13F HOLDINGS REPORT

BEESE FULMER INVESTMENT MANAGEMENT, INC.

Quarter ended Q1 2023 · Filed January 17, 2023 · Accession 0000911274-23-000002

Total Value

$830.7M

Positions

220

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (220)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	APPLE INC COM	AAPL	336,349	$43.7M	5.26%
2	MICROSOFT CORP COM	MSFT	137,381	$32.9M	3.97%
3	MASTERCARD INCORPORATED CL A	MA	71,092	$24.7M	2.98%
4	JOHNSON & JOHNSON	JNJ	121,446	$21.5M	2.58%
5	OREILLY AUTOMOTIVE INC COM	67103H107	22,276	$18.8M	2.26%
6	PROCTER & GAMBLE COMPANY	742718109	117,859	$17.9M	2.15%
7	EXXON MOBIL CORP COM	XOM	160,761	$17.7M	2.13%
8	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	54,435	$16.8M	2.02%
9	CHEVRON CORP NEW COM	CVX	90,492	$16.2M	1.96%
10	COCA COLA CO COM	KO	237,127	$15.1M	1.82%
11	PEPSICO, INC.	PEP	80,817	$14.6M	1.76%
12	COSTCO WHOLESALE CORPORATION	22160K105	30,512	$13.9M	1.68%
13	MCDONALDS CORP COM	MCD	49,337	$13.0M	1.57%
14	ALPHABET INC CAP STK CL C	GOOG	145,527	$12.9M	1.55%
15	LOWES COS INC COM	548661107	62,397	$12.4M	1.50%
16	DISNEY WALT CO COM	254687106	142,867	$12.4M	1.49%
17	CVS HEALTH CORP COM	CVS	128,392	$12.0M	1.44%
18	CHUBB LIMITED COM	CB	54,181	$12.0M	1.44%
19	CONOCOPHILLIPS COM	COP	99,164	$11.7M	1.41%
20	JPMORGAN CHASE & CO COM	VYLD	87,195	$11.7M	1.41%
21	ALPHABET INC CAP STK CL A	GOOG	131,449	$11.6M	1.40%
22	VANGUARD SHORT-TERM CORPORATE BOND ETF	92206C409	154,108	$11.6M	1.39%
23	UNITED PARCEL SERVICE INC CL B	UPS	66,246	$11.5M	1.39%
24	COMCAST CORP NEW CL A	CCZ	324,274	$11.3M	1.37%
25	MERCK & CO INC COM	MRK	95,548	$10.6M	1.28%
26	HERSHEY CO COM	HSY	45,464	$10.5M	1.27%
27	ABBOTT LABS COM	ABLZF	95,564	$10.5M	1.26%
28	LINDE PLC SHS	LIN	30,667	$10.0M	1.20%
29	AMAZON COM INC COM	AMZN	118,672	$10.0M	1.20%
30	HOME DEPOT INC COM	HD	31,464	$9.9M	1.20%
31	RAYTHEON TECHNOLOGIES CORP COM	RTX	95,966	$9.7M	1.17%
32	STRYKER CORPORATION COM	SYK	39,416	$9.6M	1.16%
33	TJX COS INC NEW COM	872540109	120,356	$9.6M	1.15%
34	EMERSON ELEC CO COM	EMR	99,604	$9.6M	1.15%
35	CUMMINS INC COM	CMI	39,097	$9.5M	1.14%
36	INTERCONTINENTAL EXCHANGE INC COM	45866F104	91,920	$9.4M	1.14%
37	GOLDMAN SACHS GROUP INC COM	GSCE	25,823	$8.9M	1.07%
38	EDWARDS LIFESCIENCES CORP COM	EW	117,124	$8.7M	1.05%
39	UNION PAC CORP COM	UNP	40,534	$8.4M	1.01%
40	PHILIP MORRIS INTL INC COM	718172109	81,749	$8.3M	1.00%
41	BECTON DICKINSON & CO COM	BDX	31,247	$7.9M	0.96%
42	BOEING CO COM	BA-PA	40,879	$7.8M	0.94%
43	TEXAS INSTRS INC COM	882508104	46,173	$7.6M	0.92%
