SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI Q3 2018 Filing

Filed October 19, 2018

Portfolio Value

$747.5M

Holdings

106

Report Date

Q3 2018

Filing Type

13F-HR

All Holdings (106 positions)

#	Stock	Shares	Value	% Portfolio
1	ADBEAdobe Inc.	93,820	$25.3M	3.39%
2	CSCOCisco Systems	486,629	$23.7M	3.17%
3	WATWaters Corp.	120,889	$23.5M	3.15%
4	SYYSysco	301,814	$22.1M	2.96%
5	SYKStryker	118,226	$21.0M	2.81%
6	KMBKimberly-Clark	161,414	$18.3M	2.45%
7	AFLAFLAC	374,003	$17.6M	2.36%
8	GOOGAlphabet (Google) C	14,681	$17.5M	2.34%
9	DISWalt Disney	149,122	$17.4M	2.33%
10	AAPLApple	76,411	$17.2M	2.31%
11	WBAWalgreens Boots Alliance	235,355	$17.2M	2.30%
12	UNPUnion Pacific	101,369	$16.5M	2.21%
13	CMCSAComcast	463,111	$16.4M	2.19%
14	AXPAmerican Express	152,521	$16.2M	2.17%
15	JNJJohnson & Johnson	116,676	$16.1M	2.16%
16	INTCIntel	336,481	$15.9M	2.13%
17	HDHome Depot	73,491	$15.2M	2.04%
18	PAYXPaychex	202,836	$14.9M	2.00%
19	ADPAutomatic Data Processing	96,851	$14.6M	1.95%
20	ABTAbbott Labs	196,847	$14.4M	1.93%
21	TROWT. Rowe Price	129,790	$14.2M	1.90%
22	USBU.S. Bancorp	264,709	$14.0M	1.87%
23	WFCWells Fargo	264,136	$13.9M	1.86%
24	ORCLOracle	258,665	$13.3M	1.78%
25	—National Instruments	265,233	$12.8M	1.71%
26	IDXXIdexx Laboratories	51,309	$12.8M	1.71%
27	MDTMedtronic plc	124,570	$12.3M	1.64%
28	VAREURVarian Medical Systems	109,275	$12.2M	1.64%
29	BRK/BBerkshire Hathaway - B	57,049	$12.2M	1.63%
30	PXGBXPraxair	65,470	$10.5M	1.41%
31	GOOGLAlphabet (Google) A	8,465	$10.2M	1.37%
32	PFEPfizer	228,630	$10.1M	1.35%
33	NKENike	117,044	$9.9M	1.33%
34	SSNCSS&C Technologies	162,601	$9.2M	1.24%
35	VVisa	60,455	$9.1M	1.21%
36	NSRGYNestle - ADR	106,109	$8.8M	1.18%
37	SBUXStarbucks	152,085	$8.6M	1.16%
38	AMEAmetek	108,725	$8.6M	1.15%
39	BENFranklin Resources	269,632	$8.2M	1.10%
40	SRCLStericycle	134,396	$7.9M	1.05%
41	XLNXEURXilinx	98,021	$7.9M	1.05%
42	IBMIBM	50,629	$7.7M	1.02%
43	ECLEcolab	48,084	$7.5M	1.01%
44	—Weingarten Realty	253,235	$7.5M	1.01%
45	INTUIntuit	31,915	$7.3M	0.97%
46	BBTUSDBB&T Corp.	138,820	$6.7M	0.90%
47	REGNRegeneron	16,435	$6.6M	0.89%
48	NBL2EURNoble Energy	206,257	$6.4M	0.86%
49	ADIAnalog Devices	66,813	$6.2M	0.83%
50	MSFTMicrosoft	51,296	$5.9M	0.78%
51	RHHBYRoche Holdings - ADR	173,830	$5.2M	0.70%
52	—Newfield Exploration	177,565	$5.1M	0.68%
53	DEODiageo ADS	33,815	$4.8M	0.64%
54	—Bemis	95,353	$4.6M	0.62%
55	DUKDuke Energy	57,834	$4.6M	0.62%
56	METAFacebook	27,955	$4.6M	0.61%
57	ENBEnbridge	127,936	$4.1M	0.55%
58	IPGPIPG Photonics	25,031	$3.9M	0.52%
59	GEGeneral Electric	338,993	$3.8M	0.51%
60	TSSTotal Systems Services	38,158	$3.8M	0.50%
61	BRK-BBerkshire Hathaway - CL A	11	$3.5M	0.47%
62	MRKMerck	45,336	$3.2M	0.43%
63	SOSouthern Company	67,680	$3.0M	0.39%
64	—Express Scripts	30,282	$2.9M	0.38%
65	BKNGBooking Holdings	1,328	$2.6M	0.35%
66	XOMExxon Mobil	27,113	$2.3M	0.31%
67	KOCoca-Cola	48,951	$2.3M	0.30%
68	AMZNAmazon.com	1,014	$2.0M	0.27%
69	MRSHMarsh & McLennan	23,025	$1.9M	0.25%
70	—Canadian Pacific Railway	8,640	$1.8M	0.24%
71	KCDMYKimberly-Clark De Mexico - ADR	201,463	$1.8M	0.24%
72	PYPLPayPal Holdings	19,350	$1.7M	0.23%
73	EVRGEvergy	29,561	$1.6M	0.22%
74	BIDUNBaidu	6,855	$1.6M	0.21%
75	DHRB&G Foods	50,985	$1.4M	0.19%
76	PGProcter & Gamble	16,659	$1.4M	0.19%
77	9990302DApache Corp	27,070	$1.3M	0.17%
78	SLMSLM Corporation	114,939	$1.3M	0.17%
79	BLKBBlackbaud	11,980	$1.2M	0.16%
80	AINAlbany International	15,000	$1.2M	0.16%
81	PEPPepsico	10,456	$1.2M	0.16%
82	VFCVF Corporation	12,025	$1.1M	0.15%
83	ASBAssociated Bancorp	42,026	$1.1M	0.15%
84	ABBVAbbVie	11,381	$1.1M	0.14%
85	W3UWestern Union	50,100	$955K	0.13%
86	TWTRUSDTwitter	26,660	$759K	0.10%
87	—Spectra Energy Partners	20,200	$721K	0.10%
88	CMPCompass Minerals	10,525	$707K	0.09%
89	NFLXNetFlix	1,250	$468K	0.06%
90	SLBSchlumberger	6,560	$400K	0.05%
91	CVXChevronTexaco	3,151	$385K	0.05%
92	WTBAWest Bancorporation	16,100	$378K	0.05%
93	4I1Philip Morris	4,620	$377K	0.05%
94	NICNicolet Bankshares	6,429	$350K	0.05%
95	BACVerizon Communications	6,380	$341K	0.05%
96	MOAltria Group	5,637	$340K	0.05%
97	FICOFair Isaac	1,386	$317K	0.04%
98	MMM3M Company	1,460	$308K	0.04%
99	EXASExact Sciences	3,721	$294K	0.04%
100	JPMJPMorgan Chase	2,258	$255K	0.03%

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