Lipe & Dalton
SYRACUSE, NY
$215m in 94 US stocks at the end of 30 June 2026. The top 10 are 45.1% of the money. It changed about 8.3% of the portfolio this quarter.
Value
$215m
Stocks
94
Top 10 share
45.1%
Turnover
8.3%
What changed this quarter
New
Bought for the first time this quarter.
- HPHPQ1.1% of the fund
- Consolidated EdisonED0.3% of the fund
- CloroxCLX0.3% of the fund
- Boston ScientificBSX0.2% of the fund
- US BancorpUSB<0.1% of the fund
- Lam ResearchLRCX<0.1% of the fund
- GE VernovaGEV<0.1% of the fund
Added
Bought more of a stock they already held.
- Berkshire HathawayBRK-B2.2% of the fund+1594%
- DanaherDHR1.9% of the fund+4%
- Baxter InternationalBAX1.6% of the fund+6%
- Booking HoldingsBKNG0.4% of the fund+38%
- ZoetisZTS0.2% of the fund+26%
- Abbott LaboratoriesABT<0.1% of the fund+11%
Cut
Sold some of their stake.
- AlphabetGOOG8.1% of the fund-3%
- Goldman Sachs GroupGS6.5% of the fund-3%
- IntelINTC3.6% of the fund-39%
- BrookfieldBN3.3% of the fund-2%
- Amazon.comAMZN2.3% of the fund-3%
- BorgwarnerBWA2.1% of the fund-3%
- Emerson ElectricEMR2.1% of the fund-2%
- Thermo Fisher ScientificTMO2.0% of the fund-2%
- Morgan StanleyMS1.9% of the fund-7%
- MascoMAS1.9% of the fund-2%
- EatonETN1.8% of the fund-4%
- TC EnergyTRP1.5% of the fund-2%
- AmgenAMGN1.2% of the fund-2%
- CVS HealthCVS1.1% of the fund-2%
- VisaV1.0% of the fund-4%
- LyondellBasell IndustriesLYB1.0% of the fund-2%
- Lockheed MartinLMT1.0% of the fund-4%
- Johnson & JohnsonJNJ1.0% of the fund-3%
- F5FFIV0.9% of the fund-6%
- Vertex PharmaceuticalsVRTX0.9% of the fund-6%
- Brookfield Asset ManagementBAM0.8% of the fund-11%
- Meta PlatformsMETA0.7% of the fund-3%
- Cigna GroupCI0.6% of the fund-6%
- Carrier GlobalCARR0.5% of the fund-2%
- U-Haul HoldingUHAL-B0.3% of the fund-9%
Sold out
Sold their entire stake.
- MedtronicMDT-100%
- GE HealthCare TechnologiesGEHC-100%
- AccentureACN-100%
- APAAPA-100%
- Regeneron PharmaceuticalsREGN-100%
Holdings
- Canadian Imperial Bank of Commerce /canCM
- Share
- 4.0%
- Value
- $9m
- Shares
- 74,660
Held
- BrookfieldBN
- Share
- 3.3%
- Value
- $7m
- Shares
- 164,830
-2%
- TC EnergyTRP
- Share
- 1.5%
- Value
- $3m
- Shares
- 50,022
-2%
- South BowSOBO
- Share
- 0.1%
- Value
- $245,000
- Shares
- 9,844
-2%
- Bank of Nova ScotiaBNS
- Share
- <0.1%
- Value
- $11,000
- Shares
- 125
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 8.7% | $19m | 64,456 | Held |
| AlphabetGOOG | 8.1% | $17m | 49,227 | -3% |
| Goldman Sachs GroupGS | 6.5% | $14m | 13,887 | -3% |
| Canadian Imperial Bank of Commerce /canCM | 4.0% | $9m | 74,660 | Held |
| IntelINTC | 3.6% | $8m | 56,094 | -39% |
| BrookfieldBN | 3.3% | $7m | 164,830 | -2% |
| TE ConnectivityTEL | 3.1% | $7m | 32,908 | Held |
| Snap-onSNA | 2.8% | $6m | 15,130 | Held |
| BoeingBA | 2.7% | $6m | 27,116 | Held |
| RTXRTX | 2.3% | $5m | 25,782 | Held |
| Amazon.comAMZN | 2.3% | $5m | 20,403 | -3% |
| Berkshire HathawayBRK-B | 2.2% | $5m | 9,315 | +1594% |
| AbbVieABBV | 2.1% | $5m | 18,365 | Held |
| HersheyHSY | 2.1% | $5m | 26,212 | Held |
| DeereDE | 2.1% | $5m | 7,243 | Held |
| BorgwarnerBWA | 2.1% | $5m | 67,775 | -3% |
| Emerson ElectricEMR | 2.1% | $4m | 31,375 | -2% |
| Thermo Fisher ScientificTMO | 2.0% | $4m | 8,533 | -2% |
| YUM BrandsYUM | 1.9% | $4m | 25,832 | Held |
| DanaherDHR | 1.9% | $4m | 21,358 | +4% |
| Morgan StanleyMS | 1.9% | $4m | 19,101 | -7% |
| MascoMAS | 1.9% | $4m | 48,955 | -2% |
| EatonETN | 1.8% | $4m | 8,840 | -4% |
| Baxter InternationalBAX | 1.6% | $4m | 165,983 | +6% |
| TC EnergyTRP | 1.5% | $3m | 50,022 | -2% |
| OneokOKE | 1.5% | $3m | 36,530 | Held |
| AmgenAMGN | 1.2% | $3m | 7,427 | -2% |
| Jack Henry & AssociatesJKHY | 1.2% | $3m | 18,755 | Held |
| CVS HealthCVS | 1.1% | $2m | 23,870 | -2% |
