Maple Capital Management, Inc.

MONTPELIER, VT · CIK 1313893 · 13F filing filed 2026-08-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyMontpelier, VT

$1.7bn reported value +12.7% vs Q1 2026

127positions

55.1%in top 10

16 new 40 added 54 reduced 8 sold out vs Q1 2026

Options: 2 call positions ($32.9k notional), 1 put positions ($20.0k notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	514,811	$149.0m8.84%	8.84%	Reduced -1.6k	-1,606 -0.3%
2	ALPHABET INC CAP STK CL C GOOG	GOOG	385,653	$136.3m8.09%	8.09%	Reduced -36.1k	-36,090 -8.6%
3	NVIDIA CORPORATION COM NVDA	NVDA	653,706	$130.8m7.77%	7.77%	Reduced -3.8k	-3,796 -0.6%
4	AMAZON COM INC COM AMZN	AMZN	415,000	$98.9m5.87%	5.87%	Added +4.0k	+4,028 1.0%
5	MICROSOFT CORP COM MSFT	MSFT	258,738	$96.5m5.73%	5.73%	Reduced -1.8k	-1,764 -0.7%
6	APPLIED MATLS INC COM AMAT	AMAT	98,094	$70.9m4.21%	4.21%	Reduced -835	-835 -0.8%
7	TEXAS INSTRS INC COM TXN	TXN	236,393	$70.5m4.18%	4.18%	Reduced -502	-502 -0.2%
8	COSTCO WHSL CORP NEW COM COST	COST	63,593	$59.5m3.53%	3.53%	Reduced -1	-1 0.0%
9	ISHARES TR CORE S&P SCP ETF IJR	IJR	392,798	$58.3m3.46%	3.46%	Added +5.3k	+5,297 1.4%
10	ELI LILLY & CO COM LLY	LLY	47,852	$57.4m3.41%	3.41%	Added +401	+401 0.8%
11	META PLATFORMS INC CL A META	META	99,704	$56.2m3.33%	3.33%	Added +228	+228 0.2%
12	JPMORGAN CHASE & CO COM JPM	JPM	156,748	$51.3m3.05%	3.05%	Reduced -2.9k	-2,916 -1.8%
13	JOHNSON & JOHNSON COM JNJ	JNJ	170,795	$43.4m2.58%	2.58%	Reduced -1.2k	-1,184 -0.7%
14	MASTERCARD INCORPORATED CL A MA	MA	81,719	$42.0m2.49%	2.49%	Reduced -196	-196 -0.2%
15	MORGAN STANLEY COM NEW MS	MS	175,947	$36.8m2.18%	2.18%	Reduced -5.4k	-5,423 -3.0%
16	BROADCOM INC COM AVGO	AVGO	90,605	$34.2m2.03%	2.03%	Added +3.9k	+3,949 4.6%
17	TJX COS INC NEW COM TJX	TJX	224,861	$34.1m2.02%	2.02%	Added +627	+627 0.3%
18	GE AEROSPACE COM NEW GE	GE	88,393	$33.0m1.96%	1.96%	Added +1.5k	+1,467 1.7%
19	ISHARES INC CORE MSCI EMKT IEMG	IEMG	360,175	$29.8m1.77%	1.77%	Added +87.5k	+87,458 32.1%
20	CHEVRON CORP NEW COM CVX	CVX	178,917	$29.7m1.76%	1.76%	Added +197	+197 0.1%
21	HOME DEPOT INC COM HD	HD	77,310	$27.3m1.62%	1.62%	Added +45	+45 0.1%
22	AMERICAN EXPRESS CO COM AXP	AXP	70,722	$23.9m1.42%	1.42%	Reduced -2.5k	-2,506 -3.4%
23	AIR PRODS & CHEMS INC COM APD	APD	75,300	$22.1m1.31%	1.31%	Reduced -18	-18 -0.0%
24	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	151,701	$18.9m1.12%	1.12%	Added +40.2k	+40,161 36.0%
25	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	46,036	$18.3m1.09%	1.09%	Added +9.5k	+9,473 25.9%
26	HONEYWELL INTL INC COM HON	HON	77,808	$17.4m1.03%	1.03%	New
27	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	36,477	$17.4m1.03%	1.03%	Added +1.6k	+1,640 4.7%
28	S&P GLOBAL INC COM SPGI	SPGI	42,176	$17.2m1.02%	1.02%	Reduced -397	-397 -0.9%
29	HONEYWELL AEROSPACE INC COM HONA	HONA	77,203	$17.1m1.01%	1.01%	New
30	COLGATE PALMOLIVE CO COM CL	CL	182,704	$16.8m0.99%	0.99%	Added +2.3k	+2,287 1.3%
31	ABBOTT LABS COM ABT	ABT	166,641	$15.1m0.90%	0.90%	Reduced -2.0k	-2,011 -1.2%
32	CME GROUP INC COM CME	CME	62,415	$13.8m0.82%	0.82%	Reduced -468	-468 -0.7%
33	ECOLAB INC COM ECL	ECL	46,482	$13.0m0.77%	0.77%	Added +88	+88 0.2%
