# JLB & ASSOCIATES INC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1085227. Source: https://holderbook.com/funds/1085227-jlb-associates-inc/

- Reported value: $748.3M
- Positions: 68
- Weight of the ten largest: 44.2%
- Filed: 2026-08-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $53.0M | 175,739 | 7.1% | 24 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $46.0M | 260,640 | 6.1% | 31 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $40.1M | 50,435 | 5.4% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $35.7M | 123,528 | 4.8% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $33.7M | 222,503 | 4.5% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $27.8M | 54,083 | 3.7% | 31 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $25.8M | 121,145 | 3.4% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $23.2M | 64,097 | 3.1% | 31 |
| SEI INVTS CO | [SEIC](https://holderbook.com/stocks/SEIC/) | $22.9M | 261,576 | 3.1% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $22.4M | 152,841 | 3.0% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $20.6M | 55,263 | 2.8% | 31 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $19.8M | 214,638 | 2.6% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $19.8M | 41,380 | 2.6% | 31 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $19.4M | 58,493 | 2.6% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $19.0M | 53,802 | 2.5% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $18.2M | 15,214 | 2.4% | 31 |
| EXPEDITORS INTL WASH INC | [EXPD](https://holderbook.com/stocks/EXPD/) | $17.4M | 106,830 | 2.3% | 31 |
| PACKAGING CORP AMER | [PKG](https://holderbook.com/stocks/PKG/) | $16.2M | 67,916 | 2.2% | 31 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $16.2M | 73,974 | 2.2% | 31 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $15.2M | 29,857 | 2.0% | 30 |
| GRACO INC | [GGG](https://holderbook.com/stocks/GGG/) | $14.3M | 189,294 | 1.9% | 31 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $13.5M | 55,624 | 1.8% | 31 |
| ROLLINS INC | [ROL](https://holderbook.com/stocks/ROL/) | $13.3M | 318,701 | 1.8% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $12.5M | 33,064 | 1.7% | 9 |
| MUELLER INDS INC | [MLI](https://holderbook.com/stocks/MLI/) | $12.0M | 97,449 | 1.6% | 3 |
| ENSIGN GROUP INC | [ENSG](https://holderbook.com/stocks/ENSG/) | $11.6M | 72,090 | 1.5% | 2 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $10.0M | 209,088 | 1.3% | 31 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $9.6M | 340,219 | 1.3% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $9.5M | 70,438 | 1.3% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $9.4M | 37,301 | 1.3% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $7.8M | 23,081 | 1.0% | 19 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $7.7M | 46,083 | 1.0% | 31 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $7.5M | 21,696 | 1.0% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $7.2M | 12,826 | 1.0% | 9 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $6.8M | 21,723 | 0.9% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $6.3M | 18,403 | 0.8% | 31 |
| WILLIAMS SONOMA INC | [WSM](https://holderbook.com/stocks/WSM/) | $5.9M | 25,360 | 0.8% | 4 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $5.9M | 49,235 | 0.8% | 31 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $5.2M | 9,861 | 0.7% | 3 |
| PRIMERICA INC | [PRI](https://holderbook.com/stocks/PRI/) | $5.0M | 17,644 | 0.7% | 12 |
| ALLEGION PLC | [ALLE](https://holderbook.com/stocks/ALLE/) | $4.9M | 35,020 | 0.7% | 23 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $4.4M | 37,037 | 0.6% | 14 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $4.2M | 58,274 | 0.6% | 1 |
| ITURAN LOCATION AND CONTROL | [ITRN](https://holderbook.com/stocks/ITRN/) | $3.3M | 53,844 | 0.4% | 1 |
| SERVICE CORP INTL | [SCI](https://holderbook.com/stocks/SCI/) | $3.1M | 41,386 | 0.4% | 3 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $2.8M | 2,870 | 0.4% | 3 |
| EXELIXIS INC | [EXEL](https://holderbook.com/stocks/EXEL/) | $2.7M | 48,849 | 0.4% | 1 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $2.6M | 21,118 | 0.4% | 3 |
| LAUREATE ED INC | [LAUR](https://holderbook.com/stocks/LAUR/) | $2.4M | 65,419 | 0.3% | 2 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $2.3M | 5,418 | 0.3% | 1 |
| TORO CO | [TTC](https://holderbook.com/stocks/TTC/) | $2.2M | 22,915 | 0.3% | 31 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $2.2M | 18,233 | 0.3% | 10 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $2.2M | 16,044 | 0.3% | 29 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $2.1M | 18,668 | 0.3% | 1 |
| CBOE GLOBAL MKTS INC | [CBOE](https://holderbook.com/stocks/CBOE/) | $2.0M | 8,118 | 0.3% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.9M | 9,717 | 0.3% | 8 |
| METTLER TOLEDO INTERNATIONAL | [MTD](https://holderbook.com/stocks/MTD/) | $1.7M | 1,311 | 0.2% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.6M | 1,677 | 0.2% | 1 |
| GILDAN ACTIVEWEAR INC | [GIL](https://holderbook.com/stocks/GIL/) | $1.4M | 27,440 | 0.2% | 2 |
| NEWMARKET CORP | [NEU](https://holderbook.com/stocks/NEU/) | $1.1M | 1,438 | 0.2% | 5 |
| COGNIZANT TECHNOLOGY SOLUTIO | [CTSH](https://holderbook.com/stocks/CTSH/) | $800.1K | 20,658 | 0.1% | 31 |
| EAGLE MATLS INC | [EXP](https://holderbook.com/stocks/EXP/) | $689.4K | 3,064 | 0.1% | 6 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $591.0K | 555 | 0.1% | 1 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $532.3K | 2,414 | 0.1% | 31 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $507.1K | 1,351 | 0.1% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $360.8K | 1,514 | 0.0% | 1 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $281.2K | 2,562 | 0.0% | 31 |
| TE CONNECTIVITY PLC | [TEL](https://holderbook.com/stocks/TEL/) | $252.0K | 1,250 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.1% | +14.8% | -5.7% | 100% |
| Q1 2026 | -3.0% | -4.6% | +1.6% | 100% |
| Q4 2025 | -0.2% | +2.4% | -2.6% | 94% |
| Q3 2025 | +7.8% | +7.8% | +0.0% | 94% |
| Q2 2025 | +4.6% | +10.5% | -5.8% | 93% |
| Q1 2025 | -1.2% | -4.6% | +3.4% | 93% |
| Q4 2024 | -3.1% | +2.1% | -5.3% | 93% |
| Q3 2024 | +5.8% | +5.4% | +0.4% | 94% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $748.3M | 68 |
| Q1 2026 | $696.4M | 70 |
| Q4 2025 | $741.3M | 71 |
| Q3 2025 | $760.4M | 74 |
| Q2 2025 | $717.1M | 75 |
| Q1 2025 | $717.1M | 75 |
| Q4 2024 | $736.6M | 78 |
| Q3 2024 | $777.2M | 80 |
| Q2 2024 | $740.7M | 81 |
| Q1 2024 | $752.0M | 79 |
| Q4 2023 | $695.8M | 78 |
| Q3 2023 | $637.8M | 78 |