Lipe & Dalton

13F filer · CIK 0001570396

Reported Jul 14, 2026

Net seller this quarter

13F portfolio value$215MU.S. long equity reported on 13F

Positions947 new · 5 closed

Net flow last quarter-$1.77MBuys minus sells

Top 10 positions weight45.1%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 14, 202694 positions
AAPLApple Inc.	$18.7M	8.67%	0.00%	-1.7%	Q4 2013
GOOGAlphabet Inc.	$17.4M	8.08%	Not reported	-2.9%	Q4 2015
GSGoldman Sachs Group Inc	$14M	6.53%	0.00%	-3.2%	Q2 2019
CMCanadian Imperial Bank of Commerce	$8.59M	3.99%	0.01%	-1.4%	Q2 2015
INTCIntel Corp	$7.83M	3.64%	0.00%	-38.6%	Q4 2013
BNBROOKFIELD Corp	$7.02M	3.26%	Not reported	-2.3%	Q4 2022
TELTE Connectivity plc	$6.64M	3.08%	0.01%	-1.5%	Q4 2013
SNASnap-on Inc	$6.09M	2.83%	0.03%	-1.4%	Q3 2024
BABoeing Co	$5.87M	2.73%	0.00%	-1.8%	Q4 2017
RTXRTX Corp	$4.89M	2.27%	0.00%	-1.6%	Q2 2020
AMZNAmazon Com Inc	$4.86M	2.26%	0.00%	-2.9%	Q2 2017
BRK.BBerkshire Hathaway Inc	$4.66M	2.17%	Not reported	+1593.6%	Q4 2014
ABBVAbbVie Inc.	$4.62M	2.15%	0.00%	-1.3%	Q3 2014
HSYHershey Co	$4.6M	2.14%	0.01%	-1.7%	Q2 2018
DEDeere & Co	$4.59M	2.14%	0.00%	-0.3%	Q4 2013
BWABorgwarner Inc	$4.5M	2.09%	0.03%	-2.6%	Q1 2024
EMREmerson Electric Co	$4.49M	2.09%	0.01%	-2.2%	Q2 2015
TMOThermo Fisher Scientific Inc.	$4.28M	1.99%	0.00%	-2.4%	Q2 2025
YUMYum Brands Inc	$4.13M	1.92%	0.01%	-1.4%	Q2 2021
DHRDanaher Corp	$4.07M	1.89%	0.00%	+4.4%	Q1 2015
MSMorgan Stanley	$3.99M	1.86%	0.00%	-6.9%	Q2 2016
MASMasco Corp	$3.98M	1.85%	0.02%	-2.1%	Q1 2025
ETNEaton Corp plc	$3.77M	1.75%	0.00%	-4.2%	Q4 2013
