Borer Denton & Associates, Inc.

BLUE BELL, PA · CIK 1993607 · 13F filing filed 2023-10-20

SEC-registered investment adviser since 2006 · corporation

Assets managed$403.0m
Staff4 · 3 in investment roles
Main clients (by assets)High net worth individuals 81%, Charities 15%, Individuals 4%
Form ADV · 2026-03-27SEC adviser record

Kindwealth
Others nearbyBlue Bell, PA

$253.9m reported value +5.4% vs Q1 2023

62positions

50.6%in top 10

0 new 9 added 13 reduced 1 sold out vs Q1 2023

Holdings, Q2 2023

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	MICROSOFT CORP COM MSFT	MSFT	65,684	$22.4m8.81%	8.81%	Reduced -1.7k	-1,700 -2.5%
2	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	47,672	$16.3m6.40%	6.40%	Added +75	+75 0.2%
3	APPLE INC COM AAPL	AAPL	72,879	$14.1m5.57%	5.57%	Reduced -65	-65 -0.1%
4	COSTCO WHSL CORP NEW COM COST	COST	23,477	$12.6m4.98%	4.98%	Reduced -175	-175 -0.7%
5	PEPSICO INC COM PEP	PEP	60,086	$11.1m4.38%	4.38%	Added +45	+45 0.1%
6	AON PLC SHS CL A AON	AON	32,105	$11.1m4.37%	4.37%	Added +35	+35 0.1%
7	HOME DEPOT INC COM HD	HD	35,552	$11.0m4.35%	4.35%	Reduced -45	-45 -0.1%
8	JOHNSON & JOHNSON COM JNJ	JNJ	64,780	$10.7m4.22%	4.22%	Added +190	+190 0.3%
9	ILLINOIS TOOL WKS INC COM ITW	ITW	38,329	$9.6m3.78%	3.78%	Unchanged
10	NOVO-NORDISK A S ADR NVO	NVO	58,311	$9.4m3.72%	3.72%	Unchanged
11	BECTON DICKINSON & CO COM BDX	BDX	34,083	$9.0m3.54%	3.54%	Unchanged
12	ABBOTT LABS COM ABT	ABT	78,013	$8.5m3.35%	3.35%	Added +75	+75 0.1%
13	UNION PAC CORP COM UNP	UNP	41,554	$8.5m3.35%	3.35%	Added +200	+200 0.5%
14	ABBVIE INC COM ABBV	ABBV	58,015	$7.8m3.08%	3.08%	Unchanged
15	UNITED PARCEL SERVICE INC CL B UPS	UPS	41,810	$7.5m2.95%	2.95%	Added +240	+240 0.6%
16	ORACLE CORP COM ORCL	ORCL	56,177	$6.7m2.63%	2.63%	Unchanged
17	BANK AMERICA CORP COM BAC	BAC	225,242	$6.5m2.55%	2.55%	Reduced -1.8k	-1,800 -0.8%
18	HONEYWELL INTL INC COM COM		31,100	$6.5m2.54%	2.54%	Unchanged
19	CVS HEALTH CORP COM CVS	CVS	81,435	$5.6m2.22%	2.22%	Added +1.0k	+1,025 1.3%
20	VISA INC COM CL A V	V	22,299	$5.3m2.09%	2.09%	Unchanged
21	MCCORMICK & CO INC COM NON VTG MKC	MKC	57,828	$5.0m1.99%	1.99%	Unchanged
22	CHURCH & DWIGHT CO INC COM CHD	CHD	49,938	$5.0m1.97%	1.97%	Reduced -515	-515 -1.0%
23	GOLDMAN SACHS GROUP INC COM GS	GS	11,530	$3.7m1.46%	1.46%	Unchanged
24	COMCAST CORP NEW CL A CMCSA	CMCSA	85,357	$3.5m1.40%	1.40%	Reduced -3.3k	-3,300 -3.7%
25	MCDONALDS CORP COM MCD	MCD	11,433	$3.4m1.34%	1.34%	Unchanged
26	PAYCHEX INC COM PAYX	PAYX	28,099	$3.1m1.24%	1.24%	Unchanged
27	QUALCOMM INC COM QCOM	QCOM	23,794	$2.8m1.12%	1.12%	Reduced -550	-550 -2.3%
