Maple Capital Management, Inc. Buys Elanco Animal Health Inc, Marathon Petroleum Corp, Schwab US Dividend Equity, Sells SunTrust Banks Inc, Chipotle Mexican Grill Inc, United Technologies Corp

• New Purchases: ELAN, SCHD, DBC, VMC, MCO, NVS, LIN, FB, AEP, PAYX, EL, SCHX, CHK, WPRT,
• Added Positions: AAPL, MPC, BA, AMZN, CME, ACN, TXN, UNH, MKC, IWN, DLTR, F, MCD, CSCO, GS, MDT, BRK.B, FGD, BSV, HON, HD, JPM, DFS, EEM, LMT, MMM, GOOGL, BMY, IWM, AFL, SCHE, SCHZ,
• Reduced Positions: STI, CMG, UTX, BAC, LLY, PG, IBM, OXY, MSFT, ABT, COST, MA, KEY, PFE, CF, KMB, GE, XOM, FITB, LPT, WPC, JNJ, CBU, SUI, BCE, QCOM, PNC, TJX, GMS, EMR, T, KO, ET, RHT, CVX, IJH, WM, ADP, MRK, APD, IQV, CELG, UNP, TMO, IJR, SHW, IWD, QQQ, KELYA, EFA, TIP, BDX, DEO, ITW, RTN, HRL, VWO,
• Sold Out: NSRGY, PDER, WELL, PPL, COP, ICE,

For the details of Maple Capital Management, Inc.'s stock buys and sells, go to https://www.gurufocus.com/guru/maple+capital+management%2C+inc./current-portfolio/portfolio

1. Microsoft Corp (MSFT) - 193,934 shares, 5.39% of the total portfolio. Shares reduced by 1.94%
2. Alphabet Inc (GOOG) - 15,620 shares, 4.31% of the total portfolio. Shares added by 0.36%
3. Apple Inc (AAPL) - 85,640 shares, 3.83% of the total portfolio. Shares added by 7.73%
4. Mastercard Inc (MA) - 68,113 shares, 3.78% of the total portfolio. Shares reduced by 1.98%
5. Abbott Laboratories (ABT) - 190,229 shares, 3.58% of the total portfolio. Shares reduced by 2.6%

Maple Capital Management, Inc. initiated holding in Elanco Animal Health Inc. The purchase prices were between $29 and $32.83, with an estimated average price of $30.78. The stock is now traded at around $32.75. The impact to a portfolio due to this purchase was 0.34%. The holding were 44,919 shares as of .

Maple Capital Management, Inc. initiated holding in Schwab US Dividend Equity. The purchase prices were between $46.05 and $52.53, with an estimated average price of $50.4. The stock is now traded at around $52.18. The impact to a portfolio due to this purchase was 0.12%. The holding were 9,553 shares as of .

Maple Capital Management, Inc. initiated holding in Invesco DB Commodity Index Tracking Fund. The purchase prices were between $14.53 and $16.16, with an estimated average price of $15.65. The stock is now traded at around $15.96. The impact to a portfolio due to this purchase was 0.1%. The holding were 27,000 shares as of .

Maple Capital Management, Inc. initiated holding in Moody's Corporation. The purchase prices were between $136.18 and $181.99, with an estimated average price of $163.94. The stock is now traded at around $186.65. The impact to a portfolio due to this purchase was 0.06%. The holding were 1,428 shares as of .

Maple Capital Management, Inc. initiated holding in Novartis AG. The purchase prices were between $73.8 and $84.4, with an estimated average price of $78.6. The stock is now traded at around $81.55. The impact to a portfolio due to this purchase was 0.06%. The holding were 2,603 shares as of .

Maple Capital Management, Inc. initiated holding in Linde PLC. The purchase prices were between $152.29 and $176.63, with an estimated average price of $165.92. The stock is now traded at around $180.86. The impact to a portfolio due to this purchase was 0.06%. The holding were 1,465 shares as of .

Maple Capital Management, Inc. added to a holding in Marathon Petroleum Corp by 39.96%. The purchase prices were between $57.5 and $67.18, with an estimated average price of $62.95. The stock is now traded at around $51.19. The impact to a portfolio due to this purchase was 0.19%. The holding were 47,638 shares as of .

Maple Capital Management, Inc. added to a holding in Ford Motor Co by 202.62%. The purchase prices were between $7.65 and $8.99, with an estimated average price of $8.57. The stock is now traded at around $10.36. The impact to a portfolio due to this purchase was 0.06%. The holding were 44,806 shares as of .

Maple Capital Management, Inc. added to a holding in McDonald's Corp by 62.07%. The purchase prices were between $173.97 and $189.9, with an estimated average price of $181.41. The stock is now traded at around $199.07. The impact to a portfolio due to this purchase was 0.05%. The holding were 3,076 shares as of .

Maple Capital Management, Inc. added to a holding in Cisco Systems Inc by 22.04%. The purchase prices were between $41.07 and $53.99, with an estimated average price of $48.46. The stock is now traded at around $52.44. The impact to a portfolio due to this purchase was 0.05%. The holding were 19,587 shares as of .

Maple Capital Management, Inc. added to a holding in Berkshire Hathaway Inc by 21.49%. The purchase prices were between $191.66 and $209.19, with an estimated average price of $201.99. The stock is now traded at around $202.98. The impact to a portfolio due to this purchase was 0.04%. The holding were 5,071 shares as of .

Maple Capital Management, Inc. added to a holding in First Trust DJ Global Select Dividend by 25.57%. The purchase prices were between $21.69 and $24.07, with an estimated average price of $23.31. The stock is now traded at around $23.19. The impact to a portfolio due to this purchase was 0.03%. The holding were 28,725 shares as of .

Maple Capital Management, Inc. sold out a holding in Nestle SA. The sale prices were between $80.17 and $96.2, with an estimated average price of $88.57.

Maple Capital Management, Inc. sold out a holding in Pardee Resources Co Inc. The sale prices were between $162 and $179.88, with an estimated average price of $170.5.

Maple Capital Management, Inc. sold out a holding in Welltower Inc. The sale prices were between $67.29 and $78.72, with an estimated average price of $74.94.

Maple Capital Management, Inc. sold out a holding in PPL Corp. The sale prices were between $28.01 and $32.74, with an estimated average price of $31.02.

Maple Capital Management, Inc. sold out a holding in ConocoPhillips. The sale prices were between $62.18 and $70.65, with an estimated average price of $67.25.

Maple Capital Management, Inc. sold out a holding in Intercontinental Exchange Inc. The sale prices were between $72.15 and $77.52, with an estimated average price of $74.94.