Searle & Co.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Searle & Co. reported 184 stock positions worth $376.8 million. Its top holding was Apple (AAPL) at 6.2% of the portfolio, followed by Microsoft (MSFT, 5.5%) and American Express (AXP, 3.7%). Compared with Q2 2025, it opened 9 new positions, sold out of 7, added to 37 and reduced 36. The biggest buy was Chevron (CVX, shares +242%) and the biggest sale an exit from Hess (HES).

Most Recent 13F
Q2 2026
Location
GREENWICH, CT
CIK
0000710127
Portfolio Value
$376.8M (Q3 2025)
SEC Filing
0000710127-25-000007 ↗ filed Nov 4, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $392.1M Q1 2024 Q2 2024: $426.7M Q2 2024 Q3 2024: $400.9M Q3 2024 Q4 2024: $346.1M Q4 2024 Q1 2025: $350.1M Q1 2025 Q2 2025: $353.2M Q2 2025 Q3 2025: $376.8M $376.8M Q3 2025 Q4 2025: $387.6M Q4 2025 Q1 2026: $394.2M Q1 2026 Q2 2026: $445.1M Q2 2026

Holdings 184 stocks · $376.8M
AAPL Apple Inc. 6.25% 92,431 $23.5M Reduce -0.9%
MSFT Microsoft Corp. 5.46% 39,698 $20.6M Add +0.2%
AXP American Express Co. 3.68% 41,714 $13.9M Reduce -1.1%
ABBV Abbvie Inc. 2.94% 47,777 $11.1M Add +0.4%
PANW Palo Alto Networks Inc. 2.87% 53,134 $10.8M No change
CAT Caterpillar Inc. 2.59% 20,441 $9.8M Add +0.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.53% 185,078 $9.5M Add +0.1%
XOM Exxon Mobil Corp. 2.43% 81,082 $9.1M Add +4.5%
PM Philip Morris International 2.41% 56,001 $9.1M No change
V Visa Inc. Class A 2.22% 24,555 $8.4M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.21% 29,548 $8.3M Reduce -1.4%
RTX RTX Corp. 2.10% 47,399 $7.9M Add +0.1%
JNJ Johnson & Johnson 1.91% 38,738 $7.2M Reduce -1.2%
MCD McDonald's Corp. 1.77% 21,931 $6.7M Add +0.0%
PEP Pepsico Inc. 1.73% 46,372 $6.5M Reduce -0.2%
NUE Nucor Corp. 1.63% 45,383 $6.1M No change
CVX Chevron Corp. 1.53% 37,088 $5.8M Add +242.3%
PG The Procter & Gamble Co. 1.50% 36,840 $5.7M Reduce -1.5%
QQQ Invesco QQQ Trust Series 1 1.49% 9,364 $5.6M Add +0.8%
JPM JPMorgan Chase & Co. 1.40% 16,692 $5.3M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 1.25% 9,367 $4.7M No change
HD Home Depot Inc. 1.23% 11,422 $4.6M No change
HON Honeywell International Inc. 1.20% 21,512 $4.5M No change
CSCO Cisco Systems Inc. 1.19% 65,423 $4.5M Add +14.9%
ADP Automatic Data Processing 1.17% 14,982 $4.4M Add +0.1%
MRK Merck & Co. Inc. 1.16% 52,245 $4.4M Reduce -1.9%
ETN Eaton Corp. PLC 1.16% 11,675 $4.4M No change
TRGP Targa Resources Corp. 1.16% 26,000 $4.4M No change
ROK Rockwell Automation Inc. 1.14% 12,293 $4.3M No change
NOC Northrop Grumman Corp. 1.10% 6,788 $4.1M No change
YUM Yum! Brands Inc. 1.09% 26,940 $4.1M No change
BMY Bristol-Myers Squibb Co. 0.94% 78,461 $3.5M Reduce -7.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.88% 4,950 $3.3M Add +2.1%
