L. Roy Papp & Associates, LLP Q3 2025 Filing

Filed October 9, 2025

Portfolio Value

$889.6B

Holdings

182

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (182 positions)

#StockSharesValue% PortfolioType
1
MSFTMICROSOFT CORP
119,084$61.7B6.93%
2
AAPLAPPLE INC
238,148$60.6B6.82%
3
BLKBLACKROCK INC
36,829$42.9B4.83%
4
GOOGALPHABET INC
173,835$42.3B4.76%
5
ORLYOREILLY AUTOMOTIVE INC
349,792$37.7B4.24%
6
VVISA INC
102,526$35.0B3.93%
7
ACNACCENTURE PLC IRELAND
113,108$27.9B3.14%
8
GOOGLALPHABET INC
110,779$26.9B3.03%
9
TMOTHERMO FISHER SCIENTIFIC INC
51,571$25.0B2.81%
10
HDHOME DEPOT INC
61,012$24.7B2.78%
11
COSTCOSTCO WHSL CORP NEW
26,126$24.2B2.72%
12
SYKSTRYKER CORPORATION
63,998$23.7B2.66%
13
JNJJOHNSON & JOHNSON
118,621$22.0B2.47%
14
EOGEOG RES INC
186,140$20.9B2.35%
15
EXPDEXPEDITORS INTL WASH INC
164,461$20.2B2.27%
16
MAMASTERCARD INCORPORATED
25,306$14.4B1.62%
17
XBISPDR SERIES TRUST
138,587$13.9B1.56%
18
MTDMETTLER TOLEDO INTERNATIONAL
10,749$13.2B1.48%
19
CNRCANADIAN NATL RY CO
134,589$12.7B1.43%
20
RSPINVESCO EXCHANGE TRADED FD T
62,259$11.8B1.33%
21
FISVFISERV INC
84,362$10.9B1.22%
22
MRVLMARVELL TECHNOLOGY INC
122,079$10.3B1.15%
23
XOMEXXON MOBIL CORP
90,619$10.2B1.15%
24
PGPROCTER AND GAMBLE CO
66,298$10.2B1.15%
25
ECLECOLAB INC
36,498$10.0B1.12%
26
ADIANALOG DEVICES INC
38,693$9.5B1.07%
27
TROWPRICE T ROWE GROUP INC
90,822$9.3B1.05%
28
XLKSELECT SECTOR SPDR TR
30,953$8.7B0.98%
29
AMEAMETEK INC
43,688$8.2B0.92%
30
JPMJPMORGAN CHASE & CO.
25,719$8.1B0.91%
31
ROKROCKWELL AUTOMATION INC
22,232$7.8B0.87%
32
EMREMERSON ELEC CO
54,777$7.2B0.81%
33
USMVISHARES TR
75,348$7.2B0.81%
34
PEPPEPSICO INC
49,259$6.9B0.78%
35
WYWEYERHAEUSER CO MTN BE
272,920$6.8B0.76%
36
NVDANVIDIA CORPORATION
36,140$6.7B0.76%
37
TRMBTRIMBLE INC
77,463$6.3B0.71%
38
CVXCHEVRON CORP NEW
36,718$5.7B0.64%
39
BRK/BBERKSHIRE HATHAWAY INC DEL
11,183$5.6B0.63%
40
INTUINTUIT
8,003$5.5B0.61%
41
VMIVALMONT INDS INC
14,005$5.4B0.61%
42
FDSFACTSET RESH SYS INC
17,903$5.1B0.58%
43
WCNWASTE CONNECTIONS INC
27,178$4.8B0.54%
44
RBCRBC BEARINGS INC
12,161$4.7B0.53%
45
NXPINXP SEMICONDUCTORS N V
20,498$4.7B0.52%
46
RMERESMED INC
13,652$3.7B0.42%
47
SCHBSCHWAB STRATEGIC TR
144,624$3.7B0.42%
