HAMEL ASSOCIATES, INC.
Long book
$350.5M
Q1 2026
Positions
81
Top-10 weight
43%
concentration
Last quarter
+3.5%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsHAMEL ASSOCIATES, INC. is a diversified fundamental manager, running a $350.5M US long book across 81 positions.
The portfolio is moderately concentrated (top 10 ≈ 43% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SCHWAB INTERNATIONAL DVD ETF, WALMART INC, JOHNSON & JOHNSON, APPLE INC, EXXON MOBIL CORP.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.2%
Q2 2024
+5.8%
Q3 2024
-1.8%
Q4 2024
+1.5%
Q1 2025
+0.5%
Q2 2025
+7.5%
Q3 2025
+5.0%
Q4 2025
+6.8%
Q1 2026
+3.5%
Sector allocation
Technology 18%
Healthcare 16%
Energy 14%
Financials 12%
Consumer discretionary 12%
Industrials 12%
Consumer staples 6%
Utilities 4%
Long book by quarter
What does HAMEL ASSOCIATES, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| WMT WALMART INC | Consumer discretionary | 140.2K | $17.4M | 5.0% | -4.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 65.6K | $16.0M | 4.6% | -1.2% |
| AAPL APPLE INC | Technology | 62.5K | $15.9M | 4.5% | -3.3% |
| XOM EXXON MOBIL CORP | Energy | 86.9K | $14.7M | 4.2% | -14.5% |
| GOOG ALPHABET INC-CL C | Technology | 49.7K | $14.3M | 4.1% | -4.0% |
| COP CONOCOPHILLIPS | Energy | 92.6K | $12.2M | 3.5% | -3.8% |
| CB CHUBB LTD | Financials | 36.3K | $11.8M | 3.4% | -0.8% |
| MRK MERCK & CO. INC. | Healthcare | 92.8K | $11.2M | 3.2% | -0.4% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 85.2K | $10.1M | 2.9% | -5.2% |
| CVX CHEVRON CORP | Energy | 45.9K | $9.5M | 2.7% | -1.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 57.0K | $8.2M | 2.3% | -1.7% |
| MSFT MICROSOFT CORP | Technology | 21.1K | $7.8M | 2.2% | +1.1% |
| ITW ILLINOIS TOOL WORKS | Industrials | 29.3K | $7.6M | 2.2% | -0.5% |
| KO COCA-COLA CO/THE | Consumer staples | 97.5K | $7.4M | 2.1% | -0.7% |
| AMGN AMGEN INC | Healthcare | 20.1K | $7.1M | 2.0% | -0.4% |
| MCD MCDONALD'S CORP | Consumer discretionary | 20.5K | $6.4M | 1.8% | -3.4% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 27.7K | $6.3M | 1.8% | +0.3% |
| ED CONSOLIDATED EDISON INC | Utilities | 51.9K | $5.9M | 1.7% | +1.9% |
| LMT LOCKHEED MARTIN CORP | Industrials | 9.3K | $5.6M | 1.6% | -0.3% |
| UNP UNION PACIFIC CORP | Industrials | 22.2K | $5.4M | 1.5% | +0.2% |
| HSY HERSHEY CO/THE | Consumer staples | 23.5K | $4.9M | 1.4% | -0.1% |
| ABBV ABBVIE INC | Healthcare | 21.1K | $4.6M | 1.3% | +2.8% |
| DUK DUKE ENERGY CORP | Utilities | 32.1K | $4.2M | 1.2% | +20.4% |
| JPM JPMORGAN CHASE & CO | Financials | 14.2K | $4.2M | 1.2% | -5.1% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 19.3K | $4.0M | 1.1% | -1.4% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 78.0K | $3.9M | 1.1% | -0.6% |
| HD HOME DEPOT INC | Consumer discretionary | 10.4K | $3.4M | 1.0% | -0.8% |
| PEP PEPSICO INC | Consumer staples | 16.6K | $2.6M | 0.7% | +2.2% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 9.9K | $2.4M | 0.7% | -0.6% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 11.8K | $2.4M | 0.7% | +20.8% |
| GOOGL ALPHABET INC-CL A | Technology | 6.8K | $2.0M | 0.6% | -7.2% |
| V VISA INC-CLASS A SHARES | Services media | 5.6K | $1.7M | 0.5% | New |
| HII HUNTINGTON INGALLS INDUSTRIE | Industrials | 3.7K | $1.4M | 0.4% | Held |
| CAT CATERPILLAR INC | Industrials | 1.8K | $1.3M | 0.4% | -2.7% |
| GRMN GARMIN LTD | Technology | 5.4K | $1.3M | 0.4% | Held |
| ABT ABBOTT LABORATORIES | Healthcare | 12.3K | $1.3M | 0.4% | Held |
| SCHW SCHWAB (CHARLES) CORP | Financials | 12.9K | $1.2M | 0.3% | +1.7% |
| SBUX STARBUCKS CORP | Consumer discretionary | 12.6K | $1.1M | 0.3% | -7.7% |
| MKC MCCORMICK & CO-NON VTG SHRS | Consumer staples | 20.2K | $1.0M | 0.3% | +66.8% |
| DG DOLLAR GENERAL CORP | Consumer discretionary | 8.5K | $1.0M | 0.3% | Held |
| EMR EMERSON ELECTRIC CO | Industrials | 7.3K | $955K | 0.3% | -9.9% |
| AZN ASTRAZENECA PLC | Healthcare | 4.6K | $909K | 0.3% | New |
| META META PLATFORMS INC-CLASS A | Technology | 1.4K | $799K | 0.2% | +26.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 3.7K | $774K | 0.2% | -0.7% |
| KR KROGER CO | Consumer discretionary | 9.7K | $703K | 0.2% | +45.6% |
| TRV TRAVELERS COS INC/THE | Financials | 2.3K | $675K | 0.2% | +31.2% |
| FDX FEDEX CORP | Industrials | 1.9K | $666K | 0.2% | +6.3% |
| VMI VALMONT INDUSTRIES | Industrials | 1.3K | $527K | 0.2% | Held |
| DE DEERE & CO | Industrials | 775 | $437K | 0.1% | -1.3% |
| ETN EATON CORP PLC | Industrials | 1.2K | $418K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 7, 2026 | 81 | $350.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 79 | $331.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 81 | $325.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 81 | $295.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 71 | $294.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 5, 2025 | 74 | $310.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 5, 2024 | 74 | $327.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 76 | $317.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 23, 2024 | 71 | $311.8M | canonical | SEC ↗ |
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