APG Api Group Corp. 0.80% 87,249 $3.0M No change
RVTY Revvity Inc. 0.79% 33,800 $3.0M No change
QCOM Qualcomm Inc. 0.78% 17,612 $2.9M Add +0.1%
EQH Equitable Holdings Inc. 0.77% 57,467 $2.9M No change
BA The Boeing Co. 0.74% 12,956 $2.8M Add +6.9%
AZN Astrazeneca PLC-Spons ADR 0.72% 35,350 $2.7M No change
LLY Eli Lilly & Co. 0.71% 3,500 $2.7M Add +4.3%
XLK SS Technology Select Sector 0.69% 9,265 $2.6M Add +1.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.66% 22,837 $2.5M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.65% 21,310 $2.4M Reduce -5.0%
NEE Nextera Energy Inc. 0.63% 31,604 $2.4M Reduce -1.6%
PFE Pfizer Inc. 0.62% 92,110 $2.3M Reduce -0.8%
ABT Abbott Laboratories 0.61% 17,268 $2.3M Reduce -1.0%
CVS CVS Health Corp. 0.60% 29,896 $2.3M Add +0.9%
IVV iShares Core S&P 500 ETF 0.58% 3,274 $2.2M No change
FMS Fresenius Medical Care-ADR 0.56% 80,725 $2.1M Add +246.6%
COST Costco Wholesale Corp. 0.56% 2,284 $2.1M No change
TXN Texas Instruments Inc. 0.54% 11,143 $2.0M Reduce -4.1%
RPRX Royalty Pharma PLC Class A 0.54% 57,500 $2.0M No change
AMGN Amgen Inc. 0.51% 6,771 $1.9M Reduce -2.5%
AEP American Electric Power 0.49% 16,310 $1.8M Reduce -4.4%
URI United Rentals Inc. 0.48% 1,875 $1.8M No change
DHR Danaher Corp. 0.46% 8,702 $1.7M No change
UPS United Parcel Service Class B 0.43% 19,495 $1.6M Add +5.4%
BNT Brookfield Wealth Solutions 0.41% 22,654 $1.6M No change
SEE Sealed Air Corp. 0.37% 39,418 $1.4M Add +388.4%
GOOG Alphabet Inc. Class C 0.37% 5,703 $1.4M Add +0.6%
GOOGL Alphabet Inc. Class A 0.36% 5,643 $1.4M No change
CSX CSX Corp. 0.36% 37,692 $1.3M No change
CL Colgate-Palmolive Co. 0.35% 16,512 $1.3M No change
GLW Corning Inc. 0.35% 16,014 $1.3M Add +2.0%
OKE Oneok Inc. 0.33% 17,111 $1.2M Reduce -18.9%
T AT&T Inc. 0.33% 43,959 $1.2M Add +2.2%
VZ Verizon Communications Inc. 0.33% 27,958 $1.2M Add +2.7%
UNP Union Pacific Corp. 0.31% 5,009 $1.2M Reduce -19.8%
RDDT Reddit Inc. Class A 0.31% 5,145 $1.2M Add +120.5%
MSI Motorola Solutions Inc. 0.31% 2,582 $1.2M Add +1.6%
MO Altria Group Inc. 0.31% 17,578 $1.2M No change
DEO Diageo PLC-Sponsored ADR 0.31% 12,062 $1.2M Reduce -3.9%
CWST Casella Waste Systems Inc. Class A 0.30% 12,100 $1.1M Reduce -2.4%
VNOM Viper Energy Inc. Class A 0.30% 29,500 $1.1M New
THC Tenet Healthcare Corp. 0.30% 5,500 $1.1M No change
GE General Electric filed as GE AEROSPACE 0.29% 3,691 $1.1M No change
PSX Phillips 66 0.29% 8,017 $1.1M No change
AMZN Amazon.com Inc. 0.29% 4,900 $1.1M Add +4.3%
NSC Norfolk Southern Corp. 0.27% 3,422 $1.0M Reduce -9.9%
MU Micron Technology Inc. 0.27% 6,000 $1.0M No change
EPD Enterprise Products Partners 0.26% 31,755 $993K Reduce -10.3%
CTVA Corteva Inc. 0.26% 14,495 $980K No change
WHR Whirlpool Corp. 0.25% 12,200 $959K New
