LETSON INVESTMENT MANAGEMENT, INC.

CIK 2078069 · View on SEC EDGAR ↗

Portfolio value QoQ: +4.7% 13F does not disclose cash

Top 10 holdings weight45.70%

Top 25 holdings weight72.33%

Positions above 1%29

Effective number of positions29.5

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 1.53% Est. buys $4,079,243 · sells $5,380,382

Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 87.4% still held

New positions8

Increased19

Decreased21

Closed5

Portfolio value $272.5M #5,597 of 9,339 by 13F value · top 59.9%

Positions 104

As of June 30, 2026 Data as of Q2 2026

Performance vs S&P 500

Tracked Q1 2025–Q2 2026 +4.9%

S&P 500 total return (same window) +37.0%

Excess return -32.1%

Annualized: +3.9% · S&P 500: +28.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 98.8% · Options excluded: 0.0%

Sector breakdown

Healthcare 29.6%

Financials 23.3%

Industrials 20.0%

Technology 7.5%

Consumer Staples 5.7%

Consumer Discretionary 3.3%

Retail 1.9%

Communication Services 1.7%

Materials 1.2%

Energy 1.1%

Consumer products 0.7%

Utilities 0.3%

Other/Unmapped 3.7%

Full portfolio 104 positions

Search positions by ticker or company name

					Streak
ABBV AbbVie Inc. Common Stock	$27,918,661	10.24%	110,947	$3,710,299	Down ×1
JNJ Johnson & Johnson Common Stock	$20,022,163	7.35%	78,837	$717,057	Down ×2
V Visa Inc.	$18,520,878	6.80%	53,983	$2,194,320	Down ×1
L Loews Corporation Common Stock	$11,649,196	4.27%	102,899	$679,740	Up ×1
AXP American Express Company Common Stock	$10,566,791	3.88%	31,240	$1,056,339	Down ×3
ABT Abbott Laboratories Common Stock	$9,858,031	3.62%	108,640	$-1,302,706	Down ×2
SYK Stryker Corporation Common Stock	$6,694,443	2.46%	21,263	$-325,225	Down ×2
MRK Merck & Company, Inc. Common Stock (new)	$6,659,441	2.44%	51,824	$236,240	Down ×1
PEP PepsiCo, Inc. - Common Stock	$6,514,103	2.39%	48,110	$-941,787	Up ×1
BAC Bank of America Corporation Common Stock	$6,151,977	2.26%	107,967	$859,837	Down ×2
UNP Union Pacific Corporation Common Stock	$6,100,402	2.24%	22,428	$670,473	Up ×1
CARR Carrier Global Corporation Common Stock	$6,062,949	2.22%	82,658	$1,408,920	Up ×1
TT Trane Technologies plc	$5,905,708	2.17%	12,024	$801,060	Down ×4
MCD McDonald's Corporation Common Stock	$5,430,492	1.99%	20,090	$-812,447	Up ×1
ACN Accenture plc Class A Ordinary Shares (Ireland)	$5,383,836	1.98%	43,265	$-3,279,377	Down ×3
CNI Canadian National Railway Company Common Stock	$5,158,923	1.89%	43,265	$707,252	Down ×6
ADP Automatic Data Processing, Inc. - Common Stock	$5,132,081	1.88%	22,916	$477,026	Up ×6
VTI Vanguard Morningstar Total Stock Market ETF	$4,856,775	1.78%	13,125	$646,144
PAYX Paychex, Inc. - Common Stock	$4,819,175	1.77%	49,010	$398,801	Up ×1
AMGN Amgen Inc. - Common Stock	$4,707,922	1.73%	13,001	$133,520
MU Micron Technology, Inc. - Common Stock	$4,617,160	1.69%	4,000	$2,826,608	Down ×1
CB Chubb Limited Common Stock	$4,073,327	1.49%	11,954	$188,936	Up ×6
GNRC Generac Holdlings Inc. Common Stock	$3,708,731	1.36%	12,666	$1,234,681
JPM JP Morgan Chase & Co. Common Stock	$3,375,257	1.24%	10,311	$292,360	Down ×4
FISV Fiserv, Inc. - Common Stock	$3,237,104	1.19%	65,996	$-274,055	Up ×1
EFX Equifax, Inc. Common Stock	$3,184,399	1.17%	20,063	$-428,345
RTX RTX Corporation Common Stock	$2,935,355	1.08%	15,471	$-48,161	Up ×1
PM Philip Morris International Inc Common Stock	$2,895,284	1.06%	16,004	$249,183
