SEC 13F Intelligence

Managers / Q2 2019 · view latest →

WENDELL DAVID ASSOCIATES INC

CIK 0000878228 · 1 NEW HAMPSHIRE AVENUE, SUITE 300, PORTSMOUTH, NH, 03801-2904 · 6034270200

Reported Value
$666M
Q2 2019
Positions
154
Filings on Record
29
2019–present window
Filed
Jul 16, 2019
original filing

Summary

Wendell David Associates Inc reported $666M in U.S.-listed holdings across 154 positions for Q2 2019.

Its largest position, MA, represents 6.0% of the portfolio.

Compared with Q1 2019, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+1.8%
vs prior filed quarter
Top-10 Concentration
+35.7%
share of reported value
Largest Position
+6.0%
Mastercard
New / Exited
2 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $642MQ1 ’19Q2 ’19: $666MQ3 ’19: $683MQ4 ’19: $726MQ1 ’20: $591MQ1 ’20Q2 ’20: $690MQ3 ’20: $750MQ4 ’20: $818MQ1 ’21: $831MQ1 ’21Q2 ’21: $893MQ3 ’21: $897MQ4 ’21: $988MQ1 ’22: $898MQ1 ’22Q2 ’22: $786MQ3 ’22: $743MQ4 ’22: $814MQ1 ’23: $843MQ1 ’23Q2 ’23: $885MQ3 ’23: $850MQ4 ’23: $928MQ1 ’24: $990MQ1 ’24Q2 ’24: $981MQ3 ’24: $1.0BQ4 ’24: $1.0BQ1 ’25: $1.0BQ1 ’25Q2 ’25: $994MQ3 ’25: $1.0BQ4 ’25: $984MQ1 ’26: $919MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 96.0%REIT: 2.2%ETP: 0.9%ADR: 0.6%Other: 0.3%
  • Common Stock · 96.0% · $640M
  • REIT · 2.2% · $15M
  • ETP · 0.9% · $6M
  • ADR · 0.6% · $4M
  • Other · 0.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DDDuPont de NemoursNEW+3.0K3.0K+$228,000$228,000
ALLAllstateNEW+2.0K2.0K+$203,000$203,000
DowDupontSOLD OUT−9.1K0−$487,000$0
DDominion EnergySOLD OUT−2.8K0−$215,000$0
STTState StreetSOLD OUT−3.1K0−$204,000$0
FASTFastenalADDED+24.8K51.5K−$42,000$2M
CTSHCognizant TechnologyTRIMMED−18.9K19.3K−$2M$1M
CELGCelgeneTRIMMED−5.0K9.4K−$488,000$868,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2019

