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Drexel Morgan & Co. — 13F Holdings & Portfolio

CIK 1508512 · latest 13F-HR filed 2026-08-13

Backtest portfolio

Drexel Morgan & Co. manages $718.8M in 13F-reported U.S. long-equity assets across 60 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are T (17.49%), UPS (13.66%), JNJ (7.64%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 3 new positions and exited 3; 33 existing positions rose in reported value and 12 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$718.8M

Long-equity book

Holdings
60

Distinct positions

Period
2026-06-30

Filed 2026-08-13

Q/Q Activity
+3 / −3 / ↑33 / ↓12

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
T17.5% · +40%UPS13.7% · +12%JNJ7.6% · 0%JPM7.4% · 0%IBM5.5% · 0%CLF5.2% · +18%KO5.2% · 0%AXP4.5% · 0%CAT4.1% · 0%CPB3.1% · 0%DE2.5% · 0%MRK2.4% · 0%SLB2.2% · 0%AAPL1.8% · 0%MSFT1.6% · 0%DIS1.6% · 0%WASH1.5% · 0%XOM1.3% · 0%SPY1.1% · 0%UNP0.7% · 0%QQQ0.7% · 0%VZ0.6% · 0%NVDA0.6% · 0%PG0.6% · 0%EMR0.6% · 0%MMM0.5% · 0%RTX0.5% · 0%MCD0.5% · 0%RSP0.5% · 0%ABT0.4% · 0%SHEL0.4% · 0%CL0.4% · 0%LLY0.4% · 0%KD0.3% · 0%TRI0.3% · -2%MDT0.2% · 0%NVS0.2% · 0%UL0.2% · 0%HD0.2% · 0%DIA0.1% · 0%IWM0.1% · 0%HWM0.1% · 0%DD0.1% · -67%CARR0.1% · 0%IJH0.1% · 0%CVX0.1% · 0%WFC0.1% · 0%GOOGL0.1% · 0%XLF0.1% · 0%Q0.1% · 0%ABBV0.1% · 0%CSCO0.1% · 0%PEP0.1% · 0%AMZN0.0% · 0%OTIS0.0% · 0%INTC0.0% · newAMGN0.0% · 0%BRK.B0.0% · 0%LOW0.0% · 0%WMB0.0% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 73.8%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 31, 2021.

