UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
12-31-2022
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:
Maple Capital Management, Inc.
Address:
535 STONE CUTTER'S WAY
MONTPELIER, VT 05602
Form 13F File Number:

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:
Evan I. Pemberton
Title:
Chief Compliance Officer
Phone:
802-229-2838


Signature, Place, and Date of Signing:

Evan I. Pemberton
                         [Signature]
Montpelier, VERMONT
                 [City, State]
02-13-2023
                           [Date]
                          

Report Type (Check only one.):

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

13F NOTICE. (Check here if no holdings reported are 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:
96
Form 13F Information table Value Total:
755188528
          (thousands)

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


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M COCOM88579Y101519,3744,331SHSOLE04,331 0 0
ABBOTT LABSCOM00282410018,517,600168,664SHSOLE0166,476 0 2,188
ABBVIE INCCOM00287Y109207,5071,284SHSOLE01,284 0 0
ACCENTURE PLC IRELANDSHS CLASS AG1151C10127,265,711102,180SHSOLE0101,469 0 711
ADOBE SYSTEMS INCORPORATEDCOM00724F1011,108,8663,295SHSOLE03,292 0 3
AIR PRODS & CHEMS INCCOM009158106280,517910SHSOLE0910 0 0
ALPHABET INCCAP STK CL A02079K305637,6387,227SHSOLE07,227 0 0
ALPHABET INCCAP STK CL C02079K10737,708,298424,978SHSOLE0419,632 0 5,346
AMAZON COM INCCOM02313510621,768,768259,152SHSOLE0257,196 0 1,956
AMERICAN EXPRESS COCOM02581610915,556,302105,288SHSOLE0104,587 0 701
APPLE INCCOM03783310061,386,045472,455SHSOLE0469,127 0 3,328
APPLIED MATLS INCCOM0382221057,297,75574,941SHSOLE074,499 0 442
ARROW FINL CORPCOM042744102204,3496,028SHSOLE06,028 0 0
AT&T INCCOM00206R102354,46619,254SHSOLE019,254 0 0
AUTOMATIC DATA PROCESSING INCOM053015103730,4343,058SHSOLE03,058 0 0
BECTON DICKINSON & COCOM075887109230,396906SHSOLE0906 0 0
BERKSHIRE HATHAWAY INC DELCL B NEW0846707022,014,3376,521SHSOLE06,521 0 0
BRISTOL-MYERS SQUIBB COCOM110122108444,6516,180SHSOLE06,180 0 0
CF INDS HLDGS INCCOM125269100456,8425,362SHSOLE05,362 0 0
CHEVRON CORP NEWCOM16676410014,924,59483,150SHSOLE082,481 0 669
CHIPOTLE MEXICAN GRILL INCCOM16965610511,276,1318,127SHSOLE08,048 0 79
CISCO SYS INCCOM17275R102776,63416,302SHSOLE015,877 0 425
CME GROUP INCCOM12572Q10510,499,03162,435SHSOLE061,936 0 499
COCA COLA COCOM191216100690,06110,848SHSOLE010,395 0 453
CONSTELLATION BRANDS INCCL A21036P10812,222,03252,738SHSOLE052,452 0 286
COSTCO WHSL CORP NEWCOM22160K10530,680,67067,208SHSOLE066,582 0 626
DANAHER CORPORATIONCOM23585110217,096,34664,412SHSOLE063,772 0 640
DISNEY WALT COCOM254687106467,0415,376SHSOLE05,376 0 0
DUPONT DE NEMOURS INCCOM26614N102254,7553,712SHSOLE03,348 0 364
ECOLAB INCCOM2788651005,821,67239,995SHSOLE039,676 0 319
EDWARDS LIFESCIENCES CORPCOM28176E108208,3862,793SHSOLE02,793 0 0
EXXON MOBIL CORPCOM30231G1021,887,23317,110SHSOLE017,110 0 0
FORD MTR CO DELCOM345370860152,31113,096SHSOLE013,096 0 0
GAMCO GLOBAL GOLD NAT RES &COM SH BEN INT36465A10936,30010,000SHSOLE010,000 0 0
HOME DEPOT INCCOM4370761026,919,79121,908SHSOLE021,686 0 222
HONEYWELL INTL INCCOM43851610627,870,677130,054SHSOLE0128,896 0 1,158
HORMEL FOODS CORPCOM440452100241,7795,308SHSOLE05,308 0 0
IDEXX LABS INCCOM45168D104258,239633SHSOLE0633 0 0
INTERNATIONAL BUSINESS MACHSCOM45920010116,139,501114,554SHSOLE0113,633 0 921
INTEST CORPCOM461147100133,55012,966SHSOLE012,966 0 0
INVESCO EXCH TRADED FD TR IISR LN ETF46138G508225,83011,000SHSOLE011,000 0 0
