,000 | $3.0M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.05% | 4,280 | $2.9M | Reduce -10.5% |
| EMR Emerson Electric Co. | 1.03% | 21,665 | $2.9M | Add +2.6% |
| VLO Valero Energy Corp. | 1.03% | 17,595 | $2.9M | No change |
| STT State Street Corp. | 0.98% | 21,265 | $2.7M | No change |
| KO The Coca-Cola Co. | 0.93% | 37,083 | $2.6M | Reduce -2.6% |
| EOG EOG Resources Inc. | 0.81% | 21,395 | $2.2M | No change |
| IWM iShares Russell 2000 ETF | 0.80% | 9,030 | $2.2M | Reduce -0.6% |
| T AT&T Inc. | 0.74% | 83,169 | $2.1M | Reduce -5.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.71% | 3,210 | $2.0M | Reduce -23.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.68% | 34,700 | $1.9M | Reduce -1.4% |
| MKC McCormick & Co.-Non VTG SHRS | 0.66% | 26,911 | $1.8M | Add +0.8% |
| PFF iShares Preferred & Income S | 0.56% | 50,350 | $1.6M | Add +11.5% |
| NUV Nuveen Municipal Value | 0.47% | 145,000 | $1.3M | Add +7.4% |
| BCAT BlackRock Capital Alloc TR | 0.44% | 86,500 | $1.2M | Reduce -18.0% |
| PFE Pfizer Inc. | 0.43% | 48,623 | $1.2M | Reduce -1.0% |
| COST Costco Wholesale Corp. | 0.43% | 1,399 | $1.2M | No change |
| EIM Eaton Vance Municipal Bond | 0.42% | 121,734 | $1.2M | No change |
| IYY iShares Dow Jones U.S. ETF | 0.41% | 6,900 | $1.1M | Reduce -22.5% |
| GOOG Alphabet Inc. Class C | 0.39% | 3,491 | $1.1M | No change |
| SDY SS SPDR S&P Dividend ETF | 0.39% | 7,740 | $1.1M | No change |
| NFLX Netflix Inc. | 0.39% | 11,480 | $1.1M | Add +16.6% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.38% | 3,820 | $1.1M | Reduce -34.4% |
| IHI iShares U.S. Medical Devices | 0.37% | 16,570 | $1.0M | No change |
| AMGN Amgen Inc. | 0.36% | 3,105 | $1.0M | No change |
| SMH Vaneck Semiconductor ETF | 0.33% | 2,555 | $920K | No change |
| VZ Verizon Communications Inc. | 0.32% | 21,700 | $884K | Add +44.2% |
| ED Consolidated Edison Inc. | 0.30% | 8,533 | $847K | No change |
| BFK BlackRock Municipal Inc. TRST | 0.29% | 81,500 | $817K | No change |
| VYM Vanguard High DVD Yield ETF | 0.27% | 5,275 | $757K | Reduce -1.4% |
| XLP SS Consumer Staples Sel Sect | 0.25% | 9,050 | $703K | No change |
| VXF Vanguard Extended Market ETF | 0.25% | 3,350 | $701K | Reduce -43.7% |
| GILD Gilead Sciences Inc. | 0.24% | 5,500 | $675K | No change |
| MMM 3M Co. | 0.24% | 4,125 | $660K | No change |
| NVG Nuveen Amt-FR Muni CRDT | 0.23% | 51,500 | $652K | Reduce -6.4% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.22% | 7,550 | $626K | No change |
| LLY Eli Lilly & Co. | 0.22% | 582 | $625K | No change |
| WBD Warner Bros Discovery Inc. | 0.22% | 21,443 | $618K | Reduce -42.8% |
| JPS Nuveen Preferred & Income SE | 0.21% | 73,896 | $599K | Reduce -9.6% |
| RSP Invesco S&P 500 Equal Weight | 0.21% | 3,100 | $594K | No change |
| GLD SPDR Gold Shares | 0.21% | 1,495 | $592K | Add +4.2% |
| PG The Procter & Gamble Co. | 0.21% | 4,000 | $573K | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.21% | 13,400 | $572K | Add +59.5% |
| XOM Exxon Mobil Corp. | 0.20% | 4,675 | $563K | Reduce -5.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.20% | 4,805 | $547K | No change |
| RTX RTX Corp. | 0.19% | 2,953 | $542K | Reduce -7.9% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.19% | 14,100 | $541K | Reduce -1.4% |
| XLE SS Energy Select Sector | 0.19% | 12,000 | $537K | No change |
| XLF SS Financial Select Sector | 0.19% | 9,800 | $537K | No change |
| MRK Merck & Co. Inc. | 0.19% | 4,925 | $518K | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.18% | 6,950 | $511K | No change |
| SO The Southern Co. | 0.17% | 5,450 | $475K | No change |
| SLY SPDR S&P 600 Small Cap ETF | 0.17% | 9,998 | $468K | No change |
