SEC 13F Intelligence

Managers / Q1 2024 · view latest →

WENDELL DAVID ASSOCIATES INC

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

Reported Value
$990M
Q1 2024
Positions
163
Filings on Record
29
2019–present window
Filed
Apr 22, 2024
original filing

Summary

Wendell David Associates Inc reported $990M in U.S.-listed holdings across 163 positions for Q1 2024.

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

Compared with Q4 2023, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+2.3%
vs prior filed quarter
Top-10 Concentration
+41.5%
share of reported value
Largest Position
+6.0%
Mastercard
New / Exited
4 / 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: 97.4%ADR: 1.0%REIT: 1.0%ETP: 0.3%Other: 0.2%
  • Common Stock · 97.4% · $964M
  • ADR · 1.0% · $10M
  • REIT · 1.0% · $10M
  • ETP · 0.3% · $3M
  • Other · 0.2% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CASYCasey's General StoresNEW+3.2K3.2K+$1M$1M
CIGNANEW+2.2K2.2K+$794,000$794,000
PSXPhillips 66NEW+1.3K1.3K+$213,000$213,000
GDGeneral DynamicsNEW+737737+$208,000$208,000
WMTWalmartADDED+59.8K89.7K+$687,000$5M
PGRProgressiveSOLD OUT−3.1K0−$498,000$0
AKXANSYS Inc.SOLD OUT−5500−$200,000$0
CTSHCognizant Technology SolutionsSOLD OUT−2.6K0−$200,000$0

