DILLON & ASSOCIATES INC

CIK

1054425

Location

JACKSON, MI

Portfolio Value

Small $808,114,686

Diversification

Diversified

Filing Date

Global Rank

#2,187 / 8,645 ▲ 22

Top Industry

Semiconductors 21.5%

3Y Alpha vs SPY

+82.0%

Period ended 52 days ago

Filed Aug 5, 2026 · 16d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+715.1%

SPY

+73.6%

Annualised alpha

+81.1%

Max drawdown

−19.6%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

77 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

21.0%

+0.3 pts

Top 5

51.4%

+3.1 pts

Top 10

66.1%

+3.4 pts

HHI

785

Diversified+48

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	40.4%	$326,880,791	15
Healthcare	13.6%	$109,644,241	13
Consumer Cyclical	12.8%	$103,411,792	10
Communication Services	12.4%	$100,584,450	4
Financial Services	6.7%	$54,015,334	8
Industrials	5.9%	$47,910,060	12
Basic Materials	4.1%	$33,519,755	3
Consumer Defensive	3.9%	$31,858,945	11
Energy	0.0%	$289,318	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ABT	Abbott Laboratories	+21,108	252,404	$22,903,138
NFLX	Netflix Inc	+19,673	59,922	$4,278,430
AXP	American Express Co	+19,049	20,678	$6,994,333
CELH	Celsius Holdings, Inc.	+10,393	46,064	$1,348,753
ECL	Ecolab Inc.	+7,236	59,520	$16,582,867
SYK	Stryker Corp	+7,001	94,225	$29,665,799
ISRG	Intuitive Surgical Inc	+6,439	40,683	$16,178,815
ADP	Automatic Data Processing Inc	+3,516	74,710	$16,731,304
MNST	Monster Beverage Corp	+3,237	61,784	$5,938,678
LLY	ELI LILLY & Co	+3,142	12,093	$14,504,708
AMZN	Amazon Com Inc	+2,670	102,422	$24,411,259
PANW	Palo Alto Networks Inc	+2,662	127,941	$43,630,439
MSFT	Microsoft Corp	+2,609	23,204	$8,655,556
ETN	Eaton Corp plc	+1,535	24,693	$10,522,181
V	Visa Inc.	+1,138	117,613	$40,351,844
CASY	Caseys General Stores Inc	+739	30,585	$24,308,652
CNI	Canadian National Railway Co	+408	73,054	$8,710,958
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+386	1,511	$721,608
NSC	Norfolk Southern Corp	+235	49,318	$15,514,949
GEV	GE Vernova Inc.	+162	574	$674,369
EMR	Emerson Electric Co	+127	3,335	$477,405
RTX	RTX Corp	+110	40,908	$7,761,474
ENB	Enbridge Inc	+100	5,337	$289,318
COST	Costco Wholesale Corp /New	+74	14,503	$13,567,121
GNRC	Generac Holdings Inc.	+60	5,628	$1,647,934
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVO	Novo Nordisk A S	−148,553	57,796	$2,770,740
CMG	Chipotle Mexican Grill Inc	−139,393	140,314	$4,770,676
PAYC	Paycom Software, Inc.	−40,635	27,756	$3,488,374
CRM	Salesforce, Inc.	−21,312	11,779	$1,845,298
PAYX	Paychex Inc	−17,704	20,359	$2,001,900
SBUX	Starbucks Corp	−12,567	62,662	$6,403,429
NVDA	Nvidia Corp	−10,548	848,222	$169,720,739
LOW	Lowes Companies Inc	−4,615	69,382	$15,298,037
CL	Colgate Palmolive Co	−3,839	22,650	$2,076,552
HON	Honeywell International Inc	−3,444	3,277	$733,720
PEP	Pepsico Inc	−2,224	20,775	$2,812,935
AAPL	Apple Inc.	−1,393	251,126	$72,665,819
ORLY	O Reilly Automotive Inc	−1,233	189,729	$17,472,143
GOOGL	Alphabet Inc.	−1,138	250,108	$89,148,605
HD	Home Depot, Inc.	−976	9,950	$3,509,166
QCOM	Qualcomm Inc/De	−845	5,497	$1,015,790
PG	PROCTER & GAMBLE Co	−492	15,997	$2,345,800
REGN	Regeneron Pharmaceuticals, Inc.	−305	4,086	$2,547,784
WMT	Walmart Inc.	−297	15,775	$1,786,676
MCD	Mcdonalds Corp	−213	9,081	$2,454,685
JNJ	Johnson & Johnson	−171	23,002	$5,841,817
META	Meta Platforms, Inc.	−162	12,126	$6,830,454
MDLZ	Mondelez International, Inc.	−105	5,242	$303,197
DHR	Danaher Corp /De/	−77	54,953	$10,467,447
JPM	Jpmorgan Chase & Co	−40	15,544	$5,088,017
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
BROS	Dutch Bros Inc.	61,521	$4,417,823
AZN	Astrazeneca PLC	15,165	$2,875,587
HONA	Honeywell Aerospace Inc.	3,277	$724,479
CAT	Caterpillar Inc	246	$261,965
AMD	Advanced Micro Devices Inc	435	$252,695
GE	General Electric Co	564	$210,783
PLTR	Palantir Technologies Inc.	1,710	$199,505
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
NEE	Nextera Energy Inc	82,846	$7,694,736
ABBV	AbbVie Inc.	7,024	$1,527,649
ADBE	Adobe Inc.	923	$224,362
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

