SEC 13F Intelligence

Managers / Q3 2020 · view latest →

WENDELL DAVID ASSOCIATES INC

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

Reported Value
$750M
Q3 2020
Positions
146
Filings on Record
29
2019–present window
Filed
Oct 20, 2020
original filing

Summary

Wendell David Associates Inc reported $750M in U.S.-listed holdings across 146 positions for Q3 2020.

Its largest position, MA, represents 6.5% of the portfolio.

Compared with Q2 2020, the fund opened 7 new positions and exited 4.

Portfolio Metrics

Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+39.3%
share of reported value
Largest Position
+6.5%
Mastercard
New / Exited
7 / 4
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: 96.6%REIT: 1.8%ETP: 0.9%ADR: 0.6%Other: 0.1%
  • Common Stock · 96.6% · $725M
  • REIT · 1.8% · $13M
  • ETP · 0.9% · $7M
  • ADR · 0.6% · $4M
  • Other · 0.1% · $989,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DGDollar GeneralNEW+18.2K18.2K+$4M$4M
FDXFedExNEW+978978+$246,000$246,000
CATCaterpillarNEW+1.6K1.6K+$232,000$232,000
CNMDConmedNEW+2.6K2.6K+$207,000$207,000
ProMis NeurosciencesNEW+60.0K60.0K+$6,000$6,000
Cyclo TherapeuticsNEW+30.0K30.0K+$4,000$4,000
Emerald BioscienceNEW+13.0K13.0K+$1,000$1,000
AAPLAppleADDED+274.8K370.3K+$8M$43M