34	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	370,917	$12.6m0.75%	0.75%	Added +1.7k	+1,749 0.5%
35	TESLA INC COM TSLA	TSLA	26,852	$11.3m0.67%	0.67%	Added +23.7k	+23,657 740.4%
36	UBER TECHNOLOGIES INC COM UBER	UBER	123,225	$8.9m0.53%	0.53%	Added +1.9k	+1,938 1.6%
37	NETFLIX INC COM NFLX	NFLX	121,145	$8.6m0.51%	0.51%	Added +1.2k	+1,188 1.0%
38	MSCI INC COM MSCI	MSCI	13,685	$7.7m0.46%	0.46%	Added +361	+361 2.7%
39	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	9,578	$7.2m0.42%	0.42%	Added +5.0k	+5,001 109.3%
40	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	114,614	$5.2m0.31%	0.31%	Added +4.0k	+4,008 3.6%
41	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	43,108	$3.8m0.22%	0.22%	Added +5.0k	+5,022 13.2%
42	ZOETIS INC CL A ZTS	ZTS	51,995	$3.7m0.22%	0.22%	Reduced -34.9k	-34,890 -40.2%
43	CORNING INC COM GLW	GLW	11,897	$3.0m0.18%	0.18%	Added +235	+235 2.0%
44	ALPHABET INC CAP STK CL A GOOGL	GOOGL	8,082	$2.9m0.17%	0.17%	Reduced -764	-764 -8.6%
45	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	5,400	$2.7m0.16%	0.16%	Reduced -25	-25 -0.5%
46	ISHARES TR MSCI EAFE ETF EFA	EFA	25,339	$2.6m0.16%	0.16%	Reduced -242	-242 -0.9%
47	ISHARES TR CORE S&P500 ETF IVV	IVV	3,298	$2.5m0.15%	0.15%	Added +110	+110 3.5%
48	ISHARES TR CORE S&P MCP ETF IJH	IJH	29,924	$2.3m0.14%	0.14%	Reduced -1.8k	-1,766 -5.6%
49	EXXON MOBIL CORP COM XOM	XOM	15,818	$2.2m0.13%	0.13%	Reduced -12	-12 -0.1%
50	J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF JPST	JPST	35,614	$1.8m0.11%	0.11%	Added +827	+827 2.4%
51	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	2,268	$1.6m0.09%	0.09%	Added +44	+44 2.0%
52	MICRON TECHNOLOGY INC COM MU	MU	1,205	$1.4m0.08%	0.08%	New
53	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	1,845	$1.4m0.08%	0.08%	Reduced -26	-26 -1.4%
54	CATERPILLAR INC COM CAT	CAT	1,206	$1.3m0.08%	0.08%	Unchanged
55	ISHARES TR CORE MSCI TOTAL IXUS	IXUS	12,924	$1.2m0.07%	0.07%	Reduced -1.8k	-1,762 -12.0%
56	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	4,219	$1.2m0.07%	0.07%	Unchanged
57	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	4,921	$1.2m0.07%	0.07%	Added +298	+298 6.5%
58	PROCTER AND GAMBLE CO COM PG	PG	7,127	$1.0m0.06%	0.06%	Reduced -1.3k	-1,291 -15.3%
59	MERCK & CO INC COM MRK	MRK	7,566	$972.3k0.06%	0.06%	Reduced -827	-827 -9.8%
60	ABBVIE INC COM ABBV	ABBV	3,813	$959.6k0.06%	0.06%	Added +12	+12 0.3%
61	PNC FINL SVCS GROUP INC COM PNC	PNC	3,834	$944.0k0.06%	0.06%	Added +16	+16 0.4%
62	UNION PAC CORP COM UNP	UNP	3,371	$916.9k0.05%	0.05%	Reduced -19	-19 -0.6%
63	MCDONALDS CORP COM MCD	MCD	3,350	$905.5k0.05%	0.05%	Added +367	+367 12.3%
64	CISCO SYS INC COM CSCO	CSCO	7,345	$862.8k0.05%	0.05%	Reduced -1.2k	-1,206 -14.1%
65	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1	$748.9k0.04%	0.04%	Unchanged
66	SHERWIN WILLIAMS CO COM SHW	SHW	2,053	$706.9k0.04%	0.04%	Unchanged
67	VISA INC COM CL A V	V	1,913	$656.5k0.04%	0.04%	Reduced -196	-196 -9.3%
68	QUALCOMM INC COM QCOM	QCOM	3,365	$621.8k0.04%	0.04%	Added +1.2k	+1,228 57.5%
69	GE VERNOVA INC COM GEV	GEV	509	$598.1k0.04%	0.04%	Added +111	+111 27.9%
70	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	1,607	$594.7k0.04%	0.04%	Reduced -91	-91 -5.4%
