DILLON & ASSOCIATES INC
Sector Allocation
- Technology54.8%$465.2M
- Healthcare13.7%$116.5M
- Consumer Discretionary10.4%$88.2M
- Financials6.8%$57.3M
- Industrials5.4%$46.1M
- Materials3.9%$32.8M
- Consumer Staples3.4%$29.0M
- Utilities0.8%$6.9M
- Communication Services0.8%$6.5M
- Energy0.0%$252,000
AUM History
13fpro.ai/research/fund/dillon-and-associates-inc-1054425
Conviction and streaks
Concentrating · top 10 = 64.5%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q3 2026
NVDA
$188.0MAAPL
$82.7MGOOGL
$66.0MPANW
$50.4MV
$42.2MSYK
$26.7MAMZN
$25.9MABT
$25.3MISRG
$20.6MGOOG
$19.4MADP
$19.3MCASY
$19.2MECL
$16.5MLLY
$16.1MAPD
$16.0MORLY
$15.7MNSC
$15.2MCOST
$13.9MMSFT
$13.0METN
$11.6M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/dillon-and-associates-inc-1054425
DILLON & ASSOCIATES INC 13F holdings — Q3 2026
$848.7M portfolio (+3.9% QoQ) · 79 holdings · Q3 2026 13F · top 10 are 65% of the stock portfolio
$188.0M
22.1% of stocks
-3%This quarter+1.8%Since filed11+ qtrsHeld$82.7M
9.8% of stocks
-1%This quarter-1.2%Since filed11+ qtrsHeld$66.0M
7.8% of stocks
-0.3%This quarter-2.0%Since filed11+ qtrsHeld$50.4M
5.9% of stocks
-0.7%This quarter+10.0%Since filed11+ qtrsHeld$42.2M
5.0% of stocks
+0.0%This quarter-2.5%Since filed11+ qtrsHeld$26.7M
3.1% of stocks
+3%This quarter-0.3%Since filed11+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 4 qtrs in a row$25.9M
3.0% of stocks
+2%This quarter-0.5%Since filed11+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 3 qtrs in a row$25.3M
3.0% of stocks
+1%This quarter+2.3%Since filed11+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 6 qtrs in a row$20.6M
2.4% of stocks
+25%This quarter+1.8%Since filed11+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 10 qtrs in a row$19.4M
2.3% of stocks
-1%This quarter-2.0%Since filed11+ qtrsHeld
All holdings — DILLON & ASSOCIATES INC (Q3 2026)
79 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | AUTOMATIC DATA PROCESSING INC | Technology | $19.3M | 2.3% | 75K | — | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | CASEYS GENERAL STORES INC | Consumer Discretionary | $19.2M | 2.3% | 32K | +3% | 9 qtrsAdded 9 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | ECOLAB INC. | Materials | $16.5M | 1.9% | 60K | +1% | 11+ qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | ELI LILLY & Co | Healthcare | $16.1M | 1.9% | 14K | +15% | 11+ qtrsAdded 8 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Air Products & Chemicals, Inc. | Materials | $16.0M | 1.9% | 58K | +1% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | O REILLY AUTOMOTIVE INC | Consumer Discretionary | $15.7M | 1.9% | 184K | -3% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | NORFOLK SOUTHERN CORP | Industrials | $15.2M | 1.8% | 49K | +0.0% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $13.9M | 1.6% | 15K | +5% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | MICROSOFT CORP | Technology | $13.0M | 1.5% | 25K | +9% | 11+ qtrsAdded 8 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | Eaton Corp plc | Industrials | $11.6M | 1.4% | 27K | +9% | 11+ qtrsAdded 10 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | DANAHER CORP /DE/ | Healthcare | $10.5M | 1.2% | 47K | -14% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | LOWES COMPANIES INC | Consumer Discretionary | $10.1M | 1.2% | 55K | -21% | 11+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | Meta Platforms, Inc. | Technology | $8.8M | 1.0% | 12K | -0.4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | CANADIAN NATIONAL RAILWAY CO | Industrials | $8.6M | 1.0% | 72K | -1% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | AMERICAN EXPRESS CO | Financials | $8.1M | 1.0% | 27K | +29% | 3 qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $RTX | RTX Corp | Industrials | $7.5M | 0.9% | 41K | -0.8% | |||
