Wendell David Associates Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 27, 2026), Wendell David Associates Inc. reported 155 stock positions worth $946.7 million. Its top holding was Apple (AAPL) at 7.8% of the portfolio, followed by Mastercard Class A (MA, 5.9%) and TJX Companies (TJX, 5.8%). Compared with Q1 2026, it opened 6 new positions, sold out of 3, added to 21 and reduced 71. The biggest buy was Eli Lilly (LLY, shares +1%) and the biggest sale Intuit (INTU, shares −2%).

Most Recent 13F
Q2 2026
Location
PORTSMOUTH, NH
CIK
0000878228
Portfolio Value
$946.7M (Q2 2026)
SEC Filing
0000878228-26-000007 ↗ filed Jul 27, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $989.6M Q1 2024 Q2 2024: $981.4M Q2 2024 Q3 2024: $1.0B Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $994.3M Q2 2025 Q3 2025: $1.0B Q3 2025 Q4 2025: $984.3M Q4 2025 Q1 2026: $918.9M Q1 2026 Q2 2026: $946.7M $946.7M Q2 2026

Holdings 155 stocks · $946.7M
AAPL Apple Inc. 7.77% 254,154 $73.5M Add +0.7%
MA Mastercard Inc. Class A 5.88% 108,351 $55.6M Add +0.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 5.76% 360,164 $54.6M Reduce -0.1%
LLY Eli Lilly & Co. 5.63% 44,419 $53.3M Add +1.4%
MSFT Microsoft Corp. 5.16% 131,068 $48.9M Reduce -0.4%
GOOGL Alphabet Inc. Class A 4.16% 110,181 $39.4M Reduce -1.6%
ADP Automatic Data Processing 4.09% 172,935 $38.7M Add +0.0%
SYK Stryker Corp. 3.71% 111,616 $35.1M Add +0.1%
JNJ Johnson & Johnson 2.70% 100,552 $25.5M Reduce -0.1%
ABBV Abbvie Inc. 2.56% 96,228 $24.2M Add +0.8%
NEE Nextera Energy Inc. 2.30% 247,598 $21.7M Reduce -0.7%
ECL Ecolab Inc. 2.21% 75,205 $21.0M Add +4.1%
MPC Marathon Petroleum Corp. 2.06% 76,329 $19.5M Reduce -0.6%
MCD McDonald's Corp. 2.04% 71,366 $19.3M Reduce -0.2%
ABT Abbott Laboratories 1.94% 202,659 $18.4M Reduce -3.8%
COST Costco Wholesale Corp. 1.76% 17,775 $16.6M Reduce -0.8%
KO The Coca-Cola Co. 1.44% 168,150 $13.7M Add +0.0%
PG The Procter & Gamble Co. 1.36% 88,035 $12.9M Reduce -0.2%
WSO Watsco Inc. 1.33% 30,149 $12.6M Reduce -1.8%
XOM Exxon Mobil Corp. 1.33% 91,891 $12.6M Add +0.4%
CHD Church & Dwight Co. Inc. 1.22% 119,166 $11.5M Reduce -11.7%
APH Amphenol Corp. Class A 1.15% 61,475 $10.8M Add +8.3%
AMZN Amazon.com Inc. 1.12% 44,584 $10.6M Add +6.2%
INTU Intuit Inc. 1.07% 38,906 $10.2M Reduce -2.1%
PEP Pepsico Inc. 1.03% 71,867 $9.7M Reduce -0.9%
BR Broadridge Financial Solutio 1.01% 70,042 $9.6M Reduce -19.4%
WMT Walmart Inc. 0.93% 77,479 $8.8M No change
DHR Danaher Corp. 0.91% 45,350 $8.6M Reduce -1.8%
HD Home Depot Inc. 0.89% 23,760 $8.4M Reduce -3.4%
RTX RTX Corp. 0.87% 43,314 $8.2M No change
SHW The Sherwin-Williams Co. 0.79% 21,814 $7.5M Reduce -3.1%
MRK Merck & Co. Inc. 0.77% 56,376 $7.2M No change
