# NORRIS PERNE & FRENCH LLP/MI

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1092290. Source: https://holderbook.com/funds/1092290-norris-perne-french-llp-mi/

- Reported value: $2.3B
- Positions: 156
- Weight of the ten largest: 54.8%
- Filed: 2026-07-21

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 |
|---|---|---|---|---|---|
| ELEVATION SERIES TRUST | [NPFE](https://holderbook.com/stocks/NPFE/) | $636.2M | 22,911,037 | 27.1% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $118.5M | 317,586 | 5.1% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $101.2M | 139,995 | 4.3% | 24 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $89.8M | 251,297 | 3.8% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $71.4M | 149,536 | 3.0% | 9 |
| BALL CORP | [BALL](https://holderbook.com/stocks/BALL/) | $62.0M | 993,938 | 2.6% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $54.4M | 228,227 | 2.3% | 31 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $53.1M | 134,736 | 2.3% | 16 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $51.5M | 270,352 | 2.2% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $47.4M | 94,671 | 2.0% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $46.5M | 135,653 | 2.0% | 31 |
| ALLISON TRANSMISSION HLDGS I | [ALSN](https://holderbook.com/stocks/ALSN/) | $46.0M | 407,743 | 2.0% | 21 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $45.6M | 227,943 | 1.9% | 14 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $44.2M | 146,647 | 1.9% | 16 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $42.8M | 57,167 | 1.8% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $42.3M | 81,495 | 1.8% | 14 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $41.1M | 319,460 | 1.8% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $36.7M | 144,696 | 1.6% | 31 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $36.4M | 133,795 | 1.6% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $34.7M | 155,624 | 1.5% | 31 |
| KNIGHT-SWIFT TRANSN HLDGS IN | [KNX](https://holderbook.com/stocks/KNX/) | $33.2M | 426,407 | 1.4% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $30.3M | 59,090 | 1.3% | 13 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $29.6M | 326,464 | 1.3% | 31 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $28.2M | 101,125 | 1.2% | 31 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $25.5M | 74,024 | 1.1% | 9 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $24.8M | 54,691 | 1.1% | 31 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $24.4M | 58,872 | 1.0% | 21 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $24.0M | 47,793 | 1.0% | 31 |
| VERISK ANALYTICS INC | [VRSK](https://holderbook.com/stocks/VRSK/) | $23.5M | 130,843 | 1.0% | 21 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $19.4M | 251,497 | 0.8% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $19.2M | 45,169 | 0.8% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $18.0M | 62,373 | 0.8% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $18.0M | 51,011 | 0.8% | 31 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $16.7M | 112,697 | 0.7% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $16.7M | 109,957 | 0.7% | 23 |
| TRIMBLE INC | [TRMB](https://holderbook.com/stocks/TRMB/) | $16.5M | 322,340 | 0.7% | 24 |
| NORDSON CORP | [NDSN](https://holderbook.com/stocks/NDSN/) | $16.5M | 54,641 | 0.7% | 22 |
| SS&C TECH HLDGS | [SSNC](https://holderbook.com/stocks/SSNC/) | $15.4M | 248,258 | 0.7% | 23 |
| ZEBRA TECHNOLOGIES CORPORATI | [ZBRA](https://holderbook.com/stocks/ZBRA/) | $14.8M | 56,281 | 0.6% | 24 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $14.7M | 46,771 | 0.6% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $13.5M | 63,624 | 0.6% | 6 |
| ENTEGRIS INC | [ENTG](https://holderbook.com/stocks/ENTG/) | $13.1M | 72,610 | 0.6% | 1 |
| EPAM SYS INC | [EPAM](https://holderbook.com/stocks/EPAM/) | $12.4M | 156,314 | 0.5% | 12 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $11.3M | 55,043 | 0.5% | 31 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $10.6M | 119,639 | 0.5% | 6 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $9.6M | 22,541 | 0.4% | 31 |
| TYLER TECHNOLOGIES INC | [TYL](https://holderbook.com/stocks/TYL/) | $9.4M | 32,028 | 0.4% | 10 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $8.1M | 11,248 | 0.3% | 20 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $7.7M | 21,930 | 0.3% | 31 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $7.6M | 44,882 | 0.3% | 5 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $7.1M | 56,858 | 0.3% | 19 |
