SEC 13F Intelligence

Managers / Q4 2019 · view latest →

WENDELL DAVID ASSOCIATES INC

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

Reported Value
$726M
Q4 2019
Positions
150
Filings on Record
29
2019–present window
Filed
Jan 17, 2020
original filing

Summary

Wendell David Associates Inc reported $726M in U.S.-listed holdings across 150 positions for Q4 2019.

Its largest position, MA, represents 6.2% of the portfolio.

Compared with Q3 2019, the fund opened 3 new positions and exited 6.

Portfolio Metrics

Turnover
+1.3%
vs prior filed quarter
Top-10 Concentration
+37.6%
share of reported value
Largest Position
+6.2%
Mastercard
New / Exited
3 / 6
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: 96.2%REIT: 2.3%ETP: 0.8%ADR: 0.5%Other: 0.1%
  • Common Stock · 96.2% · $699M
  • REIT · 2.3% · $17M
  • ETP · 0.8% · $6M
  • ADR · 0.5% · $4M
  • Other · 0.1% · $999,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
COLMColumbia SportswearNEW+5.7K5.7K+$574,000$574,000
DOCHealthpeak PropertiesNEW+14.6K14.6K+$503,000$503,000
CHTRCharter CommunicationsNEW+441441+$214,000$214,000
CELGCelgeneSOLD OUT−8.0K0−$794,000$0
HCPSOLD OUT−14.6K0−$520,000$0
WMWaste ManagementSOLD OUT−2.5K0−$282,000$0
Versum MaterialsSOLD OUT−5.2K0−$274,000$0
ORCLOracleSOLD OUT−4.3K0−$234,000$0

