ARMSTRONG HENRY H ASSOCIATES INC

CIK

1056827

Location

PITTSBURGH, PA

Portfolio Value

Small $794,109,756

Diversification

Moderately concentrated

Filing Date

Global Rank

#2,159 / 8,517 ▼ 334

Top Industry

Software - Infrastructure 29.4%

3Y Alpha vs SPY

-6.1%

Period ended 46 days ago

Filed Jul 7, 2026 · 39d

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

+46.9%

SPY

+75.3%

Annualised alpha

-6.9%

Max drawdown

−12.3%

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

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

Top Position

29.2%

−8.9 pts

Top 5

77.9%

−3.7 pts

Top 10

88.1%

−2.8 pts

HHI

1,658

Moderately concentrated−520

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	35.1%	$278,882,671	13
Financial Services	33.0%	$261,965,221	5
Healthcare	12.5%	$98,914,724	12
Consumer Defensive	8.3%	$65,935,613	6
Industrials	6.3%	$50,278,428	10
Basic Materials	2.1%	$16,769,403	2
Communication Services	1.2%	$9,579,054	3
Consumer Cyclical	1.0%	$7,999,213	4
Unclassified	0.4%	$3,540,436	1
Energy	0.0%	$244,993	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
RBA	Rb Global Inc.	+13,875	40,909	$4,763,853
DCI	DONALDSON Co INC	+13,080	15,880	$1,425,547
FAST	Fastenal Co	+6,869	270,143	$12,974,968
BRK-B	Berkshire Hathaway Inc	+6,191	375,150	$187,721,308
APD	Air Products & Chemicals, Inc.	+5,185	55,789	$16,356,219
JNJ	Johnson & Johnson	+2,757	322,853	$81,994,976
UNP	Union Pacific Corp	+1,909	68,701	$18,686,672
ADSK	Autodesk, Inc.	+1,210	4,683	$910,468
ASML	Asml Holding NV	+558	8,355	$16,621,770
MCO	Moodys Corp /De/	+123	144,243	$65,330,539
TJX	Tjx Companies Inc /De/	+10	7,682	$1,163,823
No positions match the current search.

Trimmed

Positions the filer reduced

20 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	−93,122	24,305	$8,685,877
UBER	Uber Technologies, Inc	−10,270	25,470	$1,837,915
MSFT	Microsoft Corp	−6,021	622,401	$232,168,021
MDT	Medtronic plc	−5,329	94,280	$7,375,524
MKC	Mccormick & Co Inc	−4,360	7,303	$368,217
PG	PROCTER & GAMBLE Co	−3,370	349,810	$51,296,138
SCHW	Schwab Charles Corp	−2,000	4,091	$377,476
AAPL	Apple Inc.	−1,753	56,648	$16,391,665
KO	Coca Cola Co	−1,335	127,722	$10,379,966
MA	Mastercard Inc	−610	12,440	$6,389,184
WAT	Waters Corp /De/	−274	3,678	$1,379,397
EMR	Emerson Electric Co	−160	3,874	$554,563
GLW	Corning Inc /Ny	−150	4,300	$1,098,349
WMT	Walmart Inc.	−143	6,221	$704,590
ABBV	AbbVie Inc.	−100	17,623	$4,434,651
ABT	Abbott Laboratories	−100	18,293	$1,659,906
CVX	Chevron Corp	−100	1,478	$244,993
DIS	Walt Disney Co	−20	9,039	$870,003
V	Visa Inc.	−10	6,257	$2,146,714
SPY	Spdr S&P 500 ETF Trust	−1	4,741	$3,540,436
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
AMD	Advanced Micro Devices Inc	900	$522,819
TSLA	Tesla, Inc.	534	$224,600
CSCO	Cisco Systems, Inc.	1,897	$222,821
STM	STMicroelectronics N.V.	2,950	$220,925
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
XOM	ExxonMobil Holdings Corp	7,657	$1,299,086
VB	Vanguard Morningstar Small-Cap ETF	1,745	$457,050
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