ITW Illinois Tool Works Inc. Common Stock	$2,790,291	1.02%	10,316	$114,309	Up ×2
AVGO Broadcom Inc. - Common Stock	$2,485,595	0.91%	6,580	$449,019
KDP Keurig Dr Pepper Inc. - Common Stock	$2,456,871	0.90%	75,065	$83,059	Down ×1
NOC Northrop Grumman Corporation Common Stock	$2,352,791	0.86%	4,620	$-822,028	Down ×1
INTU Intuit Inc. - Common Stock	$2,351,940	0.86%	9,011	$-1,875,019	Down ×1
PKG Packaging Corporation of America Common Stock	$2,250,255	0.83%	9,444	$247,062	Up ×1
COST Costco Wholesale Corporation - Common Stock	$2,242,417	0.82%	2,397	$-150,113	Down ×2
BDX Becton, Dickinson and Company Common Stock	$2,055,364	0.75%	13,582	$-69,285	Up ×2
OTIS Otis Worldwide Corporation Common Stock	$1,936,953	0.71%	27,052	$-147,677	Up ×1
CL Colgate-Palmolive Company Common Stock	$1,771,991	0.65%	19,328	$124,666
HD Home Depot, Inc. (The) Common Stock	$1,749,645	0.64%	4,961	$118,022
DIA State Street SPDR Dow Jones Industrial Average ETF Trust	$1,723,887	0.63%	3,300	$195,360
NSC Norfolk Southern Corporation Common Stock	$1,705,498	0.63%	5,421	$149,998	Up ×6
YUM Yum! Brands, Inc.	$1,672,136	0.61%	10,460	$45,815
CVX Chevron Corporation Common Stock	$1,659,060	0.61%	10,009	$-421,021	Down ×1
AMP Ameriprise Financial, Inc. Common Stock	$1,551,068	0.57%	3,381	$48,552
NVDA NVIDIA Corporation - Common Stock	$1,528,087	0.56%	7,637	$196,194
DIS Walt Disney Company (The) Common Stock	$1,496,976	0.55%	15,553	$-8,769	Down ×1
MKC McCormick & Company, Incorporated Common Stock	$1,383,777	0.51%	27,445	$-549
MA Mastercard Incorporated Common Stock	$1,290,110	0.47%	2,512	$49,225	Up ×1
KO Coca-Cola Company (The) Common Stock	$1,039,687	0.38%	12,793	$66,779
GPC Genuine Parts Company Common Stock	$1,018,639	0.37%	8,634	$105,593
BMY Bristol-Myers Squibb Company Common Stock	$950,327	0.35%	16,493	$-49,973
SRE DBA Sempra Common Stock	$945,642	0.35%	10,200	$-45,492
IONQ IonQ, Inc. Common Stock	$917,084	0.34%	17,219	$420,660
PGR Progressive Corporation (The) Common Stock	$873,800	0.32%	4,000	$80,840
NOW ServiceNow, Inc. Common Stock	$868,700	0.32%	8,750		Up ×1
SCI Service Corporation International Common Stock	$835,332	0.31%	10,997	$-72,030
GOOG Alphabet Inc. - Class C Capital Stock	$810,802	0.30%	2,295	$152,649	Up ×1
ASML ASML Holding N.V. - New York Registry Shares	$748,029	0.27%	376	$251,397
MSFT Microsoft Corporation - Common Stock	$709,857	0.26%	1,903	$5,423
TJX TJX Companies, Inc. (The) Common Stock	$680,084	0.25%	4,489	$-36,809
NFLX Netflix, Inc. - Common Stock	$678,300	0.25%	9,500	$-235,125
Unknown issuer (CUSIP: 438516205)	$677,357	0.25%	2,917		Up ×1
WAT Waters Corporation Common Stock	$670,947	0.25%	1,789	$131,333	Down ×1
KTOS Kratos Defense & Security Solutions, Inc. - Common Stock	$656,656	0.24%	13,170	$-271,961
Unknown issuer (CUSIP: 43849R105)	$644,890	0.24%	2,917		Up ×1
PNC PNC Financial Services Group, Inc. (The) Common Stock	$611,857	0.22%	2,485	$94,753
MDLZ Mondelez International, Inc. - Class A Common Stock	$602,751	0.22%	10,421	$2,085
CBZ CBIZ, Inc. Common Stock	$513,922	0.19%	16,020	$83,785
ANET Arista Networks, Inc. Common Stock	$509,640	0.19%	3,000	$141,300
TMO Thermo Fisher Scientific Inc Common Stock	$502,363	0.18%	1,002	$9,850
UBER Uber Technologies, Inc. Common Stock	$480,946	0.18%	6,665	$1,533
QQQ Invesco QQQ Trust, Series 1	$480,171	0.18%	652	$103,820
COP ConocoPhillips Common Stock	$478,528	0.18%	4,603	$-129,068