| ALNY Alnylam Pharmaceuticals Inc. | 0.16% | 1,155 | $459K | No change |
| IGV iShares Expanded Tech-Softwa | 0.16% | 4,325 | $457K | Add +4.8% |
| BSTZ BlackRock Sci & Tech TRM TR | 0.16% | 19,700 | $445K | Reduce -2.5% |
| COF Capital One Financial Corp. | 0.16% | 1,800 | $436K | No change |
| RFMZ Rivernorth Flex Muni II | 0.15% | 34,000 | $430K | No change |
| XBI SS SPDR S&P Biotech ETF | 0.15% | 3,470 | $423K | No change |
| NOW ServiceNow Inc. | 0.15% | 2,700 | $414K | Add +44.0% |
| JNJ Johnson & Johnson | 0.15% | 1,983 | $410K | No change |
| AEP American Electric Power | 0.14% | 3,500 | $404K | No change |
| BX Blackstone Inc. | 0.14% | 2,510 | $387K | No change |
| DFP Flaherty & Crumrine DYN Pref | 0.13% | 18,000 | $374K | Add +16.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.13% | 1,270 | $369K | No change |
| IWS iShares Russell Mid-Cap Valu | 0.13% | 2,500 | $353K | Reduce -37.4% |
| FPF First TR Interm Dur & Inc. | 0.12% | 18,250 | $340K | Add +4.3% |
| PAXS PIMCO Access Income Fund | 0.12% | 22,000 | $337K | No change |
| PDI PIMCO Dynamic Income Fund | 0.12% | 18,474 | $327K | No change |
| ABT Abbott Laboratories | 0.11% | 2,493 | $312K | No change |
Other holdings (3): bonds, preferreds, convertibles and warrants · $1.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DUKE ENERGY CORP (DUK 5.75 PERP A) | Common Stock | 26,145 | $653K | Reduce -18.7% |
| JPMORGAN CHASE & CO (JPM 5.75 PERP DD) | PREFERRED STOCK | 17,200 | $429K | Reduce -25.9% |
| WELLS FARGO & COMPANY (WFC 4.7 PERP AA) | Common Stock | 21,000 | $406K | No change |
Total filed on the 13F, all lines: $280.4M.
Portfolio Sells Q3 2025 → Q4 2025
| IGM iShares Expanded Tech Sector | Reduce -12.2% | 5.71% | −0.69 |
| MSFT Microsoft Corp. | Reduce -7.8% | 2.27% | −0.39 |
| AAPL Apple Inc. | Reduce -11.0% | 4.04% | −0.25 |
| XLK SS Technology Select Sector | Reduce -11.9% | 2.03% | −0.25 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -34.4% | 0.38% | −0.24 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −0.22 |
| MA Mastercard Inc. Class A | Reduce -11.8% | 1.51% | −0.21 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -23.8% | 0.71% | −0.21 |
| VXF Vanguard Extended Market ETF | Reduce -43.7% | 0.25% | −0.20 |
| IWP iShares Russell Mid-Cap Grow | Reduce -7.0% | 1.31% | −0.17 |
| T AT&T Inc. | Reduce -5.9% | 0.74% | −0.16 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −0.16 |
| MDY State Street SPDR S&P Midcap | Sold out | 0.00% | −0.15 |
| BCAT BlackRock Capital Alloc TR | Reduce -18.0% | 0.44% | −0.13 |
| IYY iShares Dow Jones U.S. ETF | Reduce -22.5% | 0.41% | −0.11 |
| OKTA Okta Inc. | Reduce -1.4% | 1.23% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -10.5% | 1.05% | −0.11 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.09 |
| NVDA Nvidia Corp. | Reduce -0.8% | 4.35% | −0.08 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.08 |
| XLY SS Consumer Disc Select Sect | Reduce -5.0% | 1.14% | −0.08 |
| IWS iShares Russell Mid-Cap Valu | Reduce -37.4% | 0.13% | −0.08 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.07 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.07 |
| EVRG Evergy Inc. | Reduce -0.5% | 1.07% | −0.07 |
| WBD Warner Bros Discovery Inc. | Reduce -42.8% | 0.22% | −0.04 |
| JPS Nuveen Preferred & Income SE | Reduce -9.6% | 0.21% | −0.03 |
| GEHC GE Healthcare Technology | Reduce -9.3% | 1.26% | −0.03 |
| PFE Pfizer Inc. | Reduce -1.0% | 0.43% | −0.02 |
| EQT Eqt Corp. | Reduce -12.2% | 0.11% | −0.02 |
| GLW Corning Inc. | Reduce -15.4% | 0.10% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -4.3% | 3.35% | −0.01 |