BAXBaxter International Inc	$3.54M	1.65%	0.03%	+6.0%	Q3 2014
TRPTC Energy Corp	$3.32M	1.54%	Not reported	-2.3%	Q2 2019
OKEOneok Inc	$3.18M	1.48%	0.01%	-1.5%	Q2 2020
AMGNAmgen Inc	$2.69M	1.25%	0.00%	-2.2%	Q2 2019
JKHYJack Henry & Associates Inc	$2.58M	1.20%	0.03%	-2.0%	Q3 2020
CVSCVS HEALTH Corp	$2.47M	1.15%	0.00%	-2.0%	Q4 2013
HPQHP Inc	$2.36M	1.10%	0.01%	New	Q2 2026
MLMMartin Marietta Materials Inc	$2.29M	1.06%	0.01%	Not reported	Q1 2018
VVisa Inc.	$2.22M	1.03%	0.00%	-3.7%	Q4 2015
LYBLyondellBasell Industries N.V.	$2.18M	1.01%	0.01%	-2.5%	Q2 2015
LMTLockheed Martin Corp	$2.13M	0.99%	0.00%	-3.9%	Q4 2013
MSFTMicrosoft Corp	$2.11M	0.98%	0.00%	+1.3%	Q4 2013
JNJJohnson & Johnson	$2.06M	0.96%	0.00%	-3.0%	Q4 2013
FFIVF5, Inc.	$1.91M	0.89%	0.01%	-5.6%	Q4 2013
VRTXVertex Pharmaceuticals Inc / Ma	$1.87M	0.87%	0.00%	-5.9%	Q4 2020
BAMBrookfield Asset Management Ltd.	$1.8M	0.84%	Not reported	-10.5%	Q1 2015
METAMeta Platforms, Inc.	$1.44M	0.67%	Not reported	-2.9%	Q2 2019
JJacobs Solutions Inc.	$1.3M	0.60%	0.01%	Not reported	Q4 2022
MRKMerck & Co., Inc.	$1.27M	0.59%	0.00%	-1.5%	Q1 2014
WFCWells Fargo & Company	$1.23M	0.57%	0.00%	Not reported	Q3 2014
CICigna Group	$1.22M	0.57%	0.00%	-5.8%	Q1 2015
ORCLOracle Corp	$1.09M	0.51%	0.00%	Not reported	Q4 2013
CARRCARRIER GLOBAL Corp	$1.02M	0.48%	0.00%	-2.3%	Q2 2020
KLACKla Corp	$905K	0.42%	0.00%	Not reported	Q1 2024
BKNGBooking Holdings Inc.	$829K	0.39%	0.00%	+37.8%	Q1 2020
NVDANvidia Corp	$791K	0.37%	0.00%	Not reported	Q2 2020
VZVerizon Communications Inc	$706K	0.33%	0.00%	Not reported	Q4 2013

