Drexel Morgan & Co. Diversified Active

CIK: 0001508512 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 12, 2026

Total Value ($000): $638,855 (100.0% shares, 0.0% debt)

Holdings (57)

New Positions (3)

KD KYNDRYL HLDGS INC 0.4%

Value ($000) $2,656 Shares 100,000 Est. Cost $27.11 Unrealized 0.0%

UL UNILEVER PLC 0.3%

Value ($000) $1,823 Shares 27,881 Est. Cost $65.40 Unrealized —

Q QNITY ELECTRONICS INC 0.1%

Value ($000) $349 Shares 4,274 Est. Cost $84.91 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KD	KYNDRYL HLDGS INC	100,000	$2,656	0.4%	$27.11	0.0%	COMMON STOCK	50155Q100
UL	UNILEVER PLC	27,881	$1,823	0.3%	$65.40	—	SPON ADR NEW	904767803
Q	QNITY ELECTRONICS INC	4,274	$349	0.1%	$84.91	0.0%	COMMON STOCK	74743L100

Increased Positions (3)

T AT&T INC 16.8%

Value ($000) $107,391 (-7.8%) Shares 4,323,320 (+4.9%) Est. Cost $16.00 Unrealized +58.1%

NVDA NVIDIA CORPORATION 0.3%

Value ($000) $2,201 (+555.3%) Shares 11,800 (+555.6%) Est. Cost $176.93 Unrealized +5.2%

WASH WASHINGTON TR BANCORP INC 1.4%

Value ($000) $8,889 (+22.6%) Shares 300,800 (+19.9%) Est. Cost $27.96 Unrealized -0.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
T	AT&T INC	4,323,320 (+4.9%)	$107,391 (-7.8%)	16.8%	$16.00	+58.1%	COM	00206R102
NVDA	NVIDIA CORPORATION	11,800 (+555.6%)	$2,201 (+555.3%)	0.3%	$176.93	+5.2%	COM	67066G104
WASH	WASHINGTON TR BANCORP INC	300,800 (+19.9%)	$8,889 (+22.6%)	1.4%	$27.96	-0.2%	COM	940610108

Exited Positions (2)

— UNILEVER PLC 0.3%

Value ($000) $1,860 Shares 31,372 Est. Cost $45.81 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value ($000) $205 Shares 700 Est. Cost $287.90 Unrealized -8.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	UNILEVER PLC	31,372	$1,860	0.3%	$45.81	—	—	904767704
ADP	AUTOMATIC DATA PROCESSING IN	700	$205	0.0%	$287.90	-8.0%	—	053015103

Decreased Positions (2)

CLF CLEVELAND-CLIFFS INC NEW 6.1%

Value ($000) $39,237 (-42.6%) Shares 2,954,569 (-47.2%) Est. Cost $13.66 Unrealized -7.6%

DD DUPONT DE NEMOURS INC 0.1%

Value ($000) $573 (-54.0%) Shares 14,262 (-10.9%) Est. Cost $25.03 Unrealized +49.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CLF	CLEVELAND-CLIFFS INC NEW	2,954,569 (-47.2%)	$39,237 (-42.6%)	6.1%	$13.66	-7.6%	COM	185899101
DD	DUPONT DE NEMOURS INC	14,262 (-10.9%)	$573 (-54.0%)	0.1%	$25.03	+49.4%	COM	26614N102

Unchanged Positions (49)

