SEC 13F Intelligence

Managers / Q1 2022 · view latest →

WENDELL DAVID ASSOCIATES INC

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

Reported Value
$898M
Q1 2022
Positions
153
Filings on Record
29
2019–present window
Filed
Apr 22, 2022
original filing

Summary

Wendell David Associates Inc reported $898M in U.S.-listed holdings across 153 positions for Q1 2022.

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

Compared with Q4 2021, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+1.7%
vs prior filed quarter
Top-10 Concentration
+38.5%
share of reported value
Largest Position
+6.5%
Apple
New / Exited
1 / 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: 96.7%REIT: 1.6%ETP: 1.0%ADR: 0.6%Other: 0.1%
  • Common Stock · 96.7% · $869M
  • REIT · 1.6% · $14M
  • ETP · 1.0% · $9M
  • ADR · 0.6% · $5M
  • Other · 0.1% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ORealty Income REITNEW+3.1K3.1K+$212,000$212,000
POOLPoolADDED+5.5K8.0K+$2M$3M
EPAMEPAM SystemsSOLD OUT−3.1K0−$2M$0
VEEVVeeva Systems Cl ASOLD OUT−8890−$227,000$0
WMWaste ManagementSOLD OUT−1.3K0−$209,000$0
GNRCGenerac HoldingsADDED+7571.7K+$173,000$509,000
WELLWelltowerTRIMMED−3.9K3.9K−$290,000$370,000
DOCHealthpeak PropertiesTRIMMED−7.9K10.4K−$303,000$357,000