154 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MAMastercardhistory →COMM6.05%$40M152.4K
2ADPAutomatic Data Processinghistory →COMM5.09%$34M205.0K
3ECLEcolabhistory →COMM3.74%$25M126.4K
4SYKStrykerhistory →COMM3.66%$24M118.6K
5TJXTJX Companieshistory →COMM3.42%$23M431.5K
6AAPLApplehistory →COMM3.03%$20M102.1K
7MKCMcCormickhistory →COMM2.76%$18M118.7K
8NKENIKE 'B'history →COMM2.75%$18M218.5K
9MSFTMicrosofthistory →COMM2.72%$18M135.1K
10MCDMcDonald'shistory →COMM2.47%$16M79.4K
11JNJJohnson & Johnsonhistory →COMM2.45%$16M117.2K
12ABTAbbott Labshistory →COMM2.42%$16M192.0K
13FISVFiservhistory →COMM2.35%$16M171.8K
14CHDChurch & Dwighthistory →COMM2.34%$16M213.5K
15DHRDanaherhistory →COMM1.83%$12M85.5K
16INTUIntuithistory →COMM1.78%$12M45.5K
17NEENextEra Energyhistory →COMM1.70%$11M55.3K
18FDSFactSet Research Systemshistory →COMM1.61%$11M37.4K
19KOCoca-Colahistory →COMM1.59%$11M207.6K
20PGProcter & Gamblehistory →COMM1.56%$10M94.8K
21EXMOCExxonMobilhistory →COMM1.46%$10M127.4K
22BRBroadridge Financial Solutionshistory →COMM1.46%$10M76.4K
23DISDisney, Walthistory →COMM1.43%$10M68.1K
24AMTAmerican Towerhistory →COMM1.41%$9M45.9K
25BDXBecton, Dickinsonhistory →COMM1.29%$9M34.2K
26PEPPepsiCohistory →COMM1.26%$8M64.2K
27CLColgate-Palmolivehistory →COMM1.21%$8M112.7K
28ABBVAbbViehistory →COMM1.18%$8M108.1K
29IDXXIDEXX Labshistory →COMM1.15%$8M27.8K
30BF/BBrown-Forman 'B'history →COMM1.11%$7M133.4K
31UTXZUnited Technologieshistory →COMM1.03%$7M52.7K
32ACNAccenture 'A'history →COMM1.03%$7M37.0K
33ITWIllinois Tool WorksCOMM0.97%$6M42.8K
34GOOGLAlphabet Class ACOMM0.94%$6M5.8K
35SYYSyscoCOMM0.87%$6M81.7K
36PFFiShares S&P US Pfd ETFDEBT0.87%$6M156.5K
37HDHome DepotCOMM0.82%$5M26.4K
38USBUS BancorpCOMM0.75%$5M95.5K
39WEXWEXCOMM0.71%$5M22.7K
40HONHoneywell Int'lCOMM0.71%$5M27.0K
41LLYLilly, EliCOMM0.67%$4M40.3K
42ELEstee LauderCOMM0.64%$4M23.4K
43MPCMarathon PetroleumCOMM0.64%$4M76.4K
44MRKMerckCOMM0.63%$4M50.4K
45PAYXPaychexCOMM0.63%$4M50.8K
46AMZNAmazon.comCOMM0.62%$4M2.2K
47SBUXStarbucksCOMM0.61%$4M48.4K
48APDAir Products & ChemicalsCOMM0.60%$4M17.6K
49BRK/BBerkshire Hathaway 'B'COMM0.59%$4M18.4K
50WSOWatscoCOMM0.59%$4M23.9K
51QCOMQUALCOMMCOMM0.56%$4M48.8K
52VZVerizon CommunicationsCOMM0.55%$4M64.3K
53CSCOCisco SystemsCOMM0.55%$4M66.8K
54WMTWalmartCOMM0.52%$3M31.2K
55BCPCBalchemCOMM0.50%$3M33.0K
56UNPUnion PacificCOMM0.48%$3M19.1K
57WBAWalgreens Boots AllianceCOMM0.44%$3M53.9K
58INTCIntelCOMM0.40%$3M56.3K
59LOWLowe'sCOMM0.40%$3M26.4K
60EMREmerson ElectricCOMM0.40%$3M40.0K
61JKHYJack Henry & AssociatesCOMM0.39%$3M19.3K
62VVisaCOMM0.38%$3M14.4K
63TAT&TCOMM0.37%$2M73.0K
64PFEPfizerCOMM0.37%$2M56.3K
65NVONovo Nordisk ADRCOMM0.36%$2M47.3K
66EWEdwards LifesciencesCOMM0.34%$2M12.1K
67AMGNAmgenCOMM0.32%$2M11.6K
68FDXFedExCOMM0.28%$2M11.3K
