DILLON & ASSOCIATES INC

CIK

1054425

Location

JACKSON, MI

Portfolio Value

Small $707,188,234

Diversification

Diversified

Filing Date

Global Rank

#1,896 / 8,232 ▲ 49

Top Industry

Semiconductors 21.6%

3Y Alpha vs SPY

-8.7%

Period ended 2 months ago

Filed May 7, 2026 · 38d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+41.0%

SPY

+76.3%

Annualised alpha

-8.7%

Max drawdown

−21.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

73 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

21.2%

−0.3 pts

Top 5

47.1%

−1.1 pts

Top 10

61.8%

−0.7 pts

HHI

730

Diversified−22

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	39.5%	$279,621,644	14
Healthcare	15.1%	$106,705,214	13
Consumer Cyclical	14.2%	$100,107,455	9
Communication Services	9.4%	$66,809,489	4
Financial Services	5.9%	$41,744,585	8
Industrials	5.9%	$41,564,122	9
Consumer Defensive	4.5%	$31,984,666	11
Basic Materials	4.3%	$30,672,792	3
Utilities	1.1%	$7,694,736	1
Energy	0.0%	$283,531	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NFLX	Netflix Inc	+34,031	40,249	$3,869,941
PANW	Palo Alto Networks Inc	+9,175	125,279	$20,084,729
NEE	Nextera Energy Inc	+7,219	82,846	$7,694,736
CELH	Celsius Holdings, Inc.	+6,469	35,671	$1,265,607
ABT	Abbott Laboratories	+4,853	231,296	$23,747,160
MNST	Monster Beverage Corp	+3,990	58,547	$4,242,315
CASY	Caseys General Stores Inc	+3,592	29,846	$21,723,709
AMZN	Amazon Com Inc	+2,464	99,752	$20,775,349
ISRG	Intuitive Surgical Inc	+2,408	34,244	$15,786,141
MSFT	Microsoft Corp	+2,117	20,595	$7,623,651
LLY	ELI LILLY & Co	+1,840	8,951	$8,232,861
ETN	Eaton Corp plc	+1,182	23,158	$8,282,921
CRM	Salesforce, Inc.	+1,142	33,091	$6,177,096
SYK	Stryker Corp	+917	87,224	$28,660,934
COST	Costco Wholesale Corp /New	+771	14,429	$14,377,488
ADP	Automatic Data Processing Inc	+730	71,194	$14,465,196
ADI	Analog Devices Inc	+550	4,732	$1,505,438
RTX	RTX Corp	+471	40,798	$7,869,934
DHR	Danaher Corp /De/	+338	55,030	$10,433,688
ECL	Ecolab Inc.	+304	52,284	$13,908,589
NSC	Norfolk Southern Corp	+228	49,083	$14,086,821
ROK	Rockwell Automation, Inc	+128	1,315	$471,927
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+125	1,125	$380,193
ASML	Asml Holding NV	+120	1,703	$2,249,373
V	Visa Inc.	+64	116,475	$35,203,404
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVO	Novo Nordisk A S	−94,849	206,349	$7,583,325
NVDA	Nvidia Corp	−11,590	858,770	$149,769,488
CMG	Chipotle Mexican Grill Inc	−10,742	279,707	$8,953,421
PEP	Pepsico Inc	−9,167	22,999	$3,571,514
PAYX	Paychex Inc	−8,367	38,063	$3,506,363
MDLZ	Mondelez International, Inc.	−3,228	5,347	$308,201
PAYC	Paycom Software, Inc.	−2,790	68,391	$8,312,242
AAPL	Apple Inc.	−2,481	252,519	$64,086,797
SBUX	Starbucks Corp	−2,301	75,229	$6,739,766
CL	Colgate Palmolive Co	−2,167	26,489	$2,257,657
IBRX	ImmunityBio, Inc.	−2,000	23,800	$182,546
DIS	Walt Disney Co	−1,520	3,420	$329,619
SYY	Sysco Corp	−1,491	12,014	$856,958
GNRC	Generac Holdings Inc.	−1,388	5,568	$1,087,597
CNI	Canadian National Railway Co	−900	72,646	$7,465,829
LOW	Lowes Companies Inc	−865	73,997	$17,484,011
PG	PROCTER & GAMBLE Co	−770	16,489	$2,381,671
ADBE	Adobe Inc.	−493	923	$224,362
JNJ	Johnson & Johnson	−435	23,173	$5,664,408
HSY	Hershey Co	−330	2,128	$442,389
WMT	Walmart Inc.	−325	16,072	$1,997,428
GOOGL	Alphabet Inc.	−282	193,280	$55,579,596
HD	Home Depot, Inc.	−185	10,926	$3,593,452
HON	Honeywell International Inc	−180	6,721	$1,519,147
NVS	Novartis AG	−171	2,031	$310,235
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
AXP	American Express Co	1,629	$492,739
GEV	GE Vernova Inc.	412	$359,634
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
FISV	Fiserv Inc	22,118	$1,485,666
STZ	Constellation Brands, Inc.	1,953	$269,435
PLTR	Palantir Technologies Inc.	1,310	$232,852
MRK	Merck & Co., Inc.	2,078	$218,730
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