BRK.B Berkshire Hathaway Inc. Class B 0.74% 13,975 $7.0M Reduce -3.9%
CL Colgate-Palmolive Co. 0.71% 72,984 $6.7M Add +2.0%
CASY Casey's General Stores Inc. 0.71% 8,416 $6.7M Reduce -0.2%
V Visa Inc. Class A 0.66% 18,178 $6.2M Reduce -1.6%
IDXX Idexx Laboratories Inc. 0.63% 11,363 $6.0M Add +2.7%
QCOM Qualcomm Inc. 0.63% 32,227 $6.0M Reduce -5.3%
CSCO Cisco Systems Inc. 0.58% 46,528 $5.5M Reduce -0.0%
GWW WW Grainger Inc. 0.56% 3,884 $5.3M Add +3.4%
ADI Analog Devices Inc. 0.55% 13,129 $5.2M No change
MKC McCormick & Co.-Non VTG SHRS 0.54% 102,193 $5.2M Reduce -22.3%
SYY Sysco Corp. 0.52% 59,349 $5.0M Reduce -1.0%
ORLY O'reilly Automotive Inc. 0.51% 52,662 $4.8M Add +0.4%
EMR Emerson Electric Co. 0.50% 33,356 $4.8M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.50% 20,660 $4.7M Reduce -2.4%
APD Air Products & Chemicals Inc. 0.48% 15,610 $4.6M Reduce -0.8%
DE Deere & Co. 0.46% 6,853 $4.3M No change
VEEV Veeva Systems Inc. Class A 0.45% 24,174 $4.3M Reduce -10.7%
LOW Lowe's Cos Inc. 0.45% 19,282 $4.3M Reduce -0.5%
EQIX Equinix Inc. 0.45% 4,070 $4.2M Reduce -3.1%
NVDA Nvidia Corp. 0.44% 20,670 $4.1M Add +37.2%
FDS Factset Research Systems Inc. 0.43% 17,546 $4.0M Reduce -0.6%
HEI Heico Corp. 0.42% 11,099 $4.0M Add +8.9%
AMGN Amgen Inc. 0.41% 10,743 $3.9M Reduce -0.5%
LMT Lockheed Martin Corp. 0.37% 6,962 $3.5M Reduce -2.6%
FAST Fastenal Co. 0.36% 71,800 $3.4M No change
ITW Illinois Tool Works 0.36% 12,668 $3.4M Add +0.8%
SNPS Synopsys Inc. 0.36% 7,565 $3.4M Add +2.2%
NKE Nike Inc. Class B 0.34% 78,900 $3.2M Reduce -22.9%
NVO Novo-Nordisk A/S-Spons ADR 0.30% 59,058 $2.8M No change
PAYX Paychex Inc. 0.28% 26,552 $2.6M Reduce -0.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.24% 8,235 $2.3M Reduce -0.3%
DKS Dick's Sporting Goods Inc. 0.24% 9,901 $2.2M Reduce -2.4%
UNP Union Pacific Corp. 0.24% 8,220 $2.2M No change
PM Philip Morris International 0.22% 11,442 $2.1M Reduce -1.7%
ISRG Intuitive Surgical Inc. 0.22% 5,144 $2.0M No change
BCPC Balchem Corp. 0.22% 12,090 $2.0M Add +11.0%
PFF iShares Preferred & Income S 0.20% 63,062 $1.9M No change
FISV Fiserv Inc. 0.20% 39,022 $1.9M Reduce -20.7%
BDX Becton Dickinson and Co. 0.20% 12,569 $1.9M Reduce -4.1%
GILD Gilead Sciences Inc. 0.18% 13,440 $1.7M No change
VZ Verizon Communications Inc. 0.17% 38,591 $1.6M Reduce -0.7%
ACN Accenture PLC Class A 0.17% 13,050 $1.6M Reduce -14.4%
PFE Pfizer Inc. 0.17% 65,922 $1.6M No change
HON Honeywell International Inc. 0.16% 6,832 $1.5M Reduce -50.4%
PPG PPG Industries Inc. 0.16% 12,457 $1.5M No change
HONA Honeywell Aerospace Inc. 0.16% 6,832 $1.5M Reduce -0.8%
AMT American Tower Corp. 0.16% 9,002 $1.5M Reduce -31.5%
CAT Caterpillar Inc. 0.15% 1,358 $1.4M No change
EXPD Expeditors Intl Wash Inc. 0.15% 8,750 $1.4M No change