44	FIRST REP BK SAN FRANCISCO CAL COM	33616C100	54,692	$6.7M	0.80%
45	ABBVIE INC COM	ABBV	39,363	$6.4M	0.77%
46	NORTHROP GRUMMAN CORP COM	NOC	11,259	$6.1M	0.74%
47	AON PLC SHS CL A	AON	20,036	$6.0M	0.72%
48	ADOBE SYSTEMS INCORPORATED COM	ADBE	17,480	$5.9M	0.71%
49	META PLATFORMS INC CL A	META	48,747	$5.9M	0.71%
50	EOG RES INC COM	EOG	44,648	$5.8M	0.70%
51	FARMERS NATIONAL BANC CORP COM	FMNB	401,592	$5.7M	0.68%
52	D R HORTON INC COM	23331A109	61,023	$5.4M	0.65%
53	PAYPAL HLDGS INC COM	PYPL	75,051	$5.3M	0.64%
54	MEDTRONIC PLC SHS	MDT	65,899	$5.1M	0.62%
55	ROPER TECHNOLOGIES INC COM	ROP	11,215	$4.8M	0.58%
56	BERKSHIRE HATHAWAY INC DEL CL A	BRK-A	10	$4.7M	0.56%
57	CIVISTA BANCSHARES INC COM NO PAR	CIVB	195,259	$4.3M	0.52%
58	CATERPILLAR INC COM	CAT	17,778	$4.3M	0.51%
59	DEERE & CO COM	DE	9,755	$4.2M	0.50%
60	PFIZER INC COM	PFE	78,182	$4.0M	0.48%
61	FLEETCOR TECHNOLOGIES INC COM	339041105	21,698	$4.0M	0.48%
62	SHERWIN WILLIAMS CO COM	SHW	16,426	$3.9M	0.47%
63	HUNTINGTON BANCSHARES INC COM	HBANP	268,780	$3.8M	0.46%
64	AUTOMATIC DATA PROCESSING INC COM	ADP	15,209	$3.6M	0.44%
65	ROCKWELL AUTOMATION INC COM	ROK	13,742	$3.5M	0.43%
66	CISCO SYS INC COM	CSCO	71,349	$3.4M	0.41%
67	AMERICAN ELEC PWR CO INC COM	025537101	35,585	$3.4M	0.41%
68	AIR PRODS & CHEMS INC COM	AIIR	10,481	$3.2M	0.39%
69	SMUCKER J M CO COM NEW	832696405	20,119	$3.2M	0.38%
70	SCHLUMBERGER LTD COM STK	SLB	59,137	$3.2M	0.38%
71	SALESFORCE INC COM	CRM	23,540	$3.1M	0.38%
72	DOMINION ENERGY INC COM	D	47,957	$2.9M	0.35%
73	BRISTOL-MYERS SQUIBB CO COM	CELG-RI	40,533	$2.9M	0.35%
74	VERIZON COMMUNICATIONS INC.	VZ	71,530	$2.8M	0.34%
75	BAXTER INTL INC COM	071813109	55,116	$2.8M	0.34%
76	CURTISS WRIGHT CORP COM	CW	15,752	$2.6M	0.32%
77	KEMPER CORP COM	KMPB	52,620	$2.6M	0.31%
78	TELEDYNE TECHNOLOGIES INC COM	TDY	6,314	$2.5M	0.30%
79	MCKESSON CORP COM	MCK	6,505	$2.4M	0.29%
80	AMERICAN EXPRESS CO COM	AXP	16,440	$2.4M	0.29%
81	NORFOLK SOUTHN CORP COM	655844108	8,669	$2.1M	0.26%
82	MARKEL CORP COM	MKL	1,620	$2.1M	0.26%
83	LAMAR ADVERTISING CO NEW CL A	LAMR	21,288	$2.0M	0.24%
84	GENERAL MLS INC COM	370334104	23,665	$2.0M	0.24%
85	AT&T INC COM	T-PC	107,519	$2.0M	0.24%
86	PIONEER NAT RES CO COM	723787107	8,492	$1.9M	0.23%
87	CSX CORP COM	CSX	60,795	$1.9M	0.23%
88	QUALCOMM INC COM	QCOM	17,064	$1.9M	0.23%
89	3M COMPANY	MMM	15,345	$1.8M	0.22%
90	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	874039100	24,567	$1.8M	0.22%
91	SENSATA TECHNOLOGIES HLDG PLC SHS	ST	44,467	$1.8M	0.22%
