# EDGAR Filing Document

**Accession Number:** 0001570396
**File Stem:** 0001570396-26-000003
**Filing Date:** 2026-1
**Character Count:** 12215
**Document Hash:** 42d6daf514cb23eedddc614daf060d90
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001570396-26-000003.hdr.sgml**: 20260126

**ACCESSION NUMBER**: 0001570396-26-000003

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260126

**DATE AS OF CHANGE**: 20260126

**EFFECTIVENESS DATE**: 20260126

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lipe & Dalton
- **CENTRAL INDEX KEY:** 0001570396

**ORGANIZATION NAME:**
- **EIN:** 201558162
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15448
- **FILM NUMBER:** 26560371

**BUSINESS ADDRESS:**
- **STREET 1:** 103 EAST WATER STREET
- **STREET 2:** SUITE 305
- **CITY:** SYRACUSE
- **STATE:** NY
- **ZIP:** 13202
- **BUSINESS PHONE:** 315 428-8585

**MAIL ADDRESS:**
- **STREET 1:** 103 EAST WATER STREET
- **STREET 2:** SUITE 305
- **CITY:** SYRACUSE
- **STATE:** NY
- **ZIP:** 13202

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Lipe  Dalton<br>**Address:** 103 EAST WATER STREET<br>SUITE 305<br>SYRACUSE, NY 13202

**Form 13F File Number:** 028-15448

**CRD Number (if applicable):** 000132737

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Willard C Lipe III<br>**Title:** CEO/CCO<br>**Phone:** 3152564306

**Signature, Place, and Date of Signing:**

Willard C. Lipe III  Manlius, NY  01-26-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 95