GOOG Alphabet Inc. Class C 0.15% 3,898 $1.4M Add +3.1%
MMM 3M Co. 0.14% 8,453 $1.4M No change
COP Conocophillips 0.14% 12,991 $1.4M No change
CVX Chevron Corp. 0.14% 7,866 $1.3M No change
JPM JPMorgan Chase & Co. 0.13% 3,875 $1.3M Reduce -3.1%
NSC Norfolk Southern Corp. 0.13% 4,000 $1.3M Reduce -0.6%
BAC Bank of America Corp. 0.12% 20,173 $1.1M Reduce -1.0%
SBUX Starbucks Corp. 0.12% 10,670 $1.1M Reduce -3.8%
CARR Carrier Global Corp. 0.11% 14,286 $1.0M Reduce -0.9%
TMO Thermo Fisher Scientific Inc. 0.11% 2,087 $1.0M Reduce -15.1%
NOC Northrop Grumman Corp. 0.10% 1,922 $979K No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.10% 7,010 $966K Reduce -2.2%
VLTO Veralto Corp. 0.10% 10,858 $963K Reduce -3.5%
HSY The Hershey Co. 0.10% 5,331 $935K No change
ROST Ross Stores Inc. 0.10% 4,390 $934K No change
PANW Palo Alto Networks Inc. 0.10% 2,640 $900K Reduce -22.7%
ULTA Ulta Beauty Inc. 0.09% 1,950 $879K No change
HPE Hewlett Packard Enterprise 0.09% 19,200 $866K No change
EW Edwards Lifesciences Corp. 0.09% 9,060 $820K No change
WSM Williams-Sonoma Inc. 0.08% 3,400 $793K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.08% 8,087 $778K No change
GE General Electric filed as GE AEROSPACE 0.08% 2,070 $774K Reduce -9.1%
BRK.A Berkshire Hathaway Inc. Class A 0.08% 1 $749K No change
ALCO Alico Inc. 0.08% 17,866 $739K No change
BMY Bristol-Myers Squibb Co. 0.08% 12,578 $725K Reduce -3.5%
BF.B Brown-Forman Corp. Class B 0.08% 27,150 $724K Reduce -9.4%
GEV GE Vernova Inc. 0.07% 560 $658K Reduce -15.2%
RBC RBC Bearings Inc. 0.07% 990 $638K Reduce -23.3%
WAT Waters Corp. 0.07% 1,698 $637K Reduce -4.1%
CSX CSX Corp. 0.07% 13,368 $635K No change
GLW Corning Inc. 0.07% 2,477 $633K No change
RHHBY Roche Holdings Ltd.-Spons ADR 0.07% 12,100 $621K No change
HPQ HP Inc. 0.06% 27,700 $608K No change
MO Altria Group Inc. 0.06% 8,081 $581K No change
CI Cigna Holding Co. filed as THE CIGNA GROUP 0.06% 2,102 $579K Reduce -9.3%
ORCL Oracle Corp. 0.06% 3,885 $569K No change
FBIN Fortune Brands Innovations I 0.06% 10,347 $568K No change
LIN Linde PLC 0.06% 1,026 $532K Reduce -4.7%
AVGO Broadcom Inc. 0.05% 1,363 $515K No change
DRI Darden Restaurants Inc. 0.05% 2,500 $515K No change
MRVL Marvell Technology Inc. 0.05% 1,625 $484K New
INTC Intel Corp. 0.05% 3,450 $482K New
DUK Duke Energy Corp. 0.05% 3,790 $480K No change
ALL Allstate Corp. 0.05% 2,000 $476K No change
LHX L3HARRIS Technologies Inc. 0.05% 1,595 $463K No change
T AT&T Inc. 0.05% 21,986 $455K No change
EOG EOG Resources Inc. 0.05% 3,363 $436K No change
TRMB Trimble Inc. 0.05% 8,500 $435K Reduce -2.3%
MDLZ Mondelez International Inc. Class A 0.04% 6,932 $401K Reduce -6.7%
AME Ametek Inc. 0.04% 1,625 $393K Reduce -21.7%
