# Drexel Morgan & Co.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1508512. Source: https://holderbook.com/funds/1508512-drexel-morgan-co/

- Reported value: $718.8M
- Positions: 60
- Weight of the ten largest: 73.8%
- Filed: 2026-08-13

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 |
|---|---|---|---|---|---|
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $125.8M | 6,075,040 | 17.5% | 31 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $98.2M | 913,465 | 13.7% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $54.9M | 216,207 | 7.6% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $53.5M | 163,589 | 7.4% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $39.3M | 139,735 | 5.5% | 31 |
| CLEVELAND-CLIFFS INC NEW | [CLF](https://holderbook.com/stocks/CLF/) | $37.6M | 4,000,000 | 5.2% | 16 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $37.1M | 456,411 | 5.2% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $32.4M | 95,918 | 4.5% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $29.7M | 27,886 | 4.1% | 31 |
| THE CAMPBELLS COMPANY | [CPB](https://holderbook.com/stocks/CPB/) | $22.3M | 1,000,000 | 3.1% | 2 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $17.8M | 28,065 | 2.5% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $17.0M | 132,292 | 2.4% | 31 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $16.1M | 345,412 | 2.2% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $12.8M | 44,296 | 1.8% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $11.2M | 30,129 | 1.6% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $11.2M | 116,683 | 1.6% | 31 |
| WASHINGTON TR BANCORP INC | [WASH](https://holderbook.com/stocks/WASH/) | $11.0M | 300,800 | 1.5% | 26 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $9.4M | 68,680 | 1.3% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $7.9M | 10,561 | 1.1% | 31 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $5.3M | 19,373 | 0.7% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $4.8M | 6,500 | 0.7% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $4.4M | 105,000 | 0.6% | 5 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $4.4M | 21,800 | 0.6% | 5 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $4.3M | 29,590 | 0.6% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $4.3M | 29,904 | 0.6% | 31 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $3.7M | 23,122 | 0.5% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $3.7M | 19,290 | 0.5% | 25 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $3.4M | 12,579 | 0.5% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $3.2M | 15,215 | 0.5% | 10 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $3.1M | 34,181 | 0.4% | 31 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $3.0M | 38,544 | 0.4% | 18 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $2.6M | 28,820 | 0.4% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.6M | 2,134 | 0.4% | 31 |
| KYNDRYL HLDGS INC | [KD](https://holderbook.com/stocks/KD/) | $2.3M | 200,000 | 0.3% | 3 |
| THOMSON REUTERS CORP | [TRI](https://holderbook.com/stocks/TRI/) | $2.0M | 24,614 | 0.3% | 1 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $1.7M | 21,546 | 0.2% | 31 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $1.7M | 10,720 | 0.2% | 26 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $1.7M | 27,881 | 0.2% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.2M | 3,300 | 0.2% | 31 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $1.0M | 2,000 | 0.1% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $861.1K | 2,866 | 0.1% | 11 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $672.1K | 2,500 | 0.1% | 8 |
| DUPONT DE NEMOURS INC | - | $644.4K | 4,751 | 0.1% | 1 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $629.2K | 8,578 | 0.1% | 25 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $598.0K | 7,755 | 0.1% | 11 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $580.2K | 3,500 | 0.1% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $557.6K | 6,747 | 0.1% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $543.2K | 1,520 | 0.1% | 9 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $536.1K | 10,000 | 0.1% | 31 |
| QNITY ELECTRONICS INC | [Q](https://holderbook.com/stocks/Q/) | $534.7K | 3,274 | 0.1% | 3 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $478.1K | 1,900 | 0.1% | 12 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $428.7K | 3,650 | 0.1% | 7 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $365.6K | 2,700 | 0.1% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $333.7K | 1,400 | 0.0% | 10 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $307.0K | 4,288 | 0.0% | 25 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $279.3K | 2,000 | 0.0% | 1 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $271.6K | 750 | 0.0% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $250.2K | 500 | 0.0% | 11 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $238.1K | 1,080 | 0.0% | 13 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $223.0K | 3,000 | 0.0% | 2 |

## 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 | +2.1% | +14.8% | -12.7% | 100% |
| Q1 2026 | +0.3% | -4.6% | +5.0% | 100% |
| Q4 2025 | +4.1% | +2.4% | +1.8% | 100% |
| Q3 2025 | +6.1% | +7.8% | -1.8% | 100% |
| Q2 2025 | +2.9% | +10.5% | -7.5% | 100% |
| Q1 2025 | +10.0% | -4.6% | +14.6% | 100% |
| Q4 2024 | -1.0% | +2.1% | -3.1% | 100% |
| Q3 2024 | +7.0% | +5.4% | +1.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $718.8M | 60 |
| Q1 2026 | $681.8M | 60 |
| Q4 2025 | $638.9M | 57 |
| Q3 2025 | $636.7M | 56 |
| Q2 2025 | $563.2M | 56 |
| Q1 2025 | $476.5M | 54 |
| Q4 2024 | $484.8M | 55 |
| Q3 2024 | $538.0M | 55 |
| Q2 2024 | $466.5M | 53 |
| Q1 2024 | $485.7M | 52 |
| Q4 2023 | $432.7M | 51 |
| Q3 2023 | $367.5M | 47 |