Westchester Capital Management, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 6, 2026), Westchester Capital Management, Inc. reported 45 stock positions worth $496.5 million. Its top holding was Caterpillar (CAT) at 8.4% of the portfolio, followed by Apple (AAPL, 8.0%) and Walmart (WMT, 6.3%). Compared with Q4 2025, it opened 2 new positions, added to 12 and reduced 19. The biggest buy was a new position in Waters (WAT) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- OMAHA, NE
- CIK
- 0001390063
- Portfolio Value
- $496.5M (Q1 2026)
- SEC Filing
- 0001104659-26-056078 ↗ filed May 6, 2026
Holdings Value
Holdings 45 stocks · $496.5M
| CAT Caterpillar Inc. | 8.40% | 58,862 | $41.7M | Reduce -0.4% |
| AAPL Apple Inc. | 8.01% | 156,692 | $39.8M | Reduce -0.1% |
| WMT Walmart Inc. | 6.29% | 251,380 | $31.2M | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 6.00% | 103,578 | $29.8M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.53% | 57,299 | $27.5M | Add +0.7% |
| MSFT Microsoft Corp. | 5.49% | 73,677 | $27.3M | Add +1.5% |
| JPM JPMorgan Chase & Co. | 4.94% | 83,413 | $24.5M | Add +1.2% |
| ABBV Abbvie Inc. | 4.54% | 103,643 | $22.5M | Add +1.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 4.41% | 184,721 | $21.9M | Add +7.0% |
| VLO Valero Energy Corp. | 4.26% | 85,673 | $21.2M | Reduce -0.2% |
| WM Waste Management Inc. | 4.18% | 90,325 | $20.8M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 4.12% | 120,573 | $20.5M | Reduce -0.9% |
| CSCO Cisco Systems Inc. | 3.93% | 251,486 | $19.5M | Reduce -0.1% |
| LMT Lockheed Martin Corp. | 3.92% | 32,191 | $19.5M | Reduce -0.3% |
| MCD McDonald's Corp. | 3.23% | 51,608 | $16.0M | Reduce -0.1% |
| JNJ Johnson & Johnson | 2.99% | 60,653 | $14.8M | Reduce -0.2% |
| MCHP Microchip Technology Inc. | 2.62% | 201,060 | $13.0M | Add +1.4% |
| HD Home Depot Inc. | 2.59% | 39,087 | $12.9M | Add +1.4% |
| AMZN Amazon.com Inc. | 1.78% | 42,390 | $8.8M | Add +2.2% |
| MDT Medtronic PLC | 1.77% | 101,322 | $8.8M | Add +1.9% |
| CRM Salesforce Inc. | 1.74% | 46,204 | $8.6M | Add +2.1% |
| INTC Intel Corp. | 1.68% | 189,530 | $8.4M | Reduce -0.3% |
| PFE Pfizer Inc. | 1.59% | 281,628 | $7.9M | Reduce -0.1% |
| BDX Becton Dickinson and Co. | 1.50% | 47,300 | $7.4M | Reduce -0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.90% | 46,138 | $4.4M | Reduce -0.0% |
| T AT&T Inc. | 0.71% | 121,848 | $3.5M | Reduce -0.4% |
| PEP Pepsico Inc. | 0.46% | 14,572 | $2.3M | Add +9.5% |
| BA The Boeing Co. | 0.41% | 10,353 | $2.1M | No change |
| NVDA Nvidia Corp. | 0.39% | 11,235 | $2.0M | No change |
| IVV iShares Core S&P 500 ETF | 0.38% | 2,896 | $1.9M | No change |
| WAT Waters Corp. | 0.37% | 6,184 | $1.8M | New |
| LOW Lowe's Cos Inc. | 0.19% | 3,958 | $935K | Reduce -0.9% |
| CAG Conagra Brands Inc. | 0.17% | 53,416 | $840K | Reduce -0.3% |
| META Meta Platforms Inc. Class A | 0.08% | 735 | $421K | Add +2000.0% |
| VZ Verizon Communications Inc. | 0.07% | 6,911 | $347K | No change |
| VOO Vanguard S&P 500 ETF | 0.07% | 543 | $324K | Reduce -5.7% |
| ITOT iShares Core S&P Total U.S. | 0.05% | 1,912 | $272K | No change |
