Dillon & Associates Inc 13F annual report
Dillon & Associates Inc is an investment fund managing more than $688 million ran by Eric Grasse. There are currently 80 companies in Mr. Grasse’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $187 million.
$688 million Assets Under Management (AUM)
As of 30th July 2024, Dillon & Associates Inc’s top holding is 1,025,070 shares of NVIDIA Corp currently worth over $127 million and making up 18.5% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Dillon & Associates Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 282,206 shares of Apple Inc worth $59.5 million, whose value grew 10.5% in the past six months.
The third-largest holding is Novo-nordisk Adr worth $40.3 million and the next is Alphabet Inc worth $35.7 million, with 196,240 shares owned.
Currently, Dillon & Associates Inc's portfolio is worth at least $688 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Dillon & Associates Inc
The Dillon & Associates Inc office and employees reside in Jackson, Michigan. According to the last 13-F report filed with the SEC, Eric Grasse serves as the VP at Dillon & Associates Inc.
Recent trades
In the most recent 13F filing, Dillon & Associates Inc revealed that it had opened a new position in
Gold Resources Corp and bought 11,320 shares worth $4.23 million.
The investment fund also strengthened its position in NVIDIA Corp by buying
916,090 additional shares.
This makes their stake in NVIDIA Corp total 1,025,070 shares worth $127 million.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Dillon & Associates Inc is getting rid of from its portfolio.
Dillon & Associates Inc closed its position in Intel on 6th August 2024.
It sold the previously owned 6,065 shares for $267 thousand.
Eric Grasse also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $59.5 million and 282,206 shares.
One of the smallest hedge funds
The two most similar investment funds to Dillon & Associates Inc are Arlington Value Capital and Altfest L J & Co Inc. They manage $688 million and $688 million respectively.
Eric Grasse investment strategy
Dillon & Associates Inc’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 31.8% of
the total portfolio value.
The fund focuses on investments in the United States as
66.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
66% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $238 billion.
The complete list of Dillon & Associates Inc trades based on 13F SEC filings
These positions were updated on August 6th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| NVIDIA Corp |
840.60%
1,025,070
|
$127,109,000 | 18.48% |
| Apple Inc |
0.31%
282,206
|
$59,545,000 | 8.66% |
| Novo-nordisk Adr |
1.55%
282,146
|
$40,347,000 | 5.87% |
| Alphabet Inc |
0.57%
196,240
|
$35,716,000 | 5.19% |
| Visa Inc |
1.55%
116,997
|
$30,653,000 | 4.46% |
| Stryker Corp. |
1.76%
84,474
|
$28,721,000 | 4.18% |
| Abbott Labs |
7.23%
205,983
|
$21,422,000 | 3.11% |
| Lowe's |
0.05%
78,105
|
$17,183,000 | 2.50% |
| Automatic Data Processing Inc. |
1.23%
69,107
|
$16,517,000 | 2.40% |
| Palo Alto Networks Inc |
16.72%
48,483
|
$16,436,000 | 2.39% |
| Amazon.com Inc. |
10.99%
80,626
|
$15,561,000 | 2.26% |
| Air Products |
0.13%
58,312
|
$15,044,000 | 2.19% |
| O'reilly Automotive Inc. |
2.57%
12,924
|
$13,648,000 | 1.98% |
| Regeneron Pharmaceuticals, Inc. |
2.26%
12,647
|
$13,292,000 | 1.93% |
| Chipotle Mexican Grill |
5,403.60%
207,651
|
$13,082,000 | 1.90% |
| Danaher Corp. |
0.67%
48,176
|
$12,044,000 | 1.75% |
| Pepsico |
1.72%
71,568
|
$11,809,000 | 1.72% |
| Alphabet Inc |
0.69%
64,262
|
$11,760,000 | 1.71% |
| Starbucks Corp. |
0.43%
140,504
|
$10,959,000 | 1.59% |
| Constellation Brands, Inc. |
3.19%
