# ARMSTRONG HENRY H ASSOCIATES INC

> Institutional holdings reported to the SEC as of Q3 2026 on Form 13F. CIK 1056827. Source: https://holderbook.com/funds/1056827-armstrong-henry-h-associates-inc/

- Reported value: $1.1B
- Positions: 61
- Weight of the ten largest: 88.7%
- Filed: 2026-10-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $317.7M | 619,403 | 28.4% | 32 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $200.2M | 268 | 17.9% | 32 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $185.5M | 372,534 | 16.6% | 32 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $85.4M | 322,616 | 7.6% | 32 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $66.4M | 146,162 | 5.9% | 32 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $50.3M | 346,080 | 4.5% | 32 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $31.6M | 92,723 | 2.8% | 32 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $18.9M | 69,594 | 1.7% | 32 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $18.7M | 56,200 | 1.7% | 32 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $17.2M | 9,516 | 1.5% | 10 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $16.1M | 57,810 | 1.4% | 32 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $14.3M | 288,897 | 1.3% | 32 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $10.6M | 122,971 | 0.9% | 32 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $8.3M | 24,255 | 0.7% | 32 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $7.5M | 86,445 | 0.7% | 32 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $7.0M | 12,645 | 0.6% | 32 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $4.5M | 17,027 | 0.4% | 32 |
| RB GLOBAL INC | [RBA](https://holderbook.com/stocks/RBA/) | $4.3M | 53,226 | 0.4% | 11 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $3.8M | 12,043 | 0.3% | 21 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.6M | 4,742 | 0.3% | 32 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $3.5M | 15,372 | 0.3% | 16 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $3.4M | 13,275 | 0.3% | 32 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $3.1M | 10,736 | 0.3% | 28 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.9M | 11,732 | 0.3% | 28 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $2.5M | 2,600 | 0.2% | 10 |
| JACOBS SOLUTIONS INC | [J](https://holderbook.com/stocks/J/) | $2.3M | 17,081 | 0.2% | 11 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.2M | 6,257 | 0.2% | 11 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.9M | 15,339 | 0.2% | 32 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.9M | 1,800 | 0.2% | 6 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $1.9M | 11,500 | 0.2% | 32 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.7M | 4,457 | 0.1% | 32 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.7M | 16,750 | 0.1% | 32 |
| DONALDSON INC | [DCI](https://holderbook.com/stocks/DCI/) | $1.6M | 18,795 | 0.1% | 5 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $1.5M | 3,375 | 0.1% | 32 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $1.1M | 6,657 | 0.1% | 1 |
| CAREDX INC | [CDNA](https://holderbook.com/stocks/CDNA/) | $1.0M | 16,036 | 0.1% | 26 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $1.0M | 4,883 | 0.1% | 24 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $976.7K | 7,382 | 0.1% | 32 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $975.0K | 1,071 | 0.1% | 32 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $944.0K | 8,999 | 0.1% | 32 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $705.2K | 8,992 | 0.1% | 7 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $661.2K | 4,300 | 0.1% | 9 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $628.8K | 6,051 | 0.1% | 30 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $600.9K | 3,874 | 0.1% | 32 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $550.6K | 900 | 0.0% | 2 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $496.4K | 1,745 | 0.0% | 7 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $492.2K | 2,238 | 0.0% | 32 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $436.2K | 15,294 | 0.0% | 32 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $399.9K | 4,091 | 0.0% | 28 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $387.9K | 1,200 | 0.0% | 25 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $319.4K | 417 | 0.0% | 32 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $315.4K | 6,798 | 0.0% | 32 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $301.8K | 1,478 | 0.0% | 16 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $296.7K | 1,598 | 0.0% | 12 |
| SOLVENTUM CORP | [SOLV](https://holderbook.com/stocks/SOLV/) | $279.9K | 3,175 | 0.0% | 9 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $267.8K | 1,843 | 0.0% | 4 |
| BAUSCH HEALTH COS INC | [BHC](https://holderbook.com/stocks/BHC/) | $256.1K | 43,935 | 0.0% | 32 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $252.6K | 6,664 | 0.0% | 17 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $230.1K | 328 | 0.0% | 5 |
| GE HEALTHCARE TECHNOLOGIES I | [GEHC](https://holderbook.com/stocks/GEHC/) | $228.1K | 3,489 | 0.0% | 15 |
| NEXTDOOR HOLDINGS INC | [NXDR](https://holderbook.com/stocks/NXDR/) | $24.8K | 10,209 | 0.0% | 16 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +5.0% | +14.8% | -9.8% | 100% |
| Q1 2026 | -8.5% | -4.6% | -3.9% | 100% |
| Q4 2025 | -0.7% | +2.4% | -3.0% | 100% |
| Q3 2025 | +4.6% | +7.8% | -3.2% | 100% |
| Q2 2025 | +4.3% | +10.5% | -6.2% | 100% |
| Q1 2025 | +3.8% | -4.6% | +8.4% | 100% |
| Q4 2024 | -2.1% | +2.1% | -4.2% | 100% |
| Q3 2024 | +4.0% | +5.4% | -1.5% | 101% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2026 | $1.1B | 61 |
| Q2 2026 | $1.0B | 64 |
| Q1 2026 | $981.4M | 61 |
| Q4 2025 | $1.1B | 62 |
| Q3 2025 | $1.1B | 62 |
| Q2 2025 | $1.1B | 58 |
| Q1 2025 | $1.0B | 58 |
| Q4 2024 | $1.0B | 58 |
| Q3 2024 | $1.0B | 63 |
| Q2 2024 | $2.0B | 61 |
| Q1 2024 | $1.0B | 56 |
| Q4 2023 | $941.2M | 58 |