48
VIGVANGUARD SPECIALIZED FUNDS
16,273$3.5B0.39%
49
VUGVANGUARD INDEX FDS
7,092$3.4B0.38%
50
VGTVANGUARD WORLD FD
4,374$3.3B0.37%
51
WMWASTE MGMT INC DEL
13,397$3.0B0.33%
52
ADPAUTOMATIC DATA PROCESSING IN
9,602$2.8B0.32%
53
CSGPCOSTAR GROUP INC
33,208$2.8B0.31%
54
AMZNAMAZON COM INC
12,732$2.8B0.31%
55
ADBEADOBE INC
7,918$2.8B0.31%
56
ORCLORACLE CORP
9,571$2.7B0.30%
57
VTIVANGUARD INDEX FDS
7,977$2.6B0.29%
58
SHWSHERWIN WILLIAMS CO
7,460$2.6B0.29%
59
PEGAPEGASYSTEMS INC
44,443$2.6B0.29%
60
MCXMCCORMICK & CO INC
38,042$2.5B0.29%
61
MCDMCDONALDS CORP
8,276$2.5B0.28%
62
CATCATERPILLAR INC
4,982$2.4B0.27%
63
RTXRTX CORPORATION
13,756$2.3B0.26%
64
IEXIDEX CORP
13,409$2.2B0.25%
65
NKENIKE INC
30,811$2.1B0.24%
66
CSCOCISCO SYS INC
31,195$2.1B0.24%
67
SYYSYSCO CORP
24,524$2.0B0.23%
68
KOCOCA COLA CO
28,949$1.9B0.22%
69
MCHPMICROCHIP TECHNOLOGY INC.
29,686$1.9B0.21%
70
AMGNAMGEN INC
6,457$1.8B0.20%
71
CHDCHURCH & DWIGHT CO INC
20,720$1.8B0.20%
72
WMTWALMART INC
17,221$1.8B0.20%
73
VTIPVANGUARD MALVERN FDS
34,697$1.8B0.20%
74
YETIYETI HLDGS INC
52,855$1.8B0.20%
75
CLXCLOROX CO DEL
14,116$1.7B0.20%
76
EPDENTERPRISE PRODS PARTNERS L
55,056$1.7B0.19%
77
TECHBIO-TECHNE CORP
30,630$1.7B0.19%
78
ABBVABBVIE INC
7,219$1.7B0.19%
79
LLYELI LILLY & CO
2,014$1.5B0.17%
80
CLCOLGATE PALMOLIVE CO
19,033$1.5B0.17%
81
IBMINTERNATIONAL BUSINESS MACHS
5,298$1.5B0.17%
82
AXPAMERICAN EXPRESS CO
4,500$1.5B0.17%
83
SNPSSYNOPSYS INC
2,912$1.4B0.16%
84
SPYSPDR S&P 500 ETF TR
2,128$1.4B0.16%
85
INFA1EURINFORMATICA INC
52,503$1.3B0.15%
86
STTSTATE STR CORP
11,026$1.3B0.14%
87
XLESELECT SECTOR SPDR TR
13,949$1.2B0.14%
88
METAMETA PLATFORMS INC
1,641$1.2B0.14%
89
SLABSILICON LABORATORIES INC
8,650$1.1B0.13%
90
DTDYNATRACE INC
23,245$1.1B0.13%
91
PRPERMIAN RESOURCES CORP
87,041$1.1B0.13%
92
LINLINDE PLC
2,340$1.1B0.12%
93
TSLATESLA INC
2,458$1.1B0.12%
94
EGPEASTGROUP PPTYS INC
6,378$1.1B0.12%
95
ABTABBOTT LABS
7,927$1.1B0.12%
96
VVVVALVOLINE INC
29,035$1.0B0.12%
97
VCSHVANGUARD SCOTTSDALE FDS
12,167$972.5M0.11%
98
STIPISHARES TR
9,400$971.6M0.11%
99
IVVISHARES TR
1,406$941.0M0.11%
100
BDXBECTON DICKINSON & CO
4,863$910.2M0.10%
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