92	GENERAL ELECTRIC CO COM NEW	369604301	21,361	$1.8M	0.22%
93	WELLS FARGO CO NEW COM	949746101	42,261	$1.7M	0.21%
94	TRANE TECHNOLOGIES PLC SHS	TT	10,192	$1.7M	0.21%
95	SPDR S&P 500 ETF TRUST	SPY	4,467	$1.7M	0.21%
96	AUTODESK INC COM	ADSK	9,032	$1.7M	0.20%
97	EATON CORP PLC SHS	ETN	10,672	$1.7M	0.20%
98	NOVO-NORDISK A S ADR	NONOF	12,158	$1.6M	0.20%
99	VANGUARD DIVIDEND APPRECIATION ETF	921908844	10,407	$1.6M	0.19%
100	MONDELEZ INTL INC CL A	609207105	23,601	$1.6M	0.19%
101	VANGUARD ULTRA-SHORT BOND ETF	92203C303	30,825	$1.5M	0.18%
102	INTEL CORP COM	INTC	55,320	$1.5M	0.18%
103	TRUIST FINL CORP COM	89832Q109	32,441	$1.4M	0.17%
104	TRANSDIGM GROUP INC COM	TDG	2,212	$1.4M	0.17%
105	FEDEX CORP COM	FDX	7,904	$1.4M	0.16%
106	GENERAL DYNAMICS CORP COM	GD	5,235	$1.3M	0.16%
107	FIFTH THIRD BANCORP COM	FITBM	38,963	$1.3M	0.15%
108	INTERNATIONAL BUSINESS MACHS COM	INTR	9,058	$1.3M	0.15%
109	EASTERN BANKSHARES INC COM	EBC	71,803	$1.2M	0.15%
110	FREEPORT-MCMORAN INC CL B	FCX	31,904	$1.2M	0.15%
111	WALMART INC COM	WMT	8,513	$1.2M	0.15%
112	VANGUARD TOTAL STOCK MARKET ETF	922908769	6,224	$1.2M	0.14%
113	VANGUARD SMALL-CAP ETF	922908751	6,363	$1.2M	0.14%
114	SHELL PLC SPON ADS	RYDAF	20,155	$1.1M	0.14%
115	TRACTOR SUPPLY CO COM	TSCO	5,041	$1.1M	0.14%
116	LOEWS CORP COM	L	19,395	$1.1M	0.14%
117	TIMKEN CO COM	TKR	15,521	$1.1M	0.13%
118	MORGAN STANLEY COM NEW	MS-PQ	12,445	$1.1M	0.13%
119	BP PLC SPONSORED ADR	BPPFF	30,038	$1.0M	0.13%
120	KEYCORP COM	493267108	58,833	$1.0M	0.12%
121	PERMIAN BASIN RTY TR UNIT BEN INT	714236106	40,039	$1.0M	0.12%
122	VISA INC COM CL A	V	4,702	$976,939	0.12%
123	ALTRIA GROUP, INC.	MO	21,099	$964,435	0.12%
124	AMGEN INC COM	AMGN	3,499	$918,946	0.11%
125	NEXTERA ENERGY INC COM	NEE-PW	10,354	$865,584	0.10%
126	BROADCOM INC COM	AVGO	1,539	$860,501	0.10%
127	PIMCO ENHANCED SHORT MATURITY ACTIVE ETF	72201R833	8,326	$821,360	0.10%
128	DISH NETWORK CORPORATION CL A	25470M109	56,918	$799,129	0.10%
129	JOHNSON CTLS INTL PLC SHS	G51502105	12,069	$772,416	0.09%
130	ZOETIS INC CL A	ZTS	5,203	$762,500	0.09%
131	FOX CORP CL A COM	FOX	23,637	$717,856	0.09%
132	SYNCHRONY FINANCIAL COM	SYF-PB	21,777	$715,592	0.09%
133	WARNER BROS DISCOVERY INC COM SER A	WBD	74,015	$701,662	0.08%
134	ISHARES MSCI EAFE ETF	464287465	10,277	$674,581	0.08%
135	GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF	NVGLF	13,016	$645,008	0.08%
136	REPUBLIC SVCS INC COM	760759100	4,986	$643,144	0.08%
137	SPDR GOLD SHARES	GLD	3,780	$641,239	0.08%