GPC Genuine Parts Co. 0.04% 3,305 $390K No change
ETN Eaton Corp. PLC 0.04% 903 $385K Reduce -1.9%
TXN Texas Instruments Inc. 0.04% 1,267 $378K No change
SBGSY Schneider Elect SE-Unsp ADR 0.04% 5,385 $351K New
KMI Kinder Morgan Inc. 0.03% 10,000 $320K No change
UNH Unitedhealth Group Inc. 0.03% 767 $319K No change
CTAS Cintas Corp. 0.03% 1,867 $318K Reduce -13.8%
CSL Carlisle Cos Inc. 0.03% 861 $312K Reduce -2.8%
CMI Cummins Inc. 0.03% 422 $301K No change
SOLS Solstice Adv Materials Inc. 0.03% 3,304 $293K Reduce -1.7%
OTIS Otis Worldwide Corp. 0.03% 4,027 $288K No change
INGR Ingredion Inc. 0.03% 3,000 $284K No change
TT Trane Technologies PLC 0.03% 565 $278K No change
RSG Republic Services Inc. 0.03% 1,250 $266K Reduce -2.0%
WM Waste Management Inc. 0.03% 1,152 $257K No change
GD General Dynamics Corp. 0.03% 700 $248K No change
TMUS T-Mobile US Inc. 0.03% 1,478 $248K Reduce -0.1%
TECH Bio-Techne Corp. 0.02% 3,300 $233K New
AMAT Applied Materials Inc. 0.02% 319 $231K New
EBAY eBay Inc. 0.02% 2,000 $224K New
PSX Phillips 66 0.02% 1,305 $221K No change
FLO Flowers Foods Inc. 0.02% 20,100 $159K No change
IMRX Immuneering Corp. Class A 0.01% 15,000 $75K No change
BSTK Brite-Strike Tactical Illumi 0.00% 53,000 $1K No change

Portfolio Sells Q1 2026 → Q2 2026
INTU Intuit Inc. Reduce -2.1% 1.07% −0.80
BR Broadridge Financial Solutio Reduce -19.4% 1.01% −0.52
TJX TJX Companies Inc. Reduce -0.1% 5.76% −0.50
ABT Abbott Laboratories Reduce -3.8% 1.94% −0.41
MCD McDonald's Corp. Reduce -0.2% 2.04% −0.38
NKE Nike Inc. Class B Reduce -22.9% 0.34% −0.25
NEE Nextera Energy Inc. Reduce -0.7% 2.30% −0.23
PEP Pepsico Inc. Reduce -0.9% 1.03% −0.20
COST Costco Wholesale Corp. Reduce -0.8% 1.76% −0.19
MKC McCormick & Co.-Non VTG SHRS Reduce -22.3% 0.54% −0.18
HON Honeywell International Inc. Reduce -50.4% 0.16% −0.18
ACN Accenture PLC Class A Reduce -14.4% 0.17% −0.16
CHD Church & Dwight Co. Inc. Reduce -11.7% 1.22% −0.15
MSFT Microsoft Corp. Reduce -0.4% 5.16% −0.14
FISV Fiserv Inc. Reduce -20.7% 0.20% −0.10
LMT Lockheed Martin Corp. Reduce -2.6% 0.37% −0.10
AMT American Tower Corp. Reduce -31.5% 0.16% −0.09
VEEV Veeva Systems Inc. Class A Reduce -10.7% 0.45% −0.06
ZTS Zoetis Inc. Sold out 0.00% −0.06
LOW Lowe's Cos Inc. Reduce -0.5% 0.45% −0.05
DHR Danaher Corp. Reduce -1.8% 0.91% −0.04
TSCO Tractor Supply Company Sold out 0.00% −0.04
VZ Verizon Communications Inc. Reduce -0.7% 0.17% −0.04
BDX Becton Dickinson and Co. Reduce -4.1% 0.20% −0.02
PG The Procter & Gamble Co. Reduce -0.2% 1.36% −0.02
CB Chubb Ltd. Sold out 0.00% −0.02
JKHY Jack Henry & Associates Inc. Reduce -2.2% 0.10% −0.02
TMO Thermo Fisher Scientific Inc. Reduce -15.1% 0.11% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -3.9% 0.74% −0.02
