# Borer Denton & Associates, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1993607. Source: https://holderbook.com/funds/1993607-borer-denton-associates-inc/

- Reported value: $304.9M
- Positions: 74
- Weight of the ten largest: 54.4%
- Filed: 2026-07-28

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/) | $23.8M | 63,866 | 7.8% | 18 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $23.1M | 46,218 | 7.6% | 18 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $22.0M | 23,523 | 7.2% | 18 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $20.2M | 69,924 | 6.6% | 18 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $16.7M | 65,778 | 5.5% | 18 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $14.7M | 58,459 | 4.8% | 18 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $12.2M | 34,510 | 4.0% | 18 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $11.1M | 33,419 | 3.6% | 18 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $11.1M | 40,880 | 3.6% | 18 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $11.0M | 40,451 | 3.6% | 18 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $10.9M | 191,964 | 3.6% | 18 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $10.5M | 10,419 | 3.5% | 18 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $8.2M | 60,792 | 2.7% | 18 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $8.1M | 55,434 | 2.7% | 18 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $7.8M | 22,714 | 2.6% | 18 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $7.3M | 80,036 | 2.4% | 18 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $5.1M | 35,368 | 1.7% | 10 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $4.5M | 11,257 | 1.5% | 18 |
| CHURCH & DWIGHT CO INC | [CHD](https://holderbook.com/stocks/CHD/) | $4.1M | 42,030 | 1.3% | 18 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $3.8M | 17,051 | 1.3% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $3.8M | 17,051 | 1.2% | 1 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $3.8M | 24,891 | 1.2% | 18 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $3.7M | 13,859 | 1.2% | 18 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $3.4M | 32,841 | 1.1% | 18 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $3.4M | 70,247 | 1.1% | 18 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $3.3M | 30,979 | 1.1% | 18 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $3.1M | 2,602 | 1.0% | 18 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $2.8M | 15,225 | 0.9% | 18 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.7M | 5,317 | 0.9% | 18 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $2.7M | 36,169 | 0.9% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.6M | 20,553 | 0.9% | 18 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $2.6M | 26,517 | 0.9% | 18 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $2.4M | 47,654 | 0.8% | 18 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $2.3M | 20,312 | 0.7% | 18 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $1.9M | 6,358 | 0.6% | 18 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.8M | 7,862 | 0.6% | 18 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.5M | 4,444 | 0.5% | 16 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $1.4M | 6,812 | 0.5% | 18 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.4M | 1,244 | 0.5% | 4 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.3M | 15,716 | 0.4% | 18 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.1M | 4,663 | 0.4% | 4 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.1M | 12,181 | 0.4% | 18 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $976.6K | 2,604 | 0.3% | 2 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $891.9K | 2,637 | 0.3% | 18 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $872.9K | 5,953 | 0.3% | 18 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $826.5K | 1,203 | 0.3% | 8 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $696.5K | 3,332 | 0.2% | 1 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $681.6K | 1,505 | 0.2% | 18 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $674.3K | 1,197 | 0.2% | 14 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $639.4K | 2,900 | 0.2% | 18 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $613.9K | 25,008 | 0.2% | 18 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $608.8K | 6,640 | 0.2% | 16 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $588.9K | 553 | 0.2% | 5 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $500.3K | 982 | 0.2% | 15 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $456.7K | 2,407 | 0.1% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $451.0K | 1,262 | 0.1% | 3 |
| SOLSTICE ADVANCED MATLS INC | [SOLS](https://holderbook.com/stocks/SOLS/) | $409.2K | 4,618 | 0.1% | 3 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $383.5K | 900 | 0.1% | 11 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $377.6K | 2,017 | 0.1% | 2 |
| FIRSTCASH HOLDINGS INC | [FCFS](https://holderbook.com/stocks/FCFS/) | $363.4K | 1,680 | 0.1% | 6 |
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $356.5K | 6,741 | 0.1% | 18 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $340.7K | 1,698 | 0.1% | 1 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $322.5K | 1,515 | 0.1% | 4 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $282.3K | 4,696 | 0.1% | 3 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $274.5K | 1,290 | 0.1% | 1 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $273.5K | 1,750 | 0.1% | 1 |
| MERIDIAN CORP | [MRBK](https://holderbook.com/stocks/MRBK/) | $273.0K | 13,629 | 0.1% | 1 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $234.0K | 540 | 0.1% | 1 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $226.7K | 806 | 0.1% | 1 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $225.0K | 2,000 | 0.1% | 1 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $209.2K | 1,530 | 0.1% | 1 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $204.4K | 547 | 0.1% | 1 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $203.1K | 1,850 | 0.1% | 1 |
| FLOWERS FOODS INC | [FLO](https://holderbook.com/stocks/FLO/) | $80.1K | 10,135 | 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 | +6.4% | +14.8% | -8.5% | 100% |
| Q1 2026 | -5.0% | -4.6% | -0.3% | 100% |
| Q4 2025 | -2.3% | +2.4% | -4.7% | 100% |
| Q3 2025 | +4.8% | +7.8% | -3.0% | 100% |
| Q2 2025 | +2.3% | +10.5% | -8.2% | 100% |
| Q1 2025 | +1.0% | -4.6% | +5.5% | 100% |
| Q4 2024 | -2.7% | +2.1% | -4.9% | 100% |
| Q3 2024 | +6.0% | +5.4% | +0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $304.9M | 74 |
| Q1 2026 | $280.3M | 66 |
| Q4 2025 | $296.7M | 65 |
| Q3 2025 | $302.9M | 61 |
| Q2 2025 | $288.1M | 58 |
| Q1 2025 | $282.7M | 59 |
| Q4 2024 | $287.5M | 60 |
| Q3 2024 | $293.2M | 61 |
| Q2 2024 | $275.4M | 56 |
| Q1 2024 | $282.5M | 61 |
| Q4 2023 | $261.2M | 60 |
| Q3 2023 | $242.0M | 60 |