Q4 2025 · 13F-HR
DILLON & ASSOCIATES INCholdings as filed
Filed 2026-02-09 · accession 0001054425-26-000001
$774,447
Reported value
77
Positions
2025-12-31
Period end
The Brief · DILLON & ASSOCIATES INC · Q4 2025
AI · grounded in 13F
DILLON & ASSOCIATES INC reduced its position in FISV by 76.24%. The fund increased its holdings in LLY by 19.05% and ISRG by 11.81%. Other activity included trimming shares of NVDA by 4.60%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 67066G104 | NVDA | NVIDIA Corp | $161,887 | 20.9% | 870,360 | Common | NONE |
| 037833100 | AAPL | Apple Inc | $69,360 | 8.96% | 255,000 | Common | NONE |
| 02079K305 | GOOGL | Alphabet Inc Cl A | $60,585 | 7.82% | 193,562 | Common | NONE |
| 92826C839 | V | Visa Inc | $40,860 | 5.28% | 116,411 | Common | NONE |
| 863667101 | SYK | Stryker Corp | $30,294 | 3.91% | 86,307 | Common | NONE |
| 002824100 | ABT | Abbott Laboratories | $28,305 | 3.65% | 226,443 | Common | NONE |
| 023135106 | AMZN | Amazon.com Inc | $22,474 | 2.90% | 97,288 | Common | NONE |
| 697435105 | PANW | Palo Alto Networks | $21,363 | 2.76% | 116,104 | Common | NONE |
| 02079K107 | GOOG | Alphabet Inc Cl C | $18,507 | 2.39% | 58,941 | Common | NONE |
| 053015103 | ADP | Automatic Data Proc | $18,109 | 2.34% | 70,464 | Common | NONE |
| 548661107 | LOW | Lowe's Companies Inc | $18,042 | 2.33% | 74,862 | Common | NONE |
| 46120E602 | ISRG | Intuitive Surgical | $18,019 | 2.33% | 31,836 | Common | NONE |
| 67103H107 | ORLY | O'Reilly Automotive Inc | $17,390 | 2.25% | 191,101 | Common | NONE |
| 670100205 | NVO | Novo-Nordisk A-S ADR | $15,361 | 1.98% | 301,198 | Common | NONE |
| 147528103 | CASY | Casey's General Stores | $14,518 | 1.87% | 26,254 | Common | NONE |
| 655844108 | NSC | Norfolk Southern Corp | $14,119 | 1.82% | 48,855 | Common | NONE |
| 009158106 | APD | Air Products & Chemicals | $14,067 | 1.82% | 56,950 | Common | NONE |
| 278865100 | ECL | Ecolab Inc | $13,671 | 1.77% | 51,980 | Common | NONE |
| 235851102 | DHR | Danaher Corporation | $12,524 | 1.62% | 54,692 | Common | NONE |
| 22160K105 | COST | Costco Wholesale Corp | $11,773 | 1.52% | 13,658 | Common | NONE |
| 70432V102 | PAYC | Paycom Software | $11,318 | 1.46% | 71,181 | Common | NONE |
| 169656105 | CMG | Chipotle Mexican Grill | $10,747 | 1.39% | 290,449 | Common | NONE |
| 594918104 | MSFT | Microsoft Corp | $8,943 | 1.15% | 18,478 | Common | NONE |
| 79466L302 | CRM | Salesforce.com | $8,466 | 1.09% | 31,949 | Common | NONE |
| 30303M102 | META | Meta Platforms Inc | $8,126 | 1.05% | 12,312 | Common | NONE |
| 532457108 | LLY | Lilly (Eli) | $7,644 | 0.99% | 7,111 | Common | NONE |
| 75513E101 | RTX | RTX Corp | $7,380 | 0.95% | 40,327 | Common | NONE |
| 136375102 | CNI | Canadian Nat'l Railway | $7,281 | 0.94% | 73,546 | Common | NONE |
| G29183103 | ETN | Eaton Corp PLC | $7,010 | 0.91% | 21,976 | Common | NONE |
| 855244109 | SBUX | Starbucks Corp | $6,513 | 0.84% | 77,530 | Common | NONE |
| 65339F101 | NEE | NextEra Energy Inc | $6,050 | 0.78% | 75,627 | Common | NONE |
| 704326107 | PAYX | Paychex Inc | $5,200 | 0.67% | 46,430 | Common | NONE |
| 46625H100 | JPM | JP Morgan Chase & Co | $5,044 | 0.65% | 15,665 | Common | NONE |
| 478160104 | JNJ | Johnson & Johnson | $4,887 | 0.63% | 23,608 | Common | NONE |
| 713448108 | PEP | PepsiCo Inc | $4,632 | 0.60% | 32,166 | Common | NONE |
