SEC 13F Intelligence

Managers / Q4 2021 · view latest →

WENDELL DAVID ASSOCIATES INC

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

Reported Value
$988M
Q4 2021
Positions
155
Filings on Record
29
2019–present window
Filed
Jan 24, 2022
original filing

Summary

Wendell David Associates Inc reported $988M in U.S.-listed holdings across 155 positions for Q4 2021.

Its largest position, AAPL, represents 6.1% of the portfolio.

Compared with Q3 2021, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+0.9%
vs prior filed quarter
Top-10 Concentration
+39.1%
share of reported value
Largest Position
+6.1%
Apple
New / Exited
3 / 1
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: 1.7%ETP: 1.0%ADR: 0.6%Other: 0.1%
  • Common Stock · 96.6% · $955M
  • REIT · 1.7% · $17M
  • ETP · 1.0% · $10M
  • ADR · 0.6% · $6M
  • Other · 0.1% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Linde plcNEW+786786+$272,000$272,000
WMWaste ManagementNEW+1.3K1.3K+$209,000$209,000
KMIKinder Morgan DelawareNEW+10.0K10.0K+$159,000$159,000
POOLPoolADDED+2.0K2.4K+$1M$1M
ISRGIntuitive SurgicalADDED+5.2K7.8K+$193,000$3M
PRAAPRA GroupSOLD OUT−6.0K0−$255,000$0
TMOThermo Fisher ScientificADDED+1.2K2.7K+$948,000$2M
DOCHealthpeak PropertiesADDED+7.9K18.3K+$312,000$660,000

