Westchester Capital Management, Inc.

CIK

1390063

Location

Omaha, NE

Portfolio Value

Small $573,184,139

Diversification

Diversified

Filing Date

Global Rank

#3,599 / 8,827 ▼ 27 · as of Jun 2026

Top Industry

Banks - Diversified 9.3%

Period ended 38 days ago

Filed Oct 23, 2026 · 15d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 59.5%, 20.1 effective positions, active share 59.0% against the Dow Jones Industrial Average as of 2026-07-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

3.1% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 25.2 quarters (12+), a floor since 90.5% of the book was already held when coverage starts

Closest benchmark: the Dow Jones Industrial Average as of 2026-07-31, active share 59.0%; sector active share 20.5% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

46 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

9.0%

−1.7 pts

Top 5

35.3%

−0.3 pts

Top 10

59.0%

−0.5 pts

HHI

477

Diversified−22

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	29.3%	$167,776,185	7
Industrials	14.5%	$83,064,687	4
Financial Services	14.3%	$81,865,574	5
Healthcare	12.1%	$69,142,435	6
Energy	8.8%	$50,707,069	3
Communication Services	8.7%	$50,024,773	6
Consumer Cyclical	6.5%	$37,310,589	4
Consumer Defensive	5.2%	$29,728,896	4
Unclassified	0.6%	$3,563,931	7

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
WMT	Walmart Inc.	+13,610	259,143	$26,930,140
MCHP	Microchip Technology Inc	+10,826	208,461	$16,212,011
WM	Waste Management Inc	+8,931	97,521	$19,886,482
CRM	Salesforce, Inc.	+5,283	52,307	$12,008,117
AMZN	Amazon Com Inc	+4,712	47,525	$11,840,853
MCD	Mcdonalds Corp	+3,804	59,496	$13,740,006
AAPL	Apple Inc.	+2,522	155,123	$51,659,061
JPM	Jpmorgan Chase & Co	+2,439	84,497	$27,954,142
GOOGL	Alphabet Inc.	+2,195	104,809	$36,062,680
META	Meta Platforms, Inc.	+1,815	8,130	$5,895,713
MSFT	Microsoft Corp	+958	73,857	$37,881,255
VOO	VANGUARD 500 INDEX FUND	+50	564	$395,285
No positions match the current search.

Trimmed

Positions the filer reduced

20 positions

Ticker	Company	Δ Shares	Shares	Value
VLO	Valero Energy Corp	−2,451	80,833	$31,331,679
BNY	Bank of New York Mellon Corp	−1,978	174,277	$25,205,682
CSCO	Cisco Systems, Inc.	−950	239,617	$25,789,977
WAT	Waters Corp	−694	4,534	$1,992,194
ABBV	AbbVie Inc.	−588	102,053	$26,696,044
XOM	ExxonMobil Holdings Corp	−505	117,789	$19,170,159
SPY	Spdr S&P 500 ETF Trust	−335	208	$158,627
JNJ	Johnson & Johnson	−300	59,375	$15,718,937
INTC	Intel Corp	−285	180,154	$21,659,915
DIS	Walt Disney Co	−227	44,466	$4,664,483
BRK-B	Berkshire Hathaway Inc	−210	57,212	$28,488,715
MDT	Medtronic plc	−135	99,055	$8,547,455
PFE	Pfizer Inc	−120	276,155	$7,875,940
T	At&T Inc.	−98	118,889	$2,900,891
CAG	Conagra Brands Inc.	−88	52,695	$708,220
CAT	Caterpillar Inc	−70	55,738	$45,191,813
BDX	Becton Dickinson & Co	−65	46,435	$8,311,865
HD	Home Depot, Inc.	−20	38,762	$11,027,401
LMT	Lockheed Martin Corp	−17	31,537	$16,060,217
LOW	Lowes Companies Inc	−7	3,811	$702,329
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

