# CULBERTSON A N & CO INC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1224890. Source: https://holderbook.com/funds/1224890-culbertson-a-n-co-inc/

- Reported value: $858.7M
- Positions: 140
- Weight of the ten largest: 41.8%
- Filed: 2026-07-29

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 |
|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $64.2M | 128,286 | 7.5% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $51.5M | 178,001 | 6.0% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $42.0M | 165,525 | 4.9% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $40.3M | 37,820 | 4.7% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $35.6M | 108,791 | 4.1% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $31.9M | 85,564 | 3.7% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $26.1M | 25,851 | 3.0% | 31 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $24.1M | 33,794 | 2.8% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $23.0M | 64,958 | 2.7% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $20.2M | 80,166 | 2.3% | 31 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $18.3M | 165,548 | 2.1% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $15.6M | 24,668 | 1.8% | 31 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $15.1M | 19,954 | 1.8% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $14.9M | 58,307 | 1.7% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $13.6M | 92,830 | 1.6% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $13.6M | 36,726 | 1.6% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $13.0M | 36,433 | 1.5% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $12.7M | 93,216 | 1.5% | 31 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $12.0M | 39,471 | 1.4% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $11.6M | 70,189 | 1.4% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $11.5M | 38,312 | 1.3% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $10.6M | 90,244 | 1.2% | 31 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $10.0M | 84,082 | 1.2% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $10.0M | 41,825 | 1.2% | 31 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $9.9M | 5,071 | 1.2% | 10 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $9.8M | 161,453 | 1.1% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $9.7M | 35,877 | 1.1% | 31 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $8.9M | 209,496 | 1.0% | 15 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $8.8M | 65,277 | 1.0% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $8.4M | 57,507 | 1.0% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $8.3M | 24,086 | 1.0% | 31 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $8.3M | 26,361 | 1.0% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $8.2M | 89,925 | 1.0% | 31 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $7.8M | 26,542 | 0.9% | 31 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $7.6M | 94,528 | 0.9% | 31 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $7.6M | 97,226 | 0.9% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $7.0M | 84,621 | 0.8% | 31 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $6.3M | 17,210 | 0.7% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $6.1M | 71,325 | 0.7% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $6.1M | 20,576 | 0.7% | 31 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $6.0M | 24,732 | 0.7% | 31 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $5.8M | 17,555 | 0.7% | 19 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $5.3M | 41,229 | 0.6% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $5.3M | 38,178 | 0.6% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $5.2M | 25,073 | 0.6% | 31 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $5.2M | 23,920 | 0.6% | 31 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $4.9M | 22,042 | 0.6% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $4.9M | 43,072 | 0.6% | 24 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $4.9M | 83,496 | 0.6% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $4.7M | 82,474 | 0.5% | 18 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $4.6M | 27,343 | 0.5% | 31 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $4.6M | 23,078 | 0.5% | 31 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $4.4M | 22,379 | 0.5% | 31 |
| WISDOMTREE TR | [EES](https://holderbook.com/stocks/EES/) | $4.1M | 61,043 | 0.5% | 31 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $4.1M | 26,008 | 0.5% | 31 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $4.1M | 17,144 | 0.5% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $3.6M | 23,441 | 0.4% | 2 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $3.5M | 44,268 | 0.4% | 31 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $3.5M | 33,648 | 0.4% | 31 |
| WISDOMTREE TR | [EZM](https://holderbook.com/stocks/EZM/) | $3.4M | 45,015 | 0.4% | 31 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $3.2M | 21,741 | 0.4% | 31 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $3.2M | 37,010 | 0.4% | 26 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $3.1M | 34,327 | 0.4% | 7 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $3.1M | 72,322 | 0.4% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.9M | 4,253 | 0.3% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.9M | 10,228 | 0.3% | 31 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $2.6M | 45,213 | 0.3% | 31 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $2.6M | 50,570 | 0.3% | 14 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $2.5M | 36,229 | 0.3% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.4M | 3,249 | 0.3% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $2.3M | 6,452 | 0.3% | 18 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $2.2M | 13,576 | 0.3% | 31 |
| VANGUARD INSTL INDEX FD | [VBIL](https://holderbook.com/stocks/VBIL/) | $2.2M | 28,753 | 0.3% | 1 |
| WISDOMTREE TR | [DLN](https://holderbook.com/stocks/DLN/) | $2.1M | 22,133 | 0.2% | 31 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $2.1M | 19,264 | 0.2% | 31 |
| FEDEX FGHT HLDG CO INC | - | $1.9M | 12,864 | 0.2% | 1 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.9M | 6,944 | 0.2% | 16 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $1.8M | 24,179 | 0.2% | 31 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $1.8M | 12,086 | 0.2% | 18 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.8M | 22,829 | 0.2% | 31 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $1.7M | 24,028 | 0.2% | 2 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $1.7M | 9,559 | 0.2% | 21 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.7M | 14,193 | 0.2% | 11 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.7M | 20,336 | 0.2% | 31 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $1.6M | 78,420 | 0.2% | 31 |
| WISDOMTREE TR | [DON](https://holderbook.com/stocks/DON/) | $1.6M | 28,441 | 0.2% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.6M | 3,097 | 0.2% | 27 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $1.5M | 15,642 | 0.2% | 31 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $1.5M | 30,681 | 0.2% | 27 |
| VANGUARD INSTL INDEX FD | [VGUS](https://holderbook.com/stocks/VGUS/) | $1.5M | 19,588 | 0.2% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.5M | 4,161 | 0.2% | 31 |
| SPDR SERIES TRUST | [SPIP](https://holderbook.com/stocks/SPIP/) | $1.5M | 56,780 | 0.2% | 2 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.3M | 3,922 | 0.2% | 23 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.2M | 1,035 | 0.1% | 12 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $1.2M | 12,513 | 0.1% | 2 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $1.2M | 11,826 | 0.1% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.2M | 2,143 | 0.1% | 5 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $1.1M | 5,235 | 0.1% | 2 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $1.1M | 5,151 | 0.1% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $1.1M | 5,236 | 0.1% | 8 |

## 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 | +10.4% | +14.8% | -4.4% | 100% |
| Q1 2026 | -1.0% | -4.6% | +3.6% | 100% |
| Q4 2025 | +2.7% | +2.4% | +0.4% | 100% |
| Q3 2025 | +8.7% | +7.8% | +0.9% | 100% |
| Q2 2025 | +4.9% | +10.5% | -5.5% | 100% |
| Q1 2025 | -0.3% | -4.6% | +4.2% | 100% |
| Q4 2024 | +1.1% | +2.1% | -1.1% | 100% |
| Q3 2024 | +7.3% | +5.4% | +1.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $858.7M | 140 |
| Q1 2026 | $770.9M | 132 |
| Q4 2025 | $728.9M | 128 |
| Q3 2025 | $706.6M | 128 |
| Q2 2025 | $651.3M | 127 |
| Q1 2025 | $626.0M | 124 |
| Q4 2024 | $628.7M | 126 |
| Q3 2024 | $621.1M | 126 |
| Q2 2024 | $572.6M | 121 |
| Q1 2024 | $579.3M | 122 |
| Q4 2023 | $537.7M | 119 |
| Q3 2023 | $498.3M | 115 |