69MMM3M CompanyCOMM0.27%$2M10.5K
70FTVFortiveCOMM0.26%$2M21.6K
71HPHelmerich & PayneCOMM0.25%$2M33.5K
72GWWGrainger, W.W.COMM0.25%$2M6.3K
73WELLWelltowerCOMM0.25%$2M20.6K
74FASTFastenalCOMM0.25%$2M51.5K
75DEDeere & CompanyCOMM0.25%$2M9.9K
76WRIWeingarten RealtyCOMM0.24%$2M58.4K
77EXPDExpeditors Int'lCOMM0.24%$2M20.8K
78CDKCDK GlobalCOMM0.23%$2M30.4K
79PPGPPG IndustriesCOMM0.22%$1M12.5K
80ISRGIntuitive SurgicalCOMM0.21%$1M2.7K
81ZTSZoetisCOMM0.21%$1M12.2K
82TiffanyCOMM0.21%$1M14.7K
83GILDGilead SciencesCOMM0.20%$1M20.1K
84ULTAUlta BeautyCOMM0.20%$1M3.9K
85RHHBYRoche Holding Ltd ADRCOMM0.20%$1M38.4K
86IBMIBMCOMM0.19%$1M9.2K
87EOGEOG ResourcesCOMM0.19%$1M13.5K
88PMPhilip Morris Int'lCOMM0.18%$1M15.6K
89CTSHCognizant TechnologyCOMM0.18%$1M19.3K
90FLOFlowers FoodsCOMM0.18%$1M52.3K
91EPAMEPAM SystemsCOMM0.16%$1M6.0K
92CSXCSXCOMM0.14%$941,00012.2K
93BFSSaul CentersCOMM0.13%$889,00015.8K
94CELGCelgeneCOMM0.13%$868,0009.4K
95ROSTRoss StoresCOMM0.12%$813,0008.2K
96CVXChevronCOMM0.12%$808,0006.5K
97EQREquity Residential PropertiesCOMM0.12%$776,00010.2K
98HSYHershey CompanyCOMM0.11%$748,0005.6K
99KELKelloggCOMM0.11%$729,00013.6K
100BACBank of AmericaCOMM0.10%$699,00024.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$919M151Apr 23, 202613F-HRchanges · EDGAR ↗
Q4 2025$984M149Jan 30, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.0B149Oct 30, 202513F-HRchanges · EDGAR ↗
Q2 2025$994M147Jul 29, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.0B151Apr 18, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.0B154Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.0B160Oct 21, 202413F-HRchanges · EDGAR ↗
Q2 2024$981M159Jul 22, 202413F-HRchanges · EDGAR ↗
Q1 2024$990M163Apr 22, 202413F-HRchanges · EDGAR ↗
Q4 2023$928M162Jan 22, 202413F-HRchanges · EDGAR ↗
Q3 2023$850M156Oct 20, 202313F-HRchanges · EDGAR ↗
Q2 2023$885M147Jul 20, 202313F-HRchanges · EDGAR ↗
Q1 2023$843M146Apr 19, 202313F-HRchanges · EDGAR ↗
Q4 2022$814M146Jan 17, 202313F-HRchanges · EDGAR ↗
Q3 2022$743M145Oct 18, 202213F-HRchanges · EDGAR ↗
Q2 2022$786M149Jul 14, 202213F-HRchanges · EDGAR ↗
Q1 2022$898M153Apr 22, 202213F-HRchanges · EDGAR ↗
Q4 2021$988M155Jan 24, 202213F-HRchanges · EDGAR ↗
Q3 2021$897M153Oct 19, 202113F-HRchanges · EDGAR ↗
Q2 2021$893M153Jul 19, 202113F-HRchanges · EDGAR ↗
Q1 2021$831M150Apr 20, 202113F-HRchanges · EDGAR ↗
Q4 2020$818M150Jan 22, 202113F-HRchanges · EDGAR ↗
Q3 2020$750M146Oct 20, 202013F-HRchanges · EDGAR ↗
Q2 2020$690M143Jul 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$591M138Apr 16, 202013F-HRchanges · EDGAR ↗
Q4 2019$726M150Jan 17, 202013F-HRchanges · EDGAR ↗
Q3 2019$683M153Oct 22, 201913F-HRchanges · EDGAR ↗
Q2 2019$666M154Jul 16, 201913F-HRchanges · EDGAR ↗
Q1 2019$642M155Apr 11, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.