TRMB Trimble Inc. Reduce -2.3% 0.05% −0.02
APD Air Products & Chemicals Inc. Reduce -0.8% 0.48% −0.01
BF.B Brown-Forman Corp. Class B Reduce -9.4% 0.08% −0.01
BMY Bristol-Myers Squibb Co. Reduce -3.5% 0.08% −0.01
RBC RBC Bearings Inc. Reduce -23.3% 0.07% −0.01
TMUS T-Mobile US Inc. Reduce -0.1% 0.03% −0.01
AME Ametek Inc. Reduce -21.7% 0.04% −0.01
VLTO Veralto Corp. Reduce -3.5% 0.10% −0.01
CTAS Cintas Corp. Reduce -13.8% 0.03% −0.01
CI Cigna Holding Co. Reduce -9.3% 0.06% −0.01
HONA Honeywell Aerospace Inc. Reduce -0.8% 0.16% −0.01
MDLZ Mondelez International Inc. Class A Reduce -6.7% 0.04% −0.00
AMGN Amgen Inc. Reduce -0.5% 0.41% −0.00
RSG Republic Services Inc. Reduce -2.0% 0.03% −0.00
LIN Linde PLC Reduce -4.7% 0.06% −0.00
EQIX Equinix Inc. Reduce -3.1% 0.45% −0.00
CSL Carlisle Cos Inc. Reduce -2.8% 0.03% +0.00
AJG Arthur J Gallagher & Co. Reduce -2.4% 0.50% +0.00
SOLS Solstice Adv Materials Inc. Reduce -1.7% 0.03% +0.00
ETN Eaton Corp. PLC Reduce -1.9% 0.04% +0.00
HD Home Depot Inc. Reduce -3.4% 0.89% +0.01

Portfolio Buys Q1 2026 → Q2 2026
LLY Eli Lilly & Co. Add +1.4% 5.63% +1.24
AAPL Apple Inc. Add +0.7% 7.77% +0.80
APH Amphenol Corp. Class A Add +8.3% 1.15% +0.36
ABBV Abbvie Inc. Add +0.8% 2.56% +0.30
ADP Automatic Data Processing Add +0.0% 4.09% +0.27
AMZN Amazon.com Inc. Add +6.2% 1.12% +0.17
NVDA Nvidia Corp. Add +37.2% 0.44% +0.15
ECL Ecolab Inc. Add +4.1% 2.21% +0.12
HEI Heico Corp. Add +8.9% 0.42% +0.11
GWW WW Grainger Inc. Add +3.4% 0.56% +0.11
KO The Coca-Cola Co. Add +0.0% 1.44% +0.05
MRVL Marvell Technology Inc. New 0.05% +0.05
INTC Intel Corp. New 0.05% +0.05
CL Colgate-Palmolive Co. Add +2.0% 0.71% +0.04
SNPS Synopsys Inc. Add +2.2% 0.36% +0.04
SBGSY Schneider Elect SE-Unsp ADR New 0.04% +0.04
MA Mastercard Inc. Class A Add +0.8% 5.88% +0.03
GOOG Alphabet Inc. Class C Add +3.1% 0.15% +0.03
TECH Bio-Techne Corp. New 0.02% +0.02
AMAT Applied Materials Inc. New 0.02% +0.02
EBAY eBay Inc. New 0.02% +0.02
BCPC Balchem Corp. Add +11.0% 0.22% +0.01
ITW Illinois Tool Works Add +0.8% 0.36% +0.01
ORLY O'reilly Automotive Inc. Add +0.4% 0.51% −0.01
IDXX Idexx Laboratories Inc. Add +2.7% 0.63% −0.04
SYK Stryker Corp. Add +0.1% 3.71% −0.28
XOM Exxon Mobil Corp. Add +0.4% 1.33% −0.36

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 155$946.7MAAPL, MA, TJX, LLY, MSFT
Q1 2026 151$918.9MAAPL, TJX, MA, MSFT, LLY
Q4 2025 149$984.3MAAPL, MSFT, MA, TJX, LLY
Q3 2025 149$1.0BMSFT, AAPL, MA, TJX, ADP
Q2 2025 147$994.3MMSFT, MA, AAPL, ADP, TJX
Q1 2025 151$1.0BAAPL, MA, ADP, MSFT, TJX
Q4 2024 154$1.0BAAPL, MA, MSFT, ADP, TJX
Q3 2024 160$1.0BAAPL, MA, MSFT, ADP, TJX
Q2 2024 159$981.4MAAPL, MSFT, MA, ADP, TJX
Q1 2024 163$989.6MMA, MSFT, AAPL, ADP, SYK