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

Holdings — Q4 2019

150 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MAMastercardhistory →COMM6.24%$45M151.7K
2ADPAutomatic Data Processinghistory →COMM4.90%$36M208.8K
3AAPLApplehistory →COMM4.06%$29M100.4K
4TJXTJX Companieshistory →COMM3.67%$27M436.7K
5SYKStrykerhistory →COMM3.56%$26M123.1K
6ECLEcolabhistory →COMM3.32%$24M125.0K
7NKENIKE 'B'history →COMM3.15%$23M225.9K
8MSFTMicrosofthistory →COMM3.11%$23M143.3K
9FISVFiservhistory →COMM2.82%$20M176.9K
10MKCMcCormickhistory →COMM2.78%$20M118.8K
11JNJJohnson & Johnsonhistory →COMM2.30%$17M114.7K
12ABTAbbott Labshistory →COMM2.27%$16M189.4K
13MCDMcDonald'shistory →COMM2.18%$16M79.9K
14CHDChurch & Dwighthistory →COMM2.00%$15M206.9K
15DHRDanaherhistory →COMM1.86%$14M88.0K
16NEENextEra Energyhistory →COMM1.83%$13M54.7K
17INTUIntuithistory →COMM1.69%$12M46.8K
18PGProcter & Gamblehistory →COMM1.62%$12M94.2K
19KOCoca-Colahistory →COMM1.58%$11M206.6K
20AMTAmerican Towerhistory →COMM1.49%$11M47.1K
21BRBroadridge Financial Solutionshistory →COMM1.46%$11M85.8K
22DISDisney, Walthistory →COMM1.40%$10M70.1K
23BDXBecton, Dickinsonhistory →COMM1.38%$10M36.7K
24FDSFactSet Research Systemshistory →COMM1.37%$10M37.1K
25ABBVAbbViehistory →COMM1.28%$9M104.8K
26PEPPepsiCohistory →COMM1.22%$9M64.9K
27BF/BBrown-Forman 'B'history →COMM1.22%$9M131.1K
28EXMOCExxonMobilhistory →COMM1.20%$9M124.4K
29UTXZUnited Technologieshistory →COMM1.12%$8M54.5K
30GOOGLAlphabet Class Ahistory →COMM1.10%$8M5.9K
31ACNAccenture 'A'history →COMM1.06%$8M36.4K
32CLColgate-Palmolivehistory →COMM1.02%$7M107.9K
33ITWIllinois Tool Workshistory →COMM1.02%$7M41.3K
34IDXXIDEXX LabsCOMM0.97%$7M26.9K
35SYYSyscoCOMM0.97%$7M82.0K
36HDHome DepotCOMM0.86%$6M28.6K
37PFFiShares S&P US Pfd ETFDEBT0.76%$6M147.5K
38USBUS BancorpCOMM0.73%$5M89.5K
39WEXWEXCOMM0.73%$5M25.3K
40LLYLilly, EliCOMM0.73%$5M40.1K
41ELEstee LauderCOMM0.71%$5M24.9K
42HONHoneywell Int'lCOMM0.68%$5M28.0K
43MPCMarathon PetroleumCOMM0.64%$5M77.4K
44MRKMerckCOMM0.63%$5M50.6K
45AMZNAmazon.comCOMM0.61%$4M2.4K
46SBUXStarbucksCOMM0.60%$4M49.8K
47QCOMQUALCOMMCOMM0.59%$4M48.4K
48WSOWatscoCOMM0.59%$4M23.7K
49PAYXPaychexCOMM0.58%$4M49.5K
50APDAir Products & ChemicalsCOMM0.56%$4M17.5K
51BRK/BBerkshire Hathaway 'B'COMM0.53%$4M17.1K
52VZVerizon CommunicationsCOMM0.53%$4M62.8K
53WMTWalmartCOMM0.53%$4M32.2K
54INTCIntelCOMM0.45%$3M55.2K
55UNPUnion PacificCOMM0.44%$3M17.8K
56LOWLowe'sCOMM0.42%$3M25.7K
57CSCOCisco SystemsCOMM0.42%$3M64.0K
58BCPCBalchemCOMM0.42%$3M29.9K
59VVisaCOMM0.42%$3M16.2K
60EMREmerson ElectricCOMM0.41%$3M38.7K
61EWEdwards LifesciencesCOMM0.39%$3M12.3K
62TAT&TCOMM0.39%$3M73.0K
63AMGNAmgenCOMM0.38%$3M11.6K
64JKHYJack Henry & AssociatesCOMM0.38%$3M18.9K
65WBAWalgreens Boots AllianceCOMM0.38%$3M46.7K
66NVONovo Nordisk ADRCOMM0.35%$3M43.7K
67PFEPfizerCOMM0.31%$2M56.8K
68GWWGrainger, W.W.COMM0.29%$2M6.3K
69ZTSZoetisCOMM0.29%$2M16.1K
70FASTFastenalCOMM0.26%$2M51.2K
71TiffanyCOMM0.24%$2M13.2K
72FTVFortiveCOMM0.24%$2M22.9K
73WELLWelltowerCOMM0.23%$2M20.6K
74WRIWeingarten RealtyCOMM0.23%$2M53.9K
75DEDeere & CompanyCOMM0.23%$2M9.6K
76PPGPPG IndustriesCOMM0.23%$2M12.5K
77EXPDExpeditors Int'lCOMM0.22%$2M20.8K
78MMM3M CompanyCOMM0.22%$2M9.1K
79ISRGIntuitive SurgicalCOMM0.22%$2M2.7K
80CDKCDK GlobalCOMM0.22%$2M28.7K
81RHHBYRoche Holding Ltd ADRCOMM0.19%$1M33.5K
82PMPhilip Morris Int'lCOMM0.18%$1M15.8K
83BMYBristol-Myers SquibbCOMM0.18%$1M20.2K
84ULTAUlta BeautyCOMM0.17%$1M5.0K
85HPHelmerich & PayneCOMM0.17%$1M27.5K
86IBMIBMCOMM0.15%$1M7.9K
87GILDGilead SciencesCOMM0.15%$1M16.2K
88FLOFlowers FoodsCOMM0.14%$1M48.2K
89EOGEOG ResourcesCOMM0.14%$1M12.4K
90EPAMEPAM SystemsCOMM0.13%$955,0004.5K
91KELKelloggCOMM0.12%$899,00013.0K
92ROSTRoss StoresCOMM0.12%$880,0007.6K
93CSXCSXCOMM0.12%$880,00012.2K
94BACBank of AmericaCOMM0.12%$861,00024.5K
95BFSSaul CentersCOMM0.12%$836,00015.8K
96RaytheonCOMM0.11%$828,0003.8K
97EQREquity Residential PropertiesCOMM0.11%$827,00010.2K
98HSYHershey CompanyCOMM0.11%$804,0005.5K
99CVXChevronCOMM0.11%$771,0006.4K
100CVSCVS HealthCOMM0.10%$716,0009.6K

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 ↗.