HolderBook

L. Roy Papp & Associates, LLP

Reported holdings as of Q2 2026, from 31 quarterly filings.

CIK
809339
Reported value
$951.4M
Positions
193
Top 10 weight
40.7%
Filed
2026-07-23
Days after quarter end
23

Holdings

SecurityTickerValue SharesWeightWeight change Held Change
APPLE INCAAPL$65.4M226,0426.88%+0.23pp31qHELD
ALPHABET INCGOOG$52.9M149,7835.56%+0.40pp31q-4.1%-$2.3M
MICROSOFT CORPMSFT$45.0M120,5904.73%-0.27pp31q+2.9%+$1.3M
VISA INCV$35.4M103,2373.72%+0.20pp31q+2.0%+$709.9K
BLACKROCK INCBLK$35.1M36,5153.69%-0.30pp7q+1.4%+$478.9K
ALPHABET INCGOOGL$33.7M94,3553.54%+0.29pp31q-3.9%-$1.4M
MARVELL TECHNOLOGY INCMRVL$33.3M111,6723.50%+2.09pp21q-9.1%-$3.3M
OREILLY AUTOMOTIVE INCORLY$30.6M332,3283.22%-0.33pp31qHELD
JOHNSON & JOHNSONJNJ$30.1M118,6473.17%-0.14pp31q+1.2%+$366.7K
EXPEDITORS INTL WASH INCEXPD$26.0M159,6852.74%+0.08pp31q-0.7%-$176.0K
THERMO FISHER SCIENTIFIC INCTMO$25.8M51,5092.71%-0.16pp31q+1.4%+$354.5K
EOG RES INCEOG$23.2M179,0172.44%-0.56pp31q-0.5%-$122.5K
COSTCO WHOLESALE CORPORATIONCOST$22.3M23,7942.34%-0.40pp31qHELD
HOME DEPOT INCHD$22.0M62,4112.31%-0.04pp31qHELD
STRYKER CORPORATIONSYK$21.6M68,5702.27%-0.21pp31q+4.6%+$951.8K
SPDR SERIES TRUSTXBI$21.2M134,1812.23%+0.26pp31qHELD
CANADIAN NATL RY COCNI$15.9M133,6141.67%+0.12pp31q+1.6%+$252.2K
INVESCO EXCHANGE TRADED FD TRSP$15.5M72,8311.63%+0.07pp31q+3.3%+$501.7K
ANALOG DEVICES INCADI$14.9M37,6111.57%+0.22pp31q+2.2%+$326.5K
ACCENTURE PLC IRELANDACN$13.4M107,9511.41%-1.14pp31q-3.1%-$435.3K
METTLER TOLEDO INTERNATIONALMTD$13.3M10,3831.39%-0.13pp31q-0.6%-$85.6K
JPMORGAN CHASE & COJPM$13.2M40,2011.38%+0.34pp31q+30.5%+$3.1M
MASTERCARD INCORPORATEDMA$13.0M25,3101.37%-0.09pp31qHELD
EXXON MOBIL CORPXOMXXXX$11.5M83,8561.21%-0.56pp31q-6.9%-$854.1K
AMETEK INCAME$11.5M47,3841.20%+0.05pp31q+1.4%+$161.4K
ROCKWELL AUTOMATION INCROK$11.3M22,9101.19%+0.27pp31q+2.4%+$264.4K
SCHWAB STRATEGIC TRSCHO$11.3M467,3411.19%-0.14pp29q-1.1%-$124.1K
SELECT SECTOR SPDR TRXLK$10.5M55,1621.10%+0.13pp31q-12.9%-$1.6M
ECOLAB INCECL$10.0M35,9571.05%-0.03pp31q+2.0%+$195.9K
PROCTER & GAMBLE COPG$9.8M67,0861.03%-0.07pp31q+1.3%+$122.7K