UPS UNITED PARCEL SERVICE INC 11.1%

Value ($000) $70,667 Shares 712,440 Est. Cost $97.44 Unrealized -4.8%

JNJ JOHNSON & JOHNSON 7.0%

Value ($000) $44,744 Shares 216,207 Est. Cost $118.50 Unrealized +66.2%

AXP AMERICAN EXPRESS CO 5.6%

Value ($000) $35,485 Shares 95,918 Est. Cost $204.80 Unrealized +74.3%

MRK MERCK & CO INC 2.2%

Value ($000) $13,925 Shares 132,292 Est. Cost $72.84 Unrealized +28.0%

CAT CATERPILLAR INC 2.5%

Value ($000) $15,975 Shares 27,886 Est. Cost $144.78 Unrealized +283.7%

F FORD MTR CO 4.3%

Value ($000) $27,552 Shares 2,100,000 Est. Cost $9.30 Unrealized +38.0%

IBM INTERNATIONAL BUSINESS MACHS 6.5%

Value ($000) $41,391 Shares 139,735 Est. Cost $98.36 Unrealized +203.8%

KO COCA COLA CO 5.0%

Value ($000) $31,908 Shares 456,411 Est. Cost $43.48 Unrealized +59.6%

SLB SLB LIMITED 2.1%

Value ($000) $13,257 Shares 345,412 Est. Cost $27.06 Unrealized +33.3%

JPM JPMORGAN CHASE & CO. 8.3%

Value ($000) $52,712 Shares 163,589 Est. Cost $148.55 Unrealized +108.4%

MSFT MICROSOFT CORP 2.3%

Value ($000) $14,571 Shares 30,129 Est. Cost $72.03 Unrealized +594.9%

AAPL APPLE INC 1.9%

Value ($000) $12,042 Shares 44,296 Est. Cost $87.35 Unrealized +207.2%

LLY ELI LILLY & CO 0.4%

Value ($000) $2,293 Shares 2,134 Est. Cost $139.77 Unrealized +583.7%

XOM EXXON MOBIL CORP 1.3%

Value ($000) $8,265 Shares 68,680 Est. Cost $71.87 Unrealized +60.7%

VZ VERIZON COMMUNICATIONS INC 0.7%

Value ($000) $4,277 Shares 105,000 Est. Cost $42.46 Unrealized -4.7%

RTX RTX CORPORATION 0.6%

Value ($000) $3,538 Shares 19,290 Est. Cost $62.89 Unrealized +175.6%

PG PROCTER AND GAMBLE CO 0.7%

Value ($000) $4,241 Shares 29,590 Est. Cost $68.90 Unrealized +113.6%

ABT ABBOTT LABS 0.7%

Value ($000) $4,283 Shares 34,181 Est. Cost $49.34 Unrealized +158.0%

DE DEERE & CO 2.0%

Value ($000) $13,066 Shares 28,065 Est. Cost $213.19 Unrealized +119.4%

HD HOME DEPOT INC 0.2%

Value ($000) $1,136 Shares 3,300 Est. Cost $63.50 Unrealized +474.1%

SPY SPDR S&P 500 ETF TR 1.2%

Value ($000) $7,440 Shares 10,911 Est. Cost $380.49 Unrealized —

MMM 3M CO 0.6%

Value ($000) $3,702 Shares 23,122 Est. Cost $83.78 Unrealized +94.8%

GOOGL ALPHABET INC 0.1%

Value ($000) $476 Shares 1,520 Est. Cost $167.35 Unrealized +70.7%

NVS NOVARTIS AG 0.2%

Value ($000) $1,478 Shares 10,720 Est. Cost $86.01 Unrealized —

UNP UNION PAC CORP 0.7%

Value ($000) $4,481 Shares 19,373 Est. Cost $107.11 Unrealized +112.2%

QQQ INVESCO QQQ TR 0.7%

Value ($000) $4,239 Shares 6,900 Est. Cost $171.81 Unrealized —

DIS DISNEY WALT CO 2.1%

Value ($000) $13,275 Shares 116,683 Est. Cost $102.45 Unrealized +6.9%

SHEL SHELL PLC 0.4%

Value ($000) $2,832 Shares 38,544 Est. Cost $55.01 Unrealized —