138	AXON ENTERPRISE INC COM	AXON	3,860	$640,490	0.08%
139	VANGUARD FTSE EMERGING MARKETS ETF	922042858	15,882	$619,063	0.07%
140	Ponce Financial Group Inc.	PDLB	65,974	$614,878	0.07%
141	LOCKHEED MARTIN CORP COM	LMT	1,256	$610,971	0.07%
142	VANGUARD VALUE ETF	922908744	4,339	$609,065	0.07%
143	ORACLE CORP COM	ORCL-PD	7,416	$606,148	0.07%
144	HONEYWELL INTERNATIONAL INC.	438516106	2,707	$580,110	0.07%
145	ISHARES RUSSELL MIDCAP ETF	464287499	8,510	$574,000	0.07%
146	FS BANCORP INC COM	FSBW	16,790	$561,458	0.07%
147	RICHMOND MUT BANCORPORATION COM	76525P100	40,997	$533,371	0.06%
148	DUKE ENERGY CORP NEW COM NEW	DUKB	5,066	$521,794	0.06%
149	UNITEDHEALTH GROUP INC COM	UNH	984	$521,697	0.06%
150	CARRIER GLOBAL CORPORATION COM	CARR	12,561	$518,141	0.06%
151	INTUITIVE SURGICAL INC COM NEW	ISRG	1,909	$506,553	0.06%
152	PNC FINL SVCS GROUP INC COM	693475105	3,188	$503,513	0.06%
153	TIMKENSTEEL CORPORATION COM	MTUS	27,619	$501,837	0.06%
154	CROWDSTRIKE HLDGS INC CL A	CRWD	4,761	$501,286	0.06%
155	FIRSTENERGY CORP COM	FE	11,501	$482,352	0.06%
156	TARGET CORP COM	TGT	3,211	$478,567	0.06%
157	KINDER MORGAN INC DEL COM	EP-PC	25,848	$467,332	0.06%
158	SOUND FINL BANCORP INC COM	83607A100	11,080	$448,518	0.05%
159	EQUITY LIFESTYLE PPTYS INC COM	29472R108	6,862	$443,285	0.05%
160	MARATHON PETE CORP COM	MARA	3,735	$434,717	0.05%
161	LAUDER ESTEE COS INC CL A	518439104	1,751	$434,441	0.05%
162	ISHARES RUSSELL 1000 GROWTH ETF	464287614	2,024	$433,627	0.05%
163	LIBERTY GLOBAL PLC SHS CL C	LBTYK	21,979	$427,052	0.05%
164	ISHARES RUSSELL 2000 ETF	464287655	2,435	$424,588	0.05%
165	HV BANCORP INC COM	40441H105	14,826	$421,651	0.05%
166	ESSA BANCORP INC COM	29667D104	20,097	$419,424	0.05%
167	VANGUARD GROWTH ETF	922908736	1,883	$401,297	0.05%
168	NVIDIA CORPORATION COM	NVDA	2,687	$392,678	0.05%
169	BERKSHIRE HILLS BANCORP INC COM	BBT	12,796	$382,600	0.05%
170	WILLIAMS COS INC COM	969457100	11,575	$380,818	0.05%
171	ENTERPRISE BANCORP INC MASS COM	293668109	10,350	$365,355	0.04%
172	VANGUARD SHORT-TERM BOND ETF	921937827	4,464	$336,050	0.04%
173	NIKE INC CL B	NKE	2,869	$335,715	0.04%
174	SOUTHERN CO COM	SOMN	4,690	$334,913	0.04%
175	WASTE MGMT INC DEL COM	94106L109	2,105	$330,232	0.04%
176	RPM INTL INC COM	749685103	3,350	$326,458	0.04%
177	COLUMBIA FINL INC COM	197641103	14,864	$321,360	0.04%
178	CINCINNATI FINL CORP COM	172062101	3,079	$315,259	0.04%
179	UNILEVER PLC SPON ADR NEW	UNLYF	6,208	$312,573	0.04%