VALMONT INDS INCVMI$8.5M14,7670.90%+0.21pp22q-1.2%-$106.3K
EMERSON ELEC COEMR$7.8M54,4430.82%flat31qHELD
NVIDIA CORPORATIONNVDA$7.7M38,6220.81%+0.04pp10qHELD
ISHARES TRUSMV$7.5M77,3000.78%-0.06pp31q-2.1%-$162.1K
LINDE PLCLIN$6.9M13,2120.72%+0.26pp14q+62.8%+$2.6M
PEPSICO INCPEP$6.7M49,5540.71%-0.17pp31q+1.5%+$99.0K
WEYERHAEUSER COWY$6.5M272,9200.69%-0.08pp29qHELD
RBC BEARINGS INCRBC$6.4M9,9680.67%+0.02pp31q-4.7%-$314.9K
CHEVRON CORPORATIONCVX$6.1M36,8970.64%-0.24pp31q-0.7%-$44.4K
ISHARES TRIGSB$5.9M111,7740.62%+0.01pp3q+11.6%+$610.0K
CATERPILLAR INCCAT$5.7M5,3870.60%+0.19pp31q+5.3%+$287.5K
BERKSHIRE HATHAWAY INC DELBRKB$5.7M11,3570.60%-0.04pp31q-1.7%-$97.6K
NXP SEMICONDUCTORS N VNXPI$5.6M20,0400.59%+0.15pp31q+2.6%+$143.9K
WASTE CONNECTIONS INCWCN$4.5M27,1780.48%-0.03pp31qHELD
WASTE MGMT INC DELWM$4.2M18,9690.44%+0.09pp31q+42.5%+$1.3M
VANGUARD WORLD FDVGT$4.2M34,9920.44%+0.09pp21q+700.0%+$3.7M
MCDONALDS CORPMCD$4.1M15,0890.43%+0.10pp31q+65.8%+$1.6M
SCHWAB STRATEGIC TRSCHB$4.0M139,0750.42%+0.02pp31qHELD
TRIMBLE INCTRMB$3.9M76,0780.41%-0.18pp31q-2.5%-$97.9K
VANGUARD SPECIALIZED FUNDSVIG$3.9M16,2950.41%-0.01pp31q-2.7%-$106.5K
FACTSET RESH SYS INCFDS$3.4M14,8960.36%-0.02pp31q-3.2%-$111.6K
RESMED INCRMD$3.2M16,5820.34%-0.13pp31q-8.2%-$289.8K
PRICE T ROWE GROUP INCTROW$3.1M27,4960.33%-0.25pp31q-50.7%-$3.2M
RTX CORPORATIONRTX$3.1M16,2520.32%-0.02pp25q+6.2%+$179.9K
AMAZON COM INCAMZN$3.1M12,8450.32%+0.01pp31qHELD
VANGUARD INDEX FDSVUG$3.0M34,8790.32%+0.02pp31q+491.4%+$2.5M
VANGUARD INDEX FDSVTI$2.8M7,6690.30%+0.01pp31q-0.7%-$20.4K
IDEX CORPIEX$2.7M12,0750.29%flat31q-9.1%-$275.5K
BIO-TECHNE CORPTECH$2.7M38,6500.29%+0.09pp31q+18.0%+$417.5K
YETI HLDGS INCYETI$2.6M52,7950.28%+0.05pp17q-0.6%-$15.1K
MICROCHIP TECHNOLOGY INC.MCHP$2.5M27,1770.26%+0.05pp31q-3.1%-$79.8K
COCA COLA COKO$2.4M30,0490.26%-0.01pp31qHELD
AMGEN INCAMGN$2.3M6,4480.25%-0.02pp31qHELD
SHERWIN WILLIAMS COSHW$2.3M6,7250.24%-0.01pp31qHELD
ENTERPRISE PRODS PARTNERS LEPD$2.3M61,8580.24%-0.03pp8qHELD
ELI LILLY & COLLY$2.2M1,8470.23%+0.07pp27q+21.8%+$395.8K
AUTOMATIC DATA PROCESSING INADP$2.2M9,6020.23%flat31qHELD
WW GRAINGER INCGWW$2.1M1,5750.23%+0.14pp31q+130.3%+$1.2M