| 27 | $NEE | NEXTERA ENERGY INC | Utilities | $6.9M | 0.8% | 91K | +4% | |||
| 28 | $NFLX | NETFLIX INC | Communication Services | $6.1M | 0.7% | 88K | +46% | |||
| 29 | $JNJ | JOHNSON & JOHNSON | Healthcare | $6.0M | 0.7% | 23K | -1% | |||
| 30 | $BROS | Dutch Bros Inc. | Consumer Discretionary | $5.6M | 0.7% | 144K | +134% | |||
| 31 | $MNST | Monster Beverage Corp | Consumer Staples | $5.2M | 0.6% | 123K | +100% | |||
| 32 | $JPM | JPMORGAN CHASE & CO | Financials | $5.2M | 0.6% | 16K | +0.2% | |||
| 33 | $SBUX | STARBUCKS CORP | Consumer Discretionary | $4.9M | 0.6% | 52K | -16% | |||
| 34 | $PAYC | Paycom Software, Inc. | Technology | $4.4M | 0.5% | 20K | -27% | |||
| 35 | $REGN | REGENERON PHARMACEUTICALS, INC. | Healthcare | $3.6M | 0.4% | 4,757 | +16% | |||
| 36 | $ASML | ASML HOLDING NV | Technology | $3.2M | 0.4% | 1,778 | +3% | |||
| 37 | $AZN | ASTRAZENECA PLC | Healthcare | $2.7M | 0.3% | 17K | +10% | |||
| 38 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $2.5M | 0.3% | 8,860 | -11% | |||
| 39 | $PEP | PEPSICO INC | Consumer Staples | $2.4M | 0.3% | 19K | -8% | |||
| 40 | $PG | PROCTER & GAMBLE Co | Consumer Staples | $2.3M | 0.3% | 16K | -2% | |||
| 41 | $MCD | MCDONALDS CORP | Consumer Discretionary | $2.1M | 0.2% | 9,001 | -0.9% | |||
| 42 | $CL | COLGATE PALMOLIVE CO | Consumer Staples | $1.9M | 0.2% | 22K | -0.9% | |||
| 43 | $ADI | ANALOG DEVICES INC | Technology | $1.9M | 0.2% | 4,740 | -0.2% | |||
| 44 | $ABBV | AbbVie Inc. | Healthcare | $1.8M | 0.2% | 7,056 | +0.4% | |||
| 45 | $PAYX | PAYCHEX INC | Technology | $1.8M | 0.2% | 19K | -8% | |||
| 46 | $CRM | Salesforce, Inc. | Technology | $1.7M | 0.2% | 7,459 | -37% | |||
| 47 | $WMT | Walmart Inc. | Consumer Staples | $1.6M | 0.2% | 15K | -5% | |||
| 48 | $CMG | CHIPOTLE MEXICAN GRILL INC | Consumer Discretionary | $1.3M | 0.2% | 41K | -70% | |||
| 49 | $NVO | NOVO NORDISK A S | Healthcare | $1.3M | 0.2% | 35K | -40% | |||
| 50 | $GNRC | GENERAC HOLDINGS INC. | Technology | $1.2M | 0.1% | 5,576 | -0.9% | |||
| 51 | $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | Technology | $1.1M | 0.1% | 2,335 | +55% | |||
| 52 | $AMGN | AMGEN INC | Healthcare | $1.0M | 0.1% | 2,481 | -0.1% | |||
| 53 | $QCOM | QUALCOMM INC/DE | Technology | $871K | 0.1% | 4,736 | -14% | |||
| 54 | $SYY | SYSCO CORP | Consumer Discretionary | $821K | 0.1% | 11K | -12% | |||
| 55 | $CELH | Celsius Holdings, Inc. | Consumer Staples | $809K | 0.1% | 30K | -35% | |||
| 56 | $HONA | Honeywell Aerospace Inc. | Industrials | $724K | 0.1% | 4,669 | +42% | |||
| 57 | $ROK | ROCKWELL AUTOMATION, INC | Industrials | $671K | 0.1% | 1,542 | +14% | |||
| 58 | $GEV | GE Vernova Inc. | Industrials | $604K | 0.1% | 636 | +11% | |||
| 59 | $HON | HONEYWELL INTERNATIONAL INC | Industrials | $590K | 0.1% | 2,797 | -15% | |||
| 60 | $CSCO | CISCO SYSTEMS, INC. | Technology | $564K | 0.1% | 5,225 | -3% | |||
| 61 | $EMR | EMERSON ELECTRIC CO | Industrials | $505K | 0.1% | 3,259 | -2% | |||
| 62 | $UNH | UNITEDHEALTH GROUP INC | Healthcare | $406K | 0.1% | 1,107 | -0.5% | |||
| 63 | $AFL | AFLAC INC | Financials | $370K | 0.0% | 3,300 | — | |||
