Westchester Capital Management
OMAHA, NEfiles as Westchester Capital Management, Inc.
$555m in 46 US stocks at the end of 30 June 2026. The top 10 are 59.5% of the money. It changed about 8.5% of the portfolio this quarter.
Value
$555m
Stocks
46
Top 10 share
59.5%
Turnover
8.5%
What changed this quarter
New
Bought for the first time this quarter.
- State STR Spdr S&P 500 ETF TSPY<0.1% of the fund
Added
Bought more of a stock they already held.
- McDonald'sMCD2.7% of the fund+8%
- Meta PlatformsMETA0.6% of the fund+759%
- PepsiCoPEP0.4% of the fund+6%
Cut
Sold some of their stake.
- CaterpillarCAT10.7% of the fund-5%
- AppleAAPL8.0% of the fund-3%
- Cisco SystemsCSCO5.1% of the fund-4%
- WalmartWMT5.0% of the fund-2%
- Bank of New York MellonBNY4.6% of the fund-5%
- IntelINTC4.5% of the fund-5%
- Valero EnergyVLO3.9% of the fund-3%
- MedtronicMDT1.4% of the fund-2%
- Walt DisneyDIS0.8% of the fund-3%
- AT&TT0.4% of the fund-2%
- WatersWAT0.4% of the fund-15%
- Lowe's CompaniesLOW0.2% of the fund-4%
- Vanguard Index FDSVOO<0.1% of the fund-5%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Ishares TRIVV
- Share
- 0.4%
- Value
- $2m
- Shares
- 2,896
Held
- State STR Spdr S&P 500 ETF TSPY
- Share
- <0.1%
- Value
- $405,496
- Shares
- 543
New
- Vanguard Index FDSVOO
- Share
- <0.1%
- Value
- $353,020
- Shares
- 514
-5%
- Ishares TRITOT
- Share
- <0.1%
- Value
- $314,084
- Shares
- 1,912
Held
- Vanguard BD Index FDSBND
- Share
- <0.1%
- Value
- $219,349
- Shares
- 2,988
Held
- Vanguard Scottsdale FDSVCSH
- Share
- <0.1%
- Value
- $135,536
- Shares
- 1,715
Held
- Vanguard Scottsdale FDSVGSH
- Share
- <0.1%
- Value
- $133,569
- Shares
- 2,295
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| CaterpillarCAT | 10.7% | $59m | 55,808 | -5% |
| AppleAAPL | 8.0% | $44m | 152,601 | -3% |
| AlphabetGOOGL | 6.6% | $37m | 102,614 | Held |
| Berkshire HathawayBRK-B | 5.2% | $29m | 57,422 | Held |
| Cisco SystemsCSCO | 5.1% | $28m | 240,567 | -4% |
| WalmartWMT | 5.0% | $28m | 245,533 | -2% |
| MicrosoftMSFT | 4.9% | $27m | 72,899 | Held |
| JPMorgan ChaseJPM | 4.8% | $27m | 82,058 | Held |
| AbbVieABBV | 4.7% | $26m | 102,641 | Held |
| Bank of New York MellonBNY | 4.6% | $25m | 176,255 | -5% |
| IntelINTC | 4.5% | $25m | 180,439 | -5% |
| Valero EnergyVLO | 3.9% | $22m | 83,284 | -3% |
| Waste ManagementWM | 3.6% | $20m | 88,590 | Held |
| Microchip TechnologyMCHP | 3.2% | $18m | 197,635 | Held |
| ExxonMobil HoldingsXOM | 2.9% | $16m | 118,294 | Held |
| Lockheed MartinLMT | 2.9% | $16m | 31,554 | Held |
| Johnson & JohnsonJNJ | 2.7% | $15m | 59,675 | Held |
| McDonald'sMCD | 2.7% | $15m | 55,692 | +8% |
| Home DepotHD | 2.5% | $14m | 38,782 | Held |
| Amazon.comAMZN | 1.8% | $10m | 42,813 | Held |
| MedtronicMDT | 1.4% | $8m | 99,190 | -2% |
| SalesforceCRM | 1.3% | $7m | 47,024 | Held |
| Becton DickinsonBDX | 1.3% | $7m | 46,500 | Held |
| PfizerPFE | 1.2% | $7m | 276,275 | Held |
| Walt DisneyDIS | 0.8% | $4m | 44,693 | -3% |
| Meta PlatformsMETA | 0.6% | $4m | 6,315 | +759% |
| AT&TT | 0.4% | $2m | 118,987 | -2% |
| NvidiaNVDA | 0.4% | $2m | 11,235 | Held |
| BoeingBA | 0.4% | $2m | 10,353 | Held |
| Ishares TRIVV | 0.4% | $2m | 2,896 | Held |
| PepsiCoPEP | 0.4% | $2m | 15,513 | +6% |
| WatersWAT | 0.4% | $2m | 5,228 | -15% |
| Lowe's CompaniesLOW | 0.2% | $841,831 | 3,818 | -4% |
| Conagra BrandsCAG | 0.1% | $710,455 | 52,783 | Held |
| State STR Spdr S&P 500 ETF TSPY | <0.1% | $405,496 | 543 | New |
| Vanguard Index FDSVOO | <0.1% | $353,020 | 514 | -5% |
| Ishares TRITOT | <0.1% | $314,084 | 1,912 | Held |
| Verizon CommunicationsVZ | <0.1% | $292,612 | 6,911 | Held |
| American ExpressAXP | <0.1% | $223,245 | 660 | Held |
| Vanguard BD Index FDSBND | <0.1% | $219,349 | 2,988 | Held |
| AlphabetGOOG | <0.1% | $190,798 | 540 | Held |
| ChevronCVX | <0.1% | $166,589 | 1,005 | Held |
| Vanguard Scottsdale FDSVCSH | <0.1% | $135,536 | 1,715 | Held |
| Vanguard Scottsdale FDSVGSH | <0.1% | $133,569 | 2,295 | Held |
| Coca-ColaKO | <0.1% | $117,760 | 1,449 | Held |
| Bank of AmericaBAC | <0.1% | $17,094 | 300 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 30.7% since 30 June 2025.
Where the money is
Technology27.4%
Industrials17.6%
Financial services14.6%
Health care11.6%
Media & telecom8.5%
Retail & consumer7.2%
Energy6.8%
Everyday goods5.5%
Other0.7%
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.