Lipe & Dalton
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Mar 2026 to Oct 2026 | $779,900,000 | Individuals and high net worth (95%) |
| Apr 2025 to Feb 2026 | $690,500,000 | Individuals and high net worth (95%) |
| Apr 2024 to Mar 2025 | $653,951,923 | Individuals and high net worth (95%) |
| May 2023 to Mar 2024 | $605,514,001 | Individuals and high net worth (95%) |
| Mar 2023 to Apr 2023 | $605,514,001 | Individuals and high net worth (95%) |
| Mar 2022 to Feb 2023 | $656,529,903 | Individuals and high net worth (95%) |
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.
Closest benchmark: the S&P 500 as of 2026-06-30, active share 69.0%; sector active share 23.7% 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 backtestPortfolio Concentration
94 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026Portfolio Trend
Sector Breakdown
As of Sep 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 24.1% | $52,003,704 |
| Financial Services | 19.6% | $42,388,431 |
| Industrials | 17.5% | $37,808,284 |
| Healthcare | 15.1% | $32,570,876 |
| Communication Services | 9.1% | $19,640,058 |
| Consumer Cyclical | 6.6% | $14,163,952 |
| Energy | 3.0% | $6,376,655 |
| Consumer Defensive | 2.8% | $6,021,426 |
| Basic Materials | 2.0% | $4,313,502 |
| Utilities | 0.3% | $644,229 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BAX | Baxter International Inc | +4,500 | 170,483 | $4,091,592 | |
| BRK-B | Berkshire Hathaway Inc | +2,075 | 11,390 | $5,671,650 | |
| BN | BROOKFIELD Corp | +551 | 165,381 | $6,029,791 | |
| LYB | LyondellBasell Industries N.V. | +500 | 41,970 | $2,412,015 | |
| DHR | Danaher Corp | +300 | 21,658 | $4,798,329 | |
| LMT | Lockheed Martin Corp | +20 | 4,200 | $2,138,850 | |
| HSY | Hershey Co | +6 | 26,218 | $4,132,218 | |
| MRK | Merck & Co., Inc. | +5 | 9,888 | $1,436,825 | |
| ZTS | Zoetis Inc. | +4 | 5,945 | $415,139 | |
| CARR | CARRIER GLOBAL Corp | +3 | 13,965 | $766,119 | |
| CI | Cigna Group | +2 | 4,439 | $1,206,653 | |
| JNJ | Johnson & Johnson | +1 | 8,093 | $2,142,540 | |
| MS | Morgan Stanley | +1 | 19,102 | $3,592,704 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CVS | CVS HEALTH Corp | −5,530 | 18,340 | $1,571,554 | |
| BWA | Borgwarner Inc | −1,615 | 66,160 | $3,976,877 | |
| INTC | Intel Corp | −1,000 | 55,094 | $6,623,951 | |
| CM | Canadian Imperial Bank Of Commerce | −450 | 74,210 | $8,176,457 | |
| J | Jacobs Solutions Inc. | −375 | 9,904 | $1,339,714 | |
| RTX | RTX Corp | −300 | 25,482 | $4,730,733 | |
| GOOG | Alphabet Inc. | −270 | 48,957 | $16,681,608 | |
| AAPL | Apple Inc. | −217 | 64,239 | $21,392,871 | |
| AVGO | Broadcom Inc. | −150 | 154 | $54,083 | |
| BAM | Brookfield Asset Management Ltd. | −126 | 39,965 | $1,781,639 | |
| DE | Deere & Co | −115 | 7,128 | $4,786,808 | |
| AMZN | Amazon Com Inc | −100 | 20,303 | $5,058,492 | |
| V | Visa Inc. | −100 | 6,363 | $2,286,416 | |
| MSFT | Microsoft Corp | −50 | 5,603 | $2,873,778 | |
| AMGN | Amgen Inc | −50 | 7,377 | $3,109,479 | |
| GS | Goldman Sachs Group Inc | −49 | 13,838 | $12,459,181 | |
| No positions match the current search. | |||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Reduced | 64,239 | $21,392,871 | 9.91% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 48,957 | $16,681,608 | 7.73% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Reduced | 13,838 | $12,459,181 | 5.77% | |
| CM |
Canadian Imperial Bank Of Commerce
Financial Services
|
Reduced | 74,210 | $8,176,457 | 3.79% | |
| TEL |
TE Connectivity plc
Technology
|
Held | 32,908 | $6,946,220 | 3.22% | |
| INTC |
Intel Corp
Technology
|
Reduced | 55,094 | $6,623,951 | 3.07% | |