INTEL CORPINTC$2.1M14,9560.22%+0.14pp31qHELD
SYSCO CORPSYY$2.0M23,9680.21%+0.01pp31qHELD
INTUITINTU$2.0M7,6080.21%-0.17pp30q-0.9%-$17.7K
CISCO SYS INCCSCO$2.0M16,8950.21%-0.07pp31q-45.3%-$1.6M
ABBVIE INCABBV$1.9M7,5810.20%+0.01pp31qHELD
WALMART INCWMT$1.9M16,5980.20%-0.05pp31q-3.2%-$62.3K
PERMIAN RESOURCES CORPPR$1.9M101,9180.20%-0.04pp9q+4.5%+$81.4K
STATE STR CORPSTT$1.9M11,0270.20%+0.03pp31q-2.2%-$42.4K
CHURCH & DWIGHT CO INCCHD$1.8M18,6580.19%-0.03pp31q-9.2%-$182.3K
VANGUARD MALVERN FDSVTIP$1.7M34,6970.18%-0.02pp29qHELD
SILICON LABORATORIES INCSLAB$1.7M7,8090.18%-0.03pp31q-8.9%-$167.4K
MCCORMICK & CO INCMKC$1.7M33,6700.18%-0.04pp31q-10.0%-$188.2K
SELECT SECTOR SPDR TRXLE$1.7M31,3730.18%-0.04pp31q+3.5%+$56.8K
AMERICAN EXPRESS COAXP$1.6M4,7790.17%flat31qHELD
STATE STR SPDR S&P 500 ETF TSPY$1.6M2,1330.17%+0.01pp31q-1.0%-$15.7K
ADOBE INCADBE$1.6M7,6780.17%-0.05pp31qHELD
COLGATE PALMOLIVE COCL$1.5M16,6130.16%flat31qHELD
DYNATRACE INCDT$1.4M32,0460.15%flat7q-6.8%-$102.3K
EASTGROUP PPTYS INCEGP$1.3M6,3780.14%flat31qHELD
INTERNATIONAL BUSINESS MACHSIBM$1.3M4,5180.13%-0.01pp31q-12.2%-$175.8K
KINDER MORGAN INC DELKMI$1.2M38,7430.13%-0.01pp22q+8.2%+$94.3K
PEGASYSTEMS INCPEGA$1.2M40,3750.13%-0.09pp31q-8.4%-$110.8K
SYNOPSYS INCSNPS$1.1M2,5780.12%-0.01pp4q-9.1%-$114.6K
MERCK & CO INCMRK$1.1M8,4570.11%-0.01pp31q-4.2%-$47.4K
VALVOLINE INCVVV$1.0M26,1540.11%flat12q-9.1%-$103.8K
TESLA INCTSLA$1.0M2,4190.11%flat29q-1.2%-$12.2K
ISHARES SILVER TRSLV$1.0M19,0000.11%-0.04pp29qHELD
META PLATFORMS INCMETA$963.9K1,7110.10%-0.01pp31qHELD
ISHARES TRSTIP$960.3K9,4000.10%-newNEW
VANGUARD INDEX FDSVO$952.3K11,8200.10%flat25q+305.5%+$717.5K
NIKE INCNKE$947.2K23,0740.10%-0.05pp31q-6.7%-$67.9K
APPLIED MATLS INCAMAT$907.4K1,2550.10%+0.04pp13q-10.7%-$108.5K
WABTECWAB$878.8K3,2590.09%flat31q-2.9%-$26.2K
VANGUARD SCOTTSDALE FDSVCSH$867.4K10,9750.09%-0.01pp29qHELD
ROSS STORES INCROST$851.4K4,0000.09%-0.01pp31qHELD
COSTAR GROUP INCCSGP$849.3K29,9900.09%-0.06pp31q-8.8%-$82.1K
CLOROX CO DELCLX$831.9K8,7160.09%-0.08pp31q-36.3%-$474.4K
SPDR INDEX SHS FDSGMF$808.4K5,1500.08%flat31qHELD