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

Holdings — Q1 2022

152 positions (from 153 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApplehistory →COMM6.47%$58M332.6K
2MAMastercardhistory →COMM5.28%$47M132.6K
3ADPAutomatic Data Processinghistory →COMM4.80%$43M189.4K
4MSFTMicrosofthistory →COMM4.70%$42M136.8K
5SYKStrykerhistory →COMM3.79%$34M127.2K
6NKENIKE 'B'history →COMM2.86%$26M190.6K
7TJXTJX Companieshistory →COMM2.82%$25M418.6K
8ABTAbbott Labshistory →COMM2.82%$25M214.1K
9DHRDanaherhistory →COMM2.61%$23M79.8K
10MKCMcCormickhistory →COMM2.33%$21M209.4K
11CHDChurch & Dwighthistory →COMM2.23%$20M201.7K
12JNJJohnson & Johnsonhistory →COMM2.15%$19M109.2K
13MCDMcDonald'shistory →COMM2.11%$19M76.8K
14NEENextEra Energyhistory →COMM2.08%$19M220.7K
15FISVFiservhistory →COMM2.03%$18M179.7K
16ECLEcolabhistory →COMM1.96%$18M99.7K
17GOOGLAlphabet Class ACOMM1.91%$17M6.2K
18INTUIntuithistory →COMM1.87%$17M35.0K
19ABBVAbbViehistory →COMM1.84%$17M102.1K
20BRBroadridge Financial Solutionshistory →COMM1.75%$16M101.1K
21PEPPepsiCohistory →COMM1.65%$15M88.7K
22PGProcter & Gamblehistory →COMM1.59%$14M93.2K
23FDSFactSet Research Systemshistory →COMM1.53%$14M31.6K
24AMTAmerican Towerhistory →COMM1.37%$12M48.9K
25KOCoca-Colahistory →COMM1.30%$12M188.3K
26LLYLilly, Elihistory →COMM1.28%$11M40.1K
27IDXXIDEXX Labshistory →COMM1.26%$11M20.8K
28AMZNAmazon.comhistory →COMM1.19%$11M3.3K
29ACNAccenture 'A'history →COMM1.02%$9M27.2K
30WSOWatscoCOMM0.97%$9M28.7K
31HDHome DepotCOMM0.96%$9M28.7K
32COSTCostco WholesaleCOMM0.94%$8M14.7K
33EWEdwards LifesciencesCOMM0.94%$8M71.5K
34PFFiShares S&P US Pfd ETFDEBT0.92%$8M226.9K
35EXMOCExxonMobilCOMM0.89%$8M97.0K
36QCOMQUALCOMMCOMM0.89%$8M52.2K
37CLColgate-PalmoliveCOMM0.76%$7M89.8K
38MPCMarathon PetroleumCOMM0.74%$7M77.6K
39RTXRaytheon TechnologiesCOMM0.74%$7M66.8K
40BF/BBrown-Forman 'B'COMM0.68%$6M91.1K
41SHWSherwin-WilliamsCOMM0.66%$6M23.9K
42PAYXPaychexCOMM0.66%$6M43.4K
43ELEstee LauderCOMM0.62%$6M20.3K
44SYYSyscoCOMM0.60%$5M65.6K
45DGDollar GeneralCOMM0.60%$5M24.0K
46BRK/BBerkshire Hathaway 'B'COMM0.55%$5M14.0K
47LOWLowe'sCOMM0.55%$5M24.5K
48ITWIllinois Tool WorksCOMM0.53%$5M22.7K
49WMTWalmartCOMM0.51%$5M30.7K
50BDXBecton, DickinsonCOMM0.50%$5M17.0K
51DISDisney, WaltCOMM0.48%$4M31.6K
52APDAir Products & ChemicalsCOMM0.48%$4M17.2K
53HONHoneywell Int'lCOMM0.47%$4M21.8K
54NVONovo Nordisk ADRCOMM0.47%$4M38.1K
55MRKMerckCOMM0.46%$4M50.8K
56VVisaCOMM0.46%$4M18.6K
57UNPUnion PacificCOMM0.45%$4M14.8K
58VZVerizon CommunicationsCOMM0.43%$4M76.4K
59ZTSZoetisCOMM0.41%$4M19.4K
60EMREmerson ElectricCOMM0.40%$4M36.3K
61DEDeere & CompanyCOMM0.38%$3M8.3K
62POOLPoolCOMM0.37%$3M8.0K
63BCPCBalchemCOMM0.37%$3M24.1K
64CSCOCisco SystemsCOMM0.35%$3M56.3K
65AMGNAmgenCOMM0.32%$3M11.9K
66SBUXStarbucksCOMM0.32%$3M31.6K
67PFEPfizerCOMM0.32%$3M55.5K
68GWWGrainger, W.W.COMM0.28%$3M4.9K
69INTCIntelCOMM0.27%$2M49.6K
70FASTFastenalCOMM0.27%$2M40.1K
71ISRGIntuitive SurgicalCOMM0.26%$2M7.8K
72ORLYO'Reilly AutomotiveCOMM0.24%$2M3.1K
73ULTAUlta BeautyCOMM0.23%$2M5.1K
74EXPDExpeditors Int'lCOMM0.21%$2M17.9K
75ADBEAdobeCOMM0.20%$2M3.9K
76TMOThermo Fisher ScientificCOMM0.20%$2M3.0K
77JKHYJack Henry & AssociatesCOMM0.19%$2M8.9K
78PPGPPG IndustriesCOMM0.18%$2M12.5K
79WBAWalgreens Boots AllianceCOMM0.17%$2M34.9K
80PMPhilip Morris Int'lCOMM0.17%$1M15.9K
81BMYBristol-Myers SquibbCOMM0.15%$1M18.3K
82CSXCSXCOMM0.15%$1M34.9K
83MMM3M CompanyCOMM0.14%$1M8.6K
84HSYHershey CompanyCOMM0.13%$1M5.3K
85CVXChevronCOMM0.12%$1M6.5K
86CDKCDK GlobalCOMM0.11%$1M21.2K
87CVSCVS HealthCOMM0.11%$1M10.1K
88HPQHPCOMM0.11%$1M27.8K
89IBMIBMCOMM0.11%$992,0007.6K
90FLOFlowers FoodsCOMM0.11%$990,00038.5K
91RHHBYRoche Holding Ltd ADRCOMM0.10%$941,00019.1K
92BACBank of AmericaCOMM0.10%$920,00022.3K
93GILDGilead SciencesCOMM0.10%$891,00015.0K
94TAT&TCOMM0.10%$862,00036.5K
95Marathon OilCOMM0.09%$843,00033.6K
96CARRCarrier GlobalCOMM0.09%$842,00018.4K
97KELKelloggCOMM0.09%$838,00013.0K
98Fortune Brands Home & SecurityCOMM0.09%$769,00010.3K
99JPMJPMorgan ChaseCOMM0.08%$738,0005.4K
100TRMBTrimbleCOMM0.08%$717,0009.9K

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 ↗.