Lipe & Dalton is an investment fund managing more than $186 million ran by Willard Lipe. There are currently 98 companies in Mr. Lipe’s portfolio. The largest investments include Apple Inc and Alphabet Inc Cap Stock Cl C, together worth $27.6 million.
As of 26th July 2024, Lipe & Dalton’s top holding is 77,774 shares of Apple Inc currently worth over $16.4 million and making up 8.8% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Lipe & Dalton owns more than approximately 0.1% of the company.
In addition, the fund holds 61,025 shares of Alphabet Inc Cap Stock Cl C worth $11.2 million.
The third-largest holding is Goldman Sachs worth $7.79 million and the next is Oneok worth $6.13 million, with 75,112 shares owned.
Currently, Lipe & Dalton's portfolio is worth at least $186 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.
The Lipe & Dalton office and employees reside in Syracuse, New York. According to the last 13-F report filed with the SEC, Willard Lipe serves as the CCO at Lipe & Dalton.
In the most recent 13F filing, Lipe & Dalton revealed that it had opened a new position in
Mosaic and bought 123,585 shares worth $3.57 million.
This means they effectively own approximately 0.1% of the company.
Mosaic makes up
40.4%
of the fund's Materials sector allocation and has decreased its share price by 29.1% in the past year.
The investment fund also strengthened its position in BorgWarner Inc by buying
9,990 additional shares.
This makes their stake in BorgWarner Inc total 80,735 shares worth $2.6 million.
BorgWarner Inc dropped 20.8% in the past year.
On the other hand, there are companies that Lipe & Dalton is getting rid of from its portfolio.
Lipe & Dalton closed its position in Leidos Inc on 2nd August 2024.
It sold the previously owned 47,599 shares for $6.24 million.
Willard Lipe also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $16.4 million and 77,774 shares.
The two most similar investment funds to Lipe & Dalton are Iyo Bank and Rudd International. They manage $187 million and $187 million respectively.
Lipe & Dalton’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Health Care — making up 14.0% of
the total portfolio value.
The fund focuses on investments in the United States as
62.2% 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
59% of the total holdings value.
On the other hand, small-cap stocks make up only 1.0% of the portfolio.
The average market cap of the portfolio companies is close to $196 billion.
These positions were updated on August 2nd 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 |
|---|---|---|---|
| Apple Inc |
3.93%
77,774
|
$16,381,000 | 8.81% |
| Alphabet Inc Cap Stock Cl C |
3.57%
61,025
|
$11,193,000 | 6.02% |
| Goldman Sachs Group, Inc. |
3.00%
17,228
|
$7,793,000 | 4.19% |
| Leidos Holdings Inc |
Closed
47,599
|
$6,240,000 | |
| Oneok Inc. |
3.81%
75,112
|
$6,125,000 | 3.29% |
| Boeing Co. |
6.36%
31,781
|
$5,784,000 | 3.11% |