ORACLE CORPORCL$800.2K5,4600.08%-0.05pp31q-30.9%-$358.5K
ISHARES TRIVV$785.6K1,0490.08%+0.01pp30q+5.1%+$38.2K
ISHARES TRSUB$782.6K7,3500.08%-0.01pp16qHELD
SCHWAB STRATEGIC TRSCHX$758.1K25,7580.08%flat31q-1.2%-$9.0K
SPDR GOLD TRGLD$757.0K2,0550.08%-0.02pp29qHELD
FIRST SOLAR INCFSLR$750.8K3,1820.08%+0.01pp9q+9.2%+$63.0K
NORFOLK SOUTHN CORPNSC$748.1K2,3780.08%flat31q-4.7%-$36.5K
ISHARES TRIWP$745.9K5,0950.08%flat30qHELD
GE AEROSPACEGE$687.3K1,8390.07%+0.01pp11q+1.7%+$11.2K
SCHWAB STRATEGIC TRSCHG$677.2K20,0120.07%flat31qHELD
INVESCO QQQ TRQQQ$676.0K9180.07%+0.01pp9q+3.4%+$22.1K
ABBOTT LABORATORIESABT$656.9K7,2390.07%-0.02pp31q-4.2%-$28.5K
GE VERNOVA INCGEV$648.5K5520.07%+0.01pp5q+4.0%+$24.7K
ISHARES TRMTUM$632.5K1,8450.07%+0.02pp17qHELD
VANGUARD INDEX FDSVXF$618.2K2,5110.06%+0.01pp18qHELD
WELLS FARGO & COWFC$604.1K7,3100.06%flat21qHELD
VANGUARD INTL EQUITY INDEX FVT$591.4K3,7680.06%flat30qHELD
AGILYSYS INCAGYS$569.0K5,4450.06%-newNEW
DIAMONDBACK ENERGY INCFANG$557.9K3,1740.06%-0.01pp11qHELD
UMB FINL CORPUMBF$556.8K3,9000.06%+0.01pp31qHELD
VANGUARD INDEX FDSVTV$556.1K2,5520.06%-0.01pp18q-15.4%-$101.5K
KROGER COKR$545.0K9,8150.06%-0.02pp29qHELD
WD 40 COWDFC$543.3K2,2300.06%-newNEW
CSX CORPCSX$541.8K11,4000.06%flat15qHELD
ISHARES TRQUAL$540.0K2,4610.06%flat14qHELD
FIRST TR EXCHANGE-TRADED ALPFAD$519.1K2,5960.05%+0.01pp17qHELD
ARISTA NETWORKS INCANET$511.3K3,0100.05%+0.01pp7qHELD
MEDTRONIC PLCMDT$507.4K6,4860.05%-0.01pp31q-4.1%-$21.5K
VANGUARD MUN BD FDSVSDM$499.6K6,5200.05%flat2qHELD
IQVIA HLDGS INCIQV$490.4K2,5380.05%flat24q-4.3%-$22.0K
NEXTERA ENERGY INCNEE$479.0K5,4570.05%-0.01pp4q-1.6%-$7.8K
BRISTOL-MYERS SQUIBB COBMY$475.5K8,2520.05%-0.01pp28qHELD
J P MORGAN EXCHANGE TRADED FJFLX$466.7K9,2590.05%flat3qHELD
VANGUARD WHITEHALL FDSVYM$459.6K2,9080.05%-0.01pp30q-7.0%-$34.5K
ISHARES TRIWM$444.7K1,4800.05%+0.02pp4q+61.4%+$169.2K
VANGUARD MUN BD FDSVTEB$438.4K8,6680.05%flat3qHELD
NORTHROP GRUMMAN CORPNOC$430.7K8460.05%-0.02pp4q+1.7%+$7.1K
FIRST TR EXCHANGE TRADED FDFXL$400.3K1,8430.04%+0.01pp13qHELD
DISNEY WALT CODIS$399.8K4,1540.04%-0.01pp31q-9.4%-$41.4K
VANECK ETF TRUSTSMH$393.5K6000.04%+0.01pp3qHELD