Assets Under Management
$1.38B
Discretionary
$284.8M
Employees
6
Accounts
165
Address
THREE RADNOR CORPORATE CENTER
SUITE 305
RADNOR, PA 19087
Phone
(610) 971-1901
Website
Name Title / Status Ownership Type
CONNELL, GEORGE, WASHINGTON ControlDIRECTOR
since Jul 2010
Less than 5%Individual
DREXEL MORGAN & CO. ControlSHAREHOLDER
since Jul 2010
75% or moreDomestic Entity
MCCABE, JAMES, LAWS ControlCHAIRMAN, DIRECTOR, PRESIDENT, CEO
since May 1980
Less than 5%Individual
ROVNER, PAUL, STUART ControlVICE PRESIDENT & DIRECTOR
since Jan 2011
Less than 5%Individual
DESCOTEAUX, DIANNECHIEF COMPLIANCE OFFICER
since Jan 2021
Less than 5%Individual
HICKEY, ERICH, MICHAELVICE PRESIDENT, CHIEF INVESTMENT STRATEGIST & COO
since Aug 2015
Less than 5%Individual
CONNELL, GEORGE, WASHINGTON Control
Indirect owner via DREXEL MORGAN & CO.
SHAREHOLDER
since Nov 2004
75% or moreIndividual
Ownership & leadership changes · 7 filings with changes since Mar 30, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 31, 2021 filing
  • ChangedDESCOTEAUX, DIANNE · no longer a control person
Jan 29, 2021 filing
  • No longer listedSCARAMUCCI, ADREA, ANN · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Apr 2005
  • AddedDESCOTEAUX, DIANNE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Mar 30, 2020 filing
  • ChangedHICKEY, ERICH, MICHAEL · title VICE PRESIDENT & CHIEF INVESTMENT STRATEGIST → VICE PRESIDENT, CHIEF INVESTMENT STRATEGIST & COO
Jul 5, 2018 filing
  • No longer listedERSKINE, LYNN, SUZANNE · VICE PRESIDENT & SENIOR PORTFOLIO MANAGER · Less than 5% · listed since Jun 2015
Mar 29, 2016 filing
  • AddedERSKINE, LYNN, SUZANNE · VICE PRESIDENT & SENIOR PORTFOLIO MANAGER · Less than 5%
  • AddedHICKEY, ERICH, MICHAEL · VICE PRESIDENT & CHIEF INVESTMENT STRATEGIST · Less than 5%
Feb 18, 2016 filing
  • No longer listedMCCARRON, MARK · VICE PRESIDENT & DIRECTOR · Less than 5% · control person · listed since Jun 2011
Sep 5, 2012 filing
  • No longer listedBUTCHER, MCBEE, NMN · DIRECTOR · Less than 5% · control person · listed since Jul 2010
Mar 30, 2012 filing (earliest on record)
  • ListedBUTCHER, MCBEE, NMN · DIRECTOR · Less than 5% · control person
  • ListedCONNELL, GEORGE, WASHINGTON · DIRECTOR · Less than 5% · control person
  • ListedCONNELL, GEORGE, WASHINGTON · SHAREHOLDER · 75% or more · indirect via DREXEL MORGAN & CO. · control person
  • ListedDREXEL MORGAN & CO. · SHAREHOLDER · 75% or more · control person
  • ListedMCCABE, JAMES, LAWS · CHAIRMAN, DIRECTOR, PRESIDENT, CEO · Less than 5% · control person
  • ListedMCCARRON, MARK · VICE PRESIDENT & DIRECTOR · Less than 5% · control person
  • ListedROVNER, PAUL, STUART · VICE PRESIDENT & DIRECTOR · Less than 5% · control person
  • ListedSCARAMUCCI, ADREA, ANN · CHIEF COMPLIANCE OFFICER · Less than 5%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 33 →