73 positions · $707,188,234 total · as of Mar 31, 2026

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

Showing 1–50 of 73 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	858,770	-11,590	$149,769,488	−7.7%	21.18%
AAPL	Apple Inc. Technology	Reduced	252,519	-2,481	$64,086,797	−7.6%	9.06%
GOOGL	Alphabet Inc. Communication Services	Reduced	193,280	-282	$55,579,596	−8.3%	7.86%
V	Visa Inc. Financial Services	Added	116,475	+64	$35,203,404	−13.8%	4.98%
SYK	Stryker Corp Healthcare	Added	87,224	+917	$28,660,934	−5.5%	4.05%
ABT	Abbott Laboratories Healthcare	Added	231,296	+4,853	$23,747,160	−16.3%	3.36%
CASY	Caseys General Stores Inc Consumer Cyclical	Added	29,846	+3,592	$21,723,709	+49.7%	3.07%
AMZN	Amazon Com Inc Consumer Cyclical	Added	99,752	+2,464	$20,775,349	−7.5%	2.94%
PANW	Palo Alto Networks Inc Technology	Added	125,279	+9,175	$20,084,729	−6.1%	2.84%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	190,962	-139	$17,627,702	+1.1%	2.49%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	73,997	-865	$17,484,011	−3.2%	2.47%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	56,838	-112	$16,510,870	+17.4%	2.33%
ISRG	Intuitive Surgical Inc Healthcare	Added	34,244	+2,408	$15,786,141	−12.4%	2.23%
ADP	Automatic Data Processing Inc Technology	Added	71,194	+730	$14,465,196	−20.2%	2.05%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	14,429	+771	$14,377,488	+22.1%	2.03%
NSC	Norfolk Southern Corp Industrials	Added	49,083	+228	$14,086,821	−0.1%	1.99%
ECL	Ecolab Inc. Basic Materials	Added	52,284	+304	$13,908,589	+1.9%	1.97%
DHR	Danaher Corp /De/ Healthcare	Added	55,030	+338	$10,433,688	−16.7%	1.48%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Reduced	279,707	-10,742	$8,953,421	−16.7%	1.27%
PAYC	Paycom Software, Inc. Technology	Reduced	68,391	-2,790	$8,312,242	−26.7%	1.18%
ETN	Eaton Corp plc Industrials	Added	23,158	+1,182	$8,282,921	+18.3%	1.17%
LLY	ELI LILLY & Co Healthcare	Added	8,951	+1,840	$8,232,861	+7.7%	1.16%
RTX	RTX Corp Industrials	Added	40,798	+471	$7,869,934	+6.4%	1.11%
NEE	Nextera Energy Inc Utilities	Added	82,846	+7,219	$7,694,736	+26.7%	1.09%
MSFT	Microsoft Corp Technology	Added	20,595	+2,117	$7,623,651	−14.7%	1.08%
NVO	Novo Nordisk A S Healthcare	Reduced	206,349	-94,849	$7,583,325	−50.5%	1.07%
CNI	Canadian National Railway Co Industrials	Reduced	72,646	-900	$7,465,829	+2.7%	1.06%
META	Meta Platforms, Inc. Communication Services	Reduced	12,288	-24	$7,030,333	−13.5%	0.99%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	75,229	-2,301	$6,739,766	+3.2%	0.95%
CRM	Salesforce, Inc. Technology	Added	33,091	+1,142	$6,177,096	−27.0%	0.87%
JNJ	Johnson & Johnson Healthcare	Reduced	23,173	-435	$5,664,408	+15.9%	0.80%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	15,584	-81	$4,584,189	−9.2%	0.65%
MNST	Monster Beverage Corp Consumer Defensive	Added	58,547	+3,990	$4,242,315	+1.4%	0.60%
NFLX	Netflix Inc Communication Services	Added	40,249	+34,031	$3,869,941	+563.8%	0.55%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	10,926	-185	$3,593,452	−6.0%	0.51%
PEP	Pepsico Inc Consumer Defensive	Reduced	22,999	-9,167	$3,571,514	−22.6%	0.51%
PAYX	Paychex Inc Technology	Reduced	38,063	-8,367	$3,506,363	−32.7%	0.50%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	4,391	+18	$3,392,662	+0.5%	0.48%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	9,294	-75	$2,888,482	+0.9%	0.41%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	16,489	-770	$2,381,671	−3.7%	0.34%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	26,489	-2,167	$2,257,657	−0.3%	0.32%
ASML	Asml Holding NV Technology	Added	1,703	+120	$2,249,373	+32.8%	0.32%
WMT	Walmart Inc. Consumer Defensive	Reduced	16,072	-325	$1,997,428	+9.3%	0.28%
ABBV	AbbVie Inc. Healthcare	Reduced	7,024	-47	$1,527,649	−5.4%	0.22%
HON	Honeywell International Inc Industrials	Reduced	6,721	-180	$1,519,147	+12.8%	0.21%
ADI	Analog Devices Inc Technology	Added	4,732	+550	$1,505,438	+32.7%	0.21%
CELH	Celsius Holdings, Inc. Consumer Defensive	Added	35,671	+6,469	$1,265,607	−5.2%	0.18%
GNRC	Generac Holdings Inc. Industrials	Reduced	5,568	-1,388	$1,087,597	+14.7%	0.15%
AMGN	Amgen Inc Healthcare	Added	2,508	+25	$882,439	+8.6%	0.12%
SYY	Sysco Corp Consumer Defensive	Reduced	12,014	-1,491	$856,958	−13.9%	0.12%