**Form 13F Information Table Value Total:** $202434

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Abbott Laboratories | cs | 002824100 |  | 128 | 1020 | SH |  | SOLE |  | 0 | 0 | 1020 |
| AbbVie Inc | cs | 00287y109 |  | 4388 | 19205 | SH |  | SOLE |  | 0 | 0 | 19205 |
| Accenture PLC Ireland Class A | cs | g1151c101 |  | 1611 | 6005 | SH |  | SOLE |  | 0 | 0 | 6005 |
| Advanced Micro Devices Inc | cs | 007903107 |  | 81 | 380 | SH |  | SOLE |  | 0 | 0 | 380 |
| Alphabet Inc Cap Stock Cl A | cs | 02079k305 |  | 80 | 257 | SH |  | SOLE |  | 0 | 0 | 257 |
| Alphabet Inc Cap Stock Cl C | cs | 02079k107 |  | 16412 | 52302 | SH |  | SOLE |  | 0 | 0 | 52302 |
| Amazon.com Inc | cs | 023135106 |  | 2092 | 9063 | SH |  | SOLE |  | 0 | 0 | 9063 |
| Amentum Holdings Inc | cs | 023939101 |  | 317 | 10916 | SH |  | SOLE |  | 0 | 0 | 10916 |
| Amgen Inc | cs | 031162100 |  | 2745 | 8386 | SH |  | SOLE |  | 0 | 0 | 8386 |
| Apa Corporation Com | cs | 03743q108 |  | 674 | 27540 | SH |  | SOLE |  | 0 | 0 | 27540 |
| Apple Inc | cs | 037833100 |  | 18190 | 66911 | SH |  | SOLE |  | 0 | 0 | 66911 |
| Bank N S Halifax | cs | 064149107 |  | 9 | 125 | SH |  | SOLE |  | 0 | 0 | 125 |
| Baxter Intl Inc | cs | 071813109 |  | 2320 | 121415 | SH |  | SOLE |  | 0 | 0 | 121415 |
| Berkshire Hathaway Inc Cl B | cs | 084670702 |  | 276 | 550 | SH |  | SOLE |  | 0 | 0 | 550 |
| Blackstone Inc | cs | 09260d107 |  | 154 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| Boeing Co | cs | 097023105 |  | 6134 | 28251 | SH |  | SOLE |  | 0 | 0 | 28251 |
| BorgWarner Inc | cs | 099724106 |  | 3374 | 74870 | SH |  | SOLE |  | 0 | 0 | 74870 |
| Bristol Myers Squibb Co | cs | 110122108 |  | 43 | 800 | SH |  | SOLE |  | 0 | 0 | 800 |
| BROADCOM INC COM | cs | 11135f101 |  | 105 | 304 | SH |  | SOLE |  | 0 | 0 | 304 |
| Brookfield Asset Managmt Ltd C | cs | 113004105 |  | 2336 | 44591 | SH |  | SOLE |  | 0 | 0 | 44591 |
| Brookfield Corp Cl A | cs | 11271j107 |  | 7755 | 168986 | SH |  | SOLE |  | 0 | 0 | 168986 |
| Canadian Imperial Bank Comm To | cs | 136069101 |  | 7309 | 80660 | SH |  | SOLE |  | 0 | 0 | 80660 |
| Capital One Financial Corp | cs | 14040h105 |  | 347 | 1430 | SH |  | SOLE |  | 0 | 0 | 1430 |
| Carrier Global Corporation | cs | 14448c104 |  | 755 | 14293 | SH |  | SOLE |  | 0 | 0 | 14293 |
| Cisco Systems Inc | cs | 17275r102 |  | 345 | 4484 | SH |  | SOLE |  | 0 | 0 | 4484 |
| Coca-Cola Co | cs | 191216100 |  | 112 | 1600 | SH |  | SOLE |  | 0 | 0 | 1600 |
| community bk sys inc com | cs | 203607106 |  | 52 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| CVS Health Corp | cs | 126650100 |  | 2115 | 26657 | SH |  | SOLE |  | 0 | 0 | 26657 |
| Danaher Corp | cs | 235851102 |  | 4954 | 21641 | SH |  | SOLE |  | 0 | 0 | 21641 |
| Deere  Co | cs | 244199105 |  | 3428 | 7363 | SH |  | SOLE |  | 0 | 0 | 7363 |
| Disney Walt Co Disney | cs | 254687106 |  | 168 | 1480 | SH |  | SOLE |  | 0 | 0 | 1480 |
| Duke Energy Corp | cs | 26441c204 |  | 28 | 243 | SH |  | SOLE |  | 0 | 0 | 243 |
| Eaton Corp PLC | cs | g29183103 |  | 2984 | 9370 | SH |  | SOLE |  | 0 | 0 | 9370 |
| Emerson Electric Co | cs | 291011104 |  | 4268 | 32155 | SH |  | SOLE |  | 0 | 0 | 32155 |
| Exxon Mobil Corp | cs | 30231g102 |  | 239 | 1983 | SH |  | SOLE |  | 0 | 0 | 1983 |
| F5 Inc Com | cs | 315616102 |  | 901 | 3530 | SH |  | SOLE |  | 0 | 0 | 3530 |
| Fortive Corp | cs | 34959j108 |  | 344 | 6226 | SH |  | SOLE |  | 0 | 0 | 6226 |
| GE Healthcare Technologies Inc | cs | 36266g107 |  | 782 | 9529 | SH |  | SOLE |  | 0 | 0 | 9529 |
| General Electric Co New | cs | 369604301 |  | 102 | 332 | SH |  | SOLE |  | 0 | 0 | 332 |
| Goldman Sachs Group Inc | cs | 38141g104 |  | 13211 | 15029 | SH |  | SOLE |  | 0 | 0 | 15029 |
| Henry Jack  Assoc Inc | cs | 426281101 |  | 3713 | 20350 | SH |  | SOLE |  | 0 | 0 | 20350 |
| Hershey Co | cs | 427866108 |  | 5646 | 31023 | SH |  | SOLE |  | 0 | 0 | 31023 |
| Home Depot Inc | cs | 437076102 |  | 282 | 820 | SH |  | SOLE |  | 0 | 0 | 820 |
| Idexx Laboratories Inc | cs | 45168d104 |  | 534 | 790 | SH |  | SOLE |  | 0 | 0 | 790 |
| Intel Corp | cs | 458140100 |  | 3370 | 91333 | SH |  | SOLE |  | 0 | 0 | 91333 |
| Intl Business Machines | cs | 459200101 |  | 30 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| Jacobs Solutions Inc | cs | 46982l108 |  | 1391 | 10504 | SH |  | SOLE |  | 0 | 0 | 10504 |