| Te Connectivity Ltd Reg |
1.24%
37,948
|
$5,709,000 | 3.07% |
| Danaher Corp. |
3.24%
21,649
|
$5,409,000 | 2.91% |
| Brookfield Corp Cl A |
3.12%
127,664
|
$5,303,000 | 2.85% |
| Kraft Heinz Co |
0.64%
155,909
|
$5,023,000 | 2.70% |
| Rockwell Automation Inc |
3.01%
17,563
|
$4,835,000 | 2.60% |
| Emerson Electric Co. |
2.07%
43,130
|
$4,751,000 | 2.56% |
| Abbvie Inc |
3.15%
25,585
|
$4,388,000 | 2.36% |
| Canadian Imperial Bank Comm To |
3.66%
87,320
|
$4,151,000 | 2.23% |
| Yum Brands Inc. |
4.55%
29,587
|
$3,919,000 | 2.11% |
| Eaton Corp Plc |
1.00%
11,912
|
$3,735,000 | 2.01% |
| Lyondellbasell Industries Nv A |
2.91%
38,470
|
$3,680,000 | 1.98% |
| Mosaic Company |
Opened
123,585
|
$3,572,000 | 1.92% |
| Henry Jack Assoc Inc |
3.26%
19,740
|
$3,277,000 | 1.76% |
| Microsoft Corporation |
0.72%
6,933
|
$3,099,000 | 1.67% |
| Intel Corp. |
3.27%
95,954
|
$2,972,000 | 1.60% |
| Deere Co |
5.62%
7,874
|
$2,942,000 | 1.58% |
| Ball Corp. |
5.17%
47,898
|
$2,875,000 | 1.55% |
| Rtx Corporation Com |
5.47%
28,334
|
$2,844,000 | 1.53% |
| AMGEN Inc. |
3.63%
9,016
|
$2,817,000 | 1.52% |
| Morgan Stanley |
0.73%
27,020
|
$2,626,000 | 1.41% |
| BorgWarner Inc |
14.12%
80,735
|
$2,603,000 | 1.40% |
| Martin Marietta Materials, Inc. |
6.95%
4,415
|
$2,392,000 | 1.29% |
| Bristol-Myers Squibb Co. |
2.61%
57,151
|
$2,373,000 | 1.28% |
| Vertex Pharmaceuticals, Inc. |
1.83%
5,041
|
$2,363,000 | 1.27% |
| Visa Inc |
1.57%
8,862
|
$2,326,000 | 1.25% |
| Qualcomm, Inc. |
No change
11,257
|
$2,242,000 | 1.21% |
| Vector Group Ltd |
4.49%
211,880
|
$2,240,000 | 1.20% |
| Lockheed Martin Corp. |
4.63%
4,630
|
$2,163,000 | 1.16% |
| Amazon.com Inc. |
0.73%
10,723
|
$2,072,000 | 1.11% |
| TC Energy Corporation |
22.58%
54,077
|
$2,050,000 | 1.10% |
| Cigna Group (The) |
0.51%
6,030
|
$1,993,000 | 1.07% |
| Brookfield Asset Managmt Ltd C |
1.54%
49,844
|
$1,897,000 | 1.02% |
| CVS Health Corp |
4.65%
26,950
|
$1,592,000 | 0.86% |
| Jacobs Solutions Inc |
7.97%
11,374
|
$1,589,000 | 0.85% |
| Merck Co Inc |
0.02%
11,929
|
$1,477,000 | 0.79% |
| Zoetis Inc |
52.51%
8,452
|
$1,465,000 | 0.79% |
| Meta Platforms Inc |
8.67%
2,820
|
$1,422,000 | 0.76% |
| Constellation Brands Inc |
2.31%
5,283
|
$1,359,000 | 0.73% |
| Carrier Global Corporation |
0.39%
19,106
|
$1,205,000 | 0.65% |
| Oracle Corp. |
7.05%
8,441
|
$1,192,000 | 0.64% |
| Johnson Johnson |
3.84%
8,143
|
$1,190,000 | 0.64% |
| Cooper Cos Inc |
0.36%
13,489
|
$1,178,000 | 0.63% |
| Moderna Inc |
6.24%
9,842
|
$1,169,000 | 0.63% |
| NVIDIA Corp |
918.89%
9,170
|
$1,133,000 | 0.61% |
| Kenvue Inc |
56.82%
61,053
|
$1,110,000 | 0.60% |
| Medtronic Plc |
5.44%
13,770
|
$1,084,000 | 0.58% |
| Hershey Company |
0.04%
5,592
|
$1,028,000 | 0.55% |
| Intercontinental Exchange Inc |
20.05%
7,366
|
$1,008,000 | 0.54% |
| Wells Fargo Co |
1.03%
16,468
|
$978,000 | 0.53% |
| Liberty Media Corp Com Lbty Sr |
0.23%
43,350
|
$960,000 | 0.52% |