| HUBSPOT INC | [HUBS](https://holderbook.com/stocks/HUBS/) | $6.1M | 33,640 | 0.3% | 16 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $5.4M | 9,552 | 0.2% | 7 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $5.3M | 74,416 | 0.2% | 31 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $4.5M | 54,208 | 0.2% | 6 |
| WELLS FARGO & CO | [WFCPRL](https://holderbook.com/stocks/WFCPRL/) | $3.6M | 3,073 | 0.2% | 19 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.2M | 9,917 | 0.1% | 31 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $3.2M | 70,059 | 0.1% | 21 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $3.0M | 50,305 | 0.1% | 31 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $2.6M | 21,932 | 0.1% | 9 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $2.6M | 30,055 | 0.1% | 19 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $2.4M | 23,422 | 0.1% | 6 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $2.2M | 9,396 | 0.1% | 21 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.8M | 2,692 | 0.1% | 4 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $1.8M | 22,490 | 0.1% | 4 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.8M | 1,961 | 0.1% | 31 |
| WINTRUST FINL CORP | [WTFC](https://holderbook.com/stocks/WTFC/) | $1.6M | 10,169 | 0.1% | 8 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.6M | 5,137 | 0.1% | 29 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.5M | 6,106 | 0.1% | 31 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $1.5M | 10,819 | 0.1% | 1 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $1.4M | 16,911 | 0.1% | 29 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $1.3M | 11,881 | 0.1% | 4 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $1.3M | 4,457 | 0.1% | 26 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $1.3M | 1,315 | 0.1% | 2 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.3M | 10,180 | 0.1% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.2M | 10,315 | 0.0% | 18 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.2M | 963 | 0.0% | 10 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $1.1M | 2,630 | 0.0% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.1M | 7,367 | 0.0% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $978.0K | 8,326 | 0.0% | 31 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $945.5K | 68,025 | 0.0% | 16 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $935.5K | 9,154 | 0.0% | 25 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $933.4K | 11,485 | 0.0% | 31 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $903.2K | 9,436 | 0.0% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $874.5K | 6,459 | 0.0% | 31 |
| FIDELITY MERRIMACK STR TR | [FLTB](https://holderbook.com/stocks/FLTB/) | $851.1K | 16,978 | 0.0% | 22 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $837.6K | 421 | 0.0% | 10 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $832.3K | 2,093 | 0.0% | 31 |
| GENTEX CORP | [GNTX](https://holderbook.com/stocks/GNTX/) | $820.4K | 32,464 | 0.0% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $817.7K | 3,201 | 0.0% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $776.1K | 1,336 | 0.0% | 1 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $771.8K | 2,065 | 0.0% | 2 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $734.3K | 3,029 | 0.0% | 29 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $724.2K | 10,143 | 0.0% | 16 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $715.0K | 2,543 | 0.0% | 17 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $713.2K | 607 | 0.0% | 2 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $703.7K | 1,863 | 0.0% | 4 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $643.1K | 4,388 | 0.0% | 18 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $634.9K | 22,522 | 0.0% | 31 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $632.0K | 2,337 | 0.0% | 31 |

## 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 | +15.3% | +14.8% | +0.4% | 73% |
| Q1 2026 | -1.0% | -4.6% | +3.6% | 100% |
| Q4 2025 | +3.7% | +2.4% | +1.4% | 100% |
| Q3 2025 | +4.0% | +7.8% | -3.9% | 100% |
| Q2 2025 | +6.6% | +10.5% | -3.8% | 100% |
| Q1 2025 | -4.7% | -4.6% | -0.1% | 100% |
| Q4 2024 | -0.9% | +2.1% | -3.0% | 100% |
| Q3 2024 | +5.2% | +5.4% | -0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $2.3B | 156 |
| Q1 2026 | $2.1B | 157 |
| Q4 2025 | $1.5B | 163 |
| Q3 2025 | $1.4B | 164 |
| Q2 2025 | $1.4B | 153 |
| Q1 2025 | $1.3B | 143 |
| Q4 2024 | $1.4B | 142 |
| Q3 2024 | $1.5B | 146 |
| Q2 2024 | $1.4B | 144 |
| Q1 2024 | $1.4B | 146 |
| Q4 2023 | $1.3B | 136 |
| Q3 2023 | $1.1B | 128 |