| 61174X109 | MNST | Monster Beverage Corp | $4,201 | 0.54% | 54,557 | Common | NONE |
| 437076102 | HD | Home Depot | $3,822 | 0.49% | 11,111 | Common | NONE |
| 75886F107 | REGN | Regeneron Pharmaceuticals | $3,376 | 0.44% | 4,373 | Common | NONE |
| 580135101 | MCD | McDonald's Corp | $2,867 | 0.37% | 9,369 | Common | NONE |
| 742718109 | PG | Procter & Gamble | $2,468 | 0.32% | 17,259 | Common | NONE |
| 046353108 | AZNN | AstraZeneca PLC | $2,389 | 0.31% | 25,963 | Common | NONE |
| 194162103 | CL | Colgate-Palmolive | $2,264 | 0.29% | 28,656 | Common | NONE |
| 931142103 | WMT | Wal-Mart Stores | $1,820 | 0.24% | 16,397 | Common | NONE |
| N07059210 | ASML | ASML Holding NV | $1,694 | 0.22% | 1,583 | Common | NONE |
| 00287Y109 | ABBV | AbbVie Inc | $1,612 | 0.21% | 7,071 | Common | NONE |
| 337738108 | FISV | Fiserv Inc | $1,482 | 0.19% | 22,118 | Common | NONE |
| 438516106 | HON | Honeywell Int'l | $1,346 | 0.17% | 6,901 | Common | NONE |
| 15118V207 | CELH | Celsius Holdings Inc | $1,343 | 0.17% | 29,202 | Common | NONE |
| 032654105 | ADI | Analog Devices | $1,133 | 0.15% | 4,182 | Common | NONE |
| 747525103 | QCOM | QUALCOMM Inc | $1,083 | 0.14% | 6,333 | Common | NONE |
| 871829107 | SYY | Sysco Corp | $999 | 0.13% | 13,505 | Common | NONE |
| 368736104 | GNRC | Generac Holdings Inc | $946 | 0.12% | 6,956 | Common | NONE |
| 031162100 | AMGN | Amgen Inc | $812 | 0.10% | 2,483 | Common | NONE |
| 64110L106 | NFLX | Netflix Inc | $584 | 0.08% | 6,218 | Common | NONE |
| 254687106 | DIS | Disney Walt Co | $563 | 0.07% | 4,940 | Common | NONE |
| 00724F101 | ADBE | Adobe Inc | $496 | 0.06% | 1,416 | Common | NONE |
| 609207105 | MDLZ | Mondelez Int'l | $463 | 0.06% | 8,575 | Common | NONE |
| 773903109 | ROK | Rockwell Automation inc | $462 | 0.06% | 1,187 | Common | NONE |
| 427866108 | HSY | Hershey Company | $447 | 0.06% | 2,458 | Common | NONE |
| 291011104 | EMR | Emerson Electric | $427 | 0.06% | 3,208 | Common | NONE |
| 17275R102 | CSCO | Cisco Systems | $417 | 0.05% | 5,413 | Common | NONE |
| 88160R101 | TSLA | Tesla Motors Inc | $389 | 0.05% | 865 | Common | NONE |
| 91324P102 | UNH | UnitedHealth Group Inc | $367 | 0.05% | 1,113 | Common | NONE |
| 001055102 | AFL | AFLAC Inc | $363 | 0.05% | 3,300 | Common | NONE |
| 14040H105 | COF | Capital One Fin'l | $363 | 0.05% | 1,502 | Common | NONE |
| 571748102 | MRSH | Marsh & McLennan | $335 | 0.04% | 1,800 | Common | NONE |
| 874039100 | TSM | Taiwan Semiconductor Mfg ADR | $304 | 0.04% | 1,000 | Common | NONE |
| 66987V109 | NVS | Novartis AG ADS | $304 | 0.04% | 2,202 | Common | NONE |
| 902973304 | USB | U S Bancorp | $274 | 0.04% | 5,176 | Common | NONE |
| 21036P108 | STZ | Constellation Brands Inc | $270 | 0.03% | 1,953 | Common | NONE |
| 084670702 | BRK/B | Berkshire Hathaway Cl B | $262 | 0.03% | 520 | Common | NONE |
| 191216100 | KO | Coca-Cola Co | $261 | 0.03% | 3,725 | Common | NONE |
| 29250N105 | ENB | Enbridge Inc | $251 | 0.03% | 5,237 | Common | NONE |
| 69608A108 | PLTR | Palantir Technologies Inc | $233 | 0.03% | 1,310 | Common | NONE |
| 58933Y105 | MRK | Merck & Co Inc | $218 | 0.03% | 2,078 | Common | NONE |
| G54950103 | LIN | Linde PLC | $216 | 0.03% | 508 | Common | NONE |
| 45256X103 | IBRX | ImmunityBio Inc | $52 | 0.01% | 25,800 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.