INVESCO QQQ TRUNIT SER 146090E103450,2791,691SHSOLE01,691 0 0
ISHARES TRCORE S&P TTL STK464287150351,2424,142SHSOLE04,142 0 0
ISHARES TRSP SMCP600VL ETF464287879319,5853,500SHSOLE03,500 0 0
ISHARES TRNATIONAL MUN ETF464288414495,9444,700SHSOLE04,700 0 0
ISHARES TRMSCI EAFE ETF4642874651,694,16825,810SHSOLE025,660 0 150
ISHARES TRCORE S&P MCP ETF464287507916,0373,787SHSOLE03,724 0 63
ISHARES TRCORE S&P SCP ETF464287804947,15710,008SHSOLE09,978 0 30
ISHARES TRCORE S&P500 ETF4642872002,911,1597,577SHSOLE07,577 0 0
JOHNSON & JOHNSONCOM47816010426,060,345147,525SHSOLE0146,332 0 1,193
JPMORGAN CHASE & COCOM46625H10024,681,105184,050SHSOLE0182,607 0 1,443
LILLY ELI & COCOM53245710820,154,81455,092SHSOLE054,489 0 603
LOCKHEED MARTIN CORPCOM5398301098,431,35817,331SHSOLE017,164 0 167
MASTERCARD INCORPORATEDCL A57636Q10426,228,74975,428SHSOLE074,689 0 739
MCCORMICK & CO INCCOM NON VTG579780206670,4148,088SHSOLE07,938 0 150
MCDONALDS CORPCOM580135101612,7072,325SHSOLE02,300 0 25
MEDTRONIC PLCSHSG5960L103297,1243,823SHSOLE03,823 0 0
MERCK & CO INCCOM58933Y1051,620,60314,607SHSOLE014,607 0 0
META PLATFORMS INCCL A30303M1029,366,18377,831SHSOLE077,305 0 526
MICROSOFT CORPCOM59491810457,659,331240,428SHSOLE0236,924 0 3,504
MOODYS CORPCOM615369105349,1111,253SHSOLE01,253 0 0
MORGAN STANLEYCOM NEW61744644820,210,869237,719SHSOLE0235,822 0 1,897
NEXTERA ENERGY INCCOM65339F101848,37310,148SHSOLE010,148 0 0
NIKE INCCL B65410610315,968,741136,473SHSOLE0135,544 0 929
NORFOLK SOUTHN CORPCOM655844108232,374943SHSOLE0943 0 0
NVIDIA CORPORATIONCOM67066G10412,816,63887,701SHSOLE086,919 0 782
PEPSICO INCCOM71344810817,234,13795,395SHSOLE094,693 0 702
PFIZER INCCOM7170811031,282,07625,021SHSOLE023,446 0 1,575
PNC FINL SVCS GROUP INCCOM6934751058,816,43255,821SHSOLE055,303 0 518
PROCTER AND GAMBLE COCOM7427181092,297,77015,161SHSOLE015,127 0 34
PROLOGIS INC.COM74340W103374,9403,326SHSOLE03,326 0 0
QUALCOMM INCCOM747525103390,9473,556SHSOLE03,556 0 0
ROPER TECHNOLOGIES INCCOM7766961061,812,6184,195SHSOLE04,116 0 79
S&P GLOBAL INCCOM78409V10412,935,79538,621SHSOLE038,230 0 391
SCHWAB STRATEGIC TRUS AGGREGATE B808524839341,5997,483SHSOLE07,483 0 0
SCHWAB STRATEGIC TRUS DIVIDEND EQ8085247972,019,35026,732SHSOLE026,732 0 0
SELECT SECTOR SPDR TRSBI INT-UTILS81369Y886446,5476,334SHSOLE06,334 0 0
SHERWIN WILLIAMS COCOM824348106645,5382,720SHSOLE02,720 0 0
SPDR S&P 500 ETF TRTR UNIT78462F1031,243,2803,251SHSOLE03,251 0 0
STARBUCKS CORPCOM8552441094,499,21645,355SHSOLE045,330 0 25
SUN CMNTYS INCCOM866674104212,0691,483SHSOLE01,483 0 0
TESLA INCCOM88160R101356,9762,898SHSOLE02,898 0 0
TEXAS INSTRS INCCOM88250810430,739,682186,053SHSOLE0184,919 0 1,134
TJX COS INC NEWCOM87254010922,966,573288,525SHSOLE0287,037 0 1,488
TRUSTMARK CORPCOM898402102748,05121,428SHSOLE021,428 0 0
UNION PAC CORPCOM907818108874,6644,224SHSOLE04,134 0 90
UNITEDHEALTH GROUP INCCOM91324P10234,615,14565,289SHSOLE064,770 0 519
VALERO ENERGY CORPCOM91913Y100234,3101,847SHSOLE01,847 0 0
VANGUARD BD INDEX FDSSHORT TRM BOND921937827359,5374,776SHSOLE04,776 0 0
VANGUARD INDEX FDSS&P 500 ETF SHS922908363219,588625SHSOLE0625 0 0
VANGUARD SPECIALIZED FUNDSDIV APP ETF921908844820,7495,405SHSOLE05,405 0 0
VERIZON COMMUNICATIONS INCCOM92343V1047,233,800183,599SHSOLE0182,335 0 1,264
VULCAN MATLS COCOM929160109305,3921,744SHSOLE01,744 0 0
WALMART INCCOM931142103267,3441,885SHSOLE01,885 0 0
WASTE MGMT INC DELCOM94106L109298,7001,904SHSOLE01,904 0 0
ZOETIS INCCL A98978V10310,828,87373,892SHSOLE073,378 0 514