| 64 | $DIS | Walt Disney Co | Communication Services | $355K | 0.0% | 3,377 | -0.6% | |||
| 65 | $HSY | HERSHEY CO | Consumer Staples | $332K | 0.0% | 2,104 | -0.8% | |||
| 66 | $PLTR | Palantir Technologies Inc. | Technology | $320K | 0.0% | 1,710 | — | |||
| 67 | $MRSH | MARSH & MCLENNAN COMPANIES, INC. | Financials | $308K | 0.0% | 1,800 | — | |||
| 68 | $KO | COCA COLA CO | Consumer Staples | $303K | 0.0% | 3,528 | -5% | |||
| 69 | $USB | US BANCORP \DE\ | Financials | $299K | 0.0% | 5,150 | — | |||
| 70 | $MDLZ | Mondelez International, Inc. | Consumer Staples | $298K | 0.0% | 5,142 | -2% | |||
| 71 | $COF | CAPITAL ONE FINANCIAL CORP | Financials | $290K | 0.0% | 1,500 | — | |||
| 72 | $NVS | NOVARTIS AG | Healthcare | $290K | 0.0% | 2,031 | — | |||
| 73 | $BRK.B | BERKSHIRE HATHAWAY INC | Financials | $280K | 0.0% | 562 | -0.4% | |||
| 74 | $LIN | LINDE PLC | Materials | $276K | 0.0% | 580 | +7% | |||
| 75 | $AMD | ADVANCED MICRO DEVICES INC | Technology | $272K | 0.0% | 445 | +2% | |||
| 76 | $SPCX | SPACE EXPLORATION TECHNOLOGIES CORP | Technology | $269K | 0.0% | 1,781 | New | |||
| 77 | $ENB | ENBRIDGE INC | Energy | $252K | 0.0% | 5,487 | +3% | |||
| 78 | $IBRX | ImmunityBio, Inc. | Healthcare | $214K | 0.0% | 24K | — | |||
| 79 | $HBAN | HUNTINGTON BANCSHARES INC /MD/ | Financials | $203K | 0.0% | 14K | New |
What changed in Q3 2026
Against the previous quarter's 13F: 2 new, 30 added to, 39 trimmed, 3 sold out. Share-count changes; largest moves by dollar size first.
New positions (2)
Added to (30)
now $20.6M · held 11+ qtrs, 10 adds in a row
$BROSDutch Bros Inc.+134%
now $5.6M · held 2 qtrs, 2 adds in a row
$MNSTMonster Beverage Corp+100%
now $5.2M · held 11+ qtrs
now $16.1M · held 11+ qtrs, 8 adds in a row
$NFLXNETFLIX INC+46%
now $6.1M · held 4 qtrs, 4 adds in a row
$AXPAMERICAN EXPRESS CO+29%
now $8.1M · held 3 qtrs, 3 adds in a row
+24 more in the Excel export
Trimmed (39)
now $188.0M · held 11+ qtrs, 6 trims in a row
$CMGCHIPOTLE MEXICAN GRILL INC-70%
now $1.3M · held 11+ qtrs, 4 trims in a row
$LOWLOWES COMPANIES INC-21%
now $10.1M · held 11+ qtrs, 3 trims in a row
$DHRDANAHER CORP /DE/-14%
now $10.5M · held 11+ qtrs
$PAYCPaycom Software, Inc.-27%
now $4.4M · held 11+ qtrs, 3 trims in a row
$CRMSalesforce, Inc.-37%
now $1.7M · held 11+ qtrs, 2 trims in a row
+33 more in the Excel export
Holdings by quarter
Every 13F DILLON & ASSOCIATES INC has filed, 41 earlier quarters. Pick one to see what it held then.
Is it too late to follow DILLON & ASSOCIATES?
Q3 2026 13F filed with the SEC on Oct 22, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of DILLON & ASSOCIATES's top 20 holdings: 76/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
+1.0%
Value-weighted move of the 10 largest stock positions
Turnover
3%
Last quarter; 10% over the last 4
Top 10 weight
65%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
98%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
DILLON & ASSOCIATES INC disclosed 79 positions worth $848.7M in its Form 13F-HR for Q3 2026, led by $NVDA (NVIDIA CORP) at 22.1% of the equity portfolio, followed by $AAPL and $GOOGL. During the quarter the fund opened 2 new positions and exited 3 — including a new stake in $SPCX and a full exit from $TSLA. The portfolio is most concentrated in Technology (54.8% of disclosed assets). All figures are sourced directly from DILLON & ASSOCIATES INC’s Form 13F-HR filing with the SEC under CIK 1054425.
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