77 tracked positions · $808,114,686 total · filing declares 80 positions · $817,233 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 77 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	848,222	-10,548	$169,720,739	+13.3%	21.00%
GOOGL	Alphabet Inc. Communication Services	Reduced	250,108	-1,138	$89,148,605	+23.5%	11.03%
AAPL	Apple Inc. Technology	Reduced	251,126	-1,393	$72,665,819	+13.4%	8.99%
PANW	Palo Alto Networks Inc Technology	Added	127,941	+2,662	$43,630,439	+117.2%	5.40%
V	Visa Inc. Financial Services	Added	117,613	+1,138	$40,351,844	+14.6%	4.99%
SYK	Stryker Corp Healthcare	Added	94,225	+7,001	$29,665,799	+3.5%	3.67%
AMZN	Amazon Com Inc Consumer Cyclical	Added	102,422	+2,670	$24,411,259	+17.5%	3.02%
CASY	Caseys General Stores Inc Consumer Cyclical	Added	30,585	+739	$24,308,652	+11.9%	3.01%
ABT	Abbott Laboratories Healthcare	Added	252,404	+21,108	$22,903,138	−3.6%	2.83%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	189,729	-1,233	$17,472,143	−0.9%	2.16%
ADP	Automatic Data Processing Inc Technology	Added	74,710	+3,516	$16,731,304	+15.7%	2.07%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	56,812	-26	$16,656,142	+0.9%	2.06%
ECL	Ecolab Inc. Basic Materials	Added	59,520	+7,236	$16,582,867	+19.2%	2.05%
ISRG	Intuitive Surgical Inc Healthcare	Added	40,683	+6,439	$16,178,815	+2.5%	2.00%
NSC	Norfolk Southern Corp Industrials	Added	49,318	+235	$15,514,949	+10.1%	1.92%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	69,382	-4,615	$15,298,037	−12.5%	1.89%
LLY	ELI LILLY & Co Healthcare	Added	12,093	+3,142	$14,504,708	+76.2%	1.79%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	14,503	+74	$13,567,121	−5.6%	1.68%
ETN	Eaton Corp plc Industrials	Added	24,693	+1,535	$10,522,181	+27.0%	1.30%
DHR	Danaher Corp /De/ Healthcare	Reduced	54,953	-77	$10,467,447	+0.3%	1.30%
CNI	Canadian National Railway Co Industrials	Added	73,054	+408	$8,710,958	+16.7%	1.08%
MSFT	Microsoft Corp Technology	Added	23,204	+2,609	$8,655,556	+13.5%	1.07%
RTX	RTX Corp Industrials	Added	40,908	+110	$7,761,474	−1.4%	0.96%
AXP	American Express Co Financial Services	Added	20,678	+19,049	$6,994,333	+1319.5%	0.87%
META	Meta Platforms, Inc. Communication Services	Reduced	12,126	-162	$6,830,454	−2.8%	0.85%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	62,662	-12,567	$6,403,429	−5.0%	0.79%
MNST	Monster Beverage Corp Consumer Defensive	Added	61,784	+3,237	$5,938,678	+40.0%	0.73%
JNJ	Johnson & Johnson Healthcare	Reduced	23,002	-171	$5,841,817	+3.1%	0.72%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	15,544	-40	$5,088,017	+11.0%	0.63%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Reduced	140,314	-139,393	$4,770,676	−46.7%	0.59%
BROS	Dutch Bros Inc. Consumer Cyclical	NEW	61,521	NEW	$4,417,823	NEW	0.55%
NFLX	Netflix Inc Communication Services	Added	59,922	+19,673	$4,278,430	+10.6%	0.53%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	9,950	-976	$3,509,166	−2.3%	0.43%
PAYC	Paycom Software, Inc. Technology	Reduced	27,756	-40,635	$3,488,374	−58.0%	0.43%
ASML	Asml Holding NV Technology	Added	1,724	+21	$3,429,794	+52.5%	0.42%
AZN	Astrazeneca PLC Healthcare	NEW	15,165	NEW	$2,875,587	NEW	0.36%
PEP	Pepsico Inc Consumer Defensive	Reduced	20,775	-2,224	$2,812,935	−21.2%	0.35%
NVO	Novo Nordisk A S Healthcare	Reduced	57,796	-148,553	$2,770,740	−63.5%	0.34%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Reduced	4,086	-305	$2,547,784	−24.9%	0.32%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	9,081	-213	$2,454,685	−15.0%	0.30%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	15,997	-492	$2,345,800	−1.5%	0.29%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	22,650	-3,839	$2,076,552	−8.0%	0.26%
PAYX	Paychex Inc Technology	Reduced	20,359	-17,704	$2,001,900	−42.9%	0.25%
ADI	Analog Devices Inc Technology	Added	4,749	+17	$1,886,160	+25.3%	0.23%
CRM	Salesforce, Inc. Technology	Reduced	11,779	-21,312	$1,845,298	−70.1%	0.23%
WMT	Walmart Inc. Consumer Defensive	Reduced	15,775	-297	$1,786,676	−10.6%	0.22%
GNRC	Generac Holdings Inc. Industrials	Added	5,628	+60	$1,647,934	+51.5%	0.20%
CELH	Celsius Holdings, Inc. Consumer Defensive	Added	46,064	+10,393	$1,348,753	+6.6%	0.17%
QCOM	Qualcomm Inc/De Technology	Reduced	5,497	-845	$1,015,790	+24.4%	0.13%
SYY	Sysco Corp Consumer Defensive	Held	12,014	0	$1,004,130	+17.2%	0.12%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.