Q1 2026Reported Apr 30, 202692 positions
AAPLApple Inc.	$16.6M	8.71%	0.00%	-2.0%	Q4 2013
GOOGAlphabet Inc.	$14.5M	7.61%	Not reported	-3.1%	Q4 2015
GSGoldman Sachs Group Inc	$12.1M	6.35%	0.00%	-4.6%	Q2 2019
CMCanadian Imperial Bank of Commerce	$7.18M	3.76%	0.01%	-6.1%	Q2 2015
TELTE Connectivity plc	$6.98M	3.65%	0.01%	-4.3%	Q4 2013
BNBROOKFIELD Corp	$6.83M	3.57%	Not reported	-0.2%	Q4 2022
SNASnap-on Inc	$5.57M	2.92%	0.03%	-4.6%	Q3 2024
HSYHershey Co	$5.54M	2.90%	0.01%	-14.1%	Q2 2018
BABoeing Co	$5.5M	2.88%	0.00%	-2.3%	Q4 2017
RTXRTX Corp	$5.05M	2.65%	0.00%	-1.9%	Q2 2020
AMZNAmazon Com Inc	$4.38M	2.29%	0.00%	+131.8%	Q2 2017
TMOThermo Fisher Scientific Inc.	$4.3M	2.25%	0.00%	-4.0%	Q2 2025
EMREmerson Electric Co	$4.2M	2.20%	0.01%	-0.3%	Q2 2015
DEDeere & Co	$4.09M	2.14%	0.00%	-1.4%	Q4 2013
YUMYum Brands Inc	$4.08M	2.13%	0.01%	-5.1%	Q2 2021
ABBVAbbVie Inc.	$4.05M	2.12%	0.00%	-3.1%	Q3 2014
INTCIntel Corp	$4.03M	2.11%	0.00%	Not reported	Q4 2013
DHRDanaher Corp	$3.88M	2.03%	0.00%	-5.5%	Q1 2015
BWABorgwarner Inc	$3.77M	1.98%	0.03%	-7.1%	Q1 2024
LYBLyondellBasell Industries N.V.	$3.43M	1.79%	0.01%	+40.6%	Q2 2015
MSMorgan Stanley	$3.38M	1.77%	0.00%	-1.9%	Q2 2016
OKEOneok Inc	$3.35M	1.76%	0.01%	+1.8%	Q2 2020
ETNEaton Corp plc	$3.3M	1.73%	0.00%	-1.5%	Q4 2013
TRPTC Energy Corp	$3.2M	1.68%	Not reported	Not reported	Q2 2019
JKHYJack Henry & Associates Inc	$3.02M	1.58%	0.03%	-6.0%	Q3 2020
MASMasco Corp	$3.02M	1.58%	0.02%	-1.6%	Q1 2025
AMGNAmgen Inc	$2.67M	1.40%	0.00%	-9.5%	Q2 2019
BAXBaxter International Inc	$2.63M	1.38%	0.03%	+29.0%	Q3 2014
LMTLockheed Martin Corp	$2.63M	1.38%	0.00%	Not reported	Q4 2013
MLMMartin Marietta Materials Inc	$2.33M	1.22%	0.01%	Not reported	Q1 2018
MSFTMicrosoft Corp	$2.07M	1.08%	0.00%	-2.4%	Q4 2013
JNJJohnson & Johnson	$2.04M	1.07%	0.00%	-6.7%	Q4 2013
VVisa Inc.	$2.03M	1.06%	0.00%	-1.5%	Q4 2015
BAMBrookfield Asset Management Ltd.	$1.99M	1.04%	Not reported	+0.5%	Q1 2015
VRTXVertex Pharmaceuticals Inc / Ma	$1.78M	0.93%	0.00%	Not reported	Q4 2020
CVSCVS HEALTH Corp	$1.75M	0.92%	0.00%	-8.6%	Q4 2013
METAMeta Platforms, Inc.	$1.5M	0.79%	Not reported	Not reported	Q2 2019
FFIVF5, Inc.	$1.4M	0.73%	0.01%	+37.4%	Q4 2013
JJacobs Solutions Inc.	$1.31M	0.68%	0.01%	-2.1%	Q4 2022
CICigna Group	$1.26M	0.66%	0.00%	0.0%	Q1 2015
MRKMerck & Co., Inc.	$1.21M	0.63%	0.00%	+0.1%	Q1 2014
WFCWells Fargo & Company	$1.18M	0.62%	0.00%	Not reported	Q3 2014
ORCLOracle Corp	$1.09M	0.57%	0.00%	Not reported	Q4 2013
VZVerizon Communications Inc	$837K	0.44%	0.00%	-0.6%	Q4 2013
CARRCARRIER GLOBAL Corp	$805K	0.42%	0.00%	0.0%	Q2 2020
MDTMedtronic plc	$802K	0.42%	0.00%	-14.0%	Q4 2013
KRKroger Co	$724K	0.38%	0.00%	Not reported	Q4 2013
NVDANvidia Corp	$689K	0.36%	0.00%	Not reported	Q2 2020
GEHCGE HealthCare Technologies Inc.	$678K	0.35%	0.00%	0.0%	Q1 2023
VLTOVeralto Corp	$576K	0.30%	0.00%	-5.8%	Q4 2023