Top Trims

Show all 12 →

New Positions

Show all 3 →

Exited Positions

Show all 3 →

Drexel Morgan & Co. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 AT&T INC T 00206R102 $125.8M 17.49% 6,075,040 SH
2 UNITED PARCEL SVCS INC UPS 911312106 $98.2M 13.66% 913,465 SH
3 JOHNSON & JOHNSON JNJ 478160104 $54.9M 7.64% 216,207 SH
4 JPMORGAN CHASE & CO JPM 46625H100 $53.5M 7.45% 163,589 SH
5 INTERNATIONAL BUSINESS MACHS IBM 459200101 $39.3M 5.47% 139,735 SH
6 CLEVELAND-CLIFFS INC NEW CLF 185899101 $37.6M 5.23% 4,000,000 SH
7 COCA COLA CO KO 191216100 $37.1M 5.16% 456,411 SH
8 AMERICAN EXPRESS CO AXP 025816109 $32.4M 4.51% 95,918 SH
9 CATERPILLAR INC CAT 149123101 $29.7M 4.13% 27,886 SH
10 THE CAMPBELLS COMPANY CPB 134429109 $22.3M 3.10% 1,000,000 SH
11 DEERE & CO DE 244199105 $17.8M 2.48% 28,065 SH
12 MERCK & CO INC MRK 58933Y105 $17.0M 2.36% 132,292 SH
13 SLB LIMITED SLB 806857108 $16.1M 2.23% 345,412 SH
14 APPLE INC AAPL 037833100 $12.8M 1.78% 44,296 SH
15 MICROSOFT CORP MSFT 594918104 $11.2M 1.56% 30,129 SH
16 DISNEY WALT CO DIS 254687106 $11.2M 1.56% 116,683 SH
17 WASHINGTON TR BANCORP INC WASH 940610108 $11.0M 1.53% 300,800 SH
18 EXXON MOBIL CORP XOM 30231G102 $9.4M 1.31% 68,680 SH
19 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $7.9M 1.10% 10,561 SH
20 UNION PAC CORP UNP 907818108 $5.3M 0.73% 19,373 SH
21 INVESCO QQQ TR QQQ 46090E103 $4.8M 0.67% 6,500 SH
22 VERIZON COMMUNICATIONS INC VZ 92343V104 $4.4M 0.62% 105,000 SH
23 NVIDIA CORPORATION NVDA 67066G104 $4.4M 0.61% 21,800 SH
24 PROCTER & GAMBLE CO PG 742718109 $4.3M 0.60% 29,590 SH
25 EMERSON ELEC CO EMR 291011104 $4.3M 0.60% 29,904 SH
26 3M CO MMM 88579Y101 $3.7M 0.52% 23,122 SH
27 RTX CORPORATION RTX 75513E101 $3.7M 0.51% 19,290 SH
28 MCDONALDS CORP MCD 580135101 $3.4M 0.47% 12,579 SH
29 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $3.2M 0.45% 15,215 SH
30 ABBOTT LABORATORIES ABT 002824100 $3.1M 0.43% 34,181 SH
31 SHELL PLC SHEL 780259305 $3.0M 0.42% 38,544 SH
32 COLGATE PALMOLIVE CO CL 194162103 $2.6M 0.37% 28,820 SH
33 ELI LILLY & CO LLY 532457108 $2.6M 0.36% 2,134 SH
34 KYNDRYL HLDGS INC KD 50155Q100 $2.3M 0.31% 200,000 SH
35 THOMSON REUTERS CORP TRI 884903881 $2.0M 0.28% 24,614 SH
36 MEDTRONIC PLC MDT G5960L103 $1.7M 0.23% 21,546 SH
37 NOVARTIS AG NVS 66987V109 $1.7M 0.23% 10,720 SH
38 UNILEVER PLC UL 904767803 $1.7M 0.23% 27,881 SH
39 HOME DEPOT INC HD 437076102 $1.2M 0.16% 3,300 SH
40 STATE STR SPDR DOW JONES IND DIA 78467X109 $1.0M 0.15% 2,000 SH
41 ISHARES TR IWM 464287655 $861.1K 0.12% 2,866 SH
42 HOWMET AEROSPACE INC HWM 443201108 $672.1K 0.09% 2,500 SH
43 DUPONT DE NEMOURS INC DD 26614N201 $644.4K 0.09% 4,751 SH
44 CARRIER GLOBAL CORPORATION CARR 14448C104 $629.2K 0.09% 8,578 SH
45 ISHARES TR IJH 464287507 $598.0K 0.08% 7,755 SH
46 CHEVRON CORPORATION CVX 166764100 $580.2K 0.08% 3,500 SH
47 WELLS FARGO & CO WFC 949746101 $557.6K 0.08% 6,747 SH
48 ALPHABET INC GOOGL 02079K305 $543.2K 0.08% 1,520 SH
49 SELECT SECTOR SPDR TR XLF 81369Y605 $536.1K 0.07% 10,000 SH
50 QNITY ELECTRONICS INC Q 74743L100 $534.7K 0.07% 3,274 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-13 $718.8M 60 0001104659-26-095569
2026-03-31 2026-05-11 $681.8M 60 0001104659-26-058479
2025-12-31 2026-02-12 $638.9M 57 0001104659-26-014063
2025-09-30 2025-11-12 $636.7M 56 0001104659-25-110277
Filer Information
Address
3 RADNOR CORPORATE CENTER
SUITE 450
RADNOR, PA 19087-4546
Phone
(610) 293-7200
Filing Manager
Drexel Morgan & Co.
RADNOR, PA
Signatory
MarieElena V. Ness
Chief Compliance Officer