| BND Vanguard Total Bond Market | 0.04% | 2,988 | $220K | No change |
| CVX Chevron Corp. | 0.04% | 1,005 | $208K | No change |
| AXP American Express Co. | 0.04% | 660 | $200K | No change |
| GOOG Alphabet Inc. Class C | 0.03% | 540 | $155K | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.03% | 1,715 | $136K | No change |
| VGSH Vanguard Short-Term Treasury | 0.03% | 2,295 | $134K | No change |
| KO The Coca-Cola Co. | 0.02% | 1,449 | $110K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.00% | 300 | $15K | New |
Portfolio Sells Q4 2025 → Q1 2026
| AAPL Apple Inc. | Reduce -0.1% | 8.01% | −0.80 |
| GOOGL Alphabet Inc. Class A | Reduce -1.1% | 6.00% | −0.78 |
| BDX Becton Dickinson and Co. | Reduce -0.1% | 1.50% | −0.40 |
| DIS The Walt Disney Co. | Reduce -0.0% | 0.90% | −0.19 |
| CSCO Cisco Systems Inc. | Reduce -0.1% | 3.93% | −0.08 |
| MCD McDonald's Corp. | Reduce -0.1% | 3.23% | −0.03 |
| CAG Conagra Brands Inc. | Reduce -0.3% | 0.17% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -0.9% | 0.19% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -5.7% | 0.07% | −0.01 |
| WM Waste Management Inc. | Reduce -0.1% | 4.18% | +0.07 |
| T AT&T Inc. | Reduce -0.4% | 0.71% | +0.08 |
| PFE Pfizer Inc. | Reduce -0.1% | 1.59% | +0.14 |
| INTC Intel Corp. | Reduce -0.3% | 1.68% | +0.23 |
| JNJ Johnson & Johnson | Reduce -0.2% | 2.99% | +0.39 |
| WMT Walmart Inc. | Reduce -0.6% | 6.29% | +0.47 |
| LMT Lockheed Martin Corp. | Reduce -0.3% | 3.92% | +0.69 |
| XOM Exxon Mobil Corp. | Reduce -0.9% | 4.12% | +1.09 |
| VLO Valero Energy Corp. | Reduce -0.2% | 4.26% | +1.37 |
| CAT Caterpillar Inc. | Reduce -0.4% | 8.40% | +1.40 |
Portfolio Buys Q4 2025 → Q1 2026
| WAT Waters Corp. | New | 0.37% | +0.37 |
| BNY Bank of New York Mellon Corp. | Add +7.0% | 4.41% | +0.27 |
| META Meta Platforms Inc. Class A | Add +2000.0% | 0.08% | +0.08 |
| PEP Pepsico Inc. | Add +9.5% | 0.46% | +0.06 |
| MCHP Microchip Technology Inc. | Add +1.4% | 2.62% | +0.00 |
| BAC Bank of America Corp. | New | 0.00% | +0.00 |
| HD Home Depot Inc. | Add +1.4% | 2.59% | −0.15 |
| AMZN Amazon.com Inc. | Add +2.2% | 1.78% | −0.20 |
| MDT Medtronic PLC | Add +1.9% | 1.77% | −0.21 |
| ABBV Abbvie Inc. | Add +1.3% | 4.54% | −0.29 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.7% | 5.53% | −0.38 |
| JPM JPMorgan Chase & Co. | Add +1.2% | 4.94% | −0.55 |
| CRM Salesforce Inc. | Add +2.1% | 1.74% | −0.74 |
| MSFT Microsoft Corp. | Add +1.5% | 5.49% | −1.76 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 46 | $555.4M | CAT, AAPL, GOOGL, BRK.B, CSCO |
| Q1 2026 | 45 | $496.5M | CAT, AAPL, WMT, GOOGL, BRK.B |
| Q4 2025 | 43 | $483.7M | AAPL, MSFT, CAT, GOOGL, BRK.B |
| Q3 2025 | 43 | $465.2M | AAPL, MSFT, CAT, BRK.B, WMT |
| Q2 2025 | 39 | $425.0M | MSFT, AAPL, BRK.B, WMT, JPM |
| Q1 2025 | 39 | $402.2M | AAPL, BRK.B, MSFT, WMT, ABBV |
| Q4 2024 | 41 | $397.6M | AAPL, MSFT, BRK.B, WMT, CAT |
| Q3 2024 | 41 | $411.7M | AAPL, MSFT, BRK.B, CAT, WMT |
| Q2 2024 | 41 | $396.1M | AAPL, MSFT, BRK.B, CAT, GOOGL |
| Q1 2024 | 41 | $398.4M | MSFT, AAPL, BRK.B, CAT, WM |