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

Holdings — Q1 2024

162 positions (from 163 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MAMastercardhistory →COMM5.96%$59M122.5K
2MSFTMicrosofthistory →COMM5.87%$58M138.0K
3AAPLApplehistory →COMM5.23%$52M301.8K
4ADPAutomatic Data Processinghistory →COMM4.78%$47M189.2K
5SYKStrykerhistory →COMM4.36%$43M120.6K
6TJXTJX Companieshistory →COMM4.13%$41M402.8K
7LLYLilly, Elihistory →COMM3.42%$34M43.6K
8INTUIntuithistory →COMM2.64%$26M40.1K
9ABTAbbott Labshistory →COMM2.60%$26M226.0K
10FISVFiservhistory →COMM2.54%$25M157.0K
11MCDMcDonald'shistory →COMM2.21%$22M77.6K
12BRBroadridge Financial Solutionshistory →COMM2.19%$22M105.6K
13ABBVAbbViehistory →COMM1.92%$19M104.4K
14DHRDanaherhistory →COMM1.91%$19M75.7K
15CHDChurch & Dwighthistory →COMM1.87%$18M177.3K
16JNJJohnson & Johnsonhistory →COMM1.83%$18M114.2K
17GOOGLAlphabet Class ACOMM1.75%$17M114.9K
18NKENIKE 'B'history →COMM1.75%$17M184.4K
19ECLEcolabhistory →COMM1.70%$17M72.7K
20PEPPepsiCohistory →COMM1.63%$16M92.4K
21MPCMarathon Petroleumhistory →COMM1.58%$16M77.4K
22NEENextEra Energyhistory →COMM1.55%$15M240.1K
23PGProcter & Gamblehistory →COMM1.52%$15M92.5K
24FDSFactSet Research Systemshistory →COMM1.45%$14M31.7K
25WSOWatscohistory →COMM1.44%$14M33.0K
26COSTCostco Wholesalehistory →COMM1.35%$13M18.2K
27MKCMcCormickhistory →COMM1.21%$12M155.8K
28EXMOCExxonMobilhistory →COMM1.19%$12M101.5K
29HDHome Depothistory →COMM1.14%$11M29.4K
30KOCoca-Colahistory →COMM1.12%$11M180.5K
31IDXXIDEXX Labshistory →COMM1.02%$10M18.7K
32NVONovo Nordisk ADRhistory →COMM1.00%$10M77.2K
33ACNAccenture 'A'COMM0.95%$9M27.2K
34SHWSherwin-WilliamsCOMM0.84%$8M23.9K
35AMTAmerican Tower REITCOMM0.82%$8M41.3K
36QCOMQUALCOMMCOMM0.79%$8M46.3K
37AMZNAmazon.comCOMM0.75%$7M41.1K
38CLColgate-PalmoliveCOMM0.74%$7M81.6K
39MRKMerckCOMM0.69%$7M51.5K
40BF/BBrown-Forman 'B'COMM0.65%$6M124.2K
41BRK/BBerkshire Hathaway 'B'COMM0.62%$6M14.6K
42LOWLowe'sCOMM0.59%$6M23.1K
43VVisaCOMM0.56%$6M19.9K
44SYYSyscoCOMM0.55%$5M66.8K
45WMTWalmartCOMM0.55%$5M89.7K
46ORLYO'Reilly AutomotiveCOMM0.52%$5M4.5K
47ITWIllinois Tool WorksCOMM0.50%$5M18.5K
48GWWGrainger, W.W.COMM0.48%$5M4.7K
49RTXRTX CorporationCOMM0.46%$5M47.0K
50PAYXPaychexCOMM0.43%$4M34.4K
51EMREmerson ElectricCOMM0.42%$4M36.3K
52FTVFortiveCOMM0.40%$4M45.5K
53APDAir Products & ChemicalsCOMM0.39%$4M15.8K
54BDXBecton, DickinsonCOMM0.38%$4M15.1K
55ZTSZoetisCOMM0.37%$4M21.7K
56ULTAUlta BeautyCOMM0.37%$4M6.9K
57UNPUnion PacificCOMM0.36%$4M14.3K
58BCPCBalchemCOMM0.34%$3M21.5K
59AMGNAmgenCOMM0.33%$3M11.4K
60PFFiShares S&P US Pfd ETFDEBT0.32%$3M99.1K
61EWEdwards LifesciencesCOMM0.32%$3M32.9K
62HONHoneywell Int'lCOMM0.31%$3M14.8K
63FASTFastenalCOMM0.31%$3M39.2K
64DEDeere & CompanyCOMM0.30%$3M7.3K
65ADIAnalog DevicesCOMM0.30%$3M14.9K
66ISRGIntuitive SurgicalCOMM0.29%$3M7.3K
67CSCOCisco SystemsCOMM0.27%$3M54.0K
68LMTLockheed MartinCOMM0.27%$3M5.9K
69SBUXStarbucksCOMM0.26%$3M28.7K
70VZVerizon CommunicationsCOMM0.25%$3M59.7K
71TMOThermo Fisher ScientificCOMM0.24%$2M4.1K
72HSYHershey CompanyCOMM0.20%$2M10.1K
73EXPDExpeditors Int'lCOMM0.19%$2M15.6K
74PPGPPG IndustriesCOMM0.18%$2M12.5K
75IBMIBMCOMM0.17%$2M8.6K
76PFEPfizerCOMM0.16%$2M57.9K
77JKHYJack Henry & AssociatesCOMM0.15%$1M8.5K
78INTCIntelCOMM0.14%$1M31.1K
79VLTOVeraltoCOMM0.13%$1M14.5K
80NVDANVIDIACOMM0.12%$1M1.4K
81CVXChevronCOMM0.12%$1M7.8K
82ELEstee LauderCOMM0.12%$1M7.9K
83POOLPoolCOMM0.12%$1M2.9K
84DISDisney, WaltCOMM0.11%$1M8.8K
85BMYBristol-Myers SquibbCOMM0.11%$1M19.7K
86GILDGilead SciencesCOMM0.11%$1M14.5K
87CARRCarrier GlobalCOMM0.11%$1M18.0K
88PMPhilip Morris Int'lCOMM0.10%$1M11.3K
89NSCNorfolk SouthernCOMM0.10%$1M4.0K
90CASYCasey's General StoresCOMM0.10%$1M3.2K
91MMM3M CompanyCOMM0.10%$973,0009.2K
92Marathon OilCOMM0.10%$952,00033.6K
93NOCNorthrop GrummanCOMM0.10%$944,0002.0K
94ROSTRoss StoresCOMM0.10%$944,0006.4K
95JPMJPMorgan ChaseCOMM0.09%$916,0004.6K
96Fortune Brands Home & SecurityCOMM0.09%$876,00010.3K
97FLOFlowers FoodsCOMM0.09%$857,00036.1K
98HPQHPCOMM0.08%$837,00027.7K
99KELKellanovaCOMM0.08%$808,00014.1K
100CIGNACOMM0.08%$794,0002.2K

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 ↗.