71	DANAHER CORPORATION COM DHR	DHR	3,032	$577.5k0.03%	0.03%	Reduced -298	-298 -8.9%
72	COCA COLA CO COM KO	KO	7,077	$575.1k0.03%	0.03%	Reduced -325	-325 -4.4%
73	NEXTERA ENERGY INC COM NEE	NEE	6,469	$567.8k0.03%	0.03%	Reduced -222	-222 -3.3%
74	ORACLE CORP COM ORCL	ORCL	3,863	$566.1k0.03%	0.03%	Reduced -50	-50 -1.3%
75	MOODYS CORP COM MCO	MCO	1,225	$554.8k0.03%	0.03%	Unchanged
76	ISHARES TR SP SMCP600VL ETF IJS	IJS	3,695	$505.0k0.03%	0.03%	Unchanged
77	T ROWE PRICE ETF INC PRICE BLUE CHIP TCHP	TCHP	9,989	$500.3k0.03%	0.03%	Reduced -3.9k	-3,938 -28.3%
78	QUEST DIAGNOSTICS INC COM DGX	DGX	2,313	$490.2k0.03%	0.03%	Unchanged
79	ISHARES TR RUS 1000 ETF IWB	IWB	1,187	$486.1k0.03%	0.03%	Unchanged
80	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	5,443	$468.9k0.03%	0.03%	Added +1.1k	+1,117 25.8%
81	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	482	$465.1k0.03%	0.03%	New
82	EDWARDS LIFESCIENCES CORP COM EW	EW	4,980	$450.5k0.03%	0.03%	Unchanged
83	WALMART INC COM WMT	WMT	3,908	$442.6k0.03%	0.03%	Added +703	+703 21.9%
84	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	9,546	$432.8k0.03%	0.03%	Reduced -1.0k	-1,027 -9.7%
85	WASTE MGMT INC DEL COM WM	WM	1,912	$426.1k0.03%	0.03%	Added +129	+129 7.2%
86	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	1,843	$412.7k0.02%	0.02%	Reduced -8	-8 -0.4%
87	PHILIP MORRIS INTL INC COM PM	PM	2,216	$400.9k0.02%	0.02%	Reduced -81	-81 -3.5%
88	WEC ENERGY GROUP INC COM WEC	WEC	3,347	$390.8k0.02%	0.02%	Reduced -20	-20 -0.6%
89	PEPSICO INC COM PEP	PEP	2,849	$385.8k0.02%	0.02%	Reduced -241	-241 -7.8%
90	ISHARES TR MSCI ACWI EX US ACWX	ACWX	5,047	$384.1k0.02%	0.02%	Reduced -1.5k	-1,511 -23.0%
91	ROCKWELL AUTOMATION INC COM ROK	ROK	753	$372.8k0.02%	0.02%	Unchanged
92	ADVANCED MICRO DEVICES INC COM AMD	AMD	634	$368.3k0.02%	0.02%	New
93	LOWES COS INC COM LOW	LOW	1,619	$357.0k0.02%	0.02%	Reduced -298	-298 -15.6%
94	ISHARES TR NATIONAL MUN ETF MUB	MUB	3,263	$351.2k0.02%	0.02%	Reduced -334	-334 -9.3%
95	UNITEDHEALTH GROUP INC COM UNH	UNH	821	$341.2k0.02%	0.02%	Added +30	+30 3.8%
96	TRANE TECHNOLOGIES PLC SHS TT	TT	681	$334.5k0.02%	0.02%	Reduced -43	-43 -5.9%
97	CALIFORNIA WTR SVC GROUP COM CWT	CWT	6,667	$324.4k0.02%	0.02%	Unchanged
98	JEFFERIES FINL GROUP INC COM JEF	JEF	6,316	$315.7k0.02%	0.02%	Unchanged
99	ISHARES TR CORE MSCI EAFE IEFA	IEFA	3,244	$313.3k0.02%	0.02%	Added +163	+163 5.3%
100	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	9,850	$312.3k0.02%	0.02%	Reduced -5.6k	-5,572 -36.1%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		78,114	$35.3m78.1k shares
CF INDS HLDGS INC CF	CF	2,051	$266.3k2.1k shares
LOCKHEED MARTIN CORP LMT	LMT	399	$241.2k399 shares
AMGEN INC AMGN	AMGN	606	$213.2k606 shares
RTX CORPORATION RTX	RTX	1,073	$207.0k1.1k shares
PFIZER INC PFE	PFE	7,257	$203.8k7.3k shares
BEST BUY INC BBY	BBY	3,130	$200.9k3.1k shares
AT&T INC T	T	6,909	$200.3k6.9k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
STARBUCKS CORP SBUX · Call	SBUX	Call	200	$20.4k200 shares	New
NVIDIA CORPORATION NVDA · Put	NVDA	Put	100	$20.0k100 shares	New
ACCENTURE PLC IRELAND ACN · Call	ACN	Call	100	$12.4k100 shares	New