# Ramsay, Stattman, Vela & Price, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1541399. Source: https://holderbook.com/funds/1541399-ramsay-stattman-vela-price-inc/

- Reported value: $562.2M
- Positions: 84
- Weight of the ten largest: 45.5%
- Filed: 2026-08-04

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 |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $43.1M | 149,094 | 7.7% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $37.5M | 100,412 | 6.7% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $36.6M | 182,670 | 6.5% | 18 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $29.1M | 82,365 | 5.2% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $22.3M | 44,645 | 4.0% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $20.4M | 85,398 | 3.6% | 18 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $18.5M | 53,799 | 3.3% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $17.7M | 24,520 | 3.2% | 18 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $16.6M | 65,500 | 3.0% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $14.2M | 39,612 | 2.5% | 20 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $13.7M | 43,539 | 2.4% | 31 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $12.2M | 45,163 | 2.2% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $12.2M | 34,596 | 2.2% | 23 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $12.0M | 81,679 | 2.1% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $11.8M | 62,105 | 2.1% | 31 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $11.8M | 52,618 | 2.1% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $11.7M | 12,457 | 2.1% | 21 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $11.1M | 136,116 | 2.0% | 31 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $10.9M | 141,319 | 1.9% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $10.8M | 75,772 | 1.9% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $10.8M | 79,670 | 1.9% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $9.9M | 83,981 | 1.8% | 27 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $9.5M | 104,942 | 1.7% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $9.4M | 31,340 | 1.7% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $9.2M | 26,975 | 1.6% | 18 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $8.8M | 16,911 | 1.6% | 14 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $8.1M | 16,215 | 1.4% | 18 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $7.9M | 3,949 | 1.4% | 6 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $6.7M | 84,444 | 1.2% | 22 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $6.6M | 39,685 | 1.2% | 31 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $6.3M | 61,400 | 1.1% | 31 |
| NESTLE SA ADR | [NSRGY](https://holderbook.com/stocks/NSRGY/) | $6.2M | 60,336 | 1.1% | 31 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $6.1M | 58,733 | 1.1% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $5.3M | 7,115 | 0.9% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $5.1M | 12,035 | 0.9% | 18 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $4.7M | 48,969 | 0.8% | 31 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $4.7M | 15,911 | 0.8% | 16 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $4.2M | 27,487 | 0.7% | 31 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $4.0M | 43,221 | 0.7% | 31 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $3.4M | 10,955 | 0.6% | 31 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $3.2M | 23,533 | 0.6% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.2M | 9,795 | 0.6% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $3.1M | 5,405 | 0.6% | 18 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $2.6M | 17,274 | 0.5% | 28 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $2.5M | 10,000 | 0.4% | 18 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $2.5M | 59,750 | 0.4% | 31 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $2.4M | 47,708 | 0.4% | 31 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $2.3M | 11,255 | 0.4% | 18 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.1M | 16,523 | 0.4% | 25 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.1M | 3,768 | 0.4% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $2.0M | 7,460 | 0.4% | 31 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.9M | 27,332 | 0.3% | 31 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $1.9M | 3,656 | 0.3% | 18 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.8M | 30,162 | 0.3% | 31 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $1.6M | 13,712 | 0.3% | 31 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.6M | 19,892 | 0.3% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.4M | 7,512 | 0.3% | 25 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $1.3M | 19,491 | 0.2% | 31 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $1.3M | 13,855 | 0.2% | 15 |
| FORTIVE CORP | [FTV](https://holderbook.com/stocks/FTV/) | $1.1M | 18,193 | 0.2% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $930.0K | 8,211 | 0.2% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $926.5K | 870 | 0.2% | 24 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $740.0K | 1,973 | 0.1% | 2 |
| ZIMMER BIOMET HOLDINGS INC | [ZBH](https://holderbook.com/stocks/ZBH/) | $601.6K | 6,988 | 0.1% | 31 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $596.6K | 12,163 | 0.1% | 21 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $513.0K | 4,225 | 0.1% | 1 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $435.5K | 1,287 | 0.1% | 6 |
| FEDEX FGHT HLDG CO INC | - | $379.5K | 2,513 | 0.1% | 1 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $375.0K | 1,500 | 0.1% | 13 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $339.4K | 1,400 | 0.1% | 8 |
| AMERICAN CENTY ETF TR | [AVUS](https://holderbook.com/stocks/AVUS/) | $315.8K | 2,466 | 0.1% | 8 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $302.4K | 14,610 | 0.1% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $277.9K | 582 | 0.0% | 1 |
| GLOBAL X FDS | [CATH](https://holderbook.com/stocks/CATH/) | $257.5K | 2,910 | 0.0% | 4 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $257.5K | 375 | 0.0% | 15 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $247.4K | 2,970 | 0.0% | 2 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $234.1K | 1,100 | 0.0% | 2 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $232.9K | 311 | 0.0% | 9 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $230.5K | 2,870 | 0.0% | 22 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $228.3K | 2,405 | 0.0% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $227.9K | 190 | 0.0% | 1 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $220.1K | 1,685 | 0.0% | 3 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $214.7K | 2,720 | 0.0% | 1 |
| GLOBAL X FDS | [PAVE](https://holderbook.com/stocks/PAVE/) | $213.3K | 3,620 | 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 | +10.4% | +14.8% | -4.4% | 100% |
| Q1 2026 | -5.0% | -4.6% | -0.3% | 100% |
| Q4 2025 | +1.2% | +2.4% | -1.2% | 100% |
| Q3 2025 | +5.3% | +7.8% | -2.5% | 100% |
| Q2 2025 | +3.9% | +10.5% | -6.6% | 100% |
| Q1 2025 | -2.8% | -4.6% | +1.7% | 100% |
| Q4 2024 | -0.0% | +2.1% | -2.2% | 100% |
| Q3 2024 | +5.4% | +5.4% | +0.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $562.2M | 84 |
| Q1 2026 | $506.3M | 79 |
| Q4 2025 | $555.2M | 80 |
| Q3 2025 | $558.3M | 79 |
| Q2 2025 | $535.5M | 80 |
| Q1 2025 | $526.1M | 79 |
| Q4 2024 | $537.7M | 76 |
| Q3 2024 | $538.0M | 75 |
| Q2 2024 | $528.5M | 75 |
| Q1 2024 | $521.8M | 76 |
| Q4 2023 | $491.1M | 78 |
| Q3 2023 | $461.6M | 78 |