| BN |
BROOKFIELD Corp
Financial Services
|
Added | 165,381 | $6,029,791 | 2.79% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Held | 8,533 | $5,760,201 | 2.67% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 11,390 | $5,671,650 | 2.63% | |
| SNA |
Snap-on Inc
Industrials
|
Held | 15,130 | $5,497,485 | 2.55% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 20,303 | $5,058,492 | 2.34% | |
| BA |
Boeing Co
Industrials
|
Held | 27,116 | $5,044,931 | 2.34% | |
| EMR |
Emerson Electric Co
Industrials
|
Held | 31,375 | $4,866,262 | 2.25% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Held | 18,365 | $4,804,100 | 2.22% | |
| DHR |
Danaher Corp
Healthcare
|
Added | 21,658 | $4,798,329 | 2.22% | |
| DE |
Deere & Co
Industrials
|
Reduced | 7,128 | $4,786,808 | 2.22% | |
| RTX |
RTX Corp
Industrials
|
Reduced | 25,482 | $4,730,733 | 2.19% | |
| HSY |
Hershey Co
Consumer Defensive
|
Added | 26,218 | $4,132,218 | 1.91% | |
| BAX |
Baxter International Inc
Healthcare
|
Added | 170,483 | $4,091,592 | 1.89% | |
| BWA |
Borgwarner Inc
Consumer Cyclical
|
Reduced | 66,160 | $3,976,877 | 1.84% | |
| ETN |
Eaton Corp plc
Industrials
|
Held | 8,840 | $3,798,636 | 1.76% | |
| MS |
Morgan Stanley
Financial Services
|
Added | 19,102 | $3,592,704 | 1.66% | |
| YUM |
Yum Brands Inc
Consumer Cyclical
|
Held | 25,832 | $3,521,934 | 1.63% | |
| HPQ |
Hp Inc
Technology
|
Held | 107,477 | $3,361,880 | 1.56% | |
| MAS |
Masco Corp
Industrials
|
Held | 48,955 | $3,299,567 | 1.53% | |
| LDOS |
Leidos Holdings, Inc.
Technology
|
NEW | 26,713 | $3,254,444 | 1.51% | |
| OKE |
Oneok Inc
Energy
|
Held | 36,530 | $3,114,913 | 1.44% | |
| AMGN |
Amgen Inc
Healthcare
|
Reduced | 7,377 | $3,109,479 | 1.44% | |
| TRP |
Tc Energy Corp
Energy
|
Held | 50,022 | $2,890,271 | 1.34% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 5,603 | $2,873,778 | 1.33% | |
| LYB |
LyondellBasell Industries N.V.
Basic Materials
|
Added | 41,970 | $2,412,015 | 1.12% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 6,363 | $2,286,416 | 1.06% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 8,093 | $2,142,540 | 0.99% | |
| LMT |
Lockheed Martin Corp
Industrials
|
Added | 4,200 | $2,138,850 | 0.99% | |
| FFIV |
F5, Inc.
Technology
|
Held | 4,580 | $2,038,924 | 0.94% | |
| VRTX |
Vertex Pharmaceuticals Inc
Healthcare
|
Held | 3,761 | $1,966,288 | 0.91% | |
| MLM |
Martin Marietta Materials Inc
Basic Materials
|
Held | 3,963 | $1,901,487 | 0.88% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Held | 2,554 | $1,852,109 | 0.86% | |
| BAM |
Brookfield Asset Management Ltd.
Financial Services
|
Reduced | 39,965 | $1,781,639 | 0.83% | |
| CVS |
CVS HEALTH Corp
Healthcare
|
Reduced | 18,340 | $1,571,554 | 0.73% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Added | 9,888 | $1,436,825 | 0.67% | |
| J |
Jacobs Solutions Inc.
Industrials
|
Reduced | 9,904 | $1,339,714 | 0.62% | |
| CI |
Cigna Group
Healthcare
|
Added | 4,439 | $1,206,653 | 0.56% | |
| WFC |
Wells Fargo & Company
Financial Services
|
Held | 14,838 | $1,187,781 | 0.55% | |
| UBER |
Uber Technologies, Inc
Technology
|
NEW | 16,673 | $1,142,267 | 0.53% | |
| ORCL |
Oracle Corp
Technology
|
Held | 7,421 | $1,018,903 | 0.47% | |
| NVDA |
Nvidia Corp
Technology
|
Held | 3,951 | $902,329 | 0.42% | |
| CARR |
CARRIER GLOBAL Corp
Industrials
|
Added | 13,965 | $766,119 | 0.35% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Held | 16,683 | $765,249 | 0.35% | |
| BKNG |
Booking Holdings Inc.
Consumer Cyclical
|
Held | 4,650 | $757,531 | 0.35% |
Showing the top 50 of 94 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.