Maple Capital Management, Inc.

CIK

1313893

Location

MONTPELIER, VT

Portfolio Value

Mid $1,279,796,253

Diversification

Diversified

Filing Date

Global Rank

#1,543 / 8,588 ▼ 33

Top Industry

Semiconductors 15.6%

3Y Alpha vs SPY

-4.2%

Period ended 3 months ago

Filed May 8, 2026 · 40d

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

+60.8%

SPY

+76.8%

Annualised alpha

-3.8%

Max drawdown

−19.0%

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

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

Top Position

10.2%

−0.1 pts

Top 5

38.4%

−1.9 pts

Top 10

56.8%

−2.1 pts

HHI

461

Diversified−27

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	38.8%	$496,124,277	16
Financial Services	14.8%	$189,349,417	14
Consumer Cyclical	12.6%	$161,532,336	9
Healthcare	10.5%	$134,967,160	16
Consumer Defensive	6.4%	$81,780,674	7
Communication Services	5.6%	$71,570,676	5
Industrials	5.0%	$63,855,952	12
Energy	3.1%	$39,662,885	2
Basic Materials	2.8%	$35,349,003	5
Unclassified	0.3%	$4,056,509	2
Utilities	0.1%	$1,313,538	3
Real Estate	0.0%	$233,826	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
AVGO	Broadcom Inc.	+7,519	86,656	$26,820,898
CL	Colgate Palmolive Co	+2,291	180,417	$15,376,940
AMZN	Amazon Com Inc	+2,183	410,972	$85,593,138
XOM	Exxon Mobil Corp	+1,663	15,830	$2,685,717
MSCI	MSCI Inc.	+1,404	13,324	$7,181,769
NFLX	Netflix Inc	+1,174	119,957	$11,533,865
EW	Edwards Lifesciences Corp	+1,130	4,980	$398,798
IBM	International Business Machines Corp	+1,038	4,219	$1,022,643
GE	General Electric Co	+1,035	86,926	$24,666,991
UBER	Uber Technologies, Inc	+889	121,287	$8,724,173
CAT	Caterpillar Inc	+390	1,206	$854,402
AMAT	Applied Materials Inc /De	+289	98,929	$33,812,942
APD	Air Products & Chemicals, Inc.	+168	75,318	$21,879,125
ORCL	Oracle Corp	+146	3,913	$575,641
SPY	Spdr S&P 500 ETF Trust	+71	4,577	$2,976,606
TSLA	Tesla, Inc.	+55	3,195	$1,187,741
GEV	GE Vernova Inc.	+42	398	$347,414
CVX	Chevron Corp	+38	178,720	$36,977,168
CMG	Chipotle Mexican Grill Inc	+20	369,168	$11,817,067
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MS	Morgan Stanley	−40,428	181,370	$29,848,060
AXP	American Express Co	−27,444	73,228	$22,150,005
JPM	Jpmorgan Chase & Co	−25,999	159,664	$46,966,762
HD	Home Depot, Inc.	−10,720	77,265	$25,411,685
AAPL	Apple Inc.	−8,356	516,417	$131,061,470
NVDA	Nvidia Corp	−7,237	657,502	$114,668,348
TJX	Tjx Companies Inc /De/	−3,620	224,234	$35,810,169
F	Ford Motor Co	−3,578	11,400	$131,556
ABT	Abbott Laboratories	−2,966	168,652	$17,315,500
JNJ	Johnson & Johnson	−2,849	171,979	$42,038,546
GLW	Corning Inc /Ny	−2,596	11,662	$1,585,682
ACN	Accenture plc	−2,341	111,540	$22,117,266
DHR	Danaher Corp /De/	−2,104	3,330	$631,368
TXN	Texas Instruments Inc	−1,790	236,895	$45,990,795
PEP	Pepsico Inc	−1,750	3,090	$479,846
CME	Cme Group Inc.	−1,702	62,883	$18,572,494
ZTS	Zoetis Inc.	−1,664	86,885	$10,270,675
MSFT	Microsoft Corp	−1,656	260,502	$96,430,025
HON	Honeywell International Inc	−1,447	156,227	$35,311,988
PFE	Pfizer Inc	−1,290	7,257	$203,776
KO	Coca Cola Co	−1,284	7,402	$562,922
VZ	Verizon Communications Inc	−1,268	7,561	$379,562
ECL	Ecolab Inc.	−1,116	46,394	$12,341,731
META	Meta Platforms, Inc.	−1,110	99,476	$56,913,203
GOOGL	Alphabet Inc.	−987	8,846	$2,543,755
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
TSM	Taiwan Semiconductor Manufacturing Co Ltd	34,837	$11,773,164
CF	CF Industries Holdings, Inc.	2,051	$266,301
AMGN	Amgen Inc	606	$213,221
RTX	RTX Corp	1,073	$206,981
LIN	Linde PLC	411	$203,757
T	At&T Inc.	6,909	$200,291
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
VMC	Vulcan Materials CO	1,474	$420,414
DIS	Walt Disney Co	2,375	$270,203
SHOP	Shopify Inc.	1,452	$233,728
DIA	Spdr Dow Jones Industrial Average ETF Trust	466	$223,945
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