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

Holdings — Q3 2020

146 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MAMastercardhistory →COMM6.47%$49M143.5K
2AAPLApplehistory →COMM5.72%$43M370.3K
3MSFTMicrosofthistory →COMM3.92%$29M139.7K
4ADPAutomatic Data Processinghistory →COMM3.79%$28M203.8K
5NKENIKE 'B'history →COMM3.68%$28M220.2K
6SYKStrykerhistory →COMM3.41%$26M122.7K
7ECLEcolabhistory →COMM3.20%$24M120.2K
8TJXTJX Companieshistory →COMM3.15%$24M424.5K
9ABTAbbott Labshistory →COMM3.02%$23M208.0K
10MKCMcCormickhistory →COMM2.94%$22M113.6K
11CHDChurch & Dwighthistory →COMM2.52%$19M202.1K
12DHRDanaherhistory →COMM2.46%$18M85.7K
13FISVFiservhistory →COMM2.44%$18M177.8K
14MCDMcDonald'shistory →COMM2.29%$17M78.2K
15JNJJohnson & Johnsonhistory →COMM2.17%$16M109.6K
16NEENextEra Energyhistory →COMM1.95%$15M52.6K
17INTUIntuithistory →COMM1.93%$14M44.3K
18PGProcter & Gamblehistory →COMM1.69%$13M91.1K
19FDSFactSet Research Systemshistory →COMM1.58%$12M35.5K
20BRBroadridge Financial Solutionshistory →COMM1.58%$12M89.9K
21AMTAmerican Towerhistory →COMM1.47%$11M45.6K
22IDXXIDEXX Labshistory →COMM1.33%$10M25.4K
23KOCoca-Colahistory →COMM1.32%$10M199.8K
24AMZNAmazon.comhistory →COMM1.31%$10M3.1K
25PEPPepsiCohistory →COMM1.30%$10M70.3K
26BF/BBrown-Forman 'B'history →COMM1.24%$9M123.1K
27ABBVAbbViehistory →COMM1.21%$9M103.6K
28GOOGLAlphabet Class Ahistory →COMM1.20%$9M6.1K
29ACNAccenture 'A'history →COMM1.10%$8M36.4K
30BDXBecton, Dickinsonhistory →COMM1.04%$8M33.7K
31CLColgate-Palmolivehistory →COMM1.03%$8M99.8K
32HDHome DepotCOMM0.98%$7M26.5K
33DISDisney, WaltCOMM0.93%$7M56.5K
34PFFiShares S&P US Pfd ETFDEBT0.84%$6M172.6K
35QCOMQUALCOMMCOMM0.83%$6M53.0K
36LLYLilly, EliCOMM0.79%$6M40.1K
37WSOWatscoCOMM0.74%$6M23.7K
38APDAir Products & ChemicalsCOMM0.69%$5M17.4K
39ELEstee LauderCOMM0.69%$5M23.8K
40EWEdwards LifesciencesCOMM0.61%$5M57.4K
41WMTWalmartCOMM0.60%$4M32.1K
42COSTCostco WholesaleCOMM0.60%$4M12.6K
43SHWSherwin-WilliamsCOMM0.58%$4M6.2K
44ITWIllinois Tool WorksCOMM0.58%$4M22.4K
45SYYSyscoCOMM0.58%$4M69.4K
46MRKMerckCOMM0.57%$4M51.9K
47LOWLowe'sCOMM0.57%$4M25.8K
48VZVerizon CommunicationsCOMM0.55%$4M69.7K
49EXMOCExxonMobilCOMM0.52%$4M114.1K
50DGDollar GeneralCOMM0.51%$4M18.2K
51RTXRaytheon TechnologiesCOMM0.51%$4M66.0K
52HONHoneywell Int'lCOMM0.49%$4M22.5K
53PAYXPaychexCOMM0.49%$4M45.8K
54VVisaCOMM0.44%$3M16.6K
55UNPUnion PacificCOMM0.44%$3M16.7K
56BRK/BBerkshire Hathaway 'B'COMM0.43%$3M15.1K
57SBUXStarbucksCOMM0.42%$3M36.4K
58ZTSZoetisCOMM0.42%$3M18.8K
59NVONovo Nordisk ADRCOMM0.39%$3M42.4K
60AMGNAmgenCOMM0.39%$3M11.5K
61INTCIntelCOMM0.35%$3M51.4K
62BCPCBalchemCOMM0.35%$3M26.6K
63EMREmerson ElectricCOMM0.33%$2M37.6K
64CSCOCisco SystemsCOMM0.32%$2M60.9K
65MPCMarathon PetroleumCOMM0.30%$2M77.9K
66GWWGrainger, W.W.COMM0.30%$2M6.3K
67FASTFastenalCOMM0.30%$2M49.6K
68DEDeere & CompanyCOMM0.28%$2M9.6K
69ADBEAdobe SystemsCOMM0.28%$2M4.3K
70PFEPfizerCOMM0.27%$2M56.1K
71TAT&TCOMM0.27%$2M71.1K
72ISRGIntuitive SurgicalCOMM0.25%$2M2.6K
73JKHYJack Henry & AssociatesCOMM0.24%$2M11.1K
74EXPDExpeditors Int'lCOMM0.24%$2M19.9K
75PPGPPG IndustriesCOMM0.20%$2M12.5K
76EPAMEPAM SystemsCOMM0.19%$1M4.5K
77RHHBYRoche Holding Ltd ADRCOMM0.19%$1M33.2K
78TiffanyCOMM0.18%$1M11.9K
79MMM3M CompanyCOMM0.18%$1M8.6K
80WBAWalgreens Boots AllianceCOMM0.18%$1M37.0K
81BMYBristol-Myers SquibbCOMM0.15%$1M19.3K
82WELLWelltowerCOMM0.15%$1M20.1K
83CDKCDK GlobalCOMM0.15%$1M25.2K
84ORLYO'Reilly AutomotiveCOMM0.14%$1M2.3K
85PMPhilip Morris Int'lCOMM0.14%$1M13.8K
86GILDGilead SciencesCOMM0.14%$1M16.1K
87FLOFlowers FoodsCOMM0.13%$980,00040.3K
88IBMIBMCOMM0.13%$950,0007.8K
89CSXCSXCOMM0.13%$944,00012.2K
90Fortune Brands Home & SecurityCOMM0.12%$895,00010.3K
91KELKelloggCOMM0.11%$840,00013.0K
92PYPLPayPal HoldingsCOMM0.11%$829,0004.2K
93ULTAUlta BeautyCOMM0.11%$813,0003.6K
94HSYHershey CompanyCOMM0.10%$752,0005.2K
95ROSTRoss StoresCOMM0.09%$705,0007.6K
96OTISOtis WorldwideCOMM0.09%$685,00011.0K
97CARRCarrier GlobalCOMM0.09%$651,00021.3K
98TMOThermo Fisher ScientificCOMM0.08%$587,0001.3K
99CVSCVS HealthCOMM0.08%$587,00010.1K
100EQREquity Residential PropertiesCOMM0.07%$551,00010.7K

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 ↗.