# Harfst & Associates, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1649147. Source: https://holderbook.com/funds/1649147-harfst-associates-inc/

- Reported value: $643.4M
- Positions: 124
- Weight of the ten largest: 62.1%
- Filed: 2026-07-31

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 |
|---|---|---|---|---|---|
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $161.3M | 1,061,066 | 25.1% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $73.1M | 97,653 | 11.4% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $36.1M | 48,970 | 5.6% | 18 |
| VANGUARD WORLD FD | [VIS](https://holderbook.com/stocks/VIS/) | $26.4M | 73,175 | 4.1% | 10 |
| T ROWE PRICE EXCHANGE-TRADED | [TBUX](https://holderbook.com/stocks/TBUX/) | $25.4M | 509,707 | 3.9% | 4 |
| INVESCO ACTIVELY MANAGED EXC | [VRIG](https://holderbook.com/stocks/VRIG/) | $22.6M | 902,765 | 3.5% | 4 |
| T ROWE PRICE EXCHANGE-TRADED | [TCAF](https://holderbook.com/stocks/TCAF/) | $15.3M | 373,428 | 2.4% | 9 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $14.7M | 188,444 | 2.3% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $13.5M | 91,918 | 2.1% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $11.1M | 19,090 | 1.7% | 21 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $10.5M | 28,401 | 1.6% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.9M | 34,317 | 1.5% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $9.3M | 12,803 | 1.4% | 31 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $8.9M | 36,150 | 1.4% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $8.7M | 20,169 | 1.4% | 7 |
| LITHIA MTRS INC | [LAD](https://holderbook.com/stocks/LAD/) | $6.8M | 23,525 | 1.1% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $6.6M | 21,981 | 1.0% | 6 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $6.5M | 32,579 | 1.0% | 25 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $5.9M | 16,584 | 0.9% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.6M | 19,434 | 0.7% | 25 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.6M | 12,409 | 0.7% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.4M | 8,752 | 0.7% | 31 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $4.3M | 6,093 | 0.7% | 31 |
| MONOLITHIC PWR SYS INC | [MPWR](https://holderbook.com/stocks/MPWR/) | $4.3M | 3,124 | 0.7% | 10 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $4.1M | 49,286 | 0.6% | 3 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $4.0M | 22,702 | 0.6% | 6 |
| NORTHERN TR CORP | [NTRS](https://holderbook.com/stocks/NTRS/) | $3.8M | 21,928 | 0.6% | 22 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $3.8M | 12,677 | 0.6% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $3.7M | 3,934 | 0.6% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $3.5M | 13,526 | 0.5% | 2 |
| APPLIED INDL TECHNOLOGIES IN | [AIT](https://holderbook.com/stocks/AIT/) | $3.4M | 9,950 | 0.5% | 10 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $3.3M | 47,614 | 0.5% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.1M | 9,041 | 0.5% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $3.1M | 2,905 | 0.5% | 29 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $3.0M | 34,791 | 0.5% | 6 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $3.0M | 32,702 | 0.5% | 31 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $3.0M | 61,573 | 0.5% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $2.9M | 13,999 | 0.5% | 6 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $2.9M | 7,788 | 0.5% | 6 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.8M | 24,225 | 0.4% | 2 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $2.8M | 33,758 | 0.4% | 2 |
| OLD DOMINION FREIGHT LINE IN | [ODFL](https://holderbook.com/stocks/ODFL/) | $2.7M | 12,652 | 0.4% | 10 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $2.7M | 24,480 | 0.4% | 6 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.7M | 19,762 | 0.4% | 23 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.6M | 10,152 | 0.4% | 31 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $2.5M | 10,430 | 0.4% | 6 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.5M | 3,671 | 0.4% | 31 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $2.5M | 4,698 | 0.4% | 6 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $2.4M | 2,454 | 0.4% | 7 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $2.3M | 4,632 | 0.4% | 6 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $2.2M | 4,901 | 0.3% | 10 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $2.2M | 5,606 | 0.3% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.2M | 1,844 | 0.3% | 2 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.2M | 19,403 | 0.3% | 6 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $2.2M | 9,797 | 0.3% | 6 |