WEC WEC Energy Group Inc. 0.25% 8,200 $940K No change
COP Conocophillips 0.25% 9,833 $930K Reduce -18.6%
TRV The Travelers Cos Inc. 0.24% 3,304 $923K No change
IMO Imperial Oil Ltd. 0.24% 10,000 $907K No change
AMAT Applied Materials Inc. 0.23% 4,254 $871K No change
MPLX MPLX LP 0.23% 17,400 $869K No change
DRI Darden Restaurants Inc. 0.23% 4,500 $857K No change
META Meta Platforms Inc. Class A 0.22% 1,151 $845K No change
ELV Elevance Health Inc. 0.22% 2,606 $842K No change
MDLZ Mondelez International Inc. Class A 0.22% 13,100 $818K No change
EMR Emerson Electric Co. 0.22% 6,225 $817K Add +6.9%
AMP Ameriprise Financial Inc. 0.21% 1,615 $793K No change
PHIN Phinia Inc. 0.19% 12,500 $719K No change
GS Goldman Sachs Group Inc. 0.18% 856 $682K No change
UFOX Defiance Space and Connectiv 0.17% 10,534 $650K No change
VB Vanguard Most SM-Cap ETF-Usd 0.17% 2,500 $636K No change
EOG EOG Resources Inc. 0.17% 5,600 $628K No change
CHD Church & Dwight Co. Inc. 0.16% 7,000 $613K Reduce -39.8%
HII Huntington Ingalls Industrie 0.16% 2,126 $612K No change
INTC Intel Corp. 0.16% 17,807 $597K Add +2.3%
SO The Southern Co. 0.16% 6,258 $593K Reduce -13.7%
TSLA Tesla Inc. 0.15% 1,294 $575K Reduce -2.3%
GEV GE Vernova Inc. 0.15% 896 $551K No change
NEM Newmont Corp. 0.14% 6,427 $542K No change
SRE Sempra 0.14% 6,000 $540K No change
EEM iShares MSCI Emerging Market 0.14% 10,086 $539K No change
ADM Archer-Daniels-Midland Co. 0.14% 8,625 $515K Reduce -2.8%
DD Dupont DE Nemours Inc. 0.13% 6,481 $505K Reduce -5.4%
EMN Eastman Chemical Co. 0.13% 8,000 $504K No change
FDX FedEx Corp. 0.13% 2,133 $503K Reduce -8.6%
WFC Wells Fargo & Co. 0.13% 5,887 $493K No change
F Ford Motor Co. filed as FORD MTR CO 0.13% 40,833 $488K Add +2.1%
KO The Coca-Cola Co. 0.13% 7,315 $485K No change
ZTS Zoetis Inc. 0.13% 3,260 $477K New
DGX Quest Diagnostics Inc. 0.13% 2,500 $476K No change
RSP Invesco S&P 500 Equal Weight 0.13% 2,509 $476K No change
SONY Sony Group Corp. - SP ADR 0.13% 16,500 $475K No change
SNY Sanofi-ADR 0.13% 10,000 $472K New
RSG Republic Services Inc. 0.12% 2,000 $459K No change
LHX L3HARRIS Technologies Inc. 0.12% 1,500 $458K No change
MMM 3M Co. 0.12% 2,906 $451K Add +0.7%
UL Unilever PLC 0.12% 7,500 $445K No change
TT Trane Technologies PLC 0.12% 1,050 $443K No change
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.11% 7,490 $431K No change
GLD SPDR Gold Shares 0.11% 1,150 $409K No change
MPC Marathon Petroleum Corp. 0.11% 2,098 $404K No change
CNP Centerpoint Energy Inc. 0.11% 10,334 $401K No change
ET Energy Transfer LP 0.11% 23,344 $401K No change
EFA iShares MSCI Eafe ETF 0.11% 4,269 $399K No change
KMB Kimberly-Clark Corp. 0.11% 3,185 $396K Reduce -26.1%
JEF Jefferies Financial Group Inc. 0.10% 6,000 $393K No change
RJF Raymond James Financial Inc. 0.10% 2,260 $390K New