VANGUARD INDEX FDSVB$381.1K1,2570.04%flat18qHELD
VANGUARD INDEX FDSVOO$374.1K5450.04%flat9qHELD
HONEYWELL INTL INCHON$369.8K1,6520.04%-newNEW
STERLING INFRASTRUCTURE INCSTRL$366.0K4360.04%+0.02pp2q-12.3%-$51.2K
HONEYWELL AEROSPACE INCHONA$364.3K1,6480.04%-newNEW
DEVON ENERGY CORP NEWDVN$358.4K8,6730.04%-0.01pp11q+6.8%+$22.7K
ADVANCED MICRO DEVICES INCAMD$353.8K6090.04%-newNEW
DUKE ENERGY CORP NEWDUK$346.8K2,7400.04%flat11qHELD
UNION PAC CORPUNP$343.3K1,2620.04%flat31qHELD
SPDR SERIES TRUSTSHM$339.6K7,0800.04%flat3qHELD
ISHARES INCEWJ$331.6K3,5550.03%flat14qHELD
VANGUARD STAR FDSVXUS$331.3K3,8750.03%flat11q+0.5%+$1.8K
VANGUARD INDEX FDSVOT$329.9K1,0770.03%flat31qHELD
ISHARES TRIEV$327.8K4,5000.03%flat15qHELD
TJX COS INC NEWTJX$318.9K2,1050.03%-0.01pp10qHELD
PFIZER INCPFE$314.9K13,0780.03%-0.01pp31q-1.8%-$5.8K
CINCINNATI FINL CORPCINF$312.5K1,6880.03%flat8qHELD
FIRST TR EXCHANGE-TRADED FDFTCS$306.2K3,2600.03%flat17qHELD
VANGUARD INDEX FDSVBR$300.8K1,2380.03%flat11qHELD
IDEXX LABS INCIDXX$300.1K5700.03%-0.01pp14qHELD
GLOBAL X FDSQYLD$299.9K16,2740.03%flat3q-2.0%-$6.1K
NORTHERN TR CORPNTRS$299.7K1,7240.03%flat5qHELD
AIR PRODUCTS AND CHEMICALS IAPD$294.9K1,0060.03%+0.01pp2q+42.5%+$88.0K
LOWES COS INCLOW$279.8K1,2690.03%-0.01pp25qHELD
STARBUCKS CORPSBUX$274.3K2,6840.03%flat31q-10.4%-$31.7K
SCHWAB STRATEGIC TRSCHD$272.5K8,5950.03%flat31qHELD
FIRST TR EXCHANGE TRADED FDSKYY$269.7K2,0040.03%flat8qHELD
SPDR SERIES TRUSTXNTK$249.0K6370.03%-newNEW
MERCADOLIBRE INCMELI$246.1K1450.03%-newNEW
CRH PLCCRH$246.1K2,3000.03%flat10qHELD
TAIWAN SEMICONDUCTOR MANUFACTSM$245.9K5150.03%-newNEW
SPDR SERIES TRUSTXAR$233.6K8230.02%flat4qHELD
SCHWAB CHARLES CORPSCHW$233.2K2,5280.02%flat5qHELD
PHILLIPS 66PSX$233.1K1,3790.02%flat2qHELD
BROADCOM INCAVGO$229.3K6070.02%-newNEW
AUTOZONE INCAZO$223.7K700.02%flat10qHELD
RIO TINTO PLCRIO$223.6K2,3550.02%flat3qHELD
FULLER H B COFUL$218.0K3,7400.02%flat23qHELD
BANK OF NY MELLON CORPBNY$216.9K1,5000.02%flat4q-25.0%-$72.3K
PALO ALTO NETWORKS INCPANW$208.4K6110.02%-newNEW
KIMBERLY-CLARK CORPKMB$207.7K1,8920.02%-newNEW
INVESCO EXCH TRADED FD TR IISOXQ$207.4K1,8500.02%-newNEW