| HPHPQ | 1.1% | $2m | 107,477 | New |
| Martin Marietta MaterialsMLM | 1.1% | $2m | 3,963 | Held |
| VisaV | 1.0% | $2m | 6,463 | -4% |
| LyondellBasell IndustriesLYB | 1.0% | $2m | 41,470 | -2% |
| Lockheed MartinLMT | 1.0% | $2m | 4,180 | -4% |
| MicrosoftMSFT | 1.0% | $2m | 5,653 | Held |
| Johnson & JohnsonJNJ | 1.0% | $2m | 8,092 | -3% |
| F5FFIV | 0.9% | $2m | 4,580 | -6% |
| Vertex PharmaceuticalsVRTX | 0.9% | $2m | 3,761 | -6% |
| Brookfield Asset ManagementBAM | 0.8% | $2m | 40,091 | -11% |
| Meta PlatformsMETA | 0.7% | $1m | 2,554 | -3% |
| Jacobs SolutionsJ | 0.6% | $1m | 10,279 | Held |
| MerckMRK | 0.6% | $1m | 9,883 | Held |
| Wells Fargo & CompanyWFC | 0.6% | $1m | 14,838 | Held |
| Cigna GroupCI | 0.6% | $1m | 4,437 | -6% |
| OracleORCL | 0.5% | $1m | 7,421 | Held |
| Carrier GlobalCARR | 0.5% | $1m | 13,962 | -2% |
| KLAKLAC | 0.4% | $905,000 | 3,000 | Held |
| Booking HoldingsBKNG | 0.4% | $829,000 | 4,650 | +38% |
| NvidiaNVDA | 0.4% | $791,000 | 3,951 | Held |
| Verizon CommunicationsVZ | 0.3% | $706,000 | 16,683 | Held |
| Consolidated EdisonED | 0.3% | $697,000 | 6,303 | New |
| U-Haul HoldingUHAL-B | 0.3% | $642,000 | 11,135 | -9% |
| Palo Alto NetworksPANW | 0.3% | $631,000 | 1,850 | -5% |
| VeraltoVLTO | 0.3% | $570,000 | 6,428 | Held |
| CloroxCLX | 0.3% | $565,000 | 5,925 | New |
| KrogerKR | 0.3% | $555,000 | 10,000 | Held |
| JPMorgan ChaseJPM | 0.2% | $519,000 | 1,585 | Held |
| Boston ScientificBSX | 0.2% | $482,000 | 11,300 | New |
| Cisco SystemsCSCO | 0.2% | $480,000 | 4,084 | -4% |
| McDonald'sMCD | 0.2% | $471,000 | 1,743 | Held |
| ZoetisZTS | 0.2% | $427,000 | 5,941 | +26% |
| Idexx LaboratoriesIDXX | 0.2% | $416,000 | 790 | Held |
| FortiveFTV | 0.2% | $365,000 | 5,971 | -2% |
| WhirlpoolWHR | 0.1% | $311,000 | 7,880 | Held |
| PepsiCoPEP | 0.1% | $304,000 | 2,245 | Held |
| Capital One FinancialCOF | 0.1% | $287,000 | 1,430 | Held |
| ExxonMobil HoldingsXOM | 0.1% | $271,000 | 1,983 | Held |
| Procter & GamblePG | 0.1% | $257,000 | 1,750 | Held |
| Home DepotHD | 0.1% | $254,000 | 720 | Held |
| South BowSOBO | 0.1% | $245,000 | 9,844 | -2% |
| Amentum HoldingsAMTM | 0.1% | $226,000 | 10,916 | Held |
| Advanced Micro DevicesAMD | 0.1% | $221,000 | 380 | Held |
| US BancorpUSB | <0.1% | $198,000 | 3,275 | New |
| MastercardMA | <0.1% | $188,000 | 366 | Held |
| Abbott LaboratoriesABT | <0.1% | $143,000 | 1,580 | +11% |
| Walt DisneyDIS | <0.1% | $142,000 | 1,480 | Held |
| Lam ResearchLRCX | <0.1% | $130,000 | 300 | New |
| General ElectricGE | <0.1% | $124,000 | 333 | Held |
| Coca-ColaKO | <0.1% | $122,000 | 1,500 | Held |
| PfizerPFE | <0.1% | $119,000 | 4,954 | Held |
| BroadcomAVGO | <0.1% | $115,000 | 304 | Held |
| NetflixNFLX | <0.1% | $100,000 | 1,400 | Held |
| AlphabetGOOGL | <0.1% | $92,000 | 257 | Held |
| GE VernovaGEV | <0.1% | $86,000 | 73 | New |
| Altria GroupMO | <0.1% | $81,000 | 1,125 | Held |
| Mondelez InternationalMDLZ | <0.1% | $56,000 | 971 | Held |
| Bristol-Myers SquibbBMY | <0.1% | $46,000 | 800 | Held |
| Duke EnergyDUK | <0.1% | $31,000 | 243 | Held |
| International Business MachinesIBM | <0.1% | $28,000 | 100 | Held |
| Union PacificUNP | <0.1% | $27,000 | 100 | Held |
| WalmartWMT | <0.1% | $25,000 | 224 | Held |
| CaterpillarCAT | <0.1% | $20,000 | 19 | Held |
| Eli LillyLLY | <0.1% | $16,000 | 13 | Held |
| Bank of Nova ScotiaBNS | <0.1% | $11,000 | 125 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 16.3% since 30 June 2025.
Where the money is
Technology20.5%
Financial services18.7%
Industrials18.3%
Health care13.8%
Media & telecom9.2%
Retail & consumer7.4%
Real estate3.3%
Everyday goods3.1%
Materials2.1%
Utilities1.9%
Energy1.7%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.