92 positions · $1,279,796,253 total · as of Mar 31, 2026

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

Showing 1–50 of 92 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
F	Ford Motor Co Consumer Cyclical	Reduced	11,400	-3,578	$131,556	−33.1%	0.01%
T	At&T Inc. Communication Services	NEW	6,909	NEW	$200,291	NEW	0.02%
NSC	Norfolk Southern Corp Industrials	Reduced	699	-10	$200,613	−2.0%	0.02%
BBY	Best Buy Co Inc Consumer Cyclical	Held	3,130	0	$200,946	−4.1%	0.02%
LIN	Linde PLC Basic Materials	NEW	411	NEW	$203,757	NEW	0.02%
PFE	Pfizer Inc Healthcare	Reduced	7,257	-1,290	$203,776	−4.2%	0.02%
RTX	RTX Corp Industrials	NEW	1,073	NEW	$206,981	NEW	0.02%
COF	Capital One Financial Corp Financial Services	Reduced	1,147	-145	$209,247	−33.2%	0.02%
AMGN	Amgen Inc Healthcare	NEW	606	NEW	$213,221	NEW	0.02%
UNH	Unitedhealth Group Inc Healthcare	Reduced	791	-479	$214,036	−48.9%	0.02%
QXO	QXO, Inc. Industrials	Reduced	11,445	-543	$222,261	−3.9%	0.02%
ROP	Roper Technologies Inc Technology	Reduced	640	-230	$226,470	−41.5%	0.02%
PLD	Prologis, Inc. Real Estate	Reduced	1,769	-149	$233,826	−4.5%	0.02%
LMT	Lockheed Martin Corp Industrials	Reduced	399	-252	$241,151	−23.4%	0.02%
JEF	Jefferies Financial Group Inc. Financial Services	Held	6,316	0	$260,661	−33.4%	0.02%
IDXX	Idexx Laboratories Inc /De Healthcare	Reduced	469	-64	$263,526	−26.9%	0.02%
CF	CF Industries Holdings, Inc. Basic Materials	NEW	2,051	NEW	$266,301	NEW	0.02%
ROK	Rockwell Automation, Inc Industrials	Held	753	0	$270,236	−7.8%	0.02%
TMO	Thermo Fisher Scientific Inc. Healthcare	Held	554	0	$272,307	−15.2%	0.02%
QCOM	Qualcomm Inc/De Technology	Reduced	2,137	-519	$275,202	−39.4%	0.02%
TT	Trane Technologies plc Industrials	Reduced	724	-10	$301,719	+5.6%	0.02%
CWT	California Water Service Group Utilities	Held	6,667	0	$302,281	+4.6%	0.02%
GEV	GE Vernova Inc. Industrials	Added	398	+42	$347,414	+49.3%	0.03%
MDT	Medtronic plc Healthcare	Reduced	4,116	-491	$356,651	−19.4%	0.03%
ADP	Automatic Data Processing Inc Technology	Reduced	1,851	-413	$376,086	−35.4%	0.03%
VZ	Verizon Communications Inc Communication Services	Reduced	7,561	-1,268	$379,562	+5.5%	0.03%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	2,297	-457	$379,785	−14.0%	0.03%
WEC	Wec Energy Group, Inc. Utilities	Held	3,367	0	$389,797	+9.8%	0.03%
WMT	Walmart Inc. Consumer Defensive	Reduced	3,205	-411	$398,317	−1.1%	0.03%
EW	Edwards Lifesciences Corp Healthcare	Added	4,980	+1,130	$398,798	+21.5%	0.03%
WM	Waste Management Inc Industrials	Held	1,783	0	$409,715	+4.6%	0.03%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	1,917	-87	$452,948	−6.3%	0.04%
DGX	Quest Diagnostics Inc Healthcare	Reduced	2,313	-757	$453,301	−14.9%	0.04%
PEP	Pepsico Inc Consumer Defensive	Reduced	3,090	-1,750	$479,846	−30.9%	0.04%
MCO	Moodys Corp /De/ Financial Services	Reduced	1,225	-832	$534,406	−49.1%	0.04%
TRMK	Trustmark Corp Financial Services	Reduced	13,213	-600	$556,795	+3.5%	0.04%
KO	Coca Cola Co Consumer Defensive	Reduced	7,402	-1,284	$562,922	−7.3%	0.04%
ORCL	Oracle Corp Technology	Added	3,913	+146	$575,641	−21.6%	0.04%
NEE	Nextera Energy Inc Utilities	Reduced	6,691	-71	$621,460	+14.5%	0.05%
DHR	Danaher Corp /De/ Healthcare	Reduced	3,330	-2,104	$631,368	−49.2%	0.05%
V	Visa Inc. Financial Services	Reduced	2,109	-35	$637,424	−15.2%	0.05%
SHW	Sherwin Williams Co Basic Materials	Held	2,053	0	$658,089	−1.1%	0.05%
CSCO	Cisco Systems, Inc. Technology	Reduced	8,551	-565	$663,472	−5.5%	0.05%
PNC	Pnc Financial Services Group, Inc. Financial Services	Reduced	3,818	-55	$794,487	−1.7%	0.06%
UNP	Union Pacific Corp Industrials	Reduced	3,390	-115	$822,481	+1.4%	0.06%
ABBV	AbbVie Inc. Healthcare	Reduced	3,801	-90	$826,679	−7.0%	0.06%
CAT	Caterpillar Inc Industrials	Added	1,206	+390	$854,402	+82.8%	0.07%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	2,983	-127	$927,086	−2.5%	0.07%
MRK	Merck & Co., Inc. Healthcare	Reduced	8,393	-825	$1,009,593	+4.1%	0.08%
IBM	International Business Machines Corp Technology	Added	4,219	+1,038	$1,022,643	+8.5%	0.08%