WFC WELLS FARGO CO NEW 0.1%

Value ($000) $629 Shares 6,747 Est. Cost $40.69 Unrealized +112.9%

CARR CARRIER GLOBAL CORPORATION 0.1%

Value ($000) $453 Shares 8,578 Est. Cost $17.13 Unrealized +224.1%

EMR EMERSON ELEC CO 0.6%

Value ($000) $3,969 Shares 29,904 Est. Cost $48.79 Unrealized +171.3%

AMGN AMGEN INC 0.0%

Value ($000) $245 Shares 750 Est. Cost $287.24 Unrealized +10.0%

DIA SPDR DOW JONES INDL AVERAGE 0.2%

Value ($000) $961 Shares 2,000 Est. Cost $240.56 Unrealized —

CSCO CISCO SYS INC 0.0%

Value ($000) $281 Shares 3,650 Est. Cost $55.37 Unrealized +33.3%

RSP INVESCO EXCHANGE TRADED FD T 0.5%

Value ($000) $2,915 Shares 15,215 Est. Cost $171.96 Unrealized —

CL COLGATE PALMOLIVE CO 0.4%

Value ($000) $2,277 Shares 28,820 Est. Cost $52.21 Unrealized +50.0%

HWM HOWMET AEROSPACE INC 0.1%

Value ($000) $513 Shares 2,500 Est. Cost $89.95 Unrealized +121.2%

MCD MCDONALDS CORP 0.6%

Value ($000) $3,845 Shares 12,579 Est. Cost $116.57 Unrealized +161.7%

MDT MEDTRONIC PLC 0.3%

Value ($000) $2,070 Shares 21,546 Est. Cost $70.29 Unrealized +38.2%

OTIS OTIS WORLDWIDE CORP 0.1%

Value ($000) $375 Shares 4,288 Est. Cost $47.48 Unrealized +88.0%

AMZN AMAZON COM INC 0.1%

Value ($000) $323 Shares 1,400 Est. Cost $170.22 Unrealized +34.4%

IWM ISHARES TR 0.1%

Value ($000) $705 Shares 2,866 Est. Cost $200.71 Unrealized —

LOW LOWES COS INC 0.0%

Value ($000) $260 Shares 1,080 Est. Cost $199.57 Unrealized +20.2%

CVX CHEVRON CORP NEW 0.1%

Value ($000) $533 Shares 3,500 Est. Cost $96.64 Unrealized +56.7%

XLF SELECT SECTOR SPDR TR 0.1%

Value ($000) $548 Shares 10,000 Est. Cost $22.13 Unrealized —

PEP PEPSICO INC 0.1%

Value ($000) $388 Shares 2,700 Est. Cost $74.91 Unrealized +94.8%

ABBV ABBVIE INC 0.1%

Value ($000) $434 Shares 1,900 Est. Cost $138.72 Unrealized +64.0%

IJH ISHARES TR 0.1%

Value ($000) $512 Shares 7,755 Est. Cost $100.17 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $251 Shares 500 Est. Cost $350.99 Unrealized +41.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UPS	UNITED PARCEL SERVICE INC	712,440	$70,667	11.1%	$97.44	-4.8%	CL B	911312106
JNJ	JOHNSON & JOHNSON	216,207	$44,744	7.0%	$118.50	+66.2%	COM	478160104
AXP	AMERICAN EXPRESS CO	95,918	$35,485	5.6%	$204.80	+74.3%	COM	025816109
MRK	MERCK & CO INC	132,292	$13,925	2.2%	$72.84	+28.0%	COM	58933Y105
CAT	CATERPILLAR INC	27,886	$15,975	2.5%	$144.78	+283.7%	COM	149123101
F	FORD MTR CO	2,100,000	$27,552	4.3%	$9.30	+38.0%	COM	345370860
IBM	INTERNATIONAL BUSINESS MACHS	139,735	$41,391	6.5%	$98.36	+203.8%	COM	459200101
KO	COCA COLA CO	456,411	$31,908	5.0%	$43.48	+59.6%	COM	191216100
SLB	SLB LIMITED	345,412	$13,257	2.1%	$27.06	+33.3%	COM STK	806857108