| VULCAN MATLS CO | [VMC](https://holderbook.com/stocks/VMC/) | $2.2M | 7,302 | 0.3% | 6 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $2.1M | 17,869 | 0.3% | 6 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.1M | 5,537 | 0.3% | 2 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $2.0M | 2,092 | 0.3% | 2 |
| MARTIN MARIETTA MATLS INC | [MLM](https://holderbook.com/stocks/MLM/) | $2.0M | 3,511 | 0.3% | 6 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $2.0M | 3,968 | 0.3% | 6 |
| GRACO INC | [GGG](https://holderbook.com/stocks/GGG/) | $2.0M | 25,803 | 0.3% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.9M | 3,451 | 0.3% | 10 |
| JACOBS SOLUTIONS INC | [J](https://holderbook.com/stocks/J/) | $1.9M | 15,384 | 0.3% | 6 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $1.8M | 6,860 | 0.3% | 2 |
| SPROTT ASSET MANAGEMENT LP | [CEF](https://holderbook.com/stocks/CEF/) | $1.8M | 45,568 | 0.3% | 2 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $1.7M | 11,257 | 0.3% | 2 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $1.7M | 9,952 | 0.3% | 6 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.7M | 10,098 | 0.3% | 31 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $1.6M | 29,686 | 0.3% | 2 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $1.6M | 4,078 | 0.3% | 6 |
| SOUTHERN COPPER CORP | [SCCO](https://holderbook.com/stocks/SCCO/) | $1.6M | 8,901 | 0.2% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $1.5M | 2 | 0.2% | 6 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.5M | 20,735 | 0.2% | 6 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $1.4M | 15,514 | 0.2% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.3M | 3,134 | 0.2% | 27 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $1.2M | 4,658 | 0.2% | 25 |
| ISHARES TR | [DSI](https://holderbook.com/stocks/DSI/) | $1.1M | 7,395 | 0.2% | 31 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $912.9K | 7,352 | 0.1% | 31 |
| NIOCORP DEVS LTD | [NB](https://holderbook.com/stocks/NB/) | $890.8K | 184,820 | 0.1% | 4 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $862.2K | 11,511 | 0.1% | 31 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $735.4K | 19,946 | 0.1% | 31 |
| SPROTT FDS TR | [SETM](https://holderbook.com/stocks/SETM/) | $729.6K | 23,415 | 0.1% | 2 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $687.6K | 3,354 | 0.1% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $651.7K | 2,590 | 0.1% | 28 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $603.8K | 18,139 | 0.1% | 4 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $570.9K | 3,612 | 0.1% | 3 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $565.1K | 4,820 | 0.1% | 6 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $537.3K | 1,125 | 0.1% | 5 |
| WISDOMTREE TR | [DHS](https://holderbook.com/stocks/DHS/) | $531.6K | 4,676 | 0.1% | 3 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $519.2K | 9,711 | 0.1% | 4 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $500.3K | 3,233 | 0.1% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $496.4K | 1,405 | 0.1% | 5 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $470.1K | 1,276 | 0.1% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $431.8K | 578 | 0.1% | 14 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $372.8K | 2,450 | 0.1% | 31 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $359.6K | 1,988 | 0.1% | 8 |
| ENTREPRENEURSHARES SERIES TR | [XOVR](https://holderbook.com/stocks/XOVR/) | $338.0K | 16,058 | 0.1% | 1 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $322.3K | 1,692 | 0.1% | 6 |
| ISHARES TR | [IGRO](https://holderbook.com/stocks/IGRO/) | $319.1K | 3,630 | 0.0% | 4 |

## 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 | +13.1% | +14.8% | -1.7% | 100% |
| Q1 2026 | -5.0% | -4.6% | -0.4% | 100% |
| Q4 2025 | -1.0% | +2.4% | -3.4% | 100% |
| Q3 2025 | +8.4% | +7.8% | +0.6% | 100% |
| Q2 2025 | +10.3% | +10.5% | -0.1% | 100% |
| Q1 2025 | -7.1% | -4.6% | -2.6% | 99% |
| Q4 2024 | +8.7% | +2.1% | +6.5% | 100% |
| Q3 2024 | +3.1% | +5.4% | -2.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $643.4M | 124 |
| Q1 2026 | $560.2M | 121 |
| Q4 2025 | $554.6M | 111 |
| Q3 2025 | $542.2M | 112 |
| Q2 2025 | $484.9M | 98 |
| Q1 2025 | $432.7M | 116 |
| Q4 2024 | $480.0M | 93 |
| Q3 2024 | $445.2M | 95 |
| Q2 2024 | $429.0M | 104 |
| Q1 2024 | $632.9M | 105 |
| Q4 2023 | $378.8M | 88 |
| Q3 2023 | $356.3M | 91 |