46 tracked positions · $573,184,139 total · filing declares 46 positions · $573,184,090 · as of Sep 30, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	155,123	+2,522	$51,659,061	+17.0%	9.01%
CAT	Caterpillar Inc Industrials	Reduced	55,738	-70	$45,191,813	−24.0%	7.88%
MSFT	Microsoft Corp Technology	Added	73,857	+958	$37,881,255	+39.3%	6.61%
GOOGL	Alphabet Inc. Communication Services	Added	104,809	+2,195	$36,062,680	−1.7%	6.29%
VLO	Valero Energy Corp Energy	Reduced	80,833	-2,451	$31,331,679	+44.4%	5.47%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	57,212	-210	$28,488,715	−0.9%	4.97%
JPM	Jpmorgan Chase & Co Financial Services	Added	84,497	+2,439	$27,954,142	+4.1%	4.88%
WMT	Walmart Inc. Consumer Defensive	Added	259,143	+13,610	$26,930,140	−3.2%	4.70%
ABBV	AbbVie Inc. Healthcare	Reduced	102,053	-588	$26,696,044	+3.4%	4.66%
CSCO	Cisco Systems, Inc. Technology	Reduced	239,617	-950	$25,789,977	−8.7%	4.50%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	174,277	-1,978	$25,205,682	−1.1%	4.40%
INTC	Intel Corp Technology	Reduced	180,154	-285	$21,659,915	−14.0%	3.78%
WM	Waste Management Inc Industrials	Added	97,521	+8,931	$19,886,482	+0.7%	3.47%
XOM	ExxonMobil Holdings Corp Energy	Reduced	117,789	-505	$19,170,159	+18.5%	3.34%
MCHP	Microchip Technology Inc Technology	Added	208,461	+10,826	$16,212,011	−10.1%	2.83%
LMT	Lockheed Martin Corp Industrials	Reduced	31,537	-17	$16,060,217	−0.1%	2.80%
JNJ	Johnson & Johnson Healthcare	Reduced	59,375	-300	$15,718,937	+3.7%	2.74%
MCD	Mcdonalds Corp Consumer Cyclical	Added	59,496	+3,804	$13,740,006	−8.7%	2.40%
CRM	Salesforce, Inc. Technology	Added	52,307	+5,283	$12,008,117	+63.0%	2.09%
AMZN	Amazon Com Inc Consumer Cyclical	Added	47,525	+4,712	$11,840,853	+16.0%	2.07%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	38,762	-20	$11,027,401	−19.4%	1.92%
MDT	Medtronic plc Healthcare	Reduced	99,055	-135	$8,547,455	+10.2%	1.49%
BDX	Becton Dickinson & Co Healthcare	Reduced	46,435	-65	$8,311,865	+18.1%	1.45%
PFE	Pfizer Inc Healthcare	Reduced	276,155	-120	$7,875,940	+18.4%	1.37%
META	Meta Platforms, Inc. Communication Services	Added	8,130	+1,815	$5,895,713	+65.7%	1.03%
DIS	Walt Disney Co Communication Services	Reduced	44,466	-227	$4,664,483	+8.4%	0.81%
T	At&T Inc. Communication Services	Reduced	118,889	-98	$2,900,891	+17.8%	0.51%
NVDA	Nvidia Corp Technology	Held	11,235	0	$2,565,849	+14.1%	0.45%
IVV	iShares Core S&P 500 ETF	Held	2,896	0	$2,217,901	+2.3%	0.39%
WAT	Waters Corp Healthcare	Reduced	4,534	-694	$1,992,194	+1.6%	0.35%
PEP	Pepsico Inc Consumer Defensive	Held	15,513	0	$1,965,807	−6.4%	0.34%
BA	Boeing Co Industrials	Held	10,353	0	$1,926,175	−14.1%	0.34%
CAG	Conagra Brands Inc. Consumer Defensive	Reduced	52,695	-88	$708,220	−0.3%	0.12%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	3,811	-7	$702,329	−16.6%	0.12%
VOO	VANGUARD 500 INDEX FUND	Added	564	+50	$395,285	+12.0%	0.07%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Held	1,912	0	$317,927	+1.2%	0.06%
VZ	Verizon Communications Inc Communication Services	Held	6,911	0	$317,007	+8.3%	0.06%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Held	2,988	0	$209,608	−4.4%	0.04%
CVX	Chevron Corp Energy	Held	1,005	0	$205,231	+23.2%	0.04%
AXP	American Express Co Financial Services	Held	660	0	$200,706	−10.1%	0.04%
GOOG	Alphabet Inc. Communication Services	Held	540	0	$183,999	−3.6%	0.03%
SPY	Spdr S&P 500 ETF Trust	Reduced	208	-335	$158,627	−60.9%	0.03%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Held	1,715	0	$132,483	−2.3%	0.02%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Held	2,295	0	$132,100	−1.1%	0.02%
KO	Coca Cola Co Consumer Defensive	Held	1,449	0	$124,729	+5.9%	0.02%
BAC	Bank Of America Corp Financial Services	Held	300	0	$16,329	−4.5%	0.00%

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.