Q4 2025Reported Jan 26, 202695 positions
AAPLApple Inc.	$18.2M	8.99%	0.00%	-3.6%	Q4 2013
GOOGAlphabet Inc.	$16.4M	8.11%	Not reported	-4.7%	Q4 2015
GSGoldman Sachs Group Inc	$13.2M	6.53%	0.01%	-3.9%	Q2 2019
TELTE Connectivity plc	$7.94M	3.92%	0.01%	-3.1%	Q4 2013
BNBROOKFIELD Corp	$7.76M	3.83%	Not reported	-2.2%	Q4 2022
CMCanadian Imperial Bank of Commerce	$7.31M	3.61%	0.01%	-1.4%	Q2 2015
BABoeing Co	$6.13M	3.03%	0.00%	-0.1%	Q4 2017
HSYHershey Co	$5.65M	2.79%	0.02%	-2.1%	Q2 2018
SNASnap-on Inc	$5.54M	2.74%	0.03%	-0.9%	Q3 2024
TMOThermo Fisher Scientific Inc.	$5.27M	2.60%	0.00%	-1.7%	Q2 2025
DHRDanaher Corp	$4.95M	2.45%	0.00%	+2.7%	Q1 2015
RTXRTX Corp	$4.9M	2.42%	0.00%	-0.9%	Q2 2020
ABBVAbbVie Inc.	$4.39M	2.17%	0.00%	-3.0%	Q3 2014
EMREmerson Electric Co	$4.27M	2.11%	0.01%	-1.5%	Q2 2015
YUMYum Brands Inc	$4.18M	2.06%	0.01%	-1.3%	Q2 2021
MSMorgan Stanley	$3.71M	1.83%	0.00%	-8.1%	Q2 2016
JKHYJack Henry & Associates Inc	$3.71M	1.83%	0.03%	-1.8%	Q3 2020
DEDeere & Co	$3.43M	1.69%	0.00%	-0.7%	Q4 2013
BWABorgwarner Inc	$3.37M	1.67%	0.04%	-3.1%	Q1 2024
INTCIntel Corp	$3.37M	1.66%	0.00%	Not reported	Q4 2013
MASMasco Corp	$3.23M	1.59%	0.02%	-2.7%	Q1 2025
ETNEaton Corp plc	$2.98M	1.47%	0.00%	-0.3%	Q4 2013
TRPTC Energy Corp	$2.82M	1.39%	Not reported	-2.3%	Q2 2019
MOSMosaic Co	$2.77M	1.37%	0.04%	-3.3%	Q2 2024
MSFTMicrosoft Corp	$2.77M	1.37%	0.00%	-2.5%	Q4 2013
AMGNAmgen Inc	$2.75M	1.36%	0.00%	-2.4%	Q2 2019
OKEOneok Inc	$2.68M	1.32%	0.01%	-1.3%	Q2 2020
MLMMartin Marietta Materials Inc	$2.47M	1.22%	0.01%	-1.3%	Q1 2018
VVisa Inc.	$2.39M	1.18%	0.00%	-5.4%	Q4 2015
BAMBrookfield Asset Management Ltd.	$2.34M	1.15%	Not reported	-3.1%	Q1 2015
BAXBaxter International Inc	$2.32M	1.15%	0.02%	-8.7%	Q3 2014
CVSCVS HEALTH Corp	$2.12M	1.04%	0.00%	-2.3%	Q4 2013
LMTLockheed Martin Corp	$2.1M	1.04%	0.00%	-2.4%	Q4 2013
AMZNAmazon Com Inc	$2.09M	1.03%	0.00%	-2.1%	Q2 2017
JNJJohnson & Johnson	$1.85M	0.91%	0.00%	-0.8%	Q4 2013
VRTXVertex Pharmaceuticals Inc / Ma	$1.81M	0.90%	0.00%	-5.9%	Q4 2020
METAMeta Platforms, Inc.	$1.74M	0.86%	Not reported	-2.5%	Q2 2019
ACNAccenture plc	$1.61M	0.80%	0.00%	-3.9%	Q2 2019
QCOMQualcomm Inc	$1.59M	0.79%	0.00%	-8.5%	Q3 2014
ORCLOracle Corp	$1.45M	0.71%	0.00%	+0.4%	Q4 2013
JJacobs Solutions Inc.	$1.39M	0.69%	0.01%	Not reported	Q4 2022
WFCWells Fargo & Company	$1.38M	0.68%	0.00%	-6.8%	Q3 2014
LYBLyondellBasell Industries N.V.	$1.31M	0.65%	0.01%	-17.1%	Q2 2015
CICigna Group	$1.3M	0.64%	0.00%	-6.1%	Q1 2015
MRKMerck & Co., Inc.	$1.06M	0.52%	0.00%	-3.3%	Q1 2014
MDTMedtronic plc	$1.03M	0.51%	0.00%	-2.2%	Q4 2013
FFIVF5, Inc.	$901K	0.45%	0.01%	+6.5%	Q4 2013
GEHCGE HealthCare Technologies Inc.	$782K	0.39%	0.00%	-2.0%	Q1 2023
CARRCARRIER GLOBAL Corp	$755K	0.37%	0.00%	-6.4%	Q2 2020
NVDANvidia Corp	$737K	0.36%	0.00%	-7.5%	Q2 2020