| Johnson  Johnson | cs | 478160104 |  | 1850 | 8940 | SH |  | SOLE |  | 0 | 0 | 8940 |
| JPMorgan Chase  Co | cs | 46625h100 |  | 511 | 1585 | SH |  | SOLE |  | 0 | 0 | 1585 |
| KLA-Tencor Corp | cs | 482480100 |  | 365 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| Kroger Co | cs | 501044101 |  | 625 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| Lilly Eli  Co | cs | 532457108 |  | 14 | 13 | SH |  | SOLE |  | 0 | 0 | 13 |
| Lockheed Martin Corp | cs | 539830109 |  | 2104 | 4350 | SH |  | SOLE |  | 0 | 0 | 4350 |
| LyondellBasell Industries NV A | cs | n53745100 |  | 1309 | 30240 | SH |  | SOLE |  | 0 | 0 | 30240 |
| Martin Marietta Materials Inc | cs | 573284106 |  | 2468 | 3963 | SH |  | SOLE |  | 0 | 0 | 3963 |
| Masco Corp | cs | 574599106 |  | 3225 | 50825 | SH |  | SOLE |  | 0 | 0 | 50825 |
| MasterCard Incorporated Cl A | cs | 57636q104 |  | 209 | 366 | SH |  | SOLE |  | 0 | 0 | 366 |
| McDonalds Corp | cs | 580135101 |  | 533 | 1743 | SH |  | SOLE |  | 0 | 0 | 1743 |
| Medtronic PLC | cs | g5960l103 |  | 1033 | 10750 | SH |  | SOLE |  | 0 | 0 | 10750 |
| Merck  Co Inc | cs | 58933y105 |  | 1055 | 10023 | SH |  | SOLE |  | 0 | 0 | 10023 |
| Meta Platforms Inc Cl A | cs | 30303m102 |  | 1735 | 2629 | SH |  | SOLE |  | 0 | 0 | 2629 |
| Micron Technology Inc | cs | 595112103 |  | 34 | 120 | SH |  | SOLE |  | 0 | 0 | 120 |
| Microsoft Corp | cs | 594918104 |  | 2767 | 5721 | SH |  | SOLE |  | 0 | 0 | 5721 |
| Mondelez Intl Inc Cl A | cs | 609207105 |  | 52 | 971 | SH |  | SOLE |  | 0 | 0 | 971 |
| Morgan Stanley | cs | 617446448 |  | 3714 | 20923 | SH |  | SOLE |  | 0 | 0 | 20923 |
| Mosaic Co | cs | 61945c103 |  | 2774 | 115145 | SH |  | SOLE |  | 0 | 0 | 115145 |
| Netflix Inc | cs | 64110l106 |  | 134 | 1430 | SH |  | SOLE |  | 0 | 0 | 1430 |
| NVIDIA Corp | cs | 67066g104 |  | 737 | 3951 | SH |  | SOLE |  | 0 | 0 | 3951 |
| Oneok Inc | cs | 682680103 |  | 2679 | 36452 | SH |  | SOLE |  | 0 | 0 | 36452 |
| Oracle Corp | cs | 68389x105 |  | 1446 | 7421 | SH |  | SOLE |  | 0 | 0 | 7421 |
| Palo Alto Networks Inc | cs | 697435105 |  | 368 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| PepsiCo Inc | cs | 713448108 |  | 322 | 2245 | SH |  | SOLE |  | 0 | 0 | 2245 |
| Pfizer Inc | cs | 717081103 |  | 123 | 4954 | SH |  | SOLE |  | 0 | 0 | 4954 |
| Procter And Gamble Co | cs | 742718109 |  | 251 | 1750 | SH |  | SOLE |  | 0 | 0 | 1750 |
| Qualcomm Inc | cs | 747525103 |  | 1594 | 9316 | SH |  | SOLE |  | 0 | 0 | 9316 |
| Regeneron Pharmaceuticals | cs | 75886f107 |  | 239 | 309 | SH |  | SOLE |  | 0 | 0 | 309 |
| Rtx Corporation Com | cs | 75513e101 |  | 4898 | 26709 | SH |  | SOLE |  | 0 | 0 | 26709 |
| Siriusxm Holdings Inc Common S | cs | 829933100 |  | 390 | 19525 | SH |  | SOLE |  | 0 | 0 | 19525 |
| Snap On Inc | cs | 833034101 |  | 5541 | 16080 | SH |  | SOLE |  | 0 | 0 | 16080 |
| TC Energy Corp | cs | 87807b107 |  | 2815 | 51172 | SH |  | SOLE |  | 0 | 0 | 51172 |
| Te Connectivity Plc | cs | g87052109 |  | 7940 | 34898 | SH |  | SOLE |  | 0 | 0 | 34898 |
| The Cigna Group | cs | 125523100 |  | 1296 | 4708 | SH |  | SOLE |  | 0 | 0 | 4708 |
| Thermo Fisher Scientific Inc | cs | 883556102 |  | 5273 | 9100 | SH |  | SOLE |  | 0 | 0 | 9100 |
| U Haul Holding Company Com Ser | cs | 023586506 |  | 685 | 14665 | SH |  | SOLE |  | 0 | 0 | 14665 |
| Union Pacific Corp | cs | 907818108 |  | 26 | 112 | SH |  | SOLE |  | 0 | 0 | 112 |
| Veralto Corp | cs | 92338c103 |  | 689 | 6910 | SH |  | SOLE |  | 0 | 0 | 6910 |
| Verizon Communications Inc | cs | 92343v104 |  | 684 | 16783 | SH |  | SOLE |  | 0 | 0 | 16783 |
| Vertex Pharmaceuticals Inc | cs | 92532f100 |  | 1812 | 3996 | SH |  | SOLE |  | 0 | 0 | 3996 |
| Visa Inc Cl A | cs | 92826c839 |  | 2389 | 6811 | SH |  | SOLE |  | 0 | 0 | 6811 |
| Wal-Mart Stores Inc | cs | 931142103 |  | 25 | 224 | SH |  | SOLE |  | 0 | 0 | 224 |
| Wells Fargo  Co | cs | 949746101 |  | 1383 | 14838 | SH |  | SOLE |  | 0 | 0 | 14838 |
| Whirlpool Corp | cs | 963320106 |  | 728 | 10090 | SH |  | SOLE |  | 0 | 0 | 10090 |
| Yum Brands Inc | cs | 988498101 |  | 4176 | 27607 | SH |  | SOLE |  | 0 | 0 | 27607 |
| Zoetis Inc Cl A | cs | 98978v103 |  | 578 | 4596 | SH |  | SOLE |  | 0 | 0 | 4596 |
| South Bow Corp Com | cs | 83671m105 |  | 202 | 10074 | SH |  | SOLE |  | 0 | 0 | 10074 |

---