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

Holdings — Q4 2021

154 positions (from 155 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApplehistory →COMM6.07%$60M338.1K
2MAMastercardhistory →COMM4.93%$49M135.7K
3ADPAutomatic Data Processinghistory →COMM4.80%$47M192.5K
4MSFTMicrosofthistory →COMM4.71%$47M138.5K
5SYKStrykerhistory →COMM3.46%$34M128.0K
6NKENIKE 'B'history →COMM3.31%$33M196.2K
7TJXTJX Companieshistory →COMM3.27%$32M425.3K
8ABTAbbott Labshistory →COMM3.11%$31M218.4K
9ECLEcolabhistory →COMM2.72%$27M114.6K
10DHRDanaherhistory →COMM2.67%$26M80.3K
11INTUIntuithistory →COMM2.34%$23M35.9K
12MCDMcDonald'shistory →COMM2.12%$21M78.3K
13MKCMcCormickhistory →COMM2.10%$21M215.2K
14CHDChurch & Dwighthistory →COMM2.10%$21M202.5K
15NEENextEra Energyhistory →COMM2.09%$21M220.9K
16JNJJohnson & Johnsonhistory →COMM1.91%$19M110.1K
17FISVFiservhistory →COMM1.90%$19M180.9K
18BRBroadridge Financial Solutionshistory →COMM1.84%$18M99.6K
19GOOGLAlphabet Class ACOMM1.80%$18M6.2K
20FDSFactSet Research Systemshistory →COMM1.60%$16M32.6K
21PEPPepsiCohistory →COMM1.55%$15M88.1K
22PGProcter & Gamblehistory →COMM1.55%$15M93.6K
23IDXXIDEXX Labshistory →COMM1.45%$14M21.8K
24AMTAmerican Towerhistory →COMM1.44%$14M48.7K
25ABBVAbbViehistory →COMM1.44%$14M105.2K
26HDHome Depothistory →COMM1.23%$12M29.3K
27ACNAccenture 'A'history →COMM1.18%$12M28.2K
28KOCoca-Colahistory →COMM1.16%$11M193.3K
29LLYLilly, Elihistory →COMM1.12%$11M40.2K
30AMZNAmazon.comhistory →COMM1.11%$11M3.3K
31QCOMQUALCOMMCOMM0.97%$10M52.3K
32EWEdwards LifesciencesCOMM0.95%$9M72.8K
33PFFiShares S&P US Pfd ETFDEBT0.91%$9M228.3K
34WSOWatscoCOMM0.86%$8M27.1K
35SHWSherwin-WilliamsCOMM0.85%$8M23.9K
36COSTCostco WholesaleCOMM0.84%$8M14.6K
37CLColgate-PalmoliveCOMM0.81%$8M94.0K
38BF/BBrown-Forman 'B'COMM0.81%$8M109.6K
39ELEstee LauderCOMM0.77%$8M20.5K
40LOWLowe'sCOMM0.66%$7M25.3K
41EXMOCExxonMobilCOMM0.61%$6M98.0K
42PAYXPaychexCOMM0.60%$6M43.7K
43DISDisney, WaltCOMM0.60%$6M38.1K
44RTXRaytheon TechnologiesCOMM0.57%$6M65.1K
45ITWIllinois Tool WorksCOMM0.56%$6M22.5K
46DGDollar GeneralCOMM0.56%$6M23.5K
47APDAir Products & ChemicalsCOMM0.53%$5M17.2K
48SYYSyscoCOMM0.53%$5M66.2K
49MPCMarathon PetroleumCOMM0.50%$5M77.5K
50WMTWalmartCOMM0.48%$5M33.0K
51ZTSZoetisCOMM0.48%$5M19.4K
52NVONovo Nordisk ADRCOMM0.47%$5M41.9K
53HONHoneywell Int'lCOMM0.46%$5M21.6K
54BDXBecton, DickinsonCOMM0.45%$4M17.6K
55BCPCBalchemCOMM0.45%$4M26.1K
56BRK/BBerkshire Hathaway 'B'COMM0.42%$4M14.0K
57VVisaCOMM0.40%$4M18.4K
58VZVerizon CommunicationsCOMM0.40%$4M76.3K
59SBUXStarbucksCOMM0.40%$4M33.4K
60MRKMerckCOMM0.39%$4M50.8K
61UNPUnion PacificCOMM0.37%$4M14.7K
62CSCOCisco SystemsCOMM0.36%$4M56.3K
63EMREmerson ElectricCOMM0.35%$3M37.3K
64PFEPfizerCOMM0.33%$3M55.5K
65DEDeere & CompanyCOMM0.31%$3M9.0K
66GWWGrainger, W.W.COMM0.31%$3M5.9K
67FASTFastenalCOMM0.29%$3M45.2K
68ADBEAdobeCOMM0.29%$3M5.0K
69ISRGIntuitive SurgicalCOMM0.28%$3M7.8K
70AMGNAmgenCOMM0.27%$3M11.9K
71INTCIntelCOMM0.26%$3M49.8K
72EXPDExpeditors Int'lCOMM0.26%$3M18.9K
73PPGPPG IndustriesCOMM0.22%$2M12.5K
74EPAMEPAM SystemsCOMM0.21%$2M3.1K
75ULTAUlta BeautyCOMM0.21%$2M5.0K
76ORLYO'Reilly AutomotiveCOMM0.20%$2M2.9K
77WBAWalgreens Boots AllianceCOMM0.19%$2M36.4K
78TMOThermo Fisher ScientificCOMM0.18%$2M2.7K
79MMM3M CompanyCOMM0.16%$2M9.0K
80JKHYJack Henry & AssociatesCOMM0.16%$2M9.5K
81PMPhilip Morris Int'lCOMM0.15%$2M16.1K
82POOLPoolCOMM0.14%$1M2.4K
83CSXCSXCOMM0.14%$1M36.5K
84BMYBristol-Myers SquibbCOMM0.12%$1M18.3K
85Fortune Brands Home & SecurityCOMM0.11%$1M10.3K
86GILDGilead SciencesCOMM0.11%$1M15.0K
87CARRCarrier GlobalCOMM0.11%$1M19.9K
88FLOFlowers FoodsCOMM0.11%$1M38.5K
89HPQHPCOMM0.11%$1M27.8K
90CVSCVS HealthCOMM0.11%$1M10.1K
91IBMIBMCOMM0.10%$1M7.7K
92HSYHershey CompanyCOMM0.10%$1M5.3K
93RHHBYRoche Holding Ltd ADRCOMM0.10%$1M19.4K
94BACBank of AmericaCOMM0.10%$993,00022.3K
95CDKCDK GlobalCOMM0.09%$921,00022.1K
96TAT&TCOMM0.09%$906,00036.8K
97PYPLPayPal HoldingsCOMM0.09%$903,0004.8K
98TRMBTrimbleCOMM0.09%$866,0009.9K
99JPMJPMorgan ChaseCOMM0.09%$857,0005.4K
100KELKelloggCOMM0.08%$837,00013.0K

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 ↗.