Drexel Morgan & Co.

Registered adviser

CIK

1508512

Location

RADNOR, PA

Portfolio Value

Small $718,834,092

Diversification

Diversified

Files via

Haverford Trust Co Haverford Financial Services, Inc.

Filing Date

Global Rank

#2,984 / 8,807 ▼ 299

Top Industry

Telecom Services 18.6%

Period ended 4 months ago

Filed Aug 13, 2026 · 2mo

26 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

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 151053

Roster of Oct 1, 2026

Regulatory AUM

$607,000,000

Main clients

Individuals and high net worth (100% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$607,000,000	Individuals and high net worth (100%)
Apr 2025 to Mar 2026	$469,000,000	Individuals and high net worth (100%)
Apr 2024 to Mar 2025	$439,600,000	Individuals and high net worth (100%)
May 2023 to Mar 2024	$365,000,000	Individuals and high net worth (100%)
Apr 2023	$365,000,000	Individuals and high net worth (100%)
Apr 2022 to Mar 2023	$380,649,000	Individuals and high net worth (100%)

3 earlier changes not shown.

Portfolio style

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

Style

Concentrated

The top 10 positions are 73.8% of the book (60%+)

Turnover

Low turnover

6.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.6 quarters (12+), a floor since 73.8% of the book was already held when coverage starts

Closest benchmark: the Dow Jones Industrial Average as of 2026-07-31, active share 73.1%; sector active share 38.7% 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.

View clone backtest

Portfolio Concentration

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

Top Position

17.5%

−0.9 pts

Top 5

51.7%

+1.6 pts

Top 10

73.8%

+3.5 pts

HHI

772

Diversified+29

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Industrials	23.1%	$166,268,137	11
Communication Services	19.8%	$141,972,968	4
Financial Services	13.7%	$98,308,901	6
Healthcare	11.4%	$81,686,066	8
Technology	9.9%	$71,217,715	8
Consumer Defensive	9.5%	$68,385,600	6
Basic Materials	5.3%	$38,204,425	2
Energy	4.1%	$29,240,013	5
Unclassified	2.6%	$18,414,389	6
Consumer Cyclical	0.7%	$5,135,878	4

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
T	At&T Inc.	+1,751,720	6,075,040	$125,753,328
CLF	Cleveland-Cliffs Inc.	+602,375	4,000,000	$37,560,000
UPS	United Parcel Service Inc	+101,025	913,465	$98,197,487
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
DD	DuPont de Nemours, Inc.	−9,511	4,751	$644,425
TRI	Thomson Reuters Corp /Can/	−386	24,614	$2,010,225
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
INTC	Intel Corp	2,000	$279,260
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
F	Ford Motor Co	2,100,000	$24,234,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