| Ge Healthcare Technologies Inc |
0.36%
11,405
|
$889,000 | 0.48% |
| Verizon Communications Inc |
No change
17,083
|
$704,000 | 0.38% |
| Veralto Corp |
3.20%
7,188
|
$686,000 | 0.37% |
| Apa Corporation Com |
10.87%
22,310
|
$657,000 | 0.35% |
| Dennys Corp |
7.63%
85,756
|
$609,000 | 0.33% |
| Fortive Corp |
4.31%
6,790
|
$503,000 | 0.27% |
| Kroger Co. |
No change
10,000
|
$499,000 | 0.27% |
| Mcdonalds Corp |
No change
1,843
|
$470,000 | 0.25% |
| Baxter International Inc. |
3.03%
12,780
|
$427,000 | 0.23% |
| Pepsico Inc |
5.70%
2,515
|
$415,000 | 0.22% |
| Mastercard Incorporated |
1.89%
917
|
$405,000 | 0.22% |
| Exact Sciences Corp. |
24.07%
9,020
|
$381,000 | 0.20% |
| Procter And Gamble Co |
No change
2,214
|
$365,000 | 0.20% |
| Jpmorgan Chase Co |
No change
1,800
|
$364,000 | 0.20% |
| BCE Inc |
Closed
10,550
|
$358,000 | |
| Palo Alto Networks Inc |
No change
1,000
|
$339,000 | 0.18% |
| Home Depot, Inc. |
No change
970
|
$334,000 | 0.18% |
| Exxon Mobil Corp. |
52.33%
2,483
|
$286,000 | 0.15% |
| Regeneron Pharmaceuticals, Inc. |
No change
269
|
$283,000 | 0.15% |
| Stanley Black Decker Inc |
8.10%
3,382
|
$270,000 | 0.15% |
| Kla-tencor Corp |
No change
300
|
$247,000 | 0.13% |
| Berkshire Hathaway Inc. |
No change
605
|
$246,000 | 0.13% |
| Cisco Systems, Inc. |
No change
4,759
|
$226,000 | 0.12% |
| Adobe Inc |
No change
400
|
$222,000 | 0.12% |
| Abbott Laboratories |
1.69%
1,980
|
$206,000 | 0.11% |
| Community Bk Sys Inc Com |
No change
4,309
|
$203,000 | 0.11% |
| Disney Walt Co Disney |
27.55%
1,841
|
$183,000 | 0.10% |
| Alphabet Inc Cap Stock Cl A |
5.96%
978
|
$178,000 | 0.10% |
| Broadcom Inc |
No change
105
|
$169,000 | 0.09% |
| Lowes Cos Inc |
No change
600
|
$132,000 | 0.07% |
| Mobileye Global Inc Common Cla |
6.98%
4,600
|
$129,000 | 0.07% |
| Netflix Inc. |
No change
190
|
$128,000 | 0.07% |
| Mondelez International Inc. |
4.30%
1,871
|
$122,000 | 0.07% |
| Coca-Cola Co |
No change
1,800
|
$115,000 | 0.06% |
| Conocophillips |
Closed
864
|
$110,000 | |
| Winnebago Industries, Inc. |
No change
2,000
|
$108,000 | 0.06% |
| Phillips 66 |
Closed
532
|
$87,000 | |
| Advanced Micro Devices Inc. |
No change
470
|
$76,000 | 0.04% |
| Accenture Plc Ireland Class A |
No change
230
|
$70,000 | 0.04% |
| Pfizer Inc. |
18.12%
2,259
|
$63,000 | 0.03% |
| General Mills, Inc. |
Closed
806
|
$56,000 | |
| Lilly Eli Co |
No change
56
|
$51,000 | 0.03% |
| Wal-mart Stores Inc |
No change
660
|
$45,000 | 0.02% |
| Duke Energy Corp. |
No change
343
|
$34,000 | 0.02% |
| Chevron Corp. |
23.86%
150
|
$23,000 | 0.01% |
| Nucor Corp. |
Closed
100
|
$20,000 | |
| Intl Business Machines |
Closed
100
|
$19,000 | |
| Union Pacific Corp. |
No change
75
|
$17,000 | 0.01% |
| Roper Technologies Inc |
Closed
25
|
$14,000 | |
| Bank N S Halifax |
Closed
125
|
$6,000 | |
| Vertical Computer Systems Inc |
No change
20,000
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 107 holdings | |||