42,113
|
$10,823,000 | 1.57% |
| Intuitive Surgical Inc |
1.23%
23,997
|
$10,679,000 | 1.55% |
| Ecolab, Inc. |
0.83%
43,974
|
$10,466,000 | 1.52% |
| Norfolk Southern Corp. |
5.04%
45,600
|
$9,804,000 | 1.43% |
| Paycom Software Inc |
4.20%
66,219
|
$9,469,000 | 1.38% |
| Canadian Natl. Railway |
2.05%
79,971
|
$9,437,000 | 1.37% |
| Fiserv, Inc. |
15.65%
63,036
|
$9,392,000 | 1.37% |
| Microsoft Corporation |
3.33%
16,119
|
$7,205,000 | 1.05% |
| Salesforce Com |
5.04%
26,748
|
$6,874,000 | 1.00% |
| Paychex Inc. |
0.85%
55,026
|
$6,548,000 | 0.95% |
| Meta Platforms Inc |
1.67%
12,576
|
$6,338,000 | 0.92% |
| Costco Wholesale Corp |
7.13%
7,107
|
$6,041,000 | 0.88% |
| Comcast Corp Cl A |
6.30%
118,780
|
$4,632,000 | 0.67% |
| RTX Corp |
4.49%
42,290
|
$4,229,000 | 0.61% |
| Gold Resources Corp |
Opened
11,320
|
$4,228,000 | 0.61% |
| Home Depot, Inc. |
1.35%
12,050
|
$4,145,000 | 0.60% |
| NextEra Energy Inc |
9.40%
51,136
|
$3,631,000 | 0.53% |
| Johnson And Johnson |
1.11%
24,760
|
$3,615,000 | 0.53% |
| Jp Morgan Chase & Co. |
No change
16,555
|
$3,344,000 | 0.49% |
| Procter And Gamble |
1.70%
20,259
|
$3,343,000 | 0.49% |
| Colgate-Palmolive Co. |
14.46%
31,579
|
$3,063,000 | 0.45% |
| Mcdonald's |
3.33%
10,449
|
$2,664,000 | 0.39% |
| Celsius Holdings Inc |
43.48%
44,496
|
$2,536,000 | 0.37% |
| Monster Beverage Corp. |
7.83%
50,135
|
$2,507,000 | 0.36% |
| Rockwell Automation Inc |
2.97%
8,835
|
$2,430,000 | 0.35% |
| Generac Holdings Inc |
38.26%
15,744
|
$2,078,000 | 0.30% |
| Astrazeneca plc |
7.27%
25,837
|
$2,015,000 | 0.29% |
| Adobe Inc |
20.55%
3,567
|
$1,983,000 | 0.29% |
| Mondelez Int'l |
2.45%
29,922
|
$1,945,000 | 0.28% |
| Honeywell Int'l |
14.75%
8,323
|
$1,781,000 | 0.26% |
| Eaton Corp. Plc |
34.44%
5,122
|
$1,608,000 | 0.23% |
| Sysco Corp. |
2.80%
19,944
|
$1,416,000 | 0.21% |
| Qualcomm, Inc. |
No change
6,967
|
$1,386,000 | 0.20% |
| Asml Hldgs |
3.93%
1,217
|
$1,245,000 | 0.18% |
| Disney Walt Co |
10.36%
12,030
|
$1,191,000 | 0.17% |
| Abbvie Inc |
No change
6,862
|
$1,180,000 | 0.17% |
| Analog Devices Inc. |
0.84%
5,060
|
$1,154,000 | 0.17% |
| Wal-mart Stores |
No change
16,254
|
$1,105,000 | 0.16% |
| Diageo plc |
1.93%
6,717
|
$846,000 | 0.12% |
| AMGEN Inc. |
No change
2,616
|
$816,000 | 0.12% |
| Hershey Company |
2.26%
3,986
|
$733,000 | 0.11% |
| PayPal Holdings Inc |
43.13%
12,207
|
$708,000 | 0.10% |
| Unitedhealth Group Inc |
No change
1,197
|
$609,000 | 0.09% |
| Novartis Ag Ads |
5.15%
5,049
|
$535,000 | 0.08% |
| Kellanova Co |
No change
8,020
|
$465,000 | 0.07% |
| Merck & Co Inc |
2.22%
3,451
|
$428,000 | 0.06% |
| Coca-Cola Co |
1.25%
6,415
|
$411,000 | 0.06% |
| Lilly (eli) |
No change
452
|
$409,000 | 0.06% |
| Marsh & Mclennan |
No change
1,800
|
$380,000 | 0.06% |
| Target Corp |
No change
2,525
|
$374,000 | 0.05% |
| Emerson Electric Co. |
No change
3,157
|
$347,000 | 0.05% |
| EOG Resources, Inc. |
10.12%
2,452
|
$309,000 | 0.04% |
| Cisco Systems, Inc. |
1.62%
6,375
|
$306,000 | 0.04% |
| Aflac Inc. |
No change
3,300
|
$294,000 | 0.04% |
| Intel Corp. |
Closed
6,065
|
$267,000 | |
| Toro Co. |
20.22%
2,742
|
$258,000 | 0.04% |
| Airbnb, Inc. |
No change
1,559
|
$237,000 | 0.03% |
| Int'l Business Machines |
Closed
1,152
|
$220,000 | |
| Becton, Dickinson And Company |
Closed
871
|
$215,000 | |
| Exxon Mobil Corp. |
2.68%
1,836
|
$211,000 | 0.03% |
| Capital One Fin'l |
No change
1,500
|
$207,000 | 0.03% |
| U.S. Bancorp. |
No change
5,150
|
$206,000 | 0.03% |
| Union Pacific Corp. |
No change
900
|
$203,000 | 0.03% |
| Huntington Bancshares, Inc. |
No change
13,559
|
$176,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 83 holdings | |||
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