DEARBORN PARTNERS LLC Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$2.1T

Holdings

256

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (256 positions)

#StockSharesValue% PortfolioType
1
AAPLApple Inc.
468,754$96.2B4.55%
2
MSFTMicrosoft Corp
188,211$93.6B4.43%
3
ADPAutomatic Data Processing
195,122$60.2B2.85%
4
MCDMcDonalds Corp
169,682$49.6B2.35%
5
RSGRepublic Services Inc
179,819$44.3B2.10%
6
CASYCasey's General Stores Inc
85,802$43.8B2.07%
7
WMTWal-Mart Stores
423,429$41.4B1.96%
8
MAMastercard Inc
72,433$40.7B1.93%
9
HDHome Depot Inc
110,394$40.5B1.92%
10
AJGArthur J. Gallagher & Co
124,890$40.0B1.89%
11
WECWEC Energy Group Inc
382,369$39.8B1.89%
12
INTUIntuit
50,129$39.5B1.87%
13
WSOWatsco, Inc.
86,057$38.0B1.80%
14
QCOMQualcomm Inc.
238,598$38.0B1.80%
15
ITWIllinois Tool Works Inc
149,975$37.1B1.76%
16
TSCOTractor Supply Company
701,884$37.0B1.75%
17
XOMExxon Mobil Corp
339,532$36.6B1.73%
18
COSTCostco Wholesale Corp
36,702$36.3B1.72%
19
CTVACorteva Inc
467,986$34.9B1.65%
20
TXNTexas Instruments Incorporated
166,076$34.5B1.63%
21
SNASnap-On
109,703$34.1B1.62%
22
PGProcter & Gamble Co
213,198$34.0B1.61%
23
MKC/VMcCormick & Company Inc
447,374$33.9B1.61%
24
SYKStryker Corp
85,398$33.8B1.60%
25
SHWSherwin-Williams Co
97,330$33.4B1.58%
26
ABTAbbott Labs
244,726$33.3B1.58%
27
ATOAtmos Energy Corporation
215,094$33.1B1.57%
28
APHAmphenol Corp Cl A
331,976$32.8B1.55%
29
BACVerizon Communications
751,103$32.5B1.54%
30
ABBVAbbVie Inc
174,525$32.4B1.53%
31
SPGIS&P Global, Inc.
61,209$32.3B1.53%
32
TRI4EURThomson Reuters
158,165$31.8B1.51%
33
ACNAccenture PLC Cl A
106,293$31.8B1.50%
34
TMUST-Mobile US Inc.
132,893$31.7B1.50%
35
CITCintas Corp
141,665$31.6B1.49%
36
FASTFastenal Company
750,155$31.5B1.49%
37
NDAQNasdaq, Inc.
329,573$29.5B1.40%
38
STESteris plc
119,309$28.7B1.36%
39
MSIMotorola Solutions, Inc.
65,037$27.3B1.29%
40
BRBroadridge Financial Solutions
103,671$25.2B1.19%
41
JPMJ P Morgan Chase & Co
86,376$25.0B1.19%
42
AWCAmerican Water Works Co
179,016$24.9B1.18%
43
MDLZMondelez International Inc A
298,456$20.1B0.95%
44
ZTSZoetis, Inc Class A
127,643$19.9B0.94%
45
ARESAres Management Corporation
112,298$19.4B0.92%
46
EQIXEquinix Inc
24,202$19.3B0.91%
47
JKHYJack Henry & Assoc Inc Com
106,098$19.1B0.90%
48
EOGEOG Resources Inc
156,706$18.7B0.89%
49
MRKMerck & Co Inc
225,964$17.9B0.85%
50
NEENextEra Energy Inc
233,456$16.2B0.77%
51
BDXBecton Dickinson and Co
89,274$15.4B0.73%
52
IBMInternational Business Machine
51,518$15.2B0.72%
53
POOLPool Corporation
49,515$14.4B0.68%
54
GDGeneral Dynamics Corp
46,225$13.5B0.64%
55
JNJJohnson & Johnson
82,735$12.6B0.60%
56
CATCaterpillar Inc
29,807$11.6B0.55%
57
RSReliance Steel & Aluminum Co
34,550$10.8B0.51%
58
RPMRPM Intl Inc
95,433$10.5B0.50%
59
UNPUnion Pacific Corp
37,766$8.7B0.41%
60
GILDGilead Sciences Incorporated
77,560$8.6B0.41%
61
GOOGLAlphabet Inc CL A
47,631$8.4B0.40%
62
OKEONEOK, Inc.
95,635$7.8B0.37%
63
PEPPepsiCo Inc
53,516$7.1B0.33%
64
APDAir Products & Chemicals, Inc
24,681$7.0B0.33%
65
NVDANvidia Corp
42,694$6.7B0.32%
66
MDTMedtronic PLC
60,187$5.2B0.25%
67
LINLinde PLC
10,744$5.0B0.24%
68
VVisa Inc Cl A
13,632$4.8B0.23%
69
CVXChevron Corp
33,692$4.8B0.23%
70
ORealty Income Corporation
82,230$4.7B0.22%
71
AMZNAmazon.com
21,241$4.7B0.22%
72
SBUXStarbucks Corporation
49,736$4.6B0.22%
73
RTXRaytheon Technologies Com
31,101$4.5B0.21%
74
NVSNNovartis AG ADR
35,210$4.3B0.20%
75
KMBKimberly-Clark Corp
32,018$4.1B0.20%
76
LLYEli Lilly & Co
4,872$3.8B0.18%
77
BLKCHFBlackRock, Inc.
3,399$3.6B0.17%
78
KOCoca Cola Co
49,568$3.5B0.17%
79
DEDeere & Co
6,702$3.4B0.16%
80
CMECME Group Inc
12,000$3.3B0.16%
81
SPYMSpdr Ser Tr Portfolio S&P500
43,732$3.2B0.15%
82
MORNMorningstar, Inc.
9,663$3.0B0.14%
83
CARRCarrier Global Corp Com
39,241$2.9B0.14%
84
AVGOBroadcom Inc
8,554$2.4B0.11%
85
HSYHershey Company
13,331$2.2B0.10%
86
UBERUber Technologies Inc
22,325$2.1B0.10%
87
BXBlackstone Group Inc
13,502$2.0B0.10%
88
MAINMain Street Capital Corp
33,862$2.0B0.09%
89
VCLTVanguard Long-Term Corp Bond E
23,968$1.8B0.09%
90
HONHoneywell Intl Inc
7,722$1.8B0.09%
91
NDQInvesco QQQ Trust Series 1
3,211$1.8B0.08%
92
ADIAnalog Devices Inc
7,400$1.8B0.08%
93
ECLEcolab Inc
6,397$1.7B0.08%
94
VRPInvesco Variable Rate Pref Por
68,988$1.7B0.08%
95
PGRProgressive Corp Ohio Com
6,301$1.7B0.08%
96
SOSouthern Co
17,762$1.6B0.08%
97
PREFPrincpal Spectrum Preferred Se
84,284$1.6B0.08%
98
XLCCommunication Services Select
14,339$1.6B0.07%
99
VEAVanguard FTSE Developed Mkts E
26,881$1.5B0.07%
100
AGGIShares Barclays Aggregate Bon
15,383$1.5B0.07%
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