Maple Capital Management, Inc.

Fundamental diversified ★Signal CIK 1313893
League rank
#417
in Fundamental diversified · #2400 overall
Long book
$1.49B
Q1 2026
Positions
119
Top-10 weight
54%
concentration
Last quarter
+13.4%
SPY +14.8%
Turnover
9%
of book per quarter

Strategy in plain words

auto-generated from filings

Maple Capital Management, Inc. is a diversified fundamental manager, running a $1.49B US long book across 119 positions.

The portfolio is concentrated: the top 10 names carry 54% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, ALPHABET INC-CL C, NVIDIA CORP, MICROSOFT CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 3 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
+7.5%
Q2 2024
+5.1%
Q3 2024
+2.5%
Q4 2024
-5.1%
Q1 2025
+9.9%
Q2 2025
+6.3%
Q3 2025
+3.5%
Q4 2025
-5.0%
Q1 2026
+13.4%

Sector allocation

Technology
46%
Consumer discretionary
16%
Healthcare
10%
Financials
9%
Services media
8%
Industrials
5%
Energy
3%
Other
2%

Long book by quarter

$1.10B
Q1 2024
$1.23B
Q2 2024
$1.31B
Q3 2024
$1.36B
Q4 2024
$1.29B
Q1 2025
$1.46B
Q2 2025
$1.52B
Q3 2025
$1.59B
Q4 2025
$1.49B
Q1 2026

What does Maple Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology516.4K$131.1M8.8%-1.6%
GOOG ALPHABET INC-CL CTechnology421.7K$121.0M8.1%-5.0%
NVDA NVIDIA CORPTechnology657.5K$114.7M7.7%-1.1%
MSFT MICROSOFT CORPTechnology260.5K$96.4M6.5%-0.6%
AMZN AMAZON.COM INCConsumer discretionary411.0K$85.6M5.7%+0.5%
COST COSTCO WHOLESALE CORPConsumer discretionary63.6K$63.4M4.2%-1.4%
META META PLATFORMS INC-CLASS ATechnology99.5K$56.9M3.8%-1.1%
JPM JPMORGAN CHASE & COFinancials159.7K$47.0M3.1%-14.0%
TXN TEXAS INSTRUMENTS INCTechnology236.9K$46.0M3.1%-0.7%
LLY ELI LILLY & COHealthcare47.5K$43.6M2.9%-1.6%
JNJ JOHNSON & JOHNSONHealthcare172.0K$42.0M2.8%-1.6%
MA MASTERCARD INC - AServices media81.9K$40.9M2.7%-0.7%
CVX CHEVRON CORPEnergy178.7K$37.0M2.5%0.0%
TJX TJX COMPANIES INCConsumer discretionary224.2K$35.8M2.4%-1.6%
HON HONEYWELL INTERNATIONAL INCIndustrials156.2K$35.3M2.4%-0.9%
AMAT APPLIED MATERIALS INCTechnology98.9K$33.8M2.3%+0.3%
MS MORGAN STANLEYFinancials181.4K$29.8M2.0%-18.2%
AVGO BROADCOM INCTechnology86.7K$26.8M1.8%+9.5%
HD HOME DEPOT INCConsumer discretionary77.3K$25.4M1.7%-12.2%
GE GENERAL ELECTRICIndustrials86.9K$24.7M1.7%+1.2%
AXP AMERICAN EXPRESS COFinancials73.2K$22.1M1.5%-27.3%
ACN ACCENTURE PLC-CL AServices media111.5K$22.1M1.5%-2.1%
APD AIR PRODUCTS & CHEMICALS INCMaterials75.3K$21.9M1.5%+0.2%
CME CME GROUP INCFinancials62.9K$18.6M1.2%-2.6%
SPGI S&P GLOBAL INCServices media42.6K$18.1M1.2%-1.5%
ABT ABBOTT LABORATORIESHealthcare168.7K$17.3M1.2%-1.7%
ISRG INTUITIVE SURGICAL INCHealthcare36.6K$16.9M1.1%-2.2%
CL COLGATE-PALMOLIVE COOther180.4K$15.4M1.0%+1.3%
ECL ECOLAB INCOther46.4K$12.3M0.8%-2.3%
CMG CHIPOTLE MEXICAN GRILL INCConsumer discretionary369.2K$11.8M0.8%0.0%
NFLX NETFLIX INCServices media120.0K$11.5M0.8%+1.0%
ZTS ZOETIS INCHealthcare86.9K$10.3M0.7%-1.9%
UBER UBER TECHNOLOGIES INCServices media121.3K$8.7M0.6%+0.7%
MSCI MSCI INCServices media13.3K$7.2M0.5%+11.8%
XOM EXXON MOBIL CORPEnergy15.8K$2.7M0.2%+11.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials5.4K$2.6M0.2%-1.6%
GOOGL ALPHABET INC-CL ATechnology8.8K$2.5M0.2%-10.0%
GLW CORNING INCIndustrials11.7K$1.6M0.1%-18.2%
PG PROCTER & GAMBLE CO/THEOther8.4K$1.2M0.1%-8.6%
TSLA TESLA INCIndustrials3.2K$1.2M0.1%+1.8%
IBM INTL BUSINESS MACHINES CORPTechnology4.2K$1.0M0.1%+32.6%
MRK MERCK & CO. INC.Healthcare8.4K$1.0M0.1%-8.9%
MCD MCDONALD'S CORPConsumer discretionary3.0K$927K0.1%-4.1%
CAT CATERPILLAR INCIndustrials1.2K$855K0.1%+47.8%
ABBV ABBVIE INCHealthcare3.8K$827K0.1%-2.3%
UNP UNION PACIFIC CORPIndustrials3.4K$822K0.1%-3.3%
PNC PNC FINANCIAL SERVICES GROUPFinancials3.8K$794K0.1%-1.4%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials1$718K0.0%Held
CSCO CISCO SYSTEMS INCTechnology8.6K$663K0.0%-6.2%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary2.1K$658K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 2026119$1.49B canonicalSEC ↗
Q4 202513F-HRFeb 3, 2026116$1.59B canonicalSEC ↗
Q3 202513F-HRNov 21, 2025114$1.52B canonicalSEC ↗
Q2 202513F-HRAug 8, 2025116$1.46B canonicalSEC ↗
Q1 202513F-HRJun 16, 2025120$1.29B canonicalSEC ↗
Q4 202413F-HRFeb 5, 2025115$1.38B canonicalSEC ↗
Q3 202413F-HROct 21, 2024111$1.31B canonicalSEC ↗
Q2 202413F-HRJul 30, 2024113$1.23B canonicalSEC ↗
Q1 202413F-HRMay 9, 2024106$1.10B canonicalSEC ↗