L. Roy Papp & Associates, LLP Q2 2025 Filing

Filed July 24, 2025

Portfolio Value

$841.8B

Holdings

180

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (180 positions)

#StockSharesValue% PortfolioType
1
MSFTMICROSOFT CORP
120,264$59.8B7.11%
2
AAPLAPPLE INC
240,877$49.4B5.87%
3
BLKBLACKROCK INC
37,379$39.2B4.66%
4
VVISA INC
101,697$36.1B4.29%
5
ACNACCENTURE PLC IRELAND
110,746$33.1B3.93%
6
ORLYOREILLY AUTOMOTIVE INC
358,181$32.3B3.83%
7
GOOGALPHABET INC
174,856$31.0B3.68%
8
COSTCOSTCO WHSL CORP NEW
26,372$26.1B3.10%
9
SYKSTRYKER CORPORATION
62,910$24.9B2.96%
10
EOGEOG RES INC
188,811$22.6B2.68%
11
HDHOME DEPOT INC
60,289$22.1B2.63%
12
TMOTHERMO FISHER SCIENTIFIC INC
50,150$20.3B2.42%
13
GOOGLALPHABET INC
111,558$19.7B2.34%
14
EXPDEXPEDITORS INTL WASH INC
164,472$18.8B2.23%
15
JNJJOHNSON & JOHNSON
117,348$17.9B2.13%
16
CNRCANADIAN NATL RY CO
138,192$14.4B1.71%
17
MAMASTERCARD INCORPORATED
25,363$14.3B1.69%
18
TROWPRICE T ROWE GROUP INC
125,826$12.1B1.44%
19
MTDMETTLER TOLEDO INTERNATIONAL
10,242$12.0B1.43%
20
XBISPDR SERIES TRUST
143,241$11.9B1.41%
21
RSPINVESCO EXCHANGE TRADED FD T
64,600$11.7B1.39%
22
FISVFISERV INC
67,131$11.6B1.37%
23
PGPROCTER AND GAMBLE CO
65,028$10.4B1.23%
24
XOMEXXON MOBIL CORP
94,329$10.2B1.21%
25
ECLECOLAB INC
36,203$9.8B1.16%
26
MRVLMARVELL TECHNOLOGY INC
119,906$9.3B1.10%
27
ADIANALOG DEVICES INC
38,289$9.1B1.08%
28
FDSFACTSET RESH SYS INC
18,791$8.4B1.00%
29
XLKSELECT SECTOR SPDR TR
30,175$7.6B0.91%
30
JPMJPMORGAN CHASE & CO.
25,719$7.5B0.89%
31
USMVISHARES TR
78,603$7.4B0.88%
32
EMREMERSON ELEC CO
54,857$7.3B0.87%
33
WYWEYERHAEUSER CO MTN BE
272,920$7.0B0.83%
34
ROKROCKWELL AUTOMATION INC
21,030$7.0B0.83%
35
AMEAMETEK INC
37,106$6.7B0.80%
36
PEPPEPSICO INC
48,061$6.3B0.75%
37
INTUINTUIT
7,611$6.0B0.71%
38
TRMBTRIMBLE INC
77,827$5.9B0.70%
39
NVDANVIDIA CORPORATION
35,973$5.7B0.68%
40
BRK/BBERKSHIRE HATHAWAY INC DEL
11,388$5.5B0.66%
41
CVXCHEVRON CORP NEW
37,485$5.4B0.64%
42
WCNWASTE CONNECTIONS INC
27,178$5.1B0.60%
43
RBCRBC BEARINGS INC
12,336$4.7B0.56%
44
NXPINXP SEMICONDUCTORS N V
21,300$4.7B0.55%
45
VMIVALMONT INDS INC
13,941$4.6B0.54%
46
SCHBSCHWAB STRATEGIC TR
146,061$3.5B0.41%
47
VIGVANGUARD SPECIALIZED FUNDS