XIFR XPLR Infrastructure LP 0.10% 38,075 $387K Reduce -2.6%
NFLX Netflix Inc. 0.10% 320 $384K No change
CEG Constellation Energy 0.10% 1,155 $380K No change
MET Metlife Inc. 0.10% 4,570 $376K No change
DUK Duke Energy Corp. 0.09% 2,786 $345K Reduce -28.8%
BX Blackstone Inc. 0.09% 2,000 $342K No change
XLE SS Energy Select Sector 0.09% 3,818 $341K No change
XME SS SPDR S&P Metals Mining 0.09% 3,620 $337K No change
NKE Nike Inc. Class B 0.09% 4,835 $337K No change
TMO Thermo Fisher Scientific Inc. 0.09% 685 $332K No change
CQP Cheniere Energy Partners LP 0.09% 6,000 $323K No change
BAM Brookfield Asset Mgmt-A 0.09% 5,662 $322K No change
AVGO Broadcom Inc. 0.08% 970 $320K No change
IXN iShares Global Tech ETF 0.08% 3,000 $310K No change
GMMF iShares Govt MMKT ETF 0.08% 3,000 $301K No change
LOW Lowe's Cos Inc. 0.08% 1,182 $297K No change
ACN Accenture PLC Class A 0.08% 1,203 $297K Reduce -7.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.08% 1,000 $294K No change
ADBE Adobe Inc. 0.08% 824 $291K No change
DOW Dow Inc. 0.08% 12,555 $288K Reduce -13.5%
PAYX Paychex Inc. 0.07% 2,200 $279K No change
DKS Dick's Sporting Goods Inc. 0.07% 1,250 $278K No change
CLX Clorox Company 0.07% 2,246 $277K No change
LMT Lockheed Martin Corp. 0.07% 553 $276K Add +0.6%
VLTO Veralto Corp. 0.07% 2,589 $276K No change
FE Firstenergy Corp. 0.07% 5,837 $267K Add +3.8%
VLO Valero Energy Corp. 0.07% 1,558 $265K No change
C Citigroup Inc. 0.07% 2,582 $262K Reduce -0.3%
HAL Halliburton Co. 0.07% 10,249 $252K No change
VOO Vanguard S&P 500 ETF 0.07% 405 $248K No change
APH Amphenol Corp. Class A 0.07% 2,000 $248K New
CMCSA Comcast Corp. Class A 0.06% 7,760 $244K Add +5.4%
MELI MercadoLibre Inc. 0.06% 100 $234K No change
FEZ State Street SPDR Euro Stoxx 0.06% 3,733 $232K No change
XLF SS Financial Select Sector 0.06% 4,302 $232K No change
GIS General Mills Inc. 0.06% 4,533 $229K Add +13.3%
GILD Gilead Sciences Inc. 0.06% 2,050 $228K No change
NVDA Nvidia Corp. 0.06% 1,200 $224K Reduce -11.1%
D Dominion Energy Inc. 0.06% 3,631 $222K Reduce -7.8%
RDN Radian Group Inc. 0.06% 6,026 $218K New
CRC California Resources Corp. 0.06% 4,000 $213K New
PEO Adams Natural Resources Fund 0.06% 9,760 $210K Add +2.4%
TGT Target Corp. 0.05% 2,300 $206K No change
SMH Vaneck Semiconductor ETF 0.05% 627 $205K New
AMLP Alerian MLP ETF 0.05% 4,337 $204K No change
NOK Nokia Corp.-Spon ADR 0.03% 27,223 $131K No change
HRTX Heron Therapeutics Inc. 0.03% 86,250 $109K No change
TMC TMC the Metals Co. Inc. 0.02% 10,000 $64K No change
VGZ Vista Gold Corp. 0.02% 27,000 $58K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $707K (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 573$707KReduce -10.1%

Total filed on the 13F, all lines: $377.5M.