Q3 2025Reported Jan 26, 202693 positions
AAPLApple Inc.	$17.7M	8.75%	0.00%	-0.9%	Q4 2013
GOOGAlphabet Inc.	$13.4M	6.62%	Not reported	-1.4%	Q4 2015
GSGoldman Sachs Group Inc	$12.5M	6.17%	0.01%	-1.4%	Q2 2019
TELTE Connectivity plc	$7.91M	3.92%	0.01%	+1.7%	Q4 2013
BNBROOKFIELD Corp	$7.9M	3.92%	Not reported	-4.3%	Q4 2022
CMCanadian Imperial Bank of Commerce	$6.54M	3.24%	0.01%	-0.5%	Q2 2015
BABoeing Co	$6.1M	3.02%	0.00%	-0.5%	Q4 2017
HSYHershey Co	$5.93M	2.94%	0.02%	-0.9%	Q2 2018
SNASnap-on Inc	$5.62M	2.79%	0.03%	-0.4%	Q3 2024
ABBVAbbVie Inc.	$4.58M	2.27%	0.00%	-18.8%	Q3 2014
RTXRTX Corp	$4.51M	2.23%	0.00%	-0.3%	Q2 2020
TMOThermo Fisher Scientific Inc.	$4.49M	2.22%	0.00%	-1.6%	Q2 2025
EMREmerson Electric Co	$4.28M	2.12%	0.01%	-17.4%	Q2 2015
YUMYum Brands Inc	$4.25M	2.11%	0.01%	-0.1%	Q2 2021
DHRDanaher Corp	$4.18M	2.07%	0.00%	-0.4%	Q1 2015
MOSMosaic Co	$4.13M	2.05%	0.04%	Not reported	Q2 2024
MASMasco Corp	$3.68M	1.82%	0.03%	-2.4%	Q1 2025
MSMorgan Stanley	$3.62M	1.79%	0.00%	-1.6%	Q2 2016
ETNEaton Corp plc	$3.52M	1.74%	0.00%	-7.5%	Q4 2013
BWABorgwarner Inc	$3.4M	1.68%	0.04%	Not reported	Q1 2024
DEDeere & Co	$3.39M	1.68%	0.00%	-0.6%	Q4 2013
JKHYJack Henry & Associates Inc	$3.09M	1.53%	0.03%	+4.9%	Q3 2020
INTCIntel Corp	$3.06M	1.52%	0.00%	-0.4%	Q4 2013
MSFTMicrosoft Corp	$3.04M	1.51%	0.00%	-1.8%	Q4 2013
BAXBaxter International Inc	$3.03M	1.50%	0.03%	+1023.1%	Q3 2014
TRPTC Energy Corp	$2.85M	1.41%	Not reported	-0.2%	Q2 2019
OKEOneok Inc	$2.7M	1.34%	0.01%	-0.2%	Q2 2020
BAMBrookfield Asset Management Ltd.	$2.62M	1.30%	Not reported	-4.2%	Q1 2015
MLMMartin Marietta Materials Inc	$2.53M	1.25%	0.01%	Not reported	Q1 2018
VVisa Inc.	$2.46M	1.22%	0.00%	-3.0%	Q4 2015
AMGNAmgen Inc	$2.43M	1.20%	0.00%	-0.6%	Q2 2019
LMTLockheed Martin Corp	$2.22M	1.10%	0.00%	-0.5%	Q4 2013
ORCLOracle Corp	$2.08M	1.03%	0.00%	-2.0%	Q4 2013
CVSCVS HEALTH Corp	$2.06M	1.02%	0.00%	-0.4%	Q4 2013
AMZNAmazon Com Inc	$2.03M	1.01%	0.00%	-2.6%	Q2 2017
METAMeta Platforms, Inc.	$1.98M	0.98%	Not reported	-3.6%	Q2 2019
LYBLyondellBasell Industries N.V.	$1.79M	0.89%	0.01%	-1.0%	Q2 2015
QCOMQualcomm Inc	$1.7M	0.84%	0.00%	-2.6%	Q3 2014
JNJJohnson & Johnson	$1.67M	0.83%	0.00%	-2.2%	Q4 2013
VRTXVertex Pharmaceuticals Inc / Ma	$1.66M	0.82%	0.00%	-1.4%	Q4 2020
JJacobs Solutions Inc.	$1.57M	0.78%	0.01%	-0.7%	Q4 2022
ACNAccenture plc	$1.54M	0.76%	0.00%	-5.9%	Q2 2019
CICigna Group	$1.45M	0.72%	0.00%	-3.5%	Q1 2015
WFCWells Fargo & Company	$1.33M	0.66%	0.00%	-0.3%	Q3 2014
ZTSZoetis Inc.	$1.08M	0.54%	0.00%	-9.2%	Q4 2014
FFIVF5, Inc.	$1.07M	0.53%	0.01%	+118.8%	Q4 2013
MDTMedtronic plc	$1.05M	0.52%	0.00%	-2.7%	Q4 2013
CARRCARRIER GLOBAL Corp	$912K	0.45%	0.00%	-2.0%	Q2 2020
FISVFiserv Inc	$904K	0.45%	0.00%	New	Q3 2025
MRKMerck & Co., Inc.	$870K	0.43%	0.00%	-2.8%	Q1 2014

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