16,878$3.5B0.41%
48
VUGVANGUARD INDEX FDS
7,216$3.2B0.38%
49
AKXANSYS INC
8,870$3.1B0.37%
50
ADBEADOBE INC
7,873$3.0B0.36%
51
ADPAUTOMATIC DATA PROCESSING IN
9,602$3.0B0.35%
52
WMWASTE MGMT INC DEL
12,852$2.9B0.35%
53
VGTVANGUARD WORLD FD
4,374$2.9B0.34%
54
MCXMCCORMICK & CO INC
37,992$2.9B0.34%
55
RMERESMED INC
10,836$2.8B0.33%
56
AMZNAMAZON COM INC
12,530$2.7B0.33%
57
CSGPCOSTAR GROUP INC
33,840$2.7B0.32%
58
SHWSHERWIN WILLIAMS CO
7,460$2.6B0.30%
59
PEGAPEGASYSTEMS INC
45,578$2.5B0.29%
60
NKENIKE INC
34,669$2.5B0.29%
61
MCDMCDONALDS CORP
8,292$2.4B0.29%
62
VTIVANGUARD INDEX FDS
7,967$2.4B0.29%
63
IEXIDEX CORP
13,769$2.4B0.29%
64
CSCOCISCO SYS INC
31,195$2.2B0.26%
65
ORCLORACLE CORP
9,725$2.1B0.25%
66
MCHPMICROCHIP TECHNOLOGY INC.
29,652$2.1B0.25%
67
KOCOCA COLA CO
28,934$2.0B0.24%
68
BDXBECTON DICKINSON & CO
11,874$2.0B0.24%
69
CHDCHURCH & DWIGHT CO INC
21,280$2.0B0.24%
70
RTXRTX CORPORATION
13,681$2.0B0.24%
71
CATCATERPILLAR INC
4,982$1.9B0.23%
72
SYYSYSCO CORP
24,577$1.9B0.22%
73
AMGNAMGEN INC
6,458$1.8B0.21%
74
CLCOLGATE PALMOLIVE CO
19,578$1.8B0.21%
75
VTIPVANGUARD MALVERN FDS
34,902$1.8B0.21%
76
CLXCLOROX CO DEL
13,981$1.7B0.20%
77
WMTWALMART INC
16,826$1.6B0.20%
78
IBMINTERNATIONAL BUSINESS MACHS
5,558$1.6B0.19%
79
LLYELI LILLY & CO
2,097$1.6B0.19%
80
EPDENTERPRISE PRODS PARTNERS L
51,856$1.6B0.19%
81
YETIYETI HLDGS INC
50,447$1.6B0.19%
82
AXPAMERICAN EXPRESS CO
4,500$1.4B0.17%
83
ABBVABBVIE INC
7,132$1.3B0.16%
84
SPYSPDR S&P 500 ETF TR
2,138$1.3B0.16%
85
SLABSILICON LABORATORIES INC
8,885$1.3B0.16%
86
STTSTATE STR CORP
12,231$1.3B0.15%
87
INFA1EURINFORMATICA INC
52,878$1.3B0.15%
88
METAMETA PLATFORMS INC
1,706$1.3B0.15%
89
TECHBIO-TECHNE CORP
24,325$1.3B0.15%
90
PRPERMIAN RESOURCES CORP
84,267$1.1B0.14%
91
LINLINDE PLC
2,340$1.1B0.13%
92
ABTABBOTT LABS
7,927$1.1B0.13%
93
XLESELECT SECTOR SPDR TR
12,675$1.1B0.13%
94
EGPEASTGROUP PPTYS INC
6,378$1.1B0.13%
95
VCSHVANGUARD SCOTTSDALE FDS
12,560$998.5M0.12%
96
STIPISHARES TR
9,400$967.4M0.11%
97
TSLATESLA INC
2,613$830.0M0.10%
98
WFCWELLS FARGO CO NEW
10,003$801.4M0.10%
99
VOVANGUARD INDEX FDS
2,712$758.9M0.09%
100
KMIKINDER MORGAN INC DEL
25,229$741.7M0.09%
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