EATON CORP PLCETN$207.1K4860.02%-newNEW
HCI GROUP INCHCI$206.8K1,1800.02%-newNEW
INDIVIOR PHARMACEUTICALS INCINDV$205.2K5,0000.02%-newNEW
TRANE TECHNOLOGIES PLCTT$201.4K4100.02%-newNEW
ODYSSEY MARINE EXPL INCOMEX$129.7K152,4610.01%flat6qHELD

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Software & IT Services 15.4%Retail & Consumer 9.3%Semiconductors & Electronics 8.4%Computer Hardware 7.3%Business Services 6.6%Biotech & Pharma 5.9%Instruments & Controls 5.5%Transport & Logistics 4.6%Capital Markets 4.2%Energy 3.9%Chemicals 3.5%Industrials 2.8%Other sectors 9.6%Not classified 13.0%
 
SectorValueShare
Software & IT Services$146.9M15.4%
Retail & Consumer$88.7M9.3%
Semiconductors & Electronics$79.5M8.4%
Computer Hardware$69.4M7.3%
Business Services$62.9M6.6%
Biotech & Pharma$56.1M5.9%
Instruments & Controls$52.7M5.5%
Transport & Logistics$43.7M4.6%
Capital Markets$40.2M4.2%
Energy$36.9M3.9%
Chemicals$32.9M3.5%
Industrials$26.5M2.8%
Other sectors$91.2M9.6%
Not classified$123.8M13.0%

Quarter by quarter

QuarterValuePositions NewAddedTrimmed ExitedTop 10 Days to file
Q2 2026$951.4M193174159840.7%23
Q1 2026$867.4M18464360740.3%14
Q4 2025$904.5M18574259443.9%28
Q3 2025$889.6M18264557443.3%9
Q2 2025$841.8M18075743142.1%24
Q1 2025$815.2M17413173541.7%10
Q4 2024$856.6M17872560642.5%29
Q3 2024$826.2M17792965441.6%24
Q2 2024$825.2M17243069841.6%24
Q1 2024$840.1M176103573840.5%15
Q4 2023$805.6M174131778441.3%19
Q3 2023$738.0M16523347640.3%19
Q2 2023$778.2M16963439540.2%17
Q1 2023$740.2M16852459338.7%35
Q4 2022$712.6M16681765438.1%17
Q3 2022$661.3M16234234938.7%21
Q2 2022$689.7M168853301239.0%33
Q1 2022$801.0M17264161939.3%36
Q4 2021$873.6M17573160239.3%42
Q3 2021$786.9M17042258638.5%40
Q2 2021$792.0M172126828737.7%40
Q1 2021$696.8M16710161152137.0%36
Q4 2020$868.4M178135953240.8%41
Q3 2020$778.4M167103763440.7%44
Q2 2020$705.6M161162861739.4%42
Q1 2020$547.7M152134642539.2%35
Q4 2019$694.3M17693158536.8%45
Q3 2019$638.0M17272746735.9%35
Q2 2019$637.3M172297421635.5%45
Q1 2019$555.8M149112856239.0%39
Q4 2018$478.3M140000038.1%44

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.