JPM	JPMORGAN CHASE & CO.	163,589	$52,712	8.3%	$148.55	+108.4%	COM	46625H100
MSFT	MICROSOFT CORP	30,129	$14,571	2.3%	$72.03	+594.9%	COM	594918104
AAPL	APPLE INC	44,296	$12,042	1.9%	$87.35	+207.2%	COM	037833100
LLY	ELI LILLY & CO	2,134	$2,293	0.4%	$139.77	+583.7%	COM	532457108
XOM	EXXON MOBIL CORP	68,680	$8,265	1.3%	$71.87	+60.7%	COM	30231G102
VZ	VERIZON COMMUNICATIONS INC	105,000	$4,277	0.7%	$42.46	-4.7%	COM	92343V104
RTX	RTX CORPORATION	19,290	$3,538	0.6%	$62.89	+175.6%	COM	75513E101
PG	PROCTER AND GAMBLE CO	29,590	$4,241	0.7%	$68.90	+113.6%	COM	742718109
ABT	ABBOTT LABS	34,181	$4,283	0.7%	$49.34	+158.0%	COM	002824100
DE	DEERE & CO	28,065	$13,066	2.0%	$213.19	+119.4%	COM	244199105
HD	HOME DEPOT INC	3,300	$1,136	0.2%	$63.50	+474.1%	COM	437076102
SPY	SPDR S&P 500 ETF TR	10,911	$7,440	1.2%	$380.49	—	TR UNIT	78462F103
MMM	3M CO	23,122	$3,702	0.6%	$83.78	+94.8%	COM	88579Y101
GOOGL	ALPHABET INC	1,520	$476	0.1%	$167.35	+70.7%	CAP STK CL A	02079K305
NVS	NOVARTIS AG	10,720	$1,478	0.2%	$86.01	—	SPONSORED ADR	66987V109
UNP	UNION PAC CORP	19,373	$4,481	0.7%	$107.11	+112.2%	COM	907818108
QQQ	INVESCO QQQ TR	6,900	$4,239	0.7%	$171.81	—	UNIT SER 1	46090E103
DIS	DISNEY WALT CO	116,683	$13,275	2.1%	$102.45	+6.9%	COM	254687106
SHEL	SHELL PLC	38,544	$2,832	0.4%	$55.01	—	SPON ADS	780259305
WFC	WELLS FARGO CO NEW	6,747	$629	0.1%	$40.69	+112.9%	COM	949746101
CARR	CARRIER GLOBAL CORPORATION	8,578	$453	0.1%	$17.13	+224.1%	COM	14448C104
EMR	EMERSON ELEC CO	29,904	$3,969	0.6%	$48.79	+171.3%	COM	291011104
AMGN	AMGEN INC	750	$245	0.0%	$287.24	+10.0%	COM	031162100
DIA	SPDR DOW JONES INDL AVERAGE	2,000	$961	0.2%	$240.56	—	UT SER 1	78467X109
CSCO	CISCO SYS INC	3,650	$281	0.0%	$55.37	+33.3%	COM	17275R102
RSP	INVESCO EXCHANGE TRADED FD T	15,215	$2,915	0.5%	$171.96	—	S&P500 EQL WGT	46137V357
CL	COLGATE PALMOLIVE CO	28,820	$2,277	0.4%	$52.21	+50.0%	COM	194162103
HWM	HOWMET AEROSPACE INC	2,500	$513	0.1%	$89.95	+121.2%	COM	443201108
MCD	MCDONALDS CORP	12,579	$3,845	0.6%	$116.57	+161.7%	COM	580135101
MDT	MEDTRONIC PLC	21,546	$2,070	0.3%	$70.29	+38.2%	SHS	G5960L103
OTIS	OTIS WORLDWIDE CORP	4,288	$375	0.1%	$47.48	+88.0%	COM	68902V107
AMZN	AMAZON COM INC	1,400	$323	0.1%	$170.22	+34.4%	COM	023135106
IWM	ISHARES TR	2,866	$705	0.1%	$200.71	—	RUSSELL 2000 ETF	464287655
LOW	LOWES COS INC	1,080	$260	0.0%	$199.57	+20.2%	COM	548661107
CVX	CHEVRON CORP NEW	3,500	$533	0.1%	$96.64	+56.7%	COM	166764100
XLF	SELECT SECTOR SPDR TR	10,000	$548	0.1%	$22.13	—	STATE STREET FIN	81369Y605
PEP	PEPSICO INC	2,700	$388	0.1%	$74.91	+94.8%	COM	713448108
ABBV	ABBVIE INC	1,900	$434	0.1%	$138.72	+64.0%	COM	00287Y109
IJH	ISHARES TR	7,755	$512	0.1%	$100.17	—	CORE S&P MCP ETF	464287507
BRK/B	BERKSHIRE HATHAWAY INC DEL	500	$251	0.0%	$350.99	+41.8%	CL B NEW	084670702