AAPL Apple Inc. - Common Stock	$466,448	0.17%	1,612	$57,339
AFL AFLAC Incorporated Common Stock	$444,143	0.16%	3,788	$28,562
XOM Exxon Mobil Corporation Common Stock	$441,742	0.16%	3,231	$-106,429
PPLT abrdn Physical Platinum Shares ETF	$438,030	0.16%	31,000	$-114,483	Up ×1
TXN Texas Instruments Incorporated - Common Stock	$436,673	0.16%	1,465	$152,258
APD Air Products and Chemicals, Inc. Common Stock	$432,734	0.16%	1,476	$3,971
ICE Intercontinental Exchange Inc. Common Stock	$430,885	0.16%	3,500	$-119,595
SHW Sherwin-Williams Company (The) Common Stock	$416,972	0.15%	1,211	$28,786
PSX Phillips 66 Common Stock	$410,622	0.15%	2,429	$-31,893
MO Altria Group, Inc.	$391,408	0.14%	5,440	$32,422
LOW Lowe's Companies, Inc. Common Stock	$376,597	0.14%	1,708	$-26,969
XENE Xenon Pharmaceuticals Inc. - Common Shares	$362,160	0.13%	6,000	$13,260
NVT nVent Electric plc Ordinary Shares	$359,912	0.13%	2,122	$108,922
SIRI SiriusXM Holdings Inc. - Common Stock	$354,775	0.13%	12,010	$77,584
FIS Fidelity National Information Services, Inc. Common Stock	$347,976	0.13%	8,950	$-71,869
IVV iShares Core S&P 500 ETF	$345,987	0.13%	462	$16,116	Down ×1
APH Amphenol Corporation Common Stock	$340,121	0.12%	1,929	$96,392
GOOGL Alphabet Inc. - Class A Common Stock	$304,837	0.11%	853	$59,548
XLK SELECT SECTOR SPDR TRUST	$275,873	0.10%	1,448
ALB Albemarle Corporation Common Stock	$251,156	0.09%	1,860	$-82,770
EA Electronic Arts Inc. - Common Stock	$246,048	0.09%	1,200	$1,404
LHX L3Harris Technologies, Inc. Common Stock	$244,677	0.09%	842	$-45,939
AMZN Amazon.com, Inc. - Common Stock	$239,055	0.09%	1,003	$30,160
SJM The J.M. Smucker Company Common Stock	$238,500	0.09%	2,120	$34,047
TROW T. Rowe Price Group, Inc. - Common Stock	$228,290	0.08%	2,008		Up ×1
BATRA Atlanta Braves Holdings, Inc. - Series A Common Stock	$225,240	0.08%	4,000		Up ×1
MDT Medtronic plc. Ordinary Shares	$221,859	0.08%	2,836	$-23,337	Up ×4
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
ADP	$5,132,081	1.88%	up ×6
CB	$4,073,327	1.49%	up ×6
NSC	$1,705,498	0.63%	up ×6
MDT	$221,859	0.08%	up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
NOW	$868,700	8,750	0.32%
Unknown issuer (CUSIP: 438516205)	$677,357	2,917	0.25%
Unknown issuer (CUSIP: 43849R105)	$644,890	2,917	0.24%
XLK	$275,873	1,448	0.10%
TROW	$228,290	2,008	0.08%
BATRA	$225,240	4,000	0.08%
FV	$215,879	2,845	0.08%
SPY	$203,121	272	0.07%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
ABBV	Trimmed	-361	+$3.7M
ACN	Trimmed	-425	-$3.3M
MU	Trimmed	-1K	+$2.8M
V	Trimmed	-36	+$2.2M
INTU	Trimmed	-765	-$1.9M
CARR	Bought more	+8	+$1.4M
ABT	Trimmed	-65	-$1.3M
GNRC	Price move only	+0	+$1.2M
AXP	Trimmed	-202	+$1.1M
PEP	Bought more	+97	-$942K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
HON	June 30, 2026	5,834	$1,318,659	-1.2%
VEA	Sept. 30, 2025	12,688	$723,343
PTON	Sept. 30, 2025	70,148	$486,827	-40.3%
PFE	Sept. 30, 2025	20,000	$484,800	17.9%
LEU	Sept. 30, 2025	2,499	$457,767	-67.0%
ONON	June 30, 2026	9,500	$323,190	-8.2%
RACE	June 30, 2026	812	$274,821	5.6%
ISRG	June 30, 2026	593	$273,367	13.7%
ORCL	March 31, 2026	1,107	$215,765	-14.2%
ULTA	June 30, 2026	411	$214,834	38.5%
MMYT	Dec. 31, 2025	2,270	$212,472	-48.7%
TOST	Sept. 30, 2025	4,770	$211,263	-10.4%
RJF	March 31, 2026	1,305	$209,570	8.9%
XLK	March 31, 2026	1,448	$208,469	37.9%
S	June 30, 2025	11,100	$201,798	31.3%
AES	June 30, 2025	10,856	$134,832	42.6%