28	CARMAX INC COM KMX	KMX	31,012	$2.6m1.02%	1.02%	Reduced -602	-602 -1.9%
29	ANALOG DEVICES INC COM ADI	ADI	13,208	$2.6m1.01%	1.01%	Unchanged
30	MERCK & CO INC COM MRK	MRK	16,232	$1.9m0.74%	0.74%	Unchanged
31	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	8,415	$1.8m0.73%	0.73%	Unchanged
32	ZEBRA TECHNOLOGIES CORPORATI CL A ZBRA	ZBRA	5,655	$1.7m0.66%	0.66%	Unchanged
33	MASTERCARD INCORPORATED CL A MA	MA	3,700	$1.5m0.57%	0.57%	Unchanged
34	QUEST DIAGNOSTICS INC COM DGX	DGX	8,610	$1.2m0.48%	0.48%	Unchanged
35	ELI LILLY & CO COM LLY	LLY	2,475	$1.2m0.46%	0.46%	Unchanged
36	PROCTER AND GAMBLE CO COM PG	PG	6,874	$1.0m0.41%	0.41%	Unchanged
37	EBAY INC. COM EBAY	EBAY	22,735	$1.0m0.40%	0.40%	Reduced -2.0k	-2,000 -8.1%
38	NEXTERA ENERGY INC COM NEE	NEE	11,146	$827.0k0.33%	0.33%	Unchanged
39	LOWES COS INC COM LOW	LOW	3,106	$701.0k0.28%	0.28%	Unchanged
40	AIR PRODS & CHEMS INC COM APD	APD	2,065	$618.5k0.24%	0.24%	Unchanged
41	PPL CORP COM PPL	PPL	21,872	$578.7k0.23%	0.23%	Reduced -1.0k	-1,000 -4.4%
42	SOUTHWEST AIRLS CO COM LUV	LUV	15,235	$551.7k0.22%	0.22%	Unchanged
43	AMERICAN EXPRESS CO COM AXP	AXP	3,052	$531.7k0.21%	0.21%	Unchanged
44	MOODYS CORP COM MCO	MCO	1,505	$523.3k0.21%	0.21%	Unchanged
45	COLGATE PALMOLIVE CO COM CL	CL	6,555	$505.0k0.20%	0.20%	Unchanged
46	JPMORGAN CHASE & CO COM JPM	JPM	3,381	$491.7k0.19%	0.19%	Unchanged
47	ARGO GROUP INTL HLDGS LTD COM AGII	AGII	16,400	$485.6k0.19%	0.19%	Reduced -800	-800 -4.7%
48	LOCKHEED MARTIN CORP COM LMT	LMT	989	$455.3k0.18%	0.18%	Unchanged
49	INTERNATIONAL FLAVORS&FRAGRA COM IFF	IFF	5,115	$407.1k0.16%	0.16%	Unchanged
50	COCA COLA CO COM KO	KO	6,653	$400.6k0.16%	0.16%	Reduced -200	-200 -2.9%
51	FLOWERS FOODS INC COM FLO	FLO	15,295	$380.5k0.15%	0.15%	Unchanged
52	MERIDIAN CORP COM STOCK STOCK		36,248	$355.2k0.14%	0.14%	Unchanged
53	META PLATFORMS INC CL A META	META	1,189	$341.2k0.13%	0.13%	Added +172	+172 16.9%
54	PHILIP MORRIS INTL INC COM PM	PM	3,340	$326.1k0.13%	0.13%	Unchanged
55	SMUCKER J M CO COM NEW SJM	SJM	2,000	$295.3k0.12%	0.12%	Unchanged
56	CSX CORP COM CSX	CSX	8,439	$287.8k0.11%	0.11%	Unchanged
57	UNILEVER PLC SPON ADR NEW SPON ADR NEW		5,155	$268.7k0.11%	0.11%	Unchanged
58	CLOROX CO DEL COM CLX	CLX	1,595	$253.7k0.10%	0.10%	Unchanged
59	RTX CORPORATION COM RTX	RTX	2,394	$234.5k0.09%	0.09%	Unchanged
60	EXXON MOBIL CORP COM XOM	XOM	2,167	$232.4k0.09%	0.09%	Unchanged
61	GENUINE PARTS CO COM GPC	GPC	1,328	$224.8k0.09%	0.09%	Unchanged
62	VERIZON COMMUNICATIONS INC COM VZ	VZ	5,782	$215.0k0.08%	0.08%	Unchanged

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
S & T BANCORP INC STBA	STBA	7,869	$247.5k7.9k shares