Portfolio Sells Q2 2025 → Q3 2025
HES Hess Corp. Sold out 0.00% −0.97
VNOM Viper Energy Inc. Sold out 0.00% −0.32
IBM Intl Business Machines Corp. Reduce -1.4% 2.21% −0.29
PG The Procter & Gamble Co. Reduce -1.5% 1.50% −0.18
BMY Bristol-Myers Squibb Co. Reduce -7.0% 0.94% −0.17
OKE Oneok Inc. Reduce -18.9% 0.33% −0.16
CHD Church & Dwight Co. Inc. Reduce -39.8% 0.16% −0.15
DIS The Walt Disney Co. Reduce -5.0% 0.65% −0.14
TXN Texas Instruments Inc. Reduce -4.1% 0.54% −0.14
AXP American Express Co. Reduce -1.1% 3.68% −0.13
CWST Casella Waste Systems Inc. Class A Reduce -2.4% 0.30% −0.10
UNP Union Pacific Corp. Reduce -19.8% 0.31% −0.09
GPC Genuine Parts Co. Sold out 0.00% −0.08
IFF Intl Flavors & Fragrances Sold out 0.00% −0.06
COP Conocophillips Reduce -18.6% 0.25% −0.06
ABT Abbott Laboratories Reduce -1.0% 0.61% −0.06
JAAA Janus Henderson Aaa Clo ETF Sold out 0.00% −0.06
SAP Sap SE-Sponsored ADR Sold out 0.00% −0.06
DEO Diageo PLC-Sponsored ADR Reduce -3.9% 0.31% −0.05
KMB Kimberly-Clark Corp. Reduce -26.1% 0.11% −0.05
EPD Enterprise Products Partners Reduce -10.3% 0.26% −0.05
AMGN Amgen Inc. Reduce -2.5% 0.51% −0.04
VTRS Viatris Inc. Sold out 0.00% −0.04
DUK Duke Energy Corp. Reduce -28.8% 0.09% −0.04
DOW Dow Inc. Reduce -13.5% 0.08% −0.03
ACN Accenture PLC Class A Reduce -7.7% 0.08% −0.03
SO The Southern Co. Reduce -13.7% 0.16% −0.03
MRK Merck & Co. Inc. Reduce -1.9% 1.16% −0.03
FDX FedEx Corp. Reduce -8.6% 0.13% −0.02
AEP American Electric Power Reduce -4.4% 0.49% −0.01
PFE Pfizer Inc. Reduce -0.8% 0.62% −0.01
PEP Pepsico Inc. Reduce -0.2% 1.73% −0.01
D Dominion Energy Inc. Reduce -7.8% 0.06% −0.00
NSC Norfolk Southern Corp. Reduce -9.9% 0.27% −0.00
NVDA Nvidia Corp. Reduce -11.1% 0.06% −0.00
DD Dupont DE Nemours Inc. Reduce -5.4% 0.13% +0.00
NEE Nextera Energy Inc. Reduce -1.6% 0.63% +0.00
ADM Archer-Daniels-Midland Co. Reduce -2.8% 0.14% +0.00
C Citigroup Inc. Reduce -0.3% 0.07% +0.01
XIFR XPLR Infrastructure LP Reduce -2.6% 0.10% +0.01
TSLA Tesla Inc. Reduce -2.3% 0.15% +0.03
JNJ Johnson & Johnson Reduce -1.2% 1.91% +0.21
AAPL Apple Inc. Reduce -0.9% 6.25% +0.83

Portfolio Buys Q2 2025 → Q3 2025
CVX Chevron Corp. Add +242.3% 1.53% +1.09
ABBV Abbvie Inc. Add +0.4% 2.94% +0.44
FMS Fresenius Medical Care-ADR Add +246.6% 0.56% +0.38
CAT Caterpillar Inc. Add +0.9% 2.59% +0.36
VNOM Viper Energy Inc. Class A New 0.30% +0.30
SEE Sealed Air Corp. Add +388.4% 0.37% +0.30