57 tracked positions · $794,109,756 total · 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 57 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	622,401	-6,021	$232,168,021	−0.2%	29.24%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	375,150	+6,191	$187,721,308	−49.7%	23.64%
JNJ	Johnson & Johnson Healthcare	Added	322,853	+2,757	$81,994,976	+4.8%	10.33%
MCO	Moodys Corp /De/ Financial Services	Added	144,243	+123	$65,330,539	+3.9%	8.23%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	349,810	-3,370	$51,296,138	+0.6%	6.46%
UNP	Union Pacific Corp Industrials	Added	68,701	+1,909	$18,686,672	+15.3%	2.35%
ASML	Asml Holding NV Technology	Added	8,355	+558	$16,621,770	+61.4%	2.09%
AAPL	Apple Inc. Technology	Reduced	56,648	-1,753	$16,391,665	+10.6%	2.06%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	55,789	+5,185	$16,356,219	+11.3%	2.06%
FAST	Fastenal Co Industrials	Added	270,143	+6,869	$12,974,968	+6.2%	1.63%
KO	Coca Cola Co Consumer Defensive	Reduced	127,722	-1,335	$10,379,966	+5.8%	1.31%
GOOGL	Alphabet Inc. Communication Services	Reduced	24,305	-93,122	$8,685,877	−74.2%	1.09%
MDT	Medtronic plc Healthcare	Reduced	94,280	-5,329	$7,375,524	−14.5%	0.93%
MA	Mastercard Inc Financial Services	Reduced	12,440	-610	$6,389,184	−2.0%	0.80%
RBA	Rb Global Inc. Industrials	Added	40,909	+13,875	$4,763,853	+83.8%	0.60%
GE	General Electric Co Industrials	Held	12,043	0	$4,500,830	+31.7%	0.57%
ABBV	AbbVie Inc. Healthcare	Reduced	17,623	-100	$4,434,651	+15.0%	0.56%
HD	Home Depot, Inc. Consumer Cyclical	Held	10,816	0	$3,814,586	+7.2%	0.48%
SPY	Spdr S&P 500 ETF Trust	Reduced	4,741	-1	$3,540,436	+14.8%	0.45%
ADP	Automatic Data Processing Inc Technology	Held	13,865	0	$3,105,066	+10.2%	0.39%
NVDA	Nvidia Corp Technology	Held	15,372	0	$3,075,783	+14.7%	0.39%
GEV	GE Vernova Inc. Industrials	Held	2,600	0	$3,054,636	+34.6%	0.38%
AMZN	Amazon Com Inc Consumer Cyclical	Held	11,732	0	$2,796,204	+14.4%	0.35%
PEP	Pepsico Inc Consumer Defensive	Held	16,136	0	$2,184,814	−12.8%	0.28%
J	Jacobs Solutions Inc. Industrials	Held	17,081	0	$2,152,206	−1.0%	0.27%
V	Visa Inc. Financial Services	Reduced	6,257	-10	$2,146,714	+13.3%	0.27%
MU	Micron Technology Inc Technology	Held	1,800	0	$2,077,722	+241.7%	0.26%
MMM	3M Co Industrials	Held	11,500	0	$1,861,965	+11.5%	0.23%
UBER	Uber Technologies, Inc Technology	Reduced	25,470	-10,270	$1,837,915	−28.5%	0.23%
ABT	Abbott Laboratories Healthcare	Reduced	18,293	-100	$1,659,906	−12.1%	0.21%
DCI	DONALDSON Co INC Industrials	Added	15,880	+13,080	$1,425,547	+499.9%	0.18%
WAT	Waters Corp /De/ Healthcare	Reduced	3,678	-274	$1,379,397	+17.2%	0.17%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	7,682	+10	$1,163,823	−5.0%	0.15%
GLW	Corning Inc /Ny Technology	Reduced	4,300	-150	$1,098,349	+81.5%	0.14%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	1,071	0	$1,001,888	−6.1%	0.13%
ADSK	Autodesk, Inc. Technology	Added	4,683	+1,210	$910,468	+9.5%	0.11%
DIS	Walt Disney Co Communication Services	Reduced	9,039	-20	$870,003	−0.4%	0.11%
WMT	Walmart Inc. Consumer Defensive	Reduced	6,221	-143	$704,590	−10.9%	0.09%
IBM	International Business Machines Corp Technology	Held	2,238	0	$629,347	+16.0%	0.08%
EMR	Emerson Electric Co Industrials	Reduced	3,874	-160	$554,563	+4.9%	0.07%
AMD	Advanced Micro Devices Inc Technology	NEW	900	NEW	$522,819	NEW	0.07%
CDNA	CareDx, Inc. Healthcare	Held	16,036	0	$457,026	+64.2%	0.06%
SHW	Sherwin Williams Co Basic Materials	Held	1,200	0	$413,184	+7.4%	0.05%
SCHW	Schwab Charles Corp Financial Services	Reduced	4,091	-2,000	$377,476	−34.1%	0.05%
PFE	Pfizer Inc Healthcare	Held	15,394	0	$370,687	−14.2%	0.05%
MKC	Mccormick & Co Inc Consumer Defensive	Reduced	7,303	-4,360	$368,217	−37.4%	0.05%
NVO	Novo Nordisk A S Healthcare	Held	6,664	0	$319,472	+30.4%	0.04%
RTX	RTX Corp Industrials	Held	1,598	0	$303,188	−1.6%	0.04%
CVX	Chevron Corp Energy	Reduced	1,478	-100	$244,993	−25.0%	0.03%
SOLV	Solventum Corp Healthcare	Held	3,175	0	$244,951	+18.1%	0.03%

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.