60 tracked positions · $718,834,092 total · filing declares 60 positions · $718,834,115 · 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 60 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
T	At&T Inc. Communication Services	Added	6,075,040	+1,751,720	$125,753,328	+0.3%	26+	—	17.49%
UPS	United Parcel Service Inc Industrials	Added	913,465	+101,025	$98,197,487	+22.9%	8	—	13.66%
JNJ	Johnson & Johnson Healthcare	Held	216,207	0	$54,910,091	+3.9%	26+	—	7.64%
JPM	Jpmorgan Chase & Co Financial Services	Held	163,589	0	$53,547,587	+11.3%	26+	—	7.45%
IBM	International Business Machines Corp Technology	Held	139,735	0	$39,294,879	+16.0%	26+	—	5.47%
CLF	Cleveland-Cliffs Inc. Basic Materials	Added	4,000,000	+602,375	$37,560,000	+30.8%	16	—	5.23%
KO	Coca Cola Co Consumer Defensive	Held	456,411	0	$37,092,521	+6.9%	26+	—	5.16%
AXP	American Express Co Financial Services	Held	95,918	0	$32,444,263	+11.8%	26+	—	4.51%
CAT	Caterpillar Inc Industrials	Held	27,886	0	$29,695,801	+50.3%	26+	—	4.13%
CPB	CAMPBELL'S Co Consumer Defensive	Held	1,000,000	0	$22,270,000	0.0%	2	—	3.10%
DE	Deere & Co Industrials	Held	28,065	0	$17,802,471	+12.6%	26+	—	2.48%
MRK	Merck & Co., Inc. Healthcare	Held	132,292	0	$16,999,522	+6.8%	26+	—	2.36%
SLB	Slb Limited/Nv Energy	Held	345,412	0	$16,058,203	−9.5%	26+	—	2.23%
AAPL	Apple Inc. Technology	Held	44,296	0	$12,817,490	+14.0%	26+	—	1.78%
MSFT	Microsoft Corp Technology	Held	30,129	0	$11,238,719	+0.8%	26+	—	1.56%
DIS	Walt Disney Co Communication Services	Held	116,683	0	$11,230,738	−0.1%	26+	—	1.56%
WASH	Washington Trust Bancorp Inc Financial Services	Held	300,800	0	$10,973,184	+9.0%	26+	—	1.53%
XOM	ExxonMobil Holdings Corp Energy	Held	68,680	0	$9,389,929	−19.4%	26+	—	1.31%
SPY	Spdr S&P 500 ETF Trust	Held	10,561	0	$7,886,637	+14.8%	26+	—	1.10%
UNP	Union Pacific Corp Industrials	Held	19,373	0	$5,269,456	+12.1%	26+	—	0.73%
QQQ	Invesco Qqq Trust, Series 1	Held	6,500	0	$4,786,600	+27.6%	26+	—	0.67%
VZ	Verizon Communications Inc Communication Services	Held	105,000	0	$4,445,700	−15.7%	5	—	0.62%
NVDA	Nvidia Corp Technology	Held	21,800	0	$4,361,962	+14.7%	5	—	0.61%
PG	PROCTER & GAMBLE Co Consumer Defensive	Held	29,590	0	$4,339,077	+1.5%	26+	—	0.60%
EMR	Emerson Electric Co Industrials	Held	29,904	0	$4,280,757	+9.3%	26+	—	0.60%
MMM	3M Co Industrials	Held	23,122	0	$3,743,683	+11.5%	26+	—	0.52%
RTX	RTX Corp Industrials	Held	19,290	0	$3,659,891	−1.6%	25	—	0.51%
MCD	Mcdonalds Corp Consumer Cyclical	Held	12,579	0	$3,400,229	−13.0%	26+	—	0.47%
RSP	Victory Portfolios II	Held	15,215	0	$3,237,295	+10.9%	10	—	0.45%
ABT	Abbott Laboratories Healthcare	Held	34,181	0	$3,101,583	−11.6%	26+	—	0.43%
SHEL	Shell plc Energy	Held	38,544	0	$2,988,701	−16.6%	18	—	0.42%
CL	Colgate Palmolive Co Consumer Defensive	Held	28,820	0	$2,642,217	+7.6%	26+	—	0.37%
LLY	ELI LILLY & Co Healthcare	Held	2,134	0	$2,559,583	+30.4%	26+	—	0.36%
KD	Kyndryl Holdings, Inc. Technology	Held	200,000	0	$2,262,000	−13.8%	3	—	0.31%
TRI	Thomson Reuters Corp /Can/ Industrials	Reduced	24,614	-386	$2,010,225	−10.6%	2	—	0.28%
MDT	Medtronic plc Healthcare	Held	21,546	0	$1,685,543	−9.7%	26+	—	0.23%
NVS	Novartis AG Healthcare	Held	10,720	0	$1,680,038	+2.6%	26+	—	0.23%
UL	Unilever PLC Consumer Defensive	Held	27,881	0	$1,676,205	+5.5%	26+	—	0.23%
HD	Home Depot, Inc. Consumer Cyclical	Held	3,300	0	$1,163,844	+7.2%	26+	—	0.16%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Held	2,000	0	$1,044,780	+12.8%	26+	—	0.15%
IWM	iShares Russell 2000 ETF	Held	2,866	0	$861,089	—	11	—	0.12%
HWM	Howmet Aerospace Inc. Industrials	Held	2,500	0	$672,150	+16.7%	8	—	0.09%
DD	DuPont de Nemours, Inc. Basic Materials	Reduced	4,751	-9,511	$644,425	−1.3%	26+	—	0.09%
CARR	CARRIER GLOBAL Corp Industrials	Held	8,578	0	$629,196	+30.3%	25	—	0.09%
IJH	iShares Core S&P Mid-Cap ETF	Held	7,755	0	$597,988	—	11	—	0.08%
CVX	Chevron Corp Energy	Held	3,500	0	$580,160	−19.9%	26+	—	0.08%
WFC	Wells Fargo & Company/Mn Financial Services	Held	6,747	0	$557,572	+3.8%	12	—	0.08%
GOOGL	Alphabet Inc. Communication Services	Held	1,520	0	$543,202	+24.3%	9	—	0.08%
XLF	State Street Corp Financial Services	Held	10,000	0	$536,100	+8.6%	26+	—	0.07%
Q	Qnity Electronics, Inc. Technology	Held	3,274	0	$534,676	+41.5%	3	—	0.07%

Showing the top 50 of 60 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.