SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI Q2 2025 Filing

Filed July 30, 2025

Portfolio Value

$1.3B

Holdings

153

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (153 positions)

#	Stock	Shares	Value	% Portfolio
101	FASTFastenal Company	26,102	$1.1M	0.08%
102	TCAFT. Rowe Price Capital Appr Equity ETF	29,595	$1.0M	0.08%
103	ESGVVanguard ESG U.S. Stock ETF	9,506	$1.0M	0.08%
104	ANETArista Networks	9,639	$986K	0.08%
105	NICNicolet Bankshares	6,379	$788K	0.06%
106	NFLXNetflix	571	$765K	0.06%
107	TSLATesla	2,189	$695K	0.05%
108	PANWPalo Alto Networks	3,237	$662K	0.05%
109	MCDMcDonald's	2,237	$654K	0.05%
110	TDVGT. Rowe Price Dividend Growth ETF	14,610	$619K	0.05%
111	MAMastercard	1,099	$617K	0.05%
112	JPMJPMorgan Chase	1,957	$567K	0.04%
113	4I1Philip Morris	3,060	$557K	0.04%
114	IJJiShares S&P Mid-Cap 400 Value ETF	4,502	$556K	0.04%
115	WMTWalmart	5,498	$538K	0.04%
116	VOOVanguard S&P 500 ETF	917	$521K	0.04%
117	TSCOTractor Supply	9,725	$513K	0.04%
118	VEAVanguard FTSE Developed Markets ETF	8,859	$505K	0.04%
119	LOWLowe's	2,170	$481K	0.04%
120	SLViShares Silver Trust	14,645	$481K	0.04%
121	AMGNAmgen	1,679	$469K	0.04%
122	AQLTiShares Core MSCI EAFE ETF	5,370	$448K	0.03%
123	WF2Wintrust Financial Corp	3,500	$434K	0.03%
124	VUGVanguard Growth ETF	965	$423K	0.03%
125	VXUSVanguard Total International Stock ETF	6,055	$418K	0.03%
126	WECWEC Energy Group	3,980	$415K	0.03%
127	IJRiShares Core S&P Small-Cap ETF	3,761	$411K	0.03%
128	FNDXSchwab Fundamental US Large Company Index ETF	15,305	$376K	0.03%
129	RTXRTX Corporation	2,433	$355K	0.03%
130	CLColgate-Palmolive	3,600	$327K	0.03%
131	CATCaterpillar	835	$324K	0.02%
132	MOAltria Group	5,393	$316K	0.02%
133	SHOPShopify	2,668	$308K	0.02%
134	SEESealed Air	9,786	$304K	0.02%
135	HUBBHubbell	692	$283K	0.02%
136	CEF/USprott Physical Gold & Sliver Trust	9,325	$281K	0.02%
137	A4SAmeriprise Financial	526	$281K	0.02%
138	COPConocoPhillips	3,113	$279K	0.02%
139	NDQInvesco QQQ Trust	485	$268K	0.02%
140	TRVThe Travelers Companies	1,000	$268K	0.02%
141	SIVRabrdn Physical Silver ETF	7,750	$267K	0.02%
142	GLTRabrdn Physical Precious Metals ETF	1,930	$267K	0.02%
143	BACVerizon	5,821	$252K	0.02%
144	MMM3M Company	1,643	$250K	0.02%
145	MOATMorningstar Wide Moat ETF	2,446	$229K	0.02%
146	GNTXGentex	9,799	$215K	0.02%
147	GEHCGE Healthcare Technologies	2,872	$213K	0.02%
148	SHELShell plc ADR	2,965	$209K	0.02%
149	INDAiShares MSCI India Index Fund	3,650	$203K	0.02%
150	SCHGSchwab US Large-Cap Growth ETF	6,936	$203K	0.02%
151	EMREmerson Electric	1,515	$202K	0.02%
152	—Indivior PLC	10,000	$147K	0.01%
153	DHRB&G Foods	14,810	$63K	0.00%

PreviousPage 2 of 2