WHR Whirlpool Corp. New 0.25% +0.25
RDDT Reddit Inc. Class A Add +120.5% 0.31% +0.21
RTX RTX Corp. Add +0.1% 2.10% +0.15
ZTS Zoetis Inc. New 0.13% +0.13
SNY Sanofi-ADR New 0.13% +0.13
GLW Corning Inc. Add +2.0% 0.35% +0.11
RJF Raymond James Financial Inc. New 0.10% +0.10
GOOG Alphabet Inc. Class C Add +0.6% 0.37% +0.08
CSCO Cisco Systems Inc. Add +14.9% 1.19% +0.07
APH Amphenol Corp. Class A New 0.07% +0.07
XOM Exxon Mobil Corp. Add +4.5% 2.43% +0.06
RDN Radian Group Inc. New 0.06% +0.06
BAC Bank of America Corp. Add +0.1% 2.53% +0.06
CRC California Resources Corp. New 0.06% +0.06
SMH Vaneck Semiconductor ETF New 0.05% +0.05
INTC Intel Corp. Add +2.3% 0.16% +0.05
QQQ Invesco QQQ Trust Series 1 Add +0.8% 1.49% +0.04
XLK SS Technology Select Sector Add +1.1% 0.69% +0.04
JPM JPMorgan Chase & Co. Add +0.1% 1.40% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +2.1% 0.88% +0.03
BA The Boeing Co. Add +6.9% 0.74% +0.02
CVS CVS Health Corp. Add +0.9% 0.60% +0.02
MSI Motorola Solutions Inc. Add +1.6% 0.31% +0.01
FE Firstenergy Corp. Add +3.8% 0.07% +0.01
F Ford Motor Co. Add +2.1% 0.13% +0.01
GIS General Mills Inc. Add +13.3% 0.06% +0.00
LMT Lockheed Martin Corp. Add +0.6% 0.07% +0.00
PEO Adams Natural Resources Fund Add +2.4% 0.06% −0.00
EMR Emerson Electric Co. Add +6.9% 0.22% −0.00
MMM 3M Co. Add +0.7% 0.12% −0.00
AMZN Amazon.com Inc. Add +4.3% 0.29% −0.01
VZ Verizon Communications Inc. Add +2.7% 0.33% −0.01
CMCSA Comcast Corp. Class A Add +5.4% 0.06% −0.01
QCOM Qualcomm Inc. Add +0.1% 0.78% −0.02
T AT&T Inc. Add +2.2% 0.33% −0.02
LLY Eli Lilly & Co. Add +4.3% 0.71% −0.03
MCD McDonald's Corp. Add +0.0% 1.77% −0.04
UPS United Parcel Service Class B Add +5.4% 0.43% −0.10
MSFT Microsoft Corp. Add +0.2% 5.46% −0.12
ADP Automatic Data Processing Add +0.1% 1.17% −0.14

Notes & Other Activity Q2 2025 → Q3 2025
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -10.1% 573 $707K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 194$445.1MAAPL, CAT, PANW, MSFT, AXP
Q1 2026 192$394.2MAAPL, MSFT, CAT, XOM, AXP
Q4 2025 187$387.6MAAPL, MSFT, AXP, CAT, ABBV
Q3 2025 184$376.8MAAPL, MSFT, AXP, ABBV, PANW
Q2 2025 182$353.2MMSFT, AAPL, AXP, PANW, PM
Q1 2025 175$350.1MAAPL, MSFT, AXP, ABBV, XOM
Q4 2024 176$346.1MAAPL, MSFT, AXP, PANW, ABBV
Q3 2024 171$400.9MJPM, AAPL, MSFT, AXP, ABBV
Q2 2024 184$426.7MJPM, AAPL, XOM, MSFT, PG
Q1 2024 163$392.1MJPM, AAPL, XOM, MSFT, PG