180	CHARTER COMMUNICATIONS INC NEW CL A	16119P108	896	$303,834	0.04%
181	CARDINAL HEALTH INC COM	CAH	3,715	$285,572	0.03%
182	BANK AMERICA CORP COM	060505104	8,567	$283,739	0.03%
183	MOODYS CORP COM	MCO	1,000	$278,620	0.03%
184	ISHARES CORE S&P 500 ETF	464287200	713	$273,942	0.03%
185	JPMORGAN ULTRA-SHORT INCOME ETF	46641Q837	5,400	$270,702	0.03%
186	THERMO FISHER SCIENTIFIC INC COM	TMO	486	$267,635	0.03%
187	LIBERTY MEDIA CORP DEL COM C SIRIUSXM	FWONB	6,807	$266,358	0.03%
188	AMERICAN WTR WKS CO INC NEW COM	030420103	1,739	$265,058	0.03%
189	AFLAC INC COM	AFL	3,612	$259,847	0.03%
190	HARBORONE BANCORP INC NEW COM NEW	41165Y100	18,027	$250,575	0.03%
191	JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF	46641Q654	4,945	$249,896	0.03%
192	LILLY ELI & CO COM	LLY	678	$248,040	0.03%
193	WEC ENERGY GROUP INC COM	WEC	2,628	$246,401	0.03%
194	STARBUCKS CORP COM	SBUX	2,446	$242,643	0.03%
195	SPDR S&P DIVIDEND ETF	78464A763	1,908	$238,765	0.03%
196	MILLICOM INTL CELLULAR S A COM STK	L6388F110	18,734	$236,610	0.03%
197	KRAFT HEINZ CO COM	KHC	5,708	$232,373	0.03%
198	HILLTOP HOLDINGS INC COM	HTH	7,720	$231,677	0.03%
199	BOGOTA FINL CORP COM	097235105	20,550	$229,749	0.03%
200	ISHARES CORE DIVIDEND GROWTH ETF	46434V621	4,593	$229,650	0.03%
201	PARKER-HANNIFIN CORP COM	PH	784	$228,027	0.03%
202	US BANCORP DEL COM NEW	USB-PS	5,222	$227,731	0.03%
203	CITIZENS CMNTY BANCORP INC MD COM	CIA	18,778	$225,899	0.03%
204	GILEAD SCIENCES INC COM	GILD	2,608	$223,897	0.03%
205	CNB FINL CORP PA COM	126128107	9,400	$223,626	0.03%
206	FLEXSHARES QUALITY DIVIDEND INDEX FUND	FLEX	4,090	$215,134	0.03%
207	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF	922020805	4,580	$213,932	0.03%
208	AMERICAN AIRLINES GROUP INC 6.5 07/01/2025	AAL	200,000	$211,208	0.03%
209	INDEPENDENT BK CORP MASS COM	453836108	2,454	$207,191	0.02%
210	BROOKLINE BANCORP INC DEL COM	11373M107	14,600	$206,590	0.02%
211	ISHARES S&P 100 ETF	464287101	1,210	$206,390	0.02%
212	LIBERTY BROADBAND CORP COM SER C	LBRDP	2,700	$205,929	0.02%
213	SUNCOR ENERGY INC NEW COM	SU	6,450	$204,659	0.02%
214	MALVERN BANCORP INC COM	561409103	10,947	$194,309	0.02%
215	BLUE FOUNDRY BANCORP COM	BLFY	15,010	$192,879	0.02%
216	FORD MTR CO DEL COM	345370860	16,006	$186,150	0.02%
217	BANC OF CALIFORNIA INC COM	BANC-PF	10,220	$162,805	0.02%
218	WESTERN NEW ENG BANCORP INC COM	958892101	11,933	$112,886	0.01%
219	AMERISERV FINL INC COM	03074A102	11,000	$43,230	0.01%
220	DIEBOLD NIXDORF INC COM STK	DBD	15,339	$21,781	0.00%