| NVG Nuveen Amt-FR Muni CRDT | Reduce -6.4% | 0.23% | −0.01 |
| BSTZ BlackRock Sci & Tech TRM TR | Reduce -2.5% | 0.16% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Reduce -1.4% | 0.27% | −0.00 |
| RTX RTX Corp. | Reduce -7.9% | 0.19% | +0.00 |
| XOM Exxon Mobil Corp. | Reduce -5.2% | 0.20% | +0.00 |
| IWM iShares Russell 2000 ETF | Reduce -0.6% | 0.80% | +0.00 |
| PEP Pepsico Inc. | Reduce -0.2% | 1.10% | +0.01 |
| KO The Coca-Cola Co. | Reduce -2.6% | 0.93% | +0.01 |
| SLB SLB Ltd. | Reduce -1.4% | 0.19% | +0.02 |
| BAC Bank of America Corp. | Reduce -1.4% | 0.68% | +0.03 |
| DHR Danaher Corp. | Reduce -6.0% | 1.08% | +0.08 |
| NWE Northwestern Energy Group Inc. | Reduce -1.5% | 1.26% | +0.09 |
| CRM Salesforce Inc. | Reduce -0.3% | 1.19% | +0.11 |
| GOOGL Alphabet Inc. Class A | Reduce -1.2% | 5.00% | +1.03 |
Portfolio Buys Q3 2025 → Q4 2025
| CAT Caterpillar Inc. | Add +0.1% | 2.76% | +0.44 |
| VTI VG Morningstar TS MKT ETF-US | Add +9.6% | 3.44% | +0.34 |
| PH Parker Hannifin Corp. | Add +1.6% | 2.36% | +0.34 |
| GEV GE Vernova Inc. | Add +0.6% | 4.08% | +0.23 |
| AXP American Express Co. | Add +2.0% | 1.95% | +0.22 |
| IWF iShares Russell 1000 Growth | Add +7.0% | 2.72% | +0.18 |
| WAB Wabtec Corp. | Add +1.0% | 1.65% | +0.10 |
| AVGO Broadcom Inc. | Add +1.2% | 1.93% | +0.09 |
| IBIT iShares Bitcoin Trust ETF | New | 0.09% | +0.09 |
| BA The Boeing Co. | New | 0.09% | +0.09 |
| LRCX Lam Research Corp. | New | 0.08% | +0.08 |
| VZ Verizon Communications Inc. | Add +44.2% | 0.32% | +0.08 |
| HBAN Huntington Bancshares Inc. | New | 0.08% | +0.08 |
| FCX Freeport-McMoran Inc. | New | 0.08% | +0.08 |
| D Dominion Energy Inc. | New | 0.07% | +0.07 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +59.5% | 0.21% | +0.07 |
| IVE iShares S&P 500 Value ETF | New | 0.07% | +0.07 |
| XLV SS Health Care Select Sector | New | 0.07% | +0.07 |
| GE General Electric | Add +0.7% | 3.14% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +1.0% | 2.55% | +0.05 |
| PFF iShares Preferred & Income S | Add +11.5% | 0.56% | +0.04 |
| DE Deere & Co. | Add +1.6% | 1.70% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.3% | 3.72% | +0.04 |
| NUV Nuveen Municipal Value | Add +7.4% | 0.47% | +0.03 |
| EMR Emerson Electric Co. | Add +2.6% | 1.03% | +0.03 |
| GLD SPDR Gold Shares | Add +4.2% | 0.21% | +0.03 |
| NOW ServiceNow Inc. | Add +44.0% | 0.15% | +0.02 |
| IMMX Immix Biopharma Inc. | New | 0.02% | +0.02 |
| DFP Flaherty & Crumrine DYN Pref | Add +16.1% | 0.13% | +0.01 |
| MKC McCormick & Co.-Non VTG SHRS | Add +0.8% | 0.66% | +0.01 |
| FPF First TR Interm Dur & Inc. | Add +4.3% | 0.12% | +0.00 |
| IGV iShares Expanded Tech-Softwa | Add +4.8% | 0.16% | −0.01 |
| NFLX Netflix Inc. | Add +16.6% | 0.39% | −0.04 |
Notes & Other Activity Q3 2025 → Q4 2025
| DUKE ENERGY CORP (DUK 5.75 PERP A) | Common Stock | Reduce -18.7% | 26,145 | $653K |
| JPMORGAN CHASE & CO (JPM 4.625 PERP LL) | Common Stock | Sold out | 27,750 | $562Kbefore exit |
| JPMORGAN CHASE & CO (JPM 5.75 PERP DD) | PREFERRED STOCK | Reduce -25.9% | 17,200 | $429K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 127 | $320.8M | GEV, IGM, GOOGL, CAT, NVDA |
| Q1 2026 | 124 | $272.7M | GEV, IGM, GOOGL, NVDA, AAPL |
| Q4 2025 | 123 | $278.9M | IGM, GOOGL, NVDA, GEV, AAPL |
| Q3 2025 | 121 | $276.2M | IGM, NVDA, AAPL, GOOGL, GEV |
| Q2 2025 | 119 | $267.7M | IGM, NVDA, AAPL, AMZN, GEV |
| Q1 2025 | 119 | $243.8M | IGM, AAPL, AMZN, VUG, NVDA |
| Q4 2024 | 120 | $271.9M | IGM, AAPL, NVDA, AMZN, GOOGL |
| Q3 2024 | 122 | $280.7M | IGM, AAPL, NVDA, AMZN, VUG |
| Q2 2024 | 123 | $273.1M | NVDA, IGM, AAPL, AMZN, GOOGL |
| Q1 2024 | 127 | $264.4M | IGM, AAPL, NVDA, AMZN, GOOGL |